ISSUE NO.

21

August
30th 2020

WEEKLY REPORT

JOIN TODAY OUR TELEGRAM CHANNEL

t.me/equity 99
Equity99 research is also available on
www.equity99.com
 Date : 30/08/2020

Weekly Report

CASH
NIFTY
For next week, 11575 will act as nearest support.
Breaking this level with volume will take NIFTY to
11510-11470 levels. On the upper side 11700
will act as a strong hurdle zone. Cross over and
close above will take NIFTY to 11760-11800
levels during this week itself.

BANK
NIFTY
For next week, 24075 will act as nearest support.
Breaking this level with volume will take NIFTY to
23930 levels. On the upper side 25000 will act as
a strong hurdle zone. Cross over and close above
will take NIFTY to 25250-25400 levels during this
week itself.

JOIN TODAY OUR TELEGRAM CHANNEL

t.me/equity 99
 Date : 30/08/2020

Weekly Report
Fant as tic Per form ance Of Las t Week’s
Weekly N ews L e t te r

High price
Recommend- Appreciation
STOCK NAME ed Price
after recom-
in %
mendation

PAGE INDUSTRIES 20,305 21,244 4.62%

SYMPHONY 893 936 4.81%

COCHIN SHIPYARD 359.8 371.4 3.22%

DEEPAK FERTILIZER 162.55 193 18.73%

JOIN TODAY OUR TELEGRAM CHANNEL

t.me/equity 99
 Date : 30/08/2020

Weekly Report
Stoc ks For This Week

1 SUN PHARMA
CMP: RS. 555.75
BSE: 524715 | NSE: SUNPHARMA | SECTOR: PHARMACEUTICALS

Stock is looking highly explosive on chart. Posi�onal traders can

watch on dips around Rs.555-547 with a stop loss of Rs.535. On
the upper side we are expec�ng Rs.574-585-600 levels in the
next 15-20 days.
mended Price

2 BANK OF BARODA
CMP: RS. 51.60
BSE: 532134 | NSE: BANKBARODA | SECTOR: BANKS - PUBLIC SECTOR

Stock is looking highly explosive on chart. Posi�onal traders can

watch between Rs.51.5-49 with a stop loss of Rs.47.75. On the
upper side we are expec�ng Rs.56-60 levels in the next 10-15
days.

JOIN TODAY OUR TELEGRAM CHANNEL

t.me/equity 99
 Date : 30/08/2020

Weekly Report
Stoc ks For This Week

3 EQUITAS HOLDINGS
CMP: RS. 57.90
BSE: 539844 | NSE: EQUITAS | SECTOR: FINANCE - GENERAL

Stock is s�ll looking superb on chart. Posi�onal traders can watch

between Rs.57.5-55 with a stop loss of Rs.53. On the upper side
we are expec�ng Rs.61.50-65 levels in the next 10-15 days.

4 BHEL
CMP: RS. 41.65
BSE: 500103 | NSE: BHEL | SECTOR: INFRASTRUCTURE - GENERAL

One can watch for posi�onal trading on dips between Rs.41.5-39

with a stop loss of Rs.37. On the upper side we are expec�ng
Rs.45-48 levels in the next 10-15 days.

JOIN TODAY OUR TELEGRAM CHANNEL

t.me/equity 99
 Date : 30/08/2020

Weekly Report
Disclosure & Disclaimer
Disclosure:
Authors and the names subscribed to this report, hereby cer�fy that all of the views expressed in this research report accurately
reflect our views about the subject issuer(s) or securi�es. We also cer�fy that no part of our compensa�on was, is, or will be directly
or indirectly related to the specific recommenda�on(s) or view(s) in this report. Research Analyst or his/her rela�ve or Equity99 Ltd.
does not have any financial interest in the subject company. Also Research Analyst or his/her rela�ve or Equity99 Ltd. or its Associate
may have beneficial ownership of 1% or more in the subject company at the end of the month immediately preceding the date of
publica�on of the Research Report. Further Research Analyst or his/her rela�ve or Equity99 Ltd. or its associate does not have any
material conflict of interest. Any holding in stock – No.

