Special Report
14–JAN-2019
Global markets at a glance Wall Street dipped slightly on Friday, breaking a fivesession rally, as energy shares declined and investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks.Underpinned by optimism over China-US trade talks and expectations of a slow pace of interest rate hikes from the Federal Reserve, the stock market'swinning streak through Thursday added 6 percent to the S&P 500 and left it up about 10 percent from the 20-month low it hit around Christmas.The Dow Jones Industrial Average ended down 0.02 percent at 23,995.95 points, while the Nasdaq Composite dropped 0.21 percent to 6,971.48. The S&P 500 ended down 0.38 points at 2,596.26. Asian shares camped near 1-1/2 month highs on Monday as investors kept a wary eye on looming Chinese trade data on increasing signs a slowdown in the world’s secondbiggest economy is dragging on global growth. MSCI’s broadest index of Asia-Pacific shares outside Japan was barely changed at 490.97 points after climbing to the highest since early December on Friday. Liquidity was expected to be light during Asian hours as Japan was on public holiday. Australian shares ticked up 0.3 percent while New Zealand's benchmark index was off 0.2 percent.China's exports rose 9.9 percent in 2018, its strongest trade performance in seven years, despite growing disruptions from an escalating trade war with the United States, customs data showed on Monday. PREVIOUS DAY ROUNDOFF Indian benchmark indices witnessed a lackluster trading session come to an end with Nifty & Bank Nifty closing lower for the second day in a row.TCS was among the top losers on the benchmark index and tumbled ~2% on the day after the company missed its Q3FY19 margin.On the derivatives front, TCS futures added fresh short positions while heavy call writing was seen in out-of-the-money option strikes. Among the sectoral indices, Nifty FMCG was among the outperformers and closed ~0.6% higher. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+18pts], Consumption[+25pts],PSE[+18.05pts],CPSE[+8.1pts],Energy [+900ts],FMCG[+92pts],Auto[+10.5pts],Pharma[+60Pts],IT [+145.35pts],Metal[-4.6pts],Realty[+3.15pts], Fin Serv sector[+73.2pts].
World Indices Index
Value
% Change
DJI
23758
-0.80
S&P500
2596
-0.015
NASDAQ
6971
-0.21
FTSE100
6918
-0.36
20322 26521
+0.79 +0.22
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
ITC
295.35
5.75
1.99
UPL
783.45
10.35
1.34
IOC
131.2
1.3
1
ONGC
144.65
1.4
0.98
Hindalco
205.85
1.85
0.91
CMP
Change
% Chg
1,515.15 180.3 277.2 1,842.55 1,369.60
-50.75 -5.45 -7.85 -46 -23
-3.24 -2.93 -2.75 -2.44 -1.65
Top Losers Company
IndusInd Bank Tata Motors Bharti Infratel TCS Larsen
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
1,560.00
2.45
0.16
796
45.8
6.15
LIQUIDETF
1,000.01
-0.02
0
MAHSCOOTER
3,499.00
145.65
4.4
MUTHOOTFIN
545.35
12.45
2.37
Prev. Close
Change
%Chg
1.85
0.05
2.63
APLAPOLLO
1,045.00
31.95
2.91
ASIANTILES BASF CURATECH
140.25 1,500.00 0.95
-4.15 -12.65 -0.05
-2.86 -0.83 -5
AARTIIND LINDEINDIA
Stocks at 52 Week’s LOW Symbol
ABGSHIP
Indian Indices Company
CMP
Change
% Chg
NIFTY
10795
-26.6
-0.25
SENSEX
36009
-96.66
-0.27
_____________________________________________________________________________________________________________________
Special Report
14–JAN-2019
RECOMMENDATIONS [FUTURE]
STOCK RECOMMENDATION [CASH]
1. STAR [FUTURE ]
REPCOHOME Stock has given the breakout of the neckline of the double In Star on daily chart as well as weekly we have seen the bottom pattern on the daily chart with the good volumes trend line breakout & also asending triangle breakout .In and closed near to days high. We recommend buying last four trading session strong buying force by trader . above 430 for the target of 435 with the stop loss of 420 Derivative data also suggest that traders are bullish on this . Our recommendation is Buy in range 477-480 Target 490/500/520 SL 460.Stock is trade above all its important moving avaerages.
MACRO NEWS 2. REPCO HOME [FUTURE]
The Finance Ministry may consider selling part of its stake in Axis Bank and ITC, held through SUUTI, in next few months, an official said.As on September 30, 2018, Specified Undertaking of Unit Trust of India (SUUTI) held around 9.63 percent stake in Axis Bank, 7.97 percent in ITC and 1.80 percent in L&T.While the government is waiting for L&T to launch a buyback offer to tender its shares; for holding in Axis Bank and ITC, it would consider off-market deals, an official said.
