Special Report 19-Nov-2018
Global markets at a glance The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp dragged down the Nasdaq.All three indexes had been lower in early trade as an underwhelming outlook from Nvidia weighed on the tech sector.US stocks moved higher after Trump said China seemed willing to make a deal on trade."The market is paying attention very closely to anything surrounding trade," said Veronica Willis, investment strategy analyst at Wells Fargo Investment Institute in St. Louis. "(A trade deal) would boost expectations for global growth, which would ultimately be good for stocks." Nvidia's shares tumbled 18.8 percent after the chipmaker pointed to the decline in cryptocurrency mining as the cause of its declining sales. The chipmaker's shares also weighed on the Philadelphia SE Semiconductor index , which declined 1.2 percent.Facebook shares also dropped 3.0 percent upon renewed concerns that the company could face regulatory scrutiny following a New York Times report on Wednesday about the company's attempts to deflect criticism of its handling of Russian propaganda. PREVIOUS DAY ROUNDOFF Markets continued the positive momentum with Nifty and Bank Nifty trading with a positive bias throughout the day. The Nifty outperformed Bank Nifty by ~0.3% as across-theboard buying was witnessed in Reliance, Bharti Airtel, Hdfc Ltd, and so on.Telecom stocks rose with Vodafone Idea soaring ~15%, backed by an addition of fresh long positions. The market breadth ended in the favor of declines with the advance/decline ratio closing at 2:3. Tracking the derivative data points, Nifty Futures and Bank Nifty Futures witnessed a surge in open interest to the tune of 4% and 0.5%, respectively, mainly comprising long positions.On the options front, across-the-board short covering was seen in Nifty in-the-money call option strikes, with 10600CE shedding ~3.5 lakh shares in open positions. India Vix ended the day 0.54% lower at 18.35. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-0.30pts], Consumption[+0.71pts],PSE[-1.21pts],CPSE[1.61pts],Energy[1.29pts],FMCG[+0.46pts],Auto [+0.05pts],Pharma[+0.90pts],IT[+0.83pts],M etal[ 1.56pts],Realty[+0.25 pts], Fin Serv sector[+0.77 pts].
World Indices Index
Value
% Change
25289.49
+0.83
2730
+1.06
NASDAQ
7247.87
+1.69
FTSE100
7013.88
-0.34
21680.34 26183.53
-0.57 +031
DJI S&P500
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
332.75
28.35
9.31
1,022.20
33.45
3.38
24,735.00
789.65
3.3
831.9
23.2
2.87
1,127.40
30.55
2.79
CMP
Change
% Chg
191 766.2 335.1 574.1 143.35
-14.85 -38.65 -9.5 -15.25 -3.3
-7.21 -4.8 -2.76 -2.59 -2.25
Bharti Airtel HCL Tech Eicher Motors Grasim Reliance
Top Losers Company
Yes Bank Indiabulls Hsg JSW Steel Tata Steel IOC
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
AARTIIND
1438.25
-13.25
-0.92
APOLLOHOSP
1168.05
82.6
7.07
ATUL
3457.6
68.9
1.99
BIRLACABLE
200.55
-2.05
-1.02
24.8
1.2
4.84
Prev. Close
Change
%Chg
42.7
0.3
0.7
52.95
-2.6
-4.91
2.95 1.45 282.15
0 0.05 -5.95
0 3.45 -2.11
ELECTROSL
Stocks at 52 Week’s LOW Symbol
ADHUNIKIND AIFL ALCHEM ANGIND ASAHIINDIA
Indian Indices Company
CMP
Change
% Chg
NIFTY
10682.20
+65.2
+0.62
SENSEX
35547..16
+196..62
+0.56
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Special Report 19-Nov-2018
RECOMMENDATIONS [FUTURE] 1. NMDC [FUTURE ] On daily chart we have seen that stock is traded near its support level . In last trading session a large bearish candle form with strong volume . After analysis of derivative data its indicate that traders view is to sell the stock . Our recommendation is also sell the stock future from 100 Target 97/95 Sl 104 .
