Trade Nivesh Equity weekly report 24-09-2016

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Trade House 426 Alok Nagar Kanadia Main Road Near Bangali Square Indore-452001 M.P. India Mobile :+91-9039261444 Equity WEEKLY REPORT 26-SEP-2016

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GLOBAL MARKET WEEKLY INDICES CLOSE CHANGE DOW JONES 18261.45 0.75 NASDAQ 5305.75 1.16 CAC 40 4488.69 3.60 DAX 10626.97 3.41 FTSE 100 6909.43 2.88 NIKKEI 16754.02 1.42 HANG SENG 23686.48 1.50 SHANGHAI COM. 3033.79 1.03 NIFTY WEEKLY TOP GAINERS SCRIPT CLOSE CHANGE HINDALCO 154.45 8.27 EICHER MOTORS 24853.20 7.43 AURO PHARMA 841.15 7.13 BHARTI INFRATEL 370.65 5.43 YES BANK 1233.15 5.42 NIFTY WEEKLY TOP LOSERS SCRIPT CLOSE CHANGE AXIS BANK 557.45 -7.43 LUPIN 1489.45 -3.12 IDEA CELLULAR 82.50 -3.11 ITC 253.45 -2.65 TECH MAHINDRA 454.60 -2.30 INDIAN MARKET WEEKLY OUTLOOK INDIAN INDICES WEEKLY INDICES CLOSE CHANGE NIFTY 8831.55 0.58 SENSEX 30 28668.22 0.24 NIFTY 500 7554.90 0.90 NIFTY BANK 19901.80 0.23 NIFTY IT 10391.05 -0.07 NIFTY MIDCAP 15672.90 2.19 NIFTY SMALL CAP 6336.65 1.54 INDIAN SECTORIAL INDICES WEEKLY INDICES CLOSE CHANGE NIFTY PHARMA 11798.65 0.62 NIFTY AUTO 10224.95 1.05 NIFTY METAL 2542.00 3.71 NIFTY FMCG 22315.75 -1.96 NIFTY ENERGY 9886.05 2.5 NIFTY INFRA 2902.65 1.32 NIFTY FIN. SER. 8216.65 0.63 NIFTY SER. SEC.. 11160.60 0.45 NIFTY MEDIA 2931.25 0.99 NIFTY REALTY 210.55 2.43 COMMODITY AND CURRENCY WEEKLY INDICES CLOSE CHANGE GOLD COMEX 1341.55 2.15 GOLD INDIAN 31306 1.63 SILVER COMEX 19.760 4.85 SILVER INDIAN 46800 3.42 WTI CRUDE NY. 44.62 3.21 CRUDE INDIAN 2978 3.25 USD-INR 66.65 -0.49 EUR-INR 74.91 -0.53 GBP-INR 86.38 -2.04 JPY-INR 66.04 1.38

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NIFTY WEEKLY OUTLOOK Nifty ended the week marginally up at 8831.55 . Nifty looked week throughout the week on daily charts giving up all the gains of Thursday’s gap up opening. Week was dominated by bears as profit booking dragged the index closer to previ- ous week’s closing. Hovering in the range of 8900 and 8750 levels strong support lies in the range of 8750 to 8690 levels. The resistance can be seen around 8900- 9000 levels. Broad range for Nifty in upcoming week is seen between levels of 8950 and 8690. NIFTY WEEKLY INDEX CLOSE CHANGE CHG. NIFTY 8831.55 51.7 0.58 Nifty Bank ended the week on cautious note closing marginally higher at 19901.80. On week- ly chart the index has closed the week forming a doji pattern followed by a doji of previous week in the same range. Two doji candles near to the top of the uptrend symbolizes the strength of bears. Upside levels can be seen up to levels of 20350 to 20500 if global trend supports. Crucial support lies between 19750-19700. Below this index can drift to 19500-19100. Broad range for the Nifty Bank in the upcoming week is 20350 to 19500. NIFTY BANK WEEKLY INDEX CLOSE CHANGE CHG. NIFTY BANK 19901.80 46.35 0.23 NIFTY BANK WEEKLY OUTLOOK

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WEEKL Y STOCK CASH RECOMMENDATION WEEKLY STOCK RECOMMENDATION WEEKL Y STOCK FUTURE RECOMMENDATION Prestige Estates Project Ltd is moving in strong up trend forming higher bot- tom and higher tops on weekly chart. The stock is trading above 20 day mov- ing average supported by strong RSI indication. Buy Prestige Estates near 215 keeping first target around 225 and second tar- get around 240 maintaining stop loss of Rs.205. PRESTIGE ESTATES PROJECT LTD ENTRY TARGET STOPLOSS 215 225 205 SRF Future 29-SEP-16 has shown strong bullishness with maximum rise in open in- terest and high volume on NSE. Futures touched the life time highs and the up streak from RSI indicates the potential to ascend more supported by strong fundamentals. Buy SRF Future above 1790 keeping first target around 1820 and second target around 1845 maintaining a stop loss below 1775. SRFFUTURE ENTRY TARGET STOPLOSS 1790 1845 1775

