MARKET LENSbsmedia.business-standard.com/_media/bs/data/market...BSE Equity 3,853.7 BSE Derivatives...
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NIFTY 9827 IN FOCUS Support 9790 9725 Resistance 9880 9930 Stock in Focus MOIL Positional Pick BEML Intraday Pick ASHOKLEY Intraday Pick MCX Institutional Equity Research MARKET LENS July 19, 2017 1 Exchange Rs Crore BSE Equity 3,853.7 BSE Derivatives 19.68 NSE Equity 28,777.5 NSE Derivatives 5,75,904.5 Indices Absolute Change Percentage Change Domestic Last Trade Change 1-D 1-Mth YTD BSE Sensex 31,711.0 (363.8) -1.1% 1.3% 19.1% CNX Nifty 9,827.2 (88.8) -0.9% 1.8% 20.1% S&P CNX 500 8,589.8 (69.7) -0.8% 1.6% 23.0% SENSEX 50 10,184.6 (97.7) -1.0% 1.8% 20.8% International Last Trade Change 1-D 1-Mth YTD DJIA 21,574.7 (55.0) -0.3% 0.2% 9.2% NASDAQ 6,344.3 29.9 0.5% 1.7% 17.9% NIKKEI 20,012.7 12.8 0.1% -0.3% 4.7% HANGSENG 26,594.1 69.2 0.3% 2.6% 20.9% MSCI Emerging Mkts 1,053.2 1.7 0.2% 4.0% 22.1% Last Trade Change 1-D 1-Mth YTD Dr. Reddy’s Lab (ADR) 41.9 0.2 0.5% 0.9% -7.5% Tata Motors (ADR) 35.0 (0.2) -0.5% -0.5% 1.8% Infosys (ADR) 15.6 (0.1) -0.6% 4.9% 4.9% ICICI Bank (ADR) 9.3 (0.0) -0.1% 4.6% 36.9% HDFC Bank (ADR) 90.8 0.2 0.2% 1.9% 49.6% Axis Bank (GDR) 40.1 0.4 1.0% -0.1% 22.3% Reliance Ind (GDR) 47.0 (0.9) -1.9% 7.6% 49.0% ADRs / GDRs Key Commodities Last Trade Change 1-D 1-Mth YTD Brent Crude ($/bl) 48.8 (0.0) 0.0% 4.1% -14.1% Silver ($/Oz) 16.3 (0.0) -0.1% -1.4% 2.2% Gold ($/Oz) 1,241.4 (1.0) -0.1% -0.2% 8.2% Copper LME ($/MT) 5,973.5 2.5 0.0% 5.9% 8.2% Aluminium LME ($/MT) 1,904.8 8.5 0.4% 2.6% 11.8% Baltic Dry 912.0 12.0 1.3% 7.5% -5.1% COMMODITY MARKET Last Trade Change 1-D 1-Mth YTD USD/INR 64.3 64.4 0.0% -0.1% -5.3% EUR/INR 74.3 73.8 0.7% 2.9% 3.6% CURRENCY RATES Last Trade Change 1-D 1-Mth YTD T-Bill - 91 D 6.2 6.2 0.2% -1.3% -0.2% 10 Year G-sec Yield 6.5 6.5 0.0% -0.2% -0.9% RATES Category BUY SELL NET Prev FII 6,676.3 6,358.8 317.4 328.6 DII 3,017.3 3,992.3 -975.0 (447.1) INVESTMENT ACTIVITY (RS. CR) EXCHANGE TURNOVER BEML (LTP: 1522) SELL For today’s trade, short position can be initiated at 1540 for target of Rs 1415 with a strict stop loss of Rs 1588. Positional Pick STOCK IN FOCUS EQUITY INDICES Intraday Picks ASHOKLEY (LTP: 105) SELL For today’s trade, short position can be initiated at Rs 107 for target of Rs 104 with a strict stop loss of Rs 109. Traders are advised to avoid early morning whipsaw. MCX (LTP: 1100) BUY For today’s trade, long position can be initiated at Rs 1090 for target of Rs 1115 with a strict stop loss of Rs 1078. Traders are advised to avoid early morning whipsaw. f MOIL closed over 1% higher in weak trade yesterday f The company is slated to announce its 1QFY18 results soon and we expect the same to be stellar. As per our estimate, sales volume is expected to increase by 8% yoy and 27% qoq to 275,000 tonnes. While realisation is expected to contract on a sequential basis, the same is expected to increase by 53% yoy to Rs9,809/tonne. This will result in Net revenue/EBITDA & PAT to increase by 69%/340% & 93% YoY. However, on a sequential basis due to fall in realisation, EBITDA & PAT are expected to grow at a slower pace of 23% & 10% respectively. f Going forward, we expect strong cash flow generation to continue due to low capex. Net cash is slated to rise to Rs195/ share (~58% of current Mkt. Cap) by FY19E (post considering Rs8.63bn incurred towards share buy-back). f We have a BUY recommendation on the stock with a Target Price of Rs406.
