Daily Report

MONDAY 9 MAR 2020

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 Daily Report
MONDAY 9 MAR 2020

MARKETS AT A GLANCE
INDIAN MARKETS
INDICES VALUE CHANGE % CHANGE

NIFTY 10989.50 -279.50 -2.48

SENSEX 37576.62 -893.99 -2.32

BANKNIFTY 27801.50 -1013.85 -3.52

GLOBAL MARKETS INDIAN SECTORIAL INDICES

INDICES VALUE % change INDICES % change
NIFTY AUTO -1.08
DJIA 26,121.28 3.58
NIFTY FIN SERVICE -2.89

NIFTY FMCG -2.31

S&P 500 3,023.94 3.39
NIFTY IT -1.31
NASDAQ 8,738.59 -3.10
NIFTY MEDIA -4.84
FTSE 100 6,495.35 -3.13 NIFTY METAL -4.35
DAX 11,524.90 -3.51 NIFTY PHARMA -1.86
CAC 5,160.23 -3.75 NIFTY PSU BANK -5.25

NIKKEI 20,749.75 -2.72 NIFTY PVT BANK -3.81

NIFTY REALTY -3.06

HANGSENG 26,146.67 -2.32

MARKETS’ SUMMARY
 .At close, the Sensex was down 893.99 points or 2.32% at 37,576.62, and the Nifty was down
279.50 points or 2.48% at 10,989.50. About 538 shares have advanced, 1875 shares declined,
and 125 shares are unchanged.

 Tata Motors, Zee Entertainment, Tata Steel, SBI and IndusInd Bank were among major losers
on the Nifty, while gainers were Bajaj Auto, Maruti Suzuki, GAIL, and Asian Paints.

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 Daily Report
MONDAY 9 MAR 2020

DAILY NEWS

 The Indian stock market is trading off the day's low after banking and metal stocks dragged
the market lower amid fear of coronavirus and the YES Bank fiasco.

 In the morning session, Sensex and Nifty touched their lowest levels of 2020 but has recov-
ered some lost ground. Sensex is down 908.59 points or 2.36 percent at 37562.02, and the
Nifty shed 286.10 points or 2.54 percent at 10982.90.

 "Going ahead, despite elevated global volatility, we expect supportive efforts to emerge in
the range of 10,900-10,600. Empirically, over the past decade, secondary corrections to the
tune of 15 percent within the framework of a structural bull market is considered as a normal
bull market correction, offering a favourable risk reward," said ICICI Direct.

 Metals along with the banking names continues to remain the top losers. Metal stocks in-
cluding Tata Steel, JSW Steel, Jindal Steel & Power, Hindalco Industries, Vedanta, Welspun
Corp and NALCO were down 3-6 percent.

 Banking stocks came under pressure after the sell-off in the Yes Bank as RBI superseded the
bank's board and capped per day deposit withdrawal limit at Rs 50,000.

 Major global brokerages also remained bearish on the Yes Bank stock post the RBI action.

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 Daily Report
MONDAY 9 MAR 2020

MOVERS & SHAKERS

Gainers of the Day Losers of the Day
Symbol CMP % change Symbol CMP % change

BAJAJ-AUTO 2,745.00 1.53 YESBANK 16.60 -54.89

GAIL 107.70 0.84 TATAMOTORS 113.80 -9.50

MARUTI 6,393.10 0.43 ZEEL 220.80 -7.29

ASIANPAINT 1,882.00 0.40 SBIN 269.80 -6.48

EICHERMOT 17,810.00 0.19 TATASTEEL 351.55 -6.44

52 Weeks’ High 52 Weeks’ Low

Symbol LTP Change % change Symbol LTP Change % change

AXISGOLD 3,915.60 119.80 3.16 APOLLO 65.50 -4.55 -6.50

DIVISLAB 2,239.65 15.90 0.72 APCOTEXIND 102.85 3.15 3.16

ALICON 270.00 -10.95 -3.90

EBBETF0423 1,023.05 -0.39 -0.04

ADANIPORTS 341.20 -7.95 -2.2

EBBETF0430 1,044.75 2.47 0.24

IDBIGOLD 4,038.00 39.00 0.98 ACC 1,300.90 -1.70 -0.13

Volume Shockers OI Spurts

Symbol Volume % Change in
Symbol Change in OI
OI
ICICIM150 5,74,684
BANKNIFTY 1,65,806 42.45
DQE 11,49,733
RBLBANK 4,942 35.59
SMSPHARMA 10,55,699
SMSLIFE 1,53,857 MFSL 1,170 31.95
TRITURBINE 12,12,053
INDUSINDBK 9,201 21.45
ASIANHOTNR 4,60,866
VOLTAS 786 19.92
NETFNIF100 6,438

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 Daily Report
MONDAY 9 MAR 2020

RBI REFERENCE RATE

INR / 1 USD 73.28

INR / 1 EURO 81.61

INR / 100 Jap. YEN 68.27

INR / 1 POUND Sterling 94.36

FII DERIVATIVES STATISTICS

OPEN INTEREST AT THE END OF

BUY SELL
THE DAY

No. of con- Amt in No. of con- Amt in

No. of contracts Amt in Crores
tracts Crores tracts Crores

INDEX FUTURES 103717 7369.63 108968 7711.36 211245 16871.36

INDEX OPTIONS 10730695 698365.17 10690826 695737.92 655687 53616.07

STOCK FUTURES 276384 17481.24 259121 16443.01 1447616 89167.25

STOCK OPTIONS 67917 4770.72 66506 4675.33 57870 3667.45

-3419.14

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 Daily Report
MONDAY 9 MAR 2020

