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1. DAILY REPORT
26
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
European equities jumped to a four-week high on Wednes-
day with banks buoyed by progress on talks towards secur-
ing a debt relief deal for Greece, and energy shares rose on
the back of a rally in oil. The FTSEurofirst 300 and the
STOXX Europe 600 index both touched their highest levels
since late April, climbing 1.3 percent to add to the previous
session's jump of more than 2 percent. Banks rose after
euro zone finance ministers agreed with Greece and the
International Monetary Fund on a deal that will address
Athens' requests for debt relief.
Asia markets opened higher on Thursday, led by advances
in the energy sector, after overnight gains in oil prices
pushed US stocks higher. In Japan, the Nikkei 225 traded up
0.75 percent, while across the Korean Strait, the Kospi was
higher by 0.34 percent. Down Under, the S&P/ASX 200
gave up most of its nearly 0.4 percent gains to trade flat.
Wall Street rose robustly for a second straight session on
Wednesday, helped by higher oil prices and investors be-
coming more comfortable with the prospect of an interest
rate hike as early as next month. Combining Tuesday and
Wednesday's performances, the S&P 500 gained 2 percent,
its strongest two-day run since early March. The energy
sector .SPNY led the way in the latest session, up 1.51 per-
cent as oil prices rose toward $50 a barrel. That followed a
report of a larger-than-expected drop in US crude invento-
ries, adding to expectations that a steep selloff in the com-
modity may be over.
Previous day Roundup
Supported by firm global cues, bulls enjoyed a stellar day at
Dalal Street. The benchmark indices ended at 1-month high
with banks leading it with full might. The Sensex closed up
575.70 points or 2.3 percent at 25881.17, and the Nifty
ended up 186.05 points or 2.4 percent at 7934.90. About
1563 shares have advanced, 970 shares declined, and 182
shares are unchanged. The day belonged to large caps and
result specific stocks, mostly hogging limelight
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
55.17pts], Capital Goods [up 381.39pts], PSU [up
105.01pts], FMCG [up 148.64Pts], Realty [up 21.96 pts],
Power [up 36.86pts], Auto [up 238.26pts], Healthcare [up
pts], IT [up 248.90pts], Metals [up 81.65Pts], TECK [up
132.16pts], Oil& Gas [up 178.72pts].
World Indices
Index Value % Change
DJI 17851.51 +0.82
S&P500 2090.54 +0.70
NASDAQ 4894.89 +0.70
FTSE100 6262.85 +0.70
NIKKEI 16815.43 +0.35
HANG SENG 20292.53 -0.37
Top Gainers
Company CMP Change % Chg
TECHM 530.30 50.05 10.42
INDUSINDBK 1,095.75 52.10 4.99
ICICIBANK 234.80 10.25 4.56
BAJAJ-AUTO 2,484.00 104.6 4.40
BHEL 122.80 5.10 4.33
Top Losers
Company CMP Change % Chg
CIPLA 472.20 -4.42
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
ASIANPAINT 982.05 25.80 2.70
BIOCON 648.05 3.90 0.61
GRASIM 4,320.00 29.65 0.69
HAVELLS 373.00 6.10 1.66
HDFCBANK 1,172.90 32.95 2.89
PIDILITIND 684.20 26.85 4.08
RUSHIL 366.00 1.30 0.36
SHILPI 99.50 4.85 5.12
SRTRANSFIN 1,143.35 -13.20 -1.14
SUPREMEIND 895.00 -5.20 -0.58
TATAMETALI 246.75 11.75 5.00
Indian Indices
Company CMP Change % Chg
NIFTY 7934.90 +186.05 +2.40
SENSEX 25881.17 +575.70 +2.28
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
BANKINDIA 82.80 2.35 2.92
BEML 817.50 -1.85 -0.23
CIPLA 472.20 -21.85 -4.42

2. DAILY REPORT
26
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH]
3. UPL
On daily chart UPL bounced back from the major trend line
support level of 564 and made a good positive move in
yesterday session rose with heavy volume, for this it is
expected to give positive move above the near resistance
level of 593.35 .So we advise to buy it above 593.50 for the
targets of 599 603.50 with stop loss of 588.
