qwertyuiopasdfghjklzxcvbnmqwerty uiopasdfghjklzxcvbnmqwertyuiopasd fghjklzxcvbnmqwertyuiopasdfghjklzx cvbnmqwertyuiopasdfghjklzxcvbnmq wertyuiopasdfghjklzxcvbnmqwertyui opasdfghjklzxcvbnmqwertyuiopasdfg hjklzxcvbnmqwertyuiopasdfghjklzxc vbnmqwertyuiopasdfghjklzxcvbnmq wertyuiopasdfghjklzxcvbnmqwertyui opasdfghjklzxcvbnmqwertyuiopasdfg NIFTY OUTLOOK hjklzxcvbnmqwertyuiopasdfghjklzxc REPORT vbnmqwertyuiopasdfghjklzxcvbnmq 02 Aug 2017 wertyuiopasdfghjklzxcvbnmqwertyui opasdfghjklzxcvbnmqwertyuiopasdfg hjklzxcvbnmrtyuiopasdfghjklzxcvbn mqwertyuiopasdfghjklzxcvbnmqwert yuiopasdfghjklzxcvbnmqwertyuiopas nd
02nd Aug 2017
NIFTY
NIFTY FUT : PIVOT : 10085
R1:10150 S1:10056
R2:10180 S2:10009
R3:10223 S3:9980
NIFTY DAILY CHART NIFTY OUTLOOK Nifty is likely to open in a marginal negative note. Momentum indicators like RSI and stochastic are indicating towards a bearish trading session. RSI is visiting a divergence formation in intraday 15- minute time frame chart. For positional traders, it is advised to book their full profit in the range 10150-10190.For intraday traders, it is advised to adopt sell on rise strategy. Strategy: Sell nifty around 10175 with a stop loss of 10210 for the target of 10000.
Name
Current Value
Change
% Chg
Open
High
Low
FTSE 100 (Aug 1)
7,423.66
51.66
0.7
7,372.00
7,440.14
7,372.00
CAC 40 (Aug 1)
5,127.03
33.26
0.65
5,116.90
5,148.49
5,087.38
DAX (Aug 1)
12,251.29
133.04
1.09
12,147.89
12,302.38
12,092.06
Nikkei 225 (Aug 2) Straits Times (Aug 2)
20,095.02
109.23
0.54
20,057.07
20,103.19
20,022.05
3,334.22
-3.98
-0.12
3,337.57
3,337.70
3,321.65
Hang Seng (Aug 2)
27,652.23
112
0.41
27,645.28
27,709.00
27,570.50
Taiwan Weighted (Aug 2)
10,502.67
65.38
0.62
10,479.26
10,517.03
10,479.26
SGX Nifty (Aug 2)
10,148.50
-8.5
-0.08
10,151.50
10,163.00
10,126.00
WWW.EQUITYRESEARCHLAB.COM
02nd Aug 2017
CORPORATE NEWS -Hero MotoCorp July total two-wheeler sales at 6.23 lakh units versus 5.32 lakh units (YoY) -Punjab National Bank board approves raising equity capital by way of FPO/Rights Issue/QIP/ESPS/ESOP to the tune of Rs 3,000 crore -Swan Energy subsidiary of the company has executed a contract agreement of Rs 459 crore for EPC for FSRU based LNG port with Black and Veatch Private Limited -Oriental Bank of Commerce - CARE revises rating on Upper Tier II bonds to A+ from AA-Cilix Capital to buy Religare Housing for about Rs 600 crore -L&T Realty, Nirmal ink pact to develop Mulund land parcel -Indo Rama may buy Tata Chemicals' Haldia unit: Mint -ABG Shipyard to face bankruptcy proceedings: Mint -Reliance Capital in focus - Reliance Nippon hires Nomura, JM Financial, CLSA to mange IPO: Mint -Max Ventures enters realty sector with 3 projects in NCR, Dehradun: Mint -Tata Steel completes sale of mills to Liberty -GSFC resumes operations at Ammonia-IV plant after rectifying the problems -BSE Limited: SEBI approves appointment of Dhirendra Swarup as chairman of board of directors -Artson Engineering wins orders worth Rs 23.4 crore to install connector fuel pipelines-NCLT pronounces commencement of a corporate insolvency resolution process, in open court against Amit Spinning
WWW.EQUITYRESEARCHLAB.COM
02nd Aug 2017
ERL RESEARCH TEAM Member Name
Designation
Mr. Tuhinanshu Jain Mr. Manish Bimal Mr. Anand Sharma Mr. Sumit Sahu
Research Head Sr. Research Analyst Research Analyst Research Analyst
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