nitial weekly newsletter | 14 july - 20 july, 2019 p o · nifty 500 p/e ratio nifty 500 p/bv ratio...

17
Market Outlook THE WEEK THAT WAS Sensex, Nifty register sharp losses Local stocks dropped sharply in the week gone by as the government's move to increase minimum public shareholding in listed companies disappointed investors. The Sensex declined below 39,000 level. In the week ended Friday, 12 July 2019, the Sensex fell 777.16 points or 1.97% to settle at 38,736.23. The Nifty 50 index fell 258.65 points or 2.19% to settle at 11,552.50. The BSE Mid-Cap index fell 171.77 points or 1.17% to settle at 14,553.88. The BSE Small-Cap index fell 365.25 points or 2.58% to settle at 13,776.58. Trading for the week began on a weak note as heavy selloff across all sectors dragged benchmark indices steeply lower on Monday, 8 July 2019. Weak global cues played the spoilsport. The Sensex slumped 792.82 points or 2.01% to settle at 38,720.57. The Nifty 50 index plunged 252.55 points or 2.14% to settle at 11,558.60. Heavy selling dragged the benchmark indices lower on Friday, 12 July 2019. Firm crude oil prices and weakness in private sector banks put pressure on key indices. The barometer index, the S&P BSE Sensex, fell 86.88 points or 0.22% to 38,736.23. The Nifty 50 index fell 30.4 points or 0.26% to 11,552.50. Finance Minister Nirmala Sitharaman in her maiden Budget speech on Friday, 5 July 2019, urged Sebi to consider increasing the minimum public shareholding in listed firms to 35% from 25%. The proposal is potential negative for MNC and companies with high promoter holding. This proposal could also increase the supply of paper in the market, which would suck money out of secondary market. On the macro front, Fitch Ratings reported that India's new budget outlined some economic reforms that could support the economy, but its fiscal stance was left broadly unchanged, with no plans for meaningful consolidation. The budget targets a slight narrowing in the fiscal deficit target, to 3.3% of GDP, from an estimated 3.4% in FY19 and in the FY20 interim budget. The America based rating agency further said that the fiscal targets are broadly credible, although projected revenue growth, at 13.5%, may prove optimistic as it is based on the government's higher 7% real GDP growth forecast and disinvestment targets might not be met. The rating agency believes off-budget spending is likely to increase due to, for instance, the additional banking-sector recapitalisation, which is equivalent to 0.3% of GDP. This should not affect the deficit, but it will raise the debt level, Fitch added. Further, Moody's Investors Service reported that weak growth prospects for India will complicate the government's fiscal consolidation efforts, weighing on the sovereign's credit quality. The 2019- 20 Budget presented in Parliament last week projected to contain fiscal deficit at 3.3% of GDP, lower than 3.4% estimated in the interim Budget. Technical View Nifty Outlook (11552) Bank Nifty Outlook (30601) USDINR Outlook (68.77) EURINR Outlook (77.54) Dollar Index Outlook (96.42) Indian equity markets closed on a negative note giving up intraday gains in entirety in the closing hour of trade. Nifty Bank index underperformed the Nifty index as Axis Bank and Indusind Bank traded with a negative bias. During the last week Nifty has made a low of 11461 and given a bounce from this level up to 11639 but didn't sustain at higher level and given a correction from this level up to 11539 and made a lower top formation. Its immediate support is likely to be seen around 11530 to 11420 for next week. Closes below 11420 next support is likely to be seen around 11210 to 10970. Its resistance is likely to be seen around 11650 to 11730 for next week. During the last week Nifty has made a low of 30347 and given a bounce from this level up to 30870 but didn't sustain at higher level and given a correction from this level up to 30548 and made a lower top formation. Its immediate support is likely to be seen around 30550 and 30250. Closes below 30250 next support is likely to be seen around 29970 to 29830. Its resistance is likely to be seen around 30720 to 30870 for next week. During the last week USDINR has made a low of 68.39 and given a bounce from this level up to 68.80. Its immediate support is likely to be seen around 68.40 for next week. Closes below this level next support is likely to be seen around 67.70 to 66.90. Its resistance is likely to be seen around 69.10 and 69.50 for next week. During the last week USDINR has made a low of 77.06 and given a bounce from this level up to 77.57. Its immediate support is likely to be seen around 77.30 and 76.90 for next week. Its resistance is likely to be seen around 77.75 and 78.10 for next week. After the last week DX has made a lower top formation and closed below 20 DEMA of 96.60 .Its immediate support is likely to be seen around 96.05 and 95.50 for next week. Its resistance is likely to be seen around 96.75 and 97.10 for next week. Weekly Newsletter | 14 July - 20 July, 2019 th 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 11552.50 40312.07 33291.58 38736.23 Close nitial ublic ffering I P O Equities Commodities Demat IPOs Research Mutual Funds Currencies Training Algorithmic Trading Mobile Trading Wealth Management The Society of Indian Automobile Manufacturers (SIAM) reported that domestic passenger vehicle sales declined 17.54% to 2.25 lakh units in June 2019 over June 2018. The domestic car sales have fallen 24.07% to 1.39 lakh units in June 2019 over June 2018. The total two wheeler sales declined 11.69% to 16.49 lakh units, while the sales of commercial vehicles fell by 12.27% to 70,771 units during the period under review. On the global front, China's foreign exchange reserves expanded slightly to $3.1192 trillion at the end of June, official data showed Monday. The amount increased by $18.2 billion, or 0.6$ from the end of May, according to the State Administration of Foreign Exchange (SAFE). The US economy added a better-than-expected 224,000 jobs in June, while the unemployment rate ticked up slightly to 3.7% from 3.6%. The National Federation of Independent Business released its small business optimism index, which fell to 103.3 in June, from 105 in May. In testimony to a congressional committee, Powell noted that while the U.S. jobs market remains robust and consumer spending appears set to rebound, business investment has slowed considerably, along with housing investment and manufacturing output. Quarterly earnings to be watched June quarterly earnings and macroeconomic data will dictate market trend in the forthcoming week. Progress of monsoon, 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. Shares of Infosys will on Monday, 15 July 2019 react to its results declared after market hours on Friday, 12 July 2019. Wipro and Yes Bank will declare their Q1 results on 17 July 2019. On the macro front, India's industrial production data for May 2019 and retail price inflation rate for June 2019 will be announced after market hours on Friday, 12 July 2019. Wholesale price inflation rate for June 2019 will be announced on Monday, 15 July 2019. Balance of Trade data for the month of June 2019 will also be announced on the same day. Overseas, China's second-quarter gross domestic product (GDP) data and industrial production data for June will be declared on Monday, 15 July 2019. The Finance Ministry will publish Japan's trade balance for June on Thursday, 18 July 2019. The Internal Affairs Ministry will publish data on Japan's core consumer inflation in June on Friday, 19 July 2019. On Wednesday, 17 July 2019, US Federal Reserve releases Beige the anecdotal survey on the state of the economy. WEEK AHEAD USDINR 68.77 0.23 % EURINR 77.54 0.10 % Currency Update CMP Net Change Currency Week -2848.16 3359.3 Month (July) -3442.14 4071.19 Institutional Activity (Cr.) FII DII Year (2019) 49756.73 -1179.68 - - - - - - Date Price Band Primary Market Update Company

