Outlook of Nifty & Bank Nifty Today

1. ; Daily Equity Report 24-8-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance Nifty traded in a tight range right through the day after opening gap up at lifetime highs of 11,620. IT and Pharma stocks were the star performers in today’s trade with Nifty IT and Nifty Pharma Index closing 1.29% and 1.11% higher, respectively. 11650/11700 R1/R2 11550/11500 S1/S2 Daily Chart:

2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Bank Nifty, however, witnessed selling pressure ending the weekly expiry at 0.81% lower at 28,027. Bank Nifty ends with bearish candle for the second time in a row as well as selling pressure may continue in Index. 28400/28500 R1/R2 28000/27820 S1/S2 Daily Chart: Technical Outlook Top Losers Top Gainers TECHM DRREDDY NTPC HCLTECH TATAMOTORS BPCL IOC HINDPETRO 256.55 358.5 153.65 260.1 728.9 2,467.90 164.5 1,026.00

3. ; Daily Newsletter Page 3 Stock Corner: Larsen & Toubro approved a buyback proposal of 6 crore shares, amounting to Rs 9,000 crore, at a price of Rs 1,500 apiece. This is a premium of 13.45 percent as of Tuesday’s closing price of Rs 1,322.15. The stock closed 1.9% higher. Nestle India share price rallied nearly 6 percent after partnering with Flipkart to launch MAGGI Special Masala noodles. As a part of the partnership, from August 21 consumers can pre-book MAGGI Special Masala Noodles on Flipkart, the company said. The stock hit a record high of Rs 1590. Granules India got an approval for ANDA from the USFDA for Ranitidine Tablets USP (150 1. mg) and Cool Mint (OTC-150 mg). Ultratech Cement got an approval from Competition Commission of India for acquiring Century Textiles and Industries’ cement business. BPCL clarified that a media report on the company plans to shut its Mumbai refinery for two months is factually incorrect. Tata Motors announced a launch of compact SUV Nexon in Sri Lanka priced between 1.99mn and 4.6mn Sri Lankan rupees. HDFC inked pact with Manipal Integrated Services for an acquisition of 30.5 lakh shares, representing 25.01% share capital of Good Host Spaces at a cost of Rs69.5cr. Jet Airways to consider cost reduction initiatives and turnaround plan on Aug 27. GE Power bagged an order from BHEL to supply 1 6F.03 turbine & a generator, which will be installed at HPCL’s refinery at Vizag in India. Welspun Corp entered into an agreement for supply of 56 KMT of pipes for oil & gas project in the America. 2. 3. 4. 5. 6. 7. 8. 9. 10. Stock in ban period JISLJALEQS,RAYMOND.

4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks TORNTPHARMA FUT TCS has been gradually rising towards all time highs and the upper consolidation so seen in the stock is expected to surge out and move higher. INTRADAY R1 R2 R3 1812.50 1865 1900 1792.50 1730 1690 1640 Bullish Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 700500 1784.20 1751.15 500 1768.19 LEVEL S1 S2 S3 All over trends

5. Daily Newsletter ; Page 5 TVSMOTOR FUT Stock formed bullish hammer candle formation on daily chart and closed near to the trend line resistance level so shown. The stock may give breakout ahead. INTRADAY R1 R2 R3 562 575 590 552 530 514 505 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 4113000 550 531.45 1000 542.76 LEVEL S1 S2 S3 All over trends Sideways to Positive

6. Daily Newsletter ; Page 6 Event Calendar (20th to 25th August) 20/08/18 (Mon) 21/08/18 (Tues) 22/08/18 (Wed) 23/08/18 (Thurs) 24/08/18 (Fri) 25/08/18 (sat) Result MAGMA Result MOTILALOFS Result P&G Result GILLETTE - - Market Holiday on occasion of Bakri ID Daily Calls INTRADAY BASIC CALLS DATE 23/08/18 23/08/18 23/08/18 HNI CALLS Service Future Future Option Stock Name BATAINDIA FUT RAYMOND FUT MINDTREE 1040 CE Entry Price 1038 805 32.55 Exit 1046 810 35.90 Profit/loss 8800 4000 5520 DATE 23/08/18 23/08/18 23/08/18 Service Future Option Option Stock Name HAVELLS FUT DIVISLAB 1280 CE UBL 1400 CE Entry Price 705 30 30.90 Exit 708.80 40 43.80 Profit/loss 19000 40000 65100 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