TECHNICALVIEW

MOVINGAVERAGE 21DAYS

50DAYS

100DAYS

200DAYS

NIFTY
BANKNIFTY

8702
18163

8594
18186

8276
18432

8595
18094

NIFTYPIVOTREPORT
DAILY

R2
8720

R1
8464

PP
8336

S1
8208

S2
7951

WEEKLY

R2
9490

R1
8776

PP
8419

S1
8062

S2
7348

MONTHLY

R2
10273

R1
9089

PP
8497

S1
7905

S2
6721

BANKNIFTYPIVOTREPORT
DAILY

R2
19181

R1
18449

PP
18083

S1
17716

S2
16984

WEEKLY

R2
20248

R1
18820

PP
18106

S1
17392

S2
15964

MONTHLY

R2
22098

R1
19560

PP
18291

S1
17022

S2
14484

NSEEQUITYDAILYLEVELS
COMPANY NAME

R3

R2

R1

PP

S1

S2

S3

ACC
ALBK

EQ
EQ

1616
105

1573
102

1557
101

1530
100

1514
99

1487
97

1444
95

AMBUJACEM
ASIAN PAINT
AXISBANK
BAJAJ-AUTO

EQ
EQ
EQ
EQ

246
810
564
2083

240
804
545
2036

237
788
534
2018

234
776
527
1989

230
760
516
1971

228
749
509
1942

221
721
490
1895

BANKBARODA
BANKINDIA
BHEL
BHARTIARTL
CIPLA
COALINDIA
DLF
DRREDDY
GAIL
GRASIM
HCLTECH
HDFC
HDFCBANK
HEROMOTOCO
HINDALCO
HINDUNILVR
ICICIBANK
ITC
INDUSIND BANK
INFY
JINDALSTEL
KOTAKBANK
LT
M&M
MRF
MARUTI
ONGC
ORIENTBANK
RANBAXY
RCOM
RELCAPITAL
RELIANCE
RELINFRA
RPOWER
SBIN
SSLT
SUNPHARMA
TATAMOTORS
TATAPOWER
TATASTEEL
UNIONBANK

EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ

189
232
242
416
704
400
146
3712
390
3851
952
1335
1046
2502
143
948

182
222
238
407
675
389
139
3611
380
3757
926
1294
1028
2430
138
918

177
215
236
403
657
383
135
3551
375
3725
915
1272
1018
2390
134
903

175
212
233
399
646
378
132
3510
370
3662
901
1253
1009
2358
132
888

170
205
231
395
627
373
128
3451
365
3631
889
1232
999
2318
129
873

168
202
229
391
616
368
125
3410
360
3568
875
1212
990
2285
126
858

161
192
225
382
587
357
119
3309
350
3473
850
1171
972
2213
121
828

320
363
917
2382
165
1471
1803
1255
42718
3775
336
240

314
355
878
2212
157
1418
1747
1218
41031
3644
325
227

311
351
854
2103
153
1393
1712
1195
39987
3592
321
218

309
346
839
2041
149
1364
1691
1181
39344
3513
314
214

306
342
815
1933
145
1339
1657
1158
38300
3461
310
205

303
337
800
1871
142
1311
1635
1144
37657
3382
303
201

298
328
760
1701
134
1257
1579
1107
35970
3251
291
188

69
441
909
443
61
287
226
982
537
81
393
162

66
431
893
434
59
281
216
964
526
80
381
156

65
425
886
430
58
279
210
956
521
79
376
152

64
421
877
436
57
276
207
947
514
78
369
149

62
415
870
422
56
273
201
938
509
77
363
145

61
411
861
417
55
271
197
929
503
76
357
143

59
401
845
409
54
266
188
911
492
74
344
136

NSE - WEEKLY NEWS LETTERS

Steel Strips Wheels Q4 net profit at Rs. 11.9 crore - Steel Strips Wheels Ltd has
announced the following results for the quarter & year ended March 31, 2015. The company
reported net profit of Rs. 11.9 crore in Q4 FY15 against Rs. 4.3 crore. During the period under
review, the company's Total Income stood at Rs. 294 crore Vs Rs. 302.7 crore (YoY). The
Board of Directors of the Company at its meeting held on April 24, 2015, inter alia, has
recommended, subject to the approval of shareholders, dividend of Rs. 2/- per fully paid up
equity shares of Rs. 10/- each.