Disclaimer:
This report has been prepared by Equity99 Ltd. and is meant for sole use by the recipient and not for circula�on. The informa�on and
opinions contained herein have been compiled or arrived at, based upon informa�on obtained in good faith from sources believed
to be reliable. Such informa�on has not been independently verified and no guaranty, representa�on of warranty, express or implied,
is made as to its accuracy, completeness or correctness. All such informa�on and opinions are subject to change without no�ce. This
document is for informa�on purposes only. Descrip�ons of any company or companies or their securi�es men�oned herein are not
intended to be complete and this document is not, and should not be construed as an offer or solicita�on of an offer, to buy or sell
any securi�es or other financial instruments. This report is not directed to, or intended for display, downloading, prin�ng, reproduc-
ing or for distribu�on to or use by, any person or en�ty who is a ci�zen or resident or located in any locality, state, country or other
jurisdic�on where such distribu�on, publica�on, reproduc�on, availability or use would be contrary to law or regula�on or what
would subject Equity99 Ltd. or its affiliates to any registra�on or licensing requirement within such jurisdic�on. If this report is
inadvertently send or has reached any individual in such country, especially, USA, the same may be ignored and brought to the
a�en�on of the sender. This document may not be reproduced, distributed or published for any purposes without prior wri�en
approval of Equity99 Ltd. Foreign currencies denominated securi�es, wherever men�oned, are subject to exchange rate fluctua�ons,
which could have an adverse effect on their value or price, or the income derived from them. In addi�on, investors in securi�es such
as ADRs, the values of which are influenced by foreign currencies effec�vely assume currency risk. It should not be considered to be
taken as an offer to sell or a solicita�on to buy any security. Equity99 Ltd. may from �me to �me solicit from, or perform broking, or
other services for, any company men�oned in this mail and/or its a�achments. Equity99 Ltd. and its affiliated company(ies), their
directors, analysts and employees may; (a) from �me to �me, have a long or short posi�on in, and buy or sell the securi�es of the
company(ies) men�oned herein or (b) be engaged in any other transac�on involving such securi�es and earn brokerage or other
compensa�on or act as a market maker in the financial instruments of the company(ies) discussed herein or act as an advisor or
lender/borrower to such company(ies) or may have any other poten�al conflict of interests with respect to any recommenda�on and
other related informa�on and opinions. Equity99 Ltd., its directors, analysts or employees do not take any responsibility, financial or
otherwise, of the losses or the damages sustained due to the investments made or any ac�on taken on basis of this report, including
but not restricted to, fluctua�on in the prices of shares and bonds, changes in the currency rates, diminu�on in the NAVs, reduc�on
in the dividend or income, etc. Equity99 Ltd. or its associates might have managed or co-managed public offering of securi�es for the
subject company or might have been mandated by the subject company for any other assignment in the past twelve months.
Equity99 Ltd. or its associates might have received any compensa�on from the companies men�oned in the report during the period
preceding twelve months from the date of this report for services in respect of managing or co-managing public offerings, corporate
finance, investment banking or merchant banking, brokerage services or other advisory service in a merger or specific transac�on in
the normal course of business. Equity99 Ltd. or its analysts did not receive any compensa�on or other benefits from the companies
men�oned in the report or third party in connec�on with prepara�on of the research report. Accordingly, neither Equity99 Ltd. nor
Research Analysts have any material conflict of interest at the �me of publica�on of this report. Compensa�on of our Research
Analysts is not based on any specific merchant banking, investment banking or brokerage service transac�ons. Equity99 Ltd. may
have issued other reports that are inconsistent with and reach different conclusion from the informa�on presented in this report.
Research en�ty has not been engaged in market making ac�vity for the subject company. Research analyst has not served as an
officer, director or employee of the subject company.

JOIN TODAY OUR TELEGRAM CHANNEL

t.me/equity 99