Monday 2 February 2015

EQUITY WEEKLY MARKET ANALYSIS FOR 2 FEB 2015

NEWS INSIGHT

Sensex slid by 499 points after hitting record maximum; Nifty holds 8800

CIL mega share sale, sails through; government to get Rs 22,600 crore

RBI is seen holding rates stable on 3 Feburary; some analysts expect a cut

NTPC Q3 profit increased by 7.4 percent to Rs 3,074 cr, revenue flat

Dabur Q3 profit jumps to 16.4 percent to Rs 282.8 cr, meets forecast

Spicejet deal lifted multiple questions for SEBI

Long regime tax free bonds may come back in Budget 2015

Nifty has made a low-lying of 8775.10 on Friday which was similar to the max of 8774. Thus, a new support has formed at 8775. Buying should be attempted with SL of 8775 for a target of 8950.

NIFTY is 8990 on Positional Resistance

Intraday Support of NIFTY is 8775

Immediate resistance for NIFTY is 8868

WEEKLY GAINERS AND LOOSERS
GAINERS
HCL Tech.
BPCL
DLF
Tata Power

Cipla 

LOOSERS
M&M
PNB
Coal India
SBI
BOB

No comments:

Post a Comment