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DAILY REPORT 
23rd SEPTEMBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
Global markets at a glance 
Asian shares slipped on Tuesday as a periodic bout of angst over China combined with the U.S. dollar's recent meteoric run to pile pressure on commodity prices. 
European shares fell on Monday, with a benchmark index retreating from the previous session's near-seven-year high. The FTSEurofirst 300 index of top European shares ended down 0.6% at 1,393.54pts. The index had climbed to near a seven-year high on Friday. 
Wall Street Update 
US stocks closed lower on Monday, with the S&P 500 suf- fering its biggest one-day decline since early August, as the latest housing data came in much weaker than expected, raising new concerns about the rate of growth in the econ- omy. Equities were also pressured after China's finance minister indicated the country would not increase stimulus measures in response to some weak data of its own. The Dow Jones industrial average fell 107.06 points, or 0.62 percent, to 17,172.68, the S&P 500 lost 16.11 points, or 0.8 percent, to 1,994.29 and the Nasdaq Composite dropped 52.10 points, or 1.14 percent, to 4,527.69. The day marked the biggest one-day decline for the S&P since August 5, and the biggest for the Nasdaq since July 31. 
Previous day Roundup 
After a major tiff with the bears, the market ended on a higher note. Market recouped early losses to finally end the session, with the Nifty gaining for the fourth straight day, led by index heavyweight ITC and auto major Tata Motors. The total market turnover for the day stood at 5.9 lakh crore, which is the fifth highest till date. Earlier in the day, after opening in the red, the benchmark index languished in the negative territory till early noon trades. The BSE benchmark had touched a low of 26,918 in intra-day trades. The Sensex was up 116.32 points at 27206.74, and the Nifty was up 24.85 points at 8146.30. About 1671 shares have advanced, 1381 shares declined, and 92 shares were unchanged. 
Index stats 
The sartorial indices performed as follow; Consumer Dur- ables [up 299.12pts], Capital Goods [down 29.97pts], PSU [up 49.56pts], FMCG [up 141.85pts], Realty [down 14.25pts], Power [down 12.60pts], Auto [up 198.33pts], Healthcare [down 125.22pts], IT [down 28.52pts], Metals [down 148.78pts], TECK [down 23.29pts], Oil& Gas [up 96.43pts]. 
World Indices 
Index 
Value 
% Change 
D J l 
17172.68 
-0.62 
S&P 500 
1994.29 
-0.80 
NASDAQ 
4527.69 
-1.14 
EURO STO 
3257.48 
-0.48 
FTSE 100 
6773.63 
-0.94 
Nikkei 225 
16205.90 
-0.71 
Hong Kong 
23901.07 
-0.23 
Top Gainers 
Company 
CMP 
Change 
% Chg 
TATAMOTORS 
539.35 
20.45 
3.94 
ONGC 
418.95 
14.95 
3.70 
ITC 
371.00 
11.60 
3.23 
BPCL 
671.00 
13.75 
2.09 
INDUSINDBK 
642.45 
12.35 
1.96 
Top Losers 
Company 
CMP 
Change 
% Chg 
DLF 
166.10 
5.85 
-3.40 
ASIANPAINT 
651.10 
16.60 
-2.49 
TATASTEEL 
499.05 
11.95 
-2.34 
BHEL 
221.40 
5.10 
-2.25 
ZEEL 
306.35 
7.05 
-2.25 
Stocks at 52 Week’s high 
Symbol 
Prev. Close 
Change 
%Chg 
ABB 
1,234.90 
7.95 
0.65 
BAJAJ-AUTO 
2,413.00 
0.65 
0.03 
ESCORTS 
162.90 
-1.30 
-0.79 
HEXAWARE 
196.50 
0.90 
0.46 
PETRONET 
202.00 
4.20 
2.12 
Indian Indices 
Company 
CMP 
Change 
% Chg 
NIFTY 
8146.30 
+24.85 
+0.31 
SENSEX 
27206.74 
+116.32 
+0.43 
Stocks at 52 Week’s Low 
Symbol 
Prev. Close 
Change 
%Chg 
CMAHENDRA 
26.75 
0.25 
0.94 
SUNTV 
333.40 
-10.20 
-2.97
DAILY REPORT 
23rd SEPTEMBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
STOCK RECOMMENDATIONS [FUTURE] 
1. PTC INDIA [FUTURE] 
PTC INDIA FUTURE is looking strong on charts, long build up 
has been seen, we may see more upside, if it sustains above 
95 levels. We advise buying around 94-95 levels with strict 
stop loss of 92 for the targets of 97-99 levels. 
