MARKET LENS - Business Standard · MARKET SYNOPSIS f Yesterday, NSE-NIFTY spent entire session...
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NIFTY 10141 IN FOCUS Support 10110 10040 Resistance 10200 10260 Stock in Focus ULTRATECH CEMENT Positional Pick ARVIND Intraday Pick NATIONALUM Intraday Pick PVR Institutional Equity Research MARKET LENS September 21, 2017 1 Exchange Rs Crore BSE Equity 5,069.4 BSE Derivatives 0.08 NSE Equity 29,142.6 NSE Derivatives 4,31,171.2 Indices Absolute Change Percentage Change Domestic Last Trade Change 1-D 1-Mth YTD BSE Sensex 32,400.5 (1.9) 0.0% 3.7% 21.7% CNX Nifty 10,141.2 (6.4) -0.1% 4.0% 23.9% S&P CNX 500 8,938.4 (13.4) -0.1% 5.0% 28.0% SENSEX 50 10,542.2 (9.3) -0.1% 4.1% 25.1% International Last Trade Change 1-D 1-Mth YTD DJIA 22,412.6 41.8 0.2% 3.3% 13.4% NASDAQ 6,456.0 (5.3) -0.1% 3.9% 19.9% NIKKEI 20,453.4 142.9 0.7% 5.5% 7.0% HANGSENG 28,077.6 (50.2) -0.2% 3.4% 27.6% MSCI Emerging Mkts 1,112.1 2.4 0.2% 4.6% 29.0% Last Trade Change 1-D 1-Mth YTD Dr. Reddy’s Lab (ADR) 35.7 1.1 3.2% 18.5% -21.2% Tata Motors (ADR) 31.8 (0.4) -1.2% 9.7% -7.4% Infosys (ADR) 14.8 0.0 0.3% 1.9% 0.1% ICICI Bank (ADR) 8.9 (0.1) -0.7% -3.1% 31.1% HDFC Bank (ADR) 98.2 (1.8) -1.8% 2.9% 61.8% Axis Bank (GDR) 40.1 (0.2) -0.4% 4.8% 22.1% Reliance Ind (GDR) 52.1 (0.1) -0.2% 7.3% 65.1% ADRs / GDRs Key Commodities Last Trade Change 1-D 1-Mth YTD Brent Crude ($/bl) 56.1 (0.1) -0.3% 8.7% -1.2% Silver ($/Oz) 17.1 (0.2) -1.3% 0.6% 7.5% Gold ($/Oz) 1,300.5 (0.6) 0.0% 0.7% 13.3% Copper LME ($/MT) 6,482.0 (6.3) -0.1% 0.5% 17.4% Aluminium LME ($/MT) 2,149.8 54.0 2.6% 3.8% 26.2% Baltic Dry 1,415.0 17.0 1.2% 11.8% 47.2% COMMODITY MARKET Last Trade Change 1-D 1-Mth YTD USD/INR 64.3 64.3 -0.1% 0.2% -5.4% EUR/INR 77.2 77.0 0.2% 2.3% 7.6% CURRENCY RATES Last Trade Change 1-D 1-Mth YTD T-Bill - 91 D 6.1 6.1 0.1% -0.3% -1.6% 10 Year G-sec Yield 6.6 6.6 -0.2% 1.0% 1.0% RATES Category BUY SELL NET Prev FII 6,115.2 7,300.6 -1,185.4 -1,719.6 DII 3,088.3 2,142.1 946.2 -77.7 INVESTMENT ACTIVITY (RS. CR) EXCHANGE TURNOVER ARVIND (PREVIOUS CLOSE: 405) SELL Fresh short position can be initiated in the range of Rs410-415 for the target of Rs375 with a strict stop loss of Rs425. Positional Pick STOCK IN FOCUS EQUITY INDICES Intraday Picks f UltraTech Cement (UCL) gained ~1% in yesterday’s insipid markets on the expectation of better performance ahead with the expected pickup in demand scenario. f We continue to like UCL given its consistent endeavour to upgrade its operating efficiencies, leadership status (an unmatched 89mnT capacity in India), strong brand equity and healthy financials. f Further, production ramp-up from new acquired Jaypee units in Central markets will propel to generate healthy volume. UCL expects the acquisition to become cash break-even in the next four quarters. f Further, expected pickup in demand scenario due to pickup in construction activities in busy season along with favourable pricing scenario will aid UCL to record healthy performance in ensuing quarters. f We reiterate our fundamental BUY rating on the stock with Target Price of Rs4,750. NATIONALUM (PREVIOUS CLOSE: 82.5) BUY For today’s trade, long position can be initiated at around Rs81 for the target of Rs85.50 with a strict stop loss of Rs79. PVR (PREVIOUS CLOSE: 1310) SELL For today’s trade, short position can be initiated at around Rs1320 for the target of Rs1280 with a strict stop loss of Rs1340.
