2. TECHNICAL VIEW
MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS
NIFTY 8831 8701 8514 8134
BANK NIFTY 19276 19235 18604 17037
NIFTY PIVOT REPORT
DAILY R2 R1 PP S1 S2
9400 8958 8737 8516 8074
WEEKLY R2 R1 PP S1 S2
9400 8958 8737 8516 8074
MONTHLY R2 R1 PP S1 S2
10489 9387 8836 8285 7183
BANK NIFTY PIVOT REPORT
DAILY R2 R1 PP S1 S2
21086 19726 19046 18366 17006
WEEKLY R2 R1 PP S1 S2
21086 19726 19046 18366 17006
MONTHLY R2 R1 PP S1 S2
25388 21468 19508 17548 13628
NSE EQUITY DAILY LEVELS
COMPANY NAME R3 R2 R1 PP S1 S2 S3
ACC EQ 1729 1680 1648 1631 1599 1582 1533
ALBK EQ 114 110 108 106 104 103 99
AMBUJACEM EQ 289 274 265 259 250 244 230
ASIAN PAINT EQ 837 824 816 810 803 797 784
AXISBANK EQ 628 601 585 575 559 548 521
BAJAJ-AUTO EQ 2187 2113 2068 2039 1994 1965 1891
BANKBARODA EQ 189 184 181 179 176 174 168
BANKINDIA EQ 234 226 221 218 213 210 202

3. BHEL EQ 283 271 262 258 250 245 232
BHARTIARTL EQ 424 410 405 397 392 384 370
CIPLA EQ 763 737 720 710 694 684 657
COALINDIA EQ 378 372 368 366 362 360 354
DLF EQ 190 172 165 155 147 137 120
DRREDDY EQ 3610 3505 3440 3399 3335 3294 3188
GAIL EQ 410 399 393 389 383 379 369
GRASIM EQ 4032 3861 3765 3690 3594 3519 3348
HCLTECH EQ 2173 2095 2054 2017 1976 1939 1861
HDFC EQ 1431 1385 1356 1339 1310 1293 1247
HDFCBANK EQ 1105 1076 1059 1047 1030 1017 988
HEROMOTOCO EQ 2767 2698 2654 2629 2585 2560 2491
HINDALCO EQ 144 138 135 133 129 127 121
HINDUNILVR EQ 1000 974 958 948 932 922 896
ICICIBANK EQ 376 356 343 336 323 316 295
ITC EQ 368 355 347 342 334 328 315
INDUSIND BANK EQ 943 911 893 879 8961 847 815
INFY EQ 2289 2251 2236 2214 2198 2176 2139
JINDALSTEL EQ 211 200 193 189 182 177 166
KOTAKBANK EQ 1464 1410 1375 1355 1321 1300 1246
LT EQ 1887 1801 1746 1714 1660 1628 1542
M&M EQ 1298 1266 1247 1233 1214 1201 1168
MRF EQ 44207 42467 41354 40727 39614 38987 37247
MARUTI EQ 3695 3671 3656 3647 3632 3623 3599
ONGC EQ 319 316 314 312 310 309 305
ORIENTBANK EQ 240 237 235 233 231 229 226
RANBAXY EQ 826 813 807 800 794 786 773
RCOM EQ 73.75 71.35 69.90 68.95 67.50 66.55 64.15
RELCAPITAL EQ 500 488 480 475 468 463 450
RELIANCE EQ 872 859 850 845 837 831 818
RELINFRA EQ 480 468 461 456 449 445 433
RPOWER EQ 60.43 59.33 58.72 58.23 57.62 57.13 56.03
SSLT EQ 208 199 193 189 183 180 170
SBIN EQ 289 285 283 281 279 277 273
SUNPHARMA EQ 1055 1037 1029 1019 1011 1001 983
TATAMOTORS EQ 576 568 563 560 555 552 544
TATAPOWER EQ 82.32 81.17 80.48 80.20 79.33 78.87 77.72
TATASTEEL EQ 337 332 329 326 323 320 314
UNIONBANK EQ 175 171 169 168 166 164 160

