Download as pdf or txt
Download as pdf or txt
You are on page 1of 12

Sebi Reg. No.

:- INH000003358

Derivative Premium Daily Journal


Strictly For Client Circulation

Friday, 10th November 2017

Nifty 10321.80 12.80 0.12%

Sensex 33314.56 63.63 0.19%

+91-98261-69053
contactus@24cfin.com
research@24cfin.com
604 - Shekhar Central, Palasia
Square, Indore - 452001,
Madhya Pradesh, INDIA
Market Today Friday, 10th November 2017

SBI saves the day for bulls


In todays trade, markets remained in a narrow range throughout the day.

Ni y PSU index surged 4% higher with SBI pos ng be er than expected quarterly
numbers, gaining ~6% at the close as the slippages came down to 9000 Cr from 26000
Cr reported in the previous quarter.

Ni y Bank index outperformed Ni y index as both the indices closed higher gaining ~0.82%/~0.12%. Ni y / Bank Ni y futures
added 6% /3.75% of fresh open interest, mainly long posi ons.

Tracking the op ons front Ni y 10300CE & 10300PE added fresh open interest to the tune of ~8.06 lakh/ ~10.3 lakh shares
respec vely, hin ng a con nued range-bound ac vity at the start of next week. India Vix ended the day at 13.47, up 1.54 %
Ni y: +12 points @ 10321
Bank Ni y: +207 points @ 25498
Top 2 F&O Gainer: JUST DIAL ,JP ASSOCIATES
Top 2 F&O Loser: JAIN IRRIGATION, RELIANCE COMMUNICATION
Most Ac ve Index Op on Contract:
Call Op on: 10400CE, O.I: ~83 Thousand shares
Put Op on: 10300PE, O.I: ~ 10lakh shares
Ni y Max O.I Strikes: 10500CE, 10200PE
Bank Ni y Max O.I Strikes: 26000CE, 25000PE (16TH Nov 2017 Expiry)

Buzzing Stocks
Closing Bell: Gainers: SBI (+6%), L&T (+5%). Losers: Aurobindo (-6%), Tata Motors (-4%).

Axis Bank approves raising of funds via shares, warrants and also approves stake sale to Bain Capital, others.

Bosch stock falls 2% on weak Q2 numbers.

Mahindra and Mahindra stock spurts over 2% on bonus issue, strong Q2 numbers.

L&T stock rallies 5% as construction arm wins orders of Rs 4,023 Cr

Nifty PSU Bank index rises 4%. SBI (+6%), BoB (+3%), Syndicate Bank, Allahabad Bank (+2%).

SBI stock gains over 6% as new bad loan additions lower than expected.

RCom stocks falls 7% as NCLT asks Ericsson to le bank certicates.

Mahindra Logistics settles at on debut. Lists at Rs 432 , a premium of 0.70% over its issue price of Rs 429.

Results on tomorrow: L&T, Nalco, Adani Power, Britannia, Coal India, Godfrey Phillips India, Reliance Com, Reliance Infra, Reliance Power.

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Friday, 10th November 2017
Derivatives Market

Nifty Bank Nifty


30-Nov-2017 30-Nov-2017

10321.80 25,525.05
105.65 0.42%
12.80 0.12%

Nifty Nifty
28-Dec-2017 25-Jan-2017
10,383.90 10,420.00
-16.80 -0.16% -16.00 -0.15%

Sector Indices

Today
Index LTP % Change High Low
Nifty PSU Bank 4,001.45 165.70 (4.32%) 4,067.25 3,786.90
Nifty FMCG 25,920.55 194.40 (0.76%) 26,010.20 25,706.35
Nifty Media 3,186.35 17.85 (0.56%) 3,200.35 3,040.95
Nifty Financial Services 10,407.05 45.25 (0.44%) 10,434.85 10,331.70
Nifty Metal 3,865.70 15.95 (0.41%) 3,893.55 3,814.80
Nifty Realty 306.30 0.05 (0.02%) 311.90 303.80
Nifty IT 11,222.55 -25.90 (-0.23%) 11,272.00 11,151.10
Nifty Auto 11,185.50 -57.00 (-0.51%) 11,241.85 11,093.70
Nifty Energy 13,862.85 -147.85 (-1.06%) 14,003.90 13,797.50
Nifty Pharma 9,311.50 -124.35 (-1.32%) 9,484.10 9,262.50

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Friday, 10th November 2017
Nifty View
NIFTY
10321.75 12.80 (0.12%)
Nov 10, 16:10 Intraday 52 Week
OPEN 10,304.35 HIGH 10,344.95 10,490.45

P. CLOSE 10,308.95 LOWS 10,254.10 7,893.80

R2 10396

R1 10358

Pivot 10305

S1 10268

S2 10216

Jus ca on & Comments:

Benchmark indices Ni y ended vola le session mildly higher on Friday a er GST Council mee ng, but posted 1 percent
loss for the week. Investors awaited September industrial output and October CPI ina on data due on coming Monday.
The Ni y50 which opened with a slight gap on the downside on Friday managed to recoup most of the losses as bull
pushed the index back above 10300 towards the close of the trade. The 50-share NSE Ni y gained 12.80 points at
10,321.80 amid earnings.

