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DAILY REPORT 
21st OCTOBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
Global markets at a glance 
Asian stocks crept up on Tuesday as investors took solace from data showing the Chinese economy grew slightly more than expected in the third quarter, calming fears of a deepening slowdown in the world's second-largest econ- omy. MSCI's broadest index of Asia-Pacific shares outside Japan rose about 0.3 percent in morning trade following the Chinese figures, after opening flat. Japan's Nikkei stock average, though, extended losses throughout the morning as the yen strengthened and investors locked in profits af- ter the previous session's rally. The Nikkei slipped about 0.5 percent after surging 4 percent on Monday. 
European stocks fell on Monday, trimming gains made in the previous session, as a profit warning by SAP hit technol- ogy shares. The FTSEurofirst 300 closed down 0.6 percent at 1,272.72 points, trimming a 2.8 percent rise on Friday that was prompted by reassuring U.S. macroeconomic data. 
Wall Street Update 
Wall Street marked solid gains overnight despite a quar- terly earnings miss from IBM, and Apple Inc posted a better-than-expected 12% jump in revenue after the close. U.S. stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM's disappointing results lim- ited gains. The DJI average rose 19.26pts, or 0.12%, to 16,399.67, the S&P 500 gained 17.25pts, or 0.91%, to 1,904.01 and Nasdaq added 57.64 points, or 1.35%, to 4,316.07. 
Previous day Roundup 
Equity benchmarks started of the Diwali week with more than a percent gain yesterday, rejoicing after the BJP elec- tion win, diesel deregulation and gas price hike announced over the weekend. The 30-share BSE Sensex climbed 321.32 points or 1.23 percent to close at 26429.85 and the 50-share NSE Nifty jumped 99.70 points or 1.28 percent to 7879.40. The broader markets rallied too with the BSE Mid- cap gaining over a percent. 
Index stats 
The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down pts], Capital Goods [up 304.14pts], PSU [up 207.68pts], FMCG [up 31.60pts], Realty [up 12.52pts], Power [up 28.94pts], Auto [up 369.44pts], Healthcare [up 165.17pts], IT [down 83.75pts], Metals [up170.21pts], TECK [down 14.46pts], Oil& Gas [down pts]. 
World Indices 
Index 
Value 
% Change 
D J l 
16399.67 
+0.12 
S&P 500 
1904.01 
+0.91 
NASDAQ 
4316.07 
+1.35 
EURO STO 
2927.30 
-1.18 
FTSE 100 
6267.07 
-0.68 
Nikkei 225 
15001.97 
-0.72 
Hong Kong 
23153.54 
+0.36 
Top Gainers 
Company 
CMP 
Change 
% Chg 
ULTRACEMCO 
2,454.60 
136.85 
5.90 
ONGC 
417.00 
19.90 
5.01 
HINDALCO 
146.00 
6.55 
4.70 
DLF 
115.55 
4.95 
4.48 
BPCL 
694.10 
27.35 
4.10 
Top Losers 
Company 
CMP 
Change 
% Chg 
JINDALSTEL 
136.80 
10.85 
-7.35 
WIPRO 
555.25 
10.65 
-1.88 
INFY 
3,810.40 
41.25 
-1.07 
TCS 
2,425.50 
15.65 
-0.64 
ITC 
351.80 
2.15 
-0.61 
Stocks at 52 Week’s High 
Symbol 
Prev. Close 
Change 
%Chg 
HDFCBANK 
896.95 
11.70 
1.32 
HINDPETRO 
525.25 
33.55 
6.82 
INDUSINDBK 
665.85 
5.00 
0.76 
TVSMOTOR 
246.20 
16.35 
7.11 
ZEEL 
330.20 
7.80 
2.42 
Indian Indices 
Company 
CMP 
Change 
% Chg 
NIFTY 
7859.95 
-100.60 
-1.26 
SENSEX 
26297.38 
-339.90 
-1.28 
Stocks at 52 Week’s Low 
Symbol 
Prev. Close 
Change 
%Chg 
JINDALSTEL 
136.80 
-10.85 
-7.35
DAILY REPORT 
21st OCTOBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
STOCK RECOMMENDATIONS [FUTURE] 
1. HEXAWARE [FUTURE] 
HEXAWARE FUTURE is looking strong on charts, long build 
up has been seen, we may see more upside, if it sustains 
above 180 levels. We advise buying around 180 levels with 
strict stop loss of 175 for the targets of 184-188 levels. 
2. HINDPETRO [FUTURE] 
HIND PETRO FUTURE is looking strong on charts, long build 
up has been seen, we may see more upside, if it sustains 
above 525 levels. We advise buying around 520-525 levels 
with strict stop loss of 512 for the targets of 532-540 levels. 
