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Welcome NoteThursday

06th June, 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 6th June 2019.

Early action at SGX Nifty is indicating cautious tone for the bulls camp at our

stock markets, and interestingly that's despite solid Wall Street gains in last

two days.

Wall Street was seen rising on hopes of Fed rate cut. Fed Chairman Powell on

Tuesday said the central bank was monitoring escalating trade tensions and

would “act as appropriate” to sustain domestic economic expansion, which

has showed signs of waning as Washington wages tariff disputes on multiple

fronts.

Now, digging deeper, there is an concern brewing on the horizon:

• Oil Prices are hovering below $52 a barrel — around bear-markets

levels.

• Gold is marching with strength to strength.

Well, honestly speaking, rising gold prices and falling oil prices are clear

indicative of Global growth concerns. Also please note, the recent Fed's

comments suggests that they have turned ultra dovish — a clear indication

that Growth is in deep mess. Also note:

• U.S-China trade fears are now not just confined to China anymore.

• Reports that China is planning to respond to recent U.S. moves which

are likely to escalate trade tensions between the two countries further.

Then the U.S Government bond yields have hit new lows for the year. The

long-term Treasury yields fell to their lowest point since October 2017 and

most importantly, the yield curve inverted. The gap between U.S 3-month and

10-year rates reached the widest since March — a signal that recession is

looming.

That brings us to our call of the day which suggests investors need to adopt

a cautious stand as the combination of factors just mentioned are indication

of a bad omen for the worldwide economy.

Now, to other key themes of the day which are likely to command investors

attention:

• Today, all eyes will be on the Reserve Bank of India's Monetary Policy

outcome. The street suspects RBI could go for a 25 basis point cut in the

repo rate. But if RBI cuts rates by 50 bps then expect Dalal

Street to simply jump with joy. We say so because, 25 bps is

already priced in and 50 bps will surprise even the perma-bulls on the

buy side.

• DHFL's ₹850 crore commercial paper rating has been downgraded by

CRISIL to default. The NBFC crisis appears to be deepening. Also, the

balance sheets of banks are seen stretched

12022 -0.55%

31589 -0.20%

8300 -0.34%

30198 -0.27%

3370 0.36%

36105 -1.56%

2166 -1.46%

5012 0.00%

2951 0.13%

8433 -1.21%

286 -0.37%

6556 -0.16%

40084 -0.46%

12034 -0.39%

Volatile session likely.

Positive (11933-12151)

Neutral (11501-12501)

Positive (13001)

11921 & 11807

12201 & 12289

11451



Technical Strategy• As per IMD's latest statements, Monsoon onset over Kerala is delayed to

8 June. Usually, the southwest monsoon normally hits Kerala on June 1.

• Fanning negative flames are also the Tuesday’s provisional data where

FII’s sold shares worth Rs. 416 crores and DIIs sold 355 crores.

Long story short: The gyan mantra for the day is to remain highly selective.

Dalal Street could continue to be in limelight and be the preferred bet

amongst big FIIs camp if RBI cuts rates by 50 bps.

Dalal Street could simply jump with joy and Nifty & Sensex could climb to

fresh record highs as traders will respond to tanking crude-oil prices.

A decline in crude eases concerns on fiscal deficit, inflation and gives more

room for the government to boost growth through spending on

infrastructure.

The other positive catalysts for our stock markets are:

1.Helping sentiments would be the GST collection which is more than ₹1

lakh crore plus in May. This is third consecutive month of ₹1 lakh crore

plus mobilization.

2.All hopeful and anxious eyes will be on the new Finance Minister Nirmala

Sitharaman who will present her first Union Budget on 5 July, 2019. The

street expects that the budget will seek to address some of the

challenges confronting the economy. Hopefully, policy continuity and

big bang reforms will continue.

3.Political winds are in Dalal Street's favor

Bottom-line: Technically, Positive bias as long as Nifty is trading above the

make-or-break support at 11801. Well, if 11801 holds on Nifty then by

this Diwali, we’re going to look back and say, wow, what a great

period at Dalal Street.

STOCKS TO WATCH:

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

BAJAJ FINANCE, MANAPPURAM, MUTHOOTH FINANCE, UJJIVAN,

DEEPAK NITRITE, INDUSIND BANK and AXIS BANK on any early

corrective declines with inter-month perspective.

• BULLISH STOCKS: BAJAJ FINANCE, BAJAJ FINSERV, MUTHOOT

FINANCE, UJJIVAN, DEEPAK NITRITE, AIA ENGINEERING, NAUKRI,

HUL, HDFC BANK, AXIS BANK, BAJAJ HOLDINGS, BPCL, HPCL,

ULTRATECH, NCL INDUSTRIES, JK CEMENT, DBL, ATUL LIMITED.

• BEARISH STOCKS: TATA MOTORS, MARUTI, PNB, JSW STEEL,

INFRATEL, HINDALCO, VEDANTA.

Outlook for Thursday: All eyes on RBI.

