th th

I nitial
Weekly Newsletter |12 Apr - 18 Apr, 2020 P ublic
O ffering

Market Outlook
The Week That Was the global economy, caused by disruptions in global supply chains, travel and
tourism, and lockdowns in many economies. Domestic production will also be
Index
Indices snap 7-week losing streak
impacted by the nation-wide lockdown. In the near-term, the challenge is to
Indian indices rebounded sharply after 7-week slide as global markets bounced mitigate the adverse impact of COVID-19, the RBI said in its latest monetary Market Outlook
back on initial signs of peaking out of Covid-19 infections in major hotspots like policy report.
Italy and the US. Reports of a second stimulus package focussed on helping
small and medium businesses from the government triggered widespread
Overseas, Japanese Prime Minister Shinzo Abe declared a state of emergency to Cash Market Data
fight new coronavirus infections in major population centers. Abe also unveiled
buying. Nifty regained the psychological 9,000 mark while the Sensex moved
a stimulus package worth 108 trillion yen ($990 billion) equal to 20% of Japan's
above 31,000 level.
economic output to cushion the impact of the epidemic on the world's third-
Market Indicator
In the week ended on Thursday, 9 April 2020, the Sensex jumped 3,568.67 largest economy.
points or 12.93% to settle at 31,159.62. The Nifty 50 index soared 1,028.10
Meanwhile, China lifted travel restrictions in Wuhan, the virus epicenter in Primary Mkt. Updates
points or 12.72% to settle at 9,111.90.
mainland China, effective from Wednesday, marking the end of a lockdown that
The BSE Mid-Cap index rose 1,155.30 or 11.31% to settle at 11,374.35. The BSE began on Thursday, 23 January 2020. Pivot Levels
Small-Cap index gained 884.71 points or 9.40% to settle at 10,293.75.
The Bank of Korea on Thursday kept its benchmark interest unchanged at 0.75%.
The stock exchanges were closed on Monday, 6 April 2020 on account of Gudi
Padwa.
In US, the NFIB survey, a monthly snapshot of small businesses, found that the Next Week Events
optimism index fell in March to 96.4, an 8.1-point decline and the largest
Domestic shares soared on Tuesday, 7 April 2020 amid positive global cues, monthly decline in the survey's history.
buoyed by tentative signs the coronavirus crisis could be slowing. The Technical Recommendations
In Europe, the Bank of England (BoE) has agreed temporarily to finance U.K.
barometer index, the S&P BSE Sensex, spurted 2,476.26 points or 8.97% at
government borrowing if funds cannot immediately be raised from debt
30,067.21. The Nifty 50 index added 708.40 points or 8.76% at 8,792.20.
markets, a measure last seen significantly during the financial crisis.
Key barometers ended the volatile session with minor losses on Wednesday, 8 Particulars Nifty Sensex
The US Federal Reserve on Wednesday, 8 April 2020 released the minutes from
April 2020. The barometer index, the S&P BSE Sensex, lost 173.25 points or
last month's two emergency meetings. The Fed viewed no major economic 52 Wk High 12430.50
0.58% at 29,893.96. The Nifty 50 index fell 43.45 points or 0.49% at 8,748.75. 42273.87
recovery until next year as a worst-case scenario of the coronavirus outbreak.
Stocks surged on Thursday, 9 April 2020, tracking strong global cues. Global The Fed also fretted about a lack of future ammunition to combat economic
stock markets rallied on hopes that governments will roll out more stimulus distress. 52 Wk Low 7610.25 25981.24
measures to support their economies. The barometer index, the S&P BSE
Sensex, surged 1,265.66 points or 4.23% at 31,159.62. The Nifty 50 index soared Close 9112 31160
363.15 points or 4.15% at 9,111.90. Week Ahead
The BSE and the NSE will remain shut on Friday, 10 April 2020 on account of Global cues to be watched
Good Friday. Global cues, movement of rupee against the dollar, Brent crude oil price Currency Update
On the macro front, the IHS Markit India Services Business Activity Index movement and investments by foreign portfolio investors (FPI) and domestic
recorded 49.3 in March, down from February's 85-month high of 57.5. institutional investors (DII) will be tracked in the week ahead. Currency CMP Net Change
According to panel members, business activity was reduced in response to Besides, the spread of coronavirus and its impact on the local and global
weaker demand. The global COVID-19 pandemic reportedly led a fall in new economy will be closely watched. Investors feared that the Covid-19 outbreak USDINR 76.68 -0.03%
orders from clients, particularly overseas. could bring economy to a grinding halt. The number of confirmed cases of the
Meanwhile, rating agency ICRA said that it was expecting the coronavirus to coronavirus worldwide surpassed 1.52 million, resulting in more than 89,000 EURINR 83.22 0.69%
impact India Inc on multiple counts. The fallout of the virus could range from deaths so far.
domestic demand slowdown, supply chain disruptions to foreign exchange rate As per reports, the final decision on extending the 21-day lockdown that is set to
fluctuations, among others. ICRA Ratings on Tuesday sharply cut the country's end on 14 April will be taken after a meeting with all chief ministers on 11 April.
GDP forecast amid the COVID-19 crisis and expects the economy to grow at just
Institutional Activity (Cr.)
India may extend the ongoing national lockdown by 15 days as the government
2% in the current fiscal. It said the nationwide lockdown announced to contain raced to head off the challenge posed by the coronavirus pandemic. FII DII
the coronavirus outbreak has impacted industries and their operations have Stock markets will remain closed on Friday, 10 April 2020 on account of Good
come to a standstill. Friday. Week 4423 -1801
The Reserve Bank of India (RBI) on Thursday, 9 January 2020 said that the global On macroeconomic front, India's industrial production and manufacturing
macroeconomic outlook is overcast with the COVID-19 pandemic, with massive Month (Apr)
production data for February will be declared on Monday, 13 April 2020. 1345 -2025
dislocations in global production, supply chains, trade and tourism. Financial Inflation rate for March will be unveiled on the same day.
markets across the world are experiencing extreme volatility; global
commodity prices, especially of crude oil, have declined sharply. COVID-19 The Reserve Bank of India (RBI) will release the minutes of its monetary policy Year (2020) -85012 78067
would impact economic activity in India directly due to lockdowns, and through meeting after market hours on Friday, 17 April 2020.
second round effects operating through global trade and growth. The impact of The Organization of the Petroleum Exporting Countries (OPEC) and allies
COVID-19 on inflation is ambiguous, with a possible decline in food prices likely including Russia, a group known as OPEC+, are set to convene a video Primary Market Update
to be offset by potential cost-push increases in prices of non-food items due to conference meeting on Thursday. As per reports, the world's largest oil
supply disruptions. producers would agree to cut production at a meeting on Thursday, 9 April 2020 Company Date Price Band
Meanwhile, headline inflation stayed above the upper tolerance band of the as the industry grapples with a coronavirus-driven collapse in global oil demand.
inflation target band during December 2019-February 2020, led by a spike in China will announce inflation rate for March on Friday, 10 April 2020. NA NA NA
vegetable prices. While it has peaked and vegetable prices are on the ebb, the In US, inflation rate for March will be announced on Friday, 10 April 2020.
impact of COVID-19 on inflation is ambiguous relative to that on growth, with a Eyes will turn to the latest data on jobless claims report for the week ended April - - -
possible decline in prices of food items being offset by potential cost-push 4, which is set to be released on 9 April 2020.
increases in prices of non-food items due to supply disruptions.
Euro Area's industrial production data for February will be declared on Thursday,
Aggregate demand is expected to be impacted adversely by likely recession in 16 April 2020.

