Global markets at a glance

US Stocks rebounded on Tuesday, boosted by gains in industrial shares following reports of renewed trade negotiations between the United States and China. Both the S&P 500 and the Dow Jones Industrial Average posted their biggest monthly percentage gains since January, When markets hit peak levels. The markets were buoyed by a Bloomberg report that US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He are exploring ways to cool down the tariff war brewing between the world's two largest economies.The trade-sensitive industrial sector led the S&P 500 and the Dow industrials higher, rising 2.1 percent a day after a broad sell-off in technology stocks pulled markets lower. Asian markets were mixed in morning trade on Friday as investors weighed gains from the optimism for technology shares on Wall Street and the elevated trade tensions between China and the U.S.Apple (NASDAQ:AAPL) made headlines as it rose 2.9% to close at $207.3 in the U.S. on Thursday and became the first U.S.-based company with a market value of $1 trillion. The company reported strong third-quarter earnings earlier this week.China-based PetroChina Co Ltd (HK:0857) reached that valuation in 2007 but slumped soon after a financial crisis sent oil prices down.So far, almost 400 companies listed on the S&P 500 reported earnings this season and about 85% of them beat analysts’ expectations, Bloomberg reported.In Asia, China’s Shanghai Composite and the Shenzhen Component were down 0.1% and 0.5% by 10:20PM ET (02:20 GMT). Chinese stocks continued to underperform their regional peers as trade concerns returned to focus this week.

Previous day Roundup

Bears finally and decisively took charge of Dalal Street Thursday with the Nifty50 extending early losses and breaking the psychological 11,300-mark on profit booking. The index closed sharply lower, forming 'Bearish Belt Hold' pattern on the daily candlestick chart. Weak global cues amid renewed trade war concerns dented market sentiment.The 50-share NSE Nifty after opening at 11,328.90 which was also an intraday high traded sharply lower to break the 11,300-mark and hit an intraday low of 11,234.95.

Index stats

The Market Was Very Volatile in last session. The sartorial in dices performed as follow; Commodities[-9.55pts], C o n s u m p t i o n [- 4 0 . 7 5 p t s ] , P S E [ 2 2 . 4 0 p t s ] , C P S E [ - 2.35pts],Energy[-142.30pts],FMCG[-99.85pts],Auto[- 156.45pts],Pharma[122.95pts],IT[-126.75pts],Metal [7.75pts],Realty[-4.55 pts], Fin Serv sector[-130.95pts].

RECOMMENDATIONS [FUTURE]

1. SUNTV [ [FUTURE ]

The particular script has rebounded from its support level of 763 and can break its crucial resistance level of 785 ,now it has closed above it with a good volume so today we can witness a good breakout since it is consolidating around its crucial resistance level around 796.40 here we advice you to make a long position around 800-805 for the target of 815- 830 with stoploss of 795

2. GRANULES [FUTURE]

From the daily chart its clear that the particular script formed a Bullish Candle on daily scale and supports are gradually shifting higher. Now it has to continue to hold above 105 zones to extend its move towards 110 so we advice you to buy around the levels of 105-106 for the target of 109-113 with stoploss below 102.

STOCK RECOMMENDATION [CASH]
KPIT [CASH]

The particular script has rebounded from its support level of 53,it has made a bullish harami candle at this level here buy on support would be a good strategy to follow so we advice you to buy around the levels of 53-53.50 for the possible target of 56-60 with a stoploss below 51.


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