Special Report
27-Nov-2018
Global markets at a glance
World Indices
Wall Street bounced back on Monday as bargain hunters returned in force after last week’s sell-off and expectations of a flurry of holiday cyber-spending drove up shares of retailers. All three indexes posted their biggest percentage gains in nearly three weeks.The Dow Jones Industrial Average rose 354.29 points, or 1.46 percent, to 24,640.24, the S&P 500 gained 40.89 points, or 1.55 percent, to 2,673.45 and the Nasdaq Composite added 142.87 points, or 2.06 percent, to 7,081.85.
Index
Value
% Change
DJI
24568
+0.27
S&P500
2673.45
+1.55
NASDAQ
7081.85
+2.02
FTSE100
7036
+1.18
21812 26376.18
+0.76 +1.7
NIKKEI HANG SENG
Top Gainers Company
Asian shares battled to extend a global rebound on Tuesday after US President Donald Trump seemed to quash hopes of a trade truce with China, dampening risk appetite across the region.Japan's Nikkei managed to edge up 0.4 percent, but MSCI's broadest index of Asia-Pacific shares outside Japan was all but flat. E-Mini futures for S&P 500 eased back 0.35 percent, after rising sharply overnight. Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 59.5 points or 0.56 percent. Nifty futures were trading around 10,587-level on the Singaporean Exchange PREVIOUS DAY ROUNDOFF Markets witnessed a volatile trading session, with the Nifty posting a smart recovery in the second half of the session and managing to close near the high point of the day. The Nifty ended the day 101 points higher at 10,628 led by broad-based buying, especially in FMCG stocks which was the best performing sectoral index ending the day 2.36% higher.However, the star performer in today's trade was Bank Nifty, which ended the session 366 points higher at 26,365 driven by strong gains in HDFC Bank, Axis Bank, and Indusind Bank. Yes Bank, too, witnessed a strong recovery closing at 191.5 levels after hitting an intraday low of 182.2. Tracking the derivative data points, Nifty and Bank Nifty Futures witnessed a surge in open interest to the tune of 4.78% and 21.48%, respectively, mainly fresh long . Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-0.59pts], Consumption[+1.90pts],PSE[-0.52pts],CPSE[1.28pts],Energy[+0.18pts],FMCG[2.36pts],Auto [+1.06pts],Pharma[—1.31pts],IT[+1.37pts],Metal[— 1.32pts],Realty[-+0.35 pts], Fin Serv sector[+1.18pts].
CMP
Change
% Chg
Hero Motocorp
3,076.00
158.25
5.42
HUL
1,744.00
68.9
4.11
Wipro
318.45
11.35
3.7
Axis Bank
631.05
16.5
2.68
1,349.50
35.1
2.67
CMP
Change
% Chg
187.9 146.6 510.75 250.75 2,558.60
-7.65 -5.65 -15.2 -5.9 -50.1
-3.91 -3.71 -2.89 -2.3 -1.92
Asian Paints
Top Losers Company
Yes Bank ONGC Sun Pharma Coal India Dr Reddys Labs
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
33.1
1.65
4.98
FILATEX
57
1.05
1.84
ICICILIQ
999.99
0
0
1000.01
0
0
1869.4
50.6
2.71
Prev. Close
Change
%Chg
ABGSHIP
2.5
0.05
2
ADHUNIK
2.6
0.1
3.85
39.05 2.5 4
-1.95 0 -0.2
-4.99 0 -5
ELECTROSL
LIQUIDETF VINDHYATEL
Stocks at 52 Week’s LOW Symbol
AIFL ALCHEM AMTEKAUTO
Indian Indices Company
CMP
Change
% Chg
NIFTY
10628.60
101.85
+0.97
SENSEX
35354.08
373.06
+1.07
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Special Report
27-Nov-2018
RECOMMENDATIONS [FUTURE] 1. HEROMOTO FUTURE ] On daily chart we have seen that stock close above its pivot support level . Fresh Buying we have seen in last trading session . After analysis of derivative data its indicate that traders view is to Buy the stock . Our recommendation is also Buy the stock in the range of 3120 target 3150/3170 Sl 3075
STOCK RECOMMENDATION [CASH] GODREJ CP [CASH] On daily chart we have seen that stock is forming Bullish candle. In last trading session a large bullish candle form with strong volume . After analysis of derivative data its indicate that traders view is to Buy the stock . Our recommendation is to Buy stock future from 733-735 Target 742/747/755 Sl 725 .
