HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PVT. LTD.

Transcription

1 HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PVT. LTD.

2 Market Wrap-Up Commodity Contract Previous Close MCX Market Wrap-Up Open High Low Close NCDEX Market Wrap-Up % Change in Price % Change in Open Interest % Change in Volume Aluminium 28-Sep % -4.61% % Copper 30-Nov % % % Crude Oil 19-Sep-18 4,959 4,941 5,114 4,808 4, % 24.05% -8.73% Gold 05-Oct % % 13.89% Lead 28-Sep % 25.48% % Natural Gas 25-Sep % 1.56% % Nickel 28-Sep % % -6.22% Silver 05-Dec % % -0.01% Zinc 28-Sep % 8.55% -1.99% Commodity Contract Previous Close Open High Low Close % Change in Price % Change in Open Interest % Change in Volume Castor Seed 16-Oct % % 10.05% Chana 16-Oct % % -8.13% Dhaniya 16-Oct % % 82.64% COCUDAKL 20-Dec % % % Guargum5 16-Oct % % 1.56% Guarseed10 16-Oct % % -2.77% Jeera 16-Oct % 79.08% 4.15% RMseed 16-Oct % % % Ref Soya Oil 16-Oct % 6.28% 9.48% Soyabean 16-Oct % 33.58% 9.96% Turmeric 16-Oct % % -2.29% Mentha Oil 28-Sep % -2.85% % Currency Pair Contract Previous Close Currency Market Wrap-Up Open High Low Close Change in Price (in%) USDINR 26-Sep % GBPINR 26-Sep % JPYINR 26-Sep % EURINR 26-Sep % Continued. 2 Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

3 Market Wrap-Up Commodity Exchange Previous Close International Market Wrap-up Open High Low Close % Change in Price Aluminium LME % Copper COMEX % Crude Oil NYMEX % Gold COMEX % Lead LME % Natural Gas NYMEX % Nickel LME % Silver COMEX % Zinc LME % 3 Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

4 Inventory Updates LME Inventory Commodity Closing (As on 7th Sep 18) In tones Closing (As on 31st Aug 18) in tones % Change in Price Aluminium % Copper % Lead % Nickel % Zinc % Continued. 4 Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

5 Inventory Updates 5 Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

6 Market Next Week Upcoming Economic Events Calender Time Currency Event Forecast Previous Monday, September 10, :00 CNY CPI (MoM) (Aug) 0.50% 0.30% 7:00 CNY PPI (YoY) (Aug) 4.00% 4.60% 14:00 GBP GDP (MoM) 0.20% 0.10% 14:00 GBP Industrial Production (MoM) (Jul) 0.20% 0.40% 14:00 GBP Trade Balance Non-EU (Jul) -3.30B -2.86B Tentative USD OPEC Meeting - - Tentative GBP NIESR GDP Estimate 0.60% 18:30 GBP NIESR Monthly GDP Tracker 0.70% 0.50% Tuesday, September 11, :00 GBP Claimant Count Change (Aug) 10.0K 6.2K 14:00 GBP Employment Change 3M/3M (MoM) 27.0K 42.0K 14:00 GBP Unemployment Rate (Jul) 4.00% 4.00% Wednesday, September 12, :50 USD OPEC Monthly Report :00 USD Core PPI (MoM) (Aug) 0.20% 0.10% 18:00 USD PPI (MoM) (Aug) 0.20% 0.00% 20:00 USD Crude Oil Inventories M M 21:30 USD WASDE Report Thursday, September 13, :30 GBP BoE MPC vote cut (Sep) :30 GBP BoE Interest Rate Decision (Sep) 0.75% 0.75% 18:00 USD Core CPI (MoM) (Aug) 0.20% 0.20% 18:00 USD Core CPI (YoY) (Aug) 2.40% 2.40% 18:00 USD CPI (MoM) (Aug) 0.30% 0.20% 23:30 USD Federal Budget Balance (Aug) B -77.0B Friday, September 14, :30 CNY Industrial Production (YoY) (Aug) 6.20% 6.00% 7:30 CNY Chinese Unemployment Rate % 18:00 USD Core Retail Sales (MoM) (Aug) 0.50% 0.60% 18:00 USD Import Price Index (MoM) (Aug) -0.20% 0.00% 18:00 USD Retail Sales (MoM) (Aug) 0.40% 0.50% 18:45 USD Industrial Production (MoM) (Aug) 0.30% 0.10% 19:30 USD Business Inventories (MoM) (Jul) 0.60% 0.10% Currency Weekly Pivots Currency Pair Contract R3 R2 R1 PP S1 S2 S3 USDINR 26-Sep GBPINR 26-Sep JPYINR 26-Sep EURINR 26-Sep Continued. 6 Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

