Special Report
05–APR -2019
Global markets at a glance The benchmark S&P 500 stock index edged higher, nearing a six-month high on Thursday, with losses in technology stocks countered by gains in Boeing Co and Facebook Inc as investors waited for more clarity on the US-China trade talks.The Dow Jones Industrial Average rose 166.5 points, or 0.64 percent, to 26,384.63, the S&P 500 gained 5.99 points, or 0.21 percent, to 2,879.39 and the Nasdaq Composite dropped 3.77 points, or 0.05 percent, to 7,891.78. Asian share markets consolidated weekly gains on Friday as Sino-US talks dragged on with no concrete conclusions, while caution ahead of US payrolls and a holiday in China and Hong Kong dampened volatility.MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed and near its highest since the end of August. Japan’s Nikkei added 0.1 percent, to be 2.6 percent firmer for the week. E -Mini futures for the S&P 500 edged up 0.04 percent.Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 18.5 points or 0.16 percent. Nifty futures were trading around 10,703-level on the Singaporean Exchange. Oil prices fell on Friday, with Brent slipping away from the USD 70 mark after briefly rising above that level in the previous session, as traders fretted about progress in US-China talks to end a trade war. PREVIOUS DAY ROUNDOFF Indian equity markets closed lower for the second day in a row. RBI announced a repo rate cut by 25bps on the expected lines, bringing the rates back at 6% after a period of 1 year.Nifty & Bank Nifty index closed ~0.4% & 0.8% lower respectively as across the board profit booking was seen in major heavyweights.Tata Motors was the top index loser, gaining ~2% as open interest soared higher, hinting a formation of continued long positions in the April series. Market breadth ended in the favour of the declines with adv a nce / de c li ne r a tio clo s i ng at 2 : 3 x. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-3.7pts], Consumption[+23.40pts],PSE[-9.30pts],CPSE [+6.80pts],Energy[-138.08pts],FMCG[+29.7pts],Auto [+55.70pts],Pharma[+83.10pts],IT[-218.8pts],Metal[13.10pts],Realty[-0.20pts], Fin Serv sector[-7.10pts].
World Indices Index
Value
% Change
DJI
26384
+0.64
S&P500
2879
+0.21
NASDAQ
7891
-0.05
FTSE100
7401
-0.22
21794 29936
+0.32 -0.17
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
Indiabulls Hsg
898.15
28.3
3.25
Zee Entertain
417.3
12.75
3.15
Tata Motors
206.15
4.8
2.38
Hero Motocorp
2,637.20
56.75
2.2
UltraTechCement
4,079.95
78.35
1.96
CMP
Change
% Chg
2,014.50 210.45 354.3 1,736.15 268.05
-64.8 -5.5 -8.9 -37.45 -5.65
-3.12 -2.55 -2.45 -2.11 -2.06
Top Losers Company
TCS Hindalco BPCL IndusInd Bank Yes Bank
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
BALAXI
46.05
2.15
4.9
BILENERGY
3.9
0.15
4
CREDITACC
567.9
-6.75
-1.21
FMGOETZE
599
27.55
4.86
2,058.80
28.8
1.43
HDFC
Stocks at 52 Week’s LOW Symbol
Prev. Close
Change
%Chg
CANDC
10.55
-0.55
-4.95
COX&KINGS
131.05
-1.15
-0.86
DNAMEDIA EXCEL GENESYS
1.05 1.3 88
0.05 -0.05 -3.85
4.55 -3.7 -4.11
Indian Indices Company
CMP
Change
% Chg
NIFTY
11598
-46
-0.40
SENSEX
38684
-192.40
-0.49
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Special Report
05–APR -2019
RECOMMENDATIONS [FUTURE]
STOCK RECOMMENDATION [CASH]
1. HAVELLS [FUTURE ]
REPCOHOME
HAVELLS — Stock is trading in channel line & Hammer pattern form on daily chart . Stock is al;so taking a support of trend line .RSI & MACD also indicating Buying in this stock .Our recommendation is to Buy stock future in the range 770-773 Target 777-785 maintain sl below 765
Stock showing strength in last day & it is going to be continued beacuse after analysis of derivate date we have seen the increase in open interest along with the price of stock rise . Our recommendation is to buy the stock above 465 target 470/490 Sl 460 .
MACRO NEWS 2. KSCL [FUTURE]
Oil prices dipped on Thursday, with Brent edging away from the psychologically important USD 70 level after easing in the previous session on data showing a surprise build in US inventories.Brent futures eased 2 cents to $69.29 by 0100 GMT. On Wednesday, Brent dipped 6 cents, after touching USD 69.96, the highest since November 12, when it last traded above USD 70. US West Texas Intermediate crude was down 14 cents, or 0.2 percent, at USD 62.34 a barrel.
