MARKET LENS - Reliance Securities

NIFTY 17246 IN FOCUS

Support 17149

17053

Resistance 17392

17539

Stock in Focus TVS MOTOR

Intraday Pic GAIL

Intraday Pick GNFC

Intraday Pick INDIGO

Institutional Equity Research

MARKET LENS

March 24, 2022

1

Indices Absolute Change Percentage Change

Domestic Last Trade Change 1-D 1-Mth YTD

BSE Sensex 57,685 (304.5) (0.5%) 3.3% (1.0%)

CNX Nifty 17,246 (69.9) (0.4%) 3.5% (0.6%)

S&P CNX 500 14,695 (28.9) (0.2%) 3.6% (2.0%)

SENSEX 50 18,050 (85.1) (0.5%) 3.4% (0.8%)

International Last Trade Change 1-D 1-Mth YTD

DJIA 34,359 (449.0) (1.3%) 0.9% (5.5%)

NASDAQ 13,923 (186.2) (1.3%) 1.7% (11.0%)

NIKKEI 27,724 (316.7) (1.1%) 4.8% (3.7%)

HANGSENG 21,959 (195.6) (0.8%) (3.5%) (6.1%)

Last Trade Change 1-D 1-Mth YTD

Dr. Reddy’s Lab (ADR) 53.2 0.1 0.3% (4.2%) (18.6%)

Tata Motors (ADR) 28.2 (0.5) (1.6%) (8.6%) (12.3%)

Infosys (ADR) 24.3 (0.5) (1.9%) 6.4% (4.0%)

ICICI Bank (ADR) 18.1 (0.9) (4.5%) (8.2%) (8.5%)

HDFC Bank (ADR) 60.4 (2.1) (3.3%) (9.2%) (7.2%)

Axis Bank (GDR) 47.6 (1.2) (2.4%) (5.8%) 2.9%

Reliance Ind (GDR) 65.6 (1.0) (1.4%) 6.3% 2.5%

ADRs / GDRs

Key Commodities Last Trade Change 1-D 1-Mth YTD

Brent Crude ($/bl) 123.5 1.9 1.3% 25.8% 58.3%

Silver ($/Oz) 25.3 0.1 0.3% 5.2% 8.0%

Gold ($/Oz) 1,942.1 4.8 0.2% 2.9% 6.1%

Copper LME ($/MT) 10,388.5 120.5 1.2% 5.2% 6.9%

Aluminium LME ($/MT) 3,699.0 194.5 5.6% 10.2% 31.8%

COMMODITY MARKET


USD/INR 76.3 0.42 0.6% 0.9% 2.3%

EUR/INR 84.2 0.30 0.4% (0.5%) (0.4%)

CURRENCY RATES


T-Bill - 91 D 3.8 0.04 0.00 0.02 0.04

10 Year G-sec Yield 6.8 0.00 0.00 0.01 0.06

RATES

Category BUY SELL NET Prev

FII 10,224.0 9,742.6 481.3 384.5

DII 4,653.2 4,947.5 (294.2) (602.1)

INVESTMENT ACTIVITY (RS. CR)

EXCHANGE TURNOVER

STOCK IN FOCUS

EQUITY INDICES

Intraday Picks

GAIL (PREVIOUS CLOSE: 144) BUY For today’s trade, long position can be initiated in the range of Rs 141-

143 for the target of Rs.149 with a strict stop loss of Rs 139.

GNFC (PREVIOUS CLOSE: 777) SELLFor today’s trade, short position can be initiated in the range of Rs 790-

800 for the target of Rs 770 with a strict stop loss of Rs 810.

