we innovate. we are creative.quantumglobal.in/wp-content/uploads/2019/07/quantum_global_dail… ·...

Disclosures and Disclaimer : This report must be read with the disclosures in the Disclosure appendix, and with the Disclaimer, which forms part of it. This document does not contain any investment views or opinions.

WE ARE CREATIVE.

WE ARE INSPIRED.

WE ARE DETERMINED.

WE INNOVATE.

WE ARE PASSIONATE.

WE LOVE TO EXCEL.

OUR VISION.

WE DREAM BIG.Daily Research Reports

Welcome to Quantum Global works!!

The world out there is uncertain. On this backdrop, the market volatility is bound to increase. Believe us, even the

big investors’ sentiment will oscillate—and that is why it is important for us to safely navigate these difficult

times.

To do so, Quantum Global brings you this daily market commentary which will help you to sharpen your instincts

on investments in equity markets, gold, silver, crude-oil, USD/INR, the Dow Jones index, Hang Seng index, Euro-

Dollar, etc. On the next few pages, you can learn more about the same. We would love to answer any further

questions you may have in a one-one discussion.

We are pleased to inform you that this report features contributions from the finest analytical minds in the

business and are distinguished by our proactive consulting approach, timely advice, and specific

recommendations. We take satisfaction in seeing clients realize their dreams.

The Quantum Global team would like to take this opportunity to thank our readers for their support and feedback

over the years. We hope you enjoyed reading this daily newsletter. Above all, we wish that this experience is both

professionally and personally rewarding.

If you have any queries please do contact me or any member of Quantum Global team and we would be glad to

assist.

Best Regards,

Team Quantum Global

Welcome NoteFriday

19th July, 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 19th July 2019.

SGX Nifty is seen holding ground this Friday morning on backdrop of

comments from Finance minister Nirmala Sitharaman that foreign

investors could register as companies to get tax relief.

Our call of the day suggests caution will continue to be the

buzzword at Dalal Street. The street will struggle for direction as

sentiments are dented amidst lack of progress in the Beijing-

Washington tariff dispute — which remains a headache. Also

keeping upside capped will be the reports that the U.S. shot down

an Iranian drone it said was threatening a warship in the Strait of

Hormuz.

FIIs were again net sellers in Thursday's trade to the tune of

1404.86 crores.

The make-or-break support for Nifty seen at 11,471 mark.

Aggressive buying advised only above 11,707 mark.

But the good news for the bulls camp is that Oil prices have slipped

on backdrop of profit booking to $56 a barrel.

Meanwhile, commanding attention would be Q1 results of Reliance

Industries. The big question on investors mind would be: Will RIL

disappoint D-Street this quarter amidst a tough macro environment

for both refining and petchem segments?

Well, the street is expecting a muted growth, but that said

Reliance's telecom arm Jio may drive performance. Technically, the

stock appears weak with downside targets at 1227.

Now here are other key Q1 results to trickle in on this Friday:

RBL Bank, Dabur India, L&T Finance Holdings, InterGlobe Aviation,

Bandhan Bank, L&T Technology Services, ICICI Lombard General

Insurance Company, Hindustan Zinc, JM Financial, Phillips Carbon

Black.

Now lets analyze Q1 results which trickled in yesterday:

• ACC Q2: Profit grows 39.5 percent to Rs 455.7 crore versus Rs

326.7 crore, revenue increases 7.8 percent to Rs 4,149.8 crore

11597 -0.78%

30431 -0.99%

7439 -2.70%

29554 -0.20%

3194 -1.45%

15498 -1.13%

2072 0.23%

4620 -2.36%

2779 -2.46%

8223 -1.29%

282 -1.52%

5961 -1.07%

38897 -0.81%

11601 -0.01%

Consolidation day likely.

Neutral (11537-11637)

Neutral (11191-12105)

Positive (12501)

11621 & 11521

11737 & 11839

11287



Technical Strategyversus Rs 3,848.3 crore YoY. Technically support for ACC seen

at 1451 zone.

• Rallis India Q1: Consolidated profit jumps to Rs 67.76 crore

versus Rs 54.74 crore; revenue rises to Rs 623.24 crore versus

Rs 573.11 crore YoY. We have a positive bias on RALLIES India

with long term perspective.

