15 April 2019 Special Report on the Stock Market by our Experts

Special Report 15 –APR -2019

Global markets at a glance The S&P 500 ended little changed on Thursday as growing anxiety over a global economic slowdown offset upbeat data and investors waited for earnings season to kick into high gear.The Dow Jones Industrial Average fell 14.11 points, or 0.05 percent, to 26,143.05, the S&P 500 closed flat at 2,888.32 and the Nasdaq Composite dropped 16.89 points, or 0.21 percent, to 7,947.36.

Asian shares were flat and US Treasury yields pulled back on Friday as investor caution prevailed ahead of the release of first-quarter corporate earnings, although stronger US economic data helped offset some concerns about global growth.MSCI’s broadest index of Asia-Pacific shares outside Japan was barely higher, up 0.03 percent. Higher Chinese iron ore prices helped Australian shares outpace regional markets, pushing Australia’s S&P/ASX 200 index up 0.7 percent.

World Indices Index

Value

% Change

DJI

26412

+1.03

S&P500

2907

+0.66

NASDAQ

7984

+0.46

FTSE100

7437

+0.26

22190 30189

+1.46 +0.93

NIKKEI HANG SENG

Top Gainers Company

CMP

Change

% Chg

ITC

305.75

9.35

3.15

GAIL

356.75

14.05

4.1

Maruti Suzuki

7,342.85

155

2.16

Zee Entertain

418.15

7.25

1.76

Cipla

554.85

10

1.84

CMP

Change

% Chg

830.1 155.35 1,360.90 3,008.80 215.95

-15.7 -2.6 -17.1 -39.05 -2.25

-1.86 -1.65 -1.24 -1.28 -1.03

Top Losers PREVIOUS DAY ROUNDOFF

The benchmark indices ended higher on Friday with Nifty ended above 11,600 level.At close, the Sensex was up 160.10 points at 38767.11, while Nifty was up 46.80 points at 11,643.50. About 1355 shares have advanced, 1138 shares declined, and 153 shares are unchanged. Shares of IT major, Tata Consultancy Services (TCS) and Infosys ended flat ahead of their March quarter earnings to be released later today.GAIL, ITC, Maruti Suzuki, Cipla and Zee Entertainment were among major top gainers on the Nifty, while losers were Indiabulls Housing Finance, IOC, Bajaj Finance, L&T and Tata Motors.Among the sectors, auto and FMCG indices led the gainers with 1 percent gain followed by IT, pharma and bank.

Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+2.60pts], Consumption[+23.30ts],PSE[+10.70pts],CPSE [+8.65pts],Energy[+132.25pts],FMCG[+156.2pts],Auto [+45.55pts],Pharma[-16.75pts],IT[-124.40pts],Metal[37.75pts],Realty[-2.00pts], Fin Serv sector[+23.35 pts].

Company

Indiabulls Hsg IOC Larsen Bajaj Finance Tata Motors

Stocks at 52 Week’s HIGH Symbol

Prev. Close

Change

%Chg

892.5

14.25

1.67

ASTRAZEN

2,199.00

143.2

6.97

BAJAJFINSV

7,594.95

-0.75

-0.01

61.55

2.9

4.94

5.05

0.2

4.12

Prev. Close

Change

%Chg

ASHIMASYN

11.3

0.55

4.76

ATNINTER

0.05

0

0

BALLARPUR BLUECOAST CKFSL

2.75 34.2 63.2

-0.1 -1.8 -3.3

-3.51 -5 -4.96

ALKYLAMINE

BALAXI BILENERGY

Stocks at 52 Week’s LOW Symbol

Indian Indices Company

CMP

Change

% Chg

NIFTY

11643

+46.8

+0.40

SENSEX

38767

+160

+0.41

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Special Report 15 –APR -2019

RECOMMENDATIONS [FUTURE]

STOCK RECOMMENDATION [CASH]

1. LUPIN [FUTURE ]

INFY

LUPIN FUTURE — Stock is taken a support in the range of 700-730 & reversal from this level . Strong buying seen in this stock in last week & we may expect that it will be continue in next week . Our recommendation is to Buy stock future in the range 840-845 Target 860/890 Sl below 820.Stock is trading above its 50 & 100 DEMA .

INFOSYS — Stock is taking a support of trendline on weekly chart & also forming a Cup & Handle . Quarterly result of company is on April 12,2019. Our recommendation is to Buy Infosys 750 Target 755/760 maintain Sl below 740. Market expectation from company is high on revenue front as we compare with its peers like TCS , HCL Tech .

MACRO NEWS 2. DABUR[FUTURE]



Oil prices were firm on Friday, supported by ongoing supply cuts led by producer club OPEC and by US sanctions on petroleum exporters Iran and Venezuela.

