< The domestic markets continued their southward journey for yet another session yesterday. The index NIFTY spot started the session on a flat note to register an intraday high of 12,164. However, the selling pressure aggravated as the day progressed, dragging the index below the 12,100 mark to close with a loss of 63 points. Meanwhile, the NIFTY BANK index lost another 76 points from its previous close.
< Initially, the market breadth remained in favour of advancing counters during the first half but turned negative as the day progressed with 504 advances vs 1,149 declines. On the sectoral front, apart from NIFTY IT and NIFTY FIN SERV, all other group indices ended in the red. Among the losers, the NIFTY METAL and NIFTY AUTO counters ended with a significant cut. The broader market indices like NIFTY MIDCAP 100 and NIFTY SMLCAP 100 ended with marginal loss.
Market Outlook
< In our previous report, we discussed that the index NIFTY is hovering near the recent swing low of 12,090 and a breach of this level might drag the index towards 12,000 or lower levels. In line with this view, the NIFTY made a low of 12,024 once it started trading below the 12,090 mark. Now going ahead, 12,000–11,920 levels are likely to act as a decisive support for the market.
< A breach of this level would confirm a top formation for the time being. On the upside, the intermediate resistances are placed in the 12,100–12,170 zone, but on a broader perspective, 12,400–12,600 could be a supply zone since that is the placement of a couple of rising trend line resistances on the larger degree charts.
Bank Nifty Outlook
< Although the index NIFTY breached its previous swing low of 12,090 but the NIFTY BANK index remained resilient yesterday and managed to stay above the swing low of 30,614. Going ahead, 30,600 would remain a crucial support for the index. A breach of this mark might gradually drag the index towards 29,500, which is the target of a head-and-shoulder breakdown.
< On the upside, 31,000–31,200 could be the intermediate resistance for the coming sessions.
Exhibit 4: Participants Activity
FII STATS
FII (Activity in no. of Contracts)
in Rs. Cr.
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
-540.79
919
8735
-7,816
Short addition
-53665
INDEX CALLS
-549.11
-3828
14446
-18,274
Sold CE and Bought PE
46166
INDEX PUTS
9524
-1449
10,973
81157
NET
-2047.34
Bearish
PROP (Activity in no. of Contracts)
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
793
-2468
3,261
Short covering
7132
INDEX CALLS
5345
41197
-35,852
Sold CE
-185109
INDEX PUTS
2761
4635
-1,874
-216154
Bearish
Source: Company, IndiaNivesh Research
Note on Participants Activity
< In index futures, FIIs remained bearish by adding fresh short positions. However in index options they added further bearish bets by buying some PE and selling CE options.
< In rupee terms, FII sold index futures of 541 crores and index options they were sellers of 549 crores.
< In cash segment, FII were sellers of around 1358 crores while DIIs bought equities worth 712 crores.
Derivative Outlook
< Yesterday’s price action of NIFTY future was bearish with rise in OI by +0.54%. Even the volumes were very high bt that indicates only intraday participation.
< The premium of NIFTY Future is now at 12 from 6 points. The PCR has reached 1.00 from 1.66 which is a comfortable level. We expect some bounce again in the markets.
< As per the NIFTY option chain overall OI at 12000 strike PE is now at 3.4 million shares which can act as support. On the upside, there is OI built up in 12200 CE options of around 5.6 million shares which indicate resistance there.
