Special Report
27 -FEB-2019
Global markets at a glance
World Indices
Wall Street’s three major indexes fell slightly after a choppy session on Tuesday as investors eyed mixed US economic data and corporate news and waited for clarity on issues such as the US-China trade talks.The Dow Jones Industrial Average fell 33.97 points, or 0.13 percent, to 26,057.98, the S&P 500 lost 2.21 points, or 0.08 percent, to 2,793.9 and the Nasdaq Composite dropped 5.16 points, or 0.07 percent, to 7,549.30.
Index
Value
% Change
DJI
26028
-0.03
S&P500
2793
-0.08
NASDAQ
7549
-0.07
FTSE100
7151
-0.45
21557 28932
+0.50 +0.56
Asian shares edged higher on Wednesday and the dollar fell to a three-week low after Federal Reserve Chairman Jerome Powell reinforced the US centralbank’s recent shift toward a more “patient” approach on policy in the face of a slowing economy.MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.1 percent in early trade, not far from its five-month high marked on Monday. Japan’s Nikkei share average gained 0.4 percent, while Australian stocks rose 0.3 percent.
Top Gainers
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 42 points or 0.39 percent. Nifty futures were trading around 10,865-level on the Singaporean Exchange. PREVIOUS DAY ROUNDOFF Indian equity markets witnessed an extremely volatile trading on Tuesday following the air strike by IAF on terror camps in Pakistan.The Nifty ended the session 44 points lower at 10,835 after hitting an intraday low of 10,729, while Bank Nifty settled 206 points lower at 26,952.India Vix witnessed a sharp surge of 10.98% ending the session at 17 with traders expecting volatility in the market to persist in the near term due to geopolitical tensions.Among the sectoral indices, Nifty Media was the top performer, up 3.22% on the back of a strong rally in ZEE Entertainment and SunTV, which ended the session 6% and 3.18% higher, respectively. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+16.55pts], Consumption[+15.7pts],PSE[-6.90pts],CPSE [+2.60pts],Energy[-14.10pts],FMCG[+85.85pts],Auto [+92.50pts],Pharma[+43.60pts],IT[+319pts],Metal [+9.90pts],Realty[-1.70pts], Fin Serv sector[+86.95pts].
NIKKEI HANG SENG Company
CMP
Change
% Chg
Zee Entertain
469.2
24.05
5.4
Tata Motors
182.65
6.9
3.93
Coal India
220.15
5.8
2.71
TCS
2,038.70
53.55
2.7
IOC
142.25
3.65
2.63
CMP
Change
% Chg
659.25 1,058.85 1,853.65 348.2 742.5
-19.55 -23.4 -40.85 -7.4 -12.4
-2.88 -2.16 -2.16 -2.08 -1.64
Top Losers Company
Indiabulls Hsg HCL Tech HDFC ICICI Bank Infosys
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
BILENERGY
1.55
0.05
3.33
CANTABIL
244
-1.8
-0.77
DALBHARAT
1,179.70
13.9
1.19
LIQUIDETF
1,000.01
0
0
112.5
0.5
0.45
Prev. Close
Change
%Chg
21STCENMGM
17.65
0
0
ADVENZYMES
146.8
-2.9
-1.91
AGRITECH ANKITMETAL ARROWGREEN
46.65 0.4 74.2
-0.9 0 -2.25
-1.78 0 -2.94
PFC
Stocks at 52 Week’s LOW Symbol
Indian Indices Company
CMP
Change
% Chg
NIFTY
10835
-44.8
-0.41
SENSEX
35973
-239
-0.66
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Special Report
27 -FEB-2019
RECOMMENDATIONS [FUTURE]
STOCK RECOMMENDATION [CASH]
1. Titan [FUTURE ]
REPCOHOME
TITAN -Titan is trading above its 100 DEMA .Our view is that stock may bounce back from lower level , recommendation is to Buy 1050 stock target will be 1055/1060 SL below 1040
Stock showing strength in last day & it is going to be continued beacuse after analysis of derivate date we have seen the increase in open interest along with the price of stock rise . Our recommendation is to buy the stock above 325 target 330/335 Sl 315 .
2. KSCL [FUTURE]
MACRO NEWS
Rising risks and recent soft data should not prevent solid growth for the US economy this year, but the Federal Reserve will remain "patient" in deciding on further interest rate hikes, Fed Chairman Jerome Powell said on Tuesday.In prepared testimony released in advance of a hearing before the US Senate Banking Committee, Powell reaffirmed the policy shift made by the US central bank in January, citing "crosscurrents and conflicting signals" that weakened the case for further rate increases and made an otherwise positive outlook less certain.
The Reserve Bank of India (RBI) on Tuesday said it would infuse Rs 12,500 crore into the system through open market operations. The RBI said it has decided to conduct purchase of certain government securities under open market operations (OMOs) for an aggregate amount of Rs 12,500 crore on February 28 through multi-security auction using the multiple price method.
