Special report by epic research of 04 october 2017

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Please refer to disclaimer Epic Research Ltd www.epicresearch.co
Special Report
04 OCT-2017
Global markets at a glance
US stocks closed higher on Tuesday, building on strong
gains from their previous session.
The Dow Jones industrial average rose 84.07 points to
22,641.67, setting intraday and closing records, with 3M
contributing the most to the gains. The 30-stock index also
posted a five-day winning streak.
The S&P 500 finished 0.2 percent higher at 2,534.58 and
notched a record close; it also rose for the sixth straight
session. Airline stocks Delta and United Continental were
the best performers in the S&P, advancing 6.6 percent and
6.1 percent, respectively.
The Nasdaq composite advanced 0.2 percent to close at
6,531.71, and also hit a record high.
Asia is set for a mixed trading day on Wednesday, even
after US equities closed higher overnight.
In Japan, the Nikkei 225 was up 0.23 percent at 20,662.48
in early trade and the Topix index advanced 0.1 percent.
Fast Retailing shares were up 1.73 percent after reports
said same-store sales at its Uniqlo retail outlets in the coun-
try rose 6.3 percent on-year in September.
Meanwhile, shares of Japan Display rose 14.48 percent fol-
lowing a report from the Nikkei business daily that the
company intends to begin mass production of small OLED
panels for smartphones as early as 2019.
Previous day Roundup
The Nifty opened with a gap on the higher side but failed to
hold on to the momentum and closed below its opening
level making a ‘Hanging Man’ kind of pattern on intraday
charts.
A Hanging Man is a bearish candlestick pattern which is
usually formed at the end of an uptrend. The index
bounced back after hitting a low of 9687 on 28th Septem-
ber to 9859 on 3rd October.In the exact pattern, market
witnesses a significant selloff towards opening but manag-
es to recoup losses and closes near the opening level. How-
ever, in Tuesday’s session, Nifty closed 34 points short of its
opening level.
The Nifty opened at 9893 and closed at 9859.50 on Tues-
day. It slipped to an intraday low of 9831.05 thus resulting
in a long lower shadow and a high of 9895.40 which was
close to the opening level and formed a small upper shad-
ow.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Consumer Durables [up
391.42 pts.], Capital Goods [down 34.21pts], PSU [up
20.27 pts], FMCG [up 108.94pts], Realty [up 8.60pts],
Power [down 10.75pts], Auto [up 199.24 pts], Healthcare
[up 69.25pts], IT [up 58.89 pts], Metal [up 159.40 pts],
TECK [up 27.32 pts], Oil& Gas [up 199.63 pts].
World Indices
Index Value % Change
DJI 22,555.00 1.03
S&P500 2,525.50 0.93
NASDAQ 6,531.71 0.23
FTSE100 7,468.11 0.39
NIKKEI 20,659.12 0.22
HANG SENG 28,372.81 0.70
Top Gainers
Company CMP Change % Chg
GAIL 435.40 16.35 3.90
Bharti Infratel 408.50 10.10 2.54
UPL 796.00 17.50 2.25
Reliance 798.35 17.45 2.23
Aurobindo Pharm 706.95 15.30 2.21
Top Losers
Idea Cellular 75.90 -1.55 -2.00
Cipla 578.90 -7.20 -1.23
Bharti Airtel 384.65 -4.80 -1.23
Maruti Suzuki 7,888.30 -89.90 -1.13
Power Grid Corp 206.15 -4.85 -2.30
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
ADANITRANS 152.8 5.25 3.44
ADORWELD 434.2 82.3 18.95
ANIKINDS 77.6 -3.85 -4.96
ASAL 94.2 3.2 3.4
ASHOKLEY 123.1 -0.7 -0.57
AVANTIFEED 2029.7 270.3 13.32
BAJAJ-AUTO 3109.4 45.6 1.47
Indian Indices
NIFTY 9859.50 70.90 0.72
SENSEX 31497.38 213.66 0.68
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ADHUNIKIND 43.9 -2.15 -4.9
ADSL 19.55 -0.1 -0.51
BALLARPUR 12.65 -0.65 -5.14

