EQUITY RESEARCH LAB:

DERIVATIVE REPORT 13TH JUNE

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NIFTY
FUTURE

Sensex closed 127.71 points down at 26635.75, while Nifty 50 index closed 33.55 points down at
8170.05. Nifty ended lower on Friday on account of selling in frontline blue chip counters
taking cues from global counterparts. Investors also maintained cautious stance ahead of
industrial production data for April which is scheduled to be released later in the day.
Continued weakness in the European market and a positive expectation over Indias IIP data
oscillated the market which in the end closed with a loss of 0.41 per cent. A curb in global
growth outlook by the World Bank and consensus that CPI inflation in May can increase to 5.6
per cent (v/s 5.39 per cent in April) have compelled investors to stay cautious in the D-Street.

Technical views:
Nifty future closed at 8190.40 on Friday. Nifty today trade above the range of 8180- 8250 and
made a high of 8299.00.nifty may be taste the new level of 8300-8500 in the month of June.

NIFTY DAILY
CHART

BANK NIFTY
FUTURE

Bank nifty open flat in the morning trading session. And shown uptrend movement for half an
hours and shown heavy downfall in the market and closed at 17797.05. Bank nifty showing
consolidation phase on daily chart ,bank nifty may be trade in the range of 17600-17900 in
next contract. SBI BANK (-1.91%) and BANK OF BARODA (-1..85%) is the top losers in
bank nifty future.

Technical views:
Bank nifty Open down at 17800, to its previous closing 17843.35 on Friday and touched high of
18026.80. Bank nifty technically break the 17500 level above that level if its manage or sustain
above the level of 17000 than new high 17800-18200 might be seen.

BANK NIFTY DAILY

CHART

USD/I
NR

The Indian rupee opened higher by 7 paise at 66.58 per dollar on Thursday versus 66.65
Wednesday. Expect rupee to appreciate marginally due to increase in capital flows and
trade in the range of 66.50- 66.75/dollar. The dollar at a five-week low against a basket
of currencies as traders reduced bets of an imminent US interest rate increase.
USDINR STRATEGY R1 66.84 R2 66.92
Pivot Point 66.79

S1 66.71

S2 66.66

EUROPEAN MARKET
European markets finished broadly lower today with
shares in Germany leading the region. The DAX is down
2.59 % while London's FTSE 100 is off 1.90% and
France's CAC 40 is lower by 2.30%.

ASIAN
MARKET

Asian markets finished broadly lower today with

shares in Hong Kong leading the region. The
Hang Seng is down 1.20% while Japan's Nikkei
225 is off 0.40% and China's Shanghai Composite
is lower by 0.30%.

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