Special Report
17–JAN-2019
Global markets at a glance 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.Wall Street’s major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment.The Dow Jones Industrial Average rose 141.57 points, or 0.59 percent, to 24,207.16, the S&P 500 gained 5.8 points, or 0.22 percent, to 2,616.1 and the Nasdaq Composite added 10.86 points, or 0.15 percent, to 7,034.69.Asian shares crept higher on Thursday as upbeat bank earnings bolstered Wall Street, while an anti-climactic end to the latest chapter in the Brexit saga gave sterling a moment’s peace.MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent, with Australia and South Korea's KOSPI ahead by 0.2 percent each. Japan's Nikkei climbed 0.3 percent. However, E-Mini futures for the S&P 500 dipped 0.1 percent during early Asian hours.Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 16 points or 0.15 percent. Nifty futures were trading around 10,941-level on the Singaporean Exchange. PREVIOUS DAY ROUNDOFF Indian benchmark indices witnessed a lackluster trading session on Wednesday after a sharp surge in the previous session.Benchmark indices ended absolutely flat, with Nifty ending the day 3 points higher at 10,890 and Bank Nifty closing on a relatively higher note, up 82 points at 27,483. The gains in the Bank Nifty index were led by PSU banking stocks with the Nifty PSU Bank index closing 0.6% higher.Infosys, meanwhile, continued with its strong performance and extended its gains for the second consecutive session before ending the day 1.4% higher at Rs736. Bank Nifty saw an addition of long positions as open interest soared higher with a marginal rise in the underlying price. 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
24102
-0.20
S&P500
2610
+1.07
NASDAQ
7034
+0.15
FTSE100
6862
-0.47
2616 26775
+0.22 -0.20
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
Yes Bank
208.35
5.35
2.64
Indiabulls Hsg
829.6
20.75
2.57
IndusInd Bank
1,526.70
31.5
2.11
Wipro
336.55
6.75
2.05
BPCL
347.25
5.55
1.62
CMP
Change
% Chg
286.45 275.85 2,569.85 196.3 766.1
-5.65 -3.9 -34.35 -2.6 -9.85
-1.93 -1.39 -1.32 -1.31 -1.27
Top Losers Company
JSW Steel Bharti Infratel Bajaj Finance Vedanta UPL
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
NIFTY SENSEX
CMP
10890 36321
Change
+3.50 +2.96
% Chg
+0.04 +0.01
_____________________________________________________________________________________________________________________
Special Report
17–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 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. SBI plans to sell over Rs 15,000 crore worth bad loans belonging to Essar Steel to recover its dues from the debt-laden steel maker."State Bank of India (SBI) invites expression of interest (EoI) from banks/ARCs/ NBFCs/FIs for the proposed sale of its non performing financial asset with total dues of Rs 15,431.44 crore," the bank said in an advertisement.
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Special Report
17–JAN-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
BANKNIFTY
CE
27,600
31.5
8,63,039
8,80,120
BANKNIFTY
CE
27,700
14.8
7,94,158
BANKNIFTY
CE
27,500
64
7,47,502
RELIANCE
CE
1,160
18
11,124
RELIANCE
CE
1,140
26.5
RELIANCE
CE
1,180
11.4
RELIANCE
CE
1,200
6.95
ZEEL
CE
480
4.05
MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST Symbol
Optio Strike n Price Type
BANKNIFTY
Mindtree Q3: Profit falls to Rs 191.2 crore versus Rs 206.3 crore; revenue rises to Rs 1,787.2 crore versus Rs 1,755.4 crore QoQ.
