Daily Report Wednesday, Aug. 09, 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 Benchmark indices ended the session on a weak note, with the Nifty closing below 10,000 for the first time in nine sessions. The Sensex was down points at , while the Nifty was down points at The market breadth was negative as 602 shares advanced against a decline of 1974 shares, while 121 shares were unchanged. Financial stocks dragged the market the most, while metals gained in a weak trading session. Realty stocks too fell during the day, with HDIL and DLF falling 19 and 7 percent, respectively. URL: Call Us On : Page: 2

3 MOVERS & SHAKERS Gainers of the Day Symbol CMP % change HINDALCO VEDL CIPLA TATASTEEL GAIL Losers of the Day Symbol CMP % change DRREDDY 2, BPCL INFRATEL IOC COALINDIA Weeks High Symbol LTP Change % change ACC 1, BATAINDIA DABUR EICHERMOT 32, JETAIRWAYS Weeks Low Symbol LTP Change % change AJANTPHARM 1, DRREDDY 2, JBFIND INDIANCARD ONMOBILE Volume Shockers OI Spurts Symbol Volume Symbol Change in OI % Change in OI GAMMNINFRA 13,25,81,279 ADHUNIK 10,49,696 MAHASTEEL 12,75,316 JMFINANCIL 50,10,581 MEGH 71,29,766 INFRATEL 2, MUTHOOTFIN JINDALSTEL 2, MRPL BAJAJ-AUTO 1, URL: Call Us On : Page: 3

4 DAILY NEWS Indian Angel Network and BIRAC join hands to nurture biotech startups Sebi imposes trading curbs on 331 shell companies Banking funds outshine sectoral fund categories, while pharma funds lag Domestic MFs, institutions bought ICICI Bank the most in Q2FY18: Morgan Stanley Bharti Infratel slips 5% after Airtel sells 3.7% stake in company via block deals Sintex Plastics Technology shares fall 5% after a strong debut at Rs 130 Results today: Tata Motors, Eicher Motors, NALCO, NMDC Deepak Nitrite Q1-Net profit at Rs 20.1 crore versus Rs 67.4 crore (YoY) -Aurobindo, Intas in race to buy Mallinckrodt's US generics business -Automotive Stampings - CRISIL has downgraded its ratings on the bank facilities to 'BBB+/Stable' for the long term borrowings and 'A2' for short term borrowing -SRF board approves setting-up of a facility to produce specialty chemicals (P-33) for agro industry at chemical complex in Dahej, Gujarat at an estimated cost of Rs 85 cror -Sintex Industries approves allotment of 87,82,069 equity shares to foreign currency convertible bonds holder upon exercise of their conversion righ -Dilip Shanghvi's Sun Oil and Natural Gas to acquire percent stake in GSPC: Min -Tata Steel looking at acquisitions, open to buy stressed assets: Min -Crompton Greaves offers Videocon Rs 1,440 crore for Kenstar: Min -Lenders of Tata Teleservices may recall loans for Rs 1,911 cror -Amazon US to sell Titan, Fastrack products-lupin gets US FDA nod PVR -To sell 51 percent stake in PVR bluo entertainment for Rs 86 crore Chambal Fertilisers Q1 -Net profit at Rs crore versus Rs crore (YoY) Gujarat Industries Q1 -Net profit up 14.4 percent at Rs 62.9 crore versus Rs 55 crore (YoY) Jindal Steel Q1 -Consolidated revenue up 19.6 percent at Rs 6,126.6 crore versus Rs 5,124.7 crore (YoY) 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 HDIL IBREALEST INDIACEM JINDALSTEL JPASSOCIAT JSWENERGY KSCL 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 964 URL: Call Us On : Page: 4

6 TECHNICAL RECOMMENDATIONS 1. HCC FUTURE (BUY) R2 R PIVOT S1 S HCC FUTURE in last trading session saw a big fall. The scrip has broken an important support line of a descending triangle on top and closed in red with further bearish signals with heavy volumes. So we advise you to sell it below 36.5 for the targets of 35.5 and 34.5 with strict stop loss of IGL FUTURE (BUY) IGL FUTURE in last trading session was very bullish. After days of consolidation It pulled itself up just from important resistance with heavy volume and crossing very imp level of life time high it closed above it with a green candlestick. So we advise to buy it above 1232 for the targets 1245 and 1260 with strict stop loss of 1215 URL: Call Us On : Page: 5

7 TECHNICAL RECOMMENDATIONS TECHNICAL VIEW : JAMNA AUTO CASH (BUY) JAMNA AUTO seems to have more upside from now as it has closed above previous highs in spite of consolidation and gradual correction since last 4 weeks. Continuing the bull trend it closed positive and closed near important resistance. So we advise to buy it above 286 for 293 and 300 with strict stop loss of 275 TECHNICAL VIEW : JUBILANT FOODWORKS LTD. CASH (BUY) JUBILANT FOODWORKS saw a good momentum yesterday with heavy volumes and closed around 6% above the previous close with a green candlestick to signalize the continuation of uptrend. So we advise you to buy it around 1330 for 1400 and 1500 with strict SL of 1230 URL: Call Us On : Page: 6

8 TECHNICAL RECOMMENDATIONS 3. NIFTY FUTURE (BUY) Nifty in yesterday trading session saw correction of around 50 points, the volumes were heavier on sell side and the index closed in red. Which indicates further weakness. But Nifty also has strong support in near levels. So buy it from around 9950 for the targets of and with strict stop loss of BANK NIFTY FUTURE (SELL) BANKNIFTY FUTURE in yesterday trading session got volatility with downside movement, it has broken the channel line and closed below it with a red candlestick with heavy volumes. So we suggest to sell it below for the targets of and with strict stop loss URL: Call Us On : Page: 7

9 PREVIOUS DAY S PERFORMANCE CALL SEG- MENT ADVISE ENTRY TGT SL STATUS NIFTY INDEX BUY NO PROFIT NO LOSS BANKNIFTY INDEX BUY PROFIT BOOKED REPCO HOME FUTURE BUY NOT EXECUTED CENTURYTEX FUTURE BUY BOTH TGT HIT MAHAMAYA STEEL CASH BUY BOTH TGT HIT TRIVENI ENGEERING CASH BUY BOTH TGT 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