Special Report
28–JAN-2019
Global markets at a glance The S&P 500 edged higher but the Dow closed nominally lower on Thursday as lingering anxieties about slowing global growth and unresolved trade disputes undercut a spate of strong earnings, while chipmakers rallied to give the Nasdaq a solid gain.Fourth-quarter earnings continued to be generally positive, but U.S. Commerce Secretary Wilbur Ross’ comments that the United States and China were “miles and miles” from reaching a trade agreement curbed investor enthusiasm.The Dow Jones Industrial Average fell 22.38 points, or 0.09 percent, to 24,553.24, the S&P 500 gained 3.63 points, or 0.14 percent, to 2,642.33 and the Nasdaq Composite added 47.70 points, or 0.68 percent, to 7,073.46. Asian stocks inched higher on Friday, buoyed by gains in US technology shares, but gains were capped by worries over slowing growth in Europe and caution ahead of several key events next week including US-China trade talks.MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent. The index was headed for a loss of 0.1 percent this week. Australian stocks climbed 0.5 percent, South Korea’s KOSPI added 0.7 percent. Japan’s Nikkei advanced 1 percent.Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 56.5 points or 0.52 percent. Nifty futures were trading around 10,942-l PREVIOUS DAY ROUNDOFF Indian benchmark indices witnessed a volatile trading session and ended the day in red after witnessing a sharp selloff in the second half of the session.Zee Entertainment Enterprises & DishTV saw massive short buildup with both the stocks tumbling over 30% during today's trade. Nifty Midcap reeled under selling pressure throughout the day, closing ~1.5% lower, while Nifty IT gained upward momentum, closing ~0.6% higher.The market breadth ended in favor of declines with the advance/decline ratio at 1:3x. Nifty and Bank Nifty futures added fresh short buildup as the indices continued to witness selling pressure at higher levels. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-41.75pts], C o n s u m p t i o n [ - 1 1 1 . 2 0 p t s ] , P S E [ - 1 7 . 7 5 p t s ] , CP S E [ 11.55pts],Energy[ -20.35ts],FMCG[-98.7pts],Auto[277.45pts],Pharma[ -3.5Pts],IT[+67.45pts],Metal[ 35.95pts],Realty[-10.55pts], Fin Serv sector[-61.55pts].
World Indices Index
Value
% Change
DJI
24655
-0.17
S&P500
2664
+0.85
NASDAQ
7164
+1.29
FTSE100
6809
-0.14
20679 27660
-0.46 +0.33
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
279.75
16.75
6.37
HCL Tech
969.4
22.95
2.42
Yes Bank
219.6
4.2
1.95
Bharti Airtel
307.5
5.85
1.94
507.65
6.95
1.39
CMP
Change
% Chg
318.4 6,513.40 3,510.80 2,670.15 744.5
-115.45 -527.2 -279.9 -120.05 -29
-26.61 -7.49 -7.38 -4.3 -3.75
Bharti Infratel
Cipla
Top Losers Company
Zee Entertain Maruti Suzuki UltraTechCement Hero Motocorp Indiabulls Hsg
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
548
-346.25
-40.08
995.55
47.4
5
1,000.01
-0.02
0
REFEX
25.9
-1.25
-4.83
SAGARDEEP
99.9
0
0
Prev. Close
Change
%Chg
21.35
0.35
1.61
1.85
-0.05
-2.63
155 19.25 21.9
-4.5 -1 -0.55
-2.81 -4.94 -2.43
CESCVENT DALBHARAT LIQUIDETF
Stocks at 52 Week’s LOW Symbol
21STCENMGM ABGSHIP ADVENZYMES AIFL AKSHOPTFBR
Indian Indices Company
CMP
Change
% Chg
NIFTY
10780
-69.3
-0.64
SENSEX
36025
-169.56
-0.47
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Special Report
28–JAN-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.Ou recommendation is to Buy stock target will be 1000/1030 SL below 940 .
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 405 for the target of 400/390 with the stop loss of 415
2. SIEMENS [FUTURE] Stock siemens near to its resistense level 1075. If resistense level breakout we get then we expect move of 100-150 MACRO NEWS points in up side . In last week we have seen that stock is traded in a particular range . Derivative data also suggest India's economy is expected to grow at 7.4 percent that traders are bullish on this stock .Our recommendation is during 2018-19 and improve to 7.6 percent in the next to buy the stock in the range of 1010 Target 1020/1030 Sl fiscal, said a UN report on Wednesday. The United 990 Nations' World Economic Situation and Prospects (WESP) 2019 report also expects India's gross domestic product (GDP) to expand by 7.4 percent in 202021."Growth continues to be underpinned by robust private consumption, a more expansionary fiscal stance and benefits from previous reforms," said the report.
