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_____________________________________________________________________________________________________________________
Special Report
28-Dec-2018
Global markets at a glance
The benchmark S&P 500 stock index ended little changed in
a choppy trading session on Tuesday as the possibility of a
partial US government shutdown raised investor jitters
ahead of a highly anticipated meeting of the Federal
Reserve. The Dow Industrials and the Nasdaq posted slight
gains, however, as shares of Boeing Co and the group of
internet-focused momentum stocks known as FAANG rose.
The Dow Jones Industrial Average rose 82.66 points, or
0.35 percent, to 23,675.64, the S&P 500 gained 0.22 point,
or 0.01 percent, to 2,546.16 and the Nasdaq Composite
added 30.18 points, or 0.45 percent, to 6,783.91.Asian
share markets played second fiddle to bonds on
Wednesday as a spectacular fall in the price of oil fanned
speculation the US Federal Reserve might be done with
tightening after its policy meeting later in the day. MSCI's
broadest index of Asia-Pacific shares outside Japan gained
0.2 percent in hesitant early trade. Japan's Nikkei eased 0.1
percent, while E-Mini futures for the S&P 500 inched up
0.17 percent.
PREVIOUS DAY ROUNDOFF
Equity benchmarks ended the session on a positive note,
but off the high points. The Nifty ended December series
below 10,800.Some selling in banks, automobiles, metals
and pharmaceuticals weighed on benchmarks, while the
Nifty Midcap index ended with gains of over one third of a
percent.At the close of market hours, the Sensex was up
157.34 points or 0.44% at 35807.28, while the Nifty was
higher by 49.90 points or 0.47% at 10779.80. The market
breadth was narrow as 1313 shares advanced, against a
decline of 1233 shares, while 181 shares were unchanged.
Adani Ports, Reliance Industries, Tech Mahindra and ONGC
gained the most, while Airtel, Hero MotoCorp, and Tata
Motors lost the most.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Commodities[+0.3pts],
C o n s u m p t i o n [ + 0 . 5 1 p t s ] , P S E [ + 0 . 6 5 p t s ] , C P S E
[+0.72pts],Energy[+1.57pts],FMCG[+1.27pts],Auto[-
0.46pts],Pharma[-0.22pts],IT[+1.38pts],Metal[-
0.30pts],Realty[-0.58pts], Fin Serv sector[-0.14pts].
World Indices
Index Value % Change
DJI 23696 +0.37
S&P500 2506 -1.54
NASDAQ 6192 -2.21
FTSE100 6686 -0.52
NIKKEI 20077 +3.8
HANG SENG 25478 -0.67
Top Gainers
Company CMP Change % Chg
Adani Ports 384 7.45 1.98
Tech Mahindra 708.9 15.35 2.21
Bharti Infratel 266.8 4.2 1.6
Zee Entertain 464.4 9.35 2.05
Infosys 656.8 12.75 1.98
Top Losers
Company CMP Change % Chg
BPCL 364.6 -1.75 -0.48
Tata Motors 168.25 -2.65 -1.55
Hero Motocorp 3,128.80 -46.4 -1.46
Bharti Airtel 316.7 -3.75 -1.17
Tata Steel 506.5 -6.95 -1.35
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
BANG 53.8 3.6 6.69
GMMPFAUDLR 1228.1 25.9 2.11
HINDUNILVR 1860.55 -9.8 -0.53
IRCON 425.25 31.75 7.47
ICICILIQ 1000 0 0
Indian Indices
Company CMP Change % Chg
NIFTY 10779 49 +0.47
SENSEX 35807 157 +0.44
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ADHUNIK 2.35 0.05 2.13
AMTEKAUTO 3.5 0 0
DAMODARIND 45.15 1.35 2.99
EASUNREYRL 5.45 0.25 4.59
ENIL 594.4 3.25 0.55
_____________________________________________________________________________________________________________________
Special Report
28-Dec-2018
STOCK RECOMMENDATION [CASH]
JUBILANT FOOD
On Daily chart we have seen that stock near its support
level, expectation it will broke its support level. . Fresh
Buying we have seen in last trading session . After analysis
of derivative data its indicate that traders view is to buy
the stock . Our recommendation is also Buy the stock in
the range of 1250 target 1260/1270 Sl 1230
MACRO NEWS
 India's retail inflation eased to 2.3 percent in
November, according to data released by the
government on December 12. It stood at 4.88 percent
in November last year and was 3.31 percent in
October.Led by deflation in food items, softening
crude oil prices and relatively stable domestic
currency, the central bank kept key policy rates
unchanged last week.