Transcript of MARKET LENSbsmedia.business-standard.com/_media/bs/data/market...BSE Equity 3,853.7 BSE Derivatives...
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
1
Exchange Rs Crore
BSE Equity 3,853.7
BSE Derivatives 19.68
NSE Equity 28,777.5
NSE Derivatives 5,75,904.5
Indices Absolute Change Percentage Change
Domestic Last Trade Change 1-D 1-Mth YTD
BSE Sensex 31,711.0 (363.8) -1.1% 1.3% 19.1%
CNX Nifty 9,827.2 (88.8) -0.9% 1.8% 20.1%
S&P CNX 500 8,589.8 (69.7) -0.8% 1.6% 23.0%
SENSEX 50 10,184.6 (97.7) -1.0% 1.8% 20.8%
International Last Trade Change 1-D 1-Mth YTD
DJIA 21,574.7 (55.0) -0.3% 0.2% 9.2%
NASDAQ 6,344.3 29.9 0.5% 1.7% 17.9%
NIKKEI 20,012.7 12.8 0.1% -0.3% 4.7%
HANGSENG 26,594.1 69.2 0.3% 2.6% 20.9%
MSCI Emerging Mkts 1,053.2 1.7 0.2% 4.0% 22.1%
Last Trade Change 1-D 1-Mth YTD
Dr. Reddy’s Lab (ADR) 41.9 0.2 0.5% 0.9% -7.5%
Tata Motors (ADR) 35.0 (0.2) -0.5% -0.5% 1.8%
Infosys (ADR) 15.6 (0.1) -0.6% 4.9% 4.9%
ICICI Bank (ADR) 9.3 (0.0) -0.1% 4.6% 36.9%
HDFC Bank (ADR) 90.8 0.2 0.2% 1.9% 49.6%
Axis Bank (GDR) 40.1 0.4 1.0% -0.1% 22.3%
Reliance Ind (GDR) 47.0 (0.9) -1.9% 7.6% 49.0%
ADRs / GDRs
Key Commodities Last Trade Change 1-D 1-Mth YTD
Brent Crude ($/bl) 48.8 (0.0) 0.0% 4.1% -14.1%
Silver ($/Oz) 16.3 (0.0) -0.1% -1.4% 2.2%
Gold ($/Oz) 1,241.4 (1.0) -0.1% -0.2% 8.2%
Copper LME ($/MT) 5,973.5 2.5 0.0% 5.9% 8.2%
Aluminium LME ($/MT) 1,904.8 8.5 0.4% 2.6% 11.8%
Baltic Dry 912.0 12.0 1.3% 7.5% -5.1%
COMMODITY MARKET
Last Trade Change 1-D 1-Mth YTD
USD/INR 64.3 64.4 0.0% -0.1% -5.3%
EUR/INR 74.3 73.8 0.7% 2.9% 3.6%
CURRENCY RATES
Last Trade Change 1-D 1-Mth YTD
T-Bill - 91 D 6.2 6.2 0.2% -1.3% -0.2%
10 Year G-sec Yield 6.5 6.5 0.0% -0.2% -0.9%
RATES
Category BUY SELL NET Prev
FII 6,676.3 6,358.8 317.4 328.6
DII 3,017.3 3,992.3 -975.0 (447.1)
INVESTMENT ACTIVITY (RS. CR)
EXCHANGE TURNOVER
BEML (LTP: 1522) SELLFor today’s trade, short position can be initiated at 1540 for target of Rs 1415 with a strict stop loss of Rs 1588.
Positional Pick
STOCK IN FOCUS
EQUITY INDICES
Intraday PicksASHOKLEY (LTP: 105) SELLFor today’s trade, short position can be initiated at Rs 107 for target of Rs 104 with a strict stop loss of Rs 109. Traders are advised to avoid early morning whipsaw.
MCX (LTP: 1100) BUYFor today’s trade, long position can be initiated at Rs 1090 for target of Rs 1115 with a strict stop loss of Rs 1078. Traders are advised to avoid early morning whipsaw.
f MOIL closed over 1% higher in weak trade yesterday
f The company is slated to announce its 1QFY18 results soon and we expect the same to be stellar. As per our estimate, sales volume is expected to increase by 8% yoy and 27% qoq to 275,000 tonnes. While realisation is expected to contract on a sequential basis, the same is expected to increase by 53% yoy to Rs9,809/tonne. This will result in Net revenue/EBITDA & PAT to increase by 69%/340% & 93% YoY. However, on a sequential basis due to fall in realisation, EBITDA & PAT are expected to grow at a slower pace of 23% & 10% respectively.
f Going forward, we expect strong cash flow generation to continue due to low capex. Net cash is slated to rise to Rs195/share (~58% of current Mkt. Cap) by FY19E (post considering Rs8.63bn incurred towards share buy-back).
f We have a BUY recommendation on the stock with a Target Price of Rs406.
