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F r i d a y, 6 t h Derivative Premium Daily Journal

October 2017 Strictly For Client Circulation

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NIFTY 50 9979.70 91.00 0.92

SENSEX 31814.22 222.19 0.70

Dollar / Rupee 65.5500 0.26 0.40

Euro / Rupee 76.8100 0.06 0.07

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Derivatives Market Friday, 6th October 2017

Nifty Bank Nifty


26-Oct-2017 26-Oct-2017

10,017.85 24,245.00
109.15 1.10% 137.75 0.57%

Nifty Nifty
30-Nov-2017 28-Dec-2017
10,047.60 10,073.55
108.50 1.09% 102.25 1.03%

Sector Indices

Today
Index LTP % Change High Low
Nifty Auto 11,007.00 75.30 (0.69%) 11,020.15 10,939.70
Nifty Energy 13,405.05 240.35 (1.83%) 13,430.45 13,172.50
Nifty Financial Services 9,985.05 28.10 (0.28%) 10,005.45 9,955.15
Nifty FMCG 25,130.60 120.20 (0.48%) 25,160.80 25,007.00
Nifty IT 10,655.35 130.70 (1.24%) 10,665.60 10,527.55
Nifty Media 3,019.85 7.20 (0.24%) 3,025.30 3,007.80
Nifty Metal 3,711.50 113.10 (3.14%) 3,719.20 3,614.40
Nifty Pharma 9,477.75 83.60 (0.89%) 9,497.60 9,402.50
Nifty PSU Bank 3,101.90 62.80 (2.07%) 3,110.30 3,046.95
Nifty Realty 278.45 0.40 (0.14%) 280.65 277.45

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Friday, 6th October 2017
Market Wrap
Nifty settles at 9,979; Sensex ends up by 222 points
Benchmark indices showed handsome upward breakout on Friday. Ni y ended at
9,979 level, up by 91 points while Sensex ended at 31,814 level, up by 222 points.

The upsurge in the Ni y and Sensex can be a ributed to the outcome of GSTs 22nd
mee ng. The GST Council mee ng is likely to bring relief to various business sectors in the country from the complexity
of compliance and high tax rate on select goods and services. Exporters are likely to get major relief in terms of faster
and easier refund of input credit.

On the downside, 9890 and 9900 are strong support levels for the 50-stocks index. On the daily technical charts, Ni y
has been making higher highs and higher lows for past few trading sessions. On the upside, 10,000 is followed by 10,040
and 10,080 may be placed as the important resistance levels.

There were 1,136 advances, 511 declines and 320 unchanged stocks on NSE, reec ng strong posi ve sen ments in the
market. Metal and Banking stocks were shining on the bourses. Reliance, Tata Steel and Infosys were top contributors to
the Ni y and Sensex gains. Reliance closed at Rs 837 per share, up by 1.55%.

Ni y Metal index was the top gainer among the sectoral indices on NSE, ending at 3,711 level, up by 3.14%. Bank Ni y
index closed at 24,190 level, up by 0.55%. Punjab Na onal Bank was the top gainer in the index closing at Rs 137.3 per
share, up by 3.74%.

On the broader markets, BSE Mid-cap index closed at 15,840 level, up by 148 points while BSE Small-cap index closed at
16,626 level, up by 177 points.

Buzzing Stocks
Closing Bell: Gainers: GAIL (+6%), Tata Steel (+5%), Hindalco (+4.5%). Losers: Infratel, Hero MotoCorp, HDFC (-1%).

RIL in pact to sell assets in Marcellus shale play.

Zydus gets nal approval from USFDA for Dutasteride Capsules. Cadila Healthcare stock ends in red.

Ni y Metal Index gains over 3%. Tata Steel, Hindustan Copper (+5%), Hindalco (+4.5%), JSW Steel (+3.5%).

Ashoka Buildcon stock gains post receipt of arbitra on award.

Tata Motors stock ends in green as JLR Sep retail sales up 7% (YoY).

Granules India stock soars over 6% as USFDA clears Vizag unit.

Tata Steel stock shines 5% on higher domes c sales.

Crompton Greaves Consumer stock spurts 4% on development over Kenstar deal.

