Technical Report - 28-08-2024-28-August-2024-1536465133

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28 August 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-
2 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-
3 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-
4 08-08-2024 Buy HINDCOPPER 300-295 275 360 7.89/21
August-2024-1931660299.pdf
https://www.idbidirect.in/IDBIAdmin/Pdf/Technical%20Pick-%20JKCEMENT-20-August-
5 20-08-2024 Buy JKCEMENT 4290-4250 3950 4900 7.49/14.75
2024-1063852221.pdf
https://www.idbidirect.in/IDBIAdmin/Pdf/Technical%20Pick-%20BAJAJFIN-20-August-2024-
6 20-08-2024 Buy BAJFINANCE 6760-6625 6370 7570 4.81/13.11
1354562892.pdf

Closed calls
Sr.
Close Date Stock Remark Percentage% Link
no
https://www.idbidirect.in/IDBIAdmin/Pdf/Technical%20Pick%20Update-%20ICICI%20GI-23-August-2024-
1 23-08-2024 ICICIGI TARGET 22.63
147345466.pdf

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2
TECHNICAL REPORT

Nifty 50 25,017.75/0.03%| S&P BSE Sensex 81,711.76/0.02%| India VIX 13.63/-1.17%


Advance and Decline NIFTY - 50

EXCHANGE ADVANCES DECLINE UNCHANGED

NSE 1490 1184 67

BSE 2120 1854 78

Institutional Activities (INR In Cr)


Month till
27-Aug July-24
Date

FII 1,503.76 -28,598.68 5,407.83

DII -604.08 48,346.52 23,486.02

Global Indices

Recent Previous Change (%)

DOW 30 41250.50 41240.52 0.02%


NASDAQ 17754.82 17725.76 0.16%
S&P 500 5625.80 5616.84 0.16%
FTSE 100 8345.46 8327.38 0.21%
DAX 18681.81 18617.02 0.35%
KOSPI 2689.25 2698.01 -0.33%
NIKKIE 225 38288.62 38110.22 0.47%

HANG SENG 17874.67 17798.73 0.42%

Key Observations – NIFTY

Nifty above 25k. Nifty 50 traded with a positive bias and almost made an attempt to retest the new all-time high levels. Overall, at the close, the index was flat
by +7.15 points to close at 25017.75 levels. On the sector front, small caps were the flavour of the day, while FMCG was more than 1% lower. On the daily chart,
the candlestick body defines the “Doji” pattern, suggesting indecisiveness. The trend continues to remain strong, and we maintain that the previous all-time
high levels may be tested and a new high may be formed by 50 odd points on the higher side. However, we are observing low volumes and loss of momentum,
which suggests cautious bias and the probability of profit booking towards 24800 marks remains high.

3
TECHNICAL REPORT

Nifty Mid Cap 50 16,581.00/0.14% | Nifty Small Cap 100 19,333.30/1.05%| Bank Nifty  51,278.75/0.26%
Sectorial Advance Declines BANK NIFTY

Key Observations – BANK NIFTY

The Bank Nifty consolidates in range. The Bank Nifty too made wild ticks on both sides and closed on a positive note. Overall, the index was up by +130.65
points to close at 51278.75 levels. On the daily chart, we expect the index to trade within the range-bound session. The bias is slowly turning positive; however,
the index needs to register a strong close above 51500 for bullish momentum. Further, the placement of the averages and oscillator suggests strength, and
further a post-monthly expiry; we may see the higher side breakout.

