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DAILY REPORT
19
th
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
European stocks surged after the Swiss National Bank de-
cided to introduce negative interest rate to contain the de-
mand for the currency and reaffirmed that it will defend
the currency ceiling at an unscheduled meeting today.
European stocks surged on Thursday too, with the market
supported by a rise in Greek shares after the leader of the
main opposition party said he was committed to keeping
Greece in the euro should his leftist party take power next
year. The FTSEurofirst 300 index of top European shares
closed up 3 percent at 1,356.23 points, its biggest percent-
age rise since November 2011, extending gains after Greek
stocks reversed an early fall.
Asian equities put up an upbeat performance on the final
trading day of the week, following an inspiring US lead
overnight.
Wall Street Update
U.S. stocks rallied on Thursday, with the Dow industrials
climbing more than 400 points for the first time in three
years, as investors applauded the Federal Reserve's pledge
that it would be patient in increasing interest rates. The
CBOE Volatility Index, a measure of investor uncertainty,
fell nearly 14 percent to 16.81.
The Dow Jones Industrial Average rose 421.28 points, or
2.4 percent, to 17,778.15, with Microsoft and International
Business Machines leading blue-chip gains that included all
30 components. The S&P 500 advanced 48.34 points, or 2.4
percent, to 2,061.23, with technology leading gains and all
10 of its major sectors rising. The Nasdaq added 104.08
points, or 2.2 percent, to 4,748.40.
Previous day Roundup
The market took home massive gains on Thursday. The
Sensex ended up 416.44 points or 1.6 percent at 27126.57.
The Nifty was up 129.50 points or 1.6 percent at 8159.30.
About 2165 shares have advanced, 695 shares declined,
and 97 shares are unchanged.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up474.10
pts], Capital Goods [up 410.29pts], PSU [up 183.48pts],
FMCG [up 90.04pts], Realty [up 36.40pts], Power [up
63.11pts], Auto [up 371.76Pts], Healthcare [up 187.89pts],
IT [up 111.50pts], Metals [up 204.17Pts], TECK [up
71.49pts], Oil& Gas [up 158.98pts].
World Indices
Index Value % Change
D J l 17778.15 +2.43
S&P 500 2061.23 +2.40
NASDAQ 4748.40 +2.24
EURO STO 3153.77 +3.33
FTSE 100 6466.00 +2.04
Nikkei 225 17540.12 +1.92
Hong Kong 23151.33 +1.40
Top Gainers
Company CMP Change % Chg
JINDALSTEL 139.05 10.10 7.83
BHEL 258.60 13.55 5.53
BANKBARODA 1,061.85 51.75 5.12
CAIRN 240.80 11.60 5.06
ICICIBANK 346.80 14.45 4.35
Top Losers
Company CMP Change % Chg
GRASIM 3,328.90 27.05 -0.81
M&M 1,211.20 7.95 -0.65
ULTRACEMCO 2,430.45 8.85 -0.36
HINDUNILVR 763.80 2.55 -0.33
COALINDIA 367.20 0.05 -0.01
Stocks at 52 Week’s High
Symbol Prev. Close Change %Chg
JKTYRE 142.10 23.65 19.97
MASTEK 383.45 63.90 20.00
PNB 226.25 9.05 4.17
Indian Indices
Company CMP Change % Chg
NIFTY 8159.30 +129.50 +1.61
SENSEX 27126.57 +416.44 +1.56
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg
- -
DAILY REPORT
19
th
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. MOTHERSUMI [FUTURE]
MOTHERSUMI FUTURE is looking strong on charts, long
build up has been seen, we may see more upside, if it sus-
tains above 435 levels. We advise buying around 435-438
levels with strict stop loss of 430 for the targets of 442-445.
2. BANKBARODA [FUTURE]
BANK BARODA FUTURE is looking strong on charts, long
build up has been seen, we may see more upside, if it sus-
tains above 1050 levels. We advise buying around 1040-
1050 levels with strict stop loss of 1000 for the targets of
1080-1100 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. JK TYRE LTD.
JK TYRE LTD is looking strong on charts, we may see more
upside, if it sustains above 140 levels. We advise buying
around 138-140 levels with strict stop loss of 132 for the
targets of 144-148 levels.
MACRO NEWS
The Canada Pension Plan Investment Board (CPPIB),
through a subsidiary, made an initial investment of Rs
1,000 crore in L&T IDPL on December 16 by way of sub-
scription to compulsorily convertible preference shares,
said the company in its filing to the exchange.
The government plans to set up a multi-model transport
organization to facilitate faster movement of goods
through rail, water, air and road.
