MARKE T M MARKET OUTLOOK

NIFTY SENSEX BANK NIFTY

HIGH 7830 25565 16674

LOW 7777 25341 16520

CLOSE 7806 25437 16543

PIVOT 7804 25448 16579

R 1 7831 25555 16638

R 2 7857 25672 16734

S 1 7779 25330 16484

S 2 7752 25224 16424

11181

11076

11118

COMMENTSC

N NIFTY 50

NIFTY (7806) Nifty index opened negative and fell towards next crucial support of 7777 mark. However it witnessed a recovery of around 50 points from day’ slow levels but again slipped lower and closed the day near to 7800 zones. It has been making lower highs – lower lows from last three trading sessions and gave the lowest daily close of last eleven trading sessions. Earlier it was finding hurdle at 7777 and now the same levels if providing a temporary support to the index. If it manages to hold 7777 and crosses 7850 then short term bottom may place for an up move towards 7979-8000 zones while if it fails to hold 7777 and slips below 7750-7720 then next support exist at 7650 levels.

CNX IT

FIRST MORNING TECHNICAL CALL

Tuesday, May 3, 2016

11125

11174

11230

11069

11020

PIVOT TABLE

SENSEX (25437) BSE Sensex made an opening high of 25565.44 levels butfailed to sustain it due to absence of follow up buying and fell towards25341 levels. However it sustained above its 25250 levels and ended thesession with the loss of around 170 points. It fell below its support of25500 levels, thus, indicating a sense of caution in the traders. Now if itfails to hold 25250 levels a profit booking decline towards 25000 andlower levels may be seen while on the upside hurdle is at 25500 then25800 levels.

T E T E C H N I C A L S

S

&S&P BSE~SENSEX

TEC

EXECUTION PRICE RANGE

B

u

E

X

RSWM : Rs. 338EXECUTION PRICE RANGE

Buy Between Rs.330 To Rs. 333

Buy Between Rs. 260 To Rs.263

FIRST MORNING TECHNICAL CALL

Tuesday, May 3, 2016

PETRONET : Rs. 267

TECHNICAL CALLS

EXECUTION PRICE RANGE STOP LOSS

PETRONET took support at its 13 DMA and gave a consolidation

breakout. It had consolidated after witnessing a strong run from 237 to

275 levels and now it again started to move. Thus, it has formed a bullish

pattern and is hovering near its lifetime high levels. It is well placed to

give a breakout from its long consolidation of 19 weeks and head

towards 275 and also register new lifetime high levels. One can buy the

stock with the stop loss of 256 for the upside target of 275 levels.

324.00

275.00

RSWM gave a breakout after the consolidation of last fifteen trading

sessions and registered highest daily close of last seventy two trading

sessions. It has been continuously respecting its 13 DMA from last

seventeen trading sessions and has been making higher top higher

bottom from last twelve weeks. One can buy the stock with the stop loss

of 324 for the upside target of 347 levels.

256.00

TARGET

TARGET

347.00

STOP LOSS

INDICES CLOSE

SENSEX 25437

NIFTY 7806 CLOSE % SYMBOL CLOSE %

110.7 6.65 HINDALCO 98.7 2.39

98.7 2.39 GAIL 367.6 2.01

127.8 1.91 BHEL 127.7 1.83

Rs. (Cr.) YEST'DAY 70.8 1.22 AUROBINDO PHARMA769.9 1.30

BSE Cash 2818 3829.6 0.91 AMBUJA 223.8 1.27

NSE Cash 14406

Derviatives(bn) 2241

DII Equity 28 CLOSE % SYMBOL CLOSE %

FII Equity -205 227.0 -4.08 ICICI Bank 226.8 -4.30

FII F&O 1611 357.9 -1.64 ADANI PORTS & SPECIAL ECONOMIC ZONES LIMITED233.0 -2.20

1118.0 -1.37 TECH MAHINDRA 477.2 -1.84

186.4 -1.35 BHARTI 357.8 -1.60

7.4 -1.20 SBI 186.0 -1.59

EXCHANGE ADV

BSE 1263

NSE 772

CLOSE % SYMBOL CLOSE %

Shriram Transport Finance Co Ltd 1083.0 14.86 Texmaco Rail & Engineering Ltd98.8 -5.45

