Special Report
17-Dec-2018
Global markets at a glance
World Indices
Wall Street's three major indexes tumbled on Friday and the Dow confirmed a correction as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson shares were the biggest drag after Reuters reported the company knew for decades that its Baby Powder contained asbestos.Asian share markets started the week on a cautious footing on Monday after weak economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the impact of international trade frictions on business and profits.
Index
Value
% Change
DJI
24443
-0.52
2650
-0.020
NASDAQ
6910.66
-2.26
FTSE100
6845.17
-0.47
21374 26094
-2.02 -1.92
MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed while Japan’s Nikkei was up 0.1 percent in early trade. US stock futures were also almost flat.Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 36.5 points or 0.34 percent. Nifty futures were trading around 10,867-level on the Singaporean Exchange. PREVIOUS DAY ROUNDOFF Indian equities ended the trade on a lackluster note with major indices such as the Nifty & Bank Nifty posting marginal gains of ~0.13%/0.04%. The indices managed to extend the gains for the fourth consecutive session. PSU stocks such as BPCL, IOC, and ONGC were among the outperformers, gaining 3%, 3%, and 2%, respectively, at the close. Nifty Pharma was the worst performing index, shedding ~1% at the close. . The market breadth ended in the favor of advances with the advance/decline ratio closing at 3:2x.Tracking the derivative data points, Nifty and Bank Nifty Futures witnessed a marginal rise in open interest indicating a buildup of fresh long positions. On the options front, across the board, short vega positions were created in both Nifty & Bank Nifty options as the indices traded in a narrow range throughout the day. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+0.83pts], Consumption[+0.45pts],PSE[+1.61pts],CPSE [+1.88pts],Energy[+1.06pts],FMCG[+0.26pts],Auto [+0.19pts],Pharma[ -0.96pts],IT[++0.07pts],Metal[ 0.05pts],Realty[+0.30pts], Fin Serv sector[-0.36pts].
S&P500
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
Bharti Airtel
319.25
16.15
5.33
Yes Bank
180.35
5.65
3.23
BPCL
345.3
10.4
3.11
IOC
141.25
3.85
2.8
ONGC
146.85
3.55
2.48
CMP
Change
% Chg
1,904.10 961.2 293.1 333.1 931.5
-37.95 -16.85 -4.95 -5.55 -12.65
-1.95 -1.72 -1.66 -1.64 -1.34
Top Losers Company
HDFC HCL Tech JSW Steel Wipro Titan Company
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
AAVAS
785.9
18.6
2.37
CGCL
127.3
7.45
5.85
ICICILIQ
1000
0
0
LIQUIDETF
1000
0
0
189.25
22.45
11.86
Prev. Close
Change
%Chg
2
0.1
5
21.3
-1.05
-4.93
1.7 1.3 78.15
0.05 0 2.85
2.94 0 3.65
NRBBEARING
Stocks at 52 Week’s LOW Symbol
ABGSHIP AIFL ALCHEM ANGIND ATLASCYCLE
Indian Indices Company
CMP
Change
% Chg
NIFTY
10805.5
14
+0.13
SENSEX
35962.63
33.29
+0.09
_____________________________________________________________________________________________________________________
Special Report
17-Dec-2018
RECOMMENDATIONS [FUTURE] 1. GAIL (FUTURE ) On Daily chart we have seen that stock near its resistence level, expectation it will broke its resistense level. . Fresh Buying we have seen in last trading session . After analysis of derivative data its indicate that traders view is to buy the stock . Our recommendation is also Buy the stock in the range of 347 target 350/352 Sl 344
STOCK RECOMMENDATION [CASH] GAIL On Daily chart we have seen that stock near its resistence level, expectation it will broke its resistense level. . Fresh Buying we have seen in last trading session . After analysis of derivative data its indicate that traders view is to buy the stock . Our recommendation is also Buy the stock in the range of 347 target 350/352 Sl 344
MACRO NEWS 
US stocks closed up on Wednesday afternoon, though well below their session highs as investors pulled back in the last few minutes of trading despite optimism about US-China trade relations and some reassuring signs in British politics.The Dow Jones Industrial Average rose 157.03 points, or 0.64 percent, to 24,527.27, the S&P 500 gained 14.29 points, or 0.54 percent, to 2,651.07 and the Nasdaq Composite added 66.48 points, or 0.95 percent, to 7,098.31.Asian shares and the pound moved higher on Thursday as investors breathed a sigh of relief after British Prime Minister Theresa May survived a no-confidence vote, and as China appeared to be taking more steps to meet US demands to open its marketsCountry's third largest software company HCL Technologies and NBFC major Bajaj Finance will be included in the 30share BSE Sensex effective December 24, 2018.Wipro and Adani Ports will be excluded from the index on the same day.

