Major stock markets climbed on hopes of more Chinese stimulus. The Dow rose 0.65% and Nasdaq rose 1.71%. Asian shares took a breather after rallying the previous day on the same hopes. In India, the Sensex rose 1.30% while the Nifty rose 1.39% with gains in IT and energy stocks. The report also provides recommendations to buy certain stocks based on technical analysis and updates on commodity prices and global indices.

1. _____________________________________________________________________________________________________________________
Special Report
16–JAN-2019
Global markets at a glance
Major world stock markets climbed on Tuesday on hopes of
more stimulus for China’s economy, while sterling
rebounded from the day’s lows after British lawmakers
defeated Prime Minister Theresa May’s deal on
withdrawing from the European Union.
The Dow Jones Industrial Average rose 155.75 points, or
0.65 percent, to 24,065.59, the S&P 500 gained 27.69
points, or 1.07 percent, to 2,610.3 and the Nasdaq
Composite added 117.92 points, or 1.71 percent, to
7,023.83.Dow Jones Industrial Average ended down 0.02
percent at 23,995.95 points, while the Nasdaq Composite
dropped 0.21 percent to 6,971.48. The S&P 500 ended
down 0.38 points at 2,596.26.Asian shares took a breather
on Wednesday after rallying the previous day on Chinese
stimulus hopes, with investors assessing Brexit options
after British lawmakers trounced Prime Minister Theresa
May’s deal to pull out Britain from the European Union.
MSCI’s broadest index of Asia-Pacific shares outside Japan
was off a touch, having swung up on Tuesday after Chinese
officials came out in force to signal more measures to
stabilise a slowing economy. The China hopes also helped
boost Wall Street overnight, though the early session in
Asia saw investors tread cautiously.
PREVIOUS DAY ROUNDOFF
It’s a strong close for the market, with the Nifty ending just
short of 10,900. All sectoral indices ended in the green,
with maximum gains visible among IT and energy names,
while metals and banks, too, closed with sharp gains. At the
close of market hours, the Sensex was up 464.77 points or
1.30% at 36318.33, while the Nifty was higher by 149.20
points or 1.39% at 10886.80. The market breadth was
positive as 1548 shares advanced, against a decline of 996
shares, while 166 shares were unchanged.Yes Bank,
Infosys, and Wipro were the top gainers, while Maruti
Suzuki, Power Grid, and ICICI Bank lost the most.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Commodities[+18pts],
Consumption[+25pts],PSE[+18.05pts],CPSE[+8.1pts],Energy
[+900ts],FMCG[+92pts],Auto[+10.5pts],Pharma[+60Pts],IT
[+145.35pts],Metal[-4.6pts],Realty[+3.15pts], Fin Serv
sector[+73.2pts].
World Indices
Index Value % Change
DJI 24034 +0.21
S&P500 2610 +1.07
NASDAQ 7023 +1.71
FTSE100 6895 +0.58
NIKKEI 20440 -0.56
HANG SENG 26775 -0.20
Top Gainers
Company CMP Change % Chg
Wipro 329.8 17.25 5.52
Yes Bank 203 7.65 3.92
Tech Mahindra 706.25 26.4 3.88
Infosys 726.6 24.7 3.52
HPCL 241.55 7.6 3.25
Top Losers
Company CMP Change % Chg
Maruti Suzuki 7,355.15 -53.55 -0.72
ICICI Bank 372.75 -0.6 -0.16
Bharti Infratel 279.75 -0.35 -0.12
GAIL 324.55 -0.35 -0.11
Power Grid Corp 192.45 -0.05 -0.03
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
AARTIIND 1,560.00 2.45 0.16
LINDEINDIA 796 45.8 6.15
LIQUIDETF 1,000.01 -0.02 0
MUTHOOTFIN 545.35 12.45 2.37
MAHSCOOTER 3,499.00 145.65 4.4
Indian Indices
Company CMP Change % Chg
NIFTY 10886 +149..2 +1.39
SENSEX 36318 +464.77 +1.30
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ABGSHIP 1.85 0.05 2.63
APLAPOLLO 1,045.00 31.95 2.91
ASIANTILES 140.25 -4.15 -2.86
BASF 1,500.00 -12.65 -0.83
CURATECH 0.95 -0.05 -5

2. _____________________________________________________________________________________________________________________
Special Report
16–JAN-2019
STOCK RECOMMENDATION [CASH]
REPCOHOME
Stock has given the breakout of the neckline of the double
bottom pattern on the daily chart with the good volumes
and closed near to days high. We recommend buying
above 430 for the target of 435 with the stop loss of 420
MACRO NEWS
 The Finance Ministry may consider selling part of its
stake in Axis Bank and ITC, held through SUUTI, in next
few months, an official said.As on September 30, 2018,
Specified Undertaking of Unit Trust of India (SUUTI)
held around 9.63 percent stake in Axis Bank, 7.97
percent in ITC and 1.80 percent in L&T.While the
government is waiting for L&T to launch a buyback
offer to tender its shares; for holding in Axis Bank and
ITC, it would consider off-market deals, an official said.
