NIFTY 50 VIEW

Nifty 50 (9735)

Nifty yesterday did not hold its bounce back zone of 9750 and gave a close below 9750.

Today if it maintains below 9770-9780 it can again show selling pressure towards 9700-9680.

If maintains above 9790 it can show bounce towards 9840..9860..9900.

NIFTY BANK VIEW

Nifty Bank (23812)

Nifty Bank did not hold its bounce back zone and closed below 23880.

Today to show pull back it has to trade above 23890 and show 24180-24500 if faces resistance in this zone of 23880- 23900 it can again show selling pressure towards 23600-23400.

NIFTY BANK VIEW

Nifty Bank (24165)

Nifty Bank is heading towards its bounce back support of 23850.

Sell on rise is the strategy for the day 
24250-24470 are resistance zone.

If maintains above  24600 it can show some pull back towards 24800.

NIFTY 50 VIEW

Nifty 50 (9872)

Nifty yesterday did not hold the support of 9950-9900 and shed to 9816 forming strong selling pattern.

Today on trading below 9800, it can shed to 9750- 9740 completing the selling pattern. 

Sell on rise should be the strategy today as it can rise to 9900- 9920.

Above 9950 it can resume to show some pull back.

NIFTY BANK VIEW

Nifty Bank ( 24368)

Nifty Bank is heading towards 23800 in this week, if trades below 24300. 

If trades above 24480- 24500, it can also resume back to 24700 today.

NIFTY 50 VIEW

Nifty 50 (9964)

Nifty opened below 10100 and showed steep fall towards 10000-9950.

If nifty maintains above 9950, it can act as bounce back zone

Above 10000-10040 only uptrend can resume.

Below 9950, It can show 9880-9800.

NIFTY 50 VIEW

Nifty 50 (10121)

Nifty yesterday showed selling pressure in the first hours of trade but resumed back from the the low (10058) of the day as it was a support and bounce back zone (10080).

Today if it holds above 10110-10100 zone and crosses 10040 it can show 10167- 10180.

If trades below 10060 it can slide to 10040- 10000.

NIFTY BANK VIEW

Nifty Bank (24965)

Nifty Bank is not able to maintain above 25000 and showing a neutral close in past trading sessions.

It can show a dip towards 23800 and bounce back.

Below 23800 support zone lies at 23600..23500 

Above 25000 it can catch uptrend again

NIFTY 50 VIEW

Nifty 50 (10141)

Nifty has crossed all time high but is not able to show good momentum.

It can either slide make dip to 10100..10080 and bounce back.

To show uptrend it has to trade above 10180 and show 10195-10220.

NIFTY BANK VIEW

Nifty Bank (25041)

Nifty Bank has traded in a very narrow range yesterday and has given a neutral close.

Now if it trades below 25000 it can slide to 24800.

If trades above 25100 it can show 25300.

NIFTY 50 VIEW

Nifty (10147)

Nifty traded yesterday the same range of the previous day, range 10120-10180
but gave opening with a new high.

Break through either side will decide the further trend in it.

Above 10180 is 10195-10220.

Below 10120 is 10000-9980.

NIFTY BANK VIEW

Nifty Bank (25046)

Nifty Bank has also given a gap up opening and now is heading towards its all time high of 25198.

Support is at 24900-24800. 

Resistance is at 25100-25200.

If trades below 24800 it can shed to 24700-24500.

NIFTY 50 VIEW

Nifty 50 (10153)

Nifty has given a breakout above its all time high of 10137,with a gap up opening.

Now nifty has entered into a new rally zone it can show 10170-10190-10200.

With the support of 10120-10130.

If trades below 10120 it can show 10080.

NIFTY BANK VIEW

Nifty Bank (24844)

• Nifty Bank has been consolidating in the zone of 24600-25000 it can show good momentum on breaking this range either side. 

• Below 24600, it can slide to 24500.
Above 25000 it can show 25200-25400.

NIFTY 50 VIEW

Nifty 50 (10085)

• Nifty is trading near its resistance of 10100-10140 on crossing this, It can show a good momentum and rise towards 10224-10300. 

• Support zone is raised to 10060-10080.

• If nifty trades below 10060 it can slide to 10000-9980.

NIFTY BANK VIEW

Nifty Bank (24912)

Nifty Bank has been consolidating from last three days 24600..25000 zone closing with a neutral patterns.

Today if it breaks 24800 it can slide to 24700..24600.

If maintains above 25000 it can again catch momentum of uptrend to show 25086..25200.

NIFTY BANK VIEW

Nifty Bank (24912)

Nifty Bank has been consolidating from last three days 24600..25000 zone closing with a neutral patterns.

Today if it breaks 24800 it can slide to 24700..24600.

If maintains above 25000 it can again catch momentum of uptrend to show 25086..25200.

NIFTY 50 VIEW

Nifty 50 (10079)

Nifty yesterday traded near its all time high  (10137) but did not cross it and made a high of 10131.

The closing patterns are showing selling signals on maintaining below 10060-10050 zone it can show 10020-10000-9980.

If trades above 10100 and on crossing 10140 uptrend can resume towards 10160-10180.

NIFTY BANK VIEW

Nifty Bank (24784)

Nifty Bank has given a good breakout it can soon show 24850- 24920 with the support of 24770- 24750.

If trades below support it can shed to 24700-24680.

NIFTY 50 VIEW

Nifty 50 (10093)

Nifty has reversed with a positive formation from 9900 and now is heading towards 10137 the all time high.

It can show new high of 10180 levels.

Support zone is @ 10040, if trades below this it can cool down to 9980.

