MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN

Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN

EQUITY INDICES

Indices Absolute Change Percentage Change Domestic Last Trade Change 1-D 1-Mth YTD BSE Sensex 55,437 593.3 1.1% 4.3% 16.1% CNX Nifty 16,529 164.7 1.0% 3.8% 18.2% S&P CNX 500 14,065 93.4 0.7% 2.4% 22.1% SENSEX 50 17,347 169.0 1.0% 3.9% 18.5%

International Last Trade Change 1-D 1-Mth YTD DJIA 35,515 15.5 0.0% 2.4% 16.0% NASDAQ 14,823 6.6 0.0% 2.7% 15.0% NIKKEI 27,475 (502.7) (1.8%) (1.9%) 0.1% HANGSENG 26,316 (75.6) (0.3%) (6.1%) (3.4%)

ADRs / GDRs Last Trade Change 1-D 1-Mth YTD Dr. Reddy’s Lab (ADR) 62.7 (0.5) (0.8%) (13.5%) (12.0%) STOCK IN FOCUS Tata Motors (ADR) 20.5 0.0 0.0% 0.6% 62.7% Infosys (ADR) 23.6 0.3 1.3% 13.3% 39.4% f Cera Sanitaryware (CERA) enjoys >12% market share in sanitaryware business with strong positioning in faucetware and tiles business. ICICI Bank (ADR) 19.4 (0.1) (0.3%) 9.8% 30.3% HDFC Bank (ADR) 76.6 1.5 2.0% 2.7% 6.0% f A prudent diversification into faucet-ware and tiles segment over Axis Bank (GDR) 50.8 0.1 0.2% (1.4%) 20.1% last 9 years enables the company to become a major one-stop Reliance Ind (GDR) 57.9 0.6 1.0% 2.1% 5.8% housing solutions provider, paving the way for long-term sustainable earnings growth. COMMODITY MARKET Key Commodities Last Trade Change 1-D 1-Mth YTD f With dominant presence in sanitaryware segment and business Brent Crude ($/bl) 69.8 (0.8) (1.1%) (5.1%) 34.8% interest in allied businesses like faucetware, tiles and wellness Silver ($/Oz) 23.7 (0.1) (0.4%) (8.2%) (10.9%) products, CERA is likely to see healthy demand traction in ensuing Gold ($/Oz) 1,779.9 1.7 0.0% (2.0%) (6.7%) years. Copper LME ($/MT) 9,540.5 15.0 0.2% 1.0% 23.0% f Additionally, balanced products portfolio at a varied price points, Aluminium LME ($/MT) 2,613.8 3.8 0.1% 5.1% 32.1% robust distribution network and rising brand awareness in Tier-II and Tier-III cities bode well for sustained earnings growth. CURRENCY RATES Last Trade Change 1-D 1-Mth YTD f Led by better-than-expected rebound in demand scenario in recent USD/INR 74.4 0.02 0.0% (0.4%) 1.5% months and price hikes in most product segments, CERA is expected EUR/INR 87.5 0.12 0.1% (0.8%) (2.7%) to witness healthy earnings traction in subsequent quarters. f We have BUY rating on the stock with 2-Year Target Price of RATES Rs5,274 . Last Trade Change 1-D 1-Mth YTD T-Bill - 91 D 3.4 (0.02) 0.00 (0.02) 0.09 10 Year G-sec Yield 6.2 0.02 0.00 0.02 0.06 Intraday Picks ASHOKLEY (PREVIOUS CLOSE: 130) SELL INVESTMENT ACTIVITY (RS. CR) For today’s trade, short position can be initiated in the range of Rs 133- Category BUY SELL NET Prev 135 for the target of Rs.127 with a strict stop loss of Rs 137. FII 8,016.3 7,196.6 819.8 (212.1) DII 6,104.5 5,955.0 149.5 307.8 BPCL (PREVIOUS CLOSE: 455) BUY For today’s trade, long position can be initiated in the range of Rs 448- EXCHANGE TURNOVER 452 for the target of Rs.465 with a strict stop loss of Rs 443. Exchange Rs Crore BSE Equity 5,560.8 SBIN (PREVIOUS CLOSE: 431) BUY BSE Derivatives 3,01,088.8 For today’s trade, long position can be initiated in the range of Rs 425- NSE Equity 61,921.8 429 for the target of Rs.445 with a strict stop loss of Rs 419. NSE Derivatives 95,19,295.7

