nitial Weekly Newsletter | - 13 June, 202007 Jun P O...Weekly Newsletter | - 13 June, 202007 Junth...

Weekly Newsletter | - 13 June, 202007 Junth th

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Market Outlook

The Week That Was

Nifty reclaims 10,000 mark

Local stock markets logged gains for second consecutive week on account of easing of

nationwide lockdown. Steady foreign fund inflows and positive cues from global

markets also boosted sentiment. Key indices logged gains throughout the week,

except a small decline on Thursday.

In the week ended on Friday, 5 June 2020, the Sensex jumped 1,863.14 points or 5.75%

to settle at 34,287.24. The Nifty 50 index soared 561.85 points or 5.86% to settle at

10,142.15.

The BSE Mid-Cap index rallied 710.94 or 6% to settle at 12,554.16. The BSE Small-Cap

index surged 962.57 points or 8.84% to settle at 11,855.17.

Domestic shares ended with robust gains on Monday, 1 June 2020. Easing of lockdown,

betterthan-expected GDP numbers and positive global cues boosted market

sentiment. The barometer S&P BSE Sensex jumped 879.42 points or 2.71% at

33,303.52. The Nifty 50 index gained 245.85 points or 2.57% at 9,826.15.

Indices spurted on Tuesday, 2 June 2020. Sentiment got a boost after Prime Minister

NarendraModi assured industry leaders on Tuesday that India will get its economic

growth back and is already on that path with government's various reforms. The

barometer S&P BSE Sensex jumped 522.01 points or 1.57% at 33,825.53. The Nifty 50

index gained 152.95 points or 1.56% at 9,979.10.

Stocks extended their winning streak to sixth straight session on Wednesday, 3 June

2020. Global cues were supportive as hopes of more stimulus and further easing in

social restrictions around the world surpassed coronavirus fears. The sentiment was

also boosted by Prime Minister NarendraModi's comment on Tuesday that India's

economy would get back on track supported by systematic reforms. The barometer

S&P BSE Sensex jumped 284.01 points or 0.84% at 34,109.54. The Nifty 50 index

soared 82.45 points or 0.83% at 10,061.55.

Barometers ended with small losses on Thursday, 4 June 2020 snapping a six-day rising

streak. Selling in banks stocks put pressure on bourses. Banks corrected after the

Supreme Court (SC) raised concerns over levying of interests on loans during the six-

month moratorium period. The barometer S&P BSE Sensex lost 128.84 points or

0.38% at 33,980.70. The Nifty 50 index fell 32.45 points or 0.32% at 10,029.10.

On Friday, 5 June 2020, the market ended with strong gains resuming its uptrend after

a day's pause. Gradual lifting of lockdown measures and expectations of further

government stimulus boosted investor confidence. The barometer S&P BSE Sensex

gained 306.54 points or 0.9% at 34,287.24. The Nifty 50 index rallied 113.05 points or

1.13% at 10,142.15.

The Cabinet further provided approval for provisioning of Rs 20,000 crore as

subordinate debt to provide equity support to the stressed MSMEs. It also approved

the changes to the definition of micro, small and medium Enterprises (MSMEs).

Raising the turnover limit for medium enterprises to Rs 250 crore, the government

aims to broaden the scope of MSMEs. Enterprises with Rs 1 crore investment and Rs 5

crore turnover would now qualify as micro enterprises.

Moody's Investors Service on Monday, 1 June 2020 downgraded India's rating to Baa3

and maintained the negative outlook. Moody's has downgraded India's local-currency

senior unsecured rating to Baa3 from Baa2, and its short-term local-currency rating to

P-3 from P-2. The decision to downgrade India's ratings reflects Moody's view that the

country's policymaking institutions will be challenged in enacting and implementing

policies which effectively mitigate the risks of a sustained period. Moody's expects

prolonged period of slow growth to continue well beyond the pandemic. India's

progress has been hamstrung by tardy implementation of reforms, it said.

On the macro front, India's economy grew at 3.1% in Q4 March 2020. The gross

domestic product (GDP) had expanded by 5.7% in the corresponding quarter of 2018-

19, according to data released by the National Statistical Office (NSO). In 2019-20, the

Indian economy grew by 4.2% against 6.1% expansion recorded in 2018-19. The

Tech

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Sensex Outlook (32424):

Nifty Outlook (10142):

Bank Nifty Outlook (21035):

USDINR Outlook (75.81):

EURINR Outlook (85.89):

Dollar Index Outlook (96.95):

During the last week Sensex has made a higher bottom formation and given a sharp breakout up to 32480. Its immediate support is likely to been seen around 32100. If trades below this level next support is

likely to be seen around 31500 to 31300 for next week. Its resistance is likely to be seen around 32900 to 33350. If closes above 33350 next resistance is likely to be seen around 34100.

