Weekly Newsletter | 19 May - 25 May, 2019 O · The BSE Mid-Cap index fell 81.40 points or 0.57% to settle at 14,308.36. The BSE Small-Cap index fell 218.59 points or 1.55% to settle

Market Outlook

THE WEEK THAT WAS

Stocks gain on broad-based buying demand

Key indices ended the volatile week with modest gains on buying

demand in index pivotals. The Sensex settled below the psychological

38,000 level. The Nifty finished slightly above the 11,400 mark. Indices

logged gains in three of five trading sessions. Small and mid-cap stocks

underperformed the Sensex during the week.

In the week ended Friday, 17 May 2019, the Sensex rose 467.78 points or

1.25% to settle at 37,930.77, its highest closing level since 7 May 2019.

The Nifty 50 index rose 128.25 points or 1.14% to settle at 11,407.15, its

highest closing level since 7 May 2019.

The BSE Mid-Cap index fell 81.40 points or 0.57% to settle at 14,308.36.

The BSE Small-Cap index fell 218.59 points or 1.55% to settle at

13,887.14.

Key indices dropped sharply on first trading day of the week on Monday,

13 May 2019 on negative global stocks. Investors were concerned about

global economic growth after trade negotiations between the US and

China appeared at a deadlock. The barometer index, the S&P BSE Sensex,

lost 372.17 points or 0.99% to 37,090.82. The Nifty 50 index fell 130.70

points or 1.16% to 11,148.20.

Meanwhile, the India Meteorological Department (IMD) said that the

monsoon onset over Kerala is likely to be slightly delayed. The

southwest monsoon onset is likely to set over Kerala on 6 June with a

model error of ± 4 days. The forecast is mostly in line with the one made

by private forecaster Skymet, which said the monsoon would hit the

State on 4 June 2019.

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

Wholesale Price Index (WPI), stood at 3.07% (provisional) in April 2019

(over April 2018) as compared to 3.18% (provisional) in the previous

month and 3.62% during the corresponding month of the previous year,

the Ministry of Commerce & Industry said in a release during trading

hours on 14 May 2019.

The all-India general Consumer Price Index (CPI) inflation rose to 2.92%

in April 2019, compared with 2.86% in March 2019. The inflation based

on CPI was 4.58% in April 2018. The Central Statistics Office (CSO)

released the data after market hours on 13 May 2019.

India's industrial production (base year 2011-12=100) declined 0.1% in

March 2019, while snapping growth for last 21 straight months. The

industrial production growth for February 2019 has been retained

unchanged at 0.1% as reported provisionally. The data was announced

after market hours on Friday, 10 May 2019.

India's overall exports (merchandise and services combined) in April

2019 is estimated to be $44.06 billion, exhibiting a positive growth of

1.34% over the April 2018. Overall imports in April 2019 is estimated to

be $52.83 billion, exhibiting a positive growth of 4.53% over April 2018.

Taking merchandise and services together, overall trade deficit for April

2019 is estimated at $8.78 billion as compared to $7.07 billion in April

2018, the Ministry of Commerce & Industry said in a statement on 15

May 2019.

Tech

nic

al

Vie

w

Nifty Outlook (11407)

Bank Nifty Outlook (29450)

USDINR Outlook (70.29)

EURINR Outlook (78.57)

Dollar Index Outlook (97.82)

Markets finally staged a smart come back ahead of the exit polls. Indices witnessed some relief after two weeks of sharp sell-off. During the last week Nifty has made a low of

11125 and given a sharp bounce from this level up to 11427 and closed at 11407. Its 20 DEMA resistance is 11427. Its immediate support is likely to be seen around 11290 and 11170 for next week.

Its resistance is likely to be seen around 11490 to 11570 for next week.

During the last week Bank Nifty has made a low of 28525 and given a sharp bounce from this level up to 29559 and closed above 20 DEMA of 29290. Its immediate

support is likely to be seen around 29100 and 28700 for next week. Its resistance is likely to be seen around 29850 to 30200 for next week.

During the last week USDINR has made a 70.70 and given a correction from this level up to 70.08 and took support above 200 DEMA of 70.05. Its immediate support is likely

to be seen around 69.90 and 69.10 for next week. Its resistance is likely to be seen around 70.70 and 71.50 for next week.

During the last week EURINR has made a high of 79.51 and given a sharp correction from this level up to 78.50 and closed below 20 DEMA of 78.65. Its immediate support is

likely to be seen around 78.30 and 77.30 for next week. Its resistance is likely to be seen around 78.90 and 79.30 for next week.

During the last week DX has made a low of 96.81 and given a sharp bounce from this level up to 97.86 and closed above 20 DEMA of 97.30. Its immediate support is likely

to be seen around 97.10 and 96.30 for next week. Its resistance is likely to be seen around 98.50. Two consecutive closes above this level it can go up to around 101.

Weekly Newsletter | 19 May - 25 May, 2019th th

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

11856.15

10004.55

11407.15

39487.45

33291.58

37930.77Close

nitialublicffering

IPO

Equities Commodities Demat IPOs ResearchMutual

Funds

Currencies Training Algorithmic

TradingMobile

Trading

Wealth

Management

India's merchandise exports in April 2019 were $26.07 billion, as

compared to $25.91 billion in April 2018, exhibiting a positive growth of

0.64%. In Rupee terms, exports were Rs 1,81,021.34 crore in April 2019,

as compared to Rs 1,70,052.96 crore in April 2018, registering a positive

growth of 6.45%. Merchandise imports in April 2019 were $41.40 billion

(Rs 2,87,432.93 crore), which was 4.48% higher in dollar terms and

10.52% higher in Rupee terms over imports of $39.63 billion (Rs

2,60,084.67 crore) in April 2018. The merchandise trade deficit for April

2019 was estimated at $15.33 billion as against the deficit of $13.72

billion in April 2018.

On the global front, China reported surprisingly weaker growth in retail

sales for April. Overall retail sales in April rose 7.2% from a year earlier,

data from the National Bureau of Statistics (NBS) showed.

China announced on Monday, 13 May 2019 that it will raise tariffs on $60

billion worth of US goods, beginning on 1 June 2019. The goods targeted

include a broad range of agricultural products. Last week, US President

Donald Trump raised duties on $200 billion in Chinese goods to 25%

from 10%.

On the US data front, the Commerce Department said housing starts

rose by 5.7% in April to a seasonally adjusted annual rate of 1.235 million.

Further, the Philadelphia Fed manufacturing index in May rose to a four-

month high of 16.6 after registering 8.5 in April. Any reading above zero

indicates improving conditions.