In a major rejig of natural gas allocation policy, the gov-
ernment will give firms selling CNG and piped cooking
gas top-most priority for allocating the scarce domestic
resource. Presently, urea manufacturing fertiliser plants
have the first right over the domestically produced gas,
followed by liquefied petroleum gas (LPG) plants and
power stations.
ICRA sees PSU OMCs FY16 subsidy burden reducing to Rs
280-340 crore.
Maruti Suzuki India Ltd , India's largest carmaker, plans
to raise prices of its cars by 2 to 4 percent from January
due to an increase in input costs.
Supreme Court rejects petition challenging Coal Ordi-
nance.
DAILY REPORT
19
th
DECEMBER 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 8,100 66.6 17,67,654 46,58,925
NIFTY PE 8,000 36 13,81,548 63,85,925
NIFTY PE 8,200 121.4 12,68,275 35,03,000
BANKNIFTY PE 18,000 275 97,235 6,28,150
SBIN PE 300 9.1 3,850 11,85,000
TCS PE 2,350 6.5 3,594 99,500
RELAINCE PE 880 20.1 3,135 2,32,000
DLF PE 140 4.5 2,132 14,88,000
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 8,300 18.7 15,85,587 53,06,125
NIFTY CE 8,200 42.25 15,79,177 42,31,175
NIFTY CE 8,400 8 9,39,318 51,75,575
BANKNIFTY CE 18,500 48.6 96,165 4,35,225
RELAINCE CE 900 5.75 6,010 8,51,500
INFY CE 2,000 13.55 4,916 10,77,000
SBIN CE 320 1.55 4,503 67,18,750
TATASTEEL CE 400 5.75 4,412 6,91,500
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 115299 2601.61 113562 2565.52 869938 19240.15 36.09
INDEX OPTIONS 960876 23294.63 898067 21951.46 3148058 75079.81 1343.17
STOCK FUTURES 168079 4855.63 155531 4544.98 1804277 52205.52 310.65
STOCK OPTIONS 66964 2049.88 68928 2111.60 95588 2843.81 -61.71
TOTAL 1628.20
STOCKS IN NEWS
SBI approves OTS for mining-hit borrowers in Goa.
Jain Irrigation's processed food exports to cross Rs
600 crore
Wildcraft to expand into Middle East, South East Asia
markets
RPP Infra bags Rs 49.54-crore contract from Tamil
Nadu government
Coal India workers threaten 5-day strike, stokes out-
put worries
HC reserves order on Novartis-Cipla drug dispute
NIFTY FUTURE
Nifty Future closed upside in the last trading session. We
advise buying around 8200-8210 with strict stop loss
8150 for the targets of 8250-8300
INDICES R2 R1 PIVOT S1 S2
NIFTY 8,228.90 8,194.10 8,139.50 8,104.70 8,050.10
BANK NIFTY 18,511.03 18,418.82 18,264.08 18,171.87 18,017.13
DAILY REPORT
19
th
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER MAR ABOVE 37300 TGTS 37500,37800 SL BE-
LOW 37000
SELL SILVER MAR BELOW 36350 TGTS 36150,35850 SL
ABOVE 36650
GOLD
TRADING STRATEGY:
BUY GOLD FEB ABOVE 27000 TGTS 27080,27180 SL BE-
LOW 26910
SELL GOLD FEB BELOW 26700 TGTS 26620,26520 SL
ABOVE 26790
COMMODITY ROUNDUP
Silver futures traded 0.27% higher at Rs 36,829 per kg yes-
terday as participants created fresh speculative positions
amid gains in global markets. At the MCX, silver for delivery
in March next year was up by Rs 98, or 0.27%, to Rs 36,829
per kg in a business volume of 538 lots. Also, the white
metal for delivery in far-month May traded higher by Rs 36,
or 0.10%, to Rs 37,428 per kg in one lot. Fresh positions cre-
ated by speculators in tune with gains in bullion in global
markets as investors assessed a decision by US policy mak-
ers to drop a pledge to keep borrowing costs low for a con-
siderable time, mainly influenced silver prices in futures
trade here. Meanwhile, silver increased 0.8% to USD 15.87
an ounce in Singapore yesterday.
Impressive gains emerged in global crude oil prices today as
a massive upside in European stocks boosted sentiments.
