Opening Bell 10-Aug

CS NIFTY FUTURES (AUG)  OVERVIEW:

TREND MIXED TO BEARISH

RES2:8710

RES 1:8670

SUP1:8550

SUP2:8505

  

CS BANK NIFTY FUTURES (AUGUST ) OVERVIEW:

TREND MIXED TO BULLISH

RES 2:19375

RES 1:19285

SUP1:18810

SUP2:18715

CS OPENING BELL:

NIFTY SPOT UP UP 5@8570

SENSEX UP  5@28240

BANK NIFTY FUTURES DOWN 25@18955

HAPPY TRADING

WWW.CAPITALSTARS.COM +917316790000

Closing bell 07- Aug-2015

CS CLOSING BELL:

NIFTY SPOT DOWN 17@8571

SENSEX DOWN 61@28236

BANK NIFTY FUTURES DOWN 99@18999

HAVE A NICE DAY!

WWW.CAPITALSTARS.COM +917316790000

DAILY NIFTY SMART MOVERS

SCRIPTS	PRICE		VOLUME             (IN 000’S)		PRE. CLOSE		CHANGE (%)	CHANGE (Rs.)
ONGC	283.60		9222.78		270.95		4.67	12.65
Tata Motors	392.80		10479.64		383.10		2.53	9.70
Vedanta	129.30		7243.83		126.60		2.13	2.70
BPCL	957.00		1796.51		938.60		1.96	18.40
Grasim Industries	3808.00		317.68		3752.15		1.49	55.8
DAILY NIFTY TOP LAGGARDS

SCRIPTS	PRICE	VOLUME (000’S)	PRE. CLOSE	CHANGE (%)	CHANGE (Rs.)
BHEL	266.50	19773.85	282.45	-5.65	-15.95
Coal India	413.20	7286.27	431.40	-4.22	-18.20
SBI	281.95	13290.18	289.05	-2.46	-7.10
Bank Of Baroda	185.70	6149.80	189.40	-1.95	-3.70
Asian Paints	900.20	1383.53	916.10	-1.74	-15.90

Corporate News 07- Aug-2015

• Bharti Airtel commercially launches 4G in 296 towns

Bharti Airtel has commercially launched 4G services in 296 towns across India it has also formed alliances with Flipkart and Samsung to support its 4G services – Positve.

• BHEL commissions 500 MW Thermal Unit at Vindhyachal STPS

Bharat Heavy Electricals Ltd (BHEL) has added one more coal-based power plant to the grid by successfully commissioning the 500 MW Unit-l3 of Vindhyachal Super

Thermal Power Station ( STPS), Stage-V of NTPC. The project is located irt  Vindhyanagar in Singrauli district of Madhya Pradesh.

                                                                                   

• Uflex to invest Rs550 crore in new plant at Sanand

Uflex to invest Rs550 crore in new plant at Sanand – positive read thru.The company is in the process of setting up a plant for packaging material for liquid products with a capital expenditure of Rs550 crore in the first phase. The project is proposed to be commissioned and operational by April 2017. The factory will produce approximately seven billion packs per year for liquid products such as energy drinks, milk and juices. About 90% of the output from this factory will cater to the domestic market.

• Maruti Suzuki aims to sell up to 5,000 units of S-Cross monthly

The Maruti Suzuki management has stated that they look to sell 4,000 – 5,000 units of the S-Cross on a monthly basis. View: The sales target as mentioned by the company looks ambitious. While the S-Cross is expected to do well n the initial months,  we expect the vehicle to settle at a lower run-rate after the demand settles down.

• Coal India will invest Rs13,900 crore for production

Coal India will invest Rs 13,900 crore to take its production to 908 million tonnes (MT) by 2020 – Positive for Coal India.

• Aviva plans to increase stake in Indian business to 49%

British insurer Aviva plans to raise its stake in its Indian joint venture with Dabur Invest Corp to 49 per cent, following Indian rule changes on foreign direct investment ( FDI). Aviva will raise its stake to the maximum level allowed for foreign companies up to 49%. Aviva is the fourth foreign insurer to have decided to raise stake in its local venture since amendments to the Insurance Act. Earlier, French insurer Axa, Japan's Tokio Marine and London-based Bupa had announced similar plans.

