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DAILY REPORT
04th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
European stocks sank in huge volumes on Friday for the
third straight session, with a broad index hitting a 3-1/2
month low, hurt by concerns over losses at Banco Espirito
Santo as well as tension between Russia and the West.
The FTSEurofirst 300 index of top European shares ended
1.2 percent lower on Friday, at 1,332.68 points, a level not
seen since mid-April.
Japan's Nikkei average fell on Monday 0.4 percent while
MSCI's broadest index of Asia-Pacific shares outside Ja-
pan .MIAPJ0000PUS> was off 0.05 percent.
Wall Street
U.S. stocks ended lower for a second day and the S&P 500
posted its biggest weekly decline since 2012 on Friday as
concerns over Argentina's default continued to dog senti-
ment. The Dow Jones industrial average .DJI fell 69.93
points, or 0.42 percent, to 16,493.37, the S&P 500 .SPX
lost 5.52 points, or 0.29 percent, to 1,925.15, and the
Nasdaq Composite .IXIC dropped 17.13 points, or 0.39
percent, to 4,352.64.
Previous day Roundup
Equity benchmarks crashed on the first day of August se-
ries (Friday) with the Sensex shedding more than 400
points, the biggest fall since July 9, triggered by global con-
cerns and profit booking. The Indian rupee, too, saw sharp
depreciation with the currency falling to 61.18 to the dol-
lar at close despite the RBI’s efforts of selling dollars at
60.86 level to contain fall. It declined 63 paise compared
to previous day’s close of 60.55 a dollar. The 30-share BSE
Sensex was down 414.13 points or 1.60 percent to close at
25480.84 while the 50-share NSE Nifty broke the 7600-
mark intraday, before closing at 7602.60, down 118.70
points or 1.54 percent compared to previous day’s close.
The market saw the highest turnover of Rs 2.3 lakh crore
on first day of August series in 2014.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [down
279.81pts], Capital Goods [down 278.27pts], PSU [down
116.15pts], FMCG [down 68.42pts], Auto [down
161.14pts], Healthcare [down 195.18pts], IT [down
147.74Pts], Metals [down 248.73pts], TECK [down
59.51pts], Oil& Gas [down 232.12pts], Power [down
39.89pts], Realty [down 19.45pts].
World Indices
Index Value % Change
D J l 16493.37 -0.42
S&P 500 1925.15 -0.29
NASDAQ 4352.64 -0.39
EURO STO 3072.57 -1.38
FTSE 100 6679.18 -0.76
Nikkei 225 15523.11 -0.63
Hong Kong 24532.43 -0.91
Top Gainers
Company CMP Change % Chg
BANKBARODA 893.00 21.15 2.43
MARUTI 2,579.00 54.95 2.18
DLF 202.50 4.25 2.14
ULTRACEMCO 2,472.00 51.15 2.11
BHARTIARTL 379.40 6.50 1.74
Top Losers
Company CMP Change % Chg
HINDALCO 184.40 7.30 -3.81
RELIANCE 976.00 30.45 -3.03
SUNPHARMA 767.05 23.90 -3.02
CIPLA 442.75 13.75 -3.01
JINDALSTEL 266.55 8.25 -3.00
Stocks at 52 Week’s high
Symbol Prev. Close Change %Chg
ATUL AUTO 655.00 24.90 +3.95
BHARTIARTL 379.40 6.50 +1.74
COX&KINGS 261.70 3.30 -1.25
GLENMARK 685.5 26.20 +3.97
HINDUNLVR 693.00 6.40 +0.93
Indian Indices
Company CMP Change % Chg
NIFTY 7602.60 -118.70 -1.54
SENSEX 25,480.84 -414.13 -1.60
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg
DAILY REPORT
04th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1.CENTURY TEXTILE FUTURE
CENTURY TEXTILE FUTURE is looking weak on charts, short
build up has been seen, we may see more downside, if it
sustains below 590 levels. We advise selling around 590-
595 levels with strict stop loss of 600 for the targets of 585-
580 levels.
2.TITAN FUTURE
TITAN FUTURE is looking weak on charts, short build up has
been seen, we may see more downside, if it sustains below
335 levels. We advise selling around 330-335 levels with
strict stop loss of 340 for the targets of 325-320 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. LIBERTY SHOE
LIBERTY SHOE week on daily chart. We advise selling around
266 level with strict stop loss 270 for the targets of 262-258
MACRO NEWS
India’s coal, steel, electricity and cement industries were
among those that witnessed revival in first quarter of
2014-15 while negative or marginal growth was witnessed
in Oil and Gas sector. The performance of eight core in-
dustries during the April-June 2014 has improved to clock
4.6 percent level from 3.3 percent till May 2014. The 7.3
percent growth achieved in June reflects the revival of the
performance in the core industries.