DuringIndian markets witnessed a rally during the week as headline indices closed significantly higher. The Nifty ended with a weekly gain of 5.86% whereas Bank Nifty has ended 9% higher. During the last week

Nifty has given a consolidation above 100 DEMA of 10037 and closed above this level. Its immediate support is likely to been seen around 10030. If trades below this level next support is likely to be seen around 9970 to 9790. Its

resistance is likely to be seen around 10350 to 10490 for next week.

During the last week Bank Nifty has made a higher bottom formation and closed above 50 DEMA of 20580. Its support is likely to been seen around 20500 and 20200 for next week. Its resistance is likely to

be seen around 21900 and 22700 and 23200 for next week.

DuringDuring the last week USDINR has made a higher bottom formation and closed above 20 DEMA of 75.75. Its immediate support is likely to be seen around 75.70. If trades or closes below this level next

support around 75.30 to 75.10 for next week. Its resistance is likely o be seen around 76.10 and 76.50 for next week.

During the last week EURINR has made a higher bottom formation and closed above 20 DEMA of 83.60. Its immediate support is likely to be seen around 84.90 to 84.30 for next week. Its resistance is likely to

be seen around 86.50 and 87.70 for next week.

During the last week DX has made a lower top formation and closed below 200 DEMA of 98.50. Its immediate support is likely to be seen around 96.50 to 95.50 for next week. Its resistance is likely to be

seen around 97.70 and 98.50 for next week.

Equities Commodities Demat IPOs ResearchMutual

Funds

Currencies Training Algorithmic

TradingMobile

Trading

Wealth

Management

government has also revised down the GDP growth in Q1, Q2, and Q3 to 5.2%, 4.4%,

and 4.1% respectively. Estimates will undergo revision as statutory data submission

deadlines were extended by government in view of COVID-19 outbreak, Ministry of

Statistics and Programme Implementation (MOSPI) said in a press note. Meanwhile,

the growth rate of Index of Eight Core Industries for April 2020 declined by 38.1%

(provisional) compared to decline of 9% (provisional) in March 2020.

Meanwhile, the seasonally adjusted IHS Markit India Manufacturing PMI rose to 30.8

in May from 27.4 in April. The latest reading pointed to another substantial decline in

the health of the Indian manufacturing sector, albeit one that was slightly softer than

recorded in April.

The IHS Markit India Services Business Activity Index recorded 12.6 in May 2020.

Although the headline figure rose from April's unprecedented low of 5.4, it remained

at a level which, prior to the coronavirus pandemic, was unparalleled in over 14 years

of data collection and pointed to an extreme drop in services activity across India.

In Europe, the European Central Bank (ECB) has boosted its pandemic emergency

support program by an unexpectedly large 600 billion euros ($672 billion) to a total of

1.35 trillion euros ($1.5 trillion) through a bond buying program called "Pandemic

Emergency Purchase Programme" (PEPP), in an effort to keep affordable credit

flowing to the economy during the steep downturn caused by the virus outbreak.

The ECB also said it would extend the program until June 2021, and reinvest maturing

PEPP securities until at least the end of 2022. ECB President Christine Lagarde has

called it an "unprecedented contraction" in the euro zone economy.

Global cues to dictate market trend

Macroeconomic data, global cues, quarterly results, movement of rupee against the

dollar, Brent crude oil price movement and investments by foreign portfolio investors

(FPI) and domestic institutional investors (DII) will be watched in the trading week

ahead.

India's industrial production data for April will be declared on 12 June 2020. Inflation

rate for May will also be announced on the same day.

The spread of coronavirus and its impact on the local and global economy will be

closely watched. Total COVID-19 confirmed cases worldwide stood at 66,40,960 far

with 3,91,261 deaths. India reported 1,10,960 active cases of COVID-19 infection and

6,348 deaths, according to the data from the Ministry of Health and Family Welfare,

Government of India.

Among key results, Vedanta will declare its January-March quarterly result on 6 June

2020.

Titan Company will announce its January-March quarterly result on 8 June 2020.

Hero MotoCorp will unveil its January-March quarterly result on 9 June 2020.

Eicher Motors, Hindalco Industries and Mahindra & Mahindra will announce their

January-March quarterly results on 12 June 2020.

Overseas, China will announce inflation rate for May on 10 June 2020.

Japan will unveil Q1 GDP rate on 8 June 2020.

In United States, the inflation rate for May will be announced on 10 June 2020.

US non-farm payrolls data for May will be released on 5 June 2020.

The Federal Reserve's next policy meeting is scheduled on June 9-10.

Euro Area's third estimate of Q1 GDP will be declared on 9 June 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

7511.10

10142.15

42273.87

25638.90

34287.24Close

USDINR 75.81 0.02%

EURINR 85.89 1.80%

Currency Update

CMP Net ChangeCurrency

Week 13927.42 -7125.16

Month (May) 13927.42 -7125.16

Institutional Activity (Cr.)