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 stock not able to sustain at upper level. RSI & MACD also indicate downtrend in this stock with strong volume.Our recommendation is sell stock future in the range of 410 Target 405/400 Sl 420
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Special Report
27 -FEB-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
BANKNIFTY
CE
27,000
118
7,84,973
5,30,900
BANKNIFTY
CE
27,200 47.55
7,74,039
BANKNIFTY
CE
27,100
75
6,69,469
RELIANCE
CE
1,240
5.5
17,523
YESBANK
CE
230
5.15
14,466
YESBANK
CE
240
1.85
RELIANCE
CE
1,220
13.5
RELIANCE
CE
1,260
1.95
MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST Symbol
Optio Strike n Price Type
BANKNIFTY
PSU Banks: RBI removes Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from Prompt Corrective Action framework.
Greycells Education: American University of Ras Al4,21,160 Khaimah (AURAK) has entered into a partnership with 4,13,040 EMDI - Dubai, a wholly owned subsidiary of the company. 16,75,500
35,75,250 NIFTY FUTURE NIFTY -On daily weekly chart we have 14,059 40,74,000 identify that Head & Shoulder pattern is forming at the top . Head & shoulder & for a short term forming 11,024 6,10,500 Raising wedge pattern in technical term bearish reversal 10,666 17,58,500 pattern .Nifty breach the important level of 11000 in this week ,but closing below 11000 .On technical point of 5,823 2,83,500 view still our recommendation is to sell nifty future in
LTP
Traded Volume (Contracts)
Open Interest
PE
26,800 96.15
6,64,928
3,41,480
BANKNIFTY
PE
26,500
46
6,39,493
7,01,920
BANKNIFTY
PE
26,700
77
5,91,503
2,78,260
RELIANCE
PE
1,200
6.35
13,677
10,82,500
RELIANCE
PE
1,220
12.5
11,415
6,92,000
YESBANK
PE
220
1.45
7,353
23,27,500
TCS
PE
2,000
9.1
7,238
2,81,250
RELIANCE
PE
1,180
3.35
6,972
6,00,500
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
INDEX FUTURES
37545
2756.76
43545
INDEX OPTIONS
2680011
160200.01
STOCK FUTURES
211707
12008.66
205050
STOCK OPTIONS
132345
7753.07
135332
Amount in Crores
NET AMOUNT
3229.13
390236
30866.05
-472.3721
2653905 158636.77
836328
63659.42
1563.2382
11707.78
1540823
91189.66
300.8824
7913.80
191108
10976.46
-160.7386 1231.0099
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10977
10906
10817
10746
10658
BANKNIFTY
27329
27141
26938
26750
26658
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Special Report
27 -FEB-2019
RECOMMENDATIONS GOLD TRADING STRATEGY: GOLD BUY ABOVE 33300 Target 33350 /33370 Sl 33250 GOLD SELL BELOW 33250 Target 33210 /33180 Sl 33320
SILVER TRADING STRATEGY: Silver Buy Above 40300 Target 40340 /40380 Sl 40260 Silver Sell Below 40200 Target 40150 /40100 Sl 40300
COMMODITY ROUNDUP Gold prices edged up on Monday as the dollar fell against the yuan after U.S. President Donald Trump said he would delay an increase in tariffs on Chinese goods, while palladium surged to a record high.A strong yuan makes bullion cheaper for world's leading consumer- China.The offshore yuan strengthened 0.2 percent to 6.689 yuan CNH= against the dollar, after hitting its highest level since midJuly. USD/Trump said on Sunday that he would delay an increase in tariffs on Chinese goods that had been scheduled for later this week, citing "substantial progress" in Sino-U.S. trade talks over the weekend, and that he and his Chinese counterpart would meet to seal a deal if progress continued. gold XAU= rose 0.2 percent to $1,330.26 per ounce at 0655 GMT. U.S. gold futures GCv1 were steady at $1,332.70.Trump's extension of tariff deadline has weakened the dollar, driving gold up, said Jeffrey Halley, senior market analyst, OANDA."Gold, as it moves into the European and New York trading session, might come under pressure from the stock market," Halley said, adding that there won't be any sustained downward pressure until there is more information on the trade deal. Indonesia's palm oil output likely eased in January from a month earlier, in line with the vegetable oil's production cycle, while exports were expected to have picked up slightly, according to a Reuters survey.Palm oil output in top producer Indonesia declined 7.7 percent to 3.60 million tonnes from 3.90 million tonnes a month earlier, according to the median results of a survey of two palm oil groups and a state palm research firm.Production of the tropical oil typically falls during the first quarter of the year.Exports were estimated at 3.04 million tonnes in January, compared with 2.90 million tonnes in December.India, Indonesia's top palm buyer, cut import taxes on crude and refined palm oil from January, easing pressure on shipments. However, Indonesian palm oil is still taxed at a higher rate compared to Malaysian oil.Indonesia on Saturday offered to open up its market for India's sugar in exchange for a lower palm oil tax. the domestic use of palm oil was estimated at 1.18 million tonnes in January, compared with 1.38 million tonnes a month earlier. By the end of January, palm oil stocks were estimated to have eased to 2.85 million tonnes from 3.43 million tonnes a month ago, according to the survey.
