Daily Market Insights

Transcription

1 Daily Market Insights 19 th December 2018 es743 u Extending the gains for sixth straight session, domestic stocks erased intraday losses to eke out modest gains in a highly volatile session of trade.global stocks followed Wall Street lower Tuesday, as markets around the world retreated in the face of slowing economic growth and rising political uncertainty while investors looked to the US Federal Reserve monetary policy decision due than on Wednesday.The Nifty 50 gained points and settled the day at Media sector were the major loser and PSU banks were the major gainers of the day. Global Markets Asian share markets sank on Tuesday as heightened worries about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year.a profit warning from ASOS (LON:ASOS), a previously high-flying UK online-clothing retailer, shocked investors, sending U.S. consumer discretionary shares down 2.8 percent INDEX ADVANCE DECLINE UNCHANGED NSE INDEX ADVANCE DECLINE UNCHANGED Gainers BSE LARGECAP %CHANGE MIDCAP %CHANGE SUNPHARMA +2.80% MCDOWELL-N +5.59% BAJFINANCE +2.37% PFC +5.17% JSWSTEEL +2.28% VAKRANGEE +4.92% VEDL +2.09% PCJEWELLER +3.62% M&M +2.07% BANKINDIA +3.39% Losers LARGECAP %CHANGE MIDCAP %CHANGE ZEEL -8.40% MINDTREE -2.70% UPL -3.07% DISHTV -2.52% INFY -2.51% LTTS -2.44% TECHM -1.55% PNBHOUSING -2.39% WIPRO -1.35% TORNTPHARM -2.36% Nifty Indian Markets INDEX VALUE CHANGE %CHANGE SENSEX % NIFTY % NIFTYBANK % INDIA VIX % International Markets INDEX VALUE CHANGE %CHANGE DOW % NASDAQ % FTSE % SHANGHAI % NIKKEI % Intraday super stars OUR PREVIOUS CALLS UPDATE Date Stocks Entry Exit P/L 18/12 BHARATFORG(L) UNEX 18/12 LICHSGFIN(L) UNEX Multibagger Date Stock Entry Exit P/L 18/12 M&MFIN(L) Trifid special Date Stock Entry Exit P/L 17/12 HEROMOTOCO(L) For our next calls click here.

2 Stock Snippets Graphite India rose 1.4% after the company said its Bengaluru graphite electrode plant received 'Consent for Operations' from Karnataka State Pollution Control Board for a period up to 30 June 2020 only with condition to shift the unit from the existing location. Bombay Dyeing has given its consent by signing the shareholder's resolution of its subsidiary in Indonesia i.e. PT Five Star Textile Indonesia (PTFS) for closure of the same. Lupin announced that it has received approval for its Clobazam Tablets, 10 mg and 20 mg from the USFDA to market a generic version of Lundbeck Pharmaceuticals, LLC s Onfi Tablets, 10 mg and 20 mg. - Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted final approval by the United States Food & Drug Administration (USFDA) for Fluocinolone Acetonide Oil, 0.01% (Ear Drops), a generic version of DermOtic Oil, 0.01% (Ear Drops), of Hill Dermaceuticals, Inc. Tata Motors-Jaguar Land Rover hired Boston Consulting Group for $3.2bn turnaround plan. Global Markets Taiwan stocks were lower after the close on Tuesday, as losses in the Oil, Gas & Electricity and Electronic Products Distribution sectors led shares lower. At the close in Taiwan, the Taiwan Weighted declined 0.70%. Australia stocks were lower after the close on Tuesday, as losses in the Energy, IT and Healthcare sectors led shares lower. At the close in Sydney, the S&P/ASX 200 lost 1.22% China stocks were lower after the close on Tuesday, as losses in the Real Estate Investments & Services, Financials and Oil Equipment Services & Distribution sectors led shares lower. At the close in Shanghai, the Shanghai Composite fell 0.82%. DATE: 18/12/18 FII/DII CASH MTD YTD FII DII Sectoral gainers and losers SECTOR %CHANGE IN ADV DEC MARKETCAP Retail & Real Estate 1.39% Utilities 0.98% 13 9 Metals & Mining 0.88% Telecommunication 0.72% Engineering & Capital Goods 0.64% Banking & Financial Services 0.63% Automotive 0.60% Services 0.56% Conglomerates 0.54% Food & Beverages 0.54% Oil & Gas 0.48% Cement & Construction 0.44% Chemicals 0.43% Pharmaceuticals 0.39% Miscellaneous 0.04% Manufacturing -0.08% Consumer Nondurables -0.14% Consumer Durables -0.32% 4 5 Tobacco -0.58% 3 2 Information Technology -0.69% Media & Entertainment -2.71% Stocks breakout on moving average STOCKS PRICE 30DMA UNIONBANK MRF BASF PFC

3 Intraday super star calls (Premium Section) SBIN EQ gave the trend line breakout and sustaining at it s immediate resistance mark. Further buying may be seen in stock if it crosses the shown resistance level. BUY ABOVE 294 TARGETS /299.90/ SL LICHSGFIN EQ depicts the buying action and settled above the 8 EMA to close near to the immediate resistance level. The stock is expected to give breakout above the drawn resistance level. BUY ABOVE TARGETS /476.15/ SL

4 F&O Multibagger call (Premium Section) ASIANPAINT FUT hovering near resistance as well as form consolidation around its resistance expected to give positive breakout. BUY ABOVE 1368 TARGETS 1373/1378 SL 1363.

5 Trifid Special call (Premium Section) JUBLFOOD EQ being form bullish consolidation and settled near to the immediate resistance as shown in the chart. The stock may give breakout and trade higher ahead BUY ABOVE 1284 TARGET SL

6 Major Indices Movement Nifty Technical s Nifty after neagative opening showed sideways to bullish movements closed around its resistance zone at The next key support and resistance is at and respectively. Bank Nifty Technical s Bank nifty showed more bullish than nifty and closed at The next key support and resistance is at and respectively. Index 17-Dec Dec-18 Change in OI % Change NIFTY % SCRIPS IN F&O BAN FOR TRADE ADANIENT, ADANIPOWER, JETAIRWAYS, RELCAPITAL.

7 Up s and Down s Stocks at 52 Week High Stocks New 52 W/H Previous High BANG DMART GSKCONS Stocks Approaching 52 Week High Stocks LTP 52W High MARICO WIPRO COLPAL BATAINDIA MUTHOOTFIN Stocks rising continuously 2-3 days Stocks LTP EDELWEISS UBL PFC BANDHANBNK Stocks at 52 Week Low Stocks New 52 W/L Previous Low ENIL JKIL KIRLOSBROS SOTL SUNDARMHLD Stocks Approaching 52 Week Low Stocks LTP 52W Low KHADIM CONTROLPR VSTTILLERS BSE FINCABLES Stocks falling continuously 2-3 days Stocks LTP FORTIS JETAIRWAYS CYIENT INFY Event Calendar(10 th DECMBER2018 to 15 th DECEMBER2018) 17/12/18 (Mon) 18/12/18 (Tues) 19/12/18 (Wed) 20/12/18 (Thur) 21/12/18 (Fri) 22/12/18 (Sat) M3 MONEY SUPPLY DATA DATA: BANK LOAN GROWTH, DEPOSIT GROWTH, FX RESERVES (USD)

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