EQUITY RESEARCH LAB:

DERIVATIVE REPORT 20TH JUNE

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NIFTY
FUTURE

Sensex closed 100.45 points up at 26,625.91, while Nifty index settled 29.45 points up at 8,170.20.
Nifty ended the day in green on account of buying in frontline blue chip counters amid firm
global cues such as US Fed meet and Bank of Japan monetary policy review. Investors also
remained cautious ahead of June 23 referendum over Britain exit from the European union next
week. On the domestic front no significant events are lined up, however, any development
towards passing GST will define the trend in the near-term. GAIL, State Bank of India,
Hindalco, Bank of Baroda and ITC gained respectively in the past five trading sessions.

Technical views:
Nifty future closed at 8174.40 on Friday. Nifty today trade between the range of 8150- 8200 and
made a low of 8151.30. nifty may touch the new high of 8300-8500 in this month of June.

NIFTY DAILY
CHART

BANK NIFTY
FUTURE

Bank nifty open gap up in the morning trading session. And shown downward movement
over the full market hours and closed at 17699.15.Bank nifty showing consolidation phase
on daily chart ,bank nifty may be trade in the range of 17600-17900 . above the 18000 new
level may be seen. ICICI BANK (-3.59%) and INDUSIND BANK(-2.07%) is the top losers
in bank nifty future.

Technical views:
Bank nifty Open up at 17755.10, to its previous closing 17687.45 on Friday and touched
high of 17860.00. 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 flat at 67.20 per dollar on Friday versus previous close of
67.21. Rupee to trade with a positive bias for the day. A little recovery in domestic
equity market will help the rupee to move higher. The trading range for the day is seen
between 66.50-67.30/dollar. The yen is headed for a 2.4 percent advance in the week
after the Bank Of Japan standing pat on stimulus furthered a rally ignited by a tick-up
in risk aversion. The dollar index rebounds to 94.4 levels.
USDINR STRATEGY R1 67.18 R2 67.29
Pivot Point 67.00

S1 67.25 S2 66.93

EUROPEAN MARKET
European markets finished broadly higher on Friday with
shares in London leading the region. The FTSE 100 is up
1.19% while France's CAC 40 is up 0.98% and Germany's
DAX is up 0.85%.

ASIAN
MARKET

Asian markets finished broadly higher on Friday with

shares in Japan leading the region. The Nikkei 225 is
up 1.07% while Hong Kong's Hang Seng is up 0.70%
and China's Shanghai Composite is up 0.43%.

FII/DII
ACTIVITY

50 %
50 %
OFF
OFF YOU
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