FII DII

Year (2020) -65359.61 83497.52

NA NA NA

- - -

Date Price Band

Primary Market Update

Company

9,650 9,700 9,750 9,800 9,850 9,900 9,950

10,000 10,050 10,100 10,150 10,200

CLOSE

27.50

28.00

28.50

29.00

29.50

30.00

30.50

31.00

CLOSE

Nifty

VIX

FII/DII (Cr)

-6000

-4000

-2000

0

2000

4000

6000

8000 FII

CLOSE32800

33000

33200

33400

33600

33800

34000

34200

34400

CLOSE

CASH MARKET DATA

Sensex

Turnover (Rs. Cr.)

Advance/Decline

FII DII

0

200

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1000

1200

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1600

56000

58000

60000

62000

64000

66000

68000

NSE

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Sensex

Turnover (Rs. Cr.)

Advance/Decline-

ADVANCE DECLINE

NSE

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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

%

Jun 05, 2020 Jun 04, 2020 May 29,

2020

May 06,

2020

May 29,

2019

Broad Market Indices :

NIFTY 50 10142.15 10029.10 1.13% 9580.30 5.86% 9270.90 9.40% 11861.10 -14.49%

NIFTY NEXT 50 25324.80 24854.80 1.89% 24065.00 5.23% 23009.80 10.06% 27625.35 -8.33%

NIFTY 100 10324.15 10198.00 1.24% 9759.45 5.79% 9428.55 9.50% 11962.35 -13.69%

NIFTY 200 5255.15 5188.10 1.29% 4963.40 5.88% 4798.10 9.53% 6143.80 -14.46%

NIFTY 500 8299.35 8185.90 1.39% 7822.40 6.10% 7575.50 9.56% 9757.15 -14.94%

NIFTY MIDCAP 50 3946.45 3880.95 1.69% 3713.55 6.27% 3567.65 10.62% 4936.50 -20.06%

NIFTY MIDCAP 50 28.68 29.69 -3.40% 30.22 -5.10% 41.25 -30.47% 16.41 74.80%

Sectoral Indices :

NIFTY BANK 21034.50 20390.45 3.16% 19297.25 9.00% 19694.55 6.80% 31295.55 -32.79%

NIFTY AUTO 6628.75 6511.35 1.80% 6218.80 6.59% 5552.40 19.39% 8281.90 -19.96%

NIFTY FIN SERVICE 10334.85 10110.85 2.22% 9527.05 8.48% 9727.00 6.25% 13361.55 -22.65%

NIFTY FMCG 29542.00 29621.55 -0.27% 29296.95 0.84% 26630.20 10.93% 30014.20 -1.57%

NIFTY IT 14627.45 14627.45 0.00% 14010.50 4.40% 13394.70 9.20% 15865.60 -7.80%

NIFTY MEDIA 1388.90 1319.45 5.26% 1177.85 17.92% 1097.50 26.55% 2225.30 -37.59%

NIFTY METAL 2049.70 1972.90 3.89% 1879.85 9.04% 1697.95 20.72% 2937.30 -30.22%

NIFTY PHARMA 10081.30 10077.85 0.03% 9768.60 3.20% 9227.15 9.26% 8484.65 18.82%

NIFTY PSU BANK 1386.75 1297.90 6.85% 1129.85 22.74% 1194.75 16.07% 3275.90 -57.67%

NIFTY PVT BANK 11399.70 11128.70 2.44% 10583.15 7.72% 10787.10 5.68% 17493.35 -34.83%

NIFTY REALTY 202.00 197.35 2.36% 180.10 12.16% 171.00 18.13% 284.95 -29.11%

Strategy Indices :

NIFTY DIV OPPS 50 2211.90 2196.20 0.71% 2132.00 3.75% 2013.65 9.85% 2684.00 -17.59%

NIFTY GROWSECT 15 5093.55 5066.40 0.54% 4826.60 5.53% 4632.00 9.96% 6139.55 -17.04%

NIFTY50 VALUE 20 4975.80 4976.30 -0.01% 4803.05 3.60% 4496.85 10.65% 5483.10 -9.25%

NIFTY50 TR 2X LEV 4333.50 4238.35 2.24% 3871.95 11.92% 3642.50 18.97% 6696.05 -35.28%

NIFTY50 PR 2X LEV 3302.55 3230.00 2.25% 2951.70 11.89% 2781.55 18.73% 5243.60 -37.02%

NIFTY50 TR 1X INV 377.45 381.70 -1.11% 399.80 -5.59% 414.55 -8.95% 342.50 10.20%

NIFTY50 PR 1X INV 432.10 436.95 -1.11% 457.65 -5.58% 474.10 -8.86% 387.00 11.65%

NIFTY50 DIV POINT 11.71 11.71 0.00% 10.19 14.92% 1.83 - 15.64 -25.13%

Thematic Indices :