 The Cabinet on December 17 approved amending the
existing laws to provide legal backing for seeding of
biometric ID Aadhaar with mobile numbers and bank
accounts as an optional KYC after the Supreme Court
barred mandatory use of 12-digit unique identifier by
private firms, sources said. The Cabinet headed by
Prime Minister Narendra Modi approved amendments
to the Telegraph Act and the Prevention of Money
Laundering Act (PMLA) after the Supreme Court in
September imposed restrictions on the use of Aadhaar
by private companies.
 Zydus Wellness that already has a strong presence in
the sugar substitute market, has expanded its portfolio
by launching a new variant Sugar Lite, said Tarun
Arora, Chief Operating Officer and Director, Zydus
Wellness.
RECOMMENDATIONS [FUTURE]
1. JUBILANT FOOD (FUTURE )
On Daily chart we have seen that stock near its support
level, expectation it will broke its support level. . Fresh
Buying we have seen in last trading session . After analysis
of derivative data its indicate that traders view is to buy the
stock . Our recommendation is also Buy the stock in the
range of 1250 target 1260/1270 Sl 1230
2. BEML [FUTURE]
On Daily chart we have seen that stock close above its pivot
resistense level . Fresh Buying we have seen in last trading
session . After analysis of derivative data its indicate that
traders view is to Buy the stock . Our recommendation is
also buy the stock in the range of 910 target 915/920 Sl
900
_____________________________________________________________________________________________________________________
Special Report
28-Dec-2018
MOST ACTIVE CALL OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 27,200 0.05 25,67,986 14,06,940
BANKNIFTY CE 27,100 0.05 22,11,081 11,50,220
BANKNIFTY CE 27,300 0.05 17,95,081 12,28,680
RELIANCE CE 1,120 0.35 34,493 7,30,500
RELIANCE CE 1,140 0.05 13,727 16,68,500
SBIN CE 300 0.05 11,383 75,09,000
MARUTI CE 7,600 0.05 9,649 84,000
INFY CE 660 0.05 9,560 12,08,400
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 26,900 6.5 29,48,525 2,25,520
BANKNIFTY PE 27,000 86.8 27,12,918 1,41,120
BANKNIFTY PE 26,800 0.05 17,26,608 9,73,680
RELIANCE PE 1,120 0.1 19,742 5,64,500
RELIANCE PE 1,100 0.05 11,966 10,09,500
MARUTI PE 7,500 0.4 8,808 40,350
YESBANK PE 180 1.8 6,390 13,94,750
SBIN PE 290 0.05 5,495 37,26,000
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 186636 13921.68 195007 14676.42 443106 34263.28 -754.743
INDEX OPTIONS 2504350 151864.57 2507286 151949.34 904516 67556.53 -84.7702
STOCK FUTURES 561906 32306.16 563425 32578.21 1517487 90480.81 -272.0549
STOCK OPTIONS 121983 7071.84 122239 7080.18 161995 8995.63 -8.3369
-1119.905
SELL
STOCKS IN NEWS
Pfizer: Parent company Pfizer Inc USA and
GlaxoSmithKline plc entered into an agreement to create
a premier global consumer healthcare company.
TCS: Company launched next-generation private cloud in
Canada.
NIFTY FUTURE In last trading session we have seen the
buying pressure in the market. It form green bullish
candle on daily chart . We expect that upcoming week
from trading prospective is very volatile . Our view on
market is bearish ,our recommendation is to sell the nifty
future in the range of 10750 Target 10720/10700/10690
Sl 10800 .Sell on rise strategy follow for trading &
positional purpose
INDICES R2 R1 PIVOT S1 S2
NIFTY 10862 10821 10792 10751 10723
BANKNIFTY 27382 27130 26987 26735 26593
_____________________________________________________________________________________________________________________
Special Report
28-Dec-2018
COMMODITY ROUNDUP
Crude prices were lower on Friday, as the Organization of
the Petroleum Exporting Countries (OPEC) struggled to
come up with an agreement on cutting oil production.West
Texas Crude oil futures for January slumped 0.50% to
$51.23 a barrel as of 4:54 AM ET (9:54 GMT), after falling
nearly 3% on Thursday. Meanwhile Brent crudefutures, the
benchmark for oil prices outside the U.S., dipped 0.45% to
$59.78.The Thursday session of the OPEC meeting in Vienna
ended without any decision on cutting oil supply, as Iran
seeks an exemption from any cuts due to U.S. sanctions
which have already weighed on its exports.
