CS OPENING BELL 30-Sep-15

CS OPENING BELL:

NIFTY SPOT UP 75 @ 7918

SENSEX UP 265@262

BANK NIFTY FUTURES UP  114@17502

CS NIFTY FUTURES (OCTOBER) OVERVIEW

TREND MIXED TO BULLISH

RES2:7915

RES 1:7875     

SUP1:7815

SUP2:7785

CS BANK NIFTY FUTURES (OCTOBER) OVERVIEW

TREND MIXED TO BULLISH

RES 2:17525

RES 1: 17405

SUP1: 17150

SUP2: 17045

HAPPY TRADING

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Nifty Market Trends For Today 29-Sep-15

OUR SERVICES: Intraday Trading Calls, Future & Option Tips, Commodity Market Tips,Positional Option Tips, Stock Tips, Commodity Tips, Ncdex Tips 

Nifty levels:  

Nifty spot close @7795

Nifty future close @7832

Today’s view on Nifty

Please do not buy below 8025, below that every rise will be a selling opportunity. We may see 7600/7450 level in coming days.

Bank Nifty levels: 

Bank nifty spot close @17100

Bank nifty future close @17201

View on Banknifty 

Sell as remain below 17500, we may see 16900/16800 level in coming days. Once break 16800 level it may show 16350/16100 level.

MARKET COMMENTERY

Key benchmark indices dropped sharply on first trading day of the week on weak global cues. After gyrating in small range between positive and negative zone for most part of the day, key indices saw a sell-off in last hour of trade. The barometer index, the S&P BSE Sensex, was down 236.03 points or 0.91% at 25,627.47, as per provisional closing data. The 50-unit CNX Nifty was down 72.80 points or 0.93% at 7,795.70, as per provisional closing data.

STOCK BUZZ

• Vedanta (down 4.25%), JSW Steel (down 2.27%), Tata Steel (down 2.83%), Steel Authority of India (Sail) (down 2.65%), Hindustan Zinc (down 4.62%), Jindal Steel & Power (down 2.34%), National Aluminium Company (down 1.37%), Hindalco Industries (down 1.12%), Hindustan Copper (down 2.29%) edged lower.

• Auto stocks declined. Hero MotoCorp (down 1.41%), Eicher Motors (down 2.88%), Bajaj Auto (down 0.14%), Ashok Leyland (down 0.33%), Mahindra & Mahindra (down 0.36%), TVS Motor Company (down 2.21%) and Maruti Suzuki (India) (down 0.99%) edged lower.

HOT PURSUIT

1. The market breadth indicating the overall health of the market turned negative from positive in late trade. On BSE, shares 1,578 declined and 1,132 shares rose. A total of 131 shares were unchanged. The BSE Mid-Cap index was off 0.28%. The BSE Small-Cap index was off 0.21%. The fall in both these indices was lower than the Sensex's decline in percentage terms.

2. In overseas markets, European and Asian stock markets edged lower with trading sentiment hurt by another weak data release from China. Markets in Hong Kong, Taiwan and South Korea are closed for holiday. Economic data showed that China's industrial profits fell 8.8% in August from a year ago, extending July's 2.9% fall as the slowing economy hit enterprises' profitability. US markets ended on a mixed note on Friday, 25 September 2015 due to a sharp sell-off in biotech and healthcare stocks. Prospects for the US economy generally appear solid, Federal Reserve Chairwoman Janet Yellen said in her speech late Thursday, 24 September 2015 after US markets had closed. She argued in favor of hiking interest rates this year, giving more clarity to Fed watchers.

OPTION STRATEGY

1. In today’s session we have seen call buying in 7800 and 7900 strike price, we may see 7900 as a strong resistance level in coming days. 

2. HINDALCO 75 and 80 calls and puts were so active, we may see buying above 75 level.

3. HDIL 65/70 calls were so active today, we may see more buying as remain above 58.

STOCKS TO WATCH

TITAN:

Sell TITAN as remain below 330 we may see 315/300 LEVELS, above 330 major resistance will be 342.

UPL:

Keep selling but only on rise 440/400 levels are waiting………

VOLTAS: 

Buy VOLTAS above 250 for the target of 270/280, below 250 major support will be 244.

 Top PICKS OF THE DAY

• GAIL ABOVE….? TGT…..?STOP LOSS……?

• SELL ICICI BANK BELOW…..?...TARGET….?..STOPLOSS…?

• SELL ONGC BELOW….? STOCK MAY SHOW 190/210 LEVEL IN COMING DAYS WITH STOP LOSS…?

