Weekly Research Reports - Quantum Global Securities...

Weekly Research Reports

www.quantumglobal.in

Title Page No.

Quantum Global Wealth Weekly 03-04

Top Sectors for the Week 05-12

Weekly Pivot Table (Equities) 13

Weekly Pivot Table (Commodities) 14

Disclaimer 15

CONTENTS

Top Sectors for the Week

Quantum Global (Wealth Weekly)

Quantum Global WEALTH WeeklyLet Your Money Grow Confidently !

Quantum Global Wealth Weekly: Getting rich is easy with help of Quantum Global Wealth Weekly.

This weekly research report helps you to

identify the best five momentum stocks

for the week. ‘Pick of the week’ is best

among the mentioned five and is always

with detailed ‘Technical & Macro

outlook’.

The trick to “Get Rich quickly and to Stay

Rich forever” is a combination of

alertness and awareness. With the right

information on stocks from Quantum

Global Wealth Weekly, your money is

likely to grow confidently and living the

“rich” life, is achievable.


Time is the truest form of wealth!Quantum Global Weekly invests your time wisely!!

One Stop Investment Avenue www.quantumglobal.in


STOCKS CMP BIAS TRADING/ INVESTMENT STRATEGY

Monday05th August, 2019

Analyst’s Pick: PNB (CMP 67.65). Target: Rs. 50.

BHEL is clearly in a down-wave pattern and now seen breaking down below a descending triangle pattern on the monthly charts. A break below 55 could lead to a fall below the psychological 50 mark. Establishing short positions at CMP, and on strength between 60-62.50 zone should be the preferred trading strategy, targeting 50 and then aggressive targets at 40-42.50 zone. Stop above 72.81. Holding Period: 1 Month.

Overbought technical conditions still prevail on monthly charts. CIPLA is also signaling a breakdown below a higher consolidation zone on daily charts with a probable double top resistance. Hence, major weakness likely for the stock. Establishing short positions at CMP, and on any strength between 545-551 zone should be the preferred trading strategy, targeting 483 and then at 457-461 zone. Aggressive targets seen at 411-416 zone. Stop above 571. Holding Period: 2 Months.

HINDALCO deserves attention as the stock has signaled a breakdown from a probable descending triangle pattern on the daily charts. The stock is likely to be a big underperformer in medium term. Establishing short positions between 183-189 zone should be the preferred trading strategy, targeting psychological 150 marki and then aggressive targets at 131-135 zone. Stop above 207. Holding Period: 2 Months.

INDUSIND BANK is moving down with its sequence of lower highs/lows intact on daily, weekly and monthly charts. The stock is just signaling a break down below a 1340-1540 lower consolidation zone. Establishing short positions on any early strength between 1400-1425 zone should be the preferred trading strategy, targeting 1269 and then aggressive targets at 1201-1221 zone. Stop above 1571. Holding Period: 2 Months.

PNB was seen consolidating in last 12- months after falling one way down since October 2017. The daily charts for the stock is again looking ugly as the stock is on verge of breaking down below a lower consolidation zone. A break below Sept 2018 low at 58.45 will confirm further weakness. Establishing short positions at CMP should be the preferred trading strategy, targeting 58.50 and then aggressive targets at psychological 50 mark. Stop above 77.45. Holding Period: 2 Months.

BHEL 56.55 Negative

CIPLA 516 Negative

HINDALCO 180.40 Negative

INDUSIND BANK 1383 Negative

PUNJAB NATIONAL 67.65 NegativeBANK (PNB)

Punjab National Bank (PNB) is northern India-based bank with over 7036 branches, most of

which are in the states of Punjab, Haryana, Uttar Pradesh, Madhya Pradesh and Bihar. More

than 60% of its branches are in rural and semi- urban areas. The bank’s balance sheet stands

at around ~INR 7.6tn.

A weak earnings profile, contraction in loan growth and structural operational issues are key

challenges and uncertainties that outweigh PNB's highest CASA ratio among nationalized

banks.

Hence, we maintain ’SELL’.

Technically, PNB’s stock price pattern appears ugly at current levels.

The momentum oscillators are in sell mode signaling further sharp down move. The stock

price is signaling a break down from a "Reverse Flag Pattern" on the monthly charts with the sequence of lower highs / lows is intact in daily chart,

indicating further weakness. Major weakness on cards below its intermediate September 2018 low at 58.50. The stock is moving below this level

after consolidating between 58-101 zone for past 12-months. Immediate downside risk below 58.50 is at psychological 50 mark.

Also, a probable reverse Head & Shoulder pattern can be seen on weekly charts. The stock is likely to be a big underperformer going forward.

Establishing short positions at CMP should be the preferred trading strategy, targeting 58.50 and then aggressive targets at psychological 50 mark.

Stop above 77.45. Holding Period: 2 Months.



Relative Strength Performancewith Quantum Global Top Sectors

Top Sectors for the Week is a Technical and Macro report containing everything you need to have…a clear, precise and detailed view on the five top momentum sectors... listed in BSE. This detailed multi-analyzed Macro-Technical report is a smart way to enter or exit an outperforming or underperforming sector using the relative strength function.

