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Welcome NoteFriday

17th May, 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 Friday's trading action at Dalal Street,

dated 17th May 2019.

Outlook for Friday: Up again for benchmark Nifty.

The good news for bulls camp is that the benchmark Nifty rebounded hard in

yesterday's trade — after a 18-days of severe volatility, a bullish sign for

investors who would prefer to trade on buy side ahead of election outcome on

23rd May 2019.

That brings us to our call of the day which suggests a bright day ahead and

any declines should be used as an opportunity to initiate long positions.

Nifty likely to Take-Off — Support seen at 11061. Hurdles at 11567.

Sentiments could also get a boost after boosted after a strong overnight

close at Wall Street. The big positive catalyst happens to be some section of

media reports which suggests that Federal Reserve may cut rates again.

Bottom-line: Worldwide stock markets should gain on this tailwind.

SGX Nifty is indicating a positive start for our stock markets.

The big question: Will today's session bring out the bulls:?

Honestly speaking, if Nifty holds above psychological 11,061 mark, there's

good hope that equities can gravitate back to the top of their trading range.

Agreed, that the exit poll outcome on 19th May could forecast more storm

clouds ahead, but a favorable outcome on 23rd May could force perma-bears

to end all the pessimism surrounding Dalal Street.

Also the bulls will hope meantime that the U.S-China call for truce and bring

the wheels of the worldwide economic growth engine to prosperity — from

the muck. The bulls' are likely to roar only on any positive news coming

courtesy of trade news.

Meanwhile, keeping bears active will be negative catalysts like:

1.Selling intensifying from FIIs camp. The Foreign Institutional Investors

have sold shares worth Rs. 953.23 crore in the Indian equity markets in

Thursday's trade. In the month of May, as of now, the FIIs have pulled

out Rs 8,380 crore.

2.Oil prices have spiked in last three days as investors focused on a

percolating Middle East tensions. Well, if thats so then we could easily

see oil prices rise to $75 a barel from here.

3.Skymet — a private weather forecaster has said that monsoon to

arrive late — will arrive on its southern coast on June 4 and deliver less

rain than average this year.

11257 0.90%

28855 0.83%

7892 0.45%

29229 0.15%

3010 0.48%

15934 1.00%

2116 2.26%

4603 0.39%

2811 1.17%

8577 -0.21%

252 1.10%

6104 0.58%

37393 0.75%

11336 0.27%

Buy on dips.

Positive (11061-11257)

Neutral (10921-11857)

Positive (12001)

11221 & 11061

11391 & 11567

10901



Technical Strategy4.Exports growth slides to 4-month low in April; trade deficit at 5-month

high. Also, sluggish macro data. India just posted the worst car sales

data in 8-Years.

Now let's looks at corporate news which are likely to command investors

attention:

• Bajaj Finance reports 57% jump in Q4 consolidated net profit at ₹1,176

crore. The results beats street estimates. Technically, the immediate

upside targets are at Rs. 3301.

• L&T further hikes stake in Mindtree to 26.48%. With its stake crossing

26%, L&T is in a position to demand a board representation in Mindtree.

• Commanding attention would be Tata Chemicals which transfers

consumer business to Tata Global Beverages. The transaction is

expected to be completed by the end of this fiscal. In yesterday's trade,

Tata Chemicals rose 8.29% and Tata Global Beverages rose 10.99%.

Meanwhile, Q4 earnings to trickle in today:

• Friday: CORPBANK, ARVIND, JUBILANT LIFESCIENCE, BAJAJ AUTO,

UPL, ENGINERSIN, POLYPLEX, IOC, CESC.

The near term direction will also depend on the:

A.Trend in USD/INR.

STOCKS TO WATCH:

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

DIVIS LAB, VOLTAS and NCC with inter-week perspective.

• BULLISH STOCKS: BATA, BEML, CENTURY TEXTILE,

CHOLAMANDALAM FINANCE, DCB BANK, DIVIS LAB, HAVELLS, HDFC

BANK, SRF, TITAN, SBI, DCB BANK, KOTAK BANK DEEPAK NITIRTE,

JINDAL STEEL & POWER, LIC HOUSING FIN, NCC, SBI, UPL.

• BEARISH STOCKS: GAIL, HINDUSTAN UNILEVER, MARUTI.

• SHOW ME THE MONEY: Option Trade: SELL NIFTY 23rd MAY PE

Strike Price 11000 at CMP 143. Maximum Profit: Rs. 10,725/-. Loss:

Unlimited. Stop: Exit Put option if Nifty moves below 11061. (Nifty May

Futures CMP 11285.25).

