The document provides a daily market summary and outlook for the Nifty 50 index and Bank Nifty index in India. It notes that the Nifty opened mildly higher and ended the previous day marginally in the green, supported by positive factors such as monsoon rainfall forecasts and foreign investment reforms. It provides technical analysis indicators and support/resistance levels for both indexes. Top gainers and losers are also listed, along with derivative analysis and research recommendations on various stocks.

1. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Intraday
Today, We may witness mild positive opening in Nifty around 8155 level on
back of SGX Nifty and other Asian counters which is trading on negative note
today.
Nifty ended marginally in green on Monday on account of buying by investors
in blue chips counters. Investors' sentiment got some support with India
Meteorological Department's PUNE centre report that the monsoon has
bounced back emphatically and is on track for a strong run in the weeks
ahead, cheering farmers who were rattled by the unexpected lean patch with
rainfall 25% below normal in mid-June. The monsoon is expected to reach
Punjab, Haryana, Delhi and parts of Rajasthan in a few days. Other regions of
the country, which the monsoon has covered, are going to get good rainfall in
next five days. Some support also came with Moody's Investors Service's
statement that India's decision to relax foreign direct investment in sectors
including defense, aviation, and retail is a positive development for the
country's sovereign ratings. The announcement is credit positive because it
demonstrates a continuation of reform momentum and paves the way for
private investment and a boost in productivity. Meanwhile, Chief Economic
Advisor Arvind Subramanian stated that Brexit, or Britain's exit from the
European Union, was a sad development but India would not be affected by it
due to India's solid macroeconomics. However, gains remained capped due to
uncertainty over Britain's decision to leave the European Union and Global
crude oil prices extended losses. Weakness in global markets too capped
gains. Asian markets ended mixed, as investors struggled to digest the world's
fifth-largest economy, out of the European Union.
The top gainers in Nifty index were LUPIN, IDEA, INFRATEL, HINDUNILVR,
BOSCHLTD .While on the other hand, top losers were HCLTECH,
TATAMTRDVR, TATAMOTORS, HINDALCO, TCS.
29th June,2016
SENSEX 26,525 0.46%
NIFTY 8,128 0.41%
SGX Nifty* 8,158 0.32%
Global Indices
Dow Jones 17,410 1.55%
Nasdaq 4,692 2.08%
FTSE 6,140 2.58%
DAX 9,447 1.89%
Straits Times 2,782 0.90%
Nikkei 225 15,544 1.42%
Hang Seng 20,336 0.80%
Commodities
Gold 31,315 -0.74%
Silver 42,346 0.13%
Natural Gas 195 4.45%
Crude Oil 3,226 2.79%
Currency
Dollar / Rupee 67.95 0.01%
Euro / Rupee 74.96 0.07%
Pound / Rupee 90.23 -0.10%
Volumes Rs.mn
Cash BSE 26,353 -19.65
Cash NSE 170,678 4.39
FII Activities Rs.Cr.
Purchase Sale Net
4344.59 4,241 103.28
MF Activities Rs.Cr.
Purchase Sale Net
7063.1 5,002 2061
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
 Bank Nifty opened on flat note and closed at 17561 with gain of 0.27%. Index still partially able to
recoup its Friday loss.
 Bank Nifty continued to gain its ground, it had taken support at 17000 level which is previous top area
and 23.6% retracement level of previous rise.
 Among Bank Nifty index 7 banking stock ended on positive note, Stock specific movement has been
observed, moreover stock has moved around its previous close.
 Going forward, immediate resistance can be around 17600 level and on downside support will be
around 17000 level.
29th June,2016
 Nifty has opened on flat note and moved higher thereafter, Index still partially able to recoup its Friday
loss.
 Nifty closed at 8127 level with gain of 33 points or 0.41%. From candlestick perspective Nifty has
formed mild bull candle.
 Nifty has retested its 21 day short term moving average. Momentum oscillator RSI has risen from 48
level.
