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1. DAILY REPORT
04
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
European shares fell to a three-week low on Tuesday, with
Commerzbank leading the decline after a slump in profits
and mining stocks falling along with metals prices. Ger-
many's Commerzbank fell 9.6 percent after posting a 52
percent drop in first-quarter net profit, hit by volatile capi-
tal markets and low interest rates. Europe's biggest bank,
HSBC, which initially gained after it reported a smaller-than
-expected drop in profit, gave up its gains and ended down
1.6 percent. The STOXX Europe banking index fell 3.7 per-
cent and the basic resources index lost 6.4 percent. Prices
of major industrial metals fell after a survey released on
Tuesday showed Chinese manufacturing activity shrank for
a 14th straight month in April.
Asian markets traded on the back foot, after US stocks fell
overnight amid renewed global growth concerns and as oil
prices lost ground. In Sydney, the ASX 200 fell 1.23 percent,
weighed by losses in the energy subindex, down 3.48 per-
cent, and the materials subindex, which was lower by 4.47
percent. Chinese mainland markets opened flat to higher,
with the Shanghai composite was up 0.10 percent, while
the Shenzhen composite was 0.41 higher. Across the Ko-
rean strait, the Kospi was trading 0.55 percent lower. In
Hong Kong, the Hang Seng index shed 1.03 percent. Major
resource producers were all lower, with shares of Rio Tinto
falling 4.99% while Fortescue Metals was down 2.28%
Previous day Roundup
The market ended lower as selling pressure gripped Dalal
Street intraday after benchmark indices saw some smart
buying. Weak European markets made domestic investors
nervous while banks, IT and infra stocks skid. The Nifty
ended below the 7750-level, losing 58.90pts or 0.7 %at
7747 while Sensex slipped 207.27pts or 0.8 %at 25229.70.
EU has cuts euro zone growth and inflation forecasts which
dragged markets in the region. The European Comission
now sees euro zone GDP in 2016 at 1.6% from a previous
forecast of 1.7% growth. It also lowered its 2017 forecast to
1.8 %from 1.9%.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [down
68.30pts], Capital Goods [down 58.31Pts], PSU [down
76.50pts], FMCG [down 79.54Pts], Realty [up 4.34pts],
Power [down 9.57pts], Auto [down 62.03Pts], Healthcare
[down 112.95pts], IT [down 177.16pts], Metals [down
107.92Pts], TECK [down 59.18pts], Oil& Gas [down
97.62pts].
World Indices
Index Value % Change
D J l 17750.91 -0.78
S&P 500 2063.37 -0.87
NASDAQ 4763.22 -1.13
FTSE 100 6185.59 -0.90
Nikkei 225 16147.38 -3.11
Hong Kong 20451.78 -1.09
Top Gainers
Company CMP Change % Chg
AUROPHARMA 801.75 31.90 4.14
BHARTIARTL 366.00 8.20 2.29
INFRATEL 384.00 8.35 2.22
POWERGRID 145.15 2.30 1.61
IDEA 119.60 1.90 1.61
Top Losers
Company CMP Change % Chg
COALINDIA 277.95 8.85 -3.71
LUPIN 1,567.75 51.30 -3.17
BHEL 124.30 3.40 -2.66
AMBUJACEM 218.00 2.30 -2.59
ICICIBANK 221.20 5.55 -2.45
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
BIOCON 609.00 1.45 0.24
GRASIM 4,130.00 59.25 1.46
L&TFH 73.20 -2.15 -2.85
MARICO 254.95 -12.45 -4.66
PETRONET 272.30 5.40 2.02
Indian Indices
Company CMP Change % Chg
NIFTY 7747.00 -58.-90 -0.75
SENSEX 25229.70 -207.27 -0.81
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
GLOBOFFS 171.00 -3.05 -1.75
HCLTECH 728.10 -14.10 -1.90
ZEELEARN 29.10 0.20 0.69
- -
- -

2. DAILY REPORT
04
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH]
3. EROSMEDIA
Last trading session EROSMEDIA stock cross resistance
level and close with bullish candlestick in daily chart. So
above 226 we may see sharp rise for that it will be good to
buy around 225-226 for targets of 230-235 with SL of 220.
