EQUITY RESEARCH LAB:

DERIVATIVE REPORT 14TH JUNE

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NIFTY
FUTURE

Sensex closed 238.98 points down at 26,396.77, while Nifty 50 index settled 59.45 points
down at 8,110.60. Nifty fell for the third straight session on Monday on renewed
worries about the impact of Britains June 23 referendum on whether to leave the
European Union amid subdued Asian markets ahead of US Fed meet. Weak IIP and
expectation that CPI inflation is likely to accelerate is hammering the market.
Weakness in rupee due to anxiety over the upcoming FOMC and BoJ policy meet is
shifting the investors focus from riskier assets to safe havens like gold.

Technical views:
Nifty future closed at 8130.65 on Monday. Nifty today trade Below the range of 81808100 and made a low of 8082.20. next support for nifty may be 8070.

NIFTY DAILY
CHART

BANK NIFTY
FUTURE

Bank nifty open gap down in the morning trading session. And shown consolidation movement
over the full market hours and closed at 17562.15. Bank nifty showing consolidation phase on
daily chart ,bank nifty may be trade in the range of 17600-17900 in next contract. ICICI
BANK (-3.50%) and SBI BANK (-2.02%) is the top losers in bank nifty future.

Technical views:
Bank nifty Open down at 17625.00, to its previous closing 17797.05 on Monday and touched
high of 17643.30.Bank nifty technically break the 17500 level above that level if its manage or
sustain above the level of 17000 than new high 17800-18200 might be seen.

BANK NIFTY DAILY

CHART

USD/I
NR

The Indian rupee opened lower by 18 paise at 66.94 per dollar on Monday versus 66.76
Friday. Weak global c ues will put pressure on the rupee and it is likely to touch
67/dollar levels. The USD-INR pair to trade in a range of 66.50-67.20/USD today. Yen
climbed as traders favor haven assets ahead of crucial meetings of the Federal Reserve
and the Bank Of Japan.
USDINR STRATEGY R1 66.97 R2 66.20
Pivot Point 66.72

S1 66.72

S2 66.70

EUROPEAN MARKET
European markets finished broadly lower today with
shares in Germany leading the region. The DAX is down
1.83 % while London's FTSE 100 is off 1.17% and
France's CAC 40 is lower by 1.89%.

ASIAN
MARKET

Asian markets finished sharply lower today with

shares in Japan leading the region. The Nikkei
225 is down 3.51% while China's Shanghai
Composite is off 3.21% and Hong Kong's Hang
Seng is lower by 2.52%.

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