qwertyuiopasdfghjklzxcvbnmqwerty

uiopasdfghjklzxcvbnmqwertyuiopasd
fghjklzxcvbnmqwertyuiopasdfghjklzx
cvbnmqwertyuiopasdfghjklzxcvbnmq
wertyuiopasdfghjklzxcvbnmqwertyui
opasdfghjklzxcvbnmqwertyuiopasdfg
hjklzxcvbnmqwertyuiopasdfghjklzxc
vbnmqwertyuiopasdfghjklzxcvbnmq
wertyuiopasdfghjklzxcvbnmqwertyui
opasdfghjklzxcvbnmqwertyuiopasdfg
NIFTY OUTLOOK
hjklzxcvbnmqwertyuiopasdfghjklzxc
REPORT
vbnmqwertyuiopasdfghjklzxcvbnmq
th
30 June 2017
wertyuiopasdfghjklzxcvbnmqwertyui
opasdfghjklzxcvbnmqwertyuiopasdfg
hjklzxcvbnmrtyuiopasdfghjklzxcvbn
mqwertyuiopasdfghjklzxcvbnmqwert
yuiopasdfghjklzxcvbnmqwertyuiopas
 30th June 2017

NIFTY

NIFTY SPOT : R1:9545 R2:9561 R3:9586

PIVOT : 9510 S1:9490 S2:9455 S3:9410

NIFTY INTRADAY CHART

NIFTY OUTLOOK
Nifty is likely to open in a negative note. Bears are likely to serve by bulls in the party. Intraday traders are
advised to adopt sell on rise strategy for the session. Momentum indicators like rsi are indicating towards
bearish sessions ahead. Positional traders are advised to keep their stop loss at 9400 for the longs.

Strategy: short nifty around 9475 with a stop loss of 9510 for the target of 9400.

Name Current Value Change % Chg Open High Low

FTSE 100 (Jun 29) 7,350.32 -37.48 -0.51 7,387.80 7,451.95 7,341.75
CAC 40 (Jun 29) 5,154.35 -98.55 -1.91 5,268.23 5,272.94 5,143.82
DAX (Jun 29) 12,416.19 -231.08 -1.86 12,707.48 12,729.18 12,396.13
Nikkei 225 (Jun
30) 19,997.50 -222.8 -1.11 20,025.63 20,044.01 19,946.51
Straits Times (Jun
30) 3,228.89 -29.76 -0.92 3,243.79 3,246.10 3,224.17

Hang Seng (Jun 30) 25,744.01 -221.41 -0.86 25,679.64 25,767.39 25,661.43

Taiwan Weighted
(Jun 30) 10,356.63 -65.02 -0.63 10,367.26 10,385.92 10,329.84

SGX Nifty (Jun 30) 9,488.00 -41 -0.43 9,521.00 9,548.00 9,446.50

WWW.EQUITYRESEARCHLAB.COM
 30th June 2017

CORPORATE NEWS

Wall Street ends lower

US stocks ended lower on Thursday with the S&P 500 and the Dow industrials suffering their worst
daily percentage drops in about six weeks largely weighed down by technology stocks.

The technology sector, which has led the S&P 500's 8-percent gain for the year, dropped 1.8 percent,
and were the worst-performing major group, said a Reuters report.

The Dow Jones Industrial Average fell 167.58 points, or 0.78 percent, to 21,287.03, the S&P 500 lost
20.99 points, or 0.86 percent, to 2,419.7 and the Nasdaq Composite dropped 90.06 points, or 1.44
percent, to 6,144.35.

SGX Nifty

The Nifty50 futures on the Singapore Stock Exchange were trading 2 points higher at 9,504 indicating
a flat opening for the domestic market. Economists polled by Reuters had expected GDP growth to be
unrevised at 1.2 percent in the first quarter.

The economy tends to underperform in that period relative to the rest of the year due to perennial
issues with the calculation of the data. The government has said it is working to resolve those issues.

US first quarter economic growth revised up

The US economy slowed less than feared in the first quarter due largely to a jump in consumer
spending. Gross domestic product increased at a 1.4 percent annual rate instead of the 1.2 percent
reported last month, the Commerce Department said in its final assessment for the period on Thursday,
said a report.

US dollar falls, bond yields edge higher

The euro and sterling rose on Thursday and US bond yields spiked as hawkish comments from central
banks signalled an end to ultra-loose monetary policy on both sides of the Atlantic, said a Reuters
report.

The dollar index touched its lowest since October before Donald Trump was elected US president. The
dollar index fell 0.46 percent, with the euro up 0.55 percent to USD 1.1439.

WWW.EQUITYRESEARCHLAB.COM
 30th June 2017

ERL RESEARCH TEAM

Member Name Designation E-mail ID

Mr. Tuhinanshu Jain Research Head Tuhinanshu.jain@equityresearchlab.co.in
Mr. Manish Bimal Sr. Research Analyst Manish.bimal@equityresearchlab.co.in

DISCLAIMER

The information and views in this report, our website & all the service we provide are believed to be
reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have
the right to choose the product/s that suits them the most. Investment in Stocks has its own risks.
Sincere efforts have been made to present the right investment perspective. The information contained
herein is based on analysis and up on sources that we consider reliable. We, however, do not vouch
for the accuracy or the completeness thereof. This material is for personal information and we are not
responsible for any loss incurred based upon it & takes no responsibility whatsoever for any financial
profit s or loss which may arise from the recommendations above. The stock price projections shown
are not necessarily indicative of future price performance. The information herein, together with all
estimates and forecasts, can change without notice.

Equity Research Lab does not purport to be an invitation or an offer to buy or sell any financial
instrument. Analyst or any person related to Equity Research Lab might be holding positions in the
stocks recommended. It is understood that anyone who is browsing through the site has done so at his
free will and does not read any views expressed as a recommendation for which either the site or its
owners or anyone can be held responsible for. Any surfing and reading of the information is the
acceptance of this disclaimer.

Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our
calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly
or indirectly by them. If found so then Serious Legal Actions can be taken. Any surfing and reading of
the information is the acceptance of this disclaimer.

ALL RIGHTS RESERVED.

WWW.EQUITYRESEARCHLAB.COM