S2 Maarket Outloook 29th Jan 20115 NIF FTY SLIPS BEFORE 15 POIN NTS OF 9000; STOP S FOR LO ONG POSITION N NOW 8870 FO OR SHORT TE ERM TRADER RS AND 8825 FOR INTERMED DIATE TRADER RS; EXPECT VOLATILITY V AS TOMORRO OW IS F&O EX XPIRY. • • • Bank Nifty traded very choppy todayy. Prices havee made its hiigh above 209900 but did not n sustain thhere and closeed below 20500. The index has seen a raally of almostt 2300 in last 10 trading daays without any a correctionn. After suchh a big rally, prrices tend to consolidate c orr correct. We are expectingg a trading rannge at currentt levels. So itt is wise to takke profits from m long position n (if you havee any) and waait for some patterns p to be developed foor fresh tradinng opportunityy. CNX IT hass seen an up move m today. Now N the suppport comes at 11550. A cloose below thiss support willl tell us that thhe short term trend is now changes c to doownside. As of o now trend is up and wee should look for a buying opportunity in IT STOCKS S with small volume. v A cloose above thee resistance att 11900 may give us a buyying opportunnity with highher volume. Trend is dow wn in STEEL L sector. Pricees have seen a minor correection. That coorrection seem ms over now.. We may seee a decline in thhis sector. Sttocks in this sector are off ffering us a shhorting opporrtunity. JIND DALSTEEL iss consolidatinng inside a rangge. Avoid thiis stock for TR RADING. TA ATASTEEL and a SAIL is trading t insidee a range. A breakdown b maay give us a shhorting opporttunity in thesee two stocks. JSWSTEEL has seen a brreakdown from a bearish flag. f Look forr a short sellingg in this stock k. SCRIP LTP DESCRIPTION Bata India 1445 Trend is up in BATAINDIA. Prices have seen a minor correction and find support at 1430. Prices have begin an upside move from that support. We may see a rally in this STOCK. Buy this stock above 1450. If this trade executes then place your stop just below 1425 and a target near 1500. HeroMotoco 2864.50 HEROMOTOCO has seen a deep correction. Prices have find support near 2800. After that prices begin TRADING narrow. We may see a breakout in this stock. Buy this stock above 2880. If this trade executes then place your stop just below 2840 and a target near 2980 JSWSteel 992.45 Trend is down in JSWSTEEL. Prices have seen a minor correction. That correction has taken a shape of bearish flag. Prices have broken down from this pattern. We may see a decline. Sell this stock below 990. If this TRADE executes then place your stop just above 1005 and a target near 960. TCS 2533.40 Short Term Trend is up in TCS. Prices are consolidating. Inside this consolidation, prices are narrowing day by day. We may see a big up move in this stock. Buy this stock above 2550. If this TRADE executes then place your stop just below 2500 and a target near 2650. Key Dates • • FOMC meet on 30th Jan Monetary Policy on 3rd Feb 2015 Corporate News • Private refiners Reliance Industries Ltd and Essar Oil Ltd are competing with state refiners to sell diesel to Indian Railways, Indian Railways, the biggest client for diesel, consumes up to 2.5 million tonnes of the fuel each year. • The Food Ministry is in favour of extending export subsidy for only 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year • Suzuki Motor started construction of a manufacturing plant in Gujarat that Chairman Osamu Suzuki called the start of a "new era" for the Japanese carmaker. Suzuki plans to supply vehicles made at the factory to local unit Maruti Suzuki, a proposal that is staunchly opposed by some of the Indian company's minority shareholders. • After having entered the branded grapes segment last year, Rallis India, the cropcare company from Tata enterprise, along with group company Star Bazar will launch branded pomegranates in March. • The Cabinet Committee on