Equity segment is also known as Cash segment. Equity trading is quite popular in Indian stock market as in Equity segment traders and investors can buy any number of shares depending upon their budget and risk appetite.

1. AUG 8,2016

2. 2
“Nifty may open in green indicating domestic market cues”
Indian benchmark indices are likely to open in flat with the market
indicator SGX nifty trading +98.50 points at 8,702.50 at the time of
market closed. Asian market trading red but America market and
Europe market trading green.
TEHNICAL & DERIVATIVE REPORT
AUG 8, 2016
SENSEX (28078.35) /NIFTY (8683.15)

3. 3
KEY VALUE
SUPPORT 1- 8630 RESISTANCE1- 8725
SUPPORT 2- 8580 RESISTANCE 2- 8775
.
Nifty closed at 8683.15 with a gain of (+132.05) points. On the daily chart the
index has formed Bullish candle indicating positive bias.The index is moving
in a Higher Top and Higher Bottom formation on the daily chart indicating
sustained down trend. The chart pattern suggests that if Nifty crosses and
sustains above 8725level it would witness buying which would lead the index
towards 8775-8800 levels.However if index breaks below 8630level it would
witness selling which would take the index towards 8600-8560 Nifty 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 8725. If NIFTY trades above
this level then we may witness a further rally up to 8770-8800 levels.
However, if NIFTY trades below 8630 levels then we may see some loss
booking initiating in the market, which may correct up to 7 level.8600-8570.
OBSERVATION
STRATEGY :-
NIFTY is looking Bullish 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 Monday, thus indicating bulls
taking control back in their favor. If the index manages to continue its
momentum, then it could rally up to 17550-17650 range which is 127%
reciprocal retracement of the previous corrective move from 16800 to
16600. 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 16252 and
17420 whereas resistance are seen around 19120.
TEHNICAL & DERIVATIVE REPO
AUG 8, 2016
NIFTY BANK OUTLOOK- (18925.95)
.154)

5. 5
KEY VALUE
Support 1- 18870 Resistance1- 19005
Support 2- 18800 Resistance 2- 19150
ASIA MARKET:-
Index Last Traded Change
Straits Times 2,828.17 -3.79 -0.13%
Hang Seng 22,146.09 +313.86 +1.44%
SSE Composite Index
(Shanghai) 2,976.70 -5.73 -0.19%
Nikkei 225 16,254.45 -0.44 -0.00%
MARKET INDICATORS

6. 6
AMERICA :-
Index Last Traded Change
Dow
JONES
18,352.05
-2.95 -0.02%
S&P500 2,164.25 +0.46 +0.02%
Nasdaq 5,166.25 +6.51 +0.13%
EUROPE :-
Index Last Traded
Change
CAC40
4,373.21 +27.58 +0.63%
FTSE 100 6,754.52 +14.36 +0.21%
DAX 10,261.01 +33.15 +0.32%
BEL-20 3,434.94 +7.60 +0.22%

7. 7
GRASIM INDS. +5.40%
HERO MOTO CORP +5.12%
HINDLACO INDUS. +4.81%
AMBUJA CEMENT LTD. +4.35%
BAJAJ AUTO LTD. +4.30%
TECH MAHINDRA LTD. -.98%
POWER GRID CORPO -.95%
BHARTI INFRATEL LTD. -.87%
SUNPHARMA -.78%
BHARTI AIRTEL -.61%
TOP GAINERS
TOP LOSERS

8. 8
Tata Motors soars 3%; Jul JLR sales up 34% with China rising 64%
Support 1-510 Resistance1- 522
Support 2- 504 Resistance 2- 526
KEY VALUE
TEHNICAL & DERIVATIVE REPORT
AUG 8, 2016
TATA MOTORS

9. 9
Bharat Forge Q1 net tanks 38% on exports, Q2 demand to be higher
Support 1- 807 Resistance1-822
Support 2- 799 Resistance 2- 832
KEY VALUE
TEHNICAL & DERIVATIVE REPORT
AUG 8, 2016
BHARAT FORG

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 Advisor.
TEHNICAL & DERIVATIVE REPORT
AUG 8, 2016
DISCLAIMER