Nothing Special   »   [go: up one dir, main page]
Scribd Logo
Upload

Welcome to Scribd!

  • 27 views

    Nifty News Letter-25 August 2015

    Uploaded by

    NehaSharma
    We provide you around 1-2 nifty tips, Bank Nifty Future, nifty futures tips, sgx nifty tips Daily. You can gain more profit with our 2 days free trial calls.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Nifty News Letter-25 August 2015

    Uploaded by

    NehaSharma
    27 views7 pages
    We provide you around 1-2 nifty tips, Bank Nifty Future, nifty futures tips, sgx nifty tips Daily. You can gain more profit with our 2 days free trial calls.

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    We provide you around 1-2 nifty tips, Bank Nifty Future, nifty futures tips, sgx nifty tips Daily. You can gain more profit with our 2 days free trial calls.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    27 views7 pages

    Nifty News Letter-25 August 2015

    Uploaded by

    NehaSharma
    We provide you around 1-2 nifty tips, Bank Nifty Future, nifty futures tips, sgx nifty tips Daily. You can gain more profit with our 2 days free trial calls.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 7

    25TH AUGUST

    2015

    Good morning to all

    CAPITALSTARS INVESTMENT ADVISORS

    W
    W
    W
    .
    C
    A
    P
    I
    T
    A
    L
    S
    T
    A
    R
    S
    .
    C
    O
    M

    www.capitalstars.com | CapitalStars Research

    MARKET SNAPSHOT
    SYMBOL

    OPEN

    HIGH

    LOW

    CLOSE

    CHANGE

    NIFTY

    8055

    8060

    8225

    7769

    -5.92%

    SENSEX

    26730

    26730

    25624

    25741

    -5.94%

    Nifty levels:
    Nifty spot close @7799
    Nifty future close @7802
    SYMBOL
    NIFTY SPOT
    NIFTY
    FUTURE

    S1
    7962
    7964

    S2
    7585
    7581

    PIVOT
    7876
    7884

    R1
    7983
    7997

    R2
    8167
    8187

    Todays view on Nifty

    As we have already suggested free fall will be seen once nifty break 8200 level,
    same thing happened today, we hope you have follow our strategy and earn good
    profit. As per the global scenario more selling is expected, but sell on rise will be

    www.capitalstars.com | CapitalStars Research

    the best strategy.

    Bank Nifty levels:


    Bank nifty spot close @16811
    Bank nifty future close @18044

    SYMBOL
    BANKNIFTY
    SPOT
    BANKNIFTY
    FUTURE

    S1
    16552

    S2
    16293

    PIVOT
    16999

    R1
    17258

    R2
    17705

    16413

    16136

    16956

    17233

    17776

    View on Bank nifty

    Banknifty selling opportunity below 18300 we may see 17700/17500 level in


    coming days. Major support zone will be 17500-17650.

    Market Commentary
    www.capitalstars.com | CapitalStars Research

    MARKET COMMENTERY
    A sell off in oil, banking and metal shares led the carnage on the domestic
    bourses. The barometer index, the S&P BSE Sensex, tanked more than 6%, as per
    provisional closing data. The 50-unit CNX Nifty plunged 5.92%, as per provisional
    closing data. The Sensex hit its lowest level in more than a year. The Nifty hit its
    lowest level in more than 10 months. The Nifty ended below the psychological
    8,000 mark, as per provisional closing data. Earlier, the Nifty had regained the
    psychological 8,000 mark after falling below that level at the onset of the trading
    session. The Sensex ended below the psychological 26,000 level, as per provisional
    closing data. Earlier, the Sensex had fallen below the psychological 27,000 at the
    onset of the trading session. The sharp setback on the Indian bourses was
    triggered by a rout in Asian stocks.