Transcript of MARKET LENS - Business Standard · MARKET SYNOPSIS f Yesterday, NSE-NIFTY spent entire session...
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
1
Exchange Rs Crore
BSE Equity 5,069.4
BSE Derivatives 0.08
NSE Equity 29,142.6
NSE Derivatives 4,31,171.2
Indices Absolute Change Percentage Change
Domestic Last Trade Change 1-D 1-Mth YTD
BSE Sensex 32,400.5 (1.9) 0.0% 3.7% 21.7%
CNX Nifty 10,141.2 (6.4) -0.1% 4.0% 23.9%
S&P CNX 500 8,938.4 (13.4) -0.1% 5.0% 28.0%
SENSEX 50 10,542.2 (9.3) -0.1% 4.1% 25.1%
International Last Trade Change 1-D 1-Mth YTD
DJIA 22,412.6 41.8 0.2% 3.3% 13.4%
NASDAQ 6,456.0 (5.3) -0.1% 3.9% 19.9%
NIKKEI 20,453.4 142.9 0.7% 5.5% 7.0%
HANGSENG 28,077.6 (50.2) -0.2% 3.4% 27.6%
MSCI Emerging Mkts 1,112.1 2.4 0.2% 4.6% 29.0%
Last Trade Change 1-D 1-Mth YTD
Dr. Reddy’s Lab (ADR) 35.7 1.1 3.2% 18.5% -21.2%
Tata Motors (ADR) 31.8 (0.4) -1.2% 9.7% -7.4%
Infosys (ADR) 14.8 0.0 0.3% 1.9% 0.1%
ICICI Bank (ADR) 8.9 (0.1) -0.7% -3.1% 31.1%
HDFC Bank (ADR) 98.2 (1.8) -1.8% 2.9% 61.8%
Axis Bank (GDR) 40.1 (0.2) -0.4% 4.8% 22.1%
Reliance Ind (GDR) 52.1 (0.1) -0.2% 7.3% 65.1%
ADRs / GDRs
Key Commodities Last Trade Change 1-D 1-Mth YTD
Brent Crude ($/bl) 56.1 (0.1) -0.3% 8.7% -1.2%
Silver ($/Oz) 17.1 (0.2) -1.3% 0.6% 7.5%
Gold ($/Oz) 1,300.5 (0.6) 0.0% 0.7% 13.3%
Copper LME ($/MT) 6,482.0 (6.3) -0.1% 0.5% 17.4%
Aluminium LME ($/MT) 2,149.8 54.0 2.6% 3.8% 26.2%
Baltic Dry 1,415.0 17.0 1.2% 11.8% 47.2%
COMMODITY MARKET
Last Trade Change 1-D 1-Mth YTD
USD/INR 64.3 64.3 -0.1% 0.2% -5.4%
EUR/INR 77.2 77.0 0.2% 2.3% 7.6%
CURRENCY RATES
Last Trade Change 1-D 1-Mth YTD
T-Bill - 91 D 6.1 6.1 0.1% -0.3% -1.6%
10 Year G-sec Yield 6.6 6.6 -0.2% 1.0% 1.0%
RATES
Category BUY SELL NET Prev
FII 6,115.2 7,300.6 -1,185.4 -1,719.6
DII 3,088.3 2,142.1 946.2 -77.7
INVESTMENT ACTIVITY (RS. CR)
EXCHANGE TURNOVER
ARVIND (PREVIOUS CLOSE: 405) SELLFresh short position can be initiated in the range of Rs410-415 for the target of Rs375 with a strict stop loss of Rs425.
Positional Pick
STOCK IN FOCUS
EQUITY INDICES
Intraday Picks
f UltraTech Cement (UCL) gained ~1% in yesterday’s insipid markets on the expectation of better performance ahead with the expected pickup in demand scenario.
f We continue to like UCL given its consistent endeavour to upgrade its operating efficiencies, leadership status (an unmatched 89mnT capacity in India), strong brand equity and healthy financials.
f Further, production ramp-up from new acquired Jaypee units in Central markets will propel to generate healthy volume. UCL expects the acquisition to become cash break-even in the next four quarters.
f Further, expected pickup in demand scenario due to pickup in construction activities in busy season along with favourable pricing scenario will aid UCL to record healthy performance in ensuing quarters.
f We reiterate our fundamental BUY rating on the stock with Target Price of Rs4,750.
NATIONALUM (PREVIOUS CLOSE: 82.5) BUYFor today’s trade, long position can be initiated at around Rs81 for the target of Rs85.50 with a strict stop loss of Rs79.