Election results may trigger volatility

Results of Lok Sabha elections, corporate earnings, trend in global

markets, the movement of rupee against the dollar and crude oil price

movement will be monitored. Investors will keep a watch on inflows

from foreign portfolio investors (FPIs) and domestic institutional

investors (DIIs).

Investors will continue to monitor fourth-quarter corporate results.

Shree Cement will announce January-March 2019 quarterly earnings on

18 May 2019. Bharat Petroleum Corporation, Hindustan Petroleum

Corporation and Tata Motors will announce January-March 2019

quarterly earnings on 20 May 2019. Bosch and Tech Mahindra will

declare January-March 2019 quarterly earnings on 21 May 2019. Cipla

and IndusInd Bank will unveil January-March 2019 quarterly earnings

on 22 May 2019. Grasim Industries will declare January-March 2019

quarterly earnings on 24 May 2019.

On the political front, 59 constituencies, spread over seven states and

one Union Territory, will go to polls in the concluding phase on Sunday,

19 May 2019 in seventh and the final phase of the Lok Sabha elections.

Counting of votes for all the seven phases will be taken up on 23 May

2019. Exit poll for the current Lok Sabha elections will be closely

watched on 19 May. Exit polls will offer early clues to the final poll results.

On the global front, developments in trade tensions between the United

States and China will be closely watched. Japan will be post GDP growth

figures for the first quarter on 20 May 2019. The OECD publishes its

economic outlook for member countries and other major economies on

21 May 2019. The May Federal Open Market Committee (FOMC)

minutes will be released on 22 May 2019.

WEEK AHEAD

USDINR 70.29 0.35 %

EURINR 78.57 -0.25 %

Currency Update

CMP Net ChangeCurrency

Week -6221.35 6730.35

Month (May) -10220.55 8872.74

Institutional Activity (Cr.)

FII DII

Year (2019) 45803.15 -5337.78

- - -

- - -

Date Price Band

Primary Market Update

Company

11000

11050

11100

11150

11200

11250

11300

11350

11400

11450

CLOSE

26.00

26.50

27.00

27.50

28.00

28.50

29.00

CLOSE

Nifty

VIX

FII/DII (Cr)

-2500

-2000

-1500

-1000

-500

0

500

1000

1500

2000

2500 FII

CLOSE36600

36800

37000

37200

37400

37600

37800

38000

CLOSE

CASH MARKET DATA

Sensex

Turnover (Rs. Cr.)

Advance/Decline

FII DII

0

200

400

600

800

1000

1200

1400

1600

0

5000

10000

15000

20000

25000

30000

35000

40000

CLOSE

Sensex

Turnover (Rs. Cr.)

Advance/Decline

ADVANCE DECLINE

NSE

3

3.1

3.2

3.3

3.4

3.5

3.6

3.7

3.8

3.9

20

21

22

23

24

25

26

27

28

29

30

2

2.2

2.4

2.6

2.8

3

3.2

3.4

3.6

10

20

30

40

50

60

70

2.9

3

3.1

3.2

3.3

3.4

3.5

3.6

3.7

25

27

29

31

33

35

37

2.4

2.6

2.8

3

3.2

3.4

3.6

3.8

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 %

17-May-19 16-May-19 10-May-19 12-Apr-19 11-May-18

Broad Market Indices :

NIFTY 50 11407.15 11257.10 1.33% 11278.90 1.14% 11643.45 -2.03% 10806.50 5.56%

NIFTY NEXT 50 26226.50 26004.70 0.85% 26558.95 -1.25% 28271.10 -7.23% 29288.65 -10.46%

NIFTY 100 11485.85 11341.60 1.27% 11391.85 0.83% 11807.85 -2.73% 11131.95 3.18%

NIFTY 200 5888.90 5815.30 1.27% 5851.75 0.63% 6085.00 -3.22% 5826.50 1.07%

NIFTY 500 9329.70 9221.65 1.17% 9290.20 0.43% 9674.60 -3.57% 9416.35 -0.92%

NIFTY MIDCAP 50 4674.00 4602.85 1.55% 4708.40 -0.73% 5062.20 -7.67% 5231.05 -10.65%

NIFTY MIDCAP 50 28.08 28.37 -1.04% 26.34 6.61% 21.00 33.71% 13.98 100.86%

Sectoral Indices :

NIFTY BANK 29450.15 28855.30 2.06% 29040.50 1.41% 29938.55 -1.63% 26413.15 11.50%

NIFTY AUTO 8085.75 7891.90 2.46% 8093.20 -0.09% 8777.45 -7.88% 11373.20 -28.91%

NIFTY FIN SERVICE 12640.80 12325.55 2.56% 12248.00 3.21% 12495.60 1.16% 10988.30 15.04%

NIFTY FMCG 29962.15 29228.70 2.51% 29359.05 2.05% 30533.70 -1.87% 28476.00 5.22%

NIFTY IT 15843.35 15933.95 -0.57% 15949.60 -0.67% 15911.10 -0.43% 13478.60 17.54%

NIFTY MEDIA 2190.25 2115.55 3.53% 2228.00 -1.69% 2442.85 -10.34% 3303.60 -33.70%

NIFTY METAL 2807.25 2810.85 -0.13% 2872.50 -2.27% 3071.60 -8.61% 3712.80 -24.39%

NIFTY PHARMA 8448.95 8577.35 -1.50% 8944.60 -5.54% 9426.45 -10.37% 8445.70 0.04%

NIFTY PSU BANK 2949.20 2912.35 1.27% 3022.50 -2.43% 3302.25 -10.69% 2841.85 3.78%

NIFTY PVT BANK 16438.00 16103.25 2.08% 16322.60 0.71% 17032.20 -3.49% 15156.45 8.46%

NIFTY REALTY 252.55 251.85 0.28% 251.20 0.54% 275.70 -8.40% 309.15 -18.31%

Strategy Indices :

NIFTY DIV OPPS 50 2622.25 2601.75 0.79% 2609.85 0.48% 2703.00 -2.99% 2666.75 -1.67%

NIFTY GROWSECT 15 5929.00 5768.80 2.78% 5828.30 1.73% 6157.85 -3.72% 6634.20 -10.63%

NIFTY50 VALUE 20 5361.75 5354.50 0.14% 5382.30 -0.38% 5566.55 -3.68% 4853.50 10.47%

NIFTY50 TR 2X LEV 6202.55 6042.45 2.65% 6073.45 2.13% 6505.95 -4.66% 5871.95 5.63%

NIFTY50 PR 2X LEV 4867.85 4742.20 2.65% 4766.75 2.12% 5108.40 -4.71% 4731.90 2.87%

NIFTY50 TR 1X INV 356.45 361.25 -1.33% 360.30 -1.07% 347.80 2.49% 363.40 -1.91%

NIFTY50 PR 1X INV 402.35 407.70 -1.31% 406.65 -1.06% 392.45 2.52% 404.80 -0.61%

NIFTY50 DIV POINT 2.68 2.68 0.00% 2.41 11.20% 0.00 - 1.11 141.44%

Thematic Indices :

