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CARAT

F nan c al S er v ces
advice as pure as gold

Sebi Reg. No.:- INH000003358

Wednesday, 25th October 2017

NIFTY 50 10295.35 87.65 (0.86%)

SENSEX 33042.50 435.16 (1.33%)

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Market Wrap Wednesday, 25th October 2017

Mammoth rally in PSU Banks with never seen surge of ~49% in PNB
In todays trade, Ni y & Sensex closed at record highs with banking sector contribu ng
~50% of gains.

PSU Bank index was the avour of the day, surging ~30% lead by PNB, Canara Bank &
SBI all hi ng fresh 52-week highs. PNB was the clear outperformer, gaining a
mammoth ~46% gains at the close.

Ni y Bank index rallied 755 points, gaining ~3.12%. The en re gain in the index future
was mainly on account of the short covering. Tracking the op ons front, all the ITM/ATM call op ons strikes ranging from
24000-25000 saw unwinding of short posi ons as call wri ng posi ons were taken for a toss.

S ll, Bank Ni y 25000CE has ~10 lakh shares in open interest, mainly short posi ons, so a upmove above its intermediate
resistance level of 25100 mark could bring fresh short covering in the index, leading to a thrilling end for the October F&O
expiry.
Ni y: +110points @ 10295
Bank Ni y: +947 points @ 25035
Top 2 F&O Gainer: PNB, CANARA BANK
Top 2 F&O Loser: HAVELLS, L&TFH
Most Ac ve Index Op on Contract:
Call Op on: 10300CE, O.I: ~6 lakh shares
Put Op on: 10200PE, O.I: ~ 2 lakh shares
Ni y Max O.I Strikes: 10300CE, 10000PE
Bank Ni y Max O.I Strikes: 25000CE, 24500PE (26th Oct 2017 Expiry)

Buzzing Stocks

Closing Bell: Gainers: SBI (+27%), ICICI Bank (+14.5%). Losers: Indiabulls HF (-5.5%), Bajaj Finance, Yes Bank (-5%).
Ni y Pharma Index slips over 1%. PEL (-4%), Lupin, Sun Pharma (-2%), Cadila (-1%).
PSU Bank Index hits 52-week high. PNB (+42%), Canara Bank (+36%), BOI (+34%), Union Bank (+32.5%).
Jain Irriga on Mexico unit wins orders valued at $ 24 mn. Stock marginally up.
KIOCL stock hits 5% lower circuit on prot booking a er logging gains in prior 6-trading days.
GIC Re makes a weak debut; Lists at Rs 850 Vs issue price of Rs 912/sh.
Ni y Bank index jumps over 850 points. PNB (+39%), Canara Bank (+34%), BoB (+28%), SBI (+26.5%), ICICI Bank (+16%).
RCom stock dips 3% as operator looks to shut down most of its wireless biz in 30 days.
Infra stocks gain.IL&FS Transporta on Networks (+6%), GMR Infra (+5.5%), L&T (+5%), Punj Lloyd (+2%), Reliance Infra
Simplex Infra (+1%).
HCL Tech slips 2% a er muted Q2 results.
Yes Bank stock falls 5% a er RBI imposes Rs 6 crore penalty.

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Market Action
4:30 PM
HUL Q2 Earnings beat estimates
HUL has surpassed the earnings estimates
on all accounts; after its net prot rose
16% to Rs 1,276 crore as compared to the
same quarter last year.
4:12 PM
Indian markets accelerate forward
Indian markets close with strong gains; Nifty
at 10295 , moves up by 87 pts.
2:37 PM
European markets open at
European markets open at; DAX & CAC up
by ~0.1%.Indian markets continue to make a
steady rise, Nifty at 10274 (+66 pts).
10:29 AM
PSU Bank index gains most since inception
PSU Bank Index has moved up by ~18%, the
most since inception after the Government
unveiled a Rs 2.11 lakh crore two-year road
map for strengthening the sector .
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Wednesday, 25th October 2017
4:16 PM
Indian markets accelerate forward
Indian markets close with strong gains; Nifty
at 10295 , moves up by 87 pts.
2:40 PM
Reliance Communication to close its
2G business
Shares of Reliance Communication have
dropped by ~3%, after the Company
announced that it will shut down its unsustai-
nable second-generation wireless operations.
10:34 AM
GIC IPO makes a lacklusture debut
Shares of GIC have made a lacklusture
debut on the stock exchange; gets listes a
850 - a ~7% discount to the issue price of
Rs. 912
10:21 AM
Indian markets off to a strong start
Indian markets off to a strong start; Nifty at
10247, gains 40 pts.
Key Indices Wednesday, 25th October 2017

