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1. DAILY REPORT
10th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian equities rose and the dollar dipped on Thursday,
after the Federal Reserve indicated that it was not in a
rush to end quantitative easing and begin hiking rates.
MSCI's broadest index of Asia-Pacific shares outside Ja-
pan gained 0.2 percent. Tokyo's Nikkei rose 0.1 percent,
despite a sharp drop in machinery orders reported min-
utes before the opening bell.
Pan-European indexes were broadly flat to slightly
higher. The euro zone's blue-chip Euro STOXX 50 index
rose 0.6 percent, recovering some ground after a 3.2 per-
cent fall over the previous three sessions.
Wall Street Update
US stocks finished higher on Wednesday, rebounding
from a sharp two-day selloff, after minutes from the last
Federal Reserve meeting showed policymakers have
started to detail how the central bank will end its easy
monetary policy. The Fed indicated it will end its bond
purchases in October and appeared near agreement on a
plan to manage interest rates in the future, according to
the minutes.
The Dow Jones industrial average rose 78.99 points or
0.47 percent, to 16,985.61. The S&P 500 gained 9.12
points or 0.46 percent, to 1,972.83. The Nasdaq Compos-
ite added 27.57 points or 0.63 percent, to 4,419.03.
Previous day Roundup
Just a day ahead of Budget, investors grew cautious and
preferred to book profits taking away a major chunk of
gains from the market. The Sensex was down 137.30
points at 25444.81 and the Nifty was down 38.20 points
at 7585.00. About 909 shares have advanced, 2069
shares declined, and 87 shares are unchanged.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
38.82pts], Capital Goods [down 233.48pts], PSU [down
40.50pts], FMCG [up 55.09pts], Realty [down 31.04pts],
Power [down 37.97pts], Auto [down 385.13pts], Health-
care [down 169.37 pts], IT [down 124.26Pts], Metals
[down 68.73pts], TECK [down 64.59pts], Oil& Gas [up
90.43pts].
World Indices
Index Value % Change
D J l 16985.61 +0.47
S&P 500 1972.83 +0.46
NASDAQ 4419.03 +0.63
EURO STO 3203.10 +0.59
FTSE 100 6718.04 -0.30
Nikkei 225 15266.02 -0.24
Hong Kong 23228.17 +0.22
Top Gainers
Company CMP Change % Chg
ONGC 405.00 8.30 2.09
BPCL 582.40 11.05 1.93
IDFC 139.65 2.60 1.90
ITC 341.00 5.20 1.55
TATASTEEL 519.50 5.95 1.16
Top Losers
Company CMP Change % Chg
JINDALSTEL 297.70 12.20 -3.94
TATAMOTORS 455.10 14.90 -3.17
TATAPOWER 102.90 3.05 -2.88
COALINDIA 367.00 10.40 -2.76
BAJAJ-AUTO 2,169.40 56.90 -2.56
Stocks at 52 Week’s high
Symbol Prev. Close Change %Chg
JUBLINDS 107.05 10.60 -9.01
POLARIS 257.85 12.65 +5.16
SASKEN 311 7.75 -2.43
- -
- -
Indian Indices
Company CMP Change % Chg
NIFTY 7585.00 -38.20 -0.50
SENSEX 25444.81 -137.30 -0.54
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg

