www.trifidresearch.

com
08 Sept 12 Sept 2014












H






www.trifidresearch.com
W E E K L Y
R
E
P
O
R
T
www.trifidresearch.com







MARKET GOSSIPS
Sensex gains 1.5%, Nifty hits
fresh high; LT gains, DLF dips.
Infosys signs 5-year contract
with BP.
United Spirits dips after
reported weak Q4 results.
L&T surged after securing
order for setting up a 1320 MW
plant.
JP Associate tanks 20% on
stake sale by JP Infra ventures.

www.trifidresearch.com







Support & Resistance
CLOSE S2 S1 CRUCIAL POINT R1 R2
8116.70 7830 7980 8200 8200 8280

Weekly market view
Markets were in full bull mode with the start of the week and tested record
highs breaking all resistance marks and closed on a firm note. Nifty future is
ahead of psychological mark of 8200 which may act as stiff resistance for
the week above which the bull rally may lead towards next resistance range
of 8250-8280. On daily charts, trend line coming from recent lows may act
as strong support i.e. around 8050. Any closing below this level can result in
some correction towards the major support of 7980. Volatile movements
can be seen due to the key events of IIP & CPI in the coming week.

NIFTY WEEKLY
www.trifidresearch.com













DATE
FII
(Figures are in Rs. cr.)
DII
(Figures are in Rs. cr.)
01-SEPT-14 554.14 -561.69
02-SEPT-14 672.81 -167.85
03-SEPT-14 1288.57 -469.69
04-SEPT-14 1697.74 -555.23
05-SEPT-14 310.51 -354.81
Indices Change
INDEX VALUE PTS %
SENSEX 27026 388 1.44
NIFTY 8086 132 1.63
BANK NIFTY 15982 242 1.51
INDIA VIX 12.93 -0.13 -1.00

Top Nifty Losers ( Weekly)
Scrip Price P. Close %
J&K BANK
170.85 1493.45 88.56
JP ASSOCIATE
33.80 48.55 30.38
JP INFRA
26.95 32.30 16.56
JP POWER
13.55

14.90 9.06
HAVELLS
273.40 295.30 7.42


Top Nifty Gainers (Weekly)
Scrip Price
P.
Close
%
NATIONALUM 63.50 52.60 20.72
UPL 378.35 325.20
16.34

APOLLO TYRES 193.55 166.80 16.04
COROMANDEL 291.40 257.40 13.21
MRF 27162 24175 12.36




STOCK COMMENTS
ASIANPAINT(EQ) BUY ABOVE 652 TARGETS 665-680 SL 625.
CROMPTON (EQ) BUY ABOVE 219.50 TARGETS 228-240 SL 208.
LAST UPDATE CIPLA EQ BUY CALL FINAL TARGET ACHIEVED.
LAST UPDATE TITAN EQ BUY CALL 1
ST
TARGET ACHIEVED.

MARKET WATCH
MARKET WATCH
CALLS OF THE WEEK
www.trifidresearch.com

DRREDDY EQ IS CONSOLIDATING AROUND ITS REOCRD HIGHS AND THE BULL
RALLY IS EXPECTED TO CONTINUE IF IT GIVES POSITIVE BREAKOUT.
BUY ABOVE 3010 TARGETS 3100-3190. MAINTAIN SL OF 2870.





NIFTY FUT.









TECHNICAL VIEW

WEEKLY PICK
www.trifidresearch.com





WWW.TRIFIDRESEARCH.COM


DISCLAIMER