Daily Report Friday, May

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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 HENGSENG 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 NIFTY REALTY MARKETS SUMMARY Benchmark indices closed lower following global weakness amid US-China trade talks. The broader markets corrected more than frontliners, with the Nifty Midcap index falling a percent. Technology, FMCG stocks, Reliance Industries and L&T pushed the market lower; but buying in ICICI Bank, HDFC and metal stocks capped losses. The 50-share NSE Nifty closed below psychological 10,700 levels, down points at 10, while the 30-share BSE Sensex trimmed losses to end points lower at 35, More than two shares declined for every share rising on the BSE. Most global markets were lower in trade as investors digested Federal Reserve's views on inflation and shifted focus to US-China trade talks. URL: Call Us On : Page: 2

3 DAILY NEWS PC Jeweller CEO denies searches conducted by CBI; shares volatile Google announces additional grant of $3 million to support education in India Infosys may deny severance pay to Rajiv Bansal over data deletion PFRDA raises NPS equity investment cap under active choice, relaxes withdrawal norms Maruti Suzuki not to increase prices despite rise in raw material costs HCL Technologies Q4: FY19 guidance weak; digital, IP biz key growth drivers Pidilite, Power Grid may be included in MSCI India index on May 15 Biocon tumbles 4% on 7 USFDA observations for Bengaluru facility Varun Beverages Q4 profit jumps nearly 3-fold on strong revenue, operational growth Adani Ports Q4 profit down 20% at Rs 929 crore despite higher revenue MRF Q4 profit grows 20% YoY to Rs 345 crore, misses estimates IRB Infrastructure Q4 profit up 16% to Rs 240 cr but revenue, operational income down HCC plunges 24% after auditor says Lavasa s networth eroded almost completely Results Today: Ambuja Cements, Bank of Maharashtra, NIIT Technologies, PVR, Subex Fortis Healthcare: Meeting of the board of directors to consider and decide on various bids/proposals UBS Principal sells 5.44% stake in Fortis Healthcare for Rs 443 cr Tata Motors approved sale of company's defense business to Tata Advanced System Info Edge India invested through its wholly-owned subsidiary about Rs 3.43 crore in Rare Media Company Vanu & HFCL win project worth Rs 576 crore from BSNL Force Motor's April 2018 total production at 1876 units, domestic sales of 1804 units and exports 20 units Hero Motocorp sells 6,94,022 units in April 2018 Indiabulls Real Estate authorized execution of non-binding documents with third party institutional investor for sale of its commercial assets at Ambattur, Chennai PNB Housing board approved to raise funds by external commercial borrowings of USD 1 billion Arvind to consider fund raising by way of issue of non-convertible Debentures upto Rs 500 crore on May 9 PNB Housing Finance: Q4 consolidated net profit up 0.8 percent at Rs cr; revenue up 9.1 percent at Rs 1,570 cr YoY NCLT approved the scheme amalgamation of Nipur Chemicals with Bhageria Industries URL: Call Us On : Page: 4

4 MOVERS & SHAKERS Gainers of the Day Symbol CMP % change SUNPHARMA INFRATEL TATASTEEL NTPC AXISBANK Losers of the Day Symbol CMP % change HCLTECH UPL EICHERMOT 29, KOTAKBANK 1, IBULHSGFIN 1, Weeks High Symbol LTP Change % change MANAPPURAM PIDILITIND 1, TEAMLEASE 2, UJJIVAN CYIENT Weeks Low Symbol LTP Change % change AGARIND BALRAMCHIN BEL IDEA MGL Volume Shockers OI Spurts Symbol Volume Symbol Change in OI % Change in OI HCC 7,40,85,396 INDIGO 1,30,23,341 FORTIS 3,70,53,894 GREAVESCOT 23,08,276 NELCAST 7,19,989 JUSTDIAL 1, HEROMOTOCO 3, MARICO HCLTECH 4, UJJIVAN 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 IRB JETAIRWAYS JUSTDIAL PCJEWELLER 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. MANAPPURAM FUTURE (BUY) R2 R PIVOT S1 S2 MANAPPURAM FUTURE was completely controlled by bulls in last trading session. It came up continuously the entire day with huge volumes and crossing the crucial resistance it closed up with a bullish candlestick. So we advise to buy it if it sustains above 129 for 131 and 133 with stop loss above SUNPHARMA FUTURE (BUY) SUNPHARMA FUTURE had a day of gains in last session. The stock got up with huge volume crossing the strong resistance it closed above it with bullish candlestick. So we advise to buy it if it sustains above 540 for 550 and 560 with strict stop loss of 525 URL: Call Us On : Page: 6

7 TECHNICAL RECOMMENDATIONS TECHNICAL VIEW : KWALITY LTD. CASH (BUY) KWALITY LTD. had strong day last day, it traded in enough big range with heavy volume. The stock has turned up from an extreme support and took a good run. The stock has closed with an Engulfing Bullish Candlestick. So we advise to buy it if it sustains above 52 for 55 and 57 with strict stop loss below 48 TECHNICAL VIEW: RAIN INDUSTRIES LTD. CASH (BUY) RAIN INDUSTRIES LTD. had bullish day in last trading session. It had a positive movement with huge amount of volume from support and showing the sign of reversal it closed in green with Bullish candle. So we advise to buy it above 322 for 335 and 341 with SL of 303 URL: Call Us On : Page: 7

8 TECHNICAL RECOMMENDATIONS 3. NIFTY FUTURE (BUY) NIFTY FUTURE in last trading session remained bearish with volatility, it tried to move down through out the day losing more than 70 points and closed in red. Tomorrow profit booking may drag the market down. So we advise to buy it on dip around for targets of and with stop loss below BANK NIFTY FUTURE (BUY) BANKNIFTY in last trading session remained bullish for the entire day in a narrow range of less then 250 points. The index crossed 50% retracement and closed with bullish candlestick. So we advise to buy it if it sustains above for targets of and with stop loss below URL: Call Us On : Page: 8

9 PREVIOUS DAY S PERFORMANCE CALL SEGMENT ADVISE ENTRY TGT SL STATUS NIFTY INDEX SELL PROFIT BOOKED BANKNIFTY INDEX SELL NOT EXECUTED CYIENT CASH BUY BOTH TGT AMARA RAJA BAT CASH BUY NOT EXECUETD EQUITAS FUTURE BUY FINAL TGT ALMOST UJJIVAN FUTURE BUY NO PROFIT NO LOSS 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