No traction seen for the bulls camp this Friday morning especilay

after yesterday's steep fall. There is again a possibility that the

benchmarks in today's session could wobble. We say so because:

• Elusive Trade Deal: Comments from President Donald Trump

on the lack of progress between Beijing and Washington in the

long-running dispute over trade and import tariffs.

• Foreign portfolio investors have pulled out Rs 4,120 crore in

the month of July till date, the highest outflow markets have

seen in 2019.

STOCKS TO WATCH:

• Our chart of the day suggests establishing short position in

stocks like UNION BANK OF INDIA, BANK OF INDIA and PEL

with interweek perspective.

• BULLISH STOCKS: APOLLO HOSPITALS, MCX, ULTRATECH,

NESTLE

• BEARISH STOCKS: APOLLO TYRES, MOTHERSON SUMI,

EICHER MOTORS, PAGE INDUSTRIES, CANARA BANK, IDBI,

IDEA, IDFC, INDUSIND BANK, LIC HOUSING FINANCE.

MUTHOOTH FINANCE, RELIANCE INDUSTRIES, PNB,

VEDANTA

• SHOW ME THE MONEY: Option Trade: BUY BIOCON 25th

July CE Strike Price 270 at CMP 1.60. Maximum Profit:

Outlook for Friday: Consolidation day likely.

The street will spy with one big eye on the Q1

results of RIL which is likely to trickle in today.

Technically, Reliance Industries' stock price

pattern appears weak at current levels.

The momentum oscillators are in sell mode

signaling further sharp down move. The stock

price is signaling a break down from a probable

lower consolidation zone on daily charts with a

probable resistance at psychological 1300 mark.

The stock is witnessing selling pressure after

consolidating between 1250-1311 zone for past

4-weeks. Major weakness on cards below its

intermediate May 2019 low at 1227.50.

Also the recent sequence of lower highs / lows is

intact in the daily and intraday charts with a

probable reverse flag breakdown on weekly

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 1229 zone

and this level shall act as strong support.

Establishing short positions between 1272-1285

zone should be the preferred trading strategy,

targeting May 2019 lows at 1227. Stop above

1311. Holding Period: 5 Days.

RELIANCE INDUSTRIES (RIL)

Action

Target

Support

Resistance

Holding Period

1261

AVOID

1227

1227/1171

1283/1305

21 Days



Unlimited. Maximum Loss: Rs. 2880. Stop: Exit CALL option if BIOCON moves below 241. (BIOCON July

Futures CMP 262.70).

• Stocks banned in F&O segment for today: DHFL, IDBI, RELCAP, RELINFRA, TATAELXSI.

FII/DII & OPTIONS DATA:

• As per Thursday’s Provisional Data available on the NSE, FII’s sold shares worth Rs. 1404.86 crores in the

Indian Equity Market. DIIs on the other hand, bought shares worth Rs. 329.05 crores in the Indian Equity

market.

• Derivative data suggests that Maximum Call open interest (OI) of 34.72 lakh contracts were seen at the

12,000 strike price. It will act as a crucial resistance level for the July series. while Maximum Put open

interest of 26.05 lakh contracts were seen at 11,300 strike price. This 11,300 mark on Nifty will act as a

crucial support level for the July series.

GLOBAL CUES:

Overnight at Wall Street, all three benchmarks ended with minor gains on after data published by the

Philadelphia Fed showed that manufacturing activity rebounded strongly this month.

The positive takeaway was that benchmarks rebounded after spending most of the session in the red on

concerns about tepid earnings and ongoing trade tensions with China. New York Federal Reserve President

John Williams said the central bank’s wisest strategy is to cut interest rates at the first sign of economic

distress when interest rates are already low.

ECONOMIC CUES:

• Amidst trade tensions, India's June exports falls 9.7% to $25 billion.

• Wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02%

in June.

• Retail inflation rose to 3.18% in the month of June 2019, reaching an eight-month high.

• India's industrial output softened to 3.1% month-on-month (MoM) in May from 3.4% in April.

• Slowing rural and tier 2/3 urban cities consumption growth reflected in falling two wheeler and car sales

since August 2018.



COMMODITY NEWS:

• In Thursday's trade, Crude-oil prices slipped to $55 mark as U.S. government data revealed that

domestic crude supplies fell for a fifth straight week. Technically, confirmation of strength only above key

hurdles now at 58.05 zone. Key support seen at 52.50. Interweek strategy: Establish buy positions only

on dips between 52.50-53 zone, targeting 58.05 with strict stop at 52.05.

