Premium Equity Daily Journal. Strictly for Client Circulation. Nifty (0.02%) Sensex (0.03%)

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1 Published On 18 Jan 2019 Research Analyst Report 18 JAN 2019 Premium Equity Daily Journal Strictly for Client Circulation Nifty (0.02%) Sensex (0.03%)

2 Market Wrap Realty stocks decline- Key indices cut losses in mid-afternoon trade as European stocks opened higher. At 14:28 IST, the barometer index, the S&P BSE Sensex, was down points or 0.09% at 36, The Nifty 50 index was down points or 0.09% at 10, Realty stocks fell. Global stocks rose Friday amid optimism for progress in US-China trade talks. Volatility struck bourses in early trade as the key indices reversed initial gains and sink in negative zone. Key indices extended losses in morning trade. Stocks cut losses in mid-morning trade. Indices continued hovering in negative zone in early afternoon trade. Key equity indices trimmed losses in afternoon trade. The S&P BSE Mid-Cap index was down 0.69%. The S&P BSE Small-Cap index was down 0.65%. Market trims intraday losses- Key equity indices trimmed losses in afternoon trade. At 13:19 IST, the barometer index, the S&P BSE Sensex, was down points or 0.22% at 36, The Nifty 50 index was down points or 0.25% at 10, Volatility struck bourses in early trade as the key indices reversed initial gains and sink in negative zone. Key indices extended losses in morning trade. Stocks cut losses in mid-morning trade. Indices continued hovering in negative zone in early afternoon trade. The S&P BSE Mid-Cap index was down 0.66%. The S&P BSE Small-Cap index was down 0.59%.

3 Buzzing Stocks Gainers: RIL (+4.5%), Wipro (+3%), Kotak Mahindra Bank (+2%). Losers: Sun Pharma (-8%), Airtel (-6%). Sun Pharma clarifies on media reports of whistleblower complaint alleging corporate governance lapses. Bharti Airtel, Vodafone Idea stock drop 6% on Jio's strong growth. Alembic Pharma stock up 2%. Trading volume was more than 40 times its 20-day average. Future Lifestyle stock spurts 4%. Trading volume was 30 times its 20-day average. Reliance Industries gains 1% after Q3 net beats estimate. IL&FS TRANSPORT drops 2% after saying Zojila contract terminated. Cyient slumps 4% after Q3 net income misses estimates. AU Small Finance Bank falls 4% despite 21% growth in Q3 profit.

4 Market Action Jan 18, 14:45 Larsen & Toubro Infotech 1, (1.14%) L&T Infotech net profit falls 6% QoQ at Rs crore; CC revenue growth at. 6.1% QoQ. Jan 18, 13:45 NEWS Reliance Industries 1, (4.34%) Mukesh Ambani invokes Gandhi, calls for revolution against data colonisation. Jan 18, 13:45 NEWS ICICI Securities Ltd (-7.68%) The Zerodha story: How the Kamath brothers built the world's largest retail broker. Jan 18, 12:15 NEWS Hindustan Unilever 1, (-0.29%) Quick Take What HUL results say about the consumer economy. Jan 18, 12:15 NEWS JK Paper (-1.76%) Weekly Tactical Pick: High earnings growth, potential upside make JK Paper a worthy buy. Jan 18, 12:15 NEWS Auro Laboratories (-4.02%) Aurobindo buys 7 oncology injectable drugs in $300 million deal. Jan 18, 08:15 NEWS Hindustan Unilever 1, (-0.29%) HUL expects merger with GSK Consumer Healthcare to complete in next 6-9 months. Jan 18, 08:00 NEWS State Bank of India (-0.72%) Section 29 (A) of IBC 'stretched too far', needs clarity: SBI chief Rajnish Kumar.

