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Welcome NoteTuesday

11th June, 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 11th June 2019.

Outlook for Tuesday: Positive start. Trade

selectively.

In early action, SGX Nifty is seen trading slightly above the dotted lines

despite U.S President Donald Trump warning Chinese President Xi Jinping.

Trump says additional tariffs on Chinese goods will be levied if Xi Jinping

does not attend this month’s G-20 meeting. Trump is supposed to meet

with Xi at the G-20 summit, which is scheduled for June 28-29 in Osaka,

Japan. The leaders of 19 nations and the European Union are expected to

attend.

Interestingly at the time of writing, Asia too is unfazed by these Trump-Xi

developments as most of the indices are trading in green. Overnight at

Wall Street, Dow Jones ended in green for 6th consecutive session on

hopes of rate cut by the US Federal Reserve on backdrop of a weaker-

than-expected jobs report.

• Digging deeper, the U.S. economy created 75,000 new jobs in May,

well below 185,000 predicted by economists. Weakening economic

data support argument for a cut in interest rates as soon as this

summer.

Well this suggests that the ongoing bull market at Wall Street is entering a

phase where bad economic news is treated as good news. All anxious eyes

from here on will be on the June 18-19 Federal Reserve meeting where the

street is placing a 25.8% chance of a rate cut.

Long story short: Expect global stock markets to trade with positive bias

in near term.

That brings to our call of the day which suggests Nifty will aim to reclaim

psychological 12,000 mark. Technically, Nifty's make-or-break support at

11727.

If yesterday's trading action at Dalal Street is any indication then on the

surface, all seems well, but beneath things look bit turbulent. We say so

because the market breadth indicating the health of the market continues

to be weak.

That brings us to the key themes which are likely to command investors

attention:

11923 0.44%

31034 -0.10%

8217 0.30%

30361 1.30%

3339 0.67%

16362 1.57%

2095 -1.69%

4923 0.04%

2912 0.18%

8247 0.82%

280 0.30%

6398 -0.52%

39785 0.43%

11942 0.11%

Positive start

Neutral (11889-12001)

Neutral (11251-12251)

Positive (13001)

11807 & 11651

12115 & 12251

11471



Technical Strategy1.Monsoon knocks at Mumbai's door with showers. Meanwhile, India’s

monsoon officially arrived South Kerala’s coast on Saturday.

Monsoons are the lifeblood of India’s $2.5 trillion economy and

accounts for 70% of the country’s rainfall.

2.The red flags of recessionary warnings are flagging in all directions.

India's economic growth too has slowed sharply to a five-year low of

5.8% in the three months to 31 March.

3.The street are still widespread apprehensions that a collapse or

bankruptcy in any one large NBFC can lead to systemic contagion

due to the financial sector’s vicious circle.

Please note at this moment, NBFC's are battling liquidity and debt

repayment pressures, primarily due to a skewed asset-liability profile.

Investors will spy with one big eye if the crisis would push up financing

costs and made it harder for NBFCs to access the bond market

The street will anxiously spy with one big eye on the newly elected

Narendra Modi government on how they spur the sluggish Indian

economy to grow at a much faster pace. Investors are concerned over

growth as challenges regarding liquidity continue to linger.

So, commanding attention would be the CPI numbers and IIP numbers —

rolling out on 12th June 2019. Trade Balance & WPI Data expected on

14th June 2019.

Bottom-line: The gyan mantra for the day is to remain highly selective.

STOCKS TO WATCH:

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

like UPL, JUBILANT FOODS and ICICI BANK with inter-week

perspective.

• BULLISH STOCKS: JUBILANT FOODS, AIA ENGINEERING,

NAUKRI, HUL, BAJAJ HOLDINGS, AMRUTANJAN, RITES, GUJRAT

FLUROCARBON.

• BEARISH STOCKS: DR REDDYS LAB, RELIANCE CAPITAL,

RELIANCE INFRA, TATA MOTORS, MARUTI, PNB, JSW STEEL,

INFRATEL, HINDALCO, VEDANTA.

• SHOW ME THE MONEY: Option Trade: BUY NIFTY 13th JUNE CE

Strike Price 12000 at CMP 22.85. Profit: Unilimted. Maximum Loss:

Rs. 1,713.75/-. Stop: Exit Call option if Nifty moves below 11851.

(Nifty June Futures CMP 11933.80).

REC enjoyed a strong sessions in last

week's trade, up 4.95%.

Technically, brace yourselves for a major

breakout play from a complex ‘higher

high/low pattern’ on the daily and weekly

charts. An impulse uptrend is seen

forming on the daily time scale, with

positive SAR series, major confirmation

above its intermediate high at 160 mark

(29th March 2019).