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Page 1: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

Market Outlook

THE WEEK THAT WAS

Sensex, Nifty register sharp losses

Local stocks dropped sharply in the week gone by as the government's move

to increase minimum public shareholding in listed companies disappointed

investors. The Sensex declined below 39,000 level.

In the week ended Friday, 12 July 2019, the Sensex fell 777.16 points or 1.97%

to settle at 38,736.23. The Nifty 50 index fell 258.65 points or 2.19% to settle at

11,552.50.

The BSE Mid-Cap index fell 171.77 points or 1.17% to settle at 14,553.88. The

BSE Small-Cap index fell 365.25 points or 2.58% to settle at 13,776.58.

Trading for the week began on a weak note as heavy selloff across all sectors

dragged benchmark indices steeply lower on Monday, 8 July 2019. Weak

global cues played the spoilsport. The Sensex slumped 792.82 points or 2.01%

to settle at 38,720.57. The Nifty 50 index plunged 252.55 points or 2.14% to

settle at 11,558.60.

Heavy selling dragged the benchmark indices lower on Friday, 12 July 2019.

Firm crude oil prices and weakness in private sector banks put pressure on key

indices. The barometer index, the S&P BSE Sensex, fell 86.88 points or 0.22%

to 38,736.23. The Nifty 50 index fell 30.4 points or 0.26% to 11,552.50.

Finance Minister Nirmala Sitharaman in her maiden Budget speech on Friday,

5 July 2019, urged Sebi to consider increasing the minimum public

shareholding in listed firms to 35% from 25%. The proposal is potential

negative for MNC and companies with high promoter holding. This proposal

could also increase the supply of paper in the market, which would suck

money out of secondary market.

On the macro front, Fitch Ratings reported that India's new budget outlined

some economic reforms that could support the economy, but its fiscal stance

was left broadly unchanged, with no plans for meaningful consolidation. The

budget targets a slight narrowing in the fiscal deficit target, to 3.3% of GDP,

from an estimated 3.4% in FY19 and in the FY20 interim budget.

The America based rating agency further said that the fiscal targets are

broadly credible, although projected revenue growth, at 13.5%, may prove

optimistic as it is based on the government's higher 7% real GDP growth

forecast and disinvestment targets might not be met.

The rating agency believes off-budget spending is likely to increase due to, for

instance, the additional banking-sector recapitalisation, which is equivalent

to 0.3% of GDP. This should not affect the deficit, but it will raise the debt level,

Fitch added.

Further, Moody's Investors Service reported that weak growth prospects for

India will complicate the government's fiscal consolidation efforts, weighing

on the sovereign's credit quality. The 2019- 20 Budget presented in Parliament

last week projected to contain fiscal deficit at 3.3% of GDP, lower than 3.4%

estimated in the interim Budget.

Tech

nic

al

Vie

w

Nifty Outlook (11552)

Bank Nifty Outlook (30601)

USDINR Outlook (68.77)

EURINR Outlook (77.54)

Dollar Index Outlook (96.42)

Indian equity markets closed on a negative note giving up intraday gains in entirety in the closing hour of trade. Nifty Bank index underperformed the Nifty index as Axis Bank and Indusind

Bank traded with a negative bias. During the last week Nifty has made a low of 11461 and given a bounce from this level up to 11639 but didn't sustain at higher level and given a correction from this level up to 11539

and made a lower top formation. Its immediate support is likely to be seen around 11530 to 11420 for next week. Closes below 11420 next support is likely to be seen around 11210 to 10970. Its resistance is likely to

be seen around 11650 to 11730 for next week.

During the last week Nifty has made a low of 30347 and given a bounce from this level up to 30870 but didn't sustain at higher level and given a correction from this level up to 30548 and

made a lower top formation. Its immediate support is likely to be seen around 30550 and 30250. Closes below 30250 next support is likely to be seen around 29970 to 29830. Its resistance is likely to be seen around

30720 to 30870 for next week.

During the last week USDINR has made a low of 68.39 and given a bounce from this level up to 68.80. Its immediate support is likely to be seen around 68.40 for next week. Closes below this

level next support is likely to be seen around 67.70 to 66.90. Its resistance is likely to be seen around 69.10 and 69.50 for next week.

During the last week USDINR has made a low of 77.06 and given a bounce from this level up to 77.57. Its immediate support is likely to be seen around 77.30 and 76.90 for next week. Its

resistance is likely to be seen around 77.75 and 78.10 for next week.

After the last week DX has made a lower top formation and closed below 20 DEMA of 96.60 .Its immediate support is likely to be seen around 96.05 and 95.50 for next week. Its

resistance is likely to be seen around 96.75 and 97.10 for next week.

Weekly Newsletter | 14 July - 20 July, 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

11552.50

40312.07

33291.58

38736.23Close

nitialublicffering

IPO

Equities Commodities Demat IPOs ResearchMutual

Funds

Currencies Training Algorithmic

TradingMobile

Trading

Wealth

Management

The Society of Indian Automobile Manufacturers (SIAM) reported that

domestic passenger vehicle sales declined 17.54% to 2.25 lakh units in June

2019 over June 2018. The domestic car sales have fallen 24.07% to 1.39 lakh

units in June 2019 over June 2018. The total two wheeler sales declined

11.69% to 16.49 lakh units, while the sales of commercial vehicles fell by

12.27% to 70,771 units during the period under review.

On the global front, China's foreign exchange reserves expanded slightly to

$3.1192 trillion at the end of June, official data showed Monday. The amount

increased by $18.2 billion, or 0.6$ from the end of May, according to the State

Administration of Foreign Exchange (SAFE).

The US economy added a better-than-expected 224,000 jobs in June, while

the unemployment rate ticked up slightly to 3.7% from 3.6%.

