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_____________________________________________________________________________________________________________________
Special Report
14–MAR-2019
Global markets at a glance
US stocks rose on Wednesday, led by gains in healthcare
shares, and Boeing edged upward even as the United
States joined other nations in grounding the company’s 737
MAX jets.The Dow Jones Industrial Average rose 148.23
points, or 0.58 percent, to 25,702.89, the S&P 500 gained
19.4 points, or 0.69 percent, to 2,810.92 and the Nasdaq
Composite added 52.37 points, or 0.69 percent, to
7,643.41.
Asian shares paused on Thursday as investors awaited data
from China for clues about the health of the world’s second
largest economy while the pound shot up to near nine-
month highs as the risk of a no-deal Brexit receded
following a late-night vote.MSCI’s broadest index of Asia-
Pacific shares outside Japan was barely changed at 522.38
points. Japan’s Nikkei jumped 0.6 percent while Australian
and New Zealand shares each added 0.2 percent.Trends on
SGX Nifty indicate a flat opening for the broader index in
India, a rise of 1.5 points or 0.01 percent. Nifty futures
were trading around 11,385-level on the Singaporean
Exchange.
PREVIOUS DAY ROUNDOFF
Indian equity markets continued its upward momentum
with Bank Nifty index closing at a lifetime high level. Bank
Nifty index continued its winning streak for the 6th
day in a
row, closing ~1.5% higher, led by a strong rally in HDFC
Bank, ICICI & Kotak Bank.Nifty IT index remained under the
selling pressure for the 4th
day in a row backed by a strong
appreciating INR against the US Dollar. IndusInd Bank &
Bharti Airtel added fresh long positions with a fresh spike in
open interest, while Apollo Hospital added fresh short
positions. Escorts 860CE added massive open positions to
tune of ~2925% along with a 2x surge in the option
premium, clearly indicating a continuation of the current
impulse move. Market breadth ended in the favour of
advances with the advance/decline ratio closed at 2:1x.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Commodities[-33.55pts],
Consumption[-27.05pts],PSE[-33.05pts],CPSE[-
34.95pts],Energy[+50.65pts],FMCG[-29.20pts],Auto[-
35.35pts],Pharma[-174.55pts],IT[-41.65pts],Metal[-
57.30pts],Realty[+1.45pts], Fin Serv sector[+138.7pts].
World Indices
Index Value % Change
DJI 25702 +0.58
S&P500 2810 +0.69
NASDAQ 7643 +0.69
FTSE100 7159 +0.11
NIKKEI 21400 +0.52
HANG SENG 28759 -0.17
Top Gainers
Company CMP Change % Chg
IndusInd Bank 1,636.35 67.3 4.29
Yes Bank 244.3 8.45 3.58
Bajaj Finance 2,828.15 75.1 2.73
HDFC Bank 2,226.55 55.55 2.56
HPCL 267.85 6 2.29
Top Losers
Company CMP Change % Chg
Bharti Airtel 337.75 -14.05 -3.99
Vedanta 171.6 -6.85 -3.84
IOC 148.75 -5.35 -3.47
Zee Entertain 448.8 -14.8 -3.19
Sun Pharma 456.5 -13.8 -2.93
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
ALOKTEXT 5.05 0.45 9.78
ANUP 635.25 29 4.79
ARVINDFASN 718.2 34.2 5
AXISBANK 751 -4.3 -0.58
ASTRAL 1,295.00 -39.15 -3.14
Indian Indices
Company CMP Change % Chg
NIFTY 11341 +40.50 +0.36
SENSEX 37752 +216 +0.58
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
AHLEAST 225.8 -0.25 -0.1
BAJAJCON 307.8 -19.9 -5.68
BLUECOAST 42.95 -2.25 -4.98
DNAMEDIA 1.8 -0.05 -2.7
HOTELRUGBY 1.55 0 0
_____________________________________________________________________________________________________________________
Special Report
14–MAR-2019
STOCK RECOMMENDATION [CASH]
IIFL[CASH]
IIFL has double bottom chart pattern on daily chart, in this
recovery Mindcap and Smallcap Index given strong pull
back but this stock is still in pressure. Here we can see the
fresh buying is coming with strong volume as compare to
red candle and last seven trading session .Buy Above 404-
405 with stop loss of 400 for target of 410/425 .
MACRO NEWS
 Oil prices nudged higher on Thursday to sit just off a
four-month high reached in the previous session as
investors focused on global production cuts and
supply disruptions in Venezuela.International Brent
crude oil futures were at $67.61 a barrel at 0054 GMT,
up 6 cents, or 0.1 percent, from their last close. Brent
touched $67.76 a barrel on Wednesday, its highest
since November 16. US West Texas Intermediate (WTI)
crude futures were at $58.29 per barrel, up 3 cents, or
0.1 percent, from their last settlement.