Add to that a bullish divergence and a

rising stochastic signal (on weekly charts)

with recent increase in volumes signaling

a larger rebound. The 200 days Simple

Moving Average (SMA) of the stock on the

daily chart is currently at 125 zone. The

level of Rs 125-1311 zone will act as a

strong support zone and any corrective

declines to these levels should be used as

an opportunity to initiate aggressive long

positions.

Establish long positions between 147-150

zone. Targets 162.50/175. Stop 143.

REC

Action

Target

Support

Resistance

Holding Period

152.55

BUY

162.5

145/133

162.50/173

21 Days



• Stocks banned in F&O segment for today: DHFL, IDBI, PC JEWELLER, RELIANCE CAPITAL.

• TCS overtakes RIL to become most valued firm by market cap. At close of trade, the market cap of TCS was at

` 8,37,194.55 crore, which was ₹1,170.47 crore more than that of RIL.

• Maruti Suzuki India cuts vehicle production by 18% in May 2019. Technically, downside risk for the stock at 6317.

• Dewan Housing Finance Corporation (DHFL) is confident of honouring its repayment obligations by the close of the

seventh working day (June 13). Of the Rs 961.95 crore due on Tuesday (June 11) towards non-convertible

debentures, the company has already paid Rs 276.05 crore of its obligations in interest and principal

FII/DII & OPTIONS DATA:

• As per Monday’s Provisional Data available on the NSE, FII’s bought shares worth Rs. 216.20 crores in the Indian

Equity Market. DIIs too bought shares worth Rs. 170.62 crores in the Indian Equity market.

• As per option data, key resistance level for the June series for Nifty are at 12,500 strike price as maximum call open

interest of 27.10 lakh contract were seen at the 12,500 strike price followed 12,000 strikes. Key support level for

the June series is at 11,500 as Maximum Put open interest of 28.92 lakh contracts were seen at the 11,500 strike

price.

GLOBAL CUES:

• Wall Street stages powerful rally in last SIX trading sessions on rising hopes of Fed rate cut. Also helping sentiments

are the U.S.-Mexico trade tensions that are seen receding. Hurdles for Dow Jones now at 26100 on closing

basis and then major hurdles at 27251.

ECONOMIC CUES:

1.The GST collection which is more than ₹1 lakh crore plus in May. This is third consecutive month of ₹1 lakh crore

plus mobilization.

2.Political winds are in Dalal Street's favor.

3.All hopeful and anxious eyes will be on the new Finance Minister Nirmala Sitharaman who will present her first

Union Budget on 5 July, 2019. The budget will seek to address some of the challenges confronting the economy,

especially the rural distress and the need for generating quality jobs.

Digging deeper, growth has slipped to a five-quarter low of 6.6% at the end of 2018 and the street suspects that

growth may worsen due to falling rural consumption demand which are clearly visible in automobile, FMCG and aviation.

And then, there are other issues like unemployment, liquidity crisis and fiscal position.



So, the first 100-days of government action will be closely watched. The street will purely look forward to infrastructure

spending. The blueprint of pushing difficult and big-ticket reforms will be keenly watched. The other key catalysts in

near term would be:

Buy on dips should be the preferred strategy.

• Preferred trade on Nifty (11923): Buy between 11871-11889 zone. Targets 12001/12151-12251 zone. Stop

11721.

• Preferred trade on Bank Nifty (30857): Buy above 31211 zone. Targets 31751/32201. Stop 30411.

Daily chart of Nifty:

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

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 !


Momentum oscillators continue to be in buy mode for DLF. Key hurdle now seen at 203. Interweek strategy: Establish buy positions between 185-189 zone, targeting 203 and then aggressive targets at 209-211 zone with stop at 183.

Jubilant Foods enjoyed a strong session in yesterday's trade, up 2.90%. Positive interweek bias as long as 1297 support is held. Interweek Strategy: Buy between 1333-1345 zone, targeting 1375/1411. Stop 1311.

PVR is signalling a breakout from a probable Flag Pattern on the weekly charts. Key hurdle now seen at 1807. Interweek strategy: Establish buy positions between 1745-1761 zone, targeting 1807 and then aggressive targets at 1829-1851 zone with stop at 1711.

The sequence of higher high/low is intact on daily/weekly/monthly charts. Key support at 397. Interweek Strategy: Buy at CMP, targeting 431/445. Stop 405.

UPL is aiming to move well above its all-time-high at 1045. Momentum oscillators signaling major strength. Interweek Strategy: Buy between 1005-1013 zone. Targets 1045/1101. Stop 987.

Jubilant Foods: The interweek risk is on upside as long as 1297 support is held.

DLF

JUBILANT FOODS

PVR

ICICI BANK

UPL

189.25 185 175 203 211 Positive

1352 1317 1297 1375 1411 Positive

1764 1735 1711 1807 1829 Positive

416 408 397 431 445 Positive

1016 997 987 1045 1101 Positive

Derivatives Strategies

Nifty Spot

VIX

Premium

Nifty Future OI

Cash Volumes (INR in Cr.)

