MARKET LENS

NIFTY 17946 IN FOCUS

Support 17843

17739

Resistance 18046

18145

Stock in Focus INDIGO

Intraday Pick STAR

Intraday Pick ICICIPRULI

Intraday Pick LUPIN

Institutional Equity Research

MARKET LENS

October 12 2021

1

Category BUY SELL NET Prev

FII 13,318.2 14,621.5 (1,303.2) (64.0)

DII 6,585.4 6,958.7 (373.3) (168.2)

INVESTMENT ACTIVITY (RS. CR)

EXCHANGE TURNOVER

STOCK IN FOCUS

Intraday Picks

STAR (PREVIOUS CLOSE: 592) BUYFor today’s trade, long position can be initiated in the range of Rs588-

584 for the target of Rs605 with a strict stop loss of Rs578.

ICICIPRULI (PREVIOUS CLOSE: 662) BUYFor today’s trade, long position can be initiated in the range of Rs658-

655 for the target of Rs680 with a strict stop loss of Rs647.

LUPIN (PREVIOUS CLOSE: 959) BUY For today’s trade, long position can be initiated in the range of Rs955-950

for the target of Rs980 with a strict stop loss of Rs939.

Exchange Rs Crore

BSE Equity 12,705.5

BSE Derivatives 2,16,956.8

NSE Equity 78,812.6

NSE Derivatives 45,27,955.8

Indices Absolute Change Percentage Change

Domestic Last Trade Change 1-D 1-Mth YTD

BSE Sensex 60,136 76.7 0.1% 3.4% 25.9%

CNX Nifty 17,946 50.8 0.3% 3.4% 28.4%

S&P CNX 500 15,428 62.8 0.4% 3.9% 33.9%

SENSEX 50 18,815 54.4 0.3% 3.3% 28.5%

International Last Trade Change 1-D 1-Mth YTD

DJIA 34,496 (250.2) (0.7%) (1.1%) 12.7%

NASDAQ 14,486 (93.3) (0.6%) (4.1%) 12.4%

NIKKEI 28,245 (253.2) (0.9%) (7.3%) 2.9%

HANGSENG 25,068 (257.1) (1.1%) (2.9%) (8.0%)

Last Trade Change 1-D 1-Mth YTD

Dr. Reddy’s Lab (ADR) 64.4 0.1 0.2% (4.1%) (9.6%)

Tata Motors (ADR) 28.1 1.7 6.5% 37.3% 122.7%

Infosys (ADR) 21.8 (0.1) (0.5%) (5.0%) 28.7%

ICICI Bank (ADR) 18.8 0.2 0.8% (2.8%) 26.3%

HDFC Bank (ADR) 72.6 (0.1) (0.1%) (3.5%) 0.5%

Axis Bank (GDR) 51.9 0.6 1.2% (2.8%) 22.7%

Reliance Ind (GDR) 70.5 (0.7) (0.9%) 9.2% 28.9%

ADRs / GDRs

Key Commodities Last Trade Change 1-D 1-Mth YTD

Brent Crude ($/bl) 83.3 (0.3) (0.4%) 13.3% 60.7%

Silver ($/Oz) 22.6 (0.0) (0.3%) (5.0%) (15.0%)

Gold ($/Oz) 1,756.4 0.7 0.1% (2.1%) (7.8%)

Copper LME ($/MT) 9,427.8 (99.8) (1.1%) (1.2%) 21.5%

Aluminium LME ($/MT) 3,019.3 (23.0) (0.8%) 4.3% 52.4%

COMMODITY MARKET


USD/INR 75.5 0.37 0.5% 2.2% 3.0%

EUR/INR 87.4 0.49 0.6% 0.4% (2.9%)

CURRENCY RATES


T-Bill - 91 D 3.4 (0.03) 0.00 0.04 0.12

10 Year G-sec Yield 6.3 0.02 0.00 0.02 0.08

RATES

EQUITY INDICES

f INDIGO closed 4% higher as against Nifty remaining flat yesterday.