 The Reserve Bank on Wednesday said it will inject long
-term liquidity worth $5 billion into the system
through foreign exchange swap arrangement with
banks for three years. The swap will be in the nature
of a simple buy/sell foreign exchange swap from the
Reserve Bank side.Under the swap, a bank would sell
US dollars to the RBI and simultaneously agree to buy
the same amount of US dollars at the end of the swap
period."In order to meet the durable liquidity needs of
the system, the Reserve Bank has decided to augment
its liquidity management toolkit and inject rupee
liquidity for longer duration through long-term foreign
exchange Buy/Sell swap...," the RBI said.
RECOMMENDATIONS [FUTURE]
1. BEML [FUTURE ]
BEML Future closed at ten month high & also give breakout
of important resistense of 950 .Stock is trading above all its
100 & 200 DEMA . In last trading session strong buying in
this stock & derivative data suggest that traders view bullish
on this stock . Our recommendation is to Buy on decline in
between 960-963 Target 980/1000 SL Below 940 .
2. TATAGLOBAL [FUTURE]
TATAGLOBAL future looking bullish on daily chart it has
given breakout of trendline . Stock is traded below 100 &
200 DEMA but for a intra day & as well as positional view we
may expect a bull rally in the stock.Our recommendation is
to Buy 205-206 Target 208/215 Sl below 200 .After analysis
of derivate data long position made by traders .
_____________________________________________________________________________________________________________________
Special Report
14–MAR-2019
MOST ACTIVE CALL OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 29,000 59 13,30,923 6,05,340
BANKNIFTY CE 28,700 220.35 10,36,254 1,90,760
BANKNIFTY CE 28,900 100 10,00,920 4,26,160
YESBANK CE 250 9.85 16,247 71,96,000
INDUSINDBK CE 1,650 28 10,317 3,39,600
HDFCBANK CE 2,240 29 9,548 2,49,500
YESBANK CE 260 6.3 9,488 40,37,250
YESBANK CE 240 14.5 9,423 63,73,500
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 28,500 15.9 8,47,429 5,74,460
BANKNIFTY PE 28,400 11.5 7,41,425 4,83,820
BANKNIFTY PE 28,600 23.8 6,21,092 4,35,580
RELIANCE PE 1,320 15.75 7,205 6,15,000
RELIANCE PE 1,300 10.55 6,297 10,09,500
YESBANK PE 230 4.85 4,768 26,44,250
YESBANK PE 240 8.5 4,067 26,04,000
AXISBANK PE 740 15.55 3,940 7,23,600
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 73515 5321.23 50176 3499.06 287320 22744.82 1822.1713
INDEX OPTIONS 3616449 228848.22 3630346 229340.30 972975 74158.19 -492.0866
STOCK FUTURES 202244 12439.31 217107 13347.41 1413052 89055.07 -908.1011
STOCK OPTIONS 129352 8139.66 127555 8040.84 124451 7657.87 98.8167
520.8003
SELL
STOCKS IN NEWS
IOC, ONGC: Facing revenue shortfall, government pushes
companies to pay 2nd interim dividend - PTI
Bajaj Consumer Care: Company engaged the services of
Bain & Company which will help the company in
formulating a front-end strategy for growth and also help
in implementing it.
NIFTY FUTURE
After announce central election news,And if we go
technically on cahrt we can seen clearly cross major
resistance level and close above this level , and also
trendline breakout in daily chart, and close daily chart in
bullish signal It’s clearly indicate nifty go upside ahead,
and also 2019 is election year so we can expect Govt
announce new policy some related sectors so keep that
in mind and watch all PSUBanks,infra pharma sector
movements. And from a data perspective create broader
range in option traders, So we can follow buy on decline
strateg, So we advise you to buy around 1150-11160 for
the targets of 11250-11300 With SL of below 11000.
INDICES R2 R1 PIVOT S1 S2
NIFTY 11399 11370 11323 11294 11247
BANKNIFTY 29295 29090 28721 28516 28147
_____________________________________________________________________________________________________________________
Special Report
14–MAR-2019
COMMODITY ROUNDUP
Gold prices rose on Wednesday in Asia as traders opted for
the safe-haven metal after U.K. Prime Minister Theresa
May’s Brexit deal suffered another defeat in the British
Parliament.Parliament rejected May’s withdrawal deal for
the second time on Tuesday, raising concerns of a “hard-
Brexit” scenario before the planned departure date on
March 29.May would hold a vote on Wednesday on
whether to leave the European Union without a deal and, if
lawmakers reject that, they will then vote on whether to
seek a limited extension to Article 50, the provision of the
EU treaty under which the U.K. is withdrawing from the
bloc.Asian stocks were mostly in the red on Wednesday as a
risk-off mood gripped investors, but the uncertainty spurred
demand for the safe-haven gold.Gold Futures rose 0.5% to
$1,304,35 by 1:24 AM ET (05:24 GMT) on the Comex
division of the New York Mercantile Exchange.Meanwhile,
the U.S. Dollar Index that tracks the greenback against a
basket of other currencies edged up 0.1% to 96.968.Gold
was also supported by some soft February inflation
data from the U.S., underlining the case for the Federal
Reserve to maintain its current wait-and-see
stance.Speaking last Friday, Fed Chairman Jerome Powell
justified the “wait-and-see approach” given that there was
“nothing in the outlook demanding an immediate policy
response and particularly given muted inflation pressures.”
