WE INNOVATE. WE ARE CREATIVE....Technically, Nifty needs to move above its key hurdles at 11,857 mark quickly else there is a danger that any rally at Dalal Street from here on will

Disclosures and Disclaimer : This report must be read with the disclosures in the Disclosure appendix, and with the Disclaimer, which forms part of it. This document does not contain any investment views or opinions.

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Welcome NoteTuesday

07th May, 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 Tuesday's trading action at Dalal

Street, dated 7th May 2019.

Caution will continue to be the buzzword at Dalal Street as sentiments are

seen feeling the heat of President Donald Trump’s Twitter threat to raise tariff

on China.

Honestly speaking, Trump has dropped a trade war bombshell. Diplomacy

has clearly failed. Now, the trade war will resume this Friday — should 11th-

hour negotiations fail.

The 10% tariff on $200 billion worth of Chinese wares becomes 25% this

Friday 10 May 2019.

Trump's twitter demonstrates that export-driven China needs the United

States more than the United States needs China. We say so because after

backing away from scheduled talks China has agreed to proceed to the U.S for

the scheduled meeting. We suspect a truce and a peaceful resolution as early

as this Friday.

Well, if these are one of Trump’s infamous negotiating tactics, then the odds

are in favor of for a peaceful resolution. Alternatively, if the talks fail then this

could be a dangerous game. Worldwide stock markets could simply tank.

That brings us to our call of the day suggests the bulls camp would sincerely

pray that the "Sell in May and go away" omen does not haunts them and the

upcoming election outcome on May 23rd ushers in more cheer to our stock

market.

Technically, Nifty needs to move above its key hurdles at 11,857 mark quickly

else there is a danger that any rally at Dalal Street from here on will fizzle out

with totality and will go into history books as momentum failure. The

corresponding hurdles for Bank Nifty are at 30669 mark. The make-or-break-

support levels on Nifty are at 11519 mark.

Digging deeper, there is not much to distract investors from the renewed

trade tensions. We say so because:

1.Foreign Institutional Investors (FIIs) sold shares worth Rs 949 crore in

the Indian equity markets in yesterday's trade.

2.India's service sector growth hits 7-Month low as many a businesses

have postponed decisions and expansion plans until the outcome of

general election.

3.ICICI Bank's net profit declined 5%t to Rs. 969 crore for the quarter

ended March 31 compared with profit of Rs. 1,020 crore. The Q4 results

miss street's expectations.

4.Overnight, Wall Street was broadly lower.

Now, the main events for the rest of the week:

1.China trade data (8-May-2019)

11598 -0.97%

29618 -1.12%

8268 -1.35%

29576 -0.59%

3126 -0.76%

16111 0.11%

2298 -2.18%

4808 -0.69%

3019 -2.03%

9190 -0.33%

259 -1.47%

6406 -0.94%

38600 -0.93%

11684 0.23%

Volatile session likely.

Neutral (11519-11701)

Neutral (11301-11951)

Positive (12501)

11519 & 11359

11701 & 11857

11479



Technical Strategy2.Draghi’s speech (8-May-2019).

3.Fed Chairman Jermy Powell’s remarks at a Fed conference (9-May-

2019).

4.China monetary data (10-May-2019):

5.US CPI inflation (10-May-2019):

6.India IIP (10-May-2019): The IIP reading for March-2019 is likely to

pick-up marginally from 0.1% YoY growth recorded in February-2019

but remain fairly subdued.

Q4 earnings to trickle in this week:

• Tuesday: CEAT, BSE, VEDL, ESCORTS.

• Wednesday: TITAN, TATACOMM, EID PARRY.

• Thursday: ASIAN PAINTS, MGL, VOLTAS, SOUTHBANK, MTEDUCARE,

IOB, GRANULES. MCDOWELL HOLDINGS, HCLTECH,

DALMIABHARAT,

• Friday: SBIN, PVR, IDFCFIRST, CANBK, EQUITAS, SYNDIBANK, ALBK,

EICHER, L&T

• Saturday: DMART, MOTILALOSWAL, VINATIORGA.

Amongst ongoing IPO CIAN HEALTHCARE LTD issue is open and the issue

closes on 9th May 2019. We have a subscribe rating for CIAN HEALTHCARE

LTD

SGX Nifty is inching up this Monday morning primarily after Dow Jones

overnight clawed back from a deficit of nearly 500 points.

The near term direction will also depend on the:

A.Crude-oil price movement.

B.Trend in USD/INR.

STOCKS TO WATCH:

• Our chart of the day suggests initiating short positions in stock slike

AMARA RAJA BATTERY, SIEMENS and UJJIVAN on any early strength

with inter-week perspective.

• Bharti Airtel has reported a 29% increase in net profit for the quarter

ended March 31 compared to corresponding period a year ago. The Q4

results are slightly above street's expectations.

• Hindustan Unilever reported Volume growth of 7% and we believe the

results are better than compared to its peer like DABUR and GODREJ

Outlook for Tuesday: Volatility will be the hallmark of

today's trade. Stay cautious.