STOCK RECOMMENDATION [CASH] Siemen [CASH] On daily chart we have seen that stock is traded near its resistance level . In last two trading session a large bullish candle form with strong volume . After analysis of derivative data its indicate that traders view is to long the stock . Our recommendation is also Buy the stock in the range of 970-975 target 980/985/1000 Sl 960
MACRO NEWS 2. Siemens [FUTURE] On daily chart we have seen that stock is traded near its resistance level . In last two trading session a large bullish candle form with strong volume . After analysis of derivative data its indicate that traders view is to long the stock . Our recommendation is also Buy the stock in the range of 970972 target 980/985/1000 Sl 960
Urjit Patel and his four deputies, who all are members of the RBI's 18-member central board, will present a united front, while a few independent directors too are expected to support the central bank's mission to clean up bank balance sheets, sources said.
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
Asian shares inched cautiously higher on Monday amid conflicting signals on the chance of a truce in the SinoUS trade dispute, while a new-found air of concern on the global outlook at the Federal Reserve undermined the dollar Wall Street had firmed on Friday after US President Donald Trump said that he may not impose more tariffs on Chinese goods after Beijing sent a list of measures it was willing to take to resolve trade tensions.The comment stoked speculation of a deal when Trump meets Chinese President Xi Jinping on the sidelines of a G20 summit in Argentina later this month.
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Special Report 19-Nov-2018
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
BANKNIFTY
CE
26,500 103.85
5,06,950
BANKNIFTY
CE
26,400
138
2,96,403
5,89,240 Ashapura Intimates Fashion Q2: Loss at Rs 34.21 crore 2,72,980 versus profit at Rs 3.44 crore; revenue falls to Rs 51.01 crore
BANKNIFTY
CE
26,300
181
2,44,295
2,65,540
RELIANCE
CE
1,140
16.9
15,869
17,26,000 NIFTY FUTURE
RELIANCE
CE
1,120
26
13,631
YESBANK
CE
200
9.05
10,169
RELIANCE
CE
1,100
38.3
9,593
RELIANCE
CE
1,160
10.5
9,353
10,19,000 Nifty 50 on Monday seen the sell off in market . Nifty 52,30,750 approch towards 10700 in intra day . Strong in value of rupee is in favaour of indian market . Our 14,98,500 recommendation is to Buy the nifty future in range of 12,55,500 10660 . Target 10690/10715/10730 SL 10620
MARUTIACTIVE PUT CE OPTION 9,000 111.5 5,823 MOST Symbol
Optio Strike n Price Type
RELIANCE
PE
YESBANK
PE
RELIANCE
PE
BANKNIFTY
Open Interest
versus Rs 51.12 crore YoY.
2,83,500
LTP
Traded Volume (Contracts)
Open Interest
12
9,429
9,31,000
190 10.65
8,406
23,69,500
6.95
7,095
9,19,000
PE
26,000 124.9
4,01,312
4,02,100
BANKNIFTY
PE
25,800
75
3,09,523
4,20,860
BANKNIFTY
PE
25,900
95
2,56,814
2,36,940
BANKNIFTY
PE
25,700
56.5
2,24,085
4,56,760
BANKNIFTY
PE
25,500
37
2,20,058
5,65,860
1,100
1,080
HCL Infosystems: Company received orders from Central Excise & Central Goods & Services Tax to pay Rs 74 crore with interest and penalty.
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
43076
2962.09
40730
2799.04
441518
33755.85
163.0467
INDEX OPTIONS
1198876
71376.90
1203180
71705.81
1034703
75779.10
-328.9161
STOCK FUTURES
244036
13404.70
256512
13848.35
1429318
83787.26
-443.6539
STOCK OPTIONS
156297
8830.43
157679
9056.57
166325
9948.59
-226.1343 -835.6576
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10733.93
10707.87
10669.53
10643.87
10605.53
BANKNIFTY
26443.87
26344.73
26233.67
26134.53
26023.46
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Special Report 19-Nov-2018
RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 30950 TGT 31070 31170 SL BELOW 30700 SELL GOLD BELOW 31100 TGT 30050 30000 SL ABOVE 30 31150
SILVER TRADING STRATEGY: BUY SILVER ABOVE 37000 TGT 37150 37200 SL BELOW 36820 SELL SILVER BELOW 36900 TGT 36800 36700 SL ABOVE 37180
COMMODITY ROUNDUP Nagpur Soybean, Soyoil, Soymeal Open-November 16, 2018 Nagpur, Nov 16 (Reuters) – The rising trend in Castor oil prices in non-edible section remained unabated for the fourth straight day today in Vidarbha region of Central Maharashtra as prices rise further on increased buying by oil paint industries for the ongoing festival season, amid a firm trend in producing belts. Trading activity in other edible oils reported weak as traders because of good recovery in international edible oils, sources said Tuesday Gold prices rose on Friday, having hit a one-week high earlier in the session, as investors sought safe-haven assets amid fears of a chaotic departure for Britain from the European Union.UK Prime Minister Theresa May's draft Brexit plan ran into dispute after the resignation of key ministers from her government and eurosceptic lawmakers stepped up efforts to topple her, provoking fears the country could crash out of the EU without a divorce deal. issues around Brexit have invigorated a little bit of safehaven buying in the market ... The focus of the market has turned slightly to geopolitical issues at the moment," said ANZ analyst Daniel Hynes.Spot gold XAU= was up 0.2 percent at $1,214.93 per ounce, as of 0720 GMT. Earlier in the session, the bullion hit $1,216.79, its highest since Nov. 9.Prices are expected to end the week higher after declining nearly 2 percent last week.U.S. gold futures GCcv1 were flat at $1,215.3 per ounce.
