Choicebroking #equitybazaar: Today, We may witness negative opening in Nifty around 7800 level on back of SGX Nifty and other Asian counters which is trading on mixed note today.

1. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Intraday
Today, We may witness negative opening in Nifty around 7800 level
on back of SGX Nifty and other Asian counters which is trading on
mixed note today.
Domestic equity index -- Nifty has ended lower with cut of over a
percent on account of weak macroeconomic data. Retail inflation,
as measured by the consumer price index (CPI) for April
accelerated to 5.39% as compared to 4.83% in March, while India's
industrial output rose by 0.1 per cent in March, largely losing the
momentum generated in February when it had risen by two per
cent, after a three-month fall. Further, weakness in rupee also
weighed down sentiments. The rupee depreciated by 15 paise to
66.77 against the US dollar at the time of market closing on
account of increased demand for the American currency from
importers. Besides, selling in IT stocks too pressurized sentiments.
TCS, Wipro and Infosys ended lower due to profit booking.
Meanwhile, Rate sensitive sectors like Banks, Auto and Realty
edged lower after rise in consumer price inflation (CPI) dashed
hopes of a rate cut by the Reserve Bank of India.
The gainers in Nifty index were ASIANPAINT, IDEA, INFRATEL,
HCLTECH, POWERGRID. While on the other hand, top losers were
HINDALCO, EICHERMOTOR, ADANIPORTS, HINDUNILVR, TATASTEEL.
16th May,2016
SENSEX 25,489 -1.18%
NIFTY 7,815 -1.09%
SGX Nifty* 7,815 -0.22%
Global Indices
Dow Jones 17,535 -1.06%
Nasdaq 4,717 -0.42%
FTSE 6,138 0.55%
DAX 9,953 0.91%
Straits Times 2,729 -0.18%
Nikkei 225 16,583 1.03%
Hang Seng 19,899 0.90%
Commodities
Gold 30,034 0.44%
Silver 40,974 0.42%
Natural Gas 141 -1.77%
Crude Oil 3,097 0.03%
Currency
Dollar / Rupee 66.67 0.21%
Euro / Rupee 75.68 0.15%
Pound / Rupee 96.12 0.23%
Volumes Rs.mn
Cash BSE 48,986 84.00
Cash NSE 193,369 22.00
FII Activities Rs.Cr.
Purchase Sale Net
3983 4,133 -150
MF Activities Rs.Cr.
Purchase Sale Net
8915 15,283 -6368
Indian Markets
*Sources- Bloomberg, Moneycontrol, Zeebusiness, livemint

2. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Outlook
BankNifty Outlook
21 DEMA 7845
50 DEMA 7664
100 DEMA 7575
Moving Averages
L1 L2 L3
R 7869 7924 7966
S 7772 7730 7675
L1 L2 L3
R 17137 17031 17171
S 16577 16437 16280
21 DEMA 16561
50 DEMA 15908
100 DEMA 15703
Moving Averages
 BankNifty closed at 16716 with loss of -1.22%. Since opening index was trading with negative bias. In late
hour there was mild recovery but that was not so significant.
 As of now there is divergence in the composition on BankNifty counters. Private sector banks lead on
rotation basis but PSB continued to lag.
 Among BankNifty index 11 banking stock ended on negative note, Private sector bank had performed
negatively.
 Going forward, BankNifty likely to trade with negative bias till it sustain below 17000 level. On down side
immediate support will be 16350 level.
16th May,2016
 Nifty opened gap down note and stretched one way till mild noon, after that there was mild bounce but
that was not substantial. Nifty closed at 7814 level with loss of -85 points.
 Nifty continued to show intraday volatility but gap remain unfilled it indicates that bears were at
complete domination.
 Nifty is sustaining above 21 day short term moving average and 250 day long term moving average.
 Going forward, Nifty seems to be in the range of 7700 to 7900. Fresh upside momentum can be expected
above 7900 level only. On downside immediate support will be around 7730 level.

3. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Derivative Front:
The VIX increased by 3.10% and reached 16.99. The 50-share
Nifty was down by 85.50 points or 1.08% to settle at
7,814.90.
The top gainers from the F&O segment were Power Finance
Corporation, Havells India and IDFC. On the other hand, the
top losers were SRF, UCO Bank and Reliance Communications.
In the index options segment, maximum OI was being seen in
the 7800-8500 calls and 7000-7800 puts. In today's session,
while the traders preferred to exit 7900 put, heavy buildup
was seen in the 7100 put. On the other hand, traders exited
from 8600 Call, while 8000 call witnessed considerable OI
addition.
The Nifty Put Call Ratio (PCR) finally stood at 0.82 for May
month contract. The top five scrips with highest PCR on OI
were Indusind Bank (1.35), Indian Overseas Bank (1.33), Zee
Entertainment (1.17), UCO Bank (1.15) and Axis Bank (1.10).
Long Built Up
Symbol Close Price Chng % OI Chng % Buy Above
SUNTV 392.15 5.62 10.90 398.66
GLENMARK 871.95 1.48 7.14 879.97
BAJFINANCE 7626.75 1.88 3.78 7708.84
JUBLFOOD 1180.6 0.99 1.85 1197.41
Short Covering
Symbol Close Price Chng % OI Chng % Buy Above
DIVISLAB 1081.25 0.96 -13.45 1090.36
LICHSGFIN 458.95 0.95 -10.49 464.45
OIL 329.80 0.73 -9.16 332.67
ICICIBANK 226.7 1.05 -9.10 229.58
Short Built Up
Symbol Close Price Chng % OI Chng % Sell Below
UCOBANK 33.45 -10.20 19.83 34.60
RELINFRA 513.10 -5.58 16.27 524.90
EICHERMOT 19056.30 -5.07 15.39 19343.35
UBL 763.8 -3.60 15.07 775.47
Long Liquidation
Symbol Close Price Chng % OI Chng % Sell Below
IBREALEST 79.95 -3.27 -17.57 82.47
16th May,2016

4. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Symbols CLOSE R3 R2 R1 P S1 S2 S3 Trend Action
ACC 1452 1496 1474 1463 1452 1441 1430 1408 Up Buy
ADANIPORTS 189 231 210 200 189 179 169 148 Down Sell
AMBUJACEM 217 228 223 220 219 215 214 209 Down Sell
ASIANPAINT 944 981 960 952 940 932 920 899 Up Buy
AUROPHARMA 784 847 819 801 791 773 762 734 Down Sell
AXISBANK 491 511 501 496 491 486 482 472 Down Sell
BAJAJ-AUTO 2520 2598 2561 2541 2525 2504 2488 2452 Down Sell
BANKBARODA 155 162 159 157 156 154 152 149 Down Sell
BHARTIARTL 356 375 366 361 357 352 348 339 Down Sell
BHEL 123 131 127 125 124 121 120 117 Down Sell
BOSCHLTD 20700 21929 21346 21023 20762 20439 20178 19594 Down Sell
BPCL 926 958 942 934 927 919 911 896 Down Sell
CIPLA 530 550 542 536 533 527 524 516 Down Sell
COALINDIA 282 291 286 284 281 279 276 271 Up Buy
DRREDDY 2920 3034 2975 2948 2916 2889 2857 2798 Up Buy
EICHERMOT 18960 21312 20138 19549 18965 18375 17791 16617 Down Sell
GAIL 379 405 393 386 381 374 369 357 Down Sell
GRASIM 4250 4425 4325 4288 4225 4188 4125 4026 Up Buy
HCLTECH 722 749 735 728 721 714 707 693 Up Buy
HDFC 1165 1265 1220 1193 1176 1148 1131 1087 Down Sell
HDFCBANK 1140 1175 1157 1149 1139 1131 1121 1103 Up Buy
HEROMOTOCO 2900 3023 2969 2934 2914 2879 2859 2804 Down Sell
HINDALCO 90 100 95 92 91 88 86 82 Down Sell
HINDUNILVR 830 897 866 848 835 817 804 773 Down Sell
ICICIBANK 227 241 234 230 227 223 220 213 Down Sell
IDEA 113 118 116 115 113 112 111 108 Up Buy
INDUSINDBK 1065 1091 1077 1071 1063 1057 1049 1035 Up Buy
INFRATEL 376 395 384 380 372 368 361 349 Up Buy
INFY 1208 1239 1221 1215 1203 1197 1186 1168 Up Buy
ITC 319 332 325 322 319 316 312 306 Up Buy
KOTAKBANK 709 759 737 723 715 701 693 671 Down Sell
LT 1288 1364 1329 1309 1295 1274 1260 1225 Down Sell
LUPIN 1590 1661 1629 1609 1597 1577 1565 1533 Down Sell
M&M 1312 1374 1345 1328 1315 1299 1286 1256 Down Sell
MARUTI 3851 3952 3902 3877 3852 3827 3802 3753 Down Sell
NTPC 141 144 143 142 141 140 139 138 Up Buy
ONGC 203 212 208 206 204 202 200 196 Down Sell
POWERGRID 145 150 147 146 144 143 141 139 Up Buy
RELIANCE 976 1012 996 986 981 970 965 949 Down Sell
SBIN 185 193 189 187 186 183 182 178 Down Sell
SUNPHARMA 796 823 811 803 798 790 785 772 Down Sell
TATAMOTORS 390 407 398 394 390 385 381 373 Down Sell
TATAMTRDVR 277 290 284 280 277 274 271 265 Down Sell
TATAPOWER 71 73 72 71 70 70 69 67 Up Buy
TATASTEEL 322 340 332 327 324 319 316 308 Down Sell
TCS 2525 2645 2590 2557 2534 2501 2478 2422 Down Sell
TECHM 479 494 487 483 480 476 472 465 Down Sell
ULTRACEMCO 3145 3344 3256 3200 3168 3112 3080 2992 Down Sell
WIPRO 540 551 546 543 540 537 534 529 Up Buy
YESBANK 948 985 968 958 951 941 934 917 Down Sell
16th May,2016

5. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
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16th May,2016
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Kapil Shah
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Ttd., ou=Research Department,
email=kapil.shah@choiceindia.com, c=IN
Date: 2016.05.16 08:34:13 +05'30'