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Welcome NoteWednesday

27th March, 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 Wednesday's trading action at Dalal

Street, dated 27th March 2019.

The bull market at Dalal Street is raging since 19th Feb 2019.

It is a joy to watch Nifty's breathtaking up-move of 9% in this period. The

speed and magnitude was remarkable thanks in part to easing off of border

geopolitical tensions and then most importantly, hopes that Prime Minister

Narendra Modi will come back to power after the upcoming general elections.

The big FII's have been supportive in this phase. According to depository

data, foreign investors pumped in a net sum of Rs 27,231 crore in equities in

March 2019.

And if yesterday's trading action is any indication then investors seem to be

moving past the recent U.S inverted yield curve and the recession worries.

Honestly speaking, betting against these negative catalysts have been a

foolish endeavor.

That brings to our call of the day which says that the needle right now is

pointing to the positive side and the bullish takeaway is that many a

momentum stocks may simply roar.

The 3 Must-Own Stocks as Dalal Street Skyrockets!

1.NCC.

2.SIEMENS.

3.ORIENTAL BANK OF COMMERCE.

'Fast Motion Panic Buying' quite likely to be the theme at Dalal Street as Nifty

eyes its all-time-high at 11,760 mark.

The key positive catalyst: Resumption of U.S.-China trade negotiations likely

to keep hope alive of trade truce. A resolution of disagreements on tariffs

could offer a boost to worldwide stock markets, providing some optimism to

investors wringing their hands over growing signs of a slowdown in economic

expansion across the globe — possibly exacerbated by the trade dispute.

Long story short: Close your eyes, hold your nose and ignore the

many risks facing the worldwide stock markets amidst global

growth concerns.

Nifty's make-or-break intraday support at 11375 mark!

Outlook for Wednesday: Buy on dips!

So the theme in near term will be centered around the trade negotiations

between Beijing and Washington that is scheduled to kick off this Thursday,

with U.S. Trade Representative Robert Lighthizer and Treasury Secretary

Steven Mnuchin to help complete long-running discussions between the

world’s largest economies.

11483 1.14%

29882 2.05%

8287 0.59%

29958 0.12%

3190 0.99%

15357 -0.39%

2363 0.86%

4956 1.47%

2981 1.05%

9245 0.82%

264 0.86%

6510 1.16%

38233 1.14%

11508 -0.16%

Buy on dips!

Neutral (11421-11551)

Neutral (10951-11751)

Positive (12001)

11431 & 11375.

11577 & 11760

10937



Technical StrategyAlso commanding attention would be the Brexit in the U.K. A disorderly exit

from the EU by Britain could unsettle global benchmarks, market participants

fear.

Meanwhile, volatility could be hallmark of 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, ORIENTAL BANK OF COMMERCE and KOTAK BANK on any

corrective declines.

• BULLISH STOCKS: NCC, OBC, BOI, PNB, PIDILITE, HPCL, IOC, SRF,

AXIS BANK, ONGC, SIEMENS, KOTAK BANK, BAJAJ FINANCE,

RELIANCE INDUSTRIES, TITAN, PIDILITE, JUBILANT FOODS.

• BEARISH STOCKS: AMARA RAJA BATTERY, BALKRISHNA

INDUSTRIES, BHARTI AIRTEL, CASTROL, HEROMOTO CORP,

MCDOWELL, MOTHERSON SUMI, ULTRATECH, INDIA CEMENT,

HINDALCO, TATA MOTORS, LUPIN.

• SHOW ME THE MONEY:

• BUY NCC (111.80): NCC is aiming to stage a significant rebound.

Momentum oscillators signaling strength. Interweek Strategy: Buy

between 110-111.50 zone, targeting 115 and then more aggressive

targets located at 118-119 zone. Stop below 108.05.

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

POWER, IDBI, JETAIRWAYS, RPOWER.

FII/DII & OPTIONS DATA:

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

shares worth Rs. 999.02 crores in the Indian Equity Market. DIIs on the

other hand, sold shares worth Rs. 196.70 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 29.98 lakh

contracts were seen at the 11,500 strike price. Key support level for the

December series is at 11,000 as Maximum Put open interest of 32.15

lakh contracts were seen at the 11,000 strike price.