Bargain buying supported crude as traders eyed the uptick
in major European bourses following Switzerland’s decision
to introduce negative interest rates to contain demand for
Swiss Franc. Global markets were generally buoyant after
the US Fed pledged last night to remain “patient” in its ap-
proach to raising interest rates. WTI Crude oil is quoting at
$57.70 per barrel, up $1.23 per barrel on the day. However,
the MCX Crude oil futures for January are trading at Rs
3693per barrel, down Rs 37 per barrel on the day.
Copper futures trades on Comex remained pointing to-
wards weakness, as renewed concerns over demand for the
metal from China and rising supplies weighed on the prices.
The metal this month collapsed to five and half year low on
COMEX. When last checked red metal was trying to recover
from days low of $ 2.848 pound, and was at $ 2.879 per
pound. The red metal remains pressured after fall in Chi-
nese home prices indicated slowdown in China raising con-
cerns over the metal's demand from the world's top con-
sumer.
New-home prices fell in November from the previous
month in 67 out of 70 cities tracked by China's statistics bu-
reau. Refined copper production in China, the world's big-
gest market for the metal rose 3.1 percent from the previ-
ous month in November, hitting a record for the fourth
straight month. Domestic prices of Copper shrinked further
and was at Rs 406.4 per kg, down 0.18 percent. The prices
tested a low of Rs 403.1 per kg and still look wary to move
further down.
DAILY REPORT
19
th
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA JAN ABOVE 12920 TGTS 12950,13000 SL
12870
SELL DHANIYA JAN BELOW 12850 TGTS 12820,12770 SL
12900
GUARSGUM
BUY GUARGUM JAN ABOVE 12000 TGTS 12050,12150 SL
11910
SELL GUARGUM JAN BELOW 11900 TGTS 11850,11750 SL
11990
NCDEX
NCDEX ROUNDUP
Guarseed futures gained yesterday with late trades witness-
ing a massive jump after global crude oil prices rose from
their five year lows. The arrivals from the latest harvest are
wearing off though as poor prices are not enthusing farmers
to bring their produce to the mandies. Export demand for
gum also looks poor given the bleak undertone in global
crude oil prices. Only a sustained pick up in oil could benefit
guar from hereon. The today’s session underlined this fact
as the benchmark NCDEX Guarseed futures for January
2015soared in late trades, breaking well above Rs 4400 per
quintal mark. The counter ended at Rs 4470 per quintal up
Rs 136 per quintal or 3.14% on the day. The open interest in
the counter dropped nearly 7%, indicating some short cov-
ering in intraday moves.
Failure of Centre to procure groundnut crop at Minimum
Support Price (MSP) in 2013-14 and delayed onset ofmon-
soon this year in Gujarat, the country's major groundnut
producing state, has brought India's estimated kharif
groundnut output down 24 per cent in 2014-15
Onion prices have jumped since December 1, due to supply
disruption. The latest spells of unseasonal rain have left
farm areas with deep mud in the fields, resulting in farmers
halting the harvesting of mature standing crop. Rising prices
can be attributed to steep decline in arrivals across major
mandis, as the unseasonal rain damaged standing crops and
delayed harvesting of matured ones. There has been no ex-
port demand as well
NCDEX INDICES
Index Value % Change
CASTOR SEED 4733 +0.36
CHANA 3161 +1.12
CORIANDER 12365 -0.96
COTTON SEED 1405 +0.29
GAUR SEED 4431 +3.87
JEERA 13250 +2.59
MUSTARDSEED 4202 +1.47
SOYBEAN 3272 +0.12
SUGAR M GRADE 2576 +3.00
TURMERIC 6672 +0.12
DAILY REPORT
19
th
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
EUR/INR
BUY EURINR DEC ABOVE 78.25 TGT 78.45,78.65 SL 78.05
SELL EURINR DEC BELOW 77.75 TGT 77.55,77.35 SL 77.95
JPY/INR
BUY JPYINR DEC ABOVE 53.50 TGT 53.70,53.90 SL 53.20
BUY JPYINR DEC BELOW 53.20 TGT 53.00 52.80 SL 53.40
CURRENCY MARKET UPDATES:
Indian markets rallied on Thursday, with the rupee posting
its biggest single-day gain in seven months and rebounding
from a 13-month low, after the U.S. Federal Reserve said it
would take a "patient" approach in deciding when to raise
interest rates. Reserve Bank of India Governor Raghuram
Rajan had called the prospect of U.S. rate hikes a risk to
emerging markets given expectations that overseas inves-
tors may pare their bets on higher-yielding debt of countries
such as India.