YesterdayDay Before Yesterday

Derivatives Vol.(INR in Cr.)

No of contracts

Turnover (Rs. In cr.)

BSE Cash Vol. (Rs. in Cr)

NSE Cash Vol.(Rs. in Cr)

NSE Derivative Vol. (Rs. in Cr)

Index Future Volumes

Stock Future Volumes

Index Option Volumes

Stock Option Volumes

Total


EQUITY DERIVATIVESLooking into the future from present.

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

Major Changes in Nifty Options (OI)

Bank Nifty Spot

Bank Nifty OIFuture

Future Call: BUY L&T JUNE FUTURES at CMP 1539.15. Targets at

1571 and then at 1601. Stop: 1503. Holding Period: Intraday.

Analyst’s Remark: Rebound Play (L&T June Futures CMP 1539.15).

Option Call: BUY NIFTY 13th JUNE CE Strike Price 12000 at CMP

22.85. Profit: Unilimted. Maximum Loss: Rs. 1,713.75/-. Stop: Exit

Call option if Nifty moves below 11851. (Nifty June Futures CMP

11933.80).

11922.70 (+0.44%)

31034.00 (-0.10%)

14.9750 (-0.79%)

+11 vs +17

1.84 crores (-0.38%)

20.20 lakhs (-0.38%)

2079.77 3374.02

26822.23 30407.28

948238 943058.86

261114 19364

710698 38328

12146883 858420

560855 32127

13679550 948238

Calls in lakhs (% Change)

11800 5.04 (-26%)

11850 2.27 (-47%)

12000 22.91 (+16%)

Puts in lakhs (% Change)

11750 5.97 (+100%)

11850 6.79 (+95%)

11900 13.83 (+78%)

Tuesday11th June, 2019

Market Summary:

• Nifty June Futures ended Monday's session at a premium of +11

vs premium of +17.

• The 13th June expiry Put- Call Open Interest Ratio was at 0.81 for

Nifty whereas it was 0.67 for Bank Nifty.

• The 13th June expiry Put-Call Volume Ratio was at 0.94 for the

Nifty and 1.04 for Bank Nifty.

• For Nifty, Maximum Call Open Interest (OI) stands at 12100 Strike

Price, followed by 12200 Strike Price for 13th June Series. Short

covering was seen at strikes price 11700-11800.

• Maximum Put Open Interest (OI) was seen at strike price 11800

followed by 11900 strike price for 13th June series. Short buildup

was seen at strike prices 11700-12000.

• For Bank Nifty, Maximum Call Open Interest (OI) stands at 31500

Strike Price and Maximum Put Open Interest stands at 30500

Strike Price.

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

bought shares worth Rs. 216.20 crores in the Indian Equity

Market. DIIs too bought shares worth Rs. 170.62 crores in the

Indian Equity market.

• Long Buildup: TATASTEEL, BATAINDIA, INFY, L&T, HEXAWARE.

• Short Buildup: TATA MOTORS, GAIL, ICICIPRU, JAIN

IRRIGATION.

• Short Covering: DHFL, HINDALCO, AXIS BANK, UBL.

• Long Unwinding: YES BANK, KOTAKBANK, JUSTDIAL, INDIANB.

• Stocks banned in F&O segment for today: DHFL, IDBI, PC

JEWELLER, RELCAP.

• New In Ban: RELCAP.

