NIFTY SENSEX BANK NIFTY

HIGH 6317 21231 11428

LOW 6287 21123 11317

9547

9468

Wednesday, January 01, 2014

CNX IT

NIFTY (6304) : Nifty had made a Bearish Engulfing candlestick pattern on daily charts on Monday and now the index has formed a Bearish Harami Cross candlestick pattern on daily

charts. The index could be staring at lower levels once 6260 is broken on the down side. For the day, if the index crosses 6340 and sustains above it for some time only then an up move

towards 6360 is possible. However, if the index fails to cross 6330 and slides lower, then some more profit taking towards 6230 cannot be ruled out either. As we enter the New Year

2014 we would like to wish our highly esteemed clients and readers a very happy and a prosperous New Year 2014.

FROM THE RETAIL RESEARCH DESKMARKET OUTLOOK

CNX NIFTY COMMENTS

PIVOT TABLES&P BSE~SENSEX

SENSEX (21171): SENSEX has been trading in a very tight range for the past 6

trading sessions and closed higher by 28 odd points. The index has been facing

a stiff resistance along the rising trend line at levels around 21200-21250 too.

The index has good support around 21100-21000 levels and holding onto

these levels for the next few days could take the markets higher towards

21480-21500. Failing to hold onto current levels could drag the markets much

lower than expected from current levels.

LOW 6287 21123 11317

CLOSE 6304 21170 11391

PIVOT 6303 21174 11379

R 1 6318 21226 11441

R 2 6333 21283 11490

S 1 6288 21118 11329

S 2 6273 21066 11267

9468

9516

9510

9552

9589

9473

9431

Wednesday, January 01, 2014

BUY ASHOK LEYLAND

EXECUTION PRICE RANGE

16.90-17.00

BUY LIC HOUSING FIN

215-217

EXECUTION PRICE RANGE

16.60

TARGET

TARGET

TECHNICAL CALLS

224.50

STOP LOSS

BUY LIC HOUSING FIN Rs.219 : LIC HOUSING FINANCE has

broken out above the falling channel and now looks good to

target 235-240 in the days to come. The stock is trading above

most major moving averages and has witnessed good buying

volumes in yesterdays trading session, which suggests strength.

STOP LOSS

BUY ASHOK LEYLAND Rs.17.25: ASHOK LEYLAND has been

consolidating around 16.50-17.50 for quite some time now and

now the stock is showing promise to move towards 19-20 levels

in the days to come as it is trading above most moving averages.

Strength indicators also suggest that there is some more upside

left in the stock to move higher.

211.00

17.65

INDICES CLOSE

SENSEX 21170

NIFTY 6304 CLOSE % SYMBOL CLOSE %

54.5 3.12 IDFC 109.9 4.72

91.4 2.81 JPASSOCIATES 54.5 3.13

INDICES CLOSE 559.1 1.26 TATA POWER 91.1 2.53

DOW JONES 16504 894.8 1.06 HCL TECH 1265.7 1.52

S&P 500 1841 122.5 0.66 WIPRO 559.0 1.35

FTSE 6755

CAC 40 4286

DAX 9552

CLOSE % SYMBOL CLOSE %

176.5 -1.62 BHEL 176.2 -1.78

INDICES CLOSE 1763.0 -0.78 M&M 942.1 -0.67

SHANGHAI * 2116 261.0 -0.78 TATA STEEL 423.1 -0.59

HANG SENG* 23306 943.5 -0.63 INFY 3482.6 -0.56

NIKKEI* 16291 665.8 -0.58 KOTAK BANK 727.7 -0.56

STRAIT TIMES* 3167

KOSPI* 2011

CLOSE % SYMBOL CLOSE %

31.1 19.85 C Mahendra Exports Ltd228.8 -8.35

Rs. (Cr.) YEST'DAY 19.7 18.85 MVL Ltd 1.5 -4.94

BSE Cash 2561 161.6 9.97 Consolidated Construction Consortium Ltd4.0 -4.82

NSE Cash 7915 4.3 9.77 Mercator Lines Ltd19.8 -4.82

Derviatives(bn) 669 31.2 8.52 Karuturi Global Ltd1.3 -4.32

38.1 7.64 Bilcare Ltd 44.5 -4.10

DII Equity -207 13.8 7.48 TVS Motor Co Ltd76.0 -3.80

FII Equity 116 16.8 7.37 Shree Global Tradefin Ltd33.6 -3.59

FII F&O 628 77.7 7.10 Prakash Industries Ltd42.0 -3.45

28.1 7.05 SKS Microfinance Ltd189.1 -3.13

SYMBOL

ADVANCES & DECLINES

Hindalco

GTL Ltd

DEN Networks Ltd

Kingfisher Airlines Ltd

Jyoti Structures Ltd

Orbit Corp Ltd

PTC India Financial Services Ltd

TOP OUTPERFORMERS

NIFTYSENSEX

JP Asso.

TOP OUTPERFORMERS

United Breweries Holdings Ltd

Jindal Steel

M&M

Wednesday, January 01, 2014

Reliance Inds.

