SlideShare a Scribd company logo
1 of 8
Download to read offline
DAILY REPORT
29th
APRIL 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
European stocks ended slightly higher on Monday as
merger and acquisition moves in pharmaceuticals and
strong results from Germany's Bayer outweighed anxiety
over new Western sanctions against Russia. The pan-
European FTSEurofirst 300 index, which has struggled to
make much headway after hitting a near six-year high ear-
lier this month, closed 0.3% higher at 1,336.30 pts. The
euro zone Euro STOXX 50 rose 0.6% to 3,165.84 points.
Asian share markets crept cautiously higher on Tuesday
after Wall Street notched up a late rally.
Wall Street Update
The S&P 500 ended higher on Monday after a volatile ses-
sion, as gains in Apple and Pfizer helped offset another
round of selling in some high-growth tech shares.
The Dow also managed to end the session with a modest
gain, while the Nasdaq closed slightly lower after rebound-
ing from a fall of over 1 percent. Leading the Nasdaq down
was Amazon.com , which extended Friday's sharp drop a
day after its earnings report.The Dow Jones industrial aver-
age rose 87.28 points or 0.53 percent, to end at 16,448.74.
The S&P 500 gained 6.03 points or 0.32 percent, to
1,869.43. The Nasdaq Composite dropped 1.161 points or
0.03 percent, to 4,074.401.
Previous day Roundup
Markets ended lower, amid a range bound trading session
on Monday, tracking weakness among Asian peers. Fur-
ther, uncertainty of the election outcome despite opinion
polls indicating victory for the BJP-led NDA government
weighed on market sentiment. The 30-share Sensex ended
down 56 points at 22,632 and the 50-share Nifty ended
down 22 points at 6,761.
Market breadth was positive with 1,448 gainers and 1,339
losers on the BSE.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
5.37pts], Capital Goods [down 127.47pts], PSU [down
0.95pts], FMCG [down 28.47 pts], Realty [up 8.46pts],
Power [up 0.59pts], Auto [down 132.47pts], Healthcare
[up 175.23pts], IT [up 5.79pts], Metals [down 55.79pts],
TECK [up 4.60pts], Oil& Gas [down 23.83pts].
World Indices
Index Value % Change
D J l 16,448.74 +0.53
S&P 500 1869.43 +0.32
NASDAQ 4074.40 -0.03
EURO STO 3,165.84 +0.59
FTSE 100 6,700.16 +0.22
Nikkei 225 14,288.23 -0.98
Hong Kong 22,121.11 -0.05
Top Gainers
Company CMP Change % Chg
CIPLA 407.65 13.40 +3.40
SUNPHARMA 636.85 14.85 +2.39
WIPRO 530.50 11.25 +2.17
DRREDDY 2680.00 50.75 +1.93
KOTAKBANK 823.40 14.90 +1.84
Top Losers
Company CMP Change % Chg
AMBUJACEM 200.15 8.90 -4.26
ASIANPAINT 500.00 14.95 -2.90
BHEL 186.5 4.70 -2.46
GAIL 371.60 8.05 -2.12
HCLTECH 1420.45 28.95 -2.00
Stocks at 52 Week’s high
Symbol Prev. Close Change %Chg
ADVANTA 193.10 32.15 +19.98
AUROPHARMA 587.20 7.95 +1.37
AXISBANK 1535.00 2.30 +0.15
BANKBARODA 820.00 10.70 +1.32
HAVELLS 955.00 35.40 +3.85
Indian Indices
Company CMP Change % Chg
NIFTY 6,761.25 -21.50 -0.32
SENSEX 22,631.61 -56.46 -0.25
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg
DAILY REPORT
29th
APRIL 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. ALLAHBAD BANK [FUTURE]
BUY ALLAHABAD BANK F ABOVE 104 TGT 107-110 SL 100
2. ASIAN PAINT [FUTURE]
SELL ASIAN PAINTS F BELOW 500 TGT 490-475 SL 512
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
BATA INDIA
BUY BATA INDIA ABOVE 1115 TGT 1130-1150 SL 1090
MACRO NEWS
Net profit of HUL jumped 10.77% to Rs 872cr. in the quar-
ter ended March 31, 2014 from Rs 787.2cr. in the year ago
period. During the period, net sales grew 9.7% at Rs
7,094cr. compared to Rs 6466 cr. on a yearly basis.
India is likely to clock a GDP growth of 5.5 per cent during
the current financial year provided there is normal mon-
soon and stable government at the centre.
Bajaj Corp reported 22.05% decline in standalone net
profit at Rs 38.31 crore for the fourth quarter ended
March 31, 2013-14. It had reported net profit of Rs 49.15
crore in the January-March quarter of 2012-13 fiscal.