Passenger car sales rose for the third month in July, yet
another indicator economy may finally be in turnaround
mode after having slumped to less than 5% growth in the
past two years. Carmakers announced sales numbers for
last month as India's manufacturing activity jumped to a
17-month high on a surge in new orders.
The HSBC Manufacturing Purchasing Managers' Index
rose to 53 in July from 51.5 in June. Other bright spots
include the core sector expanding at 7.3% in June and ex-
ports advancing 10.2% in the same month.
The Government hopes to save Rs 3,500 crore in oil subsi-
dies by persuading 1 crore affluent customers to voluntar-
ily pay market rates for cooking gas in response to text
messages to customers inviting them to opt out of the
subsidy for the sake of 'nation building'.
DAILY REPORT
04th
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 7,600 108.3 3,40,825 37,58,450
NIFTY PE 7,500 70.55 2,52,521 40,76,450
NIFTY PE 7,700 156.25 2,50,438 25,14,150
BANKNIFTY PE 15,000 272 20,022 1,37,700
SBIN PE 2,400 67.2 2,963 99,500
RELIANCE PE 960 14.8 2,863 4,11,250
MARUTI PE 2,500 34.45 2,291 1,13,250
SBIN PE 2,300 34 2,154 83,625
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 7,800 46.6 3,27,966 30,48,200
NIFTY CE 7,900 25.1 2,48,539 27,20,400
NIFTY CE 7,700 81.2 2,47,129 25,79,600
BANKNIFTY CE 16,000 118 31,122 2,70,100
SBIN CE 2,600 39.9 8,295 5,86,500
RELIANCE CE 1,020 13.1 4,067 6,22,250
MARUTI CE 2,600 64 3,859 59,125
ICICIBANK CE 1,500 40 3,043 2,82,750
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 63657 2442.23 93635 3587.96 247731 9437.77 -1145.73
INDEX OPTIONS 431009 16453.21 350327 13403.04 1214413 46158.49 3050.18
STOCK FUTURES 92996 3386.91 77946 2868.16 1374401 48837.51 518.74
STOCK OPTIONS 56498 2013.32 52430 1870.29 36454 1265.40 143.03
TOTAL 2566.23
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
Results Today: Power Grid, Oriental Bank, Marico ,
Petronet, IGL, Tata Communications, Punj Lloyd , Atul
Auto, TBZ, SRF, Muthoot Capital , MM Forging , Kal-
pataru , Deep Industries , Aptech , India Glycols.
DLF to design small-sized houses to rev up revenues.
RIL may be denied new gas price till it makes up sup-
ply shortfall.
Mahindra & Mahindra sales down 4.12% in July.
TVS Motor July sales up 32.15% to 2,03,092 units.
NIFTY FUTURE
Nifty Future closed downside in the last trading session.
We advise selling around 7600 level with strict stop loss
of 7650 for the targets of 7550-7500.
DAILY REPORT
04th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY MCX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER SEP ABOVE 44550 TGTS 44750,45050 SL 44250
SELL SILVER SEP BELOW 44300 TGTS 44100,43800 SL 44600
GOLD
TRADING STRATEGY:
BUY GOLD OCT ABOVE 28310 TGTS 28390,28490 SL 28210
SELL GOLD OCT BELOW 28160 TGTS 28080,27980 SL 28260
COMMODITY ROUNDUP
Commodity markets remained uneventful despite a pleth-
ora of geo-political tensions-Iraqi insurgencies, repeated
clashed between western powers and Rusia, first over Cri-
mea, then Ukraine while another bloody conflict raged in
Gaza.
After being quoted at a premium to its landed cost for sev-
eral months, the price of gold was trading at a discount to a
minor premium in recent weeks. Imports increased in June
but dwindled later as demand started drying in July, also a
lean season month. Premiums for physical delivery in the
spot market have been quoted around only $5 an ounce.
The market buzz is that the Reserve Bank of India is replac-
ing its old stock of gold in its Nagpur vault with new, re-
fined gold. The old stock could be coming to the Indian
market and that supply hangover is keeping premiums un-
der check.
