Weekly Newsletter | 15 Feb - 22 Feb, 2020th th

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Market Outlook

The Week That Was

The Sensex and Nifty both ended with minor gains in the week gone by on steady

buying demand in index pivotals. The secondary indices underperformed the key

benchmark indices as both the BSE Mid Cap and BSE Small Cap indices shed over 1%.

In the week ended on Friday, 14 February 2020, the Sensex gained 115.89 points or

0.28% to settle at 41,257.74. The Nifty 50 index added 15.10 points or 0.12% to settle at

12,113.45. The BSE Mid-Cap index shed 242.61 or 1.53% to settle at 15,662.10. The BSE

Small-Cap index slumped 157.68 points or 1.06% to settle at 14,682.65.

Key equity market benchmarks ended with minor cuts on Monday, 11 February 2020.

The Nifty managed to close above the crucial 12,000 mark. Sentiment was weak amid

ongoing concerns around the coronavirus outbreak in China. The barometer BSE S&P

Sensex fell 162.23 points or 0.39% to 40,979.62. The Nifty 50 index lost 66.85 points or

0.55% to 12,031.50.

The domestic stock market advanced on Tuesday, 11 February 2020 led by positive

global cues. Global shares edged higher as some Chinese factories slowly resumed

operations amid the national fight against the novel coronavirus outbreak. The

barometer BSE S&P Sensex rose 236.52 points or 0.58% to 41,216.14. The Nifty 50 index

added 76.40 points or 0.63% to 12,107.90.

Domestic barometers advanced on Wednesday, 12 February 2020 on the back of buying

in heavyweights. The momentum was supported by positive global shares as concerns

over the ongoing coronavirus outbreak abated. The barometers S&P BSE Sensex,

gained 349.76 points or 0.85% at 41,565.90. The Nifty 50 index jumped 93.30 points or

0.77% at 12,201.20.

Key market barometers ended with small losses on Thursday, 13 February 2020. While

private banks dragged the indices lower, gains in IT shares provided support.

Trading was volatile due to expiry of weekly index options on the NSE. The barometer

S&P BSE Sensex, was down 106.11 points or 0.26% at 41,459.79.

The Nifty 50 index lost 26.55 points or 0.22% at 12,174.65.

On Friday, 14 February 2020, Key benchmark indices ended lower, dragged by weakness

in banks stocks. The barometer S&P BSE Sensex, declined 202.05 points or 0.49% at

41,257.74. The Nifty 50 index lost 61.20 points or 0.50% at 12,113.45.

On macro economic front, Ratings agency S&P Global on Thursday reaffirmed India's

long-term rating at 'BBB-' with a stable outlook, saying the country's growth will be

strong. The rating agency further added that India will maintain its sound net external

position, and its fiscal deficits will remain elevated but broadly in line within forecasts

over the next two years.

S&P expects that the economy will continue to outperform peers at a similar level of

income, despite a recent slowdown in real GDP growth. It also said that the supportive

monetary, fiscal, and cyclical factors should support economic recovery, with real GDP

growth averaging 7.1% in fiscals 2020-2024.

S&P further added that the upward pressure on the ratings could build if the

government significantly curtails its fiscal deficits, resulting in lower net indebtedness

at the general government level. On the other hand, downward pressure on the ratings

could emerge if India's GDP growth falls well below their forecasts, net general

government deficits rise further from their currently elevated levels and or political

developments materially undermine economic reform momentum.

India's Industrial Production (IIP) shrank 0.3% to 133.5 in December 2019 over

December 2018. Manufacturing sector output declined by 1.2%.

Consumer price inflation in January rose to 7.59%, holding around six-year top. CPI

rural inflation rose to 7.73% versus 7.23% in December.

January core inflation also surged to 4.8% versus 3.7% in December.

The Wholesale Price Index (WPI)-based inflation, base year 2011-12, continued to

accelerate higher for third straight month to 9-months high of 3.1% in January 2020,

showing further increase from 2.6% in December 2019, 0.6% in November 2019 and 0%

in October 2019.

The Society of Indian Automobile Manufacturers (SIAM) announced the sales figures

for January 2020. Domestic passenger vehicle sales declined 6.2% to 2,62,714 units in

January from 2,80,091 units in the year-ago month. Motorcycle declined by 15.17% to

8,71,886 units in January 2020 from 10,27,766 units a year earlier. Total two-wheeler

sales in January fell 16.06% to 13,41,005 units as compared to 15,97,528 units in the

same month last year. Sales of commercial vehicles were down 14.04% to 75,289 units

in January 2020 over January 2019.

On Friday, 14 February 2020, the Supreme Court of India slammed telecom companies

Tech

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Sensex Outlook (41257)

Nifty Outlook (12113)

Bank Nifty Outlook ( 30835)

USDINR Outlook (71.43)

EURINR Outlook (77.52 )

Dollar Index Outlook (99.03)

During the last week Sensex faced previous resistance of 41700 and given a correction from 41697 to 41183. Its 50 DEMA support is at 40990. Trades or closes below this level next support is likely to be seen around

40500 to 40450. Its resistance is likely to be seen around 12170 to 12250 for next week.

has made a low of 39563 and took support above 200 DEMA of 39331and given a very sharp recovery up to 41405. Its immediate support is likely to be seen around 40900 to 40500 for next week. Its resistance is likely to be seen around

41450 to 41750 for next week.

Markets traded with a negative throughout the day as across the board selling pressure weighed in. Bank Nifty index underperformed Nifty index by 0.75% with both the indices closing in the red. During the last

week Nifty has made a high of 12247 and given a correction from this level up to12091. Its 50 DEMA support is at 12070. Trades or closes below this level next support is likely to be seen around 11930 to 11820. Its resistance is likely to be

seen around 12170 to 12250 for next week.