The Indian Rupee surged as local stocks surged in a broad
based rally, mirroring gains in global equity markets trig-
gered by dovish signals from the US central bank. The ba-
rometer index, the S&P BSE Sensex, reclaimed the psycho-
logical 27,000mark. The Sensex jumped 416.44 points or
1.56% to settle at 27,126.57. All the 12 sectoral indices on
BSE edged higher. The partially convertible rupee was hov-
ering at 63.20,compared with its close of 63.62 against the
US dollar. The partially convertible rupee ended at
63.11/12 per dollar versus its Wednesday's close of
63.6150/6250. It had touched 63.89 in the previous session,
its weakest level since Nov. 13, 2013. On the day, the rupee
gained 0.8 percent, its biggest single-day gain since a similar
rise seen on May 16 when election results gave the
Bharatiya Janata Party a full mandate.
Large dollar-selling by foreign banks on behalf of their over-
seas clients was a key reason helping the rupee and bonds
during the session. The flows will remain a key factor in the
near-term for markets.
The U.S. dollar gained against the currencies of major U.S.
trading partners and the yield on the 10-year note used to
figure mortgage rates and other consumer loans gained 7
basis points to 2.2068 percent. After rising to $58.73 a bar-
rel, West Texas Intermediate turned lower, losing $2.36, or
4.2 percent, to $54.11 a barrel. Gold futures for February
delivery added 30 cents to $1,194.80 an ounce on the New
York Mercantile Exchange.
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 63.3161 Yen-100 53.3900
Euro 78.1067 GBP 98.6781
MCX COMMODITIES & CURRENCY
DAILY REPORT
19
th
DECEMBER 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
18/12/14 MCX GOLD FEB. BUY 27200 27280-27380 27110 SL TRIGGERED
18/12/14 MCX GOLD FEB. SELL 26900 26820-26720 26990
BOOKED FULL
PROFIT
18/12/14 MCX SILVER MAR. BUY 36900 37100-37400 36600 BOOKED PROFIT
18/12/14 MCX SILVER MAR. SELL 36200 36000-35700 36500 NOT EXECUTED
18/12/14 NCDEX GUARGUM JAN BUY 13150 13180-13230 13100 SL TRIGGERED
18/12/14 NCDEX GUARGUM JAN SELL 12970 12940-12890 13020 NOT EXECUTED
18/12/14 NCDEX DHANIYA JAN BUY 11750 11800-11900 11490 NOT EXECUTED
18/12/14 NCDEX DHANIYA JAN SELL 11400 11350-11250 11490 BOOKED PROFIT
18/12/14 EUR/INR DEC. BUY 79.665 79.85-80.05 78.45 NOT EXECUTED
18/12/14 EUR/INR DEC. SELL 79.25 79.85-80.05 79.50 NOT EXECUTED
18/12/14 GBP/INR DEC. BUY 100.5 100.7-100.9 100.30 NOT EXECUTED
18/12/14 GBP/INR DEC. SELL 100.0 99.80-99.60 100.20 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
18/12/14 NIFTY FUTURE SELL 8000-7990 7950-7900 8050 NOT EXECUTED
18/12/14 RECL FUTURE BUY 308-312 316-320 304
BOOKED FULL
PROFIT
18/12/14 ORIENTAL BANK FUTURE BUY 305-308 312-315 300
BOOKED FULL
PROFIT
18/12/14 COMPUTAGE CASH BUY 170-175 180-185 165
BOOKED FULL
PROFIT
17/12/14 HCLTECH FUTURE BUY 1520-1550 1590-1620 1480 CALL OPEN
16/12/14 EVERRON CASH BUY 38-40 42-45 35 CALL OPEN
DAILY REPORT
19
th
DECEMBER 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
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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, DEC. 15
8:30 AM EMPIRE STATE INDEX DEC. 12.5 10.2
9:15 AM INDUSTRIAL PRODUCTION NOV. 0.6% -0.1%
9:15 AM CAPACITY UTILIZATION NOV. 79.3% 78.9%
10 AM HOME BUILDERS' INDEX DEC. 57 58
TUESDAY, DEC. 16
8:30 AM HOUSING STARTS NOV. 1.02 MLN 1.01 MLN
9:45 AM MARKIT FLASH PMI DEC. -- 54.8
WEDNESDAY, DEC. 17
8:30 AM CONSUMER PRICE INDEX NOV. -0.1% 0.0%
8:30 AM CORE CPI NOV. 0.2% 0;2%
8:30 AM CURRENT ACCOUNT 3Q -- -$99 BLN
2 PM FOMC STATEMENT
2:30 PM JANET YELLEN PRESS CONFERENCE
THURSDAY, DEC. 18
8:30 AM WEEKLY JOBLESS CLAIMS DEC. 13 N/A N/A
10 AM PHILLY FED DEC. 28.4 40.8
10 AM LEADING INDICATORS NOV. -- 0.9%
FRIDAY, DEC. 19
NONE SCHEDULED

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Epic research daily special report 19 dec 2014.pdf