2. ITC [FUTURE] 
ITC FUTURE is looking strong on charts, long build up has 
been seen, we may see more upside, if it sustains above 
370 levels. We advise buying around 368-370 levels with 
strict stop loss of 365 for the targets of 373-375 levels. 
EQUITY CASH & FUTURE 
STOCK RECOMMENDATION [CASH] 
1. GATI 
GATI at 52 week high on daily chart. We advise buying 
around 199-200 level with strict stop loss 195 for the tar-gets 
203-207 
MACRO NEWS 
Public sector banks in India will need to raise up to USD 37 
billion over the next 4-5 years to meet Basel III compli-ance 
norms. The estimate is based on assumptions that 
there would be a moderate recovery in the economy and 
a gradual decline in the non-performing loans from the 
current levels. 
A wholly owned subsidiary of Reliance Industries Group, 
has been launched into general syndication last Friday. 
RECLTD on Monday sold three-year bonds of 26.10bn. 
Finance Ministry and RBI officials are due to meet on Fri-day 
to decide how much Crude the govt will need to bor-row 
from the markets in the second half of the 2014/15. 
The $1.5bn refinancing for Reliance Jio Infocomm rupees 
($429m) at 9.06 percent. 
India's state-owned steel producer Rashtriya Ispat Nigam 
Ltd has filed draft papers for an initial public offer of 10% 
of its shares. 
Home prices set to zoom as Delhi government hikes circle 
rates by 20 percent. 
IIFL : Ex- dividend Rs 3/share - SKF India : Ex-dividend Rs 
7.5/share.
DAILY REPORT 
23rd 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 
8,100 
16 
7,59,712 
62,47,850 
NIFTY 
PE 
8,000 
4.85 
5,42,972 
82,69,550 
NIFTY 
PE 
7,900 
2.1 
2,27,334 
52,23,550 
BANKNIFTY 
PE 
16,000 
32.9 
57,441 
4,03,625 
SBIN 
PE 
2,550 
9.8 
9,385 
8,18,000 
TATASTEEL 
PE 
500 
5.9 
2,869 
8,26,000 
TATAMOTORS 
PE 
520 
1.45 
2,553 
8,75,000 
DLF 
PE 
170 
5.35 
2,531 
14,48,000 
MOST ACTIVE CALL OPTION 
Symbol 
Op- tion 
Type 
Strike Price 
LTP 
Traded Volume (Contracts) 
Open Interest 
NIFTY 
CE 
8,100 
65.4 
6,90,163 
45,55,850 
NIFTY 
CE 
8,200 
13.8 
6,88,697 
77,58,850 
NIFTY 
CE 
8,150 
33.85 
2,43,940 
16,32,700 
BANKNIFTY 
CE 
16,300 
47.05 
47,670 
2,52,775 
SBIN 
CE 
2,600 
26.8 
14,684 
4,38,625 
TATAMOTORS 
CE 
540 
5.9 
5,767 
8,73,000 
RELAINCE 
CE 
1,000 
6.4 
5,515 
13,26,750 
ICICIBANK 
CE 
1,600 
6.2 
4,808 
7,23,500 
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 
134866 
5500.30 
131344 
5335.37 
347516 
14199.54 
164.92 
INDEX OPTIONS 
476114 
19234.76 
480312 
19388.61 
1744659 
71036.88 
-153.85 
STOCK FUTURES 
293882 
10669.11 
302421 
10997.77 
1328748 
49373.84 
-328.66 
STOCK OPTIONS 
71508 
2800.57 
72243 
2864.69 
91049 
3340.23 
-64.11 
TOTAL 
-381.70 
INDICES 
R2 
R1 
PIVOT 
S1 
S2 
NIFTY 
8,218.77 
8,182.53 
8,123.67 
8,087.43 
8,028.57 
BANK NIFTY 
16,413.88 
16,304.22 
16,162.68 
16,053.02 
15,911.48 
STOCKS IN NEWS Pidilite Industries -To acquire adhesive business of Blue Coat for Rs 263.6 crore. Coal India scouting for locations for Rs 7,000 crore so- lar projects. GMR Infrastructure seeks SEBI nod for Rs 1,500 crore rights issue. IFCI to partially disinvest its shareholding in Tourism Finance Corporation. Engineers India secures consultancy contract from As- sam Petrochem 
NIFTY FUTURE 
Nifty Future closed flat in the last trading session. We advise buying around 8180 with strict stop loss 8130 the targets of 8230-8280
DAILY REPORT 
23rd SEPTEMBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
COMMODITY MCX 
RECOMMENDATIONS 
SILVER 
TRADING STRATEGY: 
BUY SILVER DEC ABOVE 39800 TGTS 40000,40300 SL 39500 
SELL SILVER DEC BELOW 39250 TGTS 39050,38750 SL 39550 
GOLD 
TRADING STRATEGY: 
BUY GOLD OCT ABOVE 26740 TGTS 26820,26920 SL 26660 
SELL GOLD OCT BELOW 26460 TGTS 26380,26280 SL 26560 
COMMODITY ROUNDUP 
The international crude oil price of Indian Basket increased 0.37% to USD 107.49 a barrel (bbl) on May 16, 2014 as against USD 107.09 a bbl on May 15, 2014. In rupee terms, the price of Indian Basket decreased marginally to Rs 6,326.86 a bbl on May 16, 2014 as compared to Rs 6,368.64 a bbl on May 15, 2014. Crude oil futures fell on Monday as ample supply and slowing economic growth in Europe and China outweighed expectations of a cut in oil output from the OPEC. 
