SlideShare a Scribd company logo
1 of 8
Download to read offline
DAILY REPORT
30
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Wall Street rose on Friday and capped off its strongest
week since March after US Fed Chair said an interest-rate
hike would likely be appropriate "in the coming months."
While higher interest rates choke liquidity in stock markets,
many investors see a potential rate hike. All of the 10 major
S&P sectors rose, with the telecom and financial indexes
leading the gainers.
The DJI average climbed 0.25% to end at 17,873.22pts and
the S&P 500 gained 0.43% to 2,099.06. Nasdaq added
0.65% to 4,933.51. For the week, the S&P 500 rose 2.3%
and Dow added 2.1%, the best weekly performance for
both since March. The Nasdaq gained 3.4% for the week,
its best weekly result since Feb. For 2016, the S&P 500 is up
2.7%. Friday's volume was muted as investors checked out
ahead of a long weekend, with US stock markets closed on
Monday for the Memorial Day holiday.
European shares were steady on Friday, propped up by the
Swiss stock market and pharmaceuticals companies after
drugmaker Roche climbed on positive results for one of its
products. The pan-European STOXX 600 and FTSEurofirst
300 equity indexes both rose 0.2 percent.
Previous day Roundup
Equity benchmarks rallied for 4th-consecutive session on
Friday with the Nifty ending at 7-month high, driven by
banking & financials & healthcare stocks and Reliance In-
dustries. The market ended with super gains boosted by
index heavyweights. Likely improvement in asset quality in
FY17 after sharp deterioration in past years and hopes of
good monsoon & further recovery in economy may have
lifted sentiment that boosted Sensex 1400pts in last four
sessions. The Sensex surged 286.92pts or 1.09% to
26653.60 and Nifty climbed 87% or 1.08% to 8156.65.
About 1401 shares have advanced, 1173 shares declined,
and 189 shares are unchanged. The markets outperformed
benchmarks with BSE Midcap index gaining 1.4%.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
0.31pts], Capital Goods [up 70.38pts], PSU [up 100.92pts],
FMCG [down 0.998Pts], Realty [up 21.13pts], Power [up
9.33pts], Auto [up 173.47pts], Healthcare [up 365.26pts], IT
[up 104.76pts], Metals [up 89.32Pts], TECK [up 52.05pts],
Oil& Gas [up 244.13pts].
World Indices
Index Value % Change
DJI 17873.22 +0.25
S&P500 2099.06 +0.43
NASDAQ 4933.50 +0.65
FTSE100 6270.79 +0.08
NIKKEI 16834.84 +0.37
HANG SENG 20576.77 +0.88
Top Gainers
Company CMP Change % Chg
SBIN 201.30 17.15 9.31
BPCL 1,005.40 78.4 8.48
SUNPHARMA 828.00 48.65 6.24
BANKBARODA 140.20 5.35 3.97
ADANIPORTS 191.55 6.75 3.65
Top Losers
Company CMP Change % Chg
ONGC 212.60 3.45 -1.60
TATAPOWER 72.55 1.10 -1.49
TECHM 535.00 7.30 -1.35
INFRATEL 385.90 4.25 -1.09
IDEA 112.65 1.15 -1.01
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
ACC 1,525.15 21.10 1.40
ASIANPAINT 996.75 4.90 0.49
BIOCON 700.80 43.50 6.62
BPCL 1,005.40 78.60 8.48
HDFCBANK 1,181.35 -1.90 -0.16
INDUSINDBK 1,103.40 -0.50 -0.05
M&MFIN 324.10 4.75 1.49
Indian Indices
Company CMP Change % Chg
NIFTY 8156.65 +87.00 +1.08
SENSEX 26653.60 +286.92 +1.09
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
IPCALAB 437.40 -4.55 -1.03
RAIREKMOH 90.10 -3.55 -3.79
DAILY REPORT
30
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH]
CASH
On daily chart KITEX GARMENTS takes reversal from the
major trend line support level of 440.40 in previous ses-
sions and made a positive move yesterday rose with de-
cent volume, for this it is expected to give a good upside
move for today after breaking the near resistance level of
461.85.So we advise to buy above 462 for the targets of
469 472 with stop loss below 455.
