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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. Comfort Securities Limited Daily Research Reports You will enjoy all the comforts of financial world when you alight with us.

Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

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Page 1: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

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.

Comfort Securities Limited

Daily Research Reports

You will enjoy all the comforts of financial world when you alight with us.

Page 2: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

Comfort

Flows From

WISDOM…

Welcome to

The world out there is uncertain. On this backdrop, the market volatility is bound to increase. Believe us, even the big

investors’ sentiment will oscillate—and that is why it is important for us to safely navigate these difficult times.

To do so, Comfort Securities Ltd. brings you this daily market commentary which will help you to sharpen your instincts

on investments in equity markets, gold, silver, crude-oil, USD/INR, the Dow Jones index, Hang Seng index, Euro-Dollar,

etc. On the next few pages, you can learn more about the same. We would love to answer any further questions you may

have in a one-one discussion.

We are pleased to inform you that this report features contributions from the finest analytical minds in the business and

are distinguished by our proactive consulting approach, timely advice, and specific recommendations. We take

satisfaction in seeing clients realize their dreams.

The Comfort Securities team would like to take this opportunity to thank our readers for their support and feedback over

the years. We hope you enjoyed reading this daily newsletter. Above all, we wish that this experience is both

professionally and personally rewarding.

If you have any queries please do contact me or any member of Comfort Securities Ltd. team and we would be glad to

assist.

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Comfort Securities Ltd.Call Us: Tel: 91-22-28811259

Comfort Securities Ltd.

Comfort Securities Limited

Enjoy Your Comfort Zone.

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Welcome Note

Tuesday13th November, 2018

Page 3: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

Stock Of The Day: (F & O)

Forecast and Analysis

CONTENTSCONTENTS

Enjoy Your Comfort Zone.

Invest Smart. Build Wealth.

Title Page No.

'30,000 feet view’: The big picture of Dalal Street 04-07

Stock Of The Day: (F & O) 08-09

Equity Derivatives 10

Daily Pivot Table (Equities) 11

Forecast and Analysis 12-14

Daily Pivot Table (Commodities) 15

Disclaimer 16

'30,000 feet view’:

The big picture of Dalal Street

'30,000 feet view’:

The big picture of Dalal Street

Page 4: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

Enjoy Your Comfort Zone.

Invest Smart. Build Wealth.

'30,000 feet view’: 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, '30,000 feet view’: covers themes and insights for the day.

‘30,000 feet view’: The big picture of Dalal Street

Page 5: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

www.comfortsecurities.co.inEnjoy Your Comfort Zone.

Invest Smart. Build Wealth.

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

‘30,000 feet view’: The big picture of Dalal Street

Good Morning & Welcome to Tuesday's trading action at Dalal Street, dated 13th of

November 2018.

Judging by early action at SGX Nifty, it appears another pretty nasty session on cards for

stock investors at Dalal Street. You can blame it to:

1. Weak global cues.

2. A strong U.S Dollar.

3. Federal Reserve signaling that it would continue to tighten monetary policy at a

gradual pace.

4. Weakening Chinese economy.

Our call of the day suggests markets across globe will remain volatile until concrete

progress is made in U.S.-China trade relations. The need of the hour is amicable U.S - China

trade deal, and if there is no solution soon then worldwide stock markets are into big

trouble. As per latest reports, U.S., China resumed their high-level trade talks

ahead of Trump-Xi meeting set for the end of the month.

Technically, Nifty faces major hurdles at its 200-DMA at 10,765 zone. The bulls' case

strengthens above Nifty 10763. Until then there is downside risk to 10325 and then finally

at 10241.

Now, before we get into detail, let's see what caught our eye in last 24 hours:

1. Overnight, the Dow Jones Industrial Average slid 602 points or 2.3%, logging worst

day in 3 weeks.

2. India's Consumer Inflation eases to 3.31% in October, slowest in 13 months.

3. Crude-oil prices fell to the $59 per barrel level despite a signal by OPEC that it was

mulling a production cut after oil entered a bear market last week, falling 20 percent

from its high.

4. A shock drop in oil prices is raising questions among investors about the health of

the global market.

5. All eyes will be on the upcoming assembly elections in five states- Madhya Pradesh,

Rajasthan, Chhattisgarh, Mizoram and Telangana. Counting of votes will be held

across all the five states on December 11.

6. All anxious eyes will be on the prominent firms announcing Q2 are:

Tuesday: 8KMILES ALBK, APOLLOTYRE, ASHOKLEY, BIRLA CABLE, BOMDYEING, CG

POWER, DALMIA SUGAR, DRL, GLENMARK, GRASIM, IRCON, MARKSANS, NCC, NMDC,

PTC, RITES, SUNPHARMA, SUNTECK, TATASTEEL.

Bottom line: Expect a volatile trading session amidst extremely weak global cues. The

only silver lining is tumbling oil prices. We suspect, RBI will not raise rates in December

meeting because of falling oil prices and as inflation continues to be on the lower side.

Traders will spy with one big eye if the Indian Rupee is under slight depreciation pressure

because the strength in U.S Dollar index.

Outlook for Tuesday: Negative start. Sell on any intraday

strength

This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After

a sluggish open, we suspect stock specific action likely to command investors' attention.

Trading is likely to be light.

10482 -0.97%

25540 -0.90%

9052 -2.44%

28536 -0.68%

3028 -1.38%

14651 0.67%

2434 -2.17%

4783 -0.99%

3385 -1.38%

9558 -0.90%

223 -1.46%

6254 -1.12%

34813 -0.98%

10439 -0.58%

Sell on strength

Neutral (10511-10641)

Neutral (9750-10811)

Neutral (11501)

10325 & 10241

10711 & 10777

10775

Page 6: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

www.comfortsecurities.co.inEnjoy Your Comfort Zone.