PVR (PREVIOUS CLOSE: 1310) SELLFor today’s trade, short position can be initiated at around Rs1320
for the target of Rs1280 with a strict stop loss of Rs1340.
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
2
MARKET SYNOPSIS
f Yesterday, NSE-NIFTY spent entire session oscillating in the narrow range, wherein index oscillated in less than 40 points of range and finally, settled the session on flat to negative note at 10,141 level.
f NSE Cash segment reported turnover of Rs29,134 crore as compared to Rs28,638 crore earlier.
f Overall market breadth remained negative, where 670 stocks advanced against 783 declined stocks.
f Mixed trend was observed across all the sectoral indices during the day, where PSU Bank index emerged as a top gainer with the increase of 1%. However, on the other hand none of the sectoral indices have reported loss of more than 0.6%.
NSE-NIFTY OUTLOOK
f NSE-NIFTY once again managed to hold 10,100 mark, where narrow consolidation supported index to hold higher levels. As mentioned earlier, our view will remain up-beat for NIFTY and we believe that it will keep moving higher, where one should make use of any decline in the index for re-entry. On the higher side, NIFTY will face major hurdles in the range of 10,500-10,600. However, in case of any negative surprise, its short-term and medium-term moving averages (20 and 50-DEMA) will continue to work as key reversal point for the index, which are now placed around 10,015 and 9,910 levels respectively.
f As for the day, support is placed at around 10,110 and then at 10,040 levels, while resistance is observed at 10,200 and then around at 10,260 levels.
Technical Research
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
3
f Arvind reversed after forming Triple Top pattern around Rs417 and later it slipped to 9-day closing low.
f Fall in the key technical indicators-Stochastic and RSI post their negative cross-over is signalling near-term weakness in the stock.
f MACD is also on the verge of negative cross-over and coinciding with our view.
f As per the current daily set-up, we believe that the stock will remain in pressure, where it will find major support around its short-term moving average 20-DEMA (placed around Rs375).
f In case of any rebound, its life-time-high of Rs425 will restrict the stock from moving higher.
f Fresh short position can be initiated in the range of Rs410-415 for the target of Rs375 and with a stop loss of Rs425.
Technical Research
Positional Pick: Arvind LtdPREV.CLOSE: 405 | RECO: SELL | IN: 410-415 RANGE | TARGET: 375 | STOP LOSS: 425
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
4
f Nifty traded in a narrow range of 36 points throughout the day and ended flat with a loss of 6 points at 10,141. Among the nifty stocks
20 stocks advanced and 31 declined during the day.
f Sectorally, too it was a flat day within sectors and we saw minor profit booking in Autos, Pvt Banks and Realty to decline by 0.5%
average while PSU Banks, Pharma and FMCG gained by 1.0%, 0.3% and 0.2% respectively.
f Broader market indices remained flat with NIFTY 100,200 and 500 to close down by 0.1% average while midcap indices and small
cap indices also declined by 0.2% and 0.5% respectively.
f Nifty September futures ends with 27 points premium at 10,168 mark, while on other hand, Bank Nifty August futures ended with the
premium of 58 points at 25,023 mark.
f Nifty closed in an inside range awaiting the outcome from the global cues in terms of the FOMC meet in US from current levels. Nifty
10,000 PE has seen unwinding in today’s trade as markets as either side breakout could be expected with respect to global news
flow
Sectoral Activity: Amongst sectoral index, FMCG and PSU Banks remained in focus with positive momentum.