Cairn India Q4 net loss at Rs. 241 crore - Cairn India Ltd has posted a net loss of Rs.
2,408.20 million for the quarter ended March 31, 2015 as compared to net profit of Rs.
3,0354.40 million for the quarter ended March 31, 2014. Total Income has decreased from Rs.
52,128.20 mn for the quarter ended March 31, 2014 to Rs. 28,664.80 million for the quarter
ended March 31, 2015. The Audited Consolidated results for the Year ended March 31, 2015
The Group has posted a net profit of Rs. 44796.00 million for the year ended March 31, 2015
as compared to Rs. 124317.90 million for the year ended March 31, 2014. Total Income has
decreased from Rs. 202644.10 million for the year ended March 31, 2014 to Rs. 164554.70
million for the year ended March 31, 2015. The company has recommended the Final Dividend
of Rs 4/- per Equity share for the year ended March 31, 2015. The Final Dividend, if declared
by the shareholders at the ensuing Annual General Meeting will be paid by August 07, 2015.

Gujarat Gas Q4 PAT at Rs. 62.6 crores - Gujarat Gas Company Ltd has announced the
following results for the quarter & year ended March 31, 2015. The Un-Audited Consolidated
results for the Quarter ended March 31, 2015 The Group has posted a net profit after taxes and
minority interest of Rs. 626.70 million for the Quarter ended March 31, 2015 where as the
same was at Rs. 492.70 million for the Quarter ended March 31, 2014. Total Income is Rs.
5643.90 million for the Quarter ended March 31, 2015 where as the same was at Rs. 7939.70
million for the Quarter ended March 31, 2014. The Audited Consolidated results for the Year
ended March 31, 2015
The Group has posted a net profit after taxes and minority interest of Rs. 3137.80 million for
the year ended March 31, 2015 where as the same was at Rs. 4186.10 million for the year
ended March 31, 2014. Total Income is Rs. 25928.20 million for the year ended March 31,
2015 where as the same was at Rs. 39930.30 million for the year ended March 31, 2014. "The
previous Financial Year that began on January 01, 2013 had been extended by a period of three
months, to close on March 31, 2014, so that the Financial Statements giving effect to such
extension had been compiled for a period of 15 months from January 01, 2013 to March 31,
2014. Hence, the current period's results for 12 months ended on March 31, 2015 are not
comparable with the previous period's results for 15 months ended on March 31, 2014.

 Bharti Airtel stock up 1% on block deal - Shares of Bharti Airtel Ltd were trading higher
1% at Rs. 402 on BSE today. Around 50 lakh shares were traded in a single block at Rs. 400 on
the NSE. The stock opened at Rs. 400 as against the previous close of Rs. 399.85 on NSE. It
has hit a high of Rs. 403.20 and a low of Rs. 395 on NSE today. Total traded quantity on the
counter stood at over 64.8 lk shares on NSE.

Reliance Capital rebounds after signing MoU - Reliance Capital recovered all-the-losses
and rebounded into the positive zone in late morning deals on the BSE, on the back of positive
news flow. According to a release issued by the company to the BSE, Reliance Capital Asset
Management today announced that it has signed a Memorandum of Understanding (MoU) for
Strategic Alliance with Samsung Asset Management, Korea.
So far during the day, the stock has touched a high at Rs. 426 and a low at Rs. 419, respectively.
Now, Reliance Capital is up 0.5% at Rs. 425, and has witnessed trades of around 162,000
shares as compared to its daily average volume of 413,000 shares.
ShopClues.com collaborates with Gitanjali to launch MAYA collection
ShopClues.com, Indias first and largest managed marketplace enters into a strategic
partnership with Gitanjali to launch their special jewellery collection MAYA. The exclusive
launch of the new brand is marked by the unveiling of a celebrity banner featuring svelte actor
Raima Sen. Through this partnership, ShopClues.com offers access to MAYAs classic gold
jewelry collection to millions of shoppers pan India.
RedBus.in starts sports travel culture in India by launching RCB Fan-Tours - Heres
something to rejoice for RCB fans! redBus, Indias largest online bus ticket booking platform,
has partnered with Royal Challengers Bangalore to launch a first-of-its-kind concept in India,
RCB Fan-Tours. The tours will allow die-hard fans of RCB to travel to RCBs home ground in
Bengaluru to watch their team in action. The Fan-Tours consist of a package that comprises
A/C bus tickets to and from the city, hotel stay (including cab transfers) and match tickets. The
package also provides a free sports jersey for the fans and a chance to win RCB memorabilia.
Prakash Sangam, CEO, redBus said - RCB Fan-Tours is our attempt to establish a
sports travel culture in our country. Cricket is a religion in India and we wanted to engage with
our audiences on this passion point by launching this new concept. Since Team RCB has a huge
fan following, we felt that a partnership with them was the best way to launch this
never-before-done concept in India. The tie-up will also help us reinforce our brand in the
market. We have also developed a digital only campaign #DONTMISSTHEBUS to promote
this and you will soon see video bytes of RCB players, fan videos, and lots of other cool
content talking about this initiative.