Technical Study:

The Ni y50 bounced back a er retes ng its crucial 21-days exponen al moving average (DEMA) placed at 10,266 for
second consecu ve day in a row which indicates the forma on of a bo om, which s ll requires conrma on.Albeit
market remained choppy and vola le for the day key take away from intraday price behavior can be the fact that markets
recovered and closed at the higher end of the trading range to register Hammer kind of forma on.

Traders should not make decisions based on one candles ck pa ern and wait for further conrma on. A posi ve close in
the next trading session could conrm the bo om. Investors with long posi ons should con nue with long bets with a stop
below 10,240.

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Friday, 10th November 2017
Bank Nifty View
Bank Nifty
25498.95 207.60 (0.82%)
Nov 10, 16:10
Intraday 52 Week
OPEN 25,250.90 HIGH 25,598.55 25,695.75
P. CLOSE 25,291.35 LOWS 25,237.20 17,606.90

R2 25800

R1 25650

Pivot 25445

S1 25290

S2 25080

Jus ca on & Comments:

In Friday's trading session Bank Ni y opened on a gap up note and traded with posi ve movement throughout the day.
Banks led the charge today, PSU Bank (up 4.3 percent) was biggest gainer among sectoral indices with the Ni y Bank
rising 0.82 percent. Bank Ni y index to closed at 25498 with gaining of 207 points.

Technical Study:

We believe the index has shown a good sustainability above 25000 levels and On the daily chart, the index has managed
to hold on to the previous breakout levels around 25080-25200 and a er forming a Doji candles ck pa ern it con nued
its bearish rally & For the coming session, index may con nue to its bull run.

Important Pivot level, which will act as a crucial support level for the index, is placed at 25,290 followed by 25,080 On the
upside, key resistance levels are 25,650 and 25,800.

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Friday, 10th November 2017

Most Active-Nifty 50

Company Name LTP Change Value

SAIL 81.20 3.64% 219.85

Punjab Natl.Bank 190.10 -1.14% 501.25

Bank of Baroda 169.80 2.57% 336.53

Ashok Leyland 111.95 -2.95% 187.02

Idea Cellular 97.00 0.36% 135.55

Top Gainers/ Losers-Nifty 50


Top Gainers -Nifty 50 Top Losers-Nifty 50
Company Name LTP Change Company Name LTP Change

St Bk of India 333.55 19.85 (6.33%) Aurobindo Pharma 740.10 -49.30 (-6.25%)

Larsen & Toubro 1,264.95 49.05 (4.03%) Tata Motors 422.55 -17.60 (-4.00%)

Hind. Unilever 1,290.65 37.75 (3.01%) HPCL 416.85 -14.70 (-3.41%)

M&M 1,392.95 31.65 (2.32%) Bosch 20,457.05 -669.15 (-3.17%)

ICICI Bank 318.50 7.20 (2.31%) BPCL 512.10 -10.05 (-1.92%)

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Friday, 10th November 2017

Position Built Up
Long Built Up Stock Future
Contract Name LTP(Rs.) CHG(%) OI Volume
GRASIM - 30-Nov-2017 1,254 1.58 3,344,250 1,179,000
AXISBANK - 30-Nov-2017 550.1 1.28 49,623,600 23,454,000
DIVISLAB - 30-Nov-2017 1,020 0.37 3,966,400 4,880,000
CENTURYTEX - 30-Nov-2017 1,356.05 0.59 7,326,550 1,990,450
CEATLTD - 30-Nov-2017 1,752.5 1.83 2,281,650 2,106,300

Short Built Up Stock Future

Contract Name LTP(Rs.) CHG(%) OI Volume


TATASTEEL - 30-Nov-2017 706.3 -0.01 28,659,000 12,205,000
OFSS - 30-Nov-2017 3,655.55 -0.52 87,150 145,800
SUNTV - 30-Nov-2017 873.5 -1.36 5,437,000 4,531,000
RAYMOND - 30-Nov-2017 955 -1.31 4,255,200 1,318,400
GODREJCP - 30-Nov-2017 967 -1.41 2,533,600 501,600

