View
219
Download
0
Category
Preview:
Citation preview
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 1/13
November Monthly Snapshot – Nifty 50
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 2/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
CONTENTS
Latest Updates
Technical Analysis (M.A., PIVOTS, FIBO)
S&P CNX Nifty
Bank Nifty Future
BSE Sensex
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 3/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
Latest Updates
10th Oct-
TTK Prestige has reported a rise of 54.6% in net profit of Rs 33.7 crore for the
second quarter of FY12. It recorded net profit of Rs 21.8 crore in the
corresponding quarter of last fiscal
11th Oct -Tata Consultancy Services (TCS) subsidiary CMC today reported a 25% drop in its
second quarter consolidated net profit at Rs 32.63 crore, down from Rs 43.63 crore
in the year-ago period.
12th Oct -
Country's second largest software services exporter Infosys has reported a growth
of 10.81% in net profit for the quarter ended September 2011, as per IFRS. Wind
power company Net profit was at Rs 1,906 crore in second quarter of FY12 as
against Rs 1,720 crore in previous quarter
13th Oct -
Praj Industries has announced its second quarter results. The company's Q2 net
profit was up 127.78% at Rs 20.5 crore versus Rs 9 crore, year-on-year, Y/Y
Its net sales were up 112.57% at Rs 230 crore versus Rs 108.2 crore, Y/Y.
14th Oct -
Geojit BNP Paribas Financial Services has announced its second quarter results.
The company's Q2 net profit was up at Rs 6.05 crore versus Rs 4.3 crore Q/Q
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 4/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
15th Oct -
RIL’s July-September quarter net profit rose 15.8% year-on-year, to Rs 5,703
crore. Net turnover for the quarter rose 35% to Rs 80,790 crore.
17th Oct -
India’s largest mortgage lender Housing Development Finance Corporation’s
(HDFC) net profit rose 20% year-on-year to Rs 971 crore in the September
quarter. Total income shot up 37% to Rs 4,077 crore from 2,970 crore year-on-
year. The performance is on expected lines.
Tata Consultancy Services reported a lower-than-expected 15% year-on-year
rise in second quarter net profit at Rs 2,439 crore, amid continued uncertainty in
global economy. Revenue for July-September quarter rose 25% from a year ago
to Rs 11,634 crore, India’s top software services exporter said late Monday
18th Oct -
HCL Tech has reported a fall of 2.5% Q/Q in consolidated net profit of Rs 497
crore for the quarter ended September 2011. The company had reported a net
profit of Rs 510 crore in the previous quarter. EBITDA margin too declined at
17.1% in the first quarter FY12 as against 18.5% (Q/Q). Revenues jumped 8.16%
to Rs 4,651 crore from Rs 4,300 crore quarter-on-quarter
Country's largest two-wheeler maker Hero Moto corp has reported better-than-
expected rise of 19.4% Y/Y in net profit of Rs 604 crore in the quarter endedSeptember 2011. The company had posted a profit of Rs 506 crore in the
corresponding quarter of last fiscal. Net sales jumped 28% to Rs 5,784 crore from
Rs 4,511 crore year-on-year.
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 5/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
19th Oct -
Bajaj Finance has announced its second quarter results. The company's Q2 net
profit was up at Rs 87 crore versus Rs 53 crore, year-on-year, Y/Y. Its total
income was up at Rs 492 crore versus Rs 320 crore, Y/Y.
Essar Ports has announced its second quarter results. The company's Q2 net
profit was up at Rs 41 crore versus Rs 11 crore. Its total operating income was at
Rs 270 crore
20th Oct -
Bajaj Auto’s net profit for the second quarter rose lower-than-expected 6% year-
on-year at Rs 726 crore hurt by a forex loss incurred on forward contracts.
However, revenue surged to its highest ever, riding on the back of strong sales of
motorcycles and commercial vehicles. Revenue for July-September rose 21%
year-on-year at Rs 5,342 crore.
21st Oct – Godrej Consumer Products second quarter consolidated net profit declined 2.6%
year-on-year to Rs 127.71 crore as higher tax expense and a foreign exchange
loss offset strong sales growth.
22nd Oct-
Axis Bank’s second quarter (July-September) net profit rose more than
25% year-on-year to Rs 920 crore. This is on the back of a robust growth in
net interest income the difference between interest earned and interest
expended climbed 24% to Rs 2,007 crore, driven by a forecast-beating loan
book growth.
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 6/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
25th Oct –
AVT Natural Products has reported a sales turnover of Rs 63.87 crore and a net
profit of Rs 16.05 crore for the quarter ended Sep '11.
For the quarter ended Sep 2010 the sales turnover was Rs 30.52 crore and net
profit was Rs 3.19 crore.
28th Oct-
National Hydroelectric Power Corporation NHPC has reported a net profit of Rs
966 crore in the second quarter of FY12, a growth of 40% as compared to Rs
690 crore in the corresponding quarter of last fiscal. Net sales jumped 47.66% to
Rs 1,831 crore in the July-September period of 2011 versus Rs 1,240 crore in
same quarter in the previous year.
31st Oct-
State-owned Bank of Baroda has reported a net profit of Rs 1,166 crore for the
quarter ended September FY12, a better-than-expected increase of 14.4% as
compared to Rs 1,019.3 crore in the corresponding quarter of last fiscal.
Net interest income jumped 26% to Rs 2,567 crore from Rs 2,038.1 crore year-
on-year.
