Epic Research Private Limited is awarded with the Service Excellence Award in the financial services sector for providing consultation regarding Capital Stock Market of India and other global markets. Our team having experienced researchers offer recommendations on equity (cash), derivatives, commodity and currency market who deliver updates on the sectors like – stocks tips, derivative trading, commodity trading, FOREX trading tips etc.

1. DAILY REPORT
25th SEPTEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian stocks rose early on Thursday, cheered by a sizeable overnight rebound on Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.1 %, pulling away from a four-month low touched the previous day when U.S.-led air strikes in Syria stoked geo- political concerns. Tokyo's Nikkei rose 1%, heartened as the yen resumed its weakening against the dollar.
Wall Street Update
US stocks jumped in a broad advance on Wednesday, with the S&P 500 snapping a three-day losing streak and climb- ing back above a key technical level in a move that pointed to improving near-term momentum. The day's gains were spread across industries, with nine of the ten primary S&P 500 sectors up on the day, though healthcare and biotech- nology stocks. The DJI average rose 155.6pts, or 0.91%, to 17,211.47, S&P 500 gained 15.65pts, or 0.79%, to 1,998.42 and the Nasdaq added 46.53pts, or 1.03%, to 4,555.22.
Previous day Roundup
Market ended flat on Wednesday, amid a choppy trading session, as investors turned cautious ahead of the expiry of September derivative contracts while the Supreme Court's decision on coal blocks weighed on select metal and power stocks. Equity benchmarks recouped losses in late trade on support by FMCG, healthcare, power, mining and select technology stocks.
The Sensex fell 31pts to 26744.69 (which had shed more than 200pts intraday), while the Nifty declined 15.15pts to 8002.40 ahead of September series expiry. However, the selling pressure was persistent in the broader markets. The mid and smallcap index slipped nearly 1% and 1.6% each putting lid to an outperformance seen over the last few weeks. About 1031 shares have advanced, 1928 shares declined, and 102 shares are unchanged.
Index stats
The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down 123.74pts], Capital Goods [down 248.21pts], PSU [up 0.84pts], FMCG [up 132.9pts], Realty [down 28.27pts], Power [down 7.40 pts], Auto [down 91.23pts], Healthcare [up 74.84pts], IT [down 14.34pts], Metals [down 2.85pts], TECK [down 20.24pts], Oil& Gas [up 24.75pts].
World Indices
Index
Value
% Change
D J l
17210.06
+0.90
S&P 500
1998.30
+0.78
NASDAQ
4555.22
+1.03
EURO STO
3244.01
+1.19
FTSE 100
6706.27
+0.45
Nikkei 225
16355.09
+1.16
Hong Kong
24020.84
+0.41
Top Gainers
Company
CMP
Change
% Chg
COALINDIA
351.50
16.35
4.88
CIPLA
602.90
18.60
3.18
HINDUNILVR
764.70
22.65
3.05
DLF
160.20
4.70
3.02
ONGC
415.05
7.75
1.90
Top Losers
Company
CMP
Change
% Chg
JINDALSTEL
188.55
22.35
-10.60
PNB
921.00
45.15
-4.67
SBIN
2,476.00
80.20
-3.14
TATASTEEL
470.95
14.65
-3.02
BANKBARODA
903.25
26.00
-2.80
Stocks at 52 Week’s high
Symbol
Prev. Close
Change
%Chg
AJANTPHARM
1,770.00
-32.95
-1.83
HCLTECH
1,712.00
-12.45
-0.72
HINDUNILVR
764.70
22.65
3.05
JKLAKSHMI
346.90
-7.70
-2.17
Indian Indices
Company
CMP
Change
% Chg
NIFTY
8002.40
-15.15
-0.19
SENSEX
26744.69
-31.00
-0.12
Stocks at 52 Week’s Low
Symbol
Prev. Close
Change
%Chg
JINDALSTEL
188.55
-22.35
-10.60
JPASSOCIAT
32.10
-2.50
-7.23
RCOM
101.90
0.30
0.30

