Equity weekly report 4 september to 8 september 2017

WEEKLY REPORT

4 September to 8 September

Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square

Indore-452001 (M.P.) India Mobile :+91-9039261444

E-mail: [email protected] Telephone :+91-731-698.3000

4th September. to 8th September.

2017

mailto:[email protected]

WEEKLY REPORT


2

MARKET SUMMARY

It was a good start to the September series on Friday as the Nifty moved closer to the

psychological 10,000-mark despite sluggish economic growth in Q1FY18, driven by au-

tos (after strong August sales data) and pharma stocks. Positive global cues also led

support to the market . The 30-share BSE Sensex was up 161.74 points at 31,892.23 and

the 50-share NSE Nifty gained 56.50 points at 9,974.40. The Nifty Metal index also

gained 2 percent due to rally in global steel prices. Hindalco Industries, Nalco, Jindal

Steel, Hindustan Zinc, SAIL, Tata Steel and Vedanta rallied 2-4 percent.

INDIAN SECTORIAL INDICES

INDICES % CHANGE

(weekly)

NIFTY AUTO 10823.60(2.38)

NIFTY FINANCE 10103.30(0.62)

NIFTY FMCG 25906.75(1.37)

NIFTY IT 10514.40(0.09)

NIFTY COMSUMP 4549.75(2.05)

NIFTY METAL 3542.50(3.76)

NIFTY PHARMA 9071.70(1.90)

NIFTY INFRA 3327.80(0.63)

NIFTY ENERGY 13218.75(2.20)

NIFTY REALTY 287.65(5.11)

INDICES VALUE CHANGE (weekly) % CHANGE

(weekly)

NIFTY 9974.40 61.60 0.62

SENSEX 31892.23 141.41 0.45

BANK NIFTY 24434.00 56.90 0.23

INDIAN MARKETS

WEEKLY REPORT


3

Losers of the Week

Symbol CMP % change

BOB 138.25 -3.22

BHARTI AIRTE. 422.55 -2.40

POWER GRID 216.50 -2.01

M&M 1347.60 -2.00

TCS 2456.45 -1.61

Gainers of the Week

Symbol CMP % change

ASIAN PAINTS 1215.90 7.07

BAJAJ AUTO 2916.35 6.88

DR REDDYS 2217.55 6.20

BPCL 537.40 5.75

VEDANTA 314.95 5.49

GLOBAL INDICES WEEKLY

U.S.

DJIA S&P 500 NASDAQ

21990.00(0.69% ) 2469.00(1.07% ) 6435.33(2.70% )

EUROPEAN

CAC 40 DAX FTSE 100

5123.26(0.37%) 12142.64(-0.20%) 7438.50(0.50)

ASIAN

NIKKEI HANG SENG SHANGHAI COM.

19691.47(1.22%) 27953.16(0.37%) 3367.30(1.06%)

MOVERS & SHAKERS LAST WEEK

INDIAN CURRENCY WEEKLY

USD-INR EUR-INR GBP-INR JPY-INR USD INDEX

64.18

(0.23%)

76.54

(1.35%)

83.08

(1.16%)

58.29

(-0.46%)

92.82

(0.37%)

