Weekly Newsletter | 15 Dec - 21 Dec, 2019th th
nitial
ublic
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I
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Market Outlook
The Week That Was
Nifty regains 12,000
Indian stocks ended with major gains during the week on positive global
cues. Optimism over US-China deal and hopes of a swift Brexit after
thumping election win by Britain's Conservative Party boosted sentiment.
Both, Sensex and Nifty ended above their psychological 41,000-mark and
12,000-mark, respectively. In the week ended on Friday, 13 December
2019, the Sensex rose 564.56 points or 1.40% to settle at 41,009.71. The
Nifty 50 index advanced 165.20 points or 1.39% to settle at 12,086.70.
The BSE Mid-Cap index gained 163.30 or 1.11% to settle at 14,830.40. The
BSE Small-Cap index shed 6.69 points or 0.05% to settle at 13,332.66. On
the economic front, the Reserve Bank of India (RBI) unexpectedly left
interest rates unchanged on Thursday, 5 December 2019. The move was
driven by the rising inflationary pressure and gradual improvement in
monetary transmission. RBI revised GDP growth downwards to 5% for
2019-20 from 6.1% projected in its October policy.
The CPI inflation projection has also been revised upwards to 4.7-5.1% for
the second half of FY20 and 3.8-4% for the first half of FY21. Asian
Development Bank (ADB) lowered India's growth forecast on Wednesday,
11 December 2019. India's growth is now seen at a slower 5.1% in fiscal
year 2019 as the foundering of a major non-banking financial company in
2018 led to a rise in risk aversion in the financial sector and a credit crunch.
Also, consumption was affected by slow job growth and rural distress
aggravated by a poor harvest. Growth should pick up to 6.5% in fiscal year
2020 with supportive policies.
In September, ADB forecast India's GDP to grow 6.5% in 2019 and 7.2% in
2020. Society of Indian Automobile Manufacturers (SIAM) data released
on Wednesday, 11 December 2019, domestic passenger vehicle sales fell
by 0.84% to 2.63 lakh units in November 2019 from 2.66 lakh units in
November 2018. Domestic car sales were down 10.83% to 1.60 lakh units
as against 1.79 lakh units in November 2018. Motorcycle sales last month
declined 14.87% to 8.93 lakh units as against 10.49 lakh units a year earlier.
Total two-wheeler sales in November declined 14.27% to 14.10 lakh units
compared to 16.45 lakh units in the year-ago month. Sales of commercial
vehicles were down 14.98% to 61,907 units in November 2019 over
November 2018. Vehicle sales across categories registered a decline of
12.05% to 17.92 lakh units from 20.38 lakh units in November 2018, it
added. Industrial output in India dropped 4.3% year-on-year in September
of 2019, following an upwardly revised 1.4% decline in August.
India's industrial production (IIP) data for October 2019 was announced on
Thursday, 12 December 2019. The Manufacturing production data for
October 2019 was announced on Thursday, 12 December 2019.
Manufacturing Production in the country decreased 3.90% in September
of 2019 over the same month in the previous year.
The Consumer Price Index (CPI) for November 2019 was also announced
on Thursday, 12 December 2019. India's retail price inflation rate climbed
to 4.62% year-on-year in October 2019, the highest in over a year, from the
previous month's 3.99%. Inflation rose above the Reserve Bank of India's
medium-term target of 4% for the first time since July 2018, following
Tech
nic
al
Vie
w
Sensex Outlook (41009)
Nifty Outlook (12087)
Bank Nifty Outlook (32014 )
USDINR Outlook (70.92 )
EURINR Outlook (79.34 )
Dollar Index Outlook (96.74 )
During the last week Bank Nifty has made a low of 40135 and given a bounce up to 41055 and closed above 20 DEMA of 40550. Its immediate support is likely to be seen around 40500. If trades or closed
below 40500 next support around 40150 for next week. Its resistance is likely to be seen around 40200 and 40350 for next week.
Indian equities witnessed a week of strength as benchmark Nifty posted a weekly gain of 1.39% at the end of the week. During the last week Nifty has made a low of 11832 and given a bounce up to 12099 and
closed above 20 DEMA of 11960. Its immediate support is likely to be seen around 12020 to 11950. If trades or closed below 11950 next support around 11850 for next week. Its resistance is likely to be seen around 12150 and
12230 for next week.During the last week Bank Nifty has made a low of 30996 and given a bounce up to 32105 and closed above 20 DEMA of 31395. Its immediate support is likely to be seen around 31600 to 31400. Its
resistance is likely to be seen around 32250 and 32500 for next week.
During the last week USDINR has made a lower top formation and given a correction from 71.45 to 70.61 and took support at 200 DEMA of 70.70 and given a bounce up to 70.97. Its immediate support is
likely to be seen around 70.70 and 70.50 for next week. Its resistance is likely to be seen around 71.20 and 71.50 for next week.
During the last week EURINR has made a low of 78.65 and given a bounce from this level up to 79.40 and closed above 200 DEMA of 79.10. Its immediate support is likely to be seen around 79.10 and 78.70
for next week. Its resistance is likely to be seen around 79.70 and 80.30 for next week..
