TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )

NIFTY FIFTY : -

Nifty futures/Bank Nifty futures market closed on 9946/24370 According to technical

analysis if Nifty futures and Bank Nifty future moves up-word in tomorrow treading session
then 9975 will be small resistance for Nifty futures and at the same time 24444 will be small
Resistance for Bank Nifty futures, if it break this level then then Nifty futures can touch
10005 level and Bank Nifty futures can touch 24519 level in next few days. It will be hard
resistance for Nifty futures and Bank Nifty futures. Meanwhile in reveres there is small
support on 9918 for Nifty futures and 24280 is for Bank Nifty futures after breaking this
support with volume there is big support for Nifty futures on 9891 and 24280 for Bank Nifty
futures. .

Monday, 11 Sep 2017

TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )

NIFTY

DAILY R2 R1 PP S1 S2
10119 10005 9948 9891 9777

WEEKLY R2 R1 PP S1 S2
10313 10069 9947 9825 9581

MONTHLY R2 R1 PP S1 S2
10340 10080 9950 9820 9560

BANK NIFTY

DAILY R2 R1 PP S1 S2
24847 24519 24355 24191 23863

WEEKLY R2 R1 PP S1 S2
25173 24622 24346 24071 23520

MONTHLY R2 R1 PP S1 S2
25356 24695 24365 24034 23373

MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS

NIFTY 9883 9881 9680 9150

BANK NIFTY 24279 24223 23568 21646

PARABOLIC SAR DAILY WEEKLY MONTHLY

NIFTY 9769 8729 7504

BANK NIFTY 23873 19926 15641
 NSE EQUITY DAILY LEVELS

COMPANY NAME R2 R1 PP S1 S2
ACC EQ 1814 1804 1792 1782 1770
ALBK EQ 70 68 67 66 65
AMBUJACEM EQ 287 284 282 280 279
ASIAN PAINT EQ 1216 1210 1200 1194 1184
AXISBANK EQ 501 497 494 490 488
BAJAJ-AUTO EQ 3011 2960 2933 2882 2855
BANKBARODA EQ 141 139 137 135 133
BANKINDIA EQ 146 144 142 140 138
BHEL EQ 132 129 128 126 124
BHARTIARTL EQ 409 406 401 398 393
CIPLA EQ 562 557 553 548 544
COALINDIA EQ 258 256 254 252 249
DLF EQ 197 194 191 188 185
DRREDDY EQ 2314 2237 2152 2075 1989
GAIL EQ 389 384 381 376 372
GRASIM EQ 1229 1219 1207 1197 1185
HCLTECH EQ 875 876 861 854 848
HDFC EQ 1795 1785 1780 1770 1764
HDFCBANK EQ 1801 1793 1782 1774 1763
HEROMOTOCO EQ 4020 3984 3965 3929 3910
HINDALCO EQ 259 254 250 245 241
HINDUNILVR EQ 1224 1214 1208 1198 1192
ICICIBANK EQ 297 294 292 290 287
ITC EQ 274 273 271 269 268
INDUSIND BANK EQ 1725 1712 1700 1687 1675
INFY EQ 905 894 888 877 871
JINDALSTEL EQ 147 144 142 139 137
KOTAKBANK EQ 1021 1013 1002 993 983
LT EQ 1210 1191 1162 1143 1114
M&M EQ 1368 1331 1310 1273 1251
MRF EQ 65192 64457 64064 63329 62936
MARUTI EQ 8034 8001 7946 7913 7858
ONGC EQ 165 163 161 159 157
ORIENTBANK EQ 129 126 124 122 120
RCOM EQ 22 21 20 19 18
RELCAPITAL EQ 782 772 766 755 749
RELIANCE EQ 828 822 817 811 806
RELINFRA EQ 528 515 506 494 485
RPOWER EQ 40 39 38 37 36
SBIN EQ 276 274 272 269 268
VEDL EQ 337 334 330 326 322
SUNPHARMA EQ 491 480 474 463 456
TATAMOTORS EQ 384 379 376 372 369
TATAPOWER EQ 78 77 76 75 74
TATASTEEL EQ 667 660 655 648 644
UNIONBANK EQ 137 134 132 129 127
 TOP 15 ACHIEVERS // TOP 15 LOOSERS

