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DAILY REPORT
26
th
AUGUST 2016
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
European equities fell on Thursday, dragged down by
weaker miners and drugmakers, with investors cutting their
exposure to riskier assets ahead of a key speech by Federal
Reserve Chair Janet Yellen on Friday. Although the Fed is
seen maintaining rates at its September meeting, expecta-
tions have risen that Yellen might indicate a clearer time-
frame for the next U.S. rate hike after this week's strong
housing data and hawkish comments by other Fed officials.
The pan-European STOXX 600 index closed 0.8% lower, also
weakened by a disappointing sentiment survey in Germany
and pulling back from a one-week high hit on Wednesday.
Asia opened lower on Friday, after most local markets re-
mained relatively flat throughout the week as traders
stayed on the sidelines, waiting for clues about US interest
rates from Jackson Hole. In Australia, the ASX 200 was
down 0.2 percent, with most sectors falling in early trade.
Japan's Nikkei 225 sold off 0.84 percent, after government
data released before market open showed the country's
consumer prices for July fell, prompting concerns over the
effectiveness of government stimulus. Across the Korean
Strait, the Kospi declined 0.58 percent. US stocks were
modestly lower on Thursday, weighed down by a drop in
healthcare and consumer names, while financials advanced
slightly after two more Fed officials pushed the case for a
rate hike. Healthcare stocks, down 0.8%, came under pres-
sure for a second straight day. St. Jude Medical shares fell
5% after short-selling firm Muddy Waters said it bet that
the shares would fall because of cyber security vulnerabili-
ties in the company's cardiac devices.
Previous day Roundup
A slide in the last two hours saw the Nifty slip below 8600
for first time in nine trading sessions dragged by global
cues and expiry jitters. The 50-share index ended down
58.10 points or 0.7 percent at 8592.20 while the Sensex
slipped 224.03 points or 0.8 percent at 27835.91. In August
series, Nifty closed down 0.9 percent while Sensex slipped
1.3 percent. Nifty Midcap index was up 2.7 percent and
BSE Small Cap index up 1.8 percent.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up pts],
Capital Goods [down 100.91 pts], PSU [down30.45 pts],
FMCG [up 26.77 Pts], Realty [down 9.23 pts], Power [down
8.98 pts], Auto [down 126.74 pts], Healthcare [down 62.16
pts], IT [down 136.76 pts], Metals [down 143.37 pts], TECK
[down 79.43 pts], Oil& Gas [up 31.61 pts].
World Indices
Index Value % Change
DJI 18459.00 +0.06
S&P500 2174.75 +0.06
NASDAQ 5212.50 -0.11
FTSE100 6816.50 +0.01
NIKKEI 16409.79 -0.88
HANG SENG 22963.72 +0.65
Top Gainers
Company CMP Change % Chg
BHEL 141.20 4.40 3.22
BPCL 595.60 13.85 2.38
GAIL 373.20 7.65 2.09
ITC 253.00 2.75 1.10
HCLTECH 798.00 7.65 0.97
Top Losers
Company CMP Change % Chg
WIPRO 503.30 -16.85 -3.15
ADANIPORTS 262.30 -7.80 -2.89
IDEA 95.70 -2.65 -2.69
ZEEL 510.50 -11.30 -2.17
TECHM 457.25 -9.80 -2.10
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
AIFL 344.25 0.20 0.06
ASTEC 423.00 5.65 1.35
BEARDSELL 151.90 7.20 4.98
BIRLACOT 0.10 0.05 100.00
BODALCHEM 116.50 -1.35 -1.15
BRITANNIA 3,466.00 33.05 0.96
CCL 280.00 -0.80 -0.28
Indian Indices
Company CMP Change % Chg
NIFTY 8592.20 -58.10 -0.67
SENSEX 27835.91 -224.03 -0.80
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
BIRLACOT 0.10 0.05 100.00
GLAXO 3,005.00 -46.15 -1.51
KELLTONTEC 116.00 -12.90 -10.01
DAILY REPORT
26
th
AUGUST 2016
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH]
ORIENTAL BANK [CASH]
On the daily chart ORIENT BANK OF COMMERCE has re-
vised from trendline support in previous sessions and is
trading near resistance level of 119, the stock has made
doji candlestick on daily chart yesterday session. So we
advise you to buy around 119-119.50 for the targets of
121 123 with stoploss below 117.