During the last week Bank Nifty has made a high of 31650 and given a correction from this level up to 30776. Its 50 DEMA support is at 30810. Trades or closes below this level next support is likely to be seen

around 30450 to 30100. Its resistance is likely to be seen around 31200 to 31450 for next week.

During the last week USDINR has made a higher bottom formation and closed above 20 DEMA of 71.40. Its immediate support is likely to be seen around 71.30 and 71.10 for next week. Its resistance is likely to be

seen around 71.90 and 72.30 for next week.

During the last week EURINR has made a lower top formation and closed below 20 DEMA of 78.55. Its immediate support is likely to be seen around 77.20 and 76.50 for next week. Its resistance is likely to be seen

around 78.20 and 78.50 for next week.

During the last week DX has given a sharp move from 98.50 to 99.05 and closed near previous top of 99.30. Its immediate support is likely to be seen around 98.50 and 97.90 for next week. Its resistance is likely

to be seen around 99.50 and 99.90 for next week.

Equities Commodities Demat IPOs ResearchMutual

Funds

Currencies Training Algorithmic

TradingMobile

Trading

Wealth

Management

for not paying dues worth thousands of crores to the government and summoned their

top executives to explain why they did not follow the court's order to pay up. The apex

court also hit out on a government officer who issued an order saying the recovery

order of the adjusted gross revenue (AGR) won't be operational.

The SC directed telecom providers to pay their AGR dues to department of

telecommunications (DoT) by the next court hearing on 17 March 2020. A bench

comprising Justices Arun Mishra, Abdul Nazeer and M R Shah had assembled today to

hear a batch of fresh petitions filed by telecom companies seeking more time for

payment of AGR dues.

The court made scathing observations on the conduct of the telecom companies as well

as the DoT for ignoring its 24 October verdict that had directed the firm to pay AGR dues

to DoT by 23 January 2020.

The pleas filed by Vodafone Idea, Bharti Airtel, and Tata Teleservices had sought more

time for payment of AGR related dues.

Overseas, China's producer price index gained 0.1% in January. Consumer prices rose

5.4% year-on-year, rising the fastest in more than eight years last month, with the

outbreak of the coronavirus and subsequent shutdowns of transport links across the

country.

Changyong Rhee, director of the IMF's Asia and Pacific Department, reportedly said

that China has room to inject fresh stimulus into its economy if the coronavirus crisis

hurts growth.

In United States, Federal Reserve Chairman Jerome Powell reportedly said that the US

economy appears durable, with steady growth and unemployment near a half-century

low, but faces risks from the broadening viral outbreak that began in China.

The Fed is monitoring developments stemming from the coronavirus, Powell

reportedly added, which he cautioned "could lead to disruptions in China that spill over

to the rest of the global economy."

Powell also reportedly said that the Fed is content with where interest rates are,

suggesting that no further rate cuts would be contemplated unless economic

conditions were to change significantly. Since last fall, the Fed has kept its benchmark

short-term rate in a low range of 1.5% to 1.75%, well below levels typical during

previous economic expansions.

The US Fed said it would shrink repo operations starting with Friday's overnight offering.

The Fed has been conducting repo offerings and Treasury-bill purchases in a bid to keep

control of shortterm interest rates and bolster bank reserves. The efforts had calmed

markets since a September spike. Treasuries trimmed their gains for the day.

US consumer price index inched up by 0.1% in January after rising by 0.2% in December,

with higher prices for food and shelter offsetting a steep drop in gasoline prices, the

Labor Department reported on Thursday. The uptick in consumer prices was primarily

due to an increase in shelter costs, which climbed by 0.4% in January.

Macroeconomic data, trend in global markets, the movement of rupee against the

dollar and crude oil price movement will influence market direction in truncated

trading week ahead. Inflows from foreign portfolio investors (FPIs) and domestic

institutional investors (DIIs) will also be closely watched.

Local stock markets will remain closed on Friday, 21 February 2020 on account of

Mahashivratri.

The Reserve Bank of India (RBI) will release the minutes of its monetary policy meeting

on Thursday, 20 February 2020. The Reserve Bank of India had held its repo rate at

which it lends to banks at 5.15% during its February meeting, saying it was maintaining

an accommodative stance to support growth amid rising inflationary pressure.

Overseas, Japan will announce its Q4 economic growth preliminary estimate on

Monday, 17 February 2020. Industrial production data for December will also be

announced on the same day.

In United States, the Federal Open Market Committee Meeting (FOMC) will on

Thursday, 20 February 2020 unveil minutes of the meeting held in January 2020.

US Markit manufacturing PMI and Markit services PMI for February will be announced

on Friday, 21 February 2020.

In Europe, the Euro Area consumer confidence data for February will be declared on

Thursday, 20 February 2020.

Week Ahead

Market Outlook

Cash Market Data

Market Indicator

Primary Mkt. Updates

Pivot Levels

Next Week Events

Technical Recommendations

Index

Particulars Nifty Sensex

52 Wk High

52 Wk Low

12430.50

10585.65

12113.45

42273.87

35287.16

41257.74Close

USDINR 71.43 -0.13 %

EURINR 77.52 -1.21 %

Currency Update

CMP Net ChangeCurrency

Week -792.91 11.31

Month (Feb) -2975.81 2324.61

Institutional Activity (Cr.)

