Special Report
30–JAN-2019
Global markets at a glance
World Indices
Wall Street was mixed on Tuesday, with Alphabet, Facebook and other technology-related shares dipping, while a rebound in 3M and other industrials elevated the Dow Jones Industrial Average.The Dow Jones Industrial Average climbed 0.21 percent to end at 24,579.96 points, while the S&P 500 lost 0.15 percent to 2,640, dragged down bytechnology and communications stocks. The Nasdaq Composite dropped 0.81 percent to 7,028.29.
Index
Value
% Change
DJI
24383
-0.37
S&P500
2643
-0.78
NASDAQ
7085
-1.11
FTSE100
6747
-0.91
20679 27660
-0.46 +0.33
Asian equities eked out modest gains on Wednesday as investors seized on Apple Inc’s earnings and comments from its chief that US-China trade tensions were easing, sending the iPhone maker’s shares soaring in after-hours trade.S&P 500 e-mini futures tacked on 0.1 percent in early trade while MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.05 percent. Japan’s Nikkei rose 0.2 percent before erasing gains.
Top Gainers
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 6.5 points or 0.06 percent. Nifty futures were trading around 10,687-level on the Singaporean Exchange. Oil prices were stable on Tuesday, pressured by a cloudy outlook for the global economy but supported by worries over disruptions to supply from US sanctions on Venezuelan exports.
Top Losers
PREVIOUS DAY ROUNDOFF Benchmark indices has made strong comeback from the lows with Nifty finished just above 10,650 level.At the close of market hours, the Sensex was down 64.20 points at 35592.50, while Nifty was down 9.30 points at 10652.20. About 1144 shares have advanced, 1346 shares declined, and 140 shares are unchanged. Adani Ports, Bharti Infratel, Bajaj Finserv, Cipla and Sun Pharma are the top gainers on the Nifty, while top losers include Eicher Motors, GAIL, Yes Bank, HPCL and L&T.Among the sectors, pharma, IT and FMCG index helped to market recovery, while some selling pressure seen in auto, bank and energy space. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-3.75pts], Consumption[+22.95pts],PSE[ -17.85pts],CPSE[1.5pts],Energy[-189.55ts],FMCG[+193.35pts],Auto[22.55pts],Pharma[+93Pts],IT[+111.2pts],Metal [+1.2pts],Realty[-1.10pts], Fin Serv sector[-41.7pts].
NIKKEI HANG SENG Company
CMP
Change
% Chg
Adani Ports
349.25
23.15
7.1
Bharti Infratel
297.35
10.05
3.5
6,233.05
182.15
3.01
505.05
12.9
2.62
422.4
10.65
2.59
CMP
Change
% Chg
18,877.25 -1,110.15 323.6 -9.6 202.9 -4.6 1,278.05 -22.4 235.3 -3.9
-5.55 -2.88 -2.22 -1.72 -1.63
Bajaj Finserv Cipla Sun Pharma Company
Eicher Motors GAIL Yes Bank Larsen HPCL
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
DALBHARAT
1,045.30
49.75
5
GOLDBEES
2,902.00
30.05
1.05
HDFCMFGETF
2,975.00
43.35
1.48
LIQUIDETF
1,000.01
0
0
QGOLDHALF
1,444.95
14.2
1
Prev. Close
Change
%Chg
10
0.1
0.91
AARVEEDEN
21.8
-0.35
-1.46
ABAN ABCAPITAL ABGSHIP
65.25 82.8 1.8
-3.05 -3.5 -0.05
-4.37 -4.01 -2.7
Stocks at 52 Week’s LOW Symbol
3PLAND
Indian Indices Company
CMP
Change
% Chg
NIFTY
10652
-9.35
-0.09
SENSEX
35592
-64.2
-0.18
_____________________________________________________________________________________________________________________
Special Report
30–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.Our 970 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. MCDOWNLL –N [FUTURE] MCDOWELL-N – Daily chart of MCDOWELL-N looking MACRO NEWS week .We have seen the trendline breakdown & also stock does not sustain at upper level . Our recommendation is to sell the stock future from 540 Target will be 530 SL 550. RSI The initial public offer of Chalet Hotels, which owns, develops and manages high-end hotels in key metro & MACD also showing that downtrend continue in this cities in India, was subscribed 7 percent on the first stock . day of bidding on Tuesday. The IPO, to raise about Rs 1,641 crore, received bids for 27,85,574 shares against the total issue size of 4,13,26,672 shares, as per the data available with the NSE.
Bank of Baroda posted a 321.6 percent year-on-year (YoY) increase in its December quarter net profit at Rs 471.21 crore on strong growth in interest income and improved asset quality.Net interest income (difference between interest earned and expended) increased to Rs 4,744 crore in Q3. Adjusting for IT refund of Rs 326 crore inDecember 2017, NII increased by 16.62 percent YoY. The domestic core fee income increased by 16.11 percent YoY to Rs 771 crore.