  • 1. DAILY REPORT 19 th DECEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance European stocks surged after the Swiss National Bank de- cided to introduce negative interest rate to contain the de- mand for the currency and reaffirmed that it will defend the currency ceiling at an unscheduled meeting today. European stocks surged on Thursday too, with the market supported by a rise in Greek shares after the leader of the main opposition party said he was committed to keeping Greece in the euro should his leftist party take power next year. The FTSEurofirst 300 index of top European shares closed up 3 percent at 1,356.23 points, its biggest percent- age rise since November 2011, extending gains after Greek stocks reversed an early fall. Asian equities put up an upbeat performance on the final trading day of the week, following an inspiring US lead overnight. Wall Street Update U.S. stocks rallied on Thursday, with the Dow industrials climbing more than 400 points for the first time in three years, as investors applauded the Federal Reserve's pledge that it would be patient in increasing interest rates. The CBOE Volatility Index, a measure of investor uncertainty, fell nearly 14 percent to 16.81. The Dow Jones Industrial Average rose 421.28 points, or 2.4 percent, to 17,778.15, with Microsoft and International Business Machines leading blue-chip gains that included all 30 components. The S&P 500 advanced 48.34 points, or 2.4 percent, to 2,061.23, with technology leading gains and all 10 of its major sectors rising. The Nasdaq added 104.08 points, or 2.2 percent, to 4,748.40. Previous day Roundup The market took home massive gains on Thursday. The Sensex ended up 416.44 points or 1.6 percent at 27126.57. The Nifty was up 129.50 points or 1.6 percent at 8159.30. About 2165 shares have advanced, 695 shares declined, and 97 shares are unchanged. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up474.10 pts], Capital Goods [up 410.29pts], PSU [up 183.48pts], FMCG [up 90.04pts], Realty [up 36.40pts], Power [up 63.11pts], Auto [up 371.76Pts], Healthcare [up 187.89pts], IT [up 111.50pts], Metals [up 204.17Pts], TECK [up 71.49pts], Oil& Gas [up 158.98pts]. World Indices Index Value % Change D J l 17778.15 +2.43 S&P 500 2061.23 +2.40 NASDAQ 4748.40 +2.24 EURO STO 3153.77 +3.33 FTSE 100 6466.00 +2.04 Nikkei 225 17540.12 +1.92 Hong Kong 23151.33 +1.40 Top Gainers Company CMP Change % Chg JINDALSTEL 139.05 10.10 7.83 BHEL 258.60 13.55 5.53 BANKBARODA 1,061.85 51.75 5.12 CAIRN 240.80 11.60 5.06 ICICIBANK 346.80 14.45 4.35 Top Losers Company CMP Change % Chg GRASIM 3,328.90 27.05 -0.81 M&M 1,211.20 7.95 -0.65 ULTRACEMCO 2,430.45 8.85 -0.36 HINDUNILVR 763.80 2.55 -0.33 COALINDIA 367.20 0.05 -0.01 Stocks at 52 Week’s High Symbol Prev. Close Change %Chg JKTYRE 142.10 23.65 19.97 MASTEK 383.45 63.90 20.00 PNB 226.25 9.05 4.17 Indian Indices Company CMP Change % Chg NIFTY 8159.30 +129.50 +1.61 SENSEX 27126.57 +416.44 +1.56 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg - -
  • 2. DAILY REPORT 19 th DECEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. MOTHERSUMI [FUTURE] MOTHERSUMI FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sus- tains above 435 levels. We advise buying around 435-438 levels with strict stop loss of 430 for the targets of 442-445. 2. BANKBARODA [FUTURE] BANK BARODA FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sus- tains above 1050 levels. We advise buying around 1040- 1050 levels with strict stop loss of 1000 for the targets of 1080-1100 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. JK TYRE LTD. JK TYRE LTD is looking strong on charts, we may see more upside, if it sustains above 140 levels. We advise buying around 138-140 levels with strict stop loss of 132 for the targets of 144-148 levels. MACRO NEWS The Canada Pension Plan Investment Board (CPPIB), through a subsidiary, made an initial investment of Rs 1,000 crore in L&T IDPL on December 16 by way of sub- scription to compulsorily convertible preference shares, said the company in its filing to the exchange. The government plans to set up a multi-model transport organization to facilitate faster movement of goods through rail, water, air and road. In a major rejig of natural gas allocation policy, the gov- ernment will give firms selling CNG and piped cooking gas top-most priority for allocating the scarce domestic resource. Presently, urea manufacturing fertiliser plants have the first right over the domestically produced gas, followed by liquefied petroleum gas (LPG) plants and power stations. ICRA sees PSU OMCs FY16 subsidy burden reducing to Rs 280-340 crore. Maruti Suzuki India Ltd , India's largest carmaker, plans to raise prices of its cars by 2 to 4 percent from January due to an increase in input costs. Supreme Court rejects petition challenging Coal Ordi- nance.
