Epic Research provides Stock market strategies and tips that beginners and experts can get the profit in share market. Visit http://www.epic-research.co/
1. _____________________________________________________________________________________________________________________
Special Report
21 -FEB-2019
Global markets at a glance
US stocks ended higher on Wednesday after minutes from
the Federal Reserve’s last meeting reaffirmed for investors
that the US central bank would be “patient” with respect to
further interest rate hikes.The Dow Jones Industrial
Average rose 63.12 points, or 0.24 percent, to 25,954.44,
the S&P 500 gained 4.94 points, or 0.18 percent, to 2,784.7
and the Nasdaq Composite added 2.30 points, or 0.03
percent, to 7,489.07.
Asian shares held near 4-1/2-month highs on Thursday
after US Federal Reserve minutes affirmed it would be
“patient” on interest rate rises and risk assets got a lift
from hopes of further progress in US-China trade
talks.MSCI’s broadest index of Asia-Pacific shares outside
Japan were steady in early trade, hovering just off their
highest since early October. Australian shares gave up early
gains, last trading 0.1 percent lower, but the Australian
dollar rallied in the wake of strong full-time jobs
figure.Trends on SGX Nifty indicate a negative opening for
the broader index in India, a fall of 37 points or 0.34
percent. Nifty futures were trading around 10,730 - level
on the Singaporean Exchange.
PREVIOUS DAY ROUNDOFF
Indian equity markets continued to trade with a positive
bias after opening gap up on Wednesday. The Nifty was up
71 points at 10,676, while Bank Nifty was up 173 points at
26,856 in early afternoon trade.Small-cap and mid-cap
stocks continued to witness buying and rose 0.66% and
0.56%, respectively.Among the sectoral indices, Nifty Metal
and Nifty PSU Bank were the top performers, up 2.18% and
1.06%, respectively.Meanwhile, heavy selling pressure was
seen in stocks of Anil Dhirubhai Ambani Group (ADAG) with
the likes of Reliance Capital and RCom dropping 7.4% and
6.67%, respectively, as the Supreme Court held Anil
Ambani guilty of contempt in the Ericsson case.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Commodities[+74.8pts],
C o ns um pt i o n[+ 23 .65 pt s ],P SE [+6 1 .7 pt s ], C P SE
[+43pts],Energy[+268.10pts],FMCG[+43.7pts],Auto
[+48.10pts],Pharma[+53.65pts],IT[+275.95pts],Metal
[+75.30pts],Realty[+0.60pts], Fin Serv sector[+129.60pts].
World Indices
Index Value % Change
DJI 26036 +0.28
S&P500 2784 +0.18
NASDAQ 7489 +0.03
FTSE100 7228 +0.69
NIKKEI 21497 +0.31
HANG SENG 28711 +0.69
Top Gainers
Company CMP Change % Chg
Indiabulls Hsg 652 37.7 6.14
Vedanta 160.2 7.1 4.64
Tata Steel 493.7 22.75 4.83
Adani Ports 354.6 15.05 4.43
Hindalco 193.9 7.35 3.94
Top Losers
Company CMP Change % Chg
Zee Entertain 446 -0.45 -0.1
Dr Reddys Labs 2,528.00 -8.9 -0.35
Hero Motocorp 2,629.00 -7.85 -0.3
HUL 1,736.00 -1.95 -0.11
IndusInd Bank 1,479.25 -1.25 -0.08
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
AAVAS 945 37.1 4.09
AXISGOLD 2,994.85 -1.1 -0.04
BALRAMCHIN 128.2 -2.5 -1.99
GOLDBEES 3,001.50 14.85 0.5
CANTABIL 209.8 14.55 7.61
Indian Indices
Company CMP Change % Chg
NIFTY 10742 +137.9 +1.30
SENSEX 35756 +403.65 +1.14
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ABGSHIP 1.3 0.05 3.7
ADHUNIKIND 35.5 0.4 1.01
AIFL 10.05 0.5 4.74
ARIES 69.4 -1.5 -2.1
ARIHANTSUP 45.5 2.25 4.81
2. _____________________________________________________________________________________________________________________
Special Report
21 -FEB-2019
STOCK RECOMMENDATION [CASH]
REPCOHOME
Stock showing weakness in last week & 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 fallen . Our recommendation is to sell the stock
below 310 target 305/300 Sl 318 .
MACRO NEWS
The Federal Reserve on Wednesday signaled they will
soon lay out a plan to stop letting go of $4 trillion in
bonds and other assets, but policymakers are still
debating how long their newly adopted “patient”
stance on US rates policy will last. For now,
policymakers see little risk to leaving interest rates
alone while they take time to assess rising risks,
including a global slowdown, according to the Fed’s
minutes from their Jan. 29-30 meeting, released on
Wednesday.
