DAILY REPORT
20th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian equity markets were...
DAILY REPORT
20th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. JSW STEEL [FUTURE]...
DAILY REPORT
20th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE PUT OPTION
Symbol Op-
ti...
DAILY REPORT
20th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER ...
DAILY REPORT
20th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHNAIYA JUN ABOVE 9540 T...
DAILY REPORT
20th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
JPY/INR
SELL GBP/INR BELOW 98.48 TGTS 98.33, 98.18 S...
DAILY REPORT
20th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Curr...
DAILY REPORT
20th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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Stock market special report by epic research 20th may 2014

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Epic Research provide specialized nifty future tips to nifty futures interday traders in which we give nifty levels, nifty calls along with bank nifty tips. Call 07316642300

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Stock market special report by epic research 20th may 2014

  1. 1. DAILY REPORT 20th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Asian equity markets were trading higher following posi- tive cues from US equities. China's Shanghai Composite was up 10.82 points or 0.54 percent to 2,016.01 and Hong Kong's Hang Seng rose 179.03 pts or 0.79% to 22,883.53. Japan's Nikkei 225 Average climbed 86.04 points or 0.61% to 14,092.48 and Singapore's Straits Times was up 4.30 points to 3,266.73. Taiwan Weighted advanced 27.48 points or 0.31% to 8,927.38 while South Korea's Seoul Composite fell 9.85 points or 0.49 percent to 2,005.29. European equities were pulled down on Monday by the pharmaceuticals group AstraZeneca, which slumped after rejecting a bid from Pfizer, and by Deutsche Bank's an- nouncement of a capital increase. The pan-European FTSEurofirst 300 index, which last week hit a 6-year high of 1,372.81 points, closed down 0.2 percent at 1,358.91 points. The euro zone's blue-chip Euro STOXX 50 index also fell 0.1 percent to 3,169.90 points. Wall Street Update US stocks rose on Monday, with a rally in high-growth names among Internet and biotech shares giving the Nasdaq a gain of almost 1 percent. Equities have been pressured recently, with the S&P 500 coming off its first two-week decline since January as investors have become concerned about the economy's growth prospects. Previous day Roundup After a tussle with the bears, the market managed to close at higher levels. The Sensex was up 241.31 points or 1 per- cent at 24363.05, and the Nifty was up 60.55 points or 0.84 percent at 7263.55. About 2162 shares have ad- vanced, 710 shares declined, and 100 shares are un- changed. Midcaps and small caps saw a super rally with indices gaining 4 and 5 percent respectively. Banks, too, enjoyed investors attention with Bank Nifty up 2 percent. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 149.72pts], Capital Goods [up 1123.85pts], PSU [up 682.28pts], FMCG [down 278.25pts], Realty [up 110.9 pts], Power [up 197.96pts], Auto [up 16.15pts], Healthcare [down 378.03pts], IT [down 427.73pts], Metals [up 755.01pts], TECK [down 168.59pts], Oil& Gas [up 578.75pts]. World Indices Index Value % Change D J l 16,511.86 +0.12 S&P 500 1885.08 +0.38 NASDAQ 4125.82 +0.86 EURO STO 3169.9 -0.09 FTSE 100 6844.55 -0.16 Nikkei 225 14126.34 +0.86 Hong Kong 22872.89 +0.74 Top Gainers Company CMP Change % Chg BHEL 265.00 33.40 +14.42 COAL INDIA 391.00 45.60 +13.20 NTPC 147.60 16.00 +12.16 PNB 1021.00 103.05 +11.23 ONGC 415.3 31.15 +8.11 Top Losers Company CMP Change % Chg TCS 2026.00 134.75 -6.24 DRREDDY 2275.00 131.9 -5.48 INFY 3010.00 167.55 -5.27 HINDUNILVR 551.95 28.75 -4.95 ITC 340.00 16.95 -4.75 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg ABAN 571.9 28.10 +5.17 AXIS BANK 1861.00 106.00 +6.04 BHEL 265.00 33.40 +14.42 CENTURYTEX 451.7 32.95 +7.87 GAIL 431.00 21.30 +5.20 Indian Indices Company CMP Change % Chg NIFTY 7263.55 +60.55 +0.84 SENSEX 24363.05 +241.31 +1.00 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg
  2. 2. DAILY REPORT 20th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. JSW STEEL [FUTURE] BUY JSW STEEL F ABOVE 1270 TGT 1295-1340 SL 1235 2. TATA COMMUNICATION [FUTURE] BUY TATA COMM ABOVE 320 TGT 330-340 SL 310 EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. LIC HOUSING FINANACE BUY LIC HOUSING FIN ABOVE 343 TGT 353-363 SL 333 MACRO NEWS The Supreme Court’s decision ban mining in some 26 mines in Odisha – due to non renewal of leases – will re- duce domestic availability of iron ore by about 40 million tone. Overseas direct investments by Indian corporates rose to USD 5.58 bn in April from USD 5.23 billion in the previous month. Total overseas direct investments from India in April included USD 1.15 billion in equity, USD 268.16 mil- lion in loans and USD 4.16 billion in guarantees. HDFC bank have decided to seek an enabling approval of the shareholders at the ensuing Annual General Meeting to raise the equity share capital of the bank up to an ag- gregate sum of Rs 10,000 crore including share premium amount. JK Cement has reported a 36 percent growth in its net profit to Rs 76.4 crore in the quarter ended March 2014 as against Rs 56.2 crore in corresponding quarter of last fis- cal, partially supported by other income. Jubilant Foodworks’s Q4 (Jan-March) net profit fell 23.54% YoY to Rs 25 cr on contraction in discretionary spends and higher tax expenses.