Sensex Outlook (31159)During the last week Sensex has given a sharp move from 28603 to 31225 and closed above 20 DEMA of 30810. Its support is likely to been seen around 30250 to 29700 and 29200
for next week. Its resistance is likely to be seen around 31500 and 31450 to 31900 for next week.
Nifty Outlook (9112) Indian markets witness smart rebound on the back of short-covering. The Nifty ended with a weekly gain of 12.72%, whereas Bank Nifty has ended 15.45% higher. During the last week
Nifty has given a sharp move from 8361 to 9128 and closed above 20 DEMA of 9005. Its support is likely to been seen around 8990 to 8870 and 8790 for next week. Its resistance is likely to be seen around
Technical View

9190 and 9320 for next week.

Bank Nifty Outlook (19913) During the last week Bank Nifty has made a higher bottom formation and closed above previous resistance of 19600. Its support is likely to been seen around 19500 and 19100
for next week. Its resistance is likely to be seen around 20550 to 20790 for next week.
USDINR Outlook (76.68) During the last week USDINR has made a higher bottom formation and closed above previous top of 76.49. Its immediate support is likely to be seen around 75.90 for next week. If
trades or closes below this level next support around 75.50 to 75.10 for next week. Its resistance is likely o be seen around 77.30 and 77.90 for next week.
EURINR Outlook (83.22) During the last week EURINR has made a higher bottom formation and closed above 20 DEMA of 82.20. Its immediate support is likely to be seen around 82.70 and 82.20 for next
week. Its resistance is likely to be seen around 83.70 and 84.50 for next week.
Dollar Index Outlook (100.17) During the last week DX has made a lower top formation but closed above 20 DEMA of 99.90. Its immediate support is likely to be seen around 99.50 and 98.70 for next week.
Its resistance is likely to be seen around 101.30 and 101.90 for next week.

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Funds Trading Trading Management
 CASH MARKET DATA

Nifty Sensex

9,200 31400
31200
9,100 31000
9,000 30800
30600
8,900 30400
8,800 30200
30000
8,700 29800
29600
8,600
CLOSE 29400 CLOSE
8,500 29200

VIX Turnover (Rs. Cr.)

