Epic Research's team having experienced researchers offer recommendations on equity (cash), derivatives, commodity and currency market who deliver updates on the sectors like – Ncdex Tips, Stock tips, commodity trading, FOREX trading tips etc.

1. DAILY REPORT
7
th
OCTOBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Major US stock indexes closed little changed on Thursday,
even as declining names outnumbered advancers, ahead of
job market data seen as key to determine whether the Fed-
eral Reserve will raise rates before the end of the year.
Gains in crude prices gave support to the idea that the
economy is strengthening, as did a report that showed the
number of Americans filing for unemployment benefits fell
unexpectedly last week to a near 43-year low. The data
comes a day before the payrolls report for September, ex-
pected to show the US economy created 175,000 jobs last
month. The DJI average fell 12.53 points, or 0.07%, to
18,268.5, the S&P 500 gained 1.04 points, or 0.05^%, to
2,160.77 and the Nasdaq dropped 9.17pts, or 0.17%, to
5,306.85. Declining issues outnumbered advancing ones on
the NYSE by a 1.26-to-1 ratio; on Nasdaq, a 1.54-to-1 ratio
favored decliners. About 6.32bn shares changed hands in
US exchanges, compared with the 7.1 billion daily average
over the last 20 sessions.
Sterling plunged to a three-decade low in thin early Asian
trade on Friday as a break of key technical support levels
triggered a wave of stop-loss orders. The pound fell almost
10 percent at one point to USD 1.1378 before stabilising
around USD 1.2415, still down 1.5 percent from late US
levels, leaving traders scratching their heads in the absence
of news or market events that would justify such a move.
Previous day Roundup
Key benchmark indices dropped for the second day in a
row today, 6 October 2016, led by losses in index heavy-
weights ITC and Infosys. The S&P BSE Sensex fell 114.77
points or 0.41% to settle at 28,106.21. The Nifty 50 index
shed 34.40 points or 0.39% to settle at 8,709.55. The Sen-
sex and the Nifty, both, hit their lowest closing level in al-
most a week. After remaining in positive terrain till after-
noon trade, key indices slipped into the red following nega-
tive cues from European stocks.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [down
44.50pts],CapitalGoods[up26.79pts],PSU[up13.80
pts],FMCG[down29.91pts],Realty[down23.59pts],Power
[down24.06pts],Auto[down157.14pts],Healthcare
[down162.78pts],IT[down 89.06pts ], Metals[up 6.98pts],
TECK[down 44.41pts], Oil& Gas [up 312.75pts].
World Indices
Index Value % Change
DJI 18163.00 -0.20
S&P500 2152.50 -0.19
NASDAQ 5306.85 -0.17
FTSE100 7028.00 +0.73
NIKKEI 16869.09 -0.18
HANG SENG 23861.84 -0.38
Top Gainers
Company CMP Change % Chg
BPCL 673.00 23.10 3.55
GAIL 414.60 14.20 3.55
GRASIM 1,009.00 22.30 2.26
RELIANCE 1,112.00 22.60 2.07
HINDUNILVR 883.30 12.35 1.42
Top Losers
Company CMP Change % Chg
BANKBARODA 164.55 -4.90 -2.89
CIPLA 578.00 -13.65 -2.31
POWERGRID 177.80 -3.60 -1.98
M&M 1,374.00 -25.20 -1.80
NTPC 149.70 -2.75 -1.80
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
AARTIDRUGS 673.00 26.45 4.09
ADI 478.00 28.45 6.33
AGARIND 249.50 5.10 2.09
ALKALI 83.25 7.50 9.90
APOLLOTYRE 229.40 -0.05 -0.02
ARIES 130.85 9.40 7.74
ATLASCYCLE 308.00 9.70 3.25
Indian Indices
Company CMP Change % Chg
NIFTY 8709.55 -34.90 -0.39
SENSEX 28106.21 -114.77 -0.41
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ACROPETAL 1.60 -0.05 -3.03
BIRLACOT 0.05 -0.05 -50.00
GEPIL 538.00 -0.85 -0.16

2. DAILY REPORT
7
th
OCTOBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH]
Kwality [CASH]
Kwality has shown outperformance today's trading session
and closed at higher levels with long bullish candlestick
rose with high volume , the stock is trading near all time
high and with bullish signals of RSI and moving average
crossover the stock is expected to give good upside move
and make new highs thus it good to buy for the target of
151-152 with SL of 147.
