Daily Report Wednesday, Nov

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2 MARKETS AT A GLANCE INDIAN MARKETS INDICES VALUE CHANGE % CHANGE NIFTY SENSEX BANKNIFTY GLOBAL MARKETS INDIAN SECTORIAL INDICES INDICES VALUE % change INDICES % change DJIA S&P NASDAQ FTSE DAX CAC NIKKEI HENGSENG 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 The market fell sharply despite positive global cues on Tuesday, due to fiscal deficit concerns after rising crude oil prices in international market. The rupee hit 65 against the US dollar. Warning letter by USFDA to Lupin also hit sentiment. The 30-share BSE Sensex declined points or 1.07 percent to 33, and the 50-share NSE Nifty closed well below the 10,400-mark, faling points or 0.97 percent to 10, If the crude oil prices increase further then that would be biggest concern for India and its fiscal deficit as the country imports 80 percent of oil requirement. The current fall, however, should be used as a buying opportunity. The 30-share BSE Sensex was down points or 1.07 percent at 33, and the 50-share NSE Nifty fell points or 0.97 percent to 10, About 1,869 shares declined against 877 advancing shares on the BSE. URL: Call Us On : Page: 2

3 DAILY NEWS Results on Wednesday: Ashok Leyland, Shree Cements, Bharat Forge, Voltas, Nagarjuna Fertilizers, Umang Dairies, Navneet Education, Future Consumer, Snowman Logistics, Hinduja Global Solutions, Crest Ventures, Thermax, Bombay Dyeing, Elecon Engineering, JITF Infralogistics, Nagarjuna Oil Refinery, Parsvnath Developers, Arvind, Jindal Drilling, Greenply Industries, Vardhman Textiles, IRB Infrastructure Developers, Triveni Turbine, Oriental Bank of Commerce, Steel Strips Wheels, Welspun India, Trigyn Technologies, Gujarat Alkalies, TTK Healthcare, VA Tech Wabag, Pidilite Industries, Brigade Enterprises, United Breweries, Maharashtra Seamless, Petronet LNG, Gujarat State Fertilizers, Take Solutions, Ingersoll Rand (India), Rain Industries, Aban Offshore, Mindteck (India), Mahanagar Gas, CESC, Balkrishna Industries, KRBL, EID Parry India, Gujarat Narmada Valley Fertilizers and Chemicals, Triveni Engineering, MAS Financial Services, Khaitan Electricals, La Opala RG, Meghmani Organics, JK Lakshmi Cement, IZMO, Nitco, Chennai Petroleum Corporation, Ramky Infrastructure, Gujarat Ambuja Exports, Electrosteel Castings, Indo Thai Securities, Cupid, PNB Gilts, ITD Cementation, Tainwala Chemical, Gandhi Special Tubes, Vinyl Chemicals, Zodiac JRD- MKJ, Harita Seating Systems, Indian Energy Exchange, Muthoot Finance, Asahi India Glass, Future Market Networks, City Union Bank, New Delhi Television, Kokuyo Camlin Lupin hits 52-week low on USFDA combined warning letter for Goa & Indore units ICICI Bank board okays part stake sale in ICICI Securities IPO Suzuki launches Intruder at Rs 98,000 as a challenger to Bajaj Avenger Special Court probing 2G case to clarify date of judgment on December 5 Sebi mulls increasing minimum public shareholding from 25% to 30-35% Jet Airways, SpiceJet and IndiGo fall 3-5% post crude price surge Cipla tanks 8% despite better Q2 nos; Lupin post warning letter drags Nifty Pharma 5% BHEL Q2 misses estimates, profit rises 6% on other income; EBITDA loss at Rs 95 cr Infosys, TCS, Wipro among top IT stocks that gained 3% due to weak rupee NBCC shares hit record high, up 10% after BoAML initiates coverage with buy Cipla tanks 8% despite better Q2 nos; Lupin post warning letter drags Nifty Pharma 5% Midcaps crack as Lupin hits 52-week low; Just Dial dips over 10%, PNB 5% Huhtamaki Ppl bounces back after poor Q1 Bharti Airtel Co Introduces Data Rollover For Its Home Broadband Customers PNB to close or relocate up to 300 branches NMDC mulls bidding for $9bn mine URL: Call Us On : Page: 4