f INDIGO is the undisputed leader with 53% market share in terms of RPK, which we believe would further help it on margin and profitability front. We believe that INDIGO would outpace the industry growth on the back of market share gain and higher growth in international segment over next 1-2 years.

f Despite being the lowest-cost operator, INDIGO is highly profitable vs. peers, while decent cash generation and better returns supported its balance sheet over the years.

f Asset light model with operating lease model resulted in healthy cash and cash equivalent on balance sheet, which we believe would aid INDIGO to sail through the tough times.

f We believe that INDIGO’s strong cash position would help in sustaining its market share gain along with pricing power, going forward, which would drive its overall profitability. It is best play to capitalize on the fastest-growing Indian aviation sector. We recommend BUY on INDIGO with a 2-Year Target Price of Rs2,750, valuing the stock at 7.5x of FY24E EV/EBITDAR.


Support 17843

17739

Resistance 18046

18145


Intraday Pick STAR


Intraday Pick LUPIN


MARKET LENS

October 12 2021

2

MARKET SYNOPSIS

f On Monday, NIFTY-50 extended

gain post a flat start and recorded

new high of 18,042. Later, the

index witnessed minor decline and

erased partial intraday gain. Finally,

the index closed the session with

the gain of 51 points at 17,946-level.

f NSE Cash segment reported

turnover of Rs78,813 crore as

compared to Rs74,296 crore

reported earlier.

f Overall market breadth remained

positive, where 1,120 stocks

advanced against 965 declined

stocks.

f Positive trend was observed across

the sectoral indices during the day

barring IT (declined by 3.4%), where

Realty and Auto emerged as top gainers with the increase of 1.7% and 2.7%, respectively.

NSE-NIFTY OUTLOOK

f NIFTY-50 began week on a firm note as the index invalidated prior indecision with a stable move above 17,900-level. The index

recorded new high subsequently and closed on positive note for third consecutive trading session. Overall market breadth remained

positive, while major sectors witnessed strong up-move barring IT. FII and DII both remained net seller in the cash segment. As

mentioned earlier, we believe that a stable move above 17,900-mark will lead the index towards 18,100-level. In case of decline, now

the index will find support at around 17,800-level.

f As for the day, support is placed at around 17,843 and then at 17,739 levels, while resistance is observed at 18,046 and then at 18,145

levels.

Technical Research


Support 17843

17739

Resistance 18046

18145


Intraday Pick STAR


Intraday Pick LUPIN


MARKET LENS

October 12 2021

3

Derivatives Snapshot f NIFTY50 opened higher on back of positive global cues and scaled an all time above 18,000 levels to close flat near the high point of the day.

Nifty closed up by 51 points at 17,946 levels. Among the nifty stocks 34 advanced and 16 declined during the day.

f Among sectors it was a mixed bag with Auto, Media and Metals sectors to gain by 1.5% average while IT declined by 3.3% for the day.

f Broader market indices remained positive with NIFTY 100, 200 and 500 to close up by 0.4% average while midcap indices and small cap indices gained by 0.7% for the day.

f Nifty Oct futures end with 27 points premium at 17,973 mark while on other hand, Bank Nifty Oct futures ended with the premium of 80 points at 38,374 mark.

f Nifty has tested the higher range and we expect some corrective action from current levels. On the higher side crossover of 18,200 will act as strong resistance.

Sectoral Activity: Amongst sectoral index Metals and Auto remained in focus with positive momentum.

Stock Activity: JSW Steel and Tata Motors have witnessed long build up in today’s trade.