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
2
MARKET SYNOPSIS
f On Tuesday, NSE-NIFTY slipped below 9,800 mark breaching intraday support levels (i.e.9,880 and 9,840) amidst nosedive in the index heavyweight-ITC. Later, index managed to recover partial losses with a corresponding bounce back and oscillated in 9,880-9,840 range thereafter. In the last one hour of trade, NIFTY breached lower band of the range and finally, closed the session at 9,827 mark, with cut of 89 points.
f NSE Cash segment reported turnover of Rs28,777 crore as compared to Rs24,498 crore earlier.
f Overall market breadth remained negative, where 594 stocks advanced against 1102 declined stocks.
f Mixed trend was observed across all the sectoral indices during the day, where none of the sectoral indices gained more than 0.5%. Realty and FMCG indices emerged as top losers with the decrease of 1% and 6.7% respectively.
NSE-NIFTY OUTLOOK
f Though NSE-NIFTY failed to continue prior daily uptrend and slipped to 4-day low, our view will remain positive as index has formed Long-legged Doji pattern on the daily chart. Long-legged Doji have long upper and lower shadows that are almost equal in length. These Doji reflect a great amount of indecision in the market. On the lower side, its short-term and medium-term moving averages (i.e. 20-day and 50-day EMAs) will continue to work as key reversal point for the index, which are now placed at 9,725 and at 9,580 levels respectively. On the higher side, NIFTY will face major hurdle around the psychological mark-10,000.
f As for the day, support is placed at around 9,790 and then at 9,725 levels, while resistance is observed at 9,880 and then around at 9,930 levels.
Technical Research
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
3
f The stock has being making lower tops in the past 2 weeks despite positive markets performance and closed at 8 days low.
f The stock has closed below its short term average and likely to underperform to test its medium term averages on the downside.
f The key technical indicator RSI has also reversed downwards confirming the downtrend in the coming days.
f Thus, one can initiate short position at higher range near Rs.1540 for target of Rs 1415 with a stop loss of Rs 1588.
Technical Research
Positional Pick: BEMLCMP: 1522 | RECO: SELL | AT: 1540 | TARGET: 1415 | STOP LOSS: 1588
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
4
f Nifty opened lower on weaker opening of FMCG sector and it further accentuated in high beta sectors to end at the low point of the day. Nifty closed down by 89 points at 9,827 levels. Among the nifty stocks 29 stocks advanced and 22 declined during the day.
f Sectorally it was a mixed bag with FMCG to decline by 6.7%, Realty by 1%, and PSU Banks declined by 0.3% while other sectors gained to the tune 0.2% average.
f Broader market indices remained under pressure with NIFTY 100,200 and 500 to close down by 0.8% average while midcap indices and small cap indices declined by 0.5% and 0.6% respectively.
f Nifty July futures ends with 19 points premium at 9,846 mark, while on other hand, Bank Nifty July futures ended with the premium of 46 points at 24,058 mark.
f Nifty has seen a sharp correction and ended in a doji format, sustenance below 9,900 would continue to put pressure on markets. Nifty 9900 CE and 10,000 CE has seen huge writing of 18 lakhs average moving the OI to 64 lakhs while downside 9,800 PE has the highest put OI of 58 lakhs shares.
Sectoral Activity: Amongst sectoral index, Realty and Autos remained in focus with negative momentum.
Stock Activity: Ashok Leyland and NCC observed build up in short position.
