NIFTY BANK VIEW

Nifty Bank (24308)

Nifty Bank traded near its resistance in a narrow range. 

Now if it trades above 24400 it can show good momentum to show 24590-24700. 

If trades below 24200 it can again shed down to 24000..

Due to expiry trading sessions can be volatile, it can touch both support and resistance levels.

NIFTY 50 VIEW

Nifty 50 (9884)

Nifty showed good pull back yesterday, but is trapped in between support and resistance of 9900-9800.

Any trade above 9900..9920 will take it to 9940-9980.

If trades below 9800 it can shed to 9740-9700.

Due to expiry trading sessions can be volatile, it can touch both support and resistance levels.

VIEW ON YESBANK [AUG] ON 30/08/2017

LTP 1746

CAN SHOW 1760-1768

SUPPORT 1735

MADE A HIGH OF 1764.70
FIRST LEVEL MET
HEADING TOWARDS FINAL LEVEL

NIFTY BANK VIEW

Nifty Bank (24128)

Nifty Bank is trading near its support zone of 24000..23800 it is a break or hold zone.

If breaks from here it can shed to 23600- 23300.

 If holds it can resume to 24400-24500 again which is formed a stiff resistance.

NIFTY 50 VIEW

Nifty 50 (9796)

Nifty faced resistance @ the trendline resistance and shed to its support zone of 9780.

Patterns are showing if it doesn't hold 9780 it can shed to 9740- 9680.

Resistance is @ 9830- 9850.

NIFTY BANK VIEW

Nifty bank (24377)

Nifty bank has given a good close.

If trades above 24422 it can 24471..24496 ..24505..24600.

If trades below 24300 it can slide down to 24180.

NIFTY 50 VIEW

Nifty 50 (9912)

Nifty had given a gap up opening and has maintained the gap if today it gives one more gap up opening maintaining the gap it can catch uptrend with good force to head towards 10000 once more in this expiry.

For today above 9930 it can show 9946- 9990.

If maintains below 9900 it can slide to 9880-9840.

NIFTY BANK VIEW

Nifty Bank ( 24274)

Nifty Bank had hold 24000 in previous week and now on trading above 24400.. 24500 zone it can show 24700..24800.

Below 24000 it can slide to 23800.

NIFTY 50 VIEW

Nifty 50 (9857)

Nifty is near its resistance 9860- 9880.

Trading above 9890, it can catch uptrend to show 9910- 9920 for the day.

Support zone lies @ 9820- 9800.

If trades below 9800, it can again slide to 9750.

NIFTY BANK VIEW

Nifty Bank (23936)

Nifty Bank has also broke the support of 24000 on closing basis and if trades below 23800 it can shed to 23640..23590.

Only trading above 24300 it can give a trend-line breakout and reverse the trend to show 24550.

NIFTY 50 VIEW

Nifty 50 (9754)

Nifty 50 faced resistance @ 9880 and shed down to 9740 as mentioned in our pre-market view yesterday.

Nifty on breaking 9740 will open gates for 9700..9680 ..9640.

Trading above 9800 can take it to 9830..9840 which is again resistance zone.

Above 9880..9900 some hope of uptrend can resume.

NIFTY 50 VIEW

Nifty 50 (9837)

Short term patterns are showing selling patterns can be active on the break of 9780 levels and show 9740- 9670.

Any rise towards 9950 is a sell if it does not cross 9950 on closing basis.

Above 9950 it can show 9980-10040.

NIFTY BANK VIEW

Nifty Bank (24074)

Nifty Bank is trading near its support zone of 23900- 24000.

If in coming week breaks this it can slide to 23200.

If holds it can show 24300-24500 in coming week.

For intraday too the support zone is 23900- 24000, below this it can slide to 23500.

Above 24100 it can resume uptrend to 24300 for the day.

NIFTY BANK VIEW

Nifty Bank (24237)

Nifty Bank has faced resistance near 24400- 24500 zone being an expiry day of the week 
and slide to 24100 zone in the last hour of the day.

Today when it will trade above 24500, it can show 24600- 24680.

If it trades below 24100, it can again slide further to 23900..

NIFTY 50 VIEW

Nifty 50 (9904)

Nifty now is trading near its resistance zone of 9960-9980.