Support 17843

17739

Resistance 18046

18145


Intraday Pick STAR


Intraday Pick LUPIN


MARKET LENS

October 12 2021

4

Pivot TableName LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 SENSEX 60,136 59,653 59,856 60,034 60,237 60,415 Nifty 50 17,946 17,791 17,843 17,892 17,945 17,994 NiftyBank 38,294 37,421 37,598 37,852 38,029 38,282 ADANIPORTS 737 727 733 740 747 754 ASIANPAINT 3,306 3,235 3,271 3,300 3,336 3,365 AXISBANK 787 772 777 781 786 790 BAJAJ-AUTO 3,852 3,761 3,788 3,833 3,861 3,906 BAJAJFINSV 17,714 17,303 17,426 17,583 17,707 17,864 BAJFINANCE 7,817 7,641 7,686 7,758 7,803 7,875 BHARTIARTL 691 684 690 695 700 705 BPCL 454 441 445 449 453 456 BRITANNIA 3,841 3,804 3,844 3,886 3,926 3,969 CIPLA 914 902 909 919 927 937 COALINDIA 197 180 184 188 192 196 DIVISLAB 5,143 4,966 5,019 5,075 5,127 5,184 DRREDDY 4,894 4,747 4,798 4,872 4,924 4,998 EICHERMOT 2,852 2,777 2,797 2,835 2,856 2,894 GRASIM 1,652 1,577 1,588 1,602 1,613 1,628 HCLTECH 1,303 1,274 1,298 1,318 1,342 1,362 HDFC 2,749 2,698 2,709 2,727 2,739 2,757 HDFCBANK 1,634 1,586 1,595 1,608 1,616 1,630 HDFCLIFE 717 713 718 725 729 736 HEROMOTOCO 2,858 2,819 2,831 2,851 2,863 2,883 HINDALCO 488 461 467 479 485 497 HINDUNILVR 2,645 2,595 2,617 2,648 2,671 2,701 ICICIBANK 713 692 698 704 710 716 INDUSINDBK 1,173 1,149 1,162 1,171 1,183 1,193 INFY 1,691 1,685 1,704 1,718 1,737 1,751 IOC 132 129 130 132 134 136 ITC 238 229 230 233 234 236 JSWSTEEL 672 653 659 671 678 690 KOTAKBANK 1,975 1,909 1,923 1,945 1,958 1,980 LT 1,717 1,708 1,718 1,729 1,739 1,750 M&M 896 859 869 882 891 904 MARUTI 7,701 7,297 7,363 7,468 7,534 7,639 NESTLEIND 19,085 18,792 18,889 19,035 19,132 19,277 NTPC 145 138 140 142 143 145 ONGC 165 157 159 163 165 169 POWERGRID 193 185 186 188 190 191 RELIANCE 2,653 2,543 2,607 2,646 2,710 2,749 SBILIFE 1,206 1,169 1,183 1,206 1,220 1,243 SBIN 469 449 454 459 463 469 SHREECEM 28,022 27,402 27,580 27,899 28,077 28,397 SUNPHARMA 833 809 815 825 831 840 TATACONSUM 816 804 811 820 828 837 TATAMOTORS 416 369 376 387 394 404 TATASTEEL 1,313 1,266 1,284 1,314 1,331 1,362 TCS 3,686 3,852 3,894 3,942 3,984 4,032 TECHM 1,400 1,407 1,423 1,435 1,452 1,464 TITAN 2,362 2,310 2,334 2,377 2,401 2,444 ULTRACEMCO 7,330 7,279 7,307 7,356 7,385 7,434 UPL 742 716 727 737 748 758 WIPRO 653 635 648 658 671 680


Support 17843

17739

Resistance 18046

18145


Intraday Pick STAR


Intraday Pick LUPIN


MARKET LENS

October 12 2021

5

Simple Moving AverageScrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK SENSEX 60,136 59,332 57,277 54,775 52,026 60,476 38,820 Nifty 50 17,946 17,678 17,073 16,376 15,486 18,042 11,452 NiftyBank 38,294 37,552 36,587 35,812 34,529 38,495 22,247 ADANIPORTS 737 747 728 733 689 901 341 ASIANPAINT 3,306 3,308 3,186 3,086 2,819 3,505 2,011 AXISBANK 787 789 773 760 727 821 439 BAJAJ-AUTO 3,852 3,820 3,787 3,944 3,858 4,361 2,822 BAJAJFINSV 17,714 17,523 16,264 14,269 12,011 18,813 5,511 BAJFINANCE 7,817 7,646 7,130 6,562 5,891 7,999 3,101 BHARTIARTL 691 701 649 587 563 739 387 BPCL 454 439 455 461 440 503 325

