Daily Report Monday, Aug. 14, 2017

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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 S&P BSE Sensex recorded a gap down opening in opening trade on Friday largely weighed down by weak global cues which pushed the index towards 31,100. Tracking the weakness in markets, as more than 200 stocks hit fresh 52-week low on the BSE. The S&P BSE Sensex has already plunged over 1,400 points in a matter of days from its record high of 32, recorded just last month. Indian market came under pressure this week on geopolitical concerns as a war of words between the US and North Korea continues to keep investors on tenterhooks. Back home, concerns over SEBI list of shell companies led to massive deleveraging in the small and midcap space. URL: Call Us On : Page: 2

3 MOVERS & SHAKERS Gainers of the Day Symbol CMP % change DRREDDY 2, AUROPHARMA GAIL BPCL YESBANK 1, Losers of the Day Symbol CMP % change HINDALCO VEDL SBIN BOSCHLTD 22, BANKBARODA Weeks High Symbol LTP Change % change AVADHSUGAR COCHINSHIP ENDURANCE 1, INDNIPPON METKORE Weeks Low Symbol LTP Change % change ABAN AMARAJABAT COALINDIA DISHTV IDBI Volume Shockers OI Spurts Symbol Volume Symbol Change in OI % Change in OI STINDIA 23,91,638 SBIN 10, MOIL 10,31,358 ICIL 70,08,762 TVTODAY 6,75,639 CADILAHC JPASSOCIAT TVSMOTOR CIGNITITEC 7,90,123 IGL URL: Call Us On : Page: 3

4 DAILY NEWS Banks waive loan switch-over costs from base rate to MCLR Cochin Shipyard outperforms market; ends at day's high, up 22% SBI Q1 profit jumps 3-fold; asset quality worsens, gross slippages at Rs 30,059 cr TVS Motor Q1 profit rises 7% to Rs 130 cr; revenue beats estimates, up 19% Rajya Sabha passes Banking Regulation Bill Ashok Leyland introduces four apps to tap Rs 1,000 cr digital marketplace revenue NCLT declares Jaypee Infratech insolvent PTC India Q1 net profit up 15.77% at Rs cr Sun Pharma posts Q1 loss at Rs 425 cr on Modafinil settlement; US, India drag revenue 25% Bank of Baroda Q1 profit tanks 52%; gross NPA spikes to 11.4%, slippages surge Cipla profit rises 21% to Rs 409 cr in Q1 on cost controls, operational efficiency Results today: Coal India, Tata Power, Grasim Industries SAIL Q1-Revenue up 25.6 percent At Rs 12,983.5 Crore Versus Rs 10,335.7 Crore (YoY) -Overseas Investment Company (Mauritius) Limited subsidiary of Mahindra & Mahindra, has agreed to sell its entire shareholding of 51 percent in Mahindra Yueda Yancheng Tractor Company ('MYYTCL'), Chin -Vinati Organics board of directors approve buyback proposal for purchase of 2,00,000 equity shares (0.39 percent) through tender rout -Satin Creditcare board approves the allotment of 12,30,098 optionally convertible redeemable preference shares (OCRPS) of Rs 10 each at an issue price of Rs to Capital Firs -JK Tyre - Rating on Long term bank facilities upgraded to CARE A+ stable from CARE AA- Negativ -Reliance Communications - ICRA revises long term rating to BB -Tata Group plans to hive off power co s engineering division -Hero MotoCorp plans to launch 3 new scooter models: Min -DLF's 40 percent stake sale in rental arm to GIC enters final lap -Mercator planning to hive off its dredging business and raise USD 200 million -Adani Ports and JSW in race to buy APM's Gateway terminals stake -Bajaj Finance hires 3 investment banks for USD 700 million QIP: -Arvind arm Syntel signed a deal to buys two enkay tech units 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 DLF FORTIS IBREALEST JISLJALEQS 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 RECOMMENDATIONS 1. RELIANCE FUTURE (SELL) R2 R PIVOT S1 S RELIANCE FUTURE in last trading session saw a big fall. The scrip had broken an important support and also a neckline of Double Top and closed in red below it with heavy volumes on selling side. So we advise you to sell it from 1540 for the targets of 1520 and 1500 with strict stop loss of NMDC FUTURE (SELL) NMDC FUTURE had a bearish trading session last day. The scrip has been falling down since last three sessions and now confirmed further selling by closing below an important support line. So we advise to sell it below 118 for the targets and 115 with strict stop loss of 120 URL: Call Us On : Page: 5

7 TECHNICAL RECOMMENDATIONS TECHNICAL VIEW : TVTODAY CASH (BUY) TVTODAY seems to have a reversal from here as it traded more than 14% on upside, when all the market was in bears control the scrip closed positive. Moreover it recovered almost all losses of previous and this week. So we advise to buy it above 248 for 254 and 262 with strict stop loss of 242 TECHNICAL VIEW : 63MOONS CASH (BUY) Inspite of sharp correction in the market 63MOONS maintained a reversal from support and the volumes on buying side were higher. Avoiding the previous day s downside breakout it reversed and closed with a green candlestick on bottom. So we advise you to buy it around 65 for 67.5 and 71 with strict SL of 62 URL: Call Us On : Page: 6

8 TECHNICAL RECOMMENDATIONS 3. NIFTY FUTURE (SELL) Nifty Future yesterday saw huge correction of more than 100 points, the volumes were heavier on sell side and the index closed in red. But Nifty also has strong support around 9800 and it reversed just from than and recovered some losses. So we advise to sell it from rise around 9900 for the targets of 9850 and 9800 with strict stop loss of BANK NIFTY FUTURE (SELL) BANKNIFTY FUTURE in yesterday trading session got volatility with downside movement the index crashed around 250 points and closed with a red candlestick with heavy volumes. It has also broken a long channel and closed below the channel line. So we sell it from around for the targets of and with strict stop loss above URL: Call Us On : Page: 7

9 PREVIOUS DAY S PERFORMANCE CALL SEG- MENT ADVISE ENTRY TGT SL STATUS NIFTY INDEX SELL NOT EXECUTED BANKNIFTY INDEX SELL NOT EXECUTED INDUSINDBANK FUTURE SELL BOTH TGT PTC FUTURE SEEL BOTH TGT JBF IND. CASH BUY BOTH TGT MASTEK CASH BUY BOTH TGT HIT 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