During the last week DX has made a lower top formation and closed below 200 DEMA of 97.30. Its immediate support is likely to be seen around 96.30 and 96.10 for next week. Its resistance is likely to
be seen around 97.30 and 97.70 for next week.
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recent cuts in interest rates.
India's WPI inflation rose 0.16% year-on-year in October 2019, slowing
from a 0.33% gain in the previous month. It was the lowest wholesale
inflation rate since a decline in June 2016, as cost of both fuel and
manufacturing continued to fall. India's retail inflation jumped to a 40-
month high in November on higher food prices, while industrial output
contracted in October from a year earlier, data showed on Thursday, 12
December 2019. India's IIP declined for third straight month at 3.8% in
October 2019, in addition to 4.3% dip in September 2019 and 1.4% decline
in August 2019. The numbers were better than expected given that in
October there are several holidays when factories were shut.
The manufacturing sector output declined 2.1%, while electricity
generation plunged 12.2% in October 2019 contributing to the overall
decline in industrial production. Further, the mining sector production
plunged 8.0% in October 2019. The all-India general CPI-based retail
inflation jumped to 5.54% in November 2019, compared with 4.62% in
October 2019.
The higher inflation was driven by transitory factors such as increase in
food inflation while core inflation continued to remain subdued, reflecting
the tepid demand in the economy.
The core CPI inflation rose marginally to 3.50% in November 2019
compared with 3.44% in October 2019.
Macroeconomic data to influence market direction
Global cues, macroeconomic data, movement of rupee against the dollar,
Brent crude oil price movement and investments by foreign portfolio
investors (FPI) and domestic institutional investors (DII) will be watched in
the week ahead.
On the macro front, the WPI Inflation (YoY) for November 2019 will be
unveiled on Monday, 16 December 2019. The Reserve Bank of India (RBI)
will on Thursday, 19 December 2019 announce the minutes of its
monetary policy review meeting held on 5 December 2019. Overseas,
China's industrial production data for November 2019 will be unveiled on
Monday, 16 December 2019.
The Bank of Japan (BoJ) will announce its interest rate decision on
Thursday, 19 December 2019.
The U.S. GDP Growth Rate QoQ final estimate Q3 will be announced on
Friday, 20 December 2019.
The US Markit Manufacturing PMI for December 2019 will be announced
on Monday, 16 December 2019.
In Europe, the Euro Area Markit Manufacturing PMI for December 2019
will be announced on Monday, 16 December 2019.
Week Ahead
Market Outlook
Cash Market Data
Market Indicator
Primary Mkt. Updates
Pivot Levels
Next Week Events
Technical Recommendations
Index
Particulars Nifty Sensex
52 Wk High
52 Wk Low
12158.80
10333.85
12086.70
41163.79
34426.29
41009.15Close
USDINR 70.92 -0.74 %
EURINR 79.34 0.06 %
Currency Update
CMP Net ChangeCurrency
Week 129.71 3188.73
Month (Dec) -3728.10 5611.05
Institutional Activity (Cr.)
FII DII
Year (2019) 32664.81 64032.16
Prince Pipes and Fittings Ltd 18 DEC - 20 DEC 2019 177- 178
- - -
Date Price Band
Primary Market Update
Company
11700
11750
11800
11850
11900
11950
12000
12050
12100
12150
CLOSE
12.6012.8013.0013.2013.4013.6013.8014.0014.2014.4014.6014.80
CLOSE
Nifty
VIX
FII/DII (Cr)
-1000
-500
0
500
1000
1500 FII
CLOSE39800
40000
40200
40400
40600
40800
41000
41200
CLOSE
CASH MARKET DATA
Sensex
Turnover (Rs. Cr.)
Advance/Decline
FII DII
0
200
400
600
800
1000
1200
1400
0
5000
10000
15000
20000
25000
30000
35000
40000
CLOSE
Sensex
Turnover (Rs. Cr.)