  • 3. DAILY REPORT 19 th DECEMBER 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 8,100 66.6 17,67,654 46,58,925 NIFTY PE 8,000 36 13,81,548 63,85,925 NIFTY PE 8,200 121.4 12,68,275 35,03,000 BANKNIFTY PE 18,000 275 97,235 6,28,150 SBIN PE 300 9.1 3,850 11,85,000 TCS PE 2,350 6.5 3,594 99,500 RELAINCE PE 880 20.1 3,135 2,32,000 DLF PE 140 4.5 2,132 14,88,000 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 8,300 18.7 15,85,587 53,06,125 NIFTY CE 8,200 42.25 15,79,177 42,31,175 NIFTY CE 8,400 8 9,39,318 51,75,575 BANKNIFTY CE 18,500 48.6 96,165 4,35,225 RELAINCE CE 900 5.75 6,010 8,51,500 INFY CE 2,000 13.55 4,916 10,77,000 SBIN CE 320 1.55 4,503 67,18,750 TATASTEEL CE 400 5.75 4,412 6,91,500 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 115299 2601.61 113562 2565.52 869938 19240.15 36.09 INDEX OPTIONS 960876 23294.63 898067 21951.46 3148058 75079.81 1343.17 STOCK FUTURES 168079 4855.63 155531 4544.98 1804277 52205.52 310.65 STOCK OPTIONS 66964 2049.88 68928 2111.60 95588 2843.81 -61.71 TOTAL 1628.20 STOCKS IN NEWS SBI approves OTS for mining-hit borrowers in Goa. Jain Irrigation's processed food exports to cross Rs 600 crore Wildcraft to expand into Middle East, South East Asia markets RPP Infra bags Rs 49.54-crore contract from Tamil Nadu government Coal India workers threaten 5-day strike, stokes out- put worries HC reserves order on Novartis-Cipla drug dispute NIFTY FUTURE Nifty Future closed upside in the last trading session. We advise buying around 8200-8210 with strict stop loss 8150 for the targets of 8250-8300 INDICES R2 R1 PIVOT S1 S2 NIFTY 8,228.90 8,194.10 8,139.50 8,104.70 8,050.10 BANK NIFTY 18,511.03 18,418.82 18,264.08 18,171.87 18,017.13
  • 4. DAILY REPORT 19 th DECEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 NCDEX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER MAR ABOVE 37300 TGTS 37500,37800 SL BE- LOW 37000 SELL SILVER MAR BELOW 36350 TGTS 36150,35850 SL ABOVE 36650 GOLD TRADING STRATEGY: BUY GOLD FEB ABOVE 27000 TGTS 27080,27180 SL BE- LOW 26910 SELL GOLD FEB BELOW 26700 TGTS 26620,26520 SL ABOVE 26790 COMMODITY ROUNDUP Silver futures traded 0.27% higher at Rs 36,829 per kg yes- terday as participants created fresh speculative positions amid gains in global markets. At the MCX, silver for delivery in March next year was up by Rs 98, or 0.27%, to Rs 36,829 per kg in a business volume of 538 lots. Also, the white metal for delivery in far-month May traded higher by Rs 36, or 0.10%, to Rs 37,428 per kg in one lot. Fresh positions cre- ated by speculators in tune with gains in bullion in global markets as investors assessed a decision by US policy mak- ers to drop a pledge to keep borrowing costs low for a con- siderable time, mainly influenced silver prices in futures trade here. Meanwhile, silver increased 0.8% to USD 15.87 an ounce in Singapore yesterday. Impressive gains emerged in global crude oil prices today as a massive upside in European stocks boosted sentiments. Bargain buying supported crude as traders eyed the uptick in major European bourses following Switzerland’s decision to introduce negative interest rates to contain demand for Swiss Franc. Global markets were generally buoyant after the US Fed pledged last night to remain “patient” in its ap- proach to raising interest rates. WTI Crude oil is quoting at $57.70 per barrel, up $1.23 per barrel on the day. However, the MCX Crude oil futures for January are trading at Rs 3693per barrel, down Rs 37 per barrel on the day. Copper futures trades on Comex remained pointing to- wards weakness, as renewed concerns over demand for the metal from China and rising supplies weighed on the prices. The metal this month collapsed to five and half year low on COMEX. When last checked red metal was trying to recover from days low of $ 2.848 pound, and was at $ 2.879 per pound. The red metal remains pressured after fall in Chi- nese home prices indicated slowdown in China raising con- cerns over the metal's demand from the world's top con- sumer. New-home prices fell in November from the previous month in 67 out of 70 cities tracked by China's statistics bu- reau. Refined copper production in China, the world's big- gest market for the metal rose 3.1 percent from the previ- ous month in November, hitting a record for the fourth straight month. Domestic prices of Copper shrinked further and was at Rs 406.4 per kg, down 0.18 percent. The prices tested a low of Rs 403.1 per kg and still look wary to move further down.
