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DAILY REPORT
11th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
European shares fell on Friday, for the seventh time in
eight sessions, on growing nervousness after U.S. war-
planes struck in Iraq for the first time since American
troops pulled out in 2011. The FTSEurofirst 300 index of top
European shares ended down 0.7 percent at 1,305.75
points, its lowest close since March 24.
Asian stocks declined on Friday after the US authorized tar-
geted airstrikes on Iraq and as investors awaited key Chi-
nese data. Hong Kong's Hang Seng shed 0.41 percent or
100.99 points at 24,286.57. Japan's Nikkei tumbled 1.94
percent or 294.83 points at 14,937.54. Singapore's Straits
Times declined 0.76 percent or 25.22 points at 3,289. South
Korea's Seoul Composite fell 1.03 percent or 21.12 points
at 2,033.39. Taiwan's Taiwan Weighted declined 0.66 per-
cent or 60.07 points at 9,071.37. China's Shanghai Compos-
ite was flat at 2,186.22.
Wall Street
The S&P and Dow both posted their best day since March
on Friday, with the market buoyed by news that Russia was
ending military drills near the Ukrainian border, while in-
vestors overlooked U.S. air strikes in Iraq. The Dow Jones
industrial average .DJI rose 182.52 points, or 1.12 percent,
to 16,550.79. The S&P 500 .SPX ended up 21.84 points, or
1.14 percent, to 1,931.41. The Nasdaq Composite added
36.02 points, or 0.83 percent, to 4,370.99.
Previous day Roundup
Global weakness led by tensions in Iraq and Ukraine pulled
the equity benchmarks down more than a percent on Fri-
day while the broader markets underperformed bench-
marks with the BSE Midcap and Smallcap indices falling
over 2 percent. The 30-share BSE Sensex fell 259.87 points
to 25329.14 (after seeing an intraday decline of 356 points)
and the 50-share NSE Nifty closed below the 7600 level,
down 80.70 points to 7568.55.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [down
140.29pts], Capital Goods [down 362.57pts], PSU [down
178.74pts], FMCG [up 6.67pts], Auto [down 214.69pts],
Healthcare [up 6.29pts], IT [down 37.62Pts], Metals [down
406.47pts], TECK [down 15.95pts], Oil& Gas [down
161.61pts], Power [down 9pts], Realty [down pts].
World Indices
Index Value % Change
D J l 16553.93 +1.13
S&P 500 1931.59 +1.15
NASDAQ 4370.90 +0.83
EURO STO 3006.83 -0.20
FTSE 100 6567.36 -0.45
Nikkei 225 14778.37 -2.98
Hong Kong 24331.41 -0.23
Top Gainers
Company CMP Change % Chg
BHARTIARTL 375.00 9.20 2.52
DRREDDY 2,780.00 24.70 0.90
ITC 349.20 2.95 0.85
HCLTECH 1,530.40 12.15 0.80
HEROMOTOCO 2,599.00 18.05 0.70
Top Losers
Company CMP Change % Chg
SSLT 268.20 16.45 -5.78
BHEL 220.15 10.70 -4.64
DLF 194.10 8.75 -4.31
TATAPOWER 91.70 3.20 -3.37
TATASTEEL 537.90 17.90 -3.22
Stocks at 52 Week’s high
Symbol Prev. Close Change %Chg
BIRLACORP 442.05 24.05 +5.75
GATI 137.60 6.55 +5.00
OFSS 3459 83.35 +2.47
- -
- -
Indian Indices
Company CMP Change % Chg
NIFTY 7568.55 -80.70 -1.06
SENSEX 25329.14 -259.87 -1.02
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg
BHUSANSTL 305.00 76.20 -19.99
DAILY REPORT
11th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. APOLLO HOSPITAL FUTURE
APOLLO HOSP FUTURE is looking strong on charts, long
build up has been seen, we may see more upside, if it sus-
tains above 1000 levels. We advise buying around 990-1000
levels with strict stop loss of 960 for the targets of 1030-
1050.
2. BHEL FUTURE
BHEL is looking week on charts, short build up has been
seen, we may see more downside, if it sustains below 218
levels. We advise selling below 218 levels with strict stop
loss of 222 for the targets of 214-210 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. GATI
GATI on 52 week high. We advise buying around 137-
138 level with strict stop loss 134 for the targets of 140-
143
MACRO NEWS
SBI surprised street with Q1 Apr-June net profit rising
3.3% YoY to Rs 3,349 crore on higher net interest in-
come though it was impacted by higher provisions, tax
cost and lower other income. Net profit in the year-ago
period was Rs 3,241.08 crore. The growth in profitabil-
ity was for the first time in last six quarters.