ADR CLOSE Eros International Media Ltd 208.1 12.64 RICOH INDIA LTD 317.0 -4.63

Infosys 18.9 Advanta Ltd 601.7 10.96 ICICI Bank Ltd 226.8 -4.30

HDFC Bank 62.8 Marksans Pharma Ltd 50.2 9.38 Atul Ltd 1728.4 -4.03

Wipro 12.2 Raymond Ltd 456.0 8.06 Vaibhav Global Ltd 299.8 -3.60

ICICI Bank 7.3 Dabur India Ltd 296.2 7.38 Nilkamal Ltd 1184.0 -3.56

Sterlite Inds. 16.4 Ramco Systems Ltd 800.5 7.31 Yamini Investment Ltd30.4 -3.49

Dr. Reddy's Lab 46.4 Castex Technologies Ltd 7.5 6.95 DCB Bank Ltd 91.1 -3.39

Vinati Organics Ltd 487.2 6.95 Sequent Scientific Ltd144.0 -3.39

SML ISUZU Ltd 1031.6 6.71 Gulf Oil Lubricants India Ltd521.5 -3.38

Vedanta Ltd 110.7 6.65 Punjab National Bank84.2 -3.22

INDICES CLOSE INDICES CLOSE % Cholamandalam Investment and Finance Co Ltd851.0 6.48 Dynamatic Technologies Ltd2075.9 -3.17

CNX Bank 16543 BSE MIDcap 11164 1.10 Inox Wind Ltd 288.7 6.20 Housing Development & Infrastructure Ltd83.4 -3.14

CNX IT 11118 BSE SmallCap 11064 0.39 JBF Industries Ltd 223.2 6.03 Neyveli Lignite Corp Ltd67.9 -2.93

CNX Reality 174 BSE 200 3316 -0.16 Magma Fincorp Ltd 96.3 5.71 Repco Home Finance Ltd620.8 -2.85

CNX FMCG 19728 132.3 5.42 Puravankara Projects Ltd51.4 -2.84

CNX Infra 2630 7.44 177.3 5.25 Emami Ltd 979.9 -2.67

CNX Pharma 11272 66.37 75.4 5.16 Bliss Gvs Pharma Ltd117.0 -2.66

BSE Auto 18499 92.85 77.9 4.71 Aarti Drugs Ltd 458.2 -2.62

BSE Metal 8040 46.96 63.5 4.35 Jammu & Kashmir Bank Ltd/The66.9 -2.62

CNX MNC 9062 1302.01 142.0 4.22 Bank of India 90.1 -2.59

BSE 500 10393 17.93 248.8 4.19 HSIL Ltd 290.0 -2.55

Nifty Midcap 3341 PE CURRENT AVG 1701.0 4.12 Jubilant Life Sciences Ltd389.4 -2.49

BSE 100 7952 NIFTY 19.7 19.7 243.6 3.97 IDFC Ltd 43.5 -2.47

311.9 3.95 DB Realty Ltd 49.7 -2.46

NIFTYSENSEX

TOP OUTPERFORMERS

HDFC Bank

SBIADVANCES & DECLINES

801 1573

1.02

0.34

-0.13

0.34

7.05

-1.50

-1.64

BSE 500

SYMBOL

-22.11

-71.10

TOP UNDERPERFORMERS

SYMBOL

TOP UNDERPERFORMERS1377 2640

% CHG

-169.65

FIRST MORNING TECHNICAL CALL

Jindal Steel

-0.56

Hindalco

% CHG

BHEL

INDIAN INDICES

-43.90

16.34

45.60

KEC International Ltd

-0.27

Silver ($)

RS/$

OTHER IMP.DATA10 Yr Gsec yield

-0.19

%

0.16

% CHG

-0.18

18.80

0.06

TOTAL

PREV.DAY

DECLINES

-1525 -205.63

$ Index

BSE NSE

-0.57

-0.05

-0.33

Brent Crude ($)

Gold ($)

-0.48

PREV.CLOSE

12.15

Gujarat State Fertilizers & Chemicals Ltd

ICICI Bank

Bharti Airtel

TURNOVER & MARKET CAP

INSTITUTIONAL ACTIVITIES-416 -106.76

121 -270.19

-0.66

CHANGE

2866

Mahindra & Mahindra Financial Services Ltd

Himatsingka Seide Ltd

Prestige Estates Projects Ltd

L&T Finance Holdings Ltd

NIFTYSENSEX

SESA Goa

SYMBOL

VST Industries Ltd

Chambal Fertilizers and Chemicals Ltd

Ashoka Buildcon Ltd

MOIL Ltd

Tuesday, May 3, 2016

-0.70

JP Asso.