TeamLease Services is one of India’s leading

human resource companies offering a range of

solutions to 3500+ employers for their hiring,

productivity and scale challenges. A Fortune India

500 company listed on the NSE & BSE,

Teamlease has hired 17 lac people over the last

17 years and has 2 lac+ open jobs everyday. One

of India’s fastest growing employers, Teamlease

also operates India’s first Vocational University

and India’s fastest growing PPP National

Apprenticeship Program. The company offers

solutions to large, medium and small clients

across the 3Es of employment (1.5 lac+

employees), employability (2 lac+ students) and

Ease-of-doing Business (1000+ employers).

The Company in partnership with the

Government of Gujarat set up TeamLease Skills

University (TLSU), India’s first vocational

university, at Vadodara. In FY2015, TeamLease

rolled out NETAP (National Employability through

Apprenticeship Program) to provide on-the-job

training to apprentices. The company at present

has nearly 2,00,000 associates/trainees spread

across the country in 6,600+ locations and has till

date given employment to 1.7+ million people

with an aim to hire millions more.

Technically, brace yourselves for a major

breakout play from a complex ‘ascending

pattern’ breakout on the monthly charts.

A potential entrance exists at CMP, as the stock is

likely to run towards its intermediate hurdles at

3310 mark (its all-time-high). Above 3310 mark,

major momentum buying likely which will take

the stock towards at its psychological 4000 mark.

Place stop below 2745 (200 DMA). Holding

Period: 2-3 Months.

TEAM LEASE

Action

Target

Support

Resistance

Holding Period

2980

BUY

3310

2745/2501

3310/3901

60 Days



CONSUMER. We have an outperformer rating on the stock and buying on sharp declines should be the preferred

strategy.

That said, stable monsoons are key for HUL's stock price.

• Meanwhile, Bombay Dyeing reported multifold jump in March quarter profit at Rs 1,253.33 crore, boosted by real estate

activities. The stock is at oversold zone and should be looked to accumulate for targets at 170-175 zone.

• BULLISH STOCKS: INDIGO, BALRAMPUR CHINNI, MCX, HAVELLS, SRF, KOTAK BANK, TEAM LEASE, DCB BANK, RBL

BANK.

• BEARISH STOCKS: APOLLO TYRES, AMARA RAJA BATTERY, UJJIVAN, HERO MOTO CORP, VEDANTA, RELIANCE

INDUSTRIES.

• SHOW ME THE MONEY: Option Trade: SELL RELIANCE INDUSTRIES 30th MAY CE Strike Price 1420 at CMP 39.40.

Maximum Profit: Rs. 19,700/-. Loss: Unlimited. Stop: Exit CALL option if RIL moves above 1411. (RELIANCE

INDUSTRIES May Futures CMP 1395).

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

FII/DII & OPTIONS DATA:

• As per Monday's Provisional Data available on the NSE, FII’s sold shares worth Rs. 948.98 crores in the Indian Equity

Market. DIIs on the other hand, bought shares worth Rs. 89.89 crores in the Indian Equity market.

• As per option data, key resistance level for the May series for Nifty are at 12,000 strike price as maximum call open

interest of 15.06 lakh contract were seen at the 12,000 strike price followed 11,800 strikes. Key support level for the May

series is at 11,500 as Maximum Put open interest of 19.24 lakh contracts were seen at the 11,500 strike price.

GLOBAL CUES:

• At Wall Street, the three major indices were subdued after President Donald Trump threatened over the weekend to

increase tariffs on $200 billion of Chinese goods, raising fresh fears about global growth concerns. Buying on dips should

be the preferred strategy.

In last week's trade, the Dow Jones lost 0.14% and the Nasdaq added 0.24% while the S&P 500 added 0.20% gains.

S&P 500 closed at all time high at 2946.

MACRO CUES:

• GST collection jumping to Rs 1.13 lakh crore in April, the highest since its rollout is also a factor in favor of bulls camp..

• EU leaders’ move to grant the U.K. a delay to Brexit until Oct 31, 2019.

• U.S Gross domestic product grew at an annual rate of 3.2% in the first quarter, higher than the streets' expectations of

2.3%.

• The policy-setting Federal Open Market Committee kept interest rates unchanged at 2.25%-2.5%. The Fed noted that

some key economic activity had slowed during the first quarter.

• Fed Chairman Jerome Powell said, “Incoming data since our last meeting in March have been broadly in line with our

expectations.,”

POLITICAL CUES:

• Sentiments could turn volatile ahead of National elections which has started to take centre stage. The seven-phase

election is being held across the country from 11 April to 19 May and results will be announced on 23 May.



• The street is quite optimistic that Narendra Modi-led government will come back to power after the general elections

2019. Optimists appear to be betting that Modi’s re-election will boost investment activity in sectors such as construction

and infrastructure.

COMMODITY CUES:

• GOLD ($1283): Support now seen 1271-1273 zone on closing basis. Major intermonth hurdles now seen at 1368.

Interweek Strategy: Buy only above 1293, targeting 1311 and then at 1359-1368 zone with stop below 1271.

• WTI CRUDE-OIL (62.37): Key support now at 60.05-60.50 zone. Hurdles at 67.50. Interweek strategy: Establish sell

positions between 64-65 zone, targeting 60.05 zone and then at 57.50-58 zone with strict stop at 65.25.