 Going forward, short term moving average can act as immediate hurdle for index. Immediate hurdle can
be in the range of 8140 to 8180 range and on lower side 8050 can act as support.
L1 L2 L3
R 8154 8180 8213
S 8094 8061 8035
21 DEMA 8185
50 DEMA 8002
100 DEMA 7717
Moving Averages
L1 L2 L3
R 17137 17702 17777
S 17487 17411 17341
21 DEMA 17690
50 DEMA 17128
100 DEMA 16120
Moving Averages

3. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Derivative Front:
The VIX decreased by 4.34% and reached 17.72. The Nifty was up
by 33.15 points or 0.41% to settle at 8,127.85.
Nifty June 2016 futures closed at 8136.05 on Tuesday at a
premium of 8.20 points. Nifty June futures saw contraction of 1.36
million units, taking the total outstanding open interest (OI) to
10.75 million units. Among Nifty calls, 8200 SP from the June
month expiry was the most active call with an addition of 0.56
million open interests. Among Nifty puts, 8000 SP from the June
month expiry was the most active put with a contraction of 0.21
million open interests. The maximum OI outstanding for Calls was
at 8400 SP 5.97 mn and that for Puts was at 8000 SP 7.40 mn.
From the most active contracts, SBI June 2016 futures traded at a
premium of 1.05 points at 216.75. ICICI Bank June 2016 futures
traded at a premium of 0.15 points at 233.65. BANKBARODA June
2016 futures traded at a premium of 0.90 points at 154.90. Tata
Motors June 2016 futures traded at a premium of 0.65 points at
441.65 . Axis Bank June 2016 futures traded at a premium of 2.35
points at 515.35 .
The Nifty PCR finally stood at 1.21 for June month contract. The
top five scrips with highest PCR on OI were Bosch (2.00), Indusind
Bank (1.62), Indo Count Industries (1.42), Container Corporation of
India (1.37) and Hindalco (1.30).
29th June,2016
Long Built Up
Symbol Close Price Chng % OI Chng % Buy Above
Short Covering
Symbol Close Price Chng % OI Chng % Buy Above
TATACHEM 422.85 0.98 -129.09 430.55
PAGEIND 13808.60 1.76 -105.33 13903.68
CANBK 215.55 3.63 -77.79 217.02
INDIACEM 103.4 3.35 -77.65 104.81
Short Built Up
Symbol Close Price Chng % OI Chng % Sell Below
Long Liquidation
Symbol Close Price Chng % OI Chng % Sell Below
TITAN 390.40 -0.18 -62.62 392.42
HEXAWARE 227.40 -1.58 -40.52 229.50
OIL 347.35 -0.64 -37.60 350.98
BAJAJ-AUTO 2633.7 -1.97 -35.12 2653.83
Init. Date – 28.06.16 View – Bullish
Max. Profit of Rs. 197.85 (Rs.14838), Approx. Loss
of Rs. 52.15 (Rs. 3911.25 ) at SL level of 7850
Expiry Date - 28th July 2016
Future
BUY /
SELL
QTY SERIES TYPE
Market
Price
Buy 75 July Fut 8135
Option
BUY /
SELL
QTY
STRIKE
PRICE
SERIES
OPTION
TYPE
Premium
Sell 75 8300 July CE 89.60
Buy 75 8100 July PE 125.15
Sell 75 7900 July PE 68.40
-400.00
-200.00
0.00
200.00
400.00
7650.00 7950.00 8250.00 8550.00
NIFTY RATIO SPREAD

4. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
29th June,2016