Signalling revival in demand, domestic car sales grew
for the third month in succession in July with a rise of
5.04%, prompting industry body SIAM to hope for 5-10
percent increase this fiscal. According to the data re-
leased by SIAM, domestic passenger car sales stood at
1,37,873 units in July this year as compared to 1,31,257
units in the same month of 2013.
Govt likely to raise sugar export subsidy to Rs 3,371/
tonne
The govt will present amendments to the Minerals
Mines Development and Regulation Act in the Parlia-
ment to revive the mining sector, particularly iron ore
and meet the huge need for developing infrastructure.
Central Cottage Industries Corporation, Textiles Minis-
try ink pact to promote and market products.
DAILY REPORT
11th
AUGUST 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 7,500 59.25 3,93,826 55,02,200
NIFTY PE 7,600 99 3,28,258 44,71,100
NIFTY PE 7,400 34.05 2,55,717 42,27,550
BANKNIFTY PE 14,500 151 29,171 3,00,525
SBIN PE 2,400 56.1 14,560 3,70,000
RELIANCE PE 2,300 21.55 10,935 2,36,250
MARUTI PE 1,400 18.25 1,408 1,45,750
SBIN PE 960 9.6 1,178 5,96,000
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 7,700 50.25 4,05,270 43,22,300
NIFTY CE 7,800 24.6 3,77,245 48,26,300
NIFTY CE 7,600 92 3,20,114 30,47,050
BANKNIFTY CE 15,500 55.05 37,322 3,08,525
SBIN CE 2,500 32 19,475 8,78,625
SBIN CE 2,550 19.25 6,197 1,31,250
RELIANCE CE 1,000 13.75 4,646 10,24,000
LT CE 1,500 16.2 2,652 7,97,000
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 32721 1234.51 104730 3954.58 248143 9383.26 -2720.07
INDEX OPTIONS 442095 16676.12 399523 15180.42 1367001 51688.70 1495.70
STOCK FUTURES 56337 2036.12 62059 2306.12 1369690 48013.32 -270.00
STOCK OPTIONS 71216 2531.47 73803 2625.16 64607 2299.38 -93.69
TOTAL 1588.05
INDICES R2 R1 PIVOT S1 S2
NIFTY 7,760.53 7,681.57 7,637.73 7,558.77 7,514.93
BANK NIFTY 15,534.87 15,331.33 15,213.72 15,010.18 14,892.57
STOCKS IN NEWS
NTPC accuses JSPL, Monnet, SEML of occupying its
blocks
Maruti hires I-banks to help it win investor nod for Su-
zuki plan
Sebi slaps Rs 13 cr penalty on Reliance Industries.
Tata Steel looks to pare Rs 68,000 crore debt
PowerGrid invest Rs 477cr in 2 transmission projects
Siemens Ltd has bagged orders worth Rs 228 crore
from Reliance Industries
Sun-Ranbaxy deal, the first merger deal to get show-
cause notice, to be an acid test for CCI
NIFTY FUTURE
Nifty Future closed downside in the last trading session.
We advise selling around 7540 level with strict stop loss
of 7590 for the targets of 7490-7440.
DAILY REPORT
11th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY MCX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER SEP ABOVE 43900 TGTS 44100,44400 SL 43600
SELL SILVER SEP BELOW 43500 TGTS 43200,42900 SL 44800
GOLD
TRADING STRATEGY:
BUY GOLD OCT ABOVE 28720 TGTS 28790,28890 SL 28620
SELL GOLD OCT BELOW 28550 TGTS 28470,28370 SL 28650
COMMODITY ROUNDUP
Gold hit a three-month high in the physical market here on
Friday, following a global move as investors unwound their
positions in other asset classes to book the yellow metal as
a safe haven investment avenue. Profit booking in the final
trading hours, however, capped the upward move. Stan-
dard gold at Zaveri Bazaar here surpassed the psychological
barrier of Rs 29,000 per 10g at mid-trading session but de-
clined later on profit booking and an up-move in the rupee,
to close the day at Rs 28,770 per 10g, a marginal 0.6 per
cent rise from Thursday’s close. In Ahmedabad, however,
pure gold (.999 purity) jumped by Rs 500 to sell at Rs
29,150 per 10g
Profit booking, however, capped gold’s gain in the domestic
market. The rupee finally closed with a marginal apprecia-
tion at 61.15 to the dollar, compared with 61.23 on Thurs-
day. Amid escalating geopolitical tensions, crude oil rose
marginally to trade at $104.84 a barrel in early Friday trade
in the US, compared with $104.76 a barrel on Thursday.
