MARKET SUMMARY FOR 28 MAY 2015

Nifty falls by 0.1% and ended May series below 8350; Vedanta, Tata Motors up Overall in the May series, Nifty was up 1.7 percent while Sensex jumped 1.8 percent. CNX IT index rallied 4 percent, Oil & Gas was up 3.4 percent, Pharma gained 2.7 percent. The market ended May F&O series flat on a corporate earnings heavy day. The Nifty closed down 15.60 points at 8319 while the Sensex slipped 57.95 points at 27506. now the market needs one big push from the FIIs.Indian markets were volatile also because of F&O expiry as traders roll over positions in the futures & options (F&O) segment from May 2015 series to June 2015 series. 20 stocks on the Sensex closed the day in red. Sectorally, healthcare index was the top loser, down 1.31%.Tata Motors was the top gainer on Sensex, up about 3%. Cipla was the top loser, down nearly 3%. 

TODAY RESULTS

MARKET SUMMARY FOR 27 MAY 2015

Sensex, Nifty end  flat because ahead of F&O expiry ,banks lead gainers Banking majors like HDFC Bank, Axis Bank, ICICI Bank and State Bank of India rallied 1-2 percent ahead of RBI policy meet (on June 2). Reuter’s poll indicated that the RBI may cut repo rate by 25 basis points to 7.25 percent. It was a consolidation day for the market on Wednesday ahead of expiry of May derivative contracts (on Thursday) and after seeing sell-off in previous two sessions. Banks were the lead gainers today followed by FMCG, capital goods and oil stocks. The 30-share BSE Sensex gained 33.25 points at 27564 while the Nifty declined 4.75 points to 8334 after hitting an intraday low of 8277. And Wockhardt rose over 11 percent intraday on Wednesday. US Food and Drug Administration (FDA) has completed inspection of the drug manufacture’s Waluj facility yesterday.  and  Tata Motors  fell 7 percent intraday on Wednesday after its March quarter earnings. Its Q4 profit plunged 56.2 percent year-on-year to Rs 1,716.5 crore, impacted by higher depreciation and marked-to-market un-matured hedges. Shares of  Tech Mahindra tanked 14 percent intraday on Wednesday after its disappointing March quarter earnings was announced.
TODAY RESULTS

GAIL falls by 1.6%. and Q4 profit falls 16% to Rs 510.75 cr GAIL India missed street expectations on Wednesday with the fourth quarter net profit declining 16 percent sequentially to Rs 510.75 crore, impacted by higher other expenses and loss at petrochemicals division. Total income from operations slipped 4.7 percent to Rs 14,270.62 crore during January-March quarter compared to Rs 14,969.41 crore in December quarter, said the country's largest gas transmission and marketing company in its filing. Profit was estimated at Rs 667.7 crore on revenue of Rs 14,154.8 crore for the quarter. Top gainers and losers are:

MARKET SUMMARY FOR 26 MAY 2015

FUTURE:

“SELL AMBUJACEM BELOW 227 TGT 220 SL 234”

“BUY TATASTEEL ABOVE 334 TGT 340 SL 328”

The market ended at lower levels. The Sensex was down 112 points or 0.4 percent at 27531 and the Nifty was down 30.90 points or 0.1 percent at 8352. About 1176 shares have advanced, 1482 shares declined, and 175 shares are unchanged.  After beating estimates by its March quarter results, BHEL ended with 5 percent gains. Coal India, Hero MotoCorp, Maruti and Bajaj Auto are top gainers in the Sensex. Among the losers are ONGC, Vedanta, Tata Motors, NTPC and Reliance. 8000 can be a great entry point on the downside. He is betting on banking and industrial stocks.
TODAY RESULTS

BHEL up by 5.1% and a net profit of Rs 888.4 crore in January-March quarter, down 52 percent from Rs 1,844.6 crore in year-ago period. Net sales, during the quarter, also slipped 16 percent to Rs 12,368.4 crore compared to Rs 14,755 crore year-on-year (Y-o-Y).
Tech Mahindra falls by 2.3% Q4 profit down 39%, the fourth quarter profit falling 39.2 percent sequentially to Rs 472 crore, dented by higher employee cost and other expenses. Tech Mahindra  missed street forecast on Tuesday with the fourth quarter consolidated profit falling 39.2 percent sequentially to Rs 472 crore.

Suven Life Sciences falls by 3.9%. Q4 profit dips 48% to Rs 17 crore .net profit of Rs 32.40 crore for the January-March period of the previous fiscal, 2013-14, net sales of the company stood at Rs 110.66 crore for the fourth quarter of last fiscal as against Rs 130.80 crore in the year-ago period.top gainers and losers are:

MARKET SUMMARY FOR 25 MAY 2015

FUTURE:

                                    “SELL VOLTAS BELOW 320 TGT 315 SL 325”       

“BUY DISHTV ABOVE 85.50 TGT 89 SL 82.00”

Nifty holds resistance of  100 EMA .Nifty drops below 8400 by 1.1% at 8362. Sensex fell 313 points to 27643 and the 50-share NSE Nifty ended below the 8400-mark, down 88 points to 8362 The BSE Midcap and Smallcap indices closed flat with negative bias. Canara Bank took a sudden plunge after the bank announced its Q4 results. For three sessions, nifty is facing resistance of 100 day EMA @ 8440-50.Now 100 day EMA is a very good indicator of medium term trend. it has been month  now that the indices have been trading below 100 EMA. indices have not traded below 100 EMA for such a long time since september 2013.couple of closes above 8450 and we are set for 8600+ levels. however failure to do so will again drag back indices to sub 200 EMA levels i.e below 8200 odd levels.  The stock cracked nearly 5.2% to end the day at Rs 335.40. ONGC, Bharti Airtel, M&M, BPCL are the top gainer.HDFC, ITC, Vedanta and Tata Steel, down by 2-3 percent  and L&T, Reliance Industries, SBI, Axis Bank, HUL, Infosys, ITC and Tata Motors with around a 1 percent loss. Sensex slips over 300 points, Top gainers and losers are:

