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1. DAILY REPORT
22nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian shares and the Australian dollar rose on Thursday
after an upbeat reading on China's factory sector blunted
some of the more pessimistic views on the world's second-
biggest economy, supporting risk appetite already bur-
nished by a strong session on Wall Street.
European shares finished higher on Wednesday. The pan-
European FTSEurofirst 300 ended 0.6 percent higher at
1,364.76 points, just below last week's six-year peak. The
index was helped by companies like Maersk and Ger-
many's top utilities E.ON and RWE.
Wall Street Update
US stocks rose on Wednesday, rebounding from the previ-
ous day's broad selloff, after minutes of the Federal Re-
serve's last meeting showed central bankers have dis-
cussed the eventual tightening of monetary policy but
made no decisions on which tools to use. The Dow Jones
industrial average rose 1 percent, its biggest daily percent-
age jump since mid-April. Goldman Sachs was the top
gainer on the blue chip index, up 1.9% at USD 159.35. The
Dow Jones industrial average rose 158.75 points or 0.97
percent, to 16,533.06, the S&P 500 gained 15.2 points or
0.81 percent, to 1,888.03 and the Nasdaq Composite
added 34.65 points or 0.85 percent, to 4,131.54
Previous day Roundup
Equity benchmarks snapped four-day winning streak on
Wednesday weighed down by profit booking in banks and
capital goods stocks. However, technology stocks bucked
the trend, continuing thier upmove for the second con-
secutive session. Globally, investors remained cautious
ahead of minutes of April policy meeting of the US Federal
Reserve. The Sensex was down 78.86 points to close at
24298.02 and the Nifty fell 22.60 points to 7252.90 but the
broader markets remained strong. The BSE Midcap Index
gained 1.34 percent and Smallcap rallied 1.84 percent.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [down
32.88pts], Capital Goods [down 238.51pts], PSU [up
11.68pts], FMCG [up 42.96pts], Realty [up 34.13pts],
Power [up 3.93pts], Auto [up 71.31pts], Healthcare [down
35.42pts], IT [up 66.03pts], Metals [up 32.64pts], TECK [up
21.19pts], Oil& Gas [down 29.52pts].
World Indices
Index Value % Change
D J l 16533.06 +0.97
S&P 500 1888.03 +0.81
NASDAQ 4131.54 +0.85
EURO STO 3187.08 +0.73
FTSE 100 6821.04 +0.28
Nikkei 225 14251.11 +1.49
Hong Kong 23031.15 +0.85
Top Gainers
Company CMP Change % Chg
DLF 194.65 10.25 +5.56
BAJAJ-AUTO 1962.00 95.60 +5.12
MCDOWELL-N 2761.00 131.2 +4.99
ASIANPAINT 548.90 20.00 +3.78
NTPC 146.3 4.05 +2.85
Top Losers
Company CMP Change % Chg
ULTRACEMCO 2262.3 83.5 -3.56
BHARTIARTL 269.30 10.55 -3.04
GRASIM 2945.00 87.6 -2.89
SBIN 2463.00 63.05 -2.50
ACC 1389.00 33.00 -2.32
Stocks at 52 Week’s high
Symbol Prev. Close Change %Chg
ADANI POWER 62.40 2.25 +3.74
BHARAT FORG 489.20 16.85 +3.57
ESSAR OIL 88.90 11.35 +14.64
HINDALCO 160.25 4.05 +2.59
IRB 207.75 33.80 +19.81
Indian Indices
Company CMP Change % Chg
NIFTY 7252.9 -22.60 -0.31
SENSEX 24298.02 -78.86 -0.32
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg

2. DAILY REPORT
22nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. IBREAL ECTATE [FUTURE]
IBREAL ESTATE FUTURE is looking strong on charts, long
build up has been seen, we may see more upside, if it sus-
tains above 90 levels. We advise buying around 90-91 levels
with strict stop loss 88 for the targets of 93-95 levels.
2. VOLTAS [FUTURE]
VOLTAS FUTURE is looking weak on charts, short build up
has been seen, we may see more downside, if it sustains
below 190 levels. We advise selling around 190-192 levels
with strict stop loss 195 for the targets of 186-182 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. NAV BHARAT VENTURES
NAV BHARAT VENTURES is looking strong on charts. We ad-
vise buying around 220-225 levels with strict stop loss of
200 for the targets of 240-250 levels.
MACRO NEWS
Zee Entertainment Enterprises Ltd reported a 21.14 per
cent increase in consolidated net profit at Rs 217.58 crore
for the fourth quarter ended March 31, 2014. The com-
pany had reported consolidated net profit of Rs 179.6
crore in the same period of the previous fiscal.
ACCI yesterday expressed strong objection to non-optimal
use of the state's own hydro power stations by the power
department, purchasing power from outside at the cost of
the state exchequer and passing the cost to its consum-
ers.
The Supreme Court yesterday asked the Andhra Pradesh
High Court, which had passed an interim order staying the
USD 4 billion merger of Ranbaxy with Sun Pharma, to de-
cide the issue within two days.
Essar oil reported five-fold growth in net profit at Rs 1,008
crore in the quarter ended January-March, driven by
higher forex gain, better operational performance and
lower finance cost.
The Reserve Bank on Wednesday allowed banks to pro-
vide loans with tenures of up to 10 years to exporters to
help them ensure capital flows to fulfil long-term con-
tracts. Existing norms allow banks to give loans for up to
one year only.

3. DAILY REPORT
22nd
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 7,200 37.95 3,02,642 37,64,250
NIFTY PE 7,100 15.05 2,17,270 36,27,150
NIFTY PE 7,300 81.95 2,12,423 26,59,750
BANKNIFTY PE 14,500 61 20,908 2,56,450
MCDOWELL-N PE 2,700 10 6,896 4,95,000
SBIN PE 2,500 75.05 2,963 2,04,500
RELIANCE PE 1,080 20.5 2,235 1,84,250
DLF PE 180 2.75 1,999 12,58,000
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 7,300 59.7 3,41,969 41,28,750
NIFTY CE 7,400 28.1 3,17,383 59,85,650
NIFTY CE 7,500 12.7 2,52,885 61,22,200
BANKNIFTY CE 15,500 69 22,146 2,79,100
MCDOWELL-N CE 2,800 27 19,793 12,83,500
RELAINCE CE 1,100 15.5 6,869 15,23,500
SBIN CE 2,600 20 5,107 3,40,500
IFCI CE 35 3.05 3,940 45,60,000
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 79231 2898.75 72045 2634.06 497407 18182.32 264.69
INDEX OPTIONS 370643 13536.57 329225 12056.39 2499989 90812.03 1480.18
STOCK FUTURES 140317 5095.59 172891 6201.87 1406256 49140.41 -1106.28
STOCK OPTIONS 53080 1942.70 54666 1992.22 115194 4180.06 -49.52
TOTAL 589.07
INDICES R2 R1 PIVOT S1 S2
NIFTY 7,329.37 7,291.13 7,248.92 7,210.68 7,168.47
BANK NIFTY 15,247.83 15,099.97 14,978.73 14,830.87 14,709.63
STOCKS IN NEWS
Results Today: Ashok Leyland , Cummins India , IRB
Infrastructure , Motherson Sumi , PC Jeweller , Sobha
Developer , Emkay Global , GSPL , Jain Irrigation , JK
Lakshmi Cement , Novartis , Ramco Systems , Suven
Life
Coal India sacks 126 employees in Odisha .
Jaypee Group plans Rs.2,000 cr investment in hospi-
tals .
M&M to stop production for 3days in this month.
NIFTY FUTURE
Nifty Future closed in the green in the last trading ses-
sion. We advise selling around 7300 levels with strict
stop loss of 7350 for the targets of 7250-7200 levels.