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 222.5 213.94 218.55 220.63 223.16 225.24 227.77 232.38 IPCALAB 1397.05 1362.75 1380.70 1390.75 1398.65 1408.70 1416.60 1434.55
ACC 2346 2301.42 2323.67 2334.33 2345.92 2356.58 2368.17 2390.42 ITC 500.4 489.85 497.45 502.50 505.05 510.10 512.65 520.25
ADANIPORTS 1477.45 1443.20 1464.50 1474.70 1485.80 1496.00 1507.10 1528.40 JSWSTEEL 943.8 909.32 933.52 948.48 957.72 972.68 981.92 1006.12
AFFLE 1655 1556.00 1622.00 1666.00 1688.00 1732.00 1754.00 1820.00 JUBLFOOD 660.1 640.47 650.12 654.53 659.77 664.18 669.42 679.07
AMBUJACEM 624.1 611.30 619.10 623.95 626.90 631.75 634.70 642.50 KOTAKBANK 1801.7 1762.48 1783.88 1797.47 1805.28 1818.87 1826.68 1848.08
ASHOKLEY 261.9 249.03 255.08 257.62 261.13 263.67 267.18 273.23 L&TFH 170.75 163.18 166.53 167.77 169.88 171.12 173.23 176.58
ASIANPAINT 3152.95 3061.92 3115.57 3134.78 3169.22 3188.43 3222.87 3276.52 LALPATHLAB 3354 3225.60 3278.65 3299.40 3331.70 3352.45 3384.75 3437.80
AUROPHARMA 1545.6 1509.38 1527.63 1535.62 1545.88 1553.87 1564.13 1582.38 LICHSGFIN 685 621.20 646.25 655.65 671.30 680.70 696.35 721.40
AXISBANK 1177.9 1131.83 1152.43 1161.22 1173.03 1181.82 1193.63 1214.23 LT 3700.15 3469.88 3570.88 3606.77 3671.88 3707.77 3772.88 3873.88
BAJAJ-AUTO 10534.35 10002.92 10221.37 10311.18 10439.82 10529.63 10658.27 10876.72 LTI 5735 5554.12 5647.07 5681.03 5740.02 5773.98 5832.97 5925.92
BAJAJFINSV 1727.6 1535.07 1612.07 1649.13 1689.07 1726.13 1766.07 1843.07 M&M 2792 2738.53 2764.58 2781.27 2790.63 2807.32 2816.68 2842.73
BAJFINANCE 6865 6507.20 6650.55 6714.45 6793.90 6857.80 6937.25 7080.60 M&MFIN 319.65 297.40 307.35 311.35 317.30 321.30 327.25 337.20
BATAINDIA 1451.9 1419.92 1436.07 1443.43 1452.22 1459.58 1468.37 1484.52 MANAPPURAM 217.88 199.66 207.76 211.38 215.86 219.48 223.96 232.06
BEL 301.2 288.85 296.70 301.65 304.55 309.50 312.40 320.25 MARICO 679 646.75 665.20 675.85 683.65 694.30 702.10 720.55
BERGEPAINT 584.6 542.17 558.67 564.33 575.17 580.83 591.67 608.17 MARUTI 12481 11723.57 12028.47 12136.73 12333.37 12441.63 12638.27 12943.17
BHARTIARTL 1520.65 1466.75 1491.10 1504.55 1515.45 1528.90 1539.80 1564.15 MCDOWELL-N 1430.9 1369.17 1410.67 1437.83 1452.17 1479.33 1493.67 1535.17
BPCL 348.35 332.92 340.17 344.08 347.42 351.33 354.67 361.92 METROPOLIS 2082 1997.33 2046.93 2068.47 2096.53 2118.07 2146.13 2195.73
BRITANNIA 5764 5582.27 5692.67 5760.73 5803.07 5871.13 5913.47 6023.87 MOTHERSON 199.5 191.72 195.24 196.70 198.76 200.22 202.28 205.80