NSE
52.50
52.00 60000
51.50 58000
51.00 56000
50.50
54000
50.00
49.50 52000
49.00 50000
48.50 CLOSE 48000
48.00

FII/DII (Cr) Advance/Decline

2000 1600 ADVANCE DECLINE
FII DII

1500 1400

1000 1200

500 1000
0 800
-500 600
-1000 400
-1500 200
-2000 0
25
27
29
31
33
35
37
10
20
30
40
50
60
70
80
20
22
24
26
28
30
32
03-Jul-17
03-Sep-17
03-Nov-17
03-Jan-18
03-Mar-18
03-May-18
03-Jul-18
03-Sep-18
03-Nov-18
03-Jan-19

Bank Nifty P/E Ratio

Nifty P/E Ratio

03-Mar-19

Nifty 500 P/E Ratio

03-May-19
03-Jul-19
03-Sep-19
03-Nov-19
03-Jan-20
03-Mar-20

2.2
2.4
2.6
2.8
3.2
3.4
3.6
3.8

2
3

2.4
2.6
2.8
3
3.2
3.4
3.6
3.8
4
03-Apr-17
3
3.1
3.2
3.3
3.4
3.5
3.6
3.7
3.8
3.9
4

03-Jun-17
03-Aug-17
03-Oct-17
03-Dec-17
03-Feb-18
03-Apr-18
03-Jun-18
03-Aug-18
03-Oct-18
03-Dec-18
03-Feb-19
Nifty P/BV Ratio

Bank Nifty P/BV Ratio

03-Apr-19
03-Jun-19

Nifty 500 P/BV Ratio

03-Aug-19
03-Oct-19
03-Dec-19
03-Feb-20
 MARKET MOVEMENT

Index* Close Pre. Day Return % Week Ago Return % Month Ago Return % Year Ago Return %
Apr 09, 2020 Apr 08, 2020 Mar 31, 2020 Mar 06, 2020 Apr 02, 2019
Broad Market Indices :
NIFTY 50 9111.90 8748.75 4.15% 8597.75 5.98% 10989.45 -17.09% 11713.20 -22.21%
NIFTY NEXT 50 22898.85 22139.65 3.43% 21116.25 8.44% 26291.85 -12.91% 28137.00 -18.62%
NIFTY 100 9282.85 8921.30 4.05% 8731.15 6.32% 11119.65 -16.52% 11861.40 -21.74%
NIFTY 200 4718.25 4537.55 3.98% 4433.85 6.41% 5703.60 -17.28% 6115.95 -22.85%
NIFTY 500 7441.65 7161.45 3.91% 6996.75 6.36% 9059.95 -17.86% 9720.80 -23.45%
NIFTY MIDCAP 50 3420.95 3287.80 4.05% 3180.60 7.56% 4380.20 -21.90% 5102.85 -32.96%
NIFTY MIDCAP 50 49.75 52.24 -4.78% 64.41 -22.77% 25.64 93.99% 18.08 175.10%
Sectoral Indices :
NIFTY BANK 19913.60 18946.45 5.10% 19144.00 4.02% 27801.45 -28.37% 30354.25 -34.40%
NIFTY AUTO 5568.45 5043.60 10.41% 4731.30 17.69% 6895.00 -19.24% 8504.30 -34.52%
NIFTY FIN SERVICE 9803.00 9243.45 6.05% 9317.30 5.21% 13082.50 -25.07% 12538.60 -21.82%
NIFTY FMCG 28953.20 28839.90 0.39% 27319.20 5.98% 28937.00 0.06% 30073.15 -3.72%
NIFTY IT 12728.55 12491.55 1.90% 12763.65 -0.27% 15663.45 -18.74% 15988.40 -20.39%
NIFTY MEDIA 1105.45 1064.25 3.87% 1039.95 6.30% 1527.15 -27.61% 2459.45 -55.05%
NIFTY METAL 1705.45 1624.85 4.96% 1585.90 7.54% 2183.90 -21.91% 3089.10 -44.79%
NIFTY PHARMA 8800.45 8412.20 4.62% 7176.50 22.63% 8018.30 9.75% 9296.95 -5.34%
NIFTY PSU BANK 1302.35 1261.25 3.26% 1324.85 -1.70% 1794.80 -27.44% 3425.10 -61.98%
NIFTY PVT BANK 10695.00 10158.40 5.28% 10173.70 5.12% 15259.50 -29.91% 17226.70 -37.92%
NIFTY REALTY 185.75 180.50 2.91% 175.50 5.84% 269.75 -31.14% 273.40 -32.06%
Strategy Indices :
NIFTY DIV OPPS 50 2038.25 1993.55 2.24% 1941.25 5.00% 2291.85 -11.07% 2707.15 -24.71%
NIFTY GROWSECT 15 4878.10 4663.15 4.61% 4521.50 7.89% 5769.85 -15.46% 6126.50 -20.38%
NIFTY50 VALUE 20 4577.90 4493.50 1.88% 4402.50 3.98% 5082.85 -9.93% 5625.85 -18.63%
NIFTY50 TR 2X LEV 3555.35 3283.00 8.30% 3200.10 11.10% 5534.20 -35.76% 6596.45 -46.10%
NIFTY50 PR 2X LEV 2716.05 2508.00 8.30% 2444.65 11.10% 4247.10 -36.05% 5179.45 -47.56%
NIFTY50 TR 1X INV 424.50 442.85 -4.14% 454.75 -6.65% 374.25 13.43% 345.25 22.95%
NIFTY50 PR 1X INV 485.35 506.30 -4.14% 519.95 -6.65% 427.10 13.64% 389.55 24.59%
NIFTY50 DIV POINT 0.00 0.00 #DIV/0! 0.00 #DIV/0! 131.85 - 0.00 #DIV/0!

