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Welcome NoteTuesday

04th 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 Tuesday's trading action at Dalal

Street, dated 4th June 2019.

In early action SGX Nifty is slipping again, but we suspect as the day unfolds,

the said negativity will not last long.

Digging deeper, stocks at our stock markets could waver in morning session

amidst negative catalysts like:

• Sluggish Wall Street cues after Dow Jones index brakes below its 200-

DMA.

• U.S-China trade fears that 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.

• Falling U.S bond yields. The gap between U.S 3-month and 10-year

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

looming. This is really a bad omen for the economy.

That brings to our call of the day which suggests that sentiments may be in

limbo in morning session but as the day progresses optimism should be the

order of the day!

We say so because of the following positive catalysts:

1.The biggest positive triggers continue to be sluggish Crude-oil prices

which are near $53 a barrel as U.S. tariffs on Mexico heightened

concerns for the global economy and demand for oil. Please note, oil

prices have tanked 16% in the month of May.

2.Also helping sentiments would be Monday’s provisional Data where

FII’s bought shares worth Rs. 3069 crores in the Indian Equity market.

3.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.

4.Also, there is a hope that the Reserve Bank of India in its Monetary

Policy meet on June 6th could go for a 25 basis point cut in the repo rate,

taking the total cut to 75 basis points (bps) for this year.

5.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.

6.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 11821. Well, if 11821 holds on Nifty then by

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

period at Dalal Street.

12089 1.39%

31654 0.89%

8328 1.87%

30279 1.43%

3358 0.57%

16361 1.24%

2198 -0.27%

5005 0.85%

2951 1.75%

8537 0.96%

287 0.99%

6567 0.28%

40268 1.39%

12090 -0.28%

Buy on dips.

Positive (12239-12151)

Neutral (11501-12501)

Positive (13001)

12001 & 11829

12201 & 12289

11451



Technical StrategyOutlook for Tuesday: Volatile session likely.

At the moment, Dalal Street continues to be the best amongst big FIIs camp

as Nifty & Sensex climb to fresh record highs as traders 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.

STOCKS TO WATCH:

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

BAJAJ 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.

• SHOW ME THE MONEY: Option Trade: SELL NIFTY 6th JUNE PE

Strike Price 11800 at CMP 10.20. Maximum Profit: Rs. 765/-. Loss:

Unlimited. Stop: Exit Call option if Nifty moves below 11871. (Nifty 6th

June Futures CMP 12089).

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

FII/DII & OPTIONS DATA:

• As per Monday's Provisional Data available on the NSE, FII’s bought

shares worth Rs. 3068.88 crores in the Indian Equity Market. DIIs on

the other hand, sold shares worth Rs. 462.69 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 18 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 26.13 lakh contracts were seen at the 11,500 strike price.

GLOBAL CUES:

• Wall Street ended almost unchanged in Monday's session on backdrop

CENTURY TEXTILE enjoyed a strong

session in yesterday's trade, up 2.92%.

Technically, brace yourselves for a major

breakout play from a complex ‘Flag

pattern’ breakout on the daily charts. An

impulse uptrend is seen forming on the

daily time scale, with positive SAR series,

major confirmation above its intermediate

high at 1061 mark (28th May 2019).

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 Simple

Moving Average (SMA) of the stock on the

daily chart is currently at 881 zone. The

level of Rs 881-901 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.

Establish long positions between 1023-

1037 zone. Targets 1091/1121. Stop 997.

CENTURY TEXTILE

Action

Target

Support

Resistance

Holding Period

1061

BUY

1111

1037/1001

1121/1193

15 Days



of new set of worries in the form of anti-immigration tariffs threatened to be imposed by Trump on Mexico.

• Also, fundamentals' were finally catching up to some of the bond markets warning, as last week 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.

• In last week's trade, the Dow Jones lost 3.00% and the Nasdaq lost 2.37% while the S&P 500 lost 2.62%.