FII DII

Year (2020) -10927.89 9083.96

- - -

- - -

Date Price Band

Primary Market Update

Company

12000

12050

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CLOSE

12.80

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14.00

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14.40

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Nifty

VIX

FII/DII (Cr)

-1000

-500

0

500

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1500 FII

CLOSE406004070040800409004100041100412004130041400415004160041700

CLOSE

CASH MARKET DATA

Sensex

Turnover (Rs. Cr.)

Advance/Decline

FII DII

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ADVANCE DECLINE

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Nifty P/E Ratio Nifty P/BV Ratio

Bank Nifty P/E Ratio Bank Nifty P/BV Ratio

Nifty 500 P/E Ratio Nifty 500 P/BV Ratio

MARKET MOVEMENT

Index* Close Pre. Day Return % Week Ago Return % Month Ago Return % Year Ago Return

%

14-Feb-20 13-Feb-20 7-Feb-20 17-Jan-20 8-Feb-19

Broad Market Indices : NIFTY 50 12113.45 12174.65 -0.50% 12098.35 0.12% 12352.35 -1.93% 10943.60 10.69%

NIFTY NEXT 50 28501.05 28807.60 -1.06% 29046.45 -1.88% 29034.85 -1.84% 26536.60 7.40%

NIFTY 100 12230.45 12301.75 -0.58% 12249.25 -0.15% 12471.15 -1.93% 11094.10 10.24%

NIFTY 200 6272.10 6310.25 -0.60% 6295.75 -0.38% 6385.45 -1.78% 5699.05 10.06%

NIFTY 500 9961.05 10017.75 -0.57% 10000.75 -0.40% 10118.70 -1.56% 9036.90 10.23%

NIFTY MIDCAP 50 4887.55 4930.15 -0.86% 5015.45 -2.55% 4986.55 -1.99% 4568.75 6.98%

NIFTY MIDCAP 50 13.62 13.37 1.83% 13.75 -0.96% 14.13 -3.63% 15.57 -

12.54%

Sectoral Indices : NIFTY BANK 30834.80 31230.25 -1.27% 31201.95 -1.18% 31590.65 -2.39% 27294.40 12.97%

NIFTY AUTO 7822.20 7914.90 -1.17% 8064.60 -3.01% 8427.60 -7.18% 8420.35 -7.10%

NIFTY FIN SERVICE 14477.45 14578.85 -0.70% 14502.40 -0.17% 14561.80 -0.58% 11540.25 25.45%

NIFTY FMCG 30646.75 31039.30 -1.26% 30809.50 -0.53% 31371.45 -2.31% 29769.05 2.95%

NIFTY IT 16642.75 16673.05 -0.18% 16470.15 1.05% 16356.60 1.75% 16019.80 3.89%

NIFTY MEDIA 1832.50 1834.85 -0.13% 1827.25 0.29% 1870.10 -2.01% 2214.35 -

17.24%

NIFTY METAL 2613.60 2651.60 -1.43% 2710.80 -3.59% 2864.65 -8.76% 2740.50 -4.63%

NIFTY PHARMA 8331.70 8335.70 -0.05% 8341.85 -0.12% 8345.30 -0.16% 8984.85 -7.27%

NIFTY PSU BANK 2211.20 2256.30 -2.00% 2313.20 -4.41% 2451.85 -9.82% 2895.80 -

23.64%

NIFTY PVT BANK 16871.45 17083.00 -1.24% 17181.50 -1.80% 17444.35 -3.28% 15493.50 8.89%

NIFTY REALTY 310.30 313.80 -1.12% 320.30 -3.12% 324.15 -4.27% 226.65 36.91%

Strategy Indices : NIFTY DIV OPPS 50 2504.25 2530.45 -1.04% 2529.30 -0.99% 2580.10 -2.94% 2565.60 -2.39%

NIFTY GROWSECT 15 6281.45 6352.70 -1.12% 6301.40 -0.32% 6471.10 -2.93% 6230.35 0.82%

NIFTY50 VALUE 20 5524.15 5567.35 -0.78% 5517.15 0.13% 5584.85 -1.09% 5352.50 3.21%

NIFTY50 TR 2X LEV 6751.95 6821.50 -1.02% 6742.70 0.14% 7059.60 -4.36% 5798.05 16.45%

NIFTY50 PR 2X LEV 5191.85 5245.30 -1.02% 5184.75 0.14% 5430.30 -4.39% 4569.45 13.62%

NIFTY50 TR 1X INV 339.90 338.15 0.52% 340.05 -0.04% 332.75 2.15% 367.40 -7.49%

NIFTY50 PR 1X INV 387.55 385.60 0.51% 387.75 -0.05% 379.35 2.16% 413.75 -6.33%

NIFTY50 DIV POINT 120.55 120.55 0.00% 120.55 0.00% 118.39 - 122.04 -1.22%

Thematic Indices : NIFTY COMMODITIES 3342.50 3360.70 -0.54% 3405.20 -1.84% 3516.05 -4.94% 3196.15 4.58%