EQUITY CASH & FUTURE 
STOCK RECOMMENDATION [CASH] 
1. SONATA SOFT 
SONATA SOFT strong on daily chart. We advise buying 
around 124-125 level with strict stop loss 121 for the tar-gets 
127-130 
MACRO NEWS 
India promised on Monday to open up the coal industry 
to private players and moved closer to selling a stake in a 
state-run oil company. 
India's central bank will not change its gold import rules, 
the world's second-largest consumer of the precious 
metal was keen to limit imports. 
IDBI Bank launched its benchmark US dollar 5.5-year 
senior Reg S offering today at an initial guidance of 
300bp over US Treasuries. The proposed issue will come 
off the lender's US$5bn MTN programme and will be 
issued from its Dubai International Financial Centre 
branch. 
Tata Comm. is hoping to achieve pricing of high 4 per-cent 
on its proposed dollar offering. It's been over a 
month since the road show finished in mid September, 
but the negotiation on pricing is still ongoing. 
LIC Housing Finance priced a minimum 3bn rupees bond 
offering with Axis Bank as sole arranger. The bonds, ma-turing 
in Feb 2018, will pay a coupon of 9.0769% to yield 
9.10%. The bonds settle on Oct 27. The offering comes 
with an unspecified greenshoe option.
DAILY REPORT 
21st OCTOBER 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 
7,900 
67.1 
4,87,789 
47,74,150 
NIFTY 
PE 
7,800 
33.05 
4,19,936 
54,24,550 
NIFTY 
PE 
7,700 
15.7 
2,88,570 
56,18,900 
BANKNIFTY 
PE 
16,000 
90.6 
55,394 
3,93,050 
SBIN 
PE 
2,500 
19.2 
6,326 
2,01,750 
RELIANCE 
PE 
900 
3.8 
4,646 
4,52,000 
INFY 
PE 
3,800 
33.7 
4,333 
3,18,500 
TCS 
PE 
2,400 
32.3 
4,046 
1,38,250 
MOST ACTIVE CALL OPTION 
Symbol 
Op- tion 
Type 
Strike Price 
LTP 
Traded Volume (Contracts) 
Open Interest 
NIFTY 
CE 
8,000 
26 
5,20,826 
64,22,050 
NIFTY 
CE 
7,900 
61.25 
4,95,213 
43,46,000 
NIFTY 
CE 
8,100 
8.8 
3,18,044 
64,30,950 
BANKNIFTY 
CE 
16,500 
97 
70,445 
4,71,550 
RELAINCE 
CE 
940 
13.65 
9,924 
11,40,750 
SBIN 
CE 
2,600 
33.9 
8,437 
5,81,125 
TCS 
CE 
2,500 
19 
7,196 
5,38,250 
INFY 
CE 
3,900 
19 
4,903 
4,76,625 
FII DERIVATIVES STATISTICS 
BUY 
OPEN INTEREST AT THE END OF THE DAY 
SELL 
No. of 
Contracts 
Amount in Crores 
No. of 
Contracts 
Amount in Crores 
No. of 
Contracts 
Amount in 
Crores 
NET AMOUNT 
INDEX FUTURES 
83922 
3341.55 
47360 
1886.54 
298985 
11865.61 
1455.01 
INDEX OPTIONS 
408687 
16162.76 
414311 
16354.92 
1775639 
70080.59 
-192.17 
STOCK FUTURES 
86204 
3231.93 
73670 
2604.22 
1228202 
43391.31 
627.72 
STOCK OPTIONS 
80725 
2881.39 
81906 
2926.23 
80187 
2864.24 
-44.84 
TOTAL 
1845.72 
INDICES 
R2 
R1 
PIVOT 
S1 
S2 
NIFTY 
7,929.77 
7,904.58 
7,880.77 
7,855.58 
7,831.77 
BANK NIFTY 
16,363.83 
16,290.22 
16,223.63 
16,150.02 
16,083.43 
STOCKS IN NEWS Results Today: HDFC Bank , PNB , UPL , Cairn India , JSW Steel , Biocon , South Indian Bank , IIFL, Tata Cof- fee, DHFL, Zee Learn, Welspun Corp, BASF, Uniphos Enterprises, Mcleod Russel, SKF India, Royal Orchid Hotels, Mahindra CIE Automotive, Mahindra Compos- ite, KPIT Technologies, Kaveri Seed, Indoco Remedies, Gujarat Fluoro, Gujarat Alkalies, GNFC, Blue Star, Zen- sar Technologies. Idea Q2 profit rises 3.8%; operating margin slips 360 bps. Tata Steel's recent plans credit positive: Moody's. 