MACRO NEWS
 Bajaj Finance- CRISIL upgrades long term rating from
AA+ to AAA
 Tata Global Beverage- ICRA assigns long term rating of
ICRA AA+ and short term rating of ICRA A1+
 Vindhya Telelinks- CRISIL upgrades short term rating
from CRISIL A1 to CRISIL A1+
 Ramkrishna Forgings- ICRA reaffirms long term rating of
ICRA A- and short term rating of ICRA A2+
 APL Apollo Tubes- ICRA upgrades long term rating from
ICRA A to ICRA A+ and affirmed short term rating of ICRA
A1 Others
 M&M plans to drive ssangyong into North America
 UPL corp raises 500mn$ through dollar bond issue
 Bhushan steel lenders to restructure loans UCO bank
UCO bank to sell 72 million shares to LIC
 Reliance Jio Says Bought 269.2 MHz Spectrum In
800,1800 & 2300 MHz Band Worth Rs 13,672 crore
 IDBI Govt to mainitain majority stake post stake sale
 ONGC/GSPC ONGC to pick stake in GSPC’s KG D6 basin
 Idea Cellular Says: Co Spent Rs 12,798 crore In The
Spectrum Auctions. Co Has Won 2100 MHz Band In The
Mumbai Circle
 Bharti Airtel Acquire 173.8 MHz Spectrum In 1800/
2100/2300 MHz Bands For Rs 14,244 crore
 SREI Infra allots NCDs Worth Rs 293.36 crore On Oct 6
 NSE Gets Board Approval To Launch IPO Via OFS, Clears
Bonus Shares
 ED Has Directed HDFC Bank To Secure Rs 30.27 crore
STOCK RECOMMENDATIONS [FUTURE]
1.BHARTAFIN [FUTURE]
Last trading session BHARATFIN Future show under pressure
during the day.And stock break strong support level and
ended below this level with bearish candlestick in daily
chart,while before last session stock it rose with rising OI in
short side, we may seen sharp fall this stock ahead,we will
adwise to sell below 887 for the target of 882-875 with stop
loss of 895.
2.IOC [FUTURE]
Last trading session IOC future show positive strength and
cross major resistance level and stock made a new 52 week
high and ended with bullish caldlestick in daily chart and
since last session it rose with rising OI in long side .We may
see sharp rise for that it will be good to buy above 652 for
the target of 657-665 with SL of 647.

3. DAILY REPORT
7
th
OCTOBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
FUTURES & OPTIONS
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 19,600 0.05 4,94,830 11,67,640
BANKNIFTY CE 19,500 0.05 4,66,793 10,38,360
BANKNIFTY CE 19,700 0.05 4,32,494 11,82,000
YESBANK CE 1,300 30.35 4,042 7,91,000
RELIANCE CE 1,120 24.90 3,081 3,92,000
CEDL CE 200 7.30 2,709 28,26,000
RELIANCE CE 1,150 13.40 2,575 4,12,000
AUROPHRMA CE 900 15.25 2,503 5,38,300
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY PE 19,400 4.40 5,33,264 82,520
BANKNIFTY PE 19,500 79.90 4,41,952 22,160
BANKNIFTY PE 19,300 0.05 3,81,107 6,94,120
RELIANCE PE 1,100 17.05 2,912 4,69,000
YESBANK PE 1,200 13.75 2,741 6,16,000
YESBANK PE 1,260 29.20 2,030 3,56,300
YESBANK PE 1,240 22.60 1,811 2,80,000
ICICIBANK PE 250 6.45 1,806 33,45,000
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 16961 1205.39 17113 1173.44 277479 18564.88 31.9431
INDEX OPTIONS 536588 38773.36 530199 38366.92 932761 61988.66 406.4437
STOCK FUTURES 93865 6938.07 93919 6864.11 857238 57166.37 73.961
STOCK OPTIONS 67908 4983.73 68072 5010.47 71168 4893.33 -26.7342
TOTAL 485.613
STOCKS IN NEWS
 Canara Bank- BM on 13 Oct to consider issue of NCDs
Revises base rate from 9.65% to 9.6% wef 11 October
 Tata Steel Q2 Hot metal production up 17 percent at
3.12MT vs 2.66MT Y-o-Y
 Orient Cement to acquire 74 percent stake in Bhilai
Jaypee Cement based on EV of Rs 1450 crore
 Indian Bank Fixes MCLR from 9.15 percent to 9.65
percent
 Kotak Mahindra Bank Cuts base rate by 10bps to 9.4
percent wef 7 October
NIFTY FUTURE
NIFTY in last trading session opened near previous day's
high and kept consolidating but in the 2nd half it fell
down around 100 points with huge volumes, and as we
see 8700 is an important support level, the index in the
last minutes stepped up a little to respect it and nifty
future closed in red amid volatility with a bearish candle-
stick in daily chart but we may see sharp rise from here.