Yesterday's trade can be dip after the rally of last 3 days as nifty did not break 9880 zone though touched it twice.

Now if it trades above 9960 it can touch 9980-10020 levels.

If maintains below 9880 it can slide again to 9840-9800.

DISH TV Q1

Consol Net Loss At Rs 11.6 Cr Vs Profit Of Rs 37.6 Cr YoY.

Consol Total Income Rs 749 Cr Vs Rs 790 Cr, Down 5.2% YoY

ARPU at ₹148, up 10.4% QoQ

Consol EBITDA Margin at 27.2%; 

Subscription Revenue at Rs 691 Cr Up 11.5% YoY

NIFTY BANK VIEW

CMP [24437]

NIFTY BANK SHOWED A GOOD RALLY OF ALMOST 500 POINTS YESTERDAY.

TODAY, IF MAINTAINS ABOVE 24480, IT CAN SHOW 24620-24700

WITH THE SUPPORT OF 24250-24200

NIFTY 50 VIEW

Nifty 50 (9897)

Nifty has made reversal pattern active but it has stiff resistance @ 9920...9940 zone it can hold the rally of previous days in this zone.

The support zone lies @ 9840...9820 for the day.

Above 9940 gates open for 9980.

Below 9820 it can slide to 9780.

NIFTY BANK VIEW

Nifty Bank (24115)

Nifty Bank is above its support zone of 23800..23900.

It has just hold the zone 23800 but reversal is not active so it can trade both sides.

Today if it trades above 24200 it can show 24500.

If breaks 23800 it can slip down to 23600..23540.

NIFTY 50 VIEW

Nifty 50 (9794)

Nifty is showing reversal pattern in short term charts.
Today if it trades above 9820, it can rise to 9880..9900.

Support zone lies for the day @ 9770..9750, Nifty had in the past days reversed from this zone. 
So reversal chances are active.

But if fails to hold the support zone and breaks 9750, it will slip down to 9680 ...

Apollo Hospitals Q1

Net profit down 51.2% at Rs 35.2 cr (YoY)

Revenue up 14.9% at Rs 1,684.5 cr (YoY)

EBITDA down 7.6% at Rs 173.6 cr (YoY)

EBITDA margin At 10.3% Vs 12.8% (YoY)

GRASIM Q1

Standalone PAT at ₹347.2 cr  vs ₹320.9 cr YoY

Standalone revenue (+) 12.7% at  ₹2,986.5 cr vs ₹2,648.8 cr YoY

Standalone EBITDA at ₹621.2 cr  vs ₹586.1 cr YoY

Standalone margins at 20.8% vs 22.1% YoY

Infibeam Q1

Cons net profit up 44.9% at Rs 19.7 cr  (QoQ)

Cons revenue up 52.8% at Rs 184.6 cr (QoQ)

Cons EBITDA up 63.2% at Rs 32.8 cr (QoQ)

Cons EBITDA margin at 17.8% vs 16.6% (QoQ)

IDBI Bank Q1

Net loss of Rs 853 cr Vs Profit of Rs 241 cr (YoY)

Gross NPA at 24.1% Vs 21.2% (QoQ

Net NPA at Rs 29,580 cr Vs Rs 25,206 cr (QoQ)

NII down 17.8% at Rs 1,402 Cr (YoY)

TATA POWER Q1

Cons PAT at ₹160 cr vs ET NOW poll of ₹339 cr

Cons revenue at ₹6,968 cr vs ET NOW poll of ₹7,700 cr

EBITDA at ₹1,831 cr vs ₹1,636 cr YoY

EBITDA at ₹1,831 cr vs ₹1,636 cr YoY

Cost of power purchased at ₹1,895 cr  vs ₹2,298 cr YoY

NIFTY BANK VIEW

Nifty Bank (23985)

Nifty Bank has given a close above 23900 holding the support of 23820..23860.

Today if it holds it again the zone of 23800..it can resume to 24000..24100.

If breaks 23800 it can slide to 23690..23540 

Positionally it can slide to 23000 on maintaining below 24400.

NIFTY 50 VIEW

Nifty 50 (9710)

Nifty had shed to its support zone of 9700 with a low of 9685 and gave a neutral sign close on Friday above 9700.

For intraday it can rise to 9770..9820 on trading above 9720.

