Daily Equity Report. Outlook of Nifty & Bank Nifty Today. Daily Chart: Nifty Future Support- Resistance

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1 Daily Equity Report Nifty Future Support- Resistance R1/R /10820 S1/S /10400 Daily Chart: Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty witnessed a volatile trading session before ending the session on a flat note as tracking broader Asia as investors trimmed exposure to riskier assets amid a political crisis in Italy, ahead of F&O expiry for the month of May. Buying movement can be seen if able to give breakouts of mark and sustain above it while on lower side will act as an immediate support for now.

2 Page 2 Bank Nifty Future Support- Resistance R1/R /26950 S1/S /25500 Bank Nifty Outlook:- After gap down opening, Bank Nifty could not sustain on lower side as well as given recovery from its day low and ends in green territory. For now short term buying may seen, if able to give breakouts of than it may head towards mark. Daily Chart: Technical Outlook Top Gainers M&M BAJFINANCE 2, COALINDIA YESBANK Top Losers HINDPETRO HINDALCO GRASIM 1, TATAMOTORS

3 Page 3 Stock Corner: 1. Shares of Eveready Industries slipped 3% after the company posted a net loss of Rs16cr in the March quarter due to a spike in operating costs. It had reported a net profit of Rs10.5cr in the same quarter last year. The company s revenue from operations has increased to Rs349.7cr in Q4FY18 over Rs317cr in the Q4FY Glenmark Pharma sets up committee to assess feasibility of housing API and Consumer care business in separate business entity. 3. Shares of Mahindra & Mahindra (M&M) gains after the company reported a strong 50% year on year growth in consolidated net profit at Rs billion in March 2018 quarter (Q4FY18). It had profit of Rs 7.7 billion in the same quarter last fiscal. 4. Shares of Glenmark Pharmaceuticals tanks after the company reported a decline of 17% in its consolidated net profit at Rs 1.52 billion for the quarter ended March 2018 (Q4FY18), on account of de-growth in US business. The drug company had profit of Rs 1.84 billion in the same quarter last fiscal. 5. Dilip Buildcon dips after the company reported 11% year on year (YoY) growth in its consolidated net profit at Rs 2.18 billion in March 2018 quarter (Q4FY18). The net profit growth during the quarter was lowest in past six quarters. 6. State Bank of India has hiked interest rates on its retail fixed deposits for short to medium term by up to 25 bps with effect from May 28, Vedanta ordered by Tamil Nadu government to seal and permanently close the copper smelter plant at Tuticorin. 8. Dalmia Bharat Sugar to sell its wholly-owned subsidiaries' Dalmia Solar Power and Dalmia Sugar Ventures to the promoters. Stock in ban period BALRAMCHIN, DHFL, GMRINFRA, IDBI, IDFCBANK, JPASSOCIAT, JUSTDIAL, RCOM.

4 Page 4 Technical outlook of top 2 stocks NBCC FUT Trend of stock is bearish as well stock ends near around its support, breakouts are expected. INTRADAY R R Stock Info R3 100 VOLUME LEVEL 94 DAY HIGH S DAY LOW S2 91 MARKET LOT SIZE 6000 S3 90 VWAP All over trends Bearish

5 Page 5 KOTAKBANK FUT Stock traded higher with sustainable buy side volume and settled near the resistance level. The stock may give breakout if breaks the drawn level. INTRADAY R R Stock Info R VOLUME LEVEL DAY HIGH S DAY LOW S MARKET LOT SIZE 800 S VWAP All over trends BULLISH

6 Page 6 Event Calendar (28 th May to 02 nd June) 28/05/18 (Mon) 29/05/18 (tues) 30/05/18 (wed) 31/05/18 (thurs) 01/06/18 (Fri) 02/06/18 (sat) Result ASTRAMICRO, DBREALTY, COXKINGS, DOLPHINOFF, GSFC, KWALITY ETC Result BPCL, CCCL, COALINDIA, DISHTV, GATI, IOB ETC Result 8KMILES, ALANKIT, ANANTRAJ, BHARATGAS, BFUTILITIES ETC GDP Quarterly (YoY) 5:30 PM - - Daily Calls INTRADAY BASIC CALLS DATE Service Stock Name Entry Price Exit Profit/loss 30/05/18 Future BAJFINANCE FUT /05/18 Future RELINFRA FUT /05/18 Option TATAELXSI 1240 CE HNI CALLS DATE Service Stock Name Entry Price Exit Profit/loss 30/05/18 Option MINDTREE 1020 CE /05/18 Option TVSMOTOR 590 CE /05/18 CASH JINDALPOLY Report by Senior Researcher : Miss Namrata Otwani

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