4. NSE WEEKLY NEWS UPDATE
✍ SEBI not justified condemning DLF in conducting biz, says SAT
The Securities Appellate Tribunal announced its order in favour of DLF Ltd today, according to
a media report. DLF had filed a plea to SAT against a Sebi ruling that barred the realtor and its
six top executives, including chairman K P Singh, from markets for three years. The SAT today
reduced the DLF's three-year ban from capital market to six months, the report added. The
SEBI order was quashed by SAT via 2:1 majority. SAT said that no shortcoming was found in
DLF's IPO prospectus. The Appellate body further said that adequate disclosures were made by
DLF in 2007 IPO. SAT said that SEBI should not be influenced by whistleblowers. DLF said
that the ruling is a big relief for the company.
✍ Ratan Tata to invest in Paytm
Ratan Tata has put his weight behind mobile payments and commerce venture Paytm, and is
picking up stake in One97 Communications, which owns and operates Paytm. He will also take
up role as an adviser in the Delhi-based firm, according to media reports. This is not the first
investment by Ratan Tata in the digital world. Previously, he invested in Snapdeal, Urban
Ladder, Bluestone and Car Dekho. Regarding the investment, an official statement from
Paytm's chief said, "I am very happy that Mr Tata has put faith and trust in our values and
mission. There is no better advisor for Paytm on building India's most trusted mobile payment
and commerce platform." Paytm also received funding of $200 million from Ant Financial,
Alibaba's payments firm, which was used to better its mobile platform. The company already
has 25 million active wallets and has ambition to build 100 million wallets by this year end.
They are now doing close to $1billion gross merchandise value from their mobile app. This
year, they have set an ambitious target of $4billion GMV.
✍ Adhunik Metaliks extends rally, up 7%
Adhunik Metaliks is trading on a firm note on the BSE for the third straight day. Today, the
stock opened with a surge of 4 per cent at Rs. 23.70. So far, the stock has soared 12.5 per cent
from its previous close to touch a high of Rs. 25.65. In the process, the stock has galloped 40.5
per cent in last three sessions on takeover buzz of its power subsidiary. However, the company
informed the BSE that it is not aware of such event as reported in the news report. The stock is
now up 7.2 per cent at Rs. 24.45. So far, 314,000 shares are traded on the BSE, as against
two-week daily average volume of 191,000 shares.

5. ✍ Noida Toll Bridge Board declares Interim Dividend; up 3%
Shares of Noida Toll Bridge Company Ltd were trading higher 3% at Rs. 36 on BSE today. The
company has approved an Interim Dividend of 10 % (Re. 1.00/- per Equity Share of Rs. 10/-
each) to the Equity Shareholders of the Company, for the Financial Year 2014- 2015. The stock
opened at Rs.35.20 as against the previous close of Rs.34.75 on BSE. It has hit a high of Rs.36
and a low of Rs.34.50 on BSE today. Total traded quantity on the counter stood at over 1.09 lk
shares on BSE.
✍ Jindal Stainless slips on profit booking
Jindal Stainless is trading on a weak note on the back of profit taking at higher level.Yesterday,
the stock zoomed 11.4 per cent on the media reports that the government is seeking
anti-dumping tax on some stainless steel imports from China. The stock has galloped 27 per
cent in last three trading sessions. The stock today opened with a surge of 3 per cent at Rs.
46.20 - which is also recorded as the highest point of the day. However, the stock could not
hold gains and has tumbled 8.6 per cent from day's high to a low of Rs. 42.20 as traders
booked some bit of profit. Now, the stock is down 4.6 per cent at Rs. 42.65. The BSE counter
has registered trades of around 2,41,000 shares, when compared with two-week daily average
volume of 428,000 shares.
✍ JSW Steel slips 1.4% on crude steel production
Shares of JSW Steel Ltd were trading lower 1.4% at Rs.939 on BSE today. The company has
reported crude steel production for the month of February 2015 at 9.47 lakh tonnes compared to
9.63 lakh tonnes in February 2014, registering a decline of 2%. The production for flat rolled
products stood at 7.51 lakh tonnes in February 2015 compared to 7.99 lakh tonnes in February
2014, registering a decline of 6%. The production of long rolled products decreased by 4% to
1.48 lakh tonnes in February 2015 compared to 1.53 lakh tonnes in February 2014. The stock
opened at Rs.960 as against the previous close of Rs.953 on BSE. It has hit a high of Rs.960
and a low of Rs.935 on BSE today. Total traded quantity on the counter stood at over 0.24 lk
shares on BSE.
✍ Reliance Capital to begin talks with foreign players for insurance biz
Following passage of Insurance Bill in the Parliament, Reliance Capital today said it would
soon begin talks with foreign partners for its insurance ventures, according to a media report.
Reliance Capital's unit Reliance Life Insurance already has Japan's Nippon Life as a foreign
partner with 26 per cent stake. The Rajya Sabha on Thursday passed the Insurance Laws
(Amendment) Bill, 2015. Earlier on Wednesday March 4, the Lok Sabha had passed the
Insurance Bill to increase foreign investment limit in local insurers to 49 percent from 26

