TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES ) NIFTY FIFTY : - Nifty futures/Bank Nifty futures market closed on 10101 / 24853 According to technical analysis if Nifty futures and Bank Nifty future moves up-word in tomorrow treading session then 10142 will be small resistance for Nifty futures and at the same time 24986 will be small Resistance for Bank Nifty futures, if it break this level then then Nifty futures can touch 10190 level and Bank Nifty futures can touch 25098 level in next few days. It will be hard resistance for Nifty futures and Bank Nifty futures. Meanwhile in reveres there is small support on 1087 for Nifty futures and 24793 is for Bank Nifty futures after breaking this support with volume there is big support for Nifty futures on 9972 and 24280 for Bank Nifty futures.
Monday, 18 Sep 2017
TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES ) NIFTY DAILY
WEEKLY
MONTHLY
R2
R1
PP
S1
S2
10283
10171
10115
10058
9946
R2
R1
PP
S1
S2
10314
10070
9948
9828
9582
R2
R1
PP
S1
S2
11245
10365
9925
9485
8606
R2
R1
PP
S1
S2
25342
25049
24902
24756
24463
R2
R1
PP
S1
S2
25175
24623
24348
24072
23521
R2
R1
PP
S1
S2
28618
25863
24485
23107
20351
BANK NIFTY DAILY
WEEKLY
MONTHLY
MOVING AVERAGE
21 DAYS
50 DAYS
100 DAYS
200 DAYS
NIFTY
9968
9942
9735
9211
BANK NIFTY
24436
24408
23757
21838
PARABOLIC SAR
DAILY
WEEKLY
MONTHLY
NIFTY
10066
8785
7504
BANK NIFTY
24031
20136
15641
PATTERN FORMATION ( NIFTY )
Detail of Chart - Nifty future opened at 10142 which is above closing of last trading session of 10141. made high of 10188 bollinger band also sugsest to move upward dirctions we can expect further upside movement in it next resistance level of nifty is 10234.
PATTERN FORMATION ( BANK NIFTY )
Detail of Chart -bank nifty future opened at 24960 which is almost gapup open of 110 point from privious close.priviuous closing of bank nifty was 24853.it made high of 25104, bollinger band also upside movement in it. wecan expect further upside movement in it next resistance for bank nifty is 25147.
NSE EQUITY DAILY LEVELS COMPANY NAME
R2
R1
PP
S1
S2
ACC ALBK
EQ EQ
1856 75
1840 74
1832 73
1814 72
1805 71
AMBUJACEM ASIAN PAINT AXISBANK BAJAJ-AUTO BANKBARODA BANKINDIA BHEL BHARTIARTL CIPLA COALINDIA DLF DRREDDY GAIL GRASIM HCLTECH HDFC HDFCBANK HEROMOTOCO HINDALCO HINDUNILVR ICICIBANK ITC INDUSIND BANK INFY JINDALSTEL KOTAKBANK LT M&M MRF MARUTI ONGC ORIENTBANK RCOM RELCAPITAL RELIANCE RELINFRA RPOWER SBIN VEDL SUNPHARMA TATAMOTORS TATAPOWER TATASTEEL UNIONBANK
EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ
289 1266 530 3214 150 157 136 403 579 268 196 2312 410 1268 904 1787 1870 4003 253 1311 295 273 1780 922 154 1034 1261 1312 65628 8215 169 136 20 777 854 513 45 275 332 535 416 85 687 140
285 1259 526 3176 147 156 134 400 574 266 194 2283 405 1248 900 1779 1865 3979 251 1296 294 270 1761 915 152 1026 1249 1302 65304 8191 167 135 19 772 849 506 44 272 329 528 410 84 679 139
283 1254 522 3110 146 155 133 397 567 263 193 2229 402 1236 894 1771 1858 3937 249 1271 293 268 1734 910 150 1017 1234 1296 64976 8161 166 134 18 763 846 503 43 271 324 519 406 83 675 138
280 1247 518 3072 143 153 132 394 563 261 192 2200 398 1216 890 1763 1853 3913 247 1256 292 265 1715 904 148 1009 1222 1287 64652 8137 164 133 17 758 841 498 41 268 321 513 400 82 667 136
278 1241 514 3006 142 152 131 391 556 258 190 2146 395 1204 885 1754 1847 3871 246 1231 291 263 1687 899 146 999 1206 1281 64324 8106 162 132 16 749 838 494 40 266 317 503 397 81 663 135
TOP 15 ACHIEVERS SR.NO
SCRIPT NAME
//
PREV CLOSE
CMP
% CHANGE
TOP 15 LOOSERS SR.NO
SCRIPT NAME
PREV CLOSE
CMP
% CHANGE
1
SUNPHARAM
467.45
521.05
+11.47