It’s tough wearing the bear suit.

• Preferred trade on Nifty (11597): Buy only above 11707. Targets at 11839/12105. Stop 11471.

• Preferred trade on Bank Nifty (30430): Buy above 30870. Targets at 31227/31775. Stop 30120.

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 !


ASHOK LEYLAND has been a major underperfomer in last 1 year. Negative bias as long as 91 resistance is held. Interweek Strategy: Sell between 82.50-83 zone, targeting 80 and then at 77.75-78 zone and then at 71 with stop above 86.45.

BANK OF INDIA ended on a negative note in yesterday's trade, down 3.24%. Key intraday hurdles seen at 87. Interweek Strategy: Sell between 83-85 zone, targeting 78.502 and then at 73-75 zone. Stop 88.05.

The recent sequence of lower high/low is intact on daily chart. Negative bias as long as 20363 resistance is held. Interweek Strategy: Sell at CMP, targeting 18205 and then at 14801-15101 zone with stop above 19363.

Momentum oscillators signaling weakness. Major weakness below 1903. Interweek Strategy: Sell between 2000-2011 zone, targeting 1903 and then at 1857-1875 zone. Stop above 2051.

The recent sequence of lower high/low is intact on monthly chart. Negative bias as long as 82.50 resistance is held. Interweek Strategy: Sell at CMP, targeting 69 and then at 61-63 zone with stop above 79.05.

The Clouds Are Getting Darker! PEL Preferred Bet On Sell Side!

ASHOK LEYLAND

BANK OF INDIA

EICHER MOTORS

PEL

UNION BANK OF INDIA

81.45 77.5 71 85.05 91 Negative

82.15 78.5 73 87 90.5 Negative

18406 18205 14801 19125 20363 Negative

1991 1903 1857 2047 2101 Negative

74.95 69 61 78.5 82.5 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 VEDL JULY FUTURES at CMP 163.55. Targets at

161 and then at 156. Stop: 168. Holding Period: Intraday. Analyst’s

Remark: Breaking Down. (VEDL July Futures CMP 163.55).

Option Call: BUY NIFTY 25th July PE Strike Price 11500 at CMP 28.

Profit: Unlimited. Maximum Loss: Rs. 2,100/-. Stop: Exit Put option

if Nifty moves above 11721. (Nifty July Futures CMP 11604.35).

11596.90 (-0.78%)

30430.60 (-0.99%)

11.75 (-0.42%)

+07 vs -12

1.56 crores (-0.33%)

16.68 lakhs (+0.67%)

2314.06 2002.44

33623.22 29361.25

1947253.75 1019816.2

232549 17292.26

888659 52526.55

27095536 1819188.63

1006229 58246.31

29222973 1947253.75

Calls in lakhs (% Change)

11600 17.67 (+44%)

11700 30.08(+76%)

11900 18.2 (+16%)

Puts in lakhs (% Change)

11550 6.83 (+114%)

11600 25.54 (+1.14%)

11650 4.17 (+30%)

Friday19th July, 2019

Market Summary:

• Nifty July Futures ended Thursday's session at a premium of +07

vs discount of -12.

• The 25th July expiry Put-Call Open Interest Ratio was at 0.93 for

Nifty whereas it was 0.69 for Bank Nifty.

• The 25th July expiry Put-Call Volume Ratio was at 0.90 for the

Nifty and 0.95 for Bank Nifty.

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

Price, followed by 11700 Strike Price for 25th July Series. Short

Buildup was seen at strikes price 11600-12000.

• Maximum Put Open Interest (OI) was seen at strike price 11300

followed by 11600 strike price for 25th July series. Long Buildup

was seen at strike prices 11400-11600.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 31000

Strike Price and Maximum Put Open Interest stands at 30000

Strike Price.

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

shares worth Rs. 1404.86 crores in the Indian Equity Market. DIIs

on the other hand, bought shares worth Rs. 329.05 crores in the

Indian Equity market.

• Long Buildup: HDFC, WIPRO, COLPAL.

• Short Buildup: YESBANK, ONGC, COALINDIA, AXISBANK, VEDL.

• Short Covering: HDFCBANK, KOTAKBANK, UBL, EICHER.

• Long Unwinding: DLF, SBIN, NBCC, UPL, IBULHSGFIN.