Silver fell marginally by Rs 250 to Rs 44,250 a kg in the do-
mestic market, following the trend in global trade. In Lon-
don, spot silver was traded at $19.86 an oz on Friday com-
pared with $19.97 an the previous day. At the Multi Com-
modity Exchange, silver for delivery in September gained Rs
304, or 0.70 per cent, to Rs 44,120 per kg in a business turn-
over of 373 lots. December silver moved up by Rs 307, or
0.69 per cent, to Rs 44,954 per kg in nine lots.
Copper prices rose 0.22% to Rs 440.10 per kg in futures
trade yesterday as speculators created positions amid a
firm trend in spot markets on increased domestic demand.
However, the metal's weakness at the LME, capped the
gains. At MCX, copper for delivery in November traded
higher by 95 paise, or 0.22%, to Rs 440.10 per kg in a busi-
ness turnover of seven lots. The metal for delivery in August
edged up by 90 paise, or 0.21%, to Rs 432.60 per kg in 508
lots. Globally, copper for delivery in three months fell as
much as 0.40% to $6,972 a tonne at the LME after imports
by China, the biggest user of the metal, fell in July to the
lowest since April 2013. Increased demand from consuming
industries at domestic spot markets helped copper to trade
higher at futures trade but a weak trend at the LME, limited
the gains.
DAILY REPORT
11th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA SEP. ABOVE 12320 TGTS 12350,12400 SL
11270
SELL ON RISE DHANIYA AUG 12150 TGTS 12120,12070 SL
12200
GUARGUM
BUY GUARGUM OCT. ABOVE 15215 TGTS 15245,15295 SL
15165
SELL ON RISE GUARGUM OCT 14990 TGTS 14960,14910 SL
15040
NCDEX
NCDEX INDICES
Index Value % Change
Castor Seed 4248 +0.33
Chana 2858 +0.46
Coriander 11702 -0.44
Cotton Seed Oilcake 1697 +0.18
Guarseed 5000 -0.10
Jeera 11180 +0.04
Mustard seed 3517 -0.76
Soy Bean 3555 -0.08
Sugar M Grade 3099 +1.34
Turmeric 6584 -1.76
NCDEX ROUNDUP
Soybean prices have declined around Rs 200-250 per 100 kg in
spot markets in a fortnight due to weak soy product demand and
lack of support from overseas markets. Soybean is trading in the
range of Rs 3750-3950 per 100 kg in mandi auctions in Indore
compared with Rs 4000-4200 per 100 kg a fortnight ago, said trad-
ers. Currently, plant delivery prices are Rs 3875-3950 per 100 kg
as against Rs 4150-4250 per 100 kg a fortnight ago. Currently,
soymeal export demand is low due to disparity in Indian and inter-
national prices and despite festivals, soyoil demand is not picking
up.
Jeera prices rose 0.67% to Rs 11,250 per quintal in futures trade
yesterday as participants created speculative positions amid a
firm trend at spot market on pick-up in demand. At NCDEX jeera
for delivery in August moved up by Rs 75, or 0.67%, to Rs 11,250
per quintal with an open interest of 2,553 lots. Similarly, the spice
for delivery in September traded higher by Rs 70, or 0.62%, to Rs
11,395 per quintal in 6,291 lots. The rise in jeera futures to fresh
positions created by speculators amid pick-up in demand in the
spot markets against restricted arrivals from producing regions.
Selling intensified in coriander futures on the account of limited
export demand in local mandies along with strong supplies in local
mandies. The NCDEX futures declined by 0.44% on Friday. Weak
export demand of coriander in the current level due to record
high prices in local mandies will encourage stockiest selling in lo-
cal mandies.
DAILY REPORT
11th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
EUR/INR
SELL USD-INR BELOW 61.30 TG 61.10,60.80 SL 61.60
BUY USD-INR ABOVE 61.80,62.10,62.40 SL 61.50
GBP/INR
BUY GBP-INR ABOVE 103.56 TG 103.76,104.06 SL 103.36
SELL GBP-INR BELOW 102.95 TG 102.75,102.45 SL 103.65
CURRENCY ROUNDUP
The Indian rupee recovered from five-month lows on Friday
as some of the currency's recent losses were seen as over-
done even as sentiment stayed weak given the global geo-
political concerns. The rupee fell marginally over the week
to mark a second consecutive weekly drop, though losses
were more limited than last week when the currency posted
its worst weekly performance since touching record low
levels in August last year.
