1Alankit Assignments Ltd...Germany, Sweden. Bharti, Grasim, Ambuja Cement, ACC and Ultratech Cement...

Alankit Assignments Ltd 1 | P a g e


TABLE OF CONTENTS

1. Coffee With Alankit

2. Financial And Economic Wrap Up

3. Indices Performance

4. Global Markets

5. Equity Market Wrap Up

6. Nifty Top 5 Gainers

7. Nifty Top 5 Losers

8. F And O Wrap Up

9. Trading Turnover

10. Institutional Flows Equity

11. Money Market Wrap Up

12. Policy Rate

13. Daily Rates

14. Mutual Fund And Insurance Wrap Up

15. Liquidity Indicators

16. Top 5 Traded G Sec

17. International Metal And Energies Wrap Up

18. Commodity Market

19. Forex Wrap Up

20. Currency Market

21. Nifty Short Term Trend

22. Technical Picks

23. Bank Nifty Calls

24. Nifty Calls


25. Options Calls

26. Technical Calls

27. Corporate Action

28. News Update

29. International Market Update

30. NSE Support And Resistance


Coffee With Alankit – Your Morning Companion

Dear Institutional Clients,

Sensex sprinting to a record close above 27000 mark !!! Yesterday was another historic day for our benchmark indices as the day started with another strong rally. The Sensex closed above the 27,000 level for the first time, at 27019, up 0.57 per cent (152 points), after touching the day’s high of 27082.85 while the Nifty closed at 8083, up 0.69 per cent (55 points), after touching the historical mark of 8100 levels. Bulls went crazy on the street after the country's balance of payments remained in surplus for the third straight quarter during Apr-Jun 2014. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.84 percent and 0.91 percent, respectively. Even Market breadth was positive on the BSE with 1720 gainers against 1281 losers. Among BSE sectoral indices, BSE Consumer Durables index rose the most (2.76 per cent), followed by Healthcare 1.84 per cent, Oil & Gas 1.04 per cent and Realty 0.75 per cent. On the other hand, Metal was the only sector ended with major loss (0.80 per cent), whereas Power and Capital Goods ended flat. Stockwise, Cipla was the top gainer in Nifty as it closed up by 5.38 percent on back of launch of inhaler Seroflo in Germany, Sweden. Bharti, Grasim, Ambuja Cement, ACC and Ultratech Cement were top gainers in Nifty, up by 4.31 per cent, 3.82 per cent, 3.65 per cent, 3.63 per cent and 2.75 per cent respectively. Whereas, prominent losers in the Nifty include Jindal Steel that plunged 3.65 per cent, SSLT 1.82 per cent, Tata Power 1.16 per cent, Hindustan Unilever 1.02 per cent and Tata Steel 0.92 per cent. On economic data front, India’s current account deficit (CAD) for this financial year’s first quarter, April to June, narrowed sharply to 1.7 per cent of gross domestic product ($7.8 billion) from 4.8 per cent of GDP ($21.8 bn) in the corresponding period of 2013-14. Further, India's balance-of-payments remained in surplus for the third straight at $11.2 billion for Apr-June 2014. Technically, Nifty has given breakout from ‘Rising channel’ in daily chart and sustained well above the same. Key Oscillators RSI, Stochastic and MACD have continued their journey toward north in line with prices on both daily as well as weekly chart. Still there is no sign of reversal seen on charts, thus traders should hold long positions with trailing stoplosses. On the flipside, since the markets are moving in upside direction from five consecutive sessions, a pullback from current levels cannot be ruled out. Going forward, the individual stocks are likely to outperform the market. Immediate resistance for Nifty is placed at 8128 - 8176 levels. Whereas, 8020 - 7970 would now provide a decent support for the index.

Have a splendid and profitable day with Alankit!


Financial & Economic Wrap Up

• India’s current account deficit (CAD) for this financial

year’s first quarter, April to June, narrowed sharply to 1.7

per cent of gross domestic product ($7.8 billion) from 4.8

per cent of GDP ($21.8 bn) in the corresponding period of

2013-14. Further, India's balance-of-payments remained

in surplus for the third straight at $11.2 billion for Apr-

June 2014. (BS)

• Debt mobilisation through corporate bonds on private

placement basis fell by 55 % to Rs 43,147 crore in the first

quarter of the financial year 2014-15 from Rs 96,186

crore in the corresponding period previous year, the

country's premier database on primary capital market

Prime stated on Monday. (ET)

• Norms to raise additional tier-I, II capital eased. The

Reserve Bank of India (RBI) on Monday eased the norms

for investing in banks’ additional tier-I and tier-II capital.

This would ease pressure on the government to infuse

capital into public sectors banks to meet Basel-III norms

by March 2019, bankers said. (BS)

• Amid fall in sowing area and below normal monsoon

reported in this kharif season so far, urea imports have

decreased by 54 per cent to 20.31 lakh tonnes (LT) in the

first five months of 2014-15. (ET)

Equity Market Wrap Up

• The Sensex has ended with the gain of 151.84 points,

0.57 percent, at 27019.39.

• The 50-share NSE Nifty has closed with the gains of 55.35

points, 0.69 percent, at 8083.05, after gap up opening at

7990.35. The SX40 index of MCX-SX ended with the gain

of 102.46 points at 15927.73.

• Only Metal sector was the prominent loser. Consumer

Durables, Healthcare and Oil & Gas sectors were top

gainers up 2.76%, 1.84% and 1.04% respectively.

• Market breadth was positive on the BSE with 1750

gainers against 1244 losers.