INDIGO (PREVIOUS CLOSE: 1833) SELLFor today’s trade, short position can be initiated in the range of Rs 1833-

1850 for the target of Rs 1770 with a strict stop loss of Rs 1870.

f TVS Motor (CMP Rs.611) - TVS Motor (TVSL) remained broadly flat as against Nifty also remaining flat yesterday.

f Though we expect the domestic 2W industry to face a near-term demand weakness, we believe TVSL’s outperformance will continue on the volume front on the back of strong products and improved brand equity recently, while its rising exports at a better exchange rate would help on the margin front.

f As exports contribute ~28% to TVSL’s volume, sharp rebound in exports to African countries would have a major positive impact on its performance.

f Moreover, its recent increasing focus on EV segment through new launches as well as strategic tie-ups globally would take it to a new scale on the EV platform.

f We expect margin expansion due to softening commodity cost, price hikes, better product mix and increasing contribution of high margin export business, which would drive overall profitability with double digit EBITDA margins going forward.

f In view of the strong products basket, improving brand equity, healthy export potential, increasing margin territory and improving return ratio, we recommend BUY on TVSL with a 1-Year Target Price of Rs921, valuing the core business at 23x to Rs871 and adding Rs50 for the subsidiary valuing at 2x P/B.

Exchange Rs Crore

BSE Equity 4,538.7

BSE Derivatives 2,54,432.6

NSE Equity 61,632.7

NSE Derivatives 1,04,01,481.3


Support 17149

17053

Resistance 17392

17539


Intraday Pic GAIL

Intraday Pick GNFC



MARKET LENS

March 24, 2022

2

MARKET SYNOPSIS

f On Wednesday, NIFTY-50 rose

to 17,442-level post a gap-up

opening, but later failed to hold

higher levels and reversed, which

dragged the index to 17,199-level

during the day. Finally, the index

closed the session with the loss of

70 points at 17,246-level.

f NSE Cash segment reported

turnover of Rs61,633 crore as

compared to Rs61,821 crore

reported earlier.

f Overall market breadth remained

negative, where 853 stocks

advanced against 1,252 declined

stocks.

f Mixed trend was observed across

the sectoral indices during the day,

where Metal emerged as a top gainer with the increase of 1.2%. However Auto index emerged as a top loser with the decrease of 1%.

NSE-NIFTY OUTLOOK

f Yesterday, NIFTY-50 jumped above its downward sloping 100-day SMA in the initial trades, but due to lack of follow-up move the

index failed to hold higher levels and reversed subsequently. Its key technical indicators are positively poised on medium-term and

short-term timeframe charts, while near-term indicators reversed from their higher levels and given sell signal. Overall market breadth

remained negative, while mixed trend witnessed across the sectors. FII again emerged as net buyer in the cash segment, but turned

net seller across derivative categories. We believe the index will witness high volatility amidst weekly option expiry. On the lower side,

the index will continue to find support around 16,950-level. In case of rebound, 17,450-17,500 zone will cap the up-move.

f As for the day, support is placed at around 17,149 and then at 17,053 levels, while resistance is observed at 17,392 and then at 17,539

levels.

Technical Research


Support 17149

17053

Resistance 17392

17539


Intraday Pic GAIL

Intraday Pick GNFC



MARKET LENS

March 24, 2022

3

Derivatives Snapshot f NIFTY50 opened higher on back of positive global cues but failed to sustain and witnessed profit booking close near the low point of the day.

Nifty closed down by 70 points at 17,245 levels. Among the nifty stocks 21 advanced and 29 declined during the day.

f Among sectors it was a mixed bag with Pharma and Metals to gain by 1% average while Auto, Realty and Banks declined by 0.8% for the day.

f Broader market indices remained negative with NIFTY 100, 200 and 500 to close down by 0.3% average while midcap indices and small cap indices gained by 0.5% for the day..

f Nifty Mar futures end with 27 point premium at 17,272 mark while on other hand, Bank Nifty Mar futures ended with the premium of 58 point at 36,205 mark.

f Nifty has closed in an inside range of the previous day candle, breakdown above 17,300 levels would trigger a short covering as it has the highest call OI of 58 lakhs for the weekly expiry.

Sectoral Activity: Amongst sectoral index Pharma and Metals remained in focus with positive momentum.