MACRO NEWS
 February sale over; like PSU oil cos, pvt banks, FMCG:
Kotak AMC
 Operating profit margins grow 13-15% in FY17: Mphasis
 Eyeing robust capex of Rs 6300 crore in FY17: HPCL
 TWU and Tata Steel ink agreement on implementing
World Class
 RBI to infuse Rs 15,000 cr liquidity next week
 IOC 2nd most profitable PSU; posts Rs 10,399cr profit in
FY16
 Maruti recalls over 77k Balenos, DZires to fix airbag, fil-
ter
 Maruti Suzuki to recall over 77,000 Balenos, DZires for
possible faults with airbags, fuel filter
 United Spirits writes off Rs 566 crore from Vijay Mallya’s
UB Group companies
 Titagarh wagons with French Matiere in 50:50 venture to
make and sell metallic bridges
 States discuss deferment of e-auction of mineral blocks
at meeting of state mining ministers
 Everest Steel Building Solutions releases pre-engineered
building technology technical manual
 GAIL reconfigures Rs 12,000 crore Jagdishpur-Haldia gas
pipeline
 Sun Pharma ends Daiichi umbrella pact
 Jubilant Life signs $180 mn outlicensing deal with Check-
point
 Torrent Pharma in talks to buy Glochem Industries for Rs
300 crore
 RIL, BP on way to end dispute with government
 MEP Infra wins proj from NHAI in Gujarat at Rs 643 cr bid
cost
STOCK RECOMMENDATIONS [FUTURE]
1. MARUTI [FUTURE]
Last trading session MARUTI future show again good
strength and close near day high with bullish candlestick in
daily chart. since last day stock move in narrow range but
last day stock close near major resistance level. We may see
sharp rise for that it will be good to buy above 4185 for the
target of 4200-4220-4250 with SL of 4150.
2. TATAMOTORS [FUTURE]
Last trading session TATAMOTORS future show good
strength and close near day high with bullish candlestick in
daily chart. since last session it rose with rising OI in long
side at and last day stock cross major resistance level. We
may see sharp rise for that it will be good to buy above 408
for the target of 412-417 with SL of 402
DAILY REPORT
30
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 8,200 120.00 2,48,718 33,34,275
NIFTY CE 8,400 45.70 1,50,891 30,51,475
BANKNIFTY CE 18,000 197.10 32,777 2,46,480
SBIN CE 200 9.60 18,574 42,40,000
SBIN CE 180 22.30 4,966 26,56,000
RELIANCE CE 1,000 16.40 4,132 10,67,500
SBIN CE 230 1.65 3,465 12,52,000
LT CE 1,500 42.60 3,354 4,33,800
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 8,000 77.85 1,91,759 38,76,700
NIFTY PE 7,900 54.50 1,49,551 37,90,050
BANKNIFTY PE 17,000 214.00 25,359 2,24,220
SBIN PE 180 3.55 12,692 47,62,000
SBIN PE 165 1.50 3,271 16,18,000
RELIANCE PE 940 9.05 3,092 3,62,500
LT PE 1,400 19.90 2,551 3,96,300
SBIN PE 150 0.55 2,301 18,96,000
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 81911 4854.25 45704 2691.77 281850 16906.85 2162.48
INDEX OPTIONS 561600 33648.50 530694 31739.14 783886 47644.47 1909.36
STOCK FUTURES 126995 6365.50 106672 5351.40 981776 48310.54 1014.10
STOCK OPTIONS 90119 4063.97 87671 3947.81 35754 1746.60 116.16
TOTAL 5202.09
STOCKS IN NEWS
 BHEL Q4 profit falls 60% to Rs 360cr, other income sup-
ports
 Power Grid may rise 13-23% as Q4 capitalization ex-
ceeds capex
 Booster dose: Lupin unit gets US FDA clearance
 SBI Q4 net tanks 66%, provisions up 143%, slippages at
Rs 30313cr
 BPCL at record high, up 10%; OMCs rally as analysts bet
on GRM recovery
 Canara Bank post Q4 loss Rs 3905 cr on 6-fold jump in
provisions
NIFTY FUTURE
NIFTY FUTURE in last trading session rallied up and bro-
ken the resistance of 8125, bulls had taken complete
control and banks helped Nifty end at fresh 2016 closing
high. And this rally seems to continue till 8280. So we
advise you to buy Nifty Future only above 8185 for the
targets of 8250 and 8350 With strict stop loss of 8100
INDICES R2 R1 PIVOT S1 S2
NIFTY 8219.80 8188.20 8132.60 8101.00 8145.40
BANKNIFTY 17676.00 17593.00 17460.00 17377.00 17244.00
DAILY REPORT
30
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY ROUNDUP
Oil futures dipped further in early Asian trade on Friday,
finding resistance at the $50 a barrel mark as investors wor-
ried higher prices could reactivate shuttered crude output,
adding to global oversupply. Oil pushed through $50 for the
first time in around seven months on Thursday as supply
disruptions from Canadian wildfires and attacks in Libya and
West Africa have helped cut daily output by 4 million bar-
rels. Increased demand and a weaker dollar helped support
prices. US crude fell seven cents to $49.41 a barrel as of
0033 GMT after settling down eight cents in the previous
session. It touched $50.21 earlier on Thursday, its highest
since early October. Brent fell nine cents to $49.50. Brent
closed down 15 cents, retreating from $50.51, its highest
since early Nov.