CIPLA 1594 1531.00 1564.30 1575.40 1597.60 1608.70 1630.90 1664.20 MUTHOOTFIN 1985.95 1794.47 1874.57 1907.73 1954.67 1987.83 2034.77 2114.87
COALINDIA 531.75 513.53 525.23 532.17 536.93 543.87 548.63 560.33 NAM-INDIA 697 671.38 688.18 696.57 704.98 713.37 721.78 738.58
COFORGE 6075 5860.35 5964.20 6006.10 6068.05 6109.95 6171.90 6275.75 NATIONALUM 184.76 172.74 178.24 180.47 183.74 185.97 189.24 194.74
COLPAL 3553.8 3404.53 3493.93 3545.97 3583.33 3635.37 3672.73 3762.13 NESTLEIND 2522.95 2481.72 2503.02 2515.83 2524.32 2537.13 2545.62 2566.92
CUMMINSIND 3760 3611.52 3716.72 3785.83 3821.92 3891.03 3927.12 4032.32 NTPC 410.05 399.40 406.50 411.00 413.60 418.10 420.70 427.80
DABUR 642 623.85 637.20 646.10 650.55 659.45 663.90 677.25 ONGC 328.45 316.22 322.77 326.08 329.32 332.63 335.87 342.42
DCBBANK 123.15 119.34 121.38 122.69 123.42 124.73 125.46 127.50 PEL 1080 969.77 1016.77 1034.38 1063.77 1081.38 1110.77 1157.77
DIVISLAB 4900 4685.17 4805.67 4856.83 4926.17 4977.33 5046.67 5167.17 PETRONET 368.7 357.55 363.30 366.70 369.05 372.45 374.80 380.55
DLF 846.9 816.78 833.83 841.32 850.88 858.37 867.93 884.98 PFC 535.15 470.25 496.00 505.50 521.75 531.25 547.50 573.25
DMART 4955 4813.18 4897.53 4953.77 4981.88 5038.12 5066.23 5150.58 PIDILITIND 3100.25 3030.98 3065.98 3086.97 3100.98 3121.97 3135.98 3170.98
DRREDDY 6969 6742.20 6846.70 6895.85 6951.20 7000.35 7055.70 7160.20 PNB 116 114.30 115.25 115.75 116.20 116.70 117.15 118.10
EICHERMOT 4860.8 4762.23 4812.78 4839.42 4863.33 4889.97 4913.88 4964.43 POLYCAB 6754.8 6611.57 6694.42 6741.68 6777.27 6824.53 6860.12 6942.97
ESCORTS 3870.05 3748.12 3814.27 3846.63 3880.42 3912.78 3946.57 4012.72 POWERGRID 335.5 325.58 332.03 335.52 338.48 341.97 344.93 351.38
FEDERALBNK 197.17 192.15 195.26 197.14 198.37 200.25 201.48 204.59 RECLTD 616.25 531.45 565.20 577.60 598.95 611.35 632.70 666.45
FINPIPE 290.2 277.08 283.78 286.47 290.48 293.17 297.18 303.88 RELIANCE 3001 2959.52 2987.57 3004.28 3015.62 3032.33 3043.67 3071.72
FORTIS 539.95 514.33 529.33 535.97 544.33 550.97 559.33 574.33 SAIL 135.9 131.90 134.55 136.15 137.20 138.80 139.85 142.50
GAIL 236.6 228.23 231.93 233.47 235.63 237.17 239.33 243.03 SBILIFE 1837 1678.03 1742.53 1765.47 1807.03 1829.97 1871.53 1936.03
GODREJCP 1452.65 1398.42 1424.47 1439.78 1450.52 1465.83 1476.57 1502.62 SBIN 814.95 799.30 807.70 812.75 816.10 821.15 824.50 832.90
GRASIM 2703 2627.02 2677.92 2709.68 2728.82 2760.58 2779.72 2830.62 SHREECEM 24800 24256.02 24575.72 24741.08 24895.42 25060.78 25215.12 25534.82
