SlideShare a Scribd company logo
1 of 8
Download to read offline
DAILY REPORT
02nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Singapore bank shares surged on Wednesday after two top
lenders reported record profit for the first quarter, prop-
ping up the main index from 2-week lows.
Asian shares edged up and the dollar held slim gains amid
expectations for an upbeat U.S. payrolls report later in the
session, which could show the economy shaking off a se-
vere winter. The Asian markets drew scant impetus from
Wall Street, which closed little changed ahead of the jobs
report. MSCI's broadest index of Asia-Pacific shares out-
side Japan rose 0.4 percent. China's markets are closed on
Friday.
Wall Street Update
US stocks surged on Wednesday with the Dow Jones end-
ing at a record high on the back of Federal Bank's encour-
aging view on the economic prospects after it announced
further reduction in its bond-buying program. The Fed in a
statement said it would cut its monthly bond purchases to
$45 billion from $55 billion.
U.S. stocks rose on Tuesday, helped by upbeat results from
companies including Merck & Co and Sprint, as well as
more deal activity on the healthcare front. The Dow Jones
industrial average rose 91.86 points or 0.56 percent, to
16,540.6, the S&P 500 gained 8.35 points or 0.45 percent,
to 1,877.78 and the Nasdaq Composite added 28.264
points or 0.69 percent, to 4,102.665.
Previous day Roundup
Equity benchmarks closed at two-week low on Wednesday
with the Nifty falling below 6700-mark weighed down by
realty, infrastructure and metals stocks. After swinging
sharply during the day, the index lost 18.85 points to close
at 6696.40 and the Sensex was down 48.39 points
to22417.80, continuing downtrend for the fourth consecu-
tive session. The broader markets saw major selling pres-
sure compared to benchmarks with the BSE Midcap and
Smallcap indices declining 1.1% and 1.65%, respectively.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
183.01pts], Capital Goods [down 250.63pts], PSU [down
21.83pts], FMCG [up 11.04pts], Realty [down 78.23pts],
Power [down 35.85pts], Auto [up 49.32pts], Healthcare
[down 32.91pts], IT [down 23.53pts], Metals [down
116.39pts], TECK [down 33.54pts], Oil& Gas [up 3.11pts].
World Indices
Index Value % Change
D J l 16,558.87 -0.13
S&P 500 1,883.68 -0.01
NASDAQ 4,127.45 +0.31
EURO STO 3,198.66 +0.01
FTSE 100 6,808.87 +0.43
Nikkei 225 14,454.46 -0.21
Hong Kong 22,303.63 +0.77
Top Gainers
Company CMP Change % Chg
HEROMOTOCO 2215.4 70.20 +3.27
ONGC 326.50 6.20 +1.94
TATAMOTORS 416.90 7.95 +1.94
ASIANPAINT 505.40 7.80 +1.57
DRREDDY 2703.00 38.35 +1.44
Top Losers
Company CMP Change % Chg
DLF 139.45 14.30 -9.30
TATAPOWER 78.15 2.75 -3.40
BHEL 181.05 5.50 -2.95
SSLT 185.60 5.00 -2.62
BHARTIARTL 328.00 7.00 2.09
Stocks at 52 Week’s high
Symbol Prev. Close Change %Chg
AMARAJABAT 415.00 -0.90 -0.22
BAJFINANCE 1862.80 -9.75 -0.52
BANKBARODA 817.00 -0.15 -0.02
GLENMARK 613.00 26.65 +4.55
M&M 1076.85 8.85 +0.83
Indian Indices
Company CMP Change % Chg
NIFTY 6696.40 -18.85 -0.28
SENSEX 22,417.80 -48.39 -0.22
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg
- -
DAILY REPORT
02nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. GLENMARK [FUTURE]
GLENMARK FUTURE is looking strong on charts, long build
up has been seen, we may see more upside, if it sustains
above 600 levels. We advise buying around 600-610 levels
with strict stop loss 580 for the targets of 630-650 levels.
2. HDIL [FUTURE]
HDIL FUTURE is looking weak on charts, short build up has
been seen, we may see more downside, if it sustains below
70 levels. We advise selling around 70-72 levels with strict
stop loss 75 for the targets of 67-65 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. FUTURE RETAIL LTD.
FRL is looking strong on charts. We advise buying around
130 levels with strict stop loss of 125 for the targets of 135-
140 levels.
MACRO NEWS
Bharti Airtel's net profit for the fourth quarter jumped
89% from a year earlier, as India's No. 1 carrier's data
revenue surged and voice business benefitted from easing
competition, though its Africa operations continued to be
a drag. Net profit rose to Rs 962 cr from Rs 509 cr a year
earlier. Revenue for the quarter was up.
India made it clear it will not take part in any unilateral
investigation by the US on its intellectual property rights
(IPR). India is ready to discuss any issue related to trade
and IPR only at the India-US Trade Policy Forum.
Indian solar equipment manufacturing industry demands
35% anti-dumping duty on solar cell imports.
Infrastructure firms come under finance ministry scanner
for over-invoicing equipment.
As many as 25 large companies may find it difficult to ar-
range Rs 53,200 cr to repay debt this financial year after
RBI tightened norms for domestic firms borrowing foreign
currency overseas to retire rupee loans.
India to sell 160 billion rupees of bonds today.
India's manufacturing PMI data.
Indian automakers continue to report April sales.
India's foreign reserves and bank lending data.
DAILY REPORT
02nd
MAY 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 6,500 131 1,12,666 37,08,800
NIFTY PE 6,400 99.85 94,324 25,27,000
NIFTY PE 6,300 74.25 83,190 21,77,400
BANKNIFTY PE 11,500 135 5,921 1,03,900
MCDOWELL-N PE 2,800 39.15 2,124 6,10,500
SBIN PE 2,000 82 1,705 1,12,750
