Derivative Premium Daily Journal

Tuesday, 3rd
October 2017 Strictly For Client Circulation

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NIFTY 50 9,859.50 70.90 0.72

SENSEX 31497.38 213.66 0.68

Dollar / Rupee 65.7125 0.21 0.32

Euro / Rupee 77.2275 -0.24 -0.31

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Derivatives Market Tuesday, 3rd October 2017

Nifty Bank Nifty

26-Oct-2017 26-Oct-2017

9,866.85 24,132.00
66.30 0.68% 65.55 0.27%

Nifty Nifty
30-Nov-2017 28-Dec-2017
9,898.00 9,934.00
61.45 0.62% 60.70 0.61%

Sector Indices

Today
Index LTP % Change High Low
Nifty Energy 12,945.25 172.60 (1.35%) 12,967.25 12,852.35
Nifty Metal 3,593.60 43.30 (1.22%) 3,610.25 3,564.60
Nifty FMCG 24,747.55 266.75 (1.09%) 24,806.45 24,547.35
Nifty Auto 10,903.75 92.50 (0.86%) 11,069.20 10,880.20
Nifty IT 10,546.10 70.75 (0.68%) 10,568.50 10,507.55
Nifty Financial Services 9,999.80 60.45 (0.61%) 10,012.35 9,928.25
Nifty Pharma 9,214.95 42.35 (0.46%) 9,314.90 9,196.15
Nifty Realty 274.25 0.75 (0.27%) 277.95 273.40
Nifty Media 2,989.15 5.55 (0.19%) 3,011.10 2,982.95
Nifty PSU Bank 3,023.35 -18.75 (-0.62%) 3,073.50 3,012.00

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 Tuesday, 3rd October 2017
Market Wrap
Market closes higher for 3rd straight day

Market ended with positive sentiments after witnessing mild

volatility closing in positive territory for the 3rd straight
session after 7 day losing streak.

BSE Sensex closed higher by 213 points or 0.68% at 31,497

levels and Nifty ended at 9,859 levels up 0.72% or 70 points.

Nifty Metal index was the top index gainer among sectoral indices on NSE. In the mid hours of
trade, Nifty Auto index roared on bourses after auto players reported their September sales
gures. Nifty Auto closed higher by 0.86% at 10,903 levels.

In the closing hours of trade, Panama Petrochem witnessed a spike in share prices and got
locked in upper circuit at the closing hours. The stock closed higher by 13.38% at Rs 165.70
per share.

Oil marketing companies also ticked higher on the nal minutes of Tuesdays trade. OMCs
namely IOC closed higher by 1.77% at Rs 407.15 per share, HPCL gained 1.74% at Rs 433.90
per share and BPCL gained 1.25% at Rs 478 per share.

Nifty bank closed at 24,116 level gaining 0.26% or 63 points.

BSE Mid-cap index closed lower by 0.77% at 15,554. BSE Small-cap index closed higher by
0.49% at 16,192. India VIX closed lower by 0.20% at 12.4

There were 866 advances, 812 declines and 326 unchanged stocks on NSE reecting a mixed
undertone oating in the market.

GAIL, Tata Motors and Aurobindo Pharma are the top Nifty gainers, whereas Powergrid
Corporation, Bharti Airtel and Cipla are the top Nifty losers.

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 Tuesday, 3rd October 2017

FII DERIVATIVES STATISTICS

As on 29th September 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 29196 2335.43 26032 1993.29 235093 18006.66
Index Options 415048 33208.4 399021 31906.5 928846 70542.74
Stock Futures 91787 6683.96 82398 5981.37 806653 55182.28
Stock Options 55758 4343.66 54843 4224.96 27875 2095.64

FII/DII Activity 29/09/2017 Summary

Derivative Segment:

Index Futures: 342.14 Crs

Index Options: 1301.93 Crs

Stock Futures: 702.59 Crs

Stock Options: 118.7 Crs

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 Nifty View Tuesday, 3rd October 2017

Range 9,831.05 - 9,895.40

NIFTY 52 week 7,893.80 - 10,178.95
9,859.50 +70.90 (0.72%) Open 9,893.30
Oct 3 - Close

R2 9925

R1 9892

Pivot 9861

S1 9828

S2 9798

In Tuesdays trading session Benchmark Indices Ni y opened on a gap up note and traded with posi ve movement
throughout the day. Ni y Index ended with posi ve sen ments a er witnessing mild vola lity closing in posi ve territory
rd
for the 3 straight session a er 7 day losing streak. Ni y ended at 9,859 levels up 0.72% or 70 points.