Copper rose on Friday, helped by a rebound in China steel,
but expectations that a likely hike in U.S. interest rates in
the next two months will boost the dollar kept prices on
track for their worst month in half a year. MCX Copper
tested a high of Rs 315.90 per kg, the prices were trading at
Rs 315.1 per kg. Concerns about faltering growth in top
metals user China pressured copper. Profit growth at
China's industrial firms slowed in April, in line with other
data for the month which suggested the economy may be
losing steam again after picking up earlier in the year.
Meanwhile, Chinese zinc miners and smelters cranked up
output in March after prices rallied, raising questions over
the market's bullish outlook by potentially delaying global
shortages. ShFE zinc was caught in steel's updraft, rising 2
percent.
Gold prices today crashed Rs 355 to break below the Rs
29,000 mark at Rs 28,870 per 10 grams an over 3-month
low in line with a weak trend overseas amid sluggish de-
mand from jewellers at the domestic spot market. Sil-
ver also dropped Rs 530 to Rs 39,070 per kg due to poor off-
take by industrial units and coin makers. Besides a weak
trend overseas due to anticipation of higher borrowing
costs in the US, a fall in demand from jewellers and retailers
pulled down both gold and silver prices. Globally, gold fell
0.13% to $1,217.90 an ounce in Singapore. An appreciat-
ing rupee against the dollar, which made imports
of precious metals cheaper, weighed. Following gold, silver
ready fell Rs 530 to Rs 39,070 per kg and weekly-based de-
livery Rs 525 to Rs 39,020 per kg. Silver coins too plum-
meted Rs 1,000 to Rs 66,000 for buying and Rs 67,000 for
selling of 100 pieces.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD JUNE ABOVE 28900 TGT 29000-29150 SL BELOW
28770
SELL GOLD JUNE BELOW 28500 TGT 28400-28200 SL ABOVE
28640
SILVER
TRADING STRATEGY:
BUY SILVER JULY ABOVE 39130 TGT 39330-39630 SL BELOW
38800
SELL SILVER JULY BELOW 38750 TGT 38550-38200 SL
ABOVE 39000
MCX
DAILY REPORT
30
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
NCDEX INDICES
Index Value % Change
BARLEY 1551.5 -0.10
CHANA 6101 +0.25
CORIANDER 6875 +0.19
COTTON SEED 2340 +2.27
GUAR SEED 3169 +3.97
JEERA 16200 +0.50
MUSTARDSEED 4439 +0.91
REF SOYA OIL 647.8 +1.10
SUGAR M GRADE 3536 +0.60
TURMERIC 8016 -1.06
RECOMMENDATIONS
DHANIYA
BUY CORIANDER JUN ABOVE 6920 TARGET 6965 7065 SL
BELOW 6855
SELL CORIANDER JUN BELOW 6800 TARGET 6755 6655 SL
ABOVE 6865
GUARGUM
BUY GUARGUM JUN ABOVE 5350 TARGET 5400 5470 SL
BELOW 5290
SELL GUARGUM JUN BELOW 5250 TARGET 5200 5130 SL
ABOVE 5310
As per latest update from Russia Agriculture Minister, the
country is going to harvest some 106 million metric tons of
grain in 2016 .Russia harvested 104.8 million metric tons of
grain in 2015.
The water storage available in 91 major reservoirs of the
country for the week ending on May 26, 2016 was 26.816
BCM which is 17% of total storage capacity of these reser-
voirs. This was 55% of the storage of corresponding period
of last year and 79% of storage of average of last ten years.
The total storage capacity of these 91 reservoirs is 157.799
BCM which is about 62% of the total storage capacity of
253.388 BCM which is estimated to have been created in
the country. 37 Reservoirs out of these 91 have hydro-
power benefit with installed capacity of more than 60 MW.
States having better storage than last year for correspond-
ing period are Tripura, Rajasthan and Andhra Pradesh.
States having lesser storage than last year for correspond-
ing period are Himachal Pradesh, AP&TG (Two combined
projects in both states), Punjab, West Bengal, Jharkhand,
Odisha, West Bengal, Gujarat, Maharashtra, Uttar Pradesh,
Uttarakhand, Madhya Pradesh, Chhattisgarh, Telangana,
Tamil Nadu, Karnataka and Kerala.
Steady buying was seen in jeera market due to of strong
export demand from China and Bangladesh. The sources
stated that Bangladesh government has removed import
duties from jeera which raises the exporter's inquiries in
local mandi. Moreover, strong export orders from china due
to limited stocks have also added gains in jeera physical
market. The NCDEX June Jeera futures swelled by
0.75percent to close at Rs 16195 per quintal.
