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EQUITY
Market
Week : 21st to 25th Nov'2011

REPORT

WEEKLY
Analyst Speak

Nifty Plummeted On Spiralling Euro Crisis, Last Support At 4840

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Week : 21st to 25th Nov'2011

Week : 21st to 25th Nov'2011

Global Market News

Weekly Wrap
Having languished in the red for most part of the day, the markets recovered nearly 200 points from the day's low and ended close to the day's high. The BSE Sensex ended at 16,372, down 90 points and the S&P CNX Nifty ended at 4,906, down 29 points. In Asia, the Nikkei stock average slid below 8,400 to its lowest level in more than a month, after surging bond yields in euro

Global Market Analysis

NIFTY
NIFTY Properties Weekly Open Weekly High Weekly Low Weekly Close Weekly Chg Points Values 5217.35 5228.90 4837.95 4905.80 -311.55 -5.97%

World Indices
World Indices Sensex Nifty DOW Jones Shanghai Comp. Nikkei CAC 40 FTSE Close 16371.51 4905.80 11707.34 2463.05 8374.91 2997.01 5362.90 Weekly Chg Points -977.01 -311.55 -356.84 -35.62 -256.37 -172.42 -182.50 % Chg -5.63% -5.97% -3.66% -1.43% -2.97% -5.44% -3.29%

zone nations spooked investors and fuelled fears of tightening global credit conditions. The Nikkei fell 1.2% to 8,375, marking a weekly loss of 1.6%. The broader Topix index shed 1.1% to 720, losing 1.3% for the week. The Shanghai Composite and Hang Seng indices ended lower by nearly 2%.
In Europe, investors sold shares on Friday as confidence in the eurozone's latest bailout attempts continued to waver. At 1500 hours, the London's FTSE was down 1%, the Paris Cac 40 and Frankfurt's Dax indices were down marginally.

Weekly Chg%

Asian & Emerging

Asian stocks slump as Spain borrowing costs spike: Asian stocks slumped on Friday after a spike in Spanish government borrowing costs added to the uncertainty over Europe's debt crisis and a report showed new house prices in China slid last month. Oil fell below $99 a barrel while the dollar weakened against the euro and the yen. South Korea's Kospi tumbled 2.2 per cent to 1,835.90 while Hong Kong's Hang Seng dropped 1.8 per cent to 18,476.24. Japan's Nikkei 225 index slid 1.3 per cent to 8,379.48. Australia's S&P ASX 200 declined 1.9 per cent to 4,177 while mainland China's benchmark Shanghai Composite Index shed 1.4 per cent to 2,428.39. Benchmarks in Taiwan, Singapore, Indonesia, India and New Zealand also fell. Tokyo stocks end down 1.23% at eight-week low: Tokyo stocks fell 1.23 percent to close at their lowest level in nearly eight

Sectorial Indices
Indices BANK NIFTY CNX NIFTY JUNIOR S&P CNX 500 CN XIT CNX MIDCAP CNX 100 Open 9416.35 9873.10 4127.05 6226.30 7125.45 5089.45 High 9458.35 9965.20 4141.95 6280.45 7184.90 5105.15 Low 8706 9146.80 3819.50 5978.80 6555.95 4720.60 Close 8850.25 9268.20 3869.05 6017.80 6639.45 4784.35

weeks as growing fears of eurozone crisis contagion helped boost the yen, hitting exporters. The benchmark Nikkei 225 index at the Tokyo Stock Exchange fell 104.72 points to 8,374.91, the lowest finish since September 26. The Topix index of all firstsection issues dropped 1.06 percent, or 7.73 points, to 719.98.

US Market
Wall Street falls, led by Nasdaq: US stocks were lower, led by the Nasdaq, after midday on Friday, with S&P 500 facing a test of technical support. The Dow Jones industrial average was off 5 points, or 0.04 percent, at 11,760. The Standard & Poor's 500 Index was down

Gainers
Scrip WELSPUN GLOB ONELIFE CAP HARITA SEAT PATNI COMPUTER NOVOPAN Current Close 56.55 277.15 84.25 428.25 44.90 Change 40 220.65 68 361.05 40.40 Chg % 41.38 25.61 23.90 18.61 11.14

Losers
Scrip KWALITYDAIRY RAMPAPERMILL RENUKA SUGAR KSK ENERGY WEBELSLENRGY Current Close 100.50 56.55 32.10 56.05 21.15 Change 181.30 101.80 56.85 98.70 35.90 Chg % -44.57 -44.45 -43.54 -43.21 -41.09

3 points, or 0.32 percent, at 1,212. The Nasdaq Composite Index was down 17 points, or 0.69 percent, at 2,570.
Wall Street week ahead: A rally could happen but some big 'ifs': Wall Street is in for a volatile week as escalating problems in Europe's debt crisis continue to keep investors on their toes. With light trading volume expected next week due to the US Thanksgiving holiday on Thursday, intraday swings are likely to be wide and frequent as traders instantly react to headlines out of Europe.