MACRO NEWS
 Results today: United Spirits, BPCL, ONGC, Power Grid
Corporation, Jet Airways, Tata Chemicals, India Cements,
Adani Transmission, Fortis Healthcare, Shree Cement,
MphasiS Limited, Trent, Neyveli Lignite, Natco Pharma,
VA TECH WABAG, CARE, Kaya Limited, Future Lifestyle
Fashions, HT Media, Balmer Lawrie & Company, EIH Lim-
ited, Hathway Cable, Kohinoor Foods, KRBL, RCF, GIPCO,
Hotel Leela Venture, Jaypee Infra, JHS Svendgaard Lab,
Maharashtra Seamless, MUKTA ARTS, SCI, Sterlite Tech-
nologies, Titagarh Wagons, Deepak Fertilizers, Educomp,
Everest Kanto, FDC Ltd, Finolex Cables, Geojit BNP
Paribas Financial Services, GMDC, India Glycols, Ingersoll
Rand, Jindal Drilling, KCP Sugar, Maharashtra Seamless,
Orient Abrasives, Panoramic Universal, Rama Steel
Tubes, Sagar Cements, Salzer Electronics, Shreyas Ship-
ping & Logistics, STC, Stylam Ind, Tilaknagar Industries
 Cipla slips 7% on Q4 shocker; analysts warn margins
pressure may persist
 Strong Q4 results drive Zee Media up 20%
 Strengthening crude impacted Q4 margins: GSFC
 Co looks to grow at a rate of 20-25% every year: Bajaj
Finserv
 Can sustain margins at 40%; a regulator is welcome: Thy-
rocare
 Morgan Stanley upgrades India outlook to 'overweight'
 Banks still resisting rate cuts as liquidity row with RBI
drags on
 India kicks off auction of 67 small oil and gas fields
 India to use International Solar Alliance to push solar
water pumps
 Power Grid can diversify only if it loses central transmis-
STOCK RECOMMENDATIONS [FUTURE]
1. ARVIND [FUTURE]
Last trading session ARVIND future opened gape up and
consolidate in first half but later it moved very fast and
crossed major resistance level in second half and made a
high of 314.50 and close near day’s high with bullish candle-
stick in daily chart. since last session it rose with rising OI %
In June series.. We may see sharp rise for that it will be good
to buy around 309-310 for the target of 314-318 with SL of
305.
2. AXISBANK [FUTURE]
Last trading session AXISBANK future show good strenth and
close near day high with bullish candlestick in daily chart.
since last session it rose with rising OI around 45.66%, in
long side at June series and last day stock cross major resis-
tance level. We may see sharp rise for that it will be good to
buy above 507 for the target of 511-515 with SL of 500.

3. DAILY REPORT
26
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
FUTURES & OPTIONS
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 7,900 49.10 8,94,163 31,69,200
NIFTY CE 7,800 137.80 3,88,647 20,69,100
BANKNIFTY CE 17,000 91.75 1,94,558 5,93,370
MARUTI CE 4,000 57.75 7,073 1,51,500
SBIN CE 175 1.60 7,056 19,28,000
ASHOKLEY CE 105 0.05 6,005 60,34,000
LT CE 1,300 16.65 5,307 5,12,400
ICICIBANK CE 235 1.60 5,270 10,45,500
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 7,800 2.35 7,77,430 58,10,625
NIFTY PE 7,900 13.85 5,53,748 58,28,700
BANKNIFTY PE 16,500 3.80 1,25,890 5,69,100
SBIN PE 170 0.25 4,342 25,18,000
MARUTI PE 3,900 1.40 3,488 1,10,375
ICICIBANK PE 230 0.35 3,470 23,29,000
CIPLA PE 460 1.05 3,120 3,32,800
ASHOKLEY PE 95 0.75 3,007 30,31,000
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 190077 10952.14 131868 7608.73 384841 22504.78 3343.42
INDEX OPTIONS 847245 48552.77 808114 46160.32 1241305 72943.48 2392.45
STOCK FUTURES 450146 21558.96 445293 21391.33 1140354 54593.42 167.63
STOCK OPTIONS 81760 3965.70 86201 4162.00 111602 5403.65 -196.30
TOTAL 5707.20
STOCKS IN NEWS
 BHEL commissions 800 MW supercritical thermal unit
 Tata Steel may shortlist 2-3 bidders for UK assets today
 L&T Q4 profit & revenue jump over 18%, meets FY16
topline target
 Dr Reddy's buys 6 OTC brands from US-based Ducere
Pharma
 IndusInd Bank out, BoI to now settle tea e-auctions.
