Author: AFF12

Daily Equity Research Report

April 26, 2016

AFFLUENCE SHARES AND STOCKS PRIVATE LIMITED

MARKET OVERVIEW

Pre Open Thoughts: Hard luck! Weak start, F&O Expiry Week
The only sure thing about luck is that it will change.As indicated last week, the trend on Nifty appears very strong but on the upside 8000 seems to be a crucial resistance level for Nifty, any close above 8000/8050 levels could accentuate the buying momentum and we might again retest highs of 8100.
But as although intermediate bouts of profit-booking and selling pressure were witnessed at higher levels, it ended the week with gains.
FIIs remained net buyers in the cash and derivatives segments while DIIs were seen booking profits and remained net sellers during the week. The breadth of the market remained positive amidst high volumes, which augurs well for the markets and is a positive sign.
The April series coming to an end this Thursday being expiry and its May now, the old adage of Sell in May could well not be needed after all given the rally we witnessed Post Indian Budget but as one know after such run up profit taking is always on cards and it may be witness in the upcoming May series.
The start will be subdued in sync with the global markets, Asian shares were set for the first back-to-back declines in a month as the Japanese yen strengthened and crude oil retreated from a five-month high.
As Market participants are looking for new drivers for risk this week Results will continue to inﬂuence stock-speciﬁc movement Investors should tread carefully at this juncture, the market could get pegged back on any fresh bad news.

INDIAN INDICES	CLOSE	PTS	% CHG
SENSEX	25678.93	-159.21	-0.62
NIFTY 50	7855.05	-44.25	-0.56
BANKNIFTY	16678.65	-24.75	-0.15
SMALL CAP	11035.60	-43.24	-0.39
MIDCAP	11003.75	-14.89	-0.14
BANKEX	19008.58	-26.82	-0.14
IT	11366.00	20.38	0.18
AUTO	18537.15	-163.22	-0.87
FMCG	7704.05	-63.1	-0.81
POWER	1861.04	-26.99	-1.43
REALTY	1298.45	-9.18	-0.70
OIL & GAS	9369.11	-89.55	-0.95
METAL	7935.49	-84.98	-1.06
CAPITAL GOODS	13355.85	-9.16	-0.07
INDVIX	16.57	0.19	1.18
COMMODITY PRICE	CLOSE	PTS	% CHG
GOLD	29262.00	241	0.82
SILVER	40102.00	117	0.29
CRUDEOIL	2878.00	-58	-2.02
COPPER	331.95	-2.55	-0.77
ZINC	124.70	-2.3	-1.84
LEAD	116.40	-3	-2.58
GLOBAL INDICES*	CLOSE	PTS	% CHG
DOW JONES	17977.00	-26.51	-0.15
NASDAQ	4895.00	-10.44	-0.21
FTSE 100	6260.00	-49.52	-0.78
ASIAN INDICES*	CLOSE	PTS	% CHG
HANG SANG	21128.00	-173.81	-0.82
NIKKEI	17251.00	-190.43	-1.09
SHANGHAI	2938.00	-8.16	-0.28
CURRENCY FUTURE	22-Apr	25-Apr	NET%
USDINR	66.5300	66.6500	0.18
EURINT	75.0300	75.0200	-0.01
GBPINR	95.7425	96.4400	0.72
JPYINR	60.1400	59.9800	-0.26
FII/DII CAPITAL MKT*	BUY	SELL	NET
FII	5698.59	5476.25	222.34
DII	1900.64	1940.09	-747.95
FII/DII DERIVATIVES MKT*	BUY	SELL	NET
INDEX FUTURES	2698.57	2685.78	12.79
INDEX OPTIONS	32630.31	31870.87	759.43
STOCK FUTURES	15016.23	15059.43	-43.20
STOCK OPTIONS	3833.95	3970.94	-136.98

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Daily Equity Research Report

April 26, 2016

AFFLUENCE SHARES AND STOCKS PRIVATE LIMITED

IMPORTANT MARKET HIGHLIGHTS

Stocks of public sector banks, pharma and metal firms and index heavyweights Reliance Industries, HDFC and ITC led losses for key benchmark indices. The barometer index, the S&P BSE Sensex, fell 117.08 points or 0.45% to 25,721.06, as per the provisional closing data. The losses for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty fell 44.25 points or 0.56% at 7,855.05, as per the provisional closing data. The decline on the domestic bourses materialized as Asian and European stocks dropped on caution ahead of the outcome of central bank meetings in the United States and Japan this week. Reliance Industries (RIL) edged lower after announcing Q4 March 2016 results after trading hours on Friday, 22 April 2016
The Sensex fell 252.21 points, or 0.98% at the day's low of 25,585.93 in mid-afternoon trade, its lowest level since 13 April 2016. The barometer index rose 52.89 points, or 0.2% at the day's high of 25,891.03 in early trade. The Nifty fell 72.30 points, or 0.92% at the day's low of 7,827 in mid-afternoon trade, its lowest level since 13 April 2016. The index rose 11.70 points, or 0.15% at the day's high of 7,911 in early trade.
Bharti Airtel rose 1.74% to Rs 359.25 after the company announced that its board of directors will consider a proposal for buyback of equity shares on 27 April 2016. The announcement was made on on Saturday, 23 April 2016. Bharti Airtel will also announce its Q4 March 2016 results on 27 April 2016.

