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Tuesday, 31 January 2017

NIFTY BELOW 8600; WARRY AHEAD OF UNION BUDGET

TO GET LIVE STOCK FUTURE CALLS GIVE A MISSED CALL ON 08030636442
Technically, Analysis would remain same. Indian Stock Market is still in positive zone but seen some choppiness today ahead of Union Budget. it continues to trade sideways in a narrow intra-day range between 8,580 and 8,640 levels. Nifty is also trading sideways in a narrow range. The market breadth is biased towards declines. Domestic indices turned cautious on today ahead of Budget 2017 after a strong rally in the previous week. Nifty Only a strong fall below the immediate support level of 8,550 will be a cue for initiating fresh short positions with a fixed stop-loss. Next key supports are at 8,530 and 8,500 levels. Key resistance beyond 8,650 is in the band between 8,690 and 8,750. Subsequent resistance is placed at 8,720 levels.
it sector in red
IT sector cracked during the day after on visa fears as the H1B visa bill was introduced in the House of Representatives. Nifty IT ended 3.2% lower, becoming the worst performing sectoral index. The index saw the biggest intra-day loss today since January 6. It shed 5.8% this month. All the IT stocks were trading in red, with TCS dragging the pack, down 4.6%. Tech Mahindra, HCL Tech, Wipro and Infosys fell between 2-4.3%.
Union Budget
The Union Government is then due to present its 2017/18 Budget on Wednesday, less than three months after Prime Minister Narendra Modi's bold and risky gamble to outlaw high-value old currency notes. Sentiment remained conspicuously cautious as investors preferred to reduce their positions ahead of the Union Budget tomorrow.
A subdued trend in Asia coupled with a decline on the Wall Street after President Donald Trump’s controversial crackdown on immigration and his plans to overhaul work-visa programmers dampened the domestic sentiment.
Economic Survey
The Economic Survey, presented in Parliament by Union Finance Minister Arun Jaitley projected the growth in 2017-18 to be 6.5% for the current fiscal, down from 7.6% recorded in the last financial year, but is expected to rebound in the range of 6.75-7.5% in 2017-18

Monday, 30 January 2017

LONG UPL FUTURE FOR 31 JAN 2017

“BUY UPL ABOVE 744 TGT 755/765 SL 732”
READ MORE TO KNOW TECHNICAL BASIS :
Primary trend of the stock is bullish and it may consolidating NEAR  the 1150 level .It is expected to continue the bull run with the crossing of the resistance level of 1155, as the stock is sustaining above its 200 and 50&22 days moving averages with 55 RSI. One may initiate the long position above the mentioned level for the targets of 1175,1200 and with the strict stop loss of 1120.
NIFTY  down 13 points market warry ahead of Union Budget
The Nifty started the week on a negative note with a gap-down opening at 8,645 levels. There after it continues to trade sideways in a narrow intra-day range between 8,636 and 8,666 levels. Nifty is also trading sideways in a narrow range. The market breadth is biased towards declines. Domestic indices turned cautious on Monday ahead of Budget 2017 after a strong rally in the previous week. Traders with a short-term perspective should desist trading in the Nifty February futures contract as long as it trades in the band between 8,636 and 8,670.Only a strong fall below the immediate support level of 8,636 will be a cue for initiating fresh short positions with a fixed stop-loss. Next key supports are at 8,620 and 8,600 levels. On further slump below 8,600, the contract can test supports at 8,580 and 8,550 levels. Key resistance beyond 8,670 is in the band between 8,690 and 8,700. Subsequent resistance is placed at 8,720 levels.
TOP GAINERS:   Idea, Bharti Airtel, Sun PharmaGrasim and Dr Reddy
TOP LOSERS:   Infratel, Aurobindo Pharma, Tata Motors and Tata Steel 

