WEEKLY REPORT. 26 th June. to 30 th June June to 30 June 2017

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1 26 th June. to 30 th June Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore (M.P.) India Mobile : Telephone :

2 INDIAN MARKETS INDIAN SECTORIAL INDICES INDICES VALUE CHANGE (weekly) % CHANGE (weekly) INDICES % CHANGE (weekly) NIFTY SENSEX BANK NIFTY NIFTY AUTO (-3.71) NIFTY FINANCE (0.18) NIFTY FMCG (0.85) MARKET SUMMARY The market fell sharply on last day of the week, with the Sensex down more than 150 points as investors preferred profit-booking ahead of the long weekend. They also maintained a cautious stance as the GST implementation date is approaching fast and ahead of Modi-Trump meet on Monday. The 30-share BSE Sensex was down points at 31, and the 50-share NSE Nifty slipped points to 9, but the loss was more in broader markets on negative breadth. NIFTY IT (-0.18) NIFTY COMSUMP (0.08) NIFTY METAL (-1.31) NIFTY PHARMA (-0.49) NIFTY INFRA (-0.28) NIFTY ENERGY (-0.46) NIFTY REALTY (-2.76) 2

3 MOVERS & SHAKERS LAST WEEK Losers of the Week Symbol CMP % change BANKBARODA IOC EICHERMOT HEROMOTOCO BOSCHLTD Gainers of the Week Symbol CMP % change POWERGRID GLOBAL INDICES U.S. DJIA S&P 500 NASDAQ ( -0.18% ) ( -0.23% ) ( 1.84% ) EUROPEAN CAC 40 DAX FTSE ( 0.05%) (-0.15%) (-0.52%) ASIAN NIKKEI HANG SENG SHANGHAI COM ( 0.94%) ( 0.17%) ( 2.77%) VEDL SUNPHARMA INDIAN CURRENCY USD-INR EUR-INR GBP-INR JPY-INR USD INDEX AUROPHARMA WIPRO (0.15%) ( 0.08%) ( 0.23%) ( -0.70%) ( -0.08%) 3

4 CORPORATE ACTIONS THIS WEEK SYMBOL PURPOSE DATE PAEL Board meeting Rescheduled 27-Jun-17 NECLIFE Results/Dividend 27-Jun-17 BOMDYEING Results/Dividend 28-Jun-17 BFINVEST Results 28-Jun-17 CMICABLES Results/Dividend 29-Jun-17 RELIGARE Results 29-Jun-17 EASUNREYRL Results 30-Jun-17 DEEPAKFERT Results 30-Jun-17 APOLLOTYRE AGM/Dividend 27-Jun-17 CAPF AGM/Dividend 27-Jun-17 SATIN AGM 28-Jun-17 ANGIND AGM 28-Jun-17 INDIANHUME AGM/Dividend 28-Jun-17 HCC AGM 28-Jun-17 ENGINERSIN Buyback 28-Jun-17 TEAMLEASE AGM 29-Jun-17 GULPOLY AGM/Dividend 29-Jun-17 BHARATFIN AGM 29-Jun-17 CENTUM AGM/Dividend 29-Jun-17 HDFCBANK Dividend - Rs 11/- Per Share 29-Jun-17 STRTECH AGM/Dividend 29-Jun-17 NUCLEUS AGM/Dividend 29-Jun-17 JAYAGROGN AGM/Dividend 29-Jun-17 NUCLEUS Buyback 29-Jun-17 HEROMOTOCO AGM/Dividend 30-Jun-17 SYMBOL PURPOSE DATE TATACOFFEE AGM/Dividend/Special 30-Jun-17 JSWENERGY AGM/ Dividend 30-Jun-17 4

5 NIFTY OUTLOOK R R R Pivot S S CLOSE OPEN HIGH LOW CHANGE -7.2 S % CHANGE TECHNICAL VIEW Nifty future on weekly chart appears very weak as it has ended with a bearish candlestick pattern on the top and also it has crossed the trend line. After a commendable rally Nifty may now discount to again climb up. The current formation on charts shows that bear will control the index. So sell Nifty only below 9570 for the targets of 9450 and 9350 with strict stop loss of

6 NIFTY BANK OUTLOOK R R R Pivot S S CLOSE OPEN HIGH LOW CHANGE 86 S % CHANGE 0.36 TECHNICAL VIEW BANKNIFTY FUTURE seems to be weak for the coming week as the index on daily charts has crossed and closed below the trend line and on weekly charts also it has closed with an exhausted candlestick, which indicates that the index may be in corrective mode further. So sell bank nifty below for the targets of and with strict stop loss of

7 RECOMMENDATIONS MOTHERSON SUMI FUTURE R R R Pivot S S CLOSE OPEN HIGH LOW CHANGE S % CHANGE TECHNICAL VIEW MOTHERSON SUMI FUTURE ( SELL ) (29 JUNE-2017) MOTHERSON SUMI Future is a good stock to in selling side this week. The scrip on weekly charts has prepared a turn down candlestick pattern, last week s candle has closed with an Engulfing Bear which indicates that the uptrend may be over. If it continues to sustain below last close, it will come down. So sell it below 462 for 457 and 450 with strict stop loss of

8 RECOMMENDATIONS BEL FUTURE R R R Pivot S S CLOSE OPEN HIGH LOW CHANGE S % CHANGE TECHNICAL VIEW BEL FUTURE ( SELL ) (29 JUNE-2017) BEL FUTURE on daily and weekly charts has crossed the flat neckline support and has closed with a Descending Triangle chart pattern, which is a sign of further downtrend. So if the stock keeps ranging around 163, it will see some more downside. So sell it below 162 for the targets of 159 and 156 with strict stop loss of