Ni y index is trading below its 21 days & 50 days moving averages on daily chart.

In next trading session some side ways movement can be seen in the index and it can trade in the range of 9930-9780.
Now Ni y index is facing strong resistance at 9930 while down side support is placed at 9775.

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 Bank Nifty View Tuesday, 3rd October 2017

Range 24,007.25 - 24,226.80

NIFTY BANK 52 week 17,606.90 - 25,198.80
24,116 +63 (0.26%) Open 24,200.60
Sep 29 - Close

R2 24330

R1 24215

Pivot 24115

S1 23995

S2 23895

In Tuesdays trading session Bank Ni y opened on a gap up note and traded with posi ve sen ment in rst half of the
market and made a high of 24226.In second half of the market Bank Ni y Index shown a strong nega ve moves as some
of the major PSUs were making new month low which leads Ni y Bank Index to closed at 24,116 level gaining 0.26% or
63 points.

Bank Ni y index trading above its psychological support levels of 24000.Bank Ni y index is trading below its 21 days &
50 days moving averages on daily chart.

In next trading session down side movement can be seen in the Bank Ni y index and it can test down side levels of
23900-23800 while up side 24300 will act as a good resistance level

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 Tuesday, 3rd October 2017
Most Active-Nifty 50

Company Name LTP Change Value

ITC 261.40 1.20% 300.56

Axis Bank 509.65 0.10% 545.96

St Bk of India 251.30 -1.00% 265.07

Tata Motors 416.00 3.61% 403.39

GAIL (India) 435.40 3.90% 416.07

Top Gainers/ Losers-Nifty 50

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

GAIL (India) 435.40 16.35 (3.90%) Power Grid Corpn 206.15 -4.85 (-2.30%)

Tata Motors 416.00 14.50 (3.61%) Cipla 578.90 -7.20 (-1.23%)

Bharti Infra. 408.50 10.10 (2.54%) Bharti Airtel 384.65 -4.80 (-1.23%)

Indiabulls Hous. 1,234.35 27.60 (2.29%) Maruti Suzuki 7,888.30 -89.90 (-1.13%)

UPL 796.00 17.50 (2.25%) St Bk of India 251.30 -2.55 (-1.00%)

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 Tuesday, 3rd October 2017
Position Built Up
Long Built Up Stock Future
Contract Name LTP(Rs.) CHG(%) OI Volume
MUTHOOTFIN - 26-Oct-2017 479 0.83 2,205,000 1,113,000
INDIANB - 26-Oct-2017 263.85 0.82 3,878,000 1,408,000
ADANIPORTS - 26-Oct-2017 384 1.71 7,687,500 5,727,500
NTPC - 26-Oct-2017 167.3 0.12 25,444,000 5,028,000
M&MFIN - 26-Oct-2017 422.65 2.03 5,997,500 5,977,500

Short Built Up Stock Future

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

BALKRISIND - 26-Oct-2017 1,695 -1.03 457,600 73,600
GLENMARK - 26-Oct-2017 599.05 -0.41 6,053,600 710,500
ARVIND - 26-Oct-2017 368.15 -0.90 6,506,000 3,292,000
HDIL - 26-Oct-2017 55.6 -1.94 33,000,000 10,992,000
TATACHEM - 26-Oct-2017 641.75 -0.30 5,002,500 1,512,000

Long Unwinding Stock Future

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

JSWSTEEL - 26-Oct-2017 247.25 -0.90 54,579,000 13,668,000
AJANTPHARM - 26-Oct-2017 1,134.55 -0.40 840,800 196,800
GMRINFRA - 26-Oct-2017 16.35 -0.91 293,445,000 37,485,000
ICIL - 26-Oct-2017 98.7 -0.55 10,864,000 2,621,500
BHARTIARTL - 30-Nov-2017 387.7 -1.35 59,500 37,400

