DAILY NEWS LETTER

Date: 12 .02.2020

Nifty Short Term Trend The Nifty50 recouped all the previous day's losses and closed higher amid positive global cues, and the landslide win for Aam Aadmi Party in Delhi Assembly elections. The index climbed over 12,100 levels, but wiped off all intraday gains in the afternoon and formed Gravestone Doji pattern on daily charts. The index has been consolidating between 12000 and 12172 zones in the last four trading sessions where declines are being bought but supply pressure is intact at higher levels. Albeit Nifty50 witnessed a strong opening which erased losses of last Monday, it registered a Gravestone Doji kind of formation as bulls given up almost all the intraday gains thereby forcing the index to close at its opening point which also happened to be around lowest point of the day. Hence, in today’s trading session if the index trades below 12,099 levels then it can come under selling pressure which can eventually drag it down towards recent lows of 12,060-11,990. Contrary to this if bulls manage to defend 12,099 levels then the sideways trend may prevail but a strong close above 12,140-12,170 is required for resumption of the up move. Bank Nifty opened positive but failed to hold above its immediate hurdle of 31,500 and remained consolidative for the latter part of the session. It has again reclaimed its 50 DEMA and has been consolidating between 30,900 and 31,500 levels from the last four trading sessions. Now Bank Nifty has to continue to hold above 31,000 to witness an up move towards 31,500 then 31,750 levels while on the downside support exists at 31,000–30,800 levels.

Levels to watch

R1 R2 S1 S2 Outlook for the Day Short term Outlook

NIFTY 12140 12170 12060 11990 Sideways Positive

BANK NIFTY 31500 31700 31000 30800 Sideways Positive

USD/INR 71.67 71.88 71.29 71.04 Sideways Positive

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Financial & Economic Wrap Up Indices Performance   Gail () has issued a swap tender offering two Index LTP Previous Close % Change cargoes of liquefied natural gas (LNG) for loading in S&P BSE Sensex 41216.14 40979.62 0.58% the United States and seeking one for delivery to India, Nifty 50 12107.90 12031.50 0.63% two industry sources said on Tuesday. The offer is for Nifty Midcap 50 4950.45 4957.30 -0.14% two cargoes loading from the Cove Point plant, they Nifty 500 9987.05 9945.65 0.42% said. One is on a delivered ex-ship (DES) basis into Bank Nifty 31300.60 31058.15 0.78% Europe for February to March delivery and another is Institutional Flows (Cash Segment) on a free-on-board (FOB) basis for loading from Cove Description (Rs in Cr) BUY SELL NET Point over April 25-27. FII Activity 4705.54 4914.93 -209.39  Limited on Tuesday announced DII Activity 3819.48 3474.85 344.63 acquihire of -based technology and

wearables firm HUG Innovations, and the launch of FIIs Derivative Statistics 'Titan Connected X', a full-touch smart watch with 13 BUY SELL features in the Indian market. CEO (watches and No. of Amount No. of Amount wearables business) of Titan Company Limited S Ravi Contracts (INR. Cr.) Contracts (INR. Cr.) Kant said the CEO and founder of HUG Innovation Raj Index Futures 46245 3751.21 30680 2347.42 Neravati, along with 23 others in his team, had joined Index Options 2844005 203134.35 2832465 202232.71 Stock Futures 183724 12276.36 172065 11697.45 the Titan Company from January 1, 2020. Stock Options 67731 4760.68 67336 4716.92  Drug firm Granules India on Tuesday said it has received tentative approval from the US health Top OI Gainers regulator for its generic Colchicine capsules indicated OI: No of % Change for prevention of gout flares in adults. The US Food Scrip Contracts LTP OI:Value in OI and Drug Administration (USFDA) has tentatively BALKRISIND 2084 1139.45 1667200 18.88 approved the abbreviated new drug application NATIONALUM 3647 39.65 42669900 17.3 (ANDA) filed by Granules Pharmaceuticals Inc for GODREJCP 9354 618.6 7483200 11.89 Colchicine capsules in the strength of 0.6 mg. 3978 1499.2 2187900 8.63 TVSMOTOR 3221 449.25 4348350 7.01  J B Chemicals & Pharmaceuticals Ltd on Tuesday said it

has received Establishment Inspection Report (EIR) Top OI Losers from the US health regulator for its manufacturing OI: No of % Change facility at Panoli, Gujarat. The company has received Scrip Contracts LTP OI:Value in OI EIR from the United States Food and Drug IBULHSGFIN 16342 339.65 19610400 -8.11 Administration (US FDA) for its newly set up and COALINDIA 21556 179.05 58201200 -6.89 commissioned solid oral dosage forms formulations POWERGRID 17245 189.15 68980000 -6.5 manufacturing facility at Panoli, Gujarat, J B Chemicals GAIL 8307 129.2 44309538 -6.23 ONGC 22905 106.2 93910500 -5.48 and Pharmaceuticals said in a regulatory filing.

