Equity Research Report 03 July 2018 Ways2Capital

HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PRIVATE LIMITED
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CURRENCY MARKET UPDATE
CURRENCY PAIR
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
MAJOR INDICES
INDEX
CLOSING
AS ON 29th Jun 18
WEEKLY CHANGES
WEEKLY
% CHANGE
COMMODITY MARKET UPDATE
COMMODITY
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
Market Wrap–Up
Nifty 10714.30 -107.55 -0.99%
Nifty 100 10993.45 -126.20 -1.13%
Nifty 200 5713.20 -73.35 -1.27%
Nifty 500 9162.45 -134.20 -1.44%
Nifty VIX 12.94 0.92 -1.50%
Nifty Bank 26364.2 -402.65 -3.42%
Nifty Auto 10709.05 -379.45 -0.47%
Nifty Finance 11007.05 -206.80 -1.84%
Nifty FMCG 28966.00 335.25 1.14%
Nifty IT 13989.5 212.45 1.54%
Nifty Media 3025.70 -121.95 -3.87%
Nifty Metal 3440.15 8.60 0.25%
Nifty Pharma 9173.15 -187.75 -2.01%
Nifty PSU Banks 2791.5 -56.80 -5.32%
Nifty PVT Bank 14961.75 -244.80 -1.61%
Nifty Realty 271.55 -10.70 -3.79%
USDINR 68.7250 67.7800 1.39%
GBPINR 90.4325 90.1400 0.32%
EURINR 80.2125 79.0000 1.53%
JPYINR 61.8300 61.6100 0.36%
EURUSD 1.1661 1.1658 0.03%
GBPUSD 1.3163 1.3284 -0.91%
Dollar Index 94.35 94.18 0.18%
Gold COMEX 1251.30 1267.40 -1.27%
Gold MCX 30432 30610 -0.58%
Crude Oil NYMEX 74.15 68.58 8.12%
Crude Oil MCX 5086 4672 8.86%
Brent Oil NYMEX 79.44 75.55 5.15%
Copper MCX 452.30 460.40 -1.76%
Natural Gas NYMEX 2.924 2.945 -0.71%

WEEKLY GAINERS
SCRIP
CLOSING
PRICE
WEEKLY
% CHANGE
52 WEEK
HIGH
WEEKLY LOSERS
SCRIP
CLOSING
PRICE
WEEKLY
% CHANGE
52 WEEK
LOW
Market at a Glance
INFRATEL 300.55 5.09% 481.90
UTRACEMCO 3818.60 4.88% 4594.30
INFY 1307.20 4.76% 1341.80
HINDALCO 230.50 3.83% 293.95
HCLTECH 926.25 3.35% 1106.60
HINDERO 259.20 -16.70% 256.55
TATA-
MOTORS
269.30 -12.56% 262.6
BPCL 373.30 -12.44% 359.6
ICICIBANK 275.40 -8.40% 255
IOC 156.00 -8.24% 150.15

ECONOMIC EVENTS CALENDER
TIME CURRENY EVENT FORECAST PREVIOUS
Economic Calendar
Monday, July 2, 2018
7:15 CNY Caixin Manufacturing PMI (Jun) 51.10 51.10
11:00 GBP Investing.com GBP/USD Index - 47.70%
14:00 GBP Manufacturing PMI (Jun) 54.10 54.30
Tuesday, July 3, 2018
14:00 GBP Construction PMI (Jun) 52.50 52.50
Wednesday, July 4, 2018
7:15 CNY Caixin Services PMI (Jun) 52.70 52.90
14:00 GBP Services PMI (Jun) 53.9 54
16:25 GBP BoE Saporta Speaks - -
Thursday, July 5, 2018
15:30 GBP BoE Gov Carney Speaks - -
Friday, July 6, 2018
13:00 GBP Halifax House Price Index (YoY) (Jun) 0.02 0.02
Saturday, July 7, 2018
1:00 GBP CFTC GBP speculative net positions - -21.6K

NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4
Continued .......
Weekly Pivots
ADANIPORTS 435.35 413.10 390.85 382.00 368.57 359.70 346.30 324.05 301.80
ASIANPAINT 1373.35 1337.65 1301.95 1283.20 1266.25 1247.50 1230.55 1194.85 1159.15
AXISBANK 584.80 560.20 535.60 523.20 510.97 498.55 486.35 461.75 437.15
BAJAJ-AUTO 3188.40 3054.00 2919.60 2864.95 2785.17 2730.50 2650.75 2516.35 2381.95
BAJAJFINSV 7558.90 7025.35 6491.80 6156.45 5958.25 5622.90 5424.70 4891.15 4357.60
BAJFINANCE 2819.15 2653.80 2488.45 2392.40 2323.10 2227.05 2157.75 1992.40 1827.05
BHARTIARTL 422.20 407.45 392.70 387.35 377.93 372.55 363.15 348.40 333.65
BPCL 576.20 513.05 449.90 411.60 386.72 348.40 323.55 260.40 197.25
CIPLA 699.40 669.85 640.30 628.50 610.73 598.90 581.15 551.60 522.05
COALINDIA 302.40 289.60 276.80 270.60 263.98 257.75 251.15 238.35 225.55
DRREDDY 2573.05 2469.25 2365.45 2300.25 2261.62 2196.40 2157.80 2054.00 1950.20
EICHERMOT 34597.05 32627.30 30657.55 29624.00 28687.80 27654.25 26718.05 24748.30 22778.55
GAIL 434.65 401.40 368.15 354.20 334.87 320.90 301.60 268.35 235.10
GRASIM 1164.10 1113.40 1062.70 1034.80 1011.98 984.05 961.25 910.55 859.85
HCLTECH 997.95 972.00 946.05 936.15 920.07 910.15 894.10 868.15 842.20
HDFC 2114.70 2044.20 1973.70 1940.90 1903.20 1870.40 1832.70 1762.20 1691.70

Continued .......
Weekly Pivots
HDFCBANK 2308.05 2241.10 2174.15 2141.30 2107.17 2074.30 2040.20 1973.25 1906.30
HEROMOTOCO 4107.40 3913.80 3720.20 3596.85 3526.60 3403.25 3333.00 3139.40 2945.80
HINDALCO 273.80 257.95 242.10 236.30 226.22 220.40 210.35 194.50 178.65
HINDPETRO 444.80 388.60 332.40 295.80 276.17 239.55 219.95 163.75 107.55
HINDUNILVR 1813.25 1752.60 1691.95 1666.55 1631.27 1605.85 1570.60 1509.95 1449.30
IBULHSGFIN 1412.85 1326.85 1240.85 1191.70 1154.83 1105.65 1068.80 982.80 896.80
ICICIBANK 374.55 343.65 312.75 294.10 281.83 263.15 250.90 220.00 189.10
INDUSINDBK 2148.60 2083.15 2017.70 1974.95 1952.25 1909.50 1886.80 1821.35 1755.90
INFRATEL 373.75 348.15 322.55 311.55 296.95 285.95 271.35 245.75 220.15
INFY 1475.10 1414.10 1353.10 1330.15 1292.07 1269.10 1231.05 1170.05 1109.05
IOC 220.20 199.75 179.30 167.65 158.82 147.15 138.35 117.90 97.45
ITC 289.90 281.35 272.80 269.50 264.25 260.95 255.70 247.15 238.60
KOTAKBANK 1482.05 1434.15 1386.25 1364.60 1338.35 1316.70 1290.45 1242.55 1194.65
LT 1554.90 1457.15 1359.40 1317.25 1261.62 1219.45 1163.85 1066.10 968.35
LUPIN 1033.00 989.00 945.00 924.40 901.00 880.40 857.00 813.00 769.00
M&M 996.80 964.65 932.50 915.10 900.32 882.90 868.15 836.00 803.85

Weekly Pivots
MARUTI 9688.40 9411.45 9134.50 8980.05 8857.55 8703.10 8580.60 8303.65 8026.70
NTPC 190.90 179.50 168.10 163.90 156.68 152.45 145.25 133.85 122.45
ONGC 183.70 174.80 165.90 162.15 156.97 153.20 148.05 139.15 130.25
POWERGRID 234.90 219.75 204.60 195.75 189.43 180.55 174.25 159.10 143.95
RELIANCE 1205.05 1128.85 1052.65 1012.55 976.42 936.30 900.20 824.00 747.80
SBIN 315.10 297.65 280.20 269.80 262.73 252.30 245.25 227.80 210.35
SUNPHARMA 667.60 635.75 603.90 583.95 572.05 552.10 540.20 508.35 476.50
TATAMOTORS 412.50 368.05 323.60 296.45 279.15 252.00 234.70 190.25 145.80
TATASTEEL 653.25 621.70 590.15 578.95 558.60 547.40 527.05 495.50 463.95
TCS 2083.75 2004.60 1925.45 1886.60 1846.30 1807.45 1767.15 1688.00 1608.85
TECHM 933.25 845.65 758.05 706.75 670.45 619.15 582.85 495.25 407.65
TITAN 1041.05 981.80 922.55 900.55 863.28 841.25 804.00 744.75 685.50
ULTRACEMCO 4468.45 4236.10 4003.75 3911.20 3771.38 3678.80 3539.00 3306.65 3074.30
UPL 757.30 712.85 668.40 643.60 623.95 599.15 579.50 535.05 490.55
VEDL 275.60 261.65 247.70 241.95 233.75 228.00 219.80 205.85 191.90
WIPRO 284.30 276.00 267.70 264.60 259.40 256.30 251.10 242.80 234.50
YESBANK 379.60 365.15 350.70 345.20 336.23 330.70 321.75 307.30 292.85
ZEEL 656.25 620.60 584.95 564.45 549.30 528.80 513.65 478.00 442.35