Exhibit 6: LONG BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
NIFTYIT
16355
0.06%
8250
13.01%
MCDOWELL-N
655.95
13.66%
14095000
11.18%
SRF
3757.7
2.16%
881500
6.14%
NIITTECH
1987.15
2.23%
1143375
5.61%
TATAPOWER
60.7
0.08%
83466000
5.54%
Source: Company, IndiaNivesh Research
Exhibit 7: SHORT BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
TORNTPHARM
1915.6
-5.52%
582500
25.67%
CESC
733.9
-1.78%
2204800
24.48%
ESCORTS
728.75
-0.11%
6415200
17.89%
TATAGLOBAL
381.6
-0.39%
16259400
9.57%
BHARATFORG
500.6
-1.79%
9596600
8.02%
Source: Company, IndiaNivesh Research
Exhibit 8: LONG UNWINDING
SYMBOL
Close
Price change %
OI
OI Change %
NIFTYIT
16346
-0.57%
7300
-11.52%
YESBANK
42.4
-0.93%
242334400
-11.00%
BALKRISIND
1075.2
-2.96%
1703200
-10.02%
WIPRO
245.55
-1.11%
23033600
-9.61%
NBCC
37.15
-1.07%
25768600
-9.58%
Source: Company, IndiaNivesh Research
Exhibit 9: SHORT COVERING
SYMBOL
Close
Price change %
OI
OI Change %
CASTROLIND
132.8
3.03%
4305000
-28.81%
DISHTV
14.8
6.86%
68841900
-11.69%
PFC
116.25
0.22%
43400000
-9.08%
IOC
118.05
0.47%
100764000
-8.00%
KOTAKBANK
1625.4
0.43%
8364800
-6.16%
Source: Company, IndiaNivesh Research
Nifty 50 Pivots
SYMBOL
Close
S2
S1
Pivot
R1
R2
ADANIPORTS
372.95
363.58
368.27
374.88
379.57
386.18
ASIANPAINT
1779.10
1761.03
1770.07
1782.03
1791.07
1803.03
AXISBANK
737.15
728.05
732.60
739.55
744.10
751.05
BAJAJ-AUTO
3060.90
3011.23
3036.07
3072.83
3097.67
3134.43
BAJFINANCE
4213.00
4105.20
4159.10
4204.05
4257.95
4302.90
BAJAJFINSV
9631.30
9443.77
9537.53
9623.77
9717.53
9803.77
BPCL
480.95
462.28
471.62
476.93
486.27
491.58
BHARTIARTL
491.25
468.95
480.10
497.25
508.40
525.55
INFRATEL
237.60
226.77
232.18
238.07
243.48
249.37
BRITANNIA
3181.25
3102.48
3141.87
3175.88
3215.27
3249.28
CIPLA
464.70
454.83
459.77
463.88
468.82
472.93
COALINDIA
189.15
184.75
186.95
190.60
192.80
196.45
DRREDDY
3189.15
3106.75
3147.95
3198.95
3240.15
3291.15
EICHERMOT
21086.65
20710.88
20898.77
21062.88
21250.77
21414.88
GAIL
126.15
124.02
125.08
126.27
127.33
128.52
GRASIM
808.90
783.40
796.15
810.00
822.75
836.60
HCLTECH
601.45
585.72
593.58
600.47
608.33
615.22
HDFCBANK
1223.20
1206.87
1215.03
1221.42
1229.58
1235.97
HEROMOTOCO
2468.85
2403.65
2436.25
2472.60
2505.20
2541.55
HINDALCO
196.00
191.33
193.67
196.53
198.87
201.73
HINDUNILVR
2060.60
2033.80
2047.20
2056.10
2069.50
2078.40
HDFC
2431.60
2376.07
2403.83
2437.77
2465.53
2499.47
ICICIBANK
528.20
514.93
521.57
531.08
537.72
547.23
ITC
230.75
226.98
228.87
232.38
234.27
237.78
IOC
117.90
114.70
116.30
117.95
119.55
121.20
INDUSINDBK
1254.75
1215.32
1235.03
1259.97
1279.68
1304.62
INFY
778.00
767.47
772.73
777.27
782.53
787.07
JSWSTEEL
255.25
246.05
250.65
256.20
260.80
266.35
KOTAKBANK
1626.05
1597.02
1611.53
1624.77
1639.28
1652.52
LT
1346.65
1329.55
1338.10
1346.55
1355.10
1363.55
M&M
572.50
555.67
564.08
576.92
585.33
598.17
MARUTI
6997.05
6803.05
6900.05
7060.00
7157.00
7316.95
NTPC
112.05
109.38
110.72
112.23