Economic Affairs on Wednesday approved HDFC Bank's capital-raising plan that would result in an inflow of foreign investment worth Rs 10,000 crore. HDFC Bank's rights offer has been cleared on the condition that the total foreign holding in the bank will not exceed the 74% sectoral cap after issuing equity shares to non-resident Indians, foreign institutional and foreign portfolio investors. • The Cabinet Committee on Economic Affairs approved pharmaceutical major Lupin's proposal to raise the foreign institutional investment limit to 49% from 33% Source: Economics Times, Business Standard Board Meetings Scrip Name Purpose Meeting Date Scrip Name Purpose Meeting Date 3MINDIA Results 29-Jan-15 KOKUYOCMLN Results 29-Jan-15 AKZOINDIA Results 29-Jan-15 KOVAI Results 29-Jan-15 ARTIBIOIN Results 29-Jan-15 KREONFIN General Results 29-Jan-15 ASHOKLEY Results 29-Jan-15 LKPFIN Results/Div 29-Jan-15 ASHRAM General Results 29-Jan-15 MACKINN Results 29-Jan-15 ASIANPAINT Results 29-Jan-15 MICROSEC Results 29-Jan-15 ASSAPET Results 29-Jan-15 MPSLTD Results/Div 29-Jan-15 BHARAT General Results 29-Jan-15 NAGPI Results 29-Jan-15 BLUEDART Results 29-Jan-15 NATCAPSUQ Results 29-Jan-15 CARBORUNIV Results/Div 29-Jan-15 NATNLSTEEL Results 29-Jan-15 CITYMAN Results 29-Jan-15 NATPLY Results 29-Jan-15 COROENGG Results 29-Jan-15 OILCOUNTUB Results 29-Jan-15 COUNTNDEN General Results 29-Jan-15 OMAXE Results 29-Jan-15 DALMIABHA Results 29-Jan-15 ONELIFECAP General Results 29-Jan-15 DHPIND Results 29-Jan-15 ORIENTBANK Results 29-Jan-15 DRREDDY Results 29-Jan-15 OUDHSUG Results 29-Jan-15 EIHAHOTELS Results 29-Jan-15 PALRED General Results 29-Jan-15 ELEMARB Results 29-Jan-15 PHOENIXTN Results 29-Jan-15 ESABINDIA Results 29-Jan-15 PILANIINV Results 29-Jan-15 ESSELPRO Results 29-Jan-15 PNBGILTS Results 29-Jan-15 FORTUNEF Results 29-Jan-15 PODARPIGQ-$ Results 29-Jan-15 FULFORD Results 29-Jan-15 RATNAMANI Results 29-Jan-15 GANDHITUBE-$ Results/Div 29-Jan-15 RISHDIGA-$ Results 29-Jan-15 GCCL Results 29-Jan-15 ROHLTD Results 29-Jan-15 Corporate Actions Scrip Name Purpose Ex Date Scrip Name Purpose Ex Date CENTURYPLY Interim Dividend - Rs.0.75 29-Jan-15 AARTIDRUGS 2nd Interim Dividend - Rs.- 4-Feb-15 DBCORP Interim Dividend - Rs.3.50 29-Jan-15 EDELWEISS Interim Dividend - Rs.0.80 4-Feb-15 HATSUN Interim Dividend - Rs.0.60 29-Jan-15 HCLTECH Interim Dividend - Rs.- 4-Feb-15 IBSEC 3rd Interim Dividend - Rs.1.00 29-Jan-15 MRF Final Dividend - Rs.44.00 4-Feb-15 IBULHSGFIN 3rd Interim Dividend - Rs.9.00 29-Jan-15 NTPC Interim Dividend - Rs.- 4-Feb-15 NHPC Interim Dividend - Rs.0.20 29-Jan-15 ORIENTCEM Interim Dividend - Rs.0.75 4-Feb-15 PERSISTENT Interim Dividend - Rs.10.00 29-Jan-15 ISFT Interim Dividend - Rs.1.00 5-Feb-15 ZENSARTECH Interim Dividend - Rs.4.50 29-Jan-15 MOSCHIP Reduction of Capital 5-Feb-15 AUTOAXLES Final Dividend - Rs.2.50 30-Jan-15 MOTILALOFS Interim Dividend - Rs.- 5-Feb-15 ACGL-$ Interim Dividend - Rs.2.50 2-Feb-15 WALCHANNAG Dividend - Rs.0.40 5-Feb-15 ASAHISONG Scheme of Arrangement 2-Feb-15 MARICO 2nd Interim Dividend - Rs.- 6-Feb-15 GANDHITUBE-$ Interim Dividend - Rs.- 2-Feb-15 TVSMOTOR Interim Dividend - Rs.- 6-Feb-15 POLYMED Stock Split from Rs. 10/- to Rs.5/- 2-Feb-15 SUNCLAYLTD Interim Dividend - Rs.- 9-Feb-15 TORNTPHARM Interim Dividend - Rs.- 2-Feb-15 GAIL Interim Dividend - Rs.- 10-Feb-15 Private circulation only: Disclaimer; the recommendation made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. Readers using the information contained herein are solely responsible for their actions. The information and views contained herein are believed to be reliable but no responsibility or liability is accepted for errors of act or opinion. Analysts may or may not have trading or investment positions in the securities mentioned herein.
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