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Welcome NoteMonday

09th September, 2019

Title Page No.

Morning Quantum Global 04-08

Top Picks 09-10

Equity Derivatives 11

Daily Pivot Table (Equity) 12

Compass & Navigator 13-15

Daily Pivot Table (Commodities) 16

Disclaimer 17

CONTENTS

Morning Quantum Global

TOP PICKS

COMPASS & NAVIGATOR

One Stop Investment Avenue

The Right Way to Do the Right Things…Morning Quantum Global newsletter provides insights and themes for Indian equity markets. We also try and cover international themes for the day. This newsletter is quite popular with traders as it covers the most preferred trading strategy for Sensex/Nifty for the day.

In Chart of the day section, we recommend a stock which is likely to move significantly in the short term, clearly defining the supports, the resistances and bias for the stock.

In a nutshell, Morning Quantum Global covers themes and insights for the day.

MORNING Quantum Global

Nifty Outlook

Intraday

Medium Term

Long Term

Key Levels to Watch

Nifty Support

Nifty Resistance

Pivot Level

Nifty

Outlook for the Day

INDICES

Nifty

Bank Nifty

Nifty Auto Index

Nifty FMCG Index

Nifty Infra Index

Nifty IT Index

Nifty Media Index

Nifty Midcap Index

Nifty Metal Index

Nifty Pharma Index

Nifty Reality Index

Nifty Smallcap Index

Sensex

SGX Nifty

One Stop Investment Avenue www.quantumglobal.in


Good Morning & Welcome to Monday's trading action at Dalal

Street, dated 9th September 2019.

The street will look for a 'Good Start'— and hopefully a bright trading day.

That's on backdrop of momentum stocks that were on roll at Dalal Street

in Friday’s trade. The positive catalyst obviously was reports that the

United States and China are set to go back to the negotiable table this

October.

And this morning helping sentiments would be Friday’s U.S jobs report for

August that showed a fewer-than-expected 130,000 new jobs created in

the month. Well, the employment data supports markets expectation for a

rate cut later this month by the Federal Reserve. Clearly, U.S. interest

rates are headed from low to lower.

Amidst this backdrop, Wall Street mostly ended higher in Friday’s trade.

Digging deeper, the Dow Jones index now stands 2.1% shy of its record

closing high at 27,359.16, hit July 15, while the S&P 500 is about 1.6%

short of its all-time closing high set on July 26 at 3,025.86, and the Nasdaq

is 2.7% from its July 26 record at 8,330.21.

Meanwhile, commanding attention would be China’s slashing its reserve-

requirement ratio by a half-point on Friday, and for the third time this year

— releasing $126.35 billion in liquidity to shore up the flagging economy.

The size of the latest move was at the upper end of market expectations,

and the amount of funds released will be the largest so far in the current

easing cycle.

Now the only catalyst dampening sentiments at Dalal Street are FIIs

selling. In Friday’s trade too, FII’s sold shares worth Rs. 957.05 crores in

the Indian Equity Market which totals the September sell figure to Rs.

5272.91 crores.

That brings us to our call of the day which suggests tricky session ahead

for traders as FII’s selling are still a risk to the bulls’ camp, but that said

keeping downside limited would be Finance Minister Nirmala Sitharaman's

addresses over the past three weeks which suggests that the government

is leaving no stone unturned to provide economic push back.

We suspect, short covering and value buying could be the order of the day

at lower levels.

That said, this market has much work to do to be on the bullish side again.

We will spy with one big eye on this big camp and look out for catalysts

which bring them back bulls to Dalal Street. Hopefully, U.S-China trade

developments takes Nifty above its magical 12,000 mark again.

10946 0.91%

27248 1.22%

7102 2.61%

28650 -0.21%

3025 1.13%

16034 0.02%

1905 1.19%

4255 1.14%

2358 1.91%

8069 -0.04%

254 -0.66%

5445 0.88%

36982 0.92%

10964 0.35%

Positive session likely.

Positive (10891-11001)

Neutral (10201-11501)

Neutral (9100)

10837 & 10637

11001 & 11001

11707



Technical StrategyLong story short: If Nifty ends on a stronger note today with FIIs

participation on buy side then that means the next move for the market is

probably higher. We just need to see significant buying in today’s trade

before we buy into a rally.

SGX Nifty in early action is indicating a bounce thanks to Friday’s strong

positive Wall Street cues where the Dow Jones Industrial Average finally

continues to move out of its range to the upside.

