STOCK UPDATES:

BTST FUTURE BUY KPIT
JUL FUTURE NEAR CMP 186 
TGT 189.50 
SL 184,

BTST FUTURE BUY HINDUSTAN ZINC 
JULY FUTURE NEAR CMP 181 
TGT 184.50 
SL 179,

European markets trade on a weak note;
DAX slips 0.64%,
CAC40 falls 0.71% and
FTSE100 declines 0.74%

STOCK UPDATES: 

BUY DISH TV 
FUTURE ABOVE 98.50 
TGT 101, 104 
SL 96.45,

KINDLY AVOID CONCOR BUY CALL, 
NOT EXECUTED YET,

STOCK UPDATES:

BUY CONCOR 
FUTURE ABOVE 1470 
TGT 1494,1520 
SL 1460,

Market Outlook :

-Nifty Futures Trend Deciding level is 8185 (Intraday Traders,

 NF Trend Changer Level  8181 (Positional Traders)

-Nifty is likely to turn volatile and is expected to follow global cues.

-Nifty to turn volatile as the day progresses. Global cues to play important role.

-Nifty continued its northbound journey and breached 8200 mark yesterday. 

 We maintain bullish view with our short term target of 8285. However for 

 medium term we maintain our target of 9200 on Nifty. On the downside, Now 

 the level of 8140 will play as a immediate term support. However the range of 

 8050 to 8000 remains an important support for short term.

	Nifty Level future
Up ↑	8270	8235	8200
Down ↓	8190	8170	8130

	Action	SL	TGT
Buy above	8225	8173	8325
Sell below	8125	8175	8030

STOCK UPDATES:

BTST BUY PIDILITE INDUSTRIES
FUTURE NEAR CMP 722 
TGT 732 
SL 716,

BTST BUY CEAT
FUTURE NEAR CMP 845 
TGT 862 
SL 835,

Market Outlook :

-Nifty Futures Trend Deciding level is 8128 (Intraday Traders,

 NF Trend Changer Level  8181 (Positional Traders)

-Nifty is likely to turn volatile and is expected to follow global cues.

-Nifty to turn volatile as the day progresses. Global cues to play important role.

-Nifty spot if manages to trade and sustain above 8150 level then expect some 

  upmove in the market and if it breaks and trade below 8080 level then some 

  softness is expected in the Nifty.

-Nifty is still trading above its 50DEMA, which is placed near to 8000. It has 

 some resistance at 8150, but the possibility is high that Nifty can break this 

 resistance and it can test its recent high of 8285 soon. However for medium 

 term we maintain our target of 9200 on Nifty. On the downside it has lot of 

 support in the range of 8050 to 8000.

	Nifty Level future
Up ↑	8200	8185	8155
Down ↓	8130	8115	8090

	Action	SL	TGT
Buy above	8150	8104	8250
Sell below	8080	8121	8000

BTST FUTURE: 

BTST BUY LIC HOUSING FINANCE 
FUTURE NEAR 
CMP 499 
TGT 506 
SL 495,

BTST BUY BANK OF BARODA
FUTURE NEAR 
CMP 154.50 
TGT 158 
SL 152.45,

BTST BUY ENGINEERS INDIA 
FUTURE NEAR 
CMP 203.50 
TGT 207 
SL 201.45

FUTURE:

BUY BATA INDIA FUTURE ABOVE 541 
TGT 550 
SL 538,

NEWS UPDATE:

China’s Shanghai Composite has lost 0.5%. China's official June manufacturing purchasing managers' index will be announced on Friday, 1 July 2016. On the same day, Markit Economics will announce Caixin China General Manufacturing PMI for June 2016.

Asia markets are trading mixed with Japan’s Nikkei down 0.3% and Hong Kong’s Hang Seng slipping 1% after Britain shocked the world in a historic referendum vote where it decided to exit the European Union. 

IT exporters extended losses on concerns over demand uncertainty from Europe and volatility in the British pound post the Brexit. Wipro eased 1% while Infosys was down 0.7% and TCS which has a substantial exposure to UK was down 0.3%.

Larsen & Toubro extended gains and was trading higher after the company said its construction division has won orders worth Rs 2,416 crore.

Reliance Industries was up 0.5%. The owner of the world's biggest refining complex, imported 13.2% less oil in May compared with a year earlier.

FMCG majors ITC and Hindustan Unilever continued to trade firm on expectation that rural volume growth would pick up pace after the MET department said that monsoon rains are likely to retreat later than normal.

Financial shares witnessed short covering with HDFC Bank and HDFC leading the gains along with SBI and Axis Bank.

the S&P BSE Sensex was up 31 points at 26,433 and the Nifty50 was up 13 points at 8,108. In the broader markets, the BSE Midcap index was up 0.4% while the Smallcap index was up 0.6%.

