Equity Premium Daily Journal

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Sebi Reg. No.:- INH000003358

Tuesday, 10th
October 2017

NIFTY 50 10017.00 28.25 0.28

SENSEX 31924.41 77.52 0.24

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Market Wrap Tuesday, 10th October 2017

Closing Commentary: Mid-caps on a hot streak

In todays trade, markets con nued to inch higher as the broader markets outperfor
med. Ni y midcap index closed ~1% higher and managed to close at the highest point
since September 21.

Advance/Decline ra o favoured bulls as market breadth remained robust. Ni y and

Bank Ni y Index ended in green pos ng ~0.2%/~0.3 gains.

Ni y/ Bank futures contract con nued to add fresh open interest to the tune of ~7.97/0.71 lakh shares, mainly long
posi ons. Tracking the op ons front, marginal hint of short unwinding was witnessed in Bank Ni y ITM call op ons
strike as the index marched higher.

Ni y: +28points @ 10016.
Bank Ni y: +95 points @ 24347
Top 2 F&O Gainer: BIOCON, SUZLON ENERGY.
Top 2 F&O Loser: SOUTH INDIAN BANK, PC JEWELLER.
Most Ac ve Index Op on Contract:
Call Op on: 10100CE, O.I: ~2 lakh shares
Put Op on: 10000PE, O.I: ~6 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: UPL (+4%), Lupin, Airtel (+2%). Losers: Eicher, Ambuja (-1%).

Lupin launches generic Norco tablets in the US. Stock up 2%.

Ni y Realty Index dips 1%. Sobha (-4%), Unitech, Oberoi Realty (-1.5%), Godrej Prop, DLF, HDIL (-1%).

Biocon stock zooms 7% on complete response le er for proposed biosimilar peglgras m.

Cochin Shipyard bags order worth Rs 5,400 cr from Indian Navy. Stock rallies 11%.

South Indian Bank stock falls 6% a er Q2 FY18 PAT declines 96% at Rs 4 Cr. Net NPA at 2.57% vs 2.54% (QoQ).

BoB to raise Rs 1,650 Cr from bonds. Stock ends marginally up.

Ujaas Energy gains 7% on order win from Assam Energy Development Agency.

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Market Action
4:36 PM
Indian markets close with minor gains
Shares of Apex foods have hit the upper
limit today for the 5th day in a row. The
stock has more than doubled in value in
the last 25 trading sessions
12:57 PM
European markets open to minor losses
European markets open to minor losses;
DAX & CAC down by ~0.2%. Indian markets
down continue to make marginal gains;
Nifty at 10014 (+14 pts).
11:02 AM
Lupin gains on FDA nod for Hypertension
Drug
Shares of Lupin have moved up by ~2%,
after the Company recieved an FDA Nod
for the production of a hypertension drug.
10:47 AM
Pharma stocks move up
Shares of Pharma Companies have moved
up ; Lupin (+2.32%) Coal Indian (+1.49%).
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Tuesday, 10th October 2017
3:27 PM
Apex Foods hits upper limit for 5th time
Shares of Apex foods have hit the upper
limit today for the 5th day in a row. The
stock has more than doubled in value in the
last 25 trading sessions.
11:04 AM
Infosys sets record date for buyback
Shares of Infosys have gone up by ~1%,
after the Company set the record date for
its buyback on 1st November.
10:58 AM
Energy stocks witness drop
Energy stocks have witnessed a minor drop
in the opening trade; HPCL & BPCL drop
by ~1%.
10:44 AM
Indian markets open to marginal gains
Indian markets open to marginal gains;
Nifty remains a above the 10K mark;
moves up by 22 pts.
Key Indices Tuesday, 10th October 2017

Index Today
LTP % Change High Low
Nifty 50 10,016.95 28.20 (0.28%) 10,034.00 10,002.30
Bank Nifty 24,347.45 95.55 (0.39%) 24,379.75 24,273.65
Nifty Next 50 28,391.60 172.45 (0.61%) 28,430.10 28,302.90
Nifty 100 10,392.00 34.05 (0.33%) 10,409.00 10,375.40
Nifty 200 5,450.45 21.55 (0.40%) 5,458.10 5,439.85
Nifty 500 8,836.40 38.10 (0.43%) 8,848.60 8,816.55
Nifty Midcap 100 18,678.65 154.40 (0.83%) 18,702.35 18,567.35
Nifty Smallcap 100 7,958.35 63.90 (0.81%) 7,964.30 7,906.55
Advance/ Decline
Index Advance Decline
Nifty 50 32 18
Nifty Next 50 32 18
Nifty 100 64 37
Nifty 200 132 68
Nifty 500 305 189

