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Weekly Special Report

23.07.2018
NIFTY

INDEX OPEN HIGH LOW CLOSE


11020.05 11073.75 10931.95 11024.85
NIFTY
26912.70 27233.00 26689.95 26928.90
BANK NIFTY

OPEN INTEREST AND VOLUME


INDEX CURRENT PREVIOUS %CHANGE

NIFTY OI 122019825 120915000


-0.009

NIFTY VOLUME 557111 525325


-0.060
BANK NIFTY OI
10846560 11937920
0.091
BANK NIFTY
VOLUME 410209 344613
-0.190
FII ACTIVITY (Rs. in crores)

NET PURCHASE/
DATE GROSS PURCHASE GROSS SALES
SALES

20-Jul-2018 4654.79 4344.52 310.27

19-Jul-2018 3480.53 3796.22 -315.69

18-Jul-2018 4642.55 4546.87 95.68

17-Jul-2018 4113.54 4787.53 -673.99

16-Jul-2018 3821.19 4446.87 -625.68

DII ACTIVITY (Rs. in crores)

DATE NET PURCHASE/


GROSS PURCHASE GROSS SALES
SALES

20-Jul-2018 2853.60 2904.33 -50.73

19-Jul-2018 2950.25 2480.23 470.02

18-Jul-2018 3194.59 3083.58 111.01

17-Jul-2018 3410.59 2570.53 840.06

16-Jul-2018 3167.36 3237.66 -70.30


WORLD SECTORIAL INDEX
NIFTY SECTORIAL INDICES
SCRIPTS OPEN HIGH LOW CLOSE

NIFTY BANK 26,873.20 26,764.40 26,946.55 26,718.60

NIFTY AUTO 10,803.10 10,845.10 10,700.15 10,799.00

NIFTY FIN SERVICE 11,270.55 11,191.10 11,290.30 11,167.30

NIFTY FMCG 29,236.25 29,374.85 29,080.10 29,212.50

NIFTY IT 14,541.35 14,771.05 14,518.50 14,489.85

NIFTY MEDIA 2,817.35 2,828.40 2,800.20 2,826.65

NIFTY METAL 3,106.05 3,109.75 3,062.25 3,104.60

NIFTY PHARMA 8,895.25 8,752.15 8,914.50 8,727.70

NIFTY REALTY 257.10 254.80 257.70 252.70

GLOBAL INDICES CHANGES


SCRIPTS CLOSE PREVIOUS CLOSE CHANGEIN (%)

SENSEX 36496.37 36541.63 0.012


NIFTY 11052.50 11018.90 -0.030
NIKKEI 22697.88 22,597.35 -0.044
HANG SENG 28224.48 28,525.44 0.010
FTSE 7678.79 7,661.87 -0.022
CAC 5398.32 5,429.20 0.056
DAX 12561.42 12,540.73 -0.016
NASDAQ 7820.20 7,825.98 0.007

