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Share & Stock Reccomedation- Outlook of Nifty & Bank Nifty Today

Nifty up sharply in late morning deals, but rebounded in afternoon to close marginally higher on July 11.

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Share & Stock Reccomedation- Outlook of Nifty & Bank Nifty Today

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  1. ; Daily Equity Report 12-07-2019 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:-Nifty up sharply in late morning Nifty Future Support- Resistance deals, but rebounded in afternoon to close marginally higher on July 11. The index ended above 11,550 after testing logical support of 11613/11648 R1/R2 11,400 and formed Hammer pattern on daily charts that indicates decrease are being bought 11536/11493 S1/S2 near the lower band of the trading range. Daily Chart:

  2. ; Daily Newsletter Page 1 Page 2 Bank Nifty Outlook:- Bank Nifty managed to hold multiple supports of 30,400 and witnessed a strong recovery of 300 points towards 32000. The index closed 10.40 points higher at 31689.75 and formed a Hammer candle near the lower band of the trading range. The pattern indicates support based buying and now it has to hold above 31,500 to witness an up move towards 31800 then32,000 while on the downside major supports exists at 30,750 then 30,600, Bank Nifty Future Support- Resistance 30750/30800 R1/R2 30650/30600 S1/S2 Daily Chart: Top Gainers/Losers Top Losers TECHM ICICIBANK IOC TECHM Top Gainers 665.35 425.85 147 665.35 -1.41 -1.17 -0.78 -1.41 ZEEL JSWSTEEL HEROMOTOCO INDUSINDBK 358 7.59 4.96 4.59 3.61 267.55 2,510.05 1,541.00

  3. ; Daily Newsletter Page 3 Stocks Corner: India’s economy will grow at 7 percent in 2019-20, the Economic Survey 2018-19 projected on July 4, as it laced an optimistic note on the broader economy that is still smarting under agrarian distress, sluggish consumption spending and wobbly investment activity. 1. budget, centering around the Make In India theme to re-industrialize the economy and create manufacturing jobs. The Jet Airways insolvency has brought to fore an issue that the Insolvency and Bankruptcy Code may not have addressed till now.As a part of the insolvency process, the Jet Airways resolution professional called for claims to be filed. Those being called to file also included Jet Airways employees. As NDA 2 gears up for its first Union Budget, all eyes will be on first-time Finance Minister Nirmala Sitharaman. She has her plate full, laden with issues like farmer distress, sluggish investment cycle, flagging exports, among others. But, on top of the heap will be the issue of jobs and the lack of employment opportunities for India's burgeoning young population. A consortium led by Comcast is looking to bid for Zee Entertainment Enterprises, according to a report by The Economic Times. The consortium includes private equity firm Blackstone and James Murdoch’s Lupa Systems, the report added. India's much-awaited new industrial policy is expected to be part of Friday's Union 2. 3. 4. 5. Stocks in ban period DHFL,RELCAPITAL

  4. Daily Newsletter ; Page 4 Page 3 Technical outlook of top 2 stocks TITAN FUT Stock has given breakouts of its supports and able to sustain below it which can be seen in below charts further lower is expected. INTRADAY R1 R2 R3 1313.27 1335.43 1349.07 410 1277.47 1263.83 1241.67 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 85495.85 1328 1292 750 1305.33 LEVEL S1 S2 S3 All over trends Sideways to Negative

  5. Daily Newsletter ; Page 5 TORNTPHARM FUT Stock had given breakouts of its resistance and sustain near around it buying may continue in stock. INTRADAY R1 R2 R3 1556.18 1567.17 1577.73 153.50 1534.63 1524.07 1513.08 Bullish Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 4371.29 1552.10 1532.90 500 1541.90 LEVEL S1 S2 S3 All over trends

  6. ; Daily Newsletter Page 6 DISCLAIMER Entering our site means that you have read, understood and agreed to everything that is written and implied in thisdisclaimer 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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