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Welcome NoteThursday

25th April, 2019

Title Page No.

Morning Quantum Global 04-08

Top Picks 09-10

Equity Derivatives 11

Daily Pivot Table (Equity) 12

Compass & Navigator 13-15

Daily Pivot Table (Commodities) 16

Disclaimer 17

CONTENTS

Morning Quantum Global

TOP PICKS

COMPASS & NAVIGATOR

One Stop Investment Avenue

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

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

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

MORNING Quantum Global

Nifty Outlook

Intraday

Medium Term

Long Term

Key Levels to Watch

Nifty Support

Nifty Resistance

Pivot Level

Nifty

Outlook for the Day

INDICES

Nifty

Bank Nifty

Nifty Auto Index

Nifty FMCG Index

Nifty Infra Index

Nifty IT Index

Nifty Media Index

Nifty Midcap Index

Nifty Metal Index

Nifty Pharma Index

Nifty Reality Index

Nifty Smallcap Index

Sensex

SGX Nifty

One Stop Investment Avenue www.quantumglobal.in


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

Street, dated 25th April 2019.

Early action at SGX Nifty is suggesting that Dalal Street will struggle for

altitude on buy side in today's trade. But our call of the day suggests we are

probably flying above Nifty 12,000 in the next couple of weeks!

Aggressive traders from the bulls camp could take a breather after the

benchmarks Nifty & Sensex notched spectacular rebound in yesterday's

trade, but we suspect any downside likely to be limited as the positive

catalysts working in favor of bulls are:

1.Hopes of normal monsoon: The latest South Asian Climate Outlook

Forum on Tuesday predicted a normal monsoon in most parts of India

barring the west coast peninsular, including parts of the state and

northern parts of central India.

2.Earnings above street's expectations: Most of the Q4

corporate earnings which have trickled in are above street's

expectations. This fuels hopes that the much-awaited earnings

recovery will follow this quarter.

3.FIIs in buying mode: As per Wednesday’s Provisional Data available

on the NSE, FII’s bought shares worth Rs. 975 crores. In this April

month FIIs have bought to the tune of 8920 crores.

4.Wall Street at record highs.

5.WTI Crude oil prices are fractionally lower at $66.26 per barrel.

The slight pullback in WTI prices comes after the American Petroleum

Institute late Tuesday reported a gain of almost 7 million barrels in

inventories last week, more than five times the expected increase.

6.Reports that the U.S. trade representatives will lead a U.S.

delegation to China next week to resume trade negotiations.

The negotiations will begin April 30 in Beijing.

The street is anticipating that the ongoing trade talks are in final stages, and

if the said deal is reached, then a signing ceremony could be held in late May

or early June, ending the yearlong tariff war between the world's two largest

economies.

Long story short: Buying on dips should continue to be the preferred

strategy. Happy Days Are Here Again. Make Hay While The Sun Shines.

Before we end just a note of caution that volatility likely to be the hallmark of

today's trade as April derivative contracts expire.

Outlook for Thursday: Nifty likely to consolidate.

Global cues are subdued this Thursday morning as SGX Nifty seen opening

11726 1.30%

29860 1.29%

8646 -0.42%

30631 0.45%

3170 0.79%

16370 1.26%

2390 1.21%

4942 0.26%

3048 0.19%

9459 0.75%

265 0.65%

6571 0.79%

39055 1.27%

11717 -0.11%

Buy on dips.

Neutral (11519-11667)

Neutral (11301-11951)

Positive (12501)

11671 & 11519

11789 & 11857

11479



Technical Strategybelow the dotted lines. Investors will await signs of progress on trade and

fresh catalysts to extend a global rally.

The good news for bulls’ camp continues to be the renewed optimism on

backdrop of reports that growth is stabilizing in China, amidst another round

of macroeconomic stimulus, easing fears of a hard landing. And then hopes

continue for the United States and China may soon reach a deal to prevent

the ongoing trade war from escalating further.

Now, taking center stage in the next twoee trading sessions will be an

extremely crowded earnings schedule:

• Thursday: BIOCON, MARUTI, MCX, NESTLE INDIA.

• Friday: AXIS BANK, HERO MOTO CORP, YES BANK.

The other key catalysts dominating attention would be:

STOCKS TO WATCH:

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

HAVELLS, UPL and NIFTY Futures on any early weakness with

interweek perspective.

• BULLISH STOCKS: SUZLON, HAVELLS, SRF, KOTAK BANK,

ULTRATECH, BAJAJ FIANNACE, UPL, JINDAL STEEL & POWER, NAUKRI

(INFO EDGE), PFC.

• BEARISH STOCKS: APOLLO TYRES, RAYMONDS, VEDANTA.

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

be a dark horse with inter-month perspective! The technicals &

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

581.

