Special Report
21 –JAN-2019
Global markets at a glance US stocks rallied on Friday, helping Wall Street’s major indexes advance for the fourth consecutive week, as increased hopes the United States and Chinawould resolve their trade dispute lifted shares across sectors.The Dow Jones Industrial Average rose 336.25 points, or 1.38 percent, to 24,706.35, the S&P 500 gained 34.75 points, or 1.32 percent, to 2,670.71 and the Nasdaq Composite added 72.77 points, or 1.03 percent, to 7,157.23.Asian markets were in limbo early on Monday ahead of data likely to show the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade.MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed in early trade, after rising 1.6 percent last week. EMini future for the S&P 500 were 0.1 percent lower, though trade was light with the US on holiday. Japan's Nikkei added 0.7 percent, helped by a recent pullback in the yen.Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 23 points or 0.21 percent. Nifty futures were trading around 10,954-level on the Singaporean Exchange. Oil prices dipped on Monday, weighed down by expectations that China will report its weakest economic growth in almost three decades amid waning domestic demand and painful US tariffs. 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. 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. 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
24620
-0.27
S&P500
2670
+1.23
NASDAQ
7157
+1.03
FTSE100
6968
+1.95
20654 27033
+1.24 +0.37
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
1,184.35
49.9
4.4
346.15
10.75
3.21
1,240.20
20.25
1.66
Hindalco
208.8
2.8
1.36
Adani Ports
399.3
4.8
1.22
CMP
Change
% Chg
390.75 311.15 322.15 1,317.90 239.5
-35.8 -20.9 -10.25 -28.15 -4.7
-8.39 -6.29 -3.08 -2.09 -1.92
Reliance Wipro Kotak Mahindra
Top Losers Company
Sun Pharma Bharti Airtel GAIL Larsen HPCL
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
1,372.90
9.05
0.67
215.95
4.1
1.97
1,000.01
0.01
0
MTEDUCARE
74.6
3.4
5.31
NEXTMEDIA
26.5
0.15
0.59
Prev. Close
Change
%Chg
ABGSHIP
1.85
0.05
2.63
ACCELYA
905.3
-7.65
-0.81
182.35 1.15 20.5
-2.9 -0.05 -0.65
-1.56 -4.17 -3.07
APOLLOHOSP IOLCP LIQUIDETF
Stocks at 52 Week’s LOW Symbol
ALLSEC ANGIND ARROWTEX
Indian Indices Company
NIFTY SENSEX
CMP
10907 36386
Change
+1.8 +12.53
% Chg
+0.02 +0.03
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Special Report
21 –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
21 –JAN-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
BANKNIFTY
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) & 3,53,360 versus 11 percent YoY. 3,42,980
LTP
Traded Volume (Contracts)
CE
27,800 76.05
3,23,424
BANKNIFTY
CE
27,700 109.95
2,97,861
NIFTY
CE
11,000 78.65
2,42,144
RELIANCE
CE
1,200
16.7
49,311
RELIANCE
CE
1,180
25.7
35,560
36,28,350 AU Small Finance Bank Q3: Profit rises 20.8 percent toRs 95.3 crore versus Rs 79 crore; net interest income 30,81,500 jumps 38.9 percent to Rs 348 crore versus Rs 250.4 12,69,500 crore YoY.
RELIANCE
CE
1,160
37.5
35,322
13,48,000
RELIANCE
CE
1,140
52.7
RELIANCE
CE
1,220 10.05
MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST LTP
Open Interest
NIFTY FUTURE Nifty followed global market and started 10,93,000 with gap up but today Pharam and Media share made 17,747 11,04,500 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. 3,08,122 2,71,960 19,400
Symbol
Optio Strike n Price Type
BANKNIFTY
PE
27,300
BANKNIFTY
PE
27,400 128.55
2,98,259
2,31,500
BANKNIFTY
PE
27,200
67.4
2,88,405
2,69,900
RELIANCE
PE
1,140
6.4
25,273
18,15,500
RELIANCE
PE
1,120
4.3
20,957
13,43,500
RELIANCE
PE
1,100
3.15
19,535
18,81,500
RELIANCE
PE
1,160 10.95
15,568
11,28,500
RELIANCE
PE
1,080
9,080
14,08,000
91
2.4
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
26997
1973.28
30984
2371.62
486893
38410.31
-398.3401
INDEX OPTIONS
1018352
64278.91
1030427
65333.37
837589
63239.00
-1054.4608
STOCK FUTURES
212137
12749.79
205414
12212.19
1398720
85334.80
537.6038
STOCK OPTIONS
165428
9773.67
167597
9888.25
179897
10518.47
-114.5799 -1029.777
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10971
10939
10895
10863
10819
BANKNIFTY
27646
27551
27481
27386
27315
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Special Report
21 –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
21 –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
21 –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.
_____________________________________________________________________________________________________________________
Special Report
21 –JAN-2019
Date
Commodity/ Currency Pairs
18/1/19
NCDEX DHANIYA
JAN
BUY
6680
18/1/19
NCDEX DHANIYA
JAN
Sell
18/1/19
NCDEX GUARGUM5
JAN
18/1/19
NCDEX GUARGUM5
18/1/19
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
18/1/19
MCX GOLD
JAN
SELL
31900
31850/31800
32020
18/1/19
MCX SILVER
MAR
BUY
39500
39550 39600
39350
TARGET HIT
18/1/19
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
18/1/19
NIFTY
FUTURE
BUY
10850
10920/10970
10750
NOT EXECUTED
18/1/19
TITAN
FUTURE
BUY
975
980/985
965
NOT EXECUTED
18/1/19
SIEMENS
FUTURE
BUY
1076
1082/1087
1063
NOT EXECUTEED
18/1/19
REPOHOME
CASH
BUY
430
435
420
NOT EXECUTED
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Special Report
21 –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. 21 None scheduled Martin Luther King Jr. Day TUESDAY, JAN. 22 10 am
Existing home sales
Dec.
5.32 mln
WEDNESDAY, JAN. 23 None scheduled THURSDAY, JAN. 24 8:30 am
Weekly jobless claims
1/19
9:45 am
Markit manufacturing PMI
Jan.
53.8
9:45 am
Markit services PMI
Jan.
54.4
10 am
Leading economic indicators
Dec.
0.2%
FRIDAY, JAN. 25 9:45 am
Markit manufacturing index flash
8:30 Durable orders* 9:45 amam Markit servicesgoods index flash
Nov. Nov.
Dec.
--
55.7
--
54.8
0.8%
8:30 am
Core capital equipment orders*
Dec.
-0.6%
10 am
New home sales*
Dec.
544,000 (Oct)
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