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Equity Premium Daily Journal

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Sebi Reg. No.:- INH000003358

Monday, 9th
October 2017

NIFTY 50 9988.75 9.05 0.09

SENSEX 31846.89 32.67 0.10

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Market Wrap Monday, 9th October 2017

Closing Commentary: Market continues to trade with a positive bias


In todays trade, markets con nued its upward momentum as broader markets
outperformed. Realty stocks shimmered as Shoba developers reported highest
pre-sales in the last 10 quarters.

Ni y and Bank Ni y Index ended in green pos ng ~0.16%/~0.34 gains. Ni y/ Bank


futures contract con nued to add fresh open interest to the tune of ~4.25/1.07 lakh shares, mainly long posi ons. Since
the start of October expiry Ni y futures has added ~43 lakh shares in open interest i.e an increase of ~21%, while the
underline price have moved up by ~2%, indica ng a forma on of long posi ons.

Tracking the op ons front, Ni y 10000CE & 9800PE con nue to remain the maximum open interest strikes. Long buildup
was seen in Ni y 10000CE as fresh open interest to the tune of ~3.66 lakh shares were added, while all the out the money
put op ons strikes remained under selling pressure on account of fresh put wri ng.

Ni y: +9 points @ 9988.
Bank Ni y: +61 points @ 24251
Top 2 F&O Gainer: SRF, IDFC.
Top 2 F&O Loser: JP ASSOCIATES, Adani Ent.
Most Ac ve Index Op on Contract:
Call Op on: 10000CE, O.I: ~3Lakh shares
Put Op on: 10000PE, O.I: ~10 lakh shares
Ni y Max O.I Strikes: 10000CE, 9800PE
Bank Ni y Max O.I Strikes: 24600CE, 24000PE (12th Oct 2017 Expiry).

Buzzing Stocks
Closing Bell: Gainers: Dr.Reddys (+1.5%), Coal India, HUL (+1%). Losers: ONGC , Power Grid (-2%).
Ni y Realty Index up 2%. Sobha (+17%), Pres ge (+4%), Indiabulls Real Estate (+3%).
Reliance Capital stock gains 3.5% as general insurance arm les for IPO.
ONGC may sell some IOC, GAIL shares for HPCL acquisi on, as per media reports.
SPARC stock falls 6% as phase III study of Baclofen GRS fails to meet end points.
Tata Teleservices stock tanks 14% on reports that the company is likely to wind down opera ons in phases, and had
discussions with the govt.
Marksans Pharma gets clearance from USFDA for Goa unit. Stock advances 3%.
LT Foods stock spurts over 4% on launching rice-based snacks.
JSPL gets Rs 1,121 Cr on divestment of oxygen plant assets at Angul & Raigarh units. Stock zooms 4%.
Jewellers stocks gain as norms for buying jewellery above Rs 50,000 relaxed. TBZ, Thangamayil Jewellery (+5%),
Titan (+3.5%), Gitanjali (+4%).

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Market Action Monday, 9th October 2017

4:30 PM 4:28 PM
Realty & Tech stocks surge Indian stocks close on a at not
Shares of Realty & Tech Companies move Indian markets close on a at note; Nifty at
up ; Gainers: Coal India (+1.86%)Tech 9988, no major movement seen.
Mahindra(+1.41%).

2:50 PM 2:46 PM
Jewellery stocks gains as jewellery LT Foods Gains On Launching Rice-
norms are relaxed Based Snacks
Shares of Jewellery Companies such as Shares of LT Foods has risen by ~4%, after
TBZ, Titan, Gitanjali Gems has gone up by the company launched premium rice based
~3.5%, after the government relaxed norms snacks
for buying gold jewellery above Rs 50,000.

