Equity Report

October 30, 2017

Index
Punters Call
Looking Trendy
Nifty Day Trader
Smart Charts
Momentum Swing
Momentum Cash Ideas
CTFT (Carry Today For Tomorrow)
Premium Technical Synopsis
Bank Nifty
Bank Nifty Day Trader
Day Traders Hit List

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Punters Call
A momentary pause

October 27, 2017 Nifty daily: 10,323.05

The Nifty opened on a positive note today. However, it

couldnt build upon the gains and lost ground towards
the end of the session. Thus, it ended in the red after
four consecutive sessions in the green. Overall wave
structure indicates that this is just a pause in the
short-term uptrend. The index is forming a higher top
higher bottom pattern, which is a sign of an uptick
as per the Dow Theory. Moreover, on the weekly
chart, the index is showing signs of an extension on
the upside. The short-term target on the upside is at
10475 and has a potential to stretch higher. In case of
60-minute
a minor degree dip, 10260-10240 would be the key
support area to watch out for.

Other technical observations

On the daily chart, the Nifty is above the 20-day

moving average (DMA) and the 40-DEMA, i.e. 10081
and 10056, respectively. The momentum indicator
is bullish on the daily chart. On the hourly chart, the
Nifty is above the 20-hour moving average (HMA)
and the 40-HEMA, i.e. 10308 and 10265, respectively.
The hourly momentum indicator is bearish mode. The
market breadth was positive with 785 advances and Market breadth
716 declines on the National Stock Exchange. BSE NSE
Todays Close 33,157.22 10,323.05
Advances 1389 785
Decline 1313 716
Unchanged 150 47
Volume (Rs) 5,592.71 cr 36,941.62 cr

October 30, 2017 2

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Looking Trendy
Short Term Trend Medium Term Trend
Support / Support /
Index Target Trend Reversal Index Target Trend Reversal
Resistance Resistance

Nifty 10475 10000 10000/10475 Nifty 10960 9685 9685/10960

Up Down Sideways Downswing matures Upswing matures

Nifty Day Trader

Support Resistance
10240 10366
10123 10475
10000 10550
20 DSMA 40 DEMA
10081 10056

Smart Charts
Stop Loss Call Potential%
Buy Price/
Date Scrip Name Action (On closing Closing P/L at Exit/ Target 1 Target 2
Sell Price
Basis ) Price/ CMP Current
26-Oct-17 Sun Pharma Nov Fut Buy 521 536.15 555 3.52% 565 580
18-Oct-17 Tata Global Nov Fut Sell Stopped Out 208 222.5 -6.97% 193.5 187
NOTE: Kindly note that all stop losses in Smart Charts are on closing basis unless specified.
TPB: Trailing profit booked

Momentum Swing
Poten-
Call
Action Stop Loss/ Buy Price/ tial% P/L
Scrip Name Action Closing Target 1 Target 2
Date Reversal Sell Price at Exit/
Price/CMP
Current
27-Oct-17 Jublfood Nov Fut Sell 1672 1649 1638.7 0.62% 1600 1585
NOTE: Kindly note that all stop losses in Momentum swing are on an intra-day basis.
TPB: Trailing profit booked
1) The stop loss should be placed after 9.17am in order to avoid freak trade
2) The same will be revised in the TradeTiger terminal every day for the pop-ups

October 30, 2017 3

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Momentum Cash Ideas

Call Potential%
Action Stop Loss/ Buy Price/
Scrip Name Action Closing P/L at Exit/ Target 1 Target 2
Date Reversal Sell Price
Price/CMP Current
27-Oct-17 Graphite India Buy 442.5 455.5 450.75 -1.04% 474 481
26-Oct-17 SPIC Buy Book Profit 44.65 45.35 1.57% 46.5 48
17-Oct-17 Mcleod Russel Buy 158 161.55 162.15 0.37% 166 169
TPB: Trailing profit booked
1) The stop loss should be placed after 9.17am in order to avoid freak trade
2) The same will be revised in the TradeTiger terminal every day for the pop-ups

CTFT (Carry Today For Tomorrow)

Closing Potential
Stop Loss/ Reco
Action date Scrip Name Action Segments Price/ P/L at Target 1 Target 2
Reversal Price
CMP CMP (%)

26-Oct-17 Welcorp Buy Cash Book Profit 141.8 147.65 4.13% 147 152
TPB: Trailing profit booked
1) The stop loss should be placed after 9.17am in order to avoid freak trade
2) The same will be revised in the TradeTiger terminal every day for the pop-ups

Premium Technical Synopsis

Stop loss Closing Potential
Reco
Action date Scrip Name Action Segments (On Closing Price/ P/L at Target 1 Target 2
Price
Basis ) CMP CMP(%)

9-Oct-17 IDFC Ltd Buy Cash Exit 62.85 65.15 3.66% 71 74

*DCL # CMP ^Intra-day Tgt. = Target Rwd. = Reward

October 30, 2017 4

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Bank Nifty
Short Term Trend Medium Term Trend
Support / Support /
Index Target Trend Reversal Index Target Trend Reversal
Resistance Resistance

Bank Nifty 26220 24250 24250/26220 Bank Nifty 27080 23610 23610/27080

Icon guide

Up Down Sideways Downswing matures Upswing matures

Bank Nifty Daily

Bank Nifty Day Trader
Support Resistance

24710 25199

24560 25338

24400 25500

20 DSMA 40 DEMA

24358 24409

October 30, 2017 5

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Day Traders Hit List

For October 30, 2017
Support Levels Close Resistance Levels
Scrip Name Action
S2 S1 (Rs) R1 R2
NIFTY Futures 10250.0 10317.0 10,360.20 10390.0 10500.0 Go Long AboveR1 / Go Short Below s1

Bank Nifty Futures 24700.0 24866.0 25,044.40 25139.0 25260.0 Go Long AboveR1 / Go Short Below s1

Axis Bank 472.5 482.0 485.95 489.5 500.0 Go Long AboveR1

BHEL 92.5 94.3 95.15 96.1 98.2 Go Long AboveR1 / Go Short Below s1

BPCL 512.0 523.0 527.95 532.0 543.0 Go Short Below s1

INFOSYS 920.0 940.0 946.35 953.0 970.0 Go Long AboveR1

ICICI Bank 290.0 297.5 301.15 305.5 312.0 Go Long AboveR1 / Go Short Below s1

LIC Housing 600.0 608.5 613.65 619.0 630.0 Go Long AboveR1 / Go Short Below s1

LNT 1190.0 1214.5 1,224.65 1235.0 1255.0 Go Long AboveR1

Reliance Industries 905.0 922.5 929.85 936.0 950.0 Go Long AboveR1 / Go Short Below s1

SBI 300.0 307.5 311.05 314.0 322.5 Go Long AboveR1

SunPharma 532.5 545 549.90 554.5 570 Go Long AboveR1

Tata Motors 416.0 425.8 429.90 434.4 443.0 Go Long AboveR1 / Go Short Below s1

Yes Bank 298.0 304.0 307.05 310.5 316.0 Go Short Below s1

TISCO 707.5 720.0 726.80 734.8 752.5 Go Long AboveR1

TCS 2520.0 2565.0 2,584.30 2610.0 2650.0 Go Long AboveR1

*Note: Closing price of Nifty futures is last traded price of Nifty futures on NSE
SL=Stoploss

October 30, 2017 6

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