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Special Report
04 OCT-2017
STOCK RECOMMENDATION [CASH]
DMART (CASH) (OPEN POSITION)
DMART given a reversal from two previous down sessions
and given a volume breakout on daily chart. If we look on
hourly chart so it took support from 23.6% of its fibonaci
retracement and may go upto 1150 levels. We had seen
good up ward rally in last trading session in this stock and
expect to break 52 week high in up coming week. BUY
DMART ABOVE 1095 TGT 1130 1160 SL 1065.
MACRO NEWS
 The Nifty50 futures on the Singapore Stock Exchange
were trading 12.50 points higher at 9887 indicating a
flat opening for the domestic market.
 Amid a public outcry over rising fuel prices, the Union
government has reduced the basic excise duty on pet-
rol and diesel by Rs 2 per litre with effect from
Wednesday. The Finance Ministry said the decision
was taken in a bid to cushion the impact of the rise in
global crude oil prices and to protect the interests of
the common man.
 Animal feed company Godrej Agrovet's initial public
offering is scheduled to open for subscription on Octo-
ber 4, with a price band of Rs 450-460 per share. The
issue will close on October 6. Kotak Mahindra Capital
Company, Axis Capital and Credit Suisse Securities
(India) are the book running lead managers to the pub-
lic issue.
 On the eve of RBI's monetary policy announcement,
industry body CII pitched for an "out of the box" inter-
vention in the form of 100 basis points cut in the key
interest rate to spur private sector investments. Bank-
ers, however, are of the view that the Reserve Bank of
India (RBI) would maintain status quo as inflation has
risen .
RECOMMENDATIONS [FUTURE]
LICHSFIN(FUTURE) (OPEN POSITION)
Looking at the daily chart its clear that its reversing from its
crucial support level, there are two important support level
ie., 608 and 628, today it may give a low start or flat move,
rbi credit policy would have a very good impact if rate cuts
then we can get more upside rally so we advice to BUY
LICHSFIN AROUND 638-643 TGT 648-658 SL BELOW 628
MOTHERSUMI (FUTURE)
MOTHERSUMI Future too volatile it is moving near life time
high but as the market breached we saw strong profit book-
ing into mohtersumi but at the closing of the last week it
finished with doji candle on weekly chart since market is still
looking bearish so short sell will be good around 343-345 for
target of 336 325 with stop loss of 350.05.

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Special Report
04 OCT-2017
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 9,900 92 1,48,366 34,23,525
NIFTY CE 10,000 50 1,44,359 46,92,150
NIFTY CE 10,100 24.45 79,643 28,24,275
RELIANCE CE 800 21.45 3,391 14,17,000
TATAMOTORS CE 420 11.85 2,805 16,18,500
TATAMOTORS CE 430 8.15 2,572 18,22,500
RELIANCE CE 820 13.6 2,494 9,22,000
TATAMOTORS CE 440 5.45 2,049 13,02,000
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 9,800 86.2 1,56,487 36,10,425
BANKNIFTY PE 24,000 95.05 1,26,910 4,62,280
TATAMOTORS PE 400 5.8 1,520 5,76,000
RCOM PE 15 0.7 1,324 51,10,000
SBIN PE 250 5.2 1,215 20,10,000
RELIANCE PE 780 12.3 1,207 4,53,000
TATAMOTORS PE 410 9.4 1,112 3,85,500
TATAMOTORS PE 420 14 1,055 4,66,500
FII DERIVATIVES STATISTICS
BUY OPEN INTEREST AT THE END OF THE DAYSELL
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES 29196 2335.43 26032 1993.29 235093 18006.66 342.1441
INDEX OPTIONS 415048 33208.42 399021 31906.49 928846 70542.74 1301.9345
STOCK FUTURES 91787 6683.96 82398 5981.37 806653 55182.28 702.5898
STOCK OPTIONS 55758 4343.66 54843 4224.96 27875 2095.64 118.7072
2465.3756
STOCKS IN NEWS
 Glenmark to reduce R&D spending as challenges
mount.
 India Cements gets shareholder nod for issue of
NCDs/bonds/other securities .
 IndiGO to get DGCA nod for modified regional plans
NIFTY FUTURE
GDP slow down fear shown onto the market into last
week Nifty faces strong selling pressure and after gap
down opening at the starting of week it slipped around
270 point in a week but around 9690 it given some
bounce which was low in July. Since coming near mid
term support level as well as on the first day of October
series finished with gravestone doji formation so below
9680 we can see strong selling up to 9500 for that sell
will be good in bounce back around 9840-9830 TGT 9800
INDICES R2 R1 PIVOT S1 S2
NIFTY 9916.30 9887.60 9887.60 9830.60 9802.30
BANKNIFTY 24317.00 24210.00 24110.00 24003.00 23903.00

