;

Daily Chart:

Nifty Future Support-Resistance

R1/R2 10800/10950

S1/S2 10640/10500

Daily Equity

Report

09-5-2018 support@starindiaresearch.com 8817002233

Outlook of Nifty & Bank Nifty Today Nifty Outlook:-

Nifty began the day on a higher note as advanced its

gains to over 10,750 mark. But bulls could not get

the momentum going further and the bears soon

took over in the afternoon. Indices turned red in the

afternoon trade before a battle between bears and

bulls ensured that the indices ended flat.

;

Daily Chart:

Technical Outlook

Bank Nifty Future Support-Resistance

R1/R2 26300/27000

S1/S2 25500/25000

Top Gainers

ICICIBANK 308.5 HINDPETRO 305.55 EICHERMOT 30,400.00

BPCL 393

Bank Nifty Outlook:-

Bank Nifty trades higher for the second consecutive

day and ends the day with Doji candle on daily

charts. ICICI Bank stole the limelight as the stock

gained over 8 percent intraday and closed 7 percent

higher. The bank, as such, reported 50 percent drop

in its net profit for the March quarter,

Page 2 Daily Newsletter

Top Losers M&M 865.25

LT 1,364.90 INFY 1,167.50 ZEEL 592.8

;

Stock Corner: 1. Fortis Healthcare receives revised offer from Manipal Healthcare. The hospital chain

operator has appointed Arpwood Capital to advise on sale bids. Shareholders, meanwhile,

approve the acquisition of RHT Health Trust assets.

2. UltraTech submits a fresh offer of Rs7840cr for Binani Cement. The lenders are expected

to meet today to discuss UltraTech’s new bid.

3. Jubilant Foodworks, operator of Domino’s Pizza in India, posted a net profit of Rs 68.1

crore against Rs 6.7crore posted during the corresponding quarter of last year.

4. Godrej Consumer Products' Q4 FY18 consolidated net profit rose 59.2 percent year-on-

year to Rs 617 crore led by strong performance by its soaps business. The company

reported revenue at Rs 2,529 crore compared to Reuters estimates of Rs 2,587 crore.

5. INOX Leisure Limited reported a 12% growth in revenue from operations at Rs 323.6

crore for the Q4FY18. Earnings before interest, taxes, depreciation and amortization

(EBITDA) was at Rs 43.9 crore, 75% higher than the corresponding quarter last year.

Stock in ban period

Daily Newsletter Page 3

BALRAMCHIN, DHFL, IRB, JETAIRWAYS, JUSTDIAL, WOCKPHARMA.

;

Technical outlook of top 2 stocks

SRF FUT

Stock is being trading on its long term buy trend and formed bullish consolidation around the

resistance level. the stock may give breakout and continue to trade higher.

Daily Newsletter

Page 4

INTRADAY R1 2450

Stock Info R2 2500 R3 2550 VOLUME 1111000

LEVEL 2435.30 DAY HIGH 2427

S1 2285 DAY LOW 2311.10

S2 2175 WEEKLY LOW 2302

S3 2125 WEEKLY HIGH 2427

All over trends BULLISH

;

BPCL FUT

Stock had formed double bottom formation on daily chart with sustainable buy side volume. the

stock fut is expected to trade higher in coming trade session too.

Daily Newsletter Page 5

INTRADAY R1 413

Stock Info R2 425 R3 450 VOLUME 11163600

LEVEL 397.35 DAY HIGH 396.40

S1 380 DAY LOW 383.35

S2 370 WEEKLY LOW 375

S3 360 WEEKLY HIGH 396.40

All over trends Sideways to Positive

;

Event Calendar (07th May to 12th May)

Daily Calls

INTRADAY BASIC CALLS

DATE Service Stock Name Entry Price Exit Profit/loss

08/05/18 Future BATAINDIA FUT 797 799.7 2940

08/05/18 Future JUBLFOOD FUT 2660 2680 25000

08/05/18 Option PIDILITIND 1100 CE 20 21.50 1500

HNI CALLS

DATE Service Stock Name Entry Price Exit Profit/loss 08/05/18 Future EXIDEIND FUT 264.4 265.60 66000 08/05/18 Option MINDTREE 1020 CE 47 53.70 62400 08/05/18 Option DCBBANK 200 CE 7.50 8.25 16875

07/05/18 (Mon)

08/05/18 (tues)

09/05/18 (wed)

10/05/18 (thurs)

11/05/18 (Fri)

12/05/18 (sat)

Result

EXIDEIND, ICICIBANK, TATACHEM, VIJYABANK

ETC.

Result

ABB, HEG,

JUBLFOOD, SINTEX,

SKFINDIA, SPARC ETC.

Result

ARVIND, EICHERMOT,

JUBILANT, SINTEX ETC

Result

ADANIENT, ASIANPAINT,

KRBL, MPHASIS,

TATACOMM, TITAN ETC

Result

DENBANK, HAVELLS,

NDTV, NILKAMAL,

SUNTV, UCOBANK ETC

Result

PTCINDIA ETC.

Daily Newsletter

Page 6

Report by Senior Researcher – Miss Namrata Otwani

;

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