Long Unwinding Stock Future

Contract Name LTP(Rs.) CHG(%) OI Volume


RBLBANK - 30-Nov-2017 512.1 -0.24 5,789,000 872,000
JISLJALEQS - 30-Nov-2017 95.5 -8.87 47,862,000 9,738,000
NIITTECH - 30-Nov-2017 628.4 -5.45 930,000 780,000
MUTHOOTFIN - 30-Nov-2017 485 -1.74 2,155,500 1,315,500
RCOM - 30-Nov-2017 13.85 -7.67 114,114,000 14,560,000

Short Covering Stock Future


Contract Name LTP(Rs.) CHG(%) OI Volume
CONCOR - 30-Nov-2017 1,350.05 0.19 1,211,875 235,000
LICHSGFIN - 30-Nov-2017 588.65 0.34 14,912,700 4,380,200
JUBLFOOD - 30-Nov-2017 1,664.85 0.27 1,497,000 1,429,500
UBL - 30-Nov-2017 1,120 1.26 2,315,600 1,414,700
ADANIENT - 30-Nov-2017 157 0.83 30,200,000 18,300,000

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
24 Carat Call Friday, 10th November 2017

Range 414.85 - 435.40


Hindustan Petroleum Corpora on Limited (NSE:HINDPETRO) 52 week 269.30 - 492.80
416.90 -14.65 (-3.39%) Open 433.00
Nov 10 - Close Vol. 6.16M
Currency in INR Mkt cap 632.52B
P/E 46.61
Hindustan Petroleum Corporation Limited is a holding company. The Company is engaged in the business of refining of crude oil and marketing of petroleum products. It
operates through two segments: Downstream, and Exploration and Production of Hydrocarbons. The Downstream segment engages in refining, marketing and
transportation of petroleum products. It offers motor spirit, high-speed diesel and liquefied petroleum gas (LPG). Its products and services include aviation turbine fuel;
bulk fuels and petroleum products that are marketed to industrial consumers; LPG (HP Gas); Lubes (HP Lubes), and product pipelines. It has refineries at Mumbai and
Vishakhapatnam, LPG bottling plants and Lube blending plants. Its refineries upgrade the crude petroleum into various products and over 300 grades of lubricants,
specialties and greases. The Company's marketing infrastructure includes a network of installations, depots, retail outlets, aviation service stations and LPG distributors.

R2 445

R1 432

Pivot 424

S1 412

S2 404

Jus ca on & Comments:

Hindustan Petroleum Corpora on Limited is looking bearish on daily charts.


Stock has breached its major support levels of 422 on daily chart & trading below this levels.

Technical Study:

Hindustan Petroleum Corpora on Limited is now trading below its 21 , 50 & 100 days moving averages on daily chart.
Stock has formed double top price pa ern on higher levels daily chart.
Stock has crossed its major resistance levels of 1650 on daily chart and trading above this levels.
A er analyzing the technical aspect of the stock further down side movement can be seen in the stock.

SELL HINDPETRO NOV FUT AROUND 422-420 TARGET 412/404 STOP LOSS 428
BUY HINDPETRO 420 NOV PUT OPTION AROUND 13-14 TARGET 18/22 STOP LOSS 10

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
24 Carat Call Friday, 10th November 2017

Range 1,244.30 - 1,299.25


Hindustan Unilever Ltd (NSE:HINDUNILVR) 52 week 781.95 - 1,299.25
1,292.00 +39.10 (3.12%) Open 1,254.65
Nov 10 - Close Vol. 1.93M
Currency in INR Mkt cap 2.79T
P/E 172.52
Hindustan Unilever Limited is engaged in fast-moving consumer goods business comprising home and personal care, foods and refreshments. The Company's segments
are Soaps and Detergents, which includes soaps, detergent bars, detergent powders, detergent liquids and scourers; Personal Products, which includes products in
categories of oral care, skin care (excluding soaps), hair care, deodorants, talcum powder, color cosmetics and salon services; Beverages, which includes tea and
coffee; Packaged Foods, which includes branded staples (atta, salt and bread), culinary products (tomato-based products, fruit-based products and soups) and frozen
desserts, and Others that includes exports, chemicals, water business and infant care products. The Others segment also includes export sale of marine and leather
products. Its brands include Lux, Surf excel, Rin, Wheel, Fair & Lovely, Pond's, Vaseline, Lakme, Dove, Clinic Plus, Sunsilk, Axe, Brooke Bond, Bru, Knorr, Kissan,
Kwality Wall's and Pureit.

R2 1330

R1 1313

Pivot 1280

S1 1262

S2 1230

Jus ca on & Comments:

Hindustan Unilever Ltd is looking bullish in daily chart.


Stock has crossed its major resistance levels of 1280 and trading above this levels on daily chart & fresh buying was
observed in the stock in last trading session.

Technical Study:

Stock is trading above its key moving averages 21,50 & 100 days which is also conrming that stock is in bullish trend.
Stock has formed triangle price pa ern on daily chart.
Key indicator MACD Histogram is turning in posi ve territory and palced around 0.35
A er analyzing the technical aspect of the stock further up side movement can be seen in the stock.

