Daily Calls August 4, 2016

Daily Calls August 4, 2016 Market Outlook Sensex Daily Candlestick Chart We said, "Weakness below (Monday's low) could open up the possibility of faster retracement of the six-day rally..." The index weakened below Monday and losing 284 points or 1%, stopped at the starting point of the preceding rally. All sectorss ended flat to negativee but Realty, ITC, capital goods, power and auto led the weakness. The A/D ratio worsened to 1:4. The action formed a sizable Bear candle on failure to hold Monday's low. Its low of 27747 came close to 27646, the starting point of the last rally but did not break it. Hence, avoiding faster retracement of the rally could stimulate bulls. Watch if bears allow them to sustain above the initial excitement on GST and form a Bull candle at the neckline. Source: ASA, ICICIdirect.com Research Recommendations for the day Scrip I-Direct IDirect Code Action Target Stoploss NIFTY NIFTY Sell in the range of 8670-8680 8640.00/8620.00 8695.00 Cipla CIPLA Buy above 529.00 538.00/543.00 524.00 LIC Housing Finance LICHF Sell below 495.00 487.00/483.00 499.70 * All recommendations are for current month futures 1

Sell Nifty August Future in the range of 8670-8680 Target: 8640/8620 Stop loss: 8695 Deal Team At Your Service Nifty Technical Picture (Spot) Nifty 50 Intraday Short Term Trend Range bound Up Trend Reversal 8450 Support 8540-8500 8450 Resistance 8580-8610 8850 20 Days EMA 8252 200 days EMA 7903 Nifty Future Daily Candlestick Chart Nifty Future Recommendation CMP : 8582.5555 Comment : Future premium increased marginally from 37 points to 38.NF breaks Green line, now testing last support at 8566.Reverse if holds 8600-10 or 8565-75. Action : Sell in the range of 8670-8680 Targets : 8640/8620 Stop-loss : 8695 Source: ASA, ICICIdirect.com Research 2

Gladiator Stock Recommendation Stocks Buy Cipla August Future above 529.00 Target: 538.00/543.00 Stop loss: 524.00 CMP : 528.70 Bullish Engulfing candlestick at 38.2% retracement of recent upmove signaling further upsides in coming sessions Comment : Bullish Engulfing candlestick at 38.2% retracement t of recent upmove Action : Buy above 529.00 Targets : 538.00/543.00 Stop-loss : 524.00 RSI generated bullish crossover indicating upward momentum Sell LIC Housing Finance August Future below 495.00 Target :487.00/483.00 Stop loss: 499.70 CMP 496.65 Comment : Price close below 34 day EMA & trendline support breached Price close below 34 day EMA & trendline support breached indicating further downsides in coming sessions Action : Sell below 495.00 Targets : 487.00/483.00 Stop-loss : 499.70 RSI in sell mode indicates negative bias Source: Bloomberg, ICICIdirect.com Research 3

