WEALTH CREATOR

Suresh Rathi
Wealth Creator thru Systematic Investment Daily Research Reports
Disclosures and Disclaimer : This report must be read with the disclosures in the Disclosure appendix,
and with the Disclaimer, which forms part of it. This document does not contain any investment views or opinions.
 Thursday
Suresh Rathi Market Forecast 16th February, 2017
Wealth Creator thru Systematic Investment

A Very Good Morning to Early Readers,

INDICES
Dalal Street stocks set to kick off this Thursday morning on shaky ground as Nifty 8725 -0.77%
optimism over overnight Wall Street-fueled rally likely to fizzle out sooner than
later. Bank Nifty 20164 -0.47%

Honestly speaking, bears may test the strength of yesterday’s weakness. But Nifty Auto Index 9523 -3.03%
please note that, confirmation of more weakness ONLY if Nifty slips below 8701 Nifty FMCG Index 22674 0.35%
mark.
Nifty Infra Index 3002 -1.24%
The key negative catalysts surrounding Dalal Street are:
Nifty IT Index 10428 -0.44%
1. Hurting sentiments would be Janet Yellen’s statement, ‘Waiting too long
Nifty Media Index 2993 -0.01%
to remove accommodation would be unwise’. Federal Reserve
Chairwoman Janet Yellen signaled to a Senate Banking Committee that Nifty Midcap Index 4007 -1.77%
the central bank could raise interest rates sooner than later, albeit Nifty Metal Index 3011 -1.45%
gradually
Nifty Pharma Index 10138 -1.79%
So, all eyes and ears from here on the incoming data from the U.S, to see
if the labor market continues to strengthen and inflation is moving up to Nifty Reality Index 185 -3.92%
the central bank’s 2% target. Nifty Smallcap Index 6415 -1.81%
2. Disappointing quarterly earnings by Tata Motors and Sun Pharma spoiling Sensex 28156 -0.65%
sentiment.
SGX Nifty 8762 0.09%
3. Strong U.S Dollar.

4. Overbought technical conditions.

Outlook for the Day
5. Concerns raised over FIIs inflow. Neutral
What Technical Tells Us on Nifty: In Wednesday’s trade, the benchmark Nifty
broke its recent range on downside with Nifty closing just above its crucial
support at 8701.

Technically, overbought technical conditions prevail on daily charts of Nifty, and

Nifty Outlook
hence caution is warranted. The biggest support level to watch for the day Intraday Neutral (8690-8775)
is at 8701. The recent strong uptrend may come to halt if Nifty slips below the
Medium Term Neutral (8100-9000)
8701 mark.
Long Term Positive (9100+)
Alternatively, if Nifty holds 8701, then expect Nifty to move above its key hurdle at
8825. Above 8825, Nifty will aim 8950 mark.

Preferred trade on Nifty for the day: Chart watchers are bit cautious for the
day: Nifty (8725): Sell between 8751-8761 zone, targeting 8701 and then Key Levels to Watch
aggressive targets at 8645-8655 zone with stop above 8829.
Nifty Support 8685 & 8639

Nifty Resistance 8800 & 8851

Outlook for Thursday: More weakness if Nifty slips below
8725.
Pivot Level
SGX Nifty is seen inching up in green, but we suspect as the day progresses, Dalal Nifty 8851
Street is likely to switch between small gains and losses.