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Technical Strategy

‘30,000 feet view’: The big picture of Dalal Street

STOCKS TO WATCH:

• Our chart of the day suggests establsihing short positions in stocks like JINDAL

STEEL & POWER, CANARA BANK and ACC with 2-3 days perspective.

• Bullish stocks: DHFL, DIVIS LAB, CAPITAL FIRST, BIOCON, RBL BANK, SRF,

HAVELLS.

• Bearish stocks: BALKRISHNA INDUSTRIES, BHARTI AIRTEL, VOLTAS, CANARA

BANK, DR REDDYS LAB, TATA GLOBAL, RCOM, BHEL, L&T FINANCIAL.

• Show Me the Money: Sell CANARA BANK (238.10): Negative bias as long as 253

resistance is held. Major weakness below 227. Interweek Strategy: Sell between

237-241 zone, targeting 227 zone and then more aggressive targets located at

205-207.50 zone. Stop above 247.

• Jet Airways will cut flights on less profitable routes and add capacity to more

lucrative markets, as part of its effort to lower costs and boost revenues as it

struggles to stay aloft. Jet Airways posted a loss of Rs. 1,297 crore ($178 million) for

the quarter ended September 30, compared with a Rs. 49.63 crore profit a year

earlier.

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

• Prominent firms announcing Q2 this week are:

• Tuesday: 8KMILES ALBK, APOLLOTYRE, ASHOKLEY, BIRLA CABLE,

BOMDYEING, CG POWER, DALMIA SUGAR, DRL, GLENMARK, GRASIM, IRCON,

MARKSANS, NCC, NMDC, PTC, RITES, SUNPHARMA, SUNTECK, TATASTEEL.

• Wednesday: BALAJITELE, CCCL, COX&KINGS, FINCABLES, GRAVITA,

GUJFLUORO, HDIL, IDEA, KSCL, NBCC, PC JEWELLER, PFIZER, POLYPLEX,

RAIN, RAJESH EXPO, SMLISUZU, SUZLON, UBL, UJJIVAN.

• Thursday: DCW

• Friday: SREINFRA

GLOBAL CUES:

In Monday's trade, Wall Street ended sharply lower as sentiments were already subdued

after the Federal Reserve signaled that it would continue to tighten monetary policy at a

gradual pace. The absence of any major changes to its commentary suggests that the

central bank plans to raise interest rates in December and plans three hikes next year, in

line with market expectations.

The Dow Jones Industrial Average tumbling 600 points as crude oil prices extended their

retreat

FII/DII & OPTIONS DATA:

As per Monday’s Provisional Data available on the NSE, FII’s bought shares worth Rs.

832.15 crores in the Indian Equity Market. DIIs on the other hand, sold shares worth

Rs.1073.84 crores in the Indian Equity market.

• As per option data, key resistance level for the November series for Nifty are at

11,000 strike price as maximum call open interest of 34.15 lakh contracts were seen

at the 11,000 strike price. Key support level for the November series is at 10,000 as

Maximum Put open interest of 48.11 lakh contracts was seen at the 10,000 strike

price.

COMMODITY CUES:

• Crude-Oil prices extended their retreat, despite reports that Saudi Arabia plans to

cut production by 500,000 barrels per day from December and called for a global

output cut of one million barrels per day to support oil price.

In Monday's trading session, Hindustan

Petroleum (HPCL) ended on a negative note,

down 6.73% on backdrop of reports that Saudi

Arabia plans to cut production by 500,000 barrels

per day from December and called for a global

output cut of one million barrels per day to

support oil price.

Technically, HPCL was seen correcting from

overbought zone on the daily charts.

The stock is in higher consolidation mode and

the momentum oscillators are signaling

weakness. Confirmation of weakness on any

move below 213 and any such move below 213

needs to be backed by increases in volumes.

Key support to watch in near term is at 213 zone.

Medium term supports seen at 195 zone.

Sell between 227-231 zone, targeting 213 zone

and then aggressive targets at 195-201 zone

with stop at 251.

HINDUSTAN PETROLEUM (HPCL)

Action

Target

Support

Resistance

Holding Period

223.6

SELL

205

213/195

235/251

9 Days.

Page 7: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

www.comfortsecurities.co.inEnjoy Your Comfort Zone.

Invest Smart. Build Wealth.

‘30,000 feet view’: The big picture of Dalal Street

• Copper prices were seen trading subdued in Monday's trade. Interweek strategy: Establish short positions between 437-441 zone, targeting

425 mark and then at 411-415 zone. Stop above 453.

• Gold price traded sideways in yesterday's trade. Key medium term suppport seen at 30201 mark. Interweek strategy: Establish short

positions between 31251-31450 zone, targeting 30201 mark and then aggressive targets at 30000 with stop at 31901.

MACRO WATCH:

• On investors’ radar would be drama surrounding Federal Reserve's strong assessment of the U.S economy, indicating a rate hike in

December is on course. Well, this could take the air out of any excessive rally at our stock markets. The Fed reiterated its positive outlook on

the economy, but made a nod to the deteriorating business climate after it said investment spending had cooled down. This came after an

otherwise healthy reading of third-quarter GDP revealed some weakness in business investment, mostly attributed to tariff-related issues.

• On the political front, elections to the Chhattisgarh legislative assembly are scheduled to be held in the two phases. First phase for 18 seats

in South Chhattisgarh kicked off yesterday, 12 November 2018 and second for remaining 72 seats of North Chhattisgarh will be held on 20

November 2018. Combining a total of 90 constituencies. The tenure of Chhattisgarh legislative assembly ends on 5 January 2019. The

Madhya Pradesh and Mizoram assembly elections will be held on 28 November 2018. Polling in Rajasthan and Telangana will be held on 7

December 2018. Counting of votes will be held across all the five states on 11 December 2018.

CURRENCIES & BONDS:

• In Monday's trade, the Indian Rupee weakened by 39 Paise to end at 72.89 mark against Dollar. At the current level, the rupee is down 14.5

per cent against the dollar so far this year. Supports for USD/INR seen at 71.75. Intermonth strategy: Buy between 72-72.25 zone,

targeting 75 and then aggressive targets at 77 with strict stop below 71.45.

