On September 1, 2016, Nifty saw a flat opening around 8786, closing with a gain of 0.48% due to positive economic sentiment and foreign fund inflows, despite some profit booking by investors. The Bank Nifty also showed positive momentum, with important support and resistance levels identified for the coming sessions. Global markets had mixed reactions, with European stocks declining despite strong German retail sales, as investors awaited key US jobs data.

1. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Intraday
Today, We may witness flat opening in Nifty around 8786 level on back of SGX
Nifty and other Asian counters which is trading on mixed note today.
Nifty traded in green throughout the day and ended with a gain of almost half
a percent on Wednesday. After a positive opening, market traded with
traction, as sentiment remained upbeat with the FICCI survey that India’s
economy is likely to expand 7.8% during the current financial year on the back
of good monsoons. The estimated median GVA (gross value added) growth
for Q1 FY17 has been put at 7.6%. Buying got intensified in second half of
trade with the Finance Minister Arun Jaitley stating that it is logical to hope
for a rate cut by Reserve Bank of India (RBI) though the actual decision will
have to be taken by the central bank. However, market participants booked
some of their profit at higher levels in last leg of trade ahead of the release of
economic growth data later in the day. Sustained foreign fund inflows and
persistent buying by domestic financial institutions as well as retail investors,
supported the markets’ uptrend. Including Tuesday's inflows, FPIs have
pumped in about Rs 40,100 crore in Indian equities so far this year, while DIIs
have put in roughly Rs 10,600 crore. Finally nifty managed to end the session
tad below its crucial 8,800 mark with a gain of over forty points. On global
front, European stocks were trading lower despite upbeat German retail sales
data. Investors remained cautious ahead of the release of a US jobs report
due later in the day, while Asian markets ended mixed on Wednesday, with
investors looking ahead to China PMI data this week and taking note of
regional data in Japan.
The top gainers in Nifty index were ULTRACEMCO, KOTAKBANK, LT,
AMBUJACEM, TATAPOWER. While on the other hand, top losers were
HINDALCO, TATASTEEL, BOSCHLTD, LUPIN, RELIANCE.
1st September, 2016
SENSEX 28,452 0.38%
NIFTY 8,786 0.48%
SGX Nifty* 8,845 0.00%
Global Indices
Dow Jones 18,401 -0.29%
Nasdaq 5,213 -0.19%
FTSE 6,782 -0.58%
DAX 10,593 -0.61%
Straits Times 2,827 0.23%
Nikkei 225 16,909 0.12%
Hang Seng 23,058 0.35%
Commodities
Gold 30,724 -0.32%
Silver 43,988 0.02%
Natural Gas 194 1.90%
Crude Oil 3,003 -4.06%
Currency
Dollar / Rupee 66.96 -0.09%
Euro / Rupee 74.76 0.08%
Pound / Rupee 88.08 0.12%
Volumes Rs.mn
Cash BSE 72,930 110.94
Cash NSE 379,444 92.54
FII Activities Rs.Cr.
Purchase Sale Net
5417.19 5,135 282.16
MF Activities Rs.Cr.
Purchase Sale Net
10889.3 8,505 2384
Indian Markets
*Sources- Bloomberg, Moneycontrol, Zeebusiness, livemint

2. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Outlook
Bank Nifty Outlook
1st September, 2016
L1 L2 L3
R 8819 8852 8884
S 8754 8721 8689
21 DEMA 8634
50 DEMA 8503
100 DEMA 8296
Moving Averages
L1 L2 L3
R 19875 19963 20103
S 19648 19508 19420
21 DEMA 19159
50 DEMA 18678
100 DEMA 18009
Moving Averages
 After breaching pro long consolidation phase of 8500 to 8700 range nifty showcased spillover effect. It
again opened with bullish gap and continued to move higher.
 Follow up buying after range breakout erases chances of whipsaw in short term perspective.
 Index has created optimism by breaching its condense range. Taking cues from ADX, bulls again took
dominant position.
 Going forward, looking at current zest of bulls positive momentum likely to continue oh higher side till
8840 level. On downside 8680 can act as good support where fresh buying can be garnered.
 Bank Nifty continued to move higher and out pacing broader index as some of the heavy counters has
established 52 week high level.
 After taking support at 19100 crucial level index has given strong bounce. It validates support level and
dignified it as strong floor for index.
 Among bank nifty index, 9 participants has ended in green territory which shows broad-base activity in
index and mild nervousness observed in leading PSU banks.
 Going forward Bank Nifty seems to be in positive momentum and immediate upside can be unto 19800
level on downside support likely to be around 19500 level.

3. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Derivative Front:
The India VIX addition by 1.71% and reached 13.24. The Nifty
was up by 41.85 points or 0.48% to settle at 8,786.20.
From the most active contracts, SBI September 2016 futures
traded at a premium of 2.35 points at 253.95 compared with
spot closing of 251.60. ICICI Bank September 2016 futures
traded at a premium of 1.30 points at 259.15 compared with
spot closing of 257.85. DLF September 2016 futures traded at a
premium of 1.45 points at 156.05 compared with spot closing
of 154.60. Axis Bank September 2016 futures traded at a
premium of 3.00 points at 598.85 compared with spot closing
of 595.85. HDFC Bank September 2016 futures traded at a
premium of 5.50 points at 1296.50 compared with spot closing
of 1,291.00.
The Nifty PCR finally stood at 1.21 for September month
contract. The top five scrips with highest PCR on OI were
GRASIM (1.35), PCJEWELLER (1.33), BHARATFORG (1.17), M&M
(1.13) and TATAMOTORS (1.09).
1st September, 2016
Long Built Up
Symbol Close Price Chng % OI Chng % Buy Above
AXISBANK 598.85 0.70 35.52 606.72
YESBANK 1364.55 0.19 27.70 1374.16
NCC 85.55 3.13 13.01 87.38
PFC 124.2 7.39 11.86 127.60
Short Covering
Symbol Close Price Chng % OI Chng % Buy Above
FEDERALBNK 69.05 1.17 -9.68 69.89
CASTROLIND 450.80 4.97 -7.41 460.12
BIOCON 920.30 0.37 -5.84 925.08
CENTURYTEX 727 0.14 -5.63 732.54
Short Built Up
Symbol Close Price Chng % OI Chng % Sell Below
GODREJCP 1529.60 -2.87 11.99 1554.09
NTPC 158.80 -1.52 10.60 159.95
DLF 156.05 -4.50 10.38 160.29
DABUR 292.8 -1.03 10.34 295.88
Long Liquidation
Symbol Close Price Chng % OI Chng % Sell Below
APOLLOTYRE 183.85 -1.39 -7.44 185.95
UNIONBANK 142.50 -0.07 -6.38 144.10
ALBK 84.60 -0.12 -3.31 85.65
OIL 378.25 -0.55 -2.31 382.17
ORIENTBANK CALL RATIO SPREAD
View – Bullish
Max. Profit of 9.60, Approx. Loss of 0.40 at SL level
140
Expiry Date - 29th September, 2016
BUY /
SELL
QTY
STRIKE
PRICE
SERIES
OPTION
TYPE
Premium
BUY 6000 120 SEP CE 9.60
SELL 6000 130 SEP CE 4.60
SELL 6000 130 SEP CE 4.60
-2.00
0.00
2.00
4.00
6.00
8.00
10.00
12.00
115.00 120.00 125.00 130.00 135.00 140.00

4. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
1st September, 2016
Symbols CLOSE R3 R2 R1 P S1 S2 S3 Trend Action
ACC 1714 1619 1590 1595 1709 1693 1673 1636 Up Buy
ADANIPORTS 262 223 216 217 263 261 259 254 Down Sell
AMBUJACEM 282 263 259 260 279 277 273 266 Up Buy
ASIANPAINT 1160 1045 1025 1030 1161 1148 1136 1111 Down Sell
AUROPHARMA 790 765 747 751 794 784 777 760 Down Sell
AXISBANK 596 577 569 570 593 583 570 547 Up Buy
BAJAJ-AUTO 2976 2763 2706 2755 2994 2951 2927 2859 Down Sell
BANKBARODA 162 167 158 159 163 161 159 156 Down Sell
BHARTIARTL 333 380 361 363 333 329 325 317 Up Buy
BHEL 139 145 139 140 139 137 136 132 Down Sell
BOSCHLTD 24245 24177 23800 24100 24340 23980 23715 23091 Down Sell
BPCL 601 563 552 554 603 596 591 578 Down Sell
CIPLA 575 517 505 507 577 567 560 542 Down Sell
COALINDIA 335 324 319 321 334 332 329 324 Up Buy
DRREDDY 3095 3610 3544 3561 3102 3073 3051 3001 Down Sell
EICHERMOT 22651 19999 19800 19907 22894 22358 22066 21237 Down Sell
GAIL 383 399 386 387 385 380 377 369 Down Sell
GRASIM 4663 4849 4772 4786 4692 4629 4595 4498 Down Sell
HCLTECH 778 725 715 724 782 770 761 741 Down Sell
HDFC 1410 1386 1338 1345 1405 1395 1381 1357 Up Buy
HDFCBANK 1291 1239 1223 1225 1284 1273 1254 1225 Up Buy
HEROMOTOCO 3545 3295 3240 3252 3535 3488 3431 3326 Up Buy
HINDALCO 159 141 136 137 161 157 154 148 Down Sell
HINDUNILVR 915 947 910 911 918 909 903 889 Down Sell
ICICIBANK 258 271 263 263 259 256 255 251 Down Sell
IDEA 93 113 103 105 94 93 92 91 Down Sell
INDUSINDBK 1185 1145 1127 1130 1182 1164 1142 1103 Up Buy
INFRATEL 351 359 351 357 349 346 341 332 Up Buy
INFY 1034 1085 1055 1081 1036 1026 1018 1000 Down Sell
ITC 261 250 248 249 260 258 254 249 Up Buy
KOTAKBANK 809 783 769 780 806 796 784 762 Up Buy
LT 1512 1604 1565 1575 1500 1482 1452 1405 Up Buy
LUPIN 1482 1690 1660 1665 1497 1463 1445 1392 Down Sell
M&M 1441 1482 1464 1468 1440 1431 1422 1404 Up Buy
MARUTI 5056 4564 4432 4456 5065 5027 4998 4930 Down Sell
NTPC 159 157 155 155 160 158 156 153 Down Sell
ONGC 237 229 217 218 238 235 232 226 Down Sell
POWERGRID 184 166 163 163 183 182 181 178 Up Buy
RELIANCE 1048 1039 1002 1003 1056 1039 1029 1002 Down Sell
SBIN 252 234 228 229 253 250 248 244 Down Sell
SUNPHARMA 773 781 771 778 775 769 765 754 Down Sell
TATAMOTORS 538 505 490 491 539 528 519 499 Down Sell
TATAMTRDVR 344 322 313 313 345 338 332 319 Down Sell
TATAPOWER 79 72 70 71 78 77 76 73 Up Buy
TATASTEEL 370 379 364 365 373 365 361 348 Down Sell
TCS 2515 2469 2431 2431 2522 2494 2473 2424 Down Sell
TECHM 470 510 503 505 469 463 456 444 Up Buy
ULTRACEMCO 4029 3548 3483 3500 4004 3945 3861 3717 Up Buy
WIPRO 487 554 545 551 490 484 480 470 Down Sell
YESBANK 1378 1184 1170 1174 1367 1353 1327 1287 Up Buy
ZEEL 541 475 460 462 536 527 514 493 Up Buy

5. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
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1st September, 2016
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Date: 2016.09.01 08:37:44 +05'30'