COMMODITY WEEKLY REPORT 9 TO 13 JAN. 2017

COMMODITY WEEKLY REPORT 9 TO 13 JAN. 2017 EQUITY WEEKLY REPORT 20 FEB. TO 24 FEB. 2017 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in Telephone :+91-731-698.3000

INDIAN MARKET WEEKLY OUTLOOK INDIAN INDICES WEEKLY INDICES CLOSE CHANGE (%) NIFTY 50 8740.95 8793.55 8821.70 1.15 0.6 0.3 SENSEX 30 28240.52 28334.25 28468.75 1.28 0.33 0.47 NIFTY 500 6650.10 7631.25-10.8 14.75-12.86 NIFTY BANK 20196.80 20213.90 20551.35 0.08 1.67 2.48 NIFTY IT 10025.80 10387.85 10527.20-1.53 3.61 1.34 NIFTY MIDCAP 16.035.20 16227.70 16169.30 1.2-0.36 2.52 NIFTY NEXT 50 23943.15 24201.85 24250.80 1.08 0.2 1.8 INDIAN SECTORIAL INDICES WEEKLY INDICES CLOSE CHANGE (%) NIFTY PHARMA 10555 10542.60 10624.40 1.81-0.12 0.77 NIFTY AUTO 9975.10 10028.05 9683.60-0.39 0.53-3.43 NIFTY METAL 3128.70 3084.65 3053.60 0.61-1.40-1.00 NIFTY FMCG 22645.15 22874.95 22445.80 3.88 1.01-1.87 NIFTY INFRA 2930.20 3038.85 3011.00 2.01 1.66-0.92 NIFTY WEEKLY TOP GAINERS SCRIPT CLOSE CHANGE (%) IDEA BHEL HDFC CELLULAR BANK 109.45 158.00 1377.05 40.32 10.72 5.63 BANK TCS GAIL INDIA OF BARODA 186.45 2397.95 510.20 11.18 7.41 5.55 BHARTI GRASIM RELIANCE AIRTEL INDUST. 353.80 1011.10 1075.50 9.28 7.07 4.40 ITC BHARTI EICHER MOTORS INFRATEL 273.05 317.05 25040.30 6.08 5.74 4.28 DR. ZEE BHARTI REDDYS ENTERTAIN. AIRTEL LAB 3144.55 518.05 369.50 5.01 4.48 3.34 GLOBAL INDICES WEEKLY INDICES CLOSE CHANGE (%) NASDAQ 5666.77 5838.58 0.10 1.82 CAC 40 4825.42 4867.58-0.30 0.81 DAX 11651.49 11757.02-1.38 0.76 FTSE 100 7188.30 7299.96 0.05 0.56 NIKKEI 18918.20 19234.62-2.82-0.74 HANG SENG 23129.21 24033.74-0.99 1.94 SHANGHAI COM. 3140.65 3201.97-0.58 0.14 INDIAN CURRENCY WEEKLY CURRENCY CLOSE CHANGE (%) USD-INR 67.32 67.09 1.04 0.31 EUR-INR 72.61 71.47 0.79 0.12 GBP-INR 84.21 83.29 0.477-0.27 JPY-INR 59.69 59.49 0.91 USD INDEX 100.56 100.89-0.86 0.17 NIFTY WEEKLY TOP LOSERS SCRIPT CLOSE CHANGE (%) DR.REDDYS TATAMOTOR-DVR LAB 2976.05 278.00-5.36-12.51 HINDALCO BANK OF BARODA 191.75 166.15-5.06-11.65 CIPLA TATA MOTORS 452.95-4.05-11.11 TATA HERO MOTORS MOTOCORP 522.60 3087.20-3.57-5.55 NTPC BPCL 171.95 679.00-3.13-5.11

NIFTY WEEKLY OUTLOOK NIFTY WEEKLY CLOSE 8821.70 OPEN 8819.80 HIGH 8896.45 LOW 8712.85 CHANGE 28.15 % CHANGE 0.3 FUNDAMENTAL VIEW:- The market closed upside of 8800 level last week.indian market remained volatile throughout the week weighed down by both global as well as local factors and shortened expiry week is unlikely to be any different. Data on inflation added positive sentiments. Global macro data also put positive sign in the market. Elections also put sentiments good in the market if BJP win in the election. TECHNICAL VIEW:- NIFTY 50 ended the week on a positive note and close at 8821.70. The index made a weekly high of 8896.45 and a low of 8712.85. Immediate resistance for Nifty 50 lies around 8950 level and strong resistance lies around 9100 level. Immediate support lies around 8750 level and strong support around 8700 level. Broad range for Nifty 50 in the week can be seen between levels of 8700 and 9100. WEEKLY SUPPORT & RESISTANCE:- S1 S2 S3 PIVOT POINT R1 R2 R3 NIFTY 8724.2 8626.7 8540.60 8810.30 8907.8 8993.90 9091.4

