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Welcome NoteThursday

11th April, 2019

Title Page No.

Morning Quantum Global 04-08

Top Picks 09-10

Equity Derivatives 11

Daily Pivot Table (Equity) 12

Compass & Navigator 13-15

Daily Pivot Table (Commodities) 16

Disclaimer 17

CONTENTS

Morning Quantum Global

TOP PICKS

COMPASS & NAVIGATOR

One Stop Investment Avenue

The Right Way to Do the Right Things…Morning Quantum Global newsletter provides insights and themes for Indian equity markets. We also try and cover international themes for the day. This newsletter is quite popular with traders as it covers the most preferred trading strategy for Sensex/Nifty for the day.

In Chart of the day section, we recommend a stock which is likely to move significantly in the short term, clearly defining the supports, the resistances and bias for the stock.

In a nutshell, Morning Quantum Global covers themes and insights for the day.

MORNING Quantum Global

Nifty Outlook

Intraday

Medium Term

Long Term

Key Levels to Watch

Nifty Support

Nifty Resistance

Pivot Level

Nifty

Outlook for the Day

INDICES

Nifty

Bank Nifty

Nifty Auto Index

Nifty FMCG Index

Nifty Infra Index

Nifty IT Index

Nifty Media Index

Nifty Midcap Index

Nifty Metal Index

Nifty Pharma Index

Nifty Reality Index

Nifty Smallcap Index

Sensex

SGX Nifty

One Stop Investment Avenue www.quantumglobal.in


Good Morning & Welcome to Thursday's trading action at Dalal Street,

dated 11th April 2019.

Well, if you're just catching up, then here are the latest developments — and

things you need to know before Dalal Street opens for trade this Thursday

morning.

1.The ECB meeting: The ECB left key rates unchanged and President Mario

Draghi said at a press conference that risks for the region remain to the

downside.

2.The Fed minutes: Minutes from the latest Federal Reserve meeting

signaled that the federal-funds rate target is likely to remain steady this

year as the Fed takes a patient policy approach.

3.The U.S. inflation data: Consumer prices rise at the fastest pace in 14

months.

4.An emergency EU summit on Brexit: A 2-days summit over Brexit is

taking place at Brussels where leaders debate a one-year delay to avoid the

U.K. crashing out without a deal.

5.Subdued global cues: Blame it to IMF global growth downgrade and

fresh trade tensions between the U.S. and Europe that have dented

sentiments. The U.S. and China might be making progress on trade, but

worries about the U.S. and Europe helping negativity. Trump's tweet threat

of $11 billion in ‘tariffs on European Union products’.

6.The theme of the day will continue to revolve around IMF scaling down

India's growth projection for current fiscal to 7.3% from its earlier forecast

of 7.4 %.

7. Oil prices near five-month high. The street remains cautious around

potential supply outages tied to civil unrest in Libya.

Amidst these uninspiring catalysts, drawing chatter this morning is the big

question — Will Nifty hit fresh all-time-high Or is it the time to worry??

Honestly speaking, it is fair to say that the benchmark Nifty is detached

from fundamentals right now!

The only good news for the bulls' camp is that the foreign investors (FIIs)

remained net buyers in Indian capital markets in yesterday's trade, putting in Rs

1429.92 crore on a net basis. Interestingly, the DIIs too bought 461.29 crore in

yesterday's trade.

Nice to see FIIs maintaining their conviction at our stock markets especially in a

falling market, and that should give some boost and hope to bulls camp.

Hence, our call of the day suggests it may be safe to wade back into Dalal Street

only If Nifty moves above 11,701 mark. Until then downside risk for Nifty at 11471

mark.

Makes sense to keep a low profile for the day as commanding attention would be

TCS & INFY which officially set afire the ceremonial starter's pistol for the fourth

quarter corporate earnings season on Friday.

11584 -0.75%

29804 -1.03%

8645 0.25%

29995 -0.08%

3183 -0.66%

15999 -0.76%

2404 -0.28%

5039 -0.54%

3105 -0.91%

9408 0.80%

277 1.13%

6677 0.32%

38585 -0.91%

11679 0.23%

Hurdles at 11761 zone

Neutral (11521-11651)

Neutral (11251-11951)

Positive (12501)

11539 & 11471.

11701 & 11761

11901



Technical StrategyInvestors will be looking at upcoming quarterly earnings from big names to help

justify the lofty market valuations and management commentary on global

growth.

Outlook for Thursday: Be Nimble. Aggressive

buying advised only above Nifty 11761.

Now, before we get into detail, let’s check out news and analysis which we need

to know before Dalal Street opens for trade this Thursday morning!

There is not much in the way of big developments in today's trade, so traders will

position themselves for INFY & TCS Q4 results which will trickle in on 12th April

2019. Investors will await signs of progress on trade and fresh catalysts to extend

a global rally.

Sentiments could turn volatile ahead of National elections which will start to take

centre stage. The much awaited event, the general elections will begin with first

phase on April 11.

Nifty's make-or-break support for today's trade is at 11539. Below 11539 mark,

Nifty likely to slip towards 11471 mark.

STOCKS TO WATCH:

• Our chart of the day suggests establishing long positions in stocks like

KOTAK BANK & TATA MOTORS on any early weakness.

• Amongst momentum stocks on buy side, we suspect, POLYPLEX could be a

dark horse with inter-month perspective! The technicals & fundamentals

are shifting in favor of bulls camp. CMP 517. Targets at 581.

