Special Report
13-FEB-2019
Global markets at a glance Wall Street rallied on Tuesday as investors were heartened by a tentative congressional spending deal to avoid another partial federal government shutdown and by optimism surrounding US-China trade negotiations.All three major US stock indexes posted their biggest one-day percentage gains for the month so far, each advancing more than 1 percent. The S&P 500 ended the session above its 200-day moving average for the first time since early December.The Dow Jones Industrial Average rose 372.65 points, or 1.49 percent, to 25,425.76, the S&P 500 gained 34.93 points, or 1.29 percent, to 2,744.73 and the Nasdaq Composite added 106.71 points, or 1.46 percent, to 7,414.62. Asian stocks pulled ahead and safe-haven government bonds came under further pressure on Wednesday on optimism the United States and China might be able to hammer out a deal to resolve their nearly year-long trade dispute.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 percent. South Korea’s KOSPI gained 0.5 percent and Japan’s Nikkei climbed 1 percent. Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 21.5 points or 0.2 percent. Nifty futures were trading around 10,883-level on the Singaporean Exchange. PREVIOUS DAY ROUNDOFF The Indian equity markets extended their losing streak for the third consecutive session on Tuesday with Nifty ending 57 points lower at 10,831 and Bank Nifty settling 217 points lower at 27,010.The broader markets relatively outperformed with the Nifty 50 and Nifty 100 indices ending 0.26% and 0.05% higher, respectively. Nifty PSU Bank was the worst-performing sectoral index and was down 1.61%.Meanwhile, Nifty and Bank Nifty futures added fresh short positions with open interest soaring higher. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+21.15pts], Consumption[-19.9pts],PSE[+12.65pts],CPSE [+15.05pts],Energy[+39.25pts],FMCG[-204.5pts],Auto[4 2 .2 0 p t s ],P h a rm a [+ 6 6 . 7 5 ts ] , IT [ - 1 6 0 . 4 pt s ] ,M e t a l [+42.75pts],Realty[-3.15pts], Fin Serv sector[-119.95pts].
World Indices Index
Value
% Change
DJI
25505
+0.39
S&P500
2744
+1.29
NASDAQ
7414
+1.46
FTSE100
7133
+0.06
21192 28403
+1.57 +0.82
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
JSW Steel
271.75
10.15
3.88
414.7
13
3.24
NTPC
133.25
2.9
2.22
Coal India
223.05
4.25
1.94
436.6
8.05
1.88
CMP
Change
% Chg
312.85 2,799.55 1,905.05 1,058.80 275.4
-10.65 -89.5 -43.15 -20.55 -5.1
-3.29 -3.1 -2.21 -1.9 -1.82
Zee Entertain
Sun Pharma
Top Losers Company
Bharti Infratel Hero Motocorp HDFC HCL Tech SBI
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
AAVAS
869.9
6.2
0.72
1,000.01
0.01
0
136.8
8.6
6.73
1,793.00
-76.15
-4.31
377.4
1.3
0.35
Prev. Close
Change
%Chg
20MICRONS
32.3
-3.2
-8.91
21STCENMGM
19.5
-0.35
-1.76
3PLAND ABAN ABCAPITAL
9.9 48.5 79
0.5 -2.5 -2.45
4.55 -4.84 -3
LIQUIDETF MAHASTEEL NAUKRI WIPRO
Stocks at 52 Week’s LOW Symbol
Indian Indices Company
CMP
Change
% Chg
NIFTY
10831
-57.4
0.53
SENSEX
36153
-241
-0.66
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Special Report
13-FEB-2019
RECOMMENDATIONS [FUTURE]
STOCK RECOMMENDATION [CASH]
1. Titan [FUTURE ] TITAN -In Titan on daily chart as well as weekly we have seen that Buying in this stock by traders as well as investors in last week .Reason behind that quarterly result awaited in this week & also from technical aspect stock now moving towards to break its previous highs.Our recommendation is to Buy 1070 stock target will be 1075/1085 SL below 1060
REPCOHOME Stock has given the breakout of the neckline of the double bottom pattern but can not sustain at upper level .we have seen the weakness on chart We recommend sell below 370 for the target of 365/360 with the stop loss of 380
2. KSCL [FUTURE] KSCL— In KSCL we have seen sharp selling in this week , we may expect that it will be continue in upcoming week also. On Technical point of view seen trend line breakdown & also MACRO NEWS stock not able to sustain at upper level. RSI & MACD also indicate downtrend in this stock with strong volume.Our Oil prices rose on Tuesday amid OPEC-led supply cuts and US sanctions against Iran and Venezuela, although recommendation is sell stock future in the range of 500 surging US production and concerns over economic Target 497/490 Sl 505 growth kept markets in check.US West Texas Intermediate (WTI) crude oil futures were at $52.50 per barrel at 0102 GMT, up 9 cents, or 0.2 percent, from their last close. International Brent crude futures were up 18 cents, or 0.3 percent, at $61.69 per barrel.