The National Federation of Independent Business released its small business

optimism index, which fell to 103.3 in June, from 105 in May.

In testimony to a congressional committee, Powell noted that while the U.S.

jobs market remains robust and consumer spending appears set to rebound,

business investment has slowed considerably, along with housing investment

and manufacturing output.

Quarterly earnings to be watched

June quarterly earnings and macroeconomic data will dictate market trend in

the forthcoming week. Progress of monsoon, 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.

Shares of Infosys will on Monday, 15 July 2019 react to its results declared

after market hours on Friday, 12 July 2019. Wipro and Yes Bank will declare

their Q1 results on 17 July 2019.

On the macro front, India's industrial production data for May 2019 and retail

price inflation rate for June 2019 will be announced after market hours on

Friday, 12 July 2019.

Wholesale price inflation rate for June 2019 will be announced on Monday, 15

July 2019. Balance of Trade data for the month of June 2019 will also be

announced on the same day.

Overseas, China's second-quarter gross domestic product (GDP) data and

industrial production data for June will be declared on Monday, 15 July 2019.

The Finance Ministry will publish Japan's trade balance for June on Thursday,

18 July 2019. The Internal Affairs Ministry will publish data on Japan's core

consumer inflation in June on Friday, 19 July 2019.

On Wednesday, 17 July 2019, US Federal Reserve releases Beige the anecdotal

survey on the state of the economy.

WEEK AHEAD

USDINR 68.77 0.23 %

EURINR 77.54 0.10 %

Currency Update

CMP Net ChangeCurrency

Week -2848.16 3359.3

Month (July) -3442.14 4071.19

Institutional Activity (Cr.)

FII DII

Year (2019) 49756.73 -1179.68

- - -

- - -

Date Price Band

Primary Market Update

Company

Page 2: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

11440

11460

11480

11500

11520

11540

11560

11580

11600

CLOSE

11.00

11.50

12.00

12.50

13.00

13.50

14.00

CLOSE

Nifty

VIX

FII/DII (Cr)

-1000

-800

-600

-400

-200

0

200

400

600

800

1000 FII

CLOSE38400

38450

38500

38550

38600

38650

38700

38750

38800

38850

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

Page 3: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

3

3.1

3.2

3.3

3.4

3.5

3.6

3.7

3.8

3.9

4

20

22

24

26

28

30

32

2

2.2

2.4

2.6

2.8

3

3.2

3.4

3.6

3.8

10

20

30

40

50

60

70

80

25

27

29

31

33

35

37

2.4

2.6

2.8

3

3.2

3.4

3.6

3.8

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

Page 4: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

MARKET MOVEMENT

Index* Close Pre. Day Return

% Week Ago

Return

%

Month

Ago Return % Year Ago Return %

12-Jul-19 11-Jul-19 5-Jul-19 13-Jun-19 5-Jul-18

Broad Market Indices :

NIFTY 50 11552.50 11582.90 -0.26% 11811.15 -2.19% 11914.05 -3.03% 10749.75 7.47%

NIFTY NEXT 50 26983.65 26932.10 0.19% 27378.00 -1.44% 27379.20 -1.44% 27999.05 -3.63%

NIFTY 100 11654.85 11678.60 -0.20% 11904.05 -2.09% 11995.20 -2.84% 11008.60 5.87%

NIFTY 200 5976.40 5984.25 -0.13% 6104.80 -2.10% 6153.95 -2.89% 5718.15 4.52%

NIFTY 500 9457.75 9466.40 -0.09% 9657.65 -2.07% 9747.05 -2.97% 9166.60 3.18%

NIFTY MIDCAP 50 4738.60 4708.05 0.65% 4837.95 -2.05% 4897.45 -3.24% 4843.80 -2.17%

NIFTY MIDCAP 50 12.00 12.47 -3.79% 13.07 -8.17% 13.66 -12.17% 12.58 -4.59%

Sectoral Indices :

NIFTY BANK 30601.45 30716.55 -0.37% 31475.80 -2.78% 30976.10 -1.21% 26503.30 15.46%

NIFTY AUTO 7653.65 7650.95 0.04% 7849.10 -2.49% 8116.95 -5.71% 10925.75 -29.95%

NIFTY FIN SERVICE 13365.95 13404.95 -0.29% 13798.60 -3.14% 13482.05 -0.86% 11043.20 21.03%

NIFTY FMCG 29252.00 29293.65 -0.14% 29973.25 -2.41% 30354.55 -3.63% 29399.15 -0.50%

NIFTY IT 15227.40 15214.25 0.09% 15550.05 -2.07% 16316.60 -6.68% 13970.50 9.00%

NIFTY MEDIA 2066.10 2057.15 0.44% 2053.15 0.63% 2134.00 -3.18% 3010.95 -31.38%

NIFTY METAL 2826.30 2805.25 0.75% 2851.25 -0.88% 2955.95 -4.39% 3322.45 -14.93%

NIFTY PHARMA 8144.30 8110.05 0.42% 7926.50 2.75% 8148.55 -0.05% 9274.25 -12.18%

NIFTY PSU BANK 3178.60 3170.90 0.24% 3303.35 -3.78% 3066.90 3.64% 2752.00 15.50%

NIFTY PVT BANK 16913.20 16990.15 -0.45% 17353.50 -2.54% 17243.25 -1.91% 15059.45 12.31%

NIFTY REALTY 280.55 279.10 0.52% 282.10 -0.55% 276.50 1.46% 264.65 6.01%

Strategy Indices :

NIFTY DIV OPPS 50 2562.00 2566.55 -0.18% 2633.80 -2.73% 2703.50 -5.23% 2596.95 -1.35%

NIFTY GROWSECT 15 5823.10 5865.15 -0.72% 6023.35 -3.32% 6083.45 -4.28% 6950.60 -16.22%

NIFTY50 VALUE 20 5247.75 5252.80 -0.10% 5330.60 -1.55% 5565.30 -5.71% 4809.75 9.11%

NIFTY50 TR 2X LEV 6331.35 6365.45 -0.54% 6624.95 -4.43% 6754.40 -6.26% 5804.45 9.08%

NIFTY50 PR 2X LEV 4930.25 4957.05 -0.54% 5162.35 -4.50% 5274.80 -6.53% 4633.80 6.40%

NIFTY50 TR 1X INV 352.45 351.50 0.27% 344.65 2.26% 341.15 3.31% 366.30 -3.78%

NIFTY50 PR 1X INV 399.40 398.30 0.28% 390.40 2.31% 386.00 3.47% 410.00 -2.59%

NIFTY50 DIV POINT 49.11 48.85 0.53% 45.23 8.58% 32.01 - 51.54 -4.71%

Thematic Indices :