UPL reported a robust 28% year-on-year growth in ad-
justed consolidated net profit at Rs 405 crore for the
fourth quarter ended March 31, 2014 (Q4FY2014), mainly
due to higher operational income and lower employee
costs. The agrochemicals maker had reported profit of Rs
317 crore in the year-ago quarter.
Department of industrial policy and promotion does not
agree to hike FII limit for HDFC Bank's proposal.
India may not impose anti-dumping duty on solar power
gear imports.
DAILY REPORT
29th
APRIL 2014
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts
)
Open
Interest
NIFTY PE 6,500 111.4 54,400 29,48,250
NIFTY PE 6,800 227 46,709 24,71,650
NIFTY PE 6,400 86.6 35,890 17,88,900
BANKNIFTY PE 12,000 210 4,418 1,71,775
MCDOWELL-N PE 2,800 30.9 1,780 5,50,125
LT PE 1,280 39.25 888 2,13,000
UPL PE 240 3.95 888 4,66,000
IDFC PE 110 3.25 855 10,10,000
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 7,200 93.45 56,035 17,83,950
NIFTY CE 7,000 163 44,372 32,72,550
NIFTY CE 7,500 37.75 44,088 18,05,300
BANKNIFTY CE 14,000 307 8,197 1,45,575
UPL CE 270 19.15 2,554 2,64,000
SBIN CE 2,100 119.1 2,532 1,45,250
IDFC CE 120 4.5 2,298 19,00,000
AUROPHARMA CE 600 27 1,773 4,73,000
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 28141 953.41 35132 1191.35 279973 9513.23 -237.94
INDEX OPTIONS 148700 4992.39 132313 4452.49 1165392 39347.74 539.90
STOCK FUTURES 82183 2646.64 85681 2749.45 1212951 37987.33 -102.80
STOCK OPTIONS 25402 834.81 23278 762.70 32627 1016.98 72.11
TOTAL 271.27
INDICES R2 R1 PIVOT S1 S2
NIFTY 6,801.88 6,781.57 6,765.93 6,745.62 6,729.98
BANK NIFTY 12853.5 12967.5 13041.8 13155.8 13230
STOCKS IN NEWS
Britain's AstraZeneca rejects Pfizer talks.
India to see a big rise in power demand this year
AuroPharma lands in patent litigation cases in USA
ITC forays into e-commerce business with Wills Life-
style, plans exclusive outlets for fashion sub-brands
Anil Ambani along with Singapore-based wine investor
Ravi Vishwanathan to buy 30% stake in Sula for Rs 200
crore
NIFTY FUTURE
SELL NIFTY BELOW 6790 TGT 6765-6715 SL 6835
DAILY REPORT
29th
APRIL 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 42750 TGT 43000,43350 SL BELOW
42450
SELL SILVER BELOW 42250 TGT 42000,41650 SL ABOVE
42550
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 29100 TGT 29180,29280 SL BELOW
29000
SELL GOLD BELOW 28800 TGT 29720,29620 SL BELOW
28900
COMMODITY ROUNDUP
MCX Crude oil futures are trading with steady gains follow-
ing the rise in WIT Crude futures yesterday. The global
prices witnessed some gains today following the modera-
tion in last week. Worries between Russia and Ukraine
firmed up the sentiments and the WTI Crude quotes at
$101.08, up 47 cents per barrel on the day. MCX Crude
trades at Rs 6146 per barrel, up Rs 15 per barrel on the day.
The open interest is up 13.40% on the day. Global economic
backdrop also remains supportive for oil prices. US Con-
sumer sentiment in April surged to its best level in nine
months, according to the latest Thomson Reuters/
University of Michigan survey, coming in at 84.1 compared
to 80.0 in March and 73.2 in October 2013. The latest read-
ing is slightly below the post-financial crisis high, reached in
July 2013, indicating that the mood among consumers re-
mains buoyant. WTI Crude oil continued to ease last week
as higher US supplies took a toll on sentiments. EIA noted
during the week that crude supplies totaled 397.7 million
barrels for the week ended April 18. This was the largest
weekly total for commercial crude inventories since at least
late August of 1982. Gold recovered from its two month low
on Ukraine worries.
Copper is trading in a non volatile manner after the rally last
week that was driven by the reports of buying of metal by
China State Reserves Bureau. The reports from China sug-
gested that the State Reserves Bureau (SRB), had purchased
at least 200000 tons of imported copper kept in reserve in
bonded warehouses in China. COMEX Copper was seen
trading at $ 3.129 per pound, down 0.05 cents. MCX Copper
was trading at Rs 419.15 per kg, down Rs 0.35. The prices
have tested a intraday high of Rs 422.2 per kg, and a low of
Rs 416.8 per kg.