Provisions in the July-September quarter of FY12 increased to Rs 483 crore from
Rs 185 crore in a year ago period. Net non-performing assets (NPAs) stood at
0.47% as against 0.38% and gross NPAs came in at 1.41% versus 1.39% year-
on-year
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 7/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
TECHNICAL VIEW
Moving averages
Moving Averages 20 Day 50 Day 100 Day 200 Day
Daily 5054 5015 5216 5390
Weekly 5204 5471 5423 4789
Fibonacci retracement levels (Weekly)
SCRIPT 0.0% 23.6% 38.2% 50.0% 61.8% 100.0%
NIFTY 4720 5105 5345 5535 5720 6348
Monthly Pivot
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
NIFTY 7177 6506 5834 5598 5163 4926 4492 3820 3149
Weekly Pivot
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
NIFTY 6227 5912 5597 5479 5282 5164 4967 4652 4337
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 8/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
Weekly Analysis :- S&P CNX NIFTY
Nifty has been in a correction phase for the past one year and presently forming a
downtrend channel for the past one year taking support/resistance of two crucial
trendline. The month of November will be a crucial one as it is now in its upward
trajectory of its channel and global cues will play a crucial role in deciding its next move.
Nifty currently has breached its 38.2% retracement level and it may further
extend uptrend to test the upward resistance line which is around 5460-5500.
Nifty has made a double bottom and a “W” formation break out and if calculate a
technical target; it comes at 5500 where it will test the resistance of 50%
retracement level of its fall from 6335 to 4720.
In coming weeks, If Nifty breaches this upward resistance line and the level of
5550-5570, then a upward trend can be seen and it may retrace to 61.8% - 5740. On the contrary, if it test the level of 5500 and starts to trade below 5300, then
cam slide down to 4700-4600 level sharply to complete its downward channel
and test its support line.
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 9/13
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 10/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
Weekly Analysis
As we said last month, Bank Nifty took a support of 200 DMA and breached its 38.2%
retracement level of its uptrend from 3370 to 13320 in November 2010. Bank Nifty is
now in a short term correction phase and witnessing a pullback rally in the near term.
Bank Nifty currently has given a closing above its 38.2% retracement level and
given a slight positive view on banking space in the near term, it will continue to
extend its upward momentum in coming weeks.
As Bank Nifty has given a comfortable closing above 38.2% level, it may extend
the trend and next resistance for it will be 23.6% level which comes at 10945.
Bank Nifty if breaks this upward resistance line and gives a closing above it then
can extend upward momentum to 11400 while if reverses then can correct to
9400 and 8900 in coming month.
Bank Nifty this month has given closing above its 38.2% retracement level and is
expected to trade above this and if in coming weeks and we can see further upside and
it may test the retracement level of 23.6% which comes around 10900. But, If Bank Nifty
reverses and start trading below 9700-9600 then can slide down to 8900 level.
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 11/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
BSE Sensex Moving averages
Moving Averages 20 Day 50 Day 100 Day 200 Day
Daily 16804 16693 17366 17964
Weekly 17333 18236 18081 15967
Fibonacci retracement levels (Weekly)
SCRIPT 0.0% 23.6% 38.2% 50.0% 61.8% 100.0%
SENSEX 21108 17935 16000 14395 12850 7697
Monthly Pivot
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
SENSEX 23641 21478 19315 18560 17152 16397 14989 12826 10663
Weekly Pivot
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
SENSEX 20567 19557 18547 18175 17537 17165 16527 15517 14507
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 12/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
Weekly Analysis
Sensex this month is expected to be sustain the consolidation phase or more clearly
may dissent to go down due to following reasons:-
it has made a solid support at 200 DMA which will act as a major support and in
the near term may sustain it and continue its upward momentum.
Sensex currently is following a channel and facing stiff resistance at 23.6%
retracement level of its upward trend from 8K to 21K.
If it sustains the level of 18000 in the coming weeks and gives a closing above it
then can further extend to 19000 and 19800.
While, if it reverses and breaks the level of 17200 and trades below it then can
slide back to 16300 and 15400 in the coming month.
November will be a crucial month to decide trend for Sensex while global cues will also
play a crucial role coupled with FII’s and DII’s activity. Upward resistance for Sensex in
the coming month will be 18400 and 18900 and closing above it may see a upward
momentum while support will be 17300; breaking of which will lead Sensex to the level
of 16300 and 15400 level.
8/3/2019 November Monthly SnapShot - Nifty 50 Special Report By www.capitalheight.com
http://slidepdf.com/reader/full/november-monthly-snapshot-nifty-50-special-report-by-wwwcapitalheightcom 13/13
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits
them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not
provide individually tailor-made investment advice. Money CapitalHeight Research Pvt Ltd. recommends that investors
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial
adviser. Money CapitalHeight Research Pvt Ltd. shall not be responsible for any transaction conducted based on theinformation given in this report, which is in violation of rules and regulations of MCX and NCDEX.
The metal’s price projections shown are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts, can change without notice. Analyst or any person related to Money CapitalHeight
Research Pvt Ltd. might be holding positions in the stocks recommended. It is understood that anyone who is browsing
through the site has done so at his free will and does not read any views expressed as a recommendation for which either
the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance
of this disclaimer.
All Rights Reserved.
Investment in Commodity and equity market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight
Research Pvt Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or
Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information
Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be
taken.
.
Recommended