INDIAN MARKETS
SENSEX:28182.14(-237.98)
NIFTY:8529.45(-74)
BANKNIFTY(CASH):18723.4(-309.3)
SGXNIFTY:8553(-73)

EUROPEAN MARKETS:
FTSE:6800(+11.33)
CAC:5150.68(+8.19)
DAX:11748.36(+12.64)

ASIAN MARKETS:
NIKKIE:20841.97(+191.05)
STRAITS:3371.41(-2.07)
HANGSANG:25536.43(+131.62)
SANGHAI:4018.62(+26.51)

US FUTURES ON NSE:
DOW FUT:18000(-60)
S&P500 FUT:2121.25(-1.5)

GAINERS:
INFY:+11.13%
BHARTI:+3.68%
HCLTECH:+2.97%
ZEE:+2.26%
TECHM:+1.72%

LOSERS:
SUNPH:-15.06%
VEDANTA:-4.78%
LUPIN:-4.7%
ASIANPAINTS:-4.25%
ULTRATECH:-3.87%

 Markets finish on a weak note; Infosys outperforms

 Hindustan Unilever declines post Q1 results

 Markets continue to trade flat; Nifty holds 8,600

 CNX Pharma index dips 6%; Sun Pharma hits nine-month low

 Thomas Cook rises on NCD rating upgrade

 Caution prevails on D-Street as Monsoon session begins

 CCL Products surges on strong June quarter results

 Bharti Airtel hits 52-week high on talks with Orange to sell African units

 Markets have a cautious start; Infosys surges 7% post Q1 nos

 Sun Pharma plunges on profit warning

 Infosys rallies on better-than-expected Q1 results

Sun Pharma: No sunshine in FY16

Adani Transmission follows port business to offshore bond market

 Hindustan Unilever Q1 net rises 4% to Rs 1,059 crore

 HUL Q1 net flat at Rs 1,059 crore, misses estimates

 Startups driving demand for senior professionals: study

 AP, Telangana to witness contrasting trends in liquor business

 Fidelity Growth to invest in Cipla's consumer healthcare biz

 Ashok Leyland looks to regain lost market share in LCV segment

 Bosch plans to invest Rs 400 cr in Chennai facility

 Consortium approaches HC to quash laptop scheme orders

 Cairn India says merger with parent Vedanta is on track

 Whirlpool Q1 net up 18% at Rs 98 crore

 Vishal Sikka steers Infosys back to high growth trajectory

 Hyundai India launches SUV Creta; price starts at Rs 8.59 lakh

 Neyveli begins talks with unions after employees go on strike

 HDFC Bank Q1 net up 21%, bad loans rise marginally

 Monsoon tours make a splash with discount offers

 Too much focus on one quarter not a good idea: Vishal Sikka

 Force Motors inaugurates new engine facility for BMW near Chennai

 Around 12,000 employees at Neyveli Lignite go on indefinite strike

Infosys Q1 net down 2.2% q-o-q at Rs 3,030 cr, stock zooms

Idea Cellular Q1: Cons Net Profit At Rs 931 Cr Vs Rs 942 Cr (QoQ); CNBC-TV18 Poll Was Rs 905 Cr

Idea Cellular Q1: EBITDA At Rs 3,228.4 Cr Vs Rs 3,064.5 Cr (QoQ); CNBC-TV18 Poll Was Rs 3,175 Cr

Idea Cellular Q1: Volume Growth At 195.8 Bn Minutes Vs 185 Bn Minutes (QoQ)

Idea Cellular Q1: Average Realisation Per Minute At 45.50p Vs 44.80p (QoQ)

Idea Cellular Q1: Voice Realisation At 32.9p Vs 32.8p (QoQ)

Idea Cellular Q1: Minutes Of Usage At 408 Minutes Vs 400 Minutes (QoQ)

Idea Cellular Q1: Average Revenue Per User At Rs 182 Vs Rs 179 (QoQ)

17.07.15 @ 12.51


Buy maruti abv 4200 sl 4160 trgt 4400

Today made low of 4166

16.07.15 @ 11.36

Buy colpal ltp 2040 sl 2010 trgt 2084

Made a high of 2084.80
HIT TRGT

CNX nifty can show good move today above 8624 ....  we can see 8660/8716
If maintains below 8550 ..we can see 8500..8480

CALL OF 16/07/2015

Buy Adaniport ltp 324 sl 320 trgt 336
Made high of 331.90

CALL OF  16/07/2015
BUY BHARTI AIRTEL ABV 428  
 SL 419 TRGT 443
HIGH MADE 447.60
HIT TRGT

 #EarningsAlert: Stocks with 18% weightage on #Nifty report earnings today.

Bloomberg #EarningsPreview: HUL Q1 net profit seen up 9.9% at Rs. 1,120 cr vs Rs. 1,019 cr (YoY).
#EarningsPreview: HUL Q1 net sales seen up 9.8% at Rs. 8,309 cr vs Rs. 7,570 cr (YoY).

#EarningsPreview: @Cairn_India Q1 net profit seen down 7.8% at Rs. 1,007 cr vs Rs. 1,093 cr(YoY).
#EarningsPreview: @Cairn_India Q1 total income seen down 35.5% at Rs. 2,893 cr vs Rs. 4,483(YoY).

