Daily Report Wednesday, May

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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 S&P NASDAQ 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 MARKET SUMMARY INDIAN: Equity benchmarks closed the session on a flat note amid consolidation Tuesday as investors awaited more corporate earnings and the outcome of Federal Reserve policy meeting due Wednesday. The 30-share BSE Sensex opened with a gap up of more than 100 points after two-day profit booking and a long weekend but erased early gains to trade in a tight range for the rest of the session. URL: Call Us On : Page: 2

3 MOVERS & SHAKERS Gainers of the Day Symbol CMP % change IBULHSGFIN 1, HDFC 1, BPCL ONGC MARUTI 6, Losers of the Day Symbol CMP % change LUPIN 1, TATAMTRDVR ACC 1, BHARTIARTL TATAMOTORS Weeks High Symbol LTP Change % change CANBK CEATLTD 1, DHFL GAIL HDFC 1, Weeks Low Symbol LTP Change % change ABBOTINDIA 4, ALCHEM AUROPHARMA CIGNITITEC ECLERX 1, Volume Shockers OI Spurts Symbol Volume Symbol Change in OI % Change in OI DEEPIND 11,49,114 OMKARCHEM 8,15,759 ORIENTABRA 5,21,332 DCMSHRIRAM 9,72,89 5 HIKAL 3,69,906 GODFRYPHLP VGUARD DCBBANK UJJIVAN 2, MRPL URL: Call Us On : Page: 3

4 DAILY NEWS Results today: ICICI Bank, DHFL, Alembic Pharma, Ajanta Pharma, L&T Technology, TBZ, Accelya Kale Solutions, Kaya, Intellect Design Agro Tech Foods, Everest Industries, Shanthi Gears, KPR Mill, Merck, R Systems International, Sundaram Clayton, Gujarat Borosil, V-Mart Retail, Zandu Realty Marico Q4-Net profit up 25.5 percent at Rs crore versus Rs crore (YoY) RBL Bank Q4-Net profit up 54 percent at Rs crore versus Rs 84.2 crore (YoY) Inox Leisure Q4-Net profit at Rs 0.2 crore versus Rs 17.4 crore (YoY) JM Financial Q4-Consolidated net profit up 32.6 percent at Rs crore versus Rs crore (YoY) April auto sales: Tata Motors-Total JLR US sales up 34.5 percent at 8,441 units versus 6,275 units (YoY). TVS Motor- Total sales up 8.4 percent at 2.46 lakh units versus 2.27 lakh units (YoY) Godrej Properties sells over 1,000 apartments across three new projects in Mumbai, Pune, NCR Aurobindo Pharma gets US FDA nod for Lo Simpesse tablets (used in contraceptive preparations -Oil India says hydrocarbon discoveries in the Moran Petroleum Mining Lease (PML) in the Upper Assam Basi -Tata Communications says Delhi HC approves consent terms between Tata Sons and NTT Docomo -Speciality Restaurants suspends operations of cafe Mezzuna in Bangalore -KP Energy files petition before Gujarat Electricity Regulator Commission regarding 2.1MW WTG PPA -Vattenfall selects Tata Consultancy Services as strategic partner Nestle India launches new range of Noodles - MAGGI Masalas of India Wipro launches new brand identity, new logo Parmeshwari Silk Mills says disruption of operations due to fire Jubilant Life says Crisil allots rating of A1+ Vedanta says Crisil revises rating to AA/stable from A1+ Heineken eyes Mallya's pleadged shares to increase stake in United Breweries SoftBank to invest $1.4 billion in India's Paytm in bet on demand for mobile money CBI team in London to expedite Vijay Mallya's extradition 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 ADANIENT BHARATFIN JSWENERGY 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. SUPREME INDUSTRIES CASH (BUY) S1 S2 PIVOT R1 R2 1, , , , , SUPREME INDUSTRIES is looking good on charts, This scrip in last trading session spurt more than 6% and breaking the previous life time high it closed with a bullish candlestick. It was already consolidating since long and in a day yesterday it almost traded with the volume of last 4 sessions. So we advise to buy it above 1165 for the targets of 1190 and 1230 with strict stop loss of STERLITE TECHNOLOGIES CASH (BUY) S1 S2 PIVOT R1 R STERLITE TECHNOLOGIES looks a good deal for today, it turned from support where it was consolidating since long and remained up with great volumes. The stock is standing near imp level and closed with a full green candlestick. So if it keeps moving above 156 one can buy it above the level for the targets of 158 and 164 with strict stop loss of 152. URL: Call Us On : Page: 5

7 Daily Report Wednesday, Monday, March May TECHNICAL VIEW : PETRONET FUTURE (SELL) S2 S1 PIVOT R1 R PETRONET FUTURE is looking weak. It is trading around top of the charts and signaling a reversal from there, as it has closed with an Engulfing Bear kind of candlestick pattern. And a Descending Triangle on daily charts. So sell it if it keeps trading below from 422 for 419 and 415 with strict stop loss of TECHNICAL VIEW : MCDOWEL-N FUTURE (BUY) S2 S1 PIVOT R1 R2 1, , , , , MCDOWEL-N FUTURE on daily charts is trading near strong support and in yesterday trading session it traded upside and closed with a completely bullish candlestick, though in a small range and volume but it has a small resistance here, if it crosses that the stock will surely see a reversal. So we advise you to buy it above 1950 for the targets of 1980 and 2010 with strict stop loss of 1930 URL: Call Us On : Page: 6

8 TECHNICAL RECCOMENDATIONS 3. NIFTY FUTURE (BUY) S1 S2 PIVOT R1 R2 9, , , , , NIFTY FUTURE in yesterday trading session made a new high breaking previous high but could not sustain above it. The index on daily charts since last two sessions, is facing some consolidation and closing with Doji candlestick, which is indicating some correction So we advise to sell it from around 9370 to 9380 for targets of 9320 and 9250 with stop loss below BANK NIFTY FUTURE (BUY) S1 S2 PIVOT R1 R2 22, , , , , BANKNIFTY was very volatile in yesterday s trading session, after opening up it came down and again recovered the losses and finally closed with a green candlestick above the previous days close and with good volumes. Now if it keeps sustaining above it will see some higher levels. so buy it from around for the targets of and with strict stop loss of URL: Call Us On : Page: 7

9 PREVIOUS DAY S PERFORMANCE CALL SEG- MENT ADVISE ENTRY TGT SL STATUS NIFTY INDEX BUY NOT EXECUTED BANKNIFTY INDEX BUY ST TGT ZUARI CASH BUY SL TRIGGERED IDFC CASH BUY NOT EXCUTED KTKBANK FUTURE BUY BOTH TGT PETRONET FUTURE SELL NOT EXECUTED 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