Index Today
LTP % Change High Low
Nifty 50 10,295.35 87.65 (0.86%) 10,340.55 10,240.90
Bank Nifty 25,035.90 813.75 (3.36%) 25,157.80 24,560.75
Nifty Next 50 29,038.15 361.30 (1.26%) 29,070.75 28,804.05
Nifty 100 10,672.00 97.25 (0.92%) 10,707.85 10,611.35
Nifty 200 5,593.25 48.65 (0.88%) 5,613.25 5,561.50
Nifty 500 9,065.15 71.35 (0.79%) 9,103.00 9,017.80
Nifty Midcap 100 19,212.10 303.70 (1.61%) 19,238.60 19,006.45
Nifty Smallcap 100 8,306.85 129.40 (1.58%) 8,351.70 8,216.15
Advance/ Decline
Index Advance Decline
Nifty 50 26 24
Nifty Next 50 32 17
Nifty 100 59 41
Nifty 200 110 90
Nifty 500 244 250

Sector Indices
Today
Index LTP % Change High Low
Nifty PSU Bank 4,009.80 916.45 (29.63%) 4,041.00 3,400.45
Nifty Financial Services 10,144.90 166.50 (1.67%) 10,274.90 10,002.40
Nifty Energy 14,397.60 106.80 (0.75%) 14,435.20 14,294.20
Nifty Media 3,076.15 19.70 (0.64%) 3,109.80 3,039.90
Nifty Auto 11,150.30 70.30 (0.63%) 11,167.10 11,081.20
Nifty FMCG 25,638.20 135.20 (0.53%) 25,711.55 25,570.75
Nifty IT 10,925.45 40.70 (0.37%) 10,986.50 10,799.35
Nifty Metal 3,872.55 14.25 (0.37%) 3,897.35 3,825.45
Nifty Realty 290.40 -1.20 (-0.41%) 296.75 287.25
Nifty Pharma 9,346.75 -143.25 (-1.51%) 9,539.85 9,332.65
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Index Pullers & Draggers Wednesday, 25th October 2017

Index Pullers Index Draggers

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

ICICI Bank 305.70 39.15 (14.69%) 56.90 HDFC Bank 1,795.10 -72.00 (-3.86%) -39.67

St Bk of India 324.90 70.45 (27.69%) 53.20 Kotak Mah. Bank 1,010.55 -55.15 (-5.18%) -20.14

Larsen & Toubro 1,204.20 61.65 (5.40%) 18.73 HDFC 1,677.65 -44.65 (-2.59%) -18.99

Axis Bank 473.00 21.05 (4.66%) 8.89 Yes Bank 326.90 -20.70 (-5.96%) -10.48

UltraTech Cem. 4,460.25 233.15 (5.52%) 5.99 IndusInd Bank 1,592.40 -72.50 (-4.35%) -10.02

Stocks Showing Activity

Top Gainers -Nifty 500 Top Losers-Nifty 500

Company Name LTP Change Company Name LTP Change

Punjab Natl.Bank 202.05 63.85 (46.20%) Edelweiss.Fin. 264.35 -24.20 (-8.39%)

Canara Bank 439.90 122.80 (38.73%) L&T Fin.Holdings 195.20 -16.30 (-7.71%)

Union Bank (I) 176.30 44.90 (34.17%) Cholaman.Inv.&Fn 1,093.25 -83.85 (-7.12%)

Bank of India 188.50 47.95 (34.12%) Can Fin Homes 503.10 -35.80 (-6.64%)

Bank of Baroda 188.15 45.00 (31.44%) Yes Bank 326.90 -20.70 (-5.96%)

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52-Week High-Low Wednesday, 25th October 2017

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

Company Name LTP Change Company Name LTP Change

Punjab Natl.Bank 202.05 63.85 (46.20%) . . .