• Stocks banned in F&O segment: DHFL, IDBI, RELCAP,

RELINFRA, TATAELXSI.

• 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 11600.85 11563.12 11525.38 11657.87 11714.88 11123.58 11620.13 DOWN

BANKNIFTY 30459.85 30302.52 30145.18 30693.27 30926.68 28125.91 30535.93 DOWN

NIFTYIT 15506.4 15428.68 15350.97 15610.48 15714.57 15353.85 15532.77 DOWN

ACC 1571.95 1551.67 1531.38 1600.72 1629.48 1519.48 1580.43 DOWN

ADANIENT 134.15 132.35 130.55 136.95 139.75 145.98 135.15 DOWN

ADANIPORTS 413.9 410 406.1 418.55 423.2 369.11 414.65 DOWN

ADANIPOWER 62.45 60.63 58.82 65.08 67.72 47.1 63.27 DOWN

AMARAJABAT 639.2 632.57 625.93 649.42 659.63 706.22 642.78 DOWN

AMBUJACEM 217.3 214.53 211.77 220.63 223.97 216.66 217.87 DOWN

APOLLOHOSP 1390 1370.07 1350.13 1404.97 1419.93 1225.78 1385.03 UP

APOLLOTYRE 179.4 176.42 173.43 184.37 189.33 210.99 181.38 DOWN

ARVIND 59.7 58.9 58.1 61 62.3 132.6 60.2 DOWN

ASHOKLEY 81.6 79.95 78.3 84.35 87.1 95.53 82.7 DOWN

ASIANPAINT 1386.5 1377.35 1368.2 1395.5 1404.5 1368.56 1386.35 UP

AUROPHARMA 568.25 560.92 553.58 576.77 585.28 732.45 569.43 DOWN

AXISBANK 742.75 733.23 723.72 753.63 764.52 696.36 744.12 DOWN

BAJAJ-AUTO 2625.9 2594.05 2562.2 2684.8 2743.7 2807.7 2652.95 DOWN

BAJAJFINSV 7848 7802.7 7757.4 7900.6 7953.2 6770.08 7855.3 DOWN

BAJFINANCE 3458.1 3428.07 3398.03 3504.07 3550.03 2813.4 3474.03 DOWN

BALKRISIND 751.25 742.85 734.45 762.8 774.35 891.95 754.4 DOWN

BANKBARODA 121.3 119.12 116.93 125.42 129.53 115.36 123.23 DOWN

BANKINDIA 82.3 80.77 79.23 84.67 87.03 89.96 83.13 DOWN

BATAINDIA 1343.9 1330.97 1318.03 1357.92 1371.93 1217.87 1344.98 DOWN

BEL 96.7 93.77 90.83 101.77 106.83 92.11 98.83 DOWN

BERGEPAINT 314.5 312.1 309.7 316.8 319.1 311.16 314.4 UP

BHARATFORG 440 431.33 422.67 455.73 471.47 506.04 447.07 DOWN

BHARTIARTL 342.5 337 331.5 349.6 356.7 304.28 344.1 DOWN

BHEL 64 63.5 63 64.5 65 68.82 64 UP

BIOCON 263.4 260.77 258.13 265.77 268.13 299.55 263.13 UP

BOSCHLTD 15570 15387.33 15204.67 15877.33 16184.67 18258.98 15694.67 DOWN

BPCL 349.1 346.18 343.27 353.68 358.27 350.55 350.77 DOWN

BRITANNIA 2817.3 2788.57 2759.83 2845.02 2872.73 3555.48 2816.28 UP

BSOFT 75.35 73.97 72.58 76.97 78.58 144.15 75.58 DOWN

CADILAHC 231.6 226.15 220.7 239.9 248.2 319.41 234.45 DOWN

CANBK 267.75 263.12 258.48 276.52 285.28 257.99 271.88 DOWN

CASTROLIND 129.9 128.7 127.5 132.1 134.3 150.04 130.9 DOWN

CENTURYTEX 936 923.38 910.77 954.83 973.67 885.43 942.22 DOWN

CESC 776.1 772.27 768.43 783.07 790.03 727.11 779.23 DOWN

CHOLAFIN 270.25 264.35 258.45 276.75 283.25 261.29 270.85 DOWN

CIPLA 546 541.33 536.67 554.83 563.67 550.23 550.17 DOWN

COALINDIA 219.95 216 212.05 227.4 234.85 245.96 223.45 DOWN

