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Welcome NoteTuesday

06th August, 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 6th August 2019.

1.Overnight, Wall Street slumps. Blame it to the Chinese yuan which

breached the key 7-per-dollar level for the first time in more than a

decade. The escalation of the U.S.-China trade war puts Dalal Street in a

place where it's almost impossible to ascertain the downside risk.

That brings us to our call of the day which suggests that caution

should be the buzzword until there are signs of a de-escalation.

2.The Indian Rupee too dropped the most in six years as Kashmir adds to

yuan woes. The Indian Rupee crashed to ₹1.13 to 70.73 versus US

dollar.

3.Sentiments were also down after investors expressed disappointment

over Federal Reserve Chairman Jerome Powell’s description of the latest

rate cut as a “mid-cycle adjustment,”. Well, this indicates that the U.S

central bank might not be as aggressive as expected when it comes to

future rate cuts.

4.The Centre on Monday scrapped Article 370 of the Constitution

that grants special status to Jammu and Kashmir, with an order saying

“it shall come into force at once". The abrogation follows the Centre

introducing the Jammu and Kashmir Reorganization Bill in Parliament.

5.The government on Monday said it will soon hold discussions with

representatives of foreign portfolio investors, amid continuing overseas

fund outflow from the markets following the decision to impose

surcharge on certain class of such investors. (Well, this is a positive

news for our stock markets).

Please note, the street is facing severe negativity and blame the same to FIIs

camp who have been in exiting mode in Indian stock markets, selling close to

Rs 16,870 crore worth of equities in July alone. That was the largest monthly

outflow since October 2018. In the first three trading days of August,

FIIs have sold shares worth Rs. 5961.34 cr.

Well, things could improve only if there are bigger rate cuts by RBI. The street

expects a 25 basis points rate cut. But we suspect, the trigger on the buy side

only if the RBI cuts interest rates by at least 50 bps to boost consumption

demand in the decelerating economy.

Low inflation and subdued consumption demand are key positive catalysts in

favors of rate cuts. India's inflation has remained below the central bank's

medium-term target of 4% for almost a year.

Amidst these catalysts, the Reserve Bank of India (RBI) is expected to cut

10863 -1.23%

27648 -1.23%

6845 -1.23%

28778 -0.53%

3020 -1.32%

15518 0.63%

1808 -3.38%

4227 -1.57%

2415 -1.78%

7808 -0.77%

258 -1.79%

5328 -2.02%

36700 -1.13%

10784 -0.79%

Sell on strength.

Neutral (10691-11001)

Neutral (10501-11501)

Positive (11901)

10751 & 10671

11967 & 11187

11707



Technical Strategyinterest rates for the fourth time in a row at its meeting on 7 August. The RBI

did cut policy rates for the 3rd consecutive time in June by a cumulative 75

basis points.

In early action, SGX Nifty is seen tumbling as the market wrestles with the

impact of new tariffs on China. The 10% levies will apply to $300 billion of

U.S. imports from China. The next round of trade talks between the two

countries will resume only in September.

Donald Trump is the center of attraction as China is in the cross-hairs again —

putting investors in a panic mode.

Negativity will continue to be the hallmark of today's trade amidst weak

technical landscape. Nifty is trading well below its 200DMA at 11139 mark.

The next key support is at 10751 zone.

It going from bad to worse for the beleaguered Dalal Street.

Investors face a fresh batch of quarterly results this week, prominent

amongst them are:

• Tuesday: CENTRAL BANK, GSFC, BHARAT GEARS, INDIABULLS

HOUSING, PIDILITE, SUNDARAM FINANCE, BASF, LAKSHMI VILAS

BANK, JK LAKSHMI CEMENTS, ARVIND, MFSL, TITAN, NLC INDIA,

NEELKAMAL, ZENSARTECH, JSW ENERGY, REC.

• Wednesday: M&M, CIPLA, ADANI GAS, OFSS, BAJAJ ELECTRICALS,

BALRAMCHIN, RAMCOCEM, ADANI POWER, KSL, RAJESH EXPORTS, J

KUMAR INFRA, HCLTECH, INDIACEM, VOLTAS, HINDPETRO, LUPIN,

CUMMINS, TATASTEEL, SIEMENS.

