Daily Report
THURSDAY DEC 26 2019
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 1
Daily Report
THURSDAY DEC 26 2019
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 2
 At close, the Sensex was down 181.40 points or 0.44% at 41461.26, while Nifty was
down 48.30 points or 0.39% at 12214.50. About 1136 shares have advanced, 1320
shares declined, and 170 shares are unchanged.
 Yes Bank, Cipla, IndusInd Bank, JSW Steel and ONGC were among major gainers
on the Nifty, while top losers were BPCL, HCL Technologies, Reliance Industries,
UPL and Eicher Motors.
GLOBAL MARKETS
INDICES VALUE % change
DJIA 28,551.53 0.34
S&P 500 3,224.01 0.087
NASDAQ
8,945.65
0.23
FTSE 100 7,630.68 0.09
DAX 13,300.98 -0.13
CAC 40 6,031.09 0.02
NIKKEI 23,830.58 0.04
HANGSENG
27,864.21
-0.15
MARKETS AT A GLANCE
INDIAN MARKETS
INDICES VALUE CHANGE % CHANGE
NIFTY 12214.50 -48.30 -0.39
SENSEX 41461.26 -181.40 -0.44
BANKNIFTY 32280.80 -58.70 -0.18
INDIAN SECTORIAL INDICES
INDICES % change
NIFTY AUTO -0.41
NIFTY FIN SERVICE -0.26
NIFTY FMCG -0.1
NIFTY IT -0.54
NIFTY MEDIA -0.48
NIFTY METAL 0.52
NIFTY PHARMA 0.12
NIFTY PSU BANK -0.18
NIFTY PVT BANK 0
NIFTY REALTY 0.5
MARKETS’ SUMMARY
Daily Report
THURSDAY DEC 26 2019
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 4
 Reliance Industries ; The oil-retail-to-telecom major was the biggest wealth creator after a gap of seven
years, Motilal Oswal said in its Wealth Creation report on December 18.The stock rallied from Rs 440 lev-
els to Rs 1,605 currently during six-year period and it became the first company on Dalal Street to cross Rs
10 lakh crore in market-cap, largely backed by consumer businesses, including retail and Jio
 Yes Bank :The stock has lost almost 69 percent of its market value on BSE in the calendar year 2019 as of
December 20 close. The cash-starved lender last raised funds in August 2019 and took the QIP route.At this
juncture, the bank not only has to raise funds but also regain market’s trust, as the delay in funding is fuel-
ling worries about the private lender’s future. Brokerages are not upbeat about the stocks and they seek
more clarity on the bank's latest fundraising plans. Recently, Japanese brokerage firm Nomura went to the
extent of saying that unavailability of capital raises the question of the bank’s “going concern” status.
 State Bank of India:Up-down-up... the stock has seen volatility throughout the year. Even as the funda-
mentals of the bank remains strong. The stock has gained 14 percent on BSE in 2019, as of December 20
close.India's largest lender reported a more than three-fold increase in Q2 FY20 profit, despite higher provi-
sions, with an improvement in asset quality.
 Tata Motors Tata Motors’ numbers for the September quarter came in better than expected on the strong
performance of its Jaguar Land Rover (JLR) business. JLR business was back in the black, thanks to new
launches and cost-cutting efforts undertaken by the company. JLR business is expected to improve as the
prospects of a smoother Brexit is stronger now.Domestic brokerage Motilal Oswal Financial Services has
upgraded the stock to buy with a target price of Rs 195.
 Infosys :Infosys reported a 5.8 percent sequential growth in Q2 FY20 with its net profit at Rs
4,019 crore. Growth in constant currency terms was 3.3 percent QoQ, while the year-on-year
increase in dollar revenue growth was 9.9 percent and 11.4 percent in constant currency in Q2.
The company signed $2.8 billion worth of deals during the September quarter.
