Special Report
16–JAN-2019
Global markets at a glance Major world stock markets climbed on Tuesday on hopes of more stimulus for China’s economy, while sterling rebounded from the day’s lows after British lawmakers defeated Prime Minister Theresa May’s deal on withdrawing from the European Union. The Dow Jones Industrial Average rose 155.75 points, or 0.65 percent, to 24,065.59, the S&P 500 gained 27.69 points, or 1.07 percent, to 2,610.3 and the Nasdaq Composite added 117.92 points, or 1.71 percent, to 7,023.83.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 took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime Minister Theresa May’s deal to pull out Britain from the European Union. MSCI’s broadest index of Asia-Pacific shares outside Japan was off a touch, having swung up on Tuesday after Chinese officials came out in force to signal more measures to stabilise a slowing economy. The China hopes also helped boost Wall Street overnight, though the early session in Asia saw investors tread cautiously. PREVIOUS DAY ROUNDOFF It’s a strong close for the market, with the Nifty ending just short of 10,900. All sectoral indices ended in the green, with maximum gains visible among IT and energy names, while metals and banks, too, closed with sharp gains. At the close of market hours, the Sensex was up 464.77 points or 1.30% at 36318.33, while the Nifty was higher by 149.20 points or 1.39% at 10886.80. The market breadth was positive as 1548 shares advanced, against a decline of 996 shares, while 166 shares were unchanged.Yes Bank, Infosys, and Wipro were the top gainers, while Maruti Suzuki, Power Grid, and ICICI Bank lost the most. 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
24034
+0.21
S&P500
2610
+1.07
NASDAQ
7023
+1.71
FTSE100
6895
+0.58
20440 26775
-0.56 -0.20
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
Wipro
329.8
17.25
5.52
203
7.65
3.92
706.25
26.4
3.88
726.6
24.7
3.52
241.55
7.6
3.25
CMP
Change
% Chg
7,355.15 372.75 279.75 324.55 192.45
-53.55 -0.6 -0.35 -0.35 -0.05
-0.72 -0.16 -0.12 -0.11 -0.03
Yes Bank Tech Mahindra Infosys HPCL
Top Losers Company
Maruti Suzuki ICICI Bank Bharti Infratel GAIL Power Grid Corp
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
10886
+149..2
+1.39
SENSEX
36318
+464.77
+1.30
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Special Report
16–JAN-2019
RECOMMENDATIONS [FUTURE]
STOCK RECOMMENDATION [CASH]
1. TITAN [FUTURE ] In Titan on daily chart as well as weekly we have seen the breakout & also asending triangle breakout .In last two trading session strong buying force by trader . Derivative data also suggest that traders are bullish on this .Our recommendation is Buy in range 975 Target 980/985 SL 965
REPCOHOME 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
2. SIEMENS [FUTURE]
MACRO NEWS
Stock siemens near to its resistense level 1075. If resistense level breakout we get then we expect move of 100-150 points in up side . In last week we have seen that stock is traded in a particular range . Derivative data also suggest that traders are bullish on this stock .Our recommendation is to buy the stock in the range of 1076 Target 1082/1087 Sl 1063 .
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.
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Special Report
16–JAN-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
BANKNIFTY
CE
27,500 107.95
6,26,009
7,65,220
BANKNIFTY
CE
27,600
70.7
4,91,088
BANKNIFTY
CE
27,400 157.45
3,85,114
RELIANCE
CE
1,140 25.65
13,654
TCS
CE
1,900 22.95
RELIANCE
CE
1,120
RELIANCE
CE
1,160 17.15
YESBANK
CE
200 12.25
36.5
MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST Symbol
Optio Strike n Price Type
BANKNIFTY
MCX Q3: Consolidated profit jumps to Rs 41.99 crore versus Rs 18.77 crore; revenue increases to Rs 76.93 crore versus Rs 62.81 crore YoY
Den Networks Q3: Loss at Rs 31.21 crore versus profit at 6,10,040 Rs 1.73 crore; revenue dips to Rs 308.4 crore versus Rs 3,42,080 328.2 crore YoY. 16,69,000
NIFTY FUTURE Nifty followed global market and started 12,67,000 with gap up but today IT and share made pressure in 10,950 10,83,000 market due to that whole day Nifty traded in sideways and in last one hour it loosed almost fifty per cent gains 10,162 15,23,000 in intraday. On daily chart it created bearish candle since 9,020 52,41,250 Nifty forming Open Broadening pattern so we it will be buy in decline around 10850 with stop loss o 10770 for 5,823 2,83,500 the target of 10920/10970. 11,666
LTP
Traded Volume (Contracts)
Open Interest
PE
27,300 73.45
4,67,500
4,68,500
BANKNIFTY
PE
27,200 47.05
4,66,140
6,27,120
BANKNIFTY
PE
27,100 30.35
3,76,297
5,10,800
RELIANCE
PE
1,100
12.8
8,314
9,08,500
RELIANCE
PE
1,080
8
6,069
11,50,000
RELIANCE
PE
1,120
19.4
5,785
5,70,000
TCS
PE
1,800
13.1
4,959
10,49,250
YESBANK
PE
200
8.3
4,512
17,29,000
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
10973
10930
10853
10810
10734
BANKNIFTY
27519
27459
27388
27329
27258
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Special Report