Advance/Decline
ADVANCE DECLINE
NSE
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Nifty P/E Ratio Nifty P/BV Ratio
Bank Nifty P/E Ratio Bank Nifty P/BV Ratio
Nifty 500 P/E Ratio Nifty 500 P/BV Ratio
MARKET MOVEMENT
Index* Close Pre. Day Return % Week Ago Return % Month Ago Return % Year Ago Return %
13-Dec-19 12-Dec-19 6-Dec-19 14-Nov-19 6-Dec-18
Broad Market Indices :
NIFTY 50 12086.70 11971.80 0.96% 11921.50 1.39% 11872.10 1.81% 10601.15 14.01%
NIFTY NEXT 50 28076.70 27793.80 1.02% 27854.05 0.80% 28175.60 -0.35% 26798.30 4.77%
NIFTY 100 12182.70 12065.85 0.97% 12024.95 1.31% 12001.10 1.51% 10805.85 12.74%
NIFTY 200 6209.55 6150.05 0.97% 6129.90 1.30% 6119.75 1.47% 5584.85 11.19%
NIFTY 500 9783.60 9691.15 0.95% 9669.40 1.18% 9650.40 1.38% 8883.25 10.14%
NIFTY MIDCAP 50 4641.70 4596.50 0.98% 4556.35 1.87% 4572.25 1.52% 4620.95 0.45%
NIFTY MIDCAP 50 13.30 13.35 -0.36% 13.64 -2.49% 15.65 -15.02% 19.31 -31.11%
Sectoral Indices :
NIFTY BANK 32014.25 31665.45 1.10% 31341.55 2.15% 30749.95 4.11% 26198.30 22.20%
NIFTY AUTO 8069.70 7941.70 1.61% 7806.60 3.37% 8190.90 -1.48% 8791.40 -8.21%
NIFTY FIN SERVICE 14410.45 14292.90 0.82% 14041.85 2.63% 13947.35 3.32% 11158.85 29.14%
NIFTY FMCG 30426.25 30227.95 0.66% 30536.45 -0.36% 31439.45 -3.22% 29489.30 3.18%
NIFTY IT 15200.55 14972.65 1.52% 15289.60 -0.58% 15388.75 -1.22% 14693.75 3.45%
NIFTY MEDIA 1765.70 1758.10 0.43% 1787.40 -1.21% 1791.95 -1.46% 2473.50 -28.62%
NIFTY METAL 2626.75 2568.80 2.26% 2535.85 3.58% 2506.60 4.79% 3085.40 -14.87%
NIFTY PHARMA 8045.05 8045.35 0.00% 7957.55 1.10% 7591.45 5.98% 8686.50 -7.38%
NIFTY PSU BANK 2570.70 2471.20 4.03% 2460.85 4.46% 2379.40 8.04% 2825.95 -9.03%
NIFTY PVT BANK 17668.15 17497.90 0.97% 17358.25 1.79% 17014.40 3.84% 14750.60 19.78%
NIFTY REALTY 287.65 282.90 1.68% 283.40 1.50% 277.65 3.60% 229.30 25.45%
Strategy Indices :
NIFTY DIV OPPS 50 2515.20 2490.20 1.00% 2504.95 0.41% 2568.50 -2.08% 2514.55 0.03%
NIFTY GROWSECT 15 6384.90 6350.15 0.55% 6297.45 1.39% 6330.50 0.86% 6248.80 2.18%
NIFTY50 VALUE 20 5406.20 5343.60 1.17% 5399.95 0.12% 5461.35 -1.01% 5081.40 6.39%
NIFTY50 TR 2X LEV 6797.65 6670.50 1.91% 6620.00 2.68% 6587.75 3.19% 5503.85 23.51%
NIFTY50 PR 2X LEV 5229.35 5131.50 1.91% 5093.05 2.68% 5068.25 3.18% 4349.65 20.22%
NIFTY50 TR 1X INV 338.90 342.15 -0.95% 343.35 -1.30% 343.90 -1.45% 376.50 -9.99%
NIFTY50 PR 1X INV 386.35 390.05 -0.95% 391.40 -1.29% 392.05 -1.45% 423.50 -8.77%
NIFTY50 DIV POINT 117.82 117.82 0.00% 117.35 0.40% 117.35 - 106.94 10.17%
Thematic Indices :
NIFTY COMMODITIES 3385.30 3343.95 1.24% 3334.25 1.53% 3336.85 1.45% 3308.55 2.32%
NIFTY CONSUMPTION 4911.75 4897.90 0.28% 4909.60 0.04% 5013.05 -2.02% 4772.95 2.91%
NIFTY CPSE 1893.65 1874.00 1.05% 1860.35 1.79% 1978.60 -4.29% 1952.55 -3.02%
NIFTY ENERGY 16068.05 15949.95 0.74% 15811.75 1.62% 15905.00 1.03% 13989.85 14.86%
NIFTY INFRA 3267.15 3240.25 0.83% 3238.25 0.89% 3219.10 1.49% 3018.00 8.26%
NIFTY100 LIQ 15 3783.20 3691.15 2.49% 3652.00 3.59% 3669.70 3.09% 3609.35 4.82%
NIFTY MID LIQ 15 3974.80 3943.25 0.80% 3893.05 2.10% 3889.80 2.19% 3816.60 4.15%
NIFTY MNC 13744.25 13592.85 1.11% 13599.30 1.07% 13788.55 -0.32% 13425.75 2.37%
NIFTY PSE 3171.95 3138.80 1.06% 3123.30 1.56% 3275.80 -3.17% 3193.65 -0.68%
