Equity Premium Daily Journal

Strictly for Client Circulation Sebi Reg. No.:- INH000003358

Thursday, 12th October 2017

NIFTY 50 10096.40 111.60 1.12

SENSEX 32182.22 348.23 1.09

+91-98261-69053 contactus@24cfin.com www.24cfin.com

Market Wrap Thursday, 12th October 2017

Live Stock Market Updates - Sensex soars 300 points; Reliance Ind gains
The Indian stock market closed at three-week high led by Reliance Industries. A strong
rally in Hindalco, Bhar Infratel, Sun Pharma and TCS also contributed to the gains.

TCS stocks will be in focus for tomorrow as result will be announced later in the day.
Meanwhile, Indias ina on data for September will be released later in the day.

At 3:30 PM, the S&P BSE Sensex closed at 31,182, up by 348 points, while NSE Ni y closed at 10,096 by 112 points.

The BSE Mid-cap Index gained 0.95% at 15,960 whereas BSE Small-cap Index is ended higher by 1.15% at 16,904.

Hindalco, Infratel, RIL, Sun Pharma and Vedanta are among the gainers, whereas Bhar Airtel, UltraTech Cement, IOC,
UPL and SBI are losing steam on NSE.

Claris Lifescinces is down 7% as investors get concerned about sharp rise in expenses related to selling of injectable
business
IndusInd Bank Q2 FY18 (YoY): PAT at Rs 880 Cr vs Rs 704 Cr (+25%). NII at Rs 1,821 Cr vs Rs 1,460 Cr. Gross NPA at 1.08% vs
1.09% (QoQ).
Bajaj Corp Q2 FY18 (YoY): PAT at Rs 51 Cr vs Rs 58 Cr (-12%). Revenue at Rs 204 Cr vs Rs 197 Cr (+4%).

Adani Transmission hits 5% upper circuit, extending its 15% gain of the last 2-trading sessions on the BSE.

Some buying ac vity is seen in Basic Materials, Energy, FMCG, Telecom, Auto, Metal, and Realty on BSE.

The INDIA VIX is down by 5.86% at 11.04.

Out of 1,533 stocks traded on the NSE, 1,002 advanced, 477declined, and 54 remained unchanged today.

A total of 61 stocks registered a fresh 52-week high in trade today, while 27 stocks touched a new 52-week low on the NSE.

Buzzing Stocks
Closing Bell: Gainers: RIL (+4%), Sun Pharma, Axis Bank (+2%). Losers: Airtel, Infy (-1%).
Bharat Financial hits Rs 1,000/sh for the rst me since 2010. The stock gains 3%.
Claris Lifescinces stock drops 7.5% as investors get concerned about sharp rise in expenses related to selling of injectable
business.
Adani Transmission hits 5% upper circuit, extending its 15% gain of the last 2-trading sessions on the BSE.
Infratel stock rallies 5% a er 13.8 lakh shares trade in a block on NSE at Rs 436/sh.
Ni y Pharma Index up over 1%. Divis Lab (+3%), Sun Pharma, Aurobindo (+2%), Lupin, Cipla (+1%).
Sun Pharma gets EIR from USFDA for Dadra facility. Stock zooms over 2.5%.
Man Industries stock hits 20% upper circuit on order win worth Rs 925 Cr.
IndusInd Bank Q2 FY18 (YoY): PAT at Rs 880 Cr vs Rs 704 Cr (+25%). NII at Rs 1,821 Cr vs Rs 1,460 Cr. Gross NPA at 1.08% vs
1.09% (QoQ). Stock up 1.5%.
Bajaj Corp Q2 FY18 (YoY): PAT at Rs 51 Cr vs Rs 58 Cr (-12%). Revenue at Rs 204 Cr vs Rs 197 Cr (+4%).Stock advances 1%.

+91-98261-69053
www.24cfin.com
Market Action
4:01 PM
Indian markets close on a stellar note
Shares of Indian markets have closed on
a stellar note. Nifty hits a century; closes
at 10098, up 111 pts.
1:14 PM
European markets open at
Shares of European Market have opened
at; DAX & CAC remain rangebound. Nifty
at 10020 (+31 pts).
10:52 AM
Prakash Industries secures coal-linkages
Shares of Prakash Industries has gone up by
~3.4% after it secured coal- linkages for
spronge iron units.
10:48 AM
Metal & Pharma stocks surge
Metal & Pharma stocks move up; Telecom
stocks drop. Hindalco (+3.5%) Sun
Pharma(+1.81%) Airtel (-1.44%).
+91-98261-69053
www.24cfin.com
Thursday, 12th October 2017
1:51 PM
Hindalco surges post block deal
Shares of Hindalco have moved up by ~5%,
after 10 lakh shares changed hands in a
single block deal on the BSE.
11:08 AM
Sun Pharma gains on EIR for dadra facility
Shares of Sun Pharma have gained ~2%,
after it led an EIR for from the U.S. FDA for
its Dadra plant which was inspected by in
April this year.
10:49 AM
NCC gains on construction deal
Shares of NBCC have gone up by ~2.5%,
after NBCC gave Rs 1,950 crore order to it
for construction of multi-storey commercial
space in New Delhi.
10:36 AM
Indian markets off to a strong start
Indian markets open in green; Nifty at
10018, moves up by ~33 pts.
Key Indices Thursday, 12th October 2017