• Thursday: ULTRATECH, PAGEIND, MGL, COFFE DAY ENTERPRISES,

ENGINEERSIND, ADANI ENT, NBVENTURES, UCO BANK, RCF,

TATAINVEST, NBCC, GNFC, TATACHEM, HEXAWARE, CITY UNION

BANK.

• Friday: HINDALCO, CADILA, SHREECEM, MRF, FUTURE CONSUMER,

GAIL, NCC, BRITANNIA, CENTURYPLY, BHEL, BPCL, PFIZER, NHPC,

SAIL

• Saturday: DIVISLABS, NTPC, BALKRISHNA, HINDCOPPER.

STOCKS TO WATCH:

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

like BALKRISHNA INDUSTRIES, SUN TV and YES BANK with interweek

perspective.

Outlook for Tuesday: Dalal Street is again

swooned in Tuesday’ trade.

Technically, CIPLA's stock price pattern appears

ugly at current levels.

Overbought conditions prevail on weekly &

monthly charts. The near term momentum

oscillators are in sell mode signaling further sharp

down move.

The stock price is signaling a break down from a

probable higher consolidation zone on daily

charts with a probable resistance at psychological

550 mark. The stock is witnessing selling

pressure after consolidating between 505-560

zone for past 7-months. Major weakness on cards

below intermediate 483.75 levels.

Also the recent sequence of lower highs / lows is

intact in the daily and intraday charts with a

probable Double Top pattern on the monthly

charts, indicating further weakness.

Reverse divergences on weekly and monthly

charts along with weakening momentum likely to

work as negative catalyst for the stock. The stock

is likely to be a underperformer going forward.

The 200-DMA of the stock is placed at 543 zone

and this level shall act as strong resistance.

Establishing short positions at CMP, targeting

483 and then at 451. Stop above 571.

Holding Period: 9-21 Days.

Aggressive 6-months targets are placed t 405-

425 mark.

CIPLA

Action

Target

Support

Resistance

Holding Period

519

SELL ON STRENGTH

457

483/457

535/569

9 Days



• BULLISH STOCKS: BATA, NESTLE

• BEARISH STOCKS: PEL, RELIANCE CAPITAL, BALKRISHNA INDUSTRIES, KAJARIA CERAMICS, KOTAK BANK, NTPC,

SUN TV, YES BANK

• SHOW ME THE MONEY: BUY NIFTY 8th AUGUST PE Strike Price 10600 at CMP 23.15. Profit: Unlimited. Maximum

Loss: Rs. 1,736.25/-. Stop: Exit Put option if Nifty moves above 10975. (Nifty August Futures CMP 10896.80).

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

IPO Note:

• Microfinance lender Spandana Sphoorty Financial launched its Rs 1,200-crore IPO on August 5 in a

price band of Rs 853-856 per share.

The offer, which will close on August 7, consists of a fresh issue of up to Rs 400 crore and an offer for sale of up to

93,56,725 equity shares. Company already raised Rs 360.28 crore from 18 anchor investors.

Sterling and Wilson Solar (SWSL), the end-to-end solar engineering, procurement and construction (EPC) solutions

provider, will hit the capital market with its Rs 3,125-crore public offer on August 6. It has fixed a price band at Rs 775-

780 per share for the issue which will close on August 8.

FII/DII & OPTIONS DATA:

• As per Monday’s Provisional Data available on the NSE, FII’s sold shares worth Rs. 2016.73 crores in the Indian Equity

Market. DIIs on the other hand, bought shares worth Rs. 1871.27 crores in the Indian Equity market.

• Derivative data suggests that Maximum Call open interest is at 11,500, which will act as a crucial resistance level in

August series. This was followed by 11,700 strike. Maximum Put open interest was seen at 11,000 followed by 11,200.

GLOBAL CUES:

• In Friday's trade too, the US Stock markets felt the heat of further escalation of trade war with China as Trump

announced new round of tariffs on Chinese imports. The losses in the stock market came even as the Labor Department

announced a solid pace of hiring in July.

ECONOMIC CUES:

• The policy-setting Federal Open Market Committee cut its benchmark interest rate by a quarter-point and most

importantly, ended its “quantitative tightening” program two months early. The Fed said it was easing monetary policy

“in light of the implications of global developments for the economic outlook and well as muted inflation pressures.”.

The governors voted 8-2 in favor of the move. This was the first rate cut by the Fed, since late 2008.

Denting optimism was the sense that the Fed seemed to step back a bit from promising a rate cut in September.