MACRO NEWS
 Results today: Tata Motors
 PFC ex date for 1:1 bonus. Adjusted F&O lot size of 6000
 HCL tech to move into cloud automation and IP products
 SBI and PNB on a drive to action properties Blackstone
sold 3.25% stake in NCC
 DHFL to raise 10,000 cr via NCD
 Karnataka Bank launches KBL SMARTz app built on uni-
fied payments interface
 LIC Housing to issue NCDs and / or other hybrid instru-
ments up to Rs47k cr
 Gujarat Sidhee Cement: Seeks Shareholders Nod To Give
SERI Infra Option To Convert Its Defaulted Loan Into Eq-
uity
 Solid waste from Ghazipur site to help make national
highway
 Cable cos bringing own OTT services amid competition
 Steel Ministry seeks higher supply of coking coal
 India's GDP to expand by 7.9% this financial year
 Make vehicle scrapping mandatory, start with heavy ve-
hicles
 Indian start-up Witworks raises funding to build smart-
watch
 Natco Pharma gets EIR from USFDA for Chennai facility
 Welspun scandal follows years of plummeting Egyptian
cotton output
 Patanjali to overhaul supply chain to meet growth tar-
gets
 RBI issues clarification on S4A norms for NPAs to banks
 Idea has earmarked Rs 15,000cr for spectrum auction
 ICRA pegs first quarter GDP growth flat at 7.2%
STOCK RECOMMENDATIONS [FUTURE]
1. SUNPHARMA [FUTURE]
Last trading session SUNPHARMA Future show under pres-
sure during the day.And closed near to major support level
with bearish candlestick in daily chart,while before last ses-
sion stock it rose with rising OI in short side, we may seen
sharp fall this stock ahead,we will advise to sell below 765
for the target of 758-748 with stop loss of 776.
2. ASIANPAINTS[FUTURE]
ASIANPAINT in last trading session show some pressure at
higher level and closed near major support level with a bear-
ish candlestick on daily chart,and last session asianpaint fu-
ture open flate but after that profit booking at higher level
and have a correct around 20 points at higher level but take
support 1111 level. So We advise you to sell below 1110 for
the targets of 1100-1090 with strict stop loss of 1123.
DAILY REPORT
26
th
AUGUST 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 8,700 0.05 9,48,506 81,41,250
NIFTY CE 8,650 0.05 6,86,299 54,49,425
BANKNIFTY CE 19,500 0.05 2,91,069 14,77,400
SBIN CE 255 0.05 9,653 38,97,000
SBIN CE 260 0.05 7,215 66,12,000
RELCAPITAL CE 500 0.05 6,306 13,69,500
AUROPHRM CE 800 0.05 6,213 7,25,900
ICICIBANK CE 250 0.05 5,110 48,22,500
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 8,600 8.50 11,70,328 22,93,575
NIFTY PE 8,650 59.15 5,93,048 8,39,175
BANKNIFTY PE 19,300 0.25 3,66,208 4,65,680
SBIN PE 250 0.10 10,505 49,98,000
MARUTI PE 4,900 0.05 3,594 68,850
SBIN PE 255 4.70 3,370 11,61,000
INFY PE 1,040 2.60 2,837 1,99,000
RELIANCE PE 1,020 2.00 2,414 2,57,000
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 104749 7135.85 90632 6193.54 343897 22720.99 942.31
INDEX OPTIONS 692228 47416.84 693590 47524.16 751220 48615.18 -107.32
STOCK FUTURES 332992 22084.09 358773 23647.89 799991 52381.40 -1563.81
STOCK OPTIONS 37297 2602.07 35605 2497.24 2842 180.89 104.82
TOTAL -623.99
STOCKS IN NEWS
 Tata Power consumer base crosses 2 mn mark
 IOC to consider issuing bonus shares to shareholders
 HDFC to issue NCDs worth Rs 500 cr tomorrow
 IL&FS Transportation to sell APEL for Rs 140 cr
 Ramco Systems’ arm bags order in APAC
 PNC Infratech Q1 net jumps over 2-fold to Rs 54.20 cr
 AstraZeneca Pharma tanks 8% on termination of ser-
vices for Meronem
 DHFL raise Rs 10,000cr via NCDs, issue open on Aug 29
 IDBI Bank opts for AT-1 bonds to raise Rs 1,500 cr
NIFTY FUTURE
NIFTY in last trading session saw selling pressure and
remained bearish through out the day and also closed
with the indications of more bearishness. RSI is also indi-
cating weakness in the market. So we advise you to sell
Nifty below 8600 for the targets of 8580 and 8500 with
strict stop loss of 8720
INDICES R2 R1 PIVOT S1 S2
NIFTY 8719.00 8655.60 8619.60 8556.20 8520.20
BANKNIFTY 19489.00 19396.00 19339.00 19246.00 19189.00
DAILY REPORT
26
th
AUGUST 2016
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY ROUNDUP
Gold continued to extend losses today. India's precious met-
als imports continued to drop. The country imported Gold
worth Rs 7245.93 Crores in July 2016, down 61.61% on year.
Silver imports stood at Rs 366.82 Crores, down nearly 80%.
In Dollar terms, Gold imports tumbled 63.55% to $1078.14
Million while Silver purchases crashed 80.24% to $54.58
Million. COMEX Gold is down 0.54% at $1322 per ounce.