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Nifty View Friday, 6th October 2017

NIFTY
9979.70 91.00 (0.92%)
Oct 6-Close
Intraday 52 Week
OPEN 9,908.15 HIGH 9,989.35 10,178.95
P. CLOSE 9,888.70 LOWS 9,906.60 7,893.80

R2 10040

R1 10010

Pivot 9960

S1 9920

S2 9870

Jus ca on & Comments


In Fridays trading session Benchmark Indices Ni y opened on a at note and traded with posi ve movement through
the day. Ni y index has showed handsome upward breakout on Friday. The upsurge in the Ni y can be a ributed to the
outcome of GSTs 22nd mee ng The GST Council mee ng is likely to bring relief to various business sectors in the
country from the complexity of compliance and high tax rate on select goods and services. Ni y ended at 9,979 level,
up by 91 points. GAIL was the top Ni y gainer, ending at Rs 456 per share, up by 5.83%.

A strong closing of US market gave much-needed support to India equi es which ended in nega ve territory in the
previous trading session, which helped Ni y index to make a high of 9989.35 and give closing above its 21 & 50 days
moving averages as this averages will now work as a good support levels for index in near future.

On the daily technical charts, Ni y has been making higher highs and higher lows for past few trading sessions. On the
upside, 10,000 is followed by 10,040 and 10,080 may be placed as the important resistance levels. On the downside,
9890 and 9900 are strong support levels for the 50-stocks index.

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Bank Nifty View Friday, 6th October 2017

NIFTY BANK
24190.00 131.95 (0.55%)
Oct 6 - Close
Intraday 52 Week
OPEN 24,083.55 HIGH 24,242.05 25,198.80
P. CLOSE 24,058.05 LOWS 24,074.35 17,606.90

R2 24340

R1 24260

Pivot 24168

S1 24095

S2 24000

Jus ca on & Comments

In Fridays trading session Bank Ni y opened on a at note and traded with posi ve movement and index closed at
24,190 level, up by 0.55%. Punjab Na onal Bank was the top gainer in the index closing at Rs 137.3 per share, up by
3.74%.

Technically Bank Ni y index is trading below 24250 levels and its 21 days & 50 days moving averages which is strong
resistance for Bank Ni y Index and once this resistance is crossed than there will be huge up word movement can seen
in the index as in last four days Bank Ni y index has showed a good consolida on above its major support level of 24000.

24250 & 24000 will be crucial levels for Bank Ni y Index and up side breakout of 24250 levels is most likely in near future

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Friday, 6th October 2017
Most Active-Nifty 50

Company Name LTP Change Value

ICICI Bank 271.95 0.06% 692.05

NTPC 176.05 2.89% 277.93

St Bk of India 256.75 2.05% 306.36

Axis Bank 503.35 0.43% 570.96

Hindalco Inds. 250.90 4.22% 237.20

Top Gainers/ Losers-Nifty 50


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

GAIL (India) 452.70 21.80 (5.06%) Hero Motocorp 3,703.95 -51.50 (-1.37%)

Tata Steel 691.45 30.45 (4.61%) Bharti Infra. 399.95 -4.70 (-1.16%)

Hindalco Inds. 250.90 10.15 (4.22%) HDFC 1,740.00 -11.70 (-0.67%)

Sun Pharma.Inds. 530.20 16.40 (3.19%) Dr Reddy`s Labs 2,375.85 -13.30 (-0.56%)

Bajaj Fin. 1,923.60 57.40 (3.08%) IndusInd Bank 1,682.50 -6.30 (-0.37%)

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Friday, 6th October 2017
Position Built Up
Long Built Up Stock Future
Contract Name LTP(Rs.) CHG(%) OI Volume
BALKRISIND - 26-Oct-2017 1,714 2.33 508,000 288,000
MUTHOOTFIN - 26-Oct-2017 495.3 3.36 2,368,500 2,293,500
INDIANB - 26-Oct-2017 272.8 1.54 3,740,000 1,580,000
ADANIPORTS - 26-Oct-2017 390.5 0.94 8,142,500 3,810,000
NTPC - 26-Oct-2017 175.5 2.45 28,520,000 19,728,000