• SHOW ME THE MONEY: Option Trade: SELL BANK NIFTY 2 May PE

Strike Price 29100 at CMP 33.75. Maximum Profit: Rs. 1,350/-. Loss:

Unlimited. Stop: Exit Put option if Bank Nifty spot moves below 29275.

(Bank Nifty CMP 29861).

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

IDBI, IDEA, JET AIRWAYS, RPOWER.

• Cholamandalam Investment to consider stock split on 27th April board

meeting.

• Madras High Court adjourns Vedanta case hearing to June 11.

FII/DII & OPTIONS DATA:

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

shares worth Rs. 974.88 crores in the Indian Equity Market. DIIs on the

In Tuesday’s trade, SUZLON enjoyed a

strong session, up 5.88%. Yesterday, the

stock price was seen consolidation built

up in open interest on the long side.

Technically, SUZLON is attempting a

major breakout on daily charts from an

lower consolidation zone. Extremely

oversold zone prevail.

The stock is in consolidation mode and the

momentum oscillators will shift on buy

mode on any move above 8.50 and such

up move needs to be backed by increases

in volumes.

Key support to watch in near term is at Rs.

6 zone. Medium term supports seen at Rs.

4.75-5 zone.

Establish long positions between 6.5-7

zone, targeting 8.50 zone and then at

12.50. Final aggressive targets located at

15 zone with strict stop at 4.75.

Holding Period 120-180 days.

SUZLON

Action

Target

Support

Resistance

Holding Period

7.25

BUY

12.5

6/4.75

8.50/12.50

60 Days



other hand, sold shares worth Rs. 657.06 crores in the Indian Equity market.

• As per option data, key resistance level for the April series for Nifty are at 11,800 strike price as maximum call open

interest of 27.11 lakh contract were seen at the 11,800 strike price followed 12,000 strikes. Key support level for the

December series is at 11,500 as Maximum Put open interest of 27.40 lakh contracts were seen at the 11,500 strike price.

GLOBAL CUES:

• Wall Street was seen struggling in yesterday's trade as all the three indices posted slight losses. In Tuesday's trade, the

S&P 500 had surpassed its all-time closing level of 2,930.75, set on Sept. 20 of last year, while the Dow and the Nasdaq

remain less than 1% below their best closing levels.

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

Meanwhile, Yields on 10-year bonds have gained considerably since their inversion 25-days back. The yield on the 10-

year Treasury jumped to more than 2.5% in an indication of investor optimism about stocks.

• EU leaders’ move to grant the U.K. a delay to Brexit until Oct 31, 2019.

POLITICAL CUES:

• Sentiments could turn volatile ahead of National elections which has started to take centre stage. The much awaited

event, the general elections began with first phase on April 11. Well, stocks could cool if poll fever heats up. The seven-

phase election is being across the country from 11 April to 19 May and results will be announced on 23 May.

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

2019. Optimists appear to be betting that Modi’s re-election will boost investment activity in sectors such as construction

and infrastructure.

MACRO CUES:

• The Bank of Japan (BoJ) will announce interest rate decision on Thursday. As per Reuters, the BOJ is widely expected to

maintain its pledge to guide short-term rates at minus 0.1 per cent and long-term yields around zero under a policy

dubbed yield curve control. It is also expected to forecast that inflation will remain below its target through the fiscal

year that ends in March 2022.

COMMODITY CUES:

• GOLD ($1278): Support now seen 1271-1275 zone. Major intermonth hurdles now seen at 1368. Interweek Strategy:

Buy above 1293, targeting 1311 and then at 1359-1368 zone with stop below 1271.

• WTI CRUDE-OIL (65.75): Key support now at 62.50 zone. Hurdles at 67.50. Interweek strategy: Establish buy positions

between 62.50-63 zone, targeting 65 zone and then at 67-67.50 zone with strict stop at 62.05.

• MCX COPPER (449): Interweek strategy: Establish long positions at CMP, targeting 459-463 zone and then aggressive

targets at 471-477 zone with stop at 431.

CURRENCIES & BONDS:

• In Wednesday's trade, the Indian Rupee ended a volatile session lower, depreciating by 0.25 paise against the dollar to

close at 69.87.



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

Aggressive traders can look to buy between 69.15-69.35 zone, targeting 70.05 and then 70.45. Stop 68.75.

WHAT TECHNICALS TELLS US ON NIFTY:

• In yesterday's trade, the benchmarks witnessed spectacular rebound as the benchmark indices snapped its 3-day losing

streak. The Sensex settled above the psychological 39,000 level. The Nifty settled above the 11,700 mark.

• Nifty continues to trade way above its 21 DMA & 200 DMA placed at 11603 & 10989 mark respectively.

• The market breadth, indicating the overall health of the market was seen recovering. The BSE Mid-Cap index inched up

0.43%. The BSE Small-Cap index rose 0.42%.