F & O Wrap Up

• Nifty September 2014 Future was closed at 8121.45, a

premium of 38.40 points over spot closing of 8083.05.

• Turnover on NSE’s Futures & Options segment increased

from Rs 122494.75 crore to Rs 155353.92 crore.

• The Nifty Put‐Call stood at 1.14 compared to the previous

day’s figure of 1.01.

• India VIX has increased by 3.54% to close at 13.53.

• The open interest on Nifty Futures increased by 3.46

lakhs to 1.67 crores in the previous trading session.

Financial & Economic Wrap Up

• India’s current account deficit (CAD) for this financial

year’s first quarter, April to June, narrowed sharply to 1.7

per cent of gross domestic product ($7.8 billion) from 4.8

per cent of GDP ($21.8 bn) in the corresponding period of

2013-14. Further, India's balance-of-payments remained

in surplus for the third straight at $11.2 billion for Apr-

June 2014. (BS)

• Debt mobilisation through corporate bonds on private

placement basis fell by 55 % to Rs 43,147 crore in the first

quarter of the financial year 2014-15 from Rs 96,186

crore in the corresponding period previous year, the

country's premier database on primary capital market

Prime stated on Monday. (ET)

• Norms to raise additional tier-I, II capital eased. The

Reserve Bank of India (RBI) on Monday eased the norms

for investing in banks’ additional tier-I and tier-II capital.

This would ease pressure on the government to infuse

capital into public sectors banks to meet Basel-III norms

by March 2019, bankers said. (BS)

• Amid fall in sowing area and below normal monsoon

reported in this kharif season so far, urea imports have

decreased by 54 per cent to 20.31 lakh tonnes (LT) in the

first five months of 2014-15. (ET)

Equity Market Wrap Up

• The Sensex has ended with the gain of 151.84 points,

0.57 percent, at 27019.39.

• The 50-share NSE Nifty has closed with the gains of 55.35

points, 0.69 percent, at 8083.05, after gap up opening at

7990.35. The SX40 index of MCX-SX ended with the gain

of 102.46 points at 15927.73.

• Only Metal sector was the prominent loser. Consumer

Durables, Healthcare and Oil & Gas sectors were top

gainers up 2.76%, 1.84% and 1.04% respectively.

• Market breadth was positive on the BSE with 1750

gainers against 1244 losers.

F & O Wrap Up

• Nifty September 2014 Future was closed at 8121.45, a

premium of 38.40 points over spot closing of 8083.05.

• Turnover on NSE’s Futures & Options segment increased

from Rs 122494.75 crore to Rs 155353.92 crore.

• The Nifty Put‐Call stood at 1.14 compared to the previous

day’s figure of 1.01.

• India VIX has increased by 3.54% to close at 13.53.

• The open interest on Nifty Futures increased by 3.46

lakhs to 1.67 crores in the previous trading session.

Indices Performance

Index 02-Sept-14 Previous Close % Change#

S&P BSE Sensex 27019.39 26687.55 0.57

CNX Nifty 8083.05 8027.70 0.69

CNX Midcap 11397.35 11334.90 0.55

CNX 500 6484.35 6438.45 0.71

S&P BSE Smallcap 10492.42 10397.59 0.91

Global Markets


Dow Jones 17,067.56 17,098.45 -0.18

Nasdaq 4,598.19 4,580.27 0.39

S&P 500 2,002.28 2,003.37 -0.05

FTSE 6,829.17 6,825.31 0.06

CAC 4,378.33 4,379.73 -0.03

Nifty Top 5 Gainers

Company 02-Sept-14 Previous Close % Change#

CIPLA 557.6 529.15 5.38

BHARTIARTL 392 375.8 4.31

GRASIM 3607.3 3474.7 3.82

AMBUJACEM 216.05 208.45 3.65

ACC 1553.95 1499.55 3.63

Nifty Top 5 Losers


JINDALSTEL 238.95 248 -3.65

SSLT 278.1 283.25 -1.82

TATAPOWER 89.15 90.2 -1.16

HINDUNILVR 732.85 740.4 -1.02

TATASTEEL 519.3 524.1 -0.92

Trading Turnover

Description (Rs in Cr) 02-Sept-14 Change % Change#

NSE 16,501.80 1,196.68 7.82

BSE 3350.92 409.42 13.92

Index Fut 12,381.17 2,676.82 27.58

Stock Fut 26,837.13 2,671.59 11.06

Index Opt 105,273.66 26,834.08 34.21

Stock Opt 10,860.70 675.53 6.63

F & O Total 155,353.92 32,859.17 26.82

Institutional Flows (Equity)

Description (Rs in Cr) Purchases Sales Net

FII Flows 3876.27 3203.46 672.81

DII Flows 1820.36 1988.21 -167.85

# % change is the over the previous days close.

Indices Performance


S&P BSE Sensex 27019.39 26687.55 0.57

CNX Nifty 8083.05 8027.70 0.69

CNX Midcap 11397.35 11334.90 0.55

CNX 500 6484.35 6438.45 0.71

S&P BSE Smallcap 10492.42 10397.59 0.91

Global Markets


Dow Jones 17,067.56 17,098.45 -0.18

Nasdaq 4,598.19 4,580.27 0.39

S&P 500 2,002.28 2,003.37 -0.05

FTSE 6,829.17 6,825.31 0.06

CAC 4,378.33 4,379.73 -0.03

Nifty Top 5 Gainers


CIPLA 557.6 529.15 5.38

BHARTIARTL 392 375.8 4.31

GRASIM 3607.3 3474.7 3.82

AMBUJACEM 216.05 208.45 3.65

ACC 1553.95 1499.55 3.63

Nifty Top 5 Losers


JINDALSTEL 238.95 248 -3.65

SSLT 278.1 283.25 -1.82

TATAPOWER 89.15 90.2 -1.16

HINDUNILVR 732.85 740.4 -1.02

TATASTEEL 519.3 524.1 -0.92

Trading Turnover

Description (Rs in Cr) 02-Sept-14 Change % Change#

NSE 16,501.80 1,196.68 7.82

BSE 3350.92 409.42 13.92

Index Fut 12,381.17 2,676.82 27.58

Stock Fut 26,837.13 2,671.59 11.06

Index Opt 105,273.66 26,834.08 34.21

Stock Opt 10,860.70 675.53 6.63

F & O Total 155,353.92 32,859.17 26.82

Institutional Flows (Equity)