Short Built Up Stock Future

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


HDIL - 26-Oct-2017 56.9 -0.18 34,248,000 8,504,000
CADILAHC - 26-Oct-2017 500.65 -0.12 3,328,000 1,249,600
CUMMINSIND - 26-Oct-2017 916.95 -0.77 498,600 194,400
AMARAJABAT - 26-Oct-2017 704.7 -0.51 1,976,400 436,200
TITAN - 26-Oct-2017 598 -0.08 5,500,500 2,614,500

Long Unwinding Stock Future

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


KPIT - 26-Oct-2017 128.95 -0.54 10,784,000 4,124,000
DHFL - 26-Oct-2017 550.8 -1.75 28,848,000 3,811,500
IBREALEST - 26-Oct-2017 214 -2.53 44,600,000 4,500,000
NIITTECH - 26-Oct-2017 563.7 -0.05 783,000 514,500
HDIL - 30-Nov-2017 56.9 -0.96 544,000 96,000

Short Covering Stock Future


Contract Name LTP(Rs.) CHG(%) OI Volume
JSWENERGY - 26-Oct-2017 77.55 0.98 72,692,000 3,085,500
HINDUNILVR - 26-Oct-2017 1,210.05 1.56 9,631,200 1,173,000
JPASSOCIAT - 26-Oct-2017 19.9 3.92 187,544,000 49,164,000
RELINFRA - 26-Oct-2017 473.4 0.28 10,753,600 4,777,500
GODFRYPHLP - 26-Oct-2017 1,030.5 0.09 506,000 196,000

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24 Carat Call Friday, 6th October 2017

Range 478.00 - 496.95


Muthoot Finance Ltd (NSE:MUTHOOTFIN) 52 week 262.00 - 525.50
494.00 +16.75 (3.51%) Open 479.90
Oct 6 - Close Vol. 1.21M
Currency in INR Mkt cap 197.26B
P/E 29.38
Muthoot Finance Limited is a gold financing company. The Company is a non-banking financial company (NBFC), which is engaged in providing loan (financing)
against collateral of gold jewelry. The Company operates through two segments: Financing and Power Generation. The Company provides personal and business
loans (secured by gold jewelry) primarily to individuals having no access to formal credit for a reasonable tenure to meet their short-term working capital
requirements. The Company offers gold loans, foreign inward money transfer services, foreign exchange services, insurance broking, home loans, personal loans,
collection services, microfinance, wind mill power generation, white label automated teller machine, instant money transfer services and domestic money transfer
services. The Company has a network of approximately 4,294 branches all over India. In Sri Lanka, the Company offers corporate loans, mortgage loans, factoring,
business loan and short term loans, among others

R2 510

R1 502

Pivot 490

S1 482

S2 470
Jus ca on & Comments

MUTHOOTFIN is looking bullish on daily charts.


Stock has crossed its major resistance level of 485 and trading above it on daily chart.
In Friday's trading session stock has showed a good strength in buying and a fresh breakout was seen in the stock.
Stock is trading above its 21 & 50 days moving averages on daily chart.
In next trading session up side movement can be seen in the stock and it can test up side levels of 505 & 510 if it crosses
its next resistance levels of 500 while down side 485 will act as a good support levels.

BUY MUTHOOTFIN OCT FUT @ 490-492 TARGET 498/504 STOP LOSS 486

BUY MUTHOOTFIN 500 OCT CALL OPTION @ 12-13 TARGET 17/21 STOP LOSS 8

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24 Carat Call Friday, 6th October 2017

Range 1,868.40 - 1,934.55


Bajaj Finance Ltd (NSE:BAJFINANCE) 52 week 760.50 - 1,985.90
1,926.00 +59.80 (3.20%) Open 1,880.00
Oct 6 - Close Vol. 1.23M
Currency in INR Mkt cap 1.11T
P/E 108.39
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 1970

R1 1950

Pivot 1910

S1 1890

S2 1850
Jus ca on & Comments:

BAJAJFINANCE is looking bullish on daily charts.


