equity daily report 30 march

Daily Report

Thursday, March 30 2017

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Daily Report



GLOBAL MARKETS

INDICES VALUE % change

DJIA 20669.32 -0.20

NASDAQ 5897.55 +0.38

S&P 500 2361.13 +0.11

FTSE 100 7373.72 +0.41

DAX 12203.00 +0.44

CAC 40 5069.04 +0.45

NIKKEI 19169.92 -0.26

HANG SANG 24284.10 -0.44

MARKETS AT A GLANCE INDIAN MARKETS

INDICES VALUE CHANGE % CHANGE

NIFTY 9143.80 +43.00 +0.47

SENSEX 29531.43 +121.9 +0.41

BANK NIFTY 21,391.15 +165.75 +0.78

INDIAN SECTORIAL INDICES

INDICES % change

NIFTY AUTO -0.43

NIFTY FIN SERVICE +0.88

NIFTY FMCG +0.87

NIFTY IT +0.56

NIFTY MEDIA +0.00

NIFTY METAL +0.38

NIFTY PHARMA -0.74

NIFTY PSU BANK +1.59

NIFTY PVT BANK +0.62

NIFTY REALTY -0.35

INDIAN: The market extended gains amid consolidation for second consecutive session Wednesday ahead

of expiry of March derivative contracts due tomorrow. Investors awaited final clearance to important GST

bills that presented today by Finance Minister in parliament for discussion.

EUROPE: European shares rose on Wednesday with little reaction to the well-flagged formal announcement

of Britain's intention to leave the European Union and start an uncertain two-year process of negotiation. The

pan-European STOXX 600 index rose 0.4 percent to 378.5 points, its highest closing level in nearly 16

months, consolidating a rally that has been fuelled by brightening economic prospects in the region after

years of sluggish growth

ASIAN : Japan's Nikkei share average eked out small gains in choppy trade on Wednesday, but gains were

limited as ex-dividend share price adjustments pressured the market and offset positive sentiment from

strong U.S. shares overnight.

MARKETS’ SUMMARY

Daily Report



Losers of the Day

Symbol CMP % change

HEROMOTOCO 3237.70 -2.68

SUNPHARMA 686.00 -1.80

AUROPHARMA 670.00 -1.33

GRASIM 1056.05 -0.91

TATAMTRDVR 283.30 -0.82

52 Weeks’ High

Symbol LTP Change % change

BANKINDIA 138.15 2.20 1.62

BEPL 31.85 -0.10 -0.31

BIOCON 1,147.

00 6.75 0.59

CENTURYTEX 1,047.

00 -1.45 -0.14

DHFL 367.45 0.45 0.12

52 Weeks’ Low

Symbol LTP Change % change

GALLISPAT 408.15 -3.20 -0.78

GLOBOFFS 42.80 -1.65 -3.71

INDIANCARD 193.05 -2.10 -1.08

MTEDUCARE 78.25 -0.40 -0.51

SELAN 154.90 -2.05 -1.31

Gainers of the Day

Symbol CMP % change

INFRATEL 338.00 +6.07

SBIN 288.70 +2.34

ICICIBANK 282.30 +1.91

HCLTECH 874.00 +1.64

HINDALCO 192.5 +1.53

OI Spurts

Symbol Change in OI % Change in OI

HEROMOTOCO 2,699 +23.76

VOLTAS 867 +17.84

KOTAKBANK 3,317 +17.23

ULTRACEMCO 2,524 +17.04

HDFC 6,594 +17.01

Volume Shockers

Symbol Volume

NISL 2,40,567

HATHWAY 2,06,58,491

TORNTPHARM 90,34,80 1

HAVELLS 2,01,41,362

DISHMAN 1,36,28,604

MOVERS & SHAKERS

Daily Report



SBI expects 6,000 employees to opt for VRS as it readies to merge with associates

Glenmark reports positive results from phase 3 trial of Mometasone nasal spray

Venkys circuit filter revised to 5 percent

Mahindra Lifespace' ex-date for rights issue

Mphasis' ex-date for buy back eligibility

JSW Steel - CARE affirms long term rating of AA- and reaffirms short term rating of A1+

IFCI - CARE downgrades rating from A+ to A and from A to A-

Shriram Transport Finance approved and allotted non-convertible debentures (NCDs) worth Rs 1,100 crore

Tayo Rolls board meeting on April 1 to allot non-cumulative redeemable preference shares to promoter

Yes Bank closed QIP of 3.27 crore shares at Rs 1,500 per share w.e.f. March 29

Reliance Industries completed sale of entire 76 percent stake in Gulf Africa Petroleum Corporation

Punjab & Sind Bank approved to raise funds up to Rs 1,500 crore via NCDs in FY18

Sadbhav Engineering signed EPC agreement with Sadbhav Bangalore Highway for Rs 855 crore

Sadbhav Infrastructure signed maintenance contract with Sadbhav Bangalore Highway for Rs 70 crore

Berger Paints commenced production from Assam plant

Hitech Plast commenced operations at Rohtak unit

Excel Industries approved sale of Environment & Biotech division to wholly owned subsidiary

Ujaas Energy approved sale of 100 percent stake in Ujaas Energy H

DCM Shriram inaugurated expanded capacity and upgradation of chlor alkali & captive power at Bharuch plant