Technically, Nifty’s immediate hurdles are at 11,201 mark. This 11,201

mark happens to be the 200 DMA. So until Nifty clears 11,201 mark, brace

yourself for choppy waters. Nifty’s immediate support seen at 10637

mark.

Maximum Call Open Interest (OI) of 21.35 lakh contracts was seen at the

11,000 strike price. It will act as a crucial resistance level for the

September series. Maximum Put Open Interest of 32.75 lakh contracts

was seen at 10,800 strike price, which will act as crucial support in

September series.

STOCKS TO WATCH:

• Our chart of the day suggests establishing long positions in stocks

like VOLTAS, ASHOK LEYLAND and BERGER PAINTS with interweek

perspective.

• BULLISH STOCKS: ASHOK LEYLAND,BERGER PAINTSBEL,

UJJIVAN, CHOLAMANDALAM FINANCE, HCL TECH, ICICI

PRUDENTIAL, INDIGO, MANAPPURAM, PFC, REC, TCS, UPL,

VOLTAS

• BEARISH STOCKS: IBULHSGFIN, PEL, UBL, MINDTREE.

HINDUNILVR, IGL.

• SHOW ME THE MONEY: BUY BERGER PAINTS (CMP 364.40): The

interweek risk is on the upside with immediate targets at 375.

Momentum oscillators signaling major strength. Interweek

Strategy: Buy at CMP, targeting 375 and then at 385-389 zone stop

below 355.

• Stocks banned in F&O segment for today: NIL.

Outlook for Monday: Buy on dips.

Cholamandalam Investment and Finance Company

Limited, a non-banking finance company, provides

various financial services in India. The company

operates through three segments: Vehicle Finance

Loans, Home Equity, and Other Loans.

It offers two wheeler and commercial vehicle loans,

tractor loans, car and MUV loans, and construction

equipment loans, as well as loans to automobile

dealers; loans against properties; home loans for

self construction, loans for the purchase of plots and

ready to occupy homes, and balance transfer facility

for existing home loans; home equity loans;

business loans for small and medium enterprises;

rural and agri-loans; and refinance against existing

vehicles.

Technically, CHOLAMANDALAM’s stock price pattern

appears attractive even at current higher levels.

The near term momentum oscillators are in buy

mode signaling further sharp up-move.

The stock price is signaling a break out from a

probable Flag pattern on daily charts with a probable

resistance at its intermediate high at 281mark. The

stock is witnessing buying pressure after

consolidating between 264-2815 zone for past 7-

days. Major strength on cards above 311 levels.

Also the recent sequence of higher highs / lows is

intact in the daily and intraday charts.

Reverse divergences on weekly and monthly charts

along with positive momentum likely to work as

positive catalyst for the stock. The stock is likely to

continue its outperformance going forward.

Establishing buy positions at CMP, targeting281

and then at 301-311 zone. Stop below 255.

Holding Period: 21-30 Days.

CHOLAMANDALAM FINANCE

Action

Target

Support

Resistance

Holding Period

268

BUY

311

261/255

281/311

30 Days



FII/DII & OPTIONS DATA:

• For Nifty, Maximum Call Open Interest (OI) stands at 11000 Strike Price, followed by 11200 Strike Price for 12th

September Series. Short covering was seen at strike price 10800-10900.

• Maximum Put Open Interest (OI) was seen at strike price 10900 followed by 10800 strike price for 12th September

series. Short buildup was seen at strike prices 10300-11200.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 28000 Strike Price and Maximum Put Open Interest

stands at 26500 Strike Price.

• As per Friday’s Provisional Data available on the NSE, FII’s sold shares worth Rs. 957.05 crores in the Indian Equity

Market. DIIs on the other hand, bought shares worth Rs. 1207.20 crores in the Indian Equity market.

GLOBAL CUES:

• The Dow and the S&P 500 logged their third day of gains in a row on Friday, on the heels of the government jobs

report that showed hiring slowed in August. Friday’s jobs report showed that the United States added 1,30,000

jobs last month, missing streets’ expectations and providing further evidence of a slowdown in hiring.

• The employment data supports the streets’ expectations for a rate cut later this month.

• China's Commerce Ministry said the two sides will hold high-level negotiations in Washington early next month,

while the U.S. side confirmed a sit-down "in the coming weeks." Preliminary talks are expected to be in mid-

September, the Commerce Ministry said following a phone call Wednesday with China's Vice Premier Liu He and

U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin.