• Technically speaking, medium term supports on Nifty are placed at 11311 zone. Only on any move below 11,311 will the

technical conditions deteriorate with aggressive targets at 10,901 mark.

• Intraday support seen at 11601 and then at 11519 mark.

• Intraday hurdles are at 11789 and then major hurdles seen at 11857 zone.

• The medium term price action for Nifty is suggesting that we are likely to see a 11451-11,901 range in

near term with neutral bias.

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

Nifty likely to consolidate:

Preferred trade on Nifty (11726): Buy between 11689-11701 zone. Targets 11789/11857. Stop 11601.

Preferred trade on Bank Nifty (29861): Buy between 29701-29751 zone. Targets 30251/30651. Stop 29157.

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 !


HAVELLS is witnessing a major breakout on monthly charts. Confirmation of strength above 783. Interweek Strategy: Buy between 761-765 zone, targeting 783/821. Stop 737.

The sequence of higher high/low is intact on daily/weekly and on monthly charts. Interweek Strategy: Buy between 396-399 zone, targeting 411/425. Stop 391.

PFC rebounding from its key support at 115 levels (38.2% Fib level Feb 2019 low to March 2019 highs). Bullish reverse divergences likely to act as positive trigger. Interweek Strategy: Buy between 116-118 zone. Targets 124/131. Stop 113.

Momentum oscillators signaling strength. Key support seen at 921. Interweek Strategy: Buy between 939-945 zone, targeting 962/1005. Stop 921.

YES BANK is aiming to rebound from an oversold zone on daily charts. Key support seen at 231. Interweek Strategy: Buy between 233-237 zone, targeting 251/265. Stop 225.

Stocks likely to stay in bullish mood. UPL & HAVELLS are our preferred bets.

HAVELLS

ICICI BANK

PFC

UPL

YES BANK

774 761 737 783 721 Positive

401 393 280 411 425 Positive

119 115 113 124 131 Positive

948 936 921 962 1005 Positive

239 231 225 251 265 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 JSW STEEL MAY FUTURES at CMP 295.20.

Targets at 301 and then at 308. Stop: 287.30. Holding Period:

Intraday. Analyst’s Remark: Momentum Play (JSW Steel May

Futures CMP 295.20).

Option Call: SELL BANK NIFTY 25th APRIL PE Strike Price 29800

at CMP 65.80. Maximum Profit: Rs. 1,316/-. Loss: Unlimited. Stop:

Exit Put option if Bank Nifty moves below 29601. (Bank Nifty April

Futures CMP 29890.35).

11726.15 (+1.30%)

29860.80 (+1.29%)

23.7125 (-3.78%)

+93 vs

1.2 crores (+55.45%)

13.22 lakhs (+51.84%)

2102.06 2273.05

31883.6 29531.12

1423405 1189019

457305 34089

2013846 124610

17566405 1192768

1120903 71938

21158459 1423405

Calls in lakhs (% Change)

11600 2.05 (+59%)

11700 3.39 (+26%)

11800 3.98 (+23%)

Puts in lakhs (% Change)

11300 2.55 (+18%)

11400 2.53 (+11%)

11500 14.34 (+11%)

Thursday25th April, 2019

Market Summary:

• Nifty May Futures ended Wednesday's session at a premium of

+93.

• The 02nd May expiry Put- Call Open Interest Ratio was at 1.29 for

Nifty whereas it was 1.01 for Bank Nifty.

• The 02nd May expiry Put-Call Volume Ratio was at 0.98 for the

Nifty and 0.92 for Bank Nifty.

• For Nifty, Maximum Call Open Interest (OI) stands at 11700 Strike

Price, followed by 11800 Strike Price for 02nd May Series. Long

Buildup was seen at strikes price 11600-11900.

• Maximum Put Open Interest (OI) was seen at strike price 11600

followed by 11700 strike price for 02nd May series. Short buildup

was seen at strike prices 11200-11900.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 30000

Strike Price and Maximum Put Open Interest stands at 29500

Strike Price.

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

bought shares worth Rs. 974.88 crores in the Indian Equity

Market. DIIs on the other hand, sold shares worth Rs. 657.06

crores in the Indian Equity market.

• Long Buildup: SUZLON, ICICI BANK, SBIN, BHARTI AIRTEL, JSW

STEEL.

• Short Buildup: TATA MOTORS, DABUR, ACC.

• Short Covering: YES BANK, PNB, BANK OF BARODA, PFC, REC.

• Long Unwinding: LUPIN, MARICO, BSOFT, ICICIPRU.

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

IDBI, IDEA, JET AIRWAYS, RPOWER.

• New In Ban: NIL.

• Out of Ban: PC JEWELLER.

