1. Ingeniería

Equity Research
January 28 2015
s
Equity Evening Wrap
[email protected]
033-4011 0163
Nifty View
Markets end Flat after a volatile session: Volatility ruled the roost as key benchmark gave away a lion's portion of their intraday gains soon after extending gains in early
afternoon trade. The broad market depicted weakness. The market breadth indicating the overall health of the market was weak. The Sensex snapped 8 day gains and
ended lower by 11.86 points at 29559.1 and the Nifty was up 3.80 points at 8914.30. Foreign institutional investors (FPIs) were net buyers in Indian equities worth Rs 953
crore on Tuesday, as per provisional stock exchange data.
Tracking Nifty For The Week: (Week ending January 30, 2015, -All Nifty levels refer to Nifty Futures) The trend deciding point for the week for Nifty was at 8732 mark.
During this week as long as Nifty did not close BELOW the level of 8732 market was not expected to go DOWN. It was envisaged that the current trend was expected to
take Nifty towards the first weekly resistance of 8921 mark. if demand pressure was strong at 8521 and Nifty closed above this level, then it was expected to move
towards 9065 mark or 9254 mark, depending on the demand pressure. On the other hand, if Nifty closed below the first resistance point of 8921 or turned much before
8921 under selling pressure, then nifty was to move towards the trend deciding point of 8732 mark. Further selling pressure here was to make Nifty close below this trend
deciding point and change the immediate trend to negative. If such an event occurred, then nifty was to move towards 8587 mark depending on the supply pressure.
Tracking Banknifty For The Week: (Week ending January 30, 2015, -All Banknifty levels refer to Banknifty Futures) The trend deciding point for the week for Banknifty was
at 19816 mark. During this week as long as Banknifty did not close BELOW the level of 19816, Banknifty was not expected to go DOWN. It was envisaged that the current
trend was expected to take Banknifty towards the first weekly resistance of 20309 mark. For any reason, if Banknifty closed above the first resistance point of 20309, then
the immediate trend was to continue to be positive and Banknifty was to move towards 20681 mark or 21174 mark depending on the demand pressure. On the other
hand, If this resistance of 20309 was not crossed or if bank nifty moved downward much before touching this point then there were chances that Banknifty would move
towards the trend deciding point of 19816 mark. A further selling pressure at 19816 was to make Banknifty close below this level and then the immediate trend was to
turn in to negative and it was to provide a push to Banknifty to touch 19444 mark or 18951 mark depending on the supply pressure.
For Thursday, January 29, 2015, the trend deciding point for Nifty for the day works out at 8839 mark. Thus any fall towards 8839 is to get supported here. If this level is
broken, then the next support is expected to be around 8771 mark. If Nifty sustains this mark and reverses from here then a buying opportunity is to be exploited here. On
ascent, the level of 8979 is the hurdle. In case of a sharp up move, the crossover of this resistance is to take Nifty to the next level of hurdle, which emerges at 9065 mark,
the second weekly resistance. The intermediate support stands at 8871 mark. If there is not much supply, then Nifty can reverse from here for upside, instead of 8839
mark. On the other hand, the intermediate resistance stands at 8938 mark. If there is not much demand, then Nifty can reverse from here for downside, instead of 8979
mark.
For Thursday, January 29, 2015, the trend deciding point for the day for Bank Nifty works out at 20384 mark. The first weekly resistance, which acts as a support now,
stands at 20309 mark. Thus any fall in Bank Nifty towards this zone of 20384 – 20309 should offer a support. If this support zone is broken due to strong selling pressure,
then the next support is expected to emerge around 20226 mark. On the ascent, an important resistance exists at 20681 mark, the second weekly resistance. If this is
crossed, then the next resistance emerges at 20870 mark.
For Thursday, the trend reversal point for Nifty stands at 8847 in spot. Any close below 8847 in spot on Thursday will change the trend to NEGATIVE. Again, that for Bank
Nifty, this level stands at 20345 in spot. This implies that a close below this level on Thursday for Bank nifty in spot will change the trend in that index in to NEGATIVE.
