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.

1. WEEKLYR E P O R T M A G A Z I N E
EQUITY & DERIVATIVE
18th July to 22nd July 2016
www.capitalvia.com
DERIVATIVE
EQUITY
STOCK MARKET
COMMODITY
Research Team
WEEKLY

2. The barometer index, the S&P BSE Sensex, fell 111.76 points or
0.4% at 27,830.35, as per the provisional closing data. The losses
for the Nifty 50 index were lower in percentage terms than those
for the Sensex. The Nifty fell 23.60 points or 0.28% at 8,541.40,
as per the provisional closing data. Index heavyweight and IT
major Infosys tumbled after the company reduced revenue
growth guidance in constant currency terms at the time of
announcing its Q1 June 2016 results during trading hours. The
Sensex failed to hold the psychologically important 28,000 mark
after moving past that mark in early trade. The Sensex dropped
206.24 points or 0.74% at the day's low of 27,735.87 in early
afternoon trade, its lowest level since 12 July 2016. The
barometer index rose 106.59 points or 0.38% at the day's high of
28,048.70 in early trade, its highest level since 17 August 2015.
The Nifty fell 54.95 points or 0.64% at the day's low of 8,510.05
in early afternoon trade. The index gained 29.80 points or 0.35%
at the day's high of 8,594.80 in early trade, its highest level since
10 August 2015. The market breadth indicating the overall health
of the market was weak. On BSE, 1,671 shares fell and 1,006
shares rose. A total of 199 shares were unchanged. The BSE Mid-
Cap index was provisionally up 0.09%, outperforming the
Sensex. The BSE Small-Cap index was provisionally off 0.74%.
The fall in this index was higher than the Sensex's decline in
percentage terms. The total turnover on BSE amounted to Rs
3904 crore, higher than turnover of Rs 3097.36 crore registered
during the previous trading session. Among PSU bank stocks,
Vijaya Bank (up 3.28%), Punjab National Bank (up 2.33%), Bank
of Baroda (up 0.37%) and Canara Bank (up 0.74%) rose. Dena
Bank (down 1.09%), State Bank of India (SBI) (down 0.19%),
Andhra Bank (down 0.96%), and Union Bank of India (down
0.39%), IDBI Bank (down 2.1%) and Bank of India (down 2.31%)
fell.
KEY HIGHLIGHTS
MICRO ECONOMIC FRONT
Gross non-performing loans of banks are nearing peak levels and
may be in range of 8-8.5 per cent by March-end, domestic rating
agency Icra said today. "Gross NPAs could be nearing peak levels.
We project banks' gross NPAs to be in the range of 8-8.5 per cent
by March 2017," .With funding of £10 million (GBP) through the
Newton Bhabha Fund, UK; Biotechnology and Biological
Research Council (BBSRC), UK; and the Department of
Biotechnology (DBT) of the Government of India, four new Virtual
Joint Centers in Agricultural Nitrogen will be created. These are
delivered in partnership with BBSRC, the Natural Environment
Research Council (NERC) and the DBT. The Centers comprise of
multiple research organisations in India and the UK, with each
center receiving a co-investment of approximately £2.5M.
Soya bean farmers and traders in Madhya Pradesh have expressed
joy at reports that monsoon rains over central India are set to
abate in the coming days. The state has seen excess rains over the
past few weeks, which had led to firming up of soya bean prices
by 3-4%. Traders say some sunshine will be good for the crop and
that it will help in pulling down the prices.
ASIAN MARKETS
US MARKET
CALLS
Asian shares extended gains to eight-month highs on Friday,
on track for a solid weekly rise, as better-than-expected
economic data from China lifted risk sentiment that was
already buoyant after record highs on Wall Street. China's
economy grew 6.7 percent in the second quarter from a year
earlier, steady from the first quarter and slightly better than
expected as the government stepped up efforts to stabilise
growth in the world's second-largest economy. Japan's
Nikkei share average rose to a five-week high on Friday and
was on track for a fifth day of gains, lifted by a continuing
record run on Wall Street and a sagging yen. The Hang Seng
index rose 0.5 percent, to 21,659.25, while the China
Enterprises Index gained 0.4 percent, to 9,049.66 points. The
Korea Composite Stock Price Index (KOSPI) ended the day up
0.4 percent at 2,017.26 points, its highest close since June
10.
U.S. stocks extended their run on Thursday, 14 July 2016 as
the Dow industrials and the S&P 500 notched new closing
highs. Stronger-than-expected results from large financial
institutions, including J.P. Morgan Chase, as well as upbeat
economic data, powered the climb, which has added to a
record run by stocks. The Dow industrials advanced 134.29
points, or 0.7%, to close at 18,506.41, after touching an
intraday high of 18,537.57. The blue-chip gauge has
registered its third straight record close. The Nasdaq
Composite Index advanced 28.33 points, or 0.6%, to finish at
5,034.06, for its highest close of 2016. For the year, the index
is up 0.5%. The S&P 500 rose 11.32 points, or 0.5%, to close
at 2,163.75, with the financial, materials, and tech sectors
leading the gains. The benchmark index reached an intraday
high of 2,168.99. The index closed at an all-time high for a
fourth-straight day.
Ÿ LONG BANK NIFTY FUT ABOVE 19000 WITH SL OF 18500
TGTS 19500, 19750, 20000.CAPITALVIA.COM
Ÿ LONG NIFTY FUT ABOVE 8550 WITH SL OF 8400 TGTS
8700, 8850, 9000.CAPITALVIA.COM
GLOBAL MARKET NEWS
c 2016 CapitalVia Global Research Limited1
Technical Picks | 18th July to 22nd July 2016