Canara Bank 439.90 122.80 (38.73%)

St Bk of India 324.90 70.45 (27.69%)

SAIL 67.00 5.40 (8.77%)

United Breweries 920.65 64.15 (7.49%)

Global Indices

Indices Date Value Previous Close Change % Change

CAC 40 25/10/2017 5,412.67 5,394.79 17.88 0.33
DAX 25/10/2017 13,017.95 13,013.19 4.76 0.04
FTSE 25/10/2017 7,507.15 7,526.54 -19.39 -0.26
DOW Jones 24/10/2017 23,441.76 23,273.96 167.80 0.72
Shanghai 24/10/2017 3,396.90 3,388.25 8.65 0.26
Hang Seng 24/10/2017 28,302.89 28,154.97 147.92 0.53
Nasdaq 24/10/2017 6,598.43 6,586.83 11.60 0.18
Nikkei 24/10/2017 21,707.62 21,805.17 -97.55 -0.45
Straits Times 24/10/2017 3,343.88 3,334.67 9.21 0.28

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 Nifty Spot View Wednesday, 25th October 2017

NIFTY
10295.35 87.65 (0.86%)
Oct 25, 16:10 Intraday 52 Week
OPEN 10,321.15 HIGH 10,340.55 10,340.55

P. CLOSE 10,207.70 LOWS 10,240.90 7,893.80

R2 10390

R1 10345

Pivot 10290

S1 10240

S2 10190

Jus ca on & Comments

The Ni y Index witnessed a strong opening on Wednesday morning with almost 117 points gap up & traded with posi ve
movement throughout the day. The market posted spectacular rally on Wednesday as Ni y Index ended at record closing
high, driven by banks a er the government announced a whopping Rs 2.11 lakh crore recapitalisa on dose for PSU banks.
The 50-share NSE Ni y touched an intraday record high of 10,340.55, before closing up 87.70 points or 0.86 percent at
10,295.40

Technically Ni y Index is in strong bullish trend and there is no indica on of any reversal as index has showed a good
strength on every dips and post a new all me high now index is in rm control of bulls and there is no stoppage for index
in near future. Traders must follow buy on dips strategy in index as 10260-10270 will be good levels for buy.

For next trading session, 10345-10390 are the strong resistance level. On the ipside, 10240-10190 would be seen as imm-
-ediate support levels.

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 Bankl Nifty Spot View Wednesday, 25th October 2017

Bank Nifty
25035.90 813.75 (3.36%)
Oct 25, 16:10
Intraday 52 Week
OPEN 24,980.65 HIGH 25,157.80 25,198.80
P. CLOSE 24,222.15 LOWS 24,560.75 17,606.90

R2 25510

R1 25270

Pivot 24900

S1 24670

S2 24320

Jus ca on & Comments

In Wednesdays trading session Bank Ni y opened on a gap up note and traded with posi ve movement backed by strong
move in PSU Banks, It was the day that belonged to the bulls with the Bank Ni y Index soaring more than 800 points in a
single day. Bank Ni y charged and was the dis nct outperformer with the index jumping 3.36 percent and closed at
25035.90 with 813.75 points gain. The en re gain in the index was mainly on account of the short covering.

Technically Index is in bullish trend and if Index managed to give breakout of its all me high levels than further up side
movement can be seen in the index as Index has formed Rectangle price pa ern on daily chart which con nues pa ern.
If Bank Ni y Index manages to sustain above 25000 levels than 25250 & 25400 levels are not far away.

