nitial Weekly Newsletter | 22 Dec - 28 Dec, 2019 P O...(MPC)werereleasedonThursday(19December).RBI'sMPCatitslastmeetingon 5 December 2019 decided to keep the policy repo rate under

Weekly Newsletter | 22 Dec - 28 Dec, 2019nd th

nitialublicffering

IPO

Market Outlook

The Week That Was

Sensex, Nifty register sharp gains

Indices continued its bullish trend on a moderately positive global cues and

optimism over Sino-US trade war. A fall in bond yield on Friday, 20 December 2019

raised the value of government bonds, which enabled PSU banks to rally. Both,

Sensex and Nifty hit an all-time record high four times in five trading sessions.

In the week ended on Friday, 20 December 2019, the Sensex jumped 671.83

points or 1.64% to settle at 41,681.54. The Nifty 50 index advanced 185.10 points

or 1.53% to settle at 12,271.80. The BSE Mid-Cap index gained 5.57 or 0.04% to

settle at 14,835.97. The BSE Small-Cap index rose 58.37 points or 0.44% to settle

at 13,391.03.

On the economic front, the annual rate of inflation, based on monthly Wholesale

Price Index (WPI), stood at 0.58% (provisional) in November 2019 (over

November 2018) compared with 0.16% (provisional) for the previous month and

4.47% during the corresponding month of the previous year.

The rate of inflation based on WPI Food Index consisting of food articles from

primary articles group and food product from manufactured products group

increased from 7.65% in October 2019 to 9.02% in November 2019.

India's merchandise exports declined 0.3% to $25.98 billion in November 2019

over a year ago. Meanwhile, merchandise imports also dipped 12.7% to $38.11

billion. The trade deficit narrowed 31.0% to $12.12 billion in November 2019 from

$16.67 billion in November 2018.

As per the data released by the Reserve Bank of India, India's services exports

increased 5.3% to $17.70 billion in October 2019 over October 2018. Meanwhile,

India's services imports jumped 7.6% to $10.86 billion in October 2019. India's

services trade surplus rose 1.8% to $6.83 billion in October 2019 from $6.72 billion

in October 2018.

The International Monetary Fund (IMF) will significantly lower India's growth

forecast from the earlier number of 6.1% for FY20 on 20 January 2020, given the

fall in consumption, lack of private investments and sluggish exports.

India's gross domestic product (GDP) grew 4.5% in Q2 September 2019, the

lowest since Q4 March 2013.

The 38th meeting of the Goods and Services Tax (GST) Council under the

Chairmanship of the Union Minister for Finance & Corporate Affairs Nirmala

Sitharaman took place on Wednesday, 18 December 2019.

The council decided to tax woven and non-woven bags at 18%, compared with

12% at present. It exempted from tax the upfront amount payable for long-term

lease of industrial and financial infrastructure plots by any entity that is owned

20% or more by the Centre or state governments. Presently, the exemption is

available to an entity having 50% or more ownership of Central or State

Government. This change shall become effective from 1 January 2020.

Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default

Rating (IDR) at 'BBB-' with a stable outlook. Fitch expects growth to slow to 4.6%

in the financial year ending March 2020 (FY20), from 6.8% in FY19, which is still

higher than the 'BBB' median of 2.8%.

The ratings agency expects growth to gradually recover to 5.6% in FY21 and 6.5%

in FY22 with support from easing monetary and fiscal policy and structural

Tech

nic

al

Vie

w

Sensex Outlook (41681)

Nifty Outlook (12272)

Bank Nifty Outlook (32385 )

USDINR Outlook (71.17)

EURINR Outlook (79.02 )

Dollar Index Outlook (97.27 )

During the last week Sensex has made a low of 40918 and given a bounce up to 41809 and closed above 20 DEMA of 40912. Its immediate support is likely to be seen around 41250. If trades or closed below

41250 next support around 40900 for next week. Its resistance is likely to be seen around 41950 and 42250 for next week.

Indian equities witnessed a week of strength as benchmark Nifty posted a weekly gain of 1.53% at the end of the week. During the last week Nifty has made a low of 12046 and given a bounce up to 12294 and

closed near to weekly high of 12294. Its immediate support is likely to be seen around 12120 to 12050. If trades or closed below 12050 next support around 11950 for next week. Its resistance is likely to be seen around 12350 and

12430 for next week.

During the last week Bank Nifty has made a low of 31897 and given a bounce up to 32443 and closed above 20 DEMA of 31718. Its immediate support is likely to be seen around 32050 to 31900. Its

resistance is likely to be seen around 32550 and 32800 for next week.