Larsen & Toubro (L&T) is one of the largest Indian

multi-national firm and a leading construction

company in India. The company has business

interests in engineering, construction,

manufacturing goods, information technology,

and financial services. The key positive catalysts

proving revenue visibility:

• Presence in diversified segments.

• Healthy order book position.

• Regular order inflows.

• Healthy project execution

• Cost-cutting initiatives

Technically, brace yourselves for a major

breakout play from a complex ‘Flag pattern’

breakout on the 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 1471 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 1322

zone. The level of Rs 1322-1325 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 the stock at CMP, and

on dips between 1325-1345 zone, targeting all-

time-highs at 1471 and then logical targets at its

psychological 1501 zone. Aggressive targets

placed at 1651 mark. Stops below 1201. Holding

Period: 3 Months+.

LARSEN

Action

Target

Support

Resistance

Holding Period

1373

BUY

1471

1331/1275

1471/1750

60 Days



GLOBAL CUES:

• In Wednesday's trade at Wall Street, stocks were mostly seen trading with positive bias, but 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.

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 ($1321): 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 (60.15): Bias continues to be positive. Key support now at 58.25 zone. Interweek strategy: Establish

buy positions between 58.25-58.75 zone, targeting 61 zone and then at 63.50 with strict stop at 57.45..

• 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 Tuesday's trade, the Indian Rupee appreciated by 8 paise against the dollar to close at 68.86.

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 Tuesday's trade, the benchmarks witnessed major rebound, up 129 points at 11483. The positive takeaway was that

Nifty ended just a tad below its psychological 11500 mark. Sensex however reclaimed and settled above 38000 mark.

• Nifty continues to trade way above its 21 DMA & 200 DMA placed at 11133 & 10907 mark respectively.

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

gained 1.09%. The BSE Small-Cap index rose 0.66%.

• 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 11431 and then at 11375 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 11201-11,701 range in near term with

neutral bias.

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

Hopes alive of Nifty reclaiming its all-time-high at 11760.

A. Preferred trade on Nifty (11483): Buy between 11431-11451 zone. Targets 11577/11670. Stop 11301.

B. Preferred trade on Bank Nifty (29882): Buy between 29500-29650 zone. Targets 30001/30501. Stop 29201.

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 !


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 377 support is held. Interweek Strategy: Buy between 388-392.50 zone, targeting 402.50 and then at 409-411 zone with stop below 383.

The interweek risk is on the upside with immediate targets at 1417. Momentum oscillators signaling major strength. Interweek Strategy: Buy at CMP, targeting 1417 and then at 1475-1501 zone with stop below 1299.

OBC has been a major outperformer in March 2019, up 30.42% versus Nifty's gain of 6.40%. The stock has just signaled a breakout on daily charts. Key support seen at 103-105 zone. Interweek Strategy: Buy between 106-107.50 zone, targeting 111 and then at 13-115 zone. Stop below 105.

NCC is aiming to stage a significant rebound. Momentum oscillators signaling strength. Interweek Strategy: Buy between 110-111.50 zone, targeting 115 and then more aggressive targets located at 118-119 zone. Stop below 108.05.

Oversold conditions prevail. Confirmation of strength above 1111 mark. Interweek Strategy: Buy at CMP, targeting 1111 and then more aggressive targets located at 1175-1179 zone. Stop below 1019.

NCC: Looking Through a Bull's Eyes. Aggressive Targets at 119.

ICICI BANK

KOTAK BANK

ORIENTAL BANK OF COMMERCE (OBC)

NCC

SIEMENS

394 387 377 402.5 411 Positive

1343 1299 1258 1417 1501 Positive

108.05 105.25 103 111 115 Positive

111.8 109 103 115 119 Positive

1058 1019 989 1111 1179 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 PNB APRIL FUTURES at CMP 93.80. Targets at

95.10 and then at 97. Stop: 92. Holding Period: Intraday. Analyst’s

Remark: Momentum Play (PNB April Futures CMP 93.80).

Option Call: SELL NIFTY 28th MARCH PE Strike Price 11350 at

CMP 8.95. Maximum Profit: Rs. 671.25. Loss: Unlimited. Stop: Exit

PUT option if Nifty moves below 11371. (Nifty March Futures CMP

11511).

