Epic Research,EpicResearch indore

1. DAILY REPORT
22
nd
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Continental European stocks edged lower on Friday as a
late advance was hindered by Swiss drugmaker Roche after
two of its major drugs failed tests, with Italian banks under
pressure from a downgrade by S&P. The euro zone blue-
chip EuroSTOXX 50 and the Swiss SMI both ended down 0.4
percent as all major continental indexes fell. However, the
FTSEurofirst 300 index of top European shares , which was
boosted by a 1.2 percent surge in stocks on Britain's FTSE
100, rallied with Wall Street to end 0.4 percent higher at
1,361.07.
This propelled Asian stocks to log their highest gains in
months, on Friday, following US market which closed at
their highest levels since 2011.
Wall Street Update
US stocks extended gains for a third session on Friday, giv-
ing the S&P 500 its best weekly performance in nearly two
months as energy shares continued to rebound. The S&P
energy index jumped 3.1 percent, leading the benchmark
index's advance, and closed out the week with a 9.7 per-
cent gain, its biggest weekly increase since December 2011.
The benchmark S&P 500 has gained 5 percent over the
three sessions, bouncing back quickly from recent losses
sparked by a selloff in oil prices.
The Dow Jones industrial average rose 26.65 points, or 0.15
percent, to 17,804.8, the S&P 500 gained 9.42 points, or
0.46 percent, to 2,070.65 and the Nasdaq Composite added
16.98 points, or 0.36 percent, to 4,765.38.
Previous day Roundup
The market ended with hefty gains. The Sensex is up
245.27 points or 0.9 percent at 27371.84 and the Nifty is up
65.90 points or 0.8 percent at 8225.20. About 1463 shares
have advanced, 1436 shares declined, and 109 shares are
unchanged.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [down
3.02pts], Capital Goods [up 195.78pts], PSU [up 65.80pts],
FMCG [down 71.67pts], Realty [up 12.32pts], Power [up
25.65pts], Auto [down 29.01Pts], Healthcare [up 13.32pts],
IT [up 202.41pts], Metals [up 186.50Pts], TECK [up
79.45pts], Oil& Gas [up 146.13pts].
World Indices
Index Value % Change
D J l 17804.80 +0.15
S&P 500 2070.65 +0.46
NASDAQ 3141.28 +0.36
EURO STO 6545.27 -0.40
FTSE 100 6545.27 +1.23
Nikkei 225 17621.40 +2.39
Hong Kong 23116.63 +1.25
Top Gainers
Company CMP Change % Chg
HINDALCO 158.00 5.05 3.30
ICICIBANK 357.00 11.25 3.25
POWERGRID 135.60 4.00 3.04
SSLT 209.45 5.70 2.80
WIPRO 552.50 14.55 2.70
Top Losers
Company CMP Change % Chg
DLF 132.45 3.45 -2.54
HINDUNILVR 751.85 14.10 -1.84
ITC 368.00 6.85 -1.83
BAJAJ-AUTO 2,459.00 44.15 -1.76
ASIANPAINT 733.60 11.35 -1.52
Stocks at 52 Week’s High
Symbol Prev. Close Change %Chg
AMARAJABAT 800.75 42.70 5.63
JKTYRE 152.60 13.25 9.51
MARUTI 3,355.00 -30.30 -0.90
MASTEK 381.65 -1.80 -0.47
PNB 223.95 -2.05 -0.91
Indian Indices
Company CMP Change % Chg
NIFTY 8225.20 +65.90 +0.81%
SENSEX 27371.84 +245.27 +0.90%
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg
MONTECARLO 566.25 -17.75 -3.04

2. DAILY REPORT
22
nd
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. HCL TECH [FUTURE]
HCL TECH FUTURE is looking strong on charts, long build up
has been seen, we may see more upside, if it sustains above
1580 levels. We advise buying around 1580-1590 levels
with strict stop loss of 1550 for the targets of 1620-1650.
2. JSW ENERGY [FUTURE]
JSW ENERGY FUTURE is looking strong on charts, long build
up has been seen, we may see more upside, if it sustains
above 100 levels. We advise buying around 101-102 levels
with strict stop loss of 99 for the targets of 103-105 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. KPIT TECH LTD.
KPIT TECH LTD is looking strong on charts, we may see
more upside, if it sustains above 200 levels. We advise
buying around 202-205 levels with strict stop loss of 192
for the targets of 214-224 levels.
MACRO NEWS
The long-pending demand of the industry for removal of
minimum alternate tax and dividend distribution tax on
SEZs is expected to be addressed in the upcoming
Budget As on December 17, formal approvals have been
given to 491 special economic zones. Out of this, 352 are
notified and 196 are operational.
Axis Bank/L&T/ITC in focus: Government no longer look-
ing to sell Specified Undertaking of UTI's (SUUTI's) stake
in private-sector companies through the exchange-
traded fund (ETF) route
Govt has started the process of appointing merchant
bankers for the disinvestment which could fetch around
Rs 500 crore to the exchequer
Government ratifies 8.75 percent interest rate for EPFO
subscribers for FY15
FIBP approves HDFC Bank's plan to raise Rs 10,000 crore
IDBI to sell 5% stake in NSE.
Banks hiring consultancies to do corporate investigations
of non-performing loans
Finance Ministry asks PSBs to submit capital raising plans

