Weekly Equity Report by www.capitalheight.com 09-01-2012 to 13-12-2012

MARKET WRAP OF WEEKLY EQUITY

·         Indian market ends significantly up with gain of 2.7% throughout the week.

·         U.S. Unemployment claims came at 372K while Unemployment rate at 8.5%.

·         Global markets ended green; Asian ranging (-) 1 to 2.5%, US ranging 1%-2.5%.

Indian markets gains significantly this week due to positive global cues. Both benchmark indices gains around 2.7%. Bank Nifty was the top gainer this week. For India, the coming week will be very important. IIP (Nov.), inflation (Dec.) and Infosys results are due next week. Lot more results are scheduled in the coming weeks. Nifty is expected to remain consolidate this week, the level of 4820 may proves to be important resistance breaking which it may go to 5000, while its resistance is at around 4600.

Food inflation witnessed a sharp moderation to (-) 3.36% for the week ended Dec24 from 0.42% in the previous week as prices of pulses & cereals become cheaper.Inflation in primary articles was up 0.10% compared to 2.7% in the previous week.India’s foreign exchange reserves continued their slide for the second consecutive week, falling by over USD 4.18 billion to USD 296.69 billion, slipping below the long-held USD 300-billion mark. Fuel and power inflation accelerated to 14.60% vs. 14.37%.

US stocks have strayed from their recent link to euro moves, and the start of US corporate earnings next week could help shift investor focus back to US fundamentals from Europe. European markets ended green ranging 0% to 2.7% with DAX leading; U.S markets has also made gains with DJIA gaining 1.2%, S&P 500 up 1.6%, NASDAQ ending 2.65% up.  Asian markets were green with Hang Seng up 1%, Nikkei & KLSE losing near 1% Strait times was up 2.6% and Jakarta made a gain of 1.25%.

Technical Views

NIFTY

Trend: – Consolidate

Resistance: – 4930, 5150

 Support: – 4520, 4350

Strategy: – Sell on High

BANK NIFTY

Trend: – Consolidate

Resistance: – 8800, 9200

Support: – 7900, 7500

Strategy: – Sell on High

Money CapitalHeight Research Pvt Ltdis a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Equity Tipsas well as Commodity Tips.

We are a team of highly qualified and experienced analysts, who deliver their expertise in providing stock market calls for traders which include tips like Stock Tips, Commodity Tips, MCX Tips, Equity Tipsand Intraday Tips. All services are provided through SMS and Instant Messenger.
Our research is based around these services :

·                                          Stock Tips

·                                          Commodity Tips

·                                          Equity Tips

·                                          Intraday Tips

·                                          NCDEX Tips

Money CapitalHeight Research Pvt Ltdalways aim at providing services in accordance with the comfort levels of all traders and investors in stock market ranging from small investors to HNI’s, who trade in vast domain of share market such as Intraday, Index Trading (NIFTY & BANK NIFTY ), Equity Market, F&O, MCX, NCDEX.

Commodity Tips, equity tips, free share tips intraday, Free Stock Tips, free stock tips for intraday, intraday stock tips, Intraday Tips, mcx tips, stock future tips, Stock Tips

For stock tips, commodity tips, mcx tips, equity tips, please visit our site at http://www.capitalheight.com  or please call our 24/7 Customer Care Support us at  +91 9993066624,  0731 – 4295 – 950

Or email us at:  [email protected]

###