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

FII/DII & OPTIONS DATA:

• Thursday’s Provisional Data available on the NSE, FII’s sold shares

worth Rs. 953.33 crores in the Indian Equity Market. DIIs on the other

hand, bought shares worth Rs. 948 crores in the Indian Equity market.

BAJAJ HOLDING has enjoyed strong

sessions this week, up 3.48%.

Technically, brace yourselves for a major

breakout play on monthly charts. An

impulse uptrend is seen forming on the

daily time scale, with positive SAR series,

major confirmation above its all-time high

at 3800 mark.

Add to that a bullish divergence and a

rising stochastic signal (on weekly charts)

with recent increase in volumes signaling

a larger rebound. The 200 days

Exponential Moving Average (EMA) of the

stock on the daily chart is currently at

3030 zone. The level of Rs 3000-3100

zone will act as a strong support zone and

any corrective declines to these levels

should be used as an opportunity to

initiate aggressive long positions.

A potential entrance exists at CMP, as the

stock is likely to aim its all-time-high at

3800 and logical targets at its

psychological 4000 zone. Holding Period:

2 Months. Stops below 2951.

BAJAJ HOLDINGS

Action

Target

Support

Resistance

Holding Period

3167

ACCUMULATE

3921

2951/2815

3805/4201

60 Days



• As per option data, key resistance level for the May series for Nifty are at 11,500 strike price as maximum call open

interest of 14.59 lakh contract were seen at the 11,500 strike price followed 11,700 strikes. Key support level for the May

series is at 11,000 as Maximum Put open interest of 29.73 lakh contracts were seen at the 11,000 strike price.

GLOBAL CUES:

• At Wall Street, the three major indices ended on a positive note in Thursday's trade after reports that the Trump

administration was taking steps to ratchet down trade tensions with the European Union, Canada and Mexico.

MACRO CUES:

• Wholesale inflation eased to 3.07% in April, from a three-month high of 3.18 per cent in the previous month,

government data showed on Tuesday.

• Consumer inflation picked up to 2.92% in April as against 2.86% in the previous month. That meant the consumer

inflation - or the rate of increase in consumer prices - remained below the Reserve Bank of India's medium-term target of

4 per cent for the ninth month in a row. Retail inflation is determined by Consumer Price Index (CPI)..

COMMODITY CUES:

• GOLD ($1287): Support now seen 1271-1275 zone on closing basis. Major intermonth hurdles now seen at 1368.

Interweek Strategy: Sell between 1291-1293 zone, targeting 1271 and then at 1363-1365 zone with stop above 1303.

• WTI CRUDE-OIL (62.05): Key support now at 60.05 zone. Hurdles at 65.05. Interweek strategy: Establish buy positions

at CMP, targeting 65.05 zone and then at 67-67.50 zone with strict stop at 60.

• MCX COPPER (429): Interweek strategy: Establish long positions at CMP, targeting 447 zone and then aggressive

targets at 451-457 zone with stop at 419.

CURRENCIES & BONDS:

• In Thursday's trade, the Indian Rupee traded slightly higher, appreciating by 0.13 paise at 70.03.

Technically, USD/INR now faces major hurdles at 71.05. Some corrective declines likely towards 69.87. Interweek

Strategy: Aggressive traders can look to sell between 70.25-70.33 zone, targeting 69.87 and then 69.05. Stop 71.01.

• In Thursday's trade, the benchmarks witnessed a volatile and choppy session, but ended the session sharply higher

despite FIIs selling.

• Nifty continues to trade way above its 21 DMA & 200 DMA placed at 11569 & 11035 mark respectively.

• The market breadth, indicating the overall health of the market was slightly weak. The BSE Mid-Cap index rose 0.27%.

The BSE Small-Cap index too rose 0.25%.

WHAT TECHNICALS TELLS US ON NIFTY:



• Technically speaking, medium term supports on Nifty are placed at 11061 zone and then key supports at psychological

11000 mark.

• Intraday hurdles are at 11387 and then major hurdles seen at 11567 zone.

• The medium term price action for Nifty is suggesting that we are likely to see a 11000-11,751 range in

near term with neutral bias.

Nifty likely to have bright day!

• Preferred trade on Nifty (11257): Buy at CMP. Targets 11387/11519. Stop 11061.

• Preferred trade on Bank Nifty (28569): Buy at CMP. Targets 29379/29751. Stop 28131.

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 !


DCB BANK witnesses a probable 'Flag Pattern' breakout on daily charts. Immediate targets seen at 227.50. Interweek Strategy: Buy between 215-217.50 zone, targeting 227.50/231. Stop 213.

The sequence of higher high/low is still intact on weekly and monthly charts. Interweek Strategy: Buy between 1625-1633 zone. Targets 1675/1707. Stop 1601.

