The document provides an overview of global markets and the Indian stock market on April 4, 2019. Key points include: - Asian shares were hovering near seven-month highs as investors awaited developments in US-China trade talks. US stocks edged higher on hopes of a trade deal. - The Indian stock market ended its four-day winning streak with the Nifty and Bank Nifty closing around 0.4% and 0.8% lower due to profit booking. - Asian shares paused near an eight-month peak on April 4 as investors awaited further news on US-China trade negotiations, keeping bond yields higher globally and softening the yen.

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Special Report
04–APR -2019
Global markets at a glance
Asian shares hovered near seven-month highs early on
US stocks edged higher on Wednesday, extending a strong
start to the quarter as a rally among chipmaker shares
provided a boost to the broader market on growing hopes
of a trade deal between Washington and Beijing.Shares of
chipmakers, which rely heavily on China for revenue,
especially benefited. The Philadelphia Semiconductor index
jumped as much as 3 percent to a record high. The index
ended 2.3 percent higher.
The Dow Jones Industrial Average rose 39 points, or 0.15
percent, to 26,218.13, the S&P 500 gained 6.16 points, or
0.21 percent, to 2,873.4 and the Nasdaq Composite added
46.86 points, or 0.6 percent, to 7,895.55.
Asian shares paused near an eight-month peak on Thursday
as investors awaited developments on trade talks between
the United States and China, who appear closer to signing a
deal, nudging bond yields higher globally and softening the
safe-haven yen.MSCI’s broadest index of Asia-Pacific shares
outside Japan took a breather after five straight days of
gains took it to its highest since late August. Japan’s Nikkei
was also flat to stay near a recent one-month top.
PREVIOUS DAY ROUNDOFF
Indian equity markets ended its 4-day winning streak. An
upward momentum got disrupted in the closing hour of
trade as profit booking weighed in.Nifty & Bank Nifty index
closed ~0.4%/0.8% lower as across the board selling
pressure was seen in major heavyweights. Zee Limited was
the top index loser, shedding ~3% as open interest soared
higher, hinting a formation of heavy short positions.Nifty
PSU Bank index underperformed the benchmark index,
closing ~2.5% lower as across the board long unwinding
was witnessed in SBI, PNB, Canara Bank, etc. Nifty midcap
index underperformed the benchmark index as market
breadth ended in the favour 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 26218 +0.15
S&P500 2873 +0.21
NASDAQ 7895 +0.60
FTSE100 7418 +0.37
NIKKEI 21768 +0.26
HANG SENG 29790 -0.65
Top Gainers
Company CMP Change % Chg
Indiabulls Hsg 869.85 30.4 3.62
Maruti Suzuki 7,072.90 183.2 2.66
Bajaj Finserv 7,401.55 121.95 1.68
HCL Tech 1,120.60 18 1.63
JSW Steel 289.9 2.8 0.98
Top Losers
Company CMP Change % Chg
BPCL 363.2 -17.3 -4.55
Zee Entertain 404.55 -13.15 -3.15
IOC 153.45 -4.7 -2.97
GAIL 352.45 -10.15 -2.8
SBI 320.5 -8.5 -2.58
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 11644 -69.2 -0.59
SENSEX 38877 -179.53 -0.46
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

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Special Report
04–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 465 target 470/490 Sl 460 .
MACRO NEWS
 Oil prices dipped on Thursday, with Brent edging away
from the psychologically important USD 70 level after
easing in the previous session on data showing a
surprise build in US inventories.Brent futures eased 2
cents to $69.29 by 0100 GMT. On Wednesday, Brent
dipped 6 cents, after touching USD 69.96, the highest
since November 12, when it last traded above USD 70.
US West Texas Intermediate crude was down 14 cents,
or 0.2 percent, at USD 62.34 a barrel.
 While it's almost a given that the Reserve Bank of India
(RBI) will deliver a policy rate cut when the three-day
Monetary Policy Committee meeting ends on April 4,
hopes are high that the central bank will also do more
to address liquidity concerns.A poll of about 70
economists conducted by Reuters showed that 85
percent of the participants expect the RBI to cut the
repo rate by 25 basis points to 6percent on April 4 and
then keep the rates on hold through to the middle of
next year at least.
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 475 Target 470/480 Sl 450