113.57
115.08
NESTLEIND
15416.65
15154.62
15285.63
15497.82
15628.83
15841.02
ONGC
116.60
114.53
115.57
116.63
117.67
118.73
POWERGRID
190.45
186.95
188.70
190.85
192.60
194.75
RELIANCE
1471.75
1435.38
1453.57
1481.78
1499.97
1528.18
SBIN
315.10
306.43
310.77
315.38
319.72
324.33
SUNPHARMA
452.90
440.03
446.47
454.48
460.92
468.93
TCS
2183.75
2138.72
2161.23
2174.52
2197.03
2210.32
TATAMOTORS
176.10
169.03
172.57
178.43
181.97
187.83
TATASTEEL
54.95
52.18
53.57
55.58
56.97
58.98
TECHM
794.25
780.38
787.32
791.53
798.47
802.68
TITAN
1195.00
1167.07
1181.03
1202.27
1216.23
1237.47
UPL
536.95
524.58
530.77
539.38
545.57
554.18
ULTRACEMCO
4609.05
4505.15
4557.10
4636.45
4688.40
4767.75
VEDL
142.20
137.63
139.92
143.83
146.12
150.03
WIPRO
244.05
239.68
241.87
243.98
246.17
248.28
YESBANK
41.65
40.02
40.83
42.07
42.88
44.12
ZEEL
272.50
265.40
268.95
275.30
278.85
285.20
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."
Posted by Mehul Kothari | Published on 29-JAN-2020
Currency pivot levels
Currency pair
Close
Change (%)
Resistance 1
Resistance 2
Pivot
Support 1
Support2
USDINR
71.3675
-0.13
71.4583
71.5492
71.3642
71.2733
71.1792
EURINR
78.65
-0.21
78.7783
78.9067
78.6617
78.5333
78.4167
GBPINR
92.88
-0.7
93.2400
93.6000
93.0100
92.6500
92.4200
JPYINR
65.55
-0.12
65.6758
65.8017
65.5042
65.3783
65.2067
Cross-currency update
Currency pair
Close
Change (%)
Dollar index
97.96
0.02
EURUSD
1.1021
0.03
GBPUSD
1.3026
-0.23
USDJPY
109.12
0.21
USDINR 26 February 2020 expiry option update
Options
LTP
Change (%)
OI
OI (Prev.)
CE 72.50
0.09
-23.4
46269
22.07
CE 72.00
0.1975
-18.56
128100
6.27
CE 71.50
0.39
-15.22
99221
27.12
CE 71.00
0.6875
-11.29
121699
20.25
CE 70.50
1.08
-10.19
22533
134.87
PE 72.00
1.04
8.62
4105
67.83
PE 71.50
0.65
12.55
87129
6.71
PE 71.00
0.3475
13.01
44485
20.78
PE 70.50
0.15
13.21
99695
10.66
PE 70.00
0.05
0
49447
28.72
Note: Previous day’s movement in option activities
RBI reference rate (28 January 2020)
1 USD
1 GBP
1 EURO
100 YEN
71.3263
93.0918
78.6211
65.4100
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
5:20am
JPY
BOJ Summary of Opinions
-
-
-
All Day
CNY
Bank Holiday
-
-
-
5:31am
GBP
BRC Shop Price Index y/y
-
-0.40%
-
6:00am
AUD
CPI q/q
0.60%
0.50%
Positive
AUD
Trimmed Mean CPI q/q
0.40%
0.40%
Neutral
10:30am
JPY
Consumer Confidence
39.6
39.1
Positive
12:30pm
EUR
German GfK Consumer Climate
9.6
9.6
Neutral
EUR
German Import Prices m/m
0.20%
0.50%
Negative
GBP
Nationwide HPI m/m
0.30%
0.10%
Positive
29th-30th
CNY
Foreign Direct Investment ytd/y
-
6.00%
-
2:30pm
CHF
Credit Suisse Economic Expectations
-
12.5
-
EUR
M3 Money Supply y/y
5.50%
5.60%
Negative
EUR
Private Loans y/y
3.50%
3.50%
Neutral
7:00pm
USD
Goods Trade Balance
-64.5B
-63.2B
Neutral
USD
Prelim Wholesale Inventories m/m
0.10%
-0.10%
Positive
8:30pm
USD
Pending Home Sales m/m
0.50%
1.20%
Negative
9:00pm
USD
Crude Oil Inventories
0.2M
-0.4M
Negative
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.)