Gold futures eased from the high on profit sales amid recov-
ery in the stock markets. The COMEX gold for June delivery
rose to a session high of $1,306.50 a troy ounce and cur-
rently quotes at $1,299.80, down $1 a troy ounce. Silver
July quotes at $19.620 a troy ounce, down $0.098 a troy
ounce from last close. Local gold traded with mixed note
due to the volatility in the international gold futures and
local currencies. The Indian rupee traded off the low of Rs
60.41 per one dollar and quotes currently at Rs 60.635, up
Rs 0.035 from last close. MCX Gold June delivery quotes at
Rs 28,940, up Rs 35 per 10 grams from last close. Mean-
while, Silver May delivery quotes at Rs 42,494, down Rs 125
per 1 kg from last close.
COMMODITY MCX
DAILY REPORT
29th
APRIL 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA ABOVE 9420 TGTS 9450,9500 SL 9370
SELL DHANIYA BELOW 9320 TGTS 9290,9240 SL 9370
GUARSEED
BUY GUARSEED ABOVE 5485 TGTS 5515,5565 SL 5435
SELL GUARSEED BELOW 5330 TGTS 5300,5250 SL 5380
NCDEX
NCDEX INDICES
Index Value % Change
Castor Seed 4099 -0.41
Chana 3122 -0.08
Coriander 9370 +1.70
Cotton Seed Oilcake 1590 +0.89
Jeera 5475 +3.99
Maize– Feed/Industrial
Grade
10615 -0.98
Mustard seed 3589 +0.84
Soy Bean 4825 +3.04
Turmeric 7000 -0.06
NCDEX ROUNDUP
Turmeric prices rose 0.62% to Rs 7,190 per quintal in fu-
tures market yesterday as speculators enlarged positions on
pick-up in export demand in the spot market. At the NCDEX,
turmeric for delivery in June rose by Rs 44, or 0.62%, to Rs
7,190 per quintal with an open interest of 5,140 lots. Simi-
larly, the spice for delivery in May traded higher by Rs 40, or
0.57%, to Rs 7,044 per quintal in 9,815 lots. The rise in tur-
meric futures to pick-up in export demand in the spot mar-
kets against restricted supply from producing regions.
Crude palm oil prices rose by 0.85% to Rs 569.40 per 10 kg
in futures trade yesterday as speculators enlarged positions,
driven by rising demand in the spot market against tight
supply. At the MCX, crude palm oil for delivery in May
moved up by Rs 4.80, or 0.85%, to Rs 569.40 per 10 kg in a
business turnover of 317 lots. Likewise, the oil for delivery
in April traded higher by Rs 3.10, or 0.55%, to Rs 571.20 per
10 kg in 51 lots. Speculators enlarged positions on the back
of rising spot market demand against tight supply from pro-
ducing areas which helped crude palm oil prices to trade
higher at futures trade.
Chana futures recovered from lower levels in the last hour
of trading due to heavy buying by government agencies in
major producing states along with strong offtake by millers.
The NCDEX futures settled flat in yesterday's trading. The
NCDEX futures settled flat at Rs 3122 per quintal today after
hitting the intraday low of Rs 3090 per quintal. The NCDEX
futures pared 1.1% in open interest indicating short cover-
ing by traders.
DAILY REPORT
29th
APRIL 2014
YOUR MINTVISORY Call us at +91-731-6642300
EUR/INR
BUY EUR/INR ABOVE 84.69 TGTS 84.83, 84.98 SL 84.44.
SELL EUR/INR BELOW 84.18 TGTS 84.04,83.89 SL 84.43.
JPY/INR
SELL JPY/INR BELOW 59.52 TGTS 59.38,59.23 SL 59.77.
BUY JPY/INR ABOVE 60.01 TGTS 60.15,60.30 SL 59.76.
CURRENCY ROUNDUP
The euro traded at multi-week highs against the yen early
on Tuesday and held firm against the dollar following a sur-
prisingly strong performance overnight as expectations for
additional stimulus from the European Central Bank waned.
Prices on long-term U.S. Treasuries fell on Monday with in-
vestors feeling comfortable embracing riskier assets as up-
beat U.S. housing numbers strengthened the view that the
world's largest economy was steadily recovering.
The Reserve Bank of India said on Monday it accepted all 57
bids for 216.44 billion rupees at its one-day repo auction,
through which it injects liquidity into the banking system.
Indian banks' refinancing with RBI falls to 463.55 billion ru-
pees. Indian banks' cash balances with RBI rise to 3.28 tril-
lion rupees.
The rupee ended little changed on Monday, retreating from
a one-week high hit earlier in the session as domestic shares
fell for a second consecutive session and as caution pre-
vailed ahead of the Federal Reserve's meeting this week.