Stock Activity: ITC and PNB observed build up in long position
Derivatives Snapshot
TOP 5 PRICE GAINERS
Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance
DIVI’S LABORATORIES LTD 942.80 9.22% 96.36% 2.76% 889 919 973
THE SOUTH INDIAN BANK LTD 31.45 8.26% 472.70% 20.41% 30 31 33
KARNATAKA BANK LIMITED 163.00 5.30% 651.80% 20.94% 156 160 167
NIIT TECHNOLOGIES LTD 532.45 5.18% 209.77% 4.61% 515 525 542
JAIPRAKASH ASSOCIATES LTD 18.55 5.10% -59.24% -2.24% 18 18 19
TOP 5 PRICE LOSERS
Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance
IDEA CELLULAR LIMITED 80.15 -3.67% 162.88% 10.56% 78 80 82
RELIANCE NAVAL & ENGG LTD 57.00 -3.63% -42.40% 2.26% 56 58 59
BEML LIMITED 1871.40 -3.24% -64.15% -13.83% 1836 1885 1920
DEWAN HOUSING FIN CORP LT 590.75 -3.06% 17.40% -1.51% 560 585 616
GUJ STATE FERT & CHEM LTD 141.40 -3.05% -4.30% 3.29% 139 143 145
TOP 5 OI GAINERS
Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance
KARNATAKA BANK LIMITED 163.00 5.30% 651.80% 20.94% 156 160 167
THE SOUTH INDIAN BANK LTD 31.45 8.26% 472.70% 20.41% 30 31 33
CG POWER AND IND SOL LTD 81.15 -0.92% 93.95% 16.56% 80 82 83
THE INDIA CEMENTS LIMITED 185.50 -2.32% -13.67% 15.87% 183 187 189
KAJARIA CERAMICS LTD 749.15 1.61% 455.87% 15.53% 726 746 770
TOP 5 OI LOSERS
Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance
BEML LIMITED 1871.40 -3.24% -64.15% -13.83% 1836 1885 1920
KOTAK MAHINDRA BANK LTD 1023.20 -1.08% -0.28% -9.95% 1017 1027 1033
JUSTDIAL LTD. 404.15 -1.58% -48.05% -8.80% 397 405 412
INDUSIND BANK LIMITED 1726.40 -1.15% 39.19% -4.81% 1714 1735 1748
ZEE ENTERTAINMENT ENT LTD 549.10 0.73% 42.33% -4.35% 544 547 552
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
5
TOP 5 “RISE IN % DEL CHG”
Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance
BHARTI AIRTEL LIMITED 396.85 0.52% 967.19% 1075.78% 379 389 407
PUNJAB NATIONAL BANK 144.80 0.63% 145.16% 1067.98% 143 145 147
KAJARIA CERAMICS LTD 749.15 1.61% 455.87% 896.36% 726 746 770
KARNATAKA BANK LIMITED 163.00 5.30% 651.80% 725.66% 156 160 167
AXIS BANK LIMITED 519.45 -0.25% 247.72% 508.13% 517 520 522
TOP 5 “DECLINE IN % DEL CHG”
Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance
FORTIS HEALTHCARE LTD 153.55 0.00% -69.96% -83.36% 152 154 156
TATA MOTORS LIMITED 414.80 -2.09% -81.64% -77.84% 411 417 421
INDIABULLS REAL EST. LTD 252.40 -0.69% -80.00% -76.70% 248 252 257
BATA INDIA LTD 727.00 -1.00% -75.65% -75.99% 722 730 736
MAX FINANCIAL SERV LTD 634.80 -1.82% -77.52% -75.08% 628 639 646
SECTORAL ACTIVITY
Value Average of OI Average of Price Total Average of
Total OI Change % Change % Volume Volume Change %
Consumer Discretionary 611999555 1.69% -0.72% 57043863 11.86%
Consumer Staples 190128450 -0.64% -0.43% 17697980 -19.40%
Energy 318577017 2.13% -0.61% 49300116 -0.44%
Financials 1851736808 2.06% 0.18% 251875278 38.14%
Health Care 226286900 1.70% 0.62% 37604678 25.34%
Industrials 217422900 0.08% -0.36% 19920505 23.32%
Information Technology 181014150 0.67% -0.13% 14908977 49.53%
Materials 1383346600 3.02% -0.11% 208112520 35.11%
Telecommunication Services 337353300 4.05% -1.52% 60739826 210.31%
Utilities 1108432600 2.15% 0.25% 98947575 51.94%
Grand Total 6426298280 1.76% -0.20% 816151318 29.91%
Derivatives Snapshot
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
6
