Special Report
13–MAR-2019
Global markets at a glance
The S&P 500 and the Nasdaq rose on Tuesday after tame inflation data underscored the Federal Reserve’s dovish stance on interest rate hikes, but the Dow ended lower as Boeing’s shares sank for a second day after one of its planes crashed in Ethiopia.The Dow Jones Industrial Average fell 94.32 points, or 0.37 percent, to 25,556.56, the S&P 500 gained 8.41 points, or 0.30 percent, to 2,791.71 and the Nasdaq Composite added 32.97 points, or 0.44 percent, to 7,591.03. Asian share markets got off to a subdued start on Wednesday after a mixed finish on Wall Street, while a frazzled pound awaited its fate ahead of yet another make-or-break parliamentary vote on Brexit.MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 percent in slow trade. Japan’s Nikkei dipped 0.3 percent and Australia’s main index slipped 0.4 percent. E-Mini futures for the S&P 500 were off 0.08 percent.Trends on SGX Nifty indicate a flat to negative opening for the broader index in India. PREVIOUS DAY ROUNDOFF Indian equity markets continued its upward momentum with Bank Nifty index closing at a lifetime high level. Bank Nifty index continued its winning streak for the 6th day in a row, closing ~1.5% higher, led by a strong rally in HDFC Bank, ICICI & Kotak Bank.Nifty IT index remained under the selling pressure for the 4th day in a row backed by a strong appreciating INR against the US Dollar. IndusInd Bank & Bharti Airtel added fresh long positions with a fresh spike in open interest, while Apollo Hospital added fresh short positions. Escorts 860CE added massive open positions to tune of ~2925% along with a 2x surge in the option premium, clearly indicating a continuation of the current impulse move. Market breadth ended in the favour of advances with the advance/decline ratio closed at 2:1x. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+15.8pts], Consumption[+49.80pts],PSE[+6.35pts],CPSE[ 3.15pts],Energy[+220.20pts],FMCG[+224.40pts],Auto [+20.20pts],Pharma[+119.75pts],IT[-3.95pts],Metal [+14.20pts],Realty[+6.25pts], Fin Serv sector[+174.40pts].
World Indices Index
Value
% Change
DJI
25554
-0.38
S&P500
2791
+0.30
NASDAQ
7591
+0.44
FTSE100
7151
+0.29
21188 28786
-1.47 -0.46
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
Bharti Airtel
351.8
18
5.39
1,569.05
54.45
3.6
388.2
12.35
3.29
1,388.90
42.35
3.15
361.05
9.75
2.78
CMP
Change
% Chg
22,461.95 2,753.05 316.35 151.85 706.95
-510.5 -38 -3.35 -1.15 -4.3
-2.22 -1.36 -1.05 -0.75 -0.6
IndusInd Bank ICICI Bank Larsen Adani Ports
Top Losers Company
Eicher Motors Bajaj Finance Bharti Infratel ONGC Infosys
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
AAVAS
1,260.00
12.3
0.99
ABFRL
236.9
1.1
0.49
ADANIGAS
122.2
2.5
2.13
ANUP
605
28.8
5
ARVINDFASN
684
32.55
5
Prev. Close
Change
%Chg
14.85
0
0
329.25
-18.55
-5.32
1.85 1.55 1.8
-0.05 0 -0.05
-2.63 0 -2.7
Stocks at 52 Week’s LOW Symbol
ABMINTLTD BAJAJCON DNAMEDIA HOTELRUGBY JAIHINDPRO
Indian Indices Company
CMP
Change
% Chg
NIFTY
11301.20
+133.15
+1.19
SENSEX
37535.66
+481.56
+1.30
_____________________________________________________________________________________________________________________
Special Report
13–MAR-2019
RECOMMENDATIONS [FUTURE]
STOCK RECOMMENDATION [CASH]
1. CANFINHOME [FUTURE ] CANFINHOME Future closed at last five month high . Closing of stock above its 200 DEMA & stock also give neck line breakout of double bottom bullish pattern . Our recommendation is to Buy stock future in the range 313-310 for the target of 317/325 Sl below 305 .Strong volume seen in NBFC segment .
IIFL[CASH] 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 .Buy Above 404405 with stop loss of 400 for target of 410/425 .
2. TATAGLOBAL [FUTURE] TATAGLOBAL future looking bullish on daily chart it has given breakout of trendline . Stock is traded below 100 & 200 DEMA but for a intra day & as well as positional view we may expect a bull rally in the stock.Our recommendation is to Buy 205-206 Target 209/220 Sl below 200 .After analysis of derivate data long position made by traders .
