SlideShare a Scribd company logo
1 of 9
Download to read offline
_____________________________________________________________________________________________________________________
Special Report
03–APR -2019
Global markets at a glance
The benchmark S&P 500 stock index paused on Tuesday,
taking a breather from Monday’s strong quarterly kickoff as
a decline in shares of Walgreens Boots Alliance Inc weighed
and economic data did little to ease growth concerns.The
Dow Jones Industrial Average fell 79.29 points, or 0.30%, to
26,179.13, the S&P 500 gained 0.05 points to 2,867.24, and
the Nasdaq Composite added 19.78 points, or 0.25%, to
7,848.69.
Asian shares hovered near seven-month highs early on
Wednesday as global investors paused for breath after the
strong rally seen earlier this week, while oil approached the
key USD 70 per barrel mark.MSCI’s broadest index of Asia-
Pacific shares outside Japan was up less than 0.1 percent
early in the Asian trading day. Australian shares were up
0.6 percent, while Japan’s Nikkei stock index added 0.2
percent.A positive opening is likely as Nifty Futures on
Singaporean Exchange were trading over 8.5 points higher.
The futures traded around 11,795-odd levels.
Oil prices rose for a fourth day on Wednesday, holding firm
despite an industry report showing that US inventories rose
unexpectedly last week, with supply cuts and sanctions
supporting the market.Brent futures rose 22 cents, or 0.3
percent, to $69.59 a barrel by 0028 GMT.
PREVIOUS DAY ROUNDOFF
Indian equity markets continued its upward momentum
with the Nifty index closing ~0.4% higher on Tuesday.
The Nifty PSU Bank index was among the top
outperformers, closing ~1% higher led by SBI, which has
added long positions since the start of the April series.Tata
Motors and Bharti Airtel were the top open interest gainers
adding long positions with a surge of ~8.5% and 5%,
respectively in the stock price. Conversely, the Nifty Midcap
index underperformed the benchmark index as market
breadth ended in favor of the declines.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Commodities[-21.10pts],
C o n s u m p t i o n [ - 3 . 7 5 p t s ] , P S E [ + 9 . 3 0 p t s ] , C P S E
[+7.10pts],Energy[-8.60pts],FMCG[-120pts],Auto
[+89.95pts],Pharma[-78.45pts],IT[+147.75pts],Metal[-
13.20pts],Realty[+6.20pts], Fin Serv sector[+38.95pts].
World Indices
Index Value % Change
DJI 26179 -0.30
S&P500 2867 +0.00
NASDAQ 7848.49 +0.25
FTSE100 7391 +1.01
NIKKEI 21669 +0.76
HANG SENG 29820 +0.66
Top Gainers
Company CMP Change % Chg
Tata Motors 202.95 15.6 8.33
Bharti Airtel 356.45 15.65 4.59
Eicher Motors 20,583.50 535.1 2.67
TCS 2,079.30 47.65 2.35
GAIL 362.6 7.9 2.23
Top Losers
Company CMP Change % Chg
HPCL 273.95 -9.85 -3.47
Zee Entertain 417.7 -14 -3.24
BPCL 380.5 -11.4 -2.91
Bajaj Auto 2,853.10 -62.55 -2.15
Sun Pharma 469.7 -9.15 -1.91
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
ASIANPAINT 1,523.45 30 2.01
BAJAJFINSV 7,311.00 139.2 1.94
BAJFINANCE 3,077.00 71.55 2.38
BILENERGY 3.6 0.15 4.35
BALAXI 41.85 1.95 4.89
Indian Indices
Company CMP Change % Chg
NIFTY 11713 +44 +0.38
SENSEX 39056.65 +184.78 +0.48
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
CHROMATIC 0.85 0 0
CYBERMEDIA 4.6 0.15 3.16
CYIENT 570 -69.2 -10.65
DNAMEDIA 1.15 -0.05 -4.17
GENESYS 94.25 0 0
_____________________________________________________________________________________________________________________
Special Report
03–APR -2019
STOCK RECOMMENDATION [CASH]
REPCOHOME
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 460 target 465/470 Sl 450 .
MACRO NEWS
 US President Donald Trump said on Monday he
intends to end India’s preferential trade treatment
under a program that allows $5.6 billion worth of
Indian exports to enter the United States duty free.
Trump, who has vowed to reduce US trade deficits,
has repeatedly called out India for its high tariffs.“I am
taking this step because, after intensive engagement
between the United States and the Government of
India, I have determined that India has not assured the
United States that it will provide equitable and
reasonable access to the markets of India,” Trump said
in a letter to congressional leaders
 China set a 2019 budget deficit target that’s higher
than last year’s ratio and said its fiscal policy would be
more “proactive and effective”. The Ministry of
Finance said on Tuesday that it is targeting a budget
deficit of 2.8 percent of gross domestic product (GDP)
for this year, compared with 2018’s 2.6 percent
target.Policymakers have pledged to step up support
for the cooling economy this year, following a raft of
measures in 2018 including fast-tracked infrastructure
projects and cuts in banks’ reserve requirements and
taxes.
RECOMMENDATIONS [FUTURE]
1. Jindal Steel [FUTURE ]
Jindal Steel — Stock is trading in channel line & strong
buying seen in last week in this stock . In last week buying in
metal sector & stock specific like Vedanta , Jindal , Tata
Steel. Our recommendation is to Buy in the range 185-187
Target 190-195 Sl below 182 .
2. KSCL [FUTURE]
KSCL— In KSCL we have seen Buying in this week , we may
expect that it will be continue in upcoming week also. On
Technical point of view seen trend line breakout & also stock
bounce back RSI & MACD also indicate upmove in this stock
with strong volume.Our recommendation is Buy stock future
in the range of 460 Target 470/480 Sl 450
_____________________________________________________________________________________________________________________
Special Report
03–APR -2019
MOST ACTIVE CALL OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 30,500 213 4,34,554 4,23,120
BANKNIFTY CE 30,700 130.2 4,20,137 3,73,400
BANKNIFTY CE 30,600 162.95 3,66,687 3,90,780
TATAMOTORS CE 200 12 15,932 40,96,000
TATAMOTORS CE 210 7.45 11,954 29,72,000
TATAMOTORS CE 220 4.35 9,573 24,52,000
SBIN CE 340 7.15 6,521 1,65,12,000
RELIANCE CE 1,400 40 6,015 13,96,500
MARUTI CE 9,000 111.5 5,823 2,83,500MOST ACTIVE PUT OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY PE 30,000 42 6,53,375 6,83,920
BANKNIFTY PE 30,200 76.6 3,34,214 3,25,920
BANKNIFTY PE 30,100 54.9 3,22,110 3,25,740
TATAMOTORS PE 180 2.2 5,421 25,88,000
TATAMOTORS PE 190 4.05 5,275 20,02,000
TCS PE 2,000 24.85 4,555 7,69,250
RELIANCE PE 1,380 32.65 4,164 2,86,000
RELIANCE PE 1,360 24.55 3,767 6,49,500
FII DERIVATIVES STATISTICS
BUY OPEN INTEREST AT THE END OF THE DAY
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES 32355 2533.07 40841 3199.87 215281 17173.14 -666.7974
INDEX OPTIONS 1278167 87372.33 1270874 86734.58 755268 60475.66 637.7477