DLF PE 140 9.65 1,566 13,20,000
AXISBANK PE 1,500 66.8 1,358 2,13,250
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 7,000 123.1 1,10,039 38,19,800
NIFTY CE 6,800 201.8 94,261 29,88,850
NIFTY CE 7,200 67.55 86,934 19,95,200
BANKNIFTY CE 14,000 224 10,360 1,80,275
SBIN CE 2,100 109.5 5,060 3,49,250
ICICIBANK CE 1,300 48.8 3,017 6,23,250
RELIANCE CE 1,000 18.95 2,893 9,77,250
UNITECH CE 20 0.5 2,764 1,20,24,000
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 79960 2686.25 87896 2953.33 258958 8661.74 -267.08
INDEX OPTIONS 301981 10076.49 303731 10181.13 1309355 43766.90 -104.64
STOCK FUTURES 110392 3475.63 108391 3424.92 1218750 37183.19 50.71
STOCK OPTIONS 39371 1265.18 39847 1274.98 42015 1291.20 -9.80
TOTAL -330.80
INDICES R2 R1 PIVOT S1 S2
NIFTY 6,834.47 6,765.43 6,711.12 6,642.08 6,587.77
BANK NIFTY 13260.55 13,058.20 12,898.40 12,696.05 12,536.25
STOCKS IN NEWS
SpiceJet announces sale offer; fares starting at Rs
1899.
Tata Chemicals completes amalgamation of HIPL with
itself.
Kotak Mahindra Bank Q4 standalone net profit falls 7%
YoY.
Shriram City Union Finance Q4 Net rises 21% to Rs 151
crore.
Bata India Q1 net up by 2.44 per cent at Rs 39.4 cr.
Suzlon hopes to get new wind projects of 300-500 MW
in FY15.
NIFTY FUTURE
Nifty Future closed in the red in the last trading session.
We advise selling around 6750-6780 levels with strict
stop loss of 6800 for the targets of 6720-6680.
DAILY REPORT
02nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER (July) ABOVE 41800 TGTS 42000/42300 SL
41500
SELL SILVER (July) BELOW 41500 TGTS 41300/41000 SL
41800
GOLD
TRADING STRATEGY:
BUY GOLD(JUN) ABOVE 28650 TGTS 28730/28830 SL 28550
SELL GOLD(JUN) BELOW 28500 TGTS 28420/28320 SL 28900
COMMODITY ROUNDUP
Brent oil was pressured by lackluster Chinese economic
data and expectations for a rebound in Libyan oil exports
while US crude also fell on news that stockpiles reached
multi-decade highs. From the precious metals space, gold
prices remained flat after a 1 percent cut on Thursday, after
the Federal Reserve announced a further cut in its stimulus
program and reiterated its confidence in the US economic
outlook despite weak first-quarter growth.
MCX gold futures tumbled below Rs 28700 per 10 grams
following losses in the international counterpart ahead of
the end of 2 day. On the economic front today, the Eurostat
said its preliminary April report showed consumer prices
rose 0.7%. The euro rose against the U.S. dollar Wednesday
after a euro-zone inflation reading for April came in below
expectations. The euro bought $1.3821, moving up from
$1.3796, just after International gold for June delivery is
down $4.5 at $1,291.8 an ounce in electronic trade. The
domestic gold futures tumbled to as low as Rs 28660 per 10
grams so far in the session. The metal was last seen trading
down Rs 30 at Rs 28720.
The prices of Indian Copper are slowly slipping further down
in the evening trades. Unable to hold ground Copper looks
all the more weak in the coming days. The metal has been
facing pressure from the rise in Copper production in the
world markets. However, the first quarter 2014 report of
Antofagasta showed a decline in Copper production. This
has failed to support the metal used in electricity and con-
struction. Indian Copper futures for June expiry were last
seen trading at Rs 413.5 per kg. The prices tested a high of
Rs 415.35 per kg, and a low of Rs 412.8 per kg. The supports
for MCX Copper are emerging at Rs 410 and 408 per kg.
US Steel has turned a quarterly profit for the first time in
more than a year as its costs decreased and its flat-rolled
steel business performed better. The company had last re-
ported a profit in the third quarter of 2012, and it has lost
money for five consecutive years. The company has been
restructuring its business and reducing capacity to lower its
spending. The Pittsburgh Company said it earned $52 mil-
lion, or 34 cents per share, in the first quarter, compared
with a loss of $73 million, or 51 cents per share, a year ear-
lier. Its revenue eased 3% to $4.45 billion from $4.6 billion.
US Steel said shipments slipped to 5.1 million tons from 5.5
million tons, but unlike last year, the flat-rolled steel busi-
ness was profitable.
COMMODITY MCX
DAILY REPORT
02nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA ABOVE 9420 TGTS 9450,9500 SL 9370
SELL DHANIYA BELOW 9350 TGTS 9320,9270 SL 9400
GUARSEED
BUY GUARSEED ABOVE 5480 TGTS 5510,5560 SL 5430
SELL GUARSEED BELOW 5335 TGTS 5305,5255 SL 5385
NCDEX
NCDEX INDICES
Index Value % Change
Castor Seed 4099 +0.32
Chana 3066 -1.41
Coriander 9378 -0.73
Cotton Seed Oilcake 1571 -0.82
Jeera 5385 -3.06
Maize– Feed/Industrial
Grade
10500 0.00
Mustard seed 3539 -0.53
Soy Bean 4790 -0.05
Turmeric 6736 -2.46
NCDEX ROUNDUP
Heavy selling was seen in maize market on the heels of
fresh supplies in Bihar mandi coupled with silent demand in
export demand . The NCDEX futures declined by 2% in the
last one week Fresh supplies of new crop in the major
mandies of Bihar have prompted strong selling in local
mandies. Traders mentioned that 10-20 thousand bags of
new arrivals have been reported in the state. These arrivals
are likely to gain momentum in the coming days. Moreover,
the total rabi maize production in Bihar is estimated at 40
lakh tonnes , up 8 lakh tonnes from the last year due to fa-
