Stock market special report by epic research 21st august 2014


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Epic Research provide specialized nifty future tips to nifty futures intraday 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 21st august 2014

  1. 1. DAILY REPORT 21 st AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Asian shares came under pressure on Thursday as a disap- pointing survey on Chinese manufacturing stoked concerns about the regional giant and overshadowed better news from Japan. The HSBC/Markit Flash China Manufacturing Purchasing Managers' Index (PMI) fell to 50.3 in August from July's 18-month high of 51.7, badly missing a Reuters forecast of 51.5. MSCI's broadest index of Asia-Pacific shares outside Japan skidded 0.6 percent, with indices in South Korea and Taiwan in the red. Tokyo's Topix was still up 0.8 percent, while the Nikkei gained 0.9 percent. Hong Kong Hang Seng Index edged up to a new six-year closing high on Wednesday, underpinned by strong global markets and upbeat corporate earnings. The Hang Seng Index rose 0.2 percent to 25,159.76 pts, its best close since May 2008. The China Enterprises index of the leading off- shore Chinese listings in Hong Kong was down 0.4 percent. Several major companies and banks in Hong Kong posted stronger-than-expected first-half earnings late on Tuesday. Wall Street U.S. stocks finished Wednesday largely higher after the minutes from the Federal Reserve's July policy meeting suggested that the labor market is improving to the point that rate hikes may come sooner than later. At the close of U.S. trading, the Dow 30 rose 0.35%, the S&P 500 index rose 0.25%, while the NASDAQ Composite index fell 0.02%, mainly due to profit taking. The Volatility S&P 500 index, which measures the outlook for market volatility, was down 3.28% at 11.81. Previous day Roundup The market has ended on a lower note after touching re- cord high on Tuesday. The Sensex is down 106.38 points at 26314.29 and the Nifty is down 30.05 points at 7867.45. About 1690 shares have advanced, 1294 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 28.91pts], Capital Goods [down 76.06pts], PSU [down 70.29pts], FMCG [down 50.58pts], Auto [down 94.75pts], Healthcare [up 373.7pts], IT [up 22.25Pts], Metals [down 33.86pts], TECK [up 5.28pts], Oil& Gas [down 147.92pts], Power [up 15.43pts], Realty [up 9.73pts]. World Indices Index Value % Change D J l 16979.13 +0.35 S&P 500 1986.51 +0.25 NASDAQ 4526.48 -0.02 EURO STO 3083.50 -0.25 FTSE 100 6755.48 -0.35 Nikkei 225 15575.82 +0.79 Hong Kong 24995.93 -0.65 Top Gainers Company CMP Change % Chg SUNPHARMA 849.75 40.00 4.94 CIPLA 490.05 15.50 3.27 LUPIN 1,243.85 25.85 2.12 TATAPOWER 94.45 1.85 2.00 KOTAKBANK 999.95 19.30 1.97 Top Losers Company CMP Change % Chg ONGC 423.00 12.20 -2.80 IDFC 149.45 2.70 -1.77 TATAMOTORS 511.05 7.80 -1.50 GAIL 425.90 6.25 -1.45 M&M 1,355.50 18.60 -1.35 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg ACC 1524.00 0.05 +0.00 AUROPHARMA 795.60 28.75 +3.75 CIPLA 490.05 15.50 +3.27 GLENMARK 725.00 530 +0.74 HINDPETRO 447.85 3.75 -0.83 Indian Indices Company CMP Change % Chg NIFTY 7875.30 -22.20 -0.28 SENSEX 26314.29 -106.38 -0.40 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg
  2. 2. DAILY REPORT 21 st AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. SUNPHARMA FUTURE SUNPHARMA at 52 week high. Long built up was seen at 860 strike price. We advise buy above 851-852 with stop loss 846 for targets 857-862 2. BIOCON FUTURE BIOCON is looking strong on charts, trend line support at 473.We advise buy above 485 with stop loss 480 for targets 490-495 EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. SONATA SOFT Sonata soft at 52 week high. We advise buying around 93.10 level with strict stop loss 91.10 for the targets of 95.10- 97.10 MACRO NEWS After consolidating for a few days, crude prices today fell below the key USD 100 per barrel mark, giving further boost to expectations that given the recent stability the rupee has witnessed, diesel prices may finally get linked to the market. The Indian government, which used to force oil companies to sell automotive fuels steeply below cost, last year gave them the freedom to price petrol at a profit while initiating a 50-paisa monthly hike for diesel till prices reached breakeven – under pressure to cut its yearly Rs 65,000 crore fuel subsidy bill. OilMin plans to stop RIL from selling crude to Jamnagar refinery IFC to raise Rs 15,000 cr over next 5 yrs for infra invest- ment in India Government orders forensic audit on OBC, Dena Bank for Rs 436 crore scam Cabinet Committee on Economic Affairs (CCEA) clears roy- alty revision of 23 major minerals. Cabinet approves rais- ing mining royalty charges -Government raises royalty charges on minerals after 6 years Jindal Saw says US court approves sale of PSL North Amer- ica’s assets to company’s arm.