ECONOMIC CUES:

• India's GDP growth slipping to an over six-year low of 5% in the June quarter of 2019-20. It was the weakest

growth rate since the first quarter of 2013.

• The latest GST collection in August drops below Rs 1 lakh cr mark. The subdued trend in GST receipts coincides

with the economic downturn.

• Manufacturing growth almost collapses at 0.6% in the June quarter, against 3.1% in the March quarter, in a sign of

the dismal state of the industrial sector of the economy. Among services sectors, only trade, hotels,

communication segment have grown faster in the June quarter at 7.1%, compared with the March-quarter growth

of 6%. Both financial services (5.9%) and public administration services (8.5%) decelerated in the June quarter.

The only sector that registered a robust pick-up is electricity, growing at 8.6% in the June quarter, from 4.3% in the

preceding quarter.

• A revision of 2nd quarter GDP growth showed the U.S. economy growing at a 2% annual rate rather than the

previously reported 2.1%. The revised numbers also showed the U.S. consumer playing an even larger role in

economic growth than before, as personal consumption accounted for 3.1% points of growth, versus the initially

reported 2.9%.



COMMODITY NEWS:

• In Friday's trade, Crude-oil prices traded with positive bias. Confirmation of strength only above key hurdles now at

58.05 zone. Key support seen at 52.50. Interweek strategy: Establish buy positions at CMP, targeting 60-61.50

zone with strict stop at 54.45.

• MCX COPPER: Interweek strategy: Establish long positions at CMP, targeting 465 zone and then aggressive targets

at 475-481 zone with stop at 437.

That said, aggressive buying unlikely.

• Preferred trade on Nifty (10946): Buy between 10871-10901 zone. Targets at 10989/11001. Stop 10701.

• Preferred trade on Bank Nifty (27248): Buy at CMP. Targets at 27601/28277. Stop 26411.

Daily chart of Nifty:

Bulls Vs. Bears: Time to Pick a Side!!

The Journey of life is sweeter when traveled by…Quantum Global Top Picks

TOP PICKS (F & O) It's like having investment binoculars !

Quantum Global Top Picks: It's like having Investment binoculars!!

When we want to see what's happening far off, we will reach for the binoculars. The binocular helps us to steer out of danger and also accurately spots our targets.

When it comes to trading / investing, that's exactly how Quantum Global Top Picks helps us to identify the best five momentum stocks for the week. This daily newsletter introduces to the momentum stocks from the list of Future & Option segment, defining their support and resistance levels, and attempts to forecast their movement with a short /medium term perspective.


R2STOCKS LTP S1 S2 R1 TRADING STRATEGYBIAS

TOP PICKS (F & O) It's like having investment binoculars !


Oversold conditions prevail. Positive bias as long as 61 support is held. Confirmation of strength above 68. Interweek Strategy: Buy at CMP, targeting 68 and then at 71-72.50 zone with stop below 60.

BAJAJ FINSERV enjoyed a strong session in Friday's trade, up 2.50%. Key intraday support seen at 7021. Interweek Strategy: Buy between 7125-7150 zone, targeting 7345 and then at 7775-7811 zone. Stop below 6971.

The interweek risk is on the upside with immediate targets at 3751. Momentum oscillators signaling major strength. Interweek Strategy: Buy at CMP, targeting 375 and then at 385-389 zone stop below 355.

UPL is seen rebounding from its key support at 497 levels (61.8% Fib level July 2018 low to August 19 Aug highs). Bullish reverse divergences likely to act as positive trigger. Interweek Strategy: Buy at CMP. Targets 579/627. Stop 543.

Voltas is aiming to move above its 6-month higher consolidation zone. Interweek Strategy: Buy between 621-625 zone, targeting 645 and then more aggressive targets located at 665-667.50 zone. Stop below 611.

Berger Paints and Voltas have more room to run. Establish long positions with interweek perspective.

ASHOK LEYLAND

BAJAJ FINSERV

BERGER PAINTS

UPL

VOLTAS

63.9 61 57.5 68 72.5 Positive

7176 7021 6841 7345 7811 Positive

364.4 361 365 375 389 Positive

568 547 527 579 627 Positive

630 621 603 645 667.5 Positive

Derivatives Strategies

Nifty Spot

VIX

Premium

Nifty Future OI

Cash Volumes (INR in Cr.)