CS OPENING BELL 29-Sep-15

OUR SERVICES: Intraday Trading Calls, Future & Option Tips, Commodity Market Tips,Positional Option Tips, Stock Tips, Commodity Tips, Ncdex Tips 

CS OPENING BELL:

NIFTY SPOT DOWN 92 @7705

SENSEX DOWN 302@25315

BANK NIFTY FUTURES DOWN 255@16932

CS NIFTY FUTURES (OCTOBER) OVERVIEW

TREND MIXED TO BEARISH

RES2:7925

RES 1:7895     

SUP1:7775

SUP2:7725

CS BANK NIFTY FUTURES (OCTOBER) OVERVIEW

TREND MIXED TO BEARISH

RES 2:17375

RES 1: 17275

SUP1: 17020

SUP2: 16925

HAPPY TRADING

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+917316790000

NIFTY AND BANK NIFTY MARKET TRENDS

OUR SERVICES: Intraday Trading Calls, Future & Option Tips, Commodity Market Tips,Positional Option Tips, Stock Tips, Commodity Tips, Ncdex Tips 

Nifty levels:  

Nifty spot close @7868

Nifty future close @7869

Today’s view on Nifty

Please do not buy below 8025, below that every rise will be a selling opportunity. We may see 7600/7450 level in coming days.

Bank Nifty levels: 

Bank nifty spot close @17196

Bank nifty future close @17197

View on Banknifty 

Sell as remain below 17500, we may see 16900/16800 level in coming days. Once break 16800 level it may show 16350/16100 level.

MARKET COMMENTERY

Amid a divergent trend among various index constituents, the barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty clocked small gains. The Sensex rose 40.51 points or 0.16% to settle at 25,863.50. The Nifty rose 22.55 points or 0.29% to settle at 7,868.50. IT stocks edged higher on weak rupee. Bank stocks ended on a mixed note after seeing intraday volatility. Metal and mining stocks also witnessed a mixed trend. Among index heavyweights, ITC and HDFC edged higher whereas L&T and Reliance Industries (RIL) edged lower.

STOCK BUZZ

• Bank stocks were mixed. Among PSU banks, Allahabad Bank (down 2.3%), Indian Bank (down 2.22%), Corporation Bank (down 1.78%), Bank of Baroda (down 0.98%), Andhra Bank (down 0.81%), Bank of India (down 0.73%), Vijaya Bank (down 0.72%), Syndicate Bank (down 0.66%), UCO Bank (down 0.64%), Dena Bank (down 0.49%), State Bank of India (down 0.4%), Canara Bank (down 0.14%) and Union Bank of India (down 0.14%), edged lower. Punjab National Bank (up 0.11%), Bank of Maharashtra (up 0.29%), United Bank of India (up 0.45%), Central Bank of India (up 0.80%), IDBI Bank (up 1.09%) and Punjab and Sind Bank (up 2.04%), edged higher.

• IT stocks edged higher on weak rupee. MindTree (up 4.26%), HCL Technologies (up 2.75%), Tech Mahindra (up 2.10%), Oracle Financial Services Software (up 1.94%), Wipro (up 1.80%), TCS (up 1.64%), CMC (up 1.29%) and MphasiS (up 0.28%), edged higher. Persistent Systems (down 1.07%) and Hexaware Technologies (down 1.58%), edged lower. A weak rupee boosts revenue of IT firms in rupee terms as the sector derives a lion's share of revenue from exports.

HOT PURSUIT

• The Sensex and the Nifty edged higher for the second consecutive session. The Sensex has risen 211.66 points or 0.83% in the preceding two trading sessions from a recent low of 25,651.84 on 22 September 2015. The Sensex has lost 419.59 points or 1.6% in this month so far (till 24 September 2015). The Sensex has fallen 1,635.92 points or 5.95% in this calendar year so far (till 24 September 2015). From a 52-week low of 24,833.54 hit on 8 September 2015, the Sensex has risen 1,029.96 points or 4.15%. The Sensex is off 4,161.24 points or 13.86% from a record high of 30,024.74 hit on 4 March 2015.

•

A monetary policy review from the Reserve Bank of India (RBI) is scheduled early next week. The RBI announces the fourth bi-monthly monetary policy review for the year 2015-16 on 29 September 2015. The RBI kept its benchmark lending rate viz. the repo rate unchanged at 7.25% after a monetary policy review on 4 August 2015. RBI Governor Dr. Raghuram G. Rajan had at that time indicated in his written monetary policy statement that going ahead RBI will monitor developments for emerging room for further reduction in the policy rate. The RBI has cut the repo rate by 75 basis points since January 2015.

OPTION STRATEGY

1. In today’s session we have seen call buying in 7700 and 7800 strike price, we may see 7700 as a strong support level in coming days. 

2. HINDALCO 75 and 80 calls and puts were so active, we may see buying above 75 level.

3. HDIL 65/70 calls were so active today, we may see more buying as remain above 58.

STOCKS TO WATCH

UPL:

Sell UPL as remain below 490 we may see 450/440 LEVELS, above 490 major resistance will be 545.