• BULLISH STOCKS: TATA MOTORS, RELIANCE INDUSTRIES, KOTAK

BANK, UFLEX, POLYPLEX, JK PAPER, INTERNATIONAL PAPER, TATA STEEL,

• BEARISH STOCKS: CANFIN HOMES, UPL, ASHOK LEYLAND

• SHOW ME THE MONEY:

Option Trade: SELL JSW STEEL 25th APRIL CE Strike Price 300 at CMP

5.05. Maximum Profit: Rs. 7,575/-. Loss: Unlimited. Stop: Exit CALL option

if JSW STEEL moves above 299.50. (JSW STEEL April Futures CMP 290).

• Stocks banned in F&O segment for today: ADANI POWER, DLF, IDBI,

JETAIRWAYS, PC JEWELLER, RPOWER, WOCKPHARMA.

NEW ISSUE (IPO):

• Polycab India IPO subscribed 52 times on Day 3, biggest since HDFC AMC.

Polycab is the first issue of 2019 to see subscription of 10 times or more.

• RVNL - IPO Listing Update

• IPO Price Fixed @ Rs.19

Polyplex corporation, incorporated in 1984 is an

Indian MNC in packaging sector. The firm is one of

the largest global integrated manufacturer of thin

PET film which includes BOPP, Thin-PET, Blown

P/PE, and special CPP films. Polyplex supplies to

1600 customers in 70 countries and having

manufacturing & distribution operations in five

countries India, Thailand, Turkey, U.S.A., and

China.

The Company remains financially strong and

confident about the future of this industry. A

geographically diversified presence along with an

extensive product offering and a widespread

customer base should help it to ensure higher

sustainability in earnings. A new Metallizer in the

US, a second Blown Polypropylene film line in

Thailand and new Offline Coater in India besides

ongoing investments in Holography capacity

should provide further impetus to operations and

margins.

The stock price looks interesting at CMP amidst

lower valuation with respect to its asset, cash on

book and recent spectacular higher profits.

Equity capital is at Rs. 32 Cr. with promoters stake

at 50%, FIIs hold 5.15% and MFs 2.16%.

Polyplex also holds a controling stake of 51% in

its Thailand Subsidary.

Technical Outlook: Zooming into the Monthly,

Quarterly & Yearly chart, we see the stock is

signaling a breakout above its all-time-high

placed at 668. A breakout play candidate.

Establish longs at CMP; and on dips to 475-485

zones, targeting 601 and then aggressive targets

at 751+.

POLYPLEX

Action

Target

Support

Resistance

Holding Period

533

BUY

667.5

501/449

571/677

60 Days



• Ret @ Rs.18.50 ( after Retail Discount of Rs.0.50 )

• NII @ Rs.19

• Listing On BSE & NSE.

• Listing Dt. : Thursday 11 Apr, 2019.

FII/DII & OPTIONS DATA:

• As per Wednesday’s Provisional Data available on the NSE, FII’s bought shares worth Rs. 1429.92 crores in the Indian Equity

Market. DIIs too bought shares worth Rs. 461.29 crores in the Indian Equity market.

• As per option data, key resistance level for the April series for Nifty are at 12,000 strike price as maximum call open interest of

32.17 lakh contract were seen at the 12,000 strike price followed 11,800 strikes. Key support level for the December series is

at 11,500 as Maximum Put open interest of 23.28 lakh contracts were seen at the 11,500 strike price.

GLOBAL CUES:

• U.K.'s Prime Minister Theresa May was set to travel to meet German Chancellor Angela Merkel and French President

Emmanuel Macron to discuss the prospect of a longer delay to the country’s planned divorce from the European Union.

• In Wednesday’s session at Wall Street, the benchmark indices ended in green after spending much of the day mixed. The

minutes from the Federal Reserve’s March meeting reassured investors that the central bank is in no hurry to resume raising

interest rates. That said, threat of a fresh escalation of tensions on tariffs with the European Union was on traders backdrop.

Meanwhile, the Dow Jones index & the S&P 500 are now just 1.5% away from all-time closing high.

Investors continued to monitor trade talks between the U.S. and China which are reportedly in the final stretch. Meanwhile,

Yields on 10-year bonds have gained considerably since their inversion 10-days back.

POLITICAL CUES:

• The seven-phase election will be held across the country between 11 April and 19 May and results will be announced on 23

May.

• The street is quite optimistic that Narendra Modi-led government will come back to power after the general elections 2019.

Optimists appear to be betting that Modi’s re-election will boost investment activity in sectors such as construction and

infrastructure.

MACRO CUES:

• Industrial Production data for February and CPI Inflation for March will trickle in on April 12 after market hours. The inflation

will continue to be a key point to look at in coming months as RBI indicated that there is more room for further rate cut after

lowering repo rate by 25 bps in its April policy meet, and reduced its CPI inflation forecast for Q4 FY19 as well as for Fy20.

• The Foreign Exchange Reserve data for the week ended April 5, and Deposit and Bank Loan growth for the fortnight that

ended on March 29 will be announced on April 12th.

COMMODITY CUES:

• GOLD ($1313): Support now seen 1285-1289 zone. Major intermonth hurdles now seen at 1368. Interweek Strategy: Buy

between 1297-1305 zone, targeting 1318 and then at 1359-1368 zone with stop below 1291.



• WTI CRUDE-OIL (63.95): Bias continues to be positive. Key support now at 59.75 zone. Hurdles at 63. Interweek strategy:

Establish buy positions between 62.50-63.10 zone, targeting 65 zone and then at 67-67.50 zone with strict stop at 60.75.

• MCX COPPER (447.50): Interweek strategy: Establish long positions at CMP, targeting 459-463 zone and then aggressive

targets at 471-477 zone with stop at 429.

CURRENCIES & BONDS:

• In Wednesday's trade, the Indian Rupee had appreciated by 18 paise against the dollar to close at 69.11.

Technically, USD/INR faces major hurdles at 70.45. Major strength seen only above 70.45. Interweek Strategy: Aggressive

traders can look to buy between 68.75-69 zone, targeting 70.05 and then 70.45. Stop 68.21.