BUY HINDUNILVR NOV FUT AROUND 1290-1295 TARGET 1315/1330 STOP LOSS 1275
BUY HINDUNILVR 1320 NOV CALL OPTION AROUND 15-17 TARGET 25/35 STOP LOSS 8
Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Friday, 10th November 2017

FII DERIVATIVES STATISTICS


As on 9th Nov 2017

Buy Sell OI(Open Interest) AT THE END OF THE DAY


No. of contracts Amt. in Crs No. of contracts Amt. in Crs No. of contracts Amt. in Crs
Index Futures 23398 1964.1 38239 3076.46 347967 27688.53
Index Options 752274 68820.0 733801 67038.4 1086706 86241.14
Stock Futures 101020 7094.23 115817 8080.66 995459 69382.84
Stock Options 100971 7225.94 101403 7299.46 115890 8183.36

FII/DII Activity 9/11/2017 Summary

Derivative Segment:

Index Futures: -1112.36 Crs

Index Options: 1781.59 Crs

Stock Futures: -986.43 Crs

Stock Options: -73.52 Crs

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Friday, 10th November 2017
24 Carat Calls Performance
Our Previous Recommendation
Date Call Lot Target/SL P&L
1 Nov 2017 BUY INDIANBANK NOV FUT AROUND 324-325 TARGET 330/334 STOP LOSS 320 2 TG ACHIEVED +36,000/-
1 Nov 2017 BUY INDIANBANK 340 NOV CALL OPTION AROUND 15-16 TARGET 19/22 STOP LOSS 12 2 TG ACHIEVED +24,000/-
1 Nov 2017 BUY MUTHOOTFIN NOV FUT ABOVE 518 TARGET 524/530 STOP LOSS 512 2 SL TRIGGERED -18,000/-
1 Nov 2017 BUY MUTHOOTFIN 540 NOV CALL OPTION AROUND 14-15 TARGET 19/23 STOP LOSS 11 2 SL TRIGGERED -12,000/-
2 Nov 2017 BUY RECLTD NOV FUT AROUND 179-179.50 TARGET 182/184 STOP LOSS 177.50 2 TG ACHIEVED +30,000/-
2 Nov 2017 BUY RECLTD 190 NOV CALL OPTION AROUND 4.5-5 TARGET 6/7 STOP LOSS 3.5 2 TG ACHIEVED +18,000/-
2 Nov 2017 SELL APOLLOTYRE NOV FUT BELOW 236 TARGET 233/230 STOP LOSS 239 2 CLOSED @ NEAR -4,200/-
2 Nov 2017 BUY APOLLOTYRE 230 NOV PUT OPTION AROUND 4.5-5 TARGET 7/9 STOP LOSS 3 2 TG ACHIEVED +12,000/-
3 Nov 2017 SELL HEROMOTOCO NOV FUT BELOW 3700 TARGET 3670/3640 STOP LOSS 3730 2 SL TRIGGERED -12,000/-
3 Nov 2017 BUY HEROMOTOCO 3650 NOV PUT OPTION AROUND 48-50 TARGET 65/80 STOP LOSS 35 2 CLOSED @ 58 +4,000/-
3 Nov 2017 BUY SUNTV NOV FUT AROUND 874-876 TARGET 888/898 STOP LOSS 868 2 TG ACHIEVED +48,000/-
3 Nov 2017 BUY SUNTV 900 NOV CALL OPTION AROUND 29-30 TARGET 35/40 STOP LOSS 24 2 TG ACHIEVED +20,000/-
4 Nov 2017 BUY VGUARD NOV FUT ABOVE 234.60 TARGET 237/240 STOP LOSS 231 2 SL TRIGGERED -15,000/-
4 Nov 2017 BUY VGUARD 240 NOV CALL OPTION AROUND 6.5-7 TARGET 9/11 STOP LOSS 5 2 SL TRIGGERED -9,000/-
4 Nov 2017 BUY JUBLFOOD NOV FUT AROUND 1665-1670 TARGET 1690/1710 STOP LOSS 1645 2 SL TRIGGERED -20,000/-
4 Nov 2017 BUY JUBLFOOD 1700 NOV CALL OPTION AROUND 42-45 TARGET 60/70 STOP LOSS 35 2 CLOSED @ COST NIL

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
24 Carat Calls Monthly Performance - Checked By

Months Prot & Loss


September 2017 Rs. 4,53,400/-
October 2017 Rs. 5,50,700/-
November 2017 Rs. 1,15,800/-*
December 2017

January 2018

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

Whatsapp 9111015608 Support No. 9826169053 Website www.24cn.com

Sebi Reg. No.:- INH000003358


604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA

You might also like