Epic Research is a leading financial advisory firm, we are well known stock advisory, commodity advisory, equity advisory, share advisory, forex advisory, MCX advisory, NCDEX advisory firm in india. Call- 07316642300

1. DAILY REPORT
26th AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian equity markets were mixed on Tuesday as tensions over Ukraine took the shine off Wall Street's overnight gains. China's Shanghai Composite was flat at 2,228.22. Hong Kong's Hang Seng was flat at 25,168.92. Japan's Nik- kei shed 0.40 percent or 62.02 points at 15,551.23. South Korea's Seoul Composite was up 0.38 percent or 7.84 points at 2,068.73. Singapore's Straits Times was flat at 3,332.45. Taiwan's Taiwan Weighted was flat at 9,397.21.
European shares rose on Monday, as prospects of new stimulus measures from the European Central Bank en- abled the region's stock markets to shrug off weak German data and the resignation of the French government.
Wall Street
The S&P 500 was unable to hold the 2,000 mark after mov- ing above the milestone level for the first time on Monday, but still managed to close at a record high, buoyed by fi- nancials and biotechnology stocks. The Dow Jones indus- trial average rose 75.65 points or 0.44 percent, to 17,076.87, the S&P 500 gained 9.52 points or 0.48 percent, to 1,997.92 and the Nasdaq Composite added 18.80 points or 0.41 percent, to 4,557.35.
Previous day Roundup
Equity benchmarks failed to sustain record highs in late trade on Monday due to crash in metals stocks after Su- preme Court verdict on coal block allocation case. Banks too put pressure on the market but the buying in defen- sives like technology and FMCG played supportive role. The 30-share BSE Sensex rallied as much as 211 points intraday to hit a record high of 26630.74 but could not sustain the same, up 17.47 points to close at 26437.02. The 50-share NSE Nifty managed to hold the 7900 level, down 6.90 points to 7906.30 after hitting an all-time high of 7,968.25. The broader markets underperformed with the BSE Midcap and Smallcap indices falling 0.4-0.6 percent.
Index stats
The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down 21.16pts], Capital Goods [down 99.76pts], PSU [down 67.37pts], FMCG [up 73.26pts], Auto [up 72.00pts], Health- care [up 64.47pts], IT [up 96.05Pts], Metals [down 558.01pts], TECK [up 40.31pts], Oil& Gas [down 27.66pts], Power [down 26.03pts], Realty [down 26.62pts].
World Indices
Index
Value
% Change
D J l
17076.87
+0.44
S&P 500
1997.92
+0.48
NASDAQ
4557.35
+0.41
EURO STO
3165.47
+2.16
FTSE 100
6775.25
-0.04
Nikkei 225
15550.88
-0.40
Hong Kong
25134.22
-0.13
Top Gainers
Company
CMP
Change
% Chg
TCS
2,521.70
57.50
2.33
HINDUNILVR
719.20
15.00
2.13
MARUTI
2,810.05
55.20
2.00
BHEL
231.50
4.00
1.76
CIPLA
508.00
8.70
1.74
Top Losers
Company
CMP
Change
% Chg
JINDALSTEL
249.85
44.55
-15.13
HINDALCO
164.30
18.20
-9.97
TATASTEEL
510.25
27.50
-5.11
SSLT
279.40
12.30
-4.22
TATAPOWER
90.25
3.45
-3.68
Stocks at 52 Week’s high
Symbol
Prev. Close
Change
%Chg
ARVIND
273.10
17.15
+6.70
AUROPHARMA
821.00
9.10
+1.12
BHARAT FORG
794.3
18.20
+2.35
CIPLA
508.00
8.70
+1.74
LUPIN
1264.80
14.25
+1.14
Indian Indices
Company
CMP
Change
% Chg
NIFTY
7906.30
-6.90
-0.09
SENSEX
26437.02
+17.47
+0.07
Stocks at 52 Week’s Low
Symbol
Prev. Close
Change
%Chg