WHAT TECHNICALS TELLS US ON NIFTY:

• In Wednesday's trade, the benchmarks tanked hard in a volatile trade.

• Nifty continues to trade way above its 21 DMA & 200 DMA placed at 11525 & 10961 mark respectively.

• The market breadth, indicating the overall health of the market was negative in Wednesday's trade. The BSE Mid-Cap index

fell 0.33%. The BSE Small-Cap index fell 0.02%.

• Technically speaking, medium term supports on Nifty are placed at 11171 zone. Only on any move below 11,171 will the

technical conditions deteriorate with aggressive targets at 10,583 mark.

• Intraday support seen at 11539 and then at 11471 mark.

• Intraday hurdles are at 11689 and then at 11761 and then major hurdles seen at 11821-11845 zone.

• The medium term price action for Nifty is suggesting that we are likely to see a 11301-11,901 range in near

term with neutral bias.

• Nifty's immediate line of sand at 11761 mark.

Bulls Vs. Bears: Time to Pick a Side!!

Positive start. Sell on any early strength?

A. Preferred trade on Nifty (11584): Sell

between 11625-11651 zone. Targets

11549/11471. Stop 11761.

B. Preferred trade on Bank Nifty (29804): Sell

between 30000-30100 zone. Targets

29701/29121. Stop 30351.

Daily Chart of Nifty:

The Journey of life is sweeter when traveled by…Quantum Global Top Picks

TOP PICKS (F & O) It's like having investment binoculars !

Quantum Global Top Picks: It's like having Investment binoculars!!

When we want to see what's happening far off, we will reach for the binoculars. The binocular helps us to steer out of danger and also accurately spots our targets.

When it comes to trading / investing, that's exactly how Quantum Global Top Picks helps us to identify the best five momentum stocks for the week. This daily newsletter introduces to the momentum stocks from the list of Future & Option segment, defining their support and resistance levels, and attempts to forecast their movement with a short /medium term perspective.


R2STOCKS LTP S1 S2 R1 TRADING STRATEGYBIAS

TOP PICKS (F & O) It's like having investment binoculars !


KOTAK BANK witnessing a probable 'Flag Pattern' breakout on weekly charts. Confirmation of strength above 1367. Interweek Strategy: Buy between 1337-1345 zone, targeting 1367/1421. Stop 1311.

Momentum oscillators signaling strength. Key support seen at 198. Interweek Strategy: Buy between 211-213 zone, targeting 221/232/251. Stop 205.

Overbought conditions prevail on daily charts. Key support seen at 311-315 zone. Interweek Strategy: Sell between 355-361 zone. Targets 335/311. Stop 377.

JSW STEEL ended on a negative note in yesterday's trade, down 1.03%. Key intraday hurdles seen at 301. Intraday Strategy: Sell between 292-295 zone. Targets 283/271. Stop 303.

The intraday risk is on the downside with immediate targets at 901. Momentum oscillators signaling major weakness. Intraday Strategy: Sell between 933-937 zone. Targets 901/891. Stop 955.

TATA MOTORS: The 1 Stock To Buy Right Now With InterWeek Perspective.

KOTAK BANK

TATA MOTORS

CANFINA HOMES

JSW STEEL

UPL

1349 1317 1297 1367 1421 Positive

216 210 198 232 251 Positive

347 339 311 361 371 Negative

288.55 283 271 295 301 Negative

926 901 891 941 955 Negative

Derivatives Strategies

Nifty Spot

VIX

Premium

Nifty Future OI

Cash Volumes (INR in Cr.)

YesterdayDay Before Yesterday

Derivatives Vol.(INR in Cr.)

No of contracts

Turnover (Rs. In cr.)

BSE Cash Vol. (Rs. in Cr)

NSE Cash Vol.(Rs. in Cr)

NSE Derivative Vol. (Rs. in Cr)

Index Future Volumes

Stock Future Volumes

Index Option Volumes

Stock Option Volumes

Total


EQUITY DERIVATIVESLooking into the future from present.

Changes in Open Interest (OI) in yesterday’s trade.

Major Changes in Nifty Options (OI)

Bank Nifty Spot

Bank Nifty OIFuture

Future Call: BUY UJJIVAN APRIL FUTURES between 332-334.50

zone . Targets at 341 and then at 350. Stop: 326.75. Holding

Period: Intraday. Analyst’s Remark: Momentum Play (Ujjivan April

Futures CMP 338.45).

Option Call: BUY MC DOWELL APRIL CE Strike Price 560 at CMP

11.85. Profit: Unlimited. Maximum Loss: Rs. 14,821.50/-. Stop: Exit

Call option if Mc Dowell moves below 541. (MC DOWELL April

Futures CMP 549.30).

11584.30 (-0.75%)

29803.50 (-1.03%)

21.13 (-4.19%)

+69 vs +75

1.57 crores (-1.15%)

19.48 lakhs (-1.18%)

2835.12 2355.96

36842.8 30493.34

1159692 974652

265718 19089

756964 47118

15633663 1051442

655523 42043

17311868 1159692

Calls in lakhs (% Change)

11800 19.95 (+10%)

11900 15.92 (+4%)

12000 32.18 (+12%)

Puts in lakhs (% Change)

11500 23.28 (-4%)

11600 17.27 (-1%)

11700 13.66 (-5%)

Thursday11th April, 2019

Market Summary:

• Nifty 25th April Futures ended Wednesday's session at a premium

of +69 vs +75.

• The 25th April expiry Put- Call Open Interest Ratio was at 1.19 for

Nifty whereas it was 1.06 for Bank Nifty.

