Special Report
18–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 Benchmark indices remained volatile during the day but ended on the positive side with Nifty finished above 10,900 mark.The Sensex was up 52.79 points at 36374.08, while Nifty was up 14.90 points at 10,905.20. About 1046 shares have advanced, 1496 shares declined, and 173 shares are unchanged. HCL Tech, Axis Bank, HDFC, TCS and M&M were the top gainers on the Sensex, while top losers were Sun Pharma, Yes Bank, SBI, Bajaj Finance and HUL.
World Indices Index
Value
% Change
DJI
24417
+0.39
S&P500
2635
+0.76
NASDAQ
7084
+0.71
FTSE100
6834
-0.40
20654 27033
+1.24 +0.37
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
BPCL
355.2
7.95
2.29
GAIL
332.4
6.9
2.12
Axis Bank
676.65
12.65
1.91
HCL Tech
954.7
16.45
1.75
280.45
4.6
1.67
CMP
Change
% Chg
426.55 201.5 440.9 297.4 20,369.95
-27.25 -6.85 -11.2 -5.75 -365.75
-6 -3.29 -2.48 -1.9 -1.76
Bharti Infratel
Top Losers Company
Sun Pharma Yes Bank Zee Entertain SBI Eicher Motors
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
AARTIIND LINDEINDIA
Among the sector pharma and PSU bank stocks were under pressure as indices lost 1.3 percent, while some buying was seen in the IT stocks.
Stocks at 52 Week’s LOW
Index stats
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
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].
Symbol
ABGSHIP
Indian Indices Company
NIFTY SENSEX
CMP
10905.2 36374
Change
+14.9 +52.79
% Chg
+0.14 +0.15
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Special Report
18–JAN-2019
RECOMMENDATIONS [FUTURE]
STOCK RECOMMENDATION [CASH]
1. BIOCON [FUTURE ] In Biocon we have seen that stock closing near its pivot resistense level . Strong buying seen in last 3 days .Traders view that company shows strong fundamnetal ,so bullish on this stock . All though pharma sector is not performing as good .Our recommendation is to buy stock above 660 Target 665/670 Sl 650
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 450 for the target of 455/462 with the stop loss of 440
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 1066 Target 1070/1078 Sl 1050 .
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
18–JAN-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
BANKNIFTY
CE
27,500
7.65 18,715.08
BANKNIFTY
CE
27,600
0.05
4,529.00
BANKNIFTY
CE
27,700
0.05
969.77
RELIANCE
CE
1,160
15.5
1,160.19
RELIANCE
CE
1,140
23.6
1,452.23
RELIANCE
CE
1,180
9.55
557.03
RELIANCE
CE
1,200
5.8
TCS
CE
1,900
28.9
MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST
Traded Volume (Contracts)
Hindustan Unilever Q3: Profit rises 8.9 percent to Rs 1,444 crore versus Rs 1,326 crore; revenue increases 11.3 percent to Rs 9,558 crore versus Rs 8,590 crore YoY. Volume growth unchanged at 10 percent (QoQ) & 2,70,400 versus 11 percent YoY. 22,66,300 Open Interest
18,51,480 AU Small Finance Bank Q3: Profit rises 20.8 percent toRs 95.3 crore versus Rs 79 crore; net interest income 21,67,500 jumps 38.9 percent to Rs 348 crore versus Rs 250.4 21,03,500 crore YoY. 15,54,000
NIFTY FUTURE Nifty followed global market and started 22,97,000 with gap up but today Pharam and Media share made 575.24 8,43,500 pressure in market due to that whole day Nifty traded in sideways and in last one hour it loosed almost fifty per 5,823 2,83,500 cent gains in intraday. On daily chart it created bearish Traded Open candle since Nifty forming Open Broadening pattern so Volume Interest we it will be buy in decline around 10850 with stop loss o (Contracts) 10770 for the target of 10920/10970. 11,912.47 14,34,840 321.88
Symbol
Optio Strike n Price Type
LTP
BANKNIFTY
PE
27,400
0.05
BANKNIFTY
PE
27,500
0.05
20,130.00
18,84,700
BANKNIFTY
PE
27,300
0.05
1,896.67
13,99,500
RELIANCE
PE
1,100
11.5
506.25
13,15,000
RELIANCE
PE
1,120
18
732.44
8,41,500
RELIANCE
PE
1,140
27.4
1,004.91
8,25,500
YESBANK
PE
200
8.95
691.66
22,13,750
RELIANCE
PE
1,080
7
158.97
13,85,500
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
10979
10942
10893
10856
10807
BANKNIFTY
27768
27648
27491
27372
27215
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Special Report
18–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 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. The precious metal struggled to build on the overnight positive momentum and was again seen retreating from the top end of a near one-week-old trading range. The recent price-action constituted towards the formation of a rectangle, usually seen as continuation pattern but sometimes mark significant trend tops/bottoms. The fact that bulls have repeatedly failed ahead of the $1300 psychological mark points to increased selling pressure/long -unwinding pressure at higher levels. However, bullish technical indicators on hourly/daily charts remain supportive of persistent dip-buying interest at the lower end of the recent trading band.Hence, traders are likely to wait for a convincing breakthrough the mentioned range before positioning aggressively for the commodity's next leg of a directional move.Gold prices on Thursday rose by Rs 110 per grams to advance the gaining streak for the fourth straight day at the bullion market here on increased demand from local jewellers, according to the All India Sarafa Association.Silver, however, declined by Rs 300 to Rs 40,200 per kg on subdued demand from industrial units and coin makers.Gold of 99.9 per cent and 99.5 per cent purities advanced by Rs 110 each to Rs 33,300 per 10 grams and Rs 33,150 per 10 grams, respectively. Sovereign gold too rose by Rs 100 to Rs 25,500 per piece of eight grams.Traders said gold prices firmed up in line with positive global cues.Gold traded higher at USD 1,292.55 an ounce while silver stood at USD 15.57 an ounce in New York.The precious metal firmed up by 0.44 per cent to SGD 1,754 per ounce. In the previous three days, gold prices went up by Rs 315.Silver ready declined by Rs 300 to Rs 40,200 per kg, while weeklybased delivery dropped Rs 143 to Rs 39,690 per kg. Silver coins, however, held flat at Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces.