MARKET TURNOVER	22-Apr	25-Apr	NET%
NSE CASH	15665.65	14787.11	-5.94
BSE CASH	2575.10	4413.64	41.66
NSE FUTURES	48257.30	65071.42	25.84
NSE OPTIONS	248066.83	294458.93	15.76
ADVANCE / DECLINE	ADV	DEC	UNCH
NSE	564	1007	64
BSE	1040	1579	145
NIFTY GAINER	22-Apr	25-Apr	% CHG
BHARTIARTL	353.10	358.95	1.66
TCS	2417.05	2451.25	1.41
BPCL	965.90	978.30	1.28
AMBUJACEM	220.90	223.35	1.11
BAJAJ-AUTO	2522.15	2543.75	0.86
NIFTY LOOSER	22-Apr	25-Apr	% CHG
HINDALCO	98.40	101.10	-2.67
BANKBARODA	157.85	161.95	-2.53
TATAMTRDVR	296.15	303.55	-2.44
MARUTI	3727.95	3816.05	-2.31
NTPC	140.35	143.65	-2.30
CASH SEGMENT VOLUME TOPPERS	22-Apr	25-Apr	VALUE (In crore)
RELIANCE	1038.95	1016.90	1425.70
SBIN	200.15	197.05	475.24
ICICIBANK	252.00	252.95	417.00
M&MFIN	275.70	297.65	374.88
AXISBANK	475.85	469.90	350.85
TOP TRADED STOCK FUTURE	EXP. DATE	TRADE VALUE (Rs.)	NO. OF CONTRACTS
RELIANCE	28/04/2016	23267204375	45622
SBIN	28/04/2016	12552542100	31441
ICICIBANK	28/04/2016	8592284670	19965
HDFCBANK	28/04/2016	10229801900	18773
MARUTI	28/04/2016	8831794188	18772
TOP TRADED STOCK OPTION	STRIKE PRICE	OPTION TYPE	NO. OF CONTRACTS
RELIANCE	1040	CE	12871
SBIN	200	CE	11403
RELIANCE	1060	CE	9236
RELIANCE	1020	CE	8090
SBIN	210	CE	7300

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Daily Equity Research Report

April 26, 2016

AFFLUENCE SHARES AND STOCKS PRIVATE LIMITED

CORPORATE NEWS

Meghmani Organics gains 11.31% in two sessions
UltraTech Cement turns volatile after announcing Q4 results
UltraTech Cement inches up after decent Q4 numbers
Welspun India moves higher after strong Q4 earnings
Indiabulls Real Estate drops after reporting weak Q4 results
Motherson Sumi tumbles on concerns over Volkswagen's operating loss
Maruti Suzuki drops on firmness in Japanese yen
Volumes jump at Indiabulls Housing Finance counter
Filatex India spurts after stellar Q4 earnings
Shriram Transport Finance Company gains after raising funds
New order boosts Simplex Castings
Honda Siel Power gains after launching indigenously built power tiller
Kalpataru Power gains after receiving new orders
M&M Financial gains after good Q4 earnings
TCS gains after launching new IT solution
DIC India slumps after announcing Q1 results
Bharti Airtel gains as board to consider share buyback
RIL drops after announcing Q4 results
Cairn India declines after reporting net loss in Q4

