Technical Report - 18-09-2024-18-September-2024-108572350

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18 September 2024

1
TECHNICAL REPORT

Active Report calls


Sr. Buy / Stop- Risk/Reward
Issue Date Stock Buying Range Target Link
no Sell loss %
https://www.idbidirect.in/IDBIAdmin/Pdf/Technical%20Pick-%20MAX%20Health-27-June-
1 27-06-2024 Buy MAXHEALTH CARE 900-920 820 1050 9.89/15.38
2024-1488135278.pdf
https://www.idbidirect.in/IDBIAdmin/Pdf/Technical%20Pick-%20CAMPUS-25-July-2024-
2 25-07-2024 Buy CAMPUS 295-305 274 390 8.66/30
566147446.pdf
https://www.idbidirect.in/IDBIAdmin/Pdf/Technical%20Pick-%20HIND%20COPPER-08-
3 08-08-2024 Buy HINDCOPPER 300-295 275 360 7.89/21
August-2024-1931660299.pdf
https://www.idbidirect.in/IDBIAdmin/Pdf/Technical%20Pick-%20SBI%20CARDS%20-03-
4 03-09-2024 Buy SBICARD 770-750 678 950 10.78/25
September-2024-1541545415.pdf

Closed calls
Sr.
Close Date Stock Remark Percentage% Link
no
https://www.idbidirect.in/IDBIAdmin/Pdf/Technical%20Pick%20update-%20CAMPUS-13-September-2024-
1 13-09-2024 CAMPUS PROFIT 13.33%
2113952585.pdf

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2
TECHNICAL REPORT

Nifty 50 25,418.55/0.14%| S&P BSE Sensex 83,079.66/0.11%| India VIX 12.59/1.04%


Advance and Decline NIFTY - 50

EXCHANGE ADVANCES DECLINE UNCHANGED

NSE 400 800 199

BSE 1652 2315 92

Institutional Activities (INR In Cr)


Month till
17-Sep Aug-24
Date

FII 482.69 15301.29 -21,368.51

DII 872.15 9757.61 48,278.65

Global Indices

Recent Previous Change (%)

DOW 30 41606.18 41622 -0.04%


NASDAQ 19432.40 17592.13 0.05%
S&P 500 5634.58 5633.09 0.03%
FTSE 100 8309.86 8278.44 0.38%
DAX 18726.08 18633.11 0.5%
KOSPI 2575.41 - -
NIKKIE 225 36203.22 36581.76 -1.05%

HANG SENG 17660.02 17422.12 1.35%

Key Observations – NIFTY

INDEX CLOSES FLAT The index has remained within a consistent range for the past three trading sessions and closed without significant change. The index
showed an increase of +34.80 points, closing at 25418.55 levels. In terms of sector performance, realty, consumer durable, and infra stocks demonstrated
positive momentum, while media, PSU bank, and metals faced downward pressure. According to the daily chart analysis, it is evident that the index is
consolidating within a range. The candlestick pattern indicates a continuation of the current trend, with an intermediate resistance level at 25600. We anticipate
the index to reach 26000 marks, with support levels at 25200 and 25000. Our recommendation for the day is to adopt a buy-on decline strategy.

3
TECHNICAL REPORT

Nifty Mid Cap 50 16,881.95/-0.05%| Nifty Small Cap 100 19,465.55/-0.37%| Bank Nifty 52,188.65/0.07%
Sectorial Advance Declines BANK NIFTY

Key Observations – BANK NIFTY

BANK NIFTY FORMS A BEARISH CANDLE The Bank Nifty showed a slight upward movement, reaching a high of 52,284.60 levels. The momentum of the bank
index has been relatively slow, with a marginal increase of +35.50 points to close at 52188.65 levels. On the daily chart, the trend and momentum continue to
be bullish. However, it is important to note that the prices have moved significantly away from the value of its 10 EMA levels, which typically signifies sideways
movement or profit booking sessions. Our outlook remains positive, and we recommend considering fresh long trades on declines near 52000 – 51800. The bias
remains bullish.