Thematic Indices :
NIFTY COMMODITIES 2436.60 2355.90 3.43% 2295.05 6.17% 2958.50 -17.64% 3620.65 -32.70%
NIFTY CONSUMPTION 4459.95 4286.45 4.05% 4076.00 9.42% 4841.90 -7.89% 4846.20 -7.97%
NIFTY CPSE 1374.60 1331.15 3.26% 1315.55 4.49% 1545.65 -11.07% 2249.40 -38.89%
NIFTY ENERGY 11987.00 11685.15 2.58% 11124.15 7.76% 13342.60 -10.16% 16523.50 -27.45%
NIFTY INFRA 2520.15 2439.40 3.31% 2360.50 6.76% 2949.55 -14.56% 3249.10 -22.44%
NIFTY100 LIQ 15 2329.80 2196.10 6.09% 2096.70 11.12% 3142.05 -25.85% 4154.55 -43.92%
NIFTY MID LIQ 15 2916.30 2791.70 4.46% 2737.20 6.54% 3846.05 -24.17% 4256.80 -31.49%
NIFTY MNC 11940.60 11592.35 3.00% 11069.30 7.87% 13332.00 -10.44% 13313.70 -10.31%
NIFTY PSE 2330.80 2262.55 3.02% 2214.15 5.27% 2679.65 -13.02% 3575.20 -34.81%
NIFTY SERV SECTOR 12351.85 11785.60 4.80% 11876.80 4.00% 15944.10 -22.53% 16322.65 -24.33%
 WEEKLY CHANGE IN WORLD INDICES

Indices 09.04.2020 03.04.2020 Chg (Pts) % Chg

DOW JONES 23719.37 21052.53 2666.84 12.67%
NASDAQ COMPOSITE 8153.58 7373.08 780.50 10.59%
FTSE 5842.71 5415.50 427.21 7.89%
NIKKEI 19345.77 17820.19 1525.58 8.56%
BOVESPA 77681.94 69537.56 8144.38 11.71%
HANG SENG 24300.33 23236.11 1064.22 4.58%

52 WEEKS HIGH/LOW ALL TIME HIGH/LOW

Scrip Rate H/L Prev H/L on Scrip Rate H/L Prev H/L on
DABUR 514 H 05.03.2020 DABUR 514 H 05.03.2020
SCHAEFFLER 3380 L 23.03.2020 HINDUNILVR 2500 H 08.04.2020
HINDUNILVR 2500 H 08.04.2020 SANOFI 7512.15 H 06.03.2020
SANOFI 7512.15 H 06.03.2020 LEMONTREE 17.5 L 08.04.2020
KALPATPOWR 173.35 L 27.03.2020 GSKCONS 10878 H 08.04.2020
RAMCOCEM 465.05 L 08.04.2020 CHALET 167.5 L 08.04.2020
VTL 607 L 31.03.2020 BIOCON 342.95 H 26.09.2018
MAHSEAMLES 192.35 L 01.04.2020 GRANULES 180 H 19.02.2020
LEMONTREE 17.5 L 08.04.2020 NAVINFLUOR 1555 H 26.02.2020
SHREECEM 16135 L 03.04.2020 QUESS 204 L 25.03.2020

HIGHEST IN OPEN INTEREST

Symbol Expiry Date Last Price Chg (Rs) Chg (%) Open Interest Change in OI Change in OI (%)
IDEA 30-Apr-20 3.3 0.05 1.54% 258426000 2450000 0.96%
IDFCFIRSTB 30-Apr-20 21.95 1.5 7.33% 104496000 -6636000 -5.97%
VEDL 30-Apr-20 77.75 7.1 10.05% 86523500 -707000 -0.81%
SBIN 30-Apr-20 187.7 3.95 2.15% 82050000 3792000 4.85%
ICICIBANK 30-Apr-20 341.1 22.45 7.05% 79560250 1749000 2.25%

LOWEST IN OPEN INTEREST

Change in
Symbol Expiry Date Last Price Chg (Rs) Chg (%) Open Interest Change in OI (%)
OI
MRF 30-Apr-20 60500 3152.55 5.50% 15080 2230 17.35%
GODREJPROP 30-Apr-20 685.55 -6.3 -0.91% 66300 3900 6.25%
BOSCHLTD 30-Apr-20 10215.25 582.8 6.05% 120760 1600 1.34%
PAGEIND 30-Apr-20 17257 414.6 2.46% 130000 25 0.02%
TATACONSUM 30-Apr-20 309.65 14.95 5.07% 143100 0 0.00%
 INCREASE IN OI IN CALLS