These are the lowest levels in last one month for the
counter. MCX Gold is also off 0.41% at 30920 per 10 grams,
breaking well below Rs 31K.
Oil prices edged down again in Asian trade today, a day af-
ter suffering hefty losses in response to data showing a sur-
prise jump in US stockpiles, while hopes for a deal to limit
output were dealt a blow. The US energy department said
Wednesday that inventories soared 2.5 million barrels last
week, confounding forecasts for a fall and fanning worries
about a global supply glut. Both main contracts plunged on
the news, with West Texas Intermediate (WTI) shedding 2.8
per cent and Brent down 1.8 per cent Wednesday.
Copper prices fell to eight-week lows on Wednesday as ris-
ing inventories in Asian warehouses fueled fears about
weaker demand ahead in top consumer China. A stronger
dollar, eroding the purchasing power of commodity buyers
outside the US, and slide in oil prices also pressured indus-
trial metals prices. The rise in mine supply in the first half of
the year came mostly from Peru, much of it ending up in
China to be processed into refined metal by local smelters.
Chinese imports of copper ores and concentrates from Peru
nearly doubled to more 2.43 million tons in the seven
months to July. In May, buyers in China stocked up on the
metal following a price tumble as China's stimulus measures
raised the country's growth prospects.
According to the India Ministry of plan implementation and
statistics in June, India's forecast industrial production index
rose 2.1% year on year. In June this year, India's manufac-
turing production index rose 0.9% year on year; industrial
output of the basic metals industry rose 4.3% year on year;
index of output of metal products (except machinery and
equipment) rose by 8.3% year on year. On the other hand,
India's June output value of motor vehicles, trailers and
semi-trailers increased 8.8% year on year. India MCX Copper
was trading at Rs 308.40 per kg, down 0.08%. The prices
was trading at Rs 309.9 per kg, and low of Rs 308.10 per kg.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 31000 TGT 31100 31300 SL 30900
SELL GOLD BELOW 30800 TGT 30700 30500 SL 30900
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 44510 TGT 44710 45310 SL 45310
SELL SILVER BELOW 43510 TGT 43310 42710 SL 43710
MCX
DAILY REPORT
26
th
AUGUST 2016
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
NCDEX INDICES
Index Value % Change
BARLEY 1530 -1.45
CORIANDER 7762 +0.12
COTTON SEED 2373 -1.66
GUAR SEED 3539 -2.53
JEERA 17905 -2.29
MAIZE 1491 +0.88
MUSTARDSEED 4643 -1.13
REF SOYA OIL 651.25 -1.03
SUGAR M GRADE 3468 -0.14
TURMERIC 7430 +0.16
RECOMMENDATIONS
DHANIYA
BUY CORIANDER SEP ABOVE 7830 TARGET 7875 7975 SL
BELOW 7765
SELL CORIANDER SEP BELOW 7730 TARGET 7685 7585 SL
ABOVE 7795
GUARGUM
BUY GUARGUM OCT ABOVE 6410 TARGET 6460 6530 SL
BELOW 6350
SELL GUARGUM OCT BELOW 6320 TARGET 6270 6200 SL
ABOVE 6380
A sharp increase in the realisation from sugar and ethanol
helped sugar mills post stellar profit for the April-June quar-
ter this year. The trend is likely to continue in coming quar-
ters as well on expectations of huge inventories of sugar
and ethanol, the two sectors contributing over 90 per cent
of sugar companies' turnover. Uttar Pradesh-
based Balrampur Chini posted a net profit of Rs 110.7 crore
for the quarter ended June '16 compared with a net loss of
Rs 70.4 crore reported in the corresponding quarter last
year. Profit of Sakthi Sugars also shot up to Rs 79 crore in
the April-June quarter of the current year from a loss of Rs
22.8 crore in the same period last year.
Stockiest selling was seen in mustard seed futures on the
account of strong sowing progress of kharif oilseeds along
with weak mustard meal export demand. As per official
data, the overall sowing acreage of kharif oilseeds has been
reported at 149.60 lakh hectares , up 6 % from last year.
Moreover, weakness in mustard meal oilseeds also added
selling in local mandies. As per the latest release from Sol-
vent Extractors' Association of India , the export of oilmeals
during July 2016 is reported at 0.46 lakh tons compared to
0.80 lakh tons of the last year in the same period. The
NCDEX August futures declined by 1.15 percent to settle at
Rs 4625 per quintal.
Pulses production might touch a record 20 mt in 2016-17,
the highest since 1957, since sowing area is up 35 per cent
from last year in the ongoing kharif season. Encouraged by
better returns, farmers have diverted area to pulses from
rice, coarse grains and soyabean in many states. A rise of Rs
600 a quintal in the average Minimum Support Price (MSP)
for pulses has played a major role in this.