4
TECHNICAL REPORT
PIVOT LEVELS
P Close Support3 Support2 Support1 Pivot Resist1 Resist2 Resist3 Scrip Name P Close Support3 Support2 Support1 Pivot Resist1 Resist2 Resist3
ABCAPITAL 225.17 216.41 221.25 224.47 226.09 229.31 230.93 235.77 IPCALAB 1456.9 1431.47 1446.87 1456.43 1462.27 1471.83 1477.67 1493.07
ACC 2506.7 2443.12 2474.07 2493.03 2505.02 2523.98 2535.97 2566.92 ITC 507.75 495.68 502.98 507.02 510.28 514.32 517.58 524.88
ADANIPORTS 1426.6 1386.17 1411.07 1426.93 1435.97 1451.83 1460.87 1485.77 JSWSTEEL 964.25 943.38 956.23 963.62 969.08 976.47 981.93 994.78
AFFLE 1568.9 1509.60 1541.20 1560.60 1572.80 1592.20 1604.40 1636.00 JUBLFOOD 675.45 632.25 651.20 658.60 670.15 677.55 689.10 708.05
AMBUJACEM 623 611.28 617.98 621.97 624.68 628.67 631.38 638.08 KOTAKBANK 1846.65 1795.65 1818.40 1828.90 1841.15 1851.65 1863.90 1886.65
ASHOKLEY 240.8 228.50 235.30 239.55 242.10 246.35 248.90 255.70 L&TFH 175.85 170.30 173.02 174.25 175.74 176.97 178.46 181.18
ASIANPAINT 3312.8 3232.97 3281.07 3308.43 3329.17 3356.53 3377.27 3425.37 LALPATHLAB 3283.5 3173.02 3249.52 3298.08 3326.02 3374.58 3402.52 3479.02
AUROPHARMA 1552.45 1521.95 1541.20 1552.60 1560.45 1571.85 1579.70 1598.95 LICHSGFIN 674.9 648.75 663.60 672.05 678.45 686.90 693.30 708.15
AXISBANK 1232.1 1208.47 1221.47 1228.33 1234.47 1241.33 1247.47 1260.47 LT 3695.2 3586.97 3632.27 3650.13 3677.57 3695.43 3722.87 3768.17
BAJAJ-AUTO 11950.3 11105.82 11435.57 11557.78 11765.32 11887.53 12095.07 12424.82 LTI 6455.75 6204.43 6322.33 6366.02 6440.23 6483.92 6558.13 6676.03
BAJAJFINSV 1848.7 1781.53 1819.83 1839.42 1858.13 1877.72 1896.43 1934.73 M&M 2787.65 2671.53 2719.73 2742.37 2767.93 2790.57 2816.13 2864.33
BAJFINANCE 7365.5 7021.85 7190.70 7264.10 7359.55 7432.95 7528.40 7697.25 M&MFIN 327.6 316.33 323.43 327.22 330.53 334.32 337.63 344.73
BATAINDIA 1439 1420.03 1430.88 1436.62 1441.73 1447.47 1452.58 1463.43 MANAPPURAM 210.84 204.14 208.33 211.13 212.52 215.32 216.71 220.90
BEL 284.3 274.52 281.47 285.98 288.42 292.93 295.37 302.32 MARICO 692 665.93 681.63 689.67 697.33 705.37 713.03 728.73
BERGEPAINT 622.55 595.53 609.03 615.57 622.53 629.07 636.03 649.53 MARUTI 12245.75 11973.85 12107.20 12196.10 12240.55 12329.45 12373.90 12507.25
BHARTIARTL 1661.75 1596.42 1623.97 1636.98 1651.52 1664.53 1679.07 1706.62 MCDOWELL-N 1555.75 1512.12 1530.57 1538.78 1549.02 1557.23 1567.47 1585.92
BPCL 338.4 327.02 332.82 336.38 338.62 342.18 344.42 350.22 METROPOLIS 2182.1 2073.43 2121.58 2148.07 2169.73 2196.22 2217.88 2266.03
BRITANNIA 6111.05 5844.75 5980.25 6026.85 6115.75 6162.35 6251.25 6386.75 MOTHERSON 195.01 179.32 186.72 191.23 194.12 198.63 201.52 208.92