The falling price of gold is expected to improve its demand and, hence, import. The sector estimates a rise in the latter of five to seven per cent in quantity over the coming months but not in value terms, due to the fall in price. Hence, the import bill is unlikely to be much higher. Import had risen in June to 97 tonnes, after the Reserve Bank granted permission to star trading and export houses. It then dipped to 45 tonnes in July and 50 tonnes in August, due to depression in demand. 
Aluminium prices fell over one% to Rs 118.90 per kg in fu- tures trading yesterday as speculators reduced exposure amid weak global trend. At MCX aluminium for delivery in October declined by Rs 1.30, or 1.08%, to Rs 118.90 per kg in business turnover of 21 lots. Similarly, the metal for de- livery in the current month contracts traded lower by Rs 1.10, or 0.93%, to Rs 117.80 per kg in 162 lots. Speculators offloaded their positions in tandem with a weakness in metal at the LME and subdued domestic demand, which mainly influenced aluminium prices at futures trade. 
Copper prices fell by 1.57% to Rs 414.05 per kg in futures trade yesterday as speculators trimmed positions amid weak cues from global markets and subdued domestic de- mand. At MCX, copper for delivery in far-month November fell by Rs 6.60, or 1.57%, to Rs 414.05 per kg in a business turnover of 1,632 lots. The fall in copper futures was mostly in line with a weakening trend overseas before data tomorrow that may show manufacturing slowed for a sec- ond month in China, the biggest consumer. Besides, low demand from domestic consuming industries too weighed on prices, they said. Globally, copper for delivery in three months retreated as much as 1% to USD 6,768.50 a tonne on the LME. Prices are down 8% this year, the most among the six main metals on the exchange.
DAILY REPORT 
23rd SEPTEMBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
RECOMMENDATIONS 
DHANIYA 
BUY DHANIYA OCT ABOVE 11750 TGTS 11780,11830 SL 11700 
SELL DHANIYA OCT BELOW 11625 TGTS 11595,11545 SL 11675 
GUARGUM 
BUY GUARGUM OCT ABOVE 16330 TGTS 16380,16480 SL 16230 
SELL GUARGUM OCT BELOW 16250 TGTS 16200,16100 SL 16350 
NCDEX 
NCDEX INDICES 
Index 
Value 
% Change 
Castor Seed 
4349 
+1.80 
Chana 
2789 
-1.48 
Coriander 
11710 
+1.01 
Cotton Seed Oilcake 
1385 
+0.73 
Guar Seed 10 MT 
5701 
+2.54 
Jeera 
10610 
-0.47 
Mustard seed 
3609 
-0.63 
Soy Bean 
3048 
-2.21 
Turmeric 
5940 
+1.19 
NCDEX ROUNDUP 
The department of sugar has called a meeting of cane com- missioners shortly to assess the sugar production for the new season to start from October 2014-September 2015. Following the fist advance estimates released by the minis- try of agriculture, there is concern that sugar production may not cross 24.5 million tones unlike the earlier estimate. Earlier the sugar production was estimated to be in the range of 24.5-25 million tonnes. First the demand and pro- duction of sugar is to be estimated based on this production estimates which again holds the key for decision to be taken on continuation of the subsidy to be given for the raw sugar production for exports. 