Foreign investors have been net sellers of $811.55 million in
domestic debt so far this month, as per official data.India's
foreign exchange reserves fell to $319.99 billion as of Aug.
1, compared with $320.56 billion the week earlier, the Re-
serve Bank of India said on Friday. The rupee however
failed to gain much further as domestic shares fell in line
with other risk assets raising concerns over the outlook of
foreign fund flows going ahead.
Most emerging Asian currencies eased on Friday due to geo-
political concerns in Iraq, although strong Chinese trade
data helped the unit recover some ground. In the offshore
non-deliverable forwards, the one-month contract was at
61.54/59 while the three-month contract was at
62.18/62.28.
In U.S. trading on Friday, EUR/USD was up 0.35% at 1.3410.
Earlier Friday, data revealed that French industrial produc-
tion rose 1.3% in June, exceeding expectations for a 1.0%
gain, after a decline of 1.6% in May, whose figure was re-
vised from a previously estimated 2.3% drop, which gave
the euro an edge over the dollar. The dollar was down
against the yen, with USD/JPY down 0.02% at 102.07, and
down against the Swiss franc, with USD/CHF down 0.38% at
0.9054. The greenback was up against the pound, with GBP/
USD down 0.33% at 1.6776. The dollar was mixed against its
counterparts in Canada, Australia and New Zealand, with
USD/CAD up 0.44% at 1.0971, AUD/USD up 0.02% at 0.9276
and NZD/USD down 0.21% at 0.8459. The US Dollar Index,
which tracks the performance of the greenback versus a
basket of six other major currencies, was down 0.18% at
81.45.
CURRENCY
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 61.5575 Yen-100 60.6400
Euro 82.4125 GBP 103.5028
DAILY REPORT
11th
AUGUST 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
06/08/14 MCX GOLD AUG. BUY 28220 28300-28400 28120
BOOKED FULL
PROFIT
06/08/14 MCX GOLD AUG. SELL 27980 27900-27800 28080 NOT EXECUTED
06/08/14 MCX SILVER SEP. BUY 44550 44750-45050 4250 NOT EXECUTED
06/08/14 MCX SILVER SEP. SELL 43120 42920-29620 43420 NOT EXECUTED
06/08/14 NCDEX GUARSEED AUG. BUY 5095 5125-5175 5045 NOT EXECUTED
06/08/14 NCDEX GUARSEED AUG. SELL 5030 5000-4950 5080 BOOKED PROFIT
06/08/14 NCDEX DHANIYA AUG. BUY 11870 11900-11950 11820 BOOKED PROFIT
06/08/14 NCDEX DHANIYA AUG. SELL 11770 11740-11690 11820 SL TRIGGERED
06/08/14 USD/INR JULY BUY 61.29 61.59-61.90 59.99 BOOKED PROFIT
06/08/14 USD/INR JULY SELL 60.95 60.75-60.45 60.25 NOT EXECUTED
06/08/14 JPY/INR JULY SELL 59.40 59.20-58.90 59.70 NOT EXECUTED
06/08/14 JPY/INR JULY BUY 59.70 59.90-60.20 59.40
BOOKED FULL
PROFIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
08/08/14 NIFTY FUTURE SELL 7650 7600-7550 7700 NOT EXECUTED
08/08/14 VOLTAS FUTURE BUY 204-205 209-212 202 SL TRIGGERED
08/08/14 TCS FUTURE SELL 2490-2500 2450-2410 2540 CALL OPEN
08/08/14 TATASPONGE CASH SELL 860 844-828 876 BOOKED PROFIT
05/08/14 CESC FUTURE SELL 680 700715 665 CALL OPEN
DAILY REPORT
11th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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ment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular invest-
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Disclaimer
TIME (ET) REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, AUG. 11
NONE SCHEDULED
TUESDAY, AUG. 12
7:30 am NFIB small business survey July
10 am Job openings June 4.6 mln
2 pm Federal budget July -$98 bln
WEDNESDAY, AUG. 13
8:30 am Retail sales July 0.2%
8:30 am Retail sales ex-autos July 0.4%
10 am Business inventories June 0.5%
THURSDAY, AUG. 14
8:30 am Weekly jobless claims Aug. 9 N/A
8:30 am Import price index July 0.1%
FRIDAY, AUG. 15
8:30 am Producer price index July 0.4%
8:30 am Empire state index Aug. 25.6
9:15 am Industrial production July 0.2%
9:15 am Capacity utilization July 79.1%
9:55 am Consumer sentiment Aug. 81.8

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Stock market special report by epic research 11th august 2014