Crude oil has been a key driver behind the fall in S&P GSCI
since June. Brent crude oil is down 7.9 percent from the
June 19 top and down roughly 2.5 percent for the week,
trading around USD 106. Brent crude is displaying the same
volatility characteristic as that of the broad commodity
spectrum. Volatility has trended steadily down ever since
2008 and is on track for a new record low, currently at
12.6%
Zinc prices eased 0.28% to Rs 143.55 per kg in futures trade
yesterday as speculators trimmed positions amid a weak
trend overseas. Besides, low demand in domestic spot
markets fuelled downtrend. At MCX, zinc for delivery in
August traded lower by 40 paise, or 0.28%, to Rs 143.55
per kg in a business turnover of 280 lots. September zinc
shed 30 paise, or 0.21%, to Rs 144.05 per kg in three lots.
Attributed fall in zinc futures to a weak global trend and
subdued demand from consuming industries at domestic
spot markets.
Natural gas futures fell on Friday after investors locked in
gains stemming from Thursday's bullish supply report and
sold for profits. On the NYME, natural gas futures for deliv-
ery in September traded at $3.802 per million British ther-
mal units during U.S. trading, down 1.03%. The commodity
hit a session low of $3.782, and a high of $3.875.
DAILY REPORT
04th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA AUG ABOVE 11940 TGTS 11970,12020 SL
11890
SELL DHANIYA AUG BELOW 11865 TGTS 11835,11785 SL
11915
GUARSEED
BUY GUARSEED AUG ABOVE 5040 TGTS 5070,5120 SL 4990
SELL GUARSEED AUG BELOW 4985 TGTS 4955,4905 SL 5035
NCDEX
NCDEX INDICES
Index Value % Change
Castor Seed 4253 -0.58
Chana 2804 -0.11
Coriander 11900 +0.63
Cotton Seed Oilcake 1681 +0.66
Guarseed 5020 -0.20
Jeera 11220 +0.36
Mustard seed 3590 -0.19
Soy Bean 3672 +0.91
Sugar M Grade 3005 -0.40
Turmeric 6400 -0.28
NCDEX ROUNDUP
Sugar prices remained weak and fell further 0.39% to Rs
3,061 per quintal in futures trading yesterday as speculators
reduced positions amid ample supplies in the spot market.
At NCDEX, sugar for delivery in Sept. fell by Rs 12, or 0.39
per cent to Rs 3,061 per quintal with an open interest of
8,640 lots. The August contract traded lower by Rs 11, or
0.36% to Rs 3,006 per quintal in 20,810 lots. Adequate sup-
plies in the market against low demand from bulk consum-
ers weighed on the sweetener prices at futures trade.
Cardamom remained weak and prices fell further by 0.60%
to Rs 918 per kg in futures trading yesterday as speculators
engaged in reducing positions amid sluggish demand in the
spot market. At MCX, cardamom for delivery in August de-
clined further by Rs 5.50, or 0.60%, to Rs 918 per kg in a
business turnover of 127 lots. Likewise, the spice for deliv-
ery in Sept. traded lower by Rs 2.20, or 0.25%, to Rs 881.50
per kg in 26 lots. Attributed the persistent fall in cardamom
futures to low demand in the spot market against higher
supplies from producing region.
The Uttar Pradesh government says it has three million ton-
nes of sugar seized from private millers which haven’t
cleared sugarcane payment arrears to farmers. This stock is
supposed to be auctioned to raise the money but the proc-
ess is lagging for various reasons. It auctioned 530,000 ton-
nes of the seized stock in July and the money released for
farmers’ payment.
DAILY REPORT
04th
AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
EUR/INR
BUY JPY-INR ABOVE 59.84 ABOVE 60.04,60.34 SL 59.74
SELL JPY -INR BELOW 59.46 TG 59.26,58.95 SL 59.76
GBP/INR
SELL USD -INR BELOW 61.16 TG 59.96,59.66 SL 61.46
BUY USD-INR ABOVE 61.67 TG 61.97,62.27 SL 61.37
CURRENCY ROUNDUP
The Indian rupee posted its biggest weekly fall since record
low levels in August last year as the rally in the dollar in
global markets spurred banks to buy the U.S. currency for
corporate clients, prompting mild intervention by the cen-
tral bank. The falls were especially pronounced on Friday,
when the partially convertible rupee almost breached the
60.19 level, last seen on April 23, tracking broader falls in
Asian currencies. It ended down with its biggest daily de-
cline since Jan. 24. The rupee ended at 61.18/19 per dollar
against Thursday close of 60.55/56. The local currency fell
1.02 percent on the day, its biggest fall since Jan. 24, during
a period when emerging markets were gripped by risk aver-
sion over China's economy.
