17th January 2017 Tuesday

Sharekhan Pre - Market Action

Trading Ideas: Long/Short Ideas identified on basis of Fundamental Trigger/News/Events.

List of stocks identified for trading with positive and negative bias for the
Watch List:
day.

Important News & Events (Both Domestic & Global) to keep you updated on
News/ Updates:
all the happenings in markets.

Index Ideas: Nifty and Bank Nifty view for the day.
 Fortis Healthcare (CMP 191.5 )
Daiichi Sankyo moves HC to block Singh brother's
bid to sell stake in Fortis

Action to be taken: Short Fortis

Stop Loss: 197 Target: 183

 News Update

IMF cuts India's growth rate to 6.6% due to note
ban

GST issues resolved post consensus on dual

control as per media reports & is now likely to be
rolled out by 1st July 2017

BSE fixes IPO price band at Rs. 805-806 to raise

Rs. 1243 cr

Suzlon , Gamesa achieve milestones in wind

power capacity installations
 News Update

Jagran Prakashan's subsidiary commences its
radio station

TCS partners with Aurus to enhance omnichannel

payment solutions, the omnichannel payment
solution facilitates transactions across channels

Team Lease acquires in Keystone Business

Solutions

Muthoot Finance to raise Rs. 1400cr via NCDs

 News Update

Reliance to invest another Rs. 30000 cr into Jio
Infocomm

Govt Planning to overhaul Rs.10000 cr startup

fund

BPCL: Board approves in-principle nod of

merger of Petronet CCK with co

ABG Shipyard gets three suitors, lenders want

it out of debt recast
 News Update

Tata Group looks to boost stake in 5 listed cos
incl Tata Motors & Tata Steel

Delta Corp: Receives license for commencing

operations of Sikkim casino

HCL Tech: Claims allegations filed by

CultureSphere Inc vs arm are baseless

Titan: To merge second jewellery brand Gold

Plus Network as part of Tanishq
 Result Update

Reliance Industries Q3FY2017: Reliance has
reported a stand-alone PAT of Rs8,022 crore
(+10% YoY; + 4.1% QoQ ) & GRMs at $10.8/bbl

Geometric Q3 : Cons PAT at Rs. 44.7 cr vs Rs.

39.6 cr QoQ

Jay Bharat Maruti Q3: Revenues up 24%, PAT

up 29%, EBITDA up 19%, Margins at 8%
 Results Today (17.1.2017)
Stock Est PAT (Rs. Crs)

HAVELLS 126

Other Important Results:Canfinhome,Delta

corp, Mastek, NIIT tech
 Watch List

Stocks With CMP Stocks With - CMP

+ve Bias (Rs) ve Bias (Rs)

AXIS BANK 477 ONGC 199

IBREALEST 79 IGL 916

TCS 2261 OIL India 343

 Advisory Picks (17.1.2017)
Advisory Picks will also be flashed on ET now between
9.15- 9.30 a.m

Company Close Price Tgt Price Upside (%)

Suven Lifescience 173 216 25%
Bajajholding 1898 2516 33%
NBCC 275 340 24%
Triveni Turbines 113 140 24%
HDFC Bank 1248 1415 13%
 CPSE ETF Further Fund Offer (FFO)

CPSE ETF is an open ended index scheme listed on the
Exchange in the form of an Exchange Traded Fund (ETF),
which tracks the Nifty CPSE Index.

Invest in 10 Maharatnas & Navratnas at 5% discount

CPSE ETF FFO dates:

For anchor For Non Anchor
investors Investors
FFO opens on 17-Jan-17 18-Jan-17
FFO closes on 17-Jan-17 20-Jan-17
FFO Investment Rationale:

Play on India growth story through investment in the large CPSE stocks at
attractive valuations

Portfolio diversification through investment in blue-chip Maharatna and

Navaratna CPSE stocks which are sector leaders

FFO price advantage Upfront discount to all categories of investors

Attractive Valuation and Dividend Yields: P/E ratio and dividend yields
better compared to broader market index

Flexibility of trading on real time basis

Lower expense ratios and transaction costs

Investors will be able to diversify exposure across a number of Public Sector

companies through a single instrument
CPSE ETF
Global Update
 Global Indices and news
All U.S. financial markets were Prev
closed on Monday to Index Close Change Change
Close
commemorate Martin Luther King
Jr. Day, giving investors time to
regroup ahead of the fourth-
quarter earnings season, which is
expected to pick up pace after the Dow 19886 19886 - -
holiday.
Jones
Asian stocks and the pound
sagged on Tuesday ahead of a S&P 500 2274 2274 - -
speech by British Prime Minister
Theresa May that could have
implications for broader risk
sentiment. FTSE 7327 7338 -11 -0.15%
No Key data to watch in US today.
 MID Ideas
Technical Update
 Technical view Nifty 8413

 Short Term Target for Nifty is 8430

 Crucial Support area for Nifty is 8320

 Intraday levels:
Support 8370 8320 Resistance 8460 8510

All levels are spot levels

 Technical view Bank Nifty- 19096

Crucial Support for Bank Nifty is at 18781

Intraday levels:
Support 18965 18781 Resistance 19252 - 19420

All levels are Spot levels

Derivative Morning View for
Jan 17,2017
 Futures Activity
Current Previous % change
Nifty (Current Mon.)
8431.7 8417.7 0.17%
Nifty CoC 9.11% 3.18% 186.85%
OI 22751625 22419150 1.48%
PCR(OI) 1.27 1.23 2.90%
INDIA VIX 15.07 14.38 4.80%
Nifty added 3.32 lakh shares in OI.
 Options Activity
Most active index call option
Strike Curr. IV Curr. OI % Chg. OI % Chg. IV
8500 C 10.97% 4529025 -5.34% 7.07%
8400 C 11.52% 4998675 -1.37% 6.22%
8600 C 10.73% 4281000 6.32% 6.37%

Most active index Put option

Strike Curr. IV Curr. OI % Chg. OI % Chg. IV
8400 P 12.06% 4511250 18.17% 7.14%
8300 P 13.50% 6580725 12.69% 7.75%
8200 P 15.20% 6174900 2.43% 8.73%
On the options front in the January series 8000 PE stands with the
highest number of shares in the open interest (OI). Whereas on call
side 8400 CE stands with the highest number of shares in the open
interest (OI).

Securities in Ban For Trade Date 17-Jan-2017

1. CENTURYTEX
2. HDIL
3. IBREALEST
4. JINDALSTEL
5. JPASSOCIAT
6. JUSTDIAL
7. RCOM

FII :
INDEX FUTURES - 118.92 cr.
INDEX OPTIONS - 340.58 cr.
STOCK FUTURES - 199.94 cr.
STOCK OPTIONS + 21.90 cr.
 Market Level

Higher
5-DAY VWAP Lower Range
Range
8320 8320 8500
SGX Nifty +15.00 points at 8448.00 (Jan Fut.)
 Media Appearance (17-01-2017)
Our team is regularly doing Media
appearance on various news
channels

-Hemang Jani
ET NOW 8:30 AM
 Media Appearance Technical Research

Our team is regularly doing Media

appearance on various news channels

- Jay Thakkar, CMT

- ET NOW (2.00 p.m. 2.30 p.m.) (Live)

-Gaurav Ratnaparkhi

-CNBC TV 18 Bulls Eye (8.30 a.m 9.15 a.m) (Recorded)

Thank You
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