While it's almost a given that the Reserve Bank of India (RBI) will deliver a policy rate cut when the three-day Monetary Policy Committee meeting ends on April 4, hopes are high that the central bank will also do more to address liquidity concerns.A poll of about 70 economists conducted by Reuters showed that 85 percent of the participants expect the RBI to cut the repo rate by 25 basis points to 6percent on April 4 and then keep the rates on hold through to the middle of next year at least.
KSCL— In KSCL we have seen Buying in this week , we may expect that it will be continue in upcoming week also.In last trading sesssion we get trendline breakdown in this stock . Our recommendation is to sell from 460 Target 455/450 sl 475
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Special Report
05–APR -2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Optio Strike n Price Type
LTP
Traded Volume (Contracts)
BANKNIFTY
CE
30,300
0.05
20,34,860
8,93,260 Cipla's wholly owned subsidiary in USA i.e. Cipla
BANKNIFTY
CE
30,400
0.05
19,92,413
7,92,780 with Pulmatrix Inc
BANKNIFTY
CE
30,200
0.05
19,29,315
8,23,440
RELIANCE
CE
1,400
23.15
7,127
HEROMOTOCO
CE
2,700
61.4
5,826
2,34,600
TATAMOTORS
CE
210
8.35
5,113
43,98,000
MARUTI
CE
7,500
60.95
4,706
91,275
IBULHSGFIN
CE
900
59.6
4,327
10,15,500
MARUTIACTIVE PUT CE OPTION 9,000 111.5 5,823 MOST
Open Interest
Karnataka Bank: Bank targets Rs 1,44,000 crore business turnover for FY20.
Symbol
Technologies LLC, has signed a binding term sheet today
2,83,500
Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
BANKNIFTY
PE
29,900
0.05
24,30,078
6,09,880
BANKNIFTY
PE
30,000
93.5
22,36,751
1,79,120
BANKNIFTY
PE
29,800
0.05
16,41,436
7,53,760
RELIANCE
PE
1,360
35
5,866
6,91,500
RELIANCE
PE
1,340 25.95
3,655
3,25,000
RELIANCE
PE
1,320
18
3,282
6,78,000
RELIANCE
PE
1,300 12.65
3,158
8,38,000
SBIN
PE
2,987
42,63,000
320
7.6
NIFTY FUTURE NIFTY -On weekly chart Nifty close with was traded in a brode range of 235 points. On Nifty we may expect new all time high will see before starting first phase of election April 17,2019 . In last week FII infuse more than 6000 cr & selling by DII in cash Rs 435 cr, which was less as we compare to last week data . After analysis of data suggest that 11500-11600 work as support & OI addtion seen in 11700-11800 works as resistance . Our recommendation is to Buy Nifty 50 in the range 1170011750 Target 11800/11900 SL below 11600.
19,79,000 green candle,during this week nifty
FII DERIVATIVES STATISTICS BUY No. of Contracts
SELL Amount in Crores
OPEN INTEREST AT THE END OF THE DAY
No. of Amount in No. of Contracts Crores Contracts
Amount in Crores
NET AMOUNT
INDEX FUTURES
42157
3061.78
39619
2989.07
220599
17645.22
72.7083
INDEX OPTIONS
5101663
328247.81
5086094
327150.56
778673
61981.48
1097.2478
STOCK FUTURES
196330
12077.86
198233
12245.33
1395841
90460.52
-167.4692
STOCK OPTIONS
94924
5963.40
95890
6011.31
93910
5957.42
-47.91 954.5769
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
11709
11653
11606
11550
11503
BANKNIFTY
30422
30163
29986
29727
29551
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Special Report
05–APR -2019
RECOMMENDATIONS GOLD TRADING STRATEGY: GOLD BUY ABOVE 31800 Target 31850/31900 Sl 31700 GOLD SELL BELOW 31750 Target 31700/31650 Sl 31850
SILVER TRADING STRATEGY: Silver Buy Above 37700 Target 37800/37900 Sl 37575 Silver Sell Below 37900 Target 37800/3750 Sl 38150
COMMODITY ROUNDUP Gold inched higher on Thursday as stock markets retreated from multi-month highs following weak data from Germany, while investors awaited clarity on the progress of U.S.-China trade talks.Platinum XPT= jumped more than 1 percent to its highest since mid-June last year at $887.59 per ounce. Spot gold XAU= had risen 0.1 percent to $1,291.37 per ounce as of 1012 GMT. U.S. gold futures GCv1 were unchanged at $1,295.70 an ounce."The German industrial data is the main market driver this morning," said ActivTrades chief analyst Carlo Alberto De Casa, adding that falling equity markets were supporting gold.European and Asian shares stepped back from eight-month highs, increasing investors' appetite for bullion. MKTS/GLOB . German industrial orders fell at their sharpest rate in more than two years in February, compounding worries that Europe's largest economy had a weak start to the year. country's leading economic institutes also slashed their 2019 growth forecasts and warned that the numbers could be much lower still if there is a no-deal Brexit. whole of Europe is suffering and in the United States, a lot of people are talking about the possibility of bringing down interest rates again because they have been hiking rates too quickly," said Afshin Nabavi, MKS SA senior vice president."So eventually if that happens, it will be really positive for the precious metals."Meanwhile, U.S.