What Technical Tells Us on Nifty: Benchmark indices suffered modest losses in Monday's trade, down 0.97%. Actually, after a positive

opening, Dalal Street broadly turned lower in Monday's trade as the market looked to correct from last week's strength. The negative catalyst:

Investors remain wary of shaky global cues amidst lingering U.S.-China trade tensions.

Also hurting sentiments were weakening Indian Rupee by 54 paise to 73.04 and crude-oil's rebound attempt. Oil rose 1%, after Saudi Arabia said

OPEC and its partners believed demand was softening enough to warrant an output cut of 1 million barrels per day.

The market breadth, indicating the overall health of the market, was negative. The BSE Mid-Cap index fell 0.91%. The BSE Small-Cap index fell

0.83%. Both these indices outperformed the Sensex.

Technically speaking, key support for Nifty in near term is at 9,951 mark. The technical landscape will worsen further if Nifty closes below the 9,951

mark as that would open the door to massive technical selling, possibly quickly towards the 9750-9801 zone.

Intraday supports on Nifty are placed at 10491 and then at 10325 mark and then at 10241 mark. The intraday bias shifts to neutral after

yesterday's sharp fall.

The make or break hurdles are at 10707-10,775 zone. Intraday hurdles at 10,621 mark.

The price action for Nifty is suggesting that we are likely to see an 10251 -

10,711 range in near term with neutral bias.

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

Volatility likely to be the hallmark of today's trade.

Preferred trade on Nifty: Nifty (10482): Sell between 10501-10551

zone targeting 10401 zone and then aggressive targets at 10257-10301

zone with stop at 10777.

Preferred trade on Bank Nifty (25540): Sell between 25600-25701

zone, targeting 25201 zone and then aggressive targets at 24751-24901

zone with stop at 26201.

Daily Chart of Nifty:

Page 8: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

Enjoy Your Comfort Zone.

Invest Smart. Build Wealth.

Comfort stock of the day

Stock Of The Day: (F & O)

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 Stock Of The Day: (F & O) 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.

Stock Of The Day: (F & O)

Page 9: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

R2STOCKS LTP S1 S2 R1 TRADING STRATEGYBIAS

Enjoy Your Comfort Zone.

Invest Smart. Build Wealth. www.comfortsecurities.co.in

Stock Of The Day: (F & O)

Momentum oscillators in sell mode. Key intraday hurdles at 1467. Interweek Strategy: Sell between 1441-1451 zone, targeting 1405 zone and then at 1385-1391 zone with stop above 1477.

Negative bias as long as 253 resistance is held. Major weakness below 227. Interweek Strategy: Sell between 237-241 zone, targeting 227 zone and then more aggressive targets located at 205-207.50 zone. Stop above 247.

Overbought technical conditions prevail. Negative bias as long as 1681 resistance is held. Intraday Strategy: Sell between 1655-1659 zone, targeting 1635 and then at 1605-1611 zone with stop above 1683.

The intraday risk is on the downside with immediate targets at 169. Momentum oscillators signaling major weakness. Intraday Strategy: Sell between 182-185 zone, targeting 177 and then at 169-171 zone with stop above 188.05.

L&T FINANCIAL ended on a negative note in yesterday's trade, down 2.24%. Key intraday hurdles seen at 137. Intraday Strategy: Sell between 133-135 zone, targeting 128 and then at 122.50-123 zone. Stop 137.45.

A falling tide lowers all stocks! Canara Bank is preferred bet on sell side!!

ACC

CANARA BANK

HINDUSTAN UNILEVER

JINDAL STEEL & POWER

L&T FINANCIAL

1438.7 1405 1385 1467 1489 Negative

238.1 227 205 242.5 253 Negative

1654 1635 1605 1681 1701 Negative

180.6 177 169 187.5 193 Negative

132.85 128 122.5 137 141 Negative

Page 10: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

www.comfortsecurities.co.inEnjoy Your Comfort Zone.

Invest Smart. Build Wealth.

EQUITY DERIVATIVESLooking into the future from present.

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

Nifty Spot

VIX

Premium

Nifty Future OI

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

Cash Volumes (INR in Cr.)

YesterdayDay Before Yesterday

Derivatives Vol.(INR in Cr.)

No of contracts

Turnover (Rs. In cr.)

Major Changes in Nifty Options (OI)

Bank Nifty Spot

Bank Nifty OIFuture

Market Summary:

In Monday's trading session, the benchmark Nifty failed to hold on to early morning

gains as bears dominated the second half of trading session, down by 103 points at

10482.20. In such a scenario, only Nifty IT Index was in green while rest of the

sectoral indices faltered at close. There was a notable drop in Nifty November Futures

premium too. (+23 vs +34).

Amongst Broader Indices, the BSE Midcap Index was down 0.91%. The BSE Smallcap

Index was down 0.83%. Both the indices marginally outperformed the Sensex.

Amongst the sectoral indices, outperforming the Sensex/Nifty were BSE Consumer

Durables Index (up 1.38%), BSE IT Index (up 0.46%), BSE Teck Index (up 0.04%).

Amongst the sectoral indices, underperforming the Sensex/Nifty were BSE Auto Index

(down 2.31%), BSE Oil & Gas Index (down 1.94%), BSE PSU Index (down 1.92%).

Amongst stock specific action, positive bias was seen in stocks like TITAN (up 5.99%),

TECHM (up 2.37%),TATA STEEL (up 1.93%)

Among stocks drifting down were: HINDPETRO (down 7.17%), TATA MOTORS (down

4.58%), IOC (down 4.55%).

Maximum Call Open Interest (OI) stands at 11000 Strike Price, followed by 10700

Strike Price for November Series. Notable short builtup was seen at strike prices

10500-10800 for November series.