-37.23

ASIAN INDICES

Opto Circuits India Ltd

% CHG

39.85

PREV.DAY

18.45

61.52

HDFC Bank

BHEL

Maruti

Future Retail Ltd

Ruchi Soya Industries Ltd

0.21

AMERICAN & EUROPEAN INDICES

% CHG

0.16

CHANGE

25.88

12.90

BSE 500

SYMBOL

0.35

0.23

TOP UNDERPERFORMERS

SYMBOL

NIFTYSENSEX

8660

23.44

9.99

-0.02-0.33

-60.76

1831

14.14

CHANGE

-8.60

13.56

INSTITUTIONAL ACTIVITIES29.59

% CHG

0.88

0.26

0.69

-0.39

589

% CHG

Wipro

0.13

INDIAN INDICES

TOP UNDERPERFORMERS9.06 0.45

* Last updated at 4 p.m. on

296

-632

CHANGE

26.92

Tata power

TURNOVER & MARKET CAP

-199.31

0.45

112.37

Tuesday, December 31, 2013

-160

28.1 7.05 SKS Microfinance Ltd189.1 -3.13

EXCHANGE ADV

BSE 1501

NSE 828 CLOSE % INDICES CLOSE %

11391 0.14 BSE MIDcap 6701 0.66

9516 0.17 BSE SmallCap 6550 0.31

CNX Reality 184 0.14 BSE 200 2530 0.27

ADR CLOSE CNX FMCG 16998 -0.13

Infosys 58.25 CNX Infra 2476 0.44 8.83

Tata Motor 30.43 CNX Pharma 7629 0.11 RS/$ 61.83

Tata Comm. 6.62 BSE Auto 12250 -0.02 $ Index 80.11

HDFC Bank 34.38 BSE Metal 9959 -0.26 Brent Crude ($) 111.36

Wipro 12.54 CNX MNC 6237 -0.34 Gold ($) 1202.24

ICICI Bank 37.11 BSE 500 7828 0.28 Silver ($) 19.53

Sterlite Inds. 13.39 Nifty Midcap 2302 0.46 PE CURRENT AVGDr. Reddy's Lab 41.13 Nifty JNR. 12922 0.33 SENSEX 16.8 19.7

6326 0.23 NIFTY 18.0 19.7

INDIAN ADR's

10 Yr Gsec yield

ADVANCES & DECLINESSECTORAL INDICES

560

Opto Circuits India Ltd

BSE 100

BSE NSEDECLINES

2672

PREV.CLOSE

56.54

TOTAL

1388 INDICES

CNX Bank

CNX IT

OTHER IMP.DATA

1171

-2.94

% CHG

-0.38

-0.07

-0.51

30.65

#N/A N/A

34.78

0.72

#VALUE!

1.16

12.51

36.97

13.38

-0.24

40.92

SCRIP NAME OPEN HIGH LOW CLOSE PIVOT R 2 S 1 S 2 TRENDER+

ACC 1100 1112 1095 1108 1105 1122 1098 1088 DownAMBUJA CEMENT 183 183 181 183 182 184 181 180 UPASIAN PAINTS 487 493 487 490 490 496 487 484 FlatAXIS BANK 1292 1303 1276 1300 1293 1319 1283 1267 UPBAJAJ AUTO 1906 1922 1901 1905 1909 1930 1897 1889 UPBHARTI AIRTEL 330 333 326 330 330 337 327 323 DownBHEL 181 181 175 176 177 183 174 172 DownBPCL 350 354 347 348 350 358 345 342 UPCAIRN INDIA 325 326 323 323 324 327 322 321 UPCIPLA 403 404 399 401 401 407 399 396 UPCOAL INDIA 292 294 289 290 291 296 288 287 UPDLF 167 168 165 167 166 170 165 163 DownDr.REDDY'S LABS 2532 2550 2520 2535 2535 2565 2520 2505 UPGAIL INDIA 342 345 340 343 343 348 341 338 DownGRASIM INDS 2706 2748 2706 2715 2723 2764 2698 2682 UPHCL TECH 1252 1268 1238 1266 1257 1287 1247 1227 UPHDFC 800 802 791 798 797 808 792 785 FlatHDFC BANK 672 672 660 668 667 679 661 654 FlatHERO MOTOCORP 2075 2088 2066 2077 2077 2099 2066 2055 DownHINDALCO 122 123 121 123 122 124 121 120 UPHINDUSTAN UNILEVER 577 577 568 572 572 581 568 564 UPICICI BANK 1101 1109 1094 1098 1100 1115 1092 1086 DownIDFC 106 110 105 110 108 113 107 104 UPINDUSIND BANK 416 423 416 420 420 426 416 413 DownINFOSYS 3500 3522 3480 3483 3495 3536 3468 3453 DownITC 323 324 320 321 322 325 320 318 DownJINDAL STEEL & PWR 264 265 258 261 261 268 258 255 DownJP ASSOCIATES 53 55 53 54 54 56 53 52 UPKOTAK MAHINDRA BANK 735 735 726 728 729 739 724 720 DownLARSEN & TOUBRO 1064 1074 1063 1071 1069 1080 1065 1058 DownMAHINDRA & MAHINDRA 955 958 940 942 947 965 935 928 DownMARUTI SUZUKI 1780 1785 1758 1763 1769 1796 1752 1741 DownNMDC 144 145 141 142 143 147 141 139 UPNTPC 137 137 136 137 137 138 136 135 DownONGC 291 292 288 289 290 294 287 285 DownPOWERGRID 99 100 99 100 100 101 99 98 UPPUNJAB NATIONAL BANK 630 632 622 626 627 636 622 617 DownRANBAXY LABS 455 459 452 454 455 462 451 448 Down