MACRO NEWS
 MMDR Amendment: LafargeHolcim likely to revive Birla
deal
 'Leader of emergency landings' unfair tag on Air India:
Govt
 P2P channels can change lending paradigm, say experts
 Banks not passing on RBI policy rate benefits: Cong in RS
 Increasing competition to impact TVS Motor's margins:
IIFL
 Paytm may begin payments bank operation in August
 Airtel rebrands Airtel M-Commerce Services as Airtel
Payments Bank; to launch in Q2 FY17
 Govt prepares framework to boost hydropower projects
 BHEL commissions 600 MW thermal power plant in
Madhya Pradesh
 Revised Qatar LNG deal cuts gas price to below $5 per
mmBtu
 BGR Energy executes dispute settlement pact with Hi-
tachi
 CIL trade union opposes investment in machines, fears
job loss
 Tata manufactured pipeline deepest in Gulf of Mexico
 Coal efficiency drive risks ire of powerful unions
 Re-examine Sun Pharma MRs' transfer case, Bombay HC
tells Industrial Court
 India to pay 1.5% interest on $6.5 bn Iran oil dues
 Adani Power board approves raising equity/bonds of up
to Rs 10,000 crore in next 12 months
 IFCI board approves selling remaining 3.05% stake held
by co in NSE
 Future Retail & Bharti Retail Demerger Scheme: 1 share
of Bharti Retail for 1 Share of FRL May 12th
STOCK RECOMMENDATIONS [FUTURE]
1. JUSTDIAL [FUTURE]
In Last session JUSTDIAL Future show under pressure during
the day And closed with bearish candlestick in daily chart,
while before last session stock break major support it is ma-
jor support level 800 and close below this level so we will
advise to sell below 795 for the target of 785-765 with stop
loss of 815.
2. AUROPHARMA [FUTURE]
Last trading session AUROPHARMA future top gainer in nifty
50 stocks. and Auropharma future cross strong trend line
resistance level 780 and show fresh buying, and close with
bullish candlestick in daily chart. Since last session it rose
with rising OI . So above 800 we may see sharp rise for that
it will be good to buy around 796-800 for the target of 810-
820 with SL of 780.

3. DAILY REPORT
04
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 8,000 42.75 3,63,212 50,37,975
NIFTY CE 8,100 24.00 2,11,474 43,46,025
BANKNIFTY CE 17,000 163.25 57,666 4,51,350
ICICIBANK CE 240 2.65 3,416 35,34,300
RELIANCE CE 1,000 16.00 3,357 9,25,500
SBIN CE 190 5.65 2,892 20,10,000
LT CE 1,300 18.00 2,327 2,56,800
TATASTEEL CE 360 10.00 1,967 9,78,000
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 7,800 135.85 3,02,521 34,50,150
NIFTY PE 7,700 95.25 2,72,727 44,23,275
BANKNIFTY PE 16,000 193.00 47,864 4,37,550
ICICIBANK PE 230 12.20 1,456 12,78,400
RELIANCE PE 980 22.50 1,439 3,81,000
TVSMOTOR PE 280 11.00 1,429 3,68,000
MARUTI PE 3,700 56.00 1,353 92,250
SBIN PE 180 6.10 1,335 12,32,000
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 25785 1410.61 42074 2394.64 274757 15669.89 -984.03
INDEX OPTIONS 549972 31621.65 541721 31184.34 859223 49520.72 437.31
STOCK FUTURES 89893 4590.25 97605 4991.42 964492 46342.50 -401.17
STOCK OPTIONS 48946 2442.77 48862 2428.24 38571 1905.17 14.52
TOTAL -933..37
STOCKS IN NEWS
 Liberty House to submit bid for Tata Steel UK
 Fitch affirms Tata Motors at 'BB' with stable outlook
 Emami premiumising talc and body spray
 JSW Energy To Acquire JSPL's 1,000 MW Chhattisgarh
Plant.
