Daily Dossier. Outlook. 8th October Open positional calls- Top Stock Drivers For The Day. Nifty Intraday Chart

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1 2 Daily Dossier Outlook 8th October 2018 Nifty Intraday Chart The Nifty ended 0.31% up at 10, It opened on a flat note followed by daylong consolidation in the price band of 10,200 to 10,400 levels. Midsession buying from day s low 10,200 led the benchmark index closing in green with a bullish spinning top candle. A bullish spinning top candle on daily chart nearer to the longer-term upward trending channel breakout support placed around 10,100 levels, as discussed in our previous communication, brightens the possibility of aggressive bears attempting to beat a hasty retreat. Hence, buy-on-dips is advised as long as dual supports placed 10,100 and 10,050 is intact. Successful breakout of the higher resistance placed around 10,430 levels may take benchmark index towards 10,560 levels. On the Nifty hourly chart; RSI rebounded from its oversold zone following recovery in the benchmark index. Hence, we prefer buy-on-dips. Higher resistances are placed around 10,430 and 10,560. Nifty patterns on multiple time frames show; the benchmark index reverted back almost from the prolonged upward trending channel breakout support. Hence, buy-on-dips is advised as long as dual supports placed around 10,100 and 10,050 is intact. Open positional calls- Positional T+2 Buy- Future Segment- LUPIN Fut on 844, TGT- 864, SL- 834 Positional T+2 Buy- Future Segment- BATA Fut on TGT- 910, SL- 865 Nifty Crucial Supports & Resistances for the day- Supports , Resistances , Top Stock Drivers For The Day Name CMP News/Views Impact Tata Motors Ltd Tata Motors JLR September sales declined 12.3% YoY. China Sales declined 46.2% YoY..JLR sales was impacted due to uncertainty in China. Negative Coal India Coal India signed JV pact for 3000MW Solar Power Generation and 2000MW thermal power generation with NLC India Ltd. Positive Jaydeb Dey Jaydeb.dey@smifs.com Mononita Mitra m.mitra@smifs.com Contents Page No. Domestic news 4 1

2 Intraday Chart of Sensex Market Turnover (INR. Crore) Name Last Previous NSE Cash NA NSE F&O NA BSE Cash BSE F&O NIFTY Top Gainers Name %1D %5D Day Vol. Avg 5 Day Vol. HPCL ,602,681 24,096,600 Yes Bank ,349,640 96,748,800 RIL Ltd ,679,428 14,187,590 IOCL ,726,195 23,190,300 Kotak Mahindra ,067,810 4,824,962 NIFTY Top Losers Name %1D %5D Day Vol. Avg 5 Day Vol. HDFC ,939,555 4,356,284 Wipro Ltd ,549,522 4,507,292 Tech Mahindra ,643,927 4,354,216 Hindalco ,198,149 14,345,610 Vedanta ,293,316 23,522,230 Bulk and Block Deals BulknBlockDeals.aspx FII Derivatives Flow (In Crore) Instrument Purchase Sale Net Index Future Index Option Stock Future Stock Option Institutional Flow (In Crore) Institution Purchase Sale Net FII DII Market in Retrospect Indian equity benchmarks rebounded after posting their worst weekly performance in 31 months led by Reliance Industries, Kotak Mahindra Bank and State Bank of India. Sensex rose 97 points or 0.28% to 34,474 and the Nifty climbed 0.3% or 32 points to 10,348. Nifty Energy & Nifty PSU Banks were the top gainers, gaining by 4.14% & 1.79% respectively. Nifty Realty & Nifty Metal were the top losers, losing by 3.21% & 3.05% respectively. HPCL was the top gainer, gaining by 8.54%, followed by Yes Bank & RIL which were up by 7.38% & 5.77% respectively. Vedanta was the top loser, losing by 10.75%, followed by Hindalco & Tech Mahindra, which were down by 7.67% & 2.74% respectively. *NA : Data not updated till 6.30 P.M The Advance : Decline ratio stood at 502 :

