SlideShare a Scribd company logo
1 of 8
Download to read offline
DAILY REPORT
13
th
MAY 2015
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Stock markets in Asia opened lower on Wednesday, track-
ing declines in their global peers, and as traders awaited a
slew of economic data from China. Japan's benchmark Nik-
kei 225 index stumbled early Wednesday, even as data
from the Ministry of Finance showed the country logging its
highest current account surplus in seven years. For March,
the surplus stood at 2.795 trillion yen, marking the ninth
straight month in which the current account balance re-
mained in the black.
European shares fell sharply on Tuesday as a sell-off in
global bond markets led investors to trim their exposure to
risk. The pan-European FTSEurofirst 300 index closed down
1.3 percent at 1,574.61 points and Germany's DAX ended
the day down 1.7 percent.
Wall Street Update
Overnight, Wall Street shares finished mildly lower, clawing
back some of the sharp morning declines as investors
found some relief from a slight recovery in the bond mar-
ket. The Nasdaq Composite settled down 0.4 percent, while
the Dow Jones Industrial Average and S&P 500 shed 0.2
and 0.3 percent, respectively.
Previous day Roundup
Stocks nosedived on Tuesday for the second time in less
than a week, revealing the nervous mood in the market.
The 30-share Sensex crashed 629.82 points or 2.3 percent
at 26877.48 after touching a low of 26837.39 intra-day. The
Nifty shed 198.30 points or 2.38 percent to close at
8126.95. Brokers said local traders were wary of buying at
higher levels as foreign institutional investors do not ap-
pear too bullish at the moment. Yesterday’s sell off was
widespread with every single sectoral index closing in the
red. Worst hit were shares from the capital goods, banking,
oil & gas, power, realty and auto sectors. About 772 shares
advanced, 1943 shares declined, and 147 shares were un-
changed.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [down
152.51pts], Capital Goods [down 508.65pts], PSU [down
179.33pts], FMCG [down 89.61pts], Realty [down
52.90pts], Power [down 64.42pts], Auto [down 344.41pts],
Healthcare [down 115.77pts], IT [down 191.23pts], Metals
[down 302.77pts], TECK [down 110.08pts], Oil& Gas [down
239.64pts].
World Indices
Index Value % Change
D J l 18068.23 -0.20
S&P 500 2099.12 -0.29
NASDAQ 4976.19 -0.35
EURO STO 3573.10 -1.42
FTSE 100 6933.80 -1.37
Nikkei 225 19632.37 +0.04
Hong Kong 27390.72 -0.06
Top Gainers
Company CMP Change % Chg
DRREDDY 3,475.05 115.35 3.43
HEROMOTOCO 2,463.00 78.75 3.30
Top Losers
Company CMP Change % Chg
BANKBARODA 157.00 12.70 -7.48
TATASTEEL 353.00 24.10 -6.39
CAIRN 197.75 12.20 -5.81
VEDL 218.10 12.20 -5.30
BHEL 223.00 11.70 -4.99
ICICIBANK 308.00 15.50 -4.79
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
EICHERMOT 17,211.25 339.65 2.01
GUJRATGAS 839.70 50.15 6.35
JUBLINDS 165.00 12.60 8.27
RELAXO 805.00 -37.30 -4.43
Indian Indices
Company CMP Change % Chg
NIFTY 8126.95 -198.30 -2.38
SENSEX 26877.48 -629.82 -2.29
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ABAN 384.10 -9.10 -2.31
CAIRN 197.75 -12.20 -5.81
PNB 142.40 -6.70 -4.49
PTC 66.00 -2.55 -3.72
UCOBANK 56.80 -5.25 -8.46
DAILY REPORT
13
th
MAY 2015
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH]
1. HDIL (CASH)
HDIL FUTURE is looking weak on charts, we may see more
downside, if it sustains below 110 levels. We advise selling
around 110-112 levels with strict stop loss of 115 for the
targets of 108-105 levels.
MACRO NEWS
India growth story received an impetus on Tuesday
when rating agency Moody's said it will grow at a strong
pace of 7.5% in 2015-16, the highest among G20 econo-
mies, helped by the reforms drive and lower oil prices.
Jubilant Ind arm to transfer hypermarket to Aditya Birla;
stock up 10%
Cars sales grow at fastest pace in 30 months in April
Indian pharma exports may have grown 2.2 per cent to
$15.2 billion in FY15.
Government of India announce the sale of four dated
securities for `16,000 crore on April 17, 2015
Results for the 2 day variable rate reverse repo auction
held on April 13, 2015
Foreign Exchange Turnover Data. RBI to conduct two day
variable rate Reverse Repo Auction under LAF Today for
`10,000 Crore between 4.00 p.m. and 4.30 p.m
Indirect tax collection for April surges to Rs 47,700 cr
CPI eased to 4.87% in April from 5.25% in March follow-
ing a steep reduction in food prices despite fears of a
spike following unseasonal rain. The IIP showed indus-
trial growth slowed to 2.1% in March from 4.8 % in Feb.