MACRO NEWS 2. Godrej CP [FUTURE]
Revised and simpler tax return forms as well as lower refunds will likely boost revenue collection from Goods and Services Tax (GST), which the government expects to touch to Rs 1.5 lakh crore every month from the next financial year (2019-20).“GST collections should be around Rs 1.5 lakh crore per month from next year. New return form will also help in tax evasion,” a senior government official told .
US stocks closed lower in a shortened post-holiday trading session on Friday as the energy sector tumbled on continued weakness in oil prices, and the benchmark S&P 500 confirmed its second correction of 2018.The three major US indexes all fell well over 3 percent for the week, with the Dow industrials and the Nasdaq posting their biggest weekly percentage declines since March.
Country's third largest software company HCL Technologies and NBFC major Bajaj Finance will be included in the 30-share BSE Sensex effective December 24, 2018.Wipro and Adani Ports will be excluded from the index on the same day.
On daily chart we have seen that stock is forming Bullish candle. In last trading session a large bullish candle form with strong volume . After analysis of derivative data its indicate that traders view is to Buy the stock . Our recommendation is to Buy stock future from 733-735 Target 742/747/755 Sl 725 .
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Special Report
27-Nov-2018
STOCKS IN NEWS
MOST ACTIVE CALL OPTION
Sun Pharmaceutical Industries: Company to acquire Pola Pharma in Japan by way of cash consideration of 100 million Japanese Yen (approximately $1 million). .
Symbol
Optio Strike n Price Type
LTP
Traded Volume (Contracts)
Open Interest
BANKNIFTY
CE
26,500
94.5
5,92,029
8,34,700
BANKNIFTY
CE
26,300
192
4,85,256
BANKNIFTY
CE
26,400
139
4,31,242
RELIANCE
CE
1,120
7.2
16,073
MARUTI
CE
7,500
104
11,758
1,32,975 NIFTY FUTURE
MARUTI
CE
7,600
55.9
10,158
1,16,550
RELIANCE
CE
1,140
2.65
9,845
21,74,000
YESBANK
CE
200
Volume (Contracts)
Interest
MARUTIACTIVE PUT CE OPTION 9,000 MOST Symbol
Optio Strike n Price Type
Yes Bank: Promoter companies prepaid Rs 200 crore to 3,91,300 Reliance MF and Rs 200 crore to Franklin Templeton 3,25,280 CNBC-TV18 Sources. Outstanding loans of bank promoters reduced to Rs 1,400 crore. 16,42,500
Nifty 50 on Tuesday Strong Buying pressure in market from lower level . Nifty broke the support level 10500 2.85 9,011 61,02,250 but can not sustain . Fresh buying seen fron lower level .Our recommendation is to Buy the nifty future in 111.5 5,823 2,83,500 range of 10600-10620 Target 10670/10700 SL LTP Traded Open 10550..Buy on dips strategy use by traders.
BANKNIFTY
PE
26,000
41.3
5,59,142
11,47,300
NIFTY
PE
10,500
18.8
3,94,224
43,04,175
BANKNIFTY
PE
25,800
22.9
3,89,967
4,75,600
YESBANK
PE
180
1.9
11,932
63,94,500
RELIANCE
PE
1,100
6.1
10,994
10,00,000
RELIANCE
PE
1,080
2.3
8,781
8,02,500
TCS
PE
1,800
5.75
5,659
3,06,500
MARUTI
PE
7,400 28.15
5,508
90,525
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
64832
4680.02
70832
4847.81
459747
35146.17
-167.7884
INDEX OPTIONS
1448606
88832.54
1422548
87010.61
1053228
76767.14
1821.932
STOCK FUTURES
439701
24575.05
433045
24099.84
1473795
85741.19
475.2068
STOCK OPTIONS
154804
8739.18
156774
8865.47
176312
10446.71
-126.2875 2003.0629
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
10733.4
10681
10585.4
10533
10437.4
BANKNIFTY
26633.93
26499.76
26262.43
26128.26
25890.93
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Special Report
27-Nov-2018
RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 30580 TGT 30630 30680 SL BELOW 30450 SELL GOLD BELOW 30450 TGT 30420 30360 SL ABOVE 30580
COMMODITY ROUNDUP Gold rose on Monday as fears of a slowdown in global economic growth and uncertainty surrounding the U.S. interest rate trajectory bolstered the metal's appeal ahead of a G20 meeting, with the focus on U.S.-China trade tensions. "People are moving some capital into gold at this time, given the uncertainties around the pace of rate hikes by the U.S. Federal Reserve, the U.S.-China trade war," said Brian Lan, managing director at Singapore dealer GoldSilver Central.U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet on the sidelines of a G20 summit in Argentina at the end of this week. Officials from some G20 countries, anxious to see a swift end to the Sino-U.S. trade war, are hopeful but not confident that the meeting may yield at least a partial ceasefire. growing unease regarding the G20 summit and the possibility of a deal has seen gold prices hold up relatively well," analysts at ANZ said in a note.
