Daily Research Reportsat 11,500 strike price as maximum call open interest of 35.64 lakh contracts...

Disclosures and Disclaimer : This report must be read with the disclosures in the Disclosure appendix, and with the Disclaimer, which forms part of it. This document does not contain any investment views or opinions.

Daily Research Reports

e ot f s Ma oT ne eh yT

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Thursday28th March, 2019

CONTENTSCONTENTSMONEYLICIOUS MORNING

TOP PICS COMPASS & NAVIGATORCOMPASS & NAVIGATOR

Title Page No.

Moneylicious Morning 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

The Taste of Money www.moneylicious.in

Moneylicious Morning

Moneylicious 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, Moneylicious Morning covers themes and insights for the day.

Morning newsletter provides insights and themes for Indian equity markets. We also try

Every Things Gets Better With Moneylicious

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



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

Street, dated 28th March 2019.

Worry Is Back As Uncertainty Is Everywhere!

That brings us to our call of the day which recommends investors to brace

for volatility as sentiments grapple with the implications of an economic

slowdown. ALso denting investors' sentiments this Thursday are:

1. Implications of falling bond yields. There is chaos and ambiguity

whether the recent U.S inversion of the yield curve is a bad omen for

global economy.

2. Increasingly dovish central banks.

3. Fresh evidence of slowing global growth.

4. The Brexit in the U.K. A disorderly exit from the EU by Britain could

unsettle global benchmarks, market participants fear.

5. As per provisional data, Domestic institutional investors have been net

sellers in March to the tune of Rs 13574.42 crore.

6. Lastly, as the benchmarks have moved up — so have the risk.

Amidst this backdrop, investors will need to prepare for a bumpy road ahead.

But the good news for our stock markets is that Federal Reserve is unlikely to

be raise interest rates anytime soon.

The street's consensus is that Prime Minister Narendra Modi will come back

to power after the upcoming general elections. Amidst this backdrop, the big

FII's have been supportive. According to depository data, foreign investors

pumped in a net sum of Rs 28,863 crore in equities in March 2019.

The recent spectacular rally in Banking stocks are indicating that RBI may opt

for a follow-up rate cut in the upcoming April 4th meeting. Benign inflation

and slowing industrial growth bodes to expectations that the RBI could again

cut the key interest rate.

Supporting a rate cut argument would be the recent u-turn by both the US

Fed and the European Central Bank and most importantly, at a time when

there are warnings of warning of slowing global growth.

But we suspect, the icing on the cake could be a U.S.- China trade truce that

resolves the ongoing tense trade dispute! So, all eyes will be on the high-level

U.S. and China trade talks that will resume on Thursday in Beijing!

So the theme for the day and in near term will be centered around the trade

negotiations between Beijing and Washington that is scheduled to kick off

today, with U.S. Trade Representative Robert Lighthizer and Treasury

Secretary Steven Mnuchin to help complete long-running discussions

between the world’s largest economies.

11445 -0.33%

30020 0.46%

8215 -0.87%

29891 -0.22%

3165 -0.77%

15339 -0.11%

2386 0.94%

4974 0.36%

2982 0.05%

9149 -1.04%

263 -0.45%

6592 1.24%

38233 1.14%

11437 -0.07%

Buy on dips!

Neutral (11371-11551)

Neutral (10951-11751)

Positive (12001)

11375 & 11301.

11577 & 11760

10937



Technical StrategyNifty's make-or-break support at 11301 mark!

Outlook for Thursday: Volatility, volatility and

volatility!

Volatility could be hallmark of today's this week's trading as March series

futures & options contracts expire on Thursday, and as investors roll over

positions to April series.

STOCKS TO WATCH:

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

like NCC, SYNDICATE BANK, BANK OF INDIA, ORIENTAL BANK OF

COMMERCE and KOTAK BANK on any corrective declines.

• BULLISH STOCKS: SYNDICATE BANK, PVR, INOX LEISURE, NCC,

OBC, BOI, PNB, PIDILITE, HPCL, IOC, SRF, AXIS BANK, ONGC,

SIEMENS, KOTAK BANK, BAJAJ FINANCE, RELIANCE INDUSTRIES,

TITAN, PIDILITE, JUBILANT FOODS.

• BEARISH STOCKS: BHARTI AIRTEL, CASTROL, HEROMOTO CORP,

MCDOWELL, MOTHERSON SUMI, ULTRATECH, INDIA CEMENT,

HINDALCO, TATA MOTORS, LUPIN.

• SHOW ME THE MONEY:

• BUY SYNDICATE BANK (40.60): The interweek risk is on the upside

with immediate targets at 51. Momentum oscillators signaling major

strength. Interweek Strategy: Buy at CMP, targeting 45 and then at 49-

51 zone with stop below 36.75.

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

POWER, IDBI, JETAIRWAYS.