Share Market Today 29th January 2020 - Get Daily Stock Market Report
Market Recap
< The domestic markets continued their southward journey for yet another session yesterday. The index NIFTY spot started the session on a flat note to register an intraday high of 12,164. However, the selling pressure aggravated as the day progressed, dragging the index below the 12,100 mark to close with a loss of 63 points. Meanwhile, the NIFTY BANK index lost another 76 points from its previous close.
< Initially, the market breadth remained in favour of advancing counters during the first half but turned negative as the day progressed with 504 advances vs 1,149 declines. On the sectoral front, apart from NIFTY IT and NIFTY FIN SERV, all other group indices ended in the red. Among the losers, the NIFTY METAL and NIFTY AUTO counters ended with a significant cut. The broader market indices like NIFTY MIDCAP 100 and NIFTY SMLCAP 100 ended with marginal loss.
Market Outlook
< In our previous report, we discussed that the index NIFTY is hovering near the recent swing low of 12,090 and a breach of this level might drag the index towards 12,000 or lower levels. In line with this view, the NIFTY made a low of 12,024 once it started trading below the 12,090 mark. Now going ahead, 12,000–11,920 levels are likely to act as a decisive support for the market.
< A breach of this level would confirm a top formation for the time being. On the upside, the intermediate resistances are placed in the 12,100–12,170 zone, but on a broader perspective, 12,400–12,600 could be a supply zone since that is the placement of a couple of rising trend line resistances on the larger degree charts.
Bank Nifty Outlook
< Although the index NIFTY breached its previous swing low of 12,090 but the NIFTY BANK index remained resilient yesterday and managed to stay above the swing low of 30,614. Going ahead, 30,600 would remain a crucial support for the index. A breach of this mark might gradually drag the index towards 29,500, which is the target of a head-and-shoulder breakdown.
< On the upside, 31,000–31,200 could be the intermediate resistance for the coming sessions.
Exhibit 4: Participants Activity
FII STATS
FII (Activity in no. of Contracts)
in Rs. Cr.
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
-540.79
919
8735
-7,816
Short addition
-53665
INDEX CALLS
-549.11
-3828
14446
-18,274
Sold CE and Bought PE
46166
INDEX PUTS
9524
-1449
10,973
81157
NET
-2047.34
Bearish
PROP (Activity in no. of Contracts)
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
793
-2468
3,261
Short covering
7132
INDEX CALLS
5345
41197
-35,852
Sold CE
-185109
INDEX PUTS
2761
4635
-1,874
-216154
Bearish
Source: Company, IndiaNivesh Research
Note on Participants Activity
< In index futures, FIIs remained bearish by adding fresh short positions. However in index options they added further bearish bets by buying some PE and selling CE options.
< In rupee terms, FII sold index futures of 541 crores and index options they were sellers of 549 crores.
< In cash segment, FII were sellers of around 1358 crores while DIIs bought equities worth 712 crores.
Derivative Outlook
< Yesterday’s price action of NIFTY future was bearish with rise in OI by +0.54%. Even the volumes were very high bt that indicates only intraday participation.
< The premium of NIFTY Future is now at 12 from 6 points. The PCR has reached 1.00 from 1.66 which is a comfortable level. We expect some bounce again in the markets.
< As per the NIFTY option chain overall OI at 12000 strike PE is now at 3.4 million shares which can act as support. On the upside, there is OI built up in 12200 CE options of around 5.6 million shares which indicate resistance there.
