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Derivative Premium Daily Journal


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Wednesday, 11th October 2017

NIFTY 50 9984.80 -32.15 -0.32%

SENSEX 31833.99 -90.42 -0.28%

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

604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Wednesday, 11th October 2017
Derivatives Market

Nifty Bank Nifty


26-Oct-2017 26-Oct-2017

9,981.55 24,085.10
-54.15 -0.54% -289.05 -1.19%

Nifty Nifty
30-Nov-2017 28-Dec-2017
10,015.00 10,047.45
-52.40 -0.52% -55.80 -0.55%

Sector Indices

Today
Index LTP % Change High Low
Nifty IT 10,785.25 59.10 (0.55%) 10,811.05 10,720.45
Nifty Energy 13,389.95 9.75 (0.07%) 13,557.90 13,349.40
Nifty FMCG 25,187.50 -17.35 (-0.07%) 25,315.10 25,078.50
Nifty Financial Services 9,958.00 -61.65 (-0.62%) 10,077.30 9,935.05
Nifty Auto 10,960.30 -69.55 (-0.63%) 11,095.35 10,912.45
Nifty Pharma 9,441.15 -89.15 (-0.94%) 9,586.85 9,385.15
Nifty Metal 3,668.45 -53.10 (-1.43%) 3,750.60 3,637.35
Nifty Media 3,004.55 -58.70 (-1.92%) 3,076.85 2,979.95
Nifty Realty 277.05 -5.45 (-1.93%) 285.50 275.45
Nifty PSU Bank 3,029.65 -74.55 (-2.40%) 3,126.15 3,019.40

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Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Market Today Wednesday, 11th October 2017

Nifty snap 3-day winning streak amid geopolitical tension


The Indian equity markets have erased all its early gains and have slipped in the red
a er reports stated that media reports stated that US warship entered Chinese waters.

There were also reports that President Donald Trump discussed a "range of op ons"
with top military advisors to reply to North Korea's hos lity and avert it from
in mida ng the US.

Bank Ni y led the decline, as it fell over 1%. PSU banking stocks were the top laggards led by SBI and Bank of Baroda. Even
private bank majors like ICICI Bank, HDFC Bank and Kotak bank ended with losses.

HDFC Bank, Reliance Industries, ITC and Infy were the top contributors to the fall in the Ni y.

Barring the IT index all the other sectoral indices ended in the red.
Following were the top gainers in the IT index.
Symbol LTP % Chng
NIFTY IT 10,785 0.6
TCS 2,500 1.7
WIPRO 291 1.4
HCLTECH 910 1.2
Immediate support for Ni y is seen around the 9940 mark which is the 21-DMA.

Buzzing Stocks
Closing Bell: Gainers: Airtel (+5.5%), HPCL (+4%), Infratel (+3%). Losers: Yes Bank (-3%), SBI, Vedanta (-2%).

BSE Telecom Index up 3%. Airtel (+5%), Infratel (+3%).

Ni y PSU Bank Index slips over 2%. Andhra Bank, Syndicate Bank (-5%), Union Bank, PNB (-4%), SBI, BoB (-2%).

Lakshmi Vilas Bank Q2 FY18 (YoY): PAT at Rs 10.5 Cr vs Rs 65 Cr (-84%). NII at Rs 233 Cr vs Rs 187 Cr (+25%).

SREI Infra stock gains 2% on joint venture with CBL Corp to oer surety & guarantee products.

Sical Logis cs stock jumps 4% on proposal to acquire stake in subsidiary company.

Goa Carbon stock shines 3% a er Q2 FY18 numbers.

Infratel stock gains 3% on report KKR-led consor um may buy company.

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Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Wednesday, 11th October 2017
Nifty View

NIFTY
9984.80 -32.15 (-0.32%)
Oct 11, 16:00
Intraday 52 Week
OPEN 10,042.60 HIGH 10,067.25 10,178.95
P. CLOSE 10,016.95 LOWS 9,955.80 7,893.80

R2 10115

R1 10050

Pivot 10002

S1 9930

S2 9890

Jus ca on & Comments


In Wednesday's trading session Benchmark Indices Ni y opened on a gap up note and traded in the posi ve territory for
rst half of the market. However, The market wiped out morning gains in last couple of hours of trade and ended lower
as investors turned cau ous ahead of September CPI ina on and August industrial output data due on Thursday. The
cut in Indias growth forecast by World Bank also dampened sen ment. Ni y-50 index closed below 10000 levels at
9984.80 level down 32.15.

In last couple of days, the overall intraday ac vity in index has shrunk dras cally; leading to forma on of Doji on daily
chart in last two days which were also indica ng some kind of indecisiveness in the index and today index made a strong
bearish candle. Ni y-50 is taking support from its 21 & 50 days moving averages on daily chart.