vourable rainfall during the crop formation stage.
The prices were also daunted by silent demand in export
market as higher prices of domestic maize in international
market have kept export demand fragile in local mandies.
The NCDEX future declined by 2% in the last one week to
settle at Rs 1151 per quintal. The NCDEX futures shrugged
off 4 % in open interest indicating fresh selling by traders.
Heavy selling was seen in maize market on the heels of
fresh supplies in Bihar mandi coupled with silent demand in
export demand . The NCDEX futures declined by 2% in the
last one week. As per market sources, fresh supplies of new
crop in the major mandies of Bihar have prompted strong
selling in local mandies. Traders mentioned that 10-20 thou-
sand bags of new arrivals have been reported in the state.
DAILY REPORT
02nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
JPY/INR
SELL JPY/INR BELOW 58.98 TGTS 58.84, 58.69 SL 59.20.
BUY JPY/INR ABOVE 59.45 TGTS 59.59,59.74 SL 59.23.
USD/INR
SELL USD/INR BELOW 60.45 TGTS 60.31,60.16 SL 60.67.
BUY USD/INR ABOVE 60.83 TGTS 60.97,61.12 SL 60.61.
CURRENCY ROUNDUP
The rupee gained against the US dollar on Wednesday to
end at Rs 60.34 vs previous close of Rs 60.42 on persistent
selling of the US dollar by exporters and corporates amid
capital inflows. The currency fell 0.7% in April after having
hit an eight-month high of 59.5950 on April 2, as a rally in
domestic shares stalled as India embarked on a five-week
election process set to conclude next month.
The dollar struggled to make any headway early on Friday,
still languishing near a three-week trough against a basket
of major currencies as investors stayed on the sidelines
ahead of a closely watched U.S. employment report. The
dollar was broadly lower against most of the other major
currencies on Thursday after far weaker than expected data
on U.S. first quarter growth, while the pound rose to almost
five year highs following robust U.K. factory data.
The euro was trading at three-week highs against the dollar,
with EUR/USD up 0.10% to 1.3880. The dollar remained on
the back foot after data on Wednesday showed that the
U.S. economy expanded at an annual rate of just 0.1% in the
first quarter, well below forecasts for an expansion of 1.2%.
The US Dollar Index, which tracks the performance of the
greenback versus a basket of six other major currencies,
slumped to a three-week low of 79.52. U.S. Treasury debt
prices advanced on Thursday, pushing yields on long-dated
bonds to multi-month lows, in a market that continued to
cover short positions ahead of Friday's all-important U.S.
nonfarm payrolls data.
The Reserve Bank of India said on Wednesday it accepted all
58 bids for 216.90 billion rupees ($3.59 billion) at its two-
day repo auction, through which it injects liquidity into the
banking system. Indian banks' refinancing with RBI falls to
522.25 billion rupees. Indian banks' cash balances with RBI
rise to 3.34 trillion rupees.
CURRENCY
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 60.3375 Yen-100 58.9300
Euro 83.3060 GBP 101.4515
DAILY REPORT
02nd
MAY 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
30/04/14 MCX GOLD JUNE BUY 28850 28930-29030 28730 NOT EXECUTED
30/04/14 MCX GOLD JUNE SELL 28690 28610-28510 28800 BOOKED PROFIT
30/04/14 MCX SILVER MAY BUY 42200 42500-42800 41900 NOT EXECUTED
30/04/14 MCX SILVER MAY SELL 41700 41500-41200 42000
BOOKED FULL
PROFIT
30/04/14 NCDEX GUARSEED MAY BUY 5640 5670-5720 5590 SL TRIGGERED
30/04/14 NCDEX GUARSEED MAY SELL 5500 5470-5420 5550 SL TRIGGERED
30/04/14 NCDEX DHANIYA MAY BUY 9475 9505-9555 9425 NOT EXECUTED
30/04/14 NCDEX DHANIYA MAY SELL 9400 9370-9320 9450
BOOKED FULL
PROFIT
30/04/14 GBP/INR MAY BUY 102.47 102.61-102.76 102.25 NOT EXECUTED
30/04/14 GBP/INR MAY SELL 101.90 101.76-101.61 102.12 BOOKED PROFIT
30/04/14 EUR/INR MAY SELL 84.00 83.86-83.71 84.22 NOT EXECUTED
30/04/14 EUR/INR MAY BUY 84.52 84.66-84.81 84.30 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
30/04/14 NIFTY FUTURE SELL 6820-6800 6760-6720 6850
BOOKED FULL
PROFIT
30/04/14 HEXAWARE FUTURE SELL 150-155 145-140 160 CALL OPEN
30/04/14 JAIN IRRIGATION FUTURE BUY 85-84 88-90 81 SL TRIGGERED
30/04/14 SPARC CASH BUY 180 188-196 172 SL TRIGGERED
29/04/14 ASIAN PAINTS FUTURE SELL 500 490-475 512 SL TRIGGERED
16/04/14 TCS FUTURE BUY 2200-2240 2280-2300 2160 CALL OPEN
15/04/14 INDUSIND BANK FUTURE SELL 500-495 480-460 520 BOOKED PROFT
DAILY REPORT
02nd
MAY 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, APRIL 28
10 AM PENDING HOME SALES MARCH -- -0.8%
TUESDAY, APRIL 29
9 AM CASE-SHILLER HOME PRICES FEB. -- 13.2% Y-O-Y
10 AM CONSUMER CONFIDENCE INDEX APRIL 83.0 82.3
10 AM RENTAL VACANCY RATE Q1 -- 8.2%
WEDNESDAY, APRIL 30
8:15 AM ADP EMPLOYMENT APRIL -- 191,000
8:30 AM GDP 1Q 1.0% 2.6%
8:30 AM EMPLOYMENT COST INDEX 1Q 0.5% 0.5%
9;45 AM CHICAGO PMI APRIL 56.5 55.9
2 PM FOMC STATEMENT
THURSDAY, MAY 01
8:30 AM JOBLESS CLAIMS 4/26 N/A N/A
8:30 AM PERSONAL INCOME MARCH 0.4% 0.3%
8:30 AM CONSUMER SPENDING MARCH 0.5% 0.3%
9:45 AM MARKIT PMI APRIL -- N/A
10 AM ISM APRIL 54.0% 53.7%
10 AM CONSTRUCTION SPENDING MARCH 0.7% 0.1%
TBA MOTOR VEHICLE SALES APRIL 16.2 MLN 16.3 MLN
FRIDAY, MAY 02
8:30 AM NONFARM PAYROLLS APRIL 210,000 192,000
8:30 AM UNEMPLOYMENT RATE APRIL 6.6% 6.7%
10 AM FACTORY ORDERS MARCH 1.5% 1.6%