NIFTY COMMODITIES 3489.75 3492.45 -0.08% 3561.80 -2.02% 3654.75 -4.51% 3451.30 1.11%

NIFTY CONSUMPTION 4613.10 4613.70 -0.01% 4759.95 -3.09% 4865.35 -5.18% 5092.45 -9.41%

NIFTY CPSE 2169.20 2189.15 -0.91% 2290.75 -5.31% 2348.40 -7.63% 2205.55 -1.65%

NIFTY ENERGY 15432.55 15547.65 -0.74% 15818.40 -2.44% 16209.15 -4.79% 13171.05 17.17%

NIFTY INFRA 3249.70 3281.40 -0.97% 3373.45 -3.67% 3322.05 -2.18% 3044.65 6.73%

NIFTY100 LIQ 15 3853.25 3863.35 -0.26% 3967.10 -2.87% 4015.20 -4.03% 4038.30 -4.58%

NIFTY MID LIQ 15 4069.70 4044.00 0.64% 4191.35 -2.90% 4280.10 -4.92% 3976.55 2.34%

NIFTY MNC 12652.60 12607.25 0.36% 12930.85 -2.15% 13223.00 -4.31% 14473.40 -12.58%

NIFTY PSE 3409.45 3439.50 -0.87% 3564.20 -4.34% 3602.50 -5.36% 3461.45 -1.50%

NIFTY SERV SECTOR 16558.55 16606.15 -0.29% 16960.85 -2.37% 16868.05 -1.83% 14602.75 13.39%

WEEKLY CHANGE IN WORLD INDICES

Indices 12.07.2019 05.07.2019 Chg (Pts) % Chg

DOW JONES 27332.03 26922.12 409.91 1.52%

NASDAQ COMPOSITE 8244.14 8161.79 82.35 1.01%

FTSE 7505.97 7553.14 -47.17 -0.62%

NIKKEI 21685.90 21746.38 -60.48 -0.28%

BOVESPA 103906.00 104089.50 -183.50 -0.18%

HANG SENG 28471.26 28774.83 -303.57 -1.05%

Page 5: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

52 WEEKS HIGH/LOW ALL TIME HIGH/LOW

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

DCBBANK 244 H 25-Jun-19 IEX 142.05 L 10-Jul-19

NETWORK18 24.4 L 11-Jul-19 HDFC 2282 H 7-May-19

CENTRALBK 19.7 L 11-Jul-19 TRENT 458.95 H 7-Feb-19

POWERGRID 209.85 H 8-Aug-17 PGHH 10953.5 H 17-Jul-18

VGUARD 248 H 20-Apr-18 SBIN 366.55 H 7-May-19

HINDCOPPER 37.8 L 10-Jul-19 CONCOR 565.4 H 7-Jan-19

VBL 968.3 H 7-Jul-19 ICICIBANK 433 H 27-Jun-19

HUDCO 38.4 L 14-Feb-19 AAVAS 1523 H 18-Jun-19

CDSL 207.2 L 10-Jan-18 SHK 125.75 L 11-Jul-19

TRENT 453.8 H 7-Feb-19 GRINDWELL 599.9 H 8-Mar-19

INCREASE IN OPEN INTEREST

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

IOC 25-Jul-19 145.4 -1.85 -1.26% 43540000 3244500 8.05%

PFC 25-Jul-19 124.45 -1.75 -1.39% 38440000 3230200 9.17%

BHEL 25-Jul-19 65.1 -0.25 -0.38% 47932500 2812500 6.23%

NTPC 25-Jul-19 127.55 -1.15 -0.89% 67041600 2668800 4.15%

WIPRO 25-Jul-19 260.6 -7.10 -2.65% 30038400 1814400 6.43%

DECREASE IN OPEN INTEREST

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

DISHTV 25-Jul-19 31.15 0.65 2.13% 101500000 -5810000 -5.41%

GMRINFRA 25-Jul-19 15.15 0.00 0.00% 175995000 -3060000 -1.71%

NATIONALUM 25-Jul-19 47.75 0.90 1.92% 36460000 -2690000 -6.87%

IDEA 25-Jul-19 11.8 0.10 0.85% 372932000 -2408000 -0.64%

PNB 25-Jul-19 75.65 0.85 1.14% 102333000 -2114000 -2.02%

INCREASE IN OI IN CALLS

Symbol Expiry Date Option Type Strike Price Last Price Turnover Premium (Lacs Open Interest Open Int Chg