 Adani Ports Q4 Net Profit Up 38.3 percent At Rs 914 Cr
Vs Rs 661 Cr (YoY)
 DLF promoters scout for $2bn investment in rental biz
NIFTY FUTURE
Nifty in yesterday trading session remained bearish. In
initial hours Nifty went up but soon following the techni-
cal it came down and closed below the support. Now
Nifty seems to face more downside but it may also have
some support in near levels, for that we advise you to
sell Nifty below 7770 for small targets like 7720 and
7650 with strict stop loss of 7875
INDICES R2 R1 PIVOT S1 S2
BANK NIFTY 8014.20 7899 7834.55 7719.35 7654.90
NIFTY 16963.28 16714.77 16571.48 16322.97 16179.68

4. DAILY REPORT
04
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY ROUNDUP
Gold nursed small overnight losses on Tuesday, but the
metal wasn't too far from a 15-month high on dollar weak-
ness and as assets of the biggest bullion fund rose to their
highest in over two years. Spot gold was little changed at
$1,291.45 an ounce by 0050 GMT. The metal rose to its
highest since January 2015 of $1,303.60 but ended the day
lower by 0.2 per cent
Tracking a weak trend in base metals overseas and subdued
domestic demand, copper prices fell by 0.79% to Rs 333.30
per kg in futures trade, as traders trimmed positions. Ana-
lysts attributed the fall in copper futures to a weak trend in
base metals following disappointing China's latest PMI data.
At the Multi Commodity Exchange, copper for delivery in
June fell by Rs 2.65, or 0.79%, to Rs 333.30 per kg, in a busi-
ness turnover of 1,290 lots. The metal for delivery in far-
month August also fell by a similar margin to trade at Rs
337.65 per kg in a turnover of nine lots.
Crude oil futures eased in global markets today as weak eq-
uities hurt sentiments and ensured that a drop from four
month highs extend for the WTI. World stocks fell after
weak Chinese manufacturing data for April 2016. European
stocks were hit additionally by strength in the euro against
the dollar. The Caixin China general manufacturing purchas-
ing managers' index fell to 49.4 in April 2016 from 49.7 in
March 2016. Markets also eyed an unexpected interest rat
cut by the Reserve Bank of Australia. The bank reduced its
benchmark cash rate to 1.75% from 2% as inflationary pres-
sures were weaker than projected. WTI Crude futures
slipped near $44 per barrel and currently trade at $44.09
per barrel, down 1.54% on the day. MCX Crude oil futures
are trading at Rs 2942 per barrel, down 1.50% on the day
after failing to hold on above Rs 3000 mark.
