Special Report
18-FEB-2019
Global markets at a glance Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. All three major US indexes ended the session higher, and for the fourth straight session, the S&P 500 held above its 200-day moving average, a key technical level.The Dow Jones Industrial Average rose 443.86 points, or 1.74 percent, to 25,883.25, the S&P 500 gained 29.87 points, or 1.09 percent, to 2,775.6 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. Asian share markets firmed on Monday as investors dared to hope for both progress at Sino-US trade talks in Washington this week and more policy stimulus from major central banks.MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.3 percent, partially recovering from a sharp fall last Friday. Japan’s Nikkei climbed 1.6 percent to hit its highest for the year so far, while Australia’s main index rose 0.7 percent. E-Mini futures for the S&P 500 were flat, with trade thinned by a holiday in US markets.
PREVIOUS DAY ROUNDOFF Indian equity markets continued facing selling pressure with the Nifty ending the day in the red for the sixth consecutive session. The Nifty ended the first weekly expiry 47 points lower at 10,746, however, the index recovered from its intraday low of 10,718 and managed to close above its 200-DEMA.Bank Nifty, on the other hand, relatively outperformed ending the session 84 points higher led by Yes Bank which surged 30.5% to Rs221 after news that the RBI found no divergence in asset classification and provisioning for FY18.Nifty Media was the best performing sectoral index ending the session 3.91% higher.Bank Nifty futures witnessed a decline in open interest indicating short covering. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-3.10pts], Consumption[-48.25pts],PSE[+53.20pts],CPSE [+35.10pts],Energy[+283.35pts],FMCG[-142.35pts],Auto[90 .8 pts],P harma[-277.60ts],IT[ -46.05pts],M etal[ 56.55pts],Realty[-0.55pts], Fin Serv sector[-90.85pts].
World Indices Index
Value
% Change
DJI
25924
+0.14
S&P500
2775
+1.09
NASDAQ
7472
+0.09
FTSE100
7236
+0.55
21294 28375
+1.88 +1.70
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
BPCL
327.85
12.2
3.87
NTPC
136.25
5
3.81
Power Grid Corp
181.5
6.55
3.74
Bharti Infratel
306.9
9.7
3.26
317.75
9.8
3.18
CMP
Change
% Chg
266.9 422.9 2,563.35 467.5 147.3
-13.75 -18 -103.9 -15.05 -4.45
-4.9 -4.08 -3.9 -3.12 -2.93
GAIL
Top Losers Company
JSW Steel Sun Pharma Dr Reddys Labs Tata Steel Vedanta
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
221
5.35
2.52
HDFCMFGETF
3,044.00
17.6
0.59
LIQUIDETF
1,000.01
0.02
0
111
-4.05
-3.97
1,990.00
-19.8
-1.01
Prev. Close
Change
%Chg
21STCENMGM
18.4
0.2
1.07
3IINFOTECH
2.65
0.05
1.85
AARVEEDEN ABGSHIP ADHUNIK
20.25 1.45 1.4
-0.55 -0.05 -0.05
-2.56 -3.33 -3.45
ABFRL
SAGARDEEP SKFINDIA
Stocks at 52 Week’s LOW Symbol
Indian Indices Company
CMP
Change
% Chg
NIFTY
10724
-21.6
-0.20
SENSEX
35808
-67.27
-0.19
_____________________________________________________________________________________________________________________
Special Report
18-FEB-2019
RECOMMENDATIONS [FUTURE]
STOCK RECOMMENDATION [CASH]
1. Titan [FUTURE ] TITAN -In Titan on daily chart as well as weekly we have seen that Buying in this stock by traders as well as investors in last week .Reason behind that quarterly result awaited in this week & also from technical aspect stock now moving towards to break its previous highs.Our recommendation is to Buy 1050 stock target will be 1055/1060 SL below 1040
REPCOHOME Stock has given the breakout of the neckline of the double bottom pattern but can not sustain at upper level .we have seen the weakness on chart We recommend sell below 370 for the target of 365/360 with the stop loss of 380
2. KSCL [FUTURE] KSCL— In KSCL we have seen sharp selling in this week , we may expect that it will be continue in upcoming week also. On Technical point of view seen trend line breakdown & also MACRO NEWS stock not able to sustain at upper level. RSI & MACD also indicate downtrend in this stock with strong volume.Our Oil prices rose to their highest levels since November last year on Monday, lifted by OPEC-led supply cuts recommendation is sell stock future in the range of 480 and US sanctions on Iran and Venezuela. US West Target 470/460 Sl 500 Texas Intermediate (WTI) crude oil futures pushed through $56 per barrel for the first time this year, hitting $56.13 a barrel before edging back to $56.02 a barrel by 0112 GMT, still up 0.8 percent from their last settlement.