• The 25th April expiry Put-Call Volume Ratio was at 1.03 for the

Nifty and 1.09 for Bank Nifty.

• For Nifty, Maximum Call Open Interest (OI) stands at 12000 Strike

Price, followed by 11800 Strike Price for 25th April Series. Short

buildup was seen at strike prices 11600-12000.

• Maximum Put Open Interest (OI) was seen at strike price 11000

followed by 11500 strike price for 25th April series. Short covering

was seen at strike prices 11600-11900.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 30500

Strike Price and Maximum Put Open Interest stands at 30000

Strike Price.

• As per Wednesday’s Provisional Data available on the NSE, FII’s

bought shares worth Rs. 1429.92 crores in the Indian Equity

Market. DIIs too bought shares worth Rs. 461.29 crores in the

Indian Equity market..

• Long Buildup: TATA MOTORS, UJJIVAN, AUROPHARMA, WIPRO.

• Short Buildup: HDFC BANK, HINDALCO, ICICI BANK, IBHSGFIN.

• Short Covering: IOC, HUL, MCDOWELL, M&M.

• Long Unwinding: TATA STEEL, CANBK, REC, INFY.

• Stocks banned in F&O segment for today: ADANI POWER, DLF,

IDBI, JETAIRWAYS, PC JEWELLER, RPOWER, WOCKPHARMA.

• New In Ban: NIL.

• Out of Ban: NIL.

All level indicated above are based on cash market prices.

Pivot Point

PP : Pivot Point : This is trigger point for weekly buy/sell based on the price range of the previous week.R1 : Resistance one : 1st Resistance over PP. R2 : Resistance two : 2nd Resistance over R1.S1 : Support one : 1st support after PP. S2 : Support Two : 2nd support after S1.

As per the tool, the trader should take BUY position just above PP and keep the stop loss of PP and the first target would be R1.If R1 is crossed then R2 becomes the next target with the stop loss at R1.

Similarly if price goes below PP the trader should SELL and keep the PP as Stop loss and the first target would be S1.

If S1 is crossed then S2 becomes the next target with the stop loss at S1.This is a trading tool. The key to use of this tool is the use of STOP LOSS.