More Related Content

Recently uploaded

Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Bhubaneswar🌹Kalpana Mesuem  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...Bhubaneswar🌹Kalpana Mesuem  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...Call Girls Mumbai
 
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...batoole333
 
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Adnet Communications
 
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...batoole333
 
Strategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate PresentationStrategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate PresentationAdnet Communications
 
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...Henry Tapper
 
Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...
Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...
Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...priyasharma62062
 
Female Russian Escorts Mumbai Call Girls-((ANdheri))9833754194-Jogeshawri Fre...
Female Russian Escorts Mumbai Call Girls-((ANdheri))9833754194-Jogeshawri Fre...Female Russian Escorts Mumbai Call Girls-((ANdheri))9833754194-Jogeshawri Fre...
Female Russian Escorts Mumbai Call Girls-((ANdheri))9833754194-Jogeshawri Fre...priyasharma62062
 
Webinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumWebinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumFinTech Belgium
 
7 steps to achieve financial freedom.pdf
7 steps to achieve financial freedom.pdf7 steps to achieve financial freedom.pdf
7 steps to achieve financial freedom.pdfthemoneyacademy07
 
Bhubaneswar🌹Ravi Tailkes ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
Bhubaneswar🌹Ravi Tailkes  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...Bhubaneswar🌹Ravi Tailkes  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
Bhubaneswar🌹Ravi Tailkes ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...Call Girls Mumbai
 
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.hyt3577
 
Vip Call Girls Rasulgada😉 Bhubaneswar 9777949614 Housewife Call Girls Servic...
Vip Call Girls Rasulgada😉  Bhubaneswar 9777949614 Housewife Call Girls Servic...Vip Call Girls Rasulgada😉  Bhubaneswar 9777949614 Housewife Call Girls Servic...
Vip Call Girls Rasulgada😉 Bhubaneswar 9777949614 Housewife Call Girls Servic...Call Girls Mumbai
 
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...janibaber266
 
Premium Call Girls Bangalore Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top...
Premium Call Girls Bangalore Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top...Premium Call Girls Bangalore Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top...
Premium Call Girls Bangalore Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top...vershagrag
 
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdf
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdfMASTERING FOREX: STRATEGIES FOR SUCCESS.pdf
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdfCocity Enterprises
 
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...rightmanforbloodline
 
Q1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdfQ1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdfAdnet Communications
 

Recently uploaded (20)

Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Bhubaneswar🌹Kalpana Mesuem  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...Bhubaneswar🌹Kalpana Mesuem  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
 
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
 
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024
 
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
 
Strategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate PresentationStrategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate Presentation
 
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
 
Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...
Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...
Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...
 