NIFTY COMMODITIES 3482.95 3479.55 0.10% 3487.50 -0.13% 3602.80 -3.33% 3807.10 -8.51%

NIFTY CONSUMPTION 4700.20 4591.80 2.36% 4654.00 0.99% 4891.15 -3.90% 4989.55 -5.80%

NIFTY CPSE 2179.95 2169.65 0.47% 2184.05 -0.19% 2250.20 -3.12% 2432.35 -10.38%

NIFTY ENERGY 15538.65 15530.95 0.05% 15493.85 0.29% 16169.75 -3.90% 14048.35 10.61%

NIFTY INFRA 3032.15 3010.40 0.72% 3052.75 -0.67% 3194.25 -5.07% 3395.40 -10.70%

NIFTY100 LIQ 15 3827.95 3784.55 1.15% 3805.70 0.58% 4127.20 -7.25% 4210.20 -9.08%

NIFTY MID LIQ 15 3985.20 3921.85 1.62% 3990.00 -0.12% 4282.85 -6.95% 4321.15 -7.77%

NIFTY MNC 12682.80 12500.60 1.46% 12523.05 1.28% 13471.80 -5.86% 14349.55 -11.62%

NIFTY PSE 3390.70 3379.45 0.33% 3408.05 -0.51% 3540.35 -4.23% 3844.00 -11.79%

NIFTY SERV SECTOR 15982.25 15740.65 1.53% 15752.40 1.46% 16171.90 -1.17% 14474.80 10.41%

WEEKLY CHANGE IN WORLD INDICES

Indices 17.05.2019 10.05.2019 Chg (Pts) % Chg

DOW JONES 25764.00 25942.37 -178.37 -0.69%

NASDAQ COMPOSITE 7816.28 7916.94 -100.66 -1.27%

FTSE 7348.62 7203.29 145.33 2.02%

NIKKEI 21250.09 21344.92 -94.83 -0.44%

BOVESPA 89992.73 94257.56 -4264.83 -4.52%

HANG SENG 27946.46 28550.24 -603.78 -2.11%

52 WEEKS HIGH/LOW ALL TIME HIGH/LOW

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

AMARAJABAT 623.9 L 15-May-19 GODREJAGRO 461.55 L 15-Feb-19

GODREJAGRO 461.55 L 15-Feb-19 IEX 141.1 L 3-Jul-18

APOLLOTYRE 175.15 L 16-May-19 NIACL 162.15 L 15-May-19

NIACL 162.15 L 15-May-19 HDFCBANK 2369.3 H 5-Mar-19

BHARATFORG 447.5 L 16-May-19 ASTERDM 126.65 L 15-May-19

DABUR 361 L 16-May-19 HONAUT 23900 H 15-Apr-19

ESCORTS 549.05 L 10-Aug-18 VARROC 481 L 16-May-19

SCHAEFFLER 4682.05 L 23-Oct-18 INOXWIND 55.9 L 16-May-19

FINPIPE 442.05 L 20-Feb-19 NH 184.3 L 30-Jan-19

HDFCBANK 2369.3 H 5-Mar-19 PVR 1800 H 6-May-19

INCREASE IN OPEN INTEREST

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

IOC 30-May-19 149.15 -2.35 -1.55% 41975500 2460500 6.23%

GMRINFRA 30-May-19 15.3 -0.15 -0.97% 187110000 2025000 1.09%

NCC 30-May-19 94.45 -0.10 -0.11% 29560000 1440000 5.12%

NMDC 30-May-19 90.9 0.05 0.06% 19590000 828000 4.41%

AUROPHARMA 30-May-19 669.15 -57.20 -7.87% 17307000 799000 4.84%

DECREASE IN OPEN INTEREST

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

YESBANK 30-May-19 134.4 -3.30 -2.40% 103715500 -6804000 -6.16%

SBIN 30-May-19 320.4 3.80 1.20% 55323000 -4350000 -7.29%

FEDERALBNK 30-May-19 98.65 0.60 0.61% 38766000 -3227000 -7.68%

ZEEL 30-May-19 375.5 28.10 8.09% 18743400 -3055000 -14.01%

ICICIBANK 30-May-19 391.9 8.00 2.08% 85097375 -2593250 -2.96%

INCREASE IN OI IN CALLS

Symbol Expiry Date Option Type Strike Price Last Price Turnover Premium (Lacs Open Interest Open Int Chg

IDEA 30-May-19 CE 13 0.5 125.06 8582976 2463632

YESBANK 30-May-19 CE 150 7.8 1268.18 4541250 1352750

SBIN 30-May-19 CE 320 12.9 1219.14 3969000 513000

FEDERALBNK 30-May-19 CE 100 3.5 165.59 2905000 -273000

RPOWER 30-May-19 CE 6 1 47.49 7744000 2336000

INCREASE IN OI IN PUTS

Symbol Expiry Date Option Type Strike Price Last Price Turnover Premium (Lacs Open Interest Open Int Chg