1 Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN

Technical Research

MARKET SYNOPSIS f On Friday, NIFTY-50 extended gain after a stellar start and kept oscillating upwards during the day. Finally, the index finished trade near to its life-time-high of 16,544-level, with the gain of 165 points. f NSE Cash segment reported turnover of Rs61,922 crore as compared to Rs55,989 crore reported earlier. f Overall market breadth turned negative, where 941 stocks advanced against 1,054 declined stocks. f Mixed trend was observed across sectoral indices during the day, where IT emerged as a top gainer with the increase of 1.4%. However Media and Realty indices emerged as top losers with the decrease of 0.9% each.

NSE-NIFTY OUTLOOK f Continuing its prior daily rising trend, NIFTY-50 witnessed breakout from broadening top pattern on last trading session of the week. Overall market breadth turned negative, while mixed trend witnessed across the board. Its hourly RSI witnessed further rise after a trendline breakout and is positively poised. As per the current set-up, the index will oscillate upwards as its near to breakout point of broadening top pattern, which is placed at around 16,600-level. In case of decline, the index will find support at around 16,145-level. f As for the day, support is placed at around 16,422 and then at 16,316 levels, while resistance is observed at 16,590 and then at 16,650 levels.

2 Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN Derivatives Snapshot f NIFTY50 opened higher on back of global cues and continued its positive momentum to close at all time high for the day. Nifty closed up by 165 point at 16,529 levels. Among the nifty stocks 30 advanced and `20 declined during the day. f Among sectors it was a mixed bag with FMCG, IT and Banks to gain by 0.9%, 1.3% and 0.6% respectively while Media and Pharma declined by 0.9% for the day. f Broader market indices remained flat with NIFTY 100, 200 and 500 to close up by 0.9% average while midcap indices and small cap indices declined by 0.4% average for the day. f Nifty Aug futures end with 12 point discount at 16,517 mark while on other hand, Bank Nifty Aug futures ended with the premium of 41 points at 36,211 mark. f Nifty has closed at all time high and we expect some profit booking from the pivot resistance of 16,680 levels The trend reversal levels would be placed at 16,150 levels which is the double bottom. Sectoral Activity: Amongst sectoral index Banks and FMCG remained in focus with positive momentum. Stock Activity: HDFC Bank and Tata Consumer have witnessed long buildup in today’s trade.

