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Daily Equity Report- 16 Aug

Nifty continues to venture in to uncharted territory as it inched closer to the 11,500-zone. Any decline seems to get arrested quickly on the downside; in fact, the upswing is so strong that Nifty is not even breaching its short-term 5-DEMA. A break above the immediate resistance of 11,500 would further lift Nifty towards the potential target of 11,600-11,650-levels, while 11,350 remains the crucial support.

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Daily Equity Report- 16 Aug

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  1. ; Daily Equity Report 16-8-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance Nifty continues to venture in to uncharted territory as it inched closer to the 11,500-zone. Any decline seems to get arrested quickly on the downside; in fact, the upswing is so strong that Nifty is not even breaching its short-term 5-DEMA. A break above the immediate resistance of 11,500 would further lift Nifty towards the potential target of 11,600-11,650- levels, while 11,350 remains the crucial support. R1/R2 11510/11600 S1/S2 11350/11200 Daily Chart:

  2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Bank Nifty, on the other hand, has broken out from a fresh consolidation phase. This indicates that the index has legs to rally further. Our monthly chart analysis indicates that Bank Nifty has immediate resistance at the rising trendline of 28,750-28,800- levels, while support is upgraded to 28,000-levels. R1/R2 28150/28400 S1/S2 27800/27400 Daily Chart: Technical Outlook Top Losers Top Gainers SUNPHARMA YESBANK LUPIN CIPLA UPL 608.9 372.35 3,266.40 366.5 605.6 383.5 838.75 645.95 ADANIPORTS HEROMOTOCO BHARTIARTL

  3. ; Daily Newsletter Page 3 Stock Corner: IDBI Bank reported a wider net loss of Rs 2,409.90 crore for the first quarter ending June 2018. The loss widened from Rs 853 crore registered in the same quarter a year ago, due to a jump in non-performing assets (NPAs) and provisions. In the fourth quarter ending March 2018, the net loss stood at Rs 5,663 crore. Rajesh Exports, the world's largest gold refiner, today reported 34.43 per cent jump in consolidated net profit to Rs 399.1 crore for the quarter ended June 30, 2018. Net profit in the year-ago period stood at Rs 296.8 crore Total income declined to Rs 43,926.7 crore from Rs 50,408.2 crore in the year-ago period. Expenses however remained lower at Rs 1. 43,535.7 crore as against Rs 50,116 crore in the said period. Sun Pharma reported a consolidated net profit of Rs 982.8 crore in the first quarter ended June, beating analysts' estimates on strong India and US sales. In the same quarter last year, the largest drugmaker in India had reported a net loss of Rs 423 crore. Profit in that quarter was adversely impacted by the settlement with certain plaintiffs related to the Modafinil antitrust litigation in the US, with the settlement amounting to Rs 951 crores. State-owned Allahabad Bank today reported a net loss of Rs 1,944.37 crore in the first quarter ended June due to higher provisioning for bad loans. The bank had registered a net profit of Rs 28.84 crore in the corresponding April-June period of 2017-18. Total income of the bank also fell to Rs 4,794.04 crore as against Rs 4,968.57 crore mainly owing to fall in income from other sources. 2. 3. 4. Stock in ban period ADANIENT, ADANIPOWER, JETAIRWAYS, PNB.

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks WOCKPHARMA FUT Stock had trading around its trend line resistance, breakouts were expected in stock. INTRADAY R1 R2 R3 640 665 700 617 585 545 500 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 1852200 614.45 590.30 900 603.69 LEVEL S1 S2 S3 All over trends Sideways to Positive

  5. Daily Newsletter ; Page 5 BAJFINANCE FUT Trend of stock is bullish as well as trading near around its resistance, breakouts can be seen in coming session. INTRADAY 2895 2925 2960 2873 2755 2657 2520 BULLISH R1 R2 R3 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 4616000 2849 2774.95 500 2824.74 LEVEL S1 S2 S3 All over trends

  6. Daily Newsletter ; Page 6 Event Calendar (13th to 18th August) 13/08/18 (Mon) 14/08/18 (Tues) 15/08/18 (Wed) 16/08/18 (Thurs) 17/08/18 (Fri) 18/08/18 (sat) Result CARE, Result ALBK, ATLANTA, BGRENERGY, COX&KINGS, DBREALTY, GRASIM, HDIL, IDBIBANK - - - - DCMFINANCIAL, DHFL, EROSMEIDA, GATI, GODREJIND, JISLJALEQS, OIL, TATASTEEL Daily Calls INTRADAY BASIC CALLS DATE 14/08/18 14/08/18 14/08/18 HNI CALLS Service Cash Future Option Stock Name KPIT MINDTREE FUT BAJFINANCE 2800 Entry Price 297.50 991 71.60 Exit 299.75 999 79.60 Profit/loss 2269 9600 5500 DATE 14/08/18 14/08/18 14/08/18 Service Cash Future Option Stock Name UBL NIITTECH FUT UBL 1300 CE Entry Price 1320 1311 44 Exit 1345 1330 56.90 Profit/loss 17045 14250 65100 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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