-China trade discussions made "good headway" last week and the two sides aim to bridge differences during talks that could extend beyond three days this week, White House economic adviser Larry Kudlow said. is a lot of optimism around the idea that we will see a peaceful resolution and some agreement really soon," said Michael McCarthy, chief market strategist at CMC (NS:CMC) Markets. Oil prices fell for a second day on Thursday, with Brent briefly edging below $69 per barrel because of rising inventories and production in the United States, but losses were limited as supply tightened elsewhere. Brent futures LCOc1 were down 28 cents at $69.03 by 0954 GMT. Brent fell 6 cents on Wednesday, after touching $69.96 - the highest since Nov. 12, when it last traded above $70.U.S. West Texas Intermediate (WTI) crude CLc1 fell 18 cents to $62.28 a barrel. The contract dropped 12 cents in the previous session after hitting $62.99, also the highest since November.
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Special Report
05–APR -2019
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM APR ABOVE 9010 TGT 9040/9100/9150 SL BELOW 8960 SELL GUARGUM APR BELOW 8926 TGT 8896/8836/8786 SL ABOVE 8976
DHANIYA TRADING STRATEGY: BUY DHANIYA APRIL ABOVE 7254 TGT 7269/7329/7399 SL BELOW 7224 SELL DHANIYA APRIL BELOW 7126 TGT 7111/7051/6981 SL ABOVE 7156
NCDEX INDICES Index
Value
% Change
4100 6268 1936 4146.5 15440
-0.46 -1.72 -1.14 0.33 0.03
Jeera
3840
-0.42
Mustardseed Soy Bean Turmeric
3637 6238 6148
-0.55 0.64 0.29
Castor Seed Chana Coriander Cotton Seed Oilcake Guar Seed 10 MT
World food prices were broadly stable in March, with a jump in dairy prices offset by drops in cereal, vegetable oil and sugar price quotations, the United Nations food agency said in its latest report.The Food and Agriculture Organization's (FAO) food price index,, which tracks monthly changes in international prices of a basket of food commodities, averaged 167 points, down two points from February and some 3.6% below its level in March 2018. The FAO Dairy Price Index rose 6.2% during the month, marking its third consecutive increase, driven by increased import demand for butter, cheese and Whole Milk Powder, ahead of an expected tightening in export availabilities from Oceania.The FAO Meat Price Index also rose though slightly, by 0.4% from February, buoyed by growing import demand from China for pig, bovine and poultry meats. By contrast, the FAO Vegetable Oil Price Index declined by 4.4% amid subdued import demand for palm oil, increased soy oil crushing in the United States of America and accumulating rapeseed inventories in Canada. The FAO Cereal Price Index dropped 2.2% in the month, led by declining prices of wheat and maize, both of which have ample exportable supplies and favorable harvest prospects in key producing countries. International rice prices were mildly firmer in March.The FAO Sugar Price Index declined by 2.1%, as harvests in key producing countries were larger than previously anticipated. India's latest production estimates point to an 8.0% year-on-year increase during the period from October 2018 through January 2019 and is now expected to overtake Brazil as the world's largest sugar producer.
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Special Report
05–APR -2019
RBI Reference Rate Currency
Rate Currency
Rate
Rupee- $
69.40 Yen
62.43
Euro
78.09 GBP
91.3425
USD/INR TRADING STRATEGY: USD/INR BUY USDINR ABOVE 69.3 TGT 69.4/69.5 SL BELOW 69 SELL USDINR BELOW 69.5 TGT 69.4/69.3 SL ABOVE 69.62
While the trade optimism pushed the dollar lower against most Asian currencies, it helped erase the greenback's earlier losses against the safe-haven yen JPY= , which followed U.S. President Donald Trump's criticism about Federal Reserve monetary policy and a strong dollar. dollar traded at 111.96 yen JPY= , near a 10-week high of 112.08 on Friday. It had dipped to 111.75 yen after Trump's comments on the Fed. have a gentleman that likes a very strong dollar at the Fed...I want a strong dollar, but I want a dollar that's great for our country not a dollar that is so strong that it is prohibitive for us to be dealing with other nations," he told his supporters in a speech. The rupee on Tuesday recovered from the day's low to finally settle at 68.74 against the US dollar with gains of 40 paise amid sustained foreign fund inflows and heavy buying in domestic equities. Forex dealers said foreign fund inflows in the debt and equity markets helped the rupee recover.