Friday, 27 January 2017

BUY STAR FUTURE FOR WEEKLY HOLDING 30 JAN-03 FEB 2017

“BUY STAR ABOVE 1155 TGT 1175/1200 SL 1120”
read more to know technical basis :
Primary trend of the stock is bullish and it may consolidating NEAR  the 1150 level .It is expected to continue the bull run with the crossing of the resistance level of 1155, as the stock is sustaining above its 200 and 50&22 days moving averages with 55 RSI. One may initiate the long position above the mentioned level for the targets of 1175,1200 and with the strict stop loss of 1120.
Nifty posts biggest weekly gain in 8 months
Markets opened on a bullish note on Friday with the major indices soaring in early hours. Sensex closed at 27882levels, up by 174.32 points or 0.63%. Niftyclosed at 8641, up by 38.5 points or 0.45%. Nifty hovered around the all-crucial 8650 level before closing below it.
The Nifty retains its bullish momentum. The contract opened with a wide gap-up at 8,649 and rose to a high of 8,695. It is below the psychological 8,700-Mark. Whether the nifty breaks above 8,700 or not will decide the move for the rest of the sessions. A strong break above 8,700 will see the up-move extending to 8,730 or 8,760. Short-term traders with high

Wednesday, 25 January 2017

LONG ZEEL FUTURE FOR 27 JAN 2016

“BUY ZEEL ABOVE 505 TGT 520/530 SL 490”
FOR LIVE MARKET OR BUDGET SESSION CALLS  
 08030636442
         The market has seemingly recovered from the demonetization gloom with Nifty ending above its crucial 8,600-mark for the first time since November 01. The positive rollovers to February series contributed to the gains. Technically, It opened with a gap-up above the psychological 8,500 mark and rose to a high of 8,606. The outlook remains bullish. Strong near-term support is at 8,490. As long as the nifty trades above this support, a rise to 8,550 or even 8,700 is likely in the coming sessions well ahead of the Union Budget next week. Short-term traders can go long at current levels. Accumulate longs on dips near 8,500. Keep the stop-loss at 8,480 for the target of 8,600.Outlook for the contract will turn negative only if it declines below 8,490 decisively. The next targets will be 8,450 and 8,430. But such a strong break and fall below 8,490 looks unlikely at the moment.
                        Expect Union Budget, due on February 1, to provide incentives to some sectors to help support economic growth.  So on upside first intra resistance are at 8610,8622,8650,8675. On downside first support is at 8490 level. Next support are at 8470,8445,8420,8380.
TOP GAINERS:  Kotak Bank, Bosch Ltd., Zeel, HDFC, Yes Bank, Adani Ports, Axis Bank,
TOP LOSERS:  Bharti Airtel, Wipro, Tech Mahindra, Reliance, Idea, Gail, HCL Tech



Tuesday, 24 January 2017

TRADE IDEA ON WOCKPHARMA FUTURE

“BUY wockpharma ABOVE 690 TGT 720/750 SL 650”
TECHNICAL BASIS FOR ABOVE CALL :
Primary trend of the stock is bearish., After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 700 as the stock is managing to sustain above the level of 700. One may get the targets of 730,750 in the stock with the stop loss of 650. 55 and 200 EMA act as a resistance breakout levels with RSI 50.
Market at over two-months high; Nifty close above 8450
Markets end on an extremely bullish note with the Sensex closing at 27375 levels up by 258.24 points or 0.90% and Nifty closing at 8475 levels up by 84.3 points or 1% and only 7 Nifty stocks closed in red.  Technically, The Nifty  opened with a gap-up at 8,421 and rose to an intraday high of 8,450. However, it is currently coming-off from the day’s high. Immediate support is at 8,422 which can be tested, but a break below it looks less probable.

Monday, 23 January 2017

NIFTY TAKES SUPPORT AT 200 DMA

As expected the markets faced strong hurdle at the Bearish Gap between Nifty 8460-8510 and retraced. After three weeks of upward movement, some consolidation was to be expected and it happened. Both the indices have taken support at the Bullish Gap Nifty 8322-8293. Interestingly even the long term average of 200dma falls in this Gap, which makes it a very strong support. The current market movement is in a narrow range defined by the two above mentioned Gaps.
                                Technically,Nifty may see downtrend till 8280 levels where it would cover the gap that was left few days ago. This downtrend is good for the market before Union Budget as it suggests low expectation from Budget. The more the downfall, better it is, as any positive announcement in Union Budget would result in more stable positive rally. For now, traders can go short at every positive rally and investors can accumulate stocks of blue chip stocks at every downfall. So on upside first intra resistance are at 8450,8475,8494,8520. On downside first support is at 8380 level.Next support are at 8351,8320,8300,8250.
RESULT TOMORROW: Bharti airtel, Biocon,HDFC bank, zeel, wockpharma, tvsmotor
TOP GAINERS:  Zee Entertainment, Hindalco, Grasim, HCLTech and GAIL
TOP LOSERS:   ICICI Bank, Dr Reddy, Axis Bank, Infratel and LT