NIFTY SERV SECTOR 17172.65 17002.30 1.00% 16919.35 1.50% 16773.45 2.38% 14585.65 17.74%
WEEKLY CHANGE IN WORLD INDICES
Indices 13.12.2019 06.12.2019 Chg (Pts) % Chg
DOW JONES 28135.38 28015.06 120.32 0.43%
NASDAQ COMPOSITE 8734.85 8656.52 78.33 0.90%
FTSE 7353.44 7239.66 113.78 1.57%
NIKKEI 24023.1 23354.4 668.70 2.86%
BOVESPA 112564.9 111125.8 1439.10 1.30%
HANG SENG 27687.76 26498.37 1189.39 4.49%
52 WEEKS HIGH/LOW ALL TIME HIGH/LOW
Scrip Rate H/L Prev H/L on Scrip Rate H/L Prev H/L on
TORNTPHARM 1874.9 H 29-Mar-19 MASFIN 820.55 H 10-Dec-19
ADANIGREEN 135.5 H 29-Nov-19 DABUR 462.8 H 13-Nov-19
VOLTAS 698.55 H 29-Oct-19 HDFCBANK 1272.35 H 21-Nov-19
AAVAS 1946.05 H 12-Dec-19 SANOFI 6995.75 H 2-Dec-19
ASTRAZEN 2859 H 3-Dec-19 IPCALAB 1144.7 H 19-Nov-19
CUB 233.6 H 6-Dec-19 JBCHEPHARM 423 H 10-Dec-19
ADANITRANS 339.3 H 11-Dec-19 KOTAKBANK 1719 H 12-Dec-19
SHK 103.95 L 11-Dec-19 PFIZER 4375 H 4-Dec-19
INOXLEISUR 376 H 11-Apr-19 RELIANCE 1590 H 2-Dec-19
NAUKRI 2688.9 H 18-Nov-19 INDOSTAR 167.55 L 10-Dec-19
INCREASE IN OPEN INTEREST
Symbol Expiry Date Last Price Chg (Rs) Chg (%) Open Interest Change in OI Change in OI (%)
IDEA 26-Dec-19 6.95 0.15 2.21% 447692000 6104000 124.66%
IDFCFIRSTB 26-Dec-19 43.7 0.4 0.92% 177564000 -5712000 58.98%
DISHTV 26-Dec-19 13.55 0 0.00% 115066000 -1316000 1.41%
ITC 26-Dec-19 242.15 2.5 1.04% 108607200 -187200 7.51%
ICICIBANK 26-Dec-19 539.25 2.15 0.40% 104832750 -1095875 32.97%
DECREASE IN OPEN INTEREST
Symbol Expiry Date Last Price Chg (Rs) Chg (%) Open Interest Change in OI Change in OI (%)
MRF 26-Dec-19 64183.6 1186.6 1.88% 17140 -140 235.45%
BOSCHLTD 26-Dec-19 15265.75 230.6 1.53% 127080 240 119.01%
PAGEIND 26-Dec-19 22338.75 317.7 1.44% 129750 -25 64.29%
SHREECEM 26-Dec-19 20414.5 292.2 1.45% 130300 1650 77.71%
TORNTPHARM 26-Dec-19 1870.7 4.55 0.24% 267000 -9500 5.03%
INCREASE IN OI IN CALLS
Symbol Expiry Date Option Type Strike Price Last Price Turnover Premium (Lacs Open Interest Value of Underlying
TCS 26-Dec-19 CE 2100 26.5 573.43 5,44,500 2070
TATAMOTORS 26-Dec-19 CE 200 1.2 497.54 59,97,000 176.8
LT 26-Dec-19 CE 1300 31.95 910.44 7,69,875 1306
TATAMOTORS 26-Dec-19 CE 180 6 1920.56 72,84,000 176.8
RELIANCE 26-Dec-19 CE 1600 25 973.32 18,26,000 1584.05
INCREASE IN OI IN PUTS
Symbol Expiry
Date
Option
Type
Strike
Price
Last
Price Turnover Premium (Lacs
Open
Interest Value of Underlying
TCS 26-Dec-19 PE 2000 14.05 254.1 3,87,000 2070
SBIN 26-Dec-19 PE 320 3.6 562.42 41,97,000 333.15
TATAMOTORS 26-Dec-19 PE 170 3.7 398.58 20,22,000 176.8
RELIANCE 26-Dec-19 PE 1560 16.75 307.65 8,17,500 1584.05
AXISBANK 26-Dec-19 PE 720 4.25 258.75 9,19,200 752.25
LEVELS FOR NIFTY STOCKS
Security Name HBP 2R 1R CLOSE ATP 1S 2S LBP Up/Down
ADANIPORTS 389.40 385.15 381.05 376.95 376.80 372.70 368.45 364.35 UP
AMBUJACEM 205.98 202.67 200.28 197.90 196.97 194.58 191.27 188.88 UP
ASIANPAINT 1778.07 1767.88 1755.92 1743.95 1745.73 1733.77 1723.58 1711.62 DOWN
AUROPHARMA 466.70 459.65 454.50 449.35 447.45 442.30 435.25 430.10 UP
AXISBANK 792.75 773.80 762.90 752.00 743.95 733.05 714.10 703.20 UP
BAJAJ-AUTO 3319.77 3297.33 3265.12 3232.90 3242.68 3210.47 3188.03 3155.82 DOWN
BAJFINANCE 4141.92 4115.58 4093.77 4071.95 4067.43 4045.62 4019.28 3997.47 UP
BPCL 517.57 509.18 502.97 496.75 494.58 488.37 479.98 473.77 UP