  • 1. DAILY REPORT 11th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance European shares fell on Friday, for the seventh time in eight sessions, on growing nervousness after U.S. war- planes struck in Iraq for the first time since American troops pulled out in 2011. The FTSEurofirst 300 index of top European shares ended down 0.7 percent at 1,305.75 points, its lowest close since March 24. Asian stocks declined on Friday after the US authorized tar- geted airstrikes on Iraq and as investors awaited key Chi- nese data. Hong Kong's Hang Seng shed 0.41 percent or 100.99 points at 24,286.57. Japan's Nikkei tumbled 1.94 percent or 294.83 points at 14,937.54. Singapore's Straits Times declined 0.76 percent or 25.22 points at 3,289. South Korea's Seoul Composite fell 1.03 percent or 21.12 points at 2,033.39. Taiwan's Taiwan Weighted declined 0.66 per- cent or 60.07 points at 9,071.37. China's Shanghai Compos- ite was flat at 2,186.22. Wall Street The S&P and Dow both posted their best day since March on Friday, with the market buoyed by news that Russia was ending military drills near the Ukrainian border, while in- vestors overlooked U.S. air strikes in Iraq. The Dow Jones industrial average .DJI rose 182.52 points, or 1.12 percent, to 16,550.79. The S&P 500 .SPX ended up 21.84 points, or 1.14 percent, to 1,931.41. The Nasdaq Composite added 36.02 points, or 0.83 percent, to 4,370.99. Previous day Roundup Global weakness led by tensions in Iraq and Ukraine pulled the equity benchmarks down more than a percent on Fri- day while the broader markets underperformed bench- marks with the BSE Midcap and Smallcap indices falling over 2 percent. The 30-share BSE Sensex fell 259.87 points to 25329.14 (after seeing an intraday decline of 356 points) and the 50-share NSE Nifty closed below the 7600 level, down 80.70 points to 7568.55. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down 140.29pts], Capital Goods [down 362.57pts], PSU [down 178.74pts], FMCG [up 6.67pts], Auto [down 214.69pts], Healthcare [up 6.29pts], IT [down 37.62Pts], Metals [down 406.47pts], TECK [down 15.95pts], Oil& Gas [down 161.61pts], Power [down 9pts], Realty [down pts]. World Indices Index Value % Change D J l 16553.93 +1.13 S&P 500 1931.59 +1.15 NASDAQ 4370.90 +0.83 EURO STO 3006.83 -0.20 FTSE 100 6567.36 -0.45 Nikkei 225 14778.37 -2.98 Hong Kong 24331.41 -0.23 Top Gainers Company CMP Change % Chg BHARTIARTL 375.00 9.20 2.52 DRREDDY 2,780.00 24.70 0.90 ITC 349.20 2.95 0.85 HCLTECH 1,530.40 12.15 0.80 HEROMOTOCO 2,599.00 18.05 0.70 Top Losers Company CMP Change % Chg SSLT 268.20 16.45 -5.78 BHEL 220.15 10.70 -4.64 DLF 194.10 8.75 -4.31 TATAPOWER 91.70 3.20 -3.37 TATASTEEL 537.90 17.90 -3.22 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg BIRLACORP 442.05 24.05 +5.75 GATI 137.60 6.55 +5.00 OFSS 3459 83.35 +2.47 - - - - Indian Indices Company CMP Change % Chg NIFTY 7568.55 -80.70 -1.06 SENSEX 25329.14 -259.87 -1.02 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg BHUSANSTL 305.00 76.20 -19.99
  • 2. DAILY REPORT 11th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. APOLLO HOSPITAL FUTURE APOLLO HOSP FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sus- tains above 1000 levels. We advise buying around 990-1000 levels with strict stop loss of 960 for the targets of 1030- 1050. 2. BHEL FUTURE BHEL is looking week on charts, short build up has been seen, we may see more downside, if it sustains below 218 levels. We advise selling below 218 levels with strict stop loss of 222 for the targets of 214-210 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. GATI GATI on 52 week high. We advise buying around 137- 138 level with strict stop loss 134 for the targets of 140- 143 MACRO NEWS SBI surprised street with Q1 Apr-June net profit rising 3.3% YoY to Rs 3,349 crore on higher net interest in- come though it was impacted by higher provisions, tax cost and lower other income. Net profit in the year-ago period was Rs 3,241.08 crore. The growth in profitabil- ity was for the first time in last six quarters. Signalling revival in demand, domestic car sales grew for the third month in succession in July with a rise of 5.04%, prompting industry body SIAM to hope for 5-10 percent increase this fiscal. According to the data re- leased by SIAM, domestic passenger car sales stood at 1,37,873 units in July this year as compared to 1,31,257 units in the same month of 2013. Govt likely to raise sugar export subsidy to Rs 3,371/ tonne The govt will present amendments to the Minerals Mines Development and Regulation Act in the Parlia- ment to revive the mining sector, particularly iron ore and meet the huge need for developing infrastructure. Central Cottage Industries Corporation, Textiles Minis- try ink pact to promote and market products.