7 Market Next Week MCX Weekly Pivots Commodity Contract R3 R2 R1 PP S1 S2 S3 Aluminium 28-Sep Copper 30-Nov Crude Oil 19-Sep Gold 05-Oct Lead 28-Sep Natural Gas 25-Sep Nickel 28-Sep Silver 05-Dec Zinc 28-Sep NCDEX Weekly Pivots Commodity Contract R3 R2 R1 PP S1 S2 S3 Castor Seed 16-Oct Chana 16-Oct Dhaniya 16-Oct COCUDAKL 20-Dec Guargum5 16-Oct Guarseed10 16-Oct Jeera 16-Oct RMseed 16-Oct Ref Soya Oil 16-Oct Soyabean 16-Oct Turmeric 16-Oct Mentha Oil 28-Sep Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

8 MCX Fundamentals BULLION Gold held on to a small loss from the previous session on Monday amid expectations of a U.S. Federal Reserve interest rate hike in September and fears of escalating trade tensions between the United States and China U.S. jobs growth accelerated in August with wages notching their largest annual increase in nine years strengthening views the economy was so far weathering the Trump administration escalating trade war with China. The stronger than expected payrolls data cemented expectations that the U.S. Fed will raise interest rates in September in what would be its third hike this year. BASE METALS London copper was trading steady on Monday morning after it registered its second weekly loss as an intensifying trade war between the United States and top metals consumer China raised concerns over demand. For the week LME and Shanghai copper are down 1.7 percent U.S. President Donald Trump has said he is prepared to quickly ramp up the trade war with China and has told aides he is ready to impose fresh tariffs on $200 billion worth of Chinese imports as soon as a public comment period on the plan ends. ENERGY Oil prices rose on Monday as US drilling for new production stalled and as the market eyed tighter conditions once Washington's sanctions against Iran's crude exports kick in from November. US energy companies cut two oil rigs last week bringing the total count to 860 energy services firm Baker Hughes said on Friday. The Energy Information Administration released its report on US natural gas stockpiles, showing a buildup of 63 billion cubic feet in the week ending August 31, adding to 70 billion in the previous week, while analysts expected a 60 billion increase. 8 Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

9 NCDEX Fundamentals SPICES Jeera traded sideways with no strong movement noted as Oct Jeer failed to maintain above resistance levels. Low trading activities in mandis kept trend sideways for Jeer. Due to better crop expectations traders expect lower levels and firm Dollar could enhance export demand and support prices in coming sessions.trend remained weak for Turmeric as good sowing reports kept sentiments negative. Even as technical is still not very strongly positive there are expectations of demand on the domestic and export front picking up with harvesting still time away. OILSEEDS Fresh buying interest in spot markets (at lower rates) turned positive for the futures market and in coming sessions markets may look to recover soon as demand is expected to pick up in mandis amidst falling arrivals as new crop arrivals get over. Soya oil failed to trade with a positive bias during evening session as global markets started trading on subdued note. However there wasn t any key bearish news. The edible oil market in recent months had maintained a cautious stance over the start of the China U.S. GUAR COMPLEX Guar failed to maintain the higher levels as profit booking set in by the end of the week. Recent moderate rains in Rajasthan limited the uptrend. However as the bearish impact of rains gradually get over with prices on the lower side and sowing period too nearing end, fall in prices may be limited from the monsoon factor. OTHERS RM seed ended the week with strong gains. As understood from market talks that selling intentions are poor and at prevailing lower ratesmandi sellers are avoiding negotiations for fresh deals. This shall tend to keep futures prices supported at every dip.reviewing the current fundamentals ongoing trade war between US and China will be seen as a positive news for domestic soy meal export prospects in coming weeks/months. The recent import duty hike on edible oils and expected significant rise in MSP for Kharif crops shall continue supporting futures market in near term. 9 Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