3 Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN Pivot Table Name LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 SENSEX 55,437 54,414 54,629 54,752 54,967 55,089 Nifty 50 16,529 16,254 16,309 16,342 16,398 16,431 NiftyBank 36,169 35,584 35,761 35,879 36,056 36,175 ADANIPORTS 704 694 699 705 710 715 ASIANPAINT 2,989 2,946 2,961 2,973 2,988 3,000 AXISBANK 760 748 753 758 763 768 BAJAJ-AUTO 3,826 3,720 3,745 3,761 3,786 3,802 BAJAJFINSV 14,318 14,034 14,187 14,284 14,437 14,534 BAJFINANCE 6,157 6,098 6,149 6,202 6,253 6,306 BHARTIARTL 637 611 617 623 629 635 BPCL 455 435 442 449 455 462 BRITANNIA 3,580 3,588 3,605 3,624 3,640 3,659 CIPLA 894 896 901 908 913 921 COALINDIA 144 142 143 145 146 148 DIVISLAB 4,949 4,846 4,877 4,904 4,935 4,962 DRREDDY 4,652 4,657 4,687 4,720 4,750 4,783 EICHERMOT 2,547 2,514 2,565 2,652 2,704 2,791 GRASIM 1,497 1,472 1,482 1,499 1,509 1,525 HCLTECH 1,119 1,055 1,076 1,089 1,109 1,122 HDFC 2,704 2,635 2,652 2,664 2,680 2,692 HDFCBANK 1,526 1,481 1,491 1,499 1,510 1,518 HDFCLIFE 671 662 668 672 679 683 HEROMOTOCO 2,772 2,760 2,772 2,786 2,798 2,813 HINDALCO 442 428 433 438 443 449 HINDUNILVR 2,405 2,358 2,375 2,394 2,411 2,430 ICICIBANK 705 690 695 699 705 709 INDUSINDBK 1,024 1,017 1,026 1,037 1,046 1,056 INFY 1,712 1,664 1,677 1,687 1,699 1,709 IOC 105 103 103 104 105 106 ITC 211 205 207 210 213 216 JSWSTEEL 749 735 742 748 755 761 KOTAKBANK 1,788 1,751 1,769 1,780 1,798 1,809 LT 1,668 1,566 1,595 1,611 1,640 1,656 M&M 779 761 768 782 789 802 MARUTI 7,002 6,927 6,970 7,027 7,070 7,127 NESTLEIND 18,270 17,986 18,060 18,154 18,228 18,322 NTPC 118 115 117 118 120 121 ONGC 116 114 115 116 118 119 POWERGRID 185 172 180 184 191 195 RELIANCE 2,146 2,093 2,102 2,114 2,123 2,135 SBILIFE 1,139 1,115 1,125 1,138 1,147 1,160 SBIN 431 422 425 428 430 433 SHREECEM 26,600 26,156 26,375 26,718 26,937 27,281 SUNPHARMA 778 770 774 778 782 786 TATACONSUM 807 758 766 771 779 784 TATAMOTORS 307 293 300 304 310 314 TATASTEEL 1,462 1,404 1,420 1,432 1,448 1,460 TCS 3,463 3,307 3,329 3,349 3,371 3,391 TECHM 1,383 1,289 1,338 1,366 1,415 1,443 TITAN 1,838 1,763 1,793 1,811 1,842 1,860 ULTRACEMCO 7,461 7,347 7,408 7,494 7,555 7,641 UPL 779 765 771 778 784 792 WIPRO 616 597 601 605 610 613