Oil prices rose on Wednesday, buoyed by an official forecast
showing slower-than-expected U.S. production, and as U.S.
sanctions stall exports from Venezuela.International Brent
crude oil futures were at $66.89 a barrel at 0955 GMT, up
22 cents, or 0.33 percent, from their last close.U.S. West
Texas Intermediate crude futures were at $57.31 per barrel,
up 44 cents, or 0.77 percent.The U.S. Energy Information
Administration (EIA) said on Tuesday that U.S.
crudeproduction was expected to grow more slowly in 2019
than it had previously expected, averaging about 12.30
million barrels per day (bpd).The EIA revised down its
projected 2020 production figure from 13.20 million bpd to
13.03 million bpd.While the revision is small, the comforting
part for bulls was that the direction of the revision was
down rather than up," Harry Tchilinguirian, global oil
strategist at BNP Paribas (PA:BNPP) in London, told the
Reuters Global Oil Forum.U.S. crude stocks also fell
unexpectedly last week, data from the American Petroleum
Institute showed on Tuesday, in a good sign for oil demand
as supply from various producers was being curbed.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
Gold BUY ABOVE 32170 TARGET 32230/32270 SL 32100
Gold Sell BELOW 32100 TARGET 32050/32000 SL 32200
SILVER
TRADING STRATEGY:
Silver BUY ABOVE 38800 TARGET 38850/38900 SL 38720
Silver Sell BELOW 38700 TARGET 38640/38600 SL 38760
_____________________________________________________________________________________________________________________
Special Report
14–MAR-2019
NCDEX INDICES
Index Value % Change
Barley 1680 0.89
Castor Seed 5272 0.38
Chana 4204 -0.1
Coriander 6589 0.09
Cotton Seed Oilcake 2045 2.18
Guar Seed 10 MT 4249 0.38
Jeera 16140 -0.87
Mustardseed 3826 0.1
Soy Bean 3631 0.8
RECOMMENDATIONS
GUARGUM5
TRADING STRATEGY:
BUY GUARGUM APR ABOVE 8750 TARGET 8765/8785/8815
SL 8690
SELL GUARGUM APR BELOW 8700 TARGET 8685/8665/8635
SL 8760
DHANIYA
TRADING STRATEGY:
BUY CORIANDER APR 6650 TARGET 6665/6685/6710 SL
6590
SELL CORIANDER APR BELOW 6630 TARGET
6615/6595/6570 SL 6690
State-run Food Corporation of India (FCI) has disposed of
2.97 lakh tonne of pulses, nearly the entire stock it
procured in last two years, to various states and to bulk
consumers, according to an official data.FCI had a stock of
2.98 lakh tonne of pulses procured at the minimum support
price (MSP) during 2015-16 and 2016-17 marketing years
(July-June).As per the latest data, the agency has cleared
2.97 lakh tonne of pulses comprising 'tur', 'masoor',
'moong' and 'urad' till February 2019.Of this, 2.36 lakh
tonne was sold through electronic auction mode to bulk
users, while the rest through states.Less than 800 tonne is
left with FCI, which will also be disposed of, the data
added.FCI is the central nodal agency that undertakes
mainly the procurement and distribution of wheat and rice
at the MSP.
World cotton production is expected to rise 6.8% with
yields rebounding in several countries and area also rising,
according to the first projections for 2019-20 season
released by the US department of agriculture (USDA).In the
US, cotton production is expected at 22.5 million bales,
based on higher planted area and sharply lower
abandonment.The outlook for China shows imports,
consumption, and production projected up, while stocks are
expected to fall for the fifth consecutive year.
“With the decline in China’s stocks, stocks outside of China
are projected to increase significantly. As a result, the
average A-Index and the season-average US farm price are
expected to decline,” the Foreign Agricultural Service of
USDA said in its ‘Cotton: World Markets and Trade’ March
2019 report.World trade is projected to expand, bring it
near the record levels seen in 2011-12 and 2012-13. gap,
the report said.