ECONOMIC CUES:

• 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 ($1327): Support now seen 1291 zone on closing basis. Major interweek hurdles now seen at 1368. Interweek

Strategy: Buy between 1311-1315 zone, targeting 1345 and then at 1361-1368 zone with stop below 1289.

• WTI CRUDE-OIL (53.36): Key hurdles now at 60 zone. Downside risk now seen at 49. Interweek strategy: Establish buy

positions between 51-52 zone, targeting 55-57 zone and then at 60 zone with strict stop at 48.85.

• MCX COPPER (408): Interweek strategy: Establish short positions between 417-419 zone, targeting 397 zone and then

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

CURRENCIES & BONDS:

• In MOnday'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 Monday's trade, the benchmarks Sensex & Nifty witnessed spectacular strength to end at fresh life-all-time-highs.

The Sensex hit day's high above the psychological 40,000 level and the Nifty hit day's high above the psychological

12,000 level.

• Nifty continues to trade way above its 21 DMA & 200 DMA placed at 11539 & 11055 mark respectively.

• The market breadth, indicating the overall health of the market was negative. The BSE Mid-Cap index rose 0.90%. The

BSE Small-Cap index rose 0.48%.

• 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.

Sideways Shuffle and then updraft...

• Preferred trade on Nifty (12089): Buy between 12011-12021 zone. Targets 12151/12301. Stop 11829.

• Preferred trade on Bank Nifty (31654): Buy at CMP. Targets 31751/32501. Stop 30771.

Daily chart of Nifty:

WHAT TECHNICALS TELLS US ON NIFTY:

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

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 !


Hopes of rate cut by RBI should keep AXIS BANK in limelight. Key intraday support at 789. Interweek Strategy: Buy between 805-810 zone, targeting 825 zone and then at 875-901 zone with stop below 789.

The recent sequence of higher high/low is intact on daily/weekly/monthly charts. Interweek Strategy: Buy at CMP, targeting 3545/3657. Stop 3449.

The interweek risk is on the upside with immediate targets at its all-time-high at 1871. Momentum oscillators signaling major strength. Interweek Strategy: Buy between 1811-1821 zone. Targets 1871/1907. Stop 1771.

Positive reverse divergences seen on daily charts. Positive interweek bias as ong as 763 support is held. Interweek Strategy: Buy between 797-805 zone, targeting 851/901. Stop 763.

Hopes of rate cut by RBI should keep INDUSIND BANK in limelight. The stock is seen rebounding from a probable double bottom pattern. Interweek Strategy: Buy between 1621-1631 zone, targeting 1693/1834. Stop 1593.

Banking Stocks Are Soaring on Hopes Of Rate Cut By RBI. INDUSIND BANK Preferred Bet On Buy Side.

AXIS BANK

BAJAJ FINANCE

HINDUSTAN UNILEVER (HUL)

IBULLHSG FINANCE

INDUSIND BANK

813 799 789 825 901 Positive

3511 3449 3421 3545 3657 Positive

1840 1799 1771 1871 1907 Positive

811 787 763 851 901 Positive

1658 1601 1541 1693 1834 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 EXIDE JUNE FUTURES at CMP 216.10. Targets at

219.35 and then at 225. Stop: 210.35. Holding Period: Intraday.

Analyst’s Remark: Oversold Zone (Exide June Futures CMP

216.10).

Option Call: SELL BANK NIFTY 06th JUNE PE Strike Price 31200 at

CMP 71.05. Maximum Profit: Rs. 1,421/-. Loss: Unlimited. Stop:

Exit Put option if Bank Nifty moves below 31251. (Bank Nifty June

Futures CMP 31679.95).