Exhibit 6: LONG BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
NIFTYIT
16355
0.06%
8250
13.01%
MCDOWELL-N
655.95
13.66%
14095000
11.18%
SRF
3757.7
2.16%
881500
6.14%
NIITTECH
1987.15
2.23%
1143375
5.61%
TATAPOWER
60.7
0.08%
83466000
5.54%
Source: Company, IndiaNivesh Research
Exhibit 7: SHORT BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
TORNTPHARM
1915.6
-5.52%
582500
25.67%
CESC
733.9
-1.78%
2204800
24.48%
ESCORTS
728.75
-0.11%
6415200
17.89%
TATAGLOBAL
381.6
-0.39%
16259400
9.57%
BHARATFORG
500.6
-1.79%
9596600
8.02%
Source: Company, IndiaNivesh Research
Exhibit 8: LONG UNWINDING
SYMBOL
Close
Price change %
OI
OI Change %
NIFTYIT
16346
-0.57%
7300
-11.52%
YESBANK
42.4
-0.93%
242334400
-11.00%
BALKRISIND
1075.2
-2.96%
1703200
-10.02%
WIPRO
245.55
-1.11%
23033600
-9.61%
NBCC
37.15
-1.07%
25768600
-9.58%
Source: Company, IndiaNivesh Research
Exhibit 9: SHORT COVERING
SYMBOL
Close
Price change %
OI
OI Change %
CASTROLIND
132.8
3.03%
4305000
-28.81%
DISHTV
14.8
6.86%
68841900
-11.69%
PFC
116.25
0.22%
43400000
-9.08%
IOC
118.05
0.47%
100764000
-8.00%
KOTAKBANK
1625.4
0.43%
8364800
-6.16%
Source: Company, IndiaNivesh Research
Nifty 50 Pivots
SYMBOL
Close
S2
S1
Pivot
R1
R2
ADANIPORTS
372.95
363.58
368.27
374.88
379.57
386.18
ASIANPAINT
1779.10
1761.03
1770.07
1782.03
1791.07
1803.03
AXISBANK
737.15
728.05
732.60
739.55
744.10
751.05
BAJAJ-AUTO
3060.90
3011.23
3036.07
3072.83
3097.67
3134.43
BAJFINANCE
4213.00
4105.20
4159.10
4204.05
4257.95
4302.90
BAJAJFINSV
9631.30
9443.77
9537.53
9623.77
9717.53
9803.77
BPCL
480.95
462.28
471.62
476.93
486.27
491.58
BHARTIARTL
491.25
468.95
480.10
497.25
508.40
525.55
INFRATEL
237.60
226.77
232.18
238.07
243.48
249.37
BRITANNIA
3181.25
3102.48
3141.87
3175.88
3215.27
3249.28
CIPLA
464.70
454.83
459.77
463.88
468.82
472.93
COALINDIA
189.15
184.75
186.95
190.60
192.80
196.45
DRREDDY
3189.15
3106.75
3147.95
3198.95
3240.15
3291.15
EICHERMOT
21086.65
20710.88
20898.77
21062.88
21250.77
21414.88
GAIL
126.15
124.02
125.08
126.27
127.33
128.52
GRASIM
808.90
783.40
796.15
810.00
822.75
836.60
HCLTECH
601.45
585.72
593.58
600.47
608.33
615.22
HDFCBANK
1223.20
1206.87
1215.03
1221.42
1229.58
1235.97
HEROMOTOCO
2468.85
2403.65
2436.25
2472.60
2505.20
2541.55
HINDALCO
196.00
191.33
193.67
196.53
198.87
201.73
HINDUNILVR
2060.60
2033.80
2047.20
2056.10
2069.50
2078.40
HDFC
2431.60
2376.07
2403.83
2437.77
2465.53
2499.47
ICICIBANK
528.20
514.93
521.57
531.08
537.72
547.23
ITC
230.75
226.98
228.87
232.38
234.27
237.78
IOC
117.90
114.70
116.30
117.95
119.55
121.20
INDUSINDBK
1254.75
1215.32
1235.03
1259.97
1279.68
1304.62
INFY
778.00
767.47
772.73
777.27
782.53
787.07
JSWSTEEL
255.25
246.05