CIPLA 1671.8 1613.97 1640.27 1650.13 1666.57 1676.43 1692.87 1719.17 MUTHOOTFIN 2023.85 1919.90 1968.35 1993.70 2016.80 2042.15 2065.25 2113.70
COALINDIA 488.5 477.60 484.75 489.00 491.90 496.15 499.05 506.20 NAM-INDIA 658.35 632.73 648.78 658.87 664.83 674.92 680.88 696.93
COFORGE 6998.55 6706.72 6835.52 6879.63 6964.32 7008.43 7093.12 7221.92 NATIONALUM 186.77 178.47 183.81 186.80 189.15 192.14 194.49 199.83
COLPAL 3649.55 3489.75 3578.40 3624.15 3667.05 3712.80 3755.70 3844.35 NESTLEIND 2546.85 2465.18 2511.78 2531.47 2558.38 2578.07 2604.98 2651.58
CUMMINSIND 3845.95 3661.55 3732.65 3756.35 3803.75 3827.45 3874.85 3945.95 NTPC 416.3 398.10 405.65 408.75 413.20 416.30 420.75 428.30
DABUR 660.15 632.05 647.65 654.50 663.25 670.10 678.85 694.45 ONGC 294.65 285.25 289.70 291.70 294.15 296.15 298.60 303.05
DCBBANK 122.45 117.55 119.73 120.81 121.91 122.99 124.09 126.27 PEL 1090.85 1032.72 1072.57 1098.78 1112.42 1138.63 1152.27 1192.12
DIVISLAB 5452.2 5243.68 5367.68 5423.37 5491.68 5547.37 5615.68 5739.68 PETRONET 334.15 319.33 327.13 331.57 334.93 339.37 342.73 350.53
DLF 860.85 836.75 848.70 855.35 860.65 867.30 872.60 884.55 PFC 482.45 458.57 472.17 481.08 485.77 494.68 499.37 512.97
DMART 5219.85 5119.23 5173.13 5200.07 5227.03 5253.97 5280.93 5334.83 PIDILITIND 3269.1 3199.47 3247.12 3278.53 3294.77 3326.18 3342.42 3390.07
DRREDDY 6631.65 6510.78 6573.53 6606.82 6636.28 6669.57 6699.03 6761.78 PNB 108.03 103.68 106.76 108.79 109.84 111.87 112.92 116.00
EICHERMOT 4850.2 4707.52 4789.37 4843.93 4871.22 4925.78 4953.07 5034.92 POLYCAB 6691.4 6583.87 6655.87 6702.93 6727.87 6774.93 6799.87 6871.87
ESCORTS 3886.75 3681.17 3780.47 3830.23 3879.77 3929.53 3979.07 4078.37 POWERGRID 336.9 326.07 331.57 334.13 337.07 339.63 342.57 348.07
FEDERALBNK 184.33 179.98 182.17 183.44 184.36 185.63 186.55 188.74 RECLTD 544.85 514.52 534.97 547.83 555.42 568.28 575.87 596.32
FINPIPE 304.4 299.48 302.68 304.57 305.88 307.77 309.08 312.28 RELIANCE 2944.6 2902.00 2923.70 2935.85 2945.40 2957.55 2967.10 2988.80
FORTIS 603.85 575.08 588.68 594.62 602.28 608.22 615.88 629.48 SAIL 131.93 127.09 129.59 131.17 132.09 133.67 134.59 137.09
GAIL 219.73 212.17 215.75 217.22 219.33 220.80 222.91 226.49 SBILIFE 1819.15 1753.72 1789.57 1806.53 1825.42 1842.38 1861.27 1897.12
GODREJCP 1459.4 1398.52 1431.07 1445.53 1463.62 1478.08 1496.17 1528.72 SBIN 782.9 770.65 777.60 781.60 784.55 788.55 791.50 798.45
GRASIM 2754.85 2664.17 2711.47 2740.23 2758.77 2787.53 2806.07 2853.37 SHREECEM 25437.1 25004.00 25281.60 25440.80 25559.20 25718.40 25836.80 26114.40