STOCK RECOMMENDATIONS [FUTURE]
1. TATA STEEL [FUTURE]
TATA STEEL FUTURE is looking weak on charts, short build up
has been seen, we may see more downside, if it sustains be-
low 360 levels. We advise selling around 355-360 levels with
strict stop loss of 370 for the targets of 335-320 levels.
2. DLF [FUTURE]
DLF FUTURE is looking weak on charts, short build up has
been seen, we may see more downside, if it sustains below
130 levels. We advise selling around 127-129 levels with
strict stop loss of 132 for the targets of 125-122 levels.
DAILY REPORT
13
th
MAY 2015
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 8,000 98 7,88,031 46,06,475
NIFTY PE 8,100 133.45 6,52,894 47,30,250
NIFTY PE 8,200 180.05 6,00,727 35,43,700
BANKNIFTY PE 17,000 200 60,722 4,12,450
BANKBARODA PE 160 8 3,043 6,27,500
UNIONBANK PE 130 2.15 3,016 6,15,000
ASHOKLEY PE 70 2.25 2,972 37,44,000
RELIANCE PE 860 15 2,796 3,42,250
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 8,300 70.8 8,30,192 45,52,925
NIFTY CE 8,400 43 7,68,376 37,91,125
NIFTY CE 8,500 25.2 7,34,356 50,60,050
BANKNIFTY CE 18,500 107 62,549 5,15,150
ASHOKLEY CE 75 2.25 7,380 83,76,000
RELIANCE CE 900 10.7 6,292 12,55,750
UNIONBANK CE 150 4.05 4,864 9,44,000
INFY CE 2,000 28 4,254 5,52,250
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 116759 2675.25 111581 2497.09 419822 9905.62 178.16
INDEX OPTIONS 786758 18099.94 673742 15656.29 3008527 71968.00 2443.65
STOCK FUTURES 153288 4038.08 111377 2825.92 1835563 45861.42 1212.16
STOCK OPTIONS 74046 1915.53 73839 1899.70 88340 2227.05 15.83
TOTAL 3849.80
STOCKS IN NEWS
Dr Reddy's Labs Q4 net up 8%, forex loss of Rs 84.3 cr
hurts
NMDC in pact to set up ultra mega steel plant in CG
Reliance Power Sasan mine allocation cancelled.
Tata Sponge to shut one kiln for 70 days
SAIL to pump Rs 1,50,000 crore by 2025
Aditya Birla suspends Australian copper mine after
worker dies
Natco Pharma mulls hiking foreign institutional inves-
tors limit to 49 per cent, looks to raise funds
NIFTY FUTURE
NIFTY FUTURE fell yesterday and ended below 200 pe-
riod EMA. Short build up has been seen. It seems to be
bearish further. We advise you to sell Nifty around 8110-
8140 for the targets of and 8020– 7900 with strict stop
loss of 8250
INDICES R2 R1 PIVOT S1 S2
NIFTY 8400.9 8263.9 8189.6 8052.6 7978.3
BANK NIFTY 18162 17895 17926 17695 17690
DAILY REPORT
13
th
MAY 2015
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD JUN ABOVE 27280 TGTS 27360,27460 SL BE-
LOW 27190
SELL GOLD JUN BELOW 27090 TGTS 27010,26910 SL ABOVE
27180
SILVER
TRADING STRATEGY:
BUY SILVER JUL ABOVE 38500 TGTS 38400,38700 SL BE-
LOW 37900
SELL SILVER JUL BELOW 37900 TGTS 37700,37400 SL ABOVE
38200
COMMODITY ROUNDUP
Copper prices pushed higher on Tuesday, as investors
looked ahead to key data from China later in the week,
which could provide more evidence of a slowdown in the
world's second largest economy. On the Comex division of
the New York Mercantile Exchange, Copper for July delivery
climbed 2.8 cents, or 0.96%, to trade at $2.931 a pound dur-
ing European morning hours after hitting a daily peak of
$2.934, the most since May 7. On MCX, Copper was trading
at Rs 419.55 per kg, up 1.35 percent. The prices tested a
high of Rs 420.95 per kg and a low of Rs 414.8 per kg.
A day earlier, copper shed 1.7 cents, or 0.6%, to close at
$2.903. Futures were likely to find support at $2.888, the
low from May 8, and resistance at $2.947, the high from
May 6. Market participants looked ahead to a raft of Chi-
nese economic data due on Wednesday for further indica-
tions on the strength of the economy and the future path of
monetary policy.