MACRO NEWS
India's factory output grew 1.7 percent in January, lower than previous month's 2.4 percent, and 7.5 percent in January last year. Factory output measured by the index of industrial production (IIP) is the closest approximation to gauge business activity in the economy.Manufacturing sector output, which accounts for more than three-fourths of the entire index, grew at 1.3 percent in January, a sharp fall from an 8.7 percent growth a year ago for the same period, symptomatic of a slowdown in investment activities.
India's retail inflation stood at 2.57 percent in February, marginally higher than the previous month’s 2.05 percent, and sharply lower than 4.4 percent in the same month last year, primarily aided by low food prices. The latest price data released by CSO on March 12 showed that consumer price index (CPI)-based inflation, which measures changes in shop-end prices, remained comfortably within RBI's target level of 4 percent.Food prices continued to fall with consumer food price inflation, which is a gauge to measure changes in kitchen budgets, contracted 0.66 percent in February.
_____________________________________________________________________________________________________________________
Special Report
13–MAR-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
Jet Airways: Parborrowing availed by the company, for
BANKNIFTY
CE
28,500
99
9,66,991
BANKNIFTY
CE
28,400
147
7,35,000
working capital purposes, falling due on March 11, hasbeen delayed owing to temporary liquidity 4,79,380 constraints and the company has engaged with the lender in relation to the same. 2,24,220
BANKNIFTY
CE
28,300
212
6,32,419
1,96,860
RELIANCE
CE
1,340
25.9
RELIANCE
CE
1,360
18
INDUSINDBK
CE
1,600 22.75
RELIANCE
CE
1,320
36.2
INDUSINDBK
CE
1,550
43.3
MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST LTP
NIFTY FUTURE 10,10,500 Last trading session Nifty Future close on positive note 9,974 7,43,500 and gaining around 1.20% with bulish candlestick in daily chart,after announce central election news,And if we go 8,707 3,53,400 technically on cahrt we can seen clearly cross major 7,839 6,40,000 resistance level and close above this level , and also trendline breakout in daily chart, and close daily chart in 7,432 3,49,800 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 5,57,917 5,70,100 strateg, So we advise you to buy around 1150-11160 for the targets of 11250-11300 With SL of below 11000. 5,10,845 7,24,860 11,449
Symbol
Optio Strike n Price Type
BANKNIFTY
PE
28,200
52
BANKNIFTY
PE
28,000
27.2
BANKNIFTY
PE
28,100
36.7
4,66,858
3,77,140
RELIANCE
PE
1,300 15.35
7,960
7,56,000
RELIANCE
PE
1,280
10.5
5,876
7,03,000
RELIANCE
PE
1,320 22.15
4,537
3,50,500
RELIANCE
PE
1,260
7.1
3,779
7,18,500
ICICIBANK
PE
380
5.25
3,485
23,89,750
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
11,376
11338
11282
11245
11189
BANKNIFTY
28703
28573
28358
28227
28012
_____________________________________________________________________________________________________________________
Special Report
13–MAR-2019
RECOMMENDATIONS GOLD TRADING STRATEGY: Gold BUY ABOVE 32170 TARGET 32230/32270 SL 32100 Gold Sell BELOW 32100 TARGET 32050/32000 SL 32200
SILVER TRADING STRATEGY: Silver BUY ABOVE 38840 TARGET 38900/38930 SL 38740 Silver Sell BELOW 38790 TARGET 38740/38680 SL 38850
COMMODITY ROUNDUP Oil rose to around $67 a barrel on Tuesday, supported by Saudi Arabia's plan for further voluntary supply curbs in April and by a cut in oil exports from Venezuela due to a power outage.Saudi Arabia, seeking to drain a supply glut and support prices, plans in April to keep its oil output well below the level required of it as part of an OPEC-led supply cutting deal, a Saudi official said on Monday. crude LCOc1 , the global benchmark, rose by 70 cents to $67.28 a barrel at 0958 GMT. U.S. West Texas Intermediate crude CLc1added 57 cents to $57.36."This shows Saudi Arabia's resolve to keep the oil market balanced by keeping oil supply tight," said Carsten Fritsch, analyst at Commerzbank (DE:CBKG)."Additional buoyancy has come from news that the massive power outage in Venezuela is also hampering the country's oil exports."Crude has rallied this year after the Organizaton of the Petroleum Exporting Countries and its allies including Russia, a group known as OPEC+, returned to supply cuts as of Jan. 1.Saudi Arabia has voluntarily cut its supply by more than the deal requires and in April will keep output "well below" 10 million bpd, the Saudi official said - below the 10.311 million bpd that the kingdom had agreed to pump."We see a tightening underlying physical crude balance as a key pillar of support for outright prices at this point in the year," said analysts at JBC Energy in a report.A host of involuntary supply curbs in OPEC members caused by unrest in Libya, and U.S. sanctions on Iran and Venezuela, have also helped to boost prices. Gold edged higher on Tuesday, supported by a retreat in the dollar after an apparent breakthrough in Brexit negotiations between the European Union and Britain, although rallying equities capped bullion's gains.Spot gold XAU= rose 0.2 percent to $1,295.89 per ounce as of 1055 GMT, while U.S. gold futures GCv1 were up 0.4 percent at $1,296.20.Some dollar weakness emerged due to the Brexit talks, in turn providing short-term support to gold prices, Capital Economics analyst Ross Strachan said.The dollar .DXY fell from near three-month highs hit in the previous session, making bullion cheaper for holders of other currencies, while sterling soared. USD/Capping gold's rise, last-minute tweaks to Britain's arrangement for leaving the EU triggered gains in global stocks, having soothed investor worries about a possible no-deal exit. MKTS/GLOB
