Daily Report Monday, June

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2 MARKETS AT A GLANCE INDIAN MARKETS INDICES VALUE CHANGE % CHANGE NIFTY SENSEX BANKNIFTY 26, GLOBAL MARKETS INDIAN SECTORIAL INDICES INDICES VALUE % change INDICES % change DJIA S&P NASDAQ FTSE DAX CAC NIKKEI HENGSENG NIFTY AUTO NIFTY FIN SERVICE NIFTY FMCG NIFTY IT NIFTY MEDIA NIFTY METAL NIFTY PHARMA NIFTY PSU BANK NIFTY PVT BANK NIFTY REALTY MARKETS SUMMARY Benchmark indices ended lower, with the Sensex falling points to 35, due to sell-off in banking & financials, FMCG and technology stocks. The Nifty slipped 40 points to 10, About three shares declined for every share rising on the BSE. The Nifty Midcap index fell 267 points. Atlanta, Manpasand Beverages, GMR Infrastructure, Shankara Build, PC Jeweller, Reliance Nippon, Kwality, IRB Infrastructure, V- Guard, Graphite India, Tinplate, HEG, Venky's, Edelweiss Financial, Allahabad Bank, Andhra Bank, CG Power and Punj Lloyd fell up to 15 percent. Firstsource, KPIT Technologies, Torrent Pharma, Engineers India, Ashok Leyland and TVS Motor Company gained up to 4 percent. URL: Call Us On : Page: 2

3 DAILY NEWS ICICI Bank has raised MCLR by 10 bps effective June 1 Maldivian govt slaps USD 20.5 mn income tax notice on GMR Karnataka Bank raises deposit interest rates Mcleod Russel approves buyback of equity sjares at Rs 210 per share HDFC has raised retail prime lending rates by 10 bps effective June 2 Idea Cellular: The company is seeking shareholder nod for issue of non-convertible securities of about Rs 15,000 crore. It is also seeking shareholder nod for change in the name of company to Vodafone Idea Hero MotoCorp: May total sales rose 11 percent year-on-year at 7.06 lakh units Electrosteel Steels: NCLAT has directed Vedanta to deposit upfront amount in favour of the financial creditors of the company subject to outcome of the appeals filed before it (NCLAT Order). Petron Engineering & Construction Q4 (YoY): Loss at Rs crore versus loss Rs crore; revenue at Rs crore versus Rs crore. Marathon Nextgen Realty Q4 (YoY): Profit at Rs 4.3 crore versus Rs 21.5 crore; revenue at Rs crore versus Rs 53.8 crore. Ramky Infrastructure promoter Y R Nagaraja pledged 2.93% equity shareholding with Shriram City Union Finance Cadila Healthcare: Zydus receives final approval from the USFDA for Doxycycline Hyclate Capsules USP Dilip Buildcon has received letter of award by the National Highways Authority of India for a new Hybrid Annuity Project valued at Rs 1, crore in Karnataka. URL: Call Us On : Page: 4

4 MOVERS & SHAKERS Gainers of the Day Losers of the Day Symbol CMP % change BAJAJ-AUTO 2, MARUTI 8, BHARTIARTL HEROMOTOCO 3, HINDALCO Symbol CMP % change BAJAJFINSV 5, ONGC EICHERMOT 29, TATASTEEL GAIL Weeks High Symbol LTP Change % change ASTRAL DABUR FSL GODREJCP 1, HINDUNILVR 1, Weeks Low Symbol LTP Change % change ABAN BEML CENTURYTEX CGPOWER ENGINERSIN Volume Shockers OI Spurts Symbol Volume Symbol Change in OI % Change in OI VAKRANGEE 5,80,04,824 CGPOWER 5,49,01,475 PRSMJOHNSN 28,93,830 MANPASAND 77,10,252 FMGOETZE 2,42,456 CGPOWER 1, JUSTDIAL TORNTPHARM RCOM 1, PCJEWELLER 2, URL: Call Us On : Page: 3

5 SGX NIFTY (9:00am) POINTS MCX GOLD POINTS USD/INR POINTS RBI REFERENCE RATE INR / 1 USD INR / 1 EURO INR / 100 Jap. YEN INR / 1 POUND Sterling SCRIPS IN BAN TODAY NIL FII DERIVATIVES STATISTICS BUY SELL OPEN INTEREST AT THE END OF THE DAY No. of contracts Amt in Crores No. of contracts Amt in Crores No. of contracts Amt in Crores INDEX FUTURES INDEX OPTIONS STOCK FUTURES STOCK OPTIONS TOTAL URL: Call Us On : Page: 5

6 TECHNICAL RECOMMENDATIONS 1. CENTURYTEX FUTURE (SELL) R2 R PIVOT S1 S2 CENTURYTEX FUTURE was extremely bearish in last trading session. It kept coming down the entire day with huge volume from extreme high and closed with a bearish candlestick. So we advise to sell it if it sustains below 910 for 900 and 890 with stop loss below CHOLAFIN FUTURE (BUY) CHOLAFIN FUTURE had a day of gains in last session. The stock came up with huge volume from support and closed with a strongly bullish candlestick. So we advise to buy it if it sustains above 1593 for 1615 and 1625 with strict stop loss of 1570 URL: Call Us On : Page: 6

7 TECHNICAL RECOMMENDATIONS TECHNICAL VIEW : APAR INDUSTRIES LTD. CASH (BUY) APAR INDUSTRIES LTD. had strong day last day, it traded in enough big range with heavy volume. The stock has given strong breakout and closed with a Bullish Candlestick. So we advise to buy it if it sustains above 250 for 260 and 270 with strict stop loss below 235 TECHNICAL VIEW: BLUEDART LTD. CASH (BUY) BLUEDART EXPRESS LTD. had bullish day in last trading session. The stock has taken reversal from support with good amount of volume and it closed in green with Bullish candlestick pattern and also giving small breakout. So we advise to buy it above 3640 for 3700 and 3750 with SL of 3560 URL: Call Us On : Page: 7

8 TECHNICAL RECOMMENDATIONS 3. NIFTY FUTURE (BUY) NIFTY FUTURE in last trading session remained bearish with volatility, it opened almost flat and kept moving down in a narrow range of 70 points with low volume. The profit booking was seen because of week end along the day and, so we advise to buy it above for targets of and with stop loss of BANK NIFTY FUTURE (SELL) BANKNIFTY in last trading session remained volatile to bearish for the entire day. It moved down around 300pts with volumes and closed with a bearish candlestick. So We advise to sell it if it sustains below for targets of and with stop loss above URL: Call Us On : Page: 8

9 PREVIOUS DAY S PERFORMANCE CALL SEGMENT ADVISE ENTRY TGT SL STATUS NIFTY INDEX BUY SL TRIGGERED BANKNIFTY INDEX BUY PROFIT BOOKED GSPL CASH BUY PROFIT BOOKED TAKE SOLU- TIONS CASH BUY ST TGT HEXAWARE FUTURE SELL ST TGT DISCLAIMER This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment in the securities of the companies referred to in this document including the merits and risks involved, and should consult their own advisors to determine the merits and risks of such an investment. Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding positions and trading volume. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied on as such, as this document is for general guidance only. Trade Nivesh shall not be in any way responsible for any loss or damage that may arise. URL: Call Us On : Page: 9