Wealth Creator thru Systematic Investment

 Suresh Rathi
Wealth Creator thru Systematic Investment
Now, before we get into detail, let’s check out news and analysis which we need
to know before Dalal Street opens for trade this Thursday morning.
1. Wall Street on Wednesday push higher on Wednesday, with major
indexes hitting the latest in a string of intraday trading records after
President Donald Trump said that a “massive” tax plan would be coming
in the “not-too-distant future. Dow now comfortably above 20,000 mark.
2. European stocks booked a seventh straight advance on Wednesday, with
banks leading the gains.
3. Optimism is stemming in stock markets across globe on relief that Trump
has taken a softer stance toward China and Japan, key trading partners.
4. At Dalal Street, foreign investors have net purchased shares worth net
$326.06 million so far this month and $319.67 million this year. They had
net bought stocks worth $2.90 billion in 2016, down from a net $3.27
billion invested in 2015.
5. The street is still optimistic with the fact that RBI was bullish about
quick revival in the economy.
Bullish stocks: POWERGRID, GAIL, Petronet LNG.
Bearish stocks: TATA STEEL, TATA ELXSI, RELIANCE CAPITAL, MRF, CEAT,
CENTURY TEXTILE.
Daily Chart of Nifty:
Final Thoughts: Bears may come to life if Nifty slips below the crucial 8701
mark.
Also, for the day, it is perfectly fine to be pessimistic, as long as Nifty is seen
trading below its key hurdle at 8789.
Wealth Creator thru Systematic Investment
Market Forecast
Technical Strategy
JM FINANCIAL 77
Action BUY
Target 91
JM Financial: 78.15: Amongst financial
services stocks, JM Financial appears to be
firmly in the grip of the bulls’ camp and is likely
to significantly outperform in the medium/long
term. Technically, the stock is showing nice
relative strength. The stock is likely to exhibit
strong outperformance going forward as we
see its RSC index gaining momentum from a
positive divergence pattern on monthly charts.
Brace yourselves for a ‘major breakout play’ on
the short term charts on backdrop of higher
consolidation zone on daily charts. Also, the
recent sequence of a higher high/low on the
daily charts is intact. The stock after some
backing and filling moments in previous 7-days
has now signaled a major rebound above its
major hurdles placed at 91 (All-time-high April
2006). Add to that a bullish divergence and a
rising stochastic signal with recent increase in
volumes signaling a larger rebound. Also,
momentum oscillators clearly in buy mode,
indicating a breakout from a ‘flag pattern’ on
daily charts.
A potential entrance exists at CMP, and
between 65-67 zone, targeting 91 and then at
psychological 100 mark. Place stop below 61.
Holding Period: 3 Months.
Supports – 71 & 62.50.
Resistance – 91 & 101.
 Suresh Rathi
Wealth Creator thru Systematic Investment
TOP PICKS (F & O)
It's like having investment binoculars !

Pharma Stocks in red territory. Sell Cipla with an objective of 548 in near term.

STOCKS LTP S1 S2 R1 R2 BIAS TRADING STRATEGY

The recent sequence of lower highs/lows signals more

downside for Cipla. Momentum oscillators in sell mode as well.
CIPLA 574.25 561 548 582 595 Negative Interweek strategy: Establish short positions at CMP, targeting
561-567 zone and then aggressive targets at 548 with stop at
583.

Long unwinding was the theme in yesterday's trade for REC.

Key hurdle now at 144. Interweek strategy: Establish short
REC LTD. 140.15 136 131 144 149 Negative positions between 141.50-142.50 zone, targeting 136-137.50
mark and then aggressive targets at 132.50 with stop at
146.50.

Overbought conditions seen on daily charts for Tata Chemicals.

Key hurdle now at 560. Interweek strategy: Establish short
TATA CHEMICALS 551.3 544 528 560 575 Negative positions between 555-557.50 zone, targeting 544 and then
aggressive targets at 528 with stop at 561.

A complex H&S pattern formation seen on daily charts.

Momentum oscillators signalling negative divergence as well.
Interweek strategy: Establish short positions at CMP, targeting
TATA STEEL 460.1 450 437 468 483 Negative 451-453 mark and then aggressive targets at 437 with stop at
468.

Ultratech Cement ended on a negative note, down -0.73%.

Overbought conditions also continue to prevail. Interweek
ULTRATECH CEMENT 3678.15 3621 3575 3736 3815 Negative strategy: Establish short positions between 3695-3701 zone,
targeting 3621-3630 zone and then aggressive targets at
3575-3600 mark with stop at 3741.

Wealth Creator thru Systematic Investment

 Thursday
Suresh Rathi EQUITY DERIVATIVES 16th February, 2017
Wealth Creator thru Systematic Investment Looking into the future from present.

Derivatives Strategies
Changes in Open Interest
(OI) in yesterday’s trade.
Future Call: Sell India Cements February Futures for 2 days at
CMP 153.30. Target: 149-151.75 and then at 144. Stop: 156. Nifty Spot 8724.70 (-0.77%)
Bank Nifty Future 20163.70 (-0.47%)

Option Call: Sell Reliance Capital February CE strike price 480 at VIX 14.21 (+2.97%)
CMP 6.50. Maximum profit per lot: Rs. 9,750/-. Loss: Unlimited. Premium +25 vs +14
Stop Loss: Exit Call Option if Reliance closes above 485.
Nifty Future OI 2.60 crores (+10.17%)

Market Summary: Bank Nifty Future OI 28.98 lakhs (+0.66%)

On Wednesday, the benchmark Nifty witnessed unwinding of long

positions, closing 0.77% down at 8724.70. Auto & Realty Stocks Major Changes in Nifty
continued to be key culprits for this downfall. September Options (OI):

Call writing was evident in 8750 CE as it witnessed 99% rise in its Calls in lakhs (% Change)
open interest. 8700 29.85 (+14%)
8750 6.68 (+99%)
FIIs & DIIs figure was a surprise though, as it was a net buy where
FIIs bought +225.84 crores and DIIs bought +248.98 crores. 8800 61.13 (+19%)
8900 45.86 (+12%)
Change in Stock Open Interest (OI) in previous day’s 9000 79.52 (+13%)
trade.