Stock Activity: Dr.Reddy and Tata Steel have witnessed long buildup up in today’s trade.


Support 17149

17053

Resistance 17392

17539


Intraday Pic GAIL

Intraday Pick GNFC



MARKET LENS

March 24, 2022

4

Pivot TableName LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 SENSEX 57685 57042 57363 57890 58211 58738NIFTY 17246 17053 17149 17296 17392 17539BANKNIFTY 36147 35584 35866 36347 36628 37109ADANIPORTS 734 720 727 739 746 758ASIANPAINT 3017 2959 2988 3034 3063 3109AXISBANK 727 713 720 731 738 750BAJAJ-AUTO 3602 3532 3567 3625 3660 3718BAJAJFINSV 16407 16109 16258 16493 16643 16878BAJFINANCE 7005 6892 6949 7026 7083 7160BHARTIARTL 705 692 699 709 716 726BPCL 367 361 364 368 370 374BRITANNIA 3102 3041 3072 3123 3153 3205CIPLA 1014 990 1002 1024 1036 1057COALINDIA 183 177 180 182 185 187DIVISLAB 4554 4416 4485 4529 4598 4643DRREDDY 4127 3970 4049 4119 4198 4268EICHERMOT 2394 2340 2367 2390 2418 2441GRASIM 1582 1550 1566 1580 1597 1611HCLTECH 1181 1160 1170 1181 1191 1201HDFC 2346 2289 2317 2370 2399 2451HDFCBANK 1479 1445 1462 1491 1508 1536HDFCLIFE 526 518 522 528 532 538HEROMOTOCO 2395 2275 2335 2387 2447 2500HINDALCO 608 592 600 606 614 620HINDUNILVR 1979 1949 1964 1990 2005 2031ICICIBANK 718 707 713 720 725 732INDUSINDBK 931 918 925 935 941 951INFY 1872 1833 1853 1876 1896 1919IOC 122 119 121 122 123 124ITC 252 246 249 251 254 257JSWSTEEL 704 684 694 702 712 720KOTAKBANK 1770 1716 1743 1785 1812 1854LT 1767 1740 1754 1773 1786 1805M&M 774 758 766 780 788 802MARUTI 7645 7454 7550 7706 7801 7958NESTLEIND 17344 17096 17220 17385 17509 17674NTPC 133 132 133 133 134 135ONGC 176 173 174 176 177 179POWERGRID 210 207 209 210 211 212RELIANCE 2539 2501 2520 2542 2562 2584SBILIFE 1092 1058 1075 1096 1114 1135SBIN 491 481 486 494 499 507SHREECEM 23413 23071 23242 23446 23617 23821SUNPHARMA 901 877 889 908 919 938TATACONSUM 749 736 743 751 758 766TATAMOTORS 436 427 431 439 444 452TATASTEEL 1331 1268 1300 1324 1355 1379TCS 3712 3671 3692 3711 3731 3751TECHM 1542 1512 1527 1544 1560 1577TITAN 2690 2639 2664 2704 2729 2769ULTRACEMCO 6234 6130 6182 6247 6299 6365UPL 794 774 784 790 800 807WIPRO 611 604 608 611 615 619


Support 17149

17053

Resistance 17392

17539


Intraday Pic GAIL

Intraday Pick GNFC



MARKET LENS

March 24, 2022

5

Simple Moving AverageScrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEKSENSEX 57685 55896 57676 58163 57016 62245 47205NIFTY 17246 16706 17226 17351 17021 18604 14151BANKNIFTY 36147 35362 37029 37056 36707 41830 30406ADANIPORTS 734 713 725 728 730 901 638ASIANPAINT 3017 2993 3159 3194 3153 3590 2485AXISBANK 727 722 749 725 747 867 627BAJAJ-AUTO 3602 3466 3487 3445 3677 4347 3027BAJAJFINSV 16407 15714 16243 16738 15879 19325 9036BAJFINANCE 7005 6739 7043 7128 6959 8050 4362BHARTIARTL 705 693 706 707 656 782 505BPCL 367 351 370 382 420 503 331