British lawmakers voted 327 to 296 on Tuesday against a proposal which called for parliament to consider alternative options to prevent Britain leaving the European Union without a deal.
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Special Report
30–JAN-2019
STOCKS IN NEWS
MOST ACTIVE CALL OPTION Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
BANKNIFTY
CE
27,000
62.8
6,80,443
8,41,880
BANKNIFTY
CE
26,900
98
4,35,779
NIFTY
CE
10,700 55.55
4,04,098
YESBANK
CE
220
0.75
YESBANK
CE
210
2.7
RELIANCE
CE
1,240
3.05
RELIANCE
CE
1,220
9
YESBANK
CE
230
0.4
MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST LTP
19,883
Granules India Q3: Profit jumps 72.3 percent to Rs 60 3,25,240 crore versus Rs 35 crore; revenue surges 53.8 percent to 28,46,175 Rs 631.8 crore versus Rs 410.7 crore YoY. 64,52,250
NIFTY FUTURE NIFTY -On daily & weekly chart we have 72,01,250 identify that Head & Shoulder pattern is forming at the top . Head & shoulder & for a short term forming 13,579 14,24,500 Raising wedge pattern in technical term bearish reversal 11,690 10,52,000 pattern .Nifty struggling from many weeks to breach the 11,072 43,69,750 resistense level of 11000.Closing of nifty in this week below 200 EMA & 100 EMA & RSI also showing 5,823 2,83,500 downwards movement . Our Recommendation is to sell 10600 nifty for targets 10570/10500 Sl 10700 .Upcoming Traded Open Volume Interest week is so important for the market because Govermnent is going to present Interium Budget on (Contracts) FEB,1 5,37,013 7,69,400 16,778
Symbol
Optio Strike n Price Type
BANKNIFTY
PE
26,500
BANKNIFTY
PE
26,400 56.45
4,59,462
3,17,540
BANKNIFTY
PE
26,300
40.9
3,82,252
1,70,400
RELIANCE
PE
1,200
3.75
18,546
13,80,000
RELIANCE
PE
1,220
11.1
11,519
5,57,500
YESBANK
PE
200
2.4
11,369
29,40,000
RELIANCE
PE
1,180
1.4
9,507
8,65,000
BAJFINANCE
PE
2,400
11
7,789
3,02,500
74
Godrej Consumer Q3: Profit slips 1.5 percent to Rs 424 crore versus Rs 430 crore; revenue increases 3.5 percent to Rs 2,721.9 crore versus Rs 2,630.3 crore YoY.
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
101953
7107.90
89160
6690.58
477271
37160.13
417.318
INDEX OPTIONS
1767834
110906.34
1781295
111633.96
1007052
73940.77
-727.6212
STOCK FUTURES
538912
30689.69
543871
31149.81
1497188
88025.27
-460.1203
STOCK OPTIONS
152034
8965.00
155160
9133.03
201726
11434.70
-168.0263 -938.4498
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10748
10700
10642
10593
10535
BANKNIFTY
26888
26730
26586
26428
26284
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Special Report
30–JAN-2019
RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 32600 TGT 32650/32750 SL BELOW 32500 SELL GOLD BELOW 32500 TGT 32450/32400 SL ABOVE 32650
SILVER TRADING STRATEGY: BUY SILVER ABOVE 40100 TGT 40150/4250 SL BELOW 39950 SELL SILVER BELOW 39950 TGT 39900/39800 SL ABOVE 40100
COMMODITY ROUNDUP Gold prices surged by Rs 350 to Rs 33,650 per 10 gram on Monday as buying by local jewellers gathered steam to meet wedding season demand, according to All India Sarafa Association.Silver too shone by gaining Rs 850 to Rs 40,900 per kg on increased offtake by industrial units and coin makers. As per bullion traders, gold firmed up on increased buying by jewellers to meet the ongoing wedding season demand.Besides, gold prices crossing USD 1,300 an ounce overseas influenced the sentiment in the domestic market, they said. Bullion market was closed on Saturday on account of Republic Day.Globally, gold rose to USD 1,301.82 an ounce and silver traded higher at USD 15.77 an ounce in New York.In the national capital, gold of 99.9 per cent and 99.5 per cent purities climbed Rs 350 each to Rs 33,650 and Rs 33,500 per 10 gram, respectively. Sovereign gold advanced by Rs 200 to Rs 25,700 per piece of eight gram.Silver ready rose by Rs 850 to Rs 40,900 per kg and weekly-based delivery by Rs 954 to Rs 39,990 per kg. Silver coins, too, were in good demand and traded higher by Rs 1,000 at Rs 78,000 for buying and Rs 79,000 for selling of 100 pieces, respectively. Oil prices fell 1 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, and as China, the world's secondlargest oil user, reported additional signs of an economic slowdown.International Brent crude oil futures LCOc1 were at $60.74 a barrel at 0804 GMT, down 90 cents, or 1.46 percent.U.S. crude oil futures CLc1 were at $52.84 per barrel, down 85 cents, or 1.58 percent, from their last settlement.High U.S. crude oil production C-OUT-T-EIA , which rose to a record 11.9 million barrels per day (bpd) late last year, has been weighing on oil markets, traders said.In a sign output could rise further, U.S. energy firms last week raised the number of rigs looking for new oil for the first time in 2019 to 862, an addition of 10 rigs, Baker Hughes energy services firm said in its weekly report on Friday. oil supply, a key question for this year will be the magnitude of demand growth.Oil consumption has been increasing steadily, and it will likely average above 100 million bpd for the first time ever in 2019, driven largely by a boom in China.A global economic slowdown, however, amid a trade dispute between Washington and Beijing is weighing on fuel demand-growth expectations.