YESBANK 30-May-19 PE 130 11 1085.93 2647750 332500

IDEA 30-May-19 PE 12 0.9 58.8 5066340 953664

SBIN 30-May-19 PE 300 5.6 363.28 2706000 -15000

ICICIBANK 30-May-19 PE 380 9.3 506.49 1761375 -622875

TATAMOTORS 30-May-19 PE 170 6.85 353.64 1464000 112000

LEVELS FOR NIFTY STOCKS

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

ADANIPORTS 383.40 378.10 372.60 367.10 367.30 361.80 356.50 351.00 DOWN

AMBUJACEM 228.40 224.20 221.60 219.00 217.40 214.80 210.60 208.00 UP

ASIANPAINT 1363.25 1347.00 1333.50 1320.00 1317.25 1303.75 1287.50 1274.00 UP

AUROPHARMA 778.30 753.35 711.90 670.45 686.95 645.50 620.55 579.10 DOWN

AXISBANK 783.28 767.72 758.33 748.95 742.77 733.38 717.82 708.43 UP

BAJAJ-AUTO 3363.08 3256.52 3148.28 3040.05 3041.72 2933.48 2826.92 2718.68 DOWN

BAJFINANCE 3564.67 3440.33 3370.72 3301.10 3246.38 3176.77 3052.43 2982.82 UP

BPCL 393.48 386.17 381.18 376.20 373.87 368.88 361.57 356.58 UP

BHARTIARTL 340.60 335.65 332.05 328.45 327.10 323.50 318.55 314.95 UP

INFRATEL 276.63 273.77 271.23 268.70 268.37 265.83 262.97 260.43 UP

BOSCHLTD 17843.67 17616.78 17423.77 17230.75 17196.88 17003.87 16776.98 16583.96 UP

CIPLA 561.35 556.65 550.40 544.15 545.70 539.45 534.75 528.50 DOWN

COALINDIA 244.30 241.15 238.65 236.15 235.50 233.00 229.85 227.35 UP

DRREDDY 2956.73 2883.37 2814.18 2745.00 2740.82 2671.63 2598.27 2529.08 UP

EICHERMOT 22219.07 21609.53 21273.27 20937.00 20663.73 20327.46 19717.93 19381.66 UP

GAIL 338.60 336.35 334.70 333.05 332.45 330.80 328.55 326.90 UP

HCLTECH 1090.47 1083.73 1073.22 1062.70 1066.48 1055.97 1049.23 1038.72 DOWN

HDFC 2074.28 2036.12 2014.88 1993.65 1976.72 1955.48 1917.32 1896.08 UP

HDFCBANK 2441.43 2405.37 2383.73 2362.10 2347.67 2326.03 2289.97 2268.33 UP

HEROMOTOCO 2780.97 2708.98 2665.77 2622.55 2593.78 2550.57 2478.58 2435.37 UP

HINDPETRO 286.22 282.83 278.77 274.70 275.38 271.32 267.93 263.87 DOWN

HINDALCO 199.47 196.13 193.92 191.70 190.58 188.37 185.03 182.82 UP

HINDUNILVR 1814.60 1778.40 1757.60 1736.80 1721.40 1700.60 1664.40 1643.60 UP

ICICIBANK 405.47 398.73 394.22 389.70 387.48 382.97 376.23 371.72 UP

IBULHSGFIN 746.13 737.07 730.13 723.20 721.07 714.13 705.07 698.13 UP

IOC 158.35 155.50 152.55 149.60 149.70 146.75 143.90 140.95 DOWN

INDUSINDBK 1415.70 1403.85 1388.70 1373.55 1376.85 1361.70 1349.85 1334.70 DOWN

INFY 748.80 742.30 733.10 723.90 726.60 717.40 710.90 701.70 DOWN

ITC 311.38 306.87 304.13 301.40 299.62 296.88 292.37 289.63 UP

JSWSTEEL 285.03 281.37 278.88 276.40 275.22 272.73 269.07 266.58 UP

KOTAKBANK 1535.80 1502.80 1481.40 1460.00 1448.40 1427.00 1394.00 1372.60 UP

LT 1417.03 1394.27 1378.08 1361.90 1355.32 1339.13 1316.37 1300.18 UP

M&M 641.27 631.88 625.77 619.65 616.38 610.27 600.88 594.77 UP

MARUTI 7141.23 6965.62 6836.23 6706.85 6660.62 6531.23 6355.62 6226.23 UP

NTPC 129.33 127.97 126.73 125.50 125.37 124.13 122.77 121.53 UP

ONGC 175.43 171.72 169.53 167.35 165.82 163.63 159.92 157.73 UP

POWERGRID 186.97 185.28 183.72 182.15 182.03 180.47 178.78 177.22 UP

RELIANCE 1303.85 1290.40 1278.90 1267.40 1265.45 1253.95 1240.50 1229.00 UP

SBIN 331.48 326.72 322.98 319.25 318.22 314.48 309.72 305.98 UP

SUNPHARMA 430.47 423.23 416.17 409.10 408.93 401.87 394.63 387.57 UP

TATAMOTORS 187.13 182.42 179.63 176.85 174.92 172.13 167.42 164.63 UP

TATASTEEL 484.13 477.82 473.63 469.45 467.32 463.13 456.82 452.63 UP

TCS 2168.63 2151.82 2123.63 2095.45 2106.82 2078.63 2061.82 2033.63 DOWN

TECHM 809.50 801.25 793.05 784.85 784.80 776.60 768.35 760.15 UP

ULTRACEMCO 4596.70 4552.80 4522.80 4492.80 4478.90 4448.90 4405.00 4375.00 UP

UPL 1024.22 1008.58 989.62 970.65 973.98 955.02 939.38 920.42 DOWN

VEDL 168.67 166.48 163.72 160.95 161.53 158.77 156.58 153.82 DOWN

WIPRO 293.70 291.80 289.10 286.40 287.20 284.50 282.60 279.90 DOWN

YESBANK 156.17 151.08 142.62 134.15 137.53 129.07 123.98 115.52 DOWN

ZEEL 416.03 396.92 384.53 372.15 365.42 353.03 333.92 321.53 UP

PRIMARY MARKET UPDATES

COPRPORATE ACTION

Symbol Series Face

Value(Rs.) Purpose Ex-Date Record Date

BC Start

Date

BC End

Date

TATACOFFEE EQ 1 Annual General Meeting/ Dividend - Rs 1.50 Per

Share 20-May-19 - 22-May-19 3-Jun-19

SUNDRMFAST EQ 1 Interim Dividend - Rs 3.10 Per Share 20-May-19 21-May-19 - -

GDL EQ 10 Interim Dividend 21-May-19 22-May-19 - -

ADVANIHOTR EQ 2 Interim Dividend - Rs 1.40 Per Share 21-May-19 22-May-19 - -

794GS2021 GS 100 Interest Payment 22-May-19 23-May-19 - -

RSYSTEMS EQ 1 Annual General Meeting 22-May-19 - 24-May-19 28-May-

19

MADHAV EQ 10 Extra Ordinary General Meeting 22-May-19 - 24-May-19 31-May-

19


GHCL EQ 10 Annual General Meeting/ Dividend - Rs 5 Per Share 22-May-19 23-May-19 - -

ITC EQ 1 Dividend - Rs 5.75 Per Share 22-May-19 - 24-May-19 27-May-

19

APCOTEXIND EQ 5 Annual General Meeting/Dividend Rs 7.50 Per Sh 23-May-19 - 25-May-19 3-Jun-19

MERCK EQ 10 Annual General Meeting / Dividend Rs 440 Per

Share 23-May-19 - 25-May-19

31-May-

19


DCBBANK EQ 10 Annual General Meeting/ Dividend - Re 1 Per Share 23-May-19 - 25-May-19 1-Jun-19

RAYMOND EQ 10 Annual General Meeting/ Dividend - Rs 3 Per Share 23-May-19 - 25-May-19 5-Jun-19


TATAGLOBAL EQ 1 Annual General Meeting/ Dividend - Rs 2.50 Per

Share 24-May-19 - 28-May-19 4-Jun-19


Company Issue Size (Cr)

