Share Market Today 14th february 2020

Market Recap Market Outlook   Bank Nifty Outlook Exhibit 4: Participants Activity   FII STATS FII  (Activity in no. of Contracts)   in Rs. Cr. Bought Sold Net Chg Conclusion NET OI INDEX FUTURES 1144.77 1430 -11489 12,919 Short covering -88404 INDEX CALLS 515.43 6075 -1452 7,527 Bought CE 106514 INDEX PUTS 8567 9668 -1,101 81157 NET 2139.42        Bullish                     PROP  (Activity in no. of Contracts)     Bought Sold Net Chg Conclusion NET OI INDEX FUTURES   5143 -940 6,083 Long addition 1493 INDEX CALLS   23022 12209 10,813 Bought CE & Sold PE -69718 INDEX PUTS -2125 53366 -55,491 -216154            Bullish   Note on Participants Activity Derivative Outlook Exhibit 1: LONG BUILT UP SYMBOL Close Price change % OI OI Change % PFC 127.15 1.64% 40802200 27.00% MFSL 493.7 2.23% 5824000 13.85% BALKRISIND 1148.4 0.79% 1902400 12.22% KOTAKBANK 1721.55 2.26% 9406000 9.29% JUSTDIAL 507.85 0.07% 3351600 8.13% Source: Company, IndiaNivesh Research    Exhibit 2: SHORT BUILT UP SYMBOL Close Price change % OI OI Change % JUBLFOOD 1828.55 -0.28% 2788500 12.35% BHEL 36.45 -5.32% 98342400 7.81% ASHOKLEY 81.35 -2.16% 67296000 7.28% SIEMENS 1424.9 -4.96% 2362800 7.03% SBIN 321.45 -1.12% 127785000 5.09% Source: Company, IndiaNivesh Research   Exhibit 3: LONG UNWINDING SYMBOL Close Price change % OI OI Change % L&TFH 127.45 -2.78% 25149600 -7.21% UJJIVAN 383.7 -2.58% 6755800 -4.72% MINDTREE 925.9 -0.27% 880800 -3.84% RECLTD 142.5 -0.04% 24342000 -3.82% RAMCOCEM 782.15 -0.14% 1734400 -3.21% Source: Company, IndiaNivesh Research  Exhibit 4: SHORT COVERING SYMBOL Close Price change % OI OI Change % GAIL 130.4 0.93% 43989498 -6.64% MOTHERSUMI 127.6 1.63% 21980000 -6.03% CHOLAFIN 339.2 1.22% 6142500 -5.03% ONGC 106.65 0.42% 96965000 -4.44% COALINDIA 180.35 0.73% 60974100 -3.93% Source: Company, IndiaNivesh Research Nifty 50 Pivots SYMBOL Close S2 S1 Pivot R1 R2 ADANIPORTS 374.10 367.57 370.83 374.87 378.13 382.17 ASIANPAINT 1893.70 1857.70 1875.70 1896.20 1914.20 1934.70 AXISBANK 755.25 745.95 750.60 755.65 760.30 765.35 BAJAJ-AUTO 3146.30 3108.13 3127.22 3155.93 3175.02 3203.73 BAJFINANCE 4768.70 4697.43 4733.07 4757.63 4793.27 4817.83 BAJAJFINSV 9771.85 9610.32 9691.08 9766.02 9846.78 9921.72 BPCL 474.75 466.32 470.53 478.12 482.33 489.92 BHARTIARTL 539.60 531.63 535.62 538.98 542.97 546.33 INFRATEL 243.35 238.72 241.03 244.52 246.83 250.32 BRITANNIA 3136.80 3071.87 3104.33 3156.67 3189.13 3241.47 CIPLA 446.80 438.97 442.88 448.92 452.83 458.87 COALINDIA 180.30 175.43 177.87 180.63 183.07 185.83 DRREDDY 3195.70 3141.57 3168.63 3191.12 3218.18 3240.67 EICHERMOT 19277.85 18753.68 19015.77 19187.88 19449.97 19622.08 GAIL 130.35 126.12 128.23 129.62 131.73 133.12 GRASIM 755.35 741.48 748.42 761.43 768.37 781.38 HCLTECH 614.10 604.77 609.43 614.97 619.63 625.17 HDFCBANK 1249.00 1239.80 1244.40 1248.65 1253.25 1257.50 HEROMOTOCO 2423.05 2387.68 2405.37 2417.68 2435.37 2447.68 HINDALCO 193.65 188.55 191.10 193.75 196.30 198.95 HINDUNILVR 2260.35 2112.12 2186.23 2229.12 2303.23 2346.12 HDFC 2437.60 2391.73 2414.67 2450.83 2473.77 2509.93 ICICIBANK 549.30 539.57 544.43 547.57 552.43 555.57 ITC 213.05 210.22 211.63 213.22 214.63 216.22 IOC 115.10 113.27 114.18 115.57 116.48 117.87 INDUSINDBK 1277.40 1226.13 1251.77 1277.33 1302.97 1328.53 INFY 781.05 771.65 776.35 779.80 784.50 787.95 JSWSTEEL 293.70 285.63 289.67 292.53 296.57 299.43 KOTAKBANK 1714.90 1658.30 1686.60 1703.30 1731.60 1748.30 LT 1297.30 1272.53 1284.92 1292.38 1304.77 1312.23 M&M 531.00 519.33 525.17 529.73 535.57 540.13 MARUTI 7043.30 6951.70 6997.50 7053.75 7099.55 7155.80 NTPC 116.80 114.87 115.83 117.37 118.33 119.87 NESTLEIND 16297.70 15742.10 16019.90 16246.25 16524.05 16750.40 ONGC 106.70 105.70 106.20 107.00 107.50 108.30 POWERGRID 189.35 186.58 187.97 189.93 191.32 193.28 RELIANCE 1470.30 1446.87 1458.58 1466.72 1478.43 1486.57 SBIN 320.20 312.47 316.33 323.12 326.98 333.77 SUNPHARMA 414.60 409.33 411.97 