Index Today
LTP % Change High Low
Nifty 50 10,096.40 111.60 (1.12%) 10,104.45 9,977.10
Bank Nifty 24,361.25 253.80 (1.05%) 24,393.40 23,978.40
Nifty Next 50 28,528.85 314.00 (1.11%) 28,558.05 28,165.75
Nifty 100 10,469.30 115.40 (1.11%) 10,477.35 10,344.30
Nifty 200 5,486.75 61.20 (1.13%) 5,490.70 5,419.55
Nifty 500 8,890.05 97.65 (1.11%) 8,895.70 8,784.65
Nifty Midcap 100 18,683.30 202.95 (1.10%) 18,697.60 18,463.30
Nifty Smallcap 100 7,940.30 92.65 (1.18%) 7,942.60 7,858.35
Advance/ Decline
Index Advance Decline
Nifty 50 40 10
Nifty Next 50 41 9
Nifty 100 82 19
Nifty 200 161 40
Nifty 500 374 124

Sector Indices
Today
Index LTP % Change High Low
Nifty Metal 3,741.45 73.00 (1.99%) 3,748.65 3,661.05
Nifty Energy 13,653.25 263.30 (1.97%) 13,684.65 13,424.50
Nifty Realty 281.70 4.65 (1.68%) 282.40 278.20
Nifty Pharma 9,577.10 135.95 (1.44%) 9,592.60 9,483.50
Nifty FMCG 25,473.60 286.10 (1.14%) 25,575.95 25,146.25
Nifty Auto 11,072.25 111.95 (1.02%) 11,080.05 10,938.00
Nifty Financial Services 10,046.65 88.65 (0.89%) 10,057.90 9,915.10
Nifty IT 10,881.30 96.05 (0.89%) 10,891.25 10,782.70
Nifty Media 3,023.40 18.85 (0.63%) 3,030.45 2,996.90
Nifty PSU Bank 3,028.25 -1.40 (-0.05%) 3,036.80 2,995.30

+91-98261-69053
www.24cfin.com
Index Pullers & Draggers Thursday, 12th October 2017

Index Pullers Index Draggers

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

Reliance Inds. 872.75 32.60 (3.88%) 27.04 Infosys 927.30 -3.40 (-0.37%) -1.77

HDFC Bank 1,818.80 28.65 (1.60%) 14.94 Bharti Airtel 400.25 -3.30 (-0.82%) -1.14

TCS 2,548.20 47.85 (1.91%) 6.07 UltraTech Cem. 3,919.80 -31.40 (-0.79%) -0.86

Hindalco Inds. 264.45 14.95 (5.99%) 5.34 IOCL 414.90 -3.20 (-0.77%) -0.85

Kotak Mah. Bank 1,057.60 13.75 (1.32%) 4.70 St Bk of India 251.20 -0.55 (-0.22%) -0.53

Stocks Showing Activity

Top Gainers -Nifty 500 Top Losers-Nifty 500

Company Name LTP Change Company Name LTP Change

NBCC 241.95 20.70 (9.36%) Karur Vysya Bank 131.35 -14.35 (-9.85%)

Bombay Burmah 1,490.15 118.05 (8.60%) Bombay Dyeing 213.10 -11.20 (-4.99%)

Sundram Fasten. 500.75 36.45 (7.85%) Vardhman Textile 1,249.95 -50.35 (-3.87%)

Edelweiss.Fin. 294.45 20.50 (7.48%) D B Realty 34.10 -1.05 (-2.99%)

Jindal Steel 161.70 10.20 (6.73%) AIA Engg. 1,389.45 -37.30 (-2.61%)

+91-98261-69053
www.24cfin.com
52-Week High-Low Thursday, 12th October 2017

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

Company Name LTP Change Company Name LTP Change

NBCC 241.95 20.70 (9.36%) United Bank (I) 17.45 -0.25 (-1.41%)

Bombay Burmah 1,490.15 118.05 (8.60%) Rel. Comm. 16.25 -0.05 (-0.31%)

Sundram Fasten. 500.75 36.45 (7.85%)

Edelweiss.Fin. 294.45 20.50 (7.48%)

Jindal Steel 161.70 10.20 (6.73%)