Long Buildup: ITC, HDFC BANK, TCS, IGL

Short Buildup: TATA MOTORS, HDIL, PNB, SAIL, SUN PHARMA

Short Covering: ZEEL, COLPAL Puts in lakhs (% Change)

8600 41.56 (-6%)
Long Unwinding: ICICI BANK, JAIN IRRIGATION, CAIRN, 8700 45.8 (-11%)
ORIENTAL BANK, VOLTAS
8750 7.27 (-13%)
8800 38.69 (-20%)
Stocks banned in F&O segment for today: IBREALEST, IFCI, 8900 7.37 (-20%)
JET AIRWAYS, JINDAL STEEL, RCOM, TV18BRDCST, UNION
BANK.

Highest OI Nifty: Calls 9000 : 79.52 L - Puts 8500:60.08 L

Highest OI Bank Nifty: Calls 20500 : 7.89 L - Puts 19500: 6.57 L

Wealth Creator thru Systematic Investment

 Suresh Rathi
Wealth Creator thru Systematic Investment DAILY PIVOT TABLE Thursday
16th February, 2017

Instrument Close S1 S2 R1 R2 200 Day SMA Reversal Point Trend

NIFTY 8724.7 8689.07 8653.43 8784.12 8843.53 8748.48 8391.16 UP
BANKNIFTY 20163.7 20063.63 19963.57 20315.98 20468.27 20215.92 18675.44 UP
NIFTYIT 10427.65 10314.23 10200.82 10545.78 10663.92 10432.37 10537.65 DOWN
NIFTYMID50 4007.1 3975.48 3943.87 4063.53 4119.97 4031.92 3714.85 UP