Top Sectors for the Week reports have an unbeatable track record...You can look out for our previous reports at our website www.quantumglobal.in


Sectors Relative to Sensex... Outperforming stocks Underperforming stocks


Sector Analysis: Relative Strength Performance


BSE Auto Index Underperformer BAJAJ AUTO, ASHOK LEYLAND, TATA MOTORS,

HERO MOTO CORP MARUTI, MOTHERSON SUMI.

BSE Banks Index Underperformer KOTAK BANK SBI, INDUSIND BANK, YES BANK

BSE Capital Goods Index Neutral AIA ENGINEERING SUZLON, BHEL, CG POWER

BSE Healthcare Index Underperformer METROPOLIS, CIPLA, WOCKHARDTDR LAL PATH LABS

BSE Metals Index Underperformer NMDC NALCO, JINDAL STEEL & POWER, SAIL


From Quantum Global Invest Research Desk…


The Week That Was:Sensex: 37118. Another week , another fall registered by benchmark indices.

In last week’s trade, the benchmark Sensex fell by another 2%, and most importantly, registered 4th weekly of consecutive fall. This also marked Sensex’s worst fall in last 5 months. Blame the negativity to:

1. Majority of Q1 earnings were below street's expectations. The biggest worry and biggest disappointment in the ongoing earning season is that asset quality of banking & financial sectors has deteriorated considerably.

2. Auto stocks were in free fall on higher vehicle registration fees plan and worse Q1 results. Also the auto sales numbers of July were pathetic as Maruti Suzuki, Ashok Leyland, Mahindra, Escorts Agri Machinery, Bajaj Auto & Hyundai Motors registered 33%, 28%, 15%, 13.4%, 5% & 4% fall in their sales respectively.

3. The policy-setting Federal Open Market Committee cut its benchmark interest rate by a quarter-point and most importantly, ended its “quantitative tightening” program two months early. The Fed said it was easing monetary policy “in light of the implications of global developments for the economic outlook and well as muted inflation pressures.” Denting optimism was Fed's go-slow approach on future rate cuts.

4. The breaking news last week was that Donald Trump imposed fresh tariffs on China. The 10% levies will apply to $300 billion of U.S. imports from China. The trade talks between the two countries are due to resume September.

5. FIIs camp who have been in exiting mode in Indian stock markets, selling close to Rs 16,870 crore worth of equities in July alone. FIIs began August month on a sour note as well, selling Rs. 3944.61 crore worth of shares in merely 2 days!

The Sensex ended in red in 3 out 5 trading sessions. The BSE MidCap and the BSE SmallCap index ended lower on weekly basis, down 2.23% and 4.30% respectively. Both the indices underperformed the benchmark Sensex.

Amongst Sectoral indices in last week’s trade, only BSE IT Index, was up 0.6 whereas BSE Metal Index, BSE PSU Index & BSE Realty Index were down 8.90%, 5.60% & 4.00% respectively.

Amongst the BSE-30 stocks like TCS, BHARTI AIRTEL & ASIANPAINTS were up 4.60%, 2.60% & 1.40% respectively. The top three losers of the week were VEDANTA, TATAMOTORSDVR and TATAMOTORS, down 12.70%, 12.10% and 11.30% respectively.

In Friday's trade too, the US Stock markets felt the heat of further escalation of trade war with China as Trump announced new round of tariffs on Chinese imports. The losses in the stock market came even as the Labor Department announced a solid pace of hiring in July.

The Dow Jones Industrial Average lost 707 points, or 2.60%, to close at 26485.01. The S&P 500 lost 93.81 points, or 3.10%, to end at 2932.05, and the Nasdaq Composite lost 326 points, or 3.92%, to close at 8330.21.

The Week Ahead: The benchmarks could tumble further amidst new tariffs and uncertainty due to FPI surcharge issue.

At the outset, there are definitely hopes of rate cuts by RBI.

Yes, the good news for bulls camp at the moment is that the backdrop of low inflation and subdued consumption demand. India's inflation has remained below the central bank's medium-term target of 4% for almost a year.

Amidst these catalysts, the Reserve Bank of India (RBI) is expected to cut interest rates for the fourth time in a row at its meeting on 7 August. The RBI cut policy rates for the 3rd consecutive time in June by a cumulative 75 basis points.

The street expects a 25 basis points rate cut. But we suspect, the trigger on the buy side only if the RBI cuts interest rates by at least 50 bps to boost consumption demand in the decelerating economy.

On the positive side is also GST collection which grew at 5.8% in July to₹1.02 trillion. This is the third time the combined central and state GST receipts crosses ₹1 trillion mark so far this fiscal.

Also as per media reports, Prime Minister Office (PMO) and finance ministry’s top bureaucrats have held discussions over the suggestions and submissions by foreign portfolio investors (FPIs) regarding the surcharge issue. The reports said that the PMO took stock of tax surcharge and its impact of the stock market and FPIs. FPIs have sought roll back of surcharge, as a confidence boosting signal from the Modi government.