NIFTY CONSUMPTION 5149.70 5172.50 -0.44% 5160.70 -0.21% 5161.30 -0.22% 4832.25 6.57%

NIFTY CPSE 1649.05 1688.15 -2.32% 1724.20 -4.36% 1938.10 -14.91% 1932.55 -

14.67%

NIFTY ENERGY 15048.65 15191.25 -0.94% 15189.95 -0.93% 16077.65 -6.40% 15013.65 0.23%

NIFTY INFRA 3279.90 3281.85 -0.06% 3292.80 -0.39% 3359.85 -2.38% 2884.50 13.71%

NIFTY100 LIQ 15 3638.00 3689.95 -1.41% 3710.55 -1.96% 3792.15 -4.06% 3563.60 2.09%

NIFTY MID LIQ 15 4263.75 4294.40 -0.71% 4396.60 -3.02% 4315.80 -1.21% 3835.20 11.17%

NIFTY MNC 14076.95 14251.35 -1.22% 14219.95 -1.01% 14146.85 -0.49% 13189.25 6.73%

NIFTY PSE 2977.85 3029.95 -1.72% 3097.00 -3.85% 3233.30 -7.90% 3133.10 -4.96%

NIFTY SERV SECTOR 17479.85 17584.90 -0.60% 17484.60 -0.03% 17596.10 -0.66% 15160.15 15.30%

WEEKLY CHANGE IN WORLD INDICES

Indices 14.02.2020 07.02.2020 Chg (Pts) % Chg

DOW JONES 29398.08 29102.51 295.57 1.02%

NASDAQ COMPOSITE 9731.18 9520.51 210.67 2.21%

FTSE 7409.13 7466.7 -57.57 -0.77%

NIKKEI 23687.59 23827.98 -140.39 -0.59%

BOVESPA 114380.7 113770.3 610.40 0.54%

HANG SENG 27815.6 27404.27 411.33 1.50%

52 WEEKS HIGH/LOW ALL TIME HIGH/LOW

Scrip Rate H/L Prev H/L on Scrip Rate H/L Prev H/L on

HDFC 2452.3 H 14-Jan-20 APOLLOHOSP 1678.5 H 3-Feb-20

HINDUNILVR 2172 H 4-Feb-20 ASIANPAINT 1876.5 H 4-Feb-20

IPCALAB 1269 H 31-Jan-20 ATUL 4970.6 H 6-Feb-20

ORIENTELEC 252.2 H 6-Feb-20 BAJAJHLDNG 3845 H 5-Feb-20

HONAUT 34890 H 5-Feb-20 TIINDIA 537.9 H 16-Jan-20

TATAGLOBAL 404 H 5-Feb-20 BERGEPAINT 581.85 H 5-Feb-20

TORNTPHARM 2040 H 20-Jan-20 CHOLAFIN 342.45 H 30-Apr-19

ICICIBANK 541.75 H 30-Dec-19 COROMANDEL 627.85 H 4-Feb-20

HCLTECH 609.2 H 20-Jan-19 DABUR 517.7 H 6-Feb-20

METROPOLIS 1678.8 H 27-Jan-20 GARFIBRES 1574.8 H 27-Jan-20

INCREASE IN OPEN INTEREST

Symbol Expiry Date Last Price Chg (Rs) Chg (%) Open Interest Change in OI Change in OI (%)

INFRATEL 27-Feb-20 227.95 -16.2 -6.64% 14790000 3362000 29.42%

IGL 27-Feb-20 490 -7.65 -1.54% 9856000 915750 10.24%

BATAINDIA 27-Feb-20 1787.3 -33.65 -1.85% 2416700 151250 6.68%

GAIL 27-Feb-20 123.65 -7.05 -5.39% 42949368 2469642 6.10%

TORNTPOWER 27-Feb-20 310.8 -4.75 -1.51% 5418000 288000 5.61%

DECREASE IN OPEN INTEREST

Symbol Expiry Date Last Price Chg (Rs) Chg (%) Open Interest Change in OI Change in OI (%)

GLENMARK 27-Feb-20 336.45 7.5 2.28% 7732200 -590800 -7.10%

POWERGRID 27-Feb-20 184.35 -4.75 -2.51% 59464000 -5648000 -8.67%

COALINDIA 27-Feb-20 175 -3.1 -1.74% 48143700 -4854600 -9.16%

ESCORTS 27-Feb-20 885.5 -2.2 -0.25% 4282300 -473000 -9.95%

IDEA 27-Feb-20 3.5 -1 -22.22% 424046000 -50274000 -10.60%

INCREASE IN OI IN CALLS

Symbol Expiry Date Option Type Strike Price Last Price Turnover Premium (Lacs Open Interest Value of Underlying

RELIANCE 27-Feb-20 CE 1500 20.45 2667.6 20,48,500 1485.85

SBIN 27-Feb-20 CE 330 4.75 2287.27 1,34,91,000 319.9

BHARTIARTL 27-Feb-20 CE 560 16.7 1831.92 16,78,857 563.6

ICICIBANK 27-Feb-20 CE 550 7.3 688.17 31,02,000 545.8

INCREASE IN OI IN PUTS

Symbol Expiry Date Option Type Strike Price Last Price Turnover Premium (Lacs Open Interest Value of Underlying

