Technical #analysis for #Nifty sensex, DOW, NASDAQ, CAC, DAX, FTSE, NIKKIE, HANG SENG, and EW ALL SHARE. Narnolia Securities Limited Market Diary 27.12.2013

1. 27th Dec 2013
MARKET DIARY
SGX NIFTY : 6334 (
16pts Down )
Quote of The Day
"What's the sense in getting rich if you
just stare at the ticker tape all day?"
Warren Buffett
MARKET
Name
Sensex
Nifty
DOW
NASDAQ
CAC
Change
41.88
10.50
117.90
12.19
3.12
DAX
FTSE
NIKKIE
HANG SENG
9488.42
6684.71
16126.9
23208.75
88.64
15.56
(47.45)
20.31
EW ALL SHARE
Chart of the Day
Two Wheeler Sales Trends
Value
21074.89
6278.9
16474.64
4167.4
4218.71
10110.18
33.24
INSTITUTIONAL TURNOVER
FII
Investor
Buy(Cr.)
Sale(Cr.)
Net(Cr.)
26th Dec, 13
2665.98
1,922.28
743.70
Dec,13
2013
Index Action-Nifty (26th Dec, 13)
56947.59
740000.89
44,203.12
6,53,693.07
12744.47
86307.82
DII
Investor
Contents
Economic calendar
Page
4
Coverage
UPDATE
News
3
UPDATE
Derivative Research
2
UPDATE
UPDATE
Sale(Cr.)
Net(Cr.)
26th Dec, 13
Dec,13
2013
Index
Buy(Cr.)
1133.18
18286.28
253372.07
1,336.62
25,225.45
3,22,198.17
(203.44)
(6939.17)
(68826.10)
COMMODITY PRICE
COMMODITY/CURRENCIES
Value
GOLD
28559.00
SILVER
44802.00
CRUDEOIL
111.90
↑
↑
↑
COPPER
NATURALGAS
469.55
279.30
↑
↑
DOLLAR/RS.
EURO/RS.
POUND/RS.
62.16
85.10
102.40
↑
↑
↑
Narnolia Securities Ltd.
124, 1st floor 7/1, Lords Sinha Road Kolkata -700071. Ph 033-22821500/01/02/03/04 Mob : 9830013196
email: research@narnolia.com, website : www.narnolia.com
1

2. Derivative Research
NIFTY SNAPSHOT
Nifty Spot
Nifty Jan 2013 Future
Nifty Feb 2013 Future
Nifty Jan 2013 Open Interest
Nifty Feb 2013 Open Interest
7 DMA of Spot Nifty
21 DMA of Spot NIfty
50 DMA of
Spot Nifty
VOLATILITY INDEX (VIX)
PUT CALL RATIO
6278.90(+10.50)
6343
6388
18952650
987500
6232
6219
6178
GRAPH
14.88(-0.70)
1
Nifty (Jan Series) Option OI Distribution:
Index Outlook
Activity of Nifty (Jan Series) Strike
CALL
OI
% Chng
6000
765800
13.7
6100
858150
15.3
6200
1055400
14.1
6300
2135100
25.4
6400
2708250
28.9
6500
3227900
27.3
Fresh Long Seen In (Rising OI -Rising Price)
Scrip
OI
OI ch%
ZEEL
37,64,000
50.9
COALINDIA
110,19,000
8.4
AUROPHARMA
142,08,000
7.1
TATASTEEL
167,75,000
2.9
HCLTECH
33,89,000
2.5
PCR (OI)
STOCK
T1
SRTRANSFIN
1.71
FEDERALBNK
0.41
KTKBANK
0.45
IOB
0.31
BATAINDIA
0.64
FIIs Activity (Fig in Cr)
Segment
PUT
OI
Buy
Sell
Net
% Chng
2622050
2562850
2745200
2490950
1146450
684800
15.9
23.4
25.7
35.8
25.5
24.5
CMP
280.2
283.6
309.9
415.4
1182.1
Ch%
0.1
0.7
4.0
0.7
0.2
T2
0.17
0.15
0.26
0.18
0.37
INDEX FUTURE
INDEX OPTION
STOCK FUTURE
STOCK OPTION
TOTAL
4,400
10,136
8,420
590
23,546
4,187
10,732
8,627
629
24,174
Fresh Shorts Seen In: (Rising OI -Falling Price)
Scrip
OI
OI ch%
CMP
GODREJIND
14,05,000
16.5
259.6
PETRONET
20,42,000
14.6
121.8
INDUSINDBK
64,53,000
10.3
416.6
UNIONBANK
100,81,000
8.6
119.1
IRB
129,52,000
7.6
91.6
YESTERDAY'S IMPACT TRADE
STOCK
STRIKE CE
STOCK
SBIN
1800 CE
SBIN
RELIANCE
900 CE
INFY
JPASSOCIAT
55 CE
AXISBANK
AXISBANK
1300 CE
TATASTEEL
DLF
170 CE
MCDOWELL-N
213
(596)
(207)
(39)
(629)
Ch%
-3.8
-3.8
-4.0
-2.8
-4.1
STRIKE PE
1750 PE
3500 PE
1300 PE
420 PE
2500 PE