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Special Report
18–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
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
Tamil Nadu Agricultural University (TNAU) has released 14 new diverse crop varieties for the benefit of the farming community.The varieties include Rice ADT 53 (short duration, 105 days), Rice VGD1 (semi dwarf, 130 days), Little millet ATL1 (samai), Greengram VBN 4, Groundnut BSR 2, Castor YTP 1, Kadam MTP 1 (for pulp and plywood), Bottlegourd PLR 2, Garlic Ooty 2, Star Jasmine CO 1, Kufri Sahyadri (potato), and banana varieties Kaveri Saba, Kaveri Kalki, Kaveri Sugantham.The State Variety Release Committee has given its approval for the release of crops.Kufri Sahyadri, a high yielding medium maturing potato variety has been released by CPRI, Ooty. Suited for cultivation in summer, autumn and spring, the average yield of tuber ranged between 28 and 35 tonnes/ha. India’s domestic crude oil production fell 3.47% in November to 2,780.60 Thousand Tonne (TMT), as compared to the corresponding month a year ago, primarily due to fall in production from fields operated by Oil and Natural Gas Corporation (ONGC).India’s domestic crude oil production in November 2017 stood at 2,880.67 TMT. Cumulatively, India’s crude oil production during the AprilNovember period of financial year 2018-2019 fell 3.63 per cent to 23,075 TMT, as compared to 23,943.75 TMT produced in the corresponding period a year ago. The fall was primarily due to lower crude oil production from fields operated by government-owned ONGC and Oil India. ONGC, India’s largest producer of crude oil and natural gas witnessed its crude oil production fall 5 per cent to 1705.36 TMT in the month of November primarily due to fall in production from its Western Offshore fields. Cumulatively, ONGC’s crude oil production during the AprilNovember period of financial year 2018-2019 decreased 5.60 per cent to 14,146.89 TMT as compared to 14,986.62 TMT produced in the corresponding period a year ago.
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Special Report
18–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 71.15 TARGET 71.25 71.355 SL 71 SELL USDINR FUTURE BELOW 71 TARGET 70.9 70.8 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.
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Special Report
18–JAN-2019
Date
Commodity/ Currency Pairs
17/1/19
NCDEX DHANIYA
JAN
BUY
6680
17/1/19
NCDEX DHANIYA
JAN
Sell
17/1/19
NCDEX GUARGUM5
JAN
17/1/19
NCDEX GUARGUM5
17/1/19
Contract Strategy
Entry Level
Stop Loss
Remark
6695/6720/67 40
6620
NOT EXECUTED
6650
6635/6620/65 90
6710
TARGET
BUY
8600
8615/8640/86 60
8540
TARGET
JAN
SELL
8550
8535/8520/84 90
8610
TARGET
MCX GOLD
JAN
BUY
32100
32150/32190
32000
17/1/19
MCX GOLD
JAN
SELL
31900
31850/31800
32020
17/1/19
MCX SILVER
MAR
BUY
39500
39550 39600
39350
TARGET HIT
17/1/19
MCX SILVER
MAR
SELL
39200
39100 39050
39350
NOT EXECUTED
Entry Level
Target
Stop Loss
Remark
Target
NOT EXECUTED
NOT EXECUTED
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
17/1/19
NIFTY
FUTURE
BUY
10850
10920/10970
10750
NOT EXECUTED
17/1/19
TITAN
FUTURE
BUY
975
980/985
965
NOT EXECUTED
17/1/19
SIEMENS
FUTURE
BUY
1076
1082/1087
1063
NOT EXECUTEED
17/1/19
REPOHOME
CASH
BUY
430
435
420
NOT EXECUTED
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Special Report
18–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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