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Outlook of Nifty & Bank Nifty Today

After days of rally, D-Street took a breather of sorts, after the Reserve Bank of India (RBI) raised its repo rate by 25 bps to 6.5%. The policy comes amid rising inflation and a falling rupee. The widening current account deficit in an election year is also a key monitor able for the policymakers. The Nifty managed to close just below 11,400-mark.

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Outlook of Nifty & Bank Nifty Today

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  1. ; Daily Equity Report 02-8-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance After days of rally, D-Street took a breather of sorts, after the Reserve Bank of India (RBI) raised its repo rate by 25 bps to 6.5%. The policy comes amid rising inflation and a falling rupee. The widening current account deficit in an election year is also a key monitor able for the policymakers. The Nifty managed to close just below 11,400-mark. 11410/11500 R1/R2 11280/11220 S1/S2 Daily Chart:

  2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Bank Nifty tanks central bank's Monetary Policy Committee also increased the reverse repo rate by 25 bps to 6.25%, while keeping a neutral stance on policy. It pegged retail inflation at 4.8 per cent for the second half of the current fiscal. It also kept the GDP forecast for the current fiscal unchanged at 7.4 per cent and saw it at 7.5-7.6 per cent in the second half of the current fiscal. 27880/27930 R1/R2 27475/27050 S1/S2 Daily Chart: Technical Outlook Top Losers HINDALCO ICICIBANK MARUTI VEDL Top Gainers COALINDIA LUPIN IOC INFRATEL 208 297 270.5 844 168.2 293.1 9,327.00 217.95

  3. ; Daily Newsletter Page 3 Stock Corner: Tata Motors arm to stop manufacturing operations in Thailand, to use a distribution model. Jindal Steel and Power received 1lakh tonne order for rails floated by Indian Railways. Two-and-three-wheeler maker TVS Motor Company reported a 18 percent year-on-year rise in July sales, driven by growth across segments. Total sales increased to 3.21 lakh units in month gone by against 2.71 lakh units sold in same period last year. Numbers are ahead of Nomura expectations of 3.11 lakh units. Bank of Baroda closed 3 foreign branches in Oman and Bahrain. 1. 2. Lakshmi Vilas Bank has revised the marginal cost of funds based lending rate (MCLR) with effect from August 1. Battery manufacturer Exide Industries' June quarter profit increased 11.1 percent year- on-year to Rs 210 crore, supported by revenue and operational growth. But it was impacted by higher depreciation (down 28 percent) and tax cost (24 percent). Profit in the year-ago period stood at Rs 189 crore. Shares of Bank of India were down around a percent on Wednesday as investors reacted to its financial performance for the June quarter. The public sector lender reported first quarter profit growth at 8.4 percent year-on-year despite rising provisions and weakening asset quality, beating analyst expectations. 3. 4. 5. 6. 7. Stock in ban period NIL

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks PEL FUT Stock had given breakouts of its strong trend line resistance and trading above it which indicates buying continue in coming session. INTRADAY 2870 2925 2975 2829 2744 2645 2565 Sideways to positive R1 R2 R3 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 1224308 2829 2667.45 302 2769.42 LEVEL S1 S2 S3 All over trends

  5. Daily Newsletter ; Page 5 BATAINDIA FUT Trend of stock is bullish, today ends at all time high with big bullish candle,The stock may trade higher in coming trading sessions. INTRADAY R1 R2 R3 955 970 980 948 930 910 890 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 5274500 947.60 911.15 1100 934.09 LEVEL S1 S2 S3 All over trends BULLISH

  6. Daily Newsletter ; Page 6 Event Calendar (30th July to 09th August) 30/07/18 (Mon) 31/07/18 (Tues) 01/08/18 (Wed) 02/08/18 (Thurs) 03/08/18 (Fri) 09/06/18 (sat) Result ABAN, AXISBANK, CHENNPETRO, ESCORTS, HDFC, IDFC, - Result AJANTPHARM, GSFC, JKPAPER, RAYMOND, TATAMOTORS, TECHM, UPL, VEDL Result APOLLOTYRE, EXIDEIND, JINDALSAW, PIDILITIND, TORRNTPOWER Result MAJJESCO, MARICO, MOIL, ONGC Result CGPOWER, DEN, RCF, SAIL, TITAN Daily Calls INTRADAY BASIC CALLS DATE 01/08/18 01/08/18 01/08/18 HNI CALLS Service Cash Future Option Stock Name ASHOKLEY BEML FUT BATAINDIA 1100 CE Entry Price 116 925 29.80 Exit 119.40 938 33 Profit/loss 14407 6500 4950 DATE 01/08/18 01/08/18 01/08/18 Service Cash Future Option Stock Name CEAT NIITTECH FUT ASHOKLEY 115 CE Entry Price 1400 1234 7 Exit 1419 1241 7.80 Profit/loss 6000 26250 16000 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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