DAILY REPORT
30
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 67.0613 Yen-100 61.1200
Euro 75.0885 GBP 98.3923
CURRENCY
USD/INR
BUY USD/INR JUN ABOVE 67.48 TARGET 67.61 67.76 SL BE-
LOW 67.28
SELL USD/INR JUN BELOW 67.28 TARGET 67.15 67 SL ABOVE
67.48
EUR/INR
BUY EUR/INR JUN ABOVE 75.82 TARGET 75.97 76.17 SL BE-
LOW 75.62
SELL EUR/INR JUN BELOW 75.32 TARGET 75.17 74.97 SL
ABOVE 75.52
CURRENCY MARKET UPDATES:
Extending its gains for the third straight day, the rupee to-
day appreciated by 14 paise against the American currency
to end at one-week high of 67.03 on the back of robust
dollar inflows in equities. The domestic currency was fur-
ther supported by unwinding of long-dollar positions by
speculators and exporters. At the Interbank Foreign Ex-
change (Forex) market, the domestic unit opened firmly
higher at 67.02 compared to Thursday's finish of 67.17 on
sustained dollar selling by banks and exporters. But it failed
to maintain early momentum and retreated to touch a in-
tra-day low of 67.12 in mid-morning deals on fresh bouts
of dollar demand. However, rupee staged a dramatic re-
covery in afternoon to reclaim the significant 66-mark to
hit a high of 66.95 before ending the session at 67.03, re-
vealing a smart gain of 14 paise, or 0.21 per cent. It has
recovered 72 paise in three sessions.
In cross-currency trades, the rupee continued to rule firm
against the pound sterling and ended at 98.19 compared
to 98.79 yesterday and recovered against the euro to con-
clude at 74.85 from 75.10 earlier. The rupee on the other
hand fell back against the yen to settle at 61.12 per 100
yens compared to 61.06. During the week, Indian ru-
pee appreciated marginally by 0.51 per cent to 67.06
against dollar on May 27 from 67.40 on May 20.
The U.S. dollar index hit a two-month high and U.S. bond
prices fell on Friday after Federal Reserve Chair Janet
Yellen said a U.S. interest rate hike will likely be appropri-
ate in the coming months. Although they briefly trimmed
gains on Yellen's remarks, U.S. stocks ended higher and the
S&P 500 capped off its strongest week since March. MSCI's
all-country world stock index .MIWD00000PUS had its best
weekly performance since mid-April. The U.S. dollar index
hit a two-month high and U.S. bond prices fell on Friday
after Federal Reserve Chair Janet Yellen said a U.S. interest
rate hike will likely be appropriate in the coming months.
Although they briefly trimmed gains on Yellen's remarks,
U.S. stocks ended higher and the S&P 500 capped off its
strongest week since March. MSCI's all-country world stock
index .MIWD00000PUS had its best weekly performance
since mid-April.
DAILY REPORT
30
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
27/05/16 NCDEX DHANIYA JUNE BUY 6920 6965-7065 6855 NOT EXECUTED
27/05/16 NCDEX DHANIYA JUNE SELL 6800 6755-6655 6865 NOT EXECUTED
27/05/16 NCDEX GUARGUM JUNE BUY 5200 5250-5320 5140 BOOKED FULL PROFIT
27/05/16 NCDEX GUARGUM JUNE SELL 5100 5050-4980 5160 SL TRGGERED
27/05/16 MCX GOLD JUNE BUY 28820 28920-29000 28700 SL TRGGERED
27/05/16 MCX GOLD JUNE SELL 28700 28600-28500 28805 SL TRGGERED
27/05/16 MCX SILVER JUNE BUY 39200 39400-39600 38995 NOT EXECUTED
27/05/16 MCX SILVER JUNE SELL 38995 38800-38600 39205 BOOKED PROFIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
27/05/16 NIFTY FUTURE BUY 8075 8150-8250 7950 BOOKED PROFIT
27/05/16 TECHM FUTURE BUY 550 555-560 544 NOT EXECUTED
27/05/16 YESBANK FUTURE BUY 1020 1025-1035 1012 BOOKED PROFIT
27/05/16 KEC CASH BUY 140 142.5-143.5 138.2 CALL OPEN
DAILY REPORT
30
th
MAY 2016
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 ef-
forts 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 investment decision. The report does not provide individually tailor-made invest-
ment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages in-
vestors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the infor-
mation given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not nec-
essarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without no-
tice. 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 expressed 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 dis-
claimer. 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 Pro-
vided 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 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

More Related Content

Recently uploaded

obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
yulianti213969
 

Recently uploaded (20)

KALYANI 💋 Call Girl 9827461493 Call Girls in Escort service book now
KALYANI 💋 Call Girl 9827461493 Call Girls in  Escort service book nowKALYANI 💋 Call Girl 9827461493 Call Girls in  Escort service book now
KALYANI 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Puri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDING
Puri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDINGPuri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDING
Puri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDING
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
KOTA 💋 Call Girl 9827461493 Call Girls in Escort service book now
KOTA 💋 Call Girl 9827461493 Call Girls in  Escort service book nowKOTA 💋 Call Girl 9827461493 Call Girls in  Escort service book now
KOTA 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Nanded Call Girl Just Call 8084732287 Top Class Call Girl Service Available
Nanded Call Girl Just Call 8084732287 Top Class Call Girl Service AvailableNanded Call Girl Just Call 8084732287 Top Class Call Girl Service Available
Nanded Call Girl Just Call 8084732287 Top Class Call Girl Service Available
 
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
WheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond InsightsWheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond Insights
 
Only Cash On Delivery Call Girls In Sikandarpur Gurgaon ❤️8448577510 ⊹Escorts...