FII/DII & OPTIONS DATA:

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

shares worth Rs. 1481.11 crores in the Indian Equity Market. DIIs too

bought shares worth Rs. 134.92 crores in the Indian Equity market.

• As per option data, key resistance level for the March series for Nifty are

at 11,500 strike price as maximum call open interest of 35.64 lakh

contracts were seen at the 11,600 strike price. Key support level for the

December series is at 11,000 as Maximum Put open interest of 28 lakh

contracts were seen at the 11,000 strike price.

PVR Ltd. is the largest and the most

premium film exhibition company in India.

Since its inception in 1997, the brand has

redefined the cinema industry and the

way people watch movies in the country.

The company acquired Cinemax in 2012

and had taken over DT Cinemas in the

year 2016 and now the strategic

acquisition of SPI Cinemas (SPI) set to

benefit immensely. Following SPI

Cinema's acquisition, PVR’s total screen

count will increase to 706 across 60 cities

serving 76 million patrons annually. The

company also earns revenue from in-

cinema advertisements/product displays

and in-cinema sale of food and beverages.

Helping sentiments would be recent

Maharashtra Government's U-turn and

allowing outside food in Multiplexes;

stating that could be a security threat.

Establish long positions at CMP, targeting

psychological 1700 mark and then at

1751. Aggressive one year targets located

at 2000 mark.

PVR

Action

Target

Support

Resistance

Holding Period

1606

BUY

2001

1461/1401

1751/2001

90 Days



GLOBAL CUES:

• In Wednesday's trade at Wall Street, most of the stocks were trading decisively lower amidst the Brexit situation in

Europe and recession worries after the yield curve inverted kept a section of investors on sidelines.

Scaring investors the most is the yield on 3-month U.S Treasuries that rose above the rate on 10-year Treasuries for the

first time since 2007.

A narrowing spread is typically seen as sign that long-term economic confidence is dwindling. Having said that a partial

yield curve inversion doesn't mean a recession will strike immediately.

POLITICAL CUES:

• The street is also 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:

• As per International Monetary Fund (IMF) report, India has been one of the fastest growing large economies in the

world. IMF communications director Gerry Rice reportedly said India has of course been one of the world's fastest

growing large economies of late, with growth averaging about 7% over the past five years.

• The biggest theme for this week would be US-China trade truce that remains an issue. Well, as per media reports, the

said meeting between Presidents Donald Trump and Xi Jinping may not happen until June 2019.

COMMODITY CUES:

• GOLD ($1319): Support now seen 1299-1303 zone. Major intermonth hurdles now seen at 1368. Interweek Strategy:

Buy between 1305-1311 zone, targeting 1323 and then at 1359-1368 zone with stop below 1293.

• WTI CRUDE-OIL (59.09): Bias shifts to neutral. Key support now at 58.25 zone. Hurdles at 60.45. Interweek strategy:

Establish sell positions between 60-60.45 zone, targeting 58..25 zone and then at 55 with strict stop at 61.45.

• MCX COPPER (437): Interweek strategy: Establish short positions between 446-449 zone, targeting 425-427 zone and

then aggressive targets at 401-411 zone with stop at 463.

CURRENCIES & BONDS:

• In Wednesday's trade, the Indian Rupee depreciated by 2 paise against the dollar to close at 68.88.

The key positive catalysts in favor of the Indian Rupee: Strong dollar inflows and weakness in the greenback overseas.

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

Aggressive traders can look to buy at CMP, targeting 70.05 and then 70.45. Stop 67.50.



WHAT TECHNICALS TELLS US ON NIFTY:

• In Wednesday's trade, the benchmarks witnessed volatility as after a strong positive morning session, Dalal street

witnessed volatility as the day progressed and trading ended on a lackluster note.

• Nifty continues to trade way above its 21 DMA & 200 DMA placed at 11167 & 10919 mark respectively.

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

index gained 0.59%. The BSE Small-Cap index rose 0.64%.

• Technically speaking, medium term supports on Nifty are placed at 10971 zone. Only on any move below 10,971 will the

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

• Intraday support seen at 11371 and then at 11301 mark.

• Intraday hurdles are at 11577 and then major hurdles seen at 11760 mark.

• The medium term price action for Nifty is suggesting that we are likely to see a 10961-11,701 range in near term with

neutral bias.

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

Before placing aggressive bets, keep your eyes wide open, think twice and do not ignore the many risks the

worldwide stock markets are facing amidst global growth concerns.

A. Preferred trade on Nifty (11445): Buy between 11371-11391 zone. Targets 11577/11670. Stop 11301.

B. Preferred trade on Bank Nifty (30020): Buy between 29651-29751 zone. Targets 30101/30501. Stop 29156.

Daily Chart of Nifty:

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


Moneylicious 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 Moneylicious 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.

• Five stocks poised to move.

• Make educated trades.

•The benefits of early-bird investing.

