market lens€¦ · dr. reddy’s lab (adr) 33.6 0.1 0.2% -1.2% -10.5% tata motors (adr) 26.8 (0.0)...

NIFTY 10227 IN FOCUS

Support 10180

10130

Resistance 10300

10350

Stock in Focus FEDERAL BANK

Positional Pick JUBLFOOD

Intraday Pick TECHM

Intraday Pick TATACHEM

Institutional Equity Research

MARKET LENS

March 12, 2018

1

Exchange Rs Crore

BSE Equity 3,211.8

BSE Derivatives 0.13

NSE Equity 25,974.8

NSE Derivatives 4,81,492.4

Indices Absolute Change Percentage Change

Domestic Last Trade Change 1-D 1-Mth YTD

BSE Sensex 33,307.1 (44.4) -0.1% -2.9% -2.2%

CNX Nifty 10,226.9 (15.8) -0.2% -3.0% -2.9%

S&P CNX 500 8,986.4 (14.3) -0.2% -3.9% -5.3%

SENSEX 50 10,683.8 (13.6) -0.1% -2.8% -2.7%

International Last Trade Change 1-D 1-Mth YTD

DJIA 25,335.7 440.5 1.7% 3.0% 2.5%

NASDAQ 7,560.8 132.9 1.8% 8.3% 9.5%

NIKKEI 21,849.5 380.3 1.7% 2.2% -4.0%

HANGSENG 31,415.7 419.5 1.3% 6.6% 5.0%

MSCI Emerging Mkts 1,207.2 12.0 1.0% 4.7% 4.2%

Last Trade Change 1-D 1-Mth YTD

Dr. Reddy’s Lab (ADR) 33.6 0.1 0.2% -1.2% -10.5%

Tata Motors (ADR) 26.8 (0.0) -0.1% -6.6% -19.0%

Infosys (ADR) 18.2 0.1 0.7% 3.1% 12.0%

ICICI Bank (ADR) 9.2 0.0 0.1% -9.8% -5.3%

HDFC Bank (ADR) 96.4 0.8 0.9% -5.0% -5.2%

Axis Bank (GDR) 38.9 (0.9) -2.3% -10.5% -11.1%

Reliance Ind (GDR) 28.1 0.3 1.1% -0.7% -1.8%

ADRs / GDRs

Key Commodities Last Trade Change 1-D 1-Mth YTD

Brent Crude ($/bl) 65.8 0.3 0.4% 5.1% -1.6%

Silver ($/Oz) 16.6 (0.0) 0.0% 0.2% -2.1%

Gold ($/Oz) 1,323.6 (0.4) 0.0% 0.1% 1.6%

Copper LME ($/MT) 6,937.5 137.8 2.0% 3.4% -3.7%

Aluminium LME ($/MT) 2,099.8 14.3 0.7% -1.0% -6.9%

Baltic Dry 1,201.0 4.0 0.3% 6.9% -12.1%

COMMODITY MARKET


USD/INR 65.2 65.1 0.0% 1.2% 2.0%

EUR/INR 80.2 80.6 -0.5% 1.6% 4.7%

CURRENCY RATES


T-Bill - 91 D 6.2 6.2 -0.2% -2.2% 0.5%

10 Year G-sec Yield 7.7 7.7 0.2% 2.4% 4.7%

RATES

Category BUY SELL NET Prev

FII 4,514.2 3,963.8 550.4 (364.8)

DII 2,865.9 2,930.9 (65.0) 675.3

INVESTMENT ACTIVITY (RS. CR)

EXCHANGE TURNOVER

JUBLFOOD (PREVIOUS CLOSE: 2060) BUYFresh long position can be initiated in the range of Rs2050-2020 for the target of Rs2300 with a strict stop loss of Rs1955.

Positional Pick

STOCK IN FOCUS

EQUITY INDICES

Intraday Picks

f Federal Bank closed 1% higher as compared to decline of 0.2% in benchmark NIFTY.

f The Bank is expected to deliver further improvement in operational performance led by improving loan book growth and improving assets liability mix. Advances grew by 5.3% QoQ to Rs850bn in 3QFY18, as SME, Wholesale and Retail (including Agri) book grew by 13.3%, 4.4% and 6.85% QoQrespectively.

f Further, continued moderation in SMA-2 balance clearly suggests fresh slippage will show declining trend in FY19. Notably, the Bank is gradually coming out of the scenario marked with higher provisioning and continued stress on asset quality for last few quarters. Management expects credit cost to remain in comfortable level of 60-70bps in FY19.

f Looking ahead, we expect the strong traction in earnings to continue owing to robust growth in loan book, moderate credit cost and healthy margins.

f We expect the Bank’s earnings to witness 33% CAGR through FY17-20E and reiterate our BUY recommendation on the stock with an Target Price of Rs150 based on 2.3x FY19E Adjusted book value.