10 Calls of the Week (MCX) ZINC Zinc continuously trading above the support level of 170 and recently broken its downtrend channel on upper side. Last week Lead made a high of and closed at with overall marginal loss of 1.28% on weekly basis. For this week, if it breaks the level of 175 on the upper side then it can test the level of 182 during the week. One can make buy position in it by maintaining a SL at 174. WEEKLY STRATEGY PARTICULAR DETAILS Action Buy Entry Range Above 175 Target 182 SL 174 GOLD From last couple of trading weeks Gold is trading with positive sentiment and we are expecting that market can continue the same trend for this week also. Last week Gold made a high of and closed at with overall marginal gain of 1.21% on weekly basis. On its daily chart Gold broken its resistance trend line and sustaining above it indicating positive movement in it. For this week, if it breaks the level of on the upper side then it can test the level of during the week. One can make buy position in it by maintaining a SL at WEEKLY STRATEGY PARTICULAR DETAILS Action Buy Entry Range Above Target SL Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

11 Calls of the Week (NCDEX) CASTOR From last couple of trading days Castor is trading with negative sentiment and we are expecting that market can continue the same trend for this week also. Last week Castor made a low of 4705 and closed at 4718 with overall marginal loss of 0.36% on weekly basis. On its daily chart Castor is forming lower lows and lower highs formation indicating selling pressure in it. For this week, if it breaks the level of 4700 on the lower side then it can test the level of 4572 during the week. One can make sell position in it by maintaining a SL at WEEKLY STRATEGY PARTICULAR DETAILS Action Sell Entry Range Below 4700 Target 4572 SL 4782 COKUDAKL From last couple of trading weeks COCUDAKL is trading in range and making lower highs on its daily chart.. Last week COCUDAKL made a high of 1754 and closed at 1715 with overall marginal gain of 1.15% on weekly basis. On its daily chart COCUDAKL is trading at support level of 1700 with negative RSI and we are expecting negative movement in it. For this week, if it breaks the level of 1700 on the lower side then it can test the level of 1550 during the week. One can make sell position in it by maintaining a SL at WEEKLY STRATEGY PARTICULAR DETAILS Action Sell Entry Range Below 1700 Target 1550 SL Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

12 Calls of the Week (FOREX) JPYINR Last week JPYINR made a high of and closed at with overall marginal gain of 0.90% on weekly basis. The secondary trend of JPYINR is bearish on chart and market is continuously resist by the Bollinger band upper band indicating correction from intra day to mid term basis. For this week, if it breaks the level of on the lower side then it can test the level of during the week. One can make sell position in it by maintaining a SL at WEEKLY STRATEGY PARTICULAR DETAILS Action Sell Entry Range Below Target SL USDINR USDINR continuously trading above the major resistance level of and recently broken its bullish flag pattern and sustaining above it indicating short term positive movement in it. Last week USDINR made a high of and closed at with overall marginal gain of 0.98% on weekly basis. For this week, if it breaks the level of on the upper side then it can test the level of during the week. One can make buy position in it by maintaining a SL at WEEKLY STRATEGY PARTICULAR DETAILS Action Buy Entry Range Above Target SL Copyright 2018 Ways2Capital. All rights reserved 11/09/2018