R2STOCKS LTP S1 S2 R1 TRADING STRATEGYBIAS

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


Oversold conditions prevail. Confirmation of major strength above 111 mark. Interweek Strategy: Buy between 100-102 zone, targeting 111 and then more aggressive targets located at 113-115 zone. Stop below 99.

ICICI Bank is likely to enjoy strong session in near term as the stock has signaled a major breakout on monthly charts. Positive interweek bias as long as 375 support is held. Interweek Strategy: Buy between 387-391.50 zone, targeting 402.50 and then at 409-411 zone with stop below 375.

NCC is aiming to stage a significant rebound. Momentum oscillators signaling strength. Interweek Strategy: Buy between 108-110.50 zone, targeting 115 and then more aggressive targets located at 118-119 zone. Stop below 106.05.

The interweek risk is on the upside with immediate targets at 51. Momentum oscillators signaling major strength. Interweek Strategy: Buy at CMP, targeting 45 and then at 49-51 zone with stop below 36.75.

HEROMOTO CORP ended on a negative note in yesterday's trade, down 1.21%. Key intraday hurdles seen at 2651. Intraday Strategy: Sell between 2561-2581 zone, targeting 2445 and then at 2225-2251 zone. Stop 2651.

SYNDICATE BANK: There’s a good chance that PSU BANKS will continue rising. Aggressive Targets at 51.

BANK OF INDIA

ICICI BANK

NCC

SYNDICATE BANK

HEROMOTO CORP

103.15 100 97.5 111 115 Positive

393.2 383 375 402.5 411 Positive

112.4 107.5 103 115 119 Positive

40.6 37.5 35 45 51 Positive

2543 2445 2225 2651 2729 Negative


Derivatives StrategiesChanges in Open Interest (OI) in yesterday’s trade.

Nifty Spot

Bank Nifty Spot

VIX

Premium

Nifty Future OI

Bank 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

Major Changes in Nifty Options (OI)

EQUITY DERIVATIVESLooking into the future from present.

Future Call: BUY CHOLAFIN APRIL FUTURES between 1417-1423

zone. Targets at 1456 and then at 1487. Stop: 1386. Holding

Period: Intraday. Analyst’s Remark: Momentum Play (CHOLAFIN

April Futures CMP 1436.60).

Option Call: SELL BANK NIFTY 04th APRIL PE Strike Price 28800

between 79-85 zone. Maximum Profit: Rs. 1,580. Loss: Unlimited.

Stop: Exit PUT option if Bank Nifty moves below 29701. (Bank Nifty

April Futures CMP 30186.45).

11445.05 (-0.33%)

30019.80 (+0.46%)

17.0475 (+3.41%)

+84 vs +98

1.14 crores (+28.47%)

11.91 lakhs (+37.31%)

4204.44 2788.67

37992.93 32882.29

1171155 1171155

544194 39608

1812934 113696

21891092 1488580

1197560 78453

25445780 1720337

Calls in lakhs (% Change)

11800 11.32 (+21%)

11900 6.36 (+11%)

12000 18.08 (+6%)

Puts in lakhs (% Change)

11100 7.74 (+21%)

11300 8.31 (+19%)

11400 7.23 (+17%)


Market Summary:

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

of +84 vs +98.

• The 25th April expiry Put- Call Open Interest Ratio was at 1.00 for

Nifty whereas it was 1.38 for Bank Nifty.

• The 25th April expiry Put-Call Volume Ratio was at 0.99 for the

Nifty and 1.56 for Bank Nifty.

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

Price, followed by 9500 Strike Price for 25th April Series. Short

Build-Up was seen at strike price 11400-11800.

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

followed by 11500 strike price for 25th April series. Long buildup

was seen at strike prices 11100-11500.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 29000

Strike Price and Maximum Put Open Interest stands at 28500

Strike Price.

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

bought shares worth Rs. 1481.11 crores in the Indian Equity

Market. DIIs too bought shares worth Rs. 134.92 crores in the

Indian Equity market.

• Long Buildup: YES BANK, SBIN, UNION BANK, M&MFIN, L&TFH.

• Short Buildup: LUPIN, TCS, TECHM, BIOCON, CENTURYTEX.

• Short Covering: DHFL, EQUITAS, INDIACEM, RELCAP.

• Long Unwinding: DLF, ICICI BANK, RELIANCE, BHARTIAIRTEL.

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

POWER, IDBI, JETAIRWAYS.

• New In Ban: NIL.

• Out of Ban: RPOWER.