Flows were dominated by large month-end dollar demand
from oil companies, although that was offset by strong sell-
ing of the U.S. currency by a large engineering firm earlier in
the day. Trading in the rupee is expected to remain range-
bound with investors monitoring global factors such as ten-
sions in Ukraine, as well as foreign flows into domestic mar-
kets, all while the outcome of elections looming next
month.
The partially convertible rupee closed at 60.6450/65 per
dollar compared with 60.60/61 on Friday, after hitting a one
-week high of 60.43 earlier in the session, a level last seen
on April 21. A second consecutive daily fall in domestic
shares sapped some of the momentum in the rupee, with
investors also focused on the outcome of the Fed's two-day
meeting ending on Wednesday, as a deeply divided Fed
struggles to lay the groundwork for more difficult decisions
ahead. In the offshore non-deliverable forwards, the one-
month contract was at 60.94/61.04 while the three-month
was at 61.75/85.
CURRENCY
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 60.5041 Yen-100 59.1700
Euro 83.6210 GBP 101.6892
DAILY REPORT
29th
APRIL 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
28/04/14 NCDEX GUARSEED MAY BUY 5280 5310-5360 5230 BOOKED FULL PROFIT
28/04/14 NCDEX GUARSEED MAY SELL 5220 5190-5140 5270 NOT EXECUTED
28/04/14 NCDEX DHANIYA MAY BUY 9275 9305-9355 9225 BOOKED FULL PROFIT
28/04/14 NCDEX DHANIYA MAY SELL 9180 9150-9100 9230 NOT EXECUTED
28/04/14 GBP/INR APR. BUY 102.48 102.62-102.77 102.23 NOT EXECUTED
28/04/14 GBP/INR APR. SELL 101.85 101.71-101.55 102.10 BOOKED FULL PROFIT
28/04/14 EUR/INR APR. SELL 83.79 83.65-83.50 84.04 BOOKED PROFIT
28/04/14 EUR/INR APR. BUY 84.52 84.66-84.81 84.27 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
25/04/14 NIFTY FUTURE BUY
6820-
6840
6890-6920 6780 CALL OPEN
25/04/14 BANKBARODA FUTURE BUY 800-805 825-840 785 BOOKED PROFIT
25/04/14 ICICIBANK FUTURE BUY
1290-
1300
1325-1350 1265 CALL OPEN
25/04/14 BANK OF INDIA CASH BUY 230-232 238-244 225 BOOKED PROFIT
23/04/14 NIFTY FUTURE BUY
6800-
6820
6860-6890 6770 CALL OPEN
23/04/14 APOLLO TYRE FUTURE SELL 170-172 168-165 175 BOOKED PROFIT
22/04/14 LIBERTYSHOES CASH BUY 180-185 192-198 176 SL TRIGGERED
16/04/14 TCS FUTURE BUY
2200-
2240
2280-2300 2160 CALL OPEN
15/04/14 INDUSIND BANK FUTURE SELL 500-495 480-460 520 CALL OPEN
DAILY REPORT
29th
APRIL 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors
of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The
information contained herein is based on analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making invest-
ment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular invest-
ments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the
information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future
price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex-
pressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of
this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We
are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be
an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or
SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
Disclaimer
TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS
MONDAY, APRIL 28
10 AM PENDING HOME SALES MARCH -- -0.8%
TUESDAY, APRIL 29
9 AM CASE-SHILLER HOME PRICES FEB. -- 13.2% Y-O-Y
10 AM CONSUMER CONFIDENCE INDEX APRIL 83.0 82.3
10 AM RENTAL VACANCY RATE Q1 -- 8.2%
WEDNESDAY, APRIL 30
8:15 AM ADP EMPLOYMENT APRIL -- 191,000
8:30 AM GDP 1Q 1.0% 2.6%
8:30 AM EMPLOYMENT COST INDEX 1Q 0.5% 0.5%
9;45 AM CHICAGO PMI APRIL 56.5 55.9
2 PM FOMC STATEMENT
THURSDAY, MAY 01
8:30 AM JOBLESS CLAIMS 4/26 N/A N/A
8:30 AM PERSONAL INCOME MARCH 0.4% 0.3%
8:30 AM CONSUMER SPENDING MARCH 0.5% 0.3%
9:45 AM MARKIT PMI APRIL -- N/A
10 AM ISM APRIL 54.0% 53.7%
10 AM CONSTRUCTION SPENDING MARCH 0.7% 0.1%
TBA MOTOR VEHICLE SALES APRIL 16.2 MLN 16.3 MLN
FRIDAY, MAY 02
8:30 AM NONFARM PAYROLLS APRIL 210,000 192,000
8:30 AM UNEMPLOYMENT RATE APRIL 6.6% 6.7%
10 AM FACTORY ORDERS MARCH 1.5% 1.6%

More Related Content

Recently uploaded

NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
Entrepreneurship lessons in Philippines
Entrepreneurship lessons in  PhilippinesEntrepreneurship lessons in  Philippines
Entrepreneurship lessons in PhilippinesDavidSamuel525586
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
PB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal BrandPB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal BrandSharisaBethune
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 

Recently uploaded (20)

Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
Entrepreneurship lessons in Philippines
Entrepreneurship lessons in  PhilippinesEntrepreneurship lessons in  Philippines
Entrepreneurship lessons in Philippines
