Equity Premium Daily Journal

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1 Equity Premium Daily Journal Strictly for Client circulation Sebi Reg No:- INH Thursday, 5th October 2017 NIFTY SENSEX Dollar / Rupee Euro / Rupee contactus@24cfincom Shekhar Central, Palasia Square, Indore , Madhya Pradesh, INDIA

2 Market Wrap Nifty, Sensex end in negative territory Major benchmark indices, Ni y and Sensex closed lower by 26 points or 026% at 9,888 level and 79 points or 025% at 31,592 level There were 933 advances, 706 declines and 325 unchanged stocks on NSE indica ng posi ve breadth floa ng in the market India VIX ended lower by 152% at 1162 level In the broader markets, BSE Mid-cap index closed at 15,691 level, up by 77 points, while BSE Small-cap index closed at 16,449 level, up by 128 points Bank Ni y ended at 24,058 level, down by 55 points or 023% Selling ac vity was seen in sectors including IT, FMCG, Telecom and Auto, while all the other sectoral indices on BSE closed in the posi ve territory Ni y Media index was the top gaining index ending at 3012 level, up by 060% Ni y Financial Services index ended lower by 044% at 9956 level Punjab Na onal Bank was the top gainer in the Bank Ni y index atrs per share up 212% IDFC Bank and IDFC Bank were also among the top gainers on the index ending higher by 1% Buzzing Stocks ü Closing Bell:Gainers: Aurobindo (+25%), Ambuja, NTPC (+2%) Losers: Tech Mahindra, Infratel (-3%) üsbi puts 24 accounts with outstanding loan of Rs 3554 Cr up for sale to ARCs/NBFCs/FIs/Banks, as per media reports üni y Realty Index up 1% DLF, HDIL (+3%), Unitech, Pres ge (+15%) ümaru Suzuki Sept produc on up 33% at 151 Lk units vs 146 Lk units (YoY) Stock ends marginally down ügravita India stock jumps 135% on rise in lead price üshoppers Stop stock shines 25% on acquisi on of HyperCity by Future Retail ünatco Pharma marke ng partner Mylan launches generic Gla ramer Acetate in the US market Stock gains 3% üglenmark stock up 2% as UK regulator renews manufacturing licence at Baddi unit

3 Market Action 4:04 PM Indian markets witness a minor drop Shares of Indian markets have closed with a minor drop; Nifty at 9888, down by 26 pts 4:03 PM Spice Jet closes with gains Shares of Spice Jet have witnessed an uptick of ~25%, after it partnered with Japan s Setouchi Holdings For the purchase of 100 amphibian plans 1:11 PM European markets open flat European markets open flat; no major movement seen in DAX & CAC Indian markets witness a minor drop; Nifty at 9903 (-11 pts) 11:06 AM Parag Milk Foods surges by ~2% Shares of Parag Milk Foods have gone up by ~2%, after the RBI increased the FPI /FII limit to 40% from 24 % 11:04 AM SBI appoints a new chairman Shares of SBI have fallen ~11%, after the government appointed Rajnish Kumar as the new chairman of the bank for next three years 11:01 AM Prataap Snacks makes a stellar debut Shares of Prataap Snacks have made a stellar debut on the IPO; listing at a premium of ~35% to the issue price of Rs 938 on the BSE 10:58 AM Pharma & Realty stocks move up Shares of Pharma & Realty Companies witness an uptick; Telecom stocks drop Auro Pharma(+263%) M&M(+175%) Bharti Infratel (-281%) 10:24 AM Indian markets open to market gains Shares of Indian market open to minor gains; Nifty at 9931, gains 16 pts

4 Index Pullers & Draggers Index Pullers Company Name LTP Change Contribution Points Index Draggers Company Name LTP Change Contribution Points Reliance Inds (065%) 454 ICICI Bank (-156%) -728 NTPC (181%) 237 H D F C 1, (-093%) -686 Infosys (038%) 178 ITC (-080%) -480 Yes Bank (103%) 172 Power Grid Corpn (-196%) -239 M & M 1, (093%) 144 Tech Mahindra (-303%) -236 Stocks Showing Activity Top Gainers -Nifty 500 Top Losers-Nifty 500 Company Name LTP Change Company Name LTP Change Jai Corp (997%) Shilpi Cable (-496%) Indo Count Inds (878%) Videocon Inds (-472%) Dilip Buildcon (860%) ICICI Pru Life (-329%) Phoenix Mills (783%) Tech Mahindra (-303%) Navin FluoIntl (764%) Godrej Propert (-299%)

5 Advance/ Decline Index Advance Decline Nifty Nifty Next Nifty Nifty Nifty Week High-Low 52 Week High Today-Nifty Week Low Today-Nifty500 Company Name LTP Change Company Name LTP Change Dilip Buildcon (860%) Shilpi Cable (-496%) G N F C (764%) Videocon Inds (-472%) Jubilant Food 1, (532%) CRISIL 1, (-109%) Endurance Tech 1, (494%) Ballarpur Inds (-042%) Gujarat Gas (441%) Dish TV (085%)