But dampening sentiments would the escalating trade tensions between US and China. Further clarity on the said issue seen in the meeting to be held in September between two of the world’s greatest economies. Fanning negativity would also be the Fed Chairman who is sounding not that dovish.

FY19-20 Q1 earnings season is on, the big names and the numbers to trickle-in this week are:

• Monday: GMR INFRA, BOMBAYDYEING, BERGER PAINTS, INDIAN BANK, TORRENT POWER.

• Tuesday: CENTRAL BANK, GSFC, BHARAT GEARS, INDIABULLS HOUSING, PIDILITE, SUNDARAM FINANCE, BASF, LAKSHMI VILAS BANK, JK LAKSHMI CEMENTS, ARVIND, MFSL, TITAN, NLC INDIA, NEELKAMAL, ZENSARTECH, JSW ENERGY, REC.

• Wednesday: M&M, CIPLA, ADANI GAS, OFSS, BAJAJ ELECTRICALS, BALRAMCHIN, RAMCOCEM, ADANI POWER, KSL, RAJESH EXPORTS, J KUMAR INFRA, HCLTECH, INDIACEM, VOLTAS, HINDPETRO, LUPIN, CUMMINS, TATASTEEL, SIEMENS.

• Thursday: ULTRATECH, PAGEIND, MGL, COFFE DAY ENTERPRISES, ENGINEERSIND, ADANI ENT, NBVENTURES, UCO BANK, RCF, TATAINVEST, NBCC, GNFC, TATACHEM, HEXAWARE, CITY UNION BANK.

• Friday: HINDALCO, CADILA, SHREECEM, MRF, FUTURE CONSUMER, GAIL, NCC, BRITANNIA, CENTURYPLY, BHEL, BPCL, PFIZER, NHPC, SAIL,

• Saturday: DIVISLABS, NTPC, BALKRISHNA, HINDCOPPER.

Meanwhile, the technical landscape continues to be bearish as the indices are seen correcting from overbought technical conditions. The immediate downside risk continues to be at 35751 mark.

Please note, confirmation of major weakness only below 35751 mark, targeting October 2019 low at 33291 mark.

The key interweek hurdles to watch on Sensex are at 38001 mark. Buying advised only if Sensex is able to move above 39005 mark.

The corresponding levels for Nifty are: Supports at 10751 zone and after that downside risk is at 10001 mark. Hurdles for Nifty now seen at 11307 and then at 11707 mark.

Preferred trade for the week:

Sensex (37118): Sell between 37751-38001 zone, targeting 36601 and then at 35751 and final logical targets at 33291. Stop at 39101.

Amongst momentum stocks looking bright on any corrective declines are: ULTRATECH, AIA ENGINEERING, NESTLE, ICICI BANK, METROPOLIS, AMRUTANJAN, RITES and GRSE.

Meanwhile, we are negative on stocks like: CIPLA, HINDALCO, BHEL, INDUSIND BANK, VEDANTA, ASHOK LEYLAND, MARUTI, YES BANK, MARUTI, LUPIN, JINDAL STEEL & POWER, TATA MOTORS, RELIANCE INFRA, RELIANCE CAPITAL, SAIL, UNION BANK OF INDIA and RELIANCE INDUSTRIES.

Amongst sectoral indices, we have a negative rating in BSE Auto index amidst deteriorating technical conditions. BSE Auto index is likely to continue its underperformance. BSE Metals could witness sharp rebound only in case of U.S-CHINA trade truce — until then its sell on every strength. BSE Bank index could correct amidst overbought technical conditions. Meanwhile, for this week, our most preferred pair strategies are:

• Pair Strategy: Long KOTAK BANK and Short PNB.

• Pair Strategy: Long AIA ENGINEERING and Short BHEL.



BSE Auto Index vs Sensex

• BSE AUTO: 15,365: UNDERPERFOMER.

• In last week's trade, BSE Auto index traded with negative bias and most importantly ended with negative bias. On a weekly basis, BSE Auto index was down 3.40%. Technically, momentum oscillators continue to be negative but oversold conditions prevail. Amidst this backdrop, selling only on any excessive strength should be the preferred strategy. Major hurdles now at 20411 mark. Interweek resistance at 17181. From here on, downside risk seen at 14589 zone.

• Support: 15001/14589/11651.

• Resistance: 17201/18501/20411.

• Preferred Strategy on Auto Index: For this week, aggressive traders can look to sell between 16000-16251 zone, targeting 15001 and then 14501. Final aggressive targets located at 11651-12001 zone with strict stop above 18501.

• Preferred Trade:

• Sell MOTHERSON SUMI (CMP 103) between 109-115 zone, targeting 100 zone and then at 92.50-95 zone with stop at 119. Holding Period: 1 Month.