Description (Rs in Cr) Purchases Sales Net

FII Flows 3876.27 3203.46 672.81

DII Flows 1820.36 1988.21 -167.85



Money Market Wrap Up

• India's benchmark 10-year bond yield ended down 3 basis

points at 8.52 percent on speculation the government

may increase the investment limits for foreign portfolio

investors, bringing alive debt markets that have

stagnated over the past couple of months. (Reuters)

• The benchmark five-year swap rate ended 2 bps lower at

8.00 percent and the one-year rate closed down 1 bp at

8.44 percent. (Reuters)

• India's cash rate ended lower at 6.90/7.00 percent

against the previous close of 7.00/7.10 percent, below

the repo rate on ample liquidity. (Reuters)

Mutual Fund & Insurance Wrap Up

• UTI Mutual Fund has announced to roll over UTI Fixed

Term Income Series XVI-IV (369 days) for 745 days. Now

the scheme will mature on September 29, 2016.

(ValueResearch)

• HDFC Mutual Fund has preponed the closing date of

HDFC FMP 1099D August 2014 (1) to September 04,

2014, against the previous September 09, 2014.

(ValueResearch)

International Metals & Energies Wrap Up

• WTI crude fell amid speculation that weakening

manufacturing from Germany to China will cap global oil

demand. Brent declined in London. (Bloomberg)

• Copper advanced in London as U.S. manufacturing

expanded at the quickest clip in three years and

construction spending rebounded, signaling increased

demand. (Bloomberg)

• Gold and silver futures tumbled to 11-week lows as U.S.

manufacturing in August expanded at the fastest pace in

three years, bolstering prospects for the economy and

damping demand for the precious metals as a haven.

(Bloomberg)

Forex Wrap Up

• A dollar gauge rallied to the highest level since January

amid speculation an improving U.S. economy will bolster

the case for the Federal Reserve to raise interest rates

next year sooner than some traders anticipate.

(Bloomberg)

• Brazil’s shorter-term swap rates climbed as a report

showed industrial output rose more than analysts had

forecast, adding to speculation that policy makers will

resume raising borrowing costs next year. (Bloomberg)

• The ruble headed for its longest losing streak in almost a

month and bonds declined as the European Union

weighed tougher sanctions over the conflict with Ukraine.

Russia pulled its seventh debt sale in a row. (Bloomberg)

Money Market Wrap Up

• India's benchmark 10-year bond yield ended down 3 basis

points at 8.52 percent on speculation the government

may increase the investment limits for foreign portfolio

investors, bringing alive debt markets that have

stagnated over the past couple of months. (Reuters)

• The benchmark five-year swap rate ended 2 bps lower at

8.00 percent and the one-year rate closed down 1 bp at

8.44 percent. (Reuters)

• India's cash rate ended lower at 6.90/7.00 percent

against the previous close of 7.00/7.10 percent, below

the repo rate on ample liquidity. (Reuters)

Mutual Fund & Insurance Wrap Up

• UTI Mutual Fund has announced to roll over UTI Fixed

Term Income Series XVI-IV (369 days) for 745 days. Now

the scheme will mature on September 29, 2016.

(ValueResearch)

• HDFC Mutual Fund has preponed the closing date of

HDFC FMP 1099D August 2014 (1) to September 04,

2014, against the previous September 09, 2014.

(ValueResearch)

International Metals & Energies Wrap Up

• WTI crude fell amid speculation that weakening

manufacturing from Germany to China will cap global oil

demand. Brent declined in London. (Bloomberg)

• Copper advanced in London as U.S. manufacturing

expanded at the quickest clip in three years and

construction spending rebounded, signaling increased

demand. (Bloomberg)

• Gold and silver futures tumbled to 11-week lows as U.S.

manufacturing in August expanded at the fastest pace in

three years, bolstering prospects for the economy and

damping demand for the precious metals as a haven.

(Bloomberg)

Forex Wrap Up

• A dollar gauge rallied to the highest level since January

amid speculation an improving U.S. economy will bolster

the case for the Federal Reserve to raise interest rates

next year sooner than some traders anticipate.

(Bloomberg)

• Brazil’s shorter-term swap rates climbed as a report

showed industrial output rose more than analysts had

forecast, adding to speculation that policy makers will

resume raising borrowing costs next year. (Bloomberg)

• The ruble headed for its longest losing streak in almost a

month and bonds declined as the European Union

weighed tougher sanctions over the conflict with Ukraine.