Only Cash On Delivery Call Girls In Sikandarpur Gurgaon ❤️8448577510 ⊹Escorts...Only Cash On Delivery Call Girls In Sikandarpur Gurgaon ❤️8448577510 ⊹Escorts...
Only Cash On Delivery Call Girls In Sikandarpur Gurgaon ❤️8448577510 ⊹Escorts...
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur DubaiUAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 

Featured

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
ThinkNow
 
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)
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

Epic research special report of 30 may 2016

  • 1. DAILY REPORT 30 th MAY 2016 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Wall Street rose on Friday and capped off its strongest week since March after US Fed Chair said an interest-rate hike would likely be appropriate "in the coming months." While higher interest rates choke liquidity in stock markets, many investors see a potential rate hike. All of the 10 major S&P sectors rose, with the telecom and financial indexes leading the gainers. The DJI average climbed 0.25% to end at 17,873.22pts and the S&P 500 gained 0.43% to 2,099.06. Nasdaq added 0.65% to 4,933.51. For the week, the S&P 500 rose 2.3% and Dow added 2.1%, the best weekly performance for both since March. The Nasdaq gained 3.4% for the week, its best weekly result since Feb. For 2016, the S&P 500 is up 2.7%. Friday's volume was muted as investors checked out ahead of a long weekend, with US stock markets closed on Monday for the Memorial Day holiday. European shares were steady on Friday, propped up by the Swiss stock market and pharmaceuticals companies after drugmaker Roche climbed on positive results for one of its products. The pan-European STOXX 600 and FTSEurofirst 300 equity indexes both rose 0.2 percent. Previous day Roundup Equity benchmarks rallied for 4th-consecutive session on Friday with the Nifty ending at 7-month high, driven by banking & financials & healthcare stocks and Reliance In- dustries. The market ended with super gains boosted by index heavyweights. Likely improvement in asset quality in FY17 after sharp deterioration in past years and hopes of good monsoon & further recovery in economy may have lifted sentiment that boosted Sensex 1400pts in last four sessions. The Sensex surged 286.92pts or 1.09% to 26653.60 and Nifty climbed 87% or 1.08% to 8156.65. About 1401 shares have advanced, 1173 shares declined, and 189 shares are unchanged. The markets outperformed benchmarks with BSE Midcap index gaining 1.4%. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 0.31pts], Capital Goods [up 70.38pts], PSU [up 100.92pts], FMCG [down 0.998Pts], Realty [up 21.13pts], Power [up 9.33pts], Auto [up 173.47pts], Healthcare [up 365.26pts], IT [up 104.76pts], Metals [up 89.32Pts], TECK [up 52.05pts], Oil& Gas [up 244.13pts]. World Indices Index Value % Change DJI 17873.22 +0.25 S&P500 2099.06 +0.43 NASDAQ 4933.50 +0.65 FTSE100 6270.79 +0.08 NIKKEI 16834.84 +0.37 HANG SENG 20576.77 +0.88 Top Gainers Company CMP Change % Chg SBIN 201.30 17.15 9.31 BPCL 1,005.40 78.4 8.48 SUNPHARMA 828.00 48.65 6.24 BANKBARODA 140.20 5.35 3.97 ADANIPORTS 191.55 6.75 3.65 Top Losers Company CMP Change % Chg ONGC 212.60 3.45 -1.60 TATAPOWER 72.55 1.10 -1.49 TECHM 535.00 7.30 -1.35 INFRATEL 385.90 4.25 -1.09 IDEA 112.65 1.15 -1.01 Stocks at 52 Week’s HIGH Symbol Prev. Close Change %Chg ACC 1,525.15 21.10 1.40 ASIANPAINT 996.75 4.90 0.49 BIOCON 700.80 43.50 6.62 BPCL 1,005.40 78.60 8.48 HDFCBANK 1,181.35 -1.90 -0.16 INDUSINDBK 1,103.40 -0.50 -0.05 M&MFIN 324.10 4.75 1.49 Indian Indices Company CMP Change % Chg NIFTY 8156.65 +87.00 +1.08 SENSEX 26653.60 +286.92 +1.09 Stocks at 52 Week’s LOW Symbol Prev. Close Change %Chg IPCALAB 437.40 -4.55 -1.03 RAIREKMOH 90.10 -3.55 -3.79