Oil prices edged lower on Friday as a surprise increase in US inventories offset support from the threat of lower production in Venezuela. International Brent crude oil futures were at $61.01 a barrel at 0124 GMT, down 8 cents their last settlement. Brent futures closed down 0.1 percent in the previous session.US West Texas Intermediate (WTI) crude futures were at $53.08 per barrel, down 6 cents from their last settlement. WTI futures closed up 1 percent on
_____________________________________________________________________________________________________________________
Special Report
28–JAN-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
BANKNIFTY
CE
27,500
67.1
4,33,611
12,05,360
BANKNIFTY
CE
27,600
45
3,79,214
BANKNIFTY
CE
27,700
31.5
3,77,611
YESBANK
CE
230
3.4
21,560
YESBANK
CE
240
1.95
19,536
RELIANCE
CE
1,260
11.2
18,288
MARUTI
CE
7,200
6.25
17,559
RELIANCE
CE
1,280
5.4
16,348
MARUTIACTIVE PUT CE OPTION 9,000 111.5 5,823 MOST Symbol
Optio Strike n Price Type
BANKNIFTY
PE
NIFTY
IDBI Bank: Bank approved in-principle, proposal to reinitiate divestment process of IDBI stake in IDBI Federal Life Insurance.
Automotive Stampings Q3: Loss at Rs 5.7 crore versus 3,65,140 loss Rs 11.8 crore; revenue rises to Rs 103.7 crore versus 2,86,520 Rs 94.3 crore YoY.
49,94,500
NIFTY FUTURE NIFTY -On daily & weekly chart we have 51,85,250 identify that Head & Shoulder pattern is forming at the top . Head & shoulder & for a short term forming 14,64,500 Raising wedge pattern in technical term bearish reversal 1,84,950 pattern .Nifty struggling from many weeks to breach the 18,21,000 resistense level of 11000.Closing of nifty in this week below 200 EMA & 100 EMA & RSI also showing 2,83,500 downwards movement . Our Recommendation is to sell nifty for targets 10570/10500 Sl 10920 .Upcoming week Open Interest is so important for the market because Govermnent is going to present Interium Budget on FEB,1
LTP
Traded Volume (Contracts)
27,000
127
4,76,145
8,74,820
PE
10,800
87.2
2,95,042
34,63,575
BANKNIFTY
PE
27,200
196
2,87,790
3,05,460
YESBANK
PE
220
5.9
17,874
16,94,000
MARUTI
PE
7,000 552.05
17,759
1,04,025
MARUTI
PE
6,500
153
17,592
57,900
RELIANCE
PE
1,240
11.1
16,518
9,25,000
MARUTI
PE
6,400
115
13,885
89,550
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
40571
2841.94
44691
3352.85
477288
37690.41
-510.9057
INDEX OPTIONS
2532804
146966.55
2513341
146042.19
940726
71021.52
924.3648
STOCK FUTURES
221190
12955.59
211091
12384.52
1440158
87180.18
571.0714
STOCK OPTIONS
155088
9148.69
154144
9095.22
197885
11532.77
53.4624 1037.9929
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10998
10889
10822
10714
10647
BANKNIFTY
27586
27350
27198
26962
26809
_____________________________________________________________________________________________________________________
Special Report
28–JAN-2019
RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 32200 TGT 32250/32300 SL BELOW 32100 SELL GOLD BELOW 32000 TGT 31950/31900 SL ABOVE 32100
SILVER TRADING STRATEGY: BUY SILVER ABOVE 39200 TGT 39250/39300 SL BELOW 39050 SELL SILVER BELOW 39000 TGT 38900/38700 SL ABOVE 39200
COMMODITY ROUNDUP Gold struggled to build on the overnight attempted rebound and remained under some selling pressure for the second consecutive session.The precious metal failed to capitalize on the early uptick to the $1285 area, with a combination of negative forces contributing to the prevalent weaker sentiment for the fifth session in the previous six.After yesterday's volatile swing in the US equities, signs of stability returning back to the global financial markets dented demand for traditional safe-haven assets and prompting some selling around the precious metal.This coupled with some buying seen around the US Dollar, despite a weaker tone around the US Treasury bond yields, exerted some additional downward pressure on the dollardenominated commodity.However, the partial US government shutdown and dovish Fed expectations might keep a lid on any runaway rally for the greenback and should help limit any sharp downfall for the non-yielding yellow metal.Hence, it would be prudent to wait for a strong follow-through selling before confirming that the commodity might have already topped out near the key $1300 psychological mark and positioning for any further depreciating move. Oil prices declined on Thursday on lingering concerns that slowing global economic growth may limit fuel demand and after a surprise build in U.S. crude inventories.International Brent crude oil futures LCOc1 were at $60.90 a barrel at 0745 GMT, down 24 cents, or 0.4 percent, from their last settlement.U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $52.44 per barrel, 18 cents lower from their last close."The crude market is now focussing on global growth concerns primarily ... It looks to be viewing inventory readings (as) secondary," said Hue Frame, portfolio manager at Frame Funds in Sydney."The IMF downgrading 2019/20 and the continued rhetoric from Davos reiterating that they expect global growth to slow down over the next two years is providing selling pressure in oil," Frame said.Earlier this week, the International Monetary Fund (IMF) cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets. leaders and top executives are meanwhile meeting in Davos, Switzerland, to discuss how to steer policy amid worries of slowing economic growth, damaging trade wars and Brexit. market sentiment was also weakened by a surprise increase in U.S. crude inventories after refineries cut output, data from industry group the American Petroleum Institute showed on Wednesday.