Sector Indices
Today
Index LTP % Change High Low
Nifty Energy 13,380.20 102.35 (0.77%) 13,417.45 13,280.45
Nifty IT 10,726.20 46.00 (0.43%) 10,771.95 10,712.05
Nifty Media 3,063.25 11.35 (0.37%) 3,073.50 3,040.75
Nifty Pharma 9,530.30 24.60 (0.26%) 9,608.90 9,506.75
Nifty Auto 11,029.85 24.05 (0.22%) 11,065.60 11,013.75
Nifty Financial Services 10,019.65 17.30 (0.17%) 10,035.80 9,992.30
Nifty PSU Bank 3,104.20 3.50 (0.11%) 3,118.45 3,092.05
Nifty Metal 3,721.55 3.70 (0.10%) 3,749.50 3,691.55
Nifty FMCG 25,204.85 -81.50 (-0.32%) 25,339.15 25,141.10
Nifty Realty 282.50 -2.45 (-0.86%) 286.55 281.90

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Index Pullers & Draggers Tuesday, 10th October 2017

Index Pullers Index Draggers

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

Reliance Inds. 843.20 12.55 (1.51%) 10.65 ITC 266.20 -1.80 (-0.67%) -4.01

Infosys 935.45 11.55 (1.25%) 5.92 ICICI Bank 269.80 -1.95 (-0.72%) -3.27

HDFC Bank 1,802.701,802.707.20 (0.40%) 3.80 Hind. Unilever 1,209.20 -11.05 (-0.91%) -2.07

Axis Bank 514.55 8.60 (1.70%) 3.74 HDFC 1,744.75 -4.95 (-0.28%) -2.06

IndusInd Bank 1,725.15 25.65 (1.51%) 3.34 Vedanta 321.00 -3.00 (-0.93%) -1.46

Stocks Showing Activity

Top Gainers -Nifty 500 Top Losers-Nifty 500

Company Name LTP Change Company Name LTP Change

JM Financial 177.85 22.95 (14.82%) South Ind.Bank 30.05 -1.95 (-6.09%)

Deepak Fert. 435.55 40.45 (10.24%) Sobha 437.45 -22.55 (-4.90%)

Adani Transmissi 193.15 17.55 (9.99%) PC Jeweller 363.85 -16.80 (-4.41%)

Religare Enterp. 54.80 4.95 (9.93%) Welspun India 68.00 -2.50 (-3.55%)

Sterlite Tech. 243.90 21.70 (9.77%) Eveready Inds. 330.65 -10.35 (-3.04%)

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52-Week High-Low Tuesday, 10th October 2017

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

Company Name LTP Change Company Name LTP Change

JM Financial 177.85 22.95 (14.82%) Rel. Comm. 16.70 -0.15 (-0.89%)

Deepak Fert. 435.55 40.45 (10.24%) Shilpi Cable 15.45 0.70 (4.75%)

Adani Transmissi 193.15 17.55 (9.99%)

HSIL 454.85 38.65 (9.29%)

GNFC 415.90 26.85 (6.90%)

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 Tuesday, 10th October 2017

NIFTY
10016.95 28.20 (0.28%)
Oct 10, 16:00
Intraday 52 Week
OPEN 10,013.70 HIGH 10,034.00 10,178.95
P. CLOSE 9,988.75 LOWS 10,002.30 7,893.80

R2 10050

R1 10032

Pivot 10015

S1 10000

S2 9985

Jus ca on & Comments

In Tuesday's trading session Benchmark Indices Ni y opened on a gap up note and traded in the posi ve territory.
However, this was followed by a long consolida on throughout the remaining part, to end the session slightly higher at
10016.95,level up 28points

As far as index ac vity is concerned, it was certainly a neutral day for our market as Index already opened gap up almost
24 points at 10013.70and remain sideways ll the end.

For the coming session, 10035-10060 would be seen as immediate hurdles; whereas, on the lower side, any sustainable
move below 9970 would result into some weakness towards 9930-9880 levels.

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 Bankl Nifty Spot View Tuesday, 10th October 2017

NIFTY BANK
24347.45 95.55 (0.39%)
Oct 10, 16:00
Intraday 52 Week
OPEN 24,304.80 HIGH 24,379.75 25,198.80
P. CLOSE 24,251.90 LOWS 24,273.65 17,606.90

R2 24440

R1 24393

Pivot 24333

S1 24285

S2 24225

Jus ca on & Comments

In Tuesdays trading session Bank Ni y opened on a gap up note and traded with posi ve movement & closed at 24347,
level up 95.55.

Post a consolida on phase last week; the Ni y Bank index gave a breakout above the resistance of 24300 in the rst hour
of the trade and made a high of 24379.75. However, the index lacked some momentum in second half of the market &
closed above 24340.