COLPAL 1203.05 1163.57 1124.08 1232.12 1261.18 1204.27 1192.63 UP

CONCOR 538.05 531.72 525.38 548.67 559.28 575.45 542.33 DOWN

CUMMINSIND 741.4 733.33 725.27 752.68 763.97 754.61 744.62 DOWN

DABUR 428.8 425.22 421.63 433.82 438.83 411.34 430.23 DOWN

DHFL 55.8 53.37 50.93 58.42 61.03 165 55.98 DOWN

DISHTV 34.2 32.93 31.67 35.13 36.07 36.42 33.87 UP

DIVISLAB 1645.05 1633.23 1621.42 1659.18 1673.32 1557.28 1647.37 DOWN

DLF 183.9 180.52 177.13 189.32 194.73 176.14 185.93 DOWN

DRREDDY 2647 2624.72 2602.43 2674.57 2702.13 2637.84 2652.28 DOWN

EICHERMOT 18451.05 18340.3 18229.55 18571.5 18691.95 21238.13 18460.75 DOWN

ENGINERSIN 105.25 103.63 102.02 108.03 110.82 115.7 106.42 DOWN

EQUITAS 123.4 120.8 118.2 127.5 131.6 122.98 124.9 DOWN

ESCORTS 529 522.75 516.5 539.5 550 659.45 533.25 DOWN

EXIDEIND 201 197.98 194.97 205.08 209.17 231.12 202.07 DOWN

FEDERALBNK 99 97.42 95.83 101.97 104.93 91.22 100.38 DOWN

GAIL 141.7 140.4 139.1 143.6 145.5 165.49 142.3 DOWN

GLENMARK 439.7 435.8 431.9 446.05 452.4 605.3 442.15 DOWN

GMRINFRA 14.9 14.68 14.47 15.13 15.37 16.2 14.92 DOWN

GODREJCP 644.05 638.07 632.08 650.97 657.88 708.49 644.98 DOWN

GRASIM 906.5 899.15 891.8 920.15 933.8 846.07 912.8 DOWN

HAVELLS 716.35 708.1 699.85 729.45 742.55 709.98 721.2 DOWN

HCLTECH 1020.25 1011.83 1003.42 1032.83 1045.42 1037.54 1024.42 DOWN

HDFC 2338 2296.42 2254.83 2368.72 2399.43 1970.5 2327.13 UP

HDFCBANK 2414.8 2401.47 2388.13 2428.57 2442.33 2189.08 2415.23 DOWN

HEROMOTOCO 2485.7 2449.9 2414.1 2538.25 2590.8 2777.88 2502.45 DOWN

HEXAWARE 360.05 351.57 343.08 367.47 374.88 347.83 358.98 UP

HINDALCO 200 198.6 197.2 202.15 204.3 210.34 200.75 DOWN

HINDPETRO 291 288.33 285.67 295.98 300.97 254.97 293.32 DOWN

HINDUNILVR 1737.75 1709.17 1680.58 1766.17 1794.58 1731.01 1737.58 UP

HINDZINC 225.1 222.82 220.53 228.97 232.83 263.79 226.68 DOWN

IBULHSGFIN 658.05 646.63 635.22 673.83 689.62 750.7 662.42 DOWN

ICICIBANK 418.4 415.43 412.47 423.43 428.47 375.66 420.47 DOWN

ICICIPRULI 383.9 380.13 376.37 390.03 396.17 341.67 386.27 DOWN

IDBI 34.45 34.15 33.85 34.9 35.35 48.55 34.6 DOWN

IDEA 11.3 11.02 10.73 11.77 12.23 27.18 11.48 DOWN

IDFCFIRSTB 41.8 41.27 40.73 42.67 43.53 43.72 42.13 DOWN

IGL 319.35 316.93 314.52 321.83 324.32 287.92 319.42 DOWN

INDIGO 1460 1442.97 1425.93 1479.67 1499.33 1247.09 1462.63 DOWN

INDUSINDBK 1474 1460.57 1447.13 1495.22 1516.43 1559 1481.78 DOWN

INFRATEL 263.25 261.58 259.92 264.83 266.42 279.21 263.17 UP

INFY 792 785.97 779.93 798.27 804.53 713.24 792.23 DOWN

IOC 147.45 145.48 143.52 149.13 150.82 145.32 147.17 UP

ITC 272.9 271.77 270.63 274.57 276.23 284.82 273.43 DOWN