W.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdfW.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdf
 
Female Russian Escorts Mumbai Call Girls-((ANdheri))9833754194-Jogeshawri Fre...
Female Russian Escorts Mumbai Call Girls-((ANdheri))9833754194-Jogeshawri Fre...Female Russian Escorts Mumbai Call Girls-((ANdheri))9833754194-Jogeshawri Fre...
Female Russian Escorts Mumbai Call Girls-((ANdheri))9833754194-Jogeshawri Fre...
 
Webinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumWebinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech Belgium
 
7 steps to achieve financial freedom.pdf
7 steps to achieve financial freedom.pdf7 steps to achieve financial freedom.pdf
7 steps to achieve financial freedom.pdf
 
Bhubaneswar🌹Ravi Tailkes ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
Bhubaneswar🌹Ravi Tailkes  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...Bhubaneswar🌹Ravi Tailkes  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
Bhubaneswar🌹Ravi Tailkes ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
 
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
 
Vip Call Girls Rasulgada😉 Bhubaneswar 9777949614 Housewife Call Girls Servic...
Vip Call Girls Rasulgada😉  Bhubaneswar 9777949614 Housewife Call Girls Servic...Vip Call Girls Rasulgada😉  Bhubaneswar 9777949614 Housewife Call Girls Servic...
Vip Call Girls Rasulgada😉 Bhubaneswar 9777949614 Housewife Call Girls Servic...
 
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
 
Premium Call Girls Bangalore Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top...
Premium Call Girls Bangalore Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top...Premium Call Girls Bangalore Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top...
Premium Call Girls Bangalore Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top...
 
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdf
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdfMASTERING FOREX: STRATEGIES FOR SUCCESS.pdf
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdf
 
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
 
Q1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdfQ1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdf
 
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
 

Featured

PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...DevGAMM Conference
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationErica Santiago
 

Featured (20)

PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 
More than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike RoutesMore than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike Routes
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy Presentation
 

