ELITE INVESTMENT ADVISORY SERVICES DAILY DERIVATIVE REPORT 01/01/2018 01/REPORT07/12/153030/05/1414/03/ 14101010/02/1403/12/2013 The benchmark indices settled the last trading day of 2017 on a positive note even as Asian markets remained subdued, and back home the government breached its fiscal deficit target for the ongoing financial year, due to lower-than-expected revenue collections and higher revenue expenditure. European markets were trading flat, while Asian markets turned in a mixed performance with investors mostly refraining from making significant moves due to the absence of strong catalysts. The Sensex settled at 34,056, up 209 points, while the broader Nifty50 ended at 10,530, up 52 points. For the year, both the indices added nearly 28%. The fiscal deficit for the first eight months of FY18 stood at 112 per cent - Rs 6.12 lakh crore of the full year's target of Rs 5.46 lakh crore, data furnished by the Comptroller General of Accounts (CGA) showed. Highest open interest has been seen in 10500 and 10400 strike price for call option and in 10200 and 10300 strike price for put option.
STOCK RECOMMENDATION
BUY PTC FUTURE ABOVE 120.4 TARGETS 120.9, 121.4 STOPLOSS 119.65 BUY RNAVAL FUTURE ABOVE 50.5 TARGETS 50.95, 51.4 STOPLOSS 49.8 SELL BHEL FUTURE BELOW 92 TARGETS 91.5, 91 STOPLOSS 92.75 BUY JISLJALEQS FUTURE ABOVE 130 TARGETS 130.45, 130.9 STOPLOSS 129.3
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