For the coming session, 10030-10070 would be seen as immediate hurdles; whereas, on the lower side, any sustainable
move below 9950 would result into some weakness towards 9910-9870 levels.

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Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Wednesday, 11th October 2017
Bank Nifty View

NIFTY BANK
24107.45 -240.00 (-0.99%)
Oct 11, 16:00
Intraday 52 Week
OPEN 24,411.45 HIGH 24,460.25 25,198.80
P. CLOSE 24,347.45 LOWS 24,054.25 17,606.90

R2 24610

R1 24360

Pivot 24210

S1 23950

S2 23800

Jus ca on & Comments

In Wednesdays trading session Bank Ni y opened on a gap up note and traded with posi ve movement for rst half of
the market but in second half strong selling was seen in Index. Bank Ni y fell over 1% & closed at 24107 level down 240.
PSU banking stocks were the top laggards led by SBI and Bank of Baroda. Even private bank majors like ICICI Bank, HDFC
Bank and Kotak bank ended with losses.

Ni y Bank index has formed a strong bearish candle on daily chart as index lost its two days gain in just 2 hours of trading
indica ng strong bearish move in index in next session as Bank Ni y index now trading below its 21 & 50 days moving
averages.

The support for the Ni y Bank index is now placed around 24000 and 23800 whereas the resistance is seen in the range
of 24250-24350.

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Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Wednesday, 11th October 2017

Most Active-Nifty 50

Company Name LTP Change Value

Coal India 282.95 -0.95% 483.94

St Bk of India 251.75 -2.02% 357.30

ICICI Bank 267.60 -0.82% 339.53

Hindalco Inds. 249.50 -1.01% 244.49

HPCL 455.00 4.23% 435.77

Top Gainers/ Losers-Nifty 50


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

Bharti Airtel 403.55 18.95 (4.93%) Yes Bank 363.00 -9.90 (-2.65%)

HPCL 455.00 18.45 (4.23%) Vedanta 313.40 -7.60 (-2.37%)

Bharti Infra. 410.50 10.65 (2.66%) St Bk of India 251.75 -5.20 (-2.02%)

IOCL 418.10 7.25 (1.76%) Tata Motors 415.50 -8.10 (-1.91%)

TCS 2,500.35 41.10 (1.67%) Indiabulls Hous. 1,260.40 -21.50 (-1.68%)

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

Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Wednesday, 11th October 2017

Position Built Up
Long Built Up Stock Future
Contract Name LTP(Rs.) CHG(%) OI Volume
HINDUNILVR - 26-Oct-2017 1,215 0.25 9,813,000 1,683,600
CHENNPETRO - 26-Oct-2017 427.2 0.31 2,466,000 3,039,000
SUNPHARMA - 26-Oct-2017 529 0.02 39,784,800 8,404,800
NATIONALUM - 26-Oct-2017 81.7 0.62 24,048,000 19,456,000
WIPRO - 26-Oct-2017 291.25 1.23 32,085,600 3,979,200

Short Built Up Stock Future

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


BALKRISIND - 26-Oct-2017 1,676.35 -1.43 506,400 368,400
MUTHOOTFIN - 26-Oct-2017 480.3 -2.46 2,259,000 1,375,500
INDIANB - 26-Oct-2017 269.5 -2.99 3,676,000 1,872,000
ADANIPORTS - 26-Oct-2017 396.9 -0.10 8,730,000 6,285,000
NTPC - 26-Oct-2017 175 -0.14 28,072,000 6,716,000

Long Unwinding Stock Future

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


MCX - 26-Oct-2017 1,100.2 -0.99 1,119,500 906,500
RCOM - 26-Oct-2017 16.15 -3.58 117,012,000 23,170,000
RAMCOCEM - 26-Oct-2017 690.5 -1.17 436,800 204,800
ESCORTS - 26-Oct-2017 690 -1.51 3,489,200 3,199,900
DIVISLAB - 26-Oct-2017 862.9 -2.97 5,579,200 3,409,600

Short Covering Stock Future


Contract Name LTP(Rs.) CHG(%) OI Volume
JSWENERGY - 26-Oct-2017 80 0.82 69,717,000 12,435,500
MCDOWELL-N - 26-Oct-2017 2,410 1.27 1,953,250 906,500
TATAGLOBAL - 26-Oct-2017 210.05 0.19 29,520,000 36,315,000
HDFC - 26-Oct-2017 1,751.4 0.15 11,873,500 2,222,500
IGL - 26-Oct-2017 1,520 1.66 1,209,450 3,161,400

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Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
24 Carat Call Wednesday, 11th October 2017