So it will be good to buy it around 8710-8720 for the tar-
get of 8790-8850 with SL of 8650
INDICES R2 R1 PIVOT S1 S2
NIFTY 821.50 8765.50 8725.00 8669.00 8628.50
BANKNIFTY 19675.00 19535.00 19430.00 19290.00 19185.00

4. DAILY REPORT
7
th
OCTOBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY ROUNDUP
Gold prices slipped Thursday as the dollar firmed and equi-
ties rose ahead of Friday's non-farm payrolls report that
should bolster expectations of a US interest rate hike that
would push investors to exit their bullion holdings.
Spot gold edged lower 0.1 per cent at $1,264.90 an ounce
by 0403 GMT. Bullion touched a fresh low of $1,261.59 in
the previous session, its lowest since June 24.
US gold futures fell 0.1 per cent to $1,267.90 an ounce. Fri-
day's employment report is expected to show 175,000 jobs
were added in the month. A positive jobs report may pro-
vide more evidence to the US Federal Reserve to decide to
raise interest rates in December. Gold is highly sensitive to
rising rates, which lift the opportunity cost of holding non-
yielding assets. Spot gold fell 3.3 per cent on Tuesday,
breaking well below its key technical $1,300-an-ounce level,
its biggest one-day drop in three years. The yellow metal
has fallen to its lowest level since Britain voted to leave
the European Union in June.
Prices slump in Copper has taken metal producers on the
backseat. The news of halt in production has started emerg-
ing as the trend of Copper has tilted towards lows. Recently,
Chile's Codelco, the world's top copper miner, has once
again made drastic changes to its ambitious five-year invest-
ment plan as falling copper prices continue to dry up the
company's earnings. Codelco decided to reduce its invest-
ment budget by $2.25 billion. The figure, though significant,
is minor when taken in the context of Codelco's ambitious
investment plan. Codelco noted that phase two of its Ra-
domiro Tomic sulphur project will be postponed to 2024,
while construction of a new level at El Teniente, originally
set to be done by 2020, now it is expected to complete in
2023. In a major news last month, China of refined metal
fell for a fourth month to 251235 metric tons in July from
305304 tons in June and 259733 tons a year earlier, accord-
ing to customs data. That's the lowest since February 2015.
Outbound cargoes were 75007 tons from 42596 tons in
June and 14937 tons in July 2015.