Ni y bank Index is trading above its 21,50 & 100 days moving averages.
On higher side, the index could move upto the range of 24400-24450, whereas levels around 24250 and 24150 are now
supports for short-term

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 24 CaratCall Tuesday, 10th October 2017

Range 123.30 - 126.90

Ashok Leyland Ltd (NSE:ASHOKLEY) 52 week 73.50 - 126.90
126.50 +2.70 (2.18%) Open 123.80
Oct 10 - Close Vol. 9.90M
Currency in INR Mkt cap 370.36B
P/E
Ashok Leyland Limited is a holding company. The Company is engaged in Commercial vehicles and related components. Through its subsidiaries, it is engaged in
manufacturing and trading in Medium and Heavy Commercial Vehicle, Light Commercial Vehicles, Passenger vehicles, automotive aggregates, vehicle financing
and engineering design services. It offers a range of 18 to 80-seater buses under categories, such as city application and electric buses. It offers a range of trucks,
which include long haul trucks, mining and construction trucks, and distribution trucks. It designs, develops and manufactures defense vehicles for armed forces. It
offers Light Vehicles, which include DOST, PARTNER, STiLE and MiTR. It offers power solutions for electric power generation, agricultural harvester combines,
earth moving and construction equipment, and marine and other non-automotive applications. It has operations in India, Sri Lanka, Bangladesh, Mauritius, the
Middle East and Africa.
R2 129.15

R1 127.80

Pivot 125.55

S1 124.20

S2 121.95

Jus ca on & Comments

Ashok Leyland Ltd (NSE:ASHOKLEY) Looks bullish on Daily charts
Stock Long Term, Short Term and Intermediate Trend is up, Chart structure is posi ve
It is forming higher highs and higher Lows on the Daily Charts
It has seen breakout from pennant Price Pa en (Refer to Chart a ached)
Managed to Close above immediate Resistance levels of 125.5
Firmly Trading above key Moving Averages: 100 EMA, 50EMA, 21EMA
Momentum Indicator MACD Histogram Trading in Posi ve Zone
Upsurge in the volumes has been seen with increase in prices, Also Ashok Leyland Future Open Interest was up 5.95%
with increase in Price
Looking at the Chart Structure, Price ac on, Future Data, Moving Averages, and volumes Stock looks bullish, We suggest
fresh buying in the next intraday trading session.

BUY ASHOKLEY @ 126- 126.5 TARGET 129/ 132 STOP LOSS 123 (QTY: 7000)

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 24 CaratCall Tuesday, 10th October 2017

Range 341.00 - 349.00

Motherson Sumi Systems Limited (NSE:MOTHERSUMI) 52 week 185.57 - 349.40
348.75 +8.90 (2.62%) Open 341.25
Oct 10 - Close Vol. 1.69M
Currency in INR Mkt cap 733.90B
P/E 47.44
Motherson Sumi Systems Limited is a system solutions provider to automotive and other industries, offering services from design and prototyping to production and
delivery of solutions across a range of products. The Company's segments are Automotive, which includes product categories, such as wiring harness, high tension
cords, wire, plastic components, rubber components, cockpit assembly, scuff plates, thermo-formed products, mold for wiring harness components and mold parts,
heating, ventilation and air conditioning (HVAC) modules, plastic molded components and brass terminals, and Non-Automotive, which includes product categories,
such as wiring harness, plastic components for white goods, household wires, plates and aerobin. It also has a presence in a range of other polymer, Re-timer light
device, elastomer and metal-based parts and systems. The Company caters to a range of customers in the automotive and other industries across Asia, Europe,
the Americas, Australia and Africa.

R2 353.6

R1 350.3

Pivot 345.6

S1 342.3

S2 337.6

Jus ca on & Comments:

Motherson Sumi Systems Limited (NSE:MOTHERSUMI) looks bullish on Daily charts

Stock heading towards 52 Week High placed at 349.40
Stock Managed near immediate resistance of 347.5
Further upside can be seen if stock sustains above 347.5
Key Momentum Oscillator MACDH (21, 50) entered Posi ve zone on daily chart
Stock rmly trading above Key Moving averages: 21 EMA, 50 EMA & 100 EMA on daily Chart
Looking to the technical Indicators, Moving Averages. We suggest buying the stock for next intraday trading session

BUY MOTHERSUMI ABOVE 349.5 TARGETS 353/ 356.5 STOP LOSS 346 (QTY: 3750)

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FII And DII Activity Updated till 9th October 2017 Tuesday, 10th October 2017

FII RS CRORES
Date Gross Purchase Gross Sales Net Purchase/ Sales
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
03-Oct-2017 5770.20 6463.23 -693.03
Total 19,419.80 22,916.98 -3,497.18
DII RS CRORES
Date Gross Purchase Gross Sales Net Purchase/ Sales
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
03-Oct-2017 3803.19 2250.78 1,552.41
Total 16,126.98 12,175.50 3,951.48

FII And DII Activity Updated till 9th 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 79,160.50 21,025.53
August 2017 70,219.04 70,219.04 16,205.22
July 2017 67,911.76 67,911.76 16,205.22
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Diamond Call Performance & Prot Tuesday, 10th 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

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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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