_____________________________________________________________________________________________________________________
Special Report
14–MAR-2019
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 69.6550 Yen 62.8750
Euro 78.7925 GBP 91.6975
USD/INR
TRADING STRATEGY:
BUY USDINR FUTURE ABOVE 69.55 TARGET 65.65/69.75 SL
69.35
SELL USDINR FUTURE BELOW 69.35 TARGET 69.25/69.15 SL
69.45
GBP/INR
TRADING STRATEGY:
BUY GBPINR FUTURE ABOVE 91.55 TARGET 91.65/91.75 SL
91.35
SELL GBPINR FUTURE BELOW 91.4 TARGET 91.3/91.2 SL 91.6
The British pound is higher against the dollar and euro in
early trading in Europe Wednesday, as the market leans on
balance towards believing that Brexit will be softened,
delayed or even cancelled.The U.K. parliament rejected the
government’s deal on leaving the European Union for a
second time on Tuesday, effectively killing it as the EU has
said it isn’t prepared to negotiate any more on the terms
of leaving.At 03:00 AM ET (0800 GMT), the pound was at
$1.3142, up from around $1.3060 immediately after the
vote, while EURGBP was lower at 0.8584.The dollar index,
which measures the value of the greenback against a
basket of six major currencies, was at 96.94, practically
unchanged.The House of Commons is due to vote later
Wednesday on whether to leave the EU without a deal on
March 29, an option that has never commanded a majority
and is highly unlikely to do so now.Assuming that the
motion on leaving without a deal is also defeated, the
House will vote Thursday on asking the EU for a delay to
the March 29 deadline. However, that’s not something the
EU wants to do unless it can see a clear reason for doing
so. What is not - at least yet - on parliament's timetable - is
a motion calling for either a general election or a second
referendum that could overturn the result of the first one.
The Australian dollar skidded lower on Wednesday after a
local consumer confidence gauge triggered fresh concerns
about a slowing economy.Sterling was the other big mover
in currency markets, adding half a percent on hopes UK
lawmakers will vote down a no-deal Brexit tonight.Foreign
exchange markets elsewhere were mostly quiet in early
London trading, with investors cautious as the risk-off
mood in Asia spread to Europe.A measure of Australian
consumer confidence slumped to its lowest in over a year
in March, adding to recent signs of weakness in the
economy. Aussie AUD=D3 has been sensitive to signs of a
loss of economic momentum, particularly after the Reserve
Bank of Australia's upbeat outlook last week failed to
dispel bets it would have to lower rates eventually. Aussie
fell half a percent to as low as $0.70495, although the
currency was above 2-month lows of $0.7003 hit last week.
_____________________________________________________________________________________________________________________
Special Report
14–MAR-2019
Date
Commodity/
Currency Pairs
Contract Strategy Entry Level Target Stop Loss Remark
13/03/19 NCDEX DHANIYA APR BUY 6650
6665/6685/67
10
6170 NOT EXECUTED
13/03/19 NCDEX DHANIYA APR Sell 6630
6615/6595/65
70
6570 TARGET
13/03/19
NCDEX
GUARGUM5
MAR BUY 8750
8765/8785/88
15
8270 TARGET
13/03/19
NCDEX
GUARGUM5
MAR SELL 8700
8685/8665/86
35
8370 TARGET
13/03/19 MCX GOLD MAR BUY 32250 32270-32300 32200 TARGET
13/03/19 MCX GOLD MAR SELL 32200 32170-32150 32250 TARGET
13/03/19 MCX SILVER MAR BUY 38690 38720/38750 38640 SL HIT
13/03/19 MCX SILVER MAR SELL 38640 38600/38575 38675 TARGET
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
13/03/19 NIFTY FUTURE BUY 11150-11160 11250-11300 11000 NOT EXECUTED
13/03/19 CANFINHOME FUTURE BUY 310-313 317-325 305 TARGET
13/03/19 TATAGLOBAL FUTURE BUY 205-206 209-220 200 TARGET
13/03/19 IIFL CASH BUY 404-405 410/420 400 TARGET
_____________________________________________________________________________________________________________________
Special Report
14–MAR-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
PERIO
D
ACTUAL FORECAST PREVIOUS
THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK.
MONDAY, MARCH 11
8:30 am Retail sales* (new date) Jan. -1.2%
8:30 am Retail sales ex-autos* (new date) Jan. -1.8%
10 am Business inventories* (new date) Dec. -0.1%
11 am Survey of consumer expectations Feb.
TUESDAY, MARCH 12
6 am NFIB small-business index Feb. 101.2
8:30 am Consumer price index Feb. 0.0%
8:30 am Core CPI Feb. 0.2%
2 pm Federal budget Feb. DELAYED
WEDNESDAY, MARCH 13
8:30 am Durable goods orders* (new date) Jan. 1.2%
8:30 am
Core capital goods orders*
(new date)
Jan. -1.0%
8:30 am Producer price index Feb. -0.1%
10 am Construction spending* (new date)
THURSDAY, MARCH 14
8:30 am Weekly jobless claims 3/9 --
8:30 am Import prices Feb. 0.5%
8:30 am Retail sales* Feb. DELAYED
10 am New home sales* (new date) Jan. --
10 am Business inventories Jan. DELAYED
FRIDAY, MARCH 15
8:30 am Empire state manufacturing index March 8.8
9:15 am Industrial production Feb. -0.6%
9:15 am Capacity utilization Feb. 78.2%
10 am Job openings Jan. 7.4 mln
10 am Consumer sentiment March 95.5
_____________________________________________________________________________________________________________________
Special Report
14–MAR-2019
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we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the
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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.
