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Equity Daily Roundup

Sebi Reg. No.:- INH000003358

Monday, 4th December 2017

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Index Daily Change


Nifty 10127.80 6.00 0.06%

Sensex 32869.72 36.78 0.11%

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Market Wrap Monday, 4th December 2017

Markets end on a at note; IT stocks shine


In todays trade markets remained vola le throughout the day but ends on a neutral
note.

Ni y IT index gained 1.2% in trade with major heavyweights like Infosys and HCL Tech
gaining more than ~2% at the close. Market breadth favoured declines with Advance/
Decline ra o closing at 2:3x.

Ni y closed in green gaining 0.1% while Ni y Bank gave a sharp recovery in last 30 minutes of trade, recovering almost
everything that it lost during the day.

Ni y and Bank Ni y index future added fresh open to the tune of ~11.58/2.4 lakh shares. Tracking the op ons front, Bank
Ni y Dec 7, 2017 expiry contract saw a forma on of short posi ons in out the money call and put op on strikes, indica ng a
range bound ac vity in the index.

Ni y 10000PE added fresh open interest to the tune of ~4 lakh shares, hin ng marginal addi on of short posi ons. India Vix
ended the day at 14.85 up 0.4%.

Buzzing Stocks

Closing Bell: Gainers: Indiabulls HF, Infy (+3%). Losers: Infratel (-2.5%), UPL, Coal India(-2%).

Nestle India to pay Rs 33/share as third interim dividend.

SC allows Jaypee Assoc to deposit money in xed deposits for home buyers.

BSE IT Index gains over 1%. Infy (+3%), HCL Tech (+2.5%).

Jubilant Life Sciences stock gains 2% on green panel nod for Gujarat unit.

Infosys stock spurts 3% on appointment of Salil Parekh as CEO.

Fiem Ind stock zooms 3% on JV with Aisan Ind, Toyota Tsusho.

Biocon stock rallies 15% on USFDA nod for trastuzumab biosimilar.

Zee Learn stock advances 1% as company may buy equity stake in MT Educare.

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Market Action Monday, 4th December 2017

3:59 PM 3:58 PM
Realty stocks lose strength Indian markets close at
Shares of Realty Companies witnessed Indian markets close on at note; Nifty
a drop at the closing hours. UPL(-2.58%) at 10127, no movement seen.
Bharti Infra(-2.45%).

2:10 PM 11:59 AM
European stocks witness an uptick Tata motors rises on sales surge
Shares of European stocks witness an Shares of Tata Motors have rise ~2%,
uptick; DAX & CAC up by ~0.9%. Indian after the Company saw a 58% rise in
markets remain steady, no movement seen domestic vehicle sales in November.

11:57 AM 11:44 AM
Biocon surges on receiving FDA approval Infosys appoints a new CEO
Shares of Biocon have surged ~9.4%, after Shares of Infosys have moved up by
it recieved an FDA approval on its drug ~3,87%, after Company appointed a new
trastuzumab. CEO Mr. Salil Parekh as CEO, nearly four
months after Sikkas resignation.

11:32 AM 10:53 AM
Tech & Auto stocks move up Indian markets remain rangebound
Tech and Auto stocks move up, Realty Indian markets continue to osciallate in a
stocks drop. Infosys (+1.79%) Tata Motors narrow range in the opening hours; Nifty
(+1.53%) Prestige (-2.39%). at 10146 (+17 pts).

