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Market Outlook

The Week That Was

Week Ahead

Local stocks ended with strong gains in the week gone on sustained buying

across sectors. The Sensex regained the 39,000 mark. The secondary indices

outperformed the key benchmark indices. Stocks gained on foreign investor

buying, progress in US-China trade talks and deal being reached on Brexit.

In the week ended on Friday, 18 October 2019, the Sensex rose 1,171.30

points or 3.07% to settle at 39,298.38. The Nifty 50 index rose 360.60 points

or 3.19% to settle at 11,661.85.

The BSE Mid-Cap index rose 639.26 points or 4.64% to settle at 14,420.25.

The BSE Small-Cap index rose 354.76 points or 2.78% to settle at 13,126.83.

Key benchmark indices ended with decent gains on Monday, 14 October

2019. Domestic shares tracked strength in other Asian stock markets which

rose after progress on US-China trade talks. The barometer index, the BSE

Sensex, rose 87.39 points or 0.23% to 38,214.47. The Nifty 50 index rose

36.10 points or 0.32% to 11,341.15.

On the domestic macro front, the Wholesale Price Index (WPI)-based

inflation, base year 2011-12, dipped further down to 39-months low of

0.3% in September 2019 from 1.1% in August 2019. The WPI based inflation

has been moderating consistently for last five straight months from 3.2% in

April 2019. The data was unveiled during trading hours on Monday, 14

October 2019.

The general consumer price index (CPI) inflation rose to 3.99% in

September 2019, compared with 3.28% in August 2019. The corresponding

provisional inflation rate for rural area was 3.24% and urban area 4.78% in

September 2019 as against 2.25% and 4.49% in August 2019 .

India's industrial production (IIP) declined 1.1% in August 2019, while

snapping consistent growth for last 25 straight months. Also, the pace of

decline in industrial production was highest in August 2019 for 2011-12

base year data. As per the revised data for industrial production of July 2019,

the growth is higher at 4.6% compared with 4.3% growth reported

provisionally. The data was announced after market hours on Friday, 11

October 2019.

Meanwhile, the World Bank cut its economic growth forecast for India to

6% for the current fiscal from its April projection of 7.5%, citing a broad-

based and severe cyclical slowdown. Growth is expected to gradually

recover to 6.9% in 2020-21 and to 7.2% the following year, the bank said in

its South Asian Economic Focus report released on Sunday. India's cyclical

slowdown is severe, the bank noted.

Moody's Investors Service on Thursday, 10 October 2019, cut India's gross

domestic product (GDP) growth forecast for 2019-20 to 5.8% from the

earlier estimate of 6.2%. It attributed the deceleration to an investment-led

slowdown that has broadened into consumption, driven by financial stress

among rural households and weak job creation. It expects growth to pick up

to 6.6% in FY21 and around 7% over the medium term.

Corporate earnings to be watched

Financial results of India Inc for the quarter ended 30 September 2019 will

be closely watched in the truncated trading week ahead. Domestic stock

markets will remain closed on Monday, 21 October 2019 on account of

Assembly Elections in Maharashtra.

Macroeconomic data, trend in global markets, the movement of rupee

against the dollar and crude oil price movement, inflows from foreign

portfolio investors (FPIs) and domestic institutional investors (DIIs) will also

be closely watched.

Among key results, HDFC Bank will declare its quarterly result on 19

October 2019.

Bharti Infratel, Hindustan Zinc and UltraTech Cement will announce their

quarterly results on 21 October 2019.

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Sensex Outlook (39298) During the last week Sensex has broken trend line resistance of 38513 and given a sharp breakout up to 39361. Its immediate support is likely to be seen around 38800 to 38500 for next week.

Its resistance is likely to be seen around 39500 and 39900 for next week.

Nifty Outlook (11662)

Bank Nifty Outlook (29120 )

USDINR Outlook (71.21 )

EURINR Outlook (79.32 )

Dollar Index Outlook (97 )

Markets ended the week with smart gains as benchmark index Nifty has closed higher for the sixth consecutive session. During the last week Nifty has broken trend line resistance of 11420

and given a sharp breakout up to 11685. Its immediate support is likely to be seen around 11520 to 11420 for next week. Its resistance is likely to be seen around 11730 and 11800 for next week.

Bank Nifty has moved above previous swing high on the daily chart. The rise in price was backed by decent increase in volume. During the last week Nifty has broken trend line resistance

of 28760 and given a sharp breakout up to 29250. Its immediate support is likely to be seen around 28800 to 28500 for next week. Its resistance is likely to be seen around 29750 and 30350 for next week.

During the last week USDINR has made a lower top formation and closed below 20 DEMA of 71.27. Its immediate support is likely to be seen around 70.90 and 70.50 for next week. Its

resistance is likely to be seen around 71.50 and 71.90 for next week.

During the last week EURINR has made a higher bottom formation and closed above 20 DEMA of 79.10. Its immediate support is likely to be seen around 78.90 and 78.50 for next week. Its

resistance is likely to be seen around 79.90 and 80.50 for next week.

During the last week DX has made a lower top formation and closed below 20 DEMA of 97.15. Its immediate support is likely to be seen around 96.50 and 96.10 for next week. Its resistance

is likely to be seen around 97.50 and 98.10 for next week. .

