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Tradenivesh equity report

Indian benchmark index Nifty weekly closed at 8156.65 up 5.25 per cent. Nifty benchmark in-dex made new seven month high.

VediMaheshwari
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Tradenivesh equity report

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  1. Equity WEEKLY REPORT Equity WEEKLY REPORT 30 30- -MAY MAY- -2016 2016 10/1, 2nd Floor, Bharat Bhavan,Near Rani Sati Gate, Yashant Niwas Road Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail:info@tradenivesh.com Telephone :+91-731-698.3000

  2. INDIAN MARKET WEEKLY OUTLOOK INDIAN INDICES WEEKLY GLOBAL MARKET WEEKLY CLOSE INDICES CHANGE (%) INDICES CLOSE CHANGE (%) DOW JONES 17873.22 2.13 NIFTY 8156.65 5.25 NASDAQ 4933.50 3.44 SENSEX 30 26653.60 5.34 CAC 40 4514.74 3.69 NIFTY 500 6797.00 4.36 DAX 10286.31 3.73 NIFTY BANK 17511.80 6.25 FTSE 100 6270.79 1.86 NIFTY IT 11420.85 3.49 NIKKEI 16834.84 0.59 NIFTY MIDCAP 13270.05 2.31 HANG SENG 20576.77 3.65 NIFTY SMALL CAP 5223.05 1.40 SHANGHAI COM. 2821.05 -0.16 INDIAN SECTORIAL INDICES WEEKLY COMMODITY AND CURRECY WEEKLY INDICES CLOSE CHANGE (%) INDICES CLOSE CHANGE (%) NIFTY PHARMA 11206.80 1.23 GOLD COMEX 1216.70 -2.89 NIFTY AUTO 8393.95 3.88 GOLD INDIAN 28857.00 -3.67 NIFTY METAL 1968.80 3.12 SILVER COMEX 16.269 -1.59 NIFTY FMCG 20907.55 6.10 SILVER INDIAN 38866.00 -2.43 NIFTY ENERGY 8454.00 3.96 WTI CRUDE NY. 49.33 3.31 NIFTY INFRA 2755.65 7.65 CRUDE INDIAN 3310.00 0.88 NIFTY FIN. SER. 7189.45 6.37 USD-INR 67.3625 -0.82 NIFTY SER. SEC.. 10597.35 5.10 EUR-INR 75.3825 -1.16 NIFTY MEDIA 2546.00 2.22 GBP-INR 98.7150 -0.17 NIFTY REALTY 183.35 4.26 JPY-INR 61.4500 -0.19 NSE DAILY TOP GAINERS CLOSE 1012.00 ST. BK OF IND IA SUN PHARMA ADANIPORTS RELIANCE IND. NSE DAILY TOP LOSERS CLOSE TATA POWER ONGC AXIS BANK TECH MAHINDRA ITC SCRIPT CHANGE (%) -1.43 -1.41 -1.27 -1.18 -0.87 SCRIPT BPCL CHANGE (%) 9.19 6.38 5.85 3.73 2.94 72.60 213.00 512.40 535.90 359.30 195.90 824.95 191.70 974.70

  3. NIFTY WEEKLY OUTLOOK Indian benchmark index Nifty weekly closed at 8156.65 up 5.25 per cent.Nifty benchmark in- dex made new seven month high. The weekly rally was led by infra, banking and financial and fmcg stocks. Even the all sectorial indices closed in green. Infrastructure sector closed highest performer in all indices. In technical front the Nifty index has broken and closed above major resistance level 8000 after seven month. If positivity may continue then Nifty index touch the 8330 level in upcoming week. NIFTY WEEKLY INDEX CLOSE CHANGE CHG.(%) NIFTY 8156.65 406.95 5.25 NIFTY BANK WEEKLY OUTLOOK The Nifty Bank index weekly closed in green sign after the major consolidation face, and settled at 17511.80 up by 6.25 per cent. In technical front Nifty Bank index has broken and closed higher after long consolidation zone, with higher vol- ume. If may possible this rally continue to touch the near resistance level 18050 mark in upcoming week. NIFTY BANK WEEKLY INDEX CLOSE CHANGECHG.(%) NIFTY BANK 17511.80 1030.35 6.25

  4. WEEKLY STOCK RECOMMENDATION WEEKLY STOCK FUTURE RECOMMENDATION ORIENTBANK Future (30-JUNE-16) has formed higher top higher bottom formation in daily chart and show strong bullishness. If may break the near resistance level 87 then this trend will continue and touch the upper resistance level 93 in upcoming week. Buy ORIETNBANK Future (30-JUNE-16) Above 87 and the first target of Rs.90 and second target of Rs.93.10 with maintain stop loss of Rs.82.50. ORIETNBANK (FUTURE) ENTRY TARGET STOPLOSS 87 90-93.10 82.50 WEEKLY STOCK CASH RECOMMENDATION SAIL LTD. has broken resistance level 42 with high volume and is showing strong bullishness in daily chart. If may break the daily high of Rs. 43.50 then it can blast and touch the 48.50 level in upcoming week. Buy SAIL LTD. above Rs.43.75 and the first target of Rs.46 and second target of Rs.48.50 with maintain stop loss of Rs.40.50. SAIL LTD. ENTRY TARGET STOPLOSS 43.75 46-48.50 40.50