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
PB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal BrandPB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal Brand
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 

Featured

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

Featured (20)

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

Stock market special report by epic research 29th april 2014

  • 1. DAILY REPORT 29th APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance European stocks ended slightly higher on Monday as merger and acquisition moves in pharmaceuticals and strong results from Germany's Bayer outweighed anxiety over new Western sanctions against Russia. The pan- European FTSEurofirst 300 index, which has struggled to make much headway after hitting a near six-year high ear- lier this month, closed 0.3% higher at 1,336.30 pts. The euro zone Euro STOXX 50 rose 0.6% to 3,165.84 points. Asian share markets crept cautiously higher on Tuesday after Wall Street notched up a late rally. Wall Street Update The S&P 500 ended higher on Monday after a volatile ses- sion, as gains in Apple and Pfizer helped offset another round of selling in some high-growth tech shares. The Dow also managed to end the session with a modest gain, while the Nasdaq closed slightly lower after rebound- ing from a fall of over 1 percent. Leading the Nasdaq down was Amazon.com , which extended Friday's sharp drop a day after its earnings report.The Dow Jones industrial aver- age rose 87.28 points or 0.53 percent, to end at 16,448.74. The S&P 500 gained 6.03 points or 0.32 percent, to 1,869.43. The Nasdaq Composite dropped 1.161 points or 0.03 percent, to 4,074.401. Previous day Roundup Markets ended lower, amid a range bound trading session on Monday, tracking weakness among Asian peers. Fur- ther, uncertainty of the election outcome despite opinion polls indicating victory for the BJP-led NDA government weighed on market sentiment. The 30-share Sensex ended down 56 points at 22,632 and the 50-share Nifty ended down 22 points at 6,761. Market breadth was positive with 1,448 gainers and 1,339 losers on the BSE. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 5.37pts], Capital Goods [down 127.47pts], PSU [down 0.95pts], FMCG [down 28.47 pts], Realty [up 8.46pts], Power [up 0.59pts], Auto [down 132.47pts], Healthcare [up 175.23pts], IT [up 5.79pts], Metals [down 55.79pts], TECK [up 4.60pts], Oil& Gas [down 23.83pts]. World Indices Index Value % Change D J l 16,448.74 +0.53 S&P 500 1869.43 +0.32 NASDAQ 4074.40 -0.03 EURO STO 3,165.84 +0.59 FTSE 100 6,700.16 +0.22 Nikkei 225 14,288.23 -0.98 Hong Kong 22,121.11 -0.05 Top Gainers Company CMP Change % Chg CIPLA 407.65 13.40 +3.40 SUNPHARMA 636.85 14.85 +2.39 WIPRO 530.50 11.25 +2.17 DRREDDY 2680.00 50.75 +1.93 KOTAKBANK 823.40 14.90 +1.84 Top Losers Company CMP Change % Chg AMBUJACEM 200.15 8.90 -4.26 ASIANPAINT 500.00 14.95 -2.90 BHEL 186.5 4.70 -2.46 GAIL 371.60 8.05 -2.12 HCLTECH 1420.45 28.95 -2.00 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg ADVANTA 193.10 32.15 +19.98 AUROPHARMA 587.20 7.95 +1.37 AXISBANK 1535.00 2.30 +0.15 BANKBARODA 820.00 10.70 +1.32 HAVELLS 955.00 35.40 +3.85 Indian Indices Company CMP Change % Chg NIFTY 6,761.25 -21.50 -0.32 SENSEX 22,631.61 -56.46 -0.25 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg
  • 2. DAILY REPORT 29th APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. ALLAHBAD BANK [FUTURE] BUY ALLAHABAD BANK F ABOVE 104 TGT 107-110 SL 100 2. ASIAN PAINT [FUTURE] SELL ASIAN PAINTS F BELOW 500 TGT 490-475 SL 512 EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] BATA INDIA BUY BATA INDIA ABOVE 1115 TGT 1130-1150 SL 1090 MACRO NEWS Net profit of HUL jumped 10.77% to Rs 872cr. in the quar- ter ended March 31, 2014 from Rs 787.2cr. in the year ago period. During the period, net sales grew 9.7% at Rs 7,094cr. compared to Rs 6466 cr. on a yearly basis. India is likely to clock a GDP growth of 5.5 per cent during the current financial year provided there is normal mon- soon and stable government at the centre. Bajaj Corp reported 22.05% decline in standalone net profit at Rs 38.31 crore for the fourth quarter ended March 31, 2013-14. It had reported net profit of Rs 49.15 crore in the January-March quarter of 2012-13 fiscal. UPL reported a robust 28% year-on-year growth in ad- justed consolidated net profit at Rs 405 crore for the fourth quarter ended March 31, 2014 (Q4FY2014), mainly due to higher operational income and lower employee costs. The agrochemicals maker had reported profit of Rs 317 crore in the year-ago quarter. Department of industrial policy and promotion does not agree to hike FII limit for HDFC Bank's proposal. India may not impose anti-dumping duty on solar power gear imports.