Market Activity Global Currencies, Commoditiy & Bond Yields Spot Close Prev.close % Chg Rupee ( ) 66.993 66.740-0.38 Dollar Index 95.431 95.563-0.11 Euro 1.115 1.115 0.03 British Pound 1.334 1.333 0.08 Japanese Yen 100.940 101.240 0.29 Australian ($) 0.762 0.759 0.41 Swiss Franc 0.972 0.973 0.08 Closing Yield (%) Previous Yield (%) India 10 year 7.19 7.19 US 10 Year 1.55 1.54 EURO 10 Year -0.04 004-0.04 004 GBP 10 Year 0.80 0.81 JPY 10 Year -0.08-0.09 Close Prev. Close %Chg Gold/ounce 1358.27 1358.18 0.02 Copper /ton 4859.5050 4880.75-0.44 044 Brent Crude/barrel 43.34 43.10 0.58 Institutional Activity Cash Segment ( Cr) FIIs (Cash) DIIs 3-Aug-16 578.2-800.8 2-Aug-16 536.3-383.2 1-Aug-16 726.2-413.8 29-Jul-16-14.0 148.3 28-Jul-16 1767.1-1074.5 Domestic Indices Global Indices Indices Close Change Change% S&P BSE Sensex 27697.51-284.20-1.02 Nifty 50 8544.85-78.05-0.91 Nifty 50 future 8582.55-77.75-0.90 S&PBSE 500 11431.44-120.56-1.04 S&PBSE Midcap 12440.63-189.34-1.50 S&PBSE Smallcap 12080.49-139.30-1.14 Nifty Heat Map HCL Tech Cairn India Hindalco Indices Close Change Change% Dow Jones 18355.00 41.23 0.23 Nasdaq 5159.74 22.01 0.43 FTSE 6634.40-11.00-0.17 DAX 10170.21 25.87 0.26 Hang Seng 21803.39 63.43 0.29 Nikkeii 16021.78-78.60-0.49 SGX Nifty 8620.00 33.00 0.38 * Asian Market as at 7:30am 826.2 529.5 Asian 1,143.4 Sun 839.6 Coal 326.2 Cipla 32% 3.2% 22% 2.2% Paints 18% 1.8% Pharma 13% 1.3% India 10% 1.0% 183.4 104.6 Vedanta 157.2 Yes 1,235.6 Bharti 358.9 IDEA 0.7% 0.6% Ltd 0.6% Bank 0.6% Airtel 0.3% 135.7 1,084.9 Axis 549.4 1,668.8 HDFC 1,240.5 Infosys ACC 0.1% 0.1% Bank -0.1% -0.1% Bank -0.2% Ultratech 3,667.7 548.0 496.9 Grasim 4,968.4 Ambuja 262.5 Wipro Tech M. -0.2% -0.3% -0.5% Ind -0.5% Cement -0.5% Kotak Bank PNB BPCL 756.2 226.7 Tata 71.3 100.0 SBI M&M 1,446.5 NMDC -0.5% -0.6% power -0.6% -0.8% -0.8% 121.6 Hero 3,231.0 372.4 Tata 358.1 218.8 GAIL ONGC -0.9% Moto -0.9% -1.0% Steel -1.1% -1.1% 572.9 157.5 Bajaj 2,714.9 Indusind 1,178.4 HDFC 1,325.5 NTPC -1.1% -1.2% Auto -1.2% Bank -1.2% Ltd -1.2% Dr 2,939.2 2 1,679.9 9 ICICI 242.1 913.8 Bank of 148.9 Lupin HUL Reddy -1.3% -1.3% Bank -1.3% -1.5% Baroda -1.5% TCS Maruti 2,656.3 1,478.6 Power 175.9 56.9 994.0 L&T IDFC RIL -1.6% -1.6% Grid -1.7% -1.8% -1.9% 4,873.9 Tata 478.4 United 2,316.2 252.7 133.3 ITC BHEL -2.3% Motors -3.0% Spirits -3.1% -3.1% -3.9% Source: Bloomberg, ICICIdirect.com Research 4

Trend Scanner Deal Team At Your Service Positive Trends Scrip Name Close % Change 10-day SMA Delivery (%) Cipla Ltd/India 529.45 2.2 522.70 52.10 Gruh Finance Ltd 293.6 1.2 291.65 53.94 JB Chemicals & Pharmaceuticals Ltd 280.05 5.8 269.94 58.58 EID Parry India Ltd 262.15 3.5 248.02 50.20 Hero Motocorp Ltd 3231-0.9 3233.02 52.52 Negative Trends Scrip Name Close % Change 10-day SMA Delivery (%) Bata India Ltd 553.1-4.2 576.32 64.87 Gateway Distriparks Ltd 267.1-2.2 269.59 60.99 LIC Housing Finance Ltd 500.4-2.5 513.33 50.1 United Spirits Ltd 2316.15-3.1 2431.72 53.79 Market Breadth Candlestick Pattern Bullish Candlestick Formations Bearish Candlestick Formations Scrip Name Pattern name LTP Scrip Name Pattern name LTP Bajaj Electricals Engulfing 272.0 Motherson Sumi Evening Star 329.4 Cipla Engulfing 529.5 Eros Media Engulfing 226.8 Asian Paints Continuation 1143.4 Mindtree Engulfing 600.1 Delta Corp Continuation 108.4 Jubliant Food Evening Star 1204.2 Fortis Continuation 189.9 Just Dial Continuation 477.1 EID Parry Continuation 262.2 BHEL Continuation 133.3 Overbought Stocks Oversold Stocks Scrip Name LTP Stochastic ti Scrip Name LTP Stochastic ti Ajanta pharna 1825.1 93.9 GAIL 376.25 9.46 Hindustan unilever 927.4 81.06 Dr Reddy 2977 8.5 Motherson sumi 346.2 80.03 Idea 104.0 17.0 Havells 399.9 86.31 Union bank 125.5 16.93 BSE NSE Stocks hitting 52 week high Stocks hitting 52 week low 63% 5% 32% 71% 4% 25% Scrip Name LTP Scrip Name LTP Ajanta pharma 1830.8 NA 0.0 Carborandum 265.5 EID Parry 263.0 Hermotocorp 3259.4 Kansai Nerolac 367.0 Source: Bloomberg, ICICIdirect.com Research 5