2. DAILY REPORT
26th AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. CIPLA FUTURE
CIPLA FUTURE is looking strong on charts, long build up has
been seen, we may see more upside, if it sustains above
500 levels. We advise buying around 500-505 levels with
strict stop loss of 490 for the targets of 515-525 levels.
2. TATASTEEL FUTURE
TATA STEEL FUTURE is looking weak on charts, short build
up has been seen, we may see more downside, if it sustains
below 520 levels. We advise selling around 520-525 levels
with strict stop loss of 535 for the targets of 510-500 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. EXCEL CORP
EXCEL CORP strong on daily chart. We advise buying around
922-923 level with strict stop loss 904 for the targets of
941-959
MACRO NEWS
The Supreme Court has pronounced the terms under
which coal blocks were allocated post 1993 as illegal but
stopped short of deallocating the blocks. The conseqence
of illegality will be determined on September 1, 2014. The
apex court observed that the issue of de-allocation will
need further hearing, but barred UMPPs from exploiting
captive mines.
April-June balance of payment and current account data.
No fixed date for release.
India's Finance Minister Arun Jaitley will hold his first offi-cial
press conference today ahead of release of quarterly
GDP data for the April-June quarter on Friday. (Time is yet
to be confirmed).
Credit Suisse maintains outperform rating on MARUTI
with an increased target price to Rs 3,500 apiece
Sebi seeks fresh clarification on Lavasa's Rs 750-cr IPO.
ICICI Bank is planning to sell its second batch of 10-year
senior bonds of up to 30 billion rupees ($496 million). The
offering, via a private placement, is likely to go directly to
two big investors. Kotak Mahindra Bank and Andhra Bank
are the other lenders to have raised 2.65 billion rupees
and 5 billion rupees from such bonds at annual coupons
of 9.36% and 9.35%, respectively.

3. DAILY REPORT
26th 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
7,900
30
7,62,624
57,23,850
NIFTY
PE
7,800
7.45
4,16,246
64,09,350
NIFTY
PE
8,000
90.4
2,64,166
11,25,950
BANKNIFTY
PE
15,500
39
57,636
2,91,950
SBIN
PE
2,550
44
3,471
52,625
TATASTEEL
PE
530
20.8
2,849
6,24,000
RELIANCE
PE
1,000
10.7
2,833
6,77,000
JPASSOCIAT
PE
50
0.55
1,935
59,52,000
MOST ACTIVE CALL OPTION
Symbol
Op- tion
Type
Strike Price
LTP
Traded Volume (Contracts)
Open Interest
NIFTY
CE
8,000
8.85
8,24,770
1,03,70,000
NIFTY
CE
7,900
42.4
5,18,358
49,87,500
NIFTY
CE
8,100
1
2,21,477
39,97,750
BANKNIFTY
CE
16,000
19.5
1,09,156
7,09,700
SBIN
CE
2,600
3.6
7,657
4,57,875
TCS
CE
2,500
34
5,844
1,58,875
JPASSOCIAT
CE
55
0.25
5,171
78,96,000
HINDALCO
CE
180
0.35
4,908
18,00,000
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
78207
3110.73
73449
2919.18
295442
11687.57
191.56
INDEX OPTIONS
443974
17536.15
450648
17761.77
1801226
71168.87
-225.62
STOCK FUTURES
437405
16069.45
431466
15901.05
1412075
51321.48
168.40
STOCK OPTIONS
78096
3059.43
83383
3279.75
89425
3367.97
-220.32
TOTAL
-85.99
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
7,853.87
7,880.08
7,924.17
7,950.38
7,994.47
BANK NIFTY
16,103.83
15,886.42
15,755.93
15,538.52
15,408.03
STOCKS IN NEWS Shree Cement to buy JP's cement grinding unit for Rs 360cr. Alstom T&D India gets big order from Power Grid for ultra-high voltage direct current link. Axis Bank sought its board approval on Aug. 21 to raise up to 60 billion rupees via long-term bonds. PFC priced a two-tranche offering totaling 33.34 bil- lion rupees ($551 million) in local bonds. SyndiBank CMD's bail plea in Patiala court at 2 pm.
NIFTY FUTURE
Nifty Future downside in the last trading session. We advise selling around 7900-7890 with strict stop loss 7950 the targets of 7840-7790