Short Covering Stock Future

Contract Name LTP(Rs.) CHG(%) OI Volume
ANDHRABANK - 26-Oct-2017 56.45 0.27 20,840,000 5,590,000
CHENNPETRO - 26-Oct-2017 408 0.65 2,304,000 777,000
RAMCOCEM - 26-Oct-2017 698.2 0.60 403,200 142,400
MCDOWELL-N - 26-Oct-2017 2,467.95 2.81 1,839,250 476,000
DABUR - 26-Oct-2017 313.15 2.40 12,525,000 2,120,000

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 Buzzing Stocks Tuesday, 3rd October 2017

Closing Bell: Gainers: GAIL (+4%), Tata Motors (+3.5%).

Losers: Power Grid (-3%), Airtel (-1.5%), Cipla (-1%).

Tata Motors stock spurts 4% on securing Rs 1,120 Cr order

for 10,000 e-cars.

Nifty Metal Index up 1%. Jindal Steel (+7%), Hindustan

Zinc (+6%), MOIL (+3%), Nalco (+2%).

Maruti Suzuki stock down 1% despite better than expected Sept sales number.

RCom stock drops 11% after Aircel merger deal collapses.

Ambuja Cements gets mining rights for limestone block in Rajasthan. Stock end
marginally up.

DLF stock rises 2% as GIC seeks OK for rental arm stake buy.

MOIL stock gains 3% on revised prices of Manganese Ore.

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IPO Tuesday, 3rd October 2017

Open & Upcoming IPOs

IPO Name Offer Price/Range Opening Date Closing Date ISSUE SIZE
Indian Energy Exchange Ltd. 1645-1650 09/10/2017 11/10/2017 350.25 Cr

Mas Financial Services Ltd. 456-459 06/10/2017 10/10/2017 158.56 Cr

Godrej Agrovet Ltd. 450-460 04/10/2017 06/10/2017 398.06 Cr

IRIS Business Services Ltd. 32.00 29/09/2017 04/10/2017 15.18 Cr

Omfurn India Ltd. 23.00 29/09/2017 05/10/2017 3.95 Cr

Milton Industries Ltd. 34.00 29/09/2017 06/10/2017 13.55 Cr

Closed IPOs

IPO Name Offer Price/Range Opening Date Closing Date ISSUE SIZE
Goldstar Power Ltd. 25.00 27/09/2017 29/09/2017 6.87 Cr

Mehai Technololgy Ltd. 40.00 25/09/2017 28/09/2017 5.69 Cr

RKEC Projects Ltd. 45.00 25/09/2017 28/09/2017 27.24 Cr

Vanta Bioscience Ltd. 50.00 25/09/2017 27/09/2017 7.17 Cr

Airo Lam Ltd. 38.00 25/09/2017 27/09/2017 14.41 Cr

Prataap Snacks Ltd. 938.00 22/09/2017 26/09/2017 168.68 Cr

Poojawestern Metaliks Ltd. 36.00 22/09/2017 26/09/2017 5.18 Cr

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Stocks Specic News Tuesday, 3rd October 2017

Ambuja Cements gets mining rights for limestone block in Rajasthan

The shares of Ambuja Cements advanced by over 1% intraday Tuesdays trading
session after the company announced that it has get mining rights for limestone
block in Rajasthan.

The company informed that it has participated in the e-auction tender of 3D1,
Harima Pithasar limestone block in Tehsil and District Nagpur in the state of
Rajasthan and it has secured an estimated limestone resource of 200 million
tonnes at a nal bid of 41.6% of mineral value.

The stock was trading up by 0.94% at Rs 268 per share on BSE at 1348 hours. The stock touched its intraday
high and low at Rs 271 and Rs 266 per share respectively.

The stock has attracted total traded volume of 9,59,578 shares and traded value of Rs 2,581 lakh on NSE.

The stock 52-week high stood at Rs 291.50 as on September 13, 2017 and 52-week low at Rs 191 as on
November 22, 2016.

Meanwhile, the benchmark indices Nifty was trading up by 58 points at 9,846 level and Sensex was trading
up by 192 points at 31,471 level.