Index Range: (January Future)
Nifty: 8905
Range: 8771 - 8995
Resistance: 8927 – 8985 - 9052
Support: 8860 – 8801 - 8735
Bank Nifty: 20451
Resistance: 20642 – 20858 - 21005
Support: 20350 – 20134 - 19842
Sensex: 29549
Resistance: 29605 – 29785 - 29987
Support: 29403 – 29224 - 29022
BMA Wealth Creators
Equity Research
Equity Evening Wrap
Key Market Indicators
Nifty Spot
Nifty Jan Close
Premium/Discount
Nifty Feb Close
MoM Spread
hiv
Nifty Jan OI
Nifty Feb OI
Highest OI in Call (@ 9000)
Highest OI in Put (@ 8700)
VIX
Nifty Price Movement
Today
Yesterday
8914.3
8905.4
-8.9
8970
64.6
10714875
8910.5
8917.75
7.25
8982.05
64.3
20226950
20425950
5237850
5085150
19.77
12133250
5268925
5115325
18.08
Nifty Volatility
Nifty Snapshot
 The market was positive and the discount of Nifty Jan
futures stands at 8.9
 Nifty Jan futures decreased -9512075 shares in open interest
and Feb futures increased 8292700 shares in open interest.
 Difference between Jan and Feb Nifty spread was 64.6 higher
to the previous day's figure of 64.3
 VIX was 19.77, higher to the previous close of 18.08
 Highest open Interest outstanding in Call was seen at 9000
strike.
 Highest open interest outstanding in Put was seen at 8700
strike.
Top Losers
Top Gainers
COMPANY
% CHG.
TITAN CO LTD
8.14
SUZLON ENERGY LTD
5.90
NCC LTD
5.49
IRB INFRASTRUCTURE DEVELOPER
5.45
SHRIRAM TRANSPORT FINANCE
5.19
VOLTAS LTD
4.88
RURAL ELECTRIFICATION CORP
4.38
HINDUSTAN PETROLEUM CORP
4.30
POWER FINANCE CORPORATION
3.50
HOUSING DEVELOPMENT & INFRAS
3.28
DLF LTD
3.26
ASHOK LEYLAND LTD
3.10
DIVI'S LABORATORIES LTD
3.00
GUJARAT FLUOROCHEMICALS LTD
2.80
HCL TECHNOLOGIES LTD
2.66
IVRCL LTD
5.83
COMPANY
% CHG.
BHARTI AIRTEL LTD
UNION BANK OF INDIA
TATA MOTORS LTD-A-DVR
SESA STERLITE LTD
SESA STERLITE LTD
SHREE RENUKA SUGARS LTD
RELIANCE COMMUNICATIONS LTD
HAVELLS INDIA LTD
KOTAK MAHINDRA BANK LTD
TATA MOTORS LTD
LARSEN & TOUBRO LTD
IDEA CELLULAR LTD
JINDAL STEEL & POWER LTD
MCLEOD RUSSEL INDIA LTD
JSW STEEL LTD
BMA Wealth Creators
-5.23
-4.87
-3.82
-2.97
-2.97
-2.94
-2.87
-2.84
-2.68
-2.54
-2.51
-2.50
-2.45
-2.12
-2.11
Equity Research
Equity Evening Wrap
Nifty Options (Open Interest)
Maximum OI increased in call was
seen at 9000 with a gain of 10475700
shares
Maximum OI increased in put was
seen at 8800 with a gain of 9589100
shares
Maximum OI outstanding in call is at
9100 with 1468900 shares
Maximum OI outstanding in Put is at
8700 with a gain of 1200550 share
Nifty Options (Volume)
Most active call: C8900 with a
volume of 119464700 shares
Most active put: 8800 with a
volume of 113607800 Shares
moso
eco
Most Active Stock Call Options
Stock
Contract
Strike
RIL
29-Jan-15
C900
AXSB
29-Jan-15
C600
SBIN
29-Jan-15
C330
AL
29-Jan-15
C67.5
TCS
29-Jan-15
C2550
Most Active Stock Put Options
Price
Change
Volume
IVM
Stock
Price
Change
Volume
IVM
10.4
5.4
9,736
31.208
AXSB
29-Jan-15
P580
1.8
-0.9
4,200
43.895
2
-2
6,533
39.903
SBIN
29-Jan-15
P330
1.65
-1.25
3,954