DAILY REPORT
26
th
AUGUST 2016
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 67.087 Yen-100 66.840
Euro 75.594 GBP 88.656
CURRENCY
USD/INR
BUY USD/INR AUG ABOVE 67.08 TARGET 67.21 67.36 SL BE-
LOW 66.88
SELL USD/INR AUG BELOW 67.05 TARGET 66.92 66.77 SL
ABOVE 67.25
EUR/INR
BUY EUR/INR AUG ABOVE 75.71 TARGET 75.86 76.06 SL BE-
LOW 75.51
SELL EUR/INR AUG BELOW 75.67 TARGET 75.52 75.32 SL
ABOVE 75.87
CURRENCY MARKET UPDATES:
Indian rupee closed with gains of 5 paise at 67.05
against the US dollar at the Interbank Foreign Ex-
change (Forex) market on Thursday following selling
of American currency by exporters and banks. It
opened at 67.08 level . The local currency had ended
at 67.10 on Wednesday. Domestic equity markets
failed to mainatin their early gains and closed lower
on profit booking on F&O expiry day. Investors also
turned cautious awaiting US Federal Reserve chair
Janet Yellen’s speech, which could provide a clue on
further interest rates hike or cut. Sensex ended at
27,835.91 by falling 224.03 points, while NSE Nifty
ended below 8,600 level and settled at 8,592.20 by
falling 58.10 points.
India rupee hovered in 67.0137 and 67.1087 range on
Thursday. Dollar’s weakness against emerging market
currencies also supported the rupee as world central
bank heads gather in Jackson Hole, Wyoming for an
annual meeting. Yellen is expected to offer new point-
ers on US monetary policy at the meeting. Recent
hawkish statements by Fed officials including Vice
Chairman Stanley Fischer and New York Fed President
William Dudley have made some investors to hope
that US interest rates will rise sooner rather than
later, and some believe Yellen could echo their sig-
nals.
The dollar slipped lower against the other major cur-
rencies on Thursday, as investors grew more and
more cautious ahead of Federal Reserve Chair Janet
Yellen's highly-awaited speech on Friday. EUR/USD
rose 0.21% to 1.1288.
DAILY REPORT
26
th
AUGUST 2016
YOUR MINTVISORY Call us at +91-731-6642300
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
25/08/16 NCDEX DHANIYA SEP. BUY 7820 7865-7965 7755 NOT EXECUTED
25/08/16 NCDEX DHANIYA SEP. SELL 7730 7685-7585 7795 1ST TARGET
25/08/16 NCDEX GUARGUM OCT. BUY 6600 6660-6720 6540 NOT EXECUTED
25/08/16 NCDEX GUARGUM OCT. SELL 6530 6480-6410 6590 1ST TARGET
25/08/16 MCX GOLD OCT BUY 31250 31350-31650 31150 NOT EXECUTED
25/08/16 MCX GOLD OCT. SELL 31000 30900-30700 31100 1ST TARGET
25/08/16 MCX SILVER SEPT. BUY 44500 44700-45500 44300 NOT EXECUTED
25/08/16 MCX SILVER SEPT. SELL 43710 43510-42810 43910 NO PROFIT NO LOSS
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
25/08/16 NIFTY FUTURE BUY 8710 8800-890 8600 NOT EXECUTED
25/08/16 CANBK FUTURE BUY 272 275-280 268 PROFIT BOOKED
25/08/16 KSCL FUTURE BUY 381 386-395 373 PROFIT BOOKED
25/08/16 VOLTAS CASH BUY 387-388 393-396 384 SL TRIGGERED
24/08/16 ASHOKLEY CASH BUY 88 89.50-90.50 87 PROFIT BOOKED
24/08/16 ZEEL FUTURE BUY 520 528-535 510 SL TRIGGERED
DAILY REPORT
26
th
AUGUST 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 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 per-
sonal 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 investment advice. Epic research recommends that investors independently evaluate par-
ticular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any trans-
action conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projec-
tions 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 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 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 invi-
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Legal Actions can be taken.
Disclaimer
TIME REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, AUG. 22
NONE SCHEDULED
TUESDAY, AUG. 23
9:45 AM MARKIT PMI (FLASH) AUG. 52.9
10 AM NEW HOME SALES JULY 592,000
WEDNESDAY, AUG. 24
10 AM EXISTING HOME SALES JULY 5.57 MLN
THURSDAY, AUG. 25
8:30 AM WEEKLY JOBLESS CLAIMS 8/20 N/A N/A
8:30 AM DURABLE GOODS ORDERS JULY -3.9%
8:30 AM CORE CAPITAL GOODS ORDERS JULY -- 0.4%
9:45 AM MARKIT SERVICES PMI (FLASH) AUG. -- 51.4
FRIDAY, AUG. 26
8:30 AM GROSS DOMESTIC PRODUCT 2Q 1.2% (2Q)
