Stock market special report by epic research 27th 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 27th august 2014

  1. 1. DAILY REPORT 27th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Major Asian markets were trading lower with Chinese shares declining the most. Japanese shares which had rebounded yesterday failed to extend gains after in- vestors booked profits as the weakening yen was seen stable against the dollar. The Nikkei ended down 0.6%. Losses were led by ex- porters stocks such as SoftBank Corp and global car major Honda Motor Co. Shanghai COmposite ended down 1%, Hang Seng slipped 0.4% and Straits Times ended down 0.2%. European shares were trading flat as investors booked profits at higher levels post the sharp gains seen on Monday on hopes of further monetary stimulus meas- ures from the European Central Bank to boost the economy. The FTSE-100 was up 0.2%, DAX fell 0.5% and the CAC-40 was trading flat with negative bias. Wall Street U.S. stocks edged higher on Tuesday to lift the S&P 500 just a hair above the 2,000 mark, its first close above that milestone, after data that pointed to a brighter future for the economy. The Dow Jones in- dustrial average rose 29.83 points or 0.17 percent, to end at 17,106.70. The S&P 500 gained 2.10 points or 0.11 percent, to close at 2,000.02, a record high. The Nasdaq Composite added 13.29 points or 0.29 per- cent, to finish at 4,570.64. The Dow industrials had touched a record intraday high of 17,153.80 during Tuesday's session. Previous day Roundup Markets ended flat, amid a volatile trading session, even as select metal stocks rebounded while power stocks extended losses after the apex court's verdict on coal block allocations. The 30-share Sensex ended up 6 points at 26,443 and the 50-share Nifty ended down 2 points at 7,905 World Indices Index Value % Change D J l 17106.70 +0.17 S&P 500 2,000.02 +0.11 NASDAQ 4570.64 +0.29 EURO STO 3197.54 +1.01 FTSE 100 6822.76 +0.70 Nikkei 225 15518.59 -0.02 Hong Kong 25074.19 -0.00 Top Gainers Company CMP Change % Chg HINDALCO 171.15 3.60 3.82 TATASTEEL 524.95 12.95 2.53 LUPIN 1,287.10 23.75 1.88 BHEL 236.00 3.75 1.61 GAIL 434.00 6.60 1.54 Top Losers Company CMP Change % Chg JINDALSTEL 237.75 15.70 -6.19 IDFC 142.90 4.10 -2.79 ACC 1,490.05 41.665 -2.72 ONGC 420.05 8.70 -2.03 GRASIM 3,380.70 64.55 -1.87 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg ARVIND 278.7 7.00 +2.58 AUROPHARMA 831.00 13.30 +1.63 CIPLA 512.00 4.60 +0.91 KOTAKBANK 1056.95 12.30 +1.18 LUPIN 1287.10 23.75 +1.88 Indian Indices Company CMP Change % Chg NIFTY 7,905 -1.55 -0.02 SENSEX 26,443 +5.79 +0.02 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg
  2. 2. DAILY REPORT 27th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. SIEMENS FUTURE SIEMENS FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 800 levels. We advise selling below 800 levels with strict stoploss of 810 for the targets of 790-780 levels. 2. VOLTAS FUTURE VOLTAS FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 240 levels. We advise buying around 240-242 levels with strict stoploss of 237 for the targets of 245-248 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. CENTURYPLY CENTURYPLY strong on daily chart. We advise buying around 92.50 level with strict stop loss 90.50 for the targets of 94.50-96.50 MACRO NEWS Cabinet Committee on Economic Affairs, Cabinet Commit-tee on Investment and CCS to meet today at 5 pm -CCEA to clear divest of governement's 5 percent stake in ONGC via offer for sale (OFS) -CCEA may approve coal supply linkages to power plants. CCEA to consider coal supply to 4660 MW capacity Finance and power ministries to discuss stake sales in Power Finance Corporation , Rural Electrification Corpora-tion today. Finance, coal ministries approve reappointment of bank-ers for Coal India stake sale. Adani Enterprises, Adani Ports, UCO Bank, McLeod Russel excluded from CNX Midcap Index -HDIL, IOC, IRB, Ranbaxy included in CNX Midcap Index -Polaris excluded from CNX IT Index, Tata Elxsi included, effective September 26. IFCI AGM: To consider raising of funds upto Rs 20000 crore via QIP or otherwise Ministry of corporate affairs (MCA) contests Sesa Sterlite merger in SC at 2 pm. 49 percent FDI in defence allowed through FIPB.
