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11, DEC,2017
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DAILY EQUITY REPORT
11, DEC,2017
INDIAN INDICES
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DAILY EQUITY REPORT
11, DEC,2017
NIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
10354 10323 10267 10236 10180
In todays trade, markets continue its upward momentum and closed around its intraday highs for
the second day in a row. Nifty50 ended at 10,265.65 up 98.95 points and Sensex closed 301.09
points up at 32,250.30. Nifty and Bank Nifty index gained ~1% each, while Nifty futures added
fresh open interest to the tune of ~14.6 lakh shares, indicating a formation of long positions.
Tracking the options front, across the board, unwinding of short positions was witnessed in Nifty
call options strikes with 10100CE shedding the most, ~5.8 lakh shares in open interest. Nifty at
the money and out the money put options added a fresh short position, with 10200PE adding the
most.
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DAILY EQUITY REPORT
11, DEC,2017
BANK NIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
25486 25425 25329 25268 25171
Nifty bank close at 25,321.15 up 263.90 points. PSU Bank index closing 31.45 points down. Bank
Nifty futures witnessed short covering by shedding ~1.34 lakh shares in open interest. PSU Bank
stocks retreated from Thursdays high levels
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DAILY EQUITY REPORT
11, DEC,2017
DLF
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
244 242 240 238 237
TECHNICAL VIEW:
DAILY RECOMMENDATION:
SELL ITC BELOW 251 FOR THE TARGET OF 249.50-248 KINDLY KEEP SL OF 254
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DAILY EQUITY REPORT
11, DEC,2017
AXIS BANK
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
550 547 543 540 536
TECHNICAL VIEW:
DAILY RECOMMENDATION:
SELL SBIN BELOW 310.15 FOR THE TARGET OF 309.15-308.15 KINDLY KEEP SL OF 312.15
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DAILY EQUITY REPORT
11, DEC,2017
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DAILY EQUITY REPORT
11, DEC,2017
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