Saudi Arabia’s oil minister Khalid Al Falih said on Friday that
he is not confident a deal will be reached.Oil is down 30%
since October amid worry over increased supply as global
demand slows.Oil output from the world's biggest
producers - OPEC, Russia and the United States - has
increased by 3.3 million barrels per day (bpd) since the end
of 2017, to 56.38 million bpd, meeting almost 60 percent of
global consumption.
Pan Pacific Copper (PPC), Japan's top copper smelter,
expects the price of the industrial metal to rise toward
$7,000 a tonne in 2019, from about $6,168 now, backed by
firm global demand and tighter supply, its executive
said.PPC, which is also a miner controlled by JXTG
Holdings 5020.T , expects global consumption and supply of
refined copper to each increase by 2.2 percent in 2019 from
this year, Takeshi Suwabe, Pan Pacific's general manager for
marketing, told Reuters this week.
"With support from physical buyers, copper prices are likely
to try $6,400 level in the short term," he said.Three-month
copper CMCU3 on the London Metal Exchange has fallen 15
percent this year amid worries that the months-long U.S.-
Sino trade war may hurt the global economy including
China.But Suwabe said global copper sales have been solid
despite the trade spat and the price will likely climb toward
$7,000 - the level needed for miners to start developing
new mines - in the latter part of 2019 to reflect a tighter
market
Russian energy minister Alexander Novak returned to
Vienna on Friday after discussing OPEC with Russian
President Vladimir Putin in Moscow. said on Friday Russia
would seek an agreement with OPEC and non-OPEC
producers and a Russian Energy Ministry source said.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 31200 TGT 31250/31300 SL BELOW
31100
SELL GOLD BELOW 31000 TGT 30050/30900 SL ABOVE
31100
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 37800 TGT 37850/37925 SL BELOW
33600
SELL SILVER BELOW 37300 TGT 37200/37150 SL ABOVE
37400
_____________________________________________________________________________________________________________________
Special Report
28-Dec-2018
NCDEX INDICES
Index Value % Change
Barley 1918.5 -0.13
Castor Seed 5142 -3.73
Chana 4529 -3.97
Coriander 6340 -3.99
Cotton Seed Oilcake 1867 -2.09
Guar Seed 10 MT 4308 -2.81
Jeera 17740 -3.04
Mustardseed 3983 -1.88
Soy Bean 3343 -0.24
Turmeric 6604 -0.67
RECOMMENDATIONS
GUARGUM5
TRADING STRATEGY:
BUY GUARGUM JAN ABOVE 8390 TARGET 8405/8420/8450
SL 8330
SELL GUARGUM ABOVE JAN 8320 TARGET
8305/8280/8260 SL 8380
DHANIYA
TRADING STRATEGY:
BUY DHANIYA JAN ABOVE 6210 TARGET 6225/6240/6270
SL 6160
SELL DHANIYA JAN ABOVE 6170 TARGET 6155/6140/6110
SL 6230
Despite a reduction in Australian production, world wheat
supplies for 2018-19 have increased by 800,000 tonnes,
according to the latest US Department of Agriculture world
supply report.A bumper Canadian crop and additional
Russian carry-over stocks have levelled out the gap in grain
production as Australian production suffers the effects of
drought.Australia’s wheat exports were lowered by one
million tonnes to 10.5 million tonnes, as export prices were
expected to remain uncompetitive and domestic grain
supplies likely to be consumed as feed, the report said.In
comparison, Australian wheat exports in 2017-18 reached
14 million tonnes.The report also scaled back total
Australian grain production by 500,000 tonnes to 17 million
tonnes for 2018-19.Global ending stocks are raised 1.4
million tons to 268.1 million, primarily on increases for the
EU and the United States but are 4 percent lower than last
year’s record 279.9 million.
Centre has threatened action against exporters because the
country may miss the export target of 5 million tonnes by a
wide margin.Traders have managed to ship only 179,000
tonnes for the October-December quarter while 80,000
tonnes are at various ports awaiting the loading operation.
This would mean the maximum possible exports for the
quarter would be 260,000 tonnes, against the total 600,000
tonnes the exporters have contracted for, the report said.
The domestic inventory has 10 million tonnes of carryover
stocks while an additional 31.5 million tonnes of current
year's output is expected. A domestic consumption of 25.5
million tonnes is inadequate to reduce the stocks.India is
already facing international heat over what other Sugar
exporting nations call market-distorting subsidies causing
a global price slump.