NIFTYBANK WEEKLY OUTLOOK NIFTYBANKWEEKLY CLOSE 20551.35 OPEN 20273.65 HIGH 21042.35 LOW 20088.20 CHANGE 337.45 % CHANGE 1.67 FUNDAMENTAL VIEW:- Last leg of quarterly earnings, increased foreign fund flow and sharp pullback in the market is yet to confirm a breakout from the recent trading range. The UP election results,the outcomes of the next FED meeting and progress in the GST legislation will effect to the market. Reserve Bank of India removed the bank from the ban list for foreign institutional investors' buying as aggregate foreign shareholding in the bank fell below the prescribed limit under the foreign direct investment policy will affect market. TECHNICAL VIEW:- NIFTY BANK ended the week on positive note and close at 20551.35.The index made a high of 21042.35 and low of 20088.20 in the week. Immediate support for Nifty Bank lies around 20300 level while strong support lies around 19950 level. Immediate resistance for Nifty Bank lies around 20700 level while strong resistance lies around 21100 levels. Broad range for Nifty Bank in the week can be seen between levels of 19950 and 21100 on upside. WEEKLY SUPPORT & RESISTANCE:- S1 S2 S3 PIVOT POINT R1 R2 R3 NIFTYBANK 20078.90 19606.50 19124.80 20560.60 21033.10 21514.80 21987.2

OUR WEEKLY RECOMMENDATIONS (FUTURES) JUST DIAL FUTURE BUY 460 TG1 480 TG2 510 SL 440 JUST DIAL (23-Feb-2017):- JUST DIAL FUTURE has given a positive sign on RSI indicators. The stock future is moving in uptrend with strong OI and volume. Support for JUST DIAL FUTURE lies at 440 level while resistance lies at 480 level. Buy ACC Cements Ltd future (23-Feb-2017) above 460 keeping first target around 480 and final target aground 510, maintaining a stop loss below 440. TATA MO- TOR FUTURE BUY 452 TG1 475 TG2 500 SL 435 TATA MOTORS (23-Feb-2017):- TATA MOTORS FUTURE (23-Feb-2017) shows positive trend on charts. This stock is good on RSI and MACD is showing upside momentum. Support for the stock lies at level of 435. Resistance for the stock lies at 475 levels. Buy TATA MOTORS FUTURE 23-Feb-2017) above 452 keeping first target around 475 and second target around 500 level, maintaining a stop loss below 435.

OUR WEEKLY RECOMMENDATIONS (CASH) SRF CASH BUY 1600 TG1 1660 TG2 1730 SL 1550 SRF LTD:- SRF LTD. looks positive technically. The stock has potential for a fresh rally and volumes is also supporting. On RSI looks upside trend. Support for stock lies at 1550 level while Resistance lies at 1660 level. Buy SRF LTD above 1600 keeping first target around 1660 and final target around 1730, maintaining a stop loss below 1550. KELLTON- TECH CASH BUY 139 TG1 147 TG2 159 SL 131 KELLTONTECH LTD:- KELLTONTECH LTD is showing uptrend and has seen a strong rise in volume. After breakout it will go upside and positive sign on RSI. Support for the stock lies at level of 131 and resistance at 147 level. Buy KELLTONTECH LTD above 139 keeping first target around 147 and final target around 159, maintaining a stop loss below 131.

STATUS OF OUR LAST WEEKLY RECOMMENDATIONS ACC L&T FIN Future FUTURE ENTRY 1420 110 TG1 1455 118 TG2 1500 128 SL 1360 SL 102 ACHIVED 1455 and High is is 1473 INDIA MOTHERSON BULLS REAL SUMI ESTATE Future FUTURE ENTRY 78.30 360 TG1 76.50 390 TG2 TG2 74 400 SL 79.50 SL 350.45 ACHIVED ACHIVED 74 and High is Not Execute 74.95 MARUTI SUZUKI CASH ENTRY 5980 1845 TG1 6200 1950 TG2 6500 TG2 2100 SL 5700 SL 1645 ACHIVED ACHIVED 6200and 1st target High and is 6217 High is 2026.85 TIMKEN ROH LTD INDIA CASH ENTRY 670 88 TG1 TG1 710 94 TG2 760 TG2 102 SL 645 SL 78 ACHIVED ACHIVED ALKEM LAB 645 and Low is 602 Not Execute