3. DAILY REPORT
22
nd
DECEMBER 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 8,200 31 15,01,361 39,18,950
NIFTY PE 8,100 10.5 8,38,722 46,16,825
NIFTY PE 8,000 4.5 5,58,140 59,80,400
BANKNIFTY PE 18,000 34.6 62,953 6,81,875
RELIANCE PE 900 9.7 5,223 4,84,750
TATASTEEL PE 400 4.05 3,124 4,66,000
TCS PE 2,450 4.55 3,042 1,22,375
LT PE 1,500 5.5 2,996 3,65,750
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 8,300 18 18,03,408 51,91,800
NIFTY CE 8,200 60 10,31,356 39,69,475
NIFTY CE 8,400 4.05 7,10,002 52,10,975
BANKNIFTY CE 18,500 141.45 67,925 2,84,800
RELIANCE CE 920 5 8,503 11,35,250
SBIN CE 310 3.15 5,385 28,95,000
TATASTEEL CE 410 5.15 4,894 8,07,000
INFY CE 2,000 22 4,699 6,54,000
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 202316 4744.23 206640 4824.18 909464 20199.22 -79.95
INDEX OPTIONS 968694 23247.38 876164 21204.49 3251384 78150.07 2042.89
STOCK FUTURES 276044 8140.21 264490 7784.84 1804689 52322.58 355.36
STOCK OPTIONS 82713 2527.87 83583 2565.88 97040 2913.48 -38.01
TOTAL 2280.30
STOCKS IN NEWS
FIPB clears HDFC Bank and Ratnakar Bank FDI propos-
als
Bajaj bags order from Sri Lankan govt for 1.25 lakh
bikes.
DLF has explored options to monetize some commer-
cial assets outside NCR, worth about USD 500 million
or Rs 3,000 crore.
M&M in order to win market share, has lined up close
to a dozen launches for new year.
NIFTY FUTURE
Nifty Future closed upside in the last trading session. We
advise buying around 8280-8290 with strict stop loss
8230 for the targets of 8330-8380
INDICES R2 R1 PIVOT S1 S2
NIFTY 8,287.27 8,256.23 8,232.42 8,201.38 8,177.57
BANK NIFTY 18,635.27 18,557.08 18,485.42 18,407.23 18,335.57

4. DAILY REPORT
22
nd
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER MAR ABOVE 37300 TGTS 37500,37800 SL BE-
LOW 37000
SELL SILVER MAR BELOW 36450 TGTS 36250,35950 SL
ABOVE 36750
GOLD
TRADING STRATEGY:
BUY GOLD FEB ABOVE 27100 TGTS 27180,27280 SL BE-
LOW 27010
SELL GOLD FEB BELOW 26800 TGTS 26720,26620 SL
ABOVE 26890
COMMODITY ROUNDUP
Gold futures managed to hold gains on bargain buying amid
Federal Reserve comments, however strong dollar capped
the gains. Gold was supported after the Federal Reserve
said on Wednesday that it would remain “patient” in its
approach to raising interest rates. Reports of negative inter-
est rate introduction by Swiss National Bank also supported
the upside in the metal. The COMEX Gold February delivery
quotes at $1,197.80 a troy ounce, up $3 and the March Sil-
ver quotes at $15.955, up 2 cents over last close. Gold is
expected to see further upside only if it sustains above
$1200 level on Friday. Local gold spurted on firm global
cues amid weak local currency. The MCX Gold February de-
livery quotes at Rs 26965, up 0.56%. The Silver March deliv-
ery quotes at Rs 36757, up 0.55% over last close. Indian ru-
pee quotes at Rs 63.310, up 0.49%.
The prices of MCX Copper recovered in the mid Asian
trades after a series of negative sessions during the week.
The gains in Copper have only been due to weekend squar-
ing of short positions and simultaneous bottom fishing rally.
The prices of Copper in domestic markets shrinked close to
Rs 402 last night before the gains in Friday's session. Indian
commodities markets on the other hand has faced alarming
situation in respect to the volumes. The cumulative num-
bers of metals as well as commodities at large have been
dismal.
The data set released by FMC mentioned that cumulative
value of trades of all the segments like Agriculture, Bullions,
Metals and Energy showed a drop in the period of 1st April
to 30 November 2014. The cumulative value of trade in bul-
lions in the period of 1st April to 30 November 2014 was
down by a massive 48% to Rs 3988004.75 crores. Similarly,
cumulative value of trade in metals during the period of 1
April to 30 November 2014 was Rs 846166.9 crores, down
39.09% from Rs 1389268.29 crores.
Oil prices rose on Friday in a session that saw short covering
ahead of the January contract expiration, while upbeat U.S.
inventory data continued to support the commodity. In the
New York Mercantile Exchange, West Texas Intermediate
crude oil futures for delivery in February traded up 5.20% at
$57.19 a barrel during U.S. trading, up from a session low of
$54.43 a barrel and off a high of $57.28 a barrel.