11483.25 (+1.14%)

29882.15 (+2.05%)

16.4850 (-1.12%)

+98 vs

1.10 crores (+39.72%)

8.67 lakhs (+59.13%)

2788.67 6236.14

32882.29 29885.98

1171155 826876

440676 32497

1874993 117633

14178453 956758

979296 64267

17473418 1171155

Calls in lakhs (% Change)

11700 8.99 (-12%)

11800 9.33 (+10%)

12000 17.08 (+15%)

Puts in lakhs (% Change)

11300 6.96 (+33%)

11400 6.18 (+26%)

11600 3.2 (+17%)

Wednesday27th March, 2019

Market Summary:

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

+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 0.92 for the

Nifty and 0.76 for Bank Nifty.

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

Price, followed by 11600 Strike Price for 25th April Series. Long

Build-Up was seen at strike price 11550-11650.

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

followed by 11200 strike price for 25th April series. Short buildup

was seen at strike prices 11200-11300.

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

bought shares worth Rs. 999.02 crores in the Indian Equity

Market. DIIs on the other hand, sold shares worth Rs. 196.70

crores in the Indian Equity market.

• Long Buildup: ICICI BANK, SBIN, DLF, AXIS BANK, UNION BANK

• Short Buildup: TECHM, BAJAJ AUTO, HEROMOTO, MCX

• Short Covering: YES BANK, DISHTV, RELIANCE, MOTHERSON.

• Long Unwinding: INFY, UPL, MFSL, NIITECH.

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

POWER, IDBI, JETAIRWAYS, RPOWER.

• New In Ban: JETAIRWAYS.

• Out of Ban: PNB.