  5. STOCK IN NEWS INDIA CEMENTS DR REDDY LTD. India Cements registered a 40% jump in its fourth quarter net profit at 51.21 crore up from 36.60 crore clocked in the year-ago peri- od. The company's total income rose to 1,154.14 crore from 1,043.10 crore last Q4. MUTHOOT FINANCE Drug major Dr Reddy's will buyback around 44.85 lakh shares, accounting for about 2.6 per cent of the existing paid up capital of the company, for up to Rs 1,569.4 crore. MARUTI SUZUKI LTD Nearly 1.4 lakh cars have been recalled in the country over the past one month. The latest in the row is Maruti Suzuki, which is recalling 75,419 units of Baleno small cars (petrol and diesel, including 17,231 export units) and around 2,000 units of the Dzire entry sedan. Country's largestgoldfinancing compa- nyMuthoot Financetoday reported a 61 per cent jump in net profit at Rs 265 crore for the quarter ended March, 2016 driven by higher loan disbursals. INDIAN OIL CORPORATION CENTRAL BANK Flagship refiner-marketer IndianOil Corpo- ration on Friday reported a net profit of Rs 10,399 crore in 2015-16, to become nation's second most-profitable state-run entity after Oil and Natural Gas Corporation. Central Bank of India also registered a consol- idated loss of Rs 1,396 crore but for the entire fiscal ended March 2016 due to higher provi- sions for bad assets. The public-sector lender had posted a net profit of Rs 666 crore in 2014 -15. COLGATE PALMOLIVE INDIAN OVERSIES BANK FMCG firm Colgate Palmolive (India) Ltd today declared an interim dividend of Rs 3 per equity share of Rs 1 each for the finan- cial year 2015-16. Indian Overseas Bank (IOB) posted a net loss too of Rs 936 crore for the quarter ended March 31, 2016, as compared to net profit of Rs 35.5 crore for the quarter ended March 31, 2015. INDIAN OIL CORPORATION Indian Oil Corporation Ltd aims to reach a refining capacity of 9-10 mn tonne in this fis- cal at its 15 mn tonne crude oil refinery at Paradeep.

  6. NIFTY STOCKS WEEKLY PIVOT TABLE Resistance Zone Support Zone Last week price Pivot Point Week Close 8156.7 Stock Name Res-3 Res-2 Res-1 Sup-1 Sup-2 Sup-3 NIFTY 8757 8460.6 8308.6 8012.2 7860.2 7563.8 7411.8 BANKNIFTY 17511.8 19089.4 18316.3 17914.1 17141 16738.8 15965.7 15563.5 SENSEX 26653.6 28656.2 27666.8 27160.2 26170.8 25664.2 24674.9 24168.3 ACC 1525.2 1718.9 1626.1 1575.6 1482.8 1432.3 1339.5 1289 AMBUJACEM 231.1 262.2 247.1 239.1 224 215.9 200.8 192.8 ASIANPAINT 996.8 1078.6 1040.2 1018.5 980.1 958.4 920 898.3 AXISBANK 514 575 550 532 507 489 464 446 BAJAJ-AUTO 2560 2857.5 2719.7 2639.9 2502.1 2422.3 2284.5 2204.7 BANKBARODA 140.2 157.1 149 144.6 136.4 132 123.9 119.5 BHARTIARTL 353 376 366.8 359.9 350.7 343.8 334.6 327.7 BHEL 128.1 151.5 141.9 135 125.3 118.4 108.8 101.9 BPCL 1005.4 1203.2 1114 1059.7 970.4 916.1 826.9 772.6 CAIRN 138.5 149.3 145.6 142.1 138.4 134.9 131.2 127.7 CIPLA 473.5 555.7 532.9 503.2 480.3 450.6 427.8 398.1 COALINDIA 281.5 291.6 288 284.8 281.2 278 274.4 271.2 DRREDDY 3111 3283.9 3210.9 3161 3088 3038.1 2965.1 2915.2 GAIL 378.7 414.6 402.2 390.4 378.1 366.3 353.9 342.1 GRASIM 4360 4626.6 4505.8 4432.9 4312.1 4239.2 4118.4 4045.5 HCLTECH 756 796.8 778.2 767.1 748.6 737.5 718.9 707.8 HDFC 1250 1402.8 1335.6 1292.8 1225.6 1182.8 1115.6 1072.8 HDFCBANK 1181.4 1260 1225 1203.2 1168.2 1146.4 1111.4 1089.6 HEROMOTOCO 2995 3188.1 3099.1 3047 2958 2906 2817 2764.9 HINDALCO 92 104.5 98.6 95.3 89.4 86.1 80.2 76.9 HINDUNILVR 861 933.2 899.6 880.3 846.7 827.4 793.8 774.5 ICICIBANK 241.9 281.1 264.7 253.3 236.8 225.4 209 197.6 IDEA 112.7 127 121.2 116.9 111.1 106.8 101 96.7 IDFC 49.7 57.1 54.3 52 49.1 46.8 44 41.7 INDUSINDBK 1103.4 1203.2 1157.5 1130.5 1084.8 1057.8 1012.1 985.1 INFY 1245 1359 1309.3 1277.1 1227.4 1195.2 1145.5 1113.3 ITC 359.5 393.7 378.8 369.2 354.3 344.7 329.8 320.2 KOTAKBANK 738.1 809.8 777.2 757.7 725.1 705.5 672.9 653.4 LT 1472 1827 1656.8 1564.4 1394.2 1301.8 1131.6 1039.2 LUPIN 1482.7 1623.1 1579.3 1531 1487.1 1438.8 1395 1346.7 M&M 1334 1480.3 1421.2 1377.6 1318.4 1274.8 1215.7 1172.1