AIA Engineering specializes in design development

manufacture installation and servicing of high

chromium wear corrosion and abrasion resistant parts

used in cement mining, thermal power generation and

mining plants industries. The company has a global

presence in terms of sales and service offices across the

world. High chrome metallurgy offers lower wear rate

than the conventionally used parts of manganese steel,

nihard iron, hyper steel, and forgings. The company

offers complete solutions in grinding to optimise the

productivity of grinding mills.

AIA Engineering's growth prospects look promising as

we see strong visibility ramp up of mining segment,

followed by cement. Added advantage as the firm

to hedge power cost has installed eight WTGs of 2.1 MW

each at cost of | 104 crore during FY19. Lastly, the

technical collaboration with EEMS picking up fast.

The order book of the company was at | 637 crore as on

Fy19

Technically, brace yourselves for a major breakout play

on monthly charts. An impulse uptrend is seen forming

on the daily time scale, with positive SAR series, major

confirmation above its all-time high at 1880 mark.

Add to that a bullish divergence and a rising stochastic

signal (on weekly charts) with recent increase in

volumes signaling a larger rebound. The 200 days

Exponential Moving Average (EMA) of the stock on the

daily chart is currently at 1681 zone. The level of Rs

1681-1695 zone will act as a strong support zone and

any corrective declines to these levels should be used as

an opportunity to initiate aggressive long positions.

A potential entrance exists at CMP, on any corrective

declines near its key supports at 1645-1655 zone, as the

stock is likely to run above its psychological 2000 mark.

Above 2000 mark, major momentum buying likely which

will take the stock towards its next goalpost at 2150

zone. Holding Period: 5 Months+. Place stop below its

key support at 1491.

AIA ENGINEERING

Action

Target

Support

Resistance

Holding Period

1804

BUY

2000

1637/1531

2001/2150

60 Days



• SHOW ME THE MONEY: Option Trade: SELL NIFTY 13th JUNE PE Strike Price 11700 at CMP 13.85. Maximum Profit:

Rs. 1,038.75/-. Loss: Unlimited. Stop: Exit Put option if Nifty moves below 11807. (Nifty 13th June Futures CMP

12056.15).

• Stocks banned in F&O segment for today: IDBI.

FII/DII & OPTIONS DATA:

• As per Tuesday’s Provisional Data available on the NSE, FII’s sold shares worth Rs. 416.08 crores in the Indian Equity

Market. DIIs too sold shares worth Rs. 355.42 crores in the Indian Equity market.

• As per option data, key resistance level for the June series for Nifty are at 12,500 strike price as maximum call open

interest of 19.45 lakh contract were seen at the 12,500 strike price followed 12,000 strikes. Key support level for the

June series is at 11,500 as Maximum Put open interest of 26.18 lakh contracts were seen at the 11,500 strike price.

GLOBAL CUES:

• Wall Street stages powerful rally in last two days on rising hopes of Fed rate cut. Hurdles for Dow Jones now at 26100

and then major hurdles at 27251.

ECONOMIC CUES:

• PM Modi forms two Cabinet panels under his chairmanship to boost growth and jobs.

A 5-member panel has been constituted on investment and growth and Amit Shah, Sitharaman, Nitin Gadkari and

Piyush Goyal.

Another 10-member panel on employment and skill development includes the likes of Shah, Sitharaman, Goyal,

Narendra Singh Tomar, Dharmendra Pradhan and others

• All hopeful and anxious eyes will be on the new Finance Minister Nirmala Sitharaman who will present her first Union

Budget on 5 July, 2019. The budget will seek to address some of the challenges confronting the economy, especially the

rural distress and the need for generating quality jobs.

Digging deeper, growth has slipped to a five-quarter low of 6.6% at the end of 2018 and the street suspects that

growth may worsen due to falling rural consumption demand which are clearly visible in automobile, FMCG and aviation.

And then, there are other issues like unemployment, liquidity crisis and fiscal position.

So, the first 100-days of government action will be closely watched. The street will purely look forward to infrastructure

spending. The blueprint of pushing difficult and big-ticket reforms will be keenly watched. The other key catalysts in

near term would be:

o Progress of Monsoon.

o Government's foreign policies.

o Fed Outlook.

o RBI Outlook.

o U.S-China trade tensions.

o Trend of oil prices.

COMMODITY CUES:

• GOLD ($1333): Support now seen 1289 zone on closing basis. Major interweek hurdles now seen at 1368. Interweek



Strategy: Buy between 1311-1317 zone, targeting 1345 and then at 1361-1368 zone with stop below 1289.

• WTI CRUDE-OIL (51.46): Key hurdles now at 59 zone. Downside risk now seen at 49. Interweek strategy: Establish buy

positions between 49-51 zone, targeting 55 zone with strict stop at 48.85..

• MCX COPPER (403): Interweek strategy: Establish short positions between 413-417 zone, targeting 397 zone and then

aggressive targets at 369-375 zone with stop at 431.

CURRENCIES & BONDS:

• In Tuesday's trade, the Indian Rupee traded higher to end at 69.26.