BRITANNIA 3,841 3,991 3,884 3,703 3,623 4,153 3,317

CIPLA 914 953 935 945 893 1,005 707 COALINDIA 197 175 156 152 145 204 110 DIVISLAB 5,143 5,067 5,020 4,716 4,207 5,316 3,015 DRREDDY 4,894 4,889 4,796 5,061 4,968 5,615 4,135

EICHERMOT 2,852 2,831 2,729 2,699 2,656 3,037 2,015

GRASIM 1,652 1,615 1,554 1,524 1,376 1,694 733 HCLTECH 1,303 1,290 1,192 1,083 1,020 1,378 800

HDFC 2,749 2,773 2,732 2,623 2,595 2,896 1,776

HDFCBANK 1,634 1,585 1,550 1,519 1,497 1,645 1,111 HDFCLIFE 717 731 709 696 693 776 556 HEROMOTOCO 2,858 2,865 2,803 2,864 3,004 3,629 2,636 HINDALCO 488 479 458 423 367 509 165 HINDUNILVR 2,645 2,726 2,631 2,518 2,421 2,859 2,043 ICICIBANK 713 709 706 677 630 735 371 INDUSINDBK 1,173 1,131 1,056 1,035 994 1,194 571 INFY 1,691 1,701 1,696 1,597 1,459 1,788 1,018 IOC 132 123 113 112 104 135 74 ITC 238 234 219 213 212 246 163 JSWSTEEL 672 672 697 697 590 777 279 KOTAKBANK 1,975 1,981 1,845 1,797 1,827 2,078 1,301 LT 1,717 1,720 1,670 1,594 1,498 1,810 876 M&M 896 801 782 786 794 952 587 MARUTI 7,701 7,153 6,998 7,121 7,175 8,329 6,400 NESTLEIND 19,085 19,677 19,374 18,520 17,871 20,609 15,375

NTPC 145 133 123 120 111 149 78 ONGC 165 143 128 123 113 173 64 POWERGRID 193 183 179 177 167 198 116 RELIANCE 2,653 2,502 2,327 2,225 2,111 2,720 1,830 SBILIFE 1,206 1,205 1,179 1,095 1,000 1,274 755 SBIN 469 451 437 431 387 475 186 SHREECEM 28,022 29,416 28,629 28,306 27,609 32,048 20,000 SUNPHARMA 833 793 785 732 675 839 452 TATACONSUM 816 838 829 779 701 889 459 TATAMOTORS 416 332 310 317 301 421 126 TATASTEEL 1,313 1,322 1,385 1,280 1,034 1,535 363 TCS 3,686 3,835 3,669 3,447 3,274 3,990 2,600 TECHM 1,400 1,437 1,400 1,232 1,108 1,548 782 TITAN 2,362 2,155 1,989 1,841 1,668 2,420 1,154 ULTRACEMCO 7,330 7,550 7,607 7,256 6,697 8,073 4,031 UPL 742 727 746 782 679 865 399 WIPRO 653 656 639 594 515 699 315