Russia pulled its seventh debt sale in a row. (Bloomberg)

Policy Rates

Key Rates (%) 02-Sept-14 1 Week Ago 1 Month Ago

Reverse Repo 7.00 7.00 7.00

Repo 8.00 8.00 8.00

CRR 4.00 4.00 4.00

SLR 22.00 22.00 22.50

Bank Rate 9.00 9.00 9.00

Daily Rates

Key Rates (%) 02-Sept-14 Previous Close % Change#

NSE MIBOR O/N 7.53 7.97 -5.52

CALL 7.38 7.52 -1.86

CBLO 7.27 7.74 -6.07

OIS-1Yr 8.45 8.46 -0.12

OIS-5Yr 8.02 8.03 -0.12

Liquidity Indicators

Description (INR Cr) 02-Sept-14 1 Week Ago 1 Month Ago

Govt.Securities 23,323.03 12,968.65 22,897.10

Call Money 10116 14011 12133

CBLO 69568 79707 75016

LAF 2416 17322 20792

Treasury Bills 3,239.25 1,710.36 5,229.89

Top 5 traded G ‐ Sec

Security Maturity % Closing Yield % Change#

8.40% GS 2024 28-Jul-24 8.5279 -0.24

8.60% GS 2028 2-Jun-28 8.6948 -0.16

8.83% GS 2023 25-Nov-23 8.6916 -0.20

8.27% GS 2020 9-Jun-20 8.6239 0.00

8.12% GS 2020 10-Dec-20 8.6876 -0.13

Commodity Market

Commodities (INR) 02-Sept-14 Gains+/Loss % Change#

Gold (10gm) 27550 -384 -1.37

Silver (1Kg) 41590 -414 -0.99

Crude Oil (1 barrel) 5667 -154 -2.65

Aluminium (1 Kg) 127.3 0.6 0.47

Copper (1Kg) 428.7 1.3 0.30

Currency Market

Currency 02-Sept-14 Gains+/Loss %Change#

USD/INR 60.6100 0.1355 0.22

EUR/INR 79.5627 -0.2993 -0.37

GBP/INR 100.4853 0.1339 0.13

JPY/INR 57.8100 -0.4600 -0.79


Policy Rates

Key Rates (%) 02-Sept-14 1 Week Ago 1 Month Ago

Reverse Repo 7.00 7.00 7.00

Repo 8.00 8.00 8.00

CRR 4.00 4.00 4.00

SLR 22.00 22.00 22.50

Bank Rate 9.00 9.00 9.00

Daily Rates

Key Rates (%) 02-Sept-14 Previous Close % Change#

NSE MIBOR O/N 7.53 7.97 -5.52

CALL 7.38 7.52 -1.86

CBLO 7.27 7.74 -6.07

OIS-1Yr 8.45 8.46 -0.12

OIS-5Yr 8.02 8.03 -0.12

Liquidity Indicators

Description (INR Cr) 02-Sept-14 1 Week Ago 1 Month Ago

Govt.Securities 23,323.03 12,968.65 22,897.10

Call Money 10116 14011 12133

CBLO 69568 79707 75016

LAF 2416 17322 20792

Treasury Bills 3,239.25 1,710.36 5,229.89

Top 5 traded G ‐ Sec

Security Maturity % Closing Yield % Change#

8.40% GS 2024 28-Jul-24 8.5279 -0.24

8.60% GS 2028 2-Jun-28 8.6948 -0.16

8.83% GS 2023 25-Nov-23 8.6916 -0.20

8.27% GS 2020 9-Jun-20 8.6239 0.00

8.12% GS 2020 10-Dec-20 8.6876 -0.13

Commodity Market

Commodities (INR) 02-Sept-14 Gains+/Loss % Change#

Gold (10gm) 27550 -384 -1.37

Silver (1Kg) 41590 -414 -0.99

Crude Oil (1 barrel) 5667 -154 -2.65

Aluminium (1 Kg) 127.3 0.6 0.47

Copper (1Kg) 428.7 1.3 0.30

Currency Market

Currency 02-Sept-14 Gains+/Loss %Change#

USD/INR 60.6100 0.1355 0.22

EUR/INR 79.5627 -0.2993 -0.37

GBP/INR 100.4853 0.1339 0.13

JPY/INR 57.8100 -0.4600 -0.79



p

.rend

o

Nifty Short Term Trend

The markets wrapped out the day with a bullish condescending

arrogance with the benchmark indices Sensex whizzing to a new

closing high of 27019 and the Nifty sprinting to a record close of

8083 on Tuesday as FIIs continued to show faith in an economy

showing signs of stability.

Technically, Nifty has given breakout from ‘Rising channel’ in

daily chart and sustained well above the same. Since Oscillators

RSI, Stochastic and MACD are positively placed along with price

pattern, there is no sign of reversal on cards. There is gap

between price and '6-day EMA' (7985), which may result into

either time correction or price correction in upcoming sessions.

On the flipside, since the markets are moving in upside direction

from five consecutive sessions, a pullback from current levels

cannot be ruled out. Thus, traders should hold long positions

with strict trailing stoplosses.

Going forward, the individual stocks are likely to outperform the

market. Immediate resistance for Nifty is placed at 8128 - 8176

levels. Whereas, 8020 - 7970 would now provide a decent

support for the index.

Nifty Short Term Trend

The markets wrapped out the day with a bullish condescending

arrogance with the benchmark indices Sensex whizzing to a new

closing high of 27019 and the Nifty sprinting to a record close of

8083 on Tuesday as FIIs continued to show faith in an economy

showing signs of stability.

Technically, Nifty has given breakout from ‘Rising channel’ in

daily chart and sustained well above the same. Since Oscillators

RSI, Stochastic and MACD are positively placed along with price

pattern, there is no sign of reversal on cards. There is gap

between price and '6-day EMA' (7985), which may result into

either time correction or price correction in upcoming sessions.

