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ELITE INVESTMENT ADVISORY SERVICES

DAILY EQUITY REPORT 16/02/2017

MARKET SUMMARY

THE 30-SHARE BSE WAS DOWN 183.75 POINTS AT 28155.56 AND THE 50-SHARE NSE NIFTY
FELL 67.60 POINTS TO 8724.70. FOREIGN INSTITUTIONAL INVESTORS PARED THEIR EQUITY
HOLDINGS IN FRONTLINE INDIAN COMPANIES DURING THE DECEMBER QUARTER, WITH
MARKET WATCHERS BLAMING THE TREND ON DEMONETISATION. AGGREGATE STAKE OF FIIS
IN THE 50 COMPANIES IN THE NIFTY INDEX FELL BY 70 BASIS POINTS TO 29.1 PERCENT
DURING THE DECEMBER QUARTER, FROM 29.8 PERCENT IN THE PRECEDING QUARTER. THIS
IS THE LOWEST HOLDING BY FIIS IN NIFTY COMPANIES SINCE THE JUNE QUARTER OF 2015.

MARKET UPDATE

MARKET CLOSING CHANGE % CHANGE


SENSEX 28155.56 -183.75 -0.65%
NIFTY-50 8724.70 -67.60 -0.77%

DAILY STOCK RECOMMENDATIONS

BUY ESCORTS ABOVE 416 TARGETS 420, 424, 428 STOPLOSS 408
:
BUY GRUH ABOVE 387 TARGETS 391, 395, 399 STOPLOSS 379

SELL MTEDUCARE BELOW 102 TARGETS 101, 100, 99 STOPLOSS 104

NIFTY TOP 3 GAINERS/ LOSERS

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


NAME CLOSE NAME CLOSE
ZEEL 521.20 512.95 1.61 BHEL 152 157.40 -3.43
INFRATEL 323 318.75 1.33 IDEA 107.20 109.90 -2.46

ITC 274.10 270.80 1.22 TATASTEEL 461.55 472.40 -2.30

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SECTORIAL INDICES

4
3
% CHANGE

2
1
0
-1
-2
-3
-4
-5 % CHANGE

INDEX

FII/DII ACTIVITY

INSTITUTIONS BUY VALUE SELL VALUE NET VALUE


FIIs 5547.95 5322.11 225.84
DIIS 2360.89 2111.91 248.98

CURRENCY UPDATE

CURRENCY CLOSING CHANGE % CHANGE


USD INR 66.97 -0.06 -0.09
EUR INR 70.75 -0.51 -0.71
GBP INR 83.32 -0.32 -0.39
JPY INR 58.53 -0.64 -1.09
CURRENCY UPDATE
KEY UPCOMING EVENTS

EVENT DESCRIPTION REGION FORECAST PREVIOUS


CPI M/M USD 0.3% 0.3%
CORE CPI M/M USD 0.2% 0.2%
RETAIL SALES M/M USD 0.1% 0.6%

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SCRIPT R3 R2 R1 PIVOT S1 S2 S3

NIFTY-50 8940 8845 8785 8750 8690 8655 8560

NIFTY-50 TRADING STRATEGY:

NIFTY CLOSE AT NEGATIVE SIDE AND


NIFTY-50 TAKE A SUPPORT FROM THE
LEVEL OF 8712, IF NIFTY-50 WILL CROSS
THE LEVEL OF 8750, IN THE NEXT
TRADING SESSION. WE RECOMMENDED
BUYING FROM THE LEVEL OF 8750.

SCRIPT R3 R2 R1 PIVOT S1 S2 S3

NIFTY 20720 20470 20315 20215 20065 19965 19710


BANK

NIFTY-BANK TRADING STRATEGY:

IN THE TODAYS TRADING SESSION,


NIFTY-BANK HAS TAKEN THE SUPPORT
FROM THE LEVEL OF 20115 AND CLOSED
AT 20164, IF NIFTYBANK WILL BE TRADE
ABOVE 20220. IN THE NEXT TRADING
DAY, THEN WE RECOMMENDED BUYING
ABOVE THE LEVEL OF 20220.

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