#EarningsPreview: @HDFC_Bank Q1 net profit seen up 21.5% at Rs. 2,713 cr vs Rs. 2,233 cr.
#EarningsPreview: @HDFC_Bank Q1 NII seen up 21.2% at Rs. 6,270 cr vs Rs. 5,172 cr (YoY).

#EarningsPreview: @ideacellular Q1 net profit seen down 3.8% at Rs. 906 cr vs Rs. 942 cr (QoQ).
#EarningsPreview: @ideacellular Q1 rev seen up 2.84% at Rs. 8,661 cr vs Rs. 8422.5 cr (QOQ).

#EarningsPreview: @asianpaints Q1 net profit seen up 22% at Rs. 412.2 cr vs Rs. 338.7 cr (YoY).
#EarningsPreview: @asianpaints Q1 total income seen up 7.26% at Rs. 3,606.5 cr vs Rs. 3,362 cr.

#EarningsPreview: @Infosys Q1 net profit seen down 2.6% at Rs. 3,016 cr vs Rs. 3,098 cr (QoQ).
#EarningsPreview: @Infosys Q1 revenue seen up 4.8% at Rs. 14,057 cr vs Rs. 13,411 cr (QoQ).
Source Bloomberg

BofA ML 
On Sun Pharma: Have Cut Target Price To Rs 950/Sh From Rs 1,063/Sh

JUST NOW : Cipla to divest consumer healthcare ops into proposed arm: Cogencis

Bumper results from Hindustan zinc : Pat 1920 cr vs exp of 1650 cr operating margin 45% vs exp of 41% ebita 1650 cr vs exp of 1550 cr

Greece Makes Repayment of Over 2 Billion Euros, No Longer in Default - http://www.ndtv.com/world-news/greece-makes-repayment-of-over-2-billion-euros-no-longer-in-default-783428

TV Today Network approved increase in foreign investment limit by FPI/ FII up to 26 pct; stock up over 4 pct

CALL OF

15/07/2015
Buy Havells ltp 302 sl 296 trgt 322..328
TODAY HIGH MADE 312.85

CALL OF
16/07/2015
BUY BHARTI AIRTEL ABV 428   SL 419 TRGT 443
 TODAY HIGH MADE 433.70

CALL OF16/07/2015
Buy Adaniport ltp 324 sl 320 trgt 336
 TODAY Made high of 331.50

Buy Wock pharma abv 1560 sl 1520 trgt 1584/1640
today made a high of 1575.40

Pre market call 

Sell irb below 238 sl 241 trgt 232

Made low 234.40

Sell nickel below 725 sl 741 trgt 694

Gold low 1090.
Silver low 14.50 
Comex BLEEDING 
GOLD DOWN BY 3 % »  
NG BY 2%  » 
SILVER DOWN BY 1.85 % »
COPPER BY 1 %  & 
CRUDE BY 0.30 %

CLSA ON TATA MOTORS 
Maintan High conviction Buy, Target `600
Stock is pricing in an extremely pessimistic scenario

Analysis suggests pricing in of -10% volume CAGR for JLR China for FY15-17
JLR has multiple buffers in China for better volume, pricing
Strong returns even if we assume more conservative China scenarios

CLSA ON ACC 
Maintain Buy, Target `1900
2Q results much below estimates on weak demand, competition 
Unit Ebitda down to `450/t but expect better days ahead
Cut CY15-17 estimates by 10-16% but believe sector's worst is over
Synergy gains from AC-Ambuja-Lafarge integration would be an upside

CS ON ACC 
Maintain Neutral, Target `1500
Volumes stay weaker than peers while high cost trend continues
20% exposure to South where volumes declined in double digits
Cost trend still do not fully reflect restarted Jharkhand mines
Lower volume growth than peers; higher exposure to linkage coal could increase cost

BOFA ML ON EXIDE 
Cut target to `168 from `206, Maintain Neutral
Margin recovery not too exciting
Weaker inverter battery demand to restrain growth
Cut FY16 EPS by 8% and FY17 EPS by 15%
See limited upside potential on the stock

MS ON PNB 
Cut target to `100 from `105, Maintain Underweight
Elevated credit costs will likely keep re-rating at bay
Reverting to historical high profitability would be very difficult
F16e P/B of 0.65x F16e is not cheap, given weak balance sheet
High stressed exposures keeps co vulnerable to weaker than expected recover

BOFA ML ON OIL & GAS 
OMCs' rerating to continue on "lower for longer" oil prices
Expect earnings upgrade cycle to sustain; PE rerating likely
FY15 core profit up 63% YoY, FY17 profit likely highest ever
Raise HPCL target to `1125 from `704
Raise BPCL target to `1186 from `926
Raise IOC target to `558 from `498

China has declared his gold reserves first time after 2009 and its lower than analysts estimates -- reason for sell off in gold and silver

Intraday 

Cnx Nifty abv 8650 can go 8780..8800
Below 8560 8500..8480

Bank nifty 

Support is 19100
Can go 19400...19800

TECHNICAL VIEW

Nifty 

● After a rally from 8300 to 8600 last week , we can see some retracement in price below 8590 to 8480 levels. 

● Strong support lies around 8440 to 8480 zone. 

● Positional charts are showing that Nifty can go towards its new high

● {Resistance 8800}.   