To check excessive price movements, capital markets regulator Sebi Monday proposed a slew of measures including capping the maximum daily movement of up to 20 per cent for all stocks including that are part of the future and options (F&O) segment. There have been concerns that investors' wealth is getting wiped out in a single day by recent falls in stocks on which derivative products are available, as no price band are applicable on them.
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Special Report
13-FEB-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
BANKNIFTY
CE
27,500
15
5,65,636
BANKNIFTY
CE
27,400
24.8
5,49,122
BANKNIFTY
CE
27,300
42.5
5,06,829
TATASTEEL
CE
500
7.85
10,091
RELIANCE
CE
1,300
14.8
8,862
MARUTI
CE
7,300
85
8,304
MARUTI
CE
7,400 57.25
6,539
RELIANCE
CE
1,280
6,359
21.3
MARUTIACTIVE PUT CE OPTION 9,000 111.5 5,823 MOST Symbol
Optio Strike n Price Type
BANKNIFTY
PE
27,000
BANKNIFTY
Open Interest
Bharti Airtel: Airtel Kenya Signs an agreement with Telkom Kenya to combine operations.
10,14,340 Tata Steel Q3: Profit surges 53 percent YoY to Rs 1,751 crore; India biz revenue up 10 percent 8,19,580 8,97,800 Reliance Industries: RRVL acquired a further stake of 9.44 percent in Genesis Colors for Rs 45 crore 17,78,236 19,25,500 NIFTY FUTURE NIFTY -On daily weekly chart we have 85,200 identify that Head & Shoulder pattern is forming at the top . Head & shoulder & for a short term forming 69,525 Raising wedge pattern in technical term bearish reversal 9,16,500 pattern .Nifty breach the important level of 11000 in this week ,but closing below 11000 .On technical point of 2,83,500 view still our recommendation is to sell nifty future in Open the range of 10950-10900 Target 10850/10800 SL 11000 Interest Our strategy is to sell on rise .
LTP
Traded Volume (Contracts)
99
6,28,782
5,66,720
PE
27,200 204.3
4,70,974
2,24,420
BANKNIFTY
PE
27,100 143.1
4,68,072
2,71,540
MARUTI
PE
7,100
130
6,669
31,650
MARUTI
PE
7,000 94.95
6,469
95,175
RELIANCE
PE
1,260
28.5
6,154
7,73,500
TATASTEEL
PE
480
9.1
6,011
8,35,007
TATASTEEL
PE
470
6.2
4,941
10,22,804
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
34105
2360.83
26983
1959.37
373093
29407.30
401.456
INDEX OPTIONS
1532540
91208.44
1522952
90601.22
841154
62979.17
607.2236
STOCK FUTURES
196646
10981.73
205326
11527.86
1507139
88373.67
-546.1307
STOCK OPTIONS
142325
8569.31
139176
8336.54
151810
8832.86
232.7756 695.3245
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10942
10886
10855
10799
10768
BANKNIFTY
27393
27202
27095
26904
26797
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Special Report
13-FEB-2019
RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 33100 TGT 33150/33200 SL BELOW 32900 SELL GOLD BELOW 32900 TGT 32800/32800 SL ABOVE 33200
SILVER TRADING STRATEGY: BUY SILVER ABOVE 40700 TGT 40750/40800 SL BELOW 40550 SELL SILVER BELOW 40400 TGT 40300/40200 SL ABOVE 40600
COMMODITY ROUNDUP Malaysian palm oil futures slipped on Tuesday, posting a third day of declines amid slowing export demand.The benchmark palm oil contract for April delivery 1FCPOc3 on the Bursa Malaysia Derivatives Exchange fell 0.5 percent to 2,254 ringgit ($552.86) a tonne at the close of trade. It had fallen to a three-week low of 2,247 ringgit earlier in the day after hitting a seven-month high last week.Trading volumes stood at 31,884 lots of 25 tonnes each at the end of the trading day. 1FCPO-TOT"The market had earlier gone up as India had been buying, but since buyers have bought already, they will stop for a bit in February. They also want to see the price projection of the market at a March industry conference, so the market is coming off a bit," said a Kuala Lumpur-based futures trader."U.S. soybean oil also fell, so palm needs to adjust a bit to that," the trader added, referring to overnight declines in soyoil on the Chicago Board of Trade.Exports of Malaysian palm oil products during Feb. 1-10 fell 11.2-15.8 percent from Jan. 1-10, according to cargo surveyors AmSpec Agri Malaysia, Intertek Testing Services and Societe Generale (PA:SOGN) de Surveillance. PALM/AAM PALM/ITS PALM/SGSIn other related oils, the Chicago March soybean oil contract BOH9 fell 2 percent on Monday, as concerns over improving crop weather in South America and worries about a looming March 1 deadline for a U.S.-China trade agreement brewed. GRA/Soyoil was last down 0.1 percent on Tuesday.The May contract on the Dalian Commodity Exchange DBYK9 fell 0.8 percent, while the Dalian January palm oil contract DCPK9 declined 0.4 percent.Palm oil prices are affected by movements in soyoil rates, as they compete for a share in the global vegetable oil market. Oil prices gained about 1 percent on Tuesday, supported by OPEC-led production cuts and U.S. sanctions against Iran and Venezuela, though remain wary of surging U.S. output and the outcome of U.S.-China trade talks.Brent crude futures LCOc1 were up 61 cents at $62.12 a barrel and U.S. West Texas Intermediate (WTI) crude oil futures CLc1 rose 54 cents to $52.95 a barrel by 0950 GMT.The continuing closure of parts of the Keystone pipeline that brings Canadian oil into the United States also helped to prop up WTI, traders said, March, about half a million bpd more than it originally pledged. at the radar are hopes expressed by U.S. and Chinese officials that a new round of talks, which began in Beijing on Monday, would bring them closer to easing their months-long trade war.