• Sell CUMMINS (CMP 669) between 701-715 zone, targeting 651 zone and then at 613-617 zone with stop at 749. Holding Period: 2 Months.

• Outperforming Stocks: BAJAJ AUTO, HERO MOTO CORP.

• Underperforming Stocks: ASHOK LEYLAND, APOLLO TYRES, TATA MOTORS, EICHER MOTORS, MOTHERSON SUMI, MARUTI.

PAIR Strategy: Long BAJAJ AUTO and Short TATA MOTORS.



BSE Banks Index vs Sensex

PAIR Strategy: Long KOTAK BANK and Short PNB

• BSE BANKS: 31,903: UNDERPERFORMER.

• The interweek outlook continues to be negative as the index is seen trading at overbought conditions on daily charts. In last week's trade, Bank Nifty was seen slipping amidst profit booking, down 3.67%. Bank Nifty is clearly seen struggling and unable to move past its all-time-high at 35717 mark. Immediate downside risk seen at its make-or-break interweek support at 30251 zone. Lightening leveraged long positions should continue to be the preferred strategy.

This week, we expect Bank index to trade volatile with negative bias.

• Support: 31854/30251/27751.

• Resistance: 32351/33301/34575.

• Preferred Strategy on Bank Index: For this week, aggressive traders can look to sell between 32251-32751 zone, targeting 31854 and then aggressive targets seen at 30251-30551 zone with strict stop above 33201.


• Sell INDUSIND BANK (CMP 1383) between 1425-1451 zone, targeting 1333-1347 zone and then at 1269-1275 zone with stop above 1551. Holding Period: 1 Month.

• Sell UNION BANK OF INDIA (CMP 64.70) between 68-70 zone, targeting 61 zone and then at 57.50-59 zone with stop above 73. Holding Period: 1 Month.

• Outperforming Stocks: KOTAK BANK, ICICI BANK.

• Underperforming Stocks: UNION BANK OF INDIA, STATE BANK OF INDIA, SOUTH INDIAN BANK, PNB, BANK OF INDIA, YES BANK.



BSE Capital Goods Index vs Sensex

PAIR Strategy: Long AIA ENGINEERING Short BHEL

• BSE CAPITAL GOODS: 17,274: NEUTRAL.

• The interweek outlook continues to be negative after the index witnessed sharp correction in last week's trade, down -2.84%. We suspect, some more corrective declines quite likely. Key interweek support seen at 16971. Key intermonth support at 16113. Expect range bound trading this week with negative bias.

• Support: 16971/16113/15001.

• Resistance: 18201/19251/20501.

• Preferred Strategy on Capital Goods Index: For this week, sell between 17701-18001 zone, should be the preferred trading strategy, targeting 16971 zone and then at 16113-16251 zone with strict stop at 18551.


• Buy THERMAX (CMP 1092) between 1071-1075 zone, targeting 1151 and then at 1221 zone. Stop below 961. Holding period: 2 months

• Buy AIA ENGINEERING (CMP 1709) between 1701-1715 zone, targeting 2001 and then at 2150 zone. Stop below 1601. Holding period: 2 months.

• Outperforming Stocks: AIA ENGINEERING, THERMAX.

• Underperforming Stocks: C G POWER, BHEL, HAL.



BSE Healthcare Index vs Sensex

PAIR Strategy: Long METROPOLIS and Short CIPLA

• BSE HEALTHCARE: 12,555: UNDERPERFOMER.

• The interweek outlook continues to be negative amidst selling witnessed in last week's trade, down 3.12%. Major downside risk on cards if the index slip below its key support at 12,477 mark. Please note, below 12,477 mark major weakness on cards for BSE Healthcare index with aggressive intermonth targets at 11000 mark. Immediate hurdles at 13455. Confirmation of strength above 15185.

• Support: 12477/11951/11001.

• Resistance: 13455/14501/15185.

• Preferred Strategy on Healthcare Index: For this week, aggressive traders should look to sell at CMP, targeting 12477 and then at 11001-11251 zone with strict stop below 13501.


• Sell CIPLA (CMP 516) between 525-531 zone, targeting 483 zone and then at 457-460 zone with stop above 557. Holding Period: 1 month.

• Buy BIOCON (CMP 231) between 221-235 zone, targeting 257.50 and then at 271-275 zone. Stop below 211. Holding period: 2 months.

• Outperforming Stocks: METROPOLIS, APOLLO HOSPITAL, LALPATH LABS, IPCA LAB, MERCK, PFIZER.

• Underperforming Stocks: FORTIS, CIPLA, WOCKHARDT, STAR, CADILA HEALTHCARE, LUPIN.



BSE Metals Index vs Sensex

PAIR Strategy: Long NMDC and Short SAIL

• BSE METALS: 9,177: UNDERPERFOMER.

• In last week's trade, BSE Metal index witnessed volatile movements and most importantly, severely underperformed the benchmark indices, down 5.25%. The negative takeaway was that the sell-off was amidst deteriorating conditions at U.S-China trade war. The major technical landscape will now improve only if BSE Metal index moves above 11901 mark. Technically, oversold conditions still prevail on long term charts. Major interweek support now seen at 8750-8901 zone. Selling on strength should be the preferred strategy.