Fortis Healthcare: Company completes the acquisition of 10,66,280 the entire portfolio of Indian assets of RHT Health Trust 8,61,960 (RHT). 16,87,000
NIFTY FUTURE Nifty followed global market and started 18,82,000 with gap up but today IT and share made pressure in 7,393 10,27,500 market due to that whole day Nifty traded in sideways and in last one hour it loosed almost fifty per cent gains 7,000 16,69,500 in intraday. On daily chart it created bearish candle since 6,825 23,27,000 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. 8,909
LTP
Traded Volume (Contracts)
Open Interest
PE
27,400 53.35
7,38,837
6,59,260
BANKNIFTY
PE
27,300
25
6,94,641
8,18,740
BANKNIFTY
PE
27,500
99
6,64,103
5,40,300
RELIANCE
PE
1,100
11.1
6,764
9,67,000
RELIANCE
PE
1,120 17.45
6,401
7,08,000
RELIANCE
PE
1,140
26.5
5,671
5,34,000
YESBANK
PE
200
6
4,137
24,90,250
MARUTI
PE
7,200 91.05
2,775
82,725
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
38463
2990.25
50569
3808.33
478464
37656.73
-818.0797
INDEX OPTIONS
1358150
82558.87
1353102
82193.30
827203
62031.92
365.5662
STOCK FUTURES
188787
11383.20
184977
11212.03
1390806
85380.87
171.1741
STOCK OPTIONS
113896
6811.92
114874
6856.21
164006
9648.46
-44.2911 -325.6305
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10949
10920
10898
10868
10847
BANKNIFTY
27632
27557
27480
27406
27328
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Special Report
17–JAN-2019
RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 32100 TGT 32150/32190 SL BELOW 32000 SELL GOLD BELOW 31900 TGT 31850/31800 SL ABOVE 32020
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 Gold prices edged up on Wednesday in Asia as political uncertainty in the U.K. boosted demand for the safe-haven metal.Gold futures for February delivery on the Comex division of the New York Mercantile Exchange was up 0.2% at $1,290.35 a troy ounce by 12:40 AM ET (05:40 GMT).The gain in gold prices came after U.K. Prime Minister Theresa May’s Brexit plan was voted down by a hefty margin.The House of Commons voted 432 versus 202 against Prime Minister May’s Brexit Deal on Tuesday. Following the defeat, May now faces a confidence vote in Parliament later today.If nothing is approved by March 29, Britain would make a “no-deal” departure from the bloc, which could pose dire economic risks.Meanwhile, in separate appearances, several Federal Reserve officials agreed on Wednesday in Asia that the central bank should halt further rate hikes until it is clear how much the U.S. economic outlook will be held back by “larger risks”, including a slowing Chinese economy and the continuing U.S. government shutdown. Gold regained some positive traction on Wednesday, albeit remained well within a broader trading range held over the past one week or so.Spot prices edged through the Asian session and remained support by the UK political/Brexit uncertainty, which underpinned the precious metal's perceived safe-haven demand. This coupled with dovish Fed expectations, reinforced by comments by various FOMC members, and provided an additional boost to the non-yielding yellow metal. Meanwhile, a weaker tone surrounding the US Dollar extended some additional support to the dollar-denominated commodity, though bulls lacked any strong conviction amid the prevalent risk-on mood. China's stimulus pledge to counter the economic slowdown continued prompting some risk-on trade and turned out to be the only factor keeping a lid on any runaway rally for the commodity. In absence of any major market moving economic releases from the US, the broader market risk-sentiment and the USD price dynamics might continue to act as key determinants of the metal's intraday momentum through Remains supported by dovish Fed expectations and the UK political/Brexit uncertainties. • The uptick remains capped amid the prevalent risk-on mood/ fading safe-haven demand.Gold regained some positive traction on Wednesday, albeit remained well within a broader trading range held over the past one week or so.
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Special Report
17–JAN-2019
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM JAN ABOVE 8600 TARGET 8615/8640/8660 SL 8540 SELL GUARGUM JAN BELOW 8550 TARGET 8535/8520/8490 SL 8610
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
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 India's output of small Cardamom in 2018-19 (Jul-Jun) is likely to fall around 30% from last year's 20,640 tonnes. DHANIYA TRADING STRATEGY: BUY DHANIYA JAN ABOVE 6680 TARGET 6695/6720/6740 SL 6620 SELL DHANIYA JAN BELOW 6650 TARGET 6635/6620/6590 SL 6710
The number is better than initial estimates of a 40-50% fall in production, mainly due to faster-than-projected recovery of the crop after severe rain and floods lashed Kerala in August.Kerala accounts for 85-90% of the country's total Cardamom production, with Tamil Nadu and Karnataka equally contributing the rest.Not just weather adversities, but usage of poor-quality fertilisers is also likely to have hit Cardamom output this year.Prices of Cardamom on the Multi Commodity Exchange of India have been rising due to crop shortage in domestic markets. The most active February contract of the spice hit an eight-year high of 1,639.90 rupees per kg.Malaysia kept its export tax on crude palm oil for February at 0%, industry body Malaysian Palm Oil Board (MPOB) said in a notification.The tax has been at 0% since September.Malaysia, the world's secondlargest producer of palm oil, calculated a palm oil reference price of RM1,904.44 (US$463.48) per tonne for February. Any price above RM2,250 incurs a tax. Exports of Malaysian palm oil products for Jan 1-15 rose 17.0% to 615,565 tonnes from 525,939 tonnes shipped during Dec 1-15, according to cargo surveyor Intertek Testing Services (ITS).