 The World Bank has committed to provide India funds
worth $300 million to aid its energy efficiency
programme, sources told Moneycontrol. The move will
help the government set up the requisite
infrastructure to push forward its ambition of
expanding electric mobility in the country. In a
meeting held in December 2018, the Ministry of New
and Renewable Energy (MNRE) informed the
Committee of Secretaries that the World Bank would
route the aid to India through Energy Efficiency
Services Ltd (EESL), a government-owned public sector
unit, people aware of the development said.EESL did
not respond to Moneycontrol’s request for comment
at the time of publishing. received.
RECOMMENDATIONS [FUTURE]
1. TITAN [FUTURE ]
In Titan on daily chart as well as weekly we have seen the
breakout & also asending triangle breakout .In last two
trading session strong buying force by trader . Derivative
data also suggest that traders are bullish on this .Our
recommendation is Buy in range 975 Target 980/985 SL 965
2. SIEMENS [FUTURE]
Stock siemens near to its resistense level 1075. If resistense
level breakout we get then we expect move of 100-150
points in up side . In last week we have seen that stock is
traded in a particular range . Derivative data also suggest
that traders are bullish on this stock .Our recommendation is
to buy the stock in the range of 1076 Target 1082/1087 Sl
1063 .

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Special Report
16–JAN-2019
MOST ACTIVE CALL OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 27,500 107.95 6,26,009 7,65,220
BANKNIFTY CE 27,600 70.7 4,91,088 6,10,040
BANKNIFTY CE 27,400 157.45 3,85,114 3,42,080
RELIANCE CE 1,140 25.65 13,654 16,69,000
TCS CE 1,900 22.95 11,666 12,67,000
RELIANCE CE 1,120 36.5 10,950 10,83,000
RELIANCE CE 1,160 17.15 10,162 15,23,000
YESBANK CE 200 12.25 9,020 52,41,250
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 27,300 73.45 4,67,500 4,68,500
BANKNIFTY PE 27,200 47.05 4,66,140 6,27,120
BANKNIFTY PE 27,100 30.35 3,76,297 5,10,800
RELIANCE PE 1,100 12.8 8,314 9,08,500
RELIANCE PE 1,080 8 6,069 11,50,000
RELIANCE PE 1,120 19.4 5,785 5,70,000
TCS PE 1,800 13.1 4,959 10,49,250
YESBANK PE 200 8.3 4,512 17,29,000
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 51682 3809.87 47972 3349.39 398878 31476.85 460.4813
INDEX OPTIONS 2189187 129123.93 2164697 127874.85 727992 54781.09 1249.0744
STOCK FUTURES 207573 12377.69 215406 12744.15 1358275 82898.30 -366.4586
STOCK OPTIONS 120212 7125.50 119307 7089.91 124498 7282.46 35.5899
1378.687
SELL
STOCKS IN NEWS
MCX Q3: Consolidated profit jumps to Rs 41.99 crore
versus Rs 18.77 crore; revenue increases to Rs 76.93
crore versus Rs 62.81 crore YoY
Den Networks Q3: Loss at Rs 31.21 crore versus profit at
Rs 1.73 crore; revenue dips to Rs 308.4 crore versus Rs
328.2 crore YoY.
