EQUITY RESEARCH LAB:

DERIVATIVE REPORT 28th JUNE

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NIFTY
FUTURE

Sensex closed 5.25 points up at 26,402, while Nifty settled 3.70 points higher at 8,092.30.
Nifty swung between gains and losses on Monday and ended the trade on a flat note. Bank
of Baroda, UltraTech Cements, Aurobindo Pharma, Dr Reddys Labs and Cipla gained
between 2.90 per cent and 3.20 per cent. On the other hand, TCS, Infosys, ZEEL, IndusInd
Bank and Asian Paints slid between 1.43 per cent and 3.01 per cent.

Technical views:
Nifty future closed at 8104.60 on Monday. Next logical targets for nifty would be 8050-8000
and breaching of 8000 would force nifty to see levels of 7900. whereas the 8150-8200 will
act as very strong resistance levels, if once it go to 8200 then there will higher probability
for nifty to touch 8225-8250levels.

NIFTY DAILY
CHART

BANK NIFTY
FUTURE
Bank nifty open flat in the morning trading session on Monday And shown consolidated pattern
in the full trading hours levels .Bank nifty showing consolidation phase on daily chart ,bank
nifty may be trade in the range of 17000-17300 . above the 17500 new level may be seen. BANK
OF BARODA(3.19%) and SBI BANK (2.79%) is the top gainers in bank nifty future.

Technical views:
Bank nifty Open Flat at 17349.95, to its previous closing 17393.00 on Monday and touched high
of 17583.90. Bank nifty technically trade near the 17200 level ,bank nifty level toward downside
would be 16700-17000,if its trade above 17500 then new level will be expected.

BANK NIFTY DAILY

CHART

USD/I
NR

The Indian rupee opened lower by 12 paise at 68.08 per dollar on Monday versus 67.96
Friday. We expect the rupee to trade with negative bias. Brexit will put more pressure on
the rupee. The trading range for the USD-INR pair is seen between 67.80-68.20/dollar.
Pound extended its selloff near a 31-year low as the fall out from the UK's vote to exit the
European Union stoked anxiety among investors around the world.
USDINR STRATEGY R1 68.09 R2 68.22
Pivot Point 67.94

S1 67.81 S2 67.66

EUROPEAN MARKET
European markets finished sharply lower on Monday with
shares in Germany leading the region. The DAX is down
3.11% while France's CAC 40 is off 3.06% and London's
FTSE 100 is lower by 2.65%.

ASIAN
MARKET

Asian markets finished mixed as of the most recent

closing prices. The Nikkei 225 gained 2.39% and the
Shanghai Composite rose 1.45%. The Hang Seng lost
0.21%.

FII/DII
ACTIVITY

50 %
50 %
OFF
OFF

THANK YOU

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