Stock market special report by epic research 2nd may 2014

  • 1. DAILY REPORT 02nd MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Singapore bank shares surged on Wednesday after two top lenders reported record profit for the first quarter, prop- ping up the main index from 2-week lows. Asian shares edged up and the dollar held slim gains amid expectations for an upbeat U.S. payrolls report later in the session, which could show the economy shaking off a se- vere winter. The Asian markets drew scant impetus from Wall Street, which closed little changed ahead of the jobs report. MSCI's broadest index of Asia-Pacific shares out- side Japan rose 0.4 percent. China's markets are closed on Friday. Wall Street Update US stocks surged on Wednesday with the Dow Jones end- ing at a record high on the back of Federal Bank's encour- aging view on the economic prospects after it announced further reduction in its bond-buying program. The Fed in a statement said it would cut its monthly bond purchases to $45 billion from $55 billion. U.S. stocks rose on Tuesday, helped by upbeat results from companies including Merck & Co and Sprint, as well as more deal activity on the healthcare front. The Dow Jones industrial average rose 91.86 points or 0.56 percent, to 16,540.6, the S&P 500 gained 8.35 points or 0.45 percent, to 1,877.78 and the Nasdaq Composite added 28.264 points or 0.69 percent, to 4,102.665. Previous day Roundup Equity benchmarks closed at two-week low on Wednesday with the Nifty falling below 6700-mark weighed down by realty, infrastructure and metals stocks. After swinging sharply during the day, the index lost 18.85 points to close at 6696.40 and the Sensex was down 48.39 points to22417.80, continuing downtrend for the fourth consecu- tive session. The broader markets saw major selling pres- sure compared to benchmarks with the BSE Midcap and Smallcap indices declining 1.1% and 1.65%, respectively. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 183.01pts], Capital Goods [down 250.63pts], PSU [down 21.83pts], FMCG [up 11.04pts], Realty [down 78.23pts], Power [down 35.85pts], Auto [up 49.32pts], Healthcare [down 32.91pts], IT [down 23.53pts], Metals [down 116.39pts], TECK [down 33.54pts], Oil& Gas [up 3.11pts]. World Indices Index Value % Change D J l 16,558.87 -0.13 S&P 500 1,883.68 -0.01 NASDAQ 4,127.45 +0.31 EURO STO 3,198.66 +0.01 FTSE 100 6,808.87 +0.43 Nikkei 225 14,454.46 -0.21 Hong Kong 22,303.63 +0.77 Top Gainers Company CMP Change % Chg HEROMOTOCO 2215.4 70.20 +3.27 ONGC 326.50 6.20 +1.94 TATAMOTORS 416.90 7.95 +1.94 ASIANPAINT 505.40 7.80 +1.57 DRREDDY 2703.00 38.35 +1.44 Top Losers Company CMP Change % Chg DLF 139.45 14.30 -9.30 TATAPOWER 78.15 2.75 -3.40 BHEL 181.05 5.50 -2.95 SSLT 185.60 5.00 -2.62 BHARTIARTL 328.00 7.00 2.09 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg AMARAJABAT 415.00 -0.90 -0.22 BAJFINANCE 1862.80 -9.75 -0.52 BANKBARODA 817.00 -0.15 -0.02 GLENMARK 613.00 26.65 +4.55 M&M 1076.85 8.85 +0.83 Indian Indices Company CMP Change % Chg NIFTY 6696.40 -18.85 -0.28 SENSEX 22,417.80 -48.39 -0.22 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg - -
  • 2. DAILY REPORT 02nd MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. GLENMARK [FUTURE] GLENMARK FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 600 levels. We advise buying around 600-610 levels with strict stop loss 580 for the targets of 630-650 levels. 2. HDIL [FUTURE] HDIL FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 70 levels. We advise selling around 70-72 levels with strict stop loss 75 for the targets of 67-65 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. FUTURE RETAIL LTD. FRL is looking strong on charts. We advise buying around 130 levels with strict stop loss of 125 for the targets of 135- 140 levels. MACRO NEWS Bharti Airtel's net profit for the fourth quarter jumped 89% from a year earlier, as India's No. 1 carrier's data revenue surged and voice business benefitted from easing competition, though its Africa operations continued to be a drag. Net profit rose to Rs 962 cr from Rs 509 cr a year earlier. Revenue for the quarter was up. India made it clear it will not take part in any unilateral investigation by the US on its intellectual property rights (IPR). India is ready to discuss any issue related to trade and IPR only at the India-US Trade Policy Forum. Indian solar equipment manufacturing industry demands 35% anti-dumping duty on solar cell imports. Infrastructure firms come under finance ministry scanner for over-invoicing equipment. As many as 25 large companies may find it difficult to ar- range Rs 53,200 cr to repay debt this financial year after RBI tightened norms for domestic firms borrowing foreign currency overseas to retire rupee loans. India to sell 160 billion rupees of bonds today. India's manufacturing PMI data. Indian automakers continue to report April sales. India's foreign reserves and bank lending data.