4. DAILY REPORT
22nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 41150 TGT 41350,41650 SL BELOW
40850
SELL SILVER BELOW 40700 TGT 40500,40200 SL ABOVE
41000
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 27520 TGT 27600,27700 SL BELOW
27420
SELL GOLD BELOW 27350 TGT 27270,27170 SL ABOVE
27450
COMMODITY ROUNDUP
MCX Gold futures slipped as the COMEX gold futures re-
verted to losses ahead of the release the minutes of FOMC
meeting in April. Failure of the metal to hold above $1300
per ounce levels in a convincing manner is hurting the senti-
ments. The global prices dropped yesterday on worries over
Indian demand and the persistent strength in the US dollar.
Gold demand in India fell by a fourth to 190.3 tonnes in the
quarter to March due to the curbs and have sent local pre-
miums to record highs, WGC said in its quarterly report on
Tuesday. COMEX Gold currently trade at $1291.50 per
ounce, down $3.10 per ounce on the day. MCX Gold is quot-
ing at Rs 28147 per 10 grams, up Rs 39 per 10 grams on the
day.
Crude oil futures prices rose by 1.03 per cent to Rs 6,077
per barrel yesterday as speculators created positions amid a
firm trend in Asia. At the Multi Commodity Exchange, crude
oil for delivery in June gained Rs 62, or 1.03 per cent, to Rs
6,077 per barrel, with a business turnover of 4,700 lots. The
rise in crude oil futures was largely in tandem with a firming
trend in Asian trade as investors await the release of US
Federal Reserve minutes from its April meeting, Mean-
while, WTI crude prices for July delivery advanced by 57
cents to $102.90 a barrel on the New York Mercantile Ex-
change. The June contract ended yesterday.
Copper has started to show vulnerability against the rise
and the prices have started to turn red in the evening
trades on MCX. The benchmark metal is likely to see some
more losses in the coming days on the back of fears of the
growth declines in China. China reported a decline in the
manufacturing numbers. Indian Copper has already seen
losses of 12% in 2014. In May, consolidation is expected in
the rest of the month. The prices however are unlikely to
move beyond Rs 415 per kg for some time. On the lower
side, Rs 400 is a supportive zone and it is more likely that
the trend could be sideways.
Lead futures prices yesterday rose by 0.44% to Rs 124.70
per kg as speculators enlarged positions mostly on the back
of rising domestic spot demand from battery makers. At the
Multi Commodity Exchange, lead for delivery in May traded
55 paise, or 0.44 per cent, higher at Rs 124.70 per kg, with a
turnover of 284 lots, while the June contract was up by 45
paise, or 0.36 per cent, to Rs 125.90 per kg in a turnover of
five lots. The rise in lead futures was mostly supported by
rising demand from battery-makers in the spot markets.
COMMODITY MCX

5. DAILY REPORT
22nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA JUN ABOVE 9430 TGTS 9460,9510 SL 9380
SELL DHANIYA JUN BELOW 9275 TGTS 9245,9195 SL 9325
GUARSEED
BUY GUARSEED JUN ABOVE 5190 TGTS 5220,5270 SL 5140
SELL GUARSEED JUN BELOW 5130 TGTS 5100,5050 SL 5180
NCDEX
NCDEX INDICES
Index Value % Change
Castor Seed 3899 -1.17
Chana 2901 -2.49
Coriander 9335 -2.47
Cotton Seed Oilcake 1550 +0.78
Jeera 11025 -2.09
Guarseed 5185 -0.67
Mustard seed 3439 -1.35
Soy Bean 4507 -0.51
Turmeric 6422 -2.52
NCDEX ROUNDUP
Jeera tumbled for the second straight session as heavy long
liquidation continued in the counter. The NCDEX Jeera June
delivery ended the day at Rs 11,025, down Rs235 or 2.09%.
Jeera soared recently as heavy buying continued to emerge
amid steady sentiments and dropping arrivals in last few
days.Jeera futures fell almost Rs500 from the recent high of
11,460 levels due to profit taking. The counter ended the
day at Rs11,025, down Rs235 or 2.09% and the open inter-
est pared 195 tonnes to 8,673 tonnes, indicating long liqui-
dations.
Chana remained weak for the third day in a row and prices
shed 0.37 per cent to Rs 2,964 per quintal in futures market
today as speculators offloaded positions, triggered by in-
creased supplies from producing regions. At the NCDEX,
chana for delivery in June fell by Rs 11, or 0.37 per cent to
Rs 2,964 per quintal with an open interest of 1,46,750 lots.
The July contract shed Rs 9, or 0.30 per cent to Rs 3,031 per
quintal in 63,620 lots.
During ongoing Rabi Marketing Season, the Government
agencies have procured more than 263 lakh tonnes wheat
across the states. As per data available from the fields till 21
May, 2014, total wheat procured during the season is 263,
85,171 tonnes while during the previous season, on the day,
it was 246, 60,475 tonnes.