Lohia Auto Industries ties up with IndusInd Bank
 Ashok Leyland Q4 profit down 66% on exceptional loss
of Rs 379cr
NIFTY FUTURE
NIFTY FUTURE in yesterday trading session saw a big bull
run. Led buy autos, banks and infra stock Nifty moved
around 150 points up, even after a gap up opening. For
tomorrow F&O has expiry so Nifty may see some down-
side, as traders may empty their positions. So we advise
you to buy Nifty from some lower levels around 7920 for
the targets of 7970 and 8050 with strict stop loss of 7840
INDICES R2 R1 PIVOT S1 S2
NIFTY 8027.00 7980.90 7895.10 7849.00 7763.20
BANKNIFTY 17299.00 17148.00 16837.00 16722.00 16447.00

4. DAILY REPORT
26
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY ROUNDUP
Gold plummeted further after a massive tumble yesterday
amid soaring equities and continued selling pressure. The
commodity has come off its 15 month highs above $1300
per ounce a few weeks back. Sentiments have been weak as
speculation mounted that the US Federal Reserve will raise
interest rates as early as next month. Technical factors also
weighed on Gold as COMEX futures have dropped under
their 200 week moving average. The metal tumbled around
20 dollars and ended under $11230 per ounce levels yester-
day. The counter is quoting at $1221 per ounce, down
0.64% on the day. MCX Gold futures extended their losses
under Rs 30K and tumbled under Rs 29K today to trade at
Rs 28979 per 10 grams, down 1.10% on the day.
Supported by rising demand from alloy-makers in domestic
spot markets, nickel prices moved up by 0.79% to Rs 575.10
per kg in futures trade today. In futures trading, nickel for
delivery in June moved up by Rs 4.50 or 0.79% to Rs 575.10
per kg, in a business turnover of 233 lots at the Multi Com-
modity Exchange. On similar lines, the metal for delivery in
May contracts traded higher by Rs 4.40 or 0.78% to Rs
568.70 per kg in 2,727 lots. Market analysts attributed the
rise in nickel prices at futures trade to enlarging of positions
by speculators, driven by rising demand from alloy-makers
in the spot market. However, losses in base metals pack at
the London Metal Exchange (LME) amid signs that the US
Federal Reserve could raise interest rates as early as next
month, capped the gains, they said.
Oil prices gained in the US session after US government
data showed a larger-than-expected drop in crude invento-
ries. Reuters reported the U.S. Energy Information Admini-
stration said crude inventories fell 4.2 million barrels in the
week to May 20. Analysts polled by Reuters expected a drop
of 2.5 million barrels in inventory. Global benchmark Brent
futures settled up 2.3 percent at USD 49.74 a barrel, while
US crude futures added 1.93 percent to USD 49.56.
