slide 1: WEEKLY REPORT
1 May to 5 May. 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
1
st
May. to 5
th
May. 2017
Monday-Friday
slide 2: WEEKLY REPORT
1 May to 5 May. 2017
2
MARKET SUMMARY
The market on the last trading day of the week consolidated. The Sensex corrected by
111-points to close below 30000 at 29918 but the Nifty managed to keep its head above
9300 mark. The Bank Nifty outperformed . The only big risk as of now besides GST im-
plementation and valuation theory is external aggression between North Korea and US
especially after the remark passed by the President . Upcoming results of companies will
affect the market .
INDIAN SECTORIAL INDICES
INDICES
CHANGE
weekly
NIFTY AUTO 10255.15 1.02
NIFTY FINANCE 9066.05 2.82
NIFTY FMCG 23229.80 1.91
NIFTY IT 9943.70 -0.64
NIFTY COMSUMP 4106.80 2.93
NIFTY METAL 2974.40 2.38
NIFTY PHARMA 10120.90 -0.85
NIFTY INFRA 3255.20 1.82
NIFTY ENERGY 12263.55 0.57
NIFTY REALTY 251.05 52.89
INDICES VALUE CHANGE weekly
CHANGE
weekly
NIFTY 9304.05 184.65 2.02
SENSEX 29918.40 553.10 1.88
BANK NIFTY 22358.25 806.80 3.74
INDIAN MARKETS
slide 3: WEEKLY REPORT
1 May to 5 May. 2017
3
Losers of the Week
Symbol CMP change
LUPIN 1338.35 -4.94
AURO PHARMA 606.75 -4.18
TECH MAH 416.95 -2.50
TCS 2273.15 -1.63
NTPC 164.50 -1.63
Gainers of the Week
Symbol CMP change
ACC 1626.5 8.77
BANKBARODA 187.55 7.05
ULTRATECH 4248.95 6.80
MM 1335.55 6.15
GAIL INDIA 423.95 6.12
GLOBAL INDICES WEEKLY
U.S.
DJIA SP 500 NASDAQ
20920 1.81 2383.001.07 6047.612.3
EUROPEAN
CAC 40 DAX FTSE 100
5267.334.11 12438.013.23 7203.941.25
ASIAN
NIKKEI HANG SENG SHANGHAI COM.
19196.743.09 24615.132.38 3154.57-0.58
MOVERS SHAKERS LAST WEEK
INDIAN CURRENCY WEEKLY
USD-INR EUR-INR GBP-INR JPY-INR USD INDEX
64.53
0.06
70.61
2.11
83.57
1.12
59.19
-2.01
98.89
-0.77
slide 4: WEEKLY REPORT
1 May to 5 May. 2017
4
CORPORATE ACTIONS THIS WEEK
SYMBOL PURPOSE DATE
TTKPRESTIG Interim Dividend 2-May-17
CRISIL Interim Dividend 3-May-17
ITDCEM AGM/Dividend 3-May-17
BEARDSELL Bonus 4-May-17
VESUVIUS Dividend 4-May-17
IBULHSGFIN Interim Dividend 4-May-17
HEXAWARE Interim Dividend 5-May-17
TCS Buyback 5-May-17
HATSUN Interim Dividend 5-May-17
RSYSTEMS Annual General Meeting 8-May-17
GMBREW AGM/Dividend - 9-May-17
GODREJCP Interim Dividend 16-May-17
NESTLEIND AGM/Dividend 19-May-17
CASTROLIND AGM/Dividend 25-May-17
MERCK AGM/Dividend 25-May-17
slide 5: WEEKLY REPORT
1 May to 5 May. 2017
5
RESUL TS CALENDER OF THIS WEEK
BHARATFIN DABUR DCMSHRIRAM ORIENTCEM 1-May-17
TCIFINANCE INOXLEISUR SHRIRAMCIT RBLBANK COMPINFO SHRIRAMCIT 2-May-17
JMFINANCIL RBLBANKDEEPINDKANSAINER MARICO 2-May-17
MERCKSUNCLAYLTDZANDUREALTSHANTIGEARACCELYAAJANTPHARM 3-May-17
ICICIBANKDHFLIGPLAPLLTDVARDHACRLCVMART 3-May-17
LTTSTBZEVERESTINDSHANTIGEARATFLKPRMILL 3-May-17
RSYSTEMSKAYAINTELLECT 3-May-17
NEXTMEDIASHANTIGEAROBEROIRLTYGALLANTTHCC 4-May-17
GREAVESCOTLTITATACOMMWOCKPHARMAMAHABANKPTLASTEC 4-May-17
BASFLTFHGALLISPATHDFCMRFEXIDEIND EMAMILTD 4-May-17
RAJTVHDFCCERAIIFLGODREJPROP 4-May-17
ORIENTCEM 5-May-17
RAINGNASANOFIAPCOTEXINDEQUITAS 5-May-17
GOKULAGROFSLSPARCTRILUNIVCABLES 5-May-17
GESHIPSHOPERSTOPDALMIASUGBLUEDARTVISAKAINDAPOLLOTYRE 5-May-17
NIITTECHSHANKARABSEMONSANTOATULEICHERMOT 5-May-17
slide 6: WEEKLY REPORT
1 May to 5 May. 2017
6
TECHNICAL VIEW
NIFTY FUTURE on weekly charts made a new high breaking previous high Though on daily charts since last two sessions it is facing
some consolidation and correction due to profit booking for FO expiry and last session of the week. But on weekly base it seems to
be bullish. So we advise to buy it above 9380 for targets of 9500 and 9600with stop loss below 9250.