On the flipside, since the markets are moving in upside direction

from five consecutive sessions, a pullback from current levels

cannot be ruled out. Thus, traders should hold long positions

with strict trailing stoplosses.

Going forward, the individual stocks are likely to outperform the

market. Immediate resistance for Nifty is placed at 8128 - 8176

levels. Whereas, 8020 - 7970 would now provide a decent

support for the index.

Outlook for the Day

Sideways

Market Indices

Sensex: 27019

Nifty: 8083

Trend

Positive

Short Term Trend Reversal

Only Below 7540

Strategy

Buy on declines

Level to watch

Support: 8020, 7970

Resistance: 8128, 8176

Technical Picks

INDIA CEMENT

CENTURY TEX

Outlook for the Day

Sideways

Market Indices

Sensex: 27019

Nifty: 8083

Trend

Positive

Short Term Trend Reversal

Only Below 7540

Strategy

Buy on declines

Level to watch

Support: 8020, 7970

Resistance: 8128, 8176

Technical Picks

INDIA CEMENT

CENTURY TEX


Technical Picks INDIA CEMENT CASH - BUY CMP: 118.90

CENTURY TEX CASH - BUY CMP: 630.60

As seen in the chart, stock prices of INDIACEM have given a bullish breakout known as 'INVERSE HEAD AND SHOULDER'. The said pattern is supported with good increase in volume. The impact of the above pattern can lead prices to an upside of 130/142 in near term. In daily chart prices are trading well above its short term and medium term moving averages i.e. 20SMA, 50SMA and 200SMA which indicates overall bullishness in the counter. Technically looking on all the above parameters a strong upside from the current levels cannot be ruled out. Recommendation: We recommend positional

traders to go long in INDIACEM CASH at/above

118 with SL of 112 for TARGETS of 130/142.

As seen in the chart, stock prices of INDIACEM have given a bullish breakout known as 'INVERSE HEAD AND SHOULDER'. The said pattern is supported with good increase in volume. The impact of the above pattern can lead prices to an upside of 130/142 in near term. In daily chart prices are trading well above its short term and medium term moving averages i.e. 20SMA, 50SMA and 200SMA which indicates overall bullishness in the counter. Technically looking on all the above parameters a strong upside from the current levels cannot be ruled out. Recommendation: We recommend positional

traders to go long in INDIACEM CASH at/above

118 with SL of 112 for TARGETS of 130/142.

If we analyze the weekly charts, stock prices of CENTURY TEX are in strong bull trend as the prices are continuously moving in a 'HIGHER TOP HIGHER BOTTOM' price cycle. As seen in the chart stock prices since last one month were trading in a range of 620 - 575 and yesterday the prices by giving a close above 620 have given a bullish breakout. The impact of the breakout can lead prices to an upside of 660/675 in near term. In daily chart, momentum oscillators like RSI and MACD are in positive zone supporting the buy call.

Recommendation: Looking on the entire above scenario we recommend positional traders to go long in CENTURY TEX CASH at/above 622 with SL of 598 for TARGETS of 660/675.

If we analyze the weekly charts, stock prices of CENTURY TEX are in strong bull trend as the prices are continuously moving in a 'HIGHER TOP HIGHER BOTTOM' price cycle. As seen in the chart stock prices since last one month were trading in a range of 620 - 575 and yesterday the prices by giving a close above 620 have given a bullish breakout. The impact of the breakout can lead prices to an upside of 660/675 in near term. In daily chart, momentum oscillators like RSI and MACD are in positive zone supporting the buy call.

Recommendation: Looking on the entire above scenario we recommend positional traders to go long in CENTURY TEX CASH at/above 622 with SL of 598 for TARGETS of 660/675.