JINDALSTEL 142.5 140.3 138.1 144.95 147.4 161.03 142.75 DOWN

JSWSTEEL 266.5 264.02 261.53 269.87 273.23 298.56 267.38 DOWN

JUBLFOOD 1246 1227 1208 1268 1290 1269.14 1249 DOWN

JUSTDIAL 767.15 753.32 739.48 774.67 782.18 567.28 760.83 UP

KAJARIACER 536.5 525.72 514.93 551.22 565.93 521.86 540.43 DOWN

KOTAKBANK 1537.5 1528.05 1518.6 1545.1 1552.7 1304.27 1535.65 UP

L&TFH 117.3 115.32 113.33 120.77 124.23 133.16 118.78 DOWN

LICHSGFIN 532.15 526.1 520.05 544.1 556.05 486.36 538.05 DOWN

LT 1433 1425.02 1417.03 1447.97 1462.93 1378.93 1439.98 DOWN

LUPIN 755.7 747.27 738.83 769.57 783.43 813.22 761.13 DOWN

M&M 598.5 590.18 581.87 611.63 624.77 697.25 603.32 DOWN

M&MFIN 376.2 372.92 369.63 382.17 388.13 414.05 378.88 DOWN

MANAPPURAM 129.25 127.35 125.45 132.4 135.55 106.69 130.5 DOWN

MARICO 369.7 368.18 366.67 372.18 374.67 354.82 370.67 DOWN

MARUTI 5874.25 5802.6 5730.95 6000.8 6127.35 6993.12 5929.15 DOWN

MCDOWELL-N 602.85 594.73 586.62 610.23 617.62 568.25 602.12 UP

MCX 871 848.93 826.87 885.43 899.87 757.77 863.37 UP

MFSL 425 418.47 411.93 431.92 438.83 418.58 425.38 DOWN

MGL 791.8 786.7 781.6 799.45 807.1 884.61 794.35 DOWN

MINDTREE 691 665.88 640.77 721.18 751.37 908.52 696.07 DOWN

MOTHERSUMI 116.65 115.1 113.55 118.25 119.85 147.82 116.7 DOWN

MRF 55900 55453.12 55006.23 56299.82 56699.63 60168.33 55852.93 UP

MUTHOOTFIN 627.3 622.02 616.73 633.82 640.33 535.75 628.53 DOWN

NATIONALUM 46.5 46.08 45.67 47.18 47.87 57.41 46.77 DOWN

NBCC 52.1 51.22 50.33 53.62 55.13 57.81 52.73 DOWN

NCC 80.6 79.57 78.53 82.37 84.13 90.54 81.33 DOWN

NESTLEIND 11650 11547.13 11444.27 11748.23 11846.47 10790.06 11645.37 UP

NIITTECH 1342 1336.3 1330.6 1349.1 1356.2 1245.17 1343.4 DOWN

NMDC 114.3 113.07 111.83 115.87 117.43 102.27 114.63 DOWN

NTPC 127.1 125.35 123.6 129.9 132.7 142.45 128.15 DOWN

OFSS 3359.7 3314.18 3268.67 3396.23 3432.77 3531.73 3350.72 UP

OIL 163.55 160.12 156.68 169.62 175.68 182.17 166.18 DOWN

ONGC 143.4 140.7 138 148.45 153.5 155.45 145.75 DOWN

PAGEIND 20650 20343.33 20036.67 20853.33 21056.67 24012.86 20546.67 UP

PEL 1981.45 1962.27 1943.08 2019.72 2057.98 2253.51 2000.53 DOWN

PETRONET 243.8 240.68 237.57 248.98 254.17 228.63 245.87 DOWN

PFC 120.85 118.27 115.68 124.47 128.08 107.93 121.88 DOWN

PIDILITIND 1226 1216.3 1206.6 1235.6 1245.2 1148.26 1225.9 UP

PNB 73.45 72.02 70.58 75.32 77.18 77.83 73.88 DOWN

POWERGRID 205.75 204.2 202.65 208.1 210.45 191.34 206.55 DOWN

PVR 1744.5 1732.52 1720.53 1764.62 1784.73 1569.41 1752.63 DOWN

RAMCOCEM 770 764.65 759.3 779.65 789.3 684.47 774.3 DOWN

RAYMOND 695.95 689.85 683.75 704.2 712.45 769.16 698.1 DOWN

RBLBANK 578.4 570.12 561.83 591.97 605.53 598.67 583.68 DOWN

