Weekly Research Reports
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CONTENTSCONTENTS
Top Sectors for the Week
COMFORT PICK OF THE WEEK
Title Page No.
Comfort Pick Of The Week 03-04
Top Sectors for the Week 05-12
Weekly Pivot Table (Equities) 13
Weekly Pivot Table (Commodities) 14
Disclaimer 15
COMFORT PICK OF THE WEEKLet Your Money Grow Confidently !
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Comfort Pick Of The Week… Getting rich is easy with help of Comfort Pick Of The Week.
This weekly research report helps you to identify the best five momentum stocks for the week. ‘Pick of the week’ is best among the mentioned five and is always with detailed ‘Technical & Macro outlook’.
The trick to “Get Rich quickly and to Stay Rich forever” is a combination of alertness and awareness. With the right information on stocks from Comfort Pick Of The Week, your money is likely to grow confidently and living the “rich” life, is achievable.
STOCKS CMP BIAS TRADING/ INVESTMENT STRATEGY
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Monday19th November, 2018
Analyst’s Pick: NRB BEARINGS (CMP 187.30). Target: Rs. 225+
NRB was founded in 1965, and is a market leader in needle roller bearing and fifth major bearing company in India. For over 40 years NRB has pioneered the leading edge of bearing technology, and today over 90% of vehicles on Indian roads run on NRB parts. Since its inception, NRB has grown beyond its signature product to offer a wide range of high-precision friction solutions not only in the automotive sector, but across all mobility applications. We expect; the stock to do well amidst improving global economy as exports are expected to contribute to growth.
Technically, brace yourselves for a breakout play from a ‘Higher consolidation pattern’ on the daily charts on backdrop of an impulse uptrend forming higher high/ higher low pattern on the daily and intraday time scale, with positive SAR series. Also, momentum oscillators are clearly in buy mode, after recent consolidation, despite broader markets remaining volatile. The stock price is also signaling a breakout from multiple resistances, which are seen at 193 levels. Add to that a bullish divergence and a rising stochastic signal (on weekly charts) with recent increase in volumes signaling a larger rebound. A potential entrance exists at CMP, and on dips between 151-157 zone, as the stock is likely to run above its all-time-highs at 193 mark. Aggressive targets seen at 225 mark. Place stops below 139. Holding Period: 3 Months.
BIOCON 624.95 Positive
NRB BEARING 187.30 Positive
POLYPLEX 617.25 Positive
STATE BANK OF INDIA 290.90 Positive
ZYDUS WELNESS 1132 Positive
Biocon is signaling a major breakout from a 10-month higher consolidation zone. The positive takeaway is that despite decline in broader markets, the stock is in limelight. We are sure; the scrilla bulls will dominate price action with long term perspective. Stochastic and major oscillators are currently on the bulls' side. Accumulate at CMP, and on dips between 575-585 zone, as the stock is likely to run towards its all time high at 718 mark. Aggressive targets placed at 751 mark. Place stops below 539. Holding Period: 3 Months.
Investors with long term perspective should look into accumulating NRB Bearing as the stock is signaling a major breakout on the monthly charts. The positive takeaway from recent price action is that the stock is rebounding from its key supports (38.2% of the move from June 2015 lows to June 2018 highs). Accumulate at CMP, and on any corrective declines between 151--157 zone, as the stock is likely to run above its all-time-highs at 193 and then aggressive targets at psychological 225 zone. Place stop below 139. Holding Period: 3 Months.
Zooming into the Monthly, Quarterly & Yearly chart, we see the stock is signaling a breakout above its all-time-high placed at 668. A breakout play candidate. Establish long positions on corrective declines between 569-577 zone; targeting 668 and then aggressive targets at 751+. Holding Period: 3 Months.
SBI has been a major outperformer from the PSU Bank space. Interestingly, the stock is signaling a major breakout from a probable 'Ascending triangle' on the long term charts. The sequence of higher high/low is still intact on weekly and monthly charts. The stock appears a screaming buy on any corrective declines. Bullish positive reverse divergence and a rising stochastic signal are the key triggers on buy side. Buy at CMP, and on corrective dips between 245-257 zone, as the stock is likely to run towards its all-time-high at 351 mark. Aggressive targets are placed at 401 zone. Place stops below 229. Holding Period: 3 Months.
ZYDUS WELLNESS has corrected sharply in past 2-months and is now at its 61.8 Fibonacci support levels. At the moment the stock is seen consolidating at its extremely oversold zone on daily charts. Key support to watch in near term is at 1101-1125 zone. A major rebound play on cards, positive reverse divergence on daily and weekly charts supporting the buying argument. Establishing long positions at CMP, as the stock is likely to stage big move towards its psychological 1500 mark and then aggressive 12-months targets seen at 2000-2150 zone. Place stops below 869. Holding Period: 12 Months.