• MCX COPPER (438): Interweek strategy: Establish long positions at CMP, targeting 447 zone and then aggressive

targets at 451-457 zone with stop at 419.

CURRENCIES & BONDS:

• In Monday's trade, the Indian Rupee ended a volatile session lower, appreciating by 0.20 paise at 69.41.

• Technically, Technically, USD/INR faces major hurdles at 70.45. Major strength seen only above 70.45. Interweek

Strategy: Aggressive traders can look to sell between 69.75-69.85 zone, targeting 69.05 and then 68.45. Stop 70.45.

• In Monday's trade, the benchmarks witnessed a volatile and choppy session, and ended the session sharply lower. The

negative takeaway was that Sensex slipped way below the psychological 39,000 mark. The Nifty too settled below the

11,600 mark.

• Nifty continues to trade way above its 21 DMA & 200 DMA placed at 11669 & 11027 mark respectively.

• The market breadth, indicating the overall health of the market was weak. The BSE Mid-Cap index inched lower 0.79%.

The BSE Small-Cap index slipped 0.85%.

• Technically speaking, medium term supports on Nifty are placed at 11519 zone. Only on any move below 11,519 will the

technical conditions deteriorate with aggressive targets at 10,901 mark.

• Intraday hurdles are at 11701 and then major hurdles seen at 11857 zone.

• The medium term price action for Nifty is suggesting that we are likely to see a 11451-11,901 range in

near term with neutral bias.

• “Fast Motion Panic Buying” will be the preferred theme at Dalal Street only on any move above Nifty 11857 & Sensex

39487 mark. Above these all-time-highs, the benchmark Sensex will eye to hit the magical 40,000 mark. Nifty too will

aim for 12,000 mark.

BOTTOM LINE: Aggressive buying recommended if Nifty

crosses the 11,857 mark.

Nifty likely to outperform Bank Nifty:

• Preferred trade on Nifty (11598): Buy between 11519-

11531 zone. Targets 11701/11857. Stop 11471.

• Preferred trade on Bank Nifty (29618): Sell below 29435.

Targets 29050/28751. Stop 30001.

WHAT TECHNICALS TELLS US ON NIFTY:

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

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 !


AMARA RAJA BATTERY is signaling a nice breakdown from a probable 'higher consolidation zone' on the monthly charts. Interweek Strategy: Sell between 651-655 zone, targeting 621/601. Stop 671.

DCB BANK enjoyed a strong session in Monday's trade, up 0.98%. Positive bias as long as the stock is trading above 207. Interweek Strategy: Buy between 212.50-215 zone. Targets 221/227.50. Stop 207.

Overbought conditions prevail on daily charts. Key support seen at 1357 zone. Interweek Strategy: Sell between 1393-1402 zone. Targets 1357/1321. Stop 1423.

The intraday/interweek risk is on the downside with immediate targets at 283.50. Momentum oscillators signaling major weakness. Interweek Strategy: Sell between 317-321 zone. Targets 301/283.50. Stop 339.

JSW STEEL ended on a negative note in yesterday's trade, down 2.81%. Key intraday hurdles seen at 1165. Intraday Strategy: Sell between 1152-1161 zone. Targets 1101/1069. Stop 1189.

Sell (or short) these 4 stocks before you get burned. SIEMENS is our prefrred bet on sell side.

AMARA RAJA BATTERY

DCB BANK

RELIANCE INDUSTRIES (RIL)

UJJIVAN

SIEMENS

644 621 601 667 687.5 Negative

216.5 212.5 207 221 227.5 Positive

1385 1357 1321 1402.5 1421 Negative

313 301 283.5 327.5 339 Negative

1143 1101 1069 1165 1189 Negative

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: SELL JSW STEEL MAY FUTURES between 305-309

zone. Targets at 296 and then at 287.50. Stop: 314. Holding Period:

Intraday. Analyst’s Remark: Breaking Down (JSW STEEL May

Futures CMP 299.15).

Option Call: BUY MCX MAY CE Strike Price 870 between 33-36

zone. Profit: Unlimited. Maximum Loss: Rs. 25,200/-. Stop: Exit Call

option if MCX moves below 844. (MCX May Futures CMP 861.15).

11598.20 (-0.97%)

29618.45 (-1.12%)

26.4325 (+9.99%)

+54 vs +50

1.91 crores (+1.74%)

17.36 lakhs (+2.07%)

2228.73 2178.82

27777.93 29334.79

684285 644850

200554 14705

700411 40158

8723554 598491

516762 30932

10141281 684285

Calls in lakhs (% Change)

11500 1.2 (+111%)

11600 10.86 (687%)

11700 26.21 (+241%)

Puts in lakhs (% Change)

11300 4.84 (+53%)

11400 6.6 (+42%)

11450 2.75 (+76%)

Tuesday07th May, 2019

Market Summary:

• Nifty May Futures ended Monday's session at a premium of +54 vs

+50.

• The 09th May expiry Put- Call Open Interest Ratio was at 1.19 for

Nifty whereas it was 1.18 for Bank Nifty.

• The 09th May expiry Put-Call Volume Ratio was at 0.98 for the

Nifty and 0.98 for Bank Nifty.

