TECHNICALVIEW

MOVINGAVERAGE 21DAYS

50DAYS

100DAYS

200DAYS

NIFTY
BANKNIFTY

2162
16640

7977
16046

7390
14528

8409
17468

NIFTYPIVOTREPORT
DAILY

R2
8592

R1
8330

PP
8223

S1
8164

S2
7950

WEEKLY

R2
8884

R1
8476

PP
8272

S1
8068

S2
7660

MONTHLY

R2
8884

R1
8476

PP
8272

S1
8068

S2
7660

BANKNIFTYPIVOTREPORT
DAILY

R2
19485

R1
18995

PP
18750

S1
18505

S2
18015

WEEKLY

R2
20254

R1
19222

PP
18706

S1
18190

S2
17474

MONTHLY

R2
20254

R1
19222

PP
18706

S1
18190

S2
17474

NSEEQUITYDAILYLEVELS
COMPANY

R3

R2

R1

PP

S1

S2

S3

ACC
ALBK

EQ 1447
EQ 139

1422
134

1407
132

1396
128

1382
126

1371
123

1346
117

AMBUJACEM
ASIAN PAINT
AXISBANK
BAJAJ-AUTO
BANKBRODA
BANKINDIA

EQ
EQ
EQ
EQ
EQ
EQ

232
745
506
2518
1084
308

229
736
500
2499
1076
305

226
729
494
2479
1065
298

223
720
488
2460
1057
294

221
713
482
2441
1046
287

215
697
470
2402
1027
276

237
761
518
2557
1103
319

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

268
367
644
390
148
3216
454
3545
1643
1155
968
3196
159
773
369
382
807
2007
161
1295
1530
1305
38764
3474
358
362
635
85
530
912
517
63
315
218
826
340
84
415
263

260
360
634
384
141
3176
445
3472
1597
1133
958
3145
155
761
360
375
795
1977
154
1272
1509
1278
37702
3411
351
349
623
83
516
899
506
62
311
212
817
334
82
405
250

256
357
628
381
138
3155
441
3427
1580
1124
953
3120
153
756
355
371
790
1964
152
1262
1499
1266
37072
3272
347
345
619
81
507
894
501
61
309
210
814
331
82
401
245

253
353
624
379
134
3136
435
3398
1551
1111
948
3094
151
750
351
369
783
1947
148
1248
1488
1250
36641
3349
344
337
612
80
502
887
495
60
307
206
808
328
81
396
337

248
350
618
376
131
3115
431
3353
1535
1102
943
3069
149
744
347
365
778
1935
145
1239
1478
1239
36011
3309
341
333
607
78
493
881
490
60
305
203
805
325
80
392
332

245
346
613
373
127
3095
426
3325
1505
1088
937
3042
147
738
343
362
772
1918
141
1225
1467
1223
35580
3286
337
325
600
77
488
874
484
59
304
199
800
322
79
386
323

237
338
603
368
120
3055
416
3251
1459
1066
927
2991
144
727
334
356
760
1888
134
1202
1446
1196
34518
3223
330
313
589
74
474
862
473
58
300
193
791
316
78
376
210