• Support: 8901/8750/6169.

• Resistance: 10201/10771/11901.

• Preferred Strategy on Metals Index: For this week, aggressive traders can look to sell between 9751-10001 zone, targeting 8901 and then at 8750 zone with strict stop above 10771.


• Sell JINDAL STEEL & POWER (CMP 119) between 131-132.50 zone, targeting 111 and then at 105-107.50 zone. Stop above 145. Holding period: 1 month.

• Sell NATIONAL ALUMINUM (CMP 43.90) between 45-46 zone, targeting 40 and then at 37.50-38 zone. Stop above 49. Holding period: 1 month.

• Outperforming Stocks: NMDC.

• Underperforming Stocks: NATIONAL ALUMINUM, TATA STEEL, JSW STEEL, JINDAL STEEL & POWER, SAIL, VEDANTA.

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

Pivot Table (Equities) Monday05th August, 2019

NIFTY 10997.35 10870.82 10744.28 11102.02 11206.68 11154.49 10975.48 UP

BANKNIFTY 28204.95 27912.68 27620.42 28520.88 28836.82 28348.51 28228.62 DOWN

NIFTYIT 15422.1 15266.92 15111.73 15519.17 15616.23 15345.61 15363.98 UP

ACC 1517.45 1496 1474.55 1536.9 1556.35 1521.91 1515.45 UP

ADANIENT 128.1 124.35 120.6 130.8 133.5 145.63 127.05 UP

ADANIPORTS 375.45 366.15 356.85 382.25 389.05 372.51 372.95 UP

ADANIPOWER 61.45 58.7 55.95 63.85 66.25 49.09 61.1 UP

AMARAJABAT 656.95 651.58 646.22 664.88 672.82 700.95 659.52 DOWN

AMBUJACEM 199.5 195.12 190.73 203.02 206.53 216.31 198.63 UP

APOLLOHOSP 1310.2 1270.15 1230.1 1355.1 1400 1241.04 1315.05 DOWN

APOLLOTYRE 150.35 145.42 140.48 153.92 157.48 208.31 148.98 UP

ARVIND 56.2 54.23 52.27 57.73 59.27 118.1 55.77 UP

ASHOKLEY 64.4 60.57 56.73 68.52 72.63 93.15 64.68 DOWN

ASIANPAINT 1545.2 1516.47 1487.73 1561.97 1578.73 1381.45 1533.23 UP

AUROPHARMA 548.65 541.3 533.95 557 565.35 721.45 549.65 DOWN

AXISBANK 673.85 663.08 652.32 683.13 692.42 703.17 672.37 UP

BAJAJ-AUTO 2600.55 2513.13 2425.72 2652.98 2705.42 2801.69 2565.57 UP

BAJAJFINSV 7063.7 6935.47 6807.23 7158.47 7253.23 6846.1 7030.23 UP

BAJFINANCE 3237.9 3142.75 3047.6 3310.3 3382.7 2872.18 3215.15 UP

BALKRISIND 712.45 697.17 681.88 724.37 736.28 874.55 709.08 UP

BANKBARODA 104.9 102.87 100.83 106.97 109.03 115.89 104.93 DOWN

BANKINDIA 69.75 68.17 66.58 71.27 72.78 89.77 69.68 UP

BATAINDIA 1310.25 1288.12 1265.98 1326.77 1343.28 1238.92 1304.63 UP

BEL 95.35 93.52 91.68 97.92 100.48 93.04 96.08 DOWN

BERGEPAINT 334.4 330.93 327.47 336.73 339.07 313.57 333.27 UP

BHARATFORG 422.7 412.13 401.57 430.03 437.37 497.04 419.47 UP

BHARTIARTL 343.55 328.85 314.15 356.6 369.65 307.16 341.9 UP

BHEL 56.5 55.72 54.93 57.42 58.33 68.21 56.63 DOWN

BIOCON 231.25 220.87 210.48 237.82 244.38 294.82 227.43 UP

BOSCHLTD 14785.95 14477.43 14168.92 15037.23 15288.52 18021.41 14728.72 UP

BPCL 342.45 337.62 332.78 347.12 351.78 351.97 342.28 UP

BRITANNIA 2594.4 2557.93 2521.47 2627.93 2661.47 3390.95 2591.47 UP

BSOFT 72.35 69.07 65.78 75.77 79.18 136.56 72.48 DOWN

CADILAHC 225.3 220.2 215.1 230.35 235.4 310.8 225.25 UP

CANBK 232.7 227.48 222.27 236.43 240.17 258.99 231.22 UP

CASTROLIND 116.5 114.7 112.9 118.3 120.1 149.04 116.5 UP

CENTURYTEX 875.65 858.6 841.55 893.35 911.05 890.95 876.3 DOWN

