The document provides an overview of global market performance and commodity prices. It discusses declines in the Dow and gains in the S&P 500 and Nasdaq on Monday. Asian shares were subdued on Tuesday as investors braced for key events. Oil prices reached their highest since November due to concerns over Libyan exports. The document also provides stock recommendations and analysis of commodity prices and world food prices.

1. _____________________________________________________________________________________________________________________
Special Report
09 –APR -2019
Global markets at a glance
The S&P 500 and the Nasdaq edged into positive territory
on Monday, with gains held in check by falling industrials as
investors braced for what analysts now expect to be the
first quarter of contracting earnings since 2016.The Dow
Jones Industrial Average fell 83.97 points, or 0.32 percent,
to 26,341.02, the S&P 500 gained 3.03 points, or
0.1 percent, to 2,895.77 and the Nasdaq Composite added
15.19 points, or 0.19 percent, to 7,953.88
Asian shares got off to a subdued start on Tuesday as
investors braced for key events later in the week, including
the kick-off of the US earnings season and a crucial Brexit
summit, while broader concerns over slowing global
growth checked sentiment.MSCI’s broadest index of Asia-
Pacific shares outside Japan was basically flat after
brushing its highest since late August last year during the
previous session. Australian shares dipped 0.25 percent
while Japan’s Nikkei was down 0.15 percent.Trends on SGX
Nifty indicate a flat opening for the broader index in India,
a slip of 1 point or 0.01 percent. Nifty futures were trading
around 10,682-level on the Singaporean Exchange. Oil
prices on Tuesday reached their highest since November as
concerns over exports from war-torn Libya stoked tightness
in the market, with global supply already hit by OPEC-led
production cuts and US sanctions on Iran and Venezuela.
PREVIOUS DAY ROUNDOFF
Indian equity markets closed lower with both Nifty and
Bank Nifty indices losing 0.5% and 0.8% respectively as
across the board profit booking was seen in major largecap
stocks. Reliance Industries was the top contributor to
Nifty’s fall, closing ~1.8% lower.Nifty PSU Bank index traded
with a negative bias throughout the day, closing 1% lower
as marginal hint of short formation was witnessed in stocks
like SBI, PNB & BOI.Nifty midcap 50 index underperformed
the benchmark index by 0.3%. Market breadth ended in
the favour of the declines with advance/decline ratio
closing at 2:3x
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Commodities[-32.75pts],
C o n s um pt i o n [ - 7 . 0 0 p t s ] , P S E [ - 3 2 .6 0 pt s ], C P SE
[21.65pts],Energy[-188.15pts],FMCG[-64.7pts],Auto[-
38.30pts],Pharma[-27.65pts],IT[+105.20pts],Metal[-30.65
pts],Realty[-6.05pts], Fin Serv sector[-90.90pts].
World Indices
Index Value % Change
DJI 26424 +0.15
S&P500 2892 +0.46
NASDAQ 7938 +0.59
FTSE100 7446 +0.61
NIKKEI 21789 -0.08
HANG SENG 30064 +0.43
Top Gainers
Company CMP Change % Chg
M&M 667 8.8 1.34
Tech Mahindra 787.15 9.9 1.27
TCS 2,070.75 22.45 1.1
Infosys 767.25 7.95 1.05
Power Grid Corp 198.35 2.05 1.04
Top Losers
Company CMP Change % Chg
Indiabulls Hsg 859.35 -43.7 -4.84
IOC 152.05 -6.4 -4.04
Bajaj Finance 3,024.10 -90.1 -2.89
Vedanta 186.65 -5.05 -2.63
Yes Bank 260.05 -6.8 -2.55
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
BALAXI 46.05 2.15 4.9
BILENERGY 3.9 0.15 4
CREDITACC 567.9 -6.75 -1.21
HDFC 2,058.80 28.8 1.43
FMGOETZE 599 27.55 4.86
Indian Indices
Company CMP Change % Chg
NIFTY 11604 -61.5 -0.53
SENSEX 38700 -161.7 -0.42
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
CANDC 10.55 -0.55 -4.95
COX&KINGS 131.05 -1.15 -0.86
DNAMEDIA 1.05 0.05 4.55
EXCEL 1.3 -0.05 -3.7
GENESYS 88 -3.85 -4.11