11:26 AM 11:24 AM
Sobha Ltd Surges As Sales Rise In Q2 Zee Entertainment accquires 9x media
Shares of Zee Entertainment witnessed an
Shares of Sobha Ltd have gone up
uptick of ~2%, after it acquired 100 % stake
by ~6%, after the sales volume was up in two media entities 9X Media and INX
5.6% compared to previous quarter. Music for Rs 160 crore.

10:44 AM 10:29 AM
FMCG & Bank stocks surge Indian markets open on a strong note
Shares of FMCG & Bank companies have Shares of Indian markets have opened on
moved up. Energy stocks drop. Colgate strong note. Nifty breaches the 10K mark,
Pal (+1.79%) ICICI Bank ( +1.09%) moves up by 22 pts.
HPCL (-1.54%).

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Key Indices Monday, 9th October 2017

Index Today
LTP % Change High Low
Nifty Smallcap 100 7,894.45 25.25 (0.32%) 7,916.10 7,849.05
Bank Nifty 24,251.90 61.90 (0.26%) 24,311.10 24,156.05
Nifty Next 50 28,219.15 43.00 (0.15%) 28,380.45 28,139.05
Nifty 500 8,798.30 10.90 (0.12%) 8,824.75 8,774.65
Nifty 100 10,357.95 10.30 (0.10%) 10,390.80 10,331.10
Nifty 200 5,428.90 5.20 (0.10%) 5,446.25 5,414.95
Nifty 50 9,988.75 9.05 (0.09%) 10,015.75 9,959.45
Nifty Midcap 100 18,524.25 -3.95 (-0.02%) 18,608.25 18,467.30
Advance/ Decline
Index Advance Decline
Nifty 50 29 21
Nifty Next 50 23 27
Nifty 100 52 49
Nifty 200 96 105
Nifty 500 242 256

Sector Indices
Today
Index LTP % Change High Low
Nifty Realty 284.95 6.50 (2.33%) 286.60 276.15
Nifty Media 3,051.90 32.05 (1.06%) 3,061.95 3,024.05
Nifty FMCG 25,286.35 155.75 (0.62%) 25,315.25 25,151.45
Nifty Pharma 9,505.70 27.95 (0.29%) 9,568.55 9,463.80
Nifty IT 10,680.20 24.85 (0.23%) 10,694.25 10,622.80
Nifty Financial Services 10,002.35 17.30 (0.17%) 10,022.25 9,973.05
Nifty Metal 3,717.85 6.35 (0.17%) 3,747.90 3,698.75
Nifty Auto 11,005.80 -1.20 (-0.01%) 11,061.70 10,970.55
Nifty PSU Bank 3,100.70 -1.20 (-0.04%) 3,119.85 3,071.35
Nifty Energy 13,277.85 -127.20 (-0.95%) 13,409.60 13,260.50

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Index Pullers & Draggers Monday, 9th October 2017

Index Pullers Index Draggers


Company Name LTP Change Contribution Points Company Name LTP Change Contribution Points

ITC 268.00 1.85 (0.70%) 4.07 Reliance Inds. 830.65 -6.40 (-0.76%) -5.56

HDFC 1,749.70 9.70 (0.56%) 4.00 HDFC Bank 1,795.50 -4.60 (-0.26%) -2.44

Kotak Mah. Bank 1,049.95 10.45 (1.01%) 3.58 ONGC 170.70 -3.15 (-1.81%) -2.35

Yes Bank 370.90 5.10 (1.39%) 2.39 Power Grid Corpn 200.95 -3.80 (-1.86%) -2.21

Hind. Unilever 1,220.25 12.95 (1.07%) 2.38 BPCL 481.25 -8.35 (-1.71%) -1.72

Stocks Showing Activity


Top Gainers -Nifty 500 Top Losers-Nifty 500

Company Name LTP Change Company Name LTP Change

Sobha 460.00 68.15 (17.39%) JP Associates 18.60 -1.30 (-6.53%)

Guj Alkalies 697.05 85.95 (14.06%) SPARC 367.10 -21.75 (-5.59%)

