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MARKETS AT A GLANCE INDIAN MARKETS INDICES VALUE CHANGE % CHANGE NIFTY 100325.15 +196.75 +1.94 SENSEX 33596.80 +577.73 +1.75 BANKNIFTY 24759.8 +630.30 GLOBAL MARKETS INDIAN SECTORIAL INDICES INDICES VALUE % change DJIA 24505.22 +0.99 S&P 500 2662.84 +0.69 NASDAQ 7076.55 +0.49 INDICES NIFTY AUTO NIFTY FIN SERVICE NIFTY FMCG NIFTY IT % change FTSE 100 7199.50 +2.35 NIFTY MEDIA DAX 12305.19 +2.90 NIFTY METAL NIFTY PHARMA CAC 40 5276.67 +2.62 NIFTY PSU BANK NIKKEI 21672.94 +0.13 NIFTY PVT BANK HENGSENG 29838.11 +1.08 NIFTY REALTY MARKETS SUMMARY Bulls took complete control over Dalal Street on Thursday as the Sensex surged more than 600 points intraday on easing trade war concerns and lower inflation forecast by RBI. Investors' wealth increased by Rs 2.6 lakh crore. Overall there was sharp rally across sectors barring FMCG (that gained 0.86 percent). Banks welcomed the RBI statement saying the implementation of Indian Accounting Standards (IndAS) deferred by one year and lower inflation forecast for current financial year 2018-19. PSU Bank index rallied 5 percent followed by Nifty Bank, Financial Services and Private Bank that gained around 2.5 percent. The Sensex was up 577.73 points or 1.75 percent at 33,596.80 while the Nifty closed above 10,300-mark for the first time since March 15 this year, rising 196.80 points or 1.94 percent to 10,325.20. URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 2
DAILY NEWS RBI defers implementation of IND-AS by one year CBI registers case against M/s Diamond Power Infrastructure Ruchi Soya deal to boost Godrej Agrovet's palm oil business, dilute EPS in short run RBI Monetary Policy: Repo rate unchanged at 6% for the fourth time Crystal Crop Protection files DRHP with SEBI for Rs 1,000 crore IPO L&T starts FY19 on strong note as arm bags order worth Rs 3,376 cr; stock up 2% Services PMI back on growth track in Mar; job-creation at 7-yr high Broking firm Jefferies warns ICICI Bank could face class action suit in United States Nifty PSU bank jumps 3.5% post RBI policy; SBI, ICICI Bank up over 3% RBI proposes fund based working capital to improve banks' credit discipline ONGC may gain Rs 1500 crore in H1 with the natural gas price hike: Moody s PE, VC investments surge 60% to a record $26 bn in 2017: Study Star India bags BCCI media rights for Rs 6,138.1 crore Reliance Communications: The company hopes to cut debt by Rs 25,000 crore after SC allows asset sale Eros International: The company has partnered Royal Challengers Bangalore as title sponsor Tata Motors: the company launched three CVs in Malaysia Glenmark Pharma: The pharma major has recalled over 1 lakh bottles of anti-inflammatory drug in US Coal India: CIL may hike salaries of executives in 2 months. Larsen & Toubro: SFIO has received a complaint against L&T Group of financial irregularities Indian Oil Corporation: Acquires 17 percent participating interest in the Mukhaizna Oil Field, Oman from Shell Kridhan Infra: Gets order worth Rs 134 crore in Singapore Kirloskar Oil Engines plans to double topline this year Tata Comm shareholders meet on May 10 for surplus land transfer IndiGo rules out bidding for Air India Cochin Shipyard setting up 42-acre ship repair facility NALCO signs MoU on commercial use of Nano based Emrion tech HCL Technologies acquires life sciences and consumer services provider C3i solutions Peninsula Land to invest Rs 300 cr in affordable housing project in Pune Tata Motors launches three CVs in Malaysia URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 4
