2. Weekly Report
NIFTY BANKNIFTY
R2 12345.85 32800
R1 12297.05 32500
PIVOT 32850
S1 12174.55 31924
S2 12100.85 31234
โขBulls maintained their upward momentum for second day in a row. Post the strong
correction in the first three days of the week, traders were anticipating a strong
pullback rally before the Budget week. Stable global cues, modest broader market
participation and strong performance from Media, Metal MNC index helped traders to
maintain a long stance over short. Technically, the Nifty has held 12200 level which
is grossly positive โ a pullback rally towards 12300 is expected. Further, uptrend may
continue which could lift the index to 12340. However, dismissal of 12200 could
trigger another round of correction wave up to 12150-12100. Infrastructure, Banking
and FMCG stocks will be on investors' radar for next few trading sessions.
NIFTY WEEKLY
SECTORIAL PERFORMANCE
SECTOR CLOSING WoW
Nifty Bank 31,241.75 -1.10%
Nifty IT 16,472.75 0.71%
Nifty
Pharma 8,294.05 -0.61%
Nifty
Finance 14,420.40 -0.97%
Nifty
FMCG 31,474.90 0.33%
Nifty MNC 14,189.35 0.30%
Nifty Auto 8,274.85 -1.81%
Nifty
Metal 2,796.20 -2.39%
BSE Dollex
300 4805.25 1.32%
BSE IT 15778.24 1.01%
FII / DII (DAILY)
Date FII DII
17-Jan-20 264.26 -500.17
16-Jan-20 -395.24 -184.65
15-Jan-20 279.53 -648.34
14-Jan-20 -205.56 -642.47
13-Jan-20 120.79 -1,128.89
10-Jan-20 578.28 -251.74
09-Jan-20 -431.11 419.22
08-Jan-20 -515.85 748.4
07-Jan-20 -682.23 311.19
RESEARCH DESK
H.O.D Research - SOHAN RAI
PAWAN PATIL
Technical Analyst
โข Outlook for Nifty Bank for the week (Jan 20, 2020 - Jan 24, 2020) NIFTY BANK: NIFTY
BANK Index closed the week on negative note losing 506.75 points 1.58%. Weekly High:
32,322.65 Weekly Low: 31,445.50 Weekly Close: 31,590.65 Technically on the daily
charts we see minor support on the downside for NIFTY BANK index lies at 31000
levels, whereas minor resistance on the upside is capped around 32000-32100 levels. If
NIFTY BANK index breaches minor support on the downside and closes below it, we
may see fresh break down and index can drag towards major support on lower side
around 30700 and if breaches minor resistance on the upside and closes above it, we
may see fresh breakout and index can head towards higher levels around 32500
BANK NIFTY WEEKLY
Date :25 jan 2020
3. โข The FTSE 100 is a stock index representing the performance of the largest 100 companies listed on the London Stock Exchange
(LSE) by market capitalization. The FTSE 100 stock index offers traders high liquidity and a reliable picture of UK economic health.
Follow the FTSE 100 live with the chart and read our latest news and analysis. Plan your trades with the FTSE forecast, the economic
calendar and learn about relevant events to assist your fundamental analysis.
Weekly Report
FTSE
The Dow Jones Industrial Average (DJIA) tracks the performance of 30 of the biggest companies in the US and is
often used as a barometer for the overall performance of the countryโs equity markets. The Dow chart is a useful
measure of US economic health. Follow the Dow Jones live with the real-time chart and view the latest Dow
forecasts, news and analysis. Key pivot points and support and resistance will help you trade the Dow Jones today
and into the future.
DOW
Date 25 January 2020
4. โข Rising productivity from new wells has driven U.S. shale production higher in recent years and higher in 2019, too, the Energy
Information Administration (EIA) said on Friday.
โข Last year, shale production accounted for 64 percent of all crude oil production in the United States, with the share of shale output
rising thanks to the increasing productivity of new wells that were brought online.
โข In all major shale regions, the average first full month of production from new wells has grown since 2007, the EIA has estimated.
โข As production rates from new wells rose, overall shale production rose even in 2015 and 2016 when drilling activity was subdued to
the low oil prices.
โข โSince 2017, recovering oil prices and more efficient production from new wells have helped producers cover costs of drilling,
production, and the development of new technologies,โ the EIA said.
โข Gold edged down on Friday as the dollarNSE 5.13 % rose and the appetite for riskier assets improved after the World
Health Organisation tempered fears of a global coronavirus outbreak.
