INVESTMENTZ

*Acmiil Positional Call*: Book Profit in *TATAPOWER* at Rs.446-447 Buy call given at Rs.418-422

*Acmiil Positional Call*: Book Profit in *TATAPOWER* at Rs.446-447 Buy call given at Rs.418-422

*Acmiil Positional Call*: Buy *ASHOKEY* at Rs.245-247 and on dips near 238-240 Stop loss 229 on closing basis, Target 265-284

*Market Updates:* Asian Markets :Mixed, *Nifty Trading Levels Pivot:* 24882 , S1 - 24807 , S2 - 24678 , S3 - 24603 , R1 - 25012 , R2 - 25087 , R3 - 25216 *Bank Nifty Trading Levels: Pivot :* 50893 , S1 - 50594 , S2 - 50070 , S3 - 49771 , R1 - 51417 , R2 - 51717 , R3 - 52241 *Securities in Ban* For Trade Date 10-SEP-2024: ABFRL BALRAMCHIN BANDHANBNK BIOCON CHAMBLFERT HINDCOPPER RBLBANK

*USD/INR Spot* {Spot Ref: 83. 94 Expected Opening} *News/Data*: The first US Presidential debate is slated today and this is a big Event Risk for the Risk Assets markets especially Equities. According to Goldman Sachs research, the US could see federal statutory domestic corporate tax rate declining from 21% to 15% [with the Trump position] and would arithmetically boost S&P 500 earnings by about 4%; a big repricing of forward P/E. A tax hike scenario in which the rate rises to 28% [the Harris position] would reduce earnings by about 5%; a big re-rating. The FX market is so far consolidating ahead of the debate and the US CPI inflation data release tomorrow which should be the final arbiter for a 25 or 50 bps cut for the FED next week. *Price Action & Technicals*: For the USD/INR, the Long Term Objective was a move into the 83.90/84.10 areas [Note: we are seeing substantial Resistance around these levels but not yet a big sell-off indicating persistence of Bulls]. For the Medium-Term/Short-Term, the pair was broadly tucked into a Range between 83.45 and 84.10 levels in many sessions of dull trading. *Intraday*: No Change again. Outlook is again Flat “Sideways” again for most of this week. Support Intraday is at 83.84 {Intraday Buying Areas}. Resistance is at the 84.02/04 {Intraday Selling Areas} levels. [Note: Substantial intervention by the RBI can keep the pair even in a thinner Range post Opening as was the case the last few days/weeks]

*Acmiil Smart Delivery Trade*: Buy *UDS* at Rs. 388-392 add more if 378-382 comes Stop loss 360 on closing basis, Target 420-450

*Acmiil Positional Call*: Buy *TATATECH* at Rs. 1090-1095 and on dips near 1050-1055 Stop loss 1018 on closing basis, Target 1180-1250

*Acmiil Positional Call*: Book profit in *JIOFIN* at Rs. 357-358 Buy call given at Rs. 331.5-341.5

Acmiil Smart Delivery Trade: Book profit in ZAGGLE at Rs. 362 buy call given at Rs. 339.5-348.5

Acmiil Positional Call: Buy TATATECH at Rs. 1090-1095 and on dips near 1050-1055 Stop loss 1018 on closing basis, Target 1180-1250

Acmiil Positional Call: Square off LATENTVIEW at Rs. 458-462 Buy call given at Rs. 480-498

Acmiil Positional Call: Book profit in HINDUNILVR at Rs.2920-2930 Buy call given at Rs.2720-2740

Acmiil Smart Delivery Trade: Buy ANUP at Rs. 2150-2170 add more if 2050-2070 comes Stop loss 1980 on closing basis, Target 2400-2700

Acmiil Positional Call:Stop loss triggered in BEL at 280 Buy call given at Rs. 291.5-299.5