ADANIPOWER 25-Jul-19 CE 70 1.05 157.85 4780000 120000

SBIN 25-Jul-19 CE 370 3.55 376.71 4218000 210000

ADANIPOWER 25-Jul-19 CE 75 0.4 55.63 4140000 180000

ASHOKLEY 25-Jul-19 CE 85 1.5 108.36 4584000 648000

DISHTV 25-Jul-19 CE 35 0.95 89.85 4844000 728000

INCREASE IN OI IN PUTS

Symbol Expiry Date Option

Type

Strike

Price

Last

Price Turnover Premium (Lacs Open Interest Open Int Chg

SBIN 25-Jul-19 PE 360 4.2 514.74 3201000 1023000

TATAMOTORS 25-Jul-19 PE 150 1.3 120.74 3288000 693000

INDUSINDBK 25-Jul-19 PE 1500 28.5 1393.56 417200 181600

RECLTD 25-Jul-19 PE 140 1.1 102.75 1152000 312000

INFY 25-Jul-19 PE 700 5.9 276.67 2217600 865200

Page 6: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

LEVELS FOR NIFTY STOCKS

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

ADANIPORTS 429.73 424.57 419.93 415.30 414.77 410.13 404.97 400.33 UP

AMBUJACEM 219.88 218.07 216.13 214.20 214.32 212.38 210.57 208.63 DOWN

ASIANPAINT 1423.28 1396.42 1379.18 1361.95 1352.32 1335.08 1308.22 1290.98 UP

AUROPHARMA 620.18 614.52 605.13 595.75 599.47 590.08 584.42 575.03 DOWN

AXISBANK 783.53 776.07 765.93 755.80 758.47 748.33 740.87 730.73 DOWN

BAJAJ-AUTO 2810.40 2781.15 2751.85 2722.55 2722.60 2693.30 2664.05 2634.75 DOWN

BAJFINANCE 3547.00 3508.50 3443.00 3377.50 3404.50 3339.00 3300.50 3235.00 DOWN

BPCL 361.83 358.32 352.03 345.75 348.52 342.23 338.72 332.43 DOWN

BHARTIARTL 366.53 363.67 359.88 356.10 357.02 353.23 350.37 346.58 DOWN

INFRATEL 273.38 270.92 266.93 262.95 264.47 260.48 258.02 254.03 DOWN

BOSCHLTD 16255.70 16177.85 16104.80 16031.75 16026.95 15953.90 15876.05 15803.00 UP

CIPLA 585.77 576.13 566.47 556.80 556.83 547.17 537.53 527.87 DOWN

COALINDIA 242.35 239.35 235.30 231.25 232.30 228.25 225.25 221.20 DOWN

DRREDDY 2739.28 2699.77 2664.18 2628.60 2624.67 2589.08 2549.57 2513.98 UP

EICHERMOT 19323.54 19211.77 19083.54 18955.30 18971.77 18843.54 18731.77 18603.54 DOWN

GAIL 154.77 152.78 149.72 146.65 147.73 144.67 142.68 139.62 DOWN

HCLTECH 1053.43 1041.57 1032.73 1023.90 1020.87 1012.03 1000.17 991.33 UP

HDFC 2307.53 2294.77 2276.28 2257.80 2263.52 2245.03 2232.27 2213.78 DOWN

HDFCBANK 2445.87 2431.93 2412.92 2393.90 2398.98 2379.97 2366.03 2347.02 DOWN

HEROMOTOCO 2724.00 2654.20 2612.00 2569.80 2542.20 2500.00 2430.20 2388.00 UP

HINDPETRO 295.33 292.27 286.88 281.50 283.82 278.43 275.37 269.98 DOWN

HINDALCO 205.12 203.28 201.07 198.85 199.23 197.02 195.18 192.97 DOWN

HINDUNILVR 1761.55 1749.90 1731.55 1713.20 1719.90 1701.55 1689.90 1671.55 DOWN

ICICIBANK 441.03 437.02 432.03 427.05 428.02 423.03 419.02 414.03 DOWN

IBULHSGFIN 695.07 687.38 676.67 665.95 668.98 658.27 650.58 639.87 DOWN

IOC 152.13 150.02 148.43 146.85 146.32 144.73 142.62 141.03 UP

INDUSINDBK 1618.97 1590.73 1550.12 1509.50 1521.88 1481.27 1453.03 1412.42 DOWN

INFY 742.70 736.65 731.70 726.75 725.65 720.70 714.65 709.70 UP

ITC 279.98 278.22 276.63 275.05 274.87 273.28 271.52 269.93 UP

JSWSTEEL 281.08 275.97 271.93 267.90 266.82 262.78 257.67 253.63 UP

KOTAKBANK 1512.07 1503.28 1493.47 1483.65 1484.68 1474.87 1466.08 1456.27 DOWN

LT 1526.90 1512.95 1489.90 1466.85 1475.95 1452.90 1438.95 1415.90 DOWN

M&M 644.93 640.97 636.43 631.90 632.47 627.93 623.97 619.43 DOWN

MARUTI 6195.03 6142.52 6056.98 5971.45 6004.47 5918.93 5866.42 5780.88 DOWN

NTPC 137.35 134.90 131.35 127.80 128.90 125.35 122.90 119.35 DOWN

ONGC 158.05 155.70 152.70 149.70 150.35 147.35 145.00 142.00 DOWN

POWERGRID 215.02 212.43 209.57 206.70 206.98 204.12 201.53 198.67 DOWN

RELIANCE 1316.27 1308.13 1294.32 1280.50 1286.18 1272.37 1264.23 1250.42 DOWN

SBIN 371.32 368.93 366.27 363.60 363.88 361.22 358.83 356.17 DOWN

SUNPHARMA 427.83 419.67 413.68 407.70 405.52 399.53 391.37 385.38 UP

TATAMOTORS 172.28 167.57 163.43 159.30 158.72 154.58 149.87 145.73 UP

TATASTEEL 500.68 490.07 481.48 472.90 470.87 462.28 451.67 443.08 UP

TCS 2147.18 2133.47 2120.53 2107.60 2106.82 2093.88 2080.17 2067.23 UP

TECHM 681.37 677.13 671.47 665.80 667.23 661.57 657.33 651.67 DOWN

ULTRACEMCO 4715.27 4667.08 4616.47 4565.85 4568.28 4517.67 4469.48 4418.87 DOWN

UPL 662.20 654.55 642.30 630.05 634.65 622.40 614.75 602.50 DOWN

VEDL 176.38 172.52 170.08 167.65 166.22 163.78 159.92 157.48 UP

WIPRO 276.32 272.48 265.72 258.95 261.88 255.12 251.28 244.52 DOWN

YESBANK 98.68 96.77 95.48 94.20 93.57 92.28 90.37 89.08 UP

ZEEL 366.62 362.23 356.47 350.70 352.08 346.32 341.93 336.17 DOWN

Page 7: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

PRIMARY MARKET UPDATES

COPRPORATE ACTION

Symbol Series Face

Value(Rs.) Purpose Ex-Date Record Date

BC Start

Date

BC End

Date

ZEEL EQ 1 AGM/ Dividend - Rs 3.50 Per Share 15-Jul-19 16-Jul-19 - -

GEPIL EQ 10 AGM/Dividend - Rs 6 Per Share 15-Jul-19 - 17-Jul-19 23-Jul-19

KEC EQ 2 AGM/Dividend - Rs 2.70 Per Share 15-Jul-19 - 17-Jul-19 23-Jul-19

PRAJIND EQ 2 AGM/Dividend - Rs 1.62 Per Share 15-Jul-19 - 17-Jul-19 23-Jul-19

DELTACORP EQ 1 AGM/Dividend - Rs 0.65 Per Share 15-Jul-19 - 17-Jul-19 23-Jul-19

DRREDDY EQ 5 AGM/Dividend - Rs 20 Per Share 15-Jul-19 - 17-Jul-19 19-Jul-19

TATAINVEST EQ 10 Dividend - Rs 20 Per Share 15-Jul-19 - 17-Jul-19 23-Jul-19

NAVNETEDUL EQ 2 AGM/Dividend Rs - 1 Per Share 15-Jul-19 - 17-Jul-19 24-Jul-19

NELCO EQ 10 AGM/ Dividend - Rs 1.50 Per Share 15-Jul-19 - 17-Jul-19 24-Jul-19

M&MFIN EQ 2 AGM/Div. - Rs 4/Share/ Sp Div - Rs 2.5/Share 15-Jul-19 - 17-Jul-19 23-Jul-19