• For Nifty, Maximum Call Open Interest (OI) stands at 11700 Strike

Price, followed by 11800 Strike Price for 09th May Series. Short

Buildup was seen at strikes price 11400-12000.

• Maximum Put Open Interest (OI) was seen at strike price 11600

followed by 11700 strike price for 09th May series. Long buildup

was seen at strike prices 11200-12000.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 30000

Strike Price and Maximum Put Open Interest stands at 29500

Strike Price.

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

shares worth Rs. 948.98 crores in the Indian Equity Market. DIIs

on the other hand, bought shares worth Rs. 89.89 crores in the

Indian Equity market.

• Long Buildup: FEDERAL BANK, BPCL, TATACHEM, MCX.

• Short Buildup: YES BANK, L&TFH, INFY, TITAN, ZEEL.

• Short Covering: RAYMOND, TCS, TATACOMM, PCJEWELLER.

• Long Unwinding: TATA STEEL, JINDLSTL, SAIL, TATAPOWER,

TATADVR.

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

• New In Ban: NIL.

• Out of Ban: NIL.

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


DAILY PIVOT TABLE Tuesday07th May, 2019

NIFTY 11598.25 11568.88 11539.52 11630.08 11661.92 11600.72 11026.01 UP

BANKNIFTY 29618.45 29512.23 29406.02 29741.03 29863.62 29634.82 27284.34 UP

NIFTYMID50 4808.45 4791.33 4774.22 4827.98 4847.52 4810.87 4840.34 DOWN

ACC 1620.4 1608.42 1596.43 1630.27 1640.13 1618.28 1499.15 UP

ADANIENT 125.6 124.63 123.67 126.98 128.37 126.02 146.42 DOWN

ADANIPORTS 379.8 376.82 373.83 384.42 389.03 381.43 362.27 UP

AJANTPHARM 1067.7 1039.1 1010.5 1085.65 1103.6 1057.05 1080.31 DOWN

ALBK 46.35 45.97 45.58 46.82 47.28 46.43 44.59 UP

AMARAJABAT 643.5 636.67 629.83 654.17 664.83 647.33 754.69 DOWN

ANDHRABANK 24.5 24.33 24.17 24.78 25.07 24.62 28.69 DOWN

APOLLOTYRE 197.05 194.87 192.68 200.87 204.68 198.68 229.28 DOWN

ARVIND 81.3 80.25 79.2 83.15 85 82.1 218.47 DOWN

ASHOKLEY 88.05 87.4 86.75 89.05 90.05 88.4 105.19 DOWN

ASIANPAINT 1412.8 1398.03 1383.27 1438.08 1463.37 1423.32 1369.79 UP

AUROPHARMA 778.9 772.33 765.77 786.13 793.37 779.57 737.31 UP

AXISBANK 747.45 743.23 739.02 752.53 757.62 748.32 648.45 UP

BAJAJ-AUTO 3026.2 3008.13 2990.07 3049.13 3072.07 3031.07 2777.81 UP

BAJAJFINSV 7667.95 7583.78 7499.62 7725.93 7783.92 7641.77 6419.11 UP

BAJFINANCE 3034.3 3008.87 2983.43 3076.87 3119.43 3051.43 2618.27 UP

BALKRISIND 867.2 853.92 840.63 888.77 910.33 875.48 1009.77 DOWN

BALRAMCHIN 153.55 151.55 149.55 156.1 158.65 154.1 103.24 UP

BANKBARODA 116 114.83 113.67 117.88 119.77 116.72 119.24 DOWN

BANKINDIA 87.75 86.75 85.75 89 90.25 88 90.83 DOWN

BATAINDIA 1373.45 1347.03 1320.62 1420.13 1466.82 1393.72 1110.15 UP

BEL 88.25 87.48 86.72 88.73 89.22 87.97 92.17 DOWN

BEML 853.1 844.07 835.03 868.07 883.03 859.03 806.62 UP

BERGEPAINT 311.35 309.18 307.02 313.83 316.32 311.67 311.86 DOWN

BHARATFIN 956.15 947.82 939.48 969.37 982.58 961.03 1038.23 DOWN

BHARATFORG 470.8 464.57 458.33 481.37 491.93 475.13 552.23 DOWN

BHARTIARTL 333.45 327.83 322.22 337.73 342.02 332.12 301.45 UP

BHEL 65.9 64.92 63.93 67.62 69.33 66.63 70.38 DOWN

BIOCON 543.35 537.33 531.32 552.18 561.02 546.17 622.69 DOWN

BPCL 390.35 382.97 375.58 394.87 399.38 387.48 349.4 UP

BRITANNIA 2666 2647.3 2628.6 2691.85 2717.7 2673.15 4480.39 DOWN