BRITANNIA 3102 3291 3456 3528 3634 4153 3050

CIPLA 1014 980 948 930 936 1083 790COALINDIA 183 177 168 162 159 204 123DIVISLAB 4554 4271 4294 4514 4672 5425 3480DRREDDY 4127 3980 4252 4475 4741 5615 3654

EICHERMOT 2394 2425 2587 2573 2641 2994 2160

GRASIM 1582 1561 1682 1703 1629 1930 1262HCLTECH 1181 1163 1178 1184 1149 1378 891

HDFC 2346 2303 2442 2604 2630 3021 2046

HDFCBANK 1479 1425 1477 1498 1518 1725 1292HDFCLIFE 526 528 587 632 665 776 497HEROMOTOCO 2395 2410 2584 2562 2705 3090 2147HINDALCO 608 576 537 496 466 623 321HINDUNILVR 1979 2084 2222 2289 2414 2859 1902ICICIBANK 718 704 759 757 723 867 531INDUSINDBK 931 906 919 944 999 1242 811INFY 1872 1789 1782 1777 1707 1954 1311IOC 122 117 120 121 117 142 87ITC 252 229 226 225 221 265 199JSWSTEEL 704 645 651 657 676 777 452KOTAKBANK 1770 1786 1840 1886 1859 2253 1626LT 1767 1752 1861 1864 1747 2079 1306M&M 774 769 825 842 819 979 671MARUTI 7645 7640 8112 7811 7494 9050 6400NESTLEIND 17344 17606 18219 18732 18715 20609 16255

NTPC 133 132 134 132 128 152 97ONGC 176 169 168 158 143 195 97POWERGRID 210 208 208 204 192 223 149RELIANCE 2539 2380 2403 2420 2356 2751 1877SBILIFE 1092 1073 1146 1158 1138 1293 865SBIN 491 478 503 494 467 549 321SHREECEM 23413 23201 24494 25792 27059 32048 21650SUNPHARMA 901 864 859 824 786 931 587TATACONSUM 749 717 719 748 773 889 614TATAMOTORS 436 431 474 480 408 537 268TATASTEEL 1331 1253 1207 1196 1251 1535 778TCS 3712 3589 3724 3656 3576 4043 3004TECHM 1542 1455 1502 1560 1423 1838 937TITAN 2690 2531 2507 2460 2200 2768 1400ULTRACEMCO 6234 6226 6906 7238 7282 8269 5629UPL 794 721 755 747 760 865 581WIPRO 611 580 588 626 619 740 405