Technically, USD/INR now faces major hurdles at 71.05. Any corrective advances towards 70.25 will be opportunity to

initiate short positions. Interweek Strategy: Sell between 69.70-69.91 zone, targeting 69.05 and then at 67.50. Stop

71.05.

Interestingly, on May 16, 2014 — the day when the 16th Lok Sabha election results were announced -- the rupee traded

around 58.74 against dollar.

• In Tuesday's trade, the benchmarks Sensex & Nifty witnessed a up and down session to end below their fresh life-all-

time-highs. The Sensex did close above the psychological 40,000 level and the Nifty ended above the psychological

12,000 level.

• Nifty continues to trade way above its 21 DMA & 200 DMA placed at 11621 & 11055 mark respectively.

• The market breadth, indicating the overall health of the market was negative. The BSE Mid-Cap index slipped 0.22%.

The BSE Small-Cap index fell 0.19%.

• Technically speaking, medium term supports on Nifty are placed at 11501 zone and then key make-or-break supports

11111 mark.

• Intraday hurdles are at 12251 zone.

• The medium term price action for Nifty is

suggesting that we are likely to see a 11601-

12,501 range in near term with neutral bias.

Buy on dips should be the preferred strategy.

• Preferred trade on Nifty (12022): Buy

between 11933-11951 zone. Targets

12107/12251. Stop 11801.

• Preferred trade on Bank Nifty (31589): Buy

between 31151-31201 zone. Targets

31751/32501. Stop 30771.

WHAT TECHNICALS TELLS US ON NIFTY:

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

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 !


CANFINA HOMES is signalling a breakout from an extended Flag Pattern on daily charts. Key intraday support at 349. Interweek Strategy: Buy between 357-361 zone, targeting 371 zone and then at 385-387 zone with stop below 342.

IGL is aiming to move well above its all-time-high at 346. Momentum oscillators signaling major strength. Interweek Strategy: Buy between 339-342.50 zone. Targets 351/365. Stop 331.

The recent spectacular surge in gold prices will act as key positive catalyst for MANAPPURAM. Positive interweek bias as ong as 132.50 support is held. Interweek Strategy: Buy between 135-138 zone, targeting 145/152.50. Stop 132.50.

The flare up in gold prices likely to act as positive catalyst for MUTHOOTH FINANCE. Positive interweek bias as long as 623 support is held. Interweek Strategy: Buy between 635-641 zone, targeting 657/689. Stop 621.

The recent sequence of higher high/low is intact on daily/weekly/monthly charts. Interweek Strategy: Buy at CMP, targeting 1275/1307. Stop 1121.

Amidst volatilty, a buy-the-dip moment for the brave. TITAN is our preferred bet.

CANFINA HOMES

INDRAPRASTHA GAS (IGL)

MANAPPURAM

MUTHOOTH FINANCE

TITAN

365 349 342 371 387 Positive

344 337.5 331 351 365 Positive

139 137 132.5 145 152.5 Positive

646 635 623 657 689 Positive

1248 1226 1195 1275 1307 Positive

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 ORIENTAL BANK OF COMMERCE (OBC) JUNE

FUTURES between 100-100.50 zone. Targets at 103 and then at

107. Stop: 98.10. Holding Period: Intraday. Analyst’s Remark:

Momentum Play (OBC June Futures CMP 101.55).

Option Call: SELL NIFTY 13th JUNE PE Strike Price 11700 at CMP

13.85. Maximum Profit: Rs. 1,038.75/-. Loss: Unlimited. Stop: Exit

Put option if Nifty moves below 11807. (Nifty 13th June Futures

CMP 12056.15).

12021.65 (-0.55%)

31589.05 (-0.20%)

15.6275 (-2.13%)

+34 vs +25

1.93 crores (-2.61%)

20.65 lakhs (+3.27%)

2625.25 7985.26

31521.87 33472.5

948526 1716927.3

237404 18145

713372 43876

11753727 854409

496898 32095

13201401 948526

Calls in lakhs (% Change)

12050 9.51 (+100%)

12100 18.26 (+23%)

12150 8.25 (+16%)

Puts in lakhs (% Change)

11900 18.42 (-27%)

12000 17.81 (-31%)

12100 3.19 (-29%)

Thursday06th June, 2019

Market Summary:

• Nifty June Futures ended Tuesday's session at a premium of +34

vs premium of +25.

• The 06th June expiry Put- Call Open Interest Ratio was at 1.11 for

Nifty whereas it was 1.12 for Bank Nifty.

• The 06th June expiry Put-Call Volume Ratio was at 0.93 for the

Nifty and 0.96 for Bank Nifty.

• For Nifty, Maximum Call Open Interest (OI) stands at 12200 Strike

Price, followed by 12100 Strike Price for 06th June Series. Short

buildup was seen at strikes price 12100-12300.

• Maximum Put Open Interest (OI) was seen at strike price 11900

followed by 12000 strike price for 06th June series. Unwinding of

long positions was seen at strike prices 11500-11900.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 32000

Strike Price and Maximum Put Open Interest stands at 31000

Strike Price.