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Special Report
17–JAN-2019
RBI Reference Rate Currency
Rate Currency
Rupee- $
71.24 Yen
65.2825
Euro
81.44 GBP
90.34
USD/INR TRADING STRATEGY: USD/INR BUY USDINR FUTURE ABOVE 71.25 TARGET 71.35 71.45 SL 71 SELL USDINR FUTURE BELOW 70.9 TARGET 70.8 70.7 SL 71.2
GBP/INR TRADING STRATEGY: BUY GBPINR FUTURE ABOVE 91.75 TARGET 91.85 91.95 SL 91.55 SELL GBPINR FUTURE BELOW 91.4 TARGET 91.3 91.2 SL 91.7
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 rupee weakened further by 19 paise on Wednesday to close at 71.24 against the US dollar amid a strengthening greenback and fresh capital outflows.Higher bond yields, which spiked on concerns that the government may overshoot the fiscal deficit target in an election year, too weighed on the domestic unit, forex traders said.The rupee has now lost a hefty 83 paise in four straight sessions.Meanwhile, the pound rallied after British Prime Minister Theresa May's divorce deal to leave the EU was overwhelmingly rejected by MPs, leading to speculation that UK lawmakers may be forced to have a re-look at the entire Brexit process.The rupee opened on a weak note at 71.10 at the interbank forex market and lost further ground to reach an intra-day low of 71.27.However, it pared some losses to finally finish at 71.24 per US dollar, down 19 paise over its previous close of 71.05."Indian rupee depreciated for the fourth day in row amid higher bond yield and expectation of expansionary fiscal policy in coming budget. The rupee was Asia's worst performing major currency in 2018 when it lost 9 per cent versus the dollar, and it's still in the cellar for 2019 so far," said V K Sharma, Head PCG and Capital Markets Strategy, HDFC Securities. The US dollar gained against key currencies overseas, while rise in demand for the greenback from exporters also pressured the domestic unit, traders said.The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 96.06 in late afternoon trade.Easing crude oil prices supported the domestic currency to some extent.Brent crude, the global benchmark, was trading at USD 60.48 per barrel, lower by 0.26 per cent. Meanwhile, after swinging nearly 200 points, the 30-share BSE Sensex index settled just 2.96 points, or 0.01 per cent, higher at 36,321.29. The broader NSE Nifty inched up 3.50 points, or 0.03 per cent, to 10,890.30.
_____________________________________________________________________________________________________________________
Special Report
17–JAN-2019
Date
Commodity/ Currency Pairs
16/1/19
NCDEX DHANIYA
JAN
BUY
6020
16/1/19
NCDEX DHANIYA
JAN
Sell
16/1/19
NCDEX GUARGUM5
JAN
16/1/19
NCDEX GUARGUM5
16/1/19
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
16/1/19
MCX GOLD
JAN
SELL
31700
31650 31550
31770
16/1/19
MCX SILVER
MAR
BUY
39500
39550 39600
39350
TARGET HIT
16/1/19
MCX SILVER
MAR
SELL
39200
39100 39050
39350
NOT EXECUTED
Entry Level
Target
Stop Loss
Remark
Target
NOT EXECUTED
TARGET HIT
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
16/1/19
NIFTY
FUTURE
BUY
10850
10920/10970
10750
NOT EXECUTED
16/1/19
TITAN
FUTURE
BUY
975
980/985
965
NOT EXECUTED
16/1/19
SIEMENS
FUTURE
BUY
1076
1082/1087
1063
NOT EXECUTEED
16/1/19
REPOHOME
CASH
BUY
430
435
420
TARGET
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Special Report
17–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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