ABIRLANUVO 1453.25 1439.27 1425.28 1472.32 1491.38 1458.33 1239.18 UP

ACC 1442.9 1426.3 1409.7 1468.3 1493.7 1451.7 1501.77 DOWN
ADANIENT 92.25 90.08 87.92 95.58 98.92 93.42 75 UP
ADANIPORTS 299.95 293.47 286.98 309.97 319.98 303.48 253.43 UP
ADANIPOWER 34.65 33.92 33.18 35.72 36.78 34.98 29.42 UP
AJANTPHARM 1754.5 1737.57 1720.63 1780.22 1805.93 1763.28 1770.92 DOWN
ALBK 70.3 68.93 67.57 72.33 74.37 70.97 69.34 UP
AMARAJABAT 848.5 839.07 829.63 861.42 874.33 851.98 925.52 DOWN
AMBUJACEM 235.05 232.28 229.52 238.33 241.62 235.57 235.8 DOWN
ANDHRABANK 53.55 52.77 51.98 54.77 55.98 53.98 54.09 DOWN
APOLLOHOSP 1231.6 1215.62 1199.63 1254.57 1277.53 1238.58 1296.09 DOWN
APOLLOTYRE 174.2 172.75 171.3 176.25 178.3 174.8 180.46 DOWN
ARVIND 368.3 363.37 358.43 376.07 383.83 371.13 336.76 UP
ASHOKLEY 93.2 91.47 89.73 94.77 96.33 93.03 88.8 UP
ASIANPAINT 981.7 976.15 970.6 987.1 992.5 981.55 1023.56 DOWN
AUROPHARMA 636 625.37 614.73 654.27 672.53 643.63 736.86 DOWN
AXISBANK 488.2 483.52 478.83 493.17 498.13 488.48 514.11 DOWN
BAJAJ-AUTO 2789.6 2769 2748.4 2806.25 2822.9 2785.65 2724.03 UP
BAJFINANCE 1040.4 1024.6 1008.8 1060.6 1080.8 1044.8 927.73 UP
BANKBARODA 163.2 160.5 157.8 168.15 173.1 165.45 157.53 UP
BANKINDIA 123.75 121.7 119.65 127.55 131.35 125.5 109.14 UP
BATAINDIA 488.05 479.22 470.38 500.37 512.68 491.53 506.7 DOWN
BEL 1524.55 1516.1 1507.65 1537.9 1551.25 1529.45 1281.43 UP
BEML 1256.25 1231.85 1207.45 1300.3 1344.35 1275.9 962.7 UP
BHARATFIN 819.85 803.53 787.22 841.43 863.02 825.12 739.15 UP
BHARATFORG 1019.75 1003.83 987.92 1042.83 1065.92 1026.92 853.62 UP
BHARTIARTL 365.3 359.43 353.57 371.83 378.37 365.97 335.11 UP
BHEL 152.1 149.9 147.7 155.65 159.2 153.45 132.89 UP
BIOCON 1058.7 1046.8 1034.9 1074.8 1090.9 1062.9 861.71 UP
BOSCHLTD 22096.2 21671.46 21246.73 22650.46 23204.73 22225.73 22016.01 UP
BPCL 674.7 661.87 649.03 693.67 712.63 680.83 595.48 UP
BRITANNIA 3194.35 3162.57 3130.78 3234.57 3274.78 3202.78 3045.86 UP
CADILAHC 358.4 354.23 350.07 364.83 371.27 360.67 363.76 DOWN
CAIRN 274.8 269.85 264.9 281.1 287.4 276.15 205.47 UP
CANBK 293.35 288.65 283.95 301.15 308.95 296.45 267.48 UP
CASTROLIND 413.4 409.72 406.03 418.47 423.53 414.78 411.92 UP
CEATLTD 1085.85 1071.1 1056.35 1102.8 1119.75 1088.05 1072.7 UP
CENTURYTEX 891.15 878.6 866.05 913.1 935.05 900.55 761.76 UP
CESC 847.3 837.02 826.73 858.92 870.53 848.63 622.15 UP
CIPLA 574.25 570.72 567.18 578.22 582.18 574.68 545.42 UP
COALINDIA 319.95 317.2 314.45 322.75 325.55 320 313.12 UP
COLPAL 883.15 879.22 875.28 885.87 888.58 881.93 917.46 DOWN
CONCOR 1229.65 1214.8 1199.95 1256.75 1283.85 1241.9 1307.43 DOWN
CROMPGREAV 64.9 63.32 61.73 66.92 68.93 65.33 71.62 DOWN
CUMMINSIND 884.05 876.2 868.35 891.95 899.85 884.1 847.11 UP
DABUR 265.1 262.93 260.77 268.53 271.97 266.37 285.98 DOWN
DCBBANK 134.2 132.02 129.83 135.87 137.53 133.68 111.07 UP
DHFL 294.4 289.78 285.17 302.43 310.47 297.82 248.55 UP
DISHTV 86.25 85.48 84.72 87.38 88.52 86.62 91.84 DOWN
DIVISLAB 709.5 700.4 691.3 723.3 737.1 714.2 1106.39 DOWN
DJIA 20504.41 20417.48 20330.56 20547.88 20591.34 20460.95 18630.11 UP
DLF 137.15 134.35 131.55 141.8 146.45 139 138.6 DOWN
DRREDDY 2911.35 2897.05 2882.75 2934.8 2958.25 2920.5 3123.24 DOWN
EICHERMOT 24750.45 24330.3 23910.15 25360.3 25970.15 24940.15 21808.31 UP
ENGINERSIN 145.75 143.57 141.38 149.12 152.48 146.93 125.14 UP
EXIDEIND 208.6 205.4 202.2 213.9 219.2 210.7 175.97 UP
FEDERALBNK 81.05 79.42 77.78 83.12 85.18 81.48 66.84 UP
GAIL 493.85 488.35 482.85 499.55 505.25 494.05 398.32 UP
