#ChoiceBroking #EquityBazaar - Today, We may witness mild positive opening in Nifty around 8622 level on back of SGX Nifty and other Asian counters which is trading on positive note today.

1. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Intraday
Today, We may witness mild positive opening in Nifty around 8622 level on
back of SGX Nifty and other Asian counters which is trading on positive note
today.
Nifty ended the volatile day of trade in green terrain recapturing its crucial
8,600 level. After a cautious start, market altering between positive and
negative territory but in a tight range, as sentiment remained downbeat with
report that unemployment rate in India has shot up to a five-year high of 5
percent in 2015-16, with the figure significantly higher at 8.7 percent for
women as compared to 4.0 percent for men. Sentiment also remained
subdued due to geo-political tension after India went ahead with surgical
strike on terror base across LoC on Wednesday night. Recovery in final hour of
trade helped market to regain its green terrain on the back of buying in auto
and realty. Some support also came with the report that EPFO has decided to
invest 10% of its annual incremental deposits or an estimated Rs 13,000 crore
in the current fiscal in equity exchange traded funds (ETFs). Traders also took
some encouragement with speculation that slowing inflation will allow new
Reserve Bank of India (RBI) governor Urjit Patel to cut interest rates at next
week’s monetary policy review. The IMF Managing Director Christine
Lagarde’s statement that India is embarking on significant reforms and will
grow at more than 7 per cent too supported market up-move. On the global
front, European stocks were trading with deep cut, as ongoing concerns over
the European banking sector weighed and investors remained cautious ahead
of a report on euro zone inflation due later in the session.
The top gainers in Nifty index were AUROPHARMA, BANKBARODA, GRASIM,
GAIL, M&M. While on the other hand, top losers were CIPLA, TECHM,
COALINDIA, ITC, AMBUJACEM.
03rd October, 2016
SENSEX 27,866 0.14%
NIFTY 8,611 0.23%
SGX Nifty* 8,662 0.13%
Global Indices
Dow Jones 18,308 0.90%
Nasdaq 5,312 0.81%
FTSE 6,899 -0.29%
DAX 10,511 1.00%
Straits Times 2,875 0.19%
Nikkei 225 16,633 1.10%
Hang Seng 23,618 1.36%
Commodities
Gold 30,742 -1.38%
Silver 45,726 -0.24%
Natural Gas 194 -2.68%
Crude Oil 3,212 0.25%
Currency
Dollar / Rupee 66.61 -0.36%
Euro / Rupee 74.71 -0.07%
Pound / Rupee 86.04 -0.03%
Volumes Rs.mn
Cash BSE 35,947 -33.78
Cash NSE 221,449 -50.80
FII Activities Rs.Cr.
Purchase Sale Net
13687.32 8,871 4815.88
MF Activities Rs.Cr.
Purchase Sale Net
9467.8 7,708 1759.8
Indian Markets
*Sources- Bloomberg, Moneycontrol, Zeebusiness, livemint

2. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Nifty Outlook
Bank Nifty Outlook
03rd October, 2016
L1 L2 L3
R 8647 8683 8729
S 8565 8519 8483
21 DEMA 8732
50 DEMA 8650
100 DEMA 8459
Moving Averages
L1 L2 L3
R 19383 19480 19628
S 19137 18988 18891
21 DEMA 19648
50 DEMA 19303
100 DEMA 18631
Moving Averages
 After a steep decline Nifty took mild breathe and recovered partially but depth was not so strong.
 Despite of negative global cues Nifty managed to open on positive note but follow up buying was not
observed.
 Negative DMI took dominant position and raised above 25 level which indicate strengthening trend on
lower side.
 Going forward, There is structural change on weekly chart and its implication will not erased easily.
Sustainability below 8680 will be considered as negative zone, on down side support lies at 8500 level.
 On broader timeframe Bank Nifty has formed ‘V’ shape, it indicate sharp fall followed by sharp rise.
Bank Nifty has halted around at its previous reversal area.
 Index has an attempt of mild recovery but it was not significant to erase out its negativity.
 Violation of 21 day moving average and slope of rising trend line turned sell signal for index.
 Going forward, index has approached to its immediate support level. Breach of 19100 level can lead to
further selling towards 18700 level. Immediate support lies at 19400 level.

3. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Derivative Front:
The India VIX contraction by 6.88% and reached 17.18. The
Nifty was up by 19.90 points or 0.23% to settle at 8,611.15.
From the most active contracts, State Bank of India October
2016 futures traded at a discount of 0.25 points at 251.75
compared with spot closing of 252.00. ICICI Bank October
2016 futures traded at a premium of 1.30 points at 253.70
compared with spot closing of 252.40. Punjab National
Bank October 2016 futures traded at a premium of 0.50
points at 141.50 compared with spot closing of 141.00. Axis
Bank October 2016 futures traded at a premium of 1.85
points at 544.85 compared with spot closing of 543.00.
Reliance Industries October 2016 futures traded at a
premium of 3.90 points at 1088.40 compared with spot
closing of 1,084.50.
The Nifty PCR finally stood at 0.98 for October month
contract. The top five scrips with highest PCR on OI were
MRF (7.00), APOLLOHOSP (2.65), ACC (1.67), M&M (1.53)
and JSWENERGY (1.38).
03rd October, 2016
Long Built Up
Symbol Close Price Chng % OI Chng % Buy Above
TVSMOTOR 364.60 5.13 26.52 373.31
CEATLTD 1331.75 8.16 17.79 1375.60
CANBK 310.20 4.15 15.17 315.85
PNB 141.5 2.72 14.12 143.60
Short Covering
Symbol Close Price Chng % OI Chng % Buy Above
TATACHEM 528.00 3.07 -17.92 536.00
L&TFH 91.85 6.62 -9.46 94.91
NMDC 106.20 3.26 -7.19 108.01
BANKBARODA 168.25 3.38 -4.72 171.31
Short Built Up
Symbol Close Price Chng % OI Chng % Sell Below
APOLLOHOSP 1321.80 -1.28 8.10 1336.30
CIPLA 583.70 -3.45 6.57 599.02
AMBUJACEM 253.45 -0.98 5.86 255.36
JUSTDIAL 428.15 -0.12 5.79 438.41
Long Liquidation
Symbol Close Price Chng % OI Chng % Sell Below
INFRATEL 366.60 -1.68 -4.56 370.46
ASIANPAINT 1167.80 -0.62 -1.08 1173.61
TCS 2429.10 -0.54 -0.80 2438.44
HDFC 1398.00 -0.87 -0.23 1405.62

4. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
03rd October, 2016
Symbols CLOSE R3 R2 R1 P S1 S2 S3 Trend Action
ACC 1612 1659 1636 1624 1600 1588 1564 1529 Up Buy
ULTRACEMCO 256 271 266 261 255 250 244 233 Up Buy
AMBUJACEM 252 261 259 255 252 249 246 240 Down Sell
ASIANPAINT 1160 1199 1189 1175 1165 1151 1141 1117 Down Sell
AUROPHARMA 857 914 887 872 845 830 803 761 Up Buy
AXISBANK 543 566 557 550 540 533 524 507 Up Buy
BAJAJ-AUTO 2840 2901 2879 2860 2838 2819 2797 2756 Up Buy
BANKBARODA 168 179 173 171 165 162 157 149 Up Buy
BHARTIARTL 314 326 321 317 313 309 304 296 Up Buy
BHEL 135 140 137 136 134 133 131 127 Up Buy
BOSCHLTD 22780 23327 23115 22948 22736 22568 22356 21977 Up Buy
BPCL 614 635 627 620 612 606 597 583 Up Buy
CIPLA 580 643 624 602 582 560 540 499 Down Sell
COALINDIA 323 341 335 329 323 317 311 299 Up Buy
DRREDDY 3105 3207 3168 3137 3097 3066 3027 2956 Up Buy
EICHERMOT 24893 26446 25998 25445 24997 24445 23997 22996 Down Sell
GAIL 374 391 384 379 372 367 359 347 Up Buy
GRASIM 4854 5064 4963 4909 4808 4754 4653 4498 Up Buy
HCLTECH 800 824 814 807 797 790 780 763 Up Buy
HDFC 1395 1420 1409 1402 1392 1385 1375 1357 Up Buy
HDFCBANK 1275 1295 1288 1282 1274 1268 1261 1247 Up Buy
HEROMOTOCO 3416 3503 3474 3445 3417 3387 3359 3301 Down Sell
HINDALCO 153 163 159 156 151 148 144 136 Up Buy
HINDUNILVR 871 893 887 879 872 864 857 842 Down Sell
ICICIBANK 252 261 257 255 251 248 245 238 Up Buy
IDEA 79 84 83 81 79 78 76 73 Down Sell
INDUSINDBK 1195 1233 1220 1207 1194 1182 1169 1144 Up Buy
INFRATEL 368 386 380 374 368 361 355 343 Up Buy
INFY 1034 1054 1049 1041 1036 1029 1023 1011 Down Sell
ITC 242 252 250 246 243 240 237 230 Down Sell
KOTAKBANK 780 803 792 786 776 770 760 744 Up Buy
LT 1437 1477 1459 1448 1430 1419 1401 1372 Up Buy
LUPIN 1484 1527 1508 1496 1477 1465 1447 1416 Up Buy
M&M 1404 1495 1455 1430 1390 1364 1324 1259 Up Buy
MARUTI 5490 5646 5572 5531 5457 5416 5342 5227 Up Buy
NTPC 149 156 154 151 149 147 145 140 Down Sell
ONGC 257 267 262 260 255 252 247 239 Up Buy
POWERGRID 176 185 181 179 175 173 169 163 Up Buy
RELIANCE 1085 1126 1110 1097 1082 1069 1054 1025 Up Buy
SBIN 252 261 257 254 250 248 243 237 Up Buy
SUNPHARMA 743 757 751 747 741 737 731 721 Up Buy
TATAMOTORS 535 556 546 540 531 525 515 500 Up Buy
TATAMTRDVR 342 356 349 346 339 335 328 318 Up Buy
TATAPOWER 75 80 78 76 75 73 71 68 Up Buy
TATASTEEL 376 395 386 381 372 367 358 344 Up Buy
TCS 2432 2474 2462 2447 2435 2420 2408 2382 Down Sell
TECHM 421 447 441 431 425 415 408 392 Down Sell
ULTRACEMCO 3853 3944 3920 3886 3862 3829 3805 3747 Down Sell
WIPRO 479 489 484 482 477 475 470 463 Up Buy
YESBANK 1256 1321 1290 1273 1242 1226 1195 1147 Up Buy
ZEEL 546 565 559 553 547 540 534 521 Down Sell

5. Equity Bazaar
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Contact Us
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03rd October, 2016
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Kapil Shah
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Date: 2016.10.03 09:17:29 +05'30'