NIFTY OPTIONS OPEN INTEREST ANALYSISLONG BUILD-UP
SCRIP
CHANGE IN
OI (In %)
PRICE CHANGE
(In %)
SHORT COVERING
SCRIP
CHANGE IN
OI (In %)
PRICE CHANGE
(In %)
SHORT BUILD-UP
SCRIP
CHANGE IN
OI (In %)
PRICE CHANGE
(In %)
LONG UNWINDING
SCRIP
CHANGE IN
OI (In %)
PRICE CHANGE
(In %)
Analysis : As per the analysis of above
chart.
Major Resistance Level: 11000
Major Support Levels: 10600
Open Interest & price Analysis
ACC -38.84% 2.25%
KOTAKBANK -31.47% 1.10%
HDFCBANK -25.16% 1.14%
PAGEIND -23.97% 3.17%
INFRATEL -0.2352 0.0377
MRPL -47.63% -5.02%
TORNTPOWER -35.09% -5.46%
INDIANB -34.73% -1.99%
KPIT -33.42% -2.24%
AJANTPHARM -0.3267 -0.0545
- - -
- - -
- - -
- - -
- - -
SRTRANSFIN 18.98% -13.38%
KAJARIACER 18.58% -5.74%
- - -
- - -
- - -

NIFTY WEEKLY PIVOTS
PARTICULAR LEVEL
Fundamental Outlook
Equity benchmarks ended June on a subdued note as the Nifty snapped its five week winning spree and settled the
week at 10714, down 108 points or 1% Despite weak global and domestic cues, the Nifty has managed to hold the
key support area of 10550 on three occasions during June 2018, highlighting significance of 10550. On the sartorial
front, we expect FMCG, IT stocks to outperform. Auto stocks will be in focus ahead of monthly sales number. At the
same time, bargain buy opportunity would be seen in infra and metals
On the Economic front USD/INR remain of the major factor for Indian equity market's bearishness as US Dollar gave
closing near to its 52 week high on weekly basis. Crude oil price also remained bullish for whole week. Nifty P/E ra-
tio was in the range of 26.48 to 25.90 for the past week.
Technical Outlook
Nifty future started the last week on negative note and continued its bearish run till last session of the week where
Index showed a good recovery curtsy to fresh long positions in F&O segment after expiry . it gave closing on nega-
tive note on weekly basis with loss of 0.99%. index gave breakout of its major down- trend, trend line on daily chart
and gave closing below its major support levels of 10750. a close below 10,550 levels on the other side major resis-
tance is paced at 10830 levels.
Continued …....
Nifty Analysis
R4 11479.40
R3 11216.45
R2 10953.50
R1 10824.15
PP 10690.55
S1 10561.20
S2 10427.60
S3 10164.65
S4 9901.70

Hence, in the next weekly trading sessions bears shall pick up momentum once they manage to push the prices
below 10,590 levels and selling shall get accelerated further on on a close below 10,550 levels on the other side
major resistance is paced at 10830 levels. On the options front, maximum Put OI is placed at 10,600 followed by
10,500 strikes while maximum Call OI is placed at 11,000 followed by 10,800 strikes
.
Continued …....
TECHNICAL INDICATOR
ANALYSIS
INDICATOR
CURRENT
TREND
WEEKLY STRATEGY
PARTICULAR DETAILS
For this week, traders can adopt sell on higher level strategy in it and below the level of 10590. It can test the
level of Rs. 10440 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 10701
Nifty Analysis
20 Days EMA NEGATIVE
RSI NEGATIVE
MACD NEGATIVE
STOCHASTIC NEGATIVE
Action SELL
Entry Price BELOW 10590
Target 10440
Stop Loss 10701