Open

Close Offer Price (Rs)

- - - - -

NEXT WEEK MAJOR ECONOMIC EVENTS

Time Cur. Imp. Event Forecast Previous

Monday, May 20, 2019

All Day Holiday Canada - Victoria Day

All Day Holiday Singapore - Vesak Day

5:20:00 AM JPY GDP (QoQ) (Q1) 0.004 0.005

Tuesday, May 21, 2019

4:30:00 AM USD Fed Chair Powell Speaks

7:00:00 AM AUD RBA Meeting Minutes

Tentative GBP Inflation Report Hearings

7:30:00 PM USD Existing Home Sales (Apr) 5.36M 5.21M

Wednesday, May 22, 2019

12:30:00 PM EUR ECB President Draghi Speaks

2:00:00 PM GBP CPI (YoY) (Apr) 0.022 0.019

5:00:00 PM INR M3 Money Supply 10.00%

6:00:00 PM CAD Core Retail Sales (MoM) (Mar) 0.002 0.006

8:00:00 PM USD Crude Oil Inventories -0.800M 5.431M

11:30:00 PM USD FOMC Meeting Minutes

Thursday, May 23, 2019

11:30:00 AM EUR German GDP (QoQ) (Q1) 0.40% 0.40%

1:00:00 PM EUR German Manufacturing PMI (May) 44.8 44.4

1:30:00 PM EUR German Ifo Business Climate Index 9950.00% 9920.00%

2:00:00 PM GBP Retail Sales (MoM) (Apr) 0.011

5:00:00 PM EUR ECB Publishes Account of Monetary Policy Meeting

7:30:00 PM USD New Home Sales (Apr) 670K 692K

Friday, May 24, 2019

2:00:00 PM GBP Retail Sales (MoM) (Apr) -0.40% 1.10%

5:00:00 PM INR Bank Loan Growth 0.13

5:00:00 PM INR Deposit Growth 9.70%

5:00:00 PM INR FX Reserves, USD

6:00:00 PM USD Core Durable Goods Orders (MoM) (Apr) 0.20%

RESULT CALENDAR

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

RAJOOENG 19-May RTNINFRA 20-May GALAGEX 21-May ALPHAGEO 22-May

AIMCOPEST 20-May RTNPOWER 20-May GARVIND 21-May AML 22-May

ALCHEM 20-May SAMBHAAV 20-May GINNIFILA 21-May ANUHPHR 22-May

AREALTY 20-May SGIL 20-May GTNTEX 21-May APEX 22-May

ASTRAL 20-May SHETR 20-May HINDHARD 21-May ARROWTEX 22-May

ASTRON 20-May SHREEPUSHK 20-May IFCI 21-May ASAHIINDIA 22-May

ATLANTA 20-May SHVSUIT 20-May INDIAGLYCO 21-May ASHFL 22-May

BHARATFORG 20-May SIMPLEX 20-May INTELLCAP 21-May ASHOKA 22-May

BPCL 20-May SKPMIL 20-May JAMNAAUTO 21-May ASTAR 22-May

CAREERP 20-May SOUTLAT 20-May JBCHEPHARM 21-May BAJAJELEC 22-May

CELEBRITY 20-May SREINFRA 20-May JINDALSTEL 21-May BAJAJHIND 22-May

COMFINTE 20-May SUYOG 20-May JMGCORP 21-May BALAJITELE 22-May

CONFIPET 20-May TAINWALCHM 20-May KEI 21-May BANKBARODA 22-May

DALMIASUG 20-May TALBROSENG 20-May KIOCL 21-May CAMEXLTD 22-May

DANLAW 20-May TATAMOTORS 20-May KISAN 21-May CANBK 22-May

DHAMPURSUG 20-May TATAMTRDVR 20-May MAITRI 21-May CEBBCO 22-May

FRASER 20-May TORNTPHARM 20-May MANGIND 21-May CENTRALBK 22-May

GALXBRG 20-May TRITURBINE 20-May MORGANITE 21-May CIPLA 22-May

GLAXO 20-May TVTODAY 20-May MUKTAARTS 21-May CUMMINSIND 22-May

GUJSTATFIN 20-May UBL 20-May PATSPINLTD 21-May DELTAMAGNT 22-May

HEG 20-May VIPCLOTHNG 20-May PRAKASH 21-May ELCIDIN 22-May

HIGHSTREE 20-May VIVIDIND 20-May RANEENGINE 21-May FCONSUMER 22-May

HINDPETRO 20-May YARNSYN 20-May RLF 21-May FILTRA 22-May

HPL 20-May AARTIIND 21-May RSWM 21-May GEECEE 22-May

INDOSTAR 20-May AHLWEST 21-May SAHYADRI 21-May GENESYS 22-May

INDTERRAIN 20-May ALKYLAMINE 21-May SINCLAIR 21-May GET&D 22-May

INDTONER 20-May APTECHT 21-May SMLT 21-May GHUSHINE 22-May

INSILCO 20-May ARIHCAPM 21-May SOMANYCERA 21-May GISOLUTION 22-May

JSL 20-May BANCOINDIA 21-May SPICEMOBI 21-May GLOBALCA 22-May

KASHYAP 20-May BHARATFIN 21-May SUBROS 21-May GSFC 22-May

KERNEX 20-May BODALCHEM 21-May SUMERUIND 21-May HERITGFOOD 22-May

KIRANVYPAR 20-May BOSCHLTD 21-May SUNFLAG 21-May HEXATRADEX 22-May

KITEX 20-May BPL 21-May SURYAROSNI 21-May ICIL 22-May

KREBSBIO 20-May BRADYM 21-May TECHM 21-May IGPL 22-May

KUSUMEL 20-May BRIGHTBR 21-May TEXMOPIPES 21-May INDNIPPON 22-May

LANCER 20-May CARERATING 21-May TILAK 21-May INDOTECH 22-May

LASA 20-May CENTENKA 21-May TIMKEN 21-May INDUSINDBK 22-May

LAXMIMACH 20-May CHANDNIMACH 21-May TIPSINDLTD 21-May ITDCEM 22-May

MALUPAPER 20-May CITL 21-May TNPETRO 21-May JAYNECOIND 22-May

MANALIPETC 20-May COASTCORP 21-May TPROJECT 21-May JINDALSAW 22-May

MONTECARLO 20-May COCHINSHIP 21-May TRIVENI 21-May JKLAKSHMI 22-May

MUKANDENGG 20-May CROMPTON 21-May TTLEL 21-May KIMIABL 22-May

MUKANDLTD 20-May DECNGOLD 21-May UFO 21-May KJMCCORP 22-May

NDTV 20-May DHANUKA 21-May VAIBHAVGBL 21-May KJMCFIN 22-May

NETTLINX 20-May DIAMONDYD 21-May VIDHIING 21-May LAKSHMIMIL 22-May

NILA 20-May DLF 21-May WABAG 21-May MAKERSL 22-May

PHILIPCARB 20-May ERIS 21-May 21STCENMGM 22-May MANINFRA 22-May