HAVELLS 2006.55 1918.75 1955.70 1975.35 1992.65 2012.30 2029.60 2066.55 SIEMENS 6763.9 6565.25 6648.00 6686.50 6730.75 6769.25 6813.50 6896.25
HCLTECH 1813.75 1774.12 1794.92 1803.43 1815.72 1824.23 1836.52 1857.32 STLTECH 129.94 120.82 125.91 128.10 131.00 133.19 136.09 141.18
HDFC 2724.3 2613.92 2680.97 2718.38 2748.02 2785.43 2815.07 2882.12 SUNPHARMA 1866.1 1843.17 1853.57 1858.28 1863.97 1868.68 1874.37 1884.77
HDFCAMC 4421.9 4323.48 4377.28 4408.37 4431.08 4462.17 4484.88 4538.68 TATACHEM 1030.85 1002.33 1022.33 1035.67 1042.33 1055.67 1062.33 1082.33
HDFCBANK 1668.8 1645.68 1659.53 1668.77 1673.38 1682.62 1687.23 1701.08 TATACONSUM 1220.25 1178.85 1201.00 1212.00 1223.15 1234.15 1245.30 1267.45
HDFCLIFE 698.9 675.90 687.25 694.30 698.60 705.65 709.95 721.30 TATAMOTORS 974.95 913.33 948.33 971.67 983.33 1006.67 1018.33 1053.33
HEROMOTOCO 5961.2 5406.82 5628.17 5714.08 5849.52 5935.43 6070.87 6292.22 TATASTEEL 152.82 149.56 151.53 152.77 153.50 154.74 155.47 157.44
HINDALCO 683 665.57 676.47 682.73 687.37 693.63 698.27 709.17 TCS 4505.65 4365.42 4435.22 4474.23 4505.02 4544.03 4574.82 4644.62
HINDPETRO 408.7 396.78 403.23 406.87 409.68 413.32 416.13 422.58 TECHM 1651.55 1592.23 1623.13 1636.07 1654.03 1666.97 1684.93 1715.83
HINDUNILVR 2873.5 2772.77 2826.57 2846.83 2880.37 2900.63 2934.17 2987.97 TITAN 3767.4 3655.33 3705.03 3732.47 3754.73 3782.17 3804.43 3854.13
HINDZINC 490.9 476.58 486.03 492.02 495.48 501.47 504.93 514.38 TORNTPOWER 1780.05 1542.67 1682.67 1745.33 1822.67 1885.33 1962.67 2102.67
ICICIBANK 1268.1 1235.83 1249.68 1254.82 1263.53 1268.67 1277.38 1291.23 TRENT 7403.45 7048.67 7232.47 7323.73 7416.27 7507.53 7600.07 7783.87
ICICIPRULI 750 727.98 738.13 743.57 748.28 753.72 758.43 768.58 TVSMOTOR 2818.75 2693.90 2760.80 2805.40 2827.70 2872.30 2894.60 2961.50
INDHOTEL 692.25 669.67 680.17 685.83 690.67 696.33 701.17 711.67 ULTRACEMCO 11645.65 11344.85 11488.45 11545.50 11632.05 11689.10 11775.65 11919.25
INDIGO 4933.75 4825.97 4885.07 4919.03 4944.17 4978.13 5003.27 5062.37 UPL 610.65 600.37 606.87 610.93 613.37 617.43 619.87 626.37
INDUSINDBK 1466.35 1432.08 1453.33 1465.67 1474.58 1486.92 1495.83 1517.08 VEDL 449.8 436.27 443.47 447.08 450.67 454.28 457.87 465.07
INDUSTOWER 430.45 414.90 422.00 424.60 429.10 431.70 436.20 443.30 WESTLIFE 851.6 795.72 820.82 833.38 845.92 858.48 871.02 896.12
INFY 1952.55 1916.85 1933.15 1940.45 1949.45 1956.75 1965.75 1982.05 WIPRO 551.9 534.62 542.47 545.73 550.32 553.58 558.17 566.02
IOC 170.51 167.31 169.21 170.26 171.11 172.16 173.01 174.91 ZYDUSLIFE 1110.95 1083.53 1100.53 1110.07 1117.53 1127.07 1134.53 1151.53