GET&D EQ 2 AGM/Dividend - Rs 1.80 Per Share 16-Jul-19 - 18-Jul-19 24-Jul-19

HIL EQ 10 AGM/Dividend - Rs 12.50 Per Share 16-Jul-19 - 18-Jul-19 24-Jul-19

SYNGENE EQ 10 Dividend - Rs 0.50 Per Share 16-Jul-19 17-Jul-19 - -

APOLSINHOT EQ 5 AGM/Dividend - Rs 3 Per Share 16-Jul-19 - 18-Jul-19 25-Jul-19

TCS EQ 1 Interim Dividend - Rs 5 Per Share 16-Jul-19 17-Jul-19 - -

EVERESTIND EQ 10 AGM/Dividend Rs 7.50 Per Share 16-Jul-19 17-Jul-19 - -

HEROMOTOCO EQ 2 AGM/Dividend - Rs 32 Per Share 16-Jul-19 - 18-Jul-19 29-Jul-19

QUESS EQ 10 AGM 16-Jul-19 - 18-Jul-19 24-Jul-19

MPSLTD EQ 10 AGM/Dividend Rs 25 Per Share 16-Jul-19 - 18-Jul-19 24-Jul-19

PVR EQ 10 AGM/ Dividend - Rs 2 Per Share 16-Jul-19 - 18-Jul-19 25-Jul-19

RML EQ 10 AGM/Dividend Rs 4.50 Per Sh 16-Jul-19 17-Jul-19 - -

SAGCEM EQ 10 AGM/Dividend Rs 2.50 Per Share 16-Jul-19 - 18-Jul-19 24-Jul-19

VINATIORGA EQ 2 AGM/ Dividend - Rs 7 Per Share 16-Jul-19 - 18-Jul-19 27-Jul-19

EDELWEISS EQ 1 AGM/Dividend - Rs 0.30 Per Share 17-Jul-19 - 19-Jul-19 24-Jul-19

CANBK EQ 10 AGM 17-Jul-19 - 19-Jul-19 25-Jul-19

EIMCOELECO EQ 10 AGM/Dividend - Rs 7 Per Share 17-Jul-19 - 19-Jul-19 25-Jul-19

TIRUMALCHM EQ 1 AGM/Dividend - Rs 2 Per Share 17-Jul-19 - 19-Jul-19 25-Jul-19

BHAGERIA EQ 5 Bonus 1:1 17-Jul-19 18-Jul-19 - -

FEDERALBNK EQ 2 AGM/Dividend - Rs 1.4 Per Share 17-Jul-19 - 19-Jul-19 25-Jul-19

KALYANIFRG EQ 10 AGM/Dividend Rs 4 Per Share 17-Jul-19 - 19-Jul-19 29-Jul-19

BALAMINES EQ 2 AGM/ Dividend - Rs 2.80 Per Share 17-Jul-19 - 19-Jul-19 26-Jul-19

ONWARDTEC EQ 10 AGM/ Dividend - Rs 1.5 Per Share 17-Jul-19 - 19-Jul-19 25-Jul-19

INDORAMA EQ 10 AGM 17-Jul-19 - 19-Jul-19 26-Jul-19

GRINDWELL EQ 5 AGM/Dividend - Rs 6 Per Share 17-Jul-19 - 19-Jul-19 25-Jul-19

UFO EQ 10 AGM/Dividend - Rs 2.50 Per Share 17-Jul-19 - 19-Jul-19 25-Jul-19

ZYDUSWELL EQ 10 Dividend - Rs 5 Per Share 17-Jul-19 - 19-Jul-19 31-Jul-19

PTL EQ 2 AGM/Dividend - Rs 2.50 Per Share 17-Jul-19 - 19-Jul-19 30-Jul-19

RBL EQ 10 AGM/Dividend Rs 9 Per Share 17-Jul-19 18-Jul-19 - -

VOLTAS EQ 1 AGM/ Dividend - Rs 4 Per Share 17-Jul-19 - 19-Jul-19 9-Aug-19

APLLTD EQ 2 AGM/Dividend Rs 5.50/- 18-Jul-19 - 22-Jul-19 29-Jul-19

HESTERBIO EQ 10 Dividend - Rs 7 Per Share 18-Jul-19 - 20-Jul-19 31-Jul-19

STRTECH EQ 2 AGM/Dividend- Rs 3.50 Per Share 18-Jul-19 - 20-Jul-19 23-Jul-19

Company Issue Size (Cr)

Open

Close Offer Price (Rs)