Spot gold was 0.3% lower at $1,557.93 per ounce by 1300 GMT but held above the key $1,550 level, supported by the
prospect of easy monetary policy
Weekly Report
CRUDE OIL
GOLD
Date 25 january 2020
5. Date : 18 January 2020 TRADE SCANNER
PIVOT TRENDS
STOCK CLOSE 5 EMA 20 EMA
TCS 2,184.53 2,200.47 2,198.25
Reliance 1,529.60 1,536.39 1,531.95
Larsen 1,319.53 1,320.56 1,318.30
HDFC Bank 1,245.90 1,265.50 1,267.80
PIVOT TRENDS
Index Prev Close R1 R2
NIFTY 50 12248.25 12297.05 12345.85
HDFC Bank 1244.55 1252.66 1260.78
Larsen 1359.2 1374.04 1388.87
BULLISH BREAKOUTS
Stock
Name
Current
Price
52
Week High
Stock
Name
Info Edge 2708.05 2757.45 Info Edge
AU Small Financ 1070.7 1097.9
AU Small
Financ
Bata India 1846.8 1850.4 Bata India
ICICI Securitie 472.45 484 ICICI Securitie
VOLUME BREAKOUT
Stock
Name
Current
Price Volume
Stock
Name
UltraTechCement 4642.75 2127667 UltraTechCement
General Insuran 266.05 1060502 General Insuran
Biocon 294.35 8973074 Biocon
Info Edge 2708.05 811434 Info Edge
INDICATORS (OVER BOUGHT)
STOCK CLOSE SCALE OSC.
Apar Industries
Limited 427.2
DLY RSI
Atul Auto Limited 272.7
DLY RSI
Brooks Laboratories
Limited 37.95
DLY RSI
Gati Limited 65.6
DLY RSI
INDICATORS (OVER SOLD)
STOCK CLOSE SCALE OSC.
Adlabs Entertainment
Limited 4.15
DLY RSI
Alembic Limited 56.2
DLY RSI
Asian Hotels (north)
Limited 88.4
DLY MACD
Bharat Wire Ropes
Limited 28.35
DLY
MOVING
AVERAGE
TRADE SCANNER
Weekly Report
6. Date : 17 January 2020
Above scanners will showcase a list of stock within the NSE 500 universe which have qualified
post a through process of scanning via technical based queries on a combination of various
technical indicators. The query models have been designed with an intension to gauge the
existing trend or expected momentum or a likely reversal. The objective of the process is to equip
short term traders with a watch list for the week. One can use this information to immediately view
the stock chart and see if there is any opportunity to trade. Since the stocks have been evaluated
based on EOD analysis it is advisable to consult with your advisor or a qualified analyst for a
trading positional opportunity. Regardless for your approach, this additional information could help
you eliminate and help you better trading decisions.
NEWS
PRODUCT DESCRIPTION
Weekly Report
STOCK NEWS POLITICAL NEWS ECONOMIC NEWS GLOBAL NEWS
Jeevan Scientific
Technology share price
rose 10 percent intraday on
January 24 after the US
drug regulator concluded
an audit of its Hyderabad
facility with no
observations.
Yes Bank share price
remained on an upward
trajectory and jumped 4.40
percent to close at Rs
42.75 on BSE on January
24.
The stock logged a healthy
gain of 6.5 percent a day
before, buoyed by State
Bank of India (SBI)
Chairman Rajnish Kumarโs
statement that the private
lender was too big to be
allowed to fai
Share price of mortgage
lender Indiabulls Housing
Finance jumped over 3
percent in the morning
trade on January 24 after
foreign brokerage and
wealth management firm
Credit Suisse bought
22,93,306 shares of the
company through a bulk
deal on NSE on January
23, data showed.
The Delhi Police on
Saturday told a Delhi
court that the Tihar jail
authorities have
supplied all the relevant
documents sought by
the lawyer of the death
row convicts in the
2012 Nirbhaya gang
rape and murder case.
The public prosecutor,
appearing for police,
told Additional Sessions
Judge Ajay Kumar Jain
that the convicts are
only adopting "delaying
tactics".
Counting of votes for
the municipal elections
in Telangana began on
Saturday morning with
the ruling TRS, which
swept the rural local
body polls last year,
hopeful of continuing its
dominance.
The fertiliser industry may
not see major action in the
Budget FY2020-21, despite
huge expectations.
The agricultural sector is
currently in a tough phase
and this has impacted agri-
incomes. With the Union
Budget just around the
corner, expectations are
high that the government
will address agrarian
distress, which will better
farm incomes.
Towards this end, it may
increase budgetary support
for farm credit, irrigation
infrastructure development
schemes and the income
support scheme - PM-
KISAN.
Further, the government
may combine the
Agricultural Product Market
Committee (APMC) with the
e-National Agricultural
Market (e-NAM) platform
into one entity. The
revamping of crop
insurance schemes with a
view to improving the
income of farmers could
also get attention.
Nepal is facing the brunt
of global warming with
the melting of ice and
shrinking glaciers in the
Hindukush Himalaya
region which provides
water, ecosystem
services for some 240
million people and a
business as usual
approach, Foreign
Minister Pradeep Kumar
Gyawali has warned.
Extreme weather
incidents in Nepal are on
the rise, he said, pointing
out that the country
witnessed the first-ever
confirmed case of a
tornado in March last
year that led to the
deaths of 31 people.
Research conducted by
the Department of
Hydrology of Nepal has
established that the
tornado incident was
clearly linked to the
global warming, he said.
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