2. DAILY REPORT
10th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. SYNDICATE BANK [FUTURE]
SYNDICATE BANK FUTURE is looking weak on charts, We advise selling
around 154-155 levels with strict stop loss 159 for the targets of 150-145.
2. APOLLO TYRE [FUTURE]
APOLLO TYRE FUTURE is looking weak on charts. We advise selling
around 188-190 levels with strict stop loss 195 for the targets of 185-181.
3. COX & KINGS [CASH]
COX & KINGS weak on daily chart. We advise selling around 239 level
with strict stop loss 243 for the targets of 235-231
EQUITY CASH & FUTURE
ECONOMIC SURVEY UPDATES:
The Economic Survey yesterday pegged economic
growth at 5.4-5.9% for 2014-15, after it crawled at sub-
5% levels in the previous two financial years. It asked
the government to go for fiscal consolidation, rein in
inflation, ease procedures and simplify tax policies to
revive the investment climate.
The priority of the govt will be the revival of business
sentiments. Aggregate demand registered a growth of
5% in 2013-14 vis-à-vis 4.7% in 2012-13 primarily due to
improvement in net exports. The decline in the rate of
gross fixed capital formation in 2013-14 reflects sub-
dued business sentiments.
Implementation of Central GST could be first step to-
wards GST.
Need To Permit Commercial Coal Mining By Private Cos.
Need To Optimise Procurement Cost Of Power.
Stressed Sectors are Infra, Iron & Steel, Textiles, Avia-
tion and Mining.
Pricing Of Subsidised Fertilisers Skewed Nutrient Usage
Rollout Of Nutrient Fert Subsidy Flawed Without Urea.
Sustaining Improved BoP To Be Challenge In Medium-
term.
Arbitrary Cane Price Fixing By States Hitting Sugar Mills.
Current Account Deficit May Be Limited To 2.1% Of GDP.
Seeing Signs Of Revival In Aviation Sector.
CAD May Be Limited To About $45Bn.
Revision To 7-8% Growth Can Occur Only Post Next Fis-
cal.
Long-term debt accounts for 78.2% of total external
debt.
The downside risks to the economy arising from a poor
monsoon, the external environment and the poor in-
vestment climate.
A slowdown is also noticed in services, in particular the
internal trade, transport, and storage sectors.
A record food grains production of 264.4 mn tonne is
estimated in 2013-14.
Horticulture production is estimated at 265 million
tonne in 2012-13 and for the first time has exceeded the
production of food grains and oilseeds.
MACRO NEWS
Union Budget 2014-2015 will be presented today at
11:00 am.
Domestic passenger car sales increased 14.76% to
1,60,232 units in June vs. 1,39,624 units in year-ago.
Bharti Airtel divests telecom tower assets.
SEBI slaps Rs 1cr fine on Apollo Tyres for non-
compliance.

3. DAILY REPORT
10th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts
)
Open
Interest
NIFTY PE 7,600 77.5 1,10,310 25,33,350
NIFTY PE 7,500 52.65 84,976 46,34,600
BANKNIFTY PE 7,700 110 80,167 20,21,300
BANKNIFTY PE 15,000 280.45 9,539 3,92,900
MCDOWELL-N PE 2,400 56 1,334 1,60,375
INFY PE 3,200 77.7 1,292 1,93,500
IDFC PE 130 2.05 1,267 18,04,000
RELIANCE PE 1,000 18.4 1,189 5,97,500
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 8,000 69.4 1,79,193 78,76,800
NIFTY CE 7,900 103.55 99,389 34,00,200
BANKNIFTY CE 8,100 44.7 97,222 25,16,150
BANKNIFTY CE 16,000 255 11,873 5,17,500
IDFC CE 140 6.65 5,113 30,44,000
IDFC CE 150 3.35 4,009 24,70,000
RELIANCE CE 1,040 28.9 2,890 8,72,500
MCDOWELL-N CE 2,500 50.6 2,792 4,31,250
FII DERIVATIVES STATISTICS
BUY OPEN INTEREST AT THE END OF THE DAYSELL
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES 56472 2150.12 73924 2812.75 306806 11626.43 -662.64
INDEX OPTIONS 409230 15585.37 434802 16641.05 1521532 57646.09 -1055.68
STOCK FUTURES 105661 4018.97 94079 3561.92 1543165 55318.31 457.05
STOCK OPTIONS 71232 2807.66 70761 2780.48 104882 3840.37 27.18
TOTAL 1234.09
INDICES R2 R1 PIVOT S1 S2
NIFTY 7,694.03 7,639.52 7,595.58 7,541.07 7,497.13
BANK NIFTY 15,216.90 15,074.00 14,950.55 14,807.65 14,684.20
STOCKS IN NEWS
M&M is recalling around 23,000 units of a select vari-
ant of its popular sports utility vehicle Scorpio to rec-
tify faulty pressure regulating valves.
IndusInd Bank met street expectations with net profit
in Q1 of year 2014-15 rising 25.7% yoy to Rs 421cr
supported by stable asset quality & higher other in-
come. Net interest income increased by 17.7% on
yearly basis to Rs 800 cr and other income 22.5% to Rs
576.4cr in quarter gone by.
JSW Steel to import 6-mt iron ore in FY15.
NIFTY FUTURE
Nifty Future closed downside in the last trading session.
We advise selling around 7570 levels with strict stop loss
of 7620 for the targets of 7520-7470

