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 /11190 S1/S /10640 Daily Chart: Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty ended flat after the BJP is likely to fail to reach half-way mark in Karnataka, though it is likely to be emerging as the largest party with 104 seats. Nifty formed a Doji pattern on the daily chart giving early signs of a reversal. The levels which acted as a resistance previously will now act as the first support level while on higher side seen as immediate resistance.

2 Page 2 Bank Nifty Future Support- Resistance R1/R /27650 S1/S /25900 Bank Nifty Outlook:- Bank Nifty on the other hand created a Doji pattern which is again indicating uncertainty. Going forward, is the crucial support for the index. 27,000 mark seen important resistance for now, if able to give breakouts and sustain above it than only buying momentum could be seen again. Daily Chart: Technical Outlook Top Gainers TATASTEEL 627 POWERGRID 214 BAJFINANCE 1, TCS 3, Top Losers TATAMOTORS SBIN COALINDIA 264 IBULHSGFIN 1,199.75

3 Page 3 Stock Corner: 1. Hindustan Unilever gains in an early trades after the fast moving consumer goods (FMCG) major reported a better than expected sales volume growth of 11% in March quarter (Q4FY18). Analysts expected sales volume growth in the range of 5% to 8%. 2. Karnataka Bank share price fell 4 percent after profit for the March quarter dropped sharply to Rs 11 crore compared to Rs crore in corresponding period last fiscal. 3. Punjab National Bank has posted highest ever quarterly loss at Rs 13,417 crore for the January-March period of Gross non-performing assets jumped to percent from percent and net NPAs rose to percent from 7.55 percent YoY. 4. Pharma major Lupin has posted a loss of Rs crore for the quarter ended March 2018, due to one-time loss of Rs 1,464.3 crore on Gavis Group acquisition. The company had reported profit of Rs crore for March quarter Snowman Logistics share price fell more than 5 percent after March quarter profit after tax plunged 47.2 percent to Rs 1.9 crore from Rs 3.6 crore YoY.Revenue from operations, however, increased 16.3 percent to Rs 51.8 crore from Rs 44.6 crore YoY. Stock in ban period DHFL, JETAIRWAYS, JPASSOCIAT, JUSTDIAL, PCJEWELLER, WOCKPHARMA.

4 Page 4 Technical outlook of top 2 stocks ARVIND FUT Stock remained significantly lower from the downward sloping trend line and rested near the support level drawn on chart. The stock is expected to give lower breakout.. INTRADAY R1 435 R2 445 Stock Info R3 455 VOLUME LEVEL DAY HIGH S1 413 DAY LOW S2 405 MARKET LOT SIZE 2000 S3 390 VWAP All over trends Sideways to Negative

5 Page 5 EQUITAS FUT Stock could able to sustain on higher and drag lower side and form Bearish candle which can be seen in below charts selling pressure may continue. INTRADAY R1 440 R2 445 Stock Info R3 450 VOLUME LEVEL DAY HIGH S1 410 DAY LOW S2 400 MARKET LOT SIZE 3200 S3 395 VWAP All over trends Bullish

6 Page 6 Event Calendar (14 th May to 19 th May) 14/05/18 (Mon) 15/05/18 (tues) 16/05/18 (wed) 17/05/18 (thurs) 18/05/18 (Fri) 19/05/18 (sat) BOMDYEING, HUL, POLARIS ETC FORTIS, KTKBANK, LUPIN, MRPL, PNB, SUVEN ETC AXISBANK, DBCORP, GSFC, HINDALCO, JSWSTEEL, PTCINDIA ETC BAJFINANCE, COFFEEDAY, ESCORTS, JKTYRE, SRF, VOLTAS ETC BAJAJ-AUTO, INOXWIND, MANAPPURAM ETC ATULAUTO, ITI, RUSHIL, SOBHA ETC Daily Calls INTRADAY BASIC CALLS DATE Service Stock Name Entry Price Exit Profit/loss 15/05/18 Cash MPHASIS /05/18 Future PIDILITIND FUT /05/18 Option BEML 1100 CE HNI CALLS DATE Service Stock Name Entry Price Exit Profit/loss 15/05/18 Cash BIOCON /05/18 Future APOLLOTYRE FUT /05/18 Option ESCORTS 960 CE

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