YesterdayDay Before Yesterday

Derivatives Vol.(INR in Cr.)

No of contracts

Turnover (Rs. In cr.)

BSE Cash Vol. (Rs. in Cr)

NSE Cash Vol.(Rs. in Cr)

NSE Derivative Vol. (Rs. in Cr)

Index Future Volumes

Stock Future Volumes

Index Option Volumes

Stock Option Volumes

Total


EQUITY DERIVATIVESLooking into the future from present.

Changes in Open Interest (OI) in yesterday’s trade.

Major Changes in Nifty Options (OI)

Bank Nifty Spot

Bank Nifty OIFuture

Future Call: BUY ADANI ENTERPRISES SEPTEMBER FUTURES at

CMP 138.15. Targets at 140.35 and then at 144. Stop: 134.95.

Holding Period: Intraday. Analyst’s Remark: Rebound Play. (Adani

Enterprises September Futures CMP 138.15).

Option Call: BUY NIFTY 12th SEPTEMBER CE Strike Price 11100 at

CMP 21.55. Profit: Unlimited. Maximum Loss: Rs.1,616.25/-. Stop:

Exit Call option if Nifty moves below 10801. (Nifty September

Futures CMP 10973.65).

10946.20 (+0.91%)

27247.90 (+1.22%)

16.2750 (-5.78%)

+28 vs +34

1.72 crores (-2.01%)

15.99 lakhs (-3.43%)

1764.16 1735.11

29343.60 28996.94

643321.69 2649217.73

307451 20596.56

761297 40890.65

8348214 543591.87

663852 38242.61

10080814 643321.69

Calls in lakhs (% Change)

10800 3.87 (-21%)

11100 12.36 (+48%)

11300 5.74 (+59%)

Puts in lakhs (% Change)

10600 9.04 (+76%)

10700 11.4 (+83%)

10900 20.97 (+112%)

Monday09th September, 2019

Market Summary:

• Nifty September Futures ended Friday's session at a premium of

+28 vs premium of +34.

• The 12th September expiry Put-Call Open Interest Ratio was at

1.23 for Nifty whereas it was 0.89 for Bank Nifty.

• The 12th September expiry Put-Call Volume Ratio was at 0.95 for

the Nifty and 0.75 for Bank Nifty.

• For Nifty, Maximum Call Open Interest (OI) stands at 11000 Strike

Price, followed by 11200 Strike Price for 12th September Series.

Short covering was seen at strike price 10800-10900.

• Maximum Put Open Interest (OI) was seen at strike price 10900

followed by 10800 strike price for 12th September series. Short

buildup was seen at strike prices 10300-11200.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 28000

Strike Price and Maximum Put Open Interest stands at 26500

Strike Price.

• As per Friday’s Provisional Data available on the NSE, FII’s sold

shares worth Rs. 957.05 crores in the Indian Equity Market. DIIs

on the other hand, bought shares worth Rs. 1207.20 crores in the

Indian Equity market.

• Long Buildup: ASHOKLEY, REC, PFC, KOTAKBANK.

• Short Buildup: IBULHSGFIN, PEL, UBL, MINDTREE.

• Short Covering: TATAMOTORS, RELIANCE, ADANIENT, VEDL.

• Long Unwinding: RAYMOND, HINDUNILVR, IGL.

• Stocks banned in F&O segment: NIL.

• New in Ban: NIL.

• Out of Ban: NIL.


DAILY PIVOT TABLE

All level indicated above are based on cash market prices.

Pivot Point

PP : Pivot Point : This is trigger point for weekly buy/sell based on the price range of the previous week.R1 : Resistance one : 1st Resistance over PP. R2 : Resistance two : 2nd Resistance over R1.S1 : Support one : 1st support after PP. S2 : Support Two : 2nd support after S1.

As per the tool, the trader should take BUY position just above PP and keep the stop loss of PP and the first target would be R1.If R1 is crossed then R2 becomes the next target with the stop loss at R1.

Similarly if price goes below PP the trader should SELL and keep the PP as Stop loss and the first target would be S1.

If S1 is crossed then S2 becomes the next target with the stop loss at S1.This is a trading tool. The key to use of this tool is the use of STOP LOSS.

