Daily Market Insights

Transcription

1 Daily Market Insights 02 nd January 2019 es743 u Late buying demand in index pivotal helped domestic stocks log modest gains on first trading day of calendar 2019.Trading for calendar 2019 began on a volatile note as the key benchmark indices reversed early gains to sink in negative zone. Stocks extended fall to hit intraday low in mid-afternoon trade. Reversing intraday losses, indices staged a strong pullback in late trade to hit intraday than high. The Nifty 50 gained points and settled at Realty sector were major gainers and Metal sector were major losers of the day. Global Markets North Korean leader Kim Jong Un reaffirmed on Tuesday his resolve to completely denuclearize the Korean Peninsula, but warned he may have to take an alternative path if the United States continued to force Pyongyang into unilateral action. Netflix (NASDAQ:NFLX) is expected to announce in the next few days that it has poached media finance veteran Spencer Neumann from Activision Blizzard to be its CFO. INDEX ADVANCE DECLINE UNCHANGED NSE INDEX ADVANCE DECLINE UNCHANGED Gainers BSE LARGECAP %CHANGE MIDCAP %CHANGE BHARTIARTL +2.99% VAKRANGEE +4.95% HDFC +2.12% INDIANB +3.20% SBIN +1.62% UNIONBANK +2.79% BPCL +1.59% CANBK +2.35% INFRATEL +1.54% BANKINDIA +2.16% Losers LARGECAP %CHANGE MIDCAP %CHANGE M&M -3.84% PAGEIND -1.55% HINDALCO -1.46% MPHASIS -1.26% IBULHSGFIN -1.38% RECLTD -1.23% HINDUNILVR -1.13% DHFL -1.22% JSWSTEEL -1.11% JINDALSTEL -1.21% 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 01/01 IGL(L) /01 SUNPHARMA(L) Multibagger Date Stock Entry Exit P/L 01/01 SUNPHARMA (L) Trifid special Date Stock Entry Exit P/L 19/12 JUBLFOOD(L) For our next calls click here.

2 Stock Snippets JMC Projects (India) rose 2.18% after the company said it has secured new orders worth Rs 596 crore. Maruti Suzuki India fell 0.41% after the company said that its total sales fell 1.3% to 1.28 lakh units in December 2018 over December MEP Infrastructure Developers announced that MEP Longjian VTR Road, Subsidiary Company of the Company, has achieved financial closure as per the Concession Agreement executed with NHAI dt. 04 July 2018 Central Bank of India and UCO Bank have received Rs1,678cr and Rs3,076cr - respectively, by making a preferential allotment of shares to the government. Lupin gets USFDA approval for Clobazam Oral Suspension. Centrum Capital s arm acquired supply chain finance business of L&T Finance. Bank of Maharashtra received equity capital of Rs4,498cr from the government. Global Markets Overseas, markets across Japan, China, Hong Kong, UK, US, France, South Korea, Singapore, Germany and Brazil, among others, are closed on account of New Year holiday. Cautious optimism over US-China trade talks helped the US stocks to end higher in the final trading session of the year on Monday in thin pre-holiday trading. DATE: 01/01/19 FII/DII CASH MTD YTD FII DII Sectoral gainers and losers SECTOR %CHANGE IN ADV DEC MARKETCAP Telecommunication 1.30% Banking & Financial Services 0.87% Consumer Durables 0.80% 7 2 Engineering & Capital Goods 0.38% Conglomerates 0.35% 19 8 Tobacco 0.35% 4 1 Retail & Real Estate 0.28% Manufacturing 0.27% Information Technology 0.24% Pharmaceuticals 0.21% Media & Entertainment 0.17% Utilities 0.15% 17 8 Oil & Gas 0.12% 13 9 Chemicals -0.01% Miscellaneous -0.05% Cement & Construction -0.08% Services -0.28% Automotive -0.37% Metals & Mining -0.38% Food & Beverages -0.53% Consumer Nondurables -0.89% Stocks breakout on moving average STOCKS PRICE 30DMA BHARTIARTL HEROMOTOCO INFY IOC

3 Intraday super star calls (Premium Section) BPCL EQ gave trend line breakout and settled bullishly near the immediate resistance level so drawn. The stock may give breakout and trade higher. BUY ABOVE TARGETS /377.20/ SL PFC EQ showed buying action and traded above the 8 days EMA since last few session to close near the resistance level. The stock may trade higher if break the level. BUY ABOVE 108 TARGETS /110.20/ SL

4 F&O Multibagger call (Premium Section) BHARTIARTL FUT hovering near resistance as well as settled near trend line resistance, expected to give positive breakout. BUY ABOVE 325 TARGETS 327/329 SL 323

5 Trifid Special call (Premium Section) KOTAKBANK EQ showed buying strength and sustained at the 8 days EMA to close near the resistance level. The stock may trade higher if crosses the shown resistance level. BUY ABOVE TARGETS SL

6 Major Indices Movement Nifty Technical s Nifty took of 55 DMA and follow sideways to bullish movements settled at by forming bullish hammer. The next key support and resistance is at and respectively. Bank Nifty Technical s Bank nifty formed a bullish engulf by breaking major resistance and closed at The next key support and resistance is at and respectively. Index 31-Dec Jan-19 Change in OI % Change NIFTY % SCRIPS IN F&O BAN FOR TRADE ADANIPOWER

7 Up s and Down s Stocks at 52 Week High Stocks New 52 W/H Previous High TIINDIA Stocks Approaching 52 Week High Stocks LTP 52W High HINDUNILVR IPCALAB ICICIBANK PVR LT Stocks rising continuously 2-3 days Stocks LTP GSFC BANKBARODA BHEL POWERGRID Stocks at 52 Week Low Stocks New 52 W/L Previous Low GDL NH SPARC TREJHARA Stocks Approaching 52 Week Low Stocks LTP 52W Low NILKAMAL VSTTILLERS KRBL BASF Stocks falling continuously 2-3 days Stocks LTP MCDOWELL-N 621 DABUR HINDUNILVR Event Calendar(31 st DECMBER2018 to 5 th JANUARY 2019) 31/12/18 (Mon) 01/01/19 (Tues) 02/01/19 (Wed) 03/01/19 (Thur) 04/01/19 (Fri) 05/01/19 (Sat) DATA: FEDERAL FISCAL DEFICIT, FOREIGN DEBT(USD)(Q3), INFRASTRUCTURE OUTPUT(YOY). DATA: NIKKEI MARKIT MANUFACTURING PMI, M3 MONEY SUPPLY. DATA: NIKKEI SERVICE PMI, BANK LOAN GROWTH, DEPOSIT GROWTH, FX RESERVES(USD).

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