NIFTY WEEKL Y OUTLOOK
WEEKLY
R3
9740.45
R2
9503.85
R1
9403.95
Pivot
9267.25
S1
9167.35
S2
9030.65
S3
8794.05
WEEKLY
CLOSE
9304.05
OPEN
9135.35
HIGH
9367.15
LOW
9130.55
CHANGE
184.65
CHANGE
2.02
slide 7: WEEKLY REPORT
1 May to 5 May. 2017
7
TECHNICAL VIEW
BANKNIFTY has shown excellent performance in last week. Bulls had the control in the index though out the week It gained around
850 points with good volumes and closed with a green bullish candlestick. Now if it keeps sustaining above 22300 it will see some
higher levels. so buy it on a small dip around 22300 for the targets of 22500 and 22800 with strict stop loss of 22100.
.
NIFTY BANK WEEKL Y OUTLOOK
WEEKLY
R3
23715.33
R2
22910.98
R1
22634.62
Pivot
22106.63
S1
21830.27
S2
21302.28
S3
20497.93
WEEKLY
CLOSE
22358.25
OPEN
21591.90
HIGH
22383.00
LOW
21578.65
CHANGE
806.80
CHANGE
3.74
slide 8: WEEKLY REPORT
1 May to 5 May. 2017
8
TECHNICAL VIEW
KTK BANK FUTURE BUY 25 –MAY -2017
KTK BANK FUTURE has crossed resistance and rallied with heavy volumes. KTKBANK remained range bound to bearish though out
the week but in last trading session it spurt and closed above the resistance along with a very bullish candlestick. So we feel it will
further move upside. Moreover banks are already performing good. So we advise you to buy it above 166.5 for the targets of 169 and
172 with strict stop loss of 163.5.
WEEKL Y RECOMMENDATIONS KTK BANK FUTURES
WEEKLY
R3
188.80
R2
175.00
R1
170.00
Pivot
161.20
S1
156.20
S2
147.40
S3
133.60
WEEKLY
CLOSE
165.00
OPEN
154.90
HIGH
166.20
LOW
152.40
CHANGE
10.2
CHANGE
3
slide 9: WEEKLY REPORT
1 May to 5 May. 2017
9
TECHNICAL VIEW
PETRONET FUTURE SELL 25– MAY -2017:-
PETRONET FUTURE is looking week. It is trading around top of the charts and signaling a reversal from there as it has closed with
an “Engulfing Bear” kind of candlestick pattern. And a “Descending Triangle” on daily charts. So sell it if it keeps trading below 422.5
from 422 for 415 and 408 with strict stop loss of 432.
WEEKL Y RECOMMENDATIONS PETRONET FUTURE
WEEKLY
R3
465.57
R2
447.87
R1
437.68
Pivot
430.17
S1
419.98
S2
412.47
S3
394.77
WEEKLY
CLOSE
427.50
OPEN
436.10
HIGH
440.35
LOW
422.65
CHANGE
-7.55
CHANGE
-1.73
slide 10: WEEKLY REPORT
1 May to 5 May. 2017
10
TECHNICAL VIEW
JAICORP LTD BUY
JAICORP LTD looks a good deal for this week it turned from support where it was consolidating since long and remained up with
great volumes. The stock has given breakout of imp level and closed above it. It seems good in all daily weekly and monthly charts.
So if it keeps moving above 90 one can buy it above this level for the targets of 94 and 100 with strict stop loss of 83.