6. percent. Reliance Capital also expects to close deals for bringing in new partners for its general
and health insurance businesses soon, the report further said.
The company said that the Insurance Bill, which was passed yesterday in the Parliament, will
help the cash-strap industry attract more investment and expand the insurance penetration
across the country.
✍ CEAT slips 1.3% on BSE on speculation of rise in import duty of rubber
CEAT is trading lower on the BSE on the media reports that the government is planning to hike
the import duty on rubber. The stock so far has tumbled to a low of Rs. 777 and now is down
1.3 per cent at Rs. 779. The BSE counter has seen trades of around 16,000 shares, as against
two-week daily average volume of 95,000 shares.
✍ GSFC spurts 2%, secures approval to increase production of neem-coated urea
Gujarat State Fertilizers & Chemicals (GSFC) has now jumped around 2 per cent at Rs. 91 on
the BSE, on media reports that the firm has secured the approval of central government for
increasing production of neem-coated urea to 100 per cent from the current 35 per cent. So far
during the day, the stock has touched an intra-day high at Rs. 92.15 and a low at Rs. 90.20 on
the BSE. In early trade, the counter has registered trades of around 84,000 shares as against the
daily average volume of 189,000 shares in the past two weeks.
✍ LIC books profit of Rs. 22,000 cr in Feb
LIC has booked profit of Rs 22,000 crore by selling equities up to February this financial year
2014-15. Since start of this fiscal year, the insurer has sold shares worth Rs 49,000 crore and
invested Rs 40,000 crore. LIC bought stocks worth Rs 53,373 crore in FY2013-14, and worth
Rs 33,205 crore in FY2012-13. Insurance companies are allowed to invest up to 35% of funds
in equities and similar instruments. Of the rest, they need to invest a minimum 50% in
government-approved securities, 15% in infrastructure.
✍ M&M Fin gains 1% on block deal
Mahindra & Mahindra Financial Services is trading on a firm note in early morning deals on
the NSE, on the back of a huge block deal at the counter. Around 10 lakh equity shares have
changed hands in a block deal on NSE at an average price of Rs. 255.60 per share.
The stock touched a high at Rs. 258 in early trade, and is now up 1 per cent at Rs. 257.
So far, the counter has seen trades of 11 lakh shares on the NSE.