Top Sectors for the Week
Top Sectors for the Week is a Technical and Macro report containing everything you need to have…a clear, precise and detailed view on the five top momentum sectors... listed in BSE. This detailed multi-analyzed Macro-Technical report is a smart way to enter or exit an outperforming or underperforming sector using the relative strength function.
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Sector Analysis: Relative Strength Performance
Top Sectors for the Week
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Sectors Relative to Sensex... Outperforming stocks Underperforming stocks
Monday19th November, 2018
BSE Auto Index Neutral MARUTI APOLLO TYRES, HEROMOTO CORP
BSE Banks Index Outperform HDFC BANK, YES BANKCANARA BANK, SBI
BSE Capital Goods Index Neutral SCHAEFFLER, HEG, LARSEN BHEL, SUZLON
BSE Healthcare Index Neutral DIVIS LAB, BIOCON WOCKHARDT
BSE Metals Index Neutral HINDALCO, TATA STEEL NALCO, NMDC.
Top Sectors for the Week
From Comfort Research Desk…
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Sensex: 35,457:
The Week That Was: Amidst volatility, the benchmark Sensex inched up in last week's trade, andmost impartantly outperformed its global peers. Improving technical conditions on backdrop of FIIs buying were seen as key catalyst. Also, optimism was seen all around at Dalal Street, on backdrop of:
1. Crude-oil prices cooling off.2. Strength in Indian Rupee.3. Satisfactory Q2 earning session.4. Retail inflation easing to 3.31% in October; September IIP at 4.5%.5. The US mid-term elections removing a key event risk.
Expect more fireworks if there is any amicable resolution between President Donald Trump and Chinese President XI Jinping; the two are meeting formally later this month.
The positive takeaway was that Sensex and Nifty traded and ended well above their psychological 35,000 mark and 10,600 mark respectively. The benchmark Sensex ended the week, 0.56% higher on a weekly basis. The strength suggests receding fears about further market crash from current levels.
Sensex ended in green in three out of the five trading sessions of the week. The BSE MidCap index gained 0.36% and the BSE SmallCap index drifted 1.27% on weekly basis. Amongst Sectoral indices on weekly basis, the key gainers were BSE FMCG index, up 1.1%, BSE Consumer Durable index, up 3.1%, BSE Bankex index, up 1.4% and BSE Capital Goods index, up 0.90% while the indices ending on a negative note on weekly basis were BSE Healthcare Index, down 2.3%, BSE Reality index, down 2% and BSE Metal index down 2.3%.
Among the BSE-30 stocks, the major gainers were: Bharti Airtel, HDFC, and ICICI Bank, which were up 11.8%, 3.9% & 3.3% respectively. The top three losers of the week were: SUN Pharma, Tata Motors and GAIL which were down 12.8%, 8.2% and 7% respectively.
Meanwhile, Wall Street ended modestly higher on Friday, after comments from President Donald Trump once again sparked hopes that a trade dispute with China could be resolved in the near term. However, for the week, for the week, the Dow fell 2.2%, the S&P 500 dropped 1.6%, while the Nasdaq declined 2.2%..
Week Ahead: Dalal Street will most likely to start the week on a positive note, taking positive cues from a upbeat Wall Street in Friday's trade. The key catalysts this week are:
1. All eyes will be on RBI board meet on November 19th, 2018.2. The second phase of elections in Chhattisgar. The elections in five states will conclude on December 7. Counting of votes will be held across all the five states on December 11. Three states Chhattisgarh and Madhya Pradesh, Rajasthan are ruled by BJP and the election outcome will be crucial. 3. U.S.-China trade relations.4. Crude-oil prices movement.
Technically, the key interweek hurdles to watch on Sensex are at 35,651 & then major hurdles at 37,501 zone. Downside risk for Sensex only on any close below the key support at 34675 mark. Below 34,675, expect the benchmark to slip towards 33201 support zone. The corresponding levels for Nifty are: Supports at 10401 and then at 9951 and then at 9651-9701 zone. Hurdles at 10,765 mark
For the current week, we expect the benchmark Sensex to trade choppy and volatile. Aggressive traders can look to establish short positions on any strength with strict stop above 36,901 on Sensex.
Amongst momentum stocks looking bright are: BAJAJ FINSERVE, CANARA BANK, SBI, LARSEN, RELIANCE INDUSTRIES, HAVELLS, BAJAJ FINANCE, and BRITANNIA. We are negative on stocks like Ashok Leyland, Hero Honda, Lupin, Wockhardt, Motherson Sumi, and BHEL. Among sectoral indices, we have an outperformer rating on BSE Bankex index amidst improving technical conditions. Meanwhile, for this week, our most preferred pair strategies are:
• Pair Strategy: Long MARUTI and Short TATA MOTORS.