Support 17149

17053

Resistance 17392

17539


Intraday Pic GAIL

Intraday Pick GNFC



MARKET LENS

March 24, 2022

6

Bulk Deals Snapshot

*B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price

Deal Date Scrip Code Company Client Name Deal Type* Quantity Price

23-03-2022 540615 7NR JAIMESH G SHETH HUF B 54,000 18.24

23-03-2022 540615 7NR HITESH RAMNIKLAL MEHTA S 54,000 18.23

23-03-2022 539506 ADCON ALPHA LEON ENTERPRISES LLP S 25,000 14.81

23-03-2022 542678 CHCL VIBHUTI ENTERPRISES B 2,50,000 17.4

23-03-2022 542678 CHCL NNM SECURITIES PVT LTD S 2,54,000 17.43

23-03-2022 538786 CIL HIMESHSAVKARSONONE B 30,620 19.97

23-03-2022 540811 DML SIMPLURIS TECHNOLOGIES PVT LTD . S 50,000 13.18

23-03-2022 543475 EKENNIS UMESHKUMAR B 24,000 113.08

23-03-2022 526473 ELEFLOR AMIT LOHIA HUF S 1,25,000 32.75

23-03-2022 526473 ELEFLOR SREE NIWAS LOHIA & SONS HUF S 1,25,000 32.75

23-03-2022 526473 ELEFLOR VIKASH LOHIA HUF S 1,25,000 32.75

23-03-2022 539839 FRANKLIN MSB E TRADE SECURITIES LIMITED S 80,000 7.43

23-03-2022 540614 GGENG VINOD HARMUKHRAI BERIWAL S 12,00,000 6.89

23-03-2022 540614 GGENG ANUSTUP TRADING PRIVATE LIMITED B 4,53,949 6.89

23-03-2022 540614 GGENG SKSE SECURITIES LIMITED CORP CM/TM PROP A/C B 5,70,648 6.88

23-03-2022 540614 GGENG SKSE SECURITIES LIMITED CORP CM/TM PROP A/C S 1,54,686 6.88

23-03-2022 539692 IFINSER UDAYAN KANUBHAI MANDAVIA S 3,00,000 6.93

23-03-2022 539692 IFINSER VIBHUTI ENTERPRISES B 3,56,200 6.93

23-03-2022 539692 IFINSER NNM SECURITIES PVT LTD S 90,000 6.93

23-03-2022 517063 JETKINGQ AVINASH BHARWANI B 66,844 37.36

23-03-2022 517063 JETKINGQ ABHILASHA VIVEK SINGHANIA S 43,000 37.68

23-03-2022 517063 JETKINGQ RAGHAV VIJAY KAROL S 1,19,586 37.15

23-03-2022 539910 KOCL BHAUMIK PARMAR B 1,34,965 8.76

23-03-2022 539910 KOCL ARTLINK VINTRADE LIMITED S 7,00,000 8.76

23-03-2022 539910 KOCL HARDIK HIMMATBHAI MUNJPARA B 1,60,000 8.76

23-03-2022 539910 KOCL MANOJ RAMESHBHAI SOLANKI B 1,60,000 8.76

23-03-2022 539910 KOCL ANKIT AJITBHAI PANCHAL B 2,05,000 8.76

23-03-2022 533519 L&TFH LARSEN & TOUBRO LIMITED B 2,02,68,416 84.48

23-03-2022 507912 LKPFIN SARASWATI COMMERCIAL INDIA LTD S 2,00,000 97.01

23-03-2022 540396 MANOMAY VIBHUTI ENTERPRISES B 80,000 63

23-03-2022 540396 MANOMAY NNM SECURITIES PVT LTD S 80,000 63

23-03-2022 532654 MCLEODRUSS TEAM INDIA MANAGERS LTD S 5,50,000 23.42

23-03-2022 523483 PACIFICI LAHAR SINGH SIROYA S 22,929 462.13

23-03-2022 506605 POLYCHEM KILACHAND NANDISH T B 7,500 578

23-03-2022 506605 POLYCHEM KILACHAND PARTHIV T B 7,500 578

23-03-2022 506605 POLYCHEM HIGHCLASS TRADING PRIVATE LIMITED S 15,000 578

23-03-2022 539673 RCL ZULIA ZAFAR B 8,035 16.34

23-03-2022 543274 SUUMAYA VIKRAM JAYANTILAL S 1,46,700 68.21

23-03-2022 543274 SUUMAYA MANJU JAYANTILAL LODHA B 1,46,700 68.22

23-03-2022 530579 UYFINCORP ALLTIME DEALER PRIVATE LIMITED . S 22,00,000 8.44

23-03-2022 530579 UYFINCORP MOONRISE VINCOM PRIVATE LIMITED S 10,00,000 8.05

23-03-2022 539402 VAL KAUSHIK MAHESH WAGHELA S 84,966 43.1

23-03-2022 540823 VITESSE VIKAS KUMAR GOLA S 37,637 175.35

23-03-2022 538382 WESTLEIRES AKSR CORPORATE ADVISORS PVT LTD B 4,83,639 103.6

23-03-2022 538382 WESTLEIRES DECENT ENTERPRISES S 4,79,169 103.6

23-03-2022 541400 ZIMLAB MATHEW CYRIAC B 35,50,900 165

23-03-2022 541400 ZIMLAB ELIZABETH MATHEW S 35,50,900 165


Support 17149

17053

Resistance 17392