Option Strike Last Turnover Premium Open Value of

Symbol Expiry Date
Type Price Price (Lacs Interest Underlying
SUNPHARMA 30-Apr-20 CE 500 16.3 1048.57 11,78,750 452.45
MARUTI 30-Apr-20 CE 5500 250 614.65 93100 5350
SBIN 30-Apr-20 CE 200 9.35 1131.69 40,59,000 187.55
RELIANCE 30-Apr-20 CE 1300 34.85 704.18 8,63,500 1217.75
CIPLA 30-Apr-20 CE 600 40.55 1630.6 4,91,050 580

INCREASE IN OI IN PUTS

Option Strike Last Turnover Premium Open Value of

Symbol Expiry Date
Type Price Price (Lacs Interest Underlying
RELIANCE 30-Apr-20 PE 1200 63.55 1248.42 5,20,000 1217.75
ICICIBANK 30-Apr-20 PE 300 11.45 629.92 13,36,500 342
MARUTI 30-Apr-20 PE 4500 130 447.44 90100 5350
SBIN 30-Apr-20 PE 180 10.75 922.42 33,27,000 187.55
INDUSINDBK 30-Apr-20 PE 400 63.05 513.41 2,93,200 394.5
 LEVELS FOR NIFTY STOCKS
Security Name HBP 2R 1R CLOSE ATP 1S 2S LBP Up/Down
ADANI PORTS 262.33 258.47 255.18 251.90 251.32 248.03 244.17 240.88 UP
ASIAN PAINTS 1740.47 1709.68 1680.52 1651.35 1649.73 1620.57 1589.78 1560.62 UP
AXIS BANK 453.57 438.28 429.22 420.15 413.93 404.87 389.58 380.52 UP
BAJAJ AUTO 2779.02 2651.98 2543.97 2435.95 2416.93 2308.92 2181.88 2073.87 UP
BAJAJ FINANCE 2822.02 2694.08 2622.97 2551.85 2495.03 2423.92 2295.98 2224.87 UP
BAJAJ FINSERV 5077.50 4962.75 4891.50 4820.25 4776.75 4705.50 4590.75 4519.50 UP
BHARAT PETROLEUM 372.02 364.33 354.62 344.90 346.93 337.22 329.53 319.82 DOWN
BHARTI AIRTEL 518.30 505.30 497.00 488.70 484.00 475.70 462.70 454.40 UP
BHARTI INFRATEL 182.68 178.97 176.43 173.90 172.72 170.18 166.47 163.93 UP
CIPLA LTD 651.07 630.53 605.07 579.60 584.53 559.07 538.53 513.07 DOWN
COAL INDIA 145.62 143.53 142.17 140.80 140.08 138.72 136.63 135.27 UP
DR REDDY`S LABOR 3973.43 3891.72 3756.63 3621.55 3674.92 3539.83 3458.12 3323.03 DOWN
EICHER MOTORS 15021.65 14533.90 14138.10 13742.30 13650.35 13254.55 12766.80 12371.00 UP
GAIL INDIA 93.13 91.72 89.73 87.75 88.32 86.33 84.92 82.93 DOWN
GRASIM INDUSTRIE 582.12 564.78 547.67 530.55 530.33 513.22 495.88 478.77 UP
HCL TECHNOLOGIES 498.37 489.68 479.37 469.05 470.68 460.37 451.68 441.37 DOWN
HDFC BANK 981.53 956.22 940.63 925.05 915.32 899.73 874.42 858.83 UP
HDFC LTD 1876.48 1795.57 1749.33 1703.10 1668.42 1622.18 1541.27 1495.03 UP
HERO MOTOCORP 2212.27 2112.83 2051.87 1990.90 1952.43 1891.47 1792.03 1731.07 UP
HINDALCO INDUSTR 117.57 113.28 110.42 107.55 106.13 103.27 98.98 96.12 UP
HINDUSTAN PETROL 228.37 220.08 213.97 207.85 205.68 199.57 191.28 185.17 UP
HINDUSTAN UNILEV 2621.50 2560.75 2466.50 2372.25 2405.75 2311.50 2250.75 2156.50 DOWN
ICICI BANK 373.27 359.13 350.92 342.70 336.78 328.57 314.43 306.22 UP
INDIABULLS HOUSI 103.47 101.93 100.12 98.30 98.58 96.77 95.23 93.42 DOWN
INDUSIND BANK 459.93 442.47 418.93 395.40 401.47 377.93 360.47 336.93 DOWN
INFOSYS LTD 669.37 661.08 648.67 636.25 640.38 627.97 619.68 607.27 DOWN
IOC LTD 86.80 85.50 84.45 83.40 83.15 82.10 80.80 79.75 UP
ITC LTD 193.92 190.08 187.67 185.25 183.83 181.42 177.58 175.17 UP
JSW STEEL 183.53 176.77 171.53 166.30 164.77 159.53 152.77 147.53 UP
KOTAK MAHINDRA B 1397.13 1339.17 1306.03 1272.90 1248.07 1214.93 1156.97 1123.83 UP
LARSEN & TOUBRO 859.92 847.13 829.97 812.80 817.18 800.02 787.23 770.07 DOWN
MAHINDRA & MAHIN 463.82 427.73 404.57 381.40 368.48 345.32 309.23 286.07 UP
MARUTI SUZUKI 6234.50 5816.75 5571.70 5326.65 5153.95 4908.90 4491.15 4246.10 UP
NTPC LTD 91.58 89.97 88.53 87.10 86.92 85.48 83.87 82.43 UP
ONGC LTD 79.62 78.63 77.97 77.30 76.98 76.32 75.33 74.67 UP
POWER GRID CORPO 176.33 171.52 167.98 164.45 163.17 159.63 154.82 151.28 UP
RELIANCE INDUSTR 1277.30 1255.05 1237.50 1219.95 1215.25 1197.70 1175.45 1157.90 UP
STATE BANK OF IN 197.03 193.52 190.63 187.75 187.12 184.23 180.72 177.83 UP
SUN PHARMACEUTIC 501.60 487.75 471.10 454.45 457.25 440.60 426.75 410.10 DOWN
TATA MOTORS 84.68 80.47 77.53 74.60 73.32 70.38 66.17 63.23 UP
TATA STEEL 302.37 295.98 290.42 284.85 284.03 278.47 272.08 266.52 UP
TCS LTD 1833.83 1806.32 1786.23 1766.15 1758.72 1738.63 1711.12 1691.03 UP
TECH MAHINDRA 617.93 600.32 572.78 545.25 555.17 527.63 510.02 482.48 DOWN
TITAN COMPANY 1192.77 1118.38 1066.12 1013.85 991.73 939.47 865.08 812.82 UP
ULTRATECH CEMENT 3549.03 3469.42 3417.73 3366.05 3338.12 3286.43 3206.82 3155.13 UP
UPL LTD 349.67 341.03 330.02 319.00 321.38 310.37 301.73 290.72 DOWN
VEDANTA LTD 82.97 80.13 78.47 76.80 75.63 73.97 71.13 69.47 UP
WIPRO LTD 209.32 206.13 201.42 196.70 198.23 193.52 190.33 185.62 DOWN
YES BANK 26.10 25.70 25.30 24.90 24.90 24.50 24.10 23.70 DOWN
ZEE ENTERTAINMEN 158.73 155.02 152.43 149.85 148.72 146.13 142.42 139.83 UP
 NEXT WEEK MAJOR ECONOMIC EVENTS

