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Daily Equity Report 12-7-2018

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Outlook of Nifty & Bank Nifty Today Nifty Outlook:-

Nifty Future SupportResistance R1/R2

11070/11190

S1/S2

10880/10800

Daily Chart:

Nifty traded sideways throughout the day on today’s trading session and closed below 10950 mark. Midcaps underperform. IT stocks were the star performers in today's trade, IT Index closed 2 percent higher led by TCS as it managing to end the session 5 percent higher.


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Daily Newsletter

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Bank Nifty Future SupportResistance R1/R2

27060/27660

S1/S2

26600/26400

Bank Nifty Outlook:Bank Nifty snaps six days of winning streak could not able to sustain on higher side and ends in red zone. Bank Nifty is facing stiff resistance i.e. of 27060 which can be seen in below charts if able to give breakouts and sustain above it than buying could be seen.

Daily Chart:

Technical Outlook Top Gainers TCS INFRATEL BAJAJ-AUTO HINDUNILVR

1,970.00 315 3,169.00 1,717.90

Top Losers UPL COALINDIA HINDALCO VEDL

602.7 265.45 220.65 218.2


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Daily Newsletter

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Stock Corner: 1. 2.

3. 4. 5.

6. 7. 8.

Bajaj Hindusthan Sugar plans to sell its entire 17.51 percent stake in the group firm Lalitpur Power Generation Company Ltd (LPGCL), estimated to be worth Rs 1,100 crore. IDBI Bank share price rallied 10 percent intraday on Wednesday on reports that there could be open offer from country's largest insurance company LIC. The rally was in addition to more than 10 percent upside in previous two consecutive sessions, taking total this week's gains to more than 21 percent. State Bank of India’s shares were trading almost 1.5 percent lower on Wednesday morning on a report of fraud at the lender worth Rs 136 crore. Shares of Axis Bank gained around a percent in the morning trade on Wednesday as investors cheered the news of possible successors to existing MD Shikha Sharma. Share price of Kridhan Infra rose 7 percent in the opening trade on Wednesday as it won an order worth Rs 74.2 crore. The company's associate company Vijay Nirman Company (VNC) has won new orders worth Rs 74.2 crore, which includes construction work at IGI Airport, Delhi. These are to be completed within 5-7 months. Tata Motors unit picked up 26% stake in freight aggregator company Truckeasy. SRF plans to set up a BOPET manufacturing line and resin plant in Thailand for $60mn. Bajaj Hindusthan to seek shareholders’ nod for sale of Lalitpur Power Generation to Bajaj Energy, a related party for Rs1.097.5cr.

Stock in ban period IDBI


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Daily Newsletter Page 4

Technical outlook of top 2 stocks ï‚· ADANIENT FUT Stock had given breakouts of its immediate trend line resistance and closed on strong note which further indicates buying in stock from current levels.

R1 R2 R3 LEVEL S1 S2 S3 All over trend

INTRADAY 130 135 140 126.25 115 110 100 Sideways to Positive

Stock Info VOLUME DAY HIGH DAY LOW

54064000 126.25 114.75

MARKET LOT SIZE

4000

VWAP

122.87


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ï‚· RELIANCE FUT Stock gains and given breakouts of its important resistance and trading at all time high, buying may seen from current levels.

INTRADAY R1 R2 R3 LEVEL S1 S2 S3 All over trends

1050 1060 1075 1040 1015 1000 985 Bullish

Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP

26716000 1039.45 1018.05 1000 1030.23


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Daily Newsletter Page 6

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Event Calendar (09 June to 14 June) 09/07/18 (Mon)

10/07/18 (tues)

11/07/18 (wed)

12/07/18 (thurs)

13/07/18 (Fri)

14/07/18 (sat)

Result DishTv

Result Indusind Bank, Prakash, TCS

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Result KTKBank

Result Infy, Bajaj corp

Result CCL Products

Daily Calls INTRADAY BASIC CALLS DATE 11/07/18 11/07/18 11/07/18

Service Cash Future Option

Stock Name RKFORGE ULTRACEMCO FUT NIITTEC 1150 CE

Entry Price 675 3940 33

Exit 681 3955 37.70

Profit/loss 2643 3000 5025

HNI CALLS DATE 11/07/18 11/07/18 11/07/18

Service Cash Future Option

Stock Name 63MOONS NIITTECH FUT KPIT 280 CE

Entry Price 77.50 1116.50 9.60

Exit 78.50 1123.50 10.40

Report by Senior Researcher : Miss Namrata Otwani

Profit/loss 9032 26250 18000


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Daily Equity Report  

Nifty traded sideways throughout the day on today’s trading session and closed below 10950 mark. Midcaps underperform. IT stocks were the st...

Daily Equity Report  

Nifty traded sideways throughout the day on today’s trading session and closed below 10950 mark. Midcaps underperform. IT stocks were the st...

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