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STOCK IN NEWS AXIS BANK Shares of Axis Bank on Friday fell 5.8 the steepest fall in 11 months after news reports indicated that the government may start sell- ing some of its stake in the lender. At the end of the June quarter the govern- ment owned 11.51 in Axis via the Specified Undertaking of Unit Trust of India or SUUTI. The government is currently hiring merchant bankers for divesting stakes held under SUUTI. WELSPUN INDIA Welspun India Ltd. WIL part of the US 2.3 billion Welspun Group is thrilled to an- nounce that it has secured the “Interactive Textile Article and Augmented Reality Sys- tem” patent which protects Welspun’s new product line TILT. The patent covers a sys- tem that has textile material with a design motif and an augmented reality software ap- plication. The software application is de- signed to allow a user to scan the design mo- tif on the textile material and enter an aug- mented reality portal that is thematically re- lated to the design motif. . WEBSOL ENERGY SYSTEM Websol Energy System hit 20 upper cir- cuit after the company announced that the Reserve Bank of India RBI approved the restructuring of outstanding foreign curren- cy convertible bonds FCCBs subject to cer- tain conditions. . GAYATRI PROJECTS Hyderabad-based Gayatri Projects limited has bagged Rs 1255 crore highway contract in joint venture with Russian construction company PTPS for engi- neering procurement and constriction EPC basis from the National Highway Authority of India. INFRA SECTOR Sebi on Friday reduced the required manda- tory sponsor holding in InvITs to 15 per cent and also allowed InvITs to invest in a two- level special purpose vehicle SPV through holding companies. Sebi has also removed the limit on the number of sponsors of InvITs al- lowing consortiums of multiple developers and investors which hold investments in infrastructure projects to explore the- InvIT option. With this infrastruc- ture companies can expect to unlock greater liquidity and a simplified structure. MOREPEN LABORATORIES The company is in talks with Ajay Piramal Group to sell its OTC over-the-counter busi- ness of market leading brands such as Burnol as it plans to monetize some of its mainstream brands when larger rivals look to expand their consumer product portfolio . BHARAT FINANCIAL Shares of Bharat Financial Inclusion rallied 5.6 percent intraday after the company launched its QIP offer worth Rs 750 crore.

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NIFTY STOCKS WEEKLY PIVOT TABLE Last week price Resistance Zone Pivot Point Support Zone Stock Name Week Close Res-3 Res-2 Res-1 Sup-1 Sup-2 Sup-3 NIFTY 8831.6 9033.6 8963.5 8897.5 8827.4 8761.5 8691.4 8625.4 BANKNIFTY 19901.8 20709.3 20487 20194.4 19972.2 19679.6 19457.3 19164.7 SENSEX 28668.2 29282.2 29077.1 28872.7 28667.5 28463.1 28257.9 28053.5 ACC 1613.3 1714.6 1693.3 1653.3 1632 1592 1570.7 1530.7 AMBUJACEM 258.2 276.8 273 265.6 261.9 254.5 250.7 243.3 ASIANPAINT 1192 1257.6 1230.5 1211.3 1184.2 1165 1137.9 1118.7 AXISBANK 556.5 650 631 593.7 574.7 537.4 518.4 481.1 BAJAJ-AUTO 2928 3163.1 3087.7 3007.9 2932.5 2852.6 2777.2 2697.4 BANKBARODA 169.1 181.5 177 173 168.5 164.5 160 156 BHARTIARTL 326.9 344.3 337.2 332 324.9 319.7 312.6 307.4 BHEL 146.1 157.2 153.9 150 146.8 142.9 139.6 135.7 BPCL 603.2 642.6 625.4 614.3 597.1 586 568.8 557.7 CAIRN 196.7 212.9 206.3 201.5 194.9 190.1 183.5 178.7 CIPLA 611.1 646 631.9 621.5 607.4 596.9 582.8 572.4 COALINDIA 329 338.5 336 332.5 330 326.5 324 320.5 DRREDDY 3180 3273.3 3236.7 3208.3 3171.7 3143.3 3106.7 3078.3 GAIL 386 399.2 396.6 391.3 388.7 383.4 380.8 375.5 GRASIM 4896.3 5134.2 5055.1 4975.7 4896.6 4817.2 4738.1 4658.7 HCLTECH 795 827.5 815.7 805.4 793.6 783.3 771.5 761.2 HDFC 1424 1485 1456.1 1440.1 1411.2 1395.1 1366.2 1350.2 HDFCBANK 1312 1354.9 1336.7 1324.3 1306.1 1293.8 1275.6 1263.2 HEROMOTOCO 3519.4 3818.6 3717.7 3618.5 3517.6 3418.4 3317.5 3218.3 HINDALCO 154.3 175.4 166.1 160.2 151 145.1 135.8 129.9 HINDUNILVR 910 930.2 922.4 916.2 908.4 902.2 894.4 888.2 ICICIBANK 271.2 288 283 277.1 272 266.1 261.1 255.2 IDEA 82.2 88.2 86.9 84.6 83.3 81 79.7 77.4 IDFC 61.5 66.3 64.5 63 61.2 59.7 57.9 56.4 INDUSINDBK 1213 1306.4 1268.5 1240.8 1202.9 1175.2 1137.3 1109.6 INFY 1041 1088.8 1078.9 1059.9 1050 1031 1021.1 1002.1 ITC 253.1 270.7 266.6 259.9 255.8 249.1 245 238.3 KOTAKBANK 793.1 833.5 822.9 808 797.3 782.4 771.8 756.9 LT 1491.4 1567.6 1541.8 1516.6 1490.8 1465.6 1439.8 1414.6 LUPIN 1487.1 1615.7 1588.8 1537.9 1511 1460.1 1433.2 1382.3 MM 1411.8 1455.4 1442.5 1427.1 1414.2 1398.8 1385.9 1370.5