42.632
4.85
1.15
5,335
32.465
RIL
29-Jan-15
P900
4
-10.25
3,585
34.211
1.45
0.85
5,116
83.501
RIL
29-Jan-15
P880
0.9
-3.4
3,567
40.487
10.7
3.8
4,954
31.343
AXSB
29-Jan-15
P590
4.85
-0.15
3,536
38.068
Contract
Strike
BMA Wealth Creators
Equity Research
Equity Evening Wrap
Top 5 OI Gainers
Name
HAVELLS INDIA LTD
INDIAN
OVERSEAS
Top 5 OI
Losers BANK
Last
276.10
52.30 4.70
Name
% Price Chg
0.33
6708891 802
Last
Volume
2620327
19.52%
% Price Chg
OI
OI % Chg
Comments
22.78%
Longs Built Up
2258
Longs Built Up
Volume
OI
OI % Chg
Comments
Comments
INDIAN OVERSEAS BANK
52.30
4.70
6708891
802
19.52%
Longs Built Up
BMA Wealth Creators
Equity Research
Equity Evening Wrap
Pivot Points
NAME
PIVOT
POINT
R3
R2
R1
21365.83
21149.92
20857.83
20641.92
20349.83
20133.92
19841.83
NIFTY FUT
9110.88
9052.44
8985.38
8926.94
8859.88
8801.44
8734.38
ACC
1597.69
1576.35
1558.24
1536.90
1518.79
1497.45
1479.34
ADANIENT
607.44
593.90
578.09
564.55
548.74
535.20
519.39
ADANIPORTS
364.67
357.33
348.57
341.23
332.47
325.13
316.37
BANKNIFTY FUT
ADANIPOWER
S1
S2
S3
53.70
52.30
51.00
49.60
48.30
46.90
45.60
1875.86
1859.25
1845.21
1828.60
1814.56
1797.95
1783.91
ALBK
132.14
130.35
128.69
126.90
125.24
123.45
121.79
AMBUJACEM
256.83
254.42
251.83
249.42
246.83
244.42
241.83
ABIRLANUVO
ANDHRABANK
95.28
94.06
92.83
91.61
90.38
89.16
87.93
APOLLOTYRE
242.53
238.14
232.93
228.54
223.33
218.94
213.73
ARVIND
281.16
277.68
274.31
270.83
267.46
263.98
260.61
71.03
69.72
68.73
67.42
66.43
65.12
64.13
ASHOKLEY
ASIANPAINT
951.94
936.47
921.99
906.52
892.04
876.57
862.09
1212.76
1201.38
1188.71
1177.33
1164.66
1153.28
1140.61
615.54
607.67
599.19
591.32
582.84
574.97
566.49
2445.22
2429.81
2414.12
2398.71
2383.02
2367.61
2351.92
BANKBARODA
234.91
231.38
227.46
223.93
220.01
216.48
212.56
BANKINDIA
300.63
297.56
294.18
291.11
287.73
284.66
281.28
BATAINDIA
1509.80
1490.90
1469.70
1450.80
1429.60
1410.70
1389.50
BHARATFORG
1071.09
1054.80
1036.14
1019.85
1001.19
984.90
966.24
BHEL
292.23
287.34
282.93
278.04
273.63
268.74
264.33
BPCL
737.43
723.52
712.83
698.92
688.23
674.32
663.63
BHARTIARTL
417.15
406.43
393.05
382.33
368.95
358.23
344.85
BIOCON
415.68
413.81
411.53
409.66
407.38
405.51
403.23
CAIRN
242.78
240.39
237.88
235.49
232.98
230.59
228.08
CANBK
494.56
486.60
479.91
471.95
465.26
457.30
450.61
CENTURYTEX
594.98
584.37
571.48
560.87
547.98
537.37
524.48
CESC
737.73
728.87
720.83
711.97
703.93
695.07
687.03
CIPLA
721.56
714.28
707.11
699.83
692.66
685.38
678.21
COALINDIA
397.03
392.87
388.83
384.67
380.63
376.47
372.43
1949.22
1939.61
1929.32
1919.71
1909.42
1899.81
1889.52
CROMPGREAV
197.48
195.24
192.58
190.34
187.68
185.44
182.78
DABUR
AUROPHARMA
AXISBANK
BAJAJ-AUTO
COLPAL
259.54
256.40
253.59
250.45
247.64
244.50
241.69
DENABANK
59.60
59.25
58.80
58.45
58.00
57.65
57.20
DISHTV
83.91
82.45
81.06
79.60
78.21
76.75
75.36
1811.99
1778.00
1753.14
1719.15
1694.29
1660.30
1635.44
DIVISLAB
DLF
DRREDDY
175.08
169.59
165.18
159.69