POPULARES 20-May EUROASIA 21-May ACRYSIL 22-May MANJEERA 22-May

RAJSREESUG 20-May EVERESTO 21-May ADFFOODS 22-May MOIL 22-May

ROCKONENT 20-May FMNL 21-May ALLCARGO 22-May MRO-TEK 22-May

RESULT CALENDAR


MUNJALAU 22-May A2ZINFRA 23-May RELIGARE 23-May CAMLINFINE 24-May

NAYSAA 22-May AARVEEDEN 23-May RGRL 23-May CGVAK 24-May

NIPPOBATRY 22-May ABANSENT 23-May RISHDIGA 23-May CIL 24-May

NIYOGIN 22-May ABHICAP 23-May RML 23-May COFFEEDAY 24-May

ORIENTBELL 22-May AMARDEE 23-May RUDRA 23-May CYBERMEDIA 24-May

POWERMECH 22-May AMRUTANJAN 23-May SANGHVIMOV 23-May DISHTV 24-May

PRESSMN 22-May AUROLAB 23-May SARLAPOLY 23-May DIXON 24-May

PRIMAPLA 22-May BANASFN 23-May SELLWIN 23-May DOLPHINOFF 24-May

PRIMEURB 22-May BHAGYAPROP 23-May SELMCL 23-May EMMBI 24-May

QUESS 22-May BHAGYNAGAR 23-May SEVENHILL 23-May EMPIND 24-May

QUINTEGRA 22-May BLSINFOTE 23-May SHABCHM 23-May EXCELINDUS 24-May

RAMCOCEM 22-May CANTABIL 23-May SHBCLQ 23-May FDC 24-May

RAMCOSYS 22-May COMPUPN 23-May SHREESEC 23-May FERROALL 24-May

RBL 22-May CORAGRO 23-May SIELFNS 23-May GCKL 24-May

REDINGTON 22-May CREATIVE 23-May SPAL 23-May GICHSGFIN 24-May

RUCHINFRA 22-May DWARKESH 23-May STERTOOLS 23-May GILADAFINS 24-May

SAGCEM 22-May ECLERX 23-May STHINPA 23-May GOLKONDA 24-May

SASTASUNDR 22-May EROSMEDIA 23-May SUNDARAM 23-May GOODRICKE 24-May

SAWABUSI 22-May ESKAY 23-May SUNSHINE 23-May GRASIM 24-May

SCHNEIDER 22-May EUROASIA 23-May SUNTECHNO 23-May GROMOTRADE 24-May

SGFL 22-May FRONTBUSS 23-May SUNTV 23-May GSCLCEMENT 24-May

SHEETAL 22-May FRONTCAP 23-May SURANASOL 23-May GVKPIL 24-May

SHK 22-May GARWAMAR 23-May SURANAT&P 23-May HARDCAS 24-May

SICAGEN 22-May GICRE 23-May SWITCHTE 23-May HARME 24-May

SINGER 22-May GKCONS 23-May TECHNVISN 23-May HEIDELBERG 24-May

SINTEX 22-May GOKAKTEX 23-May THIRDFIN 23-May HERCULES 24-May

SKIPPER 22-May GOLDIAM 23-May TRANOCE 23-May HUDCO 24-May

SMARTFIN 22-May GOLDLEG 23-May TVSSRICHAK 23-May IDFC 24-May

SYMPHONY 22-May GOLDTECH 23-May UNIAUTO 23-May IGL 24-May

TANFACIND 22-May HAZOOR 23-May XCHANGING 23-May INDIANCARD 24-May

TCIEXP 22-May HCG 23-May ADARSH 24-May INDSILHYD 24-May

TCIFINANCE 22-May IGL 23-May ADVENZYMES 24-May INRADIA 24-May

TDPOWERSYS 22-May IITL 23-May AJIL 24-May INTECCAP 24-May

TERRAFORM 22-May INTECH 23-May ALORA 24-May INVENTURE 24-May

THANGAMAYL 22-May IPOWER 23-May AMBER 24-May JAICORPLTD 24-May

THERMAX 22-May JACKSON 23-May AMFORG 24-May JSLHISAR 24-May

TIL 22-May KILPEST 23-May AMJLAND 24-May JSWSTEEL 24-May

UGARSUGAR 22-May KLIFESTYL 23-May ASHOKLEY 24-May KANORICHEM 24-May

UTTAMSUGAR 22-May KSLIND 23-May ASTRAZEN 24-May LIBERTSHOE 24-May

VETO 22-May LXMIATO 23-May ATLASCYCLE 24-May MAWANASUG 24-May

VIRAT 22-May MANDHANA 23-May AUSOMENT 24-May MEGH 24-May

VISTARAMAR 22-May MEP 23-May BATAINDIA 24-May METALCO 24-May

WINTAC 22-May MERCANTILE 23-May BATLIBOI 24-May MIDINDIA 24-May

WOMENNET 22-May MFSINTRCRP 23-May BEARDSELL 24-May MIDVAL 24-May

WPIL 22-May MUKATPIP 23-May BHARAT 24-May MORYOIND 24-May

ZHINUDYP 22-May NAYSAA 23-May BINDALAGRO 24-May NAGARFERT 24-May

ZIMLAB 22-May NOVARTIND 23-May BLACKROSE 24-May NAGAROIL 24-May

ZSANMCOM 22-May OILCOUNTUB 23-May BRIPORT 24-May NALINLEA 24-May

ZWELCAST 22-May RAMCOIND 23-May BSOFT 24-May NCC 24-May

3PLAND 23-May RATNABHUMI 23-May BUTTERFLY 24-May NESCO 24-May

RESULT CALENDAR


NGLFINE 24-May TRCFIN 24-May INDIACEM 25-May MBPARIKH 25-May

NIDHGRN 24-May TRIVENIGQ 24-May INDOAMIN 25-May NDL 25-May

NOIDATOLL 24-May TUNITEX 24-May INDRENEW 25-May NIITLTD 25-May

OCTAVE 24-May UNICHEMLAB 24-May IRIS 25-May NILASPACES 25-May

OIVL 24-May UNIDT 24-May ISHANCH 25-May NITINSPIN 25-May

ONMOBILE 24-May VALLABH 24-May JYOTI 25-May NOL 25-May

OSWALAGRO 24-May VARDMNPOLY 24-May KANSAFB 25-May OLPCL 25-May

PAGEIND 24-May VARROC 24-May KGDENIM 25-May ORICON 25-May

PANAMAPET 24-May VIKASWSP 24-May KHANDSE 25-May PANCHMAHQ 25-May

PCS 24-May ZENIFIB 24-May KMGMILK 25-May PARKERAC 25-May

PDMJEPAPER 24-May ZODJRDMKJ 24-May KOVAI 25-May PASUPTAC 25-May

PNCINFRA 24-May ZPRBHSTE 24-May KPEL 25-May PENNARALUM 25-May

PODARPIGQ 24-May ZUARIGLOB 24-May KRISHNA 25-May PRAKASHSTL 25-May

PONNIERODE 24-May ADITYASP 25-May MAL 25-May PRITHVIEXCH 25-May

PSB 24-May AKSHOPTFBR 25-May MALLCOM 25-May RAMAPHO 25-May

QUADRANT 24-May ANDHRAPET 25-May RAPICUT 25-May SSLEL 25-May

QUANTBUILD 24-May ATULAUTO 25-May RJKMRFR 25-May STERWEB 25-May