The sowing of kharif crops showed a steady increase during this week. The total sown area as on 19th September, 2014 stands at 1015.18 lakh hectare as compared to 1040.85 lakh hectare at this time last year. 
Krishi Vigyan Kendra(KVK), Panniyur, will start a participa- tory pepper rehabilitation project in the Kannur district in four panchayats next week and would launch a new initia- tive to encourage farmers to start mini nurseries in their homesteads to find a solution to the scarcity of pepper seedlings. 
Maize futures have witnessed some buying from lower lev- els due to anticipation of weak kharif coarse cereals sup- plies in the current year coupled with strong demand by feedmiller in local mandies. The NCDEX futures increased by 0.46 percent yesterday.
DAILY REPORT 
23rd SEPTEMBER 2014 
YOUR MINTVISORY Call us at +91-731-6642300 
GBP/INR 
BUY GBP-INR ABOVE 99.6000 TGT 99.8000,100.1000 SL 99.3500 
SELL GBP-INR BELOW 99.2000 TGT 99.0000,98.7000 SL 99.4600 
USD/INR 
SELL USD-INR BELOW 60.6500 TGT 60.4500,60.1500 SL 60.9000 
BUY USD-INR ABOVE 61.0000 TGT 61.2000,61.5000 SL 60.7500 
CURRENCY ROUNDUP 
The Indian rupee ended little changed on Monday after gaining in each of the previous four sessions as investors turned more cautious a day before a preliminary survey on China's manufacturing sector. The partially convertible ru- pee ended at 60.8150/8250 per dollar, compared with its close of 60.81/82 on Friday. 
The dollar hovered just below a four-year peak against a basket of major currencies early in Asia on Tuesday as the euro steadied near a 14-month trough with sellers taking a bit of a breather. The dollar index .DXY last traded at 84.699, having peaked at 84.861 on Monday, a high not seen since July 2010. It has posted 10 straight weeks of gains as markets wagered U.S. rates would rise long before those in Europe or Japan. The Canadian dollar was also un- der the pump in the wake of dovish comments from the central bank, which said interest rates may have to be lower than they have been historically for the economy to operate at full capacity. 
The euro squeezed up to $1.2849 having plumbed a fresh 14-month low of $1.2816, prompting some traders to sus- pect it might correct higher as key support near $1.2800 loomed. Against the yen, the dollar was at 108.82 not far from a six-year high of 109.46 set on Friday. The euro fetched 139.85 yen in the middle of this year's 135.73- 145.08 range. 
Long-dated Treasuries yields dipped to their lowest in over a week on Monday on the view that lingering weakness in U.S. economic data may force the Federal Reserve to main- tain a dovish stance on raising interest rates. 
The RBIsaid on Monday it accepted all 33 bids for 100.66 billion rupees ($1.66 bn) at its one-day repo auction, through which it injects liquidity into the banking system. Indian banks' refinancing with RBI falls to 126.97 bn rupees. Indian banks' cash balances with RBI fall to 3.29 trn rupees. 
RBI Reference Rate 
Currency 
Rate 
Currency 
Rate 
Rupee- $ 
60.8055 
Yen-100 
55.7300 
Euro 
78.4695 
GBP 
100.0615
DAILY REPORT 
23rd 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 
22/09/14 
MCX GOLD 
OCT. 
BUY 
26560 
26640-26740 
26460 
BOOKED PROFIT 
22/09/14 
MCX GOLD 
OCT. 
SELL 
26460 
26380-26280 
26560 
BOOKED PROFIT 
22/09/14 
MCX SILVER 
DEC. 
BUY 
39800 
40000-40300 
39500 
NOT EXECUTED 
22/09/14 
MCX SILVER 
DEC. 
SELL 
39550 
39350-39050 
39800 
BOOKED FULL PROFIT 
22/09/14 
NCDEX GUARGUM 
OCT. 
BUY 
11635 
11665-11715 
11585 
BOOKED PROFIT 
22/09/14 
NCDEX GUARGUM 
OCT. 
SELL 
11530 
11500-11450 
11580 
SL TRIGGERED 
22/09/14 
NCDEX DHANIYA 
OCT. 
BUY 
15950 
16000-16100 
15860 
BOOKED FULL PROFIT 
22/09/14 
NCDEX DHANIYA 
OCT. 
SELL 
15700 
15650-15550 
15790 
BOOKED PROFIT 
22/09/14 
USD/INR 
SEP. 
