Special Report
12–MAR-2019
Global markets at a glance US President Donald Trump proposed USD 1 billion funding towards advancing a free and open Indo-Pacific as he sent his USD 4.7 trillion budgetary proposals to the Congress.In its annual budget for the fiscal year 2020, beginning October 1 this year, the White House said the nation's future security, prosperity and leadership depend on maintaining a free and open Indo-Pacific region.As such “the budget provides over USD 1 billion for the Indo-Pacific, reflecting the Administration's commitment to the region,” it said.This funding supports democracy and good economic governance, private sector mobilisation and competitiveness, critical infrastructure standards and financing and security cooperation. The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in a Brexit deal ahead of a vote in the British parliament on a divorce agreement. US stocks jumped on Monday as the technology sector led a broad-based rebound following five straight sessions of losses, but a fall in Boeing's shares limited the Dow's advance after a deadly airline crash in Ethiopia. Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 49.50 points or 0.44 percent. Nifty futures were trading around 11,262-level on the Singaporean Exchange. PREVIOUS DAY ROUNDOFF Indices ended on strong note on Monday as bulls took charge of the Dalal Street with Sensex closed above 37,000, while Nifty finished above 11,150 mark.The Sensex was up 382.67 points at 37054.10, while Nifty was up 132.60 points at 11168. About 1735 shares have advanced, 911 shares declined, and 163 shares are unchanged.Bharti Airtel, HPCL, BPCL, Eicher Motors and Bharti Infratel were the top gainers on the Nifty, while losers include NTPC, Zee Entertainment, TCS, Tech Mahindra and HCL Tech.Except IT index, all other sectoral indices ended in green led by auto, energy, infra, metal, PSU bank, pharma and FMCG. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+83.35pts], Consumption[+96.55pts],PSE[+86.90pts],CPSE [+45.85pts],Energy[+418.4pts],FMCG[+310.65pts],Auto [+200.1pts],Pharma[+133.2pts],IT[ -20.2pts],Metal [+80.90pts],Realty[+2.15pts], Fin Serv sector[+110.15pts].
World Indices Index
Value
% Change
DJI
25650
+0.79
S&P500
2783
+1.47
NASDAQ
7558
+2.02
FTSE100
7130
+0.37
21554 28920
+2.03 +1.46
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
Bharti Airtel
333.80
25.10
8.13
HPCL
263.40
13.55
5.42
BPCL
387.05
19.70
5.36
22,972.45 1,101.40
5.04
Eicher Motors Bharti Infratel
319.70
14.20
4.65
CMP
Change
% Chg
151.40 807.15 453.00 1,004.40 2,014.80
-0.80 -4.20 -2.10 -4.65 -7.90
-0.53 -0.52 -0.46 -0.46 -0.39
Top Losers Company
NTPC Tech Mahindra Zee Entertain HCL Tech TCS
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
673.2
-10.7
-1.59
AAVAS
1239.8
5.2
0.42
ADANIGAS
114.75
2.75
2.4
ALBK
57.6
0.1
0.17
ANUP
548.8
27.4
4.99
Prev. Close
Change
%Chg
ATNINTER
0.05
0.05
100
BILPOWER
0.4
0
0
2 0.65 9
-0.1 0.05 -0.45
-5 7.69 -5
AARTIDRUGS
Stocks at 52 Week’s LOW Symbol
DNAMEDIA EUROMULTI FEDDERELEC
Indian Indices Company
CMP
Change
% Chg
NIFTY
11168.05
132.65
1.20
SENSEX
37054.10
382.67
1.04
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Special Report
12–MAR-2019
RECOMMENDATIONS [FUTURE]
STOCK RECOMMENDATION [CASH]
1. CANFINHOME [FUTURE ]
IIFL[CASH]
CANFINHOME Future closed at last five month high with opening Marubozu candle stick pattern which is bullish pattern and it successfully cross long term resistance of 296 as well as Stochastic also has positive crossover so this rely may continue up to 317 to 331 it can be buy with stop loss of 291 for the same target.
IIFL has double bottom chart pattern on daily chart, in this recovery Mindcap and Smallcap Index given strong pull back but this stock is still in pressure. Here we can see the fresh buying is coming with strong volume as compare to red candle and last seven trading session it never berak previous days low we wil advise to buy it decline around 370-372 with stop loss of 365 for target of 380 395 410.
2. M&M FIN [FUTURE]
MACRO NEWS
M&MFIN future looking bullish on daily chart it has given breakout of Flag pattern due to that we can see target up to 480 but in intraday 455 may act as resistance so it will be good to buy above 456 since in last session it closed above 200DMA which is at 444 this will be stop loss since risk reward ratio is not good so buy it in decline around 442-444 with stop loss of 438 for the target of 450 455 465.