1
WIPRO
301.15
289.30
-3.93
2
TATAMOTOR
375.30
404.95
+7.90
2
INDIAN OIL CORP
429.05
415.65
-3.12
3
BAJAJ AUTO
2929.60
3137.40
+7.09
3
BHART PETROLEUM
512.25
497.95
-2.79
4
AXIS BANK
493.90
524.55
+6.21
4
INDUSIND BANK
1791.25
1745.60
-2.55
5
BANKBARODA
137.45
145.45
+5.82
5
ITC
273.60
267
-2.41
6
BHARTI INFRATEL
369.50
389.10
+5.30
6
BHARTIAIRTEL
402.95
396.65
-1.56
7
ADANI POSRTS LTD
385.35
404.70
+5.02
7
NTPC
170.55
168
-1.50
8
HINDUNILVR
1280.05
+4.93
8
VEDL
329.70
325.85
-1.17
9
ZEE LTD
520.30
543.70
+4.50
9
AMBUJA CEMENT
285.10
282.30
-0.98
10
HCL TECH
860.70
897.35
+4.26
10
BOSCH LTD
22057
21910
-0.67
11
TATA POWER
80.60
83.70
+3.85
11
HDFC
1781.70
1771.75
-0.56
12
DR REDDY LABS
2159.50
2242.05
+3.82
12
HINDLACO
250.05
249.50
-2.22
13
INFOSYS
878.70
909.10
+3.46
13
SBIN
270.95
270.40
-0.20
14
RELIANCE
817.90
845.55
+3.38
14
POWERGRID
215.60
215.35
-0.12
15
LUPIN PHARAMA
977.30
1010.10
+3.36
15
COZ AND KINGS
269.75
269.45
-0.11
1219.9
NEXT WEEK STARS( AS PER TECHNICAL ANALYSIS ) NSE FUTURE NSE FUTURE :BUY SUZLON ENRGY FUTURE ABOVE 17.20 TGT 18.20 SL 16.95 NSE FUTURE :BUY PETRONET FUTURE ABOVE 236 TGT 246 SL 234 NSE FUTURE :BUY INDIACEM FUTURE ABOVE 192 TGT 198 SL 189
NSE CASH NSE CASH : BUY SORIL INFRA CASH ABOVE 141 TGT 149 SL 136. NSE CASH : BUY TATAPOWER CASH ABOVE 85 TGT 90 SL 82 NSE CASH : BUY IDEA CASH ABOVE 82 TGT 86 SL 80.
NSE - WEEKLY NEWS LETTERS ✍ TOP NEWS OF THE WEEK LUPIN RECEIVES USFDA APPROVAL FOR GENERIC FLAGYL TABLETS : Pharma major, Lupin announced that it has received final approval for its Metronidazole tablets USP, 250 mg and 500 mg from the Unites States Food and Drug Administration (USFDA) to market a generic version of G.D. Searle LLC’s Flagyl , 250 mg and 500 mg. Lupin’s Metronidazole tablets USP, 250 mg are the AB rated generic equivalent of G.D. Searle LLC’s Flagyl tablets 250 mg and 500 mg. It is indicated in the treatment of wide variety of infections which are caused by particular types of bacteria and other infectious organisms. Lupin Limited is a pharmaceutical company. The company is engaged in producing, developing and marketing a range of branded and generic formulations, biotechnology products and active pharmaceutical ingredients across the world. The Company offers products in the cardiovascular, diabetology, asthma, paediatrics etc. WIPRO
WINS
SEVEN-YEAR
CONTRACT
FROM
EUROPEAN
ENERGY
COMPANY : - IT major, Wipro Ltd announced that the company has been awarded a sevenyear contract by Innogy SE to manage their data center and cloud services. Innogy SE is an established European energy company. With its three business areas of renewables, grid and infrastructure and retail, it is well equipped for the work ahead in a modern, decarbonised, decentralised and digital energy world. Wipro will leverage its BoundaryLess Data Center offering to help Innogy drive a transformation program to rationalise, virtualise and consolidate their IT infrastructure. TCS JAPAN LAUNCHES IGNIO, AI FOR IT OPERATIONS : - Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, announced the launch of ignio in Japan, the company’s award-winning cognitive automation solution for IT operations. Ignio’s pre-built knowledge on IT applications and infrastructure enables it to focus on delivering smarter and faster decision-making by building contextual awareness of the business environment in which it is deployed. The resulting clarity in the state of IT operations allows enterprises to predict and prevent problems with greater speed and accuracy and produce marked improvements in operational efficiency, thus allowing organizing to become more agile, robust and productive.