Nifty Bank fut started the last week on positive note on Monday but could not continue its positive run through-
out the week as it observed selling pressure from higher levels and gave closing on negative note on weekly ba-
sis. It has gave breakout of its major trend line which was earlier acting as support for the index. if it manages to
trade below the levels of 26100 than further downside can be seen in it. Major resistance is placed at 26440 &
26700 levels while support is placed at 26065 & 25700 levels.
WEEKLY STRATEGY
PARTICULAR DETAILS
For this week, traders can adopt sell on higher level strategy in it and below the level of 26065. It can test the
level of Rs. 25700 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 26265.
WEEKLY PIVOTS
PARTICULAR LEVEL
Bank Nifty Analysis
Action SELL
Entry Price BELOW 26830
Target 27000/ 27100
Stop Loss 26695
R4 28480.10
R3 27793.20
R2 27106.30
R1 26728.00
PP 26419.40
S1 26041.10
S2 25732.50
S3 25045.60
S4 24358.70

Technical Outlook
Overall trend of the Stock is bullish for long term . For short term stock is in some consolidation phase. Last
week stock started on negative note and traded with sideways movement throughout the week. Stock is trad-
ing near its major resistance levels of 1650 on daily chart. If it manages to trade above the levels of 1645 than
further upside can be seen in it . Stock has showed a good positive move on intraday chart.
For this week, traders can adopt buy on lower level strategy in it and above the level of 1648 it can test the
level of Rs. 1699.50 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs.
HINDUNILVR CASH ( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
ACTION BUY
ENTRY PRICE Above 1648
TARGET 1699.50
STOP LOSS 1613.90
R4 1813.20
R3 1752.55
R2 1691.90
R1 1666.50
PP 1631.25
S1 1605.85
S2 1570.60
S3 1509.95
S4 1449.30

Technical Outlook
Asian paints is looking bullish on long term charts. In short term stock was in some consolidation phase. Last
week stock started on negative note but from lower levels good buying was seen in the stock. On daily chart
stock has gave breakout of its important resistance levels of 1285 and trading above this levels . On intraday
chart stock has gave breakout of its major trend line and it is looking very positive in upcoming trading ses-
sions.
level of Rs. 1325 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1259.80
ASIAN PAINTS ( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
ACTION BUY
TARGET 1325.00
STOP LOSS 1259.80
R4 1373.35
R3 1337.65
R2 1301.95
R1 1283.20
PP 1266.25
S1 1247.50
S2 1230.55
S3 1194.85
S4 1159.15

Technical Outlook
Overall trend of the Stock is bullish for long as well as short term phase. Last week stock started on positive
note and traded with positive movement throughout the week. Stock is trading near its 52 week high on daily
chart. If it manages to trade above the levels of 1244 than further upside can be seen in it . Stock has showed a
good positive move on intraday chart.
level of Rs. 1264 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1235.
GODREJCP FUTURES ( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
ACTION BUY
TARGET 1264.00
STOP LOSS 1235.00
R4 1450.90
R3 1370.20
R2 1289.50
R1 1258.30
PP 1208.8
S1 1177.60
S2 1128.10
S3 1047.40
S4 966.70

Technical Outlook
JUBLFOOD is looking bullish on long term charts. Last week stock started on positive but couldn't maintain the
same buying in whole week as stock showed some profit booking from higher levels. On daily chart stock is
about to give breakout of its 52 week high. On intraday chart stock has showed good positive movement. If it
manages to sustain above 1415 levels than further buying can be seen in it.
level of Rs. 1445 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1399.
JUBLFOOD FUTURES ( Call of the Week )
WEEKLY STRATEGY
PERTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
ACTION BUY
TARGET 1445.00
STOP LOSS 1399.00
R4 1607.55
R3 1535.85
R2 1464.15
R1 1428.60
PP 1392.45
S1 1356.90
S2 1320.75
S3 1249.05
S4 1177.35

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been filed against the company since the incorporation of the company by regulatory body.
Disclaimer