Bank Nifty :- 

● It has given a breakout around 19000.

● It can show, 20500 in coming week .

● {19400-19800 resistance zone}

● 18400-18800{support zone}

Buy Rel Infra abv 423 sl 400 trgt 480

In Comex, Gold trade @ 1090 @ 5 years low

Asian shares kicked off a brand new trading week with a subdued open, tracking mixed global cues.

Wall Street ended mixed on Friday; A huge rally in Google took the Nasdaq Composite to a second straight record high, while lower energy prices weighed on the blue-chip Dow and the S&P 500.

In Europe, the pan-European Stoxx 600 index closed flat, while Britain's benchmark FTSE 100 index and the German DAX ended the day 0.3 percent lower.

Australian equities treaded water on the back of weaker commodity prices.

BHP Billiton tanked 1.4 percent from the get-go, while Santos shaved off 1.2 percent after energy prices remained downbeat in early Asian trade. Newcrest Mining receded nearly 4 percent as gold prices settled at their lowest levels in five years on Friday.

Major lenders on the S&P ASX 200 index saw a mixed open following the Australian Prudential Regulatory Authority's (APRA) decision to increase the amount of bank capital for residential mortgage loans. The regulator announced early Monday it will raise the bank capital requirements for home loans to at least 25 percent, from 16 percent currently, starting July 2016.

Australia and New Zealand Banking, Commonwealth Bank of Australia and National Australia Bank wavered near the flatline, while Westpac Banking opened down 0.1 percent.

Read MoreThis week in Asia: 5 key data to watch

Kospi slips 0.1%

South Korea's Kospi index stepped slightly into negative territory in early trade.

The heaviest weighted stock, Samsung Electronics, eased 1 percent, contributing significant downward pressure on the bourse. Samsung C&T and Cheil Industries extended losses to plunge 2.3 and 2 percent, respectively, after a majority of the former's shareholders approved a merger with its sister company on Friday.

Shares of both companies plummeted 10.4 and 7.7 percent, respectively, in the previous session.

Outperforming the bourse, chemicals and battery maker LG Chem climbed 2.7 percent after announcing a 56 percent rise in second-quarter net profit on Friday.

Meanwhile, markets in Japan and Indonesia are closed for public holidays.

Oberoi Realty Q1: Cons Net Profit +23.8% At Rs 79.6 Cr Vs Rs 64.3 Cr (YoY)"

Oberoi Realty Q1: Cons Total Income +19.8% At Rs 210.2 Cr Vs Rs 175.4 Cr (YoY)"

Federal Bank Q1: Net Profit At Rs 141.4 Cr Vs Rs 220.2 Cr (YoY)

Federal Bank Q1: Gross NPAs At 2.59% Vs 2.04% (QoQ)"

Federal Bank Q1: Net NPAs At 0.98% Vs 0.73% (QoQ)"

Federal Bank Q1: Provisions At Rs 153 Cr Vs Rs 39.8 Cr (QoQ), Vs Rs 22 Cr (YoY)"

Federal Bank Q1: Tax Expenses At Rs 72.7 Cr Vs Rs 109.2 Cr (YoY)"

Dishman Pharma: Q1 Financial Statement Deferred Due To Difference In Opinion With Auditors"

NASDAQ HITS ALL TIME HIGH 5200 ABOVE 38+

ACC:: PAT at Rs 133 cr vs Rs 243 cr, down 45.3% YoY 
Revenue at Rs 3,015 cr vs Rs 3,060 cr, down 1.5% YoY
Cons Operating Margin At 11.1% Vs Poll Of 12.5%


 A bullish set up in the Indian Nifty 50 - PeterLBrandt PeterLBrandt - http://peterlbrandt.com/a-bullish-set-up-in-the-indian-nifty-50

WORLD EVENTS THIS WEEK :

MONDAY, JULY 20

Canada is to report on wholesale sales.

TUESDAY, JULY 21

The Reserve Bank of Australia is to publish the minutes of its latest monetary policy meeting, giving investors insight into how officials view the economy and their policy options.

Switzerland is to publish data on the trade balance.

The U.K. is to release a report on public sector borrowing.

WEDNESDAY, JULY 22

Australia is to publish data on consumer price inflation, while Reserve Bank of Australia Governor Glenn Stevens will speak at a public event.

The Bank of England is to publish theminutes of its July policy meeting.

The U.S. is to release private sector data on existing home sales as well as a government report on crude oil inventories.

THURSDAY, JULY 23

The Reserve Bank of New Zealand is to announce its benchmark interest rate and publish its rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.

Japan is to produce a report on the trade balance.

Spain is to release its quarterly employment report.

The U.K. is to release data on retail sales.

Later Thursday, the U.S. is to report on initial jobless claims.

Canada is to publish data on retail sales.

FRIDAY, JULY 24

New Zealand is to report on the trade balance.

China is to publish the preliminary reading of the HSBC manufacturing index.

The euro zone is to release survey data on private sector activity.

The U.S. is to round up the week with reports on manufacturing activity and new home sales.

MARKET WEEKAHEAD:

🔵 Corporate earnings, developments in parliament and the progress of monsoon will be key drivers for the markets. 

🔵 Though we have entered the earnings season with low expectations, management commentary holds the key to determine trends in the respective sectors.

