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Daily Report WEDNESDAY DEC 4 2019

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Daily Report WEDNESDAY DEC 4 2019

MARKETS AT A GLANCE INDIAN MARKETS INDICES

VALUE

CHANGE

% CHANGE

NIFTY

11994.20

-54.00

-0.45

SENSEX

40675.45

-126.72

-0.31

BANKNIFTY

31613.30

-258.20

-0.81

INDIAN SECTORIAL INDICES

GLOBAL MARKETS INDICES DJIA

VALUE 27,783.04

S&P 500

3,113.87

NASDAQ

8,567.99

FTSE 100

7,204.04

DAX

13,008.98

% change INDICES 0.96% NIFTY AUTO NIFTY FIN SERVICE 0.86% NIFTY FMCG -1.12 NIFTY IT

% change -0.61 -0.16 -0.69 0.46

-1.12 NIFTY MEDIA

-2.36

NIFTY METAL

-2.60

NIFTY PHARMA

-1.03

NIFTY PSU BANK

-2.86 -0.93

0.34 -0.52

CAC 40

5,756.56

NIKKEI

23,379.81

-0.64 NIFTY PVT BANK

HANGSENG

26,391.30

-0.20

NIFTY REALTY

1.33

MARKETS’ SUMMARY 

Closing Bell: Nifty ends below 12,000, Sensex down 127 pts; metals, PSU banks top losers

Nifty metal along with the PSU bank index shed over 2 percent each. Bajaj Auto, TCS and Kotak Mahindra Bank were the top gainers while YES Bank, Tata Steel, Tata Motors DVR and Vedanta were the top drags.

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Daily Report WEDNESDAY DEC 4 2019

DAILY NEWS 

Nifty metal along with the PSU bank index shed over 2 percent each.

Bajaj Auto, TCS and Kotak Mahindra Bank were the top gainers while YES Bank, Tata Steel, Tata Motors DVR and Vedanta were the top drags. 

YES Bank, Indiabulls Housing Finance, Bharti Airtel and TCS were the most active stocks. About 851 shares have advanced, 1592 shares declined, and 198 shares are unchanged. 

Oil prices gained on Tuesday, as hopes rose for OPEC and its allies to agree deeper output cuts when they meet this week, although gains were limited, amid some analysts’ scepticism over the achievement of further reductions. . In its 2020 Outlook for 'Asia-Pacific Emerging Market Banks', the rating agency maintained a negative outlook on Indian banks, Non-bank stress coupled with rising macro headwinds pose further challenges for asset quality, particularly at state banks which continue to experience capital constraints, delays in bad-loan recoveries, and poor earnings. More capital is needed to insulate the banks' weak balance sheets and to sustain loan growth," it said.

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Daily Report WEDNESDAY DEC 4 2019

MOVERS & SHAKERS Losers of the Day

Gainers of the Day Symbol

CMP

% change

BAJAJ-AUTO

3,258.00

BAJAJFINSV

Symbol

CMP

% change

3.13

YESBANK

59.20

-7.57

9,100.00

1.70

INFRATEL

250.00

-5.84

TCS

2,052.95

1.58

TATASTEEL

398.95

-5.20

KOTAKBANK

1,649.95

1.04

GRASIM

781.05

-3.25

699.00

0.91

ZEEL

280.00

-4.37

INFY

52 Weeks’ High Symbol AGROPHOS

LTP Change

52 Weeks’ Low % change

135.45

1.30

0.97

2,776.95

34.65

1.23

MFSL

506.10

19.90

3.93

POLYCAB

935.95

35.10

3.75

1385.30

9.40

0.68

ASTRAZEN

GODFRYPHLP

Symbol

LTP

Change

% change

ARVIND

40.25

-1.85

-4.39

ALBK

22.80

-0.60

-2.56

APOLLOPIPE

340.00

-6.80

-1.96

BROOKS

29.45

-0.80

-2.64

CUMMINSIND

532.50

-7.20

-1.33

Volume Shockers Symbol

OI Spurts Volume

ICICINF100

1,97,654

AHLUCONT

1,98,767

LOVABLE

10,24,020

NETFNV20

26,600

KABRAEXTRU MAXINDIA ZENITHEXPO

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1,25,117 12,40,172 37,227

Change in OI

% Change in OI

TORNTPHARM

335

51.86

HEXAWARE

366

45.52

BIOCON

2,406

35.85

BAJAJ-AUTO

2,247

22.39

TATASTEEL

5,756

21.90

Symbol

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Daily Report WEDNESDAY DEC 4 2019

RBI REFERENCE RATE INR / 1 USD

71.68

INR / 1 EURO

79.36

INR / 100 Jap. YEN

65.84

INR / 1 POUND Sterling

93.02

FII DERIVATIVES STATISTICS BUY

OPEN INTEREST AT THE END OF THE DAY

SELL

No. of conNo. of conAmt in Crores Amt in Crores No. of contracts tracts tracts

Amt in Crores

INDEX FUTURES

22481

1755.51

26239

2062.39

147131

12561.18

INDEX OPTIONS

2436793

173817.62

2442043

174182.29

539852

45325.78

STOCK FUTURES

279822

14829.85

252531

12808.24

1595573

95923.09

STOCK OPTIONS

74790

4113.47

72992

4028.44

43620

1961.91

-1435.09

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Daily Report WEDNESDAY DEC 4 2019