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NIFTY STOCKS WEEKLY PIVOT TABLE SCRIP RECOM ENTRY TGT-1 TGT-2 STOPLOSS STATUS ILFS ENGINEERING BUY 58 65 74 47 1st TARGET ENGINEERS INDIA BUY 269 275 291 255 1st TARGET BHEL BUY 136 142 151 130 2nd TARGET MOIL BUY 271 289 306 253 OPEN POSITION CHOLAMANDALAM BUY 1104 1150 1205 1050 OPEN POSITION SBIN BUY 255 274 292 235 OPEN POSITION IBULHSGFIN BUY 825 850 880 800 STOPLOSS VEDANTA LTD BUY 172 185 198 160 OPEN POSITION BANK OF BARODA BUY 165 178 185 150 1st TARGET YES BANK BUY 1390 1450 1510 1340 1st TARGET RBL BANK BUY 300 320 340 280 OPEN POSITION RELIANCE INFRA BUY 610 640 695 570 1st TARGET OUR MONTHL Y RECOMMENDATIONS Last week price Resistance Zone Pivot Point Support Zone Stock Name Week Close Res-3 Res-2 Res-1 Sup-1 Sup-2 Sup-3 MARUTI 5611 5848 5741.1 5676 5569.1 5504 5397.1 5332 NMDC 105.3 112 109.4 107.3 104.7 102.7 100.1 98 NTPC 157 164.2 161.1 159.1 156 153.9 150.8 148.8 ONGC 259.8 278.4 270.9 265.3 257.8 252.3 244.8 239.2 PNB 139.1 148.8 145.3 142.2 138.7 135.6 132.1 129 POWERGRID 176 185.5 182.9 179.5 176.9 173.4 170.8 167.4 RELIANCE 1101.6 1158.2 1133.8 1117.7 1093.4 1077.3 1052.9 1036.8 SBIN 254.3 266.6 262.7 258.5 254.6 250.3 246.4 242.2 SUNPHARMA 778 801.5 796.1 787.1 781.7 772.7 767.3 758.3 TATAMOTORS 554.5 582.6 572.8 563.6 553.8 544.7 534.9 525.7 TATAPOWER 75.7 80.8 79.1 77.4 75.7 74 72.3 70.6 TATASTEEL 371.9 407.2 393.5 382.7 369 358.2 344.5 333.7 TCS 2400 2513.3 2470.7 2435.3 2392.7 2357.3 2314.7 2279.3 TECHM 454 490 482.4 468.2 460.5 446.3 438.7 424.5 ULTRACEMCO 3962.8 4169 4099.5 4031.2 3961.7 3893.3 3823.8 3755.5 VEDANTA 169.9 185.5 178.9 174.4 167.8 163.3 156.7 152.2 WIPRO 480.5 494.1 489.6 485.1 480.6 476.1 471.6 467.1 YESBANK 1231.6 1378.3 1318.7 1275.1 1215.5 1171.9 1112.3 1068.7 ZEEL 525.1 550.5 542.8 533.9 526.2 517.3 509.6 500.7

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This document is solely for the personal information of the recipient and must not be singular- ly 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 investiga- tions as they deem necessary to arrive at an independent evaluation of an investment in the se- curities 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 positions 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 responsible for any loss or damage that may arise to any person from any inad- vertent 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 con- tained within this document. While Trade Nivesh endeavors to update on a reasonable basis the information discussed in this material 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 lia- ble or responsible for any loss or damage that may arise from the use of this information. DISCLAIMER

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