Symbols CLOSE R3 R2 R1 P S1 S2 S3 Trend Action
ACC 1600 1649 1624 1612 1598 1586 1573 1548 Up Buy
ADANIPORTS 203 213 208 205 204 201 200 196 Down Sell
AMBUJACEM 252 261 257 254 253 250 248 244 Down Sell
ASIANPAINT 981 1000 990 986 980 976 971 961 Up Buy
AUROPHARMA 729 749 739 734 730 725 720 711 Down Sell
AXISBANK 513 531 523 518 515 510 508 500 Down Sell
BAJAJ-AUTO 2630 2748 2693 2661 2638 2607 2584 2529 Down Sell
BANKBARODA 154 162 158 156 153 151 149 144 Up Buy
BHARTIARTL 357 369 363 360 356 353 349 342 Up Buy
BHEL 119 123 121 120 119 118 118 116 Down Sell
BOSCHLTD 21545 22810 22057 21801 21304 21048 20551 19798 Up Buy
BPCL 1052 1077 1063 1057 1049 1043 1035 1021 Up Buy
CIPLA 497 519 506 502 494 489 482 469 Up Buy
COALINDIA 313 321 317 315 312 311 308 304 Up Buy
DRREDDY 3267 3362 3312 3289 3262 3239 3212 3163 Up Buy
EICHERMOT 19168 20099 19564 19366 19028 18830 18492 17956 Up Buy
GAIL 375 393 385 380 378 373 370 363 Down Sell
GRASIM 4455 4631 4533 4494 4435 4396 4337 4239 Up Buy
HCLTECH 713 773 747 730 721 704 694 668 Down Sell
HDFC 1229 1265 1244 1237 1224 1216 1204 1183 Up Buy
HDFCBANK 1169 1210 1187 1178 1164 1155 1141 1118 Up Buy
HEROMOTOCO 3022 3158 3097 3060 3037 2999 2976 2916 Down Sell
HINDALCO 118 126 122 120 119 117 116 112 Down Sell
HINDUNILVR 886 940 909 897 878 866 847 816 Up Buy
ICICIBANK 234 241 237 235 233 231 228 224 Up Buy
IDEA 104 112 108 106 103 101 99 94 Up Buy
INDUSINDBK 1086 1112 1098 1092 1084 1078 1070 1057 Up Buy
INFRATEL 339 359 348 343 336 332 325 313 Up Buy
INFY 1159 1197 1180 1169 1162 1152 1145 1127 Down Sell
ITC 368 386 376 372 365 362 355 345 Up Buy
KOTAKBANK 740 762 752 746 742 736 732 722 Down Sell
LT 1473 1525 1501 1487 1478 1464 1454 1431 Down Sell
LUPIN 1543 1669 1596 1569 1522 1495 1448 1375 Up Buy
M&M 1409 1458 1430 1420 1403 1393 1376 1349 Up Buy
MARUTI 4076 4150 4108 4092 4066 4050 4024 3982 Up Buy
NTPC 148 156 152 150 149 147 145 142 Down Sell
ONGC 211 216 213 212 211 210 209 206 Up Buy
POWERGRID 156 160 158 157 155 154 153 151 Up Buy
RELIANCE 958 971 965 961 958 955 952 945 Down Sell
SBIN 216 223 220 218 217 215 213 210 Down Sell
SUNPHARMA 765 801 785 775 769 759 753 738 Down Sell
TATAMOTORS 441 471 456 448 441 433 426 411 Up Buy
TATAMTRDVR 288 309 300 294 290 284 281 271 Down Sell
TATAPOWER 72 74 73 72 72 71 71 70 Down Sell
TATASTEEL 311 326 318 315 311 307 303 296 Up Buy
TCS 2464 2564 2520 2492 2475 2447 2431 2386 Down Sell
TECHM 501 530 517 509 505 497 492 480 Down Sell
ULTRACEMCO 3396 3504 3456 3426 3408 3378 3360 3312 Down Sell
WIPRO 542 554 549 545 543 540 538 532 Down Sell
YESBANK 1068 1112 1091 1080 1071 1059 1051 1030 Down Sell
ZEEL 437 450 443 440 437 434 431 424 Up Buy

5. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
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29th June,2016
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Date: 2016.06.29 08:50:28 +05'30'