Equity Daily report 09 aug
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Transcript of Equity Daily report 09 aug
Daily Report
Wednesday, Aug. 09, 2017
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 1
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
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
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
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
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
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
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
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