SBIN 27-Feb-20 PE 320 7.8 1517.62 39,99,000 319.9

RELIANCE 27-Feb-20 PE 1460 11.7 617.85 7,35,000 1485.85

INDUSINDBK 27-Feb-20 PE 1200 47 884.31 4,37,200 1185

TCS 27-Feb-20 PE 2180 30 316.86 53750 2183

LEVELS FOR NIFTY STOCKS

Security Name HBP 2R 1R CLOSE ATP 1S 2S LBP Up/Down

ADANIPORTS 376.57 374.28 370.57 366.85 368.28 364.57 362.28 358.57 DOWN

AMBUJACEM 1924.12 1911.88 1894.47 1877.05 1882.23 1864.82 1852.58 1835.17 DOWN

ASIANPAINT 769.12 760.83 748.67 736.50 740.38 728.22 719.93 707.77 DOWN

AUROPHARMA 3256.87 3230.93 3188.67 3146.40 3162.73 3120.47 3094.53 3052.27 DOWN

AXISBANK 4855.50 4835.25 4808.50 4781.75 4788.25 4761.50 4741.25 4714.50 DOWN

BAJAJ-AUTO 9914.60 9854.80 9772.65 9690.50 9712.85 9630.70 9570.90 9488.75 DOWN

BAJFINANCE 498.60 491.55 484.00 476.45 476.95 469.40 462.35 454.80 DOWN

BPCL 610.25 588.90 576.95 565.00 555.60 543.65 522.30 510.35 UP

BHARTIARTL 271.70 261.35 248.40 235.45 238.05 225.10 214.75 201.80 DOWN

INFRATEL 457.57 453.23 450.17 447.10 445.83 442.77 438.43 435.37 UP

BOSCHLTD 182.40 180.65 177.70 174.75 175.95 173.00 171.25 168.30 DOWN

CIPLA 3388.53 3360.77 3332.53 3304.30 3304.77 3276.53 3248.77 3220.53 DOWN

COALINDIA 20045.70 19697.85 19200.70 18703.55 18852.85 18355.70 18007.85 17510.70 DOWN

DRREDDY 138.27 134.88 128.72 122.55 125.33 119.17 115.78 109.62 DOWN

EICHERMOT 797.32 784.08 763.57 743.05 750.33 729.82 716.58 696.07 DOWN

GAIL 636.85 630.05 625.85 621.65 619.05 614.85 608.05 603.85 UP

HCLTECH 1273.57 1260.98 1240.17 1219.35 1227.58 1206.77 1194.18 1173.37 DOWN

HDFC 2458.38 2442.12 2421.93 2401.75 2405.67 2385.48 2369.22 2349.03 DOWN

HDFCBANK 2499.20 2468.50 2412.50 2356.50 2381.80 2325.80 2295.10 2239.10 DOWN

HEROMOTOCO 199.73 198.37 196.18 194.00 194.82 192.63 191.27 189.08 DOWN

HINDPETRO 242.28 240.32 237.08 233.85 235.12 231.88 229.92 226.68 DOWN

HINDALCO 2337.70 2317.65 2286.35 2255.05 2266.30 2235.00 2214.95 2183.65 DOWN

HINDUNILVR 562.88 555.77 550.78 545.80 543.67 538.68 531.57 526.58 UP

ICICIBANK 346.35 340.40 330.60 320.80 324.65 314.85 308.90 299.10 DOWN

IBULHSGFIN 1290.90 1266.00 1221.00 1176.00 1196.10 1151.10 1126.20 1081.20 DOWN

IOC 810.17 804.68 795.57 786.45 790.08 780.97 775.48 766.37 DOWN

INDUSINDBK 117.97 116.83 115.97 115.10 114.83 113.97 112.83 111.97 UP

INFY 217.57 215.23 211.47 207.70 209.13 205.37 203.03 199.27 DOWN

ITC 302.95 299.85 294.50 289.15 291.40 286.05 282.95 277.60 DOWN

JSWSTEEL 1740.83 1721.92 1701.43 1680.95 1682.52 1662.03 1643.12 1622.63 DOWN

KOTAKBANK 1317.55 1311.25 1303.20 1295.15 1296.90 1288.85 1282.55 1274.50 DOWN

LT 549.38 543.17 533.08 523.00 526.87 516.78 510.57 500.48 DOWN

M&M 7222.78 7155.87 7034.83 6913.80 6967.92 6846.88 6779.97 6658.93 DOWN

MARUTI 118.43 116.97 114.83 112.70 113.37 111.23 109.77 107.63 DOWN

NTPC 108.70 107.50 105.40 103.30 104.20 102.10 100.90 98.80 DOWN

ONGC 197.20 194.30 189.20 184.10 186.30 181.20 178.30 173.20 DOWN

POWERGRID 1556.68 1529.07 1508.33 1487.60 1480.72 1459.98 1432.37 1411.63 UP

RELIANCE 341.37 336.63 328.02 319.40 323.28 314.67 309.93 301.32 DOWN

SBIN 431.62 428.18 423.37 418.55 419.93 415.12 411.68 406.87 DOWN

SUNPHARMA 182.00 179.10 174.10 169.10 171.20 166.20 163.30 158.30 DOWN