On trading below 9680..9670 zone it can slide to 9640...9620

Sun TV Q1

Net profit at Rs 251.6 cr Vs CNBC-TV18 poll of Rs 237 cr, 

Revenue at Rs 786.3 cr Vs Rs 760.8 cr (YoY)

Bank of Baroda Q1

Net Profit At Rs 203.4 Cr Vs CNBC-TV18 Poll Of Rs 459.3 Cr

Gross NPA At 11.4% Vs 10.46% (QoQ)

Net NPA At 5.17% Vs 4.72% (QoQ)

NII At Rs 3,405 Cr Vs CNBC-TV18 Poll Of Rs 3,519.6 Cr

Provisions At Rs 2,368 Cr Vs Rs 2,623 Cr (QoQ); Rs 2,004.1 Cr (YoY)

Provision Coverage Ratio At 66.3% Vs 66.8% (QoQ)

SAIL Q1

Net Loss at Rs 801 Cr Vs Loss Of Rs 536 Cr YoY; 

Revenue From ops at Rs 12,983 Cr Vs Rs 10,335 Cr, Up 25.6% YoY

Sun Pharma Q1

Consol Net Loss at Rs 425 Cr Vs PAT Rs 2,034 Cr YoY

Consol Net Sales at Rs 6,208 Cr Vs Rs 8,256 Cr YoY

One-time loss of 950.5 cr

EBITDA At Rs 1,096 Cr Vs CNBC-TV18 Poll Of Rs 1,744.5 Cr

EBITDA margin at 17.6% Vs CNBC-TV18 poll of 24.6% 

Exceptional expense of ₹950 cr  on litigation

OBC Q1

Net Loss At Rs 486 Cr Vs Profit Of Rs 101 Cr YoY.

Gross NPA at 14.83% Vs 13.73% (QoQ), 

Net NPA at 9.56% Vs 8.96% (QoQ)

Provisions At Rs 1,469 Cr Vs Rs 750 Cr YoY

IGL Q1

Net profit at Rs 161.3 cr vs Rs 134.1 cr (QoQ);

Revenue up 4.9% at Rs 1,161 Cr (YoY)

EBITDA at Rs 277.4 cr vs Rs 229.6 cr (QoQ)

EBITDA margin at 26.4% vs 22.9% (QoQ);⁠⁠⁠⁠

Board Approves Stock Split In Ratio Of 5:1

TVSMotor Q1

Net Profit At Rs 129.5 Cr Vs CNBC-TV18 Poll Of Rs 183 Cr

Revenue At Rs 3,743 Cr Vs Rs 3,148 Cr (YoY);

EBITDA up 5.5% at Rs 211.4 cr (YoY);

EBITDA margin at 6.2% vs 6.9% (YoY)

Realisation/Unit at Rs 46,661 vs Rs 45,579 (QoQ); vs Rs 43,831 cr (YoY)

JSW Energy Q1

Net Profit At Rs 217.1 Cr Vs CNBC-TV18 Poll Of Rs 302 Cr

Revenue Down 8.9% At Rs 2,231.6 Cr (YoY);

EBITDA Margin At 38.9% Vs CNBC-TV18 Poll Of 42%

Board approves entering into manufacturing of electric vehicles.

Allahabad Bank Q1

Net profit at Rs 28.8 cr vs loss of Rs 565 cr (YoY)

Gross NPA at 13.85% vs 13.09% (QoQ)

Net NPA at Rs 12,868 cr vs Rs 13,433 cr (QoQ);

NII down 10.8% at Rs 1,242.7 cr (YoY)

Provisions at Rs 1,335.3 cr vs Rs 1,430.1 (QoQ); vs Rs 1,331 Cr (YoY)

Hindalco Q1

PAT at Rs 289.6 cr vs ET NOW poll of 397 cr

Sales at `10,407 cr vs ET NOW poll of Rs 10,105 cr

EBITDA at Rs 1,148 cr vs ET NOW poll of Rs 1,235 cr

Exceptional expense of Rs 104.4 cr

Aluminium revenue up 9% at Rs 5,008 cr YoY

Cipla Q1

Cons PAT at Rs 426 cr vs ET NOW poll of 288 cr

Cons sales at Rs 3432 cr vs ET NOW poll of Rs 3,858 cr

EBITDA at Rs 645.5 cr vs ET NOW poll of Rs 644 cr

EBITDA margin at 18.8% vs ET NOW poll of 16.8%

Bosch Q1

Net profit at Rs 302.6 cr vs CNBC-TV18 poll of Rs 402 cr; 