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Special Report
04–APR -2019
MOST ACTIVE CALL OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 30,800 9.35 5,69,253 5,60,680
BANKNIFTY CE 30,700 15.15 5,62,247 6,27,160
BANKNIFTY CE 30,500 33.8 5,16,183 8,05,520
TATAMOTORS CE 210 6.55 9,474 43,76,000
TATAMOTORS CE 220 3.95 7,980 33,62,000
RELIANCE CE 1,400 32 6,107 16,37,000
TATAMOTORS CE 240 1.35 5,621 26,24,000
MARUTI CE 7,000 255 5,401 81,075
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 60 6,24,212 6,82,960
BANKNIFTY PE 30,200 122.1 5,93,768 2,46,000
BANKNIFTY PE 30,300 168.5 5,40,113 2,55,020
TATAMOTORS PE 200 8.05 4,608 18,00,000
MARUTI PE 6,800 67.35 3,829 1,10,475
RELIANCE PE 1,380 37.4 3,660 2,65,500
SBIN PE 320 8.7 3,611 35,91,000
TATAMOTORS PE 190 4.2 3,531 20,64,000
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 37418 2828.97 33919 2736.93 219249 17713.69 92.0446
INDEX OPTIONS 2841186 191022.58 2830434 190145.90 804337 63656.14 876.6731
STOCK FUTURES 221155 13789.21 200690 12432.92 1410192 91442.59 1356.2867
STOCK OPTIONS 99245 6153.10 99162 6122.43 87714 5624.24 30.6679
2355.6723
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 11809 11726 11678 11595 11546
BANKNIFTY 30810 30451 30244 29885 29677

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04–APR -2019
COMMODITY ROUNDUP
Gold prices edged lower on Wednesday as safe-haven
demand for the metal was hurt by a risk-conducive
environment with equities rallying to seven-month highs,
while a weaker dollar limited bullion's losses.
Spot gold XAU= edged 0.2 percent lower to $1,290.81 per
ounce as of 0742 GMT, having touched its lowest level since
March 7 at $1,284.76 in the previous session. U.S. gold
futures GCcv1 were flat at $1,295.50 an ounce."There won't
be much movement in gold prices as stocks have gone up to
their highs in Asia and investors are not seeing gold as a
good safe-haven," said Brian Lan, managing director at
dealer GoldSilver Central in Singapore.Asian shares climbed
to seven-month highs as investors lapped up signs of
progress in U.S.-China trade talks and brisk economic data.
MKTS/GLOB
Markets drew hope from White House economic adviser
Larry Kudlow, who on Tuesday said the two countries
"expect to make more headway" in trade talks this week.
Trade Representative Robert Lighthizer and Treasury
Secretary Steven Mnuchin are due to resume talks with
Chinese vice premier Liu He later on Wednesday.
The prospects of a trade resolution between the two
countries weighed on the dollar .DXY , thereby limiting
gold's losses.The dollar, which secured preference over gold
as a safe-haven against the trade-war, shed about 0.2
percent against its rivals. USD/"The yellow metal continues
to trade within the $1,280 to $1,300 range and still looks
likely to test downside support through $1,280-$1,285 as
global equities firm," MKS said in a note.Investors now
await cues on the strength of the U.S. economy from the
non-farm payrolls data due on Friday.
Oil prices rose for a fourth day on Wednesday, pushing
Brent towards a nearly five-month high of $70 a barrel as
support from OPEC-led supply cuts and U.S. sanctions
overshadowed a report showing an unexpected rise in U.S.
inventories.Brent futures LCOc1 gained 38 cents, or 0.55
percent, to $69.75 by 0900 GMT. They earlier reached
$69.96 - the highest since Nov. 12, when they last traded
above $70.U.S. West Texas Intermediate crude CLc1 rose 20
cents or 0.32 percent to $62.78, having hit $62.99, the
highest since Nov. 7."
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