Oversold conditions prevail on daily charts. Key support seen at 707. Interweek Strategy: Buy at CMP, targeting 741/755/789. Stop 707.

NCC enjoyed a strong session in yesterday's trade, up 4.76%. Key intraday support at 89. Interweek Strategy: Buy between 92-93 zone, targeting 99 zone and then at 103-106 zone with stop below 89.

Momentum oscillators signaling strength. Key support seen at 309. Interweek Strategy: Buy between 313-315 zone, targeting 321/332.50. Stop 307.

Bring Out the Bulls: DCB BANK & SBI are our preferred bets on buy side.

DCB BANK

DIVIS LAB

HAVELLS

NCC

SBI

220 213 207 227.5 231 Positive

1644 1601 1551 1675 1707 Positive

725 707 693 755 789 Positive

94.55 89 85 99 106 Positive

316 309 301 321 332.5 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 KOTAK BANK MAY FUTURES at CMP 1417.30.

Targets at 1448 and then at 1474. Stop: 1383. Holding Period:

Intraday. Analyst’s Remark: Momentum Play (Kotak Bank May

Futures CMP 1417.30).

Option Call: SELL NIFTY 23rd MAY PE Strike Price 11100 at CMP

176.75. Maximum Profit: Rs. 13,256.25/-. Loss: Unlimited. Stop:

Exit Put option if Nifty moves below 11211. (Nifty May Futures CMP

11285.25).

11257.10 (+0.90%)

28855.30 (+0.83%)

28.37 (-1.00%)

+37 vs +08

1.54 crores (-1.55%)

12.97 lakhs (-13.20%)

2217.07 2578.13

30294.43 31916.73

1986219 1253355

296786 21151

842633 46366

29333630 1887585

539404 31118

31012453 1986219

Calls in lakhs (% Change)

11200 1.4 (+312%)

11300 1.28 (+142%)

11400 0.81 (+69%)

Puts in lakhs (% Change)

11000 2.36 (+125%)

11100 1.06 (+165%)

11200 3.58 (+158%)

Friday17th May, 2019

Market Summary:

• Nifty May Futures ended Thursday's session at a premium of +37

vs +08.

• The 23rd May expiry Put- Call Open Interest Ratio was at 0.65 for

Nifty whereas it was 0.67 for Bank Nifty.

• The 23rd May expiry Put-Call Volume Ratio was at 0.70 for the

Nifty and 0.80 for Bank Nifty.

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

Price, followed by 11500 Strike Price for 23rd May Series. Long

buildup was seen at strikes price 11200-11600.

• Maximum Put Open Interest (OI) was seen at strike price 11200

followed by 11000 strike price for 23rd May series. Short buildup

was seen at strike prices 10700-11200.

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

Strike Price and Maximum Put Open Interest stands at 28000

Strike Price.

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

shares worth Rs. 953.23 crores in the Indian Equity Market. DIIs

on the other hand, bought shares worth Rs. 948 crores in the

Indian Equity market.

• Long Buildup: TATAGLOBAL, INFY, L&T, TATACHEM, HAVELLS.

• Short Buildup: RBL BANK, GAIL, INDUSIND, LUPIN, YES BANK.

• Short Covering: DLF, TATA STEEL, ICICI BANK, ZEEL, IRB.

• Long Unwinding: BHARTI AIRTEL, PIDILITE, ICICPRU,

TATACOMM.

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

• New In Ban: JETAIRWAYS.

• Out of Ban: NIL.

• Q4 Results today: CORPBANK, ARVIND, JUBILANT LIFESCIENCE,

BAJAJ AUTO, UPL, ENGINERSIN, POLYPLEX, IOC, CESC.

