08 Nov Daily Equity/ Future Market Reports by Elite Research

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ELITE INVESTMENT ADVISORY SERVICES DAILY EQUITY REPORT

08/11/2017

MARKET SUMMARY

EQUITY BENCHMARKS CLOSED RANGEBOUND SESSION FLAT WITH A NEGATIVE BIAS ON MONDAY AFTER INVESTORS DIGESTED THE OUTCOME OF FEDERAL RESERVE POLICY MEETING AND FOCUSSED ON CORPORATE EARNINGS.THE 30-SHARE BSE SENSEX WAS LOSS 360.43 POINTS AT 33370.76 INTRADAY BASIS . AUTO, FIN SERVICE, BANKS & REALITY AND PHARMA STOCKS WERE UNDER NEGATIVE WHILE IT STOCKS POSITIVE.THE 50-SHARE NSE NIFTY LOST 0.70 POINTS TO CLOSE AT 10,350.15, AFTER HITTING AN INTRADAY RECORD HIGH OF 10,490 IN YESTERDAY OPENING TRADE.

MARKET UPDATE MARKET

CLOSING

CHANGE

% CHANGE

SENSEX

33370.76

-360.43

-1.07

NIFTY-50

10350.15

-101.65

-0.97

DAILY STOCK RECOMMENDATIONS

CALL: BUY HINDOILEXO ABOVE 119 TARGETS 120, 121, 122 STOPLOSS 117

:

CALL: BUY SAKUMA ABOVE 264.20 TARGETS 267, 270, 273 STOPLOSS 258.20 CALL: BUY DATAMETICS ABOVE 116.6 TARGETS 117.60, 118.60, 119.60 STOPLOSS 114.60

NIFTY TOP 3 GAINERS/ LOSERS

COMPANY NAME HCLTECH

CMP

% CHG

877.0

PREV. CLOSE 845.05

HINDPETRO

477

INFY

955.35

3.78

COMPANY NAME LUPIN

434.05

2.98

928.70

2.87

% CHG

860.10

PREV. CLOSE 1034.5

CIPLA

608.25

654.80

-7.11

SBIN

317.25

329.0

-3.57

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CMP

-16.86


% CHANGE

SECTORIAL INDICES

3 2 1 0 -1 -2 -3 -4 -5 INDEX

FII/DII ACTIVITY

INSTITUTIONS FII’s DII’S

BUY VALUE 5563.47 4168.52

SELL VALUE 5102 6214.59

NET VALUE 461.47 -2046.07

CLOSING 64.80 75.22 85.33 56.85

CHANGE +0.34 -0.11 +0.65 +0.25

% CHANGE +0.53 -0.15 +0.76 +0.44

CURRENCY UPDATE

CURRENCY USD INR EUR INR GBP INR JPY INR

CURRENCY UPDATE KEY UPCOMING EVENTS

EVENT DESCRIPTION CRUDOIL INVENTORIES 10-Y BOND AUCTION

REGION USD USD

FORECAST -

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PREVIOUS -2.4M 2.35/2.5 -


SCRIPT

R3

R2

R1

PIVOT

S1

S2

S3

NIFTY50

10680

10535

10445

10390

10300

10245

10100

NIFTY-50 TRADING STRATEGY: NIFTY-50 CLOSED AT NEGETIVE SIDE AND TAKE A SUPPORT FROM THE LEVEL OF 10340, IF NIFTY-50 WILL CROSS THE LEVEL OF 10340, IN THE NEXT TRADING SESSION. WE RECOMMENDED SELL FROM THE LEVEL OF 10340.

SCRIPT

R3

R2

R1

PIVOT

S1

S2

S3

NIFTY BANK

28640

27195

26245

25745

24800

24300

22855

NIFTY-BANK TRADING STRATEGY: IN THE TODAY’S TRADING SESSION, NIFTY-BANK HAS TAKEN THE SUPPORT FROM THE LEVEL OF 25248 AND CLOSED AT 25300, IF NIFTYBANK WILL BE TRADE ABOVE 25250. IN THE NEXT TRADING DAY, THEN WE RECOMMENDED SELL BELOW THE LEVEL OF 25250.

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