  3. 3. DAILY REPORT 20th MAY 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 6,800 97.15 1,46,867 33,98,000 NIFTY PE 6,500 44 1,39,882 51,60,100 NIFTY PE 7,000 155.4 1,37,570 25,10,250 BANKNIFTY PE 13,000 175 15,090 2,78,925 RELIANCE PE 1,000 16.8 3,194 2,30,250 SBIN PE 2,300 121.05 1,994 58,625 SBIN PE 2,200 75 1,992 1,48,125 MCDOWELL-N PE 2,700 28 1,564 5,30,375 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,500 71.45 2,68,129 53,01,200 NIFTY CE 7,200 178.9 1,61,743 52,30,400 NIFTY CE 7,600 51 1,47,393 21,26,500 BANKNIFTY CE 15,000 264.9 18,847 2,44,325 RELAINCE CE 1,040 48.3 5,153 3,36,750 SBIN CE 2,300 102.1 4,625 2,57,125 MCDOWELL-N CE 2,800 15.25 4,090 10,79,750 DLF CE 160 6.8 2,728 23,40,000 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 110078 4025.59 93847 3444.55 453686 16619.28 581.05 INDEX OPTIONS 518621 18837.88 464523 16924.46 2446700 89066.87 1913.42 STOCK FUTURES 190422 6734.31 227647 7890.60 1359484 47415.74 -1156.29 STOCK OPTIONS 70870 2520.42 73138 2598.29 100809 3628.71 -77.87 TOTAL 1260.31 INDICES R2 R1 PIVOT S1 S2 NIFTY 7,346.95 7,305.25 7,249.40 7,207.70 7,151.85 BANK NIFTY 15,460.25 15,341.20 15,186.60 15,067.55 14,912.95 STOCKS IN NEWS Results Today: Punj Lloyd , VIP Industries , Essar Oil , Kolte-Patil , Aditya Birla Nuvo , AIA Engineering , Atul Auto , CARE , MRPL The Competition Appellate Tribunal yesterday upheld the CCI order imposing Rs 630 crore penalty on the realty major DLF for unfair business practices. Tata Steel and SAIL may try to source iron-ore from international sources. ICICI Bank announces cut in home loan rates NIFTY FUTURE BUY NIFTY ABOVE 7340 TGT 7370-7420 SL 7300
  4. 4. DAILY REPORT 20th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER ABOVE 41150 TGT 41350,41650 SL BELOW 40850 SELL SILVER BELOW 40500 TGT 40300,40000 SL ABOVE 40800 GOLD TRADING STRATEGY: BUY GOLD ABOVE 28320 TGT 28400,28500 SL BELOW 28200 SELL GOLD BELOW 28000 TGT 27920,27800 SL ABOVE 28100 COMMODITY ROUNDUP The London Bullion Markets Association (LBMA), the global benchmark in gold and silver quality certification, has ac- credited MMTC - Pamp India Pvt Ltd (MPIPL), a joint ven- ture between Pamp SA, Switzerland and the Indian public sector MMTC Ltd for gold delivery in India. Standard gold declined 2.67% in Mumbai last week to close at Rs 29,200 per 10g on Saturday from Rs 30,000 per 10g on Monday. Gold prices declined in domestic market, despite a marginal rise in prices in global markets. Tracking a weak trend overseas, silver prices fell by 0.98% to Rs 41,995 per kg in futures trade yesterday as specula- tors engaged in off-loading positions. At the Multi Commod- ity Exchange, silver for delivery in September lost Rs 415, or 0.98%, to Rs 41,995 per kg, with a turnover of 83 lots. Simi- larly, silver for delivery in July dropped by Rs 412, or 0.96%, to Rs 41,315 per kg, in a business turnover of 1,632 lots. The fall in silver futures was mostly due to a weakening trend in global markets. Meanwhile, in New York, silver dropped 1.44% to $19.45 an ounce. Crude oil futures today fell by 0.28 per cent to Rs 6,077 per barrel as speculators trimmed positions amid a weak trend in Asian trade. At the Multi Commodity Exchange, crude oil for delivery in May fell by Rs 17, or 0.28 per cent, to Rs 6,094 per barrel in 495 lots. The June contract moved down by Rs 14, or 0.23 per cent, to Rs 6,072 per barrel in 48 lots. The fall in crude prices at futures trade was primarily after it fell in the Asian trade, following a rally in the previous ses- sion. Meanwhile, West Texas