250.65
256.20
260.80
266.35
KOTAKBANK
1626.05
1597.02
1611.53
1624.77
1639.28
1652.52
LT
1346.65
1329.55
1338.10
1346.55
1355.10
1363.55
M&M
572.50
555.67
564.08
576.92
585.33
598.17
MARUTI
6997.05
6803.05
6900.05
7060.00
7157.00
7316.95
NTPC
112.05
109.38
110.72
112.23
113.57
115.08
NESTLEIND
15416.65
15154.62
15285.63
15497.82
15628.83
15841.02
ONGC
116.60
114.53
115.57
116.63
117.67
118.73
POWERGRID
190.45
186.95
188.70
190.85
192.60
194.75
RELIANCE
1471.75
1435.38
1453.57
1481.78
1499.97
1528.18
SBIN
315.10
306.43
310.77
315.38
319.72
324.33
SUNPHARMA
452.90
440.03
446.47
454.48
460.92
468.93
TCS
2183.75
2138.72
2161.23
2174.52
2197.03
2210.32
TATAMOTORS
176.10
169.03
172.57
178.43
181.97
187.83
TATASTEEL
54.95
52.18
53.57
55.58
56.97
58.98
TECHM
794.25
780.38
787.32
791.53
798.47
802.68
TITAN
1195.00
1167.07
1181.03
1202.27
1216.23
1237.47
UPL
536.95
524.58
530.77
539.38
545.57
554.18
ULTRACEMCO
4609.05
4505.15
4557.10
4636.45
4688.40
4767.75
VEDL
142.20
137.63
139.92
143.83
146.12
150.03
WIPRO
244.05
239.68
241.87
243.98
246.17
248.28
YESBANK
41.65
40.02
40.83
42.07
42.88
44.12
ZEEL
272.50
265.40
268.95
275.30
278.85
285.20
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."
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Share Market Today 28th January 2020 - Get Daily Stock Market Report
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 -2269.16 -7763 16407 -24,170 Short addition -45849 INDEX CALLS 437.82 10009 7854 2,155 Bought CE and PE 64440 INDEX PUTS 9671 7099 2,572 81157 NET -2522.49 Bearish PROP (Activity in no. of Contracts) Bought Sold Net Chg Conclusion NET OI INDEX FUTURES 15630 -3252 18,882 Long Addition 3871 INDEX CALLS 807 100071 -99,264 Sold CE -149257 INDEX PUTS 12346 -28655 41,001 -216154 Bearish Note on Participants Activity Derivative Outlook As per the NIFTY option chain overall OI at 12000 strike PE is now at 3.9 million shares which can act as support. On the upside, there is OI built up in 12200 CE options of around 5.5 million shares which indicate resistance there. Exhibit 6: LONG BUILT UP SYMBOL Close Price change % OI OI Change % CHOLAFIN 330.5 1.66% 5607500 35.86% JUBLFOOD 1816.25 0.48% 3683000 30.60% DRREDDY 3192.9 5.11% 3682750 11.84% ESCORTS 729.55 0.83% 5441700 10.01% LUPIN 751.15 1.40% 9690800 9.50% Source: Company, IndiaNivesh Research Exhibit 7: SHORT BUILT UP SYMBOL Close Price change % OI OI Change % TORNTPHARM 2027.55 -0.63% 463500 21.02% RAMCOCEM 860.45 -1.23% 2084800 14.95% SRTRANSFIN 1077 -0.88% 4747200 11.70% ONGC 116.65 -1.14% 63275300 10.81% BANKNIFTY 30879.05 -1.44% 1751880 10.38% Source: Company, IndiaNivesh Research Exhibit 8: LONG UNWINDING SYMBOL Close Price