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Special Report
27 -FEB-2019
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM MARCH ABOVE 8400 TGT 8500/8600 SL BELOW 8270 SELL GUARGUM MARCH BELOW 8250 TGT 8150/8050 SL ABOVE 8370
NCDEX INDICES Index
Value
% Change
Castor Seed Chana Coriander Cotton Seed Oilcake Guar Seed 10 MT
5264 4133 6198 1960 4191.5
0.42 0.15 2.13 -0.51 -1.1
Jeera
15230
1.48
3859 3707 6148
0.29 -0.73 0.29
Mustardseed Soy Bean Turmeric
DHANIYA TRADING STRATEGY: BUY DHANIYA APRIL ABOVE 6220 TGT 6260/6310 SL BELOW 6170 SELL DHANIYA APRIL BELOW 6130 TGT 6080/6030 SL ABOVE 6200
The Centre has drafted a national Rubber policy proposing occupational security for marginal growers through insurance and price support, introduction of auctions for Rubber trading and provision of special allocation for new plantations and replanting of Rubber.The policy also suggests setting up an independent Rubber products export promotion council for tyres and general Rubber goods, exploring the possibility of treating Rubber as an agricultural product and focussing on research and skilling in the sector.The draft recognised the need to balance the interests of Rubber growers who suffer due to falling prices in the domestic market because of indiscriminate imports and that of the user industry which wants adequate supply of Rubber at reasonable prices but could not arrive at a definite solution.The policy will also explore the possibility of treating income from Rubber production as agricultural income, in consultation with the Ministry of Agriculture and Farmers’ Welfare. Even as there is lower sugar production due to deficient rainfall in sugar season (SS) 2018-19, surplus situation continued following high carry-over stock from the last season, ratings agency India Ratings said in its latest report. Sugar production is likely to decline to around 30 million tonne in SS 2018-19 from the record high of 32.3 million tonne in SS 2017-18 due to deficient rainfall, white grub and red rot infestations in the key cane producing states of Uttar Pradesh and Maharashtra, the agency said. Despite being lower than the last season, production in SS 2018-19 is likely to exceed sugar demand of around 26 million tonne, it added.Adjusting for this buffer stock, the stock-to -consumption ratio could exceed 30 percent compared to the normal carry forward requirement of 1618 percent, the report said.Meanwhile, Ind-Ra expects that the minimum support price (MSP) hike will push up the domestic wholesale prices to around Rs 33-34 per 2018.
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Special Report
27 -FEB-2019
RBI Reference Rate Currency
Rate Currency
Rate
Rupee- $
71.3125 Yen
64.48
Euro
81.2325 GBP
92.8650
USD/INR TRADING STRATEGY: USD/INR BUY USDINR ABOVE 71.4 TGT 71.5/71.6 SL BELOW 71.2 SELL USDINR BELOW 71.25 TGT 71.15/71.05 SL ABOVE 71.35
GBP/INR TRADING STRATEGY: BUY GBPINR ABOVE 94.35 TGT 94.45/94.55 SL BELOW 94.15 SELL GBPINR BELOW 94.25 TGT 94.15/94.05 SL ABOVE 94.45
The British pound was on the front foot in early European hours on Tuesday, after both of the major parties moved closer to ensuring that a disruptive "no-deal" Brexit is avoided.The pound rose 0.4% to $1.3150 (GBP/USD) by 3:55AM ET (08:55 GMT), after climbing to a session peak of $1.3161, a level last seen on Jan. 31. It also hit a ninemonth high of 1.1590 against the euro earlier.U.K. Prime Minister Theresa May will propose formally ruling out a nodeal Brexit at a crunch cabinet meeting later in the day, opening the door to a delay of weeks or months to the scheduled March 29 exit date, The Sun newspaper reported.That news follows a move by the opposition Labour Party last night to back a second referendum on Brexit if no parliamentary majority can be found for a withdrawal agreement that would ensure a smooth transition to life outside the European Union.The news was a relief to investors who had feared Britain would crash out of the EU without a deal.Elsewhere, the U.S. dollar was lower against most other major currencies, as market participants looked ahead to testimony from Federal Reserve Chairman Jerome Powell to a U.S. Senate committee later in the session.It comes after the U.S. central bank adopted a more cautious stance on future interest rate hikes last month."The market will be looking for signs the Fed remains comfortable with the current state of policy," said Steven Dooley, currency strategist at Western Union Business Solutions. "The markets will also want to hear details about the eventual end of the Fed's balance sheet reduction program. "Sterling rallied against the dollar and the euro while stock futures dipped on Tuesday on media reports that Prime Minister Theresa May will propose formally ruling out a nodeal Brexit.As the United Kingdom's Brexit crisis goes down to the wire, May is making a last-ditch effort to get changes to the divorce package but lawmakers will try on Wednesday to grab control of Brexit in a series of parliamentary votes. the euro, the pound EURGBP=D3 rallied nearly half a percent to a one-month high at 86.31 pence. It GBP=D3 also gained 0.4 percent against the dollar at $1.3160.Futures for Britain's FTSE 100 .FTSE index FFIc1 fell to a two-week low as the pound rallied. The exporter-heavy index tends to suffer when sterling gains.