STOCK FUTURES 220022 13566.68 211998 13178.58 1379319 89408.43 388.1047
STOCK OPTIONS 104038 6347.42 100258 6193.38 60146 3983.20 154.0382
513.0932
SELL
STOCKS IN NEWS
Karnataka Bank: Bank targets Rs 1,44,000 crore business
turnover for FY20.
Cipla's wholly owned subsidiary in USA i.e. Cipla
Technologies LLC, has signed a binding term sheet today
with Pulmatrix Inc
NIFTY FUTURE NIFTY -On weekly chart Nifty close with
green candle,during this week nifty was traded in a
brode range of 235 points. On Nifty we may expect
new all time high will see before starting first phase of
election April 17,2019 . In last week FII infuse more than
6000 cr & selling by DII in cash Rs 435 cr, which was less
as we compare to last week data . After analysis of data
suggest that 11500-11600 work as support & OI addtion
seen in 11700-11800 works as resistance . Our
recommendation is to Buy Nifty 50 in the range 11700-
11750 Target 11800/11900 SL below 11600.
INDICES R2 R1 PIVOT S1 S2
NIFTY 11772 11743 11699 11669 11625
BANKNIFTY 30618 30486 30320 30189 30023
_____________________________________________________________________________________________________________________
Special Report
03–APR -2019
COMMODITY ROUNDUP
Gold prices steadied near their lowest in about four-weeks
on Tuesday as robust economic data from the United States
and China tempered concerns of a global slowdown,
boosting the dollar and riskier assets.
Spot gold XAU= was up 0.1 percent at $1,288.53 per ounce
at 1007 GMT, having touched its lowest since March 7 at
$1,284.76 earlier. U.S. gold futures GCv1 fell about 0.2
percent to $1,292.30 an ounce."Gold continues to struggle
with the bullishness we are seeing across the other
sectors ... Today, the primary driver is the continuous
strength of the dollar," said Saxo Bank analyst Ole
Hansen."(Global slowdown) concerns are most certainly
easing. It's too early to say they are gone but they have
eased, and with that, also the need to have protection."
World stocks hovered just under a six-month high,
supported by strong manufacturing data from the United
States and China, while the dollar index .DXY rose to a three
-week high against a basket of rival currencies, making
bullion expensive for holders of other currencies. MKTS/
GLOB USD/Investors are also keeping a close watch on Sino-
U.S. trade negotiations, set to resume later this week in
Washington with a Chinese delegation led by Vice Premier
Liu He.
Gold prices slipped on Tuesday to their lowest in more than
three weeks as waning concerns about a global economic
slowdown lifted equities to multi-month highs, denting the
precious metal's safe-haven appeal.
Spot gold XAU= was down 0.1 percent at $1,286.41 per
ounce by 0732 GMT, after touching its lowest since March 7
at $1,284.76 earlier in the session. U.S. gold futuresGCv1 fell
about 0.2 percent to $1,291.40 an ounce."Concerns we saw
emerge in the past few weeks around economic growth has
certainly eased and that shift (in sentiment) in the past day
or two resulted in little bit of selling in gold market," ANZ
analyst Daniel Hynes said."Most of the global growth is
coming from China and the (Chinese) data over the
weekend eased those concerns."Strong manufacturing data
from the United States and China triggered a massive sell-
off in the U.S. bond market on Monday, which in turn lifted
Asian equities to seven-month highs. US/ MKTS/GLOB
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
GOLD BUY ABOVE 31800 Target 31850/31900 Sl 31700
GOLD SELL BELOW 31750 Target 31700/31650 Sl 31850
SILVER
TRADING STRATEGY:
Silver Buy Above 37700 Target 37800/37900 Sl 37575
Silver Sell Below 37900 Target 37800/3750 Sl 38150
_____________________________________________________________________________________________________________________
Special Report
03–APR -2019
NCDEX INDICES
Index Value % Change
Castor Seed 4100 -0.46
Chana 6268 -1.72
Coriander 1936 -1.14
Cotton Seed Oilcake 4146.5 0.33
Guar Seed 10 MT 15440 0.03
Jeera 3840 -0.42
Mustardseed 3637 -0.55
Soy Bean 6238 0.64
Turmeric 6148 0.29
RECOMMENDATIONS
GUARGUM5
TRADING STRATEGY:
BUY GUARGUM APR ABOVE 9110 TGT 9140/9180 SL
BELOW 9080
SELL GUARGUM APR BELOW 9000 TGT 8960/8900 SL
ABOVE 9040
DHANIYA
TRADING STRATEGY:
BUY DHANIYA APRIL ABOVE 6900 TGT 6950/7050 SL
BELOW 6850
SELL DHANIYA APRIL BELOW 6850 TGT 6800/6700 SL
ABOVE 6900
Indonesia’s palm and palm kernel oil exports in February
rose 16.7 percent from a year earlier to 2.77 million tonnes,
the Indonesia Palm Oil Association (GAPKI) said in a
statement.On a monthly basis, shipments dropped almost
11 percent in February, which the association said was due
to fewer working days in the month.At the end of February,
domestic stocks of palm oil stood at 2.5 million tonnes,
down from January’s 3 million tonnes, it said.
The government has permitted moong dal imports of up to
1.5 lakh tonne in a fiscal year.This quota restriction will not
apply to the government's import commitments under any
bilateral or regional agreement or Memorandum of
Understanding, PTI reported citing an official
notification."Import of Moong shall be subject an annual
(fiscal year) quota of 1.5 lakh million tonnes as per
procedure to be notified by Directorate General of Foreign
Trade," an official notification said.The notification came
into effect from April 1, 2019.
The Coffee Board of India has activated a blockchain-based
marketplace app, in a bid to provide better returns to
coffee growers by removing middlemen.The Indian Coffee
Board hopes the initiative will help build the brand of Indian
Coffee as a luxury, premium beverage, and eliminate the
need for intermediaries in the supply chain vertical.With
this, the Coffee Board of India has taken the third spot in
launching a blockchain coffee trading app, after France and
Ethiopia.The app, launched by commerce minister Suresh
Prabhu last September, was activated on Thursday after
months of testing with farmers and traders.Blockchain
based market place app while bringing transparency in the
trade of Indian coffee, maintain the traceability of Indian
coffee from bean to cup so as the consumer tastes real
Indian coffee and the grower is paid fairly for his coffee
produced.
_____________________________________________________________________________________________________________________
Special Report
03–APR -2019
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 69.21 Yen 62.3675
Euro 77.8125 GBP 90.43
USD/INR
TRADING STRATEGY:
USD/INR
BUY USDINR ABOVE 69.15 TGT 69.25/69.35 SL BELOW
