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Welcome NoteFriday

06th 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 Friday's trading action at Dalal

Street, dated 6th September 2019.

Outlook for Friday: Positive start.

Trade hopes— All the way.

Yes, the biggest theme for the day is that the U.S. and the Chinese envoys

will meet in early October for more talks. Amidst this backdrop, worldwide

stock markets are seen jumping with joy as the talks areaimed at ending a

tariff war that threatens global economic growth.

The big question: Will Dalal Street buck the global trend or join

the conga-line of rising worldwide stock markets??

Honestly speaking, any de-escalation in the yearlong trade conflict

between the economic superpowers is very good news.Please note, the

last round of talks in July in Shanghai ended with no indication of progress.

Nifty should zoom at open and join the global theme of rising worldwide

stock markets in today’s trade.

The next big question: 12000 on Nifty by this Diwali??

Well, the stage is now set for a resumption of talks in October. Well, that

indicates that there is high probability that Diwali will be bright this year.

Only FIIs selling is dampening sentiments. In yesterday’s trade too, FII’s

sold shares worth Rs. 561.17crores in the Indian Equity Market.

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

traders as headlines are still a risk to the bulls’ camp, but that said, short

covering and value buying could be the order of the day.

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 to Dalal Street. Hopefully, U.S-China trade developments

takes Nifty above its magical 12,000 mark again.

Long story short: If Nifty ends on a stronger note today 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 overnight strong

positive Wall Street cues where the Dow Jones Industrial Average finally

broke out of its range to the upside.

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

10848 0.03%

26920 -0.75%

6922 2.06%

28710 -0.05%

2991 1.20%

16031 -0.01%

1883 1.59%

4207 0.24%

2314 2.61%

8072 1.31%

256 -1.80%

5397 0.80%

36644 -0.23%

10901 0.35%

Positive session likely.

Positive (10791-11001)

Neutral (10201-11501)

Neutral (9100)

10721 & 10637

10913 & 11001

11707



Technical Strategymark 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.

STOCKS TO WATCH:

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

like VOLTAS, UJJIVANand UPL with interweek perspective.

• BULLISH STOCKS: BEL, UJJIVAN, CHOLAMANDALAM FINANCE,

HCL TECH, ICICI PRUDENTIAL, INDIGO, MANAPPURAM, PFC, REC,

TCS, UPL, VOLTAS

• BEARISH STOCKS: MUTHOOT FINANCE, EICHER MOTORS,

GODREJ CONSUMER, IDEA, M&M, MOTHERSON SUMI, PAGE

INDUSTRIES, PNB, RELIANCE INFRA, SUN TV.

• SHOW ME THE MONEY: REC is seen rebounding from its key

support at 136 levels (61.8% Fib level 5 Aug low to March 19 Aug

highs). Bullish reverse divergences likely to act as positive trigger.

Interweek Strategy: Buy between 139-142 zone. Targets 150/155.

Stop 139.

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

FII/DII & OPTIONS DATA:

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

Price, followed by 10900 Strike Price for 12th September Series.

Short buildup was seen at strike price 10600-11600.

• Maximum Put Open Interest (OI) was seen at strike price 10800

followed by 10900 strike price for 12th September series. Short

buildup was seen at strike prices 10200-10800.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 27500

Strike Price and Maximum Put Open Interest stands at 27000 Strike

Price.

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

shares worth Rs. 561.17 crores in the Indian Equity Market. DIIs on

the other hand, bought shares worth Rs. 699.31 crores in the Indian

Equity market.

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

selfconstruction, 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



GLOBAL CUES:

• The Dow Jones industrials in Thursday’s trade was seen rebounding after officials from Washington and Beijing

said they would resume trade talks in October.

• 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 Thursday'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.



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

That said, aggressive buying unlikely.

• Preferred trade on Nifty (10848): Buy at CMP. Targets at 10913/11001. Stop 10701.

• Preferred trade on Bank Nifty (26919): Buy at CMP. Targets at 27201/27601. Stop 26411.

Daily chart of Nifty:

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 !


The interweek risk is on the upside with immediate targets at 651. Momentum oscillators signaling major strength. Interweek Strategy: Buy at CMP, targeting 621 and then at 645-651 zone stop below 595.