  • 3. DAILY REPORT 29th APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 FUTURE & OPTION MOST ACTIVE PUT OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts ) Open Interest NIFTY PE 6,500 111.4 54,400 29,48,250 NIFTY PE 6,800 227 46,709 24,71,650 NIFTY PE 6,400 86.6 35,890 17,88,900 BANKNIFTY PE 12,000 210 4,418 1,71,775 MCDOWELL-N PE 2,800 30.9 1,780 5,50,125 LT PE 1,280 39.25 888 2,13,000 UPL PE 240 3.95 888 4,66,000 IDFC PE 110 3.25 855 10,10,000 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,200 93.45 56,035 17,83,950 NIFTY CE 7,000 163 44,372 32,72,550 NIFTY CE 7,500 37.75 44,088 18,05,300 BANKNIFTY CE 14,000 307 8,197 1,45,575 UPL CE 270 19.15 2,554 2,64,000 SBIN CE 2,100 119.1 2,532 1,45,250 IDFC CE 120 4.5 2,298 19,00,000 AUROPHARMA CE 600 27 1,773 4,73,000 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 28141 953.41 35132 1191.35 279973 9513.23 -237.94 INDEX OPTIONS 148700 4992.39 132313 4452.49 1165392 39347.74 539.90 STOCK FUTURES 82183 2646.64 85681 2749.45 1212951 37987.33 -102.80 STOCK OPTIONS 25402 834.81 23278 762.70 32627 1016.98 72.11 TOTAL 271.27 INDICES R2 R1 PIVOT S1 S2 NIFTY 6,801.88 6,781.57 6,765.93 6,745.62 6,729.98 BANK NIFTY 12853.5 12967.5 13041.8 13155.8 13230 STOCKS IN NEWS Britain's AstraZeneca rejects Pfizer talks. India to see a big rise in power demand this year AuroPharma lands in patent litigation cases in USA ITC forays into e-commerce business with Wills Life- style, plans exclusive outlets for fashion sub-brands Anil Ambani along with Singapore-based wine investor Ravi Vishwanathan to buy 30% stake in Sula for Rs 200 crore NIFTY FUTURE SELL NIFTY BELOW 6790 TGT 6765-6715 SL 6835
  • 4. DAILY REPORT 29th APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER ABOVE 42750 TGT 43000,43350 SL BELOW 42450 SELL SILVER BELOW 42250 TGT 42000,41650 SL ABOVE 42550 GOLD TRADING STRATEGY: BUY GOLD ABOVE 29100 TGT 29180,29280 SL BELOW 29000 SELL GOLD BELOW 28800 TGT 29720,29620 SL BELOW 28900 COMMODITY ROUNDUP MCX Crude oil futures are trading with steady gains follow- ing the rise in WIT Crude futures yesterday. The global prices witnessed some gains today following the modera- tion in last week. Worries between Russia and Ukraine firmed up the sentiments and the WTI Crude quotes at $101.08, up 47 cents per barrel on the day. MCX Crude trades at Rs 6146 per barrel, up Rs 15 per barrel on the day. The open interest is up 13.40% on the day. Global economic backdrop also remains supportive for oil prices. US Con- sumer sentiment in April surged to its best level in nine months, according to the latest Thomson Reuters/ University of Michigan survey, coming in at 84.1 compared to 80.0 in March and 73.2 in October 2013. The latest read- ing is slightly below the post-financial crisis high, reached in July 2013, indicating that the mood among consumers re- mains buoyant. WTI Crude oil continued to ease last week as higher US supplies took a toll on sentiments. EIA noted during the week that crude supplies totaled 397.7 million barrels for the week ended April 18. This was the largest weekly total for commercial crude inventories since at least late August of 1982. Gold recovered from its two month low on Ukraine worries. Copper is trading in a non volatile manner after the rally last week that was driven by the