The key points from the document are: - Indian stock market indices ended lower on the day, breaking a seven day winning streak, with the Sensex down 0.84% and Nifty down 0.95%. - Wholesale price inflation in March was at -2.33%, the lowest level in over a decade. - Nifty futures were unable to test the 8900 level and saw a sharp correction towards 8750, with further downside risk to 8710 and support at 8750 and 8700. Resistance was seen between 8830 and 8870.

1. 16APRIL 15
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2. S
S
INDEX VALUE CHANGE %
SENSEX 28799 -244 -0.84
NIFTY 8750 -83 -0.95
BANK NIFTY 18716 73 -0.44
INDIA VIX 14.62 0.14 0.91
CATEGORY BUY SELL NET
FII 6592.06 6484.06 108
DII 1704.62 1764.8 -60.18
BIG BULLS ACTIVITY
MARKET GOSSIPS FOURTH UMPIRE
Markets were trading on positive
note for most of the session after
release of WPI(-2.33) but in last half
an hour it finally broke the seven
day winning streak mainly hit by
losses in Healthcare & Auto stocks
and finally closed in red losing
around 1%. Nifty future was unable
to test the 8900 mark rather sharp
correction took it off towards 8750.
Now, further selling pressure can
drag it towards 8710(21 day EMA).
Strict resistance can be seen in
range of 8850-8880.
TREND: SIDEWAYS
SUPPORT : 8750 & 8700
RESISTANCE: 8830 & 8870
MARKET POSITIONS
Nifty ends seven-day winning
streak; PSU Bank gains.
March WPI at -2.33%; Lowest
WPI in over a decade.
Kotak Mahindra, ING Vysya Bank
hits all time high ahead of
merger.
DCB Bank zooms after reported
61% growth in Q4 results.
Gujarat Gas gains as received
nod for city gas distribution in
Thane.

3. SCRIPS @ TARGETS
B/S SL1 T1 T2 T3
CESC S 598.25 402.25 594.25 590.25 586.25
ZEEL S 344.35 346.35 342.35 340.35 338.35
SCRIPS @ TARGETS
B/S SL1 T1 T2 T3
MARICO B 406.35 402.30 410.40 414.50 418.70
NTPC S 153.40 155 151.90 150.40 148.90
SCRIPS CLOSE R2 R1 S1 S2
RELIANCE FUT 929.35 1010 970 890 850
ONGC FUT 318.90 327 323 315 311
TATA STEEL FUT 339.35 347 343 335 331
SBI FUT 290.40 298 294 287 283
INFY FUT 2225.35 2300 2260 2190 2150
UNITECH,WOCKPHARMA,CENTURYTEX,HDIL,IBREALEST.
OPEN INTEREST 13-APR-15 15-APR-15 CHANGE IN OPEN
INTEREST
%
NIFTY 18773425 19404225 630800 3.36
FUTURE
CASH
PIVOT TABLE
FUTURES & OPTIONS DATA
SCRIPS IN F&O BAN FOR TRADE
A STEP AHEAD

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