The Enforcement Directorate (ED) had submitted a supplementary charge sheet in the Nirav Modi case on February 28 and added the absconding fugitive's wife's name to it. The ED will now seek a red corner notice against her.The ED named Ami Modi for illegally routing $30 million to the US. A source close to the development told Moneycontrol, "The Enforcement Directorate is following a trail of $30 million which was routed to the US via illegal means. The money was used to purchase a property in New York. The transaction has numerous layers, the ED has learnt that it was first handed over to Mumbai-based firm Solar Stellar and then provided to Purvi Mehta [Nirav Modi's sister] after which the property was bought in the US. "Court documents show Google paid former search executive Amit Singhal USD 35 million in an exit package when the exec was reportedly forced to resign after a sexual assault investigation.Details of the exit package were revealed as part of a shareholder lawsuit against the company.
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Special Report
12–MAR-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
BANKNIFTY
CE
28,000
142
5,06,012
NIFTY
CE
11,200
37.6
3,19,329
NIFTY
CE
11,100 97.35
2,13,790
BANKNIFTY
CE
27,900 200.25
RELIANCE
CE
1,300 36.35
SBIN
CE
290
5.4
AXISBANK
CE
760
8.45
MARUTI
CE
7,200
107
MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST LTP
Open Interest
working capital purposes, falling due on March 11, hasbeen delayed owing to temporary liquidity 4,89,460 constraints and the company has engaged with the lender in relation to the same. 12,55,050 6,41,925
NIFTY FUTURE 1,89,720 Last trading session Nifty Future close on positive note 10,865 14,15,500 and gaining around 1.20% with bulish candlestick in daily chart,after announce central election news,And if we go 4,565 47,34,000 technically on cahrt we can seen clearly cross major 4,479 13,76,400 resistance level and close above this level , and also trendline breakout in daily chart, and close daily chart in 4,477 1,33,725 bullish signal It’s clearly indicate nifty go upside ahead, 5,823 2,83,500 and also 2019 is election year so we can expect Govt announce new policy some related sectors so keep that Traded Open in mind and watch all PSUBanks,infra pharma sector Volume Interest movements. And from a data perspective create broader (Contracts) range in option traders, So we can follow buy on decline 2,98,438 5,61,700 strateg, So we advise you to buy around 1150-11160 for the targets of 11250-11300 With SL of below 11000. 2,94,792 3,68,620 1,73,854
Symbol
Optio Strike n Price Type
BANKNIFTY
PE
27,700
BANKNIFTY
PE
28,000 137.85
NIFTY
PE
11,100 23.75
2,32,016
19,61,250
NIFTY
PE
11,000
10.8
2,03,651
23,52,150
AXISBANK
PE
720 10.25
2646
9,28,800
MARUTI
PE
7,000 100.4
2459
57675
TATASTEEL
PE
510
8.65
2381
5,82,489
AXISBANK
PE
700
5.5
2308
13,42,800
49
Jet Airways: Parborrowing availed by the company, for
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
30815
2405.80
32595
2418.53
231098
18032.55
-12.7246
INDEX OPTIONS
1623504
104752.37
1618133
104271.94
781890
59613.46
480.4295
STOCK FUTURES
189402
11263.54
175216
10512.84
1403164
87834.46
750.7072
STOCK OPTIONS
98038
6038.46
98006
6027.41
112363
6842.27
11.057 1229.4691
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
11,311
11,261
11,163
11,113
11,015
BANKNIFTY
28,294
28,187
28,039
27,932
27,932
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Special Report
12–MAR-2019
RECOMMENDATIONS GOLD TRADING STRATEGY: Gold BUY ABOVE 38690 TARGET 38720/38750 SL 38640 Gold Sell BELOW 38640 TARGET 38600/38575 SL 38675
COMMODITY ROUNDUP Gold inched down on Monday, after rising about 1 per cent in the previous session, as a firm dollar offset support from fading appetite for riskier assets due to mounting global growth concerns. Fundamentals As of 0115 GMT, spot gold was down 0.1 per cent at $1,296.73 per ounce, after briefly breaching the $1,300 ceiling in the previous session. US gold futures were also down 0.1 per cent at $1,298.10 an ounce. Asian shares were on a back foot on Monday after US payrolls data raised doubts on the strength of the global economy. The dollar rose 0.1 per cent against major currencies in the early Asian trade and hovered close to its near two-month peak. US employment growth almost stalled in February, with the economy creating only 20,000 jobs, adding to signs of a sharp slowdown in economic activity in the first quarter.