Instrument Close S1 S2 R1 R2 200 Day SMA Reversal Point Trend


DAILY PIVOT TABLE Thursday11th April, 2019

NIFTY 11582.75 11542.98 11503.22 11651.28 11719.82 11611.52 10959.99 UP

BANKNIFTY 29792.45 29655.12 29517.78 30042.77 30293.08 29905.43 27046.94 UP

NIFTYMID50 5035.5 5018.48 5001.47 5065.58 5095.67 5048.57 4836.6 UP

ACC 1640 1628.03 1616.07 1653.93 1667.87 1641.97 1476.66 UP

ADANIENT 142.1 140.3 138.5 145.65 149.2 143.85 143.33 DOWN

ADANIPORTS 385 378.33 371.67 388.53 392.07 381.87 360.53 UP

AJANTPHARM 1010.55 1004.75 998.95 1020.15 1029.75 1014.35 1079.28 DOWN

ALBK 53.3 52.77 52.23 53.92 54.53 53.38 44.04 UP

AMARAJABAT 686 671.57 657.13 694.97 703.93 680.53 760.37 DOWN

ANDHRABANK 29.2 28.95 28.7 29.6 30 29.35 29.07 UP

APOLLOTYRE 215.55 214.28 213.02 218.03 220.52 216.77 232.85 DOWN

ARVIND 87.9 86.93 85.97 89.73 91.57 88.77 240.32 DOWN

ASHOKLEY 91.65 90.6 89.55 92.5 93.35 91.45 107.89 DOWN

ASIANPAINT 1409 1392.57 1376.13 1438.22 1467.43 1421.78 1358.83 UP

AUROPHARMA 790.7 780.15 769.6 801.35 812 790.8 724.98 UP

AXISBANK 760.5 756.37 752.23 766.27 772.03 762.13 631.4 UP

BAJAJ-AUTO 2936 2913.57 2891.13 2955.22 2974.43 2932.78 2765.5 UP

BAJAJFINSV 7445 7378.33 7311.67 7478.33 7511.67 7411.67 6308.28 UP

BAJFINANCE 2995 2975 2955 3026 3057 3006 2566.78 UP

BALKRISIND 965 957.83 950.67 977.58 990.17 970.42 1021.59 DOWN

BALRAMCHIN 136.6 135.03 133.47 137.93 139.27 136.37 97.62 UP

BANKBARODA 129.5 128.17 126.83 131.77 134.03 130.43 118.72 UP

BANKINDIA 100.5 99.3 98.1 102.6 104.7 101.4 90.53 UP

BATAINDIA 1393 1385.75 1378.5 1403.85 1414.7 1396.6 1068.57 UP

BEL 95.5 94.67 93.83 96.57 97.63 95.73 93.37 UP

BEML 972.95 962.87 952.78 982.37 991.78 972.28 800.97 UP

BERGEPAINT 319.1 316.4 313.7 324.4 329.7 321.7 309.34 UP

BHARATFIN 1107.3 1097.57 1087.83 1117.47 1127.63 1107.73 1047.3 UP

BHARATFORG 496.45 492.18 487.92 504.58 512.72 500.32 561.45 DOWN

BHARTIARTL 338.45 332.83 327.22 349.23 360.02 343.62 333.99 UP

BHEL 71.95 71.33 70.72 72.93 73.92 72.32 70.29 UP

BIOCON 628.2 615.75 603.3 638.7 649.2 626.25 624.43 UP

BPCL 359 354.73 350.47 361.63 364.27 357.37 351.19 UP

BRITANNIA 2962 2943.87 2925.73 2987.57 3013.13 2969.43 4706.56 DOWN

BSOFT 99.25 97.87 96.48 101.07 102.88 99.68 210.84 DOWN

CANBK 281.05 278.65 276.25 285.15 289.25 282.75 255.8 UP

CANFINHOME 348.4 343.33 338.27 356.38 364.37 351.32 292.07 UP

CASTROLIND 164.95 163.77 162.58 166.92 168.88 165.73 155.55 UP

CEATLTD 1098 1086.75 1075.5 1109.1 1120.2 1097.85 1228.08 DOWN

CENTURYTEX 899.45 885 870.55 909.2 918.95 894.75 871.54 UP

CESC 717.9 710.23 702.57 730.33 742.77 722.67 794.14 DOWN

CGPOWER 38.4 38.05 37.7 39.1 39.8 38.75 45.36 DOWN

CHENNPETRO 254.4 251.6 248.8 257.6 260.8 254.8 272.69 DOWN

CHOLAFIN 1469 1455.87 1442.73 1493.57 1518.13 1480.43 1323.15 UP

CIPLA 546.45 534.25 522.05 555.2 563.95 543 576.68 DOWN

COALINDIA 239.9 237.9 235.9 242.4 244.9 240.4 254.53 DOWN

COLPAL 1213.05 1203.08 1193.12 1230.13 1247.22 1220.17 1197.37 UP

CONCOR 519.4 514.73 510.07 524.78 530.17 520.12 613.96 DOWN

CUMMINSIND 746.75 732.37 717.98 756.02 765.28 741.63 737.57 UP

DABUR 402.95 399.88 396.82 407.38 411.82 404.32 419.88 DOWN

DALMIABHA 2372.9 2253.3 2133.7 2518.25 2663.6 2398.65 2565.05 DOWN

DCBBANK 197.4 195.97 194.53 199.27 201.13 197.83 170.96 UP

DHFL 167.2 163.63 160.07 171.83 176.47 168.27 334.32 DOWN

DISHTV 37.6 36.7 35.8 38.15 38.7 37.25 48.95 DOWN

DIVISLAB 1723.3 1708.7 1694.1 1735.2 1747.1 1720.6 1406.65 UP

DLF 180.05 175.67 171.28 187.82 195.58 183.43 180.99 DOWN

DRREDDY 2762 2726.77 2691.53 2816.57 2871.13 2781.33 2517.21 UP

EICHERMOT 20945 20703.33 20461.67 21133.33 21321.67 20891.67 23934.1 DOWN

ENGINERSIN 116.4 115.07 113.73 118.32 120.23 116.98 119.6 DOWN

EQUITAS 133.75 131.07 128.38 135.87 137.98 133.18 127.41 UP

ESCORTS 775.5 768.28 761.07 783.78 792.07 776.57 740.38 UP

EXIDEIND 219.9 217.13 214.37 222.23 224.57 219.47 251.87 DOWN

FEDERALBNK 97.75 97.03 96.32 98.78 99.82 98.07 84.58 UP

FORTIS 135.7 135.22 134.73 136.22 136.73 135.73 139.33 DOWN

GAIL 337.5 334.92 332.33 342.22 346.93 339.63 352.44 DOWN

GLENMARK 647.6 638.78 629.97 655.63 663.67 646.82 627.89 UP

GMRINFRA 18.6 18.17 17.73 18.97 19.33 18.53 16.87 UP

GODREJCP 663.7 660.22 656.73 667.82 671.93 664.33 786.83 DOWN

GODREJIND 528.3 524.87 521.43 533.87 539.43 530.43 542.66 DOWN