  3. 3. DAILY REPORT 27th 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 7,900 23.1 6,92,999 47,89,000 NIFTY PE 7,800 3.5 4,41,451 64,20,250 NIFTY PE 7,850 9.5 2,79,630 24,58,300 BANKNIFTY PE 15,500 24 79,339 3,73,750 SBIN PE 2,500 19 3,297 1,89,125 INFY PE 3,600 20 3,123 80,500 TATASTEEL PE 520 2.25 3,110 6,52,000 TCS PE 2,500 7 2,921 82,000 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,900 30.7 7,37,529 60,08,900 NIFTY CE 8,000 4.7 4,99,441 97,52,300 NIFTY CE 7,950 11.55 3,24,141 25,62,450 BANKNIFTY CE 15,800 27.25 69,528 2,96,225 SBIN CE 2,500 25 11,814 4,21,125 RELIANCE CE 1,000 4.3 4,613 10,99,250 HINDALCO CE 170 3.3 4,466 8,98,000 TATASTEEL CE 530 2.85 3,806 8,64,000 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 121341 4791.49 114622 4522.45 296259 11715.85 269.05 INDEX OPTIONS 372933 14615.31 380157 14894.49 1800530 71113.80 -279.18 STOCK FUTURES 324744 11955.24 321661 11907.75 1425456 51583.80 47.49 STOCK OPTIONS 75891 2903.07 79523 3049.29 90251 3379.47 -146.22 TOTAL -108.87 INDICES R2 R1 PIVOT S1 S2 NIFTY 7,760.53 7,681.57 7,637.73 7,558.77 7,514.93 BANK NIFTY 15,534.87 15,331.33 15,213.72 15,010.18 14,892.57 STOCKS IN NEWS Coal India to enhance production or divert coal sup- plies from other users -Coal India to import to meet coal demand on cost plus basis GMR Infrastructure board approves allotment of 18 crore warrants to GMR Infra Ventures at Rs 31.50/ share Jindal Saw -To restructure transhipment business of arm Jindal NIFTY FUTURE Nifty Future downside in the last trading session. We advise selling around 7860-7850 with strict stop loss 7910 the targets of 7810-7760
  4. 4. DAILY REPORT 27th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY MCX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER SEP ABOVE 42400 TGTS 42600,42900 SL 42100 SELL SILVER SEP BELOW 41800 TGTS 41500,41000 SL 42200 GOLD TRADING STRATEGY: BUY GOLD OCT ABOVE 28000 TGTS 28080,28180 SL 27900 SELL GOLD OCT BELOW 27830 TGTS 27750,27650 SL 27950 COMMODITY ROUNDUP Crude oil futures recovered 0.16 per cent to Rs 5,692 per barrel yesterday as speculators created positions amid a better trend in Asian trade. At the Multi Commodity Ex- change, crude oil for delivery in September gained Rs 9, or 0.16 per cent, to Rs 5,692 per barrel, with a business turn- over of 868 lots. The oil for October delivery rose by a simi- lar margin to trade at Rs 5,703 per barrel, with a business volume of 40 lots. The rise in crude oil futures was largely in tune with a better trend in Asian trade as dealers await the release of a batch of US economic data for clues on whether the Federal Reserve will speed up its timetable for raising interest rates. Meanwhile, West Texas Intermediate crude prices for October delivery advanced by 20 cents to $93.55, while Brent crude for October gained 13 cents to $102.78 a barrel in late-morning trade on the New York Mercantile Exchange. Zinc prices down by 0.32 per cent to 141.70 per kg as par- ticipants offloaded positions after metal weakened on the London Metal Exchange (LME). At the Multi Commodity Exchange, zinc for delivery in August declined by 45 paise, or 0.32 per cent, to Rs 141.70 per kg in business turnover of 281 lots. Likewise, the metal for delivery in September shed 35 paise, or 0.25 per cent, to Rs 141.90 per kg in 34 lots. Globally, zinc in the LME declined for the second day, down as much as 0.7 per cent to $2,336 a tonne. The fall in zinc at futures trade was mostly attributed to weakness in copper and other base metals at the LME. Snapping its nine-day losing streak, gold prices recovered by Rs 230 to Rs 28,260 per 10 grams in the national capital today on a firming trend overseas and emergence of buying by jewellers and retailers at existing levels. Silver also rose by Rs 400 to Rs 43,000 per kg on increased offtake by indus- trial units and coin makers. Rebound in gold prices was mostly in tandem with a firming global trend on speculation that prices near a two-month low will spur purchases. Besides, emergence of buying by jewellers as well as retail- ers to meet seasonal demand, influenced gold prices, they said. Gold in Singapore, which normally determines price trend on the domestic front, rose by one per cent to USD 1,289.06 an ounce and silver by one per cent to USD 19.54 an ounce. In Delhi, gold of 99.9 and 99.5 per cent purity recovered by Rs 230 each to Rs 28,260 and Rs 28,060 per 10 grams, respectively.