Maximum Put Open Interest (OI) was seen at strike price 10000 followed by 10200

strike price for November series. Short covering was seen at strike prices 10000-

10300 for November series

As per Monday’s Provisional Data available on the NSE, FII’s bought shares worth Rs.

832.15 crores in the Indian Equity Market. DIIs on the other hand, sold shares worth

Rs.1073.84 crores in the Indian Equity market.

Highest OI Nifty: Calls 11000: 34.16 L - Puts 10000: 48.11

Highest OI Bank Nifty: Calls 26000: 7.86 L - Puts 25000: 8.28 L

Change in Stock Open Interest (OI) in previous day’s trade.

Long Buildup: WOCK PHARMA, MGL, NIITTECH, HCLTECH, TCS.

Short Buildup: JINDAL STEEL, VEDL, ADANI ENT, HPCL, NMDC.

Short Covering: DHFL, TITAN, TATAGLOBAL, KOTAK BANK, KAJARIA.

Long Unwinding: ICICI BANK, YES BANK, UNION BANK, BANKINDIA.

Stocks banned in F&O segment for today: ADANI POWER.

New In Ban: ADANI POWER.

Out of Ban: NIL.

Future Call: BUY DHFL NOVEMBER FUTURES between 233-235

zone. Targets at 244 and then at 251. Stop: 228.50. Holding Period:

Intraday. Analyst’s Remark: Rebound Play (DHFL November

Futures CMP 239.50).

Option Call: BUY VEDL NOVEMBER PE strike price 198 at CMP

5.25. Profit: Unlimited. Maximum Loss: Rs. 9,187.50. Stop: Exit Put

option if VEDL moves above 216. (VEDL November Futures CMP

203.50).

10482.20 (-0.97%)

25539.75 (-0.90%)

19.3675 (+9.02%)

+23 vs +34

2.42 crores (+2.27%)

12.95 lakhs (-13.94%)

2423.93 2425.77

27416.73 29572.65

571569 415478

295818 19311

806641 44993

8331629 473232

585741 34034

10019829 571569

Calls in lakhs (% Change)

10700 31.09 (+19%)

10800 29.87 (+11%)

10600 23.24 (16%)

Puts in lakhs (% Change)

10500 21.61 (-6%)

10600 11.43 (-19%)

10400 17.54 (-2%)

Tuesday13th November, 2018

Page 11: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

www.comfortsecurities.co.in

DAILY PIVOT TABLE

Enjoy Your Comfort Zone.

Invest Smart. Build Wealth.

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

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.