155.28
149.79
145.38
3328.37
3286.68
3255.47
3213.78
3182.57
3140.88
3109.67
BMA Wealth Creators
Equity Research
Equity Evening Wrap
EXIDEIND
213.77
209.48
204.37
200.08
194.97
190.68
185.57
FEDERALBNK
149.85
148.70
147.15
146.00
144.45
143.30
141.75
FRL
119.25
117.08
115.15
112.98
111.05
108.88
106.95
GAIL
433.02
427.66
423.32
417.96
413.62
408.26
403.92
GSKCONS
5852.88
5788.94
5708.98
5645.04
5565.08
5501.14
5421.18
GLENMARK
753.85
746.83
738.15
731.13
722.45
715.43
706.75
GMRINFRA
17.68
17.44
17.18
16.94
16.68
16.44
16.18
GODREJIND
327.37
323.18
318.07
313.88
308.77
304.58
299.47
GRASIM
4005.33
3959.16
3922.48
3876.31
3839.63
3793.46
3756.78
HAVELLS
291.68
285.29
276.78
270.39
261.88
255.49
246.98
HCLTECH
1728.51
1697.13
1672.76
1641.38
1617.01
1585.63
1561.26
HDFCBANK
1126.37
1109.78
1088.17
1071.58
1049.97
1033.38
1011.77
HEROMOTOCO
2949.28
2922.39
2894.33
2867.44
2839.38
2812.49
2784.43
HEXAWARE
234.70
231.08
227.00
223.38
219.30
215.68
211.60
HINDALCO
146.21
144.65
142.76
141.20
139.31
137.75
135.86
HINDPETRO
631.72
615.56
603.62
587.46
575.52
559.36
547.42
HINDUNILVR
952.53
946.66
939.88
934.01
927.23
921.36
914.58
HINDZINC
174.86
173.23
171.61
169.98
168.36
166.73
165.11
92.19
89.65
87.74
85.20
83.29
80.75
78.84
1427.58
1394.71
1366.43
1333.56
1305.28
1272.41
1244.13
HDIL
HDFC
ICICIBANK
403.50
398.45
391.70
386.65
379.90
374.85
368.10
IDBI
77.37
76.53
75.57
74.73
73.77
72.93
71.97
IDEA
180.79
176.45
171.74
167.40
162.69
158.35
153.64
IDFC
182.43
180.09
176.88
174.54
171.33
168.99
165.78
IFCI
38.73
38.26
37.88
37.41
37.03
36.56
36.18
INDIACEM
118.06
115.30
112.61
109.85
107.16
104.40
101.71
IBREALEST
80.08
78.91
77.33
76.16
74.58
73.41
71.83
350.26
344.75
340.61
335.10
330.96
325.45
321.31
IOC
IOB
61.85
61.03
60.05
59.23
58.25
57.43
56.45
IGL
492.67
486.33
480.07
473.73
467.47
461.13
454.87
INDUSINDBK
901.15
890.58
879.35
868.78
857.55
846.98
835.75
INFY
2179.93
2167.37
2155.43
2142.87
2130.93
2118.37
2106.43
IRB
291.22
280.36
271.72
260.86
252.22
241.36
232.72
ITC
370.18
366.82
364.28
360.92
358.38
355.02
352.48
JISLJALEQS
68.33
67.54
66.58
65.79
64.83
64.04
63.08
JPASSOCIAT
28.67
27.96
27.17
26.46
25.67
24.96
24.17
JPPOWER
12.28
12.11
11.93
11.76
11.58
11.41
11.23
JINDALSTEL
162.45
160.53
157.95
156.03
153.45
151.53
148.95
JSWENERGY
122.76
120.30
118.51
116.05
114.26
111.80
110.01
JSWSTEEL
1040.32
1028.66
1013.32
1001.66
986.32
974.66
959.32
JUBLFOOD
1498.65
1477.33
1452.65
1431.33
1406.65
1385.33
1360.65
KTKBANK
157.38
153.92
149.48
146.02
141.58
138.12
133.68
KOTAKBANK
1429.03
1409.51
1385.58
1366.06
1342.13
1322.61
1298.68
LT
1790.17
1765.33
1734.67
1709.83
1679.17
1654.33
1623.67
BMA Wealth Creators
Equity Research
Equity Evening Wrap
LICHSGFIN
522.08
513.49
504.18
495.59
486.28
477.69
468.38
LUPIN
1561.32
1547.41
1529.62
1515.71
1497.92
1484.01
1466.22
M&M
1363.57
1348.78
1332.57
1317.78
1301.57
1286.78
1270.57
MARUTI
3823.98
3791.24
3757.48
3724.74
3690.98
3658.24