🔵 Results are expected from Reliance, Axis Bank, HDFC Bank, HUL, Infosys, Bajaj Auto, Biocon, GAIL, Lupin, CCL, LIC Housing, Ultratech, Asian Paints and Wipro.

🔵 Lot of heavy weights are expected to announce their earnings next week - Reliance, UltraTech Cement, Hindustan zinc, Cairn, Idea, Infosys, Hind Unilver, HDFC Bank, Asian paint, Eicher Motor, Bajaj Finance, Wipro, Lupin, Bajaj Auto, Axis Bank, Gail and others.

🔵 The results of Reliance Industries and Infosys shall determine the tone of the markets.

🔵 One stock to look out for in the private banking space is HDFC Bank. Reliance Industries has also given a breakout and it can again touch around 1120 levels in the short term. Nifty and Bank Nifty both look strong and could continue their upward journey

🔵 Last week, the government reviewed the GST Bill clause by clause and reached a consensus on most issues including providing compensation to states.

🔵 The monsoon session of parliament beginning Tuesday is expected to lead to volatility in the stock markets as political controversies are likely to disrupt proceedings and the passage of key bills, namely GST, land, labour and tax reforms.

🔵 The progress of monsoon has not been satisfactory so far. 

🔵 According to the India Meteorological Department, cumulative rainfall till date is 6 percent below the long-period average. 

🔵 Although kharif (summer crop) planting is up about 62 percent year-on-year, the quantum of rainfall this month is crucial to avert damage.

🔵 The Nifty has been resilient to global events so far and has been able to break the key resistance zone of 8,400-8,500. 

🔵 The domestic bulls have regained strength as can be seen from outperformance of mid- and small-cap stocks, which have rallied sharply between 15-25 percent in a short span of time.

🔵 The passage of key bills in parliament and a pick-up in monsoon rains could act as market boosters.

🔵 The Federal Reserve’s FOMC (Federal Open Market Committee) meet on July 28-29 may give clues to the possibility of a hike in U.S. interest rate. 

🔵 Closer home, RBI policy is due on August 4.

🔵 The markets are way ahead of fundamentals and a weak results season will prove this point in the days to come.

UPCOMING RESULTS

Upcoming Result

20-Jul-15 ULTRACEMCO
20-Jul-15 LICHSGFIN
20-Jul-15 HINDZINC
21-Jul-15 CAIRN
21-Jul-15 IDEA
21-Jul-15 INFY
21-Jul-15 IBULHSGFIN
21-Jul-15 HINDUNILVR
21-Jul-15 HDFCBANK
21-Jul-15 ASIANPAINT
21-Jul-15 EICHERMOT
22-Jul-15 SKSMICRO
22-Jul-15 UBL
22-Jul-15 JSWENERGY
22-Jul-15 BAJFINANCE
22-Jul-15 CEATLTD
23-Jul-15 WIPRO
23-Jul-15 L&TFH
23-Jul-15 LUPIN
23-Jul-15 BIOCON
23-Jul-15 DHFL
23-Jul-15 BAJAJ-AUTO
24-Jul-15 TVSMOTOR
24-Jul-15 M&MFIN
24-Jul-15 GAIL
24-Jul-15 BEL
24-Jul-15 CROMPGREAV
24-Jul-15 AXISBANK
25-Jul-15 IOB
25-Jul-15 HAVELLS
25-Jul-15 HAVELLS
27-Jul-15 AMBUJACEM
27-Jul-15 TECHM
27-Jul-15 JUSTDIAL
27-Jul-15 MRF
27-Jul-15 CENTURYTEX
28-Jul-15 UNIONBANK
28-Jul-15 PNB
28-Jul-15 PIDILITIND
28-Jul-15 HDFC
29-Jul-15 ALBK
29-Jul-15 JSWSTEEL
29-Jul-15 DABUR
29-Jul-15 CASTROLIND
30-Jul-15 KOTAKBANK
30-Jul-15 IDFC
30-Jul-15 ITC
30-Jul-15 DRREDDY
30-Jul-15 COLPAL
31-Jul-15 TITAN
31-Jul-15 ICICIBANK
31-Jul-15 CESC
04-Aug-15 BRITANNIA
07-Aug-15 M&M
07-Aug-15 GRASIM
11-Aug-15 GODREJIND

17/07/2015
Buy nickel ltp 728 sl 724 trgt 735/738
HIGH MADE 734

STOCK AT 52-WEEK HIGH

Aurobindo Pharma 
Cadila Health. 
Dr Reddy's Labs 
Glenmark Pharma. 
Guj.St.Petronet 
H P C L 
HDFC Bank 
Jubilant Food. 
Siemens 
Strides Arcolab 
Vakrangee

17/7/2015 FRIDAY 

INDIAN MARKET:
SENSEX:28463.31(+17.19)
NIFTY:8609.85(+1.8)
BANKNIFTY(CASH):19094.7(-73.35)
SGXNIFTY:8632(-0.5)

EUROPEAN MARKETS:
FTSE:6788.61(-7.84)
CAC:5127.14(+5.64)
DAX:11686.3(-30.46)

ASIAN MARKETS:
NIKKIE:20650.92(+50.8)
HANGSANG:25415.49(+252.49)
SHANGHAI:3957.35(+134.17)

