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145
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28 MARCH 01 APRIL 2016
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MARKET GOSSIPS

Market caps fourth weekly climb, FIIs remains net

buyers; Nifty settled above 7700 mark.
Metal stocks shine in volatile session; SAIL,
Hindalco gains.
Sugar stocks continue to rise, Dalmia Bharat Sugar
gains.
Mindtree to pay 4th interim dividend of Rs.2/share;
stock tanks.
Glenmark Pharma received nod from USFDA for
Raloxifene HCl tablets.
ITC buys Technico Agri Sciences; stock end on flat
to positive news.
Hindalco gains nearly 5 percent after stock ratings
upgrade.
Polaris ends in red as Virtusa Corp floats open offer
to purchase stake.

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NIFTY WEEKLY

Support & Resistance

CLOSE

S2

S1

CRUCIAL POINT

R1

R2

7736.30

7430

7620

7900

7840

8000

Weekly market view

Markets extended the bull rally of last three weeks in this fourth week also
on back of overall buying in stocks with Banking stocks surging on hopes of
rate cut in coming RBI Policy in April and foreign inflows also helped the
indices to settle in green gaining approx 1.5%. Nifty future on weekly charts
surpassed the important resistance of 7620 and closed above it. Now, it is
marching towards the upper band of channel pattern i.e. around the
resistance of 7900. On lower side, 7620 will again act as crucial point but this
time it will act as major support for the index. Coming week is expected to be
volatile due to March F&O Expiry.

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Indices Change
INDEX

VALUE

PTS

SENSEX

25337

385

1.51

NIFTY

7716

112

1.45

BANK NIFTY

15887

233

1.46

INDIA VIX

16.34

-0.04

-0.24

FII

DII

DATE

(Figures are in Rs. cr.)

(Figures are in Rs. cr.)

21-MARCH-16

1396.33

-618.77

22-MARCH-16

1095.44

-930.37

23-MARCH-16

976.91

-1022.58

24-MARCH-16

25-MARCH-16

Top Nifty Losers ( Weekly)

Top Nifty Gainers (Weekly)

422.00

P.
Close
367.20

14.92

VAKRANGEE

193.70

219.50

11.75

63.10

55.40

13.90

LUPIN

1524.50

1726.60

11.71

JUST DIAL

739.85

658.25

12.40

TORRENT POW

217.75

234.95

7.32

INDIACEM

86.00

76.80

11.98

RAJESH EXPORT

602.60

648.50

7.08

NCC

77.60

69.40

11.82

POLARIS

199.15

214.25

7.05

Scrip

JUBILANT

Price

L&T FIN

STOCK

Scrip

Price

CALLS OF THE COMMENTS

WEEK

CHENNPETRO(EQ)

BUY

ABOVE 209.50 TARGETS 214-219 SL 202.

MCLEODRUSS(EQ)

BUY

ABOVE 184 TARGETS 188.20-190.50 SL 180.50.

LAST UPDATE

HEROMOTOCO FUT BUY CALL SL TRIGGERED.

LAST UPDATE

HINDALCO EQ BUY CALL FINAL TARGET ACHIEVED.

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P. Close

WEEKLY
PICK
NIFTY FUT.

TECHNICAL VIEW

ICICIBANK EQ HAS BEEN TRADING AROUND THE TREND LINE ACTING AS

RESISTANCE AND POSITIVE BREAKOUT IS EXPECTED ABOVE IT.
BUY ABOVE 236.25 TARGETS 243-250. MAINTAIN SL OF 227.

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