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Special Report
04 OCT-2017
COMMODITY ROUNDUP
Gold futures edged higher on MCX despite the hopes for a
US tax reform plan and a rate hike before the end of the
year continued to support demand for the US dollar. The
contract for October delivery was trading at Rs 29630.00, up
by 0.07% or Rs 22.00 from its previous closing of Rs
29608.00. The open interest of the contract stood at 3164
lots. The contract for December delivery was trading at Rs
29828.00, up by 0.27% or Rs 79.00 from its previous closing
of Rs 29749.00. The open interest of the contract stood at
7241 lots on MCX. Gold and silver were trading in a narrow
range in morning trade on Friday on account of subdued
demand in precious metals from jewellers, industries and
investors. MCX Gold futures were down 0.13 per cent, or
Rs 38, at Rs 29,570 per 10 gram around 10.40 am (IST),
while MCX Silver futures were down 0.03 per cent, or Rs 12,
at Rs 39,738 per 1 kg. On Friday’s movement of the yellow
metal, brokerage firm Angel Broking said, “We expect gold
prices to trade sideways amid unce .
The international crude oil price of Indian Basket as comput-
ed today by Petroleum Planning and Analysis Cell (PPAC)
under the Ministry of Petroleum and Natural Gas was US$
56.50 per barrel (bbl) on 28.09.2017. This was lower than
the price of US$ 56.75 per bbl on previous publishing day of
27.09.2017. In rupee terms, the price of Indian Basket de-
creased to Rs. 3715.68 per bbl on 28.09.2017 as compared
to Rs. 3728.25 per bbl on 27.09.2017. Rupee closed weaker
at Rs. 65.76 per US$ on 28.09.2017 as compared to Rs.
65.69 per US$ on 27.09.2017.
COMEX Copper futures edged up sharply yesterday as sup-
portive US economic data and strong bargain hunting
pushed up the metal. The commodity is trying to recover
from a corrective spell that pulled the futures to a five week
low and a sound US GDP reading provided good impetus to
the bulls, taking the COMEX Copper near the key $3 per
pound level. The commodity is currently trading at $2.9890
per pound, up 0.27% on the day. These are the highest lev-
els in last two weeks for the counter. The MCX Copper fu-
tures soared sharply in tune with the global cues yesterday,
surging near Rs 432 per kg levels. Expect further gains today
though highs around Rs 435/435 are likely to act as critical
resistance in intraday moves.
Oil prices eased on Wednesday over caution that a price
rally that lasted for most of the third quarter would not ex-
tend through the last three months of the year. Brent crude
futures, the international benchmark for oil prices, were
down 35 cents, or 0.6 percent, at USD 55.65 a barrel
RECOMMENDATIONS
GOLD
BUY GOLD OCT ABOVE 29650 TGT 29700 29800 SL BELOW
29550
SELL GOLD OCT BELOW 29450 TGT 29400 29300 SL ABOVE
29550
SILVER
BUY SILVER DEC ABOVE 39600 TGT 39750 3990 SL BELOW
39450
SELL SILVER DEC BELOW 39300 TGT 39150 39000 SL ABOVE
39450

