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Tuesday, November 1, 2016

Nifty Closes above 8600, Takes Support Of 8550

Indian Market Outlook: Indian markets which are opening today after Diwali holidays are all set to digest news on PMI Data which will be announced today by all major economics of the world. The main benchmark Nifty has been trading in a range since last few weeks with an upside resistance of 8800 and support of 8510. The range has continued for more than ten weeks and the probability of markets breaking out of this range in the coming days is very high. FII has used the October month to book profits in the positions held since previous months by being sellers to the tune of Rs 5663 cr. Compared to the month of May where they sold worth Rs.186 cr Approx. The big selling by the FII has been balanced by DII who have been supporting the markets thus leading to a range formation.
NSE Small Cap Index continues to be an out performer, trading at 6490 which is near the all time high of 6540.
Nifty Futures is expected to open at 8633 as per SGX Nifty at 8:30 am IST, which is 5 points above its previous close of 8629 at Mahurat Trading.

Open Interest Index F&O and Cash Segment Activity

Open Interest Index F&O and Cash Segment Activity
In cash segment, last trading day, FII have sold shares worth Rs. 777.58 Cr and DII bought shares worth Rs. 1124 Cr. A combined buy of Rs. 346.50 Cr. For this expiry, FII and DII together are buyers worth Rs. 346.50 Cr.
In Index Options, last trading day, FII have sold 24001 contracts, above its 1 year average of 18280 contracts. Pro have bought 26087 contracts, below its 1 year average of 27670 contracts. Combined there has been a net buy of 2086 contracts, below its 1 year average of 39000 contracts. For the current expiry, FII and Pro combined are net buyers of 2086 contracts.
In Index Futures, last trading day, FII have sold 17089 contracts, above its 1 year average of 9706 contracts. Pro have sold 3316 contracts, below its 1 year average of 4903 contracts. Combined there has been a net sell of 20405 contracts above its 1 year average of 9401 contracts. For the current expiry, FII and Pro combined are net sellers of 20405 contracts.
Index Country 1D % Change
Developed Markets
America S AND P 500 INDEX US -0.01
DJIA INDEX US -0.06
Europe DAX INDEX Germany 0.25
EURO STOXX 50 INDEX Eurozone -0.03
CAC 40 INDEX Paris -0.08
FTSE 100 INDEX London -0.22
Asia NIKKEI 225 INDEX Japan -0.12
ASX 200 INDEX Australia 0.641
Emerging Markets
America BOVESPA INDEX Brazil 0.96
Asia JAKARTA COMPOSITE INDEX Jakarta 0.227
HANG SENG INDEX China -0.09
SET INDEX Thailand 0.09
KOSPI INDEX Korea -0.23
STRAITS TIMES INDEX Singapore -0.08
Data as on 31st October 2016. The % change is taken from previous day's close.
International Market Morning Update:
International markets are stuck in a trading range with US benchmark index S&P futures trading in a range of 2165-2107 with actions shifting to US Fed meeting to be held tomorrow night which is expected to keep rates unchanged.
The big trend changing event for the month of November will be US presidential elections on 8 November. The results are expected on 9th morning during our market hours which can lead to either side movement in all major Global Indices.
In the Asian Markets, Japan's Nikkei is trading flat as it awaits Bank Of Japan Credit policy announcement 9 am IST today.