Derivatives Snapshot
TOP 5 PRICE GAINERS
Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance
INFIBEAM INCORP. LIMITED 1184.50 5.35% 209.87% 0.07% 1130 1169 1223
SINTEX INDUSTRIES LTD 33.40 4.54% 117.13% 8.76% 31 33 35
JUBILANT FOODWORKS LTD 1325.10 4.12% -20.60% 9.83% 1270 1302 1358
BANK OF INDIA 152.65 3.07% 260.72% -1.70% 149 152 156
BATA INDIA LTD 569.20 2.58% 274.68% 1.29% 556 565 578
TOP 5 PRICE LOSERS
Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance
ITC LTD 284.55 -12.49% 635.62% 60.23% 276 285 293
TV18 BROADCAST LIMITED 38.80 -6.28% 297.07% 10.09% 37 40 41
GODFREY PHILLIPS INDIA LT 1157.05 -5.70% 304.99% 10.07% 1110 1147 1195
KPIT TECHNOLOGIES LTD 129.55 -4.88% 31.76% 5.98% 126 131 135
M&M FIN. SERVICES LTD 350.45 -4.65% 58.52% 1.64% 343 356 364
TOP 5 OI GAINERS
Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance
ITC LTD 284.55 -12.49% 635.62% 60.23% 276 285 293
ICICI PRU LIFE INS CO LTD 476.20 0.63% 103.33% 18.24% 468 480 488
HAVELLS INDIA LIMITED 459.20 -1.44% 44.37% 17.41% 454 460 466
ULTRATECH CEMENT LIMITED 4330.85 -0.39% 166.87% 17.40% 4270 4362 4423
HINDUSTAN UNILEVER LTD. 1157.85 0.42% 182.23% 15.19% 1147 1158 1169
TOP 5 OI LOSERS
Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance
OIL INDIA LTD 277.65 1.18% -6.06% -9.96% 274 276 280
HDFC LTD 1653.00 0.04% 91.93% -9.75% 1642 1660 1670
POWER GRID CORP. LTD. 215.40 -0.60% 19.79% -9.25% 213 217 219
ORIENTAL BANK OF COMMERCE 149.05 -0.23% 53.21% -8.25% 147 150 151
BOSCH LIMITED 24363.90 -0.97% 90.52% -7.43% 24120 24495 24738
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
5
TOP 5 “RISE IN % DEL CHG”
Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance
INFIBEAM INCORP. LIMITED 1184.50 5.35% 209.87% 579.00% 1130 1169 1223
ITC LTD 284.55 -12.49% 635.62% 525.69% 276 285 293
ZEE ENTERTAINMENT ENT LTD 530.50 1.19% 255.18% 516.57% 522 530 538
TV18 BROADCAST LIMITED 38.80 -6.28% 297.07% 440.48% 37 40 41
IDFC LIMITED 57.30 2.14% 286.46% 423.03% 56 57 58
TOP 5 “DECLINE IN % DEL CHG”
Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance
MRPL 123.25 0.12% -86.67% -88.44% 122 123 125
CADILA HEALTHCARE LIMITED 524.45 -2.61% -86.32% -87.48% 519 529 535
INDRAPRASTHA GAS LTD 1128.60 -1.46% -83.40% -80.66% 1118 1133 1144
SREI INFRASTRUCTURE FINAN 124.15 -1.62% -78.62% -79.00% 123 125 127
AMARA RAJA BATTERIES LTD. 843.10 0.35% -61.33% -75.61% 837 842 849
SECTORAL ACTIVITY
Value Average of OI Average of Price Total Average of
Total OI Change % Change % Volume Volume Change %
Consumer Discretionary 660436945 0.58% -0.42% 141612066 38.71%
Consumer Staples 237736050 7.10% -1.36% 166566019 99.54%
Energy 287717178 -2.33% -0.76% 39704956 -9.15%
Financials 1782319994 0.20% -0.42% 185471868 33.20%
Health Care 190094100 -1.07% 0.01% 45770782 26.91%
Industrials 202724800 -0.08% -0.31% 23785349 43.97%
Information Technology 103204300 0.49% -0.11% 14648450 14.19%
Materials 1341480600 0.49% -0.74% 174550876 15.32%
Telecommunication Services 298969000 0.40% -0.97% 34360241 74.54%
Utilities 1050275800 -0.53% -0.78% 70839542 -0.05%
Grand Total 6154958767 0.46% -0.52% 897310149 31.58%
Derivatives Snapshot
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
6