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 Friday17th May, 2019

NIFTY 11275.55 11185.42 11095.28 11323.62 11371.68 11233.48 11038.11 UP

BANKNIFTY 28889.65 28627.53 28365.42 29049.68 29209.72 28787.57 27365.19 UP

NIFTYMID50 4608.85 4565.83 4522.82 4632.88 4656.92 4589.87 4831.94 DOWN

ACC 1587 1555.52 1524.03 1603.97 1620.93 1572.48 1509.87 UP

ADANIENT 118.5 114.5 110.5 121 123.5 117 147.11 DOWN

ADANIPORTS 372.25 364.17 356.08 377.17 382.08 369.08 362.28 UP

AJANTPHARM 1035.75 1020.47 1005.18 1051.52 1067.28 1036.23 1082.16 DOWN

ALBK 42.4 41.53 40.67 43.13 43.87 42.27 44.67 DOWN

AMARAJABAT 626 617.93 609.87 636.88 647.77 628.82 748.1 DOWN

ANDHRABANK 24 23.62 23.23 24.67 25.33 24.28 28.42 DOWN

APOLLOTYRE 176.75 174.58 172.42 178.33 179.92 176.17 225.87 DOWN

ARVIND 72.55 70.73 68.92 73.78 75.02 71.97 205.26 DOWN

ASHOKLEY 83.1 81.68 80.27 84.23 85.37 82.82 103.55 DOWN

ASIANPAINT 1311.95 1300.53 1289.12 1318.68 1325.42 1307.27 1368.55 DOWN

AUROPHARMA 724.85 701.2 677.55 738.6 752.35 714.95 743.18 DOWN

AXISBANK 733.55 723.17 712.78 739.47 745.38 729.08 656.54 UP

BAJAJ-AUTO 2943.05 2914.55 2886.05 2965 2986.95 2936.5 2771.8 UP

BAJAJFINSV 7663.15 7502.38 7341.62 7743.53 7823.92 7582.77 6466.28 UP

BAJFINANCE 3124 3046.5 2969 3165.25 3206.5 3087.75 2639.36 UP

BALKRISIND 785.55 775.1 764.65 798 810.45 787.55 995.33 DOWN

BALRAMCHIN 143.75 142.1 140.45 144.7 145.65 143.05 106.29 UP

BANKBARODA 109.75 106.9 104.05 111.5 113.25 108.65 118.93 DOWN

BANKINDIA 81.85 79.7 77.55 83.6 85.35 81.45 90.82 DOWN

BATAINDIA 1342 1322.43 1302.87 1356.23 1370.47 1336.67 1130.63 UP

BEL 89.05 87.25 85.45 90.25 91.45 88.45 91.54 DOWN

BEML 844 822.53 801.07 855.48 866.97 834.02 807.7 UP

BERGEPAINT 296.9 292.92 288.93 300.02 303.13 296.03 311.68 DOWN

BHARATFIN 843 834.58 826.17 853.88 864.77 845.47 1026.97 DOWN

BHARATFORG 451 444.9 438.8 457.45 463.9 451.35 546.06 DOWN

BHARTIARTL 323.75 318.77 313.78 331.02 338.28 326.03 301.66 UP

BHEL 62 60.77 59.53 62.97 63.93 61.73 70.15 DOWN

BIOCON 525 518.47 511.93 532.27 539.53 525.73 620.07 DOWN

BPCL 377 359.38 341.77 386.73 396.47 369.12 348.7 UP

BRITANNIA 2719 2685.53 2652.07 2744.73 2770.47 2711.27 4330.97 DOWN

BSOFT 83.55 81.17 78.78 84.92 86.28 82.53 190.07 DOWN

CANBK 243.6 240.18 236.77 245.93 248.27 242.52 257.99 DOWN

CANFINHOME 314 307.43 300.87 317.38 320.77 310.82 290.42 UP

CASTROLIND 142.5 140.45 138.4 143.65 144.8 141.6 154.52 DOWN

CEATLTD 949.8 934.87 919.93 965.37 980.93 950.43 1203.07 DOWN

CENTURYTEX 914.95 894.28 873.62 928.13 941.32 907.47 874.6 UP

CESC 677.9 655.13 632.37 689.38 700.87 666.62 769.83 DOWN

CGPOWER 35.8 34.7 33.6 36.95 38.1 35.85 43.2 DOWN

CHENNPETRO 210 205.48 200.97 213.68 217.37 209.17 267.58 DOWN

CHOLAFIN 1305 1277.43 1249.87 1321.68 1338.37 1294.12 1303.74 UP

CIPLA 549.15 541.23 533.32 556.88 564.62 548.97 570.04 DOWN

COALINDIA 232.9 229.4 225.9 236.55 240.2 233.05 252.52 DOWN

COLPAL 1120 1106.55 1093.1 1131.4 1142.8 1117.95 1199.67 DOWN

CONCOR 469.65 463.4 457.15 477.5 485.35 471.25 598.11 DOWN

