House View – 03 Apr 2019

Technical View Nifty – 11713
Short Term Target for Nifty is 10700
Short Term Reversal for Nifty is 11761
Crucial Resistance for Nifty is 11761
Intraday levels:
Support 11632 – 11573 Resistance 11738 – 11761
All levels are spot levels

Technical View Bank Nifty – 30354
Short Term Target for Bank Nifty is 27000
Short Term Reversal for Bank Nifty is 30730
Crucial Resistance for Bank Nifty is at 30648
Intraday levels:
Support 30156 – 30000 Resistance 30648 – 30800
All levels are spot levels

Marico
Marico said that during the fourth quarter they have witnessed stable
demand conditions and healthy offtake growth on the back of the
competitive strength of franchise.
Industry – Personal products
CMP – 346
52 Week High – 397
52 Week Low – 283
Impact – Positive

Infosys
Infosys arm selected by Ahli United Bank (Kuwait) to automate the bank’s
operational process.
Industry – IT Consulting & Software
CMP – 755
52 Week High – 772
52 Week Low – 551
Impact – Positive

TCS
TCS BaNCS to Power Harbin Bank’s Transformation into an lnternational
Brand
Industry – IT consulting & Software
CMP – 2079
52 Week High – 3675
52 Week Low – 1711
Impact – Positive

Jet Airways
Jet Airways grounds 15 more aircraft, offers pilots no-pay leave.
Industry – Airlines
CMP – 264
52 Week High – 651
52 Week Low – 163
Impact – Negative

Zee Entertainment
Essel Group Entity Defaults On NCD Interest Payments.The company failed
to pay annual interest of Rs 19.95 crore due on March 31, according to its
April 1 exchange filing.
Industry – Broadcasting & Cable TV
CMP – 420
52 Week High – 610
52 Week Low – 288
Impact – Negative