69.05
SELL USDINR BELOW 69.3 TGT 69.2/69.10 SL ABOVE 69.42
GBP/INR
TRADING STRATEGY:
BUY GBPINR ABOVE 90.6 TGT 90.72/90.82 SL BELOW 90.45
SELL GBPINR BELOW 90.35 TGT 90.25/90.15 SL ABOVE
90.45
While the trade optimism pushed the dollar lower against
most Asian currencies, it helped erase the greenback's
earlier losses against the safe-haven yen JPY= , which
followed U.S. President Donald Trump's criticism about
Federal Reserve monetary policy and a strong dollar. dollar
traded at 111.96 yen JPY= , near a 10-week high of 112.08
on Friday. It had dipped to 111.75 yen after Trump's
comments on the Fed. have a gentleman that likes a very
strong dollar at the Fed...I want a strong dollar, but I want
a dollar that's great for our country not a dollar that is so
strong that it is prohibitive for us to be dealing with other
nations," he told his supporters in a speech.
The rupee on Tuesday recovered from the day's low to
finally settle at 68.74 against the US dollar with gains of 40
paise amid sustained foreign fund inflows and heavy
buying in domestic equities. Forex dealers said foreign
fund inflows in the debt and equity markets helped the
rupee recover.
At the Interbank Foreign Exchange (forex), the domestic
currency opened lower at 69.32 a dollar but recovered the
losses during the day and touched the day's high of 68.70.
It finally settled at 68.74 per dollar, up 40 paise over its
previous close.A panel of economists, including former
Chief Economic Adviser Arvind Virmani, Tuesday called for
at least 0.25 percentage point rate cut in the RBI's first
monetary policy of the current fiscal to be unveiled later
this week. Virmani said that it is for the RBI to understand
that the real interest rate in India right now is very high."It
is high time time to ease monetary policy," Virmani said
during a panel discussion on RBI monetary policy organised
by Assocham-EGROW Foundation.
Ashima Goyal, Professor of Economics, Indira Gandhi
Institute of Development Research and Member, Prime
Minister's Economic Advisory Council, and Upasana
Bhardwaj, Senior Economist, Vice President Kotak
Mahindra Bank, also participated in the discussion.
_____________________________________________________________________________________________________________________
Special Report
03–APR -2019
Date
Commodity/
Currency Pairs
Contract Strategy Entry Level Target Stop Loss Remark
01/04/19 NCDEX DHANIYA APR BUY 6900
6915/6940/69
60
6840 NOT EXECUTED
01/04/19 NCDEX DHANIYA APR Sell 6800
6785/6760/67
40
6860 TARGET
01/04/19
NCDEX
GUARGUM5
APR BUY 8900
8915/8940/89
60
8840 TARGET
01/04/19
NCDEX
GUARGUM5
APR SELL 8800
8785/8760/87
40
8860
TARGET
01/04/19 MCX GOLD MAR BUY 33350 33400/33475 33250 NOT EXECUTED
01/04/19 MCX GOLD MAR SELL 32900 32800/32800 33 TARGET
01/04/19 MCX SILVER MAR BUY 40700 40750/40800 40500 NOT EXECUTED
01/04/19 MCX SILVER MAR SELL 40400 40300/40200 40600 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
01/04/19 NIFTY FUTURE BUY 10750/10700 10900 TARGET
01/04/19 JINDAL STEEL FUTURE BUY 180-182 187/190 177 TARGET
01/04/19 KSCL FUTURE BUY 460 470/480 450 NOT EXECUTED
29/03/19 REPOHOME CASH BUY 460 465/470 450 TARGET
_____________________________________________________________________________________________________________________
Special Report
03–APR -2019
NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS
9:45 am Markit manufacturing index flash Nov. -- 55.7
9:45 am Markit services index flash Nov. -- 54.8
TIME (ET) REPORT PERIOD
ACTU
AL
FORECAS
T
PREVIOUS
THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK.
MONDAY, APRIL 1
8:30 am Retail sales* (new date) Feb. 0.3% 0.2%
8:30 am
Retail sales ex-autos*
(new date)
Feb. 0.4% 0.9%
9:45 am Markit manufacturing PMI (final) March -- 52.5
10 am ISM manufacturing index March 54.6% 54.2%
10 am Construction spending Feb. -0.1% 1.3%
10 am
Business inventories*
(new date)
Jan. -- 0.6%
TUESDAY, APRIL 2
8:30 am Durable goods orders* (new date) Feb. -2.0% 0.3%
8:30 am Core capex orders* (new date) Feb. -- 0.8%
Varies Motor vehicle sales March 16.8mln 16.6mln
WEDNESDAY, APRIL 3
8:15 am ADP employment report March -- 183,000
9:45 am Markit services PMI (final) March -- 54.8
10 am ISM nonmanufacturing index March 58.3% 59.7%
THURSDAY, APRIL 4
8:30 am Weekly jobless claims 3/30 -- --
FRIDAY, APRIL 5
8:30 am Nonfarm payrolls March 173,000 20,000
8:30 am Unemployment rate March 3.8% 3.8%
8:30 am Average hourly earnings March 0.2% 0.4%
3 pm Consumer credit Feb. -- $17 bln
*DELAYED BY GOVERNMENT SHUTDOWN
_____________________________________________________________________________________________________________________
Special Report
03–APR -2019
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but
we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the
product/s that suits them the most. Sincere efforts have been made to present the right investment perspective.
The information contained herein is based on analysis and up on sources that we consider reliable. This material
is for personal information and based upon it & takes no responsibility. The information given herein should be
treated as only factor, while making investment decision. The report does not provide individually tailor-made
investment advice. Epic research recommends that investors independently evaluate particular investments and
strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be
responsible for any transaction conducted based on the information given in this report, which is in violation of
rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future
price performance. The information herein, together with all estimates and forecasts, can change without notice.
Analyst or any person related to epic research might be holding positions in the stocks recommended. It is
understood that anyone who is browsing through the site has done so at his free will and does not read any
views expressed as a recommendation for which either the site or its owners or anyone can be held responsible
for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved.
Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the
completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss
which may arise from the recommendations above epic research does not purport to be an invitation or an offer
to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights
to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is
received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
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: 2019-04-03
09:26+05:30