India's merchandise trade deficit widened to $14.73 billion in January after hitting a 10-month low of $13.08 billion in December, data released by Commerce Ministry showed. The deficit was $15.67 billion in January, 2018.Merchandise exports grew 3.74 percent on year at $26.36 billion, mainly due to growth in textiles, drugs and pharmaceuticals as well as organic and inorganic chemicals.
_____________________________________________________________________________________________________________________
Special Report
18-FEB-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
BANKNIFTY
CE
27,000
109
4,31,553
BANKNIFTY
CE
27,200
51
3,65,376
BANKNIFTY
CE
27,100
75
3,22,349
YESBANK
CE
230
7.2
12,851
YESBANK
CE
220
10.7
12,550
RELIANCE
CE
1,260
23
12,431
RELIANCE
CE
1,280
15.2
11,478
RELIANCE
CE
1,240
33
11,428
MARUTIACTIVE PUT CE OPTION 9,000 111.5 5,823 MOST Symbol
Optio Strike n Price Type
BANKNIFTY
Open Interest
5,30,360 Tata Steel Q3: Profit surges 53 percent YoY to Rs 1,751 crore; India biz revenue up 10 percent 3,51,300 2,97,440 Reliance Industries: RRVL acquired a further stake of 9.44 percent in Genesis Colors for Rs 45 crore 40,98,500 41,89,500 NIFTY FUTURE NIFTY -On daily weekly chart we have 9,19,500 identify that Head & Shoulder pattern is forming at the top . Head & shoulder & for a short term forming 11,98,000 Raising wedge pattern in technical term bearish reversal 6,78,000 pattern .Nifty breach the important level of 11000 in this week ,but closing below 11000 .On technical point of 2,83,500 view still our recommendation is to sell nifty future in Open the range of 10750 Target 10700/10650 SL 11000 Our Interest strategy is to sell on rise .
LTP
Traded Volume (Contracts)
PE
26,500 109.95
4,59,983
3,05,420
BANKNIFTY
PE
26,700
170
2,68,118
2,19,460
BANKNIFTY
PE
26,000
38
2,37,905
3,64,680
YESBANK
PE
200
4.85
10,418
45,74,500
RELIANCE
PE
1,200
9.45
9,261
9,48,000
YESBANK
PE
210
7.9
8,068
19,32,000
RELIANCE
PE
1,220 14.35
6,969
5,08,500
RELIANCE
PE
1,180
6,438
6,60,000
6.35
Bharti Airtel: Airtel Kenya Signs an agreement with Telkom Kenya to combine operations.
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
27607
1953.81
73094
5554.42
378025
29594.15
-3600.6063
INDEX OPTIONS
3119714
182034.68
3088262
180005.06
835121
62953.70
2029.615
STOCK FUTURES
263787
13604.61
264387
14104.13
1519302
89530.86
-499.5194
STOCK OPTIONS
200053
10680.74
194790
10354.77
170200
9838.80
325.9606 -1744.5501
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10875
10800
10710
10634
10544
BANKNIFTY
27214
27004
26819
26609
26425
_____________________________________________________________________________________________________________________
Special Report
18-FEB-2019
RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 33350 TGT 33400/33475 SL BELOW 33250 SELL GOLD BELOW 32900 TGT 32800/32800 SL ABOVE 33200
SILVER TRADING STRATEGY: BUY SILVER ABOVE 40700 TGT 40750/40800 SL BELOW 40550 SELL SILVER BELOW 40400 TGT 40300/40200 SL ABOVE 40600
COMMODITY ROUNDUP Oil prices rose by around 1 percent on Thursday, with Brent crude futures hitting a 2019-high, buoyed by hopes that the Sino-U.S. tariff dispute could end soon and as China's trade figures including crude imports beat forecasts. International Brent crude oil futures were at $64.35 per barrel at 0754 GMT, up 74 cents, or 1.1 percent, from their last close. Brent hit a 2019-high of $64.43 per barrel earlier in the session.U.S. West Texas Intermediate (WTI) crude futures were at $54.46 per barrel, up 57 cents, or 1.1 percent, from their last settlement.Optimism that a trade deal could be reached between the United States and China was boosted when U.S. President Donald Trump said talks were going "very well"."The 90-day truce (on trade) agreed in December will run out on March 1, but given the progress of the talks there could be an extension, which is why there (is) rising optimism that the two leaders will meet later that month," said Alfonso Esparza, senior market analyst, OANDA.\ Markets were also supported by upbeat China trade data, including for crude oil.China's crude oil imports in January rose 4.8 percent from a year earlier, customs data showed on Thursday, to an average of 10.03 million barrels per day (bpd), the third straight month that imports have exceeded the 10 million bpd mark.Not all data pointed to tighter market conditions and higher prices.Climbing U.S. oil stockpiles weighed on prices. U.S. crude oil inventories rose last week to the highest since November 2017 as refiners cut runs to the lowest since October 2017, the Energy Information Administration said on Wednesday.Crude inventories built for a fourth week in a row, rising 3.6 million barrels to 450.8 million barrels in the week to Feb. 8. Analysts polled by Reuters forecast an increase of 2.7 million barrels.U.S. crude oil production remained at a record of 11.9 million barrels per day (bpd).The global oil market will struggle this year to absorb fast-growing crude supply from outside the Organization of the Petroleum Exporting Countries (OPEC), even with the group's production cuts and U.S. sanctions on Venezuela and Iran, the International Energy Agency said in a report on Wednesday.The IEA said it expected global oil demand this year to grow by 1.4 million bpd, while non-OPEC supply will increase by 1.8 million bpd.