BUY 
60.70 
60.50-60.20 
60.96 
NO PROFIT NO LOSS 
22/09/14 
USD/INR 
SEP. 
SELL 
60.95 
61.15-61.35 
60.70 
NOT EXECUTED 
22/09/14 
JPY/INR 
SEP. 
BUY 
56.20 
57.40-57.70 
55.95 
NOT EXECUTED 
22/09/14 
JPY/INR 
SEP. 
SELL 
55.80 
55.50-55.30 
56.05 
NOT EXECUTED 
Date 
Scrip 
CASH/ FUTURE/ OPTION 
Strategy 
Entry Level 
Target 
Stop Loss 
Remark 
22/09/14 
NIFTY 
FUTURE 
SELL 
8090 
8040-7990 
8140 
SL TREGGRED 
22/09/14 
VOLTAS 
FUTURE 
SELL 
242-245 
238-234 
254 
CALL OPEN 
22/09/14 
BATAINDIA 
FUTURE 
BUY 
1300-1310 
1325-1340 
1275 
CALL OPEN 
22/09/14 
ALEMBIC PHARMA 
CASH 
BUY 
430-431 
439-447 
423 
BOOKED PROFIT 
19/09/14 
NIFTY 
FUTURE 
BUY 
8150 
8200-8250 
8100 
SL TREGGRED
DAILY REPORT 
23rd 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

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Stock market special report by epic research 23rd september 2014

  • 1. DAILY REPORT 23rd SEPTEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Asian shares slipped on Tuesday as a periodic bout of angst over China combined with the U.S. dollar's recent meteoric run to pile pressure on commodity prices. European shares fell on Monday, with a benchmark index retreating from the previous session's near-seven-year high. The FTSEurofirst 300 index of top European shares ended down 0.6% at 1,393.54pts. The index had climbed to near a seven-year high on Friday. Wall Street Update US stocks closed lower on Monday, with the S&P 500 suf- fering its biggest one-day decline since early August, as the latest housing data came in much weaker than expected, raising new concerns about the rate of growth in the econ- omy. Equities were also pressured after China's finance minister indicated the country would not increase stimulus measures in response to some weak data of its own. The Dow Jones industrial average fell 107.06 points, or 0.62 percent, to 17,172.68, the S&P 500 lost 16.11 points, or 0.8 percent, to 1,994.29 and the Nasdaq Composite dropped 52.10 points, or 1.14 percent, to 4,527.69. The day marked the biggest one-day decline for the S&P since August 5, and the biggest for the Nasdaq since July 31. Previous day Roundup After a major tiff with the bears, the market ended on a higher note. Market recouped early losses to finally end the session, with the Nifty gaining for the fourth straight day, led by index heavyweight ITC and auto major Tata Motors. The total market turnover for the day stood at 5.9 lakh crore, which is the fifth highest till date. Earlier in the day, after opening in the red, the benchmark index languished in the negative territory till early noon trades. The BSE benchmark had touched a low of 26,918 in intra-day trades. The Sensex was up 116.32 points at 27206.74, and the Nifty was up 24.85 points at 8146.30. About 1671 shares have advanced, 1381 shares declined, and 92 shares were unchanged. Index stats The sartorial indices performed as follow; Consumer Dur- ables [up 299.12pts], Capital Goods [down 29.97pts], PSU [up 49.56pts], FMCG [up 141.85pts], Realty [down 14.25pts], Power [down 12.60pts], Auto [up 198.33pts], Healthcare [down 125.22pts], IT [down 28.52pts], Metals [down 148.78pts], TECK [down 23.29pts], Oil& Gas [up 96.43pts]. World Indices Index Value % Change D J l 17172.68 -0.62 S&P 500 1994.29 -0.80 NASDAQ 4527.69 -1.14 EURO STO 3257.48 -0.48 FTSE 100 6773.63 -0.94 Nikkei 225 16205.90 -0.71 Hong Kong 23901.07 -0.23 Top Gainers Company CMP Change % Chg TATAMOTORS 539.35 20.45 3.94 ONGC 418.95 14.95 3.70 ITC 371.00 11.60 3.23 BPCL 671.00 13.75 2.09 INDUSINDBK 642.45 12.35 1.96 Top Losers Company CMP Change % Chg DLF 166.10 5.85 -3.40 ASIANPAINT 651.10 16.60 -2.49 TATASTEEL 499.05 11.95 -2.34 BHEL 221.40 5.10 -2.25 ZEEL 306.35 7.05 -2.25 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg ABB 1,234.90 7.95 0.65 BAJAJ-AUTO 2,413.00 0.65 0.03 ESCORTS 162.90 -1.30 -0.79 HEXAWARE 196.50 0.90 0.46 PETRONET 202.00 4.20 2.12 Indian Indices Company CMP Change % Chg NIFTY 8146.30 +24.85 +0.31 SENSEX 27206.74 +116.32 +0.43 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg CMAHENDRA 26.75 0.25 0.94 SUNTV 333.40 -10.20 -2.97
