1 / 7

Daily Equity Report

The benchmark indices ended at their record highs on expiry of July F&O contracts. Once the Nifty closes above the 11,185 mark, expect this to become the new support level for the index. The next resistance could come in at 11250 levels, a sure shot extension level of swing seen from 9,960(bottom of March 23) to 10,947 (top of May 15) and from 10,947 to 10,408 (bottom of May 23).

Vihaanreddy
Download Presentation

Daily Equity Report

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ; Daily Equity Report 27-7-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance The benchmark indices ended at their record highs on expiry of July F&O contracts. Once the Nifty closes above the 11,185 mark, expect this to become the new support level for the index. The next resistance could come in at 11250 levels, a sure shot extension level of swing seen from 9,960(bottom of March 23) to 10,947 (top of May 15) and from 10,947 to 10,408 (bottom of May 23). R1/R2 11185/11250 S1/S2 11090/10950 Daily Chart:

  2. ; Daily Newsletter Page 2 Page 3 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Star performer in today’s session was Bank Nifty gaining 1.39%. The rally was led by PSU Bank stocks after Canara Bank posted better than expected Q1 earnings; ICICI Bank also posted strong gains ending 4.13% higher. Nifty PSU Bank Index managed to end the day 5.53% higher. R1/R2 27430/27665 S1/S2 27050/26680 Daily Chart: Technical Outlook Top Losers YESBANK MARUTI IOC HINDPETRO Top Gainers SBIN EICHERMOT POWERGRID GRASIM 367.45 9,390.00 159.5 276.9 289.25 28,300.00 182.1 1,021.50

  3. ; Daily Newsletter Stock Corner: Maruti Suzuki India closed around 4% lower to at Rs 9,390 on the NSE, after the company reported lower-than-expected 26.9% growth in net profit at Rs 19.75 billion in June quarter (Q1FY19). The country’s largest car maker had profit of Rs 15.56 billion in year ago quarter. Shares of YES Bank have slipped 6% to Rs 359 per share on the BSE on profit bookings after the bank reported 30.5% year on year (yoy) jumped in net profit at Rs 12.6 billion in June quarter (Q1FY19) on the back of healthy growth in net interest income (NII) & other income. 1. Cement stocks firmed up during Thursday’s afternoon trade after reports emerged that the SC has given its conditional approval to petcoke import. Incidentally, petcoke is used as an alternative to coal in cement manufacturing. Idea Cellular stocks rallied after the Department of Telecommunications (DoT) gave the final go-ahead for its merger with Vodafone India. Shares of Indiabulls Housing Finance were trading higher over 2% and hit 3-month high in the afternoon trade. Dr.Reddy's Labs today announced its decision to launch Hervycta (Trastuzumab), a biosimilar of Roche's Herceptin in India. This is mainly for the treatment of HER2-positive cancers (early breast cancer, metastatic breast cancer, and metastatic gastric cancer). State-run Canara Bank reported a surprising 11.9% rise in Q1FY19. Net profit was Rs281cr for the three months ended June 30, compared with Rs252cr a year ago. Due to the optimism surrounding the results, the bank surged at over 4%. 2. 3. 4. 5. 6. 7. Stock in ban period NIL

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks BALKRISIND FUT Tyre stocks were in demand as well stock as stock showed buying activity in today’s trading session. Resistance breakouts could be seen in coming session. INTRADAY 1275 1315 1330 1236 1190 1165 R1 R2 R3 Stock Info VOLUME DAY HIGH DAY LOW 1349600 1231.55 1192.65 LEVEL S1 S2 MARKET LOT SIZE 800 S3 1135 Bullish VWAP 1209.69 All over trend

  5. Daily Newsletter ; Page 5 MARICO FUT Stock heading towards its all time high which can be seen in below charts, breakouts could be seen in coming sessions. INTRADAY R1 R2 R3 370 375 380 366 360 350 340 Bullish Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 5280600 364.90 356 2600 361.11 LEVEL S1 S2 S3 All over trends

  6. Daily Newsletter ; Page 6 Event Calendar (23rd July to 28th July) 23/07/18 (Mon) 24/07/18 (tues) 25/07/18 (wed) 26/07/18 (thurs) 27/07/18 (Fri) 28/07/18 (sat) Result ACC DELTACORP, GRANULES, HINDZINC, LT, UNITES SPIRITS, WELCORP, VIJAYABANK Result ASIANPAINT, HEXAWARE, KRBL, NETWORK18, RADICO Result AMBUJACEM, INFRATEL, BHEL, CANBK, DISHMAN, GRUH, JSWSTEEL, JUBLFOOD Result BHARATFIN, BHARTIARTL, BIOCON, CESC, DRREDDY, ITC, MARUTI, RSSOFTWARE Result HCLTECH, ICICIBANK, ONMOBILE Result JKCEMENT, NTPC Daily Calls INTRADAY BASIC CALLS DATE 26/07/18 26/07/18 26/07/18 Service Cash Future Option Stock Name RITES RELIANCE FUT SRTANSFIN 1300 CE Entry Price 214 1119 75 Exit 220 1122 80.80 Profit/loss 8333 3900 4980 HNI CALLS DATE 26/07/18 26/07/18 26/07/18 Service Future Cash Option Stock Name EXIDE FUT HAVELLS SRTRANSFIN 1300 CE Entry Price 271 615 42 Exit 272.30 630 56.20 Profit/loss 26000 24390 62400 Report by Senior Researcher : Miss Namrata Otwani

  7. Daily Newsletter ; Page 7 DISCLAIMER Entering our site means that you have read, understood and agreed to everything that is written and implied in this disclaimer note. RESEARCH is published solely for informational purposes and must in no way be construed as investme7nt advice for a specific individual. The information and views in this website & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Investment in equity shares, futures, options and commodities has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. The information contained herein is from sources believed reliable. We do not represent that it is accurate, complete and it should not be relied upon as such. Any action taken by you on the basis of the information contained in this site is your responsibility only and we will not be liable in any manner for the consequences of such action taken by you. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Reports or any other information provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. By accessing our site or any of its associate/group sites, you have read, understood and agree to be legally bound by the terms of the following disclaimer and user agreement Star India Market Research and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Research House is not responsible for any technical failure or malfunction of the software or delays of any kind. We are also not responsible for non- receipt of registration details or e-mails. You understand and agree that no joint venture, partnership, employment or agency relationship exists between you and Research House as a result of this agreement or on account of use of our website. Price and availability of products and services offered on the site are subject to change without prior notice. We provide information about the availability of products or services to a certain extent but you should not rely on such information. Star India will not be liable for any lack of availability of products and services you may order through the site. www.starindiaresearch.com

More Related