NIFTY TO TRADE BETWEEN

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1 6 Sept ember 2018 NIFTY TO TRADE BETWEEN Nifty declined for the sixth straight session on Wednesday dragged by market heavyweight Reliance Industries and banking stocks. However, a rebound in metal stocks in the second half of the session limited losses. We expect index to hold the level of 11,350 and move towards the level of 11,620. Chart of t he Day KPIT Buy above Rs 310 Chart of t he Day The stock is trading above its prior swing high and above its 20 ema support. We recommend buy only above Rs310 with the stoploss of Rs304 for the target of Rs318. y Techni cal Cal l of t he Da CM P: Buy:KPIT Buy:UPL CM P: TRADERS COM M ENT The benchmark indices settled lower as investors stayed cautious due to sliding rupee, surging bond yields, and oil prices. Moreover, negative sentiment in global markets also added pressure. World stocks declined for the fourth day in a row as a looming deadline in the USChina trade conflict inflicted fresh losses on emerging markets and kept the dollar near two-week highs. Sensex was down points, or 0.37%, at 38, while the Nifty was down points or 0.38%, at 11, KPIT TECHNOLOGIES LTD MA20 14-Mar 27-Apr 11-Jun MA50 Bollinger Band 23-Jul Sep NIFTY M OVERS & SHAKERS Bharti Infratel Yes Bank Idea Aurobindo Pharma ACC Tata Power HUL Hindalco Zee Entertainment Wipro Ambuja Cements Tata Motors Bharti Airtel Adani Ports Kotak Mahindra Bank Bajaj Auto Lupin Sun Pharma Hero Motocorp Dr. Reddy'S Lab -50.5% -25.3% 0.0% 25.3% Stochastics-Fast % K Stochastics-Fast % D RSI Technical call of t he Day UPL Buy above Rs % We recommend a buy in the stock only above Rs698 with the stoploss of Rs684 for the target of Rs UPL LTD. TOP 5 SECTOR M OVERS BSE Cons. Durable Index BSE Metal Index BSE FMCG Index BSE Healthcare Index M A20 MA50 Bollinger Band 528 BSE Capital Goods Index BSE Auto Index 14-Mar 6-Apr 27-Apr 21-May 11-Jun 2-Jul 23-Jul 13-Aug BSE Realty Index BSE Power Index BSE Teck Index -1.9% -1.0% 0.0% 1.0% We are also available on: research@dealmoneyonline.com % Stochastics-Fast % K Stochastics-Fast % D STOCKS TRADING IN POSITIVE ZONE: YESBANK, VEDL. STOCKS TRADING IN NEGATIVE ZONE: IDEA, BHARTIINFRATEL. RSI 5-Sep

2 Bharti Infratel: Telecom infrastructure firm Bharti Infratel said its consolidated revenue, including that from Indus Towers, is expected to take around Rs 780 crore hit on annual basis, due to exit of Vodafone and Idea Cellular from co-located mobile towers. CMP: P/E(ttm): 19.8 Impact Negative Srei Infrastructure Finance: The company reported an over two-fold rise in its consolidated net profit at Rs CMP: crore for the quarter ended June. The company's net profit in the corresponding April-June period of P/E(ttm): stood at Rs crore. Maruti Suzuki: The Toyota-Suzuki alliance is readying a host of electric and hybrid vehicles for the Indian market as the government places a strong emphasis on cleaner and greener mobility solutions to address the rising pollution challenge and fuel import bill. CMP: P/E(ttm): 33.0 Muthoot Finance: Gold financing NBFC Muthoot Finance, along with Danish social impact fund Maj Invest Financial Inclusion Fund II, plans to infuse Rs 200 crore capital in its microfinance subsidiary Belstar Investment and Finance Limited (BIFPL) which has a loan portfolio of Rs.1,236 crore as on the first quarter of FY19. CMP: P/E(ttm): 9.4 Union Bank: State-owned Union Bank of India hopes to recover Rs 2,000 crore from the resolution of three CMP: 83.3 stressed thermal power units as there has been interest from other operators in these projects. Three projects, P/E(ttm): 0.2 including GMR Chhattisgarh Energy Limited and Prayagraj Power Generation Co Ltd (PPGCL), a subsidiary of Jaiprakash Power Ventures Ltd where the bank has exposure, are at different stages of resolution, a senior official of Union Bank of India said. ttm = trailing twelve months Economic Snapshot The Centre is investigating over 60 percent of the 37 million Jan Dhan accounts over " suspicious" deposits made in the weeks following the note ban, as reported by the Business Standard. On November 8, 2016, Prime Minister Narendra Modi announced the demonetisation of Rs 500 and Rs 1,000 notes, giving citizens time until December 30, 2016 to deposit these notes in their bank accounts. Following the announcement, the total deposits in these Jan Dhan accounts rose sharply by 41 percent to Rs 64,200 crore, up from Rs 45,600 crore that was deposited till November 9, A total amount of Rs 42,200 crore was deposited between November 8, 2016, and December 30, 2016, according to documents reviewed by the paper. On January 4, 2017, the deposits jumped over Rs 70,000 crore, indicating suspicious transactions in nearly 60 percent of the accounts. India is likely to see a 30 percent growth in cyber insurance policy sales, after the implementation of the Personal Data Protection Bill. A report by Global Insurance Brokers said the number of policies has seen a cumulative growth of 25 percent over the past four years. The long-awaited data protection recommendations of the Justice Srikrishna Committee were out as a draft bill in July The draft looked at the right to privacy and sensitive personal data of Indian citizens, as also how personal and sensitive data is being processed by different entities.the strict obligations of the proposed bill will lead to the data liability cover being put to test, according to the report. 2