5. DAILY REPORT
22
nd
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA JAN ABOVE 12500 TGTS 12530,12580 SL
12450
SELL DHANIYA JAN BELOW 12350 TGTS 12320,12270 SL
12400
GUARSGUM
BUY GUARGUM JAN ABOVE 12120 TGTS 12170,12270 SL
12030
SELL GUARGUM JAN BELOW 11600 TGTS 11550,11450 SL
11690
NCDEX
NCDEX ROUNDUP
Spot jeera soared on Monday amid excellent demand as a
break above Rs 13000 per quintal mark witnessed good
buying. Jeera arrivals maintain a poor trend and are unlikely
to see any improvement in the near term. The commodity
witnessed an inflow of 10000 bags today in Unjha. Spot
Prices are up Rs 320 per quintal to trade at Rs 13322 per
quintal today. These are the highest levels in nearly one
year for the commodity.
NCDEX Chana futures ended almost unchanged on a volatile
day as the expiry of near month December series hogged
limelight. Good demand is supporting Chana as spot prices
surged above Rs 3200 per quintal in Delhi market. Overall
demand for pulses remains good. While the weather is
mostly supportive from the point of view of harvest, sea-
sonal lull in arrivals are keeping sentiments firm. The total
supplies in Delhi were 30 trucks today. Spot prices edged up
to Rs 3250 per quitntal, up Rs 20 on the day. The acreage is
not picking up.
The area under sowing of Chana is at 71.51 lakh hectares
this year while the last year's figure was 85.75 lakh hec-
tares. Area coverage under Total Pulses is at 111.13lakh
hectares while the last year's sowing area coverage was
124.78 lakh hectares. The spot Chana prices are currently
hovering at seven month high level. The benchmark Chana
January 2015 contract broke above Rs 3300 per quintal in
intraday moves but failed to hold above the level. The
counter closed at Rs 3272 per quintal, almost unchanged on
the day.
NCDEX INDICES
Index Value % Change
CASTOR SEED 4791 +0.42
CHANA 3272 +0.03
CORIANDER 12371 -4.00
COTTON SEED 1401 -0.36
GAUR SEED 4385 -1.99
JEERA 13605 -0.15
MUSTARDSEED 4186 -0.78
SOYBEAN 3291 -0.12
SUGAR M GRADE 2676 -0.48
TURMERIC 8026 -0.52