Time Cur. Imp. Event Forecast Previous

Monday, April 13, 2020
17:30:00 INR CPI (YoY) (Mar) 5.93% 6.58%
17:30:00 INR Cumulative Industrial Production (Feb) 0.50%
17:30:00 INR Industrial Production (YoY) (Feb) 0.70% 2.00%
17:30:00 INR Manufacturing Output (MoM) (Feb) 1.50%
All Day Holiday United Kingdom - Easter Monday
All Day Holiday Germany - Easter Monday
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Tuesday, April 14, 2020
All Day Holiday India - Dr.Baba Saheb Ambedkar Jayanti
12:00:00 INR WPI Food (YoY) (Mar) 7.79%
12:00:00 INR WPI Fuel (YoY) (Mar) 3.38%
12:00:00 INR WPI Inflation (YoY) (Mar) 2.00% 2.26%
12:00:00 INR WPI Manufacturing Inflation (YoY) (Mar) 0.42%
Wednesday, April 15, 2020
18:00:00 USD Core Retail Sales (MoM) (Mar) -3.00% -0.40%
18:00:00 USD Retail Sales (MoM) (Mar) -7.00% -0.50%
19:30:00 CAD BoC Monetary Policy Report
19:30:00 CAD BoC Interest Rate Decision 0.25%
20:00:00 USD Crude Oil Inventories 9.271M 15.177M
20:45:00 CAD BOC Press Conference
Thursday, April 16, 2020
07:00:00 AUD Employment Change (Mar) -40.0K 26.7K
13:30:00 EUR German Ifo Business Climate Index (Apr) 86.1
18:00:00 USD Building Permits (Mar) 1.300M 1.452M
18:00:00 USD Philadelphia Fed Manufacturing Index (Apr) -30 -12.7
Friday, April 17, 2020
All Day Holiday Greece - Orthodox Good Friday
07:00:00 AUD Retail Sales (MoM) 0.50%
07:30:00 CNY GDP (YoY) (Q1) -6.00% 6.00%
07:30:00 CNY Industrial Production (YoY) (Mar) -5.60% -13.50%
14:30:00 EUR CPI (YoY) (Mar) 0.70% 0.70%
 COPRPORATE ACTION

BC
Record BC End
Symbol Series Face Value(Rs.) Purpose Ex-Date Start
Date Date
Date
16-Apr- 17-Apr-
CORALFINAC EQ 2 Buy Back - -
20 20

16-Apr- 17-Apr-
GSKCONS EQ 10 Merger - -
20 20

PRIMARY MARKET UPDATES

Company Issue Size (Cr) Open Close Offer Price (Rs)

NA NA NA NA NA
 MCX OPTION STRATEGY

CRUDE OIL : Sell Apr Put option strike of 1600 at CMP 47 and in range of 2010 to 1950.
Maximum Profit : Put Premium
Maximum loss : Unlimited
Stop Loss : Exit in Put option if Crude Oil price goes above 1750.