the refined copper market for February 2016 (excluding the
adjustment for changes in China's bonded stocks) showed a
small apparent production surplus of around 24,000 metric
tonnes. When making seasonal adjustments for world re-
fined production and usage, February showed a small pro-
duction deficit of 23,000 t. The refined copper balance for
the first two months of 2016, including revisions to data
previously presented, indicates a production surplus of
around 76,000 t. This compares with a production surplus of
around 134,000 t (a seasonally adjusted surplus of about
70,000 t) for the same period of 2015.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
GOLD BUY ABOVE 29000 TARGET 29150 29400 SL 29860
GOLD SELL BELOW 28850 TARGET 28750 28600 SL 29000
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 39420 TARGET 39600 39800 SL 39250
SELL SILVER BELOW 39100 TARGET 38900 38700 SL 39300
MCX

5. DAILY REPORT
26
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
NCDEX INDICES
Index Value % Change
BARLEY 1549 -0.23
CHANA 6011 -1.18
CORIANDER 6800 -0.70
COTTON SEED 2231 +0.13
GUAR SEED 3010 -0.89
JEERA 15950 -1.09
MUSTARDSEED 4363 -0.02
REF SOYA OIL 638.2 -0.29
SUGAR M GRADE 3522 -0.25
TURMERIC 7926 +0.33
RECOMMENDATIONS
DHANIYA
BUY CORIANDER JUN ABOVE 6940 TARGET 6985 7085 SL
BELOW 6875
SELL CORIANDER JUN BELOW 6757 TARGET 6712 6612 SL
ABOVE 6822
GUARGUM
BUY GUARGUM JUN ABOVE 5200 TARGET 5250 5320 SL
BELOW 5140
SELL GUARGUM JUN BELOW 4980 TARGET 4930 4860 SL
ABOVE 5040
Cardamom futures fell by 1.23% to Rs 828.50 per kg today
as traders trimmed their holdings amid subdued spot de-
mand. Besides, adequate stock position following increased
arrivals from producing regions also fuelled the downtrend.
At the Multi Commodity Exchange, the commodity for June
eased by Rs 10.30, or 1.23%, to Rs 828.50 per kg with a
business turnover of 176 lots. The spice for delivery in July
was down Rs 4.70, or 0.54%, to Rs 860.10 per kg with a
trading volume of 41 lots. Offloading of positions by partici-
pants owing to a weak trend at spot market on subdued
demand mainly put pressure on cardamom prices.
The Centre has set a target to achieve a record foodgrain
production of 270.10 million tonnes (mt) in 2016-17 crop
year on hopes of bountiful rains after two consecutive
drought years. The country had last achieved a record out-
put of 265.04 mt in 2013-14. However, the production in
2014-15 an d 2015-16 fell to 252.02 mt and 253.23 mt, re-
spectively, due to drought in more than ten States.
The ongoing cotton sowing season has forced the govern-
ment to keep in abeyance for three months the notification
capping licence fees for all new genetically modified (GM)
seed technologies. On March 18, the government had is-
sued a notification capping royalties of GM cotton seed
technology companies at 10 per cent for the first five years.
Had the notification been implemented, there were fears
legal challenges could have affected BT cotton seed sup-
plies at the time of sowing. Over 95 per cent of cotton sown
in the country is BT cotton. The ministry of agriculture has
withdrawn the notification on GM crops and is seeking
wider consultation. The ministry likely to issue it after 90
days. This will provide seed licensees and licensors time to
renegotiate contracts.

6. DAILY REPORT
26
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 67.4467 Yen-100 61.3200
Euro 75.2098 GBP 98.5599
CURRENCY
USD/INR
BUY USD/INR MAY ABOVE 67.61 TARGET 67.74 67.89 SL BE-
LOW 67.41
SELL USD/INR MAY BELOW 67.31 TARGET 67.18 67.03 SL
ABOVE 67.51
EUR/INR
BUY EUR/INR MAY ABOVE 75.25 TARGET 75.4 75.6 SL BE-
LOW 75.05
SELL EUR/INR MAY BELOW 75.13 TARGET 74.98 74.78 SL
ABOVE 75.33
CURRENCY MARKET UPDATES:
Currencies across the globe seem to be largely guided by
actions of the US Federal Reserve, with rupee witnessing
only moderate volatility, says a report by Care Ratings. Ac-
cording to the credit rating agency, the single most impor-
tant factor that is affecting the course of currencies is the
Fed action or inaction related to interest rates. The Indian
rupee has witnessed a moderate volatility so far this year
and its movement towards Rs 68-69 during the year looks
likely, it said. The volatility (on annualised monthly basis)
has been really high for some of the currencies such as
those of Argentina, Russia, South Africa, Brazil, Australia
and Mexico. As per the report, the rupee has been follow-
ing an uneven path in 2016 and has behaved quite well
during this period, guided partly by the fundamentals as
well as selective intervention from the RBI. The agency ob-
served that besides the Fed monetary action, the rupee is
also being influenced by lower growth in trade deficit as
well as current account deficit, positive FPI flows in April
and May and movement of interest rates in India based on
RBI policy stance.