NIFTY COMMODITIES 2879.05 2802.35 2.74% 2726.90 5.58% 2545.10 13.12% 3675.30 -21.66%

NIFTY CONSUMPTION 4774.80 4743.35 0.66% 4611.05 3.55% 4263.10 12.00% 4801.40 -0.55%

NIFTY CPSE 1473.50 1436.90 2.55% 1407.75 4.67% 1373.65 7.27% 2315.40 -36.36%

NIFTY ENERGY 13925.40 13704.60 1.61% 13060.50 6.62% 12912.40 7.85% 16325.95 -14.70%

NIFTY INFRA 3002.45 2948.80 1.82% 2845.15 5.53% 2689.85 11.62% 3316.25 -9.46%

NIFTY100 LIQ 15 2561.50 2485.70 3.05% 2353.40 8.84% 2285.10 12.10% 4043.75 -36.66%

NIFTY MID LIQ 15 3362.90 3317.40 1.37% 3148.30 6.82% 3054.05 10.11% 4205.70 -20.04%

NIFTY MNC 12996.25 12818.80 1.38% 12497.75 3.99% 11851.80 9.66% 13123.70 -0.97%

NIFTY PSE 2500.90 2427.35 3.03% 2369.00 5.57% 2339.85 6.88% 3612.75 -30.78%

NIFTY SERV SECTOR 13426.65 13251.05 1.33% 12567.35 6.84% 12565.75 6.85% 16735.70 -19.77%

WEEKLY CHANGE IN WORLD INDICES

Indices 29.05.20 23.05.20 Chg (Pts) % Chg

DOW JONES 25,383.11 24465.16 917.95 3.75%

NASDAQ COMPOSITE 9,489.87 9324.59 165.28 1.77%

FTSE 6,076.60 5993.28 83.32 1.39%

NIKKEI 21,877.89 20388.16 1489.73 7.31%

BOVESPA 87,402.59 82173.21 5229.38 6.36%

HANG SENG 22,961.47 22930.14 31.33 0.14%

52 WEEKS HIGH/LOW ALL TIME HIGH/LOW

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

AUROPHARMA 775.6 H 04.06.2020 COROMANDEL 672 H 27.05.2020

COROMANDEL 672 H 27.05.2020 ESCORTS 988.9 H 02.05.2018

DRREDDY 4050 H 08.05.2020 SANOFI 8239.9 H 17.04.2020

ESCORTS 988.9 H 03.06.2020 JBCHEPHARM 717 H 02.06.2020

SANOFI 8239.9 H 17.04.2020 TATACONSUM 387.8 H 05.02.2020

INDIACEM 133.45 H 26.05.2020 ADANIGREEN 286 H 03.06.2020

JBCHEPHARM 717 H 02.06.2020 ASTRAZEN 3278 H 05.05.2020

TATACONSUM 387.8 H 05.02.2020 SYNGENE 373.6 H 03.06.2020

ADANIGREEN 286 H 03.06.2020 BHARTIARTL 590 H 20.05.2020

FDC 270 H 13.04.2020 DIVISLAB 2476 H 02.06.2020

HIGHEST IN OPEN INTEREST

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

IDEA 25-Jun-20 10.7 2 22.99% 332122000 -7840000 -2.31%

SBIN 25-Jun-20 189.85 16 9.20% 130980000 12633000 10.67%

IDFCFIRSTB 25-Jun-20 24.4 1.55 6.78% 110460000 6444000 6.20%

ICICIBANK 25-Jun-20 360.8 11.85 3.40% 107725750 3594250 3.45%

VEDL 25-Jun-20 105.8 1.5 1.44% 94041500 -24500 -0.03%

LOWEST IN OPEN INTEREST

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

MRF 25-Jun-20 63518.7 1867.25 3.03% 17110 830 5.10%

PAGEIND 25-Jun-20 19643.15 101.15 0.52% 107500 2475 2.36%

BOSCHLTD 25-Jun-20 11645 665.9 6.07% 134160 -7400 -5.23%

SHREECEM 25-Jun-20 22035 570.65 2.66% 143650 4200 3.01%

EICHERMOT 25-Jun-20 17532.7 240.6 1.39% 233880 -7500 -3.11%

INCREASE IN OI IN CALLS

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

BHARTIARTL 25-Jun-20 CE 600 17.1 4389.77 69,15,336 581.3

SBIN 25-Jun-20 CE 200 7.2 4281.71 1,26,69,000 189.25

RELIANCE 25-Jun-20 CE 1600 44.15 3312.54 15,41,765 1579.2

INCREASE IN OI IN PUTS

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

TCS 30-Apr-20 PE 1700 30.5 730.48 4,48,500 1810

SBIN 25-Jun-20 PE 170 3.5 2180.22 61,26,000 189.25

RELIANCE 25-Jun-20 PE 1500 21.8 489.49 11,50,895 1579.2

BAJFINANCE 25-Jun-20 PE 2300 107.05 1917.66 2,23,250 2406.75

BHARTIARTL 25-Jun-20 PE 560 13.55 700.2 17,88,066 581.3

LEVELS FOR NIFTY STOCKS

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

ADANI PORTS 356.42 351.78 346.47 341.15 341.83 336.52 331.88 326.57 DOWN