India will remain the fastest growing major economy,
much ahead of China, in the next decade 2019-28,
according to a global economic research report.The
report prepared by Oxford Economics, which is
engaged in global forecasting and quantitative
analysis, India is likely to achieve an average growth of
6.5 percent in 2019-28, the highest among the
emerging economies.India will be followed by the
Philippines (5.3 per cent) and Indonesia (5.1 percent),
the report titled 'Emerging Markets Sustained Growth
in EMs Calls for Thrift and Innovation' said. China has
been assigned the fourth slot with an average growth
rate of 5.1 per cent for the next decade (2019-28).
RECOMMENDATIONS [FUTURE]
1. Titan [FUTURE ]
TITAN -Titan is trading above its 100 DEMA .Our view is that
stock may bounce back from lower level , recommendation
is to Buy 1035 stock target will be 1040/1045 SL below
1025
2. KSCL [FUTURE]
KSCL— In KSCL we have seen sharp selling in this week , we
may expect that it will be continue in upcoming week also.
On Technical point of view seen trend line breakdown & also
stock not able to sustain at upper level. RSI & MACD also
indicate downtrend in this stock with strong volume.Our
recommendation is sell stock future in the range of 410
Target 405/400 Sl 420
3. _____________________________________________________________________________________________________________________
Special Report
21 -FEB-2019
MOST ACTIVE CALL OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 27,000 70 11,11,832 5,35,640
BANKNIFTY CE 26,900 120.2 8,49,745 2,75,320
BANKNIFTY CE 27,100 33.3 7,58,217 5,03,340
RELIANCE CE 1,240 20.55 10,923 12,37,500
RELIANCE CE 1,260 12.5 9,259 14,73,500
TATASTEEL CE 500 7 7,783 16,94,417
TATASTEEL CE 490 11.25 6,090 8,55,166
YESBANK CE 220 7.1 6,084 51,94,000
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 26,800 33.5 8,60,888 6,66,720
BANKNIFTY PE 26,700 18 8,03,530 6,02,620
BANKNIFTY PE 26,600 11.75 6,29,708 4,86,940
RELIANCE PE 1,200 8.5 9,244 14,04,500
RELIANCE PE 1,220 13.65 6,554 6,54,500
TATASTEEL PE 480 4.95 5,958 14,21,740
RELCAPITAL PE 130 3.5 4,951 10,33,500
RELCAPITAL PE 140 5.5 4,556 10,03,500
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 27607 1953.81 73094 5554.42 378025 29594.15 -3600.6063
INDEX OPTIONS 3119714 182034.68 3088262 180005.06 835121 62953.70 2029.615
STOCK FUTURES 263787 13604.61 264387 14104.13 1519302 89530.86 -499.5194
STOCK OPTIONS 200053 10680.74 194790 10354.77 170200 9838.80 325.9606
-1744.5501
SELL
STOCKS IN NEWS
Steel: Government extends exemption on some
imported grades of steel until April 17, 2019.
JSW Steel: Moody's changes company's outlook to
positive; affirms all ratings
NIFTY FUTURE NIFTY -On daily weekly chart we have
identify that Head & Shoulder pattern is forming at the
top . Head & shoulder & for a short term forming
Raising wedge pattern in technical term bearish reversal
pattern .Nifty breach the important level of 11000 in this
week ,but closing below 11000 .On technical point of
view still our recommendation is to sell nifty future in
the range of 10720 Target 10700/10650 SL 10850 Our
strategy is to sell on rise .
INDICES R2 R1 PIVOT S1 S2
NIFTY 10817 10776 10711 10670 10605
BANKNIFTY 27144 27049 26891 26796 26638
4. _____________________________________________________________________________________________________________________
Special Report
21 -FEB-2019
COMMODITY ROUNDUP
Saudi Arabia's Crown Prince Mohammed bin Salman said on
Wednesday he saw investment opportunities of more than
$100 billion in India over the next two years as he began his
first official visit amid tensions between arch foes India and
Pakistan.India rolled out the red carpet for the crown prince
as it seeks diplomatic support against Pakistan following a
militant attack in the disputed region of Kashmir.The crown
prince was also given a lavish welcome this week in Pakistan
where the two sides signed memoranda of understanding
valued at about $20 billion to help prop up Pakistan's
economy.In a joint press appearance after talks with Indian
Prime Minister Narendra Modi, the crown prince said
terrorism was a common concern and Saudi Arabia was
ready to share intelligence with India to tackle it.India
blames Pakistan for not doing enough to roll up militant
groups that operate from its soil including the one that
claimed responsibility for the Kashmir car bombing on
Thursday last week.Pakistan denies any involvement in
cross-border terrorism and said it would retaliate against an
Indian attack.