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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: 2019-03-14
09:23+05:30

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Special report-14-mar-2019-epic-research

  • 1. _____________________________________________________________________________________________________________________ Special Report 14–MAR-2019 Global markets at a glance US stocks rose on Wednesday, led by gains in healthcare shares, and Boeing edged upward even as the United States joined other nations in grounding the company’s 737 MAX jets.The Dow Jones Industrial Average rose 148.23 points, or 0.58 percent, to 25,702.89, the S&P 500 gained 19.4 points, or 0.69 percent, to 2,810.92 and the Nasdaq Composite added 52.37 points, or 0.69 percent, to 7,643.41. Asian shares paused on Thursday as investors awaited data from China for clues about the health of the world’s second largest economy while the pound shot up to near nine- month highs as the risk of a no-deal Brexit receded following a late-night vote.MSCI’s broadest index of Asia- Pacific shares outside Japan was barely changed at 522.38 points. Japan’s Nikkei jumped 0.6 percent while Australian and New Zealand shares each added 0.2 percent.Trends on SGX Nifty indicate a flat opening for the broader index in India, a rise of 1.5 points or 0.01 percent. Nifty futures were trading around 11,385-level on the Singaporean Exchange. PREVIOUS DAY ROUNDOFF Indian equity markets continued its upward momentum with Bank Nifty index closing at a lifetime high level. Bank Nifty index continued its winning streak for the 6th day in a row, closing ~1.5% higher, led by a strong rally in HDFC Bank, ICICI & Kotak Bank.Nifty IT index remained under the selling pressure for the 4th day in a row backed by a strong appreciating INR against the US Dollar. IndusInd Bank & Bharti Airtel added fresh long positions with a fresh spike in open interest, while Apollo Hospital added fresh short positions. Escorts 860CE added massive open positions to tune of ~2925% along with a 2x surge in the option premium, clearly indicating a continuation of the current impulse move. Market breadth ended in the favour of advances with the advance/decline ratio closed at 2:1x. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-33.55pts], Consumption[-27.05pts],PSE[-33.05pts],CPSE[- 34.95pts],Energy[+50.65pts],FMCG[-29.20pts],Auto[- 35.35pts],Pharma[-174.55pts],IT[-41.65pts],Metal[- 57.30pts],Realty[+1.45pts], Fin Serv sector[+138.7pts]. World Indices Index Value % Change DJI 25702 +0.58 S&P500 2810 +0.69 NASDAQ 7643 +0.69 FTSE100 7159 +0.11 NIKKEI 21400 +0.52 HANG SENG 28759 -0.17 Top Gainers Company CMP Change % Chg IndusInd Bank 1,636.35 67.3 4.29 Yes Bank 244.3 8.45 3.58 Bajaj Finance 2,828.15 75.1 2.73 HDFC Bank 2,226.55 55.55 2.56 HPCL 267.85 6 2.29 Top Losers Company CMP Change % Chg Bharti Airtel 337.75 -14.05 -3.99 Vedanta 171.6 -6.85 -3.84 IOC 148.75 -5.35 -3.47 Zee Entertain 448.8 -14.8 -3.19 Sun Pharma 456.5 -13.8 -2.93 Stocks at 52 Week’s HIGH Symbol Prev. Close Change %Chg ALOKTEXT 5.05 0.45 9.78 ANUP 635.25 29 4.79 ARVINDFASN 718.2 34.2 5 AXISBANK 751 -4.3 -0.58 ASTRAL 1,295.00 -39.15 -3.14 Indian Indices Company CMP Change % Chg NIFTY 11341 +40.50 +0.36 SENSEX 37752 +216 +0.58 Stocks at 52 Week’s LOW Symbol Prev. Close Change %Chg AHLEAST 225.8 -0.25 -0.1 BAJAJCON 307.8 -19.9 -5.68 BLUECOAST 42.95 -2.25 -4.98 DNAMEDIA 1.8 -0.05 -2.7 HOTELRUGBY 1.55 0 0
  • 2. _____________________________________________________________________________________________________________________ Special Report 14–MAR-2019 STOCK RECOMMENDATION [CASH] IIFL[CASH] IIFL has double bottom chart pattern on daily chart, in this recovery Mindcap and Smallcap Index given strong pull back but this stock is still in pressure. Here we can see the fresh buying is coming with strong volume as compare to red candle and last seven trading session .Buy Above 404- 405 with stop loss of 400 for target of 410/425 . MACRO NEWS  Oil prices nudged higher on Thursday to sit just off a four-month high reached in the previous session as investors focused on global production cuts and supply disruptions in Venezuela.International Brent crude oil futures were at $67.61 a barrel at 0054 GMT, up 6 cents, or 0.1 percent, from their last close. Brent touched $67.76 a barrel on Wednesday, its highest since November 16. US West Texas Intermediate (WTI) crude futures were at $58.29 per barrel, up 3 cents, or 0.1 percent, from their last settlement.  The Reserve Bank on Wednesday said it will inject long -term liquidity worth $5 billion into the system through foreign exchange swap arrangement with banks for three years. The swap will be in the nature of a simple buy/sell foreign exchange swap from the Reserve Bank side.Under the swap, a bank would sell US dollars to the RBI and simultaneously agree to buy the same amount of US dollars at the end of the swap period."In order to meet the durable liquidity needs of the system, the Reserve Bank has decided to augment its liquidity management toolkit and inject rupee liquidity for longer duration through long-term foreign exchange Buy/Sell swap...," the RBI said. RECOMMENDATIONS [FUTURE] 1. BEML [FUTURE ] BEML Future closed at ten month high & also give breakout of important resistense of 950 .Stock is trading above all its 100 & 200 DEMA . In last trading session strong buying in this stock & derivative data suggest that traders view bullish on this stock . Our recommendation is to Buy on decline in between 960-963 Target 980/1000 SL Below 940 . 2. TATAGLOBAL [FUTURE] TATAGLOBAL future looking bullish on daily chart it has given breakout of trendline . Stock is traded below 100 & 200 DEMA but for a intra day & as well as positional view we may expect a bull rally in the stock.Our recommendation is to Buy 205-206 Target 208/215 Sl below 200 .After analysis of derivate data long position made by traders .