TATAMOTORS 454.48 450.02 442.28 434.55 437.82 430.08 425.62 417.88 DOWN

TATASTEEL 2248.13 2230.07 2207.13 2184.20 2189.07 2166.13 2148.07 2125.13 DOWN

TCS 852.70 845.35 839.75 834.15 832.40 826.80 819.45 813.85 UP

TECHM 1326.80 1318.75 1306.10 1293.45 1298.05 1285.40 1277.35 1264.70 DOWN

ULTRACEMCO 4663.75 4601.35 4517.85 4434.35 4455.45 4371.95 4309.55 4226.05 DOWN

UPL 625.97 613.68 602.67 591.65 590.38 579.37 567.08 556.07 UP

VEDL 146.23 145.07 143.08 141.10 141.92 139.93 138.77 136.78 DOWN

WIPRO 248.18 246.77 244.83 242.90 243.42 241.48 240.07 238.13 DOWN

YESBANK 42.93 41.57 40.23 38.90 38.87 37.53 36.17 34.83 UP

ZEEL 246.90 244.65 241.70 238.75 239.45 236.50 234.25 231.30 DOWN

NEXT WEEK MAJOR ECONOMIC EVENTS

Time Cur. Imp. Event Forecast Previous

Monday, February 17, 2020

5:20:00 AM JPY GDP (QoQ) (Q4) -0.90% 0.40%

Tuesday, February 18,

2020

6:00:00 AM AUD RBA Meeting Minutes

3:00:00 PM GBP Average Earnings Index +Bonus (Dec) 3.00% 3.20%

3:00:00 PM GBP Claimant Count Change (Jan) 22.6K 14.9K

3:30:00 PM EUR German ZEW Economic Sentiment (Feb) 22 26.7

Wednesday, February 19, 2020

3:00:00 PM GBP CPI (YoY) (Jan) 1.60% 1.30%

7:00:00 PM USD Building Permits (Jan) 1.450M 1.420M

7:00:00 PM USD PPI (MoM) (Jan) 0.20% 0.10%

7:00:00 PM CAD Core CPI (MoM) (Jan) -0.40%

Thursday, February 20, 2020

12:30:00 AM USD FOMC Meeting Minutes

6:00:00 AM AUD Employment Change (Jan) 10.0K 28.9K

7:00:00 AM CNY PBoC Loan Prime Rate 4.15%

3:00:00 PM GBP Retail Sales (MoM) (Jan) 0.50% -0.60%

6:00:00 PM EUR ECB Publishes Account of Monetary Policy Meeting

7:00:00 PM USD Philadelphia Fed Manufacturing Index (Feb) 12 17

9:30:00 PM USD Crude Oil Inventories 2.987M 7.459M

Friday, February 21, 2020

2:00:00 PM EUR German Manufacturing PMI (Feb) 44.8 45.3

3:00:00 PM GBP Composite PMI 53.3

3:00:00 PM GBP Manufacturing PMI 50

3:00:00 PM GBP Services PMI 53.9

3:30:00 PM EUR CPI (YoY) (Jan) 1.40% 1.40%

7:00:00 PM CAD Core Retail Sales (MoM) (Dec) 0.40% 0.20%

8:30:00 PM USD Existing Home Sales (Jan) 5.45M 5.54M

COPRPORATE ACTION

Symbol Series Face

Value(Rs.) Purpose Ex-Date

Record

Date

BC Start

Date

BC End

Date

RITES EQ 10 Interim Dividend - Rs 4 Per Share 17-Feb-20 18-Feb-20 - -

AUROPHARMA EQ 1 Interim Dividend - Rs 1.75 Per Share 17-Feb-20 18-Feb-20 - -

DALBHARAT EQ 2 Interim Dividend - Rs 2 Per Share 17-Feb-20 18-Feb-20 - -

GAIL EQ 10 Interim Dividend - Rs 6.4 Per Share 17-Feb-20 18-Feb-20 - -

HEG EQ 10 Interim Dividend - Rs 25 Per Share 17-Feb-20 19-Feb-20 - -

HEROMOTOCO EQ 2 Interim Dividend - Rs 65 Per Sh 17-Feb-20 18-Feb-20 - -

HIKAL EQ 2 Interim Dividend - Re 1 Per Share 17-Feb-20 18-Feb-20 - -

IFGLEXPOR EQ 10 Interim Dividend - Rs 2.50 Per Share 17-Feb-20 19-Feb-20 - -

NHPC EQ 10 Int Dividend - Rs 1.18 Per Share 17-Feb-20 19-Feb-20 - -

MINDAIND EQ 2 Interim Dividend - Rs 0.40 Per Share 17-Feb-20 18-Feb-20 - -

RANEHOLDIN EQ 10 Interim Dividend - Rs 4 Per Share 17-Feb-20 18-Feb-20 - -

STARCEMENT EQ 1 Interim Dividend - Re 1 Per Share 17-Feb-20 18-Feb-20 - -

SUNPHARMA EQ 1 Interim Dividend - Rs 3 Per Share 17-Feb-20 18-Feb-20 - -

SYMPHONY EQ 2 Intrm. Div. - Rs 2/Share/ Sp. Divi. - Rs 18/Share 17-Feb-20 19-Feb-20 - -