12088.55 (+1.39%)

31653.65 (+0.89%)

15.9675 (-0.62%)

+25 vs -06

1.98 crores (+8.77%)

19.99 lakhs (+9.13%)

7985.26 2891.4

33472.5 42197

1716927.3 868179.17

610686 47520.82

1472856 89463.04

20644574 1510712.28

1084874 69051.16

23812990 1716927.3

Calls in lakhs (% Change)

12000 8.11 (-62%)

11900 3.55 (-51%)

11800 1.75 (-23%)

Puts in lakhs (% Change)

12000 2.6 (+465%)

11950 9.38 (+627%)

11900 2.51 (-123%)

Tuesday04th June, 2019

Market Summary:

• Nifty June Futures ended Monday's session at a premium of +25

vs discount of -06.

• The 06th June expiry Put- Call Open Interest Ratio was at 1.68 for

Nifty whereas it was 1.23 for Bank Nifty.

• The 06th June expiry Put-Call Volume Ratio was at 0.99 for the

Nifty and 0.84 for Bank Nifty.

• For Nifty, Maximum Call Open Interest (OI) stands at 12100 Strike

Price, followed by 12200 Strike Price for 06th June Series. Short

covering was seen at strikes price 12000-12100.

• Maximum Put Open Interest (OI) was seen at strike price 12000

followed by 11900 strike price for 06th June series. Short buildup

was seen at strike prices 11200-12200.

• 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 Monday’s Provisional Data available on the NSE, FII’s

bought shares worth Rs. 3068.88 crores in the Indian Equity

Market. DIIs on the other hand, sold shares worth Rs. 462.69

crores in the Indian Equity market.

• Long Buildup: PFC, ICICI BANK, SBIN, EXIDE, INDIANB.

• Short Buildup: SUN TV, KSCL, AUROPHARMA, BOSCH.

• Short Covering: COAL INDIA, IOC, L&TFH, SUNPHARMA.

• Long Unwinding: GSFC, IRB, UBL.