4. DAILY REPORT
26th AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY MCX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER SEP ABOVE 42300 TGTS 42500,42800 SL 42000
SELL SILVER SEP BELOW 41800 TGTS 41500,41000 SL 42200
GOLD
TRADING STRATEGY:
BUY GOLD OCT ABOVE 27880 TGTS 27960,28100 SL 27760
SELL GOLD OCT BELOW 27700 TGTS 27600,27520 SL 27800
COMMODITY ROUNDUP
Silver prices fell by 0.14% to Rs 41,896 per kg in futures trade yesterday as speculators trimmed positions amid weak cues from global markets. At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 59, or 0.14%, to Rs 41,896 per kg in a business turnover of 1,285 lots.
Similarly, the white metal for delivery in December de- clined by Rs 44, or 0.10%, to Rs 42,649 per kg in a business volume of 126 lots. In the international market, silver traded 0.7% lower at $19.30 an ounce in Singapore, the lowest since June 12. Attributed the fall in silver prices at futures trade to offloading of positions by speculators amid weak cues from overseas markets.
Brent crude oil edged higher on Monday while U.S. crude fell in light trading as support from geopolitical tensions in Ukraine and Libya offset ample supplies and anticipated weak demand after a slew of disappointing economic data from the United States and Europe.
Lead prices softened by 0.11 per cent to Rs 136 per kg in futures trading yesterday as speculators reduced positions largely in line with a weak trend overseas amidst subdued demand from battery-makers in the spot market. At the MCX lead for delivery in August eased by 15 paise, or 0.11%, to Rs 136 per kg in a business turnover of 84 lots. Weakness in copper and other base metals at the Shanghai Futures Exchange and subdued demand from battery- makers in the spot market mainly put pressure on lead prices at futures trade. Closure of the LME for "Summer Bank Holiday" also weighed on sentiments.
Nickel prices fell by 0.13 per cent to Rs 1,127.40 per kg in futures trade today as speculators indulged in booking profits. At MCX nickel for delivery in August declined by Rs 1.50, or 0.13%, to Rs 1,127.40 per kg in a business turnover of 1,132 lots. September nickel shed 60 paise, or 0.05 per cent, to Rs 1,135 per kg in 126 lots. Fall in nickel prices in futures trade was largely due to profit-booking by specula- tors at current levels and subdued demand from alloy- makers. Besides, weakness in copper and other metals at Shanghai Futures Exchange also weighed on nickel futures.

5. DAILY REPORT
26th AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA SEP ABOVE 11870 TGTS 11900,11950 SL 11820
SELL DHANIYA SEP BELOW 11760 TGTS 11730,11680 SL 11810
GUARGUM
BUY GUARGUM OCT ABOVE 17170 TGTS 17220,17320 SL 17080
SELL GUARGUM OCT BELOW 16650 TGTS 16600,16500 SL 16740
NCDEX
NCDEX INDICES
Index
Value
% Change
Castor Seed
4177
-0.69
Chana
2861
-1.21
Coriander
11842
+0.06
Cotton Seed Oilcake
1764
-1.67
Guarseed
5971
-3.99
Jeera
11075
-1.12
Mustard seed
3573
+2.26
Soy Bean
3366
-1.58
Sugar M Grade
3045
-0.46
Turmeric
6478
-2.00
NCDEX ROUNDUP
Soyabean prices fell by Rs 65 to Rs 3,355 per quintal in fu- tures trading yesterday amid a weak trend overseas. At NCDEX, soybean for delivery in October drifted by Rs 65, or 1.90%, to Rs 3,355 per quintal, in an open interest of 65,610 lots. In a similar fashion, November contracts shed Rs 19, or 0.59%, to Rs 3,217 per quintal with an open interest of 80,590 lots.
Crude palm oil prices tumbled 3.16 per cent to Rs 434.70 per 10 kg, as speculators trimmed positions amid a weak trend at spot market on sluggish demand. At MCX, crude palm oil for delivery in September dropped by Rs 14.20, or 3.16 per cent, to Rs 434.70 per 10 kg in a business turnover of 807 lots. The August contract shed Rs 5, or 1.05 per cent, to Rs 471 per 10 kg in 306 lots. Offloading of positions by speculators due to sluggish demand in the spot market mainly led to the fall in oil prices at futures trade.
India has imported onion from Egypt at a price higher than that prevailing in major mandis India has imported about 425 tonnes (15 container-loads) of onion from Egypt at a price substantially higher than that prevailing in major mandis, including that in Lasalgaon.

6. DAILY REPORT
26th AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
EUR/INR
BUY EUR-INR ABOVE 80 TGT 80.20,80.50 SL 79.77
SELL EUR-INR BELOW 79.60 TGT79.40,79.10 SL 79.83
GBP/INR
BUY GBP-INR ABOVE 100.70 TGT 100.90,101.20 SL 100.45
SELL GBP-INR BELOW 100.30 TGT 100.10,99.80 SL 100.66
CURRENCY ROUNDUP
The Indian rupee fell on Monday, retreating from a three- week high hit last week, as the dollar gained after U.S. Fed- eral Reserve chief Janet Yellen was seen as more hawkish than her European counterpart at a central bankers' meet- ing. The partially convertible rupee closed at 60.5650/5750 per dollar compared with 60.4650/4750 in the previous ses- sion. The falls in the rupee came after the U.S. dollar rose to a near one-year high against a basket of six-major curren- cies. Most Asian emerging market currencies also fell. The rupee also faltered after the NSE index edged lower on Monday after hitting a second consecutive record high as gains in blue-chips were offset by a slump in resources firms following the top court's ruling on coal allocations. In the offshore non-deliverable forwards, the one-month contract was at 60.89, while the three-month was at 61.45.
The dollar firmed against most major currencies on Monday despite softer-than-expected data out of the U.S. housing sector, as markets took up positions betting that the Federal Reserve will tighten policy while its counterparts in Europe and Japan stay loose. In U.S. trading on Monday, EUR/USD was down 0.35% at 1.3193.
The euro stayed on the back foot early on Tuesday, having extended its decline particularly against the Swiss franc overnight, as markets toyed with the idea of another round of policy easing by the European Central Bank. U.S. Treasur- ies prices gained modestly on Monday in light trading in line with rallying European bonds on expectations the European Central Bank will use more stimulus to revive flagging growth in the region.
The BI said on Monday it accepted all 41 bids for 173.22 billion rupees($2.87 billion) at its one-day repo auction, through which it injects liquidity into the banking system. Indian banks' refinancing with RBI rises to 177.89 billion ru- pees. Indian banks' cash balances with RBI rise to 3.53 trln rupees.
RBI Reference Rate
Currency
Rate
Currency
Rate
Rupee- $
60.4270
Yen-100
58.0100
Euro
79.7439
GBP
100.1155