BHARTIARTL 451.70 446.20 437.00 427.80 431.50 422.30 416.80 407.60 DOWN
INFRATEL 267.62 262.03 257.22 252.40 251.63 246.82 241.23 236.42 UP
BOSCHLTD 16063.83 15806.92 15502.43 15197.95 15245.52 14941.03 14684.12 14379.63 DOWN
CIPLA 473.70 469.35 465.30 461.25 460.95 456.90 452.55 448.50 UP
COALINDIA 203.93 200.42 198.33 196.25 194.82 192.73 189.22 187.13 UP
DRREDDY 2959.75 2912.70 2867.10 2821.50 2820.05 2774.45 2727.40 2681.80 UP
EICHERMOT 23005.83 22732.42 22383.58 22034.75 22110.17 21761.33 21487.92 21139.08 DOWN
GAIL 123.50 122.20 121.00 119.80 119.70 118.50 117.20 116.00 UP
HCLTECH 554.70 549.85 546.50 543.15 541.65 538.30 533.45 530.10 UP
HDFC 2422.12 2394.03 2374.27 2354.50 2346.18 2326.42 2298.33 2278.57 UP
HDFCBANK 1284.15 1278.25 1271.05 1263.85 1265.15 1257.95 1252.05 1244.85 DOWN
HEROMOTOCO 2396.83 2377.92 2358.03 2338.15 2339.12 2319.23 2300.32 2280.43 DOWN
HINDPETRO 275.07 271.93 269.67 267.40 266.53 264.27 261.13 258.87 UP
HINDALCO 213.43 211.22 209.73 208.25 207.52 206.03 203.82 202.33 UP
HINDUNILVR 2044.13 2034.07 2020.13 2006.20 2010.07 1996.13 1986.07 1972.13 DOWN
ICICIBANK 548.43 545.62 541.33 537.05 538.52 534.23 531.42 527.13 DOWN
IBULHSGFIN 342.23 328.82 318.93 309.05 305.52 295.63 282.22 272.33 UP
IOC 131.53 130.62 129.43 128.25 128.52 127.33 126.42 125.23 DOWN
INDUSINDBK 1547.18 1520.57 1502.98 1485.40 1476.37 1458.78 1432.17 1414.58 UP
INFY 728.57 720.73 716.02 711.30 708.18 703.47 695.63 690.92 UP
ITC 246.30 244.40 243.00 241.60 241.10 239.70 237.80 236.40 UP
JSWSTEEL 271.67 268.03 262.82 257.60 259.18 253.97 250.33 245.12 DOWN
KOTAKBANK 1743.83 1731.42 1712.08 1692.75 1699.67 1680.33 1667.92 1648.58 DOWN
LT 1336.47 1322.23 1313.77 1305.30 1299.53 1291.07 1276.83 1268.37 UP
M&M 530.47 526.63 521.42 516.20 517.58 512.37 508.53 503.32 DOWN
MARUTI 7518.10 7383.55 7299.25 7214.95 7164.70 7080.40 6945.85 6861.55 UP
NTPC 118.02 117.08 116.37 115.65 115.43 114.72 113.78 113.07 UP
ONGC 128.75 128.10 127.30 126.50 126.65 125.85 125.20 124.40 DOWN
POWERGRID 189.72 188.63 187.17 185.70 186.08 184.62 183.53 182.07 DOWN
RELIANCE 1608.73 1599.37 1591.13 1582.90 1581.77 1573.53 1564.17 1555.93 UP
SBIN 344.12 338.78 335.67 332.55 330.33 327.22 321.88 318.77 UP
SUNPHARMA 461.87 451.88 445.57 439.25 435.58 429.27 419.28 412.97 UP
TATAMOTORS 190.38 187.17 181.93 176.70 178.72 173.48 170.27 165.03 DOWN
TATASTEEL 445.33 439.97 434.18 428.40 428.82 423.03 417.67 411.88 DOWN
TCS 2167.17 2122.28 2096.77 2071.25 2051.88 2026.37 1981.48 1955.97 UP
TECHM 783.48 773.72 767.78 761.85 758.02 752.08 742.32 736.38 UP
ULTRACEMCO 4208.23 4149.87 4116.23 4082.60 4057.87 4024.23 3965.87 3932.23 UP
UPL 588.83 583.47 574.23 565.00 568.87 559.63 554.27 545.03 DOWN
VEDL 153.97 152.33 150.87 149.40 149.23 147.77 146.13 144.67 UP
WIPRO 250.65 247.75 245.80 243.85 242.90 240.95 238.05 236.10 UP
YESBANK 49.98 48.82 47.73 46.65 46.57 45.48 44.32 43.23 UP
ZEEL 292.88 289.57 284.63 279.70 281.32 276.38 273.07 268.13 DOWN
NEXT WEEK MAJOR ECONOMIC EVENTS
Time Cur. Imp. Event Forecast Previous
Monday, December 16, 2019
All Day Holiday South Africa - Day of Reconciliation
7:30:00 AM CNY Industrial Production (YoY) (Nov) 5.00% 4.70%
2:00:00 PM EUR German Manufacturing PMI (Dec) 44.5 44.1