Previous Deal Team Day s Performance At Your Service Scrip Product Strategyt Recommended d Price Targets SL Gain/Loss %* Comment Nifty Future Sell In the range of 8680-8690 8650/8630 8705.00 - No trade ITC Future Buy In range of 260.25-260.75 265/268.00 258.3 - No trade Hermotocorp Future Buy above 3280 3330/3360 3254.1-0.80 Stoploss Triggered KPIT Future Sell below 128 126/125 129.2 1.60 Target 1 achieved * Return Opportunity Nifty Points gained for the day: 0 Points Gains over last 83 trading days: 429 points Stocks return: Avg 0.40 per trade (Cum. Profits over last 84 trading days: 67.90%) Strike Rate for the day: 1/2 (Cum strike rate over 84 trading days: 91/169 NOTE: The follow-up and performance review table of the strategies indicates the profit opportunity that was available in the strategies. Individual profits may vary, depending di upon the entry and exit price and stop losses Source: NSE India, ICICIdirect.com Research 6

Supports and Resistance Table ( Cash Levels) SCRIP CLOSE S1 S2 S3 R1 R2 R3 TREND SENSEX 27697.51 27557.95 27500.15 27442.3 27742.1 27834.15 27926.2525 - ve BANK NIFTY FUTURE 18693.2 18586.95 18535.25 18483.55 18715.85 18780.3 18844.75 -ve NIFTY FUTURE 8582.55 8550.6 8523.35 8496.05 8591.25 8611.55 8631.85 -ve BANK NIFTY 18602 18504.6 18455.95 18407.25 18621 18679.2 18737.4 -ve NIFTY 8544.85 8504.5 8485.55 8466.6 8557.4 8583.85 8610.35 -ve ACC 1668.8 1658.25 1650.95 1643.65 1670.15 1676.1 1682.05 -ve ADANI ENTER. 75.15 73.95 73.5 73.05 75.6 76.45 77.3 -ve ADANI PORT 222.85 220.1 218.1 216.15 223.55 225.25 227 -ve ADANI POWER 26.4 26.05 25.9 25.7 26.5 26.7 26.9 -ve ADITYA BIRLA 1499.3 1494.65 1475.35 1456.05 1533.3 1546.7 1560.1 +ve AJANTA PHARMA 1823.45 1812.8 1802.3 1790.9 1833.8 1844.3 1855.7 Neutral ALLAHABAD BANK 75.45 74.15 73.3 72.45 75.75 76.55 77.35 -ve AMARA RAJA BATT. 913.85 906.3 900.25 894.15 916.3 921.3 926.25 -ve AMBUJA CEMENT 262.5 259.25 257.25 255.2 262.8 264.6 266.35 -ve ANDHRA BANK 59.7 58.9 58.6 58.35 59.85 60.3 60.75 -ve APOLLO HOSP.ENT. 1340.2 1328.5 1320.3 1312.05 1344.2 1352.1 1359.95 -ve APOLLO TYRES 156 153.25 152 150.75 156.95 158.75 160.6 -ve ARVIND 293.35 289.05 286.85 284.65 294.7 297.5 300.35 -ve ASHOK LEYLAND 85.5 84.4 83.25 82.15 85.9 86.65 87.45 -ve ASIAN PAINTS 1143.4 1140.8 1135.05 1129.25 1152.35 1158.5 1164.6 +ve AUROBINDO PHARMA 746.7 728.95 721.15 713.35 752.35 764.05 775.7 -ve AXIS BANK 549.35 542.5 540.35 538.25 548.55 551.55 554.6 -ve BAJAJ AUTO 2714.85 2693.75 2680.3 2666.85 2720.5 2733.85 2747.25 -ve BAJAJ FINANCE 10005.6 9647.05 9404.55 9162.05 10152.05 10404.55 10657.05 -ve BOB 148.85 146.25 144.75 143.2 149.7 151.45 153.15 -ve BOI 108.8 106.9 106.15 105.4 109.35 110.6 111.8 -ve BATA INDIA 553.1 544.1 534.9 525.75 556.05 562.05 568 -ve BEML 973.35 958.35 950.5 942.65 977.5 987.05 996.6 -ve BHARAT ELECTRON. 1236.55 1222.2 1215.7 1209.2 1236.8 1244.1 1251.4 -ve BHARAT FORGE 725.1 717.75 709.25 700.8 725.75 729.75 733.75 -ve BPCL 572.9 566.1 560.45 554.8 573.75 577.55 581.4 -ve BHARTI AIRTEL 358.85 358.15 356.4 354.6 361.75 364.05 366.3 +ve BHEL 133.3 130.9 129.4 127.9 134.1 135.7 137.25 -ve BHARTI INFRATEL 395.9 392.35 389.6 384.6 397.85 400.6 405.6 Neutral Source: NSE India, ICICIdirect.com Research 7

