- The Nifty and Bank Nifty indices traded positively and closed at a new record high, while some individual stocks like Jain Irrigation and Kpit Technologies are expected to perform well this week. - DLF Ltd. is currently in an uptrend, having bounced back up after retracing in August, and could potentially reach resistance levels of Rs. 234-240 if it remains above support of Rs. 204/200. - Market news recaps that the Sensex gained over 100 points led by industrial, banking and capital goods sectors, while results from companies like Bharti Airtel and Amtek Auto impacted their stock prices.

1. 03.11.2017
Market commentary
Nifty and Bank nifty traded in positive territory today and Nifty ended at fresh
record closing high at 10,452, up by 28 points.This week Nifty Touched high of
10460.95 and low of 10324.70 an closed at 10452.50.
For this week 10500/560 is crucial resistance level and if this level is breached
then 10620 and 10755 are possible on down side 10370 and 10280 are immediate
supports.
Out of 1,974 stocks traded on the NSE, 879 advanced, 801 declined, and 294
remained unchanged today. A total of 111 stocks registered a fresh 52-week high
in trade today, while 14 stocks touched a new 52-week low on the NSE.
Jain Irrigation, kpit technologies, Power Finance Corporation, Adani ports,
Aubindo pharma are the stocks which can perform well this week.
Nifty Daily Chart
Nifty
R2 R1 Pivot S1 S2
10494 10473 10438 10417
10382

2. Stock to Watch for Friday
DLF Ltd.
Daily Chart
Technical Analysis
The stock is moving higher along the support of its short term moving average
and it is moving higher for last two month indicating the trait of a stock which is in
a uptrend. It had touched high of 216 in May 2017 and retraced down to the level
of 153 in the month of August and after that it is moving higher.
The stock touched high of 216.20 which is near its previous high in the month of
May 2017 , if it continues to trade above level then further up move can be seen
up to the levels of 234/240. In down side it has very strong support around levels
of 204/200 and 198/190.

3. Market Highlights
 Nifty and Sensex ended trade on a positive note, after Sensex
appreciated by over 100 points due to strong gains in Industrials,
Bank, and Capital Goods sectors. PNB leads the Banking sector by
gaining around 5%.
 SBI Bank, ONGC, Tata Motors, Larsen & Toubro, and Indusland
Bank are among the gainers, whereas Power Grid, Sun Pharma,
Coal India, BPCL, and GAIL lost steam on NSE.
 Bharti Airtel hit an over 10-year high of Rs 564.80 today after a
large block deal on the BSE, but came off that level after investors
realised that the deal was between promoter entities. The stock
was up 1.2%
 The Q2FY18 results came in mixed vs street estimates as NII for
the quarter was 11.2% below the street estimates of Rs.2915
crore. And Net profit for the quarter was 6.3% higher than
estimates of Rs.1774 crore.The NII for the quarter declined by
9.8% yoy to Rs.2589 crore in Q2FY18 vs Rs.2871 crore in previous
year corresponding quarter.
 Shares of Amtek Auto made a strong surge of 20%, creating a buzz
in the market and media alike. The surge came after Bharat Forge
announced its participation in the process to acquire Amtek Auto.
Upcoming Results
Results on
Saturday
Results on
Monday
Polymed,Indnippon,Afl,Vssl,Shilpi,Lumaxind,Orientppr,Kitex,Sarden,RElaxo,
Inoxwind,Penpebs,Motilalofs,Lfic,Selan,Naclind.
Gujgasltd,Recltd,AsianHotnr,Hotelrugby,Gangessecu,jppower,Avadhsugar,
Triturbine,cgcl,Nrbbearing,Astrazen,Avadhsugar,Welcorp,Vimaloil,Bfinvest,
Nelcast,Centurytext,Wheels,Greenlam,Nh,Justdial,Torrentpower,Petronet,
Kec,Gtpl,Dpscltd,Hudco,Gipcl,Paragmilk,Arvsmart,Indianb,Lpdc,Gulfoillub,Lit,
Thomascook,Vbl.

4. Disclaimer
The information and views in this report, our website & all the service we provide are believed to be
reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have
the right to choose the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information
contained herein is based on analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The
report does not provide individually tailor-made investment advice. Money CapitalHeight Research
Pvt Ltd. recommends that investors independently evaluate particular investments and strategies,
and encourages investors to seek the advice of a financial adviser. Money CapitalHeight Research Pvt
Ltd. shall not be responsible for any transaction conducted based on the information given in this
report, which is in violation of rules and regulations of MCX and NCDEX.
The metal’s price projections shown are not necessarily indicative of future price performance. The
information herein, together with all estimates and forecasts, can change without notice. Analyst or
any person related to Money CapitalHeight Research Pvt Ltd. might be holding positions in the stocks
recommended. It is understood that anyone who is browsing through the site has done so at his free
will and does not read any views expressed as a recommendation for which either the site or its
owners or anyone can be held responsible for . Any surfing and reading of the information is the
acceptance of this disclaimer.
All Rights Reserved.
Investment in Commodity and equity market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for
any loss incurred whatsoever for any financial profits or loss which may arise from the
recommendations above. Money CapitalHeight Research Pvt Ltd. does not purport to be an invitation
or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided
by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal
Actions can be taken.