Instrument Close S1 S2 R1 R2 200 Day SMA Reversal Point Trend


NIFTY 10946 10837 10728 11056 11166 11216 11247 DOWN

BANKNIFTY 27248 26975 26706 27520 27796 28606 28495 DOWN

NIFTYIT 16035 15874 15715 16195 16357 15484 15412 UP

0 0 0 0

ACC 1463 1449 1434 1478 1493 1531 1577 DOWN

ADANIENT 138 136 135 139 141 142 141 DOWN

ADANIPORTS 366 362 358 369 373 377 375 DOWN

ADANIPOWER 58 58 57 59 60 51 56 UP

AMARAJABAT 626 619 613 632 638 686 654 DOWN

AMBUJACEM 195 193 191 197 199 216 208 DOWN

APOLLOHOSP 1500 1485 1470 1515 1530 1274 1403 UP

APOLLOTYRE 175 173 172 177 179 203 159 UP

ARVIND 51 50 50 51 52 80 55 DOWN

ASHOKLEY 64 63 63 65 65 87 68 DOWN

ASIANPAINT 1532 1517 1502 1548 1563 1419 1618 DOWN

AUROPHARMA 619 613 607 626 632 702 571 UP

AXISBANK 671 664 658 678 685 712 705 DOWN

BAJAJ-AUTO 2839 2811 2783 2868 2896 2816 2607 UP

BAJAJFINSV 7176 7104 7033 7248 7320 7027 7662 DOWN

BAJFINANCE 3373 3339 3306 3407 3441 2981 3474 DOWN

BALKRISIND 725 717 710 732 739 843 690 UP

BANKBARODA 94 93 93 95 96 115 105 DOWN

BANKINDIA 64 63 62 64 65 88 72 DOWN

BATAINDIA 1541 1526 1511 1557 1572 1296 1450 UP

BEL 109 108 107 110 111 94 95 UP

BERGEPAINT 364 361 357 368 372 321 351 UP

BHARATFORG 395 391 387 399 403 478 416 DOWN

BHARTIARTL 349 346 342 353 356 319 322 UP

BHEL 52 51 51 52 53 66 55 DOWN

BIOCON 236 234 232 239 241 285 245 DOWN

BOSCHLTD 13807 13669 13532 13945 14085 17453 15078 DOWN

BPCL 379 375 371 383 387 359 330 UP

BRITANNIA 2668 2641 2615 2695 2722 2923 2433 UP

BSE SENSEX 36982 36612 36246 37352 37725 37463 38113 DOWN

BSOFT 70 69 69 71 72 99 73 DOWN

CADILAHC 239 236 234 241 244 296 240 DOWN

CANBK 192 190 188 194 196 257 224 DOWN

CASTROLIND 120 119 118 122 123 146 112 UP

CENTURYTEX 850 842 833 859 867 895 914 DOWN

CESC 785 777 769 792 800 719 714 UP

CHOLAFIN 269 267 264 272 275 264 239 UP

CIPLA 475 470 465 480 484 531 500 DOWN

COALINDIA 199 197 195 201 203 234 204 DOWN

COLPAL 1252 1239 1227 1264 1277 1221 1190 UP

CONCOR 505 499 494 510 515 519 453 UP

CUMMINSIND 574 569 563 580 586 742 616 DOWN

DABUR 441 437 433 446 450 417 419 UP

DHFL 47 46 46 47 48 133 55 DOWN

DISHTV 23 23 22 23 23 33 27 DOWN

DIVISLAB 1638 1621 1605 1654 1671 1597 1684 DOWN

DLF 154 153 151 156 157 178 176 DOWN

DRREDDY 2740 2713 2685 2767 2795 2654 2537 UP

EICHERMOT 16407 16243 16081 16571 16737 20215 17343 DOWN

ENGINERSIN 109 108 106 110 111 114 109 DOWN

EQUITAS 116 115 114 117 118 122 116 UP

ESCORTS 486 481 476 491 496 636 442 UP

EXIDEIND 180 178 177 182 184 219 191 DOWN

FEDERALBNK 83 82 81 84 85 93 89 DOWN

GAIL 131 130 129 133 134 161 133 DOWN

GLENMARK 391 387 383 395 399 569 413 DOWN

GMRINFRA 16 15 15 16 16 16 14 UP

GODREJCP 600 594 588 605 612 690 650 DOWN

GRASIM 704 697 690 711 718 825 776 DOWN

HAVELLS 660 653 647 666 673 718 709 DOWN

HCLTECH 1100 1089 1079 1111 1123 1043 1039 UP

HDFC 2041 2021 2001 2062 2082 2034 2194 DOWN

HDFCBANK 2246 2223 2201 2268 2291 2234 2291 DOWN

HEROMOTOCO 2660 2633 2607 2687 2713 2725 2435 UP