For next trading session the resistance are placed around 25270-25510 while support levels are placed around 24670 and
24320 levels.

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 24 CaratCall Wednesday, 25th October 2017

Range 1,317.05 - 1,369.85

Century Textile and Industries Ltd (NSE:CENTURYTEX) 52 week 666.65 - 1,369.85
1,366.35 +32.40 (2.43%) Open 1,335.50
Oct 25 - Close Vol. 891,141.00
Currency in INR Mkt cap 152.17B
P/E 69.73
Century Textiles and Industries Limited is engaged in the business of textiles, rayon, cement, and pulp and paper. The Company's segments include Textiles, which
includes yarn, cloth and denim cloth, viscose filament yarn and tire yarn; Pulp and Paper, which includes pulp, writing and printing paper, tissue paper and multilayer
packaging board; Cement, which includes cement and clinker; Real Estate, which includes leased properties, and Others, which includes salt works, chemicals and
floriculture. The Company operates through various divisions, such as Birla Century, Century Cement, Century Yarn, Maihar Cement, Century Denim, Manikgarh
Cement, Cottons by Century, Century Pulp and Paper, and Century Rayon. The Company has approximately five cement plants and a grinding unit at various locations,
with a total cement manufacturing capacity of over 12.8 million tons per annum. Its manufacturing units are located at Gujarat, Maharashtra, Uttarakhand and Madhya
Pradesh.

R2 1403

R1 1384

Pivot 1350

S1 1332

S2 1298

Jus ca on & Comments

Century Textile and Industries Ltd (NSE:CENTURYTEX) Looks bullish on Daily & hourly chart
Stock is trading in Long term up trend, Short term and intermediate Trend is also up
Stock touched 52-Week highs in todays trading session with upsurge in volumes and in last hour of trading stock managed
to close near days highs which indicated momentum may con nue for the next trading session

Technical Study:
Its Firmly trading above Key Moving Averages: 21 EMA, 50 EMA & 100 EMA on Daily Charts
Key Momentum Indicator MACDH (21,50) Signal Period 20 EMA trading in Posi ve Zone
Daily Volumes increased with The increase in Prices
Looking at the Chart Structure, Volumes, Price Pa ern Forma on, and Moving Averages we are bullish on the counter and
suggest fresh buying for the Next Week

BUY CENTURYTXT @ 1355- 1360 TARGET 1385/ 1405 STOPLOSS 1335 (QTY: 550)

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 24 CaratCall Wednesday, 25th October 2017

Range 496.85 - 539.85

Can Fin Homes Ltd (NSE:CANFINHOME) 52 week 496.85 - 3,330.00
501.90 -37.00 (-6.87%) Open 534.00
Oct 25 - Close Vol. 1.99M
Currency in INR Mkt cap 66.90B
P/E 26.02
Can Fin Homes Ltd. is a housing finance company. The Company offers housing loan to individuals; housing loan to builders/developers, and loan against property. Its
loan portfolio includes housing loans and non-housing loans. Its housing loan products include individual home loans and various schemes related to the construction or
purchasing of properties. Its non-housing loans include mortgage loans, loans against commercial property, site loans, personal loans, flexi-lap and commercial housing
loans. The Company accepts deposits from the public, including fixed deposit and cumulative deposit. Under both types, it has general scheme, the senior citizen
scheme and trust deposit scheme. Its deposits include Fixed Deposit Scheme for Senior Citizens, Cumulative Deposit Scheme for Senior Citizens, CanFin Trust Fixed
Deposit Scheme and CanFin Trust Cumulative Deposit Scheme. It has approximately 170 branches/satellite offices distributed across over 19 States/Union Territories
of India.
R2 556

R1 529

Pivot 513

S1 486

S2 470

Jus ca on & Comments:

Can Fin Homes Ltd (NSE:CANFINHOME) Looks bbearish on Daily & hourly charts
Stock has seen fresh breakdown in todays trading session
Stock Closed below support levels place @ 510 which will act as Resistance now