change % OI OI Change % NIFTYIT 16346 -0.57% 7300 -11.52% YESBANK 42.4 -0.93% 242334400 -11.00% BALKRISIND 1075.2 -2.96% 1703200 -10.02% WIPRO 245.55 -1.11% 23033600 -9.61% NBCC 37.15 -1.07% 25768600 -9.58% Source: Company, IndiaNivesh Research Exhibit 9: SHORT COVERING SYMBOL Close Price change % OI OI Change % UJJIVAN 366.2 0.66% 7026100 -5.77% AXISBANK 740.1 0.14% 49698000 -5.51% PIDILITIND 1474.1 1.03% 3013000 -5.13% AUROPHARMA 510.7 1.96% 16018000 -2.63% PEL 1697.3 1.21% 5401629 -2.47% Source: Company, IndiaNivesh Research Nifty 50 Pivots SYMBOL Close S2 S1 Pivot R1 R2 ADANIPORTS 381.25 375.98 378.62 382.43 385.07 388.88 ASIANPAINT 1788.35 1765.62 1776.98 1791.37 1802.73 1817.12 AXISBANK 740.25 722.45 731.35 739.90 748.80 757.35 BAJAJ-AUTO 3082.60 3004.30 3043.45 3083.20 3122.35 3162.10 BAJFINANCE 4164.35 4121.45 4142.90 4175.45 4196.90 4229.45 BAJAJFINSV 9557.60 9466.60 9512.10 9580.50 9626.00 9694.40 BPCL 467.75 458.72 463.23 467.52 472.03 476.32 BHARTIARTL 514.40 504.60 509.50 516.80 521.70 529.00 INFRATEL 241.85 236.95 239.40 241.45 243.90 245.95 BRITANNIA 3174.20 3124.73 3149.47 3179.73 3204.47 3234.73 CIPLA 464.45 449.42 456.93 461.72 469.23 474.02 COALINDIA 193.35 190.45 191.90 193.45 194.90 196.45 DRREDDY 3188.75 2920.25 3054.50 3131.75 3266.00 3343.25 EICHERMOT 21095.20 20624.53 20859.87 21010.33 21245.67 21396.13 GAIL 126.75 124.05 125.40 127.45 128.80 130.85 GRASIM 813.10 793.10 803.10 820.00 830.00 846.90 HCLTECH 604.35 598.45 601.40 604.70 607.65 610.95 HDFCBANK 1213.20 1196.73 1204.97 1219.98 1228.22 1243.23 HEROMOTOCO 2455.75 2386.32 2421.03 2459.77 2494.48 2533.22 HINDALCO 198.25 193.58 195.92 199.73 202.07 205.88 HINDUNILVR 2061.35 2050.28 2055.82 2062.28 2067.82 2074.28 HDFC 2395.80 2353.27 2374.53 2409.77 2431.03 2466.27 ICICIBANK 537.25 524.42 530.83 537.92 544.33 551.42 ITC 234.60 232.33 233.47 235.43 236.57 238.53 IOC 117.45 115.02 116.23 118.22 119.43 121.42 INDUSINDBK 1271.20 1235.73 1253.47 1282.73 1300.47 1329.73 INFY 778.10 768.70 773.40 779.10 783.80 789.50 JSWSTEEL 262.80 254.73 258.77 262.33 266.37 269.93 KOTAKBANK 1618.35 1597.98 1608.17 1618.58 1628.77 1639.18 LT 1348.60 1326.27 1337.43 1351.17 1362.33 1376.07 M&M 578.30 555.10 566.70 574.60 586.20 594.10 MARUTI 7148.80 6980.93 7064.87 7144.93 7228.87 7308.93 NTPC 113.15 110.98 112.07 113.68 114.77 116.38 NESTLEIND 15666.05 15405.28 15535.67 15690.33 15820.72 15975.38 ONGC 117.25 115.82 116.53 117.52 118.23 119.22 POWERGRID 193.00 189.77 191.38 193.92 195.53 198.07 RELIANCE 1506.55 1492.55 1499.55 1512.00 1519.00 1531.45 SBIN 316.20 311.80 314.00 318.00 320.20 324.20 SUNPHARMA 448.40 437.90 443.15 447.45 452.70 457.00 TCS 2169.25 2147.45 