Range 236.00 - 244.35


Apollo Tyres Ltd (APOLLOTYRE 26 OCT FUT) 52 week 171.60 - 288.45
237.70 -4.55 (-1.88%) Open 242.90
Oct 11 - Close Vol. 2.98M
Currency in INR Mkt cap 121.07B
P/E 13.88
Apollo Tyres Limited is engaged in manufacturing and sale of automotive tires. The Company's segments include India, Europe and Others. The Indian segment
includes manufacturing and sales operations through India. The European segment includes manufacturing and sales operations through the plant at the Netherlands
along with its subsidiaries. The Others segment includes the subsidiary in the United Arab Emirates, South Africa, Thailand and other operating subsidiaries. It
manufactures tires, tubes and flaps. Its products include Passenger Vehicle, including ALNAC, ALNAC 4G, AMAZER 3G MAXX and AMAZER 4G; Commercial
Vehicle, including AMAR, AMAR AT-RIB, AMAR DLX, AMAR GOLD and CARGO PLUS XR; Off Highway Tyre, including AGREX 85, BHIM, DHRUV, FX 515 (ROW
CROP) and FX 525, and Two Wheeler Tyre. The Company has approximately four tire manufacturing plants, over two located in Cochin, and one each at Vadodara
and Chennai.

R2 248

R1 243

Pivot 239.50

S1 234

S2 230

Jus ca on & Comments


Apollo Tyres Ltd is looking bearish on daily charts.
Stock has breached its major support level of 245 and trading below it on daily chart.
Key Moving averages is also confrirming its nega ve trend as stock is now trading below its 21,50 & 100 days moving
averages on daily chart.
Key indicator MACD Histogram is also in nega ve zone and palced @ -1.09 indica ng further bearish move in the stock.
In next trading session further down side movement can be seen in the stock.

SELL APOLLOTYRE OCT FUT @ 240-239 TARGET 236/233 STOP LOSS 243

BUY APOLLOTYRE 235 OCT PUT OPTION @ 4.2-4.7 TARGET 5.7/9 STOP LOSS 2.5

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Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
24 Carat Call Wednesday, 11th October 2017

Range 302.20 - 317.05


Canara Bank Ltd (CANBK 26 OCT FUT) 52 week 252.20 - 416.00
303.05 -11.00 (-3.50%) Open 314.65
Oct 11 - Close Vol. 1.74M
Currency in INR Mkt cap 181.01B
P/E 9.36
Canara Bank Ltd. is an India-based bank. The Bank's segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations and Other
Banking Operations. The Bank provides personal banking, corporate banking, non-resident Indians banking, Internet banking, and micro, small and medium
enterprises (MSME) banking services. Its retail lending operations include education loans and vehicle loans. Its other services include merchant banking; depository
services; executor, trustee and taxation services, and online payment services. It handles various government business products consisting of direct and indirect tax
collections; payment of pensions of Central Government and State Government; handling of postal transactions and State Government treasury transactions; public
provident fund scheme and senior citizens' saving scheme, and issue of inflation indexed bonds of Reserve Bank of India. It has approximately 5,850 branches,
including over eight overseas branches.

R2 322

R1 312

Pivot 307.90

S1 298

S2 293

Jus ca on & Comments:

CANBANK is looking bearish on daily charts.


Stock has breached its major support level of 315 and trading below it on daily chart.
In Wednesday's trading session stock has breached is long term trend line and give closing below this trend line.
Moving averages is also showing stock is in nega ve zone as Stock is now trading below its 21& 50 days moving averages
which is also confrirming its nega ve trend.
Key indicator MACD Histogram is also in nega ve zone and palced @ -1.09
In next trading session further down side movement can be seen in the stock.

SELL CANBANK OCT FUT @ 305-304 TARGET 301/297 STOP LOSS 307
BUY CANBANK 300 OCT PUT OPTION @ 6.50-7 TARGET 9/11 STOP LOSS 4.5

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Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Wednesday, 11th October 2017

FII DERIVATIVES STATISTICS


As on 10Th October 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 6064 468.72 10477 859.68 263736 20481.29
Index Options 270111 22211.6 267617 21989.4 991070 76986.93
Stock Futures 81378 5766.73 75027 5330.75 865369 61025.08
Stock Options 50389 3879.28 49072 3775.62 69633 5235.87

FII/DII Activity 10/10/2017 Summary

Derivative Segment:

Index Futures: -390.96 Crs

Index Options: 222.199 Crs

Stock Futures: 435.98 Crs

Stock Options: 103.66 Crs

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Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Wednesday, 11th October 2017
24 Carat Calls Performance
Our Previous Recommendation
Date Call Lot Target/SL P&L
3 Oct-2017 BUY OIL OCT FUT @ 352-354 TARGET 358/364 STOP LOSS 348 2 TG ACHIEVED +18,120/-
3 Oct-2017 BUY OIL 360 OCT CALL OPTION @ 7.70-8.50 TARGET 10/12 STOP LOSS 6 2 CLOSED @ COST NIL
3 Oct-2017 BUY BAJAJFINANCE OCT FUT @ 1876-1880 TARGET 1900/1920 STOP LOSS 1855 2 CLOSED @ COST -10,000/-
3 Oct-2017 BUY BAJAJFINANCE 1900 OCT CALL OPTION @ 45-48 TARGET 60/70 STOP LOSS 35 2 CLOSED @ COST NIL
4 Oct-2017 BUY IBULHSGFIN OCT FUT @ 1252-1257 TARGET 1270/1290 STOP LOSS 1240 2 TG ACHIEVED +20,800/-
4 Oct-2017 BUY IBULHSGFIN 1280 OCT CALL OPTION @ 24-26 TARGET 34/40 STOP LOSS 18 2 TG ACHIEVED +12,800/-
4 Oct-2017 SELL BHARTIARTL OCT FUT @ 383-381 TARGET 376/370 STOP LOSS 387 2 CLOSED @ 379.30 +6,800/-
4 Oct-2017 BUY BHARTIARTL 370 OCT PUT OPTION @ 4.50-5.50 TARGET 7/10 STOP LOSS 3 2 CLOSED @ COST NIL
5-Oct-2017 BUY CENTURYTEX OCT FUT @ 1273-1276 TARGET 1295/1310 STOP LOSS 1260 2 NOT EXECUTED NIL
5-Oct-2017 BUY CENTURYTEX 1300 OCT CALL OPTION @ 26-28 TARGET 36/46 STOP LOSS 20 2 NOT EXECUTED NIL
5-Oct-2017 SELL HEROMOTOCO OCT FUT @ 3780-3770 TARGET 3720/3670 STOP LOSS 3820 2 TG ACHIEVED +20,000/-
5-Oct-2017 BUY HEROMOTOCO 3700 OCT PUT OPTION @ 40-45 TARGET 60/70 STOP LOSS 30 2 TG ACHIEVED +10,000/-
6-Oct-2017 BUY MUTHOOTFIN OCT FUT @ 490-492 TARGET 498/504 STOP LOSS 486 2 NOT EXECUTED -12,000/-
6-Oct-2017 BUY MUTHOOTFIN 500 OCT CALL OPTION @ 12-13 TARGET 17/21 STOP LOSS 8 2 NOT EXECUTED -8,250/-
6-Oct-2017 BUY BAJAJFINANCE OCT FUT @ 1920-1925 TARGET 1945/1960 STOP LOSS 1895 2 TG ACHIEVED +33,000/-
6-Oct-2017 BUY BAJAJFINANCE 1950 OCT CALL OPTION @ 42-45 TARGET 54/64 STOP LOSS 32 2 TG ACHIEVED +15,000/-
9-Oct-2017 BUY TVSMOTOR OCT FUT @ 671-673 TARGET 678/684 STOP LOSS 666 2 NOT EXECUTED NIL
9-Oct-2017 BUY TVSMOTOR 670 OCT CALL OPTION @ 15.50-16.50 TARGET 19/22 STOP LOSS 12.50 2 NOT EXECUTED NIL
9-Oct-2017 BUY CHENNPETRO OCT FUT @ 424-426 TARGET 431/435 STOP LOSS 421 2 SL TRIGGERED -15,000/-
9-Oct-2017 BUY CHENNPETRO 430 OCT CALL OPTION @ 11-12 TARGET 16/20 STOP LOSS 8 2 CLOSED @ COST NIL
10-Oct-2017 BUY IGL OCT FUT @ 1470-1475 TARGET 1490/1510 STOP LOSS 1455 2 NOT EXECUTED NIL
10-Oct-2017 BUY IGL 1500 OCT CALL OPTION @ 30-32 TARGET 42/52 STOP LOSS 22 2 NOT EXECUTED NIL
10-Oct-2017 BUY MINDTREE OCT FUT @ 490-492 TARGET 497/500 STOP LOSS 485 2 TG ACHIEVED +12,000/-
10-Oct-2017 BUY MINDTREE 500 OCT CALL OPTION @ 7.50-8.50 TARGET 13/16 STOP LOSS 5.5 2 SL TRIGGERED -7,200/-

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Sebi Reg. No.:- INH000003358 604 - Shekhar Central, Palasia Square, Indore - 452001, Madhya Pradesh, INDIA
Wednesday, 11th October 2017

24 Carat Calls Monthly Performance Checked By:-

Months Prot & Loss


September 2017 Rs. 4,53,400/-
October 2017 Rs. 80,600/-*
November 2017

December 2017

Disclaimer 24 CARAT FINANCIAL SERVICES


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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

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

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