 Economic news
Affected by sluggish Chinese demand, the country has exported only 4.5mn bales of cotton so
far and the overall shipments are expected to fall by 29% to 7mn bales in the ongoing crop year
ending September.
The recurring spells of un-seasonal rains and hailstorms has caused massive damage in the
mango belt of Uttar Pradesh with the output estimated to fall 50%.
An Indian parliamentary committee has recommended that price caps should be extended to all
drugs in the country and that the government should expedite the capping process.

In its first official monsoon outlook for the year, the India Meteorological Department said
Southwest monsoon received by the country this year could be below normal, at 93% of the
long-period average.
Telecom Commission, the highest policy making body of the Department of
Telecommunications, has decided to refer back
recommendations on spectrum sharing and
trading to telecom regulator TRAI for further clarifications.

India is likely to remain a net importer of iron ore in 2015-16 as the falling international prices
might encourage steel majors to continue import of key steel-making raw material through the
current year.
The National Highways Authority of India will raise Rs.280bn in the current fiscal by issuing
tax-free bonds.
Indian sowing of corn in Kharif 2015 is likely to be lower this year as global oversupply
impacts domestic prices and exports, thereby impacting return on investment of growers.
Retailers Association of India has emphasized the need for a national policy on trade for retail.

Top corporate news

Honda Cars India has hiked prices of its entry level car Brio and compact sedan Amaze by up
to Rs.800 to offset change in cost structure following tax rationalization in the Budget.
Oil and Natural Gas Corp has agreed to take over a part of the abandoned assets of the
western offshore Tapti gas field from its joint venture partners Reliance Industries and BG
once output falls to zero.

Oil India said it has commissioned a 54 MW wind energy project in Gujarat and Madhya
Pradesh.
NTPC Limited has launched a single-window system to deal with the procurement needs of
the power plants across the country in place of a plant-wise tender process being practiced so
far.
Jet Airways, which plans to enhance its services on the US routes, may ask its strategic
investment partner Etihad to return two of its Boeing-777 planes which are currently on lease
with the Gulf-based carrier.

Mahindra & Mahindra aims to present a formal offer for Pininfarina in time for the Italian
car designer's April 29 shareholder meeting.
JSW Steel said its crude steel production grew 4% to 12.63mn tonnes for the 2014-15 fiscal.
BHEL has commissioned a 250-mw coal-based thermal power plant in Gujarat.
Power Finance Corporation Ltd's plans to raise up to Rs.600bn through short and long term
borrowings in the current financial year to primarily meet the funding requirements of power
sector units and projects.
Adani Group has finally acquired Lanco Infratech's 1200 MW Udupi power plant for an
enterprise value of Rs.63bn.
Kotak Mahindra Bank has approached the Foreign Investment Promotion Board to hike
foreign investment ceiling in the bank to 55%.
Bajaj Finance is planning to raise around Rs18bn from institutional investors and its promoter,
Bajaj Finserv, to boost the non-bank finance company's capital base as it sees opportunities to
expand its loan business.
ITC plans to set up four food processing parks with an investment of up to Rs.2500mn each in
Tamil Nadu.
ONGC has agreed to conduct tests prescribed by upstream regulator DGH to confirm three key
gas discoveries in its Krishna Godavari basin block.

This Document has been prepared by Ways2Capital (A Division of High Brow Market
Research Investment Advisory Pvt Ltd). The information, analysis and estimates contained
herein are based on Ways2Capital Equity/Commodities Research assessment and have been
obtained from sources believed to be reliable. This document is meant for the use of the
intended recipient only.
This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is
meant for general information only. Ways2Capital Equity/Commodities Research, its directors,
officers or employees shall not in any way to be responsible for the contents stated herein.
Ways2Capital Equity/Commodities Research expressly disclaims any and all liabilities that
may arise from information, errors or omissions in this connection. This document is not to be
considered as an offer to sell or a solicitation to buy any securities or commodities.
All information, levels & recommendations provided above are given on the basis of technical
& fundamental research done by the panel of expert of Ways2Capital but we do not accept any
liability for errors of opinion. People surfing through the website have right to opt the product
services of their own choices.
Any investment in commodity market bears risk, company will not be liable for any loss done
on these recommendations. These levels do not necessarily indicate future price moment.
Company holds the right to alter the information without any further notice. Any browsing
through website means acceptance of disclaimer.