Special report-12-mar-2019-epic-research

Special Report

12–MAR-2019

Global markets at a glance US President Donald Trump proposed USD 1 billion funding towards advancing a free and open Indo-Pacific as he sent his USD 4.7 trillion budgetary proposals to the Congress.In its annual budget for the fiscal year 2020, beginning October 1 this year, the White House said the nation's future security, prosperity and leadership depend on maintaining a free and open Indo-Pacific region.As such “the budget provides over USD 1 billion for the Indo-Pacific, reflecting the Administration's commitment to the region,” it said.This funding supports democracy and good economic governance, private sector mobilisation and competitiveness, critical infrastructure standards and financing and security cooperation.

The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in a Brexit deal ahead of a vote in the British parliament on a divorce agreement. US stocks jumped on Monday as the technology sector led a broad-based rebound following five straight sessions of losses, but a fall in Boeing's shares limited the Dow's advance after a deadly airline crash in Ethiopia. Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 49.50 points or 0.44 percent. Nifty futures were trading around 11,262-level on the Singaporean Exchange.

PREVIOUS DAY ROUNDOFF Indices ended on strong note on Monday as bulls took charge of the Dalal Street with Sensex closed above 37,000, while Nifty finished above 11,150 mark.The Sensex was up 382.67 points at 37054.10, while Nifty was up 132.60 points at 11168. About 1735 shares have advanced, 911 shares declined, and 163 shares are unchanged.Bharti Airtel, HPCL, BPCL, Eicher Motors and Bharti Infratel were the top gainers on the Nifty, while losers include NTPC, Zee Entertainment, TCS, Tech Mahindra and HCL Tech.Except IT index, all other sectoral indices ended in green led by auto, energy, infra, metal, PSU bank, pharma and FMCG. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+83.35pts], Consumption[+96.55pts],PSE[+86.90pts],CPSE [+45.85pts],Energy[+418.4pts],FMCG[+310.65pts],Auto [+200.1pts],Pharma[+133.2pts],IT[ -20.2pts],Metal [+80.90pts],Realty[+2.15pts], Fin Serv sector[+110.15pts].

World Indices Index

Value

% Change

DJI

25650

+0.79

S&P500

2783

+1.47

NASDAQ

7558

+2.02

FTSE100

7130

+0.37

21554 28920

+2.03 +1.46

NIKKEI HANG SENG

Top Gainers Company

CMP

Change

% Chg

Bharti Airtel

333.80

25.10

8.13

HPCL

263.40

13.55

5.42

BPCL

387.05

19.70

5.36

22,972.45 1,101.40

5.04

Eicher Motors Bharti Infratel

319.70

14.20

4.65

CMP

Change

% Chg

151.40 807.15 453.00 1,004.40 2,014.80

-0.80 -4.20 -2.10 -4.65 -7.90

-0.53 -0.52 -0.46 -0.46 -0.39

Top Losers Company

NTPC Tech Mahindra Zee Entertain HCL Tech TCS

Stocks at 52 Week’s HIGH Symbol

Prev. Close

Change

%Chg

673.2

-10.7

-1.59

AAVAS

1239.8

5.2

0.42

ADANIGAS

114.75

2.75

2.4

ALBK

57.6

0.1

0.17

ANUP

548.8

27.4

4.99

Prev. Close

Change

%Chg

ATNINTER

0.05

0.05

100

BILPOWER

0.4

0

0

2 0.65 9

-0.1 0.05 -0.45

-5 7.69 -5

AARTIDRUGS

Stocks at 52 Week’s LOW Symbol

DNAMEDIA EUROMULTI FEDDERELEC

Indian Indices Company

CMP

Change

% Chg

NIFTY

11168.05

132.65

1.20

SENSEX

37054.10

382.67

1.04

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Special Report

12–MAR-2019

RECOMMENDATIONS [FUTURE]

STOCK RECOMMENDATION [CASH]

1. CANFINHOME [FUTURE ]

IIFL[CASH]

CANFINHOME Future closed at last five month high with opening Marubozu candle stick pattern which is bullish pattern and it successfully cross long term resistance of 296 as well as Stochastic also has positive crossover so this rely may continue up to 317 to 331 it can be buy with stop loss of 291 for the same target.