4. DAILY REPORT
10th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY MCX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER SEP ABOVE 45100 TGTS 45300,45600 SL 44800
SELL SILVER SEP BELOW 44700 TGTS 44500,44200 SL 45000
GOLD
TRADING STRATEGY:
BUY GOLD AUG ABOVE 27650 TGTS 27730,27830 SL 27550
SELL GOLD AUG BELOW 27500 TGTS 26420,26320 SL 27600
COMMODITY ROUNDUP
Gold imports surged in June to a 12-month high, at an esti-
mate of 52 tonnes. This follows the Reserve Bank of India’s
relaxation in May of import norms, when premium and star
trading houses were allowed to import under the ‘80:20’
rule. Meanwhile, it also appears traders have been destock-
ing gold ahead of Thursday’s Union Budget, in which they
expect a tariff cut. On Wednesday, they were said to have
sold at a discount to the market price, which brought down
premiums for physical delivery to $3 an ounce. RBI has also
allowed gold importing banks to lease it to jewellers.
Sources said the lease rates quoted are 4-4.25 per cent.
Gold prices rose 0.40 per cent to Rs 27,630 per 10 grams in
futures trade yesterday as speculators created fresh posi-
tions, tracking a firm global trend. At the MCX, gold for de-
livery in August moved up by Rs 111, or 0.40 per cent to Rs
27,630 per ten gram in business turnover of 1,641 lots. Oc-
tober gold gained Rs 78, or 0.28 per cent to Rs 27,660 per
10 grams in 45 lots. The rise in gold futures was mainly in
line with a firming trend in overseas markets as a decline in
equities and the dollar spurred demand for an alternative
investment. Meanwhile, gold added 0.4 per cent to
$1,324.15 an ounce in Singapore.
Copper prices moved down by 0.23 per cent to Rs 439.60
per kg in futures trade yesterday as speculators reduced
positions amid subdued demand in the spot market. At the
MCX, copper for delivery in November shed Re 1, or 0.23
per cent, to Rs 439.60 per kg in a business turnover of 10
lots. August copper traded lower by 75 paise, or 0.17 per
cent, to Rs 433.70 per kg in 795 lots. The fall in copper
prices at futures trade was due to offloading of positions by
speculators on a weak trend at spot market. Meanwhile,
copper for delivery in three months was little changed at
$7,130 a metric tonne at the LME.
Lead prices weakened by 0.30 per cent to Rs 131.30 per kg
in futures trading yesterday as speculators trimmed posi-
tions on lower demand from battery makers in spot mar-
kets. At MCX, lead for delivery in July declined by 40 paise,
or 0.30 per cent, to Rs 131.30 per kg in a business turnover
of 562 lots. August lead traded lower by the same margin to
Rs 132.55 per kg in 13 lots. Subdued demand from battery-
makers in the spot market helped lead prices to trade lower
at futures trade.

5. DAILY REPORT
10th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA AUG ABOVE 11670 TGTS 11700,11750 SL
11620
SELL DHANIYA AUG BELOW 11510 TGTS 11480,11430 SL
11560
GUARSEED
BUY GUARSEED AUG ABOVE 5790 TGTS 5820,5870 SL 5740
SELL GUARSEED AUG BELOW 5680 TGTS 5650,5600 SL 5730
NCDEX
NCDEX INDICES
Index Value % Change
Castor Seed 4180 -0.43
Chana 2678 +0.87
Coriander 11007 -1.06
Cotton Seed Oilcake 1699 -0.53
Guarseed 5540 -0.45
Jeera 11225 +0.22
Mustard seed 3483 -0.46
Soy Bean 3768 -2.41
Sugar M Grade 2982 -0.40
Turmeric 6174 -2.96
NCDEX ROUNDUP
Mustardseed prices declined by Rs 43 to Rs 3,708 per quin-
tal in futures trade today on the back of lower physical mar-
ket sentiments. Increased selling by traders were guided by
weak spot market sentiments where prices remained under
pressure due to increased supply amid slackness in demand
from oil mills and other vanaspati units. At NCDEX platform,
mustard-seed prices for November delivery dipped by Rs
43, or 1.15 per cent, to Rs 3,708 per quintal, with an open
interest of 200 lots. The July contract moved down by Rs 19,
or 0.54 per cent, to Rs 3,480 per quintal, with an open inter-
est of 31,320 lots. Prices for August declined by similar mar-
gins of Rs 19, or 0.53 per cent, to Rs 3,534 per quintal, clock-
ing an open interest of 93,670 lots.
Barley prices dropped by Rs 16 to Rs 1,347 per quintal in
future trading owing to increased selling by traders in line
with weak spot markets on low demand. Persistent selling
by traders, triggered by increased supplies from producing
regions against slackned demand in physical markets,
mainly led the fall in barley prices in futures trade. At
NCDEX counter, barley prices for July delivery declined by Rs
16, or 1.17 per cent to Rs 1,347 per quintal, with an open
interest of 5,370 lots. August barley followed suit, losing Rs
14, or 1.01 per cent to Rs 1,371 per quintal, in an open in-
terest of 8,800 lots.