  3. 3. DAILY REPORT 21 st AUGUST 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 7,800 25.7 3,75,825 67,30,750 NIFTY PE 7,900 63 3,52,023 38,61,200 NIFTY PE 7,700 10.6 2,13,072 77,43,950 BANKNIFTY PE 15,000 33.1 24,505 4,67,150 SBIN PE 2,400 30.15 5,481 3,35,000 RELIANCE PE 1,000 13 3,613 5,93,750 TATAMOTORS PE 500 4.1 1,513 9,76,000 TATASTEEL PE 540 5.75 1,390 9,58,000 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,900 45 3,87,503 54,22,100 NIFTY CE 8,000 15.15 3,86,929 89,33,550 NIFTY CE 8,100 4.25 1,36,085 33,74,900 BANKNIFTY CE 16,000 25.05 28,252 5,16,500 SBIN CE 2,500 8.9 5,776 8,82,000 RELIANCE CE 1,020 6.7 5,461 12,20,250 ARVIND CE 250 7.25 3,719 6,92,000 MCDOWELL-N CE 2,500 18 2,879 2,53,500 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 34039 1339.62 27007 1062.90 289393 11393.98 276.73 INDEX OPTIONS 231661 9069.92 233310 9113.45 1681938 66178.18 -43.52 STOCK FUTURES 61340 2320.22 57704 2140.03 1394170 50969.57 180.19 STOCK OPTIONS 54997 2115.52 54477 2094.73 80544 2985.78 20.79 TOTAL 434.19 INDICES R2 R1 PIVOT S1 S2 NIFTY 7,946.00 7,910.65 7,887.35 7,852.00 7,828.70 BANK NIFTY 15,616.97 15,549.33 15,499.12 15,431.48 15,381.27 STOCKS IN NEWS Deepak Fert gets CCI nod to buy more stake in co. M&M launches new high horsepower tractor. Syndicate Bank case: Order on bail pleas tomorrow. CBI to file closure in Hindalco case, say sources Zee Entertainment to replace United Spirits in CNX Nifty w.e.f September 19 Mphasis , Zee Entertain- ment to be excluded from CNX Nifty Junior w.e.f Sep- tember 19 - Aurobindo Pharma , Motherson Sumi Sys- tems to be included in CNX Nifty Junior w.e.f Septem- ber 19 NIFTY FUTURE Nifty Future closed downside in the last trading session but taking support of 7880. We advise buying around 7925 level with strict stop loss of 7875 for the targets of 7975-8025
  4. 4. DAILY REPORT 21 st AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY MCX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER SEP ABOVE 42480 TGTS 42680,42980 SL 42180 SELL SILVER SEP BELOW 42200 TGTS 42000,41700 SL 42500 GOLD TRADING STRATEGY: BUY GOLD OCT ABOVE 28280 TGTS 28360,28460 SL 28200 SELL GOLD OCT BELOW 28150 TGTS 28070,27970 SL 28240 COMMODITY ROUNDUP In a range-bound movement, silver prices edged higher by Rs 53 to Rs 42,667 per kg in futures trading yesterday as speculators created fresh positions, tracking firming global trend. At MCX silver for delivery in September traded higher by Rs 53, or 0.12%, to Rs 42,720 per kg in business turnover of 232 lots. Likewise, the white metal for delivery in far-month December traded higher by Rs 263, to Rs 43,410 per kg in three lots. Fresh positions built up buoyed by a better trend in precious metals overseas mainly pushed up silver prices at futures trade. Mean- while, silver added 0.30% to $19.68 an ounce in Singapore. Lead futures traded marginally up by 0.22% at Rs 136.20 per kg yesterday as speculators enlarged positions amid a firming trend overseas and pick-up in domestic demand. At MCX lead for delivery in September traded higher by 30 paise, or 0.22%, at Rs 136.20 per kg, with a turnover of three lots. The metal