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 Wednesday27th March, 2019

NIFTY 11493.65 11398.48 11303.32 11542.78 11591.92 11447.62 10913.28 UP

BANKNIFTY 29941.85 29496.85 29051.85 30168.5 30395.15 29723.5 26845.05 UP

NIFTYMID50 4964.25 4916.67 4869.08 4988.17 5012.08 4940.58 4833.48 UP

ACC 1573.5 1555.7 1537.9 1590.65 1607.8 1572.85 1458.63 UP

ADANIENT 138 134.27 130.53 140.87 143.73 137.13 140.78 DOWN

ADANIPORTS 368.85 363.52 358.18 372.02 375.18 366.68 360.33 UP

AJANTPHARM 1011 1000.18 989.37 1020.43 1029.87 1009.62 1078.5 DOWN

ALBK 51 49.87 48.73 52.87 54.73 51.73 43.55 UP

AMARAJABAT 709.5 705 700.5 713 716.5 708.5 764.54 DOWN

ANDHRABANK 25.75 25.5 25.25 25.9 26.05 25.65 29.4 DOWN

APOLLOTYRE 214 211.2 208.4 215.6 217.2 212.8 235.77 DOWN

ARVIND 89.9 86.45 83 91.8 93.7 88.35 114.3 DOWN

ASHOKLEY 86.75 85.37 83.98 88.12 89.48 86.73 110.9 DOWN

ASIANPAINT 1482 1464.25 1446.5 1496 1510 1478.25 1347.45 UP

AUROPHARMA 782 773.75 765.5 787 792 778.75 713.94 UP

AXISBANK 759.6 747.18 734.77 766.48 773.37 754.07 618.64 UP

BAJAJ-AUTO 2956.2 2940.8 2925.4 2969.8 2983.4 2954.4 2764.49 UP

BAJAJFINSV 6974.95 6909.97 6844.98 7049.97 7124.98 6984.98 6239.04 UP

BAJFINANCE 2941 2886 2831 2969 2997 2914 2522.56 UP

BALKRISIND 955.5 930.05 904.6 976.85 998.2 951.4 1028.45 DOWN

BALRAMCHIN 132.5 131.38 130.27 134.43 136.37 133.32 93.97 UP

BANKBARODA 122.1 119.85 117.6 123.25 124.4 121 118.82 UP

BANKINDIA 102.05 99.73 97.42 103.43 104.82 101.12 90.33 UP

BATAINDIA 1355.65 1339.52 1323.38 1364.27 1372.88 1348.13 1034.5 UP

BEL 92.4 91.65 90.9 93.2 94 92.45 94.56 DOWN

BEML 977 968.55 960.1 987.7 998.4 979.25 794.75 UP

BERGEPAINT 321.85 314.6 307.35 326.5 331.15 319.25 307 UP

BHARATFIN 1090.05 1070.53 1051.02 1102.58 1115.12 1083.07 1050.45 UP

BHARATFORG 492.2 485.88 479.57 496.53 500.87 490.22 569.24 DOWN

BHARTIARTL 329 326.37 323.73 331.52 334.03 328.88 335.76 DOWN

BHEL 71.15 69.7 68.25 72.65 74.15 71.2 70.45 UP

BIOCON 611.75 609.47 607.18 614.97 618.18 612.68 624.38 DOWN

BPCL 384.4 377.8 371.2 389.7 395 383.1 353.59 UP

BRITANNIA 3100 3062.67 3025.33 3134.67 3169.33 3097.33 3062.27 UP

BSOFT 97 94.87 92.73 98.52 100.03 96.38 140.4 DOWN

CANBK 283.3 274.63 265.97 287.63 291.97 278.97 254.92 UP

CANFINHOME 336 331.38 326.77 338.78 341.57 334.17 292.54 UP

CASTROLIND 163.55 161.25 158.95 165.1 166.65 162.8 155.85 UP

CEATLTD 1096 1082.72 1069.43 1106.32 1116.63 1093.03 1241.62 DOWN

CENTURYTEX 916.5 897 877.5 928 939.5 908.5 872.06 UP

CESC 708 702.73 697.47 712.13 716.27 706.87 707.07 UP

CGPOWER 43.8 43.33 42.87 44.53 45.27 44.07 46.25 DOWN

CHENNPETRO 264.1 257.33 250.57 268.53 272.97 261.77 274.81 DOWN

CHOLAFIN 1388 1345.15 1302.3 1413.25 1438.5 1370.4 1329.84 UP

CIPLA 529.05 525.67 522.28 532.47 535.88 529.08 579.14 DOWN

COALINDIA 235.8 232.48 229.17 240.93 246.07 237.62 257.15 DOWN

COLPAL 1259.9 1240.68 1221.47 1270.48 1281.07 1251.27 1196.4 UP

CONCOR 503 500.53 498.07 507.73 512.47 505.27 507.66 DOWN

CUMMINSIND 730.5 720.97 711.43 735.27 740.03 725.73 734.69 DOWN

DABUR 424.9 419.57 414.23 430.97 437.03 425.63 418.75 UP

