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18th may 2016

http://equityres

View, analysis &

research

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p // q y

24th  May 2016

Nity !ips

N"#!$ %'!: (()1.0*

Nity #uture +1: ((* +2:(8-*

+): (8(-iot: ((6* %1: ((1* %2:(686

%):(6)6

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CHART INTERPRETATION

  Nifty spot close at 77310! o" Mo"#ay At hi$he% si#e&i'po%ta"t le(el 7)00*7)!0 As lo"$ as Nifty f+t+%e'a"a$es to s+stai" a,o(e this le(el o" i"t%a#ay

#ecli"es& the t%e"# -ill ,e st%o"$ a"# "ifty f+t+%e -ill t%yto+ch f+%the% hi$he% le(els f%o' this le(el At lo-e% si#e&s+ppo%t "ea% 7700 .+%the% -ea/"ess is "ifty f+t+%e ispossi,le o"ly if Nifty f+t+%e falls a"# stays ,elo- thei'po%ta"t s+ppo%t of 7700*7670 At lo-e% si#e "ifty

s+ppo%t le(el 'ay ,e i" the %a"$e of 77!0*76!0

  Mecha"ical i"#icato% stochastic RI also sho-i"$co"soli#ate# t%e"#

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INE OTOO5  N"#!$ #!+: Nity close at ((--.8* on

onay. Nity enin3 below ((*0 amiolatility, trac4in3 wea4ness in 3lobal peers,ue to sellin3 in technolo3y, oil, pharma anselect ban4in3 & 5nancial stoc4s. !hemar4et remaine choppy ater risin3 180points on the %ense in early trae. !hemar4et is 4eenly waitin3 or monsoon an

 7une #e meet as these eents may ecietren in shorttomeium term.

"N!+99$ %!+9!";$: <uy Nity uture aboe((*0 or the t3t o (800(8*0 sl (6(0.

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ECTORIA INICE

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CORPORATE NE

<ritannia=s stoc4 too4 a noseie as the company announce its>uarterly results that turne out to be lower than the streetestimates. !he company reporte Net pro5t 3rowth o 1).(? at+s. 10.2 cr while total reenue increase by (.2? at +s. 2211.-

cr on $o$ basis.

ish !V=s Net pro5t increase 1- ol at +s. -82.8 cr ue to ata write bac4 o +s. -02. cr. !otal income sur3e .*? to +s.(.) cr. !he company isappointe on operatin3 mar3in3rowth an mar3in which were below estimates.

ha%es of @A Bulti @ommoity chan3e o "niaC rallie bymore than 6? as +<" allowe oerseas inestors to trae equityshares o @A. #orei3n shareholin3 in the bourse ha allenbelow the prescribe threshol limit, ollowin3 which +<" too4this step.

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