Pivot TableName LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 Nifty 50 9827.2 9741.6 9784.4 9834.9 9877.7 9928.2Nifty Bank 24022.1 23831.9 23927.0 24037.2 24132.3 24242.6ACC LIMITED 1759.5 1709.8 1734.7 1771.8 1796.7 1833.8ADANI PORT & SEZ LTD 381.9 375.8 378.9 381.5 384.5 387.1AMBUJA CEMENTS LTD 266.3 261.4 263.8 267.4 269.8 273.4ASIAN PAINTS LIMITED 1146.6 1104.9 1125.7 1137.9 1158.7 1170.9AUROBINDO PHARMA LTD 734.3 715.9 725.1 737.3 746.5 758.6AXIS BANK LIMITED 516.6 501.5 509.0 515.9 523.4 530.2BAJAJ AUTO LIMITED 2831.8 2802.7 2817.2 2832.6 2847.1 2862.5BANK OF BARODA 163.9 160.3 162.1 164.6 166.4 169.0BHARTI AIRTEL LIMITED 408.3 391.0 399.7 414.8 423.5 438.6BOSCH LIMITED 24363.9 23876.6 24120.3 24494.6 24738.3 25112.6BHARAT PETROLEUM CORP LT 468.6 458.7 463.6 469.3 474.3 480.0CIPLA LTD 559.8 548.7 554.2 560.6 566.1 572.5COAL INDIA LTD 248.5 244.3 246.4 247.9 250.0 251.4DR. REDDY’S LABORATORIES 2719.0 2660.9 2689.9 2716.6 2745.7 2772.4EICHER MOTORS LTD 28598.5 27755.4 28177.0 28433.5 28855.0 29111.5GAIL (INDIA) LTD 379.1 369.2 374.1 380.1 385.0 390.9HCL TECHNOLOGIES LTD 880.7 861.8 871.3 877.8 887.2 893.7HDFC LTD 1653.0 1631.8 1642.4 1659.7 1670.3 1687.5HDFC BANK LTD 1683.6 1672.4 1678.0 1682.9 1688.5 1693.4HERO MOTOCORP LIMITED 3784.0 3735.3 3759.6 3779.3 3803.6 3823.3HINDALCO INDUSTRIES LTD 207.4 204.1 205.7 208.1 209.7 212.1HINDUSTAN UNILEVER LTD. 1157.9 1135.8 1146.8 1158.3 1169.3 1180.8INDIABULLS HSG FIN LTD 1142.0 1119.7 1130.9 1144.0 1155.1 1168.2ICICI BANK LTD. 303.9 299.3 301.6 303.8 306.1 308.3INDUSIND BANK LIMITED 1570.1 1554.8 1562.4 1572.2 1579.8 1589.6BHARTI INFRATEL LTD. 418.2 408.4 413.3 419.0 423.9 429.6INFOSYS LIMITED 985.6 966.8 976.2 990.5 999.9 1014.2INDIAN OIL CORP LTD 372.2 365.9 369.0 373.6 376.7 381.3ITC LTD 284.6 268.3 276.4 284.5 292.7 300.8KOTAK MAHINDRA BANK LTD 977.1 962.8 970.0 978.5 985.6 994.1LARSEN & TOUBRO LTD. 1177.9 1158.8 1168.3 1177.7 1187.2 1196.6LUPIN LIMITED 1156.4 1138.7 1147.5 1156.1 1165.0 1173.6MAHINDRA & MAHINDRA LTD 1380.2 1361.4 1370.8 1386.4 1395.7 1411.3MARUTI SUZUKI INDIA LTD. 7549.4 7475.5 7512.4 7552.0 7588.9 7628.5NTPC LTD 167.6 162.9 165.2 168.5 170.9 174.2OIL AND NATURAL GAS CORP. 161.7 158.4 160.1 161.0 162.7 163.6POWER GRID CORP. LTD. 215.4 211.5 213.4 216.7 218.7 222.0RELIANCE INDUSTRIES LTD 1519.9 1486.8 1503.3 1527.6 1544.1 1568.4STATE BANK OF INDIA 291.0 286.1 288.5 292.5 294.9 298.9SUN PHARMACEUTICAL IND L 578.3 562.8 570.5 576.8 584.5 590.8TATA MOTORS LIMITED 456.2 449.2 452.7 456.1 459.6 463.0TATA MOTORS DVR ‘A’ ORD 271.8 269.1 270.5 272.2 273.6 275.3TATA POWER CO LTD 82.5 80.8 81.6 82.8 83.6 84.8TATA STEEL LIMITED 563.3 551.1 557.2 563.1 569.2 575.1TATA CONSULTANCY SERV LT 2408.4 2369.0 2388.7 2415.8 2435.5 2462.7TECH MAHINDRA LIMITED 391.3 386.4 388.9 392.6 395.1 398.8ULTRATECH CEMENT LIMITED 4330.9 4208.9 4269.9 4362.0 4423.0 4515.1VEDANTA LIMITED 268.4 263.8 266.1 269.6 271.9 275.5WIPRO LTD 269.0 263.2 266.1 269.4 272.3 275.5YES BANK LIMITED 1557.8 1527.8 1542.8 1560.1 1575.1 1592.5ZEE ENTERTAINMENT ENT LTD 530.5 513.5 522.0 529.6 538.1 545.6
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
7
Scrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK
NIFTY 9827.2 9681.0 9597.5 9359.1 8886.6 9928.2 7893.8BANK NIFTY 24022.1 23557.5 23320.3 22358.1 20712.6 24147.4 17606.9SENSEX 50 10184.6 10041.9 9943.2 9683.4 9177.6 10282.3 8144.6ACC 1759.5 1641.9 1643.1 1559.4 1490.4 1809.0 1256.6ADANIPORTS 381.9 371.7 360.2 341.4 312.0 384.1 216.1AMBUJACEM 266.3 251.9 246.9 242.1 233.5 281.7 191.0ASIANPAINT 1146.6 1129.2 1137.4 1100.5 1047.0 1225.2 849.6AUROPHARMA 734.3 690.6 632.1 644.5 688.9 895.0 503.1AXISBANK 516.6 508.7 508.8 507.4 494.3 638.3 424.4BAJAJ-AUTO 2831.8 2789.0 2845.1 2846.7 2791.5 3120.0 2510.0BANKBARODA 163.9 162.1 172.5 172.2 166.7 202.5 135.3BHARTIARTL 408.3 385.4 375.4 363.1 341.6 430.0 283.1BHEL 143.3 137.4 146.1 157.0 145.4 182.8 116.1BOSCHLTD 24363.9 23890.1 23808.5 23187.6 22241.6 25670.9 17671.6BPCL 468.6 439.6 462.4 456.0 441.2 512.8 360.6CIPLA 559.8 545.5 542.9 562.5 568.5 621.3 480.2COALINDIA 248.5 249.3 260.0 277.8 294.5 350.0 242.6DRREDDY 2719.0 2677.7 2626.0 2662.8 2881.3 3689.9 2380.4EICHERMOT 28598.5 27736.6 28293.0 26664.6 24925.9 30051.0 19530.0GAIL 379.1 367.0 385.6 388.1 358.9 433.7 268.3GRASIM 1307.8 1240.7 1175.9 1126.2 1016.0 1375.0 781.9HCLTECH 880.7 849.4 853.5 847.8 829.2 909.6 716.6HDFC 1653.0 1639.6 1606.2 1537.3 1423.6 1682.2 1183.2HDFCBANK 1683.6 1673.2 1636.5 1541.3 1391.6 1748.0 1158.0HEROMOTOCO 3784.0 3730.5 3692.0 3481.8 3338.3 3880.6 2849.5HINDALCO 207.4 197.5 196.6 193.9 181.4 210.4 130.4HINDUNILVR 1157.9 1107.5 1074.0 990.4 914.6 1169.8 782.0ICICIBANK 303.9 293.0 287.9 270.9 256.4 306.0 215.1IDEA 87.2 84.3 83.2 89.1 84.5 123.5 65.8INDUSINDBK 1570.1 1524.3 1488.3 1439.7 1309.2 1585.0 1036.7INFRATEL 418.2 396.3 385.0 357.2 354.3 424.8 281.8INFY 985.6 952.9 957.9 972.3 976.7 1096.5 901.0ITC 284.6 322.8 308.7 291.8 268.2 367.7 222.0KOTAKBANK 977.1 968.9 963.0 912.9 836.4 1004.7 692.5LT 1177.9 1149.5 1161.7 1115.4 1030.3 1222.6 863.4LUPIN 1156.4 1098.6 1159.3 1290.9 1387.0 1750.0 1036.2M&M 1380.2 1374.2 1377.4 1339.0 1298.6 1509.0 1141.4MARUTI 7549.4 7371.8 7179.3 6669.8 6103.0 7591.5 4405.0NTPC 167.6 160.8 159.8 161.4 161.2 178.3 143.3ONGC 161.7 160.7 169.9 179.2 185.5 211.8 144.7POWERGRID 215.4 210.3 208.1 203.5 195.4 220.0 161.8RELIANCE 1519.9 1455.8 1386.3 1352.0 1198.2 1559.6 930.0SBIN 291.0 283.6 288.4 285.0 272.0 315.3 222.1SUNPHARMA 578.3 552.4 564.8 620.0 649.6 855.0 492.7TATAMOTORS 456.2 446.1 452.0 456.0 478.9 598.4 417.3TATAPOWER 82.5 82.1 81.3 83.2 80.2 91.2 67.0TATASTEEL 563.3 542.6 509.5 492.1 457.4 569.0 348.7TCS 2408.4 2388.5 2453.2 2435.1 2369.2 2744.8 2051.9TECHM 391.3 385.3 400.2 429.8 445.1 515.3 356.7ULTRACEMCO 4330.9 4088.7 4167.8 4086.6 3849.7 4533.1 3050.0WIPRO 269.0 260.1 262.0 255.5 244.5 284.0 204.1YESBANK 1557.8 1491.1 1479.7 1508.6 1383.8 1651.9 1090.6ZEEL 530.5 504.2 512.2 517.7 502.4 589.9 427.7
Simple Moving Average
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
8
Bulk Deals SnapshotDeal Date Scrip Code Company Client Name Deal Type* Quantity Price **18/07/2017 540615 7NR RATHOD MANOJ CHHAGANLAL HUF B 104,000 27
18/07/2017 540615 7NR VIMALA ANANDRAJ OSTWAL B 268,000 26.95
18/07/2017 540615 7NR SAYAR S BHANDARI B 260,000 26.98
18/07/2017 531611 AADHAARVEN CHARAMSUKH IT MARKETING PVT LTD B 1,454,790 0.67
18/07/2017 531611 AADHAARVEN UNIFOUR GARMENTS LLP S 1,443,000 0.67
18/07/2017 531611 AADHAARVEN VENERA PROPERTY PRIVATE LIMITED S 1,800,000 0.67
18/07/2017 538566 BESTSTEEL VIKASH GUPTA S 200,000 105.49
18/07/2017 530809 BNRUDY ASHOK KUMAR BILGAIYAN S 19,948 34.52
18/07/2017 526971 DHOOTIN SANJAY RAMAVTAR GOENKA S 41,640 40.15
18/07/2017 517536 ONWARDTEC JIGNESHBHAI HIRALAL SHAH S 78,100 95
18/07/2017 535658 PAWANSUT JASMEETKAUR K MARWAHA S 56,900 14.85
18/07/2017 535658 PAWANSUT SARITA KUNWAR SINGH S 129,901 13.85
18/07/2017 535658 PAWANSUT SARITA KUNWAR SINGH B 122,006 14.38
18/07/2017 535658 PAWANSUT NAVDEEP SINGH S 88,461 13.64
18/07/2017 536659 PVVINFRA K VENKATESWARLU S 43,199 20.1
18/07/2017 536659 PVVINFRA K VENKATESWARLU B 19,804 20.28
