The document provides an analysis of the Indian stock market (Nifty) and some of its key constituent stocks. It notes that the Nifty opened mildly higher and continued its upward momentum from the previous day, supported by positive global cues. Some domestic factors like expectations of further RBI rate cuts and monsoon rains were also supportive. The analysis provides technical indicators and levels for the Nifty and Bank Nifty indexes. It also lists some stocks that saw long build up, short covering, long liquidation and short build up based on their futures price and open interest changes. Overall, the outlook is positive with resistance for Nifty seen around 8580 and support at 8400-8380.

1. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Intraday
Today, We may witness mild positive opening in Nifty around 8535 level on
back of SGX Nifty and other Asian counters which is trading on positive note
today.
Nifty continued its northward journey for second consecutive day on Tuesday
and finished the outstanding day of trade with a gain of over half a percent,
on the back of encouraging US data and expectations of further monetary
stimulus from global policymakers. Sentiments got a boost with global ratings
agency Crisil report that India’s economy will grow at 7.9 percent in the
current financial year compared with 7.6 percent in fiscal 2016, if the country
receives normal monsoon, it will boost agriculture growth and lift rural
demand. The rating agency also expects the Reserve Bank of India to continue
its accommodative monetary stance and cut the repo rate by another 25 bps
this fiscal. Besides, the strong likelihood of a Goods and Services Tax Bill being
passed in the monsoon session of Parliament, which starts on July 18, and
hopes of a good start to the quarterly earnings season also boosted investor
sentiment. Some support also came with the India Meteorological
Department (IMD) reported that monsoon rains will cover the whole of India
in the next 48 hours boosting hopes of a rise in farm output and incomes after
two straight years of drought. On the global front, Asian markets ended
higher on Tuesday on the speculation that the US Federal Reserve may not
hike the rates for at least a year as Fed may focus on how the UK decision to
leave the European Union impacts the global economy.
The top gainers in Nifty index were TATASTEEL, ICICIBANK, HINDALCO,
AXISBANK, MARUTI. While on the other hand, top losers were TATAPOWER,
BPCL, CIPLA, COALINDIA, BANKBARODA.
13th July,2016
SENSEX 27,808 0.65%
NIFTY 8,521 0.62%
SGX Nifty* 8,539 0.18%
Global Indices
Dow Jones 18,348 0.66%
Nasdaq 5,023 0.68%
FTSE 6,681 -0.03%
DAX 9,964 1.31%
Straits Times 2,905 0.10%
Nikkei 225 16,257 0.99%
Hang Seng 21,318 0.44%
Commodities
Gold 31,039 -1.74%
Silver 47,342 -0.99%
Natural Gas 184 1.03%
Crude Oil 3,142 3.91%
Currency
Dollar / Rupee 67.18 0.09%
Euro / Rupee 74.13 0.13%
Pound / Rupee 88.92 0.29%
Volumes Rs.mn
Cash BSE 33,102 0.71
Cash NSE 198,622 12.15
FII Activities Rs.Cr.
Purchase Sale Net
5670.37 4,127 1543.86
MF Activities Rs.Cr.
Purchase Sale Net
5218 3,339 1878.7
Indian Markets
*Sources- Bloomberg, Moneycontrol, Zeebusiness, livemint

2. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Outlook
Bank Nifty Outlook
 As Bank nifty is following the foot step of Nifty, we can see identical move in bank nifty as well.
 Bank Nifty has crossed key level of 18500 level which is major development on chart. Bank Nifty
opened on positive note and kept on sailing higher.
 Among Bank Nifty constituents 10 out of 12 stock ended on positive note which indicates strength in
under lying stock. Private banking stocks took lead but mild round of profit booking has been observed
in PSU banks.
 Going forward, As Bank Nifty is sustaining comfortably above 18000 level, it seems to be in positive
momentum. On higher side immediate resistance 18900 level around and on downside support at
18300 level.
13th July,2016
 After a 4 day pause, Bulls came back with full enthusiasm. Nifty opened on strong positive note and
thereafter moved higher without any meaningful setback. It had created consecutive gap, it showed
dominance of bulls throughout the day.
 With fresh up move stock has entered into new orbit. It was flag breakout on daily chart which indicates
continuation of previous up move after mild pause. On weekly chart Nifty is trending in rising wedge.
 Despite of ongoing positive move RSI has not entered into overbought zone which indicate further room
on higher side.
 Going forward, Nifty seems to be in positive momentum and on higher side immediate resistance place
around 8580 level and on downside support exits at 8400 to 8380 level.
L1 L2 L3
R 8539 8556 8586
S 8491 8462 8444
21 DEMA 8246
50 DEMA 8085
100 DEMA 7813
Moving Averages
L1 L2 L3
R 17137 18826 18967
S 18526 18385 18306
21 DEMA 17847
50 DEMA 17380
100 DEMA 16424
Moving Averages

3. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Derivative Front:
The VIX decreased by 0.44% and reached 14.78. The Nifty was up by
53.15 points or 0.63% to settle at 8,521.05.
Nifty July 2016 futures closed at 8528.75 on Tuesday at a premium of
7.70 points. Nifty July futures saw addition of 1.31 million units, taking
the total outstanding open interest (OI) to 21.25 million units. Among
Nifty calls, 8500 SP from the July month expiry was the most active call
with a contraction of 0.18 million open interests. Among Nifty puts,
8400 SP from the July month expiry was the most active put with an
addition of 1 million open interests. The maximum OI outstanding for
Calls was at 8600 SP 4.78 mn and that for Puts was at 8400 SP 4.97 mn.
From the most active contracts, SBI July 2016 futures traded at a
premium of 0.10 points at 226.85. ICICI Bank of July 2016 futures
traded at a premium of 0.15 points at 261.85. Bank of Baroda July
2016 futures traded at a premium of 1.10 points at 161.60. PNB July
2016 futures traded at a discount of 0.90 points at 125.75. Vedanta July
2016 futures traded at a discount of 1.85 points at 160.05.
The Nifty PCR finally stood at 1.24 for July month contract. The top five
scrips with highest PCR on OI were Vedanta (1.37), Maruti Suzuki India
(1.29), Mindtree (1.24), HDFC (1.20) and Grasim (1.09).
13th July,2016
Long Built Up
Symbol Close Price Chng % OI Chng % Buy Above
CAIRN 163.20 8.12 12.16 169.08
ENGINERSIN 214.80 2.78 10.48 218.66
HINDZINC 196.55 2.91 10.41 199.99
EXIDEIND 177.85 2.39 9.71 180.43
Short Covering
Symbol Close Price Chng % OI Chng % Buy Above
IBULHSGFIN 744.65 3.99 -12.11 755.88
SRTRANSFIN 1297.65 1.36 -7.56 1305.40
TATACHEM 451.10 1.52 -5.11 453.83
IGL 619.35 1.42 -4.69 623.19
Short Built Up
Symbol Close Price Chng % OI Chng % Sell Below
BPCL 1115.95 -0.99 13.41 1128.67
PIDILITIND 725.40 -0.23 12.28 729.51
DABUR 314.25 -0.36 9.58 316.60
CUMMINSIND 803 -1.36 9.07 810.98
Long Liquidation
Symbol Close Price Chng % OI Chng % Sell Below
HINDPETRO 1053.15 -0.37 -6.04 1069.54
GODREJCP 1625.45 -2.07 -4.86 1645.37
ANDHRABANK 62.25 -0.48 -4.50 62.88
HINDUNILVR 926.30 -0.46 -3.36 931.84

4. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
13th July,2016
Symbols CLOSE R3 R2 R1 P S1 S2 S3 Trend Action
ACC 1620 1664 1641 1631 1619 1609 1597 1575 Up Buy
ADANIPORTS 217 226 222 219 217 215 213 208 Down Sell
AMBUJACEM 260 270 266 263 261 258 256 252 Down Sell
ASIANPAINT 1021 1067 1046 1034 1025 1013 1004 983 Down Sell
AUROPHARMA 779 796 788 783 779 775 771 762 Down Sell
AXISBANK 560 583 570 565 557 552 544 531 Up Buy
BAJAJ-AUTO 2650 2733 2693 2672 2653 2632 2613 2574 Down Sell
BANKBARODA 161 173 167 164 162 158 156 150 Down Sell
BHARTIARTL 364 372 367 366 363 361 358 354 Up Buy
BHEL 138 146 142 140 138 136 134 131 Down Sell
BOSCHLTD 23350 24515 23892 23621 23268 22998 22645 22022 Up Buy
BPCL 1118 1215 1172 1145 1129 1102 1086 1043 Down Sell
CIPLA 515 535 526 521 517 512 509 500 Down Sell
COALINDIA 317 333 325 321 317 313 309 301 Down Sell
DRREDDY 3600 3731 3665 3633 3599 3567 3533 3468 Up Buy
EICHERMOT 19620 20178 19905 19763 19632 19490 19359 19087 Down Sell
GAIL 378 391 385 381 379 375 373 367 Down Sell
GRASIM 4642 4945 4791 4716 4636 4562 4482 4327 Up Buy
HCLTECH 722 735 728 725 721 718 713 706 Up Buy
HDFC 1332 1367 1348 1340 1330 1322 1311 1292 Up Buy
HDFCBANK 1202 1231 1217 1209 1202 1195 1188 1174 Down Sell
HEROMOTOCO 3248 3316 3279 3263 3242 3226 3205 3168 Up Buy
HINDALCO 135 146 140 137 134 131 128 121 Up Buy
HINDUNILVR 925 965 944 935 924 914 904 884 Up Buy
ICICIBANK 262 281 270 266 258 254 247 235 Up Buy
IDEA 104 108 106 105 104 103 102 100 Up Buy
INDUSINDBK 1125 1164 1147 1136 1129 1118 1112 1095 Down Sell
INFRATEL 349 372 362 356 352 346 342 333 Down Sell
INFY 1176 1199 1187 1182 1175 1169 1162 1150 Up Buy
ITC 248 259 254 251 249 246 244 239 Down Sell
KOTAKBANK 762 780 771 767 762 758 753 745 Down Sell
LT 1564 1611 1586 1575 1561 1550 1536 1511 Up Buy
LUPIN 1672 1717 1695 1683 1673 1661 1650 1628 Down Sell
M&M 1474 1495 1485 1479 1475 1469 1465 1454 Down Sell
MARUTI 4362 4527 4436 4399 4345 4308 4254 4163 Up Buy
NTPC 158 162 160 159 158 157 156 154 Down Sell
ONGC 228 236 232 230 228 226 223 219 Up Buy
POWERGRID 167 173 170 168 167 165 164 161 Down Sell
RELIANCE 1003 1028 1014 1009 1000 995 986 972 Up Buy
SBIN 227 232 229 228 226 225 223 220 Up Buy
SUNPHARMA 784 815 800 792 785 777 770 755 Down Sell
TATAMOTORS 485 500 492 489 485 481 477 470 Up Buy
TATAMTRDVR 309 321 315 312 310 307 305 300 Down Sell
TATAPOWER 73 79 76 74 73 71 69 66 Down Sell
TATASTEEL 343 368 354 349 339 334 324 309 Up Buy
TCS 2464 2536 2497 2480 2458 2441 2419 2380 Up Buy
TECHM 505 521 514 510 507 503 500 494 Down Sell
ULTRACEMCO 3483 3571 3525 3504 3479 3458 3433 3387 Up Buy
WIPRO 571 583 576 574 569 567 562 556 Up Buy
YESBANK 1153 1185 1167 1160 1149 1142 1131 1113 Up Buy
ZEEL 454 461 458 456 454 452 451 447 Down Sell

5. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
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13th July,2016
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Date: 2016.07.13 09:07:40 +05'30'