  • 2. DAILY REPORT 30 th MAY 2016 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATION [CASH] CASH On daily chart KITEX GARMENTS takes reversal from the major trend line support level of 440.40 in previous ses- sions and made a positive move yesterday rose with de- cent volume, for this it is expected to give a good upside move for today after breaking the near resistance level of 461.85.So we advise to buy above 462 for the targets of 469 472 with stop loss below 455. MACRO NEWS  February sale over; like PSU oil cos, pvt banks, FMCG: Kotak AMC  Operating profit margins grow 13-15% in FY17: Mphasis  Eyeing robust capex of Rs 6300 crore in FY17: HPCL  TWU and Tata Steel ink agreement on implementing World Class  RBI to infuse Rs 15,000 cr liquidity next week  IOC 2nd most profitable PSU; posts Rs 10,399cr profit in FY16  Maruti recalls over 77k Balenos, DZires to fix airbag, fil- ter  Maruti Suzuki to recall over 77,000 Balenos, DZires for possible faults with airbags, fuel filter  United Spirits writes off Rs 566 crore from Vijay Mallya’s UB Group companies  Titagarh wagons with French Matiere in 50:50 venture to make and sell metallic bridges  States discuss deferment of e-auction of mineral blocks at meeting of state mining ministers  Everest Steel Building Solutions releases pre-engineered building technology technical manual  GAIL reconfigures Rs 12,000 crore Jagdishpur-Haldia gas pipeline  Sun Pharma ends Daiichi umbrella pact  Jubilant Life signs $180 mn outlicensing deal with Check- point  Torrent Pharma in talks to buy Glochem Industries for Rs 300 crore  RIL, BP on way to end dispute with government  MEP Infra wins proj from NHAI in Gujarat at Rs 643 cr bid cost STOCK RECOMMENDATIONS [FUTURE] 1. MARUTI [FUTURE] Last trading session MARUTI future show again good strength and close near day high with bullish candlestick in daily chart. since last day stock move in narrow range but last day stock close near major resistance level. We may see sharp rise for that it will be good to buy above 4185 for the target of 4200-4220-4250 with SL of 4150. 2. TATAMOTORS [FUTURE] Last trading session TATAMOTORS future show good strength and close near day high with bullish candlestick in daily chart. since last session it rose with rising OI in long side at and last day stock cross major resistance level. We may see sharp rise for that it will be good to buy above 408 for the target of 412-417 with SL of 402
  • 3. DAILY REPORT 30 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 8,200 120.00 2,48,718 33,34,275 NIFTY CE 8,400 45.70 1,50,891 30,51,475 BANKNIFTY CE 18,000 197.10 32,777 2,46,480 SBIN CE 200 9.60 18,574 42,40,000 SBIN CE 180 22.30 4,966 26,56,000 RELIANCE CE 1,000 16.40 4,132 10,67,500 SBIN CE 230 1.65 3,465 12,52,000 LT CE 1,500 42.60 3,354 4,33,800 MOST ACTIVE PUT OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY PE 8,000 77.85 1,91,759 38,76,700 NIFTY PE 7,900 54.50 1,49,551 37,90,050 BANKNIFTY PE 17,000 214.00 25,359 2,24,220 SBIN PE 180 3.55 12,692 47,62,000 SBIN PE 165 1.50 3,271 16,18,000 RELIANCE PE 940 9.05 3,092 3,62,500 LT PE 1,400 19.90 2,551 3,96,300 SBIN PE 150 0.55 2,301 18,96,000 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 81911 4854.25 45704 2691.77 281850 16906.85 2162.48 INDEX OPTIONS 561600 33648.50 530694 31739.14 783886 47644.47 1909.36 STOCK FUTURES 126995 6365.50 106672 5351.40 981776 48310.54 1014.10 STOCK OPTIONS 90119 4063.97 87671 3947.81 35754 1746.60 116.16 TOTAL 5202.09 STOCKS IN NEWS  BHEL Q4 profit falls 60% to Rs 360cr, other income sup- ports  Power Grid may rise 13-23% as Q4 capitalization ex- ceeds capex  Booster dose: Lupin unit gets US FDA clearance  SBI Q4 net tanks 66%, provisions up 143%, slippages at Rs 30313cr  BPCL at record high, up 10%; OMCs rally as analysts bet on GRM recovery  Canara Bank post Q4 loss Rs 3905 cr on 6-fold jump in provisions NIFTY FUTURE NIFTY FUTURE in last trading session rallied up and bro- ken the resistance of 8125, bulls had taken complete control and banks helped Nifty end at fresh 2016 closing high. And this rally seems to continue till 8280. So we advise you to buy Nifty Future only above 8185 for the targets of 8250 and 8350 With strict stop loss of 8100 INDICES R2 R1 PIVOT S1 S2 NIFTY 8219.80 8188.20 8132.60 8101.00 8145.40 BANKNIFTY 17676.00 17593.00 17460.00 17377.00 17244.00
  • 4. DAILY REPORT 30 th MAY 2016 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY ROUNDUP Oil futures dipped further in early Asian trade on Friday, finding resistance at the $50 a barrel mark as investors wor- ried higher prices could reactivate shuttered crude output, adding to global oversupply. Oil pushed through $50 for the first time in around seven months on Thursday as supply disruptions from Canadian wildfires and attacks in Libya and West Africa have helped cut daily output by 4 million bar- rels. Increased demand and a weaker dollar helped support prices. US crude fell seven cents to $49.41 a barrel as of 0033 GMT after settling down eight cents in the previous session. It