Supports and Resistance Table ( Cash Levels) SCRIP CLOSE S1 S2 S3 R1 R2 R3 TREND BIOCON 816.35 806.9 801.15 795.4 818.3 824 829.65 -ve BOSCH 24753.95 24706.45 24562.7 24418.95 24994 25160.2 25326.4 +ve BRITANNIA IND. 2830.45 2801 2790.95 2780.85 2840 2859.45 2878.95 -ve CADILA HEALTHCARE 347.7 344.35 340.7 337.85 351.6 355.2 358.1 Neutral CAIRNS INDIA 183.4 183.25 182 180.75 185.7 188.7 191.65 +ve CANARA BANK 251.65 250.1 247.95 245.25 254.35 256.45 259.2 Neutral CASTROL INDIA 428.4545 423.6 419.4545 415.3 429.65 432.7 435.75 - ve CEAT 848.85 839.05 834.05 829.1 850.95 856.9 862.85 -ve CENTURY TEXT. 674.25 666.9 658.6 650.35 675.85 680.35 684.8 -ve CESC 599.35 592.9 589.15 585.4 600.4 604.15 607.9 -ve CIPLA 529.45 528 523.1 518.2 537.8 541.25 544.7 +ve COAL INDIA 326.15 325.9 324.25 322.65 329.15 330.9 332.65 +ve COLGATE PALM. 936.15 921.2 911.75 902.35 940.85 950.65 960.5 -ve CONTAINER CORP 1485.15 1464.6 1455.85 1447.1 1491.25 1504.55 1517.9 -ve CROMPTON GREAVES 75 73.5 72.8 72.15 75.4 76.35 77.35 -ve CUMMINS INDIA 826.3 806.65 801.5 796.35 828 838.65 849.35 -ve DABUR INDIA 296.95 294.35 293.1 291.85 297.85 299.6 301.35 -ve DEWAN HOUSING F. 224.2 221.45 220.05 218.65 224.2 225.6 227 -ve DISH TV 101.4 99.7 98.45 97.2 101.8 102.85 103.85 -ve DIVI'S LAB. 1172.7 1164.8 1160.25 1155.65 1175.3 1180.55 1185.8 -ve DLF 154.65 152.45 151.1 149.75 155.25 156.65 158.1 -ve DR.REDDY'S LAB. 2939.15 2920.45 2911.85 2903.25 2943.95 2955.7 2967.45 -ve EICHER MOTORS 21368.4 21018.7 20831.2 20643.7 21479.1 21709.3 21939.5 -ve ENGINEERS INDIA 216.25 212.2 210.8 209.35 217.5 220.15 222.75 -ve EXIDE IND. 173.6 171.9 170.35 168.8 174 175.05 176.1 -ve FEDERAL BANK 619 61.9 611 61.1 60.5 59.85 62.15 62.7 63.2 - ve GAIL 372.4 369.2 367.25 365.3 373.05 375 376.9 -ve GLENMARK PHARMA. 822.35 809.4 802 794.6 824.8 832.45 840.15 -ve GODREJ CONSUMER 1566.95 1544.3 1535.85 1527.35 1572.8 1587.05 1601.3 -ve GODREJ IND. 409.25 400.55 396.65 392.8 412.5 418.45 424.45 -ve GRANULES INDIA 140 138.8 138.05 137.3 140.3 141.05 141.8 -ve GRASIM 4968.4 4927.9 4909.05 4890.15 4968.7 4989.05 5009.45 -ve Source: NSE India, ICICIdirect.com Research 8