3. Markets Snapshot
Top Price Performers
Top Performers
Top Performers 1D
% Change
Top Performers 1W
% Change
ONELIFECAP
19.98
RICOAUTO
64.41
1M
SVCRES
% Change
KEI
19.96
LIBERTSHOE
58.11
RICOAUTO
93.68
VARUNSHIP
PROVOGE
19.95
19.92
A2ZMES
WELCORP
47.41
44.70
DQE
MLKFOOD
88.15
83.59
ATLANTA
19.89
ASIANTILES
40.69
BFUTILITIE
75.48
100.00
Worst Price Performers
Worst Performers
1D
% Change
Worst Performers
1W
% Change
Worst Performers
1M
% Change
RODIUM
(10.17)
STAR
(58.09)
STAR
(61.63)
DHANUS
(9.09)
TFL
(22.33)
ZENITHINFO
(55.39)
SINCLAIR
(6.07)
ZENITHINFO
(21.55)
KINETICENG
(46.86)
EICLLTD
(5.00)
SANWARIA
(18.60)
SIGRUN
(42.11)
MURLIIND
(5.00)
MAVENSBIO
(17.05)
MBSWITCH
(41.89)
Top News :
• Force Motors has decided to observe a 'block closure' for the Company’s plants located at Akurdi, Pune, Maharashtra and Pithampur, Madhya
Pradesh from December 28, 2013 to January 01, 2014.
• IRB Infrastructure Developers Ltd has informed that IRB Westcoast Tollway Pvt. Ltd. - wholly-owned Subsidiary of the Company, has achieved
financial closure in terms of the Concession Agreement executed with NHAI, by tying up of Project finance of Rs. 1,406 Crore. The total cost of
this project is Rs. 2,639 Crore, out of which viability gap funding from NHAI of Rs.536 crores, equity contribution by the Company will be approx.
Rs. 697 Crore and remaining will be funded through Project finance of Rs. 1,406 Crore. The average cost of this Project finance is approx. 11.75%
p.a.
• Bhel has bagged a Rs 1,023 crore contract from Neyveli Lignite Corporation for supplying turbine generator package at a thermal power
project in Tamil Nadu. The order is for their upcoming 1,000 MW Neyveli New Thermal Power Project (NNTPP) at Neyveli, Tamil Nadu.
• Grasim Industries has informed that the operations of the Chemical Plant at Vilayat in Gujarat have resumed now. The Company have also
commenced operations of the downstream Epoxy Plant at Vilayat. The full capacity at both the Plants will be achieved in a phased manner.
• Apollo Hospital promoter family’s holding company PCR Investments has bought shares worth Rs 87.66 crore through open market. PCR
Investments bought one million shares at a price of Rs 876.67 a share. The company has not disclosed the name of the sellers. The Reddys—the
promoter family of Apollo Hospitals—hold around 34.35% stake in the company, of which 18.42% stake is held by PCR Investments while the
rest is with individual family members, as of September 30, 2013.
• Lanco Infratech is looking to sell three power projects for Rs 6,350 crore and road projects worth Rs 668 crore as a part of debt reduction
programme. All sales will take place between 2016 and 2020.
• Allahabad Bank has got the shareholders' approval for a preferential issue of Rs 400 crore and a Qualified Institutional Placement (QIP) of Rs
320 crore for shoring up the equity base of the lender.
• Ministry of Land, Infrastructure and Transport said that Japanese Housing Starts rose to a seasonally adjusted 14.1%, from 7.1% in the
preceding quarter.Analysts had expected Japanese Housing Starts to rise to 9.2% in the last quarter.
• U.S. Census Bureau said new home sales fell by 2.1% to a seasonally adjusted 464,000 units last months, compared to expectations for a
decline to 445,000. New home sales for October rose by 474,000 units.
• U.S. Commerce Department said that total durable goods orders, which include transportation items, increased by a seasonally adjusted
3.5% last month, easily surpassing expectations for a 2% gain. Orders for durable goods in October were revised to a 0.7% decline from a
previously reported drop of 1.6%.
• The British Banker's Association said that the number of new mortgages approved rose to 45,000 last month from October’s revised total of
43,300. Analysts had expected the number of new mortgages approved to rise to 44,500 in November.

