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WEEKLY
STOCKS REPORT

RBI Rate Hike Overlooked - Bulls Tighten Their Grip !!


29th March 2010 to 03rd Apr 2010
Stocks Weekly Report
29th March to 03rd Apr 2010
RESEARCH

WEEK WRAP
The 30-share BSE Sensex closed at 17,644.76, up 85.91 points or 0.49% Values
and the Nifty rose 21.60 points or 0.41% to settle at 5282. The Nifty
NIFTY Properties
April future ended at 10 points premium, as per provisional data.
Weekly Open 5200.30
Banking & financial companies' shares were quite supportive today; HDFC,
HDFC Bank, SBI and ICICI Bank were up 1-1.5%. Axis Bank was the second Weekly Low 5180.00
top gainer on the Nifty, rose 3.33%,

In the telecom space, however, Bharti Airtel & Reliance Communications


Weekly High 5309.00
were down 1.35% and 0.7%, respectively. Idea Cellular was up just 0.2%.
Weekly Close 5296.95
HUL from the FMCG segment rose 2.8% while ITC was flat. Small
contenders' weightage wise like cement and select pharma helped the
benchmark index. ACC, Grasim and Ambuja Cements gained 0.6-1%. In
Weekly Chg% +1.85%
the healthcare space, Sun Pharma and Ranbaxy Labs gained over 1% while
Cipla declined 1% on profit booking. Weekly Chg Points +96.65

On the global front, Asian markets were supportive today. Shanghai, Hang
Seng and Nikkei went up 1.3-1.5%. Jakarta, Straits Times, Kospi and
Taiwan gained 0.5-0.6%. However, European markets were marginally in
red, at the time of closing of Indian equities. World Close Weekly Chg % CHG
Indices Points
ASIAN & EMERGING MARKET
Asian stocks fell this week for the first time in five weeks on concern the Sensex 17578.23 +66.63 +0.37%
region's central banks will boost efforts to curb inflation and that
European Union leaders will fail to agree on an aid package for Greece. Nifty 5296.95 +96.65 +1.85%
Japan's 10-year bonds dropped, completing a fourth weekly lozss, as the
yen's slide to its lowest since January bolstered exporter stocks.
DOW Jones 10850.36 +108.38 +1%

China's banking regulator ordered lenders to guard against real-estate Shanghai Com. 3059.72 -8.03 -0.26%
loan risks to help curb property bubbles, according to a statement on the
government's Web site. Nikkei 10996.37 +171.28 +1.58%
The iShares MSCI South Korea Index Fund fell as much as 1.6 percent in
CAC 40 3988.93 +63.49 +1.61%
New York and trading of bearish options surged to a record as a South
Korean naval vessel sank near the border with North Korea.
FTSE 5703.00 +52.09 +0.92%
India's stocks will withstand the withdrawal of stimulus measures and
extend last year's rally, the biggest in 18 years, as domestic spending
strengthens, said Prudential Financial Inc. US MARKET
India's stocks rose, driving the benchmark index to its highest level in more U.S. stocks trimmed gains and Treasuries rose as concern that tensions
than two months, as investors bet economic growth will be sustained even between North and South Korea were escalating triggered a flight from
as the central bank withdraws stimulus measures. risky assets. Gold futures rallied 1 percent, the most in a week.
Industrial & Commercial Bank of China Ltd. Chairman Jiang Jianqing The fastest pace of economic growth in six years during the final three
moved to bolster capital after expanding lending by $161 billion last year, months of 2009 fueled a surge in corporate profits that may set the stage
almost equivalent to the gross domestic product of the Philippines. for job gains and a broadening of the U.S. recovery.