HEXAWARE 387 383 379 391 395 349 361 UP

HINDALCO 188 187 185 190 192 202 194 DOWN

HINDPETRO 262 259 257 265 267 261 231 UP

HINDUNILVR 1819 1801 1783 1837 1856 1764 1762 UP

HINDZINC 217 215 213 219 221 253 217 DOWN

IBULHSGFIN 426 421 417 430 434 696 519 DOWN

ICICIBANK 391 387 384 395 399 389 429 DOWN

ICICIPRULI 441 437 432 445 450 352 395 UP

IDBI 28 28 27 28 28 44 23 UP

IDEA 5 5 5 5 5 16 7 DOWN

IDFCFIRSTB 43 43 42 43 44 45 41 UP

IGL 328 325 322 332 335 299 307 UP

INDIGO 1649 1632 1616 1665 1682 1366 1535 UP

INDUSINDBK 1331 1318 1305 1344 1358 1532 1463 DOWN

INFRATEL 250 248 245 253 255 277 267 DOWN

INFY 840 832 823 849 857 731 794 UP

IOC 127 126 124 128 130 144 130 DOWN

ITC 244 241 239 246 249 280 257 DOWN

JINDALSTEL 96 95 94 97 98 150 111 DOWN

JSWSTEEL 218 216 214 220 222 276 235 DOWN

JUBLFOOD 1205 1193 1181 1217 1229 1273 1241 DOWN

JUSTDIAL 707 700 693 714 721 603 759 DOWN

KAJARIACER 489 485 480 494 499 539 502 DOWN

KOTAKBANK 1442 1427 1413 1456 1471 1361 1523 DOWN

L&TFH 92 91 90 93 94 128 104 DOWN

LICHSGFIN 399 395 391 403 407 495 449 DOWN

LT 1329 1315 1302 1342 1355 1392 1384 DOWN

LUPIN 773 765 758 781 789 794 721 UP

M&M 530 524 519 535 540 658 568 DOWN

M&MFIN 324 321 318 327 331 400 340 DOWN

MANAPPURAM 118 117 116 119 120 114 126 DOWN

MARICO 383 379 375 386 390 364 375 UP

MARUTI 6187 6125 6064 6249 6311 6808 5612 UP

MCDOWELL-N 609 603 597 615 621 576 566 UP

MCX 885 876 868 894 903 780 859 UP

MFSL 406 402 398 410 414 424 451 DOWN

MGL 847 838 830 855 864 883 786 UP

MINDTREE 686 679 672 692 699 874 743 DOWN

MOTHERSUMI 99 98 97 100 101 137 110 DOWN

MRF 58754 58167 57585 59342 59935 58899 55448 UP

MUTHOOTFIN 585 579 574 591 597 569 635 DOWN

NATIONALUM 43 43 42 44 44 53 37 UP

NBCC 36 35 35 36 36 55 29 UP

NCC 57 56 56 58 58 89 66 DOWN

NESTLEIND 12614 12488 12363 12740 12867 11164 11711 UP

NIITTECH 1448 1434 1420 1463 1478 1273 1335 UP

NMDC 84 83 82 84 85 100 95 DOWN

NTPC 127 126 124 128 130 126 109 UP

OFSS 3042 3011 2981 3072 3103 3431 3261 DOWN

OIL 152 151 149 154 155 174 157 DOWN

ONGC 128 127 125 129 131 151 131 DOWN

PAGEIND 17960 17780 17602 18139 18321 22145 19330 DOWN

PEL 1882 1863 1845 1901 1920 2195 1749 UP

PETRONET 264 262 259 267 269 233 245 UP

PFC 109 107 106 110 111 111 114 DOWN

PIDILITIND 1372 1358 1345 1386 1400 1201 1301 UP

PNB 61 61 60 62 63 78 69 DOWN

POWERGRID 204 201 199 206 208 194 214 DOWN

PVR 1569 1553 1537 1584 1600 1608 1590 DOWN

RAMCOCEM 705 698 691 712 719 706 774 DOWN

RAYMOND 563 558 552 569 575 756 636 DOWN

RBLBANK 336 333 330 340 343 577 404 DOWN

RECLTD 151 149 148 152 154 136 151 DOWN

RELCAPITAL 35 35 35 36 36 142 44 DOWN

RELIANCE 1223 1210 1198 1235 1247 1248 1187 UP

RELINFRA 38 37 37 38 38 151 49 DOWN

SAIL 33 33 32 33 34 49 36 DOWN

SBIN 274 271 268 277 279 308 296 DOWN

SHREECEM 17871 17692 17515 18049 18230 18471 19411 DOWN

SIEMENS 1188 1176 1165 1200 1212 1107 1213 DOWN

SRF 2765 2737 2710 2792 2820 2478 2561 UP

SRTRANSFIN 995 985 975 1005 1015 1111 1057 DOWN