17539


Intraday Pic GAIL

Intraday Pick GNFC



MARKET LENS

March 24, 2022

7

Date Country Event Period Survey Prior

24-3-22 United States US Durable Goods New Orders In FEB P -0.6 1.6

24-3-22 United States US Durable Goods New Orders To FEB P 0.4 0.7

24-3-22 United States Capital Goods New Orders Nonde FEB P 0.6 1

24-3-22 United States Capital Goods Shipments Ex Air FEB P 0 1.9

24-3-22 United States Markit US Manufacturing PMI SA MAR P 55.5 57.3

24-3-22 United States Kansas City Federal Reserve SA MAR - 29

25-3-22 United States University of Michigan Consume MAR F 59.7 59.7

25-3-22 United States US Pending Home Sales Index Mo FEB 0.1 -5.7

25-3-22 United States US Pending Home Sales Index Yo FEB 0 -9.1

28-3-22 United States Merchant Wholesalers Inventori FEB P - 0.8

28-3-22 United States Dallas Fed Manufacturing Outlo MAR 0 14

29-3-22 United States S&P CoreLogic Case-Shiller 20- JAN 0 1.46

29-3-22 United States S&P CoreLogic Case-Shiller 20- JAN 0 18.56

29-3-22 United States S&P CoreLogic Case-Shiller 20- JAN - 285.6

29-3-22 United States FHFA US House Price Index Purc JAN 0 1.2

29-3-22 United States US Job Openings By Industry To FEB 0 11263

29-3-22 United States Conference Board Consumer Conf MAR 106.4 111

30-3-22 United States ADP National Employment Report MAR 0 475

30-3-22 United States GDP US Chained 2012 Dollars Qo 4Q T 6.13 7

30-3-22 United States GDP US Personal Consumption Ch 4Q T - 3.1

30-3-22 United States US GDP Price Index QoQ SAAR 4Q T 0 7.1

30-3-22 United States US GDP Personal Consumption Co 4Q T - 5

31-3-22 China China Manufacturing PMI SA MAR 0 50.2

31-3-22 China China Non-Manufacturing PMI SA MAR 0 51.6

31-3-22 United States Challenger US Job Cut Announce MAR - -55.9

31-3-22 United States ISM Milwaukee Purchasers Manuf MAR

31-3-22 United States Market News International Chic MAR 0 56.3

1-4-22 United States US Employees on Nonfarm Payrol MAR 370 678

1-4-22 United States Net Revisions to Nonfarm Payro MAR -

1-4-22 United States US Employees on Nonfarm Payrol MAR 448.3 654

1-4-22 United States US Employees on Nonfarm Payrol MAR 0 36

1-4-22 United States U-3 US Unemployment Rate Total MAR 3.84 3.8

1-4-22 United States US Employment Total in Labor F MAR - 548

1-4-22 United States US U-6 Unemployed & Part Time MAR - 7.2

1-4-22 United States US Labor Force Participation R MAR - 62.3

1-4-22 United States US Average Hourly Earnings All MAR 0.4 0

1-4-22 United States US Average Hourly Earnings All MAR - 5.1

1-4-22 United States US Average Weekly Hours All Em MAR 34.7 34.7

1-4-22 United States ISM Manufacturing PMI SA MAR 58.3 58.6

1-4-22 United States ISM Manufacturing Report on Bu MAR - 75.6

1-4-22 United States Census Bureau US Construction FEB 0.9 1.3

5-4-22 United States US Trade Balance of Goods and FEB 0 -89.7

Monthly Economic Calendar


Support 17149

17053

Resistance 17392

17539


Intraday Pic GAIL

Intraday Pick GNFC



MARKET LENS

March 24, 2022

8

Corporate ActionsCompany Name Ex-Date Purpose

Century Extrusions Limited 25-Mar-22 Extra Ordinary General Meeting

Tijaria Polypipes Limited 25-Mar-22 Extra Ordinary General Meeting

GOVERNMENT OF INDIA 25-Mar-22 Interest Payment

TVS Motor Company Limited 25-Mar-22 Interim Dividend - Rs 3.75 Per Share

Goldiam International Limited 28-Mar-22 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share