Revenue up 3% at Rs 2,830 cr (YoY)

EBITDA at Rs 439 cr vs CNBC-TV18 poll of Rs 527 cr; 

EBITDA margin at 16.6% vs CNBC-TV18 poll of 18.4%

SBI Q1

Cons PAT at Rs 3032 cr vs ET NOW poll of Rs 2,817 cr

Gross NPA at 9.97% Vs 6.90% QoQ; 

Net NPA at 5.97% Vs 3.715 QoQ; 

Provisions at Rs 8930 Cr

Cons NII at Rs 19,323 cr vs ET NOW poll of Rs 18,558 cr

Strides Shasun Q1

Cons net profit at Rs 5.8 cr vs Rs 32.5 cr (YoY); 

Cons revenue up 6.6% at Rs 841.8 cr (YoY)

Cons EBITDA down 34% at Rs 87.3 cr (YoY); 

Cons EBITDA margin at 10.4% vs 16.7% (YoY)

Cadila Health Q1

Cons Net Profit At Rs 138.4 Cr Vs CNBC-TV18 Poll Of Rs 340 Cr

Revenue Down 4.5% At Rs 2,229 Cr (YoY)

EBITDA Down 47.1% At Rs 277.3 Cr (YoY)

EBITDA Margin At 12.6% Vs 22.9% (YoY)

Tax Expense At Rs 29.3 Cr Vs Rs 54.4 Cr (YoY)

Finance Costs At Rs 21.9 Cr Vs Rs 14 Cr (YoY)

NIFTY 50 VIEW

Nifty 50 (9820)

Nifty yesterday showed a gap down and achieved all our recommended levels till 9780.

It had a bounce back zone @ 9770 but as SGX is indicating a gap down opening nifty will open below 9770 ...9708...9710 can act as support level for the day.

Resistance lies @ 9870..9890..zone

NIFTY BANK VIEW

Nifty Bank (24217)

Nifty Bank yesterday touched its support zone of 23900..23800 zone and bounced with a closing above 24200 

It can slide to its positional bounce of 23000..22900...on trading below 23800.

Resistance zone lies @ 24400...24300

GAIL Q1

PAT at Rs 1,025 cr vs Rs 1,335 cr, down 23.2% YoY

Revenue at Rs 11,570 cr vs Rs 10,831 cr, up 6.8% YoY

EBITDA at Rs 1,898 cr vs Rs 1,592 cr YoY

Margins at 16.6% vs 14.9% YoY

Petronet LNG Q1

Net profit at Rs 437.6 cr vs CNBC-TV18 poll of Rs 452 cr

Revenue at Rs 6,435.1 cr vs Rs 6,365 cr (QoQ)

EBITDA at Rs 744 cr vs CNBC-TV18 poll of Rs 681 cr

EBITDA margin at 11.5% vs CNBC-TV18 poll of 9.3%

Other expenses at Rs 117.4 cr vs Rs 208.64 cr (QoQ)

Adani Power Q1

Cons loss of Rs 453.9 cr vs loss of Rs 232.6 cr YoY

Cons revenue at Rs 5,590.2 cr vs Rs 5,386 cr YoY

Cons EBITDA at Rs 1,560.1 cr vs Rs 1,723.8 cr YoY

Margins at 27.98% vs 32% YoY

Cons margins at 27.98% vs 32% YoY

BHEL Q1

PAT Rs 80.8 Cr Vs Rs 77.7 Cr, Up 3% YoY.

Total Revenue From Ops at Rs 5,732 Cr Vs Rs 5,821 Cr, Down 1.5% YoY.

EBITDA Loss At Rs 88.3 Cr Vs CNBC-TV18 Poll Of Rs 110 Cr Profit

Other Expenses Down 59.6% At Rs 889.7 Cr (YoY)

MOTHERSON SUMI Q1

Consol PAT at Rs 347 Cr Vs Rs 439 Cr YoY.