The World Bank has committed to provide India funds worth $300 million to aid its energy efficiency programme, sources told Moneycontrol. The move will help the government set up the requisite infrastructure to push forward its ambition of expanding electric mobility in the country. In a meeting held in December 2018, the Ministry of New and Renewable Energy (MNRE) informed the Committee of Secretaries that the World Bank would route the aid to India through Energy Efficiency Services Ltd (EESL), a government-owned public sector unit, people aware of the development said.EESL did not respond to Moneycontrol’s request for comment at the time of publishing. received.
Stock has given the breakout of the neckline of the double bottom pattern on the daily chart with the good volumes and closed near to days high. We recommend buying above 430 for the target of 435 with the stop loss of 420
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Special Report
14–JAN-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
BANKNIFTY
CE
27,800
71.7
3,68,957
5,90,000
BANKNIFTY
CE
28,000 30.25
3,64,273
BANKNIFTY
CE
27,700 100.9
3,03,930
TCS
CE
1,900
21.5
TCS
CE
2,000
5.95
RELIANCE
CE
1,140
14.3
TCS
CE
1,950
11.2
TCS
CE
1,940
12.7
MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST Symbol
Optio Strike n Price Type
BANKNIFTY
PE
27,300
BANKNIFTY
17,886
Cadila Healthcare: Zydus received final approvals from the USFDA for Betamethasone Dipropionate Cream and Amlodipine & Atorvastatin tablets.
GNA Axles Q3: Profit rises 41.6 percent to Rs 18 crore 8,17,900 versus Rs 12.7 crore; revenue increases 47.5 percent to 5,50,900 Rs 246.3 crore versus Rs 167 crore YoY. 14,57,250
NIFTY FUTURE Nifty followed global market and started 18,42,750 with gap up but today PSU and Metal share made 8,174 20,30,000 pressure in market due to that whole day Nifty traded in sideways and in last one hour it loosed almost fifty per 7,436 5,51,250 cent gains in intraday. On daily chart it created bearish 6,818 4,65,250 candle since Nifty forming Open Broadening pattern so we it will be buy in decline around 10850 with stop loss o 5,823 2,83,500 10770 for the target of 10920/10970. 15,755
LTP
Traded Volume (Contracts)
Open Interest
120
3,51,620
2,80,120
PE
27,400 157.95
3,05,869
2,45,660
BANKNIFTY
PE
27,000
44
3,00,859
5,63,620
TCS
PE
1,800 21.85
13,650
11,76,750
TCS
PE
1,850
42.3
4,758
4,23,250
TCS
PE
1,840
37.4
4,733
2,07,250
TCS
PE
1,820
28.5
4,353
1,73,750
RELIANCE
PE
1,080 20.75
4,330
7,43,000
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
51682
3809.87
47972
3349.39
398878
31476.85
460.4813
INDEX OPTIONS
2189187
129123.93
2164697
127874.85
727992
54781.09
1249.0744
STOCK FUTURES
207573
12377.69
215406
12744.15
1358275
82898.30
-366.4586
STOCK OPTIONS
120212
7125.50
119307
7089.91
124498
7282.46
35.5899 1378.687
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10905
10850
10794
10739
10684
BANKNIFTY
27712
27583
27482
27353
27252
_____________________________________________________________________________________________________________________
Special Report
14–JAN-2019
RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 32000 TGT 32050/32100 SL BELOW 31900 SELL GOLD BELOW 31850 TGT 31800/31750 SL ABOVE 31950
SILVER TRADING STRATEGY: BUY SILVER ABOVE 39500 TGT 39550/39600 SL BELOW 39350 SELL SILVER BELOW 39200 TGT 39100 39050 SL ABOVE 39350
COMMODITY ROUNDUP World food prices were virtually unchanged in December, with firmer cereal prices helping offset declines in dairy and sugar quotations, the United Nations food agency said.The Food and
Agriculture Organization's (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 161.7 points last month against 161.6 in November.In 2018 the index averaged 168.4 points, down 3.5 percent from 2017 and almost 27 percent below the highest level of 230 points reached in 2011, FAO said.“Sugar values dropped the most in 2018, with also vegetable oil, meat and dairy prices registering year-on-year decreases. However, international prices of all major cereals rose in 2018,” FAO said. The FAO Cereal Price Index increased 1.8% in December 2018 over November 2018 and jumped 9.6% above December 2017. Wheat prices were up slightly in December, mostly supported by harvesting concerns in Argentina due to untimely rains and tightening export supplies in the Russian Federation. However, strong competition for exports limited the rise in prices. International maize prices also rose in December, amid firm global demand coupled with weather concerns in the southern hemisphere. By contrast, international rice prices subsided for the sixth successive month, pressured further by a quiet pace of trade.Over the whole of 2018, the FAO Cereal Price Index increased 9.0% above 2017 but still remained 31% below its peak reached in 2011. Falling world output of wheat and maize contributed to the increase in prices during 2018, although overall global supplies of all the major cereals remained more than sufficient, leaving inventories still at high levels.
