TECHNICALVIEW

MOVINGAVERAGE 21DAYS

50DAYS

100DAYS

200DAYS

NIFTY
BANKNIFTY

8351
18026

8148
16875

7667
15530

8414
18560

NIFTYPIVOTREPORT
DAILY

R2
8692

R1
8524

PP
8440

S1
8356

S2
8188

WEEKLY

R2
8970

R1
8594

PP
8406

S1
8218

S2
7887

MONTHLY

R2
8991

R1
8599

PP
8403

S1
8011

S2
7816

BANKNIFTYPIVOTREPORT
DAILY

R2
19690

R1
19348

PP
19177

S1
19006

S2
18664

WEEKLY

R2
20897

R1
19583

PP
18926

S1
18269

S2
16955

MONTHLY

R2
20583

R1
19571

PP
18849

S1
18559

S2
17547

NSEEQUITYDAILYLEVELS
COMPANY

R3

R2

R1

PP

S1

S2

S3

ACC
ALBK

EQ 1471
EQ 134

1446
137

1436
141

1420
133

1410
130

1395
128

1369
124

AMBUJACEM
ASIAN PAINT
AXISBANK
BAJAJ-AUTO
BANKBRODA
BANKINDIA

EQ
EQ
EQ
EQ
EQ
EQ

233
799
526
2497
1111
247

232
787
541
2474
1103
243

230
769
510
2453
1094
241

228
757
505
2430
1086
237

226
739
495
2408
1076
235

222
708
480
2364
1059
229

237
829
520
2542
1128
252

BHEL
BHARTIARTL
CIPLA
COALINDIA
DLF
DRREDDY
GAIL
GRASIM
HCLTECH
HDFC
HDFCBANK
HEROMOTOCO
HINDALCO
HINDUNILVR
ICICIBANK
ITC
INDUSIND BANK
INFY
JINDALSTEL
KOTAKBANK
LT
M&M
MRF
MARUTI
ONGC
ORIENTBANK
RANBAXY
RCOM
RELCAPITAL
RELIANCE
RELINFRA
RPOWER
SBIN
SESAGOA
SUNPHARMA
TATAMOTORS
TATAPOWER
TATASTEEL
UNIONBANK

EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ

289
374
648
396
146
3281
456
3680
1645
1261
999
3159
165
784
382
374
839
2095
175
1311
1600
1272
39029
3429
365
354
644
86
522
912
547
66
323
232
839
366
87
423
252

281
369
640
389
142
3254
450
3573
1626
1209
980
3131
162
771
370
371
828
2048
168
1290
1562
1251
38610
3396
357
345
636
84
511
900
533
64
319
227
833
353
85
416
247

278
367
635
385
140
3237
447
3534
1616
1190
972
3114
161
763
366
369
822
2030
165
1280
1548
1238
38401
3378
353
340
632
83
505
892
525
63
317
224
829
347
83
413
243

273
364
632
382
139
3226
445
3466
1608
11158
961
3102
159
758
359
368
817
2001
161
1269
1525
1230
38191
3364
348
336
628
82
501
888
518
63
315
222
826
340
82
409
241

270
362
627
378
137
3210
442
3427
1597
1139
954
3086
158
750
355
366
810
1983
158
1260
1511
1216
37982
3345
344
331
624
82
494
881
510
62
313
219
823
335
81
406
237

265
359
624
376
135
3198
439
3359
1589
1106
942
3074
157
744
347
365
805
1954
154
1248
1487
1209
37772
3331
340
327
620
81
490
876
503
61
312
216
820
328
80
402
235

257
354
615
369
131
3171
434
3252
1570
1054
923
3045
154
731
336
362
794
1907
147
1228
1450
1187
37353
3299
331
318
612
79
480
865
488
60
308
211
813
315
79
395
229

NSE WEEKLY NEWS UPDATE

Bank Nifty index surges to record high
Banking stocks surged, with the Bank Nifty Index hitting a record high on hopes of faster
reforms in the sector ahead of a two-day industry meet that starts on Friday.The one-of-a-kind
retreat, spearheaded by Prime Minister Narendra Modi along with central bank Governor
Raghuram Rajan and Finance Minister Arun Jaitley, will include all top bankers to address
issues such as consolidation, bad loans, financial inclusion and capital needs.Bank Nifty is up
1.58% or 297 points at 19,047, touching a record high of 19,056 during the intra-day trades.The
benchmark CNX Nifty is up 1.26% or 104 points at 8,388.

Tata Motors' sales up 10% in December

Tata Motors today reported 10 per cent increase in total sales at 41,734 units in December, as
against 37,836 units in the same month last year. Domestic sales of Tata commercial and
passenger vehicles grew by 8 per cent at 37,776 units as compared to 35,010 units in December
2013, Tata Motors said in a statement. Sales of passenger vehicles in the domestic market in
December stood at 12,040 units, up 30 per cent from 9,272 units in December 2013.