BANKNIFTY CALLS: RANGE FOR THE DAY IS 16060 - 16422

SCRIP SIGNAL ENTRY LEVELS TARGET STOP LOSS

BANKNIFTY FUTURES BUY AT/ABOVE 16128 16295/16390/16500 16026

IF BANKNIFTY HITS 16390 AND RETRACES THEN SELL BANKNIFTY AT/BELOW 16340

BANKNIFTY FUTURES SELL AT/BELOW 16340 16206/16100/16000 16422

BANKNIFTY FUTURES IS STRONG ABOVE 16116

NIFTY CALLS FOR THE DAY: RANGE FOR THE DAY IS 8075 – 8180


NIFTY FUTURES BUY AT/ABOVE 8096 8148/8172/8198 8049

IF NIFTY FUT HITS 8172 AND RETRACES THEN SELL NIFTY FUT AT/BELOW 8155

NIFTY FUTURES SELL AT/BELOW 8155 8100/8072/8040 8181

NIFTY FUTURE IS STRONG ABOVE 8090

OPTIONS CALLS

SCRIP STRIKE

PRICE

SIGNAL ENTRY LEVELS TARGET STOP LOSS

BANKNIFTY 16200CE BUY AT/ABOVE 240 355/410/465 180

BANKNIFTY 16000PE BUY AT/ABOVE 170 285/340/395 135

NIFTY 8200CE BUY AT/ABOVE 55 74/89/105 43

NIFTY 8000PE BUY AT/ABOVE 44 62/76/89 32

ICICIBANK 1600CE BUY AT/ABOVE 32 46/59/71 25

ICICIBANK 1600PE BUY AT/ABOVE 34 48/61/73 27

INFY 3600CE BUY AT/ABOVE 65 90/106/123 49

INFY 3600PE BUY AT/ABOVE 48 63/75/88 39

RELIANCE 1040CE BUY AT/ABOVE 16 28/37/45 11

RELIANCE 1020PE BUY AT/ABOVE 13 21/29/37 8

SBIN 2550CE BUY AT/ABOVE 49 65/77/92 40

SBIN 2500PE BUY AT/ABOVE 44 62/71/86 35

TECHNICAL CALLS


INDIA CEM CASH BUY AT/ABOVE 118 130/136/142 112

CENTURY TEX CASH BUY AT/ABOVE 622 660/668/675 598

HDFC LTD FUT SELL AT/BELOW 1080 1052/1045/1031 1098

GLENMARK CASH BUY AT/ABOVE 725 748/761/775 711

UBL CASH BUY AT/ABOVE 707 727/741/755 695

SIEMENS FUT SELL AT/BELOW 843 821/810/795 864


CORPORATE ACTION

Company Purpose Date

UNITED SPIRITS Result September 03, 2014

PIIND Final Dividend - Rs.1.00 September 03, 2014

TNPL Dividend - Rs.6.00 September 03, 2014

SUPREMEINF Dividend - Rs.1.50 September 03, 2014

NEWS UPDATES

Tata Motors bags order for 2,700 buses under JNNURM scheme

Automobile major Tata Motors has received orders for over 2,700 'urban' buses under the Jawaharlal Nehru National

Urban Renewal Mission (JNNURM) - II scheme. The company had received an order from KSRTC (Karnataka State Road

Transport Corporation) to supply 487 buses and another for 780 buses from HRTC (Himachal Road Transport

Corporation) for Tata Marcopolo built buses as per Urban Bus Specifications under JNNURM - II scheme, Tata Motors

said in a statement. (ET)

Fourth co-founder exit at Mindtree; experts say such moves healthy

The exits of several of its co-founders who were once holding significant positions at the Bangalore-based IT services

company Mindtree may be a sign of the company maturing to the next level. Several experts believe that amid the fast-

evolving technology landscape, it is healthy for co-founders to gradually move aside and allow the company to be run

by professionals who could bring fresh ideas and spearhead changes more rapidly and swiftly. (BS)

Alstom T&D bags Rs 55-cr contract from Bhutan hydroelectric project

Alstom T&D India has secured a €7-million (Rs 55-crore) contract from Mangdechhu Hydroelectric Project Authority

(MHPA), Bhutan, for the supply of power transformers to the 720 MW Mangdechhu hydroelectric project. the work

involves, design, supply and commissioning of the generator transformer, shunt reactor and associated equipment for

the project. All equipment would be supplied from Alstom T&D India’s manufacturing facility in Naini.

Unitech to sell non-core lands to cut debt

Unitech currently has over 100 ongoing projects, totaling an area of 38.41 million sq ft. Its net debt stood at Rs 5,900

crore at the end of the first quarter of this fiscal. Real estate firm Unitech will sell non-core land parcels to reduce debt

by 15-20 percent and improve cash-flows for faster execution of ongoing projects, company's chairman Ramesh

Chandra has said.

INTERNATIONAL MARKETS UPDATE

US markets

US markets ended mixed on Tuesday. S&P 500 was down by 0.05%, Dow Jones was down by 0.18% and NASDAQ was up

by 0.39%.

European Markets

European markets ended mixed on Tuesday. FTSE was up by 0.06%, CAC was down by 0.03% and DAX was up by 0.29%.