IIFL has double bottom chart pattern on daily chart, in this recovery Mindcap and Smallcap Index given strong pull back but this stock is still in pressure. Here we can see the fresh buying is coming with strong volume as compare to red candle and last seven trading session it never berak previous days low we wil advise to buy it decline around 370-372 with stop loss of 365 for target of 380 395 410.

2. M&M FIN [FUTURE]

MACRO NEWS 

M&MFIN future looking bullish on daily chart it has given breakout of Flag pattern due to that we can see target up to 480 but in intraday 455 may act as resistance so it will be  good to buy above 456 since in last session it closed above 200DMA which is at 444 this will be stop loss since risk reward ratio is not good so buy it in decline around 442-444 with stop loss of 438 for the target of 450 455 465.

The Enforcement Directorate (ED) had submitted a supplementary charge sheet in the Nirav Modi case on February 28 and added the absconding fugitive's wife's name to it. The ED will now seek a red corner notice against her.The ED named Ami Modi for illegally routing $30 million to the US. A source close to the development told Moneycontrol, "The Enforcement Directorate is following a trail of $30 million which was routed to the US via illegal means. The money was used to purchase a property in New York. The transaction has numerous layers, the ED has learnt that it was first handed over to Mumbai-based firm Solar Stellar and then provided to Purvi Mehta [Nirav Modi's sister] after which the property was bought in the US. "Court documents show Google paid former search executive Amit Singhal USD 35 million in an exit package when the exec was reportedly forced to resign after a sexual assault investigation.Details of the exit package were revealed as part of a shareholder lawsuit against the company.

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Special Report

12–MAR-2019

STOCKS IN NEWS

MOST ACTIVE CALL OPTION Symbol

Optio Strike n Price Type

LTP

Traded Volume (Contracts)

BANKNIFTY

CE

28,000

142

5,06,012

NIFTY

CE

11,200

37.6

3,19,329

NIFTY

CE

11,100 97.35

2,13,790

BANKNIFTY

CE

27,900 200.25

RELIANCE

CE

1,300 36.35

SBIN

CE

290

5.4

AXISBANK

CE

760

8.45

MARUTI

CE

7,200

107

MARUTIACTIVE PUT CE OPTION 9,000 111.5 MOST LTP

Open Interest

working capital purposes, falling due on March 11, hasbeen delayed owing to temporary liquidity 4,89,460 constraints and the company has engaged with the lender in relation to the same.

12,55,050 6,41,925

NIFTY FUTURE 1,89,720 Last trading session Nifty Future close on positive note 10,865 14,15,500 and gaining around 1.20% with bulish candlestick in daily chart,after announce central election news,And if we go 4,565 47,34,000 technically on cahrt we can seen clearly cross major 4,479 13,76,400 resistance level and close above this level , and also trendline breakout in daily chart, and close daily chart in 4,477 1,33,725 bullish signal It’s clearly indicate nifty go upside ahead, 5,823 2,83,500 and also 2019 is election year so we can expect Govt announce new policy some related sectors so keep that Traded Open in mind and watch all PSUBanks,infra pharma sector Volume Interest movements. And from a data perspective create broader (Contracts) range in option traders, So we can follow buy on decline 2,98,438 5,61,700 strateg, So we advise you to buy around 1150-11160 for the targets of 11250-11300 With SL of below 11000.