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Special Report
04 OCT-2017
NCDEX INDICES
Index Value % Change
BARLEY 1437.5 0.24
CASTOR SEEDS 4612 -0.52
CORIANDER 4470 0.36
COTTON SEED 1489 -0.93
GUAR SEED 3651 -2.3
JEERA 19285 0.55
MUSTARDSEED 3680 -1.58
SOYA BEAN 2937 -1.61
TURMERIC 7332 0.19
WHEAT 1616 -0.12
RECOMMENDATIONS
GUARGUM
BUY GUARGUM5 OCT ABOVE 7890 TGT 7920 7980 8030 SL
BELOW 7840
SELL GUARGUM5 OCT BELOW 7760 TGT 7730 7690 7640 SL
ABOVE 7810
CORIANDER
BUY CORIANDER OCT ABOVE 4550 TGT 4580 4620 4670 SL
BELOW 4500
SELL CORIANDER OCT BELOW 4450 TGT 4420 4380 4330 SL
ABOVE 4500
Jeera futures traded up on NCDEX as speculators created
fresh positions, driven by pickup in demand from stockists
and overseas enquiries. Furthermore, tight stocks position
following restricted arrivals from the growing regions too
fuelled the uptrend.The contract for October delivery was
trading at Rs 19365.00, up by 0.96% or Rs 185.00 from its
previous closing of Rs 19180.00. The open interest of the
contract stood at 7017 lots.The contract for November de-
livery was trading at Rs 19425.00, up by 0.88% or Rs 170.00
from its previous closing of Rs 19255.00. The open interest
of the contract stood at 8088 lots on NCDEX.
Coriander futures traded higher on NCDEX as speculators
enlarged their holdings, tracking rising demand in the spot
market. Further, limited stock positions following restricted
arrivals from major growing regions also fuelled the up-
trend.The contract for October delivery was trading at Rs
4490.00, up by 0.81% or Rs 36.00 from its previous closing
of Rs 4454.00. The open interest of the contract stood at
15830 lots.The contract for November delivery was trading
at Rs 4910.00, up by 0.27% or Rs 13.00 from its previous
closing of Rs 4897.00. The open interest of the contract
stood at 25490 lots on NCDEX.
Soyabean futures traded lower on NCDEX amid expectation
of increase arrivals of new season crop and reports that
government has permitted states to extend the limits on
stocks of oilseeds and edible oils with traders and mills till
September 30, 2018. Meanwhile, soybean prices at over-
seas markets too falling to their lowest in almost three
weeks as the harvest of a bumper US crop gathers pace
amid reported higher yields.
The contract for October delivery was trading at Rs 2942.00,
down by 1.44% or Rs 43.00 from its previous closing of Rs
2985.00. The open interest of the contract stood at 37200
lots..

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Special Report
04 OCT-2017
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 65.5529 Yen 57.9700
Euro 76.7756 GBP 86.8707
EUR/INR
BUY EURINR FUTURE ABOVE 77.5000 TARGET
77.6000/77.7000 SL 77.4000
SELL EURINR FUTURE BELOW 77.0000 TARGET
76.9000/76.8000 SL 77.1000
GBP/INR
BUY GBPINR FUTURE ABOVE 87.5000 TARGET
87.6000/87.7000 SL 87.4000
SELL GBPINR FUTURE BELOW 86.9000 TARGET
86.8000/86.7000 SL 87.0000
The pound dropped against the U.S. dollar on Friday, after
the release of downbeat UK economic growth data, while
hopes for an upcoming U.S. tax overhaul continued to lend
support to the greenback. GBP/USD was down 0.43% at
1.3383 by 04:45 a.m. ET (08:45 GMT), re-approaching
Thursday's two-week lows of 1.3344. The UK Office for Na-
tional Statistics reported on Friday that the UK gross do-
mestic product expanded 1.5% in the second quarter, year-
over-year, down from a previous estimate of 1.7%.
The euro took a knock in Asia on Monday as investors kept
an anxious eye on an independence vote in Spain's Catalo-
nia, while surprisingly strong economic news out of China
and Japan offered support to equities and commodities.
The euro fell 0.3 per cent after the violence-marred vote to
trade at $1.1773, though European bourses seemed less
troubled with financial bookmakers pointing to small open-
ing gains for the major indices.
The dollar climbed for a second consecutive day on Tues-
day as a strong reading for US manufacturing activity
pushed bond yields higher, prompting investors to trim
some of their extreme short bets against the greenback.
As expectations of a US rate increase hardened to more
than 71 per cent by December from 42 per cent a month
earlier, according to the CME's Fedwatch indicator, the
dollar has rallied more than 3 per cent over the last month.
The dollar climbed 0.2 per cent to 93.74 against a broad
basket of currencies, its highest level since Aug. 17. Despite
its recent gains, the dollar is down more than 8 per cent
this year, on track for its biggest annual decline in a dec-
ade.
Global shares climbed to a record high on Tuesday after a
measure of US manufacturing activity for September re-
leased on Monday showed a surge to a 13-1/2 year high
even as global policymakers signaled a cautious path out of
record-low interest .
The rupee on Tuesday dropped by 22 paise to close at
65.50 against the resurgent dollar amid rising expectations
of a rate hike by the US Federal Reserve. The domestic cur-
rency regained some lost ground at the fag-end to settle at
65.50, showing a sharp fall of 22 paise, or 0.34 percent,

