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Daily Report TUESDAY APRIL 16 2019

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Daily Report TUESDAY APRIL 16 2019

MARKETS AT A GLANCE INDIAN MARKETS INDICES

VALUE

CHANGE

% CHANGE

NIFTY

11690.40

46.90

0.40

SENSEX

38905.84

138.73

0.36

BANKNIFTY

30104.30

165.75

0.55

GLOBAL MARKETS INDICES

VALUE

DJIA

26,384.77

INDIAN SECTORIAL INDICES % change INDICES 0.10

% change

NIFTY AUTO

1.53

NIFTY FIN SERVICE

0.32

NIFTY FMCG

0.04 1.27

S&P 500

2,905.58

0.06

NASDAQ

7,976.01

-0.10

NIFTY IT

FTSE 100

7,436.87

-0.00

NIFTY MEDIA

-0.39

0.17

NIFTY METAL

2.27

12,020.28

CAC 40

5,508.73

0.11

NIKKEI

22208.61

HANGSENG

29,967.54

DAX

NIFTY PHARMA

-0.09

NIFTY PSU BANK

-0.40

0.18

NIFTY PVT BANK

0.52

0.53

NIFTY REALTY

1.65

MARKETS’ SUMMARY At close, the Sensex was up 138.73 points at 38905.84, while Nifty was up 46.90 points at 11,690.40. About 1454 shares have advanced, 1129 shares declined, and 184 shares are unchanged. Tata Motors, TCS, Coal India, Tata Steel and Kotak Mahindra Bank were among major gainers on the Nifty, while losers were Infosys, Bharti Infratel, Sun Pharma, IOC and Yes Bank.

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Daily Report TUESDAY APRIL 16 2019

DAILY NEWS 

Syndicate Bank: Bank cuts MCLR rate by 5 bps across all tenures.

Canara Bank appointed R.A. Sankara Narayanan as MD & CEO of bank

Lakshmi Vilas Bank: Board to meet on April 22 to decide price of shares issuance. Bank is proposing to make preferential allotment to Indiabulls Housing Finance to extent of 4.99 percent and is expected that the relevant date could be by the end of April 2019.

Deepak Fertilizers: Company commences commercial production of nitric acid plant at Dahej, Gujarat. Facility to cost approximately Rs 550 crore.

Dr Reddy's Lab received Establishment Inspection Report (BIR) from USFDA, for its formulations manufacturing plant - 3 at Bachupally, Hyderabad

Cipla: Company''s wholly owned subsidiary in USA i.e. Cipla Technologies LLC has signed the definitive agreement with Pulmatrix Inc for the development and commercialisation of Pulmazole, – an inhaled iSPERSE formulation of the antifungal drug itraconazole for the treatment of allergic bronchopulmonary aspergillosis (ABPA) in patients with asthma.

Dynamatic Technologies launched TEJAS MA|N FUSELAGE ASSEMBLY for Hindustan Aeronautics

Suven Life Sciences: Board approved the enhancement of investment limits in subsidiary in USA Suven Neurosciences, Inc. from $25 million upto $50 million to undertake clinical trials on the molecules in the pipeline.

Cyient: Company rolled out a portfolio of services and solutions that help communication service providers (CSPs) expedite 5G network rollouts globally.

Majesco unveils Majesco P&C core suite version 11

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Daily Report TUESDAY APRIL 16 2019

MOVERS & SHAKERS Losers of the Day

Gainers of the Day Symbol

CMP

% change

232.00

7.43

2,113.00

4.89

COALINDIA

250.80

4.15

TATASTEEL

554.00

3.81

1,376.00

2.42

TATAMOTORS TCS

KOTAKBANK

Symbol

CMP8

% change

INFY

728.20

-2.61

INFRATEL

309.40

-1.67

SUNPHARMA

458.65

-1.38

GAIL

353.60

-0.88

YESBANK

265.80

-0.78

IOC

154.15

-0.77

52 Weeks’ High

52 Weeks’ Low

LTP

Chan ge

% change

872.10

0.85

0.10

2,285.05

105.2 0

4.83

64.60

3.05

BSLNIFTY

125.85

GILLETTE

7,795.10

Symbol ALKYLAMINE ASTRAZEN BALAXI

Symbol

LTP

Change

% change

BALLARPUR

2.65

-0.10

-3.64

BLUECOAST

33.10

-1.70

-4.89

4.96

CKFSL

60.05

-3.15

-4.98

0.59

0.47

MAHESHWARI

253.00

17.80

7.57

503.7 5

6.91

METROPOLIS

955.20

-2.80

-0.29

Volume Shockers

OI Spurts

Symbol

Volume

Symbol

AROGRANITE

2,26,546

PCJEWELLER

NAVNETEDUL

12,74,582

RETFMID150

10,00,205

JUBLINDS

1,32,692

HOVS

4,65,357

JOCIL

15,400

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Change in OI

% Change in OI

3,359

89.00

22,636

37.42

INFIBEAM

1,183

26.14

COALINDIA

4,139

23.01

BANKNIFTY

1,49,100

21.25

INFY

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Daily Report TUESDAY APRIL 16 2019