DALMIABHA 2372.9 2253.3 2133.7 2518.25 2663.6 2398.65 2565.05 DOWN

DCBBANK 199 196.07 193.13 201.22 203.43 198.28 169.72 UP

DHFL 136.15 131.6 127.05 138.6 141.05 134.05 359.92 DOWN

DISHTV 35.95 35.03 34.12 36.43 36.92 35.52 50.85 DOWN

DIVISLAB 1705.2 1669.58 1633.97 1757.88 1810.57 1722.27 1371.85 UP

DLF 196.45 188.18 179.92 205.03 213.62 196.77 181.41 UP

DRREDDY 2777 2761.68 2746.37 2793.13 2809.27 2777.82 2484.46 UP

EICHERMOT 21382.05 21109.97 20837.88 21549.17 21716.28 21277.08 24427.65 DOWN

ENGINERSIN 114.05 112.93 111.82 115.13 116.22 114.02 120.38 DOWN

EQUITAS 132.1 130.27 128.43 133.17 134.23 131.33 128.42 UP

ESCORTS 808 789.15 770.3 818.4 828.8 799.55 747.7 UP

EXIDEIND 224.95 218.97 212.98 228.22 231.48 222.23 253.84 DOWN

FEDERALBNK 91.05 89.57 88.08 91.87 92.68 90.38 83.97 UP

FORTIS 136.25 135.7 135.15 137.1 137.95 136.55 139.59 DOWN

GAIL 361.55 354.8 348.05 365.15 368.75 358.4 351.86 UP

GLENMARK 648.8 639.72 630.63 654.47 660.13 645.38 623.42 UP

GMRINFRA 19.75 17.97 16.18 20.67 21.58 18.88 16.71 UP

GODREJCP 693.1 685.82 678.53 697.62 702.13 690.33 782.36 DOWN

GODREJIND 540.25 533.9 527.55 544.8 549.35 538.45 546.58 DOWN

GRANULES 111.85 109.28 106.72 113.78 115.72 111.22 95.9 UP

GRASIM 836 821.8 807.6 844.5 853 830.3 896.48 DOWN

GSFC 100.5 99.7 98.9 101.45 102.4 100.65 105.74 DOWN

HAVELLS 760.5 747.25 734 767.5 774.5 754.25 653.79 UP

HCC 15.5 14.57 13.63 16.17 16.83 15.23 11.95 UP

HCLTECH 1038 1018.4 998.8 1050.7 1063.4 1031.1 999.96 UP

HDFC 1948.2 1934.92 1921.63 1957.42 1966.63 1944.13 1897.36 UP

HDFCBANK 2312.75 2285.23 2257.72 2327.63 2342.52 2300.12 2080.89 UP

HDIL 25.7 25.07 24.43 26.17 26.63 25.53 23.67 UP

HEROMOTOCO 2574.5 2545.97 2517.43 2603.87 2633.23 2575.33 3070.07 DOWN

HEXAWARE 328.7 325.27 321.83 331.87 335.03 328.43 387.85 DOWN

HINDALCO 208.35 205.52 202.68 210.27 212.18 207.43 219.81 DOWN

HINDPETRO 276.8 272.7 268.6 280.45 284.1 276.35 251.32 UP

HINDUNILVR 1682.9 1674.08 1665.27 1691.63 1700.37 1682.82 1702.52 DOWN

HINDZINC 272.5 270.1 267.7 274.45 276.4 272.05 276.03 DOWN

IBREALEST 89.3 87.73 86.17 90.83 92.37 89.27 108.69 DOWN

IBULHSGFIN 731.35 719.97 708.58 738.77 746.18 727.38 937.88 DOWN

ICICIBANK 394.4 386.7 379 398.8 403.2 391.1 333.79 UP

ICICIPRULI 326 316.55 307.1 331.05 336.1 321.6 347.39 DOWN

ICIL 50.5 49.07 47.63 51.92 53.33 50.48 62.68 DOWN

IDBI 42.3 41.8 41.3 42.9 43.5 42.4 56.26 DOWN

IDEA 29.5 29.08 28.67 30.18 30.87 29.77 42.43 DOWN

IDFC 44.9 43.63 42.37 45.53 46.17 44.27 43.02 UP

IDFCFIRSTB 52.75 52.1 51.45 53.15 53.55 52.5 41.93 UP

IFCI 13.35 13.23 13.12 13.43 13.52 13.32 14.51 DOWN

IGL 308 304.22 300.43 312.82 317.63 309.03 271.84 UP

INDIACEM 100 97.37 94.73 101.72 103.43 99.08 99.8 UP

INDIANB 262.5 256.07 249.63 265.87 269.23 259.43 275.16 DOWN

INDIGO 1422.35 1373.07 1323.78 1450.82 1479.28 1401.53 1059.26 UP

INDUSINDBK 1717.3 1683.93 1650.57 1735.33 1753.37 1701.97 1698.34 UP

INFIBEAM 42.1 41.37 40.63 42.67 43.23 41.93 99.75 DOWN

INFRATEL 313.25 307.63 302.02 316.43 319.62 310.82 282.6 UP