Steel Authority of India Limited 28-Mar-22 Interim Dividend - Rs 2.50 Per Share

BEML Limited 29-Mar-22 Interim Dividend

Sundaram Clayton Limited 29-Mar-22 Interim Dividend

Varun Beverages Limited 29-Mar-22 Annual General Meeting

Ambuja Cements Limited 30-Mar-22 Dividend - Rs 6.30 Per Share

Dhampur Sugar Mills Limited 30-Mar-22 Interim Dividend - Rs 6 Per Share

CRISIL Limited 30-Mar-22 Annual General Meeting/Dividend - Rs 15 Per Share/ Special Dividend - Rs 7 Per Share

SBI Cards and Payment Services Limited 30-Mar-22 Interim Dividend

ACC Limited 04-Apr-22 Dividend - Rs 58 Per Share

Sanofi India Limited 12-Apr-22 Annual General Meeting/Dividend - Rs 181 Per Share/Special Dividend - Rs 309 Per Share

Mahindra CIE Automotive Limited 13-Apr-22 Annual General Meeting/Dividend - Rs 2.50 Per Share

Schaeffler India Limited 19-Apr-22 Annual General Meeting/Dividend - Rs 16 Per Share

Sandhar Technologies Limited 20-Apr-22 Extra Ordinary General Meeting

Nestle India Limited 21-Apr-22 Dividend - Rs 65 Per Share

ABB India Limited 27-Apr-22 Annual General Meeting/Dividend - Rs 5.20 Per Share

Vesuvius India Limited 28-Apr-22 Dividend - Rs 8 Per Share


Support 17149

17053

Resistance 17392

17539


Intraday Pic GAIL

Intraday Pick GNFC



MARKET LENS

March 24, 2022

9

Guided Allocation Towards Research Products

Product Allocation (%)

Max. Allocation in 1 stock (%)

Number of Calls

Frequency Call Duration

Trading Products

Intraday 30 25-30 3-4 stocks Daily Daily

Positional Calls/weekly calls/BTST 30 15-20 6-7 stocks Weekly Fortnightly

TradEdge 15 25-50 2 stocks Fortnightly Monthly

Option Strategies 15 10-20 2 stocks Weekly Weekly

Cash 10

Total 100

Product Allocation (%)

Max. Allocation in 1 stock (%)

Number of Calls

Frequency Call Duration

Investment Products

Rsec Model Portfolio 25 10 8-10 stocks Monthly Half Yearly

Stock In Focus 25 5 1 stock Daily Quarterly

Fundamental Calls 25 5 10 Quarterly Yearly

Initiating Coverage 20 10 As and When Yearly

Cash 5

Total 100


Support 17149

17053

Resistance 17392

17539


Intraday Pic GAIL

Intraday Pick GNFC



MARKET LENS

March 24, 2022

10

Reliance Securities Limited (RSL), the broking arm of Reliance Capital is one of the India’s leading retail broking houses. Reliance Capital is amongst India’s leading and most valuable financial services companies in the private sector. Reliance Capital has interests in asset management and mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management services, distribution of financial products, private equity, asset reconstruction, proprietary investments and other activities in financial services. The list of associates of RSL is available on the website www.reliancecapital.co.in. RSL is registered as a Research Analyst under SEBI (Research Analyst) Regulations, 2014