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Special Report
28–JAN-2019
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM FEB ABOVE 8650 TARGET 8665/8685/8710 SL 8490 SELL GUARGUM FEB BELOW 8600 TARGET 8585/8560/8540 SL 8660
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 APR ABOVE 6680 TARGET 6665/6640/6620 SL 6740 SELL DHANIYA APR BELOW 6620 TARGET 6605/6580/6560 SL 6680
The government is planning to link 22,000 mandis across the country with the National Agriculture Market (e-NAM), an online trading platform for agricultural commodities by 2021-22, Union Agriculture Minister said. Already 585 mandis have been linked with e-NAM.The minister said that the government is implementing several programs to develop the agricultural sector.The budgetary outlay of the Agriculture Ministry has been increased to Rs 2,11,694 crore during 2014-19, to develop and implement schemes to improve the farmers' situation in the countryPradhan Mantri Fasal Bima Yojana' is one such scheme which aims to reduce the risks associated with agriculture, is being implemented across the country. With an expected 10% shortfall in the production of Pulses this year, the prices are likely to shoot up. Retail prices of Moong and Tur have already jumped Rs 4-10 a kg in the past 15 days.In 2018-19, the production is likely to be 22 million tonnes, just enough to meet India’s requirement of 25 million tonnes, with a buffer stock of 36 lakh tonnes.Area under cultivation of kharif Pulses (OctoberMarch) has dropped from 157 lakh hectares to 149 lakh hectares till last week. Ground reports also suggest a downfall in the production of rabi (June-September) Pulses. Cold waves and untimely rains may further damage the standing crop.There had been a bumper crop of Pulses in the past two seasons which prompted India to cut down on imports as well as export the excess quantity. In 2016-17, India produced 23.13 million tonnes of Pulses, followed by an even better crop size of 25.23 million tonnes in 2017-18. India's crude oil production declined 4.3% to 2.86 million tonnes in December 2018 over December 2017. Crude oil output of ONGC fell 5.4% to 1.76 million tonnes, while that of Oil India declined 4.7% to 0.27 million tonnes.
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Special Report
28–JAN-2019
RBI Reference Rate Currency
Rate Currency
Rupee- $
71.09 Yen
64.8
80.6425 GBP
92.5775
Euro
Rate
USD/INR TRADING STRATEGY: USD/INR BUY USDINR FUTURE ABOVE 71.20 TARGET 71.30 71.4 SL 71 SELL USDINR FUTURE BELOW 69.95 TARGET 69.85 69.75 SL 71.15
GBP/INR TRADING STRATEGY: BUY GBPINR FUTURE ABOVE 92.8 TARGET 92.9 93 SL 92.6 SELL GBPINR FUTURE BELOW 92.75 TARGET 92.65 92.55 SL 92.95
The euro fell on Thursday ahead of a European Central Bank meeting in which policymakers may express caution about slowing economic growth.The ECB is expected to reaffirm its plan to raise interest rates by the end of the year but traders will focus on how explicitly, if at all, the central bank acknowledges the slow-downThe euro has lost around 1.6 percent of its value over the last two weeks as investors bet the ECB will keep monetary policy accommodative for an extended period.If recent weakerthan-expected economic activity in Germany and France leads ECB President Mario Draghi to point to a potentially longer lasting slowdown, that could hurt the euro."We see a risk of modest dovish bias from Draghi today given the long stream of the soft euro zone data and look for the euro to test $1.1310," said ING FX strategist Petr Krpata.At 0830 the euro was down 0.2 percent at $1.1355 EUR=EBS .Germany, France and Italy, the euro zone's biggest economies, barely grew in the fourth quarter and French business activity fell unexpectedly this month, a survey showed on Thursday. ECB holds its first meeting of the year at a time when concerns are also growing about global trade tensions and Brexit.Sterling traded marginally lower at $1.3043, hovering near highs last seen in mid-November in a sign traders expect Britain to avoid a chaotic exit from the European Union.Some analysts expect limited upside for sterling. Philip Wee, currency strategist at DBS says that most of the gains in the pound are due to the unwinding of short positions. He sees sterling capped in the range of $1.3170-1.3240 The U.S. dollar pushed higher against a basket of its rivals on Thursday but gains were held in check amid concerns over global growth, the U.S. government shutdown and the ongoing U.S.-China trade war."Trade tensions are the most dominant factor for investor sentiment right now and will drive market flows," said Nick Twidale, chief operating officer at Rakuten Securities.Twidale added that investor risk appetite will only improve once concerns over the partial U.S. government shutdown and trade tensions fade.