  • 3. _____________________________________________________________________________________________________________________ Special Report 14–MAR-2019 MOST ACTIVE CALL OPTION Symbol Optio n Type Strike Price LTP Traded Volume (Contracts) Open Interest BANKNIFTY CE 29,000 59 13,30,923 6,05,340 BANKNIFTY CE 28,700 220.35 10,36,254 1,90,760 BANKNIFTY CE 28,900 100 10,00,920 4,26,160 YESBANK CE 250 9.85 16,247 71,96,000 INDUSINDBK CE 1,650 28 10,317 3,39,600 HDFCBANK CE 2,240 29 9,548 2,49,500 YESBANK CE 260 6.3 9,488 40,37,250 YESBANK CE 240 14.5 9,423 63,73,500 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 28,500 15.9 8,47,429 5,74,460 BANKNIFTY PE 28,400 11.5 7,41,425 4,83,820 BANKNIFTY PE 28,600 23.8 6,21,092 4,35,580 RELIANCE PE 1,320 15.75 7,205 6,15,000 RELIANCE PE 1,300 10.55 6,297 10,09,500 YESBANK PE 230 4.85 4,768 26,44,250 YESBANK PE 240 8.5 4,067 26,04,000 AXISBANK PE 740 15.55 3,940 7,23,600 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 73515 5321.23 50176 3499.06 287320 22744.82 1822.1713 INDEX OPTIONS 3616449 228848.22 3630346 229340.30 972975 74158.19 -492.0866 STOCK FUTURES 202244 12439.31 217107 13347.41 1413052 89055.07 -908.1011 STOCK OPTIONS 129352 8139.66 127555 8040.84 124451 7657.87 98.8167 520.8003 SELL STOCKS IN NEWS IOC, ONGC: Facing revenue shortfall, government pushes companies to pay 2nd interim dividend - PTI Bajaj Consumer Care: Company engaged the services of Bain & Company which will help the company in formulating a front-end strategy for growth and also help in implementing it. NIFTY FUTURE After announce central election news,And if we go technically on cahrt we can seen clearly cross major resistance level and close above this level , and also trendline breakout in daily chart, and close daily chart in bullish signal It’s clearly indicate nifty go upside ahead, and also 2019 is election year so we can expect Govt announce new policy some related sectors so keep that in mind and watch all PSUBanks,infra pharma sector movements. And from a data perspective create broader range in option traders, So we can follow buy on decline strateg, So we advise you to buy around 1150-11160 for the targets of 11250-11300 With SL of below 11000. INDICES R2 R1 PIVOT S1 S2 NIFTY 11399 11370 11323 11294 11247 BANKNIFTY 29295 29090 28721 28516 28147
  • 4. _____________________________________________________________________________________________________________________ Special Report 14–MAR-2019 COMMODITY ROUNDUP Gold prices rose on Wednesday in Asia as traders opted for the safe-haven metal after U.K. Prime Minister Theresa May’s Brexit deal suffered another defeat in the British Parliament.Parliament rejected May’s withdrawal deal for the second time on Tuesday, raising concerns of a “hard- Brexit” scenario before the planned departure date on March 29.May would hold a vote on Wednesday on whether to leave the European Union without a deal and, if lawmakers reject that, they will then vote on whether to seek a limited extension to Article 50, the provision of the EU treaty under which the U.K. is withdrawing from the bloc.Asian stocks were mostly in the red on Wednesday as a risk-off mood gripped investors, but the uncertainty spurred demand for the safe-haven gold.Gold Futures rose 0.5% to $1,304,35 by 1:24 AM ET (05:24 GMT) on the Comex division of the New York Mercantile Exchange.Meanwhile, the U.S. Dollar Index that tracks the greenback against a basket of other currencies edged up 0.1% to 96.968.Gold was also supported by some soft February inflation data from the U.S., underlining the case for the Federal Reserve to maintain its current wait-and-see stance.Speaking last Friday, Fed Chairman Jerome Powell justified the “wait-and-see approach” given that there was “nothing in the outlook demanding an immediate policy response and