MARKET OUTLOOK

NIFTY SENSEX BANK NIFTY

HIGH 7576 24912 15555

LOW 7403 24340 15137

CLOSE 7564 24871 15522

PIVOT 7514 24708 15405

R 1 7625 25075 15673

R 2 7687 25279 15823

S 1 7452 24503 15255

S 2 7341 24136 14987

11267

11025

11236

COMMENTS NIFTY 50

NIFTY (7564) Nifty 50 opened negative but managed to hold 7400 mark and witnessed sustain buying interest towards the end of session till 7840 levels. It crossed and

closed above the hurdle of 7540 levels after the struggle of last nine trading sessions. It made a bullish engulfing price pattern on daily chart which has positive

implications. Finally the session ended with the gains of around 140 points. Now it has to hold above 7540 zones to witness an up move towards 7600 and 7620 levels,

while on the downside support exists at around 7500 levels and below that 7450 and 7400 levels. Traders are required to remain cautious ahead of the 3rd quarterly

result season which may give stock specific action to the market.

CNX IT

FIRST MORNING TECHNICAL CALL

Monday, February 1, 2016

11176

11327

11418

11085

10934

PIVOT TABLE

SENSEX (24871) BSE SENSEX opened negative but took support near to

24350 levels and witnessed a buying interest towards 24900 levels. It

managed to regain strength and gave a positive close with an intraday gain

of around 400 points. It formed a bullish engulfing candle on daily chart

and now it requires holding above 24800 zones to witness an up move

towards 25000 and 25250 zones, while holding below 24650 may drag it

back to 24500 and 24250 levels.

T E C H N I C A L S

S&P BSE~SENSEX

M&M : Rs. 1233 EXECUTION PRICE RANGE

Buy Between Rs. 1208 To Rs. 1220

Buy Between Rs. 817 To Rs. 825

FIRST MORNING TECHNICAL CALL

Monday, February 1, 2016

AUROPHARMA : Rs. 834

TECHNICAL CALLS

EXECUTION PRICE RANGE STOP LOSS

AUROPHARMA negated the short term negative trend of making lower

top lower bottom formation and edged higher above its immediate hurdle

of 830 levels. The major trend of the stock is intact to positive even after

the volatile swing witnessed in the broader market. It also managed to

close above its 50 DMA and may witness up move towards next hurdle of

855 zones. Thus recommending buying the stock with the stop loss of 804

for the upside target of 855 levels.

1189.00

855.00

M&M has been consolidating in a broader range 1100 to 1400 levels from

last one year and the support is intact even after the volatility in the

broader market. It is turning from the lower band of the trading range and

also formed an inverse head and shoulder pattern on daily chart which

has a bullish implication. It has to hold above immediate hurdle of 1220 to

witness a momentum and fresh buying interest towards 1270 and HI

higher. Thus recommending buying the stock with the stop loss of 1189

for the upside target of 1270 levels.

804.00

TARGET

TARGET

1270.00

STOP LOSS

INDICES CLOSE

SENSEX 24871

NIFTY 7564 CLOSE % SYMBOL CLOSE %

71.8 6.61 YES BANK 746.8 11.21

320.1 4.73 VEDANTA LTD 71.8 6.61

2562.8 4.67 HEROMOTOCORP 2565.7 5.17

Rs. (Cr.) YEST'DAY 873.0 4.60 SUNPHARMA 873.0 4.65

BSE Cash 2451 816.9 3.29 COAL INDIA 320.0 4.35

NSE Cash 20632

Derviatives(bn) 5352

DII Equity 394 CLOSE % SYMBOL CLOSE %

FII Equity -962 180.0 -2.91 BANK OF BARODA 125.4 -3.65

FII F&O -1880 250.1 -1.71 IDEA 103.2 -1.39

142.2 -1.32 CAIRN 122.2 -1.33

230.1 -1.22 ICICI Bank 230.2 -1.31

289.7 -0.55 NTPC 142.5 -1.25

EXCHANGE ADV

BSE 1558

NSE 1025

CLOSE % SYMBOL CLOSE %

Praj Industries Ltd 97.3 13.41 Just Dial Ltd 608.2 -16.81

ADR CLOSE Shriram Transport Finance Co Ltd 844.3 12.45 Eros International Media Ltd169.4 -4.75

