qwertyuiopasdfghjklzxcvbnmqwerty

uiopasdfghjklzxcvbnmqwertyuiopasd
fghjklzxcvbnmqwertyuiopasdfghjklzx
cvbnmqwertyuiopasdfghjklzxcvbnmq
wertyuiopasdfghjklzxcvbnmqwertyui
opasdfghjklzxcvbnmqwertyuiopasdfg
hjklzxcvbnmqwertyuiopasdfghjklzxc
vbnmqwertyuiopasdfghjklzxcvbnmq
wertyuiopasdfghjklzxcvbnmqwertyui
opasdfghjklzxcvbnmqwertyuiopasdfg
hjklzxcvbnmqwertyuiopasdfghjklzxc
DERIVATIVE REPORT
vbnmqwertyuiopasdfghjklzxcvbnmq
29 September 2016
wertyuiopasdfghjklzxcvbnmqwertyui
Prepared by: Meenakshi Pal
opasdfghjklzxcvbnmqwertyuiopasdfg
Sr. Research Analyst
hjklzxcvbnmrtyuiopasdfghjklzxcvbn
mqwertyuiopasdfghjklzxcvbnmqwert
yuiopasdfghjklzxcvbnmqwertyuiopas
th

29th September 2016

NIFTY FUTURE

NIFTY DAILY CHART

NIFTY OUTLOOK
Sensex and Nifty snapped a three-day losing
streak on Wednesday on account of buying in
metal, banking and auto stocks amid firm
European markets. The 50-share index settled
38.75 points up at 8745.15. Overall, domestic
equity markets remained volatile throughout the
day ahead of the derivative expiry on Thursday.
Barring the BSE IT index (down 0.26 per cent),
rest all other sectoral indices ended the day with
gains. Nifty formed a perfect Bullish Harami
candle on daily chart near to crucial support zones
but now requires follow up and hold above 8,767mark to witness the reversal in immediate
declining trend. Now if it manages to hold above
8,767 then it may head towards 8,820 and 8,858
zones in next coming sessions while on the
downside multiple support exists at 8,688 zones.
Asian equity markets ended mostly in red on
Wednesday as the Japanese yen fluctuated and oil
prices turned flat after steep losses overnight on
doubts over potential OPEC deal.
NIFTY FUTURE :

R1:8792

Nifty open flat on Wednesday and shown range

bound movement over the full market hours.
Nifty next support would be 8700-8750.Traders
can go short on a break below 8600. Range bound
movement may be seen in Nifty ,if its maintain
the level of 8800 so, up sided movement would be
up to 9050-9150.

R2:8827

R3:8870

29th September 2016

PIVOT :8749

S1:8715

S2:8671

S3:8637

29th September 2016

NIFTY BANK FUTURE

NIFTY BANK DAILY CHART

NIFTY BANK OUTLOOK
TheNIFTY
Bank OUTLOOK
Nifty faces immediate resistance
around the 19,750 level on the upside and will
continue to face selling pressure at higher levels.
Bank nifty open flat and shown range bound
movement over the full trading session on
Wednesday, Bank Nifty upward movement would
be seen above 20000, below 19800 bank nifty
downside level may be 19600-19400. BANK OF
BARODA (+2.71%) and YES BANK (+1.95%)
is the top gainers of the day.

NIFTY FUTURE :
PIVOT :19655

R1:19776
S1:19570

Bank nifty opened flat at 19557.45, to its previous

closing 19558.90 on Wednesday and touched high
of 19740.00. In Bank nifty bullish trend seen
above the level of 20000-20500. if its maintain
the level, then new level 20800-20900 will be
expected. Below 19800 bank nifty downward
movement seen in between the level of 1960019400.

R2:19861
S2:19449

R3:19982
S3:19364

29th September 2016

USDINR
The Indian rupee opened higher by 4 paise at 66.44 per dollar on Wednesday versus previous close of
66.48. The rupee will continue to trade with a positive bias on the back of an overall weak outlook for
dollar and in anticipation of rebound in the domestic equity market. The 10-year US Treasury note yield
hovered near a three-week low of 1.546 percent touched overnight amid speculation that Europe's
banking woes could delay the Fed's next interest rate hike.

USDINR :
PIVOT : 66.76

R1:66.80
S1:66.74

R2:66.82
S2:66.70

R3:66.86
S3:66.68

GLOBAL MARKETS

EUROPEAN MARKET
NAME

CHANGE

% CHANGE

FTSE 100
CAC 40
DAX

41.71
33.77
76.86

0.61
0.76
0.74

European markets finished higher on Wednesday with shares in France leading the region. The CAC 40
is down 0.76% while Germany's DAX is off 0.74% and London's FTSE 100 is lower by 0.61%.