AARTIDRUGS EQ 10 Interim Dividend - Rs 2 Per Share 17-Feb-20 18-Feb-20 - -

ADVANIHOTR EQ 2 Interim Dividend - Rs 1.10 Per Share 18-Feb-20 21-Feb-20 - -

IPCALAB EQ 2 Interim Dividend - Rs 5 Per Share 18-Feb-20 20-Feb-20 - -

AMRUTANJAN EQ 1 Interim Dividend - Re 1.55 Per Share 18-Feb-20 21-Feb-20 - -

CENTURYPLY EQ 1 Interim Dividend 18-Feb-20 21-Feb-20 - -

CESC EQ 10 Interim Dividend - Rs 20 Per Share 18-Feb-20 20-Feb-20 - -

FINEORG EQ 5 Interim Dividend - Rs 4 Per Share 18-Feb-20 21-Feb-20 - -

DWARKESH EQ 1 Interim Dividend - Re 1 Per Share 18-Feb-20 20-Feb-20 - -

INDNIPPON EQ 5 Interim Dividend - Rs 3 Per Share 18-Feb-20 20-Feb-20 - -

NEULANDLAB EQ 10 Interim Dividend - Rs 2 Per Share 18-Feb-20 20-Feb-20 - -

LUXIND EQ 2 Interim Dividend 18-Feb-20 21-Feb-20 - -

NMDC EQ 1 Interim Dividend - Rs 5.29 Per Share 18-Feb-20 21-Feb-20 - -

KAJARIACER EQ 1 Interim Dividend - Rs 3 Per Share 18-Feb-20 20-Feb-20 - -

MIRZAINT EQ 2 Interim Dividend 18-Feb-20 20-Feb-20 - -

PAGEIND EQ 10 Interim Dividend - Rs 58 Per Share 18-Feb-20 22-Feb-20 - -

KITEX EQ 1 Interim Dividend - Re 1.50 Per Share 18-Feb-20 22-Feb-20 - -

NATIONALUM EQ 5 Interim Dividend - Rs 1.5 Per Share 18-Feb-20 20-Feb-20 - -

NAUKRI EQ 10 Interim Dividend 18-Feb-20 20-Feb-20 - -

TORNTPOWER EQ 10 Interim Dividend - Rs 11.60 Per Share 18-Feb-20 20-Feb-20 - -

TRIVENI EQ 1 Interim Dividend - Re 1.1 Per Share 18-Feb-20 20-Feb-20 - -

SUNDARMFIN EQ 10 Interim Dividend - Rs 10 Per Share 18-Feb-20 21-Feb-20 - -

VISAKAIND EQ 10 Int Dividend - Rs 10 Per Share 18-Feb-20 20-Feb-20 - -

VRLLOG EQ 10 Interim Dividend - Rs 3 Per Share 18-Feb-20 21-Feb-20 - -

ALKYLAMINE EQ 5 Interim Dividend - Rs 10 Per Share 18-Feb-20 20-Feb-20 - -

RESULT CALENDAR

Symbol Result Date Symbol Result Date Symbol Result Date Symbol Result Date

BIHSPONG 17-Feb-20 SBECSYS 18-Feb-20 CIL 20-Feb-20 DIVINUS 21-Feb-20

FSL 17-Feb-20 INDAG 19-Feb-20 JBCHEPHARM 20-Feb-20 GULPOLY 21-Feb-20

KAIRA 17-Feb-20 INDOSOLAR 19-Feb-20 REDINGTON 20-Feb-20 LGBBROSLTD 21-Feb-20

ORCHIDPHAR 17-Feb-20 JSGLEASING 19-Feb-20 SIS 20-Feb-20 MAHSCOOTER 21-Feb-20

PAPERPROD 17-Feb-20 LUMAXTECH 19-Feb-20 TRIDENT 20-Feb-20 ORTEL 21-Feb-20

SBECSUG 17-Feb-20 MASFIN 19-Feb-20 AUTOLITIND 21-Feb-20 PREMPIPES 21-Feb-20

ABMKNO 18-Feb-20 NIITLTD 19-Feb-20 BAJAJ-AUTO 21-Feb-20 VESUVIUS 21-Feb-20

BERGEPAINT 18-Feb-20 A2ZINFRA 20-Feb-20 BAJAJFINSV 21-Feb-20 ALUFLUOR 22-Feb-20

HBLPOWER 18-Feb-20 AMBUJACEM 20-Feb-20 BAJAJHLDNG 21-Feb-20 KMSL 22-Feb-20

POLYMED 18-Feb-20 BFINVEST 20-Feb-20 BAJFINANCE 21-Feb-20 - -

PRIMARY MARKET UPDATES

MCX OPTION STRATEGY

CRUDE OIL : Sell March Call option strike of 4000 at CMP 51 and in range of 3770 and 3830.

Maximum Profit : Call Premium

Maximum loss : Unlimited

Stop Loss : Exit in Call option if Crude oil price goes above 3850.

COPPER : Sell March Call option strike of 450 at CMP 2.75 and in range of 435 and 437.

Maximum Profit : Call Premium

Maximum loss : Unlimited

Stop Loss : Exit in Call option if Copper price goes above 441.

TECHNICAL PICKS – COMMODITY

NCDEX SOYABEAN MARCH (BUY):

Soyabean has made a higher bottom

formation and closed above 200 DEMA of

3910. Traders can buy and buy on correction

with SL 3910 for a target of 3990.

CMP : 3940

TARGET : 3990

STOP LOSS : 3910

Company Issue Size (Cr)

Open

Close Offer Price (Rs)

- - - - -

TECHNICAL PICKS – EQUITIES

MCX LTD (BUY):

The stock took support from lower band of

upwards sloping channel and has made higher

high & higher bottom formation of daily

charts. Currently the stock is trading above all

short moving averages (20, 50,100 & 200) and

can test 1350/1380 mark

CMP : 1273

TARGET : 1380

STOP LOSS : 1240

Nilkamal LTD (BUY):

The stock is trading on upper band of

consolidation channel daily charts. Currently

the stock is trading above close to all short &

long term moving averages (20, 50,100 &200)

and can test 1590/1630 mark

CMP : 1488

TARGET : 1590

STOP LOSS : 1440

Address:

4th

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)

Commodity MonthPrice as on

14.02.2020Strategy Resistance Support Technical Comments

Chana March 4042

Sell on rise and

buy near

support levels

4070/4130/4170 3990/3930

It has made a higher bottom formation and closed at 20 DEMA of

4050. Traders can buy on declines with near SL of 3990. Closes below

this level it can correct up to around 3930. Traders can sell on rise

near resistance levels and consider near resistance levels as SL.

Guar Gum March 6745

Sell on rise and

buy near

support levels

6890/7050 6650/6530

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

7040. Traders can sell on rise near resistance levels with SL 6890.

Closes above this level it can go up to around 7050. It can also correct

from these levels. Near support levels it can give some bounce.

Guar Seed March 3864

Sell on rise and

buy near

support levels

3930/3990 3830/3770

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

3970. Traders can sell on rise near resistance levels with SL 3930.

Closes above this level it can go up to around 3970 to 3990. It can

also correct from these levels. Near support levels it can give some

bounce.

Jeera March 13760

Buy around

support levels

and sell near

resistance

levels

13950/14500 13500/13200

It took support at previous support of 13200 and given a bounce

from this level up to 13790. Its 20 DEMA resistance is at 13970.

Traders can buy with near SL of 13600. Below this level it can correct

up to around 13200. It can also bounce from this level. It can also

correct from 13970. Closes above this level it can go up to around

14500 to 14700.