Breaking its nine-day slide - the longest since 2007 - the
rupee turned around in style against the dollar to close at
67.33 after selling in the US currency by exporters acceler-
ated. The domestic unit rebounded from its two-and-a-half
-month low with an impressive 42-paise gain - its sharpest
single-day jump in over two months. Heavy selling in the
greenback by exporters and banks amid its weakness
against other currencies overseas and a spectacular rally in
local equities supported the recovery momentum. Sus-
pected Reserve Bank of India intervention through state-
owned banks also kept it cheery. At the interbank forex
market, the rupee resumed on a firm footing at 67.63
against its overnight close of 67.75 and maintained its ris-
ing trend to hit an intra-day high of 67.31 before settling at
67.33, a solid gain of 42 paise, or 0.62 per cent.
In cross-currency trades, the rupee bounced back against
the pound sterling to end at 98.85 from 98.98 on Tuesday.
It also regained some ground against the euro and closed
at 75.03 compared with 75.73 and recovered against the
yen to settle at 61.13 per 100 yens as against 61.80 on
Tuesday.

7. DAILY REPORT
26
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
25/05/16 NCDEX GUARGUM JUNE BUY 5250 5300-5370 5190 NOT EXECUTED
25/05/16 NCDEX GUARGUM JUNE SELL 5160 5110-5040 5220 BOOKED FULL PROFIT
25/05/16 NCDEX DHANIYA JUNE BUY 7012 7057-7157 6947 NOT EXECUTED
25/05/16 NCDEX DHANIYA JUNE SELL 6757 6712-6612 6822 NOT EXECUTED
25/05/16 MCX GOLD JUNE BUY 29350 29450-29600 29250 NOT EXECUTED
25/05/16 MCX GOLD JUNE SELL 29250 29150-29000 29351 BOOKED FULL RPOFIT
25/05/16 MCX SILVER JUNE SELL 39290 39100-38300 39500 BOOKED RPOFIT
25/05/16 MCX SILVER JUNE BUY 39600 39850-40150 39350 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
25/05/16 NIFTY FUTURE BUY 7750 7820-7900 7680 NOT EXECUTED
25/05/16 BIOCON FUTURE BUY 648 651-655 643 BOOKED PROFIT
25/05/16 CIPLA FUTURE SELL 493 488-480 499.5 NOT EXECUTED
25/05/16 RUSHIL CASH BUY 367.5 370-372.5 363.5 BOOKED FULL PROFIT

8. DAILY REPORT
26
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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TIME REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, MAY 23
9:45 AM MARKIT PMI FLASH MAY -- 50.8
TUESDAY, MAY 24
10 AM NEW HOME SALES APRIL 523,000 511,000
WEDNESDAY, MAY 25
8;30 AM ADVANCE TRADE IN GOODS APRIL -$61.2 BLN -$56.9 BLN
THURSDAY, MAY 26
8:30 AM WEEKLY JOBLESS CLAIMS MAY 21 -- --
8:30 AM DURABLE GOODS ORDERS APRIL -0.1% 0.8%
10 AM PENDING HOME SALES APRIL 1.0% 1.4%
FRIDAY, MAY 27
8:30 AM GDP REVISION 1Q 0.8% 0.5%
10 AM CONSUMER SENTIMENT MAY -- 95.8