Micro Economic Front

FinMin gives Rs 15,000 cr more in fuel subsidy: The Finance Ministry has sanctioned an additional Rs 15,000 crore to

Mutual Fund Invesement

Indices 17-Nov-2011 16-Nov-2011 15-Nov-2011 14-Nov-2011 Buy Value 441.30 613.90 353.20 386.40 Sell Value 343.80 554.80 388.30 426.50 Net Value +97.60 +59.10 -35.10 -40.20

FIIs Investment
Indices 18-Nov-2011 17-Nov-2011 16-Nov-2011 15-Nov-2011 14-Nov-2011 Buy Value 1932.90 1737.20 1704 2542 3254 Sell Value 2093.60 2199.30 2081.10 2326.10 3041.40 Net Value -160.70 -462.10 -377.20 +215.90 +212.60

partially compensate state-owned oil firms for losses they incur on selling fuel below cost. "The Ministry of Finance has sanctioned an additional compensation of Rs 15,000 crore on November 11," a top Oil Ministry official said, adding this compensation is over and above Rs 15,000 crore sanctioned for meeting losses of first quarter ending June 30.
Diesel, LPG prices unlikely to be hiked: Already at the receiving end of political backlash after the petrol price revision, the

government is not looking at raising prices for now of subsidised diesel, kerosene and cooking LPG despite oil PSUs losing a record Rs 360 crore per day A top oil ministry official said it will be "suicidal" to even think of raising prices of diesel, LPG or kerosene just before Parliament is to meet or even during the one-month long session. The winter session of Parliament begins on Tuesday.

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Week : 21st to 25th Nov'2011

Week : 21st to 25th Nov'2011

Weekly Analysis
Spot Nifty

Observation

Expert

Stock Of The Week

Observation

Expert

TECHNICAL OVERVIEW Nifty Futures shut stop at 49223.15 down by -9.80 points or -0.20 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 4840 else above resistance level of 5080 it would be in an upward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 4840 4700 5080 5180

Weekly Chart

ANALYST RECOMMEND

BUY
SINTEX INDUSTRIES
Symbol
SINTEX (NSE)

Bank Nifty

Company Name
SINTEX INDUSTRIES LTD.

Price
Rs.91.95

Change
Rs. 4.25

Volume
6620047

52 Week High
237

% From High
-1.97%

Day High
93.80

EPS
11.30

Weekly Chart

Stock Analysis
Sintex industry in moving under a consolidation phase after a sharp fall .It can give good recovery in coming day. If it sustain above 94.05 level it will take up rally till 102.we recommend Buy Sintex industries in NSE cash above 94.05 target 98,102 with the stop loss of 90.50 .
TECHNICALS
Indices Sintex Industries

TECHNICAL OVERVIEW Bank Nifty Futures shut stop at 8881.10 down by -9.05 points or 0.10 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 8630 else above resistance level of 9170 it would be in an upward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 8630 8400 9170 9325

Support Resistance

90.50 94.05

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Week : 21st to 25th Nov'2011

Week : 21st to 25th Nov'2011

CAN SLIM
WHY CAN SLIM?
CAN SLIM is a formula created by William J. O'Neil, who is the founder of the Investor's Business Daily and author of the book How to Make Money in Stocks - A Winning System in Good Times or Bad. Each letter in CAN SLIM stands for one of the seven chief characteristics that are commonly found in the greatest winning stocks. The C-A-N-S-L-I-M. characteristics are often present prior to a stock making a significant rise in price, and making huge profits for the shareholders! O'Neil explains how he conducted an intensive study of 500 of the biggest winners in the stock market from 1953 to 1990. A model of each of these companies was built and studied. Again and again, it was noticed that almost all of the biggest stock market winners had very similar characteristics just before they began their big moves.

S
Supply and Demand: Shares Outstanding Plus Big Volume Demand.
Primary Factors SINTEX INDUSTRIES LTD. is a mid cap stock consisting of Rs. 2459.5 crores Shares Outstanding (Total Public Shareholding)

L
Leader or Laggard: Which is your stock?
Primary Factors SINTEX INDUSTRIES LTD. is a leading stock with a relative strength above 23.61% in Weekly and 28.19% in Daily.

KEY STATISTICS

C
Current Quarter Earning per Share. The Higher The Better.
Primary Factors Almost 80.39% decline in Q o Q Earnings.

I
Institutional Sponsorship: Follow the Leaders.
Primary Factors Approximately 46.32% of Shares are held by the Institutional Investors (FIIs, Mutual Funds etc.)

M A
Annual Earnings Increases: Look for a significant growth.
Primary Factors Annual Earnings showed an increase of 30.64% Y o Y.

Market Direction
Primary Factors If Market continues to remain in a secular uptrend, hence overall conditions are appropriate to initiate long position in the stock: A Big plus for the Stock

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.

N
New Products, New Management, New Highs, Buying at Right Time.
Primary Factors SINTEX INDUSTRIES LTD. is set to have a breakout as it is being consolidating with positive biasness from last many trading sessions.

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