HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PRIVATE LIMITED

HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PRIVATE LIMITED PHONE: 0731-6626191 MAIL: SUPPORT@WAYS2CAPITAL.COM ADD : 515-516, SHAGUN ARCADE,VIJAY NAGAR, INDORE, MP, 452001

Market Wrap Up INDEX CLOSING AS ON 10th Aug 18 MAJOR INDICES WEEKLY CHANGES WEEKLY % CHANGE Nifty 11429.50 68.70 0.60% Nifty 100 11707.35 58.50 0.50% Nifty 200 6075.70 27.65 0.46% Nifty 500 9724.45 38.75 0.40% Nifty VIX 12.85 0.77 6.37% Nifty Bank 28124.25 428.75 1.55% Nifty Auto 10839.45 64.15 0.60% Nifty Finance 11768.75 132.75 1.14% Nifty FMCG 31474.90 49.95 0.16% Nifty IT 14679.25 30.15 0.21% Nifty Media 2903.20 35.35 1.23% Nifty Metal 3434.75 53.90 1.59% Nifty Pharma 9138.25-362.50-3.82% Nifty PSU Banks 3250.85 11.85 0.37% Nifty PVT Bank 15942.60 321.35 2.06% Nifty Realty 272.3 1.90 0.70% CURRENCY PAIR COMMODITY CURRENCY MARKET UPDATE CURRENT CLOSING PREVIOUS CLOSING COMMODITY MARKET UPDATE CURRENT CLOSING PREVIOUS CLOSING WEEKLY % CHANGE USDINR 68.9925 68.8575 0.20% GBPINR 88.1875 89.8000-1.80% EURINR 79.2175 79.9900-0.97% JPYINR 62.2375 61.7900 0.72% EURUSD 1.1444 1.1590-1.26% GBPUSD 1.2745 1.3016-2.08% Dollar Index 96.22 94.96 1.33% WEEKLY % CHANGE Gold COMEX 1211.10 1214.20-0.26% Gold MCX 29783 29671 0.38% Crude Oil NYMEX 67.63 68.49-1.26% Crude Oil MCX 4674 4686-0.26% Brent Oil NYMEX 72.81 73.21-0.55% Copper MCX 419.60 419.05 0.13% Natural Gas NYMEX 2.944 2.853 3.19% 2 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Market at a Glance WEEKLY GAINERS SCRIP CLOSING PRICE WEEKLY % CHANGE 52 WEEK HIGH ICICIBANK 328.60 7.74% 365.70 EICHERMOT 28997.70 7.42% 33480.00 AXISBANK 615.50 7.09% 627.60 HINDALCO 222.70 5.25% 284.00 BAJFINANCE 2808.45 4.74% 2846.05 WEEKLY LOSERS SCRIP CLOSING PRICE WEEKLY % CHANGE 52 WEEK LOW LUPIN 809.45-8.65% 723.65 GAIL 362.95-6.50% 266.8 SUNPHARMA 554.00-5.44% 432.7 ADANIPORTS 379.30-5.07% 350.45 IBULHSGFIN 1324.90 3.82% 1056.5 3 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Economic Calendar ECONOMIC EVENTS CALENDER TIME CURRENY EVENT FORECAST PREVIOUS Tuesday, August 14, 2018 7:30 CNY Industrial Production (YoY) (Jul) 6.30% 6.00% 14:00 GBP Average Earnings Index +Bonus (Jun) 2.50% 2.50% 14:00 GBP Claimant Count Change (Jul) 7.8K Wednesday, August 15, 2018 All Day INR India - Independence Day Holiday 14:00 GBP CPI (YoY) (Jul) 2.50% 2.40% 18:00 USD Core Retail Sales (MoM) (Jul) 0.40% 0.40% 18:00 USD Retail Sales (MoM) (Jul) 0.20% 0.50% 20:00 USD Crude Oil Inventories 1.213M -1.351M Thursday, August 16, 2018 14:00 GBP Retail Sales (MoM) (Jul) 0.20% -0.50% 18:00 USD Building Permits (Jul) 1.305M 1.292M 18:00 USD Philadelphia Fed Manufacturing Index (Aug) 22.3 25.7 4 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4 ADANIPORTS 496.35 459.15 421.95 400.25 384.72 363.00 347.50 310.30 273.10 ASIANPAINT 1578.30 1525.35 1472.40 1444.20 1419.45 1391.25 1366.50 1313.55 1260.60 AXISBANK 753.05 703.85 654.65 635.70 605.43 586.45 556.20 507.00 457.80 BAJAJ-AUTO 2943.00 2847.00 2751.00 2690.00 2655.00 2594.00 2559.00 2463.00 2367.00 BAJAJFINSV 7735.60 7506.55 7277.50 7191.25 7048.42 6962.15 6819.35 6590.30 6361.25 BAJFINANCE 3314.65 3135.05 2955.45 2885.25 2775.83 2705.60 2596.20 2416.60 2237.00 BHARTIARTL 444.00 420.60 397.20 383.10 373.80 359.70 350.40 327.00 303.60 BPCL 458.60 437.75 416.90 408.95 396.05 388.10 375.20 354.35 333.50 CIPLA 776.70 728.70 680.70 650.90 632.70 602.90 584.70 536.70 488.70 COALINDIA 328.30 312.05 295.80 286.60 279.53 270.30 263.25 247.00 230.75 DRREDDY 2610.40 2490.45 2370.50 2296.00 2250.52 2176.00 2130.55 2010.60 1890.65 EICHERMOT 35121.30 32852.45 30583.60 29718.30 28314.72 27449.40 26045.85 23777.00 21508.15 GAIL 484.90 446.60 408.30 386.30 370.00 348.00 331.70 293.40 255.10 GRASIM 1195.55 1127.60 1059.65 1016.35 991.68 948.35 923.70 855.75 787.80 HCLTECH 1017.20 999.25 981.30 973.65 963.32 955.65 945.35 927.40 909.45 HDFC 2119.90 2072.20 2024.50 2002.25 1976.77 1954.50 1929.05 1881.35 1833.65 Continued... 