More Related Content

What's hot

What's hot (20)

Special report-21-feb-2019-epic-research
Special report-21-feb-2019-epic-researchSpecial report-21-feb-2019-epic-research
Special report-21-feb-2019-epic-research
 
Special report-23-may-2018-epic-research
Special report-23-may-2018-epic-researchSpecial report-23-may-2018-epic-research
Special report-23-may-2018-epic-research
 
Special report-12-feb-2019-epic-research
Special report-12-feb-2019-epic-researchSpecial report-12-feb-2019-epic-research
Special report-12-feb-2019-epic-research
 
Special report -29-nov 2018
Special  report -29-nov 2018Special  report -29-nov 2018
Special report -29-nov 2018
 
Special report 10 apr 2019 epic research
Special report 10 apr 2019 epic researchSpecial report 10 apr 2019 epic research
Special report 10 apr 2019 epic research
 
Epic research special stock market report 23rd sep 2016
Epic research special stock market report 23rd sep 2016Epic research special stock market report 23rd sep 2016
Epic research special stock market report 23rd sep 2016
 
Special Report 15 April 2019 Epic Research
Special Report 15 April 2019 Epic ResearchSpecial Report 15 April 2019 Epic Research
Special Report 15 April 2019 Epic Research
 
Special report-07-mar-2019-epic-research
Special report-07-mar-2019-epic-researchSpecial report-07-mar-2019-epic-research
Special report-07-mar-2019-epic-research
 
Special report-01-june-2018-epic-research
Special report-01-june-2018-epic-researchSpecial report-01-june-2018-epic-research
Special report-01-june-2018-epic-research
 
Advice For The Wise - February, 2016
Advice For The Wise - February, 2016Advice For The Wise - February, 2016
Advice For The Wise - February, 2016
 
Special report-15-mar-2019-epic-research
Special report-15-mar-2019-epic-researchSpecial report-15-mar-2019-epic-research
Special report-15-mar-2019-epic-research
 
The World This Week - 15th Feb to 19th Feb, 2016
The World This Week - 15th Feb to 19th Feb, 2016The World This Week - 15th Feb to 19th Feb, 2016
The World This Week - 15th Feb to 19th Feb, 2016
 
Special report-22-feb-2019-epic-research
Special report-22-feb-2019-epic-researchSpecial report-22-feb-2019-epic-research
Special report-22-feb-2019-epic-research
 
The World This Week - 8th Feb to - 12th Feb, 2016
The World This Week - 8th Feb to - 12th Feb, 2016The World This Week - 8th Feb to - 12th Feb, 2016
The World This Week - 8th Feb to - 12th Feb, 2016
 
Special report-06-mar-2019-epic-research
Special report-06-mar-2019-epic-researchSpecial report-06-mar-2019-epic-research
Special report-06-mar-2019-epic-research
 