NIFTY FUTURE 
Nifty Future closed positive in the last trading session. We advise selling around 7875-7880 with strict stop 
loss 7925 the targets of 7825-7775
DAILY REPORT 
21st OCTOBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
COMMODITY MCX 
RECOMMENDATIONS 
SILVER 
TRADING STRATEGY: 
BUY SILVER DEC ABOVE 38900 TGTS 39100,39400 SL 38600 
SELL SILVER DEC BELOW 38360 TGTS 38160,37860 SL 38660 
GOLD 
TRADING STRATEGY: 
BUY GOLD DEC ABOVE 27470 TGTS 27550,27650 SL 27390 
SELL GOLD DEC BELOW 27350 TGTS 27270,27170 SL 27430 
COMMODITY ROUNDUP 
Gold prices rose firmly at the domestic bullion market yes- terday on increased demand from jewellery stockists and retailers amid good local buying support ahead of festive and wedding season. Silver recovered sharply owing to ro- bust demand from consuming industries. Standard gold (99.5 purity) rose by Rs 75 to conclude at Rs 27,315 per 10 grams from last Saturday's level of Rs 27,240. Pure gold (99.9 purity) also added by a similar margin to settle at Rs 27,465 per 10 grams against Rs 27,390. Silver (.999 fine- ness) climbed by Rs 375 to finish at Rs 39,645 per kg com- pared to Rs 39,270 last weekend. Globally, the precious metal rebounded to nearly one- month high on safe haven buying despite better than expected economic data from the US. Spot gold bid higher at USD 1,240.40 an ounce in early European trade. 
Copper prices fell by 0.28% to Rs 408.10 per kg in futures trade yesterday as speculators reduced their positions amid weak overseas cues and subdued domestic demand. At MCX, copper for delivery in November fell by Rs 1.15, or 0.28%, to Rs 408.10 per kg in a business turnover of 715 lots. Similarly, the metal for delivery in February next year traded lower by Re 1, or 0.24%, to Rs 414.40 per kg in nine lots. Analysts attributed the fall in copper futures to sub- dued domestic demand and weak trend at the LME where the metal traded at nearly six-month low after stockpiles in exchanges from London to Shanghai increased and as Goldman Sachs Group Inc forecast inventories will rise fur- ther over the next six months. Globally, copper for delivery in three months slid 0.6% to $6,599 a tonne at the LME. 
Zinc futures fell 0.18% to Rs 138.40 per kg yesterday as participants reduced positions amid weakness in copper and other base metals overseas and subdued domestic demand. At MCX, zinc for delivery in November traded lower by 25 paise, or 0.18%, to Rs 138.40 per kg, with a business turnover of 15 lots. The metal for delivery in Octo- ber shed 15 paise, or 0.11%, to trade at Rs 137.90 per kg in a turnover of 250 lots. The fall in zinc prices at futures trade was mostly in line with a weakening trend in the base metals overseas and low demand at domestic spot mar- kets. 
India's steel exports grew by 0.4% in the first six months of the current fiscal which the "worried" domestic producers attribute to higher cost of production and growing domi- nance of China in the global market.
DAILY REPORT 
21st OCTOBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
RECOMMENDATIONS 
DHANIYA 
BUY DHANIYA NOV ABOVE 12030 TGTS 12060,12110 SL 11980 
SELL DHANIYA NOV BELOW 11900 TGTS 11870,11820 SL 11950 
GUARGUM 
BUY GUARGUM NOV ABOVE 15850 TGTS 15900,16000 SL 15740 
SELL GUARGUM NOV BELOW 15680 TGTS 15630,15530 SL 15790 
NCDEX 
NCDEX ROUNDUP 
Refined soya oil prices eased by 0.34% to Rs 575 per 10 kg in futures trading yesterday as speculators trimmed posi- tions amidst low demand in the spot market against ade- quate stocks positions. At NCDEX refined soya oil for deliv- ery in November declined by Rs 1.95, or 0.34%, to Rs 575 per 10 kg with an open interest of 1,07,670 lots. Likewise, the oil for delivery in October weakened by 20 paise, or 0.03%, to Rs 590.80 per 10 kg in 3,320 lots. Offloading of positions by speculators, driven by low demand in the spot market against higher supplies from producing belts, mainly influenced refined soya oil prices at futures trade. 
The prices of pulses have started rising, due to lower pro- duction estimates for the kharif season. Data from the Un- ion ministry of consumer affairs shows the price in whole- sale markets has risen up to 6.6 per cent so far this month. The government had forecast a 26 per cent decline in out- put at 5.2 million tonnes (first advance estimate) this kharif season, against a target of seven mt (and 6.02 mt in the kharif of 2013-14). The kharif season contributes around 40 per cent of annual pulses’ production. 
Signalling a coming resolution of the standoff between the government and private sugar millers in Uttar Pradesh, the latter decided on Monday to start maintenance work in their units from the morrow, for subsequent cane crushing. the government had assured revocation of police cases for not clearing growers' dues and issuance of recovery certifi- cates. The mills have also demanded Rs 9/quintal of subsidy instead of Rs 6/quintal, and the govt is to consider this. 