WEEKLY REPORT


4

CORPORATE ACTIONS THIS WEEK

SYMBOL PURPOSE DATE SYMBOL PURPOSE DATE


SYMBOL PURPOSE DATE

HINDCOMPOS AGM/Dividend 4-Sep-17

RATNAMANI AGM/Dividend 4-Sep-17

SALORAINTL AGM 4-Sep-17

INDUSFILA AGM 4-Sep-17

MUKTAARTS AGM 4-Sep-17

PREMIER AGM 4-Sep-17

VIPCLOTHNG AGM 4-Sep-17

ASTRAZEN AGM 4-Sep-17

TECHNO AGM 4-Sep-17

JAICORPLTD AGM/Dividend 4-Sep-17

ADVENZYMES AGM/Dividend 4-Sep-17

SPTL AGM 4-Sep-17

SINTEX AGM/Dividend 4-Sep-17

RELCAPITAL Scheme Of Arrangement 5-Sep-17

NDTV AGM 5-Sep-17

HINDALCO AGM/Dividend 5-Sep-17

ASAHISONG AGM 5-Sep-17

DATAMATICS Dividend 5-Sep-17

ORCHIDPHAR AGM 5-Sep-17

XCHANGING AGM 5-Sep-17

CARERATING Dividend 5-Sep-17

STARPAPER AGM/Dividend 5-Sep-17

CASTROLIND Dividend 5-Sep-17

TIPSINDLTD AGM/Dividend 5-Sep-17

CORALFINAC AGM/Dividend 6-Sep-17

SYMBOL PURPOSE DATE

STARCEMENT AGM 6-Sep-17

KCPSUGIND AGM/Dividend 6-Sep-17

JPPOWER AGM 6-Sep-17

BALKRISIND AGM/Dividend 6-Sep-17

BALMLAWRIE AGM/Dividend 6-Sep-17

ANTGRAPHIC AGM 6-Sep-17

BANSWRAS AGM/Dividend 6-Sep-17

JAIBALAJI AGM 6-Sep-17

TTL AGM 6-Sep-17

ASIANTILES AGM/Dividend 6-Sep-17

RADIOCITY AGM 6-Sep-17

AKSHARCHEM AGM 6-Sep-17

SHYAMCENT AGM 6-Sep-17

BEARDSELL AGM 6-Sep-17

PNBGILTS AGM/Dividend 7-Sep-17

ARROWGREEN AGM/Dividend 7-Sep-17

BANCOINDIA Dividend 7-Sep-17

NAGREEKEXP AGM 7-Sep-17

ORIENTALTL AGM 7-Sep-17

STAR AGM/Dividend 7-Sep-17

SUBROS AGM/Dividend 7-Sep-17

ORIENTABRA Dividend 7-Sep-17

ORIENTABRA AGM 7-Sep-17

GANESHHOUC AGM/Dividend 7-Sep-17

HINDNATGLS AGM 7-Sep-17

NAGREEKCAP AGM 7-Sep-17

WEEKLY REPORT


5




SYMBOL PURPOSE DATE

TANLA AGM/Dividend 7-Sep-17

BLBLIMITED AGM 7-Sep-17

APOLLOHOSP AGM/Dividend 7-Sep-17

NTPC AGM/Dividend 7-Sep-17

FMNL AGM 7-Sep-17

PETRONET AGM/Dividend ) 7-Sep-17

NAHARINDUS Dividend 7-Sep-17

RELIANCE Bonus 1:1 7-Sep-17

RKFORGE AGM/Dividend 7-Sep-17

MERCATOR Dividend 7-Sep-17

ELECTCAST Dividend 7-Sep-17

INDBANK AGM 7-Sep-17

MANAKSIA Interim Dividend 7-Sep-17

VHL Dividend 7-Sep-17

NBCC AGM/ Dividend 7-Sep-17

VSSL AGM 7-Sep-17

AFL AGM 7-Sep-17

SUMMITSEC AGM 7-Sep-17

TEXRAIL AGM/Dividend 7-Sep-17

SUNDARAM AGM 7-Sep-17

BAJAJHIND AGM 7-Sep-17

GODFRYPHLP AGM/Dividend 7-Sep-17

ORISSAMINE AGM/Dividend 7-Sep-17

MOIL AGM/Dividend 7-Sep-17

ALCHEM AGM 7-Sep-17

HCL-INSYS AGM 7-Sep-17

ESCORTS Dividend 7-Sep-17

ZENITHEXPO AGM 7-Sep-17

VTL AGM/Dividend 7-Sep-17

SEPOWER AGM 7-Sep-17

VARDHACRLC Dividend 7-Sep-17

PRESSMN AGM/Dividend 7-Sep-17

SREEL AGM 7-Sep-17

CAPLIPOINT AGM/Dividend 7-Sep-17

GULFOILLUB Dividend 7-Sep-17

NBIFIN AGM/Dividend 7-Sep-17

GOKULAGRO AGM 7-Sep-17