4 Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN Simple Moving Average Scrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK SENSEX 55,437 53,525 52,941 51,239 49,132 55,488 36,496 Nifty 50 16,529 16,017 15,865 15,346 14,586 16,544 10,790 NiftyBank 36,169 35,304 35,192 34,233 32,829 37,709 20,405 ADANIPORTS 704 687 720 736 624 901 312 ASIANPAINT 2,989 3,013 3,004 2,826 2,629 3,180 1,772 AXISBANK 760 746 748 726 688 799 400 BAJAJ-AUTO 3,826 3,831 4,018 3,927 3,725 4,361 2,822 BAJAJFINSV 14,318 13,810 12,837 11,671 10,199 14,925 5,400 BAJFINANCE 6,157 6,200 6,111 5,695 5,291 6,477 3,007 BHARTIARTL 637 576 550 543 533 639 394 BPCL 455 454 463 450 425 494 325 BRITANNIA 3,580 3,517 3,554 3,550 3,544 4,005 3,317 CIPLA 894 927 949 918 857 997 704 COALINDIA 144 144 148 142 138 165 110 DIVISLAB 4,949 4,888 4,588 4,229 3,891 5,045 2,985 DRREDDY 4,652 4,940 5,211 5,094 4,987 5,615 4,135 EICHERMOT 2,547 2,616 2,675 2,597 2,585 3,037 2,007 GRASIM 1,497 1,542 1,518 1,458 1,237 1,614 611 HCLTECH 1,119 1,029 999 977 945 1,124 677 HDFC 2,704 2,547 2,530 2,515 2,488 2,896 1,623 HDFCBANK 1,526 1,465 1,484 1,467 1,453 1,641 1,020 HDFCLIFE 671 670 684 681 676 746 556 HEROMOTOCO 2,772 2,811 2,891 2,901 3,051 3,629 2,674 HINDALCO 442 425 400 384 318 474 154 HINDUNILVR 2,405 2,375 2,412 2,392 2,318 2,534 2,000 ICICIBANK 705 685 659 630 583 717 334 INDUSINDBK 1,024 1,009 1,016 979 940 1,120 485 INFY 1,712 1,626 1,560 1,463 1,345 1,723 912 IOC 105 105 109 103 98 118 72 ITC 211 209 207 208 206 239 163 JSWSTEEL 749 731 708 671 523 777 239 KOTAKBANK 1,788 1,730 1,744 1,757 1,805 2,049 1,231 LT 1,668 1,612 1,552 1,475 1,379 1,677 843 M&M 779 762 779 786 772 952 568 MARUTI 7,002 7,127 7,257 7,027 7,214 8,329 6,270 NESTLEIND 18,270 18,035 17,779 17,407 17,393 18,844 15,100 NTPC 118 118 118 112 105 122 78 ONGC 116 116 119 114 103 129 64 POWERGRID 185 175 175 170 159 189 116 RELIANCE 2,146 2,091 2,130 2,060 2,032 2,369 1,830 SBILIFE 1,139 1,103 1,045 991 928 1,176 755 SBIN 431 432 428 399 348 467 176 SHREECEM 26,600 27,979 28,083 28,215 26,527 32,048 18,184 SUNPHARMA 778 742 701 675 623 804 452 TATACONSUM 807 768 754 703 638 811 459 TATAMOTORS 307 299 320 314 271 361 120 TATASTEEL 1,462 1,372 1,244 1,115 866 1,482 343 TCS 3,463 3,257 3,264 3,199 3,065 3,480 2,216 TECHM 1,383 1,207 1,124 1,057 997 1,395 663 TITAN 1,838 1,756 1,741 1,627 1,527 1,859 1,049 ULTRACEMCO 7,461 7,549 7,119 6,832 6,151 7,911 3,754 UPL 779 800 812 743 621 865 399 WIPRO 616 593 565 521 457 620 268