Consol Total Revenue at Rs 13,367 Cr Vs Rs 10,624 Cr YoY

Consol One Time-Loss at Rs 1,500 Cr

Cons EBITDA at Rs 1,189.9 cr vs ET NOW poll of Rs 1,184 cr

Cons margins at 9.2% vs ET NOW poll of 9.7%

Bharat Forge Ltd Q1

PAT at Rs 175 Cr Vs Rs 122 Cr, Up 43% YoY; 

Total Income at Rs 1,284 Cr Vs Rs 983 Cr, Up 30.6% YoY

EBITDA at ₹333.3 cr vs ₹244.4 cr YoY

EBITDA margins at 27.8% vs 27% YoY

Board approves 1:1 bonus issue

NIFTY BANK VIEW

Nifty Bank (24374)

Nifty Bank yesterday broke its support of 24700 and made a selling pattern active to show 24200..24000.

Resistance zone lies @ 24600..24700

NIFTY 50 VIEW

Nifty 50  (9908)

Nifty yesterday broke the support of 9940 and made a low of 9893.

9900 is a good bounce back zone if holds and resumes it can rise to 9920..9950... but if breaks 9900 ..9880 it can slide to 9840 ....and show 9700 in coming days.

Aurobindo Pharma Q1

Cons PAT at Rs 519 cr vs Rs 585 cr, down 11.3% YoY

Cons sales at Rs 3,678.8 cr vs Rs3,767 cr, down 2.3% YoY

Cons EBITDA at Rs 842 cr vs Rs 889 cr YoY

Cons EBITDA margins at 22.9% vs 23.6% YoY

Eicher Motors: Q1

Cons PAT at Rs 459.6 cr vs Rs 376.3 cr, up 22.1% YoY

Cons sales at Rs 2,001 cr vs Rs 1,555.7 cr, up 28.6% YoY

Cons EBITDA at Rs 645.8 cr vs Rs 516.7 cr YoY

Cons margins at 32.3% vs 33.2% YoY

TataMotors Q1

Consol PAT at Rs 3,182 Cr Vs Rs 2,236 Cr, Up 42% YoY

Total Income at Rs 59,972 Cr Vs Rs 66,339 Cr, Down 9.6% YoY

Cons EBITDA at Rs 5,595 cr vs Rs 7,616 cr YoY

Cons margins at 9.6% vs 11.7% cr YoY

JLR revenue at £5.6 bn

Cons one-time gain at Rs 3609 cr due to JLR one-time pension

NHPC Q1

PAT at Rs 863 Cr Vs Rs 858 Cr, Up 1% YoY

Total Income at Rs 2,433 Cr Vs Rs 2,360 Cr, Up 3.1% YoY

EBITDA at Rs 1,385 cr vs Rs 1,343 cr YoY

Margins at 59.5% vs 61.5% YoY

Ajanta Pharma Cons (YoY)

Profit At Rs 95 Cr Vs Rs 120 Cr;

Revenue Down 0.6% At Rs 473 Cr;

EBITDA Down 23% At Rs 127.4 Cr

BANK OF INDIA Q1

PAT at Rs 87.7 Cr Vs Loss Of 741 Cr YoY

Provisions at Rs 2,245 Cr Vs Rs 2,770 Cr YoY; 

Gross NPA 13.05% Vs 13.22% QoQ; 

Net NPA 6.70% Vs 6.90% QoQ

NIFTY BANK VIEW

Nifty Bank (24599)

Nifty Bank has shed down to its support zone of 24470..24430 zone if bounces from here it can rise to 24860.

If breaks 24430 it can show 24200..24000 levels.

NIFTY 50 VIEW

Nifty 50 (9978)

Nifty yesterday broke 10020 in the first hour and did not maintain above 10020 for rest of the day with closing below 10000.

Today if it maintains below 10020 it can fall to 9910-9900 a bounce back support.

If trades above 10020 it can rise to 10058- 10064--10136.

