20th JULY

2015

Good morning to all

CAPITALSTARS INVESTMENT ADVISORS

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MARKET SNAPSHOT
SYMBOL

OPEN

HIGH

LOW

CLOSE

CHANGE

NIFTY

8623

8642

8593

8609

0.02%

SENSEX

28480

28576

28417

28468

0.06%

Nifty levels:
Nifty spot close @8609
Nifty future close @8631
SYMBOL
NIFTY SPOT
NIFTY
FUTURE

S1
8489
8567

S2
8480
8510

PIVOT
8559
8607

R1
8567
8659

Todays view on Nifty

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R2
8628
8692

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

SYMBOL
BANKNIFTY
SPOT
BANKNIFTY
FUTURE

S1
19032

S2
18970

PIVOT
19130

R1
19192

R2
19290

19063

19017

19188

19216

19307

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View on Banknifty

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
Market Commentary

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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
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.
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
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.

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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.
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
In todays session we have seen call buying in nifty 8400 call so we can consider this as a
strong support.
AMBUJA 250 & 260 CALLS were so active, stock is really in bullish move more rally is
expected up to 260.
ONGC 280 PUTS were in action today, stock showed us short position from upper level,
more selling below 300.

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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

BUY RELIANCS ABOVE.? TGT..?STOP LOSS?
BUY ICICI BANK ABOVE..?...TARGET.?..STOPLOSS?
SELL VOLTAS BELOW.? STOCK MAY SHOW 290/280 LEVEL IN COMING
DAYS WITH STOP LOSS?
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OUR EXECUTIVES

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