NSE (SEPTEMBER FUTURES) SUPPORT & RESISTANCE

SUPPORT LEVELS RESISTANCE LEVELS

STOCKS S3 S2 S1 PIVOT R1 R2 R3

ABIRLANUVO 1412.23 1441.12 1457.23 1486.12 1502.23 1531.12 1547.23

ACC 1459.92 1483.93 1523.42 1547.43 1586.92 1610.93 1650.42

ADANIENT 483.45 486.8 490.8 494.15 498.15 501.5 505.5

ADANIPORTS 281.38 284.32 287.28 290.22 293.18 296.12 299.08

ADANIPOWER 49.03 49.82 50.33 51.12 51.63 52.42 52.93

ALBK 115.73 117.02 117.93 119.22 120.13 121.42 122.33

AMBUJACEM 203.52 206.43 211.82 214.73 220.12 223.03 228.42

ANDHRABANK 72.73 74.17 75.03 76.47 77.33 78.77 79.63

APOLLOHOSP 1137.78 1158.52 1171.53 1192.27 1205.28 1226.02 1239.03

APOLLOTYRE 176.55 178.95 182.65 185.05 188.75 191.15 194.85

ARVIND 287.03 289.52 293.08 295.57 299.13 301.62 305.18

ASHOKLEY 36.4 37.15 37.7 38.45 39 39.75 40.3

ASIANPAINT 609.47 617.33 622.27 630.13 635.07 642.93 647.87

AUROPHARMA 798.67 804.68 810.97 816.98 823.27 829.28 835.57

AXISBANK 401.63 404.47 407.43 410.27 413.23 416.07 419.03

BAJAJ-AUTO 2190.77 2227.38 2249.77 2286.38 2308.77 2345.38 2367.77

BANKBARODA 861.57 874.08 884.47 896.98 907.37 919.88 930.27

BANKINDIA 279.88 283.52 286.73 290.37 293.58 297.22 300.43

BATAINDIA 1251.37 1265.68 1279.97 1294.28 1308.57 1322.88 1337.17

BHARATFORG 793.47 799.73 809.92 816.18 826.37 832.63 842.82

BHARTIARTL 364.03 371.07 382.63 389.67 401.23 408.27 419.83

BHEL 224.38 227.07 230.63 233.32 236.88 239.57 243.13

BIOCON 461.92 468.93 479.77 486.78 497.62 504.63 515.47

BPCL 665.78 673.67 682.63 690.52 699.48 707.37 716.33

CAIRN 322.48 325.57 330.23 333.32 337.98 341.07 345.73

CANBK 379.52 384.43 388.17 393.08 396.82 401.73 405.47

CENTURYTEX 582.72 593.93 614.42 625.63 646.12 657.33 677.82

CESC 680.3 690.15 697.25 707.1 714.2 724.05 731.15

CIPLA 499.67 518.18 539.17 557.68 578.67 597.18 618.17

COALINDIA 354.7 358.7 361.6 365.6 368.5 372.5 375.4

COLPAL 1516.1 1530.5 1539.95 1554.35 1563.8 1578.2 1587.65

CROMPGREAV 195.52 198.43 201.02 203.93 206.52 209.43 212.02

DABUR 223.73 225.57 227.08 228.92 230.43 232.27 233.78

DISHTV 53.27 53.88 54.32 54.93 55.37 55.98 56.42

DIVISLAB 1542.42 1559.28 1585.27 1602.13 1628.12 1644.98 1670.97

DLF 174.7 177.25 180.9 183.45 187.1 189.65 193.3

DRREDDY 2909.35 2932 2972.7 2995.35 3036.05 3058.7 3099.4

EXIDEIND 161.22 163.23 164.87 166.88 168.52 170.53 172.17

FEDERALBNK 120.6 122.15 123.1 124.65 125.6 127.15 128.1



GAIL 442.87 448.43 457.37 462.93 471.87 477.43 486.37

GLENMARK 711.02 718.48 726.92 734.38 742.82 750.28 758.72

GMRINFRA 24.75 25.2 26 26.45 27.25 27.7 28.5

GODREJIND 322.75 326.65 330 333.9 337.25 341.15 344.5

GRASIM 3337.25 3411 3525.9 3599.65 3714.55 3788.3 3903.2

GSKCONS 4423.63 4446.82 4488.63 4511.82 4553.63 4576.82 4618.63

HAVELLS 266.23 271.12 274.08 278.97 281.93 286.82 289.78

HCLTECH 1602.6 1616.3 1635.6 1649.3 1668.6 1682.3 1701.6

HDFC 1045.23 1055.62 1064.13 1074.52 1083.03 1093.42 1101.93

HDFCBANK 829.13 837.32 851.88 860.07 874.63 882.82 897.38

HDIL 89.42 91.03 92.57 94.18 95.72 97.33 98.87

HEROMOTOCO 2709.13 2741.07 2770.38 2802.32 2831.63 2863.57 2892.88

HEXAWARE 150.22 153.73 158.22 161.73 166.22 169.73 174.22

HINDALCO 168.78 171.07 172.83 175.12 176.88 179.17 180.93

HINDPETRO 452.4 457.7 466.2 471.5 480 485.3 493.8

HINDUNILVR 720.17 724.88 729.57 734.28 738.97 743.68 748.37

HINDZINC 161.37 163.63 165.12 167.38 168.87 171.13 172.62

IBREALEST 66.38 68.97 70.68 73.27 74.98 77.57 79.28

ICICIBANK 1551.2 1571.15 1583.1 1603.05 1615 1634.95 1646.9

IDBI 76.4 77.35 78 78.95 79.6 80.55 81.2

IDEA 160 163.6 168.4 172 176.8 180.4 185.2

IDFC 142.57 143.78 145.57 146.78 148.57 149.78 151.57

IFCI 32.83 33.37 33.73 34.27 34.63 35.17 35.53

IGL 372.97 381.48 391.22 399.73 409.47 417.98 427.72

INDIACEM 113.08 114.87 117.33 119.12 121.58 123.37 125.83

INDUSINDBK 599.67 604.83 610.62 615.78 621.57 626.73 632.52

INFY 3507.75 3536.4 3582.7 3611.35 3657.65 3686.3 3732.6

IOB 60.2 61.2 61.8 62.8 63.4 64.4 65

IOC 377.18 380.12 383.58 386.52 389.98 392.92 396.38

IRB 239.73 244.02 251.58 255.87 263.43 267.72 275.28

ITC 344.73 347.52 351.78 354.57 358.83 361.62 365.88

JINDALSTEL 223.05 231.25 235.95 244.15 248.85 257.05 261.75

JISLJALEQS 88.4 90.1 93.1 94.8 97.8 99.5 102.5

JPASSOCIAT 44.43 45.82 46.63 48.02 48.83 50.22 51.03

JPPOWER 13.93 14.32 14.58 14.97 15.23 15.62 15.88

JSWENERGY 75.8 77.15 78.2 79.55 80.6 81.95 83

JSWSTEEL 1223.28 1263.07 1295.18 1334.97 1367.08 1406.87 1438.98

JUBLFOOD 1306.9 1324.45 1347.9 1365.45 1388.9 1406.45 1429.9

JUSTDIAL 1525.9 1567.7 1637.4 1679.2 1748.9 1790.7 1860.4

KOTAKBANK 1016.27 1027.18 1045.17 1056.08 1074.07 1084.98 1102.97



KTKBANK 124.67 126.23 127.37 128.93 130.07 131.63 132.77