NIFTY FUTURE Nifty followed global market and started
with gap up but today IT and share made pressure in
market due to that whole day Nifty traded in sideways
and in last one hour it loosed almost fifty per cent gains
in intraday. On daily chart it created bearish candle since
Nifty forming Open Broadening pattern so we it will be
buy in decline around 10850 with stop loss o 10770 for
the target of 10920/10970.
INDICES R2 R1 PIVOT S1 S2
NIFTY 10973 10930 10853 10810 10734
BANKNIFTY 27519 27459 27388 27329 27258

4. _____________________________________________________________________________________________________________________
Special Report
16–JAN-2019
COMMODITY ROUNDUP
Silver futures surged 0.27 percent to Rs 36,965 per kg
Tuesday after speculators raised bets, driven by a firm trend
overseas.Silver for delivery in March traded higher by Rs
105, or 0.27 percent, at Rs 36,965 per kg in a business
turnover of 18,023 lots at the Multi Commodity Exchange.In
a similar manner, the white metal to be delivered in May,
too, rose by Rs 167, or 0.42 percent, to Rs 40,223 per kg in
2,230 lots.Analysts said widening of positions by traders in
sync with a firm trend on global markets for precious
metals, influenced silver prices at futures trade here.Oil
prices rose on Tuesday amid supply cuts by producer club
OPEC and Russia, although a darkening economic outlook
may soon weigh on growth in fuel demand.
Brent crude oil futures LCOc1 were at $59.47 per barrel at
0950 GMT, up 48 cents, or 0.81 percent, from their last
close.U.S. West Texas Intermediate (WTI) crude
futures CLc1 were at $50.92 per barrel, also up 0.81
percent, or 41 cents."OPEC-led cuts and declining U.S. rig
counts have bolstered market sentiment in the new year,"
Singapore-based brokerage Phillip Futures said.The Middle
East-dominated Organization of the Petroleum Exporting
Countries and allies including the world's number two
producer Russia agreed in late 2018 to cut supply to rein in
a global glut.In the United States, the number of rigs looking
for new oil production has dropped from a 2018 peak of
888 to a still-high 873 in early 2019. rig data, released on
Friday, pointed to a potential dent in production growth
which was at more than 2 million barrels per day last year,
making the United States the world's top oil producer. C-
OUT-T-EIA .Meanwhile, the United States last November
reimposed sanctions against Iran's oil exports. Although
Washington granted sanctions waivers to Iran's biggest oil
customers, mostly in Asia, the Middle Eastern country's
exports have plummeted since.