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



NIFTY 11433.8 11382.47 11331.13 11515.67 11597.53 11464.33 10917.43 UP

BANKNIFTY 30013.15 29781.42 29549.68 30253.72 30494.29 30021.98 26863.57 UP

NIFTYMID50 4970.95 4954.22 4937.48 5001.52 5032.08 4984.78 4833.99 UP

ACC 1597.6 1572.97 1548.33 1618.12 1638.63 1593.48 1460.18 UP

ADANIENT 138 135.85 133.7 140.55 143.1 138.4 141.02 DOWN

ADANIPORTS 366.2 363.03 359.87 370.53 374.87 367.37 360.3 UP

AJANTPHARM 1002.4 979.67 956.93 1024.57 1046.73 1001.83 1078.93 DOWN

ALBK 52.45 51.43 50.42 53.03 53.62 52.02 43.61 UP

AMARAJABAT 720.9 707.58 694.27 731.98 743.07 718.67 764.28 DOWN

ANDHRABANK 27.1 26.13 25.17 27.63 28.17 26.67 29.36 DOWN

APOLLOTYRE 213.2 211.67 210.13 216.12 219.03 214.58 235.49 DOWN

ARVIND 88.3 86.42 84.53 90.67 93.03 88.78 114.07 DOWN

ASHOKLEY 85.7 84.62 83.53 87.27 88.83 86.18 110.59 DOWN

ASIANPAINT 1471.5 1457.68 1443.87 1491.13 1510.77 1477.32 1348.46 UP

AUROPHARMA 769.4 762.97 756.53 782.27 795.13 775.83 715.1 UP

AXISBANK 760.5 754.23 747.97 768.38 776.27 762.12 619.78 UP

BAJAJ-AUTO 2984.95 2958.3 2931.65 3003.3 3021.65 2976.65 2765.16 UP

BAJAJFINSV 6970 6921.23 6872.47 7048.88 7127.77 7000.12 6245.1 UP

BAJFINANCE 2942 2911.62 2881.23 2993.27 3044.53 2962.88 2526.74 UP

BALKRISIND 955.05 949.4 943.75 966.35 977.65 960.7 1027.71 DOWN

BALRAMCHIN 134.25 132.25 130.25 136 137.75 134 94.28 UP

BANKBARODA 121.3 119.92 118.53 123.07 124.83 121.68 118.78 UP

BANKINDIA 102.95 101.77 100.58 103.92 104.88 102.73 90.37 UP

BATAINDIA 1370 1356.33 1342.67 1385.33 1400.67 1371.67 1037.59 UP

BEL 91.75 90.8 89.85 93.45 95.15 92.5 94.45 DOWN

BEML 962 947.72 933.43 983.77 1005.53 969.48 795.36 UP

BERGEPAINT 323.4 319.87 316.33 326.22 329.03 322.68 307.22 UP

BHARATFIN 1135 1108.08 1081.17 1149.43 1163.87 1122.52 1050.32 UP

BHARATFORG 488.5 482.97 477.43 496.62 504.73 491.08 568.49 DOWN

BHARTIARTL 321.7 317.07 312.43 329.67 337.63 325.03 335.54 DOWN

BHEL 71.3 70.38 69.47 72.48 73.67 71.57 70.44 UP

BIOCON 600.4 594.43 588.47 611.93 623.47 605.97 624.35 DOWN

BPCL 379 375.53 372.07 384.23 389.47 380.77 353.46 UP

BRITANNIA 3095.25 3076.5 3057.75 3115.5 3135.75 3096.75 3063.21 UP

BSOFT 96.8 95.6 94.4 98 99.2 96.8 140.1 DOWN

CANBK 284.95 280.33 275.72 288.53 292.12 283.92 255.07 UP

CANFINHOME 333.15 328.33 323.52 341.43 349.72 336.62 292.43 UP

CASTROLIND 164 162.32 160.63 165.97 167.93 164.28 155.81 UP

CEATLTD 1075.4 1063.92 1052.43 1097.97 1120.53 1086.48 1240.24 DOWN

CENTURYTEX 894.45 883.38 872.32 915.03 935.62 903.97 872.02 UP

CESC 713.7 702.52 691.33 724.87 736.03 713.68 706.8 UP

CGPOWER 42.7 42.07 41.43 43.82 44.93 43.18 46.18 DOWN

CHENNPETRO 260 256.58 253.17 264.98 269.97 261.57 274.67 DOWN

CHOLAFIN 1435.5 1391.9 1348.3 1470.75 1506 1427.15 1329.29 UP

CIPLA 525.3 521.7 518.1 531.25 537.2 527.65 579.06 DOWN

COALINDIA 234.1 232.43 230.77 236.93 239.77 235.27 256.89 DOWN

COLPAL 1255.55 1248.73 1241.92 1269.18 1282.82 1262.37 1196.48 UP

CONCOR 500 496.55 493.1 506.9 513.8 503.45 507.54 DOWN

CUMMINSIND 742.7 733.15 723.6 749.1 755.5 739.55 735.01 UP