GLENMARK 927.5 912.2 896.9 943.7 959.9 928.4 867.34 UP
GMRINFRA 13.75 13.45 13.15 14.2 14.65 13.9 12.77 UP
GODREJCP 1616.55 1598.57 1580.58 1633.02 1649.48 1615.03 1464.73 UP
GODREJIND 519.7 513.63 507.57 525.23 530.77 519.17 410.08 UP
GRANULES 122.3 119.75 117.2 126.65 131 124.1 119.98 UP
GRASIM 1006.6 992.8 979 1027.2 1047.8 1013.4 901.61 UP
HAVELLS 418.9 413.75 408.6 427.8 436.7 422.65 379.66 UP
HCLTECH 830.3 822.4 814.5 838.4 846.5 830.5 773.01 UP
HDFC 1399.15 1389.17 1379.18 1409.47 1419.78 1399.48 1303.61 UP
HDFCBANK 1322.2 1311.77 1301.33 1328.32 1334.43 1317.88 1223.21 UP
HDIL 63.85 62.38 60.92 66.13 68.42 64.67 81.67 DOWN
HEROMOTOCO 3097.85 3069.62 3041.38 3147.02 3196.18 3118.78 3176.57 DOWN
HEXAWARE 210.2 206.95 203.7 212.7 215.2 209.45 206.77 UP
HINDALCO 184.45 181.02 177.58 188.92 193.38 185.48 147.06 UP
HINDPETRO 525.15 513.02 500.88 543.52 561.88 531.38 406.56 UP
HINDUNILVR 850.05 844.8 839.55 853.9 857.75 848.65 861.85 DOWN
HINDZINC 293.15 288.88 284.62 301.08 309.02 296.82 225.49 UP
IBREALEST 75.4 74.13 72.87 77.53 79.67 76.27 83.19 DOWN
IBULHSGFIN 816.15 804.1 792.05 828.5 840.85 816.45 719.35 UP
ICICIBANK 280.75 277.43 274.12 285.23 289.72 281.92 255.25 UP
ICIL 165.35 161.53 157.72 170.53 175.72 166.72 168.27 DOWN
IDBI 81 79.3 77.6 83.7 86.4 82 71.33 UP
IDEA 107.3 106.05 104.8 109.15 111 107.9 89.95 UP
IDFC 52.3 51 49.7 54.55 56.8 53.25 56.23 DOWN
IDFCBANK 61.75 60.98 60.22 62.68 63.62 61.92 59.31 UP
IFCI 28.15 27.45 26.75 29.15 30.15 28.45 26.58 UP
IGL 1050.6 1025.95 1001.3 1073.35 1096.1 1048.7 751.78 UP
INDIACEM 153.2 150.37 147.53 157.67 162.13 154.83 125.65 UP
INDUSINDBK 1316.45 1309.2 1301.95 1327.6 1338.75 1320.35 1153.3 UP
INFRATEL 323.75 318.58 313.42 328.33 332.92 323.17 358.19 DOWN
INFY 981.8 967.47 953.13 997.47 1013.13 983.13 1056.2 DOWN
IOC 369.2 361.53 353.87 378.68 388.17 371.02 278.07 UP
IRB 225.3 221.98 218.67 230.73 236.17 227.42 218.15 UP
ITC 273.4 271.23 269.07 275.53 277.67 273.37 243.33 UP
JETAIRWAYS 356.9 350.47 344.03 363.92 370.93 357.48 489.49 DOWN
JINDALSTEL 89.75 87.38 85.02 92.93 96.12 90.57 74.42 UP
JISLJALEQS 94.65 93.55 92.45 96.25 97.85 95.15 83.64 UP
JPASSOCIAT 12.05 11.57 11.08 12.92 13.78 12.43 9.61 UP
JSWENERGY 59.95 59.23 58.52 61.18 62.42 60.47 70.03 DOWN
JSWSTEEL 183.3 179.88 176.47 185.58 187.87 182.17 164.22 UP
JUBLFOOD 971.75 959.52 947.28 991.47 1011.18 979.23 1025.75 DOWN
JUSTDIAL 426.55 417.77 408.98 440.67 454.78 431.88 492.57 DOWN
KOTAKBANK 784.3 779.03 773.77 792.28 800.27 787.02 759.13 UP
KPIT 130.3 128.47 126.63 132.77 135.23 130.93 142.2 DOWN
KSCL 452.8 446 439.2 462 471.2 455.2 413.44 UP
KTKBANK 114.45 113.33 112.22 116.23 118.02 115.12 113.89 UP
L&TFH 110.05 108.1 106.15 112.75 115.45 110.8 88.3 UP
LICHSGFIN 548.45 540.37 532.28 554.27 560.08 546.18 529.21 UP
LT 1480 1468.87 1457.73 1498.42 1516.83 1487.28 1433.67 UP
LUPIN 1432.9 1426.93 1420.97 1440.43 1447.97 1434.47 1524.27 DOWN
M&M 1300.85 1293.03 1285.22 1313.73 1326.62 1305.92 1325.44 DOWN
M&MFIN 286.95 282.3 277.65 293.8 300.65 289.15 313.23 DOWN
MARICO 265.55 262.85 260.15 268.6 271.65 265.9 262.72 UP
MARUTI 5862.7 5816 5769.3 5935.6 6008.5 5888.9 5002.38 UP
MCDOWELL-N 2315.1 2295.95 2276.8 2346.9 2378.7 2327.75 2266.3 UP
MCLEODRUSS 167.9 165.03 162.17 172.83 177.77 169.97 171.7 DOWN
MINDTREE 457.65 451.5 445.35 464.4 471.15 458.25 527.1 DOWN
MOTHERSUMI 343.4 338.17 332.93 352.62 361.83 347.38 311.41 UP
MRF 49997.15 49761.16 49525.18 50407.56 50817.98 50171.58 42295 UP
NCC 80.6 79 77.4 83.5 86.4 81.9 80.76 DOWN