Pivot TableName LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 Nifty 50 10141.2 10112.0 10126.6 10148.8 10163.4 10185.7Nifty Bank 24965.1 24871.0 24918.0 24985.3 25032.3 25099.6ACC LIMITED 1786.1 1749.6 1767.8 1796.4 1814.6 1843.2ADANI PORT & SEZ LTD 409.7 402.7 406.2 409.5 413.0 416.3AMBUJA CEMENTS LTD 279.9 273.8 276.8 281.4 284.5 289.1ASIAN PAINTS LIMITED 1237.3 1221.2 1229.2 1243.1 1251.1 1265.0AUROBINDO PHARMA LTD 745.6 729.2 737.4 746.2 754.4 763.2AXIS BANK LIMITED 519.5 513.8 516.6 519.6 522.4 525.3BAJAJ AUTO LIMITED 3090.6 3062.7 3076.6 3098.2 3112.1 3133.7BANK OF BARODA 148.4 140.5 144.4 147.7 151.6 154.9BHARTI AIRTEL LIMITED 396.9 361.0 378.9 388.9 406.8 416.8BOSCH LIMITED 21823.4 21653.8 21738.6 21829.8 21914.6 22005.8BHARAT PETROLEUM CORP LT 494.3 483.4 488.9 497.9 503.4 512.4CIPLA LTD 569.7 561.0 565.3 569.6 573.9 578.2COAL INDIA LTD 256.6 250.7 253.6 256.2 259.1 261.7DR. REDDY’S LABORATORIES 2314.7 2205.6 2260.1 2294.6 2349.1 2383.6EICHER MOTORS LTD 32443.5 32117.9 32280.7 32462.8 32625.6 32807.8GAIL (INDIA) LTD 417.3 408.9 413.1 419.7 423.9 430.6HCL TECHNOLOGIES LTD 889.5 878.7 884.1 890.4 895.7 902.0HDFC LTD 1767.2 1736.4 1751.8 1761.4 1776.8 1786.4HDFC BANK LTD 1848.9 1835.7 1842.3 1851.9 1858.5 1868.1HERO MOTOCORP LIMITED 3856.1 3773.2 3814.6 3886.5 3927.9 3999.8HINDALCO INDUSTRIES LTD 244.1 237.8 241.0 245.0 248.1 252.1HINDUSTAN UNILEVER LTD. 1259.4 1239.0 1249.2 1265.3 1275.4 1291.5INDIABULLS HSG FIN LTD 1310.8 1292.1 1301.4 1313.0 1322.3 1333.9ICICI BANK LTD. 290.6 287.8 289.2 291.0 292.4 294.3INDUSIND BANK LIMITED 1726.4 1701.3 1713.9 1735.2 1747.7 1769.0BHARTI INFRATEL LTD. 394.0 388.1 391.0 396.0 398.9 403.9INFOSYS LIMITED 912.7 902.8 907.8 912.4 917.3 921.9INDIAN OIL CORP LTD 414.0 407.7 410.8 415.1 418.3 422.6ITC LTD 271.6 266.2 268.9 270.4 273.1 274.7KOTAK MAHINDRA BANK LTD 1023.2 1010.1 1016.7 1026.8 1033.4 1043.5LARSEN & TOUBRO LTD. 1236.0 1215.9 1225.9 1238.2 1248.3 1260.6LUPIN LIMITED 1002.3 990.2 996.2 1003.1 1009.1 1016.0MAHINDRA & MAHINDRA LTD 1292.5 1279.5 1286.0 1296.1 1302.6 1312.7MARUTI SUZUKI INDIA LTD. 8120.2 8075.9 8098.0 8131.2 8153.3 8186.5NTPC LTD 167.8 165.2 166.5 168.0 169.3 170.7OIL AND NATURAL GAS CORP. 167.7 161.3 164.5 167.7 170.9 174.1POWER GRID CORP. LTD. 212.9 210.2 211.5 213.9 215.2 217.6RELIANCE INDUSTRIES LTD 847.2 827.5 837.3 854.9 864.7 882.3STATE BANK OF INDIA 270.1 265.3 267.7 269.9 272.3 274.5SUN PHARMACEUTICAL IND L 505.5 493.7 499.6 509.5 515.4 525.3TATA MOTORS LIMITED 414.8 407.1 411.0 416.9 420.7 426.6TATA MOTORS DVR ‘A’ ORD 238.6 234.6 236.6 240.0 242.0 245.4TATA POWER CO LTD 84.0 82.2 83.1 84.7 85.6 87.1TATA STEEL LIMITED 687.7 667.3 677.5 684.6 694.8 702.0TATA CONSULTANCY SERV LT 2493.6 2454.3 2473.9 2494.0 2513.6 2533.7TECH MAHINDRA LIMITED 448.9 443.0 445.9 448.0 450.9 453.0ULTRATECH CEMENT LIMITED 4209.7 4128.8 4169.2 4194.5 4235.0 4260.3VEDANTA LIMITED 323.3 318.4 320.8 323.6 326.0 328.8WIPRO LTD 291.9 284.2 288.1 290.1 294.0 296.0YES BANK LIMITED 1880.1 1850.7 1865.4 1875.7 1890.4 1900.7ZEE ENTERTAINMENT ENT LTD 549.1 539.3 544.2 547.1 552.0 554.8
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
7
Scrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK
NIFTY 10141.2 9981.7 9944.3 9738.5 9216.6 10179.0 7893.8BANK NIFTY 24965.1 24538.9 24430.7 23795.0 21876.0 25198.8 17606.9SENSEX 50 10542.2 10374.0 10325.1 10099.1 9534.1 10552.0 8144.6ACC 1786.1 1808.9 1777.6 1705.4 1555.5 1870.0 1256.6ADANIPORTS 409.7 392.1 390.9 373.1 337.7 421.5 245.2AMBUJACEM 279.9 281.5 273.0 259.1 242.4 291.5 191.0ASIANPAINT 1237.3 1206.1 1169.0 1153.2 1070.5 1262.0 849.6AUROPHARMA 745.6 744.3 731.9 674.4 676.4 895.0 503.1AXISBANK 519.5 505.7 508.7 508.6 495.9 612.0 424.4BAJAJ-AUTO 3090.6 2909.9 2857.1 2856.7 2815.1 3155.1 2510.0BANKBARODA 148.4 141.3 151.0 163.3 164.2 202.5 135.3BHARTIARTL 396.9 411.3 413.5 391.2 364.5 438.2 283.1BHEL 133.5 130.6 135.0 142.5 145.2 182.8 116.1BOSCHLTD 21823.4 21984.4 23049.0 23366.9 22570.0 25240.0 17671.6BPCL 494.3 515.2 494.8 480.1 457.8 546.1 377.5CIPLA 569.7 563.9 563.0 553.3 567.3 621.3 480.2COALINDIA 256.6 250.6 249.6 256.4 279.8 337.3 233.7DRREDDY 2314.7 2164.1 2298.5 2456.1 2677.8 3399.9 1901.2EICHERMOT 32443.5 31903.9 30713.6 29376.1 26554.9 33480.0 19530.0GAIL 417.3 391.3 382.3 386.8 373.4 433.7 268.3GRASIM 1221.4 1194.6 1129.2 1049.7 928.5 1276.5 652.3HCLTECH 889.5 869.1 875.2 862.3 847.7 928.0 736.0HDFC 1767.2 1768.1 1728.7 1661.9 1512.6 1802.0 1183.2HDFCBANK 1848.9 1796.2 1764.8 1692.1 1508.2 1868.0 1158.0HEROMOTOCO 3856.1 3941.7 3865.6 3755.8 3472.0 4092.0 2849.5HINDALCO 244.1 242.8 229.6 212.4 197.2 255.5 144.1HINDUNILVR 1259.4 1222.8 1188.1 1119.4 992.3 1287.6 782.0ICICIBANK 290.6 295.3 296.8 290.2 268.4 314.5 217.4IDEA 80.2 84.3 88.1 85.5 87.3 123.5 65.8INDUSINDBK 1726.4 1700.0 1645.6 1558.4 1415.6 1804.0 1036.7INFRATEL 394.0 378.5 392.1 385.2 359.4 425.0 281.8INFY 912.7 904.7 946.7 949.5 966.2 1082.7 860.0ITC 271.6 276.5 285.4 294.3 277.2 367.7 222.0KOTAKBANK 1023.2 996.6 992.0 974.0 882.9 1045.4 692.5LT 1236.0 1170.7 1167.1 1163.4 1077.7 1250.5 863.4LUPIN 1002.3 989.2 1024.8 1100.4 1282.5 1573.6 917.6M&M 1292.5 1325.5 1363.2 1367.7 1310.8 1459.0 1141.4MARUTI 8120.2 7886.5 7720.0 7396.4 6607.0 8200.0 4765.3NTPC 167.8 169.1 168.8 164.1 164.8 179.2 143.3ONGC 167.7 161.7 162.4 167.8 180.8 211.8 155.2POWERGRID 212.9 215.8 217.8 212.6 203.7 226.6 167.0RELIANCE 847.2 814.9 798.8 741.0 661.7 872.5 465.0SBIN 270.1 274.7 285.7 287.3 277.9 315.3 235.0SUNPHARMA 505.5 492.1 513.9 543.2 603.0 790.8 432.7TATAMOTORS 414.8 388.8 413.5 431.7 455.2 571.1 358.5TATAPOWER 84.0 80.4 81.0 81.2 81.3 91.2 67.0TATASTEEL 687.7 657.3 611.7 553.4 504.7 693.0 363.3TCS 2493.6 2481.1 2483.8 2461.8 2409.3 2709.0 2051.9TECHM 448.9 433.6 413.7 408.7 440.5 515.3 356.7ULTRACEMCO 4209.7 4096.9 4089.9 4132.8 3910.1 4533.1 3050.0WIPRO 291.9 293.7 287.3 273.7 257.2 303.4 204.1YESBANK 1880.1 359.6 347.1 322.5 300.1 377.2 218.1ZEEL 549.1 525.8 528.3 520.4 508.0 589.9 427.7
Simple Moving Average
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
8
Bulk Deals SnapshotDeal Date Scrip Code Company Client Name Deal Type* Quantity Price **20/09/2017 540697 AMFL VIVIDOFFSET PRINTERS PRIVATELIMITED S 16,000 16.6
20/09/2017 540697 AMFL VIVIDOFFSET PRINTERS PRIVATELIMITED B 88,000 17.29
20/09/2017 513142 BALASORE NAVODAY NIKETAN PRIVATE LIMITED S 446,106 62.44
20/09/2017 532134 BANKBARODA THELEME MASTER FUND LIMITED S 75,817,327 147.06
20/09/2017 532134 BANKBARODA MERRILL LYNCH MARKETS SINGAPORE PTE. LTD. B 75,473,856 147.08
20/09/2017 521167 FRONTBUSS BLACKGOLD MEDIA ENTERTAINMENT LLP S 200,000 7.1
20/09/2017 539235 GPL VEDA EQUITY SERVICES PRIVATE LIMITED S 90,000 30.5
20/09/2017 539235 GPL MADHURI KOVVURI B 90,000 30.5
20/09/2017 530315 HINDTIN PARTH INFIN BROKERS PVT. LTD. S 402,287 102.66
20/09/2017 530315 HINDTIN PARTH INFIN BROKERS PVT. LTD. B 410,188 100.81
20/09/2017 530315 HINDTIN RELIGARE FINVEST LIMITED S 78,000 100.48