REC is seen rebounding from its key support at 136 levels (61.8% Fib level 5 Aug low to March 19 Aug highs). Bullish reverse divergences likely to act as positive trigger. Interweek Strategy: Buy at CMP. Targets 150/155. Stop 133.

Oversold conditions prevail. Positive bias as long as 527 support is held. Interweek Strategy: Buy at CMP, targeting 579 and then at 605-627 zone with stop below 543.

UJJIVAN enjoyed a strong session in Thursday's trade, up 4.68%. Key intraday support seen at 289. Interweek Strategy: Buy between 299-302 zone, targeting 325 and then at 341-345 zone. Stop below 289.

Voltas is aiming to move above its 6-month higher consolidation zone. Interweek Strategy: Buy at CMP, targeting 645 and then more aggressive targets located at 665-667.50 zone. Stop below 617.

Ujjivan's Run Will Be 'Explosive'. Immediate Targets Seen At 325.

AUROBINDO PHARMA

REC

UPL

UJJIVAN

VOLTAS

613 603 587 621 651 Positive

142.6 141 133 150 155 Positive

570 547 527 579 627 Positive

303 289 275 325 345 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 HINDALCO SEPTEMBER FUTURES at CMP

185.15. Targets at 188.35 and then at 193. Stop: 181.60. Holding

Period: Intraday. Analyst’s Remark: Rebound Play. (Hindalco

September Futures CMP 185.15).

Option Call: BUY REC SEPTEMBER CE Strike Price 147.50 at CMP

3.20. Profit: Unlimited. Maximum Loss: Rs.23,100/-. Stop: Exit Call

option if REC moves below 141. (REC September Futures CMP

143.15).

10847.90 (+0.03%)

26919.70 (-0.75%)

17.2725 (+0.22%)

+34 vs +41

1.82 crores (+5.66%)

17.98 lakhs (+14.90%)

1735.11 2047.32

28996.94 30723.86

2649217.73 1502054.73

389690 25971.62

759147 40187.7

41977431 2549319.36

585190 33739.05

43711458 2649217.73

Calls in lakhs (% Change)

10600 0.10125 (-51%)

10700 1.03 (-38%)

10800 8.84 (-45%)

Puts in lakhs (% Change)

10800 27.79 (+41%)

11100 0.76 (-26%)

11200 0.4 (-35%)

Friday06th September, 2019

Market Summary:

• Nifty September Futures ended Thursday's session at a

premium of +34 vs premium of +41.

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

at 0.86 for Nifty whereas it was 0.61 for Bank Nifty.

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

0.84 for the Nifty and 0.69 for Bank Nifty.

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

Strike Price, followed by 10900 Strike Price for 12th

September Series. Short buildup was seen at strike price

10600-11600.

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

10800 followed by 10900 strike price for 12th September

series. Short buildup was seen at strike prices 10200-10800.

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

27500 Strike Price and Maximum Put Open Interest stands

at 27000 Strike Price.

• As per Thursday’s Provisional Data available on the NSE,

FII’s sold shares worth Rs. 561.17 crores in the Indian

Equity Market. DIIs on the other hand, bought shares worth

Rs. 699.31 crores in the Indian Equity market.

• Long Buildup: COALINDIA, BPCL, CONCOR, LUPIN.

• Short Buildup: LICHOUSING, MCX, HDFC, M&MFIN.

• Short Covering: GLENMARK, TATAELXSI, MARUTI,

CENTURYTEX, UJJIVAN.

• Long Unwinding: DLF, REC, DIVISLABS.


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 10840.7 10732 10625 10886.82 10977.8 11213.82 11247.38 DOWN