7. ✍ Infosys targets 900 clients for automation platform: Reports
A report said that Infosys Ltd is targeting around 900 clients globally for its IAP (Infosys
Automation Platform), Shyam Doddavula, assistant vice president and principal product
architect at Infosys. “The IAP enabled us to create intelligent robots, who are resolving
incidents related to customer’s orders for a large telco," Shyam Doddavula reported.
The stock was down 0.41% at Rs. 2208. The stock has hit a high of Rs. 2228 and a low of Rs.
2194.
✍ Jet Airways slips over TDS defaults
Jet Airways is trading on a soft note on reports of Income Tax notice on alleged TDS payments
default. According to media reports, Income Tax (IT) department have slapped prosecution
notice on Jet Airways for TDS (Tax Deduction at Source) payments default for financial years,
2008, 2009, 2010 and the current one. Earlier the company was served notice for irregularities
in TDS payments for 2013 and 2014. The stock so far has touched a low of Rs. 428, and is now
down a per cent at Rs. 432. The counter has seen trades of around 45,000 shares as against the
two-week daily average volume of around 309,000 shares on the BSE.
✍ Cairn India receives order from I-T Department
Cairn India Ltd submitted further clarification stating "We would like to inform you that Cairn
India Limited has received an order from the Income Tax Department today for an alleged
failure to deduct withholding tax on alleged capital gains arising during 2006-07 in the hands of
Cairn UK Holdings Limited (CUHL), our erstwhile parent company, a subsidiary of Cairn
Energy Plc. This was in respect of the transaction of CUHL transferring the shares of Cairn
India Holdings Limited (CIHL) to Cairn India Limited as part of internal group reorganisation
in 2006-07 to facilitate the IPO of Cairn India Limited. A demand of approx. Rs 20,495 Crore
(comprising tax of approx. Rs 10,248 Crore and interest of approx. Rs 10,247 Crore) is alleged
to be payable. Cairn India Limited does not agree with this alleged demand and will pursue all
possible options to protect its interest. Cairn India has always been fully compliant with all
Indian Income tax laws. Income tax assessments including transfer pricing assessment were
duly completed for FY 2006-07, earlier. As was communicated yesterday, from the media
reports we understand that tax demand has also been made by the Income Tax Department on
CUHL on this matter."
✍ Pipavav Defense & Offshore Engineering stock up 4%
Shares of Pipavav Defense & Offshore Engineering Ltd was up 4% and is trading at Rs. 78.
The stock has hit a high of Rs. 79 and a low of Rs. 75. Total traded quantity on the counter
stood at over 13.42 lk shares. Latest media reports doing rounds suggest that both Mahindra

8. group and Hero MotoCorp are interested in buying stake in Pipavav Defence & Offshore
Engineering. No final decisions have been made yet. Meanwhile, Sensex is trading at 28,931 up
85 points, while Nifty is trading at 8,742 up 58 points
✍ Adlabs Entertainment IPO to open on March 10
Adlabs Entertainment’s initial public offer (IPO) is expected to open on March 10. The issue
will close on March 12, as per the latest data available with the capital markets regulator
Sebi.The company intends to deploy the funds raised from the fresh issue for payment of loans
and general corporate purposes, says report.The equity shares are proposed to be listed on the
BSE as well as the National Stock Exchange.
✍ Economic news of the day - March 13, 2015
The country is targeting to produce 700mn tonnes of coal in the next fiscal year in what will be
the steepest annual rise as it auctions mines for the first time and state-major Coal India boosts
output.
Government plans to hike import duty on rubber to 25% while a slew of other steps are under
way to protect the interest of rubber growers, hit hard by declining prices. Industrial production
grew 2.6% in January mainly on account of improvement in manufacturing activity and better
off take of capital goods.
The retail inflation rose to 5.37% in February on higher prices of food items, including
vegetables and beverages.
✍ Top corporate news of the day - March 13, 2015
NTPC -issued bonus debentures worth Rs.103bn, the largest ever by any Indian company.
Gujarat State Fertilisers Company Limited has secured the approval of central government for
increasing production of neem-coated urea to 100% from the current 35%.
Manappuram Finance eyeing universal bank license. Firm seeks to ramp up priority sector
lending, is also in talks with MFIs for acquiring a stake.
Glenmark Pharmaceuticals has received approval for generic Salmecort MDI inhaler used for
management of asthma and pulmonary disease from Russia's Ministry of Health.
Mahindra Lifespace Developers said it has launched the second phase of its affordable housing
project at Boisar, a suburb in Mumbai.
Hindustan Unilever is launching Knorr instant noodles, entering a turf dominated by Nestle,
which has a near-monopoly in the Rs.27bn market. This comes almost five years after HUL
entered a bridge category with its soupy noodles.
RIL to shut refinery units for maintenance. It plans a four-week maintenance at one of the four

9. crude distillation units and a fluidic catalytic cracking unit at its Jamnagar refinery in the
western Gujarat.
Infosys eyes 900 clients for automation platform.
Tata Housing refutes Sri Lankan government's plans to review its project in Colombo. The
company had partnered with UDA, Sri Lanka to redevelop eight acres of land in Slave Island.
Natco Pharma Ltd has received approval for generic sofosbuvir tablets from Drugs the
Controller General of India.
IVRCL Limited has announced that the water and building divisions of the company have
bagged orders of the worth Rs.2261mn.

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