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

shares worth Rs. 416.08 crores in the Indian Equity Market. DIIs

too sold shares worth Rs. 355.42 crores in the Indian Equity

market.

• Long Buildup: AXIS BANK, MANAPPURAM, ORIENTBANK, REC.

• Short Buildup: INDIACEM, ZEEL, MINDTREE, SUN TV, BIOCON.

• Short Covering: VEDL, MCDOWELL, UPL, TATA STEEL.

• Long Unwinding: ICICI BANK, EXIDE, PAGEIND, OFSS.

• Stocks banned in F&O segment for today: IDBI.

• New In Ban: IBDI.

• 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 Thursday06th June, 2019

NIFTY 12021.65 11986.6 11951.55 12075.95 12130.25 12040.9 11076.35 UP

BANKNIFTY 31589.05 31483.77 31378.48 31723.52 31857.98 31618.23 27597.05 UP

NIFTYMID50 5011.6 4984.47 4957.33 5045.67 5079.73 5018.53 4828.25 UP

ACC 1657.65 1626.82 1595.98 1712.17 1766.68 1681.33 1522.63 UP

ADANIENT 157.6 154.97 152.33 159.77 161.93 157.13 147.5 UP

ADANIPORTS 425.55 418.68 411.82 431.13 436.72 424.27 363.12 UP

AJANTPHARM 1032.65 1016.43 1000.22 1062.43 1092.22 1046.22 1078.07 DOWN

ALBK 45.3 44.43 43.57 46.23 47.17 45.37 44.77 UP

AMARAJABAT 636.4 631.65 626.9 643.5 650.6 638.75 736.97 DOWN

ANDHRABANK 24.75 24.47 24.18 25.12 25.48 24.83 27.84 DOWN

APOLLOTYRE 197.3 193.57 189.83 201.77 206.23 198.03 219.85 DOWN

ARVIND 76.5 75.4 74.3 77.2 77.9 76.1 183.07 DOWN

ASHOKLEY 93.05 91.68 90.32 94.08 95.12 92.72 101.95 DOWN

ASIANPAINT 1421.5 1407.37 1393.23 1445.32 1469.13 1431.18 1365.2 UP

AUROPHARMA 653.75 648.18 642.62 659.53 665.32 653.97 747.81 DOWN

AXISBANK 822.8 809.62 796.43 831.87 840.93 818.68 672.07 UP

BAJAJ-AUTO 2983.9 2959.77 2935.63 3018.67 3053.43 2994.53 2792.66 UP

BAJAJFINSV 8312.85 8274.13 8235.42 8369.78 8426.72 8331.07 6548.04 UP

BAJFINANCE 3531.15 3510.47 3489.78 3550.92 3570.68 3530.23 2686.77 UP

BALKRISIND 794.25 784 773.75 805.5 816.75 795.25 968.13 DOWN

BALRAMCHIN 163.45 159.3 155.15 166.3 169.15 162.15 111.64 UP

BANKBARODA 132.6 130.5 128.4 134.9 137.2 132.8 118.25 UP

BANKINDIA 96.4 94.43 92.47 98.43 100.47 96.47 90.81 UP

BATAINDIA 1374.6 1363.33 1352.07 1387.53 1400.47 1376.27 1158.9 UP

BEL 113.15 111.23 109.32 114.63 116.12 112.72 91.35 UP

BEML 990.9 977.92 964.93 1007.62 1024.33 994.63 815.1 UP

BERGEPAINT 323.35 319.65 315.95 329.7 336.05 326 311.44 UP

BHARATFIN 1031.15 1018.08 1005.02 1048.68 1066.22 1035.62 1012.62 UP

BHARATFORG 463 459.85 456.7 466.9 470.8 463.75 535.88 DOWN

BHARTIARTL 352.4 349.45 346.5 355.65 358.9 352.7 302.19 UP

BHEL 70.9 70.07 69.23 72.37 73.83 71.53 69.9 UP

BIOCON 540.65 533.6 526.55 554.1 567.55 547.05 617.34 DOWN

BPCL 408.35 404.77 401.18 413.92 419.48 410.33 348.77 UP

BRITANNIA 2963.1 2947.73 2932.37 2981.73 3000.37 2966.37 4101.62 DOWN

BSOFT 95.7 94.13 92.57 96.83 97.97 95.27 176.69 DOWN

CANBK 274.7 270.08 265.47 279.83 284.97 275.22 257.58 UP

CANFINHOME 364.85 360.18 355.52 369.33 373.82 364.67 290.98 UP

CASTROLIND 149.9 148.43 146.97 151.43 152.97 149.97 153.27 DOWN

CEATLTD 1012.55 992.93 973.32 1024.83 1037.12 1005.22 1178.42 DOWN

CENTURYTEX 1023.55 1008.27 992.98 1050.92 1078.28 1035.63 880.98 UP

CESC 777.95 770.47 762.98 785.97 793.98 778.48 757.34 UP

