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Daily Report
Monday, Nov 17th, 2014
Technical Stock to Focus for Short – Midterm (keep Stop loss for every trade)
Scrip Name
Buy / Sell
Bata India
Buy at current level or on a decline up to 1285
Indian Indices
Open
High
Low
Close
Change
% Chg
BSE
27949.54
28093.23
27912.90
28046.66
106.02
0.38
NSE
8360.70
8400.65
8346.80
8389.90
32.05
0.38
Close
(% )Chg
Dow Jones
17634.74
-0.10
Nasdaq
4688.54
0.18
Nikkei
17037.65
-2.59
Hang Seng
23915.27
-0.71
FTSE
6654.37
0.29
Close
Chg
CMP
Stop Loss
Target
1313.65
1220
1400-1430-1474
Market Overview And Technical Outlook
Source: BSE NSE
Global Indices
Source- Falcon
In our previous weekly report, we had mentioned that if Nifty was to
trades and close above 8365 level, there was high probability that
Nifty would test 8492 – 8600 – 8779 levels in couple of weeks. The
week began on a subdued note and traded in a narrow band with
positive bias which led the Sensex to end with marginal gains of
0.64% whereas Nifty gained 0.63% vis-à-vis the previous week.
Source: Bloomberg .
Commodity
Gold($/Ounce)
1185.80
0.20
Silver ($/Ounce)
16.26
-0.05
Crude( $/bbl)
75.49
-0.33
Currency
Close
(%) Chg
Rs/USD
61.8650
0.30
Rs/EUR
77.0375
0.13
Nifty
8357
8325
8411
8433
Sensex
27942
27837
28121
28197
Source: Bloomberg
Pattern Formation:
On the weekly chart, we are observing a narrow range body
formation which indicates that markets are indecisive at current
level.
On the daily chart, we are observing that prices have closed well
above the short term 5-days EMA which suggest that the
undertone in the markets is positive.
Source: MCX-SX.Com.
Support/Resistance
Support 1
Support 2
Resistance 1
Resistance 2
52 Wk High (A group)
52 Wk Low (A group)
52
Close
Company
Wk
Price
Low
Cairn
267.6 258.3
Company
Close
Price
Alstomt&d
400.7
52
Wk
High
429.0
Aurobindo
1120
1133
--
--
--
Bajaj Auto
2645
2660
--
--
--
Bosch
16571
17299
--
--
--
Britannia
1625
1668
--
--
--
Source: BSE
Generating Wealth. Satisfying Investors.
Outlook: Combining the above pattern formations it is evident that
the undertone is still positive. We reiterate our view that the weekly
trends still remains up, hence buy on decline theory should be
adopted in this markets. On the upside, in coming week, if Nifty
trades and close above 8415 level, there is high probability that Nifty
may test 8492 – 8600 – 8779 levels in couple of weeks. On the
downside, Nifty has support at 8200 – 8117 – 8050 levels.
We maintain our earlier stance that, if we see consolidation or a
correction up to 8241 – 8190 levels it is an opportunity to go long
for the weekly target of 8405 – 8500 – 8600 levels.
1
Update Report
Market Breadth
NSE
BSE
Advances
821
1581
Declines
711
1450
Same
59
117
1.15:1
1.09:1
A/D Ratio
Source: BSE NSE
Market Turnover (Rs. in crores)
Indices
14-Nov
13-Nov
Chg
(%)chg
BSE
3459.09
3531.93
-72.84
-2.06
NSE
18127.60
17095.66
1031.94
6.04
Futures
38259.45
40403.37
-2143.92
-5.31
Options
142706.4
165490.6
-22784.20
-13.77
202553
226522
-23969.02
-10.58
Total
Source: BSE NSE
Indices Watch
Indices
Bank Nifty
Close
17576.80
(%) Chg
0.71
CNX IT
11571.75
0.28
BSE Midcap
10154.81
0.52
CNX Midcap
12198.60
0.90
BSE Small Cap
11217.39
0.52
BSE Auto
18659.93
0.62
BSE Bankex
20118.77
0.72
BSE Capital Goods
15884.90
0.55
BSE Consumer Durables
9830.03
0.16
BSE FMCG
7752.93
-0.12
BSE HC
14840.27
-1.22
BSE IT
10892.17
0.22
BSE Metal
11401.49
2.53
BSE Oil & Gas
10837.84
1.06
BSE Power
2123.00
0.52
BSE PSU
8224.97
1.61
BSE Realty
1669.36
2.35
BSE TECk
6028.62
0.20
India VIX
13.9725
1.25
Data Alert From India –
 Trade data for October, by commerce and industry ministry.