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

• 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 Tuesday04th June, 2019

NIFTY 12092.8 11974.25 11855.7 12157.2 12221.6 12038.65 11073.21 UP

BANKNIFTY 31642.15 31393.03 31143.92 31782.93 31923.72 31533.82 27578.43 UP

NIFTYMID50 5003.3 4959.83 4916.37 5028.13 5052.97 4984.67 4828.28 UP

ACC 1723.25 1691.17 1659.08 1742.17 1761.08 1710.08 1522.02 UP

ADANIENT 158.55 152.83 147.12 163.08 167.62 157.37 147.44 UP

ADANIPORTS 423.15 414.72 406.28 428.97 434.78 420.53 362.85 UP

AJANTPHARM 1049.95 1036.27 1022.58 1057.42 1064.88 1043.73 1078.61 DOWN

ALBK 44.6 44.02 43.43 45.22 45.83 44.63 44.76 DOWN

AMARAJABAT 638.9 630.35 621.8 645.2 651.5 636.65 737.93 DOWN

ANDHRABANK 24.65 24.22 23.78 24.97 25.28 24.53 27.89 DOWN

APOLLOTYRE 196.2 192.93 189.67 198.73 201.27 195.47 220.25 DOWN

ARVIND 75.75 73.8 71.85 76.95 78.15 75 184.7 DOWN

ASHOKLEY 92.15 89.2 86.25 93.7 95.25 90.75 102.09 DOWN

ASIANPAINT 1460 1438.35 1416.7 1473.3 1486.6 1451.65 1365.22 UP

AUROPHARMA 656.65 644.15 631.65 665 673.35 652.5 747.63 DOWN

AXISBANK 813 805.85 798.7 817.4 821.8 810.25 670.92 UP

BAJAJ-AUTO 3030.15 2930.52 2830.88 3103.87 3177.58 3004.23 2791.15 UP

BAJAJFINSV 8345 8237.67 8130.33 8408.67 8472.33 8301.33 6541.44 UP

BAJFINANCE 3516.4 3474.3 3432.2 3544.2 3572 3502.1 2682.88 UP

BALKRISIND 784 768.07 752.13 802.42 820.83 786.48 970.28 DOWN

BALRAMCHIN 156 153.23 150.47 158.23 160.47 155.47 111.19 UP

BANKBARODA 131.55 129.2 126.85 133.9 136.25 131.55 118.32 UP

BANKINDIA 95.4 93.9 92.4 96.25 97.1 94.75 90.81 UP

BATAINDIA 1369.45 1333.95 1298.45 1387.6 1405.75 1352.1 1156.86 UP

BEL 111.25 110.37 109.48 112.42 113.58 111.53 91.36 UP

BEML 1002.05 975.93 949.82 1016.23 1030.42 990.12 814.5 UP

BERGEPAINT 328.25 325.53 322.82 331.78 335.32 329.07 311.4 UP

BHARATFIN 1041.05 1006.43 971.82 1060.23 1079.42 1025.62 1013.47 UP

BHARATFORG 465 455.28 445.57 473.58 482.17 463.87 536.76 DOWN

BHARTIARTL 352.2 348.78 345.37 355.68 359.17 352.27 302.16 UP

BHEL 71.7 70.08 68.47 72.78 73.87 71.17 69.92 UP

BIOCON 555.4 544.67 533.93 562.47 569.53 551.73 617.52 DOWN

BPCL 416.85 412.03 407.22 420.78 424.72 415.97 348.7 UP

BRITANNIA 2956.1 2928 2899.9 2992.1 3028.1 2964 4117.74 DOWN

BSOFT 96 94.73 93.47 96.63 97.27 95.37 177.74 DOWN

CANBK 271.4 266.4 261.4 274.85 278.3 269.85 257.64 UP

CANFINHOME 361.5 354.87 348.23 365.57 369.63 358.93 290.8 UP

CASTROLIND 149.45 147.72 145.98 150.67 151.88 148.93 153.32 DOWN

CEATLTD 985.55 973.77 961.98 998.57 1011.58 986.78 1180.39 DOWN

CENTURYTEX 1061 1032.3 1003.6 1075.35 1089.7 1046.65 880.4 UP

CESC 769 746.23 723.47 784.78 800.57 762.02 758.14 UP

CGPOWER 35.9 35.03 34.17 36.38 36.87 35.52 41.7 DOWN

CHENNPETRO 224.7 220.63 216.57 228.13 231.57 224.07 262.44 DOWN

