ELITE INVESTMENT ADVISORY SERVICES DAILY EQUITY REPORT
23/11/2017
MARKET SUMMARY
EQUITY BENCHMARKS CLOSED WITH RECOVERY SESSION FLAT WITH A POSITIVE BIAS ON FRIDAY AFTER INVESTORS DIGESTED THE OUTCOME OF FEDERAL RESERVE POLICY MEETING AND FOCUSSED ON CORPORATE EARNINGS.THE 30-SHARE BSE SENSEX WAS GAIN 83.20 POINTS AT 33561.55 INTRADAY BASIS .AUTO,PHARMA,MEDIA & METAL STOCKS WERE UNDER POSITIVE WHILE ANY OTHER FMCG, PSUBANK STOCKS NEGATIVE.THE 50-SHARE NSE NIFTY GAIN 15.40 POINTS TO CLOSE AT 10,342.30 AFTER HITTING AN INTRADAY RECORD BANKNIFTY HIGH OF 25924AND MOODYS UPGRADED INDIA’S SOVEREIGN BOND RATTING BAA2 FROM BAA3
MARKET UPDATE MARKET
CLOSING
CHANGE
% CHANGE
SENSEX
33561.55
+83.20
+0.25
NIFTY-50
10342.30
+15.40
+0.15
DAILY STOCK RECOMMENDATIONS
CALL: BUY PRICOLLTD ABOVE 115.0 TARGETS, 116, 117, 118 STOPLOSS 113.0
:
CALL: BUY JAICORPLTD ABOVE 161.7 TARGETS 163.7, 165.70, 167.7 STOPLOSS 286
CALL: BUY WALCHANNAG ABOVE 240.20 TARGETS 242.20, 244.20, 246.20 STOPLOSS 316.5
NIFTY TOP 3 GAINERS/ LOSERS
COMPANY NAME
CMP
ZEEL
560.65
ADANIPORTS GAIL
413.95 470.05
PREV. CLOSE 540.25
% CHG 3.78
400.80
3.28
459.95
2.20
COMPANY NAME
% CHG
482.60
PREV. CLOSE 493.85
BAJFINANCE
1773.80
1809.75
1.99
HINDALCO
256.90
261.45
1.74
TECHM
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CMP
2.28
SECTORIAL INDICES
3 2.5 % CHANGE
2 1.5
1 0.5 0 -0.5
-1
INDEX
FII/DII ACTIVITY
INSTITUTIONS FII’s DII’S
BUY VALUE 4717.84 3438.83
SELL VALUE 5159.30 2601.61
NET VALUE -441.46 837.22
CLOSING 64.74 76.07 85.85 57.75
CHANGE +0.15 +0.04 +0.21
% CHANGE +0.19 +0.05 +0.37
CURRENCY UPDATE
CURRENCY USD INR EUR INR GBP INR JPY INR
CURRENCY UPDATE KEY UPCOMING EVENTS
EVENT DESCRIPTION CORE RETAIL SALES SECOUND ESTIMATE GDP Q/Q
REGION CAD USD
FORECAST 0.9% 0.4% -
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PREVIOUS -0.7% 0.4%
SCRIPT
R3
R2
R1
PIVOT
S1
S2
S3
NIFTY50
10455
10395
10370
10340
10310
10280
10220
NIFTY-50 TRADING STRATEGY: NIFTY-50 CLOSED AT POSITIVE SIDE AND TAKE A SUPPORT FROM THE LEVEL OF 10309, IF NIFTY-50 WILL CROSS THE LEVEL OF 10368, IN THE NEXT TRADING SESSION. WE RECOMMENDED BUY FROM THE LEVEL OF 10370.
SCRIPT
R3
R2
R1
PIVOT
S1
S2
S3
NIFTY BANK
26085
25920
25845
25755
25675
25590
25420
NIFTY-BANK TRADING STRATEGY: IN THE TODAY’S TRADING SESSION, NIFTY-BANK HAS TAKEN THE SUPPORT FROM THE LEVEL OF 25665 AND CLOSED AT 25757, IF NIFTYBANK WILL BE TRADE BELOW 25840. IN THE NEXT TRADING DAY, THEN WE RECOMMENDED BUY ABOVE THE LEVEL OF 25840
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