12:00:00 PM INR WPI Food (YoY) (Nov) 9.80%
12:00:00 PM INR WPI Fuel (YoY) (Nov) -8.27%
12:00:00 PM INR WPI Inflation (YoY) (Nov) 0.74% 0.16%
12:00:00 PM INR WPI Manufacturing Inflation (YoY) (Nov) -0.84%
3:00:00 PM GBP Composite PMI 49.3
3:00:00 PM GBP Manufacturing PMI 48.9
3:00:00 PM GBP Services PMI 49.3
Tuesday, December 17, 2019
6:00:00 AM AUD RBA Meeting Minutes
3:00:00 PM GBP Average Earnings Index +Bonus (Oct) 3.40% 3.60%
3:00:00 PM GBP Claimant Count Change (Nov) 21.3K 33.0K
5:30:00 PM BRL BCB Copom Meeting Minutes
7:00:00 PM USD Building Permits (Nov) 1.400M 1.461M
8:30:00 PM USD JOLTs Job Openings (Oct) 7.024M
Wednesday, December 18, 2019
2:30:00 PM EUR German Ifo Business Climate Index (Dec) 95.5 95
3:00:00 PM GBP CPI (YoY) (Nov) 1.40% 1.50%
3:30:00 PM EUR CPI (YoY) (Nov) 1.00% 0.70%
7:00:00 PM CAD Core CPI (MoM) (Nov) 0.40%
9:00:00 PM USD Crude Oil Inventories 0.822M
Thursday, December 19, 2019
3:15:00 AM NZD GDP (QoQ) (Q3) 0.40% 0.50%
6:00:00 AM AUD Employment Change (Nov) 14.0K -19.0K
12:00:00 PM JPY BoJ Press Conference
3:00:00 PM GBP Retail Sales (MoM) (Nov) 0.30% -0.10%
Tentative INR RBI MPC Meeting Minutes
5:00:00 PM INR M3 Money Supply 9.80%
5:30:00 PM GBP BoE Interest Rate Decision (Dec) 0.75% 0.75%
5:30:00 PM GBP BoE MPC Meeting Minutes
7:00:00 PM USD Philadelphia Fed Manufacturing Index (Dec) 8 10.4
8:30:00 PM USD Existing Home Sales (Nov) 5.45M 5.46M
Friday, December 20, 2019
7:00:00 AM CNY PBoC Loan Prime Rate 4.15%
3:00:00 PM GBP GDP (YoY) (Q3) 1.00% 1.00%
3:00:00 PM GBP GDP (QoQ) (Q3) 0.30% 0.30%
5:00:00 PM INR Bank Loan Growth 8.00%
5:00:00 PM INR Deposit Growth 9.70%
7:00:00 PM USD GDP (QoQ) (Q3) 2.10% 2.00%
7:00:00 PM CAD Core Retail Sales (MoM) (Oct) 0.30% 0.20%
COPRPORATE ACTION
Symbol Series Face
Value(Rs.) Purpose Ex-Date
Record
Date
BC Start
Date
BC End
Date
BEDMUTHA
EQ
10 Annual General Meeting 16-Dec-19 - 43817 24-Dec-19
ALOKTEXT EQ
10 Annual General Meeting 16-Dec-19 - 43817 24-Dec-19
684GS2022
GS
100 Interest Payment 17-Dec-19 18-Dec-19 - -
773GS2034
GS
100 Interest Payment 17-Dec-19 18-Dec-19 - -
BINANIIND
EQ
10 Annual General Meeting 18-Dec-19 - 43819 27-Dec-19
ONELIFECAP
EQ
10 Annual General Meeting 18-Dec-19 - 43819 26-Dec-19
SANWARIA EQ
1 Annual General Meeting 18-Dec-19 - 43819 26-Dec-19
IBVENTURES
EQ
2 Buy Back 18-Dec-19 19-Dec-19 - -
BOROSIL EQ
1 AGM/Dividend - Rs 0.65 Per Share 18-Dec-19 - 43819 26-Dec-19
813GS2045
GS
100 Interest Payment 19-Dec-19 21-Dec-19 - -
735GS2024
GS
100 Interest Payment 19-Dec-19 21-Dec-19 - -
ASHAPURMIN EQ
2 Annual General Meeting 19-Dec-19 - 43820 27-Dec-19
UVSL
EQ
1 Annual General Meeting 19-Dec-19 - 43820 27-Dec-19
SUPREMEINF EQ
10 Annual General Meeting 19-Dec-19 - 43822 30-Dec-19
ORCHIDPHAR
EQ
10 Annual General Meeting 19-Dec-19 - 43822 30-Dec-19
ITI
EQ
10 Annual General Meeting 19-Dec-19 - 43820 27-Dec-19
INFRATEL
EQ
10 Interim Dividend - Rs 2.75 Per Share 19-Dec-19 20-Dec-19 - -
HEXATRADEX
EQ
2 Extra Ordinary General Meeting 19-Dec-19 - 43820 26-Dec-19
VIDEOIND EQ
10 Annual General Meeting 19-Dec-19 - 43822 30-Dec-19
923GS2043
GS
100 Interest Payment 19-Dec-19 21-Dec-19 - -
PRIMARY MARKET UPDATES
MCX OPTION STRATEGY
CRUDE OIL : Sell Jan. Put option strike of 4000 at CMP 51 and in range of 4190 and 4150.