  • 2. DAILY REPORT 23rd SEPTEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. PTC INDIA [FUTURE] PTC INDIA FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 95 levels. We advise buying around 94-95 levels with strict stop loss of 92 for the targets of 97-99 levels. 2. ITC [FUTURE] ITC FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 370 levels. We advise buying around 368-370 levels with strict stop loss of 365 for the targets of 373-375 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. GATI GATI at 52 week high on daily chart. We advise buying around 199-200 level with strict stop loss 195 for the tar-gets 203-207 MACRO NEWS Public sector banks in India will need to raise up to USD 37 billion over the next 4-5 years to meet Basel III compli-ance norms. The estimate is based on assumptions that there would be a moderate recovery in the economy and a gradual decline in the non-performing loans from the current levels. A wholly owned subsidiary of Reliance Industries Group, has been launched into general syndication last Friday. RECLTD on Monday sold three-year bonds of 26.10bn. Finance Ministry and RBI officials are due to meet on Fri-day to decide how much Crude the govt will need to bor-row from the markets in the second half of the 2014/15. The $1.5bn refinancing for Reliance Jio Infocomm rupees ($429m) at 9.06 percent. India's state-owned steel producer Rashtriya Ispat Nigam Ltd has filed draft papers for an initial public offer of 10% of its shares. Home prices set to zoom as Delhi government hikes circle rates by 20 percent. IIFL : Ex- dividend Rs 3/share - SKF India : Ex-dividend Rs 7.5/share.
  • 3. DAILY REPORT 23rd 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 8,100 16 7,59,712 62,47,850 NIFTY PE 8,000 4.85 5,42,972 82,69,550 NIFTY PE 7,900 2.1 2,27,334 52,23,550 BANKNIFTY PE 16,000 32.9 57,441 4,03,625 SBIN PE 2,550 9.8 9,385 8,18,000 TATASTEEL PE 500 5.9 2,869 8,26,000 TATAMOTORS PE 520 1.45 2,553 8,75,000 DLF PE 170 5.35 2,531 14,48,000 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 8,100 65.4 6,90,163 45,55,850 NIFTY CE 8,200 13.8 6,88,697 77,58,850 NIFTY CE 8,150 33.85 2,43,940 16,32,700 BANKNIFTY CE 16,300 47.05 47,670 2,52,775 SBIN CE 2,600 26.8 14,684 4,38,625 TATAMOTORS CE 540 5.9 5,767 8,73,000 RELAINCE CE 1,000 6.4 5,515 13,26,750 ICICIBANK CE 1,600 6.2 4,808 7,23,500 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 134866 5500.30 131344 5335.37 347516 14199.54 164.92 INDEX OPTIONS 476114 19234.76 480312 19388.61 1744659 71036.88 -153.85 STOCK FUTURES 293882 10669.11 302421 10997.77 1328748 49373.84 -328.66 STOCK OPTIONS 71508 2800.57 72243 2864.69 91049 3340.23 -64.11 TOTAL -381.70 INDICES R2 R1 PIVOT S1 S2 NIFTY 8,218.77 8,182.53 8,123.67 8,087.43 8,028.57 BANK NIFTY 16,413.88 16,304.22 16,162.68 16,053.02 15,911.48 STOCKS IN NEWS Pidilite Industries -To acquire adhesive business of Blue Coat for Rs 263.6 crore. Coal India scouting for locations for Rs 7,000 crore so- lar projects. GMR Infrastructure seeks SEBI nod for Rs 1,500 crore rights issue. IFCI to partially disinvest its shareholding in Tourism Finance Corporation. Engineers India secures consultancy contract from As- sam Petrochem NIFTY FUTURE Nifty Future closed flat in the last trading session. We advise buying around 8180 with strict stop loss 8130 the targets of 8230-8280
  • 4. DAILY REPORT 23rd SEPTEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY MCX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER DEC ABOVE 39800 TGTS 40000,40300 SL 39500 SELL SILVER DEC BELOW 39250 TGTS 39050,38750 SL 39550 GOLD TRADING STRATEGY: BUY GOLD OCT ABOVE 26740 TGTS 26820,26920 SL 26660 SELL GOLD OCT BELOW 26460 TGTS 26380,26280 SL 26560 COMMODITY ROUNDUP The international crude oil price of Indian Basket increased 0.37% to USD 107.49 a barrel (bbl) on May 16, 2014 as against USD 107.09 a bbl on May 15, 2014. In rupee terms, the price of Indian Basket decreased marginally to Rs 6,326.86 a bbl