HINDUSTAN UNILEVER :- STOCKS IN NEWS Unilever said it saw no merit in a proposed merger with U.S. food group Kraft Heinz Co after rejecting a $143 billion offer, saying it "fundamentally undervalues" the Anglo-Dutch consumer goods giant. Unilever said it had received an offer of $50 per share, made up of $30.23 in cash and the remainder in stock in the new group, representing a premium of 18 percent. VODAFONE :- Vodafone Group Chief Executive Vittorio Colao is also likely to brief all business heads of the Indian arm over a conference call next week about the proposed merger. "Martin Pieters has reached India to oversee proposed merger of Vodafone India with Idea Cellular. Vittorio (Colao) will brief all business heads of Vodafone India over a conference call on the merger on February 24," said a source. Vodafone declined to comment.. HDFC BANK :- HDFC Bank again reached the prescribed foreign investment limit for Indian companies, Reserve Bank of India (RBI) said on Friday, just a day after such inflows had gone below the ceiling. The threshold limit for foreign holding had gone below the prescribed percentage yesterday enabling foreign investors to buy the stock. LARSEN & TOUBRO LTD :- Infrastructure major Larsen & Toubro today said its Aerospace business unit played a critical role in ISRO's record mission of launching of 104 satellites from Sriharikota. The launch of satellites yesterday "is a special achievement for L&T, as its Aerospace business unit has been closely involved with this historic effort that helped India become the only nation to launch 104 satellites in space in single mission SBI :- Kerala based Save SBT (State Bank of Travancore) Forum on Thursday asked Union government to reconsider its decision for merger of five associate banks including SBT with SBI. Merger of SBT with SBI would adversely affect the economic development in the state as SBT has played a vital role in extending loans to agriculture, industrial and education sectors in the state CADILA HEALTHCARE- United States Food and Drug Administration (USFDA) inspected company's Moraiya facility from February 6, 2017 to February 15, 2017. At the end of the inspection no observation (483) is issued,. The stock had surged 20 per cent in the previous session as well. DR REDDY S LABORATORIES :- Drug major Dr Reddy's Laboratories today said there are no claims against the company for monetary damages after it received an unfavourable ruling in a US court regarding a patent infringement case over anti-nausea injection Aloxi. The United States District Court for the District of New Jersey issued its opinion regarding Helsinn Healthcare's patent infringement claims against Dr Reddy's proposed palonosetron product INFOSYS :- Country's second largest software services company Infosys today said it "periodically" reviews the capital allocation policy and the management will take a decision on share buyback at an "appropriate time". The statement comes at a time when Indian IT companies are under increasing pressure from investors to look at utilising large amounts of cash on their books either through share buyback or generous dividend. HDFC BANK :- HDFC Bank again reached the prescribed foreign investment limit for Indian companies, Reserve Bank of India (RBI) said on Friday, just a day after such inflows had gone below the ceiling.

