Daily Report Friday, April

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2 MARKETS AT A GLANCE INDIAN MARKETS INDICES VALUE CHANGE % CHANGE NIFTY SENSEX BANK NIFTY GLOBAL MARKETS INDIAN SECTORIAL INDICES INDICES VALUE % change INDICES % change DJIA NASDAQ S&P FTSE DAX CAC NIKKEI HANG SANG 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 INDIAN: Even as the market has largely been in consolidation mode, the Street gained some momentum on Thursday, with the Nifty snapping its five-day losing streak. The Sensex was up points at , while the Nifty was up points at The market breadth was positive but narrow as 1,823 shares advanced against a decline of 1,048 shares, while 170 shares are unchanged. Apart from the larger indices, midcaps indices gained almost a percent, but the Bank Nifty witnessed weak movements as it fell 0.30 percent at 21, URL: Call Us On : Page: 2

3 MOVERS & SHAKERS Gainers of the Day Symbol CMP % change GRASIM 1, BANKBARODA GAIL IBULHSGFIN ADANIPORTS Losers of the Day Symbol CMP % change YESBANK 1, ICICIBANK AXISBANK IOC TATAPOWER Weeks High Symbol LTP Change % change ABIRLANUVO 1, APOLLOTYRE CEATLTD 1, CENTURYTEX 1, DEEPAKFERT Weeks Low Symbol LTP Change % change INTENTECH MAHASTEEL PTL RELIGARE Volume Shockers OI Spurts Symbol Volume Symbol Change in OI % Change in OI BALPHARMA 9,59,48 4 RAJTV 7,47,16 1 SANGAMIND 5,30,169 KITEX 10,76,647 JAYBARMARU 19,41,042 INDIACEM 2, INDIGO SUNTV 1, YESBANK 4, DALMIABHA URL: Call Us On : Page: 3

4 DAILY NEWS Hindustan Zinc on Thursday posted stellar set of numbers for January-March quarter as its profit grew by 42 percent in Q4 to Rs 3,057 crore against Rs 2,147.2 crore during the same quarter last year. I-T seeks Rs 30,700 cr penalty from Cairn for non-payment of tax Reliance Defence and Engineering gets lenders' approval to exit CDR Mindtree Q4 profit falls 6%; revenue, operating income beat estimates Indian Hotels in focus: Supreme Court permits auctions of Taj Mansingh -Spice Mobility incorporates subsidiary in Dubai to undertake business of software and IT -PVR's chief business development officer terminated on disciplinary grounds -Dollar Industries listing today -ICICI Bank in focus: Warburg leads race to buy part of Fairfax's ICICI Lombard stake -SES tells shareholders to vote against Reliance Communications-Aircel merger -Hathway Cable to invest Rs 1,000 crore in 3 years -Madhuri Madhusudan Kela buys 7.04 lakh Radico Khaitan shares at Rs 117/share -Brigade Enterprises board to meet on April 25 to consider fund raising -Bombay Rayon board meet on April 25 to approve S4A scheme -HDIL launches a new project 'The Nest' in Mumbai Tata Steel -Board approves issue of debt securities of up to Rs 9,000 crore Vedanta -Fire at power plant in Punjab resulted in shut down of 3 units for 60 days Wipro trims workforce by employees Dhampur Sugar Shareholding-Dolly Khanna buys 1.18 percent stake in company in March 2017 against nil in December 2016 Max Financial share sale floor price of Rs 607, a 6.75 percent discount to Thursday's closing price of Rs 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 BHARATFIN HDIL IBREALEST INDIACEM INFIBEAM IRB JINDALSTEL JISLJALEQS JPASSOCIAT JSWENERGY RELCAPITAL TV18BRDCST UJJIVAN 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: 4

6 TECHNICAL RECCOMENDATIONS 1. DHAMPUR SUGAR CASH (BUY) DHAMPUR SUGAR has given an excellent breakout. It has spiked with a very good amount of volumes and with a bullish candlestick further. RSI is also signaling the buy side. So we advise you to buy it above 240 for the targets of 246 and 254 with strict stop loss of KITEX CASH (BUY) KITEX was consolidating continuously from many trading sessions and yesterday it has given breakout of very crucial resistance with very good volume and yesterday closed with long green candle. Now it seems to be bullish. So buy it above 512 for the targets of 522 and 538 with strict stop loss 502 URL: Call Us On : Page: 5

7 Daily Report Monday, Friday, April March TECHNICAL VIEW : CAIRN INDIA FUTURE (BUY) CAIRN INDIA is a good pick to sell for today. The scrip is looking weak on charts both daily and weekly and all other indicators like RSI and volume are showing that Bears are going to control it further. It has closed with long red candlestick. So we advise you to sell it on some rise around 302 for the targets of 300 and 298 with strict stop loss of 299. TECHNICAL VIEW : INDIAN BANK FUTURE (SELL) INDIAN BANK has prepared a TRIANGLE on high and it has given breakout of that.. Now it seems to continue to fall to complete the targets of triangle. So we advise you to sell it from around 257 for the targets of 254 and 250 with strict stop loss of 260 URL: Call Us On : Page: 6

8 TECHNICAL RECCOMENDATIONS 3. NIFTY FUTURE (SELL) S2 S1 PIVOT R1 R2 NIFTY traded around 50 points with a little volatility and healthy volumes in both directions and finally closed with a green candlestick. The index has already given a breakout of small Head & Shoulders and the shooting star like candlestick in previous sessions which suggests that it will see some lower levels now. So sell it from around for 9080 and 9000 with strict stop loss of BANK NIFTY FUTURE (SELL) Banknifty in last trading session traded with a lot of consolidation. Right from the starting hours it kept sustaining around a level and finally closed with a doji candlestick. After breaking previous highs the index moved down in previous sessions and prepared Shooting Star like candle. Banknifty is also preparing a small Head & Shoulders like pattern. So sell it from some high around for and with strict stop loss of URL: Call Us On : Page: 7

9 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: 8