Tuesday13th November, 2018

NIFTY 10482.2 10415.67 10349.13 10597.12 10712.03 10530.58 10760.78 DOWN

BANKNIFTY 25539.75 25387.5 25235.25 25799.6 26059.45 25647.35 26053.74 DOWN

NIFTYMID50 4782.75 4747.38 4712.02 4841.08 4899.42 4805.72 5024.57 DOWN

ACC 1438.7 1422.82 1406.93 1463.82 1488.93 1447.93 1502.57 DOWN

ADANIENT 160.25 156.3 152.35 166.05 171.85 162.1 131.84 UP

ADANIPORTS 328.65 322.4 316.15 339.8 350.95 333.55 376.08 DOWN

AJANTPHARM 1073.6 1062.45 1051.3 1089.05 1104.5 1077.9 1186.66 DOWN

ALBK 41.65 40.67 39.68 43.32 44.98 42.33 45.82 DOWN

AMARAJABAT 757.65 748.27 738.88 774.27 790.88 764.88 799.87 DOWN

ANDHRABANK 29.3 28.8 28.3 30.05 30.8 29.55 36.55 DOWN

APOLLOTYRE 214.6 211.53 208.47 219.93 225.27 216.87 260.37 DOWN

ARVIND 312.65 308.05 303.45 320.4 328.15 315.8 391.62 DOWN

ASHOKLEY 118.3 116.45 114.6 119.75 121.2 117.9 133.58 DOWN

ASIANPAINT 1278.8 1264.33 1249.87 1304.08 1329.37 1289.62 1250.44 UP

AUROPHARMA 795.95 783.57 771.18 815.27 834.58 802.88 641.91 UP

AXISBANK 606.55 601.4 596.25 615.1 623.65 609.95 558.39 UP

BAJAJ-AUTO 2652.3 2620.17 2588.03 2705.22 2758.13 2673.08 2843.95 DOWN

BAJAJFINSV 5549.1 5449.4 5349.7 5715.9 5882.7 5616.2 5782.42 DOWN

BAJFINANCE 2277.6 2236.73 2195.87 2351.73 2425.87 2310.87 2163.09 UP

BALKRISIND 951.25 934.25 917.25 966 980.75 949 1147.38 DOWN

BALRAMCHIN 117.15 111.57 105.98 121.17 125.18 115.58 83.12 UP

BANKBARODA 109.4 108.18 106.97 111.28 113.17 110.07 133.99 DOWN

BANKINDIA 87.15 84.83 82.52 90.93 94.72 88.62 101.1 DOWN

BATAINDIA 1016.8 1005.07 993.33 1032.77 1048.73 1021.03 839.71 UP

BEL 95.05 93.27 91.48 98.07 101.08 96.28 120.81 DOWN

BEML 720.65 708.32 695.98 740.07 759.48 727.73 939.73 DOWN

BERGEPAINT 300.6 295.07 289.53 307.67 314.73 302.13 282.79 UP

BHARATFIN 922.15 911.77 901.38 934.32 946.48 923.93 1101.19 DOWN

BHARATFORG 584.85 577.2 569.55 594.3 603.75 586.65 669.23 DOWN

BHARTIARTL 296.2 291.8 287.4 302.8 309.4 298.4 377.99 DOWN

BHEL 68.9 68.08 67.27 70.13 71.37 69.32 79.97 DOWN

BIOCON 626.15 616.07 605.98 643.12 660.08 633.03 619.38 UP

BPCL 291.2 287.12 283.03 298.22 305.23 294.13 390.14 DOWN

BRITANNIA 5757.55 5619.83 5482.12 5858.83 5960.12 5721.12 5634.96 UP

CANBK 238.1 234.18 230.27 244.83 251.57 240.92 266.58 DOWN

CANFINHOME 275.9 271.43 266.97 281.93 287.97 277.47 376.29 DOWN

CAPF 487.75 482.5 477.25 494.5 501.25 489.25 588.17 DOWN

CASTROLIND 146.3 144.5 142.7 149.7 153.1 147.9 173.1 DOWN

CEATLTD 1194.4 1174.4 1154.4 1229.55 1264.7 1209.55 1410.47 DOWN

CENTURYTEX 883.65 871.65 859.65 899 914.35 887 1019.22 DOWN

CESC 684.8 678.6 672.4 692.5 700.2 686.3 958.95 DOWN

CGPOWER 35.4 34.8 34.2 36.2 37 35.6 65.73 DOWN

CHENNPETRO 268.25 264.47 260.68 273.22 278.18 269.43 313.32 DOWN

CHOLAFIN 1323.75 1305.28 1286.82 1340.38 1357.02 1321.92 1438.93 DOWN

CIPLA 531.85 526.63 521.42 539.48 547.12 534.27 602.49 DOWN

COALINDIA 263.9 260.93 257.97 269.13 274.37 266.17 280.69 DOWN

COLPAL 1092.05 1082.18 1072.32 1107.73 1123.42 1097.87 1124.61 DOWN

CUMMINSIND 797 777.67 758.33 811.67 826.33 792.33 733.47 UP

DABUR 376.3 372.72 369.13 381.67 387.03 378.08 382.93 DOWN

DALMIABHA 2124.05 2085.13 2046.22 2191.48 2258.92 2152.57 2603.28 DOWN

DCBBANK 157.45 153.58 149.72 163.93 170.42 160.07 170.95 DOWN

DHFL 241.55 232.5 223.45 250.15 258.75 241.1 536.33 DOWN

DISHTV 41.25 40.4 39.55 42.3 43.35 41.45 67.94 DOWN

DIVISLAB 1511.75 1484.95 1458.15 1550.75 1589.75 1523.95 1161.31 UP

DLF 171.4 169.42 167.43 174.77 178.13 172.78 201.29 DOWN

DRREDDY 2415.55 2394.42 2373.28 2437.27 2458.98 2416.13 2254.37 UP

EICHERMOT 21933.55 21670.88 21408.22 22345.73 22757.92 22083.07 27748.29 DOWN

ENGINERSIN 120.6 118.42 116.23 123.57 126.53 121.38 140.32 DOWN

EQUITAS 108.2 106.18 104.17 109.98 111.77 107.97 143.1 DOWN

ESCORTS 653.55 644.08 634.62 667.13 680.72 657.67 837.31 DOWN

EXIDEIND 253.15 251 248.85 256.6 260.05 254.45 249.95 UP

FEDERALBNK 80.1 79.22 78.33 81.47 82.83 80.58 86.96 DOWN

FORTIS 139.6 138.83 138.07 140.78 141.97 140.02 143.31 DOWN

GAIL 364.75 361.67 358.58 370.17 375.58 367.08 349.88 UP

GLENMARK 661.1 651.3 641.5 677.25 693.4 667.45 582.91 UP

GMRINFRA 16.15 15.85 15.55 16.7 17.25 16.4 18.1 DOWN

GODREJCP 692.9 686.93 680.97 701.33 709.77 695.37 798.6 DOWN

GODREJIND 461.35 455.62 449.88 470.67 479.98 464.93 569.72 DOWN

GRANULES 102.4 100.32 98.23 105.87 109.33 103.78 102.71 DOWN

GRASIM 860.8 848.4 836 873.8 886.8 861.4 1034.86 DOWN