SGX NIFTY (9:00am)

RBI REFERENCE RATE

11745.30

INR / 1 USD

69.22

INR / 1 EURO

78.30

INR / 100 Jap. YEN

61.84

INR / 1 POUND Sterling

90.60

MCX GOLD 31789

USD/INR 69.56

SCRIPS IN BAN TODAY DHFL IDBI JETAIRWAYS PCJEWELLER RPOWER WOCKPHARMA

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

28717

2192.42

31276

2414.79

241429

19260.47

INDEX OPTIONS

1712869

114912.62

1692601

113620.35

914287

72691.84

STOCK FUTURES

189649

12030.65

190428

12300.74

1384787

90018.08

STOCK OPTIONS

119442

7583.35

121678

7753.62

126733

8121.57

-629.54

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Daily Report TUESDAY APRIL 16 2019

TECHNICAL RECOMMENDATIONS 1. PC JEWELLERS FUTURE (SELL ) PIVOT LEVELS R2

R1

PIVOT

142.23

135.17

124.38

S1

S2

117.32 106.53

PC JEWELLERS FUTURE seems to come downside for this week, as the stock has been in uptend in previous session & breaking resistance also ,it is bearish on daily and weekly chart as stock has formed bearish reversal pattern and confirming downside movement. It is bearish on RSI is also giving sell signal. So sell it below 126 for 125 and 123 with strict stop loss of 127.

2. TATA MOTORS FUTURE(SELL) PIVOT LEVELS R2

R1

PIVOT

S1

S2

242.58

237.42

227.73

222.57

212.88

TATA MOTORS FUTURE as the stock has been trading support level ,it is bearish on daily and weekly chart after buying rally ,confirming downside movement. It is bearish on RSI is also giving sell signal .So sell it below 230 for 227.50 and 225 with strict stop loss 232. .

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Daily Report TUESDAY APRIL 16 2019

TECHNICAL RECOMMENDATIONS TECHNICAL VIEW : PC JEWELLERS LTD (SELL) PIVOT LEVELS

R2

R1

PIVOT

S1

S2

140.95

134.15

123.90

117.10

106.85

PC JEWELLERS LTD seems to come downside for this week, as the stock has been in uptrend in previous session ,it is bearish on daily and weekly chart and formed downside wave pattern. RSI also giving sell signal because of overbought zone and confirming bearish reversal . So sell it below 124 for 122 and

118

with strict stop loss of 126.

TECHNICAL VIEW : TATA MOTORS LTD CASH (SELL) PIVOT LEVELS

R2

R1

PIVOT

S1

S2

243.57

237.78

227.47

221.68

211.37

TATA MOTORS LTD as the stock has been trading resistance level ,it is bearish on daily and weekly chart after buying rally ,confirming downside movement. It is bearish on RSI is also giving sell signal .So sell it below 230 for 228 and 225 with strict stop loss 232.

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Daily Report TUESDAY APRIL 16 2019

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

R1

PIVOT

S1

S2

11,774.37

11,752.03

11,717.37

11,695.03

11,660.37

NIFTY FUTURE in trading session Nifty was 25.85 up Points to close at 11,729.70 .

0.22

per-

cent up than the previous day. Chances of bullish phase is high as index is trading above tick average price level in hourly and daily chart . So we advise to buy it above 11740 for the target of 11760 and 11780 with strict stop loss of 11700.

4. BANK NIFTY FUTURE (SELL) PIVOT LEVELS R2

R1

30,364.93

30,274.97

PIVOT

S1

S2

30,159.03 30,069.07 29,953.13

BANKNIFTY FUTURE with movement of 121.95

points . Nifty Bank up

0.41

per-

cent .Chances of bearish phase is high as index closed below tick average price level . So we advise to sell it below 30150 for the target of 30100 and 30050 with strict stop loss 30200.

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Daily Report TUESDAY APRIL 16 2019

PREVIOUS DAY’S PERFORMANCE

CALL

SEGMENT ADVISE

ENTRY

TGT

SL

STATUS

NIFTY

INDEX

SELL

11670

11640 -11610

11710

NOT EXECUTED

BANKNIFTY

INDEX

SELL

30000

29960 -29920

30050

NOT EXECUTED

GATI LTD

CASH

SELL

85

84 -82

86

SL

REC LTD

CASH

SELL

154

152.50 -150

155.50

1ST TGT

REC

FUTURE

SELL

154.50

154 -152

155.20

1ST TGT

TVS MOTORS

FUTURE

SELL

500

497 - 494

503

NOT EXECUTED

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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