SAIL’S RETAIL SALES GETS BOOST WITH NEW CAMPAIGN : - It is running a nationwide campaign which is aimed at boosting steel consumption in country. This has started to reflect positively through the dealer sales numbers, which recorded 18% jump in the month of August 2017 over the corresponding period last year selling 91,000 tonnes of steel in the month, said a Steel Ministry release. SAIL targets to sell 1 Million Tonnes steel through its dealer network this financial year and aims at doubling it in next three financial years, as per the directions from Steel Minister Birender Singh who has asked the company to go for smart marketing. SAIL had identified the potential of rural markets for enhancing steel consumption which is currently around 10 kgs per capita per year as against around 150 Kg per capita consumption in Urban India. The ‘Gaon ki ore’ campaign is designed to familiarise end users at the grass-root level, especially of rural areas, with innovative usage of SAIL steel and its applications and advantages in construction, household equipment and agriculture. COAL INDIA GAINS ON DIVERSIFICATION PLAN : - The shares of Coal India surged by over 1% during Friday’s trading session on the back of the news that the company is likely to diversify its core business of coal extraction. The company is planning to become a fullfledged mining company in a bid to mitigate the growing pressure from renewable energy. Betting on the core competence in mining, the coal behemoth is planning to foray into mining of iron ore, bauxite, copper and nickel, “Mining is our strength,” the company’s interim chairman Gopal Singh said while addressing the shareholders at the company's annual general meeting. “Because of the expertise in mining, CIL will be very successful in whatever mining venture it undertakes.” HFCL GAINS ON EXIT FROM CDR MECHANISM : - The share of Himachal Futuristic Communications Ltd surged by over 4% during Thursday’s trading session after the company informed that it is no longer under Corporate Debt Restructuring CDR mechanism enacted in the scheme evolved by the Reserve Bank of India to ensure a timely and transparent mechanism for restructuring of corporate debts of viable entities facing problems, for the benefit of all concerned. Himachal Futuristic Communications Limited is a telecom infrastructure enabler. The company’s activities span across infrastructure development, system integration, and manufacture and supply of telecom equipment and Optic Fiber Cable (OFC). SPICEJET DEPOSITS RS 250 CRORE WITH DELHI COURT TO COMPLY WITH ORDERS :- SpiceJet has informed that the company has deposited Rs 250 crore with the Registrar General of High Court of Delhi on September 14, 2017, in compliance with the court's earlier order. The Supreme Court on July 28 dismissed the appeals of SpiceJet
challenging the Delhi High Court verdict asking it to deposit Rs 579 crore in connection with a share transfer dispute with its previous owner Kalanithi Maran. However, the bench had provided it some relief by allowing it to deposit the amount in two parts. It had said part of the amount could be secured by a cash deposit of Rs 250 crore and the balance by a bank guarantee of Rs 329 crore. "With the deposit of above said Rs 250 crore and furnishing of bank guarantee of Rs 329 crore on August 14, 2017 with the Registrar General of High Court of Delhi, the company has complied with the above said orders," NTPC COMMISSIONS 40MW OF ROJMAL WIND ENERGY PROJECT : NTPC announced that 40 MW out of 50 MW of Rojmal Wind Energy Project of NTPC in Gujarat has been commissioned. With this, the total installed capacity of NTPC on standalone basis has become 44482 MW and that of NTPC group has become 51698 MW. Further, Unit 2 of 250 MW of Nabinagar Thermal Power Project (4 X 250 MW) of Bhartiya Rail Bijlee Company, a subsidiary of NTPC is declared on commercial operation w.e.f 00:00 Hours of September 10, 2017.With this, the commercial capacity of BRBCL and NTPC group has become 500 MW and 48788 MW respectively. BPCL GETS MAHARATNA STATUS : - The government of India has conferred Bharat Petroleum Corporation Limited with Maharatna Status. Accordingly, BPCL is empowered to exercise the powers of a Maharatna company as governed by relevant guidelines issued by Department of Public Enterprises. Following is the criteria for grant of Maharatna status: 1. The company already has Navratna status. 2. Its listed on Indian stock exchange with minimum prescribed public shareholding under SEBI regulations. 3. Average annual turnover of more than Rs 25,000 crore, during the last 3 years. 4. Average annual net worth of more than Rs 15,000 crore, during the last 3 years. 5. Average annual net profit after tax of more than Rs 5,000 crore, during the last 3 years. 6. The entity should have significant global presence/international operations. BANK OF BARODA PARTNERS WITH AMAZON TO OFFER LOANS: - Stateowned, Bank of Baroda has joined hands with the global e-commerce giant, Amazon to offer loans under Rs 25 lakh on its platform.
INDUSIND BANK PARTNERS WITH ADB TO PROVIDE LOANS TO RURAL WOMEN : Bank announced on Friday that the Asian Development Bank has signed a loan of up to USD 200 million with IndusInd Bank to provide finance to low-income women borrowers in rural India . Under this agreement, at least 95% of ADB’s funding for the project will be used to provide credit to women borrowers and at least 70% of the number of loans will be deployed in India’s less developed states. A capacity building technical assistance of USD 1 million is expected to be part of the package. It will support the IndusInd Bank’s efforts to improve the financial literacy of women borrowers and to develop digitised processing and product development initiatives. The ADB loan aims to reach an additional 2,00,000 low-income members by 2020.
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