During the last week USDINR has made a low of 70.80 and given a bounce up to 71.29. Its 20 DEMA resistance is at 71.27. Its immediate support is likely to be seen around 70.90 and 70.70 for next week. Its

resistance is likely to be seen around 71.30 and 71.70 for next week.

During the last week EURINR has made a lower top formation and closed below 20 DEMA of 79.15. Its immediate support is likely to be seen around 78.70 and 77.90 for next week. Its resistance is likely to

be seen around 79.50 and 79.90 for next week..

During the last week DX has made a low of 96.29 and given a sharp bounce from this level up to 97.35. It is facing a 200 DEMA resistance of 97.30. Its immediate support is likely to be seen around 96.70

and 96.10 for next week. Its resistance is likely to be seen around 97.50 and 97.90 for next week.

Equities Commodities Demat IPOs ResearchMutual

Funds

Currencies Training Algorithmic

TradingMobile

Trading

Wealth

Management

measures that may also support growth over the medium term.

Meanwhile, the Reserve Bank of India (RBI) on Thursday (19 December) said it

will simultaneously buy and sale government securities worth Rs 10,000 crore

each on 23 December under its open market operations (OMO), a move aimed at

managing the yields. RBI said it will buy Rs 10,000 crore of 6.45% government

bonds maturing in 2029 and simultaneously sell Rs 10,000 crore of short-term

bonds maturing in 2020.

Further, the minutes of the last meeting of RBI's Monetary Policy Committee

(MPC) were released on Thursday (19 December). RBI's MPC at its last meeting on

5 December 2019 decided to keep the policy repo rate under the liquidity

adjustment facility (LAF) unchanged at 5.15%. Consequently, the reverse repo

rate under the LAF remained unchanged at 4.90%, and the marginal standing

facility (MSF) rate and the bank rate at 5.40%.

According to the minutes, the RBI remains concerned about the slower pace of

rate cut transmission in the economy while the sudden spurt in food inflation,

though seasonal, seems to have put policy makers at the central bank on alert.

The Finance Minister on 13 December 2019 confirmed that the Budget

announcement (of 5 July 2019) increasing the statutory FPI (foreign portfolio

investment) limit in a company from 24% to the sectoral foreign investment limit,

would be implemented effective 1 April 2020. This would lead to MSCI India's

weightage in the MSCI EM to rise, Morgan Stanley said in a note.

Market may turn volatile due to F&O expiry

Global cues, macroeconomic data, 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 week ahead.

Trading could be volatile next week as traders roll over positions in the F&O

segment from the near month December 2019 series to January 2020 series. The

December 2019 F&O contracts expire on Thursday, 26 December 2019.

Legislative Assembly elections results for Jharkhand will be declared on 23

December 2019.

Domestic stock markets will remain closed on Wednesday, 25 December 2019 on

account of Christmas.

Overseas, Japan will announce All Industry Activity Index (MoM) on Monday, 23

December 2019.

Bank of Japan will release its Monetary Policy Meeting Minutes on Tuesday, 24

December 2019.

Japan will announce unemployment rate for November on Friday, 27 December

2019. Japan will announce Tokyo CPI, (yoy for December), retail sales and

Industrial Production MoM for November on same day.

The US will announce Durable Goods Orders (MoM) for November 2019 on

Thursday, 24 December 2019.

The U.S. initial jobless claims and unemployment rate for November will be

announced on Thursday, 26 December 2019.

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

12293.90

10534.55

12271.80

41809.96

35010.82

41681.54Close

USDINR 71.17 0.35 %

EURINR 79.02 -0.40 %

Currency Update

CMP Net ChangeCurrency

Week 4891.70 5785.02

Month (Dec) 1163.60 11396.07

Institutional Activity (Cr.)

FII DII

Year (2019) 37556.51 69817.18

- - -

- - -

Date Price Band

Primary Market Update

Company

11900

11950

12000

12050

12100

12150

12200

12250

12300

CLOSE

11.00

11.50

12.00

12.50

13.00

13.50

14.00

CLOSE

Nifty

VIX

FII/DII (Cr)

-1000

-500

0

500

1000

1500

2000

2500

3000

3500

4000

4500 FII

CLOSE40400

40600

40800

41000

41200

41400

41600

41800

CLOSE

CASH MARKET DATA

Sensex

Turnover (Rs. Cr.)