SILVER TRADING STRATEGY: Silver BUY ABOVE 38690 TARGET 38720/38750 SL 38640 Silver Sell BELOW 38640 TARGET 38600/38575 SL 38675
Metal traders will continue to monitor gyrations in the U.S. dollar this week after gold prices rose almost 1% on Friday as a weak U.S. employment report sent the greenback lower and clouded the outlook for the global economy.Markets will get the latest reading on U.S. retail sales on Monday, which are expected to show another decline in January after an unexpected drop at the end of 2018. Inflation figures will also be closely watched after the Federal Reserve vowed to be “patient” and await incoming data before raising interest rates again. Data on U.S. consumer and producer prices are set to be released on Tuesday and Wednesday, respectively.Other key economic reports in focus this week include U.S. new home sales and durable goods. Meanwhile, U.S. President Donald Trump will introduce his 2020 budget proposal on Monday after a delay caused by the government shutdown in January. The U.S. dollar was broadly lower on Friday after data showing that the U.S. economy added far fewer workers than forecast in February.The Labor Department reported a 20,000-job increase in nonfarm payrolls last month, far fewer than the consensus forecast of 180,000. But traders were encouraged by the unemployment rate falling back below 4% and average hourly earnings accelerating by 0.4%.
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Special Report
12–MAR-2019
RECOMMENDATIONS GUARGUM5
NCDEX INDICES Index
Value
% Change
Barley
1670
0.54
Castor Seed
5260
-0.04
Chana
4171
1.29
Coriander
6612
3.04
Cotton Seed Oilcake
2038
3.98
Guar Seed 10 MT
4246
-0.4
16025
1.97
Mustardseed
3843
-0.08
Soy Bean
3619
-0.98
Jeera
TRADING STRATEGY: BUY GUARGUM APR ABOVE 8750 TARGET 8765/8785/8815 SL 8690 SELL GUARGUM APR BELOW 8700 TARGET 8685/8665/8635 SL 8760
DHANIYA TRADING STRATEGY: BUY CORIANDER APR 6650 TARGET 6665/6685/6710 SL 6590 SELL CORIANDER APR BELOW 6630 TARGET 6615/6595/6570 SL 6690
Soyabean and cottonseed oil today declined in Vidarbha region of Western Maharashtra on stockists selling, driven by higher imports amid weak global cues. Fall in demand from millers and retailers also put pressure on these oils. Besides, sufficient stocks, fresh fall on NCDEX and easy condition in Madhya Pradesh edible oil also affected sentiment in thin trading activity, sources said Monday. Gram and tuar prices firmed up again in Nagpur Agriculture Produce Marketing Committee (APMC) here good Holi festival season demand from local millers amid weak supply from producing belts. Good rise on NCDEX in gram, upward trend in Madhya Pradesh pulses and reported demand from South-based millers also helped to push up prices here. About 1,400 bags of tuar and 3,600 bags of gram reported for auctions in Nagpur APMC, according to sources. West Bengal government is making special arrangements to enable farmers to sell surplus potato harvested this year to the government and cold storage owners to store it. Government officials and officials of the State Level Bankers’ Committee (SLBC) recently held a meeting in this regard. The government would help cold storage owners to open accounts in cooperative banks through which the latter would be able to take loans at easy rates to finance the cost of storing the potato. Those farmers wanting to sell their produce to the government would have to get themselves enlisted at the local BDO office, from where the details would be sent to the cold storages. The Centre has released Rs 2000 each to about five lakh farmers in Telangana so far under Pradhan Mantri Kisan Samman Nidhi scheme, said Union Minister of State for Agriculture Gajendra Singh Shekhawat here Saturday.
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Special Report
12–MAR-2019
RBI Reference Rate Currency
Rate Currency
Rate
Rupee- $
69.9308 Yen
62.93
Euro
78.5710 GBP
90.7916
USD/INR
TRADING STRATEGY: BUY USDINR FUTURE ABOVE 70.10 TARGET 70.2200/70.3500 SL 69.9500 SELL USDINR FUTURE BELOW 70.90 TARGET 70.78/70.65 SL 71.05
The rupee managed to break below seven-week range and in the process, it breached below the low of the bullish bar seen in the third week of January.The Indian rupee managed to break below seven-week range and in the process, it breached below the low of the bullish bar seen in the third week of January.However, in Friday’s trade, it marked a low of 69.81 before staging a sharp rally. Despite Friday’s fag-end recovery, it continues to face hurdle around its downward sloping trendline, suggesting short-lived moves. We expect, USD/INR to inch towards January 2019 low near 69.20 mark.The broader charts of Nifty IT index suggest weakness. It has reversed from PRZ of a bearish BAT pattern, indicating weakness after its recent underperformance.In this week’s decline of 3 percent, it also fell below the peak of the month of January 2019, signaling further declines. The U.S. dollar was little changed in early European hours on Monday, as investors looked ahead to the latest U.S. retail sales report for further hints on the strength of the economy.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, held steady at 97.29 by 4:30AM ET (08:30 GMT). The index rose to 97.66 last Thursday, its best level since Dec. 14 last year. Against the Japanese yen, the dollar was a tad higher at 111.25, bouncing off the prior session's one-week low of 110.77.Economic reports will remain in focus in the week ahead, after data on Friday showed that U.S. job growth almost stalled in February, with the world's top economy creating a measly 20,000 jobs, far fewer than expected by analysts.But traders found some hope in figures showing the U.S. employment rate slipped back below 4% and average hourly earnings accelerated by 0.4%.
