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Daily Equity Report 005 Sep ( star India Market Research)

Nifty closed in the red for the fifth straight day. Most of Nifty’s sectoral indices were down by over 1% Only the IT index was trading in the green, maintaining its momentum and supporting the market to ensure that it doesn’t fall further. The market breadth was also negative, with over 1,000 stocks declining.

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Daily Equity Report 005 Sep ( star India Market Research)

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  1. ; Daily Equity Report 05-9-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance Nifty closed in the red for the fifth straight day. Most of Nifty’s sectoral indices were down by over 1% Only the IT index was trading in the green, maintaining its momentum and supporting the market to ensure that it doesn’t fall further. The market breadth was also negative, with over 1,000 stocks declining. R1/R2 11650/11800 S1/S2 11500/11350 Daily Chart:

  2. ; Daily Newsletter Page 1 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Bank Nifty began on a good note, but selling began within the first few minutes of trade in the morning. Banks were a big drag, but it was the rupee that led to the big drag. Additionally, sentiment could have been soured as FPIs cried foul over SEBIs’ circular asking for KYC compliance for all such cases, failing which they will have to wind up positions. R1/R2 28410/28550 S1/S2 27820/27450 Daily Chart: Technical Outlook Top Losers GRASIM IBULHSGFIN ULTRACEMCO ASIANPAINT Top Gainers TECHM HCLTECH TCS INFY 1,022.40 1,210.00 4,211.00 1,313.00 766 1,076.00 2,100.00 733

  3. ; Daily Newsletter Page 2 Stock Corner: Infosys share price rallied on buying demand from investors after the stock adjusted for bonus issue. The country's second largest IT services provider announced the issue of bonus shares in the ratio of one equity share for every equity share held and a stock dividend of one American Depositary Share (ADS) for every ADS held, as on a record date. The record date for the same is fixed as September 5, 2018. Tata Consultancy Services (TCS), on Tuesday, managed to hit market capitalisation of Rs 8 lakh crore again, following a huge surge in IT stocks. TCS stock hit a fresh 52-week high of Rs 2,112. 1. Shares of Force Motors slipped nearly 4.7 percent after company reported weak sales number for the month ended August 2018. The company's total August auto sales declined 25 percent at 2,083 units against 2,779 units, YoY. Shares of Hathway Cable and Datacom jumped 10 percent after company entered in to partnership with Netflix to offer video streaming services to its subscribers. Shares of Larsen & Toubro (L&T) Infotech surged 7% to Rs 1,888 on the BSE in early morning trade on Tuesday after the company’s offer for sale (OFS) on Monday got a strong response from the institutional investors. Shares of Hikal hit a 52-week high of Rs 192, up 4% on Tuesday, extending its previous day’s 15% surged on the National Stock Exchange (NSE), after investor Ashish Kacholia bought nearly 2% stake in the pharmaceutical company via open market. 2. 3. 4. 5. 6. Stock in ban period ADANIENT

  4. Daily Newsletter ; Page 3 Technical outlook of top 2 stocks BEML FUT Stock tanks and closed near around its immediate support which can be seen in below charts selling pressure may seen in stock if able to give breakouts and sustain below it. INTRADAY R1 R2 R3 845 870 920 777.80 750 730 700 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 2405000 841.85 781.10 500 805.33 LEVEL S1 S2 S3 All over trends Sideways to Negative

  5. Daily Newsletter Page 4 ; ORIENTBANK FUT Stock is heading towards its immediate channel line support as well as closed with big bearish candle which indicates more selling pressure. INTRADAY R1 R2 R3 85 90 95 79 75 70 65 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 14904000 84.90 79.30 6000 81.57 LEVEL S1 S2 S3 All over trends Sideways to Negative

  6. Daily Newsletter ; Page 5 Event Calendar (03rd to 08th Sept) 03/09/18 (Mon) 04/09/18 (Tues) 05/09/18 (Wed) 06/09/18 (Thurs) 07/09/18 (Fri) 08/09/18 (sat) - Result Result SREINFRA Result RELIGARE - Result IFCI MUTHOOTFIN

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