Advance/Decline

FII DII

0

200

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1200

0

5000

10000

15000

20000

25000

30000

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CLOSE

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 %

20-Dec-19 19-Dec-19 13-Dec-19 21-Nov-19 13-Dec-18

Broad Market Indices :

NIFTY 50 12271.80 12259.70 0.10% 12086.70 1.53% 11968.40 2.54% 10791.55 13.72%

NIFTY NEXT 50 28406.25 28245.30 0.57% 28076.70 1.17% 28132.60 0.97% 27720.50 2.47%

NIFTY 100 12363.40 12343.85 0.16% 12182.70 1.48% 12082.70 2.32% 11023.05 12.16%

NIFTY 200 6290.95 6282.00 0.14% 6209.55 1.31% 6161.25 2.11% 5702.70 10.32%

NIFTY 500 9905.35 9892.30 0.13% 9783.60 1.24% 9712.35 1.99% 9077.30 9.12%

NIFTY MIDCAP 50 4641.30 4636.00 0.11% 4641.70 -0.01% 4616.85 0.53% 4772.65 -2.75%

NIFTY MIDCAP 50 12.33 12.12 1.67% 13.30 -7.33% 14.98 -17.70% 15.55 -20.74%

Sectoral Indices :

NIFTY BANK 32384.95 32241.45 0.45% 32014.25 1.16% 31349.95 3.30% 26816.35 20.77%

NIFTY AUTO 8133.55 8165.50 -0.39% 8069.70 0.79% 8004.65 1.61% 9254.20 -12.11%

NIFTY FIN SERVICE 14625.80 14571.45 0.37% 14410.45 1.49% 14019.20 4.33% 11368.10 28.66%

NIFTY FMCG 30356.35 30386.10 -0.10% 30426.25 -0.23% 30893.55 -1.74% 30291.25 0.21%

NIFTY IT 15844.55 15812.95 0.20% 15200.55 4.24% 15293.95 3.60% 14840.95 6.76%

NIFTY MEDIA 1787.80 1766.45 1.21% 1765.70 1.25% 1939.15 -7.80% 2562.60 -30.23%

NIFTY METAL 2707.50 2691.10 0.61% 2626.75 3.07% 2470.45 9.60% 3114.00 -13.05%

NIFTY PHARMA 8049.45 8073.05 -0.29% 8045.05 0.05% 8068.95 -0.24% 8810.80 -8.64%

NIFTY PSU BANK 2570.90 2513.70 2.28% 2570.70 0.01% 2564.65 0.24% 2971.00 -13.47%

NIFTY PVT BANK 17833.95 17824.15 0.05% 17668.15 0.94% 17255.80 3.35% 15125.90 17.90%

NIFTY REALTY 291.95 290.40 0.53% 287.65 1.49% 275.45 5.99% 236.50 23.45%

Strategy Indices :

NIFTY DIV OPPS 50 2532.60 2537.10 -0.18% 2515.20 0.69% 2539.30 -0.26% 2566.85 -1.33%

NIFTY GROWSECT 15 6424.60 6449.35 -0.38% 6384.90 0.62% 6322.35 1.62% 6509.80 -1.31%

NIFTY50 VALUE 20 5508.90 5511.50 -0.05% 5406.20 1.90% 5439.85 1.27% 5163.75 6.68%

NIFTY50 TR 2X LEV 7000.70 6987.80 0.18% 6797.65 2.99% 6688.50 4.67% 5691.40 23.00%

NIFTY50 PR 2X LEV 5385.00 5375.10 0.18% 5229.35 2.98% 5145.75 4.65% 4497.85 19.72%

NIFTY50 TR 1X INV 334.05 334.35 -0.09% 338.90 -1.43% 341.45 -2.17% 370.05 -9.73%

NIFTY50 PR 1X INV 380.85 381.15 -0.08% 386.35 -1.42% 389.25 -2.16% 416.20 -8.49%

NIFTY50 DIV POINT 118.39 118.39 0.00% 117.82 0.48% 117.35 - 106.94 10.71%

Thematic Indices :