RECLTD 147.45 143.3 139.15 152.6 157.75 130.95 148.45 DOWN

RELCAPITAL 52.8 51.7 50.6 54.3 55.8 176.44 53.2 DOWN

RELIANCE 1265.95 1253.83 1241.72 1282.23 1298.52 1229.01 1270.12 DOWN

RELINFRA 47.9 46.53 45.17 50.03 52.17 198.09 48.67 DOWN

SAIL 45.55 44.95 44.35 46.65 47.75 54.26 46.05 DOWN

SBIN 364.5 360.1 355.7 371.35 378.2 302.77 366.95 DOWN

SHREECEM 21417.6 21278.2 21138.8 21628.5 21839.4 17741.3 21489.1 DOWN

SIEMENS 1207 1195.4 1183.8 1224.3 1241.6 1067.63 1212.7 DOWN

SRF 2651.1 2606.15 2561.2 2725.5 2799.9 2322.63 2680.55 DOWN

SRTRANSFIN 1046.15 1033.83 1021.52 1070.23 1094.32 1129.79 1057.92 DOWN

STAR 362.25 358.93 355.62 367.78 373.32 444.32 364.47 DOWN

SUNPHARMA 425.45 422.43 419.42 430.68 435.92 460.58 427.67 DOWN

SUNTV 466 459.5 453 477.6 489.2 576.05 471.1 DOWN

TATACHEM 603.5 596.57 589.63 613.22 622.93 636.82 606.28 DOWN

TATAELXSI 723.1 713.65 704.2 741.25 759.4 945.35 731.8 DOWN

TATAGLOBAL 255 253.25 251.5 257.75 260.5 219.07 256 DOWN

TATAMOTORS 161 158.25 155.5 165.5 170 180.54 162.75 DOWN

TATAMTRDVR 76.65 75.35 74.05 79.1 81.55 92.49 77.8 DOWN

TATAPOWER 66.15 64.83 63.52 68.73 71.32 70.96 67.42 DOWN

TATASTEEL 468.4 463.05 457.7 474.55 480.7 514.67 469.2 DOWN

TCS 2075.95 2051.9 2027.85 2108.1 2140.25 2034.76 2084.05 DOWN

TECHM 686 679.32 672.63 693.47 700.93 742.63 686.78 DOWN

TITAN 1087.8 1060.5 1033.2 1110.8 1133.8 1036.38 1083.5 UP

TORNTPHARM 1554.75 1506.8 1458.85 1581.3 1607.85 1710.55 1533.35 UP

TORNTPOWER 303.6 300.63 297.67 309.53 315.47 254.51 306.57 DOWN

TVSMOTOR 413.35 409.35 405.35 420.65 427.95 503.55 416.65 DOWN

UBL 1397.1 1384.52 1371.93 1406.32 1415.53 1342.95 1393.73 UP

UJJIVAN 285.45 280.38 275.32 292.33 299.22 284.91 287.27 DOWN

ULTRACEMCO 4604 4579 4554 4625 4646 4057.63 4600 UP

UNIONBANK 75.3 73.78 72.27 77.43 79.57 79.5 75.92 DOWN

UPL 655 644.62 634.23 668.17 681.33 580.62 657.78 DOWN

VEDL 163.7 161.3 158.9 166.9 170.1 184.68 164.5 DOWN

VOLTAS 578.25 572.9 567.55 586.8 595.35 568.79 581.45 DOWN

WIPRO 267.4 259.92 252.43 274.52 281.63 310.69 267.03 UP

YESBANK 85.9 79.95 74 91.05 96.2 188.96 85.1 UP

ZEEL 360.75 351.65 342.55 367.4 374.05 416.91 358.3 UP

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -


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 34449. Interweek strategy: Buy on dips between 34541-34701 zone, targeting 35251 and then at 35701-36001 zone with stop at 34191.

Overbought technical conditions prevail. Interweek strategy: Sell between 40901-41001 zone, targeting 40179 and then at 39411-39711 zone with stop at 41607.

Interweek strategy: Buy on dips between 3536-3575 zone, targeting 3927 mark and then aggressive targets at 4101-4201 zone with stop at 3401.