• PAIR Strategy: Long HDFC BANK and Short PNB.
Top Sectors for the Week
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BSE Auto Index vs Sensex
• BSE AUTO: 20,517: NEUTRAL.
• The interweek/intermonth outlook continues to be neutral amidst last week's consolidation. The Auto index was seen drifting in last week's trade, down 1.58%. Key interweek supports placed at 19775 support zone. Immediate hurdles are now placed at 22325. Confirmation of strength only above 24101 zone.
• Support: 19775/18901/15251.
• Resistance: 21001/22325/24101.
• Preferred Strategy on Auto Index: For this week, aggressive traders can look to sell on any excessive strength between 20900-21251 zone, targeting 19775 and then aggressive targets seen at 17401-17751 zone with strict stop above 22325.
• Preferred Trade:
• Buy MARUTI SUZUKI (CMP 7341) between 6901-6951 zone, targeting 7450-7501 zone and then at 8001-8101 zone with stop below 6451. Holding Period: 3 Months.
• Sell HERO MOTO CORP (CMP 2961) between 3001-3051 zone, targeting 2701 zone and then at 2200-2301 zone with stop above 3211. Holding Period: 2 Months.
• Outperforming Stocks: MARUTI, MRF
• Underperforming Stocks: APOLLO TYRES, ASHOK LEYLAND, HERO MOTO CORP, TATA MOTORS
PAIR Strategy: Long MARUTI and Short TATA MOTORS
Top Sectors for the Week
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BSE Banks Index vs Sensex
PAIR Strategy: Long CANARA BANK and Short PNB
• BSE BANKS: 29,519: OUTPERFORM.
• The interweek outlook shifts to positive after last week's value buying, up 1.45% on weekly basis. Only on any move below 27000 mark will confirm weakness and trigger major declines towards 25701. Aggressive buying advised only on any move above 30101.
This week, we expect Bank index to trade volatile with slight positive bias, with must watch interweek hurdles at 30101 and key supports at 27001.
• Support: 28501/27001/25701.
• Resistance: 30101/31251/32275.
• Preferred Strategy on Bank Index: For this week, aggressive traders can look to buy between 28700-28900 zone, targeting 30101 and then aggressive targets seen at 32001-32275 zone with strict stop below 28001.
• Preferred Trade:
• Buy CANARA BANK (CMP 263.70) between 253-257 zone, targeting 275-277.50 zone and then at 301.50 zone with stop below 227. Holding Period: 2 Months.
• Buy STATE BANK OF INDIA (CMP 290.90) between 279-283 zone, targeting 301 zone and then at 312-315 zone with stop below 263. Holding Period: 2 Months.
• Outperforming Stocks: HDFC BANK, SBI, CANARA BANK, BANK OF INDIA, BANK OF BARODA.
• Underperforming Stocks: YES BANK.
Top Sectors for the Week
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BSE Capital Goods Index vs Sensex
PAIR Strategy: Long LARSEN and Short BHEL
• BSE CAPITAL GOODS: 18,411: NEUTRAL.
• The interweek outlook continues to be neutral/positive after recent spectacular rebound, and up 0.91% in last week's trade. Hurdles now seen at 19251. Downside risk only below 15901 mark. Expect larger declines only below 15901. Major hurdles at 19251.
• Support: 17601/17001/15501.
• Resistance: 18501/19251/20701.
• Preferred Strategy on Capital Goods Index: For this week, buying between 17501-17801 zone, should be the preferred trading strategy, targeting 18501 and then at 19001-19251 zone with strict stop below 17201.
• Preferred Trade:
• Sell BHEL (CMP 66.75) between 75-77.50 zone, targeting 65 zone and then at 55-57.50 zone with stop above 83.05. Holding period: 2 months.
• Buy HAVELLS (CMP 674.20) on excessive weakness between 629-635 zone, targeting 691 zone and then at 705-715 zone with stop below 605. Holding period: 2 months.
• Outperforming Stocks: ABB, HAVELLS, SCHAEFFLER, HEG, GRAPHITE, CARBONDUM UNIVERSAL, LARSEN.
• Underperforming Stocks: BHEL, BEML, SUZLON, NBCC.
Top Sectors for the Week
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BSE Healthcare Index vs Sensex
PAIR Strategy: Long DIVIS LAB and Short WOCKHARDT
• BSE HEALTHCARE: 14,693: NEUTRAL.
• The interweek outlook continues to be neutral amidst last week's volatile conditions, down 2.34% on weekly basis. Key supports to watch are at 13751 zone. Major declines now likely only below 12501 mark. Confirmation of strength above 16501.
• Support: 13751/12501/11001.
• Resistance: 15157/15751/16501.