Support 17843

17739

Resistance 18046

18145


Intraday Pick STAR


Intraday Pick LUPIN


MARKET LENS

October 12 2021

6

Bulk Deals Snapshot

*B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price

Deal Date Scrip Code Company Client Name Deal Type* Quantity Price

11/10/2021 540615 7NR MINAL HARIHARBHAI SHELAT S 99,600 12.40

11/10/2021 539773 ADVIKCA SUKRITI GARG B 1,050,000 3.59

11/10/2021 539773 ADVIKCA SUKRITI GARG S 60,939 3.59

11/10/2021 539773 ADVIKCA VIRENDER KUMAR AGARWAL S 3,436,600 3.59

11/10/2021 539773 ADVIKCA AARTI MITTAL B 300,000 3.59

11/10/2021 539773 ADVIKCA ISHWAR CHAND MITTAL B 400,000 3.59

11/10/2021 539773 ADVIKCA RENU AGGARWAL B 400,000 3.59

11/10/2021 539773 ADVIKCA RENU MITTAL B 400,000 3.59

11/10/2021 539773 ADVIKCA BABITA MITTAL B 450,000 3.59

11/10/2021 541778 DEEP NNM SECURITIES PVT LTD B 34,471 220.54

11/10/2021 541778 DEEP NNM SECURITIES PVT LTD S 101,624 219.85

11/10/2021 542155 DGL MAANOR INVESTMENTS PRIVATE LIMITED . S 118,000 2.49

11/10/2021 542155 DGL ARCHANABEN DINESHKUMAR PATEL S 78,000 2.50

11/10/2021 542155 DGL NAVEEN GUPTA B 100,000 2.48

11/10/2021 542155 DGL NAVEEN GUPTA S 100,000 2.49

11/10/2021 504697 GALADA SONA BISCUITS LIMITED S 42,365 2.52

11/10/2021 504697 GALADA MAHENDRA KUMAR JAIN B 40,000 2.52

11/10/2021 536868 INTELSOFT ALPHA LEON ENTERPRISES LLP S 85,352 51.50

11/10/2021 532732 KKCL NALANDA INDIA FUND LIMITED S 179,081 1,050.00

11/10/2021 532732 KKCL SETU SECURITIES PVT LTD B 80,139 1,050.17

11/10/2021 532732 KKCL SETU SECURITIES PVT LTD S 37,788 999.18

11/10/2021 543273 KMEW HEM FINLEASE PRIVATE LIMITED B 54,000 58.52

11/10/2021 539841 LANCER OLGA TRADING PRIVATE LIMITED B 60,662 383.19

11/10/2021 539841 LANCER OLGA TRADING PRIVATE LIMITED S 21,990 368.69

11/10/2021 539814 LELAVOIR TEENA KIRTI JAIN B 138,000 19.40

11/10/2021 539814 LELAVOIR KAJAL ASHOK JAIN B 43,900 19.52

11/10/2021 539814 LELAVOIR ASHOK DILIPKUMAR JAIN S 200,700 19.44

11/10/2021 539814 LELAVOIR ALPHA LEON ENTERPRISES LLP S 36,568 19.40

11/10/2021 534422 LOOKS MANSI SHARE & STOCK ADVISORS PRIVATE LIMITED B 96,117 31.95

11/10/2021 539767 MNIL KABIR SHRAN DAGAR S 40,915 13.03

11/10/2021 543364 MTCL SHERWOOD SECURITIES PVT LTD B 238,400 75.58

11/10/2021 541206 OBCL NNM SECURITIES PVT LTD B 112,000 110.38

11/10/2021 541206 OBCL NNM SECURITIES PVT LTD S 78,000 109.85

11/10/2021 538860 PANAFIC SUVIDHA BUILDTECH PRIVATE LIMITED . S 540,000 .38

11/10/2021 543363 PREVEST MARUTI NANDAN COLONIZERS PRIVATE LIMITED S 134,400 279.47

11/10/2021 505515 SHYMINV RAMU JOMDAR JSONEYA B 55,453 29.85

11/10/2021 505515 SHYMINV RAMU JOMDAR JSONEYA S 33,460 29.90

11/10/2021 505515 SHYMINV SUPERLINE TRADING COMPANY PRIVATE LIMITED S 396,690 29.90

11/10/2021 540738 STL TIA ENTERPRISES PRIVATE LIMITED S 72,000 44.20

11/10/2021 543373 SVRL SHAKIL KHAN IMPEX PRIVATE LIMITED B 201,000 42.16

11/10/2021 543373 SVRL MANUDHANE AGRO PRODUCTS PRIVATE LIMITED B 225,000 42.00

11/10/2021 543373 SVRL VIVEK LODHA S 90,000 42.00

11/10/2021 543373 SVRL VIGYAN LODHA S 90,000 42.03

11/10/2021 543373 SVRL KAMLESH ASHOK LADHE B 111,000 42.02

11/10/2021 513305 TERRASCOPE LOVE KUMAR BABURAM VARMA B 135,000 2.85