International Brent crude oil futures were at USD 71.01 per barrel at 0042 GMT, up 18 cents, or 0.3 percent, from their last close. US West Texas Intermediate (WTI) crude futures were at USD 63.78 per barrel, up 20 cents, or 0.3 percent, from their previous settlement.



The Reserve Bank of India on Thursday said reinsurance brokers have been permitted to open non -interest bearing foreign currency accounts with banks for undertaking transactions.Earlier, the Insurance Regulatory and Development Authority of India (Irdai) had issued notification in this regard. Following the Irdai's notification, the extant regulations regarding opening of foreign currency accounts were reviewed.



Brokerages largely expect TCS to report revenue growth of around 2.5 percent in dollar terms due to cross-currency tailwinds. Constant currency terms revenue growth is expected to be around 2 percent, sequentially.

DABUR — On weekly chart stock is taken a support of trendline & forming a green candle & in last week seen that fresh buying in FMCG stock . Our view on the technical basis is to buy stock future in range 400-405 Target 420-440 Sl below 380 . Stock is moving above all its important moving averages like 100 & 200 DEMA.

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Special Report 15 –APR -2019

STOCKS IN NEWS

MOST ACTIVE CALL OPTION Symbol

Optio Strike n Price Type

LTP

Traded Volume (Contracts)

Open Interest

BANKNIFTY

CE

30,000 176.7

4,28,551

4,90,980

BANKNIFTY

CE

30,200

BANKNIFTY

CE

30,100 129.35

TCS

CE

2,100 21.85

MARUTI

CE

7,500

RELIANCE

CE

1,360 24.65

RELIANCE

CE

1,400

11.6

RELIANCE

CE

1,420

7.25

97

80.4

MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST

Info Edge: Company has invested through its whollyowned subsidiary Rs 6 crore in Bizcrum Infotech Private Ltd.

Avenue Supermarts: Company raised Rs 50 crore via 2,97,980 commercial papers.

2,59,791 2,21,660 Ashok Leyland: Promoter pledged 1.33 percent stake in 8,241 15,73,000 the company.

6,580 1,49,325 6,085 15,93,000 NIFTY FUTURE NIFTY -On weekly chart Nifty close with green candle,during this week nifty was traded in a 5,712 27,65,000 brode range of 235 points. first phase of election April 5,106 14,66,500 17,2019 . In last week FII infuse more than 6000 cr & selling by DII in cash Rs 435 cr, which was less as we 5,823 2,83,500 compare to last week data . AfterOn Nifty we may Traded Open expect new all time high will see before starting analysis Volume Interest of data suggest that 11500-11600 work as support & OI (Contracts) addtion seen in 11700-11800 works as resistance . Our 3,28,562 3,83,940 recommendation is to Buy Nifty 50 in the range 114502,73,298 3,39,340 11500 Target 11550/11600 SL below 11350.

3,49,074

Symbol

Optio Strike n Price Type

LTP

BANKNIFTY

PE

29,500

49.7

BANKNIFTY

PE

29,700

93

NIFTY

PE

11,600

36.2

2,33,375

16,26,300

RELIANCE

PE

1,340

24.8

5,281

7,22,500

TCS

PE

2,000

35

5,131

9,74,500

TCS

PE

1,900

8.5

4,214

6,19,500

RELIANCE

PE

1,320

16.7

3,436

9,26,000

RELIANCE

PE

1,300

10.6

3,388

10,14,000

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

36728

2610.68

35715

2582.26

226534

18063.06

28.4219

INDEX OPTIONS

4488516

286140.19

4441124

282895.67

851231

67373.58

3244.5219

STOCK FUTURES

159954

9778.43

171983

10523.16

1378680

88811.33

-744.7284

STOCK OPTIONS

91404

5715.93

91553

5730.53

113229

7111.05

-14.6019 2513.6135

INDICES

R2

R1

PIVOT

S1

S2

NIFTY

11705

11674

11626

11595

11548

BANKNIFTY

30176

30057

29882

29763

29588

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Special Report 15 –APR -2019

RECOMMENDATIONS GOLD TRADING STRATEGY: GOLD BUY ABOVE 32155 Target 32200/32250 Sl 32050 GOLD SELL BELOW 32000 Target 31950/31900 Sl 32100

SILVER TRADING STRATEGY: Silver Buy Above 38500 Target 38500/38600 Sl 38400 Silver Sell Below 38450 Target 38400/38300 Sl 38550

COMMODITY ROUNDUP Asia's naphtha crack climbed for a second session on Thursday to $50.33 a tonne, while gasoline margin surged to more than a seven-month high of $8.81 a barrel on demand that resulted in a drawdown of stocks across regions.INVENTORIES: Singapore light distillates inventories, comprising mostly gasoline and blending components for petrol, dropped 7.2 percent or 1.144 million barrels to reach 14.734 million barrels in the week ended April 10, official data showed. O/SING1.This mirrored the fall in inventories in the United States where its gasoline stock levels dived 7.7 million barrels last week, Energy Information Administration (EIA) data. This was sharply lower versus expectations of a 2 million barrel drop in a Reuters poll of analysts. OTHER NEWS: BP (LON:BP) is the last of the international oil majors, including Royal Dutch Shell (LON:RDSa), Exxon Mobil (NYSE:XOM), ConocoPhillips (NYSE:COP) and ENI (MI:ENI), to quit exploring for shale gas in China because of poor drilling results. Its departure leaves the sector firmly in the hands of domestic companies.