DAILY NEWS
Daily Report
THURSDAY DEC 26 2019
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 3
Losers of the Day
Symbol CMP % change
BPCL 479.6 -2.72
HCLTECH 561 -1.74
RELIANCE 1,544.50 -1.71
EICHERMOT 21,861.05 -1.42
UPL 570.05 -1.32
52 Weeks’ High
Symbol LTP Change % change
ADANIGREEN 148.9 7.05 4.97
AGCNET 133.05 1.45 1.1
AGROPHOS 154.3 2.05 1.35
APLAPOLLO 1,690.00 -3.55 -0.21
AVANTIFEED 581 -2.75 -0.47
52 Weeks’ Low
Symbol LTP Change % change
ALPHAGEO 164.2 -0.75 -0.45
BHARATWIRE 24.75 0.75 3.13
BODALCHEM 55.45 1.3 2.4
CYBERMEDIA 2.75 -0.1 -3.51
DBCORP 131.3 -0.55 -0.42
Gainers of the Day
Symbol CMP % change
YESBANK 51.15 3.02
CIPLA 477.2 2
INDUSINDBK 1,516.00 1.32
JSWSTEEL 266.75 1.16
ONGC 125.6 0.76
OI Spurts
Symbol Change in OI
% Change in
OI
BOSCHLTD 3,330 81.14
BRITANNIA 7,182 60.94
UBL 1,362 47.47
EICHERMOT 6,678 47.23
PETRONET 3,244 47.16
Volume Shockers
Symbol Volume
SETF10GILT 2,142
ZODIACLOTH 1,68,434
STERTOOLS 2,19,656
ELGIRUBCO 1,07,687
ICICI500 4,01,390
ARENTERP 9,900
PIONDIST 1,21,557
MOVERS & SHAKERS
Daily Report
THURSDAY DEC 26 2019
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 5
FII DERIVATIVES STATISTICS
BUY SELL
OPEN INTEREST AT THE END OF THE
DAY
No. of con-
tracts
Amt in Crores
No. of con-
tracts
Amt in Crores No. of contracts Amt in Crores
INDEX FUTURES 64346 5522.50 58059 4910.73 194512 16972.36
INDEX OPTIONS 2215168 160978.10 2201702 159801.08 649664 56572.57
STOCK FUTURES 648552 40519.80 615915 39715.43 1546865 100673.00
STOCK OPTIONS 54523 3695.47 53958 3661.89 51316 2940.58
-2626.74
RBI REFERENCE RATE
INR / 1 USD 71.26
INR / 1 EURO 78.92
INR / 100 Jap. YEN 65.16
INR / 1 POUND Sterling 92.20
Daily Report
THURSDAY DEC 26 2019
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 6
1 LICHSGFIN FUTURE : (SELL )
1. ESCORTS FUTURE (SELL )
PIVOT LEVELS
R2 R1 PIVOT S1 S2
433.97 429.03 425.87 420.93 417.77
LICHSGFIN FUTURE :IN DAILY CHARTS
BEARISH CANDELSTRICK PATTERN IS
FOMRED AND BEARISH FLAGS PATTERN
BREAKOUT LEVEL BELOW 422 MAJOR
SUPPORT LEVEL 422 AND MAJOR RE-
SISTANCE LEVEL 430, LEVEL 422
BREAKOUT ITS WILL GOES DOWN
SIDES ,RSI GIVES SELL SIGNALS .
SELL LICHSGFIN IN FUTURE BELOW 422
TGT 418/411 SL ABOVE 428
ESCORTS FUTURE :IN DAILY CHARTS A
BEARISH WIDE RANGE CANDELSTRICK
PATTERN IS FOMRED AND RANGE
BREAKOUT WILL GIVES BELOW
618 ,MAJOR RESISTANCE LEVEL 630AND
MAJOR SUPPORT LEVEL 618 .AND DOUBLE
TOP FORMED BREAK OUT LEVEL IS 618IN
30 MIN CHARTS.
SELL ESCORTS IN FUTURE BELOW 618
TGT 612/604 SL ABOVE 625
PIVOT LEVELS
R2 R1 PIVOT S1 S2
632.77 626.63 622.87 616.73 612.97
TECHNICAL RECOMMENDATIONS
Daily Report
THURSDAY DEC 26 2019
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 7
TECHNICAL VIEW : LICHSGFIN LTD( SELL )
TECHNICAL VIEW: GRASIM LTD CASH (SELL )
PIVOT LEVELS
R2 R1 PIVOT S1 S2
432.97 428.08 425.12 420.23 417.27
LICHSGFIN LTD :IN DAILY CHARTS BEARISH
CANDELSTRICK PATTERN IS FOMRED AND
BEARISH FLAGS PATTERN BREAKOUT LEV-
EL BELOW 422 MAJOR SUPPORT LEVEL 422
AND MAJOR RESISTANCE LEVEL 430, LEV-
EL 422 BREAKOUT ITS WILL GOES DOWN
SIDES ,RSI GIVES SELL SIGNALS .
