Weekly Calls

Weekly Picks
Exhibit 2: 1: Eros Eros International International Media Media Weekly Candlestick Chart

July 8, 2013

Eros International Media

Code: CMP: Comment: Action: Reco. Date: Stop-loss: Targets:

EROINT 130.35 Testing lower end of the Red falling channel. Buy above 133.65 July 08 , 2013 125.5 148 / higher

Source: Spider software, ICICIdirect.com Research

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Trend Scanner
Positive Trends
Scrip Name Berger Paint Eicher Motor Thermax Close 235.6 3614.6 616.7 50 days EMA 230 3432 590.6 20-day EMA 233.75 3507.6 599.15 5-day EMA 234 3553.3 601.6

Weekly Candlestick Patterns

Bullish Reversal Pattern Scrip Name Bulliish Engulfing Oberoi Realty Dhanlaxmi Bank Tata Motors Piercing Line Birla Corp 230.1 25.85 Shooting Star 103.95 202.45 Zee Entertainment 238.6 JPInfratec
Close 79.79 784 45.35 50 days EMA 87.45 803 47.1 20-day EMA 81.5 790.5 46 5-day EMA 81 789 45.75

Bearish Reversal Pattern Close 213.7 35.05 296.2 Dark Cloud Cover Balmer Lawrie 352.25 Scrip Name Bearish Engulfing L&T Finance 75.6 Close

Negative Trends
Scrip Name Purvankara Wyeth Gujarat Pipavav Port

Hammer NMDC Maharashtra Seamle

Morning Star NA

Evening Star NA

Note: Positive / Negative Trend stocks are scanned on the basis of mechanical signal. Stocks which are trading above their 50 day EMA (Exponential moving average) and where 50 day EMA is rising for at least three sessions are considered in positive trend and further filtered for a momentum signal of a cross over between 5 and 20 period moving average. Opposite is true for Negative trending stocks.

Note: For Candlestick pattern description please refer to page 06 of the report.

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Market Activity
Domestic Indices

Nifty Gainers / Losers for the week (%)

Sectoral Indices Performance

INDICES Sensex Nifty Auto Banking Capital goods Cons durables FMCG Healthcare IT Metal Oil & gas Power Realty BSE 500 BSE midcap BSE small cap Current 19495.82 5867.9 10818.24 13038.14 9122.82 6159.64 6845.94 9083.1 6226.41 7647.58 8915.96 1620.48 1513.2 7209.1 5991.99 5692.05 1Wk 0.5 0.4 1.0 -1.7 0.1 0.4 6.0 2.7 -0.5 -1.4 0.2 -0.1 0.1 0.6 0.5 0.9 1M 0.1 -0.1 0.9 -1.9 -0.4 0.3 5.1 2.6 -0.2 -2.0 -1.3 -0.2 0.0 -2.9 -6.7 -4.6 Performance in % 3M 6M 4.9 4.7 11.6 1.7 1.1 -12.0 16.5 10.6 -7.4 -10.5 6.1 -2.2 -14.9 2.7 -2.6 -4.2 -1.9 -3.0 -6.7 -11.5 -18.2 -22.3 15.3 10.5 7.7 -32.7 -0.8 -20.3 -31.3 -7.2 -18.2 -25.5

Index
CNX Nifty S&P BSE Sensex Nifty Future S&P BSE 500 S&P BSE Midcap S&P BSE Small cap

Current
5867.90 19495.82 5874.95 7209.10 5991.99 5692.05

Previous Change%
5842.20 19395.81 5841.45 7164.06 5964.50 5643.52 0.44 0.52 0.57 0.63 0.46 0.86

-3.3 -3.3 -3.3 -3.9 -4.5 GAIL TATAMOTORS ITC LUPIN RANBAXY -20.0 -10.0 0.0

HDFC TATASTEEL POWERGRID PNB ONGC 4.4 5.3 5.6 6.9 10.7 10.0

Global Indices Weekly Performance

Japan US France Germany

14,310.0 4.6% 1,631.9 1.6% 3,753.9 0.4% 7,806.0 -1.9%

UK China Hong Kong Brazil

6,375.5 2.6% 2,007.2 1.4% 20,854.7 0.3% 45,210.5 -4.7%

Institutional Activity
FII
Previous Week MTD QTD -601 -601 5164 55824

DII
370 370 -3239 -12335

Commodities
Close Gold Copper Brent Crude 1223.31 3.05 107.59 Prev. Close 1233.14 3.04 101.99

in US $
%Chg -0.80 0.33 5.49

YTD

*Previous week figure are povisional figure *MTD- Month till date; QTD- Quarter till date *YTD- Year till date

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Strategy Follow up Previous Week

Date 3-Jun 5-Jul 5-Jul Scrip Apollo Hospital Aurobindo Pharma Biocon Product Cash Cash Cash Strategy Buy Buy Buy RP 980.00 178.00 277.00 Target 1140/+ 195/+ 296.00 SL 925.00 167.00 265.00 Gain/Loss % 5.00 2.00 Comment Open Gained 180 to 190 Closed at 282.50

NOTES :

The Buy over price is a key technical level which decides the trend for the week Please initiate the trade within 1% range of the recommended price Once the call is initiated, an appropriate Stop Loss trigger should be put for the trade Once into the position, put trailing stops to preserve your profits The strategies are valid for about a week beginning the date mentioned at the top Positions may be squared off by the end of the week. The writer may have position in the stocks discussed.

