Associate of DOHA BANK
DOHA BROKERAGE
www.dbfsindia.com MORNING REPORT Friday, October 21st 2011
BSE Sensex 16936.89 -148.45 (-0.87%) NSE Nifty 5091.90 -47.25 (-0.92%)
Market Outlook: Global Indices
Indian equities are expected to open flat and trade in a
U S Market
range with negative bias. US markets gain yesterday, after EU
comments. France and Germany confirmed in a joint statement
that Euro zone leaders will discuss a solution at the summit on Close Change
Sunday. Asian markets are trading mixed Today.
DOWJONES 11541.80 +0.32%
NASDAQ 2598.62 -0.21%
*Asian Markets
NIKKEI 8675.60 -0.08%
SHANGHAI 2330.94 -0.02%
HANG SENG 18005.30 +0.12%
KOSPI 1824.39 +1.07%
*As on 8:00 am
Support & Resistance Levels
Technically Nifty has an intraday resistance at 5116 & 5140 SENSEX NIFTY NIFTYF
levels and support is seen at 5051 & 5010 levels. The SGX Nifty
is trading up by 2.50 points at 5108.00 (8:20 am). The outlook
R1 17017.64 5115.95 5133.23
of the market is Neutral today. Next target for bulls are seen at
5180 levels. A good support is seen at 4920 levels. FII’s were
net Sellers worth Rs.472 Cr on yesterday. R2 17098.38 5140.00 5161.02
Results today: Pivot 16881.31 5074.95 5083.22
Alfa Laval, Arvind, Asian Paints, Federal Bank, Finolex Inds,
Foseco India, Geometric, GIC Housing, Godrej Cons, GODREJ S1 16800.57 5050.90 5055.43
PROP, Greaves Cotton, HT Media, Idea, Ingersoll Rand, JSW
Steel, Kansai Nerolac, Kirloskar Oil Engines, L&T, NIIT, Panacea S2 16664.24 5009.90 5005.42
Bio, parrys Sugar, RCF, Shoppers Stop, Supreme Inds, Tata
Metaliks, Texmaco, Thomas Cook, United Phos, Zensar Tech. Closing 16936.89 5091.90 5105.45
Corporate Action:
Globus spirit @ Dividend Rs.1.00 per share. Major currencies
HCL tech @ Dividend Rs.6.00 per share.
Currency OCT FUT RBI Ref -
Securities in F&O Ban period: Close Price Rate
Gitanjali, ABG Ship.
USD/INR 49.8875 49.7110
Currency Outlook: GBP/INR 78.7000 78.0860
Dollar may show a mixed trend today with some negative bias.
US Dollar index is likely to trade below 77 levels. The support EUR/INR 68.8500 68.0541
levels for USDINR OCT FUT is Rs.49.68 - 49.50 – 49.30 levels
JPY/INR 64.7000 64.7800
and resistance levels Rs. 49.90 – 50.20 – 50.40 levels.
Trading Activity as on 20th October 2011 (Figures in Crore)
Market Volume
FII Derivative Statistics Capital Market Market volume
Net Position NSE & BSE BSE 2580.57
Index Futures -609.92 FII -472.00
NSE Cash 9489.69
Index Options +3177.27 DII -125.27
NSE F&O 159182.05
Stock Futures -526.57 Put Call Ratio
Stock Options F&O Total : 1.04 Total 171252.31
+15.36
Pre-Market Calls (For intra day traders only) Gold Bees
CMP / ABV / Resistance 1 2539.57
Scrip Symbol B/S SL TGT
BLW
Resistance 2 2549.78
1 PFC 149.50 152.50-
Buy Above 151
154 Pivot 2524.78
2 SAIL Buy Above 107 106 108-109 Support 1 2514.57
3 INFY 2735 2774- Support 2 2499.78
Buy Above 2750
2800
Closing 2529.35
4 LOVABLE Buy Above 475 470 480-485
Important News Major Commodities
Exide Q2 profit plunges 76%.
Commodity Price % Change
Bajaj Auto Q2 earnings rise 6%.
Crude oil $ 86.60 -0.62%
UltraTech Q2 PAT jumps 2.41 times.
Gold $ 1626.60 +0.85%
Yes Bank Q2 earnings climb 33%. Silver $ 30.700 +1.38%
Biocon Q2 cons profit falls 4%.
TATA steel to invest additional 4.5 million Pound Markets Yesterday
in UK plant.
Yesterday Indian equities open in red and
SBI needs Rs 7900 Cr to maintain Tier 1 CAR. closed the day with substantial losses. Realty,
auto and capital goods were the biggest losers
Tata motors to $750 million Via ECB. today and housing finance companies also
tumbled on the news that there would not be
Double digit inflation Back a head of RBI rate any charges on pre-payment of housing loans.
review. IT was the lone sector that closed in the green.
ained only moderately. IT sector stocks gained
The market breadth was negative with
Prepayment Penalty ban hits stocks of Housing advances at 470 against declines of 934 on the
finance Companies. NSE. The top Nifty gainers were Tata Steel, HCL
Tech, Jindal Steel and Bharti Airtel while the
Hindware plans Rs 500 cr investment in gujurat biggest losers included HDFC, IDFC, DLF and JP
plant. Associates.
