COMMODITY WEEKLY REPORT 9 TO 13 JAN. 2017

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1 COMMODITY WEEKLY REPORT 9 TO 13 JAN EQUITY WEEKLY REPORT 17 APR.TO 21 APR Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore (M.P.) India Mobile : info@tradenivesh.in Telephone :

2 INDIAN MARKET WEEKLY OUTLOOK INDIAN INDICES WEEKLY INDICES CLOSE CHANGE (%) NIFTY SENSEX NIFTY NIFTY BANK NIFTY BANK NIFTY IT NIFTY MIDCAP NIFTY NEXT INDIAN SECTORIAL INDICES WEEKLY INDICES CLOSE CHANGE (%) NIFTY PHARMA NIFTY AUTO NIFTY METAL NIFTY FMCG NIFTY INFRA NIFTY WEEKLY TOP GAINERS SCRIPT CLOSE CHANGE (%) IDEA BHEL BPCL CELLULAR BANK TCS INDIAN OF OIL BARODA CORP GRASIM BHARTI AIRTEL IN- INDUST FRATEL. ITC BHARTI YES BANK INFRATEL DR. ZEE EICHER REDDYS ENTERTAIN. MOTORS LAB GLOBAL INDICES WEEKLY INDICES CLOSE CHANGE (%) NASDAQ CAC DAX FTSE NIKKEI HANG SENG SHANGHAI COM INDIAN CURRENCY WEEKLY CURRENCY CLOSE CHANGE (%) USD-INR EUR-INR GBP-INR JPY-INR USD INDEX NIFTY WEEKLY TOP LOSERS SCRIPT CLOSE CHANGE (%) DR.REDDYS ADANI PORTS LAB HINDALCO TATA STEEL CIPLA INFOSYS TATA ZEE INTERTAIN- MOTORS MENT NTPC HINDALCO

3 NIFTY WEEKLY OUTLOOK NIFTY WEEKLY CLOSE OPEN HIGH LOW CHANGE % CHANGE FUNDAMENTAL VIEW:- Post the five weeks of consolidation at the top and lack of momentum to carry the index past 9,300 suggests that market is missing the much-required ammunition. The broader NSE Nifty hit a record high last week and is up about 12 percent this year, with a lot of those gains reflecting bets that corporate earnings would recover this year. However, concerns persist as geopolitical worries have grown after the United States launched cruise missiles against an air base in Syria last week and on fears of a new weapons test by North Korea. "Markets have run up and people are looking at booking profits." TECHNICAL VIEW:- Nifty closed the week on negative note losing around 0.51 %and close at The index made a weekly high of and a low of Broad range for the week is seen from 8900 on downside & 9300 on upside. Nifty Future has a selling pressure. The index is closing with an exhausted red candlesticks on the top since last two weeks. Even after breaking the life time high the index is unable to go upside, which is indicating that bulls are loosing the strength and now the market may correct a little. So we advise to sell if it breaks 9150 for the small targets of 9050 and 8900 with strict stop loss of WEEKLY SUPPORT & RESISTANCE:- S1 S2 S3 PIVOT POINT R1 R2 R3 NIFTY

4 NIFTYBANK WEEKLY OUTLOOK NIFTYBANKWEEKLY CLOSE OPEN HIGH LOW CHANGE % CHANGE 1.19 FUNDAMENTAL VIEW:- Outperformance of Bank Nifty has restricted the decline in the markets. It certainly holds the key in deciding the next leg of the journey of the index The Reserve Bank of India (RBI) on Thursday tweaked rules that trigger regulatory action against lenders who overshoot the limit on bad loans or fail to comply with capital ratios. the framework provides the RBI with powers to force mergers or even wind up the noncompliant lender. Meanwhile, on bad loan ratios, the central bank said the first threshold will be triggered if a bank's net non-performing assets ratio crosses 6 percent. A net bad loan ratio of more than 12 percent will invite the extreme action of winding up or merger. Regulatory action will be taken if a bank's capitalto-risk-assets ratio falls below 7.75 percent. Financial stocks continued to rise with the Nifty PSU Bank index. TECHNICAL VIEW:- Nifty Bank closed the week on positive note gaining around 1.19 %. The index made a high of and low of in the week. Range for the week is seen from to on downside & to on upside. Bank Nifty Future looks bullish for the coming week. Breaking the all time high the index is making new high consistently and has closed with a strong green candlestick. RSI is also indicating a BUY. So buy it above for the targets of for and with strict stop loss of WEEKLY SUPPORT & RESISTANCE:- S1 S2 S3 PIVOT POINT R1 R2 R3 NIFTYBANK