• Preferred Strategy on Healthcare Index: For this week, aggressive traders should look to buy only on any sharp corrective declines near 13901-14101 zone, targeting 15157 zone and then at 16501 mark with strict stop below 12451.
• Preferred Trade:
• Sell LUPIN (CMP 864.70) between 871-877 zone, targeting 835 zone and then at 801-811 zone with stop above 905. Holding Period: 1 month.
• Buy AJANTA PHARMA at CMP 1119.65, and on any weakness between 1045-1051 zone, targeting 1201 zone and then at 1301-1325 zone with stop below 951. Holding Period 3 months.
• Outperforming Stocks: AUROBINDO PHARMA, NOVARTIS, PFIZER, DIVIS LAB, BIOCON.
• Underperforming Stocks: LUPIN, FORTIS, WOCKHARDT.
Top Sectors for the Week
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BSE Metals Index vs Sensex
PAIR Strategy: Long HINDALCO and Short NMDC
• BSE METALS: 12,567: NEUTRAL
• The interweek outlook continues to be neutral despite last week's weakness, down 2.30% on weekly basis. Confirmation of strength only above 14501 mark. Major support seen at 11501. Intermediate support seen at 12501.
• Support: 12501/11501/10050.
• Resistance: 13251/14501/16001.
• Preferred Strategy on Metals Index: For this week, aggressive traders can look to buy only above 13251 zone, targeting 14501 and then at 14901-15001 zone with strict stop below 12501.
• Preferred Trade:
• Buy JINDAL STEEL & POWER (CMP 184.15) on sharp corrective declines between 175-177.50 zone, targeting 191 and then at 207-211 zone. Stop below 159. Holding period: 3 months.
• Buy HINDALCO (CMP 229.95) between 215-219 zone, targeting 245 and then at 261-265 zone. Stop below 211. Holding period: 2 months.
• Outperforming Stocks: TATA STEEL, JSW STEEL, HINDALCO.
• Underperforming Stocks: NALCO, NMDC
Instrument Close S1 S2 R1 R2 200 Day SMA Reversal Point Trend
WEEKLY PIVOT TABLE
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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.
Monday19th November, 2018
NIFTY 10682.2 10643.85 10605.5 10707.85 10733.5 10669.5 10754.26 DOWN
BANKNIFTY 26245.55 26134.48 26023.42 26344.68 26443.82 26233.62 26034.84 UP
NIFTYMID50 4806.95 4772.75 4738.55 4845.9 4884.85 4811.7 5010.92 DOWN
ACC 1501.4 1486.4 1471.4 1522.2 1543 1507.2 1495.87 UP
ADANIENT 161.45 158.02 154.58 164.37 167.28 160.93 131.98 UP
ADANIPORTS 347.45 342.5 337.55 351.9 356.35 346.95 374.25 DOWN
AJANTPHARM 1119.6 1093.1 1066.6 1142.55 1165.5 1116.05 1177.17 DOWN
ALBK 43.35 41.77 40.18 44.47 45.58 42.88 45.21 DOWN
AMARAJABAT 733.75 720.67 707.58 744.47 755.18 731.38 798.12 DOWN
ANDHRABANK 28.8 28.32 27.83 29.22 29.63 28.73 35.99 DOWN
APOLLOTYRE 226.25 223.1 219.95 230.4 234.55 227.25 259.63 DOWN
ARVIND 319 308.13 297.27 325.88 332.77 315.02 388.88 DOWN
ASHOKLEY 105.55 104.57 103.58 107.02 108.48 106.03 133.33 DOWN
ASIANPAINT 1321.3 1313.07 1304.83 1329.67 1338.03 1321.43 1253.05 UP
AUROPHARMA 782.65 772.93 763.22 792.43 802.22 782.72 644.59 UP
AXISBANK 619.8 612 604.2 632.15 644.5 624.35 558.74 UP
BAJAJ-AUTO 2695.35 2678.37 2661.38 2709.12 2722.88 2692.13 2832.57 DOWN