5 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4 HDFCBANK 2291.95 2234.80 2177.65 2146.35 2120.48 2089.15 2063.30 2006.15 1949.00 HEROMOTOCO 3577.40 3484.80 3392.20 3348.10 3299.57 3255.45 3206.95 3114.35 3021.75 HINDALCO 275.70 257.20 238.70 230.10 220.20 211.60 201.70 183.20 164.70 HINDPETRO 344.55 325.05 305.55 295.40 286.03 275.85 266.50 247.00 227.50 HINDUNILVR 1893.55 1843.60 1793.65 1772.35 1743.68 1722.35 1693.70 1643.75 1593.80 IBULHSGFIN 1579.65 1501.65 1423.65 1372.30 1345.65 1294.30 1267.65 1189.65 1111.65 ICICIBANK 443.95 404.90 365.85 346.80 326.80 307.75 287.75 248.70 209.65 INDUSINDBK 2180.10 2116.65 2053.20 2017.20 1989.72 1953.70 1926.25 1862.80 1799.35 INFRATEL 328.50 315.80 303.10 296.65 290.40 283.95 277.70 265.00 252.30 INFY 1498.95 1457.00 1415.05 1398.65 1373.07 1356.65 1331.10 1289.15 1247.20 IOC 186.15 179.55 172.95 169.40 166.35 162.80 159.75 153.15 146.55 ITC 324.90 317.75 310.60 307.10 303.42 299.90 296.25 289.10 281.95 KOTAKBANK 1422.35 1378.45 1334.55 1311.20 1290.63 1267.25 1246.70 1202.80 1158.90 LT 1419.50 1372.70 1325.90 1296.15 1279.07 1249.30 1232.25 1185.45 1138.65 LUPIN 1115.50 1022.60 929.70 869.10 836.77 776.15 743.85 650.95 558.05 M&M 1035.65 1003.50 971.35 957.80 939.17 925.60 907.00 874.85 842.70 Continued... 6 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4 MARUTI 10376.65 9987.65 9598.65 9359.30 9209.63 8970.25 8820.60 8431.60 8042.60 NTPC 175.20 169.75 164.30 161.70 158.83 156.20 153.35 147.90 142.45 ONGC 188.55 182.20 175.85 172.45 169.50 166.10 163.15 156.80 150.45 POWERGRID 209.20 203.00 196.80 193.55 190.60 187.35 184.40 178.20 172.00 RELIANCE 1372.75 1316.40 1260.05 1232.05 1203.68 1175.65 1147.30 1090.95 1034.60 SBIN 387.60 361.70 335.80 319.25 309.87 293.30 283.95 258.05 232.15 SUNPHARMA 699.25 654.70 610.15 582.35 565.58 537.75 521.00 476.45 431.90 TATAMOTORS 290.55 278.30 266.05 258.05 253.78 245.75 241.50 229.25 217.00 TATASTEEL 680.75 644.30 607.85 591.55 571.40 555.10 534.95 498.50 462.05 TCS 2099.20 2060.75 2022.30 2007.15 1983.82 1968.65 1945.35 1906.90 1868.45 TECHM 772.90 732.25 691.60 667.80 650.93 627.10 610.25 569.60 528.95 TITAN 1044.65 1002.30 959.95 938.40 917.57 896.00 875.20 832.85 790.50 ULTRACEMCO 4823.55 4627.40 4431.25 4333.15 4235.08 4136.95 4038.90 3842.75 3646.60 UPL 740.90 708.55 676.20 656.10 643.82 623.70 611.45 579.10 546.75 VEDL 261.95 249.95 237.95 230.20 225.93 218.15 213.90 201.90 189.90 WIPRO 295.60 289.65 283.70 281.05 277.72 275.05 271.75 265.80 259.85 YESBANK 434.80 417.25 399.70 390.85 382.15 373.30 364.60 347.05 329.50 ZEEL 604.45 577.55 550.65 533.65 523.75 506.75 496.85 469.95 443.05 7 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Open Interest & price Analysis LONG BUILD-UP SHORT COVERING NIFTY OPTIONS OPEN INTEREST ANALYSIS SCRIP CHANGE IN OI (In %) PRICE CHANGE (In %) SCRIP CHANGE IN OI (In %) PRICE CHANGE (In %) BERGEPAINT 35.33% 4.05% STAR 25.35% 4.58% VOLTAS 25.34% 6.72% KTKBANK 19.04% 1.01% SUNTV 18.51% 2.46% SHORT BUILD-UP TORNTPHARM -32.39% 4.64% MARICO -18.66% 3.31% EXIDEIND -17.49% 6.60% BATAINDIA -16.44% 3.79% DCBBANK -15.94% 3.27% LONG UNWINDING SCRIP CHANGE IN OI (In %) PRICE CHANGE (In %) SCRIP CHANGE IN OI (In %) PRICE CHANGE (In %) ARVIND 62.49% -6.55% CUMMINSIND 60.32% -7.20% INDIANB 42.47% -5.32% MRF 34.05% -5.38% KPIT 28.25% -5.88% CANBK -16.12% -2.96% JETAIRWAYS -13.24% -11.97% RAMCOCEM -12.17% -2.91% - - - - - - Analysis : As per the analysis of above chart. Major Resistance Level: 11500 Major Support Levels: 11000 8 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Nifty Analysis Fundamental Outlook NIFTY WEEKLY PIVOTS Trading for the week