Muthoot Fin Q1

Net profit up 29.9% at Rs 351.1 cr (YoY);

Revenue up 7.4% at Rs 1,392.3 cr (YoY)

Provisions & write-offs at Rs 6.6 cr vs Rs 243 cr (QoQ); vs Rs 17.5 cr (YoY)

Century Text Q1

Net profit at Rs 120 cr Vs Rs 6.5 cr (YoY);

Revenue Up 0.5% at Rs 2,319 cr (YoY)

EBITDA up 58.9% at Rs 353.3 cr (YoY);

EBITDA margin at 15.2% vs 9.6% (YoY)

SRF Q1

Net Profit Seen At Rs 123 Cr Vs Rs 144 Cr (YoY)

Revenue Seen At Rs 1,416 Cr Vs Rs 1,299 Cr

EBIDTA Seen At Rs 252 Cr Vs Rs 290 Cr (YoY)

Margin Seen At 18% Vs 22%,

NIFTY BANK VIEW

Nifty Bank (24906)

Nifty Bank traded near its support and bounce back zone of 24800..24900 giving a good close above 24900...it can show 25000..25100 soon ..with the same support of 24800- 24900.

If maintains below 24800 it can slide to 24600- 24500.

NIFTY 50 VIEW

Nifty 50 (10057)

Nifty traded in a very narrow range of 40 points between 10088-10046 and hold the support of 10040- 10000.

Now when it trades above 10090 it can show 10105- 10140- 10180.

If trades below 10040 it can slide to 10000-
9980.

Nifty bank (24827)

Nifty bank has taken support @ 24580...24650 zone but the positional charts are showing neutral close .
If it maintains below 24800 zone and on breaking 24580 it can slide further down to show 24650..24480...24300 zone 
If maintaims above 24900 it can rise to 25150..25340

NIFTY VIEW

Nifty (10066)

Nifty faced resistance @ its stiff resistance zone of 10136 with a high of 10137 and cooled down to 9980 support zone with a low of 9988 in the past week and bouncing in the last hours of friday it gave a positive close above 10000.
For upcoming week it has again reversed to catch uptrend above 10070 and show 10130...10210..10300
If slides below 9980 some selling pressure can slide it to 9960...9940..9920

MRF Q1

Net Profit At Rs 106.5 Cr Vs Rs 491 Cr (YoY). 

Revenue At Rs 3,972 Cr Vs Rs 3,882 Cr (YoY)

EBITDA Slumps 67.3% To Rs 275 Cr Vs Rs 840 Cr (YoY). 

EBITDA Margin At 7.7% Vs 24.1% (YoY)

ANDHRA BANK Q1

PAT Rs 40.4 Cr Vs Rs 31 Cr, Up 30% YoY.

Gross NPA At 13.33% Vs 12.25% QoQ; 

Net NPA At 8.09% Vs 7.57% QoQ

HPCL Q1

Net Profit At Rs 925 Cr Vs CNBC-TV18 Poll Of Rs 1,029 Cr

Other income at ₹570 cr vs ₹270 cr YoY

GRMs at $5.86/bbl

Sales at ₹59,891 cr vs ₹51,600 cr YoY

EBITDA at ₹2,114 cr vs ₹3,816.7 cr YoY

Dabur Q1

Net Profit At Rs 265 Cr Vs CNBC-TV18 Poll Of Rs 271 Cr;

Revenue At Rs 1,790 Cr Vs CNBC-TV18 Poll Of Rs 1,856 Cr

EBITDA at ₹307.3 cr  vs ₹349 cr YoY

EBITDA Margin At 17.2% Vs CNBC-TV18 Poll Of 17.7%;

Volume Growth At -4.4% Vs CNBC-TV18 Poll Of -4% To -5%

M&M + MVML Q1

PAT at ₹768.3 cr vs adjusted PAT  of ₹870.6 cr YoY

EBITDA at ₹1,454 cr vs ₹1,497 cr YOY

EBITDA Margin At 13.1% Vs CNBC-TV18 Poll Of 14%;

Revenue At Rs 11,094 Cr Vs CNBC-TV18 Poll Of Rs 11,168 Cr

Tractor volumes at 81,270 units

NIFTY 50  VIEW

NIFTY 50 [10013]

YESTERDAY NIFTY CONSOLIDATED THE WHOLE TRADING SESSION BELOW ITS SHORT TERM RESISTANCE ZONE OF 10040-10050 & BROKE DOWN IN THE LAST HOUR OF TRADE TO ITS INTRADAY SUPPORT ZONE OF 10000.

TODAY, IF MAINTAINS BELOW 10016 IT CAN FURTHER SLIDE TO 9940-9930.