CHOLAFIN 1528 1517.78 1507.57 1541.33 1554.67 1531.12 1303.12 UP

CIPLA 568.25 557.35 546.45 574.3 580.35 563.4 565.85 UP

COALINDIA 260.15 254.93 249.72 263.63 267.12 258.42 251.21 UP

COLPAL 1172.1 1158.57 1145.03 1179.47 1186.83 1165.93 1202.25 DOWN

CONCOR 531.25 524.68 518.12 538.93 546.62 532.37 589.41 DOWN

CUMMINSIND 772.75 761.8 750.85 789.2 805.65 778.25 750.04 UP

DABUR 408.8 401.4 394 412.85 416.9 405.45 420.08 DOWN

DCBBANK 232.5 230.38 228.27 234.73 236.97 232.62 179.37 UP

DHFL 113.35 111.47 109.58 115.12 116.88 113.23 251.09 DOWN

DISHTV 28.6 28.05 27.5 29.3 30 28.75 42.65 DOWN

DIVISLAB 1620.5 1584.37 1548.23 1638.82 1657.13 1602.68 1505.71 UP

DLF 195.8 190.73 185.67 198.88 201.97 193.82 179.25 UP

DRREDDY 2723.4 2670.87 2618.33 2757.47 2791.53 2704.93 2614.81 UP

EICHERMOT 19980 19670.03 19360.07 20179.98 20379.97 19870.02 22659.67 DOWN

ENGINERSIN 122.5 119.35 116.2 125.2 127.9 122.05 117.38 UP

EQUITAS 140 138.17 136.33 141.77 143.53 139.93 126.09 UP

ESCORTS 605.35 589.03 572.72 615.83 626.32 599.52 702.45 DOWN

EXIDEIND 214.9 211.62 208.33 216.92 218.93 213.63 243.35 DOWN

FEDERALBNK 107.75 106.7 105.65 108.5 109.25 107.45 87.18 UP

FORTIS 124.7 124.08 123.47 125.33 125.97 124.72 138.21 DOWN

GAIL 358.2 354.73 351.27 363.53 368.87 360.07 350.64 UP

GLENMARK 548 542.53 537.07 551.23 554.47 545.77 631.74 DOWN

GMRINFRA 15.45 15.22 14.98 15.67 15.88 15.43 16.77 DOWN

GODREJCP 704 693.4 682.8 712.8 721.6 702.2 748.49 DOWN

GODREJIND 500.5 495.17 489.83 503.67 506.83 498.33 522.39 DOWN

GRANULES 110.15 108.77 107.38 111.22 112.28 109.83 101.17 UP

GRASIM 894.6 887.43 880.27 899.33 904.07 892.17 867.25 UP

GSFC 106.3 104.8 103.3 108.15 110 106.65 103.64 UP

HAVELLS 769.95 751.6 733.25 780.15 790.35 761.8 695.39 UP

HCC 12.6 12.35 12.1 12.9 13.2 12.65 12.97 DOWN

HCLTECH 1117 1096.43 1075.87 1128.28 1139.57 1107.72 1034.24 UP

HDFC 2230.35 2203.7 2177.05 2246 2261.65 2219.35 1920.72 UP

HDFCBANK 2453 2432.03 2411.07 2466.88 2480.77 2445.92 2128.37 UP

HDIL 21.6 21.25 20.9 22.2 22.8 21.85 24.29 DOWN

HEROMOTOCO 2835 2744.95 2654.9 2892.1 2949.2 2802.05 2877.34 DOWN

HEXAWARE 359.3 354.85 350.4 364.25 369.2 359.8 362.39 DOWN

HINDALCO 199.5 195.8 192.1 201.8 204.1 198.1 215.51 DOWN

HINDPETRO 325.2 319.83 314.47 332.03 338.87 326.67 249.37 UP

HINDUNILVR 1838.45 1805.3 1772.15 1858.3 1878.15 1825.15 1717.37 UP

HINDZINC 247.85 245.47 243.08 249.82 251.78 247.43 272.91 DOWN

IBREALEST 123.8 121.2 118.6 126.7 129.6 124.1 97.82 UP

IBULHSGFIN 812 786.4 760.8 827.7 843.4 802.1 841.3 DOWN

ICICIBANK 422.9 419.53 416.17 426.33 429.77 422.97 360.12 UP

ICICIPRULI 397.8 389.82 381.83 404.72 411.63 396.73 341.65 UP

ICIL 41.15 40.28 39.42 42.33 43.52 41.47 55.81 DOWN

IDBI 36.95 36.33 35.72 37.73 38.52 37.12 52.41 DOWN