NSE WEEKLY NEWS UPDATE

RIL, BP, Hardy Oil give up KG block
Reliance Industries (RIL), along with partners BP and Hardy Oil, has surrendered its
discovered gas block KG-D3 in the Krishna-Godavari basin due to operational restrictions
placed by the defence ministry. The basin is estimated to contain 500 billion cubic feet of inplace gas reserves. Hardy Oil, the consortium partner, cited the uncertainty over long-term
natural gas pricing in India as one of the other reasons for the decision as well as the
government-imposed gas price being lower than expected.
GAIL, CIL ink deal for Rs 9k crore coal gas, urea plant
Odisha is set to get a Rs 9,000 crore booster dose of investment, with state-run Coal India Ltd
and gas utility GAIL on Wednesday signing agreements to set up a plant in Talcher for
synthesizing gas from coal and use it to make fertilizer. Rashtriya Chemicals and Fertilizers and
Fertilizer Corporation of India would join Coal India and GAIL for setting up an integrated
complex for coal gassification and manufacturing fertilizer and ammonium nitrate by 2019,
fertilizer minister Ananth Kumar said after the companies signed joint venture agreements. Oil
minister Dharmendra Pradhan said the upstream facility for producing syngas would cost Rs
3,000 crore and the integrated fertilizer plant Rs 6,000 crore.
Govt approves 100% FDI in medical devices sector
The government on Wednesday allowed 100 per cent FDI under automatic route in medical
devices sector to encourage manufacturing of equipments, including diagnostic kits and other
devices. "Easing of norms for medical devices industry by creating special carve out in the
extant FDI policy on pharma sector will encourage FDI inflows in this area," said an official
statement issued after the Union Cabinet meeting here.
UltraTech buys Jaypee cement units
Kumar Mangalam Birla-led Aditya Birla Group's flagship firm UltraTech Cement has decided
to acquire two cement units of Jaiprakash Associates (JAL) with a combined capacity of 4.9
million tonnes per annum (mtpa) in Madhya Pradesh (MP) for an enterprise value of Rs 5,400
crore (around $860 million). The cement plants also include captive power plants with a
combined capacity of 180 MW.
The move would fit into Kumar Mangalam Birla's stated ambition of having a cement capacity
of 100 mtpa by 2020. UltraTech is India's largest cement maker with a capacity of 60 mtpa,
which will increase to 65 mtpa post this acquisition and 71 mtpa by 2016 with projects
underway. Aditya Birla group has also submitted a non-binding bid to acquire some of HolcimLafarge's cement assets in Brazil and a few other countries.

 GAIL to pay royalty on RIL gas price

State-owned GAIL India Ltd has been asked to pay royalty on the $1.41 per unit it is collecting
on natural gas produced from Reliance Industries' eastern offshore KG-D6 fields. While
announcing a 33 per cent hike in natural gas price to $5.61, the government had on October 17
said RIL will continue to get the old rate of $4.2 for the main D1&D3 gas field in KG-D6 block
and the incremental $1.41 per unit will go into a gas pool account, managed by GAIL, till the
dispute over fall in output is settled.
FIIs inflow in Indian capital markets at Rs 2.6 lakh crore in 2014
Overseas investors have poured in over Rs 14,000 crore in the Indian capital markets this
month so far, taking total inflows to a staggering Rs 2.6 lakh crore this year. The net investment
by foreign investors into equities stood at Rs 3,430 crore (570 million) during December 1-19,
while total inflows in the debt market during the same period were Rs 10,808 crore (1.75
billion), taking the total to Rs 14,239 crore ($2.3 billion), as per latest data.
Investors told to put Rs 200 crore into SpiceJet by year-end
The government has asked troubled SpiceJet's potential investors, led by co-founder Ajay
Singh, to put in at least Rs 200 crore into the airline by the year-end. Singh, who had sold his
stake to current promoter Kalanithi Maran in 2010, is planning to pump in about Rs 1,300 crore
along with a couple of global PE funds and re-acquire the airline.
ONGC gets Rs 1,000cr VAT relief from Gujarat HC
The Oil and Natural Gas Corporation (ONGC) Ltd on Thursday received a major relief from
the Gujarat high court (HC) which exempted it from paying value added tax (VAT) of Rs 1,000
crore to the state government.
ONGC supplies crude oil and petroleum products from its wells to Oil Marketing Companies
(OMCs) like Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum and others.
The sales invoice are raised based on the international prices, however, it sells crude to the
OMCs at subsidized rate fixed by the Union government.
MTNL raises Rs 3,768.97 crore through bonds this fiscal: Government
State-run MTNL has so far raised Rs 3,768.97 crore through bonds in the current financial year,
Parliament was informed on Friday.
"MTNL has raised Rs 3,768.97 crore in FY 2014-15 i.e. Rs 2,268.90 crore on November 28,
2014 and Rs 15,00.07 crore on November 19, 2014 by selling bonds," communications and IT
minister Ravi Shankar Prasad said in a written reply to the Rajya Sabha.

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