Weekly Newsletter | 20 Oct - 26 Oct, 2019th th

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

12103.05

10004.55

11305.05

40312.07

33291.58

38127.08Close

nitialublicffering

IPO

Equities Commodities Demat IPOs ResearchMutualCurrencies Training AlgorithmicMobile Wealth

Asian Paints, Axis Bank, Bajaj Finance, Bajaj Finserv and Kotak Mahindra

Bank will unveil their quarterly results on 22 October 2019.

Bajaj Auto, HCL Technologies, Hero MotoCorp and Larsen & Toubro will

declare their quarterly results on 23 October 2019.

ITC and Maruti Suzuki India will announce their quarterly results on 24

October 2019.

State Bank of India will declare its quarterly result on 25 October 2019.

On the macro front, the Reserve Bank of India (RBI) will after market hours

on Friday, 18 October 2019 announce the minutes of its fourth bi-monthly

monetary policy review meeting held on 4 October 2019.

In the Euro area, the Consumer Confidence flash for October 2019 will be

unveiled on 23 October 2019.

The Euro Area Markit Manufacturing PMI Flash for October 2019 will be

unveiled on 24 October 2019. The Euro Area Markit Services PMI Flash for

October 2019 will also be unveiled on the same day.

The European Central Bank (ECB) interest rate decision will be announced

on 24 October 2019.

In United States, the Markit Manufacturing PMI Flash for October 2019 will

be unveiled on 24 October 2019. The Markit Services PMI Flash for October

2019 will also be unveiled on the same day.

The International Monetary Fund (IMF) has reduced India's growth forecast

for FY20 by 90 basis points to 6.1%, down from the 7% estimated in July.

Meanwhile, the growth forecast for FY21, which stood at 7.2% in July, was

slashed by 20 bps to 7%.

The downward revision in India's growth forecast by the IMF reflects a

weaker-than-expected outlook for domestic demand. Monetary policy

easing and the recent corporate tax rate cuts are to support growth with a

lag, the IMF said. Government programs to support rural consumption will

also aid growth, it added.

Overseas, the US on Monday, 14 October 2019 agreed to postpone an

increase in tariffs from 25% to 30% on at least $250 billion of Chinese goods,

which had been scheduled for Tuesday, 15 October 2019. However, customs

data showed that China's import and export figures were worse than

expected in September, with exports falling 3.2% on the year in US dollar

terms, while imports declined 8.5%.

US Federal Reserve announced that it would buy $60 billion of Treasury bills

every month at least into the second-quarter, starting from next week. The

central bank also said it would conduct overnight repurchase agreements

at least through January of next year in order to reduce pressures in funding

markets.

On Wednesday, 16 October 2019, South Korea's central bank cut its interest

rate for the second time in three months on Wednesday, following its first

cut in July.

The news of Brexit deal came on Thursday, 17 October 2019. European

Commission President Jean-Claude Juncker said the deal was a "fair and

balanced" one. British Prime Minister Boris Johnson now goes to Brussels

for a two-day summit with EU leaders. The prospective deal will need

approval from British lawmakers in parliament at the weekend.

On Friday, 18 October 2019, China's Gross domestic product (GDP)

expanded 6% in third quarter ended September 2019, compared with 6.2%

in the second quarter. The Chinese economy grew at 6.6% in 2018. China

posted its weakest growth in nearly three decades. However, the Industrial

Production rose 5.8% year-on-year in September, after growth of 4.4% in

August. Meanwhile, consumer spending, as represented by retail sales,

rose 7.8% year-on-year in September.

US industrial production fell by 0.4% in September after climbing by an

upwardly revised 0.8% in August, the Federal Reserve released a report on

Thursday.

USDINR 71.21 0.08 %

EURINR 79.32 0.78 %

Currency Update

CMP Net ChangeCurrency

Week 3213.17 2156.61.

Month (Oct) -71.86 6789.18

Institutional Activity (Cr.)

FII DII

Year (2019) 14807.07 68503.66

- - -

- - -

Date Price Band

Primary Market Update

Company

11000

11050

11100

11150

11200

11250

11300

11350

CLOSE

16.60

16.80

17.00

17.20

17.40

17.60

17.80

18.00

CLOSE

Nifty

VIX

FII/DII (Cr)

-800

-600

-400

-200

0

200

400

600

800

1000 FII

CLOSE37200

37400

37600

37800

38000

38200

38400

CLOSE

CASH MARKET DATA

Sensex

Turnover (Rs. Cr.)

Advance/Decline

FII DII

0

200

400

600

800

1000

1200

0

5000

10000

15000

20000

25000

30000

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40000

CLOSE

Sensex

Turnover (Rs. Cr.)

Advance/Decline

ADVANCE DECLINE

NSE

3

3.1

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4

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 %

11-Oct-19 10-Oct-19 3-Oct-19 9-Sep-19 3-Oct-18

Broad Market Indices :

NIFTY 50 11305.05 11234.55 0.63% 11314.00 -0.08% 11003.05 2.74% 10858.25 4.11%

NIFTY NEXT 50 26598.60 26492.85 0.40% 27023.20 -1.57% 26141.00 1.75% 26959.35 -1.34%

NIFTY 100 11412.95 11345.00 0.60% 11444.80 -0.28% 11122.95 2.61% 11045.80 3.32%

NIFTY 200 5805.45 5773.75 0.55% 5826.00 -0.35% 5682.40 2.17% 5695.65 1.93%

NIFTY 500 9161.40 9112.75 0.53% 9198.40 -0.40% 8972.40 2.11% 9056.70 1.16%

NIFTY MIDCAP 50 4254.60 4255.15 -0.01% 4303.65 -1.14% 4314.85 -1.40% 4650.45 -8.51%

NIFTY MIDCAP 50 17.14 17.23 -0.51% 17.70 -3.18% 15.85 8.12% 18.12 -5.40%

Sectoral Indices :