TECHM (PREVIOUS CLOSE: 619) BUYFor today’s trade, long position can be initiated in the range of Rs616-613 for the target of Rs628-635 with a strict stop loss of Rs606.

TATACHEM (PREVIOUS CLOSE: 687) SELLFor today’s trade, short position can be initiated in the range of Rs690-694 for the target of Rs673-667 with a strict stop loss of Rs701.


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

2

MARKET SYNOPSIS

f On Friday, NSE-NIFTY tried to surpass the psychological hurdle of 10,300 level after a firm start, but that efforts turned futile as the index surrendered intraday gain in the late trades and finally, closed the session near the day’s low of 10,212 mark, with the loss of 16 points.

f NSE Cash segment reported turnover of Rs25,975 crore as compared to Rs30,327 crore earlier.

f Overall market breadth remained negative, where 689 stocks advanced against 1100 declined stocks.

f Mixed trend was observed across all the sectoral indices during the day, where none of the sectoral indices has reported gain of more than 0.5%. However Metal and PSU Bank indices emerged as top losers with the decrease of 1.8% each.

NSE-NIFTY OUTLOOK

f NSE-NIFTY remained in pressure during the week, wherein the index gained once out of five trading sessions and reported fall of 2.2%. On the weekly chart, NIFTY has formed Bearish Belt Hold Pattern and closed below its 20-week moving average for the first time since 13th January, 2017, signaling further weakness in the index. On the lower side, major support is placed at the psychological level-10,000 for the index, which is also coinciding with its 50-week EMA. As mentioned earlier, our negative view will remain intact on NIFTY, where a pullback cannot be ruled out before the index resumes its southward journey. On the higher, NIFTY will face hurdles at 10,350 and then at 10,500 levels.

f As for the day, support is placed at around 10,180 and then at 10,130 levels, while resistance is observed at 10,300 and then at 10,350 levels.

Technical Research


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

3

f Jubilant Foodworks witnessed sharp decline from its life-time-high of Rs2,331 amidst higher level profit booking and later the stock reversed after taking support of its 50-day moving averages and rose to 6-week closing high.

f Due to recent turnaround in the stock, the major technical indicators turned bullish.

f As per the current daily set-up, we believe that the stock will soon resume its northward journey and will revisit its life-time-high.

f In case of decline, its 50-day moving averages will continue to work as key reversal point for the stock.

f Fresh long position can be initiated only in the range of Rs2050-2020 for the target of Rs2300 with a stop loss of Rs1955.

Technical Research

Positional Pick: Jubilant Foodworks PREV.CLOSE: 2060| RECO: BUY| IN: 2050-2020 RANGE| TARGET: 2300| STOP LOSS: 1955


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

4

f Nifty opened higher on back of global cues but failed to cross the resistance levels of 10,300 and saw some profit booking in the second half to close near the day’s low. Nifty closed down by 16 points at 10,226 levels. Among the nifty stocks 22 stocks advanced and 28 declined during the day.

f Sectorally, it was a mixed bag with some recovery in IT, FMCG and Media to gain by 0.5%, 0.3% and 0.5% respectively while PSU Banks, Metals and Pharma declined by 1.5% average.

f Broader market indices remained under pressure with NIFTY 100,200 and 500 to close down by 0.2% average while midcap indices and small cap indices declined by 0.6% and by 0.2% respectively.

f Nifty March futures ends with 10 point discount at 10,216 mark, while on other hand, Bank Nifty March futures ended with the premium of 17 points at 24,313 mark.

f Nifty has seen some resistance from 10,300 levels and crossover of it will witness some positive momentum in broader markets. Nifty 10,000 PE has seen fresh addition of 4 lakhs shares moving the OI higher to 55 lakhs and it will act as strong support.

Sectoral Activity: Amongst sectoral index, FMCG and Media remained in focus with positive momentum.

Stock Activity: Kajaria and TV18 Broadcast have observed some amount of long build up in today’s trade.