Supports and Resistance Table ( Cash Levels) SCRIP CLOSE S1 S2 S3 R1 R2 R3 TREND HAVELL'S INDIA 389.95 383.5 380.05 376.6 391.05 394.8 398.55 -ve HCL TECH 826.15 829.9 819.35 808.85 851 861 871 +ve HDFC BANK 1240.45 1231 1226.95 1222.95 1240.45 1245.2 1249.95 -ve HDFC 1325.45 1313.85 1303.8 1293.7 1326.7 1333.15 1339.6 -ve HERO MOTO 3231 3197.85 3176.9 3155.95 3242.2 3264.4 3286.6 -ve HEXAWARE TECH. 217.85 215.4 213.8 212.25 218.5 220.05 221.65 -ve HINDALCO 135.7 133.8 132.85 131.95 135.6 136.5 137.45 -ve HIND. UNILEVER 913.8 906.65 902.3 898 915.25 919.55 923.9 -ve HPCL 1219.6 1205.95 1193.65 1181.4 1220.8 1228.25 1235.65 -ve HINDUSTAN ZINC 206.7 203.95 201.8 199.65 206.75 208.15 209.5 -ve HDIL 94.2 92.75 91.25 89.75 94.65 95.6 96.55 -ve IBULL HSG FIN 787.6 787.05 783.1 779.1 795.05 801.25 807.5 +ve IDBI 68.25 67.65 67.3 66.95 68.45 68.85 69.25 -ve IDEA CELLULAR 104.6 104.65 104.05 103.45 105.8 106.6 107.35 +ve IDFC 56.9 55.65 54.35 53 57.1 57.8 58.55 -ve IFCI 27.9 27.8 27.6 27.35 28.2 28.4 28.65 Neutral INDUSIND BANK 1178.4 1170.55 1164.9 1159.3 1180.15 1184.95 1189.75 -ve INDIA CEMENTS 116.2 114.8 113.5 112.15 116.5 117.4 118.25 -ve INDO COUNT IND. 877.5 875.05 870.35 866.85 884.5 889.2 892.7 Neutral INDRAPRASTHA GAS 653.2 652.5 649.25 645.95 659.1 663.2 667.3 +ve IOC 552.15 545.9 541.55 537.2 553.45 557.2 561 -ve IB REAL ESTATE 84.8 81.95 80.6 79.3 85.45 87.15 88.9 -ve INFOSYS 1084.9 1082.75 1078.7 1074.65 1090.85 1093.4 1095.95 +ve IRB INFRA. 206.6 204.2 202.8 201.4 207.6 209.25 210.95 -ve ITC 252.7 249.3 246.25 243.2 253.65 255.85 258.05 -ve JAIN IRRIGATION 73.05 73.3 72.6 71.9 74.65 75.5 76.3 +ve JET AIRWAYS 593.8 593 584.95 576.95 609.05 617.8 626.6 +ve JINDAL ST&POW 80.55 78.6 77 75.35 8125 81.25 82.55 83.8585 - ve JSW ENERGY 79.5 78.15 77.45 76.75 79.75 80.55 81.4 -ve JSW STEEL 1686 1688.6 1679.25 1669.85 1707.3 1717.55 1727.8 +ve JUBILANT FOOD 1204.2 1170.8 1160.6 1150.4 1216.8 1239.8 1262.8 -ve JUSTDIAL 477.1 467.1 457.8 448.5 481.05 488 495 -ve KARNATAKA BANK 148.7 148.85 147.8 146.8 150.9 151.75 152.6 +ve KAVERI SEEDS.COM 372.55 369.85 367.15 363.2 375.25 378 381.95 Neutral Source: NSE India, ICICIdirect.com Research 9

Supports and Resistance Table ( Cash Levels) SCRIP CLOSE S1 S2 S3 R1 R2 R3 TREND KOTAK MAH.BANK 756.2 752.65 749.4 746.1 757.25 759.55 761.85 -ve KPIT TECH. 127.35 125.75 124.1 122.5 127.5 128.35 129.25 -ve L & T 1478.6 1460.35 1454.45 1448.55 1483.7 1495.35 1507 -ve LIC HOUSING 500.4 493.95 491.35 488.7 502.45 506.65 510.9 -ve L&T FINANCE 87.45 86 85.2 84.45 87.35 88.05 88.75 -ve LUPIN 1679.85 1662.85 1650.85 1638.85 1685.25 1696.45 1707.65 -ve M & M 1446.5 1434.75 1425.55 1416.35 1449.4 1456.75 1464.05 -ve MARICO 297.8 291.75 286.65 281.55 298.55 301.95 305.35 -ve MARUTI SUZUKI 4873.85 4811.35 4768.15 4724.95 4894.75 4936.45 4978.2 -ve MCLEOD RUSSEL 184.8 181.05 178.5 175.95 185.9 188.3 190.75 -ve MINDTREE 600.1 589.9 585.8 581.7 601.55 607.35 613.15 -ve M&M FIN.SERV. 323.4 316.15 313.25 310.35 326.25 331.3 336.3 -ve MOTHERSON SUMI 329.4 321.55 317.05 312.6 332.25 337.65 343 -ve MRF 34605.85 34519.75 34226 33932.25 35107.25 35216.8 35326.4 +ve N C C 76.05 74.95 74.2 73.4 76.3 77 77.65 -ve NHPC 24.45 24.25 24.15 24 24.5 24.65 24.75 -ve NIIT TECHNOLOGIES 422.25 413.95 411.45 409 425.75 431.7 437.6 -ve NMDC 100 99.1 98.4 97.65 100.2 100.75 101.25 -ve NTPC 157.5 156.35 155.8 155.2 157.7 158.35 159 -ve OIL INDIA 366.6565 363.9 36155 361.55 359.15 367.77 369.66 3715 371.5 - ve ONGC 218.75 216.85 215.8 214.7 219.3 220.55 221.75 -ve OBC 114.5 112.15 111.2 110.3 115.2 116.7 118.2 5 -ve PAGE INDUSTRIES 13962.35 13564.95 13421.45 13278 14079.9 14337.4 14594.9 -ve PC JEWELLER 403.8 394.25 389.65 385.1 407.2 413.65 420.15 -ve PETRONET LNG 305.7 302.65 300.2 297.7 306.15 307.9 309.6 -ve PIDILITE INDUSTRIES 718.5 706.4 702.75 699.1 722.3 730.25 738.25 -ve POWER FINANCE 215.8 213.45 210.75 208.1 216.4 217.9 219.4 -ve POWER GRID 175.9 173.35 172.35 171.3 176.05 177.4 178.75 -ve PTC INDIA 76.5 75.55 74.9 74.25 76.9 77.55 78.2 -ve PNB 121.6 120.1 119.05 118 121.95 122.85 123.75 -ve RCOM 49.35 48.5 48 47.55 49.6 50.2 50.75 -ve REL. CAPITAL 429 423.4 419.3 415.25 430.5 434.05 437.6 -ve Source: NSE India, ICICIdirect.com Research 10