  5. 5. DAILY REPORT 27th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA SEP ABOVE 12030 TGTS 12060,12110 SL 11990 SELL DHANIYA SEP BELOW 11945 TGTS 11915,11865 SL 11995 GUARGUM BUY GUARGUM OCT ABOVE 16520 TGTS 16570,16670 SL 16430 SELL GUARGUM OCT BELOW 16350 TGTS 16300,16200 SL 16440 NCDEX NCDEX INDICES Index Value % Change Castor Seed 4177 -0.69 Chana 2861 -1.21 Coriander 11842 +0.06 Cotton Seed Oilcake 1764 -1.67 Guarseed 5971 -3.99 Jeera 11075 -1.12 Mustard seed 3573 +2.26 Soy Bean 3366 -1.58 Sugar M Grade 3045 -0.46 Turmeric 6478 -2.00 NCDEX ROUNDUP Branded edible oil producers will soon cut prices by at least 10 per cent, passing on a global fall. That includes leading companies such as Cargill India, Adani Wilmer and Ruchi Soya. Malaysian palm oil futures for delivery in November slumped on August 22 to 1,999 ringgit ($655) a tonne, low- est since October 2009, due to an oversupply of alternative oilseeds. Soya oil on the Chicago Board of Trade (CBoT) was traded at 32.79 cents a pound on Monday, a marginal re- covery from a four-year low of 32.66 cents a pound on Fri- day. Edible oil prices declined by up to 19 per cent in the domestic market, with crude palm oil (CPO) down to Rs 516 per 10 kg on Monday from Rs 632.35 per 10 kg on April 1. As the global stock of pepper is shrinking, especially in Viet- nam, the prices are likely to be strong for the rest of the current year. Although the Indian market has seen a fall in prices for the last couple of weeks, the global market re- mains strong now as Brazil, Indonesia and Vietnam are quoting higher tags. The local farm gate price was dropped to Rs 700/Kg from Rs 750. This is because of the lower stock in Vietnam, world’s largest exporter, rather steady crop in Brazil and lower output from Indonesia. India had seen a steep rise in imports during last couple of months, from Sri Lanka and major local markets were flooded with cheaper Sri Lankan pepper.
