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Daily Equity Report

A good recovery in the last hour of trade helped nifty cut big losses and end August series on a slightly better note. However, the Nifty managed to close below 11,700-mark. For the series, Nifty gained around 5 percent, while the Midcap index ended higher by 7 percent.

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Daily Equity Report

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  1. ; Daily Equity Report 30-8-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance A good recovery in the last hour of trade helped nifty cut big losses and end August series on a slightly better note. However, the Nifty managed to close below 11,700-mark. For the series, Nifty gained around 5 percent, while the Midcap index ended higher by 7 percent. R1/R2 11750/11800 S1/S2 11600/11500 Daily Chart:

  2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Bank Nifty relatively outperformed ending 0.28% lower at 28,204. PSU Bank stocks posted strong gains which helped Bank Nifty stem the losses. R1/R2 28410/28550 S1/S2 27820/27400 Daily Chart: Technical Outlook Top Losers Top Gainers SUNPHARMA GAIL TATASTEEL NTPC EICHERMOT BAJFINANCE HINDPETRO INDUSINDBK 27,615.00 2,928.00 253.1 1,873.10 641.8 375 608.3 169.5

  3. ; Daily Newsletter Page 3 Stock Corner: Jet Airways recouped losses but still ended lower by 1.7 percent on Thursday. The airline was in the news on Wednesday after a Business Standard report said that the income tax department was probing a land deal between the airline and Godrej Buildcon land development deal. Shares of government-owned telecom operator MTNL (Mahanagar Telephone Nigam) rose 10 percent intraday on Thursday based on a report that informed about Rs 30,600- crore financial aid from Department of Telecommunications (DoT). Shares of ITI surged 20% to Rs 112 on the BSE after the company said it has received an 1. advance work order (AWO) worth of Rs 66.34 billon from BSNL. NBCC has seen its market capitalisation erode by nearly half since November 2017 highs, despite a healthy and growing order book. The key reason for the weak Street sentiment is that execution has not matched the rising order book, which is also reflecting in the firm’s flat revenues and earnings growth for fiscal year 2018. Shares of select public sector undertaking (PSU) banks were trading higher by up to 11% on the BSE on the report that the government has asked the Reserve Bank of India (RBI) to prepare a list of suitable banks for merger. 2. 3. 4. 5. Stock in ban period NIL.

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks UNIONBANK FUT Union bank had given breakouts of its trend line resistance and closed near around its resistance breakouts could be seen as PSU bank is looking strong in coming session. INTRADAY R1 R2 R3 95 100 105 91.10 85 80 75 Bullish Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 23766000 90.95 86.35 6000 88.53 LEVEL S1 S2 S3 All over trends

  5. Daily Newsletter ; Page 5 SUNPHARMA FUT Stock has retrieved from support level and sustained near its key resistance on daily charts. The stock is expected to give breakout ahead. Technically it is also traded above 20 DMA which support bullish view. INTRADAY R1 R2 R3 650 660 670 640.50 615 595 560 Bullish Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 15292200 640.50 622.65 1100 631.09 LEVEL S1 S2 S3 All over trends

  6. Daily Newsletter ; Page 6 Event Calendar (27th Aug to 01st Sept) 27/08/18 (Mon) 28/08/18 (Tues) 29/08/18 (Wed) 30/08/18 (Thurs) 31/08/18 (Fri) 01/09/18 (sat) Result - Result UNNITECH, PTC - GDP Quarterly (YoY) (Q1) @ 5:30 PM - JETAIRWAYS

  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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