WEEKLY EQUITY NEWSLETTER 14-FEB-2020 20-FEB-2020

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Email US: Thegrssolutiongmail.com Infothegrssolution.com Info WEEKLY EQUITY NEWSLETTER 14 TH FEB TO 20 TH FEB 2019 +91 6232995233

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Contact Us: +91 6232995233 www.TheGRSsolution.com MARKET UPDATES  Vodafone Idea reported a consolidated loss of Rs 6439 crore for the December quarter as compared with a Rs 5005-crore loss in the same period in 2018-19. This is higher than analyst estimates which had pegged the loss at Rs 4000 crore after being in the red by a record Rs 50922 crore in the September quarter. Exceptional items in the quarter were valued at Rs 633 crore largely on account of integration and merger-related costs. While a large part of the liabilities on account of aggregate gross revenues AGRs was in the September quarter just over Rs 30000 crore the company made a Rs 53-crore balance provision for those in the December quarter.  Bharti Ariel shares jumped 5 per cent to a fresh lifetime high of Rs 565 on the BSE on Friday as investors bet on a potential duopoly in the Indian telephony market after the Supreme Court today rejected the telcos review plea on adjusted gross revenues AGR payments. In a major setback for the telecom companies the Supreme Court rejected the plea seeking new schedule of AGR payments. Coming down heavily on the Department of Telecommunications DoT for not taking coercive action against telcos for failing to repay the apex court ordered contempt proceedings against Bharti Airtel and Vodafone Idea.  Shares of Ircon International rallied 9 per cent and hit a new high of Rs 572 on the BSE on Friday after reporting margin improvement of 185 basis points in the quarter ended December 2019 Q3FY20. The stock of the state-owned construction engineering company was trading at its highest level since listing on September 28 2018. In the past three trading days the stock has surged 29 per cent as compared to a marginal 0.35 per cent rise in the SP BSE Sensex. The core competence of Ircon is in railways highways extra high tension substation engineering and construction.  Page Industries shares slipped 8 per cent to Rs 21650 on the BSE on Friday after the company reported a sharp 500 basis points decline in operating profit margins in December quarter Q3FY20 due to higher expenses. Page Industries is engaged in the manufacturing distribution and marketing of innerwear at leisure sleepwear and swimwear for men women and kids. It is the exclusive licensee of Jockey International for manufacture distribution and marketing of the JOCKEY brand in India. In Q3FY20 the earnings before interest tax depreciation and amortization Ebitda margin declined to 17 per cent from 22 per cent in Q3FY19. Net profit was down by 14.6 per cent year-on-year YoY at Rs 87 crore against Rs 102 crore in the corresponding quarter of previous fiscal.  IndusInd Bank shares slipped 4 per cent to hit an over three-year low of Rs 1182 on the BSE on Friday amid concerns over rising bad loans. The private sector lenders stock was trading at its lowest level since January 10 2017. It has now fallen below its previous low of Rs 1192 touched on October 11 2019. In the past six trading days IndusInd Banks stock price has slipped 11 per cent as compared to a marginal 0.17 per cent rise in the benchmark SP BSE Sensex. On February 11 rating agency Moody’s downgraded the private lender’s outlook to negative from stable on account of the risk of further asset quality deterioration.

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Contact Us: +91 6232995233 www.TheGRSsolution.com NIFTY TOP GAINERS/LOOSERS GAINERS

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Contact Us: +91 6232995233 www.TheGRSsolution.com LOOSERS

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Contact Us: +91 6232995233 www.TheGRSsolution.com WORLD INDICES

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Contact Us: +91 6232995233 www.TheGRSsolution.com TECHNICAL VIEW:- NIFTY RECOMMENDATION: – NIFTY IS VOLATILE ITS REVERSE FROM DOWN TRENDLINE OF ONE DAY WITH RESISTANCE TECHNICAL CHART SHOW BEARISH ENGULDING CANDLE PATTERN BREAKOUT WITH MOVING AVERAGE INDICATOR SHOWS SELL SINGLE. SO TRADER CANS SELL BELOW 12100 TG-12050 TG-12000 TG-11950 SL- 12175

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Contact Us: +91 6232995233 www.TheGRSsolution.com BANK NIFTY RECOMMENDATION: – NIFTY BANK IS VOLATILE ITS REVERSE FROM DOWN TRENDLINE OF ONE DAY WITH RESISTANCE TECHNICAL CAHRT SHOW BANK NIFTY MAKING BEARISH ENGULFING CANDLE PATTERN BREAKOUT WITH MOVING AVERAGE INDICATOR SHOWS SELL SINGLE. SO TRADER CAN SELL BELOW 30850 TG-30750 TG-30650 TG-30550 SL – 31000

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Contact Us: +91 6232995233 www.TheGRSsolution.com CALL OF THE WEEK:- BHARTIARTL RECOMMENDATION: – AS YOU SEEN IN THE TECHNICAL CHART THAT BHARTIARTL BREAKOUT FLAG PATTERN WITH RESISTANCE SHOW BUY SIGNAL SO TRADER CAN MAKE THEIR POSITION BUY ABOVE 567.5 TG- 575 TG-582 TG-590 SL 555

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Contact Us: +91 6232995233 www.TheGRSsolution.com HCLTECH RECOMMENDATION: – AS YOU SEEN IN THE CHARTS THAT HCLTECH BULLISH TREND PRVIOUS HIGH BREAKOUT SHOWS BUY SIGNAL SO TRADER CAN MAKE THEIR POSITION BUY ABOVE 623.5 TG- 635 TG- 645 TG- 655 SL 610

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Contact Us: +91 6232995233 www.TheGRSsolution.com Disclaimer: Its views and tips by experts it’s a study of market we present and we don’t assure you happen it’s a predictions and website or its management dont responsible for it. TheGRSsolution.com advises users to get Register with company - THE GRS SOLUTION and trade with certified experts before taking any investment decisions. References: 1. Best Intraday Tips 2. Bank Nifty Future Tips 3. Stock Future Tips 4. Stock Cash Tips 5. Nifty Future Tips 6. Option Tips 7. MCX Tips

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