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Daily Equity Report

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Daily Equity Report

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  1. ; Daily Equity Report 24-4-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance Nifty continued to remain resilient; recovering from opening loses to end marginally higher. Nifty IT index ended on record highs as TCS crossed record $100b market-cap during the trade. Across the board buying was witnessed in mid-cap IT stocks, while financials stocks remained under selling pressure for the second day in a row. 10650/10720 R1/R2 10500/10350 S1/S2 Daily Chart:

  2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty remained under selling pressure for the second day in a row as well trades weak against Nifty and ends below 25000 mark. However manage to close above its support and 50 DMA which is good sign to give recovery from current levels. Nifty Future Support- Resistance 25200/25500 R1/R2 24650/24400 S1/S2 Daily Chart: Technical Outlook Top Losers Top Gainers INDUSINDBK M&M BPCL CIPLA HINDALCO IBULHSGFIN UPL VEDL 255 1,880.60 823.05 381.25 601 1,322.00 752 304.3

  3. ; Daily Newsletter Page 3 Stock Corner: Lupin received a final USFDA approval for Tetrabenazine Tablets, 12.5 and 25 mg. This is a generic version of Valeant Pharma’s Xenazine tablet 12.5 mg and 25 mg. Axis Bank commenced succession process for a new chief executive officer and managing director and appoints Egon Zehnder to succession conduct process. Adani Enterprises along with Prakash Asphaltings and Toll Highways (India) have incorporated a joint venture company Bilaspur Pathrapali Road Private Limited in the ratio of 74:26. Reliance says it is not aware of any further investigation undertaken by the I-T department regarding the Rs6,500cr foreign direct investment by Biometrix in the company’s group entities. DLF has sought to allay concerns about slow pace of monetization of land assets. NMDC cuts prices of lump ore and fines by Rs100 each to Rs2,900 per tonne and Rs2,560 per tonne with effect from April 18. Bharti Airtel shares gains on the back of positive news flow that company announces 30GB free data for users upgrading to 4G. 1. 2. 3. 4. 5. 6. 7. Stock in ban period BALRAMCHIN, DHFL, JETAIRWAYS, JPASSOCIAT, TV18BRDCST.

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks SRTRANSFIN Stock rested around its important resistance which can be seen in below Daily charts, breakouts of it can be seen in coming session while volumes also indicates buying in stock. INTRADAY R1 R2 R3 1625 1635 1645 1621.30 1550 1514 1465 BULLSIH Stock Info VOLUME DAY HIGH DAY LOW WEEKLY LOW WEEKLY HIGH 2088600 1616.75 1563.1 1563.10 1616.75 LEVEL S1 S2 S3 All over trends

  5. Daily Newsletter ; Page 5 MCX Stock had given breakouts of its trend line resistance and trading above it while today stock rested around its next immediate resistance and sustained above the 50 DMA. The stock may surpass the drawn resistance level if trades the same.. INTRADAY R1 R2 R3 820 840 860 795.30 733 720 660 SIDEWAYS TO POSITIVE Stock Info VOLUME DAY HIGH DAY LOW WEEKLY LOW WEEKLY HIGH 1315000 794.60 779 779 794.60 LEVEL S1 S2 S3 All over trends

  6. Daily Newsletter ; Page 6 Event Calendar (23rd to 28th April) 23/04/18 (Mon) 24/04/18 (tues) 25/04/18 (wed) 26/04/18 (thurs) 27/04/18 (Fri) 28/04/18 (sat) Result Result Bharti Airtel, GIC housing Finance, IDFC Bank, ICICIPRULI Result WIPRO, GHCL, M&MFIN Result Axis bank, SBI life, Tata Elxsi, Biocon Result IDFC, NELCO, RBL Bank, Shoppers stop Result Canfinhome, Shree cements Bharat finance, Bharti Infratel, GNFC, LIC housing Finance Daily Calls INTRADAY BASIC CALLS DATE 23/04/17 23/04/17 23/04/17 Service Cash Future Option Stock Name KAKATCEM TATAELXSI FUT MINDTREE 1000 CE Entry Price 335 1183 21.75 Exit 343 1191.10 24.70 Profit/loss 7101 9510 3540 HNI CALLS DATE 23/04/17 23/04/17 23/04/17 Service Cash Future Option Stock Name INFY HCLTECH FUT IRB 260 CE Entry Price 1170 1068 11 Exit 1205 1095 15 Profit/loss 29915 63000 10000 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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