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Special Report
04–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 9138 TGT 9153/9178/9198 SL
BELOW 9078
SELL GUARGUM APR BELOW 8905 TGT 8890/8865/8845 SL
ABOVE 8965
DHANIYA
TRADING STRATEGY:
BUY DHANIYA APRIL ABOVE 7144 TGT 7159/7184/7200 SL
BELOW 7084
SELL DHANIYA APRIL BELOW 6865 TGT 6850/6825/6805 SL
ABOVE 6925
India's growth is set to pick up and is expected to grow at
7.2 per cent in the current fiscal on strengthening
consumption, Asian Development Bank said in its flagship
report."Growth slowed from 7.2 per cent in fiscal 2017 to 7
per cent in 2018, with weaker agricultural output and
consumption growth curtailed by higher global oil prices
and lower government expenditure," according to the Asian
Development Outlook (ADO) 2019.It is expected to rebound
to 7.2 per cent in 2019 and 7.3 per cent in 2020 as policy
rates are cut and farmers receive income support,
bolstering domestic demand, the report stated adding that
sub-region wise, southeast Asia will sustain growth at close
to 5 per cent this year and the next.
Strengthening domestic demand will offset weaker export
growth. Strong consumption, spurred by rising incomes,
subdued inflation, and robust remittances, should boost
economic activity in the subregion, it said.
Export demand, on the other hand, is likely to soften in
2019 in line with the weaker global environment and a
muted forecast for semiconductor exports, before picking
up slightly in 2020.
Growth in global trade volumes is likely to slow down to
2.6% in 2019 compared to 3% in 2018, due to rising trade
tensions between major economic powers and increased
economic uncertainty, according to WTO estimates.
Trade growth could then rebound to 3% in 2020, but only if
there is an easing of trade tensions, said a WTO report.
World GDP growth is expected to decline from 2.9% in 2018
to 2.6% in both 2019 and 2020, the report added.“Trade
growth in 2018 was weighed down by several factors,
including new tariffs and retaliatory measures affecting
widely traded goods, weaker global economic growth,
volatility in financial markets and tighter monetary
conditions in developed countries, among others,” the
report stated.

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04–APR -2019
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 68.86 Yen 61.9250
Euro 77.6950 GBP 90.79
USD/INR
TRADING STRATEGY:
USD/INR
BUY USDINR ABOVE 68.8 TGT 68.9/69 SL BELOW 68.7
SELL USDINR BELOW 69.10 TGT 69/68.9 SL ABOVE 69.2
GBP/INR
TRADING STRATEGY:
BUY GBPINR ABOVE 90.6 TGT 90.7/90.8 SL BELOW 90.5
SELL GBPINR BELOW 90.9 TGT 90.8/90.7 SL ABOVE 91
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.

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Special Report
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Date
Commodity/
Currency Pairs
Contract Strategy Entry Level Target Stop Loss Remark
03/04/19 NCDEX DHANIYA APR BUY 6900
6915/6940/69
60
6840 NOT EXECUTED
03/04/19 NCDEX DHANIYA APR Sell 6800
6785/6760/67
40
6860 TARGET
03/04/19
NCDEX
GUARGUM5
APR BUY 8900
8915/8940/89
60
8840 TARGET
03/04/19
NCDEX
GUARGUM5
APR SELL 8800
8785/8760/87
40
8860
TARGET
03/04/19 MCX GOLD JUN BUY 31800 31850/31900 31700 NOT EXECUTED
03/04/19 MCX GOLD JUN SELL 31750 31700/31650 31850 TARGET
03/04/19 MCX SILVER JUL BUY 37700 37800/37900 37575 TARGET
03/04/19 MCX SILVER JUL SELL 37900 37800/37750 38150 TARGET
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
03/04/19 NIFTY FUTURE BUY 11700-11750 11800/11900 10900 TARGET
03/04/19 JINDAL STEEL FUTURE BUY 185-187 190-195 182 TARGET
03/04/19 KSCL FUTURE BUY 460 470/480 450 NOT EXECUTED
03/04/19 REPOHOME CASH BUY 460 465/470 450 TARGET

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Special Report
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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

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04–APR -2019
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Sachin
Yadav
Digitally signed by Sachin
Yadav
DN: cn=Sachin Yadav c=IN
o=Personal
Reason: I am the author of this
document
Location:
Date: 2019-04-04 09:21+05:30