MICRO ECONOMIC FRONT American International Group Inc. completed the $500 million sale of its
PineBridge Investments fund manager to Pacific Century Group after
India's central bank said on Thursday it was imperative to curb inflationary
almost three months of delays, said two people with knowledge of the
pressures fuelled by increased capacity utilization and rising energy and
transaction
commodity prices.
The Federal Deposit Insurance Corp. said it will stop offering to absorb 95
India's infrastructure sector output <ININFR=ECI> grew 4.5 percent in
percent of losses for purchasers of failed banks, signaling the agency's
February from a year earlier, lower than an upwardly revised annual
optimism it will find more willing buyers as the U.S. economy improves
growth of 9.5 percent in January, government data showed on Friday.
Incomes climbed faster than gross domestic product in the fourth quarter,
India's M3 money supply <INM3MS=ECI> rose an annual 17.4 percent as
indicating the U.S. expansion is gaining more momentum than growth
on March 12, faster than 16.4 percent as on Feb. 26, the central bank said
estimates suggest.
on Friday.
Alan Greenspan disputed suggestions by his former central bank
India's central bank bought 600 million rupees of bonds and sold 630
colleague and current San Francisco Federal Reserve Bank President Janet
million rupees worth of debt in the week to March. 19, it said in its weekly
Yellen that the Fed could have headed off the housing bubble by raising
statistical supplement on Friday.
interest rates.
India's foreign exchange reserves <INFXR=ECI> fell to $278.193 billion as
on Mar. 19, from $279.708 billion a week earlier, the central bank said in
its weekly statistical supplement on Friday. www.capitalvia.com | 2
Stocks Weekly Report
29th March to 03rd Apr 2010
RESEARCH

Sectorial Indices
Indices Open High Low Close

BANK NIFTY 9171.20 9473.20 9066.70 9456.20


CNX NIFTY JUNIOR 10521.05 10697.80 10490.90 10691.45
S&P CNX 500 4273.35 4324.15 4268.20 4312.95
CN XIT 6086.25 6223.50 6085.15 6151.90
CNX MIDCAP 5260.95 5293.75 5187.05 5282.00
CNX 100 5161.10 5217.55 5118.95 5209.00

Gainers
Scrip Current Close Change Chg %
Piramel Life 146.95 80.00 83.68
Suven Life 34.85 24.85 40.24
Bal Pharma 34.95 25.05 39.52
Usha Mar Info 44.75 33.30 34.38
GKB Ophthalm 61.20 45.55 34.35

Losers
Scrip Current Close Change Chg %
Texmo Pipes 104.65 159.75 -34.49
Simbholisugr 45.90 57.55 -20.24
IB Real Esta 145.05 170.35 -14.85
Bhampur Sugr 49.35 57.65 -14.39
Dharni Sugr 49.35 57.65 -14.39

DII’s Investments
Indices Buy Value Sell Value Net Value

26-MAR-2010 1083.10 1154.40 -71.30

23-MAR-2010 464.20 763.90 -299.60

22-MAR-2010 508.30 867.80 -359.50

FII’s Investments
Indices Buy Value Sell Value Net Value
26-MAR-2010 5325.10 4231.10 1094.00
25-MAR-2010 2467.50 1982.00 485.50
23-MAR-2010 1992.90 1722.40 270.85
22-MAR-2010 2671.70 2278.20 393.5

www.capitalvia.com | 3
Stocks Weekly Report
29th March to 03rd Apr 2010
RESEARCH

WEEK AHEAD
Spot Nifty

Figure: 1 Nifty Weekly

TECHNICALS
NIFTY HOLDING THE LEVEL OF 5200 FROM FEW LAST
Properties Values
TRADING SESSIONS WHICH IS WORKING AS SHORT TERM
SUPPORT FOR NIFTY. IN THE UPSIDE IF NIFTY CLOSE ABOVE Support 1 5180
5310 IT COULD LAED TILL THE LEVEL OF 5370 IN SHORT
TERM.NIFTY COULD CONTINUE TO HOLD THE UP TREND Support 2 5090
FOR WHILE AND COULD BE IN THE BROAD RANGE OF
Resistance 1 5370
5250 TO 5370 IN FORTHCOMING WEEK.IN THE
DOWNSIDE THE SHORT TERM SUPPORT ZONE IS SEEMS TO Resistance 2 5550
BE AT THE RANGE OF 5180 TO 5200. CLOSING BELOW
COULD SLIP THE NIFTY TILL 5145 TO 5150.