on May 16, 2014 as compared to Rs 6,368.64 a bbl on May 15, 2014. Crude oil futures fell on Monday as ample supply and slowing economic growth in Europe and China outweighed expectations of a cut in oil output from the OPEC. The falling price of gold is expected to improve its demand and, hence, import. The sector estimates a rise in the latter of five to seven per cent in quantity over the coming months but not in value terms, due to the fall in price. Hence, the import bill is unlikely to be much higher. Import had risen in June to 97 tonnes, after the Reserve Bank granted permission to star trading and export houses. It then dipped to 45 tonnes in July and 50 tonnes in August, due to depression in demand. Aluminium prices fell over one% to Rs 118.90 per kg in fu- tures trading yesterday as speculators reduced exposure amid weak global trend. At MCX aluminium for delivery in October declined by Rs 1.30, or 1.08%, to Rs 118.90 per kg in business turnover of 21 lots. Similarly, the metal for de- livery in the current month contracts traded lower by Rs 1.10, or 0.93%, to Rs 117.80 per kg in 162 lots. Speculators offloaded their positions in tandem with a weakness in metal at the LME and subdued domestic demand, which mainly influenced aluminium prices at futures trade. Copper prices fell by 1.57% to Rs 414.05 per kg in futures trade yesterday as speculators trimmed positions amid weak cues from global markets and subdued domestic de- mand. At MCX, copper for delivery in far-month November fell by Rs 6.60, or 1.57%, to Rs 414.05 per kg in a business turnover of 1,632 lots. The fall in copper futures was mostly in line with a weakening trend overseas before data tomorrow that may show manufacturing slowed for a sec- ond month in China, the biggest consumer. Besides, low demand from domestic consuming industries too weighed on prices, they said. Globally, copper for delivery in three months retreated as much as 1% to USD 6,768.50 a tonne on the LME. Prices are down 8% this year, the most among the six main metals on the exchange.
  • 5. DAILY REPORT 23rd SEPTEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA OCT ABOVE 11750 TGTS 11780,11830 SL 11700 SELL DHANIYA OCT BELOW 11625 TGTS 11595,11545 SL 11675 GUARGUM BUY GUARGUM OCT ABOVE 16330 TGTS 16380,16480 SL 16230 SELL GUARGUM OCT BELOW 16250 TGTS 16200,16100 SL 16350 NCDEX NCDEX INDICES Index Value % Change Castor Seed 4349 +1.80 Chana 2789 -1.48 Coriander 11710 +1.01 Cotton Seed Oilcake 1385 +0.73 Guar Seed 10 MT 5701 +2.54 Jeera 10610 -0.47 Mustard seed 3609 -0.63 Soy Bean 3048 -2.21 Turmeric 5940 +1.19 NCDEX ROUNDUP The department of sugar has called a meeting of cane com- missioners shortly to assess the sugar production for the new season to start from October 2014-September 2015. Following the fist advance estimates released by the minis- try of agriculture, there is concern that sugar production may not cross 24.5 million tones unlike the earlier estimate. Earlier the sugar production was estimated to be in the range of 24.5-25 million tonnes. First the demand and pro- duction of sugar is to be estimated based on this production estimates which again holds the key for decision to be taken on continuation of the subsidy to be given for the raw sugar production for exports. The sowing of kharif crops showed a steady increase during this week. The total sown area as on 19th September, 2014 stands at 1015.18 lakh hectare as compared to 1040.85 lakh hectare at this time last year. Krishi Vigyan Kendra(KVK), Panniyur, will start a participa- tory pepper rehabilitation project in the Kannur district in four panchayats next week and would launch a new initia- tive to encourage farmers to start mini nurseries in their homesteads to find a solution to the scarcity of pepper seedlings. Maize futures have witnessed some buying from lower lev- els due to anticipation of weak kharif coarse cereals sup- plies in the current year coupled with strong demand by feedmiller in local mandies. The NCDEX futures increased by 0.46 percent yesterday.