Gold eased on Thursday as investors booked some profit from the metal's strong run this week, but bullion held near a two-week peak supported by concerns over an economic slowdown, as major central banks retained a dovish policy stance.Spot gold XAU= was down 0.2 percent at $1,304.63 per ounce by 1011 GMT. It touched its highest since March 28 at $1,310.50 on Wednesday.U.S. gold futures GCv1 were about 0.4 percent lower at $1,308.50 an ounce. Spot prices have rebounded from a near 10-week low touched last week at $1,280.59.Gold is being pressured by some profittaking following the past week's gains, especially with the climb above $1,300, OANDA senior market analyst Craig Erlam said.Rising U.S. crude stocks dragged oil lower on Thursday but prices continued to find a floor as OPEC-led cuts and freefalling Venezuelan output tightened global supplies.International benchmark Brent futures LCOc1 were at $71.23 a barrel at 0942 GMT, down 50 cents from their last close.U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were down 54 cents at $64.07 per barrel.U.S. crude inventories C-STK-T-EIA surged by 7 million barrels to a 17-month high of 456.6 million barrels last week, the Energy Information Administration said on Wednesday. crude oil production C-OUT-T-EIA remained at a record 12.2 million barrels per day (bpd), making the United States the world's biggest oil producer ahead of Russia and Saudi Arabia.

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Special Report 15 –APR -2019

RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM APR ABOVE 9025 TGT 9055/9115/9165 SL BELOW 8975 SELL GUARGUM APR BELOW 8881 TGT 8851/8791/8741 SL ABOVE 8931

DHANIYA TRADING STRATEGY: BUY DHANIYA APRIL ABOVE 7247 TGT 7262/7322/7392 SL BELOW 7217 SELL DHANIYA APRIL BELOW 7105 TGT 7090/7030/6960 SL ABOVE 7135

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

India was a net importer of steel during the 2018/19 fiscal year, the first time in three years, as the country lost market share among its traditional steel buyers and imports jumped on demand for higher-quality steel domestically.The country's finished steel exports fell by 34 percent in the fiscal year that ended in March to 6.36 million tonnes, according to preliminary government data given to Reuters on Friday. During the same period, finished steel imports rose 4.7 percent to 7.84 million tonnes.India's exports during the fiscal year declined after rival steelmakers in China, Japan, South Korea and Indonesia, blocked from markets in the United States and Europe by tariffs and other protectionist measures, ate away at the country's markets in the Middle East and Africa, according to an Indian government official with close knowledge of the matter.Imports from the four Asian countries also climbed as they diverted supply into India, the source said.Imports of value-added steel, primarily for the auto sector and high-end electrical steel were the biggest source of imports, the source said.

Worries over El Nino conditions have eased and there are indications of another year of robust monsoon rains, according to the latest assessment by the country’s weather office.Officials in the India Meteorological Department said El Nino conditions have weakened considerably and the assessment is that this is unlikely to pose any threat to the southwest monsoon which waters over half of India’s farmland.“The El Nino conditions appear to have weakened considerably. It is unlikely to last long and we don’t think it will have any major impact,” said an IMD official on condition of anonymity. He said the weather patterns over the Pacific Ocean though have to be under watch for some time.summer.

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Special Report 15 –APR -2019

RBI Reference Rate Currency Rupee- $ Euro

Rate Currency

Rate

69.3350 Yen

62.4725

78.4 GBP

90.93

USD/INR TRADING STRATEGY: USD/INR BUY USDINR ABOVE 69.35 TGT 69.45/69.55 SL BELOW 69.2 SELL USDINR BELOW 69.2 TGT 69.1/69 SL ABOVE 69.35

GBP/IN TRADING STRATEGY: BUY GBPINR ABOVE 91 TGT 91.2/91.5 SL BELOW 90.9 SELL GBPINR BELOW 90.8 TGT 90.7/90.6 SL ABOVE 91

The euro gained on Friday in a move dealers said may have be driven by anticipated currency demand arising from a Japanese bank's plans to purchase a German multi-billion dollar aviation finance business.The jump in the common currency occurred late in Friday's Asia session and saw the euro rise to a 2-1/2-week high.Markets are often quiet in the hours before European trade opens and thin liquidity has in recent months caused sudden jolts or "flash crashes" in major currencies including the Swiss franc. the heavilytraded euro-dollar currency pair, with a daily turnover of over $1 trillion, has recently traded in a narrow range at a time when volatility in foreign exchange markets is at a multi-year low, said Elisabeth Andreae, an FX strategist at Commerzbank (DE:CBKG)."It is remarkable that particularly in this market environment we see jumps even in EUR-USD typically during Asian trading times. This morning we saw a move from $1.1260 to $1.1290 in one fell swoop," she said.