GSFC 108.1 105.35 102.6 113.1 118.1 110.35 117.27 DOWN

HAVELLS 651.1 643.95 636.8 658.45 665.8 651.3 573.91 UP

HCLTECH 1036.8 1026.23 1015.67 1053.18 1069.57 1042.62 979.73 UP

HDFC 1795.9 1777.35 1758.8 1826.45 1857 1807.9 1857.02 DOWN

HDFCBANK 1921.05 1904.8 1888.55 1949.65 1978.25 1933.4 1997.89 DOWN

HDIL 21.25 20.92 20.58 21.67 22.08 21.33 31.81 DOWN

HEROMOTOCO 2839.35 2780.8 2722.25 2937.2 3035.05 2878.65 3402.22 DOWN

HEXAWARE 316.5 312.28 308.07 323.68 330.87 319.47 414.38 DOWN

HINDALCO 229.25 225.03 220.82 236.73 244.22 232.52 231.95 DOWN

HINDPETRO 225.05 219.18 213.32 234.88 244.72 229.02 300.47 DOWN

HINDUNILVR 1654.3 1641.68 1629.07 1674.43 1694.57 1661.82 1538.98 UP

HINDZINC 263.3 261.87 260.43 265.72 268.13 264.28 294.82 DOWN

IBREALEST 94.2 92.72 91.23 96.07 97.93 94.58 165.22 DOWN

IBULHSGFIN 865.25 850.25 835.25 880.1 894.95 865.1 1182.44 DOWN

ICICIBANK 352.35 349.83 347.32 356.53 360.72 354.02 306.71 UP

ICICIPRULI 350.05 344.27 338.48 358.92 367.78 353.13 387.92 DOWN

ICIL 62.95 61.6 60.25 64.7 66.45 63.35 82.32 DOWN

IDBI 60.4 59.45 58.5 61.7 63 60.75 62.85 DOWN

IDEA 40.8 40 39.2 42.05 43.3 41.25 61.18 DOWN

IDFC 38.3 37.9 37.5 38.85 39.4 38.45 48.73 DOWN

IDFCBANK 36.15 35.78 35.42 36.53 36.92 36.17 44.23 DOWN

IFCI 14.15 13.92 13.68 14.57 14.98 14.33 18.17 DOWN

IGL 275.4 271.92 268.43 278.57 281.73 275.08 277.4 DOWN

INDIACEM 91.05 88.68 86.32 95.13 99.22 92.77 126.84 DOWN

INDIANB 221.95 217.52 213.08 229.37 236.78 224.93 314.17 DOWN

INDIGO 948.6 930.87 913.13 979.17 1009.73 961.43 1126.55 DOWN

INDUSINDBK 1493 1474.47 1455.93 1515.27 1537.53 1496.73 1805.83 DOWN

INFIBEAM 56.05 51.47 46.88 60.17 64.28 55.58 153.78 DOWN

INFRATEL 258.5 254.37 250.23 265.72 272.93 261.58 304.59 DOWN

INFY 664.2 658.87 653.53 672.97 681.73 667.63 634.57 UP

IOC 135.05 132.33 129.62 139.68 144.32 136.97 165.53 DOWN

IRB 140.4 138.13 135.87 144.03 147.67 141.77 206.82 DOWN

ITC 273.85 272 270.15 276.95 280.05 275.1 279.37 DOWN

JETAIRWAYS 242.25 236.13 230.02 251.68 261.12 245.57 445.78 DOWN

JINDALSTEL 180.6 176.03 171.47 188.88 197.17 184.32 224.3 DOWN

JISLJALEQS 75.4 73.47 71.53 77.07 78.73 75.13 95.71 DOWN

JPASSOCIAT 6.95 6.8 6.65 7.15 7.35 7 14.79 DOWN

JSWENERGY 70.4 68.5 66.6 73.4 76.4 71.5 72.63 DOWN

JSWSTEEL 344.55 340.28 336.02 351.58 358.62 347.32 330.69 UP

JUBLFOOD 1100.95 1081.63 1062.32 1115.63 1130.32 1096.32 1248.78 DOWN

JUSTDIAL 488.05 479.17 470.28 502.67 517.28 493.78 503.91 DOWN

KOTAKBANK 1153.7 1140.58 1127.47 1164.38 1175.07 1151.27 1201.92 DOWN

KPIT 215.45 211.37 207.28 218.77 222.08 214.68 250.51 DOWN

KSCL 501.15 488.2 475.25 522.9 544.65 509.95 536.73 DOWN

KTKBANK 105.5 103.93 102.37 107.78 110.07 106.22 118.24 DOWN

L&TFH 132.85 131.3 129.75 135.5 138.15 133.95 160.04 DOWN

LICHSGFIN 430.55 425.62 420.68 439.47 448.38 434.53 500.35 DOWN

LT 1367.2 1357.97 1348.73 1380.47 1393.73 1371.23 1318.78 UP

LUPIN 859.9 849.73 839.57 873.43 886.97 863.27 839.23 UP

M&M 780.9 770.1 759.3 799.7 818.5 788.9 839.84 DOWN

M&MFIN 430.2 423.47 416.73 440.47 450.73 433.73 459.66 DOWN

MANAPPURAM 85 83.47 81.93 86.42 87.83 84.88 102.28 DOWN

MARICO 339.1 334.97 330.83 346.12 353.13 341.98 329.09 UP

MARUTI 7087.8 6975.7 6863.6 7276.2 7464.6 7164.1 8669.3 DOWN

MCDOWELL-N 633.5 625.2 616.9 641.8 650.1 633.5 624.97 UP

MCX 707.35 702.73 698.12 714.23 721.12 709.62 774.28 DOWN

MGL 858.95 842.4 825.85 870.1 881.25 853.55 893.17 DOWN

MOTHERSUMI 164.05 160.37 156.68 170.57 177.08 166.88 205.17 DOWN

MRF 65203.15 64514.08 63825.02 66438.63 67674.11 65749.56 72226.84 DOWN

MRPL 80.8 79.82 78.83 82.47 84.13 81.48 95.29 DOWN

MUTHOOTFIN 452 446.13 440.27 461.73 471.47 455.87 410.17 UP

NATIONALUM 69.6 68.55 67.5 70.7 71.8 69.65 69.49 UP

NBCC 66.4 65.18 63.97 68.23 70.07 67.02 83.85 DOWN

NCC 82.8 81.78 80.77 84.33 85.87 83.32 104.83 DOWN

NMDC 106.6 104.6 102.6 110 113.4 108 116.53 DOWN

NTPC 152.8 151.72 150.63 154.67 156.53 153.58 164.13 DOWN

OFSS 3533.05 3490.97 3448.88 3575.17 3617.28 3533.08 3975.27 DOWN

OIL 199.05 196.28 193.52 201.28 203.52 198.52 218.12 DOWN

ONGC 156.05 154.8 153.55 157.85 159.65 156.6 173.62 DOWN

ORIENTBANK 80.05 77.02 73.98 85.57 91.08 82.53 84.79 DOWN

PCJEWELLER 90.45 85.9 81.35 95.75 101.05 91.2 194.43 DOWN

PEL 2272.95 2247.63 2222.32 2318.63 2364.32 2293.32 2544.53 DOWN

PETRONET 218.6 215.55 212.5 223.65 228.7 220.6 227.18 DOWN