Derivatives Snapshot

TOP 5 PRICE GAINERS

Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance

PAGE INDUSTRIES LTD 21504.55 4.23% 49.03% -4.14% 20846 21298 21956

KAJARIA CERAMICS LTD 570.70 3.10% 53.40% -8.86% 556 564 579

TV18 BROADCAST LIMITED 62.80 2.70% 26.99% 1.83% 61 62 64

JUBILANT FOODWORKS LTD 2060.30 2.48% 175.34% 3.64% 2020 2050 2090

BAJAJ FINSERV LTD. 4966.25 2.09% 13.17% -1.04% 4878 4934 5023

TOP 5 PRICE LOSERS


RELIANCE COMMUNICATIONS L 22.70 -9.56% 2.43% 14.50% 21 23 25

ADANI ENTERPRISES LIMITED 156.10 -7.61% -21.40% 9.00% 150 160 166

STEEL AUTHORITY OF INDIA 69.50 -6.46% 98.82% 10.30% 67 71 74

CANARA BANK 235.45 -6.25% -23.02% 1.68% 229 240 246

IDBI BANK LIMITED 70.70 -5.48% -31.93% -10.27% 68 72 75

TOP 5 OI GAINERS


TORRENT PHARMACEUTICALS L 1329.80 0.91% -2.76% 51.21% 1316 1324 1339

BEML LIMITED 1110.55 -2.35% 85.90% 22.29% 1081 1116 1145

PTC INDIA LIMITED 90.20 -1.31% -19.92% 21.17% 89 91 92

BALRAMPUR CHINI MILLS LTD 85.10 -5.39% 49.30% 17.02% 83 87 89

MAX FINANCIAL SERV LTD 475.05 -1.11% 102.76% 16.65% 470 478 483

TOP 5 OI LOSERS


BHARTI INFRATEL LTD. 333.15 0.59% -45.33% -19.47% 329 333 338

FEDERAL BANK LTD 94.00 1.02% 62.49% -15.36% 93 94 95

V-GUARD IND LTD. 230.85 -0.06% -16.25% -11.94% 229 231 234

IDBI BANK LIMITED 70.70 -5.48% -31.93% -10.27% 68 72 75

PVR LIMITED 1320.95 1.21% -19.01% -9.50% 1301 1319 1339


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

5

TOP 5 “RISE IN % DEL CHG”

Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance

JUBILANT FOODWORKS LTD 2060.30 2.48% 175.34% 546.33% 2020 2050 2090

COLGATE PALMOLIVE LTD. 1037.65 0.06% 77.27% 268.16% 1032 1042 1048

SRF LTD 1853.35 0.22% 55.77% 256.50% 1830 1848 1871

UJJIVAN FIN. SERVC. LTD. 341.20 -0.55% 106.47% 197.98% 338 343 347

ASHOK LEYLAND LTD 147.00 1.98% 94.55% 190.89% 145 146 148

TOP 5 “DECLINE IN % DEL CHG”

Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance

ORACLE FIN SERV SOFT LTD. 3892.10 0.53% -93.64% -96.54% 3862 3884 3913

TATA MOTORS DVR ‘A’ ORD 192.75 -1.10% -80.15% -84.86% 191 194 195

MRPL 115.65 -1.36% -73.59% -84.39% 115 116 117

TATA GLOBAL BEVERAGES LTD 268.35 -1.85% -66.69% -82.50% 265 270 274

HCL TECHNOLOGIES LTD 943.00 -0.80% -74.28% -81.01% 937 946 953

SECTORAL ACTIVITY

Value Average of OI Average of Price Total Average of

Total OI Change % Change % Volume Volume Change %

Consumer Discretionary 673985095 0.7% 0.0% 93906818 -6.9%

Consumer Staples 211611900 2.7% -0.2% 23274881 10.6%

Energy 253602500 1.8% -0.8% 29720650 -4.8%

Financials 2178989482 1.6% -0.8% 291777148 -6.5%

Health Care 245918644 3.9% -0.9% 30244107 -16.3%

Industrials 250651975 4.7% -1.4% 46426795 -2.4%

Information Technology 148517050 0.4% 0.0% 15177592 -40.7%

Materials 1527368387 2.9% -1.5% 210272350 -1.6%

Telecommunication Services 433860200 -0.1% -1.8% 123992087 -28.0%

Utilities 957867900 2.5% -1.5% 74778975 -12.6%

Grand Total 6882373133 2.0% -0.7% 939571403 -8.4%

Derivatives Snapshot


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

6

Pivot TableName LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 Nifty 50 10226.9 10160.4 10193.6 10245.2 10278.4 10330.0