Friday, 20 January 2017

WEEKLY TECHNICAL VIEW ABOUT RELIANCE

YESTERDAY’S RECOMMENDATION UPDATE:

SIEMENS ROCKS HIT TGT 1155 MADE LOW OF 1151
 SELL GIVEN AT 1179
LOT SIZE: 500
TOTAL PROFIT: 28000 IN JUST 2 LOT
 “SELL RELIANCE BELOW 1025 TGT 1000-980 SL 1055”
TECHNICAL BASIS FOR ABOVE CALL :
RELIANCE,  is forming a reversal pattern in short term charts, it is likely to show correction with the breach of the support level of 1025, where one may initiate the short position in it for the targets of 1000/980, while stop loss can be placed at 1055. One can expect selling the stock if it breaks its major support at 200 EMA. Then stock can be reached at 980.It is trading BELOW 50&22 with the RSI of 40.



Thursday, 19 January 2017

SELL SIEMENS FUTURE FOR 20 JAN 2016

SELL SIEMENS BELOW 1179 TGT 1155 SL 1205”
TECHNICAL BASIS FOR ABOVE CALL :
SIEMENS, is in bull run and is forming a reversal pattern in short term charts, it is likely to show correction with the breach of the support level of 1179, where one may initiate the short position in it for the targets of 1150, while stop loss can be placed at 1205. 200 EMA seen as a support level (1179). One can expect further selling the stock if it breaks its major support at 200 EMA. Then stock can be reached at 1150.It is trading above 50&22 with the RSI of 61
Technically, Indian Stock Market is still in positive zone. Market would continue to consolidate as of now. BankNifty would remain stronger than other major indexes. Some profit booking can be seen but sharp downfall is not expected till Union Budget due to higher expectations. one big swings would be seen in the market tomorrow. Traders can still hold long positions until Market holds 8366 levels for Nifty and 18952 levels for BankNifty on closing basis. Once Nifty closes below 8366 levels . then traders can initiate fresh short positions until then every dip is an opportunity for traders to go long in the market.
                     So on upside first intra resistance are at 8475,8495,8520,8550. On downside first support is at 8380 level.Next support are at 8366,8320,8300,8250.

Wednesday, 18 January 2017

TRADE IDEA ON MINDTREE FUTURE FOR 18 JAN 2017

“BUY Mindtree ABOVE 502 TGT 515/530 SL 485”
Primary trend of the stock is bullish and it may consolidating NEAR  the 500 level .It is expected to continue the bull run with the crossing of the resistance level of 502, as the stock is sustaining above its 200 and 50&22 days moving averages with 50 RSI. One may initiate the long position above the mentioned level for the targets of 515 and with the strict stop loss of 530.
RESULT ON 19-JAN-2017 Midcap IT company Mindtree  third quarter profit is seen rising 11.8 percent sequentially to Rs 106 crore but dollar revenue may remain unchanged at USD 193 million, according to average of estimates of analysts . Revenue in rupee terms may increase 0.5 percent to Rs 1,303 crore in December quarter compared with Rs 1,295.4 crore in previous quarter. Operating profit during the quarter is expected to rise moderately to Rs 166 crore from Rs 162.1 crore and margin may expand to 12.7 percent from 12.5 percent on sequential basis due to absence of wage and restructuring related costs.
Reversal To Be Seen Only If Nifty Closes Below 8351   
Technically, Indian Stock Market is still in positive zone. Market looks to be overstretched

Tuesday, 17 January 2017

YESTERDAY’S RECOMMENDATION UPDATE:

UPL ROCKS HIT TGT 720 MADE HIGH OF 736.90
 BUY GIVEN AT 706
LOT SIZE : 1200
TOTAL PROFIT : 37080 IN JUST 1 LOT

Monday, 16 January 2017

Check out Technical Report and Trading Call on UPL Future for Tomorrow

“BUY UPL ABOVE 706 TGT 720 SL 690”
TECHNICAL Basis for above call :
Primary trend of the stock is bullish and it may consolidating at the higher level .It is expected to continue the bull run with the crossing of the resistance level of 706, as the stock is sustaining above its 200 and 50&22 days moving averages with 65 RSI.One may initiate the long position above the mentioned level for the targets of 720 and with the strict stop loss of 690.
         Technically, Indian Stock Market is still in positive zone. For now, market would consolidate until Nifty breaches levels of 8450 on closing basis. Some profit booking can ruled out at this point of time as Nifty to face immediate resistance at 8460-8500 and Nifty would see trend reversal at 8351 levels. If Nifty closes below 8351 levels then traders can initiate fresh short positions. For now, traders can hold long positions with strict closing stoploss of 8351 for Nifty levels.
                                  So on upside first intra resistance are at 8450,8460,8484,8500. On downside first support is at 8380 level.Next support are at 8351,8320,8300,8250.
TOP GAINERS:  Adani Port, Idea, Tata Steel, Tata Motors, SBI and Bosch Limited
TOP LOSERS:  HCL Tech, Infosys, Eicher Motors, Tata Power and Sun pharma


Friday, 13 January 2017

WEEKLY TECHNICAL ANALYSIS OF ARVIND FOR 16-20 JAN 2017

“BUY arvind ABOVE 375 TGT 388/395 SL 362”
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>
After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 375 as the stock is managing to sustain above the level of 375. One may get the targets of 388,395 in the stock with the stop loss of 392.22&55 and 200 EMA act as a support levels with RSI 60.
MARKETS FLAT, NIFTY STRUGGLES NEAR 8,400
Sensex opened the week at 26741, made a high of 27257, low of 26711 and closed the week at 27218. Thus it closed the week with a gain of 459 points. At the same time the Nifty opened the week at 8266, made a high of 8457, low of 8241 and closed the week at 8420. Thus it closed the week with a gain of 152 points. Technically,Nifty would see strong support at 8380-8355-8335-8300-8280/8250 whereas strong resistance would be seen at 8455-8478-8500-8525-8544-8600 levels.



Thursday, 12 January 2017

TRADE IDEA ON INFY FUTURE FOR 13 JAN 2017

YESTERDAY’S RECOMMENDATION UPDATE:
As we have predicted tcs opened on higher note at 2436, then our call is executed later & achieved tgt 2355
“BUY INFY ABOVE 1008 TGT 1018/1030 SL 995”
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>
After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1008 as the stock is managing to sustain above the level of 1000.200 EMA act as  resistance level at 1050. It may give breakout( 1050) in upcoming sessions. And 22&55 EMA act as support levels at 995,985.  As the stock is sustaining above its 22&55 days moving averages with the RSI 55. One may get the targets of 1030,1050 in the stock with the stop loss of 985.
Indices settled the day higher amid choppy trade led by gains in the IT index after Donald Trump did not announce any stringent rules for H1B visa. It was a third consecutive upbeat day for the Indian markets. After heightened volatility, Nifty closed moderately higher at crucial 8407. Technically, The outlook is bullish for the Nifty. Traders can make use of intra-day dips to buy the Nifty with a stop-loss at 8,250 levels. The contract can resume its up move and test resistance at 8,450 levels. An emphatic breakthrough of 8,450 can push the contract higher to 8,500 and then to 8,600 levels in the short term. On the other hand, a