_____________________________________________________________________________________________________________________
Special Report
18-FEB-2019
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM MAR 8495/8520/8540 SL 8420 SELL GUARGUM MAR 8385/8360/8340 SL 8460
ABOVE
8480
TARGET
BELOW
8400
TARGET
NCDEX INDICES Index
Value
% Change
Barley
1580
0.39
Castor Seed
5096
0.39
Chana Coriander Cotton Seed Oilcake Guar Seed 10 MT
4229 6609 2049 4336
-1.18 -0.05 0.59 -0.09
15910
-0.38
3952 3826 6398
1.24 0.86 0.13
Jeera Mustardseed Soy Bean Turmeric
DHANIYA TRADING STRATEGY: BUY DHANIYA APR ABOVE 6430 TARGET 6445/6460/6490 SL 6370 SELL DHANIYA APR BELOW 6340 TARGET 6325/6300/6280 SL 6400
India's Palm oil imports declined by 2.31% to 8,15,236 tonne in January from the year-ago period, industry body Solvent Extractors Association (SEA) said.India, the world's leading vegetable oil buyer, had imported 8,34,444 tonne palm oil in January 2018.The country's total vegetable oil imports declined 3% to 12.75 lakh tonne in January this year compared to 12.91 lakh tonne in the year-ago period. The share of palm oil is more than 60% in the country's total vegetable oil imports.According to the SEA, the shipments of palmolein, especially from Malaysia, have increased due to cut in import duty on palm oils, which has reduced the effective duty difference between crude palm oil (CPO) and RBD Palmolein to just 5 percent against previous 10%. "This has resulted into sharp increase in import of RBD Palmolein to 1,67,429 tonne in January from 1,30,459 tonne in December 2018, up by 28 percent," it said in a statement. This is likely to increase in coming months considering the shipments lined up from Malaysia for export of RBD Palmolein to India, the SEA noted. US and Canada have accused India at the World Trade Organization (WTO) for higher minimum support price (MSP also referred as market price support) for five Pulses like Chickpeas, Pigeon Peas, Black matpe, Mung beans, and Lentils, and have submitted their own steeper calculations for inspection of members.India’s market price support for the five Pulses is about 26 times higher at Rs 69,923 crore instead of the notified Rs 2,667 crore, as per a joint submission made by the countries to the WTO. It appears that India’s market price support for pulses is vastly in excess of what it has reported to the WTO. Canada and the US look forward to future discussion of the significance of India’s market price support for pulses for both India’s market and for world markets, both with India and with other members, the submission said
_____________________________________________________________________________________________________________________
Special Report
18-FEB-2019
RBI Reference Rate Currency
Rate Currency
Rupee- $
71.30 Yen
64.8325
Euro
80.10 GBP
92.2175
USD/INR TRADING STRATEGY: USD/INR BUY USDINR FUTURE ABOVE 71.5 TARGET 71.6 71.7 SL 71.3 SELL USDINR FUTURE BELOW 71.25 TARGET 71.15 71 SL 71.45
GBP/INR TRADING STRATEGY: BUY GBPINR FUTURE ABOVE 92.50 TARGET 92.6 92.7 SL 92.30 SELL GBPINR FUTURE BELOW 92.30 TARGET 92.2 92.1 SL 92.50
Rate
The euro and the British pound fell to multi-week lows against the firmer U.S. dollar on Thursday as weak economic data out of the euro zone and concerns over Brexit weighed.EUR/USD dipped 0.1% to 1.1249 by 03:44 AM ET (08:44 GMT), the weakest level since midNovember after data showing that Germany’s GDP was flat in the fourth quarter, after a 0.2% contraction in the previous quarter.That means the euro area’s largest economy just managed to avoid a technical recession, but has also failed to expand since June. The data underlines expectations the European Central Bank will remain highly accommodative this year.Demand for the greenback continued to be underpinned after data pointing to sustained strength in core U.S. inflation.While headline U.S. inflation logged its weakest pace in 1-1/2-years in January, traders focused on the core price gauge, which was up for the third straight month, giving the dollar some impetus.The greenback was hit earlier this year by the Federal Reserve's shift to a cautious policy stance. However, the latest data suggest the central bank will need to stay vigilant on pricing pressures even as it adjusts to heightened growth risks."The trend in core U.S. inflation remains steady, against some concerns of a potential decline..indeed at 2.2 percent year-on-year, the current reading is up from the 1.8 percent reading a year ago," said Rodrigo Catril, senior currency strategist at NAB. "Overall the data suggest that we cannot rule out a resumption of Fed rate hikes later in the year." The Chinese yuan was little changed on Thursday in Asia after better-than-expected trade numbers for January, as analysts warned of the presence of business distortions due to national holidays and cyclical trends. The USD/CNY pair last traded at 6.7615 by 12:01 AM ET (05:01 GMT), up 0.04%.January exports unexpectedly grew 9.1% from a year earlier, compared to expectations for a drop of 3.2%, data from China’s General Administration of Customs showed on Thursday.Imports fell 1.5%, much less than the expected 10% fall and narrowing from December’s 7.6% drop.That left the country with a trade surplus of $39.16 billion for the month, better than forecasts of $33.5 billion.