Intermediate crude for June delivery shed 33 cents to $102.04 a barrel in mid-morning trade on the New York Mercantile Exchange. Copper futures rose 0.48% to Rs 412.15 per kg yesterday on positive cues from global markets and rising domestic spot demand. At the Multi Commodity Exchange, copper for de- livery in June rose by Rs 1.95, or 0.48%, to Rs 412.15 per kg, with a turnover of 677 lots. Similarly, the metal for delivery in August was up by Rs 1.85, or 0.45%, at Rs 414.45 per kg, with a trade volume of 22 lots. Globally, copper for delivery in three months rose 0.5% to $6,892 per tonne at the Lon- don Metal Exchange, while in Shanghai, futures for delivery in August climbed 0.6% to 48,510 yuan ($7,778) per tonne. Fresh positions created by participants, tracking a firming trend at the LME and rising demand in the spot markets, influenced copper prices at futures trade. COMMODITY MCX
  5. 5. DAILY REPORT 20th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHNAIYA JUN ABOVE 9540 TGTS 9570,9620 SL 9490 SELL DHANIYA JUN BELOW 9480 TGTS 9450,9400 SL 9530 GUARSEED BUY GUARSEED JUN ABOVE 5220 TGTS 5250,5300 SL 5170 SELL GUARSEED JUN BELOW 5100 TGTS 4970,4920 SL 5150 NCDEX NCDEX INDICES Index Value % Change Castor Seed 3871 -1.07 Chana 2912 -284 Coriander 9170 -099 Cotton Seed Oilcake 1498 -0.99 Jeera 4985 -2.92 Maize– Feed/Industrial Grade 11340 +3.18 Mustard seed 3432 -1.86 Soy Bean 4454 -2.69 Turmeric 6404 -2.53 NCDEX ROUNDUP Jeera futures surged for the second day on short covering triggered by weak arrivals and strong demand. The NCDEX Jeera for the June delivery ended the day at Rs 11,365, up Rs 185 or 1.65%. The daily arrivals in the Unjha market de- creased to 30,000 bags from 50,000 bags reported on the previous day. Meanwhile, price edged up to Rs 11,000- 13,000 level per quintal, up from Rs 10,500-13,000 on last day. Potato prices moved up by 0.51% to Rs 1,355 per quintal in futures trading yesterday as speculators created fresh posi- tions after demand in the spot markets picked up. Further, restricted arrivals from producing belts supported the up- side. At the Multi Commodity Exchange, potato for delivery in June gained Rs 6.90, or 0.51%, to Rs 1,355 per quintal in a business turnover of 57 lots. Potato for delivery in May also traded up by Rs 3, or 0.23%, to Rs 1,307 per quintal in 12 lots. Fresh positions built-up by speculators, driven by rising demand in the spot markets against limited arrivals from producing regions, mainly led to rise in potato prices at fu- tures trade. Turmeric futures pared the previous three days of gain on short selling due to better arrivals. The daily arrivals in the Nizamabad mandi increased to 20,000 bags, up from 13,000 bags reported on last day and arrivals in the Erode mandi steady at 7,000 bags. The NCDEX Turmeric futures June de- livery ended the day at Rs 6622, down Rs 220 or 3.22%. RECOMMENDATIONS DHANIYA BUY DHNAIYA JUN ABOVE 9540 TGTS 9570,9620 SL 9490 SELL DHANIYA JUN BELOW 9480 TGTS 9450,9400 SL 9530 GUARSEED BUY GUARSEED JUN ABOVE 5220 TGTS 5250,5300 SL 5170 SELL GUARSEED JUN BELOW 5100 TGTS 4970,4920 SL 5150