NIFTY100 LowVol30 7968.0 7920.8 7944.4 7981.7 8005.3 8042.6

Nifty GS Compsite 1717.3 1710.8 1714.0 1717.4 1720.6 1724.0

ADANI PORT & SEZ LTD 377.9 361.9 369.9 381.8 389.8 401.6

AMBUJA CEMENTS LTD 235.4 232.1 233.8 235.9 237.5 239.6

ASIAN PAINTS LIMITED 1129.1 1115.6 1122.3 1131.2 1137.9 1146.8

AUROBINDO PHARMA LTD 592.5 580.4 586.4 595.3 601.4 610.3

AXIS BANK LIMITED 505.4 490.8 498.1 510.3 517.6 529.9

BAJAJ AUTO LIMITED 2935.4 2891.4 2913.4 2940.2 2962.2 2988.9

BAJAJ FINANCE LIMITED 1654.2 1595.2 1624.7 1646.0 1675.5 1696.7

BHARTI AIRTEL LIMITED 402.2 391.8 397.0 402.7 407.9 413.7

BOSCH LIMITED 18203.6 17951.5 18077.5 18166.3 18292.3 18381.1

BHARAT PETROLEUM CORP LT 439.4 433.9 436.6 440.8 443.5 447.7

CIPLA LTD 571.1 557.6 564.3 574.8 581.5 591.9

COAL INDIA LTD 304.1 299.2 301.6 304.6 307.0 310.0

DR. REDDY’S LABORATORIES 2129.9 2048.1 2089.0 2135.9 2176.8 2223.7

EICHER MOTORS LTD 27963.9 27491.9 27727.9 27896.4 28132.4 28301.0

GAIL (INDIA) LTD 436.9 430.8 433.9 438.3 441.3 445.7

HCL TECHNOLOGIES LTD 943.0 930.4 936.7 946.3 952.6 962.1

HDFC LTD 1818.6 1784.7 1801.6 1818.0 1834.9 1851.3

HDFC BANK LTD 1851.1 1832.2 1841.6 1853.4 1862.9 1874.7

HERO MOTOCORP LIMITED 3586.4 3529.2 3557.8 3609.6 3638.2 3690.1

HINDALCO INDUSTRIES LTD 220.2 215.1 217.7 221.9 224.5 228.7

HINDUSTAN PETROLEUM CORP 357.1 350.4 353.7 359.1 362.4 367.8

HINDUSTAN UNILEVER LTD. 1300.8 1279.7 1290.2 1296.6 1307.1 1313.5

INDIABULLS HSG FIN LTD 1199.2 1183.1 1191.1 1203.1 1211.1 1223.1

ICICI BANK LTD. 292.7 285.5 289.1 294.3 297.9 303.1

INDUSIND BANK LIMITED 1697.6 1673.7 1685.6 1696.9 1708.8 1720.1

BHARTI INFRATEL LTD. 333.2 324.1 328.6 333.4 337.9 342.6

INFOSYS LIMITED 1163.4 1151.2 1157.3 1161.7 1167.8 1172.1

INDIAN OIL CORP LTD 385.5 378.3 381.9 384.2 387.8 390.1

ITC LTD 259.3 256.8 258.0 259.5 260.7 262.1

KOTAK MAHINDRA BANK LTD 1082.5 1068.4 1075.4 1083.7 1090.7 1098.9

LARSEN & TOUBRO LTD. 1290.5 1272.8 1281.7 1288.9 1297.7 1304.9

LUPIN LIMITED 764.5 750.2 757.3 769.2 776.3 788.2

MAHINDRA & MAHINDRA LTD 728.5 714.3 721.4 730.6 737.7 746.8

MARUTI SUZUKI INDIA LTD. 8660.6 8570.9 8615.7 8694.9 8739.7 8818.9

NTPC LTD 164.4 161.3 162.9 164.1 165.6 166.8

OIL AND NATURAL GAS CORP. 179.9 177.3 178.6 180.8 182.1 184.2

POWER GRID CORP. LTD. 192.9 189.6 191.3 193.5 195.1 197.3

RELIANCE INDUSTRIES LTD 913.1 906.2 909.7 914.5 918.0 922.8

STATE BANK OF INDIA 253.3 248.4 250.8 254.1 256.6 259.9

SUN PHARMACEUTICAL IND L 506.8 495.7 501.2 510.6 516.1 525.5

TATA MOTORS LIMITED 341.5 334.9 338.2 343.5 346.8 352.0

TATA STEEL LIMITED 606.8 573.1 589.9 618.3 635.2 663.6

TATA CONSULTANCY SERV LT 3034.1 2938.8 2986.5 3024.8 3072.5 3110.8

TECH MAHINDRA LIMITED 619.2 599.7 609.4 616.3 626.0 632.9

ULTRATECH CEMENT LIMITED 4079.9 4006.2 4043.0 4088.8 4125.6 4171.4

UPL LIMITED 712.2 700.7 706.4 714.5 720.2 728.2

VEDANTA LIMITED 304.2 293.9 299.0 307.7 312.9 321.6


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

7

Scrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK

NIFTY 10226.9 10420.0 10605.7 10452.5 10139.5 11171.6 8904.0BANK NIFTY 24296.5 25070.0 25756.5 25513.8 24777.9 27652.1 20648.8SENSEX 50 10683.8 10876.7 11067.8 10896.6 10547.3 11604.8 9217.4ACC 1531.9 1625.7 1707.9 1726.0 1717.5 1870.0 1380.4ADANIPORTS 377.9 401.2 412.7 410.6 395.4 452.4 304.1AMBUJACEM 235.4 252.8 262.0 266.6 264.3 291.5 227.0ASIANPAINT 1129.1 1121.7 1145.6 1152.2 1154.9 1262.0 1031.9AUROPHARMA 592.5 597.5 630.3 674.0 683.8 809.5 503.1AXISBANK 505.4 535.8 559.5 544.6 526.9 627.6 447.5BAJAJ-AUTO 2935.4 3025.7 3165.4 3202.3 3042.6 3468.4 2694.5BANKBARODA 131.6 146.0 155.5 161.7 158.6 206.7 128.6BHARTIARTL 402.2 420.3 461.3 483.1 439.5 564.8 325.8BHEL 86.2 91.9 96.3 93.8 92.0 121.8 80.9BOSCHLTD 18203.6 18958.7 19453.4 19841.1 21414.2 25240.0 17710.0BPCL 439.4 448.6 472.9 493.9 486.9 551.6 399.3CIPLA 571.1 595.8 601.2 604.4 580.8 663.4 480.2COALINDIA 304.1 307.1 296.3 286.5 271.0 317.0 233.7DRREDDY 2129.9 2181.1 2301.2 2315.7 2366.6 2787.0 1901.2EICHERMOT 27963.9 27513.5 27931.3 29201.5 29579.0 33480.0 23565.6GAIL 436.9 457.5 473.7 470.4 429.4 519.5 346.7GRASIM 1100.4 1125.5 1158.9 1168.2 1123.5 1300.0 836.2HCLTECH 943.0 940.5 941.0 905.5 887.9 1040.7 796.2HDFC 1818.6 1809.5 1812.1 1760.7 1727.6 1986.1 1413.3HDFCBANK 1851.1 1870.4 1893.8 1865.9 1799.5 2015.0 1404.1HEROMOTOCO 3586.4 3545.5 3622.7 3643.5 3723.5 4092.0 3175.0HINDALCO 220.2 239.9 253.8 255.6 238.1 284.0 179.4HINDUNILVR 1300.8 1325.8 1347.8 1314.5 1236.4 1410.0 879.1ICICIBANK 292.7 314.7 324.7 315.4 303.2 365.7 240.5IDEA 78.9 82.6 93.1 94.5 89.1 123.5 71.5INDUSINDBK 1697.6 1670.8 1685.2 1670.6 1637.1 1817.8 1345.3INFRATEL 333.2 336.9 350.5 375.2 382.8 482.8 303.7INFY 1163.4 1140.6 1116.1 1043.7 993.9 1221.1 860.0ITC 259.3 265.2 268.0 265.0 278.4 367.7 250.0KOTAKBANK 1082.5 1069.4 1053.3 1038.0 1013.7 1131.0 832.0LT 1290.5 1313.4 1333.3 1272.5 1217.4 1470.0 1011.3LUPIN 764.5 806.7 860.7 879.0 969.5 1498.0 750.2M&M 728.5 731.5 747.9 725.9 702.3 802.6 612.0MARUTI 8660.6 8830.4 9165.1 8847.0 8215.8 9996.4 5929.4NTPC 164.4 163.5 169.2 174.2 170.0 188.0 153.2ONGC 179.9 186.8 193.2 188.0 176.7 212.9 155.2POWERGRID 192.9 195.1 196.5 201.9 207.1 226.6 189.0RELIANCE 913.1 924.3 929.6 925.1 845.2 991.0 616.7SBIN 253.3 271.1 292.2 302.5 291.5 351.3 241.2SUNPHARMA 506.8 551.9 565.9 549.4 536.2 729.1 432.7TATAMOTORS 341.5 363.9 395.3 408.2 418.2 488.3 340.2TATAPOWER 80.0 84.5 89.8 88.8 84.8 101.8 75.8TATASTEEL 606.8 666.5 691.2 676.4 615.3 747.9 403.4TCS 3034.1 3004.1 2935.5 2787.4 2632.6 3259.1 2252.8TECHM 619.2 604.6 578.1 531.4 472.8 634.9 356.7ULTRACEMCO 4079.9 4142.0 4260.5 4266.9 4165.3 4599.9 3773.3WIPRO 285.1 290.2 303.8 299.0 289.1 334.0 241.5YESBANK 303.3 318.3 330.7 323.9 327.4 382.9 275.3ZEEL 568.5 570.4 582.6 566.0 543.3 619.0 458.1

Simple Moving Average


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

8

Bulk Deals SnapshotDeal Date Scrip Code Company Client Name Deal Type* Quantity Price 3/9/2018 540615 7NR SANGHVI BELA SAMIR B 112,000 27.8