8:30 AM ADVANCE TRADE IN GOODS JULY -$63.3BLN
10 AM CONSUMER SENTIMENT AUG. 90.4 (AUG.)
TBA JANET YELLEN SPEECH, JACKSON HOLE

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Epic research special stock market report 26th aug 2016

  • 1. DAILY REPORT 26 th AUGUST 2016 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance European equities fell on Thursday, dragged down by weaker miners and drugmakers, with investors cutting their exposure to riskier assets ahead of a key speech by Federal Reserve Chair Janet Yellen on Friday. Although the Fed is seen maintaining rates at its September meeting, expecta- tions have risen that Yellen might indicate a clearer time- frame for the next U.S. rate hike after this week's strong housing data and hawkish comments by other Fed officials. The pan-European STOXX 600 index closed 0.8% lower, also weakened by a disappointing sentiment survey in Germany and pulling back from a one-week high hit on Wednesday. Asia opened lower on Friday, after most local markets re- mained relatively flat throughout the week as traders stayed on the sidelines, waiting for clues about US interest rates from Jackson Hole. In Australia, the ASX 200 was down 0.2 percent, with most sectors falling in early trade. Japan's Nikkei 225 sold off 0.84 percent, after government data released before market open showed the country's consumer prices for July fell, prompting concerns over the effectiveness of government stimulus. Across the Korean Strait, the Kospi declined 0.58 percent. US stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced slightly after two more Fed officials pushed the case for a rate hike. Healthcare stocks, down 0.8%, came under pres- sure for a second straight day. St. Jude Medical shares fell 5% after short-selling firm Muddy Waters said it bet that the shares would fall because of cyber security vulnerabili- ties in the company's cardiac devices. Previous day Roundup A slide in the last two hours saw the Nifty slip below 8600 for first time in nine trading sessions dragged by global cues and expiry jitters. The 50-share index ended down 58.10 points or 0.7 percent at 8592.20 while the Sensex slipped 224.03 points or 0.8 percent at 27835.91. In August series, Nifty closed down 0.9 percent while Sensex slipped 1.3 percent. Nifty Midcap index was up 2.7 percent and BSE Small Cap index up 1.8 percent. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up pts], Capital Goods [down 100.91 pts], PSU [down30.45 pts], FMCG [up 26.77 Pts], Realty [down 9.23 pts], Power [down 8.98 pts], Auto [down 126.74 pts], Healthcare [down 62.16 pts], IT [down 136.76 pts], Metals [down 143.37 pts], TECK [down 79.43 pts], Oil& Gas [up 31.61 pts]. World Indices Index Value % Change DJI 18459.00 +0.06 S&P500 2174.75 +0.06 NASDAQ 5212.50 -0.11 FTSE100 6816.50 +0.01 NIKKEI 16409.79 -0.88 HANG SENG 22963.72 +0.65 Top Gainers Company CMP Change % Chg BHEL 141.20 4.40 3.22 BPCL 595.60 13.85 2.38 GAIL 373.20 7.65 2.09 ITC 253.00 2.75 1.10 HCLTECH 798.00 7.65 0.97 Top Losers Company CMP Change % Chg WIPRO 503.30 -16.85 -3.15 ADANIPORTS 262.30 -7.80 -2.89 IDEA 95.70 -2.65 -2.69 ZEEL 510.50 -11.30 -2.17 TECHM 457.25 -9.80 -2.10 Stocks at 52 Week’s HIGH Symbol Prev. Close Change %Chg AIFL 344.25 0.20 0.06 ASTEC 423.00 5.65 1.35 BEARDSELL 151.90 7.20 4.98 BIRLACOT 0.10 0.05 100.00 BODALCHEM 116.50 -1.35 -1.15 BRITANNIA 3,466.00 33.05 0.96 CCL 280.00 -0.80 -0.28 Indian Indices Company CMP Change % Chg NIFTY 8592.20 -58.10 -0.67 SENSEX 27835.91 -224.03 -0.80 Stocks at 52 Week’s LOW Symbol Prev. Close Change %Chg BIRLACOT 0.10 0.05 100.00 GLAXO 3,005.00 -46.15 -1.51 KELLTONTEC 116.00 -12.90 -10.01
  • 2. DAILY REPORT 26 th AUGUST 2016 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATION [CASH] ORIENTAL BANK [CASH] On the daily chart ORIENT BANK OF COMMERCE has re- vised from trendline support in previous sessions and is trading near resistance level of 119, the stock has made doji candlestick on daily chart yesterday session. So we advise you to buy around 119-119.50 for the targets of 121 123 with stoploss below 117. MACRO NEWS  Results today: Tata Motors  PFC ex date for 1:1 bonus. Adjusted F&O lot size of 6000  HCL tech to move into cloud automation and IP products  SBI and PNB on a drive to action properties Blackstone sold 3.25% stake in NCC  DHFL to raise 10,000 cr via NCD  Karnataka Bank launches KBL SMARTz app built on uni- fied payments