Oil prices were around 2019 highs on Wednesday, propped
up by supply cuts led by producer club OPEC and by US
sanctions on Iran and Venezuela.But soaring US production
and expectations of an economic slowdown look set to cap
prices, analysts said.US West Texas Intermediate (WTI)
crude oil futures hit 2019 highs of $56.39 per barrel shortly
after 0300 GMT on Wednesday, up 30 cents, or 0.5 percent,
from their last settlement.International Brent crude futures
were at USD 66.58 per barrel, up 13 cents, or 0.2 per cent,
from their last close and not far off their 2019 high of USD
66.83 per barrel from Monday.Oil prices have been
supported by supply cuts led by the Organization of the
Petroleum Exporting Countries (OPEC).OPEC-member and
top crude exporter Saudi Arabia is expected to reduce
shipments of light crude oil to Asia in March as part of the
effort to tighten markets.OPEC as well as some non-
affiliated producers such as Russia agreed late last year to
cut output by 1.2 million barrels per day (bpd) to prevent a
large supply overhang from swelling.“We have lowered
Saudi crude oil output in line with announcements ... (and)
are now assuming that Saudi Arabia will produce in the first
three quarters of 2019 less than the 10.31 million bpd
target it agreed to at the Dec 7 OPEC, non-OPEC meeting,”
French bank BNP Paribas said in a note.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
Gold Buy Above 33800 Target 33850/33900 Sl 33700
Gold Sell Below 33700 Target 33650/33600 Sl 33800
SILVER
TRADING STRATEGY:
Silver Buy Above 40600 Target 40650 /40700 Sl 40500
Silver Sell Below 40500 Target 40450 /40400 Sl 40600
5. _____________________________________________________________________________________________________________________
Special Report
21 -FEB-2019
NCDEX INDICES
Index Value % Change
Castor Seed 5352 -2.47
Chana 4256 0.02
Coriander 6214 0.74
Cotton Seed Oilcake 2001 -1.65
Guar Seed 10 MT 4242 0.17
Jeera 15560 0.77
Mustardseed 3843 0.57
Soy Bean 3726 -0.13
Turmeric 6306 -0.57
RECOMMENDATIONS
GUARGUM5
TRADING STRATEGY:
BUY GUARGUM MARCH ABOVE 8400 TGT 8500/8600 SL
BELOW 8270
SELL GUARGUM MARCH BELOW 8250 TGT 8150/8050 SL
ABOVE 8370
DHANIYA
TRADING STRATEGY:
BUY DHANIYA APRIL ABOVE 6220 TGT 6260/6310 SL
BELOW 6170
SELL DHANIYA APRIL BELOW 6130 TGT 6080/6030 SL
ABOVE 6200
Operating margins of sugar millers could improve by 300-
400 basis points (bps) in sugar season 2019 (Oct 2018- Sep
2019) following a ~7% increase in the minimum support
price to Rs 31 per kg from Rs 29 announced by the
government, rating agency CRISIL research said in its latest
report.“This will lead to incremental domestic sales
realisation of ~Rs 3,300 crore, while higher export prices
will generate another ~Rs 200 crore. That will help sugar
mills reduce their cane arrears, which stands at Rs 20,000
crore now, by ~18% to ~Rs 16,500 crore. It will also cut the
losses that millers have racked up because of excess supply
and tepid exports,” the agency noted.Raw material cost as a
proportion of sugar sales increased to about 90% in the
current season following an uptick in the Fair and
Remunerative Price (FRP) of sugarcane, and subdued sugar
prices owing to oversupply both locally and globally.
Though the government took steps to arrest the losses of
millers, non-integrated units continued to bleed in this
season, the report said.
Procincreased to 8.5 lakh bales in the ongoing 2018-19
Cotton season from 3.6 lakh bales during same period last
year as prices remained below the minimum support prices
(MSP) due to weak global prices and low exports.The
Corporation expects procurement to touch 15 lakh bales by
the end of the season.The MSP for medium-staple variety
of Cotton is at Rs 5,150/quintal and that for long staple at
Rs 5,450/quintal which are roughly equivalent to Rs 43,000-
43,500 per candy (1 candy = 356 kg). The government had
raised the MSP for Cotton by 26% this year. Around 52% of
the crop has already arrived in the market.urement of
Cotton by Cotton Corporation of India (CCI) has
6. _____________________________________________________________________________________________________________________
Special Report
21 -FEB-2019
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 71.19 Yen 64.28
Euro 80.7625 GBP 92.7250
USD/INR
TRADING STRATEGY:
USD/INR
BUY USDINR ABOVE 71.60 TGT 71.80/72.05 SL BELOW 71.35
SELL USDINR BELOW 71.15 TGT 71.05 /70.90 SL ABOVE
71.30
GBP/INR
TRADING STRATEGY:
BUY GBPINR ABOVE 93 TGT 93.10 93.20 SL BELOW 92.8
SELL GBPINR BELOW 92.65 TGT 92.55 92.45 SL ABOVE
92.85
China's yuan rose on Wednesday after the United States
pressed Beijing to prevent sharp weakening of its currency
as part of any trade deal, while the dollar paused as traders
positioned ahead of the release of Federal Reserve policy
minutes.The yuan has been a strong performer in 2019,
helped by the recovery in emerging market assets broadly
and optimism that Washington and Beijing are close to
agreeing a deal to end their trade conflict.In offshore
markets, the yuan rose 0.4 percent to as strong as 6.7195
CNH= , its best level since Feb. 1.The dollar, measured
against a basket of currencies, held steady at
96.501 .DXY .The dollar index rose to a two-month high last
week but demand for the liquid greenback has ebbed on
optimism that a fresh round of talks between China and
the United States would help resolve their trade conflict.