"Gold should continue to find demand on dips, provided the U.S. dollar remains in check," Stephen Innes, APAC trading head at OANDA in Singapore said in a note.The dollar index .DXY , which measures the greenback against a basket of six major currencies, was at 96.91, not far from a 16month high of 97.69 hit at the start of the week. USD/ Investors also kept an eye on the U.S.-China trade tensions as they looked for concrete signs the economic powers were seeking to de-escalate their dispute. may continue to struggle for direction in the near term as conflicting messages out of the White House cast doubt on prospects for de-escalation in the U.S. trade war with China even as markets continue to worry about UK politics," said Ilya Spivak, a currency strategist for DailyFX.
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Special Report 19-Nov-2018
NCDEX INDICES Index
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM DEC ABOVE 9980 TARGET 10010/10040 SL 9930 SELL GUARGUM ABOVE 9630/9600 /9570 SL 9800
DEC
9680
TARGET
Value
% Change
Barley Castor Seed Chana Coriander Cotton Seed Oilcake Guar Seed 10 MT
1943 6020 4449 6160 2007.5 4630
0.08 -3.99 -2.99 -2.99 0.02 -1.38
Jeera
19290
-1.2
4013 3376 6600
-2.43 -0.12 0.76
Mustardseed Soy Bean Turmeric
DHANIYA TRADING STRATEGY: BUY DHANIYA DEC ABOVE 6580 TARGET 6610/6640/6610 SL 6450 SELL DHANIYA DEC ABOVE 6530 TARGET 6400/6380 SL 6700
The yield on the benchmark 10-year government security will trade in a relatively wide range of 7.6-8 per cent till December, a report said Thursday. The benchmark g-sec is trading at between 7.7-7.75 per cent at present, domestic rating agency Icra said. It said the yield will be influenced by various factors including crude oil prices, the evolving balance of various fiscal risks, likelihood of revision in governments market borrowing in Q4, magnitude of open market operatiion In the report, the agency said price of the Indian crude oil basket is likely to remain considerably lower in the immediate term than the average of USD 80 per barrel in October 2018. It attributed this expectation to factors like exemptions from US sanctions on Iran for India and seven other jurisdictions. However, factors like supplydemand balances, the evolving scenario related to geopolitical developments, and the extent of concerns regarding the impact of trade wars on on global growth would impart volatility to crude prices . Oil ended slightly firmer after volatile trading on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices fell for the sixth straight week amid global oversupply concerns. OPEC kingpin Saudi Arabia is keen for the major producers to cut output by about 1.4 million barrels per day, around 1.5 percent of global supply, to support the market, sources told Reuters this week. But other producers, including Russia, have been reluctant to agree to a cut. LCOc1 settled up 14 cents, or 0.2 percent, at $66.76 a barrel. The global benchmark fell 4.6 percent in the week, the sixth consecutive decline.
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Special Report 19-Nov-2018
RBI Reference Rate Currency
Rate Currency
Rate
Rupee- $
71.97 Yen
63.48
81.4773 GBP
92.1265
Euro USD/INR TRADING STRATEGY: USD/INR
Indian rupee appreciated further as it is trading below 72 mark. It is trading higher by 42 paise at 71.89 per dollar.It opened 26 paise higher at 72.05 per dollar versus previous close 72.31.On Wednesday the rupee closed 36 paise higher at 72.31 against Tuesday's close 72.67 per dollar.