MARKET SUMMARY FOR 22 MAY 2015

CALLS GIVEN ON 21 MAY 2015

IDEA CALL ROCKS..!!!!! ACHIEVED TGT 166 AND MADE A LOW OF 165.50 TOTAL PROFIT 10000 IN JUST ONE LOT

FUTURE:

“BUY SUNPHARMA ABOVE 1000 TGT 1025 SL 975”

“BUY MINDTREE ABOVE 1450 TGT 1500 SL 1400”

The Sensex rallying 148 points on Friday to 27957.50, and the Nifty up 38 points to 8459. Sensex ends 148 points higher; Nifty above 8450; SBI loses steam on higher restructured loans. The stock markets closed at their 4-week highs, with the benchmark Sensex ending the day with gains of 148 points. The broader Nifty added 38 points to finish off at 8,459, as investors appear to be buying equities on comfort that the RBI may ease rates in June, while the US Federal Reserve may not raise rates any time soon.Top Gainers are Sun Pharma(2.3%); HDFC(1.9%); TCS(1.7%) and Top Losers are Wipro (-1.2%); Hindalco (-1.1%); Vedanta (-0.9%)
TODAY RESULTS

MARKET SUMMARY FOR 21 MAY 2015

CALLS GIVEN ON 20 MAY 2015

TCS CALL ROCKS..!!!!! ACHIEVED TGT 2580 AND MADE A HIGH OF 2587

FUTURE:

                                                         “BUY WIPRO ABOVE 566 TGT 573 SL 560”         

“SELL IDEA BELOW 171 TGT 166 SL 175”

Nifty falls 2.25 points or 0.1% and ends at 8421, Sensex ended down 27.86 points at 27809,top gainers are  Bajaj Auto ,Coal India, Axis Bank, L&T, Sun Pharma and HUL . and top losers included, are Tata Steel, Vedanta, Cipla, Tata Power, ITC, Bharti Airtel, ICICI Bank, NTPC, HDFC, Dr Reddy's, SBI, Maruti Suzuki and Infosys. The market ended on a tepid note. About 1180 shares advanced, 1513 shares declined and 182 shares were unchanged.

TODAY RESULTS:

MARKET SUMMARY FOR 20 MAY 2015

FUTURE:

“BUY TCS ABOVE 2570 TGT 2580 SL 2550”

“SELL WOCKPHARMA BELOW 1380 TGT 1350 SL 1350”

Nifty ends up 0.6%  at 8414, Sensex, which opened in the green on Wednesday,  Sensex up 192 pts on IT & bank support IT and bank stocks supported indices. Tata Power, TCS, and Wipro, HDFC Bank, RIL, Infosys, Hindustan Unilever, SBI, ICICI Bank, Sun Pharma, GAIL, Cipla, Bharti Airtel, Vedanta, NTPC, were top gainers in the Sensex. Among the losers were Bajaj Auto, Tata Steel, BHEL, Hindalco ,Axis Bank, Tata Motors, M&M, Dr Reddy's, Coal India, ONGC, and L&T. About 1362 shares advanced, 1336 shares declined, and 190 shares were unchanged.
TODAY RESULTS

Bharat Forge falls by 2.0%.and  Q4 net profit rises 71% to Rs 203 crore Total standalone income of the firm grew 32 % to Rs 1,223 crore in January March quarter of last fiscal from Rs 930 crore in the same quarter of 2013-14, it added. For the 2014-15 fiscal, the USD 2.5 billion Kalyani Group firm's standalone net profit jumped 80 percent to Rs 718  crore from Rs 399 crore in 2013-14. Its total standalone income rose 34 percent to Rs 4,548 crore from Rs 3,399 crore during the same period. On the performance front, Bharat Forge Operational performance during the year (FY15) was excellent, driven by productivity improvement, cost efficiency and sweating of assets.

Sectors	Change %	Top Gainer/losers Company
Finance	2.03 %	H D F C
IT - Software	1.93 %	Tech Mahindra
Cement	1.40 %	UltraTech Cem.
FMCG	1.28 %	Hind. Unilever
Refineries	0.95 %	Reliance Inds.
Power Generation & Distribution	0.94 %	Tata Power Co.
Non Ferrous Metals	-0.71 %	Hindalco Inds.
Automobile	-0.54 %	Bajaj Auto
Paints/Varnish	-0.46 %	Asian Paints
Pharmaceuticals	-0.22 %	Dr Reddy's Labs

TECHNICAL ANALYSIS OF ASIANPAINT FUTURE

The stock is showing correction since past few sessions and also sustaining above lower trend line support level. Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 803.Breakout of its resistance level may show recovery in it where traders can expect targets of 830 and 850 while major support of 710 can be placed as technical stop loss.

MOVING AVERAGE OF ASIAN PAINTS LTD

Current Share Price	766.75
Twenty Two Days	777.62
Fifty Days	803.00
Hundred Days	806.36
Two Hundred Days	733.64

FUTURE:

INTRADAY TARGET: BUY ASIANPAINT ABOVE 780 TGT 795 SL 765

POSITIONAL TARGET: BUY ASIANPAINT ABOVE 803 TGT 830/850

WEEKLY SUPPORT LEVELS: 748,728,673,618

WEEKLY RESISTANCE LEVELS:803,838,893,948

PROFIT SUMMARY FOR 19 MAY 2015