• We suspect, the Reserve Bank Of India (RBI) will also cut its benchmark repo rate by 25 basis points to 5.50% at the

August 7 meeting. The two catalysts' working in favor of rate cut by RBI are: low growth and weak inflation.

• US GDP growth in Q2CY19 was 2.1%t, higher than street estimates but there was some clear impact of tariffs and trade

friction.

• The Asian Development Bank lowered growth forecast for India from 7.2% YoY to 7.0% for FY20, due to moderation in

growth prospects for the advanced economies which could adversely affect tradable services.

COMMODITY NEWS:

• In Friday's trade, Crude-oil prices traded with caution after the prices were unable to cross the major hurdle at $58.50

mark. Buying advised only above $58.50 mark.

Not a pretty picture.

• Preferred trade on Nifty (10863): Sell between 11001-11101 zone. Targets at 10751/10001. Stop 11289.

• Preferred trade on Bank Nifty (27648): Sell between 27951-28101 zone. Targets at 26717/24770. Stop 28737.

Daily chart of 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 !


Negative bias as long as 739 resistance is held. Interweek Strategy: Sell between 695-701 zone, targeting 671 and then at 601-605 zone with stop above 727.

Reverse Flag pattern on daily charts. Negative bias as long as 484 resistance is held. Interweek Strategy: Sell between 461-465 zone, targeting 439 and then at 425-431 zone with stop above 484.

The interweek risk is on the downside with immediate targets at 1617. Momentum oscillators signaling major weakness. Interweek Strategy: Sell between 1755-1763 zone, targeting 1691 and then at 1617-1625 zone with stop above 1807.

Momentum oscillators signaling weakness. Major weakness below 45. Interweek Strategy: Sell between 49-50 zone, targeting 45 and then at 37.50-40 zone. Stop above 57.

SUN TV is seen trading with negative bias. Key intraday hurdles seen at 463. Interweek Strategy: Sell between 453-455 zone, targeting 441 and then at 401-403 zone. Stop 477.

Dalal Street likely to be swooned in Tuesday’ trade. Sell SUN TV with interweek perspective.

BALKRISHNA INDUSTRIES

KAJARIA CERAMICS

PEL

RELIANCE CAPITAL

SUN TV

693.25 671 601 723 739 Negative

457 439 425 484 493 Negative

1730 1691 1617 1757 1871 Negative

48.25 45 37.5 51.45 57.05 Negative

451 441 401 463 491 Negative

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: SELL BEL AUGUST FUTURES between 92.75-93.35

zone. Targets at 91.10 and then at 89.45. Stop: 94.75. Holding

Period: Intraday. Analyst’s Remark: Breaking Down. (BEL August

Futures CMP 92).

Option Call: BUY NIFTY 8th AUGUST PE Strike Price 10600 at CMP

23.15. Profit: Unlimited. Maximum Loss: Rs. 1,736.25/-. Stop: Exit

Put option if Nifty moves above 10975. (Nifty August Futures CMP

10896.80).

10862.60 (-1.23%)

28648.05 (-1.97%)

16.5850 (+9.20%)

+34 vs +27

1.98 crores (+3.84%)

19.35 lakhs (+12.27%)

2643.25 2745.14

33029.25 37983.81

957213 1142376.65

428817 29213

854704 47711

12426395 837590

716552 42699

14426468 957213

Calls in lakhs (% Change)

10700 0.82 (+531%)

10800 5.5 (+518%)

10900 16.35 (+188%)

Puts in lakhs (% Change)

10400 7.15 (+130%)

10600 8.39 (+26%)

10900 8.96 (-38%)

Tuesday06th August, 2019

Market Summary:

• Nifty August Futures ended Monday's session at a premium of +34

vs premium of +27.

• The 08th August expiry Put-Call Open Interest Ratio was at 0.61

for Nifty whereas it was 0.52 for Bank Nifty.

• The 08th August expiry Put-Call Volume Ratio was at 0.83 for the

Nifty and 0.76 for Bank Nifty.

• For Nifty, Maximum Call Open Interest (OI) stands at 11200 Strike

Price, followed by 11000 Strike Price for 08th August Series. Short

Buildup was seen at strikes price 10600-10900.

• Maximum Put Open Interest (OI) was seen at strike price 10500

followed by 10800 strike price for 08th August series. Long

Buildup was seen at strike prices 10300-10800.