NHPC 30.65 30.43 30.22 30.88 31.12 30.67 24.26 UP
NIITTECH 418.15 412.43 406.72 426.43 434.72 420.72 442.19 DOWN
NMDC 135.85 133.8 131.75 139.2 142.55 137.15 112.58 UP
NTPC 169.05 168.03 167.02 170.33 171.62 169.32 154.13 UP
OFSS 3600.55 3564.08 3527.62 3653.23 3705.92 3616.77 3329.87 UP
OIL 336.35 333.62 330.88 340.47 344.58 337.73 276.33 UP
ONGC 194.95 193.47 191.98 197.12 199.28 195.63 161.03 UP
ORIENTBANK 119.9 117.97 116.03 123.27 126.63 121.33 113.16 UP
PAGEIND 14264.45 14081.62 13898.78 14465.67 14666.88 14282.83 13833.76 UP
PCJEWELLER 370.65 357.03 343.42 381.13 391.62 367.52 406.67 DOWN
PETRONET 382.25 377.27 372.28 387.62 392.98 382.63 328.55 UP
PFC 127.55 125.4 123.25 131.3 135.05 129.15 113.08 UP
PIDILITIND 670.55 664.37 658.18 677.37 684.18 671.18 672.2 DOWN
PNB 139.8 137.47 135.13 143.42 147.03 141.08 122.03 UP
POWERGRID 201.45 199.93 198.42 202.78 204.12 201.27 175.22 UP
PTC 84.1 82.95 81.8 85.5 86.9 84.35 75.52 UP
RCOM 32.7 31.77 30.83 34.12 35.53 33.18 44.51 DOWN
RECLTD 140.15 137.7 135.25 144.25 148.35 141.8 114.7 UP
RELCAPITAL 473.1 465.27 457.43 484.97 496.83 477.13 452.2 UP
RELIANCE 1051.3 1045.2 1039.1 1057.45 1063.6 1051.35 1022.06 UP
RELINFRA 541.55 532.88 524.22 556.68 571.82 548.02 529.72 UP
RPOWER 43 42.43 41.87 43.88 44.77 43.32 47.91 DOWN
S&P500 2337.58 2327.31 2317.03 2342.72 2347.85 2332.44 2168.86 UP
SAIL 59 57.58 56.17 60.93 62.87 59.52 49.45 UP
SBIN 268.95 266.5 264.05 271.95 274.95 269.5 239.39 UP
SIEMENS 1201.55 1189.73 1177.92 1219.63 1237.72 1207.82 1170.35 UP
SINTEX 89.75 87.87 85.98 92.67 95.58 90.78 79.66 UP
SOUTHBANK 22.55 22.3 22.05 22.85 23.15 22.6 21.23 UP
SRF 1529.25 1499.57 1469.88 1579.47 1629.68 1549.78 1541.36 DOWN
SRTRANSFIN 933.55 918.03 902.52 956.03 978.52 940.52 1060.58 DOWN
STAR 1163.95 1149.73 1135.52 1186.53 1209.12 1172.32 1078.44 UP
SUNPHARMA 623.05 612.45 601.85 642.7 662.35 632.1 732.69 DOWN
SUNTV 720.9 714.77 708.63 730.47 740.03 724.33 470.12 UP
SYNDIBANK 67.75 66.68 65.62 69.28 70.82 68.22 70.36 DOWN
TATACHEM 551.3 545.53 539.77 561.53 571.77 555.77 486.36 UP
TATACOMM 730.5 720.33 710.17 743.58 756.67 733.42 553.53 UP
TATAELXSI 1433.2 1413.07 1392.93 1466.62 1500.03 1446.48 1520.54 DOWN
TATAGLOBAL 138.75 136.88 135.02 141.73 144.72 139.87 131.06 UP
TATAMOTORS 436.45 429.53 422.62 448.18 459.92 441.27 490.13 DOWN
TATAMTRDVR 268.3 263.03 257.77 277.73 287.17 272.47 318.65 DOWN
TATAPOWER 81.7 80.58 79.47 83.48 85.27 82.37 74.51 UP
TATASTEEL 460.1 453.32 446.53 470.82 481.53 464.03 381.17 UP
TCS 2413.7 2383.2 2352.7 2436.1 2458.5 2405.6 2418.03 DOWN
TECHM 495.65 485.97 476.28 508.47 521.28 498.78 472.02 UP
TITAN 412.45 404.83 397.22 425.73 439.02 418.12 375.81 UP
TORNTPHARM 1231.4 1205.9 1180.4 1256.3 1281.2 1230.8 1415.15 DOWN
TORNTPOWER 201.1 198.13 195.17 205.73 210.37 202.77 183.51 UP
TV18BRDCST 39.1 38.27 37.43 40.57 42.03 39.73 40.4 DOWN
TVSMOTOR 410.35 407.33 404.32 415.03 419.72 412.02 337.15 UP
UBL 785.15 779.25 773.35 790.8 796.45 784.9 813.55 DOWN
ULTRACEMCO 3678.15 3640.93 3603.72 3738.53 3798.92 3701.32 3572.55 UP
UNIONBANK 141.45 139.22 136.98 145.12 148.78 142.88 134.95 UP
UPL 709.1 699.37 689.63 719.72 730.33 709.98 636.46 UP
VEDL 247.65 242.98 238.32 254.43 261.22 249.77 181.03 UP
VOLTAS 339.3 332.57 325.83 349.97 360.63 343.23 343.48 DOWN
WIPRO 474.7 469.1 463.5 479.8 484.9 474.2 500.41 DOWN
WOCKPHARMA 659.5 652.88 646.27 669.33 679.17 662.72 817.04 DOWN
YESBANK 1430.95 1413.07 1395.18 1454.62 1478.28 1436.73 1198.67 UP
ZEEL 520.7 512.6 504.5 527.65 534.6 519.55 477.97 UP