MCX Crude oil futures jumped towards Rs 3900 per barrel
amid a bounce in global prices as continued geopolitical
worries and a sharp drop in US dollar in world markets sup-
ported sentiments for the commodity. Stocks slipped heav-
ily in Europe but oil remained unfazed and WTI crude oil
futures are trading at $60.34 per barrel right now, up 1.84%
on the day.MCX Crude oil futures are trading at Rs 3882 per
barrel, up 2.50% on the day. The counter hit a high near Rs
3900 per barrel mark.
MCX Natural gas futures are trading at Rs 183.20 per
mmbtu, up 1.33% on the day. Weakness in Indian Rupee
also supported oil. INR is quoting around 64.25 mark- near-
ing its lowest levels in 20 months against the US dollar as
local stocks tumbled more than 2%today. The US dollar ap-
proached 1.1300 mark against the Euro today, easing from
its one week high.
COMEX Gold futures soared sharply and witnessed a radical
upswing in mid European trades. The yellow metal is well
supported as the US dollar eased and global crude oil prices
jumped. Dollar dropped from its one week high against the
Euro and approached its recent low of 1.1300 yet
again. However, market players are still looking at Greece
which is currently locked in negotiations with its interna-
tional creditors over its next slice of financial aid as part of a
€245 billion rescue package.
DAILY REPORT
13
th
MAY 2015
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
RECOMMENDATIONS
DHANIYA
BUY CORIANDER JUNE ABOVE 10680 TARGET 10705 10745
SL BELOW 10655
SELL CORIANDER JUNE BELOW 10420 TARGET 10395 10355
SL ABOVE 10445
GUARSGUM
BUY GUARGUM JUNE ABOVE 11860 TARGET 11910 11970
SL BELOW 11800
SELL GUARGUM JUNE BELOW 11550 TARGET 11500 11440
SL ABOVE 11610
NCDEX ROUNDUP
Spot Jeera stayed supported after soaring above Rs 18000
levels last week to hit its fresh highs. Tight arrivals in major
trading centres have kept Jeera supported this week. Arri-
vals dropped to just 15000 bags in Unjha today. Arrivals nor-
mally surge to around 60000/80000 bags during this time as
harvest season hits peak. Harvesting has been affected on
late rains in Rajasthan and overall output could suffer. Ac-
cording to a latest update from the Agriculture Ministry
there has been an increase in the area under Rabi crop cov-
erage that was affected by unseasonal rainfall and hail-
storms from late February to early April.
Amid pickup in demand in the spot markets, cardamom fu-
tures traded marginally higher at Rs 825 per kg trade yester-
day as participants created positions. Further, tight stock
position in the physical market on restricted supplies from
producing belts supported the upside. At the MCX carda-
mom for delivery in July month traded higher by 90 paise,
or 0.11% to Rs 825 per kg in business turnover of 7 lots. The
June contract edged up by 20 paise, or 0.02% to Rs 843.10
per kg in 79 lots. Speculators built up fresh positions on the
rise in demand in the spot market against tight supplies
from producing belts mainly influenced cardamom price.
Crude palm oil prices were edged higher by 0.11 per cent to
Rs 452 per 10 kg in futures trade yesterday as speculators
indulged in creating positions due to pickup in demand in
the spot market. In futures trading, crude palm oil for deliv-
ery in May month moved up by 50 paise, or 0.11 per cent to
Rs 452 per 10 kg in business turnover of 51 lots at the MCX.
NCDEX INDICES
Index Value % Change
CAETOR SEED 3683 -0.46
CHANA 4564 +0.51
CORIANDER 10205 -0.4
COTTON SEED 1865 -1.32
GUAR SEED 5029 +1.70
JEERA 17575 +1.65
MUSTARDSEED 4050 -0.02
REF. SOY OIL 606.35 +0.17
SUGAR M GRADE 2315 +0.70
TURMERIC 8180 +1.34
DAILY REPORT
13
th
MAY 2015
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 64.2020 Yen-100 53.4300
Euro 71.9127 GBP 100.0331
CURRENCY
USD/INR
BUY USD/INR MAY ABOVE 64.47 TARGET 64.62 64.82 SL
64.27
SELL USD/INR MAY BELOW 64.35 TARGET 64.2 64 SL 64.55
EUR/INR
BUY EUR/INR MAY ABOVE 72.56 TARGET 72.71 72.91 SL
72.36
SELL EUR/INR MAY BELOW 71.92 TARGET 71.77 71.57 SL
72.12
CURRENCY MARKET UPDATES:
The Indian rupee trades weaker at 64.2050/2100 per dollar
versus Monday's close of 63.85/86, amid foreign banks
demand for the greenback and weak local shares.
The benchmark 10-year bond yield is up 7 basis points at
7.96 percent ahead of April retail inflation data due at 5:30
p.m. IST. The benchmark five-year swap rate at 7.21 per-
cent versus 7.16 percent on Monday, while the one-year
rate up 3 bps at 7.57 percent. India's one-day cash rate at
7.20/25 percent versus 8.15/8.20 percent on Monday.