3. FII INVESTMENTS – WEEKLY (IN CRORES)
WEEKLY GAINERS
WEEKLY LOSERS
EQUITY WEEKLY DATA
c 2016 CapitalVia Global Research Limited2
NIFTY FUTURE
WEEK OPEN WEEK HIGH WEEK LOW WEEK CLOSE CHANGE % CHANGE
8432.75 8605 8295.05 8554.85 196.05 2.35%
Technical Picks | 18th July to 22nd July 2016
SECURITY NAME LAST CLOSE (RS.) CURRENT CLOSE (RS.) GAIN %
Godfrey Philips India Ltd. 917.35 1172 27.76
Castex Technologies Ltd. 9.55 11.65 21.99
Cox & Kings Ltd. 170 203.35 19.62
Cairn India Ltd. 145.35 172.95 18.99
Unitech Ltd. 6.85 8.1 18.25
SECURITY NAME PREVIOUS CLOSE CURRENT CLOSE (RS.) LOSS %
Solar Industries India Ltd. 3248.75 684.25 -78.94
Grindwell Norton Ltd. 734.25 353.65 -51.84
Bharat Petroleum Corporation Ltd. 1114.7 554.75 -50.23
Berger Paints (India) Ltd. 297.15 223.35 -24.84
Tree House Education & Accessories Ltd. 52.05 43.25 -16.91
DATE BUY VALUE SELL VALUE NET VALUE
13-Jul-16 5,081.45 4,757.79 323.66
12-Jul-16 4,192.19 3,827.05 365.14
11-Jul-16 4,883.46 3,810.24 1,073.22
8-Jul-16 4,288.11 3,652.91 635.20
7-Jul-16 4,341.37 4,775.41 -434.04

4. c 2016 CapitalVia Global Research Limited
GLOBAL MARKET ANALYST
3
WEEKLY SECTORIAL INDICES
WORLD INDICES
MUTUAL FUNDS INVESTMENTS – WEEKLY (IN CRORES)
Technical Picks | 18th July to 22nd July 2016
DATE BUY VALUE SELL VALUE NET VALUE
13-Jul-16 1,252.90 1,295.00 -42.10
12-Jul-16 1,344.00 1,134.50 209.50
11-Jul-16 1,045.10 1,259.50 -214.40
8-Jul-16 741.2 1,027.40 -286.20
7-Jul-16 916.3 873.4 42.90
INDICES OPEN HIGH LOW CLOSE
NIFTY BANK 18268.15 19016.1 18243.3 18953.65
NIFTY NEXT 50 21196.2 21694.1 21196.2 21579.4
NIFTY 500 7111.65 7245.05 7110.4 7194.4
NIFTY IT 10993.85 11219.05 10691.7 10716.45
NIFTY MIDCAP 100 14211.5 14432.9 14211.5 14282.2
NIFTY 100 8565.95 8752.85 8562.35 8700
INDEX PRESENT CLOSE CHANGE % CHANGE
SENSEX 27,836.50 709.60 2.62
Nifty 8541.4 218.20 2.62
NIKKEI 16,497.85 1,390.87 9.21
HANG SANG 21,659.25 1,095.08 5.33
CAC
(Data till 05:05p.m.)
4,369.21 213.51 5.14
FTSE
(Data till 05:05 p.m.)
6,641.27 108.33 1.66