Oil rallied in last few weeks. Amid improving market senti-
ment and a weakening dollar, the World Bank is raising its
2016 forecast for crude oil prices to $41 per barrel from $37
per barrel in its latest Commodity Markets Outlook, as an
oversupply in markets is expected to recede. The crude oil
market rebounded from a low of $25 per barrel in mid-
January to $40 per barrel in April following production dis-
ruptions in Iraq and Nigeria and a decline in non-
Organization of the Petroleum Exporting Countries produc-
tion, mainly US shale. A proposed production freeze by ma-
jor producers failed to materialize at a meeting in mid-April.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD JUN ABOVE 30300 TARGET 30390 30490 SL
30195
SELL GOLD JUN BELOW 30100 TARGET 30000 29800 SL
30205
SILVER
TRADING STRATEGY:
BUY SILVER JUN ABOVE 41700 TARGET 41900 42200 SL
41475
SELL SILVER JUN BELOW 41250 TARGET 41000 40700 SL
41400
MCX

5. DAILY REPORT
04
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
NCDEX INDICES
Index Value % Change
CHANA 1533 -1.06
CORIANDER 5361 +0.15
COTTON SEED 6978 -2.43
GUAR SEED 2277 -0.44
JEERA 3195 -3.91
MUSTARDSEED 16710 -3.88
SOY BEAN 4282 -1.52
SUGAR M GRADE 637.75 +0.32
TURMERIC 3300 -0.15
WHEAT 8580 -0.91
RECOMMENDATIONS
DHANIYA
BUY CORIANDER MAY ABOVE 7080 TARGET 7125 7225 SL
BELOW 7015
SELL CORIANDER MAY BELOW 6960 TARGET 6915 6815 SL
ABOVE 7025
GUARGUM
BUY GUARGUM MAY ABOVE 5790 TARGET 5840 5910 SL
BELOW 5730
SELL GUARGUM MAY BELOW 5590 TARGET 5540 5470 SL
ABOVE 5650
Cotton prices have increased by Rs 1,000 per candy in past
one week on the back of short supply. Good demand from
domestic mills coupled with expectation of fresh export
demand have helped push up cotton prices. During last one
week cotton prices have moved up from Rs 34,500 to Rs
35,500 per candy of 355 kg. Arrival of the commodity also
fell to 45,000 bales (a bale of 170 kg) as against 55,000
bales in past two weeks. As compared to last year's corre-
sponding period, current arrivals have been almost 44 per
cent lower. In May 2015, daily arrivals stood at about
80,000 bales.
The heat wave across northern and western India is not
only taking a heavy toll on health, but also pushing up
vegetable prices, particularly the green leafy kind,
across cities and towns. While vegetable prices tend to be
on the higher side during summers due to supply shortage,
prices started rising earlier than normal as temperatures
have been on the higher side since the first week of April.
India Meteorological Department has forecast that the cur-
rent phase of intense heat would continue for a few more
days over western Rajasthan, eastern Madhya Pradesh, Vi-
darbha region of Maharashtra, Odisha and Kerala.
NCDEX Guarseed futures tumbled extending their recent
gains to test a one month low as weak global demand and a
thin buying interest in local market hurt sentiments. There
are calls of a good monsoon in coming months and Guar,
being a primarily red-fed crop is likely to witness a spurt in
sowing if the monsoon turns in a good performance. The
benchmark NCDEX Guarseed futures for June have been
under pressure off late and continued to drop throughout
the session today. The contract tested a low of Rs 3260 per
quintal and currently trade at Rs 3270 per quintal, down
more than 3% on the day. The OI in the counter surged
around 7.40% on the day- reflecting heavy short selling.

6. DAILY REPORT
04
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 66.2698 Yen-100 62.6500
Euro 76.6145 GBP 97.5690
CURRENCY
USD/INR
BUY USD/INR MAY ABOVE 66.8 TARGET 66.93 67.08 SL BE-
LOW 66.6
SELL USD/INR MAY BELOW 66.7 TARGET 66.57 66.42 SL
ABOVE 66.9
EUR/INR
BUY EUR/INR MAY ABOVE 77.35 TARGET 77.5 77.7 SL BE-
LOW 77.15
SELL EUR/INR MAY BELOW 77.21 TARGET 77.06 76.86 SL
ABOVE 77.41
CURRENCY MARKET UPDATES:
The US dollar plummeted to a 16 month low against a bas-
ket of currencies on Tuesday, as the global currency came
under renewed selling pressure since the Federal Reserve
kept interest rates on hold last week and indicated that it
will stick to a cautious approach on future interest rate
increases. The dollar index fell to 16-month lows of 91.89
but recovered slightly to 92.37.