13 Disclaimer LEGAL DISCLAIMER (क न न अस व कयण) : This Document has been prepared by Ways2Capital (A Division of High Brow Market Research Investment Advisor Pvt Ltd). The information, analysis and estimates contained herein are based on Ways2Capital Equity/Commodities Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only. मह दस त व ज Ways2Capital (ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड क एक ब ग) द व य त म य ककम गम ह मह ऩय द गई ज नक य, ववश र षण औय अन भ न Ways2Capital इक ववट / कभ डडट अन स ध न क भ लम कन ऩय आध रयत ह औय ववश वसन म स र त स प र प त क गई ह मह दस त व ज क वर इक छ त प र प तकत क उऩम ग क लरए ह ह This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is meant for general information only. Ways2Capital Equity/Commodities Research, its directors, officers or employees shall not in any way to be responsible for the contents stated herein. Ways2Capital Equity/Commodities Research expressly disclaims any and all liabilities that may arise from information, errors or omissions in this connection. This document is not to be considered as an offer to sell or a solicitation to buy any securities or commodities. मह दस त व ज, सव त तभ र ऩ स, Ways2Capital इक ववट / कभ डडट ज अन स ध न क प रनतननधधत व कयत ह औय स भ न म ज नक य क लरए ह ह Ways2Capital इक ववट / कभ डडट ज अन स ध न, इसक ननद शक, अधधक य म कभ च य ककस ब तयह स स फ धधत स भग र क लरए क जम भ द य नह ह Ways2Capital इक ववट / कभ डडट ज अन स ध न ककस ब औय सब उत तयद नमत व क स ऩष ट र ऩ स अस व क य कयत ह ज इस स फ ध भ स चन, त र टटम म च क स ऩ द ह सकत ह इस दस त व ज क ककस ब प रनतब नत म वस त क खय दन क लरए फ चन म एक आग रह क लरए प रस त व क र ऩ भ नह भ न ज सकत ह All information, levels & recommendations provided above are given on the basis of technical & fundamental research done by the panel of expert of Ways2Capital but we do not accept any liability for errors of opinion. People surfing through the website have right to opt the product services of their own choices. उऩय वत सब स चन, स तय औय स झ व, Ways2Capital क ववश ष क ऩ नर द व य ककए गए तकन क औय भ लरक अन स ध न क आध य ऩय द गई ह, र ककन हभ टदए गए स झ व क त र टटम क लरए क ई द नमत व स व क य नह कयत ह व फस इट क भ ध मभ स सकप ग कयन व र र ग क अऩन ऩस द क उत ऩ द स व ओ क च नन क अधधक य ह Any investment in Equity/commodity market bears risk, company will not be liable for any loss done on these recommendations. These levels do not necessarily indicate future price moment. Company holds the right to alter the information without any further notice. Any browsing through website means acceptance of disclaimer. इक ववट / कभ डडट फ ज य भ क ई ब ननव श ज खखभ क अध न ह त ह, क ऩन इन स झ व ऩय ककए गए ककस ब न कस न क लरए उत तयद म नह ह ग मह स तय बववष म क क भत क गनत क स क त नह द त ह व फस इट क भ ध मभ स ककस ब ब र उक ज ग क अथ ह अस व कयण क स व क नत DISCLOSURE (प रकट कयण) : High Brow Market Research Investment Advisor Pvt. Ltd. or its associates does not do business with companies covered in research report nor is associated in any manner with any issuer of products/ securities, this ensures that there is no actual or potential conflicts of interest. To ensure compliance with the regulatory body, we have resolved that the company and all its representatives will not make any trades in the market. ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड म उसक सहम ग क ऩननम अन स ध न रयऩ ट भ श लभर क ऩननम क स थ क य फ य नह कयत ह औय न ह ककस ब तयह क उत ऩ द / प रनतब नतम क ज य कत क स थ ज ड ह, ज मह स ननक श चत कयत ह कक टहत क लरए क ई व स तववक म स ब ववत स घष नह ह ननम भक ननक म क अन ऩ रन क स ननक श चत कयन क लरए हभन मह तम ककम ह कक क ऩन औय उसक क ई ब प रनतननधध फ ज य भ ट र ड नह कय ग Clients are advised to consider information provided in the report as opinion only & make investment decision of their own. Clients are also advised to read & understand terms & conditions of services published on website. No litigations