7. DAILY REPORT
26th 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
25/08/14
MCX GOLD
OCT.
BUY
27880
27960-28100
27760
NOT EXECUTED
25/08/14
MCX GOLD
OCT.
SELL
27700
27600-27520
27800
NOT EXECUTED
25/08/14
MCX SILVER
SEP.
BUY
42350
42600-42890
42000
NOT EXECUTED
25/08/14
MCX SILVER
SEP.
SELL
41800
41500-41000
42200
NOT EXECUTED
25/08/14
NCDEX GUARGUM
OCT.
BUY
17730
17780-17880
17640
NOT EXECUTED
25/08/14
NCDEX GUARGUM
OCT.
SELL
17400
17350-1250
17490
BOOKED FULL PROFIT
25/08/14
NCDEX DHANIYA
SEP.
BUY
11905
11935-11985
11855
NOT EXECUTED
25/08/14
NCDEX DHANIYA
SEP.
SELL
11810
11780-11730
11860
BOOKED FULL PROFIT
25/08/14
USD/INR
AUG.
BUY
60.70
60.9-61.1
60.40
NOT EXECUTED
25/08/14
USD/INR
AUG.
SELL
60.30
60.10-59.80
60.60
NOT EXECUTED
25/08/14
GBP/INR
AUG.
SELL
100.10
99.9-99.60
100.40
BOOKED PROFIT
25/08/14
GBP/INR
AUG.
BUY
100.50
100.7-101
100.20
CALL OPEN
Date
Scrip
CASH/ FUTURE/ OPTION
Strategy
Entry Level
Target
Stop Loss
Remark
25/08/14
NIFTY
FUTURE
BUY
7940
7990-8040
7890
CALL OPEN
25/08/14
RELCAP
FUTURE
BUY
570-575
590-600
560
SL TRIGGERED
25/08/14
HCLTECH
FUTURE
BUY
1590-1600
1620-1640
1560
CALL OPEN
25/08/14
IGARASHI MOTORS
CASH
BUY
301-302
308-314
295
CALL OPEN
21/08/14
NIFTY
FUTURE
BUY
7925
7975-8025
7875
CALL OPEN

8. DAILY REPORT
26th 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. 25
8:30 AM
CHICAGO FED NATIONAL ACTIVITY INDEX
JULY
--
0.13 (3-MONTH)
10 AM
NEW HOME SALES
JULY
430,000
406,000
TUESDAY, AUG. 26
8:30 AM
DURABLE GOODS ORDERS
JULY
12.6%
1.7%
8:30 AM
CORE CAPITAL EQUIPMENT ORDERS
JULY
--
3.3%
9 AM
CASE-SHILLER HOME PRICES
JUNE
--
9.3% Y-O-Y
9 AM
FHFA HOME PRICES
JUNE
--
5.6% Y-O-Y
10 AM
CONSUMER CONFIDENCE INDEX
AUG.
88.5
90.9
WEDNESDAY, AUG. 27
NONE SCHEDULED
THURSDAY, AUG. 28
8:30 AM
WEEKLY JOBLESS CLAIMS
AUG. 23
301,000
298,000
8:30 AM
GDP REVISION
Q2
3.9%
4.0%
10 AM
PENDING HOME SALES
JULY
--
-1.1%
FRIDAY, AUG. 29
8:30 AM
PERSONAL INCOME
JULY
0.3%
0.4%
8:30 AM
CONSUMER SPENDING
JULY
0.1%
0.4%
8:30 AM
CORE PCE PRICE INDEX
JULY
--
0.1%
9;45 AM
CHICAGO PMI
AUG.
57.5
52.6
9:55 AM
UMICH CONSUMER SENTIMENT INDEX
AUG.
80.1
79.2