Equity WEEKLY REPORT FORMAT 24 APRIL 2017

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Nifty index negated its formation of making lower lows of last nine trading sessions and formed a Bullish candle on the daily chart.

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 Trade House 426 Alok Nagar Kanadia Main Road Near Bangali Square Indore-452001 M.P. India Mobile :+91-9039261444 E-mail: infotradenivesh.in Telephone :+91-731-698.3000 24 Apr. to 28 Apr. 2017 Monday-Friday

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 2 MARKET SUMMARY Nifty index negated its formation of making lower lows of last nine trading sessions and formed a Bullish candle on the daily chart. Candlestick pattern for last two days resem- bles a bullish engulfing pattern. However short-term bullish reversal on chart with stock specific buying interest indicates that bulls are not ready to lose their grip by looking at major market trend. Companies results also affect the market trend. U.S. and South Ko- rean officials have been saying for weeks that the North could soon stage another nuclear test something the United States China and others have warned against . Due to expiry of FO Market we can see the changes in the market. INDIAN SECTORIAL INDICES INDICES CHANGE weekly NIFTY AUTO 9858.80-0.48 NIFTY BANK 21551.45 -0.62 NIFTY FMCG 23229.80 -1.18 NIFTY IT 10008.15-0.55 NIFTY AUTO 9858.80 -0.48 NIFTY METAL 2905.25 -2.68 NIFTY PHARMA 10208.50 -3.07 NIFTY INFRA 3196.95 1.16 NIFTY ENERGY 12193.80 0.71 NIFTY REALTY 164.20 -33.33 INDICES VALUE CHANGE weekly CHANGE weekly NIFTY 9119.40 -31.4 -0.34 SENSEX 29365.30 -96.15 -0.32 BANK NIFTY 21551.45 -135.15 -0.62 INDIAN MARKETS

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 3 Losers of the Week Symbol CMP change SUN PHARMA IND 639.60 -7.67 ICICI BANK 269.15 -4.83 COAL INDIA 277 -4.83 YES BANK 1544.15 -4.47 AXIS BANK 486.25 -4.20 Gainers of the Week Symbol CMP change GRASIM IND. 1129.75 7.53 GAIL INDIA 399.50 5.21 HDFC BANK 1496.60 3.91 INDIABULLS HUSING 989.90 3.46 POWER GRID 205.60 2.80 GLOBAL INDICES WEEKLY U.S. DJIA SP 500 NASDAQ 205480.5 23490.8 59111.8 EUROPEAN CAC 40 DAX FTSE 100 5059.20-0.23 12048.57-0.49 7114.55-2.90 ASIAN NIKKEI HANG SENG SHANGHAI COM. 18620.751.55 24042.02-0.90 3173.15-2.19 MOVERS SHAKERS LAST WEEK INDIAN CURRENCY WEEKLY USD-INR EUR-INR GBP-INR JPY-INR USD INDEX 64.49 0.21 69.15 0.66 82.64 2.22 59.19 0.10 99.66 -0.82