BAJAJFINSV 5695.65 5628.9 5562.15 5746.2 5796.75 5679.45 5794.82 DOWN
BAJFINANCE 2402.1 2355.67 2309.23 2432.87 2463.63 2386.43 2175.81 UP
BALKRISIND 954.9 937.22 919.53 972.77 990.63 955.08 1143.83 DOWN
BALRAMCHIN 109.65 107.6 105.55 112.6 115.55 110.55 82.87 UP
BANKBARODA 115.2 111.4 107.6 117.65 120.1 113.85 132.91 DOWN
BANKINDIA 88.15 84.58 81.02 90.48 92.82 86.92 99.49 DOWN
BATAINDIA 1003.95 995.28 986.62 1012.33 1020.72 1003.67 845.28 UP
BEL 92.85 90.62 88.38 96.07 99.28 93.83 119.24 DOWN
BEML 700.45 682.43 664.42 728.08 755.72 710.07 923.73 DOWN
BERGEPAINT 317.5 311.37 305.23 321.27 325.03 315.13 284.11 UP
BHARATFIN 925.6 916.1 906.6 940.6 955.6 931.1 1099.59 DOWN
BHARATFORG 593 586.07 579.13 597.97 602.93 591.03 666.3 DOWN
BHARTIARTL 332.75 310.9 289.05 345.7 358.65 323.85 374.29 DOWN
BHEL 66.75 65.92 65.08 67.32 67.88 66.48 79.29 DOWN
BIOCON 624.95 620.32 615.68 631.77 638.58 627.13 620.07 UP
BPCL 322.05 316.88 311.72 326.23 330.42 321.07 386.96 DOWN
BRITANNIA 5947.65 5828.43 5709.22 6028.43 6109.22 5909.22 5657.9 UP
CANBK 263.7 254.27 244.83 269.77 275.83 260.33 264.41 DOWN
CANFINHOME 265.6 255.13 244.67 278.78 291.97 268.32 372.39 DOWN
CAPF 494.4 486.47 478.53 501.57 508.73 493.63 582.57 DOWN
CASTROLIND 151 148.7 146.4 153.05 155.1 150.75 172.34 DOWN
CEATLTD 1251.5 1235.32 1219.13 1272.67 1293.83 1256.48 1398.38 DOWN
CENTURYTEX 901.35 890.23 879.12 914.23 927.12 903.12 1009 DOWN
CESC 687.05 681.67 676.28 690.97 694.88 685.58 950.57 DOWN
CGPOWER 36 35.08 34.17 36.58 37.17 35.67 64.52 DOWN
CHENNPETRO 266.9 262.67 258.43 271.72 276.53 267.48 310.03 DOWN
CHOLAFIN 1255.5 1222.95 1190.4 1295.3 1335.1 1262.75 1438.45 DOWN
CIPLA 530.6 523.13 515.67 536.03 541.47 528.57 600.83 DOWN
COALINDIA 263.65 261.37 259.08 265.87 268.08 263.58 280.26 DOWN
COLPAL 1147.6 1130.07 1112.53 1161.07 1174.53 1143.53 1123.87 UP
CUMMINSIND 795.95 781.98 768.02 816.43 836.92 802.47 731.24 UP
DABUR 395.65 390.3 384.95 399 402.35 393.65 383.31 UP
DALMIABHA 2263.7 2224.17 2184.63 2301.07 2338.43 2261.53 2586.36 DOWN
DCBBANK 155.1 153.7 152.3 156.95 158.8 155.55 170.34 DOWN
DHFL 225.35 216.13 206.92 240.78 256.22 231.57 528.82 DOWN
DISHTV 37.05 36.3 35.55 38.1 39.15 37.35 67.27 DOWN
DIVISLAB 1558.7 1532.53 1506.37 1579.93 1601.17 1553.77 1170.09 UP
DLF 169.4 165.6 161.8 172.4 175.4 168.6 199.61 DOWN
DRREDDY 2477.05 2447.13 2417.22 2501.88 2526.72 2471.97 2253.65 UP
EICHERMOT 24735 24163.4 23591.8 25068.3 25401.6 24496.7 27670.67 DOWN
ENGINERSIN 115.3 113 110.7 118.8 122.3 116.5 139.12 DOWN
EQUITAS 109.35 107.25 105.15 111.65 113.95 109.55 142.23 DOWN
ESCORTS 662.9 653.4 643.9 675.15 687.4 665.65 834.9 DOWN
EXIDEIND 246.35 243.25 240.15 250.3 254.25 247.2 250.48 DOWN
FEDERALBNK 79.9 78.25 76.6 81.05 82.2 79.4 86.48 DOWN
FORTIS 146.5 144.12 141.73 147.87 149.23 145.48 143.24 UP
GAIL 342.2 338.4 334.6 348.85 355.5 345.05 349.92 DOWN
GLENMARK 646.95 636.9 626.85 665.5 684.05 655.45 583.61 UP
GMRINFRA 16.05 15.9 15.75 16.3 16.55 16.15 17.96 DOWN
GODREJCP 723.4 713.77 704.13 730.27 737.13 720.63 798.03 DOWN