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Special Report
28–JAN-2019
Date
Commodity/ Currency Pairs
25/1/19
NCDEX DHANIYA
APR
BUY
6700
25/1/19
NCDEX DHANIYA
APR
Sell
25/1/19
NCDEX GUARGUM5
FEB
25/1/19
NCDEX GUARGUM5
25/1/19
Contract Strategy
Entry Level
Stop Loss
Remark
6715/6740/67 60
6640
NOT EXECUTED
6620
6605/6580/65 60
66680
TARGET
BUY
8750
8765/8785/88 10
8690
NOT EXECUTED
FEB
SELL
8700
8685/8660/86 40
88760
NOT EXECUTED
MCX GOLD
FEB
BUY
32200
32250/32300
32100
NOT EXECUTED
25/1/19
MCX GOLD
FEB
SELL
32000
31950/31900
32100
NOT EXECUTED
25/1/19
MCX SILVER
MAR
BUY
39200
39250/39300
39050
NOT EXECUTED
25/1/19
MCX SILVER
MAR
SELL
39000
38900/38800
39200
TARGET HIT
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
25/1/19
NIFTY
FUTURE
BUY
10850
10920/10970
10750
OPEN
25/1/19
BIOCON
FUTURE
BUY
670
675/680
660
OPEN
25/1/19
SIEMENS
FUTURE
BUY
1055
1065/1070
1030
NOT EXECUTED
25/1/19
REPOHOME
CASH
SELL
405
400/395
415
OPEN
_____________________________________________________________________________________________________________________
Special Report
28–JAN-2019
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)
REPORT
PERIOD ACTUAL
FORECAST
PREVIOUS
Dec.
--
0.22
THE GOVERNMENT SHUTDOWN COULD DELAY THE RELEASE OF SOME DATA THIS WEEK MONDAY, JAN. 28
8:30 am
Chicago Fed national activity index
TUESDAY, JAN. 29
8:30 am
Advance trade in goods*
Dec.
--
N/A
9 am
Case-Shiller house prices
Nov.
--
5.5%
10 am
Consumer confidence index
Jan.
124.0
128.1
10 am
Homeownership rate
--
64.4%
WEDNESDAY, JAN. 30
8:15 am
ADP employment
Jan.
--
271,000
8:30 am
Gross domestic product*
Q4
2.6%
3.4%
10 am
Pending home sales
Dec.
--
-0.7%
2 pm
FOMC announcement
2.25-2.5%
2.25-2.5%
2:30 pm
Jerome Powell press conference
THURSDAY, JAN. 31
8:30 am
Weekly jobless claims
1/1926
214,000
199,000
8:30 am
Employment cost index
Q4
0.8%
0.8%
8:30 am
Personal income*
Dec.
0.5%
0.2%
8:30 am
Consumer spending*
Dec.
0.3%
0.4%
8:30 am
Core inflation*
Dec.
0.2%
0.1%
9:45 am
Chicago PMI
Jan.
--
65.4
Jan.
177,000
312,000
FRIDAY, FEB. 1
8:30 am
Nonfarm payrolls
9:45 amam MarkitUnemployment manufacturing index 8:30 rate flash
Nov.
Jan.
--
55.7 3.9%
3.9%
9:45 amam MarkitAverage services hourly index flash 8:30 earnings
Nov.
Jan.
--
54.8 0.2%
0.4%
9:45 am
Markit manufacturing PMI
Jan.
--
54.9
10 am
ISM manufacturing index
Jan.
54.3%
54.1%
10 am
Construction spending*
Dec.
--
N/A
10 am
Consumer sentiment index
Jan.
90.8
90.7
Varies
Motor vehicle sales
Jan.
17.2 mln
17.5 mln
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