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Equity Premium Daily Journal

Strictly for Client circulation


Sebi Reg. No.:- INH000003358

Thursday, 5th
October 2017

NIFTY 50 9888.70 -26.20 -0.26

SENSEX 31592.03 -79.68 -0.25

Dollar / Rupee 65.1450 0.13 0.18

Euro / Rupee 76.7025 -0.14 -0.18

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604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Thursday, 5th October 2017
Market Wrap
Nifty, Sensex end in negative territory
Major benchmark indices, Ni y and Sensex closed lower by 26 points or 0.26% at
9,888 level and 79 points or 0.25% at 31,592 level.

There were 933 advances, 706 declines and 325 unchanged stocks on NSE indica ng
posi ve breadth oa ng in the market. India VIX ended lower by 1.52% at 11.62 level.

In the broader markets, BSE Mid-cap index closed at 15,691 level, up by 77 points, while BSE Small-cap index closed at
16,449 level, up by 128 points. Bank Ni y ended at 24,058 level, down by 55 points or 0.23%.

Selling ac vity was seen in sectors including IT, FMCG, Telecom and Auto, while all the other sectoral indices on BSE
closed in the posi ve territory. Ni y Media index was the top gaining index ending at 3012 level, up by 0.60%. Ni y
Financial Services index ended lower by 0.44% at 9956 level.

Punjab Na onal Bank was the top gainer in the Bank Ni y index atRs 132.70 per share up 2.12%. IDFC Bank and IDFC Bank
were also among the top gainers on the index ending higher by 1%.

Buzzing Stocks

Closing Bell:Gainers: Aurobindo (+2.5%), Ambuja, NTPC (+2%). Losers: Tech Mahindra, Infratel (-3%).

SBI puts 24 accounts with outstanding loan of Rs 3554 Cr up for sale to ARCs/NBFCs/FIs/Banks, as per media reports.

Ni y Realty Index up 1%. DLF, HDIL (+3%), Unitech, Pres ge (+1.5%).

Maru Suzuki Sept produc on up 3.3% at 1.51 Lk units vs 1.46 Lk units (YoY). Stock ends marginally down.

Gravita India stock jumps 13.5% on rise in lead price.

Shoppers Stop stock shines 2.5% on acquisi on of HyperCity by Future Retail.

Natco Pharma marke ng partner Mylan launches generic Gla ramer Acetate in the US market. Stock gains 3%.

Glenmark stock up 2% as UK regulator renews manufacturing licence at Baddi unit.

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Market Action Thursday, 5th October 2017

4:04 PM 4:03 PM
Indian markets witness a minor drop Spice Jet closes with gains
Shares of Indian markets have closed Shares of Spice Jet have witnessed an
with a minor drop; Nifty at 9888, down uptick of ~2.5%, after it partnered with
by 26 pts. Japans Setouchi Holdings For the
purchase of 100 amphibian plans.

1:11 PM 11:06 AM
European markets open at Parag Milk Foods surges by ~2%
European markets open at; no major Shares of Parag Milk Foods have gone up
movement seen in DAX & CAC. Indian by ~2%, after the RBI increased the FPI /FII
markets witness a minor drop; Nifty at limit to 40% from 24 %.
9903 (-11 pts).

11:04 AM 11:01 AM
SBI appoints a new chairman Prataap Snacks makes a stellar debut
Shares of Prataap Snacks have made a
Shares of SBI have fallen ~1.1%, after
stellar debut on the IPO; listing at a
the government appointed Rajnish premium of ~35% to the issue price of
Kumar as the new chairman of the Rs. 938 on the BSE.
bank for next three years.

10:58 AM 10:24 AM
Pharma & Realty stocks move up Indian markets open to market gains
Shares of Pharma & Realty Companies Shares of Indian market open to minor
witness an uptick; Telecom stocks drop. gains; Nifty at 9931, gains 16 pts.
Auro Pharma(+2.63%) M&M(+1.75%)
Bharti Infratel (-2.81%).