  • 3. DAILY REPORT 11th AUGUST 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 7,500 59.25 3,93,826 55,02,200 NIFTY PE 7,600 99 3,28,258 44,71,100 NIFTY PE 7,400 34.05 2,55,717 42,27,550 BANKNIFTY PE 14,500 151 29,171 3,00,525 SBIN PE 2,400 56.1 14,560 3,70,000 RELIANCE PE 2,300 21.55 10,935 2,36,250 MARUTI PE 1,400 18.25 1,408 1,45,750 SBIN PE 960 9.6 1,178 5,96,000 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,700 50.25 4,05,270 43,22,300 NIFTY CE 7,800 24.6 3,77,245 48,26,300 NIFTY CE 7,600 92 3,20,114 30,47,050 BANKNIFTY CE 15,500 55.05 37,322 3,08,525 SBIN CE 2,500 32 19,475 8,78,625 SBIN CE 2,550 19.25 6,197 1,31,250 RELIANCE CE 1,000 13.75 4,646 10,24,000 LT CE 1,500 16.2 2,652 7,97,000 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 32721 1234.51 104730 3954.58 248143 9383.26 -2720.07 INDEX OPTIONS 442095 16676.12 399523 15180.42 1367001 51688.70 1495.70 STOCK FUTURES 56337 2036.12 62059 2306.12 1369690 48013.32 -270.00 STOCK OPTIONS 71216 2531.47 73803 2625.16 64607 2299.38 -93.69 TOTAL 1588.05 INDICES R2 R1 PIVOT S1 S2 NIFTY 7,760.53 7,681.57 7,637.73 7,558.77 7,514.93 BANK NIFTY 15,534.87 15,331.33 15,213.72 15,010.18 14,892.57 STOCKS IN NEWS NTPC accuses JSPL, Monnet, SEML of occupying its blocks Maruti hires I-banks to help it win investor nod for Su- zuki plan Sebi slaps Rs 13 cr penalty on Reliance Industries. Tata Steel looks to pare Rs 68,000 crore debt PowerGrid invest Rs 477cr in 2 transmission projects Siemens Ltd has bagged orders worth Rs 228 crore from Reliance Industries Sun-Ranbaxy deal, the first merger deal to get show- cause notice, to be an acid test for CCI NIFTY FUTURE Nifty Future closed downside in the last trading session. We advise selling around 7540 level with strict stop loss of 7590 for the targets of 7490-7440.