3 Ex pl or e Ou r Pr odu ct s 3

4 DERIVATIVES Open Interest Gainers Open Interest Losers Buy : Cairn Ltd Open Interest CMP: 318 OI Change (contracts) (%) Price (Rs.) Price change (%) Buy : Cairn Ltd Open Interest CMP: 318 OI Change (contracts) (%) Price (Rs.) Price change (%) BEL 46,173, % % MUTHOOTFIN 3,135, % % BALKRISIND 2,860, % % TORNTPHARM 738, % % KPIT 8,964, % % ADANIENT 9,600, % % HEXAWARE 5,568, % % RELINFRA 8,214, % % AMARAJABAT 1,027, % % IGL 4,801, % % Nifty Option OI Distribution Nifty OI Vs Futures Price 174, ,502 87,001 43,501 Thousands Aug 27-Aug 28-Aug 29-Aug 30-Aug 31-Aug 3-Sep 4-Sep 5-Sep Call OI Put OI Nifty Fut OI (LHS) Nifty Fut Price (RHS) Top 5 Traded Futures Top 5 Traded Options St ock Expiry Dat e No of cont racts traded Cont ract value (Rs. Lacs) LTP St ock Expiry Dat e Opt ion Type St rike price No of cont ract s t raded Cont ract value (Rs. Lacs) LTP RELIANCE 27-Sep-18 27, , BAJFINANCE 27-Sep-18 14, , SBIN 27-Sep-18 21, , ICICIBANK 27-Sep-18 16, , YESBANK 27-Sep-18 24, , ADANIENT 27-Sep-18 CE , , RELIANCE 27-Sep-18 CE 1,300 6,877 90, ADANIENT 27-Sep-18 CE 225 9,926 89, ADANIENT 27-Sep-18 CE 230 9,603 88, RELIANCE 27-Sep-18 PE 1,200 6,132 74, Top 5 Contract Future Volumes Bottom 5 Contract Future Volumes Expiry Date No of Contracts traded Current Cash Volume Cash Delivery % Expiry Date No of Contracts traded Current Cash Volume Cash Delivery % BEL 27-Sep-18 29, ,279, % RELIANCE 27-Sep-18 27,317 10,324, % YESBANK 27-Sep-18 24,015 24,809, % TATAMOTORS 27-Sep-18 23,357 10,084, % SBIN 27-Sep-18 21,005 22,922, % NHPC 27-Sep ,137, % GODFRYPHLP 27-Sep , % REPCOHOME 27-Sep , % SHREECEM 27-Sep , % IFCI 27-Sep ,716, % 4

5 SUPPORT / RESISTANCE LEVEL Company Name Closing Price S3 S2 S1 Pivot R1 R2 R3 ACC Adani Ports Ambuja Cements Asian Paints Aurobindo Pharma Axis Bank Bajaj Auto Bank Of Baroda Bharti Airtel Bharti Infratel BHEL Bosch BPCL Cipla Coal India Dr. Reddy'S Lab Eicher Motors Gail Grasim HCL Technologies HDFC HDFC Bank Hero Motocorp Hindalco HUL ICICI Bank Idea Indusind Bank Infosys ITC Kotak Mahindra Bank L&T Lupin M&M Maruti Suzuki India NTPC ONGC Power Grid RIL SBI Sun Pharma Tata Motors Tata Motors DVR Tata Power Tata Steel TCS Tech Mahindra Ultratech Wipro Yes Bank Zee Entertainment

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