_____________________________________________________________________________________________________________________
Special Report
28-Dec-2018
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 70.55 Yen 63.76
Euro 80.66 GBP 89.2425
USD/INR
TRADING STRATEGY:
USD/INR
BUY USDINR NOV ABOVE 70.30 TGT 70.42 72.5 SL 70
SELL USDINR NOV BELOW 70.10 TGT 70 69.8 SL 70.4
GBP/INR
TRADING STRATEGY:
BUY GBPINR NOV ABOVE 90.6 TGT 90.7 90.8 SL 90.4
SELL GBPINR NOV BELOW 90.4 TGT 90.3 90.2 SL 90.6
The Indian rupee, on Wednesday, opened over 34 paise
higher against the US dollar at 70.10 per US dollar. Falling
crude oil prices is aiding the rally on Indian currency.The
currency further gained strength as it passed 70 per US
dollar mark. It touched an intraday low of 69.89 per US
dollar.The currency on December 18 rallied by a whopping
112 paise, its best single-day gains in over five years, to
settle at 70.44 against the US dollar as softening crude oil
prices eased concerns over India's current account deficit
expansionBesides, sustained selling of the American
currency by exporters and banks as well as the greenback's
weakness against its key rivals globally ahead of the US Fed
policy decision on December 19 also helped the domestic
unit scale further heights.
The dollar fell on Wednesday as investors bet that the
Federal Reserve would signal plans to slow its pace of
interest rate raises at a keenly-watched meeting later in
the day.Fed policy makers are widely tipped to raise rates
for a fourth time this year but also to express caution
about future monetary tightening due to concern about
slowing global growth.Expectations of a pause from the
Fed amid a U.S.-China trade conflict and global financial
market volatility has led some investors to question if the
dollar's stellar run will continue into 2019.
U.S. President Donald Trump has repeatedly berated the
Fed and on Tuesday said in a Tweet it was "incredible" for
the central bank to even consider tightening given global
economic uncertainties."A hike is still likely, regardless of
Trump's displeasure, but there's a very good chance that
they will reduce the number of hikes in 2019 to two (from
three)," said Kit Juckes, global head of FX strategy
at Societe Generale (PA:SOGN).The safe-haven yen and the
Swiss franc both strengthened as an overnight plunge in oil
prices provided a stark reminder of the dimming prospects
for the global economy.The euro was also supported by
news that Italy had struck a deal with the European
Commission over its contested 2019 budget, signalling an
end to weeks of wrangling that had shaken financial
markets.
_____________________________________________________________________________________________________________________
Special Report
28-Dec-2018
Date
Commodity/
Currency Pairs
Contract Strategy Entry Level Target Stop Loss Remark
27/12/18 NCDEX DHANIYA JAN BUY 6210
6225/6240/62
70
6160 TARGET
27/12/18 NCDEX DHANIYA JAN Sell 6170
6155/6140/61
10
6230 TARGET
27/12/18
NCDEX
GUARGUM5
JAN BUY 8390
8405/8420/8/
450
8330 NOT EXECUTED
27/12/18
NCDEX
GUARGUM5
JAN SELL 8320
8305/8280/82
60
8380 TARGET HIT
27/12/18 MCX GOLD JAN BUY 31200 31250/31300 31100 NOT EXECUTED
27/12/18 MCX GOLD JAN SELL 31000 30950/30900 31200 NOT EXECUTED
27/12/18 MCX SILVER MAR BUY 37800 37850/37925 33600 NOT EXECUTED
27/12/18 MCX SILVER MAR SELL 37300 37200/37150 37400 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
27/12/18 NIFTY FUTURE SELL 10940
10900/10850/
10820
11000 NOT EXECUTED
27/12/18 JUBILANT FOOD FUTURE BUY 1250 1260/1270 1230 SL HIT
27/12/18 BEML FUTURE BUY 910 915/920 900 SL HIT
27/12/18 JUBILANT FOOD CASH BUY 1250 1260/1270 1230 SL HIT
_____________________________________________________________________________________________________________________
Special Report
28-Dec-2018
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
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anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
Disclaimer
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
A GOVERNMENT SHUTDOWN COULD DELAY THE RELEASE OF SEVERAL INDICATORS THIS WEEK.
