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

2. 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

3. TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )
NIFTY
DAILY R2 R1 PP S1 S2
10283 10171 10115 10058 9946
WEEKLY R2 R1 PP S1 S2
10314 10070 9948 9828 9582
MONTHLY R2 R1 PP S1 S2
11245 10365 9925 9485 8606
BANK NIFTY
DAILY R2 R1 PP S1 S2
25342 25049 24902 24756 24463
WEEKLY R2 R1 PP S1 S2
25175 24623 24348 24072 23521
MONTHLY R2 R1 PP S1 S2
28618 25863 24485 23107 20351
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

4. 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.

5. 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.

6. NSE EQUITY DAILY LEVELS
COMPANY NAME R2 R1 PP S1 S2
ACC EQ 1856 1840 1832 1814 1805
ALBK EQ 75 74 73 72 71
AMBUJACEM EQ 289 285 283 280 278
ASIAN PAINT EQ 1266 1259 1254 1247 1241
AXISBANK EQ 530 526 522 518 514
BAJAJ-AUTO EQ 3214 3176 3110 3072 3006
BANKBARODA EQ 150 147 146 143 142
BANKINDIA EQ 157 156 155 153 152
BHEL EQ 136 134 133 132 131
BHARTIARTL EQ 403 400 397 394 391
CIPLA EQ 579 574 567 563 556
COALINDIA EQ 268 266 263 261 258
DLF EQ 196 194 193 192 190
DRREDDY EQ 2312 2283 2229 2200 2146
GAIL EQ 410 405 402 398 395
GRASIM EQ 1268 1248 1236 1216 1204
HCLTECH EQ 904 900 894 890 885
HDFC EQ 1787 1779 1771 1763 1754
HDFCBANK EQ 1870 1865 1858 1853 1847
HEROMOTOCO EQ 4003 3979 3937 3913 3871
HINDALCO EQ 253 251 249 247 246
HINDUNILVR EQ 1311 1296 1271 1256 1231
ICICIBANK EQ 295 294 293 292 291
ITC EQ 273 270 268 265 263
INDUSIND BANK EQ 1780 1761 1734 1715 1687
INFY EQ 922 915 910 904 899
JINDALSTEL EQ 154 152 150 148 146
KOTAKBANK EQ 1034 1026 1017 1009 999
LT EQ 1261 1249 1234 1222 1206
M&M EQ 1312 1302 1296 1287 1281
MRF EQ 65628 65304 64976 64652 64324
MARUTI EQ 8215 8191 8161 8137 8106
ONGC EQ 169 167 166 164 162
ORIENTBANK EQ 136 135 134 133 132
RCOM EQ 20 19 18 17 16
RELCAPITAL EQ 777 772 763 758 749
RELIANCE EQ 854 849 846 841 838
RELINFRA EQ 513 506 503 498 494
RPOWER EQ 45 44 43 41 40
SBIN EQ 275 272 271 268 266
VEDL EQ 332 329 324 321 317
SUNPHARMA EQ 535 528 519 513 503
TATAMOTORS EQ 416 410 406 400 397
TATAPOWER EQ 85 84 83 82 81
TATASTEEL EQ 687 679 675 667 663
UNIONBANK EQ 140 139 138 136 135

7. TOP 15 ACHIEVERS // TOP 15 LOOSERS
SR.NO SCRIPT NAME PREV
CLOSE
CMP % CHANGE
1 SUNPHARAM 467.45 521.05 +11.47
2 TATAMOTOR 375.30 404.95 +7.90
3 BAJAJ AUTO 2929.60 3137.40 +7.09
4 AXIS BANK 493.90 524.55 +6.21
5 BANKBARODA 137.45 145.45 +5.82
6 BHARTI INFRATEL 369.50 389.10 +5.30
7 ADANI POSRTS LTD 385.35 404.70 +5.02
8 HINDUNILVR 1219.9 1280.05 +4.93
9 ZEE LTD 520.30 543.70 +4.50
10 HCL TECH 860.70 897.35 +4.26
11 TATA POWER 80.60 83.70 +3.85
12 DR REDDY LABS 2159.50 2242.05 +3.82
13 INFOSYS 878.70 909.10 +3.46
14 RELIANCE 817.90 845.55 +3.38
15 LUPIN PHARAMA 977.30 1010.10 +3.36
SR.NO SCRIPT NAME PREV
CLOSE
CMP % CHANGE
1 WIPRO 301.15 289.30 -3.93
2 INDIAN OIL CORP 429.05 415.65 -3.12
3 BHART PETROLEUM 512.25 497.95 -2.79
4 INDUSIND BANK 1791.25 1745.60 -2.55
5 ITC 273.60 267 -2.41
6 BHARTIAIRTEL 402.95 396.65 -1.56
7 NTPC 170.55 168 -1.50
8 VEDL 329.70 325.85 -1.17
9 AMBUJA CEMENT 285.10 282.30 -0.98
10 BOSCH LTD 22057 21910 -0.67
11 HDFC 1781.70 1771.75 -0.56
12 HINDLACO 250.05 249.50 -2.22
13 SBIN 270.95 270.40 -0.20
14 POWERGRID 215.60 215.35 -0.12
15 COZ AND KINGS 269.75 269.45 -0.11

