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Equity Daily Roundup

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Wednesday, 13th December 2017

Index Daily Change

Nifty 10193.00 -47.20 -0.46%

Sensex 33053.04 -174.95 -0.53%

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Market Wrap Wednesday, 13th December 2017

Nifty settles below 10,200 mark ahead of FOMC policy meet

In todays trade, markets witnessed heavy vola lity with both Ni y and Bank Ni y facing
selling pressure at higher levels.

Financial stocks were among the top losers as traders created short posi ons ahead of the
key US Federal Reserve policy outcome, which is scheduled later in the day.

The advance-decline ra o stood at 1:2. Ni y Futures and Bank Ni y Futures ended the day 0.37%/0.52% lower and added
fresh open interest to the tune of ~7/0.46 lakh shares, indica ng a marginal hint of short posi ons.

Tracking the op ons front call wri ng was witnessed in out of the money strikes with 10500CE and 10600CE adding ~5.31 and
~1.33 lakh shares respec vely indica ng short posi ons.

While out of the money 10000PE also witnessed short covering to the tune of ~5 lakh shares.

India Vix ended the day at 15.94 witnessing a steep surge of 4.49%.

Buzzing Stocks

Closing Bell: Gainers: HPCL, BPCL (+2%). Losers: Vedanta (-3%), Cipla, Adani Ports (-2%).

Cement stocks gains a er SC allows use of petcoke. Shree Cement (+3%), JK Lakshmi (+5%).

Orchid Pharma gets USFDA nod for Aripiprazole tablets. Stock rallies 5%.

DTH Operators gain a er Warburg Pincus picks stake in Airtel DTH. Hathway Cable (+3.5%), Den Networks (+1%).

SC stays NCLT order allowing govt to takeover Unitech board. Stock tanks 14%.

InterGlobe Avia on OFS non-retail por on fully subscribed.

Hexaware Tech announces partnership with Pegasystems. Stock down 1%.

Rico Auto, Ultra Fairwood in JV to manufacture transport systems. Stock down 1%

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Market Action
4:20 PM
Energy stocks make gains
Energy sector makes marginal gains.
Gainers: HPCL (2.02%) IOCL (1.80%).
2:41 PM
Cement gain; Supreme Court allows
the use of Pet Coke
Shares of Cement Makers have surged
after Supreme Court allowed cement
companies to use pet coke. Shree
Cement (+3.69%) JK Cement ( +4.6%).
10:45 AM
Energy stocks power through
Energy stocks push off to a strong start.
Gainers: Gail (India) (1.89%)
ONGC (1.75%).
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Wednesday, 13th December 2017
4:19 PM
Indian markets slide downwards
Indian markets slide downwards; Nifty at
10192, down by 47 pts.
10:47 AM
PSU Bank and FMCG stocks drop
PSU Banks & FMCG stocks lose steam in
the opening hours. Losers: VEDL (1.76%)
Adani Ports (1.49%).
10:30 AM
Indian markets off to a slow start
Indian markets move in a narrow range;
Nifty at 10236, no major movement seen.
Key Indices Wednesday, 13th December 2017

Index Today
LTP % Change High Low
Nifty 50 10,192.95 -47.20 (-0.46%) 10,296.55 10,169.85
Bank Nifty 25,000.35 -125.10 (-0.50%) 25,270.75 24,938.55
Nifty Next 50 29,496.70 -290.40 (-0.97%) 29,898.05 29,390.40
Nifty 100 10,605.65 -57.90 (-0.54%) 10,716.85 10,579.75
Nifty 200 5,591.55 -33.40 (-0.59%) 5,650.75 5,577.60
Nifty 500 9,101.80 -54.70 (-0.60%) 9,197.55 9,078.80
Nifty Midcap 100 19,754.90 -192.10 (-0.96%) 20,004.90 19,698.95
Nifty Smallcap 100 8,486.70 -106.20 (-1.24%) 8,630.35 8,461.60
Advance/ Decline
Index Advance Decline
Nifty 50 14 36
Nifty Next 50 7 42
Nifty 100 21 79
Nifty 200 44 156
Nifty 500 124 372