TVS Motor posts 23% sales growth in September

TVS MotorCompany registered a sales growth of 23%, increasing to 3,59,850
units in the month of September 2017 from 2,93,257 units in September 2016.

Two-wheeler registered a total growth of 22.1% with sales increasing from

287,449 units in September 2016 to 3,50,854 units in September 2017. Domestic
two-wheeler sales grew by 20.9%, increasing to 3,07,160 units in September
2017 from 2,53,974 units in September 2016.

The company's total exports grew by 33.6% to 50,971 units in September 2017 from 38,164 units in the month
of September 2016. Two-wheeler exports grew by 30.5%, increasing to 43,694 units in September 2017 from
33,475 units in September 2016.

Three-wheeler sales of the company grew by 54.9% increasing to 8,996 units in September 2017from 5,808
units in September 2016.

During the second quarter of the nancial year 2017-18, two-wheeler sales of the company grew by 16.1%,
increasing to 9.23 lakh units in the second quarter of the current year from 7.95 lakh units in the second quarter
of the previous year. The three-wheeler sales of the company grew by 23.8%, increasing to 0.25 lakh units in
the second quarter of the current year from 0.20 lakh units in the second quarter of the previous year.

The stock was trading up by 0.68% at Rs 663 per share on BSE at 1208 hours. The stock has traded new
52-week high at Rs 671.85 per share on Tuesday.

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Stocks Specic News Tuesday, 3rd October 2017

Rcom tumbles after Aircel merger collapse; hits 52-week low

The share of Reliance Communications tumbled down by over 5% intraday
during Tuesdays trading session after the company cancelled the proposed
merger with Aircel.

The merger with Aircel and its tower sale business to Brookeld was expected
to bring down the companys debt by 60%. RCom and Aircel had signed
binding agreements in September 2016 for the merger of Reliances mobile
businesses with Aircel.

"Merger agreements with Aircel allowed to lapse by mutual consent," Anil Ambani company said in a statement.
"Legal and regulatory uncertainties and various interventions by vested interests have caused inordinate
delays in receipt of relevant approvals for the proposed transaction," said the statement.

The stock of Reliance Communications was trading lower by 5.73% at Rs 18 per share on BSE at 1137 hours
The stock has traded new 52-week low at Rs 17.45 per share on Tuesday. The stock has attracted total
traded volume of 2,71,19,492 shares and traded value of Rs 4,889.64 lakh on NSE.

Meanwhile, the major benchmark index Nifty was trading up by 79 points at 9,868 level and Sensex was
trading up by 262 points at 31,545 level.

Ashok Leyland total sales up 28% in September

The total sales by Ashok Leyland registered a growth of 28% on YoY basis in the
month of September 2017. It sold 15,370 units in September 2017 as compared
to 12,052 units during the corresponding period last year.

In the Medium and Heavy Commercial Vehicles segment, it posted a growth of

32%, selling 11,804 units as against 8,958 units in September 2016. It sold
3,566 units of Large Commercial Vehicles in September 2017 as compared to
3,094 units sold in September 2016, registering a growth of 15%.

The stock of Ashok Leyland soared over 5% during Fridays trade on the BSE. It witnessed a spurt in volume by
more than 1.02 times. The stock hit an intraday high and low of Rs 113 and Rs 107.40, respectively.

Ashok Leyland was trading at Rs 124.5 per share, up by Rs 1.45 or 1.18% as at 1137 hours on Tuesday, on the
BSE. It attracted a traded volume of 88,16,669 shares and traded value of Rs 11,010.26 lakh on the NSE.

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 Bulls Eyes Call Tuesday, 3rd October 2017

Range 348.85 - 356.90

Oil India Limited (NSE:OIL) 52 week 257.10 - 356.90
354.50 +0.85 (0.24%) Open 353.00
Oct 3 - Close Vol. 689,435.00
Currency in INR Mkt cap 268.22B
P/E 10.39
Oil India Limited is a holding company. The Company is engaged in providing crude oil and natural gas. The Company's segments include Crude Oil, Natural Gas,
LPG, Pipeline Transportation and Others. It owns and operates approximately 10 drilling rigs and over 10 work-over rigs, besides charter hiring drilling rigs based
on operational requirement. The Company is involved in crude oil transportation in Southeast Asia, and owns and operates approximately 1,430 kilometers of
cross-country crude oil pipelines. It owns approximately 10 crude oil pumping stations and over 20 repeater stations spread across the eastern India states of
Assam, West Bengal and Bihar. The Company produces approximately five million metric standard cubic meter per day (MMSCUMD) of natural gas and has a
pipeline network for collection and supply of gas as fuel and feedstock to various industries, such as refineries, fertilizer and petrochemical plants, and power
generation plants.

