TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )

NIFTY FIFTY : - Nifty futures/Bank Nifty futures market closed on 9975 / 24417 According to
technical analysis if Nifty futures and Bank Nifty future moves up-word in tomorrow treading session
then 10097 will be small resistance for Nifty futures and at the same time 24813 will be small
Resistance for Bank Nifty futures, if it break this level then then Nifty futures can touch 10184 level and
Bank Nifty futures can touch 25452 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 9924 for Nifty futures and
24293 is for Bank Nifty futures after breaking this support with volume there is big support for Nifty
futures on 9797 and 23820 for Bank Nifty futures.

Monday, 25 Sep 2017

TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )

NIFTY

DAILY R2 R1 PP S1 S2
10434 10230 10128 10026 9823

WEEKLY R2 R1 PP S1 S2
10155 10236 10077 9917 9598

MONTHLY R2 R1 PP S1 S2
11245 10365 9925 9485 8606

BANK NIFTY

DAILY R2 R1 PP S1 S2
25750 25155 24857 24560 23965

WEEKLY R2 R1 PP S1 S2
26264 25260 24758 24257 23253

MONTHLY R2 R1 PP S1 S2
28618 25863 24485 23107 20351

MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS

NIFTY 10010 9970 9766 9250

BANK NIFTY 24575 24506 23857 21965

PARABOLIC SAR DAILY WEEKLY MONTHLY

NIFTY 9842 8785 7504

BANK NIFTY 24127 20136 15641

PATTERN FORMATION ( NIFTY )

Detail of Chart - Nifty future opened at 100 85 which is below closing of last trading session of
10137. made low of 9975. there is strong resistance level of 9850 if it brek this levelk we can aspect
this nifty can touch level of 9483. in technical chat there is parabolic sar break out on 9850.
PATTERN FORMATION ( BANK NIFTY )

Detail of Chart -Nifty future opened at 24765 which is below closing of last trading session of 24850.
made low of 24403. there was strong resistance level of 24400 and it alredy brek this level. now we can
asepct this nifty can touch level of 22376. in technical chat there is parabolic sar break out on 25260.
 NSE EQUITY DAILY LEVELS

COMPANY NAME R2 R1 PP S1 S2
ACC EQ 1717 1680 1655 1618 1592
ALBK EQ 70 69 68 66 65
AMBUJACEM EQ 273 267 263 257 254
ASIAN PAINT EQ 1222 1211 1202 1190 1181
AXISBANK EQ 513 506 497 490 481
BAJAJ-AUTO EQ 3076 3043 3025 2991 2973
BANKBARODA EQ 144 142 140 138 136
BANKINDIA EQ 149 146 143 139 136
BHEL EQ 132 130 129 126 124
BHARTIARTL EQ 406 401 396 391 386
CIPLA EQ 603 591 583 572 564
COALINDIA EQ 259 257 253 251 248
DLF EQ 178 172 168 163 160
DRREDDY EQ 2500 2462 2437 2399 2374
GAIL EQ 408 404 400 396 391
GRASIM EQ 1184 1162 1148 1125 1111
HCLTECH EQ 889 881 876 867 862
HDFC EQ 1788 1770 1760 1743 1732
HDFCBANK EQ 1831 1815 1807 1791 1783
HEROMOTOCO EQ 3865 3809 3769 3713 3673
HINDALCO EQ 236 231 227 222 219
HINDUNILVR EQ 1269 1257 1247 1235 1225
ICICIBANK EQ 281 280 278 276 274
ITC EQ 272 268 266 262 260
INDUSIND BANK EQ 1735 1719 1697 1681 1658
INFY EQ 907 900 894 887 881
JINDALSTEL EQ 143 139 135 131 127
KOTAKBANK EQ 1029 1016 1008 995 987
LT EQ 1204 1178 1161 1136 1119
M&M EQ 1292 1276 1266 1250 1240
MRF EQ 63915 62882 62067 61034 60219
MARUTI EQ 8160 8044 7972 7856 7784
ONGC EQ 166 164 162 160 159
ORIENTBANK EQ 166 164 162 160 159
RCOM EQ 21 20 19 18 17
RELCAPITAL EQ 679 650 629 600 579
RELIANCE EQ 841 831 818 809 795
RELINFRA EQ 479 472 464 457 448
RPOWER EQ 43 42 41 40 39
SBIN EQ 265 261 257 253 250
VEDL EQ 318 309 303 294 288
SUNPHARMA EQ 521 514 508 501 495
TATAMOTORS EQ 276 253 239 216 202
TATAPOWER EQ 84 83 82 81 79
TATASTEEL EQ 699 652 637 620 605
UNIONBANK EQ 132 130 128 126 123
 TOP 15 ACHIEVERS // TOP 15 LOOSERS