Infosys ############ Aegis Logistics Ltd 103.8 11.37 Syndicate Bank 67.3 -4.40

HDFC Bank ############ Kitex Garments Ltd 438.2 9.99 Magma Fincorp Ltd 74.4 -4.06

Wipro ############ State Bank of Bikaner & Jaipur 532.1 9.46 SE Investments Ltd 182.1 -3.93

ICICI Bank ############ Transport Corp of India Ltd 249.6 8.31 Bank of Baroda 125.4 -3.65

Sterlite Inds. ############ Trident Ltd/India 52.4 8.05 Jet Airways India Ltd 602.6 -3.58

Dr. Reddy's Lab ############ Suzlon Energy Ltd 20.3 7.69 United Spirits Ltd 2488.5 -3.51

KSK Energy Ventures Ltd 47.5 7.59 Intellect Design Arena Ltd 231.1 -3.47

Titan Co Ltd 363.7 7.29 Tree House Education and Accessories Ltd141.5 -3.35

Sun TV Network Ltd 379.2 7.12 SpiceJet Ltd 87.3 -3.27

INDICES CLOSE INDICES CLOSE % Vedanta Ltd 71.8 6.61 JSW Steel Ltd 1057.1 -3.22

CNX Bank 15522 BSE MIDcap 10417 2.02 UPL Ltd 437.2 6.45 Ramkrishna Forgings Ltd 425.0 -2.90

CNX IT 11236 BSE SmallCap 10870 1.07 Jubilant Life Sciences Ltd 348.5 6.43 State Bank of India 179.9 -2.89

CNX Reality 154 BSE 200 3191 1.67 Monsanto India Ltd 2233.2 6.38 Westlife Development Ltd 225.8 -2.80

CNX FMCG 19133 140.7 6.27 Shriram City Union Finance Ltd1414.7 -2.38

CNX Infra 2424 7.78 61.9 6.17 Castex Technologies Ltd 11.1 -2.21

CNX Pharma 11756 67.88 46.1 5.98 Bharti Infratel Ltd 361.2 -2.21

BSE Auto 17046 99.00 28.6 5.93 Hindustan Zinc Ltd 161.0 -2.16

BSE Metal 6894 34.08 74.4 5.91 Orient Cement Ltd 143.5 -2.01

CNX MNC 8682 1114.24 207.9 5.88 Vaibhav Global Ltd 386.1 -1.98

BSE 500 10014 14.27 5637.5 5.78 Alok Industries Ltd 5.1 -1.92

Nifty Midcap 3093 PE CURRENT AVG 441.3 5.20 IDBI Bank Ltd 58.7 -1.92

BSE 100 7652 NIFTY 18.6 19.7 2565.7 5.17 Tata Steel Ltd 249.7 -1.77

175.1 4.82 Credit Analysis & Research Ltd1210.0 -1.73

NIFTYSENSEX

TOP OUTPERFORMERS

NTPC

ICICI BankADVANCES & DECLINES

533 1558

1.78

1.31

1.61

1.31

6.54

0.92

-0.55

BSE 500

SYMBOL

-0.73

26.77

TOP UNDERPERFORMERS

SYMBOL

TOP UNDERPERFORMERS1328 2886

% CHG

401.12

FIRST MORNING TECHNICAL CALL

Sun Pharma

1.87

Coal India

% CHG

Hero Motocorp

INDIAN INDICES

138.90

15.44

43.28

Future Retail Ltd

1.74

Silver ($)

RS/$

OTHER IMP.DATA10 Yr Gsec yield

2.75

%

1.91

% CHG

0.46

17.30

0.23

TOTAL

PREV.DAY

DECLINES

1248 -250.67

$ Index

BSE NSE

1.55

1.23

1.28

Brent Crude ($)

Gold ($)