VEDANTA:

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

VOLTAS: 

Buy VOLTAS above 250 for the target of 270/280, below 250 major support will be 244.

TOP PICKS OF THE DAY

1. GAIL ABOVE….? TGT…..?STOP LOSS……?

2. SELL ICICI BANK BELOW…..?...TARGET….?..STOPLOSS…?

3. SELL ONGC BELOW….? STOCK MAY SHOW 190/210 LEVEL IN COMING DAYS WITH STOP LOSS…?

OPENING BELL 28-Sep-15

OUR SERVICES: Intraday Trading Calls, Future & Option Tips, Commodity Market Tips,Positional Option Tips, Stock Tips, Commodity Tips, Ncdex Tips 

OPENING BELL:

NIFTY SPOT UP 1 @7869

SENSEX UP 12@25875

BANK NIFTY FUTURES UP 85@17382

 ======================================

CS NIFTY FUTURES (OCTOBER) OVERVIEW

TREND MIXED TO BULLISH

RES2:7975

RES 1:7935     

SUP1:7850

SUP2:7805

 ======================================

CS BANK NIFTY FUTURES (OCTOBER) OVERVIEW

TREND MIXED TO BULLISH

RES 2:17525

RES 1:17435

SUP1: 17115

SUP2: 17055

HAPPY TRADING

WWW.CAPITALSTARS.COM 

+917316790000

CS CLOSING BELL 24-Sep-15

CS CLOSING BELL:

NIFTY SPOT UP 22 &7868

SENSEX UP 40@25862

BANK NIFTY FUTURES UP 75@17197

HAVE A NICE DAY!

WWW.CAPITALSTARS.COM 

+917316790000

DAILY NIFTY SMART MOVERS

SCRIPTS	PRICE	VOLUME             (IN 000’S)		PRE. CLOSE	CHANGE (%)	CHANGE (Rs.)
Lupin	1990.95	2565.72		1922.05	3.58	68.90
HCL Tech.	956.70	1432.06		927.10	3.19	29.60
Tata Power	65.10	6078.22		63.25	2.92	1.85
Indusind Bank	928.40	2688.80		905.55	2.52	22.85
GAIL India	294.15	1096.57		287.30	2.38	6.85

DAILY NIFTY TOP LAGGARDS

SCRIPTS	PRICE	VOLUME (000’S)	PRE. CLOSE	CHANGE (%)	CHANGE (Rs.)
ONGC	226.85	5571.83	236.55	-4.10	-9.70
NMDC	94.65	8349.76	98.25	-3.66	-3.60
Coal India	318.70	5676.53	327.80	-2.78	-9.10
Tata Steel	215.10	5344.42	221.00	-2.67	-5.90
Yes Bank	720.45	3531.19	738.25	-2.41	-17.80

CS OPENING BELL 24-Sep-15

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CS OPENING BELL:

NIFTY SPOT DOWN 12@ 7832

SENSEX DOWN 50@25770

BANK NIFTY FUTURES DOWN 72@17200

CS NIFTY FUTURES (SEPTEMBER) OVERVIEW

TREND MIXED TO BULLISH

RES2:7925

RES 1:7895     

SUP1:7825

SUP2:7795

CS BANK NIFTY FUTURES (SEPT) OVERVIEW

TREND MIXED TO BULLISH

RES 2:17425

RES 1:17325

SUP1: 17025

SUP2:16915

HAPPY TRADING

WWW.CAPITALSTARS.COM

+917316790000

CS CLOSING BELL

CS CLOSING BELL:

NIFTY SPOT DOWN 187 @7792

SENSEX DOWN 612@25582

BANK NIFTY FUTURES DOWN 562@16975

HAVE A NICE DAY!

WWW.CAPITALSTARS.COM 

+917316790000

DAILY NIFTY SMART MOVERS

SCRIPTS	PRICE	VOLUME             (IN 000’S)		PRE. CLOSE	CHANGE (%)	CHANGE (Rs.)
Wipro	595.55	3283.63		592.20	0.57	3.35
Sun Pharma Inds.	902.40	3242.63		899.95	0.27	2.45

DAILY NIFTY TOP LAGGARDS

SCRIPTS	PRICE	VOLUME (000’S)	PRE. CLOSE	CHANGE (%)	CHANGE (Rs.)
Hindalco	73.25	9693.71	78.10	-6.21	-4.85
Vedanta	92.35	7799.19	98.40	-6.15	-6.05
Coal India	324.10	3464.29	342.20	-5.29	-18.10
Tata Motors	315.50	6500.03	331.70	-4.88	-16.20
NTPC	120.95	5179.14	126.75	-4.58	-5.80