5 Nifty Spot View NIFTY (0.02%) Intraday 52 Weeks (Bullish) Open 10, High 10, , Previous Close 10, Low 10, , R2 10,971 R1 10,938 Pivot 10,895 S1 10,862 S2 10,819 Indian indices trades higher in the pre-opening session with Nifty trading above 10,900 level and he Indian rupee opened flat at per dollar on Friday versus previous close Benchmark indices started the day on the positive note with Nifty holding above 10,900 mark and As we move into the thick of the result season, the markets are expected to gain momentum. This week we saw wholesale and retail inflation data for the month of December 2018 which eased further supported by softening fuel prices and declining food inflation & Benchmark indices ended flat after they traded in the range throughout the day with Nifty closed above 10,900 level. At the close while Nifty was up 1.80 points at Nifty Index had formed a strong resistance level on daily and Nifty Index unable to broke the resistance and its consolidating below the resistance and On today s trading session Its once again failed to broke the resistance its remained in a range and closed below it cause rupee's fall, following an uptick in crude oil prices weighed on sentiment and investors reacted to a fresh complaint by a whistleblower against the company. Now Nifty Index look more volatile ahead because Oil prices rose on Friday after a report from Opec showed its production fell sharply last month, easing fears about prolonged oversupply and Q3 quarters earning session mixed global cue but If Nifty Index will be broke the resistance level the further upside movement will be come. As per the pivot table are The intraday support levels for the Nifty index. The intraday resistance in the nifty index is seen in the range of

6 Nifty Spot View NIFTY BANK (-0.26%) Intraday 52 Weeks (Bearish) Open 27, High 27, , Previous Close 27, Low 27, , R2 27,646 R1 27,551 Pivot 27,480 S1 27,385 S2 27,314 The Reserve of India (RBI) has relaxed foreign borrowing norms under the external commercial borrowings (ECB) framework, as the central bank aims to make it easier for Indian companies to raise money from foreign entities and The countdown has begun for lenders of Jet Airways, which has now been recognised as a stressed borrower, and will require banks to provide for part of their Rs 8,200 crore exposure to the airline in their Q4 results and State Bank of India (SBI) on Thursday said that lenders are considering a restructuring plan an acknowledgement that the loan is not viable in the present form.at the close while Bank Nifty was Down 72.0 points at 27, Bank Nifty Index had been moving in a tight range below the trend line zone and Bank Nifty Index failed to broke the trend line zone but on today s trading session Bank Nifty index still remained in a range and failed to broke its previous swing high and trend line zone and Nifty Bank index closed below its previous swing high. Now Bank Nifty index bearish because of its formed a bearish candle stick pattern on daily chart and weak global cue. If Bank Nifty index Broke the level of 27,420 then further downside movement will be come and The Minor Support for the index lies in the zone where short term bottom has been formed. & Resistance for the index lies in the zone of & the index manages to close above these levels then the index can move to the levels of to As per the pivot table are The intraday support levels for the Nifty Bank index. The intraday resistance in the Bank Nifty index is seen in the range of

7 Key Indices Index LTP High Low % Change Nifty 50 Bank Nifty Nifty Next 50 11, , , Nifty 100 Nifty 200 Nifty 500 Nifty Midcap 100 Nifty Smallcap 100 Advance/Decline Today 10, , , , , , , , , , , , , , , , , , , , , Index Advance Decline Nifty Nifty Next Nifty Nifty Nifty Sector Indices Today Index LTP High Low % Change Nifty Metal Nifty Auto Nifty Energy Nifty Media 2, , , Nifty Realty Nifty Pharma Nifty Financial Services Nifty FMCG Nifty PSU Bank Nifty IT 2, , , , , , , , , , , , , , , , , , , , , , , ,

8 INDEX PULLERS AND DRAGGERS Index Pullers Index LTP Change(%) Contribution Points Reliance Inds. 1, (4.40%) Kotak Mah. Bank 1, (1.66%) 6.65 Wipro (3.21%) 2.94 TCS 1, (0.34%) 1.66 HCL Technologies (1.22%) 1.60 Index Draggers Index LTP Change(%) Contribution Points Sun Pharma.Inds (-8.39%) Larsen & Toubro 1, (-2.09%) Bharti Airtel (-6.29%) Axis Bank (-1.78%) ITC (-0.85%) Stock Showing Activity Top Gainers- Nifty 500 Index LTP Change(%) KRBL (12.03%) Vakrangee (4.99%) Reliance Inds. 1, (4.40%) Future Lifestyle (4.36%) 8K Miles (4.33%) Top Losers- Nifty 500 Index LTP Change(%) Linde India (-20.00%) SPARC (-13.66%) Phillips Carbon (-11.56%) Sun Pharma.Inds (-8.39%) Indoco Remedies (-8.11%)