PFC 100.6 99.15 97.7 103.15 105.7 101.7 87.19 UP

PIDILITIND 1026.85 1011.38 995.92 1045.93 1065.02 1030.47 1025.57 UP

PNB 70.5 69.43 68.37 71.83 73.17 70.77 92.51 DOWN

POWERGRID 185.95 182.5 179.05 191.15 196.35 187.7 194.65 DOWN

PTC 79.5 78.83 78.17 80.38 81.27 79.72 85.67 DOWN

PVR 1387.25 1365.72 1344.18 1423.07 1458.88 1401.53 1326.87 UP

RAMCOCEM 606.35 598.2 590.05 621.5 636.65 613.35 714.33 DOWN

RAYMOND 765.85 751.2 736.55 783.25 800.65 768.6 897.17 DOWN

RBLBANK 546.6 531.57 516.53 560.67 574.73 545.63 528.85 UP

RCOM 13.85 13.53 13.22 14.38 14.92 14.07 18.06 DOWN

RECLTD 122.45 120.43 118.42 125.78 129.12 123.77 119.42 UP

RELCAPITAL 258.2 254.47 250.73 262.92 267.63 259.18 399.44 DOWN

RELIANCE 1080 1070.1 1060.2 1094.35 1108.7 1084.45 1034.91 UP

RELINFRA 349.85 345.9 341.95 356.05 362.25 352.1 414.55 DOWN

REPCOHOME 410.7 396.63 382.57 421.88 433.07 407.82 548.01 DOWN

SAIL 65.7 65.05 64.4 66.7 67.7 66.05 76.85 DOWN

SBIN 277.95 275.3 272.65 282.15 286.35 279.5 271.46 UP

SHREECEM 15396.35 15184.2 14972.05 15684.25 15972.15 15472.1 16619.96 DOWN

SIEMENS 911.85 890.6 869.35 946.3 980.75 925.05 1046.08 DOWN

SOUTHBANK 15.1 14.87 14.63 15.52 15.93 15.28 21.86 DOWN

SREINFRA 37.15 35.58 34.02 39.53 41.92 37.97 65.34 DOWN

SRF 2032.5 1995.93 1959.37 2092.53 2152.57 2055.97 1898.82 UP

SRTRANSFIN 1216.7 1202.25 1187.8 1241.45 1266.2 1227 1345.32 DOWN

STAR 462.6 453.83 445.07 476.88 491.17 468.12 520.79 DOWN

SUNPHARMA 589.5 584 578.5 598 606.5 592.5 558.03 UP

SUNTV 618.05 611.22 604.38 628.77 639.48 621.93 824.95 DOWN

SUZLON 6.05 5.95 5.85 6.2 6.35 6.1 9.14 DOWN

SYNDIBANK 34.65 34.13 33.62 35.53 36.42 35.02 47.91 DOWN

TATACHEM 698.8 690.37 681.93 707.12 715.43 698.68 708.73 DOWN

TATACOMM 515.1 506.98 498.87 522.18 529.27 514.07 583.03 DOWN

TATAELXSI 996.25 980.6 964.95 1023.3 1050.35 1007.65 1184.6 DOWN

TATAGLOBAL 214.7 210.93 207.17 217.73 220.77 213.97 256.54 DOWN

TATAMOTORS 186.05 182.68 179.32 191.93 197.82 188.57 293.56 DOWN

TATAMTRDVR 101.05 99.38 97.72 104.03 107.02 102.37 165.38 DOWN

TATAPOWER 74.55 73.67 72.78 75.92 77.28 75.03 77.75 DOWN

TATASTEEL 582.85 573.43 564.02 590.98 599.12 581.57 595.4 DOWN

TCS 1914.85 1900.2 1885.55 1937.8 1960.75 1923.15 1787.79 UP

TECHM 724.55 701.32 678.08 739.57 754.58 716.33 669.38 UP

TITAN 894.75 858.13 821.52 916.43 938.12 879.82 875.23 UP

TV18BRDCST 37.4 36.9 36.4 38.25 39.1 37.75 52.4 DOWN

TVSMOTOR 540.5 533.17 525.83 553.67 566.83 546.33 595.71 DOWN

UBL 1276.65 1257.73 1238.82 1291.38 1306.12 1272.47 1165.44 UP

UJJIVAN 207.9 205.1 202.3 212.6 217.3 209.8 350.47 DOWN

ULTRACEMCO 3726.85 3662.82 3598.78 3840.37 3953.88 3776.33 3986.29 DOWN

UNIONBANK 78.55 76.83 75.12 81.18 83.82 79.47 90.85 DOWN

UPL 733.2 725.1 717 746.5 759.8 738.4 687.68 UP

VGUARD 191.95 190 188.05 195.45 198.95 193.5 213.02 DOWN

VOLTAS 535.45 530.37 525.28 543.37 551.28 538.28 577.06 DOWN

WIPRO 323.35 321.27 319.18 325.97 328.58 323.88 290.95 UP

WOCKPHARMA 567.85 537.08 506.32 588.53 609.22 557.77 674.9 DOWN

YESBANK 223.05 219.15 215.25 228.9 234.75 225 319.05 DOWN

ZEEL 437.8 431.93 426.07 446.78 455.77 440.92 534.73 DOWN

Page 12: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

Enjoy Your Comfort Zone.

Invest Smart. Build Wealth.

Comfort ‘Forecast and Analysis’

Forecast and Analysis 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.

Forecast and Analysis

Page 13: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

Instrument TRADING STRATEGYLTP S1 S2 R1 R2 Bias

www.comfortsecurities.co.in

MCX GOLD

MCX SILVER

MCX CRUDE OIL

MCX COPPER

MCX NATURAL GAS

USD-INR

Forecast and Analysis …Direction at a glance

Enjoy Your Comfort Zone.

Invest Smart. Build Wealth.

Gold price traded sideways in yesterday's trade. Key medium term suppport seen at 30201 mark. Interweek strategy: Establish short positions between 31251-31450 zone, targeting 30201 mark and then aggressive targets at 30000 with stop at 31901.

Silver prices traded with slight negative bias in yesterday's trade. Interweek strategy: Establish short positions only on strength between 37101-37251 zone, targeting 36001 mark and then aggressive targets at 35221-35551 zone with stop at 37749.

Crude-oil prices traded higher in yesterday's trade amidst oversold conditions. Confirmation of strength only above 4601. Interweek strategy: Establish long positions at CMP, targeting 4823 and then 5001 zone with stop at 4111.