2. _____________________________________________________________________________________________________________________
Special Report
09 –APR -2019
STOCK RECOMMENDATION [CASH]
INFY
INFOSYS — Stock is taking a support of trendline on
weekly chart & also forming a Cup & Handle . Quarterly
result of company is on April 12,2019. Our
recommendation is to Buy Infosys 760-762 Target
770/780 maintain Sl below 750. Market expectation from
company is high on revenue front as we compare with its
peers like TCS , HCL Tech .
MACRO NEWS
 Oil prices dipped on Thursday, with Brent edging away
from the psychologically important USD 70 level after
easing in the previous session on data showing a
surprise build in US inventories.Brent futures eased 2
cents to $69.29 by 0100 GMT. On Wednesday, Brent
dipped 6 cents, after touching USD 69.96, the highest
since November 12, when it last traded above USD 70.
US West Texas Intermediate crude was down 14 cents,
or 0.2 percent, at USD 62.34 a barrel.
 While it's almost a given that the Reserve Bank of India
(RBI) will deliver a policy rate cut when the three-day
Monetary Policy Committee meeting ends on April 4,
hopes are high that the central bank will also do more
to address liquidity concerns.A poll of about 70
economists conducted by Reuters showed that 85
percent of the participants expect the RBI to cut the
repo rate by 25 basis points to 6percent on April 4 and
then keep the rates on hold through to the middle of
next year at least.
RECOMMENDATIONS [FUTURE]
1. HAVELLS [FUTURE ]
HAVELLS — Stock is trading in channel line & Hammer
pattern form on daily chart . Stock is al;so taking a support of
trend line .RSI & MACD also indicating Buying in this
stock .Our recommendation is to Buy stock future in the
range 767 Target 770-775 maintain sl below 764
2. PVR [FUTURE]
PVR — On weekly chart stock giveen breakout & created
bullish hammer candle stick pattern .Our view on the
technical basis is to buy stock future in range 1690 –1695
Target 1720/1750 Sl below 1650 . Stock is moving above all
its important moving averages like 50,100 & 200 DEMA.

3. _____________________________________________________________________________________________________________________
Special Report
09 –APR -2019
MOST ACTIVE CALL OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 30,500 36.2 4,83,617 9,01,100
BANKNIFTY CE 30,200 85 3,80,861 4,89,180
NIFTY CE 11,700 27.5 3,45,741 22,25,850
RELIANCE CE 1,400 13.4 6,619 24,24,500
TATASTEEL CE 560 11.2 5,403 16,68,953
RELIANCE CE 1,360 24.9 4,694 10,14,000
RELIANCE CE 1,380 18.4 4,528 9,78,500
IBULHSGFIN CE 900 38.9 4,384 18,36,500
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 29,800 151 4,82,261 3,66,920
BANKNIFTY PE 30,000 250.2 4,29,562 2,51,940
BANKNIFTY PE 29,500 60 3,95,327 4,06,320
RELIANCE PE 1,300 18 5,674 9,15,500
RELIANCE PE 1,340 35.45 4,661 3,78,000
RELIANCE PE 1,320 25.3 4,404 7,36,000
IBULHSGFIN PE 800 25.45 3,264 6,49,000
TATAMOTORS PE 200 6.2 3,009 26,58,000
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 34636 2625.48 44831 3490.46 228404 18193.57 -864.9851
INDEX OPTIONS 2276863 154149.17 2259114 152975.44 860713 67734.93 1173.726
STOCK FUTURES 168094 10392.14 185922 11431.49 1397527 90171.79 -1039.3577
STOCK OPTIONS 92760 5866.75 93632 5917.39 103495 6476.69 -50.6337
-781.2505
SELL
STOCKS IN NEWS
Karnataka Bank: Bank targets Rs 1,44,000 crore business
turnover for FY20.
Cipla's wholly owned subsidiary in USA i.e. Cipla
Technologies LLC, has signed a binding term sheet today
with Pulmatrix Inc
NIFTY FUTURE NIFTY -On weekly chart Nifty close with
green candle,during this week nifty was traded in a
brode range of 235 points. On Nifty we may expect
new all time high will see before starting first phase of
election April 17,2019 . In last week FII infuse more than
6000 cr & selling by DII in cash Rs 435 cr, which was less
as we compare to last week data . After analysis of data
suggest that 11500-11600 work as support & OI addtion
seen in 11700-11800 works as resistance . Our
recommendation is to Buy Nifty 50 in the range 11700-
11750 Target 11800/11900 SL below 11600.
INDICES R2 R1 PIVOT S1 S2
NIFTY 11782 11693 11621 11532 11460
BANKNIFTY 30446 30146 29931 29630 29415