List of Top Gainers and Losers on 1st November 2016

TOP GAINER TOP LOSER
SYMBOL LTP %CHANGE SECTOR SYMBOL LTP %CHANGE SECTOR
TIRUMALCHM 871 20 CHEMICALS BPL 77.8 -9.95 REALTY- HOUSEHOLD
IGPL 290.5 11.95 CHEMICALS VRLLOG 289.7 -6.4 TRANSPORTATION LOGISTICS
PHILIPCARB 279 8.18 CHEMICALS INOXLEISUR 251.15 -4.6 MEDIA- ENTERTAINMENT
SHRIRAMCIT 2499.8 7.79 FINANCIAL SERVICES- NBFC ZENSARTECH 920.05 -3.65 IT
IIFL 328.65 6.83 FINANCIAL SERVICES CAPF 704.75 -3.37 FINANCIAL SERVICES
INDIANB 232.55 6.63 BANKS-PSU GPPL 162.8 -2.25 TRANSPORTATION LOGISTICS
JUBILANT 689 6.49 PHARMA ADFFOODS 175.1 -2.23 FMCG- FOOD
KAJARIACER 625.35 6.48 REALTY- HOUSEHOLD WONDERLA 398 -2.2 MEDIA- ENTERTAINMENT
SUDARSCHEM 399.5 6.1 CHEMICALS BLISSGVS 157.5 -2.08 PHARMA
ADANITRANS 45.8 6.01 INFRA- POWER SSWL 652.7 -2.03 AUTO-AUTO ANCL AND COMPONENTS
TFCILTD 69.7 5.53 FINANCIAL SERVICES- NBFC INDIANHUME 830 -2.02 INFRA- CONSTRUCTION ENGINEERING AND MATERIALS
CENTENKA 328.4 5.24 TEXTILES AND APPAREL WHIRLPOOL 1121.45 -1.61 REALTY- HOUSEHOLD
JKPAPER 90.9 4.9 PAPER NAVINFLUOR 2617.15 -1.59 CHEMICALS
VLSFINANCE 76.3 4.38 FINANCIAL SERVICES BANCOINDIA 222.15 -1.53 AUTO-AUTO ANCL AND COMPONENTS
HERITGFOOD 908 4.31 FMCG- FOOD SONASTEER 68 -1.52 AUTO-AUTO ANCL AND COMPONENTS
CHOLAFIN 1187.5 4.24 FINANCIAL SERVICES- NBFC TVSSRICHAK 3680 -1.34 AUTO- TYRES AND TUBES
MUNJALSHOW 237.9 4.16 AUTO-AUTO ANCL AND COMPONENTS JYOTHYLAB 354.25 -1.34 FMCG
WSTCSTPAPR 137 4.14 PAPER GUJALKALI 401 -1.3 CHEMICALS
JMFINANCIL 84.9 4.11 FINANCIAL SERVICES DEEPAKFERT 219.45 -1.3 FERTILISERS
VTL 1144.9 3.68 TEXTILES AND APPAREL DEEPIND 263.4 -1.29 ENERGY-OIL & GAS
BIRLACORPN 778.1 3.6 CEMENT J&KBANK 67.2 -1.17 BANKS-PRIVATE
GMDCLTD 111.75 3.52 METALS AND MINING RAJESHEXPO 475.55 -1.15 JEWELLERY
DALMIASUG 119.4 3.38 FMCG- SUGAR BINANIIND 102 -1.11 CEMENT
PRAKASH 61.35 3.36 METALS AND MINING PEL 1781.3 -0.93 PHARMA
BAJAJFINSV 3376.95 3.33 FINANCIAL SERVICES- NBFC TAKE 163.1 -0.91 IT
DHAMPURSUG 122.3 3.21 FMCG- SUGAR JAGRAN 194.75 -0.89 MEDIA
CHEMFALKAL 337.25 3.2 CHEMICALS IGARASHI 808.2 -0.83 AUTO-AUTO ANCL AND COMPONENTS
VAKRANGEE 252.35 3.04 IT LINCOLN 233.25 -0.74 PHARMA
DCBBANK 131.05 2.86 BANKS-PRIVATE SIMPLEXINF 327.1 -0.73 INFRA- CONSTRUCTION ENGINEERING AND MATERIALS