2,94,792 3,68,620 1,73,854

Symbol

Optio Strike n Price Type

BANKNIFTY

PE

27,700

BANKNIFTY

PE

28,000 137.85

NIFTY

PE

11,100 23.75

2,32,016

19,61,250

NIFTY

PE

11,000

10.8

2,03,651

23,52,150

AXISBANK

PE

720 10.25

2646

9,28,800

MARUTI

PE

7,000 100.4

2459

57675

TATASTEEL

PE

510

8.65

2381

5,82,489

AXISBANK

PE

700

5.5

2308

13,42,800

49

Jet Airways: Parborrowing availed by the company, for

FII DERIVATIVES STATISTICS BUY No. of Contracts

SELL Amount in Crores

OPEN INTEREST AT THE END OF THE DAY

No. of Amount in No. of Contracts Crores Contracts

Amount in Crores

NET AMOUNT

INDEX FUTURES

30815

2405.80

32595

2418.53

231098

18032.55

-12.7246

INDEX OPTIONS

1623504

104752.37

1618133

104271.94

781890

59613.46

480.4295

STOCK FUTURES

189402

11263.54

175216

10512.84

1403164

87834.46

750.7072

STOCK OPTIONS

98038

6038.46

98006

6027.41

112363

6842.27

11.057 1229.4691

INDICES

R2

R1

PIVOT

S1

S2

NIFTY

11,311

11,261

11,163

11,113

11,015

BANKNIFTY

28,294

28,187

28,039

27,932

27,932

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Special Report

12–MAR-2019

RECOMMENDATIONS GOLD TRADING STRATEGY: Gold BUY ABOVE 38690 TARGET 38720/38750 SL 38640 Gold Sell BELOW 38640 TARGET 38600/38575 SL 38675

COMMODITY ROUNDUP Gold inched down on Monday, after rising about 1 per cent in the previous session, as a firm dollar offset support from fading appetite for riskier assets due to mounting global growth concerns. Fundamentals As of 0115 GMT, spot gold was down 0.1 per cent at $1,296.73 per ounce, after briefly breaching the $1,300 ceiling in the previous session.

US gold futures were also down 0.1 per cent at $1,298.10 an ounce. Asian shares were on a back foot on Monday after US payrolls data raised doubts on the strength of the global economy. The dollar rose 0.1 per cent against major currencies in the early Asian trade and hovered close to its near two-month peak. US employment growth almost stalled in February, with the economy creating only 20,000 jobs, adding to signs of a sharp slowdown in economic activity in the first quarter.

SILVER TRADING STRATEGY: Silver BUY ABOVE 38690 TARGET 38720/38750 SL 38640 Silver Sell BELOW 38640 TARGET 38600/38575 SL 38675

Metal traders will continue to monitor gyrations in the U.S. dollar this week after gold prices rose almost 1% on Friday as a weak U.S. employment report sent the greenback lower and clouded the outlook for the global economy.Markets will get the latest reading on U.S. retail sales on Monday, which are expected to show another decline in January after an unexpected drop at the end of 2018.

Inflation figures will also be closely watched after the Federal Reserve vowed to be “patient” and await incoming data before raising interest rates again. Data on U.S. consumer and producer prices are set to be released on Tuesday and Wednesday, respectively.Other key economic reports in focus this week include U.S. new home sales and durable goods. Meanwhile, U.S. President Donald Trump will introduce his 2020 budget proposal on Monday after a delay caused by the government shutdown in January.

The U.S. dollar was broadly lower on Friday after data showing that the U.S. economy added far fewer workers than forecast in February.The Labor Department reported a 20,000-job increase in nonfarm payrolls last month, far fewer than the consensus forecast of 180,000. But traders were encouraged by the unemployment rate falling back below 4% and average hourly earnings accelerating by 0.4%.