MONDAY, DEC. 24
8:30 am Chicago Fed national activity index Nov. 0.22 -- 0.00
TUESDAY, DEC. 25
None scheduled
Christmas Day
WEDNESDAY, DEC. 26
9 am Case-Shiller home prices Oct. 5.5% -- 5.5%
THURSDAY, DEC. 27
8:30 am Weekly jobless claims 12/22 217,000 214,000
10 am Consumer confidence index Dec. 133.3 135.7
10 am New home sales* Nov. 563,000 544,000
FRIDAY, DEC. 28
8:30 am Advance trade in goods* Nov. -$76.1 bln -$77.0bln
9:45 am Chicago PMI Dec. -- 66.4
10 am Pending home sales Nov. -- -2.6%
TIME (ET) REPORT PERIOD ACTUAL
MEDIAN
FORECAST
PREVIOU

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Special report-28-dec-2018-epic-research

  • 1. _____________________________________________________________________________________________________________________ Special Report 28-Dec-2018 Global markets at a glance The benchmark S&P 500 stock index ended little changed in a choppy trading session on Tuesday as the possibility of a partial US government shutdown raised investor jitters ahead of a highly anticipated meeting of the Federal Reserve. The Dow Industrials and the Nasdaq posted slight gains, however, as shares of Boeing Co and the group of internet-focused momentum stocks known as FAANG rose. The Dow Jones Industrial Average rose 82.66 points, or 0.35 percent, to 23,675.64, the S&P 500 gained 0.22 point, or 0.01 percent, to 2,546.16 and the Nasdaq Composite added 30.18 points, or 0.45 percent, to 6,783.91.Asian share markets played second fiddle to bonds on Wednesday as a spectacular fall in the price of oil fanned speculation the US Federal Reserve might be done with tightening after its policy meeting later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent in hesitant early trade. Japan's Nikkei eased 0.1 percent, while E-Mini futures for the S&P 500 inched up 0.17 percent. PREVIOUS DAY ROUNDOFF Equity benchmarks ended the session on a positive note, but off the high points. The Nifty ended December series below 10,800.Some selling in banks, automobiles, metals and pharmaceuticals weighed on benchmarks, while the Nifty Midcap index ended with gains of over one third of a percent.At the close of market hours, the Sensex was up 157.34 points or 0.44% at 35807.28, while the Nifty was higher by 49.90 points or 0.47% at 10779.80. The market breadth was narrow as 1313 shares advanced, against a decline of 1233 shares, while 181 shares were unchanged. Adani Ports, Reliance Industries, Tech Mahindra and ONGC gained the most, while Airtel, Hero MotoCorp, and Tata Motors lost the most. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+0.3pts], C o n s u m p t i o n [ + 0 . 5 1 p t s ] , P S E [ + 0 . 6 5 p t s ] , C P S E [+0.72pts],Energy[+1.57pts],FMCG[+1.27pts],Auto[- 0.46pts],Pharma[-0.22pts],IT[+1.38pts],Metal[- 0.30pts],Realty[-0.58pts], Fin Serv sector[-0.14pts]. World Indices Index Value % Change DJI 23696 +0.37 S&P500 2506 -1.54 NASDAQ 6192 -2.21 FTSE100 6686 -0.52 NIKKEI 20077 +3.8 HANG SENG 25478 -0.67 Top Gainers Company CMP Change % Chg Adani Ports 384 7.45 1.98 Tech Mahindra 708.9 15.35 2.21 Bharti Infratel 266.8 4.2 1.6 Zee Entertain 464.4 9.35 2.05 Infosys 656.8 12.75 1.98 Top Losers Company CMP Change % Chg BPCL 364.6 -1.75 -0.48 Tata Motors 168.25 -2.65 -1.55 Hero Motocorp 3,128.80 -46.4 -1.46 Bharti Airtel 316.7 -3.75 -1.17 Tata Steel 506.5 -6.95 -1.35 Stocks at 52 Week’s HIGH Symbol Prev. Close Change %Chg BANG 53.8 3.6 6.69 GMMPFAUDLR 1228.1 25.9 2.11 HINDUNILVR 1860.55 -9.8 -0.53 IRCON 425.25 31.75 7.47 ICICILIQ 1000 0 0 Indian Indices Company CMP Change % Chg NIFTY 10779 49 +0.47 SENSEX 35807 157 +0.44 Stocks at 52 Week’s LOW Symbol Prev. Close Change %Chg ADHUNIK 2.35 0.05 2.13 AMTEKAUTO 3.5 0 0 DAMODARIND 45.15 1.35 2.99 EASUNREYRL 5.45 0.25 4.59 ENIL 594.4 3.25 0.55
  • 2. _____________________________________________________________________________________________________________________ Special Report 28-Dec-2018 STOCK RECOMMENDATION [CASH] JUBILANT FOOD On Daily chart we have seen that stock near its support level, expectation it will broke its support level. . Fresh Buying we have seen in last trading session . After analysis of derivative data its indicate that traders view is to buy the stock . Our recommendation is also Buy the stock in the range of 1250 target 1260/1270 Sl 1230 MACRO NEWS  India's retail inflation eased to 2.3 percent in November, according to data released by the government on December 12. It stood at 4.88 percent in November last year and was 3.31 percent in October.Led by deflation in food items, softening crude oil prices and relatively stable domestic currency, the central bank kept key policy rates unchanged last week.  