US FUTURES ON NSE
DOW FUTURE:18077.5(-42.5)
S&P500  FUTURES:2121.25(+3.5)

GAINERS:
BHEL:+2.27%
TECHM:+2.1%
M&M:+1.55%
ULTRATECH:+1.53%
ITC:+1.37%

LOSERS:
ASAIANPAINTS:-2.67%
HDFC:-2.43%
COAL:-1.86%
AMBUJA:-1.45%
HUL:-1.34%

 Markets end higher third straight day; Nifty holds 8,600

 Markets end flat amid lacklustre trades

 NIIT hits 52-week high on strong Q1 results

 Castex Technologies down 5% for fourth straight day

 Bharti Infratel gains on talk of acquiring telecom towers

 HDFC Group shares keep markets rangebound; Infosys, TCS up 0.5%

 Deep Industries zooms 20% on promoter buying

India remains in a sweet spot from a long-term perspective: Kapil Bali

Crompton Greaves gains on order from Saudi firm

 Fag Bearings gains on robust profit in June quarter

 Titagarh Wagons gains on acquisition of Italy's Firema Trasporti

 Mindtree gains post Q1 results, acquisition of two companies

 Man Industries hits 52-week high on strong Q1 results

 Rajesh Exports zooms nearly 80% in one month

 Delta Corp gains post Q1 results

 Essar Oil gets BSE approval to delist: sources

GIC Housing Finance Q1 net up 11% at Rs 28 cr

Apollo Hospitals to increase capacity by 25%

 Mahindra forays into branded edible oil space with 'NuPro'

 GAIL to swap US LNG, issue tender next month

 Ginger launches 114-room hotel in Tirupati

 Lupin gets US FDA approval for anti-diabetes drug

 IHG launches Crowne Plaza brand in Chennai

 Suven scientists to present R&D data at US Alzheimer's Conference

 ArcelorMittal does not rule out Karnataka for upcoming steel plant

 We will consider manufacturing in India: Polaris India MD

NIFTY TECHNICAL VIEW

• After a rally from 8300 to 8600 last week , we can see some retracement in price below 8590 to 8480 levels.
• Strong support lies around 8440 to 8480 zone. 
• Positional charts are showing that Nifty can go towards its new high,{Resistance 8800}.   

Bank Nifty :- 

• It has given a breakout around 19000.
• It can show, 20500 in coming week .
• {19400-19800 resistance zone}
• 18400-18800{support zone}

Buy Ambuja cement ltp 253 sl 249 trgt 258
HIGH MADE 254.50

Buy colpal ltp 2040 sl 2010 trgt 2084
Made a high of 2064

BUY BHARTI AIRTEL ABV 428   SL 419 TRGT 443
HIGH MADE 431.40

Buy Adaniport ltp 324 sl 320 trgt 336
Made high of 331.90

LIC HIKES STAKE IN TATA MOTORS FROM 2.61% TO 4.16% IN JUNE END

Buy Maruti abv 4200 sl 4160 trgt 4400

Buy Havells ltp 302 sl 296 trgt 322..328
HIGH MADE 310.50

BREAKING: U.S. jobless claims fell last week for the first time in a month http://t.co/Wrn7fZ3HVj
ECB: Keeps Key Rate Unchanged

16-Jul:
*Stk OI chg: (by highest %)
 -Fresh Longs: MTCL, PIDI, BAF, WPL, ICICI, OFSS, HPCL, CEAT, DIVI, AXSB, CSTRL
 -Fresh Shorts: JUST, BATA, JSW, BIOS, TTMT/A, ADE, NMDC, FB, BOB, SRF, PWGR.
 -Short Cover: KSCL, OINL, ARVND, APTY, MM, Z, IHFL, YES, BHE, RCAPT, BHFC.
 -Long u/w's:  PLNG, DABUR, ICEM, SIB, UTCEM, ONGC, AMTK, RCOM.

*Top OI Gainers: by
MTCL(+32%, +0.1%), PIDI(+21.6%, +1.7%), BAF(+12.2%, +2%), WPL(+9.4%, +4.3%), ICICI(+9.2%, +1%), JUST(+9%, -1.3%), OFSS(+9%, +0.1%)

*Top OI Losers:
KSCL(-7.2%, +0.3%), OINL(-6.4%, +0.3%), ARVND(-6.2%, +0.8%), APTY(-5.7%, +1.8%), MM(-3.2%, +0.9%), Z(-3%, +1.4%), PLNG(-3%, -0.4%)

*Nifty fut OI +8.95lk shs(+4.0%); Prem +19 vs +18
*BkNifty OI +1.71lk shs(+9.1%)
*IndiaVix @ 14.78 (-5.0%); ATM IVs @ 12.1% vs 13.4%
*Nifty Jul Opt OI Chg: in lks:
8400CE:-3.42
8500CE:-5.54
8600CE:-1.82
8700CE:+1.42
8900CE:+3.03

8300PE:-3.38
8400PE:-6.63
8500PE:+16.11
8600PE:+11.77
8700PE:+3.12
*Highest OI @ 8400PE:54.04 & 8600CE:40.40

Nifty report sent on monday 13 july

•NIFTY, LAST WEEK SHOWED A SELLING PRESSURE DUE TO GREECE CONTEXT, WE SAW A GAP-DOWN OPENING ON 8TH JULY.