  • 3. DAILY REPORT 02nd MAY 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 6,500 131 1,12,666 37,08,800 NIFTY PE 6,400 99.85 94,324 25,27,000 NIFTY PE 6,300 74.25 83,190 21,77,400 BANKNIFTY PE 11,500 135 5,921 1,03,900 MCDOWELL-N PE 2,800 39.15 2,124 6,10,500 SBIN PE 2,000 82 1,705 1,12,750 DLF PE 140 9.65 1,566 13,20,000 AXISBANK PE 1,500 66.8 1,358 2,13,250 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,000 123.1 1,10,039 38,19,800 NIFTY CE 6,800 201.8 94,261 29,88,850 NIFTY CE 7,200 67.55 86,934 19,95,200 BANKNIFTY CE 14,000 224 10,360 1,80,275 SBIN CE 2,100 109.5 5,060 3,49,250 ICICIBANK CE 1,300 48.8 3,017 6,23,250 RELIANCE CE 1,000 18.95 2,893 9,77,250 UNITECH CE 20 0.5 2,764 1,20,24,000 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 79960 2686.25 87896 2953.33 258958 8661.74 -267.08 INDEX OPTIONS 301981 10076.49 303731 10181.13 1309355 43766.90 -104.64 STOCK FUTURES 110392 3475.63 108391 3424.92 1218750 37183.19 50.71 STOCK OPTIONS 39371 1265.18 39847 1274.98 42015 1291.20 -9.80 TOTAL -330.80 INDICES R2 R1 PIVOT S1 S2 NIFTY 6,834.47 6,765.43 6,711.12 6,642.08 6,587.77 BANK NIFTY 13260.55 13,058.20 12,898.40 12,696.05 12,536.25 STOCKS IN NEWS SpiceJet announces sale offer; fares starting at Rs 1899. Tata Chemicals completes amalgamation of HIPL with itself. Kotak Mahindra Bank Q4 standalone net profit falls 7% YoY. Shriram City Union Finance Q4 Net rises 21% to Rs 151 crore. Bata India Q1 net up by 2.44 per cent at Rs 39.4 cr. Suzlon hopes to get new wind projects of 300-500 MW in FY15. NIFTY FUTURE Nifty Future closed in the red in the last trading session. We advise selling around 6750-6780 levels with strict stop loss of 6800 for the targets of 6720-6680.
  • 4. DAILY REPORT 02nd MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER (July) ABOVE 41800 TGTS 42000/42300 SL 41500 SELL SILVER (July) BELOW 41500 TGTS 41300/41000 SL 41800 GOLD TRADING STRATEGY: BUY GOLD(JUN) ABOVE 28650 TGTS 28730/28830 SL 28550 SELL GOLD(JUN) BELOW 28500 TGTS 28420/28320 SL 28900 COMMODITY ROUNDUP Brent oil was pressured by lackluster Chinese economic data and expectations for a rebound in Libyan oil exports while US crude also fell on news that stockpiles reached multi-decade highs. From the precious metals space, gold prices remained flat after a 1 percent cut on Thursday, after the Federal Reserve announced a further cut in its stimulus program and reiterated its confidence in the US economic outlook despite weak first-quarter growth. MCX gold futures tumbled below Rs 28700 per 10 grams following losses in the international counterpart ahead of the end of 2 day. On the economic front today, the Eurostat said its preliminary April report showed consumer prices rose 0.7%. The euro rose against the U.S. dollar Wednesday after a euro-zone inflation reading for April came in below expectations. The euro bought $1.3821, moving up from $1.3796, just after International gold for June delivery is down $4.5 at $1,291.8 an ounce in electronic trade. The domestic gold futures tumbled to as low as Rs 28660 per 10 grams so far in the session. The metal was last seen trading down Rs 30 at Rs 28720. The prices of Indian Copper are slowly slipping further down in the evening trades. Unable to hold ground Copper looks all the more weak in the coming days. The metal has been facing pressure from the rise in Copper production in the world markets. However, the first quarter 2014 report of Antofagasta showed a decline in Copper production. This has failed to support the metal used in electricity and con- struction. Indian Copper futures for June expiry were last seen trading at Rs 413.5 per kg. The prices tested a high of Rs 415.35 per kg, and a low of Rs 412.8 per kg. The supports for MCX Copper are emerging at Rs 410 and 408 per kg. US Steel has turned a quarterly profit for the first time in more than a year as its costs decreased and its flat-rolled steel business performed better. The company had last re- ported a profit in the third quarter of 2012, and it has lost money for five consecutive years. The company has been restructuring its business and reducing capacity to lower its spending. The Pittsburgh Company said it earned $52 mil- lion, or 34 cents per share, in the first quarter, compared with a loss of $73 million, or 51 cents per share, a year ear- lier. Its revenue eased 3% to $4.45 billion from $4.6 billion. US Steel said shipments slipped to 5.1 million tons from 5.5 million tons, but unlike last year, the flat-rolled steel busi- ness was profitable. COMMODITY MCX
  • 5. DAILY REPORT 02nd MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA ABOVE 9420 TGTS 9450,9500 SL 9370 SELL DHANIYA BELOW 9350 TGTS 9320,9270 SL 9400 GUARSEED BUY GUARSEED ABOVE 5480 TGTS 5510,5560 SL 5430 SELL GUARSEED BELOW 5335 TGTS 5305,5255 SL 5385 NCDEX NCDEX INDICES Index Value % Change Castor Seed 4099 +0.32 Chana 3066 -1.41 Coriander 9378 -0.73 Cotton Seed Oilcake 1571 -0.82 Jeera 5385 -3.06 Maize– Feed/Industrial Grade 10500 0.00 Mustard seed 3539 -0.53 Soy Bean 4790 -0.05 Turmeric 6736 -2.46 NCDEX ROUNDUP Heavy selling was seen in maize market on the heels of fresh supplies in Bihar mandi coupled with silent demand in export demand . The NCDEX futures declined by 2% in the last one week Fresh supplies of new crop in the major mandies of Bihar have prompted strong selling in local mandies. Traders mentioned that 10-20 thousand bags of new arrivals have been reported in the state. These arrivals are likely to gain momentum in the coming days. Moreover, the total rabi maize production in Bihar is estimated at 40 lakh tonnes , up 8 lakh tonnes from the last