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Special Report

12–MAR-2019

RECOMMENDATIONS GUARGUM5

NCDEX INDICES Index

Value

% Change

Barley

1670

0.54

Castor Seed

5260

-0.04

Chana

4171

1.29

Coriander

6612

3.04

Cotton Seed Oilcake

2038

3.98

Guar Seed 10 MT

4246

-0.4

16025

1.97

Mustardseed

3843

-0.08

Soy Bean

3619

-0.98

Jeera

TRADING STRATEGY: BUY GUARGUM APR ABOVE 8750 TARGET 8765/8785/8815 SL 8690 SELL GUARGUM APR BELOW 8700 TARGET 8685/8665/8635 SL 8760

DHANIYA TRADING STRATEGY: BUY CORIANDER APR 6650 TARGET 6665/6685/6710 SL 6590 SELL CORIANDER APR BELOW 6630 TARGET 6615/6595/6570 SL 6690

Soyabean and cottonseed oil today declined in Vidarbha region of Western Maharashtra on stockists selling, driven by higher imports amid weak global cues. Fall in demand from millers and retailers also put pressure on these oils.

Besides, sufficient stocks, fresh fall on NCDEX and easy condition in Madhya Pradesh edible oil also affected sentiment in thin trading activity, sources said Monday.

Gram and tuar prices firmed up again in Nagpur Agriculture Produce Marketing Committee (APMC) here good Holi festival season demand from local millers amid weak supply from producing belts. Good rise on NCDEX in gram, upward trend in Madhya Pradesh pulses and reported demand from South-based millers also helped to push up prices here.

About 1,400 bags of tuar and 3,600 bags of gram reported for auctions in Nagpur APMC, according to sources.

West Bengal government is making special arrangements to enable farmers to sell surplus potato harvested this year to the government and cold storage owners to store it.

Government officials and officials of the State Level Bankers’ Committee (SLBC) recently held a meeting in this regard. The government would help cold storage owners to open accounts in cooperative banks through which the latter would be able to take loans at easy rates to finance the cost of storing the potato. Those farmers wanting to sell their produce to the government would have to get themselves enlisted at the local BDO office, from where the details would be sent to the cold storages.

The Centre has released Rs 2000 each to about five lakh farmers in Telangana so far under Pradhan Mantri Kisan Samman Nidhi scheme, said Union Minister of State for Agriculture Gajendra Singh Shekhawat here Saturday.

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Special Report

12–MAR-2019

RBI Reference Rate Currency

Rate Currency

Rate

Rupee- $

69.9308 Yen

62.93

Euro

78.5710 GBP

90.7916

USD/INR

TRADING STRATEGY: BUY USDINR FUTURE ABOVE 70.10 TARGET 70.2200/70.3500 SL 69.9500 SELL USDINR FUTURE BELOW 70.90 TARGET 70.78/70.65 SL 71.05

The rupee managed to break below seven-week range and in the process, it breached below the low of the bullish bar seen in the third week of January.The Indian rupee managed to break below seven-week range and in the process, it breached below the low of the bullish bar seen in the third week of January.However, in Friday’s trade, it marked a low of 69.81 before staging a sharp rally.

Despite Friday’s fag-end recovery, it continues to face hurdle around its downward sloping trendline, suggesting short-lived moves. We expect, USD/INR to inch towards January 2019 low near 69.20 mark.The broader charts of Nifty IT index suggest weakness. It has reversed from PRZ of a bearish BAT pattern, indicating weakness after its recent underperformance.In this week’s decline of 3 percent, it also fell below the peak of the month of January 2019, signaling further declines.

The U.S. dollar was little changed in early European hours on Monday, as investors looked ahead to the latest U.S. retail sales report for further hints on the strength of the economy.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, held steady at 97.29 by 4:30AM ET (08:30 GMT). The index rose to 97.66 last Thursday, its best level since Dec. 14 last year.

Against the Japanese yen, the dollar was a tad higher at 111.25, bouncing off the prior session's one-week low of 110.77.Economic reports will remain in focus in the week ahead, after data on Friday showed that U.S. job growth almost stalled in February, with the world's top economy creating a measly 20,000 jobs, far fewer than expected by analysts.But traders found some hope in figures showing the U.S. employment rate slipped back below 4% and average hourly earnings accelerated by 0.4%.