Japan expects to restart oil imports from Iran as early as
this month, the Nikkei business daily reported on Tuesday,
with some Japanese banks notifying customers they will
resume transactions for oil purchases. Korea expects to
receive Iranian oil imports in January after a four-month
interruption. the demand side, an economic slowdown
continues to loom over oil and financial markets.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 32000 TGT 32050/32100 SL BELOW
31900
SELL GOLD BELOW 31850 TGT 31800/31750 SL ABOVE
31950
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 39500 TGT 39550/39600 SL BELOW
39350
SELL SILVER BELOW 39200 TGT 39100 39050 SL ABOVE
39350

5. _____________________________________________________________________________________________________________________
Special Report
16–JAN-2019
NCDEX INDICES
Index Value % Change
Barley 1941 -1.27
Castor Seed 5348 1.44
Chana 4198 -1.85
Coriander 6167 -2.74
Cotton Seed Oilcake 1930 -1.43
Guar Seed 10 MT 4348 0.24
Jeera 17490 -0.51
Mustardseed 3959 0.61
Soy Bean 3466 0.7
Turmeric 6626 0.18
RECOMMENDATIONS
GUARGUM5
TRADING STRATEGY:
BUY GUARGUM JAN ABOVE 8380 TARGET 8395/8420/8440
SL 8320
SELL GUARGUM JAN BELOW 8100 TARGET
8085/8060/8040 SL 8160
DHANIYA
TRADING STRATEGY:
BUY DHANIYA JAN ABOVE 6020 TARGET 6035/6055/6080 SL
5960
SELL DHANIYA JAN BELOW 6000 TARGET 5985/5960/5940
SL 6060
Rice export prices in India rose this week due to a rally in
local rates, while Thai and Vietnam prices are expected to
drop in the coming weeks with fresh supplies hitting the
market.India's 5 percent broken parboiled variety was
quoted around $382-$387 per tonne this week, compared
with $376-$383 last week.Export prices in India had shot up
earlier after Chhattisgarh, a leading Rice producing state in
central India, raised the minimum paddy buying
price.Meanwhile, rates for Vietnam's 5 percent broken Rice
stayed flat from last week at $370-$375 a tonne, and
traders expect prices to fall in the coming weeks on rising
supplies and weak demand.In Thailand, benchmark 5-
percent broken Rice prices narrowed to $390-$400 range,
free on board Bangkok, from $380-$400 last week due to
the baht's strength against the U.S. Dollar.
According to the price analysis done by Tamil Nadu
Agriculture University ( TNAU), Coconut would fetch a
better price for farmer till March.Farmers could expect
good quality Coconut to fetch a farm gate price of Rs 15 to
Rs 17 per piece.The study also found that the damage
caused to Coconut plantation due to the cyclone Gaja and
the up coming festival season would spur the demand for
Coconuts.Coconut is cultivated in 20.79 lakh hectares land
across the country, Tamil Nadu, Kerala, Karnataka and
Andhra Pradesh are main producers. The southern states
together accounts for nearly 81 percent of the total
Coconut produced in the country. According to the price
analysis done by Tamil Nadu Agriculture University ( TNAU),
Coconut would fetch a better price for farmer till March.
Farmers could expect good quality Coconut to fetch a farm
gate price of Rs 15 to Rs 17 per piece.
The study also found that the damage caused to Coconut
plantation due to the cyclone Gaja and the up coming
festival season would spur the demand for Coconuts.

6. _____________________________________________________________________________________________________________________
Special Report
16–JAN-2019
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 70.62 Yen 65.2825
Euro 81.44 GBP 90.34
USD/INR
TRADING STRATEGY:
USD/INR
BUY USDINR FUTURE ABOVE 70.80 TARGET 70.9 71 SL 70.5
SELL USDINR FUTURE BELOW 70.5 TARGET 70.4 70.3 SL 70.8
GBP/INR
TRADING STRATEGY:
BUY GBPINR FUTURE ABOVE 90.75 TARGET 90.85 90.95 SL
90.55
SELL GBPINR FUTURE BELOW 90.20 TARGET 90.10 90 SL 90.4
The dollar fell versus other major currencies for a fourth
straight session on Tuesday, as investors grew increasingly
convinced the Federal Reserve will not raise interest rates
this year amid uncertainties over the US economy.
The dollar index fell marginally to 95.64.The euro fell on
Tuesday after data showed Germany's economy slowed in
2018, underscoring fears about a broader slump in Europe.
Europe's largest economy is struggling with a cooling of the
global economy and trade disputes driven by U.S.
President Donald Trump's policies.
An unexpected fall in German industrial output last week
weakened the euro and bred concern about a slowdown
and the European Central Bank's caution as it tries to wean
the region off stimulus.
