Daily Equity Report -Star India Market research

1. ; Daily Equity Report 29-5-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance Markets started off the week on a strong note, rallying for third consecutive session following sharp slide in crude oil prices and recovery in rupee. Banking & financials, infra, pharma, auto and oil retailers drove the market higher while IT was the only underperformer among sectoral indices, falling 2 percent. 10770/10850 R1/R2 10600/10500 S1/S2 Daily Chart:

2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Bank Nifty continued the positive momentum built up in the previous trading session, with managing to end the session above 26500 level. Three white soldiers pattern formation could be seen in daily charts which represents the reversal of a downtrend in coming session. 26650/27000 R1/R2 26200/25950 S1/S2 Daily Chart: Technical Outlook Top Losers TECHM POWERGRID TCS HCLTECH Top Gainers SUNPHARMA HINDPETRO BPCL GAIL 676 206.9 3,499.35 897 497 313.45 401.25 336.3

3. ; Daily Newsletter Page 3 Stock Corner: Shares of metal companies were under pressure with Tata Steel, Jindal Steel and Power (JSPL) and Vedanta slipping more than 5% on the National Stock Exchange. Grasim Industries gained 1% after the company reported 18.3% jump in its Q4FY18 net profit at Rs 3.73 billion on the bank of strong revenue growth and operating performance. The profit included one-time loss of Rs 2.18 billion. Shares of L&T Technology Services (LTTS) have rallied 7% after the L&T Group company reported a higher than expected quarter-on-quarter (QoQ) revenue growth of 8% at $162 million in March 2018 quarter (Q4FY18). 1. 2. State Bank of India (SBI) gained over five per cent on Wednesday to Rs 267 levels on the NSE despite the bank positing a huge Rs 77 billion loss in the March 2018 quarter. The rally, over the past two sessions, comes on the back of expectations of an improvement in the asset quality going ahead. Shares of Vedanta Ltd fell to their lowest since July 5, 2017, after at least nine people were killed in the southern state of Tamil Nadu when police fired at violent protesters calling for the closure of a copper smelter run by parent Vedanta Resources Plc. Shares of oil marketing companies (OMCs) were under pressure with the Indian Oil Corporation (IOC) hitting its 52-week low, while Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) falling 6% each on reports that the government may ask these companies to freeze prices as a temporary arrangement. Dr Reddy’s Laboratories reported a 3 per cent decline in net profit at Rs 3.02 billion on the back of a marginal decline in revenues for the March quarter (Q4). 3. 4. 5. 6. 7. Stock in ban period BALRAMCHIN, DHFL, IDBI, JETAIRWAYS, JISLJALEQS, RCOM.

4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks BHEL FUT Stock had taken support from its sloping trend line which can be seen in below chars. Buying activity may seen if able to give breakouts of its immediate resistance. INTRADAY R1 R2 R3 83 Stock Info 86.50 91.50 79.85 75.50 73.50 70.00 VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 22335000 79.80 75.65 7500 77.90 LEVEL S1 S2 S3 All over trends Sideways to Positive

5. Daily Newsletter ; Page 5 YESBANK FUT Stock gains for the second consecutive day as well as stock had given breakouts of its resistance and closed above it which further indicates buying in stock. INTRADAY R1 R2 R3 941 965 965 875.50 805 735 660 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 3761500 873.45 807.40 500 837.15 LEVEL S1 S2 S3 All over trends Sideways to Positive

6. Daily Newsletter ; Page 6 Event Calendar (28th May to 02nd June) 28/05/18 (Mon) 29/05/18 (tues) 30/05/18 (wed) 31/05/18 (thurs) 01/06/18 (Fri) 02/06/18 (sat) Result Result BPCL, CCCL, COALINDIA, DISHTV, GATI, IOB ETC Result 8KMILES, ALANKIT, ANANTRAJ, BHARATGAS, BFUTILITIES ETC GDP Quarterly (YoY) (Q4) @ 5:30 PM - - ASTRAMICRO, DBREALTY, COXKINGS, DOLPHINOFF, GSFC, KWALITY ETC Daily Calls INTRADAY BASIC CALLS DATE 28/05/18 28/05/18 28/05/18 Service Future Future Option Stock Name RELCAPITAL FUT NIITTCH FUT MCX 820 CE Entry Price 410 1072 33.20 Exit 414 1068 40.20 Profit/loss 3000 3000 4900 HNI CALLS DATE 28/05/18 28/05/18 28/05/18 Service Option Option Option Stock Name APOLOTYRE 290 CE DISHTV 75 CE BANKBARODA 145 CE Entry Price 3 1.75 4.80 Exit 5.50 2 5.20 Profit/loss 7500 8750 1600 Report by Senior Researcher : Miss Namrata Otwani

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