IDEA 14.05 13.85 13.65 14.2 14.35 14 33.16 DOWN

IDFC 38.55 37.47 36.38 39.22 39.88 38.13 41.7 DOWN

IDFCFIRSTB 45.2 44.37 43.53 45.87 46.53 45.03 44.04 UP

IFCI 9.6 9.42 9.23 9.87 10.13 9.68 13.45 DOWN

IGL 337.15 332.3 327.45 343.9 350.65 339.05 281.17 UP

INDIACEM 107.4 104.75 102.1 109 110.6 106.35 98.49 UP

INDIANB 287.3 276.4 265.5 293.9 300.5 283 255.69 UP

INDIGO 1685.3 1673.9 1662.5 1703.85 1722.4 1692.45 1150.69 UP

INDUSINDBK 1658.2 1609.6 1561 1686.9 1715.6 1638.3 1625.72 UP

INFIBEAM 46 45.08 44.17 47.03 48.07 46.12 73.6 DOWN

INFRATEL 268.8 265.47 262.13 274.07 279.33 270.73 281.01 DOWN

INFY 745.1 732.43 719.77 754.33 763.57 741.67 710.06 UP

IOC 169.7 167.58 165.47 171.28 172.87 169.17 145.63 UP

IRB 122.1 120.4 118.7 124.4 126.7 122.7 145.91 DOWN

ITC 278.65 275.47 272.28 281.67 284.68 278.48 289.92 DOWN

JETAIRWAYS 139.5 136.57 133.63 145.07 150.63 142.13 237.1 DOWN

JINDALSTEL 159.95 156.3 152.65 163 166.05 159.35 171.86 DOWN

JISLJALEQS 49.85 48.75 47.65 50.65 51.45 49.55 64.96 DOWN

JPASSOCIAT 4.75 4.7 4.65 4.85 4.95 4.8 7.07 DOWN

JSWENERGY 72.85 71.87 70.88 73.62 74.38 72.63 68.08 UP

JSWSTEEL 274.25 270.23 266.22 277.18 280.12 273.17 315.77 DOWN

JUBLFOOD 1341.7 1313.88 1286.07 1360.68 1379.67 1332.87 1298.23 UP

JUSTDIAL 817 768.1 719.2 842.8 868.6 793.9 533.17 UP

KOTAKBANK 1532.45 1514.03 1495.62 1542.83 1553.22 1524.42 1265.6 UP

KSCL 538.5 530.78 523.07 548.58 558.67 540.87 523.82 UP

KTKBANK 113.35 111.9 110.45 114.5 115.65 113.05 114.73 DOWN

L&TFH 136.35 133.68 131.02 137.83 139.32 135.17 141.07 DOWN

LICHSGFIN 559.95 555.2 550.45 563.8 567.65 559.05 480.59 UP

LT 1565.05 1550.97 1536.88 1574.57 1584.08 1560.48 1347.6 UP

LUPIN 745 740.92 736.83 749.37 753.73 745.28 837.74 DOWN

M&M 653.4 639.3 625.2 663.25 673.1 649.15 747.09 DOWN

M&MFIN 434 424.92 415.83 440.37 446.73 431.28 424.46 UP

MANAPPURAM 134.15 132.42 130.68 136.17 138.18 134.43 100.44 UP

MARICO 376.35 372.63 368.92 379.83 383.32 376.12 352.58 UP

MARUTI 7035.05 6845.03 6655.02 7140.03 7245.02 6950.02 7377.72 DOWN

MCDOWELL-N 558 550.28 542.57 565.33 572.67 557.62 573.46 DOWN

MCX 822 809.73 797.47 830.58 839.17 818.32 757.1 UP

MGL 890 881.33 872.67 899.33 908.67 890.67 890.2 DOWN

MOTHERSUMI 113.55 111.2 108.85 116.35 119.15 114 162.04 DOWN

MRF 55901 55383.35 54865.7 56425.3 56949.6 55907.65 62770.72 DOWN

MRPL 63.35 62.73 62.12 64.38 65.42 63.77 72.73 DOWN

MUTHOOTFIN 640 635.65 631.3 647.7 655.4 643.35 503.34 UP

NATIONALUM 50.25 49.35 48.45 50.9 51.55 50 60.97 DOWN

NBCC 62.9 61.03 59.17 63.93 64.97 62.07 59.82 UP

NCC 99.2 95.33 91.47 102.13 105.07 98.27 90.46 UP

NMDC 103.9 101.43 98.97 105.23 106.57 102.77 102.49 UP

NTPC 133.45 132.5 131.55 134.6 135.75 133.65 147.41 DOWN

OFSS 3443.75 3409.5 3375.25 3461.5 3479.25 3427.25 3666.06 DOWN