Refined copper output in China rose to 722000 tons in July,
the highest in at least five months, from 686000 tons in
June and 664000 tons in the same month last year, govern-
ment data showed last week. Production gained 7.9 percent
in the first seven months. Indian Copper was trading at Rs
320.5 per kg, down 0.50%. The prices were trading at Rs 322
per kg and a low of Rs 319.7 per kg.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 29950 TGT 30050 30150 SL 29850
SELL GOLD BELOW 29500 TGT 29400 2920 SL 29600
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 43200 TGT 43400 44000 SL 43000
SELL SILVER BELOW 41150 TGT 40950 40350 SL 41350
MCX

5. DAILY REPORT
7
th
OCTOBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
NCDEX INDICES
Index Value % Change
BARLEY 1568 -0.32
CORIANDER 7790 +2.55
COTTON SEED 1972 -0.75
GUAR SEED 3545 +2.96
JEERA 16845 +1.14
MUSTARDSEED 4538 +0.93
SOYA BEAN 3259 +0.62
SUGAR M GRADE 3506 -1.21
TURMERIC 7000 -0.48
WHEAT 1750 -0.17
RECOMMENDATIONS
DHANIYA
BUY CORIANDER NOV ABOVE 7730 TARGET 7775 7875 SL
BELOW 7665
SELL CORIANDER NOV BELOW 7655 TARGET 7610 7510 SL
ABOVE 7720
GUARGUM
SELL TURMERIC NOV BELOW 7060 TARGET 7016 6956 SL
ABOVE 7120
BUY GUARGUM OCT ABOVE 6550 TARGET 6600 6670 SL
Global food markets are likely to remain balanced with the
prices of cereals under pressure on record high production.
Though cereal utilisation is expected to set a new record
this year, the growth in utilisation may not support prices
due to large carryover stocks from the previous year. The
Food and Agricultural Organisation (FAO) of the United Na-
tions in its latest report forecast global cereal production to
set a new record at 2.56 billion tonnes in 2016-17, a rise of
1.5 per cent from the previous year. Along with carryover
stocks, total cereal availability in the world is estimated to
surpass consumption in 2016-17 by 664.3 million tonnes,
over 25 per cent of the annual consumption.
The FAO raised its forecast for global wheat production to
742.4mt, led by increases in India, the US and the Russian
Federation, which is poised to overtake EU as the grain's
largest exporter. Total wheat utilisation is projected to
reach 730.5 million tonnes, including a big jump in use of
lower-quality wheat for animal feed. Global rice production
is predicted to expand for first time in three years, increas-
ing 1.3 per cent to an all-time high of 497.8 million tonnes,
buoyed by abundant monsoon rain over Asia and sizeable
increases in Africa. Coarse grain output is seen rising 1.8 per
cent on the year, buoyed by record crops in the US, Argen-
tina and India. As for exports, an output recovery could help
India boost its sales to international markets, primarily at
expense of lower deliveries by Thailand, consolidating In-
dia's position as the world's leading supplier of rice
Indian sugar production will drop – but not by as much as a
rise in cane plantings in the northern state of Uttar Pradesh,
according to a latest update from the USDA attaché in
Delhi. It is estimated that domestic Sugar output will come
in at 23.95mt - well below the 27.70mt produced in 2015-
16, and the lowest in seven years. However, it is still better
than the estimates of 22-23m tones from some market

6. DAILY REPORT
7
th
OCTOBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 66.6322 Yen 64.3400
Euro 74.5814 GBP 84.6695
CURRENCY
USD/INR
BUY USD/INR OCT ABOVE 66.85 TARGET 66.97 67.12 SL BE-
LOW 66.67
SELL USD/INR OCT BELOW 66.78 TARGET 66.66 66.51 SL
ABOVE 66.98
EUR/INR
BUY EUR/INR OCT ABOVE 74.88 TARGET 75 75.2 SL BELOW
74.7
SELL EUR/INR OCT BELOW 74.75 TARGET 74.63 74.43 SL
ABOVE 74.95
CURRENCY MARKET UPDATES:
The German construction sector expanded the most in four
months in September, data from Markit showed Thursday.
The construction Purchasing Managers' Index rose to 52.4
in September from 51.6 in August. A reading above 50 indi-
cates expansion. Construction output has expanded for 20
consecutive months. New business continued to increase,
although the rate of expansion was only marginal. Building
activity increased across all three monitored categories.
Building companies raised their workforce numbers and
increased their buying activity. Suppliers' delivery times
lengthened to one of the greatest degrees in nine years.