MOST ACTIVE CALLS	EXP. DATE	STRIKE PRICE	LTP
NIFTY	28-Apr-16	7900	36.80
NIFTY	28-Apr-16	8000	10.00
NIFTY	28-Apr-16	8100	2.10
NIFTY	28-Apr-16	7800	94.15
NIFTY	28-Apr-16	7950	18.85
MOST ACTIVE PUTS	EXP. DATE	STRIKE PRICE	LTP
NIFTY	28-Apr-16	7800	17.80
NIFTY	28-Apr-16	7900	56.95
NIFTY	28-Apr-16	7700	4.85
NIFTY	28-Apr-16	7750	8.30
NIFTY	28-Apr-16	7850	32.80
INDICES LEVEL	NIFTY 50	SENSEX	NIFTY IT
CLOSE	7855.05	25678.93	11315.45
R3	8032.35	26328.83	11547.93
R2	7948.35	26023.73	11434.48
R1	7901.70	25851.33	11374.97
PIVOT	7864.35	25718.63	11321.03
S1	7817.70	25546.23	11261.52
S2	7780.35	25413.53	11207.58
S3	7696.35	25108.43	11094.13
ADR PRICE	LTP	VOLUME	%CHG
Dr. Reddy's Lab	47.45	204568	0.91
H D F C Bank	62.94	461577	0.49
I C I C I Bank	7.78	19970887	-0.89
Infosys Technologies	19.08	3038446	0.74
MakeMy Trip Ltd.	18.68	87311	-1.16
REDIFF.COM	0.69	4250	-1.43
SATYAM INFOWAY	1.35	132795	-0.74
Tata Motors	31.30	1132032	1.33
Wipro	12.21	522296	-1.21
BULK DEALS	BUY/SELL	QUANTITY	TRADE PRICE
CEREBRAINT	BUY	942326	21.14
CHROMATIC	BUY	81605	3.87
DCM	BUY	25000	98.77
DCM	BUY	25000	98.77

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Daily Equity Research Report

April 26, 2016

AFFLUENCE SHARES AND STOCKS PRIVATE LIMITED

MARKET OUTLOOK

NIFTY 50 -0.56%
NET CHG -44.25
OPEN 7894.80
HIGH 7911.00
LOW 7827.00
CLOSE 7855.05

SENSEX -0.62%
NET CHG -159.21
OPEN 25891.03
HIGH 25891.03
LOW 25585.93
CLOSE 25678.93

NIFTY IT 0.1%
NET CHG 11.40
OPEN 11288.70
HIGH 11380.55
LOW 11267.10
CLOSE 11315.45

Nifty View 26th April 2016 (Previous Close 7855):
Yesterday, Index opened with a positive bias, dipped initially upto 7675, however late afternoon saw a decent bounce upto 7715 & finally closed the day up 0.50% for the day.
Post Gap up opening, Initially Till Index holds 7910, this rebound could continue upto 8000-8100. Break below 7850, will lead to a retest of 7660-7620 supports.
On the Derivatives Front, Highest OI is witnessed in 8000 calls with unwinding to the tune of 3.3 & 5 Lakhs each were witnessed in 7700-7900 Calls while additions was witnessed in 7700 & 7600 Puts to the tune of 15 & 7 lakhs each with Highest Put OI at 7500 implies that on a broader time-frame, 7650-7670 is an extremely crucial support & 7790-7810 is a strong resistance.
Positional Range: 7700 – 7815.

• Equities • Derivatives • Currencies • Commodities • Research • Consultancy • Depository
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Daily Equity Research Report