NIFTY BANK VIEW

Nifty Bank (24672)

Nifty Bank has given a fresh breakout from the consolidation range of last week.

It is heading towards 24780-24880, with the support of 24400-24450 zone.

If it trades below 24400 it can slide to 24340-24280.

NIFTY 50 VIEW

Nifty 50 (10006)

Nifty yesterday traded above the consolidation range of last week forming uptrend active once again.

Now the support zone is 9960-9980 for today and maintaining above 10030 it can show 10080-10140.

If it trades below 9960 it can again slide to 9940-9920.

VIEW ON MARUTI ON 07/09/2017

Maruti cmp 7941 is ready for a rally of 300 points in a week with the support of 7770.

MADE A HIGH OF 8177

VIEW ON INDUSIND BANK ON 06/09/2017

Watch indusind bank cmp 1690 

can show 1730..1760 in 3..5 trading sessions 

with the support of 1654..1658 zone

MADE A HIGH OF 1802
FINAL LEVEL MET

VIEW ON JUBLIANT FOOD ON 06/09/2017

Watch jubilant food cmp 1404 

support 1370..1390  

can show 1430..1444..1464

MADE A HIGH OF 1465
FINAL LEVEL MET

NIFTY BANK VIEW

  Nifty Bank (24370)

• Nifty Bank is trapped in a very narrow range of 23900-24500 from last month.

• Break through either side will decide the further trend in market. 

• In positional charts nifty bank has to trade above 24500 to show 24634-24800-25000 levels. 

• Below 23900, it can slide to 23600-23400.

NIFTY 50 VIEW

Nifty 50 (9934)

• Nifty consolidated in the range of 9880-9990 last week.

• It gave a closing with neutral to positive closing above 9900. 

• If it holds 9880 zone and maintains above 9940, it can rise to 9995-10040. 

• If breaks 9900-9880, it can slide to 9860- 9840-9800.

NIFTY BANK  VIEW

Nifty Bank (24304)

Nifty Bank is trading near its support zone of 24200-24400.

It has given a neutral pattern close.

Today when it trades above 24330, it can rise to 24390-24480.

If trades below 24300 it can slide to 24240- 24150.

NIFTY 50 VIEW

Nifty 50 (9929)

Nifty is consolidating from last three days near its support zone of 9900 9910 and yesterday has closed above 9910 which is a good sign.

Today it can show 9980-10040 on trading above 9940.

If maintains below 9930-9940 it can again shed to 9900- 9880.

NIFTY BANK VIEW

Nifty Bank (24279)

Nifty Bank is trapped in a zone of 24500-24000 break through either side can show the further trend.

Today being weekly expiry trading session can be volatile.

Support zone is 24100, below this it can slide to 24000-23900.

If holds above 24340, it can show 24430-24580.

NIFTY 50 VIEW

Nifty 50 (9916)

Nifty is near its support zone of 9910..9880.

Yesterday it gave a dip to 9880 and resumed back but consolidated near 9910-9925.

Today it has to trade above 9930-9940 zone to show 9980-10000.

If trades below 9880-9860, it can slide to 9820-9810.

NIFTY BANK VIEW

Nifty Bank (24328)

Nifty Bank is trading near its support zone of 24200..24100.

Nifty bank has resistance zone @ 24450- 24500 zone on crossing this it can show good momentum towards 24700.

Below 24100 it can slide to 23900.

NIFTY 50 VIEW

Nifty 50 (9952)

Nifty yesterday has hold the zone of 9900-9910 zone and gave a positive close above 9950.

Today if holds the zone of 9930 and trades above 9980- 9990 it can rise to show 10040-10060.

Below 9900 it can again show selling pressure towards 9880-9840.

NIFTY BANK VIEW

Nifty Bank (24236)

Nifty Bank is near its support zone of 24200-24100.

To catch uptrend and show higher levels it has to trade above 24340 and cross 24450 zone.

If trades below 24200, it can slide to 24100-24000.

NIFTY 50 VIEW

Nifty 50 (9912)

Nifty 50 has given a close near its support zone of 9900..9920.

It has to trade above 9920 to catch uptrend and rise towards 9980-10048.

If maintains below 9880 it can again slide to 9850-9830.

Traders should keep positions light and hedged as market can show volatile moves on uncertainty of global war like situation between Korea and America.

NIFTY BANK VIEW

Nifty Bank (24434)

Nifty Bank is still in the consolidating phase as it did not cross 24500 zone.

Support zone lies @ 24000 and above 24500 it can rise 24590-24600.

Below 24000 it can shed to 23800.

NIFTY 50 VIEW

Nifty 50 (9974)

Nifty has given a trend-line breakout and closing above it with a positive formation.

It is heading towards 10000-10040 with the support of 9900 any dip can be used as buying opportunity.

Below 9900 it can again shed to 9850-9830.

VIEW ON CENTURY TEX [EQ] ON 30/08/2017

Eq Century tex cmp 1220

Can show 1244..1254 

with the support of 1190

MADE A HIGH OF 1254
ALL LEVELS MET

VIEW ON DLF [EQ] ON 29/08/2017

LTP 184

CAN SHOW 188-192-194

SUPPORT 179

MADE A HIGH OF 192.60
SECOND LEVEL MET
HEADING TOWARDS FINAL LEVEL
REVISE SUPPORT IN YOUR FAVOUR

VIEW ON HERO MOTOCO [EQ] 31/08/2017

LTP 3996

CAN SHOW 4045-4065-4085

SUPPORT AREA 3950-3940

MADE A 52 WEEKS HIGH OF 4091.95
ALL LEVELS MET

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