BSOFT 88.55 86.97 85.38 91.17 93.78 89.58 198.48 DOWN

CANBK 265.55 261.58 257.62 268.73 271.92 264.77 257.34 UP

CANFINHOME 323.5 319.2 314.9 330.05 336.6 325.75 291.12 UP

CASTROLIND 148.95 148 147.05 149.95 150.95 149 155.07 DOWN

CEATLTD 1041.5 1034.28 1027.07 1051.48 1061.47 1044.27 1213.99 DOWN

CENTURYTEX 914.35 902.97 891.58 930.37 946.38 918.98 873.72 UP

CESC 695.6 684.6 673.6 702.1 708.6 691.1 779.1 DOWN

CGPOWER 37.7 36.43 35.17 38.48 39.27 37.22 44.06 DOWN

CHENNPETRO 253.5 249.03 244.57 257.18 260.87 252.72 269.74 DOWN

CHOLAFIN 1293.65 1273.3 1252.95 1314 1334.35 1293.65 1314.38 DOWN

CIPLA 563.35 558.07 552.78 566.57 569.78 561.28 572.92 DOWN

COALINDIA 251.35 248.53 245.72 253.68 256.02 250.87 253.48 DOWN

COLPAL 1164.35 1153.07 1141.78 1176.17 1187.98 1164.88 1199.86 DOWN

CONCOR 495.5 488.63 481.77 503.93 512.37 497.07 604.92 DOWN

CUMMINSIND 710.85 705.2 699.55 717.25 723.65 711.6 742.64 DOWN

DABUR 377.75 374.92 372.08 380.77 383.78 377.93 420.9 DOWN

DALMIABHA 2372.9 2253.3 2133.7 2518.25 2663.6 2398.65 2565.05 DOWN

DCBBANK 216.5 211.97 207.43 220.07 223.63 215.53 173.59 UP

DHFL 132.95 130.15 127.35 137.7 142.45 134.9 300.65 DOWN

DISHTV 35 34.43 33.87 35.73 36.47 35.17 46.5 DOWN

DIVISLAB 1694.65 1685.1 1675.55 1709.15 1723.65 1699.6 1452.94 UP

DLF 173.9 172.18 170.47 176.48 179.07 174.77 180.03 DOWN

DRREDDY 2920.6 2895.75 2870.9 2937.7 2954.8 2912.85 2556.63 UP

EICHERMOT 20349.9 20204.02 20058.13 20490.77 20631.63 20344.88 23382.51 DOWN

ENGINERSIN 109.1 108.53 107.97 109.93 110.77 109.37 118.87 DOWN

EQUITAS 126.35 124.65 122.95 128.5 130.65 126.8 126.83 DOWN

ESCORTS 664.45 654.38 644.32 673.23 682.02 663.17 731.04 DOWN

EXIDEIND 215.4 213.1 210.8 217.1 218.8 214.8 249.23 DOWN

FEDERALBNK 100.1 98.1 96.1 102.3 104.5 100.3 85.54 UP

FORTIS 136.35 135.38 134.42 137.53 138.72 136.57 139.42 DOWN

GAIL 346.25 341.22 336.18 351.22 356.18 346.18 353.01 DOWN

GLENMARK 623.75 615.57 607.38 634.72 645.68 626.53 631.27 DOWN

GMRINFRA 16.4 16.23 16.07 16.58 16.77 16.42 16.98 DOWN

GODREJCP 636 626.67 617.33 650.67 665.33 641.33 774.1 DOWN

GODREJIND 504.15 499.6 495.05 509.1 514.05 504.55 536.21 DOWN

GRANULES 112.15 110.87 109.58 114.02 115.88 112.73 99.75 UP

GRASIM 896.55 888.43 880.32 901.58 906.62 893.47 877.9 UP

GSFC 97.25 96.37 95.48 98.07 98.88 97.18 104.75 DOWN

HAVELLS 751 741.38 731.77 764.23 777.47 754.62 681.2 UP

HCC 13.25 13 12.75 13.5 13.75 13.25 12.84 UP

HCLTECH 1136.05 1127.93 1119.82 1144.28 1152.52 1136.17 1023.55 UP

HDFC 1965.45 1950.32 1935.18 1987.27 2009.08 1972.13 1912.93 UP

HDFCBANK 2328.45 2313.03 2297.62 2347.88 2367.32 2332.47 2108.55 UP

HDIL 22.3 22.02 21.73 22.67 23.03 22.38 24.15 DOWN

HEROMOTOCO 2531.3 2516.6 2501.9 2554.5 2577.7 2539.8 2946.11 DOWN

HEXAWARE 340.85 335.4 329.95 344.95 349.05 339.5 375.31 DOWN

HINDALCO 198.9 196.82 194.73 200.97 203.03 198.88 216.98 DOWN

HINDPETRO 292.25 285.97 279.68 296.12 299.98 289.83 248.21 UP

HINDUNILVR 1668.9 1654.27 1639.63 1685.27 1701.63 1670.63 1713.18 DOWN

HINDZINC 272.55 269.88 267.22 274.83 277.12 272.17 274.9 DOWN

IBREALEST 111.35 109.45 107.55 114.5 117.65 112.6 101.55 UP

IBULHSGFIN 686.55 677.78 669.02 699.53 712.52 690.77 890.65 DOWN

ICICIBANK 401.3 395.67 390.03 405.92 410.53 400.28 347.96 UP