NCDEX INDICES 
Index 
Value 
% Change 
CASTOR SEED 
4478 
+0.95 
CHANA 
2797 
-1.10 
CORIANDER 
11795 
+0.44 
COTTON SEED 
1381 
-0.22 
GAUR SEED 
5678 
-0.23 
JEERA 
10585 
-0.80 
MUSTARDSEED 
3573 
-0.94 
SOYBEAN 
2985 
-0.63 
TURMERIC 
6122 
-0.46
DAILY REPORT 
21st OCTOBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
GBP/INR 
BUY GBP-INR ABOVE 98.9800 TGT 99.1800,99.5000 SL 98.8300 
SELL GBP-INR BELOW 98.8500 TGT 98.6500,98.3000 SL 99.1000 
USD/INR 
BUY USD-INR ABOVE 61.5000 TGT 61.7000,62.1000 SL 61.2500 
SELL USD-INE BWLOW 61.1500 TGT 60.9500,60.5000 SL 61.4000 
CURRENCY ROUNDUP 
The dollar traded largely lower against most major curren- cies on Monday albeit in tight trading ranges as investors priced in the possibility that softer European and Asian economies could dampen U.S. recovery. In U.S. trading on Monday, EUR/USD was up 0.40% at 1.2811. The dollar was down against the yen, with USD/JPY down 0.06% at 106.82, and down against the Swiss franc, with USD/CHF down 0.43% at 0.9420. The greenback was down against the pound, with GBP/USD up 0.51% at 1.6176. The dollar was mixed against its cousins in Canada, Australia and New Zea- land, with USD/CAD up 0.04% at 1.1281, AUD/USD up 0.65% at 0.8801 and NZD/USD up 0.78% at 0.7978. The US dollar index, which tracks the performance of the greenback ver- sus a basket of six other major currencies, was down 0.35% at 85.01. 
Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's four-year low. U.S. crude hovered below $83 a barrel. U.S. Treasuries prices rose on Monday on worries about Europe's drag on the U.S. economy and more bets the Federal Reserve might not raise interest rates until late 2015. 
The RBI to conduct overnight reverse repo auction under LAF for 100 billion rupees. Indian banks' refinancing with RBI rises to 123.94 billion rupees. Indian banks' cash bal- ances with RBI rise to 3.62 trillion rupees. The Indian rupee gained for a second consecutive session on Monday after the ruling party's success in two state elections and the gov- ernment's removal of diesel subsidies and a hike in natural gas prices sparked hopes for additional reforms. The par- tially convertible rupee closed at 61.36/37 per dollar com- pared with 61.44/45 on Friday. 
The rupee was also helped after Indian shares rose more than 1 percent on Monday to mark their biggest daily gain in more than one week. In the offshore non-deliverable for- wards, the one-month contract was at 61.68, while the three-month was at 62.27. 
RBI Reference Rate 
Currency 
Rate 
Currency 
Rate 
Rupee- $ 
61.2873 
Yen-100 
57.1400 
Euro 
78.1536 
GBP 
98.6235
DAILY REPORT 
21st OCTOBER 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 
20/10/14 
MCX GOLD 
DEC. 
BUY 
27300 
27380-27480 
27210 
BOOKED FULL PROFIT 
20/10/14 
MCX GOLD 
DEC. 
SELL 
27220 
27140-27040 
27310 
SL TRIGGERED 
20/10/14 
MCX SILVER 
DEC. 
BUY 
38600 
38800-39100 
38300 
BOOKED PROFIT 
20/10/14 
MCX SILVER 
DEC. 
SELL 
38300 
38100-37800 
38900 
NOT EXECUTED 
20/10/14 
NCDEX DHANIYA 
NOV. 
BUY 
12180 
12210-12260 
12130 
NOT EXECUTED 
20/10/14 
NCDEX DHANIYA 
NOV. 
SELL 
12800 
12050-12000 
12130 
BOOKED FULL PROFIT 
20/10/14 
NCDEX GUARGUM 
NOV. 
BUY 
15950 
16000-16100 
15850 
NOT EXECUTED 
20/10/14 
NCDEX GUARGUM 
NOV. 
SELL 
15680 
15630-15530 
15790 
BOOKED PROFIT 
Date 
Scrip 
CASH/ FUTURE/ OPTION 
Strategy 
Entry Level 
Target 
Stop Loss 
Remark 
10/10/14 
NIFTY 
FUTURE 
BUY 
8015 
8065-8115 
7965 
NOT EXECUTED 
10/10/14 
TCS 
FUTURE 
SELL 
2700-2720 
2660-2620 
2760 
CALL OPEN 
10/10/14 
BANK OF INDIA 
FUTURE 
BUY 
238-240 
244-248 
234 
BOOKED PROFIT 
10/10/14 
JSWENERGY 
CASH 
BUY 
74-74.5 
76-77.5 
72.5 
NOT EXECUTED 
09/10/14 
WIPRO 
FUTURE 
SELL 
595-600 
585-570 
610 
BOOKED PROFIT
DAILY REPORT 
21st OCTOBER 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, OCT. 20 
NONE SCHEDULED 
TUESDAY, OCT. 21 
10 AM 
EXISTING HOME SALES 
SEPT. 
