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25.06.

2018

Market commentary
Nifty 50 benchmark index ended at day's low with Nifty slipped below 10,800 and
Sensex fell over 200 points as selling pressure seen in major banking, pharma and
metal names. The market breadth was on decline with 809 shares have advanced,
1721 shares declined, and 143 shares are unchanged. PNB Housing, KEC, Graphite,
HEG, Ultratech, TVS Motor, Bajaj Finance, Page Ind are today's top gainers which
gains around 2% - 14 %. Allahabad Bank, Idea, Tata Motor DVR, IFB Ind, Tata
Motors, Mothersumi, Greenply are top losers which loses by 2% - 9%.
As today the cement sector and pharma has performed well because
of the rainy season and tomorrow the nifty may go down as today it is
consolidating and not able to break the resistance level of 10849 and the market
will be volatile due to expiry.

Nifty Daily Chart

R2 R1 Pivot S1 S2
Nifty
10941 10889 10796 10744 10652

Stock to Watch for Tuesday


Radico
Daily Chart

Technical Analysis
The Radico Khaitan Ltd is recently frame consolidation chart pattern on daily
chart. This stock is in uptrend since October 2017 and has made a high of around
495 in the last may 2018. The stock is consolidating within the range of 380- 420
and has not able to break this level. Radico Khaitan buy around current level at
396 -398 and target 412-430 and short stop loss below 379.

The stochastic indicator oversold position shows diversion cross


over 32.16 & 34.24, as well and parabolic SAR indicator monthly shows support
at 380.

Market Highlights
 A year after the levy’s rollout, decision making on the goods and services
tax (GST) could get overshadowed by politics as the election season takes
over. Already, the frequency of meetings has come down from an average
of over two a month till May to one in a gap of two and a half months. In
fact, the meeting in early May was held through video conferencing. The
next one is now slated for July 19. Reaching a consensus might also get
tougher, as already seen with issues like inclusion of natural
gas in GST and imposition of a sugar cess, both central proposals being
resisted.

 Heavy rains clobbered large areas of Mumbai and other parts of


Maharashtra on Monday, claiming at least five lives and disrupting road
traffic and rail operations, officials said. Heavy rains also caused damage
to properties in some areas. About half the land area and parking lot of
Llyods Steel in Antop Hill area of Mumbai collapsed on Monday when a
deep pit of a nearby construction site caved in, damaging seven to eight
cars parked in the premises. The crater was dug by Mumbai based Dosti
Group to build a 50 storeyed tower.

 Asian shares got the week off to a cautious start on Monday amid
lingering concerns about escalating trade frictions while U.S. oil
prices maintained hefty gains made after major oil producers had agreed
on a modest increase in production.S&P500 mini futures fell as much as
0.5 percent in early trade while MSCI's broadest index of Asia-
Pacific shares outside Japan fell 0.2 percent. Japan's Nikkei lost 0.4
percent.

FII/FPI trading activity in Capital Market Segment(In Rs. Crores)

Category Date Buy Value Sell Value Net Value

FII/FPI 25-Jun-2018 4150.72 3952.04 198.68

DII trading activity in Capital Market Segment(In Rs. Crores)

Category Date Buy Value Sell Value Net Value

DII 25-Jun-2018 2867.35 2953.57 -86.22


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