leading financial advisory today’s equity newsletter 16 may-14

LEADING FINANCIAL ADVISORY OF INDIA

DAILY EQUITY

NEWSLETTER

16 MAY-14

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DAILY NEWSLETTER

16TH May

TODAY’S MARKET HEADLINES

· Sensex rides Modi wave to scale 25,000, trims gain at close. Benchmark indices ended at new closing highs Friday, but shed much of the intra-day gains despite the BJP-led NDA coalition winning by a much bigger margin than expected.

. No Modi magic seen in IT stocks; Infosys, TCS, Wipro fall over 2 per cent

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HEADLINES

*International Market*

·Wall St falls for second day; small caps slide again. US stocks fell on Thursday, giving the Dow and the S&P 500 their worst declines in more than a month, as small-cap shares extended their retreat and Wal-Mart results disappointed.

. Asian markets weak; Nikkei down 1.5%, Taiwan Weighted slips.

. Euro zone Q1 GDP grows 0.2%, below forecasts for 0.4%. The euro zone's economy grew less-than-expected in the first three months of the year, underlining concerns over the region's economic outlook, official preliminary data showed on Thursday.

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FII’s AND DII’s

Category Date Buy Sell Net

FII

DII

NIFTY DAILY PIVOTS

Pivot

Nifty 8164 7731 7467 7298 7034 6865 6432 5999

16-05-14

16-05-14

11962.31 8327.49

3329.16 -349.32

3634.82

3678.48

R3 R2 R1 PP S1 S2 S3 S4

Script For BanINDIABULLS REAL

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Today’s Gainers Daily Nifty Gainers

Scripts

SSLT

PNB

BPCL

DLF

Today’s LosersDaily Nifty Losers

Scripts

TATASTEEL

ITC

DRREDDY

Rate PR Close Net Change Change in %

11.0521.4193.6215

924.95 855.2 69.75 8.16

551.7 516.35 35.35 6.85

170.3 159.95 6.50 6.5

Rate PR Close Net Change Change in %

20.60440 460.6 4.47

356

2405

368.15 12.15 3.30

2481.60 76.60 3.09

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Professionals Points Of Views

NIFTY

•Nifty Consolidate

•Buy on Dips

•Support 7400

•Resistance 7150

BANK NIFTY

•Bank Nifty Consolidate

•Buy on Dips

•Support 15300

•Resistance 14850

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CASH

Scripts

CANBANK

YESBANK

FUTURE

Scripts Recom

IRB BUY

UNION BANK

CANBANK

Recom Level 1st TG 2nd TG Stop Loss

Recom Level 1st TG 2nd TG Stop Loss

BUY 365 370 380 357

BUY 565 570 580 556

BUY

BUY

187

161.1172167164

184198191

BUY 378 383 393 372

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Disclaimer

All data and reports at MMF and Solutions are only information services

for investors and are not individualized recommendations to buy or sell

securities, nor offers to buy or sell securities. The publishers of reports,

reviews and analysis under MMF Solutions are not acting in any way to

influence the purchase or sale of securities.

The information provided is obtained from sources deemed reliable but is not

guaranteed as to accuracy or completeness or as to the results obtained by

individuals using such information. It is possible at this or some subsequent

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own, buy or sell securities presented.

Each user shall be responsible for the risks of their own investment

activities.

We, however, do not touch for the accuracy or the completeness, thereof. We

are not responsible for any losses incurred whatsoever for any financial

profit or loss which may arise from the recommendation above does not

support to be an invitation or an offer to buy or sell any financial instrument .

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