3/9/2018 540615 7NR MANISH BHAVANJI BHEDA S 124,000 27.8

3/9/2018 540615 7NR MANISH BHAVANJI BHEDA B 12,000 28.1

3/9/2018 540697 AMFL VIVIDOFFSET PRINTERS PRIVATELIMITED B 48,000 12.3

3/9/2018 540697 AMFL SHERWOOD SECURITIES PVT LTD S 48,000 12.3

3/9/2018 540697 AMFL SHERWOOD SECURITIES PVT LTD B 8,000 12.2

3/9/2018 541006 ANGEL HASMUKHBHAI CHUNILAL PARMAR B 224,000 27.4

3/9/2018 538716 ARYACAPM NAMRATA SAJANKUMAR BAJAJ S 75,000 28.1

3/9/2018 538716 ARYACAPM SHRI RAVINDRA MEDIA VENTURES PRIVATE LIMITED B 75,000 28.1

3/9/2018 539884 DARSHANORNA VIVIDOFFSET PRINTERS PRIVATELIMITED B 28,000 101.6

3/9/2018 533176 DQE N G INDUSTRIES LTD S 500,000 13.3

3/9/2018 533176 DQE GANPATI DEALCOM PVT LTD S 1,000,000 13.2

3/9/2018 533176 DQE ASHOK KUMAR GOENKA B 800,000 13.3

3/9/2018 533176 DQE GOENKA SECURITIES PVT LTD B 800,000 13.2

3/9/2018 524743 FISCHER SURESH SABANNA ITKAL B 900 12.5

3/9/2018 524743 FISCHER OMKAR ASHOK SHINDE S 1,000 12.6

3/9/2018 540936 GGL LINKUP FINANCIAL CONSULTANTS PRIVATE LIMITED B 63,000 62.5

3/9/2018 539224 HCKKVENTURE HARISH VEERAPPA KANCHAN B 71,000 44.9

3/9/2018 539224 HCKKVENTURE DHANANJAY P PATHAK S 71,000 44.9

3/9/2018 539679 KAPILRAJ AJAY DHIRAJLAL NATHWANI S 60,319 19.2

3/9/2018 539679 KAPILRAJ AJAY DHIRAJLAL NATHWANI B 60,319 19.2

3/9/2018 539679 KAPILRAJ JAY KAMLESHBHAI BHAVSAR S 50,000 19.2

3/9/2018 540953 KENVI AMRAPALI CAPITAL AND FINANCE SERVICES LIMITED S 39,000 20.0

3/9/2018 540953 KENVI VIVIDOFFSET PRINTERS PRIVATELIMITED B 27,000 20.0

3/9/2018 540937 MEDICO NAMRATA SAJANKUMAR BAJAJ B 21,600 97.8

3/9/2018 540937 MEDICO ARYAMAN BROKING LIMITED S 21,600 97.8

3/9/2018 540937 MEDICO ARYAMAN BROKING LIMITED B 1,200 97.0

3/9/2018 539595 NATECO VIJAY JAYANTIBHAI PRAJAPATI S 5,500 90.9

3/9/2018 539595 NATECO VIJAY JAYANTIBHAI PRAJAPATI B 15,500 90.9

3/9/2018 539311 NFIL NEERAJ RAJENDRAKUMAR AGRAWAL S 79,395 14.4

3/9/2018 538547 OASIS KRUTI KEVIN KAPADIA S 66,155 107.9

3/9/2018 538547 OASIS KRUTI KEVIN KAPADIA B 66,155 107.7

3/9/2018 500337 PRIMESECU CHETAN SHAH S 245,000 43.8

3/9/2018 540796 RATNABHUMI MUKESH BABULAL SHAH B 100,000 34.2

3/9/2018 540796 RATNABHUMI TIA ENTERPRISES PRIVATE LIMITED S 100,000 34.2

3/9/2018 540715 SAGAR CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED S 216,000 23.1

3/9/2018 540715 SAGAR UNICON TIE UP PRIVATE LIMITED B 213,000 23.1

3/9/2018 513436 SHAHALLOYS ANAND MOHAN B 100,000 35.6

3/9/2018 538496 TARINI NEERAJ YADAV S 138,000 36.5

3/9/2018 513063 TRANSFRE SHPL ENTERPRISES B 48,466 22.3

3/9/2018 513063 TRANSFRE AJAY HANUMAN PRASAD KHEMKA S 55,000 22.3

3/9/2018 511730 TRCFIN SEEMA YOGESH ASHER B 30,100 16.9

3/9/2018 511730 TRCFIN SHAILESH GHISULAL HINGARH S 98,653 16.6

3/9/2018 539402 VAL ROOPSHRI FINVEST PVT LTD S 136,000 19.3

3/9/2018 539402 VAL SAJANKUMAR RAMESHWARLAL BAJAJ B 64,000 19.3

3/9/2018 539402 VAL SHRI RAVINDRA MEDIA VENTURES PRIVATE LIMITED B 72,000 19.5

3/9/2018 539402 VAL ARYAMAN BROKING LIMITED S 72,000 19.5

3/9/2018 539402 VAL ARYAMAN BROKING LIMITED B 72,000 19.3*B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