  • 4. DAILY REPORT 11th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY MCX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER SEP ABOVE 43900 TGTS 44100,44400 SL 43600 SELL SILVER SEP BELOW 43500 TGTS 43200,42900 SL 44800 GOLD TRADING STRATEGY: BUY GOLD OCT ABOVE 28720 TGTS 28790,28890 SL 28620 SELL GOLD OCT BELOW 28550 TGTS 28470,28370 SL 28650 COMMODITY ROUNDUP Gold hit a three-month high in the physical market here on Friday, following a global move as investors unwound their positions in other asset classes to book the yellow metal as a safe haven investment avenue. Profit booking in the final trading hours, however, capped the upward move. Stan- dard gold at Zaveri Bazaar here surpassed the psychological barrier of Rs 29,000 per 10g at mid-trading session but de- clined later on profit booking and an up-move in the rupee, to close the day at Rs 28,770 per 10g, a marginal 0.6 per cent rise from Thursday’s close. In Ahmedabad, however, pure gold (.999 purity) jumped by Rs 500 to sell at Rs 29,150 per 10g Profit booking, however, capped gold’s gain in the domestic market. The rupee finally closed with a marginal apprecia- tion at 61.15 to the dollar, compared with 61.23 on Thurs- day. Amid escalating geopolitical tensions, crude oil rose marginally to trade at $104.84 a barrel in early Friday trade in the US, compared with $104.76 a barrel on Thursday. Silver fell marginally by Rs 250 to Rs 44,250 a kg in the do- mestic market, following the trend in global trade. In Lon- don, spot silver was traded at $19.86 an oz on Friday com- pared with $19.97 an the previous day. At the Multi Com- modity Exchange, silver for delivery in September gained Rs 304, or 0.70 per cent, to Rs 44,120 per kg in a business turn- over of 373 lots. December silver moved up by Rs 307, or 0.69 per cent, to Rs 44,954 per kg in nine lots. Copper prices rose 0.22% to Rs 440.10 per kg in futures trade yesterday as speculators created positions amid a firm trend in spot markets on increased domestic demand. However, the metal's weakness at the LME, capped the gains. At MCX, copper for delivery in November traded higher by 95 paise, or 0.22%, to Rs 440.10 per kg in a busi- ness turnover of seven lots. The metal for delivery in August edged up by 90 paise, or 0.21%, to Rs 432.60 per kg in 508 lots. Globally, copper for delivery in three months fell as much as 0.40% to $6,972 a tonne at the LME after imports by China, the biggest user of the metal, fell in July to the lowest since April 2013. Increased demand from consuming industries at domestic spot markets helped copper to trade higher at futures trade but a weak trend at the LME, limited the gains.
  • 5. DAILY REPORT 11th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA SEP. ABOVE 12320 TGTS 12350,12400 SL 11270 SELL ON RISE DHANIYA AUG 12150 TGTS 12120,12070 SL 12200 GUARGUM BUY GUARGUM OCT. ABOVE 15215 TGTS 15245,15295 SL 15165 SELL ON RISE GUARGUM OCT 14990 TGTS 14960,14910 SL 15040 NCDEX NCDEX INDICES Index Value % Change Castor Seed 4248 +0.33 Chana 2858 +0.46 Coriander 11702 -0.44 Cotton Seed Oilcake 1697 +0.18 Guarseed 5000 -0.10 Jeera 11180 +0.04 Mustard seed 3517 -0.76 Soy Bean 3555 -0.08 Sugar M Grade 3099 +1.34 Turmeric 6584 -1.76 NCDEX ROUNDUP Soybean prices have declined around Rs 200-250 per 100 kg in spot markets in a fortnight due to weak soy product demand and lack of support from overseas markets. Soybean is trading in the range of Rs 3750-3950 per 100 kg in mandi auctions in Indore compared with Rs 4000-4200 per 100 kg a fortnight ago, said trad- ers. Currently, plant delivery prices are Rs 3875-3950 per 100 kg as against Rs 4150-4250 per 100 kg a fortnight ago. Currently, soymeal export demand is low due to disparity in Indian and inter- national prices and despite festivals, soyoil demand is not picking up. Jeera prices rose 0.67% to Rs 11,250 per quintal in futures trade yesterday as participants created speculative positions amid a firm trend at spot market on pick-up in demand. At NCDEX jeera for delivery in August moved up by Rs 75, or 0.67%, to Rs 11,250 per quintal with an open interest of 2,553 lots. Similarly, the spice for delivery in September traded higher by Rs 70, or 0.62%, to Rs 11,395 per quintal in 6,291 lots. The rise in jeera futures to fresh positions created by speculators amid pick-up in demand in the spot markets against restricted arrivals from producing regions. Selling intensified in coriander futures on the account of limited export demand in local mandies along with strong supplies in local mandies. The NCDEX futures declined by 0.44% on Friday. Weak export demand of coriander in the current level due to record high prices in local mandies will encourage stockiest selling in lo- cal mandies.