5.00 MLN 
5.05 MLN 
WEDNESDAY, OCT. 22 
8:30 AM 
CONSUMER PRICE INDEX 
SEPT. 
0.1% 
-0.2% 
8:30 AM 
CORE CPI 
SEPT. 
0.2% 
0.0% 
THURSDAY, OCT. 23 
8:30 AM 
WEEKLY JOBLESS CLAIMS 
OCT. 18 
N/A 
N/A 
8:30 AM 
CHICAGO NATIONAL ACTIVITY INDEX 
SEPT. 
-- 
0.14 
9 AM 
FHFA HOME PRICE INDEX 
AUG. 
-- 
4.4% Y-O-Y 
9:45 AM 
MARKIT FLASH PMI 
OCT. 
-- 
57.5 
10 AM 
LEADING INDICATORS 
SEPT. 
-- 
0.2% 
FRIDAY, OCT. 24 
10 AM 
NEW HOME SALES 
SEPT. 
455,000 
504,000

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Epic research special report of 21st october 2014

  • 1. DAILY REPORT 21st OCTOBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Asian stocks crept up on Tuesday as investors took solace from data showing the Chinese economy grew slightly more than expected in the third quarter, calming fears of a deepening slowdown in the world's second-largest econ- omy. MSCI's broadest index of Asia-Pacific shares outside Japan rose about 0.3 percent in morning trade following the Chinese figures, after opening flat. Japan's Nikkei stock average, though, extended losses throughout the morning as the yen strengthened and investors locked in profits af- ter the previous session's rally. The Nikkei slipped about 0.5 percent after surging 4 percent on Monday. European stocks fell on Monday, trimming gains made in the previous session, as a profit warning by SAP hit technol- ogy shares. The FTSEurofirst 300 closed down 0.6 percent at 1,272.72 points, trimming a 2.8 percent rise on Friday that was prompted by reassuring U.S. macroeconomic data. Wall Street Update Wall Street marked solid gains overnight despite a quar- terly earnings miss from IBM, and Apple Inc posted a better-than-expected 12% jump in revenue after the close. U.S. stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM's disappointing results lim- ited gains. The DJI average rose 19.26pts, or 0.12%, to 16,399.67, the S&P 500 gained 17.25pts, or 0.91%, to 1,904.01 and Nasdaq added 57.64 points, or 1.35%, to 4,316.07. Previous day Roundup Equity benchmarks started of the Diwali week with more than a percent gain yesterday, rejoicing after the BJP elec- tion win, diesel deregulation and gas price hike announced over the weekend. The 30-share BSE Sensex climbed 321.32 points or 1.23 percent to close at 26429.85 and the 50-share NSE Nifty jumped 99.70 points or 1.28 percent to 7879.40. The broader markets rallied too with the BSE Mid- cap gaining over a percent. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down pts], Capital Goods [up 304.14pts], PSU [up 207.68pts], FMCG [up 31.60pts], Realty [up 12.52pts], Power [up 28.94pts], Auto [up 369.44pts], Healthcare [up 165.17pts], IT [down 83.75pts], Metals [up170.21pts], TECK [down 14.46pts], Oil& Gas [down pts]. World Indices Index Value % Change D J l 16399.67 +0.12 S&P 500 1904.01 +0.91 NASDAQ 4316.07 +1.35 EURO STO 2927.30 -1.18 FTSE 100 6267.07 -0.68 Nikkei 225 15001.97 -0.72 Hong Kong 23153.54 +0.36 Top Gainers Company CMP Change % Chg ULTRACEMCO 2,454.60 136.85 5.90 ONGC 417.00 19.90 5.01 HINDALCO 146.00 6.55 4.70 DLF 115.55 4.95 4.48 BPCL 694.10 27.35 4.10 Top Losers Company CMP Change % Chg JINDALSTEL 136.80 10.85 -7.35 WIPRO 555.25 10.65 -1.88 INFY 3,810.40 41.25 -1.07 TCS 2,425.50 15.65 -0.64 ITC 351.80 2.15 -0.61 Stocks at 52 Week’s High Symbol Prev. Close Change %Chg HDFCBANK 896.95 11.70 1.32 HINDPETRO 525.25 33.55 6.82 INDUSINDBK 665.85 5.00 0.76 TVSMOTOR 246.20 16.35 7.11 ZEEL 330.20 7.80 2.42 Indian Indices Company CMP Change % Chg NIFTY 7859.95 -100.60 -1.26 SENSEX 26297.38 -339.90 -1.28 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg JINDALSTEL 136.80 -10.85 -7.35