CONTROLPR AGM/Dividend 7-Sep-17

NEPCTEX AGM 7-Sep-17

WHIRLPOOL AGM/Dividend 8-Sep-17

BIGBLOC AGM/Dividend 8-Sep-17

NELCO AGM 8-Sep-17

EASTSUGIND AGM 8-Sep-17

KAMATHOTEL AGM 8-Sep-17

KRBL AGM/Dividend 8-Sep-17

AROGRANITE AGM/Dividend 8-Sep-17

DAAWAT Dividend 8-Sep-17

ORIENTREF AGM/Dividend 8-Sep-17

INDORAMA AGM 8-Sep-17

SYMBOL PURPOSE DATE

WEEKLY REPORT


6

CORPORATE ACTIONS THIS WEEK CORPORATE ACTIONS THIS WEEK



SYMBOL PURPOSE DATE

AGRODUTCH Results/Others 4-Sep-17

THEMISMED Results 4-Sep-17

SHREEPUSHK Board Meeting Postponed 4-Sep-17

UNITEDTEA Results 4-Sep-17

MANALIPETC Results 4-Sep-17

SALASAR Results 4-Sep-17

NATNLSTEEL Results/Dividend 4-Sep-17

KANANIIND Results/Others 4-Sep-17

JBMA Results 4-Sep-17

HINDSYNTEX Results 4-Sep-17

FIEMIND Results 4-Sep-17

GANDHITUBE Results 4-Sep-17

20MICRONS Results 4-Sep-17

AEGISCHEM Results 5-Sep-17

SKIPPER Results/Others 5-Sep-17

SHARDAMOTR Results 5-Sep-17

TNPETRO Results 5-Sep-17

ORTEL Results 5-Sep-17

ORIENTABRA Results 5-Sep-17

REVATHI Results 5-Sep-17

GILLANDERS Results/Others 5-Sep-17

DCM Results 6-Sep-17

ZODIACLOTH Results 6-Sep-17

SICAGEN Results 6-Sep-17

PARAPRINT Board Meeting Postponed 6-Sep-17

S&SPOWER Board Meeting Postponed 6-Sep-17

PRECWIRE Results/Others 6-Sep-17

MTEDUCARE Results 6-Sep-17

KAKATCEM Results 6-Sep-17

JAYSREETEA Results 6-Sep-17

KOTHARIPET Results 6-Sep-17

HITECHGEAR Results 6-Sep-17

INDOTECH Results 6-Sep-17

INDIANHUME Results 6-Sep-17

BLISSGVS Results 6-Sep-17

CINELINE Results 6-Sep-17

BUTTERFLY Results 6-Sep-17

DIGJAMLTD Results 6-Sep-17

ASSAMCO Results 7-Sep-17

XPROINDIA Results 7-Sep-17

VAIBHAVGBL Results 7-Sep-17

UTTAMSUGAR Results 7-Sep-17

SHREYANIND Results 7-Sep-17

STERTOOLS Results/Dividend 7-Sep-17

SPIC Results 7-Sep-17

SALORAINTL Results 7-Sep-17

PODDARMENT Results 7-Sep-17

PLASTIBLEN Results 7-Sep-17

KOTARISUG Results 7-Sep-17

SYMBOL PURPOSE DATE

WEEKLY REPORT


7

CORPORATE ACTIONS THIS WEEK CORPORATE ACTIONS THIS WEEK



SYMBOL PURPOSE DATE

GLOBALVECT Results 7-Sep-17

GINNIFILA Results 7-Sep-17

ACE Results 7-Sep-17

AICHAMP Results 8-Sep-17

UFO Results 8-Sep-17

MANAKCOAT Results 8-Sep-17

MANAKALUCO Results 8-Sep-17

OMAXAUTO Results 8-Sep-17

PODDARHOUS Results 8-Sep-17

LINCPEN Results 8-Sep-17

LAMBODHARA Results 8-Sep-17

KESARENT Results 8-Sep-17

KECL Results 8-Sep-17

HIRECT Results 8-Sep-17

INDTERRAIN Results 8-Sep-17

HOTELEELA Results 8-Sep-17

HONDAPOWER Results 8-Sep-17

INTEGRA Results 8-Sep-17

FORTUNEFIN Results/Others 8-Sep-17

FMGOETZE Results 8-Sep-17

FACT Results 8-Sep-17