NIFTY COMMODITIES 3407.35 3395.95 0.34% 3385.30 0.65% 3332.65 2.24% 3364.20 1.28%

NIFTY CONSUMPTION 4966.45 4950.30 0.33% 4911.75 1.11% 4984.60 -0.36% 4970.05 -0.07%

NIFTY CPSE 1888.00 1881.45 0.35% 1893.65 -0.30% 1922.35 -1.79% 1980.45 -4.67%

NIFTY ENERGY 16081.15 16112.90 -0.20% 16068.05 0.08% 16085.45 -0.03% 13924.20 15.49%

NIFTY INFRA 3285.00 3283.25 0.05% 3267.15 0.55% 3301.25 -0.49% 3070.25 6.99%

NIFTY100 LIQ 15 3798.85 3780.10 0.50% 3783.20 0.41% 3720.45 2.11% 3697.90 2.73%

NIFTY MID LIQ 15 3969.25 3970.25 -0.03% 3974.80 -0.14% 3944.25 0.63% 3950.75 0.47%

NIFTY MNC 13749.15 13747.45 0.01% 13744.25 0.04% 13741.95 0.05% 13895.10 -1.05%

NIFTY PSE 3166.30 3156.75 0.30% 3171.95 -0.18% 3246.00 -2.46% 3219.60 -1.66%

NIFTY SERV SECTOR 17543.60 17488.00 0.32% 17172.65 2.16% 16916.35 3.71% 14852.10 18.12%

WEEKLY CHANGE IN WORLD INDICES

Indices 20.12.2019 13.12.2019 Chg (Pts) % Chg

DOW JONES 28455.09 28135.38 319.71 1.14%

NASDAQ COMPOSITE 8924.96 8734.85 190.11 2.18%

FTSE 7582.48 7353.44 229.04 3.11%

NIKKEI 23816.63 24023.1 -206.47 -0.86%

BOVESPA 115121.08 112564.9 2556.18 2.27%

HANG SENG 27871.35 27687.76 183.59 0.66%

52 WEEKS HIGH/LOW ALL TIME HIGH/LOW

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

MASFIN 843.35 H 10-Dec-19 SRF 3344.9 H 19-Dec-19

ASIANPAINT 1809 H 31-Oct-19 ADANIGREEN 136.4 H 29-Nov-19

TIINDIA 498.8 H 2-Dec-19 CUB 230.25 H 6-Dec-19

BALRAMCHIN 177.65 H 13-Sep-19 ADANITRANS 349.65 H 11-Dec-19

FMGOETZE 650 H 17-Dec-19 GUJGASLTD 232.1 H 16-Dec-19

HDFC 2425 H 18-Dec-19 DIVISLAB 1834 H 16-Dec-19

HDFCBANK 1299.6 H 19-Dec-19 IGL 437.95 H 21-Nov-19

JBCHEPHARM 429 H 10-Dec-19 TCS 2246.7 H 9-Mar-19

KOTAKBANK 1724.4 H 19-Dec-19 NIITTECH 1602 H 17-Dec-19

INDOSTAR 170.25 L 10-Dec-19 PVR 1847.55 H 27-Sep-19

INCREASE IN OPEN INTEREST

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

GMRINFRA 26-Dec-19 21.8 0.3 1.40% 130725000 -10980000 26.12%

IDFCFIRSTB 26-Dec-19 43.45 -0.45 -1.03% 113256000 -38412000 25.08%

DISHTV 26-Dec-19 13.95 0.75 5.68% 103082000 -6664000 530.49%

ITC 26-Dec-19 242.2 -2.7 -1.10% 76300800 -11666400 70.30%

SBIN 26-Dec-19 338.2 9.05 2.75% 74685000 -7272000 88.01%

DECREASE IN OPEN INTEREST

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

MRF 26-Dec-19 63940 -356.3 -0.55% 12650 -3650 -22.39%

BOSCHLTD 26-Dec-19 15098.95 -52.35 -0.35% 106740 -4500 -4.05%

PAGEIND 26-Dec-19 22083.2 -12.3 -0.06% 106775 -16475 -13.37%

SHREECEM 26-Dec-19 20515 193.2 0.95% 114700 -4350 -3.65%

EICHERMOT 26-Dec-19 22208.65 -260.9 -1.16% 218850 -34300 -13.55%

INCREASE IN OI IN CALLS

Symbol Expiry Date Option Type Strike

Price

Last

Price Turnover Premium (Lacs Open Interest Value of Underlying

SBIN 26-Dec-19 CE 340 4.2 2640.34 89,97,000 337.25

HDFCBANK 26-Dec-19 CE 1300 9.5 472.67 13,50,500 1296.45

TATASTEEL 26-Dec-19 CE 460 8.8 715.72 11,12,989 461.75

ICICIBANK 26-Dec-19 CE 550 3.6 519.12 30,69,000 546.1

RELIANCE 26-Dec-19 CE 1620 8.7 540.24 11,52,500 1600

INCREASE IN OI IN PUTS

Symbol Expiry Date Option

Type Strike Price Last Price Turnover Premium (Lacs Open Interest Value of Underlying