INFY 727.75 719.48 711.22 735.63 743.52 727.37 690.54 UP

IOC 161.95 158.38 154.82 167.63 173.32 164.07 147.65 UP

IRB 142.55 140.55 138.55 144 145.45 142 164.08 DOWN

ITC 294 291.25 288.5 296.55 299.1 293.8 284.82 UP

JETAIRWAYS 267.5 260.03 252.57 276.93 286.37 269.47 273.89 DOWN

JINDALSTEL 164 161.43 158.87 165.78 167.57 163.22 181.82 DOWN

JISLJALEQS 58.25 57.42 56.58 59.22 60.18 58.38 72.14 DOWN

JPASSOCIAT 5.6 5.45 5.3 5.75 5.9 5.6 9.36 DOWN

JSWENERGY 65.6 64.48 63.37 66.23 66.87 65.12 67.42 DOWN

JSWSTEEL 282.2 278.33 274.47 284.23 286.27 280.37 323.85 DOWN

JUBLFOOD 1463 1446.67 1430.33 1474.67 1486.33 1458.33 1310.94 UP

JUSTDIAL 605.9 596.9 587.9 618.35 630.8 609.35 521.33 UP

KOTAKBANK 1345 1320.72 1296.43 1358.62 1372.23 1334.33 1250.1 UP

KSCL 449.9 446.63 443.37 454.58 459.27 451.32 544.63 DOWN

KTKBANK 130.5 125.97 121.43 133.17 135.83 128.63 112.52 UP

L&TFH 147.45 144.97 142.48 149.27 151.08 146.78 147.03 UP

LICHSGFIN 530 524.35 518.7 535 540 529.35 476.6 UP

LT 1372.85 1364.13 1355.42 1385.18 1397.52 1376.47 1323.63 UP

LUPIN 734.7 731.02 727.33 738.52 742.33 734.83 851.35 DOWN

M&M 669.5 662.87 656.23 674.27 679.03 667.63 805.27 DOWN

M&MFIN 413.5 407.83 402.17 416.98 420.47 411.32 441.25 DOWN

MANAPPURAM 119.85 118.77 117.68 120.67 121.48 119.58 95.91 UP

MARICO 339 333.43 327.87 341.78 344.57 336.22 349.83 DOWN

MARUTI 6595 6516.67 6438.33 6636.67 6678.33 6558.33 7885.94 DOWN

MCDOWELL-N 548.1 543.28 538.47 555.68 563.27 550.87 594.01 DOWN

MCX 785.65 773.6 761.55 797.6 809.55 785.55 754.11 UP

MGL 999.9 977.07 954.23 1016.37 1032.83 993.53 867.44 UP

MOTHERSUMI 144.9 143 141.1 147.8 150.7 145.9 173.42 DOWN

MRF 56100 55967 55834 56316 56532 56183 67275.72 DOWN

MRPL 74.75 73.82 72.88 75.52 76.28 74.58 76.36 DOWN

MUTHOOTFIN 594.9 590.62 586.33 600.57 606.23 596.28 456.41 UP

NATIONALUM 53.55 53.08 52.62 54.23 54.92 53.77 63.64 DOWN

NBCC 64.5 63.88 63.27 65.28 66.07 64.67 63.21 UP

NCC 111.95 109.9 107.85 113.15 114.35 111.1 88.95 UP

NMDC 104.95 103.4 101.85 106.4 107.85 104.85 103.83 UP

NTPC 140.95 137.3 133.65 143.3 145.65 139.65 130.26 UP

OFSS 3360 3333.37 3306.73 3381.27 3402.53 3354.63 3774.16 DOWN

OIL 177.8 176.23 174.67 179.63 181.47 178.07 194.6 DOWN

ONGC 160.1 158.18 156.27 162.53 164.97 160.62 156.25 UP

ORIENTBANK 108.45 106.33 104.22 109.58 110.72 107.47 82.71 UP

PCJEWELLER 80 78.87 77.73 80.97 81.93 79.83 85.88 DOWN

PEL 2627.05 2575.27 2523.48 2661.92 2696.78 2610.13 2431.52 UP

PETRONET 237.3 235.88 234.47 239.93 242.57 238.52 222.12 UP

PFC 118.25 116.27 114.28 121.42 124.58 119.43 91.9 UP

PIDILITIND 1235 1192.73 1150.47 1258.63 1282.27 1216.37 1097.38 UP

PNB 93.05 91.47 89.88 93.87 94.68 92.28 77.11 UP

POWERGRID 203.4 200.57 197.73 205.07 206.73 202.23 189.25 UP

PTC 74.3 73.73 73.17 75.23 76.17 74.67 80.02 DOWN

PVR 1570 1548.67 1527.33 1593.67 1617.33 1572.33 1413.73 UP

RAMCOCEM 712 704.73 697.47 716.03 720.07 708.77 649.31 UP

RAYMOND 801.85 794.5 787.15 807.6 813.35 800.25 798.24 UP

RBLBANK 655.5 641.75 628 662.5 669.5 648.75 566.45 UP

RCOM 4.75 4.72 4.68 4.82 4.88 4.78 12.84 DOWN