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 4 RELIANCE Results/Dividend 24-Apr-17 SANWARIA Results/Others 24-Apr-17 WENDT Results/Dividend 24-Apr-17 ULTRACEMCO Results/Dividend 24-Apr-17 HEXAWARE Results/Dividend 24-Apr-17 IBULHSGFIN RALLIS Results/Dividend 24-Apr-17 INDIANB Results/Dividend 25-Apr-17 SWARAJENG Results/Dividend 25-Apr-17 ICICIPRULI Results/Dividend 25-Apr-17 MMFIN Results/Dividend 25-Apr-17 LICHSGFIN Results/Dividend 25-Apr-17 WELSPUNIND NUCLEUS Results/Dividend 25-Apr-17 ZEELEARN Results/Dividend 25-Apr-17 NUCLEUS Results/Dividend 25-Apr-17 KKCL Results/Dividend 25-Apr-17 CANFINHOME Results/Dividend 25-Apr-17 ZENSARTECH Results/Dividend 25-Apr-17 IDFCBANK Results/Dividend 25-Apr-17 PERSISTENT Results/Dividend 25-Apr-17 LICHSGFIN Results/Dividend 25-Apr-17 WIPRO Results/Dividend 25-Apr-17 LAKSHVILAS Results/Dividend 26-Apr-17 AXISBANK Results/Dividend 26-Apr-17 GICHSGFIN Results/Dividend 26-Apr-17 KPIT Results/Dividend 26-Apr-17 TATASPONGE Results/Dividend 26-Apr-17 STRTECH SUPPETRO Results/Dividend 26-Apr-17 HIL SQSBFSI SYNGENE Results/Dividend 27-Apr-17 KOKUYOCMLN Results/Dividend 27-Apr-17 MOTILALOFS Results/Dividend 27-Apr-17 UTTAMSUGAR Results/Others 27-Apr-17 BIOCON Results/Dividend 27-Apr-17 HATSUN Results/Others 27-Apr-17 BIOCON Results/Others 27-Apr-17 UJJIVAN Results/Dividend 27-Apr-17 RELCAPITAL Results/Dividend 27-Apr-17 SRTRANSFIN Results/Dividend 27-Apr-17 MARUTI Results/Dividend 27-Apr-17 KOTAKBANK Results/Dividend 27-Apr-17 TATAELXSI Results/Dividend 27-Apr-17 HATSUN Results/Dividend 27-Apr-17 DEEPAKNTR Results/Dividend 28-Apr-17 RAYMOND Results/Others 28-Apr-17 NAVINFLUOR Results/Dividend/Stock-split 28-Apr-17 CEATLTD Results/Dividend 28-Apr-17 CHOLAFIN Results/Dividend 28-Apr-17 UPL NAVINFLUOR Results/Dividend 28-Apr-17 FEDERALBNK Results/Dividend 28-Apr-17 SEINV Results/Dividend 28-Apr-17 SUPREMEIND Results/Dividend 28-Apr-17 COROMANDEL Results/Dividend 28-Apr-17 KITEX Results/Dividend/Bonus 28-Apr-17 IDFC Results/Dividend 28-Apr-17 RUSHIL ASTRAMICRO Results/Dividend 29-Apr-17 CORPORATE ACTIONS THIS WEEK Symbol Purpose Date Symbol Purpose Date

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 5 RESUL TS CALENDER OF THIS WEEK Symbol Purpose Date BRFL Preferental issue 25-Apr-17 MMFIN Meetng Updates 25-Apr-17 SHILPI Board Meetng Adjourned 25-Apr-17 IPCALAB ESOPs/ESOS/ESPS 25-Apr-17 Symbol Purpose Date PENINLAND Raising of Funds 24-Apr-17 BRIGADE Raising of Funds 25-Apr-17 NUCLEUS Buyback 25-Apr-17 IPCALAB ESOPs/ESOS/ESPS 25-Apr-17 PRAKASHCON Scheme of Arrangement 26-Apr-17 SRIPIPES Raising of Funds 29-Apr-17 JSWHL TIMESGTY 24-Apr-17 RAJASPETRO IPAPPM RAJASPETRO ANANDAMRUB PERSISTENT 25-Apr-17 TATASPONGE FOSECOIND KSBPUMPS 26-Apr-17 TFL MENONBE MAHINDCIE GTL IBVENTURES SYNGENE IBREALEST TVSMOTOR GTLINFRA MARALOVER 27-Apr-17 BIRLAMONEY ACROPETAL DICIND UNIENTER AMBUJACEM RPGLIFE VSSL MAHLIFE UTTAMSTL COROMANDEL ASAL KESORAMIND SHIRPUR-G 28-Apr-17 UVSL JSWENERGY INDOWIND MOREPENLAB 29-Apr-17 OTHER CORPORATE ACTIONS THIS WEEK

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 6 TECHNICAL VIEW NIFTY FUTURE is looking weak technically it is giving sell signals on both daily and weekly charts. As expected the index is respect- ing the breakout of small “Head Shoulders” pattern on daily charts and on weekly charts it is preparing red bearish candles since last three weeks. Though Nifty traded in very small range it seems that it will soon test 9000 level which is a neckline support of “ DOUBLE TOP” in the index. But for now we advise a sell from 9150 for the targets of 9030 and 8900 with strict stop loss of 9300. . NIFTY WEEKL Y OUTLOOK WEEKLY R3 9342.6 R2 9280.2 R1 9199.8 Pivot 9137.5 S1 9057.1 S2 8994.7 S3 8914.3 WEEKLY CLOSE 9119.40 OPEN 9144.75 HIGH 9217.90 LOW 9075.15 CHANGE -31.4 CHANGE -0.34

