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Stocks in News
NIFTY & SENSEX
Nifty settles below 9650, Sensex consolidates for
second day
Benchmark indices NSE Nifty closed at 9633 lev-
els, lower by 19 points or 0.21%, whereas the BSE
Sensex closed at 31283 levels, lower by 13 points
or 0.04%
While, BSE Mid-cap Index closed up by 0.04% at
14850 whereas, BSE Small-cap Index closed up by
0.11% at 15696.
PAPER STOCKS
Paper stocks gain. Emami Paper Mills (+3%), JK
Paper (+2%), Ballarpur Ind (+1.5%).
Airline stocks gain as oil slips into bear market on
concerns that a global supply glut will persist.
SpiceJet, Jet Airways (+4%), Indigo (+2%).
NELCO stock zooms 8% on heavy volumes. The
company may get orders from the govt in the de-
fence sector, as per media reports.
Market Buzz
Tata Power arm gets order grom Govt to supply
integrated Border Management System to BSF.
Sasken Technologies hits fresh 52-week highs.
Stock is up by 10% with 30x higher volumes then
its last weeks average.
Alembic Pharma stock shines 1.5% on USFDA
approval for hypertension drug.
Nifty Auto Index down 1% on GST woes. Bosch,
Tata Motors (-2%), Eicher, Hero MotoCorp (-1%).
L&T stock gains over 1% after 89 lakh shares
traded in a block deals. SUUTI sold 1% stake in
L&T.
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Closing Bell
Gainers: Wipro, RIL, Kotak Bank (+1%).
Losers: Tata Motors, ONGC (-2%).
BSE FMCG Index up 1%. Dhampur Sugar Mills
(+8%), KCP Sugar Ind (+7%), Britannia (+3%), HUL
(+2%).
Movers and Shakers of the day
Power Grid slips marginally after 13.8 lakh shares
traded in a block deal.
ABB India over 2% over talks of buying out L&Ts
electrical business.
Reliance Capital gets NCLT approval for demerger
and listing of Reliance Home Finance. Stock rallies
2%.
Market Buzz
There were 692 advances, 732 declines and 58 un-
changed stocks on NSE, reflecting a bearish under-
tone floating in the market.
ABB India surged over 2% at Rs 1,532.00 per share
on BSE during pre-lunch hours as ABB Group is in
talks with L&T to acquire its electrical and automa-
tion division, reported a national news daily. The
stock closed at Rs 1506 higher by 0.4%.
SPML Infra was up by 2.4% as the company received
new orders for water supply and irrigation projects
worth Rs 642 crore. The stock closed at Rs 129.10
higher by 4.9%.
Indiabulls Real Estate was the buzzing stock on the
bourses. It is the most active stock by value in the
Wednesdays trading session. The stock at Rs 212.60
higher by 1.7%.
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NSE INDEX LEVELS

DAILY LEVELS WITH TREND

NIFTY FUT BANK NIFTY FUT NIFTY IT FUT
TREND BULLISH TREND BULLISH TREND BEARISH

9680 Resistance 1 23800 Resistance 1 10330

Resistance 1
Resistance 2 9740 Resistance 2 23900 Resistance 2 10400

Support 1 9620 Support 1 23600 Support 1 10240

Support 2 9560 Support 2 23500 Support 2 10160
Strategy BUY BUY Strategy SELL
Strategy

NIFTY PRIVATE BANK INDEX NIFTY PSU BANK INDEX NIFTY METAL INDEX

TREND BULLISH TREND BEARISH TREND BEARISH

Resistance 1 13250
Resistance 1 3500 Resistance 1 3000
Resistance 2 13300 3530
Resistance 2 Resistance 2 3040
Support 1 13150 3450
Support 1 Support 1 2940
Support 2 13100 Support 2 3410
Support 2 2900
NIFTY MIDCAP INDEX NIFTY FMCG INDEX NIFTY SERVICES INDEX

TREND BULLISH TREND BULLISH TREND BULLISH

Resistance 1 12600
Resistance 1 4640 Resistance 1 26200
Resistance 2 12670
Resistance 2 4700 Resistance 2 26400
Support 1 12540
Support 1 4600 Support 1 25900
4560 25700 Support 2 12480
Support 2 Support 2

INTERNATIONAL INDICES
COMMODITIES PRICE CHANGE % CHANGE
DOW JONES 21433 -3 0.01%
NIKKIE 20095 -105 0.50%
HANG SANG 25562 -148 0.58%
DAX 12738 -83 0.65%
FTSE 7376 -38 0.52%
SGX NIFTY 9659 -15 0.15%
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NSE INDEX VIEW

NIFTY

Nifty future is looking bullish on the

charts .In todays trading session Nif-
ty traded with sideways movement
and closed with normal loss. Nifty
has crosses its important resistance
mark of 9650 and sustaining above it.
In upcoming trading sessions up side
movement can be seen in it and it can
test up side levels of 9700 & 9740 if it
crosses its next resistance level of
9680.

BANK NIFTY

Bank Nifty future is looking bullish

on the charts .In todays trading ses-
sion Bank Nifty traded with sideways
movement and closed with normal
loss. Bank Nifty has crossed its im-
portant resistance mark of 23600 and
sustaining above it. In upcoming trad-
ing sessions further up side move-
ment can be seen in it and it can test
up side levels of 23800 & 23900 if it
crosses its next resistance level of
23700.

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TECHNICAL RECOMMENDATION

DAILY CHART

STRATEGY & RECOMMENDATION

KOTAKBANK future is looking bullish on the charts. Stock has crossed its resistance
mark of 980 and sustaining above it . In up coming session it can test up side levels of
1006 & 1016 if it crosses its resistance level of 996.

Recommendation:

BUY KOTAKBANK JUN FUT ABOVE 996 WITH SL OF 986 & TG 1006 & 1016.

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TECHNICAL RECOMMENDATION

DAILY CHART

STRATEGY & RECOMMENDATION

RAYMOND NSE cash is looking bullish on the charts . It has formed a good consolidation on
lower side .In upcoming trading session it can test up side levels of 760 & 765 if it crosses the
next resistance level of 753.

Recommendation:

BUY RAYMOND IN NSE CASH ABOVE 753 WITH SL OF 747 TG1 759 TG2 765.

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