Wednesday, 11 January 2017

TRADE IDEA ON TCS FUTURE FOR 12 JAN 2017

BUY TCS ABOVE 2330 TGT 2355/2395 SL 2300
SELL TCS BELOW 2280 TGT 2250/2230 SL 2310
After showing correction from the 200 EMA on daily chart, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 2330 as the stock is managing to sustain above the level of 2330. One may get the targets of 2355,2395 in the stock with the stop loss of 2300. Tata Consultancy Services Ltd is currently trading at Rs 2320, up by Rs 10.85 or 0.5% from its previous closing of Rs 2309.15 on the NSE. The IT Company will announce its Q3 results on Jan 12, 2017. revenue may grow 1 percent to Rs 29,577 crore in Q3.
Market Still In Positive Momentum, Hold Long trade For Now   
Indian Stock Market would open positive. Technically, Market is still in positive zone and traders can hold long positions for now. Nifty is forming double bottom pattern and close above 8350 would confirm the pattern that would open Nifty target for 8500-8600 levels. BankNifty is also in positive momentum and may see targets of 19000 breaching soon. BankNifty close above 18800, its next target would open for 19000/19200 levels. Overall, traders should continue to hold long positions with strict stoploss of 8250 for Nifty and 18500 of BankNifty on closing basis.
         So on upside first intra resistance are at 8400,8425,8467,8499. On downside first support is at 8147 level.Next support are at 8250,8210,8155,8120.
TOP GAINERS:  Hindalco, Coal India and Bank of Baroda, IndusInd Bank
TOP LOSERS:  Bajaj Auto, HCL Tech, RIL and ITC 

Tuesday, 10 January 2017

MARKET IN POSITIVE ZONE, GO LONG AT DIPS WITH A STOP-LOSS AT 8,230

After a narrow sideways rangebound move on Monday, the Nifty seems to be gaining momentum slowly. Resistance at 8,300 is however restricting a further rise at the moment. A strong break above this hurdle is needed for the index futures to extend its upmove. Such a break can take the contract higher to 8,325 or even 8,360.Price action on the intraday chart suggests an absence of strong sellers below 8,250. This keeps the possibility open for a break and rise above 8,300 in the coming sessions. Short-term traders with high risk appetite can go long on dips near 8,260 with a stop-loss at 8,230 for the target of 8,315. Revise the stop-loss higher to 8,275 as soon as the contract moves up to 8,295.The outlook would turn negative only if the contract declines below 8,240. The next targets are 8,220 and 8,200. 
                                    Technically, Market is in positive zone and traders can go long at dips for now. Market would see sideways movement as of now. Upcoming week is full of events like results of IndusInd Bank, Infosys and TCS. Macro Economic data like November Factory Data and December Retail Inflation would also be disclosed this week.
                                     Nifty would see strong support at 8250-8220-8150-8100 whereas strong resistance would be seen at 8300-8322-8357-8399 levels.
TOP GAINERS:  Tata motors, Adani Ports, Tata Steel, Asian Paints, HDFC Bank,
TOP LOSERS:  Tech Mahindra, TCS, HCL Tech, Infratel, Infosys 


Monday, 9 January 2017

WEEKLY RECOMMENDATION UPDATE:

STAR HIT ALL HIT TGT 1150 MADE HIGH OF 1173.70
                                     
 BUY GIVEN AT 1100
LOT SIZE :500
TOTAL PROFIT : 50000 IN JUST 2 LOT

Friday, 6 January 2017

WEEKLY TECHNICAL ANALYSIS OF STAR FOR 09-13 JAN 2017

WEEKLY RECOMMENDATION UPDATE:
UPL HIT ALMOST ALL TGT 680 MADE HIGH OF 677 .50 GIVEN BUY AT 655
LOT SIZE :1200
TOTAL PROFIT : 54000 IN JUST 2 LOT
“BUY STAR ABOVE 1100 TGT 1125/1150 
SL 1070”
After showing correction from few sessions , now stock is trading in long term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1100 as the stock is managing to sustain above the level of 1110. One may get the targets of 1125,1150 in the stock with the stop loss of 1070. Healthcare company Strides Shasun   shares jumped more than 4 percent intraday Friday on acquisition of USFDA approved API (active pharmaceutical ingredients) facility in India.
go long at every dIP with  stop-loss at 8,250       
Technically, Traders can go long at every dip in the market with strict stoploss at 8250 levels on closing basis. Traders should note that this positive rally is for very short term but for now traders can go long at every dip in the market until market again see reversal. On the other hand, if the nifty reverses lower from 8,250 a corrective fall to 8,200 or 8,150 is