RECLTD 152.6 149.43 146.27 157.83 163.07 154.67 115.34 UP

RELCAPITAL 200.9 189.45 178 209.05 217.2 197.6 288.54 DOWN

RELIANCE 1368.5 1341.8 1315.1 1383.4 1398.3 1356.7 1155.03 UP

RELINFRA 133.5 129.23 124.97 137.23 140.97 132.97 321.71 DOWN

REPCOHOME 461.5 445.43 429.37 470.78 480.07 454.72 456.89 UP

SAIL 50.7 50.25 49.8 51 51.3 50.55 64.51 DOWN

SBIN 304.8 298.03 291.27 308.28 311.77 301.52 281.9 UP

SHREECEM 18420 17984.53 17549.07 18677.23 18934.47 18241.77 16469.31 UP

SIEMENS 1063.55 1049.77 1035.98 1071.17 1078.78 1057.38 985.27 UP

SOUTHBANK 15.8 15.7 15.6 15.9 16 15.8 16.58 DOWN

SREINFRA 28.05 27.57 27.08 28.62 29.18 28.13 41.72 DOWN

SRF 2463 2420 2377 2492 2521 2449 1973.88 UP

SRTRANSFIN 1208 1194.33 1180.67 1217.83 1227.67 1204.17 1209.93 DOWN

STAR 446 439.75 433.5 449.95 453.9 443.7 436.81 UP

SUNPHARMA 470.15 464.33 458.52 473.73 477.32 467.92 522.97 DOWN

SUNTV 585 580.05 575.1 590.95 596.9 586 668.72 DOWN

SYNDIBANK 40.2 39.03 37.87 40.93 41.67 39.77 37.75 UP

TATACHEM 583 575.33 567.67 587.83 592.67 580.17 677.46 DOWN

TATACOMM 602.9 594.4 585.9 607.5 612.1 599 540.67 UP

TATAELXSI 957.5 947 936.5 965 972.5 954.5 1129.2 DOWN

TATAGLOBAL 196.2 194.33 192.47 197.78 199.37 195.92 224.62 DOWN

TATAMOTORS 173.3 172.07 170.83 174.07 174.83 172.83 214.1 DOWN

TATAMTRDVR 86.4 85.48 84.57 86.88 87.37 85.97 116.94 DOWN

TATAPOWER 71.5 70.57 69.63 72.72 73.93 71.78 72.91 DOWN

TATASTEEL 519.25 515.28 511.32 522.08 524.92 518.12 540.5 DOWN

TCS 1980.9 1960.98 1941.07 1997.88 2014.87 1977.97 1960.55 UP

TECHM 769.7 761.27 752.83 785.02 800.33 776.58 718.59 UP

TITAN 1119 1098.23 1077.47 1129.88 1140.77 1109.12 915.16 UP

TV18BRDCST 35 34.6 34.2 35.3 35.6 34.9 40.45 DOWN

UBL 1354.9 1312.97 1271.03 1375.87 1396.83 1333.93 1290.47 UP

UJJIVAN 326.55 321.4 316.25 330.3 334.05 325.15 302.47 UP

ULTRACEMCO 3930 3858.42 3786.83 3973.17 4016.33 3901.58 3887.27 UP

UNIONBANK 91.8 88.83 85.87 93.38 94.97 90.42 80.63 UP

UPL 902.95 890.27 877.58 916.47 929.98 903.78 719.53 UP

VEDL 174.15 170.65 167.15 176 177.85 172.5 206 DOWN

VGUARD 217.05 214.5 211.95 219.2 221.35 216.65 201.93 UP

VOLTAS 614 606.73 599.47 618.03 622.07 610.77 552.94 UP

WIPRO 254.95 252.7 250.45 257.9 260.85 255.65 242.02 UP

WOCKPHARMA 421.65 417.9 414.15 424.95 428.25 421.2 539.44 DOWN

YESBANK 254.75 249.87 244.98 257.22 259.68 252.33 260.38 DOWN

ZEEL 419.95 415.3 410.65 425.9 431.85 421.25 473.82 DOWN


The Compass …Direction at a glance

A true Magic Carpet to sail over Global Trends…

with Quantum Global

Compass & Navigator

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

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

TRADING STRATEGYLTP S1 S2 R1 R2 Bias

MCX GOLD

MCX SILVER

MCX CRUDE OIL

MCX COPPER

MCX NATURAL GAS

USD-INR


The Compass …Direction at a glance

Instrument

Key supports now seen at 31501-31751 zone. Interweek strategy: Buy only on sharp declines between 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 4050-4075 zone, targeting 4311 mark and then aggressive targets at 4411-4445 zone with stop at 3971.