Maruti

TOP OUTPERFORMERS

-0.08

SECTORAL INDICES

-3.95

62.87

INDIAN ADR's

18494

7755

-1.68

SCRIP NAME OPEN HIGH LOW CLOSE PIVOT R 2 S 1 S 2 TRENDER+

ACC 1442 1446 1416 1421 1428 1458 1409 1397 Down

AMBUJA CEMENT 221 224 219 224 222 228 220 217 UP

ADANI PORTS & SPECIAL ECONOMIC ZONE LTD237 238 232 233 234 241 230 228 Down

ASIAN PAINTS 864 868 861 865 864 871 861 857 Down

AUROBINDO PHARMA 764 774 761 770 768 781 763 755 UP

AXIS BANK 474 479 468 472 473 484 467 463 UP

BHARTI AIRTEL 363 365 356 358 360 368 355 351 Down

BHEL 125 129 124 128 127 132 125 121 Down

BHARTI INFRATEL 375 378 371 376 375 382 372 368 Flat

BAJAJ AUTO 2484 2525 2450 2478 2484 2559 2444 2409 UP

BPCL 982 988 965 970 974 997 961 952 UP

CIPLA 537 545 535 541 540 550 536 530 UP

COAL INDIA 289 289 287 289 288 291 287 286 UP

Dr.REDDY'S LABS 3081 3081 3002 3012 3032 3111 2982 2953 UP

EICHER MOTORS 19985 20150 19800 19854 19935 20285 19720 19585 Down

GAIL INDIA 360 370 357 368 365 378 360 351 Down

GRASIM INDS 4075 4100 4050 4078 4076 4126 4052 4026 Down

HCL TECH 750 756 740 742 746 762 736 730 Down

HDFC 1091 1098 1079 1092 1089 1109 1081 1070 Down

HDFC BANK 1128 1131 1115 1118 1121 1137 1112 1105 Down

HERO MOTOCORP 2893 2930 2886 2904 2907 2951 2884 2863 Down

HINDALCO 96 101 95 99 98 104 95 92 Down

HINDUSTAN UNILEVER 867 867 855 864 862 874 857 850 Down

ICICI BANK 227 231 225 227 228 233 225 222 Down

IDEA 118 120 116 118 118 121 116 114 Down

IDFC 44 44 43 44 44 45 43 42 Down

INDUSIND BANK 1043 1055 1038 1045 1046 1063 1037 1030 UP

INFOSYS 1210 1214 1196 1201 1204 1222 1193 1186 Down

ITC 323 326 319 321 322 328 319 316 Down

KOTAK MAHINDRA BANK 714 729 712 718 720 737 710 703 UP

LUPIN 1616 1627 1603 1619 1616 1640 1606 1593 UP

LARSEN & TOUBRO 1246 1256 1236 1251 1248 1268 1239 1228 Down

MAHINDRA & MAHINDRA 1319 1346 1312 1337 1331 1365 1317 1298 Down

MARUTI SUZUKI 3800 3840 3752 3831 3807 3896 3775 3719 UP

NTPC 139 140 135 139 138 143 135 132 Down

ONGC 218 221 216 218 218 223 216 213 UP

POWERGRID 143 144 142 143 143 145 142 140 Down

RELIANCE INDS 979 993 977 987 986 1001 979 970 Down

SAIL 47 48 47 47 47 48 47 46 UP

SBI 188 189 186 186 187 190 185 184 Down

SUNPHARMA 814 816 805 812 811 822 805 799 Flat

TATA STEEL 349 351 344 347 347 354 344 341 Down

TCS 2529 2530 2500 2527 2519 2549 2508 2489 UP

TECH MAHINDRA 485 485 476 477 479 489 474 470 Down

TATA POWER 70 71 69 70 70 72 69 69 Down

TATA MOTORS 408 410 395 408 404 420 398 389 Down

TATA MOTORS DVR 297 300 292 295 296 304 291 287 Down

ULTRATECH CEMENT 3171 3197 3136 3176 3170 3231 3142 3109 Down

WIPRO 551 557 545 549 550 562 544 539 Down

YES BANK 948 958 942 945 948 965 938 932 UP

ZEE ENTERTAINMENT ENTERPRISES LIMITED414 418 411 416 415 421 413 409 UP

1105 - 1085

Tuesday, May 3, 2016

FIRST MORNING TECHNICAL CALL

869 2939 - 2895

289 - 286

868

TRENDER+ OF NIFTY 50 STOCKS

1358 - 1324

227 - 221

2501 - 2426

R 1

237

814 - 802

3217 - 3156

48 - 46

187 - 184

420 - 414

1208 - 1190

409 - 394

3046 - 2967

143 - 141

481 - 472

1124 - 1108

865 - 853

229 - 223

997 - 982

4114 - 4064

749 - 733

71 - 69

139 - 134

219 - 214

44

1054

1211

325

728

1100

1127

1058 - 1042

349 - 342

2528 - 2498

103 - 97

547 - 538

732 - 715

1635 - 1611

1263 - 1243

101

323 - 317

119 - 115

44 - 43

48

994

144

220

951 - 935

141

553 - 541

1351

3863

3880 - 3791

300

3203

414 298 - 289

955

1259

1630

478

363

130

379

2519

983

545

230

290

3061

226

2928

120

1434 - 1403

776

475 - 465