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

Strike Price and Maximum Put Open Interest stands at 27000

Strike Price.

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

shares worth Rs. 2016.73 crores in the Indian Equity Market. DIIs

on the other hand, bought shares worth Rs. 1871.27 crores in the

Indian Equity market.

• Long Buildup: HDFC, BHARTIARTL, MARICO, MGL.

• Short Buildup: SBIN, NBCC, MOTHERSON, BEL, HINDALCO.

• Short Covering: TECHM, HUL, JUBLFOOD, COLPAL.

• Long Unwinding: IOC, EQUITAS, TATAPOWER, REC.

• Stocks banned in F&O Segment: NIL.

• New In Ban: NIL.

• Out Of Ban: NIL.


DAILY PIVOT TABLE

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


NIFTY 10858.65 10795.57 10732.48 10908.77 10958.88 11156.42 10845.68 Down

BANKNIFTY 27633.3 27393.02 27152.73 27870.07 28106.83 28359.7 27629.78 Down

NIFTYIT 15509.55 15366.43 15223.32 15598.78 15688.02 15350.46 15455.67 Down

ACC 1512 1490.33 1468.67 1529.33 1546.67 1521.96 1507.67 UP

ADANIENT 124.25 121.47 118.68 126.72 129.18 145.54 123.93 UP

ADANIPORTS 368.55 361.13 353.72 373.98 379.42 372.74 366.57 UP

ADANIPOWER 58.4 56.58 54.77 60.53 62.67 49.21 58.72 DOWN

AMARAJABAT 644.85 635.85 626.85 655.4 665.95 700.49 646.4 DOWN

AMBUJACEM 197.15 194.83 192.52 199.48 201.82 216.2 197.17 DOWN

APOLLOHOSP 1300.55 1288.15 1275.75 1312.05 1323.55 1241.89 1299.65 UP

APOLLOTYRE 146.8 144.78 142.77 150.33 153.87 207.96 148.32 DOWN

ARVIND 55.4 53.58 51.77 56.93 58.47 116.72 55.12 UP

ASHOKLEY 63.85 62.23 60.62 64.88 65.92 92.89 63.27 UP

ASIANPAINT 1526.1 1514.87 1503.63 1544.17 1562.23 1382.77 1532.93 DOWN

AUROPHARMA 546.95 537.4 527.85 555.7 564.45 720.5 546.15 UP

AXISBANK 660.35 650.58 640.82 669.73 679.12 703.55 659.97 UP

BAJAJ-AUTO 2640.95 2576.75 2512.55 2673.9 2706.85 2801.78 2609.7 UP

BAJAJFINSV 6975.3 6933.2 6891.1 7026.2 7077.1 6851.9 6984.1 DOWN

BAJFINANCE 3171 3142.73 3114.47 3199.53 3228.07 2876.6 3171.27 DOWN

BALKRISIND 691.05 684.2 677.35 703.85 716.65 872.74 697 DOWN

BANKBARODA 103.2 100.2 97.2 105.2 107.2 115.93 102.2 UP

BANKINDIA 68.85 66.77 64.68 70.27 71.68 89.73 68.18 UP

BATAINDIA 1369 1308.48 1247.97 1405.48 1441.97 1241.16 1344.97 UP

BEL 92.35 90.72 89.08 94.47 96.58 93.07 92.83 DOWN

BERGEPAINT 332.1 328.23 324.37 338.13 344.17 313.81 334.27 DOWN

BHARATFORG 419.65 408.72 397.78 430.87 442.08 496.27 419.93 DOWN

BHARTIARTL 360 345.48 330.97 368.08 376.17 307.65 353.57 UP

BHEL 56.4 54.88 53.37 57.63 58.87 68.12 56.12 UP

BIOCON 227.7 222.12 216.53 234.27 240.83 294.44 228.68 DOWN

BOSCHLTD 14301 14109 13917 14634 14967 17999.89 14442 DOWN

BPCL 339 331.9 324.8 345.75 352.5 352.22 338.65 UP

BRITANNIA 2568 2541.57 2515.13 2595.72 2623.43 3375 2569.28 DOWN