interface  LIC Housing to issue NCDs and / or other hybrid instru- ments up to Rs47k cr  Gujarat Sidhee Cement: Seeks Shareholders Nod To Give SERI Infra Option To Convert Its Defaulted Loan Into Eq- uity  Solid waste from Ghazipur site to help make national highway  Cable cos bringing own OTT services amid competition  Steel Ministry seeks higher supply of coking coal  India's GDP to expand by 7.9% this financial year  Make vehicle scrapping mandatory, start with heavy ve- hicles  Indian start-up Witworks raises funding to build smart- watch  Natco Pharma gets EIR from USFDA for Chennai facility  Welspun scandal follows years of plummeting Egyptian cotton output  Patanjali to overhaul supply chain to meet growth tar- gets  RBI issues clarification on S4A norms for NPAs to banks  Idea has earmarked Rs 15,000cr for spectrum auction  ICRA pegs first quarter GDP growth flat at 7.2% STOCK RECOMMENDATIONS [FUTURE] 1. SUNPHARMA [FUTURE] Last trading session SUNPHARMA Future show under pres- sure during the day.And closed near to major support level with bearish candlestick in daily chart,while before last ses- sion stock it rose with rising OI in short side, we may seen sharp fall this stock ahead,we will advise to sell below 765 for the target of 758-748 with stop loss of 776. 2. ASIANPAINTS[FUTURE] ASIANPAINT in last trading session show some pressure at higher level and closed near major support level with a bear- ish candlestick on daily chart,and last session asianpaint fu- ture open flate but after that profit booking at higher level and have a correct around 20 points at higher level but take support 1111 level. So We advise you to sell below 1110 for the targets of 1100-1090 with strict stop loss of 1123.
  • 3. DAILY REPORT 26 th AUGUST 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 8,700 0.05 9,48,506 81,41,250 NIFTY CE 8,650 0.05 6,86,299 54,49,425 BANKNIFTY CE 19,500 0.05 2,91,069 14,77,400 SBIN CE 255 0.05 9,653 38,97,000 SBIN CE 260 0.05 7,215 66,12,000 RELCAPITAL CE 500 0.05 6,306 13,69,500 AUROPHRM CE 800 0.05 6,213 7,25,900 ICICIBANK CE 250 0.05 5,110 48,22,500 MOST ACTIVE PUT OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY PE 8,600 8.50 11,70,328 22,93,575 NIFTY PE 8,650 59.15 5,93,048 8,39,175 BANKNIFTY PE 19,300 0.25 3,66,208 4,65,680 SBIN PE 250 0.10 10,505 49,98,000 MARUTI PE 4,900 0.05 3,594 68,850 SBIN PE 255 4.70 3,370 11,61,000 INFY PE 1,040 2.60 2,837 1,99,000 RELIANCE PE 1,020 2.00 2,414 2,57,000 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 104749 7135.85 90632 6193.54 343897 22720.99 942.31 INDEX OPTIONS 692228 47416.84 693590 47524.16 751220 48615.18 -107.32 STOCK FUTURES 332992 22084.09 358773 23647.89 799991 52381.40 -1563.81 STOCK OPTIONS 37297 2602.07 35605 2497.24 2842 180.89 104.82 TOTAL -623.99 STOCKS IN NEWS  Tata Power consumer base crosses 2 mn mark  IOC to consider issuing bonus shares to shareholders  HDFC to issue NCDs worth Rs 500 cr tomorrow  IL&FS Transportation to sell APEL for Rs 140 cr  Ramco Systems’ arm bags order in APAC  PNC Infratech Q1 net jumps over 2-fold to Rs 54.20 cr  AstraZeneca Pharma tanks 8% on termination of ser- vices for Meronem  DHFL raise Rs 10,000cr via NCDs, issue open on Aug 29  IDBI Bank opts for AT-1 bonds to raise Rs 1,500 cr NIFTY FUTURE NIFTY in last trading session saw selling pressure and remained bearish through out the day and also closed with the indications of more bearishness. RSI is also indi- cating weakness in the market. So we advise you to sell Nifty below 8600 for the targets of 8580 and 8500 with strict stop loss of 8720 INDICES R2 R1 PIVOT S1 S2 NIFTY 8719.00 8655.60 8619.60 8556.20 8520.20 BANKNIFTY 19489.00 19396.00 19339.00 19246.00 19189.00
  • 4. DAILY REPORT 26 th AUGUST 2016 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY ROUNDUP Gold continued to extend losses today. India's precious met- als imports continued to drop. The country imported Gold worth Rs 7245.93 Crores in July 2016, down 61.61% on year. Silver imports stood at Rs 366.82 Crores, down nearly 80%. In Dollar terms, Gold imports tumbled 63.55% to $1078.14 Million while Silver purchases crashed 80.24% to $54.58 Million. COMEX Gold is down 0.54% at $1322 per ounce. These are the lowest levels in last one month for the counter. MCX Gold is also off 0.41% at 30920 per 10 grams, breaking well below Rs 31K. Oil prices edged down again in Asian trade today, a day af- ter suffering hefty