The dollar was broadly lower against a basket of other ma-
jor currencies on Tuesday, amid a renewed selloff in Euro-
pean govt bond and stock markets. The euro was sharply
higher, with EUR/USD advancing 0.97% to 1.1264. The sin-
gle currency was boosted as a fresh selloff in global bond
markets undermined greenback strength. German 10-year
bund yields jumped, narrowing the gap with their U.S.
counterparts.
The Australian and New Zealand dollars were stronger,
with AUD/NZD up 1.12% to 0.7979 and NZD/USD gaining
0.78% to 0.7391. The U.S. dollar index, which measures the
greenback's strength against a trade-weighted basket of six
major currencies, was down 0.77% to 94.38, re-
approaching last week's two-month trough of 93.96.
Snapping a 2-day winning run, Indian rupee trended down
by 30 paise to quote at 64.15 against the US dollar in late-
morning deals following a sharp fall in local equities amid
fresh dollar demand from importers and some banks. A
weak dollar overseas amid renewed capital inflows, how-
ever, restricted the rupee fall to some extent. At the Inter-
bank Forex market, the domestic unit commenced lower at
64.10 a dollar from previous close of 63.85 and moved in a
range of 64.10 and 64.24 before being quoted at 64.15 at
1045 hours, a fall of 30 paise, or 0.47 per cent.
DAILY REPORT
13
th
MAY 2015
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
ST O
PERFORMANCE UPDATES
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
12/05/15 NCDEX DHANIYA MAY BUY 10600 10625-10665 10575 BOOKED PROFIT
12/05/15 NCDEX DHANIYA MAY SELL 10490 10465-10425 10515 BOOKED PROFIT
12/05/15 NCDEX GUARGUM JUNE BUY 11600 11650-11710 11540 BOOKED PROFIT
12/05/15 NCDEX GUARGUM JUNE SELL 11350 11300-11240 11410 BOOKED PROFIT
12/05/15 MCX GOLD JUN BUY 27000 27080-27180 26910 BOOKED FULL PROFIT
12/05/15 MCX GOLD JUN SELL 26770 26690-26600 26870 NOT EXECUTED
12/05/15 MCX SILVER JULY BUY 38200 38400-3870 37900 BOOKED PROFIT
12/05/15 MCX SILVER JULY SELL 37500 37300-37000 37800 NOT EXECUTED
12/05/15 USD/INR MAY BUY 64.21 64.36-64.56 64.01 BOOKED PROFIT
12/05/15 USD/INR MAY SELL 64.01 63.86-63.66 64.21 NOT EXECUTED
12/05/15 EUR/INR MAY BUY 71.66 71.81-72.01 71.46 BOOKED FULL PROFIT
12/05/15 EUR/INR MAY SELL 71.21 71.06-70.86 71.41 BOOKED PROFIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
12/05/15 NIFTY FUTURE BUY 8360 8440-8550 8120 NOT EXECUTED
12/05/15 CANARA BANK FUTURE BUY 358-362 368-374 352 SL TRIGGERED
12/05/15 GLENMARK FUTURE BUY 870-880 895-920 850 CALL OPEN
12/05/15
NUCLEUS SOFT-
WARE
CASH BUY 240-250 255-270 225 BOOKED PROFIT
11/05/15
SHIVAM
AUTOTECH
CASH BUY 110-115 120-125 105 BOOOKED PROFIT
08/05/15 TCS FUTURE BUY 2520-2550 2600-2650 2450 NO PROFIT NO LOSS
DAILY REPORT
13
th
MAY 2015
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 REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, MAY 11
~10 AM LABOR MARKET CONDITIONS INDEX APRIL -- -0.3
TUESDAY, MAY 12
9 AM NFIB SMALL BUSINESS INDEX APRIL -- 95.2
10 AM JOB OPENINGS MARCH -- 5.1 MLN
2 PM FEDERAL BUDGET APRIL -- $107 BLN
WEDNESDAY, MAY 13
8:30 AM RETAIL SALES APRIL 0.0% 0.9%
8:30 AM RETAIL SALES EX-AUTOS APRIL 0.5% 0.4%
8:30 AM IMPORT PRICE INDEX APRIL 0.1% -0.3%
10 AM BUSINESS INVENTORIES MARCH 0.3% 0.3%
THURSDAY, MAY 14
8:30 AM WEEKLY JOBLESS CLAIMS MAY 9 N/A N/A
8:30 AM PRODUCER PRICE INDEX APRIL -0.1% 0.2%
FRIDAY, MAY 15
8:30 AM EMPIRE STATE INDEX MAY 5.0 -1.2
9:15 AM INDUSTRIAL PRODUCTION APRIL -0.3% -0.6%
9:15 AM CAPACITY UTILIZATION APRIL 78.0% 78.4%
10 AM CONSUMER SENTIMENT MAY -- 95.9

More Related Content

Featured

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
Kurio // The Social Media Age(ncy)
 
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellGood Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Saba Software
 

Featured (20)

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
 
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellGood Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
 

Epic research daily special report 13 may 2015