5
TECHNICAL REPORT

KEY MOVING AVERAGES & AVERAGE TRADED PRICE

Scrip Name Close Rate ATP 10 ATP 21 ATP 34 ATP 55 SMA 21 SMA 50 SMA 100 SMA 200 Scrip Name Close Rate ATP 10 ATP 21 ATP 34 ATP 55 SMA 21 SMA 50 SMA 100 SMA 200
ABCAPITAL 225.2 222.0 222.5 218.3 220.4 221.5 219.5 224.5 201.9 IPCALAB 1456.9 1437.6 1414.8 1379.7 1316.6 1414.6 1337.5 1283.4 1227.9
ACC 2506.7 2443.7 2401.6 2408.0 2532.2 2390.8 2470.1 2512.8 2462.2 ITC 507.8 511.1 508.1 501.7 485.3 507.4 492.8 462.1 449.3
ADANIPORTS 1426.6 1449.5 1466.2 1501.1 1498.5 1468.3 1491.1 1441.6 1324.5 JSWSTEEL 964.3 942.5 941.7 924.3 922.5 941.1 922.0 912.8 872.1
AFFLE 1568.9 1594.3 1628.4 1567.0 1503.9 1614.5 1523.9 1360.7 1258.6 JUBLFOOD 675.5 662.3 656.0 638.7 619.0 655.3 619.9 563.2 531.9
AMBUJACEM 623.0 627.0 628.0 635.8 655.2 625.1 647.1 641.8 602.4 KOTAKBANK 1846.7 1801.3 1797.6 1790.9 1796.4 1800.5 1797.1 1752.2 1771.4
ASHOKLEY 240.8 246.4 252.6 251.7 243.2 252.3 245.5 232.2 202.9 L&TFH 175.9 172.2 171.3 170.7 177.9 170.4 173.0 170.4 166.9
ASIANPAINT 3312.8 3302.0 3241.9 3169.7 3069.5 3223.1 3094.6 2990.0 3016.2 LALPATHLAB 3283.5 3394.8 3363.5 3279.0 3143.1 3360.6 3205.0 2907.1 2658.2
AUROPHARMA 1552.5 1549.8 1547.3 1506.4 1444.0 1544.4 1462.2 1332.6 1200.3 LICHSGFIN 674.9 696.6 689.2 683.4 716.2 685.3 714.6 700.4 648.0
AXISBANK 1232.1 1190.4 1182.6 1169.2 1202.1 1184.6 1200.5 1192.4 1138.3 LT 3695.2 3603.4 3630.6 3628.7 3626.1 3634.4 3632.2 3590.5 3552.2
BAJAJ-AUTO 11950.3 11394.5 10982.2 10658.2 10234.3 10877.0 10122.0 9691.1 8708.4 LTI 6455.8 6259.2 6116.5 5951.5 5825.8 6087.5 5777.4 5342.6 5411.5
BAJAJFINSV 1848.7 1860.4 1784.8 1733.6 1687.5 1781.9 1670.7 1627.2 1630.8 M&M 2787.7 2718.3 2750.7 2758.6 2774.7 2751.4 2768.6 2673.5 2230.8
BAJFINANCE 7365.5 7386.6 7204.9 7061.4 7016.0 7146.2 6934.4 6943.7 6991.1 M&MFIN 327.6 328.2 321.8 315.8 309.1 320.6 307.4 293.0 286.8
BATAINDIA 1439.0 1430.0 1439.1 1471.4 1505.3 1440.0 1489.1 1445.0 1464.7 MANAPPURAM 210.8 209.6 212.8 209.6 212.0 211.2 210.4 198.4 187.7
BEL 284.3 287.9 294.5 297.1 309.0 295.3 304.4 290.3 241.0 MARICO 692.0 670.1 666.4 663.5 657.5 670.5 664.9 631.2 576.9
BERGEPAINT 622.6 606.2 594.9 575.9 555.8 591.5 558.0 527.1 548.3 MARUTI 12245.8 12247.8 12310.9 12470.2 12509.8 12310.4 12435.9 12482.9 11781.9
BHARTIARTL 1661.8 1592.6 1560.6 1532.8 1505.8 1557.6 1503.0 1436.9 1281.3 MCDOWELL-N 1555.8 1511.0 1479.9 1458.2 1400.1 1480.0 1417.6 1323.2 1217.9
BPCL 338.4 350.4 352.3 347.3 333.9 350.0 335.4 320.0 293.1 METROPOLIS 2182.1 2169.4 2135.6 2111.4 2084.1 2127.9 2088.3 2001.0 1836.0