ICICIPRULI 368.75 363.68 358.62 375.13 381.52 370.07 344.16 UP

IDBI 38.6 37.98 37.37 39.53 40.47 38.92 54.62 DOWN

IDEA 16.35 16.02 15.68 16.92 17.48 16.58 37.24 DOWN

IDFC 37.75 37.18 36.62 38.63 39.52 38.07 42.57 DOWN

IDFCFIRSTB 50.25 49.9 49.55 50.55 50.85 50.2 43.45 UP

IFCI 9.9 9.78 9.67 10.03 10.17 9.92 14.07 DOWN

IGL 306.9 304.3 301.7 309.35 311.8 306.75 278.1 UP

INDIACEM 104.1 102.97 101.83 105.77 107.43 104.63 99.3 UP

INDIANB 246.9 243.8 240.7 251.55 256.2 248.45 264.75 DOWN

INDIGO 1561.2 1543.65 1526.1 1588.1 1615 1570.55 1097.71 UP

INDUSINDBK 1528.25 1518.8 1509.35 1540.5 1552.75 1531.05 1669.55 DOWN

INFIBEAM 43.5 40.83 38.17 45.33 47.17 42.67 86.13 DOWN

INFRATEL 271.85 268.93 266.02 274.13 276.42 271.22 283.44 DOWN

INFY 718.4 712.1 705.8 723.25 728.1 716.95 707.07 UP

IOC 156.7 155.1 153.5 158.35 160 156.75 146.44 UP

IRB 119.95 118.5 117.05 121.7 123.45 120.25 153.49 DOWN

ITC 307 302.67 298.33 309.42 311.83 305.08 289.05 UP

JETAIRWAYS 133.4 127.07 120.73 137.77 142.13 131.43 254.69 DOWN

JINDALSTEL 173.55 171.4 169.25 176.45 179.35 174.3 175.83 DOWN

JISLJALEQS 51.55 50.83 50.12 52.63 53.72 51.92 67.86 DOWN

JPASSOCIAT 5.25 5.13 5.02 5.33 5.42 5.22 8.11 DOWN

JSWENERGY 70.85 69.57 68.28 71.57 72.28 70.28 67.67 UP

JSWSTEEL 296.7 293.67 290.63 301.07 305.43 298.03 319.44 DOWN

JUBLFOOD 1299.85 1284.67 1269.48 1320.87 1341.88 1305.68 1312.05 DOWN

JUSTDIAL 573.8 567.22 560.63 583.17 592.53 576.58 524.63 UP

KOTAKBANK 1410.4 1401.07 1391.73 1418.37 1426.33 1409.03 1253.34 UP

KSCL 448.95 439.63 430.32 456.63 464.32 447.32 534.04 DOWN

KTKBANK 128.65 126.95 125.25 130.4 132.15 128.7 114.69 UP

L&TFH 123.65 121.87 120.08 126.62 129.58 124.83 145.21 DOWN

LICHSGFIN 485.15 469.45 453.75 495.6 506.05 479.9 481 UP

LT 1352.7 1346.78 1340.87 1361.73 1370.77 1355.82 1332.3 UP

LUPIN 867.45 856.18 844.92 874.58 881.72 863.32 843.73 UP

M&M 638.5 634.07 629.63 643.97 649.43 639.53 774.89 DOWN

M&MFIN 395.55 392.13 388.72 399.38 403.22 395.97 433.72 DOWN

MANAPPURAM 117.5 114.78 112.07 119.58 121.67 116.87 98.29 UP

MARICO 339.6 332.8 326 351.15 362.7 344.35 351.95 DOWN

MARUTI 6709.65 6655.3 6600.95 6748 6786.35 6693.65 7640.02 DOWN

MCDOWELL-N 522.2 517.52 512.83 528.97 535.73 524.28 578.81 DOWN

MCX 853.6 842.4 831.2 865.4 877.2 854.2 756.86 UP

MGL 942.9 934.67 926.43 951.62 960.33 943.38 889.02 UP

MOTHERSUMI 133.6 131.27 128.93 137.57 141.53 135.23 171.25 DOWN

MRF 53817.85 53019.23 52220.62 54303.23 54788.62 53504.62 65027.02 DOWN

MRPL 70.3 69.55 68.8 71.1 71.9 70.35 74.41 DOWN

MUTHOOTFIN 593.3 587.08 580.87 601.43 609.57 595.22 483.33 UP

NATIONALUM 50.95 50.45 49.95 51.6 52.25 51.1 62.13 DOWN

NBCC 57.95 57 56.05 58.6 59.25 57.65 60.87 DOWN

NCC 93.7 92.1 90.5 96.35 99 94.75 89.27 UP

NMDC 96.45 95.2 93.95 98.5 100.55 97.25 102.98 DOWN

NTPC 135 133.93 132.87 135.83 136.67 134.77 149.97 DOWN

OFSS 3422.8 3405.72 3388.63 3443.62 3464.43 3426.53 3713.89 DOWN

OIL 181.35 180.2 179.05 183 184.65 181.85 190.46 DOWN

ONGC 170.15 168.3 166.45 171.85 173.55 170 156.06 UP

ORIENTBANK 95.25 94.23 93.22 96.73 98.22 95.72 86.31 UP

PCJEWELLER 123.3 110.7 98.1 130.45 137.6 117.85 81.73 UP

PEL 2266.35 2242.27 2218.18 2298.17 2329.98 2274.08 2443.96 DOWN

PETRONET 234.6 232.2 229.8 236.1 237.6 233.7 225.15 UP