NIFTY BANK 28042.50 28013.45 0.10% 28414.10 -1.31% 27504.65 1.96% 25069.90 11.86%

NIFTY AUTO 7397.05 7359.65 0.51% 7493.75 -1.29% 7165.35 3.23% 9375.30 -21.10%

NIFTY FIN SERVICE 12769.35 12721.80 0.37% 12847.75 -0.61% 12341.90 3.46% 10589.40 20.59%

NIFTY FMCG 30416.20 30147.20 0.89% 30791.00 -1.22% 28845.65 5.44% 29498.05 3.11%

NIFTY IT 15321.90 15093.80 1.51% 15277.95 0.29% 15919.40 -3.75% 15909.80 -3.70%

NIFTY MEDIA 1707.25 1712.35 -0.30% 1771.30 -3.62% 1912.05 -10.71% 2471.65 -30.93%

NIFTY METAL 2337.10 2283.35 2.35% 2326.55 0.45% 2360.05 -0.97% 3592.00 -34.94%

NIFTY PHARMA 7278.45 7235.60 0.59% 7461.75 -2.46% 8077.90 -9.90% 9950.90 -26.86%

NIFTY PSU BANK 2166.75 2151.75 0.70% 2209.25 -1.92% 2419.70 -10.45% 2785.70 -22.22%

NIFTY PVT BANK 15639.65 15640.55 -0.01% 15867.50 -1.44% 15309.00 2.16% 14015.95 11.58%

NIFTY REALTY 247.30 244.95 0.96% 251.20 -1.55% 256.00 -3.40% 216.20 14.38%

Strategy Indices :

NIFTY DIV OPPS 50 2515.60 2495.60 0.80% 2547.75 -1.26% 2515.05 0.02% 2686.20 -6.35%

NIFTY GROWSECT 15 5971.95 5938.50 0.56% 6057.45 -1.41% 5689.25 4.97% 6446.25 -7.36%

NIFTY50 VALUE 20 5290.30 5246.25 0.84% 5272.80 0.33% 5253.10 0.71% 5270.50 0.38%

NIFTY50 TR 2X LEV 5983.30 5909.90 1.24% 6002.20 -0.31% 5721.65 4.57% 5856.40 2.17%

NIFTY50 PR 2X LEV 4619.90 4563.25 1.24% 4634.50 -0.32% 4417.90 4.57% 4640.35 -0.44%

NIFTY50 TR 1X INV 360.40 362.65 -0.62% 359.95 0.13% 370.55 -2.74% 366.00 -1.53%

NIFTY50 PR 1X INV 410.15 412.65 -0.61% 409.60 0.13% 421.70 -2.74% 411.20 -0.26%

NIFTY50 DIV POINT 96.23 96.23 0.00% 96.23 0.00% 96.23 - 93.71 2.69%

Thematic Indices :