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Index Pullers & Draggers Thursday, 5th October 2017

Index Pullers Index Draggers


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

Reliance Inds. 824.15 5.30 (0.65%) 4.54 ICICI Bank 271.80 -4.30 (-1.56%) -7.28

NTPC 171.10 3.05 (1.81%) 2.37 HDFC 1,751.70 -16.40 (-0.93%) -6.86

Infosys 903.05 3.45 (0.38%) 1.78 ITC 265.25 -2.15 (-0.80%) -4.80

Yes Bank 359.45 3.65 (1.03%) 1.72 Power Grid Corpn 204.95 -4.10 (-1.96%) -2.39

M&M 1,300.75 12.00 (0.93%) 1.44 Tech Mahindra 450.95 -14.10 (-3.03%) -2.36

Stocks Showing Activity


Top Gainers -Nifty 500 Top Losers-Nifty 500

Company Name LTP Change Company Name LTP Change

Jai Corp 120.25 10.90 (9.97%) Shilpi Cable 16.30 -0.85 (-4.96%)

Indo Count Inds. 107.75 8.70 (8.78%) Videocon Inds. 15.15 -0.75 (-4.72%)

Dilip Buildcon 681.30 53.95 (8.60%) ICICI Pru Life 398.65 -13.55 (-3.29%)

Phoenix Mills 550.05 39.95 (7.83%) Tech Mahindra 450.95 -14.10 (-3.03%)

Navin Fluo.Intl. 747.95 53.10 (7.64%) Godrej Propert. 624.35 -19.25 (-2.99%)

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Advance/ Decline Thursday, 5th October 2017

Index Advance Decline

Nifty 50 22 28

Nifty Next 50 30 19

Nifty 100 53 47

Nifty 200 107 92

Nifty 500 285 210

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

Company Name LTP Change Company Name LTP Change

Dilip Buildcon 681.30 53.95 (8.60%) Shilpi Cable 16.30 -0.85 (-4.96%)

GNFC 369.20 26.20 (7.64%) Videocon Inds. 15.15 -0.75 (-4.72%)

Jubilant Food. 1,482.35 74.90 (5.32%) CRISIL 1,775.15 -19.65 (-1.09%)

Endurance Tech. 1,060.10 49.90 (4.94%) Ballarpur Inds. 11.80 -0.05 (-0.42%)

Gujarat Gas 38.25 (4.41%) Dish TV 0.60 (0.85%)


906.45 71.35

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Nifty Spot View Thursday, 5th October 2017

NIFTY
9888.70 -26.20 (-0.26%)
Oct 5-Close
Intraday 52 Week
OPEN 9,927.00 HIGH 9,945.95 10,178.95
P. CLOSE 9,914.90 LOWS 9,881.85 7,893.80

R2 9960

R1 9920

Pivot 9905

S1 9865

S2 9840

In Thursdays trading session Benchmark Indices Ni y opened on a at note and traded with sideways movement.
Through the day, the Ni y Index traded in a narrow range on the a sh side, apart from some posi ve movements in
the early part of the day. However, the market soon gave up its gains and con nued to see sideways day of trade. Fresh
selling in the last hour of trade dragged Indices lower and led to the market ending on a subdued note. Ni y Index
snapped its four-day gaining streak to close below 9900-mark. Ni y closed lower by 26 points or 0.26% at 9,888 level.

Technically Ni y index is trading below its trend line and its 21 days & 50 days moving averages, Ni y Index also could
not hold on it importa on levels of 9900 on daily chart.

Hence we are stay on our bearish move in ni y & In next trading session down side movement can be seen in the
index and it can test down side levels of 9840-9820. Ni y index is facing strong resistance at 9960.Traders are advised
to make short posi ons in Ni y around 9900-9990 for down side levels of 9850-9820 while 9960 would act as a strong
resistance for stop loss.

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Bankl Nifty Spot View Thursday, 5th October 2017

NIFTY BANK
24058.05 -55.25 (-0.23%)
Oct 6 - Close
Intraday 52 Week
OPEN 24,114.75 HIGH 24,188.30 25,198.80
P. CLOSE 24,113.30 LOWS 24,033.35 17,606.90

R2 24250

R1 24155

Pivot 24095

S1 24000

S2 24940

In Thursdays trading session Bank Ni y opened on a at note and traded in a narrow range on the a sh side, apart
from some posi ve movements in the early part of the day. Bank Ni y Index ended at 24,058 level, down by 55 points
or 0.23%. Punjab Na onal Bank was the top gainer in the Bank Ni y index at Rs 132.70 per share up 2.12%. IDFC Bank
were also among the top gainers on the index ending higher by 1%.