  • 1. DAILY REPORT 13 th MAY 2015 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Stock markets in Asia opened lower on Wednesday, track- ing declines in their global peers, and as traders awaited a slew of economic data from China. Japan's benchmark Nik- kei 225 index stumbled early Wednesday, even as data from the Ministry of Finance showed the country logging its highest current account surplus in seven years. For March, the surplus stood at 2.795 trillion yen, marking the ninth straight month in which the current account balance re- mained in the black. European shares fell sharply on Tuesday as a sell-off in global bond markets led investors to trim their exposure to risk. The pan-European FTSEurofirst 300 index closed down 1.3 percent at 1,574.61 points and Germany's DAX ended the day down 1.7 percent. Wall Street Update Overnight, Wall Street shares finished mildly lower, clawing back some of the sharp morning declines as investors found some relief from a slight recovery in the bond mar- ket. The Nasdaq Composite settled down 0.4 percent, while the Dow Jones Industrial Average and S&P 500 shed 0.2 and 0.3 percent, respectively. Previous day Roundup Stocks nosedived on Tuesday for the second time in less than a week, revealing the nervous mood in the market. The 30-share Sensex crashed 629.82 points or 2.3 percent at 26877.48 after touching a low of 26837.39 intra-day. The Nifty shed 198.30 points or 2.38 percent to close at 8126.95. Brokers said local traders were wary of buying at higher levels as foreign institutional investors do not ap- pear too bullish at the moment. Yesterday’s sell off was widespread with every single sectoral index closing in the red. Worst hit were shares from the capital goods, banking, oil & gas, power, realty and auto sectors. About 772 shares advanced, 1943 shares declined, and 147 shares were un- changed. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down 152.51pts], Capital Goods [down 508.65pts], PSU [down 179.33pts], FMCG [down 89.61pts], Realty [down 52.90pts], Power [down 64.42pts], Auto [down 344.41pts], Healthcare [down 115.77pts], IT [down 191.23pts], Metals [down 302.77pts], TECK [down 110.08pts], Oil& Gas [down 239.64pts]. World Indices Index Value % Change D J l 18068.23 -0.20 S&P 500 2099.12 -0.29 NASDAQ 4976.19 -0.35 EURO STO 3573.10 -1.42 FTSE 100 6933.80 -1.37 Nikkei 225 19632.37 +0.04 Hong Kong 27390.72 -0.06 Top Gainers Company CMP Change % Chg DRREDDY 3,475.05 115.35 3.43 HEROMOTOCO 2,463.00 78.75 3.30 Top Losers Company CMP Change % Chg BANKBARODA 157.00 12.70 -7.48 TATASTEEL 353.00 24.10 -6.39 CAIRN 197.75 12.20 -5.81 VEDL 218.10 12.20 -5.30 BHEL 223.00 11.70 -4.99 ICICIBANK 308.00 15.50 -4.79 Stocks at 52 Week’s HIGH Symbol Prev. Close Change %Chg EICHERMOT 17,211.25 339.65 2.01 GUJRATGAS 839.70 50.15 6.35 JUBLINDS 165.00 12.60 8.27 RELAXO 805.00 -37.30 -4.43 Indian Indices Company CMP Change % Chg NIFTY 8126.95 -198.30 -2.38 SENSEX 26877.48 -629.82 -2.29 Stocks at 52 Week’s LOW Symbol Prev. Close Change %Chg ABAN 384.10 -9.10 -2.31 CAIRN 197.75 -12.20 -5.81 PNB 142.40 -6.70 -4.49 PTC 66.00 -2.55 -3.72 UCOBANK 56.80 -5.25 -8.46
  • 2. DAILY REPORT 13 th MAY 2015 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATION [CASH] 1. HDIL (CASH) HDIL FUTURE is looking weak on charts, we may see more downside, if it sustains below 110 levels. We advise selling around 110-112 levels with strict stop loss of 115 for the targets of 108-105 levels. MACRO NEWS India growth story received an impetus on Tuesday when rating agency Moody's said it will grow at a strong pace of 7.5% in 2015-16, the highest among G20 econo- mies, helped by the reforms drive and lower oil prices. Jubilant Ind arm to transfer hypermarket to Aditya Birla; stock up 10% Cars sales grow at fastest pace in 30 months in April Indian pharma exports may have grown 2.2 per cent to $15.2 billion in FY15. Government of India announce the sale of four dated securities for `16,000 crore on April 17, 2015 Results for the 2 day variable rate reverse repo auction held on April 13, 2015 Foreign Exchange Turnover Data. RBI to conduct two day variable rate Reverse Repo Auction under LAF Today for `10,000 Crore between 4.00 p.m. and 4.30 p.m Indirect tax collection for April surges to Rs 47,700 cr CPI eased to 4.87% in April from 5.25% in March follow- ing a steep reduction in food prices despite fears of a spike following unseasonal rain. The IIP showed indus- trial growth slowed to 2.1% in March from 4.8 % in Feb. STOCK RECOMMENDATIONS [FUTURE] 1. TATA STEEL [FUTURE] TATA STEEL FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains be- low 360 levels. We advise selling around 355-360 levels with strict stop loss of 370 for the targets of 335-320 levels. 2. DLF [FUTURE] DLF FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 130 levels. We advise selling around 127-129 levels with strict stop loss of 132 for the targets of 125-122 levels.
