ELITE INVESTMENT ADVISORY SERVICES

DAILY EQUITY REPORT 28/09/2017

MARKET SUMMARY

BENCHMARK INDICES FELL OVER 1% ON WEDNESDAY, LOSING FOR SEVENTH

STRAIGHT SESSION AFTER ARMY CONDUCTED OPERATION ALONG INDIA-MYANMAR
BORDER. THE BSE SENSEX SETTLED AT A 3-MONTH LOW WHILE THE BROADER
NIFTY50 INDEX ENDED AT 1.5 MONTH LOW AHEAD OF THE SEPTEMBER F&O EXPIRY.
SENSEX SETTLED AT 31,159, DOWN 439 POINTS WHILE THE BROADER NIFTY50 INDEX
ENDED AT 9,735, DOWN 135 POINTS . THE FALL WAS DRIVEN BY SELLING PRESSURE
ACROSS SECTORS.

MARKET UPDATE

MARKET CLOSING CHANGE % CHANGE

SENSEX 31159.81 -439.95 -1.39%
NIFTY-50 9735.75 -135.75 -1.38%

DAILY STOCK RECOMMENDATIONS

CALL : SELL RUPA BELOW 390 TARGETS 386.25 , 382.5 , 378.75 STOPLOSS 397.5
:
CALL : SELL MOIL BELOW 179.7 TARGETS 178 , 176.3 , 174.6 STOPLOSS 183.1

CALL : SELL JAICORP BELOW 102.9 TARGETS 101.9 , 100.9 , 99.9 STOPLOSS 104.9

NIFTY TOP 3 GAINERS/ LOSERS

COMPANY CMP PREV. % CHG COMPANY CMP PREV. % CHG

NAME CLOSE NAME CLOSE
INFRATEL 383.55 376.40 +1.90 ADANIPOR 372.00 390.55 -4.75
TS
TCS 2495.10 2474.65 +0.83 SBIN 250.25 258.25 -3.10
TECHM 450.00 447.35 +0.59 BANKBARO 138.30 142.65 -3.05
DA

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 SECTORIAL INDICES

8
6
% CHANGE

4
2
0
-2
-4

INDEX

FII/DII ACTIVITY (22/09/2017)

INSTITUTIONS BUY VALUE SELL VALUE NET VALUE

FIIs 5383.36 6239.64 -856.28
DIIS 4231.83 2373.54 1858.29

CURRENCY UPDATE

CURRENCY CLOSING CHANGE % CHANGE

USD INR 65.70 0.27 0.41
EUR INR 77.32 0.17 0.22
GBP INR 87.99 0.16 0.18
JPY INR 58.34 -0.17 -0.29
CURRENCY UPDATE
KEY UPCOMING EVENTS

EVENT DESCRIPTION REGION FORECAST PREVIOUS

FINAL GDP Q/Q USD 3.0% 3.0%
UNEMPLOYMENT CLAIM USD 269K 259K
CURRENT ACCOUNT GBP -15.8B -16.9B

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SCRIPT R3 R2 R1 PIVOT S1 S2 S3

NIFTY-50 10204 9997 9867 9790 9660 9583 9376

NIFTY-50 TRADING STRATEGY:

NIFTY-50 CLOSED AT NEGATIVE

SIDE AND TAKE A SUPPORT FROM
THE LEVEL OF 9714.40, IF NIFTY-50
WILL CROSS THE LEVEL OF 9685.55,
IN THE NEXT TRADING SESSION. WE
RECOMMENDED SELLING FROM THE
LEVEL OF 9685.55.

SCRIPT R3 R2 R1 PIVOT S1 S2 S3

NIFTY 24591 24371 24285 24251 24065 23931 23711

BANK

NIFTY-BANK TRADING STRATEGY:

IN THE TODAYS TRADING SESSION,

NIFTY-BANK HAS TAKEN THE SUPPORT
FROM THE LEVEL OF 23766.60 AND
CLOSED AT 23812.90 , IF NIFTYBANK
WILL BE TRADE BELOW 23755.95 . IN
THE NEXT TRADING DAY, THEN WE
RECOMMENDED SELLING BELOW THE
LEVEL OF 23755.95 .

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