-0.69

PREV.CLOSE

11.37

Manappuram Finance Ltd

SBI

Tata Steel

TURNOVER & MARKET CAP

INSTITUTIONAL ACTIVITIES500 -21.15

-367 162.13

1.64

CHANGE

2657

Power Finance Corp Ltd

Hero MotoCorp Ltd

Srei Infrastructure Finance Ltd

HMT Ltd

NIFTYSENSEX

SESA Goa

SYMBOL

Advanta Ltd

Delta Corp Ltd

Mahindra & Mahindra Financial Services Ltd

WABCO India Ltd

Monday, February 1, 2016

2.12

Bharti Airtel

HUL

TOP OUTPERFORMERS

-0.61

SECTORAL INDICES

-6.84

57.72

INDIAN ADR's

20783

4221

-7.75

SCRIP NAME OPEN HIGH LOW CLOSE PIVOT R 2 S 1 S 2 TRENDER+

ACC 1220 1254 1216 1240 1237 1274 1220 1199 Flat

AMBUJA CEMENT 194 197 193 195 195 199 193 191 UP

ASIAN PAINTS 864 875 859 870 868 884 861 852 UP

AXIS BANK 396 410 393 408 404 420 398 387 Down

BAJAJ AUTO 2270 2360 2264 2342 2322 2418 2284 2225 UP

BHARTI AIRTEL 289 297 282 290 290 305 282 275 Down

BHEL 138 140 137 139 138 141 137 135 Down

BPCL 869 907 866 893 888 929 870 848 UP

CAIRN INDIA 129 130 121 122 124 133 119 115 Down

CIPLA 580 592 578 585 585 599 578 571 UP

COAL INDIA 306 325 305 320 317 336 309 297 UP

LUPIN 1696 1721 1691 1711 1708 1738 1694 1678 UP

Dr.REDDY'S LABS 2998 3120 2971 3105 3065 3214 3011 2917 UP

GAIL INDIA 363 373 359 369 367 380 361 353 Down

GRASIM INDS 3351 3444 3350 3394 3396 3490 3348 3302 Down

HCL TECH 845 871 842 866 860 888 848 831 UP

HDFC 1148 1188 1145 1175 1169 1212 1151 1127 UP

HDFC BANK 1035 1055 1032 1050 1046 1068 1037 1023 UP

HERO MOTOCORP 2449 2585 2442 2566 2531 2674 2477 2388 UP

HINDALCO 70 71 69 71 70 73 69 68 Down

HINDUSTAN UNILEVER 791 820 791 817 809 838 799 780 UP

ICICI BANK 219 234 216 230 227 245 219 209 Down

IDEA 105 107 102 103 104 109 101 100 Down

IDFC 41 41 40 41 40 42 40 39 Down

INDUSIND BANK 907 935 900 929 921 956 908 886 UP

INFOSYS 1138 1170 1132 1165 1156 1194 1141 1117 UP

ITC 323 326 317 320 321 330 316 312 UP

ULTRATECH CEMENT 2751 2852 2738 2840 2810 2925 2768 2696 UP

TECH MAHINDRA 500 506 493 501 500 513 494 487 Down

KOTAK MAHINDRA BANK 665 686 665 683 678 699 670 656 Flat

LARSEN & TOUBRO 1074 1109 1070 1102 1094 1133 1078 1055 Down

MAHINDRA & MAHINDRA 1212 1240 1184 1233 1219 1275 1198 1163 UP

MARUTI SUZUKI 3925 4124 3923 4096 4048 4249 3971 3847 Down

ADSEZ 211 217 209 212 213 221 208 204 Down

NTPC 144 147 140 142 143 149 140 137 UP

ONGC 221 228 221 226 225 232 222 218 UP

POWERGRID 145 148 144 148 147 151 145 142 UP

PUNJAB NATIONAL BANK 91 92 88 91 90 94 89 87 Down

RELIANCE INDS 1019 1040 1018 1035 1031 1053 1022 1009 UP

ZEE ENTERTAINMENT ENTERPRISES LIMITED405 423 404 420 416 434 409 397 UP

SAIL 43 44 42 43 43 44 42 41 Down

SBI 184 186 178 180 181 189 177 174 Down

VEDANTA Ltd 69 73 69 72 71 75 69 67 Flat

YES BANK 663 750 651 747 716 814 682 617 UP

SUNPHARMA 843 880 839 873 864 905 848 822 UP

TATA MOTORS 332 341 324 337 334 350 327 318 Flat

TATA POWER 60 61 60 60 60 62 59 59 Down

TATA STEEL 255 259 247 250 252 263 245 241 Down

TCS 2359 2400 2335 2391 2375 2440 2351 2311 UP

WIPRO 549 566 548 563 559 576 552 542 UP

833 - 804

Monday, February 1, 2016

FIRST MORNING TECHNICAL CALL

106 105 - 100

377 - 364

414

TRENDER+ OF NIFTY 50 STOCKS

880 - 864

198 - 194

1731 - 1701

R 1

877

573 - 556

797 - 699

94 - 90

254 - 243

347 - 331

74 - 70

431 - 412

883 - 854

126 - 117

3466 - 3372

241 - 223

1187 - 1148

323 - 314

949 - 914

2647 - 2504

72 - 70

2428 - 2363

230 - 224

150 - 146

1179

325

2882

507

691

2620

72

61 - 59

1049 - 1027

41 - 40

1125 - 1086

1265 - 1209

4210 - 4009

219 - 210

238

695 - 674

2903 - 2789

510 - 497

93

149

229

183 - 175

146

43 - 42

4172

216

145 - 138