HAVELLS 1894.8 1791.98 1857.53 1888.72 1923.08 1954.27 1988.63 2054.18 SIEMENS 7009.95 6862.33 6960.93 7020.47 7059.53 7119.07 7158.13 7256.73
HCLTECH 1705.1 1625.77 1677.52 1701.68 1729.27 1753.43 1781.02 1832.77 STLTECH 139.9 135.28 137.08 137.75 138.88 139.55 140.68 142.48
HDFC 2724.3 2613.92 2680.97 2718.38 2748.02 2785.43 2815.07 2882.12 SUNPHARMA 1789 1728.35 1753.80 1765.90 1779.25 1791.35 1804.70 1830.15
HDFCAMC 4514 4154.30 4296.95 4351.25 4439.60 4493.90 4582.25 4724.90 TATACHEM 1084.95 1031.30 1056.30 1064.85 1081.30 1089.85 1106.30 1131.30
HDFCBANK 1634.45 1610.60 1625.80 1634.60 1641.00 1649.80 1656.20 1671.40 TATACONSUM 1210 1191.08 1203.63 1211.82 1216.18 1224.37 1228.73 1241.28
HDFCLIFE 737.7 682.28 705.43 714.72 728.58 737.87 751.73 774.88 TATAMOTORS 1079.9 1044.93 1066.58 1079.82 1088.23 1101.47 1109.88 1131.53
HEROMOTOCO 5351 5217.08 5288.03 5321.02 5358.98 5391.97 5429.93 5500.88 TATASTEEL 154.75 151.83 153.73 154.77 155.63 156.67 157.53 159.43
HINDALCO 704.45 688.80 699.00 705.45 709.20 715.65 719.40 729.60 TCS 4491 4454.20 4477.40 4491.20 4500.60 4514.40 4523.80 4547.00
HINDPETRO 404 375.33 389.43 395.67 403.53 409.77 417.63 431.73 TECHM 1626 1591.23 1614.13 1629.07 1637.03 1651.97 1659.93 1682.83
HINDUNILVR 2767 2668.45 2733.00 2771.00 2797.55 2835.55 2862.10 2926.65 TITAN 3560 3349.90 3478.20 3554.20 3606.50 3682.50 3734.80 3863.10
HINDZINC 532.45 517.67 525.27 528.13 532.87 535.73 540.47 548.07 TORNTPOWER 1686.5 1511.55 1584.45 1608.80 1657.35 1681.70 1730.25 1803.15
ICICIBANK 1221 1171.03 1194.63 1203.97 1218.23 1227.57 1241.83 1265.43 TRENT 6877.9 6519.90 6713.65 6841.80 6907.40 7035.55 7101.15 7294.90
ICICIPRULI 745 677.02 703.87 713.58 730.72 740.43 757.57 784.42 TVSMOTOR 2742.6 2635.27 2699.97 2742.48 2764.67 2807.18 2829.37 2894.07
INDHOTEL 665.3 647.55 656.75 661.90 665.95 671.10 675.15 684.35 ULTRACEMCO 11300 11048.08 11211.63 11300.37 11375.18 11463.92 11538.73 11702.28
INDIGO 4737 4516.45 4611.10 4655.55 4705.75 4750.20 4800.40 4895.05 UPL 583 564.45 573.95 579.15 583.45 588.65 592.95 602.45
INDUSINDBK 1380.05 1364.33 1373.93 1379.92 1383.53 1389.52 1393.13 1402.73 VEDL 463.8 448.82 456.47 459.73 464.12 467.38 471.77 479.42
INDUSTOWER 436.45 418.03 426.63 430.67 435.23 439.27 443.83 452.43 WESTLIFE 869 816.27 845.17 859.58 874.07 888.48 902.97 931.87
INFY 1898 1826.57 1855.42 1865.78 1884.27 1894.63 1913.12 1941.97 WIPRO 517.6 505.25 512.50 516.25 519.75 523.50 527.00 534.25
IOC 173.19 167.30 170.18 171.49 173.06 174.37 175.94 178.82 ZYDUSLIFE 1112.2 1072.38 1099.63 1117.32 1126.88 1144.57 1154.13 1181.38