Data Alert From Overseas –
 Italian Trade Balance at 2:30 pm
 Europe Trade Balance at 3:30 pm
 German Buba Monthly Report at 4:30 pm
 ECB President Draghi Speaks at 7:30 pm
 US Industrial Production m/m at 7:45 pm
Domestic Stock Specific News –
 India Oct WPI inflation falls to five-year low of 1.77% vs
2.38% in Sep
 Finance ministry source says FIPB clears 15 FDI proposals
 FIPB approves hike in foreign holding in HDFC Bank to 74%
 Moody's says not enough evidence now to up India outlook
 Bank sources say RBI may be comfortable with some rupee
depreciation
 GST panel head says rollout in FY16 doable if bill passed next
session
 IOC says no proposal to merge arm Chennai Petro with
company
 GAIL says incorporated company to set up 1,800 km
Turkmenistan-India pipeline
 Minister says Rashtriya Chemicals plans new 1.3 mln tn urea
plant at Thal
 Delhi regulator withdraws power adjustment fee for NovFeb
 IFCI says stake sale in NSE, two arms still under process
 IDFC Kakar says working on rural, inclusion-focused viable
bank model
 DoT won't reschedule Feb spectrum auction despite industry
demand
 Jubilant Life arm to acquire majority stake in Cadista
Holdings
 Era Infra wins 4.41-bln-rupees construction orders from govt
Source: BSE NSE
Index PE
Nifty
Sensex
14-Nov
21.35
Yr high
25.91
Yr low
15.23
19.10
24.47
15.84
Source: BSE NSE
Macro Economic Data
Monthly Inflation (m-o-m)
IIP growth (m-o-m)
Repo Rate
Reverse Repo Rate
CRR
GDP Growth (q-o-q)
Current
1.77%
2.50%
8.00%
7.00%
4.00%
Previous
2.38%
0.40%
8.00%
7.00%
4.00%
5.70%
4.60%
Source: Various
Generating Wealth. Satisfying Investors.
.
International News –
 US Oct core retail sales up 0.3%, retail sales up 0.3% vs -0.3%
 US Nov UoM consumer sentiment rose to 89.4 from 86.9
 Japan GDP contracts 0.4% in Sep quarter from -1.8% (QoQ)
Macro Economic Calendar
Date
th
Indian GDP Data
28 Nov 2014
Indian Monetary Policy
02 Dec 2014
Indian IIP Data
12 Dec 2014
Indian Inflation Data
14 Dec 2014
nd
th
th
Source: Various
2
Update Report
FII and DII Cash Activities 14-11-2014 –
FIIs
Purchase
DII
Sales
Net
Purchase
Sales
Net
Total Net
Date
(Rs cr)
(Rs cr)
(Rs cr)
(Rs cr)
(Rs cr)
(Rs cr)
(Rs cr)
14/11/14
4986.80
4340.90
645.90
1418.23
1935.74
-517.51
128.39
13/11/14
3933.01
3242.40
690.61
1090.87
1829.11
-738.24
-47.63
12/11/14
4112.93
3653.46
459.47
1249.68
1809.12
-559.44
-99.97
11/11/14
4443.96
3985.92
458.04
1181.26
1698.24
-516.98
-58.94
10/11/14
4291.60
3936.30
355.30
1435.41
1750.34
-314.93
40.37
Month to date – Nov
1143407.34
1032522.19
110884.94
399194.87
464511.75
-65433.98
45698.48
(Data Source: NSE; Rs in crores)
The FII’s total buying on 14-11-2014 is Rs 645.90 cr while DII total selling Rs 517.51 cr.