Gold prices edged up on Friday in Asia as U.S. dollar slipped on expectations that the Federal Reserve may pause interest rates hike this year if the global economy continues to slow.Gold futures for February delivery rose 0.3% to ET ( 0 6 : 4 8 G M T ) 1,292.30 by 1 : 4 8 A M Chairman Jerome Powell onthe Comex exchanged.Fed reiterated on Thursday that the central bank could afford to be patient on monetary policy, and downplayed suggestions that interest rates would be hiked twice more in 2019."We can afford to be patient about assessing how to adjust our policy stance," he said. This is in part because "we begin the year as close to our assigned objectives as we have in a very long time," he added.
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Special Report
14–JAN-2019
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM JAN ABOVE 8380 TARGET 8395/8420/8440 SL 8320 SELL GUARGUM JAN BELOW 8100 TARGET 8085/8060/8040 SL 8160
NCDEX INDICES Index
Value
% Change
Barley
1941
-1.27
Castor Seed
5348
1.44
Chana Coriander Cotton Seed Oilcake Guar Seed 10 MT
4198 6167 1930 4348
-1.85 -2.74 -1.43 0.24
17490
-0.51
3959 3466 6626
0.61 0.7 0.18
Jeera Mustardseed Soy Bean Turmeric
DHANIYA TRADING STRATEGY: BUY DHANIYA JAN ABOVE 6020 TARGET 6035/6055/6080 SL 5960 SELL DHANIYA JAN BELOW 6000 TARGET 5985/5960/5940 SL 6060
Rice export prices in India rose this week due to a rally in local rates, while Thai and Vietnam prices are expected to drop in the coming weeks with fresh supplies hitting the market.India's 5 percent broken parboiled variety was quoted around $382-$387 per tonne this week, compared with $376-$383 last week.Export prices in India had shot up earlier after Chhattisgarh, a leading Rice producing state in central India, raised the minimum paddy buying price.Meanwhile, rates for Vietnam's 5 percent broken Rice stayed flat from last week at $370-$375 a tonne, and traders expect prices to fall in the coming weeks on rising supplies and weak demand.In Thailand, benchmark 5percent broken Rice prices narrowed to $390-$400 range, free on board Bangkok, from $380-$400 last week due to the baht's strength against the U.S. Dollar. According to the price analysis done by Tamil Nadu Agriculture University ( TNAU), Coconut would fetch a better price for farmer till March.Farmers could expect good quality Coconut to fetch a farm gate price of Rs 15 to Rs 17 per piece.The study also found that the damage caused to Coconut plantation due to the cyclone Gaja and the up coming festival season would spur the demand for Coconuts.Coconut is cultivated in 20.79 lakh hectares land across the country, Tamil Nadu, Kerala, Karnataka and Andhra Pradesh are main producers. The southern states together accounts for nearly 81 percent of the total Coconut produced in the country. According to the price analysis done by Tamil Nadu Agriculture University ( TNAU), Coconut would fetch a better price for farmer till March. Farmers could expect good quality Coconut to fetch a farm gate price of Rs 15 to Rs 17 per piece. The study also found that the damage caused to Coconut plantation due to the cyclone Gaja and the up coming festival season would spur the demand for Coconuts.