OIL 182.35 179.5 176.65 184.05 185.75 181.2 187.55 DOWN

ONGC 173.2 169.4 165.6 175.1 177 171.3 157.04 UP

ORIENTBANK 98.3 96.62 94.93 99.92 101.53 98.23 88.42 UP

PCJEWELLER 74.3 73.05 71.8 76.4 78.5 75.15 82.67 DOWN

PEL 2225.1 2200.4 2175.7 2242.4 2259.7 2217.7 2399.78 DOWN

PETRONET 245.95 243.87 241.78 248.92 251.88 246.83 226.97 UP

PFC 127.65 124.27 120.88 129.62 131.58 126.23 100.43 UP

PIDILITIND 1293.05 1282.23 1271.42 1304.03 1315.02 1293.22 1132.55 UP

PNB 82.15 80.2 78.25 83.25 84.35 81.3 78.55 UP

POWERGRID 192.6 190.57 188.53 194.07 195.53 192.03 190.03 UP

PTC 70.65 69.13 67.62 71.53 72.42 70.02 78.43 DOWN

PVR 1783.15 1763.92 1744.68 1798.57 1813.98 1779.33 1511.35 UP

RAMCOCEM 819.35 809.67 799.98 827.67 835.98 817.98 664.59 UP

RAYMOND 841.95 829.4 816.85 849.7 857.45 837.15 775.56 UP

RBLBANK 695.55 686.95 678.35 700.6 705.65 692 591.88 UP

RCOM 1.95 1.9 1.85 2.05 2.15 2 10.2 DOWN

RECLTD 145.15 144 142.85 146.15 147.15 145 124.17 UP

RELCAPITAL 120.25 117.72 115.18 123.37 126.48 120.83 233.45 DOWN

RELIANCE 1363 1333.72 1304.43 1379.77 1396.53 1350.48 1220.85 UP

RELINFRA 98.85 97.03 95.22 102.23 105.62 100.42 256.98 DOWN

REPCOHOME 400 394.7 389.4 408.6 417.2 403.3 423.43 DOWN

SAIL 51.25 49.7 48.15 52.2 53.15 50.65 58.78 DOWN

SBIN 355.75 351.45 347.15 358.25 360.75 353.95 293.26 UP

SHREECEM 21914.9 21659.63 21404.37 22060.08 22205.27 21804.82 17194.71 UP

SIEMENS 1280.05 1261.25 1242.45 1295.1 1310.15 1276.3 1024.85 UP

SOUTHBANK 14.2 13.97 13.73 14.37 14.53 14.13 15.2 DOWN

SREINFRA 24.4 24.07 23.73 24.92 25.43 24.58 33.27 DOWN

SRF 2854 2796.22 2738.43 2889.72 2925.43 2831.93 2171.23 UP

SRTRANSFIN 1170.7 1156.93 1143.17 1188.13 1205.57 1174.37 1163.21 UP

STAR 435.8 423.77 411.73 442.62 449.43 430.58 455.45 DOWN

SUNPHARMA 417 410.13 403.27 421.23 425.47 414.37 497.65 DOWN

SUNTV 541.9 538.02 534.13 548.97 556.03 545.08 613.33 DOWN

SUZLON 5.5 5.45 5.4 5.55 5.6 5.5 5.96 DOWN

SYNDIBANK 35.8 35.12 34.43 36.27 36.73 35.58 36.5 DOWN

TATACHEM 630 625.08 620.17 638.83 647.67 633.92 654.28 DOWN

TATACOMM 541 534.8 528.6 544.9 548.8 538.7 535.67 UP

TATAELXSI 879.35 866.82 854.28 888.37 897.38 875.83 1029.41 DOWN

TATAGLOBAL 244.95 242.37 239.78 247.47 249.98 244.88 214.92 UP

TATAMOTORS 175 170.6 166.2 177.2 179.4 172.8 195.97 DOWN

TATAMTRDVR 85.25 82.8 80.35 86.55 87.85 84.1 102.2 DOWN

TATAPOWER 68.45 67.72 66.98 69.22 69.98 68.48 71.84 DOWN

TATASTEEL 497.5 487.78 478.07 504.53 511.57 494.82 531.74 DOWN

TCS 2240.15 2201.32 2162.48 2263.32 2286.48 2224.48 2010.58 UP

TECHM 758.7 750.5 742.3 765.4 772.1 757.2 744.48 UP

TITAN 1268.75 1241.17 1213.58 1282.67 1296.58 1255.08 977.76 UP

TV18BRDCST 28 27.57 27.13 28.37 28.73 27.93 36.2 DOWN

UBL 1334.5 1322.05 1309.6 1348.75 1363 1336.3 1339.05 DOWN