  • 3. DAILY REPORT 13 th MAY 2015 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 8,000 98 7,88,031 46,06,475 NIFTY PE 8,100 133.45 6,52,894 47,30,250 NIFTY PE 8,200 180.05 6,00,727 35,43,700 BANKNIFTY PE 17,000 200 60,722 4,12,450 BANKBARODA PE 160 8 3,043 6,27,500 UNIONBANK PE 130 2.15 3,016 6,15,000 ASHOKLEY PE 70 2.25 2,972 37,44,000 RELIANCE PE 860 15 2,796 3,42,250 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 8,300 70.8 8,30,192 45,52,925 NIFTY CE 8,400 43 7,68,376 37,91,125 NIFTY CE 8,500 25.2 7,34,356 50,60,050 BANKNIFTY CE 18,500 107 62,549 5,15,150 ASHOKLEY CE 75 2.25 7,380 83,76,000 RELIANCE CE 900 10.7 6,292 12,55,750 UNIONBANK CE 150 4.05 4,864 9,44,000 INFY CE 2,000 28 4,254 5,52,250 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 116759 2675.25 111581 2497.09 419822 9905.62 178.16 INDEX OPTIONS 786758 18099.94 673742 15656.29 3008527 71968.00 2443.65 STOCK FUTURES 153288 4038.08 111377 2825.92 1835563 45861.42 1212.16 STOCK OPTIONS 74046 1915.53 73839 1899.70 88340 2227.05 15.83 TOTAL 3849.80 STOCKS IN NEWS Dr Reddy's Labs Q4 net up 8%, forex loss of Rs 84.3 cr hurts NMDC in pact to set up ultra mega steel plant in CG Reliance Power Sasan mine allocation cancelled. Tata Sponge to shut one kiln for 70 days SAIL to pump Rs 1,50,000 crore by 2025 Aditya Birla suspends Australian copper mine after worker dies Natco Pharma mulls hiking foreign institutional inves- tors limit to 49 per cent, looks to raise funds NIFTY FUTURE NIFTY FUTURE fell yesterday and ended below 200 pe- riod EMA. Short build up has been seen. It seems to be bearish further. We advise you to sell Nifty around 8110- 8140 for the targets of and 8020– 7900 with strict stop loss of 8250 INDICES R2 R1 PIVOT S1 S2 NIFTY 8400.9 8263.9 8189.6 8052.6 7978.3 BANK NIFTY 18162 17895 17926 17695 17690
  • 4. DAILY REPORT 13 th MAY 2015 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD JUN ABOVE 27280 TGTS 27360,27460 SL BE- LOW 27190 SELL GOLD JUN BELOW 27090 TGTS 27010,26910 SL ABOVE 27180 SILVER TRADING STRATEGY: BUY SILVER JUL ABOVE 38500 TGTS 38400,38700 SL BE- LOW 37900 SELL SILVER JUL BELOW 37900 TGTS 37700,37400 SL ABOVE 38200 COMMODITY ROUNDUP Copper prices pushed higher on Tuesday, as investors looked ahead to key data from China later in the week, which could provide more evidence of a slowdown in the world's second largest economy. On the Comex division of the New York Mercantile Exchange, Copper for July delivery climbed 2.8 cents, or 0.96%, to trade at $2.931 a pound dur- ing European morning hours after hitting a daily peak of $2.934, the most since May 7. On MCX, Copper was trading at Rs 419.55 per kg, up 1.35 percent. The prices tested a high of Rs 420.95 per kg and a low of Rs 414.8 per kg. A day earlier, copper shed 1.7 cents, or 0.6%, to close at $2.903. Futures were likely to find support at $2.888, the low from May 8, and resistance at $2.947, the high from May 6. Market participants looked ahead to a raft of Chi- nese economic data due on Wednesday for further indica- tions on the strength of the economy and the future path of monetary policy. MCX Crude oil futures jumped towards Rs 3900 per barrel amid a bounce in global prices as continued geopolitical worries and a sharp drop in US dollar in world markets sup- ported sentiments for the commodity. Stocks slipped heav- ily in Europe but oil remained unfazed and WTI crude oil futures are trading at $60.34 per barrel right now, up 1.84% on the day.MCX Crude oil futures are trading at Rs 3882 per barrel, up 2.50% on the day. The counter hit a high near Rs 3900 per barrel mark. MCX Natural gas futures are trading at Rs 183.20 per mmbtu, up 1.33% on the day. Weakness in Indian Rupee also supported oil. INR is quoting around 64.25 mark- near- ing its lowest levels in 20 months against the US dollar as local stocks tumbled more than 2%today. The US dollar ap- proached 1.1300 mark against the Euro today, easing from its one week high. COMEX Gold futures soared sharply and witnessed a radical upswing in mid European trades. The yellow metal is well supported as the US dollar eased and global crude oil prices jumped. Dollar dropped from its one week high against the Euro and approached its recent low of 1.1300 yet again. However, market players are still looking at Greece which is currently locked in negotiations with its interna- tional creditors over its next slice of financial aid as part of a €245 billion rescue package.