4 MOVERS & SHAKERS Gainers of the Day Symbol CMP % change HCLTECH HINDPETRO INFY TECHM TCS 2, Losers of the Day Symbol CMP % change LUPIN CIPLA SBIN BHARTIARTL UPL Weeks High Symbol LTP Change % change ARVIND AUROPHARMA CIPLA GSFC KOLTEPATIL Weeks Low Symbol LTP Change % change AMARAJABAT LUPIN DENABANK SBILIFE STAR Volume Shockers OI Spurts Symbol Volume Symbol Change in OI % Change in OI TTML 2,88,33,457 JYOTHYLAB 18,44,551 BALMLAWRIE 30,10,081 NBCC 1,43,82,618 LUPIN 2,50,28,579 LUPIN 19, NBCC OFSS ARVIND 1, HEXAWARE 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 HDIL IBREALEST INDIACEM INFIBEAM JSWENERGY RCOM WOCKPHARMA 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. HINDPETRO FUTURE (BUY) R2 R PIVOT S1 S HINDPETRO FUTURE was down since long and had broken the support in previous sessions, but in last session it recovered a little and closed with Bullish Engulfing candlestick pattern on support line. So we advise to buy it if it keeps sustaining above 449 for 454 and 460 with stop loss below OIL FUTURE (BUY) OIL INDIA FUTURE in last trading session gained initially buy could not sustain above the resistance and reversing from there it dropped down and close with a red doji with heavy volumes. So we advise to sell it if it sustains below 374 for 366 and 362 with strict stop loss of 384 URL: Call Us On : Page: 6

7 TECHNICAL RECOMMENDATIONS TECHNICAL VIEW : ALPHAGEO INDIA LTD. CASH (BUY) ALPHAGEO INDIA LTD. had very strong day yesterday. It had a movement of around 15%. It was consolidating since long but yesterday it gave breakout and closed with a green candlestick and volumes on buying side were high and closing shows that it will now have more upside movement. So we advise to buy it if it sustains above 864 for 874 and 898 with strict stop loss below 850 TECHNICAL VIEW: KITEX GARMETNS LTD. CASH (BUY) KITEX GARMENTS LTD LTD. had a very positive movement in yesterday trading session. On Some fundamental grounds it opened with a gap and saw huge volatility and finally with excellent volumes it closed above resistance with bullish candlestick. So buy it above 328 for 334 and 342 with SL of 322 URL: Call Us On : Page: 7

8 TECHNICAL RECOMMENDATIONS 3. NIFTY FUTURE (SELL) NIFTY FUTURE in yesterday trading session bled badly, it lost more than 100 points and eating all previous gains it closed as Bearish Engulfing candlestick pattern on top, which tells about the upcoming weakness. So we advise to now sell it below for targets of and with strict stop loss below BANK NIFTY FUTURE (SELL) BANKNIFTY FUTURE in last trading session saw a big selling pressure and after gaining initially it lost all gains and broke more than 300 points and closed with a Bearish candlestick pattern. So the price action suggests that Banknifty may come down. So we advise to sell it from for targets of and with strict stop loss below URL: Call Us On : Page: 8

9 PREVIOUS DAY S PERFORMANCE CALL SEGMENT ADVISE ENTRY TGT SL STATUS NIFTY INDEX BUY NOT EXECUTED BANKNIFTY INDEX BUY NOT EXECUTED JMC PROJECT CASH BUY SL TRIGGERED INFINITE COM- PUTER CASH BUY SL TRIGGERED KAJARIA CER. FUTURE BUY SL TRIGGERED BANKINDIA FUTURE BUY 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: 9