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Key Indices Monday, 4th December 2017

Index Today
LTP % Change High Low
Nifty Midcap 100 19,750.20 58.50 (0.30%) 19,824.60 19,566.00
Nifty 50 10,127.75 5.95 (0.06%) 10,179.20 10,095.70
Nifty Next 50 29,489.60 18.60 (0.06%) 29,636.05 29,245.35
Nifty 100 10,548.55 6.50 (0.06%) 10,599.85 10,508.25
Nifty 200 5,564.20 2.40 (0.04%) 5,593.20 5,541.00
Nifty 500 9,059.35 -1.05 (-0.01%) 9,110.85 9,023.60
Bank Nifty 25,075.10 -116.85 (-0.46%) 25,297.20 24,993.35
Nifty Smallcap 100 8,513.75 -63.30 (-0.74%) 8,658.30 8,485.45
Advance/ Decline
Index Advance Decline
Nifty 50 26 24
Nifty Next 50 26 24
Nifty 100 53 48
Nifty 200 87 114
Nifty 500 192 303

Sector Indices
Today
Index LTP % Change High Low
Nifty IT 11,081.65 133.15 (1.22%) 11,138.10 10,901.10
Nifty PSU Bank 3,780.50 13.80 (0.37%) 3,802.55 3,748.75
Nifty FMCG 25,758.00 91.20 (0.36%) 25,794.10 25,526.55
Nifty Metal 3,630.75 12.85 (0.36%) 3,661.65 3,606.30
Nifty Media 3,261.90 9.05 (0.28%) 3,291.75 3,221.30
Nifty Financial Services 10,241.55 -14.60 (-0.14%) 10,303.65 10,211.85
Nifty Auto 11,160.10 -28.10 (-0.25%) 11,286.80 11,143.25
Nifty Energy 13,901.55 -39.55 (-0.28%) 14,002.35 13,840.95
Nifty Pharma 9,052.00 -31.85 (-0.35%) 9,152.90 9,010.70
Nifty Realty 317.95 -1.20 (-0.38%) 322.20 316.05
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Index Pullers & Draggers Monday, 4th December 2017

Index Pullers Index Draggers


Company Name LTP Change Contribution Points Company Name LTP Change Contribution Points

Infosys 985.35 26.55 (2.77%) 13.41 HDFC Bank 1,834.10 -14.10 (-0.76%) -7.53

HDFC 1,680.40 21.60 (1.30%) 8.83 Reliance Inds. 901.60 -8.50 (-0.93%) -7.39

Hind. Unilever 1,268.60 18.10 (1.45%) 3.31 Maruti Suzuki 8,500.80 -108.20 (-1.26%) -3.78

HCL Technologies 847.95 17.95 (2.16%) 2.54 Kotak Mah. Bank 997.95 -7.20 (-0.72%) -2.51

Indiabulls Hous. 1,175.45 30.70 (2.68%) 2.51 Bajaj Fin. 1,675.95 -35.65 (-2.08%) -2.24

Stocks Showing Activity


Top Gainers -Nifty 500 Top Losers-Nifty 500

Company Name LTP Change Company Name LTP Change

Biocon 512.75 65.50 (14.65%) Reliance Nav.Eng 35.55 -3.25 (-8.38%)

Inox Wind 151.25 15.30 (11.25%) Rel. Comm. 11.50 -0.85 (-6.88%)

Kesoram Inds. 141.75 10.60 (8.08%) Bombay Rayon 175.05 -12.50 (-6.66%)

SCI 98.25 7.15 (7.85%) Prestige Estates 315.90 -18.80 (-5.62%)

Ramco Systems 483.40 31.85 (7.05%) APL Apollo 1,874.70 -103.55 (-5.23%)

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52-Week High-Low Monday, 4th December 2017

52 Week High Today-Nifty500 52 Week Low Today-Nifty500

Company Name LTP Change Company Name LTP Change

Biocon 512.75 65.50 (14.65%) .Reliance Nav.Eng .