9

Monthly Economic CalendarDate Time Country Event Period Prior6k

12-Mar-18 IN CPI YoY Feb 5.1%

12-Mar-18 IN Industrial Production YoY Jan 7.1%

12-Mar-18 IN Manpower Survey 2Q 21.0%

13-Mar-18 US CPI MoM Feb 0.5%

13-Mar-18 JN Core Machine Orders MoM Jan -11.9%

14-Mar-18 IN Wholesale Prices YoY Feb 2.8%

14-Mar-18 IN Trade Balance Feb -$16298.5m

14-Mar-18 IN Exports YoY Feb 9.1%

14-Mar-18 IN Imports YoY Feb 26.1%

15-Mar-18 US Initial Jobless Claims 10-Mar --

16-Mar-18 JN Industrial Production MoM Jan F -6.6%

16-Mar-18 EC CPI YoY Feb F 1.3%

16-Mar-18 US U. of Mich. Sentiment Mar P 99.7

20-Mar-18 UK CPI MoM Feb -0.5%

20-Mar-18 UK CPI YoY Feb 3.0%

21-Mar-18 US FOMC Rate Decision (Upper Bound) 21-Mar 1.5%

21-Mar-18 AU Employment Change Feb 16.0k

21-Mar-18 AU Unemployment Rate Feb 5.5%

22-Mar-18 UK Bank of England Bank Rate 22-Mar 0.5%


23-Mar-18 US Durable Goods Orders Feb P --

24-Mar-18 IN Eight Infrastructure Industries Feb 6.7%

27-Mar-18 US Conf. Board Consumer Confidence Mar 130.8

28-Mar-18 US GDP Annualized QoQ 4Q T 2.5%

28-Mar-18 IN Fiscal Deficit INR Crore Feb 55,610

29-Mar-18 UK GDP QoQ 4Q F 0.4%

29-Mar-18 UK GDP YoY 4Q F 1.4%


29-Mar-18 US U. of Mich. Sentiment Mar F --

29-Mar-18 JN Jobless Rate Feb 2.4%

29-Mar-18 JN Industrial Production MoM Feb P --

2-Apr-18 US ISM Manufacturing Mar 60.8

2-Apr-18 IN Nikkei India PMI Mfg Mar 52.1

3-Apr-18 AU RBA Cash Rate Target 3-Apr --

3-Apr-18 HK Retail Sales Value YoY Feb 4.1%

3-Apr-18 AU Building Approvals MoM Feb 17.1%

4-Apr-18 US Durable Goods Orders Feb F --

5-Apr-18 US Initial Jobless Claims 31-Mar --

5-Apr-18 IN RBI Repurchase Rate 5-Apr 6.0%

5-Apr-18 IN RBI Reverse Repo Rate 5-Apr 5.8%

5-Apr-18 IN RBI Cash Reserve Ratio 5-Apr 4.0%

6-Apr-18 US Change in Nonfarm Payrolls Mar --

8-Apr-18 JN BoP Current Account Balance Feb --


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

10

Corporate Actions

Ex-DividendCompany Name Ex-Date Purpose

Gammon India Limited 12-Mar-18 Annual General Meeting

DIC India Limited 13-Mar-18 Annual General Meeting

Oil & Natural Gas Corporation Limited 13-Mar-18 Interim Dividend - Rs 2.25 Per Share (Purpose Revised)

Coal India Limited 14-Mar-18 Interim Dividend

Indian Oil Corporation Limited 15-Mar-18 Bonus 1:1

NBCC (India) Limited 15-Mar-18 Interim Dividend

Engineers India Limited 19-Mar-18 Interim Dividend

Colgate Palmolive (India) Limited 20-Mar-18 Interim Dividend

La Opala RG Limited 22-Mar-18 Bonus 1:1

Sundaram Clayton Limited 22-Mar-18 Interim Dividend

The United Nilgiri Tea Estates Company Limited 23-Mar-18 Interim Dividend


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

11

Guided Allocation Towards Research Products

Product Allocation (%)

Max. Allocation in 1 stock (%)

Number of Calls

Frequency Call Duration

Trading Products

Intraday 30 25-30 3-4 stocks Daily Daily

Positional Calls/weekly calls/BTST 30 15-20 6-7 stocks Weekly Fortnightly

TradEdge 15 25-50 2 stocks Fortnightly Monthly

Option Strategies 15 10-20 2 stocks Weekly Weekly

Cash 10

Total 100

Product Allocation (%)

Max. Allocation in 1 stock (%)