Global Indices

Indices Date Value Previous Close Change % Change

CAC 40 12/10/2017 5,352.90 5,362.41 -9.51 -0.18
DAX 12/10/2017 12,972.16 12,970.68 1.48 0.01
FTSE 12/10/2017 7,545.71 7,533.81 11.90 0.16
DOW Jones 11/10/2017 22,872.89 22,830.68 42.21 0.18
Shanghai 11/10/2017 3,386.10 3,388.28 -2.18 -0.06
Hang Seng 11/10/2017 28,459.03 28,389.57 69.46 0.24
Nasdaq 11/10/2017 6,603.55 6,587.25 16.30 0.25
Nikkei 11/10/2017 20,954.72 20,881.27 73.45 0.35
Straits Times 11/10/2017 3,303.09 3,280.28 22.81 0.70

+91-98261-69053
www.24cfin.com
 Nifty Spot View Thursday, 12th October 2017

NIFTY
10096.40 111.60 (1.12%)
Oct 12, 16:00
Intraday 52 Week
OPEN 10,011.20 HIGH 10,104.45 10,178.95
P. CLOSE 9,984.80 LOWS 9,977.10 7,893.80

R2 10185

R1 10140

Pivot 10060

S1 10015

S2 9930

Jus ca on & Comments

In Thursdays trading session Benchmark Indices Ni y opened on a gap up note and traded with high vola lity for rst
half of the market. But in second half It was a spectacular rally in late trade as the Ni y reclaimed 10,100 level intraday .
Benchmark indices ended at 3-week closing highs. The 50-share NSE Ni y gained 111.60 points or 1.12 percent at 10,096

As Ni y Index has reclaimed its important levels of 10050 going ahead there is no sign of reversal in index and it is now
in rm control of Bulls. Technically index is looking posi ve as the key indicator MACD Histogram is also turning in posi ve
& paced at 12.51. Index can con nue its rally to 10140 & 10170 in next trading session.

For the coming session, 10140-10185 would be seen as immediate hurdles; whereas, on the lower side, any sustainable
move below 10060 would result into some weakness towards 10015-9970 levels.

+91-98261-69053
www.24cfin.com
 Bankl Nifty Spot View Thursday, 12th October 2017

NIFTY BANK
24361.25 253.80 (1.05%)
Oct 12, 16:00
Intraday 52 Week
OPEN 24,151.45 HIGH 24,393.40 25,198.80
P. CLOSE 24,107.45 LOWS 23,978.40 17,606.90

R2 24660

R1 24510

Pivot 24245

S1 24095

S2 23830

Jus ca on & Comments

In Thursdays trading session Bank Ni y opened on a gap up note and traded with some vola lity for rst half of the mar-
-ket but in second half Bank Ni y too witnessed a steep surge mainly on account of short covering with the index surging
1.2% & closed at 24361 level up 256.

Ni y Bank index tried to breach its support levels of 24000 in days trading session but could not do it with good volumes
as bulls once again regain the control on index from lower levels and a fresh buying was seen the index which led to closed
Bank Ni y Index in posi ve territory.

In up coming session further up side movement can be seen in the Index The support for the Ni y Bank index is now plac-
-ed around 24200 and 24000 whereas the resistance is seen in the range of 24400-24450

+91-98261-69053
www.24cfin.com
 24 CaratCall Thursday, 12th October 2017

Range 979.50 - 1,004.50

Bharat Financial Inclusion Ltd (NSE:BHARATFIN) 52 week 465.10 - 1,004.50
1,003.00 +32.30 (3.33%) Open 982.70
Oct 12 - Close Vol. 1.92M
Currency in INR Mkt cap 138.43B
P/E 885.86
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 1019

R1 1009.5

Pivot 994.5

S1 984.5

S2 970

Jus ca on & Comments

Bharat Financial Inclusion Ltd (NSE:BHARATFIN) Looks bullish on Daily charts
Stock made fresh 50 weeks high in todays trading session
Head and shoulder Price Pa ern Forma on has been seen in the stock
Momentum Indicator MACD Histogram turns posi ve and Trading in posi ve zone.
Firmly Trading above 50EMA & 100 EMA. 200 EMA
Looking at the Chart Structure, Trend line break down & Moving Averages, Stock looks weak; hence we suggest short
selling in the next intraday trading session.