•NIFTY MADE A LOW OF 8315 ON 10TH JULY AND SHOWED A PULL-BACK RECOVERY IN LATE HOURS, ABOVE 8380, WE CAN SEE SOME PULL-BACK UPTO 8450, {STIFF RESISTANCE}. 

•NIFTY, IF MAINTAINS ABOVE 8450, WE CAN SEE A NEW RALLY TOWARDS ITS ALL TIME HIGH.

•IF MAINTAINS BELOW 8300, AS INFORMED EARLIER, WE CAN SEE 8260-7940 LEVELS.

We can see it going to its all time high

Cnx nifty has broke its resistance of 8560..80 levels if we see a close above 8600 we can see rally upto 8800 which was pending in last days.

 Sell Gold at 25860 sl 25900 trgt 25764

 If nickel maintains abv 725 we can see 750
Copper support is around 353 and resistance around 362 can do both trades with sl.

Cnx nifty if breaks 8580 and maintains we can see 8640

Buy Adaniport ltp 324 sl 320 trgt 336
Made high of 330.85

Nickel (729)

Nickel if trades below 725 we can see 713 /694
Sl 758

CLSA ON ZEE ENT

Raise target to `459 from `441, Maintain Buy
25%+ advertising growth key positive surprise
New channels, network performance help beat industry ad growth
High revenue and earnings visibility make Zee our top media pick

CLSA ON HCL TECH

Maintain Buy, Target `1150
Engineering emerging as a new structural growth driver
CEO is shifting focus to revenue and margin growth
Faster revenue expansion will lead a 16% FY15-18 earnings CAGR
Target implies 20% upside making it the sector's value buy

CREDIT SUISSE ON CADILA HEALTH

Raise target to `1800 from `1600, Maintain Neutral
FY15 annual report shows Cadila has formed a new subsidiary in Dubai
Expect tax rate to reduce to 15% with new structure from existing 18%
Annual Report shows improving performance at Nesher and Biochem
Lower interest cost driven by refinancing of high cost debt
JV margins continue to decline and now only 7% of profit

CREDIT SUISSE ON ZEE ENT

Raise target to `440 from `400, Maintain Outperform
Strong ad growth drives surprise with share gains in regional markets
Subscription revenues to show steady growth before phase-3
See a strong 20% CAGR in earnings from FY17 onwards
Increase FY17 estimates by 4% on slightly higher margin estimates

CITI ON FORTIS HEALTH

Raise target to `235 from `180, Maintain Buy
Execution remains strong, Valuation overhangs falling away
Focus on profitable growth has started paying off
Revised revenues lower & built in higher margins; upgrade FY17 EPS by 46%

JUST IN: #Biocon's arm #Syngene sets IPO price band at Rs 240-250/share (Cogencis)


Syngene International Ltd. IPO update: 

Price Band: Rs. 240 to Rs. 250

Bid Lot: 60 Equity Shares

Issue Size: Rs. 550 Crs at upper band & Rs. 480 Crs at lower band

Issue opens: 27-Jul-15
Issue closes: 29-Jul-15

Tatasteel(273) 
 It is in downtrend and is near its support of 269 if breaks this levels we can see further steep fall in the stock if holds here it can resume and show reversal

Just dail (1131)
 It is in downtrend if breaks below 1127 we can see 1098 if holds around 1127 it can resume to 1200

 Zeel (376)
Zeel is in uptrend but if breaks 374 we can see a dip till 368 if manages to trade above 387 we can see 400 in coming days

 Biocon (490)
Biocon is in uptrend can show 500..514 
For a fresh entry one should wait for a dip in the stock to catch a rally  Below 460..450 levels selling pressure can be seen in the stock
 Mindtree (1227)

Mindtree has a strong support zone 1150..1200 if holds here it can show reversal if breaks these levels we can see 970 in coming days

 Kscl (761)
Kscl is showing consolidated breakout from rhe range of 718.-762 above 762 and it can travel upto 788 if breaks 718 we can see further downfall in the stock

 Tvs motor (266)
Tvs motor might show a dip in this uptrend rally if breaks 263 we can see 256.58 levels and if maintains above 272 ...278 can be seen

India cement (89)
It is near its strong support zone of 88 if holds here we can see reversal in the stock but if breaks these levels we can see 81..78 in coming days

Glenmark (1074)
 Glenmark is on its all time high  For a fresh entry a dip around 1087...1130 can be a gud buying zone 

Century textiles (715)
It can show good momentum rally in coming days 

If it trades abv 730 we can see 760 if breaks 710 it can show 690 levels

MOMEMTUM STOCKS

Mindtree (1227)
Mindtree has a strong support zone 1150..1200 if holds here it can show reversal if breaks these lvls we can see 970 in coming days


Kscl (761)
Kscl is showing consolidated breakout from rhe range of 718.-762 abv 762 and it can travel upto 788 if breaks 718 we can see further downfall in the stock


Tvs motor (266)
Tvs motor might show a dip in this uptrend rally if breaks 263 we can see 256.58 lvls and if maintains abv 272 ...278 can be seen


India cement (89)
It is near its strong support zone of 88 if holds here we can see reversal in the stock but if breaks these lvls we can see 81..78 in coming days