Dynamic Sector Performance - 1st November 2016

Sector % Change
PAPER 3.28%
FMCG- SUGAR 2.57%
CHEMICALS 2.29%
METALS AND MINING 1.69%
PHARMA 1.54%
DIVERSIFIED 1.22%
BANKS-PRIVATE 1.16%
ENERGY-OIL & GAS 1.07%
INFRA- MACHINERY EQUIPMENT 1.06%
AUTO- AUTOMOBILES AND AUTO PARTS 1.06%
AUTO- TYRES AND TUBES 1.02%
BANKS-PSU 0.96%
FINANCIAL SERVICES- NBFC 0.89%
FMCG- FOOD 0.89%
INFRA- POWER 0.89%
DEFENCE 0.87%
FMCG 0.80%
IT 0.78%
CEMENT 0.77%
FINANCIAL SERVICES 0.73%
REALTY 0.71%
FMCG- BREVERAGES 0.65%
INFRA- CONSTRUCTION ENGINEERING AND MATERIALS 0.53%
AUTO-AUTO ANCL AND COMPONENTS 0.51%
MEDIA 0.41%
REALTY- HOUSEHOLD 0.37%
TEXTILES AND APPAREL 0.29%
MEDIA- ENTERTAINMENT 0.28%
FERTILISERS 0.27%
AIRLINES 0.11%
ENTERTAINMENT-HOTELS AND LEISURE 0.03%
JEWELLERY 0.03%
FOOTWEAR -0.09%
TRANSPORTATION LOGISTICS -0.14%
FMCG- PACKAGING -0.14%
INFRA- TELECOM -0.66%

Stocks Near Support

Support Shares
These stocks were near support on 1st November
Script LTP Support Level Script LTP Support Level
Large cap stocks Small & Mid cap stocks
RELINFRA 543.1 533.8 Month 1 Low GPPL 162.8 161.7 Month 3 Low
POWERGRID 175.9 171.6 Month 1 Low PEL 1775 1757 Month 1 Low
HAVELLS 407.1 396.5 Month 1 Low FINPIPE 449.1 441.2 Month 2 Low
BAJAJ-AUTO 2848 2705 Month 2 Low INOXLEISUR 251 237.8 Month 3 Low
INDUSINDBK> 1200 1145 Month 2 Low KCPSUGIND 31.4 30.45 Month 1 Low
CASTROLIND 458.4 453.85 Week 4 Low CHENNPETRO 281.2 274.2 Month 1 Low
IOC 323.5 310.5 Week 2 Low BPL 77.8 84 Week 2 Low
JINDALSTEL 75.25 73.35 Week 4 Low KANSAINER 379.1 358.6 Month 1 Low
JETAIRWAYS 458.9 443.1 Week 2 Low SCI 67.85 64 Month 2 Low
INDIACEM 157.1 151.5 Week 2 Low GEOMETRIC 230.5 222.6 Month 2 Low

Result Calendar

Company Name Result Date Company Name Result Date
HMVL 1-Nov INTELLECT 3-Nov
MAJESCO 1-Nov TAKE 3-Nov
KELLTONTEC 1-Nov MONSANTO 3-Nov
CENTURYPLY 1-Nov TUBEINVEST 3-Nov
SONATSOFTW 2-Nov UNIONBANK 4-Nov
TAJGVK 2-Nov SHARDACROP 4-Nov
SUNDRMFAST 2-Nov PFIZER 4-Nov
HTMEDIA 2-Nov MFSL 4-Nov
OUDHSUG 2-Nov ALBK 4-Nov
UPERGANGES 2-Nov UBL 4-Nov
CENTENKA 3-Nov RADICO 4-Nov
CHEMFALKAL 3-Nov FMGOETZE 4-Nov
COSMOFILMS 3-Nov TITAN 4-Nov
AMBUJACEM 3-Nov CARERATING 4-Nov
TTKPRESTIG 3-Nov NEULANDLAB 4-Nov
LALPATHLAB 3-Nov UCALFUEL 4-Nov
ICRA 3-Nov JINDALSAW 4-Nov
BERGEPAINT 3-Nov GATI 4-Nov
MPHASIS 3-Nov KCPSUGIND 4-Nov

DISCLAIMER

Research Team - Tel: 033-30010001, write to us at clientsupport@dynamiclevels.com to give feedback. Website: www.dynamiclevels.com
1. The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision
2. Past performance is not an indicator of future returns.

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