SILVER TRADING STRATEGY: BUY SILVER ABOVE 36250 TGT 36320 36380 SL BELOW 36100 SELL SILVER BELOW 36000 TGT 35950/35870 SL ABOVE 36150
However, analaysts said gold's direction in the near term will largely be dictated by the dollar's movement, which has significanly dented bullion's appeal as a safe haven during political and economic uncertainty.Gold declined over 10 percent from a peak in April while the dollar gained as the trade tussle unfolded against a backdrop of higher U.S. interest rates. Nagpur Soybean, Soyoil, Soymeal Open-November 26, 2018 Nagpur, Nov 26 (Reuters) – Soyabean oil & Coconut KP oil in edible section and castor oil in non-edible section, declined in Vidarbha region of Western Maharashtra today on persistent selling by stockists amid good supply from producing regions and weak trends in Madhya Pradesh oils. Sentiment turned bearish because of downward trend on NCDEX in soyabean oil. Trading activity in other edible reported weak as no trader was in mood for any commitment because of fresh fall in Maraysian palm oil prices, according to sources. China sent 102,100 tonnes of alumina to Iceland in October, according to data released by the General Administration of Customs on Monday.Other major alumina export destinations last month included Malaysia on 88,784 tonnes and the United Arab Emirates on 86,951 tonnes.
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Special Report
27-Nov-2018
RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM DEC ABOVE 8780 TARGET 8795/8815/8830 SL 8710 SELL GUARGUM ABOVE DEC 8680 TARGET 8675/8650/8630 SL 8740
NCDEX INDICES Index
Value
% Change
Barley Castor Seed Chana Coriander Cotton Seed Oilcake Guar Seed 10 MT
1862.5 5642 4619 6239 1954.5 4461
1.13 -2.73 0.95 -0.63 -2.74 -3.99
Jeera
19405
-0.18
4095 3423 6482
-1.25 -1.78 -1.11
Mustardseed Soy Bean Turmeric
DHANIYA TRADING STRATEGY: BUY DHANIYA DEC ABOVE 6240 TARGET 6260/6280/6300 SL 6170 SELL DHANIYA DEC ABOVE 6150 TARGET 6130/6100/6090 SL 6230
The Agriwatch Agri Commodities Index fell 1.07 per cent to 109.53 during the week ended Nov 24, 2018 from 110.71 the previous week due to a sharp fall in prices of potato and onion. Sugar, pulses and edible oils also declined while cereals and cotton gained. The base for the Index and all sub-Indices is 2014 (= 100). Six of the nine commodity group sub-Indices and 17 of the 29 individual commodity sub-Indices ended lower during the week. Oil prices on Monday clawed back some losses from a nearly 8 per cent plunge the previous session, with Brent jumping back above $60 per barrel, but sentiment remained weak amid a broad sell-off in financial markets in past weeks. Front-month Brent crude oil futures rose $1.31, or 2.2 per cent, to $60.11 per barrel by 0643 GMT. The gains partly made up for Friday's selloff, which traders have already dubbed 'Black Friday'. Reacting to Friday's falls in Brent and WTI, China's Shanghai crude futures on Monday fell by 5 per cent, hitting their daily downside-limit. The downward pressure comes from surging supply and a slowdown in demand growth which is expected to result in an oil supply overhang by next year. Australia-based MoooFarm Monday said it will train two lakh Indian dairy farmers by 2020 to develop their skills in areas like cattle nutrition with a view to increase farmers' income by at least 20 per cent. MoooFarm will train the farmers through UDAY, a skill development firm, which is its partner in India. The firm said it will also launch a hashtag called #TheColorofMilk on the occasion of National Milk Day, asking people to find the purity of milk. "Our master trainers are providing content to farmers for scaling up, which is being delivered through village-level entrepreneurs. Our target states include Uttar Pradesh, Madhya Pradesh, Rajasthan, Andhra Pradesh, Haryana .