16–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 Silver futures surged 0.27 percent to Rs 36,965 per kg Tuesday after speculators raised bets, driven by a firm trend overseas.Silver for delivery in March traded higher by Rs 105, or 0.27 percent, at Rs 36,965 per kg in a business turnover of 18,023 lots at the Multi Commodity Exchange.In a similar manner, the white metal to be delivered in May, too, rose by Rs 167, or 0.42 percent, to Rs 40,223 per kg in 2,230 lots.Analysts said widening of positions by traders in sync with a firm trend on global markets for precious metals, influenced silver prices at futures trade here.Oil prices rose on Tuesday amid supply cuts by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand. Brent crude oil futures LCOc1 were at $59.47 per barrel at 0950 GMT, up 48 cents, or 0.81 percent, from their last close.U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $50.92 per barrel, also up 0.81 percent, or 41 cents."OPEC-led cuts and declining U.S. rig counts have bolstered market sentiment in the new year," Singapore-based brokerage Phillip Futures said.The Middle East-dominated Organization of the Petroleum Exporting Countries and allies including the world's number two producer Russia agreed in late 2018 to cut supply to rein in a global glut.In the United States, the number of rigs looking for new oil production has dropped from a 2018 peak of 888 to a still-high 873 in early 2019. rig data, released on Friday, pointed to a potential dent in production growth which was at more than 2 million barrels per day last year, making the United States the world's top oil producer. COUT-T-EIA .Meanwhile, the United States last November reimposed sanctions against Iran's oil exports. Although Washington granted sanctions waivers to Iran's biggest oil customers, mostly in Asia, the Middle Eastern country's exports have plummeted since. Japan expects to restart oil imports from Iran as early as this month, the Nikkei business daily reported on Tuesday, with some Japanese banks notifying customers they will resume transactions for oil purchases. Korea expects to receive Iranian oil imports in January after a four-month interruption. the demand side, an economic slowdown continues to loom over oil and financial markets.
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Special Report
16–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
16–JAN-2019
RBI Reference Rate Currency
Rate Currency
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
Rate
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.The euro fell on Tuesday after data showed Germany's economy slowed in 2018, underscoring fears about a broader slump in Europe. Europe's largest economy is struggling with a cooling of the global economy and trade disputes driven by U.S. President Donald Trump's policies.
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
An unexpected fall in German industrial output last week weakened the euro and bred concern about a slowdown and the European Central Bank's caution as it tries to wean the region off stimulus. The German economy grew by 1.5 percent in 2018, the weakest rate in five years. after the GDP data was released, the euro dropped to a five-day low of $1.1423. EUR=EBSAnalysts said that while the figures were in line with expectations, the gloomy picture added to growing doubts about whether the ECB will raise interest rates at all in 2019."There are increasing concerns about euro zone economic dynamics, this confirmed those fears and we now expect more caution from the ECB," said Esther Maria Reichelt, an FX analyst with Commerzbank (DE:CBKG)."In the short-run the biggest risk to Europe and the euro is a disorderly Brexit which would come at the most inconvenient time for the German economy," she added.Investors are closely watching sterling with British Prime Minister Theresa May widely expected to lose a vote in parliament later on Tuesday on her Brexit deal."Speculators have been betting a failed vote could lead to a possible delay to Brexit from 29 March to July to allow for fresh elections or a second referendum," Philip Wee, currency strategist at DBS, said in a note.Other analysts expect the pound will take a major beating if May loses the vote by a wide margin since it could push Britain closer to a chaotic exit from the European Union.Sterling GBP=D3 traded down 0.2 percent against the dollar at $1.2848 ahead of the vote but remained close to a 2month high hit on Monday of $1.2930.
_____________________________________________________________________________________________________________________
Special Report
16–JAN-2019
Date
Commodity/ Currency Pairs
15/1/19
NCDEX DHANIYA
JAN
BUY
6020
15/1/19
NCDEX DHANIYA
JAN
Sell
15/1/19
NCDEX GUARGUM5
JAN
15/1/19
NCDEX GUARGUM5
15/1/19
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
15/1/19
MCX GOLD
JAN
SELL
31700
31650 31550
31770
15/1/19
MCX SILVER
MAR
BUY
39460
39600 39800
39260
NOT EXECUTED
15/1/19
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
15/1/19
NIFTY
FUTURE
BUY
10850
10920/10970
10750
OPEN
15/1/19
STAR
FUTURE
BUY
477-480
487/493
468
OPEN
15/1/19
BHARAT FIN
FUTURE
BUY
1010-1012
1020/1030/10 35
995
NOT EXECUTEED
15/1/19
REPOHOME
CASH
BUY
430
435
420
TARGET
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Special Report
16–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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