CGPOWER 35.5 34.87 34.23 36.37 37.23 35.73 41.58 DOWN

CHENNPETRO 219.05 215.6 212.15 224.95 230.85 221.5 261.87 DOWN

CHOLAFIN 1523.2 1511.27 1499.33 1541.87 1560.53 1529.93 1303.56 UP

CIPLA 562.65 557.5 552.35 571.4 580.15 566.25 565.51 DOWN

COALINDIA 263.4 259.62 255.83 265.67 267.93 261.88 251.16 UP

COLPAL 1149.4 1125.5 1101.6 1171.9 1194.4 1148 1202.25 DOWN

CONCOR 537.65 528.33 519.02 545.63 553.62 536.32 588.91 DOWN

CUMMINSIND 778.1 768.1 758.1 786.2 794.3 776.2 750.52 UP

DABUR 405.55 403.07 400.58 409.17 412.78 406.68 419.89 DOWN

DCBBANK 237.85 233.15 228.45 241 244.15 236.3 179.74 UP

DHFL 111.75 109.98 108.22 114.63 117.52 112.87 248.59 DOWN

DISHTV 27.5 26.8 26.1 28.6 29.7 27.9 42.45 DOWN

DIVISLAB 1586.35 1574.5 1562.65 1604.1 1621.85 1592.25 1507.81 UP

DLF 195.45 192.28 189.12 200.63 205.82 197.47 179.29 UP

DRREDDY 2665.35 2444.08 2222.82 2842.53 3019.72 2621.27 2616.85 UP

EICHERMOT 20043.45 19764.63 19485.82 20341.13 20638.82 20062.32 22622.11 DOWN

ENGINERSIN 121.1 120.22 119.33 122.32 123.53 121.43 117.32 UP

EQUITAS 141.4 140.18 138.97 142.93 144.47 141.72 126.06 UP

ESCORTS 603 595.93 588.87 611.13 619.27 604.07 701.1 DOWN

EXIDEIND 214.9 212.77 210.63 217.47 220.03 215.33 242.99 DOWN

FEDERALBNK 107.8 106.98 106.17 109.13 110.47 108.32 87.28 UP

FORTIS 124 122.87 121.73 125.72 127.43 124.58 138.1 DOWN

GAIL 358.25 355.45 352.65 360.7 363.15 357.9 350.56 UP

GLENMARK 540.6 535.67 530.73 549.07 557.53 544.13 631.48 DOWN

GMRINFRA 15.3 15.15 15 15.55 15.8 15.4 16.76 DOWN

GODREJCP 700.4 695.22 690.03 708.42 716.43 703.23 747.5 DOWN

GODREJIND 500.35 495.2 490.05 504.7 509.05 499.55 521.74 DOWN

GRANULES 109.7 108.83 107.97 110.83 111.97 109.97 101.18 UP

GRASIM 886.5 878.57 870.63 899.17 911.83 891.23 866.59 UP

GSFC 105.4 104.33 103.27 107.13 108.87 106.07 103.6 UP

HAVELLS 779.9 765.8 751.7 790.2 800.5 776.1 695.9 UP

HCC 12.6 12.43 12.27 12.83 13.07 12.67 12.98 DOWN

HCLTECH 1085.85 1073.43 1061.02 1105.83 1125.82 1093.42 1034.82 UP

HDFC 2223.95 2210.67 2197.38 2235.57 2247.18 2222.28 1921.95 UP

HDFCBANK 2452.3 2440.32 2428.33 2465.02 2477.73 2453.03 2130 UP

HDIL 21.7 21.45 21.2 22.05 22.4 21.8 24.29 DOWN

HEROMOTOCO 2752.7 2720.13 2687.57 2810.13 2867.57 2777.57 2874.64 DOWN

HEXAWARE 348.5 344 339.5 356 363.5 351.5 361.76 DOWN

HINDALCO 197.8 196.27 194.73 199.92 202.03 198.38 215.41 DOWN

HINDPETRO 317.85 314.98 312.12 322.73 327.62 319.87 249.52 UP

HINDUNILVR 1815.6 1799.97 1784.33 1838.37 1861.13 1822.73 1717.8 UP

HINDZINC 246.65 244.53 242.42 250.23 253.82 248.12 272.71 DOWN

IBREALEST 123.55 122.05 120.55 125.75 127.95 124.25 97.71 UP

IBULHSGFIN 796.45 785.5 774.55 813.65 830.85 802.7 838.47 DOWN

ICICIBANK 419.1 416.82 414.53 422.07 425.03 419.78 360.65 UP

ICICIPRULI 394.8 389.93 385.07 399.43 404.07 394.57 341.53 UP

ICIL 40.75 40.03 39.32 41.68 42.62 40.97 55.59 DOWN

IDBI 39.7 37.27 34.83 41.42 43.13 38.98 52.3 DOWN

IDEA 13.85 13.63 13.42 14.23 14.62 14.02 32.95 DOWN

IDFC 38.45 38 37.55 39.05 39.65 38.6 41.65 DOWN

IDFCFIRSTB 45.5 44.82 44.13 46.27 47.03 45.58 44.06 UP

IFCI 9.65 9.43 9.22 9.88 10.12 9.67 13.42 DOWN