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Special Report
27 -FEB-2019
Date
Commodity/ Currency Pairs
26/2/19
NCDEX DHANIYA
APR
BUY
6340
26/2/19
NCDEX DHANIYA
APR
Sell
26/2/19
NCDEX GUARGUM5
MAR
26/2/19
NCDEX GUARGUM5
26/2/19
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
MAR
BUY
33350
33400/33475
33250
NOT EXECUTED
26/2/19
MCX GOLD
MAR
SELL
32900
32800/32800
33
TARGET
26/2/19
MCX SILVER
MAR
BUY
40700
40750/40800
40500
NOT EXECUTED
26/2/19
MCX SILVER
MAR
SELL
40400
40300/40200
40600
NOT EXECUTED
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
26/2/19
NIFTY
FUTURE
SELL
10800
10750/10700
10900
TARGET
26/2/19
TITAN
FUTURE
BUY
1040
1045/1050
1030
OPEN
26/2/19
KSCL
FUTURE
SELL
410
405/400
420
TARGET
26/2/19
REPOHOME
CASH
BUY
325
330/335
315
TARGET
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Special Report
27 -FEB-2019
TIME (ET)
REPORT
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS PERIO ACTUAL
D
FORECAST
PREVIOUS
THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, FEB. 25 8:30 am
Chicago Fed national activity index
Jan.
--
0.27
10 am
Wholesale inventories* (new date)
Dec.
--
0.3%
TUESDAY, FEB. 26 8:30 am
Housing starts* (new date)
Dec.
1.255mln
1.256mln
8:30 am
Building permits* (new date)
Dec.
--
1.322mln
9 am
Case-Shiller home price index
Dec.
--
5.2%
10 am
Consumer confidence index
Feb.
124.0
120.2
10 am
New home sales*
Jan.
-$74.0 bln
-$71.6bln
DELAYED
WEDNESDAY, FEB. 27 8:30 am
Advance trade in goods* (new date)
Dec.
8:30 am
Durable goods orders*
Jan.
10 am
Pending home sales index
Jan.
--
-2.2%
10 am
Factory orders* (new date)
Dec.
0.6%
-0.6%
DELAYED
THURSDAY, FEB. 28 8:30 am
Weekly jobless claims
2/23
223,000
216,000
8:30 am
GDP* (first & second estimates)
Q4
2.0%
3.4% (Q3)
9:45 am
Chicago PMI
Feb.
--
56.7
10 am
Housing vacancies* (new date)
Q4
9:45 am
Markit manufacturing index flash
Nov.
--
55.7
9:45 am
Markit services index flash
Nov.
--
54.8
10 am
Jerome Powell testimony
FRIDAY, MARCH 1 8:30 am
Personal income* (new date)
Dec.
0.4%
0.2%
8:30 am
Personal income
Jan.
0.3%
N/A
8:30 am
Consumer spending* (new date)
Dec.
-0.3%
0.4%
8:30 am
Consumer spending*
Jan.
8:30 am
Core inflation* (new date)
Dec.
0.2%
0.1%
8:30 am
Core inflation*
Jan.
9:45 am
Markit manufacturing PMI
Feb.
10 am
ISM manufacturing index
Feb.
10 am
Construction spending*
Jan.
10 am
Consumer sentiment index
10 am
Jerome Powell testimony
Varies
Motor vehicle sales
DELAYED DELAYED 53.7 55.3%
56.6%
Feb.
95.5
95.5
Feb.
16.8 mln
16.6 mln
DELAYED
*DELAYED BY GOVERNMENT SHUTDOWN
_____________________________________________________________________________________________________________________
Special Report
27 -FEB-2019
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Sachi n Yadav
Digitally signed by Sachin Yadav DN: cn=Sachin Yadav c=IN o=Personal Reason: I am the author of this document Location: Date: 2019-02-27 09:13+05:30
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