_____________________________________________________________________________________________________________________
Special Report
13–MAR-2019
RECOMMENDATIONS GUARGUM5 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
NCDEX INDICES Index
Value
% Change
Barley
1670
0.54
Castor Seed
5272
-0.04
Chana
4174
0.74
Coriander
6600
-0.26
Cotton Seed Oilcake
2038
0.79
Guar Seed 10 MT
4262.5
-0.36
Jeera
16025
0.69
Mustardseed
3844
-0.47
Soy Bean
3619
+0.36
Global wheat production is expected to rise 4% year-onyear to 757.4 million tonnes in 2019, with the EU and Russia contributing to most of the growth, the Agricultural Market Information System (AMIS) -- an inter-agency platform that assesses global food supplies and tracks price volatility, said in its latest report.In 2017, total world wheat production reached an all-time high of 759.4 million tonnes, data from AMIS' Market Monitor report showed. The estimates are a joint effort of the Food and Agriculture Organization and AMIS.The EU is expected to produce 149 million tonnes of wheat in 2019, up 8.36% from a six-year low of 137.4 million mt recorded in 2018. Favorable weather conditions combined with a larger planted area is expected to boost 2019 output, AMIS said.Russia, the top exporter of the grain, is expected to see its 2019 production rise by almost 10% from the previous year, according to the report. Increased overall plantings and beneficial weather conditions are expected to push up production in the country, AMIS said. State-run Food Corporation of India (FCI) has disposed of 2.97 lakh tonne of pulses, nearly the entire stock it procured in last two years, to various states and to bulk consumers, according to an official data.FCI had a stock of 2.98 lakh tonne of pulses procured at the minimum support price (MSP) during 2015-16 and 2016-17 marketing years (July-June).As per the latest data, the agency has cleared 2.97 lakh tonne of pulses comprising 'tur', 'masoor', 'moong' and 'urad' till February 2019.Of this, 2.36 lakh tonne was sold through electronic auction mode to bulk users, while the rest through states.Less than 800 tonne is left with FCI, which will also be disposed of, the data added.FCI is the central nodal agency that undertakes mainly the procurement and distribution of wheat and rice at the MSP.
_____________________________________________________________________________________________________________________
Special Report
13–MAR-2019
RBI Reference Rate Currency Rupee- $ Euro
Rate Currency
Rate
69.8050 Yen
62.8750
78.50 GBP
90.9925
USD/INR TRADING STRATEGY: BUY USDINR FUTURE ABOVE 69.95 TARGET 70.05/70.15 SL 69.75 SELL USDINR FUTURE BELOW 69.75 TARGET 69.65/69.55 SL 69.95
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.
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 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%. 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.
_____________________________________________________________________________________________________________________
Special Report
13–MAR-2019
Date
Commodity/ Currency Pairs
12/03/19
NCDEX DHANIYA
APR
BUY
6220
12/03/19
NCDEX DHANIYA
APR
Sell
12/03/19
NCDEX GUARGUM5
MAR
12/03/19
NCDEX GUARGUM5
12/03/19
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
12/03/19
MCX GOLD
MAR
SELL
32200
32170-32150
32250
TARGET
12/03/19
MCX SILVER
MAR
BUY
38690
38720/38750
38640
SL HIT
12/03/19
MCX SILVER
MAR
SELL
38640
38600/38575
38675
TARGET
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
12/03/19
NIFTY
FUTURE
BUY
11150-11160
11250-11300
11000
NOT EXECUTED
12/03/19
CANFINHOME
FUTURE
BUY
296
317-331
291
NOT EXECUTED
12/03/19
M&M FIN
FUTURE
BUY
442-444
450/455/465
438
SL HIT
12/03/19
IIFL
CASH
BUY
370-372
380/395/410
365
NOT EXECUTED
_____________________________________________________________________________________________________________________
Special Report
13–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
_____________________________________________________________________________________________________________________
Special Report
13–MAR-2019
Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
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: 2019-03-13 09:07+05:30
_____________________________________________________________________________________________________________________