touched $50.21 earlier on Thursday, its highest since early October. Brent fell nine cents to $49.50. Brent closed down 15 cents, retreating from $50.51, its highest since early Nov. Copper rose on Friday, helped by a rebound in China steel, but expectations that a likely hike in U.S. interest rates in the next two months will boost the dollar kept prices on track for their worst month in half a year. MCX Copper tested a high of Rs 315.90 per kg, the prices were trading at Rs 315.1 per kg. Concerns about faltering growth in top metals user China pressured copper. Profit growth at China's industrial firms slowed in April, in line with other data for the month which suggested the economy may be losing steam again after picking up earlier in the year. Meanwhile, Chinese zinc miners and smelters cranked up output in March after prices rallied, raising questions over the market's bullish outlook by potentially delaying global shortages. ShFE zinc was caught in steel's updraft, rising 2 percent. Gold prices today crashed Rs 355 to break below the Rs 29,000 mark at Rs 28,870 per 10 grams an over 3-month low in line with a weak trend overseas amid sluggish de- mand from jewellers at the domestic spot market. Sil- ver also dropped Rs 530 to Rs 39,070 per kg due to poor off- take by industrial units and coin makers. Besides a weak trend overseas due to anticipation of higher borrowing costs in the US, a fall in demand from jewellers and retailers pulled down both gold and silver prices. Globally, gold fell 0.13% to $1,217.90 an ounce in Singapore. An appreciat- ing rupee against the dollar, which made imports of precious metals cheaper, weighed. Following gold, silver ready fell Rs 530 to Rs 39,070 per kg and weekly-based de- livery Rs 525 to Rs 39,020 per kg. Silver coins too plum- meted Rs 1,000 to Rs 66,000 for buying and Rs 67,000 for selling of 100 pieces. RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD JUNE ABOVE 28900 TGT 29000-29150 SL BELOW 28770 SELL GOLD JUNE BELOW 28500 TGT 28400-28200 SL ABOVE 28640 SILVER TRADING STRATEGY: BUY SILVER JULY ABOVE 39130 TGT 39330-39630 SL BELOW 38800 SELL SILVER JULY BELOW 38750 TGT 38550-38200 SL ABOVE 39000 MCX
  • 5. DAILY REPORT 30 th MAY 2016 YOUR MINTVISORY Call us at +91-731-6642300 NCDEX NCDEX INDICES Index Value % Change BARLEY 1551.5 -0.10 CHANA 6101 +0.25 CORIANDER 6875 +0.19 COTTON SEED 2340 +2.27 GUAR SEED 3169 +3.97 JEERA 16200 +0.50 MUSTARDSEED 4439 +0.91 REF SOYA OIL 647.8 +1.10 SUGAR M GRADE 3536 +0.60 TURMERIC 8016 -1.06 RECOMMENDATIONS DHANIYA BUY CORIANDER JUN ABOVE 6920 TARGET 6965 7065 SL BELOW 6855 SELL CORIANDER JUN BELOW 6800 TARGET 6755 6655 SL ABOVE 6865 GUARGUM BUY GUARGUM JUN ABOVE 5350 TARGET 5400 5470 SL BELOW 5290 SELL GUARGUM JUN BELOW 5250 TARGET 5200 5130 SL ABOVE 5310 As per latest update from Russia Agriculture Minister, the country is going to harvest some 106 million metric tons of grain in 2016 .Russia harvested 104.8 million metric tons of grain in 2015. The water storage available in 91 major reservoirs of the country for the week ending on May 26, 2016 was 26.816 BCM which is 17% of total storage capacity of these reser- voirs. This was 55% of the storage of corresponding period of last year and 79% of storage of average of last ten years. The total storage capacity of these 91 reservoirs is 157.799 BCM which is about 62% of the total storage capacity of 253.388 BCM which is estimated to have been created in the country. 37 Reservoirs out of these 91 have hydro- power benefit with installed capacity of more than 60 MW. States having better storage than last year for correspond- ing period are Tripura, Rajasthan and Andhra Pradesh. States having lesser storage than last year for correspond- ing period are Himachal Pradesh, AP&TG (Two combined projects in both states), Punjab, West Bengal, Jharkhand, Odisha, West Bengal, Gujarat, Maharashtra, Uttar Pradesh, Uttarakhand, Madhya Pradesh, Chhattisgarh, Telangana, Tamil Nadu, Karnataka and Kerala. Steady buying was seen in jeera market due to of strong export demand from China and Bangladesh. The sources stated that Bangladesh government has removed import duties from jeera which raises the exporter's inquiries in local mandi. Moreover, strong export orders from china due to limited stocks have also added gains in jeera physical market. The NCDEX June Jeera futures swelled by 0.75percent to close at Rs 16195 per quintal.