BANKNIFTY 26898 26629 26363 27387.92 27517.22 28599.14 28494.58 DOWN

NIFTYIT 16040.65 15880 15721 16100.77 16076.14 15475.22 15365.94 UP

0

ACC 1460.65 1446 1432 1452.02 1510.87 1531.22 1577.29 DOWN

ADANIENT 135.35 134 133 136.77 139.15 142.15 140.95 DOWN

ADANIPORTS 367 363 360 367.85 369.94 376.84 374.61 DOWN

ADANIPOWER 57.1 57 56 57.7 58.68 50.91 56.41 UP

AMARAJABAT 621.8 616 609 628.6 621.45 686.96 654.41 DOWN

AMBUJACEM 193 191 189 193.12 199.95 216.2 207.99 DOWN

APOLLOHOSP 1499 1484 1469 1506.25 1527.04 1272.3 1403.48 UP

APOLLOTYRE 173.05 171 170 178.93 173.8 203.09 157.46 UP

ARVIND 49.7 49 49 47.77 51.18 80.01 55.13 DOWN

ASHOKLEY 62.8 62 62 64.62 65 87.59 68.04 DOWN

ASIANPAINT 1516.55 1501 1486 1569.23 1584.28 1417.67 1621.37 DOWN

AUROPHARMA 614 608 602 607.82 613.3 703.14 559.7 UP

AXISBANK 648.6 642 636 654 669.83 711.62 704.77 DOWN

BAJAJ-AUTO 2759 2731 2704 2774.43 2788.51 2814.96 2606.9 UP

BAJAJFINSV 6993 6923 6854 7083.4 7120.46 7019.45 7662.11 DOWN

BAJFINANCE 3298.9 3266 3233 3280.4 3338.55 2975.37 3474.41 DOWN

BALKRISIND 724.6 717 710 738.97 737.79 843.73 690.48 UP

BANKBARODA 94 93 92 94.33 96.22 115.04 105.26 DOWN

BANKINDIA 63.65 63 62 64.87 66.55 88.25 72.33 DOWN

BATAINDIA 1521.05 1506 1491 1550.62 1539.93 1293.38 1449.71 UP

BEL 107.2 106 105 108.83 107.73 93.93 94.84 UP

BERGEPAINT 362 358 355 363.83 368.51 321.02 351.35 UP

BHARATFORG 393.3 389 385 385.6 399.76 478.47 415.67 DOWN

BHARTIARTL 346.55 343 340 350.33 349.57 318.47 322.45 UP

BHEL 51.15 51 50 50.72 52.37 66.16 54.91 DOWN

BIOCON 228.5 226 224 234.52 230.36 285.31 245.12 DOWN

BOSCHLTD 13530.2 13395 13261 13795.7 14083.35 17480.06 15077.62 DOWN

BPCL 380 376 372 370.3 382.92 358.26 322.06 UP

BRITANNIA 2680 2653 2627 2713.33 2738.96 2923.81 2433.18 UP

BSE SENSEX 36644.42 36278 35915 36864.18 37191.68 37453.85 38113.2 DOWN

BSOFT 66.2 66 65 66 67.88 99.75 72.84 DOWN

CADILAHC 236 234 231 233.2 233.99 296.29 240.33 DOWN

CANBK 192.1 190 188 197.5 211.58 257.62 225.29 DOWN

CASTROLIND 120.35 119 118 121.23 124.17 146.34 111.68 UP

CENTURYTEX 845.4 837 829 854.65 852.09 895.45 913.84 DOWN

CESC 763 755 748 765.4 779.13 718.4 714.48 UP

CHOLAFIN 269 266 264 272.58 272.52 264.42 238.34 UP

CIPLA 477.1 472 468 475.25 477.12 530.99 499.93 DOWN

COALINDIA 195.1 193 191 184 197.72 234.39 204.47 DOWN

COLPAL 1239 1227 1214 1256.37 1255.71 1220.71 1189.76 UP

CONCOR 514.8 510 505 508.23 518.9 518.91 453.03 UP

CUMMINSIND 566 560 555 568.65 576.18 743.45 616.03 DOWN

DABUR 439 435 430 448.02 446.02 416.4 418.59 UP

DHFL 47.7 47 47 48.25 49.07 133.72 54.91 DOWN

DISHTV 22.25 22 22 21.27 24.48 32.72 26.52 DOWN

DIVISLAB 1638 1622 1605 1692.28 1643.47 1596.2 1684.29 DOWN

DLF 159.65 158 156 167.65 167.07 177.56 175.71 DOWN

DRREDDY 2684.95 2658 2632 2631.87 2651.59 2652.52 2496.2 UP

EICHERMOT 15745.15 15588 15432 15873.5 16308.72 20249.02 17343.05 DOWN

ENGINERSIN 108 107 106 107.43 108.37 113.58 109.3 DOWN

