Download - 07th July 2018 Issue - 307
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07th
July 2018 Issue - 307
TCS hits fresh record high; brokerages
betting on strong Q1 earnings growth
Tata Consultancy Services created history on
Friday as it touched a fresh record high above
Rs 1,900 per share, supported by expectations
of strong growth in the June quarter and
depreciation in the rupee against the dollar.
The IT bellwether hit a fresh record high of
Rs 1,916.15 per share on the BSE. The stock
has been in an uptrend in 2018, up over 40
percent in the first six months. Indian largest
software exporter holds the tag of India’s
most valued company with a market
capitalisation of Rs 7.2 lakh crore, followed
by Reliance Industries, HDFC Bank, ITC,
and HDFC.
Varroc Engineering stock ends 7% higher
at Rs 1040 on BSE
The share price of auto component maker
Varroc Engineering closed at Rs 1040.55 on
Friday, a gain of 7.6 percent over its issue
price of Rs 967 on the BSE.
The stock has touched an intraday high of Rs
1,062 and an intraday low of Rs 1,000.
Corporate Action Company Name Type
& Percentage
Record Date Ex-Date
Bonus City Union Bank 1:10 11-07-2018 10-07-2018
Minda Ind 2:1 12-07-2018 11-07-2018 General Insuran 1:1 14-07-2018 12-07-2018 Ashoka Buildcon 1:2 13-07-2018 12-07-2018
Splits Shrenik New FV 2 09-07-2018 - Otco Intl New FV 2 10-07-2018 -
Dividend
Zee Entertain Final (290%) 10-07-2018 09-07-2018 Mindtree Final (30%) - 09-07-2018
Lumax Inds Final (230%) - 09-07-2018 Indian Metals Final (100%) - 09-07-2018 Goa Carbon Final (100%) - 09-07-2018
Balkrishna Ind Final (75%) - 09-07-2018 Bata India Final (80%) - 09-07-2018
Ashok Leyland Final (243%) - 09-07-2018 UltraTechCement Final (105%) - 10-07-2018
Tata Sponge Final (200%) - 10-07-2018 Seshasayee Pape Final (150%) - 10-07-2018 Orient Electric Final (50%) - 10-07-2018 Abbott India Special (50%) - 10-07-2018 Abbott India Final (500%) - 10-07-2018
Ceat Final (115%) - 10-07-2018 Shreyas Shippin Final (15%) - 11-07-2018
SREI Infra Final (5%) - 11-07-2018 Singer India Final (37%) - 11-07-2018
Menon Pistons Final (60%) - 11-07-2018 Minda Ind Final (80%) 12-07-2018 11-07-2018
Mastek Final (80%) - 11-07-2018 Karur Vysya Final (30%) - 11-07-2018
Kotak Mahindra Final (14%) - 11-07-2018 Karnataka Bank Final (30%) - 11-07-2018
Indian Hotels Final (40%) - 11-07-2018 Hero Motocorp Final (2000%) - 11-07-2018 Greenply Ind Final (60%) - 11-07-2018 Greenply Ind Final (250%) - 11-07-2018
Wendt Final (150%) - 12-07-2018 Tata Power Final (130%) - 12-07-2018
Supreme Petro Final (35%) - 12-07-2018 Swaraj Engines Special (250%) - 12-07-2018 Swaraj Engines Final (250%) - 12-07-2018
Sasken Tech Final (45%) - 12-07-2018 Swaraj Auto Final (45%) - 12-07-2018
RCI Industries Final (5%) 13-07-2018 12-07-2018 Rajratan Global Final (15%) - 12-07-2018 Onward Tech Final (10%) - 12-07-2018
M&M Final (150%) - 12-07-2018 Menon Bearings Final (25%) - 12-07-2018 Kirloskar Ferro Final (25%) - 12-07-2018 Kirloskar Bros Final (125%) 13-07-2018 12-07-2018
General Insuran Final (270%) 14-07-2018 12-07-2018 D-Link India Final (25%) - 12-07-2018
Birla Corp Final (65%) - 12-07-2018 Bandhan Bank Final (10%) 13-07-2018 12-07-2018 GE Power India Final (30%) - 12-07-2018
Atul Final (120%) - 12-07-2018 Tata Inv Corp Special (20%) - 13-07-2018 Tata Inv Corp Final (180%) - 13-07-2018
SKF India Final (120%) - 13-07-2018 Navin Fluorine Special (150%) - 13-07-2018 Navin Fluorine Final (180%) - 13-07-2018
Navneet Final (75%) - 13-07-2018 Lakshmi Machine Final (400%) - 13-07-2018
HEG Final (500%) - 13-07-2018 GlaxoSmithKline Final (350%) - 13-07-2018
Bhageria Indu Final (110%) - 13-07-2018
Corporate Action
Nifty Spot In Last Week :-
As we saw the Price Movement in Nifty Spot in last week that In Upside is 10816.35 and in Downside 10604.65
Nifty Spot In Upcoming Week :-
If the level of 10550 is not break then we will see the higher level with the support of that level and in upside mentioned
level close above 10860 So Target will be 11,111. If Nifty close below 10550 than target will up to 10400 to 10350.