For the week, the rupee fell 1.8 percent, its biggest weekly
fall since late August, when it hit its last record low against
the dollar because of waning confidence in its economy and
its ability to narrow its current account deficit. Weakness in
shares also dampened sentiment, with the 50-share NSE
index falling 1.5 percent tracking weaker global markets.
Little impact was seen from a private survey on Friday
showing factory activity expanded at its fastest pace in 17
months in July and data late on Thursday showing annual
infrastructure sector growth hit a nine-month high in June.
In the offshore non-deliverable forwards, the one-month
was at 61.50/60, while the three-month was at 62.13/23.
The dollar weakened against most major currencies on Fri-
day after a less-than-stellar U.S. jobs report sent investors
selling the currency for profits. In U.S. trading on Friday,
EUR/USD was up 0.27% at 1.3426. The Labor Department
reported earlier that the U.S. economy added 209,000 jobs
in July, missing expectations for an increase of 233,000. The
number of jobs added in June was revised up to a 298,000
gain from a previously estimated rise of 288,000. The report
also showed that the U.S. unemployment rate ticked up to
6.2% last month from 6.1% in June. Analysts had expected
the rate to remain unchanged in July.
CURRENCY
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 60.8510 Yen-100 59.1100
Euro 81.4615 GBP 102.6861
DAILY REPORT
04th
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
01/08/14 MCX GOLD AUG. BUY 27910 27980-28080 27820
BOOKED FULL
PROFIT
01/08/14 MCX GOLD AUG. SELL 27740 27660-27560 27840 NOT EXECUTED
01/08/14 MCX SILVER SEP. BUY 44630 44830-45130 44350
NO PROFIT NO
LOSS
01/08/14 MCX SILVER SEP. SELL 44200 44000-43700 44500 NOT EXECUTED
01/08/14 NCDEX GUARSEED AUG. BUY 5074 5105-5155 5025 BOOKED PROFIT
01/08/14 NCDEX GUARSEED AUG. SELL 5000 4970-4920 5050 BOOKED PROFIT
01/08/14 NCDEX DHANIYA AUG. BUY 11840 11870-11920 11790 SL TRIGGERED
01/08/14 NCDEX DHANIYA AUG. SELL 11800 11770-11720 11850 BOOKED PROFIT
01/08/14 USD/INR JULY BUY 60.95 61.15-61.45 60.65
BOOKED FULL
PROFIT
01/08/14 USD/INR JULY SELL 60.60 60.40-60.10 60.90 NOT EXECUTED
01/08/14 JPY/INR JULY SELL 58.94 58.74-58.44 59.24 NOT EXECUTED
01/08/14 JPY/INR JULY BUY 59.28 59.58-59.88 58.98
BOOKED FULL
PROFIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
01/08/14 NIFTY FUTURE SELL 7740-7760 7700-7660 7800
BOOKED FULL
PROFIT
01/08/14 HIND PETRO FUTURE BUY 400 410-420 390 SL TRIGGERED
01/08/14 ADANIENT FUTURE SELL 440-445 435-425 450
BOOKED FULL
PROFIT
01/08/14 IFB CASH BUY 188-192 198-204 182
BOOKED FULL
PROFIT
31/07/14 NIFTY FUTURE BUY 7700-7720 7750-7790 7670 SL TRIGGERED
31/07/14 TATAMOTOR DVR FUTURE BUY 296-300 305-310 290
BOOKED FULL
PROFIT
31/07/14 HAVELLS FUTURE SELL 1180-1190 1150-1120 1220 CALL OPEN
DAILY REPORT
04th
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
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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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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
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Disclaimer
TIME (ET) REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, AUG. 4
NONE SCHEDULED
TUESDAY, AUG. 5
10 AM ISM NONMANUFACTURING JULY -- 56.0%
10 AM FACTORY ORDERS JUNE -- -0.5%
WEDNESDAY, AUG. 6
8:30 AM TRADE DEFICIT JUNE -- -$44.4 BLN
THURSDAY, AUG. 7
8:30 AM WEEKLY JOBLESS CLAIMS AUG. 2 -- N/A
3 PM CONSUMER CREDIT JUNE -- $19.6 BLN
FRIDAY, AUG. 8
8:30 AM PRODUCTIVITY Q2 -- -3.2%
8:30 AM UNIT LABOR COSTS Q2 -- 5.7%
10 AM WHOLESALE INVENTORIES JUNE -- 0.5%

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Stock market special report by epic research 4th august 2014