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 7 TECHNICAL VIEW BANKNIFTY last week stayed weak. Even after preparing a bullish candlestick pattern it could not sustain above the high. And lost some gains. The index is preparing “Double Top” chart pattern on the high but soon it has a support near current low and it seems as if it will respect that level. So if it crosses that support and sustains below it than only the pattern will succeed. Till than we feel bank nifty will see some gains so sell it from some high around 21600 for the targets of 21400 and 21200 with strict stop loss of 21830. . NIFTY BANK WEEKL Y OUTLOOK WEEKLY R3 22431 R2 22189 R1 21870.2 Pivot 21628.2 S1 21309.4 S2 21067.4 S3 20748.6 WEEKLY CLOSE 21551.5 OPEN 21700.50 HIGH 21947.00 LOW 21386.20 CHANGE -135.15 CHANGE -0.62

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 8 TECHNICAL VIEW DLF FUTURE 27 -April-2017 DLF FUTURE is a buy counter this week. The stock has outperformed with more than 6 gains on Friday. Realty industry has some good news so stocks have volatility. DLF has broken an important resistance and closed above it on weekly and daily charts. So we advise to buy it above 189 for the targets of 191.5 and 194 sl 187. WEEKL Y RECOMMENDATIONS DLF FUTURES WEEKLY R3 236.37 R2 206.42 R1 194.63 Pivot 176.47 S1 164.68 S2 146.52 S3 116.57 WEEKLY CLOSE 182.85 OPEN 160.70 HIGH 188.25 LOW 158.30 CHANGE 22.30 CHANGE 13.88

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 9 TECHNICAL VIEW HINDUSTAN ZINC FUTURE SELL 27 -April-2017:- HINDUSTAN ZINC FUTURE is a selling counter for this week. The scrip announced very good Q4 results yet it could not maintain the gains and on contrast it fell down to close with a bearish candlestick. It has a “Flag” kind of chart pattern on weekly charts which gives upside breakout but the scrip is yet to touch the low for that so we advise you to sell it from some upper level around 275 for the targets of 271 and 267 with strict stop loss of above 280. WEEKL Y RECOMMENDATIONS HINDZINC FUTURE WEEKLY R3 314.07 R2 294.87 R1 283.63 Pivot 275.67 S1 264.43 S2 256.47 S3 237.27 WEEKLY CLOSE 273.40 OPEN 282.95 HIGH 286.90 LOW 267.70 CHANGE -9.1 CHANGE -3.22

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 10 TECHNICAL VIEW SHIVAM AUTO BUY SHIVAM AUTO this week seems to be good pick to buy. The stock has a clear “Double bottom” chart pattern on the extreme bottom and since consecutive 3 weeks the stock is preparing good green candlesticks and good volumes. The volume rose spontaneously in last session and the scrip is near breakout now. So we advise to buy it from around 59-59.5 for the targets of 61 and 63 with strict stop loss of 57.5. OUR WEEKLY RECOMMENDATIONS SHIVAM AUTO CASH WEEKLY R3 79.67 R2 67.42 R1 63.33 Pivot 55.17 S1 51.08 S2 42.92 S3 30.67 WEEKLY CLOSE 59.25 OPEN 50.00 HIGH 59.25 LOW 47.00 CHANGE 10.00 CHANGE 20.30

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 11 TECHNICAL VIEW TAKE SOLUTIONS BUY TAKE SOLUTIONS seems to have a strength to maintain an upside small rally as it is taking support around current low again and again. Though it did not have a heavy volumes while reversal but it may not be in a mood to break the support so considering sup- port 124 as strict stop loss we advise a buy in it from around 130 for the targets of 135 and 140. WEEKLY RECOMMENDATIONS TAKE SOLUTIONS CASH WEEKLY R3 151.72 R2 141.47 R1 137.18 Pivot 131.22 S1 126.93 S2 120.97 S3 110.72 WEEKLY CLOSE 132.90 OPEN 131.60 HIGH 135.50 LOW 125.25 CHANGE 2.6 CHANGE 1.99