MOST IMP: The follow-up and performance review table of the strategies indicates the profit opportunity that was available in the strategies. Individual profits may vary depending upon the entry and exit price and stop losses.

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Forthcoming Economic Events Calendar

Date US 9-Jul-13 9-Jul-13 9-Jul-13 10-Jul-13 10-Jul-13 10-Jul-13 11-Jul-13 11-Jul-13 12-Jul-13 12-Jul-13 12-Jul-13 India 09-12 JUL 10-15 JUL 10-15 JUL 12-Jul-13 China 9-Jul-13 9-Jul-13 10-Jul-13 10-Jul-13 10-Jul-13 UK 9-Jul-13 9-Jul-13 9-Jul-13 9-Jul-13 9-Jul-13 9-Jul-13 9-Jul-13 12-Jul-13 RICS House Price Balance Industrial Production (YoY) Manufacturing Production (YoY) Visible Trade Balance GBP/Mn Trade Balance Non EU GBP/Mn Total Trade Balance (GBP/Mln) NIESR GDP Estimate Construction Output YoY CPI YoY Producer Price Index (YoY) Trade Balance (USD) Exports YoY% Imports YoY% India Local Car Sales Imports YoY% Exports YoY% Industrial Production YoY Consumer Credit NFIB Small Business Optimism JOLTs Job Openings MBA Mortgage Applications Wholesale Inventories Fed Releases Minutes from Jun 18-19 FOMC Meeting Import Price Index (MoM) Initial Jobless Claims Producer Price Index (MoM) PPI Ex Food & Energy (MoM) Producer Price Index (YoY) Event

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Candlesticks Glossary:
Candlestick patterns describe the market sentiment for the specified period. Some of the formations suggest reversal of sentiment (trend) and, therefore, are important for a chart reader. By themselves, the patterns do not carry any price target but only an indication of change in market behaviour. More importance needs to be given to the placement of the pattern within larger trend

Morning Star: Potential bottom reversal pattern made of three candle lines. The first sizeable black candle reflects a market in which the bears are in
complete charge. The next candle line--the small real body--shows a slight diminution of the bearish force. The white candle that makes up the last part of the morning star visually displays the bulls are gaining the upper hand. Lowest low amongst three candles becomes technical support

Bullish Engulfing Line: A potential bottom reversal pattern. This pattern typically appears at the culmination of a decline or downtrend. The market falls,
and a black candle forms (ideally a small black candle). Next, a white real body wraps around the prior sessions black body. Low of the pattern becomes short term support for prices

Piercing Line: Potential bottom reversal pattern. A black body forms in the downtrend. The market continues moving south on the next sessions open but that session culminates in a white real body that closes (e.g. pierces) than half way or more into the prior black body. Lowest low between two candles is referred to as technical support for prices Hammer: A candlestick line which, during a downtrend, has a very long lower shadow and small real body (black or white) at the top end of the sessions
range. There should be no, or a very small, upper shadow. Pattern suggests buying support during declines and needs confirmation in terms of sustainability of prices above head of the Hammer in following session

Evening Star: Potential Top reversal pattern made of three candle lines. Comparable with a traffic signal. First white candle reflects a market in bullish
trend. The next candle line--the small real bodywarns waning momentum. The black candle that completes the evening star visually exhibits that prior up trend has stopped or reversed real body (classically a small white candle) Highest high between two candles becomes resistance level for prices for future reference

Bearish Engulfing Line: Potential top reversal signal. This two candlestick pattern emerges during a rally. A black candle real body wraps around a white Dark Cloud cover: A dark cloud cover forms a top reversal pattern. The first session should be a strong, white real body. The second sessions price
opens over the prior sessions high (or above the prior sessions close). By the end of the second session, it closes near the low of the session and should fall well into the prior sessions white body. Pattern suggests that market has a poor chance of rising immediately

Shooting Star: A single candlestick line during a rally in which there is a small real body (white or black) at the bottom end of the session's range and a
very long upper shadow. The candle line should also have little or no lower shadow. Pattern suggest the trouble for prices overhead

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Pankaj Pandey

Head Research ICICIdirect.com Research Desk, ICICI Securities Limited, 1st Floor, Akruti Trade Centre, Road No 7, MIDC Andheri (East) Mumbai 400 093 [email protected]

[email protected]

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