Wednesday, January 01, 2014

1310

1115 1118 - 1102

1918

954

1075

334

180

353

325

404

293

168

111

2550

345

458

631

100

183

292

137

145

1779

2740

673

3510

323

264

55

733

2088

123

577

423

1107

731 - 722

263 - 256

56 - 54

112 - 108

1077 - 1067

950 - 932

1774 - 1747

144 - 140

629 - 619

1282 - 1252

325 - 321

2752 - 2711

1103 - 1089

3502 - 3460

323 - 319

351 - 343

425 - 418

1315 - 1288

2093 - 2072

124 - 122

1914 - 1893

336 - 328

2557 - 2527

346 - 342

1276

138 - 136

575 - 566

167 - 164

670 - 658

R 1

493

803

DAILY PROJECTED RANGE

800 - 789

403 - 397

292 - 287

179 - 173

291 - 286

100 - 99

456 - 449

TRENDER+ OF NIFTY 50 STOCKS

494 - 488

183 - 181

RANBAXY LABS 455 459 452 454 455 462 451 448 DownRELIANCE INDS 888 898 886 894 893 905 887 881 UPRELIANCE POWER 74 74 72 73 73 75 72 72 UPSAIL 73 74 72 72 73 74 72 71 UPSBI 1759 1773 1750 1761 1761 1785 1750 1738 DownSIEMENS 665 675 655 661 664 684 652 643 DownSUNPHARMA 570 573 566 568 569 576 564 561 DownTATA MOTORS 374 378 374 377 376 380 374 372 FlatTATA POWER 89 92 89 91 91 94 89 87 UPTATA STEEL 426 427 422 423 424 429 421 419 DownTCS 2160 2185 2151 2174 2170 2204 2155 2136 UPWIPRO 555 562 549 559 557 569 552 544 UP564

899

673

1773

73

74

458

2189

426

93

378

572

566 - 554

668 - 648

425 - 420

379 - 375

73 - 72

73 - 71

2197 - 2163

1779 - 1756

570 - 563

93 - 90

456 - 449

902 - 890

HOW TO TRADE USING THE TRENDER+

Wednesday, January 01, 2014

Trend is the level at which the tendency of stocks can be identified. For best results, you can use the 'trender' to trade. A 'weak' trend denoted by “DOWN” means that traders can trade with a negative bias. If the trend is 'strong',denoted by “UP”, one can trade with a positive bias on the long side. Base price should be the pivot point price.

IF THE TREND IS UP

CLOSING PRICESClosing price is the price at which scrip closes on the date mentioned in the report. Traders may initiate their intraday trade on this level. The stock or index should sustain above or below the pivot else you should exit the trade.

TREND

TRENDER + : This is a broad based technical trend of the stock prevailant, may or may not be necessarily for the day.

Ideally, for a sell position, sell at the pivot point and use R1 as a stop loss and S2 or lower levels as a target level.

IF THE TREND IS DOWN

Ideally, for a buy position, buy at the pivot point and use S1 as the stop loss for a target of levels around R2 and higher.

THE TREND AND THE DAILY PROJECTED RANGE IS BASED ON CERTAIN SIMPLE CALCULATIONS WHICH IS PROVIDED BY BLOOMBERG, EXCLUSIVELY USED BY

DAILY PROJECTED RANGE : Projected Daily high and low are indicative range for the day, if the price moves out of the range the trend in that side may accelerate and turn bullish or bearish.

Tel No: +91 22 4001 3700 | Fax No: +91 22 4001 3770 | Website: www.rathi.com

ANAND RATHI SHARE AND STOCK BROKERS LIMITED 4 th Floor , Silver Metropolis, Jaicoach Compound Opposite Bimbisar Nagar,Goregaon(East), Mumbai - 400063.

THE TREND AND THE DAILY PROJECTED RANGE IS BASED ON CERTAIN SIMPLE CALCULATIONS WHICH IS PROVIDED BY BLOOMBERG, EXCLUSIVELY USED BY ANAND RATHI ~ RETAIL RESEARCH.

Disclaimer:-Thisreport has been issued by Anand Rathi Share and Stock Brokers Limited (ARSSBL), which is regulated by SEBI. The informationherein was obtained from various sources; we do not guarantee its accuracy or completeness. Neither the information nor

any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). ARSSBL and its affiliatesmay trade for their own accounts as market

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or in related investments. ARSSBL or its affiliatesmay from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report. This research report is prepared for private

circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the ppropriateness of investing in any securities

or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or

value may rise or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report.