11/10/2021 513305 TERRASCOPE LALITA KAMAL KISHORE VYAS S 97,880 2.85

11/10/2021 531650 VAXHS SUBHKARAN TILOKCHAND AGARWAL S 104,783 .84


Support 17843

17739

Resistance 18046

18145


Intraday Pick STAR


Intraday Pick LUPIN


MARKET LENS

October 12 2021

7

Date Country Event Period Survey Prior

12-10-2021 United States NFIB Small Business Optimism I SEP - 100.10

12-10-2021 India India Industrial Production AUG - 11.50

12-10-2021 United States US Job Openings By Industry To AUG - 10,934.00

13-10-2021 United States US CPI Urban Consumers MoM SA SEP - 0.30

13-10-2021 United States US CPI Urban Consumers Less Fo SEP - 0.10

13-10-2021 United States US CPI Urban Consumers YoY NSA SEP - 5.30



13-10-2021 United States US CPI Urban Consumers NSA SEP - 273.57

13-10-2021 United States US Treasury Federal Budget Deb SEP -224.25 -170.64

14-10-2021 India India Wholesale Price Index Al SEP - 11.39

15-10-2021 United States Adjusted Retail & Food Service SEP - 0.70

15-10-2021 United States Adjusted Retail Sales Less Aut SEP - 1.80

15-10-2021 United States Adjusted Retail Sales Less Aut SEP - 2.00

15-10-2021 United States Retail Sales Less Food Service SEP - 2.50

15-10-2021 United States US Import Price Index by End U SEP - -0.30

15-10-2021 United States US Import Price Index by End U SEP - 9.00

15-10-2021 United States US Empire State Manufacturing OCT - 34.30

15-10-2021 United States US Manufacturing & Trade Inven AUG - 0.50

18-10-2021 United States US Industrial Production MOM S SEP - 0.40

18-10-2021 United States US Capacity Utilization % of T SEP - 76.44

18-10-2021 United States US Industrial Production Indus SEP - 0.20

18-10-2021 United States National Association of Home B OCT - 76.00

19-10-2021 United States US Foreign Net Transactions AUG - 1.97

19-10-2021 United States US Treasury International Capi AUG - 126.04

21-10-2021 United States Philadelphia Fed Business Outl OCT - 30.70

21-10-2021 United States Conference Board US Leading In SEP - 0.90

21-10-2021 United States US Existing Homes Sales SAAR SEP - 5.88

21-10-2021 United States US Existing Homes Sales MoM SA SEP - -2.00

28-10-2021 United States Kansas City Federal Reserve SA OCT - 22.00

03-11-2021 United States Federal Funds Target Rate - Up NOV 3 0.25 0.25

Monthly Economic Calendar


Support 17843

17739

Resistance 18046

18145


Intraday Pick STAR


Intraday Pick LUPIN


MARKET LENS

October 12 2021

8

Corporate ActionsCompany Name Ex-Date Purpose

GOVERNMENT OF INDIA 13-Oct-21 Interest Payment

SRF Limited 13-Oct-21 Bonus 4:1

Atlas Cycles (Haryana) Limited 14-Oct-21 Annual General Meeting

Government of India 14-Oct-21 Interest Payment

AGC Networks Limited 18-Oct-21 Annual General Meeting

HCL Technologies Limited 21-Oct-21 Interm Dividend

GVK Power & Infrastructure Limited 21-Oct-21 Annual General Meeting

Result CalendarCompany name Board Meeting Date Purpose

Bhansali Engineering Polymers Limited 12-Oct-21 Financial Results/Dividend

DRC Systems India Limited 12-Oct-21 Financial Results/Other business matters

GM Breweries Limited 12-Oct-21 Financial Results

Indbank Merchant Banking Services Limited 12-Oct-21 Financial Results/Other business matters