  • 2. DAILY REPORT 21st OCTOBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. HEXAWARE [FUTURE] HEXAWARE FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 180 levels. We advise buying around 180 levels with strict stop loss of 175 for the targets of 184-188 levels. 2. HINDPETRO [FUTURE] HIND PETRO FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 525 levels. We advise buying around 520-525 levels with strict stop loss of 512 for the targets of 532-540 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. SONATA SOFT SONATA SOFT strong on daily chart. We advise buying around 124-125 level with strict stop loss 121 for the tar-gets 127-130 MACRO NEWS India promised on Monday to open up the coal industry to private players and moved closer to selling a stake in a state-run oil company. India's central bank will not change its gold import rules, the world's second-largest consumer of the precious metal was keen to limit imports. IDBI Bank launched its benchmark US dollar 5.5-year senior Reg S offering today at an initial guidance of 300bp over US Treasuries. The proposed issue will come off the lender's US$5bn MTN programme and will be issued from its Dubai International Financial Centre branch. Tata Comm. is hoping to achieve pricing of high 4 per-cent on its proposed dollar offering. It's been over a month since the road show finished in mid September, but the negotiation on pricing is still ongoing. LIC Housing Finance priced a minimum 3bn rupees bond offering with Axis Bank as sole arranger. The bonds, ma-turing in Feb 2018, will pay a coupon of 9.0769% to yield 9.10%. The bonds settle on Oct 27. The offering comes with an unspecified greenshoe option.
  • 3. DAILY REPORT 21st OCTOBER 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 7,900 67.1 4,87,789 47,74,150 NIFTY PE 7,800 33.05 4,19,936 54,24,550 NIFTY PE 7,700 15.7 2,88,570 56,18,900 BANKNIFTY PE 16,000 90.6 55,394 3,93,050 SBIN PE 2,500 19.2 6,326 2,01,750 RELIANCE PE 900 3.8 4,646 4,52,000 INFY PE 3,800 33.7 4,333 3,18,500 TCS PE 2,400 32.3 4,046 1,38,250 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 8,000 26 5,20,826 64,22,050 NIFTY CE 7,900 61.25 4,95,213 43,46,000 NIFTY CE 8,100 8.8 3,18,044 64,30,950 BANKNIFTY CE 16,500 97 70,445 4,71,550 RELAINCE CE 940 13.65 9,924 11,40,750 SBIN CE 2,600 33.9 8,437 5,81,125 TCS CE 2,500 19 7,196 5,38,250 INFY CE 3,900 19 4,903 4,76,625 FII DERIVATIVES STATISTICS BUY OPEN INTEREST AT THE END OF THE DAY SELL No. of Contracts Amount in Crores No. of Contracts Amount in Crores No. of Contracts Amount in Crores NET AMOUNT INDEX FUTURES 83922 3341.55 47360 1886.54 298985 11865.61 1455.01 INDEX OPTIONS 408687 16162.76 414311 16354.92 1775639 70080.59 -192.17 STOCK FUTURES 86204 3231.93 73670 2604.22 1228202 43391.31 627.72 STOCK OPTIONS 80725 2881.39 81906 2926.23 80187 2864.24 -44.84 TOTAL 1845.72 INDICES R2 R1 PIVOT S1 S2 NIFTY 7,929.77 7,904.58 7,880.77 7,855.58 7,831.77 BANK NIFTY 16,363.83 16,290.22 16,223.63 16,150.02 16,083.43 STOCKS IN NEWS Results Today: HDFC Bank , PNB , UPL , Cairn India , JSW Steel , Biocon , South Indian Bank , IIFL, Tata Cof- fee, DHFL, Zee Learn, Welspun Corp, BASF, Uniphos Enterprises, Mcleod Russel, SKF India, Royal Orchid Hotels, Mahindra CIE Automotive, Mahindra Compos- ite, KPIT Technologies, Kaveri Seed, Indoco Remedies, Gujarat Fluoro, Gujarat Alkalies, GNFC, Blue Star, Zen- sar Technologies. Idea Q2 profit rises 3.8%; operating margin slips 360 bps. Tata Steel's recent plans credit positive: Moody's. NIFTY FUTURE Nifty Future closed positive in the last trading session. We advise selling around 7875-7880 with strict stop loss 7925 the targets of 7825-7775
  • 4. DAILY REPORT 21st OCTOBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY MCX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER DEC ABOVE 38900 TGTS 39100,39400 SL 38600 SELL SILVER DEC BELOW 38360 TGTS 38160,37860 SL 38660 GOLD TRADING STRATEGY: BUY GOLD DEC ABOVE 27470 TGTS 27550,27650 SL 27390 SELL GOLD DEC BELOW 27350 TGTS 27270,27170 SL 27430 COMMODITY ROUNDUP Gold prices rose firmly at the domestic bullion market yes- terday on increased demand from jewellery stockists and retailers amid good local buying support ahead of festive and wedding season. Silver recovered sharply owing to ro- bust demand from consuming industries. Standard gold (99.5 purity) rose by Rs 75 to conclude at Rs 27,315 per 10 grams from last Saturday's level of Rs 27,240. Pure