IGL 344.35 339.47 334.58 347.77 351.18 342.88 281.41 UP

INDIACEM 101.95 99.22 96.48 106.97 111.98 104.23 98.39 UP

INDIANB 273.3 265.53 257.77 286.88 300.47 279.12 255.19 UP

INDIGO 1686.3 1674.2 1662.1 1701.5 1716.7 1689.4 1153.92 UP

INDUSINDBK 1638 1621.02 1604.03 1663.97 1689.93 1646.98 1623.96 UP

INFIBEAM 45.85 45.18 44.52 46.93 48.02 46.27 72.91 DOWN

INFRATEL 274 270.03 266.07 276.48 278.97 272.52 280.95 DOWN

INFY 735.3 732.48 729.67 738.78 742.27 735.97 710.22 UP

IOC 165.35 163.37 161.38 168.67 171.98 166.68 145.62 UP

IRB 121.05 119.12 117.18 123.77 126.48 121.83 145.53 DOWN

ITC 279.25 277.98 276.72 281.33 283.42 280.07 289.81 DOWN

JETAIRWAYS 141.15 136.68 132.22 144.28 147.42 139.82 236.29 DOWN

JINDALSTEL 161.6 159.1 156.6 163.4 165.2 160.9 171.6 DOWN

JISLJALEQS 49.2 48.35 47.5 50.4 51.6 49.55 64.78 DOWN

JPASSOCIAT 4.7 4.67 4.63 4.77 4.83 4.73 7.02 DOWN

JSWENERGY 73.35 72.63 71.92 74.23 75.12 73.52 68.11 UP

JSWSTEEL 274.2 272.4 270.6 276 277.8 274.2 315.44 DOWN

JUBLFOOD 1357.1 1341.28 1325.47 1371.63 1386.17 1355.82 1297.56 UP

JUSTDIAL 757.15 738.73 720.32 785.98 814.82 767.57 534 UP

KOTAKBANK 1531.35 1522.37 1513.38 1540.17 1548.98 1531.18 1266.83 UP

KSCL 533 527.55 522.1 541.2 549.4 535.75 523.49 UP

KTKBANK 113.45 111.77 110.08 115.37 117.28 113.68 114.7 DOWN

L&TFH 136.4 135.15 133.9 137.75 139.1 136.5 140.87 DOWN

LICHSGFIN 566.1 557.73 549.37 571.73 577.37 563.37 480.6 UP

LT 1569.8 1556.87 1543.93 1583.87 1597.93 1570.93 1348.95 UP

LUPIN 740.1 733.93 727.77 750.63 761.17 744.47 837.11 DOWN

M&M 650.75 645.9 641.05 657.5 664.25 652.65 745.71 DOWN

M&MFIN 433.3 426.93 420.57 440.83 448.37 434.47 424.2 UP

MANAPPURAM 138.95 134.93 130.92 142.08 145.22 138.07 100.58 UP

MARICO 376.65 374.33 372.02 378.63 380.62 376.32 352.66 UP

MARUTI 7051.8 6982.7 6913.6 7109.95 7168.1 7040.85 7365.86 DOWN

MCDOWELL-N 571.8 555.33 538.87 581.53 591.27 565.07 573.38 DOWN

MCX 815.95 806.62 797.28 826.87 837.78 817.53 756.75 UP

MGL 890.2 880.13 870.07 903.18 916.17 893.12 889.85 UP

MOTHERSUMI 114.85 112.58 110.32 117.53 120.22 115.27 161.54 DOWN

MRF 57382.45 56404.96 55427.48 57979.96 58577.48 57002.48 62672.14 DOWN

MRPL 63 62.55 62.1 63.5 64 63.05 72.64 DOWN

MUTHOOTFIN 645.7 639 632.3 654.4 663.1 647.7 504.48 UP

NATIONALUM 50.3 49.72 49.13 50.97 51.63 50.38 60.89 DOWN

NBCC 63.15 62.07 60.98 64.32 65.48 63.23 59.75 UP

NCC 97.75 96.47 95.18 99.72 101.68 98.43 90.48 UP

NMDC 103.6 102.53 101.47 104.98 106.37 103.92 102.44 UP

NTPC 135.05 133.35 131.65 136.55 138.05 134.85 147.29 DOWN

OFSS 3377.2 3346.17 3315.13 3427.62 3478.03 3396.58 3663.33 DOWN

OIL 182.15 180.25 178.35 185 187.85 183.1 187.39 DOWN

ONGC 170.6 169.27 167.93 172.72 174.83 171.38 157.05 UP

ORIENTBANK 100.9 96.42 91.93 106.17 111.43 101.68 88.53 UP

PCJEWELLER 73.7 71.65 69.6 76.95 80.2 74.9 82.59 DOWN

PEL 2209.2 2180.55 2151.9 2239.8 2270.4 2211.15 2396.28 DOWN

PETRONET 246.75 244.53 242.32 249.08 251.42 246.87 227.05 UP

PFC 129.65 127.53 125.42 131.58 133.52 129.47 100.65 UP

PIDILITIND 1279.5 1270.98 1262.47 1290.53 1301.57 1282.02 1133.44 UP