GRANULES 113.2 112.07 110.93 113.77 114.33 112.63 97.57 UP

GRASIM 845.65 838.02 830.38 853.52 861.38 845.88 886.05 DOWN

GSFC 104.75 103.15 101.55 106.4 108.05 104.8 105.16 DOWN

HAVELLS 759.8 753.48 747.17 765.53 771.27 759.22 665.66 UP

HCC 14.2 14.02 13.83 14.52 14.83 14.33 12.7 UP

HCLTECH 1099.15 1088.47 1077.78 1117.57 1135.98 1106.88 1009.54 UP

HDFC 2029.95 2014.03 1998.12 2056.93 2083.92 2041.02 1906.37 UP

HDFCBANK 2236.9 2217.27 2197.63 2270.27 2303.63 2250.63 2094.7 UP

HDIL 27 26.57 26.13 27.67 28.33 27.23 23.88 UP

HEROMOTOCO 2591.95 2579.5 2567.05 2611.7 2631.45 2599.25 3010.83 DOWN

HEXAWARE 346.1 343.83 341.57 350.43 354.77 348.17 383.33 DOWN

HINDALCO 211.65 208.62 205.58 215.72 219.78 212.68 218.22 DOWN

HINDPETRO 255.8 253.8 251.8 258.8 261.8 256.8 248.74 UP

HINDUNILVR 1695.9 1679.05 1662.2 1708.7 1721.5 1691.85 1706.79 DOWN

HINDZINC 281.95 280.38 278.82 284.83 287.72 283.27 275.11 UP

IBREALEST 119.05 110.13 101.22 124.93 130.82 116.02 104.47 UP

IBULHSGFIN 824.7 813.33 801.97 842.73 860.77 831.37 918.69 DOWN

ICICIBANK 393.35 391.1 388.85 397.2 401.05 394.95 339.66 UP

ICICIPRULI 363.65 357.82 351.98 369.12 374.58 363.28 344.76 UP

ICIL 49.7 48.03 46.37 51.53 53.37 49.87 61.57 DOWN

IDBI 43.95 43.32 42.68 44.42 44.88 43.78 55.4 DOWN

IDEA 16.3 16.02 15.73 16.87 17.43 16.58 40.08 DOWN

IDFC 46.65 46.2 45.75 47.4 48.15 46.95 42.84 UP

IDFCFIRSTB 54.75 54.22 53.68 55.17 55.58 54.63 42.62 UP

IFCI 12.8 12.68 12.57 12.98 13.17 12.87 14.32 DOWN

IGL 310.55 307.25 303.95 313.85 317.15 310.55 274.1 UP

INDIACEM 107.6 106.35 105.1 109.5 111.4 108.25 99.32 UP

INDIANB 271.65 268.6 265.55 276.1 280.55 273.05 270.71 UP

INDIGO 1393.65 1376.78 1359.92 1417.88 1442.12 1401.02 1070.56 UP

INDUSINDBK 1749 1734.48 1719.97 1771.23 1793.47 1756.72 1689.45 UP

INFIBEAM 45.6 42.67 39.73 47.22 48.83 44.28 93.69 DOWN

INFRATEL 315.75 313.53 311.32 318.08 320.42 315.87 283.71 UP

INFY 753.45 747.6 741.75 763 772.55 757.15 702.29 UP

IOC 156.55 153.88 151.22 158.78 161.02 156.12 146.81 UP

IRB 137.75 135.53 133.32 141.68 145.62 139.47 159.28 DOWN

ITC 294.65 293.25 291.85 296.3 297.95 294.9 286.36 UP

JETAIRWAYS 262.1 256.08 250.07 270.63 279.17 264.62 266.7 DOWN

JINDALSTEL 182.95 180.37 177.78 186.22 189.48 183.63 178.66 UP

JISLJALEQS 56.9 55.95 55 58 59.1 57.05 69.79 DOWN

JPASSOCIAT 5.6 5.52 5.43 5.77 5.93 5.68 8.85 DOWN

JSWENERGY 72.6 71.58 70.57 73.58 74.57 72.57 67.37 UP

JSWSTEEL 287.85 285.52 283.18 291.97 296.08 289.63 321.27 DOWN

JUBLFOOD 1409 1398.42 1387.83 1426.77 1444.53 1416.18 1315.77 UP

JUSTDIAL 582.8 575.87 568.93 591.87 600.93 584.93 523.17 UP

KOTAKBANK 1350 1336.05 1322.1 1365.95 1381.9 1352 1251.07 UP

KSCL 473.6 467.43 461.27 478.88 484.17 472.72 540.47 DOWN

KTKBANK 132.2 129.97 127.73 135.02 137.83 132.78 113.36 UP

L&TFH 145 142.85 140.7 148.3 151.6 146.15 146.17 DOWN

LICHSGFIN 528.75 520.52 512.28 543.22 557.68 534.98 479.15 UP

LT 1371.05 1363.37 1355.68 1380.37 1389.68 1372.68 1325.84 UP

LUPIN 805.2 797 788.8 815.45 825.7 807.25 847.53 DOWN

M&M 669.95 663.7 657.45 675.6 681.25 669.35 791.56 DOWN

M&MFIN 411.75 409 406.25 416 420.25 413.25 437.84 DOWN

MANAPPURAM 119.75 117.77 115.78 122.47 125.18 120.48 96.8 UP

MARICO 360 356.77 353.53 362.87 365.73 359.63 350.5 UP

MARUTI 7181 7144.08 7107.17 7218.43 7255.87 7181.52 7776.34 DOWN

MCDOWELL-N 547 542.33 537.67 552.78 558.57 548.12 586.73 DOWN

MCX 769.25 759 748.75 781.75 794.25 771.5 752.49 UP

MGL 995.15 988.18 981.22 1009.08 1023.02 1002.12 877.61 UP

MOTHERSUMI 148.1 146.43 144.77 150.48 152.87 148.82 175.38 DOWN

MRF 57378.1 56968.73 56559.37 58118.73 58859.37 57709.37 66372.45 DOWN

MRPL 70.5 69.63 68.77 71.13 71.77 70.27 75.25 DOWN

MUTHOOTFIN 608 603.97 599.93 615.02 622.03 610.98 468.68 UP

NATIONALUM 56.15 55.62 55.08 57.12 58.08 56.58 62.77 DOWN

NBCC 60.7 60.22 59.73 61.57 62.43 61.08 61.92 DOWN

NCC 102.6 101.08 99.57 105.03 107.47 103.52 88.97 UP

NMDC 104.25 103.57 102.88 105.37 106.48 104.68 103.26 UP

NTPC 134.45 133.5 132.55 136.2 137.95 135.25 151.34 DOWN

OIL 178.5 177.45 176.4 179.8 181.1 178.75 192.47 DOWN

ONGC 158.35 156.78 155.22 159.93 161.52 158.37 155.58 UP

ORIENTBANK 110.75 109.25 107.75 112.35 113.95 110.85 84.45 UP

PCJEWELLER 96.7 92.98 89.27 98.93 101.17 95.22 82.58 UP

PEL 2676.4 2635.97 2595.53 2705.87 2735.33 2665.43 2443.22 UP

PETRONET 235.65 233.95 232.25 238.65 241.65 236.95 223.46 UP