SRF 1,743.90 166.05 (10.52%) Shilpi Cable 14.75 -0.75 (-4.84%)

Religare Enterp. 49.85 4.50 (9.92%) Bombay Burmah 1,353.50 -61.60 (-4.35%)

IDFC 64.50 4.80 (8.04%) Blue Star 772.40 -28.70 (-3.58%)

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52-Week High-Low Monday, 9th October 2017

52 Week High Today-Nifty500 52 Week Low Today-Nifty500

Company Name LTP Change Company Name LTP Change

Sobha 460.00 68.15 (17.39%) Shilpi Cable 14.75 -0.75 (-4.84%)

Guj Alkalies 697.05 85.95 (14.06%) Amara Raja Batt. 685.05 -16.75 (-2.39%)

Solar Inds. 1,001.50 60.80 (6.46%) Zensar Tech. 738.15 -5.55 (-0.75%)

HSIL 416.20 24.60 (6.28%)

KRBL 561.75 32.80 (6.20%)

Global Indices

Indices Date Value Previous Close Change % Change


CAC 40 09/10/2017 5,357.19 5,359.89 -2.70 -0.05
DAX 09/10/2017 12,954.86 12,955.94 -1.08 -0.01
FTSE 09/10/2017 7,507.90 7,522.87 -14.97 -0.20
Shanghai 08/10/2017 3,374.38 3,348.94 25.44 0.76
Hang Seng 08/10/2017 28,326.59 28,458.04 -131.45 -0.46
Straits Times 08/10/2017 3,291.56 3,291.29 0.27 0.01
DOW Jones 06/10/2017 22,773.67 22,775.39 -1.72 -0.01
Nasdaq 06/10/2017 6,590.18 6,585.36 4.82 0.07
Nikkei 05/10/2017 20,690.71 20,628.56 62.15 0.30

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Nifty Spot View Monday, 9th October 2017

NIFTY
9988.75 9.05 (0.09%)
Oct 09, 16:00
Intraday 52 Week
OPEN 9,988.20 HIGH 10,015.75 10,178.95
P. CLOSE 9,979.70 LOWS 9,959.45 7,893.80

R2 10044

R1 10016

Pivot 9987

S1 9959

S2 9930

Jus ca on & Comments

On Monday's trading session Benchmark Indices Ni y opened on a at note and traded with posi ve movement & soon
Ni y 50 Index reclaimed its psychological 10,000-mark intraday but could not hold that level due to vola lity and index
ended the session below 10000 mark at 9988,level up 9.

Today Ni y Index has made a dogy candle on daily chart which is some me called as reversal but next session's opening
will determine the move in index as if Ni y crossed its last day high 10015.75 upside than we can see upside moves
otherwise it can go down to test 9950 levels

On the daily technical charts, Ni y has been making higher highs and higher lows for past few trading sessions. On the
upside, 10030 is followed by 10080 may be placed as the important resistance levels. On the downside, 9940 and 9880
are strong support levels for the 50-stocks index.

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Bankl Nifty Spot View Monday, 9th October 2017

NIFTY BANK
24251.90 61.90 (0.26%)
Oct 09, 16:00
Intraday 52 Week
OPEN 24,209.55 HIGH 24,311.10 25,198.80
P. CLOSE 24,190.00 LOWS 24,156.05 17,606.90

R2 24394

R1 24322

Pivot 24240

S1 24165

S2 24080

Jus ca on & Comments

On Mondays trading session Bank Ni y opened on a at note and traded with posi ve movement & closed at 24251,
level up 61.

The Ni y Bank index con nued its consolida on phase and was unable to surpass its resistance zone of 24300. Since last
few sessions, the Ni y Bank index has consolidated in the range of 24000-24311. Hence, a direc onal move in this week
would be seen only on the breakout of this range. Short-term traders are advised to trade in the index only post breakout
from the men oned range. Technically Bank Ni y index is trading below its 21 days & 50 days moving averages which is
strong resistance for Bank Ni y Index and once this resistance is crossed than there will up word movement can seen in
the index.