-

- - - -

Page 8: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

NEXT WEEK MAJOR ECONOMIC EVENTS

Time Cur. Imp. Event Forecast Previous

Monday, July 15, 2019

All Day Holiday Japan - Marine Day

7:30:00 AM CNY GDP (YoY) (Q2) 6.20% 6.40%

7:30:00 AM CNY Industrial Production (YoY) (Jun) 5.20% 5.00%

12:00:00 PM INR WPI Food (YoY) (Jun) 6.99%

12:00:00 PM INR WPI Fuel (YoY) (Jun) 0.98%

12:00:00 PM INR WPI Inflation (YoY) (Jun) 2.35% 2.45%

12:00:00 PM INR WPI Manufacturing Inflation (YoY) (Jun) 1.28%

5:30:00 PM INR Trade Balance -15.64B -15.36B

Tuesday, July 16, 2019

4:15:00 AM NZD CPI (QoQ) (Q2) 0.60% 0.10%

7:00:00 AM AUD RBA Meeting Minutes

2:00:00 PM GBP Average Earnings Index +Bonus (May) 3.10% 3.10%

2:00:00 PM GBP Claimant Count Change (Jun) 22.9K 23.2K

2:30:00 PM EUR German ZEW Economic Sentiment (Jul) -20 -21.1

6:00:00 PM USD Core Retail Sales (MoM) (Jun) 0.20% 0.50%

6:00:00 PM USD Retail Sales (MoM) (Jun) 0.20% 0.50%

Wednesday, July 17, 2019

2:00:00 PM GBP CPI (YoY) (Jun) 2.00% 2.00%

2:30:00 PM EUR CPI (YoY) (Jun) 1.20% 1.20%

5:00:00 PM INR M3 Money Supply 10.10%

6:00:00 PM USD Building Permits (Jun) 1.300M 1.299M

6:00:00 PM CAD Core CPI (MoM) (Jun) 0.40%

8:00:00 PM USD Crude Oil Inventories -3.081M -9.499M

Thursday, July 18, 2019

7:00:00 AM AUD Employment Change (Jun) 10.0K 42.3K

2:00:00 PM GBP Retail Sales (MoM) (Jun) -0.30% -0.50%

6:00:00 PM USD Philadelphia Fed Manufacturing Index (Jul) 5 0.3

Friday, July 19, 2019

5:00:00 PM INR Bank Loan Growth 12.00%

5:00:00 PM INR Deposit Growth 10.00%

5:00:00 PM INR FX Reserves, USD

6:00:00 PM CAD Core Retail Sales (MoM) (May) 0.40% 0.10%

Page 9: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

Symbol Result Date Symbol

ASAL 15-Jul DHANBANK

BAJAJCON 15-Jul GMLM

COCHINM 15-Jul MINDTREE

GUJHOTE 15-Jul SELMCL

ITHL 15-Jul SUMERUIND

TATAMETALI 15-Jul TATAELXSI

TINPLATE 15-Jul WIPRO

5PAISA 16-Jul YESBANK

ATFL 16-Jul 8KMILES

BCP 16-Jul ACC

DCBBANK 16-Jul BENARAS

FEDERALBNK 16-Jul CHEMOPH

HDFCAMC 16-Jul COLPAL

JAYBARMARU 16-Jul CYIENT

MCX 16-Jul DBCORP

NETWORK18 16-Jul DEVKI

NEXTMEDIA 16-Jul FRONTIER

TV18BRDCST 16-Jul HATSUN

BIRLAMONEY 17-Jul INTEGRAEN

CRUDE OIL : Sell Aug. call option strike

Maximum Profit : Call Premium

Maximum loss : Unlimited

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

CRUDE OIL : Sell Aug. Put option strike of

Maximum Profit : Put Premium

Maximum loss : Unlimited

Stop Loss : Exit in Put option if Crude oil

TECHNICAL PICKS

NCDEX GUAR GUM AUG (BUY):

RESULT CALENDAR

Result Date Symbol Result Date Symbol

17-Jul LTI 18-Jul IPOWER

17-Jul PIONDIST 18-Jul JMFINANCIL

17-Jul RALLIS 18-Jul KUMAKAIND

17-Jul SASKEN 18-Jul L&TFH

17-Jul SPARCSYS 18-Jul LTTS

17-Jul STRTECH 18-Jul MAHINDCIE

17-Jul TITANSEC 18-Jul PHILIPCARB

17-Jul TRIDENT 18-Jul RADHEDE

18-Jul UTTAMSTL 18-Jul RBLBANK

18-Jul ALSTONE 19-Jul RELIANCE

18-Jul AMAL 19-Jul RICOHQ

18-Jul BANDHANBNK 19-Jul TOKYOFIN

18-Jul DABUR 19-Jul TOKYOPLAST

18-Jul DHANUKA 19-Jul UNITECH

18-Jul HINDZINC 19-Jul AMARAJABAT

18-Jul ICICIGI 19-Jul ASIACAP

18-Jul INDBANK 19-Jul AVANTI

18-Jul INDBNK 19-Jul HDFCBANK

18-Jul INDIGO 19-Jul KIRLPNU

MCX OPTION STRATEGY

call option strike of 4500 at CMP 42 .

Crude oil price goes above 4500.

Put option strike of 3900 at CMP 56.

Crude oil price goes below 3900.

TECHNICAL PICKS – COMMODITY

It has broken trend line resistance of 8850

bottom formation and closed above 200 DEMA of

8830. Traders can buy on declines with SL 8830. It is

likely to go up to around 9250 to 9290.

CMP : 9017

Target : 9250

Stop Loss : 8830

Symbol Result Date

IPOWER 19-Jul

JMFINANCIL 19-Jul

KUMAKAIND 19-Jul

L&TFH 19-Jul

LTTS 19-Jul

MAHINDCIE 19-Jul

PHILIPCARB 19-Jul

RADHEDE 19-Jul

RBLBANK 19-Jul

RELIANCE 19-Jul

RICOHQ 19-Jul

TOKYOFIN 19-Jul

TOKYOPLAST 19-Jul

UNITECH 19-Jul

AMARAJABAT 20-Jul

ASIACAP 20-Jul

AVANTI 20-Jul

HDFCBANK 20-Jul

KIRLPNU 20-Jul

has broken trend line resistance of 8850 with higher

bottom formation and closed above 200 DEMA of

8830. Traders can buy on declines with SL 8830. It is

likely to go up to around 9250 to 9290.

Page 10: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

TECHNICAL PICKS – EQUITIES

INFOSYS (BUY):

The stock is trading in upward consolidation channel.

Currently the stock is trading at short term moving

averages (20, 50, 100) & above 200 EDMA of 698 and

can test 770/800 mark.

CMP : 726

TARGET : 800

STOP LOSS : 715

AMRUTANJAN (BUY):

The stock is trading at upper band of upward

consolidation channel. Currently the stock is trading

above all short term & long term moving averages (20,

50, 100, 200) and can test 350/360 mark.

CMP : 309

TARGET : 360

STOP LOSS : 295

Page 11: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return
Page 12: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

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)

Page 13: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

Commodity MonthLTP as on

12.07.2019Strategy Target S/L Technical Comments

Chana Aug 4315

Buy around

sup. Level and

sell around res.

Level

4350/4390 (Res.)4290/4250

(Sup.)

It has made a lower top formation and closed below 200 DEMA of

4340. Traders can sell on rise with Sl 4350. Closes above this level it

can go up to around 4390 to 4450. It can also correct from this level.

Near support levels it can give some bounce.

Guar Gum Aug 9017

Buy around

sup. Level and

sell around res.

Level

9090/9290 (Res.)8870/8750

(Sup.)

It has made a higher bottom formation and closed above 200 DEMA

of 8830. Traders can buy on declines with SL 8870. Closes below this

level it can correct up to around 8830 to 8770. It can also bounce

from this level. It can also correct from resistance levels.

Guar Seed M Aug 4430

Buy around

sup. Level and

sell around res.

Level

4490/4550 (Res.)4390/4350

(Sup.)

It has made a higher bottom formation and closed above 200 DEMA

of 4330. Traders can buy on declines with SL 4390. Closes below this

level it can correct up to around 4350 to 4330. It can also bounce

from this level. It can also correct from resistance levels.

Jeera Aug 17795Buy on

declines

18100/18500

(Res.)

17500/17200

(Sup.)

It has made a higher bottom formation and closed above 50 DEMA of

17300. Traders can buy on declines near support levels with SL

17500. Closes below this level it can correct up to around 17200 to

17100. It can also bounce from these levels. It can also correct from

resistance levels.