Sector Indices
Today
Index LTP % Change High Low
Nifty Energy 14,085.25 28.20 (0.20%) 14,212.30 14,015.95
Nifty Media 3,310.50 1.60 (0.05%) 3,354.00 3,295.15
Nifty IT 11,251.70 -20.75 (-0.18%) 11,328.75 11,210.70
Nifty Financial Services 10,248.70 -49.95 (-0.49%) 10,360.65 10,219.20
Nifty Auto 11,264.65 -66.45 (-0.59%) 11,374.65 11,231.70
Nifty FMCG 26,159.70 -194.05 (-0.74%) 26,485.00 26,059.80
Nifty Pharma 9,002.80 -116.30 (-1.28%) 9,160.40 8,982.15
Nifty Metal 3,563.30 -56.00 (-1.55%) 3,626.90 3,542.50
Nifty PSU Bank 3,729.35 -69.55 (-1.83%) 3,800.55 3,704.60
Nifty Realty 311.00 -6.80 (-2.14%) 318.95 309.50
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Index Pullers & Draggers Wednesday, 13th December 2017

Index Pullers Index Draggers

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

Kotak Mah. Bank 1,014.90 14.50 (1.45%) 4.95 ICICI Bank 302.95 -4.65 (-1.51%) -7.87

TCS 2,628.40 16.25 (0.62%) 2.09 HDFC 1,696.70 -14.10 (-0.82%) -5.89

IOCL 402.20 7.10 (1.80%) 1.85 ITC 259.00 -2.55 (-0.97%) -5.70

HPCL 423.35 8.40 (2.02%) 1.60 St Bk of India 313.30 -5.15 (-1.62%) -5.05

BPCL 506.30 7.35 (1.47%) 1.47 Vedanta 283.55 -9.60 (-3.27%) -4.79

Stocks Showing Activity

Top Gainers -Nifty 500 Top Losers-Nifty 500

Company Name LTP Change Company Name LTP Change

J K Cements 1,056.65 62.55 (6.29%) Unitech 6.60 -1.05 (-13.73%)

L & T Infotech 1,056.95 55.85 (5.58%) Videocon Inds. 17.55 -0.90 (-4.88%)

Sterlite Tech. 295.90 14.05 (4.98%) HFCL 28.10 -1.40 (-4.75%)

3M India 16,109.60 740.60 (4.82%) Religare Enterp. 57.35 -2.75 (-4.58%)

Parag Milk Foods 271.55 11.65 (4.48%) Muthoot Finance 413.00 -18.45 (-4.28%)

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52-Week High-Low Wednesday, 13th December 2017

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

Company Name LTP Change Company Name LTP Change

1,056.95 55.85 (5.58%) . -1.00 (-1.87%)

L & T Infotech .IDFC Bank 52.35

T N Newsprint 435.15 4.50 (1.04%) PTC India Fin 34.80 -0.55 (-1.56%)

Bombay Rayon 219.05 2.05 (0.94%) Max India 124.65 1.75 (1.42%)

Balkrishna Inds 2,441.30 15.25 (0.63%)

Shriram Trans. 1,370.80 7.15 (0.52%)

Global Indices

Indices Date Value Previous Close Change % Change

CAC 40 13/12/2017 5,420.09 5,427.18 -7.09 -0.13
DAX 13/12/2017 13,161.22 13,183.53 -22.31 -0.17
FTSE 13/12/2017 7,506.63 7,500.41 6.22 0.08
DOW Jones 12/12/2017 24,504.80 24,386.03 118.77 0.49
Shanghai 12/12/2017 3,303.04 3,280.82 22.22 0.68
Hang Seng 12/12/2017 29,222.10 28,793.88 428.22 1.49
Nasdaq 12/12/2017 6,862.32 6,875.08 -12.76 -0.19
Nikkei 12/12/2017 22,758.07 22,866.17 -108.10 -0.47
Straits Times 12/12/2017 3,468.77 3,465.54 3.23 0.09