CUMMINSIND 696.9 690.45 684 705.55 714.2 699.1 744.74 DOWN

DABUR 361 357.33 353.67 364.88 368.77 361.22 420.56 DOWN

DALMIABHA 2372.9 2253.3 2133.7 2518.25 2663.6 2398.65 2565.05 DOWN

DCBBANK 222.95 216.92 210.88 225.97 228.98 219.93 175.38 UP

DHFL 108 103.83 99.67 110.58 113.17 106.42 280.79 DOWN

DISHTV 29.2 27.58 25.97 30.13 31.07 28.52 44.92 DOWN

DIVISLAB 1636.2 1606.62 1577.03 1657.07 1677.93 1627.48 1474.87 UP

DLF 162.5 158.93 155.37 165.28 168.07 161.72 179.36 DOWN

DRREDDY 2810 2771.35 2732.7 2837.5 2865 2798.85 2583.13 UP

EICHERMOT 20318 19768.63 19219.27 20623.73 20929.47 20074.37 23077.25 DOWN

ENGINERSIN 106.95 105.32 103.68 108.02 109.08 106.38 118.16 DOWN

EQUITAS 127.95 126.07 124.18 129.52 131.08 127.63 126.37 UP

ESCORTS 563.1 548.4 533.7 571.4 579.7 556.7 719.53 DOWN

EXIDEIND 205.5 203.4 201.3 207.35 209.2 205.25 246.93 DOWN

FEDERALBNK 97.7 97 96.3 98.2 98.7 97.5 86.16 UP

FORTIS 128.3 127.38 126.47 129.03 129.77 128.12 139 DOWN

GAIL 330.2 326.47 322.73 334.17 338.13 330.43 352.17 DOWN

GLENMARK 576.15 564.15 552.15 591 605.85 579 632.73 DOWN

GMRINFRA 15.35 15.17 14.98 15.52 15.68 15.33 16.9 DOWN

GODREJCP 641 636.4 631.8 645 649 640.4 763.46 DOWN

GODREJIND 440.05 435.5 430.95 446.2 452.35 441.65 530.91 DOWN

GRANULES 107.8 106.15 104.5 110.25 112.7 108.6 100.56 UP

GRASIM 819.6 807.4 795.2 829.25 838.9 817.05 873.77 DOWN

GSFC 94.5 91.73 88.97 96.03 97.57 93.27 104.22 DOWN

HAVELLS 723.95 715.75 707.55 729.9 735.85 721.7 687.97 UP

HCC 12.35 11.42 10.48 12.92 13.48 11.98 12.89 DOWN

HCLTECH 1075 1060.55 1046.1 1084.95 1094.9 1070.5 1028.03 UP

HDFC 1945.15 1927.63 1910.12 1958.33 1971.52 1940.82 1911.76 UP

HDFCBANK 2312 2288.33 2264.67 2327.33 2342.67 2303.67 2113.76 UP

HDIL 20.35 19.97 19.58 20.87 21.38 20.48 24.23 DOWN

HEROMOTOCO 2550 2505 2460 2578 2606 2533 2907.05 DOWN

HEXAWARE 352.75 347.5 342.25 356.55 360.35 351.3 369.35 DOWN

HINDALCO 194 190.7 187.4 196.6 199.2 193.3 216.15 DOWN

HINDPETRO 283.05 268.37 253.68 291.37 299.68 276.68 248.25 UP

HINDUNILVR 1687.65 1673.23 1658.82 1701.03 1714.42 1686.62 1712.79 DOWN

HINDZINC 254.6 253.28 251.97 255.88 257.17 254.57 274.38 DOWN

IBREALEST 108.2 99.78 91.37 112.73 117.27 104.32 99.6 UP

IBULHSGFIN 711.3 694.1 676.9 721.75 732.2 704.55 871.85 DOWN

ICICIBANK 382.9 378.63 374.37 386.08 389.27 381.82 352.56 UP

ICICIPRULI 334.65 330.15 325.65 341.05 347.45 336.55 343.65 DOWN

ICIL 37.4 36.6 35.8 38.1 38.8 37.3 58.24 DOWN

IDBI 34.45 33.95 33.45 34.9 35.35 34.4 53.8 DOWN

IDEA 12.25 11.87 11.48 12.82 13.38 12.43 35.68 DOWN

IDFC 36.15 35.47 34.78 36.77 37.38 36.08 42.24 DOWN

IDFCFIRSTB 41.25 40.33 39.42 41.83 42.42 40.92 43.75 DOWN

IGL 298.4 295.03 291.67 302.48 306.57 299.12 279.78 UP

INDIACEM 95.2 92.5 89.8 96.95 98.7 94.25 98.98 DOWN

INDIANB 232.45 228.08 223.72 235.38 238.32 231.02 260.66 DOWN

INDIGO 1475 1425.47 1375.93 1552.27 1629.53 1502.73 1115.95 UP

INDUSINDBK 1358.9 1344 1329.1 1377.9 1396.9 1363 1650.37 DOWN

INFIBEAM 42.4 41.78 41.17 43.18 43.97 42.57 81.58 DOWN

