The key points from the document are: 1) Indian stock markets fell sharply with the Sensex crashing over 700 points and the Nifty ending below 8100 due to a rise in crude oil prices and uncertainty over the GST bill in Parliament. 2) Markets were dominated by bears and major indices like Sensex, Nifty, and Bank Nifty fell around 3%. 3) Support for Nifty is seen around 8000 and resistance at 8200 if a correction occurs. The trend is said to be sideways.

1. 07 MAY 15
www.trifidresearch.com

2. S
S
INDEX VALUE CHANGE %
SENSEX 26717 -722 -2.63
NIFTY 8097 -227 -2.74
BANK NIFTY 17778 -679 -3.75
INDIA VIX 19.67 2.31 13.27
CATEGORY BUY SELL NET
FII 5422.22 7121.82 -1699.6
DII 3073.38 1618.41 1454.97
BIG BULLS ACTIVITY
MARKET GOSSIPS FOURTH UMPIRE
Markets were totally captured by
the bears within no time the session
started and all the gains so made in
last few sessions as sharp selling
took off mainly due to Rise in Crude
Oil prices, Uncertainty over GST bill
in Parliament etc dragged the
indices to fall around 3%. Nifty
future broke the recent lows and
closed just near to 8100. Bear trend
seems to continue and major
support is now seen around 8000. If
some correction occurs then 8200 is
seen as immediate resistance.
TREND: SIDEWAYS
SUPPORT : 8060 & 8000
RESISTANCE: 8180 & 8250
MARKET POSITIONS
Sensex crashes 700 points; Nifty
ends below 8100.
Lok Sabha passes GST
Constitutional Amendment Bill.
Cairn, Hindustan Zinc signs MoU
with Rajasthan worth Rs 20500
crore.
Bharti Airtel surged on talks
Morgan Stanley to raise
weightage to 2.6%.
RCOM dips 7% as plans to sell
51% stake in Reliance Infratel.

3. SCRIPS @ TARGETS
B/S SL1 T1 T2 T3
ANDHRABANK S 73.70 74.20 73.20 72.70 72.20
CESC S 535 539 531 527 523
SCRIPS @ TARGETS
B/S SL1 T1 T2 T3
IDFC S 160 161.60 158.40 156.80 155.35
ORIENTBANK S 200 202.05 198 196 194
SCRIPS CLOSE R2 R1 S1 S2
RELIANCE FUT 873.50 950 910 830 790
ONGC FUT 330 338 334 326 322
TATA STEEL FUT 369.20 377 373 365 361
SBI FUT 265 272 268 262 258
INFY FUT 1930.95 2010 1970 1890 1850
NIL.
OPEN INTEREST 05-MAY-15 06-MAY-15 CHANGE IN OPEN
INTEREST
%
NIFTY 16792050 1796837 -338800 -2.02
FUTURE
CASH
PIVOT TABLE
FUTURES & OPTIONS DATA
SCRIPS IN F&O BAN FOR TRADE
A STEP AHEAD

4. WWW.TRIFIDRESEARCH.COM
DISCLAIMER