6. DAILY REPORT
22nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
JPY/INR
SELL JPY- INR MAY BELOW 58.20 TG58.15,57,95 SL 58.40
BUY JPY -INR MAY ABOVE 58.44 TG 58.60,58,80 SL 58.24
EUR/INR
SELL EUR -INR MAY BELOW 80.48 TG 80.33,80,13 SL 80.68
BUY EUR-INR MAY ABOVE 80.75 TG 80.90,81,10 SL 80,45
CURRENCY ROUNDUP
The Indian rupee weakened for a second consecutive ses-
sion on Wednesday, weighed down by large demand for
dollars from importers and after foreign investors turned
sellers of domestic shares for the first time in about a
month. Foreign investors sold Indian cash shares worth a
net 1.04 billion rupees ($17.8 million) on Tuesday. Although
the sales were modest, it was their first sales since April 16.
The rupee has gained around 2 percent so far this year. The
partially convertible rupee closed at 58.7750/7850 per dol-
lar versus 58.63/64 on Tuesday.
Demand for dollars came mainly from importers as well as
from state-owned banks, which dealers attributed to de-
fence-related purchases. The rupee was also weighed down
as shares edged lower on profit-taking, snapping a four-
session winning streak. In the offshore non-deliverable for-
wards, the one-month contract was at 59.08, while the
three-month was at 59.71.
The pound jumped to two-week highs against the dollar on
Wednesday and hit 16-month peaks against the euro after
data showed that U.K. retail sales surged in April, while the
minutes of the Bank of England's May meeting indicated
that policymakers are becoming more hawkish. GBP/USD
hit 1.6921, the highest since May 9 and was last up 0.42% to
1.6908.
EUR/GBP fell 0.31% to 0.8103, the lowest level since Janu-
ary 2013 and was last down 0.32% to 0.8109. The euro re-
mained under pressure from mounting expectations for
monetary easing by the European Central Bank at its next
meeting in June and data last week showing that the euro
zone economy grew at a slower than forecast rate in Q1.
The Reserve Bank of India on Wednesday said it accepted all
19 bids for 95.12 billion rupees ($1.62 billion) at its one-day
repo auction, through which it injects liquidity into the
banking system. Indian banks' refinancing with RBI falls to
298.22 billion rupees. Indian banks' cash balances with RBI
fall to 3.26 trillion rupees.
CURRENCY
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 58.7725 Yen-100 58.0900
Euro 80.5684 GBP 99.0199

7. DAILY REPORT
22nd
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
21/05/14 MCX GOLD JUNE BUY 28250 28330-28430 28130 SL TRIGGERED
21/05/14 MCX GOLD JUNE SELL 28120 28040-27940 28150 BOOKED PROFIT
21/05/14 MCX SILVER JULY BUY 41150 41350-41650 40850 BOOKED PROFIT
21/05/14 MCX SILVER JULY SELL 40700 40500-40200 41000 NOT EXECUTED
21/05/14 NCDEX GUARSEED JUNE BUY 5270 5300-5400 5220 SL TRIGGERED
21/05/14 NCDEX GUARSEED JUNE SELL 5210 5180-5130 5260
BOOKED FULL
PROFIT
21/05/14 NCDEX DHANIYA JUNE BUY 9685 9510-9460 9590 NOT EXECUTED
21/05/14 NCDEX DHANIYA JUNE SELL 9540 9510-9460 9590
BOOKED FULL
PROFIT
21/05/14 JPY/INR MAY BUY 58.16 58.31-58.51 57.96 BOOKED PROFIT
21/05/14 JPY/INR MAY SELL 57.92 57.77-57.57 58.12 NOT EXECUTED
21/05/14 EUR/INR MAY SELL 80.40 80.25-80.05 80.60 NOT EXECUTED
21/05/14 EUR/INR MAY BUY 80.68 80.83-81.03 80.48 BOOKED PROFIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
21/05/14 NIFTY FUTURE SELL 7300 7250-7200 7350 BOOKED PROFIT
21/05/14 IDFC FUTURE BUY 135-140 145-150 128 CALL OPEN
21/05/14 ZEE LTD FUTURE BUY 290-292 298-304 284 SL TRIGGERED
21/05/14 BGR ENERGY CASH BUY 235-240 255-275 220 SL TRIGGERED
20/05/14 NIFTY FUTURE BUY 7340 7370-7420 7300 SL TRIGGERED

8. DAILY REPORT
22nd
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS
MONDAY, MAY 19
NONE SCHEDULED
TUESDAY, MAY 20
NONE SCHEDULED
WEDNESDAY, MAY 21
2 PM FOMC MINUTES
THURSDAY, MAY 22
8:30 AM JOBLESS CLAIMS 5/17 N/A N/A
9:45 AM MARKET FLASH PMI APRIL -- 55.4
10 AM EXISTING HOME SALES APRIL 4.70 MLN 4.59 MLN
10 AM LEADING INDICATORS APRIL -- 0.8
FRIDAY, MAY 23
10 AM NEW HOME SALES APRIL 430,000 384,000