All level indicated above are based on cash market prices.

Pivot Point

PP : Pivot Point : This is trigger point for weekly buy/sell based on the price range of the previous week.
R1 : Resistance one : 1st Resistance over PP. R2 : Resistance two : 2nd Resistance over R1.
S1 : Support one : 1st support after PP. S2 : Support Two : 2nd support after S1.

As per the tool, the trader should take BUY position just above PP and keep the stop loss of PP and the first target would be R1.
If R1 is crossed then R2 becomes the next target with the stop loss at R1.

Similarly if price goes below PP the trader should SELL and keep the PP as Stop loss and the first target would be S1.

If S1 is crossed then S2 becomes the next target with the stop loss at S1.
This is a trading tool. The key to use of this tool is the use of STOP LOSS.

Wealth Creator thru Systematic Investment

 Suresh Rathi
Wealth Creator thru Systematic Investment
The Compass
…Direction at a glance

Oversold conditions in USD/INR. Initial target at 67.21.

Instrument LTP S1 S2 R1 R2 Bias TRADING STRATEGY

MCX GOLD 29012 28650 27900 29375 30000 Negative We recommend exiting all long positions in Gold. Interweek strategy: Establish fresh short
positions at CMP targeting 28650 and then aggressive targets at 27900 with stop at 29375.

We recommend exiting all long positions in Silver. Interweek strategy: Establish fresh short
MCX SILVER 42499 42100 41650 42950 43700 Negative positions at CMP targeting 42100 and then aggressive targets at 41650 with stop at 42950.

We recommend exiting long positions in Crude Oil. Interweek strategy: Establish fresh
MCX CRUDE OIL 3543 3540 3388 3853 4000 Neutral long positions only above 3750 targeting 3853 with stop at 3640.

We recommend exiting all long positions in Copper. Interweek strategy: Establish fresh short
MCX COPPER 404 391 380 411 425 Negative positions at CMP targeting 391 and then aggressive targets at 380 with stop at 411.

Negative bias for Natural Gas continues. Interweek strategy: Establish fresh short positions
MCX NATURAL 197.10 190.00 175.00 205.00 225.00 Negative at CMP targeting 190 and then aggressive targets at 175 with stop at 205.
GAS

We recommend exiting short positions in USD/INR. Interweek strategy: Establish fresh long
66.88 66.80 66.45 67.21 67.65 Positive positions at CMP targeting 67.21 and then aggressive targets at 67.65 with stop at 66.80,
USD-INR

Wealth Creator thru Systematic Investment

 Suresh Rathi
Wealth Creator thru Systematic Investment
The Navigator
…Sailing global trend

US Dollar Index back in action. Initial target at 102.11

Instrument LTP S1 S2 R1 R2 Bias TRADING STRATEGY

We recommend exiting all long positions in Gold. Interweek strategy: Establish fresh short
GOLD $ 1226 1205 1187 1231 1250 Negative positions at CMP targeting 1205 and then aggressive targets at 1187 with stop at 1231.