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 222.5 217.3 216.1 217.7 226.4 215.7 224.5 222.0 198.3 IPCALAB 1397.1 1381.7 1355.2 1319.0 1238.6 1350.3 1252.5 1267.0 1200.9
ACC 2346.0 2329.9 2440.2 2521.4 2580.6 2387.4 2542.9 2527.8 2419.2 ITC 500.4 501.1 495.4 484.3 464.5 496.3 468.0 449.7 444.0
ADANIPORTS 1477.5 1487.3 1524.7 1513.1 1481.4 1514.5 1495.1 1424.0 1275.5 JSWSTEEL 943.8 925.2 911.8 910.8 918.3 913.2 919.6 901.1 858.8
AFFLE 1655.0 1599.5 1554.8 1509.0 1431.1 1548.7 1436.9 1282.6 1217.3 JUBLFOOD 660.1 646.1 627.7 613.1 588.4 622.5 590.1 532.1 521.6
AMBUJACEM 624.1 635.9 646.4 658.5 663.3 640.8 661.5 641.8 587.0 KOTAKBANK 1801.7 1793.8 1789.7 1795.9 1785.9 1788.1 1794.1 1751.5 1768.2
ASHOKLEY 261.9 257.5 253.3 243.6 240.5 253.8 241.9 221.1 197.3 L&TFH 170.8 166.7 170.3 176.7 179.0 169.6 176.8 169.7 164.8
ASIANPAINT 3153.0 3128.3 3080.6 3013.9 2981.5 3082.9 2991.4 2931.5 3005.9 LALPATHLAB 3354.0 3303.5 3221.7 3125.8 3012.5 3222.7 3020.4 2743.7 2605.5
AUROPHARMA 1545.6 1507.9 1474.2 1434.9 1359.3 1478.8 1367.1 1266.3 1158.4 LICHSGFIN 685.0 664.2 683.8 718.1 729.1 686.2 739.0 694.6 630.7
AXISBANK 1177.9 1167.4 1160.7 1196.8 1215.2 1159.1 1219.1 1172.7 1125.1 LT 3700.2 3604.6 3647.3 3631.0 3612.2 3629.3 3618.1 3596.7 3507.9
BAJAJ-AUTO 10534.4 10096.1 9865.9 9706.3 9681.0 9803.4 9653.1 9362.4 8291.7 LTI 5735.0 5633.7 5568.1 5609.7 5428.1 5577.7 5480.7 5128.6 5348.3
BAJAJFINSV 1727.6 1618.1 1609.1 1606.1 1598.3 1600.4 1597.4 1600.0 1613.5 M&M 2792.0 2773.6 2779.3 2774.8 2813.4 2770.0 2812.8 2568.9 2140.7
BAJFINANCE 6865.0 6684.0 6693.6 6761.6 6940.8 6677.7 6900.5 6926.1 6988.3 M&MFIN 319.7 310.2 305.4 302.1 301.6 302.0 301.2 287.7 282.9
BATAINDIA 1451.9 1428.2 1499.7 1521.2 1504.3 1485.5 1499.2 1432.4 1475.7 MANAPPURAM 217.9 210.3 208.7 212.3 206.4 208.2 207.3 195.7 183.0
BEL 301.2 302.5 304.9 311.4 309.4 303.4 310.1 280.9 229.7 MARICO 679.0 669.5 665.1 663.1 645.8 666.3 649.5 607.3 566.2
BERGEPAINT 584.6 564.5 554.2 541.2 527.0 551.7 530.0 518.4 546.8 MARUTI 12481.0 12251.6 12601.2 12657.1 12514.8 12415.8 12403.9 12529.5 11642.0
BHARTIARTL 1520.7 1478.2 1473.8 1468.7 1448.2 1475.8 1455.7 1385.9 1233.9 MCDOWELL-N 1430.9 1424.6 1427.4 1384.8 1344.9 1424.3 1349.6 1271.2 1184.9
BPCL 348.4 344.8 344.2 329.9 320.9 342.1 321.9 311.4 281.4 METROPOLIS 2082.0 2086.2 2086.4 2074.1 2039.6 2075.2 2039.2 1944.2 1796.3
BRITANNIA 5764.0 5758.6 5775.8 5793.9 5673.7 5765.5 5670.8 5360.6 5162.4 MOTHERSON 199.5 189.6 186.2 190.0 188.0 189.3 192.5 163.4 134.7
CIPLA 1594.0 1584.4 1560.2 1542.0 1532.1 1563.7 1532.6 1483.5 1412.7 MUTHOOTFIN 1986.0 1883.3 1859.2 1839.4 1819.5 1863.8 1820.6 1753.6 1575.6