Special report-26-feb-2019-epic-research
Special report-26-feb-2019-epic-researchSpecial report-26-feb-2019-epic-research
Special report-26-feb-2019-epic-research
 
Special report-12-june-2018-epic-research
Special report-12-june-2018-epic-researchSpecial report-12-june-2018-epic-research
Special report-12-june-2018-epic-research
 
Special report-01-jan-2019-epic-research
Special report-01-jan-2019-epic-researchSpecial report-01-jan-2019-epic-research
Special report-01-jan-2019-epic-research
 
Special report-05-dec-2018-epicx research
Special report-05-dec-2018-epicx researchSpecial report-05-dec-2018-epicx research
Special report-05-dec-2018-epicx research
 
Special report-03-dec-2018-epic-research
Special report-03-dec-2018-epic-researchSpecial report-03-dec-2018-epic-research
Special report-03-dec-2018-epic-research
 

Similar to Special report-03-apr-2019-epic-research

Similar to Special report-03-apr-2019-epic-research (14)

Special report-09-apr-2019-epic-research
Special report-09-apr-2019-epic-researchSpecial report-09-apr-2019-epic-research
Special report-09-apr-2019-epic-research
 
Special report-05-mar-2019-epic-research
Special report-05-mar-2019-epic-researchSpecial report-05-mar-2019-epic-research
Special report-05-mar-2019-epic-research
 
Special report-13-feb-2019-epic-research
Special report-13-feb-2019-epic-researchSpecial report-13-feb-2019-epic-research
Special report-13-feb-2019-epic-research
 
Special report-01-mar-2019-epic-research
Special report-01-mar-2019-epic-researchSpecial report-01-mar-2019-epic-research
Special report-01-mar-2019-epic-research
 
Special report-22-may-2018-epic-research
Special report-22-may-2018-epic-researchSpecial report-22-may-2018-epic-research
Special report-22-may-2018-epic-research
 
Special report-for- 27-nov-2018-epic research
Special report-for- 27-nov-2018-epic researchSpecial report-for- 27-nov-2018-epic research
Special report-for- 27-nov-2018-epic research
 
Special report-30-jan-2019-epic-research
Special report-30-jan-2019-epic-researchSpecial report-30-jan-2019-epic-research
Special report-30-jan-2019-epic-research
 
Special report-13-dec-2018-epic-research
Special  report-13-dec-2018-epic-researchSpecial  report-13-dec-2018-epic-research
Special report-13-dec-2018-epic-research
 
Special report-3-july-2018-epic-research
Special report-3-july-2018-epic-researchSpecial report-3-july-2018-epic-research
Special report-3-july-2018-epic-research
 
Special report-11-mar-2019-epic-research
Special report-11-mar-2019-epic-researchSpecial report-11-mar-2019-epic-research
Special report-11-mar-2019-epic-research
 
Special report-24-dec-2018-epic-research
Special report-24-dec-2018-epic-researchSpecial report-24-dec-2018-epic-research
Special report-24-dec-2018-epic-research
 
Special report-12-april-2019-Epic-Research
Special report-12-april-2019-Epic-ResearchSpecial report-12-april-2019-Epic-Research
Special report-12-april-2019-Epic-Research
 
Special report-27-dec-2018-epic-research
Special report-27-dec-2018-epic-researchSpecial report-27-dec-2018-epic-research
Special report-27-dec-2018-epic-research
 
Special report-14-dec-epic-research-2018
Special report-14-dec-epic-research-2018Special report-14-dec-epic-research-2018
Special report-14-dec-epic-research-2018
 

Recently uploaded

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Sheetaleventcompany
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Dipal Arora
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
Renandantas16
 

Recently uploaded (20)

Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 

Special report-03-apr-2019-epic-research

  • 1. _____________________________________________________________________________________________________________________ Special Report 03–APR -2019 Global markets at a glance The benchmark S&P 500 stock index paused on Tuesday, taking a breather from Monday’s strong quarterly kickoff as a decline in shares of Walgreens Boots Alliance Inc weighed and economic data did little to ease growth concerns.The Dow Jones Industrial Average fell 79.29 points, or 0.30%, to 26,179.13, the S&P 500 gained 0.05 points to 2,867.24, and the Nasdaq Composite added 19.78 points, or 0.25%, to 7,848.69. Asian shares hovered near seven-month highs early on Wednesday as global investors paused for breath after the strong rally seen earlier this week, while oil approached the key USD 70 per barrel mark.MSCI’s broadest index of Asia- Pacific shares outside Japan was up less than 0.1 percent early in the Asian trading day. Australian shares were up 0.6 percent, while Japan’s Nikkei stock index added 0.2 percent.A positive opening is likely as Nifty Futures on Singaporean Exchange were trading over 8.5 points higher. The futures traded around 11,795-odd levels. Oil prices rose for a fourth day on Wednesday, holding firm despite an industry report showing that US inventories rose unexpectedly last week, with supply cuts and sanctions supporting the market.Brent futures rose 22 cents, or 0.3 percent, to $69.59 a barrel by 0028 GMT. PREVIOUS DAY ROUNDOFF Indian equity markets continued its upward momentum with the Nifty index closing ~0.4% higher on Tuesday. The Nifty PSU Bank index was among the top outperformers, closing ~1% higher led by SBI, which has added long positions since the start of the April series.Tata Motors and Bharti Airtel were the top open interest gainers adding long positions with a surge of ~8.5% and 5%, respectively in the stock price. Conversely, the Nifty Midcap index underperformed the benchmark index as market breadth ended in favor of the declines. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-21.10pts], C o n s u m p t i o n [ - 3 . 7 5 p t s ] , P S E [ + 9 . 3 0 p t s ] , C P S E [+7.10pts],Energy[-8.60pts],FMCG[-120pts],Auto [+89.95pts],Pharma[-78.45pts],IT[+147.75pts],Metal[- 13.20pts],Realty[+6.20pts], Fin Serv sector[+38.95pts]. World Indices Index Value % Change DJI 26179 -0.30 S&P500 2867 +0.00 NASDAQ 7848.49 +0.25 FTSE100 7391 +1.01 NIKKEI 21669 +0.76 HANG SENG 29820 +0.66 Top Gainers Company CMP Change % Chg Tata Motors 202.95 15.6 8.33 Bharti Airtel 356.45 15.65 4.59 Eicher Motors 20,583.50 535.1 2.67 TCS 2,079.30 47.65 2.35 GAIL 362.6 7.9 2.23 Top Losers Company CMP Change % Chg HPCL 273.95 -9.85 -3.47 Zee Entertain 417.7 -14 -3.24 BPCL 380.5 -11.4 -2.91 Bajaj Auto 2,853.10 -62.55 -2.15 Sun Pharma 469.7 -9.15 -1.91 Stocks at 52 Week’s HIGH Symbol Prev. Close Change %Chg ASIANPAINT 1,523.45 30 2.01 BAJAJFINSV 7,311.00 139.2 1.94 BAJFINANCE 3,077.00 71.55 2.38 BILENERGY 3.6 0.15 4.35 BALAXI 41.85 1.95 4.89 Indian Indices Company CMP Change % Chg NIFTY 11713 +44 +0.38 SENSEX 39056.65 +184.78 +0.48 Stocks at 52 Week’s LOW Symbol Prev. Close Change %Chg CHROMATIC 0.85 0 0 CYBERMEDIA 4.6 0.15 3.16 CYIENT 570 -69.2 -10.65 DNAMEDIA 1.15 -0.05 -4.17 GENESYS 94.25 0 0
  • 2. _____________________________________________________________________________________________________________________ Special Report 03–APR -2019 STOCK RECOMMENDATION [CASH] REPCOHOME 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 460 target 465/470 Sl 450 . MACRO NEWS  US President Donald Trump said on Monday he intends to end India’s preferential trade treatment under a program that allows $5.6 billion worth of Indian exports to enter the United States duty free. Trump, who has vowed to reduce US trade deficits, has repeatedly called out India for its high tariffs.“I am taking this step because, after intensive engagement between the United States and the Government of India, I have determined that India has not assured the United States that it will provide equitable and reasonable access to the markets of India,” Trump said in a letter to congressional leaders  China set a 2019 budget deficit target that’s higher than last year’s ratio and said its fiscal policy would be more “proactive and effective”. The Ministry of Finance said on Tuesday that it is targeting a budget deficit of 2.8 percent of gross domestic product (GDP) for this year, compared with 2018’s 2.6 percent target.Policymakers have pledged to step up support for the cooling economy this year, following a raft of measures in 2018 including fast-tracked infrastructure projects and cuts in banks’ reserve requirements and taxes. RECOMMENDATIONS [FUTURE] 1. Jindal Steel [FUTURE ] Jindal Steel — Stock is trading in channel line & strong buying seen in last week in this stock . In last week buying in metal sector & stock specific like Vedanta , Jindal , Tata Steel. Our recommendation is to Buy in the range 185-187 Target 190-195 Sl below 182 . 2. KSCL [FUTURE] KSCL— In KSCL we have seen Buying in this week , we may expect that it will be continue in upcoming week also. On Technical point of view seen trend line breakout & also stock bounce back RSI & MACD also indicate upmove in this stock with strong volume.Our recommendation is Buy stock future in the range of 460 Target 470/480 Sl 450
