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Daily Equity Report

The benchmark indices settled at fresh closing high on Thursday, though bears tried intermittently for control. The market has consistently been hitting fresh record highs, backed by select large caps and banks on hopes of a likely improvement in asset quality going forward. Nifty 50 index closed at a new high of 11,484.90, up 17 points.

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Daily Equity Report

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  1. ; Daily Equity Report 10-8-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance The benchmark indices settled at fresh closing high on Thursday, though bears tried intermittently for control. The market has consistently been hitting fresh record highs, backed by select large caps and banks on hopes of a likely improvement in asset quality going forward. Nifty 50 index closed at a new high of 11,484.90, up 17 points. R1/R2 11510/1200 S1/S2 11450/11350 Daily Chart:

  2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Shares of public sector undertaking (PSU) bank were in focus with the Nifty PSU Bank index gaining around 3% on the NSE in an otherwise range-bound market on. Union Bank of India, Allahabad Bank and Oriental Bank of Commerce were up 5% each, while Andhra Bank, Bank of India, Canara Bank, Bank of Baroda, Syndicate Bank, PNB and SBI were up in the range of 3% to 4% on the NSE. R1/R2 28500/28800 S1/S2 28150/27800 Daily Chart: Technical Outlook Top Losers Top Gainers AXISBANK ICICIBANK HINDALCO SBIN BHARTIARTL TITAN ONGC CIPLA 367 914.95 169 621.05 621.35 332 228.1 317.65

  3. ; Daily Newsletter Page 3 Stock Corner: Bajaj Electricals posted a 98 percent year-on-year increase in its net profit for the June quarter to Rs 40.5 crore, on the back of strong growth in its consumer durables business.The consumer durables segment overtook engineering, procurement and construction (EPC) to become the largest contributor to the company's overall revenue. Shares of Cipla today spurted nearly 5 percent after the company posted a 10 per cent increase in consolidated net profit for the June quarter Drug major Cipla yesterday posted a 10 per cent increase in its consolidated net profit to Rs 451 crore for the first quarter ended June 30, driven by robust sales across various markets. 1. Auto ancillary company Bharat Forge has started off the financial year 2018-19 on a strong note as first quarter profit surged 33.9 percent on growth across the board. Profit increased to Rs 234.5 crore from Rs 175.1 crore in same period last year. Revenue during the quarter rose 23.2 percent year-on-year to Rs 1,479.7 crore, backed by domestic as well as exports businesses. Public sector Indian Bank on Wednesday reported a 43.7 percent decline in net profits for the quarter ending June 30, 2018, to Rs 209.31 crore. The city-headquartered bank had recorded net profits of Rs 372.40 crore in the corresponding period last year. For the year ending March 31, 2018 the bank's net profits stood at Rs 1,258.99 crore. Hindustan Petroleum Corporation rose after the company reported 85.91% rise in net profit to Rs 1719.21 crore on 26.12% increase in net sales to Rs 67331.52 crore in Q1 June 2018 over Q1 June 2017. 2. 3. 4. 5. Stock in ban period ADANIENT, ADANIPOWER, PNB.

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks ACC FUT Stock closed above its important resistance zone which can be seen in below daily charts if able to give breakouts and sustain above it than big buying movement is expected. INTRADAY 1595 1630 1675 1584 1525 1500 1440 Sideways to Positive R1 R2 R3 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 2040800 1583.90 1542 400 1570.80 LEVEL S1 S2 S3 All over trends

  5. Daily Newsletter ; Page 5 HINDALCO FUT Stock gains as much as and given breakouts of its trend line resistance and closed around its resistance buying can be seen in coming sessoion. INTRADAY R1 R2 R3 235 245 250 229.50 215 210 200 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 38661000 229.40 223.15 3500 226.38 LEVEL S1 S2 S3 All over trends Sideways to Positive

  6. Daily Newsletter ; Page 6 Event Calendar (06th to 11th August) 06/08/18 (Mon) 07/08/18 (Tues) 08/08/18 (Wed) 09/08/18 (Thurs) 10/08/18 (Fri) 11/08/18 (sat) Result Result Result 8KMILES, BEML, BPCL, CIPLA, HINDPETRO, INDIANB, LUPIN, NDTV, SBIN Result BAJAJELEC, BHARATFORG, GNFC, KSCL, MRF, TATACOMM Result Result ADANIPORTS, DANIPOWER, ARVIND, BRITANNIA, DENABANK, HUL. ADANITRANS, DOLPHINOFF, EDELWEISS, INOXWIND, PNB, PTC, SRF, TVSMOTOR APOLLOHOSP, CGPOWER, GAIL, IGL, JETAIWAYS, NCC AMARAJABAT IOC, MRPL, NBCC Daily Calls INTRADAY BASIC CALLS DATE 09/08/18 09/08/18 09/08/18 HNI CALLS Service Cash Future Cash Stock Name GRAPHITE STAR 420 CE DALMIABHA Entry Price 1090 29 1725 Exit 1100 30.90 2684.90 Profit/loss 2727 1520 5581 DATE 09/08/18 09/08/18 09/08/18 Service Cash Option Option Stock Name TORNTPHARM DCBBANK 170 CE BANKBARODA 155 CE Entry Price 1725 6 6.10 Exit 1760 6.70 7.10 Profit/loss 20290 3150 20000 Report by Senior Researcher : Miss Namrata Otwani

  7. Daily Newsletter ; Page 7 DISCLAIMER Entering our site means that you have read, understood and agreed to everything that is written and implied in this disclaimer note. RESEARCH is published solely for informational purposes and must in no way be construed as investment advice for a specific individual. The information and views in this website & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Investment in equity shares, futures, options and commodities has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. The information contained herein is from sources believed reliable. We do not represent that it is accurate, complete and it should not be relied upon as such. Any action taken by you on the basis of the information contained in this site is your responsibility only and we will not be liable in any manner for the consequences of such action taken by you. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Reports or any other information provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. By accessing our site or any of its associate/group sites, you have read, understood and agree to be legally bound by the terms of the following disclaimer and user agreement Star India Market Research and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Research House is not responsible for any technical failure or malfunction of the software or delays of any kind. We are also not responsible for non- receipt of registration details or e-mails. You understand and agree that no joint venture, partnership, employment or agency relationship exists between you and Research House as a result of this agreement or on account of use of our website. Price and availability of products and services offered on the site are subject to change without prior notice. We provide information about the availability of products or services to a certain extent but you should not rely on such information. Star India will not be liable for any lack of availability of products and services you may order through the site. www.starindiaresearch.com

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