RACLGEAR 24-May AUTOIND 25-May RKFORGE 25-May SUKHJITS 25-May

RADHEDE 24-May AVANTI 25-May RUNGTAIR 25-May SUNDRMBRAK 25-May

RADHEY 24-May BALRAMCHIN 25-May SALORAINTL 25-May TULASEEBIOE 25-May

RAJOIL 24-May BAPACK 25-May SARDAEN 25-May TURBO 25-May

RAMAVISION 24-May BEML 25-May SAURASHCEM 25-May UNRYLMA 25-May

RCIIND 24-May BENGALT 25-May SESHAPAPER 25-May VITESSE 25-May

RDBRIL 24-May BHARATWIRE 25-May SHILCTECH 25-May WABCOINDIA 25-May

RECLTD 24-May CALCOM 25-May SHRICON 25-May WEPSOLN 25-May

RESPONIND 24-May CHANDRIMA 25-May SHRIDINE 25-May XPROINDIA 25-May

RJSHAH 24-May CHMBBRW 25-May SJCORP 25-May YASHO 25-May

ROLTA 24-May CHOKSI 25-May SKCIL 25-May ZPARICIN 25-May

ROSSELLIND 24-May CILSEC 25-May SOMAPPR 25-May

ROTO 24-May CUPIDTR 25-May SRDL 25-May

RUBRAME 24-May CYBERSC 25-May

RUCHINDLTD 24-May DAMOINDUS 25-May

SALZER 24-May DENISCHEM 25-May

SAPPL 24-May DIVISLAB 25-May

SEPOWER 24-May DLINKINDIA 25-May

SHARONBIO 24-May DYNPRO 25-May

SIDDHA 24-May EUROLED 25-May

SPECIAPP 24-May EUROTEXIND 25-May

SREEJAYA 24-May EVERLON 25-May

SRINACHA 24-May FAIRDSY 25-May

STEL 24-May FINELINE 25-May

SUDARSCHEM 24-May FINOLEXIND 25-May

SUNRINV 24-May GAEL 25-May

SUPERSHAKT 24-May GEETANJ 25-May

SVGLOBAL 24-May GEL 25-May

SWARAJAUTO 24-May GUJTLRM 25-May

TCI 24-May HIGHENE 25-May

TCIDEVELOP 24-May HINDSECR 25-May

TPLPLAST 24-May INDCEMCAP 25-May

TRABI 24-May INDERGR 25-May

MCX OPTION STRATEGY

CURUDE OIL : Sell Jun. put option strike of 4100 @ CMP 56.

Maximum Profit : Put Premium

Maximum loss : Unlimited

Stop Loss : Exit in put option If copper closes below 4250.

COPPER : Sell Jun. Put option strike of 410 @ CMP 4.30.

Maximum Profit : Put Premium

Maximum loss : Unlimited

Stop Loss : Exit in Put option If copper closes Below 420.

TECHNICAL PICKS – COMMODITY

NCDEX GUAR GUM JUN (SELL):

It has made a lower top formation and closed

below 200 DEMA of 8890. Traders can sell on rise

with SL 8950.

CMP : 8834

Target : 8630

Stop Loss : 8950

TECHNICAL PICKS – EQUITIES

HDFC LTD (BUY):

The has taken trend line support of 1910 and also

taken support at 200 DEMA of 1915 and given a

bounce from this level up to 1998 and also closed

above 20 DEMA of 1967. It has also made a higher

bottom formation. It is likely to go up to 2070.

CMP : 1993

TARGET : 2070

STOP LOSS : 1960

AJANTA PHARMA (SELL):

The stock has made downward channel formation.

Currently the stock is trading below all short term

moving averages (20, 50, 100, 200) and is likely to

correct up to 970.

CMP : 1026

TARGET : 970

STOP LOSS : 1050

Address:

4th

Floor, Baid House, 1, Tara Nagar,

Ajmer Road, Jaipur - 302006,

Tel. Ph. 0141- 4050515

Email- [email protected]

SEBI Reg. No. : INB 231248536/ INB 011248532/INE 261248536 NSE Code No. : 12485, BSE Code No. : 6284, MCXSX Code No.: 47000, FMC Reg. No. : NCDEX/TCM/Corp/0278,

NCDEX TM ID: 00142, FMC Reg. No. : MCX/TCM/Corp/0853, MCX TM ID: 10790

------------------------------------------------------------------------------------------------------------------------------------------------------- Disclaimer:

This Document has been prepared by Tradeswift Broking Pvt. Ltd., for use by the recipient only and not for circulation. The information and opinions contained in the document

have been complied from sources believed to be reliable. Tradeswift Broking Pvt. Ltd., does not warrant its accuracy, completeness and correctness.This report is for your guidance

only. Tradeswift Broking Pvt. Ltd. Or any of its director/employee/signatories or any other person will not be responsible for any trade done based on the report mentioned above.

Tradeswift Broking Pvt. Ltd has no personal trading interest in any of the scrips detailed above. Trading in commodities is facilitated through associate companies : Tradeswift

Commodities Private Limited (NCDEX) and Tradeswift Derivatives Private Limited (MCX)

Commodity MonthLTP as on

17.05.2019Strategy Target S/L Technical Comments

Chana Jun 4611

Buy on

declines and

sell near

resistance

levels

4630/4670/4770

(Res.)

4530/4450

(Sup.)

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

4485. Traders can buy on declines with SL 4530. Closes below this

level it can correct up to around 4490 to 4450. It can also bounce

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

Guar Gum Jun 8835

Sell on rise and

buy near

support levels

8950/9030 (Res.)8750/8630

(Sup.)