Copper prices were seen trading subdued in Monday's trade. Interweek strategy: Establish short positions between 437-441 zone, targeting 425 mark and then at 411-415 zone. Stop above 453.

Natural Gas prices traded firm in Monday's trade. Interweek strategy: Establish long positions between 257-561 zone, targeting 277 and then aggressive targets at 285-289 zone with stop at 245.

Key support for th Indian Rupee now at 71.75. Intermonth strategy: Buy between 72-72.25 zone, targeting 75 and then aggressive targets at 77 with strict stop below 71.45.

31014 30201 30000 31457 31901 Neutral

36748 36000 35221 37749 38381 Neutral

4447 4201 3859 4601 4823 Neutral

433 425 411 453 461 Neutral

276.00 257.00 245.00 277.00 289.00 Neutral

72.88 71.75 70.00 75.00 77.00 Positive

USD/INR: Supports seen at 71.75. Establish long positions on any corrective declines.

Page 14: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

Instrument TRADING STRATEGYLTP S1 S2 R1 R2

www.comfortsecurities.co.in

GOLD $

SILVER ($)

WTI CRUDE OIL ($ )

EUR/USD

Forecast and Analysis …Sailing global trend

Bias

DOW JONES

US Dollar Index

Enjoy Your Comfort Zone.

Invest Smart. Build Wealth.

Wall Street sinks. Rising U.S Dollar a big threat. Hurdles for Dow seen at 27200

Gold prices were seen trading with negative bias in Monday's trade. Hurdles now seen at 1245. Confirmation of major strength only above 1245. Interweek Strategy: Sell between 1217-1225 zone, targeting 1189 and then at 1177-1183 zone with stop above 1247.

Silver prices too were trading with negative bias tracking sluggishness in yellow metal. Hurdles now seen at 15.05. Confirmation of major strength only above 15.45. Interweek Strategy: Sell between 14.45-15.65 zone, targeting 13.75 zone and then at 13.05 with stop above 15.11.

Crude-oil prices were seen trading with slight positive bias in yesterday's trade. Confirmation of strength only above 63.50. Inerweek strategy: Establish long positions at CMP, targeting 63.50 zone and then 65-67.50 zone with stop at 57.05.

We have a negative bias on EUR/USD. Major weakness seen only below 1.1201. Selling on strength should be preferred strategy.

We have positive bias for US Dollar Index. Hurdles at 99. Aggressive upside targets seen at 101. Downside well supported at 95. Major weakness now only below 92.50.

Wall Street ended lower on Monday, amidst a firming U.S. dollar and a weakening Chinese economy helping affirm the bearish narrative of slower global growth amidst a rising interest rates scenario. Dow faces major hurdles at 27200.

1205 1189 1177 1225 1245 Neutral

14.13 13.75 13.05 15.05 16.09 Neutral

59.87 57.5 55 63.5 67.5 Neutral

1.1253 1.1201 1.1100 1.1505 1.1777 Negative

97.44 95.00 92.50 99.00 101.00 Positive

25586 24445 23751 27200 27775 Negative

Page 15: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

www.comfortsecurities.co.in

DAILY PIVOT TABLE

Enjoy Your Comfort Zone.

Invest Smart. Build Wealth.

CommodityExchange Close S1 S2 R1 R2200 Day

SMA Reversal

Point Trend

MCX ALUMINUM

MCX CARDAMOM

NCDEX CASTOR

NCDEX CHANA

MCX COPPER

MCX COTTON

MCX CRUDE-OIL

MCX GOLD

NCDEX GAUR GUM

NCDEX GAUR SEED

NCDEX JEERA

MCX LEAD

MCX MENTHA OIL

MCX NATURAL GAS

MCX NICKLE

NCDEX RM SEED

MCX SILVER

NCDEX SUGAR

NCDEX SOYA BEAN

MCX ZINC

144.55 143.33 142.12 145.83 147.12 146.02 137.15 DOWN

1430 1430 1430 1430 1430 1133.49 1394 UP

5840 5813.33 5786.67 5879.33 5918.67 4386.6 5694 UP

4384 4350 4316 4434 4484 3837.06 4198 UP

439.05 434.97 430.88 441.82 444.58 445.34 438.57 UP

22410 22343.33 22276.67 22453.33 22496.67 21748 22640 UP

4431 4384.67 4338.33 4496.67 4562.33 4623.79 4730.5 UP

31406 31245 31084 31534 31662 30694.64 32299 DOWN

9936 9895 9854 9982 10028 8983.66 9845 DOWN

4588 4572 4556 4607 4626 4182.94 4522 UP

20525 20485 20445 20560 20595 17454.5 20330 UP

144.75 142.07 139.38 146.37 147.98 154.49 128.15 UP

1761.7 1749.77 1737.83 1777.67 1793.63 1477.97 1724.7 UP

257 254.13 251.27 258.83 260.67 197.65 247 UP

854.6 846.07 837.53 859.87 865.13 928.42 884.2 UP

4099 4092.67 4086.33 4103.67 4108.33 4047.99 4124 DOWN

37613 37270.34 36927.67 38064.34 38515.67 38713.18 38634 DOWN

3050 3050 3050 3050 3050 3614.83 3015 DOWN

3373 3358.33 3343.67 3391.33 3409.67 3518.66 3283.5 UP

185.35 182 178.65 187.4 189.45 199.45 186.67 UP

Tuesday13th November, 2018

Page 16: Comfort Securities Limited Daily Research Reports...This Monday morning, SGX Nifty is indicating a negative start for our stock markets. After a sluggish open, we suspect stock specific

Comfort Securities Ltd.

DISCLAIMER: This is solely for information of clients of Comfort 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 Comfort 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 Comfort 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 Comfort Securities Ltd. in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Comfort Securities Ltd. has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Comfort 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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