  • 1. DAILY REPORT 04th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance European stocks sank in huge volumes on Friday for the third straight session, with a broad index hitting a 3-1/2 month low, hurt by concerns over losses at Banco Espirito Santo as well as tension between Russia and the West. The FTSEurofirst 300 index of top European shares ended 1.2 percent lower on Friday, at 1,332.68 points, a level not seen since mid-April. Japan's Nikkei average fell on Monday 0.4 percent while MSCI's broadest index of Asia-Pacific shares outside Ja- pan .MIAPJ0000PUS> was off 0.05 percent. Wall Street U.S. stocks ended lower for a second day and the S&P 500 posted its biggest weekly decline since 2012 on Friday as concerns over Argentina's default continued to dog senti- ment. The Dow Jones industrial average .DJI fell 69.93 points, or 0.42 percent, to 16,493.37, the S&P 500 .SPX lost 5.52 points, or 0.29 percent, to 1,925.15, and the Nasdaq Composite .IXIC dropped 17.13 points, or 0.39 percent, to 4,352.64. Previous day Roundup Equity benchmarks crashed on the first day of August se- ries (Friday) with the Sensex shedding more than 400 points, the biggest fall since July 9, triggered by global con- cerns and profit booking. The Indian rupee, too, saw sharp depreciation with the currency falling to 61.18 to the dol- lar at close despite the RBI’s efforts of selling dollars at 60.86 level to contain fall. It declined 63 paise compared to previous day’s close of 60.55 a dollar. The 30-share BSE Sensex was down 414.13 points or 1.60 percent to close at 25480.84 while the 50-share NSE Nifty broke the 7600- mark intraday, before closing at 7602.60, down 118.70 points or 1.54 percent compared to previous day’s close. The market saw the highest turnover of Rs 2.3 lakh crore on first day of August series in 2014. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down 279.81pts], Capital Goods [down 278.27pts], PSU [down 116.15pts], FMCG [down 68.42pts], Auto [down 161.14pts], Healthcare [down 195.18pts], IT [down 147.74Pts], Metals [down 248.73pts], TECK [down 59.51pts], Oil& Gas [down 232.12pts], Power [down 39.89pts], Realty [down 19.45pts]. World Indices Index Value % Change D J l 16493.37 -0.42 S&P 500 1925.15 -0.29 NASDAQ 4352.64 -0.39 EURO STO 3072.57 -1.38 FTSE 100 6679.18 -0.76 Nikkei 225 15523.11 -0.63 Hong Kong 24532.43 -0.91 Top Gainers Company CMP Change % Chg BANKBARODA 893.00 21.15 2.43 MARUTI 2,579.00 54.95 2.18 DLF 202.50 4.25 2.14 ULTRACEMCO 2,472.00 51.15 2.11 BHARTIARTL 379.40 6.50 1.74 Top Losers Company CMP Change % Chg HINDALCO 184.40 7.30 -3.81 RELIANCE 976.00 30.45 -3.03 SUNPHARMA 767.05 23.90 -3.02 CIPLA 442.75 13.75 -3.01 JINDALSTEL 266.55 8.25 -3.00 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg ATUL AUTO 655.00 24.90 +3.95 BHARTIARTL 379.40 6.50 +1.74 COX&KINGS 261.70 3.30 -1.25 GLENMARK 685.5 26.20 +3.97 HINDUNLVR 693.00 6.40 +0.93 Indian Indices Company CMP Change % Chg NIFTY 7602.60 -118.70 -1.54 SENSEX 25,480.84 -414.13 -1.60 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg
  • 2. DAILY REPORT 04th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1.CENTURY TEXTILE FUTURE CENTURY TEXTILE FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 590 levels. We advise selling around 590- 595 levels with strict stop loss of 600 for the targets of 585- 580 levels. 2.TITAN FUTURE TITAN FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 335 levels. We advise selling around 330-335 levels with strict stop loss of 340 for the targets of 325-320 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. LIBERTY SHOE LIBERTY SHOE week on daily chart. We advise selling around 266 level with strict stop loss 270 for the targets of 262-258 MACRO NEWS India’s coal, steel, electricity and cement industries were among those that witnessed revival in first quarter of 2014-15 while negative or marginal growth was witnessed in Oil and Gas sector. The performance of eight core in- dustries during the April-June 2014 has improved to clock 4.6 percent level from 3.3 percent till May 2014. The 7.3 percent growth achieved in June reflects the revival of the performance in the core industries. Passenger car sales rose for the third month in July, yet another indicator economy may finally be in turnaround mode after having slumped to less than 5% growth in the past two years. Carmakers announced sales numbers for last month as India's manufacturing activity jumped to a 17-month high on a surge in new orders. The HSBC Manufacturing Purchasing Managers' Index rose to 53 in July from 51.5 in June. Other bright spots include the core sector expanding at 7.3% in June and ex- ports advancing 10.2% in the same month. The Government hopes to save Rs 3,500 crore in oil subsi- dies by persuading 1 crore affluent customers to voluntar- ily pay market rates for cooking gas in response to text messages to customers inviting them to opt out of the subsidy for the sake of 'nation building'.