Aditya Birla Money Limited 13-Oct-21 Financial Results

Infosys Limited 13-Oct-21 Financial Results

MindTree Limited 13-Oct-21 Financial Results/Dividend

Plastiblends India Limited 13-Oct-21 Financial Results

Sanginita Chemicals Limited 13-Oct-21 Financial Results

Wealth First Portfolio Managers Limited 13-Oct-21 Financial Results/Other business matters

Wipro Limited 13-Oct-21 Financial Results

Century Textiles & Industries Limited 14-Oct-21 Financial Results/Fund Raising

Cyient Limited 14-Oct-21 Financial Results/Dividend

Den Networks Limited 14-Oct-21 Financial Results

Electrotherm (India) Limited 14-Oct-21 Financial Results

Ganesh Housing Corporation Limited 14-Oct-21 Financial Results

GTPL Hathway Limited 14-Oct-21 Financial Results

HCL Technologies Limited 14-Oct-21 Financial Results/Dividend

Indiabulls Real Estate Limited 14-Oct-21 Financial Results/Other business matters

Inox Wind Energy Limited 14-Oct-21 Financial Results

Inox Wind Limited 14-Oct-21 Financial Results

Mahindra CIE Automotive Limited 14-Oct-21 Financial Results

Shrenik Limited 14-Oct-21 Financial Results/Other business matters

Bombay Super Hybrid Seeds Limited 15-Oct-21 Financial Results/Other business matters

California Software Company Limited 15-Oct-21 Financial Results

Libas Consumer Products Limited 15-Oct-21 Financial Results/Other business matters

Akash Infra Projects Limited 16-Oct-21 Financial Results

Avenue Supermarts Limited 16-Oct-21 Financial Results

HDFC Bank Limited 16-Oct-21 Financial Results


Support 17843

17739

Resistance 18046

18145


Intraday Pick STAR


Intraday Pick LUPIN


MARKET LENS

October 12 2021

9

Guided Allocation Towards Research Products

Product Allocation (%)

Max. Allocation in 1 stock (%)

Number of Calls

Frequency Call Duration

Trading Products

Intraday 30 25-30 3-4 stocks Daily Daily

Positional Calls/weekly calls/BTST 30 15-20 6-7 stocks Weekly Fortnightly

TradEdge 15 25-50 2 stocks Fortnightly Monthly

Option Strategies 15 10-20 2 stocks Weekly Weekly

Cash 10

Total 100

Product Allocation (%)

Max. Allocation in 1 stock (%)

Number of Calls

Frequency Call Duration

Investment Products

Rsec Model Portfolio 25 10 8-10 stocks Monthly Half Yearly

Stock In Focus 25 5 1 stock Daily Quarterly

Fundamental Calls 25 5 10 Quarterly Yearly

Initiating Coverage 20 10 As and When Yearly

Cash 5

Total 100


Support 17843

17739

Resistance 18046

18145


Intraday Pick STAR


Intraday Pick LUPIN


MARKET LENS

October 12 2021

10

Reliance Securities Limited (RSL), the broking arm of Reliance Capital is one of the India’s leading retail broking houses. Reliance Capital is amongst India’s leading and most valuable financial services companies in the private sector. Reliance Capital has interests in asset management and mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management services, distribution of financial products, private equity, asset reconstruction, proprietary investments and other activities in financial services. The list of associates of RSL is available on the website www.reliancecapital.co.in. RSL is registered as a Research Analyst under SEBI (Research Analyst) Regulations, 2014