BRITANNIA 6111.1 6018.0 5934.6 5857.4 5824.5 5903.6 5831.7 5534.5 5256.6 MOTHERSON 195.0 190.0 191.9 187.5 192.2 192.8 192.2 173.8 142.4
CIPLA 1671.8 1643.7 1627.8 1598.0 1560.7 1624.8 1571.4 1518.1 1443.4 MUTHOOTFIN 2023.9 2005.3 1971.5 1919.9 1875.3 1963.9 1882.2 1803.9 1625.2
COALINDIA 488.5 492.3 511.7 516.5 509.6 510.9 509.6 491.8 451.7 NAM-INDIA 658.4 681.2 691.9 676.5 667.4 688.3 666.0 638.9 563.3
COFORGE 6998.6 6721.7 6526.7 6363.0 6151.0 6455.9 6200.2 5641.8 5865.6 NATIONALUM 186.8 179.3 178.4 177.2 183.3 178.3 182.8 185.2 164.1
COLPAL 3649.6 3662.5 3626.1 3550.3 3383.2 3623.0 3413.3 3114.8 2823.7 NESTLEIND 2546.9 2525.9 2522.6 2512.1 2525.6 2524.2 2530.6 2515.7 2525.3
CUMMINSIND 3846.0 3793.1 3797.4 3695.2 3735.0 3797.3 3771.2 3724.7 3087.4 NTPC 416.3 400.4 404.9 408.0 397.2 405.2 399.2 381.5 352.2
DABUR 660.2 658.9 651.0 642.5 637.6 648.7 638.4 604.5 569.7 ONGC 294.7 298.5 310.8 320.2 316.2 313.4 319.0 296.1 270.6
DCBBANK 122.5 121.2 122.2 121.3 127.0 122.1 124.7 129.5 130.5 PEL 1090.9 1086.0 1062.6 1008.8 990.5 1061.4 1005.5 936.3 915.5
DIVISLAB 5452.2 5341.2 5144.4 5027.5 4873.7 5131.8 4887.9 4576.2 4132.9 PETRONET 334.2 344.5 358.8 362.3 354.7 358.4 357.2 334.1 294.9
DLF 860.9 841.6 845.0 847.1 840.7 845.3 841.0 843.8 825.5 PFC 482.5 516.4 525.6 515.9 525.2 525.9 526.8 500.4 452.9
DMART 5219.9 5269.6 5133.0 5079.0 5024.1 5119.3 5041.3 4867.7 4450.7 PIDILITIND 3269.1 3252.7 3203.8 3179.3 3166.7 3178.0 3146.4 3095.3 2919.6
DRREDDY 6631.7 6684.0 6829.8 6850.6 6772.7 6820.8 6805.6 6429.3 6215.4 PNB 108.0 110.3 113.1 115.0 118.3 113.3 116.2 121.5 116.8
EICHERMOT 4850.2 4807.4 4860.4 4798.4 4808.3 4859.7 4845.1 4779.2 4360.8 POLYCAB 6691.4 6705.1 6745.0 6700.9 6607.7 6747.2 6629.2 6599.5 5777.4
ESCORTS 3886.8 3794.4 3813.1 3834.2 3931.4 3800.3 3881.5 3877.2 3412.6 POWERGRID 336.9 332.9 334.5 339.3 339.5 335.1 339.5 327.9 293.6
FEDERALBNK 184.3 186.2 192.6 195.3 194.1 192.1 194.9 181.1 166.4 RECLTD 544.9 582.8 598.2 596.0 598.9 596.8 602.5 564.6 504.7
FINPIPE 304.4 309.6 307.0 302.7 312.6 303.0 306.3 308.8 267.3 RELIANCE 2944.6 2952.6 2992.5 2979.3 3018.9 2981.3 3010.2 2968.3 2875.3
FORTIS 603.9 567.0 555.9 534.4 512.6 555.7 519.9 491.3 454.1 SAIL 131.9 130.2 132.4 135.5 141.9 132.3 138.6 147.9 136.3
GAIL 219.7 222.0 229.6 232.6 230.3 228.2 229.2 218.7 195.0 SBILIFE 1819.2 1870.8 1841.9 1808.3 1731.6 1849.1 1741.5 1591.8 1527.2
GODREJCP 1459.4 1478.3 1463.9 1455.5 1451.5 1463.0 1453.9 1394.3 1282.1 SBIN 782.9 788.2 800.3 808.8 830.7 804.3 828.8 828.8 760.6
GRASIM 2754.9 2737.2 2716.5 2671.8 2722.1 2718.9 2719.1 2587.8 2369.1 SHREECEM 25437.1 25744.6 25385.2 25366.9 26105.9 25335.6 26123.8 26165.3 26453.8