Technically Bank Ni y index is trading below its major resistance levels of 24250 and its 21 days & 50 days moving
averages on daily chart.

Hence we are stay on our bearish move in Bank Ni y Index & in next trading session it can test down side levels of
23900-23800 if it breaches its major support levels of 24000 on lower side. Bank Ni y Index is facing major resistance
at 24250.

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Diamond Call Thursday, 5th October 2017

Range 943.50 - 973.00


Bharat Financial Inclusion Ltd (NSE:BHARATFIN) 52 week 465.10 - 980.50
969.50 +22.50 (2.38%) Open 954.10
Oct 5 - Close Vol. 1.14M
Currency in INR Mkt cap 134.07B
P/E 856.27
Bharat Financial Inclusion Limited, formerly SKS Microfinance Limited, is a non-banking financial company-micro finance institution (NBFC-MFI). The Company is
engaged in providing micro finance services to women in the rural areas of India enrolled as members and organized as Joint Liability Groups. In addition to its
business of providing micro-credit, the Company uses its distribution channel to provide other financial products and services to the members. Programs in this
regard primarily relate to providing of loans to the members for the purchase of mobile handsets, solar lamps, bicycle and sewing machines, among others. The
Company provides door step delivery of its services through center meetings in villages. The Company offers loans mainly for income generating activities and not
for personal consumption. The Company has presence across approximately 20 states, covering over 100,000 villages and catering to approximately 69.7 lakh
women members.
R2 991

R1 979

Pivot 961

S1 950

S2 932

Jus ca on & Comments

Bharat Financial Inclusion Ltd (NSE: BHARATFIN) Looks bullish on Daily charts
Fresh break out has been seen in the counter, Chart structure is posi ve
Stock has seen breakout from Flag Price Pa ern on Daily charts
Stock Managed to Close above immediate Resistance levels of 960
Stock trading above 21 EMA, 50 EMA & 100 EMA since last few Weeks
Stock is trading Close to 52 week Highs and chances of new 52 Week highs can be there
Looking at the Chart Structure, Technical Pa ern, Moving Averages, We are bullish on the Counter and suggest fresh
buying in the next trading session. The only concern is Volumes are at lower Side and Key Momentum Indicator
MACD (21,50) Trading in Nega ve zone.

BUY BHARATFIN AROUND 958- 968 TARGET 983/ 997 STOPLOSS 943 (QTY: 1000

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Diamond Call Thursday, 5th October 2017

Range 852.30 - 872.00


Strides Shasun Ltd (NSE:STAR) 52 week 848.00 - 1,274.70
857.05 +1.85 (0.22%) Open 858.00
Oct 5 - Close Vol. 433,627.00
Currency in INR Mkt cap 76.59B
P/E 22.44
Strides Shasun Limited, formerly Strides Arcolab Limited, is a vertically integrated global pharmaceutical company. The Company is engaged in the development
and manufacturing of active pharmaceutical ingredients (APIs) and formulations, as well as biotech. Its business segments include Pharmaceutical and Biotech
businesses. Its geographical segments are Africa, Australasia, North America and Europe, South and Central America, India and Others. The Company focuses
on developing complex pharmaceutical products across therapeutic segments. The Company's products include general tablets, hard gelatin capsules, soft gelatin
capsules, sachets, dry powders, dry syrups, potent drugs, semi solids, ointments and creams. It is also involved in supplying generics to hospitals approved by the
National Health Service (NHS) and over-the-counter (OTC) products through retail outlets. It operates approximately 10 facilities, which are diversified across Asia,
Africa and Europe.

