Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 10

EQUITY RESEARCH LAB:

DERIVATIVE REPORT 30th JUNE

http://equityresearchl
ab.com
http://equityresearchl
ab.com
Call On:

NIFTY
FUTURE

Sensex closed 215.84 points up at 26740.39 while Nifty settled 76.15 points up at 8,204.
Nifty ended the day in green after Union Cabinet approved 7th Pay Commission
recommendations amid firm global cues. DLF stock jumped nearly 10 per cent intraday on
Wednesday after reports that chairman KP Singh and his family will infuse Rs 10,000 crore
in an effort to make the real estate company debt free. Mid-cap Index is trading up 0.93%
at 11,566 whereas BSE Small-cap Index is trading up 1.21% at 11,680.

Technical views:
Nifty future closed at 8204.50 on Wednesday. Next logical targets for nifty would be 82508280 and breaching of 8000 would force nifty to see levels of 7900. whereas the 8250-8280
will act as very strong resistance levels, if once it go to 8250 then there will higher
probability for nifty to touch 8280-8300levels.

NIFTY DAILY
CHART

BANK NIFTY
FUTURE
Bank nifty open flat in the morning trading session on Wednesday 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 17500-18000 . above the 17700 new level may be
seen. ICICI BANK (1.50%) and KOTAK MAHI. BANK (+1.28%) is the top gainers in bank
nifty future.

Technical views:
Bank nifty Open Flat at 17612.15, to its previous closing 17553.55 on Wednesday and touched
high of 17748.85. Bank nifty technically trade near the 17600 level ,bank nifty level toward
downside would be 16700-17000,if its trade above 17750 then new level will be expected.

BANK NIFTY DAILY


CHART

USD/I
NR

The Indian rupee opened higher by 17 paise at 67.78 per dollar on Wednesday versus
previous close 67.95. Positive cues from global equity market will govern today's move in
the rupee and it is likely to appreciate for the day. The USD-INR pair to trade in the range
of 67.50-68/dollar today.
USDINR STRATEGY R1 67.82 R2 67.96
Pivot Point 67.71 S1 67.57 S2 67.46

EUROPEAN MARKET
Asian markets finished broadly higher today with shares in
Japan leading the region. The Nikkei 225 is up 1.59%
while Hong Kong's Hang Seng is up 1.31% and China's
Shanghai Composite is up 0.65%.

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

http://equityresearchl
ab.com
http://equityresearchl
ab.com
Call On:
+918370098946

You might also like