kick-started with an upside gap as the set up on the domestic as well as global front was quite PARTICULAR LEVEL conducive for our markets. During the remaining part, index consolidated by maintaining its positive posture. In fact, there was one attempt made to clock fresh record highs at new milestone; but index came off a bit from the kissing distance of 11500 to conclude the week well above the 11400 mark. Generally, every rally has its own characteristics and we tend to see some different drivers. The only common factor that must participate apart from other sectors is the banking. This time too banking index proved its significance; but within this basket, the major contributors this time have been different. Some laggards like ICICI, Axis and SBI took the complete burden on their shoulders and before anyone could realize, have managed to clock handsome gains over the past couple of weeks. When banking contributes heavily, it not only acts like an impetus but also provides credence to the move. Hence, we still believe that further legs to this rally are likely to unfold as we move forward. Yes, after seeing a relentless move, we may see some profit taking in between; but eventually these pauses are likely to get bought into. Technical Outlook Index started the last week on positive note and continued its bullish run till end of the week, where Index seen some correction from higher levels. Friday's session was fully dominated by the bears and index showed some sharp fall from higher levels, Still index managed to gave closing on positive note on weekly basis R4 11825.55 R3 11697.05 R2 11568.55 R1 11503.90 PP 11440.05 S1 11375.40 S2 11311.55 S3 11183.05 S4 11054.55 Continued... 9 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Nifty Analysis On daily charts if it manages to trade above the levels of 11425 than further upside move can be seen in it. Major WEEKLY STRATEGY resistance are placed at 11450-11500 while down side support is placed at 11317-11234 levels. On option front, maximum Put open interest was seen at 11,000 strike while maximum Call OI was at 11,500. PARTICULAR ACTION DETAILS BUY ENTRY PRICE ABOVE 11425 TARGET 11550 STOP LOSS 11319 TECHNICAL INDICATOR ANALYSIS INDICATOR CURRENT TREND 20 Days EMA POSITIVE 50 Days EMA POSITIVE 200 Days EMA POSITIVE For this week, traders can adopt buy on lower level strategy in it and above the level of 11425. It can test the level of Rs. 11550 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 11319. RSI MACD STOCHASTIC POSITIVE POSITIVE POSITIVE Continued... 10 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Bank Nifty Analysis The Nifty Bank index opened on positive note on Monday and traded with positive movement till the last session of the week and made its new life time highs 28377.90. On Friday's trading session it showed a profit booking from higher levels. on weekly basis bank nifty give closing on positive note. Going ahead, if index manages to sustain above the levels of 28000 then it can extend its up move further till 28300-28500 levels. Bank Nifty has crucial resistance of 28,300 levels a break above which could trigger a fresh breakout, while 27,650 levels remains an important support levels for the Bank Nifty index. WEEKLY STRATEGY PARTICULAR DETAILS ACTION BUY ENTRY PRICE ABOVE 28000 TARGET 28190 STOP LOSS 27890 WEEKLY PIVOTS PARTICULAR LEVEL R4 29808.70 R3 29247.75 R2 28686.80 R1 28426.65 PP 28125.85 S1 27865.70 For this week, traders can adopt buy on lower level strategy in it and above the level of 28000. It can test the level of Rs. 28190 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 27890. S2 27564.90 S3 27003.95 S4 26443.00 11 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