L&TFH 66.08 66.72 67.13 67.77 68.18 68.82 69.23

LICHSGFIN 305.32 308.73 310.87 314.28 316.42 319.83 321.97

LT 1518.78 1539.77 1561.88 1582.87 1604.98 1625.97 1648.08

LUPIN 1252.48 1271.52 1294.93 1313.97 1337.38 1356.42 1379.83

M&M 1364.78 1382.42 1393.13 1410.77 1421.48 1439.12 1449.83

M&MFIN 268.97 274.03 277.32 282.38 285.67 290.73 294.02

MARUTI 2841.62 2881.48 2905.22 2945.08 2968.82 3008.68 3032.42

MCDOWELL-N 2354.52 2374.23 2408.22 2427.93 2461.92 2481.63 2515.62

MCLEODRUSS 284.3 289.15 292.85 297.7 301.4 306.25 309.95

MRF 25090.73 25251.87 25417.73 25578.87 25744.73 25905.87 26071.73

NHPC 21.27 21.43 21.57 21.73 21.87 22.03 22.17

NMDC 168 169.8 172.55 174.35 177.1 178.9 181.65

NTPC 137.43 138.47 139.88 140.92 142.33 143.37 144.78

OFSS 3607.1 3626.7 3645.75 3665.35 3684.4 3704 3723.05

ONGC 428.22 432.33 439.42 443.53 450.62 454.73 461.82

ORIENTBANK 268.1 271.6 275.3 278.8 282.5 286 289.7

PETRONET 167.13 175.92 185.63 194.42 204.13 212.92 222.63

PFC 249.12 252.68 257.07 260.63 265.02 268.58 272.97

PNB 949.73 961.12 968.23 979.62 986.73 998.12 1005.23

POWERGRID 128.57 129.43 130.72 131.58 132.87 133.73 135.02

PTC 87.5 88.45 89.35 90.3 91.2 92.15 93.05

RANBAXY 622.23 630.42 644.63 652.82 667.03 675.22 689.43

RCOM 113.83 115.97 118.13 120.27 122.43 124.57 126.73

RECLTD 262.43 267.02 270.43 275.02 278.43 283.02 286.43

RELCAPITAL 535.12 541.03 545.47 551.38 555.82 561.73 566.17

RELIANCE 998.78 1008.42 1020.03 1029.67 1041.28 1050.92 1062.53

RELINFRA 714.15 722.75 734.3 742.9 754.45 763.05 774.6

RPOWER 74.53 75.72 76.58 77.77 78.63 79.82 80.68

SAIL 81.12 82.28 83.52 84.68 85.92 87.08 88.32

SBIN 2486.57 2502.18 2516.77 2532.38 2546.97 2562.58 2577.17

SIEMENS 802.7 815.85 823.6 836.75 844.5 857.65 865.4

SRTRANSFIN 923.52 934.33 949.32 960.13 975.12 985.93 1000.92

SSLT 269.97 274.28 276.97 281.28 283.97 288.28 290.97

SUNPHARMA 829.25 838.15 853.1 862 876.95 885.85 900.8

SUNTV 350.57 355.43 359.67 364.53 368.77 373.63 377.87

SYNDIBANK 119.08 120.97 122.13 124.02 125.18 127.07 128.23

TATACHEM 386.18 391.12 396.03 400.97 405.88 410.82 415.73

TATACOMM 357.57 365.13 369.82 377.38 382.07 389.63 394.32

TATAGLOBAL 150.95 152.5 154.3 155.85 157.65 159.2 161



TATAMOTORS 507.43 511.47 515.53 519.57 523.63 527.67 531.73

TATAMTRDVR 359.97 365.73 369.97 375.73 379.97 385.73 389.97

TATAPOWER 86.1 87.65 88.55 90.1 91 92.55 93.45

TATASTEEL 509.2 514.95 518.5 524.25 527.8 533.55 537.1

TCS 2477.32 2498.68 2526.07 2547.43 2574.82 2596.18 2623.57

TECHM 2318.83 2342.07 2381.83 2405.07 2444.83 2468.07 2507.83

TITAN 361.07 366.88 377.17 382.98 393.27 399.08 409.37

UBL 696.53 702.82 710.58 716.87 724.63 730.92 738.68

UCOBANK 83.55 86.3 87.85 90.6 92.15 94.9 96.45

ULTRACEMCO 2582.3 2620.65 2679.25 2717.6 2776.2 2814.55 2873.15

UNIONBANK 210.27 213.03 215.32 218.08 220.37 223.13 225.42

UNITECH 22.73 23.22 23.63 24.12 24.53 25.02 25.43

UPL 316.18 320.87 323.93 328.62 331.68 336.37 339.43

VOLTAS 238.57 242.83 245.67 249.93 252.77 257.03 259.87

WIPRO 554.77 558.38 561.72 565.33 568.67 572.28 575.62

YESBANK 588.87 594.33 601.92 607.38 614.97 620.43 628.02

ZEEL 275.58 279.37 282.03 285.82 288.48 292.27 294.93

Disclaimer : The information contained in this report is extracted from different public sources and does not

represent views/ opinions of Alankit Assignments Ltd or its associated companies. Alankit Assignments Ltd

does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for

any errors or omissions or for its results obtained from the use of such information. All reasonable care has

been taken to ensure that the information contained herein is not misleading or untrue at the time of

publication. This is not a sales literature and all the information is for the information of the person to whom

it is provided without any liability whatsoever on the part of Alankit Assignments Ltd or any associated

companies or any employee thereof. Alankit Assignments Ltd and/ or its directors and/ or its affiliates and/

or employees or any of its affiliates may have interests/ positions, financials or otherwise in the securities or

sector mentioned in this report. No matter, from this document should be reproduced or copied in any

manner without the prior consent of Alankit Assignments Ltd. Neither Alankit Assignments Ltd not its

directors, employees, agents, or representatives shall be liable for any dam-ages whether direct or indirect

special or consequential including lost revenue or lost profits that may arise from or in connection with the

use of the information.

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