losses in response to data showing a sur- prise jump in US stockpiles, while hopes for a deal to limit output were dealt a blow. The US energy department said Wednesday that inventories soared 2.5 million barrels last week, confounding forecasts for a fall and fanning worries about a global supply glut. Both main contracts plunged on the news, with West Texas Intermediate (WTI) shedding 2.8 per cent and Brent down 1.8 per cent Wednesday. Copper prices fell to eight-week lows on Wednesday as ris- ing inventories in Asian warehouses fueled fears about weaker demand ahead in top consumer China. A stronger dollar, eroding the purchasing power of commodity buyers outside the US, and slide in oil prices also pressured indus- trial metals prices. The rise in mine supply in the first half of the year came mostly from Peru, much of it ending up in China to be processed into refined metal by local smelters. Chinese imports of copper ores and concentrates from Peru nearly doubled to more 2.43 million tons in the seven months to July. In May, buyers in China stocked up on the metal following a price tumble as China's stimulus measures raised the country's growth prospects. According to the India Ministry of plan implementation and statistics in June, India's forecast industrial production index rose 2.1% year on year. In June this year, India's manufac- turing production index rose 0.9% year on year; industrial output of the basic metals industry rose 4.3% year on year; index of output of metal products (except machinery and equipment) rose by 8.3% year on year. On the other hand, India's June output value of motor vehicles, trailers and semi-trailers increased 8.8% year on year. India MCX Copper was trading at Rs 308.40 per kg, down 0.08%. The prices was trading at Rs 309.9 per kg, and low of Rs 308.10 per kg. RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 31000 TGT 31100 31300 SL 30900 SELL GOLD BELOW 30800 TGT 30700 30500 SL 30900 SILVER TRADING STRATEGY: BUY SILVER ABOVE 44510 TGT 44710 45310 SL 45310 SELL SILVER BELOW 43510 TGT 43310 42710 SL 43710 MCX
  • 5. DAILY REPORT 26 th AUGUST 2016 YOUR MINTVISORY Call us at +91-731-6642300 NCDEX NCDEX INDICES Index Value % Change BARLEY 1530 -1.45 CORIANDER 7762 +0.12 COTTON SEED 2373 -1.66 GUAR SEED 3539 -2.53 JEERA 17905 -2.29 MAIZE 1491 +0.88 MUSTARDSEED 4643 -1.13 REF SOYA OIL 651.25 -1.03 SUGAR M GRADE 3468 -0.14 TURMERIC 7430 +0.16 RECOMMENDATIONS DHANIYA BUY CORIANDER SEP ABOVE 7830 TARGET 7875 7975 SL BELOW 7765 SELL CORIANDER SEP BELOW 7730 TARGET 7685 7585 SL ABOVE 7795 GUARGUM BUY GUARGUM OCT ABOVE 6410 TARGET 6460 6530 SL BELOW 6350 SELL GUARGUM OCT BELOW 6320 TARGET 6270 6200 SL ABOVE 6380 A sharp increase in the realisation from sugar and ethanol helped sugar mills post stellar profit for the April-June quar- ter this year. The trend is likely to continue in coming quar- ters as well on expectations of huge inventories of sugar and ethanol, the two sectors contributing over 90 per cent of sugar companies' turnover. Uttar Pradesh- based Balrampur Chini posted a net profit of Rs 110.7 crore for the quarter ended June '16 compared with a net loss of Rs 70.4 crore reported in the corresponding quarter last year. Profit of Sakthi Sugars also shot up to Rs 79 crore in the April-June quarter of the current year from a loss of Rs 22.8 crore in the same period last year. Stockiest selling was seen in mustard seed futures on the account of strong sowing progress of kharif oilseeds along with weak mustard meal export demand. As per official data, the overall sowing acreage of kharif oilseeds has been reported at 149.60 lakh hectares , up 6 % from last year. Moreover, weakness in mustard meal oilseeds also added selling in local mandies. As per the latest release from Sol- vent Extractors' Association of India , the export of oilmeals during July 2016 is reported at 0.46 lakh tons compared to 0.80 lakh tons of the last year in the same period. The NCDEX August futures declined by 1.15 percent to settle at Rs 4625 per quintal. Pulses production might touch a record 20 mt in 2016-17, the highest since 1957, since sowing area is up 35 per cent from last year in the ongoing kharif season. Encouraged by better returns, farmers have diverted area to pulses from rice, coarse grains and soyabean in many states. A rise of Rs 600 a quintal in the average Minimum Support Price (MSP) for pulses has played a major role in this.