ग्राहकों को यह सलाह दी जाती है कक वे ररपोटा में दी गई जानकारी को केवल राय के रूप में देखें और ननवेश के नलए स्वयं िंै सला करें | ग्राहकों को वेबसाइट पर प्रकानशत सेवाओं के ननयमों और शतों को पढ़ने और समझने की भी सलाह दी जाती है | कं पनी के ननगमन के बाद ननयामक ननकाय द्वाराकंपनी के
नखलािं कोई मुकदमा (यानचका) दायर नहीं ककया गया है।
DISCLOSURE APPENDIX ( प्रकटीकरण पररनशष्ट ) :
The reports are prepared by analysts who are employed by High Brow Market Research Investment Advisor Pvt. Ltd. All the views expressed in this report herein accurately reflects personal views about the subject company or companies &
their securities and no part of compensation was, is or will be directly or indirectly related to the specific recommendations or views contained in this research report.
ररपोटा नवश्लेषकों द्वारा तैयार की गयी है जो द्वारा हाई ब्रो माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड द्वारा ननयुक्त हैं | इस ररपोटा में व्यक्त सभी नवचार कंपनी के बारे में व्यनक्तगत नवचारों को दशााता है और कंपननयों और उनकी प्रनतभूनतयां और क्षनतपूर्तत (मुआवजे) का कोई नहस्सा, या इस
शोध ररपोटा में नननहत नवशेष सुझावों या नवचारों से प्रत्यक्ष या अप्रत्यक्ष रूप से संबंनधत नहीं होगा।
DISCLOSURE IN TERMS OF CONFLICT OF INTEREST (नहतों के संघषा के मामले में प्रकटीकरण ):
(a) High Brow Market Research Pvt. Ltd. or his associate or his relative has no financial interest in the subject company and the nature of such financial interest;
(अ) हाई ब्रो माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी या उनके ककसी भी तत्काल ररश्तेदार की नवषय कंपनी में कोई नवत्तीय रुनच नहीं है और न ही इस तरह की नवत्तीय नहत की प्रकृनत है|
(a) High Brow Market Research Pvt. Ltd. or its associates or relatives, have no actual/beneficial ownership of one percent or more in the securities of the subject company,
( ब) हाई ब्रो माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी या उनके ककसी भी तत्काल ररश्तेदार की नवषय कंपनी की प्रनतभूनतयों में एक प्रनतशत या उससे अनधक के वास्तनवक / िंायदेमंद स्वानमत्व नहीं हैं |
(a) High Brow Market Research Pvt. Ltd. or its associate has no other material conflict of interest at the time of publication of the research report or at the time of public appearance;
( स) हाई ब्रो माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोनगयों को अनुसंधान ररपोटा के प्रकाशन के समय या सावाजननक रूप से उपनस्थत होने के समय कोई अन्य भौनतक संघषा नहीं है|
DISCLOSURE IN TERMS OF COMPENSATION ( क्षनतपूर्तत के संदभा में प्रकटीकरण):
High Brow Market Research Investment Advisor Pvt. Ltd. policy prohibits its analysts, professionals reporting to analysts from owning securities of any company in the analyst's area of coverage.
Analyst compensation: Analysts are salary based permanent employees of High Brow Market Research Pvt. Ltd.
हाई ब्रो माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड की पॉनलसी अपने नवश्लेषकों, पेशेवरों को नवश्लेषक के क्षेत्र में ककसी भी कंपनी की प्रनतभूनतयों के स्वामी से नवश्लेषकों को ररपोटा करने से रोकती है।
नवश्लेषक क्षनतपूर्तत : नवश्लेषक हाई ब्रो माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड के वेतन आधाररत स्थायी कमाचारी है |
DISCLOSURE IN TERMS OF PUBLIC APPEARANCE (सावाजननक प्रकटन के मामले में प्रकटीकरण ) :
(a) High Brow Market Research Pvt. Ltd. or its associates have not received any compensation from the subject company in the past twelve months;
(अ) हाई ब्रो माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगीयों ने नपिले 12 महीनों में नवषय कंपनी से कोई मुआवजा प्राप्त नहीं ककया है |
(b) The subject company is not now or never a client during twelve months preceding the date of distribution of the research report.
(ब) अनुसंधान ररपोटा के नवतरण की नतनथ से पूवा बारह महीनों के दौरान नवषय कंपनी अब या कभी भी ग्राहक नहीं रही है।
(c ) High Brow Market Research Pvt. Ltd. or its associates has never served as an officer, director or employee of the subject company;
(स) हाई ब्रो माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगीयों ने नवषय कंपनी के अनधकारी, ननदेशक या कमाचारी के रूप में कभी भी काम
Disclaimer

Equity Research Report 03 July 2018 Ways2Capital

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