IDEA 105.9 96.0 98.8 102.4 105.2 108.7 111.5 115.1 HINDALCO 183.4 174.9 178.9 181.2 185.2 187.5 191.5 193.8 NIFTY STOCKS WEEKLY PIVOT TABLE WEEK SUPPORT ZONE PIVOT RESISTANCE ZONE CLOSE SUP.3 SUP.2 SUP.1 POINT RES.1 RES.2 RES.3 NIFTY 50 8821.7 8693.0 8748.6 8785.2 8840.8 8877.4 8933.0 8969.6 SUNPHARMA 673.1 626.6 637.9 655.5 666.7 684.3 695.6 713.2 HDFCBANK 1375 1245.4 1302.9 1339.0 1396.5 1432.5 1490.0 1526.1 ICICIBANK 284.6 268.0 271.9 278.3 282.2 288.5 292.4 298.8 GAIL 512.9 489.9 494.6 503.7 508.4 517.5 522.2 531.3 CIPLA 593 567.8 574.2 583.6 590.0 599.4 605.8 615.2 TATAPOWER 84.4 80.7 81.7 83.0 84.0 85.3 86.3 87.6 BPCL 678.3 649.4 657.2 667.8 675.6 686.2 694.0 704.6 TATAMOTORS 451.5 429.5 436.0 443.7 450.2 457.9 464.4 472.1 BHARTIARTL 370 354.2 358.3 364.1 368.2 374.0 378.1 383.9 GRASIM 1039.1 1008.4 1016.8 1028.0 1036.4 1047.5 1055.9 1067.1 AUROPHARMA 664.1 642.5 650.2 657.1 664.8 671.8 679.5 686.4 AMBUJACEM 238 229.6 232.0 235.0 237.4 240.4 242.8 245.8 LUPIN 1455.1 1425.2 1435.1 1445.1 1455.0 1465.0 1474.9 1484.9 INDUSINDBK 1331.1 1278.5 1302.9 1317.0 1341.4 1355.5 1379.9 1394.0 HDFC 1404.8 1360.0 1380.1 1392.4 1412.5 1424.9 1445.0 1457.3 POWERGRID 202.4 196.5 198.0 200.2 201.7 203.9 205.4 207.6 LT 1478 1447.0 1456.0 1467.0 1476.0 1487.0 1496.0 1507.0 ZEEL 521 508.9 512.9 516.9 520.9 525.0 529.0 533.0 ACC 1462.5 1429.0 1440.6 1451.5 1463.1 1474.0 1485.6 1496.5 KOTAKBANK 796 766.2 778.1 787.1 799.0 808.0 819.9 828.9 ITC 267.8 260.0 262.0 264.9 266.9 269.8 271.8 274.7 RELIANCE 1070.7 1040.3 1049.4 1060.0 1069.1 1079.8 1088.9 1099.5 TATAMTRDVR 276.6 266.9 270.4 273.5 277.0 280.1 283.6 286.7 BOSCHLTD 21881.9 21349.5 21590.3 21736.1 21976.9 22122.7 22363.5 22509.3 ONGC 194.6 191.9 192.7 193.6 194.4 195.3 196.1 197.0 BHEL 153.5 145.7 147.6 150.6 152.5 155.4 157.3 160.3 BANKBARODA 166.2 160.5 162.5 164.3 166.3 168.2 170.2 172.0 BAJAJ-AUTO 2784.4 2718.6 2734.8 2759.6 2775.8 2800.6 2816.8 2841.6 YESBANK 1437.1 1405.2 1420.2 1428.6 1443.7 1452.1 1467.1 1475.5 TECHM 503.9 489.2 492.6 498.2 501.6 507.2 510.6 516.2 ULTRACEMCO 3708.8 3609.1 3644.3 3676.6 3711.8 3744.0 3779.2 3811.5 M&M 1317 1291.4 1301.6 1309.3 1319.6 1327.3 1337.5 1345.2 SBIN 269.5 261.0 264.3 266.9 270.3 272.9 276.2 278.8 TATASTEEL 468.2 456.8 461.7 465.0 469.9 473.2 478.1 481.4 COALINDIA 316.5 302.7 306.8 311.7 315.8 320.7 324.8 329.7 DRREDDY 2905.8 2832.2 2866.1 2885.9 2919.8 2939.7 2973.6 2993.4 NTPC 169.2 166.3 167.6 168.4 169.7 170.5 171.8 172.6 HINDUNILVR 840.3 825.4 831.5 835.9 841.9 846.3 852.4 856.8 HCLTECH 839.1 811.2 821.2 830.1 840.1 849.0 859.0 867.9 MARUTI 5979.6 5837.0 5896.0 5937.8 5996.8 6038.6 6097.6 6139.4 AXISBANK 489 466.3 476.9 482.9 493.5 499.5 510.1 516.1 ADANIPORTS 296 287.0 291.4 293.7 298.1 300.4 304.8 307.1 ASIANPAINT 960 934.8 945.2 952.6 963.0 970.4 980.8 988.2 HEROMOTOCO 3089 3006.5 3039.4 3064.2 3097.1 3121.9 3154.8 3179.6 INFY 999 968.8 980.8 989.9 1001.8 1010.9 1022.9 1032.0 TCS 2415 2312.5 2357.3 2386.1 2430.9 2459.7 2504.5 2533.3 EICHERMOT 24988.9 23859.7 24290.0 24639.4 25069.7 25419.1 25849.4 26198.8 WIPRO 474.2 461.4 467.7 471.0 477.3 480.6 486.9 490.2

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 to any person from any inadvertent error in the information contained in this report. Trade Nivesh has not independently verified all the information contained within this document. Accordingly, we cannot testify, nor make any representation or warranty, express or implied, to the accuracy, contents or data contained within this document. While Trade Nivesh endeavors to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Investment in equity & Commodity market has its own risks. We Trade Nivesh shall not be liable or responsible for any loss or damage that may arise from the use of this information.