CESC 750.85 731.3 711.75 763.3 775.75 721.34 743.75 UP

CHOLAFIN 266.6 257.23 247.87 272.98 279.37 262.5 263.62 UP

CIPLA 516.1 509.97 503.83 520.97 525.83 543.6 514.83 UP

COALINDIA 197.2 194.68 192.17 200.38 203.57 242.59 197.87 DOWN

COLPAL 1181.2 1167.1 1153 1192.5 1203.8 1209.28 1178.4 UP

CONCOR 503.7 489.9 476.1 516 528.3 570.24 502.2 UP

CUMMINSIND 669.35 657.33 645.32 686.23 703.12 757.15 674.22 DOWN

DABUR 426.5 423.08 419.67 429.43 432.37 411.67 426.02 UP

DHFL 46.65 45.28 43.92 48.48 50.32 152.29 47.12 DOWN

DISHTV 24.65 24.07 23.48 25.62 26.58 35 25.03 DOWN

DIVISLAB 1598.8 1577.23 1555.67 1622.18 1645.57 1575.32 1600.62 DOWN

DLF 171.8 165.47 159.13 175.37 178.93 177.1 169.03 UP

DRREDDY 2529.2 2500.3 2471.4 2554.05 2578.9 2645.28 2525.15 UP

EICHERMOT 16905 16321.58 15738.17 17300.13 17695.27 20891.38 16716.72 UP

ENGINERSIN 95.85 93.4 90.95 98.1 100.35 115.11 95.65 UP

EQUITAS 113.75 111.83 109.92 115.43 117.12 122.63 113.52 UP

ESCORTS 461.7 451.37 441.03 472.02 482.33 652.49 461.68 UP

EXIDEIND 180.8 176.93 173.07 184.73 188.67 227.12 180.87 DOWN

FEDERALBNK 87.3 86.03 84.77 89.43 91.57 92.45 88.17 DOWN

GAIL 127.65 124.57 121.48 129.97 132.28 163.17 126.88 UP

GLENMARK 424.95 418.43 411.92 430.53 436.12 594.82 424.02 UP

GMRINFRA 15.1 14.87 14.63 15.27 15.43 16.11 15.03 UP

GODREJCP 611.75 591.53 571.32 625.48 639.22 701.61 605.27 UP

GRASIM 778 757.08 736.17 792.88 807.77 839.2 771.97 UP

HAVELLS 646.1 635.63 625.17 654.53 662.97 714.45 644.07 UP

HCLTECH 1010.5 996.37 982.23 1021.27 1032.03 1034.35 1007.13 UP

HDFC 2124.8 2059.88 1994.97 2169.18 2213.57 1993.73 2104.27 UP

HDFCBANK 2214.35 2189.57 2164.78 2231.57 2248.78 2205.24 2206.78 UP

HEROMOTOCO 2401.95 2317 2232.05 2458.45 2514.95 2749.04 2373.5 UP

HEXAWARE 356.95 344.3 331.65 364.35 371.75 344.62 351.7 UP

HINDALCO 180.4 177.07 173.73 183.02 185.63 207.99 179.68 UP

HINDPETRO 253.4 248.47 243.53 262.42 271.43 258.19 257.48 DOWN

HINDUNILVR 1737.45 1714.97 1692.48 1750.97 1764.48 1738.82 1728.48 UP

HINDZINC 211.6 208.25 204.9 214.6 217.6 260.04 211.25 UP

IBULHSGFIN 489.65 467.52 445.38 519.47 549.28 731.43 497.33 DOWN

ICICIBANK 410.6 404.78 398.97 417.13 423.67 381.45 411.32 DOWN

ICICIPRULI 398.9 389.67 380.43 405.22 411.53 345.16 395.98 UP

IDBI 28.1 27.43 26.77 28.83 29.57 47.17 28.17 DOWN

IDEA 6.35 6.13 5.92 6.63 6.92 25.65 6.42 DOWN

IDFCFIRSTB 41.35 40.37 39.38 42.17 42.98 43.96 41.18 UP

IGL 308.8 302.67 296.53 313.52 318.23 291.87 307.38 UP

INDIGO 1507.65 1482.95 1458.25 1551.7 1595.75 1288.64 1527 DOWN

INDUSINDBK 1382.9 1362.07 1341.23 1408.12 1433.33 1545.98 1387.28 DOWN

INFRATEL 251.4 246.37 241.33 255.37 259.33 279 250.33 UP

INFY 775.6 765.27 754.93 782.92 790.23 717.06 772.58 UP

IOC 135.25 132.73 130.22 138.38 141.52 145.46 135.87 DOWN

ITC 264.5 262.67 260.83 266.77 269.03 284 264.93 DOWN

JINDALSTEL 119.45 115.43 111.42 125.78 132.12 157.98 121.77 DOWN

JSWSTEEL 225.15 218.48 211.82 231.13 237.12 291.13 224.47 UP

JUBLFOOD 1188.4 1159.2 1130 1207.1 1225.8 1269.35 1177.9 UP

JUSTDIAL 687.85 680.3 672.75 697.15 706.45 580.41 689.6 DOWN