Supports and Resistance Table ( Cash Levels) SCRIP CLOSE S1 S2 S3 R1 R2 R3 TREND RELIANCE INFRA. 572 565.55 559.1 552.7 574.25 578.6 582.95 -ve RELIANCE 993.95 985.5 982.1 978.65 996.95 1002.7 1008.4 -ve RELIANCE POWER 51.2 50.65 50.25 49.9 51.4 51.8 52.2 -ve REC 212.8 210.35 207.4 204.45 213.45 214.95 216.5 -ve SAIL 45.9 45.75 45.45 45 46.25 46.5 46.95 Neutral SHRIRAM TRANS. 1239.65 1218.75 1208.1 1197.4 1246.75 1260.75 1274.75 -ve SIEMENS 1245.4 1224.85 1206.6 1188.35 1250.9 1263.95 1276.95 -ve SINTEX IND. 73.15 72.35 71.9 71.45 73.4 73.95 74.45 -ve SOUTH INDIAN BANK 21.1 20.85 20.75 20.7 21.15 21.3 21.45 -ve S.R.F. 1475.85 1462.15 1449.65 1437.15 1479.75 1488.55 1497.35 -ve SBI 226.65 224.8 223.9 223 227.15 228.3 229.5 -ve STRIDES SHASUN 1128.4 1114.9 1109.95 1105 1130.1 1137.75 1145.35 -ve SUN PHARMA 839.6 837.85 831.35 824.8 850.85 856.05 861.2 +ve SUN TV 450.4 440.75 435.25 429.8 451.4 456.7 462 -ve SYNDICATE BANK 73.4 72.3 71.7 71.15 73.7 74.4 75.15 -ve TATA COMM. 451.85 445.7 436.2 426.65 453.7 457.7 461.65 -ve TATA CHEM. 454.05 449.3 444.8 440.3 454.2 456.7 459.15 -ve TATA ELXSI 1623.9 1619.7 1611 1602.8 1637.2 1645.9 1654.1 Neutral TATA MOTOR DVR 313.4 307.8 304.4 301 315.6 319.5 323.4 -ve TATA MOTORS 478.44 469.4545 464.44 459.44 48145 481.45 487.4545 493.4545 -ve TATA POWER 71.25 70.55 70.2 69.9 71.4 71.8 72.25 -ve TATA GLOBAL BEV. 135.75 133.9 132.95 132.05 136.35 137.6 138.85 -ve TCS 2656.3 2637.25 2630.7 2624.2 2662.2 2674.7 2687.2 -ve TECH MAHINDRA 496.9 492 485.85 479.7 497.45 500.15 502.85 -ve TATA STEEL 358.05 353.15 350.5 347.85 358.9 361.8 364.7 -ve TITAN IND. 414.75 397.7 395.85 394.05 413.55 421.5 429.4 -ve TORRENT PHARMA 1463.55 1448.65 1439.5 1430.4 1466.45 1475.35 1484.25 -ve TV18 BROADCAST 38.85 38.5 38.25 38 38.9 39.1 39.35 -ve TVS MOTOR 298.35 295.6 293.55 291.55 298.25 299.55 300.9 -ve UCO BANK 43.15 43.15 42.7 42.3 43.95 44.45 44.9 +ve ULTRATECH CEMENT 3667.7 3645.45 3621.2 3596.95 3670.2 3682.55 3694.95 -ve UNITED BREW. 774.8 767.2 758.9 750.55 776.45 781.1 785.7 -ve Source: NSE India, ICICIdirect.com Research 11

Supports and Resistance Table ( Cash Levels) SCRIP CLOSE S1 S2 S3 R1 R2 R3 TREND UNITED PHOSPH. 583.2 574.45 565.75 557.05 583.9 588.65 593.4 -ve UNITED SPIRITS 2316.15 2279.9 2261.85 2243.8 2330.8 2356.25 2381.7 -ve VEDANTA 157.2 156.2 155.1 151.95 158.4 159.5 162.65 Neutral VOLTAS 345.2 337.75 332.2 326.65 347.2 351.95 356.65 -ve WIPRO 547.95 544.8 542.05 539.3 548.95 551.05 553.15 -ve WOCKHARDT 1001.05 1000.55 981.8 963.05 1038.05 1047.15 1056.3 +ve YES BANK 1235.5555 1227.3 1220.5 1214.75 1240.95 1247.7575 1253.5555 Neutral ZEE 492.85 488.05 485.1 482.1 493.2 495.75 498.3 -ve Source: NSE India, ICICIdirect.com Research 12