BSOFT 72.55 70.72 68.88 73.77 74.98 135.91 71.93 UP

CADILAHC 224.2 219.73 215.27 227.78 231.37 310.04 223.32 UP

CANBK 228.95 222.43 215.92 233.03 237.12 258.98 226.52 UP

CASTROLIND 114.5 113.08 111.67 115.88 117.27 148.9 114.47 UP

CENTURYTEX 869 849 829 882 895 891.23 862 UP

CESC 749 728.37 707.73 761.52 774.03 720.58 740.88 UP

CHOLAFIN 260.9 257.08 253.27 265.63 270.37 262.61 261.82 DOWN

CIPLA 518.15 513.33 508.52 521.88 525.62 543.07 517.07 UP

COALINDIA 200.25 194.6 188.95 204.4 208.55 242.19 198.75 UP

COLPAL 1197 1176.67 1156.33 1208.67 1220.33 1209.76 1188.33 UP

CONCOR 498.5 490.23 481.97 507.53 516.57 569.69 499.27 DOWN

CUMMINSIND 671.45 659.58 647.72 679.23 687.02 757.1 667.37 UP

DABUR 429.5 423 416.5 434 438.5 411.78 427.5 UP

DHFL 42 40.63 39.27 43.53 45.07 151.04 42.17 DOWN

DISHTV 22.9 21.57 20.23 24.32 25.73 34.83 22.98 DOWN

DIVISLAB 1571.1 1555.25 1539.4 1597.75 1624.4 1576.76 1581.9 DOWN

DLF 164.4 161.62 158.83 168.77 173.13 177.13 165.98 DOWN

DRREDDY 2505.55 2491.52 2477.48 2528.77 2551.98 2645.55 2514.73 DOWN

EICHERMOT 16560 16309.37 16058.73 16841.32 17122.63 20854.66 16590.68 DOWN

ENGINERSIN 93.3 92.07 90.83 95.47 97.63 115 94.23 DOWN

EQUITAS 104.1 97.35 90.6 111.25 118.4 122.5 104.5 DOWN

ESCORTS 458 446 434 466.25 474.5 651.78 454.25 UP

EXIDEIND 180.5 176.55 172.6 182.5 184.5 226.75 178.55 UP

FEDERALBNK 87.25 85.12 82.98 89.27 91.28 92.52 87.13 UP

GAIL 122.75 121.42 120.08 125.17 127.58 162.91 123.83 DOWN

GLENMARK 412 403.78 395.57 424.78 437.57 593.86 416.57 DOWN

GMRINFRA 14.8 14.6 14.4 15 15.2 16.1 14.8 UP

GODREJCP 616 604.15 592.3 623 630 701.1 611.15 UP

GRASIM 747.1 738.2 729.3 764.45 781.8 838.46 755.55 DOWN

HAVELLS 634.05 624.3 614.55 642.75 651.45 714.64 633 UP

HCLTECH 1010.45 999.37 988.28 1019.27 1028.08 1034.48 1008.18 UP

HDFC 2151.7 2119.82 2087.93 2171.52 2191.33 1995.84 2139.63 UP

HDFCBANK 2174.6 2158.07 2141.53 2195.57 2216.53 2206.2 2179.03 DOWN

HEROMOTOCO 2406 2356.33 2306.67 2445.33 2484.67 2746.6 2395.67 UP

HEXAWARE 354.65 349.2 343.75 358.4 362.15 344.45 352.95 UP

HINDALCO 176 172.4 168.8 178.8 181.6 207.73 175.2 UP

HINDPETRO 254.95 246.6 238.25 261.4 267.85 258.37 253.05 UP

HINDUNILVR 1741 1714.65 1688.3 1760.4 1779.8 1739.68 1734.05 UP

HINDZINC 202.6 199.92 197.23 207.97 213.33 259.67 205.28 DOWN

IBULHSGFIN 476.75 459.87 442.98 491.17 505.58 729.15 474.28 UP

ICICIBANK 403 396.95 390.9 407.85 412.7 381.87 401.8 UP

ICICIPRULI 392.2 384.52 376.83 397.92 403.63 345.53 390.23 UP

IDBI 28.2 26.95 25.7 29.1 30 47.02 27.85 UP

IDEA 6 5.85 5.7 6.2 6.4 25.5 6.05 DOWN

IDFCFIRSTB 41.05 39.93 38.82 41.83 42.62 43.99 40.72 UP

IGL 303.5 299.73 295.97 307.53 311.57 292.18 303.77 DOWN