India's retail inflation eased to 2.3 percent in November, according to data released by the government on December 12. It stood at 4.88 percent in November last year and was 3.31 percent in October.Led by deflation in food items, softening crude oil prices and relatively stable domestic currency, the central bank kept key policy rates unchanged last week.
2. BHARAT FORG [FUTURE] On Daily chart we have seen that stock close above its pivot resistense level . Fresh buying we have seen in last trading session . After analysis of derivative data its indicate that traders view is to buy the stock . Our recommendation is also buy the stock in the range of 520 target 530/535 Sl 510
_____________________________________________________________________________________________________________________
Special Report
17-Dec-2018
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
BANKNIFTY
CE
27,000 124.5
3,74,199
5,02,320
BANKNIFTY
CE
27,200
70.5
2,75,503
BANKNIFTY
CE
27,100
95
2,14,518
RELIANCE
CE
1,140
13.2
8,232
RELIANCE
CE
1,120 20.25
7,460
YESBANK
CE
180
10.5
7,193
MARUTI
CE
8,000
36.5
6,409
YESBANK
CE
200
3.6
6,404
MARUTIACTIVE PUT CE OPTION 9,000 111.5 5,823 MOST Symbol
Traded Volume (Contracts)
Indian Oil Corporation: Board approved the buyback of up to 29.7 crore shares at Rs 149 per share and declared an interim dividend of Rs 6.75 per equity share.
Lupin: Company received tentative US FDA approval for 3,04,520 Dimethyl Fumarate Delayed release capsules, 120 mg 2,05,860 and 240 mg, which are indicated for the treatment of patients with relapsing forms of multiple sclerosis. 17,95,500 12,46,000 NIFTY FUTURE In last trading session we have seen the 82,44,250 Buying pressure in the market. It form green bullish candle on daily chart . We expect that upcoming week 2,74,200 from trading prospective is very volatile due to election 89,37,250 result proposed. Our view on market is bearish ,our recommendation is to sell the nifty future in the range of 2,83,500 10820 Target 10800/10780/10750 .Sell on rise strategy Open follow for trading & positional purpose.
Optio Strike n Price Type
LTP
BANKNIFTY
PE
26,500
84.1
3,65,908
6,01,340
BANKNIFTY
PE
26,600 112.85
2,19,372
2,95,920
BANKNIFTY
PE
26,400
63.5
2,17,697
3,39,980
RELIANCE
PE
1,100 17.75
6,272
7,15,500
YESBANK
PE
170
5.65
5,657
26,82,750
RELIANCE
PE
1,060
6.85
5,323
8,25,500
RELIANCE
PE
1,080
11
4,612
7,91,500
YESBANK
PE
160
3.15
3,767
31,81,500
Interest
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
34500
2394.79
30216
2145.64
353354
27268.61
249.1484
INDEX OPTIONS
985716
59260.18
973549
58726.61
862622
63992.47
533.5698
STOCK FUTURES
227853
12352.16
220326
11994.97
1479477
85851.84
357.1883
STOCK OPTIONS
124485
6963.96
122027
6820.90
153231
8576.84
143.0563 1282.9628
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10882
10836
10793
10747
10704
BANKNIFTY
27058
27540
26335
25657
24451
_____________________________________________________________________________________________________________________
Special Report
17-Dec-2018
RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 31750 TGT 31800/31875 SL BELOW 31650 SELL GOLD BELOW 31500 TGT 31420/31375 SL ABOVE 31700
COMMODITY ROUNDUP Crude prices were lower on Friday, as the Organization of the Petroleum Exporting Countries (OPEC) struggled to come up with an agreement on cutting oil production.West Texas Crude oil futures for January slumped 0.50% to $51.23 a barrel as of 4:54 AM ET (9:54 GMT), after falling nearly 3% on Thursday. Meanwhile Brent crudefutures, the benchmark for oil prices outside the U.S., dipped 0.45% to $59.78.The Thursday session of the OPEC meeting in Vienna ended without any decision on cutting oil supply, as Iran seeks an exemption from any cuts due to U.S. sanctions which have already weighed on its exports. Saudi Arabia’s oil minister Khalid Al Falih said on Friday that he is not confident a deal will be reached.Oil is down 30% since October amid worry over increased supply as global demand slows.Oil output from the world's biggest producers - OPEC, Russia and the United States - has increased by 3.3 million barrels per day (bpd) since the end of 2017, to 56.38 million bpd, meeting almost 60 percent of global consumption.