The intraday supports for the Ni y Bank index are placed around 24165 and 24080 whereas resistances are seen around
24322 and 24394.

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24 CaratCall Monday, 9th October 2017

Range 1,310.15 - 1,396.10


PVR Limited (NSE:PVR) 52 week 1,006.20 - 1,655.00
1,391.60 +77.95 (5.93%) Open 1,314.00
Oct 9 - Close Vol. 437,638.00
Currency in INR Mkt cap 65.22B
P/E 66.75
PVR Limited is an India-based holding company. The Company is a film entertainment company, which is engaged in the motion picture exhibition in cinemas. The
Company has organized its operations into three business segments: Movie exhibition, Movie Production & Distribution, and Others. Its Others segment includes
bowling, gaming and restaurant. The Company is also engaged in in-cinema advertisements/product displays and sale of food and beverages at cinema locations.
The Company offers technologies, including 4DX Technology, which stimulates the senses with effects, such as seat motion, wind, rain, fog, lights and scents to
match the audio and video in both two-dimensional (2D) and three-dimensional (3D); IMAX, which provides a viewing technology with optimized sound and
projection system, and Playhouse, which is designed for kids. The Company operates a network of approximately 550 screens spread over 120 properties in
approximately 50 cities across the country.
R2 1450.5

R1 1419.1

Pivot 1364.6

S1 1333.1

S2 1278.6

Jus ca on & Comments

PVR Limited (NSE:PVR) Looks bullish on Daily charts


Fresh break out has been seen in the counter, Chart structure is posi ve
Stock has seen Trend line breakout (Refer to Chart a ached)
Stock Managed to Close above immediate Resistance levels of 1370
Today Stock Managed to Close above 100 EMA and Trading above 21 EMA & 50 EMA
Momentum Indicator MACD Histogram Trading in Posi ve Zone
Huge Upsurge in the volumes has been seen with increase in prices
Looking at the Chart Structure, Price ac on, Moving Averages, and volumes Stock looks bullish, We suggest fresh buying
in the next intraday trading session.

BUY PVR @ 1370- 1380 TARGET 1420/ 1460 STOP LOSS 1340 (QTY: 400)

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24 CaratCall Monday, 9th October 2017

Range 734.70 - 763.90


Bata India Ltd (NSE:BATAINDIA) 52 week 399.20 - 763.90
763.00 +23.50 (3.18%) Open 739.00
Oct 9 - Close Vol. 1.18M
Currency in INR Mkt cap 98.26B
P/E -
Bata India Limited is engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network, and development
of real estate. The Company's segments include Footwear & Accessories, and Surplus Property Development. The Footwear & Accessories segment is engaged
in the business of manufacturing and trading of footwear and accessories items through its retail and wholesale network. The Surplus Property Development
segment is involved in development of surplus property at Batanagar. It offers accessories for women, including hand bags, belts, clutches and scarves, and for
men, including shoe care products, wallets and belts. Its brands include Bata, Bata Comfit, Bubblegummers, Hush Puppies, Power, Weinbrenner and Naturalizer.
It has a retail network of over 1,200 stores. It also operates a non retail distribution network through its urban wholesale division and caters to various customers
through approximately 30,000 dealers.