HAVELLS 2006.6 1947.6 1923.5 1889.6 1867.6 1917.9 1872.2 1837.4 1628.6 SIEMENS 6763.9 6653.0 6815.1 6867.1 7052.4 6818.8 6990.0 6990.2 5743.5
HCLTECH 1813.8 1782.7 1753.2 1703.8 1631.9 1754.1 1659.7 1526.1 1531.6 STLTECH 129.9 130.9 133.6 136.6 141.7 132.8 137.3 134.5 136.1
HDFC 2724.3 2775.2 2737.6 2712.4 2722.2 2735.9 2716.0 2688.6 2627.0 SUNPHARMA 1866.1 1840.9 1813.6 1776.9 1715.4 1815.0 1729.3 1618.2 1526.8
HDFCAMC 4421.9 4429.8 4410.1 4287.8 4214.3 4424.0 4248.3 4062.8 3786.2 TATACHEM 1030.9 1060.6 1073.6 1070.1 1073.5 1066.6 1063.8 1075.3 1063.7
HDFCBANK 1668.8 1651.5 1640.1 1636.6 1643.7 1643.4 1632.4 1596.9 1560.2 TATACONSUM 1220.3 1203.3 1202.5 1197.9 1181.6 1200.4 1188.2 1138.9 1117.2
HDFCLIFE 698.9 717.9 726.2 714.6 683.4 727.9 696.4 634.7 628.3 TATAMOTORS 975.0 994.8 1039.8 1052.5 1049.4 1055.8 1055.2 1014.4 946.8
HEROMOTOCO 5961.2 5769.1 5563.6 5439.4 5466.4 5565.8 5457.2 5334.6 4848.6 TATASTEEL 152.8 151.4 152.5 153.2 157.7 152.5 156.6 164.4 153.8
HINDALCO 683.0 668.3 682.2 663.4 669.3 681.0 667.8 668.7 613.0 TCS 4505.7 4489.7 4507.8 4411.8 4281.5 4502.5 4349.1 4105.6 4002.3
HINDPETRO 408.7 428.5 419.8 406.1 387.8 416.4 388.2 366.1 336.2 TECHM 1651.6 1625.7 1628.8 1581.4 1546.9 1628.9 1559.7 1446.1 1361.4
HINDUNILVR 2873.5 2891.0 2838.0 2799.6 2733.9 2834.4 2757.3 2580.3 2504.7 TITAN 3767.4 3715.6 3637.8 3542.2 3438.7 3638.8 3470.4 3429.8 3546.3
HINDZINC 490.9 489.5 507.0 514.2 528.8 499.9 571.7 595.6 458.8 TORNTPOWER 1780.1 1766.6 1744.2 1785.4 1746.5 1713.0 1667.6 1567.1 1351.6
ICICIBANK 1268.1 1239.9 1225.2 1208.8 1215.2 1226.8 1215.7 1178.9 1107.8 TRENT 7403.5 7200.8 7083.4 6512.4 6249.7 7098.8 6280.4 5573.6 4541.8
ICICIPRULI 750.0 754.8 746.4 738.3 698.6 748.5 716.7 651.5 599.2 TVSMOTOR 2818.8 2784.4 2760.6 2657.7 2579.7 2762.5 2611.6 2430.5 2237.8
INDHOTEL 692.3 679.7 662.6 648.6 631.9 662.9 635.3 610.9 564.0 ULTRACEMCO 11645.7 11587.5 11427.2 11423.4 11525.2 11441.9 11494.2 10954.2 10390.4
INDIGO 4933.8 4873.5 4756.4 4645.1 4556.9 4766.9 4514.0 4361.4 3751.5 UPL 610.7 612.2 596.2 576.0 570.4 596.4 570.6 550.3 535.9
INDUSINDBK 1466.4 1437.2 1416.2 1392.8 1406.2 1421.1 1409.2 1436.8 1484.7 VEDL 449.8 452.5 456.5 446.6 447.6 455.6 446.7 444.3 361.1
INDUSTOWER 430.5 429.4 435.9 430.0 418.2 434.3 423.1 385.9 312.3 WESTLIFE 851.6 845.5 848.8 838.2 841.1 832.7 828.2 832.7 822.1
INFY 1952.6 1923.6 1920.8 1870.4 1802.5 1917.0 1840.0 1660.2 1616.0 WIPRO 551.9 531.8 531.0 521.5 527.2 528.8 523.1 498.7 488.0
IOC 170.5 176.3 175.9 174.7 173.6 174.6 172.8 169.4 161.5 ZYDUSLIFE 1111.0 1116.6 1133.4 1162.7 1161.1 1132.0 1173.7 1109.6 967.1