  • 3. _____________________________________________________________________________________________________________________ Special Report 03–APR -2019 MOST ACTIVE CALL OPTION Symbol Optio n Type Strike Price LTP Traded Volume (Contracts) Open Interest BANKNIFTY CE 30,500 213 4,34,554 4,23,120 BANKNIFTY CE 30,700 130.2 4,20,137 3,73,400 BANKNIFTY CE 30,600 162.95 3,66,687 3,90,780 TATAMOTORS CE 200 12 15,932 40,96,000 TATAMOTORS CE 210 7.45 11,954 29,72,000 TATAMOTORS CE 220 4.35 9,573 24,52,000 SBIN CE 340 7.15 6,521 1,65,12,000 RELIANCE CE 1,400 40 6,015 13,96,500 MARUTI CE 9,000 111.5 5,823 2,83,500MOST ACTIVE PUT OPTION Symbol Optio n Type Strike Price LTP Traded Volume (Contracts) Open Interest BANKNIFTY PE 30,000 42 6,53,375 6,83,920 BANKNIFTY PE 30,200 76.6 3,34,214 3,25,920 BANKNIFTY PE 30,100 54.9 3,22,110 3,25,740 TATAMOTORS PE 180 2.2 5,421 25,88,000 TATAMOTORS PE 190 4.05 5,275 20,02,000 TCS PE 2,000 24.85 4,555 7,69,250 RELIANCE PE 1,380 32.65 4,164 2,86,000 RELIANCE PE 1,360 24.55 3,767 6,49,500 FII DERIVATIVES STATISTICS BUY OPEN INTEREST AT THE END OF THE DAY No. of Contracts Amount in Crores No. of Contracts Amount in Crores No. of Contracts Amount in Crores NET AMOUNT INDEX FUTURES 32355 2533.07 40841 3199.87 215281 17173.14 -666.7974 INDEX OPTIONS 1278167 87372.33 1270874 86734.58 755268 60475.66 637.7477 STOCK FUTURES 220022 13566.68 211998 13178.58 1379319 89408.43 388.1047 STOCK OPTIONS 104038 6347.42 100258 6193.38 60146 3983.20 154.0382 513.0932 SELL STOCKS IN NEWS Karnataka Bank: Bank targets Rs 1,44,000 crore business turnover for FY20. Cipla's wholly owned subsidiary in USA i.e. Cipla Technologies LLC, has signed a binding term sheet today with Pulmatrix Inc NIFTY FUTURE NIFTY -On weekly chart Nifty close with green candle,during this week nifty was traded in a brode range of 235 points. On Nifty we may expect new all time high will see before starting first phase of election April 17,2019 . In last week FII infuse more than 6000 cr & selling by DII in cash Rs 435 cr, which was less as we compare to last week data . After analysis of data suggest that 11500-11600 work as support & OI addtion seen in 11700-11800 works as resistance . Our recommendation is to Buy Nifty 50 in the range 11700- 11750 Target 11800/11900 SL below 11600. INDICES R2 R1 PIVOT S1 S2 NIFTY 11772 11743 11699 11669 11625 BANKNIFTY 30618 30486 30320 30189 30023
  • 4. _____________________________________________________________________________________________________________________ Special Report 03–APR -2019 COMMODITY ROUNDUP Gold prices steadied near their lowest in about four-weeks on Tuesday as robust economic data from the United States and China tempered concerns of a global slowdown, boosting the dollar and riskier assets. Spot gold XAU= was up 0.1 percent at $1,288.53 per ounce at 1007 GMT, having touched its lowest since March 7 at $1,284.76 earlier. U.S. gold futures GCv1 fell about 0.2 percent to $1,292.30 an ounce."Gold continues to struggle with the bullishness we are seeing across the other sectors ... Today, the primary driver is the continuous strength of the dollar," said Saxo Bank analyst Ole Hansen."(Global slowdown) concerns are most certainly easing. It's too early to say they are gone but they have eased, and with that, also the need to have protection." World stocks hovered just under a six-month high, supported by strong manufacturing data from the United States and China, while the dollar index .DXY rose to a three -week high against a basket of rival currencies, making bullion expensive for holders of other currencies. MKTS/ GLOB USD/Investors are also keeping a close watch on Sino- U.S. trade negotiations, set to resume later this week in Washington with a Chinese delegation led by Vice Premier Liu He. Gold prices slipped on Tuesday to their lowest in more than three weeks as waning concerns about a global economic slowdown lifted equities to multi-month highs, denting the precious metal's safe-haven appeal. Spot gold XAU= was down 0.1 percent at $1,286.41 per ounce by 0732 GMT, after touching its lowest since March 7 at $1,284.76 earlier in the session. U.S. gold futuresGCv1 fell about 0.2 percent to $1,291.40 an ounce."Concerns we saw emerge in the past few weeks around economic growth has certainly eased and that shift (in sentiment) in the past day or two resulted in little bit of selling in gold market," ANZ analyst Daniel Hynes said."Most of the global growth is coming from China and the (Chinese) data over the weekend eased those concerns."Strong manufacturing data from the United States and China triggered a massive sell- off in the U.S. bond market on Monday, which in turn lifted Asian equities to seven-month highs. US/ MKTS/GLOB RECOMMENDATIONS GOLD TRADING STRATEGY: GOLD BUY ABOVE 31800 Target 31850/31900 Sl 31700 GOLD SELL BELOW 31750 Target 31700/31650 Sl 31850 SILVER TRADING STRATEGY: Silver Buy Above 37700 Target 37800/37900 Sl 37575 Silver Sell Below 37900 Target 37800/3750 Sl 38150
  • 5. _____________________________________________________________________________________________________________________ Special Report 03–APR -2019 NCDEX INDICES Index Value % Change Castor Seed 4100 -0.46 Chana 6268 -1.72 Coriander 1936 -1.14 Cotton Seed Oilcake 4146.5 0.33 Guar Seed 10 MT 15440 0.03 Jeera 3840 -0.42 Mustardseed 3637 -0.55 Soy Bean 6238 0.64 Turmeric 6148 0.29 RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM APR ABOVE 9110 TGT 9140/9180 SL BELOW 9080 SELL GUARGUM APR BELOW 9000 TGT 8960/8900 SL ABOVE 9040 DHANIYA TRADING STRATEGY: BUY DHANIYA APRIL ABOVE 6900 TGT 6950/7050 SL BELOW 6850 SELL DHANIYA APRIL BELOW 6850 TGT 6800/6700 SL ABOVE 6900 Indonesia’s palm and palm kernel oil exports in February rose 16.7 percent from a year earlier to 2.77 million tonnes, the Indonesia Palm Oil Association (GAPKI) said in a statement.On a monthly basis, shipments dropped almost 11 percent in February, which the association said was due to fewer working days in the month.At the end of February, domestic stocks of palm oil stood at 2.5 million tonnes, down from January’s 3 million tonnes, it said. The government has permitted moong dal imports of up to 1.5 lakh tonne in a fiscal year.This quota restriction will not apply to the government's import commitments under any bilateral or regional agreement or Memorandum of Understanding, PTI reported citing an official notification."Import of Moong shall be subject an annual (fiscal year) quota of 1.5 lakh million tonnes as per procedure to be notified by Directorate General of Foreign Trade," an official notification said.The