reports of buying of metal by China State Reserves Bureau. The reports from China sug- gested that the State Reserves Bureau (SRB), had purchased at least 200000 tons of imported copper kept in reserve in bonded warehouses in China. COMEX Copper was seen trading at $ 3.129 per pound, down 0.05 cents. MCX Copper was trading at Rs 419.15 per kg, down Rs 0.35. The prices have tested a intraday high of Rs 422.2 per kg, and a low of Rs 416.8 per kg. Gold futures eased from the high on profit sales amid recov- ery in the stock markets. The COMEX gold for June delivery rose to a session high of $1,306.50 a troy ounce and cur- rently quotes at $1,299.80, down $1 a troy ounce. Silver July quotes at $19.620 a troy ounce, down $0.098 a troy ounce from last close. Local gold traded with mixed note due to the volatility in the international gold futures and local currencies. The Indian rupee traded off the low of Rs 60.41 per one dollar and quotes currently at Rs 60.635, up Rs 0.035 from last close. MCX Gold June delivery quotes at Rs 28,940, up Rs 35 per 10 grams from last close. Mean- while, Silver May delivery quotes at Rs 42,494, down Rs 125 per 1 kg from last close. COMMODITY MCX
  • 5. DAILY REPORT 29th APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA ABOVE 9420 TGTS 9450,9500 SL 9370 SELL DHANIYA BELOW 9320 TGTS 9290,9240 SL 9370 GUARSEED BUY GUARSEED ABOVE 5485 TGTS 5515,5565 SL 5435 SELL GUARSEED BELOW 5330 TGTS 5300,5250 SL 5380 NCDEX NCDEX INDICES Index Value % Change Castor Seed 4099 -0.41 Chana 3122 -0.08 Coriander 9370 +1.70 Cotton Seed Oilcake 1590 +0.89 Jeera 5475 +3.99 Maize– Feed/Industrial Grade 10615 -0.98 Mustard seed 3589 +0.84 Soy Bean 4825 +3.04 Turmeric 7000 -0.06 NCDEX ROUNDUP Turmeric prices rose 0.62% to Rs 7,190 per quintal in fu- tures market yesterday as speculators enlarged positions on pick-up in export demand in the spot market. At the NCDEX, turmeric for delivery in June rose by Rs 44, or 0.62%, to Rs 7,190 per quintal with an open interest of 5,140 lots. Simi- larly, the spice for delivery in May traded higher by Rs 40, or 0.57%, to Rs 7,044 per quintal in 9,815 lots. The rise in tur- meric futures to pick-up in export demand in the spot mar- kets against restricted supply from producing regions. Crude palm oil prices rose by 0.85% to Rs 569.40 per 10 kg in futures trade yesterday as speculators enlarged positions, driven by rising demand in the spot market against tight supply. At the MCX, crude palm oil for delivery in May moved up by Rs 4.80, or 0.85%, to Rs 569.40 per 10 kg in a business turnover of 317 lots. Likewise, the oil for delivery in April traded higher by Rs 3.10, or 0.55%, to Rs 571.20 per 10 kg in 51 lots. Speculators enlarged positions on the back of rising spot market demand against tight supply from pro- ducing areas which helped crude palm oil prices to trade higher at futures trade. Chana futures recovered from lower levels in the last hour of trading due to heavy buying by government agencies in major producing states along with strong offtake by millers. The NCDEX futures settled flat in yesterday's trading. The NCDEX futures settled flat at Rs 3122 per quintal today after hitting the intraday low of Rs 3090 per quintal. The NCDEX futures pared 1.1% in open interest indicating short cover- ing by traders.