  • 6. DAILY REPORT 26 th AUGUST 2016 YOUR MINTVISORY Call us at +91-731-6642300 RBI Reference Rate Currency Rate Currency Rate Rupee- $ 67.087 Yen-100 66.840 Euro 75.594 GBP 88.656 CURRENCY USD/INR BUY USD/INR AUG ABOVE 67.08 TARGET 67.21 67.36 SL BE- LOW 66.88 SELL USD/INR AUG BELOW 67.05 TARGET 66.92 66.77 SL ABOVE 67.25 EUR/INR BUY EUR/INR AUG ABOVE 75.71 TARGET 75.86 76.06 SL BE- LOW 75.51 SELL EUR/INR AUG BELOW 75.67 TARGET 75.52 75.32 SL ABOVE 75.87 CURRENCY MARKET UPDATES: Indian rupee closed with gains of 5 paise at 67.05 against the US dollar at the Interbank Foreign Ex- change (Forex) market on Thursday following selling of American currency by exporters and banks. It opened at 67.08 level . The local currency had ended at 67.10 on Wednesday. Domestic equity markets failed to mainatin their early gains and closed lower on profit booking on F&O expiry day. Investors also turned cautious awaiting US Federal Reserve chair Janet Yellen’s speech, which could provide a clue on further interest rates hike or cut. Sensex ended at 27,835.91 by falling 224.03 points, while NSE Nifty ended below 8,600 level and settled at 8,592.20 by falling 58.10 points. India rupee hovered in 67.0137 and 67.1087 range on Thursday. Dollar’s weakness against emerging market currencies also supported the rupee as world central bank heads gather in Jackson Hole, Wyoming for an annual meeting. Yellen is expected to offer new point- ers on US monetary policy at the meeting. Recent hawkish statements by Fed officials including Vice Chairman Stanley Fischer and New York Fed President William Dudley have made some investors to hope that US interest rates will rise sooner rather than later, and some believe Yellen could echo their sig- nals. The dollar slipped lower against the other major cur- rencies on Thursday, as investors grew more and more cautious ahead of Federal Reserve Chair Janet Yellen's highly-awaited speech on Friday. EUR/USD rose 0.21% to 1.1288.
  • 7. DAILY REPORT 26 th AUGUST 2016 YOUR MINTVISORY Call us at +91-731-6642300 Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 25/08/16 NCDEX DHANIYA SEP. BUY 7820 7865-7965 7755 NOT EXECUTED 25/08/16 NCDEX DHANIYA SEP. SELL 7730 7685-7585 7795 1ST TARGET 25/08/16 NCDEX GUARGUM OCT. BUY 6600 6660-6720 6540 NOT EXECUTED 25/08/16 NCDEX GUARGUM OCT. SELL 6530 6480-6410 6590 1ST TARGET 25/08/16 MCX GOLD OCT BUY 31250 31350-31650 31150 NOT EXECUTED 25/08/16 MCX GOLD OCT. SELL 31000 30900-30700 31100 1ST TARGET 25/08/16 MCX SILVER SEPT. BUY 44500 44700-45500 44300 NOT EXECUTED 25/08/16 MCX SILVER SEPT. SELL 43710 43510-42810 43910 NO PROFIT NO LOSS Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 25/08/16 NIFTY FUTURE BUY 8710 8800-890 8600 NOT EXECUTED 25/08/16 CANBK FUTURE BUY 272 275-280 268 PROFIT BOOKED 25/08/16 KSCL FUTURE BUY 381 386-395 373 PROFIT BOOKED 25/08/16 VOLTAS CASH BUY 387-388 393-396 384 SL TRIGGERED 24/08/16 ASHOKLEY CASH BUY 88 89.50-90.50 87 PROFIT BOOKED 24/08/16 ZEEL FUTURE BUY 520 528-535 510 SL TRIGGERED
  • 8. DAILY REPORT 26 th AUGUST 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 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 per- sonal 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 investment advice. Epic research recommends that investors independently evaluate par- ticular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any trans- action conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projec- tions 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 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 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 invi- tation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Disclaimer TIME REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS MONDAY, AUG. 22 NONE SCHEDULED TUESDAY, AUG. 23 9:45 AM MARKIT PMI (FLASH) AUG. 52.9 10 AM NEW HOME SALES JULY 592,000 WEDNESDAY, AUG. 24 10 AM EXISTING HOME SALES JULY 5.57 MLN THURSDAY, AUG. 25 8:30 AM WEEKLY JOBLESS CLAIMS 8/20 N/A N/A 8:30 AM DURABLE GOODS ORDERS JULY -3.9% 8:30 AM CORE CAPITAL GOODS ORDERS JULY -- 0.4% 9:45 AM MARKIT SERVICES PMI (FLASH) AUG. -- 51.4 FRIDAY, AUG. 26 8:30 AM GROSS DOMESTIC PRODUCT 2Q 1.2% (2Q) 8:30 AM ADVANCE TRADE IN GOODS JULY -$63.3BLN 10 AM CONSUMER SENTIMENT AUG. 90.4 (AUG.) TBA JANET YELLEN SPEECH, JACKSON HOLE