 Marksans Pharma on Tuesday said it has received an Volume Spurt: Cash Segment establishment inspection report (EIR) from the US Quantity Price Scrip LTP health regulator for company's manufacturing facility Change (%) Change (%) in the US. In a regulatory filing, the company Honeywell Auto India Ltd 37856.65 19.3 10.53 announced "receipt of the EIR from US Food and Drug SHILPAMED 437.85 45.08 10 Administration (USFDA) in respect of inspection of Lakshmi Vilas Bank Ltd 19.8 99.8 10 company's manufacturing facility Time-Cap GICRE 235.8 38.69 -11.45 Laboratories Inc. located at Farmingdale, New York, PARAG MILK FOODS 100.15 49.29 -16.75 **Change from average Quantity, rest other % are over previous day’s USA carried out from December 5, 2019 to December close unless otherwise mentioned 18, 2019".

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Nifty OI – Call Put Analysis w Open Interest-Call/Put Change in Open Interest - Call/Put 3,000,000 2000000 2,000,000 1000000 1,000,000 0 0 Change in IO in Change Open Interest Open 11600 11800 12000 12200 12400 -1000000 Strike Price 11600 11700 11800 Strike11900 Price12000 12100 12200 12300 12400

CE-OI PE-OI Change in OI-CE Change in OI-PE

Put Call Ratios OI Wise Volume wise

TATACHEM 1.38 BEARISH SHREECEM 2.33 BEARISH SRF 1.23 BEARISH TECHM 1.20 BEARISH BAJFINANCE 1.23 BEARISH GRASIM 1.03 BEARISH BEARISH BEARISH JSWSTEEL 1.19 PFC 0.99 SRTRANSFIN 1.04 BEARISH BHARATFORG 0.98 BEARISH

F&O Wrap-up • Nifty February series future closed at 12128 Premium of 20.1 Point compared to Nifty spot which closed at 12107.9 • The Nifty OI wise Put-Call ratio stood at 1.22 and volume wise put-call ratio stood at 1.14 • India VIX has decreased by 2.32 percent and closed at 13.8800 • The open interest in Nifty Futures increased from 16,13,817 to 16,68,004 Quarterly Results Today AARTI INDUSTRIES LTD. FINOLEX INDUSTRIES LTD. LTD. ABB India Limited HEMADRI CEMENTS LTD. POWER FINANCE CORP AMRUTANJAN HEALTH CARE LTD. LTD. P&G HYGIENE & HEALTH CARE LTD. HINDUSTAN EVEREST TOOLS LTD. PHOENIX INTERNATIONAL LTD. BALAJI TELEFILMS LTD. LTD. PI Industries Ltd Bharat Dynamics Ltd Indian Railway Catering and Tourism Corp PRAKASH INDUSTRIES LTD. BIRLA CAPITAL & FINANCIAL SERVICES JAMNA AUTO INDUSTRIES LTD. RELIGARE ENTERPRISES LTD. BODAL CHEMICALS LTD. Jaiprakash Power Ventures Limited RICO AUTO INDUSTRIES LTD. Chennai Ferrous Industries Ltd MAGNUM VENTURES LTD. Rail Vikas Nigam Ltd CHAMBAL BREWERIES & DISTILLERIES MAHALAXMI SEAMLESS LTD. Satin Creditcare Network Ltd CONTINENTAL PETROLEUMS LTD. Ltd STAR PAPER MILLS LTD. COROMANDEL AGRO PROD. & OILS MIRZA INTERNATIONAL LTD. SUZLON ENERGY LTD. LTD. MSTC Ltd LTD. LT FOODS LTD. Nagarjuna Fertilizers and Chemicals TITAGARH WAGONS LTD. DISH TV INDIA LTD. LTD. V.I.P.INDUSTRIES LTD. DIVI'S LABORATORIES LTD. (INDIA) LTD. Welspun Enterprises Ltd ESSAR SHIPPING LTD. NBCC (India) Ltd ZEE LEARN LTD. www.ganeshstock.com 3 | Page Capital Market – Daily Newsletter

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