Wednesday, 4 January 2017

TRADE IDEA ON UPL FUTURE FOR 05 JAN 2017

“BUY UPL ABOVE 665 TGT 675/685 SL 650”
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>
After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 665 as the stock is managing to sustain above the level of 650. as the stock is sustaining above its 22&55 days moving averages with the RSI 55.One may get the targets of 680,700 in the stock with the stop loss of 650.
SENSEX FLAT;NIFTY FAILS TO CLOSE ABOVE 8200          
The Sensex and Nifty ended flat as positive sentiment from upbeat global economic data was offset by caution ahed of corporate results starting later this month and the government's annual budget in early February. Technically, After recording an intra-day high at 8,223, the contract began to experience selling pressure and turned volatile. It fell below the immediate support level of 8,200 and marked an intra-day low at 8,187 levels. The Nifty  is also volatile and is moving sideways. The advances/declines ratio is slightly biased towards advances.
                    Traders with a short-term perspective should tread with caution as long as the contract trades in the band between 8,190 and 8,220.A strong rally beyond 8,220 will strengthen the bullish momentum and push the contract higher to 8,240 and 8,250 levels. But a decisive fall below 8,190 can bring back selling pressure and pull the contract down to 8,175 and 8,150 levels in the near term.

Tuesday, 3 January 2017

SHORT NIFTY BELOW 8100;UNTIL THEN HOLD LONG POSITIONS

PREVIOUS RECOMMENDATION UPDATE:

zeel hit tgt 460 made high of 461.25 call given on 28 dec 2016
yesbank hit tgt 1165 made high of 1175 call given on 29 dec 2016
Sensex ended with a gain of 48 points at 26,643. It opened at 26,616, touched an intra-day high of 26,724 and low of 26,488.The Nifty closed with a gain of 13 points at 8,192. It opened at 8,196, hit a intraday high of 8,219 and low of 8,149. Technically, analysis would remain same and Indian Stock Market is still in positive zone. Market would enter into negative zone once Nifty closes below 8100 levels for Nifty and 17906 levels for BankNifty. Traders can initiate fresh short position once market closes below these levels. Market has consolidated for long time and now there are strong possibility of a breakout or breakdown in upcoming days. Once Nifty closes below 8100 levels and BankNifty closes below 17906 levels, then market would see a sharp breakdown. So traders can hold long positions only till Nifty and BankNifty hold these levels by closing.
TOP GAINERS:  Power Grid, Coal India, BHEL, Yes Bank, Axis Bank, Zee, Gail,ICICI Bank 
TOP LOSERS:  Bharti Airtel, Idea Cellular, Hero MotoCorp, Tata Motors, UltraTech Cement 



Monday, 2 January 2017

TRADE IDEA ON TATACHEM FUTURE FOR 03 JAN 2017

BUY TATACHEM 513 TGT 520/526 SL 505
Sensex ended with a loss of 31 points at 26,595. The Sensex opened at 26,711 touched an intra-day high of 26,721 and low of 26,447.The Nifty closed with a loss of a mere six points at 8,180. The Nifty opened at 8,210 hitting a high of 8,212 and low of 8,134.          
Technically, The Nifty started the session on a positive note at 8,215 with a gap-up at the open. However, the contract started to decline, experiencing selling pressure. Asian markets are trading on a mixed note. The Nikkei 225 is down 30 points at 19,114 and the Hang Seng index is up 209 points at 22,000 levels. The Nifty 50 advances/declines ratio is biased towards advances. Traders with a short-term perspective should desist from trading as long as the contract trades in the band between 8,150 and 8,200. A strong break through 8,200 is required to bring back bullish momentum. In that case, traders can initiate fresh long positions with a fixed stop-loss of 8150.
            The next key resistances are at 8,225 and 8,240 levels. On the other hand, a decisive slump below 8,150 will strengthen the selling pressure and drag the contract down to 8,130 and then to 8,100 levels.
TOP GAINERS:  Ambuja Cement, UltraTech Cement, Tata Steel, M&M, Eicher Motors,
TOP LOSERS:  HDFC, Bank of Baroda, SBI, IndusInd Bank, ICICI Bank and Bajaj Auto