GODREJIND 517.55 509.28 501.02 523.73 529.92 515.47 567.35 DOWN
GRANULES 100.75 98.8 96.85 103.25 105.75 101.3 102.02 DOWN
GRASIM 831.9 815.37 798.83 843.07 854.23 826.53 1027.3 DOWN
GSFC 105.7 104.57 103.43 107.12 108.53 105.98 116.34 DOWN
HAVELLS 674.2 663.18 652.17 686.33 698.47 675.32 576.22 UP
HCC 13.95 13.78 13.62 14.08 14.22 13.92 18.82 DOWN
HCLTECH 1022.2 998.03 973.87 1042.08 1061.97 1017.92 980.56 UP
HDFC 1889 1861.7 1834.4 1904.6 1920.2 1877.3 1856.28 UP
HDFCBANK 2004.3 1985.2 1966.1 2018.2 2032.1 1999.1 1998.21 UP
HDIL 22 21.6 21.2 22.75 23.5 22.35 31.03 DOWN
HEROMOTOCO 2961.9 2934.77 2907.63 2979.52 2997.13 2952.38 3388.19 DOWN
HEXAWARE 309.2 303.87 298.53 315.67 322.13 310.33 413.61 DOWN
HINDALCO 229.95 227.15 224.35 234.1 238.25 231.3 231.42 DOWN
HINDPETRO 243.65 237.95 232.25 250.5 257.35 244.8 297.19 DOWN
HINDUNILVR 1689.1 1675.6 1662.1 1710.3 1731.5 1696.8 1545.67 UP
HINDZINC 266.7 263.43 260.17 271.63 276.57 268.37 294.15 DOWN
IBREALEST 83.25 81.63 80.02 86.23 89.22 84.62 162.21 DOWN
IBULHSGFIN 766.2 741.97 717.73 803.57 840.93 779.33 1172.31 DOWN
ICICIBANK 367.55 363.63 359.72 373.38 379.22 369.47 306.97 UP
ICICIPRULI 328.5 324.17 319.83 333.77 339.03 329.43 386.09 DOWN
ICIL 60.05 59.43 58.82 60.93 61.82 60.32 81.19 DOWN
IDBI 60.9 60.02 59.13 61.62 62.33 60.73 62.84 DOWN
IDEA 43 38.17 33.33 45.87 48.73 41.03 59.98 DOWN
IDFC 39.15 38.6 38.05 39.6 40.05 39.05 48.33 DOWN
IDFCBANK 36.45 35.93 35.42 36.78 37.12 36.27 43.77 DOWN
IFCI 14.25 14.02 13.78 14.42 14.58 14.18 17.83 DOWN
IGL 267.9 263.48 259.07 272.58 277.27 268.17 276.62 DOWN
INDIACEM 93.85 92.67 91.48 95.57 97.28 94.38 125 DOWN
INDIANB 229.15 223.97 218.78 233.42 237.68 228.23 311 DOWN
INDIGO 1049.4 1028.27 1007.13 1070.27 1091.13 1049.13 1123.17 DOWN
INDUSINDBK 1501.1 1483.23 1465.37 1522.48 1543.87 1504.62 1802.04 DOWN
INFIBEAM 47.1 44.03 40.97 51.83 56.57 48.77 151.91 DOWN
INFRATEL 259.6 256.32 253.03 262.57 265.53 259.28 302.9 DOWN
INFY 650.85 642.53 634.22 660.83 670.82 652.52 636.14 UP
IOC 143.35 141.17 138.98 145.62 147.88 143.43 164.57 DOWN
ITC 276.55 275.1 273.65 278.15 279.75 276.7 279.4 DOWN
JETAIRWAYS 346.5 308.45 270.4 375.75 405 337.7 435.86 DOWN
JINDALSTEL 175 171.43 167.87 180.88 186.77 177.32 222.46 DOWN
JISLJALEQS 72.6 71.48 70.37 73.43 74.27 72.32 94.41 DOWN
JPASSOCIAT 6.6 6.5 6.4 6.7 6.8 6.6 14.49 DOWN
JSWENERGY 70.9 70.18 69.47 71.43 71.97 70.72 72.25 DOWN
JSWSTEEL 335.1 330.12 325.13 342.17 349.23 337.18 331.85 UP
JUBLFOOD 1191.1 1168.77 1146.43 1217.72 1244.33 1195.38 1250.82 DOWN
JUSTDIAL 491.3 480.63 469.97 504.33 517.37 493.67 502.17 DOWN
KOTAKBANK 1168.6 1156.57 1144.53 1176.82 1185.03 1164.78 1203.77 DOWN
KPIT 211.95 209.7 207.45 214.5 217.05 212.25 250.79 DOWN
KSCL 518 501.33 484.67 528.33 538.67 511.67 536.84 DOWN
KTKBANK 107.65 106.82 105.98 108.67 109.68 107.83 117.2 DOWN
L&TFH 132.55 130.25 127.95 135.8 139.05 133.5 159.22 DOWN
LICHSGFIN 453.35 444.8 436.25 465.4 477.45 456.85 498.09 DOWN
LT 1399.05 1389.03 1379.02 1411.53 1424.02 1401.52 1318.93 UP
LUPIN 864.7 856.8 848.9 871.25 877.8 863.35 837.73 UP