8. 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.

9. 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 seven-
year 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.

10. 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 full-
fledged 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

11. 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: - State-
owned, Bank of Baroda has joined hands with the global e-commerce giant, Amazon to
offer loans under Rs 25 lakh on its platform.

12. 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.

13. LEGAL DISCLAIMER
This Document has been prepared by Ways2Capital (A Division of High Brow Market Research
Investment Advisor Pvt Ltd). The information, analysis and estimates contained herein are based on
Ways2Capital Equity/Commodities Research assessment and have been obtained from sources
believed to be reliable. This document is meant for the use of the intended recipient only.
This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is meant
for general information only. Ways2Capital Equity/Commodities Research, its directors, officers or
employees shall not in any way to be responsible for the contents stated herein. Ways2Capital
Equity/Commodities Research expressly disclaims any and all liabilities that may arise from
information, errors or omissions in this connection. This document is not to be considered as an offer
to sell or a solicitation to buy any securities or commodities.
All information, levels & recommendations provided above are given on the basis of technical &
fundamental research done by the panel of expert of Ways2Capital but we do not accept any liability
for errors of opinion. People surfing through the website have right to opt the product services of their
own choices.
Any investment in commodity market bears risk, company will not be liable for any loss done on
these recommendations. These levels do not necessarily indicate future price moment. Company holds
the right to alter the information without any further notice. Any browsing through website means
acceptance of disclaimer.
DISCLOSURE
High Brow Market Research Investment Advisor Pvt. Ltd. or its associates does not do business with
companies covered in research report nor is associated in any manner with any issuer of products/
securities, this ensures that there is no actual or potential conflicts of interest. To ensure compliance
with the regulatory body, we have resolved that the company and all its representatives will not make
any trades in the market.

14. Clients are advised to consider information provided in the report as opinion only & make investment
decision of their own. Clients are also advised to read & understand terms & conditions of services
published on website. No litigations have been filed against the company since the incorporation of
the company.
Disclosure Appendix:
The reports are prepared by analysts who are employed by High Brow Market Research Investment
Advisor Pvt. Ltd. All the views expressed in this report herein accurately reflects personal views
about the subject company or companies & their securities and no part of compensation was, is or will
be directly or indirectly related to the specific recommendations or views contained in this research
report.
Disclosure in terms of Conflict of Interest:
(a) High Brow Market Research Pvt. Ltd. or his associate or his relative has no financial interest in the
subject company and the nature of such financial interest;
(b) High Brow Market Research Pvt. Ltd. or its associates or relatives, have no actual/beneficial
ownership of one percent or more in the securities of the subject company,
(c) High Brow Market Research Pvt. Ltd. or its associate has no other material conflict of interest at
the time of publication of the research report or at the time of public appearance;
Disclosure in terms of Compensation:
High Brow Market Research Investment Advisor Pvt. Ltd. policy prohibits its analysts, professionals
reporting to analysts from owning securities of any company in the analyst's area of coverage.
Analyst compensation: Analysts are salary based permanent employees of High Brow Market
Research Pvt. Ltd.
Disclosure in terms of Public Appearance:
(a) High Brow Market Research Pvt. Ltd. or its associates have not received any compensation from
the subject company in the past twelve months;
(b) The subject company is not now or never a client during twelve months preceding the date of
distribution of the research report.
(c) High Brow Market Research Pvt. Ltd. or its associates has never served as an officer, director or
employee of the subject company;
(d) High Brow Market Research Pvt. Ltd. has never been engaged in market making activity for the
subject company.