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Special Report
13-FEB-2019
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM MAR 8415/8440/4460 SL 8360 SELL GUARGUM MAR 8335/8330/8290 SL 8410
ABOVE
8400
TARGET
BELOW
8350
TARGET
NCDEX INDICES Index
Value
% Change
Barley
1580
0.39
Castor Seed
5096
0.39
Chana Coriander Cotton Seed Oilcake Guar Seed 10 MT
4229 6609 2049 4336
-1.18 -0.05 0.59 -0.09
15910
-0.38
3952 3826 6398
1.24 0.86 0.13
Jeera Mustardseed Soy Bean Turmeric
DHANIYA TRADING STRATEGY: BUY DHANIYA APR ABOVE 6090 TARGET 6105/6125/6140 SL 6030 SELL DHANIYA APR BELOW 6050 TARGET 6035/6020/5990 SL 6110
The issue of illegal sowing of HT (herbicide-tolerant) Cotton has surfaced again with the Andhra Pradesh (AP) government cancelling the licence of one seed company, while suspending licence of 13 other companies for one year.Reports from Telangana and Andhra Pradesh had indicated that 20-30 per cent of the total Cotton acreage last year was under the illegal HT Cotton.The Andhra Pradesh government, which was among the first States to act against the illegal spread of the HT Cottonseeds last year, has noticed a similar activity this year, triggering action on the errant firms.The herbicide-tolerant Cottonseed technology has not yet received permission from the GEAC (Genetic Engineering Approval Committee) — the apex Central government agency that receives and considers applications from agri-biotech companies on new technologies and traits. India's exports of agricultural commodities declined by 46 per cent in volume terms due to supply glut in the international market which prompted stockists to defer their purchase plans amid expectations of further price fall. Data compiled by the Agricultural & Processed Food Products Export Development Authority (Apeda) showed India’s Wheat exports slumped to 135,284 tonnes ($35 million) for the period between April and December 2018 from 249,702 tonnes ($72 million) for the corresponding period last year.Non-basmati Rice exports also fell by 14 per cent by volume and 16.4 per cent in value due to a global supply glut. Basmati Rice, Groundnut exports also posted a decline during the first nine months of the current fiscal. Experts, however, believe that global sentiment has started reviving towards the end of December 2018 and early January 2019 which may lift India’s overall agri commodity exports in the coming quarters.