• 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 Tuesday11th June, 2019

NIFTY 11922.7 11871.28 11819.87 11974.58 12026.47 11923.17 11082.79 UP

BANKNIFTY 31034 30807.73 30581.47 31313.83 31593.67 31087.57 27639.31 UP

NIFTYMID50 4922.65 4893.48 4864.32 4958.58 4994.52 4929.42 4826.41 UP

UP

ACC 1589.4 1577.32 1565.23 1608.17 1626.93 1596.08 1523.26 UP

ADANIENT 149.95 146.13 142.32 154.63 159.32 150.82 147.44 UP

ADANIPORTS 425.75 421.07 416.38 429.97 434.18 425.28 363.85 UP

AJANTPHARM 1019.65 1004.23 988.82 1032.53 1045.42 1017.12 1075.78 DOWN

ALBK 40.55 39.47 38.38 41.97 43.38 40.88 44.71 DOWN

AMARAJABAT 632.55 623.47 614.38 638.07 643.58 628.98 734.05 DOWN

ANDHRABANK 23.95 23.6 23.25 24.45 24.95 24.1 27.69 DOWN

APOLLOTYRE 194.2 191.67 189.13 195.87 197.53 193.33 218.74 DOWN

ARVIND 72.45 71.27 70.08 73.42 74.38 72.23 178.24 DOWN

ASHOKLEY 90.7 89.43 88.17 91.78 92.87 90.52 101.4 DOWN

ASIANPAINT 1422.6 1413.4 1404.2 1436.9 1451.2 1427.7 1365.24 UP

AUROPHARMA 627.15 619.23 611.32 632.28 637.42 624.37 748.06 DOWN

AXISBANK 814.15 808.78 803.42 818.13 822.12 812.77 675.03 UP

BAJAJ-AUTO 2989.8 2969.27 2948.73 3004.67 3019.53 2984.13 2797.63 UP

BAJAJFINSV 8304.45 8234.1 8163.75 8367.4 8430.35 8297.05 6565.15 UP

BAJFINANCE 3519.6 3497.82 3476.03 3549.57 3579.53 3527.78 2696.92 UP

BALKRISIND 792.6 777.73 762.87 801.73 810.87 786.87 961.14 DOWN

BALRAMCHIN 155 151.55 148.1 157.2 159.4 153.75 112.85 UP

BANKBARODA 117.95 115.3 112.65 122.6 127.25 119.95 117.81 UP

BANKINDIA 87.35 85.33 83.32 90.58 93.82 88.57 90.73 DOWN

BATAINDIA 1420.75 1388.68 1356.62 1438.88 1457.02 1406.82 1165.46 UP

BEL 107.7 106.2 104.7 109.35 111 107.85 91.14 UP

BEML 951.45 937.33 923.22 972.23 993.02 958.12 817.25 UP

BERGEPAINT 327.9 325.08 322.27 330.18 332.47 327.37 311.58 UP

BHARATFIN 978.15 965.45 952.75 993.5 1008.85 980.8 1009.07 DOWN

BHARATFORG 461.1 457.6 454.1 466.1 471.1 462.6 533.27 DOWN

BHARTIARTL 363.45 356.52 349.58 367.52 371.58 360.58 302.48 UP

BHEL 68.2 67.48 66.77 69.28 70.37 68.57 69.82 DOWN

BIOCON 530.35 525.67 520.98 534.37 538.38 529.68 616.85 DOWN

BPCL 389.65 383.38 377.12 398.83 408.02 392.57 348.83 UP

BRITANNIA 2994.3 2934.33 2874.37 3029.63 3064.97 2969.67 4050.7 DOWN

BSOFT 90.45 87.72 84.98 92.67 94.88 89.93 173.6 DOWN

CANBK 258.3 253.22 248.13 265.87 273.43 260.78 257.16 UP

CANFINHOME 349.8 345.32 340.83 356.67 363.53 352.18 291.4 UP

CASTROLIND 144.6 142.38 140.17 146.03 147.47 143.82 153.07 DOWN

CEATLTD 961.5 951.83 942.17 977.53 993.57 967.87 1172.08 DOWN

CENTURYTEX 989.55 979.27 968.98 1004.52 1019.48 994.23 882.32 UP

CESC 765.5 758.07 750.63 775.97 786.43 768.53 755.02 UP

CGPOWER 32.35 31.23 30.12 33.48 34.62 32.37 41.18 DOWN

CHENNPETRO 214.25 211.82 209.38 217.07 219.88 214.63 260.07 DOWN

CHOLAFIN 1466.5 1446.67 1426.83 1490.67 1514.83 1470.83 1303.92 UP

CIPLA 554.55 548.83 543.12 561.43 568.32 555.72 564.47 DOWN

COALINDIA 259.3 255.33 251.37 265.63 271.97 261.67 250.97 UP

COLPAL 1154.15 1148.1 1142.05 1162.35 1170.55 1156.3 1202.48 DOWN

CONCOR 533.75 527.93 522.12 537.98 542.22 532.17 587.19 DOWN