Notes Please execute the recommendation within the levels provided in the report Once the recommendation is executed, it is advisable to keep strict stop loss as provided in the report Avoid entering into the recommendation in the first 5 minutes of trade If the recommendation opens near the target levels due to gap up/gap down opening, then the recommendation is considered not initiated The recommendations are valid only for the day and should be squared off by the end of the day Only stocks in derivatives segment have been considered for daily trading Medium to long-term prospects of a stock does not have any bearing on the daily view. Trading portfolio allocation It is recommended to spread out the trading corpus in a proportionate manner between the various technical research products Please avoid allocating the entire trading corpus to a single stock or a single product segment Within each product segment it is advisable to allocate equal amount to each recommendation For example: The Daily Calls product carries 3 to 4 intraday recommendations. It is advisable to allocate equal amount to each recommendation 13

Recommended product wise trading portfolio allocation Product Allocations Product wise Max allocation in allocation 1 Stock Number of Calls Return Objective Frontline Stocks Mid Cap Stocks Duration Daily Calls 8% 2-3% 3-4 Stocks 0.5-1% 2-3% Intraday Stocks on the Move 6% 3-5% 7-10 Per Months 7-10% 10-15% 3 Months Weekly Calls 8% 3-5% 1-2 Stocks 5-7% 7-10% 1 Week Weekly Technicals 8% 3-5% 1-2 Stocks 5-7% 7-10% 1 Week Monthly Call 15% 5% 2-3 Stocks 7-10% 10-15% 1 Month Monthly Technical 15% 2-4% 5-8 Stocks 7-10% 10-15% 1 Month Techno Funda 15% 5-10% 1-2 Stocks 10% and above 15% and above 6 Months Gladiator Stocks 15% 5-10% 1-2 Stocks 15% and above 20% and above 6 Months Cash 10% - 100% 14

Candlesticks Glossary: Deal Team At Your Service Candlestick patterns describe the market sentiment for the specified period. Some of the formations suggest reversal of sentiment (trend) and, therefore, are important for a chart reader. By themselves, the patterns do not carry any price target but only an indication of change in market behaviour. More importance needs to be given to the placement of the pattern within larger trend Morning Star: Potential bottom reversal pattern made of three candle lines. The first sizeable black candle reflects a market in which the bears are in complete charge. The next candle line--the small real body--shows a slight diminution of the bearish force. The white candle that makes up the last part of the morning star visually displays the bulls are gaining the upper hand. Lowest low amongst three candles becomes technical support Bullish Engulfing Line: A potential bottom reversal pattern. This pattern typically appears at the culmination of a decline or downtrend. The market falls, and a black candle forms (ideally a small black candle). Next, a white real body wraps around the prior session s black body. Low of the pattern becomes short term support for prices Piercing Line: Potential bottom reversal pattern. A black body forms in the downtrend. The market continues moving south on the next session s open but that session culminates in a white real body that closes (e.g. pierces) than half way or more into the prior black body. Lowest low between two candles is referred to as technical support for prices Hammer: A candlestick line which, during a downtrend, has a very long lower shadow and small real body (black or white) at the top end of the session s range. There should be no, or a very small, upper shadow. Pattern suggests buying support during declines and needs confirmation in terms of sustainability of prices above head of the Hammer in following session Evening Star: Potential Top reversal pattern made of three candle lines. Comparable with a traffic signal. First white candle reflects a market in bullish trend. The next candle line--the small real body warns waning momentum. The black candle that completes the evening star visually exhibits that prior up trend has stopped or reversed Bearish Engulfing Line: Potential top reversal signal. This two candlestick pattern emerges during a rally. A black candle real body wraps around a white real body (classically a small white candle) Highest high between two candles becomes resistance level for prices for future reference Dark Cloud cover: A dark cloud cover forms a top reversal pattern. The first session should be a strong, white real body. The second session s price opens over the prior session s high (or above the prior session s close). By the end of the second session, it closes near the low of the session and should fall well into the prior session s white body. Pattern suggests that market has a poor chance of rising immediately Shooting Star: A single candlestick line during a rally in which there is a small real body (white or black) at the bottom end of the session's range and a very long upper shadow. The candle line should also have little or no lower shadow. Pattern suggest the trouble for prices overhead Continuation Patterns: Other than widely known Candlestick reversal patterns discussed above, there are numerous patterns mentioned in literature on Candlestick which describe the continuation of existing sentiments i.e. bullish or bearish. We have refrained from mentioning names of these patterns to avoid confusion. However, the remark Continuation Pattern refers to bullish or bearish candlestick patterns which h suggest continuation of existing trend 15