  • 5. DAILY REPORT 13 th MAY 2015 YOUR MINTVISORY Call us at +91-731-6642300 NCDEX RECOMMENDATIONS DHANIYA BUY CORIANDER JUNE ABOVE 10680 TARGET 10705 10745 SL BELOW 10655 SELL CORIANDER JUNE BELOW 10420 TARGET 10395 10355 SL ABOVE 10445 GUARSGUM BUY GUARGUM JUNE ABOVE 11860 TARGET 11910 11970 SL BELOW 11800 SELL GUARGUM JUNE BELOW 11550 TARGET 11500 11440 SL ABOVE 11610 NCDEX ROUNDUP Spot Jeera stayed supported after soaring above Rs 18000 levels last week to hit its fresh highs. Tight arrivals in major trading centres have kept Jeera supported this week. Arri- vals dropped to just 15000 bags in Unjha today. Arrivals nor- mally surge to around 60000/80000 bags during this time as harvest season hits peak. Harvesting has been affected on late rains in Rajasthan and overall output could suffer. Ac- cording to a latest update from the Agriculture Ministry there has been an increase in the area under Rabi crop cov- erage that was affected by unseasonal rainfall and hail- storms from late February to early April. Amid pickup in demand in the spot markets, cardamom fu- tures traded marginally higher at Rs 825 per kg trade yester- day as participants created positions. Further, tight stock position in the physical market on restricted supplies from producing belts supported the upside. At the MCX carda- mom for delivery in July month traded higher by 90 paise, or 0.11% to Rs 825 per kg in business turnover of 7 lots. The June contract edged up by 20 paise, or 0.02% to Rs 843.10 per kg in 79 lots. Speculators built up fresh positions on the rise in demand in the spot market against tight supplies from producing belts mainly influenced cardamom price. Crude palm oil prices were edged higher by 0.11 per cent to Rs 452 per 10 kg in futures trade yesterday as speculators indulged in creating positions due to pickup in demand in the spot market. In futures trading, crude palm oil for deliv- ery in May month moved up by 50 paise, or 0.11 per cent to Rs 452 per 10 kg in business turnover of 51 lots at the MCX. NCDEX INDICES Index Value % Change CAETOR SEED 3683 -0.46 CHANA 4564 +0.51 CORIANDER 10205 -0.4 COTTON SEED 1865 -1.32 GUAR SEED 5029 +1.70 JEERA 17575 +1.65 MUSTARDSEED 4050 -0.02 REF. SOY OIL 606.35 +0.17 SUGAR M GRADE 2315 +0.70 TURMERIC 8180 +1.34
  • 6. DAILY REPORT 13 th MAY 2015 YOUR MINTVISORY Call us at +91-731-6642300 RBI Reference Rate Currency Rate Currency Rate Rupee- $ 64.2020 Yen-100 53.4300 Euro 71.9127 GBP 100.0331 CURRENCY USD/INR BUY USD/INR MAY ABOVE 64.47 TARGET 64.62 64.82 SL 64.27 SELL USD/INR MAY BELOW 64.35 TARGET 64.2 64 SL 64.55 EUR/INR BUY EUR/INR MAY ABOVE 72.56 TARGET 72.71 72.91 SL 72.36 SELL EUR/INR MAY BELOW 71.92 TARGET 71.77 71.57 SL 72.12 CURRENCY MARKET UPDATES: The Indian rupee trades weaker at 64.2050/2100 per dollar versus Monday's close of 63.85/86, amid foreign banks demand for the greenback and weak local shares. The benchmark 10-year bond yield is up 7 basis points at 7.96 percent ahead of April retail inflation data due at 5:30 p.m. IST. The benchmark five-year swap rate at 7.21 per- cent versus 7.16 percent on Monday, while the one-year rate up 3 bps at 7.57 percent. India's one-day cash rate at 7.20/25 percent versus 8.15/8.20 percent on Monday. The dollar was broadly lower against a basket of other ma- jor currencies on Tuesday, amid a renewed selloff in Euro- pean govt bond and stock markets. The euro was sharply higher, with EUR/USD advancing 0.97% to 1.1264. The sin- gle currency was boosted as a fresh selloff in global bond markets undermined greenback strength. German 10-year bund yields jumped, narrowing the gap with their U.S. counterparts. The Australian and New Zealand dollars were stronger, with AUD/NZD up 1.12% to 0.7979 and NZD/USD gaining 0.78% to 0.7391. The U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was down 0.77% to 94.38, re- approaching last week's two-month trough of 93.96. Snapping a 2-day winning run, Indian rupee trended down by 30 paise to quote at 64.15 against the US dollar in late- morning deals following a sharp fall in local equities amid fresh dollar demand from importers and some banks. A weak dollar overseas amid renewed capital inflows, how- ever, restricted the rupee fall to some extent. At the Inter- bank Forex market, the domestic unit commenced lower at 64.10 a dollar from previous close of 63.85 and moved in a range of 64.10 and 64.24 before being quoted at 64.15 at 1045 hours, a fall of 30 paise, or 0.47 per cent.