  • 6. DAILY REPORT 30 th MAY 2016 YOUR MINTVISORY Call us at +91-731-6642300 RBI Reference Rate Currency Rate Currency Rate Rupee- $ 67.0613 Yen-100 61.1200 Euro 75.0885 GBP 98.3923 CURRENCY USD/INR BUY USD/INR JUN ABOVE 67.48 TARGET 67.61 67.76 SL BE- LOW 67.28 SELL USD/INR JUN BELOW 67.28 TARGET 67.15 67 SL ABOVE 67.48 EUR/INR BUY EUR/INR JUN ABOVE 75.82 TARGET 75.97 76.17 SL BE- LOW 75.62 SELL EUR/INR JUN BELOW 75.32 TARGET 75.17 74.97 SL ABOVE 75.52 CURRENCY MARKET UPDATES: Extending its gains for the third straight day, the rupee to- day appreciated by 14 paise against the American currency to end at one-week high of 67.03 on the back of robust dollar inflows in equities. The domestic currency was fur- ther supported by unwinding of long-dollar positions by speculators and exporters. At the Interbank Foreign Ex- change (Forex) market, the domestic unit opened firmly higher at 67.02 compared to Thursday's finish of 67.17 on sustained dollar selling by banks and exporters. But it failed to maintain early momentum and retreated to touch a in- tra-day low of 67.12 in mid-morning deals on fresh bouts of dollar demand. However, rupee staged a dramatic re- covery in afternoon to reclaim the significant 66-mark to hit a high of 66.95 before ending the session at 67.03, re- vealing a smart gain of 14 paise, or 0.21 per cent. It has recovered 72 paise in three sessions. In cross-currency trades, the rupee continued to rule firm against the pound sterling and ended at 98.19 compared to 98.79 yesterday and recovered against the euro to con- clude at 74.85 from 75.10 earlier. The rupee on the other hand fell back against the yen to settle at 61.12 per 100 yens compared to 61.06. During the week, Indian ru- pee appreciated marginally by 0.51 per cent to 67.06 against dollar on May 27 from 67.40 on May 20. The U.S. dollar index hit a two-month high and U.S. bond prices fell on Friday after Federal Reserve Chair Janet Yellen said a U.S. interest rate hike will likely be appropri- ate in the coming months. Although they briefly trimmed gains on Yellen's remarks, U.S. stocks ended higher and the S&P 500 capped off its strongest week since March. MSCI's all-country world stock index .MIWD00000PUS had its best weekly performance since mid-April. The U.S. dollar index hit a two-month high and U.S. bond prices fell on Friday after Federal Reserve Chair Janet Yellen said a U.S. interest rate hike will likely be appropriate in the coming months. Although they briefly trimmed gains on Yellen's remarks, U.S. stocks ended higher and the S&P 500 capped off its strongest week since March. MSCI's all-country world stock index .MIWD00000PUS had its best weekly performance since mid-April.
  • 7. DAILY REPORT 30 th MAY 2016 YOUR MINTVISORY Call us at +91-731-6642300 Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 27/05/16 NCDEX DHANIYA JUNE BUY 6920 6965-7065 6855 NOT EXECUTED 27/05/16 NCDEX DHANIYA JUNE SELL 6800 6755-6655 6865 NOT EXECUTED 27/05/16 NCDEX GUARGUM JUNE BUY 5200 5250-5320 5140 BOOKED FULL PROFIT 27/05/16 NCDEX GUARGUM JUNE SELL 5100 5050-4980 5160 SL TRGGERED 27/05/16 MCX GOLD JUNE BUY 28820 28920-29000 28700 SL TRGGERED 27/05/16 MCX GOLD JUNE SELL 28700 28600-28500 28805 SL TRGGERED 27/05/16 MCX SILVER JUNE BUY 39200 39400-39600 38995 NOT EXECUTED 27/05/16 MCX SILVER JUNE SELL 38995 38800-38600 39205 BOOKED PROFIT Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 27/05/16 NIFTY FUTURE BUY 8075 8150-8250 7950 BOOKED PROFIT 27/05/16 TECHM FUTURE BUY 550 555-560 544 NOT EXECUTED 27/05/16 YESBANK FUTURE BUY 1020 1025-1035 1012 BOOKED PROFIT 27/05/16 KEC CASH BUY 140 142.5-143.5 138.2 CALL OPEN
  • 8. DAILY REPORT 30 th MAY 2016 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 ef- forts 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 investment decision. The report does not provide individually tailor-made invest- ment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages in- vestors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the infor- mation given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not nec- essarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without no- tice. 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 expressed 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 dis- claimer. 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 Pro- vided 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 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