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Daily Equity Report - Star India Market Research

Nifty witnessed a volatile trading session before ending the session on a flat note as tracking broader Asia as investors trimmed exposure to riskier assets amid a political crisis in Italy, ahead of F&O expiry for the month of May. Buying movement can be seen if able to give breakouts of 10650 mark and sustain above it while on lower side 10540 will act as an immediate support for now.

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Daily Equity Report - Star India Market Research

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  1. ; Daily Equity Report 31-5-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance Nifty witnessed a volatile trading session before ending the session on a flat note as tracking broader Asia as investors trimmed exposure to riskier assets amid a political crisis in Italy, ahead of F&O expiry for the month of May. Buying movement can be seen if able to give breakouts of 10650 mark and sustain above it while on lower side 10540 will act as an immediate support for now. R1/R2 10710/10820 S1/S2 10540/10400 Daily Chart:

  2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance After gap down opening, Bank Nifty could not sustain on lower side as well as given recovery from its day low and ends in green territory. For now short term buying may seen, if able to give breakouts of 26360 than it may head towards 26650 mark. R1/R2 26650/26950 S1/S2 25900/25500 Daily Chart: Technical Outlook Top Losers Top Gainers M&M BAJFINANCE COALINDIA YESBANK HINDPETRO HINDALCO GRASIM TATAMOTORS 306.3 237.7 1,037.15 288.95 894.5 2,130.00 288.75 343.9

  3. ; Daily Newsletter Page 3 Stock Corner: Shares of Eveready Industries slipped 3% after the company posted a net loss of Rs16cr in the March quarter due to a spike in operating costs. It had reported a net profit of Rs10.5cr in the same quarter last year. The company’s revenue from operations has increased to Rs349.7cr in Q4FY18 over Rs317cr in the Q4FY17. Glenmark Pharma sets up committee to assess feasibility of housing API and Consumer care business in separate business entity. Shares of Mahindra & Mahindra (M&M) gains after the company reported a strong 50% year on year growth in consolidated net profit at Rs 11.55 billion in March 2018 quarter 1. (Q4FY18). It had profit of Rs 7.7 billion in the same quarter last fiscal. Shares of Glenmark Pharmaceuticals tanks after the company reported a decline of 17% in its consolidated net profit at Rs 1.52 billion for the quarter ended March 2018 (Q4FY18), on account of de-growth in US business. The drug company had profit of Rs 1.84 billion in the same quarter last fiscal. Dilip Buildcon dips after the company reported 11% year on year (YoY) growth in its consolidated net profit at Rs 2.18 billion in March 2018 quarter (Q4FY18). The net profit growth during the quarter was lowest in past six quarters. State Bank of India has hiked interest rates on its retail fixed deposits for short to medium term by up to 25 bps with effect from May 28, 2018. Vedanta ordered by Tamil Nadu government to seal and permanently close the copper smelter plant at Tuticorin. Dalmia Bharat Sugar to sell its wholly-owned subsidiaries' Dalmia Solar Power and Dalmia Sugar Ventures to the promoters. 2. 3. 4. 5. 6. 7. 8. Stock in ban period BALRAMCHIN, DHFL, GMRINFRA, IDBI, IDFCBANK, JPASSOCIAT, JUSTDIAL, RCOM.

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks NBCC FUT Trend of stock is bearish as well stock ends near around its support, breakouts are expected . INTRADAY 96.50 98.50 100 94 92.50 91 90 Bearish R1 R2 R3 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 5214000 95.80 94.05 6000 94.70 LEVEL S1 S2 S3 All over trends

  5. Daily Newsletter ; Page 5 KOTAKBANK FUT Stock traded higher with sustainable buy side volume and settled near the resistance level. The stock may give breakout if breaks the drawn level. INTRADAY 1325 1350 1380 1309.70 1265 1240 1220 BULLISH R1 R2 R3 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 8559200 1305.60 1267.50 800 1289.30 LEVEL S1 S2 S3 All over trends

  6. Daily Newsletter ; Page 6 Event Calendar (28th May to 02nd June) 28/05/18 (Mon) 29/05/18 (tues) 30/05/18 (wed) 31/05/18 (thurs) 01/06/18 (Fri) 02/06/18 (sat) Result Result BPCL, CCCL, COALINDIA, DISHTV, GATI, IOB ETC Result 8KMILES, ALANKIT, ANANTRAJ, BHARATGAS, BFUTILITIES ETC GDP Quarterly (YoY) (Q4) @ 5:30 PM - - ASTRAMICRO, DBREALTY, COXKINGS, DOLPHINOFF, GSFC, KWALITY ETC Daily Calls INTRADAY BASIC CALLS DATE 30/05/18 30/05/18 30/05/18 Service Future Future Option Stock Name BAJFINANCE FUT RELINFRA FUT TATAELXSI 1240 CE Entry Price 2120 437 19 Exit 2126 439 23.40 Profit/loss 3000 2600 5040 HNI CALLS DATE 30/05/18 30/05/18 30/05/18 Service Option Option CASH Stock Name MINDTREE 1020 CE TVSMOTOR 590 CE JINDALPOLY Entry Price 16.70 9.25 248 Exit 20 12 260 Profit/loss 19800 13750 9678 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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