35.55 -3.25 (-8.38%)

Ramco Systems 483.40 31.85 (7.05%) SML ISUZU 882.20 -35.00 (-3.82%)

TTK Prestige 6,890.30 375.10 (5.76%) Glenmark Pharma. 541.20 -13.65 (-2.46%)

Indraprastha Gas 333.00 15.50 (4.88%) PTC India Fin 35.80 -0.85 (-2.32%)

P & G Hygiene 9,863.45 352.60 (3.71%) Lupin 814.45 -0.25 (0.03%)

-16.95 (-2.03%)
Global Indices
-6.70 (-1.17%)

Indices Date Value Previous Close Change % Change


CAC 40 04/12/2017 5,371.05 5,316.88 54.17 1.02
DAX 04/12/2017 13,026.31 12,861.49 164.82 1.28
FTSE 04/12/2017 7,334.75 7,300.49 34.26 0.47
Shanghai 03/12/2017 3,309.62 3,317.62 -8.00 -0.24
Hang Seng 03/12/2017 29,138.28 29,074.24 64.04 0.22
Nikkei 03/12/2017 22,707.16 22,819.03 -111.87 -0.49
Straits Times 03/12/2017 3,438.47 3,449.54 -11.07 -0.32
DOW Jones 01/12/2017 24,231.59 24,272.35 -40.76 -0.17
Nasdaq 01/12/2017 6,847.59 6,873.98 -26.39 -0.38

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Nifty Spot View Monday, 4th December 2017

NIFTY
10127.75 5.95 (0.06%)
Dec 04, 16:10 Intraday 52 Week
OPEN 10,175.05 HIGH 10,179.20 10,490.45

P. CLOSE 10,121.80 LOWS 10,095.70 7,893.80

R2 10217

R1 10172

Pivot 10133

S1 10088

S2 10049

Jus ca on & Comments:

The Ni y50 opened at 10,175 and rose marginally to hit its intraday high of 10,179.20 but then bears took control and
pulled the index below 10,100 levels. The index recovered in the second half of the trading session and closed 5 points
higher at 10,127. The Ni y50 which started with a mild gap on the upside failed to keep the momentum going and closed
slightly above its previous close making a bearish candle on an intraday basis on the daily candles ck charts.

Technical Study:

The closing price was signicantly lower than the opening price which made a small upper shadow, a large body, and a
signicantly large lower shadow. The index made a bearish candle kind of pa ern for the h consecu ve day in a row on
Monday and a slip below 10,094-10,036 could drag the index towards its crucial support placed around 10,000 . It is
important for Ni y to hold above 10,100-10200 for the upside to con nue. It looks like the market is in a wait and watch
mode ahead of crucial events such as the Reserve Bank of India policy review and US Fed policy mee ng due next week .

If it manages to hold 10094 then only short-term reversal could be seen towards 10178 then 10250 while a hold below
10094 could start afresh decline towards psychological 10000 zones

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Bank Nifty Spot View Monday, 4th December 2017

Bank Nifty
25191.95 -140.45 (-0.55%)
Dec 01, 16:10
Intraday 52 Week
OPEN 25,409.55 HIGH 25,441.35 25,953.50
P. CLOSE 25,332.40 LOWS 25,152.65 17,606.90

R2 25425

R1 25250

Pivot 25120

S1 24946

S2 24817

Jus ca on & Comments:

The Bnak Ni y index opened at 25295 with gap up note and rose to an intraday high of 25,297. It failed to hold at higher
levels and slipped below 25000 to hit an intraday low of 24993. The Bnak Ni y nally closed 116 points lower at 25075.

Technical Study:

The Bank Ni y con nued its correc on on the rst day of the new week as Bank Ni y Index tumbled more than 250 points
from its opening at 25295 with a bear candle on daily chart. The Bank Ni y slipped below its crucial support placed at 50-
days exponen al moving average (DEMA) but managed to give closing above this support levels. Now a break below 25050
could fuel further selling pressure which could take the index towards 24946-24817 levels. Bank Ni y index is trading near
its crucial support levels at 25100-25050.

As per the pivot table 24946 & 24817 are the intraday support levels for the Ni y Bank index. The intraday resistance in
the index is seen in the range of 25250-25425.