FII Derivative Statistics 14-11-2014 –
BUY
SELL
OPEN INTEREST
No. of
contracts
Amt in
Crores
No. of
contracts
Amt in
Crores
Total
No. of
contracts
Amt in
Crores
Amt. Cr.
(Pre. Day)
Change in
OI%
INDEX FUTURES
26707
789.73
42503
998.20
-208.47
886637
19733.24
19510.12
1.14
INDEX OPTIONS
560511
13210.70
530084
12474.52
736.17
2781134
66869.30
64403.84
3.83
STOCK FUTURES
84205
2576.65
81049
2478.51
98.13
1673154
49676.31
49027.53
1.32
STOCK OPTIONS
106568
3370.60
105902
3348.45
22.14
94922
2966.55
2859.02
3.76
TOTAL
777991
19947.67
759538
19299.68
647.99
5435847
139245.40
135800.51
2.54
Symbol
 Open Interest of derivative segment increased to Rs 139245.40 cr vs Rs 135800.51 cr.
 FIIs net seller in index futures to the amount of Rs 208.47 cr and in index options net buyer to the amount of Rs 736.17 cr.
 Put-Call Ratio at 1.08 vs 1.01 (Bearish).
Most Active Nifty Call Option Contracts –
Symbol
Expiry
Date
Strike
Price
No. of
Contracts
Traded
% Change
in
Contracts
Contract
Value (Rs.
Lakhs)
Closing
Price
% Change in
Price
Open
Interest
(OI)
% Change
in OI
NIFTY
27-Nov-14
8400
725520
-21.75
1535840.59
72.30
17.56
5157950
-4.93
NIFTY
27-Nov-14
8500
723262
-11.55
1541904.18
30.00
18.11
5544250
-5.14
NIFTY
27-Nov-14
8600
365468
-25.48
786571.19
9.60
16.36
4526950
-2.84
NIFTY
27-Nov-14
8300
151715
-31.35
319780.33
140.00
13.91
2402600
-4.23
NIFTY
27-Nov-14
8550
113302
45.14
242603.38
15.50
15.67
2059100
180.75
Most active Nifty call option is at 8400 with 725520 contracts 2nd highest active Call at Strike 8500.
Generating Wealth. Satisfying Investors.
.
3
Update Report
Most Active Nifty Put Option Contracts –
Symbol
Expiry
Date
Strike
Price
No. of
Contracts
Traded
% Change in
Contracts
Contract
Value (Rs.
Lakhs)
Closing
Price
% Change
in Price
Open
Interest
(OI)
% Change
in OI
NIFTY
27-Nov-14
8400
610441
-21.34
1292534.04
62.00
-22.11
3131275
11.29
NIFTY
27-Nov-14
8300
601843
-23.55
1254114.42
31.50
-25.36
5912675
10.72
NIFTY
27-Nov-14
8200
397696
-23.50
816999.82
16.00
-23.99
5320375
2.13
NIFTY
27-Nov-14
8100
281147
-13.53
569979.86
8.80
-22.81
5257950
15.99
NIFTY
27-Nov-14
8000
210621
14.05
421539.50
5.65
-19.29
5278250
1.77
Most active Nifty put option is at 8400 with 610441 contracts 2nd highest active Put at Strike 8300.
Most Active Stock Futures –
Expiry
Date
No. of
Contracts
Traded
Contract
Value (Rs.