M&M 767.6 759.4 751.2 776.15 784.7 767.95 840.05 DOWN
M&MFIN 438 428.95 419.9 445.5 453 436.45 458.72 DOWN
MANAPPURAM 85.95 85.15 84.35 86.75 87.55 85.95 101.62 DOWN
MARICO 346.6 343.1 339.6 351 355.4 347.5 329.71 UP
MARUTI 7341.2 7247.82 7154.43 7489.32 7637.43 7395.93 8629.02 DOWN
MCDOWELL-N 647.1 641.77 636.43 652.62 658.13 647.28 622.92 UP
MCX 703.25 692.28 681.32 719.93 736.62 708.97 771.59 DOWN
MGL 844.5 837.07 829.63 856.87 869.23 849.43 889.18 DOWN
MOTHERSUMI 149.2 142.03 134.87 154.83 160.47 147.67 203.13 DOWN
MRF 65754.95 65295.61 64836.26 66507.16 67259.35 66047.8 72153.53 DOWN
MRPL 80.65 79.95 79.25 81.45 82.25 80.75 94.35 DOWN
MUTHOOTFIN 460.9 452.9 444.9 469.3 477.7 461.3 410.69 UP
NATIONALUM 66.1 65.48 64.87 66.83 67.57 66.22 69.29 DOWN
NBCC 59.5 57.92 56.33 61.02 62.53 59.43 82.7 DOWN
NCC 87.75 86.13 84.52 89.73 91.72 88.12 104.08 DOWN
NMDC 100.75 97.18 93.62 106.33 111.92 102.77 115.73 DOWN
NTPC 154.05 152.87 151.68 155.37 156.68 154.18 163.79 DOWN
OFSS 3573.45 3479.18 3384.92 3643.53 3713.62 3549.27 3962.48 DOWN
ONGC 156.35 153.43 150.52 158.63 160.92 155.72 172.8 DOWN
ORIENTBANK 91.75 87.37 82.98 95.07 98.38 90.68 84.07 UP
PCJEWELLER 74.15 70.23 66.32 78.33 82.52 74.42 184.42 DOWN
PEL 2345.4 2298.17 2250.93 2381.22 2417.03 2333.98 2534.46 DOWN
PETRONET 216 213.08 210.17 217.98 219.97 215.07 226.77 DOWN
PFC 101.35 96.75 92.15 107.05 112.75 102.45 86.87 UP
PIDILITIND 1118.9 1105.88 1092.87 1127.08 1135.27 1114.07 1029.68 UP
PNB 73.2 71.15 69.1 74.7 76.2 72.65 90.4 DOWN
POWERGRID 188.1 186.2 184.3 190 191.9 188.1 194.45 DOWN
PTC 81.05 79.83 78.62 82.08 83.12 80.87 84.97 DOWN
PVR 1417 1400.5 1384 1436.5 1456 1420 1325.44 UP
RAMCOCEM 619.35 607.4 595.45 639.95 660.55 628 710.92 DOWN
RAYMOND 774.45 761.83 749.22 790.53 806.62 777.92 890.7 DOWN
RBLBANK 559.25 550.97 542.68 564.72 570.18 556.43 529.33 UP
RCOM 13.55 13.23 12.92 13.78 14.02 13.47 17.75 DOWN
RECLTD 121.05 117.2 113.35 125.9 130.75 122.05 118.79 UP
RELCAPITAL 237.75 231.53 225.32 248.18 258.62 241.97 393.93 DOWN
RELIANCE 1127.4 1106.35 1085.3 1139.2 1151 1118.15 1037.99 UP
RELINFRA 329.95 318.33 306.72 347.28 364.62 335.67 411.25 DOWN
REPCOHOME 401.35 390.92 380.48 413.12 424.88 402.68 542.49 DOWN
RPOWER 30.4 29.63 28.87 31.38 32.37 30.62 35.18 DOWN
SAIL 64.1 63.4 62.7 64.95 65.8 64.25 76.27 DOWN
SBIN 290.9 285.07 279.23 294.27 297.63 288.43 270.97 UP
SHREECEM 15935.9 15604 15272.1 16283.9 16631.9 15952 16563.07 DOWN
SIEMENS 981.45 939.23 897.02 1004.93 1028.42 962.72 1038.47 DOWN
SOUTHBANK 14.55 14.32 14.08 14.77 14.98 14.53 21.51 DOWN
SREINFRA 35.1 32.57 30.03 38.77 42.43 36.23 64.03 DOWN
SRF 2040.25 2015.43 1990.62 2071.68 2103.12 2046.87 1901.21 UP
SRTRANSFIN 1235.2 1210.47 1185.73 1267.47 1299.73 1242.73 1340.93 DOWN
STAR 464.65 456.6 448.55 474.75 484.85 466.7 513.97 DOWN
SUNPHARMA 519.75 513.58 507.42 525.73 531.72 519.57 557.09 DOWN
SUNTV 608.15 589.6 571.05 621.1 634.05 602.55 816.28 DOWN
SUZLON 5.65 5.58 5.52 5.73 5.82 5.67 8.96 DOWN
SYNDIBANK 35.6 34.77 33.93 36.32 37.03 35.48 47.04 DOWN