Maruti's December sales jump 20.8 pc; shares up

Country's largest car-maker Maruti Suzuki India (MSI) on Thursday reported a 20.8 per cent
increase in total sales in December at 1,09,791 units. The car maker had reported sales of
90,924 units in the same month last year. Following the release of strong sales numbers, shares
of Maruti were trading 0.50 per cent higher at Rs 3,344 in an otherwise weak general market.

SpiceJet extends flight cancellations till January 31

Cash-strapped carrier SpiceJet has extended its cancellations till next month affecting over 300
flights, but the government on Tuesday made it clear that the airline will have to itself resolve
its financial woes. Meanwhile, the Airports Authority of India (AAI) is likely to put SpiceJet on
the pre-payment mode from Wednesday midnight as the earlier deadline of the two-weeks
credit window ends on Wednesday.

 RINL gets Sebi's nod for IPO

State-run Rashtriya Ispat Nigam Ltd (RINL) has received market regulator Sebi's approval to
raise funds through an initial public offer (IPO). The steel maker had filed its draft papers with
the Securities and Exchange Board of India (Sebi) for the proposed public offer in September.
Sebi issued its final 'observations' on the draft red-herring prospectus (DRHP) documents on
December 22, according to the latest update by the capital markets regulator. Under the
proposed IPO, the government would offload 48,89,84,620 shares through an offer for sale, of
which 35 per cent will be reserved for retail investors and 50 per cent for qualified institutional
buyers.

RIL completes Network18 open offers for Rs 17 crore

In a New Year gift to its shareholders, Reliance Industries (RIL) completed its long-drawn
acquisition of Network18 without breaking a sweat, at a fraction of the costs originally
proposed. The open offers of Network18 Media & Investments and TV18 Broadcast, expected
to cost about Rs 2,200 crore, were completed at a total expenditure of Rs 17 crore as very few
investors tendered their shares in the offer, according to exchange filings by the two media
firms on Thursday.The conclusion of the open offers marks the end of a three-year, multi-level
acquisition process that began with an announcement in January 2012. In a three-way deal, RIL
initially infused funds through a rights issue to help finance a buyout of some channels of the
Ramoji Rao-owned ETV Network. It initially controlled the investment through an independent
trust, used to acquire direct control of equity last year, resulting in the open offers.

Saksoft rallies 43.9% in two days

Saksoft was locked at 20% upper circuit at Rs 191.50 on BSE, with the stock extending recent
rally triggered by the company acquiring 51% stake in Threesixty Logica Testing.On BSE, so
far 18,000 shares were traded in the counter as against average daily volume of 2,965 shares in
the past one quarter.The stock hit a low of Rs 168 so far during the day. The stock had hit a 52week high of Rs 197 on 13 October 2014. The stock had hit a 52-week low of Rs 64 on 2
January 2014.The stock had outperformed the market over the past one month till 1 January
2015, jumping 8.57% compared with the Sensex's 3.68% fall. The scrip had also outperformed
the market in past one quarter, surging 14.29% as against Sensex's 3.54% rise.

BSE to move 45 scrips to T group from Jan 6

The Bombay Stock Exchange has decided to transfer scrips of as many as 45 companies to the
restricted trading segment from January 6 to safeguard the interests of investors.The stocks to

be moved to the T group include White Diamond Industries, South Asian Enterprises, Adi
Rasayan and Chambal Breweries & Distilleries Ltd.The stock exchange said that it would be
shifting 45 scrips to the trade-for-trade or the T group segment.Under the trade-for-trade
segment, no speculative trading is allowed and delivery of shares and payment of the
consideration amount are mandatory.These stocks would attract a price band of 5 per cent
which would be the maximum permissible limit within which the share price can move.Also,
BSE said that about 236 scrips, including Zodiac Ventures, Universal Credit & Securities,
Oswal Overseas and Microse India, will continue to trade in the restricted trade segment.The
NSE said in a circular that it will move ATN International, Birla Cotsyn (India) and NRB
Industrial Bearings to the restricted trading category from January 6.

SRF signs agreement with US company

SRF signed a definitive agreement with El DuPont De Nemours and Company, US, on
Wednesday with immediate effect. Under the transaction, SRF acquires Global DuPont Dymel
HFC 134a pharma business, will own Du Fonts Dymel brand and receive the technology and
knowhow for setting up its own current Good Manufacturing Practices facility for
manufacturing HFC 134a pharma grade. DuPont will supply SRF the product from its existing
facility till SRFs facility is approved. The consideration for the transaction is $20 million
payable in cash. SRF has two plants that manufacture technical grade HFC 134a. The SRF
board has already approved the proposal. Shares of SRF closed little changed at 875.

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