  6. 6. DAILY REPORT 20th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 JPY/INR SELL GBP/INR BELOW 98.48 TGTS 98.33, 98.18 SL 98.69. BUY GBP/INR ABOVE 98.80 TGTS 98.94, 99.09 SL 98.59. EUR/INR SELL EUR/INR BELOW 80.29 TGTS 80.15, 80.00 SL 80.50. BUY EUR/INR ABOVE 80.80 TGTS 80.94, 81.09 SL 80.59. CURRENCY ROUNDUP The Indian rupee strengthened to an 11-month high on Monday, gaining for a fourth consecutive session as strong foreign inflows led domestic equities to record closing highs after the election of a new government to be led by Naren- dra Modi. In the offshore non-deliverable forwards, the one -month contract was at 58.89, while the three-month was at 59.49. The dollar edged lower against most major currencies on Monday as investors digested last week's mixed bag of eco- nomic indicators, also avoiding the greenback ahead of the release of the Federal Reserve's April policy meeting min- utes on Wednesday. The Federal Reserve will release the minutes of its latest policy meeting on Wednesday, and in- vestors opted for safe-haven yen positions ahead of time, which weakened the dollar and gave the single currency room to rise. The dollar was down against the yen, with USD/JPY down 0.18% at 101.34 and down against the Swiss franc, with USD/CHF down 0.10% at 0.8918. The greenback was down against the pound, with GBP/USD up 0.06% at 1.6824. The dollar was up against its cousins in Canada, Australia and New Zealand, with USD/CAD up 0.03% at 1.0867, AUD/USD down 0.36% at 0.9332 and NZD/USD down 0.09% at 0.8626. The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.10% at 80.04. Today Federal Reserve Bank of Philadelphia Charles Plosser and Federal Reserve Bank of New York President William Dudley are to speak. The yen held near a 3-1/2-month high against the dollar and the euro on Tuesday, supported by diminishing expecta- tions of stimulus by the Bank of Japan as well as falling U.S. and European bond yields. The RBI said on Monday it accepted all 50 bids for 201.61 billion rupees at its one-day repo auction, through which it injects liquidity into the banking system. Indian banks' refi- nancing with RBI falls to 405.30 billion rupees. Indian banks' cash balances with RBI fall to 3.21 trillion rupees. CURRENCY RBI Reference Rate Currency Rate Currency Rate Rupee- $ 58.4260 Yen-100 57.6700 Euro 80.1170 GBP 98.2842
  7. 7. DAILY REPORT 20th MAY 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 19/05/14 MCX GOLD JUNE BUY 28250 28330-28450 28150 SL TRIGGERED 19/05/14 MCX GOLD JUNE SELL 28000 27920-27800 28100 NOT EXECUTED 19/05/14 MCX SILVER JULY BUY 41250 41500-41800 40950 BOOKED PROFIT 19/05/14 MCX SILVER JULY SELL 40850 40600-40300 41150 NO PROFIT NO LOSS 19/05/14 NCDEX GUARSEED JUNE BUY 5310 5340-5390 5260 NOT EXECUTED 19/05/14 NCDEX GUARSEED JUNE SELL 5230 5200-5150 5280 BOOKED FULL PROFIT 19/05/14 NCDEX DHANIYA JUNE BUY 9670 9700-9750 9620 NOT EXECUTED 19/05/14 NCDEX DHANIYA JUNE SELL 9570 9540-9490 9620 BOOKED FULL PROFIT 19/05/14 USD/INR MAY BUY 59.25 59.39-59.54 59.04 NOT EXECUTED 19/05/14 USD/INR MAY SELL 58.94 58.80-58.665 59.15 NOT EXECUTED 19/05/14 JPY/INR MAY SELL 59.14 58.00-57.85 58.35 NOT EXECUTED 19/05/14 JPY/INR MAY BUY 58.44 58.58-58.73 58.23 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 19/05/14 NIFTY FUTURE SELL 7200 7150-7100- 7000 7250 NOT EXECUTED 19/05/14 TATA STEEL FUTURE SELL 445-450 430-410 470 NOT EXECUTED 19/05/14 REL CAPITAL FUTURE BUY 450-460 470—490 420 BOOKED FULL PROFIT 19/05/14 SSLT CASH BUY 210-212 220-230 205 BOOKED FULL PROFIT
  8. 8. DAILY REPORT 20th MAY 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, MAY 19 NONE SCHEDULED TUESDAY, MAY 20 NONE SCHEDULED WEDNESDAY, MAY 21 2 PM FOMC MINUTES THURSDAY, MAY 22 8:30 AM JOBLESS CLAIMS 5/17 N/A N/A 9:45 AM MARKET FLASH PMI APRIL -- 55.4 10 AM EXISTING HOME SALES APRIL 4.70 MLN 4.59 MLN 10 AM LEADING INDICATORS APRIL -- 0.8 FRIDAY, MAY 23 10 AM NEW HOME SALES APRIL 430,000 384,000

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