DABUR 409.45 403.58 397.72 421.18 432.92 415.32 418.89 DOWN

DALMIABHA 2372.9 2253.3 2133.7 2518.25 2663.6 2398.65 2565.05 DOWN

DCBBANK 202.75 199.53 196.32 205.98 209.22 202.77 169.85 UP

DHFL 136.4 134.37 132.33 139.22 142.03 137.18 357.58 DOWN

DIVISLAB 1671.7 1648.5 1625.3 1707.45 1743.2 1684.25 1375.05 UP

DLF 190.5 186.93 183.37 196.73 202.97 193.17 181.36 UP

DRREDDY 2760 2731.4 2702.8 2801.3 2842.6 2772.7 2488.47 UP

EICHERMOT 21020 20755.43 20490.87 21384.78 21749.57 21120.22 24386.57 DOWN

ENGINERSIN 115.95 114.07 112.18 117.87 119.78 115.98 120.3 DOWN

EQUITAS 133.7 131.78 129.87 136.03 138.37 134.12 128.31 UP

ESCORTS 816 802.68 789.37 827.63 839.27 814.32 747.31 UP

EXIDEIND 225.25 223.45 221.65 227.9 230.55 226.1 253.7 DOWN

FEDERALBNK 91.75 90.7 89.65 92.7 93.65 91.65 84.02 UP

FORTIS 137.55 136.23 134.92 138.63 139.72 137.32 139.56 DOWN

GAIL 355 352.3 349.6 359.85 364.7 357.15 351.95 UP

GLENMARK 641 637 633 648 655 644 623.98 UP

GMRINFRA 19.7 18.85 18 20.95 22.2 20.1 16.72 UP

GODREJCP 690.15 685 679.85 696.45 702.75 691.3 782.01 DOWN

GODREJIND 541.3 535.57 529.83 550.37 559.43 544.63 546.27 DOWN

GRANULES 117.7 113.4 109.1 120.15 122.6 115.85 96.12 UP

GRASIM 826.1 819.27 812.43 838.67 851.23 831.83 895.49 DOWN

GSFC 99.65 98.4 97.15 101.45 103.25 100.2 105.7 DOWN

HAVELLS 748.55 740.33 732.12 761.73 774.92 753.52 654.88 UP

HCC 15.25 14.73 14.22 16.18 17.12 15.67 11.96 UP

HCLTECH 1042.5 1022.88 1003.27 1059.23 1075.97 1039.62 1000.73 UP

HDFC 1914.05 1893.7 1873.35 1946.7 1979.35 1926.35 1897.68 UP

HDFCBANK 2300.55 2277.05 2253.55 2326.05 2351.55 2302.55 2082.07 UP

HDIL 25.65 25.35 25.05 26.05 26.45 25.75 23.7 UP

HEROMOTOCO 2538.35 2517.57 2496.78 2576.57 2614.78 2555.78 3064.71 DOWN

HEXAWARE 336.3 330.6 324.9 340.1 343.9 334.4 387.45 DOWN

HINDALCO 206.8 205.38 203.97 209.53 212.27 208.12 219.63 DOWN

HINDPETRO 269.1 266 262.9 274.6 280.1 271.5 251.09 UP

HINDUNILVR 1676 1664.73 1653.47 1697.53 1719.07 1686.27 1703.09 DOWN

HINDZINC 271.3 269.53 267.77 274.53 277.77 272.77 275.97 DOWN

IBREALEST 89.7 88.3 86.9 90.95 92.2 89.55 108.28 DOWN

IBULHSGFIN 749.95 734.07 718.18 762.82 775.68 746.93 935.9 DOWN

ICICIBANK 392.55 388.98 385.42 397.28 402.02 393.72 334.33 UP

ICICIPRULI 347.6 335.17 322.73 357.02 366.43 344.58 347.08 UP

ICIL 49.2 48.03 46.87 50.93 52.67 49.77 62.59 DOWN

IDBI 42.3 42.08 41.87 42.73 43.17 42.52 56.18 DOWN

IDEA 28.45 27.98 27.52 29.23 30.02 28.77 42.29 DOWN

IDFC 46.2 44.88 43.57 47.23 48.27 45.92 43.02 UP

IDFCFIRSTB 53.65 52.78 51.92 54.53 55.42 53.67 42 UP

IFCI 13.1 12.92 12.73 13.42 13.73 13.23 14.5 DOWN

IGL 304.4 301.2 298 308.8 313.2 305.6 272.07 UP

INDIACEM 101.2 99.62 98.03 103.52 105.83 101.93 99.73 UP

INDIANB 263.8 260.78 257.77 267.28 270.77 264.27 274.82 DOWN

INDIGO 1401 1389.67 1378.33 1416.67 1432.33 1405.33 1060.38 UP

INDUSINDBK 1812 1750.25 1688.5 1843.6 1875.2 1781.85 1697.89 UP

INFIBEAM 41.6 41 40.4 42.5 43.4 41.9 99.19 DOWN

INFRATEL 317 312.57 308.13 319.97 322.93 315.53 282.71 UP