PNB 82.4 81.3 80.2 83.7 85 82.6 78.55 UP

POWERGRID 192.95 191.27 189.58 195.32 197.68 193.63 190.05 UP

PTC 70.2 69.75 69.3 71 71.8 70.55 78.36 DOWN

PVR 1777.05 1758.87 1740.68 1801.47 1825.88 1783.28 1514.12 UP

RAMCOCEM 808.05 796.57 785.08 823.02 837.98 811.53 665.33 UP

RAYMOND 850.9 841.12 831.33 860.32 869.73 850.53 775.82 UP

RBLBANK 691.25 685 678.75 701.7 712.15 695.45 592.51 UP

RCOM 1.95 1.9 1.85 2 2.05 1.95 10.13 DOWN

RECLTD 148.65 145.33 142.02 151.58 154.52 148.27 124.32 UP

RELCAPITAL 120.9 117.37 113.83 125.37 129.83 121.83 231.9 DOWN

RELIANCE 1351.65 1341.75 1331.85 1367.9 1384.15 1358 1221.67 UP

RELINFRA 96.95 95.15 93.35 100.1 103.25 98.3 255.4 DOWN

REPCOHOME 400.3 394.93 389.57 406.73 413.17 401.37 422.37 DOWN

SAIL 50.5 49.52 48.53 51.87 53.23 50.88 58.63 DOWN

SBIN 352.4 350.13 347.87 355.93 359.47 353.67 293.5 UP

SHREECEM 21200.5 20857.37 20514.23 21811.82 22423.13 21468.68 17214.16 UP

SIEMENS 1267.25 1258.17 1249.08 1278.17 1289.08 1269.08 1026.04 UP

SOUTHBANK 14.25 14.03 13.82 14.43 14.62 14.22 15.18 DOWN

SREINFRA 24.55 24 23.45 25.1 25.65 24.55 33.11 DOWN

SRF 2896 2846.83 2797.67 2932.33 2968.67 2883.17 2176.6 UP

SRTRANSFIN 1165.4 1155.93 1146.47 1180.93 1196.47 1171.47 1161.95 UP

STAR 433.3 426.25 419.2 438.6 443.9 431.55 455.65 DOWN

SUNPHARMA 411.15 407.53 403.92 416.33 421.52 412.72 496.86 DOWN

SUNTV 536.9 529.95 523 544.4 551.9 537.45 611.95 DOWN

SUZLON 5.45 5.33 5.22 5.63 5.82 5.52 5.95 DOWN

SYNDIBANK 36.75 35.63 34.52 37.88 39.02 36.77 36.48 UP

TATACHEM 630.95 622.5 614.05 642.2 653.45 633.75 654.09 DOWN

TATACOMM 537.6 533.07 528.53 543.72 549.83 539.18 535.45 UP

TATAELXSI 868 861.82 855.63 878.07 888.13 871.88 1026.83 DOWN

TATAGLOBAL 253.45 245.4 237.35 260.1 266.75 252.05 215 UP

TATAMOTORS 173.25 171.37 169.48 176.17 179.08 174.28 195.57 DOWN

TATAMTRDVR 85.7 84.42 83.13 86.82 87.93 85.53 101.93 DOWN

TATAPOWER 66.7 66.1 65.5 67.65 68.6 67.05 71.82 DOWN

TATASTEEL 497.65 492.12 486.58 502.97 508.28 497.43 531.36 DOWN

TCS 2183.1 2164.07 2145.03 2213.07 2243.03 2194.03 2011.67 UP

TECHM 748.3 742.5 736.7 758.4 768.5 752.6 744.92 UP

TITAN 1248 1235.58 1223.17 1268.63 1289.27 1256.22 979.36 UP

TV18BRDCST 29 28.03 27.07 29.63 30.27 28.67 36.09 DOWN

UBL 1339.65 1325.77 1311.88 1357.77 1375.88 1343.88 1339.98 DOWN

UJJIVAN 364.45 359.2 353.95 370.65 376.85 365.4 290.17 UP

ULTRACEMCO 4692 4650.77 4609.53 4757.62 4823.23 4716.38 4007.63 UP

UNIONBANK 78.05 75.75 73.45 80.6 83.15 78.3 80.58 DOWN

UPL 1010.95 1000.85 990.75 1021.95 1032.95 1011.85 794.57 UP

VEDL 165.9 164.03 162.17 167.73 169.57 165.87 193.52 DOWN

VGUARD 243.3 236.52 229.73 248.72 254.13 241.93 205.49 UP

VOLTAS 598.6 592.4 586.2 603.4 608.2 597.2 566.64 UP

WIPRO 293.75 291.05 288.35 296.2 298.65 293.5 314.47 DOWN

WOCKPHARMA 405.75 397.08 388.42 412.53 419.32 403.87 488.49 DOWN

YESBANK 152.8 149.62 146.43 154.92 157.03 151.73 225.26 DOWN

ZEEL 346.05 341.05 336.05 355 363.95 350 439.3 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 31781. Interweek strategy: Buy between 31781-31901 zone, targeting 32921 and then at 33145 zone with stop at 31251.