gold (99.9 purity) also added by a similar margin to settle at Rs 27,465 per 10 grams against Rs 27,390. Silver (.999 fine- ness) climbed by Rs 375 to finish at Rs 39,645 per kg com- pared to Rs 39,270 last weekend. Globally, the precious metal rebounded to nearly one- month high on safe haven buying despite better than expected economic data from the US. Spot gold bid higher at USD 1,240.40 an ounce in early European trade. Copper prices fell by 0.28% to Rs 408.10 per kg in futures trade yesterday as speculators reduced their positions amid weak overseas cues and subdued domestic demand. At MCX, copper for delivery in November fell by Rs 1.15, or 0.28%, to Rs 408.10 per kg in a business turnover of 715 lots. Similarly, the metal for delivery in February next year traded lower by Re 1, or 0.24%, to Rs 414.40 per kg in nine lots. Analysts attributed the fall in copper futures to sub- dued domestic demand and weak trend at the LME where the metal traded at nearly six-month low after stockpiles in exchanges from London to Shanghai increased and as Goldman Sachs Group Inc forecast inventories will rise fur- ther over the next six months. Globally, copper for delivery in three months slid 0.6% to $6,599 a tonne at the LME. Zinc futures fell 0.18% to Rs 138.40 per kg yesterday as participants reduced positions amid weakness in copper and other base metals overseas and subdued domestic demand. At MCX, zinc for delivery in November traded lower by 25 paise, or 0.18%, to Rs 138.40 per kg, with a business turnover of 15 lots. The metal for delivery in Octo- ber shed 15 paise, or 0.11%, to trade at Rs 137.90 per kg in a turnover of 250 lots. The fall in zinc prices at futures trade was mostly in line with a weakening trend in the base metals overseas and low demand at domestic spot mar- kets. India's steel exports grew by 0.4% in the first six months of the current fiscal which the "worried" domestic producers attribute to higher cost of production and growing domi- nance of China in the global market.
  • 5. DAILY REPORT 21st OCTOBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA NOV ABOVE 12030 TGTS 12060,12110 SL 11980 SELL DHANIYA NOV BELOW 11900 TGTS 11870,11820 SL 11950 GUARGUM BUY GUARGUM NOV ABOVE 15850 TGTS 15900,16000 SL 15740 SELL GUARGUM NOV BELOW 15680 TGTS 15630,15530 SL 15790 NCDEX NCDEX ROUNDUP Refined soya oil prices eased by 0.34% to Rs 575 per 10 kg in futures trading yesterday as speculators trimmed posi- tions amidst low demand in the spot market against ade- quate stocks positions. At NCDEX refined soya oil for deliv- ery in November declined by Rs 1.95, or 0.34%, to Rs 575 per 10 kg with an open interest of 1,07,670 lots. Likewise, the oil for delivery in October weakened by 20 paise, or 0.03%, to Rs 590.80 per 10 kg in 3,320 lots. Offloading of positions by speculators, driven by low demand in the spot market against higher supplies from producing belts, mainly influenced refined soya oil prices at futures trade. The prices of pulses have started rising, due to lower pro- duction estimates for the kharif season. Data from the Un- ion ministry of consumer affairs shows the price in whole- sale markets has risen up to 6.6 per cent so far this month. The government had forecast a 26 per cent decline in out- put at 5.2 million tonnes (first advance estimate) this kharif season, against a target of seven mt (and 6.02 mt in the kharif of 2013-14). The kharif season contributes around 40 per cent of annual pulses’ production. Signalling a coming resolution of the standoff between the government and private sugar millers in Uttar Pradesh, the latter decided on Monday to start maintenance work in their units from the morrow, for subsequent cane crushing. the government had assured revocation of police cases for not clearing growers' dues and issuance of recovery certifi- cates. The mills have also demanded Rs 9/quintal of subsidy instead of Rs 6/quintal, and the govt is to consider this. NCDEX INDICES Index Value % Change CASTOR SEED 4478 +0.95 CHANA 2797 -1.10 CORIANDER 11795 +0.44 COTTON SEED 1381 -0.22 GAUR SEED 5678 -0.23 JEERA 10585 -0.80 MUSTARDSEED 3573 -0.94 SOYBEAN 2985 -0.63 TURMERIC 6122 -0.46