HOPE OF REVERSAL RISES ONLY ABOVE 10050, WHICH WILL LEAD IT TO 100080-10110.

NIFTY BANK VIEW

NIFTY BANK [24675]

ITS FACING STIFF RESISTANCE AROUND 24850-24825 AREA.

NOW, ITS HEADING TOWARDS -24540-24470-24400 AREA.

REVERSAL CAN TAKE PLACE ONLY ABOVE 24870, WHICH WILL TAKE IT TO 25000-25100 LEVELS.

Ujjivan Q1

Cons Net Loss At Rs 75 Cr  Vs Profit Of Rs 19.3 Cr (QoQ), 

Cons Income At Rs 323.4 Cr  Vs Rs 314.5 Cr (QoQ)

Gross NPA At 6.16% Vs 0.28%;

Net NPA At 2.3% Vs 0.03%

HCC Q1

Net Profit At Rs 14.5 Cr Vs Rs 11 Cr (YoY);

Revenue Down 5.3% At Rs 930.7 Cr (YoY)

EBITDA Down 1.5% At Rs 170 Cr (YoY);

EBITDA Margin At 18.3% Vs 17.6% (YoY)

Titan Q1

Standalone Net Profit At Rs 266.9 Cr Vs CNBC-TV18 Poll Of Rs 240 Cr

Standalone Revenue At Rs 3,944.5 Cr Vs Rs 2,769.3 Cr (YoY)

Watches Biz Revenue At Rs 510 Cr Vs Rs 500 Cr (YoY)

Jewellery Segment Revenue At Rs 3,308 Cr Vs Rs 2,156 Cr (YoY)

Standalone EBITDA At Rs 388.8 Cr Vs CNBC-TV18 Poll Of Rs 345 Cr

Standalone EBITDA Margin At 9.9% Vs CNBC-TV18 Poll Of 10%

IOC Q1

PAT At Rs 4,549 Cr Vs Rs 8,269 Cr YoY

Sales at Rs 1.28 lac Cr, 

GRMs at $4.32/bbl. 

Margins at 6.2% vs 12.8% YoY

EBITDA at ₹7,999 cr vs ₹13,683 cr YoY

Colgate Q1

Net Profit At Rs 136.4 Cr Vs CNBC-TV18 Poll Of Rs 125 Cr;

Revenue Down 2.1% At Rs 1,118 Cr (YoY)

Volume Growth At -5% Vs CNBC-TV18 Poll Of -6% To -8%;

Market Share At 54.3%

Cummins Q1

Standalone Net Profit At Rs 222.2 Cr Vs CNBC-TV18 Poll Of Rs 179 Cr

Standalone Revenue Up 5.3% At Rs 1,419.3 Cr (YoY);

One-time Gain Of Rs 56.1 Cr On Sale Of Assets

Standalone EBITDA Margin At 14.6% Vs CNBC-TV18 Poll Of 15%

NIFTY BANK VIEW

Nifty Bank (25055)

Nifty Bank has made three top selling pattern.

It can take nifty bank to 24800 below 24900.

If trades above 25200 uptrend can resume to 25400-25600.

Being weekly expiry nifty bank can show volatile sessions.

NIFTY 50 VIEW

Nifty 50 (10081)

Nifty opened near its stiff resistance zone of 10130..10140
and cooled down to its support zone of  10080 with a low of 10054
but closed above 10080.

Today if nifty faces resistance @ 10100 than it can cool down to 10050..10030 zone.

Above 10100 it can again resume uptrend to show 10130-10170.

Reliance Infra Q1 Cons (YoY)

PAT At Rs 334 Cr Vs Rs 439 Cr YoY.

Revenue At Rs 7,559.4 Cr  Vs Rs 7,001.6 Cr

EBITDA Up 35.5% At Rs 2,014.4 Cr;

EBITDA Margin At 26.65% Vs 21.23%

Voltas Q1

Cons Net Profit At Rs 188 Cr Vs CNBC-TV18 Poll Of Rs 165 Cr;

Cons Revenue At Rs 1,968 Cr Vs Rs 1,855 Cr (YoY)

Cons EBITDA At Rs 212.3 Cr Vs CNBC-TV18 Poll Of Rs 196 Cr;