INFY 728.6 726.4 724.2 731.55 734.5 729.35 691.14 UP

IOC 161.15 159.8 158.45 163.1 165.05 161.75 147.59 UP

IRB 141.7 139.95 138.2 143.55 145.4 141.8 163.65 DOWN

ITC 292.7 290.63 288.57 295.73 298.77 293.67 284.95 UP

JETAIRWAYS 278.6 272.57 266.53 285.82 293.03 279.78 273.32 UP

JINDALSTEL 166.25 163.9 161.55 168.45 170.65 166.1 181.51 DOWN

JISLJALEQS 56.8 56.17 55.53 57.97 59.13 57.33 71.92 DOWN

JPASSOCIAT 5.45 5.32 5.18 5.62 5.78 5.48 9.32 DOWN

JSWENERGY 68.6 65.88 63.17 70.28 71.97 67.57 67.41 UP

JSWSTEEL 286.15 282.02 277.88 289.77 293.38 285.63 323.63 DOWN

JUBLFOOD 1446 1436.25 1426.5 1462.6 1479.2 1452.85 1311.77 UP

JUSTDIAL 597.05 589.03 581.02 611.03 625.02 603.02 521.64 UP

KOTAKBANK 1330 1315.4 1300.8 1354.25 1378.5 1339.65 1250.22 UP

KSCL 450.3 445.9 441.5 457.1 463.9 452.7 544.37 DOWN

KTKBANK 131.8 129.93 128.07 132.98 134.17 131.12 112.6 UP

L&TFH 152.3 149.23 146.17 154.13 155.97 151.07 146.97 UP

LICHSGFIN 532 527.52 523.03 540.02 548.03 535.53 476.87 UP

LT 1365 1355.07 1345.13 1383.02 1401.03 1373.08 1323.78 UP

LUPIN 723.9 717.18 710.47 735.73 747.57 729.02 851.17 DOWN

M&M 659 654.15 649.3 668.25 677.5 663.4 804.06 DOWN

M&MFIN 427.5 417.08 406.67 434.83 442.17 424.42 441.05 DOWN

MANAPPURAM 121.1 119.4 117.7 123.4 125.7 121.7 96 UP

MARICO 335.05 332.47 329.88 340.07 345.08 337.48 349.87 DOWN

MARUTI 6508 6458.67 6409.33 6598.67 6689.33 6549.33 7874.38 DOWN

MCDOWELL-N 538.5 532.53 526.57 548.93 559.37 542.97 593.45 DOWN

MCX 784 777.25 770.5 794.75 805.5 788 753.97 UP

MGL 1038.25 1003.83 969.42 1058.83 1079.42 1024.42 868.62 UP

MOTHERSUMI 142.9 139.3 135.7 147.1 151.3 143.5 173.11 DOWN

MRF 56432 56126.33 55820.67 56811.33 57190.67 56505.67 67189.2 DOWN

MRPL 73.85 73.25 72.65 74.85 75.85 74.25 76.27 DOWN

MUTHOOTFIN 593 587.03 581.07 601.08 609.17 595.12 457.48 UP

NATIONALUM 53.05 52.53 52.02 53.93 54.82 53.42 63.56 DOWN

NBCC 63.75 63.03 62.32 64.83 65.92 64.12 63.1 UP

NCC 112.5 111.03 109.57 114.08 115.67 112.62 88.97 UP

NMDC 101.8 100.07 98.33 104.72 107.63 102.98 103.77 DOWN

NTPC 137 135.17 133.33 139.87 142.73 138.03 130.26 UP

OFSS 3370 3346.4 3322.8 3402.2 3434.4 3378.6 3772.39 DOWN

OIL 181.65 178.6 175.55 183.6 185.55 180.55 194.43 DOWN

ONGC 160.1 157.93 155.77 161.83 163.57 159.67 156.2 UP

ORIENTBANK 113.4 108.8 104.2 116.8 120.2 112.2 82.9 UP

PCJEWELLER 80.1 79.25 78.4 81.35 82.6 80.5 85.64 DOWN

PEL 2620 2593.03 2566.07 2660.98 2701.97 2634.02 2432.97 UP

PETRONET 235.15 232.67 230.18 238.97 242.78 236.48 222.22 UP

PFC 118.05 116.75 115.45 119.6 121.15 118.3 92.1 UP

PIDILITIND 1222.5 1211.68 1200.87 1235.18 1247.87 1224.37 1097.99 UP

PNB 93.2 92.32 91.43 94.57 95.93 93.68 77.16 UP

POWERGRID 199.55 197.13 194.72 203.33 207.12 200.92 189.26 UP

PTC 73.55 72.72 71.88 74.87 76.18 74.03 79.99 DOWN

PVR 1606 1572.67 1539.33 1631.67 1657.33 1598.33 1415.24 UP

RAMCOCEM 708.85 701.78 694.72 719.13 729.42 712.07 649.12 UP

RAYMOND 798 790.67 783.33 809.67 821.33 802.33 797.48 UP

RBLBANK 667 655.8 644.6 678.4 689.8 667.2 567.21 UP

RCOM 4.55 4.55 4.55 4.55 4.55 4.55 12.8 DOWN