NIFTY COMMODITIES 3231.55 3206.10 0.79% 3254.75 -0.71% 3142.60 2.83% 3683.20 -12.26%

NIFTY CONSUMPTION 4891.75 4860.55 0.64% 4892.80 -0.02% 4651.35 5.17% 4694.40 4.20%

NIFTY CPSE 1904.20 1903.50 0.04% 1927.10 -1.19% 1945.20 -2.11% 2341.00 -18.66%

NIFTY ENERGY 15510.50 15579.30 -0.44% 15592.70 -0.53% 14617.85 6.11% 15371.05 0.91%

NIFTY INFRA 3176.30 3172.00 0.14% 3171.20 0.16% 3068.05 3.53% 2933.45 8.28%

NIFTY100 LIQ 15 3362.20 3336.25 0.78% 3383.00 -0.61% 3468.25 -3.06% 4040.95 -16.80%

NIFTY MID LIQ 15 3642.00 3632.00 0.28% 3684.60 -1.16% 3767.35 -3.33% 3879.20 -6.11%

NIFTY MNC 13308.40 13185.10 0.94% 13174.30 1.02% 12403.85 7.29% 13380.20 -0.54%

NIFTY PSE 3187.65 3189.20 -0.05% 3272.55 -2.59% 3149.35 1.22% 3629.50 -12.17%

NIFTY SERV SECTOR 15851.85 15746.85 0.67% 15883.60 -0.20% 15771.20 0.51% 14482.45 9.46%

WEEKLY CHANGE IN WORLD INDICES

Indices 11.10.2019 04.10.2019 Chg (Pts) % Chg

DOW JONES 26816.59 26573.72 242.87 0.91%

NASDAQ COMPOSITE 8057.03 7982.47 74.56 0.93%

FTSE 7247.08 7155.38 91.70 1.28%

NIKKEI 21798.87 21410.20 388.67 1.82%

BOVESPA 103831.90 102551.30 1280.60 1.25%

HANG SENG 26308.44 25821.03 487.41 1.89%

52 WEEKS HIGH/LOW ALL TIME HIGH/LOW

Scrip Rate H/L Prev H/L on Scrip Rate H/L Prev H/L on

KOTAKBANK 1625 H 26-Sep-19 MASFIN 699 H 1-Oct-19

TRENT 509.95 H 26-Sep-19 ASIANPAINT 1801.8 H 23-Sep-19

MAHSCOOTER 4545 H 17-Jun-19 ATUL 4050 H 12-Jun-19

RELIANCE 1365.6 H 5-Mar-19 BAJAJHLDNG 3611.9 H 28-Mar-19

SIEMENS 1595 H 10-Oct-19 BAJFINANCE 4015 H 30-Sep-19

GSKCONS 8620 H 23-Sep-19 BATAINDIA 1727.65 H 23-Sep-19

HONAUT 28930 H 23-Sep-19 HDFCLIFE 599.7 H 30-Sep-19

VOLTAS 683.5 H 23-Sep-19 HDFCBANK 1224 H 23-Sep-19

VSTIND 3790.95 H 29-Jul-19 HINDUNILVR 2016.9 H 23-Sep-19

RELCAPITAL 17.05 L 30-Mar-19 INFY 823.8 H 6-Sep-19

INCREASE IN OPEN INTEREST

Symbol Expiry Date Last Price Chg (Rs) Chg (%) Open Interest Change in OI Change in OI (%)

SBIN 31-Oct-19 250.8 -5 -1.95% 124359000 2715000 31.71%

PNB 31-Oct-19 58.05 -1.3 -2.19% 104902000 2926000 0.83%

ITC 31-Oct-19 258 -4.25 -1.62% 104407200 235200 21.31%

ADANIPOWER 31-Oct-19 60 -1.5 -2.44% 91040000 520000 26.47%

ICICIBANK 31-Oct-19 415.75 -13.75 -3.20% 83078875 -1163250 8.02%

DECREASE IN OPEN INTEREST

Symbol Expiry Date Last Price Chg (Rs) Chg (%) Open Interest Change in OI Change in OI (%)

MRF 31-Oct-19 61232.7 -691.4 -1.12% 19850 -210 -22.96%

BOSCHLTD 31-Oct-19 13293.1 -313.85 -2.31% 147300 90 -4.17%

EICHERMOT 31-Oct-19 18092.85 -293.15 -1.59% 331200 3125 -9.89%

MINDTREE 31-Oct-19 709.3 -11.4 -1.58% 1268400 11400 -1.98%

MGL 31-Oct-19 880.6 -16 -1.78% 1535400 -54000 -47.34%

INCREASE IN OI IN CALLS

Symbol Expiry Date Option Type Strike

Price

Last

Price Turnover Premium (Lacs Open Interest Value of Underlying

TCS 31-Oct-19 CE 2000 26.85 1177.53 6,50,000 1989

IBULHSGFIN 31-Oct-19 CE 200 33.05 2041.2 9,11,200 203.4

INDUSINDBK 31-Oct-19 CE 1300 35 1107.7 7,66,000 1227

YESBANK 31-Oct-19 CE 50 2.05 337.11 1,53,07,600 39.75

RELIANCE 31-Oct-19 CE 1400 21.35 807.54 17,18,500 1350.1

INCREASE IN OI IN PUTS

Symbol Expiry Date Option Type Strike Price Last Price Turnover Premium (Lacs Open Interest Value of Underlying