General Disclaimers: This Research Report (hereinafter called ‘Report’) is prepared and distributed by RSL for information purposes only. The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice for the purpose of purchase or sale of any security, derivatives or any other security through RSL nor any solicitation or offering of any investment /trading opportunity on behalf of the issuer(s) of the respective security(ies) referred to herein. These information / opinions / views are not meant to serve as a professional investment guide for the readers. No action is solicited based upon the information provided herein. Recipients of this Report should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments. This Report has been prepared on the basis of publicly available information, internally developed data and other sources believed by RSL to be reliable. RSL or its directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information / opinions / views. While due care has been taken to ensure that the disclosures and opinions given are fair and reasonable, none of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information / opinions / views contained in this Report.

Risks: Trading and investment in securities are subject to market risks. There are no assurances or guarantees that the objectives of any of trading / investment in securities will be achieved. The trades/ investments referred to herein may not be suitable to all categories of traders/investors. The names of securities mentioned herein do not in any manner indicate their prospects or returns. The value of securities referred to herein may be adversely affected by the performance or otherwise of the respective issuer companies, changes in the market conditions, micro and macro factors and forces affecting capital markets like interest rate risk, credit risk, liquidity risk and reinvestment risk. Derivative products may also be affected by various risks including but not limited to counter party risk, market risk, valuation risk, liquidity risk and other risks. Besides the price of the underlying asset, volatility, tenor and interest rates may affect the pricing of derivatives.

Disclaimers in respect of jurisdiction: The possession, circulation and/or distribution of this Report may be restricted or regulated in certain jurisdictions by appropriate laws. No action has been or will be taken by RSL in any jurisdiction (other than India), where any action for such purpose(s) is required. Accordingly, this Report shall not be possessed, circulated and/or distributed in any such country or jurisdiction unless such action is in compliance with all applicable laws and regulations of such country or jurisdiction. RSL requires such recipient to inform himself about and to observe any restrictions at his own expense, without any liability to RSL. Any dispute arising out of this Report shall be subject to the exclusive jurisdiction of the Courts in India.

Disclosure of Interest: The research analysts who have prepared this Report hereby certify that the views /opinions expressed in this Report are their personal independent views/opinions in respect of the securities and their respective issuers. None of RSL, research analysts, or their relatives had any known direct /indirect material conflict of interest including any long/short position(s) in any specific security on which views/opinions have been made in this Report, during its preparation. RSL’s Associates may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report. RSL, its Associates, the research analysts, or their relatives might have financial interest in the issuer company(ies) of the said securities. RSL or its Associates may have received a compensation from the said issuer company(ies) in last 12 months for the brokerage or non brokerage services.RSL, its Associates, the research analysts or their relatives have not received any compensation or other benefits directly or indirectly from the said issuer company(ies) or any third party in last 12 months in any respect whatsoever for preparation of this report.

The research analysts has served as an officer, director or employee of the said issuer company(ies)?: No

RSL, its Associates, the research analysts or their relatives holds ownership of 1% or more, in respect of the said issuer company(ies).?: No

Copyright: The copyright in this Report belongs exclusively to RSL. This Report shall only be read by those persons to whom it has been delivered. No reprinting, reproduction, copying, distribution of this Report in any manner whatsoever, in whole or in part, is permitted without the prior express written consent of RSL.

RSL’s activities were neither suspended nor have defaulted with any stock exchange with whom RSL is registered. Further, there does not exist any material adverse order/judgments/strictures assessed by any regulatory, government or public authority or agency or any law enforcing agency in last three years. Further, there does not exist any material enquiry of whatsoever nature instituted or pending against RSL as on the date of this Report.

Important These disclaimers, risks and other disclosures must be read in conjunction with the information / opinions / views of which they form part of.

RSL CIN: U65990MH2005PLC154052. SEBI registration no. (Stock Broker: INZ000172433, Depository Participants: CDSL IN-DP-257-2016 IN-DP-NSDL-363-2013, Research Analyst: INH000002384); AMFI ARN No.29889.

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