  • 6. DAILY REPORT 21st OCTOBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 GBP/INR BUY GBP-INR ABOVE 98.9800 TGT 99.1800,99.5000 SL 98.8300 SELL GBP-INR BELOW 98.8500 TGT 98.6500,98.3000 SL 99.1000 USD/INR BUY USD-INR ABOVE 61.5000 TGT 61.7000,62.1000 SL 61.2500 SELL USD-INE BWLOW 61.1500 TGT 60.9500,60.5000 SL 61.4000 CURRENCY ROUNDUP The dollar traded largely lower against most major curren- cies on Monday albeit in tight trading ranges as investors priced in the possibility that softer European and Asian economies could dampen U.S. recovery. In U.S. trading on Monday, EUR/USD was up 0.40% at 1.2811. The dollar was down against the yen, with USD/JPY down 0.06% at 106.82, and down against the Swiss franc, with USD/CHF down 0.43% at 0.9420. The greenback was down against the pound, with GBP/USD up 0.51% at 1.6176. The dollar was mixed against its cousins in Canada, Australia and New Zea- land, with USD/CAD up 0.04% at 1.1281, AUD/USD up 0.65% at 0.8801 and NZD/USD up 0.78% at 0.7978. The US dollar index, which tracks the performance of the greenback ver- sus a basket of six other major currencies, was down 0.35% at 85.01. Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's four-year low. U.S. crude hovered below $83 a barrel. U.S. Treasuries prices rose on Monday on worries about Europe's drag on the U.S. economy and more bets the Federal Reserve might not raise interest rates until late 2015. The RBI to conduct overnight reverse repo auction under LAF for 100 billion rupees. Indian banks' refinancing with RBI rises to 123.94 billion rupees. Indian banks' cash bal- ances with RBI rise to 3.62 trillion rupees. The Indian rupee gained for a second consecutive session on Monday after the ruling party's success in two state elections and the gov- ernment's removal of diesel subsidies and a hike in natural gas prices sparked hopes for additional reforms. The par- tially convertible rupee closed at 61.36/37 per dollar com- pared with 61.44/45 on Friday. The rupee was also helped after Indian shares rose more than 1 percent on Monday to mark their biggest daily gain in more than one week. In the offshore non-deliverable for- wards, the one-month contract was at 61.68, while the three-month was at 62.27. RBI Reference Rate Currency Rate Currency Rate Rupee- $ 61.2873 Yen-100 57.1400 Euro 78.1536 GBP 98.6235
  • 7. DAILY REPORT 21st OCTOBER 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 20/10/14 MCX GOLD DEC. BUY 27300 27380-27480 27210 BOOKED FULL PROFIT 20/10/14 MCX GOLD DEC. SELL 27220 27140-27040 27310 SL TRIGGERED 20/10/14 MCX SILVER DEC. BUY 38600 38800-39100 38300 BOOKED PROFIT 20/10/14 MCX SILVER DEC. SELL 38300 38100-37800 38900 NOT EXECUTED 20/10/14 NCDEX DHANIYA NOV. BUY 12180 12210-12260 12130 NOT EXECUTED 20/10/14 NCDEX DHANIYA NOV. SELL 12800 12050-12000 12130 BOOKED FULL PROFIT 20/10/14 NCDEX GUARGUM NOV. BUY 15950 16000-16100 15850 NOT EXECUTED 20/10/14 NCDEX GUARGUM NOV. SELL 15680 15630-15530 15790 BOOKED PROFIT Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 10/10/14 NIFTY FUTURE BUY 8015 8065-8115 7965 NOT EXECUTED 10/10/14 TCS FUTURE SELL 2700-2720 2660-2620 2760 CALL OPEN 10/10/14 BANK OF INDIA FUTURE BUY 238-240 244-248 234 BOOKED PROFIT 10/10/14 JSWENERGY CASH BUY 74-74.5 76-77.5 72.5 NOT EXECUTED 09/10/14 WIPRO FUTURE SELL 595-600 585-570 610 BOOKED PROFIT
  • 8. DAILY REPORT 21st OCTOBER 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, OCT. 20 NONE SCHEDULED TUESDAY, OCT. 21 10 AM EXISTING HOME SALES SEPT. 5.00 MLN 5.05 MLN WEDNESDAY, OCT. 22 8:30 AM CONSUMER PRICE INDEX SEPT. 0.1% -0.2% 8:30 AM CORE CPI SEPT. 0.2% 0.0% THURSDAY, OCT. 23 8:30 AM WEEKLY JOBLESS CLAIMS OCT. 18 N/A N/A 8:30 AM CHICAGO NATIONAL ACTIVITY INDEX SEPT. -- 0.14 9 AM FHFA HOME PRICE INDEX AUG. -- 4.4% Y-O-Y 9:45 AM MARKIT FLASH PMI OCT. -- 57.5 10 AM LEADING INDICATORS SEPT. -- 0.2% FRIDAY, OCT. 24 10 AM NEW HOME SALES SEPT. 455,000 504,000