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13th AUGUST

2015

Good morning to all

CAPITALSTARS INVESTMENT ADVISORS

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MARKET SNAPSHOT
SYMBOL

OPEN

HIGH

LOW

CLOSE

CHANGE

NIFTY

8445

8446

8337

8349

-1.13%

SENSEX

27880

27883

27479

27512

-1.27%

Nifty levels:
Nifty spot close @8349
Nifty future close @8368
SYMBOL
NIFTY SPOT
NIFTY
FUTURE

S1
8308
396

S2
8268
8324

PIVOT
8377
8426

R1
8417
8498

Todays view on Nifty

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R2
8486
8528

Selling opportunity on rise, sell as remain below 8550 we may see 8400-8350 level in
coming days. Above 8550 we may see some fresh buying and it may touch 8600-8650
level.

Bank Nifty levels:


Bank nifty spot close @18059
Bank nifty future close @18153

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SYMBOL
BANKNIFTY
SPOT
BANKNIFTY
FUTURE

S1
17887

S2
17720

PIVOT
18201

R1
18368

R2
18682

17964

17776

18283

18470

18788

View on Bank nifty

Banknifty selling opportunity below 18200 we may see 17900/17600 level in coming days.
Major resistance zone will be 18300-18350.

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Market Commentary
MARKET COMMENTERY
Metal, mining and oil stocks led losses as key equity benchmark indices tumbled amid a
sharp slide in global stocks. The barometer index, the S&P BSE Sensex, hit two-week low
and the 50-unit CNX Nifty hit its lowest level in more than two weeks as these two key
benchmark indices extended intraday losses in late trade. The market sentiment was also
hit adversely after opposition parties once again stalled a discussion on the goods and
services tax (GST) bill in the Rajya Sabha. The Sensex was provisionally off 348.48 points or
1.25% at 27,517.61. The broad market depicted weakness. There were more than three
losers against every gainer on BSE. The BSE Mid-Cap index lost 2.49%. The BSE Small-Cap
index was down 2.13%. The decline in both these indices was higher than the Sensex's
drop in percentage terms.

STOCK BUZZ
NMDC dropped after reporting weak Q1 results. The stock fell 3.01% to Rs 99.90.
The stock hit a low of Rs 98 in intraday trade, which is a 52-week low for the stock.
The company reported 47.25% fall in net profit to Rs 1010.12 crore on 48.04% fall in
total income from operations (net) to Rs 1806.43 crore in Q1 June 2015 over Q1 June
2014. The result was announced after market hours yesterday, 11 August 2015.

Coal India declined 5.26% on reports that the Union Cabinet may consider a proposal
for divestment of 5-10% stake in Coal India at a meeting scheduled today, 12 August
2015. Government of India (GoI) currently holds 79.65% stake in Coal India. The
government had last sold a 10% stake in Coal India on 31 January 2015. Meanwhile,
Coal India is scheduled to announce its Q1 June 2015 results today, 12 August 2015.

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HOT PURSUIT
Meanwhile, the sentiment on the stock market was also hit adversely after
opposition parties once again stalled a discussion on the goods and services tax
(GST) bill in the Rajya Sabha. Members of the Congress party yelled slogans in the
well of the Rajya Sabha, leading the speaker to adjourn the proceedings of the
upper house for the day. With the monsoon session of the Parliament slated to
conclude tomorrow, 13 August 2015, the prospects of the GST bill getting approved
by the Rajya Sabha are bleak. Failing to approve the GST bill in this session will
make it hard for the government to meet a self-imposed deadline to implement a
nationwide GST from 1 April 2016.
Meanwhile, the sentiment on the stock market was also hit adversely after
opposition parties once again stalled a discussion on the goods and services tax
(GST) bill in the Rajya Sabha. Members of the Congress party yelled slogans in the
well of the Rajya Sabha, leading the speaker to adjourn the proceedings of the
upper house for the day. With the monsoon session of the Parliament slated to
conclude tomorrow, 13 August 2015, the prospects of the GST bill getting approved
by the Rajya Sabha are bleak. Failing to approve the GST bill in this session will
make it hard for the government to meet a self-imposed deadline to implement a
nationwide GST from 1 April 2016.

OPTION STRATEGY
In todays session we have seen call writing in 8500 strike price, we may see 8500 as a strong
resistance level in coming days.

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KOTAK BANK 700 and 720 calls and puts were so active, we may see some profit booking from
upper level.

TATASTEEL 250/240 puts were so active today, we may see more selling as remain below 250.

STOCKS TO WATCH
TECHM:
Buy TECHM above 550 stock may show 570-580 level in coming days, below 550
major support will be 535.

MOTHERSONSUMI
Buy stock above 350 stock may show 365/370 level, remain below 350 more down
side is expected.

UNIONBANK:
Buy UNIONBANK above 201 for the target of 218/224 in coming days, keep buy on
dips.

Top PICKS OF THE DAY


BUY M&M ABOVE.? TGT..?STOP LOSS?
SELL ICICI BANK BELOW..?...TARGET.?..STOPLOSS?
SELL VOLTAS BELOW.? STOCK MAY SHOW 290/280 LEVEL IN COMING DAYS
WITH STOP LOSS?
FOR DETAIL LEVELS YOU CAN SUBSCRIBE OUR SERVICES OR TALK TO OUR
EXECUTIVES

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For more detail


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