  • 5. DAILY REPORT 19 th DECEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA JAN ABOVE 12920 TGTS 12950,13000 SL 12870 SELL DHANIYA JAN BELOW 12850 TGTS 12820,12770 SL 12900 GUARSGUM BUY GUARGUM JAN ABOVE 12000 TGTS 12050,12150 SL 11910 SELL GUARGUM JAN BELOW 11900 TGTS 11850,11750 SL 11990 NCDEX NCDEX ROUNDUP Guarseed futures gained yesterday with late trades witness- ing a massive jump after global crude oil prices rose from their five year lows. The arrivals from the latest harvest are wearing off though as poor prices are not enthusing farmers to bring their produce to the mandies. Export demand for gum also looks poor given the bleak undertone in global crude oil prices. Only a sustained pick up in oil could benefit guar from hereon. The today’s session underlined this fact as the benchmark NCDEX Guarseed futures for January 2015soared in late trades, breaking well above Rs 4400 per quintal mark. The counter ended at Rs 4470 per quintal up Rs 136 per quintal or 3.14% on the day. The open interest in the counter dropped nearly 7%, indicating some short cov- ering in intraday moves. Failure of Centre to procure groundnut crop at Minimum Support Price (MSP) in 2013-14 and delayed onset ofmon- soon this year in Gujarat, the country's major groundnut producing state, has brought India's estimated kharif groundnut output down 24 per cent in 2014-15 Onion prices have jumped since December 1, due to supply disruption. The latest spells of unseasonal rain have left farm areas with deep mud in the fields, resulting in farmers halting the harvesting of mature standing crop. Rising prices can be attributed to steep decline in arrivals across major mandis, as the unseasonal rain damaged standing crops and delayed harvesting of matured ones. There has been no ex- port demand as well NCDEX INDICES Index Value % Change CASTOR SEED 4733 +0.36 CHANA 3161 +1.12 CORIANDER 12365 -0.96 COTTON SEED 1405 +0.29 GAUR SEED 4431 +3.87 JEERA 13250 +2.59 MUSTARDSEED 4202 +1.47 SOYBEAN 3272 +0.12 SUGAR M GRADE 2576 +3.00 TURMERIC 6672 +0.12
  • 6. DAILY REPORT 19 th DECEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 EUR/INR BUY EURINR DEC ABOVE 78.25 TGT 78.45,78.65 SL 78.05 SELL EURINR DEC BELOW 77.75 TGT 77.55,77.35 SL 77.95 JPY/INR BUY JPYINR DEC ABOVE 53.50 TGT 53.70,53.90 SL 53.20 BUY JPYINR DEC BELOW 53.20 TGT 53.00 52.80 SL 53.40 CURRENCY MARKET UPDATES: Indian markets rallied on Thursday, with the rupee posting its biggest single-day gain in seven months and rebounding from a 13-month low, after the U.S. Federal Reserve said it would take a "patient" approach in deciding when to raise interest rates. Reserve Bank of India Governor Raghuram Rajan had called the prospect of U.S. rate hikes a risk to emerging markets given expectations that overseas inves- tors may pare their bets on higher-yielding debt of countries such as India. The Indian Rupee surged as local stocks surged in a broad based rally, mirroring gains in global equity markets trig- gered by dovish signals from the US central bank. The ba- rometer index, the S&P BSE Sensex, reclaimed the psycho- logical 27,000mark. The Sensex jumped 416.44 points or 1.56% to settle at 27,126.57. All the 12 sectoral indices on BSE edged higher. The partially convertible