INDIGO 1491 1466.25 1441.5 1511.05 1531.1 1292.05 1486.3 UP

INDUSINDBK 1400 1365.1 1330.2 1419.8 1439.6 1544.72 1384.9 UP

INFRATEL 246 241.82 237.63 250.52 255.03 278.9 246.33 DOWN

INFY 776.8 768.33 759.87 785.58 794.37 717.55 777.12 DOWN

IOC 132.25 130.77 129.28 134.22 136.18 145.45 132.73 DOWN

ITC 259.9 256.87 253.83 263.72 267.53 283.92 260.68 DOWN

JINDALSTEL 111.8 109.9 108 115.55 119.3 157.64 113.65 DOWN

JSWSTEEL 218.6 213.48 208.37 222.48 226.37 290.32 217.37 UP

JUBLFOOD 1194 1167.67 1141.33 1212.67 1231.33 1269.38 1186.33 UP

JUSTDIAL 697.5 682.15 666.8 708.6 719.7 581.47 693.25 UP

KAJARIACER 454 449.28 444.57 462.73 471.47 529.18 458.02 DOWN

KOTAKBANK 1460 1445.03 1430.07 1484.98 1509.97 1326.73 1470.02 DOWN

L&TFH 94.75 92.12 89.48 97.22 99.68 131.6 94.58 UP

LICHSGFIN 496.4 487.77 479.13 503.02 509.63 492.35 494.38 UP

LT 1345.7 1327.53 1309.37 1361.33 1376.97 1386.66 1343.17 UP

LUPIN 756.2 741.15 726.1 771.2 786.2 806.59 756.15 UP

M&M 548.55 542.52 536.48 554.42 560.28 682.37 548.38 UP

M&MFIN 294.45 289.8 285.15 298.95 303.45 409.36 294.3 UP

MANAPPURAM 112.15 109.9 107.65 113.65 115.15 109.2 111.4 UP

MARICO 374.25 370.27 366.28 377.52 380.78 357.6 373.53 UP

MARUTI 5672 5517.67 5363.33 5760.67 5849.33 6903.48 5606.33 UP

MCDOWELL-N 584.55 575.12 565.68 591.87 599.18 573.54 582.43 UP

MCX 794.2 782.83 771.47 808.28 822.37 764.95 796.92 DOWN

MFSL 403.85 396.5 389.15 413.55 423.25 420.1 406.2 DOWN

MGL 810 780.55 751.1 824.95 839.9 883.37 795.5 UP

MINDTREE 708 695.55 683.1 718.45 728.9 888.48 706 UP

MOTHERSUMI 99.05 97.5 95.95 101.8 104.55 143.97 100.25 DOWN

MRF 53300 52950.67 52601.33 53649.67 53999.33 59607.98 53300.33 DOWN

MUTHOOTFIN 613.5 604.38 595.27 624.23 634.97 547.89 615.12 DOWN

NATIONALUM 43 42.45 41.9 43.6 44.2 56.22 43.05 DOWN

NBCC 38.1 36.48 34.87 41.08 44.07 57.19 39.47 DOWN

NCC 72 70.17 68.33 73.37 74.73 90.6 71.53 UP

NESTLEIND 11781 11530.67 11280.33 11990.67 12200.33 10911.28 11740.33 UP

NIITTECH 1208.95 1195.63 1182.32 1217.83 1226.72 1252.98 1204.52 UP

NMDC 102.4 100.93 99.47 104.33 106.27 102.14 102.87 DOWN

NTPC 120.8 119.68 118.57 122.68 124.57 140.2 121.57 DOWN

OFSS 3276.05 3222.78 3169.52 3318.18 3360.32 3492.79 3264.92 UP

OIL 151.15 148.62 146.08 153.92 156.68 179.16 151.38 DOWN

ONGC 131.55 130.13 128.72 132.93 134.32 154.04 131.52 UP

PAGEIND 18166.1 17984.08 17802.07 18464.03 18761.96 23288.62 18282.02 DOWN

PEL 1724.1 1692.12 1660.13 1755.07 1786.03 2224.41 1723.08 UP

PETRONET 236.35 232.28 228.22 240.13 243.92 229.76 236.07 UP

PFC 104.1 102.27 100.43 106.37 108.63 109.97 104.53 DOWN

PIDILITIND 1276.9 1252.25 1227.6 1289.65 1302.4 1162.38 1265 UP

PNB 66.8 64.72 62.63 68.57 70.33 78.1 66.48 UP