Hurdles now at 37991 mark. Interweek strategy: Buy at CMP, targeting 37101 and then at 37991-38251 zone with stop at 35751.

Interweek strategy: Sell between 3901-3925 zone, targeting 3621 mark and then aggressive targets at 3501-3511 zone with stop at 4147.

Interweek strategy: Establish short positions between 413-417 zone, targeting 397 zone and then aggressive targets at 369-375 zone with stop at 431.

Natural Gas prices seen at oversold conditions. Support now seen at 163-171 zone. Interweek strategy: Establish long positions only above 181, targeting 201-205 zone with stop at 161.

Technically, USD/INR now faces major hurdles at 71.05. Any corrective advances towards 70.25 will be opportunity to initiate short positions. Interweek Strategy: Sell between 69.70-69.75 zone, targeting 69.05 and then at 67.50. Stop 71.05.

32673 31781 31251 32921 33145 Positive

36855 35751 34701 37991 38251 Neutral

3580 3501 3345 3711 3981 Neutral

403 397 369 419 429 Neutral

166.00 163.00 152.50 181.00 205.00 Neutral

69.26 69.05 67.50 71.05 72.50 Neutral

MCX CRUDE OIL trades with negative bias amidst prolonged Trade-War fears. Hurdles at 3711.

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

Wall Street stages powerful rally on rising hopes of Fed rate cut…

1333 1311 1289 1345 1368 Positive

14.77 14.01 13.05 15.65 16.09 Neutral

51.46 51 49 55.45 59 Neutral

1.1233 1.1023 1.0945 1.1311 1.1545 Neutral

97.22 95.00 92.75 100.00 102.50 Positive

25499 24211 23441 26001 27100 Neutral

Support now seen 1289 zone on closing basis. Major interweek hurdles now seen at 1368. Interweek Strategy: Buy between 1311-1317 zone, targeting 1345 and then at 1361-1368 zone with stop below 1289.

Hurdles now seen at 16.09. Confirmation of major strength only above 15.65. Interweek Strategy: Buy at CMP, targeting 15.65 zone and then at 16.01-16.09 zone with stop below 13.91.

Key hurdles now at 59 zone. Downside risk now seen at 49. Interweek strategy: Establish buy positions between 49-51 zone, targeting 55 zone with strict stop at 48.85.

EUR/USD faces major hurdles at 1.1545. Downside risk seen at 1.1023. Negative bias. Buying advised only above 1.1545 mark.

U.S Dollar index faces hurdles at 100. Downside well supported at 95. Establish long positions at CMP, targeting 100 and then at 102.50 with stop at 95. Positive bias.

Wall Street traded sluggish in Monday's trade amidst trade tariff fears dragged a key bond yield benchmark to its lowest level in about 20 months.

Close S1 S2 R1 R2200 Day

SMA Reversal

Point TrendCommodityExchange


DAILY PIVOT TABLE

MCX ALUMINIUM

MCX CARDAMOM

NCDEX CASTOR

NCDEX CHANA

MCX COPPER

MCX COTTON

MCX CRUDE-OIL

MCX GOLD

NCDEX GUAR GUM

NCDEX GUAR 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

144 142.93 141.87 144.63 145.27 142.2 146.8 DOWN

2543.9 2514.6 2485.3 2568.6 2593.3 1564.51 2387 DOWN

5478 5370 5262 5602 5726 5235.96 5780 UP

4520 4481.33 4442.67 4579.33 4638.67 4273.42 4796 DOWN

410.55 406.9 403.25 412.5 414.45 436.01 415.45 UP

21970 21863.33 21756.67 22063.33 22156.67 21742.5 21450 DOWN

3714 3656 3598 3758 3802 4265.39 3948 UP

32223 32172.67 32122.33 32323.67 32424.33 31602.57 31846 UP

8504 8411.33 8318.67 8573.33 8642.67 8973.07 8722 UP

4241 4192.33 4143.67 4281.33 4321.67 4352.15 4352.5 DOWN

17790 17586.67 17383.33 17916.67 18043.33 17888.47 17845 DOWN

150.3 148.63 146.97 151.48 152.67 141.4 142.45 DOWN

1322.4 1311.4 1300.4 1341.5 1360.6 1617.34 1409.8 UP

169 166.53 164.07 170.73 172.47 220.64 178.4 DOWN

860.7 856.27 851.83 866.87 873.03 866.63 866.4 DOWN

3920 3888.67 3857.33 3939.67 3959.33 3971.78 3887 DOWN

36855 36614 36373 36992 37129 38030.7 35754 UP

3050 3050 3050 3050 3050 3614.83 3015 UP

3620 3598 3576 3647 3674 3503.92 3750 UP

202.9 200.28 197.67 205.08 207.27 192.95 214.25 DOWN

Thursday06th June, 2019

CORPORATE OFFICE

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.


Quantum Global Securities Ltd.

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