www.capitalvia.com | 4
Stocks Weekly Report
29th March to 03rd Apr 2010
RESEARCH

WEEK AHEAD
Bank Nifty

Figure: 1 Bank Nifty Weekly

TECHNICALS
BANK NIFTY MADE THE STRONG UPSIDE BREAKOUT AND
Properties Values
ALSO MADE GOOD CLOSING. IN THE BANK NIFTY WE
MIGHT EXPECT THE MORE UPMOVES FROM HERE. IN THE Support 1 9295
UPSIDE IT COULD LEAD TILL THE LEVEL OF 9600 TO 9630 IN
THE UPCOMING WEEK. IN THE DOWNSIDE THE GOOD Support 2 9145
SHORT TERM SUPPORT BASE IS SEEMS TO BE AT THT
Resistance 1 9630
RANGE OF 9290 TO 9300.IN THE BANKING STOCKS WE
MIGHT EXPECT THE STRONG UPMOVES IN AXIS BANK Resistance 2 9710
AND ALSO IN SBI.

www.capitalvia.com | 5
Stocks Weekly Report
29th March to 03rd Apr 2010
RESEARCH

STOCK OF THE WEEK

Complete Details

ZEE
NEWS (NSE)

U Y
B

Symbol ZEE NEWS (NSE)

Company Name ZEE NEWS

Price Rs. 64.90

Change Rs. 1.25

Volume 769439

52 Week High 66.00

% From High -1.2%

Day High 65.35

% o f D AV 210%

EPS 2.12

www.capitalvia.com | 6
Stocks Weekly Report
29th March to 03rd Apr 2010
RESEARCH

KEY STATISTICS
WHY CAN SLIM?

C Current Quarter Earning per Share. The Higher The Better.



Primary Factors Jumped almost 15.74% CAN SLIM is a formula created by
QoQ Earnings. William J. O'Neil, who is the founder of
the Investor's Business Daily and author
Source: sihl.in
of the book How to Make Money in

A Annual Earnings Increases: Look for a significant growth.


Stocks - A Winning System in Good
Times or Bad.

Primary Factors Annual Earnings showed a growth


of 19.65% YoY.

Each letter in CAN SLIM stands for one


N New Products, New Management, New Highs, Buying at
of the seven chief characteristics that
are commonly found in the greatest
Right Time. winning stocks. The C-A-N-S-L-I-M.
Primary Factors ZEE NEWS is near to its 52 week
high and chances to have a good
breakout.
characteristics are often present prior to
a stock making a significant rise in price,
S Supply and Demand: Shares Outstanding Plus Big Volume and making huge profits for the
shareholders!
Demand.
Primary Factors ZEE NEWS a mid cap stock
consisting of Rs. 1500 crores Shares
Outstanding.
(Total Public Shareholding) O'Neil explains how he conducted an
intensive study of 500 of the biggest
L Leader or Laggard: Which is your stock? winners in the stock market from 1953
to 1990. A model of each of these
Primary Factors ZEE NEWS a leading stock with a companies was built and studied. Again
relative strength above 66.75% in and again, it was noticed that almost all
Weekly and 64.85% in Daily. of the biggest stock market winners
had very similar characteristics just
before they began their big moves.
I Institutional Sponsorship: Follow the Leaders.

Primary Factors Approximately 27.46% Share held
by the Institutional Investors (FII’s,
Mutual Funds.)

M Market Direction

Primary Factors If Market continues to remain in a


secular uptrend, hence overall
conditions are appropriate to
initiate long position in the stock:
A Big plus for the Stock.

www.capitalvia.com | 7
Stocks Weekly Report
29th March to 03rd Apr 2010
RESEARCH

Technical Picture

Stock

TECHNICALS
Indices ZEE NEWS
STOCK IS TRADING VERY CLOSE TO THE UPSIDE
RESISTANCE OF 66 ABOVE IT WE MIGHT EXPECT THE
Support 60
UPSIDE MOMENTUM BUILT UP IN STOCK AND COULD
HAVE A UPSIDE RALLY. TECHNICAL INDICATORS LIKE RSI IS
ALSO INDICATING POSITIVE SIGNAL FOR THE STOCK. WE Resistant 66
RECOMMEND LONG POSITION IN STOCK ABOVE 66 FOR
THE TG OF 68/70 AND IF IT SUSTAIN ON THESE HIGH
LEVELS ONE COULD EXPECT THE HIGHER LEVEL OF 75 IN
STOCK.

www.capitalvia.com | 8
Stocks Weekly Report
29th March to 03rd Apr 2010
RESEARCH

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