INFRATEL 270 264.88 259.77 272.58 275.17 267.47 281.97 DOWN

INFY 732.65 722.17 711.68 740.07 747.48 729.58 708.82 UP

IOC 151.4 145.5 139.6 154.8 158.2 148.9 145.98 UP

IRB 117.1 110.75 104.4 120.45 123.8 114.1 150.09 DOWN

ITC 295.5 293.5 291.5 297.25 299 295.25 290.01 UP

JETAIRWAYS 126.1 123.03 119.97 131.43 136.77 128.37 247.06 DOWN

JINDALSTEL 157.85 154.6 151.35 160.15 162.45 156.9 174.13 DOWN

JISLJALEQS 49.2 48.25 47.3 49.95 50.7 49 66.59 DOWN

JPASSOCIAT 4.4 4.3 4.2 4.5 4.6 4.4 7.68 DOWN

JSWENERGY 66.7 65.67 64.63 68.22 69.73 67.18 67.74 DOWN

JSWSTEEL 275.5 270.18 264.87 279.13 282.77 273.82 318.3 DOWN

JUBLFOOD 1251 1229.82 1208.63 1264.47 1277.93 1243.28 1305.34 DOWN

JUSTDIAL 592.6 575.63 558.67 606.23 619.87 589.27 524.04 UP

KOTAKBANK 1415 1387.95 1360.9 1432.75 1450.5 1405.7 1253.69 UP

KSCL 443.25 437.53 431.82 447.98 452.72 442.27 529.75 DOWN

KTKBANK 111.65 110.48 109.32 112.83 114.02 111.67 114.82 DOWN

L&TFH 116.35 114.57 112.78 117.82 119.28 116.03 143.95 DOWN

LICHSGFIN 492 481 470 498.2 504.4 487.2 480.03 UP

LT 1344.1 1318.93 1293.77 1358.63 1373.17 1333.47 1334.75 UP

LUPIN 772.5 743.02 713.53 795.37 818.23 765.88 842.56 DOWN

M&M 607 598.58 590.17 614.03 621.07 605.62 763.08 DOWN

M&MFIN 370.9 365.62 360.33 376.82 382.73 371.53 429.71 DOWN

MANAPPURAM 123 117.37 111.73 125.82 128.63 120.18 98.91 UP

MARICO 352.35 348.7 345.05 356.4 360.45 352.75 352.18 UP

MARUTI 6478.95 6437.8 6396.65 6523.7 6568.45 6482.55 7527.13 DOWN

MCDOWELL-N 525.5 516 506.5 532 538.5 522.5 576.2 DOWN

MCX 827.5 812.68 797.87 836.63 845.77 821.82 757.76 UP

MGL 847 838.07 829.13 853.87 860.73 844.93 891.88 DOWN

MOTHERSUMI 118.25 115.2 112.15 121.85 125.45 118.8 168.06 DOWN

MRF 53950 53376.67 52803.33 54246.67 54543.33 53673.33 64153.39 DOWN

MRPL 62.55 61.73 60.92 63.63 64.72 62.82 73.87 DOWN

MUTHOOTFIN 578.55 569.48 560.42 584.23 589.92 575.17 489.98 UP

NATIONALUM 48.95 48.12 47.28 49.42 49.88 48.58 61.7 DOWN

NBCC 52.7 51.5 50.3 53.55 54.4 52.35 60.43 DOWN

NCC 94.9 91.65 88.4 96.7 98.5 93.45 89.42 UP

NMDC 90.2 89.47 88.73 91.47 92.73 90.73 102.75 DOWN

NTPC 125.4 123.65 121.9 126.75 128.1 125 148.89 DOWN

OFSS 3430 3398.9 3367.8 3462.25 3494.5 3431.15 3694.54 DOWN

OIL 175.25 174.52 173.78 176.27 177.28 175.53 189.21 DOWN

ONGC 166.5 163.37 160.23 168.27 170.03 165.13 156.42 UP

ORIENTBANK 89.7 88 86.3 91.1 92.5 89.4 87.15 UP

PCJEWELLER 107.3 103.62 99.93 111.72 116.13 108.03 82.34 UP

PEL 2048.05 2000.1 1952.15 2118 2187.95 2070.05 2429.92 DOWN

PETRONET 224.4 217.75 211.1 232.5 240.6 225.85 225.99 DOWN

PFC 109 106.6 104.2 110.8 112.6 108.4 98.26 UP

PIDILITIND 1160 1146.8 1133.6 1171.45 1182.9 1158.25 1124.35 UP

PNB 81.4 79.55 77.7 83.1 84.8 81.25 78.46 UP

POWERGRID 182 179.67 177.33 183.52 185.03 181.18 189.73 DOWN

PTC 67.05 66.52 65.98 67.97 68.88 67.43 78.93 DOWN

PVR 1751 1722.68 1694.37 1767.63 1784.27 1739.32 1474.19 UP

RAMCOCEM 739.9 724.55 709.2 748.7 757.5 733.35 658.11 UP

RAYMOND 789 775.67 762.33 797.67 806.33 784.33 775.31 UP

