Weekly Newsletter ly Newsletter-Equity

04 June2012 June

EQUITY ANALYSIS - DAILY

Weekly Newsletter
Contents
Market Wrap Market Performance NSE Gainers NSE Losers Volume Toppers World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future

MARKET WRAP
Nifty and Sensex both ended with marginal losses this week down 1.6%. U.S. Unemployment claims came at 383K; Prelim GDP q/q came at 1.9%. Almost all international markets have shown bit recovery with moderate gains.

Indian equity markets closed with substantial losses this week and all sectoral indices
along with both benchmark indices closed below their psychologically important levels of 16,000 and 4900, respectively. Barring FMCG, all sectoral indices closed negative with capital goods, power, auto and oil & gas being the worst performers. IT, banking, tech and metal, too, lost significantly. Technically Nifty is there on its 200 Days Moving average breaking which may go down, Moreover it may ranges 4650-5200 this week.

Indias economy grew 5.3% during January-March (Q4), the 8th successive quarterly
decline, & the slowest pace in nine years. For the full year, the economy grew 6.5% from an earlier estimate of 6.9%. All eyes are now on the RBI; expectations of the central bank cutting interest rates at its June 17 meeting have gone up with the latest dismal GDP number. Services grew 7.9% vs. 10.6% last year, farm sector growth fell to 1.7% from 7.5%, manufacturing sector 0.3% vs. 7.6%, & construction 4.8% vs. 8%.

The US markets ended lower with major indices logging their worst May since 2010 on
the back of concerns over the euro zone debt crisis in addition to worries over a slowing US economy. Spain is in the center of the latest developments as markets judged the Madrid government would sooner or later have to ask for outside help to bail out its banks, possible plans to help Spain deal with its banking crisis helped Wall Street cut its losses. Asian shares and the euro extended losses this week as well.

MARKET PERFORMANCE
NSE GAINERS
COMPANY NAME Piramal Life Science Liberty Shoes Kaushalya Infra Pan India Corp Take Solutions CURRENT 15.70 119.95 12.10 0.40 36.80 PREV. CLOSE(RS) 9.00 83.60 8.55 0.30 28.90 CANG.(RS) 6.70 36.35 3.55 0.10 7.90 CHAG.(%) 74.44 43.48 41.52 33.33 27.34

NSE LOSERS
COMPANY NAME Fresenius Kabi Ramky Infra Parenteral Drugs Ranklin Solutions Oswal Chem. & CURRENT 89.45 91.75 56.10 6.05 25.65 PREV. CLOSE(RS) 140.15 141.90 79.00 8.05 33.50 CANG.(RS) -50.70 -50.15 -22.90 -2.00 -7.85 CHAG.(%) -36.18 -35.34 -28.99 -24.84 -23.43

VOLUME TOPPERS
COMPANY NAME Suzlon Energy Tata Motors Lanco Infratech Indraprastha Gas Kingfisher Airlines CURRENT 17.55 224.55 12.00 249.15 10.95 PREV. CLOSE(RS) 17.90 233.00 12.40 193.35 10.50 CHAG.(%) -1.96 -3.63 -3.23 28.86 4.29

Volume in (000s)
36917.52 23853.82 19366.66 19120.36 18470.95

SECTORIAL INDICES
Indices
Hang Seng Jakarta Composite Nikkei 225 KLSE Composite Seoul Composite Strait Times FTSE 100 Nasdaq DJIA S&P 500

Country
Hong Kong Indonesia Japan Malaysia South Korea Singapore United Kingdom United States United States United States

Date
1-Jun-2012 1-Jun-2012 1-Jun-2012 1-Jun-2012

Index
18558.34 3799.77 8440.25 1573.59

Net Change
-155.07 -102.74 -140.14 22.47

Change (%)
-0.83 -2.63 -1.63 1.45 0.57 -0.98 -1.71 -3.17 -2.70 -3.02

1-Jun-2012

1834.51

10.34

1-Jun-2012

2745.71

-27.04

1-Jun-2012

5260.19

-91.34

1-Jun-2012

2747.48

-90.05

1-Jun-2012

12118.57

-336.26

1-Jun-2012

1278.04

-39.78

INDIAN EQUITY MARKET

INDICES
NIFTY BANK NIFTY SENSEX

VALUE
4841.60 9200.00 15965.16

CHANGE
-78.60 -216.65 -252.66

% CHANGE
-1.60 -2.30 -1.56

TECHNICAL VIEW
NIFTY WEEKLY PIVOT
INDICES NIFTY R4 5464 R3 5275 R2 5086 R1 4964 P 4897 S1 4775 S2 4708 S3 4519 S4 4330

OUTLOOK
Trend: - Bearish Resistance: - 5020 5250 0, Support: - 4740, 4 4600 Strategy: - Sell on High

NIFTY WEEKLY

BANK NIFTY WEEKLY PIVOT

SCRIPT BANK NIFTY R4 11033 R3 10477 R2 9921 R1 9561 P 9365 S1 9005 S2 8809 S3 8253 S4 7697

OUTLOOK
Trend: - Bearish Resistance: - 9600 10000 0, Support: - 8850, 8 8300 Strategy: - Sell on High BANK NIFTY WEEKLY

Disclaimer
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. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to TheEquicom might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. TheEquicom does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.