Maximum Profit : Put Premium
Maximum loss : Unlimited
Stop Loss : Exit in Put option if Crude oil price goes below 4050.
TECHNICAL PICKS – COMMODITY
MCX LEAD DEC (SELL):
Lead has made a lower top formation and
closed below 20 DEMA of 153.70. Traders can
sell or sell on bounce with SL 154 for a target of
151 TO 149.
CMP : 152.25
TARGET : 151/149
STOP LOSS : 154
Company Issue Size (Cr)
Open
Close Offer Price (Rs)
Prince Pipes and Fittings Limited 500 18 DEC 2019 20 DEC 2019 177 - 178
TECHNICAL PICKS – EQUITIES
CONCOR (BUY):
The stock trading in upwards sloping channel and
consolidate above previous high. Currently the stock
is trading above close to all short & long term
moving averages (20, 50,100 &200) and can test
620/640 mark.
CMP : 577
TARGET : 620
STOP LOSS : 555
WABACOINDIA (BUY):
The stock has given breakout ofrounding bottom
pattern on daily chart. Currently the stock is trading
above all long term & short term moving average
(20, 50 & 100), can test 6570/6600 mark
CMP : 6336
TARGET : 6600
STOP LOSS : 6250
Address:
4th
Floor, Baid House, 1, Tara Nagar,
Ajmer Road, Jaipur - 302006,
Tel. Ph. 0141- 4050515
Email- [email protected]
SEBI Reg. No. : INB 231248536/ INB 011248532/INE 261248536 NSE Code No. : 12485, BSE Code No. : 6284, MCXSX Code No.: 47000, FMC Reg. No. : NCDEX/TCM/Corp/0278,
NCDEX TM ID: 00142, FMC Reg. No. : MCX/TCM/Corp/0853, MCX TM ID: 10790
------------------------------------------------------------------------------------------------------------------------------------------------------- Disclaimer:
This Document has been prepared by Tradeswift Broking Pvt. Ltd., for use by the recipient only and not for circulation. The information and opinions contained in the document
have been complied from sources believed to be reliable. Tradeswift Broking Pvt. Ltd., does not warrant its accuracy, completeness and correctness.This report is for your guidance
only. Tradeswift Broking Pvt. Ltd. Or any of its director/employee/signatories or any other person will not be responsible for any trade done based on the report mentioned above.
Tradeswift Broking Pvt. Ltd has no personal trading interest in any of the scrips detailed above. Trading in commodities is facilitated through associate companies : Tradeswift
Commodities Private Limited (NCDEX) and Tradeswift Derivatives Private Limited (MCX)
Commodity MonthPrice as on
13.12.2019Strategy Resistance Support Technical Comments
Chana Jan 4387
Buy around
sup. Level and
sell around res.
Level
4430/4490 4330/4250
It has made a lower top formation and closed below 20 DEMA of
4420. Traderscan sell on rise with SL 4430. Closes above this level it
can go up to around 4490 to 4550. It can also correct from these
levels. Traders can also buy on correction with SL 4330. Closes below
this level it can correct up to around 4250 to 4210.
Guar Gum Jan 7183
Sell on rise and
buy near
support levels
7320/7450 7090/6930
It has made a lower top formation and closed below 20 DEMA of
7470. Traders can sell on bounce near resistance levels with near SL
of 7320. Above this level it can go up to around 7450 to 7470. It can
also correct from these levels. Near support levels it can give some
bounce.
Guar Seed Jan 3972
Sell on rise and
buy near
support levels
4030/4090 3930/3890
It has made a lower top formation and closed below 20 DEMA of
4090. Traders can sell on bounce near resistance levels with SL 4030.
Above this level it can go up to around 4090. It can also correct from
these levels. Near support levels it can give some bounce.
Jeera Jan 15815
Sell on rise and
buy near
support levels
16050/16250 15800/15500
It has made a lower top formation and closed below 20 DEMA of
15990. Traders can sell on rise with SL 16050. Closes above this level
it can go up to around 16250 to 16500. It can also correct from these
levels. It can also bounce from support levels.
Agri Commodities
Soyabean Jan 4208
Buy around
sup. Level and
sell around res.
Level
4250/4290 4170/4110
It has made a higher bottom formation and closed above 20 DEMA of
4110. Traders can buy on declines with near SL of 4170. Below this
level it can correct up to around 4110. It can also bounce from this
level. Near resistance levels it can give some correction.
RMSeed Jan 4475
Buy around
sup. Level and
sell around res.
Level
4510/4550 4420/4370
It has made a higher bottom formation and closed above 20 DEMA of
4375. Traders can buy on declines with near SL of 4420. Below this
level it can correct up to around 4370. It can also bounce from this
level. Near resistance levels it can give some correction.
Soya Oil Ref. Jan 865
Buy around
sup. Level and
sell around res.