BUY USDINR NOV ABOVE 72 TGT 71.85 71.78 SL 72.20 SELL USDINR NOV BELOW 72.10 TGT 72 71.9 SL 72.30
GBP/INR TRADING STRATEGY: BUY GBPINR NOV ABOVE 92.25 TGT 92.35 92.40 SL 92 SELL GBPINR NOV BELOW 92 TGT 91.9 91.8 SL 92.25
Rupee consolidated in a narrow range but marginal appreciation was seen in the first half of the sessions following drop in global crude oil prices. In the past few sessions crude was weighed down after citing softening demand and after remarks from Saudi Arabia’s energy minister saying OPEC was considering cutting supply next year. But yesterday losses for the commodity were eroded on growing prospects that the Organization of the Petroleum Exporting Countries and allied producers would cut output at a meeting next month to prop up prices, said Motilal Oswal. EURUSD appreciated by 0.170 percent yesterday while EURINR depreciated by 0.1 percent during the same time frame. EU commission had asked Italy to revise their budget plans. However, Economy Minister Giovanni Tria said that the growth forecast contained in the budget is the result of technical evaluations and ‘non - negotiable,’ suggesting that the country is ready to f ace the EU Commission's sanctions creating more rifts between the two parties. GDP data from Germany came in at - 0.2 percent against market expectations of - 0.1 percent. Direct tax collection has already crossed Rs 5 lakh crore and will exceed the budgeted target of Rs 11.5 crore set for the current fiscal, CBDT Chairman Sushil Chandra said Wednesday. He further said that so far the I-T department has issued refunds to 2.15 crore assessees amounting to Rs 1.15 lakh crore and from now onwards the net collections will increase .We have already crossed the Rs 5 lakh crore figure that is 44 per cent of the net direct tax collection target. This is despite the fact there is a surge in refund," Chandra said. Speaking to reporters after inaugurating the pavillion of the Central Board of Direct Taxes (CBDT) at the India International Trade Fair (IITF), Chandra said the number of people voluntarily filing tax returns has gone up substantially, and 6.85 crore income tax returns .
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Special Report 19-Nov-2018
Date
Commodity/ Currency Pairs
16/11/18
NCDEX DHANIYA
DEC
BUY
6650
16/11/18
NCDEX DHANIYA
DEC
Sell
16/11/18
NCDEX GUARGUM5
DEC
16/11/18
NCDEX GUARGUM5
16/11/18
Contract Strategy
Entry Level
Stop Loss
Remark
6680/6710/67 30
6560
TARGET HIT
6640
6400/6380
6700
SL HIT
BUY
9980
10010/10040
9930
NOT EXECUTED
DEC
SELL
9840
9810/9790/97 50
9950
TARGET HIT
MCX GOLD
DEC
BUY
30725
30775-20875
30650
NOT EXECUTED
16/11/18
MCX GOLD
DEC
SELL
30600
30550-30450
30880
FINAL TARGET
16/11/18
MCX SILVER
DEC
BUY
36300
36450-36650
36100
NOT EXECUTED
16/11/18
MCX SILVER
DEC
SELL
36000
35850-35650
36200
FINAL TARGET
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
16/11/18
NIFTY
FUTURE
BUY
10570-10580
10620/10650
10540
NOT EXECUTED
16/11/18
YES BANK
FUTURE
SELL
199
194/190
204
TARGET HIT
16/11/18
JUST DIAL
FUTURE
BUY
500
495
505
SL HIT
16/11/18
YES BANK
CASH
BUY
199
194/190
204
TARGET HIT
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Special Report 19-Nov-2018
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)
REPORT
PERIOD
ACTUAL
FORECAST
PREVIOUS
MONDAY, NOV. 12 Veterans Day TUESDAY, NOV. 13 6 am
NFIB small-business index
Oct.
2 pm
Federal budget
Oct.
107.9
WEDNESDAY, NOV. 14 8:30 am
Consumer price index
Oct.
0.1%
8:30 am
Core CPI
Oct.
0.1%
THURSDAY, NOV. 15 8:30 am
Weekly jobless claims
11/10
8:30 am
Retail sales
Oct.
0.1%
8:30 am
Retail sales ex-autos
Oct.
-0.1%
8:30 am
Philly Fed
Nov.
22.2
8:30 am
Empire state index
Nov.
21.1
8:30 am
Import price index
Oct.
0.5%
10 am
Business inventories
Sept.
0.5%
FRIDAY, NOV. 16 9:15 am
Industrial production
Oct.
0.3%
9:15 am
Capacity utilization
Oct.
78.1%
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