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Equity Report

November 13, 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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SAI PROFICIENT INVESTMENT ADVISORY


SaiProficient

Punters Call
Witnessing oscillations

November 10, 2017 Nifty daily: 10,321.75

The Nifty opened on flat note today and traded in a


narrow range in the first half of the session. Towards the
end of the session, it swung sharply in both directions
and ultimately ended the day in the green. The index
is trading near multiple support parameters, which
are providing a cushion to the bulls. On the weekly
chart, however, the Nifty has posted a negative close,
thus making the recent high of 10490 a stiff barrier.
The overall wave structure suggests that though the
trend continues to be positive, the Nifty can stay in
consolidation mode before starting next leg-up.
60-minute

Other technical observations

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


moving average (DMA) and the 40-DEMA, i.e. 10305
and 10181, respectively. The momentum indicator is in
bearish mode on the daily chart.

On the hourly chart, the Nifty is between the 20-


hour moving average (HMA) and the 40-HEMA, i.e.
10316 and 10347, respectively. The hourly momentum
indicator is in bullish mode. Market breadth was
negative with 709 advances and 994 declines on the
National Stock Exchange (NSE). Market breadth
BSE NSE
Todays Close 33,314.56 10,321.75
Advances 1193 709
Decline 1504 994
Unchanged 144 75
Volume (Rs) 4,960.80 cr 36,053.13 cr

November 13, 2017 2


SaiProficient

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

Nifty 10587 10200 10200/10587 Nifty 10960 9685 9685/10960


Up Down Sideways Downswing matures Upswing matures

Nifty Day Trader


Support Resistance
10254 10368
10200 10490
10123 10534
20 DSMA 40 DEMA
10305 10181

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
10-Nov-17 Godfrey Phillips Nov Fut Buy Exit 1035.45 1045 0.92% 1100 1135
10-Nov-17 Eicher Motors Nov Fut Sell 31660 30565 30610 -0.15% 28260 27900
7-Nov-17 IBULHSGFIN Nov Fut Sell 1250 1195 1227 -2.68% 1120 1070
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
10-Nov-17 Bajaj Fin Nov Fut Buy 1742.5 1768.95 1751.1 -1.01% 1800 1820
10-Nov-17 Ultratech Nov Fut Buy Stopped Out 4455 4418 -0.83% 4523 4650
8-Nov-17 Jublfood Nov Fut Buy Booked Profit 1626.35 1675 2.99% 1650 1675
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

November 13, 2017 3


SaiProficient

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
10-Nov-17 Natco Pharma Buy 902 918.75 916.8 -0.21% 945 960
10-Nov-17 BF Investment Buy 260.5 267.35 264.25 -1.16% 278 282
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 (%)
Persistent
9-Nov-17 Buy Cash Exit 657.7 660.05 0.36% 677 690
Systems
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(%)

3-Nov-17 Sundaram Finance Buy Cash 1764 1876.9 1908.8 1.70% 2139 2225

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

November 13, 2017 4


SaiProficient

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

Bank Nifty 26220 24650 24650/26220 Bank Nifty 27080 23610 23610/27080

Icon guide




Up Down Sideways Downswing matures Upswing matures

Bank Nifty Daily


Bank Nifty Day Trader
Support Resistance

25277 25598

25119 25695

25078 25850

20 DSMA 40 DEMA

24950 24780

November 13, 2017 5


SaiProficient

Day Traders Hit List


For November 13, 2017
Support Levels Close Resistance Levels
Scrip Name Action
S2 S1 (Rs) R1 R2
NIFTY Futures 10250.0 10300.0 10,348.00 10400.0 10436.0 Go Long AboveR1 / Go Short Below s1

Bank Nifty Futures 25256.0 25330.0 25,525.05 25715.0 25800.0 Go Long AboveR1 / Go Short Below s1

Axis Bank 533.0 540.0 544.80 549.0 555.5 Go Long AboveR1

BHEL 90.0 91.5 92.50 93.2 95.0 Go Long AboveR1 / Go Short Below s1

BPCL 500.0 508.1 512.10 516.3 523.6 Go Long AboveR1 / Go Short Below s1

INFOSYS 940.0 954.0 962.05 970.0 982.0 Go Long AboveR1

ICICI Bank 311.0 315.0 318.50 322.0 326.0 Go Long AboveR1

LIC Housing 572.0 580.0 586.55 592.0 600.0 Go Short Below S1

LNT 1235.0 1255.0 1,264.95 1278.0 1295.0 Go Long AboveR1

Reliance Industries 865.0 875.0 883.85 891.0 904.0 Go Long AboveR1

SBI 326.0 330.0 333.55 337.0 341.0 Go Long AboveR1

SunPharma 516 522 527.85 533 540 Go Long AboveR1

Tata Motors 413.0 419.0 422.55 426.0 432.0 Go Short Below S1

Yes Bank 297.0 301.5 304.05 307.0 311.0 Go Long AboveR1

TISCO 687.0 695.0 702.25 709.0 718.0 Go Short Below S1

TCS 2650.0 2680.0 2,708.75 2735.0 2770.0 Go Long AboveR1

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

November 13, 2017 6


SAI PROFICIENT

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