SILVER TRADING STRATEGY: BUY SILVER ABOVE 38600 TGT 38675/38750 SL BELOW 38420 SELL SILVER BELOW 38400 TGT 38320/38260 SL ABOVE 38550
Pan Pacific Copper (PPC), Japan's top copper smelter, expects the price of the industrial metal to rise toward $7,000 a tonne in 2019, from about $6,168 now, backed by firm global demand and tighter supply, its executive said.PPC, which is also a miner controlled by JXTG Holdings 5020.T , expects global consumption and supply of refined copper to each increase by 2.2 percent in 2019 from this year, Takeshi Suwabe, Pan Pacific's general manager for marketing, told Reuters this week. "With support from physical buyers, copper prices are likely to try $6,400 level in the short term," he said.Three-month copper CMCU3 on the London Metal Exchange has fallen 15 percent this year amid worries that the months-long U.S.Sino trade war may hurt the global economy including China.But Suwabe said global copper sales have been solid despite the trade spat and the price will likely climb toward $7,000 - the level needed for miners to start developing new mines - in the latter part of 2019 to reflect a tighter market Russian energy minister Alexander Novak returned to Vienna on Friday after discussing OPEC with Russian President Vladimir Putin in Moscow. said on Friday Russia would seek an agreement with OPEC and non-OPEC producers and a Russian Energy Ministry source said.
_____________________________________________________________________________________________________________________
Special Report
17-Dec-2018
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM JAN ABOVE 8910 TARGET 8925/8940/8970 SL 8850 SELL GUARGUM ABOVE JAN 8850 TARGET 8835/8820/8790 SL 8910
NCDEX INDICES Index
Value
% Change
Barley Castor Seed Chana Coriander Cotton Seed Oilcake Guar Seed 10 MT
1830 5388 4544 6664 1923.5 4392.5
0.27 0.15 0.35 -2.76 -1.12 -0.42
Jeera
18235
0.49
4099 3373 6150
-0.32 -0.03 2.44
Mustardseed Soy Bean Turmeric
DHANIYA TRADING STRATEGY: BUY DHANIYA JAN ABOVE 6650 TARGET 6665/6680/6700 SL 6490 SELL DHANIYA JAN ABOVE 6610 TARGET 6595/6580/6560 SL 6670
Jeera prices rose 1.21 percent to Rs 18,895 per quintal in futures trade on December 7 as speculators created fresh positions, driven by pick-up in demand from stockists and overseas enquiries.Tight stocks position following restricted arrivals from the growing regions fuelled the uptrend. At the National Commodity and Derivatives Exchange, jeera for delivery in January rose by Rs 225, or 1.21 per cent, to Rs 18,895 per quintal, with an open interest of 3,114 lots. Coriander prices fell 0.02 per cent to Rs 6,503 a quintal in futures market on december 7 as participants cut down positions amid muted domestic as well as exports demand against ample stocks position.Besides, rising arrivals from major producing belts and profit-booking at higher levels weighed on the sentiment.At the National Commodity and Derivatives Exchange, coriander prices for delivery in Jauary declined by Rs 1, or 0.02 per cent, to Rs 6,503 per quintal with an open interest of 28,460 lots. Chana prices declined 0.24 per cent to Rs 4,622 per quintal in futures trade on December 7 as speculators reduced exposure amid subdued demand at the spot market against adequate stocks position.At the National Commodity and Derivatives Exchange, chana for delivery in December fell by Rs 11, or 0.24 per cent, to Rs 4,622 per quintal, with an open interest of 29,390 lots.imilarly, the commodity for delivery in February declined by Rs 25, or 0.54 per cent, to Rs 4,645 per quintal in 9,250 lots. Marketmen said trimming of positions by traders on the back of easing demand in the physical market against adequate stocks position mainly influenced chana prices at futures trade.