COALINDIA 531.8 525.0 524.8 515.2 503.4 523.3 502.6 483.4 439.1 NAM-INDIA 697.0 692.9 672.2 665.0 658.8 665.0 658.9 617.9 543.0
COFORGE 6075.0 6054.6 6042.0 6029.7 5785.7 6046.4 5859.3 5470.0 5775.7 NATIONALUM 184.8 172.5 176.5 182.0 185.1 177.6 186.2 185.4 157.6
COLPAL 3553.8 3548.7 3436.6 3332.9 3195.4 3463.8 3180.6 2972.5 2711.6 NESTLEIND 2523.0 2518.5 2497.5 2522.9 2529.6 2502.5 2536.4 2515.4 2518.1
CUMMINSIND 3760.0 3791.7 3667.7 3683.9 3769.3 3742.6 3822.8 3616.4 2939.5 NTPC 410.1 403.9 409.5 398.0 388.2 407.8 388.5 374.1 340.5
DABUR 642.0 631.0 634.2 635.3 624.1 631.4 623.4 582.9 561.1 ONGC 328.5 330.9 329.5 324.3 309.4 328.5 308.5 290.9 262.1
DCBBANK 123.2 121.1 122.0 126.2 132.7 121.6 130.0 130.0 129.8 PEL 1080.0 971.5 984.5 974.2 949.5 1002.2 957.2 904.2 906.1
DIVISLAB 4900.0 4814.4 4871.0 4771.3 4698.8 4851.0 4682.7 4351.6 4010.1 PETRONET 368.7 374.4 369.2 358.0 343.6 368.5 348.9 325.2 283.3
DLF 846.9 852.7 854.5 841.4 841.9 848.8 841.6 851.6 808.9 PFC 535.2 510.3 511.3 525.2 512.7 513.5 518.3 481.8 436.1
DMART 4955.0 5006.6 4988.9 5000.2 4935.9 4984.5 4939.0 4793.7 4348.2 PIDILITIND 3100.3 3072.9 3133.3 3142.0 3132.8 3101.0 3119.9 3056.1 2864.0
DRREDDY 6969.0 6923.7 6900.1 6824.8 6504.9 6902.3 6638.2 6327.0 6123.9 PNB 116.0 115.4 119.8 119.5 121.6 117.3 119.9 124.5 114.2
EICHERMOT 4860.8 4859.0 4787.1 4820.2 4800.1 4821.3 4823.8 4689.9 4277.4 POLYCAB 6754.8 6689.6 6676.4 6561.3 6694.9 6661.7 6689.2 6387.7 5663.0
ESCORTS 3870.1 3794.3 3883.9 3935.2 4025.5 3838.9 4003.8 3767.6 3367.1 POWERGRID 335.5 336.9 344.6 342.8 335.3 342.7 338.2 319.8 284.3
FEDERALBNK 197.2 202.3 199.4 197.5 189.3 199.5 191.6 175.9 163.4 RECLTD 616.3 591.4 602.1 609.4 571.4 596.7 583.7 542.0 484.8
FINPIPE 290.2 288.6 302.5 311.6 321.7 296.0 312.8 300.8 259.1 RELIANCE 3001.0 2983.8 2971.8 3020.0 3013.3 2971.8 3025.1 2963.0 2828.8
FORTIS 540.0 534.9 517.1 507.9 494.6 513.8 494.9 472.1 438.8 SAIL 135.9 132.4 137.9 141.9 145.9 137.0 144.2 150.7 133.1
GAIL 236.6 233.9 235.1 232.5 225.6 232.6 227.1 214.7 187.5 SBILIFE 1837.0 1763.2 1745.6 1694.1 1615.4 1736.5 1623.8 1532.8 1490.4
GODREJCP 1452.7 1407.9 1438.7 1446.6 1425.0 1436.4 1424.4 1352.3 1246.2 SBIN 815.0 813.7 827.9 844.2 843.1 824.7 841.7 823.5 743.6
GRASIM 2703.0 2670.5 2658.2 2721.6 2659.1 2663.0 2681.0 2521.8 2310.7 SHREECEM 24800.0 24618.9 25477.2 26082.6 26485.8 25487.6 26736.3 26132.2 26497.7
HAVELLS 1894.8 1883.6 1851.3 1845.0 1854.2 1846.7 1852.8 1777.5 1579.8 SIEMENS 7010.0 7049.1 6937.8 7037.3 7254.6 6973.6 7282.2 6823.2 5502.1
