16 Nov 2017 Daily Equity Market Reports

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ELITE INVESTMENT ADVISORY SERVICES DAILY EQUITY REPORT

16/11/2017

MARKET SUMMARY

EQUITY BENCHMARKS CLOSED RANGEBOUND SESSION FLAT WITH A NEGATIVE BIAS ON TUSDAY AFTER INVESTORS DIGESTED THE OUTCOME OF FEDERAL RESERVE POLICY MEETING AND FOCUSSED ON CORPORATE EARNINGS.THE 30-SHARE BSE SENSEX WAS LOSS 181.43 POINTS AT 32760.40 INTRADAY BASIS . , IT, PHARMA, FMCG, PSUBANK & METAL STOCKS WERE UNDER NEGATIVE WHILE ANY OTHER SECTORIAL STOCKS POSITIVE.THE 50-SHARE NSE NIFTY LOSS 68.55 POINTS TO CLOSE AT 10,118.05, AFTER HITTING AN INTRADAY RECORD HIGH OF 10,490 AND GST COUNCIL TWO-DAYS MEETING STARTS ON 09 NOV 2017.

MARKET UPDATE MARKET

CLOSING

CHANGE

% CHANGE

SENSEX

32760.40

-181.43

-0.55

NIFTY-50

10118.05

-68.55

-0.67

DAILY STOCK RECOMMENDATIONS

CALL: BUY SORILINFRA ABOVE 289.50 TARGETS, 292.50, 295.5, 298.5 STOPLOSS 283.5

:

CALL: BUY LTI ABOVE 985 TARGETS 994, 1003, 1012 STOPLOSS 867 CALL: BUY IFBIND ABOVE 1200 TARGETS 1212, 1224, 1236 STOPLOSS 1186

NIFTY TOP 3 GAINERS/ LOSERS

COMPANY NAME

CMP

% CHG

507.0

PREV. CLOSE 493.05

BPCL ASIANPAINT

1183.0

1155.05

2.42

AMBUJACEM

277.50

271.35

2.27

2.83

COMPANY NAME INFRATEL SUNPHARMA VEDL

WWW.ELITERESEARCH.IN

CMP 380.40 504.55 296.50

PREV. CLOSE 396.95 526.05 308.95

% CHG -4.17 -4.09 -4.03


SECTORIAL INDICES

0

% CHANGE

-0.5 -1

-1.5 -2 -2.5

-3 -3.5

INDEX

FII/DII ACTIVITY

INSTITUTIONS FII’s DII’S

BUY VALUE 5294.73 3895.02

SELL VALUE 5676.15 3025.93

NET VALUE -381.42 869.09

CLOSING 65.36 77.06 85.91 57.76

CHANGE -0.20 +0.54 +0.18 +0.28

% CHANGE -0.30 +0.71 +0.21 +0.49

CURRENCY UPDATE

CURRENCY USD INR EUR INR GBP INR JPY INR

CURRENCY UPDATE KEY UPCOMING EVENTS

EVENT DESCRIPTION UNEMPLOUMENT CLAIM BOE GOVT CARNEY SPEAK INDUSTRIAL PROD.

REGION USD GBP USD

FORECAST 235K 0.5%

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PREVIOUS 239K 0.3%


SCRIPT

R3

R2

R1

PIVOT

S1

S2

S3

NIFTY50

10290

10210

10165

10130

10085

10050

9965

NIFTY-50 TRADING STRATEGY: NIFTY-50 CLOSED AT NEGETIVE SIDE AND TAKE A SUPPORT FROM THE LEVEL OF 10094, IF NIFTY-50 WILL CROSS THE LEVEL OF 10090, IN THE NEXT TRADING SESSION. WE RECOMMENDED SELL FROM THE LEVEL OF 10090.

SCRIPT

R3

R2

R1

PIVOT

S1

S2

S3

NIFTY BANK

25540

25385

25300

25235

25150

25080

24930

NIFTY-BANK TRADING STRATEGY: IN THE TODAY’S TRADING SESSION, NIFTY-BANK HAS TAKEN THE SUPPORT FROM THE LEVEL OF 25166 AND CLOSED AT 25218, IF NIFTYBANK WILL BE TRADE BELOW 25200. IN THE NEXT TRADING DAY, THEN WE RECOMMENDED SELL BELOW THE LEVEL OF 25200.

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