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Daily Equity Report

Nifty opened gap up on Wednesday and traded with a positive bias throughout the day. The benchmark index managed to end the day near the high point of the day at 11,450, up 60 points. The index formed a bullish candle on the daily charts after two successive bearish candles. The next crucial resistance for the index is placed at 11,500-11530 while support is placed at 11,330,

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Daily Equity Report

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  1. ; Daily Equity Report 09-8-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance Nifty opened gap up on Wednesday and traded with a positive bias throughout the day. The benchmark index managed to end the day near the high point of the day at 11,450, up 60 points.The index formed a bullish candle on the daily charts after two successive bearish candles. The next crucial resistance for the index is placed at 11,500-11530 while support is placed at 11,330, R1/R2 11500/1200 S1/S2 11350/11250 Daily Chart:

  2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Bank Nifty closed above the 28,000-mark for the first time and ended 186 points higher at 28,062. Nifty PSU Bank Index was the best performing sectoral index and closed 0.89% higher. R1/R2 28200/28500 S1/S2 27800/27400 Daily Chart: Technical Outlook Top Losers LUPIN MARUTI HINDPETRO BPCL Top Gainers ONGC RELIANCE CIPLA INFRATEL 822.15 9,210.00 283.9 388.95 172.8 1,220.80 644.1 292.5

  3. ; Daily Newsletter Page 3 Stock Corner: Drug maker Cipla on Wednesday reported a 10 percent rise in its net profit for the June quarter to Rs 451 crore, primarily due to better sales across its key markets India, US and South Africa. Cipla had reported a net profit of Rs 408.8 crore for the corresponding quarter a year ago. BEML net loss widens, The company’s Q1FY19 net loss has increased to Rs 160.3 crore against loss of Rs 85.1 crore in the same quarter last fiscal. Revenue was down 28 percent at Rs 454 crore versus Rs 637.1 crore. EBITDA loss was at Rs 137 crore versus loss of Rs 63.5 crore. 1. Share price of Bharat Electronics (BEL) rose 3.7 percent as company for supply and services of LRSAM systems. The company has entered into contracts with Mazagon Dock Shipbuilders (MDL), Mumbai and Garden Reach Shipbuilders and Engineers (GRSE), Kolkata for supply and services of LRSAM systems for 7 ships being built by MDL and GRSE, for the new ship building program. Lupin Q1 earnings The company has reported a 43 percent year-on-year decline in net profit to Rs 202.8 crore in the June quarter. PAT was much below analysts' estimates on a subdued US business. The company had posted a net profit of Rs 358.1 crore during the same period last year. A Reuters poll of analysts estimated net profit at Rs 347.6 crore in the first quarter on a revenue of Rs 4,084.8 crore. Drug maker Cipla is likely to report a net profit of Rs 390.4 crore for the first quarter of FY19, going by an average of estimates of analysts polled by Reuters. The rise in the company's net profit will be led by improved sales in India and South Africa and some gain in market share for its recent generic launches in the US market. 2. 3. 4. 5. Stock in ban period ADANIENT, ADANIPOWER, JETAIRWAYS, PNB.

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks BEL FUT Stock closed above its important resistance zone which can be seen in below daily charts if able to give breakouts and sustain above it than big buying movement is expected. INTRADAY R1 R2 R3 125.50 131 135 121.80 110 105 95 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 27616050 121.75 115.20 4950 119.04 LEVEL S1 S2 S3 All over trends Sideways to Positive

  5. Daily Newsletter ; Page 5 BAJFINANCE FUT Stock gains as much as and given breakouts of its immediate resistance and closed above it which indicates buying in stock. INTRADAY 2900 2950 3000 2832 2755 2650 2520 Bullish R1 R2 R3 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 8611500 2832 2756.45 500 2801.15 LEVEL S1 S2 S3 All over trends

  6. Daily Newsletter ; Page 6 Event Calendar (06th to 11th August) 06/08/18 (Mon) 07/08/18 (Tues) 08/08/18 (Wed) 09/08/18 (Thurs) 10/08/18 (Fri) 11/08/18 (sat) Result Result Result 8KMILES, BEML, BPCL, CIPLA, HINDPETRO, INDIANB, LUPIN, NDTV Result BAJAJELEC, BHARATFORG, GNFC, KSCL, MRF, TATACOMM Result Result ADANIPORTS, DANIPOWER, ARVIND, BRITANNIA, DENABANK, HUL. ADANITRANS, DOLPHINOFF, EDELWEISS, INOXWIND, PNB, PTC, SRF, TVSMOTOR APOLLOHOSP, CGPOWER, GAIL, IGL, JETAIWAYS, NCC AMARAJABAT IOC, MRPL, NBCC Daily Calls INTRADAY BASIC CALLS DATE 08/08/18 08/08/18 08/08/18 HNI CALLS Service Cash Future Option Stock Name STAR ASIANPAINT FUT PIDILITIND 1120 CE Entry Price 400 1436 27 Exit 416 1448 30.50 Profit/loss 20000 7200 5000 DATE 08/08/18 08/08/18 08/08/18 Service Future Future Option Stock Name NIITTECH FUT BATAINDIA FUT IGL 300 PE Entry Price 1293 963 14.50 Exit 1301 967.70 17 Profit/loss 30000 25850 34375 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 investment 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

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