  • 6. DAILY REPORT 23rd SEPTEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 GBP/INR BUY GBP-INR ABOVE 99.6000 TGT 99.8000,100.1000 SL 99.3500 SELL GBP-INR BELOW 99.2000 TGT 99.0000,98.7000 SL 99.4600 USD/INR SELL USD-INR BELOW 60.6500 TGT 60.4500,60.1500 SL 60.9000 BUY USD-INR ABOVE 61.0000 TGT 61.2000,61.5000 SL 60.7500 CURRENCY ROUNDUP The Indian rupee ended little changed on Monday after gaining in each of the previous four sessions as investors turned more cautious a day before a preliminary survey on China's manufacturing sector. The partially convertible ru- pee ended at 60.8150/8250 per dollar, compared with its close of 60.81/82 on Friday. The dollar hovered just below a four-year peak against a basket of major currencies early in Asia on Tuesday as the euro steadied near a 14-month trough with sellers taking a bit of a breather. The dollar index .DXY last traded at 84.699, having peaked at 84.861 on Monday, a high not seen since July 2010. It has posted 10 straight weeks of gains as markets wagered U.S. rates would rise long before those in Europe or Japan. The Canadian dollar was also un- der the pump in the wake of dovish comments from the central bank, which said interest rates may have to be lower than they have been historically for the economy to operate at full capacity. The euro squeezed up to $1.2849 having plumbed a fresh 14-month low of $1.2816, prompting some traders to sus- pect it might correct higher as key support near $1.2800 loomed. Against the yen, the dollar was at 108.82 not far from a six-year high of 109.46 set on Friday. The euro fetched 139.85 yen in the middle of this year's 135.73- 145.08 range. Long-dated Treasuries yields dipped to their lowest in over a week on Monday on the view that lingering weakness in U.S. economic data may force the Federal Reserve to main- tain a dovish stance on raising interest rates. The RBIsaid on Monday it accepted all 33 bids for 100.66 billion rupees ($1.66 bn) at its one-day repo auction, through which it injects liquidity into the banking system. Indian banks' refinancing with RBI falls to 126.97 bn rupees. Indian banks' cash balances with RBI fall to 3.29 trn rupees. RBI Reference Rate Currency Rate Currency Rate Rupee- $ 60.8055 Yen-100 55.7300 Euro 78.4695 GBP 100.0615
  • 7. DAILY REPORT 23rd 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 22/09/14 MCX GOLD OCT. BUY 26560 26640-26740 26460 BOOKED PROFIT 22/09/14 MCX GOLD OCT. SELL 26460 26380-26280 26560 BOOKED PROFIT 22/09/14 MCX SILVER DEC. BUY 39800 40000-40300 39500 NOT EXECUTED 22/09/14 MCX SILVER DEC. SELL 39550 39350-39050 39800 BOOKED FULL PROFIT 22/09/14 NCDEX GUARGUM OCT. BUY 11635 11665-11715 11585 BOOKED PROFIT 22/09/14 NCDEX GUARGUM OCT. SELL 11530 11500-11450 11580 SL TRIGGERED 22/09/14 NCDEX DHANIYA OCT. BUY 15950 16000-16100 15860 BOOKED FULL PROFIT 22/09/14 NCDEX DHANIYA OCT. SELL 15700 15650-15550 15790 BOOKED PROFIT 22/09/14 USD/INR SEP. BUY 60.70 60.50-60.20 60.96 NO PROFIT NO LOSS 22/09/14 USD/INR SEP. SELL 60.95 61.15-61.35 60.70 NOT EXECUTED 22/09/14 JPY/INR SEP. BUY 56.20 57.40-57.70 55.95 NOT EXECUTED 22/09/14 JPY/INR SEP. SELL 55.80 55.50-55.30 56.05 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 22/09/14 NIFTY FUTURE SELL 8090 8040-7990 8140 SL TREGGRED 22/09/14 VOLTAS FUTURE SELL 242-245 238-234 254 CALL OPEN 22/09/14 BATAINDIA FUTURE BUY 1300-1310 1325-1340 1275 CALL OPEN 22/09/14 ALEMBIC PHARMA CASH BUY 430-431 439-447 423 BOOKED PROFIT 19/09/14 NIFTY FUTURE BUY 8150 8200-8250 8100 SL TREGGRED
  • 8. DAILY REPORT 23rd 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