TCS 31-Oct-19 PE 1900 23.75 1167.49 4,51,000 1989

YESBANK 31-Oct-19 PE 35 2.75 475.05 61,86,400 39.75

INDUSINDBK 31-Oct-19 PE 1200 49 1290.91 4,01,200 1227

IBULHSGFIN 31-Oct-19 PE 160 15.5 920.31 6,06,400 203.4

RELIANCE 31-Oct-19 PE 1300 18.5 488.85 10,14,000 1350.1

LEVELS FOR NIFTY STOCKS

Security Name HBP 2R 1R CLOSE ATP 1S 2S LBP Up/Down

ADANIPORTS 428.58 419.42 414.23 409.05 405.07 399.88 390.72 385.53 UP

AMBUJACEM 194.92 192.83 191.02 189.20 188.93 187.12 185.03 183.22 UP

ASIANPAINT 1844.43 1823.12 1806.68 1790.25 1785.37 1768.93 1747.62 1731.18 UP

AUROPHARMA 489.00 477.55 458.25 438.95 446.80 427.50 416.05 396.75 DOWN

AXISBANK 700.73 693.37 683.03 672.70 675.67 665.33 657.97 647.63 DOWN

BAJAJ-AUTO 2962.80 2943.90 2921.35 2898.80 2902.45 2879.90 2861.00 2838.45 DOWN

BAJFINANCE 4107.13 4061.07 4017.13 3973.20 3971.07 3927.13 3881.07 3837.13 UP

BPCL 508.12 500.33 494.17 488.00 486.38 480.22 472.43 466.27 UP

BHARTIARTL 400.72 393.03 387.97 382.90 380.28 375.22 367.53 362.47 UP

INFRATEL 268.30 263.95 261.05 258.15 256.70 253.80 249.45 246.55 UP

BOSCHLTD 13718.57 13549.28 13340.82 13132.35 13171.53 12963.07 12793.78 12585.32 DOWN

CIPLA 513.17 478.08 459.72 441.35 424.63 406.27 371.18 352.82 UP

COALINDIA 196.12 193.18 191.12 189.05 188.18 186.12 183.18 181.12 UP

DRREDDY 2723.27 2691.13 2671.27 2651.40 2639.13 2619.27 2587.13 2567.27 UP

EICHERMOT 18849.10 18599.05 18400.10 18201.15 18150.05 17951.10 17701.05 17502.10 UP

GAIL 131.65 130.15 127.55 124.95 126.05 123.45 121.95 119.35 DOWN

HCLTECH 1139.00 1114.50 1097.00 1079.50 1072.50 1055.00 1030.50 1013.00 UP

HDFC 2075.60 2050.55 2030.35 2010.15 2005.30 1985.10 1960.05 1939.85 UP

HDFCBANK 1253.93 1238.97 1218.88 1198.80 1203.92 1183.83 1168.87 1148.78 DOWN

HEROMOTOCO 2699.70 2667.35 2632.60 2597.85 2600.25 2565.50 2533.15 2498.40 DOWN

HINDPETRO 326.08 320.02 314.23 308.45 308.17 302.38 296.32 290.53 UP

HINDALCO 195.73 192.47 189.83 187.20 186.57 183.93 180.67 178.03 UP

HINDUNILVR 2063.93 2040.42 2022.53 2004.65 1999.02 1981.13 1957.62 1939.73 UP

ICICIBANK 444.98 439.12 433.83 428.55 427.97 422.68 416.82 411.53 UP

IBULHSGFIN 267.93 242.97 226.43 209.90 201.47 184.93 159.97 143.43 UP

IOC 154.48 151.17 147.28 143.40 143.97 140.08 136.77 132.88 DOWN

INDUSINDBK 1316.92 1285.43 1254.32 1223.20 1222.83 1191.72 1160.23 1129.12 UP

INFY 880.73 852.27 833.53 814.80 805.07 786.33 757.87 739.13 UP

ITC 251.50 248.85 246.40 243.95 243.75 241.30 238.65 236.20 UP

JSWSTEEL 229.27 225.08 221.17 217.25 216.98 213.07 208.88 204.97 UP

KOTAKBANK 1666.57 1645.78 1616.77 1587.75 1595.98 1566.97 1546.18 1517.17 DOWN

LT 1474.87 1462.43 1445.07 1427.70 1432.63 1415.27 1402.83 1385.47 DOWN

M&M 591.77 583.03 571.57 560.10 562.83 551.37 542.63 531.17 DOWN

MARUTI 6830.87 6775.43 6737.17 6698.90 6681.73 6643.47 6588.03 6549.77 UP

NTPC 120.52 119.43 118.07 116.70 116.98 115.62 114.53 113.17 DOWN

ONGC 134.37 132.13 130.57 129.00 128.33 126.77 124.53 122.97 UP

POWERGRID 209.22 206.73 203.87 201.00 201.38 198.52 196.03 193.17 DOWN

RELIANCE 1395.67 1380.63 1366.62 1352.60 1351.58 1337.57 1322.53 1308.52 UP

SBIN 270.03 265.72 260.13 254.55 255.82 250.23 245.92 240.33 DOWN

SUNPHARMA 397.78 393.57 389.93 386.30 385.72 382.08 377.87 374.23 UP

TATAMOTORS 128.20 125.20 123.25 121.30 120.25 118.30 115.30 113.35 UP

TATASTEEL 354.08 348.27 343.63 339.00 337.82 333.18 327.37 322.73 UP

TCS 2082.90 2038.95 2012.90 1986.85 1968.95 1942.90 1898.95 1872.90 UP

TECHM 757.47 740.68 731.07 721.45 714.28 704.67 687.88 678.27 UP

ULTRACEMCO 4264.63 4182.27 4129.73 4077.20 4047.37 3994.83 3912.47 3859.93 UP

UPL 607.23 600.22 595.03 589.85 588.02 582.83 575.82 570.63 UP

VEDL 156.83 152.52 149.78 147.05 145.47 142.73 138.42 135.68 UP

WIPRO 244.97 242.68 241.07 239.45 238.78 237.17 234.88 233.27 UP

YESBANK 47.07 44.53 42.07 39.60 39.53 37.07 34.53 32.07 UP

ZEEL 263.75 256.50 249.50 242.50 242.25 235.25 228.00 221.00 UP

NEXT WEEK MAJOR ECONOMIC EVENTS

Time Cur. Imp. Event Forecast Previous

Monday, October 14, 2019