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Special Report
13-FEB-2019
RBI Reference Rate Currency
Rate Currency
Rupee- $
71.30 Yen
64.8325
Euro
80.10 GBP
92.2175
USD/INR TRADING STRATEGY: USD/INR BUY USDINR FUTURE ABOVE 71.5 TARGET 71.6 71.7 SL 71.3 SELL USDINR FUTURE BELOW 71.25 TARGET 71.15 71 SL 71.45
GBP/INR TRADING STRATEGY: BUY GBPINR FUTURE ABOVE 92.50 TARGET 92.6 92.7 SL 92.30 SELL GBPINR FUTURE BELOW 92.30 TARGET 92.2 92.1 SL 92.50
Rate
The U.S. dollar rose to a new eight-week high in early trade in Europe Tuesday, as news of the deal to avert a fresh government shutdown was overshadowed by continued concerns about the U.S.-China trade war and more bearish talk out of Europe.The US Dollar Index, which tracks the greenback against a basket of major currencies, rose for a ninth straight day after German central bank chief Jens Weidmann warned in a speech that the euro zone was still not "crisis-proof".With one of the most obvious political risks to the U.S. economy lifted, the dollar remains the major currency best supported by short-term growth and interest-rate dynamics. The euro, British pound and yen by contrast are all struggling to develop any kind of momentum, given the problems in their home economies.“We assess the risks of a ‘technical’ recession (in the euro zone) at about one in three,” said IHS Markit’s chief European economist Ken Wattret in a research note.However, he said that “a severe recession remains unlikely, absent the usual triggers, including policy tightening and financial stress.”The pound slid to a new three-week low overnight, extending the losses it made after a raft of data showing the U.K. economy close to stalling as the deadline to leave the European Union approaches. USD/CAD down 31 pips On Friday, USD/CAD dropped after another strong Canadian jobs report but the pair rebounded yesterday as oil prices fell. Today, crude is higher by more than 1% and USD/CAD is on the defensive. There is also pressure on the pair with global stock markets climbing and some broad malaise in the US .EUR/USD is unchanged in the Tuesday session, after sustaining losses on Monday. Currently, the pair is trading at 1.1278, up 0.02% on the day. It’s another slow day on the data calendar, with no eurozone or German data releases. In the U.S., JOLTS Jobs Openings is expected to slow to 6.84 million. On Wednesday, the eurozone releases industrial production and the U.S. releases CPI reports.European Union finance ministers are meeting in Brussels on Tuesday.
_____________________________________________________________________________________________________________________
Special Report
13-FEB-2019
Date
Commodity/ Currency Pairs
12/2/19
NCDEX DHANIYA
APR
BUY
6340
12/2/19
NCDEX DHANIYA
APR
Sell
12/2/19
NCDEX GUARGUM5
MAR
12/2/19
NCDEX GUARGUM5
12/2/19
Contract Strategy
Entry Level
Stop Loss
Remark
6355/6370/64 00
6280
NOT EXECUTED
6250
6235/6220/61 90
6310
TARGET
BUY
8200
8215/8240/82 60
8260
TARGET
MAR
SELL
8150
8135/8120/80 80
8210
TARGET
MCX GOLD
FEB
BUY
33500
33550/33600
33400
NOT EXECUTED
12/2/19
MCX GOLD
FEB
SELL
33300
33250/33200
33500
TARGET
12/2/19
MCX SILVER
MAR
BUY
40700
40750/40800
40500
NOT EXECUTED
12/2/19
MCX SILVER
MAR
SELL
40400
40300/40200
40600
NOT EXECUTED
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
12/2/19
NIFTY
FUTURE
SELL
10950-10900
10850/10800
11000
TARGET
12/2/19
TITAN
FUTURE
BUY
1070
1075/1080
1060
TARGET
12/2/19
KSCL
FUTURE
SELL
525
518/500/490
535
TARGET
12/2/19
REPOHOME
CASH
SELL
375
370/365
385
TARGET
_____________________________________________________________________________________________________________________
Special Report
13-FEB-2019
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)
PERIO D
REPORT
ACTUAL
FORECAST
PREVIOUS
THE GOVERNMENT SHUTDOWN COULD DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, FEB. 11 None scheduled TUESDAY, FEB. 12 6 am
NFIB small business index
Jan.
--
104.4
10 am
Job openings
Dec.
--
6.9 mln
11 am
Household credit
Q4
--
4.3%
WEDNESDAY, FEB. 13 8:30 am
Consumer price index
Jan.
0.1%
-0.1%
8:30 am
Core CPI
Jan.
0.2%
0.2%
2 pm
Federal budget
Dec.
--
-$23 bln
THURSDAY, FEB. 14 8:30 am
Weekly jobless claims
2./9
227.000
234,000
8:30 am
Retail sales (new date)
Dec.
0.0%
0.2%
8:30 am
Retail sales ex-autos (new date)
Dec.
-0.1%
0.2%
8:30 am
Producer price index
Jan.
0.2%
-0.2%
10 am
Business inventories (new date)
Nov.
--
0.6%
--
N/A N/A
Jan.
DELAYED 54.8 ---
FRIDAY, FEB. 15 8:30 am 9:45 am
Retail sales*
Markit manufacturing index flash
8:30 am Markit Retail sales ex-autos* 9:45 am services index flash 8:30 am Import price index
Nov. Nov.
Jan. Jan
---
DELAYED
55.7
-1.0%
8:30 am
Empire state index
Feb.
--
3.9
9:15 am
Industrial production
Jan.
0.2%
0.3%
9:15 am
Capacity utilization
Jan.
78.8%
78.7%
10 am
Business inventories*
Dec.
--
N/A
10 am
Consumer sentiment index
Feb.
92.8
91.2
DELAYED
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