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Good morning to all

19th OCTBER 2015

CAPITALSTARS INVESTMENT ADVISORS

OCT. 2015

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MARKET SNAPSHOT
SYMBOL

OPEN

HIGH

LOW

CLOSE

CHANGE

NIFTY

8193

8246

8147

8238

0.72%

SENSEX

27062

27239

26917

27214

0.76%

Nifty levels:
Nifty spot close @8238
Nifty future close @8262
SYMBOL
NIFTY SPOT
NIFTY
FUTURE

S1
8174
8186

S2
8111
8111

PIVOT
8210
8226

R1
8273
8301

Todays view on Nifty

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R2
8309
8341

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

Bank Nifty levels:


Banknifty spot close @17912
Banknifty future close @18002

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SYMBOL
BANKNIFTY
SPOT
BANKNIFTY
FUTURE

S1

S2

PIVOT

R1

R2

17681

17450

17814

18045

18178

17749

17496

17879

18132

18262

View on Banknifty

Fantastic recovery from lower level, we may see 18250-18500 level in coming days, no sell
only buy on dips.

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Market Commentary
MARKET COMMENTERY
Gains in private sector banks, auto stocks and index heavyweights L&T, HDFC and
Reliance Industries (RIL) helped key benchmark indices register decent gains. The
barometer index, the S&P BSE Sensex, surged 214.56 points or 0.79% at 27,224.70, as per
the provisional closing data. The 50-unit CNX Nifty rose 58.65 points or 0.72% at 8,238.15,
as per the provisional closing data. The two key benchmark indices witnessed a sudden
surge during the latter part of the trading session after languishing in red until about
14:00 IST. The Sensex provisionally settled above the psychological 27,000 level. Earlier,
the Sensex had fallen below that level after initial slide. The Sensex had finished a tad
above the psychological 27,000 level yesterday, 15 October 2015, after registering decent
gains.

STOCK BUZZ
Among PSU banks, IDBI Bank (up 3.3%), State Bank of India (up 3.19%), United
Bank of India (up 0.67%), Syndicate Bank (up 0.21%), Punjab National Bank
(up 0.69%) and Corporation Bank (up 0.33%) gained. Canara Bank (down
0.18%), Bank of Baroda (down 0.53%) and Union Bank of India (down 1.38%)
declined.
Shares of public sector oil marketing companies (PSU OMCs) edged higher
after raising diesel prices. BPCL (up 1.96%), HPCL (up 2.17%) and Indian Oil
Corporation (IOCL) (up 1.46%) gained. IOCL has announced increase in the
retail selling price of diesel by 95 paise per litre at Delhi (including state levies)
with corresponding price revision in other states. With the latest revision, the
price of diesel in Delhi stood at Rs 45.90 per litre.

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HOT PURSUIT
Meanwhile, data released by the government after market hours yesterday, 15
October 2015, showed that India's merchandise exports declined for tenth straight
month in September 2015. Merchandise exports dropped 24.3% to $21.85 billion in
September 2015 over September 2014. Imports dipped 25.4% to $32.32 billion. The
trade deficit narrowed 27.6% to $10.5 billion in September 2015 from $14.47 billion
in September 2014.

Positive lead from overseas markets aided the up move on the domestic bourses.
European stocks edged higher after a lackluster reading on US consumer prices
strengthened the view that the US Federal Reserve may continue to hold off on
raising interest rates during the remaining part of the calendar year 2015. In Asia,
Chinese and Japan stocks edged higher on stimulus hopes in those countries in the
wake of recent weak economic data. US stocks surged yesterday, 15 October 2015,
as falling US consumer prices added to the batch of disappointing economic data
that reduces the odds of an interest-rate increase this year from the Federal
Reserve.

OPTION STRATEGY
In todays session we have seen callbuying in 8000 and 8100 strike price, we may see 8200 as a
strong support 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.

STOCKS TO WATCH
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TATAMOTORS:
BUY TATAMOTORS AS REMAIN ABOVE 370 WE MAY SEE 400/410 LEVEL 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?
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