TECHNICAL RECOMMENDATIONS

1 PEL FUTURE : (BUY )

PIVOT LEVELS

R2 R1 PIVOT S1 S2

1,369.82 1,327.73 1,278.32 1,236.23 1,186.82

PEL FUTURE : AFTER FORMING

GAPDOWN OPENING , SCRIPT FORMED
DOWNTREND WITH HEAVY VOLIME AS
UNDERLYING MARKET SHOWN WAEK-
NESS IN LAST SESSION, , FORMING SMALL
DOJI CANDLE AT THE BOTTOM OF THE
FORMATION, BULLISH REVERSAL CAN BE
SEEN,

SO WE ADVISE TO BUY IT ABOVE 1300

TGT 1320-1340 SL BELOW 1280,

1. SRTR FINANCE FUTURE (SELL)

PIVOT LEVELS

R2 R1 PIVOT S1 S2

1,185.47 1,146.73 1,089.87 1,051.13 994.27

SRTR FINANCE FUTURE AFTER

FORMING GAPDOWN OPENING IN LAST
SESSION ,SEEMS LIKE SELLERS ARE MORE
ANXIOUS FOR TOP REVERSAL FORMING
DEAD CAT BOUNCE AFTER BREAKDOWN
FROM MAJOR SUPPORT ,

SO WE ADVISE TO SELL IT BELOW 1100

TGT 1080-1060 SL ABOVE 1120,

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 Daily Report
MONDAY 9 MAR 2020

TECHNICAL RECOMMENDATIONS

TECHNICAL VIEW : PEL LTD( BUY )

PIVOT LEVELS

R2 R1 PIVOT S1 S2

1,375.27 1,337.63 1,299.32 1,261.68 1,223.37

PEL LTD: AFTER FORMING GAPDOWN

OPENING , SCRIPT FORMED DOWNTREND
WITH HEAVY VOLIME AS UNDERLYING
MARKET SHOWN WAEKNESS IN LAST SES-
SION, , FORMING SMALL DOJI CANDLE AT
THE BOTTOM OF THE FORMATION, BULLISH
REVERSAL CAN BE SEEN,

SO WE ADVISE TO BUY IT ABOVE 1310 TGT

1340-1370 SL BELOW 1280,

TECHNICAL VIEW: SRTR FINANCE LTD CASH (SELL)

PIVOT LEVELS

R2 R1 PIVOT S1 S2

1,207.87 1,156.38 1,077.52 1,026.03 947.17

SRTR FINANCE LTD AFTER FORM-

ING GAPDOWN OPENING IN LAST SES-
SION ,SEEMS LIKE SELLERS ARE MORE
ANXIOUS FOR TOP REVERSAL FORMING
DEAD CAT BOUNCE AFTER BREAKDOWN
FROM MAJOR SUPPORT ,

SO WE ADVISE TO SELL IT BELOW 1100

TGT 1070-1040 SL ABOVE 1130,

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 Daily Report
MONDAY 9 MAR 2020

TECHNICAL RECOMMENDATIONS

3. NIFTY FUTURE (SELL )

PIVOT LEVELS
R2 R1 PIVOT S1 S2

11,087.63 11,007.57 10,918.83 10,838.77 10,750.03

NIFTY FUTURE: IN LAST SESSION NIFTY

FORMED GAPDOWN OPENING ,FORMING
SPINNING TOP CANDLE AT THE TOP OF THE
FORMATION,SEEMS LIKE BUYERS LOOSING
MOMENTUM,NIFTY APPROACHING TOW-
WARDS LOWER BOUNDS , TOP REVERSAL
CAN BE SEEN FROM 10900 LEVELS,

SO WE ADVISE TO SELL IT BELOW 10900 TGT

10850-10800 SL ABOVE 10950

4. BANK NIFTY FUTURE (SELL )

PIVOT LEVELS
R2 R1 PIVOT S1 S2

28,481.53 28,115.77 27,697.88 27,332.12 26,914.23

BANK NIFTY FUTURE:IN LAST SESSION

BANKNIFTY FORMED GAPDOWN OPEN-
ING ,FORMING MARUBOZU CANDLE AT THE
TOP OF THE FORMATION,SEEMS LIKE BUYERS
LOOSING MOMENTUM,BANKNIFTY AP-
PROACHING TOWWARDS LOWER BOUNDS ,
TOP REVERSAL CAN BE SEEN FROM 27700
LEVELS,

SO WE ADVISE TO SELL IT BELOW 27700 TGT

27600-27500 SL ABOVE 27800

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 Daily Report
MONDAY 9 MAR 2020

PREVIOUS DAY’S PERFORMANCE

SEG-
CALL ADVISE ENTRY TGT SL STATUS
MENT

NIFTY INDEX SELL 11230 11180-11130 11280 FINAL TGT

BANKNIFTY INDEX SELL 28700 28600-28500 28800 FINAL TGT

ZEEL CASH BUY 242 247-252 237 NOT EXECUTED

CHOLAFINANCE CASH BUY 291 296-301 285 NOT EXECUTED

ZEEL FUTURE BUY 241 243-245 239 NOT EXECUTED

CHOLAFINANCE FUTURE BUY 291 294-297 288 NOT EXECUTED

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vestment in the securities of the companies referred to in this document including the merits and risks involved, and
should consult their own advisors to determine the merits and risks of such an investment. Reports based on technical
and derivative analysis center on studying charts of a stock's price movement, outstanding positions and trading vol-
ume. The information in this document has been printed on the basis of publicly available information, internal data and
other reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be
relied on as such, as this document is for general guidance only. Trade Nivesh shall not be in any way responsible for
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