12/NOV/2018

DAILY STOCK ANALYSIS

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MARKET WRAP
The broader Nifty closed down 13.20 falls 0.12% Sensex ended down 79.13 falls
0.22%. Buying in the PC Jeweller pushed the shares 14% higher. Indian Bank shares
shed more than 9% intraday Friday after company reported weak set of numbers for the
quarter ended September 2018. Shares of Jet Airways, SpiceJet and InterGlobe
Aviation are up 1-4% on Friday morning as investors bet on these stocks due to a fall in
crude oil prices. Shares of Dr Reddy’s Laboratories slipped 2% as investors reacted to
the news of USFDA issuing observations to the company's Duvvada unit. Shares
of Mphasis fell around a percent as investors reacted to the news of an acquisition.

YESTERDAY’S
ESTERDAY’S PERFORMANCE:
4 calls hit targets we had given last trading session, in which MANAPPURAM
FINANCE hit 1ST target & made high 85.20 (buy call given@82.60), ASHOK LEYLAND
hit 2ND target & made high 122.45 (buy call given@118.30), PNB hit 1ST target & made
low 67.60 (sell call given@69.00), JUST DIAL hit 2ND target & made low 481.35 (sell
call given@491.50).

STOCK TO WATCH – 12/

12/NOV/201
NOV/2018
/2018

STOCK
COMPANY PRICE RECOMMENDATION TARGET
ORIENTAL BANK 88.00 LONG 88.60/91.00
VOLTAS 536.50 LONG 540.00/546.00
HIND PETRO 241.70 LONG 244.00/249.00
INFOSYS 662.70 SHORT 659.70/654.00
TATA STEEL 575.00 SHORT 571.50/566.00

SECURITY IN BAN PERIOD FOR 12/

12/NOV/201
NOV/2018
/2018

NILL

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 DAILY
ANALYSIS ORIENTAL BANK

PIVOT
STOCK R2 R1 P S1 S2
ORIENTAL BANK 84.00 83.00 82.00 81.50 81.00

TECHNICAL OVERVIEW
MOVING AVERAGE INDICATING BUY SIGNAL IN ORIENTAL BANK SO TRADER CAN ENTER IT AT
88.00 FOR TG-88.60/91.00

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 DAILY
ANALYSIS VOLTAS

PIVOT
STOCK R2 R1 P S1 S2
VOLTAS 536.00 523.00 513.00 500.00 490.00

TECHNICAL OVERVIEW
MOVING AVERAGE INDICATING BUY SIGNAL IN VOLTAS SO TRADER CAN ENTER IT AT 536.50
FOR TG-540.00/546.00

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 DAILY
ANALYSIS HIND PETRO

PIVOT
STOCK R2 R1 P S1 S2
HIND PETRO 233.00 232.00 230.00 229.00 227.00

TECHNICAL OVERVIEW
MOVING AVERAGE INDICATING BUY SIGNAL IN HIND PETRO SO TRADER CAN ENTER IT AT
241.70 FOR TG-244.00/249.00

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 DAILY
ANALYSIS INFOSYS

PIVOT
STOCK R2 R1 P S1 S2
INFOSYS 683.00 680.00 676.00 673.00 669.00

TECHNICAL OVERVIEW
MOVING AVERAGE INDICATING SELL SIGNAL IN INFOSYS SO TRADER CAN ENTER IT AT 662.70
FOR TG-659.70/654.00

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 DAILY
ANALYSIS TATA STEEL

PIVOT
STOCK R2 R1 P S1 S2
TATA STEEL 586.00 584.00 582.00 580.00 578.00

TECHNICAL OVERVIEW
MOVING AVERAGE INDICATING SELL SIGNAL IN TATA STEEL SO TRADER CAN ENTER IT AT
575.00 FOR TG-571.50/566.00

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