  7. NIFTY STOCKS WEEKLY PIVOT TABLE Resistance Zone Support Zone Last week price Pivot Point Week Close Stock Name Res-3 Res-2 Res-1 Sup-1 Sup-2 Sup-3 MARUTI 4132.2 4500.6 4331.3 4231.8 4062.5 3962.9 3793.6 3694.1 NMDC 92.6 100.4 96.8 94.7 91.1 89 85.4 83.3 NTPC 140.2 150.6 146.5 143.4 139.3 136.2 132.1 129 ONGC 212.6 237.6 229.4 221 212.8 204.4 196.2 187.8 PNB 77.5 86.4 82.1 79.8 75.4 73.1 68.8 66.5 POWERGRID 150.3 160.9 156.6 153.5 149.2 146.1 141.8 138.7 RELIANCE 973.1 1042.7 1009.8 991.5 958.6 940.2 907.3 889 SBIN 201.3 249.7 226 213.7 190 177.7 154 141.7 SUNPHARMA 828 904 866 847 809 790 752 733 TATAMOTORS 403.1 436.9 421 412 396.1 387.1 371.2 362.2 TATAPOWER 72.6 79.4 77.1 74.8 72.5 70.3 68 65.7 TATASTEEL 331.1 359 345.5 338.3 324.8 317.5 304 296.8 TCS 2577 2738.3 2659.1 2618 2538.8 2497.8 2418.6 2377.5 TECHM 535 648.9 597.9 566.5 515.5 484.1 433.1 401.7 ULTRACEMCO 3242 3439.5 3347.3 3294.6 3202.4 3149.7 3057.5 3004.8 VEDANTA 102.9 119.7 112.8 107.9 101 96 89.1 84.2 WIPRO 545.4 567.8 559.4 552.4 544 536.9 528.5 521.5 YESBANK 1023.4 1123.7 1082.8 1053.1 1012.1 982.4 941.5 911.8 ZEEL 452.2 484.7 469.8 461 446.2 437.4 422.5 413.7 OUR MONTHLY RECOMMENDATIONS SCRIP RECOM ENTRY TGT-1 TGT-2 STOPLOSS STATUS BOTH TGT ACHIEVED ITC LTD (FUTURE) BUY 340 348 359 330 OPEN POSITION FEDERALBANK (CASH) BUY 52 55 59.25 47.90 BOTH TGT ACHIEVED DRREDDY (CASH) BUY 2950 2990 3030 2900 1ST TGT ACHIEVED FEDERALBANK (FUTURE) BUY 49 52.20 55 45 SL TRIGGERED GLENMARK (FUTURE) BUY 844 856 872 828 SL TRIGGERED AMARAJA BATTERY(FUTURE) BUY 964 978 993 957 BOTH TGT ACHIEVED IBULHSGFIN (FUTURE) BUY 677.50 684.50 693.00 665.00 SL TRIGGERED UNION BANK (CASH) BUY 134.50 138.50 142.50 129.50 BOTH TGT ACHIEVED ORIENT BANK (FUTURE) BUY 93.50 97.00 102.00 88.50 BOTH TGT ACHIEVED VEDANTA LTD (CASH) BUY 95 99 104 89 BOTH TGT ACHIEVED PIDILITE IND (FUTURE) BUY 604 611 619 594 1ST TGT ACHIEVED CASTROL INDIA (CASH) BUY 380 385 392 372.05

  8. DISCLAIMER This document is solely for the personal information of the recipient, and must not be singular- ly 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 investiga- tions as they deem necessary to arrive at an independent evaluation of an investment in the se- curities 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 to any person from any inad- vertent error in the information contained in this report. Trade Nivesh has not independently verified all the information contained within this document. Accordingly, we cannot testify, nor make any representation or warranty, express or implied, to the accuracy, contents or data con- tained within this document. While Trade Nivesh endeavors to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Investment in equity & Commodity market has its own risks. We Trade Nivesh shall not be lia- ble or responsible for any loss or damage that may arise from the use of this information.

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