EKC Results/Others 8-Sep-17

21STCENMGM Results 8-Sep-17

BANSWRAS Results 8-Sep-17

CELEBRITY Results 8-Sep-17

CCCL Results 8-Sep-17

ASHAPURMIN Results 8-Sep-17

ARENTERP Board Meeting Postponed 8-Sep-17

ALPSINDUS Results/Others 8-Sep-17

DENORA Results 8-Sep-17

SYMBOL PURPOSE DATE

WEEKLY REPORT


8

TECHNICAL VIEW

NIFTY FUTURE for the entire week remained volatile. The index fell because of Infosys CEO exit tried but soon recovered losses in

last two sessions. The index is respecting it’s trend line support every time. And it has also closed in green on weekly chart. So we

advise to buy Nifty future from around 9980 for 10140 and 10300 with strict stop loss of 9700.

NIFTY WEEKLY OUTLOOK

WEEKLY

R3 10406.25

R2 10171.10

R1 10089.20

Pivot 9935.95

S1 9854.05

S2 9700.80

S3 9465.65

WEEKLY

CLOSE 10007.30

OPEN 9905.45

HIGH 10017.85

LOW 9782.70

CHANGE 134.05

%

CHANGE 1.35

WEEKLY REPORT


9

TECHNICAL VIEW

BANKNIFTY FUTURE as compared to Nifty index had a reserved performance but finally closed in green with better volumes on

buying side. Now it seems to be in state of reversal from channel line support. So we advise you to buy it above 24500 for 24800 and

25100 with strict stop loss of 24100.

NIFTY BANK WEEKLY OUTLOOK

WEEKLY

R3 25254.65

R2 24809.75

R1 24646.60

Pivot 24364.85

S1 24201.70

S2 23919.95

S3 23475.05

WEEKLY

CLOSE 24483.45

OPEN 24381.00

HIGH 24528.00

LOW 24083.10

CHANGE 153.15

%

CHANGE 0.62

WEEKLY REPORT


10

TECHNICAL VIEW

AUROPHARMA FUTURE ( BUY ) (28–SEPTEMBER-2017)

AUROPHARMA FUTURE seems to be bullish for this week. The stock has been rallying consistently since two weeks and this week

it crossed strong resistance of 61.8% and closed above it with a bullish candlestick with heavy volume. Other indicators like RSI and

Moving averages are also indicating buy signal. So buy it if it keeps sustaining above 760 for 785 and 810 with strict stop loss of 730.

WEEKLY RECOMMENDATIONS AUROPHARMA FUTURE

WEEKLY

R3 835.05

R2 793.05

R1 777.90

Pivot 751.05

S1 735.90

S2 709.05

S3 667.05

WEEKLY

CLOSE 762.75

OPEN 736.80

HIGH 766.20

LOW 724.20

CHANGE 28.65

%

CHANGE 3.90

WEEKLY REPORT


11

TECHNICAL VIEW

NATIONAL ALLUMINIUM ( BUY) (28–SEPTEMBER-2017)

NATIONAL ALLUMINIUM FUTURE looks good for coming few sessions, as it has crossed resistance with very heavy volumes and

on daily and weekly charts it has closed very positive. On weekly charts also the candlestick seems to be strong as it has closed above

all near resistance and above 38.2% retracement. So buy it above 75.5 for 79.5 and 86 with strict stop loss of 69.