  • 6. DAILY REPORT 11th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 EUR/INR SELL USD-INR BELOW 61.30 TG 61.10,60.80 SL 61.60 BUY USD-INR ABOVE 61.80,62.10,62.40 SL 61.50 GBP/INR BUY GBP-INR ABOVE 103.56 TG 103.76,104.06 SL 103.36 SELL GBP-INR BELOW 102.95 TG 102.75,102.45 SL 103.65 CURRENCY ROUNDUP The Indian rupee recovered from five-month lows on Friday as some of the currency's recent losses were seen as over- done even as sentiment stayed weak given the global geo- political concerns. The rupee fell marginally over the week to mark a second consecutive weekly drop, though losses were more limited than last week when the currency posted its worst weekly performance since touching record low levels in August last year. Foreign investors have been net sellers of $811.55 million in domestic debt so far this month, as per official data.India's foreign exchange reserves fell to $319.99 billion as of Aug. 1, compared with $320.56 billion the week earlier, the Re- serve Bank of India said on Friday. The rupee however failed to gain much further as domestic shares fell in line with other risk assets raising concerns over the outlook of foreign fund flows going ahead. Most emerging Asian currencies eased on Friday due to geo- political concerns in Iraq, although strong Chinese trade data helped the unit recover some ground. In the offshore non-deliverable forwards, the one-month contract was at 61.54/59 while the three-month contract was at 62.18/62.28. In U.S. trading on Friday, EUR/USD was up 0.35% at 1.3410. Earlier Friday, data revealed that French industrial produc- tion rose 1.3% in June, exceeding expectations for a 1.0% gain, after a decline of 1.6% in May, whose figure was re- vised from a previously estimated 2.3% drop, which gave the euro an edge over the dollar. The dollar was down against the yen, with USD/JPY down 0.02% at 102.07, and down against the Swiss franc, with USD/CHF down 0.38% at 0.9054. The greenback was up against the pound, with GBP/ USD down 0.33% at 1.6776. The dollar was mixed against its counterparts in Canada, Australia and New Zealand, with USD/CAD up 0.44% at 1.0971, AUD/USD up 0.02% at 0.9276 and NZD/USD down 0.21% at 0.8459. The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.18% at 81.45. CURRENCY RBI Reference Rate Currency Rate Currency Rate Rupee- $ 61.5575 Yen-100 60.6400 Euro 82.4125 GBP 103.5028
  • 7. DAILY REPORT 11th AUGUST 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 06/08/14 MCX GOLD AUG. BUY 28220 28300-28400 28120 BOOKED FULL PROFIT 06/08/14 MCX GOLD AUG. SELL 27980 27900-27800 28080 NOT EXECUTED 06/08/14 MCX SILVER SEP. BUY 44550 44750-45050 4250 NOT EXECUTED 06/08/14 MCX SILVER SEP. SELL 43120 42920-29620 43420 NOT EXECUTED 06/08/14 NCDEX GUARSEED AUG. BUY 5095 5125-5175 5045 NOT EXECUTED 06/08/14 NCDEX GUARSEED AUG. SELL 5030 5000-4950 5080 BOOKED PROFIT 06/08/14 NCDEX DHANIYA AUG. BUY 11870 11900-11950 11820 BOOKED PROFIT 06/08/14 NCDEX DHANIYA AUG. SELL 11770 11740-11690 11820 SL TRIGGERED 06/08/14 USD/INR JULY BUY 61.29 61.59-61.90 59.99 BOOKED PROFIT 06/08/14 USD/INR JULY SELL 60.95 60.75-60.45 60.25 NOT EXECUTED 06/08/14 JPY/INR JULY SELL 59.40 59.20-58.90 59.70 NOT EXECUTED 06/08/14 JPY/INR JULY BUY 59.70 59.90-60.20 59.40 BOOKED FULL PROFIT Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 08/08/14 NIFTY FUTURE SELL 7650 7600-7550 7700 NOT EXECUTED 08/08/14 VOLTAS FUTURE BUY 204-205 209-212 202 SL TRIGGERED 08/08/14 TCS FUTURE SELL 2490-2500 2450-2410 2540 CALL OPEN 08/08/14 TATASPONGE CASH SELL 860 844-828 876 BOOKED PROFIT 05/08/14 CESC FUTURE SELL 680 700715 665 CALL OPEN
  • 8. DAILY REPORT 11th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 NEXT WEEK'S U.S. ECONOMIC REPORTS ECONOMIC CALENDAR The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making invest- ment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular invest- ments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex- pressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Disclaimer TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS MONDAY, AUG. 11 NONE SCHEDULED TUESDAY, AUG. 12 7:30 am NFIB small business survey July 10 am Job openings June 4.6 mln 2 pm Federal budget July -$98 bln WEDNESDAY, AUG. 13 8:30 am Retail sales July 0.2% 8:30 am Retail sales ex-autos July 0.4% 10 am Business inventories June 0.5% THURSDAY, AUG. 14 8:30 am Weekly jobless claims Aug. 9 N/A 8:30 am Import price index July 0.1% FRIDAY, AUG. 15 8:30 am Producer price index July 0.4% 8:30 am Empire state index Aug. 25.6 9:15 am Industrial production July 0.2% 9:15 am Capacity utilization July 79.1% 9:55 am Consumer sentiment Aug. 81.8