OUR WEEKLY RECOMMENDATIONS JAICORP LTD CASH
WEEKLY
R3
105.83
R2
97.38
R1
93.67
Pivot
88.93
S1
85.42
S2
80.48
S3
72.03
WEEKLY
CLOSE
90.35
OPEN
86.25
HIGH
92.45
LOW
84.00
CHANGE
4.85
CHANGE
5.67
slide 11: WEEKLY REPORT
1 May to 5 May. 2017
11
TECHNICAL VIEW
ESSDEE BUY
ESSDEE is looking good on charts It reversed back from support and after eating previous day’s losses it has closed with long bull-
ish candlestick. It has a trend line around this level if it sustains above it. It is good to buy. So we advise to buy it above 53 for the tar-
gets of 55.5 and 59 with strict stop loss of 50.
WEEKLY RECOMMENDATIONS ESSDEE CASH
WEEKLY
R3
62.82
R2
57.77
R1
54.63
Pivot
52.72
S1
49.58
S2
47.67
S3
42.62
WEEKLY
CLOSE
51.50
OPEN
55.85
HIGH
58.85
LOW
50.80
CHANGE
-1.7
CHANGE
-3.19
slide 12: WEEKLY REPORT
1 May to 5 May. 2017
12
STATUS OF OUR LAST WEEKL Y RECOMMENDATIONS
SYMBOL HINDUSTAN ZINC
SEGMENT FUTURE
SELL 275
TG1 271
TG2 267
SL 280
ACHIEVED 2 ND TARGET HIGH IS 265.65
SYMBOL DLF
SEGMENT FUTURE
BUY 189
TG1 191.5
TG2 194
SL 187
ACHIEVED 2ND TARGET HIGH IS 197.75
SYMBOL SHIVAM AUTO
SEGMENT CASH
BUY 59
TG1 61
TG2 63
SL 57.5
ACHIEVED 1ST TARG.ET High Is 62
SYMBOL TAKE SOLUTIONS
SEGMENT CASH
BUY 130
TG1 135
TG2 140
SL 124
ACHIEVED HIGH 134
slide 13: WEEKLY REPORT
1 May to 5 May. 2017
13
STOCKS IN NEWS
AMTEK AUTO On April 28 2017 Ancient Suppliers bought 3975000 shares of Amtek Auto at Rs 38.75 on the NSE. On Friday Amtek Auto ended at Rs 39.30
up Rs 6.10 or 18.37 percent on .
LUPIN likely to have got Voluntary Action Indicated VAI status for Goa plant from USFDA. VAI means USFDA will not take or recommend regulatory action
against company .
DLF Realty major DLF and SBI have tied up to provide preferred treatment to their customers in loans and pricing for housing projects in Gurugram.
INFOSYS IT major Infosys has launched its new artificial intelligence platform Nia which can help businesses forecast revenues understand customer behav-
iour as well as deep dive into content of contracts and deal with compliance and fraud .
MARUTI SUZUKI Maruti Suzuki India is likely to pay royalty to its Japanese parent Suzuki Motor Corp for all its models in rupee terms by 2025 which could
lower the annual outgo.
KOTAK MAHINDRA BANK Private sector lender Kotak Mahindra Bank KMB today announced that it is buying out British partner Old Mutuals entire 26
per cent stake in its life insurance arm for Rs. 1292.7 crore.
UNION BANK The company in its meeting held on April 28 approved to raise total capital funds up to Rs 6350 crore during FY2017-18 in the form of core eq-
uity capital and/or additional tier 1 AT1 bonds and/or tier 2 bonds subject to maximum issue of Rs 4800 crore within overall limit of Rs 6350 crore of addi-
tional tier 1 AT1 bonds and/or tier 2 bonds.
FORTIS HEALTHCARE has received a notice from the Maharashtra Food and Drug Administration FDA for its two hospitals in Mumbai for reusing single-
use medical devices and overcharging the patients for the products.
DR REDDY’S LABORATORIES Drug major Dr Reddy’s Laboratories today said the US health regulator has issued 11 observations after inspecting its man-
ufacturing plant in Hyderabad .
TRILOCHAN CORPORATE SERVICES On April 28 2017 Trilochan Corporate Services sold 1405253 shares of Gyscoal Alloys at Rs 10.11 on the NSE .