R2 782

R1 771

Pivot 753

S1 742

S2 742

Jus ca on & Comments:

Bata India Ltd (NSE:BATAINDIA) looks bullish on Daily charts, Stock Made 52 Week High Today
Stock Managed to Close above immediate resistance of 745, Further upside can be seen
Stock rmly trading above Key Moving averages: 21 EMA, 50 EMA & 100 EMA on daily Chart
Key Momentum Oscillator MACDH (21, 50) entered Posi ve zone
Looking to the technical Indicators, Moving Averages. We suggest buying the stock for next intraday trading session

BUY BATAINDIA AROUND 745- 750 TARGETS 770/ 785 STOP LOSS 730 (QTY: 1100)

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FII And DII Activity Updated till 6th October 2017 Monday, 9th October 2017

FII RS CRORES
Date Gross Purchase Gross Sales Net Purchase/ Sales
06-Oct-2017 3601.52 4641.92 -1,040.40
05-Oct-2017 3201.46 3857.96 -656.50
04-Oct-2017 3963.75 4595.89 -632.14
03-Oct-2017 5770.20 6463.23 -693.03
Total 16,536.93 19,559.00 -3,022.07
DII RS CRORES
Date Gross Purchase Gross Sales Net Purchase/ Sales
06-Oct-2017 3978.12 2738.38 1,239.74
05-Oct-2017 2946.00 2426.97 519.03
04-Oct-2017 2814.19 2229.31 584.88
03-Oct-2017 3803.19 2250.78 1,552.41
Total 13,541.50 9,645.44 3,896.06

FII And DII Activity Updated till 6th October 2017

Monthly FII Data (RS CRORES)


Date Gross Purchase Gross Sales Net Purchase/ Sales
September 2017 95,431.19 119,401.16 -23,969.97
August 2017 95,588.51 111,584.14 -15,995.63
July 2017 104,497.69 103,032.84 1,464.85
Monthly DII Data (RS CRORES)
Date Gross Purchase Gross Sales Net Purchase/ Sales
September 2017 79,160.50 58,134.97 21,025.53
August 2017 70,219.04 54,013.82 16,205.22
July 2017 67,911.76 63,125.39 4,786.37

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Diamond Call Performance & Prot Monday, 9th October 2017

Our Previous Recommendation


Date Call Target/SL P&L
3rd Oct-2017 BUY PCJWELLERS @ 348.50 - 352.50 TARGET 362.50/ 372.5 SL 340.50 (QTY: 1500) TG ACHIEVED +30,000/-
3rd Oct-2017 SELL STAR BELOW 845 TARGETS 830/ 810 SL 860 (QTY: 500) NOT EXECUTED NIL
4th Oct-2017 SELL APOLLOTYRE BELOW 237.45 TARGET 232.45/ 227.45 SL 242.45 (QTY: 3000) CLOSE @239.25 -5,400/-
4th Oct-2017 BUY AUROPHARMA AROUND 722- 726 TARGETS 740/ 758 SL 703.95 (QTY: 800) TG ACHIEVED +11,200/-
5th Oct-2017 BUY BHARATFIN AROUND 958- 968 TARGET 983/ 997 STOPLOSS 943 (QTY: 1000) MADE HIGH 981 +13,000/-
5th Oct-2017 SELL STAR AROUND 865- 855 TARGETS 825/ 795 STOP LOSS 885 (QTY: 500) CLOSED @ 837 +14,000/-
6th Oct-2017 BUY JUSTDAIL @ 402- 404 TARGET 414.5/ 427 STOP LOSS 389.50 (QTY: 1200) TG ACHIEVED +28,000/-
6th Oct-2017 BUY RELIANCE AROUND 828- 832 TARGETS 847/ 862 STOP LOSS 818 (QTY: 1000) CLOSE @ 830 NIL

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Bulls Eyes Calls Monthly Performance Checked By:-

Months Prot & Loss


September 2017 Rs. 2,76,900/-
October 2017 Rs. 90,800/-*
November 2017

December 2017

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Team :

Name Designation Email

Mr. Prateek Gupta (Technical Research Analyst-Head) 24cn.research@gmail.com

Mr. Lakhan Patidar (Sr. Derivative & Technical Analyst) 24cn.lakhan@gmail.com

Mr. Dharmendra Saloniya (Commodity Research Analyst) 24cn.mcx@gmail.com

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Mr. Shubham Chinwar (Sr. Graphic Designer) 24cn.reports@gmail.com

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