Glenmark (1074)
 Glenmark is on its all time high For a fresh entry a dip around 1087...1130 can be a gud buying zone


Century textiles (715)
It can show gud momemtum rally in coming days 
If it trades abv 730 we can see 760 if breaks 710 it can show 690 lvls


 Tatasteel(273) 
 It is in downtrend and is near its support of 269 if breaks this lvls we can see further steep fall in the stock if holds here it can resume and show reversal

 Just dail (1131)
 It is in downtrend if breaks below 1127 we can see 1098 if holds around 1127 it can resume to 1200

If cnx nifty maintains above  8530 we can see 8560 if maintains below 8500 we can see 8468
Went low 8505  

And reverse now can go 8560
Today high is 8564

Buy nickel ltp 739 sl 730 trgt 744/758
HIT FIRST TRGT
HIGH MADE 753.80

Sell Silver ltp 35158 sl 35300 trgt 35020/34900
SECOND TRGT ACHIEVED
MADE A LOW OF 34721.

Buy zeel ltp 382 sl 378 trgt 388..390

Buy Havells ltp 302 sl 296 trgt 322..328
HIGH MADE 310.50

Buy Sunpharma abv 930 sl 916 trgt 948
TRGT ACHIEVED
MADE A HIGH OF 951.75

For intraday 
Cnx nifty maintains abv 8500...it can cross 8520....jump upto 8560

IMP LVL 


8500⬆⬆
8500⬇⬇

Cnx nifty is above its good bounce back level of 8440 if maintains above this and crosses 8520..70 levels it can catch its uptrend 
If faces resistance around 8520..8570 levels it can fall down to 8440 again..

CLSA ON L&T

Raise target to `2275 from `2100, Maintain Buy
Profitable hi-tech defence businesses to explode
Defence, Nuclear and Aerospace orders are set to multiply 4-5x by FY18
Earnings to go back to growth mode from FY16
Expect a pickup in EPS growth to 26% to support valuations

CLSA ON TITAN

Maintain High conviction Sell, Target 315
Future looks equally grim with decade low return ratios
Regulatory headwinds like capping of Golden Harvest, PAN disclosure
Organised jewellery landscape rapidly changing

CREDIT SUISSE ON MARUTI

Raise target to `5100 from `4370, Maintain Outperform
Higher volumes should continue to drive upgrades
7th Pay Commission should be a big trigger for 4-wheeler demand
Increase our domestic volume growth estimate for FY17 from 17% to 23%
FY17 estimates are now ~20% higher than consensus
Increase in FII limit could be another trigger for MSCI inclusion

BOFA ML ON SBI

Cut target to `375 from `400, Maintain Buy
Well positioned to capitalize on the macro uptick
Worst appears behind in terms of aset quality
Cut target on higher credit costs due to NPL ageing, slower loan growth

CITI ON HINDALCO

Cut target to `125 from `165, Maintain Buy
Cut consol EBITDA by 8-11% for FY16-17
Cut EBITDA on lower realizations for India, higher coal costs
Most of the negative newsflow is largely in the price

NOMURA ON BHARTI INFRATEL

Upgrade to Buy from Neutral
Raise target to `480 from `350
Structural appeal and market positioning remain strong

Management indicates scope for M&A in India / Bangladesh

Buy nickel around 725 sl 722 trgt 742
Trgt achvd today morning

If nifty breaks today's high and maintains abv it we can see a rally of 100 points in coming days

Close abv 8500 imp

Nifty has made a double bottom in charts has collected power to break its resistance of today of 8489 and achieve our targets 


If breaks 8440 please quit as it can fall further to 8398 and lower levels

Breaking News: 
Iranian diplomat says Iran and major powers have reached a nuclear deal.


Aban is thats why 13 % up

40% of Aban Offshore business comes from Iran. Iran Nuclear deal done.

Buy Bhel ltp 272 sl 270 trgt 274/280

Made high now 280.25
SECOND TRGT ACHIEVED

N.G above 184 can show 193 in coming days if faces resistance around 184..183 we can see 175

Buy can bank ltp 301.80 trgt 307 /314 sl 294

If crosses 8490 and maintains stay long for a very good rally if faces resistance here we can see steep fall to 

IMP LEVEL 8488..8494

ABOVE ⬆⬆⬆

Below ⬇⬇⬇

High risk traders can buy nifty ltp 8464 with very strict sl 8440 trgt 8488
Trgt achvd

Intraday call 
Buy Auro pharma ltp 1498 sl 1480 trgt 1512/1528
ALL TRGT ACHIEVED

Made high of 1531.35

NIFTY REPORT FOR SECOND WEEK OF JULY



• Market moving downward since last three weeks on account of ongoing global uncertainty like China meltdown and Grexit that ate into risk appetite of market participants.

• This week, market-participants would be looking towards- Balance of Trade data and June CPI, both released on July 13, 2015.


• BANKNIFTY:  Index initially moved upto almost 19000 & then retested support zone of 18400 & rebounded from there upto 18720 to close flat for the week.

• NIFTY, LAST WEEK SHOWED A SELLING PRESSURE DUE TO GREECE CONTEXT, WE SAW A GAP-DOWN OPENING ON 8TH JULY.