HDFC LTD The board of directors in its meeting on May 4 will consider the proposal for issuance of rupee-denominated bonds to overseas investors up to an
amount not exceeding Rs 5000 crore under automatic route during 2017-18 .
slide 14: WEEKLY REPORT
1 May to 5 May. 2017
14
SYMBOL WEEK
SUPPORT ZONE
PIVOT
RESISTANCE ZONE
SUP.2 SUP.1 RES.1 RES.2
NIFTY 50
9216.3
9249.3 9276.7
9309.7
9337.1 9225.5
ONGC
173.5
176.5 181.3
184.2
189 362.2
BANKBARODA
176.5
179.1 183.4
186
190.2 1444
SBIN
276.1
279.3 284.4
287.6
292.6 1529.4
MARUTI
6205.2
6297.9 6404.4
6497.1
6603.7 169.7
HINDALCO
181.5
186.9 192.9
198.3
204.4 436.8
BOSCHLTD
21868.3
22146.7 22523.3
22801.7
23178.3 1010.5
ASIANPAINT
1090.3
1097.8 1109.9
1117.4
1129.5 193.8
ICICIBANK
267.6
270.2 274.1
276.7
280.6 1451.8
IBULHSGFIN
974.5
984.9 1001.2
1011.6
1028 1080.9
TATAMTRDVR
270.2
273 276.4
279.2
282.6 25956.1
ADANIPORTS
315.7
318.7 322.6
325.5
329.4 183
HEROMOTOCO
3253.3
3270.7 3305.3
3322.7
3357.3 1711.2
GAIL
407.7
411.4 417.2
420.9
426.7 86.1
COALINDIA
270.5
272.3 274.6
276.4
278.7 3230
SUNPHARMA
631.8
634.5 638.7
641.5
645.7 2646.3
TATAMOTORS
447.6
451 455.2
458.6
462.8 1582.1
HCLTECH
783.7
791.7 803.9
812
824.2 649.6
EICHERMOT
25717.4
25843.7 25996.9
26123.2
26276.3 2856.7
TATASTEEL
430.4
438.1 443.3
451
456.1 348.5
AXISBANK
493.1
498.8 503.9
509.6
514.7 274.9
POWERGRID
203.9
204.9 206.7
207.7
209.4 502.5
NTPC
161.7
162.6 163.5
164.4
165.3 413.8
BAJAJ-AUTO
2801.5
2827.8 2849.4
2875.7
2897.3 827.1
AUROPHARMA
581
592.6 600.3
611.8
619.5 939.8
TATAPOWER
83
83.5 84.1
84.6
85.2 905.7
GRASIM
1101.5
1125.7 1139.5
1163.7
1177.5 2350.9
SYMBOL
WEEK
CLOSE
SUPPORT ZONE
PIVOT
POINT
RESISTANCE ZONE
SUP.2 SUP.1 RES.1 RES.2
LUPIN 1259.8 1289.3 1313.1 1342.6 1366.4 4064.2
DRREDDY
2554.1
2568.8 2583.4
2598.1
2612.7 733.1
MM 1293.2 1305.4 1320.7 1333 1348.3 437.5
WIPRO 483.5 486.8 491.1 494.4 498.8 22837.3
ULTRACEMCO 4154.2 4185.1 4208.1 4239 4262 452.9
YESBANK 1600.7 1611.3 1623.6 1634.1 1646.4 290.6
ZEEL 510 514.3 521.4 525.7 532.8 245
INFY 903.5 909.5 915.3 921.3 927.1 283.7
IOC 419.1 426 433.5 440.4 447.9 465
ACC 1580.1 1593.1 1609 1622 1638 1542.8
BHARTIARTL 343.6 347.1 351 354.5 358.4 931.8
CIPLA 546.5 550.7 553.4 557.7 560.4 1523.2
LT 1712 1726.1 1737.6 1751.7 1763.1 541.9
RELIANCE 1354.1 1372.6 1383.4 1401.9 1412.7 1281.9
TCS 2231.7 2249.8 2262.4 2280.6 2293.2 276.8
HINDUNILVR 915.6 923.9 928.9 937.2 942.3 213.4
INDUSINDBK 1393.7 1417.3 1433.5 1457.1 1473.3 1440.1
BPCL 691.8 704.3 714.8 727.2 737.7 6336.1
HDFCBANK 1512 1524.5 1534.8 1547.3 1557.6 285.9
KOTAKBANK 876.5 888.7 895.4 907.6 914.3 578.5
AMBUJACEM 236.6 240.2 242.6 246.2 248.6 1160.5
TECHM 399.8 407.9 412.6 420.7 425.4 339.2
HDFC 1490.3 1511.2 1524.1 1545.1 1558 182.2
INFRATEL 335.4 344.4 350.6 359.5 365.7 511.7
WEEKLY PIVOT T ABLE
slide 15: WEEKLY REPORT
1 May to 5 May. 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
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