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Special Report
27-Nov-2018
RBI Reference Rate Currency Rupee- $ Euro
Rate Currency
Rate
71.2775 Yen
62.2950
80.59 GBP
91.09
USD/INR TRADING STRATEGY: USD/INR BUY USDINR NOV ABOVE 71.35 TGT 71.45 71.55 SL 71.15 SELL USDINR NOV BELOW 71.15 TGT 71.05 70.9 SL 71.35
GBP/INR TRADING STRATEGY: BUY GBPINR NOV ABOVE 9 1.20 TGT 91.30 91.40 SL 91 SELL GBPINR NOV BELOW 91 TGT 90.9 90.75 SL 91.25
The Indian rupee opened 32 paise higher to trade at 71.14 per US dollar. The Indian currency had ended the previous session at 71.46 per US dollar.Increased selling of the greenback by exporters amid softening crude oil prices, and persistent foreign fund inflows pushed the Indian currency higher on Tuesday. 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 . EURUSD appreciated by 1.1 percent last week while EURINR appreciated by 0.36 percent during the same time frame. GDP data from Germany came in at - 0.2 percent against market expectations of - 0.1 percent. Meanwhile, 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 face the EU Commission's sanctions creating more rifts. .
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Special Report
27-Nov-2018
Date
Commodity/ Currency Pairs
26/11/18
NCDEX DHANIYA
DEC
BUY
6280
26/11/18
NCDEX DHANIYA
DEC
Sell
26/11/18
NCDEX GUARGUM5
DEC
26/11/18
NCDEX GUARGUM5
26/11/18
Contract Strategy
Entry Level
Stop Loss
Remark
6310/6350/63 80
6200
TARGET HIT
6190
6175/6150/61 30
6270
TARGET HIT
BUY
9200
9215/9235/92 50
9140
NOT EXECUTED
DEC
SELL
9130
9115/9100/90 70
9200
NOT EXECUTED
MCX GOLD
DEC
BUY
30580
30630/30680
30450
TARGET HIT
26/11/18
MCX GOLD
DEC
SELL
30450
30420/30360
30580
SL HIT
26/11/18
MCX SILVER
DEC
BUY
36250
36320/36380
36100
TARGET HIT
26/11/18
MCX SILVER
DEC
SELL
36000
35950/35870
36150
NOT EXECUTED
Entry Level
Target
Stop Loss
Remark
Target
Date
Scrip
CASH/ FUTURE/ Strategy OPTION
26/11/18
NIFTY
FUTURE
BUY
10600/10620
10650/10680/ 10700
10540
SL HIT
26/11/18
Amarraja Battery
FUTURE
SELL
710
700/690
720
TARGET HIT
26/11/18
KPIT
FUTURE
SELL
200
195/190
205
26/11/18
Amarraja Battery
CASH
SELL
710
700/690
720
Sl HIT
TARGET HIT
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Special Report
27-Nov-2018
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)
REPORT
PERIOD
ACTUAL
FORECAST
PREVIO US
MONDAY, NOV. 26 8:30 am
Chicago Fed national activity index
Oct.
0.17
TUESDAY, NOV. 27 9 am
Case-Shiller house prices
Sept.
10 am
Consumer confidence index
Nov.
137.9
WEDNESDAY, NOV. 28 8:30 am
GDP
Q3
3.5%
8:30 am
Advance trade in goods
Oct.
$76.0bl n
10 am
New home sales
Oct.
553,000
THURSDAY, NOV. 29 8:30 am
Weekly jobless claims
11/24
8:30 am
Personal income
Oct.
0.2%
8:30 am
Consumer spending
Oct.
0.4%
8:30 9:45am am 9:45 am
10 am 2 pm
Core manufacturing inflation index flash Markit
Nov.
Markit services index flash
Nov.
Pending home sales
Oct. Oct.
--
55.7
--
54.8
0.1% 0.5%
FOMC minutes
FRIDAY, NOV. 30 9:45 am
Chicago PMI
Nov.
58.4
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