6. DAILY REPORT
22
nd
DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
EUR/INR
BUY JPYINR DEC ABOVE 53.30 TGT 53.50 ,53.70 SL 53.10
SELL JPYINR DEC BELOW 52.85 TGT 52.65 ,52.45 SL 53.05
GBP/INR
BUY GBPINR DEC ABOVE 99.30 TGT 99.50 ,99.70 SL 99.10
SELL GBPINR DEC BELOW 98.80 TGT 98.60 ,98.40 SL 99.00
CURRENCY MARKET UPDATES:
The US dollar remained supported on strong job data amid
Federal Reserve comments. The Dollar surged against the
Euro with the euro quotes at $1.2266, down 0.16% over last
day close and the US dollar index quotes at 89.64, up 0.21%
over last day close.
The dollar traded higher against most major currencies on
Friday in subdued trading after falling jobless assistance
claims and reassurances from the Federal Reserve this week
continued to stoke expectations for rate hikes in 2015. In
U.S. trading on Friday, EUR/USD was down 0.49% at 1.2226.
The dollar enjoyed support after the U.S. Department of
Labor said on Thursday that the number of individuals filing
for initial jobless benefits in the week ending Dec. 12 fell by
6,000 to 289,000 from the previous week's revised total of
295,000.
The dollar was up against its cousins in Canada, Australia
and New Zealand, with USD/CAD up 0.20% at 1.1602, AUD/
USD down 0.19% at 0.8148 and NZD/USD down 0.13% at
0.7752. The US dollar index, which tracks the performance
of the greenback versus a basket of six other major curren-
cies, was up 0.44% at 89.84.
Oil prices rose in early trading on Monday as Asian markets
opened strongly into a holiday-shortened week and as con-
sensus spread that Brent crude prices would likely remain
above $60 for the rest of the year.
U.S. Treasuries yields held steady or fell on Friday on re-
newed appetite for bonds as a two-day scramble for stocks
and other risky assets slowed.
The Reserve Bank of India said on Friday it accepted all 57
bids for 212.97 billion rupees ($3.38 billion) at its three-day
repo auction, through which it injects liquidity into the
banking system. Indian banks' refinancing with RBI rises to
115.12 billion rupees. Indian banks' cash balances with RBI
rise to 3.52 trillion rupees.
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 63.0670 Yen-100 52.8000
Euro 77.4589 GBP 98.7314
MCX COMMODITIES & CURRENCY

7. DAILY REPORT
22
nd
DECEMBER 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
19/12/14 MCX GOLD FEB. BUY 27000 27080-27180 26910 NO PROFIT NO LOSS
19/12/14 MCX GOLD FEB. SELL 26700 26620-26520 26790 NOT EXECUTED
19/12/14 MCX SILVER MAR. BUY 37300 37500-37800 37000 NOT EXECUTED
19/12/14 MCX SILVER MAR. SELL 36350 36150-35850 36650 NOT EXECUTED
19/12/14 NCDEX GUARGUM JAN BUY 12000 12050-12150 11910 NOT EXECUTED
19/12/14 NCDEX GUARGUM JAN SELL 11900 11850-11750 11990
BOOKED FULL
PROFIT
19/12/14 NCDEX DHANIYA JAN BUY 12920 12950-13000 12870 NOT EXECUTED
19/12/14 NCDEX DHANIYA JAN SELL 12850 12820-12770 12900
BOOKED FULL
PROFIT
19/12/14 EUR/INR DEC. BUY 78.25 78.45-78.65 78.05 NOT EXECUTED
19/12/14 EUR/INR DEC. SELL 77.75 77.55-77.35 77.95 BOOKED PROFIT
19/12/14 JPY/INR DEC. BUY 53.5 53.70-53.90 53.20 NOT EXECUTED
19/12/14 JPY/INR DEC. SELL 53.20 53.00-52.80 53.40 BOOKED PROFIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
19/12/14 NIFTY FUTURE BUY 8200-8210 8250-8300 8150 NOT EXECUTED
19/12/14 MOTHERSUMI FUTURE BUY 435-438 442-445 430
BOOKED FULL
PROFIT
19/12/14 BANKBARODA FUTURE SELL 1040-1050 1080-1100 1000 CALL OPEN
19/12/14 JK TYRE CASH BUY 138-140 144-148 132 NOT EXECUTED
17/12/14 HCLTECH FUTURE BUY 1520-1550 1590-1620 1480 BOOKED PROFIT
16/12/14 EVERRON CASH BUY 38-40 42-45 35 CALL OPEN

8. DAILY REPORT
22
nd
DECEMBER 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, DEC. 22
10 AM EXISTING HOME SALES NOV. 5.18 MLN 5.26 MLN
TUESDAY, DEC. 23
8:30 AM GDP Q3 4.5% 3.9%
8:30 AM DURABLE GOODS ORDERS NOV. 43.4% 0.3%
9:55 AM CONSUMER SENTIMENT DEC. -- 93.8
10 AM PERSONAL INCOME NOV. 0.5% 0.2%
10 AM CONSUMER SPENDING NOV. 0.5% 0.2%
10 AM CORE INFLATION NOV. -- 0.2%
10 AM NEW HOME SALES NOV. 458,000 458,000
WEDNESDAY, DEC. 24
8:30 AM WEEKLY JOBLESS CLAIMS DEC. 20 N/A N/A
THURSDAY, DEC. 25
CHRISTMAS DAY
NONE SCHEDULED
FRIDAY, DEC. 26
NONE SCHEDULED