GBP/INR TRADING STRATEGY: BUY GBPINR ABOVE 91.4 TGT 91.5/91.6 SL BELOW 91.28 SELL GBPINR BELOW 91.10 TGT 91/90.9 SL ABOVE 91.22
At the Interbank Foreign Exchange (forex), the domestic currency opened lower at 69.32 a dollar but recovered the losses during the day and touched the day's high of 68.70. It finally settled at 68.74 per dollar, up 40 paise over its previous close.A panel of economists, including former Chief Economic Adviser Arvind Virmani, Tuesday called for at least 0.25 percentage point rate cut in the RBI's first monetary policy of the current fiscal to be unveiled later this week. Virmani said that it is for the RBI to understand that the real interest rate in India right now is very high."It is high time time to ease monetary policy," Virmani said during a panel discussion on RBI monetary policy organised by Assocham-EGROW Foundation. Ashima Goyal, Professor of Economics, Indira Gandhi Institute of Development Research and Member, Prime Minister's Economic Advisory Council, and Upasana Bhardwaj, Senior Economist, Vice President Kotak Mahindra Bank, also participated in the discussion.
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Special Report
05–APR -2019
Date
Commodity/ Currency Pairs
04/04/19
NCDEX DHANIYA
APR
BUY
7144
04/04/19
NCDEX DHANIYA
APR
Sell
04/04/19
NCDEX GUARGUM5
APR
04/04/19
NCDEX GUARGUM5
04/04/19
Contract Strategy
Entry Level
Stop Loss
Remark
7159/7184/7200
7084
TARGET
6865
6850/6825/6805
6925
NOT EXECUTED
BUY
9138
9153/9178/9198
7084
NOT EXECUTED
APR
SELL
8905
8890/8865/8845
8965
NOT EXECUTED
MCX GOLD
JUN
BUY
3
31850/31900
31700
NOT EXECUTED
04/04/19
MCX GOLD
JUN
SELL
31750
31700/31650
31850
TARGET
04/04/19
MCX SILVER
JUL
BUY
37700
37800/37900
37575
TARGET
04/04/19
MCX SILVER
JUL
SELL
37900
37800/37750
38150
TARGET
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
04/04/19
NIFTY
FUTURE
BUY
11700-11750
11800/11900
10900
TARGET
04/04/19
JINDAL STEEL
FUTURE
BUY
185-187
190-195
182
SL HIT
04/04/19
KSCL
FUTURE
BUY
475
480
460
NOT EXECUTED
04/04/19
REPOHOME
CASH
BUY
465
470/490
460
NOT EXECUTED
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Special Report
05–APR -2019
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS
TIME (ET)
REPORT
PERIOD
ACTU FORECAS PREVIOUS AL T
THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, APRIL 1 8:30 am
Retail sales* (new date)
Feb.
0.3%
0.2%
8:30 am
Retail sales ex-autos* (new date)
Feb.
0.4%
0.9%
9:45 am
Markit manufacturing PMI (final)
March
--
52.5
10 am
ISM manufacturing index
March
54.6%
54.2%
10 am
Construction spending
Feb.
-0.1%
1.3%
10 am
Business inventories* (new date)
Jan.
--
0.6%
TUESDAY, APRIL 2 8:30 am
Durable goods orders* (new date)
Feb.
-2.0%
0.3%
8:30 am
Core capex orders* (new date)
Feb.
--
0.8%
Varies
Motor vehicle sales
March
16.8mln
16.6mln
WEDNESDAY, APRIL 3 9:45 am Markit manufacturing index flashreport 8:15 am ADP employment
Nov.
9:45 am
Nov.
Markit services index flash
-March --
55.7 --
183,000
54.8
9:45 am
Markit services PMI (final)
March
--
54.8
10 am
ISM nonmanufacturing index
March
58.3%
59.7%
3/30
--
--
THURSDAY, APRIL 4 8:30 am
Weekly jobless claims
FRIDAY, APRIL 5 8:30 am
Nonfarm payrolls
March
173,000
20,000
8:30 am
Unemployment rate
March
3.8%
3.8%
8:30 am
Average hourly earnings
March
0.2%
0.4%
3 pm
Consumer credit
Feb.
--
$17 bln
*DELAYED BY GOVERNMENT SHUTDOWN
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Special Report
05–APR -2019
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Sachin Yadav
Digitally signed by Sachin Yadav DN: cn=Sachin Yadav c=IN o=Personal Reason: I am the author of this document Location: Date: 2019-04-05 09:22+05:30
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