CUMMINSIND 773.7 764.82 755.93 782.97 792.23 774.08 752.13 UP

DABUR 409.3 406.02 402.73 413.47 417.63 410.18 419.3 DOWN

DCBBANK 238.15 235.53 232.92 241.38 244.62 238.77 180.77 UP

DHFL 89.55 85.87 82.18 92.37 95.18 88.68 240.73 DOWN

DISHTV 26.8 24.72 22.63 28.52 30.23 26.43 41.85 DOWN

DIVISLAB 1561.05 1551.73 1542.42 1574.68 1588.32 1565.37 1514.49 UP

DLF 189.25 185.53 181.82 193.03 196.82 189.32 179.21 UP

DRREDDY 2629.25 2586.67 2544.08 2654.82 2680.38 2612.23 2622.7 UP

EICHERMOT 20131.45 19997.42 19863.38 20293.12 20454.78 20159.08 22503.03 DOWN

ENGINERSIN 116.7 115.28 113.87 118.88 121.07 117.47 117.15 DOWN

EQUITAS 138.2 136.8 135.4 140 141.8 138.6 125.96 UP

ESCORTS 581.35 574.03 566.72 592.63 603.92 585.32 696.72 DOWN

EXIDEIND 210 207.45 204.9 212.3 214.6 209.75 241.85 DOWN

FEDERALBNK 105.4 104.2 103 107 108.6 105.8 87.52 UP

FORTIS 127.25 123.02 118.78 130.47 133.68 126.23 137.84 DOWN

GAIL 307.25 302.47 297.68 316.02 324.78 311.23 349.67 DOWN

GLENMARK 533.3 527.52 521.73 537.57 541.83 531.78 630.6 DOWN

GMRINFRA 14.75 14.58 14.42 14.93 15.12 14.77 16.71 DOWN

GODREJCP 691.9 686.7 681.5 701.4 710.9 696.2 744.41 DOWN

GODREJIND 479.5 475.27 471.03 486.07 492.63 481.83 519.73 DOWN

GRANULES 107.15 106.12 105.08 108.07 108.98 107.03 101.22 UP

GRASIM 880.95 869.05 857.15 888.65 896.35 876.75 864.81 UP

GSFC 101.45 99.9 98.35 104.15 106.85 102.6 103.4 DOWN

HAVELLS 792.05 787.37 782.68 797.07 802.08 792.38 697.5 UP

HCC 12.85 12.68 12.52 13.13 13.42 12.97 12.99 DOWN

HCLTECH 1091.2 1081.13 1071.07 1101.53 1111.87 1091.47 1036.63 UP

HDFC 2194.05 2171.4 2148.75 2220.75 2247.45 2198.1 1925.25 UP

HDFCBANK 2440.2 2424.88 2409.57 2462.73 2485.27 2447.42 2134.71 UP

HDIL 19.5 19.02 18.53 20.07 20.63 19.58 24.24 DOWN

HEROMOTOCO 2745 2710.13 2675.27 2786.93 2828.87 2752.07 2866.63 DOWN

HEXAWARE 354.4 348.03 341.67 358.63 362.87 352.27 359.9 DOWN

HINDALCO 198.25 195.97 193.68 199.57 200.88 197.28 214.99 DOWN

HINDPETRO 305.6 299.57 293.53 311.37 317.13 305.33 249.9 UP

HINDUNILVR 1852.5 1836.68 1820.87 1866.63 1880.77 1850.82 1719.09 UP

HINDZINC 241.8 238.53 235.27 244.03 246.27 240.77 272.04 DOWN

IBREALEST 126.65 123.38 120.12 129.73 132.82 126.47 97.45 UP

IBULHSGFIN 733.35 719.57 705.78 751.07 768.78 737.28 829.25 DOWN

ICICIBANK 416.1 411.82 407.53 421.57 427.03 417.28 361.97 UP

ICICIPRULI 379 372.87 366.73 387.57 396.13 381.43 341.04 UP

ICIL 36.45 35.1 33.75 37.9 39.35 36.55 54.92 DOWN

IDBI 36.45 35.75 35.05 37.5 38.55 36.8 51.91 DOWN

IDEA 12.8 12.45 12.1 13.35 13.9 13 32.32 DOWN

IDFC 36 35.32 34.63 36.77 37.53 36.08 41.45 DOWN

IDFCFIRSTB 42.2 41.72 41.23 42.97 43.73 42.48 44.06 DOWN

IFCI 8.95 8.7 8.45 9.2 9.45 8.95 13.3 DOWN

IGL 340.45 337.03 333.62 343.33 346.22 339.92 282.07 UP

INDIACEM 97.5 95.05 92.6 100 102.5 97.55 98.08 DOWN

INDIANB 263.05 259.02 254.98 269.72 276.38 265.68 253.87 UP

INDIGO 1657.5 1647.33 1637.17 1670.33 1683.17 1660.17 1163.06 UP

INDUSINDBK 1551.65 1530.17 1508.68 1579.12 1606.58 1557.63 1617.27 DOWN

INFIBEAM 44.95 43.65 42.35 47.35 49.75 46.05 70.72 DOWN

INFRATEL 281.95 278.47 274.98 286.97 291.98 283.48 280.75 UP