373

380 - 373

870 - 863

979 - 956

752

361 - 353

236 - 229

375 - 362

4102

555

20070

419

188

71

483

2538

351

817

20002 - 19652

DAILY PROJECTED RANGE

778 - 765

131 - 126

1439

HOW TO TRADE USING THE TRENDER+

C

l

o

s

Closing price is the price at which scrip closes on the date mentioned in the report. Traders may initiate their intraday trade on this level. The stock or index should sustain above or below the pivot else you should exit the trade.

HOW TO TRADE USING THE TRENDER+

FIRST MORNING TECHNICAL CALL

Tuesday, May 3, 2016

Tel No: +91 22 4001 3700 | Fax No: +91 22 4001 3770 | Website: www.rathi.com

ANAND RATHI SHARE AND STOCK BROKERS LIMITED 4 th Floor , Silver Metropolis, Jaicoach Compound Opposite Bimbisar Nagar,Goregaon(East), Mumbai - 400063.

Ideally, for a sell position, sell at the pivot point and use R1 as a stop loss and S2 or lower levels as a target level.

IF THE TREND IS DOWN

Ideally, for a buy position, buy at the pivot point and use S1 as the stop loss for a target of levels around R2 and higher.

THE TREND AND THE DAILY PROJECTED RANGE IS BASED ON CERTAIN SIMPLE CALCULATIONS WHICH IS PROVIDED BY BLOOMBERG, EXCLUSIVELY USED BY ANAND RATHI

DAILY PROJECTED RANGE : Projected Daily high and low are indicative range for the day, if the price moves out of the range the trend in that side may accelerate and turn bullish or bearish.

TRENDER + : This is a broad based technical trend of the stock prevailant, may or may not be necessarily for the day.

CLOSING PRICES

Trend is the level at which the tendency of stocks can be identified. For best results, you can use the 'trender' to trade. A 'weak' trend denoted by “DOWN” means that traders can trade with a negative bias. If the trend is 'strong',denoted by “UP”, one can trade with a positive bias

on the long side. Base price should be the pivot point price.

IF THE TREND IS UP

TREND

Disclaimer:-Thisreport has been issued by Anand Rathi Share and Stock Brokers Limited (ARSSBL), which is regulated by SEBI. The informationherein was obtained from various sources; we do not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). ARSSBL and its affiliatesmay trade for their own accounts as market maker / jobber and/or arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. ARSSBL, its affiliates, directors, officers, and employees may have a long or short position in any securities of this issuer(s) or in related investments. ARSSBL or its affiliatesmay from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report. This research report is prepared for private circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the ppropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report.

Disclaimer:-Thisreport has been issued by Anand Rathi Share and Stock Brokers Limited (ARSSBL), which is regulated by SEBI. The informationherein was obtained from various sources; we do not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). ARSSBL and its affiliatesmay trade for their own accounts as market maker / jobber and/or arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. ARSSBL, its affiliates, directors, officers, and employees may have a long or short position in any securities of this issuer(s) or in related investments. ARSSBL or its affiliatesmay from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report. This research report is prepared for private circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the ppropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report.