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 Thursday25th April, 2019

NIFTY 11724.75 11622.12 11519.48 11784.12 11843.48 11681.48 10997.62 UP

BANKNIFTY 29857 29556.42 29255.83 30036.22 30215.43 29735.63 27184.31 UP

NIFTYMID50 4944.4 4915.88 4887.37 4962.08 4979.77 4933.57 4840.98 UP

ACC 1603 1573.67 1544.33 1628.67 1654.33 1599.33 1491.06 UP

ADANIENT 135.75 132.87 129.98 137.87 139.98 134.98 145.06 DOWN

ADANIPORTS 392.5 387.73 382.97 395.63 398.77 390.87 361.49 UP

AJANTPHARM 1021.8 1012.03 1002.27 1035.53 1049.27 1025.77 1079.53 DOWN

ALBK 50 49.3 48.6 50.4 50.8 49.7 44.41 UP

AMARAJABAT 675.05 670.7 666.35 679.7 684.35 675.35 758 DOWN

ANDHRABANK 27.7 27.38 27.07 27.93 28.17 27.62 28.88 DOWN

APOLLOTYRE 209.2 207.33 205.47 211.48 213.77 209.62 230.82 DOWN

ARVIND 88.4 86.28 84.17 89.53 90.67 87.42 227.76 DOWN

ASHOKLEY 91.45 90.5 89.55 92.45 93.45 91.5 106.39 DOWN

ASIANPAINT 1449 1433.53 1418.07 1461.93 1474.87 1446.47 1365.96 UP

AUROPHARMA 784.85 779.03 773.22 788.83 792.82 783.02 731.85 UP

AXISBANK 750.95 740.97 730.98 758.32 765.68 748.33 641.26 UP

BAJAJ-AUTO 3073.95 3038.48 3003.02 3096.13 3118.32 3060.67 2775.05 UP

BAJAJFINSV 7667.45 7537.83 7408.22 7734.78 7802.12 7605.17 6370.09 UP

BAJFINANCE 3090 3048.33 3006.67 3115.33 3140.67 3073.67 2595.38 UP

BALKRISIND 955 945.22 935.43 967.07 979.13 957.28 1016.85 DOWN

BALRAMCHIN 141.25 139.98 138.72 142.73 144.22 141.47 100.58 UP

BANKBARODA 124.95 123.28 121.62 126.03 127.12 124.37 119.1 UP

BANKINDIA 93 91.48 89.97 94.03 95.07 92.52 90.74 UP

BATAINDIA 1460.1 1443.27 1426.43 1473.07 1486.03 1456.23 1091.93 UP

BEL 88.55 87.63 86.72 89.33 90.12 88.42 92.73 DOWN

BEML 905 898.93 892.87 916.43 927.87 910.37 804.95 UP

BERGEPAINT 322.9 319.23 315.57 325.53 328.17 321.87 311.09 UP

BHARATFIN 1069.4 1050.57 1031.73 1080.67 1091.93 1061.83 1043.62 UP

BHARATFORG 480 474.98 469.97 487.58 495.17 482.57 556.81 DOWN

BHARTIARTL 324 317.63 311.27 328.33 332.67 321.97 301.57 UP

BHEL 73.45 72.78 72.12 74.23 75.02 73.57 70.38 UP

BIOCON 616 611.3 606.6 618.9 621.8 614.2 624.11 DOWN

BPCL 348.3 342.3 336.3 352.1 355.9 346.1 349.27 DOWN

BRITANNIA 2976 2952.85 2929.7 2998.35 3020.7 2975.2 4584.23 DOWN

BSOFT 97.4 95.93 94.47 99.93 102.47 98.47 203.9 DOWN

CANBK 273.1 269.1 265.1 275.75 278.4 271.75 256.74 UP

CANFINHOME 318 313.1 308.2 322.3 326.6 317.4 291.5 UP

CASTROLIND 157 154.77 152.53 159.82 162.63 157.58 155.34 UP

CEATLTD 1091 1081.67 1072.33 1099.67 1108.33 1090.33 1220.49 DOWN

CENTURYTEX 921.05 893.57 866.08 940.77 960.48 913.28 872.49 UP

CESC 693 673.57 654.13 707.22 721.43 687.78 785.37 DOWN

CGPOWER 37.75 35.68 33.62 38.98 40.22 36.92 44.68 DOWN

CHENNPETRO 261 254.2 247.4 264.4 267.8 257.6 270.98 DOWN

CHOLAFIN 1419.8 1384.1 1348.4 1446.4 1473 1410.7 1318.54 UP

CIPLA 558.65 553.07 547.48 564.37 570.08 558.78 574.75 DOWN

COALINDIA 254 252.17 250.33 257.07 260.13 255.23 253.92 UP

COLPAL 1213.7 1205.3 1196.9 1219.6 1225.5 1211.2 1198.8 UP

