EQUITY RESEARCH LAB:

DERIVATIVE REPORT 05th JULY

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NIFTY
FUTURE

Sensex closed up 133.85 points or 0.5 percent at 27278.76, and the Nifty ended up
42.35 points or 0.5 percent at 8370.70. Rupee strengthened 15 paise to 67.17 against
the dollar on Monday. HSBC on Monday upgraded Indian equity markets to the
overweight, citing improving domestic indicators and more realistic earnings
expectations. Meanwhile, L&T Infotechs upcoming IPO price band has been fixed
at Rs 705-710. The issue will open for subscription on July 11 and will close on July
13.

Technical views:
Nifty future closed above 8375 on Monday. Next logical targets for nifty would be
8400-8450 and breaching of 8250 would force nifty to see levels of 8000. whereas the
8150-8230 will act as very strong Support levels, if once it go to 8300 then there will
higher probability for nifty to touch 8400-8450 levels.

NIFTY DAILY
CHART

BANK NIFTY
FUTURE
Bank nifty open up in the morning trading session on Monday And shown
consolidated pattern over the full trading session. 300-500 point really will be
expected above the level of 18200 in bank nifty future. ICICI BANK (+3.25%) and
BANK OF BARODA(+2.04%) is the top gainers in bank nifty future.

Technical views:
Bank nifty Open Up at 18155.00, to its previous closing 18054.80 on Monday and
touched high of 18193.00. Bank nifty technically trade above the 18000 level .if its
trade above 18200 then new level 18400-18700 will be expected.

BANK NIFTY DAILY

CHART

USD/I
NR

The Indian rupee gained in the early trade on Monday. It has opened higher by 9 paise at
67.23 per dollar versus 67.32 Friday. Rupee to trade with positive bias and will continue to
take cues from the domestic equity market where we will see optimism prevailing. Dollar
fell against the euro on Friday due to reduced expectations of a US interest-rate hike this
year.
USDINR STRATEGY R1 67.59 R2 67.68
Pivot Point 67.49 S1 67.40 S2 67.30

EUROPEAN MARKET
European markets finished broadly lower on tuesday with
shares in London leading the region. The FTSE 100 is
down 0.85% while Germany's DAX is up 0.69 and
France's CAC 40 is up 0.92%.

ASIAN
MARKET

Asian markets finished broadly higher on Friday with

share in Hong Kong leading the region. The Hang
Seng is up 1.75% while Japan's Nikkei 225 is up
0.68% and China's Shanghai Composite is up 0.10%.

FII/DII
ACTIVITY

50 %
50 %
OFF
OFF

THANK YOU

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