WEEKLY RECOMMENDATIONS NATIONAL ALLUMINIUM FUTURE

WEEKLY

R3 88.78

R2 80.83

R1 78.07

Pivot 72.88

S1 70.12

S2 64.93

S3 56.98

WEEKLY

CLOSE 75.30

OPEN 69.90

HIGH 75.65

LOW 67.70

CHANGE 5.35

%

CHANGE 3.33

WEEKLY REPORT


12

TECHNICAL VIEW

HTMEDIA (BUY)

HTMEDIA looks good for coming week, it has moved with huge number of volumes since past two sessions and on weekly charts it

has closed with completely bullish candlestick and above 38.2% retracement, which is also the neckline resistance of “Double Bot-

tom” price pattern. So buy it above 100 for the targets of 107 and 115 with strict stop loss of 94.

OUR WEEKLY RECOMMENDATIONS HTMEDIA (CASH)

WEEKLY

R3 122.20

R2 109.55

R1 104.50

Pivot 96.90

S1 91.85

S2 84.25

S3 71.60

WEEKLY

CLOSE 99.45

OPEN 93.50

HIGH 101.95

LOW 89.30

CHANGE 7.80

%

CHANGE 8.51

WEEKLY REPORT


13

TECHNICAL VIEW

TVTODAY NETWORK LTD (BUY)

TVTODAY NETWORK LTD, after consolidation of around 12 trading sessions jumped in last session with heavy volumes and

closed with a bullish candlestick. The stock on weekly chart is showing strength as it has closed above many previous resistances. So

buy it around 255 for targets of 270 and 285 with strict stop loss of 236.

WEEKLY RECOMMENDATIONS TVTODAY NETWORK LTD (CASH)

WEEKLY

R3 290.37

R2 271.12

R1 263.48

Pivot 251.87

S1 244.23

S2 232.62

S3 213.37

WEEKLY

CLOSE 255.85

OPEN 242.00

HIGH 259.50

LOW 240.25

CHANGE 13.25

%

CHANGE 5.46

WEEKLY REPORT


14

STATUS OF OUR LAST WEEKLY RECOMMENDATIONS

SYMBOL DR REDDY

SEGMENT FUTURE

BUY 2080

TG1 2200

TG2 2350

SL 1900

ACHIEVED 1ST TGT HIGH IS

2231.90

SYMBOL BEL FUTURE

SEGMENT FUTURE

BUY 188.50

TG1 192.50

TG2 197.00

SL 183.00

ACHIEVED 1ST TGT HIGH IS 195

SYMBOL APTECH LTD

SEGMENT CASH

BUY 295

TG1 310

TG2 330

SL 275

ACHIEVED NEAR TO 2ND TGT

HIGH IS 326.40

SYMBOL FUTURE ENTER

SEGMENT CASH

BUY 43.50

TG1 45.00

TG2 48.00

SL 41.25

ACHIEVED ALMOST 2 ND TGT

HIGH IS 47.8

SYMBOL NIFTY FUTURE

SEGMENT INDEX

BUY 9900

TG1 10100

TG2 10300

SL 9700

ACHIEVED CLOSE PRICE 10003

SYMBOL BANK NIFTY FUTURE

SEGMENT INDEX

BUY 24450

TG1 24700

TG2 25000

SL 23900

ACHIEVED CLOSE PRICE

24478.90

WEEKLY REPORT


15

VEDANTA Metals and mining conglomerate Vedanta Resources has plans to invest around Rs. 50,000 crore on business expansion in India in coming years .

Vedanta Resources recently merged Cairn India with group company Vedanta Ltd.

ADITYA BIRLA GROUP The diversified Aditya Birla Group, successfully listed its amalgamated financial services arm Aditya Birla Capital, is planning to

enter the asset reconstruction business as it sees this business as growth vertical .

COAL INDIA The coal workers' unions and management of Coal India Ltd (CIL) could not reach consensus to sign a wage agreement . The meeting between

miner's management and unions ended late in the evening. The next round of talks will be held on September 18.