_____________________________________________________________________________________________________________________
Special Report
18-FEB-2019
Date
Commodity/ Currency Pairs
14/2/19
NCDEX DHANIYA
APR
BUY
6340
15/2/19
NCDEX DHANIYA
APR
Sell
15/2/19
NCDEX GUARGUM5
MAR
15/2/19
NCDEX GUARGUM5
15/2/19
Contract Strategy
Entry Level
Stop Loss
Remark
6355/6370/64 00
6280
NOT EXECUTED
6250
6235/6220/61 90
6310
TARGET
BUY
8200
8215/8240/82 60
8260
TARGET
MAR
SELL
8150
8135/8120/80 80
8210
TARGET
MCX GOLD
FEB
BUY
33500
33550/33600
33400
NOT EXECUTED
15/2/19
MCX GOLD
FEB
SELL
33300
33250/33200
33500
TARGET
15/2/19
MCX SILVER
MAR
BUY
40700
40750/40800
40500
NOT EXECUTED
15/2/19
MCX SILVER
MAR
SELL
40400
40300/40200
40600
NOT EXECUTED
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
15/2/19
NIFTY
FUTURE
SELL
10950-10900
10850/10800
11000
TARGET
15/2/19
TITAN
FUTURE
BUY
1070
1075/1080
1060
NOT EXECUTED
15/2/19
KSCL
FUTURE
SELL
525
518/500/490
535
TARGET
15/2/19
REPOHOME
CASH
SELL
375
370/365
385
TARGET
_____________________________________________________________________________________________________________________
Special Report
18-FEB-2019
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)
PERIO ACTUAL D
REPORT
FORECAST
PREVIOUS
THE GOVERNMENT SHUTDOWN COULD DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, FEB. 18 Presidents Day holiday None scheduled TUESDAY, FEB. 19 8:50 am
Loretta Mester speaks
10 am
Home builders' index
Feb.
--
58
WEDNESDAY, FEB. 20 8:30 am
Housing starts*
Jan
DELAYED
--
8:30 am
Building permits*
Jan.
DELAYED
--
2 pm
FOMC minutes
THURSDAY, FEB. 21 7:50 am
Raphael Bostic speaks
8:30 am
Weekly jobless claims
2./16
229,000
239,000
8:30 am
Durable goods orders (new date)*
Dec.
1.2%
0.7%
8:30 am
Core capital equipment orders (new date)*
Dec.
--
-0.6%
8:30 am
Philly Fed
Feb.
--
17.0
--
54.9
--
54.2
9:45 am
Markit manufacturing PMI (flash)
Feb.
Markit services PMI (flash)
Feb.
9:45 am
Markit manufacturing index flash
Nov.
9:45 am
Markit services index flash
Nov.
9:45 am
--
55.7
--
54.8
10 am
Existing home sales
Jan.
4.98 mln
4.99 mln
10 am
Leading economic indicators
Jan.
--
-0.1%
FRIDAY, FEB. 22 All Day
Chicago Booth monetary policy forum Richard Clarida, keynote speaker Randal Quarles, John Williams, Mary Daly, James Bullard, Patrick Harker participate
The 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 Digitally signed by 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 Sachin Yadav the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projectionsDN: shown are not necessarily cn=Sachin Yadav indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. or any person c=IN Analyst o=Personal related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site hasthe done so at Reason: I am 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 author of this 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, document however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever forLocation: any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Date: 2019-02-18 Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with 09:20+05:30 anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
Sachi n Yadav
_____________________________________________________________________________________________________________________