9 OUR RECOMMENDATIONS CIGITI TECHNOLOGIES (CASH) R R R Pivot S S CLOSE OPEN HIGH LOW CHANGE S % CHANGE TECHNICAL VIEW CIGNITI TECHNOLOGIES (BUY) CIGNITI TECHNOLOGIES is looking good on weekly charts, it has turned up from very important support of double top and closed above the neckline. The scrip may reverse upside from here. So buy it if it sustains above 303 for the targets of 340 and 380 with strict stop loss of

10 RECOMMENDATIONS GUJRAT PIPAVAV PORT LTD (CASH) R R R Pivot S S CLOSE OPEN HIGH LOW CHANGE 3.85 S % CHANGE 5.66 TECHNICAL VIEW HSCL (BUY) HSCL is good pick to buy for the week, the scrip had a bull run in last week also and it closed with a green candlestick above resistance of double bottom with good volumes. So we advise you to buy it above 73.5 for 80 and 90 with strict stop loss of

11 STATUS OF OUR LAST RECOMMENDATIONS REPORT SYMBOL BEML FUT SYMBOL MUNJAL AUTO IND. SYMBOL NIFTY FUTURE SEGMENT FUTURE BUY 1465 TG TG SL 1435 ACHIEVED 2ND TGT HIGH IS 1574 SEGMENT CASH BUY 136 TG1 142 TG2 150 SL 129 ACHIEVED SL HIT SEGMENT INDEX BUY 9580 TG TG SL 9500 ACHIEVED NOT EXECUTED SYMBOL UJJIVAN SEGMENT FUTURE BUY 325 TG1 340 TG2 355 SL 307 ACHIEVED SL HIT SYMBOL GUJARAT PIPAVAV SEGMENT CASH BUY TG TG2 170 SL 147 ACHIEVED SL HIT SYMBOL SEGMENT BANK NIFTY FU- TURE INDEX BUY TG TG SL 2325 ACHIEVED 1ST TGT HIGH IS

12 STOCKS IN NEWS WOCKHARDT The company and its subsidiaries -- Wockhardt UK Holdings and CP Pharmaceuticals -- have settled the litigation before the high court in London in relation to a supply contract for a drug named Trisenox, Wockhardt said in a regulatory filing. RELIANCE DEFENCE has entered into a pact with Daher Aerospace, France for aerospace equipment manufacturing. This offers a great opportunity for both the companies to work together for aerospace composites parts manufacturer. There is an increasing demand in aerospace sector for the composite components. TATA POWER has written to the government and stakeholders offering to sell a 51 percent stake in its Mundra Ultra Mega Power Project (UMPP) to 5 state discoms. AIR INDIA The government is looking at various options, including possible privatization, to revive the loss-making national carrier and Tata group is believed to be interested in buying the stake in Air India. ESSAR OIL The takeover of India's Essar Oil by Russia's largest oil producer Rosneft can be now considered as closed, Rosneft CEO Igor Sechin told a shareholders' meeting on Thursday. GLENMARK The company has been granted tentative approval by the United States Food and Drug Administration (USFDA) for Solifenacin Succinate tablets, 5 mg and 10 mg, Glenmark Pharmaceuticals said in a BSE filing. ALEMBIC PHARMA Drug firm Alembic Pharmaceuticals has received US health regulator's nod for Amantadine Hydrochloride capsules used to treat symptoms of infection caused by influenza virus. PETRONET LNG India's biggest importer of liquid gas, is in talks to buy 25 per cent stake in Gujarat State Petroleum Corporation's (GSPC) almost- complete Rs 4,500-crore Mundra LNG import terminal in Gujarat. SPML INFRA SPML Infra has received new orders of Rs 642 crore for irrigation projects, water supply scheme and power infrastructure development in various states. The company has received new orders for water supply and irrigation projects in Gujarat, Madhya Pradesh and Jharkhand and power infrastructure development in West Bengal. TATA MOTOR its board has approved to raise up to Rs 500 crore via issue of securities on a private placement basis. AXIS BANK Private sector Axis Bank has planned a capital raise of up to Rs 35,000 crore in about a year's time in line with its growth projection in domestic as well as overseas operations. LARSEN & TOUBRO The government sold its 2.5 per cent stake in Larsen & Toubro to state-run entities, including SBI and LIC, for about Rs 4,200 crore. SPICE JET Low-cost carrier Spice Jet has entered into a tie-up with a US-based company for lighter seats that also offer more legroom on the aircraft. TATA ELXSI has been roped in by the Airports Authority of India (AAI) to design information and technology guidelines for all upcoming AAI airports. 12

13 PIVOT TABLE SUPPORT ZONE RESISTANCE ZONE SYMBOL WEEK PIVOT WEEK SUPPORT ZONE PIVOT RESISTANCE ZONE SUP.2 SUP.1 RES.1 RES.2 SYMBOL CLOSE NIFTY SUP.2 SUP.1 POINT RES.1 RES ACC KOTAKBANK AMBUJACEM LT.BO ASIANPAINT LUPIN AXISBANK BAJAJ-AUTO M&M BANKBARODA MARUTI BHARTIARTL NMDC BHEL NTPC BPCL ONGC CAIRN PNB CIPLA COALINDIA POWERGRID DRREDDY RELIANCE GAIL SBIN GRASIM SUNPHARMA HCLTECH TATAMOTORS HDFC TATAPOWER HDFCBANK HEROMOTOCO TATASTEEL HINDALCO TCS HINDUNILVR TECHM ICICIBANK ULTRACEMCO IDEA VEDANTA IDFC WIPRO INDUSINDBK INFY YESBANK ITC ZEEL

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