GBP/INR TRADING STRATEGY: BUY GBPINR FUTURE ABOVE 91.10 TARGET 91.2200/91.3500 SL 90.9500 SELL GBPINR FUTURE BELOW 90.90 TARGET 90.78/90.65 SL 91.05
The Commerce Department will release data on retail sales for January at 8:30AM ET (12:30 GMT).Elsewhere, the British pound was down 0.1% to $1.2998 after briefly dipping to a near three-week low of $1.2960 on nervousness over Brexit.
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Special Report
12–MAR-2019
Date
Commodity/ Currency Pairs
11/03/19
NCDEX DHANIYA
APR
BUY
6220
11/03/19
NCDEX DHANIYA
APR
Sell
11/03/19
NCDEX GUARGUM5
MAR
11/03/19
NCDEX GUARGUM5
11/03/19
Contract Strategy
Entry Level
Stop Loss
Remark
6260-6310
6170
NOT EXECUTED
6130
6080-6030
6200
NOT EXECUTED
BUY
8400
8500-8600
8270
TARGET
MAR
SELL
8250
8150-8050
8370
NOT ECECUTED
MCX GOLD
MAR
BUY
32250
32270-32300
32200
TARGET
11/03/19
MCX GOLD
MAR
SELL
32200
32170-32150
32250
TARGET
11/03/19
MCX SILVER
MAR
BUY
38500
38540-38570
38420
TARGET
11/03/19
MCX SILVER
MAR
SELL
38200
38170-38150
38250
NOT EXECUTED
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
11/03/19
NIFTY
FUTURE
SELL
10800
10750-10700
10900
NOT EXECUTED
11/03/19
VEDANTA
FUTURE
BUY
175-178
185-190
165
TARGET
11/03/19
KSCL
FUTURE
BUY
427
430-433
422
TARGET
11/03/19
REPOHOME
CASH
BUY
458
461-465
452
TARGET
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Special Report
12–MAR-2019
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)
PERIO ACTUAL D
REPORT
FORECAST
PREVIOUS
THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, MARCH 11 8:30 am
Retail sales* (new date)
Jan.
-1.2%
8:30 am
Retail sales ex-autos* (new date)
Jan.
-1.8%
10 am
Business inventories* (new date)
Dec.
-0.1%
11 am
Survey of consumer expectations
Feb.
TUESDAY, MARCH 12 6 am
NFIB small-business index
Feb.
101.2
8:30 am
Consumer price index
Feb.
0.0%
8:30 am
Core CPI
Feb.
0.2%
2 pm
Federal budget
Feb.
DELAYED
WEDNESDAY, MARCH 13 8:30 am
Durable goods orders* (new date)
Jan.
1.2%
8:30 am
Core capital goods orders* (new date)
Jan.
-1.0%
8:30 am
Producer price index
Feb.
-0.1%
9:45 10 am amMarkit manufacturing index flash Construction spending* (newNov. date)
--
55.7
9:45 am
--
54.8
Markit services index flash
THURSDAY, MARCH 14
Nov.
8:30 am
Weekly jobless claims
3/9
--
8:30 am
Import prices
Feb.
0.5%
8:30 am
Retail sales*
Feb.
10 am
New home sales* (new date)
Jan.
10 am
Business inventories
Jan.
DELAYED -DELAYED
FRIDAY, MARCH 15 8:30 am
Empire state manufacturing index
March
8.8
9:15 am
Industrial production
Feb.
-0.6%
9:15 am
Capacity utilization
Feb.
78.2%
10 am
Job openings
Jan.
7.4 mln
10 am
Consumer sentiment
March
95.5
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Special Report
12–MAR-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: 2019-03-12 10:00+05:30
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