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 12 STATUS OF OUR LAST WEEKL Y RECOMMENDATIONS SYMBOL TATA STEEL SEGMENT FUTURE SELL 465 TG1 459 TG2 455 SL 470 ACHIVED 2 ND TARGET HIGH IS 443.55 SYMBOL UPL SEGMENT FUTURE SELL 726 TG1 716 TG2 705 SL 740 ACHIVED SL HIT SYMBOL ROYAL ORCHID SEGMENT CASH BUY 102.5 TG1 108.5 TG2 115 SL 97.5 ACHIVED 2 ND TARG. HIGH IS 119.95 SYMBOL PRIME FOCUS SEGMENT CASH BUY 119 TG1 125 TG2 135 SL 113 ACHIVED NOT EXECUTED

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 13 STOCKS IN NEWS RELIANCE INDUSTRIES- Reliance Industries on Wednesday said it has commissioned the worlds largest and most complex ethane plant at its Dahej petrochemical complex in Gujarat in record time costing about 1.5 billion. NARAYANA HRUDAYALAYA :- Narayana Hrudayalaya has entered into an agreement with Panacea Biotec to fully acquire its subsidiary NewRise Healthcare for an enterprise value of Rs. 180 crore. The company has "entered into a definitive agreement to acquire 100 per cent stake in NewRise Healthcare Pvt Ltd from Panacea Biotec Ltd to announce its first hospital in Gurugram" Narayana Hrudayalaya said in a BSE filing today . New Rise Healthcare has set up a multi-speciality hospital in Gurugram which is in final stages of completion and is expected to be commissioned within the next 9 months. This transaction is intended to consolidate Narayana Hrudayalayas footprint in the northern cluster. JAYPEE GROUP :- Jaypee Group today said it has arranged funds from banks to start constructon on its various real estate projects and deliver it to customers. Jaypee Group is facing protest from buyers because of signifcant delays in executon of its projects in Noida and Greater Noida where it is developing over 30000 fats. NALCO :- Nalco stake sale the governments first PSU stake sale in the current fiscal year got off to a solid start with retail investors putting in bids for 1.81 times the shares on offer. Over 1.93 crore shares were offered to retail buyers on Thursday. The issue got subscribed 1.81 times till 2:45 pm. Bidding will continue till the close of market. The offer for sale OFS opened to institutional investors on Wednesday wherein foreign fund houses and domestic institutions bid for 1.84 times the shares on offer. WIPRO :- The countrys third largest software services firm Wipro is learnt to have fired hundreds of employees as part of its annual "performance appraisal". According to sources Wipro has shown the door to about 600 employees while speculation was rife that the number could go as high as 2000.At the end of December 2016 the Bengaluru-based company had over 1.79 lakh employees. ADITYA BIRLA GROUP:- Vodafone has agreed to sell 9.5 per cent additional stake to Aditya Birla Group for Rs 130 per share after they merge their telecom operations to create the countrys largest operator worth more than USD 23 billion.