EQUITAS 115.5 114 113 110.57 115.42 121.9 116.05 DOWN

ESCORTS 471.75 467 462 485.27 494.46 636.54 441.99 UP

EXIDEIND 177.5 176 174 176.18 180.55 218.94 190.59 DOWN

FEDERALBNK 81.1 80 79 82.93 83.03 92.82 89.11 DOWN

GAIL 131 130 128 129.62 133.53 161.68 133.35 DOWN

GLENMARK 389.3 385 382 392.5 390.4 569.92 412.97 DOWN

GMRINFRA 14.95 15 15 14.85 15.23 15.98 14.15 UP

GODREJCP 596.1 590 584 600.23 610.7 690.91 649.78 DOWN

GRASIM 696.95 690 683 701.13 712.94 826.23 776.06 DOWN

HAVELLS 652.1 646 639 653.8 669.95 717.83 708.51 DOWN

HCLTECH 1114.55 1103 1092 1134.8 1126.2 1042.39 1038.8 UP

HDFC 2041 2021 2000 2117.9 2146.28 2033.31 2194.31 DOWN

HDFCBANK 2232 2210 2188 2281.5 2269.52 2232.97 2290.59 DOWN

HEROMOTOCO 2609 2583 2557 2593.48 2614.73 2725.89 2435.15 UP

HEXAWARE 391.9 388 384 387.57 396.28 348.43 361.04 UP

HINDALCO 184.6 183 181 183.7 186.27 202.68 194.44 DOWN

HINDPETRO 264.5 262 259 260.72 276.8 260.9 231.43 UP

HINDUNILVR 1830 1812 1794 1864.67 1857.08 1763.24 1761.6 UP

HINDZINC 215.75 214 211 216.9 218.63 253.32 217.38 DOWN

IBULHSGFIN 448 444 439 468.58 461.33 697.67 554.38 DOWN

ICICIBANK 388.65 385 381 401.47 403.74 388.98 428.57 DOWN

ICICIPRULI 426.05 422 418 434.47 429.68 351.81 391.34 UP

IDBI 27.9 28 27 28.27 28.99 43.76 22.67 UP

IDEA 5.1 5 5 5.17 5.28 15.87 6.64 DOWN

IDFCFIRSTB 42.8 42 42 43.12 43.2 44.81 40.6 UP

IGL 329.7 326 323 333.22 334.3 298.5 306.58 UP

INDIGO 1628.75 1612 1596 1663.42 1671.65 1363.17 1534.78 UP

INDUSINDBK 1307 1294 1281 1342.18 1362.8 1532.78 1463.06 DOWN

INFRATEL 248 246 243 251.58 253.65 277.42 267.26 DOWN

INFY 835.1 827 818 825.75 826.69 730.17 786.12 UP

IOC 124.45 123 122 121.93 129.3 144.17 130.25 DOWN

ITC 244.3 242 239 244.77 247.08 280.41 257.48 DOWN

JINDALSTEL 96.5 96 95 97.88 99.09 150.24 111.46 DOWN

JSWSTEEL 216.4 214 212 218.07 218.16 276.98 235.03 DOWN

JUBLFOOD 1198 1186 1174 1210.37 1207.08 1273.14 1240.53 DOWN

JUSTDIAL 714.5 707 700 722.92 718.67 602.28 759.35 DOWN

KAJARIACER 486 481 476 464.8 496.02 538.4 501.9 DOWN

KOTAKBANK 1409 1395 1381 1443.42 1464.68 1359.41 1522.51 DOWN

L&TFH 91.6 91 90 92.87 94.72 128.49 104.39 DOWN

LICHSGFIN 394.05 390 386 413.97 418.94 494.97 463.4 DOWN

LT 1319.1 1306 1293 1317.43 1346.92 1391.93 1384.37 DOWN

LUPIN 766.1 758 751 748.4 770.47 794.31 720.67 UP

M&M 517 512 507 515.92 534.1 659.15 567.94 DOWN

M&MFIN 320 317 314 336.83 328.54 400.6 339.9 DOWN

MANAPPURAM 119.4 118 117 121.73 121.2 113.49 126 DOWN

MARICO 384.7 381 377 391.07 389.63 364.32 374.83 UP

MARUTI 5977.4 5918 5858 6004.63 6159.32 6814.38 5611.99 UP

MCDOWELL-N 605.85 600 594 621.62 622.17 576.07 565.62 UP

MCX 868 859 851 900.77 945.6 778.74 858.98 UP

MFSL 412.2 408 404 427.33 428.41 423.62 451.4 DOWN

MGL 855 846 838 843.52 859.11 882.89 779.66 UP

MINDTREE 694.2 687 680 687.83 698.44 874.85 742.69 DOWN

MOTHERSUMI 97.6 97 96 96.43 98.47 136.8 109.64 DOWN

MRF 57613.15 57037 56467 58088.38 58414.57 58932.2 55448.45 UP