The euro nudged higher to $1.1350 EUR= but was struck
within recent ranges - the single currency has struggled
this month as worries about the state of the euro zone
economy grow.Analysts at ABN AMRO's Georgette Boele
said the bank had downgraded its euro forecasts for 2019
because of economic concerns."However, we also expect
limited downside in the euro, because weaker-than-
expected euro zone data have had only a limited negative
impact on the euro, suggesting that most of the weakness
is reflected in the price," she said.
The dollar was lower against the euro and the British
pound in early trading in Europe Wednesday as a fall in
U.S. Treasury yields reduced its attractiveness amid
expectations of dovish news on interest rates from the
Federal Reserve.Bond yields are under pressure from
economic data that have tended towards the weak side in
recent days. The 10-year benchmark Treasury yield has
fallen to 2.64% from 2.80% over the last month, amid
uncertainty over how far the Federal Reserve can afford to
tighten monetary policy.Such uncertainty puts a special
focus Wednesday on the release of the minutes from the
last Federal Open Market Committee meeting, where the
U.S. central bank pivoted to a more neutral and data-
dependent stance, dropping its previous guidance about
the likelihood of further interest rate increases.
7. _____________________________________________________________________________________________________________________
Special Report
21 -FEB-2019
Date
Commodity/
Currency Pairs
Contract Strategy Entry Level Target Stop Loss Remark
20/2/19 NCDEX DHANIYA APR BUY 6340
6355/6370/64
00
6280 NOT EXECUTED
20/2/19 NCDEX DHANIYA APR Sell 6250
6235/6220/61
90
6310 TARGET
20/2/19
NCDEX
GUARGUM5
MAR BUY 8200
8215/8240/82
60
8260 TARGET
20/2/19
NCDEX
GUARGUM5
MAR SELL 8150
8135/8120/80
80
8210 TARGET
20/2/19 MCX GOLD MAR BUY 33350 33400/33475 33250 NOT EXECUTED
20/2/19 MCX GOLD MAR SELL 32900 32800/32800 33 TARGET
20/2/19 MCX SILVER MAR BUY 40700 40750/40800 40500 NOT EXECUTED
20/2/19 MCX SILVER MAR SELL 40400 40300/40200 40600 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
20/2/19 NIFTY FUTURE SELL 10750 10700/10650 10850 TARGET
20/2/19 TITAN FUTURE BUY 1040 1045/1050 1030 TARGET
20/2/19 KSCL FUTURE SELL 460 455/450 470 TARGET
20/2/19 REPOHOME CASH SELL 310 305/300 318 NOT EXECUTED
8. _____________________________________________________________________________________________________________________
Special Report
21 -FEB-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
MONDAY, FEB. 18
Presidents Day holiday
None scheduled
TUESDAY, FEB. 19
8:50 am Loretta Mester speaks
10 am Home builders' index Feb. 62 -- 58
WEDNESDAY, FEB. 20
8:30 am Housing starts* Jan DELAYED --
8:30 am Building permits* Jan. DELAYED --
2 pm FOMC minutes
THURSDAY, FEB. 21
7:50 am Raphael Bostic speaks
8:30 am Weekly jobless claims 2/16 229,000 239,000
8:30 am Durable goods orders (new date)* Dec. 1.3% 0.7%
8:30 am
Core capital equipment orders
(new date)*
Dec. -- -0.6%
8:30 am Philly Fed Feb. -- 17.0
9:45 am Markit manufacturing PMI (flash) Feb. -- 54.9
9:45 am Markit services PMI (flash) Feb. -- 54.2
10 am Existing home sales Jan. 4.99 mln 4.99 mln
10 am Leading economic indicators Jan. -- -0.1%
FRIDAY, FEB. 22
All Day
Chicago Booth monetary policy forum
Richard Clarida, keynote speaker
Randal Quarles, John Williams, Mary Daly,
James Bullard, Patrick Harker participate
9. _____________________________________________________________________________________________________________________
Special Report
21 -FEB-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.
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: 2019-02-21
09:23+05:30