TECHNICAL PICKS – COMMODITY

MCX CPO ARR (SELL):

CPO has made a lower top formation and closed below 200
DEMA of 653. Traders can sell and sell on bounce with SL 657
for a target of 641/635.

CMP :649

TARGET : 641/635

STOP LOSS : 657

TECHNICAL PICKS – EQUITIES

HDFC BANK (BUY) :

Stock has broken trend line resistance of 920 with
wi higher
bottom formation and closed above 20 DEMA of 923. It
is likely to go up to 945/960.

CMP : 925
TARGET : 945/960
STOP LOSS: 905

INFO EDGE (SELL):

Info Edge has made a lower top formation and closed
below 200 DEMA of 2339. It is likely to correct up to
2190/2170. Traders can initiate sell on rise strategy.

CMP : 2241
TARGET : 2190/2170
STOP LOSS : 2290
 Address:
th
4 Floor, Baid House, 1, Tara Nagar,
Ajmer Road, Jaipur - 302006,
Tel. Ph. 0141- 4050515
Email- research@tradeswift.net

SEBI Reg. No. : INB 231248536/ INB 011248532/INE 261248536 NSE Code No. : 12485, BSE Code No. : 6284, MCXSX Code No.: 47000, FMC Reg. No. : NCDEX/TCM/Corp/0278,
NCDEX TM ID: 00142, FMC Reg. No. : MCX/TCM/Corp/0853, MCX TM ID: 10790
-------------------------------------------------------------------------------------------------------------------------------------------------------
Disclaimer:
This Document has been prepared by Tradeswift Broking Pvt. Ltd., for use by the recipient only and not for circulation. The information and opinions contained in the document
have been complied from sources believed to be reliable. Tradeswift Broking Pvt. Ltd., does not warrant its accuracy, completeness and correctness.This report is for your guidance
only. Tradeswift Broking Pvt. Ltd. Or any of its director/employee/signatories or any other person will not be responsible for any trade done based on the report mentioned above.
Tradeswift Broking Pvt. Ltd has no personal trading interest in any of the scrips detailed above. Trading in commodities is facilitated through associate companies : Tradeswift
Commodities Private Limited (NCDEX) and Tradeswift Derivatives Private Limited (MCX)
Agri Commodities
LTP as on
Commodity Month Strategy Resistance Support Technical Comments
09.04.2020

Buy around
It has made a lower top formation and closed below 200 DEMA of
support levels
4201. Traders can sell on rise with SL 4210. Above this level it can go
Chana May 4121 and sell near 4190/4250 4090/4050
up to around 4250. It can also correct from this level. Near support
resistance
levels it can give some bounce.
levels

Buy around
It has made a higher bottom formation and closed above 20 DEMA of
support levels
5490/5390/ 5390. Traders can buy on declines with SL 5370. Below this level it
Guar Gum May 5647 and sell near 5790/5850/5950
5270 can correct up to around 5270. It can also bounce from this level.
resistance
Near resistance levels it can give some correction
levels

Buy around
It has made a higher bottom formation and closed above 20 DEMA of
support levels
3450. Traders can buy on declines near suport levels with SL 3430.
Guar Seed May 3576 and sell near 3630/3750 3490/3430
Traders can also sell on bounce with SL 3630. If it sustain above this
resistance
level it can go up to around 3750.
levels

Buy around
support levels It has made a higher bottom formation and closed above 20 DEMA of
Jeera May 14160 and sell near 14500/14950 13800/13500 13790. Traders can buy on declines with SL 13750. Near resistance
resistance levels it can give some correction.
levels
 Buy around
It has made a higher bottom formation and closed above 50 DEMA of
support levels
3750/3710/ 3790.Traders can buy on declines with SL 3710. Closes below this
Soyabean May 3820 and sell near 3870/3950/ 4030
3590 level it can correct up to around 3590. It can also bounce from this
resistance
level. It can also correct from resistance levels.
levels

Buy around It has made a higher bottom formation and closes above 20 DEMA of
support levels 4010. Traders can buy on declines with SL 4010. Below this level it
RMSeed May 4059 and sell near 4090/4130 4010 can correct up to around 3950 to 3890. It can also correct from
resistance resistance levels. Closes above 4130 It can go up to around 4190 to
levels 4250.