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Special Report
04 OCT-2017
Date
Commodity/ Cur-
rency Pairs
Contract Strategy Entry Level Target
Stop
Loss
Remark
03/10/17 NCDEX DHANIYA OCT. BUY 4680
4710-4750-
4800
4630 NOT EXE
03/10/17 NCDEX DHANIYA OCT. SELL 4580
4550-4510-
4460
4630 NOT EXE
03/10/17 NCDEX GUARGUM OCT. BUY 8060
8090-8130-
8180
8010 NOT EXE
03/10/17 NCDEX GUARGUM OCT. SELL 7920
7890-7850-
7800
7970 NOT EXE
03/10/17 MCX GOLD OCT. BUY 29650
29700-29800
29550 NOT EXE
03/10/17 MCX GOLD OCT. SELL 29500 29450-29350 29600 NOT EXE
03/10/17 MCX SILVER DEC. BUY 39600
39750 39900
39450 NOT EXE
03/10/17 MCX SILVER DEC. SELL 39300 39150 39000 39450 NOT EXE
Date Scrip
CASH/
FUTURE/
Strategy Entry Level Target Stop Loss Remark
03/10/17 NIFTY FUTURE SELL 9850-9875 9500 10010 OPEN
03/10/17 ARVIND FUTURE BUY 360 375 354 NOT EXE
03/10/17 MOTHERSUMI FUTURE SELL 343-345 336 -325 350.05 OPEN
03/10/17 DMART CASH BUY 1095
1130-1160
1065 OPEN

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Special Report
04 OCT-2017
NEXT WEEK'S U.S. ECONOMIC REPORTS
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Disclaimer
TIME (ET) REPORT PERIOD ACTUAL
MEDIAN
PREVIOUS
FORECAST
MONDAY, OCT. 2
9:45 AM Markit manufacturing PMI Sept. 53.1 -- 52.8
10 am I SM manufacturing index Sept. 60.80% 58.10% 58.80%
10 am Construction spending Aug. 0.50% 0.40% -1.20%
TUESDAY, OCT. 3
Varies Motor vehicle sales Sept. 17.3 mln 16.1 mln
WEDNESDAY, OCT. 4
8:15 AM ADP employment report Sept. -- 237,000
9:45 AM Markit services PMI Sept. -- 56
10 am
ISM nonmanufacturing in-
dex
Sept. 55.70% 55.30%
THURSDAY, OCT. 5
8:30 AM Weekly jobless claims 30-Sep 265,000 272,000
8:30 AM Trade deficit Aug. -$42.6 bln -$43.7bln
10 am Factory orders Aug. 1.10% -3.30%
FRIDAY, OCT. 6
8:30 AM Nonfarm payrolls Sept. 75,000 156,000
8:30 AM Unemployment rate Sept. 4.40% 4.40%
8:30 AM Average hourly earnings Sept. 0.30% 0.10%
10 am Wholesale inventories Aug. -- 0.60%
3 pm Consumer credit Aug. -- $18.5 bln

Special report by epic research of 04 october 2017

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