CONCOR 503.8 497.47 491.13 510.07 516.33 503.73 609.39 DOWN

CUMMINSIND 738.5 721.57 704.63 752.62 766.73 735.68 740.63 DOWN

DABUR 398.55 395.6 392.65 402.9 407.25 399.95 420.59 DOWN

DALMIABHA 2372.9 2253.3 2133.7 2518.25 2663.6 2398.65 2565.05 DOWN

DCBBANK 213.4 208.2 203 217 220.6 211.8 172.22 UP

DHFL 144.8 141.77 138.73 147.07 149.33 144.03 315.15 DOWN

DISHTV 37 36.08 35.17 37.58 38.17 36.67 47.6 DOWN

DIVISLAB 1737 1699.33 1661.67 1762.33 1787.67 1724.67 1433.86 UP

DLF 176.5 172.77 169.03 178.62 180.73 174.88 180.36 DOWN

DRREDDY 2853.7 2819.53 2785.37 2881.43 2909.17 2847.27 2537.75 UP

EICHERMOT 20550 20266.67 19983.33 20706.67 20863.33 20423.33 23609.33 DOWN

ENGINERSIN 114.55 113.73 112.92 115.78 117.02 114.97 119.27 DOWN

EQUITAS 132.2 129.45 126.7 133.65 135.1 130.9 127.1 UP

ESCORTS 752.95 741.62 730.28 760.52 768.08 749.18 736.16 UP

EXIDEIND 218 216.28 214.57 219.48 220.97 217.77 250.66 DOWN

FEDERALBNK 95.1 94.6 94.1 95.8 96.5 95.3 85.15 UP

GAIL 346.7 341.6 336.5 349.9 353.1 344.8 352.91 DOWN

GLENMARK 636.9 630.37 623.83 641.02 645.13 634.48 629.79 UP

GMRINFRA 17.4 17.27 17.13 17.62 17.83 17.48 16.96 UP

GODREJCP 674.05 667.98 661.92 680.18 686.32 674.12 780.68 DOWN

GODREJIND 509.8 505.8 501.8 512.15 514.5 508.15 539.16 DOWN

GRANULES 115.5 114 112.5 117.5 119.5 116 98.83 UP

GRASIM 884.45 860.37 836.28 897.77 911.08 873.68 880.14 UP

GSFC 101.1 100.1 99.1 101.8 102.5 100.8 104.96 DOWN

HAVELLS 775 764 753 781 787 770 674.54 UP

HCC 13.95 13.85 13.75 14.1 14.25 14 12.79 UP

HCLTECH 1141 1111.2 1081.4 1156.45 1171.9 1126.65 1017.21 UP

HDFC 1984.5 1950.17 1915.83 2001.92 2019.33 1967.58 1910.62 UP

HDFCBANK 2280 2256.73 2233.47 2293.58 2307.17 2270.32 2102.04 UP

HDIL 24.2 23.65 23.1 24.6 25 24.05 24.05 UP

HEROMOTOCO 2617 2578.9 2540.8 2658.35 2699.7 2620.25 2974.63 DOWN

HEXAWARE 332.5 322.95 313.4 345.95 359.4 336.4 378.99 DOWN

HINDALCO 200.5 198 195.5 202.2 203.9 199.7 217.6 DOWN

HINDPETRO 270.25 260.55 250.85 275.45 280.65 265.75 247.51 UP

HINDUNILVR 1754.9 1741.6 1728.3 1761.6 1768.3 1748.3 1711.67 UP

HINDZINC 275.5 273.38 271.27 277.13 278.77 275.02 275.02 UP

IBREALEST 115.7 108.57 101.43 121.27 126.83 114.13 102.49 UP

IBULHSGFIN 750 737.05 724.1 762.45 774.9 749.5 903.5 DOWN

ICICIBANK 401.4 395.68 389.97 404.88 408.37 399.17 344.09 UP

ICICIPRULI 363.1 358.85 354.6 369.05 375 364.8 344.19 UP

ICIL 41.6 40.23 38.87 43.73 45.87 42.37 60.78 DOWN

IDBI 43.3 42.47 41.63 43.82 44.33 42.98 54.92 DOWN

IDEA 17.2 16.88 16.57 17.63 18.07 17.32 38.41 DOWN

IDFC 42.6 41.93 41.27 42.98 43.37 42.32 42.73 DOWN

IDFCFIRSTB 52.45 51.67 50.88 52.92 53.38 52.13 43.09 UP

IFCI 12.15 11.98 11.82 12.28 12.42 12.12 14.2 DOWN

IGL 309 303.57 298.13 315.17 321.33 309.73 276.58 UP

INDIACEM 106.5 101.63 96.77 108.98 111.47 104.12 99.3 UP

INDIANB 257.4 252.13 246.87 260.53 263.67 255.27 267.41 DOWN

INDIGO 1476 1446.8 1417.6 1497.5 1519 1468.3 1084.07 UP