notification came into effect from April 1, 2019. The Coffee Board of India has activated a blockchain-based marketplace app, in a bid to provide better returns to coffee growers by removing middlemen.The Indian Coffee Board hopes the initiative will help build the brand of Indian Coffee as a luxury, premium beverage, and eliminate the need for intermediaries in the supply chain vertical.With this, the Coffee Board of India has taken the third spot in launching a blockchain coffee trading app, after France and Ethiopia.The app, launched by commerce minister Suresh Prabhu last September, was activated on Thursday after months of testing with farmers and traders.Blockchain based market place app while bringing transparency in the trade of Indian coffee, maintain the traceability of Indian coffee from bean to cup so as the consumer tastes real Indian coffee and the grower is paid fairly for his coffee produced.
  • 6. _____________________________________________________________________________________________________________________ Special Report 03–APR -2019 RBI Reference Rate Currency Rate Currency Rate Rupee- $ 69.21 Yen 62.3675 Euro 77.8125 GBP 90.43 USD/INR TRADING STRATEGY: USD/INR BUY USDINR ABOVE 69.15 TGT 69.25/69.35 SL BELOW 69.05 SELL USDINR BELOW 69.3 TGT 69.2/69.10 SL ABOVE 69.42 GBP/INR TRADING STRATEGY: BUY GBPINR ABOVE 90.6 TGT 90.72/90.82 SL BELOW 90.45 SELL GBPINR BELOW 90.35 TGT 90.25/90.15 SL ABOVE 90.45 While the trade optimism pushed the dollar lower against most Asian currencies, it helped erase the greenback's earlier losses against the safe-haven yen JPY= , which followed U.S. President Donald Trump's criticism about Federal Reserve monetary policy and a strong dollar. dollar traded at 111.96 yen JPY= , near a 10-week high of 112.08 on Friday. It had dipped to 111.75 yen after Trump's comments on the Fed. have a gentleman that likes a very strong dollar at the Fed...I want a strong dollar, but I want a dollar that's great for our country not a dollar that is so strong that it is prohibitive for us to be dealing with other nations," he told his supporters in a speech. The rupee on Tuesday recovered from the day's low to finally settle at 68.74 against the US dollar with gains of 40 paise amid sustained foreign fund inflows and heavy buying in domestic equities. Forex dealers said foreign fund inflows in the debt and equity markets helped the rupee recover. At the Interbank Foreign Exchange (forex), the domestic currency opened lower at 69.32 a dollar but recovered the losses during the day and touched the day's high of 68.70. It finally settled at 68.74 per dollar, up 40 paise over its previous close.A panel of economists, including former Chief Economic Adviser Arvind Virmani, Tuesday called for at least 0.25 percentage point rate cut in the RBI's first monetary policy of the current fiscal to be unveiled later this week. Virmani said that it is for the RBI to understand that the real interest rate in India right now is very high."It is high time time to ease monetary policy," Virmani said during a panel discussion on RBI monetary policy organised by Assocham-EGROW Foundation. Ashima Goyal, Professor of Economics, Indira Gandhi Institute of Development Research and Member, Prime Minister's Economic Advisory Council, and Upasana Bhardwaj, Senior Economist, Vice President Kotak Mahindra Bank, also participated in the discussion.
  • 7. _____________________________________________________________________________________________________________________ Special Report 03–APR -2019 Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 01/04/19 NCDEX DHANIYA APR BUY 6900 6915/6940/69 60 6840 NOT EXECUTED 01/04/19 NCDEX DHANIYA APR Sell 6800 6785/6760/67 40 6860 TARGET 01/04/19 NCDEX GUARGUM5 APR BUY 8900 8915/8940/89 60 8840 TARGET 01/04/19 NCDEX GUARGUM5 APR SELL 8800 8785/8760/87 40 8860 TARGET 01/04/19 MCX GOLD MAR BUY 33350 33400/33475 33250 NOT EXECUTED 01/04/19 MCX GOLD MAR SELL 32900 32800/32800 33 TARGET 01/04/19 MCX SILVER MAR BUY 40700 40750/40800 40500 NOT EXECUTED 01/04/19 MCX SILVER MAR SELL 40400 40300/40200 40600 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 01/04/19 NIFTY FUTURE BUY 10750/10700 10900 TARGET 01/04/19 JINDAL STEEL FUTURE BUY 180-182 187/190 177 TARGET 01/04/19 KSCL FUTURE BUY 460 470/480 450 NOT EXECUTED 29/03/19 REPOHOME CASH BUY 460 465/470 450 TARGET
  • 8. _____________________________________________________________________________________________________________________ Special Report 03–APR -2019 NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS 9:45 am Markit manufacturing index flash Nov. -- 55.7 9:45 am Markit services index flash Nov. -- 54.8 TIME (ET) REPORT PERIOD ACTU AL FORECAS T PREVIOUS THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, APRIL 1 8:30 am Retail sales* (new date) Feb. 0.3% 0.2% 8:30 am Retail sales ex-autos* (new date) Feb. 0.4% 0.9% 9:45 am Markit manufacturing PMI (final) March -- 52.5 10 am ISM manufacturing index March 54.6% 54.2% 10 am Construction spending Feb. -0.1% 1.3% 10 am Business inventories* (new date) Jan. -- 0.6% TUESDAY, APRIL 2 8:30 am Durable goods orders* (new date) Feb. -2.0% 0.3% 8:30 am Core capex orders* (new date) Feb. -- 0.8% Varies Motor vehicle sales March 16.8mln 16.6mln WEDNESDAY, APRIL 3 8:15 am ADP employment report March -- 183,000 9:45 am Markit services PMI (final) March -- 54.8 10 am ISM nonmanufacturing index March 58.3% 59.7% THURSDAY, APRIL 4 8:30 am Weekly jobless claims 3/30 -- -- FRIDAY, APRIL 5 8:30 am Nonfarm payrolls March 173,000 20,000 8:30 am Unemployment rate March 3.8% 3.8% 8:30 am Average hourly earnings March 0.2% 0.4% 3 pm Consumer credit Feb. -- $17 bln *DELAYED BY GOVERNMENT SHUTDOWN
  • 9. _____________________________________________________________________________________________________________________ Special Report 03–APR -2019 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. 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: 2019-04-03 09:26+05:30