MUTHOOTFIN 590.1 584 578 604.12 608.5 567.94 650.49 DOWN

NATIONALUM 42 42 41 41 42.2 53.51 43.02 DOWN

NBCC 34.7 34 34 34.33 36.98 54.89 29.07 UP

NCC 55.8 55 55 55.93 59.12 89.17 65.97 DOWN

NESTLEIND 12613.4 12487 12362 12691.68 12795.27 11152.75 11710.8 UP

NIITTECH 1459 1444 1430 1482.92 1509.49 1271.17 1334.91 UP

NMDC 80.9 80 79 80.53 82.97 100.1 95.62 DOWN

NTPC 123.2 122 121 120.68 128.78 125.96 126.94 DOWN

OFSS 3040.05 3010 2980 3093.5 3047.94 3433.13 3260.92 DOWN

OIL 149.75 148 147 149.43 152.66 174 156.78 DOWN

ONGC 125.3 124 123 120.42 130.13 150.84 131.42 DOWN

PAGEIND 17948 17769 17591 18021.73 18483.48 22194.94 19330.36 DOWN

PEL 1941.45 1922 1903 1983.35 1968.48 2197.31 1749.42 UP

PETRONET 264.6 262 259 268.05 266.04 232.67 245.03 UP

PFC 103.9 103 102 106.12 107.01 111.45 114.05 DOWN

PIDILITIND 1364 1350 1337 1371.55 1376.74 1199.93 1300.69 UP

PNB 61.1 60 60 60.6 63.89 77.66 69.11 DOWN

POWERGRID 199.25 197 195 198.83 205.56 193.97 213.98 DOWN

PVR 1493 1478 1463 1503.5 1548.26 1607.43 1589.9 DOWN

RAMCOCEM 700.2 693 686 714.3 733.14 705.23 774.12 DOWN

RAYMOND 570 564 559 586.6 581.85 757.33 636.26 DOWN

RBLBANK 324.55 321 318 331.4 325.44 577.89 404.02 DOWN

RECLTD 142.35 141 140 147.53 145.03 136.34 151.32 DOWN

RELCAPITAL 35.05 35 34 34.95 36.06 142.79 46.44 DOWN

RELIANCE 1194.15 1182 1170 1208.92 1237.12 1247.13 1186.69 UP

RELINFRA 37.5 37 37 37.07 39.47 152.36 49.84 DOWN

SAIL 32.45 32 32 33.13 32.61 49.64 36.44 DOWN

SBIN 273.5 271 268 278.22 280.63 307.86 295.77 DOWN

SHREECEM 17600 17424 17250 17944.27 18677.13 18457.91 19411.43 DOWN

SIEMENS 1168.55 1157 1145 1180.53 1186.4 1105.63 1213.44 DOWN

SRF 2731.1 2704 2677 2761.33 2767.8 2474.4 2560.62 UP

SRTRANSFIN 975.3 966 956 999.27 992.05 1111.77 1057.45 DOWN

STAR 383.45 380 376 384.95 386.48 436.73 360.88 UP

SUNPHARMA 432.7 428 424 436.83 439.02 433.87 397.85 UP

SUNTV 434 430 425 434.27 443.9 546.32 469.59 DOWN

TATACHEM 578.05 572 567 583.57 581.71 620.33 600.54 DOWN

TATAELXSI 619.95 614 608 628.17 638.78 880.29 679.22 DOWN

TATAGLOBAL 264 261 259 272.48 276.05 225.54 253.56 UP

TATAMOTORS 118.4 117 116 113 121.91 170.06 128.82 DOWN

TATAMTRDVR 53.6 53 53 51.53 54.7 85.39 60.13 DOWN

TATAPOWER 55.25 55 54 54.8 56.36 68.97 61.13 DOWN

TATASTEEL 344.55 341 338 344.37 347.25 484.77 382.16 DOWN

TCS 2215.95 2194 2172 2265.93 2268.19 2069.46 2132.45 UP

TECHM 695 688 681 711.27 707.28 736.73 655.96 UP

TITAN 1046.15 1036 1025 1062.3 1086.04 1077.73 1028.11 UP

TORNTPHARM 1721 1704 1687 1714.57 1728.12 1714.68 1592.88 UP

TORNTPOWER 272 269 267 273.07 280.13 262.96 294.21 DOWN

TVSMOTOR 368.5 365 361 372.85 375.41 476.31 392.8 DOWN

UBL 1322.9 1310 1297 1346.87 1351.92 1365.14 1407.1 DOWN

UJJIVAN 306 303 300 295.08 309.7 292.87 249.15 UP

ULTRACEMCO 3890.5 3852 3813 3914.1 4032.89 4136.88 4267.7 DOWN

UNIONBANK 54.7 54 54 54.83 58.01 78.46 63.69 DOWN

UPL 570 564 559 566.85 573.84 581.36 601.59 DOWN