ASIAN PAINTS 1696.62 1677.98 1658.27 1638.55 1639.63 1619.92 1601.28 1581.57 DOWN

AXIS BANK 432.70 421.30 413.30 405.30 401.90 393.90 382.50 374.50 UP

BAJAJ AUTO 2906.37 2874.63 2825.47 2776.30 2793.73 2744.57 2712.83 2663.67 DOWN

BAJAJ FINANCE 2575.23 2492.12 2441.23 2390.35 2358.12 2307.23 2224.12 2173.23 UP

BAJAJ FINSERV 5504.27 5394.63 5315.52 5236.40 5205.88 5126.77 5017.13 4938.02 UP

BHARAT PETROLEUM 397.63 385.07 377.33 369.60 364.77 357.03 344.47 336.73 UP

BHARTI AIRTEL 616.30 603.15 593.75 584.35 580.60 571.20 558.05 548.65 UP

BHARTI INFRATEL 259.67 249.68 242.97 236.25 232.98 226.27 216.28 209.57 UP

CIPLA LTD 684.85 677.30 664.10 650.90 656.55 643.35 635.80 622.60 DOWN

COAL INDIA 152.15 148.95 146.90 144.85 143.70 141.65 138.45 136.40 UP

DR REDDY`S LABOR 4110.20 4080.10 4052.50 4024.90 4022.40 3994.80 3964.70 3937.10 UP

EICHER MOTORS 17950.10 17785.05 17640.20 17495.35 17475.15 17330.30 17165.25 17020.40 UP

GAIL INDIA 100.65 99.55 98.70 97.85 97.60 96.75 95.65 94.80 UP

GRASIM INDUSTRIE 656.60 643.65 635.40 627.15 622.45 614.20 601.25 593.00 UP

HCL TECHNOLOGIES 599.22 593.18 584.57 575.95 578.53 569.92 563.88 555.27 DOWN

HDFC BANK 1089.17 1065.78 1049.57 1033.35 1026.18 1009.97 986.58 970.37 UP

HDFC LTD 1838.52 1813.73 1790.17 1766.60 1765.38 1741.82 1717.03 1693.47 UP

HERO MOTOCORP 2423.02 2393.48 2367.07 2340.65 2337.53 2311.12 2281.58 2255.17 UP

HINDALCO INDUSTR 159.97 155.48 152.37 149.25 147.88 144.77 140.28 137.17 UP

HINDUSTAN UNILEV 2158.40 2143.20 2115.40 2087.60 2100.20 2072.40 2057.20 2029.40 DOWN

ICICI BANK 375.47 367.73 362.47 357.20 354.73 349.47 341.73 336.47 UP

INDUSIND BANK 445.47 436.38 429.37 422.35 420.28 413.27 404.18 397.17 UP

INFOSYS LTD 721.07 716.38 709.97 703.55 705.28 698.87 694.18 687.77 DOWN

IOC LTD 94.75 92.40 90.90 89.40 88.55 87.05 84.70 83.20 UP

ITC LTD 205.13 203.57 201.78 200.00 200.22 198.43 196.87 195.08 DOWN

JSW STEEL 209.97 206.18 201.62 197.05 197.83 193.27 189.48 184.92 DOWN

KOTAK MAHINDRA B 1393.87 1375.93 1356.87 1337.80 1338.93 1319.87 1301.93 1282.87 DOWN

LARSEN & TOUBRO 987.87 973.88 964.57 955.25 950.58 941.27 927.28 917.97 UP

MAHINDRA & MAHIN 504.68 497.07 490.63 484.20 483.02 476.58 468.97 462.53 UP

MARUTI SUZUKI 5911.00 5848.00 5797.10 5746.20 5734.10 5683.20 5620.20 5569.30 UP

NTPC LTD 103.43 100.82 99.38 97.95 96.77 95.33 92.72 91.28 UP

ONGC LTD 92.63 90.72 88.83 86.95 86.92 85.03 83.12 81.23 UP

POWER GRID CORPO 185.40 179.85 175.65 171.45 170.10 165.90 160.35 156.15 UP

RELIANCE INDUSTR 1652.87 1635.43 1608.57 1581.70 1591.13 1564.27 1546.83 1519.97 DOWN

STATE BANK OF IN 206.87 198.33 193.07 187.80 184.53 179.27 170.73 165.47 UP

SUN PHARMACEUTIC 524.90 517.95 506.10 494.25 499.15 487.30 480.35 468.50 DOWN

TATA MOTORS 129.18 120.82 115.78 110.75 107.42 102.38 94.02 88.98 UP

TATA STEEL 365.32 354.48 346.72 338.95 335.88 328.12 317.28 309.52 UP

TCS LTD 2141.77 2119.88 2084.07 2048.25 2062.18 2026.37 2004.48 1968.67 DOWN

TECH MAHINDRA 609.15 601.35 590.60 579.85 582.80 572.05 564.25 553.50 DOWN

TITAN COMPANY 1029.63 1012.32 1001.63 990.95 984.32 973.63 956.32 945.63 UP

ULTRATECH CEMENT 4053.87 3991.18 3930.37 3869.55 3867.68 3806.87 3744.18 3683.37 UP

UPL LTD 471.45 458.70 449.05 439.40 436.30 426.65 413.90 404.25 UP