5 Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN Bulk Deals Snapshot Deal Date Scrip Code Company Client Name Deal Type* Quantity Price 13/08/2021 539528 AAYUSH VINIT KUMAR GUPTA B 51,397 29.05 13/08/2021 539528 AAYUSH PALLAVI MITTAL S 50,000 29.05 13/08/2021 539570 ACEWIN JESUDAS PREMKUMAR SEBASTIAN S 144,000 4.01 13/08/2021 542524 AIHL ACME INVESTMENT ADVISORS PRIVATE LIMITED S 80,001 22.00 13/08/2021 542524 AIHL RAJESH KUMAR JINDAL . B 79,999 22.00 13/08/2021 531991 AMRAAGRI JAYDEEPKUMAR PATEL B 700,000 .43 13/08/2021 530355 ASIANENE BALRAM CHAINRAI S 1,300,065 140.69 13/08/2021 530355 ASIANENE PARTH INFIN BROKERS PVT. LTD. B 194,922 142.14 13/08/2021 530355 ASIANENE PARTH INFIN BROKERS PVT. LTD. S 111,247 145.21 13/08/2021 530355 ASIANENE SVI CONSOLIDATED PRIVATE LIMITED B 220,939 142.55 13/08/2021 543236 ATAM KULBHUSHAN PARASHAR HUF B 21,000 41.00 13/08/2021 540956 BHATIA MIKER FINANCIAL CONSULTANTS PRIVATE LIMITED S 112,450 99.50 13/08/2021 541778 DEEP NNM SECURITIES PVT LTD B 77,153 126.72 13/08/2021 541778 DEEP NNM SECURITIES PVT LTD S 56,388 125.45 13/08/2021 541778 DEEP SUNCARE TRADERS LIMITED S 168,000 125.23 13/08/2021 542155 DGL SEEMA JAIN S 94,000 3.01 13/08/2021 516003 DUROPLY CUCKOO FISCAL SERVICES LIMITED S 44,537 93.73 13/08/2021 516003 DUROPLY KAILASHBEN ASHOKKUMAR PATEL S 38,406 94.44 13/08/2021 516003 DUROPLY ZAKI ABBAS NASSER B 75,000 93.70 13/08/2021 523732 ECOBOAR P SATYANARAYANA RAJU S 120,000 12.53 13/08/2021 523732 ECOBOAR N RANGA PRASAD B 100,000 12.53 13/08/2021 532467 HAZOOR BHUVNESHWARI VYAPAAR PVT.LTD B 58,955 19.65 13/08/2021 540134 IISL BHATIA VATSAL RITESH B 100,000 3.10 13/08/2021 526622 MFLINDIA RAVINDER KUMAR GUPTA B 2,100,000 .50 13/08/2021 526622 MFLINDIA SAAHIL THUKRAL S 5,200,000 .48 13/08/2021 526622 MFLINDIA SAAGAR THUKRAL S 7,200,000 .46 13/08/2021 526622 MFLINDIA SHARMILA BHALLA S 7,200,000 .47 13/08/2021 526622 MFLINDIA R SATHIAMURTHI S 39,380,908 .50 13/08/2021 526622 MFLINDIA PARESH DHIRAJLAL SHAH B 1,850,003 .50 13/08/2021 526622 MFLINDIA PARESH DHIRAJLAL SHAH S 2,490,086 .48 13/08/2021 526622 MFLINDIA TOPGAIN FINANCE PRIVATE LIMITED B 2,686,138 .49 13/08/2021 526622 MFLINDIA TOPGAIN FINANCE PRIVATE LIMITED S 2,686,138 .48 13/08/2021 526622 MFLINDIA ALPHA LEON ENTERPRISES LLP B 25,465,512 .48 13/08/2021 526622 MFLINDIA ALPHA LEON ENTERPRISES LLP S 10,046,734 .49 13/08/2021 539938 MIL JAYKUMAR JAYANTILAL SHAH S 60,356 48.45 13/08/2021 539938 MIL SAMIR ROHITBHAI SHAH B 90,000 48.45 13/08/2021 540198 OSIAJEE ACVC FOREX PRIVATE LIMITED S 50,074 38.91 13/08/2021 540198 OSIAJEE TURBOT TRADERS PRIVATE LIMITED S 55,000 38.01 13/08/2021 531726 PANCHSHEEL DARSHAN TRADING COMPANY B 32,959 112.09 13/08/2021 532911 PARLEIND PIL ENTERPRISE PRIVATE LIMITED S 108,340 8.97 13/08/2021 532092 SAGARPROD ANTIQUE SECURITIES PVT LTD. S 202,500 2.65 13/08/2021 539584 SIPTL VIJAY KUMAR B 278,000 1.51 13/08/2021 539584 SIPTL PARESH DHIRAJLAL SHAH B 1,150,000 1.51 13/08/2021 539584 SIPTL PARESH DHIRAJLAL SHAH S 1,646,931 1.51 13/08/2021 513305 TERRASCOPE AMARPREET WASAN S 102,766 2.46 13/08/2021 531411 TUNITEX ALPHA LEON ENTERPRISES LLP B 1,416,878 1.44 13/08/2021 531025 VISAGAR OLGA TRADING PRIVATE LIMITED B 256,832 1.45 *B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price 6 Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN

Monthly Economic Calendar

Date Country Event Period Survey Prior 16-08-2021 India India Wholesale Price Index Al JUL - 12.07 16-08-2021 United States US Empire State Manufacturing AUG - 43.00 17-08-2021 United States US Foreign Net Transactions JUN - -30.19 17-08-2021 United States US Treasury International Capi JUN - 105.33 17-08-2021 Canada Canada Mortgage and Housing Co JUL - 282.07 17-08-2021 United States Adjusted Retail & Food Service JUL 0.00 0.60 17-08-2021 United States Adjusted Retail Sales Less Aut JUL 0.00 1.30 17-08-2021 United States Adjusted Retail Sales Less Aut JUL 0.00 1.10 17-08-2021 United States Retail Sales Less Food Service JUL 0.00 1.10 17-08-2021 United States US Capacity Utilization % of T JUL 0.00 75.38 17-08-2021 United States US Industrial Production Indus JUL - -0.10 17-08-2021 United States US Industrial Production MOM S JUL 0.00 0.44 17-08-2021 United States National Association of Home B AUG - 80.00 17-08-2021 United States US Manufacturing & Trade Inven JUN - 0.50 19-08-2021 United States Philadelphia Fed Business Outl AUG - 21.90 19-08-2021 United States Conference Board US Leading In JUL - 0.70 23-08-2021 United States US Existing Homes Sales MoM SA JUL - 1.38 23-08-2021 United States US Existing Homes Sales SAAR JUL - 5.86 24-08-2021 United States Richmond Manufacturing Survey AUG 20.73 27.00 26-08-2021 United States Kansas City Federal Reserve SA AUG - 30.00 30-08-2021 United States Dallas Fed Manufacturing Outlo AUG 31.91 27.30 31-08-2021 United States FHFA US House Price Index Purc JUN 1.67 1.70 31-08-2021 United States S&P CoreLogic Case-Shiller 20- JUN 1.60 1.81 31-08-2021 United States S&P CoreLogic Case-Shiller 20- JUN 16.08 16.99 31-08-2021 United States S&P CoreLogic Case-Shiller 20- JUN - 262.70 31-08-2021 United States Conference Board Consumer Conf AUG 123.56 129.10

7 Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN

Corporate Actions Company Name Ex-Date Purpose AVT Natural Products Limited 17-Aug-21 Annual General Meeting/Dividend - Rs 0.40 Per Share Novartis India Limited 17-Aug-21 Dividend - Rs 10 Per Share Borosil Limited 17-Aug-21 Annual General Meeting/Dividend - Re 1 Per Share 3P Land Holdings Limited 17-Aug-21 Annual General Meeting Privi Speciality Chemicals Limited 17-Aug-21 Annual General Meeting Everest Industries Limited 17-Aug-21 Annual General Meeting/Dividend - Rs 7.50 Per Share Thangamayil Jewellery Limited 17-Aug-21 Annual General Meeting/Dividend - Rs 4 Per Sh Privi Speciality Chemicals Limited 17-Aug-21 Dividend - Rs 2 Per Share Elgi Rubber Company Limited 17-Aug-21 Annual General Meeting D-Link (India) Limited 18-Aug-21 Annual General Meeting/Dividend - Rs 1.80 Per Share 3M India Limited 18-Aug-21 Annual General Meeting

Result Calendar Company name Board Meeting Date Purpose BF Investment Limited 20-Aug-21 Financial Results BF Utilities Limited 20-Aug-21 Financial Results ARSS Infrastructure Projects Limited 21-Aug-21 Financial Results GVK Power & Infrastructure Limited 24-Aug-21 Financial Results Tamilnadu Telecommunication Limited 25-Aug-21 Financial Results/Other business matters

8 Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN

Guided Allocation Towards Research Products Product Max. Allocation Number Frequency Call Duration Allocation (%) in 1 stock (%) of Calls Trading Products Intraday 30 25-30 3-4 stocks Daily Daily Positional Calls/weekly calls/BTST 30 15-20 6-7 stocks Weekly Fortnightly TradEdge 15 25-50 2 stocks Fortnightly Monthly Option Strategies 15 10-20 2 stocks Weekly Weekly Cash 10 Total 100

Product Max. Allocation Number Frequency Call Duration Allocation (%) in 1 stock (%) of Calls Investment Products Rsec Model Portfolio 25 10 8-10 stocks Monthly Half Yearly Stock In Focus 25 5 1 stock Daily Quarterly Fundamental Calls 25 5 10 Quarterly Yearly Initiating Coverage 20 10 As and When Yearly Cash 5 Total 100

9 Institutional Equity Research NIFTY 16529 IN FOCUS August 16 2021 Support 16422 Stock in Focus CERA MARKET LENS 16316 Intraday Pick ASHOKLEY Resistance 16590 Intraday Pick BPCL 16650 Intraday Pick SBIN

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