April 26, 2016

AFFLUENCE SHARES AND STOCKS PRIVATE LIMITED

PIVOT TABLE

SCRIP	HIGH	LOW	CLOSE	S3	S2	S1	PIVOT	R1	R2	R3
ACC	1429.60	1406.00	1422.90	1372.30	1395.90	1409.40	1419.50	1433.00	1443.10	1466.70
ADANIPORTS	233.70	230.25	231.80	225.02	228.47	230.13	231.92	233.58	235.37	238.82
AMBUJACEM	224.40	221.35	223.35	216.93	219.98	221.67	223.03	224.72	226.08	229.13
ASIANPAINT	870.40	856.00	861.75	833.92	848.32	855.03	862.72	869.43	877.12	891.52
AXISBANK	477.35	465.00	469.90	446.05	458.40	464.15	470.75	476.50	483.10	495.45
BAJAJ-AUTO	2559.90	2512.75	2543.75	2444.50	2491.65	2517.70	2538.80	2564.85	2585.95	2633.10
BANKBARODA	162.45	156.55	157.85	147.15	153.05	155.45	158.95	161.35	164.85	170.75
BHARTIARTL	364.00	354.30	358.95	339.68	349.38	354.17	359.08	363.87	368.78	378.48
BHEL	127.70	124.25	125.65	118.97	122.42	124.03	125.87	127.48	129.32	132.77
BOSCHLTD	20099.00	19650.00	19845.15	18966.72	19415.72	19630.43	19864.72	20079.43	20313.72	20762.72
BPCL	982.00	958.75	978.30	926.52	949.77	964.03	973.02	987.28	996.27	1019.52
CAIRN	148.70	143.90	145.05	136.28	141.08	143.07	145.88	147.87	150.68	155.48
CIPLA	533.85	523.50	526.50	507.25	517.60	522.05	527.95	532.40	538.30	548.65
COALINDIA	290.90	286.80	287.95	280.35	284.45	286.20	288.55	290.30	292.65	296.75
DRREDDY	3168.90	3097.55	3116.15	2984.83	3056.18	3086.17	3127.53	3157.52	3198.88	3270.23
GAIL	369.40	357.70	360.15	339.02	350.72	355.43	362.42	367.13	374.12	385.82
GRASIM	4055.00	3990.00	4038.70	3897.90	3962.90	4000.80	4027.90	4065.80	4092.90	4157.90
HCLTECH	850.00	841.25	845.10	827.95	836.70	840.90	845.45	849.65	854.20	862.95
HDFC	1127.50	1106.30	1112.00	1072.87	1094.07	1103.03	1115.27	1124.23	1136.47	1157.67
HDFCBANK	1100.00	1084.50	1093.25	1061.58	1077.08	1085.17	1092.58	1100.67	1108.08	1123.58
HEROMOTOCO	3023.50	2957.20	2961.80	2848.23	2914.53	2938.17	2980.83	3004.47	3047.13	3113.43
HINDALCO	101.35	96.55	98.40	89.17	93.97	96.18	98.77	100.98	103.57	108.37
HINDUNILVR	889.00	875.50	884.15	855.88	869.38	876.77	882.88	890.27	896.38	909.88
ICICIBANK	255.35	251.15	252.95	244.75	248.95	250.95	253.15	255.15	257.35	261.55
IDEA	119.15	117.00	118.15	113.80	115.95	117.05	118.10	119.20	120.25	122.40
INDUSINDBK	987.00	974.15	982.35	955.47	968.32	975.33	981.17	988.18	994.02	1006.87
INFY	1224.80	1201.10	1215.85	1166.52	1190.22	1203.03	1213.92	1226.73	1237.62	1261.32
ITC	325.50	320.40	320.95	312.08	317.18	319.07	322.28	324.17	327.38	332.48
KOTAKBANK	682.85	671.10	680.45	654.63	666.38	673.42	678.13	685.17	689.88	701.63
LT	1277.60	1257.10	1265.50	1225.73	1246.23	1255.87	1266.73	1276.37	1287.23	1307.73
LUPIN	1557.00	1535.50	1542.70	1502.07	1523.57	1533.13	1545.07	1554.63	1566.57	1588.07
M&M	1333.95	1317.25	1326.50	1292.50	1309.20	1317.85	1325.90	1334.55	1342.60	1359.30
MARUTI	3842.00	3715.15	3727.95	3508.00	3634.85	3681.40	3761.70	3808.25	3888.55	4015.40
NTPC	143.85	138.05	140.35	129.15	134.95	137.65	140.75	143.45	146.55	152.35
ONGC	216.45	211.70	212.30	203.98	208.73	210.52	213.48	215.27	218.23	222.98
PNB	91.15	88.45	89.20	84.20	86.90	88.05	89.60	90.75	92.30	95.00
POWERGRID	146.10	142.55	143.80	137.05	140.60	142.20	144.15	145.75	147.70	151.25
RELIANCE	1044.45	1012.30	1016.90	960.25	992.40	1004.65	1024.55	1036.80	1056.70	1088.85
SBIN	202.55	195.80	197.05	184.97	191.72	194.38	198.47	201.13	205.22	211.97
SUNPHARMA	821.15	802.00	808.85	772.37	791.52	800.18	810.67	819.33	829.82	848.97
TATAMOTORS	417.60	410.00	412.20	398.07	405.67	408.93	413.27	416.53	420.87	428.47
TATAPOWER	70.45	68.75	69.55	66.18	67.88	68.72	69.58	70.42	71.28	72.98
TATASTEEL	353.70	344.55	347.45	330.27	339.42	343.43	348.57	352.58	357.72	366.87
TCS	2457.05	2402.30	2451.25	2327.37	2382.12	2416.68	2436.87	2471.43	2491.62	2546.37
TECHM	484.70	469.10	472.00	444.07	459.67	465.83	475.27	481.43	490.87	506.47
ULTRACEMCO	3327.60	3256.85	3276.20	3145.38	3216.13	3246.17	3286.88	3316.92	3357.63	3428.38
VEDL	105.00	100.55	102.00	93.62	98.07	100.03	102.52	104.48	106.97	111.42
WIPRO	561.75	551.10	552.45	533.80	544.45	548.45	555.10	559.10	565.75	576.40
YESBANK	885.50	871.15	878.65	849.73	864.08	871.37	878.43	885.72	892.78	907.13
ZEEL	402.90	395.65	400.70	385.25	392.50	396.60	399.75	403.85	407.00	414.25
ZEEL	402.90	395.65	400.70	385.25	392.50	396.60	399.75	403.85	407.00	414.25

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Daily Equity Research Report

April 26, 2016

AFFLUENCE SHARES AND STOCKS PRIVATE LIMITED

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