Number of Calls

Frequency Call Duration

Investment Products

Rsec Model Portfolio 25 10 8-10 stocks Monthly Half Yearly

Stock In Focus 25 5 1 stock Daily Quarterly

Fundamental Calls 25 5 10 Quarterly Yearly

Initiating Coverage 20 10 As and When Yearly

Cash 5

Total 100


Support 10180

10130

Resistance 10300

10350



Intraday Pick TECHM



MARKET LENS

March 12, 2018

12

Reliance Securities Limited (RSL), the broking arm of Reliance Capital is one of the India’s leading retail broking houses. Reliance Capital is amongst India’s leading and most valuable financial services companies in the private sector. Reliance Capital has interests in asset management and mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management services, distribution of financial products, private equity, asset reconstruction, proprietary investments and other activities in financial services. The list of associates of RSL is available on the website www.reliancecapital.co.in. RSL is registered as a Research Analyst under SEBI (Research Analyst) Regulations, 2014

General Disclaimers: This Research Report (hereinafter called ‘Report’) is prepared and distributed by RSL for information purposes only. The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice for the purpose of purchase or sale of any security, derivatives or any other security through RSL nor any solicitation or offering of any investment /trading opportunity on behalf of the issuer(s) of the respective security(ies) referred to herein. These information / opinions / views are not meant to serve as a professional investment guide for the readers. No action is solicited based upon the information provided herein. Recipients of this Report should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments. This Report has been prepared on the basis of publicly available information, internally developed data and other sources believed by RSL to be reliable. RSL or its directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information / opinions / views. While due care has been taken to ensure that the disclosures and opinions given are fair and reasonable, none of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information / opinions / views contained in this Report.

Risks: Trading and investment in securities are subject to market risks. There are no assurances or guarantees that the objectives of any of trading / investment in securities will be achieved. The trades/ investments referred to herein may not be suitable to all categories of traders/investors. The names of securities mentioned herein do not in any manner indicate their prospects or returns. The value of securities referred to herein may be adversely affected by the performance or otherwise of the respective issuer companies, changes in the market conditions, micro and macro factors and forces affecting capital markets like interest rate risk, credit risk, liquidity risk and reinvestment risk. Derivative products may also be affected by various risks including but not limited to counter party risk, market risk, valuation risk, liquidity risk and other risks. Besides the price of the underlying asset, volatility, tenor and interest rates may affect the pricing of derivatives.

Disclaimers in respect of jurisdiction: The possession, circulation and/or distribution of this Report may be restricted or regulated in certain jurisdictions by appropriate laws. No action has been or will be taken by RSL in any jurisdiction (other than India), where any action for such purpose(s) is required. Accordingly, this Report shall not be possessed, circulated and/or distributed in any such country or jurisdiction unless such action is in compliance with all applicable laws and regulations of such country or jurisdiction. RSL requires such recipient to inform himself about and to observe any restrictions at his own expense, without any liability to RSL. Any dispute arising out of this Report shall be subject to the exclusive jurisdiction of the Courts in India.

Disclosure of Interest: The research analysts who have prepared this Report hereby certify that the views /opinions expressed in this Report are their personal independent views/opinions in respect of the securities and their respective issuers. None of RSL, research analysts, or their relatives had any known direct /indirect material conflict of interest including any long/short position(s) in any specific security on which views/opinions have been made in this Report, during its preparation. RSL’s Associates may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report. RSL, its Associates, the research analysts, or their relatives might have financial interest in the issuer company(ies) of the said securities. RSL or its Associates may have received a compensation from the said issuer company(ies) in last 12 months for the brokerage or non brokerage services.RSL, its Associates, the research analysts or their relatives have not received any compensation or other benefits directly or indirectly from the said issuer company(ies) or any third party in last 12 months in any respect whatsoever for preparation of this report.

The research analysts has served as an officer, director or employee of the said issuer company(ies)?: No

RSL, its Associates, the research analysts or their relatives holds ownership of 1% or more, in respect of the said issuer company(ies).?: No

Copyright: The copyright in this Report belongs exclusively to RSL. This Report shall only be read by those persons to whom it has been delivered. No reprinting, reproduction, copying, distribution of this Report in any manner whatsoever, in whole or in part, is permitted without the prior express written consent of RSL.

RSL’s activities were neither suspended nor have defaulted with any stock exchange with whom RSL is registered. Further, there does not exist any material adverse order/judgments/strictures assessed by any regulatory, government or public authority or agency or any law enforcing agency in last three years. Further, there does not exist any material enquiry of whatsoever nature instituted or pending against RSL as on the date of this Report.

Important These disclaimers, risks and other disclosures must be read in conjunction with the information / opinions / views of which they form part of.

RSL CIN: U65990MH2005PLC154052. SEBI registration no. ( Stock Brokers: NSE - INB / INF / INE 231234833; BSE - INB / INF / INE 011234839, Depository Participants: CDSL IN-DP-257-2016 IN-DP-NSDL-363-2013, Research Analyst: INH000002384); AMFI ARN No.29889.

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