UJJIVAN 361.2 356.75 352.3 367.45 373.7 363 290.26 UP

ULTRACEMCO 4759 4728.47 4697.93 4791.12 4823.23 4760.58 4005.18 UP

UNIONBANK 76.65 75.15 73.65 77.55 78.45 76.05 80.62 DOWN

UPL 1010.85 999.35 987.85 1016.6 1022.35 1005.1 792.77 UP

VEDL 164.2 160.67 157.13 166.37 168.53 162.83 193.82 DOWN

VGUARD 235.75 232.27 228.78 240.57 245.38 237.08 205.33 UP

VOLTAS 592 581.7 571.4 598.6 605.2 588.3 566.53 UP

WIPRO 291.5 288.48 285.47 293.28 295.07 290.27 314.39 DOWN

WOCKPHARMA 402 388.87 375.73 408.82 415.63 395.68 489.44 DOWN

YESBANK 149.65 146.13 142.62 151.53 153.42 148.02 226.41 DOWN

ZEEL 358.85 352.93 347.02 365.38 371.92 359.47 440.21 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 417-419 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.

32500 31781 31251 32921 33145 Positive

36750 35751 34701 37991 38251 Neutral

3710 3621 3501 3981 4145 Neutral

407 397 369 419 429 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: Prices trades with negative bias amidst prolonged Trade-War fears. Hurdles at 4145.

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 sluggish in Monday's trade as falling bond yields renews recession fears.

1329 1311 1289 1345 1368 Positive

14.77 14.01 13.05 15.65 16.09 Neutral

53.65 51 49 57.05 60 Neutral

1.2440 1.1023 1.0945 1.1311 1.1545 Neutral

97.22 95.00 92.75 100.00 102.50 Positive

24863 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 60 zone. Downside risk now seen at 49. Interweek strategy: Establish buy positions between 51-52 zone, targeting 55-57 zone and then at 60 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

143.15 142.23 141.32 143.83 144.52 142.21 146.8 DOWN

2449.3 2437.53 2425.77 2464.53 2479.77 1551.04 2387 DOWN

5702 5676.67 5651.33 5732.67 5763.33 5225.59 5780 UP

4611 4558.33 4505.67 4675.33 4739.67 4269.58 4532 DOWN

406.95 405.3 403.65 409.8 412.65 436.14 420 UP

22410 22036.67 21663.33 22596.67 22783.33 21762.6 21430 DOWN

3775 3697.67 3620.33 3912.67 4050.33 4274.83 4291 UP

32098 31904.67 31711.33 32207.67 32317.33 31576.97 31185 UP

8504 8412 8320 8619 8734 8977.11 8722 UP

4265.5 4223.67 4181.83 4308.67 4351.83 4351.91 4352.5 DOWN

17410 17335 17260 17500 17590 17912.3 17845 DOWN

124.4 123.72 123.03 125.17 125.93 141.36 128.15 DOWN

1431.7 1357.23 1282.77 1468.93 1506.17 1620.37 1462.35 DOWN

172.3 169.3 166.3 177.9 183.5 221.01 197.7 DOWN

840.3 837 833.7 846 851.7 867.5 866.4 DOWN

3949 3938 3927 3967 3985 3974.3 3887 DOWN

36449 36264.67 36080.33 36671.67 36894.33 38041.25 36742.5 UP

3050 3050 3050 3050 3050 3614.83 3015 DOWN

3698 3681.33 3664.67 3714.33 3730.67 3501.28 3780 UP

211.95 210.45 208.95 212.7 213.45 192.68 216.2 DOWN

Tuesday04th June, 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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