VEDANTA LTD 110.08 108.17 106.73 105.30 104.82 103.38 101.47 100.03 UP

WIPRO LTD 226.25 223.25 221.00 218.75 218.00 215.75 212.75 210.50 UP

ZEE ENTERTAINMEN 218.42 214.43 210.32 206.20 206.33 202.22 198.23 194.12 DOWN

NEXT WEEK MAJOR ECONOMIC EVENTS

Time Cur. Imp. Event Forecast Previous

Monday, June 8, 2020

All Day Holiday Australia - Queen's Birthday

5:20:00 AM JPY GDP (QoQ) (Q1) -0.50% -0.90%

Tuesday, June 9, 2020

7:30:00 PM USD JOLTs Job Openings (Apr) 5.750M 6.191M

Wednesday, June 10, 2020

5:00:00 PM INR M3 Money Supply 11.70%

6:00:00 PM USD Core CPI (MoM) (May) -0.10% -0.40%

8:00:00 PM USD Crude Oil Inventories 3.038M -2.077M

11:30:00 PM USD FOMC Economic Projections

11:30:00 PM USD FOMC Statement

11:30:00 PM USD Fed Interest Rate Decision 0.25% 0.25%

Thursday, June 11, 2020

All Day Holiday Brazil - Corpus Christi Day

12:00:00 AM USD FOMC Press Conference

6:00:00 PM USD Initial Jobless Claims 1,877K

6:00:00 PM USD PPI (MoM) (May) 0.10% -1.30%

Friday, June 12, 2020

All Day Holiday Russia - Independence Day

11:30:00 AM GBP GDP (YoY) -22.30% -5.70%

11:30:00 AM GBP GDP (MoM) -18.70% -5.80%

11:30:00 AM GBP Manufacturing Production (MoM) (Apr) -15.00% -4.60%

11:30:00 AM GBP Monthly GDP 3M/3M Change -10.00% -2.00%

5:00:00 PM INR FX Reserves, USD 493.48B

5:30:00 PM INR CPI (YoY) (May) 5.55% 5.91%

5:30:00 PM INR Cumulative Industrial Production (Apr) -0.70%

5:30:00 PM INR Industrial Production (YoY) (Apr) -44.50% -16.70%

5:30:00 PM INR Manufacturing Output (MoM) (Apr) -20.60%

COPRPORATE ACTION

Symbol Series Face

Value(Rs.) Purpose Ex-Date

Record

Date

BC

Start

Date

BC End

Date

TANLA EQ 1 Buyback 9-Jun-20 10-Jun-20 - -

GESHIP EQ 10 Interim Dividend - Rs 2.70 Per Sh 9-Jun-20 10-Jun-20 - -

PAPERPROD EQ

2 Dividend - Rs 3 Per Share 11-Jun-20 - 15-Jun-

20

23-Jun-

20

WELENT EQ

10 Dividend - Rs 2 Per Share 11-Jun-20 - 13-Jun-

20

15-Jun-

20

NESTLEIND EQ

10 Annual General Meeting/Dividend - Rs 61 Per Share 11-Jun-20 - 13-Jun-

20

19-Jun-

20

ESABINDIA EQ 10 Interim Dividend - Rs 70 Per Share 11-Jun-20 12-Jun-20 - -

KANSAINER EQ

1 Annual General Meeting/Dividend - Rs 3.15 Per Share 12-Jun-20 - 16-Jun-

20

22-Jun-

20

TATACOFFEE EQ

1 Annual General Meeting/Dividend - Rs 1.50 Per Share 12-Jun-20 - 16-Jun-

20

22-Jun-

20

PRIMARY MARKET UPDATES

RESULT CALENDER

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

ADVENZYMES 30-May-20 KANPRPLA 30-May-20 YURANUS 30-May-20 UNIVCABLES 01-Jun-20

AFFLE 30-May-20 KEI 30-May-20 HINDOILEXP 31-May-20 VGUARD 01-Jun-20

AMARAJABAT 30-May-20 KSCL 30-May-20 ACEWIN 01-Jun-20 VINDHYATEL 01-Jun-20

AMBER 30-May-20 MCX 30-May-20 BIRLACABLE 01-Jun-20 WELENT 01-Jun-20

CREDITACC 30-May-20 MERCURYLAB 30-May-20 CIFL 01-Jun-20 YASHMGM 01-Jun-20

GESHIP 30-May-20 POLYCAB 30-May-20 MAGNAELQ 01-Jun-20 ASMTEC 02-Jun-20

GOYALASS 30-May-20 PRERINFRA 30-May-20 NKIND 01-Jun-20 BRITANNIA 02-Jun-20

ICL 30-May-20 RAMSONS 30-May-20 ORIENTELEC 01-Jun-20 DHAMPURSUG 02-Jun-20

IDBI 30-May-20 SESHAPAPER 30-May-20 SRIPIPES 01-Jun-20 DOLAT 02-Jun-20

INDERGR 30-May-20 STRATMONT 30-May-20 ULTRAMAR 01-Jun-20 GRANULES 02-Jun-20

Company Issue Size (Cr)

Open

Close Offer Price (Rs)

NA NA NA NA NA

MCX OPTION STRATEGY

COPPER : Sell Jun Put option strike of 420 at CMP 4.60 and in range of 427 to 423.