PFC 114 113.05 112.1 114.9 115.8 113.95 96.81 UP

PIDILITIND 1187.85 1177.23 1166.62 1199.23 1210.62 1188.62 1120.53 UP

PNB 86.25 85.38 84.52 87.33 88.42 86.47 78.17 UP

POWERGRID 190.45 188.58 186.72 192.58 194.72 190.72 189.58 UP

PTC 68.95 68.67 68.38 69.37 69.78 69.08 79.12 DOWN

PVR 1802.3 1774.78 1747.27 1826.88 1851.47 1799.37 1454.41 UP

RAMCOCEM 770.9 765.92 760.93 778.92 786.93 773.93 654.73 UP

RAYMOND 806.05 764.43 722.82 831.23 856.42 789.62 778.06 UP

RBLBANK 664.05 659.57 655.08 669.52 674.98 665.03 581.61 UP

RCOM 2 2 2 2 2 2 11.37 DOWN

RECLTD 141.85 140.4 138.95 143.4 144.95 141.95 120.41 UP

RELCAPITAL 126.4 122.48 118.57 132.83 139.27 128.92 259.63 DOWN

RELIANCE 1384.9 1374.4 1363.9 1399.1 1413.3 1388.6 1202.43 UP

RELINFRA 106.1 104.42 102.73 108.52 110.93 106.83 285.48 DOWN

REPCOHOME 420.3 412.5 404.7 425.2 430.1 417.4 442.1 DOWN

SAIL 55.05 54.23 53.42 55.73 56.42 54.92 61.23 DOWN

SBIN 308.75 306.33 303.92 310.73 312.72 308.32 287.61 UP

SHREECEM 19766.4 19598.52 19430.63 19926.77 20087.13 19758.88 16863.53 UP

SIEMENS 1142.85 1127.53 1112.22 1164.63 1186.42 1149.32 1005.69 UP

SOUTHBANK 16.15 15.8 15.45 16.45 16.75 16.1 15.77 UP

SREINFRA 23.95 23.5 23.05 24.6 25.25 24.15 36.56 DOWN

SRF 2555.85 2535.03 2514.22 2576.63 2597.42 2555.82 2062.28 UP

SRTRANSFIN 1058.85 1048.43 1038.02 1070.83 1082.82 1060.42 1185.97 DOWN

STAR 456.45 442.97 429.48 478.62 500.78 465.13 448.98 UP

SUNPHARMA 453.15 447.77 442.38 457.22 461.28 451.83 511.92 DOWN

SUNTV 553.05 548 542.95 558.7 564.35 553.65 637.31 DOWN

SUZLON 6.6 6.48 6.37 6.73 6.87 6.62 6.15 UP

SYNDIBANK 36.4 35.97 35.53 37.07 37.73 36.63 37.16 DOWN

TATACHEM 605.2 574.5 543.8 623.15 641.1 592.45 661.71 DOWN

TATACOMM 563.8 550.53 537.27 572.53 581.27 559.27 538.71 UP

TATAELXSI 857.7 849.5 841.3 872.4 887.1 864.2 1084.96 DOWN

TATAGLOBAL 202.65 201.13 199.62 205.08 207.52 203.57 217.23 DOWN

TATAMOTORS 199.8 197.03 194.27 203.53 207.27 200.77 204.03 DOWN

TATAMTRDVR 95.7 94.15 92.6 98.1 100.5 96.55 108.09 DOWN

TATAPOWER 65.85 65.3 64.75 66.7 67.55 66.15 72.35 DOWN

TATASTEEL 535.95 527.77 519.58 543.82 551.68 535.63 536.87 DOWN

TCS 2157.85 2122.57 2087.28 2179.07 2200.28 2143.78 1995.81 UP

TECHM 820.15 811.6 803.05 827.1 834.05 818.55 732.56 UP

TITAN 1082.85 1057.7 1032.55 1125.4 1167.95 1100.25 945.12 UP

TV18BRDCST 31.15 30.72 30.28 31.57 31.98 31.13 38.03 DOWN

UBL 1374.2 1363.67 1353.13 1387.87 1401.53 1377.33 1314.95 UP

UJJIVAN 313.05 307.7 302.35 322.2 331.35 316.85 295.64 UP

ULTRACEMCO 4518.55 4482.73 4446.92 4557.18 4595.82 4521.37 3947.98 UP

UNIONBANK 83.9 83.13 82.37 85.03 86.17 84.27 81.2 UP

UPL 949.8 936.98 924.17 964.18 978.57 951.37 755.02 UP

VEDL 166.75 163.78 160.82 168.98 171.22 166.02 199.12 DOWN

VGUARD 212.95 209.3 205.65 217.4 221.85 213.75 204.17 UP

VOLTAS 606.05 598.97 591.88 612.07 618.08 604.98 564.42 UP

WIPRO 290.85 288.77 286.68 293.37 295.88 291.28 313.49 DOWN

WOCKPHARMA 409 398.65 388.3 416.85 424.7 406.5 510.11 DOWN

YESBANK 166.25 163.87 161.48 170.27 174.28 167.88 249.07 DOWN

ZEEL 387.75 378.02 368.28 404.17 420.58 394.43 456.69 DOWN


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

Key supports now seen at 31101. Interweek strategy: Buy at CMP, targeting 32451 and then at 32951-33144 zone with stop at 30751.