18/07/2017 536659 PVVINFRA ASPIRE EMERGING FUND B 35,515 20
18/07/2017 537254 RCIIND IG FINANCIAL SERVICES I PRIVATE LIMITED B 75,000 179
18/07/2017 531099 RUBRAME TULSA NETRAPRASHAD SILWAL S 47,815 3.53
18/07/2017 531569 SANJIVIN KAYCEE FINSTOCK PVT. LTD. S 50,520 9.29
18/07/2017 531637 SWORDNSH VAMAN SWAMY VELUDHANDI S 30,000 10.24
18/07/2017 539518 UDAYJEW RADHESHYAM GUPTA B 180,000 18.7
18/07/2017 539518 UDAYJEW PRAVEEN KUMAR S 200,000 18.71
18/07/2017 504605 UNIABEXAL DIPTI DHIREN SHAH S 14,730 343.91
18/07/2017 503657 VEERENRGY NISHIL SURENDRABHAI MARFATIA S 79,600 22.56
18/07/2017 503657 VEERENRGY NISHIL SURENDRABHAI MARFATIA B 94,650 23.04
18/07/2017 503657 VEERENRGY SURESHBHAI DHANJIBHAI THAKKAR S 60,050 23.35
18/07/2017 503657 VEERENRGY SURESHBHAI DHANJIBHAI THAKKAR B 60,050 23.4
18/07/2017 503657 VEERENRGY ARCADIA SHARE & STOCK BROKERS PVT. LTD S 54,745 23.23
18/07/2017 503657 VEERENRGY ARCADIA SHARE & STOCK BROKERS PVT. LTD B 54,745 23.45
18/07/2017 503657 VEERENRGY UDAY ANUBHAI SHAH S 94,798 23.43
18/07/2017 503657 VEERENRGY UDAY ANUBHAI SHAH B 94,798 23.4
18/07/2017 506146 VIVIDHA ARPITA ILESH PATEL S 2,565,000 1.38
18/07/2017 506146 VIVIDHA ARPITA ILESH PATEL B 1,157,253 1.37
18/07/2017 506146 VIVIDHA VISHWAMURTE TRAD INVEST PE LTD B 2,500,000 1.38*B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
9
Monthly Economic CalendarDate Time Country Event Period Prior
20-Jul-17 AU Employment Change Jun --
20-Jul-17 AU Unemployment Rate Jun --
20-Jul-17 EC ECB Main Refinancing Rate 20-Jul --
20-Jul-17 US Initial Jobless Claims 15-Jul --
25-Jul-17 IN Eight Infrastructure Industries Jun --
26-Jul-17 UK GDP QoQ 2Q A --
26-Jul-17 UK GDP YoY 2Q A --
26-Jul-17 US FOMC Rate Decision (Upper Bound) 26-Jul 1.3%
27-Jul-17 US Initial Jobless Claims 22-Jul --
28-Jul-17 JN Jobless Rate Jun --
28-Jul-17 US GDP Annualized QoQ 2Q A --
31-Jul-17 JN Industrial Production MoM Jun P --
31-Jul-17 IN Fiscal Deficit INR Crore Jun --
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
10
Corporate Actions
Ex-Dividend
Company Name Ex-Date Purpose
Navin Fluorine International Limited 19-Jul-17 Face Value Split From Rs 10/- Per Share To Rs 2/- Per Share
Grasim Industries Limited 19-Jul-17 Scheme Of Arrangement
Manugraph India Limited 19-Jul-17 Dividend- Re. 0.50 Per Share
Pioneer Distilleries Limited 19-Jul-17 Annual General Meeting
NOCIL Limited 19-Jul-17 Annual General Meeting/Dividend - Rs 1.80 Per Share (Book Closure Start Date Revised)
CESC Limited 19-Jul-17 Annual General Meeting
Astra Microwave Products Limited 19-Jul-17 Annual General Meeting/Dividend - Re 1 Per Share
Cholamandalam Investment and Finance Company Limited
19-Jul-17 Annual General Meeting/Dividend - Rs 2/- Per Share
LG Balakrishnan & Bros Limited 19-Jul-17 Annual General Meeting/Dividend - Rs 7 Per Share
Sicagen India Limited 19-Jul-17 Annual General Meeting/Dividend - Re 0.60 Per Share
Exide Industries Limited 19-Jul-17 Annual General Meeting/Dividend - Re 0.80/- Per Share
Trent Limited 19-Jul-17 Annual General Meeting/Dividend - Re 1/- Per Share
MEP Infrastructure Developers Limited 19-Jul-17 Annual General Meeting/Dividend - Re 0.15 Per Share
Alembic Limited 19-Jul-17 Annual General Meeting/Dividend - Re 0.20 Per Share
LGB Forge Limited 19-Jul-17 Annual General Meeting
Mawana Sugars Limited 19-Jul-17 Annual General Meeting
Oriental Hotels Limited 19-Jul-17 Annual General Meeting
