choicebroking #Equitybazaar: Today, We may witness flattish to mild negative opening in Nifty around 7700 level on back of SGX Nifty and other Asian counters which is trading on mild negative note today.

1. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Intraday
Today, We may witness flattish to mild negative opening in Nifty
around 7700 level on back of SGX Nifty and other Asian counters
which is trading on mild negative note today.
The benchmark index -- Nifty has ended lower on Wednesday on
account of selling by market participants in the blue chips stocks
such as Adani ports and Tata Motors amid weak cues from the
global cues. Investor’s sentiment remained subdued with a report
that India's services firms fell to a four-month low of 53.7 in April
from 54.3 in March on the back of new business growing slower
than the previous months. Further, persistent selling by foreign
institutional investors, fall in global commodity prices and
weakness in the rupee against dollar too weighed down
sentiments. Meanwhile, International Monetary Fund (IMF) has
said that financial inequality is highest in India and China among
Asia Pacific countries despite the two being among the fastest
growing economies.
The gainer in Nifty index HDFC, NTPC, AUROPHARMA, INFY,
HCLTECH. While on the other hand, top losers were COALINDIA,
LUPIN, BHEL, AMBUJACEM, ICICIBANK.
5th May' 2016
SENSEX 25,101 -0.51%
NIFTY 7,706 -0.52%
SGX Nifty* 7,728 0.06%
Global Indices
Dow Jones 17,651 -0.56%
Nasdaq 4,725 -0.78%
FTSE 6,112 -1.19%
DAX 9,828 -1.00%
Straits Times 2,764 -0.33%
Nikkei 225 16,147 -
Hang Seng 20,447 -0.38%
Commodities
Gold 29,991 -0.78%
Silver 41,291 -0.77%
Natural Gas 144 3.07%
Crude Oil 2,901 -0.38%
Currency
Dollar / Rupee 66.55 0.20%
Euro / Rupee 76.52 0.01%
Pound / Rupee 96.59 0.05%
Volumes Rs.mn
Cash BSE 24,868 -9.00
Cash NSE 160,190 -13.00
FII Activities Rs.Cr.
Purchase Sale Net
4724 5,176 -451
MF Activities Rs.Cr.
Purchase Sale Net
595 164 431
Indian Markets
*Sources- Bloomberg, Moneycontrol, Zeebusiness, livemint

2. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Outlook
BankNifty Outlook
21 DEMA 7781
50 DEMA 7565
100 DEMA 7564
Moving Averages
L1 L2 L3
R 7738 7769 7790
S 7686 7665 7634
L1 L2 L3
R 17137 15090 13715
S 13285 14660 13070
21 DEMA 16283
50 DEMA 15549
100 DEMA 15701
Moving Averages
 BankNifty closed at 16274 with loss of -0.70%. BankNifty opened on mild negative note, price movement
was oscillating between tight range before dip in post noon.
 Stock has breached its 250 days long term moving average however sustainability below moving average
will be essential for further confirmation.
 Among BankNifty index 8 banking stock ended on negative note, major spoil factor was played by public
sector banks.
 Going forward, based on candle formation it seems that negative bias still prevail in banknifty and down
side support will be at 16100 level.
5th May' 2016
 Nifty opened on mild negative note, price movement was oscillating between tight range before dip in
post noon. Nifty closed at 7706 level with loss of -40 points.
 Nifty continued to form bear candle on 5th consecutive session. Nifty has started to sustain below its 21
day & 250 day moving average.
 Momentum oscillator RSI has posted reading at 47 level which is below support low of 50. Sustainability
below 50 level will open further room on negative side.
 Going forward, price action suggests negativity likely to prevail in market. Sustainability below 7700 level
nifty likely to fall upto 7600 to 7580 level.

3. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Derivative Front:
The VIX decreased by 0.10% and reached 17.44. The 50-share
Nifty was down by 40.45 points or 0.52% to settle at
7,706.55.
The top gainers from the F&O segment were The Federal
Bank, Petronet LNG and Housing Development Finance
Corporation. On the other hand, the top losers were Adani
Ports and Special Economic Zone, Indo Count Industries and
Steel Authority of India. In the index options segment,
maximum OI was being seen in the 7800-8300 calls and 7000-
7800 puts. In today's session, while the traders preferred to
exit 7700 put, heavy buildup was seen in the 7500 put. On the
other hand, traders exited from 8200 Call, while 8100 call
witnessed considerable OI addition.
The Nifty PCR finally stood at 0.79 for May month contract.
The top five scrips with highest PCR on OI were Indian
Overseas Bank (1.94), KPIT Technologies (1.76), CONCOR
(1.785), United Breweries (1.36) and Indusind Bank (1.05).
Long Built Up
Symbol Close Price Chng % OI Chng % Buy Above
BIOCON 621.55 1.36 6.01 629.17
MCDOWELL-N 2496.00 1.23 4.34 #N/A
FEDERALBNK 49.10 4.25 3.72 50.40
JETAIRWAYS 628.05 0.54 2.51 633.93
Short Covering
Symbol Close Price Chng % OI Chng % Buy Above
TVSMOTOR 289.55 0.05 -23.06 295.59
MRF 33893.15 1.15 -9.78 34227.00
NTPC 139.25 1.24 -5.02 140.15
INDUSINDBK 1044.6 0.19 -4.07 1051.07
Short Built Up
Symbol Close Price Chng % OI Chng % Sell Below
ICIL 955.10 -10.61 19.26 #N/A
UBL 740.20 -4.77 11.96 754.93
IOB 28.80 -5.88 10.17 29.64
ADANIPORTS 208.7 -11.89 9.73 219.38
Long Liquidation
Symbol Close Price Chng % OI Chng % Sell Below
IOC 414.00 -1.98 -5.84 422.19
5th May' 2016

4. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Symbols CLOSE R3 R2 R1 P S1 S2 S3 Trend Action
ACC 1401 1450 1428 1415 1406 1393 1385 1363 Down Sell
ADANIPORTS 207 274 245 226 216 197 187 158 Down Sell
AMBUJACEM 215 224 220 217 216 213 211 207 Down Sell
ASIANPAINT 872 902 887 880 872 865 857 842 Up Buy
AUROPHARMA 815 835 823 819 811 807 799 787 Up Buy
AXISBANK 465 485 475 470 465 460 455 446 Down Sell
BAJAJ-AUTO 2456 2522 2492 2474 2463 2445 2433 2403 Down Sell
BANKBARODA 149 164 157 153 151 146 144 137 Down Sell
BHARTIARTL 361 383 373 367 363 357 353 343 Down Sell
BHEL 120 132 127 123 121 118 115 110 Down Sell
BOSCHLTD 19330 19940 19656 19493 19372 19209 19088 18805 Down Sell
BPCL 949 989 970 960 951 941 933 914 Down Sell
CIPLA 532 559 547 539 534 527 522 509 Down Sell
COALINDIA 279 296 287 283 278 274 269 260 Up Buy
DRREDDY 2940 3018 2979 2960 2940 2921 2901 2862 Up Buy
EICHERMOT 19700 20760 20279 19990 19799 19509 19318 18838 Down Sell
GAIL 365 386 376 371 366 361 356 346 Down Sell
GRASIM 4135 4250 4190 4163 4130 4103 4071 4011 Up Buy
HCLTECH 735 762 748 742 734 727 720 705 Up Buy
HDFC 1131 1202 1162 1146 1122 1106 1082 1042 Up Buy
HDFCBANK 1126 1165 1145 1136 1125 1115 1105 1084 Up Buy
HEROMOTOCO 2894 2967 2932 2913 2896 2878 2861 2826 Down Sell
HINDALCO 92 103 98 95 93 90 88 82 Down Sell
HINDUNILVR 855 875 864 859 852 847 840 828 Up Buy
ICICIBANK 214 231 224 219 216 212 209 201 Down Sell
IDEA 121 127 123 122 120 118 116 112 Up Buy
INDUSINDBK 1043 1075 1057 1050 1040 1032 1022 1004 Up Buy
INFRATEL 376 399 388 382 378 371 367 356 Down Sell
INFY 1190 1229 1207 1198 1185 1176 1162 1140 Up Buy
ITC 311 332 323 317 313 307 304 295 Down Sell
KOTAKBANK 711 744 728 719 712 704 696 681 Down Sell
LT 1242 1282 1265 1253 1247 1235 1229 1211 Down Sell
LUPIN 1582 1640 1609 1595 1578 1564 1547 1516 Up Buy
M&M 1319 1366 1342 1330 1318 1307 1294 1270 Up Buy
MARUTI 3810 3913 3865 3837 3817 3789 3769 3721 Down Sell
NTPC 139 144 141 140 138 137 135 132 Up Buy
ONGC 210 222 217 214 212 208 207 201 Down Sell
POWERGRID 143 149 146 144 143 141 140 137 Down Sell
RELIANCE 976 999 988 982 978 971 967 956 Down Sell
SBIN 180 192 186 183 181 178 176 171 Down Sell
SUNPHARMA 804 838 818 811 799 792 780 760 Up Buy
TATAMOTORS 383 440 415 399 390 374 364 339 Down Sell
TATAMTRDVR 282 326 306 294 287 275 268 248 Down Sell
TATAPOWER 71 75 73 72 71 70 69 67 Down Sell
TATASTEEL 330 374 355 342 335 322 315 295 Down Sell
TCS 2478 2550 2513 2496 2476 2459 2439 2402 Up Buy
TECHM 465 488 477 471 465 459 454 442 Down Sell
ULTRACEMCO 3175 3250 3217 3196 3184 3163 3151 3118 Down Sell
WIPRO 541 553 547 544 540 538 534 528 Up Buy
YESBANK 917 961 941 929 922 910 902 883 Down Sell
5th May' 2016

5. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
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5th May' 2016
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Date: 2016.05.05 08:28:30 +05'30'