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Special Report
09 –APR -2019
COMMODITY ROUNDUP
Gold prices rose to a more than a one-week peak on
Monday as the dollar slipped on slow U.S. wage growth last
month and a rally in equities stalled, boosting bullion's
appeal.Spot gold XAU= gained 0.4 percent to $1,297.02 per
ounce by 1019 GMT, having earlier touched its highest since
March 29 at $1,297.86.U.S. gold futures GCv1 were up 0.4
percent at $1,300.8 an ounce."The market is just getting a
little bit of confidence back after once again failing to break
lower last week," said Saxo Bank analyst Ole Hansen."We've
got a weaker dollar, China buying another chunk of gold last
month continues to show that the physical underlying
demand and renewed fighting in Libya is just raising the
geopolitical temperature," Hansen said, adding gold was
once again potentially challenging the $1,300 level.
A rally in stocks that has capped gold's gains recently
paused, while the dollar .DXYwas down 0.2 percent against
key rivals, making bullion cheaper for holders of other
currencies. USD/ MKTS/GLOB.Data on Friday showed
employment growth in the U.S. accelerated from a 17-
month low in March, assuaging fears of an abrupt
slowdown in economic activity, but a moderation in wage
gains supported the Federal Reserve's decision to suspend
further interest rate rises this year. raised its gold reserves
by 0.6 percent to 60.62 million ounces by end-March,
central bank data showed. at around $1,280, the lowest
seen so far this year (for gold), appear to be generating
buying interest on the market and preventing prices from
sliding any further," Commerzbank (DE:CBKG) said in a
note."The technically important 100-day moving average
held firm late last week, as it did in early March, thereby
lending support to the price."Holdings in the world's largest
gold-backemuch as 3 percent in the previous week, its
biggest weekly percentage decline since end-November
2016. GOL/ETFSpeculators slashed their bullish bets in
COMEX gold in the week to April 2, data showed on Friday.
Oil prices rose to their highest level since November 2018
on Monday, driven by OPEC supply cuts, U.S. sanctions
against Iran and Venezuela and fighting in Libya as well as
strong U.S. jobs data.International benchmark Brent
futures LCOc1 were at $70.66 per barrel at 1000 GMT on
Monday, up 32 cents, or 0.5 percent from their last close.
exchange-traded fund, SPDR Gold Trust GLD , fell as U.S.
West Texas Intermediate (WTI) crude futures CLc1were up
30 cents, or 0.5 percent, at $63.38 per barrel.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
GOLD BUY ABOVE 32155 Target 32200/32250 Sl 32050
GOLD SELL BELOW 32000 Target 31950/31900 Sl 32100
SILVER
TRADING STRATEGY:
Silver Buy Above 38500 Target 38500/38600 Sl 38400
Silver Sell Below 38450 Target 38400/38300 Sl 38550