RBLBANK 634.7 623.5 612.3 647.65 660.6 636.45 585.17 UP

RCOM 2 2 2 2 2 2 10.93 DOWN

RECLTD 135.2 134.13 133.07 136.33 137.47 135.27 121.99 UP

RELCAPITAL 112.4 107.27 102.13 115.77 119.13 110.63 249.75 DOWN

RELIANCE 1269.3 1260.97 1252.63 1274.77 1280.23 1266.43 1210.21 UP

RELINFRA 107.3 103.42 99.53 109.32 111.33 105.43 274.23 DOWN

REPCOHOME 417 400.1 383.2 425.95 434.9 409.05 434.9 DOWN

SAIL 47.95 46.57 45.18 48.87 49.78 47.48 60.28 DOWN

SBIN 316.4 311.6 306.8 319.15 321.9 314.35 289.55 UP

SHREECEM 19427.6 18869.2 18310.8 19821.95 20216.3 19263.55 16969.83 UP

SIEMENS 1135 1095 1055 1155 1175 1115 1010.35 UP

SOUTHBANK 13.35 13.15 12.95 13.5 13.65 13.3 15.46 DOWN

SREINFRA 22.7 22.18 21.67 23.08 23.47 22.57 35.04 DOWN

SRF 2761.65 2718.6 2675.55 2797.35 2833.05 2754.3 2098.46 UP

SRTRANSFIN 1003.2 991.2 979.2 1021.1 1039 1009.1 1177.73 DOWN

STAR 417 409.25 401.5 424.15 431.3 416.4 452.6 DOWN

SUNPHARMA 412.15 387.6 363.05 428.15 444.15 403.6 506.81 DOWN

SUNTV 531.6 524.93 518.27 537.33 543.07 530.67 627.65 DOWN

SUZLON 5.2 5.03 4.87 5.38 5.57 5.22 6.09 DOWN

SYNDIBANK 32.5 31.95 31.4 33.2 33.9 32.65 36.98 DOWN

TATACHEM 602.3 567.58 532.87 622.48 642.67 587.77 657.46 DOWN

TATACOMM 540 534.27 528.53 548.47 556.93 542.73 537.53 UP

TATAELXSI 854.9 844.45 834 860.95 867 850.5 1062.54 DOWN

TATAGLOBAL 221.15 204.53 187.92 230.38 239.62 213.77 215.16 UP

TATAMOTORS 175.25 172.85 170.45 177.6 179.95 175.2 200.89 DOWN

TATAMTRDVR 82.85 81.62 80.38 84.17 85.48 82.93 105.66 DOWN

TATAPOWER 61.7 61.07 60.43 62.12 62.53 61.48 72.07 DOWN

TATASTEEL 468.5 458.67 448.83 474.82 481.13 464.98 535.07 DOWN

TCS 2116.8 2087.9 2059 2134.85 2152.9 2105.95 2002.14 UP

TECHM 790.05 782.68 775.32 796.08 802.12 788.72 738.74 UP

TITAN 1188.55 1167.33 1146.12 1202.38 1216.22 1181.17 957.02 UP

TV18BRDCST 26.7 26.15 25.6 27.3 27.9 26.75 37.3 DOWN

UBL 1359 1332.33 1305.67 1372.33 1385.67 1345.67 1322.88 UP

UJJIVAN 324 315.23 306.47 329.13 334.27 320.37 292.96 UP

ULTRACEMCO 4514 4382.33 4250.67 4585.33 4656.67 4453.67 3969.39 UP

UNIONBANK 70.1 68.87 67.63 71.67 73.23 70.43 81.22 DOWN

UPL 970.85 957.68 944.52 983.48 996.12 970.32 770.24 UP

VEDL 163.25 160.03 156.82 165.28 167.32 162.07 197.02 DOWN

VGUARD 203.85 201.93 200.02 205.83 207.82 203.92 204.69 DOWN

VOLTAS 558 551.52 545.03 563.17 568.33 556.68 565.88 DOWN

WIPRO 286.25 284.4 282.55 287.55 288.85 285.7 313.83 DOWN

WOCKPHARMA 364.2 354.93 345.67 376.53 388.87 367.27 500.97 DOWN

YESBANK 138.05 133.17 128.28 144.42 150.78 139.53 240.18 DOWN

ZEEL 351 328.83 306.67 362.43 373.87 340.27 449.71 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. Interweek strategy: Sell between 32100-32251 zone, targeting 32101 and then at 31445-31551 zone with stop at 32701.

Hurdles now at 38251 mark. Interweek strategy: Sell between 37201-37501 zone, targeting 36001 and then at 35251 mark with stop at 38101.

Interweek strategy: Buy between 4201-4251 zone, targeting 4501 mark and then aggressive targets at 4651-4692 zone with stop at 4098.