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Special Report
14–JAN-2019
RBI Reference Rate Currency
Rate Currency
Rate
Rupee- $
70.62 Yen
65.2825
Euro
81.44 GBP
90.34
USD/INR TRADING STRATEGY: USD/INR BUY USDINR FUTURE ABOVE 70.80 TARGET 70.9 71 SL 70.5 SELL USDINR FUTURE BELOW 70.5 TARGET 70.4 70.3 SL 70.8
GBP/INR TRADING STRATEGY: BUY GBPINR FUTURE ABOVE 90.75 TARGET 90.85 90.95 SL 90.55 SELL GBPINR FUTURE BELOW 90.20 TARGET 90.10 90 SL 90.4
The dollar fell versus other major currencies for a fourth straight session on Tuesday, as investors grew increasingly convinced the Federal Reserve will not raise interest rates this year amid uncertainties over the US economy. The dollar index fell marginally to 95.64. It dipped 0.1 per cent against the yen and eased marginally versus the euro and sterling in early Asian trade. On Friday, Fed Chairman Jerome Powell told the American Economic Association the Fed is not on aa preset path of rate hikes and it will be sensitive to the downside risks markets are pricing in. The euro was on track for its biggest weekly rise in four months on Friday as the U.S. dollar weakened on signs that the Federal Reserve could slow down the pace of interest rate hikes.EUR/USD jumped 0.23% to 1.1524 as of 5:30 AM ET (10:30 AM ET), pushed higher by the falling greenback. Still, the single currency remains under pressure due to weak economic data and expectations the European Central Bank will keep rates low in 2019."The euro remains supported by the soft dollar story. The risk of a short squeeze perhaps to the $1.1620/ area remains," said Chris Turner, head of foreign exchange at ING in London.The U.S. dollar was pushed lower on Thursday after Fed Chairman Jerome Powell restated that the central bank will evaluate the economy before making any decisions on monetary policy.“We have the ability to be patient and watch patiently and carefully as we watch the economy evolve,” Powell said in prepared remarks on Thursday at the Economic Club of Washington, D.C.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, fell 0.19% to 94.93.Elsewhere, the pound inched up despite Brexit uncertainty. GBP/USD rose 0.15% to 1.2765. The Indian rupee extended its fall for the third consecutive trading session on Thursday and depreciated 15 paise to 70.61 against the American currency in intraday trading. Notably, the currency has been oscillating between gains and losses since it opened on Thursday. It had depreciated 3 paise to open at 70.49/US$ compared to its previous close of 70.46.
_____________________________________________________________________________________________________________________
Special Report
14–JAN-2019
Date
Commodity/ Currency Pairs
11/1/19
NCDEX DHANIYA
JAN
BUY
6020
11/1/19
NCDEX DHANIYA
JAN
Sell
11/1/19
NCDEX GUARGUM5
JAN
11/1/19
NCDEX GUARGUM5
11/1/19
Contract Strategy
Entry Level
Stop Loss
Remark
6035/6055/60 80
5960
NOT EXECUTED
6000
5985/5960/59 40
6060
TARGET
BUY
8380
8395/8420/84 40
8320
TARGET
JAN
SELL
8350
8335/8320/82 90
8410
TARGET
MCX GOLD
JAN
BUY
31790
31840 31940
31720
11/1/19
MCX GOLD
JAN
SELL
31700
31650 31550
31770
11/1/19
MCX SILVER
MAR
BUY
39460
39600 39800
39260
NOT EXECUTED
11/1/19
MCX SILVER
MAR
SELL
39350
39200 39000
39550
TARGET HIT
Entry Level
Target
Stop Loss
Remark
Target
NOT EXECUTED
TARGET HIT
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
11/1/19
NIFTY
FUTURE
BUY
10850
10920/10970
10750
OPEN
11/1/19
STAR
FUTURE
BUY
477-480
487/493
468
OPEN
11/1/19
BHARAT FIN
FUTURE
BUY
1010-1012
1020/1030/10 35
995
NOT EXECUTEED
11/1/19
REPOHOME
CASH
BUY
430
435
420
TARGET
_____________________________________________________________________________________________________________________
Special Report
14–JAN-2019
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)
REPORT
PERIOD
ACTUAL
FORECAST
PREVIOUS
THE GOVERNMENT SHUTDOWN COULD DELAY THE RELEASE OF SOME DATA THIS WEEK MONDAY, JAN. 14 None scheduled TUESDAY, JAN. 15 8:30 am
Producer price index
Dec.
-0.1%
0.1%
8:30 am
Empire state index
Jan.
--
10.9
8:30 am
Retail sales*
Dec.
0.1%
0.2%
8:30 am
Retail sales ex-autos*
Dec.
0.0%
0.2%
8:30 am
Import price index
Dec.
--
-1.6%
10 am
Business inventories*
Nov.
--
0.6%
10 am
Home builders' index
Jan.
--
56
8:30 am
Weekly jobless claims
1/12
220,000
216,000
8:30 am
Housing starts*
Dec.
1.256mln
1.256mln
8:30 am
Building permits*
Dec.
--
1.328mln
8:30 am
Philly Fed index
--
9.1
WEDNESDAY, JAN. 16
THURSDAY, JAN. 17
9:45 am
Markit manufacturing index flash
9:45 am Markit18 services index flash FRIDAY, JAN.
Nov.
Jan.
Nov.
--
55.7
--
54.8
9:15 am
Industrial production
Dec.
0.3%
0.6%
9:15 am
Capacity utilization
Dec.
78.5%
78.5%
10 am
Consumer sentiment index
Jan.
98.0
98.3
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