VEDL 139.3 138 137 138.7 139.84 173.31 150.79 DOWN

VOLTAS 630 624 617 627.82 637.08 581.77 579.54 UP

WIPRO 255.6 253 251 258.17 255.89 267.37 264.04 DOWN

YESBANK 61.8 57 56 60.75 62.26 167 76.91 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 38101 zone. Interweek strategy: Buy on dips between 38101-38251 zone, targeting 40001 and then at 40501-40611 zone with stop at 37751.

Key supports now seen at 48911. Interweek strategy: Buy on sharp declines to 47001-47251 zone, targeting 50001 and then aggressive targets at 51001-51151 zone with stop at 46751.

Interweek strategy: Buy at CMP, targeting 4251 mark and then aggressive targets at 4301-4351 zone with stop at 3911.

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.

38956 38101 37751 40001 40611 Neutral

49541 48911 46779 50001 51151 Neutral

4136 4065 3911 4251 4355 Positive

455 443 431 465 489 Positive

157.00 146.00 139.00 171.00 205.00 Positive

71.83 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

Wall Street climb on reports that U.S.-China trade talks are set to resume.

1529 1521 1477 1571 1601 Neutral

18.92 18.09 17.77 20.05 21.50 Neutral

57.48 55 52.45 58.05 61.5 Positive

1.1048 1.0921 1.0801 1.1297 1.1547 Neutral

98.34 95.00 92.75 100.00 102.50 Positive

26803 24751 24221 27201 28001 Positive

Major interweek hurdles now seen at 1567-1571 zone. Support now seen 1521 zone on closing basis. Interweek Strategy: Buy between 1501-1507 zone, targeting 1547 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 18.09 zone and then at 17.77-17.85 zone with stop above 20.51.

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.

Overnight at Wall Street, the Dow Jones Industrial Average rose on reports that the U.S. and China agreed to restart trade talks in early October, allaying for now fears of a further escalation of trade tensions.

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

140 137 134 143 146 141 134 DOWN

2642 2589 2537 2695 2749 2154 3173 UP

5738 5623 5511 5853 5970 5472 5543 UP

3983 3903 3825 4063 4144 4333 4191 DOWN

456 447 438 465 474 435 454 UP

19440 19051 18670 19829 20225 21232 20580 UP

4130 4047 3966 4213 4297 3935 4088 DOWN

38817 38041 37280 39593 40385 33103 37771 UP

8239 8074 7913 8404 8572 8684 8730 UP

4199 4115 4033 4283 4369 4318 4154 DOWN

16920 16582 16250 17258 17604 17185 17360 DOWN

154 151 148 157 160 144 150 DOWN

1282 1256 1231 1308 1334 1479 1427 UP

157 154 151 160 163 195 154 DOWN

1233 1208 1184 1258 1283 896 1174 UP

3900 3822 3746 3978 4058 3907 3863 UP

49327 48340 47374 50314 51320 38928 45403 UP

3050 2989 2929 3111 3173 3616 3251 UP

3802 3726 3651 3878 3956 3623 3887 UP

188 184 181 192 196 197 189 DOWN


CORPORATE OFFICE

Quantum Global Securities Ltd.

2nd Floor, Thakur House, Ashok Nagar,

Kandivali East, Mumbai 400 101

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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