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.

32096 31501 31101 32451 33144 Neutral

38333 37211 36901 38901 40001 Neutral

4161 4000 3811 4311 4445 Neutral

437 425 401 463 471 Neutral

189.00 181.00 175.00 203.00 225.00 Neutral

68.86 68.65 67.50 70.05 70.45 Positive

MCX Crude-Oil on the rise. Establish long positions on any corrective declines.

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 jumps as resumption of U.S.-China trade negotiations keeps hope alive of trade truce.

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 at CMP, targeting 16.09 zone and then at 16.71-16.75 zone with stop below 14.91.

Bias continues to be positive. Key support now at 58.25 zone. Interweek strategy: Establish buy positions between 58.25-58.75 zone, targeting 61 zone and then at 63.50 with strict stop at 57.45.

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.

A uninspiring session was witnessed at Wall Street in Monday's trade as caution prevailed amidst global growth concerns which continued to weigh on Wall Street. All anxious eyes now turn to China-U.S trade issues where meeting is scheduled this Thursday in Bejing.

1321 1299 1281 1325 1368 Neutral

15.47 14.91 14.45 15.65 16.09 Neutral

60.14 58.25 55 60 63 Neutral

1.1294 1.1201 1.1100 1.1545 1.1777 Neutral

96.63 95.00 92.75 97.50 100.00 Positive

25759 25001 24211 26701 27100 Positive

Close S1 S2 R1 R2200 Day

SMA Reversal

Point TrendCommodityExchange


DAILY PIVOT TABLE

MCX ALUMINUM

MCX CARDAMOM

NCDEX CASTOR

NCDEX CHANA

MCX COPPER

MCX COTTON

MCX CRUDE-OIL

MCX GOLD

NCDEX GAUR GUM

NCDEX GAUR SEED

NCDEX JEERA

MCX LEAD

MCX MENTHA OIL

MCX NATURAL GAS

MCX NICKLE

NCDEX RM SEED

MCX SILVER

NCDEX SUGAR

NCDEX SOYA BEAN

MCX ZINC

147.8 145.43 143.07 149.43 151.07 141.5 143.4 DOWN

1597.2 1591.6 1586 1602.4 1607.6 1345.37 1538.85 UP

5258 5237.33 5216.67 5289.33 5320.67 4943.6 5215 UP

4232 4215.33 4198.67 4254.33 4276.67 4113.16 4189 UP

437.15 435 432.85 438.5 439.85 435.93 444.7 UP

21290 21193.33 21096.67 21423.33 21556.67 21938.45 20960 DOWN

4095 4049 4003 4123 4151 4369.38 3980 UP

32224 32115.33 32006.67 32289.33 32354.67 31256.04 32334 UP

8852 8814 8776 8911 8970 8819.88 8735 DOWN

4377 4357.67 4338.33 4405.67 4434.33 4229.7 4304 UP

15505 15456.67 15408.33 15551.67 15598.33 18086.32 15815 UP

137.8 136.98 136.17 139.13 140.47 146.01 143.65 DOWN

1658 1642.3 1626.6 1669.9 1681.8 1590.38 1716.7 DOWN

189.8 187.7 185.6 191.1 192.4 223.75 199.2 DOWN

888.6 883.07 877.53 891.77 894.93 887.38 915.5 DOWN

3730 3720.67 3711.33 3743.67 3757.33 4016.49 3794 DOWN

38592 38421.33 38250.67 38692.33 38792.67 38407.39 38860 DOWN

3050 3050 3050 3050 3050 3614.83 3015 DOWN

3699 3685.67 3672.33 3708.67 3718.33 3455.67 3631 UP

198.6 196.2 193.8 199.9 201.2 186.35 199.45 UP

Wednesday27th March, 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.


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