Maximum Profit : Put Premium

Maximum loss : Unlimited

Stop Loss : Exit in Put option if Copper price goes below 420.

TECHNICAL PICKS – COMMODITY

NCDEX SOYABEAN JULY (BUY):

Soyebean has given a consolidation and given a

upside breakout and closed above 200 DEMA of

3830. It is likely to go up to 3950 to 4030.

Traders can buy and buy on correction with SL

3830.

CMP : 3890

TARGET : 3950/4030

STOP LOSS : 3830

TECHNICAL PICKS – EQUITIES

AXIS BANK (BUY):

Stock has given a consolidation above

previous top of 380 and made a higher

bottom formation. It closed above 20

DEMA of 391. It is likely to go up to

425/430.

CMP : 405

TARGET : 425/430

STOP LOSS : 393

Ashok Leyland (BUY):

Stock has taken support at previous

support of 43 and given a bounce from this

level up to 48 and closed above 20 DEMA

of 46. It is likely to go up to 53/55.

CMP : 48

TARGET : 53/55

STOP LOSS : 46

LAST WEEEK RECOMMENDATION PERFORMANCE SHEET

Date Scrip BUY/ SELL Entry Target 1 Target-2 SL Exit Remark

1-Jun-20 CHAMBAL

FERTILIZERS BUY 137.50 141.00 142.00 135.00 138.45

1-Jun-20 SONATA BUY 208.00 215.00 216.00 203.00 205.00

1-Jun-20 LIC BUY 252.50 259.00 265.00 248.00 255.80

1-Jun-20 EQUITAS BUY 46.00 50.00

44.00 46.10

1-Jun-20 EQUITAS BTST 45.80 50.00

44.00 48.75

2-Jun-20 IRCON BUY 89.70 95.00 97.00 87.00 89.00

2-Jun-20 LTTS BUY 1,197.00 1,225.00 1,230.00 1,180.00 1,230.00 TARGET DONE

2-Jun-20 PRESTIGE BUY 158.00 167.00 172.00 153.00 167.00 TARGET DONE

2-Jun-20 RAYMOND POSITIONAL 233.00 259.00 265.00 245.00 263.00 TARGET DONE

2-Jun-20 AXIS BTST 408.00 415.00

403.00 415.00 TARGET DONE

3-Jun-20 IRCON BUY 90.00 97.00 99.00 87.00 95.00

3-Jun-20 SUNPHARMA BUY 480.00 495.00 499.00 472.00 481.60

3-Jun-20 V GUARD BUY 186.00 192.00 193.00 183.00 191.45

3-Jun-20 BOB BUY 44.00 46.00 47.00 43.00 45.10

4-Jun-20 CUMMINS INDIA BUY 384.00 392.00 397.00 380.00 380.00 SL HIT

4-Jun-20 SUNPHARMA BUY 484.00 497.00 502.00 478.00 497.00 TARGET DONE

4-Jun-20 TCS BUY 2,075.00 2,095.00 2,110.00 2,059.00 2,100.00 TARGET DONE

4-Jun-20 SUNPHARMA BTST 497.00 505.00

492.00 505.00 TARGET DONE

5-Jun-20 CUMMINS INDIA BUY 382.00 391.00 395.00 376.00 395.00 TARGET DONE

5-Jun-20 HPCL BUY 201.00 207.00 210.00 197.00 205.00

5-Jun-20 ISEC BUY 397.00 405.00 410.00 392.00 395.00

5-Jun-20 BEML BUY 611.00 625.00 635.00 625.00 635.00 TARGET DONE

5-Jun-20 LAL PATH LAB BUY 1,570.00 1,595.00 1,605.00 1,550.00 1,605.00 TARGET DONE

5-Jun-20 LT FINANCE BUY 60.70 63.00 64.00 59.00 62.90 TARGET DONE

5-Jun-20 IDFC FIRST BUY 24.00 25.00 - 23.50 24.30

Address:

4th

Floor, Baid House, 1, Tara Nagar,

Ajmer Road, Jaipur - 302006,

Tel. Ph. 0141- 4050515

Email- [email protected]

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 MonthLTP as on

05.06.2020Strategy Resistance Support Technical Comments

Chana July 4191

Buy around

support levels

and sell near

resistance

levels

4250/4290 4150/4130

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

4160. Traders can buy on declines near support levels with SL 4130. It

can also correct from resistance levels.