PFC 120.25 118.83 117.42 121.33 122.42 119.92 93.98 UP

PIDILITIND 1281 1271.93 1262.87 1288.13 1295.27 1279.07 1107.62 UP

PNB 93.25 92.55 91.85 94.45 95.65 93.75 77.44 UP

POWERGRID 198.5 197.62 196.73 199.52 200.53 198.63 189.25 UP

PTC 73.9 73.42 72.93 74.52 75.13 74.03 79.55 DOWN

PVR 1698 1671.78 1645.57 1722.43 1746.87 1696.22 1429.08 UP

RAMCOCEM 756.1 746.17 736.23 763.87 771.63 753.93 649.54 UP

RAYMOND 777.8 771.23 764.67 788.13 798.47 781.57 788.41 DOWN

RBLBANK 675.1 667.07 659.03 681.17 687.23 673.13 573.56 UP

RCOM 2.9 2.9 2.9 2.9 2.9 2.9 12.19 DOWN

RECLTD 150.4 148.9 147.4 152.7 155 151.2 117.34 UP

RELCAPITAL 187.05 183.72 180.38 191.17 195.28 187.83 276.43 DOWN

RELIANCE 1330.85 1322.23 1313.62 1343.73 1356.62 1335.12 1175.3 UP

RELINFRA 131.6 129.7 127.8 133.9 136.2 132 305.29 DOWN

REPCOHOME 444.05 439.12 434.18 453.92 463.78 448.98 451.21 DOWN

SAIL 57.85 57.1 56.35 59.15 60.45 58.4 62.97 DOWN

SBIN 310.7 308.12 305.53 315.17 319.63 312.58 284.23 UP

SHREECEM 18925.2 18660.55 18395.9 19129.3 19333.4 18864.65 16601.97 UP

SIEMENS 1163.3 1148.57 1133.83 1173.47 1183.63 1158.73 992.11 UP

SOUTHBANK 17.25 17.02 16.78 17.57 17.88 17.33 16.17 UP

SREINFRA 28.95 28.67 28.38 29.37 29.78 29.08 39.22 DOWN

SRF 2453 2436.68 2420.37 2478.28 2503.57 2461.97 2004.69 UP

SRTRANSFIN 1196 1174.37 1152.73 1227.52 1259.03 1205.88 1197.15 DOWN

STAR 494.55 485.75 476.95 505.7 516.85 496.9 442.89 UP

SUNPHARMA 472.5 466.6 460.7 479.15 485.8 473.25 519.47 DOWN

SUNTV 595.6 587.07 578.53 611.07 626.53 602.53 652.8 DOWN

SUZLON 6.7 6.6 6.5 6.85 7 6.75 6.19 UP

SYNDIBANK 41.8 41.23 40.67 42.73 43.67 42.17 37.37 UP

TATACHEM 608.55 601.25 593.95 615.25 621.95 607.95 669.87 DOWN

TATACOMM 585 579.57 574.13 589.37 593.73 583.93 540.27 UP

TATAELXSI 964.55 958.12 951.68 973.87 983.18 967.43 1113.34 DOWN

TATAGLOBAL 208.6 206.93 205.27 211.08 213.57 209.42 221.24 DOWN

TATAMOTORS 215.9 208.53 201.17 220.33 224.77 212.97 208.07 UP

TATAMTRDVR 101.95 99.57 97.18 103.92 105.88 101.53 112.15 DOWN

TATAPOWER 71.3 70.2 69.1 72.8 74.3 71.7 72.64 DOWN

TATASTEEL 544.1 537.4 530.7 555.1 566.1 548.4 538.16 UP

TCS 2043.4 2024.43 2005.47 2073.93 2104.47 2054.97 1974.88 UP

TECHM 790.05 784.38 778.72 797.33 804.62 791.67 722.77 UP

TITAN 1100.8 1087.87 1074.93 1109.37 1117.93 1096.43 927.01 UP

TV18BRDCST 35.25 34.65 34.05 36.1 36.95 35.5 39.34 DOWN

UBL 1400.5 1392.38 1384.27 1416.23 1431.97 1408.12 1298.76 UP

UJJIVAN 339.3 329.13 318.97 344.48 349.67 334.32 299.07 UP

ULTRACEMCO 4135 4113.35 4091.7 4163.3 4191.6 4141.65 3905.65 UP

UNIONBANK 93.35 92.45 91.55 95.05 96.75 94.15 80.77 UP

UPL 923.7 916.23 908.77 938.33 952.97 930.87 732.73 UP

VEDL 189 185.78 182.57 191.98 194.97 188.77 202.94 DOWN

VGUARD 220.65 217.95 215.25 222.9 225.15 220.2 202.64 UP

VOLTAS 608.55 604.63 600.72 614.48 620.42 610.57 558.03 UP

WIPRO 281.15 276.83 272.52 283.63 286.12 279.32 311.43 DOWN

WOCKPHARMA 442.4 437.87 433.33 449.22 456.03 444.68 525.65 DOWN

YESBANK 268.55 265.55 262.55 273.5 278.45 270.5 256.87 UP

ZEEL 412.3 406.68 401.07 417.28 422.27 411.67 466.35 DOWN


The Compass …Direction at a glance

A true Magic Carpet to sail over Global Trends…

with Quantum Global

Compass & Navigator

Compass & Navigator is a daily newsletter that provides technical update on all the major instruments of the world like Gold, Silver, Crude Oil, US Dollar Index and USD/INR. We define their support and resistance levels and attempt to forecast their movement with a short / medium term perspective. Also in the report, a trader will find bias for the mentioned instruments.

This newsletter is also quite popular with a market participant who loves to have insight & theme on MCX Gold, MCX Silver as well MCX Crude-Oil.

TRADING STRATEGYLTP S1 S2 R1 R2 Bias

MCX GOLD

MCX SILVER

MCX CRUDE OIL

MCX COPPER

MCX NATURAL GAS

USD-INR


The Compass …Direction at a glance

Instrument

Key supports now seen at 31501-31751 zone. Interweek strategy: Buy only on sharp declines between 31601-31801 zone, targeting 32451 and then at 32951-33144 zone with stop at 31251.

Hurdles now at 40001 mark. Interweek strategy: Buy at CMP, targeting 39201 and then at 40001 mark with stop at 37201.

Interweek strategy: Buy between 4321-4351 zone, targeting 4501 mark and then aggressive targets at 4701-4777 zone with stop at 4110.