  • 7. DAILY REPORT 13 th MAY 2015 YOUR MINTVISORY Call us at +91-731-6642300 CALL REPORT ST O PERFORMANCE UPDATES Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 12/05/15 NCDEX DHANIYA MAY BUY 10600 10625-10665 10575 BOOKED PROFIT 12/05/15 NCDEX DHANIYA MAY SELL 10490 10465-10425 10515 BOOKED PROFIT 12/05/15 NCDEX GUARGUM JUNE BUY 11600 11650-11710 11540 BOOKED PROFIT 12/05/15 NCDEX GUARGUM JUNE SELL 11350 11300-11240 11410 BOOKED PROFIT 12/05/15 MCX GOLD JUN BUY 27000 27080-27180 26910 BOOKED FULL PROFIT 12/05/15 MCX GOLD JUN SELL 26770 26690-26600 26870 NOT EXECUTED 12/05/15 MCX SILVER JULY BUY 38200 38400-3870 37900 BOOKED PROFIT 12/05/15 MCX SILVER JULY SELL 37500 37300-37000 37800 NOT EXECUTED 12/05/15 USD/INR MAY BUY 64.21 64.36-64.56 64.01 BOOKED PROFIT 12/05/15 USD/INR MAY SELL 64.01 63.86-63.66 64.21 NOT EXECUTED 12/05/15 EUR/INR MAY BUY 71.66 71.81-72.01 71.46 BOOKED FULL PROFIT 12/05/15 EUR/INR MAY SELL 71.21 71.06-70.86 71.41 BOOKED PROFIT Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 12/05/15 NIFTY FUTURE BUY 8360 8440-8550 8120 NOT EXECUTED 12/05/15 CANARA BANK FUTURE BUY 358-362 368-374 352 SL TRIGGERED 12/05/15 GLENMARK FUTURE BUY 870-880 895-920 850 CALL OPEN 12/05/15 NUCLEUS SOFT- WARE CASH BUY 240-250 255-270 225 BOOKED PROFIT 11/05/15 SHIVAM AUTOTECH CASH BUY 110-115 120-125 105 BOOOKED PROFIT 08/05/15 TCS FUTURE BUY 2520-2550 2600-2650 2450 NO PROFIT NO LOSS
  • 8. DAILY REPORT 13 th MAY 2015 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 REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS MONDAY, MAY 11 ~10 AM LABOR MARKET CONDITIONS INDEX APRIL -- -0.3 TUESDAY, MAY 12 9 AM NFIB SMALL BUSINESS INDEX APRIL -- 95.2 10 AM JOB OPENINGS MARCH -- 5.1 MLN 2 PM FEDERAL BUDGET APRIL -- $107 BLN WEDNESDAY, MAY 13 8:30 AM RETAIL SALES APRIL 0.0% 0.9% 8:30 AM RETAIL SALES EX-AUTOS APRIL 0.5% 0.4% 8:30 AM IMPORT PRICE INDEX APRIL 0.1% -0.3% 10 AM BUSINESS INVENTORIES MARCH 0.3% 0.3% THURSDAY, MAY 14 8:30 AM WEEKLY JOBLESS CLAIMS MAY 9 N/A N/A 8:30 AM PRODUCER PRICE INDEX APRIL -0.1% 0.2% FRIDAY, MAY 15 8:30 AM EMPIRE STATE INDEX MAY 5.0 -1.2 9:15 AM INDUSTRIAL PRODUCTION APRIL -0.3% -0.6% 9:15 AM CAPACITY UTILIZATION APRIL 78.0% 78.4% 10 AM CONSUMER SENTIMENT MAY -- 95.9