Guar Gum July 5573

Buy on

declines and

sell near

resistance

levels

5750/5930 5470/5350


5470. Traders can buy on correction near support levels with SL 5450.

Below this level it can correct up to around 5350. It can also bounce

from this level. It can also correct from resistance levels.

Guar Seed July 3580

Buy on

declines and

sell near

resistance

levels

3650/3730 3530/3450


3530. Traders can buy on declines with SL 3530. Below this level it

can correct up to around 3450. It can also bounce from this level. It


Jeera July 13665

Buy on

declines and

sell near

resistance

levels

13950/14300 13500/13200


13510. Traders can buy on declines with SL 13500. Near resistance

levels it can give some correction.

Agri Commodities

Soyabean July 3896

Buy on

declines and

sell near

resistance

levels

3950/4030 3830/3790

It has made a higher bottom formation and closed above 200 DEMA

of 3830. Traders can buy on declines with SL 3830. Near resistance

levels it can give some correction.

RMSeed July 4621

Buy on

declines and

sell near

resistance

levels

4670/4750 4520/4390


4390. Traders can buy on declines near support levels with SL 4520.

Below this level it can correct up to around 4390. It can also bounce

this level. Near resistance levels it can give some correction.

Soya Oil Ref. July 800

Buy on

declines and

sell near

resistance

levels

820/830 790/780


of 791. Traders can buy on delcines with SL 790. Below this level it

can correct up to around 780. It can also bounce from this level. Near

resistance levels it can give some correction.

Cocud(N) July 2220Buy on

declines 2290/2370 2110/2050


of 2045. Traders can buy on declines with SL 2110. Below this level it

can correct up to around 2050. It can also bounce from this level.

Near resistance levels it can give some correction.

Dhania July 5643

Buy around

support levels

and sell near

resistance

levels

5770/5970 5550/5430


5630. Traders can buy on declines with SL 5550. Below this level it

can correct up to around 5430. It can also bounce from this level.


TMC July 5489

Buy around

support levels

and sell near

resistance

levels

5670/5930 5370/5270


5370. Traderscan buy on declines near support levelswith SL 5270.


Mentha oil (MCX) Jun 1075

Sell on rise and

buy near

support levels

1090/1110 1050/1030

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

1130. Traders can sell on rise with SL 1130. It can also bounce from

support levels.

CPO (MCX) Jun 651

Buy around

support levels

and sell near

resistance

levels

660/670 640/625


of 645. Traders can buy on correction near support levels with SL

640. Below this level it can correct up to around 625. It can also

bounce from this level. Near resistance levels it can give some

correction.

Commodity MonthLTP as on

05.06.2020Strategy Resistance Support Technical Comments

Gold Aug 45698

Sell on rise and

buy near

support levels

46100/4650045300/

43900

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

46490. Traders can sell on rise near resistance levels with SL 46500. Its

immediate support is likely to be seen around 45300. From this level it

can give some bounce. If trades or closes below 45300 it can correct up to

around 43900.

Silver July 47351

Sell on rise and

buy near

support levels

48100/4850046700/

45900

Silver has made a lower top formation and closed at 20 DEMA of 47350.

Traders can sell on rise near resistance levels with SL 48500. Its

immediate support is likely to be seen around 46700. From this level it

can give some bounce. If trades or closes below 45300 it can correct up to

around 45900.

Copper Jun 433

Buy on declines

and sell only

near resistance

levels

441/450 427/421

Copper has made a higher bottom formation and closed above 20 DEMA

of 421. Traders can buy on declines with near SL of 427. Below this level it



Aluminum Jun 135.6

Buy on declines

and sell only

near resistance

levels

137/140 133/132

It has made a higher bottom formation and closed around 100 DEMA of

134. Traders can buy on correction with near SL of 132. Below this level it

can correct up to around 130 to 128. It can also bounce from these levels.

It can also correct from resistance levels.

Non - Agri Commodities

Lead Jun 140

Buy on declines

and sell only

near resistance

levels

142/145 137/135

It has made a higher bottom formation and closed around 100 DEMA of


can correct up to around 137. It can also bounce from these levels. It can

also correct from resistance levels.

Zinc Jun 164.3

Buy on declines

and sell only

near resistance

levels

167/170 161/159


161. Traders can buy on correction near support levels with SL 161. Below

this level it can correct up to around 159. It can also correct from

resistance levels.

Nickel Jun 975

Buy on declines

and sell only

near resistance

levels

1010/1030 970/950





Crude Oil Jun 2990

Buy around

support levels

and sell near

resistance

levels

3090/3230 2870/2770

It has made a higher bottom formation and closed at 20 DEMA of 2470.

Traders can buy on correction with near SL of 2870. Below this level it can

correct up to around 2770 to 2720. It can also bounce from these levels. It


Natural Gas Jun 136

Buy around

support levels

and sell near

resistance

levels

141/150 132/128

It has made a lower top formation and closed below 100 DEMA of 141.

Traders can sell on rise with SL 143. Above this level it can go up to

around 150 to 153. It can also correct from these levels. Near support

levels it can give some bounce.

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