POWERGRID 200.65 195 189.35 208.15 215.65 192.53 202.5 DOWN

PVR 1430.35 1413.18 1396.02 1459.98 1489.62 1593.85 1442.82 DOWN

RAMCOCEM 711.7 703.4 695.1 721.85 732 691.6 713.55 DOWN

RAYMOND 626.25 611 595.75 634.55 642.85 768.88 619.3 UP

RBLBANK 387.6 378.6 369.6 400.2 412.8 593.97 391.2 DOWN

RECLTD 133.5 129.23 124.97 137.23 140.97 133.35 132.97 UP

RELCAPITAL 47.75 46.65 45.55 49.55 51.35 163.42 48.45 DOWN

RELIANCE 1140.15 1123.1 1106.05 1162.1 1184.05 1232.4 1145.05 DOWN

RELINFRA 48 46.8 45.6 50.05 52.1 182.7 48.85 DOWN

SAIL 39.95 39.08 38.22 40.83 41.72 52.77 39.97 DOWN

SBIN 299.7 293.32 286.93 304.47 309.23 306.76 298.08 UP

SHREECEM 19952 19727.9 19503.8 20110.55 20269.1 18008.18 19886.45 UP

SIEMENS 1107.4 1087.72 1068.03 1125.42 1143.43 1081.18 1105.73 UP

SRF 2584.9 2549.27 2513.63 2622.77 2660.63 2378.23 2587.13 DOWN

SRTRANSFIN 968 948.83 929.67 984.53 1001.07 1124.21 965.37 UP

STAR 398.55 386.57 374.58 407.17 415.78 440.03 395.18 UP

SUNPHARMA 416.75 410.62 404.48 423.32 429.88 449.45 417.18 DOWN

SUNTV 448.1 440.42 432.73 456.62 465.13 566.3 448.93 DOWN

TATACHEM 559.95 549.58 539.22 568.23 576.52 631.94 557.87 UP

TATAELXSI 605 598.63 592.27 614.83 624.67 918.65 608.47 DOWN

TATAGLOBAL 261.5 258.67 255.83 265.37 269.23 220.84 262.53 DOWN

TATAMOTORS 124 121.47 118.93 127.37 130.73 176.39 124.83 DOWN

TATAMTRDVR 58.5 57.33 56.17 60.53 62.57 89.77 59.37 DOWN

TATAPOWER 58 57.25 56.5 58.85 59.7 70.75 58.1 DOWN

TATASTEEL 399.5 391.48 383.47 405.73 411.97 505.97 397.72 UP

TCS 2240 2206.32 2172.63 2262.97 2285.93 2037.52 2229.28 UP

TECHM 649.5 632.85 616.2 658.6 667.7 738.36 641.95 UP

TITAN 1036.1 1021.97 1007.83 1054.87 1073.63 1053.25 1040.73 DOWN

TORNTPHARM 1661.55 1651.12 1640.68 1677.37 1693.18 1709.63 1666.93 DOWN

TORNTPOWER 284.3 276.57 268.83 295.02 305.73 259.06 287.28 DOWN

TVSMOTOR 381 364.8 348.6 389.75 398.5 493.5 373.55 UP

UBL 1409.85 1400.33 1390.82 1418.13 1426.42 1351.72 1408.62 UP

UJJIVAN 277.4 270.28 263.17 285.23 293.07 286.22 278.12 DOWN

ULTRACEMCO 4244.6 4181.18 4117.77 4312.33 4380.07 4088.97 4248.92 DOWN

UNIONBANK 65.5 62.97 60.43 66.97 68.43 79.57 64.43 UP

UPL 539.9 527.25 514.6 560.75 581.6 590.1 548.1 DOWN

VEDL 140.5 135.7 130.9 144.05 147.6 180.52 139.25 UP

VOLTAS 603.9 598.45 593 607.3 610.7 572.91 601.85 UP

WIPRO 262.6 260.13 257.67 265.23 267.87 307.27 262.77 DOWN

YESBANK 81 77.67 74.33 86.17 91.33 181.24 82.83 DOWN

ZEEL 330.05 323.03 316.02 339.28 348.52 412.37 332.27 DOWN

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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 36259. Interweek strategy: Buy between 36811-36901 zone, targeting 37555 and then at 38001-38129 zone with stop at 36251.