Interweek strategy: Establish long positions at CMP, targeting 447 zone and then aggressive targets at 451-457 zone with stop at 419.

Natural Gas prices seen at oversold conditions. Support now seen at 171-175 zone. Interweek strategy: Establish long positions at CMP, targeting 205 and then at 221-225 zone with stop at 163.

Technically, USD/INR now faces major hurdles at 71.05. Some corrective declines likely towards 69.87. Interweek Strategy: Aggressive traders can look to sell between 70.25-70.33 zone, targeting 69.87 and then 69.05. Stop 71.01.

31928 32001 31101 32701 33145 Negative

36883 36001 35545 37991 38251 Negative

4444 4101 3925 4501 4692 Positive

430 431 420 457 477 Positive

185.00 171.00 163.00 187.00 225.00 Neutral

70.03 69.87 69.05 71.05 72.50 Neutral

MCX CRUDE-OIL: Buy on any early dips. Targets seen at 4501 and then at 4692 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 is Mr. Bright; Dow likely to rise towards 26001 and then finally 27100 mark.

1285 1271 1263 1299 1313 Negative

14.54 14.45 13.05 15.65 16.09 Negative

63.34 60.05 57.5 65.05 67.5 Positive

1.1790 1.1023 1.0945 1.1311 1.1545 Neutral

97.80 95.00 92.75 100.00 102.50 Positive

25692 25001 24211 26001 27100 Positive

Support now seen 1271-1275 zone on closing basis. Major intermonth hurdles now seen at 1368. Interweek Strategy: Sell between 1291-1293 zone, targeting 1271 and then at 1363-1365 zone with stop above 1303.

Hurdles now seen at 16.09. Confirmation of major strength only above 15.65. Interweek Strategy: Sell between 1491-15.01 zone, targeting 14.45 zone and then at 13.05-13.25 zone with stop above 15.65.

Key support now at 60.05 zone. Hurdles at 65.05. Interweek strategy: Establish buy positions at CMP, targeting 65.05 zone and then at 67-67.50 zone with strict stop at 60.

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 100. Downside well supported at 95. Establish long positions at CMP, targeting 100 and then at 102.50 with stop at 95. Positive bias.

Wall Street rose modestly in Thursday's session amidst strong earnings, and most importantly despite escalation in U.S.-China trade tensions. Hurdles for Dow Jones at 26001 mark.

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

150.75 149.6 148.45 151.55 152.35 142.01 150.9 DOWN

2616.6 2519.8 2423 2665 2713.4 1488.36 2326 DOWN

5650 5634.67 5619.33 5670.67 5691.33 5165.58 5748 UP

4490 4480 4470 4500 4510 4247.33 4440 DOWN

428.8 426 423.2 430.6 432.4 436.33 438.8 UP

20980 20796.67 20613.33 21106.67 21233.33 21859.9 21670 DOWN

4366 4306.67 4247.33 4404.67 4443.33 4302.56 4468 DOWN

32259 32133 32007 32402 32545 31473.12 31612 UP

8861 8814.67 8768.33 8898.67 8936.33 8980.17 8950 UP

4403.5 4341.33 4279.17 4474.33 4545.17 4336.02 4441 DOWN

17545 17410 17275 17640 17735 17982.63 16990 DOWN

127.35 126.45 125.55 127.95 128.55 142.38 130.65 UP

1373.1 1359.73 1346.37 1384.73 1396.37 1627.43 1433 DOWN

184.1 181.97 179.83 187.27 190.43 221.76 177.05 DOWN

856.7 845.27 833.83 863.07 869.43 872.17 804.6 UP

3879 3872 3865 3884 3889 3985.35 3846 UP

37517 37388.67 37260.33 37667.67 37818.33 38125.14 37894 UP

3050 3050 3050 3050 3050 3614.83 3015 DOWN

3772 3757.33 3742.67 3789.33 3806.67 3488.88 3651 UP

217 214.27 211.53 218.47 219.93 191.01 220.6 UP

Friday17th May, 2019

CORPORATE OFFICE

Quantum Global Securities Ltd.

2nd Floor, Thakur House, Ashok Nagar,

Kandivali East, Mumbai 400 101

Tel: +91 (22) 4610 6600 / 55, 4543 1600

Email: [email protected]

DISCLAIMER: This is solely for information of clients of Quantum Global Securities Ltd. and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Quantum Global Securities Ltd., its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but Quantum Global Securities Ltd. or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this recommendation or any action taken on basis of this information.

Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Quantum Global Securities Ltd. Ltd. in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Quantum Global Securities Ltd. has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Quantum Global Securities Ltd. makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment.

POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report)Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock / Instrument (s): - No.


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