Huhtamaki PPL commenced commercial production at Sikkim and Assam plant

Minda Industries successfully completed QIP of Rs 300 crore at Rs 423 per share

Deepak Nitrite says closure order of one of the three units at Hyderabad revoked by Telangana State Polluti0n

Control Board

Subros approved issue of NCDs up to Rs 150 crore

Future Lifestyle plans to raise Rs 450 crore from Marquee Investors

Alkem Labs gets establishment inspection report from USFDA for Ankleshwar plan

ICICI Bank in focus: Fairfax needs to sell 25 percent stake in ICICI Lombard to get a new permit

SAIL cuts costs by 10 percent despite rise in coal prices

PFC led lenders, PE sieze control of Kasliwals Hydel project

Balaji Telefilms says ALT Digital Media Entertainment in pact with Mobikwik for payment wallet integration

Dilip Buildcon bags 3 NHAI orders in Maharashtra; project costs at Rs 3,269 crore

DAILY NEWS

Daily Report



SCRIPS IN BAN TODAY

IFCI, JINDALSTEL, JPASSOCIAT, ORIENTBANK, TV18BRDCST

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 113832 8018.17 102107 7263.50 542658 38282.89

INDEX OPTIONS 504235 38959.32 503541 38837.28 1105113 77663.28

STOCK FUTURES 428123 29924.38 426851 29713.41 1513273 102387.78

STOCK OPTIONS 86160 6437.67 88617 6646.53 118736 8430.55

TOTAL 878.84

RBI REFERENCE RATE

INR / 1 USD 64.9552

INR / 1 EURO 70.1061

INR / 100 Jap. YEN 58.4100

INR / 1 POUND Sterling 80.4795

SGX NIFTY (9:00am)

+11.50 POINTS

MCX GOLD

-145 POINTS

USD/INR

+0.01 POINTS

Daily Report



1. BERGER PAINTS CASH (BUY)

2. SHALIMAR PAINTS CASH (BUY)

PIVOT LEVELS

S1 S2 PIVOT R1 R2

Bergerpaint had a good move yesterday and

tried to remain up even after a small downside

it closed above the immediate support. Now

237 is a strong resistance which it seems to

break. If it crosses this level it will go up again.

So we advise to buy it above 237 for targets of

243 and 253 maintain stop loss around 230

Shalimar paints had a spike of more than 15% in

the initial hours of trade yesterday than after a

small correction it again pulled back. The stock

has broken the resistance of Triangle kind of

pattern with accelerating volume, we assume it

make new high today. So buy it above 167 for

172 & 180 with stoploss of 162

PIVOT LEVELS

S1 S2 PIVOT R1 R2

TECHNICAL RECCOMENDATIONS

Daily Report



TECHNICAL VIEW : HEROMOTOCO FUTURE (BUY)

TECHNICAL VIEW : BANK INDIA FUTURE (BUY)

PIVOT LEVELS

S1 S2 PIVOT R1 R2

HEROMOTOCO FUTURE has seen lots of fluctu-

ations yesterday with a huge volume. Now it has

support of 55 EMA and 38.2% of Fibonacci on the

current low. So due to the expiry it may come

down to the support again but it seems hard to

break the it. Hence it may find a reversal from here.

So we advise you to buy it from around 3190 for

the targets of 3220 and 3260 with stop loss of 3150

BANKNIDIA FUTURE was up almost 2% yester-

day. It has broken important resistance and has

closed above it along with good volumes. It has

next resistance around 143. So you can buy it if it

sustains above 140 for the targets of 142 and 144

with strict stop loss of 137.5.

PIVOT LEVELS

S1 S2 PIVOT R1 R2

Daily Report



5. NIFTY (BUY)

6. BANK NIFTY (BUY)

PIVOT LEVELS

S1 S2 PIVOT R1 R2

NIFTY in yesterday trading session gained around

40 points. Though the range of the index is small

but it is trading with sufficient amount of volume

and signaling further upside movement. The index

has closed above the resistance of 61.8% on both

daily and intraday charts. So buy it if it sustains

above 9150 for the targets of 9210 and 9300 with

strict stop loss 9050.

Banknifty yesterday was a little volatile, it opened

up like Nifty and saw both side movement and final-

ly closed with a green candlestick. The index has

closed above the resistance of 61.8% of Fibonacci

recently. So we advise you to buy bank nifty above

21400 for the targets of 21500 and 20600 with strict

stop loss of 21250

PIVOT LEVELS

S1 S2 PIVOT R1 R2

TECHNICAL RECCOMENDATIONS

Daily Report



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 recipient 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 involved, 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 SEGMENT ENTRY TGT SL STATUS ADVISE

NIFTY INDEX 9100 9030-8050 9220 CLOSED IN LOSS SELL

BANKNIFTY INDEX 21350 21250-21100 21500 CLOSED IN LOSS SELL

DHFL CASH 370 375-380 365 NOT EXECUTED BUY

TATAMOTORS CASH 477 485-45 470 NOT EXECUTED BUY

CANARA BANK FUTURE 299 301.5-304 296 BOTH TGT HIT BUY

ADANIPORTS FUTURE 317.5 315-311.5 321 NOT EXECUTED SELL

equity daily report 30 march

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