• NIFTY MADE A LOW OF 8315 ON 10TH JULY AND SHOWED A PULL-BACK RECOVERY IN LATE HOURS, ABOVE 8380, WE CAN SEE SOME PULL-BACK UPTO 8450, {STIFF RESISTANCE}. 

• NIFTY, IF MAINTAINS ABOVE 8450, WE CAN SEE A NEW RALLY TOWARDS ITS ALL TIME HIGH.

• IF MAINTAINS BELOW 8300, AS INFORMED EARLIER, WE CAN SEE 8260-7940 LEVELS.

RIIL net profit falls 21 per cent to Rs 444 crore in Q1 http://t.co/w3jJaPlfke -- TOI Business (@TOIBusiness)

SEBI revises the market lot and minimum lot value criteria. Minimum lot value revised to 5 lac. Minimum lot size for stocks reduced to 50 and in multiple of 25 there after. For high value stocks minimum lot size fixed at 10 and multiple of 5. Index minimum lot size fixed  at 10 and multiple of 5 there afterAt current nifty value of appx 8500. New Nifty index lot will be 60. Bank nifty will be 30...applicable from
Oct expiry   ..             

BREAKING NEWS: June CPI Inflation At 5.4% Vs CNBC-TV18 Poll Of 5.04%

Cnx nifty has given a neutral to positive opening if maintains above 8360 levels we can see it can resume back to its resistance levels of 8500 

If breaks 8360 it can fall to 8320 and lower levels
Now high 8461

GREECE NEWS

Greece agrees to raise taxes, cut spending in new reform proposal; European mkts applaud move. Grexit off the table!
EUROPE GOING MAD 3%+
FROM MONDAY ONWARDS NIFTY START JOURNEY FOR 8888

Dax 320+
Cac 145+
Ftse 100+
Dow 230+

Volume Report : 

Jubilant Life Sc [+5.67%] topped by trading 5.4 times its 3-week average volume.

High (rupee) volume activity today was also recorded in 

TCS [-1.96%], 
Sterlite Tech [+13.33%], 
RS Software [-16.21%], 
OnMobile Global [+17.03%], 
Adani Power [-4.52%], 
Vakrangee [-1.15%], 
Tata Power [-0.69%] and 
GRUH Finance [-0.22%] (descending order). 

They all traded over 3.0 times their average daily volume (BSE+NSE) of the last three weeks.

These are the volume toppers from the 240 most active stocks.

May IIP At 2.7%: Manufacturing Sector Output At 2.2% Vs 5.1% (MoM)

10/07/2015
INDIAN MARKETS:
SENSEX:27661.4(+87.74)
NIFTY:8360.55(+32)
BANKNIFTY(CASH)18719.8(+211.1)
SGXNIFTY:8370(+23.5)

EUROPEAN MARKETS:
FTSE:6656.13(+74.5)
CAC:4898.21(140.99)
DAX:11227.23(+230.82)

ASIAN MARKETS:
NIKKIE:19779.83(-75.67)
STRAITS:3279.88(+12.48)
HANGSANG:24901.28(+508.49)
SHANGHAI:3878.94(+169.61)

US FUTURES ON NSE:
DOW FUT:17670(+30)
S&P500 FUT:2069(+5.5)

GAINERS:
VEDANTA:+5.26%
SUNPH:+3.34%
ZEE:+2.31%
BANKBAROD:+2.29%
GRASIM:+2.27%

LOSERS:
BHARTI:-3.36%
IDEA:-2.75%
HUL:-2.31%
TCS:-1.91%
BAJAJAU:-1.77%

 Markets snap 3-day losing streak

 FMCG shares under pressure; Emami dips 5%

 Fund mop-up via preferential route tumbles 48% in May: Sebi

 Sun TV firms up on talk of relief from SC in Aircel-Maxis deal

 Bhushan Steel surges 30% in two days on lender nod for debt restructuring

 Snowman Logistics gains on pact with Compass Group

 BHEL gains on commissioning of 500 MW thermal unit in Tamil Nadu

 Sharon Bio-Medicine zooms over 60% in one week

 TCS dips post June quarter results

 R S Software tanks in early trade on disappointing Q1 results

 KEC International gains on winning orders worth Rs 622 crore

 Monnet Ispat surges 20% on stake sale in Odisha power plant

 Tata Motors bags order for 1,200 trucks from Indian Army

 M&M to seek shareholders' nod to raise Rs 5,000 cr

 Greece, China not going to cause any issues for us: TCS

 Tata Motors to double defence revenues over next three years

 IKEA acquires 13-acre site for retail store in Hyderabad

 Mphasis to transfer domestic business portion to Karvy Data

 Flipkart CTO Amod Malviya moves to advisory role

 Madras HC stays CLB's order which prevented FTIL from selling assets

 Xiaomi to launch non-phone products in India by year-end

 IKEA buys land in Hyderabad; moves closer to open India store

 Ankleshwar waits to shed off 'critically polluted' area tag

 Healthcare stocks: Moderate growth expected in June quarter

 GoAir plane hit by aerobridge at Chennai airport

 Auto industry to employ 15 million people directly by 2022: NSDC

 Aurobindo Pharma gets USFDA nod for Flecainide Acetate tablets

 TiE Chennai to help colleges set up tech incubators

 Prabhat Dairy to raise Rs 300 crore via IPO

 Global woes weigh on Indian steel sector