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Daily Equity Report - Star India Market Research

Nifty started the July expiry week on a strong note, managing to end the session near the high point of the day after the Goods and Services Tax (GST) Council cut tax rates on scores of items while keeping the cess on cigarettes unchanged during its weekend meeting.

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Daily Equity Report - Star India Market Research

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  1. ; Daily Equity Report 24-7-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance Nifty started the July expiry week on a strong note, managing to end the session near the high point of the day after the Goods and Services Tax (GST) Council cut tax rates on scores of items while keeping the cess on cigarettes unchanged during its weekend meeting. R1/R2 11140/11190 S1/S2 11000/10900 Daily Chart:

  2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Bank Nifty gains for the second consecutive day and end on a positive note. Today given breakouts of its immediate resistance and ends above it which further indicates more buying in it. R1/R2 27235/27660 S1/S2 26700/26060 Daily Chart: Technical Outlook Top Losers Top Gainers UPL VEDL BAJAJFINSV ADANIPORTS HEROMOTOCO BAJAJ-AUTO WIPRO HDFCBANK 3,154.85 2,688.10 275.95 2,149.70 634.9 210.7 6,920.00 383.5

  3. ; Daily Newsletter Page 3 Stock Corner: Shares of paint, consumer durables and footwear companies have rallied by up to 10 per cent on the BSE, after the GST Council on Saturday reduced tax rates from 28 per cent to 18 per cent on a range of daily use products and appliances.Among items on which GST was reduced include footwear, small televisions, water heater, electric ironing machines, refrigerators, lithium ion batteries, hair dryers, vacuum cleaners, food appliances and ethanol. Shares of public sector undertaking (PSU) banks have moved by up to 6% on the National Stock Exchange (NSE) after Vijay Bank said its assets quality improved in June 2018 1. (Q1FY19) quarter. Havells has started the financial year on a strong note clocking 40 per cent revenue growth during the June quarter. This was primarily led by its electrical consumer durables (ECD) segment while the Lloyd's air-conditioners (AC) business also surprised positively and other segments too supported. UPL has surged 15% to Rs 631 on the BSE on heavy volumes in noon deals, after the company announced the acquisition of Arysta LifeScience – the agrochemical business of US-based Platform Chemicals – for a consideration of $4.2 billion. HDFC Bank fell 1.02% to Rs 2167.85 on BSE after net profit rose 18.17% to Rs 4601.44 crore on 18.85% increase in total income to Rs 26367.04 crore in Q1 June 2018 over Q1 June 2017. 2. 3. 4. 5. Stock in ban period NIL

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks UPL FUT Stock closed with big bullish candle near around its resistance, breakouts could be seen in coming session. INTRADAY 655 680 701 642 580 555 R1 R2 R3 Stock Info VOLUME DAY HIGH DAY LOW 41775600 639.45 555.40 LEVEL S1 S2 MARKET LOT SIZE 1200 S3 535 Bullish VWAP 609.37 All over trend

  5. Daily Newsletter ; Page 5 Repohome FUT Stock trading around its trend line resistance breakouts could be seen in coming session. INTRADAY R1 R2 R3 620 630 660 605 570 555 540 Bullish Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 611100 604.50 570.40 900 594.87 LEVEL S1 S2 S3 All over trends

  6. Daily Newsletter ; Page 6 Event Calendar (23rd July to 28th July) 23/07/18 (Mon) 24/07/18 (tues) 25/07/18 (wed) 26/07/18 (thurs) 27/07/18 (Fri) 28/07/18 (sat) Result ACC DELTACORP, GRANULES, HINDZINC, LT, UNITES SPIRITS, WELCORP, VIJAYABANK Result ASIANPAINT, HEXAWARE, KRBL, NETWORK18, RADICO Result AMBUJACEM, INFRATEL, BHEL, CANBK, DISHMAN, GRUH, JSWSTEEL, JUBLFOOD Result BHARATFIN, BHARTIARTL, BIOCON, CESC, DRREDDY, ITC, MARUTI, RSSOFTWARE Result HCLTECH, ICICIBANK, ONMOBILE Result JKCEMENT, NTPC Daily Calls INTRADAY BASIC CALLS DATE 23/07/18 23/07/18 23/07/18 Service Cash Future Option Stock Name BBL KSCL FUT HEROMOTOCO 3300 PE Entry Price 1064 583.50 85 Exit 1089.40 588.50 103 Profit/loss 7095 7500 5000 HNI CALLS DATE 23/07/18 23/07/18 23/07/18 Service Future Cash Option Stock Name ADANIPOWER FUT PCJEWELLER SRTRANSFIN 1200 CE Entry Price 24.85 88 25 Exit 24.60 94 31.60 Profit/loss 25000 68182 19800 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 investme7nt 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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