Level
875/880 850/830
It has made a higher bottom formation and closed above 20 DEMA of
832. Traders can buy on declines with SL of 850. Below this level it
can correct up to around 830. It can also bounce from this level. Near
resistance levels it can give some correction.
Cocud(N) Jan 2059
Buy around
sup. Level and
sell around res.
Level
2090/2110 2030/1990
It has made a higher bottom formation and closed above 20 DEMA of
2040. Traders can buy on declines with SL 2030. Below this level it
can correct up to around 1990 to 1960. It can also bounce from these
levels. It can also correct from resistance levels.
Dhania Jan 6540
Buy around
sup. Level and
sell around res.
Level
6650/6850 6450/6350
It has made a lower top formation and closed below 20 DEMA of
6650. Traders can sell on rise with SL 6670. Closes above this level it
can go up to around 6850. It can also correct these resistance levels.
It can also bounce from support levels.
TMC March 6184
Buy around
sup. Level and
sell around res.
Level
6320/6390 6110/6050
It has made a higher bottom formation and closed above 20 DEMA of
6050. Traders can buy on declines with SL 6030. Below this level it
can correct up to around 5930. Traders can sell on bounce near
resistance levels and consider near resistance levels as SL.
Mentha oil (MCX) Dec 1307
Buy around
sup. Level and
sell around res.
Level
1330/1350 1290/1270
It has made a higher bottom formation and closed above 20 DEMA of
1292. Traders can buy on declines with SL 1290. Below this level it
can correct up to around 1270. It can also bounce from this level. It
can also correct from resistance levels.
CPO (MCX) Dec 723
Buy around
sup. Level and
sell around res.
Level
730/740 710/690
It has made a higher bottom formation and closed above 20 DEMA of
687. Traders can buy on declines with SL 710. Below this level it can
correct up to around 690. It can also bounce from this level. Near
resistance levels it can give some correction.
Cardamom Jan 2906
Buy around
sup. Level and
sell around res.
Level
2950/3050 2750/2590
It has made a high of 3120 and given a correction up to 2906. Traders
can buy on correction near support levels and consider support level
as SL. Traders can sell on bounce near resistance levels and consider
near resistance levels as SL.
Commodity MonthPrice as on
13.12.2019Strategy Resistance Support Technical Comments
Gold Feb 37773
Buy around
support level
and sell near
resistance
levels
37900/3805037500/
37300
Gold has made a lower top formation and closed below 20 DEMA of
37865. Traders can sell on rise with SL 38100. Above this level it can go up
to around 38300 to 38500. It can also correct from these levels. Near
support levels it can give some bounce.
Silver March 44125
Buy around
support level
and sell near
resistance
levels
44500/4470043700/
43300
Silver has made a lower top formation and closed below 20 DEMA of
44550. Traders can sell on bounce near resistance levels with SL 44700.
Above this level it can go up to around 45050 to 45200. It can also correct
from these levels. Near support levels it can give some bounce.
Copper Dec 438
Buy around
support level
and sell near
resistance
levels
445/450 435/432
Copper has made a higher bottom formation and closed above 20 DEMA
of 437. Traders can buy on declines with SL 437. If trades below this level
it can correct up to around 432. It can also bounce this level. Near
resistance levels it can give some correction.
Aluminum Dec 132.95
Buy around
support level
and sell near
resistance
levels
135/137 132/130
It has made a higher bottom formation and closed above 20 DEMA of
132.50. Traders can buy on declines with SL 132. Closes below this level it
can correct up to around 130. It can also bounce from this level. It can
also correct from resistance levels.
Non - Agri Commodities
Lead Dec 152.25
Sell on rise and
buy near
support levels
155/156 151/149
It has made a lower top formation and closed below 20 DEMA of 153.70.
Traders can sell on rise with SL 155. Closes above this level it can go up to
around 157 to 159. It can also correct from this level. It can also bounce
from support levels.
Zinc Dec 181.6
Sell on rise and
buy near
support levels
184/185 180/178
It has made a lower top formation and closed below 20 DEMA of 185.
Traders can sell on rise with near SL of 185. Above this level it can go up
to around 187 to 189. It can also correct from these level. It can also
bounce from support levels.
Nickel Dec 1032
Buy around
support level
and sell near
resistance
levels
1050/1060 1010/990
It has made a low of 961 and given a sharp bounce up to 1035. Its 200
DEMA resistance is at 1050. Traders can sell on bounce near resistance
levels and consider near resistance levels as SL. Traders can also buy on
correction near support level and consider near support level as SL.
Crude Oil Jan 4245
Buy on declines
and sell near
resistance
levels
4290/4350 4150/4050
Crude oil has made a higher bottom formation and closed above 20
DEMA of 4150. Trades can buy on declines with near SL of 4150. Below
this level it can correct up to around 4070 to 4050. It can also bounce
from these levels. Near resistance levels it can give some correction.
Natural Gas Dec 162
Sell on rise and
buy near
support levels
167/175 159/155
It has made a lower top formation and closed below 20 DEMA of 173.
Traders can sell on rise with near SL of 167. Closes above this level it can
go up to around 173 to 175. It can also correct from this level. It can also
bounce from support levels.