Stock has crossed its major resistance level of 1900 and trading above it on daily chart.
In Friday's trading session stock has showed a good strenght in buying & fresh buying was observed in it.
In Friday's trading session fresh breakout of its major reistance levels of 1900 & its major trend line was seen in the
stock with good volumes.
A er a short correc on in last week stock has con nued its bullish run.
Stock is trading above its 21,50 & 100 days moving averages on daily chart.
In next trading session further up side movement can be seen in the stock

BUY BAJAJFINANCE OCT FUT @ 1920-1925 TARGET 1945/1960 STOP LOSS 1895

BUY BAJAJFINANCE 1950 OCT CALL OPTION @ 42-45 TARGET 54/64 STOP LOSS 32

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Friday, 6th October 2017

FII DERIVATIVES STATISTICS


As on 5TH 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 15076 1244.72 20955 1734.97 250730 19187.48
Index Options 389456 32547.7 371468 31043.1 950824 72636.27
Stock Futures 76331 5413.8 73407 5284.92 844884 58746.88
Stock Options 49917 3729.61 48407 3580.8 51270 3806.41

FII/DII Activity 5/10/2017 Summary

Derivative Segment:

Index Futures: -490.25 Crs

Index Options: 1504.55 Crs

Stock Futures: 128.88 Crs

Stock Options: 148.81 Crs

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Diamond Calls Performance Friday, 6th October 2017

Our Previous Recommendation


Date Call Target/SL P&L
3 Oct-2017 BUY OIL OCT FUT @ 352-354 TARGET 358/364 STOP LOSS 348 TG ACHIEVED +18,120/-
3 Oct-2017 BUY OIL 360 OCT CALL OPTION @ 7.70-8.50 TARGET 10/12 STOP LOSS 6 CLOSED @ COST NIL
3 Oct-2017 BUY BAJAJFINANCE OCT FUT @ 1876-1880 TARGET 1900/1920 STOP LOSS 1855 CLOSED @ COST -10,000/-
3 Oct-2017 BUY BAJAJFINANCE 1900 OCT CALL OPTION @ 45-48 TARGET 60/70 STOP LOSS 35 CLOSED @ COST NIL
4 Oct-2017 BUY IBULHSGFIN OCT FUT @ 1252-1257 TARGET 1270/1290 STOP LOSS 1240 TG ACHIEVED +20,800/-
4 Oct-2017 BUY IBULHSGFIN 1280 OCT CALL OPTION @ 24-26 TARGET 34/40 STOP LOSS 18 TG ACHIEVED +12,800/-
4 Oct-2017 SELL BHARTIARTL OCT FUT @ 383-381 TARGET 376/370 STOP LOSS 387 CLOSED @ 379.30 +6,800/-
4 Oct-2017 BUY BHARTIARTL 370 OCT PUT OPTION @ 4.50-5.50 TARGET 7/10 STOP LOSS 3 CLOSED @ COST NIL
5-Oct-2017 BUY CENTURYTEX OCT FUT @ 1273-1276 TARGET 1295/1310 STOP LOSS 1260 NOT EXECUTED NIL
5-Oct-2017 BUY CENTURYTEX 1300 OCT CALL OPTION @ 26-28 TARGET 36/46 STOP LOSS 20 NOT EXECUTED NIL
5-Oct-2017 SELL HEROMOTOCO OCT FUT @ 3780-3770 TARGET 3720/3670 STOP LOSS 3820 TG ACHIEVED +20,000/-
5-Oct-2017 BUY HEROMOTOCO 3700 OCT PUT OPTION @ 40-45 TARGET 60/70 STOP LOSS 30 TG ACHIEVED +10,000/-

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Bulls Eyes Calls Monthly Performance
Checked By:-

Months Prot & Loss


September 2017 Rs. 4,53,400/-
October 2017 Rs. 88,520/-
November 2017

December 2017

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Team :

Name Designation Email

Mr. Prateek Gupta (Technical Research Analyst-head)

Mr. Lakhan Patidar (Sr. Derivative & Technical Analyst)

Mr. Dharmendra Saloniya (Commodity Research Analyst)

Mr. Shubham Chinwar (Sr. Graphic Designer)

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