SELL LICHSGFIN IN CASH BELOW 422
TGT 418/411 SL ABOVE 428
GRASIM LTD :IN DAILY CHARTS A BEAR-
ISH WIDE RANGE CANDELSTRICK PAT-
TERN IS FOMRED AND RANGE BREAKOUT
WILL GIVES BELOW 738 ,MAJOR RE-
SISTANCE LEVEL 748 AND MAJOR SUP-
PORT LEVEL 718 . RSI GIVES SELL SIG-
NALS .
SELL LICHSGFIN IN CASH BELOW 738
TGT 732/724 SL ABOVE 746
PIVOT LEVELS
R2 R1 PIVOT S1 S2
753.40 745.95 741.55 734.10 729.70
TECHNICAL RECOMMENDATIONS
Daily Report
THURSDAY DEC 26 2019
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 8
3. NIFTY FUTURE (SELL)
4. BANK NIFTY FUTURE (SELL )
PIVOT LEVELS
R2 R1 PIVOT S1 S2
12,346.70 12,291.60 12,259.80 12,204.70 12,172.90
NIFTY FUTURE: IN DAILY A CHARTS BEARISH
HARAMI CANDELSTRICK PATTERN FORMED
ITS BEARISH REVERSE SIGNALS AND MAJORS
RESISTANCE LEVEL 12300 MAJOR SUPPORT
LEVEL 12000 ,IF 12200 LEVEL BREAKOUT
NIFTY WILL GOING DOWN SIDES ,RSI IS SELL
SIGNALS .
BUIY NIFTY IN FUTURE BELOW 12200 TGT
12140/12060 SL ABOVE 12280
BANKNIFTY FUTURE: IN DAILYS CHARTS
SPIN TOP CANDELSTRICK PATTERN FOMRED
AND 30 MIN CHARTS PRICES MOVES IN
CHANNEL AND BREAKOUT LEVEL 32250
THE ITS WILL DOWN SIDE MAJORS RE-
SISTANCE LEVEL 32500 AND MAJORS SUP-
PORT LEVEL 32000 , ,RSI IS SELL SIGNALS.
SELL BANK NIFTY FUTURE BELOW 32250
TGT 32180/32080 SL ABOVE 32350
PIVOT LEVELS
R2 R1 PIVOT S1 S2
32,433.40 32,369.25 32,319.85 32,255.70 32,206.30
TECHNICAL RECOMMENDATIONS
Daily Report
THURSDAY DEC 26 2019
URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 9
PREVIOUS DAY’S PERFORMANCE
CALL
SEG-
MENT
ADVISE ENTRY TGT SL STATUS
NIFTY INDEX BUY
12280 12340/12420 12180
MAKE AHIGH
12,314.90
BANKNIFTY INDEX SELL 32250 32180/32080
32350
NMOT EXECUTED
VOLTAS LTD
CASH BUY 658 664/670 651 SL TRG
RBLBANK
LTD
CASH SELL 332
328/322 337
NOT EXECUTED
RBLBANK FUTURE BUY 333
328/322 338
HOLD
UPLBANK
FUTURE SELL
575 570/563
581 HIT FIRST TGT
DISCLAIMER
This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any
investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of
this document should make such investigations as they deem necessary to arrive at an independent evaluation of an in-
vestment in the securities of the companies referred to in this document including the merits and risks involved, and
should consult their own advisors to determine the merits and risks of such an investment. Reports based on technical
and derivative analysis center on studying charts of a stock's price movement, outstanding positions and trading vol-
ume. The information in this document has been printed on the basis of publicly available information, internal data and
other reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be
relied on as such, as this document is for general guidance only. Trade Nivesh shall not be in any way responsible for
any loss or damage that may arise.