INDUSINDBK 1704 1675.07 1646.13 1718.97 1733.93 1690.03 1680.19 UP

INFIBEAM 47.1 44.73 42.37 48.38 49.67 46.02 89.36 DOWN

INFRATEL 301 293.5 286 306 311 298.5 284.3 UP

INFY 734.75 726.53 718.32 740.43 746.12 732.22 705.41 UP

IOC 153.55 151.28 149.02 154.98 156.42 152.72 146.44 UP

IRB 133.5 130.75 128 135.6 137.7 132.85 156.03 DOWN

ITC 306.9 301.2 295.5 309.9 312.9 304.2 287.98 UP

JETAIRWAYS 170 164.87 159.73 177.57 185.13 172.43 260.47 DOWN

JINDALSTEL 171.8 168.45 165.1 175.8 179.8 172.45 176.95 DOWN

JISLJALEQS 59.5 57.95 56.4 60.35 61.2 58.8 68.59 DOWN

JPASSOCIAT 5.75 5.6 5.45 5.85 5.95 5.7 8.42 DOWN

JSWENERGY 72.1 71.55 71 72.65 73.2 72.1 67.55 UP

JSWSTEEL 292.4 288.2 284 294.8 297.2 290.6 319.78 DOWN

JUBLFOOD 1320 1306.8 1293.6 1333.6 1347.2 1320.4 1314.53 UP

JUSTDIAL 574.2 562.77 551.33 583.32 592.43 571.88 524.26 UP

KOTAKBANK 1363.75 1345.6 1327.45 1375.95 1388.15 1357.8 1252.41 UP

KSCL 469 455.93 442.87 477.53 486.07 464.47 536.96 DOWN

KTKBANK 128.9 126.95 125 130 131.1 128.05 114.16 UP

L&TFH 139.9 138.47 137.03 141.07 142.23 139.63 145.72 DOWN

LICHSGFIN 501.7 495.42 489.13 505.92 510.13 499.63 480.49 UP

LT 1359 1351.52 1344.03 1364.97 1370.93 1357.48 1329.48 UP

LUPIN 863.5 843.13 822.77 875.73 887.97 855.37 844.98 UP

M&M 668.6 664.17 659.73 671.12 673.63 666.68 782.64 DOWN

M&MFIN 435 428.4 421.8 438.8 442.6 432.2 435.46 DOWN

MANAPPURAM 119.1 118.03 116.97 120.53 121.97 119.47 97.73 UP

MARICO 364.45 359.13 353.82 367.48 370.52 362.17 351.62 UP

MARUTI 6994.35 6902.25 6810.15 7094.2 7194.05 7002.1 7712.6 DOWN

MCDOWELL-N 555.2 549.67 544.13 560.12 565.03 554.58 581.95 DOWN

MCX 786.4 775.55 764.7 791.85 797.3 781 753.87 UP

MGL 969.35 955.32 941.28 988.07 1006.78 974.03 884.86 UP

MOTHERSUMI 149.1 146.43 143.77 151.73 154.37 149.07 173.23 DOWN

MRF 55725 55253.33 54781.67 56498.33 57271.67 56026.67 65680.16 DOWN

MRPL 70.7 69.75 68.8 71.65 72.6 70.7 74.63 DOWN

MUTHOOTFIN 587 580.7 574.4 594.95 602.9 588.65 477.52 UP

NATIONALUM 52.8 52.43 52.07 53.28 53.77 52.92 62.42 DOWN

NBCC 59.55 59.02 58.48 60.02 60.48 59.48 61.21 DOWN

NCC 102 100.27 98.53 103.07 104.13 101.33 89.21 UP

NMDC 102.25 101.78 101.32 103.03 103.82 102.57 103.11 DOWN

NTPC 133.7 132.52 131.33 134.67 135.63 133.48 150.52 DOWN

OFSS 3547.8 3504.87 3461.93 3587.87 3627.93 3544.93 3726.99 DOWN

OIL 179.4 178.18 176.97 180.38 181.37 179.17 191.24 DOWN

ONGC 168.45 165.95 163.45 170.7 172.95 168.2 155.67 UP

ORIENTBANK 101.75 99.58 97.42 102.93 104.12 100.77 85.62 UP

PCJEWELLER 133.2 127.48 121.77 138.43 143.67 132.72 82.06 UP

PEL 2565 2530.07 2495.13 2595.97 2626.93 2561.03 2446.32 UP

PETRONET 235.9 232.23 228.57 239.53 243.17 235.87 224.56 UP

PFC 118.7 116.27 113.83 120.27 121.83 117.83 95.56 UP

PIDILITIND 1221.95 1212.13 1202.32 1229.63 1237.32 1219.82 1116.03 UP

PNB 88.65 87.33 86.02 89.38 90.12 88.07 77.88 UP

POWERGRID 192 189.82 187.63 194.42 196.83 192.23 189.38 UP