20/09/2017 524000 MAGMA LEAPFROG FINANCIAL INCLUSION INDIA HOLDINGS LTD S 3,700,000 180.06
20/09/2017 524000 MAGMA HSBC GLOBAL INVESTMENT FUNDASIA EX JAPAN EQ SMALLER CO B 2,228,649 180.17
20/09/2017 530169 MOHITPPR SATISH SHAMJI BHEDA S 111,910 11.07
20/09/2017 540698 NEL RAKHI KANOONGO B 40,000 18.22
20/09/2017 540698 NEL SUNIYOJIT MERCHANTS PRIVATE LIMITED B 48,000 18.25
20/09/2017 540698 NEL INDIRABEN JINDASBHAI DOSHI S 16,000 17.55
20/09/2017 540698 NEL INDIRABEN JINDASBHAI DOSHI B 56,000 17.97
20/09/2017 540698 NEL MITHALAL KACHARALAL PRAJAPATI S 168,000 18.12
20/09/2017 504112 NELCO WAY2WEALTH ENTERPRISES PRIVATE LIMITED S 159,651 135.9
20/09/2017 504112 NELCO WAY2WEALTH ENTERPRISES PRIVATE LIMITED B 159,651 135.68
20/09/2017 538647 PURSHOTTAM REALSTEP AGENCIES PRIVATE LIMITED S 52,044 22.6
20/09/2017 538647 PURSHOTTAM UNIFOUR GARMENTS LLP B 52,044 22.6
20/09/2017 540426 RELSTRUCT RUCHI JAYESHBHAI SHAH B 246,000 31.23
20/09/2017 531952 RIBATEX INDRA PRATAP SINGH (HUF) S 14,385 119.36
20/09/2017 531952 RIBATEX INDRA PRATAP SINGH (HUF) B 48,318 119.33
20/09/2017 523445 RIIL WAY2WEALTH ENTERPRISES PRIVATE LIMITED S 141,974 581.33
20/09/2017 523445 RIIL WAY2WEALTH ENTERPRISES PRIVATE LIMITED B 141,974 580.95
20/09/2017 513369 RJKMRFR APARNA SAMIR THAKKER B 60,000 52.15
20/09/2017 513369 RJKMRFR SAMIR ARVIND THAKKAR S 60,000 52.15
20/09/2017 538919 SKILVEN VENKATESWARA RAO SUNKARA S 46,000 13.1
20/09/2017 538919 SKILVEN BHANUCHANDER PEETHANI B 46,358 13.1
20/09/2017 539659 VIDLI HARIT EXPORTS LIMITED B 41,000 107
20/09/2017 539659 VIDLI MOHIT RAMGOPAL AGRAWAL S 41,000 107
20/09/2017 507410 WALCHANNAG WAY2WEALTH ENTERPRISES PRIVATE LIMITED S 288,319 227.34
20/09/2017 507410 WALCHANNAG WAY2WEALTH ENTERPRISES PRIVATE LIMITED B 288,319 227.14*B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
9
Monthly Economic CalendarDate Time Country Event Period Prior
21-Sep-17 US Initial Jobless Claims 16-Sep --
26-Sep-17 US Conf. Board Consumer Confidence Sep --
28-Sep-17 US GDP Annualized QoQ 2Q T --
28-Sep-17 US Initial Jobless Claims 23-Sep --
29-Sep-17 IN Fiscal Deficit INR Crore Aug --
29-Sep-17 JN Jobless Rate Aug 2.8%
29-Sep-17 JN Industrial Production MoM Aug P --
29-Sep-17 UK GDP YoY 2Q F 1.7%
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
10
Corporate Actions
Ex-Dividend
Company Name Ex-Date Purpose
A2Z Infra Engineering Limited 21-Sep-17 Annual General Meeting
Aftek Limited 21-Sep-17 Annual General Meeting
Ajmera Realty & Infra India Limited 21-Sep-17 Annual General Meeting/Dividend - Rs 3/- Per Share (Book Closure Date Revised)
Anant Raj Limited 21-Sep-17 Annual General Meeting/Dividend - Re 0.24 Per Share
APL Apollo Tubes Limited 21-Sep-17 Annual General Meeting/ Dividend- Rs 12 Per Share
Arcotech Limited 21-Sep-17 Annual General Meeting/ Dividend - Re 0.30 Per Share
Arihant Superstructures Limited 21-Sep-17 Annual General Meeting/Dividend - Re 1/- Per Share
Atul Auto Limited 21-Sep-17 Annual General Meeting/ Dividend - Rs 1.5 Per Share
Aurionpro Solutions Limited 21-Sep-17 Dividend - Re 1/- Per Share
Ausom Enterprise Limited 21-Sep-17 Annual General Meeting
Bang Overseas Limited 21-Sep-17 Annual General Meeting
Bartronics India Limited 21-Sep-17 Annual General Meeting
Chromatic India Limited 21-Sep-17 Annual General Meeting
Compucom Software Limited 21-Sep-17 Annual General Meeting/ Dividend - Re 0.10 Per Share (Purpose Revised)