Daily report 26 dec

  • 1.
    Daily Report THURSDAY DEC26 2019 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 1
  • 2.
    Daily Report THURSDAY DEC26 2019 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 2  At close, the Sensex was down 181.40 points or 0.44% at 41461.26, while Nifty was down 48.30 points or 0.39% at 12214.50. About 1136 shares have advanced, 1320 shares declined, and 170 shares are unchanged.  Yes Bank, Cipla, IndusInd Bank, JSW Steel and ONGC were among major gainers on the Nifty, while top losers were BPCL, HCL Technologies, Reliance Industries, UPL and Eicher Motors. GLOBAL MARKETS INDICES VALUE % change DJIA 28,551.53 0.34 S&P 500 3,224.01 0.087 NASDAQ 8,945.65 0.23 FTSE 100 7,630.68 0.09 DAX 13,300.98 -0.13 CAC 40 6,031.09 0.02 NIKKEI 23,830.58 0.04 HANGSENG 27,864.21 -0.15 MARKETS AT A GLANCE INDIAN MARKETS INDICES VALUE CHANGE % CHANGE NIFTY 12214.50 -48.30 -0.39 SENSEX 41461.26 -181.40 -0.44 BANKNIFTY 32280.80 -58.70 -0.18 INDIAN SECTORIAL INDICES INDICES % change NIFTY AUTO -0.41 NIFTY FIN SERVICE -0.26 NIFTY FMCG -0.1 NIFTY IT -0.54 NIFTY MEDIA -0.48 NIFTY METAL 0.52 NIFTY PHARMA 0.12 NIFTY PSU BANK -0.18 NIFTY PVT BANK 0 NIFTY REALTY 0.5 MARKETS’ SUMMARY
  • 3.
    Daily Report THURSDAY DEC26 2019 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 4  Reliance Industries ; The oil-retail-to-telecom major was the biggest wealth creator after a gap of seven years, Motilal Oswal said in its Wealth Creation report on December 18.The stock rallied from Rs 440 lev- els to Rs 1,605 currently during six-year period and it became the first company on Dalal Street to cross Rs 10 lakh crore in market-cap, largely backed by consumer businesses, including retail and Jio  Yes Bank :The stock has lost almost 69 percent of its market value on BSE in the calendar year 2019 as of December 20 close. The cash-starved lender last raised funds in August 2019 and took the QIP route.At this juncture, the bank not only has to raise funds but also regain market’s trust, as the delay in funding is fuel- ling worries about the private lender’s future. Brokerages are not upbeat about the stocks and they seek more clarity on the bank's latest fundraising plans. Recently, Japanese brokerage firm Nomura went to the extent of saying that unavailability of capital raises the question of the bank’s “going concern” status.  State Bank of India:Up-down-up... the stock has seen volatility throughout the year. Even as the funda- mentals of the bank remains strong. The stock has gained 14 percent on BSE in 2019, as of December 20 close.India's largest lender reported a more than three-fold increase in Q2 FY20 profit, despite higher provi- sions, with an improvement in asset quality.  Tata Motors Tata Motors’ numbers for the September quarter came in better than expected on the strong performance of its Jaguar Land Rover (JLR) business. JLR business was back in the black, thanks to new launches and cost-cutting efforts undertaken by the company. JLR business is expected to improve as the prospects of a smoother Brexit is stronger now.Domestic brokerage Motilal Oswal Financial Services has upgraded the stock to buy with a target price of Rs 195.  Infosys :Infosys reported a 5.8 percent sequential growth in Q2 FY20 with its net profit at Rs 4,019 crore. Growth in constant currency terms was 3.3 percent QoQ, while the year-on-year increase in dollar revenue growth was 9.9 percent and 11.4 percent in constant currency in Q2. The company signed $2.8 billion worth of deals during the September quarter. DAILY NEWS
  • 4.