SBIN 26-Dec-19 PE 320 0.7 201.37 51,18,000 337.25

RELIANCE 26-Dec-19 PE 1600 13.5 505.76 5,24,000 1600

TCS 26-Dec-19 PE 2200 12.95 266.66 3,69,250 2219

TATASTEEL 26-Dec-19 PE 450 3.4 293.28 10,10,072 461.75

HDFC 26-Dec-19 PE 2400 13.25 202.13 1,16,500 2403.5

LEVELS FOR NIFTY STOCKS

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

ADANIPORTS 384.60 381.30 376.80 372.30 373.50 369.00 365.70 361.20 DOWN

AMBUJACEM 200.50 198.75 196.60 194.45 194.85 192.70 190.95 188.80 DOWN

ASIANPAINT 1821.17 1815.08 1807.17 1799.25 1801.08 1793.17 1787.08 1779.17 DOWN

AUROPHARMA 486.82 480.63 475.52 470.40 469.33 464.22 458.03 452.92 UP

AXISBANK 755.17 751.08 745.47 739.85 741.38 735.77 731.68 726.07 DOWN

BAJAJ-AUTO 3272.03 3255.92 3229.83 3203.75 3213.72 3187.63 3171.52 3145.43 DOWN

BAJFINANCE 4224.07 4184.53 4160.07 4135.60 4120.53 4096.07 4056.53 4032.07 UP

BPCL 497.20 494.80 491.30 487.80 488.90 485.40 483.00 479.50 DOWN

BHARTIARTL 475.60 468.00 460.90 453.80 453.30 446.20 438.60 431.50 UP

INFRATEL 272.13 267.52 260.38 253.25 255.77 248.63 244.02 236.88 DOWN

BOSCHLTD 15490.82 15367.88 15195.87 15023.85 15072.93 14900.92 14777.98 14605.96 DOWN

CIPLA 482.72 478.58 472.17 465.75 468.03 461.62 457.48 451.07 DOWN

COALINDIA 210.17 206.43 203.62 200.80 199.88 197.07 193.33 190.52 UP

DRREDDY 2903.32 2892.28 2877.82 2863.35 2866.78 2852.32 2841.28 2826.82 DOWN

EICHERMOT 23024.77 22811.88 22516.52 22221.15 22303.63 22008.27 21795.38 21500.02 DOWN

GAIL 124.37 122.18 120.87 119.55 118.68 117.37 115.18 113.87 UP

HCLTECH 582.18 577.97 573.93 569.90 569.72 565.68 561.47 557.43 UP

HDFC 2473.53 2449.27 2426.68 2404.10 2402.42 2379.83 2355.57 2332.98 UP

HDFCBANK 1323.73 1311.67 1304.18 1296.70 1292.12 1284.63 1272.57 1265.08 UP

HEROMOTOCO 2483.80 2454.40 2423.80 2393.20 2394.40 2363.80 2334.40 2303.80 DOWN

HINDPETRO 271.77 269.73 266.82 263.90 264.78 261.87 259.83 256.92 DOWN

HINDALCO 220.77 219.43 217.47 215.50 216.13 214.17 212.83 210.87 DOWN

HINDUNILVR 1986.63 1973.27 1958.18 1943.10 1944.82 1929.73 1916.37 1901.28 DOWN

ICICIBANK 560.90 555.20 550.65 546.10 544.95 540.40 534.70 530.15 UP

IBULHSGFIN 325.40 315.95 307.65 299.35 298.20 289.90 280.45 272.15 UP

IOC 130.77 129.93 128.67 127.40 127.83 126.57 125.73 124.47 DOWN

INDUSINDBK 1529.47 1518.98 1503.47 1487.95 1492.98 1477.47 1466.98 1451.47 DOWN

INFY 741.70 738.35 734.95 731.55 731.60 728.20 724.85 721.45 DOWN

ITC 249.07 247.08 244.12 241.15 242.13 239.17 237.18 234.22 DOWN

JSWSTEEL 270.72 268.73 266.72 264.70 264.73 262.72 260.73 258.72 DOWN

KOTAKBANK 1752.73 1738.57 1715.63 1692.70 1701.47 1678.53 1664.37 1641.43 DOWN

LT 1344.47 1336.18 1323.87 1311.55 1315.58 1303.27 1294.98 1282.67 DOWN

M&M 548.48 544.07 537.33 530.60 532.92 526.18 521.77 515.03 DOWN

MARUTI 7378.25 7341.30 7301.40 7261.50 7264.45 7224.55 7187.60 7147.70 DOWN

NTPC 117.07 116.23 115.47 114.70 114.63 113.87 113.03 112.27 UP

ONGC 128.30 127.55 126.35 125.15 125.60 124.40 123.65 122.45 DOWN

POWERGRID 189.68 188.57 187.33 186.10 186.22 184.98 183.87 182.63 DOWN

RELIANCE 1633.85 1625.70 1612.40 1599.10 1604.25 1590.95 1582.80 1569.50 DOWN

SBIN 350.60 345.05 341.45 337.85 335.90 332.30 326.75 323.15 UP

SUNPHARMA 443.97 440.33 435.32 430.30 431.68 426.67 423.03 418.02 DOWN

TATAMOTORS 187.00 184.35 180.15 175.95 177.50 173.30 170.65 166.45 DOWN

TATASTEEL 488.87 476.13 468.57 461.00 455.83 448.27 435.53 427.97 UP

TCS 2282.10 2264.40 2243.65 2222.90 2225.95 2205.20 2187.50 2166.75 DOWN