The euro was slightly higher against the dollar and pound in early trade in Europe on Friday, supported by signs of an economic rebound in China and reports of buying related to a big cross-border acquisition, while sterling continues to slip amid the prospect of more months of Brexit-related uncertainty.Reuters reported speculative buying of the euro ahead of the completion of Mitsubishi UFJ’s acquisition of the aviation business of Germany’s DZ Bank, a deal that will cost over 5.3 billion euros ($5.9 billion).The dollar index, which measures the greenback against a basket of six major currencies, was down 0.1% at 96.675, despite rising against the yen on the back of better -than-expected jobless claims and producer price inflation data on Thursday.Risk sentiment received another modest fillip from a mixed set of Chinese trade data for March, which showed a sharp rebound in exports, which rose over 14% on the year, well above forecasts for a 7.3% increase.Closer to home, sentiment toward the euro has been subdued in the wake of another dovish press conference from the European Central Bank, but it has still risen against sterling, which has suffered in the wake of the EU’s decision to extend the deadline for Brexit to the end of October.

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Special Report 15 –APR -2019

Date

Commodity/ Currency Pairs

11/04/19

NCDEX DHANIYA

APR

BUY

7189

11/04/19

NCDEX DHANIYA

APR

Sell

11/04/19

NCDEX GUARGUM5

APR

11/04/19

NCDEX GUARGUM5

11/04/19

Contract Strategy

Entry Level

Stop Loss

Remark

7204/7264/7334

7159

TARGET HIT

6965

6950/6890/6820

6995

NOT EXECUTED

BUY

9050

9080/9140/9190

9000

NOT EXECUTED

APR

SELL

8909

8879/8819/8769

8905

TARGET HIT

MCX GOLD

JUN

BUY

32155

32200/32250

32050

SL HIT

11/04/19

MCX GOLD

JUN

SELL

32000

31950/31900

32100

NOT EXECUTED

11/04/19

MCX SILVER

JUL

BUY

38500

38550/38600

38400

TARGET

11/04/19

MCX SILVER

JUL

SELL

38450

38400/38300

38550

TARGET

Entry Level

Target

Stop Loss

Remark

Target

Date

Scrip

CASH/ FUTURE/ Strategy OPTION

11/04/19

NIFTY

FUTURE

BUY

11700-11750

11800/11900

10900

11/04/19

HAVELLS

FUTURE

BUY

767

770/775

764

SL HIT

11/04/19

PVR

FUTURE

BUY

1698

1706/1720

1690

TARGET

11/04/19

INFY

CASH

BUY

760-762

770/780

750

OPEN

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Special Report 15 –APR -2019

NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)

PE RI ACTUAL OD

REPORT

FORECAST PREVIOUS

THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, APRIL 15 8:30 am

Empire state index

Ap ril

3.7

TUESDAY, APRIL 16 9:15 am

Industrial production

Ma rch

0.0%

9:15 am

Capacity utilization

Ma rch

79.1%

10 am

Home builders' index

Ap ril

62

WEDNESDAY, APRIL 17 8:30 am

Trade deficit* (new date)

Fe b.

-$51.1bln

10 am

Wholesale inventories* (new date)

Fe b.

1.2%

2 pm

Beige book

THURSDAY, APRIL 18 8:30 am 9:45 am

4/ 13

Weekly jobless claims Markit manufacturing index flash

8:30 am MarkitRetail sales* (new date) 9:45 am services index flash

Nov. Nov.

Ma-rch--

--

-55.7 54.8

-0.2%

8:30 am

Retail sales ex-autos* (new date)

Ma rch

-0.4%

8:30 am

Philly Fed index

Ap ril

13.7

10 am

Business inventories* (new date)

Fe b.

0.8%

10 am

Leading indicators

Ma rch

0.2%

FRIDAY, APRIL 19 8:30 am

Housing starts* (new date)

Ma rch

1.162mln

8;30 am

Building permits* (new date)

Ma rch

1.291mln

*DELAYED BY GOVERNMENT SHUTDOWN _____________________________________________________________________________________________________________________

Special Report 15 –APR -2019

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Sachi n Yada v

Digitally signed

by Sachin Yadav DN: cn=Sachin Yadav c=IN o=Personal Reason: I am the author of this document Location: Date: 2019-04-15 09:20+05:30

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