INFY 753.5 744.37 735.23 758.37 763.23 749.23 710.75 UP

IOC 160.65 158.7 156.75 163.05 165.45 161.1 145.57 UP

IRB 115.65 113.32 110.98 118.67 121.68 116.33 144.35 DOWN

ITC 279.4 277.35 275.3 281 282.6 278.95 289.42 DOWN

JETAIRWAYS 124.8 116 107.2 131.7 138.6 122.9 233.85 DOWN

JINDALSTEL 156.4 153.32 150.23 160.52 164.63 157.43 170.77 DOWN

JISLJALEQS 37.3 34.97 32.63 41.47 45.63 39.13 64.13 DOWN

JPASSOCIAT 4.2 4.08 3.97 4.38 4.57 4.27 6.87 DOWN

JSWENERGY 70.45 69.67 68.88 71.22 71.98 70.43 68.15 UP

JSWSTEEL 266.85 263.5 260.15 269.05 271.25 265.7 314.29 DOWN

JUBLFOOD 1352.5 1328.9 1305.3 1367.2 1381.9 1343.6 1294.94 UP

JUSTDIAL 744.2 727.52 710.83 758.27 772.33 741.58 536.44 UP

KOTAKBANK 1502.6 1489.17 1475.73 1513.47 1524.33 1500.03 1270.22 UP

KSCL 525.65 512.77 499.88 548.92 572.18 536.03 522.2 UP

KTKBANK 107.75 105.27 102.78 109.77 111.78 107.28 114.48 DOWN

L&TFH 124.1 122.57 121.03 126.37 128.63 124.83 140.09 DOWN

LICHSGFIN 550.8 543.07 535.33 561.07 571.33 553.33 480.6 UP

LT 1532.1 1521.6 1511.1 1542.3 1552.5 1531.8 1352.52 UP

LUPIN 727.55 721.4 715.25 734.1 740.65 727.95 835.77 DOWN

M&M 646.95 640.3 633.65 651.5 656.05 644.85 741.3 DOWN

M&MFIN 417.6 411.4 405.2 422.3 427 416.1 423.02 DOWN

MANAPPURAM 138.1 134.37 130.63 140.52 142.93 136.78 100.97 UP

MARICO 377.4 374.63 371.87 379.98 382.57 377.22 352.84 UP

MARUTI 6969.95 6913.53 6857.12 7034.83 7099.72 6978.42 7332.89 DOWN

MCDOWELL-N 563.65 554.13 544.62 570.03 576.42 560.52 572.64 DOWN

MCX 804.45 797.15 789.85 812.85 821.25 805.55 755.76 UP

MGL 886.8 862.2 837.6 900.95 915.1 876.35 888.65 DOWN

MOTHERSUMI 119.05 116.27 113.48 120.92 122.78 118.13 160.06 DOWN

MRF 55594.55 55129.7 54664.85 56029.7 56464.85 55564.85 62372.73 DOWN

MRPL 59.45 58.12 56.78 60.87 62.28 59.53 72.3 DOWN

MUTHOOTFIN 641.7 623.47 605.23 652.47 663.23 634.23 507.63 UP

NATIONALUM 49.2 48.5 47.8 49.75 50.3 49.05 60.58 DOWN

NBCC 58.65 57.32 55.98 60.97 63.28 59.63 59.51 DOWN

NCC 96.65 95.18 93.72 98.68 100.72 97.22 90.45 UP

NMDC 104.25 102.93 101.62 105.68 107.12 104.37 102.37 UP

NTPC 135 133.87 132.73 136.62 138.23 135.48 146.93 DOWN

OFSS 3304.35 3282.83 3261.32 3322.93 3341.52 3301.42 3654.26 DOWN

OIL 180.35 178.75 177.15 182.2 184.05 180.6 186.86 DOWN

ONGC 164.65 162.23 159.82 168.03 171.42 165.62 157.01 UP

ORIENTBANK 90.8 88.9 87 93.55 96.3 91.65 88.73 UP

PCJEWELLER 55.7 52.63 49.57 60.13 64.57 57.07 82.05 DOWN

PEL 2125.45 2096.28 2067.12 2152.53 2179.62 2123.37 2384.98 DOWN

PETRONET 238.5 236.73 234.97 240.58 242.67 238.82 227.2 UP

PFC 131.75 129.6 127.45 134.95 138.15 132.8 101.36 UP

PIDILITIND 1283.45 1266.03 1248.62 1296.33 1309.22 1278.92 1135.66 UP

PNB 77.35 75.8 74.25 79.8 82.25 78.25 78.49 DOWN

POWERGRID 194.3 192.48 190.67 196.03 197.77 194.22 190.1 UP

PTC 68.95 68.2 67.45 70.05 71.15 69.3 78.14 DOWN

PVR 1764 1741.43 1718.87 1781.78 1799.57 1759.22 1521.15 UP

RAMCOCEM 801 788.17 775.33 809.42 817.83 796.58 667.34 UP

RAYMOND 813.7 805.33 796.97 825.48 837.27 817.12 776.21 UP

RBLBANK 669.65 659.28 648.92 679.73 689.82 669.37 594 UP

RCOM 1.8 1.78 1.77 1.83 1.87 1.82 9.86 DOWN