CADILA HEALTHCARE Zydus Cadila has informed that the company has received final approval from the US FDA for Mycophenolate Mofetil for Injection

USP.

WELSPUN ENTERPRISES Receives letter of award from NHAI for highway project in Bihar . Company will develop the project stretch of 8.15 km at a bid

project cost of Rs 1,161 crore.

GENUS POWER Relaince MF purchases 15 lakh shares in the company . Already holds 1.2 crore shares.

RANE HOLDINGS Acquires of 70 percent shareholding in Telematics 4U Services Private Limited (T4U) .

SHANKARA BUILDING PRODUCTS starts new processing facility and relocates one of its existing facility .

IRB INFRASTRUCTURE board has approved the proposed sale of IRB Pathankot Amritsar Toll Road (IPATRL) to the IRB InvIT Fund (the 'Trust'), at an en-

terprise value of Rs 1,569 crore .

V GUARD INDUSTRIES has acquired 74 percent equity shares of GUTS Electro-Mech Limited,vide share purchase and subscription agreement.

STRIDES SHASUN subsidiary Arrow Pharma acquires Amneal Pharmaceuticals for a consideration of AUD 17 million .

CCL PRODUCTS gets approval for setting up of freeze dried instant coffee manufacturing unit at Chittoor District, Andhra Pradesh .

EMAMI board approves raising funds for future expansion or acquisition upto Rs 250 crore through various means .

AJANTA PHARMA announced launch of eletriptan hydrobromide tablets, used to treat headaches, in the US market. "It is a bioequivalent generic version of

Relpax tablets. .

RELIANCE INDUSTRIES it will make an offer for issuing non-convertible debentures (NCDs) worth Rs. 2,500 crore next week. "Pursuant to the authority

given by the shareholders of the company at the Annual General Meeting.

JAIPRAKASH ASSOCIATES to complete sale of Bhilai plant at year-end for an enterprise value of Rs 1,450 crore .