SR.NO SCRIPT NAME PREV CMP % CHANGE PREV

SR.NO SCRIPT NAME CMP % CHANGE
CLOSE CLOSE

1 ORCHIND PHARAM 16.85 23.60 +40.06 1 SE INVESTMENTS 236.80 191.15 -19.28

2 TVS ELECTONIC 221.60 296.80 +38.17 2 INDIABULLS REAL EST 250.75 218.05 -13.04

3 VIVIMED LABS 114.45 143.20 +25.12 3 RELIACNE CAPITAL 752.95 661.25 -12.18

4 CAPRI CLOBAL CAP 93.10 115.10 +23.63 4 GABRIAL INDIA 212.20 188.10 -11.36

5 ANIK INDUSTRIES 49.35 60.95 +23.43 5 JINDAL STEEL ( HIRAR ) 192.20 170.70 -11.19

6 HEG LTD 819.40 991.15 +20.96 6 HFCL 32.70 29.40 -10.09

7 GOA CARBONS 374.80 437.75 +16.80 7 JET AIRWAYS 566 509.15 -10.04

8 DIVIS LABS 868.40 970.25 +11.73 8 CENTRAL BANK 91.50 82.35 -10.00

9 DR REDDY LABS 2211.20 2457.75 +11.15 9 JYOTI KABS 419.5 379.50 -9.44

10 GUJ. ALKALIES AND CO 498.45 553.70 +11.08 10 DLF LTD 191.55 173.50 -9.42

11 HONEYWELL AUTO. 14470 15917 +10.00 11 VIPUL LTD 93.40 84.75 -9.26

12 RAIN INDUS 152.60 165.85 +8.68 12 ARVIND LTD 413.45 379.05 -8.32

13 EON ELECTRICAL 75.60 80.45 +6.42 13 SHREYANS INDUS 169.05 155.05 -8.28

14 ATUL LTD 2239.85 2373.10 +5.95 14 BAJAJ DINSERV LTD 5674.55 5231.65 -7.81

15 TEXMACO RAIL 94.35 9.85 +5.83 15 JSW STEEL 267.55 246.95 -7.70
NEXT WEEK STARS( AS PER TECHNICAL ANALYSIS )

NSE FUTURE :
NSE FUTURE : NSE FUTURE : SELL IDEA FUTURE BELOW 75.50 TGT 73.50 SL 76.20
NSE FUTURE : SELL HAVELLS FUTURE BELOW 491 TGT 482 TGT 494

NSE CASH :
NSE CASH : BUY BEL NSE CASH ABOVE 182.50 TGT 192.50 SL 179.50
NSE CASH : BUY PNC INFRA NSE CASH ABOVE 138 TGT 146 SL 135.50
NSE - WEEKLY NEWS LETTERS

TOP NEWS OF THE WEEK

ZYDUS RECEIVES FINAL APPROVAL FROM USFDA FOR ITRACONAZOLE

CAPSULES : - Announced on Thursday that the company received the final approval for
Itraconazole Capsules from the USFDA, surging the companys stock on the bourses. The drug
is used to treat a variety of fungal infections and will be manufactured at the groups
formulations manufacturing facility at Moraiya, Ahemdabad. The group has over 150 approvals
and has filled over 300 ANDAs since the commencement of the filing process in FY 2003-04.
The stock recorded a trade volume of 25,40,423 shares and a trade value worth Rs 12,669.85
lakh during Thursdays trade on NSE.

VIVIMED LAB RECEIVES GMP CERTIFICATION : - The share price shot up in the
intraday trade on Thursday as the company announced that its Jeedimetla FDF plant near
Hyderabad bagged the approval of the Ukraine ministry of Health, receiving an accredition with
GMP certification. The stock recorded a trade volume of 1,18,80,538 shares and a trade value
worth Rs 17,470.33 lakh during Thursdays trade on NSE.