RECLTD 152.55 150.97 149.38 154.32 156.08 152.73 124.88 UP

RELCAPITAL 91.7 85.95 80.2 98.1 104.5 92.35 226.89 DOWN

RELIANCE 1319.15 1310.5 1301.85 1327.4 1335.65 1318.75 1223.28 UP

RELINFRA 64.05 58.93 53.82 71.53 79.02 66.42 250.29 DOWN

REPCOHOME 387.3 382.17 377.03 392.52 397.73 387.38 419.1 DOWN

SAIL 48.2 47.37 46.53 49.22 50.23 48.38 58.17 DOWN

SBIN 344.3 340.53 336.77 347.68 351.07 343.92 293.97 UP

SHREECEM 20807.65 20652.82 20497.98 20967.37 21127.08 20812.53 17265.59 UP

SIEMENS 1269.95 1254.07 1238.18 1284.77 1299.58 1268.88 1029.6 UP

SOUTHBANK 13.65 13.42 13.18 13.92 14.18 13.68 15.12 DOWN

SREINFRA 22.2 21.67 21.13 23.07 23.93 22.53 32.66 DOWN

SRF 2909.65 2872.57 2835.48 2950.17 2990.68 2913.08 2191.46 UP

SRTRANSFIN 1076.05 1045.27 1014.48 1110.67 1145.28 1079.88 1156.83 DOWN

STAR 429.1 418.55 408 435.6 442.1 425.05 455.67 DOWN

SUNPHARMA 402.05 395.47 388.88 407.22 412.38 400.63 494.39 DOWN

SUNTV 528 512.1 496.2 551.8 575.6 535.9 607.62 DOWN

SUZLON 4.65 3.92 3.18 5.37 6.08 4.63 5.91 DOWN

SYNDIBANK 33.75 33.08 32.42 34.58 35.42 33.92 36.36 DOWN

TATACHEM 627.25 622.02 616.78 633.42 639.58 628.18 653.4 DOWN

TATACOMM 505.3 495.85 486.4 521.15 537 511.7 534.54 DOWN

TATAELXSI 857.2 852.75 848.3 863.9 870.6 859.45 1018.72 DOWN

TATAGLOBAL 252.7 249.22 245.73 257.62 262.53 254.13 215.28 UP

TATAMOTORS 166.2 162.48 158.77 170.98 175.77 167.27 194.28 DOWN

TATAMTRDVR 81.35 79.33 77.32 83.13 84.92 81.12 101.02 DOWN

TATAPOWER 66.55 65.9 65.25 67.25 67.95 66.6 71.76 DOWN

TATASTEEL 486.05 481.17 476.28 492.87 499.68 487.98 529.92 DOWN

TCS 2231.5 2199.38 2167.27 2249.73 2267.97 2217.62 2014.86 UP

TECHM 768.2 758.38 748.57 773.68 779.17 763.87 746.48 UP

TITAN 1277 1268.27 1259.53 1287.47 1297.93 1278.73 984.58 UP

TV18BRDCST 26.7 26.02 25.33 27.62 28.53 26.93 35.76 DOWN

TVSMOTOR 475.65 470.9 466.15 483.5 491.35 478.75 521.03 DOWN

UJJIVAN 348.3 341.55 334.8 358.75 369.2 352 289.95 UP

ULTRACEMCO 4597.85 4565.93 4534.02 4624.93 4652.02 4593.02 4012.33 UP

UNIONBANK 72.65 71 69.35 74.9 77.15 73.25 80.38 DOWN

UPL 1016.4 1004.48 992.57 1027.48 1038.57 1015.57 800.2 UP

VEDL 165.2 162.9 160.6 167.9 170.6 165.6 192.58 DOWN

VGUARD 243.75 241.37 238.98 245.67 247.58 243.28 205.92 UP

VOLTAS 621.6 615.72 609.83 625.82 630.03 619.93 566.75 UP

WIPRO 297.1 295.73 294.37 298.23 299.37 296.87 314.71 DOWN

WOCKPHARMA 380.8 374.17 367.53 387.17 393.53 380.53 485.24 DOWN

YESBANK 135.9 130.63 125.37 143.08 150.27 137.82 221.62 DOWN

ZEEL 335.35 327.83 320.32 344.43 353.52 336.92 436.53 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 32329. Interweek strategy: Buy between 32329-32601 zone, targeting 33151 and then at 33701 zone with stop at 31901.

Hurdles now at 37991 mark. Interweek strategy: Buy at CMP, targeting 37991 and then at 38601-39001 zone with stop at 35551.

Interweek strategy: Buy at CMP, targeting 3821 mark and then aggressive targets at 3901-3911 zone with stop at 3501.

Interweek strategy: Establish short positions between 417-419 zone, targeting 397 zone and then aggressive targets at 369-375 zone with stop at 431.