416.63 419.27 423.93 TCS 2170.75 2133.58 2152.17 2168.58 2187.17 2203.58 TATAMOTORS 170.95 166.78 168.87 171.08 173.17 175.38 TATASTEEL 55.35 53.92 54.63 55.77 56.48 57.62 TECHM 821.50 811.93 816.72 821.58 826.37 831.23 TITAN 1269.00 1251.50 1260.25 1274.60 1283.35 1297.70 UPL 573.90 563.23 568.57 575.78 581.12 588.33 ULTRACEMCO 4453.75 4409.38 4431.57 4462.13 4484.32 4514.88 VEDL 141.55 139.45 140.50 142.20 143.25 144.95 WIPRO 244.45 238.98 241.72 244.43 247.17 249.88 YESBANK 35.20 33.97 34.58 35.67 36.28 37.37 ZEEL 232.05 228.85 230.45 232.70 234.30 236.55 Note: The levels for TATASTEEL are of TATASTEEL Partly Paid up Share. Disclaimer: "Investment in securities market and Mutual Funds are subject to market risks, read all the related documents carefully before investing.")

Currency pivot levels Currency pair Close Change (%) Resistance 1 Resistance 2 Pivot Support 1 Support 2 USDINR 71.39 -0.06 71.5100 71.6300 71.4425 71.3225 71.2550 EURINR 77.67 -0.51 77.8483 78.0192 77.7517 77.5808 77.4842 GBPINR 92.71 -0.07 92.8617 93.0058 92.7058 92.5617 92.4058 JPYINR 65.16 0.22 65.2483 65.3342 65.1417 65.0558 64.9492   Cross-currency update Currency pair Close Change (%) Dollar index 99.11 0.11 EURUSD 1.0839 -0.30 GBPUSD 1.304 0.63 USDJPY 109.82 -0.24   USDINR 26 February 2020 expiry option update Options LTP Change (%) OI OI (Prev.) CE  72.50 0.0125 -16.67 106783 112176 CE 72.00 0.045 -10 192161 187005 CE 71.50 0.1575 -14.86 219206 206468 CE 71.00 0.4375 -9.79 86997 91139 CE 70.50 0.91 -2.41 26602 26451           PE 72.00 1.1025 2.56 9771 10439 PE 71.50 0.66 6.88 69486 69640 PE 71.00 0.2625 5.00 133813 111967 PE 70.50 0.0525 -12.5 219030 210956 PE 70.00 0.0075 -40 73189 71219 Note: Previous day’s movement in option activities RBI reference rate (13 February 2020) 1 USD 1 GBP 1 EURO 100 YEN 71.4699 92.5626 77.7049 65.0900 The USDINR pair struggled for direction in yesterday’s trading again, and after swinging in the range of 71.40–71.50, settled almost flat at 71.4050. The pair saw a mild recovery from the day’s low of 71.3825, as the risk appetite sagged tracking reports of a huge jump in the number of new cases of coronavirus infections in China amid a strengthening greenback. The Chinese yuan slipped by 0.14% at 6.9813 against the dollar, amid a flight for safe-haven assets. Technically, since the beginning of the week, the USDINR pair has been stuck in the range of 71.25–71.55 and forming an indecisive candlestick on the EOD chart, which is indicating for a range-bound to volatile momentum in the near future, and the pair is expected to trade in the above range unless there is a break on either side. However, uncertainty in global markets is indicating a probability for a bounce back from support levels of 71.30–71.25. On the downside, a break below 70.80 will lead to selling pressure and the pair may test the next support of 70.65–70.55. Trend: NeutralThe EURINR pair witnessed a 0.45% fall yesterday and settled at 77.7275 as compared to the previous day’s close of 78.0750. The pair dropped to the three month low of 77.70, on expectations of weak gross domestic product data from Germany amid dismal Eurozone industrial production data. Moreover, a fresh surge in coronavirus cases in China added to concerns about the impact of the outbreak on an already weak Eurozone economy, which also weighed on sentiment.   Technically, since 3 February 2020, the EURINR pair plunged more than 1.80% and is trading below its crucial support of 77.75. The formation a long bearish candlestick on the EOD chart is still indicating a bearish momentum in the near future. Today, a break below 77.50 will lead to a further fall in the pair and the next downside target is expected to be at 76.90–76.70. Alternatively, any rise towards 77.90-78.00 could attract near-term selling pressure and the stop-loss will be 78.50. Trend: Bearish The EURINR pair witnessed a 0.45% fall yesterday and settled at 77.7275 as compared to the previous day’s close of 78.0750. The pair dropped to the three month low of 77.70, on expectations of weak gross domestic product data from Germany amid dismal Eurozone industrial production data. Moreover, a fresh surge in coronavirus cases in China added to concerns about the impact of the outbreak on an already weak Eurozone economy, which also weighed on sentiment.     