SR.NO SCRIPT NAME PREV CMP % CHANGE PREV

SR.NO SCRIPT NAME CMP % CHANGE
CLOSE CLOSE

1 IBULHSGFIN 1222.45 1311.40 +7.28 1 537.40 512.65

BHART PETROLEUM -4.61
2 COALINDIA 238.65 254.80 +6.77 2 448.30 428.35
INDIAN OIL CO. -4.45
3 VEDL 314.95 329.40 +4.59 3 422.55 403.90
BHARTI AIRTEL -4.41
4 ULTRACEMCO 3999.60 4140.30 +3.52 4 1347.60 1295.40
M AND M -3.87
5 EICHER MOTOR 31772 32752 +3.09 5 390.85 375.80
TATA MOTOR -3.85
6 L AND T 1139.20 1171.75 +2.86 6 283.60 272.70
ITC LTD -3.84
7 HINDALCO INDUS 243.75 249.65 +2.42 7 919.95 886
INFY -3.69
8 MARUTI 7812.30 7964.45 +1.92 8 80.10 77.15
TATA POWER -3.68
9 TECH MAHINDRA 423.40 431 +1.79 9 507.55 493.75
AXIS BANK -2.72
10 KOTAK MAHINDRA 992.55 1007.10 +1.47 10 486.20 473
SUN PHARAM -2.71
11 HDFC 1759.55 1781 +1.22 11 2217.55 2158
DR REDDY -2.69
12 WIPRO 296.45 300 +1.20 12 568.40 553.80
CIPLA -2.57
13 HDFC BANK 1767.60 1787 +1.10 13 995.55 970.80
LUPIN LTD -2.49
14 ONGC 159.95 161.60 +1.03 14 758.60 740.65
AUROBINDO PHARMA -2.37
15 TATA STEEL 651.20 657.30 +0.94 15 379.70 371
BHARTI INFRATEL -2.29
NSE - WEEKLY NEWS LETTERS

TOP NEWS OF THE WEEK

CANARA BANK REVISES INTEREST RATE ON SAVINGS BANK DEPOSITS - Canara Bank on
Friday has revised its interest rate on savings bank deposits to 3.50% for outstanding balances
upto Rs 50 lakh. The interest rate on savings bank deposits remained unchanged at 4% for
outstanding balances of above Rs 50 lakh, said the bank in a BSE filing on Friday. Canara
Bank ended at Rs 340.50 per share, up by Rs 1.30 or 0.38% on Friday, on the BSE. The stock
hit an intraday high and low of Rs 345.90 and Rs 339.30, respectively. The stock attracted a
traded volume 13,55,207 shares and traded value of Rs 4,642.94 lakh on the NSE. The
company had hit its 52-week high of Rs 416 on May 5, 2017, and 52-week low of Rs 244.85
on November 9, 2016, on the NSE.

ADITYA BIRLA CAPITAL LIMITED LISTS ON STOCK EXCHANGES - Aditya Birla

Capital Limited formerly known as Aditya Birla Financial Services Limited, the holding
company of the financial services businesses of the Aditya Birla Group, on Friday, listed on
the Stock Exchanges, at an opening price of Rs 250, which implies a market capitalisation of
over Rs 55,000 crore.

AXIS BANK RELEASES EXPOSURE DETAILS TO DEFAULTER ACCOUNTS

NAMED BY RBI - Axis Bank has informed the bourses about its exposure to select accounts
referenced in RBI directions for initiation of insolvency proceedings, if their NPAs are not
resolved by mid-December. The Reserve Bank of India had issued directions on August 28,
2017, advising banks to finalise and implement viable resolution plan in select accounts by
December 13, 2017, failing which insolvency proceedings would be initiated in all the
accounts mentioned in the communications and accordingly mandated provisions should be
made by March 31, 2018, said the bank in a BSE filing on Friday.

TVS MOTOR TOTAL SALES UP 16% IN AUGUST - TVS Motor Company registered a
sales growth of 16%. Sales increased to 3,17,563 units in the month of August 2017 as against
2,74,303 units in August 2016, said the company in a BSE filing on Friday post market hours.

TATA MOTORS TOTAL SALES UP 14% IN AUGUST - Tata Motors passenger and
commercial vehicles total sales in August 2017 were at 48,988 vehicles, higher by 14% over
43,105 vehicles sold in August 2016, showed the data issued by the company .
ESCORTS TRACTOR SALES UP BY 23% IN AUGUST - Escorts' Agri Machinery
Segment in August 2017 sold 4,587 tractors, registering a growth of 23% as against 3,722
tractors in August 2016, showed the data released by the company. Escorts was trading at Rs
668.25 per share, up by Rs 21.75 or 3.36% as at 1208 hours on Friday, on the BSE. The stock
hit an intraday high and low of Rs 668.50 and Rs 643.60, respectively. It attracted a traded
volume of 15,34,994 shares and traded value of Rs 10,079.23 lakh on the NSE. The company
had hit its 52-week high of Rs 767.55 on June 6, 2017, and 52-week low of Rs 270 on
November 22, 2016, on the NSE.

TVS MOTOR TOTAL SALES UP 16% IN AUGUST - TVS Motor Company registered a
sales growth of 16%. Sales increased to 3,17,563 units in the month of August 2017 as against
2,74,303 units in August 2016, said the company.

DR. REDDYS LAB SETTLES PATENT LITIGATION WITH VIVUS INC - Dr. Reddys
Laboratories and Nasdaq-listed Vivus Inc has entered into a settlement agreement to resolve a
long pending patent litigation related to weight management capsule Qsymia, reported a
leading business daily. The litigation, pending since 2015, resulted from the submission of an
abbreviated new drug application by Dr. Reddys seeking approval to market generic versions
of Qsymia. The settlement permits Dr. Reddys Laboratories to begin selling a generic version
of Qsymia from June 2025, or earlier under certain circumstances. In the event of an early
launch, Vivus will receive a royalty on sales of the generic version of the drug. Qsymia
capsules CIV is used to manage chronic overweight in adults with obesity symptoms. This
settlement concludes all patent litigation brought by Vivus against generic pharma companies
that have filed ANDAs seeking approval to market generic versions of Qsymia.

