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ELITE INVESTMENT ADVISORY SERVICES

DAILY EQUITY REPORT 06/10/2017

MARKET SUMMARY

FRESH SELLING IN THE LAST HOUR OF TRADE DRAGGED FRONTLINE INDICES LOWER AND LED
TO THE MARKET ENDING ON A SUBDUED NOTE. NIFTY SNAPPED THE FOUR-DAY GAINING
STREAK TO CLOSE BELOW 9900-MARK.THROUGH THE DAY, THE STREET TRADED IN A
NARROW RANGE ON THE FLATTISH SIDE, APART FROM SOME POSITIVE MOVEMENTS IN THE
EARLY PART OF THE DAY. HOWEVER, THE MARKET SOON GAVE UP ITS GAINS AND
CONTINUED TO SEE SIDEWAYS DAY OF TRADE.THE SENSEX WAS DOWN 79.68 POINTS AT
31592.03, WHILE THE NIFTY WAS DOWN 26.20 POINTS AT 9888.70.

MARKET UPDATE

MARKET CLOSING CHANGE % CHANGE


SENSEX 31592.03 -79.68 -0.25%
NIFTY-50 9888.70 -26.20 -0.26%

DAILY STOCK RECOMMENDATIONS

CALL: BUY GDL ABOVE 244 TARGETS 246.50, 249, 251.50 STOPLOSS 239
:
CALL: BUY DLF ABOVE 172 TARGETS 174, 176, 178 STOPLOSS 168

CALL: BUY TATAGLOBAL ABOVE 210.60 TARGETS 212.60 , 214.60 , 216.60 STOPLOSS 206.60

NIFTY TOP 3 GAINERS/ LOSERS

COMPANY CMP PREV. % CHG COMPANY CMP PREV. % CHG


NAME CLOSE NAME CLOSE
AMBUJACEM 274.75 269.55 1.93 TECHM 450.00 465.05 -3.24
NTPC 170.40 168.05 1.40 INFRATEL 404.55 416.50 -2.87

YESBANK 359.95 355.80 1.17 POWERGRI 205.00 209.05 -1.94


D

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SECTORIAL INDICES

1.5

1
% CHANGE

0.5

-0.5

-1
INDEX

FII/DII ACTIVITY (04/10/17)

INSTITUTIONS BUY VALUE SELL VALUE NET VALUE


FIIs 3963.75 4595.89 -632.14
DIIS 2814.19 2229.31 584.88

CURRENCY UPDATE

CURRENCY CLOSING CHANGE % CHANGE


USD INR 65.31 0.12 0.18
EUR INR 76.76 -0.06 -0.08
GBP INR 86.05 -0.60 -0.69
JPY INR 58.14 0.09 0.16
CURRENCY UPDATE
KEY UPCOMING EVENTS

EVENT DESCRIPTION REGION FORECAST PREVIOUS


UNEMPLOYMENT RATE USD 4.4% 4.4%
MANUFACTURING PROD. GBP - 0.5%
M/M
PPI M/M USD - 0.2%

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SCRIPT R3 R2 R1 PIVOT S1 S2 S3

NIFTY-50 9995 9970 9930 9905 9865 9840 9800

NIFTY-50 TRADING STRATEGY:

NIFTY-50 CLOSED AT NEGETIVE


SIDE AND TAKE A SUPPORT FROM
THE LEVEL OF 9880, IF NIFTY-50
WILL CROSS THE LEVEL OF 9950, IN
THE NEXT TRADING SESSION. WE
RECOMMENDED BUYING FROM THE
LEVEL OF 9950.

SCRIPT R3 R2 R1 PIVOT S1 S2 S3

NIFTY 24310 24250 24150 24095 23995 23940 23845


BANK

NIFTY-BANK TRADING STRATEGY:

IN THE TODAYS TRADING SESSION,


NIFTY-BANK HAS TAKEN THE SUPPORT
FROM THE LEVEL OF 24033 AND CLOSED
AT 24058, IF NIFTYBANK WILL BE TRADE
ABOVE 24250. IN THE NEXT TRADING
DAY, THEN WE RECOMMENDED BUYING
ABOVE THE LEVEL OF 24250.

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