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 Nifty Spot View Wednesday, 13th December 2017

NIFTY
10192.95 -47.20 (-0.46%)
Dec 13, 16:10 Intraday 52 Week
OPEN 10,236.60 HIGH 10,296.55 10,490.45

P. CLOSE 10,240.15 LOWS 10,169.85 7,893.80

R2 10346

R1 10269

Pivot 10219

S1 10142

S2 10092

Jus ca on & Comments:

The Ni y50 which saw intraday recovery failed to keep the momentum going and succumbed under selling pressure on
Wednesday and formed a bearish candle for the second day in a row. The Ni y50 which opened at 10,236 rose to an
intraday high of 10,296.55. Bears took control of D-Street and pushed the index below 10,200 to record its intraday low of
10,169. It slipped 47 points to close at 10,192.

Technical Study:

The index closed below its crucial psychological support level of 10200 and below its crucial short-term moving averages
which calls for cau on on D-Street. The Ni y index had a vola le day and a high swing day as it failed to surpass 10,300
levels and corrected towards 10170 zones. The Ni y50 registered a bearish candle which resembles a Spinning Top kind of
pa ern sugges ng that markets are indecisive ahead of the US Fed event. The Ni y50 has a strong support near 10,000
levels while crossing of 10,350 levels could result in a breakout.

On an immediate basis it has to hold above 10300-10330 zones to witness an up move towards 10409 then 10490 levels
while a hold below 10178 could open its downside towards 10094 then 10033 levels.

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 Bank Nifty Spot View Wednesday, 13th December 2017

Bank Nifty
25000.35 -125.10 (-0.50%)
Dec 13, 16:10
Intraday 52 Week
OPEN 25,118.20 HIGH 25,270.75 25,953.50
P. CLOSE 25,125.45 LOWS 24,938.55 17,606.90

R2 25401

R1 25201

Pivot 25070

S1 24869

S2 24737

Jus ca on & Comments:

The Bnak Ni y index opened at 25,118 with a gap down note and rose to an intraday high of 25,270 before sliding below
25,000 to hit an intraday low of 24,938. The Bnak Ni y nally closed 125 points down at 25,000.

Technical Study:

The pullback move in the Ni y Bank index resisted 21 EMA on the Daily chart and the index resumed its correc ve move
from this resistance zone. The underperformance from the banking conglomerates indicates a con nua on of the correc ve
trend in the near-term. The next probable support for the index is placed around the recent low of 24800-24700 which could
be retested soon. Hence, we con nue with our recent cau ous stance on the index and advise traders to refrain from any
kind of bo om-shing.

As per the pivot table 24,869 & 24,737 are the intraday support levels for the Ni y Bank index. The intraday resistance in
the index is seen in the range of 25,201-25,401.

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 24 CaratCall Wednesday, 13th December 2017
Today's Price Stats Moving Averages
Muthoot Finance Ltd (NSE:MUTHOOTFIN) Volume traded 13,25,259 5 Day 434.85
Weighted Avg Price Rs.413.00 20 Day 515.39
Face Value Rs.10.00
412.80 -18.65 (-4.32%) Prev. Close Rs.431.45
50 Day 499.51
Dec 13 - Close 100 Day 486.15
Open Price Rs.430.00
Currency in INR
Bid Price(Qty.) Rs.0.00 (0) 200 Day 444.41

R2 438

R1 426

Pivot 417

S1 405

S2 396

Jus ca on & Comments:

Delivery Volumes
1 Month: Delivery volume fell by -10.30% Muthoot Finance Ltd is looking bearish on daily charts.
1 Day: Delivery volume fell by -16.98% over 5 day Avg
Muthoot Finance Ltd has breached its major support levels of 420
Del Vol Del % and trading below this levels on daily charts.