KAJARIACER 467.5 461.42 455.33 471.67 475.83 528.68 465.58 UP

KOTAKBANK 1507.6 1480.12 1452.63 1525.02 1542.43 1325.27 1497.53 UP

L&TFH 95.25 93.03 90.82 97.23 99.22 131.79 95.02 UP

LICHSGFIN 501.15 486.85 472.55 514.7 528.25 492.02 500.4 UP

LT 1370.25 1347.87 1325.48 1384.77 1399.28 1386.11 1362.38 UP

LUPIN 767.3 752.37 737.43 778.97 790.63 807.04 764.03 UP

M&M 556.45 544.45 532.45 566.15 575.85 683.47 554.15 UP

M&MFIN 301.7 288.37 275.03 311.52 321.33 409.82 298.18 UP

MANAPPURAM 113 110.88 108.77 115.78 118.57 109.01 113.67 DOWN

MARICO 372.65 364.42 356.18 378.37 384.08 357.31 370.13 UP

MARUTI 5689.35 5541.57 5393.78 5780.57 5871.78 6911.56 5632.78 UP

MCDOWELL-N 582.9 571.63 560.37 593.58 604.27 573.22 582.32 UP

MCX 805.95 785.38 764.82 821.13 836.32 764.71 800.57 UP

MFSL 414.3 404.57 394.83 421.47 428.63 419.95 411.73 UP

MGL 789.7 778.17 766.63 799.07 808.43 883.44 787.53 UP

MINDTREE 704.6 683.82 663.03 716.57 728.53 889.7 695.78 UP

MOTHERSUMI 103 101.52 100.03 104.37 105.73 144.32 102.88 UP

MRF 53869.55 52758.95 51648.35 54632.35 55395.15 59661.38 53521.75 UP

MUTHOOTFIN 621.3 609.45 597.6 629.1 636.9 546.84 617.25 UP

NATIONALUM 43.95 43.53 43.12 44.58 45.22 56.34 44.17 DOWN

NBCC 42.85 41.65 40.45 43.9 44.95 57.27 42.7 UP

NCC 72.75 71.1 69.45 74.2 75.65 90.61 72.55 UP

NESTLEIND 11411.5 11310.58 11209.67 11524.28 11637.07 10900.88 11423.37 DOWN

NIITTECH 1198.7 1183.37 1168.03 1209.22 1219.73 1252.16 1193.88 UP

NMDC 105.5 103.63 101.77 107.78 110.07 102.18 105.92 DOWN

NTPC 123.1 121.4 119.7 125.85 128.6 140.42 124.15 DOWN

OFSS 3305.85 3267.75 3229.65 3336.2 3366.55 3496.07 3298.1 UP

OIL 155.15 152.3 149.45 158.3 161.45 179.42 155.45 DOWN

ONGC 134.35 132.62 130.88 136.22 138.08 154.16 134.48 DOWN

PAGEIND 18623.65 18227.03 17830.42 18952.63 19281.62 23342.95 18556.02 UP

PEL 1748.4 1705.63 1662.87 1798.08 1847.77 2227.02 1755.32 DOWN

PETRONET 235.5 230.28 225.07 238.78 242.07 229.67 233.57 UP

PFC 107.75 105.42 103.08 110.17 112.58 109.85 107.83 DOWN

PIDILITIND 1256.7 1205.4 1154.1 1288.7 1320.7 1160.96 1237.4 UP

PNB 67.65 66.6 65.55 68.8 69.95 78.1 67.75 DOWN

POWERGRID 210.55 207.95 205.35 213.55 216.55 192.47 210.95 DOWN

PVR 1468.75 1446.35 1423.95 1500.8 1532.85 1593.31 1478.4 DOWN

RAMCOCEM 723.55 709.12 694.68 734.47 745.38 690.97 720.03 UP

RAYMOND 627.75 609.4 591.05 643.8 659.85 769.06 625.45 UP

RBLBANK 407.45 392.6 377.75 418.5 429.55 594.67 403.65 UP

RECLTD 134.55 131.93 129.32 137.13 139.72 133.2 134.52 UP

RELCAPITAL 49.9 48.52 47.13 51.62 53.33 164.49 50.23 DOWN

RELIANCE 1184.35 1164.88 1145.42 1201.03 1217.72 1232.34 1181.57 UP

RELINFRA 50.05 47.7 45.35 51.85 53.65 184.11 49.5 UP

SAIL 40.9 39.95 39 41.75 42.6 52.91 40.8 UP

SBIN 308.45 302.92 297.38 318.12 327.78 306.58 312.58 DOWN

SHREECEM 20001.2 19677.53 19353.87 20211.43 20421.67 17985.16 19887.77 UP

SIEMENS 1115.05 1100.83 1086.62 1128.98 1142.92 1080.21 1114.77 UP

SRF 2632.7 2579.97 2527.23 2683.62 2734.53 2374.17 2630.88 UP

SRTRANSFIN 978.45 965 951.55 986.9 995.35 1124.58 973.45 UP

STAR 392.65 386.17 379.68 398.72 404.78 440.18 392.23 UP

SUNPHARMA 420.65 416.5 412.35 425.65 430.65 450.32 421.5 DOWN