year due to fa- vourable rainfall during the crop formation stage. The prices were also daunted by silent demand in export market as higher prices of domestic maize in international market have kept export demand fragile in local mandies. The NCDEX future declined by 2% in the last one week to settle at Rs 1151 per quintal. The NCDEX futures shrugged off 4 % in open interest indicating fresh selling by traders. Heavy selling was seen in maize market on the heels of fresh supplies in Bihar mandi coupled with silent demand in export demand . The NCDEX futures declined by 2% in the last one week. As per market sources, fresh supplies of new crop in the major mandies of Bihar have prompted strong selling in local mandies. Traders mentioned that 10-20 thou- sand bags of new arrivals have been reported in the state.
  • 6. DAILY REPORT 02nd MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 JPY/INR SELL JPY/INR BELOW 58.98 TGTS 58.84, 58.69 SL 59.20. BUY JPY/INR ABOVE 59.45 TGTS 59.59,59.74 SL 59.23. USD/INR SELL USD/INR BELOW 60.45 TGTS 60.31,60.16 SL 60.67. BUY USD/INR ABOVE 60.83 TGTS 60.97,61.12 SL 60.61. CURRENCY ROUNDUP The rupee gained against the US dollar on Wednesday to end at Rs 60.34 vs previous close of Rs 60.42 on persistent selling of the US dollar by exporters and corporates amid capital inflows. The currency fell 0.7% in April after having hit an eight-month high of 59.5950 on April 2, as a rally in domestic shares stalled as India embarked on a five-week election process set to conclude next month. The dollar struggled to make any headway early on Friday, still languishing near a three-week trough against a basket of major currencies as investors stayed on the sidelines ahead of a closely watched U.S. employment report. The dollar was broadly lower against most of the other major currencies on Thursday after far weaker than expected data on U.S. first quarter growth, while the pound rose to almost five year highs following robust U.K. factory data. The euro was trading at three-week highs against the dollar, with EUR/USD up 0.10% to 1.3880. The dollar remained on the back foot after data on Wednesday showed that the U.S. economy expanded at an annual rate of just 0.1% in the first quarter, well below forecasts for an expansion of 1.2%. The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, slumped to a three-week low of 79.52. U.S. Treasury debt prices advanced on Thursday, pushing yields on long-dated bonds to multi-month lows, in a market that continued to cover short positions ahead of Friday's all-important U.S. nonfarm payrolls data. The Reserve Bank of India said on Wednesday it accepted all 58 bids for 216.90 billion rupees ($3.59 billion) at its two- day repo auction, through which it injects liquidity into the banking system. Indian banks' refinancing with RBI falls to 522.25 billion rupees. Indian banks' cash balances with RBI rise to 3.34 trillion rupees. CURRENCY RBI Reference Rate Currency Rate Currency Rate Rupee- $ 60.3375 Yen-100 58.9300 Euro 83.3060 GBP 101.4515
  • 7. DAILY REPORT 02nd MAY 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 30/04/14 MCX GOLD JUNE BUY 28850 28930-29030 28730 NOT EXECUTED 30/04/14 MCX GOLD JUNE SELL 28690 28610-28510 28800 BOOKED PROFIT 30/04/14 MCX SILVER MAY BUY 42200 42500-42800 41900 NOT EXECUTED 30/04/14 MCX SILVER MAY SELL 41700 41500-41200 42000 BOOKED FULL PROFIT 30/04/14 NCDEX GUARSEED MAY BUY 5640 5670-5720 5590 SL TRIGGERED 30/04/14 NCDEX GUARSEED MAY SELL 5500 5470-5420 5550 SL TRIGGERED 30/04/14 NCDEX DHANIYA MAY BUY 9475 9505-9555 9425 NOT EXECUTED 30/04/14 NCDEX DHANIYA MAY SELL 9400 9370-9320 9450 BOOKED FULL PROFIT 30/04/14 GBP/INR MAY BUY 102.47 102.61-102.76 102.25 NOT EXECUTED 30/04/14 GBP/INR MAY SELL 101.90 101.76-101.61 102.12 BOOKED PROFIT 30/04/14 EUR/INR MAY SELL 84.00 83.86-83.71 84.22 NOT EXECUTED 30/04/14 EUR/INR MAY BUY 84.52 84.66-84.81 84.30 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 30/04/14 NIFTY FUTURE SELL 6820-6800 6760-6720 6850 BOOKED FULL PROFIT 30/04/14 HEXAWARE FUTURE SELL 150-155 145-140 160 CALL OPEN 30/04/14 JAIN IRRIGATION FUTURE BUY 85-84 88-90 81 SL TRIGGERED 30/04/14 SPARC CASH BUY 180 188-196 172 SL TRIGGERED 29/04/14 ASIAN PAINTS FUTURE SELL 500 490-475 512 SL TRIGGERED 16/04/14 TCS FUTURE BUY 2200-2240 2280-2300 2160 CALL OPEN 15/04/14 INDUSIND BANK FUTURE SELL 500-495 480-460 520 BOOKED PROFT
  • 8. DAILY REPORT 02nd MAY 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, APRIL 28 10 AM PENDING HOME SALES MARCH -- -0.8% TUESDAY, APRIL 29 9 AM CASE-SHILLER HOME PRICES FEB. -- 13.2% Y-O-Y 10 AM CONSUMER CONFIDENCE INDEX APRIL 83.0 82.3 10 AM RENTAL VACANCY RATE Q1 -- 8.2% WEDNESDAY, APRIL 30 8:15 AM ADP EMPLOYMENT APRIL -- 191,000 8:30 AM GDP 1Q 1.0% 2.6% 8:30 AM EMPLOYMENT COST INDEX 1Q 0.5% 0.5% 9;45 AM CHICAGO PMI APRIL 56.5 55.9 2 PM FOMC STATEMENT THURSDAY, MAY 01 8:30 AM JOBLESS CLAIMS 4/26 N/A N/A 8:30 AM PERSONAL INCOME MARCH 0.4% 0.3% 8:30 AM CONSUMER SPENDING MARCH 0.5% 0.3% 9:45 AM MARKIT PMI APRIL -- N/A 10 AM ISM APRIL 54.0% 53.7% 10 AM CONSTRUCTION SPENDING MARCH 0.7% 0.1% TBA MOTOR VEHICLE SALES APRIL 16.2 MLN 16.3 MLN FRIDAY, MAY 02 8:30 AM NONFARM PAYROLLS APRIL 210,000 192,000 8:30 AM UNEMPLOYMENT RATE APRIL 6.6% 6.7% 10 AM FACTORY ORDERS MARCH 1.5% 1.6%