RECLTD 149.8 148.18 146.57 151.83 153.87 150.22 115.54 UP

RELCAPITAL 201 193.83 186.67 210.43 219.87 203.27 287.61 DOWN

RELIANCE 1348.3 1335.72 1323.13 1369.42 1390.53 1356.83 1157.02 UP

RELINFRA 130.85 128.15 125.45 135.4 139.95 132.7 320.29 DOWN

REPCOHOME 469.55 460.12 450.68 478.92 488.28 469.48 456.43 UP

SAIL 50.2 49.55 48.9 51.35 52.5 50.7 64.38 DOWN

SBIN 308 304.62 301.23 311.12 314.23 307.73 282.11 UP

SHREECEM 17790.15 17620.1 17450.05 18130.1 18470.05 17960.05 16476.28 UP

SIEMENS 1062 1051.78 1041.57 1078.93 1095.87 1068.72 985.71 UP

SOUTHBANK 15.85 15.73 15.62 16.03 16.22 15.92 16.54 DOWN

SREINFRA 28.2 27.68 27.17 28.83 29.47 28.32 41.5 DOWN

SRF 2442 2417.67 2393.33 2465.67 2489.33 2441.33 1976.72 UP

SRTRANSFIN 1251.5 1211.22 1170.93 1277.57 1303.63 1237.28 1209.26 UP

STAR 458.6 448.32 438.03 469.12 479.63 458.83 437.29 UP

SUNPHARMA 464.55 457.08 449.62 474.68 484.82 467.22 522.92 DOWN

SUNTV 587.15 581.53 575.92 597.23 607.32 591.62 667.14 DOWN

SUZLON 6.7 6.58 6.47 6.83 6.97 6.72 6.26 UP

SYNDIBANK 40.5 39.97 39.43 40.97 41.43 40.43 37.71 UP

TATACHEM 583 578.33 573.67 586.33 589.67 581.67 676.75 DOWN

TATACOMM 599.65 593.45 587.25 605.85 612.05 599.65 540.62 UP

TATAELXSI 951.45 943.43 935.42 963.58 975.72 955.57 1128.15 DOWN

TATAGLOBAL 196 194 192 199.1 202.2 197.1 224.28 DOWN

TATAMOTORS 169.75 167.6 165.45 173.45 177.15 171.3 213.52 DOWN

TATAMTRDVR 85.1 84.23 83.37 86.33 87.57 85.47 116.51 DOWN

TATAPOWER 71.3 70.63 69.97 72.43 73.57 71.77 72.87 DOWN

TATASTEEL 514.1 510.43 506.77 520.38 526.67 516.72 540.21 DOWN

TCS 1964.85 1951.23 1937.62 1988.23 2011.62 1974.62 1961.78 UP

TECHM 764.5 759.73 754.97 771.13 777.77 766.37 718.91 UP

TITAN 1121.6 1110.07 1098.53 1129.07 1136.53 1117.53 916.43 UP

TV18BRDCST 34.55 34.15 33.75 35.2 35.85 34.8 40.37 DOWN

UBL 1349.9 1308.22 1266.53 1428.12 1506.33 1386.43 1291.4 UP

UJJIVAN 336.55 327.73 318.92 343.63 350.72 334.82 302.2 UP

ULTRACEMCO 3900 3854.27 3808.53 3971.47 4042.93 3925.73 3888.36 UP

UNIONBANK 93.65 91.6 89.55 94.95 96.25 92.9 80.66 UP

UPL 899.6 892.12 884.63 909.52 919.43 902.03 720.6 UP

VEDL 174.7 172.98 171.27 176.83 178.97 175.12 205.64 DOWN

VGUARD 223.65 217.6 211.55 227.1 230.55 221.05 202.05 UP

VOLTAS 623.45 616.63 609.82 628.63 633.82 621.82 553.46 UP

WIPRO 254.5 253.37 252.23 256.02 257.53 254.88 242.32 UP

WOCKPHARMA 428.3 422.82 417.33 438.47 448.63 432.98 538.38 DOWN

YESBANK 268.6 259.85 251.1 273.6 278.6 264.85 260.04 UP

ZEEL 426.15 420.77 415.38 429.87 433.58 424.48 473.23 DOWN


The Compass …Direction at a glance

The Compass:Direction At Glance for MCX Gold, MCX Silver, MCX Crude-oil, USD/INR, etc.

The Navigator:Sailing Global Trend on COMEX Gold, Comex Silver, The Dow Jones Index, Hang Seng Index, etc.

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.


Instrument 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

Key supports now seen at 31501-31751 zone. Interweek strategy: Buy only on sharp declines between 31501-31751 zone, targeting 32251-32451 and then at 32951-33144 zone with stop at 31451.