MOVERS & SHAKERS Gainers of the Day Symbol CMP % change HINDALCO 213.90 6.52 VEDL 289.55 5.56 SBIN 260.80 5.46 BAJAJFINSV 5,500.00 5.19 IBULHSGFIN 1,349.90 4.50 Losers of the Day Symbol CMP % change CIPLA 560.00-1.72 BHARTIARTL 394.00-0.27 - - - - - - 52 Weeks High Symbol LTP Change % change APOLLOTYRE 293.00 10.85 3.85 BANDHANBNK 514.00 27.95 5.75 BHARATFIN 1,127.15 25.80 2.34 INDUSINDBK 1,841.00 41.65 2.31 NESTLEIND 8,393.00 41.95 0.50 52 Weeks Low Symbol LTP Change % change GALAXYSURF 1,425.00-12.65-0.88 HAL 1,111.00-4.90-0.44 SUNDARMHLD 252.95-13.30-5.00 BRFL 38.10 0.05 0.13 SATHAISPAT 17.50 0.00 0.00 Volume Shockers OI Spurts Symbol Volume Symbol Change in OI % Change in OI NATHBIOGEN 8,57,112 TINPLATE 77,18,143 STAR 45,41,029 DLINKINDIA 31,07,881 SMARTLINK 8,78,555 STAR 10,550 216.54 PAGEIND 201 35.89 RCOM 1,647 32.17 PVR 404 24.47 APOLLOTYRE 1,051 20.52 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 3
SGX NIFTY (9:00am) POINTS MCX GOLD POINTS USD/INR POINTS RBI REFERENCE RATE INR / 1 USD 65.0601 INR / 1 EURO 79.767 INR / 100 Jap. YEN 60.7800 INR / 1 POUND Sterling 91.5005 SCRIPS IN BAN TODAY NO SCRIP IN BAN PERIOD 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 41101 3313.75 24590 2118.98 195435 15735.00 INDEX OPTIONS 1072326 97047.22 1027645 93365.32 739312 58840.36 STOCK FUTURES 143127 9920.44 123120 8541.77 1087317 76485.11 STOCK OPTIONS 70812 4948.18 73183 5119.17 51377 3614.52 TOTAL 6084.33 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 5
TECHNICAL RECOMMENDATIONS 1. STAR FUTURE (SELL) R2 R PIVOT S1 S2 STAR FUTURE was completely controlled by bears in last trading session, after consolidation of many days the stock come down near support with huge volumes it closed with a bearish candlestick, we assume it may come down from here. So we advise to sell it if sustains below 647 for 632 and 625 with stop loss below 660 2. SBIN FUTURE (BUY) Supported by RBI announcement of inflation and interest rate SBIN FUTURE gain yesterday. the stock had very positive movement with heavy volume and closed with bullish candlestick. So we advise to buy it if it sustains above 395 for 401 and 408 with strict stop loss of 387 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 6
TECHNICAL RECOMMENDATIONS TECHNICAL VIEW : TINPLATE LTD. CASH (BUY) TINPLATE LTD. had strong day last day, it traded in enough big range with heavy volume on support and it has also crossed near resistance and closed above it in green. So we advise to buy it if it sustains above 228 for 233 and 240 with strict stop loss below 223 TECHNICAL VIEW: FLFL LTD. CASH (BUY) FUTURE LIFESTYLE LTD. had bullish day in last trading session. It had a positive movement with huge amount of volume and crossing the life resistance, it closed in green Bullish candle. So we advise to buy it above 436 for 446 and 458 with SL of 426. URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 7
TECHNICAL RECOMMENDATIONS 3. NIFTY FUTURE (BUY) NIFTY FUTURE in yesterday trading session completely ignored the losses of previous session and remained bullish all the day. The index after some consolidation broke again, gaining around 200 points. Recovering all losses with huge volume it closed with bullish candlestick. So buy around 10360 for targets of 10420 and 10500 with stop loss above 10250 4. BANK NIFTY FUTURE (BUY) BANKNIFTY had a fabulous day yesterday. Banks were among the highest gainer. Like Nifty banknifty also ignored technical of last session and gaining continuously with heavy volumes, it closed with bullish candlestick, so we advise to buy it if it sustains above 24900 for targets of 25100 and 25300 with stop loss below 24600 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 8
PREVIOUS DAY S PERFORMANCE CALL SEGMENT ADVISE ENTRY TGT SL STATUS NIFTY INDEX BUY 10075 10150-10250 9960 NOT EXECUTED BANKNIFTY INDEX SELL 24100 23900-23700 24350 NOT EXECUTED RK FORGINGS CASH BUY 825 840-860 805 1ST TGT RNAVAL CASH BUY 30.25 31.75-33 28.5 NOT EXECUTED ADANIENT FUTURE SELL 149 147-145 152 NOT EXECUTED ICICIPRULI FUTURE BUY 395 401-408 387 PROFIT BOOKED 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: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 9