for delivery in August also rose by 25 paise, or 0.18%, to trade at Rs 135.60 per kg in a turnover of 130 lots. Besides rising demand from battery-makers, a firming trend in base metals at the LME after a jump in home building fuelled speculation that demand will accel- erate in the US, the world's second-biggest consumer of industrial metals, influenced lead prices at futures trade here. Copper futures rose 0.21% to Rs 425.85 per kg yesterday on positive cues from the overseas markets and a pick-up in spot demand. At MCX copper for delivery in November rose by 90 paise, or 0.21%, to Rs 425.85 per kg, with a turnover of six lots. Similarly, the metal for delivery in Au- gust was up by 80 paise, or 0.19%, at Rs 415.70 per kg, with a trade volume of 130 lots. Globally, copper for three- month delivery traded little changed at $6,867.75 per tonne on the LME. Attributed the rise in copper futures to a firming trend in base metals pack on the LME after a jump in US home building increased speculation that de- mand is rising in the second- biggest user of industrial met- als. Gold prices fell by Rs 100 to Rs 28,600 per 10 grams in the national capital today after it declined in global markets on easing tensions over Ukraine amid subdued demand from jewellers and retailers.
  5. 5. DAILY REPORT 21 st AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA SEP ABOVE 11820 TGTS 11850,11900 SL 11770 SELL DHANIYA SEP BELOW11685 TGTS 11655,11605 SL 11735 GUARGUM BUY GUARGUM OCT ABOVE 17060 TGTS 17110,17210 SL 17070 SELL GUARGUM OCT BELOW 16900 TGTS 16850,16750 SL 16990 NCDEX NCDEX INDICES Index Value % Change Castor Seed 4173 +1.29 Chana 2954 +2.50 Coriander 11499 +0.54 Cotton Seed Oilcake 1785 +1.25 Guarseed 6070 +3.99 Jeera 11365 +1.97 Mustard seed 3405 +0.71 Soy Bean 3421 -0.58 Sugar M Grade 3130 +0.38 Turmeric 6446 +0.69 NCDEX ROUNDUP Cardamom prices edged higher by 0.71% to Rs 953 per kg in futures trading yesterday as speculators engaged in creating positions amid rising demand in the spot market. Besides, tight supplies in the physical market from producing belt further fuelled the uptrend. At the Multi Commodity Ex- change, cardamom for delivery in October rose by Rs 6.70, or 0.71%, to Rs 953 per kg in a business turnover of 22 lots. Similarly, the spice for delivery in September gained Rs 5.30, or 0.55%, to Rs 962 per kg in 156 lots. Speculators enlarging positions on the back of rising demand in the spot markets kept cardamom prices higher at futures trade. Heavy rains in major growing areas are taking a toll on the paddy crop. In parts of Odisha, Assam and Uttar Pradesh, the crop has already seen substantial damage. Officials in the agriculture departments of these states are compiling data on the actual extent of the flooding. It is estimated up to 40 per cent of the crop in low-lying, flood-prone areas might be damaged in these states. Coastal areas in Odisha (Cuttack, Balasore, Kendrapara and Jajpur) and eastern Uttar Pradesh have been significantly affected. A senior offi- cial in the Odisha agriculture department said a meeting with the chief minister had been convened to discuss the issue.