The German economy grew by 1.5 percent in 2018, the
weakest rate in five years. after the GDP data was
released, the euro dropped to a five-day low of
$1.1423. EUR=EBSAnalysts said that while the figures were
in line with expectations, the gloomy picture added to
growing doubts about whether the ECB will raise interest
rates at all in 2019."There are increasing concerns about
euro zone economic dynamics, this confirmed those fears
and we now expect more caution from the ECB," said
Esther Maria Reichelt, an FX analyst with Commerzbank
(DE:CBKG)."In the short-run the biggest risk to Europe and
the euro is a disorderly Brexit which would come at the
most inconvenient time for the German economy," she
added.Investors are closely watching sterling with British
Prime Minister Theresa May widely expected to lose a vote
in parliament later on Tuesday on her Brexit
deal."Speculators have been betting a failed vote could
lead to a possible delay to Brexit from 29 March to July to
allow for fresh elections or a second referendum," Philip
Wee, currency strategist at DBS, said in a note.Other
analysts expect the pound will take a major beating if May
loses the vote by a wide margin since it could push Britain
closer to a chaotic exit from the European Union.Sterling
GBP=D3 traded down 0.2 percent against the dollar at
$1.2848 ahead of the vote but remained close to a 2-
month high hit on Monday of $1.2930.

7. _____________________________________________________________________________________________________________________
Special Report
16–JAN-2019
Date
Commodity/
Currency Pairs
Contract Strategy Entry Level Target Stop Loss Remark
15/1/19 NCDEX DHANIYA JAN BUY 6020
6035/6055/60
80
5960 NOT EXECUTED
15/1/19 NCDEX DHANIYA JAN Sell 6000
5985/5960/59
40
6060 TARGET
15/1/19
NCDEX
GUARGUM5
JAN BUY 8380
8395/8420/84
40
8320 TARGET
15/1/19
NCDEX
GUARGUM5
JAN SELL 8350
8335/8320/82
90
8410 TARGET
15/1/19 MCX GOLD JAN BUY 31790 31840 31940 31720
NOT EXECUTED
15/1/19 MCX GOLD JAN SELL 31700 31650 31550 31770
TARGET HIT
15/1/19 MCX SILVER MAR BUY 39460 39600 39800 39260 NOT EXECUTED
15/1/19 MCX SILVER MAR SELL 39350 39200 39000 39550 TARGET HIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
15/1/19 NIFTY FUTURE BUY 10850 10920/10970 10750 OPEN
15/1/19 STAR FUTURE BUY 477-480 487/493 468 OPEN
15/1/19 BHARAT FIN FUTURE BUY 1010-1012
1020/1030/10
35
995
NOT
EXECUTEED
15/1/19 REPOHOME CASH BUY 430 435 420 TARGET

8. _____________________________________________________________________________________________________________________
Special Report
16–JAN-2019
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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 ACTUAL FORECAST PREVIOUS
THE GOVERNMENT SHUTDOWN COULD DELAY THE RELEASE OF SOME DATA THIS WEEK
MONDAY, JAN. 14
None scheduled
TUESDAY, JAN. 15
8:30 am Producer price index Dec. -0.1% 0.1%
8:30 am Empire state index Jan. -- 10.9
WEDNESDAY, JAN. 16
8:30 am Retail sales* Dec. 0.1% 0.2%
8:30 am Retail sales ex-autos* Dec. 0.0% 0.2%
8:30 am Import price index Dec. -- -1.6%
10 am Business inventories* Nov. -- 0.6%
10 am Home builders' index Jan. -- 56
THURSDAY, JAN. 17
8:30 am Weekly jobless claims 1/12 220,000 216,000
8:30 am Housing starts* Dec. 1.256mln 1.256mln
8:30 am Building permits* Dec. -- 1.328mln
8:30 am Philly Fed index Jan. -- 9.1
FRIDAY, JAN. 18
9:15 am Industrial production Dec. 0.3% 0.6%
9:15 am Capacity utilization Dec. 78.5% 78.5%
10 am Consumer sentiment index Jan. 98.0 98.3