The Cabinet on December 17 approved amending the existing laws to provide legal backing for seeding of biometric ID Aadhaar with mobile numbers and bank accounts as an optional KYC after the Supreme Court barred mandatory use of 12-digit unique identifier by private firms, sources said. The Cabinet headed by Prime Minister Narendra Modi approved amendments to the Telegraph Act and the Prevention of Money Laundering Act (PMLA) after the Supreme Court in September imposed restrictions on the use of Aadhaar by private companies.  Zydus Wellness that already has a strong presence in the sugar substitute market, has expanded its portfolio by launching a new variant Sugar Lite, said Tarun Arora, Chief Operating Officer and Director, Zydus Wellness. RECOMMENDATIONS [FUTURE] 1. JUBILANT FOOD (FUTURE ) On Daily chart we have seen that stock near its support level, expectation it will broke its support level. . Fresh Buying we have seen in last trading session . After analysis of derivative data its indicate that traders view is to buy the stock . Our recommendation is also Buy the stock in the range of 1250 target 1260/1270 Sl 1230 2. BEML [FUTURE] On Daily chart we have seen that stock close above its pivot resistense level . Fresh Buying we have seen in last trading session . After analysis of derivative data its indicate that traders view is to Buy the stock . Our recommendation is also buy the stock in the range of 910 target 915/920 Sl 900
  • 3. _____________________________________________________________________________________________________________________ Special Report 28-Dec-2018 MOST ACTIVE CALL OPTION Symbol Optio n Type Strike Price LTP Traded Volume (Contracts) Open Interest BANKNIFTY CE 27,200 0.05 25,67,986 14,06,940 BANKNIFTY CE 27,100 0.05 22,11,081 11,50,220 BANKNIFTY CE 27,300 0.05 17,95,081 12,28,680 RELIANCE CE 1,120 0.35 34,493 7,30,500 RELIANCE CE 1,140 0.05 13,727 16,68,500 SBIN CE 300 0.05 11,383 75,09,000 MARUTI CE 7,600 0.05 9,649 84,000 INFY CE 660 0.05 9,560 12,08,400 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 26,900 6.5 29,48,525 2,25,520 BANKNIFTY PE 27,000 86.8 27,12,918 1,41,120 BANKNIFTY PE 26,800 0.05 17,26,608 9,73,680 RELIANCE PE 1,120 0.1 19,742 5,64,500 RELIANCE PE 1,100 0.05 11,966 10,09,500 MARUTI PE 7,500 0.4 8,808 40,350 YESBANK PE 180 1.8 6,390 13,94,750 SBIN PE 290 0.05 5,495 37,26,000 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 186636 13921.68 195007 14676.42 443106 34263.28 -754.743 INDEX OPTIONS 2504350 151864.57 2507286 151949.34 904516 67556.53 -84.7702 STOCK FUTURES 561906 32306.16 563425 32578.21 1517487 90480.81 -272.0549 STOCK OPTIONS 121983 7071.84 122239 7080.18 161995 8995.63 -8.3369 -1119.905 SELL STOCKS IN NEWS Pfizer: Parent company Pfizer Inc USA and GlaxoSmithKline plc entered into an agreement to create a premier global consumer healthcare company. TCS: Company launched next-generation private cloud in Canada. NIFTY FUTURE In last trading session we have seen the buying pressure in the market. It form green bullish candle on daily chart . We expect that upcoming week from trading prospective is very volatile . Our view on market is bearish ,our recommendation is to sell the nifty future in the range of 10750 Target 10720/10700/10690 Sl 10800 .Sell on rise strategy follow for trading & positional purpose INDICES R2 R1 PIVOT S1 S2 NIFTY 10862 10821 10792 10751 10723 BANKNIFTY 27382 27130 26987 26735 26593
  • 4. _____________________________________________________________________________________________________________________ Special Report 28-Dec-2018 COMMODITY ROUNDUP Crude prices were lower on Friday, as the Organization of the Petroleum Exporting Countries (OPEC) struggled to come up with an agreement on cutting oil production.West Texas Crude oil futures for January slumped 0.50% to $51.23 a barrel as of 4:54 AM ET (9:54 GMT), after falling nearly 3% on Thursday. Meanwhile Brent crudefutures, the benchmark for oil prices outside the U.S., dipped 0.45% to $59.78.The Thursday session of the OPEC meeting in Vienna ended without any decision on cutting oil supply, as Iran seeks an exemption from any cuts due to U.S. sanctions which have already weighed on its exports. Saudi