It has made a lower top formation and closed below 200 DEMA of

8890. Traders can sell on rise with SL 8950. Closes above this level it

can go up to around 9030 to 9120. It can also correct from these

levels. It can also bounce from support levels.

Guar Seed M Jun 4406

Sell on rise and

buy near

support levels

4450/4530 (Res.)4350/4290

(Sup.)

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

4450. Traders can sell on rise with SL 4450. Closes above this level it

can go up to around 4490 to 4530. It can also correct from these

levels. It can also bounce from support levels.

Jeera Jun 17805

Buy around

sup. Level and

sell around res.

Level

18200/18700

(Res.)

17600/17200

(Sup.)

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

of 17240. Traders can buy on declines with near SL of 17600. Closes

below this level it can correct up to around 17200 to 16900. It can

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

correction.

Agri Commodities

Soyabean Jun 3715

Buy around

sup. Level and

sell around res.

Level

3750/3790 (Res.) 3690/3620

(Sup.)

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

3740. Traders can sell on rise with near SL of 3750. Closes above this

level it can go up to around 3790. It can also correct from this level.

Near support levels it can give some bounce. Traders can also buy on

correction near support levels and consider near support level as SL.

RMSeed Jun 3909

Buy around

sup. Level and

sell around res.

Level

3950/3990 (Res.)3850/3810

(Sup.)

It has made a higher bottom formation and closes above 100 DEMA

of 3890. Traders can buy on declines with SL 3850. Closes below this

level it can correct up to around 3810. It can also bounce from this

level. Near resistance levels it can give some correction.

Soya Oil Ref. Jun 739

Buy around

sup. Level and

sell around res.

Level

745/750 (Res.)730/725

(Sup.)

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

of 739. Traders can buy on declines with near SL of 735. Closes below

this level it can correct up to around 730 to 725. It can also bounce

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

Cocud(N) Jun 2741

Buy around

sup. Level and

sell around res.

Level

2790/2850 (Res.)2670/2590

(Sup.)


2590. Traders can buy on declines with near SL of 2670. Closes below

this level it can correct up to around 2590. It can also bounce from

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

Dhania Jun 7577

Buy around

sup. Level and

sell around res.

Level

7690/7850 (Res.)7430/7320

(Sup.)





TMC Jun 7105Buy on

declines 7450/7750 (Res.)

6990/6850

(Sup.)




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

can sell on bounce near resistance levels and consider near

resistance levels as SL.

Mentha oil (MCX) May 1397

Buy around

sup. Level and

sell around res.

Level

1430/1450 (Res.)1370/1330

(Sup.)





CPO (MCX) May 527

Buy around

sup. Level and

sell around res.

Level

530/540 (Res.)510/490

(Sup.)


525. Traders can buy on declines with SL 520. Closes Below this level

it can correct up to around 510 to 507. It can also bounce from these

levels. It can also correct from resistance levels.

Cardamom Jun 2321

Buy around

sup. Level and

sell around res.

Level

2430/2550 (Res.)2150/2010

(Sup.)



this level it can correct up to around 2010 to 1990. It can also bounce

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

Commodity MonthLTP as on

17.05.2019Strategy Resistance Support Technical Comments

Gold Jun 31791

Sell on rise and

buy near

support levels

32050/32350

(Res.)

31600/

31450

(Sup.)

Gold has made a high of 32540 and given a sharp correction from this

level up to 31755 and closed below 20 DEMA of 31890. Traders can sell on

rise with SL 32050. Closes above this level it can go up to around 32350. It

can also correct from this level. Near support levels it can give some

bounce.

Silver July 36577

Sell on rise and

buy near

support levels

37250/37650

(Res.)

36500/

35500

(Sup.)

Silver has given a sharp correction from 37760 to 36530 and closed below

20 DEMA of 37250. Traders can sell on bounce near resistance levels with

SL 37300. Closes above this level it can go up to around 37650. It can also

correct from this level. Near support levels it can bounce. Closes below

36500 it can correct up to around 35500.

Copper Jun 428

Buy around

support level

and sell near

resistance

levels

435/445 (Res.)425/410

(Sup.)

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

435. Traders can sell on bounce near resistance levels with SL 435. Closes

above this level it can go up to around 440. It can also correct from this

level. Traders can also buy on correction near support levels with SL 425.

Closes below this level it can correct up to around 415 to 410.

Aluminum May 149.5

Buy around

support level

and sell near

resistance

levels

151/153 (Res.)148/145

(Sup.)

It has made a lower top formation but closed above 20 DEMA of 148.50.

Traders can buy on declines with SL 148. Closes below this level it can

correct up to around 145. It can also bounce from this level. It can also

correct from resistance levels.

Non - Agri Commodities

Lead May 128

Sell on rise and

buy near

support levels

131/135 (Res.)127/125

(Sup.)

It has made a lower top formation and closed below 20 DEMA of 130.50.

Traders can sell on rise with SL 131. Closes above this level it can go up to

around 134 to 135. It can also correct from these levels. Near support

levels it can give some bounce. Its strong support at 128. Traders can buy

on declines with SL 128.

Zinc May 215

Buy around

support level

and sell near

resistance

levels

218/220 (Res.) 213/209

(Sup.)

It has made a lower top formation and closed below 20 DEMA of 218.

Traders can sell on rise with SL 218.50. Closes above this level it can go up

to around 221 to 223. It can also correct from these levels. Near support

levels it can give some bounce. Closes below 213 it can correct up to

around 209 to 207.

Nickel May 845

Sell on rise and

buy near

support levels

860/870 (Res.)830/820

(Sup.)

It has made a lower top formation and closed below 20 DEMA of 850.

Traders can sell on rise with SL 860. Closes above this level it can go up to

around 870 to 875. It can also correct from these levels. Near support

levels it can give some bounce.

Crude Oil Jun 4445

Buy around

support level

and sell near

resistance

levels

4530/4630

(Res.)

4390/4310

(Sup.)

Crude oil has made a higher bottom formation and closed above 20

DEMA of 4399. Traders can buy on declines with SL 4390. Closes below

this level it can correct up to around 4310. It can also bounce from these

levels. Near resistance levels it can give some correction.

Natural Gas May 184

Buy around

support level

and sell near

resistance

levels

190/199 (Res.)182/175

(Sup.)


183. Traders can buy on declines with SL 181. Below this level it can

correct up to around 177 to 175. It can also bounce from this level. Near

resistance levels it can give some correction.

Documents

Weekly Newsletter | 19 May - 25 May, 2019 O · The BSE Mid-Cap index fell 81.40 points or 0.57% to settle at 14,308.36. The BSE Small-Cap index fell 218.59 points or 1.55% to settle