GBP/INR TRADING STRATEGY: BUY GBPINR FUTURE ABOVE 91.10 TARGET 91.2200/91.3500 SL 90.9500 SELL GBPINR FUTURE BELOW 90.90 TARGET 90.78/90.65 SL 91.05

The Commerce Department will release data on retail sales for January at 8:30AM ET (12:30 GMT).Elsewhere, the British pound was down 0.1% to $1.2998 after briefly dipping to a near three-week low of $1.2960 on nervousness over Brexit.

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Special Report

12–MAR-2019

Date

Commodity/ Currency Pairs

11/03/19

NCDEX DHANIYA

APR

BUY

6220

11/03/19

NCDEX DHANIYA

APR

Sell

11/03/19

NCDEX GUARGUM5

MAR

11/03/19

NCDEX GUARGUM5

11/03/19

Contract Strategy

Entry Level

Stop Loss

Remark

6260-6310

6170

NOT EXECUTED

6130

6080-6030

6200

NOT EXECUTED

BUY

8400

8500-8600

8270

TARGET

MAR

SELL

8250

8150-8050

8370

NOT ECECUTED

MCX GOLD

MAR

BUY

32250

32270-32300

32200

TARGET

11/03/19

MCX GOLD

MAR

SELL

32200

32170-32150

32250

TARGET

11/03/19

MCX SILVER

MAR

BUY

38500

38540-38570

38420

TARGET

11/03/19

MCX SILVER

MAR

SELL

38200

38170-38150

38250

NOT EXECUTED

Entry Level

Target

Stop Loss

Remark

Target

Date

Scrip

CASH/ FUTURE/ Strategy OPTION

11/03/19

NIFTY

FUTURE

SELL

10800

10750-10700

10900

NOT EXECUTED

11/03/19

VEDANTA

FUTURE

BUY

175-178

185-190

165

TARGET

11/03/19

KSCL

FUTURE

BUY

427

430-433

422

TARGET

11/03/19

REPOHOME

CASH

BUY

458

461-465

452

TARGET

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Special Report

12–MAR-2019

NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS TIME (ET)

PERIO ACTUAL D

REPORT

FORECAST

PREVIOUS

THE GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, MARCH 11 8:30 am

Retail sales* (new date)

Jan.

-1.2%

8:30 am

Retail sales ex-autos* (new date)

Jan.

-1.8%

10 am

Business inventories* (new date)

Dec.

-0.1%

11 am

Survey of consumer expectations

Feb.

TUESDAY, MARCH 12 6 am

NFIB small-business index

Feb.

101.2

8:30 am

Consumer price index

Feb.

0.0%

8:30 am

Core CPI

Feb.

0.2%

2 pm

Federal budget

Feb.

DELAYED

WEDNESDAY, MARCH 13 8:30 am

Durable goods orders* (new date)

Jan.

1.2%

8:30 am

Core capital goods orders* (new date)

Jan.

-1.0%

8:30 am

Producer price index

Feb.

-0.1%

9:45 10 am amMarkit manufacturing index flash Construction spending* (newNov. date)

--

55.7

9:45 am

--

54.8

Markit services index flash

THURSDAY, MARCH 14

Nov.

8:30 am

Weekly jobless claims

3/9

--

8:30 am

Import prices

Feb.

0.5%

8:30 am

Retail sales*

Feb.

10 am

New home sales* (new date)

Jan.

10 am

Business inventories

Jan.

DELAYED -DELAYED

FRIDAY, MARCH 15 8:30 am

Empire state manufacturing index

March

8.8

9:15 am

Industrial production

Feb.

-0.6%

9:15 am

Capacity utilization

Feb.

78.2%

10 am

Job openings

Jan.

7.4 mln

10 am

Consumer sentiment

March

95.5

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Special Report

12–MAR-2019

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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: 2019-03-12 10:00+05:30

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