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24 Carat Financial Services

Advice As Pure As Gold Contact: 9826169053 (www.24Cfin.com)
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Stocks in News
NIFTY & SENSEX Closing Bell
Gainers: Tech Mahindra (+3%), Yes Bank (+2%).
Nifty closes lower for 6th straight session, 1st time
in 2017 Losers: RIL (-3%), Asian Paints, HDFC (-2%).
NSE Nifty closed at 9,491 down by 20 points, Heavyweight pharma stocks such as Sun Pharmaceu-
whereas BSE Sensex closed lower by 123 points at ticals Industries closed at Rs 545.20 per share up by
30,834. 0.29%, Cipla closed higher by 0.51% at Rs 537.05
per share and Cadila Healthcare closed higher by
BSE Mid-cap index closed higher by 0.23% at 0.67% at Rs 529.00 per share on BSE in Wednes-
14,502. BSE Small-cap index closed higher by days trade. Fortis Healthcare rallied nearly 4% as
0.13% at 15,161. India VIX closed higher by 4.1% markets buzz suggested that its diagnostic arm may
at 11.9 level. list on the bourses.
Movers and Shakers of the day
Welspun Enterprises surged nearly 7% on BSE.
The stock also hit a 52-week high value at Rs
ABG Shipyard stock zooms 5% as Liberty House
122.25. It witnessed a spurt in the volume by more
may buy company.
than 4.26 times. The stock closed higher by Rs
114.95 per share on BSE.
Unitech stock soars 10% on land asset sales
Motherson Sumi shares witnessed a jump by 1%
Ramco Systems stock rises 1% after receiving recog-
as the shareholders approved the issuance of bonus
nition from Gartner.
shares to existing shareholders. The stock ended
bearish slipping 1.55% at Rs 462.65 per share on
Raymond to invest Rs 1,400 Cr in its Amravati unit
BSE.
and open 300 new stores. Stock shines 2%.

Market Buzz Market Buzz

Mindtree Board approves buyback for up to 43.2 Fortis Healthcare stock advances 1% on a media
lakh shares at maximum Rs 625/shares. Stock ends report that its diagnostic arm is likely to list on bours-
higher by 1%. es soon.

Godrej Ind to participate in Godrej Agrovet IPO. Jagran Prakashan stock drops post Blackstone
Proposes to sell shares up to Rs 400 Cr. Groups exit.

Govt to offload 5% stake in RCF via OFS and set Steel Strips bags Rim order for approximately
floor price at Rs 74.25/share, as per media reports. 15,000 wheels steel strip. Stock up 1.5%.

RCom unit GCX partners with Sovereign Business Fed Chair Janet Yellen said the banking system is
Integration Group. "very much stronger" due to Fed supervision and
higher capital levels.

24 Carat Financial Services

Advice As Pure As Gold Contact: 9826169053 (www.24Cfin.com)
24 Carat Financial Services
NSE INDEX LEVELS

DAILY LEVELS WITH TREND

NIFTY FUT BANK NIFTY FUT NIFTY IT FUT
TREND BEARISH TREND BEARISH TREND BEARISH

9540 Resistance 1 23300 Resistance 1 10150

Resistance 1
Resistance 2 9580 Resistance 2 23500 Resistance 2 10220

Support 1 9470 Support 1 23040 Support 1 10040

Support 2 9420 Support 2 22900 Support 2 9930
Strategy SELL SELL Strategy SELL
Strategy

NIFTY PRIVATE BANK INDEX NIFTY PSU BANK INDEX NIFTY METAL INDEX

TREND BULLISH TREND BEARISH TREND BULLISH

Resistance 1 13030
Resistance 1 3340 Resistance 1 2950
Resistance 2 13100 3390
Resistance 2 Resistance 2 2990
Support 1 12930 3270
Support 1 Support 1 2900
Support 2 12850 Support 2 3240
Support 2 2860
NIFTY MIDCAP INDEX NIFTY FMCG INDEX NIFTY SERVICES INDEX

TREND BEARISH TREND BULLISH TREND BULLISH

Resistance 1 12450
Resistance 1 4500 Resistance 1 26000
Resistance 2 12520
Resistance 2 4550 Resistance 2 26300
Support 1 12290
Support 1 4420 Support 1 25850
4370 25650 Support 2 12200
Support 2 Support 2

INTERNATIONAL INDICES
INDICES PRICE CHANGE % CHANGE
DOW JONES 21340 -40 0.19%
NIKKIE 20130 -94 0.47%
HANG SANG 25683 -156 0.61%
DAX 12618 -52 0.42%
FTSE 7437 2 0.04%
SGX NIFTY 9503 0.50 0.01%
24 Carat Financial Services
Advice As Pure As Gold Contact: 9826169053 (www.24Cfin.com)
24 Carat Financial Services
NSE INDEX VIEW

NIFTY

Nifty future is looking bearish on the

charts .In todays trading session Nif-
ty traded with negative movement
and closed with overall loss of 0.11%.
Nifty has breached its important sup-
port mark of 9540 and sustaining be-
low it. In upcoming trading sessions
further down side movement can be
seen in it and it can test down side
levels of 9440 & 9400 if it breaches its
next support level of 9470.

BANK NIFTY

Bank Nifty future is looking bearish

on the charts .In todays trading ses-
sion Bank Nifty traded with sideways
movement .Bank Nifty has breached
its support level of 23400 and sustain-
ing below it. In upcoming trading
sessions further down side movement
can be seen in it and it can test down
side levels of 22900 & 22800 if it
breaches its next support level of
23000.

24 Carat Financial Services

Advice As Pure As Gold Contact: 9826169053 (www.24Cfin.com)
24 Carat Financial Services
TECHNICAL RECOMMENDATION

DAILY CHART

STRATEGY & RECOMMENDATION

PVR NSE cash is looking bearish on the charts. Stock has formed H&S price pattern. In
up coming session it can test down side levels of 1380 & 1360 if it breaches its support
level of 1400

Recommendation:

SELL PVR NSE CASH BELOW 1400 WITH SL OF 1420 & TG 1380 & 1360.

24 Carat Financial Services

Advice As Pure As Gold Contact: 9826169053 (www.24Cfin.com)
24 Carat Financial Services
TECHNICAL RECOMMENDATION

DAILY CHART

STRATEGY & RECOMMENDATION

ARVIND FUT is looking bearish on the charts . In upcoming trading session it can test down
side levels of 915 & 910 if it breaches the next support level of 920.

Recommendation:

SELL INFY FUT BELOW 920 WITH SL OF 930 TG1 910 TG2 900.

24 Carat Financial Services

Advice As Pure As Gold Contact: 9826169053 (www.24Cfin.com)
24 Carat Financial Services
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24 Carat Financial Services

Advice As Pure As Gold Contact: 9826169053 (www.24Cfin.com)