Pankaj Pandey Head Research pankaj.pandey@icicisecurities.com ICICIdirect.com Research Desk, ICICI Securities Limited, 1st Floor, Akruti Trade Centre, Road No 7, MIDC Andheri (East) Mumbai 400 093 research@icicidirect.com

Disclaimer ANALYST CERTIFICATION We /I, Dharmesh Shah, Dipesh Dagha, Nitin Kunte, Pabitro Mukherjee, Vinayak Parmar Research Analysts, authors and the names subscribed to this report, hereby certify thatt all of the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. Terms & conditions and other disclosures: ICICI Securities Limited (ICICI Securities) is a SEBI registered Research Analyst having registration no. INH000000990. ICICI Securities Limited (ICICI Securities) is a full-service, integrated investment banking and is, inter alia, engaged in the business of stock brokering and distribution of financial products. ICICI Securities is a wholly-owned owned subsidiary of ICICI Bank which is India s largest private sector bank and has its various subsidiaries engaged in businesses of housing finance, asset management, life insurance, general insurance, venture capital fund management, etc. ( associates ), the details in respect of which are available on www.icicibank.com. ICICI Securities is one of the leading merchant bankers/ underwriters of securities and participate in virtually all securities trading markets in India. We and our associates might have investment banking and other business relationship with a significant percentage of companies covered by our Investment Research Department. ICICI Securities generally prohibits its analysts, persons reporting to analysts and their relatives from maintaining a financial interest in the securities or derivatives of any companies that the analysts cover. The information and opinions in this report have been prepared by ICICI Securities and are subject to change without any notice. The report and information contained herein is strictly confidential and meant solely for the selected recipient and may not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written consent of ICICI Securities. While we would endeavour to update the information herein on a reasonable basis, ICICI Securities is under no obligation to update or keep the information current. Also, there may be regulatory, compliance or other reasons that may prevent ICICI Securities from doing so. Nonrated securities indicate that rating on a particular security has been suspended temporarily and such suspension is in compliance with applicable regulations and/or ICICI Securities policies, in circumstances where ICICI Securities might be acting in an advisory capacity to this company, or in certain other circumstances. This report is based on information obtained from public sources and sources believed to be reliable, but no independent verification has been made nor is its accuracy or completeness guaranteed. This report and information herein is solely for informational purpose and shall not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments. Though disseminated to all the customers simultaneously, not all customers may receive this report at thesametime. ICICISecuritieswillnottreat recipients as customers by virtue of their receiving this report. Nothing in this report constitutes investment, legal, accounting and tax advice or a representation that any investment or strategy is suitable or appropriate to your specific circumstances. The securities discussed and opinions expressed in this report may not be suitable for all investors, who must make their own investment decisions, based on their own investment objectives, financial positions and needs of specific recipient. This may not be taken in substitution for the exercise of independent judgment by any recipient. The recipient should independently evaluate the investment risks. The value and return on investment may vary because of changes in interest rates, foreign exchange rates or any other reason. 17

Disclaimer ICICI Securities accepts no liabilities whatsoever for any loss or damage of any kind arising out of the use of this report. Past performance is not necessarily a guide to future performance. Investors are advised to see Risk Disclosure Document to understand the risks associated before investing in the securities markets. Actual results may differ materially from those set forth in projections. Forward-looking statements are not predictions and may be subject to change without notice. ICICI Securities or its associates might have managed or co-managed public offering of securities for the subject company or might have been mandated by the subject company for any other assignment in the past twelve months. ICICI Securities or its associates might have received any compensation from the companies mentioned in the report during the period preceding twelve months from the date of this report for services in respect of managing or co-managing public offerings, corporate finance, investment banking or merchant banking, brokerage services or other advisory service in a merger or specific transaction. ICICI Securities or its associates might have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the companies mentioned in the report in the past twelve months. ICICI Securities encourages independence in research report preparation and strives to minimize conflict in preparation of research report. ICICI Securities or its analysts did not receive any compensation or other benefits from the companies mentioned in the report or third party in connection with preparation of the research report. Accordingly, neither ICICI Securities nor Research Analysts have any material conflict of interest at the time of publication of this report. It is confirmed that Dharmesh Shah, Dipesh Dagha, Nitin Kunte, Pabitro Mukherjee, Vinayak Parmar Research Analysts of this report have not received any compensation from the companies mentioned in the report in the preceding twelve months. Compensation of our Research Analysts is not based on any specific merchant banking, investment banking or brokerage service transactions. ICICI Securities or its subsidiaries collectively or Research Analysts do not own 1% or more of the equity securities of the Company mentioned in the report as of the last day of the month preceding the publication of the research report. Since associates of ICICI Securities are engaged g in various financial service businesses, they might have financial interests or beneficial ownership in various companies including the subject company/companies mentioned in this report. 18