STAR 393 389 385 396 400 436 361 UP

SUNPHARMA 425 421 417 429 434 433 398 UP

SUNTV 436 431 427 440 444 545 470 DOWN

TATACHEM 579 574 568 585 591 620 601 DOWN

TATAELXSI 630 623 617 636 642 878 679 DOWN

TATAGLOBAL 263 260 258 265 268 226 254 UP

TATAMOTORS 121 120 119 122 124 170 129 DOWN

TATAMTRDVR 55 54 54 56 56 85 60 DOWN

TATAPOWER 58 58 57 59 59 69 61 DOWN

TATASTEEL 355 352 348 359 363 484 382 DOWN

TCS 2198 2176 2154 2219 2242 2071 2132 UP

TECHM 722 715 707 729 736 737 662 UP

TITAN 1069 1058 1047 1079 1090 1079 1028 UP

TORNTPHARM 1739 1722 1705 1757 1774 1715 1610 UP

TORNTPOWER 274 271 268 277 279 263 294 DOWN

TVSMOTOR 382 378 374 385 389 475 393 DOWN

UBL 1299 1286 1273 1312 1325 1365 1407 DOWN

UJJIVAN 310 307 304 313 316 293 261 UP

ULTRACEMCO 3908 3868 3830 3947 3986 4137 4268 DOWN

UNIONBANK 55 55 54 56 56 78 64 DOWN

UPL 568 562 557 574 579 582 602 DOWN

VEDL 142 140 139 143 145 173 151 DOWN

VOLTAS 630 623 617 636 642 582 580 UP

WIPRO 252 249 247 255 257 267 264 DOWN

YESBANK 60 60 59 61 62 166 75 DOWN

ZEEL 361 358 354 365 369 402 378 DOWN

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The Compass …Direction at a glance

A true Magic Carpet to sail over Global Trends…

with Quantum Global

Compass & Navigator

Compass & Navigator is a daily newsletter that provides technical update on all the major instruments of the world like Gold, Silver, Crude Oil, US Dollar Index and USD/INR. We define their support and resistance levels and attempt to forecast their movement with a short / medium term perspective. Also in the report, a trader will find bias for the mentioned instruments.

This newsletter is also quite popular with a market participant who loves to have insight & theme on MCX Gold, MCX Silver as well MCX Crude-Oil.

TRADING STRATEGYLTP S1 S2 R1 R2 Bias

MCX GOLD

MCX SILVER

MCX CRUDE OIL

MCX COPPER

MCX NATURAL GAS

USD-INR


The Compass …Direction at a glance

Instrument

Extremely overbought conditions prevail. Key supports now seen at 37772 zone. Interweek strategy: Buy on dips between 37772-38001 zone, targeting 39251 and then at 40501-40611 zone with stop at 36569.

Key supports now seen at 47319. Interweek strategy: Sell between 48501-48701 zone, targeting 47319 and then aggressive targets at 44717-45101 zone with stop at 39901.

Interweek strategy: Buy at CMP, targeting 4175 mark and then aggressive targets at 4301-4351 zone with stop at 3771.

Interweek strategy: Establish long positions at CMP, targeting 465 zone and then aggressive targets at 475-481 zone with stop at 431.

Natural Gas prices seen at oversold conditions. Support now seen at 146-151 zone. Interweek strategy: Establish long positions at CMP, targeting 171 and then at 201-205 zone with stop at 145.

Technically, USD/INR now faces major hurdles at 72.50. Aggressive traders can look to buy only on declines between 71.11-71.25 zone, targeting 72.50 and then aggressive targets seen at 73.05. Stop at 70.99.