Lakhs)
Closing
Price
% Change in
Price Close
Open
Interest (OI)
% Change in
OI
Value of
Underlying
SBIN
27-Nov-14
116381
404848.77
2800.00
2.47
6226375
3.89
2784.80
TATASTEEL
27-Nov-14
35009
83858.81
482.35
2.17
19916500
1.61
480.50
HDFCBANK
27-Nov-14
27517
63919.93
938.60
1.77
44458250
0.45
932.00
BHEL
27-Nov-14
22342
53323.65
242.45
-0.43
37602000
2.44
246.45
SUNPHARMA
27-Nov-14
21757
48667.69
886.80
-2.80
9665000
2.64
887.50
Symbol
Most active stock future is SBIN with 116381 contracts while 2nd active stock is TATASTEEL.
Open Interest Figures (Nov Month Futures) –
Bullish Trend :  in OI -  in Price
Bearish Trend :  in OI -  in Price
Symbol
Open
Interest
% Chg in
OI
Price
% Chg in
Price
ASIANPAINT
6982000
25.58
675.60
4.66
VOLTAS
6846000
23.46
272.00
6.56
SIEMENS
1438500
6.12
931.60
HINDPETRO
8400000
6.03
557.60
LICHSGFIN
10375000
5.52
422.15
Open
Interest
% Chg in
OI
TVSMOTOR
-COLPAL
6296000
399375
4.50
SUNTV
2.48
2.60
Short Covering:  In OI -  In Price
% Chg in
Price
9.27
243.05
-4.69
6.46
1994.45
-0.18
2127000
4.62
317.85
-2.78
TATAMOTORS
17854500
4.56
525.40
-0.49
SRTRANSFIN
1198500
4.22
1048.75
-0.21
Long Position Squared Off:  In OI - In Price
Symbol
Open
Interest
% Chg in
OI
Price
% Chg in
Price
BATAINDIA
761250
-17.70
1321.50
IOC
6543000
-10.88
ONGC
23468500
AUROPHARMA
JUBLFOOD
Symbol
Open
Interest
% Chg in
OI
Price
% Chg in
Price
3.19
IGL
941000
-6.04
436.10
-1.30
357.15
3.00
-7.08
393.40
1.72
YESBANK
MOTHERSUMI
7816000
4105500
-3.17
-2.99
692.25
426.85
-0.56
-0.29
7305750
-6.98
1121.95
1.94
POWERGRID
18922000
-2.68
144.55
-0.38
1862750
-6.14
1473.05
3.88
MINDTREE
375250
-2.66
1128.10
-0.63
Generating Wealth. Satisfying Investors.
.
Price
Symbol
4
Update Report
Securities in Ban For Trade Date 17-11-2014
UNITECH
Today’s Result –
N.A.
EX- Dividend + Board Meeting –
EX-Dividend – LGB Bros Ltd, Noida Toll, Orbit Exports, Page Ind, Sundram Fasteners, Welspun India
Board Meeting (Purpose) – Goodluck Steel (General), Oswal Overseas (General)
Bulk Deals (BSE)*
Deal Date
14-Nov-14
Scrip Name
DECCANCE
Client Name
UTI MUTUAL FUND
Deal Type
Quantity
Price
B
150,891
390.00
Deal Type
Quantity
Price
SELL
3000000
1030.02
Bulk Deals (NSE)*
Deal Date
14-Nov-14
Scrip Name
SHRIRAM TRANS FIN
Client Name
FUL FD MGT COM LTD A/C CENTAURA INVTS (MAU) PTE LTD
Note- Executed on 14th Nov, 2014. Bulk Deal Buy/sell done by fund house is considered.
Generating Wealth. Satisfying Investors.
.
5
Update Report
Contact
Website
Email Id
SMS: ‘Arihant’ to 56677
www.arihantcapital.com
[email protected]
Arihant is Forbes Asia’s ‘200 Best under a $Billion’ Company
‘Best Emerging Commodities Broker’ awarded by UTV Bloomberg
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