Technically, since 3 February 2020, the EURINR pair plunged more than 1.80% and is trading below its crucial support of 77.75. The formation a long bearish candlestick on the EOD chart is still indicating a bearish momentum in the near future. Today, a break below 77.50 will lead to a further fall in the pair and the next downside target is expected to be at 76.90–76.70. Alternatively, any rise towards 77.90-78.00 could attract near-term selling pressure and the stop-loss will be 78.50.   Trend: Bearish Major economic data and events released yesterday/earlier today       Major economic data & events scheduled for the day   Time Currency Economic indicators Forecast Previous Possible impact 13th-18th CNY Foreign Direct Investment ytd/y - 6.00% - 10:00am JPY Tertiary Industry Activity m/m 0.10% 1.30% Negative 12:30pm EUR German Prelim GDP q/q 0.10% 0.10% Neutral   EUR German WPI m/m 0.30% 0.00% Positive 1:00pm CHF PPI m/m 0.20% 0.10% Positive 2:30pm EUR Italian Trade Balance 5.23B 4.87B Positive 14th-15th CNY New Loans 3100B 1140B Positive 14th-15th CNY M2 Money Supply y/y 8.60% 8.70% Negative 3:30pm EUR Flash Employment Change q/q 0.10% 0.10% Neutral   EUR Flash GDP q/q 0.10% 0.10% Neutral   EUR Trade Balance 19.1B 19.2B Neutral 7:00pm USD Core Retail Sales m/m 0.30% 0.70% Negative   USD Retail Sales m/m 0.30% 0.30% Neutral   USD Import Prices m/m -0.20% 0.30% Negative 7:45pm USD Capacity Utilization Rate 76.90% 77.00% Negative   USD Industrial Production m/m -0.20% -0.30% Negative 8:30pm USD Prelim UoM Consumer Sentiment 99.5 99.8 Negative   USD Business Inventories m/m 0.10% -0.20% Positive   USD Prelim UoM Inflation Expectations - 2.50% - 10:15pm USD FOMC Member Mester Speaks - - - Impact: High | Low | Medium Note: Economic data expectations are based on median forecast by economists or Reuters and Bloomberg survey. Here, a positive impact indicates currency could appreciate and negative indicates currency could depreciate against the US dollar. Technical chart source: TickerNews Source: TickerNews, Forexfactory.com, forexlive.com, Reuters, and investing.com *DOS – Depends on Statement. DOV – Depends on Votes. Disclaimer: This document has been prepared by IndiaNivesh Securities Limited (IndiaNivesh), for use by the recipient as information only and is not for circulation or public distribution. This document is not to be reproduced, copied, redistributed or published or made available to others, in whole or in part without prior permission from us. This document is not to be construed as an offer to sell or the solicitation of an offer to buy any currency pair. Recipients of this document should be aware that past performance is not necessarily a guide for future performance and price and value of investments can go up or down. The suitability or otherwise of any investments will depend upon the recipients particular circumstances. The information contained in this document has been obtained from sources that are considered as reliable though its accuracy or Completeness has not been verified by IndiaNivesh independently and cannot be guaranteed. Neither IndiaNivesh nor any of its affiliates, its directors or its employees accepts any responsibility or whatever nature for the information, statements and opinion given, made available or expressed herein or for any omission or for any liability arising from the use of this document. Opinions expressed are our current opinions as of the date appearing on this material only. IndiaNivesh directors and its clients may have holdings in the currencies mentioned in the report. )