SUNTV 456.2 444.15 432.1 465.8 475.4 567.33 453.75 UP

TATACHEM 562.7 553.83 544.97 570.73 578.77 632.42 561.87 UP

TATAELXSI 622.05 607.5 592.95 631.3 640.55 920.49 616.75 UP

TATAGLOBAL 265.6 256.75 247.9 272.1 278.6 220.68 263.25 UP

TATAMOTORS 130.7 127.4 124.1 133.6 136.5 176.69 130.3 UP

TATAMTRDVR 62.25 60.58 58.92 63.88 65.52 89.98 62.22 UP

TATAPOWER 59.15 57.78 56.42 60.48 61.82 70.8 59.12 UP

TATASTEEL 409.1 403.42 397.73 415.97 422.83 506.85 410.28 DOWN

TCS 2205.3 2177.2 2149.1 2221.7 2238.1 2035.91 2193.6 UP

TECHM 636.15 623.33 610.52 644.03 651.92 738.58 631.22 UP

TITAN 1064.7 1048.7 1032.7 1078.05 1091.4 1052.09 1062.05 UP

TORNTPHARM 1673.25 1653.17 1633.08 1691.32 1709.38 1709.22 1671.23 UP

TORNTPOWER 299.3 296.38 293.47 303.08 306.87 258.81 300.17 DOWN

TVSMOTOR 372.3 357.53 342.77 380.98 389.67 494.26 366.22 UP

UBL 1411.7 1392.2 1372.7 1429.6 1447.5 1350.53 1410.1 UP

UJJIVAN 284.4 276.73 269.07 291.83 299.27 286.1 284.17 UP

ULTRACEMCO 4299.05 4196.97 4094.88 4387.52 4475.98 4086.72 4285.43 UP

UNIONBANK 64.7 63.45 62.2 66.1 67.5 79.59 64.85 DOWN

UPL 573.5 567.83 562.17 579.08 584.67 589.57 573.42 UP

VEDL 143 139.83 136.67 145.58 148.17 180.89 142.42 UP

VOLTAS 611.55 603.38 595.22 617.53 623.52 572.44 609.37 UP

WIPRO 263.65 259.93 256.22 269.13 274.62 307.54 265.42 DOWN

YESBANK 88.3 86.43 84.57 90.53 92.77 182.06 88.67 DOWN

ZEEL 341.5 336.63 331.77 349.73 357.97 413.06 344.87 DOWN

- - - - - - - - -

- - - - - - - - -

- - - - - - - - -

- - - - - - - - -

Close S1 S2 R1 R2200 Day

SMA Reversal

Point TrendCommodityExchange


Pivot Table (Commodities)

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

138.95 138.25 137.55 140.1 141.25 140.9 131.48 DOWN

3955 3934.37 3913.73 3972.47 3989.93 1929.37 3568.75 UP

5602 5577.33 5552.67 5627.33 5652.67 5414.26 5478 UP

4232 4215 4198 4249 4266 4322.65 4317 UP

440 437.57 435.13 443.67 447.33 435.13 457.1 UP

20570 20510 20450 20670 20770 21484.35 21650 DOWN

3790 3688.67 3587.33 3954.67 4119.33 4020.8 4039 DOWN

34916 34407 33898 35283 35650 32373.9 35168 UP

8450 8372.33 8294.67 8506.33 8562.67 8799.14 8665 DOWN

4287.5 4232.33 4177.17 4322.33 4357.17 4330.5 4316 DOWN

17075 16976.67 16878.33 17236.67 17398.33 17498.03 17820 DOWN

152.15 151.33 150.52 153.23 154.32 143.31 158.43 DOWN

1262 1254.47 1246.93 1271.27 1280.53 1532.48 1228 DOWN

153.3 149.9 146.5 159.1 164.9 209.27 133.9 UP

1019.3 1001.13 982.97 1034.43 1049.57 866.08 956.25 UP

3912 3902.33 3892.67 3925.33 3938.67 3935.43 3892 UP

40986 40410.33 39834.67 41436.33 41886.67 38245.93 40658 UP

3050 3050 3050 3050 3050 3614.83 3015 UP

3585 3574.67 3564.33 3594.67 3604.33 3567.96 3552 UP

189.7 188.58 187.47 191.53 193.37 196.61 195.85 UP


CORPORATE OFFICE

Quantum Global Securities Ltd.

2nd Floor, Thakur House, Ashok Nagar,

Kandivali East, Mumbai 400 101

Tel: +91 (22) 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.


Quantum Global Securities Ltd.

Weekly Research Reports - Quantum Global Securities...

Documents

Transcript of Weekly Research Reports - Quantum Global Securities...