  6. 6. DAILY REPORT 27th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 GBP/INR BUY GBP-INR ABOVE 100.90 TGT 101.10,101.30 SL 100.66 SELL GBP-INR BELOW 100.50 TGT 100.30,100.10 SL 100.80 USD/INR SELL USD-INR BELOW 60.80 TGT 60.60,60.35 SL 61.05 BUY USD-INR ABOVE 61 TGT 61.20,61.45 SL 60.77 CURRENCY ROUNDUP The Indian rupee was trading at 60.52 per US dollar com- pared to the previous close of 60.56. Asian currencies were marginally up on hopes the the ECB would infuseo expand liquidity to boost the European economy The Indian rupee rose on Tuesday, tracking gains in other Asian currencies, although broader gains were curbed by concerns about the wider economic impact after the coun- try's top court ruled coal blocks awarded since 1993 were illegal. Any mass cancellation of the coal blocks could lead to a surge in imports and widen the trade deficit given the impact on domestic production. The court will decide on Sept. 1 whether to cancel the allocations. Rupee gains were also curbed ahead of gross domestic product data for the April-June quarter on Friday and possi- bly current account deficit numbers sometime this week. The partially convertible rupee closed at 60.4335/4450 per dollar compared with 60.4650/4750 in the previous session. The gains tracked higher Asian currencies on hopes that the region would continue to attract capital inflows should the European Central Bank further ease monetary policy as some analysts expect. In the offshore non-deliverable forwards, the one-month contract was at 60.80/85, while the three-month was at 61.34/44. The dollar was little changed against the other major cur- rencies on Tuesday, as investors awaited the release of U.S. data later in the day and continued to monitor develop- ments in Ukraine. The dollar remained supported after Fed- eral Reserve Chair Janet Yellen said at Jackson Hole on Fri- day that the U.S. economy is recovering and added the la- bor market is improving as well. The dollar was lower against the yen, with USD/JPY down 0.18% to 103.86, and little changed against the Swiss franc, with USD/CHF at 0.9149. RBI Reference Rate Currency Rate Currency Rate Rupee- $ 60.4960 Yen-100 58.2400 Euro 79.9100 GBP 100.3266
  7. 7. DAILY REPORT 27th 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 26/08/14 MCX GOLD OCT. BUY 27800 27960-28100 27760 BOOKED PROFIT 26/08/14 MCX GOLD OCT. SELL 27700 27600-27520 27800 NOT EXECUTED 26/08/14 MCX SILVER SEP. BUY 42300 42500-42800 42000 SL TRIGGERED 26/08/14 MCX SILVER SEP. SELL 41800 41500-41000 42200 NOT EXECUTED 26/08/14 NCDEX GUARGUM OCT. BUY 17170 17220-17320 17080 NOT EXECUTED 26/08/14 NCDEX GUARGUM OCT. SELL 16650 16600-16500 16740 BOOKED FULL PROFIT 26/08/14 NCDEX DHANIYA SEP. BUY 11870 11900-1950 11820 BOOKED FULL PROFIT 26/08/14 NCDEX DHANIYA SEP. SELL 11760 11730-11680 11810 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 26/08/14 NIFTY FUTURE SELL 7900-7890 7840-7790 7950 CALL OPEN 26/08/14 CIPLA FUTURE BUY 500-505 515-525 490 BOOKED PROFIT 26/08/14 TATASTEEL FUTURE SELL 520-525 510-500 535 CALL OPEN 26/08/14 EXCEL CORP CASH BUY 922-923 941-959 904 SL TRIGGERED 25/08/14 NIFTY FUTURE BUY 7940 7990-8040 7890 SL TRIGGERED 25/08/14 HCLTECH FUTURE BUY 1590-1600 1620-1640 1560 CALL OPEN 21/08/14 NIFTY FUTURE BUY 7925 7975-8025 7875 SL TRIGGERED
  8. 8. DAILY REPORT 27th 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. 25 8:30 AM CHICAGO FED NATIONAL ACTIVITY INDEX JULY -- 0.13 (3-MONTH) 10 AM NEW HOME SALES JULY 430,000 406,000 TUESDAY, AUG. 26 8:30 AM DURABLE GOODS ORDERS JULY 12.6% 1.7% 8:30 AM CORE CAPITAL EQUIPMENT ORDERS JULY -- 3.3% 9 AM CASE-SHILLER HOME PRICES JUNE -- 9.3% Y-O-Y 9 AM FHFA HOME PRICES JUNE -- 5.6% Y-O-Y 10 AM CONSUMER CONFIDENCE INDEX AUG. 88.5 90.9 WEDNESDAY, AUG. 27 NONE SCHEDULED THURSDAY, AUG. 28 8:30 AM WEEKLY JOBLESS CLAIMS AUG. 23 301,000 298,000 8:30 AM GDP REVISION Q2 3.9% 4.0% 10 AM PENDING HOME SALES JULY -- -1.1% FRIDAY, AUG. 29 8:30 AM PERSONAL INCOME JULY 0.3% 0.4% 8:30 AM CONSUMER SPENDING JULY 0.1% 0.4% 8:30 AM CORE PCE PRICE INDEX JULY -- 0.1% 9;45 AM CHICAGO PMI AUG. 57.5 52.6 9:55 AM UMICH CONSUMER SENTIMENT INDEX AUG. 80.1 79.2