Consolidated Finvest & Holdings Limited 21-Sep-17 Annual General Meeting
Cranes Software International Limited 21-Sep-17 Annual General Meeting
Cura Technologies Limited 21-Sep-17 Annual General Meeting
DB (International) Stock Brokers Limited 21-Sep-17 Annual General Meeting
Diamond Power Infra Ltd 21-Sep-17 Annual General Meeting
Dish TV India Limited 21-Sep-17 Annual General Meeting
DS Kulkarni Developers Limited 21-Sep-17 Annual General Meeting
Ducon Infratechnologies Limited 21-Sep-17 Annual General Meeting
Dynacons Systems & Solutions Limited 21-Sep-17 Annual General Meeting
ECE Industries Limited 21-Sep-17 Annual General Meeting/ Dividend - Rs 2.50 Per Share
E-Land Apparel Limited 21-Sep-17 Annual General Meeting
Empee Distilleries Limited 21-Sep-17 Annual General Meeting
Energy Development Company Limited 21-Sep-17 Dividend- Re 0.50 Per Share
Goenka Diamond and Jewels Limited 21-Sep-17 Annual General Meeting
Goodluck India Limited 21-Sep-17 Annual General Meeting/Dividend - Re 0.75 Per Share
Grand Foundry Limited 21-Sep-17 Annual General Meeting
GSS Infotech Limited 21-Sep-17 Annual General Meeting
GTN Industries Limited 21-Sep-17 Annual General Meeting
Gujarat Apollo Industries Limited 21-Sep-17 Annual General Meeting/Dividend - Rs 2.50 Per Share(Purpose Revised)
GVK Power & Infrastructure Limited 21-Sep-17 Annual General Meeting
ICSA (India) Limited 21-Sep-17 Annual General Meeting
India Tourism Development Corporation Limited 21-Sep-17 Annual General Meeting/Dividend - Rs 1.33 Per Share
Indiabulls Real Estate Limited 21-Sep-17 Annual General Meeting
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
11
Result Calendar
Company Name Board Meeting Date Purpose
Easun Reyrolle Limited 21-Sep-17 Board Meeting Postponed
Kansai Nerolac Paints Limited 16-Oct-17 Results
Axis Bank Limited 17-Oct-17 Results
HDFC Bank Limited 24-Oct-17 Results
Infosys Limited 24-Oct-17 Results/Dividend
Mahindra Lifespace Developers Limited 30-Oct-17 Results
TCI Developers Limited 2-Nov-17 Results
Transport Corporation of India Limited 2-Nov-17 Results
Polaris Consulting & Services Limited 7-Nov-17 Results/Others
NIFTY 10141 IN FOCUS
Support 10110
10040
Resistance 10200
10260
Stock in Focus ULTRATECH CEMENT
Positional Pick ARVIND
Intraday Pick NATIONALUM
Intraday Pick PVR
Institutional Equity Research
MARKET LENS
September 21, 2017
12
Reliance Securities Limited (RSL), the broking arm of Reliance Capital is one of the India’s leading retail broking houses. Reliance Capital is amongst India’s leading and most valuable financial services companies in the private sector. Reliance Capital has interests in asset management and mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management services, distribution of financial products, private equity, asset reconstruction, proprietary investments and other activities in financial services. The list of associates of RSL is available on the website www.reliancecapital.co.in. RSL is registered as a Research Analyst under SEBI (Research Analyst) Regulations, 2014
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RSL CIN: U65990MH2005PLC154052. SEBI registration no. ( Stock Brokers: NSE - INB / INF / INE 231234833; BSE - INB / INF / INE 011234839, Depository Participants: CDSL IN-DP-257-2016 IN-DP-NSDL-363-2013, Research Analyst: INH000002384); AMFI ARN No.29889.