Agri Commodities

Soyabean March 3940

Sell on rise and

buy near

support levels

3990/4050 3910/3870

After given a correction it took support at 200 DEMA of 3913 and

given a bounce. Traders can buy on declines near support levels and

consider near support levels as SL. Traders can sell on rise near

resistance levels and consider near resistance levels as SL.

RMSeed Apr 4051

Sell on rise and

buy near

support levels

4090/41504010/3970/

3930

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

4140. Traders can sell on bounce near resistance levels and consider

near resistance levels as SL. Traders can also buy on correction near

support levels and consider near support levels as SL.

Soya Oil Ref. March 819

Sell on rise and

buy near

support levels

835/845 805/795

It has made a lower top formation and closed below 100 DEMA of

835. Traders can sell on rise with SL 837. Closes above this level it

can go up to around 845 to 855. It can also bounce correct from these

levels. Near support levels it can give some bounce.

Cocud(N) March 1809

Sell on rise and

buy near

support levels

1870/1910 1770/1730

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

1870. Traders can sell on rise with near SL of 1870. Closes above this

level it can go up to around 1910. It can also correct from this level.

Near support levels it can give some bounce.

Dhania Apr 6259

Sell on rise and

buy near

support levels

6370/6490 6190/6050

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

6370. Traders can sell on rise with SL 6390. Closes above this level it

can go up to around 6490 to 6550. It can also bounce from these

levels. Near support levels it can give some bounce.

TMC March 5850

Sell on rise and

buy near

support levels

6550/6690 5790/5650

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

6010. Traders can sell on bounce with near SL of 6030. Closes above

this level it can go up to around 6090 to 6150. It can also correct from

this level. Near support levels it can give some bounce.

Mentha oil (MCX) Feb 1139

Sell on rise and

buy near

support levels

1170/1210 1110/1050

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

1205. Traders can sell on bounce with SL 1175. Closes above this level

it can go up to around 1210. It can also correct from this level. Near

support levels it can give some bounce.

CPO (MCX) Feb 718

Sell on rise and

buy near

support levels

740/750 705/670

It has made a lower top formation and closed below 20 DEMA of 755.

Traders can sell on rise with near SL of 740. Closes above this level it

can go up to around 750 to 755. It can also correct from these levels.

Near support levels it can give some bounce.

Cardamom March 3273

Sell on rise and

buy near

support levels

3750/39503250/2950/

2750

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

3630. Traders can sell on rise with SL 3650. Coses above this level it

can go up to around 3950. It can also correct from this level. Near

support levels it can give some bounce.

Commodity MonthPrice as on

14.02.2020Strategy Resistance Support Technical Comments

Gold Apr 40979

Buy on declines

and sell near

resistance

levels

41200/41500

40600/

40400/

40100

Gold has made a higher bottom formation and closed above 20 DEMA of

40450. Traders can buy on declines with near SL of 40600. Below this level

it can correct up to around 40400. Below 40400 it can correct up to

around 40100. It can also bounce from these levels. Near resistance levels

it can give some correction.

Silver March 46227

Buy on declines

and sell near

resistance

levels

46800/47300/

47700

45900/

45500

Silver took support at previous support of 45350 and given a bounce from

this level up to 46290 and closed above 20 DEMA of 46130. Traders can

buy on declines with SL 45900. Below this level it can correct up to around

45500 to 45350. It can also bounce from these levels. If it sustain above

46300 it can go up to around 46800 to 47300.

Copper Feb 434

Sell on rise and

buy near

support levels

440/445 430/425

Copper has made a lower top formation and closed below 200 DEMA of

439. Traders can sell on rise with near SL of 441. Above this level it can go

up to around 445 to 450. It can also correct from this level. Near support

levels it can give some bounce.

Aluminum Feb 138.1

Sell on rise and

buy near

support levels

140/142 136/135

It has made a lower top formation and closed below 20 DEMA of 139.50.

Traders can sell on rise with SL 140. Closes above this level it can go up to

around 142. It can also correct from this level. Near support levels it can

give some bounce.

Lead Feb 146.1

Sell on rise and

buy near

support levels

148/150 145/143

It has made a lower top formation and closed below 200 DEMA of 150.50.

Traders can sell on rise with near SL of 148. Closes above this level it can

go up to around 150. It can also correct from this level. It can also bounce

from support levels.

Non - Agri Commodities

Zinc Feb 167.8

Sell on rise and

buy near

support levels

170/172 165/163

It has made a lower top formation and closed below 20 DEMA of 173.

Traders can sell on rise with near SL of 170.50. Closes above this level it

can go up to around 172 to 173. It can also correct from this level. It can

also bounce from support levels.

Nickel Feb 952

Sell on rise and

buy near

support levels

970/980940/920/

890

It has made a lower top formation and closed below 20 DEMA of 965.

Traders can sell on bounce near resistance levels with SL 970. Above this

level it can go up to around 980. It can also correct from this level. Near

support levels it can give some bounce.

Crude Oil Feb 3707

Sell on rise and

Buy near

support levels

3790/3830/

3930

3650/

3590/3550

Crude oil took support at previous support of 3520 and given a bounce

from this level up to 3745. Its 20 DEMA resistance is at 3760. From this

level it can give some correction. Above this level it can go up to around

3830. It can also correct from this level. Traders can also buy on

correction near support levels with SL 3650. Below this level it can correct

up to around 3590 to 3550. Near support levels it can give some bounce.

Natural Gas Feb 132

Sell on rise and

buy near

support levels

135/137 130/127

It has made a lower top formation and closed below 20 DEMA of 135.50.

Traders can sell on rise with SL 137. Closes above this level it can go up to

around 145 to 147. It can also correct from this level. Near support levels

it can also bounce from support levels.