Cons EBITDA Margin At 10.9% Vs CNBC-TV18 Poll Of 10%

Lupin Q1

Net Profit At Rs 358 Cr Vs CNBC-TV18 Poll Of Rs 432 Cr

Revenue At Rs 3,869 Cr Vs CNBC-TV18 Poll Of Rs 4,230.4 Cr

Cons EBITDA Margin At 19.8% Vs CNBC-TV18 Poll Of 20%

Godrej Props Q1

Cons Net Profit At Rs 23.3 Cr Vs CNBC-TV18 Poll Of Rs 62 Cr;

Cons Revenue Down 18.2% At Rs 248.7 Cr (YoY)

Total Income At Rs 345 Cr Vs Rs 333 Cr YoY.

Cons EBITDA Loss At Rs 18.3 Cr Vs EBITDA Of Rs 39.7 Cr (YoY)

Other Income At Rs 96.4 Vs Rs 29 Cr (YoY)

Wockhardt Q1

Cons Net Loss At Rs 409.6 Cr Vs Profit Of Rs 16 Cr (YoY)

Exceptional Loss At Rs 358.2 Cr, Due To Commercial Litigation Between Company & 2 Arms

Cons Revenue Down 18.3% At Rs 891.1 Cr (YoY);

Cons EBITDA Loss At Rs 60.1 Cr Vs EBITDA of Rs 75.3 Cr (YoY)

PNB Q1

Net Profit At Rs 343.4 Cr Vs CNBC-TV18 Poll Of Rs 358.9 Cr

Gross NPA At 13.66% Vs 12.53% (QoQ);

Net NPA At 8.67% Vs 7.81% (QoQ)

Provisions At Rs 2,609 Cr Vs Rs 5,753 Cr (QoQ) & Rs 2,284 Cr (YoY)

Provisions Coverage Ratio At 58.23% Vs 58.57% (QoQ)

NII Up 4.2% At Rs 3,855.1 Cr (YoY)

NIFTY BANK VIEW

Nifty Bank (25122)

Nifty Bank showed new high of 25179 with a doji.

If it maintains below 25100, it can show lower levels of 24900..24800 and if trades above 25180 it can rise to 25204...25280.

NIFTY 50 VIEW

Nifty 50 (10114)

Nifty yesterday showed a new high of 10128 as mentioned in our intraday view though it did not show dip to support level 10040 and turned around from 10080 zone.

It has closed near its previous high of 10114 so kind of double top formation is seen.

It can cool down to 10040..10000 if maintains below 10080.

Above 10140 near rally zone opens to 10180..10210.

Jsw Steel

Cons Net Profit At Rs 624 Cr Vs CNBC-TV18 Poll Of Rs 525 Cr;

Cons Revenue At Rs 15,977 Cr Vs Rs 12,886 Cr (YoY)

Cons EBITDA Margin At 16.4% Vs CNBC-TV18 Poll Of 17.2%;

Sales Volume At 3.51 mt Vs CNBC-TV18 Poll Of 3.62 mt

Marico Q1 Cons

Net Profit At Rs 236 Cr Vs CNBC-TV18 Poll Of Rs 257 Cr;

Revenue Down 3.5% At Rs 1,692.4 Cr Vs Rs 1,754.3 Cr

EBITDA At Rs 324.3 Cr Vs CNBC-TV18 Poll Of Rs 366 Cr;

EBITDA Margin At 19.3% Vs CNBC-TV18 Poll Of 20.6%

PC Jeweller Q1

Net Profit At Rs 135.8 Cr Vs Rs 106.6 Cr (YoY);

Revenue Up 27.3% At Rs 2,118.5 Cr (YoY)

EBITDA Up 13.4% At Rs 233.2 Cr (YoY);

EBITDA Margin At 11% Vs 12.3% (YoY)

NIFTY BANK VIEW

Nifty Bank (25103)

Nifty Bank showed new high of 25168 and if now settles above 25000- 24890 zone, it can rise to 25230- 25370.

25171 is a stiff positional resistance zone so it can shed to 24890.

NIFTY 50 VIEW

Nifty 50 (10077)

Nifty has again started to move towards its all time high and show new higher levels.

Today being the first day of the month if nifty trades above 10114 it can rise to show 10128- 10136- 10180 levels.

10000-10040  is the support zone for the day.

Below 10000 it can slide to 9980-9950.