                                                                                                                                                                                                                                                     

• M&M positive surprise on margins; PAT beats est

Mahindra & Mahindra (M&M) Q1FY16 results: Positive surprise on margins due to sharp jump in profitability of tractor business; PAT beat estimates .M&M volumes continued to remain with the auto and tractor segment volumes declining by 2.7% and 16.4% respectively in Q1FY2016. Revenues for the quarter were lower by 3.9% YoY to Rs9,437 crore which was in-line with estimates.

• NTPC commissions 500MW Unit-1 of Vindhyachal STPS

NTPC announced that Unit - 1 of 500 MW of Vindhyachal Super Thermal Power Station, Stage has been commissioned on 06 August 2015. With this, the total installed capacity of Vindhyachal Super Thermal Power Station has become 4760 MW and the total installed capacity of NTPC group has become 45548 MW.

                                                   

• BHEL Q1 shocks; profit tanks 83%, EBITDA loss Rs 209 cr

Bharat Heavy Electricals (BHEL) disappointed street on Friday with first quarter profit falling 82.5 percent to Rs 33.9 crore compared to Rs 193.5 crore in the year-ago period, impacted by lower revenue and loss at operating level. The stock price lost more than 10 percent intraday.

Opening Bell 06-Aug-2015

CS NIFTY FUTURES (AUG)  OVERVIEW:

TREND MIXED TO BULLISH

RES2:8670

RES 1:8630

SUP1:8525

SUP2:8475

--------------------------------------

CS BANK NIFTY FUTURES (AUGUST ) OVERVIEW:

TREND MIXED TO BULLISH

RES 2:19275

RES 1:19205

SUP1:18915

SUP2:18855

---------------------------------------

CS OPENING BELL:

NIFTY SPOT UP 1@8567

SENSEX UP 20@28242

BANK NIFTY FUTURES DOWN 47@18967

HAPPY TRADING

WWW.CAPITALSTARS.COM 

+917316790000

CLOSING BELL 05-Aug

CS CLOSING BELL:

NIFTY SPOT UP 50@8567

SENSEX UP 152@28225

BANK NIFTY FUTURES DOWN 40 @19020

HAVE A NICE DAY!

WWW.CAPITALSTARS.COM +917316790000

DAILY NIFTY SMART MOVERS

SCRIPTS	PRICE		VOLUME             (IN 000’S)		PRE. CLOSE		CHANGE (%)	CHANGE (Rs.)
Bajaj Auto	2580.00		560.69		2511.90		2.71	68.10
Infosys	1085.65		2281.84		1057.25		2.69	28.40
Wipro	574.85		1035.84		559.85		2.68	15.00
ZeeL	413.90		3370.67		403.20		2.65	10.70
Lupin	1680.45		994.56		1640.50		2.44	39.95

DAILY NIFTY TOP LAGGARDS               

SCRIPTS	PRICE	VOLUME (000’S)	PRE. CLOSE	CHANGE (%)	CHANGE (Rs.)
SBI	284.45	9795.86	288.60	-1.44	-4.15
Bank Of Baroda	188.35	12570.35	191.05	-1.41	-2.70
Tata Motors	375.60	7918.31	380.75	-1.35	-5.15
Coal India	437.50	3350.60	443.40	-1.33	-5.90
Yes Bank	830.50	1278.74	841.65	-1.32	-11.15

Opening Bell 05-Aug-2015

CS NIFTY FUTURES (AUG)  OVERVIEW:

TREND MIXED TO BULLISH

RES2:8650

RES 1:8605

SUP1:8525

SUP2:8475

---------------------------

CS BANK NIFTY FUTURES (AUGUST ) OVERVIEW:

TREND MIXED TO BULLISH

RES 2:19275

RES 1:19195

SUP1:18960

SUP2:18860

----------------------------

CS OPENING BELL :

NIFTY SPOT UP 47@8562

SENSEX UP 162@28227

BANK NIFTY FUTURES UP 82@19142

HAPPY TRADING

WWW.CAPITALSTARS.COM +917316790000

Nifty and Bank Nifty Levels For Today

Nifty levels:  

Nifty spot close @8609

Nifty future close @8631

Today’s view on Nifty

Good and strong recovery, midcap is outperforming the index, buying opportunity on dips more bullish move ahead.  