TECHM 797.73 792.72 788.03 783.35 783.02 778.33 773.32 768.63 UP

ULTRACEMCO 4291.55 4219.15 4169.80 4120.45 4097.40 4048.05 3975.65 3926.30 UP

UPL 608.13 594.52 586.33 578.15 572.72 564.53 550.92 542.73 UP

VEDL 156.07 153.28 148.77 144.25 145.98 141.47 138.68 134.17 DOWN

WIPRO 261.13 257.47 254.63 251.80 250.97 248.13 244.47 241.63 UP

YESBANK 59.03 56.27 53.83 51.40 51.07 48.63 45.87 43.43 UP

ZEEL 296.22 292.08 288.07 284.05 283.93 279.92 275.78 271.77 UP

NEXT WEEK MAJOR ECONOMIC EVENTS

Time Cur. Imp. Event Forecast Previous

Monday, December 23, 2019

6:00:00 PM USD Core Durable Goods Orders (MoM) (Nov) 0.10% 0.50%

7:00:00 PM CAD GDP (MoM) (Oct) 0.10% 0.10%

8:30:00 PM USD New Home Sales (Nov) 735K 733K

Tuesday, December 24,

2019

All Day Holiday Brazil - Christmas Eve

All Day Holiday Italy - Christmas Eve

All Day Holiday Germany - Christmas Eve

All Day Holiday Switzerland - Christmas

Holiday Hong Kong - Christmas Eve - Early close at 12:00

Holiday United Kingdom - Christmas Eve - Early close at 12:30

Holiday Singapore - Christmas Day - Early close at 12:35

Holiday United States - Christmas - Early close at 13:00

Holiday Spain - Christmas - Early close at 14:00

Holiday France - Christmas Eve - Early close at 14:05

Holiday Australia - Christmas Eve - Early close at 14:10

7:00:00 PM USD Core Durable Goods Orders (MoM) (Nov) 0.10% 0.60%

Wednesday, December 25, 2019

All Day Holiday Switzerland - Christmas Day

All Day Holiday Australia - Christmas Day

All Day Holiday Canada - Christmas Day

All Day Holiday France - Christmas Day

All Day Holiday Hong Kong - Christmas Day

All Day Holiday South Korea - Christmas Day

All Day Holiday Singapore - Christmas Day

All Day Holiday United Kingdom - Christmas Day

All Day Holiday Spain - Christmas Day

All Day Holiday Brazil - Christmas Day

All Day Holiday Italy - Christmas

All Day Holiday India - Christmas Day

All Day Holiday Germany - Christmas Day

All Day Holiday South Africa - Christmas Day

All Day Holiday United States - Christmas

Thursday, December 26, 2019

All Day Holiday Australia - Boxing Day

All Day Holiday Canada - Boxing Day

All Day Holiday France - Boxing Day

All Day Holiday Hong Kong - The first weekday after Christmas Day

All Day Holiday United Kingdom - Boxing Day

All Day Holiday Switzerland - St. Stephen's Day

All Day Holiday Spain - Boxing Day

All Day Holiday Italy - Christmas

All Day Holiday Germany - Boxing Day

All Day Holiday South Africa - Boxing Day

Friday, December 27, 2019

9:00:00 PM USD Crude Oil Inventories -1.085M

COPRPORATE ACTION

Symbol Series Face

Value(Rs.) Purpose Ex-Date

Record

Date

BC Start

Date

BC End

Date

679GS2029 GS 100 Interest Payment 23-Dec-19 24-Dec-19 - -

CHOLAFIN EQ 2 Interim Dividend - Re 1 Per Share 23-Dec-19 24-Dec-19 - -


KESORAMIND EQ 10 Demerger 24-Dec-19 26-Dec-19 - -

GOLDENTOBC EQ 10 Annual General Meeting 24-Dec-19 - 43826 30-Dec-19

BALMLAWRIE EQ 10 Bonus 1:2 26-Dec-19 28-Dec-19 - -

MANPASAND EQ 10 Annual General Meeting 26-Dec-19 - 43827 30-Dec-19


PRIMARY MARKET UPDATES

MCX OPTION STRATEGY

CRUDE OIL : Sell Jan. Put option strike of 4150 at CMP 50 and in range of 4230 and 4150.

Maximum Profit : Put Premium

Maximum loss : Unlimited

Stop Loss : Exit in Put option if Crude oil price goes below 4120.

CRUDE OIL : Sell Jan. Call option strike of 4550 at CMP 39 and in range of 4330 and 4450.