All Day Holiday Canada - Thanksgiving Day

All Day Holiday Japan - Health-Sports Day

12:00:00 PM INR WPI Food (YoY) (Sep) 7.67%

12:00:00 PM INR WPI Fuel (YoY) (Sep) -4.00%

12:00:00 PM INR WPI Inflation (YoY) (Sep) 0.90% 1.08%

12:00:00 PM INR WPI Manufacturing Inflation (YoY) (Sep) 0.00%

5:30:00 PM INR CPI (YoY) (Sep) 3.70% 3.21%

Tuesday, October 15, 2019

6:00:00 AM AUD RBA Meeting Minutes

2:00:00 PM GBP Average Earnings Index +Bonus (Aug) 3.90% 4.00%

2:00:00 PM GBP Claimant Count Change (Sep) 27.9K 28.2K

2:30:00 PM EUR German ZEW Economic Sentiment (Oct) -2730.00% -2250.00%

6:30:00 PM INR Trade Balance -12.85B -13.45B

Wednesday, October 16, 2019

3:15:00 AM NZD CPI (QoQ) (Q3) 0.60% 0.60%

2:00:00 PM GBP CPI (YoY) (Sep) 1.80% 1.70%

2:30:00 PM EUR CPI (YoY) (Sep) 0.90% 1.00%

6:00:00 PM USD Core Retail Sales (MoM) (Sep) 0.20% 0.00%

6:00:00 PM USD Retail Sales (MoM) (Sep) 0.30% 0.40%

6:00:00 PM CAD Core CPI (MoM) (Sep) -0.10%

8:00:00 PM USD Crude Oil Inventories 1.413M 2.927M

Thursday, October 17, 2019

6:00:00 AM AUD Employment Change (Sep) 15.0K 34.7K

2:00:00 PM GBP Retail Sales (MoM) (Sep) 0.10% -0.20%

6:00:00 PM USD Building Permits (Sep) 1.360M 1.425M

6:00:00 PM USD Philadelphia Fed Manufacturing Index (Oct) 800.00% 1200.00%

Friday, October 18, 2019

7:30:00 AM CNY GDP (YoY) (Q3) 6.10% 6.20%

7:30:00 AM CNY Industrial Production (YoY) (Sep) 5.00% 4.40%

5:00:00 PM INR FX Reserves, USD 437.83B

Tentative INR RBI MPC Meeting Minutes

COPRPORATE ACTION

Symbol Series Face

Value(Rs.) Purpose Ex-Date

Record

Date

BC Start

Date

BC End

Date

GOCLCORP EQ 2 Interim Dividend - Rs 2 Per Share 14-Oct-19 15-Oct-19 - -

737GS2023 GS 100 Interest Payment 14-Oct-19 15-Oct-19 - -

SATIA EQ 10 Face Value Split - From Rs 10/-To Re 1/- Per Share 15-Oct-19 16-Oct-19 - -

NIITLTD EQ 2 Buyback 17-Oct-19 18-Oct-19 - -

TCS EQ 1 Interim Dividend - Rs 5/Share & Sp. Dividend - Rs

40/Share 17-Oct-19 18-Oct-19 - -

STEELCITY EQ 10 Interim Dividend - Re 1 Per Share 17-Oct-19 18-Oct-19 - -

107GS2020 GS 100 Interest Payment 17-Oct-19 21-Oct-19 - -

RESULT CALENDAR

Symbol Result Date Symbol Result Date Symbol Result Date Symbol Result Date

Security Name Result Date ZFSTEERING 15-Oct-19 JAYBARMARU 17-Oct-19 SEL 18-Oct-19

ASAHISONG 14-Oct-19 BIRLAMONEY 16-Oct-19 LTI 17-Oct-19 SNL 18-Oct-19

DELTACORP 14-Oct-19 CHADPAP 16-Oct-19 MASTEK 17-Oct-19 STANROS 18-Oct-19

EARUM 14-Oct-19 DBCORP 16-Oct-19 PVR 17-Oct-19 SUNCLAYLTD 18-Oct-19

GTPL 14-Oct-19 DHRUVES 16-Oct-19 SHEMAROO 17-Oct-19 VISASTEEL 18-Oct-19

HINDUNILVR 14-Oct-19 EIMCOELECO 16-Oct-19 SOUTHBANK 17-Oct-19 VTMLTD 18-Oct-19

PRISMMEDI 14-Oct-19 FEDERALBNK 16-Oct-19 TVSMOTOR 17-Oct-19 3PLAND 19-Oct-19

PVVINFRA 14-Oct-19 HATHWAY 16-Oct-19 UNICK 17-Oct-19 AMJLAND 19-Oct-19

ACC 15-Oct-19 KOKUYOCMLN 16-Oct-19 ZEEL 17-Oct-19 AROGRANITE 19-Oct-19

ALICON 15-Oct-19 MINDTREE 16-Oct-19 AMBUJACEM 18-Oct-19 AVANTI 19-Oct-19

APOLLOTRI 15-Oct-19 MRO-TEK 16-Oct-19 BIOPAC 18-Oct-19 BEPL 19-Oct-19

DHANVARSHA 15-Oct-19 SPECMKT 16-Oct-19 CHOKSI 18-Oct-19 CHEMBOND 19-Oct-19

GUJHOTE 15-Oct-19 3IINFOTECH 17-Oct-19 DUNCANENG 18-Oct-19 DALBHARAT 19-Oct-19

ITHL 15-Oct-19 ADROITINFO 17-Oct-19 ENKEIWHEL 18-Oct-19 DCBBANK 19-Oct-19

KTKBANK 15-Oct-19 AMAL 17-Oct-19 ICICIGI 18-Oct-19 GAGAN 19-Oct-19

MCX 15-Oct-19 ASAL 17-Oct-19 KIRLFER 18-Oct-19 HDFCBANK 19-Oct-19

NETWORK18 15-Oct-19 CHENNPETRO 17-Oct-19 L&TFH 18-Oct-19 JASCH 19-Oct-19

PAISALO 15-Oct-19 CYIENT 17-Oct-19 LTTS 18-Oct-19 LICHSGFIN 19-Oct-19

RICHIRICH 15-Oct-19 DHFL 17-Oct-19 NATPLASTI 18-Oct-19 MBPARIKH 19-Oct-19

RIIL 15-Oct-19 FORCEMOT 17-Oct-19 PIONDIST 18-Oct-19 MENONBE 19-Oct-19

SBILIFE 15-Oct-19 FRONTCAP 17-Oct-19 RADHEDE 18-Oct-19 RAJGLOWIR 19-Oct-19

TV18BRDCST 15-Oct-19 HRYNSHP 17-Oct-19 RELIANCE 18-Oct-19 SHIVACEM 19-Oct-19

UTTAMSTL 15-Oct-19 INDCTST 17-Oct-19 SACHEMT 18-Oct-19 SIL 19-Oct-19

WIPRO 15-Oct-19 ISWL 17-Oct-19 SASKEN 18-Oct-19 SIYSIL 19-Oct-19

PRIMARY MARKET UPDATES

MCX OPTION STRATEGY

CRUDE OIL : Sell Oct. Call option strike of 4050 in range of 3900 to 3950 (CMP 28).