BUY BHARATFIN@ 995- 1000 TARGET 1030/ 1060 STOP LOSS 965 (QTY: 500)

+91-98261-69053
www.24cfin.com
 24 CaratCall Thursday, 12th October 2017

Range 2,507.00 - 2,555.00

Tata Consultancy Services Limited (NSE:TCS) 52 week 2,051.90 - 2,708.95
2,546.90 +46.55 (1.86%) Open 2,513.00
Oct 12 - Close Vol. 2.50M
Currency in INR Mkt cap 4.89T
P/E 19.33
Tata Consultancy Services Limited (TCS) is engaged in providing information technology (IT) services, digital and business solutions. The Company's segments
include banking, finance and insurance services (BFSI); manufacturing; retail and consumer packaged goods (CPG); telecom, media and entertainment, and others,
such as energy, resources and utilities, hi-tech, life science and healthcare, s-Governance, travel, transportation and hospitality, and other products. Its services
portfolio consists of IT and assurance services, business intelligence and performance management, business process services, cloud services, connected marketing
solutions, consulting, engineering and industrial services, enterprise solutions, IT infrastructure services, mobility products and services and platform solutions. Its
software offerings include Digital Software and Solutions, TCS BaNCS and TCS MasterCraft, among others. It serves industries, including insurance, healthcare,
retail, telecom and others.

R2 2585

R1 2566

Pivot 2536

S1 2518

S2 2488

Jus ca on & Comments:

Tata Consultancy Services Limited (NSE:TCS) looks bullish on Daily charts

Stock break out of triangle price pa ern closed above resistance levels of 2520
Huge Upsurge in volumes has been seen in the Stock with increase in prices
Key Momentum Oscillator MACDH (21, 50) entered Posi ve zone on daily chart
Stock Trading above key moving averages 21 EMA, 50EMA & 100 EMA
Looking to the technical Indicators, Moving Averages, Volumes and Quarter 2, 2017 Results We suggest buying the stock
for next intraday trading session

BUY TCS @ 2540- 2550 TARGETS 2595/ 2655 STOP LOSS 2490 (QTY: 250)

+91-98261-69053
www.24cfin.com
FII And DII Activity Updated till 11th October 2017 Thursday, 12th October 2017

FII RS CRORES
Date Gross Purchase Gross Sales Net Purchase/ Sales
11-Oct-2017 5489.27 5597.22 -107.95
10-Oct-2017 3518.19 4023.01 -504.82
09-Oct-2017 2882.87 3357.98 -475.11
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
DII RS CRORES
Date Gross Purchase Gross Sales Net Purchase/ Sales
11-Oct-2017 3469.48 3235.68 233.80
10-Oct-2017 3045.65 2643.50 402.15
09-Oct-2017 2585.48 2530.06 55.42
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

FII And DII Activity Updated till 11th 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
+91-98261-69053
www.24cfin.com
Diamond Call Performance & Prot Thursday, 12th 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
9th Oct-2017 BUY PVR @ 1370- 1380 TARGET 1420/ 1460 STOP LOSS 1340 (QTY: 400) CLOSED @ COST NIL
9th Oct-2017 BUY BATAINDIA AROUND 745- 750 TARGETS 770/ 785 STOP LOSS 730 (QTY: 1100) NOT EXECUTED NIL
10th Oct-2017 BUY ASHOKLEY @ 126- 126.5 TARGET 129/ 132 STOP LOSS 123 (QTY: 7000) SL TRIGGERED -21,000/-
10th Oct-2017 BUY MOTHERSUMI ABOVE 349.5 TARGETS 353/ 356.5 STOP LOSS 346 (QTY: 3750) TG ACHIEVED +26,250/-
11th Oct-2017 SELL ZEEL @ 514.50- 516.50 TARGET 505/ 495 STOP LOSS 525.5 (QTY: 1300) CLOSED @ 518 -1,950/-
11th Oct-2017 SELL BANKINDIA AROUND 136-135.5 TARGETS 133/131 STOP LOSS 138 (QTY: 5000) TG ACHIEVED +22,500/-

+91-98261-69053
www.24cfin.com
 Bulls Eyes Calls Monthly Performance Checked By:-

Months Prot & Loss

September 2017 Rs. 2,76,900/-
October 2017 Rs. 1,16,600/-*
November 2017

December 2017

Disclaimer 24 CARAT FINANCIAL SERVICES

The information and views in this report, our website & all the service we provide are believed to be relia-ble, but we do not accept any
responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts
have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources
that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given
herein should be treated as only factor, while making investment decision. The re-port does not provide individually tailor-made investment
advice. 24 Carat Financial services recommends that investors independently evaluate particular investments and strategies, and
ncourages investors to seek the advice of a financial adviser. 24 Carat Financial Services shall not be responsible for any transaction
conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price
projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and
forecasts, can change without notice. Analyst or any person related to 24 Carat financial Services might be holding positions in the stocks
recommended. It is under-stood that anyone who is browsing through the site has done so at his free will and does not read any views
expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of
the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any
financial profits or loss which may arise from the recommendations above 24 Carat Financial Services does not purport to be an invitation
or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward
or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If
found so then Serious Legal Actions can be taken.
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

Mrs. Neha Baraskar (Trainee Research Analyst) 24cn.neha@gmail.com

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

+91-98261-69053
www.24cfin.com