particularly given muted inflation pressures.” Oil prices rose on Wednesday, buoyed by an official forecast showing slower-than-expected U.S. production, and as U.S. sanctions stall exports from Venezuela.International Brent crude oil futures were at $66.89 a barrel at 0955 GMT, up 22 cents, or 0.33 percent, from their last close.U.S. West Texas Intermediate crude futures were at $57.31 per barrel, up 44 cents, or 0.77 percent.The U.S. Energy Information Administration (EIA) said on Tuesday that U.S. crudeproduction was expected to grow more slowly in 2019 than it had previously expected, averaging about 12.30 million barrels per day (bpd).The EIA revised down its projected 2020 production figure from 13.20 million bpd to 13.03 million bpd.While the revision is small, the comforting part for bulls was that the direction of the revision was down rather than up," Harry Tchilinguirian, global oil strategist at BNP Paribas (PA:BNPP) in London, told the Reuters Global Oil Forum.U.S. crude stocks also fell unexpectedly last week, data from the American Petroleum Institute showed on Tuesday, in a good sign for oil demand as supply from various producers was being curbed. RECOMMENDATIONS GOLD TRADING STRATEGY: Gold BUY ABOVE 32170 TARGET 32230/32270 SL 32100 Gold Sell BELOW 32100 TARGET 32050/32000 SL 32200 SILVER TRADING STRATEGY: Silver BUY ABOVE 38800 TARGET 38850/38900 SL 38720 Silver Sell BELOW 38700 TARGET 38640/38600 SL 38760
  • 5. _____________________________________________________________________________________________________________________ Special Report 14–MAR-2019 NCDEX INDICES Index Value % Change Barley 1680 0.89 Castor Seed 5272 0.38 Chana 4204 -0.1 Coriander 6589 0.09 Cotton Seed Oilcake 2045 2.18 Guar Seed 10 MT 4249 0.38 Jeera 16140 -0.87 Mustardseed 3826 0.1 Soy Bean 3631 0.8 RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM APR ABOVE 8750 TARGET 8765/8785/8815 SL 8690 SELL GUARGUM APR BELOW 8700 TARGET 8685/8665/8635 SL 8760 DHANIYA TRADING STRATEGY: BUY CORIANDER APR 6650 TARGET 6665/6685/6710 SL 6590 SELL CORIANDER APR BELOW 6630 TARGET 6615/6595/6570 SL 6690 State-run Food Corporation of India (FCI) has disposed of 2.97 lakh tonne of pulses, nearly the entire stock it procured in last two years, to various states and to bulk consumers, according to an official data.FCI had a stock of 2.98 lakh tonne of pulses procured at the minimum support price (MSP) during 2015-16 and 2016-17 marketing years (July-June).As per the latest data, the agency has cleared 2.97 lakh tonne of pulses comprising 'tur', 'masoor', 'moong' and 'urad' till February 2019.Of this, 2.36 lakh tonne was sold through electronic auction mode to bulk users, while the rest through states.Less than 800 tonne is left with FCI, which will also be disposed of, the data added.FCI is the central nodal agency that undertakes mainly the procurement and distribution of wheat and rice at the MSP. World cotton production is expected to rise 6.8% with yields rebounding in several countries and area also rising, according to the first projections for 2019-20 season released by the US department of agriculture (USDA).In the US, cotton production is expected at 22.5 million bales, based on higher planted area and sharply lower abandonment.The outlook for China shows imports, consumption, and production projected up, while stocks are expected to fall for the fifth consecutive year. “With the decline in China’s stocks, stocks outside of China are projected to increase significantly. As a result, the average A-Index and the season-average US farm price are expected to decline,” the Foreign Agricultural Service of USDA said in its ‘Cotton: World Markets and Trade’ March 2019 report.World trade is projected to expand, bring it near the record levels seen in 2011-12 and 2012-13. gap, the report said.