  • 3. DAILY REPORT 04th 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 7,600 108.3 3,40,825 37,58,450 NIFTY PE 7,500 70.55 2,52,521 40,76,450 NIFTY PE 7,700 156.25 2,50,438 25,14,150 BANKNIFTY PE 15,000 272 20,022 1,37,700 SBIN PE 2,400 67.2 2,963 99,500 RELIANCE PE 960 14.8 2,863 4,11,250 MARUTI PE 2,500 34.45 2,291 1,13,250 SBIN PE 2,300 34 2,154 83,625 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,800 46.6 3,27,966 30,48,200 NIFTY CE 7,900 25.1 2,48,539 27,20,400 NIFTY CE 7,700 81.2 2,47,129 25,79,600 BANKNIFTY CE 16,000 118 31,122 2,70,100 SBIN CE 2,600 39.9 8,295 5,86,500 RELIANCE CE 1,020 13.1 4,067 6,22,250 MARUTI CE 2,600 64 3,859 59,125 ICICIBANK CE 1,500 40 3,043 2,82,750 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 63657 2442.23 93635 3587.96 247731 9437.77 -1145.73 INDEX OPTIONS 431009 16453.21 350327 13403.04 1214413 46158.49 3050.18 STOCK FUTURES 92996 3386.91 77946 2868.16 1374401 48837.51 518.74 STOCK OPTIONS 56498 2013.32 52430 1870.29 36454 1265.40 143.03 TOTAL 2566.23 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 Results Today: Power Grid, Oriental Bank, Marico , Petronet, IGL, Tata Communications, Punj Lloyd , Atul Auto, TBZ, SRF, Muthoot Capital , MM Forging , Kal- pataru , Deep Industries , Aptech , India Glycols. DLF to design small-sized houses to rev up revenues. RIL may be denied new gas price till it makes up sup- ply shortfall. Mahindra & Mahindra sales down 4.12% in July. TVS Motor July sales up 32.15% to 2,03,092 units. NIFTY FUTURE Nifty Future closed downside in the last trading session. We advise selling around 7600 level with strict stop loss of 7650 for the targets of 7550-7500.
  • 4. DAILY REPORT 04th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY MCX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER SEP ABOVE 44550 TGTS 44750,45050 SL 44250 SELL SILVER SEP BELOW 44300 TGTS 44100,43800 SL 44600 GOLD TRADING STRATEGY: BUY GOLD OCT ABOVE 28310 TGTS 28390,28490 SL 28210 SELL GOLD OCT BELOW 28160 TGTS 28080,27980 SL 28260 COMMODITY ROUNDUP Commodity markets remained uneventful despite a pleth- ora of geo-political tensions-Iraqi insurgencies, repeated clashed between western powers and Rusia, first over Cri- mea, then Ukraine while another bloody conflict raged in Gaza. After being quoted at a premium to its landed cost for sev- eral months, the price of gold was trading at a discount to a minor premium in recent weeks. Imports increased in June but dwindled later as demand started drying in July, also a lean season month. Premiums for physical delivery in the spot market have been quoted around only $5 an ounce. The market buzz is that the Reserve Bank of India is replac- ing its old stock of gold in its Nagpur vault with new, re- fined gold. The old stock could be coming to the Indian market and that supply hangover is keeping premiums un- der check. Crude oil has been a key driver behind the fall in S&P GSCI since June. Brent crude oil is down 7.9 percent from the June 19 top and down roughly 2.5 percent for the week, trading around USD 106. Brent crude is displaying the same volatility characteristic as that of the broad commodity spectrum. Volatility has trended steadily down ever since 2008 and is on track for a new record low, currently at 12.6% Zinc prices eased 0.28% to Rs 143.55 per kg in futures trade yesterday as speculators trimmed positions amid a weak trend overseas. Besides, low demand in domestic spot markets fuelled downtrend. At MCX, zinc for delivery in August traded lower by 40 paise, or 0.28%, to Rs 143.55 per kg in a business turnover of 280 lots. September zinc shed 30 paise, or 0.21%, to Rs 144.05 per kg in three lots. Attributed fall in zinc futures to a weak global trend and subdued demand from consuming industries at domestic spot markets. Natural gas futures fell on Friday after investors locked in gains stemming from Thursday's bullish supply report and sold for profits. On the NYME, natural gas futures for deliv- ery in September traded at $3.802 per million British ther- mal units during U.S. trading, down 1.03%. The commodity hit a session low of $3.782, and a high of $3.875.
