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1. JUNE 02, 2016

2. 2
“Nifty may open in RED indicating domestic market cues”
Indian benchmark indices are likely to open in flat with the market
indicator SGX nifty trading +14.50 points at 8,203.00 at the time of
market closed. Asian market, America market and Europe market
trading red.
TEHNICAL & DERIVATIVE REPORT
JUNE 02, 2016
SENSEX (26713.93) /NIFTY (8179.95)

3. 3
KEY VALUE
SUPPORT 1- 8140 RESISTANCE1- 8200
SUPPORT 2- 8080 RESISTANCE 2- 8260
.
Nifty closed at 8179.95 with a GAIN of (+19.95) points. On the daily chart
the index has formed BULLISH candle indicating negative bias.The index is
moving in a Higher Top and Higher Bottom formation on the daily chart
indicating sustained up trend. The chart pattern suggests that if Nifty crosses
and sustains above 8200 level it would witness buying which would lead the
index towards 8240-8260 levels.However if index breaks below 8140 level it
would witness selling which would take the index towards 8100-8080Nifty
continues to remain in an uptrend in the short to medium term, so buying on
dips continues to be our preferred strategy. The daily strength indicator RSI is
moving downwards and above its reference line indicating pnegative bias.
However momentum oscillator Stochastic has turned negative from the
overbought zone indicating a possible consolidation or a down move in the
near term The trend deciding level for the day is 8200. If NIFTY trades above
this level then we may witness a further rally up to 8240-8260 levels.
However, if NIFTY trades below 8140 levels then we may see some loss
booking initiating in the market, which may correct up to 7 level.8100-8080.
OBSERVATION
STRATEGY :-
NIFTY is looking Bearish on a chart for next day. One can go for buy on lower level strategy for this
index for intraday to midterm positions.

4. 4
On Friday session, the index had given a flat opening followed up with
positive momentum throughout the session. The “UPTREND” pattern
formed during the previous week on weekly charts has been negated as
the index has managed to cross the high on WEDNESDAY, thus
indicating bulls taking control back in their favor. If the index manages to
continue its momentum, then it could rally up to 17150-17450 range
which is 127% reciprocal retracement of the previous corrective move
from 16400 to 16285. Traders are hence advised to continue to trade in
the direction of the trend and follow strict risk management strategy on
their trading positions. Intraday support for Nifty Bank is placed around
16997and 17100whereas resistance are seen around 17775.
TEHNICAL & DERIVATIVE REPO
JUNE 02, 2016
NIFTY BANK OUTLOOK- (17423.45)

5. 5
KEY VALUE
Support 1- 17420 Resistance1- 17550
Support 2- 17200 Resistance 2- 17675
ASIA MARKET:-
Index Last Traded Change
Straits Times 2,790.54 -0.52 -0.02%
Hang Seng 20,760.98 -54.11 -0.26%
SSE Composite Index
(Shanghai) 2,913.51 -3.11 -0.11%
Nikkei 225 16,955.73 -279.25 -1.62%
MARKET INDICATORS

6. 6
AMERICA :-
Index Last Traded Change
Dow
JONES 17,787.20 -86.02 -0.48%
S&P500 2,096.96 -2.10 -0.10%
Nasdaq 4,948.05 +14.55 +0.29%
EUROPE :-
Index Last Traded
Change
DAX
10,180.41 -82.33 -0.80%
FTSE 100 6,174.52 -56.27 -0.90%
CAC 40 4,469.20 -36.42 -0.81%
BEL-20 3,530.00 0.00 0.00%

7. 7
AMTEK AUTO LTD. +7.59%
TUBE INVESTMENTS +6.13%
MONSANTO INDIA +5.85%
ADANI PORTS & SPECI +4.98%
MUTHOOT FINANCE +4.91%
SUPREME INDS. -5.92%
SUZLON ENERGY LTD. -5.33%
WELSPUN CORP -4.22%
SYNDICATE BANK -4.10%
CANARA BANK -3.99%
TOP GAINERS
TOP LOSERS

8. 8
“TVS Motor looks interesting after correction”
Support 1- 285 Resistance1- 295
Support 2- 280 Resistance 2- 302
KEY VALUE
TEHNICAL & DERIVATIVE REPORT
JUNE 02, 2016
TVS MOTORS

9. 9
“Jet Airways were under pressure as government has decided to increase
aviation turbine fuel (ATF) steeply by 9.2 percent to Rs 46,729.48/k”
KEY VALUES
SUPPORT 1- 570 RESISTANCE 1 -560
SUPPORT 2- 562 RESISTANCE 2- 567
TEHNICAL & DERIVATIVE REPORT
JUNE 02, 2016
JET AIRWAYS

10. 10
The information contained here was gathered from sources deemed reliable
however; no claim is made as to accuracy or content. This does not contain specific
recommendations to buy or sell at particular prices or time, nor should any
examples presented be deemed as such. There is a risk of loss in equity trading and
you should carefully consider your financial position before making a trade. This is
not, nor is it intended, to be a complete study of chart patterns or technical analysis
and should not be deemed as such. SAI PROFICIENT INVESTMENT
ADVISORS does not guarantee that such information is accurate or complete and
it should not be relied upon as such. Any opinions expressed reflect judgments at
this date and are subject to change without notice. For use at the sole discretion of
the investor without any liability on Sai Proficient Investment Advisors.
TEHNICAL & DERIVATIVE REPORT
JUNE 02, 2016
DISCLAIMER