9 52-Weeks High-Low 52-Weeks High- Nifty Weeks Low- Nifty 500 Index LTP Change(%) Index LTP Change(%) Wipro (3.21%) Apollo Hospitals 1, (0.99%) SPARC (-13.66%) Sun Pharma.Inds (-8.39%) Sun TV Network (-7.04%) Deepak Fert (-5.47%) Ramkrishna Forg (-3.79%) Global Indices Index Date Value Change %Change Straits Times 3, % Hang Seng 27, % Nikkei , % SSE (Shanghai) 2, % Nasdaq 7, % 18/01/2019 S&P500 2, % Dow Jones Ind. Avg. 24, % DAX 11, % BEL-20 3, % CAC 40 4, % FTSE 100 6, %

10 24 Carat Call Bharti Infratel Ltd % (Bearish) Today's Price Status Volume traded Weighted Avg Price Face Value Prev. Close Open Price Bid Price(Qty.) 3,096, (527) Moving Averages 30 Day Day Day Day R2 285 R1 281 Pivot 279 S1 275 S INFRATEL Looks bearish on daily charts. - Stock has formed strong resistance level on daily chart & Its failed to broke the resistance level. - Stock has been touched resistance level & its unable to broke the Resistance level. its consolidate below resistance level and & a formed a bearish candelstick pattern on daily chart with good volume. - If Stock will be broke its previous low then further downside movement will be come. - Looking at the Chart Structure, Technical Pattern, Moving Averages, We are bearish on the Counter and suggest selling in the next trading session. SELL INFRATEL AROUND TG: SL: 282

11 24 Carat Call Performance Note: Profit is calculated on investment of Six Lacs. Date Call Target/SL P&L 17 Jan 2019 SELL DABUR AROUND TG: 412/406 SL: Jan 2019 BUY DABUR AROUND TG: 440/445 SL: 428 TG: 438 `7,000/- 11 Jan 2019 BUY DABUR AROUND TG: SL: 417 TG: 430 `13,000/- 10 Jan Jan Jan 2019 SELL INDIANB AROUND TG: 248/244 SL: 256 BUY NIITTECH AROUND TG: SL: 1140 BUY LUPIN AROUND TG: SL: Dec 2018 BUY NIITTECH AROUND TG: SL: 1139 TG: 1161 `5,000/- 24 Dec 2018 BUY UPL AROUND TG: SL: 740 TG: 759 `7,000/- 24 Dec 2018 SELL DLF AROUND TG: SL: 185 TG: 175 `13,000/- 12 Dec 2018 BUY M&M AROUND TG: SL: 742 TG: 764 `10,000/- 07 Dec 2018 BUY INFY BUY AROUND TG: SL: Dec 2018 SELL RELIANCE AROUND TG: SL: 1130 TG: `6,000/- 05 Dec 2018 SELL ITC AROUND TG: SL: 278 TG: `5,500/- 04 Dec 2018 SELL TITAN AROUND TG: SL: 935 TG: `16,000/- 03 Dec 2018 SELL UPL AROUND TG: SL: Nov 2018 BUY RBLBANK AROUND TG: SL: 538 TG: 560 `10,000/- 29 Nov 2018 BUY HINDALCO AROUND TG: SL: Nov 2018 BUY GLENMARK AROUND TG: SL: 635 TG: 655 `9,000/- 22 Nov 2018 SELL JUSTDIAL AROUND TG: SL: 410 TG: 487 `9,600/- 21 Nov 2018 SELL RELIANCE AROUND TG: SL: 1035 (QTY: 530) TG: 1100 `10,000/- 20 Nov Nov 2018 BUY TITAN AROUND TG: SL: 924 (QTY: 640 ) BUY JINDALSTEL AROUND TG: SL: 175 (QTY: 3200 ) 15 Nov 2018 SBIN BUY AROUND TG: SL: 277 (QTY: 2100) TG: 290 `16,500/- 14 Nov 2018 BUY TITAN AROUND TG: 910/920 SL: 875 (QTY: 670) TG: 920 `20,000/-

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