The European unit hit highs of 1.1615 versus the green-
back, the strongest level since August 25 2015 and was last
at 1.1590. The single common currency rose above $1.16
for the first time since August 2016 on Tuesday as the dol-
lar continued to weaken after Australia's central bank cuts
interest rates to record lows, sending the safe haven yen
surging higher. The Reserve Bank of Australia cut interest
rates to a record low 1.75% overnight, the first rate cut in a
year, in a bid to stave off the threat of deflation.
USD/JPY slumped to fresh 18-month lows of 105.55. The
dollar fell 4.5% against the yen last week, the worst weekly
performance since the 2008 global financial crisis after the
Bank of Japan held off from implementing fresh easing
measures on Thursday. The dollar has fallen 12% against
the yen since the start of the year. The yen has strength-
ened as investor uneasiness about the weakening global
economy and negative-interest-rate policies in Japan and
Europe boosted investor appetite for safe haven assets.
Meanwhile, sterling retreated from four month highs
against the dollar after data showing that U.K. manufactur-
ing activity contracted for the first time in over three years
in April. GBP/USD was last at 1.4680 after rising as high as
1.4769 earlier, the most since January 4. UK manufacturing
purchasing managers' index fell to 49.2 in April from a
downwardly revised reading of 50.7 in March. It was the
first time that the index fell below the 50.0 level separating
growth from contraction since March 2013, highlighting
concerns over a deepening slowdown in the sector at the
start of the second quarter.a

7. DAILY REPORT
04
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
03/05/16 NCDEX DHANIYA MAY BUY 7225 7270-7370 7160 NOT EXECUTED
03/05/16 NCDEX DHANIYA MAY SELL 7060 7015-6915 7125 BOOKED FULL PROFIT
03/05/16 NCDEX GUARGUM MAY BUY 5800 5750-5680 5880 NOT EXECUTED
03/05/16 NCDEX GUARGUM MAY SELL 5940 5990-6060 5880 BOOKED FULL PROFIT
03/05/16 MCX GOLD JUNE BUY 30550 30770-30900 30350 NOT EXECUTED
03/05/16 MCX GOLD JUNE SELL 30240 30100-29900 30490 NO PROFIT NO LOSS
03/05/16 MCX SILVER MAY BUY 42000 42300-42600 41700 BOOKED PROFIT
03/05/16 MCX SILVER MAY SELL 41100 40800-40500 41500 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
03/05/16 NIFTY FUTURE SELL 7800 7740-7650 7900 CALL OPEN
03/05/16 VEDL FUTURE BUY 109.5-100 111.5-114 107 NOT EXECUTED
03/05/16 TECHM FUTURE SELL 475 470-465 485 BOOKED PROFIT
03/05/16 KEC CASH BUY 133 137-142 127 SL TRIGGERED

8. DAILY REPORT
04
th
MAY 2016
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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Disclaimer
TIME REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, MAY 02
10 AM ISM APRIL -- 51.8%
10 AM CONSTRUCTION SPENDING MARCH -- -0.5%
TUESDAY, MAY 03
TBA MOTOR VEHICLE SALES APRIL -- 16.5 MLN
WEDNESDAY, MAY 04
8:15 AM ADP EMPLOYMENT APRIL -- 200,000
8:30 AM TRADE DEFICIT MARCH -- -$47.1 BLN
8:30 AM PRODUCTIVITY Q1 -- -2.2%
8:30 AM UNIT LABOR COSTS Q1 -- 3.3%
10 AM ISM NONMANUFACTURING APRIL -- 54.5%
10 AM FACTORY ORDERS MARCH -- -1.7%
THURSDAY, MAY 05
8:30 AM WEEKLY JOBLESS CLAIMS 4/30 N/A N/A
FRIDAY, MAY 06
8:30 AM NONFARM PAYROLLS APRIL -- 215,000
8:30 AM UNEMPLOYMENT RATE APRIL -- 5.0%
8:30 AM AVERAGE HOURLY EARNINGS APRIL -- 0.3%
3 PM CONSUMER CREDIT MARCH -- $17 BLN