STOCK UPDATES:

BUY DRREDDY'S LABORATORIES ABOVE 3283
TGT 3300, 3320, 3350
SL 3260

Market Outlook :

- Nifty Futures Trend Deciding level is 8095 (Intraday Traders,

  NF Trend Changer Level  8181 (Positional Traders)

-Nifty is likely to turn volatile and is expected to follow global cues.

-Nifty spot if manages to trade and sustain above 8100 level then it is likely

 to show some up move and if it breaks and trade below 8040 level then some

 profit booking can be seen in the market. Please note this is just opening view 

 and should not be considered as the view for the whole day.

-High made today was 8120,unable to sustain above 8111 and saw an intraday correction of 50 

 points and closed below 8111 suggesting bears are active.Trading below 8050  can see quick 

 fall towards 7972/7921 as shown in below chart.

	Nifty Level future
Up ↑	8150	8125	8100
Down ↓	8080	8060	7980

	Action	SL	TGT
Buy above	8125	8074	8225
Sell below	8020	8071	7920

BTST FUTURE:
BTST BUY DABUR INDIA FUTURE NEAR
CMP 319 TGT 322, 326 SL 315

WORLD MARKETS:

Market update:
Sensex rises 71 points, Nifty moves above 8,100 on the back of buying in heavyweights like ITC, ICICI Bank and L&T
Starbucks to debut small-lot Indian coffee in US this year

News Update:

Relaxation of foreign investment rules credit positive: Moody's
Bajaj Finserve at lifetime high; the co may purchase Allianz’s stake in insurance JVs in a deal worth Rs.10,000 cr

STOCK UPDATES:

BUY EXIDE INDUSTRIES FUTURE ABOVE 169 
TGT 169.75, 170.75, 172.25 
SL 167.70,

Market Outlook :

- Nifty Futures Trend Deciding level is 8185 (Intraday Traders,

  NF Trend Changer Level  7925 (Positional Traders)

-Nifty is likely to turn volatile and is expected to follow global cues.

-Nifty spot if manages to trade and sustain above 8100 level then it is likely

 to show some up move and if it breaks and trade below 8040 level then some

 profit booking can be seen in the market. Please note this is just opening view 

 and should not be considered as the view for the whole day.

	Nifty Level future
Up ↑	8150	8100	8020
Down ↓	7980	7925	7880

	Action	SL	TGT
Buy above	8105	8054	8200
Sell below	7990	8031	7910

World News:
‪#‎Brexit‬ is a poll and not yet implemented. This is about public opinion just like ‪#‎Grexit‬ was. This is about Politics v/s Public opinion.
A year back 66% Greeks voted against the Bailout but they were still made to continue with Austerity for another 3 years.
The British want out now
Opinion Polls show that Italy and Portugal or France might also want a referendum to vote out.
The Public want out but the Politicians want in. Tsipras did not have it in him to take the Greek plan to its end. Will Nigel Farage manage to walk the talk against the UK Parliament is the next part of the show.
But clearly the Public are tired of the quiet depression that they have been subject to and the Politicians are still not listening. This is interesting and painful to watch.
Do people at large have a voice
Just the last weekend we faced Rajan's exit news and he too was subject to issues regarding open speech on issues that concern the country.
Public opinion in an Internet world of information is the new fight.
You cannot scare people to change their opinion anymore because everyone is watching reading and thinking about it more than ever before.
The biggest change that the Information age will bring will be that of Understanding that the People value the Truth and you cannot stray away from the core issues that matter to the public at large for long. Sooner or later someone will come up and look at that as an opportunity in Change.

Stock Updates:

All the Nifty stocks trade lower. Tata Motors slumps 9% to Rs 445. Tata Steel, ICICI Bank, Maruti Suzuki, Bank of Baroda and SBI fall 3-6%

 Market Outlook :

- Nifty Futures Trend Deciding level is 8248 (Intraday Traders,

  NF Trend Changer Level  8192 (Positional Traders)

-Expect volatility to increase as the day progresses. Trade in small quantity and 

  trade as per market trend.

-Nifty spot if manages to trade and sustain above 8300 level then it is likely 

  to show some upmove and if it breaks and trade below 8220-200 level then 

  it is likely to show some profit booking. Please note this is just opening view 

  and should not be considered as the view for the whole day.

- markets trading in a range for few weeks

- today, NF closed nicely in positive but AD was negative
- option writing levels 8000-8400

	Nifty Level future
Up ↑	8320	8260	8235
Down ↓	8215	8175	8150

	Action	SL	TGT
Buy above	8230	8200	8320
Sell below	8150	8190	8070