  • 5. DAILY REPORT 04th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA AUG ABOVE 11940 TGTS 11970,12020 SL 11890 SELL DHANIYA AUG BELOW 11865 TGTS 11835,11785 SL 11915 GUARSEED BUY GUARSEED AUG ABOVE 5040 TGTS 5070,5120 SL 4990 SELL GUARSEED AUG BELOW 4985 TGTS 4955,4905 SL 5035 NCDEX NCDEX INDICES Index Value % Change Castor Seed 4253 -0.58 Chana 2804 -0.11 Coriander 11900 +0.63 Cotton Seed Oilcake 1681 +0.66 Guarseed 5020 -0.20 Jeera 11220 +0.36 Mustard seed 3590 -0.19 Soy Bean 3672 +0.91 Sugar M Grade 3005 -0.40 Turmeric 6400 -0.28 NCDEX ROUNDUP Sugar prices remained weak and fell further 0.39% to Rs 3,061 per quintal in futures trading yesterday as speculators reduced positions amid ample supplies in the spot market. At NCDEX, sugar for delivery in Sept. fell by Rs 12, or 0.39 per cent to Rs 3,061 per quintal with an open interest of 8,640 lots. The August contract traded lower by Rs 11, or 0.36% to Rs 3,006 per quintal in 20,810 lots. Adequate sup- plies in the market against low demand from bulk consum- ers weighed on the sweetener prices at futures trade. Cardamom remained weak and prices fell further by 0.60% to Rs 918 per kg in futures trading yesterday as speculators engaged in reducing positions amid sluggish demand in the spot market. At MCX, cardamom for delivery in August de- clined further by Rs 5.50, or 0.60%, to Rs 918 per kg in a business turnover of 127 lots. Likewise, the spice for deliv- ery in Sept. traded lower by Rs 2.20, or 0.25%, to Rs 881.50 per kg in 26 lots. Attributed the persistent fall in cardamom futures to low demand in the spot market against higher supplies from producing region. The Uttar Pradesh government says it has three million ton- nes of sugar seized from private millers which haven’t cleared sugarcane payment arrears to farmers. This stock is supposed to be auctioned to raise the money but the proc- ess is lagging for various reasons. It auctioned 530,000 ton- nes of the seized stock in July and the money released for farmers’ payment.