TATACHEM 695.85 688.48 681.12 700.73 705.62 693.37 707.97 DOWN
TATACOMM 548.45 526.07 503.68 562.37 576.28 539.98 580.81 DOWN
TATAELXSI 962.55 944.38 926.22 993.33 1024.12 975.17 1183.27 DOWN
TATAGLOBAL 221.8 218.82 215.83 224.52 227.23 221.53 254.8 DOWN
TATAMOTORS 179.9 177.88 175.87 181.88 183.87 179.87 288.76 DOWN
TATAMTRDVR 98.95 98.1 97.25 99.8 100.65 98.95 162.52 DOWN
TATAPOWER 76.8 75.47 74.13 77.77 78.73 76.43 77.45 DOWN
TATASTEEL 574.1 565.43 556.77 586.88 599.67 578.22 592.64 DOWN
TCS 1886.6 1871.3 1856 1900.85 1915.1 1885.55 1795.43 UP
TECHM 728 715.23 702.47 736.53 745.07 723.77 672.42 UP
TITAN 921.35 913.13 904.92 929.13 936.92 920.92 875.43 UP
TV18BRDCST 36.9 36.43 35.97 37.33 37.77 36.87 51.92 DOWN
TVSMOTOR 551.6 546.27 540.93 556.22 560.83 550.88 592.43 DOWN
UBL 1315.6 1302.58 1289.57 1327.78 1339.97 1314.77 1169.13 UP
UJJIVAN 230 225.22 220.43 235.62 241.23 230.83 346.82 DOWN
UNIONBANK 82.6 80.33 78.07 84.73 86.87 82.47 89.66 DOWN
UPL 771.85 761.58 751.32 778.38 784.92 768.12 686.72 UP
VEDL 206.8 205.23 203.67 208.68 210.57 207.12 255.91 DOWN
VGUARD 195.55 193.13 190.72 198.98 202.42 196.57 212.09 DOWN
VOLTAS 552.55 544.53 536.52 558.03 563.52 550.02 575.67 DOWN
WIPRO 326.2 323 319.8 329.9 333.6 326.7 291 UP
WOCKPHARMA 525.35 518.23 511.12 534.73 544.12 527.62 667.06 DOWN
YESBANK 191 185.28 179.57 199.23 207.47 193.52 316.24 DOWN
ZEEL 443.6 435.57 427.53 451.57 459.53 443.53 531.51 DOWN
CommodityExchange Close S1 S2 R1 R2200 Day
SMA Reversal
Point Trend
WEEKLY PIVOT TABLE (Commodities)
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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
139.3 138.47 137.63 139.92 140.53 146 137.8 DOWN
1475.7 1455.6 1435.5 1500.4 1525.1 1143.94 1402 UP
6020 5993.33 5966.67 6073.33 6126.67 4448.73 6016 UP
4449 4403.67 4358.33 4539.67 4630.33 3852.54 4859.5 UP
442.9 436.63 430.37 446.68 450.47 444.77 443.85 DOWN
22390 22286.67 22183.33 22506.67 22623.33 21822 22620 DOWN
4054 3992.33 3930.67 4137.33 4220.67 4625.19 4335 UP
31007 30829 30651 31166 31325 30714.01 31328 DOWN
9685 9614 9543 9792 9899 9001.07 9850 DOWN
4620 4582.33 4544.67 4683.83 4747.67 4194.52 4584 DOWN
19310 19223.33 19136.67 19398.33 19486.67 17463.25 20062.5 UP
143.7 140.2 136.7 145.85 148 153.65 134.98 DOWN
1796.4 1787.3 1778.2 1806.2 1816 1485.69 1750.95 UP
297.9 282.3 266.7 313.4 328.9 200.94 247.9 UP
816.7 809.67 802.63 823.47 830.23 926.97 837.25 UP
4054 4007 3960 4107 4160 4054.43 4030 DOWN
36991 36729 36467 37204 37417 38647.4 37554 UP
3050 3050 3050 3050 3050 3614.83 3015 DOWN
3363 3353.33 3343.67 3374.33 3385.67 3518.85 3303 UP
192.2 188.68 185.17 194.28 196.37 198.23 176.05 UP
Monday19th November, 2018
Comfort Securities Ltd.
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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 Comfort Securities Ltd. in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Comfort Securities Ltd. has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Comfort 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.
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