Maximum Profit : Call Premium

Maximum loss : Unlimited

Stop Loss : Exit in Call option if Crude oil price goes above 4050.

CRUDE OIL : Sell Oct. Put option strike of 3750 at CMP 39.

Maximum Profit : Put Premium

Maximum loss : Unlimited

Stop Loss : Exit in Put option if Crude oil price goes Below 3700.

TECHNICAL PICKS – COMMODITY

NCDEX SOYA OIL REF NOV (SELL):

Soya oil facing a trend line resistance of 760 and

made a lower top formation. It also closed

below 20 DEMA of 759. It is likely to correct up

to around 747.

CMP : 755

Target : 747

Stop Loss : 760

Company Issue Size (Cr)

Open

Close Offer Price

(Rs)

- - - - -

TECHNICAL PICKS – EQUITIES

TECHM (BUY):

The stock is trading on upper band of recent

consolidation and has made higher low formation on

daily chart. Currently the stock is trading above all short

& long term moving averages (20, 50,100 &200) and can

test 755/775 mark.

CMP : 721

TARGET : 755

STOP LOSS : 698

DABUR (BUY):

The stock is trading at upwards sloping channel & has

made higher low and higher high formation. Currently

the stock is trading above all short term & long term

moving averages (20, 50, 100, 200) and can test 480/490

mark.

CMP : 445

TARGET : 480

STOP LOSS : 435

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 MonthLTP as on

18.10.2019Strategy Target S/L Technical Comments

Chana Nov 4456

Buy aroundsup. Level and

sell around res.Level

4490/4570 (Res.)4390/4320

(Sup.)

It has made a higher bottom formation and closed above 200 DEMAof 4290. Traders can buy on decline with near SL of 4390. Closes belowthis level it can correct up to around 4320 to 4270. It can also bouncefrom this level. Near resistance levels it can give some correction.

Guar Gum Nov 7333Sell on rise andBuy near sup.

Levels7450/7570 (Res.)

7270/7150(Sup.)

It has made a lower top formation and closed below 20 DEMA of7570. Traders can sell on rise with near Sl of 7450. Closes above thislevel it can go up to around 7570. It can also correct from these levels.It can also bounce from support levels.

Agri Commodities

Guar Gum Nov 7333Sell on rise andBuy near sup.

Levels7450/7570 (Res.)

7270/7150(Sup.)

It has made a lower top formation and closed below 20 DEMA of7570. Traders can sell on rise with near Sl of 7450. Closes above thislevel it can go up to around 7570. It can also correct from these levels.It can also bounce from support levels.

Guar Seed M Nov 3950



3975/4050 (Res.)3870/3770

(Sup.)

It has made a lower top formation and closed below 20 DEMA of3975. Traders can sell on rise with near Sl of 3990. Closes above thislevel it can go up to around 4050. It can also correct from these levels.It can also bounce from support levels. Traders can also buy oncorrection near support levels and consider near support levels as SL.

Jeera Nov 16225Sell on rise and

buy nearsupport levels

16550/16800(Res.)

15950/15500(Sup.)

It has made a lower top formation and closed below 20 DEMA of16530. Traders can sell on bounce near resistance levels with SL16550. Closes above this level it can go up to around 16800 to 16950.It can also correct from this level. Near support levels it can give somebounce.

Soyabean Nov 3737



3790/3850 (Res.)3690/3630

(Sup.)

It has made a low of 3608 and given a sharp bounce from this level upto 3769 and closed above 20 DEMA of 3696. Traders can buy ondeclines with SL 3690. Closes below this level it can correct up toaround 3650 to 3630. It can also bounce from these levels. It can alsocorrect from resistance levels.

RMSeed Nov 4143



4190/4250 (Res.)4120/4070

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of4081. Traders can buy on decline with near SL of 4120. Closes belowthis level it can correct up to around 4070 to 4050. It can also correctfrom resistance levels.

Soya Oil Ref. Nov 756



760/765 (Res.)753/747

(Sup.)

It has made a higher bottom formation and closed above 50 DEMA of754. Traders can buy with SL 753. Closes below this level it can correctup to around 747. It can also bounce from this level. Near resistancelevels it can give some correction.

Soya Oil Ref. Nov 756



760/765 (Res.)753/747

(Sup.)

It has made a higher bottom formation and closed above 50 DEMA of754. Traders can buy with SL 753. Closes below this level it can correctup to around 747. It can also bounce from this level. Near resistancelevels it can give some correction.

Cocud(N) Dec 2269 Buy on declines 2320/2390 (Res.)2210/2170

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of2165. Traders can buy on declines with SL 2190. Closes below thislevel it can correct up to around 2170 to 2150. It can also correct fromresistance levels.