5 OUR WEEKLY RECOMMENDATIONS (FUTURES) TATA STEEL FUTURE SELL 465 TG1 459 TG2 455 SL 470 TATA STEEL FUTURE (27 -April-2017):- TATA STEEL FUTURE (27-April-2017) All metal stocks are weak fundamentally. In them TATA STEEL on weekly charts is a perfect sell. The stock has a Bearish Engulfing candlestick formed on the high on weekly charts. In last trading day bears had the control and dragged it near support. Now the important support is around 459, till than it is sell. So sell it below 465 for the targets of 459 and 455 with strict stop loss of 470. UPL FUTURE SELL 726 TG1 716 TG2 705 SL 740 UPL FUTURE (27-April-2017):- UPL FUTURE (27-April-2017) is a selling counter for this week. The stock seems to be exhausted the kind of movement it is making since two weeks, it shows no strength on the upside now and moreover it has closed with consecutive a couple of SHOOTING STAR candlestick pattern. So we feel it is a sell now. So sell it below 726 for the targets of 716 and 705 with strict stop loss of 740.

6 OUR WEEKLY RECOMMENDATIONS () ROYAL OR- CHID BUY TG TG2 115 SL 97.5 ROYAL ORCHID AHOTEL:- ROYAL ORCHID AHOTEL is a good counter to buy. It is looking bullish on both daily and weekly charts. It closing with bullish candlestick consecutively since two weeks. The stock overall has a double bottom formation and this week it has given breakout of that, so now it seems to go up till the 38.2% resistance of Fibonacci. So buy it above for the targets of and 115 with strict stop loss of PRIME FO- CUS BUY 119 TG1 125 TG2 135 SL 113 PRIME FOCUS :- PRIME FOCUS has already started a rally and in last week it ran around 20%. In historical charts the stock has broken a very important level with good volumes. So we assume that it will continue the rally this week also. So buy it if keeps trading above high around 119 for the targets of 125 and 135 with strict stop loss of 113..

7 STATUS OF OUR LAST WEEKLY RECOMMENDATIONS ACC JSW STEEL Future FUTURE SELL ENTRY TG TG SL 1360 SL 200 ACHIVED ESCORTS INDIA BULLS REAL ESTATE Future FUTURE ENTRY SELL TG TG SL ACHIVED ENTRY 5980 TG TG and High is 1473 SL and High is BUY 1170 TG ND TARGET HIGH IS 191 SL HIT VOLTAMP MARUTI SUZUKI SL ACHIVED 6200and High is 6217 TIMKEN INDIA TIMKEN INDIA BUY ENTRY TG TG SL 645 SL 670 ACHIVED ACHIVED 1 ST TARG. HIGH IS and Low is ND TARG. HIGH IS