6 Nifty Spot View NIFTY (-026%) Oct 5-Close Intraday 52 Week OPEN 9,92700 HIGH 9, ,17895 P CLOSE 9,91490 LOWS 9, ,89380 R R Pivot 9905 S S ü In Thursday s trading session Benchmark Indices Ni y opened on a flat note and traded with sideways movement Through the day, the Ni y Index traded in a narrow range on the fla sh side, apart from some posi ve movements in the early part of the day However, the market soon gave up its gains and con nued to see sideways day of trade Fresh selling in the last hour of trade dragged Indices lower and led to the market ending on a subdued note Ni y Index snapped its four-day gaining streak to close below 9900-mark Ni y closed lower by 26 points or 026% at 9,888 level ü Technically Ni y index is trading below its trend line and its 21 days & 50 days moving averages, Ni y Index also could not hold on it importa on levels of 9900 on daily chart ü Hence we are stay on our bearish move in ni y & In next trading session down side movement can be seen in the index and it can test down side levels of Ni y index is facing strong resistance at 9960Traders are advised to make short posi ons in Ni y around for down side levels of while 9960 would act as a strong resistance for stop loss

7 Bankl Nifty Spot View NIFTY BANK (-023%) Oct 6 - Close Intraday 52 Week OPEN 24,11475 HIGH 24, ,19880 P CLOSE 24,11330 LOWS 24, ,60690 R R Pivot S S ü In Thursday s trading session Bank Ni y opened on a flat note and traded in a narrow range on the fla sh side, apart from some posi ve movements in the early part of the day Bank Ni y Index ended at 24,058 level, down by 55 points or 023% Punjab Na onal Bank was the top gainer in the Bank Ni y index at Rs per share up 212% IDFC Bank were also among the top gainers on the index ending higher by 1% ü Technically Bank Ni y index is trading below its major resistance levels of and its 21 days & 50 days moving averages on daily chart ü Hence we are stay on our bearish move in Bank Ni y Index & in next trading session it can test down side levels of if it breaches its major support levels of on lower side Bank Ni y Index is facing major resistance at 24250

8 Diamond Call Bharat Financial Inclusion Ltd (NSE:BHARATFIN) (238%) Oct 5 - Close Currency in INR Range week Open Vol 114M Mkt cap 13407B P/E Bharat Financial Inclusion Limited, formerly SKS Microfinance Limited, is a non-banking financial company-micro finance institution (NBFC-MFI) The Company is engaged in providing micro finance services to women in the rural areas of India enrolled as members and organized as Joint Liability Groups In addition to its business of providing micro-credit, the Company uses its distribution channel to provide other financial products and services to the members Programs in this regard primarily relate to providing of loans to the members for the purchase of mobile handsets, solar lamps, bicycle and sewing machines, among others The Company provides door step delivery of its services through center meetings in villages The Company offers loans mainly for income generating activities and not for personal consumption The Company has presence across approximately 20 states, covering over 100,000 villages and catering to approximately 697 lakh women members R2 991 R1 979 Pivot 961 S1 950 S2 932 Jus fica on & Comments ü Bharat Financial Inclusion Ltd (NSE: BHARATFIN) Looks bullish on Daily charts ü Fresh break out has been seen in the counter, Chart structure is posi ve ü Stock has seen breakout from Flag Price Pa ern on Daily charts ü Stock Managed to Close above immediate Resistance levels of 960 ü Stock trading above 21 EMA, 50 EMA & 100 EMA since last few Weeks ü Stock is trading Close to 52 week Highs and chances of new 52 Week highs can be there ü Looking at the Chart Structure, Technical Pa ern, Moving Averages, We are bullish on the Counter and suggest fresh buying in the next trading session The only concern is Volumes are at lower Side and Key Momentum Indicator MACD (21,50) Trading in Nega ve zone BUY BHARATFIN AROUND TARGET 983/ 997 STOPLOSS 943 (QTY: 1000

