Daily Report Monday, June

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2 MARKETS AT A GLANCE INDIAN MARKETS INDICES VALUE CHANGE % CHANGE NIFTY SENSEX BANKNIFTY GLOBAL MARKETS INDICES VALUE % change DJIA S&P NASDAQ FTSE DAX CAC NIKKEI INDIAN SECTORIAL INDICES INDICES % change NIFTY AUTO NIFTY FIN SERVICE NIFTY FMCG NIFTY IT NIFTY MEDIA NIFTY METAL NIFTY PHARMA NIFTY PSU BANK NIFTY PVT BANK HENGSENG MARKETS SUMMARY NIFTY REALTY The recovery in late trade due to further buying in technology stocks helped the benchmark indices close mildly higher on Friday despite mixed trade in global peers. Not only technology but also pharma stocks and index heavyweight Reliance Industries helped the Nifty settle over 10,800 levels, but the selling pressure in banks, PSU oil and infra stocks capped gains. Overall it was a range bound session for the market. The 30- share BSE Sensex gained points at 35, and the 50-share NSE Nifty rose 9.70 points to 10, For the week, the Sensex and Nifty gained half a percent each while Midcap index ended flat. The broader markets underperformed front liners with the Nifty Midcap index falling 0.6 percent on weak market breadth. About three shares declined for every two shares rising on the NSE. Meanwhile, the rupee breached 68 against the US dollar for the first time since May 25, rising 38 paisa to a dollar. URL: Call Us On : Page: 2

3 DAILY NEWS Wholesale inflation hits 14-month high at 4.43% in May TCS announces share buyback of up to Rs 16,000 cr at 14% premium MCA gets first breakthrough in large cash deposits by 4 shell cos after demonetisation Kotak Institutional Equities bets on Sadbhav Eng, Dilip Buildcon Alembic Pharma gains 7% on EIR from USFDA for formulation facility at Panelav Dr Reddy's gets USFDA nod to launch generic Suboxone, opts for 'at risk' launch Ceat to invest Rs 3,500-4,000 cr in capex to increase production capacity by 50% Trade deficit widens to 4-month high of $14.62 billion Deutsche Bank attributes slowdown in realty stocks to new accounting standards Nifty pharma continues to rally as Dr Reddy's jumps 3%; RIL hits record high Fitch Ratings affirms long-term ratings of ICICI and Axis Bank; revises outlook on Axis to negative Elon Musk buys 72,500 shares worth $25 million of Tesla stock China, Pakistan to jointly produce film on CPEC ICICI Venture sells 30% in KIMS to General Atlantic for Rs 850 crore Expect steel prices to remain firm in as demand rises: CARE Ratings NCLT Chandigarh allows Fortis to withdraw SRL demerger scheme Petrol, diesel prices remain unchanged today Iran oil payment route to be blocked from November GNFC forays into FMCG segment with neem-based products HDFC Bank gets nod to raise up to Rs 15.5k cr via QIP Trump sets tariffs on $50 billion in Chinese goods; Beijing strikes back Oil falls $2 a barrel ahead of OPEC meeting NBCC to invest Rs 500 cr to acquire 2 loss-making PSUs Maruti discontinues diesel variants of Ignis \Modi govt wants IITs to tone down their entrance exam for engineers Anil Ambani's Reliance Communications return spectrum in 1800 Mhz band to telecom department Bajaj Electricals to acquire Nirlep Appliances Former AirAsia CEO resigns from Adani Group URL: Call Us On : Page: 4

4 MOVERS & SHAKERS Gainers of the Day Losers of the Day Symbol CMP % change INFY 1, DRREDDY 2, CIPLA TCS 1, SUNPHARMA Symbol CMP % change HINDALCO IOC ULTRACEMCO 3, YESBANK COALINDIA Weeks High Symbol LTP Change % change BAJFINANCE 2, JUBLFOOD 2, PAGEIND 26, RELIANCE 1, INFY 1, Weeks Low Symbol LTP Change % change AMBER 1, MRPL NCLIND PETRONENGG SUNDARMHLD Volume Shockers OI Spurts Symbol Volume Symbol Change in OI % Change in OI RENUKA 1,71,44,351 AARTIDRUGS 4,82,724 TATAINVEST 5,72,065 JAYSREETEA 5,75,164 HARRMALAYA 8,91,171 MCDOWELL-N 9, AJANTPHARM 1, MRPL TORNTPHARM ICICIPRULI 1, 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 DHFL JETAIRWAYS JUSTDIAL 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. PEL FUTURE (BUY) R2 R PIVOT S1 S2 PEL FUTURE was extremely bullish for the entire day, the stock broke up and eating all looses of previous few sessions with considerable volume it closed above it with a bullish candlestick. So we advise to buy it if it sustains above 2520 for 2540 and 2560 with stop loss below APOLLOHOSP FUTURE (BUY) APOLLOHOSP FUTURE had a day of gains again in last session. The stock spurt up from extreme support and made a new high with good volume and closed with a strongly bullish candlestick above the neckline resistance of double bottom. So we advise to buy it if it sustains above 1040 for 1055 and 1070 with strict stop loss of 1020 URL: Call Us On : Page: 6

7 TECHNICAL RECOMMENDATIONS TECHNICAL VIEW : TAKE SOLUTIONS LTD. CASH (BUY) TAKE SOLUTIONS LTD. had strong day last day, it traded in enough range with considerable volume. The stock crossed an important resistance and giving strong buy signal it has closed with a long Bullish Candlestick pattern. So we advise to buy it if it sustains above 309 for 320 and 335 with strict stop loss below 290 TECHNICAL VIEW: UNICHEM LTD. CASH (BUY) UNICHEMLAB LTD. had bullish day in last trading session. The stock is in reversal phase and it taking good upside momentum with good amount of volume and it closed in green with Bullish candlestick pattern. So we advise to buy it above 242 for 250 and 260 with SL of 231 URL: Call Us On : Page: 7

8 TECHNICAL RECOMMENDATIONS 3. NIFTY FUTURE (BUY) NIFTY FUTURE in last trading session was in consolidation phase it traded in small range of around 70 points, it opened with a little gap down corrected some more with slow pace and finally recovered in last hours and closed in red. So we advise to sell it from around for targets of and with stop loss of BANK NIFTY FUTURE (SELL) As expected BANKNIFTY in last trading session remained subdued to bearish for the entire day. It moved both the sides in a range of around 150pts. Tomorrow being last day of the week the index may see some profit booking 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 SELL ST TGT BANKNIFTY INDEX SELL ST TGT SMS PHARMA CASH BUY NOT EXECUTED BGR ENERGY CASH BUY NOT EXECUTED DIVISLAB FUTURE BUY ST TGT ADANIENT FUTURE BUY PROFIT BOOKED 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