ORCHID PHARMA GETS EIR FROM USFDA : - Has received the Establishment Inspection
Report from USFDA based on the successful inspection of the Active Pharmaceutical Ingredients
manufacturing facility located at SIDCO Industrial Estate, Alathur, Kanchipuram District, Tamil
Nadu, India. This facility was inspected by USFDA in May 2017. It attracted a traded volume of
18,92,805 shares and traded value of Rs 385.56 lakh on the NSE. The company hit its 52-week
high of Rs 45.85 on September 28, 2016 and had hit its 52-week low of Rs 16.7 on September 6,
2017, on the NSE. Orchid Pharma is involved in the development, manufacture and marketing of
various bulk actives, formulations and nutraceuticals. The company offers formulations for
cardiovascular, anti-diabetic, neuropsychiatry and nutritional supplements. It offers active
pharmaceutical ingredients, including Cephalosporins-Orals, Cephalosporins-Injectibles,
Veterinary Products and Non-Antibodies.

VASCON ENGINEERS BAGS CONTRACT WORTH RS 235 CRORE : - It received Letter

of Award amounting to Rs 235.76 crores from Shapoorji Pallonji and Company, a domestic
entity, for civil construction in Andhra Pradesh. The work involves the construction of affordable
housing in Adoni Municipal Area and Nandyal Municipal Area of Kurnool district in Andhra
Pradesh. The work has to be completed within 13 months from the date of receipt of work order.
Vascon Engineers is an engineering, procurement and construction company. The company's
principal activities include real estate development, hospitality, and manufacturing and building
management system.

PUNJ LLOYD BAGS ORDER FROM MINISTRY OF DEFENCE : - Rallied on bourses on

Mondays trade after the company bagged orders worth Rs 120 crore for the supply and
commissioning of five full body truck scanners rom the Ministry of Home Affairs, said the
company in a filing on Monday. Punj Lloyd is the first private sector company in India to install
these X-Ray based FBTS at the countrys border which helps detect concealed arms,
ammunition, explosives, detonators, IEDs, Narcotics and fake currency. Meanwhile, the stock
gained % at Rs per share on BSE. The stock on NSE attracting a total traded volume of shares
and a traded value of Rs lakhs. The stock on yearly basis has lost 9.31% and has outperformed
BSE Small-cap index and Nifty Infrastructure index Punj Lloyd Limited is engaged in
engineering, procurement and construction activities, as well as trading of steel products. The
Companys segments include Engineering, procurement, and construction services, which
includes provision of EPC services in oil, gas and infrastructure sectors etc.

DIXON TECH WITNESSES FIFTH BEST MARKET DEBUT IN SEVEN YEARS : - Gave
a stellar performance on its debut day after listing at a whopping premium of 54.3% at Rs 2,725
per share on NSE as compared to its issue price of Rs 1,766 per share. The company has marked
fifth best share market debut in the past seven years, reported a leading news agency. The stock
closed at Rs 2,891.55 per share, at a premium of 63.7%. The proceeds from the fresh issue is
utilised for the repayment/pre-payment, in full or in part, of certain borrowings availed by the
company; setting up a unit for manufacturing of LED TVs at the Tirupati Facility; enhancement
of our backward integration capabilities in the lighting products vertical at our Dehradun 1
Facility; upgradation of the information technology infrastructure of the company; and general
corporate purposes. The company had issued 10,18,027 equity shares at Rs 1,766 per share,
aggregating to Rs 179.79 crore to 15 anchor Investors. The was subscribed 117.83 times at 2315
hours on last day of subscription. The QIB part got subscribed by 134.77 times, NII segment got
subscribed by 345.73 times, while the retail part of the IPO issue got subscribed 10.11 times. The
earlier best listing was that of D-Mart operator, Avenue Supermart, which listed at a premium of
102% over its offer price in March this year. Quess Corp, which did its IPO in July 2016 listed at
a premium of 57%.

