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Best Stock & Investment Advisor- Star India Market Research

Star India Market Research - SEBI Registered Investment advisory Company In India. Our experts provides trading recommendations in Stock, Commodity and Currency Market.

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Best Stock & Investment Advisor- Star India Market Research

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  1. ; Daily Equity Report 24-5-2018 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- Nifty Future Support- Resistance Nifty traded sideways for the major part of the day before witnessing a heavy selling pressure in the final hour of trade with Nifty breaching its crucial support level of 10,500 pulled down by oil companies, while mining and energy conglomerate Vedanta Ltd hit an over 10-month low as protests against its copper plant in south India turned violent. R1/R2 10580/10700 S1/S2 10400/10250 Daily Chart:

  2. ; Daily Newsletter Page 2 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance Bank Nifty also ends in red zone as well as nearby its support mark i.e. on 25520. Only Nifty PSU Bank Index managed to end in the green due to strong gains in SBI. For now selling pressure may continue if able to give breakouts of its support mark and sustain below it. R1/R2 25850/26070 S1/S2 25520/25400 Daily Chart: Technical Outlook Top Losers Top Gainers SBIN TECHM CIPLA UPL TATAMOTORS SBIN COALINDIA IBULHSGFIN 310.7 246.55 264 1,199.75 263.45 701 534 690.9

  3. ; Daily Newsletter Page 3 Stock Corner: Shares of metal companies were under pressure with Tata Steel, Jindal Steel and Power (JSPL) and Vedanta slipping more than 5% on the National Stock Exchange. Grasim Industries gained 1% after the company reported 18.3% jump in its Q4FY18 net profit at Rs 3.73 billion on the bank of strong revenue growth and operating performance. The profit included one-time loss of Rs 2.18 billion. Shares of L&T Technology Services (LTTS) have rallied 7% after the L&T Group company reported a higher than expected quarter-on-quarter (QoQ) revenue growth of 8% at $162 million in March 2018 quarter (Q4FY18). 1. 2. State Bank of India (SBI) gained over five per cent on Wednesday to Rs 267 levels on the NSE despite the bank positing a huge Rs 77 billion loss in the March 2018 quarter. The rally, over the past two sessions, comes on the back of expectations of an improvement in the asset quality going ahead. Shares of Vedanta Ltd fell to their lowest since July 5, 2017, after at least nine people were killed in the southern state of Tamil Nadu when police fired at violent protesters calling for the closure of a copper smelter run by parent Vedanta Resources Plc. Shares of oil marketing companies (OMCs) were under pressure with the Indian Oil Corporation (IOC) hitting its 52-week low, while Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) falling 6% each on reports that the government may ask these companies to freeze prices as a temporary arrangement. Dr Reddy’s Laboratories reported a 3 per cent decline in net profit at Rs 3.02 billion on the back of a marginal decline in revenues for the March quarter (Q4). 3. 4. 5. 6. 7. Stock in ban period BEML, DHFL, RCOM.

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks ASHOKLEY FUT Stock gains for the second consecutive day as well as closed near around its immediate resistance breakouts could be seen in coming session. INTRADAY R1 R2 R3 147.70 156.80 162.75 146.30 141.50 132.30 128.70 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 64197000 146.00 141.60 7000 144.08 LEVEL S1 S2 S3 All over trends Sideways to Positive

  5. Daily Newsletter ; Page 5 YESBANK FUT Stock had given breakouts of immediate slopping trend line which can be seen in below daily chart while stock closed near around its support zone breakouts seen. INTRADAY R1 R2 R3 341.50 350 360 331.80 323 317 313 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 17477250 338.50 331.90 500 1750 LEVEL S1 S2 S3 All over trends Sideways to Nrgative

  6. Daily Newsletter ; Page 6 Event Calendar (14th May to 19th May) 14/05/18 (Mon) 15/05/18 (tues) 16/05/18 (wed) 17/05/18 (thurs) 18/05/18 (Fri) 19/05/18 (sat) Result Result FORTIS, KTKBANK, LUPIN, MRPL, PNB, SUVEN ETC Result AXISBANK, DBCORP, GSFC, HINDALCO, JSWSTEEL, PTCINDIA ETC Result Result BAJAJ-AUTO, INOXWIND, MANAPPURAM ETC Result ATULAUTO, ITI, RUSHIL, SOBHA ETC BOMDYEING, HUL, POLARIS ETC BAJFINANCE, COFFEEDAY, ESCORTS, JKTYRE, SRF, VOLTAS ETC Daily Calls INTRADAY BASIC CALLS DATE 23/05/18 23/05/18 23/05/18 Service Cash Future Option Stock Name LTTS MINDTREE FUT MINDTREE 1180 CALL Entry Price 1335 1042 31.25 Exit 1375 1045 34.75 Profit/loss 8889 3600 4000 HNI CALLS DATE 23/05/18 23/05/18 23/05/18 Service Cash Future Option Stock Name PCJEWELLER NIITTECH FUT EXIDEIND 250 CE Entry Price 203 1065 4 Exit 209.75 1085 5 Profit/loss 33251 75000 20000 Report by Senior Researcher : Miss Namrata Otwani

  7. Daily Newsletter ; Page 7 DISCLAIMER Entering our site means that you have read, understood and agreed to everything that is written and implied in this disclaimer note. RESEARCH is published solely for informational purposes and must in no way be construed as investment advice for a specific individual. The information and views in this website & all the services 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 equity shares, futures, options and commodities has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. The information contained herein is from sources believed reliable. We do not represent that it is accurate, complete and it should not be relied upon as such. Any action taken by you on the basis of the information contained in this site is your responsibility only and we will not be liable in any manner for the consequences of such action taken by you. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Reports or any other information provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. By accessing our site or any of its associate/group sites, you have read, understood and agree to be legally bound by the terms of the following disclaimer and user agreement Star India Market Research and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Research House is not responsible for any technical failure or malfunction of the software or delays of any kind. We are also not responsible for non- receipt of registration details or e-mails. You understand and agree that no joint venture, partnership, employment or agency relationship exists between you and Research House as a result of this agreement or on account of use of our website. Price and availability of products and services offered on the site are subject to change without prior notice. We provide information about the availability of products or services to a certain extent but you should not rely on such information. Star India will not be liable for any lack of availability of products and services you may order through the site. www.starindiaresearch.com

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