2. DAILY REPORT
25th SEPTEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. BANK OF INDIA [FUTURE]
BANK OF INDIA FUTURE is looking weak on charts, short
build up has been seen, we may see more downside, if it
sustains below 265 levels. We advise selling around 265-
268 levels with strict stop loss of 272 for the targets oF 262-
258.
2. CIPLA [FUTURE]
CIPLA FUTURE is looking strong on charts, long build up has
been seen, we may see more upside, if it sustains above
600 levels. We advise buying around 595-600 levels with
strict stop loss of 585 for the targets of 605-615 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. MAX
MAX weak on daily chart. We advise selling around 329-
328 level with strict stop loss 335 for the targets 323-317
MACRO NEWS
The Supreme Court on Wednesday cancelled all coal block
allocations except for govt-run blocks that operate on a
non-JV basis. The criteria fits just four of the 218 blocks
that were deemed illegal by the court in its August or-der.
Media reports said exempted coal blocks included
allocations to NTPC, SAIL and Sasan UMPP.
CCI order clears road for generic car parts market
Reliance Power 's talks to acquire Jaiprakash Power Ven-tures
' three hydro power projects have been called off
lack of clarity over capacity of the Karcham Wangtoo pro-ject.
Due to prevailing regulatory uncertainties and tariff
issues, which impact valuations, Reliance Power and JPVL
have terminated discussions regarding Reliance Power's
acquisition of JPVL's 3 projects with an aggregate capacity
of 1,791 MW.
Cabinet defers decision on gas pricing -Decision on gas
pricing to be taken before November 15.
In a setback to local producers, the prices of imported
steel have fallen about 20 per cent this month, as China
has dumped its produce here due to demand falling in
that country. By contrast, elevated iron ore prices have
kept steel on a firm footing in Indian markets.

3. DAILY REPORT
25th SEPTEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE PUT OPTION
Symbol
Op- tion
Type
Strike Price
LTP
Traded Volume (Contracts)
Open Interest
NIFTY
PE
8,000
15.5
10,43,312
66,49,400
NIFTY
PE
7,900
2.3
6,42,946
57,25,800
NIFTY
PE
7,950
5
4,46,816
18,44,400
BANKNIFTY
PE
15,800
78
85,090
1,78,050
SBIN
PE
2,550
66.05
10,138
6,96,125
RELIANCE
PE
960
3.95
4,957
3,39,750
JINDALSTEL
PE
200
11.75
4,587
13,80,000
DLF
PE
150
0.3
4,265
35,08,000
MOST ACTIVE CALL OPTION
Symbol
Op- tion
Type
Strike Price
LTP
Traded Volume (Contracts)
Open Interest
NIFTY
CE
8,100
2.85
10,93,242
72,96,450
NIFTY
CE
8,000
30
8,04,599
45,35,200
NIFTY
CE
8,050
8.2
5,31,666
23,59,300
BANKNIFTY
CE
16,000
6.25
1,06,762
5,74,675
SBIN
CE
2,550
3.55
13,554
3,44,875
RELAINCE
CE
980
4
9,664
6,76,250
ICICIBANK
CE
1,550
2.55
5,359
4,48,000
INFY
CE
3,700
3
5,332
2,38,250
FII DERIVATIVES STATISTICS
BUY
OPEN INTEREST AT THE END OF THE DAY
SELL
No. of
Contracts
Amount in Crores
No. of
Contracts
Amount in Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES
143482
5750.13
147645
5914.07
404916
16251.37
-163.94
INDEX OPTIONS
902634
35930.11
926592
36907.75
1855857
74169.89
-977.64
STOCK FUTURES
412984
15284.73
426985
15843.35
1360295
49304.20
-558.62
STOCK OPTIONS
94876
3596.41
94673
3573.25
87565
3096.31
23.16
TOTAL
-1677.03
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
8,090.17
8,046.28
7,998.17
7,954.28
7,906.17
BANK NIFTY
16,102.13
15,921.22
15,773.53
15,592.62
15,444.93
STOCKS IN NEWS Coal India Limited has been asked to take over opera- tional blocks for 6 months. SBI board approves stock split in 10:1. IDBI says has near $328 million loan exposure to com- panies affected by coal ruling. Sun Pharma-Ranbaxy deal: CCI's public scrutiny dead- line ends Yesterday . Polaris Financial Technology says Madras HC approves demerger between company and Intellect Design Arena.
NIFTY FUTURE
Nifty Future closed flat in the last trading session. We advise selling around 7950 with strict stop loss 8000 the targets of 7900-7850