General Disclaimers: This Research Report (hereinafter called ‘Report’) is prepared and distributed by RSL for information purposes only. The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice for the purpose of purchase or sale of any security, derivatives or any other security through RSL nor any solicitation or offering of any investment /trading opportunity on behalf of the issuer(s) of the respective security(ies) referred to herein. These information / opinions / views are not meant to serve as a professional investment guide for the readers. No action is solicited based upon the information provided herein. Recipients of this Report should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments. This Report has been prepared on the basis of publicly available information, internally developed data and other sources believed by RSL to be reliable. RSL or its directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information / opinions / views. While due care has been taken to ensure that the disclosures and opinions given are fair and reasonable, none of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information / opinions / views contained in this Report.

Risks: Trading and investment in securities are subject to market risks. There are no assurances or guarantees that the objectives of any of trading / investment in securities will be achieved. The trades/ investments referred to herein may not be suitable to all categories of traders/investors. The names of securities mentioned herein do not in any manner indicate their prospects or returns. The value of securities referred to herein may be adversely affected by the performance or otherwise of the respective issuer companies, changes in the market conditions, micro and macro factors and forces affecting capital markets like interest rate risk, credit risk, liquidity risk and reinvestment risk. Derivative products may also be affected by various risks including but not limited to counter party risk, market risk, valuation risk, liquidity risk and other risks. Besides the price of the underlying asset, volatility, tenor and interest rates may affect the pricing of derivatives.

Disclaimers in respect of jurisdiction: The possession, circulation and/or distribution of this Report may be restricted or regulated in certain jurisdictions by appropriate laws. No action has been or will be taken by RSL in any jurisdiction (other than India), where any action for such purpose(s) is required. Accordingly, this Report shall not be possessed, circulated and/or distributed in any such country or jurisdiction unless such action is in compliance with all applicable laws and regulations of such country or jurisdiction. RSL requires such recipient to inform himself about and to observe any restrictions at his own expense, without any liability to RSL. Any dispute arising out of this Report shall be subject to the exclusive jurisdiction of the Courts in India.

Disclosure of Interest: The research analysts who have prepared this Report hereby certify that the views /opinions expressed in this Report are their personal independent views/opinions in respect of the securities and their respective issuers. None of RSL, research analysts, or their relatives had any known direct /indirect material conflict of interest including any long/short position(s) in any specific security on which views/opinions have been made in this Report, during its preparation. RSL’s Associates may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report. RSL, its Associates, the research analysts, or their relatives might have financial interest in the issuer company(ies) of the said securities. RSL or its Associates may have received a compensation from the said issuer company(ies) in last 12 months for the brokerage or non brokerage services.RSL, its Associates, the research analysts or their relatives have not received any compensation or other benefits directly or indirectly from the said issuer company(ies) or any third party in last 12 months in any respect whatsoever for preparation of this report.

The research analysts has served as an officer, director or employee of the said issuer company(ies)?: No

RSL, its Associates, the research analysts or their relatives holds ownership of 1% or more, in respect of the said issuer company(ies).?: No

Copyright: The copyright in this Report belongs exclusively to RSL. This Report shall only be read by those persons to whom it has been delivered. No reprinting, reproduction, copying, distribution of this Report in any manner whatsoever, in whole or in part, is permitted without the prior express written consent of RSL.

RSL’s activities were neither suspended nor have defaulted with any stock exchange with whom RSL is registered. Further, there does not exist any material adverse order/judgments/strictures assessed by any regulatory, government or public authority or agency or any law enforcing agency in last three years. Further, there does not exist any material enquiry of whatsoever nature instituted or pending against RSL as on the date of this Report.

Important These disclaimers, risks and other disclosures must be read in conjunction with the information / opinions / views of which they form part of.

RSL CIN: U65990MH2005PLC154052. SEBI registration no. (Stock Broker: INZ000172433, Depository Participants: CDSL IN-DP-257-2016 IN-DP-NSDL-363-2013, Research Analyst: INH000002384); AMFI ARN No.29889.

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