  6. 6. DAILY REPORT 21 st AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 EUR/INR SELL EUR-INR BELOW 80.40 TGT 80.20,80 SL 80.70 BUY EUR-INR ABOVE 80.80 TGT 81,81.30 SL 80.50 USD/INR BUY USD-INR ABOVE 60.90 TGT 61.10,61.50 SL 60.65 SELL USD-INR BELOW 60.50 TGT 60.30.60 SL 60.80 CURRENCY ROUNDUP The Indian rupee rose to a near three-week high against the dollar on Wednesday on the back of strong foreign investor buying in the debt market, although greenback demand from importers and a fall in shares limited further gains. A large foreign bank was spotted selling dollars, amounting to around $250 million, for investment intended into govern- ment bond markets. The focus will shift to global factors, including the release of the minutes of the U.S. Federal Reserve policy meeting in July later in the day and the annual gathering of policymak- ers and central bankers in Jackson Hole, Wyoming, later this week. The partially convertible rupee closed at 60.61/62 per dollar compared with 60.6750/6850 in the previous session. The unit hit 60.52 during trade, its highest since July 31, al- though it ceded ground later in part on dollar demand from importers. The gains in the rupee came on a day when gov- ernment bonds rallied amid speculation that foreign portfo- lio investors were active buyers, especially in 5-8 year debt. Meanwhile, shares edged lower after hitting a third con- secutive record high earlier. Foreign funds added 41.22 billion rupees ($677.4 million) in exposure to Indian equity derivatives on Tuesday, exchange data showed. In the offshore non-deliverable forwards, the one-month contract was at 61, while the three-month con- tract was at 61.62. The dollar was up across the board as investors detected a hawkish turn in policy discussions at the Federal Reserve. The U.S. dollar index, which measures the greenback against a basket of six major currencies, climbed further to 82.334 after breaking decisively higher overnight. The dollar also notched up a four-month peak against the yen at 103.96, while the euro crumbled to an 11-1/2-month trough of $1.3243. RBI Reference Rate Currency Rate Currency Rate Rupee- $ 60.6690 Yen-100 58.8000 Euro 80.7255 GBP 100.8076
  7. 7. DAILY REPORT 21 st AUGUST 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 20/08/14 MCX GOLD OCT. BUY 28290 28370-28470 28200 NOT EXECUTED 20/08/14 MCX GOLD OCT. SELL 28200 28120-28020 28280 NO PROFIT NO LOSS 20/08/14 MCX SILVER SEP. BUY 42400 42600-42900 42100 NO PROFIT NO LOSS 20/08/14 MCX SILVER SEP. SELL 42100 41900-41600 42400 NOT EXECUTED 20/08/14 NCDEX GUARGUM OCT. BUY 17060 17110-17210 17070 BOOKED FULL PROFIT 20/08/14 NCDEX GUARGUM OCT. SELL 16900 16850-16750 16990 SL TRIGGERED 20/08/14 NCDEX DHANIYA AUG. BUY 11820 11850-11900 11770 BOOKED FULL PROFIT 20/08/14 NCDEX DHANIYA AUG. SELL 11685 11655-11605 11735 NOT EXECUTED 20/08/14 USD/INR AUG. BUY 60.85 61.05-61.45 60.50 SL TRIGGERED 20/08/14 USD/INR AUG. SELL 60.50 60.30-60.00 60.80 NOT EXECUTED 20/08/14 EUR/INR AUG. SELL 80.90 80.70-80.40 81.20 BOOKED FULL PROFIT 20/08/14 EUR/INR AUG. BUY 81.20 81.40-81.70 80.90 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 20/08/14 NIFTY FUTURE BUY 7925 7975-8025 7875 CALL OPEN 20/08/14 GODREJ FUTURE BUY 342-344 348-352 338 BOOKED PROFIT 20/08/14 UBL FUTURE BUY 730-740 750-770 710 BOOKED PROFIT 20/08/14 SOBHA DEVEL- OPER CASH BUY 490 498-506 482 SL TRIGGERED 19/08/14 NIFTY FUTURE BUY 7890 7940-7990 7840 CALL OPEN
  8. 8. DAILY REPORT 21 st AUGUST 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, AUG. 18 10 AM HOME BUILDERS' INDEX AUG. -- 53 TUESDAY, AUG. 19 8:30 AM CONSUMER PRICE INDEX JULY 0.1% 0.3% 8:30 AM CORE CPI JULY 0.2% 0.1% 8:30 AM HOUSING STARTS JULY 979,000 893,000 WEDNESDAY, AUG. 20 2 PM FOMC MINUTES 7/29-30 THURSDAY, AUG. 21 8:30 AM WEEKLY JOBLESS CLAIMS AUG. 16 -- N/A 9:45 AM MARKIT FLASH PMI AUG. -- 55.8 10 AM PHILLY FED AUG. -- 23.9 10 AM EXISTING HOME SALES JULY 5.02 MLN 5.04 MLN 10 AM LEADING INDICATORS JULY -- 0.3% FRIDAY, AUG. 22 NON SCHEDULED