2158.35 2175.90 2186.80 2204.35 TATAMOTORS 182.20 177.27 179.73 183.32 185.78 189.37 TATASTEEL 57.05 54.72 55.88 57.67 58.83 60.62 TECHM 791.50 772.53 782.02 789.13 798.62 805.73 TITAN 1213.80 1189.50 1201.65 1221.00 1233.15 1252.50 UPL 537.25 525.68 531.47 540.78 546.57 555.88 ULTRACEMCO 4676.95 4552.25 4614.60 4684.35 4746.70 4816.45 VEDL 148.85 144.82 146.83 150.12 152.13 155.42 WIPRO 245.35 242.85 244.10 246.00 247.25 249.15 YESBANK 42.40 40.97 41.68 42.57 43.28 44.17 ZEEL 278.95 271.98 275.47 278.68 282.17 285.38 Note: The levels for TATASTEEL are of TATASTEEL Partly Paid up Share. )
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Currency Updates 29th January 2020 - Get Daily Currency Updates
Currency pivot levels Currency pair Close Change (%) Resistance 1 Resistance 2 Pivot Support 1 Support2 USDINR 71.3675 -0.13 71.4583 71.5492 71.3642 71.2733 71.1792 EURINR 78.65 -0.21 78.7783 78.9067 78.6617 78.5333 78.4167 GBPINR 92.88 -0.7 93.2400 93.6000 93.0100 92.6500 92.4200 JPYINR 65.55 -0.12 65.6758 65.8017 65.5042 65.3783 65.2067 Cross-currency update Currency pair Close Change (%) Dollar index 97.96 0.02 EURUSD 1.1021 0.03 GBPUSD 1.3026 -0.23 USDJPY 109.12 0.21 USDINR 26 February 2020 expiry option update Options LTP Change (%) OI OI (Prev.) CE 72.50 0.09 -23.4 46269 22.07 CE 72.00 0.1975 -18.56 128100 6.27 CE 71.50 0.39 -15.22 99221 27.12 CE 71.00 0.6875 -11.29 121699 20.25 CE 70.50 1.08 -10.19 22533 134.87 PE 72.00 1.04 8.62 4105 67.83 PE 71.50 0.65 12.55 87129 6.71 PE 71.00 0.3475 13.01 44485 20.78 PE 70.50 0.15 13.21 99695 10.66 PE 70.00 0.05 0 49447 28.72 Note: Previous day’s movement in option activities RBI reference rate (28 January 2020) 1 USD 1 GBP 1 EURO 100 YEN 71.3263 93.0918 78.6211 65.4100 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 5:20am JPY BOJ Summary of Opinions - - - All Day CNY Bank Holiday - - - 5:31am GBP BRC Shop Price Index y/y - -0.40% - 6:00am AUD CPI q/q 0.60% 0.50% Positive AUD Trimmed Mean CPI q/q 0.40% 0.40% Neutral 10:30am JPY Consumer Confidence 39.6 39.1 Positive 12:30pm EUR German GfK Consumer Climate 9.6 9.6 Neutral EUR German Import Prices m/m 0.20% 0.50% Negative GBP Nationwide HPI m/m 0.30% 0.10% Positive 29th-30th CNY Foreign Direct Investment ytd/y - 6.00% - 2:30pm CHF Credit Suisse Economic Expectations - 12.5 - EUR M3 Money Supply y/y 5.50% 5.60% Negative EUR Private Loans y/y 3.50% 3.50% Neutral 7:00pm USD Goods Trade Balance -64.5B -63.2B Neutral USD Prelim Wholesale Inventories m/m 0.10% -0.10% Positive 8:30pm USD Pending Home Sales m/m 0.50% 1.20% Negative 9:00pm USD Crude Oil Inventories 0.2M -0.4M Negative 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.)