NIFTY 50 RESISTANCE AND SUPPORT LEVELS
RESISTANCE LEVELS SUPPORT LEVELS
R1 R2 R3 Pivot S1 S2 S3
ACC 1128.33 1136.67 1147.33 1117.67 1109.33 1098.67 1090.33
AMBUJACEM 155.43 157.27 158.43 154.27 152.43 151.27 149.43
AXISBANK 1143.97 1157.93 1179.87 1122.03 1108.07 1086.13 1072.17
BAJAJ-AUTO 1653.42 1704.13 1753.27 1604.28 1553.57 1504.43 1453.72
BHARTIARTL 393.90 398.90 405.85 386.95 381.95 375.00 370.00
BHEL 321.37 325.83 328.52 318.68 314.22 311.53 307.07
BPCL 649.07 658.03 667.07 640.03 631.07 622.03 613.07
CAIRN 296.33 300.67 303.73 293.27 288.93 285.87 281.53
CIPLA 290.57 292.48 294.97 288.08 286.17 283.68 281.77
COALINDIA 333.00 337.00 340.25 329.75 325.75 322.50 318.50
DLF 235.27 240.38 243.77 231.88 226.77 223.38 218.27
DRREDDY 1531.00 1539.70 1551.55 1519.15 1510.45 1498.60 1489.90
GAIL 425.13 428.27 433.03 420.37 417.23 412.47 409.33
GRASIM 2344.97 2372.93 2388.97 2328.93 2300.97 2284.93 2256.97
HCLTECH 417.97 422.93 431.92 408.98 404.02 395.03 390.07
HDFC 664.63 682.97 696.18 651.42 633.08 619.87 601.53
HDFCBANK 494.73 499.47 506.53 487.67 482.93 475.87 471.13
HEROMOTOCO 2057.50 2086.00 2116.25 2027.25 1998.75 1968.50 1940.00
HINDALCO 126.38 128.12 129.43 125.07 123.33 122.02 120.28
HINDUNILVR 335.23 337.57 341.33 331.47 329.13 325.37 323.03
ICICIBANK 886.38 895.07 903.18 878.27 869.58 861.47 852.78
IDFC 124.77 127.83 129.72 122.88 119.82 117.93 114.87
INFY 2773.48 2799.97 2842.93 2730.52 2704.03 2661.07 2634.58
ITC 206.32 207.58 208.67 205.23 203.97 202.88 201.62
JINDALSTEL 547.38 557.77 572.78 532.37 521.98 506.97 496.58
JPASSOCIAT 71.75 73.15 74.20 70.70 69.30 68.25 66.85
KOTAKBANK 476.70 480.40 487.80 469.30 465.60 458.20 454.50
LT 1392.27 1399.53 1410.07 1381.73 1374.47 1363.93 1356.67
M&M 813.97 828.73 842.47 800.23 785.47 771.73 756.97
MARUTI 1087.40 1098.60 1117.30 1068.70 1057.50 1038.80 1027.60
NTPC 172.53 174.02 176.28 170.27 168.78 166.52 165.03
ONGC 269.60 271.20 274.25 266.55 264.95 261.90 260.30
PNB 998.53 1015.37 1035.03 978.87 962.03 942.37 925.53
POWERGRID 99.70 100.40 100.90 99.20 98.50 98.00 97.30
RANBAXY 509.10 517.25 523.05 503.30 495.15 489.35 481.20
RCOM 75.95 77.15 78.10 75.00 73.80 72.85 71.65
RELIANCE 846.87 853.33 865.77 834.43 827.97 815.53 809.07
RELINFRA 410.83 415.67 420.53 405.97 401.13 396.27 391.43
RPOWER 86.17 87.23 88.07 85.33 84.27 83.43 82.37
SAIL 108.27 109.73 111.82 106.18 104.72 102.63 101.17
SBIN 1953.70 1973.50 2007.00 1920.20 1900.40 1866.90 1847.10
SESAGOA 212.88 217.12 220.23 209.77 205.53 202.42 198.18
SIEMENS 825.83 839.67 849.58 815.92 802.08 792.17 778.33
STER 118.70 121.30 123.50 116.50 113.90 111.70 109.10
SUNPHARMA 492.27 497.03 504.12 485.18 480.42 473.33 468.57
TATAMOTORS 184.52 186.38 188.27 182.63 180.77 178.88 177.02
TATAPOWER 99.50 101.50 102.95 98.05 96.05 94.60 92.60
TATASTEEL 448.33 456.32 468.73 435.92 427.93 415.52 407.53
TCS 1050.90 1057.30 1067.60 1040.60 1034.20 1023.90 1017.50
WIPRO 356.87 360.83 365.77 351.93 347.97 343.03 339.07
For queries: Contact: DBFS Research Department, Mobile: 9349778313 Email: research@dbfsindia.com,
Stock related: 0484 3060126, 3060000, Commodity related: 0484-3060169 Email: stockupdate@dbfsindia.com.
Disclaimer: This report is only for the information of our customers. Recommendations, opinions or suggestions are given with the
understanding that readers acting on this information assume all risks involved. The information provided herein is not to be constructed as
an offer to buy or sell securities of any kind. DBFS and/or its group companies do not assume any responsibility or liability resulting from
the use of such information.