BALRAMPUR CHINI APPROVES INVESTMENT OF RS 175 CRORE IN EDUCATION

SECTOR : - Announced that the board of the company has approved the investment of Rs 175
crore in the education sector over the next five years. The board of directors of the company at
its meeting held on September 15, 2017, has considered and approved an investment of upto Rs
37.50 crore as first tranche and a cumulative investment of Rs 175 crore, in tranches, over a
period of five years in financing activities in education sector. The stock attracted a traded
volume of 9,34,546 shares and traded value of Rs 1,596.67 lakh on the NSE.

ZEE ENTERTAINMENT COMPLETES SALE OF SPORTS BUSINESS TO SONY : - Has

completed first phase of the transaction for sale of sports broadcasting business of the company
to Sony Pictures Networks India and its affiliates, upon receipt of USD 330 million out of total
consideration of USD 385 million.Since certain condition precedents relating to closure of
second phase of the transaction were taking time, the company and SPNI has mutually concluded
closure of the transaction upon receipt of remittance of consideration of USD 36.32 million from
SPNI.The adjustment to the consideration amount inter alia is mainly consequent to retention of
a lease hold immovable property at Dubai by Taj TV limited, Mauritius and certain working
capital adjustments of the sports business as per the terms of agreement.

SHREYAS SHIPPING TO ACQUIRE CONTAINER VESSEL : - Informed that the

company has signed a Memorandum of Agreement for the acquisition of one container vessel of
about 1500 teus. The delivery of the vessel is expected by mid-October 2017, said the company
in a BSE filing on Tuesday post market hours. Shreyas Shipping and Logistics Limited is a
container feeder owning and operating company. The company operates through two business
segments: Shipping and Logistics. The Shipping segment consists of charter hire. The Logistics
segment includes feeder, domestic and liner business.

COX & KINGS' UNIT INKS PACT WITH SWISS DEVELOPER : - Announced that
its unit, Meininger Hotels, has signed an agreement with a Swiss developer for the construction
of a hotel in Geneva. The hotel, which will be newly constructed, will be located in close
proximity to the city center and is expected to open in 2020, said the company in a BSE filing on
Thursday. The commencement of the project remains subject to the receipt of the building
permit. The stock attracted a traded volume of 25,126 shares and traded value of Rs 68.22 lakh
on the NSE. Cox & Kings Limited is a diversified, multinational enterprise focused on the travel
sector. The company's principal products/services include tours and travels.

OIL PRICES DIP DUE TO HIKE IN US CRUDE PRODUCTION : - Oil prices dipped
during Thursdays trade due to hike in US crude inventories and production as well as stronger
dollar. Brent crude futures, the international benchmark for oil prices, were at USD 56.13 a
barrel at 0134 GMT, down 16 cents, or 0.3%, from their last close. US West Texas Intermediate
crude futures were at USD 50.68 per barrel, down 1% from the last settlement. US commercial
crude oil inventories rose for a third straight week, building by 4.6 million barrels in the week
ending September 15, to 472.83 million barrels. Meanwhile, US oil production has largely
recovered from the shutdowns following Hurricane Harvey, currently standing at 9.51 million
barrels per day, up from 8.78 million bpd directly after the storm hit the US Gulf Coast.
But demand for American crude oil could pick up soon, should OPEC members extend a
production cut aimed at tightening supplies and propping up prices. The Organization of the
Petroleum Exporting Countries is due to meet in Vienna on Friday to discuss extending a
production cut deal with non-OPEC oil producers that has been in place since January and in its
current form is due to expire at the end of March 2018. OPEC and some non-OPEC members
pledged to cut production by around 1.8 million bpd from January in order to tighten the market
and prop up prices.

GOCL CORP HITS RECORD HIGH : - Oil and marketing major GOCL Corporation was
roaring on the bourses as the stock zoomed over 15% to hit record high. It attracted a traded
volume of 2,69,884 shares and traded value of Rs 1,544.92 lakh on the NSE. The company hit its
52-week high of Rs 589 on Thursday and had hit its 52-week low of Rs 225.25 on November 21,
2016, on the NSE. GOCL Corporation Limited, formerly Gulf Oil Corporation Limited, is
engaged in the provision of explosive accessories mining and infrastructure, and realty. The
company's segments include energetics, mining and infrastructure contracts, realty, lubricating
oils and others.
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