Bank Nifty in Upcoming week ov
There is a very Strong support in downside level of 26100. If mentioned level is not break then we will see the higher level
with the support of that level; there is also strong resistance of 26650. If it’s close above mentioned level then target will be
up to 27050 to 27850.
NIFTY WEEKLY CHART BANKNIFTY WEEKLY CHART
COPPER WEEKLY CHART
COPPER:- :- There is a strong support level of 425 in
downside; Investors can Buy Copper with the Stop loss of
425 and target will be 450. If Copper will break that support
of 425 and close below that level then the target price will
be down to 406 to 383.
CRUDE OIL :- Investors can buy Crude
oil with the stop loss of 4799 then target
will be up to 5390.
CRUDE OILWEEKLY CHART
SILVER:- Investors can buy on dips
with the Stop loss of 38400 and If Silver
give close above 41600 then target will be
44000.
GOLD:- There is a strong
resistance level of 30,800. If
trading below this level
investor may saw selling
pressure. If the 30,800 level
breaks in upside then target
will be 31,000.
NATURALGAS:- Investors
can buy on dips with the stop
loss of 189 then target will be
up to 203 to 209.
GOLD WEEKLY CHART
SILVER WEEKLY CHART
NATURALGAS WEEKLY CHART
USDINR: : Investors can buy on dips in the range of 68.40 to
68.45 with a stop loss of 67.80. On upside target will be 69.40;
if USDINR close above 69.40 then target will be 70.50 to
72.50.
GBPINR: : Investors can buy on dips with the stop loss of 89.29
and in upside the target will be 92.50 to 93.00. Investors can sell in the
range of 93.00 with a stop loss of 94.05 then next target will be 91.30 to
90.59.
USDINR CHART
GBPINR CHART
EURINR: : Investors can sell on rise in the range of 81.25
to 81.60 stop loss of 82.35. If it closes above 82.35 then target
price will be 84.00.
EURINR CHART
JPYINR: There is a strong support of 61.15. Investors can
buy on dips this level stop loss 60.80 target will be upside
63.10; If close above this level 63.10 then next target will be
63.80.
JPYINR CHART
Factors affecting Currency Rates:
The dollar fell to three-week lows on Thursday, as the euro gained on strong German
industrial orders, while data showing jobs rose less than expected in June plus nagging
concerns about global trade also reined in the greenback's recent rally.
Mazen Issa, senior FX strategist, at TD Securities in New York said U.S. economic
prospects remain upbeat compared with the rest of the world, but that advantage could
be running its course.
The dollar index dropped to a three-week low and was last down 0.21 percent at 94.47.
Charts Showing trends of Dollar Index v/s USD/INR & USD/EUR
Premium / Discount (USD/ INR)
Based on Forward Rates
Duration Premium
One month Forward 026
Three month
Forward
0.48
Six month 1.24
One year 2.53
RBI reference Rates
Currency Rates
USD 68.87
GBP 91.14
Euro 80.63
100 Yen 62.25
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SUM INSURED
Up to 100 Times of monthly SIP Installment
1st Year: 10 times the monthly SIP amount
2nd Year: 50 times the monthly SIP amount
3rd Year and beyond : 100 times monthly SIP amount
MAX 25Lakhs. (eg: Insurance Cover up to Rs 25 Lakhs on CSIP Amount of Rs.
25000)
SUM INSURED (if SIP Stops)
Cover continues, if SIP stops after 3 Year @ Fund value, Subject to Maximum of
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LIFE COVER Proceeds
(In Case of Pre Mature Death)
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Benefits to Nominee
(In case of Pre Mature Death) Fund Value + Life Cover equipment up to 100 times
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Minimum SIP Installment
Minimum amount Rs. 1000, No Maximum amount Limit.
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Two consecutive payment defaults or total four defaults over the tenure of
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Birla Sun Life New Millennium
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Birla Sun Life Buy India Fund
Birla MNC Fund
Birla India Opportunities Fund
Birla Dividend Yield Plus
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