5. _____________________________________________________________________________________________________________________
Special Report
09 –APR -2019
NCDEX INDICES
Index Value % Change
Castor Seed 4100 -0.46
Chana 6268 -1.72
Coriander 1936 -1.14
Cotton Seed Oilcake 4146.5 0.33
Guar Seed 10 MT 15440 0.03
Jeera 3840 -0.42
Mustardseed 3637 -0.55
Soy Bean 6238 0.64
Turmeric 6148 0.29
RECOMMENDATIONS
GUARGUM5
TRADING STRATEGY:
BUY GUARGUM APR ABOVE 9020 TGT 9050/9110/9160 SL
BELOW 8970
SELL GUARGUM APR BELOW 8909 TGT 8879/8819/8769 SL
ABOVE 8959
DHANIYA
TRADING STRATEGY:
BUY DHANIYA APRIL ABOVE 7316 TGT 7331/7391/7461 SL
BELOW 7286
SELL DHANIYA APRIL BELOW 7144 TGT 7129/7069/6999 SL
ABOVE 7174
World food prices were broadly stable in March, with a
jump in dairy prices offset by drops in cereal, vegetable oil
and sugar price quotations, the United Nations food agency
said in its latest report.The Food and Agriculture
Organization's (FAO) food price index,, which tracks
monthly changes in international prices of a basket of food
commodities, averaged 167 points, down two points from
February and some 3.6% below its level in March 2018.
The FAO Dairy Price Index rose 6.2% during the month,
marking its third consecutive increase, driven by increased
import demand for butter, cheese and Whole Milk Powder,
ahead of an expected tightening in export availabilities from
Oceania.The FAO Meat Price Index also rose though slightly,
by 0.4% from February, buoyed by growing import demand
from China for pig, bovine and poultry meats.
By contrast, the FAO Vegetable Oil Price Index declined by
4.4% amid subdued import demand for palm oil, increased
soy oil crushing in the United States of America and
accumulating rapeseed inventories in Canada.
The FAO Cereal Price Index dropped 2.2% in the month, led
by declining prices of wheat and maize, both of which have
ample exportable supplies and favorable harvest prospects
in key producing countries. International rice prices were
mildly firmer in March.The FAO Sugar Price Index declined
by 2.1%, as harvests in key producing countries were larger
than previously anticipated. India's latest production
estimates point to an 8.0% year-on-year increase during the
period from October 2018 through January 2019 and is now
expected to overtake Brazil as the world's largest sugar
producer.

6. _____________________________________________________________________________________________________________________
Special Report
09 –APR -2019
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 69.40 Yen 62.43
Euro 78.09 GBP 91.3425
USD/INR
TRADING STRATEGY:
USD/INR
BUY USDINR ABOVE 69.3 TGT 69.4/69.5 SL BELOW 69
SELL USDINR BELOW 69.5 TGT 69.4/69.3 SL ABOVE 69.62
GBP/INR
TRADING STRATEGY:
BUY GBPINR ABOVE 91.4 TGT 91.5/91.6 SL BELOW 91.28
SELL GBPINR BELOW 91.10 TGT 91/90.9 SL ABOVE 91.22
While the trade optimism pushed the dollar lower against
most Asian currencies, it helped erase the greenback's
earlier losses against the safe-haven yen JPY= , which
followed U.S. President Donald Trump's criticism about
Federal Reserve monetary policy and a strong dollar. dollar
traded at 111.96 yen JPY= , near a 10-week high of 112.08
on Friday. It had dipped to 111.75 yen after Trump's
comments on the Fed. have a gentleman that likes a very
strong dollar at the Fed...I want a strong dollar, but I want
a dollar that's great for our country not a dollar that is so
strong that it is prohibitive for us to be dealing with other
nations," he told his supporters in a speech.
The rupee on Tuesday recovered from the day's low to
finally settle at 68.74 against the US dollar with gains of 40
paise amid sustained foreign fund inflows and heavy
buying in domestic equities. Forex dealers said foreign
fund inflows in the debt and equity markets helped the
rupee recover.
At the Interbank Foreign Exchange (forex), the domestic
currency opened lower at 69.32 a dollar but recovered the
losses during the day and touched the day's high of 68.70.
It finally settled at 68.74 per dollar, up 40 paise over its
previous close.A panel of economists, including former
Chief Economic Adviser Arvind Virmani, Tuesday called for
at least 0.25 percentage point rate cut in the RBI's first
monetary policy of the current fiscal to be unveiled later
this week. Virmani said that it is for the RBI to understand
that the real interest rate in India right now is very high."It
is high time time to ease monetary policy," Virmani said
during a panel discussion on RBI monetary policy organised
by Assocham-EGROW Foundation.
Ashima Goyal, Professor of Economics, Indira Gandhi
Institute of Development Research and Member, Prime
Minister's Economic Advisory Council, and Upasana
Bhardwaj, Senior Economist, Vice President Kotak
Mahindra Bank, also participated in the discussion.