We recommend exiting all long positions in Silver. Interweek strategy: Establish fresh short
SILVER ($) 17.87 17.65 17.33 17.98 18.25 Negative positions at CMP targeting 17.65 and then aggressive targets at 17.33 with stop at 17.98..

WTI CRUDE We recommend exiting long positions in Crude Oil. Interweek strategy: Establish fresh
53.19 51.75 48.5 58 72 Neutral long positions only above 54 targeting 58 with stop at 51.75.
OIL ($ )

Negative bias for EUR/USD continues. Interweek strategy: Maintain sell at CMP targeting
EUR/USD 1.0572 1.0501 1.0475 1.0649 1.0690 Negative 1.0501 and then aggressive targets at 1.0475 with stop at 1.0649.

We recommend exiting short positions in US Dollar Index. Interweek strategy: Establish

fresh long positions CMP targeting 102.11 and then aggressive targets at 103.45 with stop at
US Dollar Index 101.28 99.85 98.11 102.11 103.45 Positive 99.85.

Positive bias to continue for Dow Jones. Interweek strategy: Maintain buy at CMP targeting
DOW JONES 20550 20230 20068 20425 20550 Positive 20425 zone and then aggressive targets at 20550 with stop at 20230.

Wealth Creator thru Systematic Investment

 Suresh Rathi
Wealth Creator thru Systematic Investment DAILY PIVOT TABLE Thursday
16th February, 2017

200 Day Reversal

Exchange Commodity Close S1 S2 R1 R2 Trend
SMA Point

MCX Aluminium 125.9 125.17 124.43 126.87 127.83 112.44 122.35 UP

NCDEX Chana 7854 7756.67 7659.33 7996.67 8139.33 5043.66 7322 UP
NCDEX Copper 404.3 398.48 392.67 412.38 420.47 343.65 395.65 UP
MCX Crude Oil 3565 3540.67 3516.33 3589.67 3614.33 3257.33 3637 DOWN
MCX Gold 29001 28911.67 28822.33 29131.67 29262.33 29805.66 28895 UP
MCX GAUR GUM 6460 6413.33 6366.67 6523.33 6586.67 5981 6760 DOWN
NCDEX GAUR SEED 3188 3169.67 3151.33 3208.67 3229.33 3352.83 3289 DOWN
NCDEX Jeera 16925 16790 16655 17040 17155 17660.45 17520 DOWN
NCDEX Lead 157.6 155.32 153.03 161.82 166.03 134.17 153.9 UP
MCX Mentha Oil 1044.1 1037.8 1031.5 1048.5 1052.9 929.68 1014.5 UP
MCX Natural Gas 194.6 193.2 191.8 197 199.4 197.02 207.1 DOWN
MCX Nickle 720.4 712.87 705.33 727.07 733.73 683.13 690.1 UP
MCX RM MUSTARD 3779 3768.67 3758.33 3793.67 3808.33 4521.12 3848 DOWN
NCDEX Silver 42480 42172 41864 42838 43196 42816.04 41603 UP
MCX Sugar 3850 3830.33 3810.67 3873.33 3896.67 3587.47 4000.5 DOWN
NCDEX SOYA BEAN 3625 3625 3625 3625 3625 0 3792 DOWN
NCDEX SOYA OIL 688.5 685.1 681.7 694.4 700.3 669.06 711 DOWN
NCDEX Turmeric 6844 6803.33 6762.67 6871.33 6898.67 7534.28 6960 DOWN
MCX ZINC 193.5 190.9 188.3 197.05 200.6 159.27 187.95 UP

Wealth Creator thru Systematic Investment

Suresh Rathi Suresh Rathi Group
Wealth Creator thru Systematic Investment

Suresh Rathi Group

Mobile no. 9649654000 Email: info@sureshrathi.in
Web: www.sureshrathi.com

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way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this recommendation or any action taken on basis
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Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast future price and market movements. Technical analysis is complementary to
fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Suresh Rathi Group in the company research
undertaken as the recommendations stated in this report is derived purely from technical analysis. Suresh Rathi Group has based this document on information obtained from
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POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report)

Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock / Instrument (s): - No.

Wealth Creator thru Systematic Investment