The dollar hit its highest since late July against a basket of
currencies as the data reinforced the view the Fed may
raise interest rates at its Dec meeting. The dollar index,
which tracks the currency against a basket of major peers,
was up nearly 0.1 per cent on Thursday at 96.205. US ser-
vices sector activity rebounded to an 11-month high in
September.
The US dollar hit its highest level in more than two months
and pressuring gold prices, as strong US labour market
data gave support to a possible US interest rate hike later
this year. The US dollar also held firm after data on Thurs-
day showed the number of Americans filing for unemploy-
ment benefits unexpectedly fell last week to near a 43-year
low, boding well for Friday's closely-watched payroll data.
The dollar traded at 103.78 yen , having hit a five-week
high of 104.17 on Thursday. The euro dipped to two-week
low of USD 1.1125 and last stood at USD 1.1129 . Strong US
jobs numbers could cement expectations of a Federal Re-
serve rate increase later this year and ripple through mar-
kets.
The Australian and New Zealand dollars moved lower
against their U.S. counterpart on Thursday, as demand for
the greenback remained supported by growing hopes for a
U.S. rate hike before the end of the year. AUD/USD
dropped 0.56% to 0.7580, the lowest since September 21.

7. DAILY REPORT
7
th
OCTOBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
05/10/16 NCDEX DHANIYA OCT. BUY 7670 7715-7815 7605 ALL TARGET
05/10/16 NCDEX DHANIYA OCT.. SELL 7620 7575-7475 7685 NOT EXECUTED
05/10/16 NCDEX GUARGUM OCT. BUY 6360 6410-6480 6300 ALL TARGET
05/10/16 NCDEX GUARGUM OCT. SELL 6270 6220-6150 6330 1ST TARGET
05/10/16 MCX GOLD DEC. BUY 30050 30150-30350 29900 NOT EXECUTED
05/10/16 MCX GOLD DEC. SELL 29700 29600-29400 29800 1ST TARGET
05/10/16 MCX SILVER DEC. BUY 43200 43400-44000 43000 NOT EXECUTED
05/10/16 MCX SILVER DEC. SELL 42100 41900-41300 42300 ALL TARGET
Date Scrip
CASH/
FUTURE/
OPTION
Strategy
05/10/16 NIFTY FUTURE BUY 8720-8730 8800-8850 8660 NOT EXECUTED
05/10/16 AJANTA PHARMA FUTURE SELL 2018 2005-1990 2035 ALL TARGET
05/10/16 MOTHERSUMI FUTURE BUY 338 341-345 333 SL TRIGGERED
05/10/16 INDIA CEMENT CASH BUY 159 162-163 159 SL TRIGGERED

8. DAILY REPORT
7
th
OCTOBER 2016
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 per-
sonal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment
decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate par-
ticular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any trans-
action conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projec-
tions 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 expressed 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 invi-
tation 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 REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, OCT. 3
9:45 AM MARKIT MANUFACTURING PMI SEPT. 51.4 (FLASH)
10 AM ISM SEPT. 49.4%
10 AM CONSTRUCTION SPENDING AUG. 0.0%
VARIES MOTOR VEHICLE SALES SEPT. 16.9 MLN
TUESDAY, OCT. 4
NONE SCHEDULED
WEDNESDAY, OCT. 5
8:15 AM ADP EMPLOYMENT SEPT. 177,000
8:30 AM TRADE DEFICIT AUG. -$39.5 BLN
9:45 AM MARKIT NONMANUFACTURING PMI SEPT. 51.0
10 AM ISM NONMANUFACTURING SEPT. 51.4%
10 AM FACTORY ORDERS AUG. 1.9%
THURSDAY, OCT. 6
8:30 AM WEEKLY JOBLESS CLAIMS 10/1 N/A N/A
FRIDAY, OCT. 7
8:30 AM NONFARM PAYROLLS SEPT. 151,000
8:30 AM UNEMPLOYMENT RATE SEPT. 4.9%
8:30 AM AVERAGE HOURLY EARNINGS SEPT. 0.1%
10 AM WHOLESALE INVENTORIES AUG.
3 PM CONSUMER CREDIT AUG.