R2 361

R1 358

Pivot 352

S1 349

S2 343

Jus ca on & Comments

OIL is looking bullish on daily charts.

Stock has crossed its major resistance level of 350 and trading above it on daily chart.
Stock is trading above its 21 & 50 days moving averages on daily chart.
Stock has formed ag pa ern on higher levels on daily chart.
In next trading session up side movement can be seen in the stock and it can test up side levels of 363 & 368 if it
crosses its next resistance levels of 356.50 while down side 345 will act as a good support levels.

BUY OIL OCT FUT @ 352-354 TARGET 358/364 STOP LOSS 348

BUY OIL 360 OCT CALL OPTION @ 7.70-8.50 TARGET 10/12 STOP LOSS 6

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 Bulls Eyes Call Tuesday, 3rd October 2017

Range 1,831.70 - 1,873.50

Bajaj Finance Ltd (NSE:BAJFINANCE) 52 week 760.50 - 1,985.90
1,872.95 +34.90 (1.90%) Open 1,860.00
Oct 3 - Close Vol. 975,293.00
Currency in INR Mkt cap 1.08T
P/E 105.40
Bajaj Finance Limited is a non-banking finance company (NBFC). The Company is engaged in lending and allied activities. It focuses on consumer lending, small
and medium-sized enterprises (SME) lending, commercial lending, rural lending, fixed deposits and value-added services. Its consumer lending products include
two-wheelers and three-wheelers finance, consumer durables finance, digital products finance, retailer finance, salaried personal loans, e-commerce consumer
finance, e-commerce seller finance and home loan. Its SME lending products include loan against property and business loans. Its commercial lending products
include loan against securities and financial institutions group lending business. Its rural lending products include personal loans cross-sell, salaried personal loans
and gold loans. It offers retail fixed deposits and wholesale fixed deposits. It is engaged in life insurance distribution, general insurance distribution and mutual
fund distribution.

R2 1902

R1 1888

Pivot 1861

S1 1847

S2 1820
Jus ca on & Comments:

BAJAJFINANCE is looking bullish on daily charts.

Stock has crossed its major resistance level of 1850 and trading above it on daily chart.
Stock is tradibg above its 21 & 50 days moving averages on daily chart.
Stock is forming symmetrical triangle on higher levels on daily chart.
In next trading session up side movement can be seen in the stock and it can test up side levels of 1910 & 1940 if it
crosses its next resistance levels of 1880 while down side 1840 will act as a good support levels.

BUY BAJAJFINANCE OCT FUT @ 1876-1880 TARGET 1900/1920 STOP LOSS 1855

BUY BAJAJFINANCE 1900 OCT CALL OPTION @ 45-48 TARGET 60/70 STOP LOSS 35

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 Tuesday, 3rd October 2017
Bulls Eyes Calls Performance
Our Previous Recommendation

Date Call Target/SL P&L

29 Sep-2017 SELL PNB OCT FUT @ 130.50-131 TARGET 128/126 STOP LOSS 134 TG ACHIEVED +14,000/-
29 Sep-2017 BUY PNB 130 OCT PUT @ 4.5-5 TARGET 6.5/8 STOP LOSS 2.5 CLOSED NIL
29 Sep-2017 SELL TCS OCT FUT @ 2440-2435 TARGET 2405/2380 STOP LOSS 2470 CLOSED NIL
29 Sep-2017 BUY TCS 2400 OCT PUT OPTION @ 42-44 TARGET 60/70 STOP LOSS CLOSED NIL

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 Bulls Eyes Calls Monthly Performance
Checked By:-

Months Prot & Loss

September 2017 Rs. 43,9400/-
October 2017

November 2017

December 2017

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Team :

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