R2 879

R1 867

Pivot 859

S1 847

S2 840

Jus ca on & Comments:

Strides Shasun Ltd (NSE:STAR) looks bullish on Daily charts


Stock is trading near to weekly Support levels of 850, If Break we may see further Correc on
Stock trading below Key Moving averages: 21 EMA, 50 EMA & 100 EMA on daily Chart
Key Momentum Oscillator MACDH Trading in nega ve Zone
Increase in Volume has been Seen since Last weeks Price correc on
Looking to the technical Indicators, Support Levels, Moving Averages and Volume Ac on We suggest Short Selling the
stock for next intraday trading session

SELL STAR AROUND 865- 855 TARGETS 825/ 795 STOP LOSS 885 (QTY: 500)

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Key Indices Thursday, 5th October 2017

Today
Index LTP % Change High Low
Nifty Smallcap 100 7,765.25 75.50 (0.98%) 7,775.45 7,708.85
Nifty Midcap 100 18,363.00 100.40 (0.55%) 18,405.00 18,291.75
Nifty Next 50 27,951.85 82.00 (0.29%) 28,081.85 27,918.25
Nifty 500 8,706.45 -0.40 (0.00%) 8,746.15 8,699.75
Nifty 200 5,374.10 -4.95 (-0.09%) 5,400.95 5,369.90
Nifty 100 10,255.55 -18.50 (-0.18%) 10,312.90 10,247.95
Bank Nifty 24,058.05 -55.25 (-0.23%) 24,188.30 24,033.35
Nifty 50 9,888.70 -26.20 (-0.26%) 9,945.95 9,881.85

Sector Indices
Today
Index LTP % Change High Low
Nifty Realty 278.05 2.50 (0.91%) 280.20 276.30
Nifty Media 3,012.65 18.00 (0.60%) 3,023.35 2,988.15
Nifty Metal 3,598.40 10.30 (0.29%) 3,616.00 3,584.35
Nifty Pharma 9,394.15 21.85 (0.23%) 9,508.65 9,377.35
Nifty Energy 13,164.70 3.85 (0.03%) 13,223.85 13,108.00
Nifty PSU Bank 3,039.10 -1.35 (-0.04%) 3,055.70 3,011.55
Nifty Auto 10,931.70 -11.00 (-0.10%) 11,019.20 10,920.10
Nifty IT 10,524.65 -15.20 (-0.14%) 10,581.30 10,514.25
Nifty FMCG 25,010.40 -95.05 (-0.38%) 25,247.10 24,965.40
Nifty Financial Services 9,956.95 -43.60 (-0.44%) 10,016.80 9,945.95

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Global Indices Thursday, 5th October 2017

Indices Date Value Previous Close Change % Change


Shanghai 28/09/2017 3,348.94 3,339.64 9.30 0.28
DAX 05/10/2017 12,937.71 12,970.52 -32.81 -0.25
CAC 40 05/10/2017 5,358.25 5,363.22 -4.97 -0.09
FTSE 05/10/2017 7,477.68 7,467.58 10.10 0.14
Straits Times 04/10/2017 3,261.84 3,236.65 25.19 0.78
Nasdaq 04/10/2017 6,534.63 6,531.72 2.91 0.04
Nikkei 04/10/2017 20,628.56 20,626.66 1.90 0.01
DOW Jones 04/10/2017 22,661.64 22,641.67 19.97 0.09
Hang Seng 03/10/2017 28,379.18 28,173.21 205.97 0.73

FII And DII Activity Updated as on 4th October 2017

FII Activity

Buy Value(In Crs) Sell Value(In Crs) Net Value(In Crs)


. . .
DII Activity

Buy Value(In Crs) Sell Value(In Crs) Net Value(In Crs)


. . .

Cash Segment:
FIIs: .

DIIs: .

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Diamond Call Performance & Prot Thursday, 5th 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/-

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Bulls Eyes Calls Monthly Performance
Checked By:-

Months Prot & Loss


September 2017 Rs. 2,76,900/-
October 2017 Rs. 41,200/-*
November 2017

December 2017

Disclaimer 24 CARAT FINANCIAL SERVICES


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Team :

Name Designation Email

Mr. Prateek Gupta (Technical Research Analyst-head)

Mr. Lakhan Patidar (Sr. Derivative & Technical Analyst)

Mr. Dharmendra Saloniya (Commodity Research Analyst)

Mr. Shubham Chinwar (Sr. Graphic Designer)

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