TECHNICAL RECOMMENDATIONS 1. L&T FH FUTURE (SELL) PIVOT LEVELS R2

R1

PIVOT

S1

S2

122.93

121.67

120.08

118.82

117.23

L&T FH FUTURE :IN DAILY CHARTS A BEARISH DOZI STAR CANDELSTRICK PATTERN IS FOMRED AND MAJOR SUPPORT LEVEL 116.15 BREAK THE STOCK GOING DOWN AND UPPER RESISTANCE LEVEL 123.35 THIS , RSI GIVES SELL SIGNALS . SELL L&TFH IN FUTURE BELOW 116 TGT 114/111 SL ABOVE 123.45

2. TATAMOTORS FUTURE (SELL)

PIVOT LEVELS R2

R1

PIVOT

S1

S2

165.98

163.97

161.78

159.77

159.58

TATA MOTORS FUTURE :ITS DOWN TREND IN DAILY CHARTS A BEARISH DOWNSLOP PATTERN IS FOMRED AND UPPER SIDE RESISTANCE LEVEL IS 161.95 ITS BREAKOUT IS GOING DOWN AND FORM THE BEARISH DOZI , MAJOR SUPPORT LEVELS 159.60 IS , RSI GIVES SELL SIGNALS . SELL TATAMOTORS IN FUTURE BELOW 157 TGT 154/150 SL ABOVE 162.20

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Daily Report WEDNESDAY DEC 4 2019

TECHNICAL RECOMMENDATIONS TECHNICAL VIEW : L&T FH LTD ( SELL) PIVOT LEVELS

R2

R1

PIVOT

S1

S2

123.13

121.57

119.93

118.37

116.73

L&T FH LTD :AFTER BULLISH UP TREND IN DAILY CHARTS A BEARISH EVENING STAR CANDELSTRICK PATTERN IS FOMRED AND UPPER SIDE RESISTANCE LEVEL IS 123.50. ITS BREAKOUT IS GOING DOWN TREND FORM AND MAJOR SUPPORT LEVELS 116.05 , MACD GIVES SELLSIGNALS . SELL L&T FH IN CASH BELOW 116 TGT 114/111 SL ABOVE 123

TECHNICAL VIEW: TATASTEEL LTD CASH (SELL ) PIVOT LEVELS

R2

R1

PIVOT

S1

S2

430.22

425.53

422.27

417.58

414.32

TATASTEEL LTD : IN DAILY CHARTS A BEARISH DOWNWARD RANGE AND ROUNDING TOP CANDELSTRICK PATTERN IS FOMRED AND DOWN SIDE A RANGE BREAKOUT GIVEN AND GIVEB BREAKOUT BELOW 403 , RSI GIVES SELL SIGNALS . SELL TATASTEEL IN CASH BELOW 396 TGT 392/388 SL ABOVE 413

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Daily Report WEDNESDAY DEC 4 2019

TECHNICAL RECOMMENDATIONS 3. NIFTY FUTURE (SELL ) PIVOT LEVELS R2

R1

PIVOT

12179.65

12135.55

12093.85

S1

S2

12049.75 12008.05

NIFTY FUTURE: IN DAILY CHARTS BEARISH BLACK CROWS CANDELSTRICK PATTERN FORMED AND MAJORS SUPPORT LEVEL 12000 IS BREAKOUT .NIFTY GOING DOWN RESISTANCE LEVEL 12150 ,RSI IS SELL SIGNALS .THE TREND IS DOWN .. SELL NIFTY IN FUTURE BELOW 12050 TGT 12000/11900 SL ABOVE 12150

4. BANK NIFTY FUTURE (SELL ) PIVOT LEVELS R2

R1

PIVOT

32238.92

32080.15

31921.22

S1

S2

31762.43 31603.52

BANKNIFTY FUTURE: :IN DAILYS CHARTS BEARSIH THREE BLACK CROWS PATTERN CANDEL STRICK PATERN FOMRED AND UPPER RESISTANCE LEVEL 32150 AND MAJORS SUPPORT LEVEL 31750 AND TODAY BREAK THIS LEVEL ,RSI IS SELLSIGNALS, THE DOWN TREND IS DOWN CONTINOUSE, SELL BANK NIFTY FUTURE BELOW 31550 TGT 31400/31300 SL ABOVE 32100

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Daily Report WEDNESDAY DEC 4 2019

PREVIOUS DAY’S PERFORMANCE

CALL

SEGMENT

ADVISE

ENTRY

NIFTY

INDEX

SELL

12050

BANKNIFTY

INDEX

SELL

SUNPHARMA LTD

CASH

RBL BANK LTD

TGT

SL

STATUS

12000/11900

12150

31880

31800/31710

32000

HIT FINAL TGT

SELL

440

435/430

446

FINAL TGT

CASH

BUY

378

384/390

372

SL

SUNPHARMA

FUTURE

SELL

464

460/454

470

FINAL TGT

RBL BANK

FUTURE

BUY

378

384/390

372

SL

HIT FINAL TGT

DISCLAIMER This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment in the securities of the companies referred to in this document including the merits and risks involved, and should consult their own advisors to determine the merits and risks of such an investment. Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding positions and trading volume. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied on as such, as this document is for general guidance only. Trade Nivesh shall not be in any way responsible for any loss or damage that may arise. URL: www.tradenivesh.com

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