Natural Gas prices seen at oversold conditions. Support now seen at 152.50-157 zone. Interweek strategy: Establish long positions only above 171, targeting 201-205 zone with stop at 151.

Technically, USD/INR now faces major hurdles at 71.05. Any corrective advances towards 70.25 will be opportunity to initiate short positions. Interweek Strategy: Sell between 69.85-69.95 zone, targeting 69.05 and then at 67.50. Stop 71.05.

32661 32329 31901 33151 33701 Neutral

36625 35751 35001 37991 39001 Neutral

3737 3501 3345 3821 3981 Neutral

410 397 369 419 429 Neutral

164.00 157.00 152.50 171.00 205.00 Neutral

69.65 69.05 67.50 71.05 72.50 Neutral

MCX CRUDE OIL could stage a rebound amidst oversold conditions. Hurdles at 3981.

TRADING STRATEGYLTP S1 S2 R1 R2

GOLD $

SILVER ($)

WTI CRUDE OIL ($ )

EUR/USD

Bias

DOW JONES

US Dollar Index


The Navigator …Sailing global trend

Instrument

Wall Street continues to stage powerful rally on rising hopes of Fed rate cut…

1333 1321 1301 1351 1368 Neutral

15.01 14.45 13.71 15.65 16.09 Neutral

53.44 51 49 55.45 59 Neutral

1.1318 1.1023 1.0945 1.1311 1.1545 Neutral

96.77 95.00 92.75 100.00 102.50 Neutral

26063 24211 23441 26001 27100 Neutral

Support now seen 1321 zone on closing basis. Major interweek hurdles now seen at 1368. Interweek Strategy: Buy between 1321-1325 zone, targeting 1351 and then at 1361-1368 zone with stop below 1315.

Hurdles now seen at 16.09. Confirmation of major strength only above 15.65. Interweek Strategy: Buy at CMP, targeting 15.65 zone and then at 16.01-16.09 zone with stop below 14.29.

Key hurdles now at 59 zone. Downside risk now seen at 49. Interweek strategy: Establish buy positions between 51-52.50 zone, targeting 55 zone with strict stop at 49.85.

EUR/USD faces major hurdles at 1.1545. Downside risk seen at 1.1023. Negative bias. 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.

Dow Jones ended higher for the 6th consequtive session on hopes of rate cut by the US Federal Reserve. Also, on the recent weaker-than-expected jobs report supported the case for the Federal Reserve to ease interest rates in the near future.

Close S1 S2 R1 R2200 Day

SMA Reversal

Point TrendCommodityExchange


DAILY PIVOT TABLE

MCX ALUMINIUM

MCX CARDAMOM

NCDEX CASTOR

NCDEX CHANA

MCX COPPER

MCX COTTON

MCX CRUDE-OIL

MCX GOLD

NCDEX GUAR GUM

NCDEX GUAR SEED

NCDEX JEERA

MCX LEAD

MCX MENTHA OIL

MCX NATURAL GAS

MCX NICKLE

NCDEX RM SEED

MCX SILVER

NCDEX SUGAR

NCDEX SOYA BEAN

MCX ZINC

141.9 141.15 140.4 143 144.1 142.19 146.5 DOWN

2646 2625.67 2605.33 2675.67 2705.33 1579.49 2535 DOWN

5280 5216 5152 5392 5504 5246.6 5780 UP

4360 4333.67 4307.33 4400.67 4441.33 4276.46 4569 DOWN

402.9 398.68 394.47 407.98 413.07 435.92 413.3 UP

21280 21106.67 20933.33 21576.67 21873.33 21713.5 22640 DOWN

3722 3621.33 3520.67 3798.33 3874.67 4250.48 3779 DOWN

32936 32725.33 32514.67 33093.33 33250.67 31652.58 32376 UP

8325 8255.33 8185.67 8446.33 8567.67 8961.04 8669 UP

4125 4092.67 4060.33 4179.67 4234.33 4351.68 4297 DOWN

17450 17363.33 17276.67 17523.33 17596.67 17846.38 17830 DOWN

150.5 148.82 147.13 152.92 155.33 141.55 146.25 DOWN

1331.5 1312.67 1293.83 1355.67 1379.83 1615.32 1409.8 UP

162.9 160.93 158.97 164.43 165.97 220 171 DOWN

847.6 843.37 839.13 854.47 861.33 865.3 866.4 DOWN

3884 3862.67 3841.33 3916.67 3949.33 3968.16 4038.5 DOWN

37344 36985 36626 37645 37946 38029.41 36036.5 DOWN

3050 3050 3050 3050 3050 3614.83 3015 UP

3624 3606 3588 3653 3682 3507.4 3750 UP

203.3 201.9 200.5 205.55 207.8 193.47 208.75 DOWN

Tuesday11th June, 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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