Equity Daily report 09 aug

9
Daily Report Wednesday, Aug. 09, 2017 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 1

Transcript of Equity Daily report 09 aug

Page 1: Equity Daily report 09 aug

Daily Report

Wednesday, Aug. 09, 2017

URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 1

Page 2: Equity Daily report 09 aug

Daily Report

Wednesday, Aug. 09, 2017

URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 2

GLOBAL MARKETS

INDICES VALUE % change

DJIA 22085.34 -0.15

S&P 500 2474.92 -0.24

NASDAQ 6370.46 -0.21

FTSE 100 7542.73 +0.14

DAX 12292.05 +0.28

CAC 40 5218.89 +0.21

NIKKEI 19739.88 -1.28

HENGSENG 27673.58 -0.65

MARKETS AT A GLANCE INDIAN MARKETS

INDICES VALUE CHANGE % CHANGE

NIFTY 9978.55 -78.85 -0.78

SENSEX 32014.19 -259.48 -0.80

BANKNIFTY 24599.5 -306.85 -1.23

INDIAN SECTORIAL INDICES

INDICES % change

NIFTY AUTO -0.37

NIFTY FIN SERVICE -0.96

NIFTY FMCG -1.18

NIFTY IT -0.52

NIFTY MEDIA -0.94

NIFTY METAL +1.47

NIFTY PHARMA -1.12

NIFTY PSU BANK -2.39

NIFTY PVT BANK -1.17

NIFTY REALTY -4.40

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 259.48 points at 32014.19, while the Nifty

was down 78.85 points at 9978.55. 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.

MARKETS’ SUMMARY

Page 3: Equity Daily report 09 aug

Daily Report

Wednesday, Aug. 09, 2017

URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 3

Losers of the Day

Symbol CMP % change

DRREDDY 2,089.00 -5.34

BPCL 504.50 -4.40

INFRATEL 382.30 -3.91

IOC 416.10 -3.50

COALINDIA 244.40 -2.82

52 Weeks’ High

Symbol LTP Change % change

ACC 1,816.90 -0.45 -0.02

BATAINDIA 633.40 -7.90 -1.23

DABUR 316.00 -3.45 -1.08

EICHERMOT 32,170.4

5 200.60 0.63

JETAIRWAYS 631.25 -2.65 -0.42

52 Weeks’ Low

Symbol LTP Change % change

AJANTPHARM 1,296.70 -41.35 -3.09

DRREDDY 2,089.00 -117.95 -5.34

JBFIND 175.95 -25.55 -12.68

INDIANCARD 185.00 -0.50 -0.27

ONMOBILE 61.40 -2.15 -3.38

Gainers of the Day

Symbol CMP % change

HINDALCO 235.40 3.40

VEDL 297.10 3.27

CIPLA 579.80 2.35

TATASTEEL 614.00 2.32

GAIL 385.85 1.11

OI Spurts

Symbol Change in OI % Change in OI

INFRATEL 2,141 29.86

MUTHOOTFIN 596 29.02

JINDALSTEL 2,925 23.07

MRPL 478 20.52

BAJAJ-AUTO 1,105 19.61

Volume Shockers

Symbol Volume

GAMMNINFRA 13,25,81,279

ADHUNIK 10,49,696

MAHASTEEL 12,75,316

JMFINANCIL 50,10,581

MEGH 71,29,766

MOVERS & SHAKERS

Page 4: Equity Daily report 09 aug

Daily Report

Wednesday, Aug. 09, 2017

URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 3

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 66.67 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 140.3 crore versus Rs 140.6 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)

DAILY NEWS

Page 5: Equity Daily report 09 aug

Daily Report

Wednesday, Aug. 09, 2017

URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 4

SCRIPS IN BAN TODAY

FII DERIVATIVES STATISTICS

BUY SELL OPEN INTEREST AT THE END OF THE

DAY

No. of con-

tracts

Amt in

Crores

No. of con-

tracts

Amt in

Crores No. of contracts Amt in Crores

INDEX FUTURES 19228 1556.95 24745 1974.02 277817 21221.31

INDEX OPTIONS 992954 85445.55 976318 84160.01 992515 76414.14

STOCK FUTURES 107548 8080.51 108583 8054.36 803904 56220.82

STOCK OPTIONS 106890 8725.69 106252 8656.28 111595 8325.33

TOTAL 964

RBI REFERENCE RATE

INR / 1 USD 63.7382

INR / 1 EURO 75.2876

INR / 100 Jap. YEN 57.6300

INR / 1 POUND Sterling 83.1465

SGX NIFTY (9:00am)

POINTS

MCX GOLD

POINTS

USD/INR

POINTS

HDIL

IBREALEST

INDIACEM

JINDALSTEL

JPASSOCIAT

JSWENERGY

KSCL

WOCKPHARMA

Page 6: Equity Daily report 09 aug

Daily Report

Wednesday, Aug. 09, 2017

URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 5

1. HCC FUTURE (BUY)

2. IGL FUTURE (BUY)

PIVOT LEVELS

R2 R PIVOT S1 S2

41 39 38 36 34

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 37.7

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

PIVOT LEVELS

R2 R1 PIVOT S1 S2

1271 1248 1209 1186 1148

TECHNICAL RECOMMENDATIONS

Page 7: Equity Daily report 09 aug

Daily Report

Wednesday, Aug. 09, 2017

URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 6

TECHNICAL VIEW : JAMNA AUTO CASH (BUY)

TECHNICAL VIEW : JUBILANT FOODWORKS LTD. CASH (BUY)

PIVOT LEVELS

R2 R1 PIVOT S1 S2

308 296 281 269 253

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

JUBILANT FOODWORKS saw a good momentum

yesterday with heavy volumes and closed around

6% above the previous close with a green candle-

stick to signalize the continuation of uptrend. So

we advise you to buy it around 1330 for 1400 and

1500 with strict SL of 1230

PIVOT LEVELS

R2 R1 PIVOT S1 S2

1401 1368 1313 1280 1225

TECHNICAL RECOMMENDATIONS

Page 8: Equity Daily report 09 aug

Daily Report

Wednesday, Aug. 09, 2017

URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 7

3. NIFTY FUTURE (BUY)

4. BANK NIFTY FUTURE (SELL)

PIVOT LEVELS

R2 R1 PIVOT S1 S2

10167 10083 10021 9937 9875

Nifty in yesterday trading session saw correc-

tion 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

10000 and 10100 with strict stop loss of 9900

BANKNIFTY FUTURE in yesterday trading ses-

sion 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 24570 for the targets

of 24450 and 24300 with strict stop loss 24800

PIVOT LEVELS

R2 R1 PIVOT S1 S2

25206 24950 24764 24507 24321

TECHNICAL RECOMMENDATIONS

Page 9: Equity Daily report 09 aug

Daily Report

Wednesday, Aug. 09, 2017

URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 8

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 recip-

ient 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 in-

volved, 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.

PREVIOUS DAY’S PERFORMANCE

CALL SEG-

MENT ADVISE ENTRY TGT SL STATUS

NIFTY INDEX BUY 10100 10150-10200 10018 NO PROFIT NO LOSS

BANKNIFTY INDEX BUY 24950 25100-25250 25720 PROFIT BOOKED

REPCO HOME FUTURE BUY 776 788-800 768 NOT EXECUTED

CENTURYTEX FUTURE BUY 1235 1245-1260 1222 BOTH TGT HIT

MAHAMAYA

STEEL CASH BUY 80 82.5-86 77.5 BOTH TGT HIT

TRIVENI

ENGEERING CASH BUY 100 103-107 97 BOTH TGT