26TH AUGUST

2015

Good morning to all

CAPITALSTARS INVESTMENT ADVISORS

W
W
W
.
C
A
P
I
T
A
L
S
T
A
R
S
.
C
O
M

www.capitalstars.com | CapitalStars Research

MARKET SNAPSHOT
SYMBOL

OPEN

HIGH

LOW

CLOSE

CHANGE

NIFTY

7895

7925

7667

7876

0.87%

SENSEX

25916

26124

25298

25982

0.94%

Nifty levels:
Nifty spot close @7876
Nifty future close @7907
SYMBOL
NIFTY SPOT
NIFTY
FUTURE

S1
7720
7739

S2
7564
7571

PIVOT
7822
7832

R1
7978
8000

Todays view on Nifty

www.capitalstars.com | CapitalStars Research

R2
8080
8093

Selling opportunity as remain below 8100 we may see 7600-7500 in coming days. Above
8100 major resistance zone will be 8200-8250.

Bank Nifty levels:

Bank nifty spot close @17192
Bank nifty future close @18044

SYMBOL

S1

S2

PIVOT

R1

R2

www.capitalstars.com | CapitalStars Research

BANKNIFTY
SPOT
BANKNIFTY
FUTURE

16818

16444

17044

17418

17644

16572

15894

16223

17601

17952

View on Bank nifty

Banknifty selling opportunity below 17300 we may see 16900/16500 level in coming days.
Major support zone will be 16200-16150.

www.capitalstars.com | CapitalStars Research

Market Commentary
MARKET COMMENTERY
A rebound in global stocks aided recovery on the domestic bourses after the carnage
witnessed yesterday, 24 August 2015. The barometer index, the S&P BSE Sensex, was up
351.37 points or 1.36% to 26,092.93, as per provisional closing data. The gains for the
Sensex in percentage terms were higher than those for the 50-unit CNX Nifty. The Nifty
was was up 71.70 points or 0.92% at 7,880.70, as per provisional closing data. Oil, metal
and banking stocks led recovery for key benchmark indices. The Sensex provisionally
settled above the psychological 26,000 level, having alternately moved above and below
that mark in intraday trade. A rout in global stock markets triggered by concerns of a
slowdown in China's economic growth took the Sensex below the psychological 26,000
level yesterday, 24 August 2015.

STOCK BUZZ
Banks shares edged higher. Among PSU banks, State Bank of India (up 3.42%),
Indian Bank (up 3.38%), Vijaya Bank (up 2.42%), Punjab National Bank (up
2.18%), Union Bank of India (up 1.88%), Canara Bank (up 1.68%), Dena Bank
(up 1.56%), Allahabad Bank (up 1.28%), Andhra Bank (up 1.24%), Bank of India
(up 1.21%), Corporation Bank (up 0.85%), Bank of Baroda (up 0.79%), United
Bank of India (up 0.70%), Syndicate Bank (up 0.23%), Bank of Maharashtra (up
0.15%) and UCO Bank (up 0.11%), edged higher. Punjab and Sind Bank (down
1.4%), IDBI Bank (down 1.66%) and Central Bank of India (down 9.66%), edged
lower.
Most metal shares edged higher. Vedanta (up 7.66%), Tata Steel (up 4.29%),
Hindustan Zinc (up 3.38%), JSW Steel (up 3.29%), Hindalco Industries (up

www.capitalstars.com | CapitalStars Research

2.60%), Steel Authority of India (up 2.38%), Jindal Steel & Power (up 1.70%),
Bhushan Steel (up 1.40%) and NMDC (up 0.11%), edged higher. National
Aluminium Company (down 0.17%) and Hindustan Copper (down 2.29%)
edged lower.

HOT PURSUIT
Meanwhile, Parliamentary Affairs Minister Venkaiah Naidu reportedly said today,
25 August 2015, that the government is considering reconvening Parliament to get
the Parliament's nod for the Goods and Service Tax (GST) bill. The government
failed to get the GST bill passed during the recently concluded monsoon session of
parliament.
India's weather office, the India Meteorological Department (IMD), said in a daily
report issued yesterday, 24 August 2015, that for the country as a whole,
cumulative rainfall during this year's monsoon season was 11% below the Long
Period Average (LPA) until 24 August 2015. Region wise, the rainfall was 19% below
the LPA in South Peninsula, 14% below the LPA in Central India, 6% below the LPA
in East & Northeast India and 4% below the LPA in Northwest India until 24 August
2015.

OPTION STRATEGY
In todays session we have seen call writing in 8000 and 7800 strike price, we may see 8000 as a
strong resistance level in coming days.
SBIN 250 and 260 calls and puts were so active, we may see selling below 260 level.
DLF 100/110 puts were so active today, we may see more selling as remain below 100.

www.capitalstars.com | CapitalStars Research

STOCKS TO WATCH
LUPIN:
Sell Lupin below 1820 stock may show 1780/1750 level in coming days.

VEDANTA:
Keep selling but only on rise 60/50 levels are waiting

NMDC:
Sell NMDC below 97 for the target of 85/80 in coming days, keep sell on rise.

Top PICKS OF THE DAY

BUY M&M ABOVE.? TGT..?STOP LOSS?
SELL ICICI BANK BELOW..?...TARGET.?..STOPLOSS?
SELL VOLTAS BELOW.? STOCK MAY SHOW 250/230 LEVEL IN COMING DAYS
WITH STOP LOSS?
FOR DETAIL LEVELS YOU CAN SUBSCRIBE OUR SERVICES OR TALK TO OUR
EXECUTIVES

For more detail

Give missed call on 0731 6669900, or mail us at
backoffice@capitalstars.in

DISCLAIMER

www.capitalstars.com | CapitalStars Research

The information and views in this report, our website & all the service we provide are believed to be
reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the
right to choose the product/s that suits them the most.
Use of this report in no way constitutes a client/advisor relationship, all information we communicate to
you (the subscriber) either through our Web site or other forms of communications, are purely for
informational purposes only.
We recommend seeking individual investment advice before making any investment, for you are
assuming sole liability for your investments. Capital Stars will in no way have discretionary authority
over your trading or investment accounts.
All rights reserved.

www.capitalstars.com | CapitalStars Research