PTC 69.5 68.95 68.4 70.2 70.9 69.65 79.26 DOWN

PVR 1709.8 1683.77 1657.73 1727.02 1744.23 1700.98 1442.55 UP

RAMCOCEM 772 751.47 730.93 785.67 799.33 765.13 652.35 UP

RAYMOND 761.55 749.3 737.05 768.8 776.05 756.55 781.88 DOWN

RBLBANK 671 666.02 661.03 677.67 684.33 672.68 578.49 UP

RCOM 2.1 2.1 2.1 2.1 2.1 2.1 11.72 DOWN

RECLTD 151.7 148.53 145.37 153.28 154.87 150.12 119.11 UP

RELCAPITAL 156.95 145.12 133.28 163.17 169.38 151.33 266.62 DOWN

RELIANCE 1389.5 1372.23 1354.97 1400.78 1412.07 1383.52 1189.95 UP

RELINFRA 121.15 117.03 112.92 123.88 126.62 119.77 293.72 DOWN

REPCOHOME 435.8 427.47 419.13 440.82 445.83 432.48 446.5 DOWN

SAIL 56.45 54.65 52.85 57.65 58.85 55.85 61.95 DOWN

SBIN 310.7 305.55 300.4 313.9 317.1 308.75 286.08 UP

SHREECEM 19400 19069.67 18739.33 19577.67 19755.33 19247.33 16752.74 UP

SIEMENS 1174 1161 1148 1183.5 1193 1170.5 999.92 UP

SOUTHBANK 16.45 16.27 16.08 16.57 16.68 16.38 15.94 UP

SREINFRA 27.1 26.8 26.5 27.4 27.7 27.1 37.58 DOWN

SRF 2512.1 2470.5 2428.9 2537.35 2562.6 2495.75 2035.15 UP

SRTRANSFIN 1184 1160.73 1137.47 1196.13 1208.27 1172.87 1188.5 DOWN

STAR 474.1 466.55 459 480.35 486.6 472.8 446.72 UP

SUNPHARMA 469.85 464.9 459.95 472.4 474.95 467.45 515.27 DOWN

SUNTV 587.9 583.65 579.4 590.95 594 586.7 644.08 DOWN

SUZLON 7.25 7 6.75 7.5 7.75 7.25 6.17 UP

SYNDIBANK 39.8 38.8 37.8 40.35 40.9 39.35 37.24 UP

TATACHEM 582 576.23 570.47 587.33 592.67 581.57 665.34 DOWN

TATACOMM 577.1 570.5 563.9 582.8 588.5 576.2 539.58 UP

TATAELXSI 929.9 918.15 906.4 949.75 969.6 938 1098.75 DOWN

TATAGLOBAL 209.7 202.92 196.13 214.22 218.73 207.43 219.18 DOWN

TATAMOTORS 224.2 216.88 209.57 232.23 240.27 224.92 205.74 UP

TATAMTRDVR 108.6 104.52 100.43 112.72 116.83 108.63 109.76 DOWN

TATAPOWER 67.65 67.27 66.88 68.27 68.88 67.88 72.5 DOWN

TATASTEEL 524.2 515.32 506.43 530.47 536.73 521.58 537.41 DOWN

TCS 2167 2150.4 2133.8 2189.3 2211.6 2172.7 1986.07 UP

TECHM 818 809.33 800.67 823.33 828.67 814.67 727.3 UP

TITAN 1148.45 1132 1115.55 1158.45 1168.45 1142 936.93 UP

TVSMOTOR 518 511.33 504.67 522.58 527.17 515.92 531.03 DOWN

UBL 1430 1409 1388 1442 1454 1421 1307.34 UP

UJJIVAN 323.4 317.23 311.07 326.78 330.17 320.62 297.38 UP

ULTRACEMCO 4432 4217.67 4003.33 4539.17 4646.33 4324.83 3925.97 UP

UNIONBANK 89.7 87.8 85.9 90.8 91.9 88.9 81.06 UP

UPL 950 943.73 937.47 953.63 957.27 947.37 744.82 UP

VEDL 175 172.03 169.07 176.98 178.97 174.02 200.9 DOWN

VGUARD 220.5 217.37 214.23 224.82 229.13 221.68 203.47 UP

VOLTAS 616 611.27 606.53 622.32 628.63 617.58 561.92 UP

WIPRO 293.15 290.8 288.45 294.9 296.65 292.55 312.55 DOWN

WOCKPHARMA 427.7 423.7 419.7 430.6 433.5 426.6 516.78 DOWN

YESBANK 238.5 233 227.5 242.2 245.9 236.7 253.65 DOWN

ZEEL 417.65 408.87 400.08 422.72 427.78 413.93 460.59 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 31101-31301 zone. Interweek strategy: Buy only above 32301 zone, targeting 32451 and then at 32951-33144 zone with stop at 31351.