3624.48
MCLEODRUSS
214.77
211.88
208.07
205.18
201.37
198.48
194.67
41054.42
40680.71
40248.92
39875.21
39443.42
39069.71
38637.92
NHPC
21.12
20.71
20.32
19.91
19.52
19.11
18.72
NMDC
144.67
143.08
141.67
140.08
138.67
137.08
135.67
NTPC
148.07
146.51
144.67
143.11
141.27
139.71
137.87
ONGC
365.16
360.83
357.21
352.88
349.26
344.93
341.31
OFSS
3370.75
3333.23
3297.55
3260.03
3224.35
3186.83
3151.15
ORIENTBANK
325.33
321.72
317.73
314.12
310.13
306.52
302.53
PETRONET
196.28
194.59
192.43
190.74
188.58
186.89
184.73
PFC
308.17
301.08
295.47
288.38
282.77
275.68
270.07
POWERGRID
154.02
152.86
151.32
150.16
148.62
147.46
145.92
PTC
104.22
102.51
100.42
98.71
96.62
94.91
92.82
PNB
219.01
215.00
210.86
206.85
202.71
198.70
194.56
RANBAXY
764.08
744.54
723.08
703.54
682.08
662.54
641.08
RELCAPITAL
491.72
486.26
479.12
473.66
466.52
461.06
453.92
85.68
84.16
82.13
80.61
78.58
77.06
75.03
RELIANCE
936.37
923.08
912.67
899.38
888.97
875.68
865.27
RELINFRA
501.33
494.52
487.73
480.92
474.13
467.32
460.53
RPOWER
66.15
65.30
64.25
63.40
62.35
61.50
60.45
RECLTD
368.96
357.80
347.81
336.65
326.66
315.50
305.51
MRF
RCOM
SSLT
214.72
210.83
206.22
202.33
197.72
193.83
189.22
SRTRANSFIN
1239.47
1201.63
1172.67
1134.83
1105.87
1068.03
1039.07
SIEMENS
1118.26
1101.18
1078.41
1061.33
1038.56
1021.48
998.71
344.23
340.12
336.43
332.32
328.63
324.52
320.83
SBIN
SAIL
81.18
80.36
79.33
78.51
77.48
76.66
75.63
SUNPHARMA
973.35
953.23
932.25
912.13
891.15
871.03
850.05
SUNTV
474.48
446.19
422.58
394.29
370.68
342.39
318.78
SYNDIBANK
129.93
128.17
126.13
124.37
122.33
120.57
118.53
TATACHEM
455.42
450.96
445.92
441.46
436.42
431.96
426.92
TATACOMM
426.81
420.45
412.36
406.00
397.91
391.55
383.46
2590.07
2567.48
2548.07
2525.48
2506.07
2483.48
2464.07
TATAGLOBAL
162.04
160.97
159.79
158.72
157.54
156.47
155.29
TATAMTRDVR
403.13
394.01
382.78
373.66
362.43
353.31
342.08
TATAMOTORS
609.72
604.46
597.52
592.26
585.32
580.06
573.12
TATAPOWER
92.78
91.54
89.98
88.74
87.18
85.94
84.38
404.03
400.52
395.93
392.42
387.83
384.32
379.73
TECHM
2974.48
2929.74
2895.78
2851.04
2817.08
2772.34
2738.38
TITAN
474.50
456.15
440.70
422.35
406.90
388.55
373.10
80.93
80.22
79.23
78.52
77.53
76.82
75.83
3244.11
3217.03
3179.16
3152.08
3114.21
3087.13
3049.26
TCS
TATASTEEL
UCOBANK
ULTRACEMCO
BMA Wealth Creators
Equity Research
Equity Evening Wrap
UNIONBANK
245.58
241.04
234.83
230.29
224.08
219.54
213.33
17.45
17.23
16.95
16.73
16.45
16.23
15.95
UBL
1075.23
1054.12
1027.13
1006.02
979.03
957.92
930.93
UPL
371.19
365.75
360.14
354.70
349.09
343.65
338.04
UNITECH
VIJAYABANK
51.11
50.48
49.96
49.33
48.81
48.18
47.66
VOLTAS
290.98
282.94
277.08
269.04
263.18
255.14
249.28
WIPRO
630.81
621.40
614.56
605.15
598.31
588.90
582.06
YESBANK
914.89
904.95
894.24
884.30
873.59
863.65
852.94
ZEEL
397.17
394.36
390.77
387.96
384.37
381.56
377.97
BMA Wealth Creators
Equity Research
Equity Evening Wrap
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