4. DAILY REPORT
25th SEPTEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY MCX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER DEC ABOVE 39450 TGTS 39650,39950 SL 39150
SELL SILVER DEC BELOW 39100 TGTS 38900,38600 SL 39400
GOLD
TRADING STRATEGY:
BUY GOLD OCT ABOVE 26750 TGTS 26830,26930 SL 26660
SELL GOLD OCT BELOW 26480 TGTS 26400,26300 SL 26570
COMMODITY ROUNDUP
Gold futures pared the prior gains as dollar rose amid profit taking. The yellow metal witnessed some buying af- ter dropping to its 10 month low earlier in the week, near- ing the $1200 per ounce mark. Rising oil prices and a mas- sive sell off in global stocks supported the commodity yes- terday and the COMEX futures moved above$1230 per ounce mark. U.S.-led air strikes in Syria involving five Arab nations targeting ISIS positions gave the yellow metal a boost in Tuesday's trading.
Gains were somewhat limited on perceptions that the days of ultra-loose U.S. monetary policies that have supported gold since the 2008 financial crisis are coming to an end.In October, the Federal Reserve is expected to close its monthly bond-buying program and then begin raising benchmark interest rates some time in 2015. The COMEX Gold came under pressure after hitting the high near $1,237 a troy ounce. The COMEX Gold December delivery quotes at $1,221.60, down $0.40 a troy ounce, Silver De- cember delivery quotes at $17.693, down $0.086 a troy ounce over last day.
Amid a weak trend in global market and subdued demand at domestic spot markets, nickel prices fell 0.26% to Rs 1,052.60 per kg in futures trade today as speculators trimmed positions. At the Multi Commodity Exchange, nickel for delivery in October traded Rs 2.70, or 0.26%, to Rs 1,052.60 per kg in a business turnover of 13 lots. On the similar lines, the metal for delivery in November shed Rs 1.40, or 0.13%, to Rs 1,058.80 per kg in one lot. The fall in nickel prices at futures trade was largely in tandem with a weakening trend in the global markets and subdued de- mand from alloy-makers in the domestic spot markets has put pressure.
Natural gas prices rose on Wednesday after updated weather-forecasting models called for warm weather in the near term and potentially chilly temperatures in Octo- ber. On the New York Mercantile Exchange, natural gas futures for delivery in November were up 1.63% at $3.932 per million British thermal units during U.S. trading. The commodity hit a session low of $3.846, and a high of $3.936. The November contract settled down 1.00% on Tuesday to end at $3.869 per million British thermal units.

5. DAILY REPORT
25th SEPTEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA OCT ABOVE 11895 TGT 11925,11975 SL 11845
SELL DHANIYA OCT BELOW 11810 TGTS 11780,11730 SL 11860
GUARGUM
BUY GUARGUM OCT ABOVE 16450 TGTS 16500,16600 SL16360
SELL GUARGUM OCT BELOW 16250 TGTS 16200,16100 SL 16340
NCDEX
NCDEX INDICES
Index
Value
% Change
CASTOR SEED
4388
-0.84
CHANA
2774
-0.89
CORIANDER
11864
-0.08
COTTON SEED
1378
-1.22
GAUR SEED
5696
-0.71
JEERA
10520
-1.13
MUSTARDSEED
3644
-0.11
SOYBEAN
3092
+0.95
TURMERIC
5938
-0.13
NCDEX ROUNDUP
India has exported spices and spice products worth Rs 4,339 crore ($721.02 million) during April-July this year, register- ing an increase of 10 per cent in quantity, 11 per cent in ru- pee terms and 6 per cent in dollar terms. Export of all major spices like pepper, chilli, ginger, turmeric, seed spices and value added products has marked an outstanding growth both in terms of value and quantity. Pepper, the king of spices, has regained its historic demand with an increase of 10 per cent in quantity and 41 per cent in value, a total quantity of 6,450 tonnes of pepper valued Rs 332.46 crore have been exported as against 5,870 tonnes, valued Rs 235.31 crore of the last year. Chilli and mint continued to be the largest foreign exchange earners in the export bas- ket.Chilli, the spice having the maximum demand from In- dia, registered an increase of six per cent in quantity and 10 per cent in value.
Profit taking was seen in castor seed future due to strong kharif sowing along with weak export demand of castor meal in local mandies. The NCDEX futures to test 4050-4055 levels in the near term. The prices were also pressurized by weak export demand of castor meal in local mandies. The NCDEX Castor seed October futures shrugged off 0.84 per- cent to close at Rs 4388 per quintal. The NCDEX futures pared 3.25 percent in open interest indicating profit taking by traders.