Hurdles now at 38251 mark. Interweek strategy: Buy only above 38251 mark, targeting 39201 and then at 40001 mark with stop at 36701.

Interweek strategy: Buy on corrective declines between 4445-4501 zone, targeting 4777 mark and then aggressive targets at 4901-4905 zone with stop at 4371.

Interweek strategy: Establish long positions at CMP, targeting 459-463 zone and then aggressive targets at 471-477 zone with stop at 431.

Natural Gas prices seen at oversold conditions. Support now seen at 171-175 zone. Interweek strategy: Establish long positions above 187, targeting 205 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 between 69.15-69.35 zone, targeting 70.05 and then 70.45. Stop 68.75.

31751 31351 31101 32301 33144 Neutral

37410 36901 36001 38251 40001 Neutral

4621 4445 4305 4777 4905 Positive

449 431 420 457 477 Positive

173.00 171.00 163.00 187.00 225.00 Neutral

69.87 69.15 68.45 70.05 70.45 Positive

MCX COPPER: Buy at CMP, targeting 459-463 zone and then aggressive targets at 471-477 zone.

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 takes a breather. Hurdles for Dow Jones Index at 27100. Positive bias.

1279 1271 1251 1293 1368 Neutral

14.96 14.45 13.05 15.65 16.09 Neutral

65.79 63 61.05 67.5 69 Positive

1.1163 1.1201 1.1100 1.1545 1.1777 Neutral

97.97 95.00 92.75 97.50 100.00 Positive

26613 25991 24211 26701 27100 Positive

Support now seen 1271-1273 zone. Major intermonth hurdles now seen at 1368. Interweek Strategy: Buy only above 1293, targeting 1311 and then at 1359-1368 zone with stop below 1271.

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

Key support now at 62.50 zone. Hurdles at 67.50. Interweek strategy: Establish buy positions between 62.50-63 zone, targeting 65 zone and then at 67-67.50 zone with strict stop at 62.05.

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. Positive bias.

Wall Street was seen struggling in yesterday's trade as benchmarks took a breather after Tuesday's spectacular run-up. We maintain positive bias and expect Dow Jones to reclaim 27100 mark. Positive bias to continue.

Close S1 S2 R1 R2200 Day

SMA Reversal

Point TrendCommodityExchange


DAILY PIVOT TABLE

MCX ALUMINUM

MCX CARDAMOM

NCDEX CASTOR

NCDEX CHANA

MCX COPPER

MCX COTTON

MCX CRUDE-OIL

MCX GOLD

NCDEX GAUR GUM

NCDEX GAUR SEED

NCDEX JEERA

MCX LEAD

MCX MENTHA OIL

MCX NATURAL GAS

MCX NICKLE

NCDEX RM SEED

MCX SILVER

NCDEX SUGAR

NCDEX SOYA BEAN

MCX ZINC

149.55 148.53 147.52 150.68 151.82 141.49 146 DOWN

1747 1656.27 1640.23 1801 1899 1417.46 1794.55 UP

5646 5577.33 5508.67 5725.33 5804.67 5082.02 6082 DOWN

4398 4366.67 4335.33 4452.67 4507.33 4201.62 4650.5 DOWN

449 444.25 441.9 456 471 435.45 441.05 UP

22150 22086.67 22023.33 22236.67 22323.33 21902.05 21810 UP

4593 4507.67 4422.33 4645.67 4698.33 4327.37 4341 UP

31756 31504 31412 31822 31957 31353.12 32042 UP

8736 8697.67 8659.33 8778.67 8821.33 8942.4 8950 DOWN

4340 4319 4298 4360 4380 4295.83 4441 DOWN

16905 16726.67 16548.33 17026.67 17148.33 18058.3 16112.5 DOWN

134 133.43 132.87 134.83 135.67 143.54 137 UP

1383 1321 1287 1512.4 1522.6 1624.69 1537.7 DOWN

175.8 174.43 173.07 177.03 178.27 222.38 183.85 DOWN

875.5 868.23 860.97 883.63 891.77 878.1 915.3 DOWN

3771 3748 3725 3786 3801 3999.56 3733 DOWN

37410 37268 37155 37551 37901 38218.66 37894 UP

3050 3050 3050 3050 3050 3614.83 3015 DOWN

3713 3670.67 3628.33 3739.67 3766.33 3480.27 3752.5 UP

226.75 225.53 224.32 227.83 228.92 188.25 222.7 DOWN

Thursday25th April, 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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