rupee was hov- ering at 63.20,compared with its close of 63.62 against the US dollar. The partially convertible rupee ended at 63.11/12 per dollar versus its Wednesday's close of 63.6150/6250. It had touched 63.89 in the previous session, its weakest level since Nov. 13, 2013. On the day, the rupee gained 0.8 percent, its biggest single-day gain since a similar rise seen on May 16 when election results gave the Bharatiya Janata Party a full mandate. Large dollar-selling by foreign banks on behalf of their over- seas clients was a key reason helping the rupee and bonds during the session. The flows will remain a key factor in the near-term for markets. The U.S. dollar gained against the currencies of major U.S. trading partners and the yield on the 10-year note used to figure mortgage rates and other consumer loans gained 7 basis points to 2.2068 percent. After rising to $58.73 a bar- rel, West Texas Intermediate turned lower, losing $2.36, or 4.2 percent, to $54.11 a barrel. Gold futures for February delivery added 30 cents to $1,194.80 an ounce on the New York Mercantile Exchange. RBI Reference Rate Currency Rate Currency Rate Rupee- $ 63.3161 Yen-100 53.3900 Euro 78.1067 GBP 98.6781 MCX COMMODITIES & CURRENCY
  • 7. DAILY REPORT 19 th DECEMBER 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 18/12/14 MCX GOLD FEB. BUY 27200 27280-27380 27110 SL TRIGGERED 18/12/14 MCX GOLD FEB. SELL 26900 26820-26720 26990 BOOKED FULL PROFIT 18/12/14 MCX SILVER MAR. BUY 36900 37100-37400 36600 BOOKED PROFIT 18/12/14 MCX SILVER MAR. SELL 36200 36000-35700 36500 NOT EXECUTED 18/12/14 NCDEX GUARGUM JAN BUY 13150 13180-13230 13100 SL TRIGGERED 18/12/14 NCDEX GUARGUM JAN SELL 12970 12940-12890 13020 NOT EXECUTED 18/12/14 NCDEX DHANIYA JAN BUY 11750 11800-11900 11490 NOT EXECUTED 18/12/14 NCDEX DHANIYA JAN SELL 11400 11350-11250 11490 BOOKED PROFIT 18/12/14 EUR/INR DEC. BUY 79.665 79.85-80.05 78.45 NOT EXECUTED 18/12/14 EUR/INR DEC. SELL 79.25 79.85-80.05 79.50 NOT EXECUTED 18/12/14 GBP/INR DEC. BUY 100.5 100.7-100.9 100.30 NOT EXECUTED 18/12/14 GBP/INR DEC. SELL 100.0 99.80-99.60 100.20 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 18/12/14 NIFTY FUTURE SELL 8000-7990 7950-7900 8050 NOT EXECUTED 18/12/14 RECL FUTURE BUY 308-312 316-320 304 BOOKED FULL PROFIT 18/12/14 ORIENTAL BANK FUTURE BUY 305-308 312-315 300 BOOKED FULL PROFIT 18/12/14 COMPUTAGE CASH BUY 170-175 180-185 165 BOOKED FULL PROFIT 17/12/14 HCLTECH FUTURE BUY 1520-1550 1590-1620 1480 CALL OPEN 16/12/14 EVERRON CASH BUY 38-40 42-45 35 CALL OPEN
  • 8. DAILY REPORT 19 th DECEMBER 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, DEC. 15 8:30 AM EMPIRE STATE INDEX DEC. 12.5 10.2 9:15 AM INDUSTRIAL PRODUCTION NOV. 0.6% -0.1% 9:15 AM CAPACITY UTILIZATION NOV. 79.3% 78.9% 10 AM HOME BUILDERS' INDEX DEC. 57 58 TUESDAY, DEC. 16 8:30 AM HOUSING STARTS NOV. 1.02 MLN 1.01 MLN 9:45 AM MARKIT FLASH PMI DEC. -- 54.8 WEDNESDAY, DEC. 17 8:30 AM CONSUMER PRICE INDEX NOV. -0.1% 0.0% 8:30 AM CORE CPI NOV. 0.2% 0;2% 8:30 AM CURRENT ACCOUNT 3Q -- -$99 BLN 2 PM FOMC STATEMENT 2:30 PM JANET YELLEN PRESS CONFERENCE THURSDAY, DEC. 18 8:30 AM WEEKLY JOBLESS CLAIMS DEC. 13 N/A N/A 10 AM PHILLY FED DEC. 28.4 40.8 10 AM LEADING INDICATORS NOV. -- 0.9% FRIDAY, DEC. 19 NONE SCHEDULED