8 RELIANCE INDUSTRIES- STOCKS IN NEWS Jio has announced a new scheme called "Dhan Dhana Dhan", offering "unlimited" data under recharge packs starting from Rs "Dhan Dhana Dhan" from Reliance Jio Infocomm - the telecom arm of billionaire Mukesh Ambani-led conglomerate Reliance Industries - comes days after of the new entrant deciding to withdraw its "Summer Surprise" offer on telecom regulator TRAI's advice. LUPIN :- Lupin's Goa plant have had two inspections earlier which have resulted in nine observations each for both of those inspections. They have managed to successfully resolve that. Now, learns that this particular facility got re-inspected by the US-FDA the inspection ended last week - and they have received an approval for an anti-depressant Wellbutrin XL generic and is a difficult drug to manufacture right after the inspection got over. CIPLA :- Drug firm Cipla said on Wednesday it's subsidiary in South Africa has completed the acquisition of Anmarate (Pty) Ltd, South Africa, a deal estimated at around ZAR 26 million. "The company's wholly-owned subsidiary Cipla Medpro South Africa Pte has completed acquisition of Anmarate (Pty)," Cipla said in a BSE filing. The company, on March 31, announced the acquisition saying it would strengthen its market position. It said that the cost of acquisition is ZAR 26,253,659 is subject to post closing of net working capital, not exceeding ZAR 30 million. The company acquired 4,000 shares of ZAR 1 each, representing 100 per cent of the Anmarate's share capital. Shares of the company closed at Rs , down 0.16 per cent on BSE. BHARATI AIRTEL :- Airtel Digital TV, the direct-to-home or DTH arm of Bharti Airtel, on Wednesday launched 'Internet TV' powered by Android TV, which will allow consumers to watch content on the internet on their regular television sets besides regular satellite channels. "Consumers have to shell out Rs. 10,000-15,000 above normal TV which is big deterrent. Then there are media streaming devices but experience is not seamless. Airtel Internet TV will address this growing seamless experience of offline and online content," Bharti Airtel DTH CEO and director Sunil Taldar said while unveiling the product. New customers also have the option of buying the device for Rs. 7,999 which will come with 1 year subscription of about 500 channels on Airtel DTH. The existing customers can get it for Rs. 3,999 which will include 1 month of Airtel DTH subscription. The STB is exclusively available on Amazon and initially will be provided to consumers in top 20 cities of the country. SPICE JET :- Spice Jet today said it has partnered with HSBC India to provide a platform for passengers to make payments through mobile phones. The no-frills airline has launched a Unified Payment Interface (UPI) as a payment option on its website. "The integration will allow Spice Jet passengers to use their unique UPI identities i.e. virtual payment address to pay for all bookings made on the Spice Jet website,".this payment solution, implemented by HSBC Bank on the Spice Jet network, will allow passengers to pay online using mobile handsets. "With UPI adoption witnessing significant growth in the quarter ending March 2017, we believe that Spice Jet can use our offering to drive sales,". Spice Jet has a fleet of 49 planes and operates an average of 340 daily flights. VEDANTA LTD :- Mining mogul Anil Agarwal's Vedanta Ltd will get access to $4 billion of cash and another about $700 million a year following the merger with Cairn India, supporting repayment of $9 billion in debt, S&P Global Ratings said on Thursday. Its rating on the UKlisted Vedanta Resources is not immediately affected by the merger of the company's subsidiary Vedanta Ltd with Cairn India Ltd." Vedanta Ltd will benefit from improved cash flow fungibility, given its high debt and significant short-term borrowings. JAYPEE GROUP :- The Yamuna Expressway Industrial Development Authority (YEIDA) has directed Jaypee group to pay Rs. 90 crore by April 15, or else it will cancel the 1,000 hectare land parcel allotted to it. The Jaypee group has developed sports city on some part of the total land parcel. The group owes about Rs. 600 crore to YEIDA and the company has been told to pay 15 per cent of the total amount, which is Rs. 90 crore, according to sources. The company has paid Rs. 10 crore to YEIDA and has sought four months to repay the total dues,.besides Jaypee, the authority has sent letters to other builders as well to deposit 15 per cent of their outstanding dues, they added. Jaypee group has been selling its assets to reduce debt. INFOSYS :- A former CFO of Infosys on Thursday said the company's decision to return Rs. 13,000 crore to shareholders is 'too little' and appointing a co-chairman would make the structure much more complex at board level.

9 NIFTY STOCKS WEEKLY PIVOT TABLE WEEK SUPPORT ZONE PIVOT RESISTANCE ZONE CLOSE SUP.3 SUP.2 SUP.1 POINT RES.1 RES.2 RES.3 NIFTY IOC IBULHSGFIN BANKBARODA BPCL SUNPHARMA POWERGRID RELIANCE SBIN ICICIBANK HDFC COALINDIA AXISBANK ASIANPAINT GAIL AUROPHARMA M&M BAJAJ-AUTO INDUSINDBK HINDUNILVR DRREDDY CIPLA KOTAKBANK NTPC HDFCBANK HEROMOTOCO ACC ULTRACEMCO TATAPOWER LUPIN BOSCHLTD YESBANK WIPRO ONGC EICHERMOT ITC MARUTI LT ZEEL AMBUJACEM GRASIM TECHM TATAMOTORS HCLTECH TCS ADANIPORTS BHARTIARTL TATAMTRDVR TATASTEEL INFRATEL INFY

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