It has made a lower top formation and closed below 100 DEMA of
Sell on rise and
805. Traders can sell on rise with near SL of 795. Above this level it
Soya Oil Ref. May 783 buy near 795/805/810 770/765
can go up to around 805 to 810. It can also correct from these levels.
support levels
Near support levels it can give some bounce.

It has made a lower top formation and closed below 200 DEMA of
Sell on rise and
2070. Traders can sell on rise with near SL of 2090. Above this level it
Cocud(N) May 1993 buy near 2070/2090 1950/1890
can go up to around 2150. It can also correct from these levels. Near
support levels
support levels it can give some bounce.

Buy around
It has made a higher bottom formation and closed above 50 DEMA of
support levels
6070/5990/ 6070. Traders can buy on declines with SL 6070. Below this level it
Dhania May 6280 and sell near 6370/6550
5930 can correct up to around 5990 to 5930. It can also bounce from this
resistance
level. Near resistance levels it can give some correction.
levels
 Buy around
It has made a higher bottom formation and closes above 20 DEMA of
support levels
5770. Traders can buy on declines with SL 5750. Below this level it
TMC May 5972 and sell near 6150/6230 5850/5770
can correct up to around 5690 to 5650. It can also correct from
resistance
resistance levels.
levels

It has made a higher bottom formation and closes above 20 DEMA of

Sell on rise and
1175. Traders can buy on correction with SL 1170. Below this level it
Mentha oil (MCX) Apr 1195 buy near 1220/1250 1170/1150
can correct up to around 1150. It can also bounce this level. It can
support levels
also correct from resistance levels.

It has made a lower top formation and closed below 200 DEMA of
Sell on rise and
653. Traders can sell on rise near resistance levels with SL 660. Above
CPO (MCX) Apr 649 buy near 660/670/680 640/625
this level it can go up to around 670 to 675. It can also correct from
support levels
these levels. Near support levels it can give some bounce.

It has made a lower top formation and closed below 20 DEMA of

1890/1830/ 2210. Traders can sell on rise with near SL of 2220. Coses above this
Cardamom Apr 2049 Sell on rise 2230/2370
1750 level it can go up to around 2370. It can also correct from this level.
Near support levels it can give some bounce.
Non - Agri Commodities

LTP as on
Commodity Month Strategy Resistance Support Technical Comments
09.04.2020

Buy around
Gold has made a higher bottom formation and closed above 20 DEMA of
support levels 44900/
45500/45900/ 43100. Traders can buy on declines with near SL of 44900. Below this level
Gold Jun 45294 and sell near 43900/
46300/ 46900 it can correct up to around 44200 to 43900. It can also bounce from these
resistance 43100
levels. Near resistance levels it can give some correction.
levels

Buy around
Silver has made a higher bottom formation and closed above 20 DEMA of
support levels 42700/
43900/44500/ 41500. Traders can buy on declines with SL 42700. Below this level it can
Silver May 43370 and sell near 41900/
44900 correct up to around 41900 to 41500. It can also bounce from these levels.
resistance 41500
Near resistance levels it can give some correction.
levels

Buy around
support levels Copper has made a higher bottom formation and closed above 20 DEMA
Copper Apr 392 and sell near 395/401/405 387/382 of 389. Traders can buy on correction with SL 387. Below this level it can
resistance correct up to around 382. It can also correct from resistance levels.
levels

It has made a lower top formation and closed below 20 DEMA of 134.75.
Sell on rise and
Traders can sell on rise with SL 135. Above this level it can go up to
Aluminum Apr 133 buy near 135/137 131/130
around 137. It can also correct from this level. Near support levels it can
support levels
give some bounce.
 It has made a lower top formation and closed below 20 DEMA of 137.50.
Traders can sell on rise near resistance levels with SL of 137.50. Above
Lead Apr 135.7 Sell on rise 137/140 133/130
this level it can go up to around 140 to 141. It can also correct from these
levels. Near support levels it can give some bounce.

Buy around
It has made a higher bottom formation and closed above 20 DEMA of
support levels
147. Traders can buy on correction near support levels with SL 146. Below
Zinc Apr 149 and sell near 153/155 147/146
this level it can correct up to around 143. It can also correct from
resistance
resistance levels.
levels

Buy around
It has made a higher bottom formation and closed above 20 DEMA of
support levels
875. Traders can buy on correction near support levels with SL 870. Below
Nickel Apr 890 and sell near 905/910 870/850
this level it can correct up to around 850. It can also correct from
resistance
resistance levels.
levels

Buy around
It has made a higher bottom formation but closed below 20 DEMA of
support levels
2110. Traders can sell on bounce with SL 2130. Above this level it can go
Crude Oil Apr 2080 and sell near 2130/2320/2550 2010/1930
up to around 2320. It can also correct from this level. It can also bounce
resistance
form support levels.
levels

Buy around
support levels It has made a higher bottom formation and closed above 20 DEMA of
Natural Gas Apr 137 and sell near 143/150 135/130 130. Traders can buy on correction with SL 130. Traders can also sell on
resistance bounce near resistance levels and consider near resistance level as SL.
levels