  • 6. DAILY REPORT 04th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 EUR/INR BUY JPY-INR ABOVE 59.84 ABOVE 60.04,60.34 SL 59.74 SELL JPY -INR BELOW 59.46 TG 59.26,58.95 SL 59.76 GBP/INR SELL USD -INR BELOW 61.16 TG 59.96,59.66 SL 61.46 BUY USD-INR ABOVE 61.67 TG 61.97,62.27 SL 61.37 CURRENCY ROUNDUP The Indian rupee posted its biggest weekly fall since record low levels in August last year as the rally in the dollar in global markets spurred banks to buy the U.S. currency for corporate clients, prompting mild intervention by the cen- tral bank. The falls were especially pronounced on Friday, when the partially convertible rupee almost breached the 60.19 level, last seen on April 23, tracking broader falls in Asian currencies. It ended down with its biggest daily de- cline since Jan. 24. The rupee ended at 61.18/19 per dollar against Thursday close of 60.55/56. The local currency fell 1.02 percent on the day, its biggest fall since Jan. 24, during a period when emerging markets were gripped by risk aver- sion over China's economy. For the week, the rupee fell 1.8 percent, its biggest weekly fall since late August, when it hit its last record low against the dollar because of waning confidence in its economy and its ability to narrow its current account deficit. Weakness in shares also dampened sentiment, with the 50-share NSE index falling 1.5 percent tracking weaker global markets. Little impact was seen from a private survey on Friday showing factory activity expanded at its fastest pace in 17 months in July and data late on Thursday showing annual infrastructure sector growth hit a nine-month high in June. In the offshore non-deliverable forwards, the one-month was at 61.50/60, while the three-month was at 62.13/23. The dollar weakened against most major currencies on Fri- day after a less-than-stellar U.S. jobs report sent investors selling the currency for profits. In U.S. trading on Friday, EUR/USD was up 0.27% at 1.3426. The Labor Department reported earlier that the U.S. economy added 209,000 jobs in July, missing expectations for an increase of 233,000. The number of jobs added in June was revised up to a 298,000 gain from a previously estimated rise of 288,000. The report also showed that the U.S. unemployment rate ticked up to 6.2% last month from 6.1% in June. Analysts had expected the rate to remain unchanged in July. CURRENCY RBI Reference Rate Currency Rate Currency Rate Rupee- $ 60.8510 Yen-100 59.1100 Euro 81.4615 GBP 102.6861
  • 7. DAILY REPORT 04th 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 01/08/14 MCX GOLD AUG. BUY 27910 27980-28080 27820 BOOKED FULL PROFIT 01/08/14 MCX GOLD AUG. SELL 27740 27660-27560 27840 NOT EXECUTED 01/08/14 MCX SILVER SEP. BUY 44630 44830-45130 44350 NO PROFIT NO LOSS 01/08/14 MCX SILVER SEP. SELL 44200 44000-43700 44500 NOT EXECUTED 01/08/14 NCDEX GUARSEED AUG. BUY 5074 5105-5155 5025 BOOKED PROFIT 01/08/14 NCDEX GUARSEED AUG. SELL 5000 4970-4920 5050 BOOKED PROFIT 01/08/14 NCDEX DHANIYA AUG. BUY 11840 11870-11920 11790 SL TRIGGERED 01/08/14 NCDEX DHANIYA AUG. SELL 11800 11770-11720 11850 BOOKED PROFIT 01/08/14 USD/INR JULY BUY 60.95 61.15-61.45 60.65 BOOKED FULL PROFIT 01/08/14 USD/INR JULY SELL 60.60 60.40-60.10 60.90 NOT EXECUTED 01/08/14 JPY/INR JULY SELL 58.94 58.74-58.44 59.24 NOT EXECUTED 01/08/14 JPY/INR JULY BUY 59.28 59.58-59.88 58.98 BOOKED FULL PROFIT Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 01/08/14 NIFTY FUTURE SELL 7740-7760 7700-7660 7800 BOOKED FULL PROFIT 01/08/14 HIND PETRO FUTURE BUY 400 410-420 390 SL TRIGGERED 01/08/14 ADANIENT FUTURE SELL 440-445 435-425 450 BOOKED FULL PROFIT 01/08/14 IFB CASH BUY 188-192 198-204 182 BOOKED FULL PROFIT 31/07/14 NIFTY FUTURE BUY 7700-7720 7750-7790 7670 SL TRIGGERED 31/07/14 TATAMOTOR DVR FUTURE BUY 296-300 305-310 290 BOOKED FULL PROFIT 31/07/14 HAVELLS FUTURE SELL 1180-1190 1150-1120 1220 CALL OPEN
  • 8. DAILY REPORT 04th 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. 4 NONE SCHEDULED TUESDAY, AUG. 5 10 AM ISM NONMANUFACTURING JULY -- 56.0% 10 AM FACTORY ORDERS JUNE -- -0.5% WEDNESDAY, AUG. 6 8:30 AM TRADE DEFICIT JUNE -- -$44.4 BLN THURSDAY, AUG. 7 8:30 AM WEEKLY JOBLESS CLAIMS AUG. 2 -- N/A 3 PM CONSUMER CREDIT JUNE -- $19.6 BLN FRIDAY, AUG. 8 8:30 AM PRODUCTIVITY Q2 -- -3.2% 8:30 AM UNIT LABOR COSTS Q2 -- 5.7% 10 AM WHOLESALE INVENTORIES JUNE -- 0.5%