Good morning to all

14th OCTBER 2015

CAPITALSTARS INVESTMENT ADVISORS

OCT. 2015

W
W
W
.
C
A
P
I
T
A
L
S
T
A
R
S
.
C
O
M

www.capitalstars.com | CapitalStars Research

MARKET SNAPSHOT
SYMBOL

OPEN

HIGH

LOW

CLOSE

CHANGE

NIFTY

8121

8150

8088

8131

-0.15%

SENSEX

26874

26918

26719

26846

-0.21%

Nifty levels:
Nifty spot close @8131
Nifty future close @8130
SYMBOL
NIFTY SPOT
NIFTY
FUTURE

S1
8096
8094

S2
8061
8059

PIVOT
8123
8128

R1
8158
8163

Todays view on Nifty

www.capitalstars.com | CapitalStars Research

R2
8185
8197

Selling opportunity only below 8000 level, before that every dip will be a buying
opportunity.

Bank Nifty levels:

Banknifty spot close @17554
Banknifty future close @17599

www.capitalstars.com | CapitalStars Research

SYMBOL
BANKNIFTY
SPOT
BANKNIFTY
FUTURE

S1

S2

PIVOT

R1

R2

17474

17394

17553

17633

17712

17510

17421

17599

17688

17777

View on Banknifty

Selling opportunity below 17700, we may see 17400/17350 level, above 177700 we may
see 17850 as a strong resistance level.

www.capitalstars.com | CapitalStars Research

Market Commentary
MARKET COMMENTERY
A divergent trend among various index constituents led to small losses for key benchmark
indices in what was a volatile trading session. The barometer index, the S&P BSE Sensex,
fell 59.28 points or 0.22% to 26,844.83, as per the provisional closing data. The 50-unit
CNX Nifty dropped 11.90 points or 0.15% at 8,131.70, as per the provisional closing data.
Intraday recovery in index heavyweights HDFC and Reliance Industries (RIL) helped the
Sensex and the Nifty trim losses after both these indices hit their lowest level in more
than a week in mid-afternoon trade.

STOCK BUZZ
Metal and mining stocks witnessed a mixed trend after weak Chinese trade
data. Tata Steel (down 2.59%), Vedanta (down 2.93%) and Hindalco Industries
(down 3.21%) edged lower. Hindustan Zinc (up 3.48%), Jindal Steel & Power
(up 1.93%), National Aluminium Company (up 1.63%), JSW Steel (up 1.33%),
NMDC (up 0.15%) and Steel Authority of India (up 0.09%) edged higher. China
is the world's largest consumer of steel, copper and aluminum.
Shares of oil exploration and production (E&P) firms dropped along with
decline in crude oil prices. ONGC (down 3.68%), Cairn India (down 1.85%) and
Oil India (down 0.1%) declined. Lower crude oil prices will decrease
realizations from crude sales for oil exploration firms.

www.capitalstars.com | CapitalStars Research

HOT PURSUIT
Infosys lost 2.35% at Rs 1,096.10, with the stock extending previous trading
session's decline triggered by the company lowering its full year revenue growth
guidance in dollar terms at the time of announcement of Q2 September 2015
results. The stock had fallen 3.88% to settle at Rs 1,122.50 yesterday, 12 October
2015. Infosys now expects its revenue to grow 6.4%-8.4% in dollar terms for the
year ending 31 March 2016 (FY 2016). At the time of announcing Q1 June 2015
results, Infosys had forecast revenue growth of 7.2%-9.2% in dollar terms for FY
2016. The revenue growth guidance for FY 2016 has been kept unchanged at 10%12% in constant currency terms.

On the macro front, the latest data showed acceleration in consumer price inflation
in September 2015, mainly due to increase in vegetable prices. Another data
showed that a surge in production of two items contributed to more than half of
the 6.4% increase in industrial production in August 2015. Inflation based on the
consumer price index (CPI) increased to 4.4% in September 2015 from with 3.7% in
August 2015. The core CPI inflation rose to 4.1% in September 2015 from 3.9% in
August 2015. Growth in industrial production (IIP) hit its highest level in almost
three years on the back a surge in the output of the manufacturing sector. Gems
and jewellery and rubber insulated cables contributed to more than half of the 6.4%
increase in industrial production in August 2015.

OPTION STRATEGY
In todays session we have seen callbuying in 8100 and 8200 strike price, we may see 8200 as a
strong resistance level in coming days.
DRREDYS 4200 and 4300 calls were so active we may see buying as remain above 4200.
IDEA 160putswere so active today, we may see more selling below 160.

www.capitalstars.com | CapitalStars Research

STOCKS TO WATCH

MARUTI:
SELL MARUTI AS REMAIN BELOW 4300 WE MAY SEE 4200/4100 IN COMING DAYS.

ONGC:
Buy ONGC above 250 level we may see 270/280, below 250 major support will be
242.

AMBUJA CEM:
Sell AMBUJA as remain below 215 we may see 205/195 level in coming days.

Top PICKS OF THE DAY

HINDALCO ABOVE.? TGT..?STOP LOSS?
SELLICICI BANK BELOW..?...TARGET.?..STOPLOSS?
SELL ONGC BELOW.? STOCK MAY SHOW 190/210 LEVEL IN COMING DAYS
WITH STOP LOSS?
GET SOME MORE TIPS
Free Stock Tips , Free Share Market Tips , Free Stock Market Tips , Free
Commodity Tips , Stock Market Tips , Equity Trading Tips , Share Market Live ,
Intraday Trading Tips , share Market Tips

FOR DETAIL LEVELS YOU CAN SUBSCRIBE OUR SERVICES OR TALK TO OUR
EXECUTIVES

For more detail

Give missed call on 0731 6669900, or mail us at
www.capitalstars.com | CapitalStars Research

backoffice@capitalstars.in

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.
Use of this report in no way constitutes a client/advisor relationship, all information we communicate to
you (the subscriber) either through our Web site or other forms of communications, are purely for
informational purposes only.
We recommend seeking individual investment advice before making any investment, for you are
assuming sole liability for your investments. Capital Stars will in no way have discretionary authority
over your trading or investment accounts.
All rights reserved.

www.capitalstars.com | CapitalStars Research