3 Indian Indices Sensex Nifty BSE M Cap BSE S Cap Nifty MC BSE Auto BSE Capgoods BSE FMCG BSE Metal BSE Oil&Gas LME Currency Agro Commodities BSE Healthcare BSE Power BSE Realty BSE ConsDur BSE Bank BSE IT Gold($/Ounce) Silver($/Ounce) Aluminium Copper Zinc Lead Name Rate Net Chng %1D %5D %1M %3M %1Y INR USD Index YUAN GBP EUR YEN Name Price Net Chng %1D %5D %1M %3M %1Y Coffee Cotton Sugar Wheat Global Indices (Updated at 4:30 pm) Dow Jones Nasdaq S&P FTSE CAC DAX Mexico IPC Brazil Bovespa Russian RTS Japan Nikkei Hang Seng Taiwan Index Shanghai Comp KOSPI Malaysia KLCI Jakarta Comp Philippine SE Thai Exch Freight Baltic Dry Baltic Dirty Energy Markets NYMEX Crude BRENT Crude Natural Gas Bond Markets Name Yield Net Chng %1D %5D %1M %3M %1Y US UK Brazil Japan Australia India Switzerland Germany Soybean

4 News Impact VECV to set up INR400 crore greenfield truck manufacturing plant in Bhopal Eicher Motors, which has a 50:50 JV with Volvo for trucks and buses (VECV), announced that the JV plans to set up a new greenfield truck manufacturing plant at an investment of INR400 crore in Bhopal. The target is to go on stream with this plant in the next 18 months at an investment of around INR400 crore and an initial capacity of 40,000 trucks, in addition to the capacity of 90,000 trucks at Pithampur, near Indore. L&T Construction bags orders worth INR1881 crore Larsen & Toubro announced that the power transmission and distribution business of its arm L&T Construction has bagged orders worth INR1881 crore in the domestic and international markets. The business has secured major orders for constructing /11kV substations in Kuwait. Additional orders have been received from ongoing transmission line projects in India and Egypt. The company also mentioned that it has also received orders for implementation of a high voltage distribution system in the semi-urban and rural areas of Kharagpur and Midnapur in West Bengal. Oil declines on hopes for U.S. waivers on Iran, Saudi assurance Oil fell to the lowest in a week in London on renewed hopes the U.S. may soften the blow of sanctions on Iran s crude exports, and as Saudi Arabia promised to fill any shortfall. Brent futures fell 1.2 percent to near USD83 a barrel, after retreating 2.5% over the past two sessions. The U.S. was said to be in talks with countries that want to continue buying from Iran after American sanctions are imposed Nov. 4. Saudi Arabia and its allies have raised output to offset declining supply from the Persian Gulf nation and the kingdom can tap its spare capacity immediately to boost production further. Oil rallied to the highest in almost four years earlier this month on concerns that OPEC and its allies aren t raising output quickly enough to make up for the squeeze on Iranian shipments. U.S. law doesn t rule out waivers for some buyers of crude from the Persian Gulf nation, but the Trump administration hasn t granted any since deciding to reimpose sanctions in May. Renewed signals that America could allow some purchases to continue are helping to ease supply concerns. The U.S. appears to be abandoning its tough stance on buyers of Iranian oil. 4

5 Events CORPORATE ACTION BONUS / RIGHTS / STOCK SPLIT / DIVIDEND / FCCB / M&A / WARRANTS ETC. Company Record Date Ex-Date Details Maurya Udyog South India Projects Final gross dividend INR % Bonus Domestic Events No events scheduled Global Events Japan Current Account Balance for August Source of News : The content may have been taken from The Economic Times, Business Standard, Business Line, Mint and other leading financial newspapers and financial portals BSE,NSE, Bloomberg, Moneycontrol & others. 5

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