5. c 2016 CapitalVia Global Research Limited
NIFTY VIEW
4
NIFTY FUTURES
A weak start to the earnings season weighed on the bourses. The barometer index, the S&P BSE Sensex, fell 111.76 points
or 0.4% at 27,830.35, as per the provisional closing data. The losses for the Nifty 50 index were lower in percentage
terms than those for the Sensex. The Nifty fell 23.60 points or 0.28% at 8,541.40, as per the provisional closing data.
Index heavyweight and IT major Infosys tumbled after the company reduced revenue growth guidance in constant
currency terms at the time of announcing its Q1 June 2016 results during trading hours. The Sensex failed to hold the
psychologically important 28,000 mark after moving past that mark in early trade.
The Sensex dropped 206.24 points or 0.74% at the day's low of 27,735.87 in early afternoon trade, its lowest level since
12 July 2016. The barometer index rose 106.59 points or 0.38% at the day's high of 28,048.70 in early trade, its highest
level since 17 August 2015. The Nifty fell 54.95 points or 0.64% at the day's low of 8,510.05 in early afternoon trade. The
index gained 29.80 points or 0.35% at the day's high of 8,594.80 in early trade, its highest level since 10 August 2015.
Nifty futures opened on a positive note and it consolidated throughout the whole trading session with negative upside
movement and closed below the same with small negative change and in upcoming session bulls are still on a strong side
and further upside movement can be expected if it holds the support of 8300.
RESISTANCE: It has first resistance level close to 8650, above this level the next resistance is seen near the level of 8750
mark.
SUPPORT: It has first support close to the level of 8300 below this level the next support is seen near 8000 mark.
Technical Picks | 18th July to 22nd July 2016

6. c 2016 CapitalVia Global Research Limited5
BANK FUTURES
The Bank Nifty gave closing at 18953 with a gain of 89 points. The gainers are Canara Bank & PNB Bank.
Bank Nifty Futures closed at 18986 with a gain of 76 points. Bank Nifty Futures opened on a flat note and today it
consolidated whole trading session with positive sideways movement and closed above the same with positive change
and in upcoming trading session it may continue follows its bullish trend till the 19000, if it holds the major support of
same.
RESISTANCE: It has first resistance close to the level of 19120 above this level the next resistance seen near to the level of
19350.
SUPPORT: It has first support close to the level of 18600 & below this level the next support seen near 18450.
NIFTY VIEW
Technical Picks | 18th July to 22nd July 2016

7. c 2016 CapitalVia Global Research Limited
STOCK OF THE WEEK
6
MOTILALOSF : Buy
SHARESRESISTANCE 390 SUPPORT 375 333
F&O RECOMMENDATIONS
The stock for this week is MOTILALOSF. Overall trend of the
stock is bullish. After giving the breakout of the major
resistance mark, it is consolidating with the positive
biasness below resistance level of 390.Further it is trading
above its 50 and 200 DMA. Thus it may contineous bullish
trend with crossing of mentioned level. One can get the
target of 405,415 with the sl of 375.
Options- BUY INFRATEL 360 JULY CALL OPTION
ABOVE 7.50 WITH SL OF 4 & TGT OF 11 (LOT SIZE-
1400)
Futures – BUY APOLLOTYRE JULY FUT ABOVE 158.20
WITH SL 155 OF & TGT OF 161.4 (LOT SIZE-3000)
TECHNICAL OVERVIEW
Technical Picks | 18th July to 22nd July 2016