344

61

889 897 - 856

2416

1254

1117

297

140

911

128

592

328

1724

41

3160

374

197

828

943

1266 - 1228

2380

141 - 138

877

2399 - 2303

301 - 286

3187 - 3038

1059

920 - 879

417 - 401

1064 - 1041

1194

257

3442

570

1044

780

74

184

43

427

1203 - 1160

DAILY PROJECTED RANGE

596 - 582

332 - 313

1257

Closing price is the price at which scrip closes on the date mentioned in the report. Traders may initiate their intraday trade on this level. The stock or index should sustain above or below the pivot else you should exit the trade.

HOW TO TRADE USING THE TRENDER+

FIRST MORNING TECHNICAL CALL

Monday, February 1, 2016

Tel No: +91 22 4001 3700 | Fax No: +91 22 4001 3770 | Website: www.rathi.com

ANAND RATHI SHARE AND STOCK BROKERS LIMITED 4 th Floor , Silver Metropolis, Jaicoach Compound Opposite Bimbisar Nagar,Goregaon(East), Mumbai - 400063.

Ideally, for a sell position, sell at the pivot point and use R1 as a stop loss and S2 or lower levels as a target level.

IF THE TREND IS DOWN

Ideally, for a buy position, buy at the pivot point and use S1 as the stop loss for a target of levels around R2 and higher.

THE TREND AND THE DAILY PROJECTED RANGE IS BASED ON CERTAIN SIMPLE CALCULATIONS WHICH IS PROVIDED BY BLOOMBERG, EXCLUSIVELY USED BY ANAND RATHI

DAILY PROJECTED RANGE : Projected Daily high and low are indicative range for the day, if the price moves out of the range the trend in that side may accelerate and turn bullish or bearish.

TRENDER + : This is a broad based technical trend of the stock prevailant, may or may not be necessarily for the day.

CLOSING PRICES

Trend is the level at which the tendency of stocks can be identified. For best results, you can use the 'trender' to trade. A 'weak' trend denoted by “DOWN” means that traders can trade with a negative bias. If the trend is 'strong',denoted by “UP”, one can trade with a positive bias

on the long side. Base price should be the pivot point price.

IF THE TREND IS UP

TREND

Disclaimer:-Thisreport has been issued by Anand Rathi Share and Stock Brokers Limited (ARSSBL), which is regulated by SEBI. The informationherein was obtained from various sources; we do not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). ARSSBL and its affiliatesmay trade for their own accounts as market maker / jobber and/or arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. ARSSBL, its affiliates, directors, officers, and employees may have a long or short position in any securities of this issuer(s) or in related investments. ARSSBL or its affiliatesmay from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report. This research report is prepared for private circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the ppropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report.

Disclaimer:-Thisreport has been issued by Anand Rathi Share and Stock Brokers Limited (ARSSBL), which is regulated by SEBI. The informationherein was obtained from various sources; we do not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). ARSSBL and its affiliatesmay trade for their own accounts as market maker / jobber and/or arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. ARSSBL, its affiliates, directors, officers, and employees may have a long or short position in any securities of this issuer(s) or in related investments. ARSSBL or its affiliatesmay from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report. This research report is prepared for private circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the ppropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report.