Bombay Burmah Trading Corporation Limited 20-Jul-17 Annual General Meeting/Dividend - Re 1/- Per Share
SQS India BFSI Limited 20-Jul-17 Annual General Meeting/Dividend - Rs 20 Per Share
Subex Limited 20-Jul-17 Annual General Meeting
IFB Industries Limited 20-Jul-17 Annual General Meeting
Asian Hotels (East) Limited 20-Jul-17 Annual General Meeting/Dividend - Rs 2 Per Share
Cimmco Limited 20-Jul-17 Annual General Meeting
Hatsun Agro Product Limited 20-Jul-17 Annual General Meeting/Interim Dividend (Purpose Revised)
Megasoft Limited 20-Jul-17 Annual General Meeting
Result CalendarCompany Name Board Meeting Date Purpose
Amtek Auto Limited 19-Jul-17 Results
Bajaj Finance Limited 19-Jul-17 Results
Bajaj Finance Limited 19-Jul-17 Results/Others
Bajaj Finserv Limited 19-Jul-17 Results
Canara Bank 19-Jul-17 Results
GNA Axles Limited 19-Jul-17 Results
Havells India Limited 19-Jul-17 Results
Jubilant Industries Limited 19-Jul-17 Results
KPIT Technologies Limited 19-Jul-17 Results
Mastek Limited 19-Jul-17 Results
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
11
Result CalendarCompany Name Board Meeting Date Purpose
MindTree Limited 19-Jul-17 Results
MPS Limited 19-Jul-17 Results
Sanofi India Limited 19-Jul-17 Results/Dividend
Sterlite Technologies Limited 19-Jul-17 Results
Sutlej Textiles and Industries Limited 19-Jul-17 Results
ABB India Limited 20-Jul-17 Results
Alembic Pharmaceuticals Limited 20-Jul-17 Results
Bajaj Auto Limited 20-Jul-17 Results
Bajaj Holdings & Investment Limited 20-Jul-17 Results
Cupid Limited 20-Jul-17 Results
D.B.Corp Limited 20-Jul-17 Results
Hindustan Zinc Limited 20-Jul-17 Results
Kansai Nerolac Paints Limited 20-Jul-17 Results
Kotak Mahindra Bank Limited 20-Jul-17 Results
Mahindra CIE Automotive Limited 20-Jul-17 Results
Menon Bearings Limited 20-Jul-17 Results/Dividend
Menon Bearings Limited 20-Jul-17 Results
NIIT Technologies Limited 20-Jul-17 Results
Nucleus Software Exports Limited 20-Jul-17 Results
R. S. Software (India) Limited 20-Jul-17 Results/Others
Rallis India Limited 20-Jul-17 Results
RBL Bank Limited 20-Jul-17 Results
Reliance Industries Limited 20-Jul-17 Results
Wipro Limited 20-Jul-17 Results
Zensar Technologies Limited 20-Jul-17 Results
Ashok Leyland Limited 21-Jul-17 Results
Atul Limited 21-Jul-17 Results
Can Fin Homes Limited 21-Jul-17 Results
Dewan Housing Finance Corporation Limited 21-Jul-17 Results
DIC India Limited 21-Jul-17 Results
Hindustan Dorr-Oliver Limited 21-Jul-17 Results
Indian Bank 21-Jul-17 Results
Mafatlal Finance Limited 21-Jul-17 Results/Others
Mangalore Refinery and Petrochemicals Limited 21-Jul-17 Results
Onward Technologies Limited 21-Jul-17 Results
Persistent Systems Limited 21-Jul-17 Results
Quess Corp Limited 21-Jul-17 Results
Quess Corp Limited 21-Jul-17 Results
Tata Sponge Iron Limited 21-Jul-17 Results
The Tinplate Company of India Limited 21-Jul-17 Results
Uttam Value Steels Limited 21-Jul-17 Results
3i Infotech Limited 22-Jul-17 Results
Aro Granite Industries Limited 22-Jul-17 Results
NIFTY 9827 IN FOCUS
Support 9790
9725
Resistance 9880
9930
Stock in Focus MOIL
Positional Pick BEML
Intraday Pick ASHOKLEY
Intraday Pick MCX
Institutional Equity Research
MARKET LENS
July 19, 2017
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.
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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.
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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.