Technical Study:
Stock rmly trading below Key Moving averages 21 EMA, 50 EMA & 100 EMA on daily charts
Key Momentum Indicator MACDH (21, 50) Signal Period 20 EMA trading Flat & Close to Zero
Huge upsurge in Volumes has been seen with Decrease in Prices which conrms the breakdown
Looking to the Chart Structure, Breakdown, , Moving Averages we are bearish on the counter and suggest Fresh short
selling in the counter at higher levels during the next trading session

BUY CANFINHOMES @ 510 TARGET 495/ 480 STOP LOSS 525 (QTY: 1250)

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FII And DII Activity Updated till 24th October 2017 Wednesday, 25th October 2017

FII RS CRORES
Date Gross Purchase Gross Sales Net Purchase/ Sales
24-Oct-2017 4033.61 5340.37 -1,306.76
23-Oct-2017 6646.46 6727.97 -81.51
19-Oct-2017 15.36 59.10 -43.74
18-Oct-2017 4936.95 6188.11 -1,251.16
17-Oct-2017 4373.70 4858.62 -484.92
16-Oct-2017 5286.91 5316.83 -29.92
DII RS CRORES
Date Gross Purchase Gross Sales Net Purchase/ Sales
24-Oct-2017 3666.45 3074.17 592.28
23-Oct-2017 3080.52 2772.68 307.84
19-Oct-2017 44.16 3.38 40.78
18-Oct-2017 4054.52 3150.25 904.27
17-Oct-2017 3386.69 2577.66 809.03
16-Oct-2017 3215.99 2943.30 272.69

FII And DII Activity Updated till 24th October 2017

Monthly FII Data (RS CRORES)

Date Gross Purchase Gross Sales Net Purchase/ Sales
September 2017 95,431.19 119,401.16 -23,969.97
August 2017 95,588.51 111,584.14 -15,995.63
July 2017 104,497.69 103,032.84 1,464.85
Monthly DII Data (RS CRORES)
Date Gross Purchase Gross Sales Net Purchase/ Sales
September 2017 79,160.50 58,134.97 21,025.53
August 2017 70,219.04 54,013.82 16,205.22
July 2017 67,911.76 63,125.39 4,786.37
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24 Carat Call Performance Wednesday, 25th October 2017