Hurdles now at 38251 mark. Interweek strategy: Buy between 36901-37101 zone, targeting 38251 and then at 39401 mark with stop at 36001.

Interweek strategy: Sell between 4405-4425 zone, targeting 4051 mark and then aggressive targets at 3925-3951 zone with stop at 4531.

Interweek strategy: Establish long positions at CMP, targeting 447 zone and then aggressive targets at 451-457 zone with stop at 419.

Natural Gas prices seen at oversold conditions. Support now seen at 171-175 zone. Interweek strategy: Establish long positions at CMP, targeting 205 and then at 221-225 zone with stop at 163.

Technically, USD/INR faces major hurdles at 70.45. Major strength seen only above 70.45. Interweek Strategy: Aggressive traders can look to sell between 69.75-69.85 zone, targeting 69.05 and then 68.45. Stop 70.45.

31568 31101 30751 32301 33144 Neutral

37389 36001 35575 37556 38251 Neutral

4346 4051 3925 4501 4692 Neutral

439 431 420 457 477 Neutral

176.30 171.00 163.00 187.00 225.00 Neutral

69.41 69.05 68.45 70.45 72.50 Neutral

MCX GOLD: Key support at 31101. Confirmation of strength only above 32301.

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

Trade tensions are back. Investors at Wall Street seen digesting Trump’s threat on China tariffs.

1283 1271 1251 1293 1368 Neutral

14.64 14.45 13.05 15.65 16.09 Neutral

62.37 60.05 57.5 65.05 67.5 Neutral

1.1205 1.1023 1.0945 1.1311 1.1545 Neutral

97.51 95.00 92.75 100.00 102.50 Positive

26379 25991 24211 26701 27100 Positive

Support now seen 1271-1273 zone on closing basis. Major intermonth hurdles now seen at 1368. Interweek Strategy: Buy only above 1293, targeting 1311 and then at 1359-1368 zone with stop below 1271.

Hurdles now seen at 16.09. Confirmation of major strength only above 15.65. Interweek Strategy: Buy only above 15.65, targeting 16.09 zone and then at 16.71-16.75 zone with stop below 14.91.

Key support now at 60.05-60.50 zone. Hurdles at 67.50. Interweek strategy: Establish sell positions between 64-65 zone, targeting 60.05 zone and then at 57.50-58 zone with strict stop at 65.25.

EUR/USD faces major hurdles at 1.1545. Major weakness seen only below 1.1201. Buying advised only above 1.1545 mark.

U.S Dollar index faces hurdles at 100. Downside well supported at 95. Establish long positions at CMP, targeting 100 and then at 102.50 with stop at 95. Positive bias.

At Wall Street, the three major indices were subdued after President Donald Trump threatened over the weekend to increase tariffs on $200 billion of Chinese goods, raising fresh fears about global growth concerns. Buying on dips should be the preferred strategy.

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 NICKEL

NCDEX RM SEED

MCX SILVER

NCDEX SUGAR

NCDEX SOYA BEAN

MCX ZINC

145.2 144.47 143.73 146.47 147.73 141.76 151.5 DOWN

2120.6 2107 2093.4 2127.4 2134.2 1440.7 1764.9 DOWN

5578 5531.33 5484.67 5651.33 5724.67 5119.56 6008 UP

4286 4262.67 4239.33 4322.67 4359.33 4223.51 4456 DOWN

434.35 429.82 425.28 437.22 440.08 436.05 450.35 UP

22300 22223.33 22146.67 22353.33 22406.67 21887.55 22080 DOWN

4307 4260.67 4214.33 4345.67 4384.33 4316.99 4634.5 UP

31447 31299.67 31152.33 31534.67 31622.33 31401.68 31982 DOWN

8789 8742 8695 8838 8887 8966.26 8950 DOWN

4365.5 4335.67 4305.83 4404.67 4443.83 4313.66 4441 DOWN

16855 16786.67 16718.33 16936.67 17018.33 18028.7 16560 DOWN

130.95 130.13 129.32 131.93 132.92 143 137 UP

1367.3 1350.37 1333.43 1381.87 1396.43 1630.29 1968 DOWN

178.6 176.47 174.33 181.57 184.53 222.01 171.7 DOWN

847.1 839.83 832.57 856.73 866.37 875.32 879.7 UP

3730 3720.67 3711.33 3738.67 3747.33 3994.16 3789 DOWN

36700 36059.67 35419.33 37530.67 38361.33 38158.75 37894 DOWN

3050 3050 3050 3050 3050 3614.83 3015 DOWN

3606 3587.33 3568.67 3630.33 3654.67 3483.55 3752.5 UP

220.1 217.6 215.1 222.1 224.1 189.74 230.6 DOWN

Tuesday07th May, 2019

CORPORATE OFFICE

Quantum Global Securities Ltd.

2nd Floor, Thakur House, Ashok Nagar,

Kandivali East, Mumbai 400 101

Tel: +91 (22) 4610 6600 / 55, 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.


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WE INNOVATE. WE ARE CREATIVE....Technically, Nifty needs to move above its key hurdles at 11,857 mark quickly else there is a danger that any rally at Dalal Street from here on will