Key supports now seen at 40179. Interweek strategy: Buy between 41779-42001 zone, targeting 43651 and then aggressive targets at 45001-48611 zone with stop at 40171.

Interweek strategy: Buy on dips between 3605-3625 zone, targeting 3901 mark and then aggressive targets at 4017-4051 zone with stop at 3489.

Interweek strategy: Establish short positions between 441-445 zone, targeting 421 zone and then aggressive targets at 405-411 zone with stop at 453.

Natural Gas prices seen at oversold conditions. Support now seen at 139-141 zone. Interweek strategy: Establish long positions only above 161, targeting 171 and then at 201-205 zone with stop at 137.

Technically, USD/INR now faces major hurdles at 71.455. Amidst falling local stock markets, aggressive traders can look to buy USD/INR at CMP, targeting 71.45 and then aggressive targets seen at 72.50. Stop at 71.45.

37362 36811 36259 37555 38129 Positive

42532 41779 40179 43651 48611 Positive

3900 3566 3375 3901 4017 Neutral

438 421 395 451 465 Neutral

147.00 139.00 131.00 161.00 205.00 Neutral

71.24 70.59 69.21 71.45 72.50 Positive

MCX SILVER: Establish long positions on corrective declines. Major strength seen above 43651.

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 slides after President Donald Trump announced a new round of tariffs on Chinese imports.

1479 1467 1445 1501 1511 Positive

16.45 15.45 14.87 16.71 17.21 Positive

54.72 52.5 49 58.05 61.5 Neutral

1.1205 1.1001 1.0945 1.1545 1.1607 Neutral

97.52 95.00 92.75 100.00 102.50 Positive

25541 25001 24221 26115 27251 Negative

Support now seen 1445-1451 zone on closing basis. Major interweek hurdles now seen at 1511. Interweek Strategy: Buy between 1467-1471 zone, targeting 1501 and then at 1507-1511 zone with stop 1439.

Hurdles now seen at 17.05. Interweek Strategy: Buy at CMP, targeting 16.71 zone and then at 17.05-17.21 zone with stop below 15.45.

Confirmation of strength only above key hurdles now at 58.05 zone. Key support seen at 52.50. Interweek strategy: Establish buy positions only above 58.05, targeting 60-61.50 zone with strict stop at 52.45.

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

U.S Dollar index faces hurdles at 100. Downside well supported at 95. Establish long positions between 97-97.50 zone, targeting 100 and then at 102.50 with stop at 95. Positive bias.

Wall Street slumps. Blame it to the Chinese yuan which breached the key 7-per-dollar level for the first time in more than a decade. The escalation of the U.S.-China trade war puts Dalal Street in a place where it's almost impossible to ascertain the downside risk.

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

138.95 138.25 137.55 140.1 141.25 140.9 131.48 DOWN

3692 3601 3511 3972.47 3989.93 1929.37 3568.75 UP

5602 5577.33 5552.67 5627.33 5652.67 5414.26 5478 UP

4232 4215 4198 4249 4266 4322.65 4317 UP

439 437.57 435.13 443.67 447.33 435.13 457.1 UP

19800 19101 18771 20670 20770 21484.35 21650 DOWN

3900 3811 3587.33 3954.67 4119.33 4020.8 4039 DOWN

37362 37001 36771 37801 38110 32600 35168 UP

8450 8372.33 8294.67 8506.33 8562.67 8799.14 8665 UP

4287.5 4232.33 4177.17 4322.33 4357.17 4330.5 4316 DOWN

17075 16976.67 16878.33 17236.67 17398.33 17498.03 17820 DOWN

154.7 151.33 150.52 155 159 143.31 158.43 DOWN

1262 1254.47 1246.93 1271.27 1280.53 1532.48 1228 DOWN

147 139 131 159.1 164.9 209.27 133.9 UP

1065 1001.13 982.97 1098 1125 866.08 956.25 UP

3912 3902.33 3892.67 3925.33 3938.67 3935.43 3892 UP

42532 42111 40711 43454 45000 38245.93 40658 UP

3050 3050 3050 3050 3050 3614.83 3015 UP

3585 3574.67 3564.33 3594.67 3604.33 3567.96 3552 UP

189.7 188.58 187.47 191.53 193.37 196.61 195.85 UP


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Quantum Global Securities Ltd.

2nd Floor, Thakur House, Ashok Nagar,

Kandivali East, Mumbai 400 101

Tel: +91 (22) 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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