Maximum Profit : Call Premium

Maximum loss : Unlimited

Stop Loss : Exit in Call option if Crude oil price goes above 4550.

TECHNICAL PICKS – COMMODITY

NCDEX CHANA JAN (BUY):

Chana has broken trend line resistance of 4460 and

made a higher bottom formation. It also closed

above 20 DEMA of 4430. It is likely to go up to 4530

to 4550.

CMP : 4466

TARGET : 4530 / 4550

STOP LOSS : 4410

Company Issue Size (Cr)

Open

Close Offer Price (Rs)

- - - - -

TECHNICAL PICKS – EQUITIES

UPL (BUY):

The stock trading in upwards sloping channel in long

term chart and has made double bottom formation on

short term chart. Currently the stock is trading above

close to all short & long term moving averages (20,

50,100 &200) and can test 620/640 mark.

CMP : 578

TARGET : 620

STOP LOSS : 550

SHREECEM (BUY):

The stock has inverted head & shoulder pattern with

higher high & higher low formation on daily chart.

Currently the stock is trading above all long term &

short term moving average (20, 50 & 100), can test

21200/21300 mark.

CMP : 6336

TARGET : 6600

STOP LOSS : 6250

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 MonthPrice as on

20.12.2019Strategy Resistance Support Technical Comments

Chana Jan 4466

Buy around

sup. Level and

sell around res.

Level

4550/4630 4410/4350

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

4430. Traders can buy on declines with SL 4350. Near resistance

levels it can give some corrction.

Guar Gum Jan 7576

Buy around

sup. Level and

sell around res.

Level

7750/7870 7450/7350

It has made a low of 7113 and given a sharp bounce from this level

up to 7735 and given a correction from this level up to 7542. Its 20

DEMA support is at 7475. Traders can buy on declines with SL 7450.

Below this level it can correct up to around 7350. It can also bounce

from this level. Traders can also sell on bounce near resistance levels

and consider near resistance level as SL.

Guar Seed Jan 4146

Buy around

sup. Level and

sell around res.

Level

4190/4230 4070/4030


up to 4236 and after facing a 200 DEMA resistace of 4210 it has given

a correction from this level up to 4132. Its 20 DEMA support is at

4095. Traders can buy on declines with SL 4070. Below this level it

can correct up to around 4030. It can also bounce from this level.

Traders can also sell on bounce near resistance levels and consider

near resistance level as SL.

Jeera Jan 15875

Buy around

sup. Level and

sell around res.

Level

16150/16500 15800/15500


up to 15945. Its 50 DEMA resistance is at 16150. Traders can sell on

bounce with SL 16150. Above this level it can go up to around 16500.

It can also correct from these levels. It can also correct from support

levels.

Agri Commodities

Soyabean Jan 4339Buy on

declines4390/4450 4270/4190


4190. Traders can buy on declines with near SL of 4270. Below this

level it can correct up to around 4190. It can also bounce from this

level. Near resistance levels it can give some correction.

RMSeed Jan 4592Buy on

declines4650/4730 4520/4450


4450. Traders can buy on declines with near SL of 4520. Below this

level it can correct up to around 4450. It can also bounce from this


Soya Oil Ref. Jan 908Buy on

declines920/930 890/880


857. Traders can buy on declines with nea SL of 890. Below this level

it can correct up to around 880 to 860. It can also bounce from this


Cocud(N) Jan 2168

Buy around

sup. Level and

sell around res.