    Daily Report THURSDAY DEC26 2019 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 3 Losers of the Day Symbol CMP % change BPCL 479.6 -2.72 HCLTECH 561 -1.74 RELIANCE 1,544.50 -1.71 EICHERMOT 21,861.05 -1.42 UPL 570.05 -1.32 52 Weeks’ High Symbol LTP Change % change ADANIGREEN 148.9 7.05 4.97 AGCNET 133.05 1.45 1.1 AGROPHOS 154.3 2.05 1.35 APLAPOLLO 1,690.00 -3.55 -0.21 AVANTIFEED 581 -2.75 -0.47 52 Weeks’ Low Symbol LTP Change % change ALPHAGEO 164.2 -0.75 -0.45 BHARATWIRE 24.75 0.75 3.13 BODALCHEM 55.45 1.3 2.4 CYBERMEDIA 2.75 -0.1 -3.51 DBCORP 131.3 -0.55 -0.42 Gainers of the Day Symbol CMP % change YESBANK 51.15 3.02 CIPLA 477.2 2 INDUSINDBK 1,516.00 1.32 JSWSTEEL 266.75 1.16 ONGC 125.6 0.76 OI Spurts Symbol Change in OI % Change in OI BOSCHLTD 3,330 81.14 BRITANNIA 7,182 60.94 UBL 1,362 47.47 EICHERMOT 6,678 47.23 PETRONET 3,244 47.16 Volume Shockers Symbol Volume SETF10GILT 2,142 ZODIACLOTH 1,68,434 STERTOOLS 2,19,656 ELGIRUBCO 1,07,687 ICICI500 4,01,390 ARENTERP 9,900 PIONDIST 1,21,557 MOVERS & SHAKERS
  • 5.
    Daily Report THURSDAY DEC26 2019 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 5 FII DERIVATIVES STATISTICS BUY SELL OPEN INTEREST AT THE END OF THE DAY No. of con- tracts Amt in Crores No. of con- tracts Amt in Crores No. of contracts Amt in Crores INDEX FUTURES 64346 5522.50 58059 4910.73 194512 16972.36 INDEX OPTIONS 2215168 160978.10 2201702 159801.08 649664 56572.57 STOCK FUTURES 648552 40519.80 615915 39715.43 1546865 100673.00 STOCK OPTIONS 54523 3695.47 53958 3661.89 51316 2940.58 -2626.74 RBI REFERENCE RATE INR / 1 USD 71.26 INR / 1 EURO 78.92 INR / 100 Jap. YEN 65.16 INR / 1 POUND Sterling 92.20
  • 6.
    Daily Report THURSDAY DEC26 2019 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 6 1 LICHSGFIN FUTURE : (SELL ) 1. ESCORTS FUTURE (SELL ) PIVOT LEVELS R2 R1 PIVOT S1 S2 433.97 429.03 425.87 420.93 417.77 LICHSGFIN FUTURE :IN DAILY CHARTS BEARISH CANDELSTRICK PATTERN IS FOMRED AND BEARISH FLAGS PATTERN BREAKOUT LEVEL BELOW 422 MAJOR SUPPORT LEVEL 422 AND MAJOR RE- SISTANCE LEVEL 430, LEVEL 422 BREAKOUT ITS WILL GOES DOWN SIDES ,RSI GIVES SELL SIGNALS . SELL LICHSGFIN IN FUTURE BELOW 422 TGT 418/411 SL ABOVE 428 ESCORTS FUTURE :IN DAILY CHARTS A BEARISH WIDE RANGE CANDELSTRICK PATTERN IS FOMRED AND RANGE BREAKOUT WILL GIVES BELOW 618 ,MAJOR RESISTANCE LEVEL 630AND MAJOR SUPPORT LEVEL 618 .AND DOUBLE TOP FORMED BREAK OUT LEVEL IS 618IN 30 MIN CHARTS. SELL ESCORTS IN FUTURE BELOW 618 TGT 612/604 SL ABOVE 625 PIVOT LEVELS R2 R1 PIVOT S1 S2 632.77 626.63 622.87 616.73 612.97 TECHNICAL RECOMMENDATIONS
  • 7.