9 Diamond Call Strides Shasun Ltd (NSE:STAR) (022%) Oct 5 - Close Currency in INR Range week ,27470 Open Vol 433,62700 Mkt cap 7659B P/E 2244 Strides Shasun Limited, formerly Strides Arcolab Limited, is a vertically integrated global pharmaceutical company The Company is engaged in the development and manufacturing of active pharmaceutical ingredients (APIs) and formulations, as well as biotech Its business segments include Pharmaceutical and Biotech businesses Its geographical segments are Africa, Australasia, North America and Europe, South and Central America, India and Others The Company focuses on developing complex pharmaceutical products across therapeutic segments The Company's products include general tablets, hard gelatin capsules, soft gelatin capsules, sachets, dry powders, dry syrups, potent drugs, semi solids, ointments and creams It is also involved in supplying generics to hospitals approved by the National Health Service (NHS) and over-the-counter (OTC) products through retail outlets It operates approximately 10 facilities, which are diversified across Asia, Africa and Europe R2 879 R1 867 Pivot 859 S1 847 S2 840 Jus fica on & Comments: ü Strides Shasun Ltd (NSE:STAR) looks bullish on Daily charts ü Stock is trading near to weekly Support levels of 850, If Break we may see further Correc on ü Stock trading below Key Moving averages: 21 EMA, 50 EMA & 100 EMA on daily Chart ü Key Momentum Oscillator MACDH Trading in nega ve Zone ü Increase in Volume has been Seen since Last week s Price correc on ü Looking to the technical Indicators, Support Levels, Moving Averages and Volume Ac on We suggest Short Selling the stock for next intraday trading session SELL STAR AROUND TARGETS 825/ 795 STOP LOSS 885 (QTY: 500)

10 Key Indices Index LTP % Change Nifty Smallcap 100 Nifty Midcap 100 Nifty Next 50 Nifty 500 Nifty 200 Nifty 100 Bank Nifty Nifty 50 7, , , , , , , , (098%) (055%) 8200 (029%) -040 (000%) -495 (-009%) (-018%) (-023%) (-026%) High 7, , , , , , , ,94595 Today Low 7, , , , , , , ,88185 Sector Indices Index LTP % Change Nifty Realty Nifty Media Nifty Metal Nifty Pharma Nifty Energy Nifty PSU Bank Nifty Auto Nifty IT Nifty FMCG Nifty Financial Services , , , , , , , , , (091%) 1800 (060%) 1030 (029%) 2185 (023%) 385 (003%) -135 (-004%) (-010%) (-014%) (-038%) (-044%) High , , , , , , , , ,01680 Today Low , , , , , , , , ,94595

11 Global Indices Indices Date Value Previous Close Change % Change Shanghai DAX CAC 40 FTSE Straits Times Nasdaq Nikkei DOW Jones Hang Seng 28/09/ /10/ /10/ /10/ /10/ /10/ /10/ /10/ /10/2017 3, , , , , , , , , , , , , , , , , , FII And DII Activity Updated as on 4th October 2017 FII Activity Buy Value(In Crs) DII Activity Buy Value(In Crs) Sell Value(In Crs) Sell Value(In Crs) Net Value(In Crs) Net Value(In Crs) Cash Segment: FII s: DII s:

12 Diamond Call Performance & Profit Our Previous Recommendation Date Call Target/SL P & L 3rd Oct-2017 BUY TARGET 36250/ 3725 SL (QTY: 1500) TG ACHIEVED +30,000/- 3rd Oct-2017 SELL STAR BELOW 845 TARGETS 830/ 810 SL 860 (QTY: 500) NOT EXECUTED NIL 4th Oct-2017 SELL APOLLOTYRE BELOW TARGET 23245/ SL (QTY: 3000) 4th Oct-2017 BUY AUROPHARMA AROUND TARGETS 740/ 758 SL (QTY: 800) TG ACHIEVED +11,200/-

13 Bulls Eye s Calls Monthly Performance Checked By:- Months September 2017 October 2017 November 2017 Profit & Loss Rs 2,76,900/- Rs 41,200/-* December 2017 Disclaimer 24 CARAT FINANCIAL SERVICES The information and views in this report, our website & all the service we provide are believed to be relia-ble, but we do not accept any responsibility (or liability) for errors of fact or opinion Users have the right to choose the product/s that suits them the most Sincere efforts have been made to present the right investment perspective The information contained herein is based on analysis and up on sources that we consider reliable This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision The re-port does not provide individually tailor-made investment advice 24 Carat Financial services recommends that investors independently evaluate particular investments and strategies, and ncourages investors to seek the advice of a financial adviser 24 Carat Financial Services shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE The share price projections shown are not necessarily indicative of future price performance The information herein, together with all estimates and forecasts, can change without notice Analyst or any person related to 24 Carat financial Services might be holding positions in the stocks recommended It is under-stood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for Any surfing and reading of the information is the acceptance of this disclaimer All Rights Reserved Investment in equity & bullion market has its own risks We, however, do not vouch for the accuracy or the completeness thereof we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above 24 Carat Financial Services does not purport to be an invitation or an offer to buy or sell any financial instrument Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them If found so then Serious Legal Actions can be taken Team : Name Designation Mr Prateek Gupta Mr Lakhan Patidar Mr Dharmendra Saloniya Mr Shubham Chinwar (Technical Research Analyst-head) (Sr Derivative & Technical Analyst) (Commodity Research Analyst) (Sr Graphic Designer)