Nov 15, 2017 1.38 lk 44.10% Technical Study:

Stock is trading below its key moving averages 21, 50 & 100 DMA on
daily chart.
5 Day Avg 1.66 lk 36.00%
Stock has breached its major trend line on daily chart and trading
below this trend line.
Trailing 1 Month Avg 2.22 lk 37.75%
Key Indicator MACDH (E9, E12, E24, close) is in nega ve zone and
placed @ -1.29
Previous 1 Month Avg 2.48 lk 36.95% A er analyzing the technical aspect of the stock further down side
movement can be seen in the stock.

SELL MUTHOOTFIN CASH @ 414-416 TARGET 405/396 STOP LOSS 426 ,QTY :750

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 24 CaratCall Wednesday, 13th December 2017
Today's Price Stats Moving Averages
JSW Steel Limited(NSE:JSWSTEEL) Volume traded 23,93,737 5 Day 249.38
Weighted Avg Price Rs.244.00 20 Day 232.11
Face Value Rs.10.00
244.15 -5.80 (-2.32%) 50 Day 248.97
Prev. Close Rs.249.95
Dec 13 - Close Rs.252.00 100 Day 244.86
Open Price
Currency in INR 220.15
Bid Price(Qty.) Rs.0.00 (0) 200 Day

R2 259

R1 251

Pivot 246

S1 238

S2 233

Delivery Volumes Jus ca on & Comments:

1 Month: Delivery volume fell by -20.88%
1 Day: Delivery volume fell by -20.47% over 5 day Avg JSW Steel Limited is looking bearish on daily charts.

JSW Steel Limited has breached its major support levels of 250 and
Del Vol Del % trading below this levels on daily charts.
Nov 15, 2017 8.15 lk 35.00% Technical Study:

Stock is trading below its key moving averages 21, 50 & 100 DMA
5 Day Avg 10.25 lk 37.04% on daily chart.

Stock has breached its major trend line on daily chart and trading
below this trend line.
Trailing 1 Month Avg 9.21 lk 35.16%
Key Indicator MACDH (E9, E12, E24, close) is in nega ve zone and
placed @ -0.94
Previous 1 Month Avg 11.65 lk 32.76%
A er analyzing the technical aspect of the stock further down side
movement can be seen in the stock.

SELL JSWSTEEL CASH @ 246-245 TARGET 240/235 STOP LOSS 251 QTY 2500

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24 Carat Call Performance Wednesday, 13th 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
4 Dec 2017 BUY ACC LTD @ 1680-1700 TARGET 1720- 1730 SL-1660 (QTY 5000) CLOSED @ 1698 +9,000/-
4 Dec 2017 SELL ESCORTS 660 670 @ TARGET 635 -615 SL-692 (QTY-5000) CLOSED @ COST NIL
6 Dec 2017 SELL CHENNPETRO @400-406 TARGET 396-390 SL-410 (QTY 5000) CLOSED @ COST NIL
6 Dec 2017 SELL TITAN @ 770-780 TARGET, 760-740 SL 788 (QTY-500) SL TRIGGERED -4,000/-
7 Dec 2017 BUY BRITANNIA ABOVE @4879-4890 TARGET 4993-5062 STOP LOSS 4776 (QTY: 500) CLOSED @ COST NIL
7 Dec 2017 BUY IDEA 95-97 TARGET 99- 105 STOP LOSS 93(10,000) CLOSED @ COST NIL
11 Dec 2017 BUY CEAT AROUND 1750 TARGET 1780/1805 SL 1725 (QTY 350) SL TRIGGERED -8,750/-
11 Dec 2017 BUY HINDZINC AROUND 294-295 TARGET 298/302 SL 290 (QTY- 3500) SL TRIGGERED -14,000/-

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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. -5,750/-*

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