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Special Reports

	Light House - A Quick Perspective - UTI Asset Management Company Ltd. - 04 March 2021 UTI Asset Management Company Ltd. 04 Mar 2021
The stock currently trades at a trailing 9MFY-21 P/E of 16x, a significant discount compared to its peers HDFC AMC, which trades

	Light House Update - A Quick Perspective - Chemcon Speciality Chemicals Ltd. - 04 March 2021 Chemcon Speciality Chemicals Ltd. 04 Mar 2021
Chemcon specialty Chemicals reported ~16.3% Y-o-Y and ~5% Q-o-Q increase in topline to Rs648mn on account of sales volume growth

Fundamental Research

Rites Ltd.

02 Jan 2020

RITES Ltd (RITES) is a wholly owned Government Company, a Miniratna (Category - I) Schedule ‘A’ Public Sector Enterprise engaged

Derivative Strategies

Buy 1 lot of BHARATFIN March 980 Call at 23.50

Sell 2 lots of BHARATFIN March 1020 Call at 9.50

Bharat Financial has been trading in narrow band of 900-970 for last 2 months and in this duration made multiple attempts to break this range on higher side. However, Bharatfin failed to sustain above 970 and every time saw profit booking that dragged the stock below. In Tuesday’s trade, finally stock broke the range on higher side and added fresh longs in Future segment. Our short-term view on counter remains bullish and expect it to test 1020-1030 in short term. Keeping this in mind, we recommend initiating Bull Call Ratio Strategy in Bharatfin at current levels.

Morning Notes

05 Aug, 2021 - On Wednesday, Nifty August future ended with a gain of 0.71% whereas Nifty Bank August future ended with a gain of 2.26%. • Nifty August future ended at a premium of 2 points compared to its previous day’s premium of 15.75 points. Nifty Bank August future ended at a premium of 66.30 points compared to its previous

Technical Ideas Today

05 Aug. 2021 | All figures in `

Equity	Action	Initiation	Target	SL
RELIANCE	BUY	Around 2096	2150	2075
CUB	BUY	Around 154	162	149

Equity Derivatives	Action	Initiation	Target	SL
INDIGO	SELL	Below 1640	1570	1680

Currency Derivatives	Action	Initiation	Target	SL
USDINR	SELL	Around 74.30	73.90	74.50
JPYINR	BUY	Around 68.10	68.50	67.90
EURINR	SELL	Around 88.35	87.80	88.60

Commodity Derivatives	Action	Initiation	Target	SL
RM SEED	BUY	Around 7850	8000	7750
NATURAL GAS	BUY	Around 308.00	320	300
CHANA	BUY	Around 5080	5220	4990

Knowledge and Awareness Series

Life Insurance - A Need Analysis

Read to know how to avoid a possibility of misselling a policy

Types of Japanese Candlestick Patterns

In this edition we are going to discuss the types of Japanese candlestick pattern.

Gilt Funds

In this series,we have given a brief understanding about Gilt Funds.

Way2Wealth Securities Private Limited - CIN U72200KA2000PTC027020 | AMFI ARN: 0009

Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 Research Analyst: SEBI Regn No. INH200002739 | PMS: SEBI Regn No.INP000000829 | AMFI ARN: 77558 | PFRDA: POP226012019

Way2Wealth Commodities Private Limited - U51229KA2006PTC039880 | SEBI Regn No.: INZ000049130 Exchange Membership ID: MCX: 40040 | NCDEX: 00908

Way2Wealth Insurance Brokers Private Limited - Insurance Broking (Direct (Life & General): IRDA License No – 222 valid upto 21.10.2021 | CIN: U66010KA2003PTC032003

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Research

Special Reports

Light House - A Quick Perspective - UTI Asset Management Company Ltd. - 04 March 2021
UTI Asset Management Company Ltd.

Light House Update - A Quick Perspective - Chemcon Speciality Chemicals Ltd. - 04 March 2021
Chemcon Speciality Chemicals Ltd.