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 14 SYMBOL WEEK CLOSE SUPPORT ZONE PIVOT POINT RESISTANCE ZONE SUP.2 SUP.1 RES.1 RES.2 NIFTY 50 9119.4 9035.7 9077.6 9130.6 9172.5 9225.5 INFRATEL 353 341.3 347.1 351.7 357.6 362.2 RELIANCE 1405 1359.1 1382 1401.5 1424.5 1444 HDFCBANK 1498.7 1438 1468.3 1483.7 1514 1529.4 NTPC 167 162.6 164.8 166.2 168.4 169.7 TECHM 427.5 417.6 422.5 427.2 432.1 436.8 IBULHSGFIN 990 965.1 977.5 987.8 1000.2 1010.5 HINDALCO 187.9 181.6 184.8 187.7 190.9 193.8 INDUSINDBK 1437.7 1423 1430.4 1437.4 1444.8 1451.8 ASIANPAINT 1065 1046.3 1055.6 1063.6 1072.9 1080.9 EICHERMOT 25650 25372.6 25511.3 25664.4 25803 25956.1 ONGC 180.1 178.3 179.2 180.6 181.5 183 LT 1686.7 1667.8 1677.2 1689.5 1698.9 1711.2 TATAPOWER 84.3 82.8 83.6 84.5 85.2 86.1 HEROMOTOCO 3202 3178 3190 3204 3216 3230 DRREDDY 2613 2590.3 2601.6 2618.3 2629.6 2646.3 YESBANK 1543 1504.5 1523.7 1543.3 1562.5 1582.1 AUROPHARMA 633.3 621.9 627.6 635.8 641.5 649.6 BAJAJ-AUTO 2826 2799.1 2812.5 2827.9 2841.3 2856.7 BHARTIARTL 342 337.1 339.5 342.8 345.2 348.5 TATAMTRDVR 270.7 267.5 269.1 271.2 272.8 274.9 AXISBANK 486 475.1 480.5 488.8 494.2 502.5 GAIL 400 390.3 395.2 402.1 406.9 413.8 HCLTECH 811 799.8 805.4 813.4 819 827.1 INFY 922.5 912.4 917.5 926.1 931.2 939.8 KOTAKBANK 884 867.7 875.8 886.7 894.8 905.7 TCS 2312 2281.6 2296.8 2316.2 2331.4 2350.9 SYMBOL WEEK CLOSE SUPPORT ZONE PIVOT POINT RESISTANCE ZONE SUP.2 SUP.1 RES.1 RES.2 ULTRACEMCO 3982 3922.5 3952.3 3993.4 4023.1 4064.2 BPCL 716.4 704.8 710.6 719 724.8 733.1 IOC 424.3 416.5 420.4 427 430.9 437.5 BOSCHLTD 22415 22120.3 22267.7 22478.8 22626.2 22837.3 TATAMOTORS 440.2 431.2 435.7 442.1 446.6 452.9 SBIN 282.4 275.1 278.8 282.9 286.5 290.6 AMBUJACEM 239.1 235 237 240 242 245 COALINDIA 277 273.1 275 278.4 280.3 283.7 TATASTEEL 450.3 441.8 446 453.4 457.6 465 HDFC 1503.2 1471.2 1487.2 1507 1523 1542.8 HINDUNILVR 906.7 891 898.8 911.4 919.2 931.8 ACC 1495.5 1472.1 1483.8 1497.7 1509.4 1523.2 ZEEL 527.9 519.3 523.6 530.6 534.9 541.9 MM 1257.2 1242.8 1250 1262.3 1269.5 1281.9 ICICIBANK 269.1 263.2 266.1 270 272.9 276.8 POWERGRID 206 200.1 203.1 206.8 209.7 213.4 LUPIN 1407.2 1389.7 1398.5 1414.9 1423.7 1440.1 MARUTI 6182 6100 6141 6218 6259 6336.1 ITC 275.2 267.3 271.2 276.6 280.5 285.9 CIPLA 565 555.9 560.5 567.2 571.8 578.5 GRASIM 1126.2 1105.9 1116 1133.2 1143.3 1160.5 ADANIPORTS 326 317.5 321.8 328.4 332.6 339.2 BANKBARODA 175.4 171.1 173.2 176.6 178.8 182.2 WIPRO 487.5 470.9 479.2 491.3 499.6 511.7 WEEKLY PIVOT T ABLE

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WEEKLY REPORT 24 Apr. to 28 Apr. 2017 15 This document is solely for the personal information of the recipient and must not be singularly used as the basis of any investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment in the securities of the companies referred to in this document including the merits and risks involved and should consult their own advisors to determine the merits and risks of such an investment. Reports based on technical and derivative analysis center on studying charts of a stocks price movement outstanding posi- tions and trading volume. The information in this document has been printed on the basis of publicly available information internal data and other reliable sources believed to be true but we do not represent that it is accurate or complete and it should not be relied on as such as this document is for general guidance only. Trade Nivesh shall not be in any way respon- sible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Trade Nivesh has not independently verified all the information contained within this document. Accordingly we cannot testify nor make any representation or warranty express or implied to the accuracy contents or data contained within this document. While Trade Nivesh endeavors to update on a reasonable basis the information discussed in this ma- terial there may be regulatory compliance or other reasons that prevent us from doing so. Investment in equity Commodity market has its own risks. We Trade Nivesh shall not be liable or responsible for any loss or damage that may arise from the use of this information. DISCLAIMER

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