ASIAN MARKET
NAME

CHANGE

% CHANGE

NIKKEI 225
STRAITS TIMES
HANG SENG
TAIWAN WEIGHTED

-218.53

-1.33

-2.22
47.75
-90.10

-0.08
0.20
-0.98

Asian markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.20%, while
the Nikkei 225 led the Shanghai Composite lower. They fell 1.31% and 0.34% respectively.

ADVANCES / DECLINES RATIO

ADVANCE

DECLINE

UNCHANGED

TOTALS

932

482

29th September 2016

1484

70

INDIAN MARKETS

Name

Change

% Change

38.75
134.85
55.45
-4.85
3.70

Nifty 50
Nifty Bank
Nifty Metal
Nifty Pharma
Nifty Realty

Name

Change

0.44
0.69
2.15
-0.04
1.76

% Change

Open

High

Low

8711.20
19542.00
2524.05
11790.55
206.60

8767.05
19700.00
2586.80
11867.10
210.80

8703.15
19509.65
2523.15
11760.80
206.15

Open

High

Low

Sensex

69.11

0.24

28198.88

28378.56

28198.30

S&P BSE
Small Cap

134.72

1.03

12917.69

13409.89

13298.42

S&P BSE
Midcap

121.38

0.91

13318.93

13409.89

13298.42

FII/DII ACTIVITY

BUY
No. Of
Contracts
INDEX
FUTURES
INDEX
OPTIONS
STOCK
FUTURES
STOCK
OPTIONS

SELL

Amt.
(In. Crores)

No. Of
Contracts

Amt.
(In. Crores)

OPEN INTEREST AT THE

END OF THE DAY
No. Of
Amt.
Contracts
(In. Crores)

79693

5368.18

76976

5233.40

490848

32840.14

726906

51627.78

706301

50197.36

1457926

98101.39

376992

25440.56

385001

25797.15

1024230

68217.83

89678

6472.80

88014

6342.81

125136

8755.98

29th September 2016

TOP GAINERS VS. TOP LOSERS

TOP GAINERS
Company
EICHER MOTOR
HINDALCO
IDEA
TATA STEEL
ZEEL

Prev. Close(Rs.)
24643.25
150.05
79.55
367.95
532.40

Current Price(Rs.)
25786.55
156.90
82.50
380.35
548.00

% Change
+4.64
+4.57
+3.71
+3.37
+2.93

Prev. Close(Rs.)
1110.5
447.85
332.75
897.30
770.15

Current Price(Rs.)
1090.65
440.50
328.45
887.15
764.80

% Change
-1.79
-1.64
-1.29
-1.13
-0.69

TOP LOSERS
Company
RELAINCE INDS.
TECH MAHINDRA
COAL INDIA
HUL
SUN PHARMA

29th September 2016

ERL RESEARCH TEAM

Member Name

Designation

Mr. Tuhinanshu Jain

Mr. Yogesh Subnani
Miss. Meenakshi Pal

Research Head
Sr. Research Analyst
Sr. Research Analyst

E-mail ID
Tuhinanshu.jain@equityresearchlab.co.in
Yogesh.subnani@equityresearchlab.co.in
Meenakshi.pal@equityresearchlab.co.in

DISCLAIMER
The information and views in this report, our website & all the service we provide are believed to be
reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have
the right to choose the product/s that suits them the most. Investment in Stocks has its own risks.
Sincere efforts have been made to present the right investment perspective. The information contained
herein is based on analysis and up on sources that we consider reliable. We, however, do not vouch
for the accuracy or the completeness thereof. This material is for personal information and we are not
responsible for any loss incurred based upon it & takes no responsibility whatsoever for any financial
profit s or loss which may arise from the recommendations above. The stock price projections shown
are not necessarily indicative of future price performance. The information herein, together with all
estimates and forecasts, can change without notice.
Equity Research Lab does not purport to be an invitation or an offer to buy or sell any financial
instrument. Analyst or any person related to Equity Research Lab might be holding positions in the
stocks recommended. It is understood that anyone who is browsing through the site has done so at his
free will and does not read any views expressed as a recommendation for which either the site or its
owners or anyone can be held responsible for. Any surfing and reading of the information is the
acceptance of this disclaimer.
Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our
calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly
or indirectly by them. If found so then Serious Legal Actions can be taken. Any surfing and reading of
the information is the acceptance of this disclaimer.
ALL RIGHTS RESERVED.