  • 6. _____________________________________________________________________________________________________________________ Special Report 14–MAR-2019 RBI Reference Rate Currency Rate Currency Rate Rupee- $ 69.6550 Yen 62.8750 Euro 78.7925 GBP 91.6975 USD/INR TRADING STRATEGY: BUY USDINR FUTURE ABOVE 69.55 TARGET 65.65/69.75 SL 69.35 SELL USDINR FUTURE BELOW 69.35 TARGET 69.25/69.15 SL 69.45 GBP/INR TRADING STRATEGY: BUY GBPINR FUTURE ABOVE 91.55 TARGET 91.65/91.75 SL 91.35 SELL GBPINR FUTURE BELOW 91.4 TARGET 91.3/91.2 SL 91.6 The British pound is higher against the dollar and euro in early trading in Europe Wednesday, as the market leans on balance towards believing that Brexit will be softened, delayed or even cancelled.The U.K. parliament rejected the government’s deal on leaving the European Union for a second time on Tuesday, effectively killing it as the EU has said it isn’t prepared to negotiate any more on the terms of leaving.At 03:00 AM ET (0800 GMT), the pound was at $1.3142, up from around $1.3060 immediately after the vote, while EURGBP was lower at 0.8584.The dollar index, which measures the value of the greenback against a basket of six major currencies, was at 96.94, practically unchanged.The House of Commons is due to vote later Wednesday on whether to leave the EU without a deal on March 29, an option that has never commanded a majority and is highly unlikely to do so now.Assuming that the motion on leaving without a deal is also defeated, the House will vote Thursday on asking the EU for a delay to the March 29 deadline. However, that’s not something the EU wants to do unless it can see a clear reason for doing so. What is not - at least yet - on parliament's timetable - is a motion calling for either a general election or a second referendum that could overturn the result of the first one. The Australian dollar skidded lower on Wednesday after a local consumer confidence gauge triggered fresh concerns about a slowing economy.Sterling was the other big mover in currency markets, adding half a percent on hopes UK lawmakers will vote down a no-deal Brexit tonight.Foreign exchange markets elsewhere were mostly quiet in early London trading, with investors cautious as the risk-off mood in Asia spread to Europe.A measure of Australian consumer confidence slumped to its lowest in over a year in March, adding to recent signs of weakness in the economy. Aussie AUD=D3 has been sensitive to signs of a loss of economic momentum, particularly after the Reserve Bank of Australia's upbeat outlook last week failed to dispel bets it would have to lower rates eventually. Aussie fell half a percent to as low as $0.70495, although the currency was above 2-month lows of $0.7003 hit last week.
  • 7. _____________________________________________________________________________________________________________________ Special Report 14–MAR-2019 Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 13/03/19 NCDEX DHANIYA APR BUY 6650 6665/6685/67 10 6170 NOT EXECUTED 13/03/19 NCDEX DHANIYA APR Sell 6630 6615/6595/65 70 6570 TARGET 13/03/19 NCDEX GUARGUM5 MAR BUY 8750 8765/8785/88 15 8270 TARGET 13/03/19 NCDEX GUARGUM5 MAR SELL 8700 8685/8665/86 35 8370 TARGET 13/03/19 MCX GOLD MAR BUY 32250 32270-32300 32200 TARGET 13/03/19 MCX GOLD MAR SELL 32200 32170-32150 32250 TARGET 13/03/19 MCX SILVER MAR BUY 38690 38720/38750 38640 SL HIT 13/03/19 MCX SILVER MAR SELL 38640 38600/38575 38675 TARGET Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 13/03/19 NIFTY FUTURE BUY 11150-11160 11250-11300 11000 NOT EXECUTED 13/03/19 CANFINHOME FUTURE BUY 310-313 317-325 305 TARGET 13/03/19 TATAGLOBAL FUTURE BUY 205-206 209-220 200 TARGET 13/03/19 IIFL CASH BUY 404-405 410/420 400 TARGET
  • 8. _____________________________________________________________________________________________________________________ Special Report 14–MAR-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 PERIO D ACTUAL FORECAST PREVIOUS THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, MARCH 11 8:30 am Retail sales* (new date) Jan. -1.2% 8:30 am Retail sales ex-autos* (new date) Jan. -1.8% 10 am Business inventories* (new date) Dec. -0.1% 11 am Survey of consumer expectations Feb. TUESDAY, MARCH 12 6 am NFIB small-business index Feb. 101.2 8:30 am Consumer price index Feb. 0.0% 8:30 am Core CPI Feb. 0.2% 2 pm Federal budget Feb. DELAYED WEDNESDAY, MARCH 13 8:30 am Durable goods orders* (new date) Jan. 1.2% 8:30 am Core capital goods orders* (new date) Jan. -1.0% 8:30 am Producer price index Feb. -0.1% 10 am Construction spending* (new date) THURSDAY, MARCH 14 8:30 am Weekly jobless claims 3/9 -- 8:30 am Import prices Feb. 0.5% 8:30 am Retail sales* Feb. DELAYED 10 am New home sales* (new date) Jan. -- 10 am Business inventories Jan. DELAYED FRIDAY, MARCH 15 8:30 am Empire state manufacturing index March 8.8 9:15 am Industrial production Feb. -0.6% 9:15 am Capacity utilization Feb. 78.2% 10 am Job openings Jan. 7.4 mln 10 am Consumer sentiment March 95.5
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