Confirmation of strength above 38901. Interweek strategy: Buy on declines between 37251-37501 zone, targeting 38901 and then at 39201 mark and then at 39751 and final aggressive targets at 40001-40251 zone with stop at 36901.

Interweek strategy: Buy between 3850-3901 zone, targeting 4150 mark and then aggressive targets at 4411-4445 zone with stop at 3801.

Interweek strategy: Establish short positions between 446-449 zone, targeting 425-427 zone and then aggressive targets at 401-411 zone with stop at 463.

Natural Gas prices seen at oversold conditions. Support now seen at 175-181 zone. Interweek strategy: Establish long positions between 183-186 zone, targeting 203 and then at 221-225 zone with stop at 175.

Technically, USD/INR faces major hurdles at 70.45. Major strength seen only above 70.45. Interweek Strategy: Aggressive traders can look to buy at CMP, targeting 70.05 and then 70.45. Stop 67.50.

32056 31501 31101 32451 33144 Neutral

38116 37211 36901 38901 40001 Neutral

4040 3811 3656 4150 4445 Neutral

438 425 401 463 471 Neutral

189.00 181.00 175.00 203.00 225.00 Neutral

68.88 68.65 67.50 70.05 70.45 Positive

USD/INR: Positive bias as long as 67.50 support is held. Confirmation of strength aonly above 70.45.


Instrument TRADING STRATEGYLTP S1 S2 R1 R2

GOLD $

SILVER ($)

WTI CRUDE OIL ($ )

EUR/USD

Bias

DOW JONES

US Dollar Index

The Navigator …Sailing global trend

Wall Street grapples with the implications of an economic slowdown.

Support now seen 1299-1303 zone. Major intermonth hurdles now seen at 1368. Interweek Strategy: Buy between 1305-1311 zone, targeting 1325 and then at 1359-1368 zone with stop below 1293.

Hurdles now seen at 16.09. Confirmation of major strength only above 16.75. Interweek Strategy: Buy only above 15.65, targeting 16.09 zone and then at 16.71-16.75 zone with stop below 14.91.

Bias shifts to neutral. Key support now at 58.25 zone. Hurdles at 60.45. Interweek strategy: Establish sell positions between 60-60.45 zone, targeting 58..25 zone and then at 55 with strict stop at 61.45.

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 fell on Wednesday as investors weighed the implications of falling bond yields and fresh evidence of slowing global growth. All anxious eyes now turn to China-U.S trade issues where meeting is scheduled this Thursday in Bejing.

1319 1299 1281 1325 1368 Neutral

15.30 14.91 14.45 15.65 16.09 Neutral

59.09 58.25 55 60.45 63 Neutral

1.1251 1.1201 1.1100 1.1545 1.1777 Neutral

96.91 95.00 92.75 97.50 100.00 Positive

25453 25001 24211 26701 27100 Neutral


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

149.1 147.4 145.7 150.3 151.5 141.48 143.4 DOWN

1612.5 1600.77 1589.03 1624.57 1636.63 1348.72 1543.75 UP

5276 5244.67 5213.33 5298.67 5321.33 4950.38 5215 UP

4256 4226 4196 4274 4292 4116.9 4189 UP

438.25 435.92 433.58 439.87 441.48 435.71 444.7 UP

21340 21266.67 21193.33 21446.67 21553.33 21929.55 20960 DOWN

4150 4099.67 4049.33 4189.67 4229.33 4367.55 3980 UP

32104 32011.33 31918.67 32200.33 32296.67 31259.68 32334 UP

9014 8889.33 8764.67 9089.33 9164.67 8827.19 8735 DOWN

4436.5 4384.67 4332.83 4473.67 4510.83 4232.74 4304 UP

15560 15501.67 15443.33 15596.67 15633.33 18083.32 15765 UP

136.75 135.8 134.85 138.05 139.35 145.86 142.9 DOWN

1665.3 1651.23 1637.17 1674.13 1682.97 1592.91 1714.7 DOWN

188.6 187.5 186.4 190.2 191.8 223.68 196.1 DOWN

900.2 883.9 867.6 913.6 927 886.72 915.5 DOWN

3744 3718.33 3692.67 3762.33 3780.67 4015.72 3794 DOWN

38319 38206 38093 38487 38655 38391.45 38860 DOWN

3050 3050 3050 3050 3050 3614.83 3015 DOWN

3662 3633.33 3604.67 3702.33 3742.67 3456.23 3631 UP

202.2 199.23 196.27 203.78 205.37 186.27 188.75 UP


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Moneylicious Capital & Advisory Services Pvt. Ltd.


Office No 24 A & B, Adhyaru Industrial Estate,

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Land Line: 022-43116666

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DISCLAIMER: This is solely for information of clients of 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

, 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 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 in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; 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.


Moneylicious Capital & Advisory Services Pvt. Ltd.Moneylicious Capital & Advisory Services Pvt. Ltd.

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