Arabia’s oil minister Khalid Al Falih said on Friday that he is not confident a deal will be reached.Oil is down 30% since October amid worry over increased supply as global demand slows.Oil output from the world's biggest producers - OPEC, Russia and the United States - has increased by 3.3 million barrels per day (bpd) since the end of 2017, to 56.38 million bpd, meeting almost 60 percent of global consumption. Pan Pacific Copper (PPC), Japan's top copper smelter, expects the price of the industrial metal to rise toward $7,000 a tonne in 2019, from about $6,168 now, backed by firm global demand and tighter supply, its executive said.PPC, which is also a miner controlled by JXTG Holdings 5020.T , expects global consumption and supply of refined copper to each increase by 2.2 percent in 2019 from this year, Takeshi Suwabe, Pan Pacific's general manager for marketing, told Reuters this week. "With support from physical buyers, copper prices are likely to try $6,400 level in the short term," he said.Three-month copper CMCU3 on the London Metal Exchange has fallen 15 percent this year amid worries that the months-long U.S.- Sino trade war may hurt the global economy including China.But Suwabe said global copper sales have been solid despite the trade spat and the price will likely climb toward $7,000 - the level needed for miners to start developing new mines - in the latter part of 2019 to reflect a tighter market Russian energy minister Alexander Novak returned to Vienna on Friday after discussing OPEC with Russian President Vladimir Putin in Moscow. said on Friday Russia would seek an agreement with OPEC and non-OPEC producers and a Russian Energy Ministry source said. RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 31200 TGT 31250/31300 SL BELOW 31100 SELL GOLD BELOW 31000 TGT 30050/30900 SL ABOVE 31100 SILVER TRADING STRATEGY: BUY SILVER ABOVE 37800 TGT 37850/37925 SL BELOW 33600 SELL SILVER BELOW 37300 TGT 37200/37150 SL ABOVE 37400
  • 5. _____________________________________________________________________________________________________________________ Special Report 28-Dec-2018 NCDEX INDICES Index Value % Change Barley 1918.5 -0.13 Castor Seed 5142 -3.73 Chana 4529 -3.97 Coriander 6340 -3.99 Cotton Seed Oilcake 1867 -2.09 Guar Seed 10 MT 4308 -2.81 Jeera 17740 -3.04 Mustardseed 3983 -1.88 Soy Bean 3343 -0.24 Turmeric 6604 -0.67 RECOMMENDATIONS GUARGUM5 TRADING STRATEGY: BUY GUARGUM JAN ABOVE 8390 TARGET 8405/8420/8450 SL 8330 SELL GUARGUM ABOVE JAN 8320 TARGET 8305/8280/8260 SL 8380 DHANIYA TRADING STRATEGY: BUY DHANIYA JAN ABOVE 6210 TARGET 6225/6240/6270 SL 6160 SELL DHANIYA JAN ABOVE 6170 TARGET 6155/6140/6110 SL 6230 Despite a reduction in Australian production, world wheat supplies for 2018-19 have increased by 800,000 tonnes, according to the latest US Department of Agriculture world supply report.A bumper Canadian crop and additional Russian carry-over stocks have levelled out the gap in grain production as Australian production suffers the effects of drought.Australia’s wheat exports were lowered by one million tonnes to 10.5 million tonnes, as export prices were expected to remain uncompetitive and domestic grain supplies likely to be consumed as feed, the report said.In comparison, Australian wheat exports in 2017-18 reached 14 million tonnes.The report also scaled back total Australian grain production by 500,000 tonnes to 17 million tonnes for 2018-19.Global ending stocks are raised 1.4 million tons to 268.1 million, primarily on increases for the EU and the United States but are 4 percent lower than last year’s record 279.9 million. Centre has threatened action against exporters because the country may miss the export target of 5 million tonnes by a wide margin.Traders have managed to ship only 179,000 tonnes for the October-December quarter while 80,000 tonnes are at various ports awaiting the loading operation. This would mean the maximum possible exports for the quarter would be 260,000 tonnes, against the total 600,000 tonnes the exporters have contracted for, the report said. The domestic inventory has 10 million tonnes of carryover stocks while an additional 31.5 million tonnes of current year's output is expected. A domestic consumption of 25.5 million tonnes is inadequate to reduce the stocks.India is already facing international heat over what other Sugar exporting nations call market-distorting subsidies causing a global price slump.