Agri Commodities

Page 14: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

Soyabean Aug 3660

Buy around

sup. Level and

sell around res.

Level

3690/3750 (Res.) 3625/3550

(Sup.)

It has made a lower top formation and closed below 50 DEMA of

3670. Traders can sell on rise with SL 3690. Closes above this level it

can go up to around 3750. Traders can also buy on correction near

support levels and consider near support level as SL.

RMSeed Aug 3937

Buy around

sup. Level and

sell around res.

Level

3970/4030 (Res.)3910/3890

(Sup.)

It has made a lower top formation and closed below 200 DEMA of

3945. Traders can sell on rise with SL 3975. Closes above this level it

can go up to aroud 4030 to 4050. It can also bounce from support

levels. Traders can also buy on correction near support levelswith SL

3890.

Soya Oil Ref. Aug 731

Buy around

sup. Level and

sell around res.

Level

740/745 (Res.)725/720

(Sup.)

It has made a lower top formation and closed below 200 DEMA of

737. Traders can sell on rise with SL 740. Closes above this level it can

go up to aroud 745 to 750. It can also bounce from support levels.

Traders can also buy on correction near support levels with SL 725.

Cocud(N) Aug 2834

Buy around

sup. Level and

sell around res.

Level

2870/2930 (Res.)2790/2710

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of

2790. Traders can buy on declines with SL 2790. Closes below this

level it can correct up to around 2710. It can also bounce from these

levels. It can also correct from resistance levels.

Dhania Aug 7115

Buy around

sup. Level and

sell around res.

Level

7190/7270(Res.)7090/6990

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of

7105. Traders can buy on declines with SL 7090. Closes below this

level it can correct up to around 6990 to 6890. It can also bounce

from support levels. Near resistance levels it can give some

correction.

Page 15: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

TMC Aug 6732

Buy around

sup. Level and

sell around res.

Level

6850/6930 (Res.)6650/6470

(Sup.)

It has made a higher bottom formation and closed above 200 DEMA

of 6690. Traders can buy on declines with SL 6650. Closes above this

level it can go up to around 6550 to 6470. It can also bounce from

this level near resistance levels it can give some correction.

Mentha oil (MCX) July 1212

Sell on rise and

buy near

support levels

1220/1250 (Res.)1190/1150

(Sup.)

It has made a lower top formation and closed below 20 DEMA of

1247.Traders can sell on rise with near SL of 1220. Closes above this

level it can go up to around 1240 to 1250. It can also correct from

these levels. Near support levels it can giv some bounce.

CPO (MCX) July 499

Buy around

sup. Level and

sell around res.

Level

510/520 (Res.)490/485

(Sup.)

It has made a lower top formation and closed below 20 DEMA of 505.

Traders can sell on rise with SL 510. Closes above this level it can go

up to around 520. It can also correct from this level. Near support

levels it can give some bounce.

Cardamom Aug 3454

Buy around

sup. Level and

sell around res.

Level

3650/3770 (Res.)3290/3250

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of

3070. Traders can buy on declines with SL 3250. Closes below this

level it can correct up to around 3050. It can also bounce from this

level. Near resistance levels it can give some correction.

Page 16: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

Commodity MonthLTP as on

12.07.2019Strategy Resistance Support Technical Comments

Gold Aug 34905

Buy around

support level

and sell near

resistance

levels

35100/35500

(Res.)

34500/

34100

(Sup.)

Gold has made a higher bottom formation and closed above 20 DEMA of

34120. Traders can buy on declines with SL 34500. Closes below this level

it can correct up to around 34100. It can also bounce from this level. Near

resistance levels it can give some correction.

Silver Sep 38390

Buy around

support level

and sell near

resistance

levels

38550/39200

(Res.)

38100/

37750

(Sup.)

Silver has made a higher bottom formation and closed above 20 DEMA of

37820. Traders can buy on declines with SL 38100. Closes below this level

it can correct up to around 37850 to 37750. It can also bounce from this

level. Near resistance levels it can give some correction.

Copper July 443

Buy around

support level

and sell near

resistance

levels

445/450 (Res.)437/432

(Sup.)

Copper has made a higher bottom formation and closed above 200 DEMA

of 433. Traders can buy on declines with SL 437. Closes below this level it

can correct up to around 432. It can also bounce from this level. Near

resistance levels it can give some correction.

Aluminum July 142.3

Buy around

support level

and sell near

resistance

levels

145/147 (Res.)141/139

(Sup.)

It has made a lower top formation and closed below 50 DEMA of 143.50.

Traders can sell on rise with SL 145. Closes above this level it can go up to

around 147. It can also correct from this level. It can also bounce from

support levels.

Non - Agri Commodities

Page 17: nitial Weekly Newsletter | 14 July - 20 July, 2019 P O · Nifty 500 P/E Ratio Nifty 500 P/BV Ratio . MARKET MOVEMENT Index* Close Pre. Day Return % Week Ago Return % Month Ago Return

Lead July 157

Buy around

support level

and sell near

resistance

levels

159/161 (Res.)155/153

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of

153.50. Traders can buy on declines with SL 155. Closes below this level it

can correct up to around 153. It can also bounce from this level. Near

resistance levels it can give some correction.

Zinc July 194

Buy around

support level

and sell near

resistance

levels

195/199 (Res.) 192/190

(Sup.)

It has made a lower top formation and closed below 200 DEMA of 197.

Traders can sell on rise with SL 195. Closes above this level it can go up to

around 197 to 199. It can also correct from these levels. Near support

levels it can give some bounce.

Nickel July 935

Buy around

support level

and sell near

resistance

levels

950/970 (Res.)920/905

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of

893. Traders can buy on declines with SL 920. Closes below this level it

can correct up to around 905 to 895. It can also bounce from this level.

Near resistance levels it can give some correction.

Crude Oil Aug 4155

Buy around

support level

and sell near

resistance

levels

4190/4250

(Res.)

4090/4020

(Sup.)

Crude oil has made a higher bottom formation and closed above 200

DEMA of 4140. Traders can buy on declines with SL 4090. Closes below

this level it can correct up to around 4050 to 4020. It can also bounce

from this level. Near resistance levels it can give some correction.

Natural Gas July 169

Buy around

support level

and sell near

resistance

levels

170/180 (Res.)165/163

(Sup.)

It has made a higher bottom formation and closed above 20 DEMA of

163.50. Traders can buy on declines with SL 163. Closes below this level it

can correct up to around 160 to 157. It can also bounce from this level.

Near resistance levels it can give some cor