8. c 2016 CapitalVia Global Research Limited
NIFTY SNAP
7
Nifty index closed at 8541.40 with the gain of 218.2 points or 2.62% up. The Nifty July future finally settles with
gain of 218.4 points or 2.62% up at 8554.85 and increased by 4254300 shares in the open Interest. The Nifty
future came to the premium of 13.45 from 13.25 premium earlier, whereas cost of carry is 15.68 from 22.41 earlier
down by 30.02%. Nifty future has closed at 8554.85 and now next logical resistance is at 8700 and 8850, and
good support near 8350 and 8100 levels.
TECHNICAL OVERVIEW
SENTIMENT INDICATOR
NIFTY
Technical Picks | 18th July to 22nd July 2016
Particulars 15 Jul 16 8 Jul 16 % Change
Nifty Spot 8541.40 8323.20 2.62
Nifty Fut.(July) 8554.85 8336.45 2.62
Nifty CoC (%) 15.68 22.41 -30.02
Open Interest 22519425 18265125 23.29
Volume 147492 131519 12.15

9. c 2016 CapitalVia Global Research Limited
BANK NIFTY SNAP
8
Bank Nifty index closed at 18953.65 with the gain of 937.4 points or 5.20% up. The Bank Nifty July future finally
settles with gain of 914.85 points 5.07% up at 18974.35 and increased by 507960 shares in the open interest. The
Bank Nifty future came to the premium of 20.7 from 43.25 premium earlier, whereas cost of carry is 22.60 vs. 14.87
up by 52%. Bank Nifty futures has closed at 18974.35 now next logical resistance is at 19250 and 19500 levels, and
good support near 18650 and 18450 levels.
TECHNICAL OVERVIEW
SENTIMENT INDICATOR
BANK NIFTY
Technical Picks | 18th July to 22nd July 2016
Particulars 15 Jul 16 8 Jul 16 % Change
Bank Nifty Spot 18953.65 18016.25 5.20
Bank Nifty Fut. (July) 18974.35 18059.5 5.07
Bank Nifty CoC (%) 22.60 14.87 52.00
Open Interest 2395160 1887200 26.92
Volume 71465 61079 17.00

10. c 2016 CapitalVia Global Research Limited
CNX IT SNAP
9
The CNX IT Index closed at 10716.45 with the loss of 230.25 points or 2.10% down. The CNX IT July future finally
settles with loss of 265 points 2.42% down at 10693 and increased by 11200 shares in the open interest. The CNX
IT future came to a discount of 23.45 from premium 11.3 earlier, whereas cost of carry is -11.24 vs. 35.54 down by
131.64%. The CNX IT future has closed at 10716.45 and now next logical resistance is at 11050 and 11250 level,
and good support near 10600 and 10450 levels.
TECHNICAL OVERVIEW
SENTIMENT INDICATOR
CNX IT
Technical Picks | 18th July to 22nd July 2016
Particulars 15 Jul 16 8 Jul 16 % Change
CNX IT Spot 10716.45 10946.70 -2.10
CNX IT Fut. (July) 10693 10958 -2.42
CNX IT CoC (%) -11.24 35.54 -131.64
Open Interest 33200 22000 50.91
Volume 744 140 431.43

11. c 2016 CapitalVia Global Research Limited
OPTION SNAP
10
On the call options front addition of open interest was witnessed in last trading session at strike price of 8700 &
8800.
On the put options front we have seen addition of open interest in last trading session at strike price of 8300 &
8200.
OI Chart Analysis: From the OI Chart we can see the strike price that witnessed highest addition of open interest
in the July Series. In coming sessions market may trade in a range of 8200 & 8800. On the call option front strike
price with the highest open interest i.e. 8700 & 8800 may act as good resistance on the up side whereas on the put
option front strike price with the highest open interest i.e. 8300 & 8200 may act as a support on the downside.
SUMMARY
Technical Picks | 18th July to 22nd July 2016
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12. c 2016 CapitalVia Global Research Limited
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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.
Investment in Stocks has its own risks. Sincere efforts have been made to present the right investment perspective. The
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for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise
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together with all estimates and forecasts, can change without notice.
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Technical Picks | 18th July to 22nd July 2016