Interweek strategy: Establish buy positions between 435-439 zone, targeting 451 zone and then aggressive targets at 465-472 zone with stop at 421.

Natural Gas prices seen at oversold conditions. Support now seen at 147-149 zone. Interweek strategy: Establish long positions at CMP, targeting 171 and then at 201-205 zone with stop at 137.

Technically, USD/INR now faces major hurdles at 70.05. Any corrective advances towards 69.50-69.75 zone will be opportunity to initiate short positions. Interweek Strategy: Sell between 69.05-69.10 zone, targeting 68.05 and then at 67.50. Stop 70.45.

35107 34449 33771 35251 36001 Neutral

40750 40179 39411 41001 41551 Neutral

3796 3536 3442 3927 4201 Neutral

447 435 421 451 472 Positive

157.00 147.00 139.00 171.00 205.00 Positive

68.95 68.05 67.50 69.57 70.05 Neutral

MCX Gold firm as traders weigh expectations for a U.S. interest-rate cut.

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

Oil prices are at two-week lows as U.S. crude supplies fall less than expected and product stocks climb.

1429 1397 1383 1433 1468 Neutral

16.21 15.45 14.87 16.71 17.05 Neutral

55 54.45 52.5 58.05 61.5 Positive

1.1230 1.1217 1.0945 1.1545 1.1607 Neutral

97.17 95.00 92.75 97.75 102.50 Positive

27128 26951 26411 27771 28251 Positive

Support now seen 1397-1401 zone on closing basis. Major interweek hurdles now seen at 1433. Interweek Strategy: Buy only on declines between 1411-1405 zone, targeting 1433 and then at 1451-1468 zone with stop 1397.

Hurdles now seen at 17.05. Interweek Strategy: Buy only on sharp declines between 15.45-15.75 zone, targeting 16.71 zone and then at 17.01-17.05 zone with stop below 14.87.

Confirmation of strength only above key hurdles now at 58.05 zone. Key support seen at 52.50. Interweek strategy: Establish buy positions only on dips between 52.50-53 zone, targeting 58.05 with strict stop at 52.05.

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 only above 97.75, targeting 100 and then at 102.50 with stop at 95. Neutral bias.

Wall Street was seen struggling in Thursday's trade as investors reacted negatively to earnings and then sentiments were dented amidst lack of progress on the Beijing-Washington tariff dispute remained a headache. Hurdles for Dow at 28251.

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

143.05 142.7 142.35 143.4 143.75 141.59 141.3 DOWN

3183 3091.5 3000 3233 3283 1818.21 3474.5 UP

5554 5528 5502 5576 5598 5360.33 5668 DOWN

4336 4321.67 4307.33 4357.67 4379.33 4304.92 4237.5 DOWN

446.75 443.73 440.72 448.48 450.22 435.6 437.1 UP

21740 21563.33 21386.67 21873.33 22006.67 21540.85 20900 UP

3916 3867.67 3819.33 3989.67 4063.33 4105.41 4259 UP

35090 34801.67 34513.33 35258.67 35427.33 32167.47 34366 UP

8810 8794.33 8778.67 8828.33 8846.67 8845.97 8686.5 UP

4267.5 4254.67 4241.83 4280.17 4292.83 4333.66 4198.5 UP

18060 17973.33 17886.67 18143.33 18226.67 17587.95 17630 UP

155.35 154.35 153.35 156.05 156.75 142.84 153.6 UP

1292.7 1265.67 1238.63 1308.27 1323.83 1554.65 1192.75 UP

159 157.23 155.47 161.33 163.67 213.68 157.4 UP

993.6 967.2 940.8 1008.4 1023.2 862.32 895.2 UP

3921 3910.33 3899.67 3933.33 3945.67 3949.48 3944 UP

40176 39529.67 38883.33 40523.67 40871.33 38105.4 37458 DOWN

3050 3050 3050 3050 3050 3614.83 3015 UP

3620 3605 3590 3630 3640 3548.99 3550 UP

194.35 193.73 193.12 195.08 195.82 196.85 196.85 UP


CORPORATE OFFICE

Quantum Global Securities Ltd.

2nd Floor, Thakur House, Ashok Nagar,

Kandivali East, Mumbai 400 101

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

Email: [email protected]

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

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

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


Quantum Global Securities Ltd.

we innovate. we are creative.quantumglobal.in/wp-content/uploads/2019/07/quantum_global_dail… ·...

Documents