4. Management Tweets
• Andhra Bank Mgt Guideline : The quantum of non-performing loans (NPLs) at Andhra Bank is likely to stay above 5 percent for the rest of
the financial year . Bank expected the bank’s earnings to improve by the second quarter next fiscal, during which time the bank may look to
raise additional capital through a qualified institutional placement.
• Prestige Est Mgt Guideline : Company is trying to keep its dependence on debt very low and has been able to bring down the borrowing
costs by 1 percent this fiscal. Mgt said acquiring land projects is an ongoing business plan for the company. Prestige Estates recently has
launched its ambitious project Lake Side Habitat and the pre-launch sales had been very encouraging .
• Shree Cement Mgt Guideline : Company expects revival in demand soon becasue the base in the past three-five years had been very low
as there had not been any significant rise in the cement prices over three-four years. The company's current capacity is at 13.5 mt, which it
expects to double up to 26 mt in the next three-four years.The company expects to end Q3 with same margins as Q2. Industry participants
attribute the falling cement prices to weak demand trend and expect a meaningful pick-up only after elections, as infra activity picks up, said
a CLSA report. It has downgraded Shree Cements to outperformer from buy.
• Havells Mgt Guideline : Mgt believes the Indian economy is bottoming out and a turnaround in sentiment should increase demand for its
products. About 25 percent of the company’s business comes from the industrial segment, That segment had started de-growing at the start
of the year and has now inched up to 10 percent growth. Mgt believe this will be followed by a revival in the consumer business, which is 75
percent of our business. The company-level net profit margins had slowed down to 10 odd percent. company expect them to increase to 1313.5 percent by next year . Mgt expected 5-6 percent profits at the operating level going forward.
• Maruti Suzuki Mgt Guideline : Company which expects retail sales to be flat for FY14 fiscal. But bumper sales in rural areas, which saw 18
percent growth in the April to November period, cushioned the slump in demand for cars in cities. The hinterland will be a key focus area for
the company. But Mgt was tight lipped on Suzuki’s plans to increase stake in Maruti .
Economic Calendar
Monday
23-Dec
US
UK/EURO
ZONE
INDIA
Tuesday
24-Dec
Core PCE Price Index m/m , Personal Core Durable Goods Orders m/m ,
Spending m/m , Personal Income Durable Goods Orders m/m , HPI m/m ,
m/m , Revised UoM Consumer
CB Consumer Confidence , New Home
Sentiment .
Sales , Richmond Manufacturing Index .
Nationwide HPI m/m , CBI Realized
Sales , Italian Retail Sales m/m ,
Italian Prelim CPI m/m , German
Import Prices m/m .
BBA Mortgage Approvals.
Wednesday
25-Dec
Thursday
26-Dec
Revised UoM Consumer Sentiment ,
Revised UoM Inflation Expectations .
Holiday
Holiday
Friday
27-Dec
Unemployment Claims , Natural Gas Storage ,
Crude Oil Inventories .
German Retail Sales m/m , German
Prelim CPI m/m , French Consumer
Spending m/m , Italian Monthly
Unemployment Rate .

5. Result Calendar Q3FY14
BSE Code
Company Name
Date
BSE Code
Company Name
Date
514358
536709
507488
521248
509567
507984
500086
532978
500034
532977
Everlon Syn
VAK POW INF
GM Breweries
Kitex Garments
Goa Carbon-$
SER Inds
Exide Inds
Bajaj Finserv
BAJFINANCE
Bajaj Auto
4-Jan-14
4-Jan-14
7-Jan-14
9-Jan-14
11-Jan-14
11-Jan-14
13-Jan-14
15-Jan-14
15-Jan-14
16-Jan-14
532977
500490
500411
533573
500010
507598
505250
500165
524038
522261
Bajaj Auto
Bajaj Holdings
Thermax
Alembic Pharma
HDFC
KLRF
GG Dandekar
Kansai Nerolac
Venlon Enter
Dolphin Offsh-$
16-Jan-14
16-Jan-14
21-Jan-14
22-Jan-14
22-Jan-14
27-Jan-14
31-Jan-14
31-Jan-14
31-Jan-14
3-Feb-14
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