6. DAILY REPORT
25th SEPTEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
GBP/INR
BUY GBP-INR ABOVE 100.1200 TGT 100.3200,100.5700 SL 99.8700
SELL GBP-INR BELOW 99.9000 TGT 99.7000,98.4300 SL 100.2500
JPY/INR
BUY JPY-INR ABOEVE 56.2200 TGT 56.4200,56.7000 SL 55.9700
SELL JPY-INR BELOW 56.0300 TGT 55.8300,55.5000 SL 56.2500
CURRENCY ROUNDUP
The Indian rupee fell to its weakest in nearly a week after the cancellation of coal blocks allocated to companies raised concerns that more coal would be imported, but the currency then recovered to end almost flat for the day on dollar sales from custodian banks. The partially convertible rupee ended at 60.96/97 per dollar compared with Tues- day's close of 60.94/95.
India's top court on Wednesday scrapped all but four of 218 coal blocks allocated by the government over the past two decades, raising concerns that resorting to imports would widen the trade and current account deficits.
Dollar demand from oil and other importers to meet month-end import commitments also pressured the rupee, which fell to as low as 61.07 in late trade, its weakest against the dollar since Sept. 18.
The rupee could also remain under pressure ahead of the Reserve Bank of India's policy review on Sept. 30. The cen- tral bank is expected to keep interest rates on hold until the April-June quarter of next year, when it may loosen policy, a Reuters poll showed on Wednesday. In the offshore non- deliverable forwards, the one-month contract was at 61.23/33, while the three-month was at 61.80/90.
The euro fell against the dollar on Wednesday, holding above 14 month lows after data showed that business confi- dence in Germany continued to deteriorate this month and after the European Central Bank reiterated its commitment to accommodative monetary policy. Euro quoted near four- teen months low at $1.2835, down 0.10% on Wednesday and the US dollar index quotes at 84.86, up 0.05%.
Brent crude steadied near $97 a barrel after bouncing from its lowest in 26 months, but abundant supply continued to drag on prices. U.S. benchmark Treasuries yields were set to close higher for the first time in five sessions on Wednesday after weak demand at a five-year note auction.
RBI Reference Rate
Currency
Rate
Currency
Rate
Rupee- $
61.0293
Yen-100
56.1700
Euro
78.3738
GBP
99.9904

7. DAILY REPORT
25th SEPTEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Currency Pairs
Contract
Strategy
Entry Level
Target
Stop Loss
Remark
24/09/14
MCX GOLD
OCT.
BUY
26780
26860-26960
26690
NOT EXECUTED
24/09/14
MCX GOLD
OCT.
SELL
26600
26500-26400
26690
NO PROFIT NO LOSS
24/09/14
MCX SILVER
DEC.
BUY
39750
39950-40250
39450
NOT EXECUTED
24/09/14
MCX SILVER
DEC.
SELL
39350
39150-38850
39650
BOOKED PROFIT
24/09/14
NCDEX GUARGUM
OCT.
BUY
16500
16550-16650
16410
SL TRIGGERED
24/09/14
NCDEX GUARGUM
OCT.
SELL
16390
16340-16240
16480
BOOKED PROFIT
24/09/14
NCDEX DHANIYA
OCT.
BUY
11950
119850-12030
11900
NOT EXECUTED
24/09/14
NCDEX DHANIYA
OCT.
SELL
11760
11730-11680
11810
NOT EXECUTED
24/09/14
EUR/INR
SEP.
BUY
78.85
79.05-79.45
78.60
NOT EXECUTED
24/09/14
EUR/INR
SEP.
SELL
78.70
78.50-78.20
78.95
BOOKED PROFIT
24/09/14
GBP/INR
SEP.
SELL
99.80
99..60-99.30
100.20
NOT EXECUTED
24/09/14
GBP/INR
SEP.
BUY
100.20
100.40-100.65
99.95
SL TRIGGERED
Date
Scrip
CASH/ FUTURE/ OPTION
Strategy
Entry Level
Target
Stop Loss
Remark
24/09/14
NIFTY
FUTURE
SELL
8000
7950-7900
8050
BOOKED PROFIT
24/09/14
DLF
FUTURE
SELL
157-159
154-150
162
CALL OPEN
24/09/14
JSW ENERGY
FUTURE
SELL
75-76
73-71
78
SL TRIGGERED
24/09/14
DISHMAN PHARMA
CASH
SELL
177-176
173-170
180
BOOKED FULL PROFIT

8. DAILY REPORT
25th SEPTEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making invest- ment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular invest- ments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex- pressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
Disclaimer
TIME (ET)
REPORT
PERIOD
ACTUAL
CONSENSUS FORECAST
PREVIOUS
MONDAY, SEPT. 22
8:30 AM
CHICAGO FED NATIONAL ACTIVITY INDEX
AUG.
--
0.25 (3-MONTH)
10 AM
EXISTING HOME SALES
AUG.
5.22 MLN
5.15 MLN
TUESDAY, SEPT. 23
9 AM
FHFA HOME PRICES
JULY
--
5.1% YOY
9:45 AM
MARKIT "FLASH" PMI
--
57.9
WEDNESDAY, SEPT. 24
10 AM
NEW HOME SALES
AUG.
435,000
412,000
THURSDAY, SEPT. 25
8:30 AM
WEEKLY JOBLESS CLAIMS
SEPT. 20
N/A
N/A
8:30 AM
DURABLE GOODS ORDERS
AUG.
-14.0%
22.6%
FRIDAY, SEPT. 26
8:30 AM
GDP REVISION
Q2
4.7%
4.2%
9:55 AM
CONSUMER SENTIMENT
SEPT.
N/A
84.6