_____________________________________________________________________________________________________________________
Special Report
17-Dec-2018
RBI Reference Rate Currency
Rate Currency
Rate
Rupee- $
72.3950 Yen
63.7250
Euro
81.8675 GBP
90.5558
USD/INR TRADING STRATEGY: USD/INR BUY USDINR NOV ABOVE 72.20 TGT 70.3 70.35 SL 72 SELL USDINR NOV BELOW 72.10 TGT 72 71.9 SL 72.3
GBP/INR TRADING STRATEGY: BUY GBPINR NOV ABOVE 90.6 TGT 90.7 90.8 SL 90.4 SELL GBPINR NOV BELOW 90.4 TGT 90.3 90.2 SL 90.6
The Indian rupee is trading higher by 35 paise at 70.55 per dollar on Friday versus previous close 70.90 per dollar. Rupee weakened sharply against the US dollar ahead of the important OPEC meeting that was scheduled last evening. In the second half of the session rupee rose after oil prices came under pressure following OPEC’s decision to delay a final decision on output cuts, awaiting support from non-OPEC heavyweight Russia. The declines came after crude slumped by almost 3% ending a meeting without announcing a decision to cut crude supply, instead preparing to debate the matter today, said Motilal Oswal. Indian bonds rose to over 8-month highs as rate hike fears faded after the central bank promised to keep buying government bonds to infuse liquidity, and also mentioned the probability of changing its rate stance if inflation risks do not mature. The 10-year benchmark bond yield fell to as low as 7.38 per cent, its lowest since April 11 and compared with its previous close of 7.44 per cent. The Indian rupee was weaker at 70.89 to the dollar tracking Asian peers, compared with 70.46 on Wednesday. Most Asian currencies fell on concerns over slowing global growth and a lack of resolution in the China-US trade war. India's central bank kept interest rates unchanged on Wednesday, in a decision that was widely expected as inflation has eased significantly, while it took steps to persuade banks to lend more in order to support an economy that has lost some momentum. India's central bank kept interest rates unchanged on Wednesday, in a decision that was widely expected as inflation has eased significantly, while it took steps to persuade banks to lend more in order to support an economy that has lost some momentum. The monetary policy committee (MPC) kept the repo rate unchanged at 6.50 percent on Wednesday as predicted by 64 of 70 analysts in a Reuters poll. The central bank also retained its "calibrated tightening" stance as expected.
_____________________________________________________________________________________________________________________
Special Report
17-Dec-2018
Date
Commodity/ Currency Pairs
14/12/18
NCDEX DHANIYA
JAN
BUY
6650
14/12/18
NCDEX DHANIYA
JAN
Sell
14/12/18
NCDEX GUARGUM5
JAN
14/12/18
NCDEX GUARGUM5
14/12/18
Contract Strategy
Entry Level
Stop Loss
Remark
6665/6680/67 00
6490
NOT EXECUTED
6610
6595/6575/65 60
6670
NOT EXECUTED
BUY
8910
8925/8940/89 70
8850
TARGET HIT
JAN
SELL
8850
8835/8820/87 90
8910
NOT EXECUTED
MCX GOLD
JAN
BUY
31750
31800/31875
31650
NOT EXECUTED
14/12/18
MCX GOLD
JAN
SELL
31500
31420/31375
31700
NOT EXECUTED
14/12/18
MCX SILVER
MAR
BUY
38600
38675/38750
38420
NOT EXECUTED
14/12/18
MCX SILVER
MAR
SELL
38400
38320/38260
38200
NOT EXECUTED
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
14/12/18
NIFTY
FUTURE
SELL
10820
10800/10780/ 10750
10920
TARGET HIT
14/12/18
Gail
FUTURE
BUY
347
350/352
344
OPEN
14/12/18
BHARAT FORG
FUTURE
BUY
520
530/535
510
SL HIT
14/12/18
DCB
CASH
SELL
157
158/159
154
TARGET HIT
_____________________________________________________________________________________________________________________
Special Report
17-Dec-2018
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)
REPORT
PERIOD
ACTUAL
FORECAST
PREVIO US
MONDAY, DEC. 3 9:45 am
Markit manufacturing PMI
Nov.
--
55.4
10 am
Construction spending
Oct.
0.3%
0.0%
TUESDAY, DEC. 4
TUESDAY, DEC. 4
TUESDAY, TUESDAY, DEC. 4 DEC. 4
TUESDA TUESDAY, DEC. Y, DEC. 4 4
WEDNESD AY, DEC. 5
WEDNESDAY, DEC. 5
WEDNESD WEDNESDAY, WEDNESDAY, DEC. 5 AY, DEC. 5 DEC. 5
WEDNE SDAY, DEC. 5
8:15 am
ADP employment
Nov.
---
227,000
8:30 am
Productivity
Q3
2.3%
2.2%
9:45 am
Markit services PMI
Nov.
--
55.4
10 am
ISM nonmanufacturing index
Nov.
59.8%
60.3%
--
--
--
-THURSD AY, DEC. 6
10 am
Varies
8:30 am
10 am
9:45 am
9:45 am 2 pm
Quarterly services survey
Markit manufacturing index flash
Nov.
Markit Beigeservices book index flash
Nov.
Q3
--
55.7
--
54.8
THURSDAY THURSDAY, DEC. 6 , DEC. 6
THURSDA THURSDAY, DEC. 6 Y, DEC. 6
THURSDAY, DEC. 6
8:30 am
12/1
225,000
Weekly jobless claims
234,000
8:30 am 10 am
The
Factory orders
Oct.
-2.0%
0.7%
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
_____________________________________________________________________________________________________________________