Beruflich Dokumente
Kultur Dokumente
2015
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MARKET SNAPSHOT
SYMBOL
OPEN
HIGH
LOW
CLOSE
CHANGE
NIFTY
7895
7925
7667
7876
0.87%
SENSEX
25916
26124
25298
25982
0.94%
Nifty levels:
Nifty spot close @7876
Nifty future close @7907
SYMBOL
NIFTY SPOT
NIFTY
FUTURE
S1
7720
7739
S2
7564
7571
PIVOT
7822
7832
R1
7978
8000
R2
8080
8093
Selling opportunity as remain below 8100 we may see 7600-7500 in coming days. Above
8100 major resistance zone will be 8200-8250.
SYMBOL
S1
S2
PIVOT
R1
R2
BANKNIFTY
SPOT
BANKNIFTY
FUTURE
16818
16444
17044
17418
17644
16572
15894
16223
17601
17952
Banknifty selling opportunity below 17300 we may see 16900/16500 level in coming days.
Major support zone will be 16200-16150.
Market Commentary
MARKET COMMENTERY
A rebound in global stocks aided recovery on the domestic bourses after the carnage
witnessed yesterday, 24 August 2015. The barometer index, the S&P BSE Sensex, was up
351.37 points or 1.36% to 26,092.93, as per provisional closing data. The gains for the
Sensex in percentage terms were higher than those for the 50-unit CNX Nifty. The Nifty
was was up 71.70 points or 0.92% at 7,880.70, as per provisional closing data. Oil, metal
and banking stocks led recovery for key benchmark indices. The Sensex provisionally
settled above the psychological 26,000 level, having alternately moved above and below
that mark in intraday trade. A rout in global stock markets triggered by concerns of a
slowdown in China's economic growth took the Sensex below the psychological 26,000
level yesterday, 24 August 2015.
STOCK BUZZ
Banks shares edged higher. Among PSU banks, State Bank of India (up 3.42%),
Indian Bank (up 3.38%), Vijaya Bank (up 2.42%), Punjab National Bank (up
2.18%), Union Bank of India (up 1.88%), Canara Bank (up 1.68%), Dena Bank
(up 1.56%), Allahabad Bank (up 1.28%), Andhra Bank (up 1.24%), Bank of India
(up 1.21%), Corporation Bank (up 0.85%), Bank of Baroda (up 0.79%), United
Bank of India (up 0.70%), Syndicate Bank (up 0.23%), Bank of Maharashtra (up
0.15%) and UCO Bank (up 0.11%), edged higher. Punjab and Sind Bank (down
1.4%), IDBI Bank (down 1.66%) and Central Bank of India (down 9.66%), edged
lower.
Most metal shares edged higher. Vedanta (up 7.66%), Tata Steel (up 4.29%),
Hindustan Zinc (up 3.38%), JSW Steel (up 3.29%), Hindalco Industries (up
2.60%), Steel Authority of India (up 2.38%), Jindal Steel & Power (up 1.70%),
Bhushan Steel (up 1.40%) and NMDC (up 0.11%), edged higher. National
Aluminium Company (down 0.17%) and Hindustan Copper (down 2.29%)
edged lower.
HOT PURSUIT
Meanwhile, Parliamentary Affairs Minister Venkaiah Naidu reportedly said today,
25 August 2015, that the government is considering reconvening Parliament to get
the Parliament's nod for the Goods and Service Tax (GST) bill. The government
failed to get the GST bill passed during the recently concluded monsoon session of
parliament.
India's weather office, the India Meteorological Department (IMD), said in a daily
report issued yesterday, 24 August 2015, that for the country as a whole,
cumulative rainfall during this year's monsoon season was 11% below the Long
Period Average (LPA) until 24 August 2015. Region wise, the rainfall was 19% below
the LPA in South Peninsula, 14% below the LPA in Central India, 6% below the LPA
in East & Northeast India and 4% below the LPA in Northwest India until 24 August
2015.
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 97 for the target of 85/80 in coming days, keep sell on rise.
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