CENTRE TO SPEND RS 2 LAKH CRORE FOR INFRASTRUCTURE IN

RAJASTHAN: GADKARI - Minister of Road Transport and Highways Nitin Gadkari
announced that the centre plans to spend Rs 2 lakh crores in the next 5 years for building
National Highways in the Rajasthan. The Minister said while speaking at the inauguration of
various road projects in Rajasthan on Tuesday along with Prime Minister Narendra Modi.
Gadkari pointed out that the state of Rajasthan had just 7,498 km of National Highways till
June 2014. This length has nearly doubled to 14,465 km in the last three years under the
present government. The number of NH in the state has gone up from just 35 in June 2014 to
85 at present, he said.

INOX WIND INKS PACT WITH ADANI GREEN ENERGY - Inox Wind has closed a deal
for developing a 100MW wind power project for Adani Green Energy, a part of the Adani
group at Kutch in the state of Gujarat. The capacity was won under the round 1 of SECl bids
for wind power projects connected to the central grid, the company said in a filing to the
bourses. The project is scheduled to be executed over the next 6-9 months and will be executed
on a turnkey basis. Inox Wind will supply, erect and commission its advances 2MW wind
turbine generators of 120m hub height and 113 rotor diameter. As a part of the turnkey order,
Inox Wind will be responsible for development and construction to commissioning and will
provide long term operations and maintenance services. Inox Wind is an integrated wind
energy solutions provider. The company is engaged in the manufacture of Wind Turbine
Generators. The company provides engineering, procurement and commissioning, operations
and maintenance, and common infrastructure facilities services for Wind Turbine Generators

LIC INCREASES STAKE IN NTPC TO 14.25% - Life Insurance Corporation of India now
commands 14.24% stake in NTPC, a day after the government raised about Rs 9,100 crore by
selling 7% stake via an offer-for-sales. LIC has increased its stake from 11.15% to 14.24%.
Based on the floor price of Rs 168, LICs investment stands at around Rs 4,275 crore, which is
nearly half of the total amount raised by the government. LIC acquired 25.44 crore shares or
3.08% of the total paid up capital of the company. The OFS received bids for 54.8 crore
shares, against 82.4 crore shares on offer including the green shoe option. Governments
shareholding in NTPC is expected to have come down to 63.1% from 69.74% post the OFS.
The government expects to raise Rs 72,500 crore in FY18 through a mix of minority stake
sale, strategic divestments and through the listing of state-owned companies. NHPC, HCL,
NBCC, MOIL, and BEL were among the companies in which the government sold stakes.
NTPC is engaged in the generation and sale of electricity. The principal business activity of the
company is the electric power generation by coal-based thermal power plant. The company has
an installed capacity of 47,178 megawatts , including joint ventures with over 18 coal-based,
seven gas-based stations and one hydro -based station.

ABB INDIA TO INSTALL SOLAR INVERTERS AT 750 RAILWAY STATIONS - ABB

Indiaannounced that it will provide solar inverters at 750 railway stations in North India to
reduce dependence on traditional sources of energy. The 750 stations are located in the busy
northern Indian part of the network, one of the most used railway corridors in the world. ABB
reached a milestone of 5 GW of solar inverters installed, supplying some 40% of Indias solar
power at approximately 13 GW, recently. Solar inverters for this project vary between 5kW to
50kW in performance depending on the size of the station part of the ABB AbilityTM of
connected solutions, the customer can ensure uptime through remote management services.
They will be part of the solar installations being set up by Azure Power. ABB set up its solar
inverter manufacturing facility in India in 2012 and contributes to approximately 40% of the
countrys solar installations. ABB solar inverters have been widely used in the transportation
sector, deployed, for instance, in the worlds first fully solar powered airport in Kochi.

BSNL TO ESTABLISH 1 LAKH WI-FI SPOTS BY MARCH 2019 - The state-owned

telecom firm Bharat Sanchar Nigam Limited will set up 1 lakh Wi-Fi spots across India by
March 2019, said Anupam Shrivastava, Chairman and Managing Director of BSNL.

ORISSA MINERALS SIGNS DEAL TO DEVELOP BRAHAMANI COAL BLOCK -

Orissa Minerals Development Company has signed Coal Block Development and Production
agreement with the Ministry of Coal. The stock of the company zoomed over 18% during
Tuesdays trade on the BSE. Orissa Minerals Development Company was trading at Rs 1,924.20
per share, up by Rs 249.05 or 14.87% as at 1510 hours on Tuesday, on the BSE. The stock
witnessed a spurt in volume by more than 3.08 times. The stock attracted a traded volume of
56,494 shares and traded value of Rs 1,082.88 lakh on the NSE.
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