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Special Report
30–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 6695/6720/6740 SL 6620 SELL DHANIYA APR BELOW 6620 TARGET 6605/6580/6560 SL 6680
India's rabi crop sowing covered 591.64 lakh hectares till 25th January 2019, down by 30 lakh hectares from 622.12 lakh hectares planted in 2017-18, according to the Agriculture Ministry’s latest data.The worst hit seems to be winter rice, which reported a shortfall of more than 21% in planting, with Andhra Pradesh and Tamil Nadu reporting a huge drop in rice acreage. Tamil Nadu, which accounts for nearly half the rice cultivation in the rabi season, reported a nearly 27% shortfall in sowing.Wheat cultivation, on the other hand, is restricted to 296.37 lakh hectares, which is 2.5% lower than the 304.88 lakh hectares reported in the corresponding week in the previous rabi season. The shortfall was mainly from Maharashtra and Gujarat, which are suffering a drought currently.The acreage under pulses dropped to 151.6 lakh hectares, a little over 6% lower than in the same period in 2017-18. The drop is mainly due to less sowing of gram - the main rabi pulse crop - in Maharashtra, Karnataka and Gujarat. Though there was a slight increase in pulses acreage in Madhya Pradesh, Jharkhand, West Bengal and Tamil Nadu, it wasn’t enough to pull up the numbers. Two pulse varieties that have reported higher sowing this year were green peas and kulthi, which are substantially higher than in the same period last year. Another group of crops hit by drought conditions is coarse cereals. The subdued sowing in Maharashtra and Karnataka has led to a 14% fall in acreage, which is 47 lakh hectares as compared to 54.63 lakh hectares in the corresponding period in the previous year. A good showing by the mustard crop, mainly in Rajasthan, has somehow helped oilseeds come up close to the levels last year. The total area covered under oilseeds so far is around 79 lakh hectares, as per the official data.
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Special Report
30–JAN-2019
RBI Reference Rate Currency
Rate Currency
Rate
Rupee- $
71.1175 Yen
65.0125
Euro
81.2450 GBP
93.69
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 93.75 TARGET 93.85 93.95 SL 93.55 SELL GBPINR FUTURE BELOW 93.55 TARGET 93.45 93.35 SL 93.75
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
30–JAN-2019
Date
Commodity/ Currency Pairs
29/1/19
NCDEX DHANIYA
APR
BUY
6680
29/1/19
NCDEX DHANIYA
APR
Sell
29/1/19
NCDEX GUARGUM5
FEB
29/1/19
NCDEX GUARGUM5
29/1/19
Contract Strategy
Entry Level
Stop Loss
Remark
6695/6720/67 40
6620
SL HIT
6620
6605/6580/65 60
66680
TARGET
BUY
8650
8665/8685/87 10
8610
TARGET
FEB
SELL
8600
8585/8560/85 40
8540
NOT EXECUTED
MCX GOLD
FEB
BUY
32200
32250/32300
32100
NOT EXECUTED
29/1/19
MCX GOLD
FEB
SELL
32000
31950/31900
32100
NOT EXECUTED
29/1/19
MCX SILVER
MAR
BUY
39200
39250/39300
39050
NOT EXECUTED
29/1/19
MCX SILVER
MAR
SELL
39000
38900/38800
39200
TARGET HIT
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
29/1/19
NIFTY
FUTURE
SELL
10600
10570/10500
10800
TARGET HIT
29/1/19
TITAN
FUTURE
BUY
970
1000/1030
940
OPEN
29/1/19
MCDOWNLL-N
FUTURE
SELL
540
530
550
NOT EXECUTED
29/1/19
REPOHOME
CASH
SELL
405
400/395
415
TARGET HIT
_____________________________________________________________________________________________________________________
Special Report
30–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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