have been filed against the company since the incorporation of the company by regulatory body. ग र हक क मह सर ह द ज त ह कक व रयऩ ट भ द गई ज नक य क क वर य म क र ऩ भ द ख औय ननव श क लरए स वम प सर कय ग र हक क व फस इट ऩय प रक लशत स व ओ क ननमभ औय शत क ऩढ न औय सभझन क ब सर ह द ज त ह क ऩन क ननगभन क फ द ननम भक ननक म द व य क ऩन क खखर प क ई भ कदभ (म धचक ) द मय नह ककम गम ह DISCLOSURE APPENDIX (प रकट कयण ऩरयलशष ट ) : The reports are prepared by analysts who are employed by High Brow Market Research Investment Advisor Pvt. Ltd. All the views expressed in this re- port herein accurately reflects personal views about the subject company or companies & their securities and no part of compensation was, is or will be directly or indirectly related to the specific recommendations or views contained in this research report. रयऩ ट ववश र षक द व य त म य क गम ह ज द व य ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड द व य ननम वत ह इस रयऩ ट भ व मवत सब ववच य क ऩन क फ य भ व मक वतगत ववच य क दश त ह औय क ऩननम औय उनक प रनतब नतम औय नतऩ नत (भ आवज ) क क ई टहस स, म इस श ध रयऩ ट भ ननटहत ववश ष स झ व म ववच य स प रत म म अप रत म र ऩ स स फ धधत नह ह ग DISCLOSURE IN TERMS OF CONFLICT OF INTEREST (टहत क स घष क भ भर भ प रकट कयण ): (a) High Brow Market Research Pvt. Ltd. or his associate or his relative has no financial interest in the subject company and the nature of such financial interest; (अ) ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड म उसक सहम ग म उनक ककस ब तत क र रयश त द य क ववषम क ऩन भ क ई ववत त म र धच नह ह औय न ह इस तयह क ववत त म टहत क प रक नत ह (b) High Brow Market Research Pvt. Ltd. or its associates or relatives, have no actual/beneficial ownership of one percent or more in the securities of the subject company, (ब) ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड म उसक सहम ग म उनक ककस ब तत क र रयश त द य क ववषम क ऩन क प रनतब नतम भ एक प रनतशत म उसस अधधक क व स तववक / प मद भ द स व लभत व नह ह (c) High Brow Market Research Pvt. Ltd. or its associate has no other material conflict of interest at the time of publication of the research report or at the time of public appearance; (स) ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड म उसक सहम धगम क अन स ध न रयऩ ट क प रक शन क सभम म स व जननक र ऩ स उऩक स थत ह न क सभम क ई अन म ब नतक स घष नह ह DISCLOSURE IN TERMS OF COMPENSATION ( नतऩ नत क स दब भ प रकट कयण): High Brow Market Research Investment Advisor Pvt. Ltd. policy prohibits its analysts, professionals reporting to analysts from owning securities of any company in the analyst's area of coverage. Analyst compensation: Analysts are salary based permanent employees of High Brow Market Research Pvt. Ltd. ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड क ऩ लरस अऩन ववश र षक, ऩ श वय क ववश र षक क त र भ ककस ब क ऩन क प रनतब नतम क स व भ स ववश र षक क रयऩ ट कयन स य कत ह ववश र षक नतऩ नत : ववश र षक ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड क व तन आध रयत स थ म कभ च य ह DISCLOSURE IN TERMS OF PUBLIC APPEARANCE (स व जननक प रकटन क भ भर भ प रकट कयण ) : (a) High Brow Market Research Pvt. Ltd. or its associates have not received any compensation from the subject company in the past twelve months; (अ) ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड म उसक सहम ग म न वऩ र 12 भह न भ ववषम क ऩन स क ई भ आवज प र प त नह ककम ह (b) The subject company is not now or never a client during twelve months preceding the date of distribution of the research report. (ब) अन स ध न रयऩ ट क ववतयण क नतधथ स ऩ व फ यह भह न क द य न ववषम क ऩन अफ म कब ब ग र हक नह यह ह (c ) High Brow Market Research Pvt. Ltd. or its associates has never served as an officer, director or employee of the subject company; (स) ह ई ब र भ क ट अन स ध न ननव श सर हक य प र इव ट लरलभट ड म उसक सहम ग म न ववषम क ऩन क अधधक य, ननद शक म कभ च य क र ऩ भ कब ब क भ 13 Copyright 2018 Ways2Capital. All rights reserved 11/09/2018