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24 CaratCall Monday, 4th December 2017
Today's Price Stats Moving Averages
ACC Ltd NSE: ACC Volume traded 5,67,236 5 Day 1,680.32
Weighted Avg Price Rs.1,694.05 20 Day 1,733.60
Face Value Rs.10.00
1,690.25 +13.60 (0.81%) Prev. Close Rs.1,676.65
50 Day 1,736.15
Dec 4 - Close 100 Day 1,756.90
Open Price Rs.1,680.00
Currency in INR
Bid Price(Qty.) Rs.0.00 (0) 200 Day 1,650.46

R2 1712

R1 1691

Pivot 1681

S1 1660

S2 1650

Jus ca on and Comments:


Delivery Volumes
1 Month: Delivery volume fell by -2.02% ACC looks bullish on the Daily Charts, Stock has seen fresh breakout
1 Day: Delivery volume fell by -44.89% over 5 day Avg
in todays trading session, If ACC Test upside level of 1698 then we
can see new levels in next trading session.
Del Vol Del %
Stock is trading above its 21 days & 50 days and 100 Days
Nov 15, 2017 1.37 lk 38.90%
Exponen al Moving Averages on daily chart.

Stock has immediate support zone at 1660 levels. If Sustains above


5 Day Avg 2.49 lk 59.41% 1698 in tomorrow morning session of Market, We may see stock
heading towards higher levels
Trailing 1 Month Avg 1.49 lk 44.69% Stock has today seen huge upsurge in volumes and stock Ended in
Posi ve note.

Previous 1 Month Avg 1.52 lk 34.68% In Next trading Session on Tuesday 05-DEC-2017, upside movement
can be seen in the stock and if it is Sustain above 1698 level then
upper side major Resisitance level will be 1720 and its major support
levels of 1660.

BUY ACC LTD @ 1680-1700 TARGET 1720- 1730 SL-1660 (QTY 5000)
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24 CaratCall Monday, 4th December 2017
Today's Price Stats Moving Averages
Escorts Limited (NSE: ESCORTS) Volume traded 21,88,086 5 Day 698.54
Weighted Avg Price Rs.660.25 20 Day 697.36
Face Value Rs.10.00
661.50 -28.70 (-4.16%) 50 Day 698.08
Prev. Close Rs.690.20
Dec 4 - Close Rs.692.00 100 Day 674.16
Open Price
Currency in INR 628.84
Bid Price(Qty.) Rs.660.25 (1,094) 200 Day

R2 708

R1 684

Pivot 670

S1 646

S2 632

Delivery Volumes
1 Month: Delivery volume increased by 43.60% Jus ca on and Comments:
1 Day: Delivery volume increased by 1,280.11% over 5 day Avg

ESCORTS looks bearish on daily Chart.


Del Vol Del %
Stock is trading below 20,50&100 exponen al moving averages.
Nov 15, 2017 47.31 lk 35.50% Resistance in the Stock lies at 635 and support lies at 692

Stock has today seen huge upsurge in volumes and stock Ended in
5 Day Avg 3.43 lk 35.45% Nega ve note.

In next trading session on tuesday 05-DEC-2017, downside move


Trailing 1 Month Avg 5.40 lk 33.15% can be seen if it will break downside levels of 635 ,will act as good
Resistance and 692 level will be a support. If Stock Sustains below 663
it can head towards downside levels.
Previous 1 Month Avg 3.76 lk 27.50%

SELL ESCORTS 660 670 @ TARGET 635 -615 SL-692 (QTY-5000)

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24 Carat Call Performance Monday, 4th December 2017
Our Previous Recommendation
Date Call Target/SL P&L
1 Dec 2017 BUY APOLLOHOSP ABOVE 1140- 1150 TARGET 1180-1195 STOP LOSS 1100 QTY 750 TG ACHIEVED +12,000/-
1 Dec 2017 BUY NMDC -128-129 TARGET 132-134 STOP LOSS 126 QTY 5000 NOT EXECUTED NIL

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24 Carat Calls Monthly Performance - Checked By

Months Prot & Loss


September 2017 Rs. 2,76,900/-
October 2017 Rs. 1,28,550/-
November 2017 Rs. 98,200/-
December 2017 Rs. 12,000/-*

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Team :

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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 (Trainee Commodity Research Analyst) 24cn.mcx@gmail.com

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