Bank Nifty levels:  

Bank nifty spot close @19094

Bank nifty future close @19159

View on Bank nifty  

Fresh buying seen in intraday trade, be cautious, we may see little profit booking, so make fresh buy only on dips. So keep buy we may see 19300-19400 level.

MARKET COMMENTERY

Auto stocks and index heavyweights ITC and Infosys led gains for benchmark indices on the last trading session of the week today, 17 July 2015. Benchmark indices registered minuscule gains. The intraday movement for the benchmark indices was within a narrow range. The barometer index, the S&P BSE Sensex, was provisionally up 28.09 points or 0.1% at 28,474.21. The market breadth indicating the overall health of the market was positive. In overseas markets, Chinese shares recovered further after a series of government support measures to halt their recent crash.

STOCK BUZZ

1. MindTree said that the Board of Directors of the company has approved the acquisition of 100% equity interest in Bluefin Solutions ('Bluefin'), a leading UK based IT solutions provider specializing in SAP HANA solutions, in an all cash transaction for GBP 42.3 million, and the definitive agreements have also been signed on 16 July 2015. The considerations include an upfront payment of GBP 34 million and earn out of GBP 8.3 million payable over the next three years.

2. IT stocks edged higher on renewed buying. Tech Mahindra (up 2.48%), TCS (up 0.86%), Oracle Financial Services Software (up 0.68%), MphasiS (up 0.91%) and Infosys (up 1.53%), edged higher. Wipro (down 0.57%) and HCL Technologies (down 0.16%) declined.

HOT PURSUIT

1. Meanwhile, the India's weather office, the India Meteorological Department (IMD), said in a weekly monsoon report issued yesterday, 16 July 2015, that rainfall was below normal by 14% over the country as a whole during the period from 9 to 15 July 2015. Region wise, the rainfall was 39% below the Long Period Average (LPA) in South Peninsula, 32% below the LPA in Central India and 15% below the LPA in East & Northeast India during the period from 9 to 15 July 2015. Northwest India received above normal rainfall activity during the week with heavy to very heavy rainfall. The rainfall was 28% above the LPA in Northwest India during the period from 9 to 15 July 2015.

2. The European Central Bank (ECB) yesterday, 16 July 2015, increased emergency funding for Greek lenders, although capital controls will have to remain in place to avoid a run on the banks when they reopen on Monday, 20 July 2015. European Union finance ministers also approved 7 billion euros ($7.6 billion) in bridge loans to Greece, allowing it to make a bond payment to the ECB on Monday, 20 July 2015, and clear its arrears with the International Monetary Fund. Greece's parliament yesterday, 16 July 2015, approved tough austerity measures needed for the country to receive financial aid.

OPTION STRATEGY

1. In today’s session we have seen call buying in nifty 8400 call so we can consider this as a strong support.

2. AMBUJA 250 & 260 CALLS were so active, stock is really in bullish move more rally is expected up to 260. 

3. ONGC 280 PUTS were in action today, stock showed us short position from upper level, more selling below 300. 

STOCKS TO WATCH

CROMPTON GREVES:

Buy CROMPTON GREVE above 186 stocks may show 210/220 in coming days, Below 186 major support will be 175.

ITC:

Buy ITC as remain above 314 we may see some good move. Buy only above 314.

TATAMOTOR: 

Buy TATAMOTOR as remain above 395 stock may show 410/415 level in coming days, below 395 major support 382.

TOP PICKS OF THE DAY

1. BUY RELIANCS ABOVE….? TGT…..?STOP LOSS……?

2. BUY ICICI BANK ABOVE…..?...TARGET….?..STOPLOSS…?

3. SELL VOLTAS BELOW….? STOCK MAY SHOW 290/280 LEVEL IN COMING DAYS WITH STOP LOSS…?