TATAELEXSI( Call of the Week ) Technical Outlook Overall trend of the Stock is bullish for long term. For short-medium term stock is in correction phase. Last week stock started on negative note and traded with sideways movement throughout the week. Stock is showing good buying from lower levels on daily chart. It can show good positive move in coming weeks if it manages to trade above 1431 levels. On intraday chart it has showed a good move. WEEKLY STRATEGY PARTICULAR DETAILS ACTION BUY ENTRY PRICE ABOVE 1431.00 TARGET 1479.00 STOP LOSS 1403.00 WEEKLY PIVOTS PARTICULAR LEVEL R4 1556.70 R3 1504.25 R2 1451.80 R1 1423.65 PP 1399.35 S1 1371.20 For this week, traders can adopt buy on lower level strategy in it and above the level of 1431 it can test the level of Rs. 1479 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1403. S2 1346.90 S3 1294.45 S4 1242.00 12 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

DHFL( Call of the Week ) Technical Outlook Overall trend of the Stock is bullish for long term. For short-medium term stock is in some consolidation phase. Last week stock started on negative note and traded with bearish movement throughout the week. On daily chart it is showing good consolidation on higher levels. if it manages to trade above 624 levels than good up side move can seen in it. in intraday it showed a good positive move. WEEKLY STRATEGY PARTICULAR DETAILS ACTION BUY ENTRY PRICE ABOVE 624.00 TARGET 642.00 STOP LOSS 612.00 WEEKLY PIVOTS PARTICULAR LEVEL R4 700.85 R3 673.45 R2 646.05 R1 628.70 PP 618.65 S1 601.30 S2 591.25 For this week, traders can adopt buy on lower level strategy in it and above the level of 624 it can test the level of Rs. 642 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 612 S3 563.85 S4 536.45 13 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

TITAN FUTURES( Call of the Week ) Technical Outlook Last week, TITAN Aug Futures started the week on negative note and after that it witnessed choppy movement for the remaining part of the week. It made a high of 941.20 during the week and closed at near to the previous week s closing. Technically TITAN is in bullish trend and consolidating on higher levels with the positive technical indicators. For this week, we can expect further upside movement in it. WEEKLY STRATEGY PARTICULAR DETAILS ACTION SELL ENTRY PRICE ABOVE 928.00 TARGET 938.00 STOP LOSS 918.00 WEEKLY PIVOTS PARTICULAR LEVEL R4 1043.25 R3 1002.95 R2 962.65 R1 943.20 PP 922.35 S1 902.90 For this week, traders can adopt buy on lower levels strategy in it and above the level of 928 it can test the level of Rs. 938 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 918 S2 882.05 S3 841.75 S4 801.45 14 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

NIITTECH FUTURES ( Call of the Week ) Last week, NIITTECH Aug Futures started the week the week on positive note and after that witnessed range bound movement for the entire week. It made a high of 1316.05 during the week and closed at 1280.20 with the overall loss of 0.87% on weekly basis. Technically NIITTECH is in overall bullish trend and it witnessed almost 20% gain in last 3 weeks and currently consolidating near to the major psychological level of 1300. WEEKLY STRATEGY PARTICULAR DETAILS ACTION BUY ENTRY PRICE ABOVE 1301.00 TARGET 1341.00 STOP LOSS 1291.00 WEEKLY PIVOTS PARTICULAR LEVEL R4 1457.85 R3 1400.20 R2 1342.55 R1 1311.40 PP 1284.90 For this week, traders can adopt buy on lower levels strategy in it and above the level of 1301 it can test the level of Rs. 1341 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1291 S1 1253.75 S2 1227.25 S3 1169.60 S4 1111.95 15 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