  • 6. _____________________________________________________________________________________________________________________ Special Report 28-Dec-2018 RBI Reference Rate Currency Rate Currency Rate Rupee- $ 70.55 Yen 63.76 Euro 80.66 GBP 89.2425 USD/INR TRADING STRATEGY: USD/INR BUY USDINR NOV ABOVE 70.30 TGT 70.42 72.5 SL 70 SELL USDINR NOV BELOW 70.10 TGT 70 69.8 SL 70.4 GBP/INR TRADING STRATEGY: BUY GBPINR NOV ABOVE 90.6 TGT 90.7 90.8 SL 90.4 SELL GBPINR NOV BELOW 90.4 TGT 90.3 90.2 SL 90.6 The Indian rupee, on Wednesday, opened over 34 paise higher against the US dollar at 70.10 per US dollar. Falling crude oil prices is aiding the rally on Indian currency.The currency further gained strength as it passed 70 per US dollar mark. It touched an intraday low of 69.89 per US dollar.The currency on December 18 rallied by a whopping 112 paise, its best single-day gains in over five years, to settle at 70.44 against the US dollar as softening crude oil prices eased concerns over India's current account deficit expansionBesides, sustained selling of the American currency by exporters and banks as well as the greenback's weakness against its key rivals globally ahead of the US Fed policy decision on December 19 also helped the domestic unit scale further heights. The dollar fell on Wednesday as investors bet that the Federal Reserve would signal plans to slow its pace of interest rate raises at a keenly-watched meeting later in the day.Fed policy makers are widely tipped to raise rates for a fourth time this year but also to express caution about future monetary tightening due to concern about slowing global growth.Expectations of a pause from the Fed amid a U.S.-China trade conflict and global financial market volatility has led some investors to question if the dollar's stellar run will continue into 2019. U.S. President Donald Trump has repeatedly berated the Fed and on Tuesday said in a Tweet it was "incredible" for the central bank to even consider tightening given global economic uncertainties."A hike is still likely, regardless of Trump's displeasure, but there's a very good chance that they will reduce the number of hikes in 2019 to two (from three)," said Kit Juckes, global head of FX strategy at Societe Generale (PA:SOGN).The safe-haven yen and the Swiss franc both strengthened as an overnight plunge in oil prices provided a stark reminder of the dimming prospects for the global economy.The euro was also supported by news that Italy had struck a deal with the European Commission over its contested 2019 budget, signalling an end to weeks of wrangling that had shaken financial markets.
  • 7. _____________________________________________________________________________________________________________________ Special Report 28-Dec-2018 Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 27/12/18 NCDEX DHANIYA JAN BUY 6210 6225/6240/62 70 6160 TARGET 27/12/18 NCDEX DHANIYA JAN Sell 6170 6155/6140/61 10 6230 TARGET 27/12/18 NCDEX GUARGUM5 JAN BUY 8390 8405/8420/8/ 450 8330 NOT EXECUTED 27/12/18 NCDEX GUARGUM5 JAN SELL 8320 8305/8280/82 60 8380 TARGET HIT 27/12/18 MCX GOLD JAN BUY 31200 31250/31300 31100 NOT EXECUTED 27/12/18 MCX GOLD JAN SELL 31000 30950/30900 31200 NOT EXECUTED 27/12/18 MCX SILVER MAR BUY 37800 37850/37925 33600 NOT EXECUTED 27/12/18 MCX SILVER MAR SELL 37300 37200/37150 37400 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 27/12/18 NIFTY FUTURE SELL 10940 10900/10850/ 10820 11000 NOT EXECUTED 27/12/18 JUBILANT FOOD FUTURE BUY 1250 1260/1270 1230 SL HIT 27/12/18 BEML FUTURE BUY 910 915/920 900 SL HIT 27/12/18 JUBILANT FOOD CASH BUY 1250 1260/1270 1230 SL HIT
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