7. _____________________________________________________________________________________________________________________
Special Report
09 –APR -2019
Date
Commodity/
Currency Pairs
Contract Strategy Entry Level Target Stop Loss Remark
08/04/19 NCDEX DHANIYA APR BUY 7254 7269/7329/7399 7224 TARGET
08/04/19 NCDEX DHANIYA APR Sell 7062 7047/6987/6917 7092 NOT EXECUTED
08/04/19
NCDEX
GUARGUM5
APR BUY 9065 9080/9105/9125 9005 NOT EXECUTED
08/04/19
NCDEX
GUARGUM5
APR SELL 8923 8908/8883/8863
8983
NOT EXECUTED
08/04/19 MCX GOLD JUN BUY 31800 31850/31900 31700 TARGET
08/04/19 MCX GOLD JUN SELL 31750 31700/31650 31850 TARGET
08/04/19 MCX SILVER JUL BUY 37700 37800/37900 37575 TARGET
08/04/19 MCX SILVER JUL SELL 37900 37800/37750 38150 TARGET
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
08/04/19 NIFTY FUTURE BUY 11700-11750 11800/11900 10900 TARGET
08/04/19 JINDAL STEEL FUTURE BUY 185-187 190-195 182 SL HIT
08/04/19 KSCL FUTURE BUY 475 480 460 NOT EXECUTED
08/04/19 REPOHOME CASH BUY 465 470/490 460 NOT EXECUTED

8. _____________________________________________________________________________________________________________________
Special Report
09 –APR -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
PER
IOD
ACTUAL FORECAST PREVIOUS
THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK.
MONDAY, APRIL 8
10 am Factory orders* (new date)
Feb
.
0.1%
TUESDAY, APRIL 9
6 am NFIB small business index
Ma
rch
101.7
10 am Job openings
Feb
.
7.6 mln
WEDNESDAY, APRIL 10
8:30 am Consumer price index
Ma
rch
0.2%
8:30 am Core CPI
Ma
rch
0.1%
2 pm FOMC minutes
2 pm Federal budget
Ma
rch
-$125bln
THURSDAY, APRIL 11
8:30 am Weekly jobless claims 4/6 -- --
8:30 am Producer price index
Ma
rch
0.1%
FRIDAY, APRIL 12
8:30 am Import price index
Ma
rch
0.6%
10 am Consumer sentiment index
Apr
il
98.4
*DELAYED BY GOVERNMENT SHUTDOWN

9. _____________________________________________________________________________________________________________________
Special Report
09 –APR -2019
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Sachi
n
Yadav
Digitally signed by
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DN: cn=Sachin
Yadav c=IN
o=Personal
Reason: I am the
author of this
document
Location:
Date: 2019-04-09
09:29+05:30