Disclaimer LEGAL DISCLAIMER ( क न न अस व करण) : This Document has been prepared by Ways2Capital (A Division of High Brow Market Research Investment Advisor Pvt Ltd). The information, analysis and estimates contained herein are based on Ways2Capital Equity/Commodities Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only. यह दस त व ज Ways2Capital (ह ई ब र म क ट अन सध न ननव श सल हक र प र इव ट नलनमट ड क एक भ ग) द व र त य र ककय गय ह यह पर द गई ज नक र, नवश ल षण और अन म न Ways2Capital इक ट / कम नडट अन सध न क म लय कन पर आध ररत ह और नवश वसन य स र त स प र प त क गई ह यह दस त व ज क वल इनछ त प र प तकत क उपय ग क नलए ह ह This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is meant for general information only. Ways2Capital Equity/Commodities Research, its directors, officers or employees shall not in any way to be responsible for the contents stated herein. Ways2Capital Equity/Commodities Research expressly disclaims any and all liabilities that may arise from information, errors or omissions in this connection. This document is not to be considered as an offer to sell or a solicitation to buy any securities or commodities. यह दस त व ज, सव त तम र प स, Ways2Capital इक ट / कम नडट ज अन स ध न क प रनतनननधत व करत ह और स म न य ज नक र क नलए ह ह Ways2Capital इक ट / कम नडट ज अन स ध न, इसक ननद शक, अनधक र य कम च र ककस भ तरह स स ब नधत स मग र क नलए नजम म द र नह ह Ways2Capital इक ट / कम नडट ज अन स ध न ककस भ और सभ उत तरद नयत व क स पष ट र प स अस व क र करत ह ज इस स ब ध म स चन, त र रटय य च क स प द ह सकत ह इस दस त व ज क ककस भ प रनतभ नत य वस त क खर दन क नलए ब चन य एक आग रह क नलए प रस त व क र प म नह म न ज सकत ह All information, levels & recommendations provided above are given on the basis of technical & fundamental research done by the panel of expert of Ways2Capital but we do not accept any liability for errors of opinion. People surfing through the website have right to opt the product services of their own choices. उपर क त सभ स चन, स तर और स झ व, Ways2Capital क नवश षज ञ क प नल द व र ककए गए तकन क और म नलक अन सध न क आध र पर द गई ह, ल ककन हम कदए गए स झ व क त र रटय क नलए क ई द नयत व स व क र नह करत ह व बस इट क म ध यम स सर फ ग करन व ल ल ग क अपन पस द क उत प द स व ओ क च नन क अनधक र ह Any investment in Equity/commodity market bears risk, company will not be liable for any loss done on these recommendations. These levels do not necessarily indicate future price moment. Company holds the right to alter the information without any further notice. Any browsing through website means acceptance of disclaimer. इक ट / कम नडट ब ज र म क ई भ ननव श ज नखम क अध न ह त ह, क पन इन स झ व पर ककए गए ककस भ न कस न क नलए उत तरद य नह ह ग यह स तर भनवष य क क मत क गनत क स क त नह द त ह व बस इट क म ध यम स ककस भ ब र उजज ग क अथ ह अस व करण क स व क नत DISCLOSURE ( प रकट करण) : High Brow Market Research Investment Advisor Pvt. Ltd. or its associates does not do business with companies covered in research report nor is associated in any manner with any issuer of products/ securities, this ensures that there is no actual or potential conflicts of interest. To ensure compliance with the regulatory body, we have resolved that the company and all its representatives will not make any trades in the market. ह ई ब र म क ट अन स ध न ननव श सल हक र प र इव ट नलनमट ड य उसक सहय ग क पननय अन स ध न ररप ट म श नमल क पननय क स थ क र ब र नह करत ह और न ह ककस भ तरह क उत प द / प रनतभ नतय क ज र कत क स थ ज ड ह, ज यह स ननन त करत ह कक नहत क नलए क ई व स तनवक य स भ नवत स घष नह ह ननय मक ननक य क अन प लन क स ननन त करन क नलए हमन यह तय ककय ह कक क पन और उसक क ई भ प रनतनननध ब ज र म ट र ड नह कर ग Clients are advised to consider information provided in the report as opinion only & make investment decision of their own. Clients are also advised to read & understand terms & conditions of services published on website. No litigations have been filed against the company since the incorporation of the company by regulatory body. 16 Copyright 2018 Ways2Capital. All rights reserved 14/08/2018

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