HCLTECH 1705.1 1668.3 1637.2 1603.3 1538.9 1634.3 1564.0 1485.1 1495.1 STLTECH 139.9 137.0 141.6 143.5 141.5 138.2 139.9 134.7 137.3
HDFC 2724.3 2775.2 2737.6 2712.4 2722.2 2735.9 2716.0 2688.6 2627.0 SUNPHARMA 1789.0 1755.6 1736.8 1693.7 1622.4 1740.5 1634.2 1577.7 1478.3
HDFCAMC 4514.0 4320.9 4218.0 4171.0 4119.2 4205.9 4131.2 3952.3 3665.3 TATACHEM 1085.0 1059.2 1074.1 1067.9 1090.4 1064.8 1076.9 1083.5 1055.9
HDFCBANK 1634.5 1626.4 1628.1 1624.9 1644.8 1628.4 1642.9 1577.2 1549.5 TATACONSUM 1210.0 1190.1 1192.4 1186.8 1156.1 1190.5 1156.0 1126.9 1095.4
HDFCLIFE 737.7 708.8 705.4 681.8 645.6 706.3 656.1 617.8 621.9 TATAMOTORS 1079.9 1080.9 1086.5 1068.9 1036.5 1082.1 1035.2 1007.3 918.5
HEROMOTOCO 5351.0 5244.5 5276.2 5346.2 5458.1 5278.8 5430.0 5149.5 4671.1 TATASTEEL 154.8 150.9 154.6 157.5 164.9 154.5 164.2 166.1 151.7
HINDALCO 704.5 668.4 656.3 662.8 670.8 653.1 670.3 656.9 599.5 TCS 4491.0 4427.2 4350.8 4257.8 4132.2 4350.9 4166.5 4018.4 3922.3
HINDPETRO 404.0 394.0 391.5 378.0 368.0 390.7 363.2 350.4 320.1 TECHM 1626.0 1586.9 1541.4 1525.1 1478.4 1546.9 1497.1 1385.5 1327.1
HINDUNILVR 2767.0 2771.0 2744.9 2720.6 2630.2 2745.2 2644.5 2489.9 2478.4 TITAN 3560.0 3511.2 3447.6 3403.4 3393.4 3445.3 3393.8 3429.0 3521.5
HINDZINC 532.5 513.5 521.9 529.6 554.7 577.8 622.7 579.2 444.5 TORNTPOWER 1686.5 1715.1 1790.6 1752.0 1722.0 1728.0 1609.8 1537.1 1282.9
ICICIBANK 1221.0 1186.8 1192.2 1207.1 1189.4 1187.7 1199.4 1155.8 1084.8 TRENT 6877.9 6697.3 6182.0 5999.7 5791.1 6188.5 5749.9 5100.1 4195.1
ICICIPRULI 745.0 732.0 729.1 698.4 665.3 728.0 674.5 630.0 583.5 TVSMOTOR 2742.6 2680.4 2603.0 2557.6 2502.3 2600.4 2496.9 2317.6 2156.7
INDHOTEL 665.3 638.0 631.8 621.6 619.3 627.8 621.5 600.4 544.6 ULTRACEMCO 11300.0 11245.2 11438.8 11496.0 11375.0 11437.5 11448.7 10684.3 10180.5
INDIGO 4737.0 4471.7 4418.4 4401.9 4357.1 4376.2 4335.5 4175.4 3580.8 UPL 583.0 569.6 557.5 556.2 558.7 558.1 559.2 533.0 532.3
INDUSINDBK 1380.1 1367.7 1376.3 1391.5 1430.2 1378.9 1423.6 1449.8 1489.0 VEDL 463.8 442.7 439.0 441.4 444.9 439.2 447.7 428.9 344.8
INDUSTOWER 436.5 423.8 426.1 419.8 359.1 423.9 401.4 370.2 293.7 WESTLIFE 869.0 837.9 827.2 836.8 841.2 818.6 830.4 831.5 823.9
INFY 1898.0 1853.1 1822.3 1788.9 1689.8 1833.4 1728.7 1589.3 1577.3 WIPRO 517.6 514.5 509.0 522.4 512.4 508.2 516.0 489.2 477.4
IOC 173.2 170.6 175.5 173.3 171.4 172.6 170.5 168.6 156.1 ZYDUSLIFE 1112.2 1166.4 1204.4 1196.0 1163.9 1213.3 1164.8 1087.0 930.3

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.

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