    STOCK BUZZ
    Metal and mining stocks dropped on concerns about slowdown in
    China's economic growth. Hindustan Zinc (down 12.9%), Bhushan
    Steel (down 12.28%), Tata Steel (down 12.16%), Steel Authority of
    India (down 8.94%), Hindalco Industries (down 8.31%), JSW Steel
    (down 8.31%), Hindustan Copper (down 8.15%), Jindal Steel & Power
    (down 4.1%) and National Aluminum Company (down 3.12%), edged
    lower. NMDC was up 0.64%. China is the world's largest consumer of
    copper, aluminum and steel.
    Banks stocks declined. Among PSU banks, Bank of India (down
    15.32%), UCO Bank (down 15.07%), IDBI Bank (down 13.79%), Central
    Bank of India (down 13.34%), Andhra Bank (down 13.03%), Syndicate

    www.capitalstars.com | CapitalStars Research

    Bank (down 13.02%), Union Bank of India (down 12.84%), Canara


    Bank (down 12.73%), Punjab National Bank (down 10.65%), Bank of
    Baroda (down 8.17%), State Bank of India (down 7.85%), Indian Bank
    (down 7.74%), Punjab and Sind Bank (down 7.24%), Vijaya Bank
    (down 7.13%), Corporation Bank (down 6.92%), United Bank of India
    (down 6.74%), Allahabad Bank (down 5.85%), Dena Bank (down
    4.13%) and Bank of Maharashtra (down 3.27%), edged lower.

    HOT PURSUIT
    Meanwhile, Reserve Bank of India Governor Raghuram Rajan was quoted
    as saying at a banking conference today, 24 August 2015, that the RBI has
    no hesitation in using the foreign exchange reserves when appropriate to
    reduce volatility in the rupee. India has steadily built up its foreign
    exchange reserves to a record high of more than $355 billion since Rajan
    took the helm of the RBI in September 2013, when the rupee was in the
    midst of its worst crisis in more than two decades.
    Chinese stocks led a sell-off in Asian markets today, 24 August 2015, as
    fears about the deepening effects of a slowdown in China's economy
    rattled investors. In mainland China, the Shanghai Composite lost 8.49%. In
    Hong Kong, the Hang Seng index lost 5.17%. The sharp setback in Chinese
    stocks materialized as China's central bank failed to take expected action
    over the weekend to provide more support for the financial system.
    China's surprise move to devalue its yuan two weeks ago which could
    make its exports more competitive and a string of weak data signal the
    economy may be feebler than expected, despite a campaign to rev up
    growth including interest rate cuts and measures to boost lending.

    www.capitalstars.com | CapitalStars Research

    OPTION STRATEGY
    In todays session we have seen call writing in 8000 and 7800 strike price, we may see
    8000 as a strong resistance level in coming days.
    SBIN 250 and 260 calls and puts were so active, we may see selling below 260 level.
    DLF 100/110 puts were so active today, we may see more selling as remain below 100.

    STOCKS TO WATCH
    LUPIN:
    Sell Lupin below 1820 stock may show 1780/1750 level in coming days.

    VEDANTA:
    Keep selling but only on rise 60/50 levels are waiting

    NMDC:
    Sell NMDC below 94 for the target of 85/80 in coming days, keep sell on rise.

    Top PICKS OF THE DAY


    BUY M&M ABOVE.? TGT..?STOP LOSS?
    SELL ICICI BANK BELOW..?...TARGET.?..STOPLOSS?
    SELL VOLTAS BELOW.? STOCK MAY SHOW 250/230 LEVEL IN COMING
    DAYS WITH STOP LOSS?
    FOR DETAIL LEVELS YOU CAN SUBSCRIBE OUR SERVICES OR TALK TO

    www.capitalstars.com | CapitalStars Research

    OUR EXECUTIVES

    For more detail


    Give missed call on 0731 6669900, or mail us
    at
    backoffice@capitalstars.in

    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.
    Use of this report in no way constitutes a client/advisor relationship, all information we communicate to
    you (the subscriber) either through our Web site or other forms of communications, are purely for
    informational purposes only.
    We recommend seeking individual investment advice before making any investment, for you are
    assuming sole liability for your investments. Capital Stars will in no way have discretionary authority
    over your trading or investment accounts.
    All rights reserved.

    www.capitalstars.com | CapitalStars Research

    You might also like