Interweek strategy: Establish long positions at CMP, targeting 459-463 zone and then aggressive targets at 471-477 zone with stop at 429.

Natural Gas prices seen at oversold conditions. Support now seen at 175-181 zone. Interweek strategy: Establish long positions at CMP, targeting 205 and then at 221-225 zone with stop at 181.

Technically, USD/INR faces major hurdles at 70.45. Major strength seen only above 70.45. Interweek Strategy: Aggressive traders can look to buy between 68.85-69.01 zone, targeting 70.05 and then 70.45. Stop 68.51.

32280 31501 31101 32451 33144 Neutral

37860 37211 36901 39201 40001 Neutral

4476 4341 4110 4501 4777 Positive

448 437 421 463 477 Positive

187.00 181.00 175.00 197.00 225.00 Neutral

69.11 68.85 68.05 69.60 70.45 Positive

MCX GOLD: Positive bias as long as 31101 support is held. Confirmation of strength only above 32451.

TRADING STRATEGYLTP S1 S2 R1 R2

GOLD $

SILVER ($)

WTI CRUDE OIL ($ )

EUR/USD

Bias

DOW JONES

US Dollar Index


The Navigator …Sailing global trend

Instrument

Gold: The yellow metal logs gains for fourth straight session. Positive bias to continue. Targets at $1368.

1313 1295 1285 1325 1368 Positive

15.29 14.91 14.45 15.65 16.09 Neutral

64.64 62.5 59.45 65 67.5 Positive

1.1275 1.1201 1.1100 1.1545 1.1777 Neutral

96.88 95.00 92.75 97.50 100.00 Positive

26131 25621 24211 26701 27100 Positive

Support now seen 1285-1289 zone. Major intermonth hurdles now seen at 1368. Interweek Strategy: Buy between 1297-1305 zone, targeting 1318 and then at 1359-1368 zone with stop below 1291.

Hurdles now seen at 16.09. Confirmation of major strength only above 16.09. Interweek Strategy: Buy at CMP, targeting 16.09 zone and then at 16.71-16.75 zone with stop below 14.91.

Bias continues to be positive. Key support now at 59.75 zone. Hurdles at 63. Interweek strategy: Establish buy positions between 62.50-63.10 zone, targeting 65 zone and then at 67-67.50 zone with strict stop at 60.75.

EUR/USD faces major hurdles at 1.1545. Major weakness seen only below 1.1201. Buying advised only above 1.1545 mark.

U.S Dollar index faces hurdles at 97.50. Downside well supported at 95. Major weakness now only below 92.75.

Wall Street slipped in Tuesday's trade after President Donald Trump tweeted that the U.S. will impose tariffs on $11 billion of European goods. Meanwhile, the U.S. was seen seeking to resolve a trade war with China.

Close S1 S2 R1 R2200 Day

SMA Reversal

Point TrendCommodityExchange


DAILY PIVOT TABLE

MCX ALUMINUM

MCX CARDAMOM

NCDEX CASTOR

NCDEX CHANA

MCX COPPER

MCX COTTON

MCX CRUDE-OIL

MCX GOLD

NCDEX GAUR GUM

NCDEX GAUR SEED

NCDEX JEERA

MCX LEAD

MCX MENTHA OIL

MCX NATURAL GAS

MCX NICKLE

NCDEX RM SEED

MCX SILVER

NCDEX SUGAR

NCDEX SOYA BEAN

MCX ZINC

147.4 146.72 146.03 147.92 148.43 141.39 145.2 DOWN

1742.4 1739.1 1735.8 1746.5 1750.6 1389 1725.1 UP

5722 5681.33 5640.67 5769.33 5816.67 5028.56 5512 UP

4403 4383 4363 4426 4449 4166.42 4334 UP

449.85 447.82 445.78 453.67 457.48 435.18 437.9 UP

22120 22030 21940 22280 22440 21915.2 21620 UP

4451 4412.67 4374.33 4497.67 4544.33 4349.27 4251 UP

32201 32123.33 32045.67 32276.33 32351.67 31309.61 31815 UP

8857 8799.67 8742.33 8934.67 9012.33 8899.03 8758 UP

4373.5 4354.67 4335.83 4406.17 4438.83 4267.56 4329 UP

16320 16143.33 15966.67 16418.33 16516.67 18071.3 15515 UP

137.3 136.27 135.23 139.12 140.93 144.55 141.6 UP

1467 1449.03 1431.07 1496.93 1526.87 1613.47 1599.75 DOWN

187.4 185.83 184.27 189.73 192.07 222.95 190.8 DOWN

916.3 911.77 907.23 922.67 929.03 881.22 891.8 DOWN

3753 3734.33 3715.67 3770.33 3787.67 4006.46 3733 UP

37838 37714 37590 38056 38274 38287.5 38312 UP

3050 3050 3050 3050 3050 3614.83 3015 DOWN

3713 3690.33 3667.67 3747.33 3781.67 3470.64 3698 UP

224.2 222.95 221.7 226.45 228.7 187.04 222.7 UP

Thursday11th April, 2019

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Quantum Global Securities Ltd.

2nd Floor, Thakur House, Ashok Nagar,

Kandivali East, Mumbai 400 101

Tel: +91 (22) 4610 6600 / 55, 4543 1600

Email: [email protected]

DISCLAIMER: This is solely for information of clients of Quantum Global Securities Ltd. and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Quantum Global Securities Ltd., its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but Quantum Global Securities Ltd. or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this recommendation or any action taken on basis of this information.

Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Quantum Global Securities Ltd. Ltd. in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Quantum Global Securities Ltd. has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Quantum Global Securities Ltd. makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment.

POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report)Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock / Instrument (s): - No.


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