DOW JONES 25058.12 25,019.41 -0.015


NIFTY 50 TOP GAINERS
COMPANY CURRENT PRICE PREV CLOSE CHANGE CHANGE %

BAJAJ FINANCE
2721.35 2468.60 252.75 10.24%

INDIABULLS
HOUSING 1196.95 1126.45 70.50 6.26%

BAJAJ FINSERV
6663.95 6324.45 339.50 5.37%

TECH MAHINDRA 641.05


659.45 18.40 2.87%

YES BANK
386.50 376.00 10.50 2.79%

NIFTY 50 WEEKLY LOSERS


COMPANY CURRENT PRICE PREV CLOSE CHANGE CHANGE %

DR. REDDYS LAB


2051.90 2319.85 -267.95 -11.55%

HINDALCO
195.65 218.75 -23.10 -10.56%

TATA STEEL
503.20 558.60 -55.40 -9.92%

BAJAJ AUTO
2839.60 3138.65 -299.05 -9.53%

LUPIN
800.65 865.60 -64.95 -7.50%
NIFTY 50 CHART
TITAN LTD

[TECHNICAL ANALYSIS]
Nifty closed the week on absolutely flat note.
As we have mentioned last week, that minor support for the index lies in the zone of 10850 to 10900.
Support for the index lies in the zone of 10700 to 10750 where break out levels and short term moving
averages are lying. If the index manages to close below these levels then the index can drift to the levels of
10500 to 10550 where Fibonacci levels and medium term moving averages are lying. During the week the
index manages to hit a low of 10926 and close the week around the levels of 11010.
Minor support for the index lies in the zone of 10850 to 10900. Support for the index lies in the zone of
10700 to 10750 where break out levels and short term moving averages are lying. If the index manages to
close below these levels then the index can drift to the levels of 10500 to 10550 where Fibonacci levels and
medium term moving averages are lying.
Resistance for the index lies in the zone of 11100 to 11200 where the index has formed a top in the month
of January-2018. If the index manages to close above these levels then the index can move to the levels of
11400 to 11500.
Broad range for the week is seen from 10800 on downside & 11200 on upside.
Resistance and Support (daily)
• Resistance 1 - 11080 Support 1 - 10890
• Resistance 2 - 11140 Support 2 - 11750
• Resistance 3 - 11257 Support 3 - 11575
JB CHEMICALS & PHARMACEUTICALS LTD

[TECHNICAL ANALYSIS]

On the daily chart, Titan Company Ltd. (TITAN) has turned upwards after taking support at the trend line
support placed at Rs 800. Further, it took support at the 78.6% Fibonacci retracement level affirming bullishness.
Moreover, the RSI has also turned upwards after forming a positive reversal indicating that the downtrend is
losing steam. Moreover, it has formed a positive reversal on the higher time frame charts suggesting more
upside.
Buying TITANfuture currently levels around 850 for the upside target of Rs 870 and 895 keep a stop loss placed
at Rs 523.
Stock resistance and Support (daily)
 Resistance 1 - 884Support 1 - 830
 Resistance 2 - 937Support 2 - 797
 Resistance 3 - 1004Support 3 - 753
[FUNDAMENTALS ANALYSIS]
The company is planning to enter into international markets in jewellery under "tanishq” segment by the end of
fy19.with improvement in operational efficiencies and expansion strategies in retail network,
 The company can capture more market share. The stock is valued at 52 times on Bloomberg consensus.
• However, government regulations on gold purchases, competition from regional jewellery players &
competition from e -commerce player’s well be the key risks.
MARKET NEWS

Motorbike taxi startup Baxi to start delivery app in partnership


with Patanjali
 Guru gram-based bike taxi startup, Baxi has raised an undisclosed amount in a
latest funding round from several investors in partnership with renowned
consumer products brand Patanjali.According to a report by Tech Circle. The
company is now operating in profits.Talking about the funding round, Johari
said that the co-founder of fintech startup Indifi Technologies was one of
investors in the company.

[TECHNICAL ANALYSIS]

On the weekly chart, JB Chemicals & Pharmaceuticals Ltd. (JBCHEPHARM) has taken support at the 89%
Fibonacci retracement level and turned higher. Further, a sustained trade above 320 can resume the
uptrend taking it higher. On the daily chart, the stock is on the verge of a breakout from a “W” pattern, the
neckline is placed at 321 after forming a consolidation base around 280 levels. The stock may be bought in
the range of 310-314 for targets of 345-365, keeping a stop loss below 290.
Stock resistance and Support (weekly)

 Resistance 1 - 270Support 1 - 245


 Resistance 2 - 310Support 2 - 227
 Resistance 3 - 367Support 3 - 179
[FUNDAMENTALS ANALYSIS]

The company’s API manufacturing facility at Panoli, Gujarat has successfully passed periodical inspection

by USFDA with two minor procedural observations, company said in release. These observations do not

impact continuity of company's business and the company would continue its manufacturing activities in
cGMP compliant manner, it added.
Shapoorji-Allianz could buy Wave Rock in Hyderabad for Rs
2,000 cr
 The Shapoorji Pallonji and Allianz Group joint venture has beaten contenders
to acquire Wave Rock in Hyderabad for Rs 2,000 crore. The JV overshadowed
contenders such as InterGlobe Enterprises and Canada Pension Plan
Investment Board (CPPIB) in the race to buy the office space, the process for
which had started in January 2018.The property is jointly owned by Singapore-
based GIC Pte Ltd and New York-based developer Tishman Speyer’s
MCX Q1 net profit drops over 72% at Rs 7 cr
Leading commodity bourse MCX over 72 percent fall in its consolidated net profit at
Rs 7.33 crore during the first quarter of the 2018-19 fiscal. Net profit stood at Rs
26.30 crore in the same quarter of the last fiscal, it said in a regulatory filing.
However, income from the operations increased to Rs 72.87 crore during April-June
quarter of the current fiscal from Rs 59.19 crore in the year-ago period. Para jape
further added that the regulator Sebi's recent initiatives to liberalize and boost
commodity market further complements the company's areas of focus.MCX would
continue to focus on providing more value added and new products for inclusive
growth of its stakeholders.

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