Daily Report: When Money Matters

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 6

11/13/2018 Daily Report

When money matters


Market
Nifty 50 Index
Commentary
11/13/2018
Last hour selling dragged the
Indices to fall down some
ground with Nifty ended
below 10,500 level. Among
the sectors, the Nifty AUTO
index remained the major
contributor to fall as it
ended lower by more than
2.40 percent. Nifty PSU Bank
and Media index also ended
in red, while IT index ended
in green. At the close of
market hours, the Sensex
was down 345.56 points at
Bank Nifty Index
34812.99, while the Nifty
was down 103.00 points at
10,482.20. In Nifty 50 about
9 shares have advanced, 41
shares declined.
Titan, Techm, Tatasteel,
Kotak bank, HCL Tech are
the top gainers, while
Hindpetro, Tatamotors, IOC,
Heromoto, Hindalco lost the
most on the Nifty.
BankNifty seems to be more
down side and if it manages
to sustain and hold below
the 25800, there is a
possibility of the levels will
fall and drags towards 25450
and then 25370. Also,
Banknifty is trading below
50-DMA (25930)
Stock to Watch for Tuesday

GUJFLUORO

GUJFLUORO has a good consolidation with rounding positive pattern and has
given breakout of its recent resistance of 909 and post breakout it has given
closing price of 913 and now has shown indications for the formation of
rounding pattern. Going forward the price movement is expected above Rs
920. RSI has found crossover near 59.59 zone and has indicated a reversal to
maintain a positive buying.
Stochastic is also looking firm lending support to price
action. With the chart looking attractive and decent volume participation
witnessed, We have a buy recommendation for levels 910-915 target around
940-942 levels in last one-two days with stop loss 885.
Results Allahabad Bank. Apollo Tyres Ltd. Ashok Leyland Ltd. Bombay
13/11/18 Dyeing & Manufacturing Company Ltd. Glenmark Pharmaceuticals
Ltd. Grasim Industries Ltd. NCC Ltd. NMDC Ltd. Sun
Pharmaceuticals Industries Ltd. Tata Steel Ltd.
News Highlights:

 Bajaj Auto, India’s third largest two-wheeler maker, has revised the launch
plan of its iconic Husqvarna bike in India. The Pune-based maker of Pulsar
and Avenger range of motorcycles will now introduce fully imported
models of Husqvarna in India as part of its intensive brand building
measure even as smaller, locally-developed products get readied to hit the
market over the next six months.
 KTM and Bajaj had earlier planned to launch Husqvarna bikes in the Indian
market with two locally produced models. Both the Husqvarna models are
designed on the design language of ‘modern retro’.The maker of street
bikes and dirt bikes, Husqvarna is more than 100-year old Swedish brand
and enjoys an iconic status in Europe. The company is owned by Pierer
Industrie AG and led by Stefan Pierer, the Chief Promoter of Austria-
headquartered KTM. Bajaj Auto owns 48 percent equity stake in
KTM.Husqvarna will be an important addition to Bajaj's KTM portfolio. Last
year, there was a 21 percent jump in sales - to 197,612 units - of KTM
models made by Bajaj.
 The US Federal Reserve decided to keep the lending rate steady in its latest
policy meet in the current range of 2 percent to 2.25 percent.The US
Federal Reserve has held interest rates steady in the range of 2.0 to 2.25
percent on November 8, citing a healthy economy that was marred only by
a dip in the growth of business investment. The Fed has hiked rates three
times this year and is widely expected to do so again in December.
Disclaimer
The information and views in this report, our website & all the service we provide are believed
to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion.
Users have the right to choose the product/s that suits them the most.

Sincere efforts have been made to present the right investment perspective. The information
contained herein is based on analysis and up on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility

The information given herein should be treated as only factor, while making investment
decision. The report does not provide individually tailor-made investment advice. Money
CapitalHeight Research Pvt Ltd. recommends that investors independently evaluate particular
investments and strategies, and encourages investors to seek the advice of a financial adviser.
Money CapitalHeight Research Investment AdvisersPvt. Ltd. shall not be responsible for any
transaction conducted based on the information given in this report, which is in violation of
rules and regulations of NSE and BSE.

The metal’s price projections shown are not necessarily indicative of future price performance.
The information herein, together with all estimates and forecasts, can change without notice.
Analyst or any person related to Money CapitalHeightResearch Investment Advisers Pvt. Ltd.
might be holding positions in the stocks recommended. It is understood that anyone who is
browsing through the site has done so at his free will and does not read any views expressed
as a recommendation for which either the site or its owners or anyone can be held
responsible for . Any surfing and reading of the information is the acceptance of this
disclaimer.

All Rights Reserved.

Investment in Commodity and equity market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not
responsible for any loss incurred whatsoever for any financial profits or loss which may
arise from the recommendations above. Money CapitalHeight Research Investment Advisers
Pvt. Ltd. does not purport to be an invitation or an offer to buy or sell any financial
instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to
forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
which is received directly or indirectly by them. If found so then Serious Legal Actions can be
taken.
DAILY REPORT
When money matters

Money CapitalHeight Research Investment Advisers Pvt Ltd,


Plot No.21, II Floor, Usha Nagar Extension,
Near Ranjit Hanuman Temple,
Above State Bank of Patiala,

Please call our 24/7 Customer Care Support at:


Ph.: +91 - 896 2429 710.
Fax: +91 - 0731- 4252800
For Any Complain - complaint@capitalheight.com

You might also like