6. DAILY REPORT
10th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
GBP/INR
SELL GBP/INR BELOW 102.44 TGTS 102.29, 102.14 SL 102.64.
BUY GBP/INR ABOVE 102.84 TGTS 102.99, 103.14 SL 102.64.
JPY/INR
SELL JPY/INR BELOW 58.87 TGTS 58.72, 58.57 SL 59.07.
BUY JPY/INR ABOVE 59.17 TGTS 59.32, 59.47 SL 58.97
CURRENCY ROUNDUP
The Indian rupee ended largely steady on Wednesday as
strong dollar sales on hopes of a fiscally prudent budget
were offset as shares retreated from record highs to fall for
a second consecutive session. Hopes about the budget were
reinforced after the government issued an economic survey
report calling the fiscal situation worse than it appears and
hinted at tough measures to shore up public finances and
reduce inflation.
A fiscally prudent government and medium- to long-term
measures to bring in foreign direct investment into the
country were likely to be big positives for markets. Finance
Minister Arun Jaitley will present the new government's
first full budget at 0530 GMT on Thursday.
The partially convertible rupee ended at 59.75/76 per dollar
compared with 59.78/79 on Tuesday, after trading in a
range of 59.67-59.9350. Dollar sales from foreign banks,
which traders attributed in part to expectations of a positive
budget, offset a second consecutive losing session in shares
amid concerns markets may have risen too strongly after
hitting record highs on Tuesday. In the offshore non-
deliverable forwards, the one-month contract was at 59.99,
while the three-month was at 60.58.
The dollar traded largely lower as investors opted to go long
on stocks after the Federal Reserve confirmed market ex-
pectations for monetary stimulus programs to end this year,
likely in October. In U.S. trading on Wednesday, EUR/USD
was up 0.25% at 1.3645.
The Federal Reserve said in the minutes of its monetary pol-
icy meeting earlier that it should end its monthly bond-
buying program by the end of this year, likely in October,
which sent investors chasing stocks on sentiments that the
economy is recovering. The Fed is currently buying $35 bil-
lion in Treasury and mortgage debt a month to spur recov-
ery, a monetary policy tool known as quantitative easing
that aims to stimulate the economy by suppressing long-
term interest rates.
CURRENCY
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 59.7260 Yen-100 58.7900
Euro 81.3800 GBP 102.3584

7. DAILY REPORT
10th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
09/07/14 MCX GOLD AUG. BUY 27650 27730-27830 27550 SL TRIGGERED
09/07/14 MCX GOLD AUG. SELL 27350 27280-27180 27450 NOT EXECUTED
09/07/14 MCX SILVER SEP. BUY 45200 45400-45700 44900 NOT EXECUTED
09/07/14 MCX SILVER SEP. SELL 44550 44350-44050 44850 NOT EXECUTED
09/07/14 NCDEX GUARSEED JULY BUY 5630 5660-5710 5580 SL TRIGGERED
09/07/14 NCDEX GUARSEED JULY SELL 5515 5485-5435 5555 BOOKED PROFIT
09/07/14 NCDEX DHANIYA JULY BUY 11160 11190-11240 11110 BOOKED PROFIT
09/07/14 NCDEX DHANIYA JULY SELL 10985 10955-10905 11035 BOOKED PROFIT
09/07/14 EUR/INR JULY BUY 81.83 81.98-82.13 81.63 SL TRIGGERED
09/07/14 EUR/INR JULY SELL 81.43 81.28-81.13 81.63 NOT EXECUTED
09/07/14 USD/INR JULY SELL 59.89 59.74-59.59 60.09 NOT EXECUTED
09/07/14 USD/INR JULY BUY 60.19 60.34-60.49 59.99 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
09/07/14 NIFTY FUTURE SELL 7600 7550-7500 7650 CALL OPEN
09/07/14 VOLTAS FUTURE SELL 200 192-188 208 BOOKED PROFIT
09/07/14 JUST DIAL FUTURE BUY 1560 1590-1620 1530 CALL OPEN
09/07/14 FRL CASH SELL 125.5 123-120.5 128 BOOKED PROFIT

8. DAILY REPORT
10th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS
MONDAY, JULY 07
NONE SCHEDULED
TUESDAY, JULY 08
7:30 AM NFIB SMALL BUSINESS INDEX JUNE -- 96.6
10 AM JOB OPENINGS MAY -- 4.5 MLN
3 PM CONSUMER CREDIT MAY -- $27 BLN
WEDNESDAY, JULY 09
2 PM FOMC MINUTES
THURSDAY, JULY 10
8:30 AM WEEKLY JOBLESS CLAIMS 7/5 N/A 315,000
10 AM WHOLESALE INVENTORIES MAY -- 1.1%
FRIDAY, JULY 11
2 PM FEDERAL BUDGET JUNE -- -$117 BLN