Level

2210/2250 2110/2070



can correct up to around 2070. It can also bounce from these levels.

It can also correct from resistance levels.

Dhania Jan 6383

Buy around

sup. Level and

sell around res.

Level

6650/6850 6250/6090

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

6550. Traders can sell on rise with SL 6550. Closes above this level it

can go up to around 6750 to 6850. It can also correct these resistance

levels. It can also bounce from support levels.

TMC March 6096

Buy around

sup. Level and

sell around res.

Level

6250/6390 5970/5790


6250. Traders can sell on rise with SL 6270. Closes above this level it



Mentha oil (MCX) Dec 1288

Buy around

sup. Level and

sell around res.

Level

1305/1330 1270/1250


1295. Traders can sell on rise with SL 1305 Closes above this level it



CPO (MCX) Dec 742Buy on

declines750/770 725/705


705. Traders can buy on declines with SL 725. Below this level it can

correct up to around 705. It can also bounce from this level. Near

resistance levels it can give some correction.

Cardamom Jan 3151

Buy around

sup. Level and

sell around res.

Level

3250/3430 2950/2800



can correct up to around 2800. It can also bounce from this level.

Near resistance levels it can give some correction.

Commodity MonthPrice as on

20.12.2019Strategy Resistance Support Technical Comments

Gold Feb 37991

Buy around

support level

and sell near

resistance

levels

38100/3830037800/

37500

Gold is trading in range bound from 37500 to 38100. Traders can buy on

declines with near SL of 37800. Below this level it can correct up to

around 37500 to 37350. It can also bounce from these levels. It is facing a

trend line resistance of 38100. Trades can sell on bounce with SL around

38100. Above this level it can go up to around 38300 to 38500.

Silver March 44905

Buy around

support level

and sell near

resistance

levels

45200/4590044500/

44100

Silver has made a higher bottom formation and closed above 50 DEMA of


correct up to around 44100. It can also bounce from this level. Its

immediate resistance is at 45200. If it sustain above this level it can go up

to around 45900 to 46200.

Copper Dec 442

Buy around

support level

and sell near

resistance

levels

445/450 439/435

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

of 439. Traders can buy on declines with SL 439. If trades below this level

it can correct up to around 435 to 432. It can also bounce this level. Near

resistance levels it can give some correction.

Aluminum Dec 134.25

Buy around

support level

and sell near

resistance

levels

135/137 132/130


133. Traders can buy on declines with SL 132. Closes below this level it

can correct up to around 130. It can also bounce from this level. It can

also correct from resistance levels.

Non - Agri Commodities

Lead Dec 153.3Sell on rise and

buy near

support levels

155/156 152/150

It has made a lower top formation and closed below 50 DEMA of 154.50.

Traders can sell on rise with SL 155. Closes above this level it can go up to

around 157 to 159. It can also correct from this level. It can also bounce

from support levels.

Zinc Dec 183

Buy around

support level

and sell near

resistance

levels

185/187 181/180

It has made a lower top formation and closed below 20 DEMA of 184.

Traders can sell on rise with near SL of 185. Above this level it can go up

to around 187 to 189. It can also correct from these level. It can also

bounce from support levels.

Nickel Dec 1054

Buy around

support level

and sell near

resistance

levels

1070/1090 1030/1010



correct up to around 1010 to 990. It can also bounce from this level. It can

also correct from resistance levels.

Crude Oil Jan 4294

Buy around

support level

and sell near

resistance

levels

4350/4450 4270/4210

Crude oil has made a high of 4375 and given a correction up to 4276.

Traders buy on declines with SL 4270. Below this level it can correct up to

around 4210 to 4130. It can also correct from these levels. Near resistance

level it can give some correction.

Natural Gas Jan 165.3

Buy around

support level

and sell near

resistance

levels

170/175 160/155

It has made a lower top formation and closed below 20 DEMA of 169.

Traders can sell on rise with near SL of 170. Closes above this level it can

go up to around 173 to 175. It can also correct from this level. It can also

bounce from support levels.

Weekly_Newsletter 22 Dec 2019 TO 28 Dec 2019.pdf (p.1-11)Commodity Report 21 Dec 2019.pdf (p.12-16)

Documents

nitial Weekly Newsletter | 22 Dec - 28 Dec, 2019 P O...(MPC)werereleasedonThursday(19December).RBI'sMPCatitslastmeetingon 5 December 2019 decided to keep the policy repo rate under