Dhania Nov 6151



6250/6330 (Res.)5990/5790

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of6025. Traders can buy with near SL of 5990. Closes below this level itcan correct up to around 5770. It can also bounce from this level. Itcan also correct from resistance levels.

TMC Nov 5720Sell on rise and


6020/6190 (Res.)5650/5470

(Sup.)

It has made a lower top formation and closed below 20 DEMA of6010. Traders can sell on rise with near SL of 5950. Closes above thislevel it can go up to around 6020. It can also correct from resistancelevels. It can also bounce from support levels.

Mentha oil (MCX) Oct 1202Sell on rise and


1230/1250 (Res.)1190/1150

(Sup.)

It has made a lower top formation and closed below 20 DEMA of1230. Traders can sell on rise with near SL of 1230. Closes above thislevel it can go up to around 1250. It can also correct from this level.Near support levels it can give some bounce.

CPO (MCX) Oct 559



565/570 (Res.)551/545

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of551. Traders can buy on declines with SL 551. Closes below this level itcan correct up to around 547 to 545. It can also bounce from theselevels. Near resistance levels it can give some correction.

CPO (MCX) Oct 559



565/570 (Res.)551/545

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of551. Traders can buy on declines with SL 551. Closes below this level itcan correct up to around 547 to 545. It can also bounce from theselevels. Near resistance levels it can give some correction.

Cardamom Nov 2539 Sell on rise 2850/2970 (Res.)2450/2190

(Sup.)

It has made a lower top formation and closed below 200 DEMA of2543. Traders can sell on bounce near resistance levels with SL 3070.Near support levels it can give some bounce.

Commodity MonthLTP as on

18.10.2019Strategy Resistance Support Technical Comments

Gold Dec 38089

Buy aroundsupport leveland sell near

resistancelevels

38350/38650(Res.)

37950/37650(Sup.)

Gold has made a higher bottom formation and closed above 20 DEMA of38030. Traders can buy on declines with SL 37950. Below this level it cancorrect up to around 37650 to 37550. It can also bounce from these levels.If it sustain above 38350 it can go up to around 38650 to 38750.

Silver Dec 45453


resistancelevels

45750/46050(Res.)

44900/43900(Sup.)

Silver has made a lower top formation and closed below 20 DEMA of45720. Traders can sell on rise near resistance levels with SL around46050. If sustain above this level it can go up to around 46950 to 47500. Itcan also correct from these levels. Near support levels it can give somebounce.

Non - Agri Commodities

Silver Dec 45453


resistancelevels

45750/46050(Res.)

44900/43900(Sup.)

Silver has made a lower top formation and closed below 20 DEMA of45720. Traders can sell on rise near resistance levels with SL around46050. If sustain above this level it can go up to around 46950 to 47500. Itcan also correct from these levels. Near support levels it can give somebounce.

Copper Oct 440


resistancelevels

445/450 (Res.)435/432

(Sup.)

Copper has made a higher bottom formation and closed above 200 DEMA438. Traders can buy on declines with near SL of 439. Below this level it cancorrect up to around 432 o 428. It can also bounce from these levels. It canalso correct from resistance levels.

Aluminum Oct 133.3Sell on rise and


135/137 (Res.)131/129

(Sup.)

It has made a lower top formation and closed below 20 DEMA of 135.Traders can sell on rise with SL 135.50. Closes above this level it can go upto around 137. It can also correct from this level. It can also bounce fromsupport levels.

Lead Oct 155.35


resistancelevels

157/159 (Res.)152/149

(Sup.)

It has made a lower top formation and closed below 20 DEMA of 155.75.Traders can sell on rise with SL 157. Closes above this level it can go up toaround 159. It can also correct from this level. It can also bounce fromsupport levels.

Zinc Oct 185.2


resistancelevels

187/189 (Res.)184/182

(Sup.)

It has made a high of 188 and given a correction from this level up to 184.Its 20 DEMA support is at 184.25. Traders can buy on declines with SL 184.Below this level it can correct up to around 182 to 181. It can also bouncefrom these levels. It can also correct from resistance levels.

Nickel Oct 1172Sell on rise and


1190/1220(Res.)

1140/1110(Sup.)

It has made a lower top formation and closed above 50 DEMA of 1187.Traders can sell on bounce with SL 1190. Closes above this level it can goup to around 1220 to 1230. It can also bounce from these levels. It can alsocorrect from resistance levels.

Nickel Oct 1172Sell on rise and


1190/1220(Res.)

1140/1110(Sup.)

It has made a lower top formation and closed above 50 DEMA of 1187.Traders can sell on bounce with SL 1190. Closes above this level it can goup to around 1220 to 1230. It can also bounce from these levels. It can alsocorrect from resistance levels.

Crude Oil Nov 3825


resistancelevels

3910/3950/3990/4050

(Res.)

3750/3710(Sup.)

Crude oil has made a lower top formation and closed below 20 DEMA of3880. Traders can sell on bounce around resistance levels and considernear resistance level as SL. Traders can also buy on correction with SL3710.

Natural Gas Oct 164.8


resistancelevels

170/175 (Res.)161/155

(Sup.)

It has made a lower top formation and closed above 100 DEMA of 170.Traders can sell on rise near resistance level with SL 170. Closes above thislevel it can go up to around 175 to 180. It can also correct from theselevels. It can also bounce from support levels.

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