Our Previous Recommendation

Date Call Target/SL P&L
3rd Oct-2017 BUY PCJWELLERS @ 348.50 - 352.50 TARGET 362.50/ 372.5 SL 340.50 (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 237.45 TARGET 232.45/ 227.45 SL 242.45 (QTY: 3000) CLOSE @239.25 -5,400/-
4th Oct-2017 BUY AUROPHARMA AROUND 722- 726 TARGETS 740/ 758 SL 703.95 (QTY: 800) TG ACHIEVED +11,200/-
5th Oct-2017 BUY BHARATFIN AROUND 958- 968 TARGET 983/ 997 STOPLOSS 943 (QTY: 1000) MADE HIGH 981 +13,000/-
5th Oct-2017 SELL STAR AROUND 865- 855 TARGETS 825/ 795 STOP LOSS 885 (QTY: 500) CLOSED @ 837 +14,000/-
6th Oct-2017 BUY JUSTDAIL @ 402- 404 TARGET 414.5/ 427 STOP LOSS 389.50 (QTY: 1200) TG ACHIEVED +28,000/-
6th Oct-2017 BUY RELIANCE AROUND 828- 832 TARGETS 847/ 862 STOP LOSS 818 (QTY: 1000) CLOSE @ 830 NIL
9th Oct-2017 BUY PVR @ 1370- 1380 TARGET 1420/ 1460 STOP LOSS 1340 (QTY: 400) CLOSED @ COST NIL
9th Oct-2017 BUY BATAINDIA AROUND 745- 750 TARGETS 770/ 785 STOP LOSS 730 (QTY: 1100) NOT EXECUTED NIL
10th Oct-2017 BUY ASHOKLEY @ 126- 126.5 TARGET 129/ 132 STOP LOSS 123 (QTY: 7000) SL TRIGGERED -21,000/-
10th Oct-2017 BUY MOTHERSUMI ABOVE 349.5 TARGETS 353/ 356.5 STOP LOSS 346 (QTY: 3750) TG ACHIEVED +26,250/-
11th Oct-2017 SELL ZEEL @ 514.50- 516.50 TARGET 505/ 495 STOP LOSS 525.5 (QTY: 1300) CLOSED @ 518 -1,950/-
11th Oct-2017 SELL BANKINDIA AROUND 136-135.5 TARGETS 133/131 STOP LOSS 138 (QTY: 5000) TG ACHIEVED +22,500/-
12th Oct-2017 BUY BHARATFIN@ 995- 1000 TARGET 1030/ 1060 STOP LOSS 965 (QTY: 500) CLOSED @ 1004 +2,000/-
12th Oct-2017 BUY TCS @ 2540- 2550 TARGETS 2595/ 2655 STOP LOSS 2490 (QTY: 250) TG ACHIEVED +12,500/-
13th Oct-2017 BUY UFLEX @ 463- 468 TARGET 481/ 495 STOP LOSS 449 (QTY: 2000) TG ACHIEVED +20,000/-
13th Oct-2017 BUY MCX @ 1130- 1135 TARGETS 1165/ 1195 STOP LOSS 1105 (QTY: 500) CLOSED @ COST NIL
16th Oct-2017 BUY TATACOMM @ 718- 722 TARGET 742/ 762 STOP LOSS 700 (QTY: 700) CLOSED @ 723 +3,500/-
16th Oct-2017 SELL BAJAJ FINANCE BELOW 1875 TARGETS 1845 / 1815 STOP LOSS 1905 (QTY: 500) CLOSED @ 1867 +4,000/-
17th Oct-2017 BUY IBULHSGFIN ABOVE 1340 TARGET 1360/ 1380 STOPLOSS 1320 (QTY: 800) TG ACHIEVED +16,000/-
17th Oct-2017 BUY JUBLFOOD @ 1575- 1585 TARGET 1605/ 1635 STOP LOSS 1535 (QTY: 500) SL TRIGGERED -20,000/-
18th Oct-2017 BUY CENTURYTEX CASH ABOVE 1351 TARGET 1365/1375 STOP LOSS 1330,QTY:550 SL TRIGGERED -11,550/-
18th Oct-2017 BUY JUSTDAIL CASH @ 425-427 TARGET 434/438 STOP LOSS 420,QTY:1200 SL TRIGGERED -6,000/-
21st Oct-2017 SELL MARUTI @ 7730- 7750 TARGET 7650/ 7580 STOPLOSS 7800 (QTY: 250) SL TRIGGERED -12,500/-
21st Oct-2017 BUY ADANIENT @ 124.5- 125 TARGET 126.5/ 128 STOP LOSS 123 (QTY: 5000) TG ARCHIVED +10,000/-
23rd Oct-2017 BUY GRASIM @ 1175- 1180 TARGET 1195/ 1215 STOPLOSS 1155 (QTY: 750) TG ARCHIVED +15,000/-
23rd Oct-2017 SELL PCJEWELLER @ 345- 347 TARGET 335/ 325 STOP LOSS 355 (QTY: 1500) SL TRIGGERED -12,000/-
24th Oct-2017 BUY KSCL CASH AROUND 568-570 TARGET 576/582 STOP LOSS 562,QTY: 1200 TG ARCHIVED +8,000/-
24th Oct-2017 SELL TATAMOTORS CASH AROUND 418-417 TARGET 412/407 STOP LOSS 422,QTY:1500 SL TRIGGERED -6,000/-

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24 Carat Calls Monthly Performance - Checked By

Months Prot & Loss

September 2017 Rs. 2,76,900/-
October 2017 Rs. 1,51,600/-*
November 2017

December 2017

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