STOCKS IN NEWS

WEEKLY REPORT


16

SYMBOL WEEK

CLOSE

SUPPORT ZONE PIVOT

POINT

RESISTANCE ZONE

SUP.2 SUP.1 RES.1 RES.2

NIFTY 9974.4 9714.2 9844.3 9913.9 10044 10113.6 9510.1 9592.3 9308.6 9226.4

ACC 1819.3 1761.1 1790.2 1811.1 1840.2 1861 1719.5 1767.5 1616.5 1568.5

AMBUJACEM 281.6 268.7 275.1 280 286.5 291.4 259.7 268.2 241.7 233.2

ASIANPAINT 1215 1093.8 1154.4 1186.7 1247.3 1279.6 1160.9 1190.9 1068.9 1038.9

AXISBANK 508.5 492.2 500.3 506.6 514.7 521 510.2 518.5 482 473.7

BAJAJ-AUTO 2917 2621 2769 2852 3000 3083 3029.7 3089.3 2886.5 2826.9

BANKBARODA 138.4 131.8 135.1 140.5 143.8 149.2 195 201.2 179 172.8

BHARTIARTL 423 410.5 416.8 427.5 433.7 444.4 382.6 392.2 351.8 342.2

BHEL 130 124.8 127.4 129 131.6 133.1 171.7 178.7 155.2 148.2

BPCL 536.2 486.2 511.2 525.5 550.5 564.9 726.3 749.2 677.2 654.3

CAIRN - - - - - - - - - -

CIPLA 568.3 551.4 559.9 570.4 578.9 589.4 572.2 580.1 548.8 540.9

COALINDIA 239 231.3 235.1 239.7 243.6 248.2 281.7 287.2 268.9 263.4

DRREDDY 2212 1923.3 2067.7 2150.3 2294.7 2377.3 2745.9 2836.9 2500.9 2409.9

GAIL 383.5 364.2 373.8 381.9 391.5 399.6 412.9 424.5 384.5 372.9

GRASIM 1170 1062.7 1116.4 1177.3 1230.9 1291.8 1171.1 1216.3 1054.8 1009.6

HCLTECH 867.7 819.5 843.6 864.3 888.4 909.1 864.1 883.2 823.1 804

HDFC 1760 1697 1728.5 1756.5 1788 1815.9 1561 1595.4 1480.9 1446.5

HDFCBANK 1765 1718 1741.5 1761.5 1785 1804.9 1577.9 1587.7 1532.4 1522.6

HEROMOTOCO 4036.1 3735.3 3885.7 3988.8 4139.2 4242.3 3668.9 3772.9 3387.2 3283.2

HINDALCO 244 220.1 232.1 238.5 250.5 256.9 199.2 207 178.3 170.5

HINDUNILVR 1215.8 1161.7 1188.7 1205.8 1232.8 1249.8 1026.4 1048.7 952.3 930

ICICIBANK 298.3 293.6 295.9 299.4 301.7 305.2 313.9 320.7 291.4 284.6

IDEA 88.5 84.1 86.3 88.9 91.1 93.6 92.7 97.4 79.8 75.1

IDFC 57.8 52.4 55.1 56.7 59.4 61.1

INDUSINDBK 1689.1 1616.6 1652.8 1674.3 1710.5 1732

INFY 919.9 884 901.9 927.9 945.9 971.9

ITC 283.9 277.5 280.7 282.5 285.7 287.6

SYMBOL WEEK

CLOSE

SUPPORT ZONE PIVOT

POINT

RESISTANCE ZONE

SUP.2 SUP.1 RES.1 RES.2

KOTAKBANK 989.5 947.1 968.3 983.2 1004.4 1019.3

LT.BO 1138.4 1109.9 1124.1 1139.3 1153.5 1168.6

LUPIN 996 958.5 977.3 993.3 1012.1 1028.1

M&M 1346.8 1300.6 1323.7 1356.1 1379.2 1411.7

MARUTI 7807 7372.5 7589.7 7712.3 7929.6 8052.2

NMDC 133.1 116.5 124.8 129 137.3 141.5

NTPC 168.1 158.4 163.2 168.6 173.5 178.9

ONGC 160.1 153.8 156.9 159.2 162.3 164.5

PNB 144.3 137.8 141.1 143.5 146.8 149.2

POWERGRID 216.3 209.9 213.1 217 220.2 224.1

RELIANCE 1612 1499.6 1555.8 1586.2 1642.4 1672.8

SBIN 278 270.2 274.1 278.1 282 286

SUNPHARMA 485.5 464.1 474.8 487.3 498 510.6

TATAMOTORS 391 367.7 379.4 386.1 397.8 404.5

TATAPOWER 79.9 75.1 77.5 79.1 81.5 83.1

TATASTEEL 650.9 619.1 635 643.9 659.8 668.7

TCS 2460.6 2398.7 2429.6 2467.5 2498.5 2536.4

TECHM 424 414.1 419.1 427.5 432.5 440.9

ULTRACEMCO 4001 3861.8 3931.4 3985.6 4055.2 4109.5

VEDANTA 315 291 303 309 321 327

WIPRO 296 284.6 290.3 295.4 301.1 306.2

YESBANK 1770.5 1685.6 1728.1 1754 1796.5 1822.4

ZEEL 523.5 503.7 513.6 520.3 530.2 536.9

WEEKLY PIVOT TABLE

WEEKLY REPORT


17

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investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this

document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment

in the securities of the companies referred to in this document including the merits and risks involved, and should consult

their own advisors to determine the merits and risks of such an investment.

Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding posi-

tions and trading volume. The information in this document has been printed on the basis of publicly available information,

internal data and other reliable sources believed to be true, but we do not represent that it is accurate or complete and it

should not be relied on as such, as this document is for general guidance only. Trade Nivesh shall not be in any way respon-

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Equity weekly report 4 september to 8 september 2017