    Daily Report THURSDAY DEC26 2019 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 7 TECHNICAL VIEW : LICHSGFIN LTD( SELL ) TECHNICAL VIEW: GRASIM LTD CASH (SELL ) PIVOT LEVELS R2 R1 PIVOT S1 S2 432.97 428.08 425.12 420.23 417.27 LICHSGFIN LTD :IN DAILY CHARTS BEARISH CANDELSTRICK PATTERN IS FOMRED AND BEARISH FLAGS PATTERN BREAKOUT LEV- EL BELOW 422 MAJOR SUPPORT LEVEL 422 AND MAJOR RESISTANCE LEVEL 430, LEV- EL 422 BREAKOUT ITS WILL GOES DOWN SIDES ,RSI GIVES SELL SIGNALS . SELL LICHSGFIN IN CASH BELOW 422 TGT 418/411 SL ABOVE 428 GRASIM LTD :IN DAILY CHARTS A BEAR- ISH WIDE RANGE CANDELSTRICK PAT- TERN IS FOMRED AND RANGE BREAKOUT WILL GIVES BELOW 738 ,MAJOR RE- SISTANCE LEVEL 748 AND MAJOR SUP- PORT LEVEL 718 . RSI GIVES SELL SIG- NALS . SELL LICHSGFIN IN CASH BELOW 738 TGT 732/724 SL ABOVE 746 PIVOT LEVELS R2 R1 PIVOT S1 S2 753.40 745.95 741.55 734.10 729.70 TECHNICAL RECOMMENDATIONS
  • 8.
    Daily Report THURSDAY DEC26 2019 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 8 3. NIFTY FUTURE (SELL) 4. BANK NIFTY FUTURE (SELL ) PIVOT LEVELS R2 R1 PIVOT S1 S2 12,346.70 12,291.60 12,259.80 12,204.70 12,172.90 NIFTY FUTURE: IN DAILY A CHARTS BEARISH HARAMI CANDELSTRICK PATTERN FORMED ITS BEARISH REVERSE SIGNALS AND MAJORS RESISTANCE LEVEL 12300 MAJOR SUPPORT LEVEL 12000 ,IF 12200 LEVEL BREAKOUT NIFTY WILL GOING DOWN SIDES ,RSI IS SELL SIGNALS . BUIY NIFTY IN FUTURE BELOW 12200 TGT 12140/12060 SL ABOVE 12280 BANKNIFTY FUTURE: IN DAILYS CHARTS SPIN TOP CANDELSTRICK PATTERN FOMRED AND 30 MIN CHARTS PRICES MOVES IN CHANNEL AND BREAKOUT LEVEL 32250 THE ITS WILL DOWN SIDE MAJORS RE- SISTANCE LEVEL 32500 AND MAJORS SUP- PORT LEVEL 32000 , ,RSI IS SELL SIGNALS. SELL BANK NIFTY FUTURE BELOW 32250 TGT 32180/32080 SL ABOVE 32350 PIVOT LEVELS R2 R1 PIVOT S1 S2 32,433.40 32,369.25 32,319.85 32,255.70 32,206.30 TECHNICAL RECOMMENDATIONS
  • 9.
    Daily Report THURSDAY DEC26 2019 URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 9 PREVIOUS DAY’S PERFORMANCE CALL SEG- MENT ADVISE ENTRY TGT SL STATUS NIFTY INDEX BUY 12280 12340/12420 12180 MAKE AHIGH 12,314.90 BANKNIFTY INDEX SELL 32250 32180/32080 32350 NMOT EXECUTED VOLTAS LTD CASH BUY 658 664/670 651 SL TRG RBLBANK LTD CASH SELL 332 328/322 337 NOT EXECUTED RBLBANK FUTURE BUY 333 328/322 338 HOLD UPLBANK FUTURE SELL 575 570/563 581 HIT FIRST TGT DISCLAIMER This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this document should make such investigations as they deem necessary to arrive at an independent evaluation of an in- vestment in the securities of the companies referred to in this document including the merits and risks involved, and should consult their own advisors to determine the merits and risks of such an investment. Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding positions and trading vol- ume. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied on as such, as this document is for general guidance only. Trade Nivesh shall not be in any way responsible for any loss or damage that may arise.