  • 6. DAILY REPORT 29th APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 EUR/INR BUY EUR/INR ABOVE 84.69 TGTS 84.83, 84.98 SL 84.44. SELL EUR/INR BELOW 84.18 TGTS 84.04,83.89 SL 84.43. JPY/INR SELL JPY/INR BELOW 59.52 TGTS 59.38,59.23 SL 59.77. BUY JPY/INR ABOVE 60.01 TGTS 60.15,60.30 SL 59.76. CURRENCY ROUNDUP The euro traded at multi-week highs against the yen early on Tuesday and held firm against the dollar following a sur- prisingly strong performance overnight as expectations for additional stimulus from the European Central Bank waned. Prices on long-term U.S. Treasuries fell on Monday with in- vestors feeling comfortable embracing riskier assets as up- beat U.S. housing numbers strengthened the view that the world's largest economy was steadily recovering. The Reserve Bank of India said on Monday it accepted all 57 bids for 216.44 billion rupees at its one-day repo auction, through which it injects liquidity into the banking system. Indian banks' refinancing with RBI falls to 463.55 billion ru- pees. Indian banks' cash balances with RBI rise to 3.28 tril- lion rupees. The rupee ended little changed on Monday, retreating from a one-week high hit earlier in the session as domestic shares fell for a second consecutive session and as caution pre- vailed ahead of the Federal Reserve's meeting this week. Flows were dominated by large month-end dollar demand from oil companies, although that was offset by strong sell- ing of the U.S. currency by a large engineering firm earlier in the day. Trading in the rupee is expected to remain range- bound with investors monitoring global factors such as ten- sions in Ukraine, as well as foreign flows into domestic mar- kets, all while the outcome of elections looming next month. The partially convertible rupee closed at 60.6450/65 per dollar compared with 60.60/61 on Friday, after hitting a one -week high of 60.43 earlier in the session, a level last seen on April 21. A second consecutive daily fall in domestic shares sapped some of the momentum in the rupee, with investors also focused on the outcome of the Fed's two-day meeting ending on Wednesday, as a deeply divided Fed struggles to lay the groundwork for more difficult decisions ahead. In the offshore non-deliverable forwards, the one- month contract was at 60.94/61.04 while the three-month was at 61.75/85. CURRENCY RBI Reference Rate Currency Rate Currency Rate Rupee- $ 60.5041 Yen-100 59.1700 Euro 83.6210 GBP 101.6892
  • 7. DAILY REPORT 29th APRIL 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 28/04/14 NCDEX GUARSEED MAY BUY 5280 5310-5360 5230 BOOKED FULL PROFIT 28/04/14 NCDEX GUARSEED MAY SELL 5220 5190-5140 5270 NOT EXECUTED 28/04/14 NCDEX DHANIYA MAY BUY 9275 9305-9355 9225 BOOKED FULL PROFIT 28/04/14 NCDEX DHANIYA MAY SELL 9180 9150-9100 9230 NOT EXECUTED 28/04/14 GBP/INR APR. BUY 102.48 102.62-102.77 102.23 NOT EXECUTED 28/04/14 GBP/INR APR. SELL 101.85 101.71-101.55 102.10 BOOKED FULL PROFIT 28/04/14 EUR/INR APR. SELL 83.79 83.65-83.50 84.04 BOOKED PROFIT 28/04/14 EUR/INR APR. BUY 84.52 84.66-84.81 84.27 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 25/04/14 NIFTY FUTURE BUY 6820- 6840 6890-6920 6780 CALL OPEN 25/04/14 BANKBARODA FUTURE BUY 800-805 825-840 785 BOOKED PROFIT 25/04/14 ICICIBANK FUTURE BUY 1290- 1300 1325-1350 1265 CALL OPEN 25/04/14 BANK OF INDIA CASH BUY 230-232 238-244 225 BOOKED PROFIT 23/04/14 NIFTY FUTURE BUY 6800- 6820 6860-6890 6770 CALL OPEN 23/04/14 APOLLO TYRE FUTURE SELL 170-172 168-165 175 BOOKED PROFIT 22/04/14 LIBERTYSHOES CASH BUY 180-185 192-198 176 SL TRIGGERED 16/04/14 TCS FUTURE BUY 2200- 2240 2280-2300 2160 CALL OPEN 15/04/14 INDUSIND BANK FUTURE SELL 500-495 480-460 520 CALL OPEN
  • 8. DAILY REPORT 29th APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 NEXT WEEK'S U.S. ECONOMIC REPORTS ECONOMIC CALENDAR The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making invest- ment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular invest- ments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex- pressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Disclaimer TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS MONDAY, APRIL 28 10 AM PENDING HOME SALES MARCH -- -0.8% TUESDAY, APRIL 29 9 AM CASE-SHILLER HOME PRICES FEB. -- 13.2% Y-O-Y 10 AM CONSUMER CONFIDENCE INDEX APRIL 83.0 82.3 10 AM RENTAL VACANCY RATE Q1 -- 8.2% WEDNESDAY, APRIL 30 8:15 AM ADP EMPLOYMENT APRIL -- 191,000 8:30 AM GDP 1Q 1.0% 2.6% 8:30 AM EMPLOYMENT COST INDEX 1Q 0.5% 0.5% 9;45 AM CHICAGO PMI APRIL 56.5 55.9 2 PM FOMC STATEMENT THURSDAY, MAY 01 8:30 AM JOBLESS CLAIMS 4/26 N/A N/A 8:30 AM PERSONAL INCOME MARCH 0.4% 0.3% 8:30 AM CONSUMER SPENDING MARCH 0.5% 0.3% 9:45 AM MARKIT PMI APRIL -- N/A 10 AM ISM APRIL 54.0% 53.7% 10 AM CONSTRUCTION SPENDING MARCH 0.7% 0.1% TBA MOTOR VEHICLE SALES APRIL 16.2 MLN 16.3 MLN FRIDAY, MAY 02 8:30 AM NONFARM PAYROLLS APRIL 210,000 192,000 8:30 AM UNEMPLOYMENT RATE APRIL 6.6% 6.7% 10 AM FACTORY ORDERS MARCH 1.5% 1.6%