6
TECHNICAL REPORT

Head of Technical & Derivatives


Brijesh Ail Brijesh.ail@idbicapital.com

Technical Analyst
Kshitija Salvi kshitija.salvi@idbicapital.com
Shantanu Vartak shantanu.vartak@idbicapital.com

IDBI Capital Markets & Securities Ltd. (A wholly owned subsidiary of IDBI Bank Ltd.)

Retail Research Desk


th
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7
TECHNICAL REPORT

Analyst Disclosures

I, Brijesh ail; hereby certify that the views expressed in this report accurately reflect my personal views about the subject companies and / or securities. I also certify that no part of my compensation was, is or will be directly or indirectly related to the
specific recommendations or views expressed in this report. Principally, I will be responsible for the preparation of this research report and have taken reasonable care to achieve and maintain independence and objectivity in making any
recommendations herein.

Other Disclosure
IDBI Capital Markets & Securities Ltd. (Hereinafter referred to as “IDBI Capital”) was incorporated in the year 1993 under Companies Act, 1956 and is a wholly owned subsidiary of IDBI Bank Limited. IDBI Capital is one of India’s leading securities firm
which offers a full suite of products and services to individual, institutional and corporate clients namely Stock broking (Institutional and Retail) , Distribution of financial products, Merchant Banking, Corporate Advisory Services, Debt Arranging &
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underwriter of securities and participants in virtually all securities trading markets in India. We and our associates have investment banking and other business relationships with a significant percentage of the companies covered by our Research
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research services to primarily institutional investors and their employees, directors, fund managers, advisors who are registered with us. The Research Analyst has not served as an officer, director or employee of Subject Company. We or our
associates may have received compensation from the subject company in the past 12 months. We or our associates may have managed or co-managed public offering of securities for the subject company in the past 12 months. We or our associates
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actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of Research Report. IDBI Capital or its associates may have actual/beneficial ownership of 1% or
more securities of the subject company at the end of the month immediately preceding the date of publication of Research Report. The Subject Company may have been a client during twelve months preceding the date of distribution of the research
report. Price history of the daily closing price of the securities covered in this note is available at www.bseindia.com; www.nseindia.com and www.economictimes.indiatimes.com/markets/stocks/stock-quotes.

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