38568 37772 36569 39251 40001 Neutral

47940 47319 44717 48701 50672 Neutral

4053 3901 3775 4175 4355 Positive

454 443 431 465 489 Positive

157.00 146.00 139.00 171.00 205.00 Positive

71.65 71.11 70.69 72.50 73.05 Positive

MCX COPPER: Establishing long positions should be the preferred strategy. Targets at 465.

TRADING STRATEGYLTP S1 S2 R1 R2

GOLD $

SILVER ($)

WTI CRUDE OIL ($ )

EUR/USD

Bias

DOW JONES

US Dollar Index


The Navigator …Sailing global trend

Instrument

Friday's employment data supports market hopes for a rate cut by Fed. Positive bias to continue for Dow Jones.

1515 1501 1477 1541 1571 Neutral

18.27 17.77 17.21 18.79 20.05 Neutral

56.73 55 52.45 58.05 61.5 Neutral

1.1133 1.0921 1.0801 1.1297 1.1547 Neutral

98.01 95.00 92.75 100.00 102.50 Positive

26798 25450 24778 27201 28001 Positive

Major interweek hurdles now seen at 1567-1571 zone. Support now seen 1501 zone on closing basis. Interweek Strategy: Buy between 1501-1507 zone, targeting 1541 and then at 1569-1571 zone with stop 1489.

Overbought technical conditions prevail. Hurdles now seen at 20.05. Interweek Strategy: Sell at CMP, targeting 17.77 zone and then at 17.21-17.25 zone with stop above 19.15.

Confirmation of strength only above key hurdles now at 58.05 zone. Key support seen at 55. Interweek strategy: Establish buy positions at CMP, targeting 60-61.50 zone with strict stop at 54.45.

EUR/USD faces major hurdles at 1.1297. Downside risk seen at 1.0801. Aggressive buying advised only above 1.1297 mark.

U.S Dollar index faces hurdles at 100. Downside well supported at 95. Establish long positions between 95-96 zone, targeting 100 and then at 102.50 with stop at 94.45.

The Dow and the S&P 500 logged their third day of gains in a row on Friday, on the heels of the government jobs report that showed hiring slowed in August. The employment data supports the streets’ expectations for a rate cut later this month.

Close S1 S2 R1 R2200 Day

SMA Reversal

Point TrendCommodityExchange


DAILY PIVOT TABLE

MCX ALUMINIUM

MCX CARDAMOM

NCDEX CASTOR

NCDEX CHANA

MCX COPPER

MCX COTTON

MCX CRUDE-OIL

MCX GOLD

NCDEX GUAR GUM

NCDEX GUAR SEED

NCDEX JEERA

MCX LEAD

MCX MENTHA OIL

MCX NATURAL GAS

MCX NICKLE

NCDEX RM SEED

MCX SILVER

NCDEX SUGAR

NCDEX SOYA BEAN

MCX ZINC

139.8 138 137 141 143 141 134 DOWN

2829.1 2801 2773 2857 2886 2174 3109 UP

5732 5675 5618 5789 5847 5470 5543 UP

3978 3938 3899 4018 4058 4324 4145 DOWN

453.35 449 444 458 462 435 436 UP

19430 19236 19043 19624 19821 21198 20486 UP

4054 4013 3973 4095 4135 3940 3668 DOWN

38553 38167 37786 38939 39328 33231 37984 UP

8047 7967 7887 8127 8209 8655 8513 UP

4132 4091 4050 4173 4215 4311 4362 DOWN

17035 16865 16696 17205 17377 17131 17360 DOWN

155.4 154 152 157 159 144 150 DOWN

1276.2 1263 1251 1289 1302 1471 1415 UP

179.1 177 176 181 183 193 160 DOWN

1262 1249 1237 1275 1287 903 1174 UP

3871 3832 3794 3910 3949 3904 3863 UP

47885 47406 46932 48364 48847 39121 46813 UP

3050 3020 2989 3081 3111 3616 3251 UP

3710 3673 3636 3747 3785 3628 3887 UP

184.85 183 181 187 189 197 189 DOWN


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Tel: +91 (22) 4543 1600

Email: [email protected]

DISCLAIMER: This is solely for information of clients of Quantum Global Securities Ltd. and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Quantum Global Securities Ltd., its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but Quantum Global Securities Ltd. or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this recommendation or any action taken on basis of this information.

Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Quantum Global Securities Ltd. Ltd. in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Quantum Global Securities Ltd. has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Quantum Global Securities Ltd. makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment.

POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report)Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock / Instrument (s): - No.


Quantum Global Securities Ltd.

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