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_____________________________________________________________________________________________________________________
Special Report
15 Nov-2017
Global markets at a glance
US stock indexes rose on Monday as a sharp drop in
General Electric shares was more than offset by gains in
high dividend-paying sectors. The Dow Jones Industrial
Average rose 17.49 points, or 0.07 percent, to 23,439.7, the
S&P 500 gained 2.54 points, or 0.10 percent, to 2,584.84
and the Nasdaq Composite added 6.66 points, or 0.1
percent, to 6,757.60, Reuters reported.
US stock indexes fell on Tuesday as General Electric shares
plunged for a second straight day and a drop in crude oil
prices hit energy stocks.
The Dow Jones Industrial Average fell 30.23 points, or 0.13
percent, to end at 23,409.47, the S&P 500 lost 5.97 points,
or 0.23 percent, to 2,578.87 and the Nasdaq Composite
dropped 19.72 points, or 0.29 percent, to 6,737.87, Reuters
reported.
Asian stocks slipped on Wednesday after weaker crude oil
prices took a toll on Wall Street, while the euro kept big
gains after enjoying a boost from robust German economic
growth.MSCI's broadest index of Asia-Pacific shares outside
Japan was down 0.16 percent.Australian stocks dropped
0.48 percent and South Korea's KOSPI shed 0.5 percent.
Japan's Nikkei lost 0.8 percent.
"The decline by US equities led by energy shares is having a
knock-on effect, dampening sentiment in sectors related to
energy and industry," said Masahiro Ichikawa, senior
strategist at Sumitomo Mitsui Asset Management in Tokyo.
Previous day Roundup
The Nifty opened on a muted note and failed to build
momentum on the upside as bears took control of D-Street
pushing the index below 10,200 on Tuesday.
The Nifty closed at 10,186.60 on Tuesday. According to
Pivot charts, the key support level is placed at 10,158.73,
followed by 10,130.87. If the index starts to move higher,
key resistance levels to watch out are 10,231.23 and
10,275.87.
The Nifty Bank closed at 25,284.60 on Tuesday, down 73.7
points. Important Pivot level, which will act as crucial
support for the index, is placed at 25,203.53, followed by
25,122.46. On the upside, key resistance level is 25,385.23,
followed by 25,485.87.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Consumer Durables [up 129.50
pts.], CapitalGoods [down 260.55 pts], PSU [down 85.61 p
ts],FMCG[down40.84pts],Realty[up16.85pts],Power
[down14.03pts],Auto[up57.54pts],Healthcare
[down41.43pts],IT[down61.60pts],Metal[down
90.19pts],TECK[down43.90pts], Oil& Gas [down 139.03pts].
World Indices
Index Value % Change
DJI 23409.47 -0.13
S&P500 2,570.50 -0.28
NASDAQ 6276.13 -0.13
FTSE100 7415.18 -0.24
NIKKEI 22161.00 -0.98
HANG SENG 29026.11 -0.43
Top Gainers
Company CMP Change % Chg
Hero Motocorp 3,655.20 75.30 2.10
Axis Bank 545.65 8.30 1.54
Bajaj Finance 1,754.90 26.15 1.51
Bajaj Auto 3,266.55 43.55 1.35
Reliance 886.70 11.45 1.31
Top Losers
Company CMP Change % Chg
Bharti Infratel 396.95 -18.55 -4.46
Larsen 1,210.20 -30.35 -2.45
HPCL 411.20 -8.90 -2.12
Power Grid Corp 206.95 -4.05 -1.92
Vedanta 308.95 -5.75 -1.83
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
ACE 95.25 19.05 20
AMDIND 48.1 4.2 8.73
ASTRAL 775.75 20.8 2.68
BALKRISIND 2048.75 28.25 1.38
BASF 1734.7 91.3 5.26
CALSOFT 48.35 2.4 4.96
CANDC 87.95 4.35 4.95
Indian Indices
Company CMP Change % Chg
NIFTY 10186.60 -38.40 -0.38
SENSEX 32941.87 -91.69 -0.28
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ALPSINDUS 4.7 0.2 4.26
ARIHANT 40.8 -0.8 -1.96
CTE 61.35 -1.2 -1.96
_____________________________________________________________________________________________________________________
Special Report
15 Nov-2017
STOCK RECOMMENDATION [CASH]
GSFC [CASH]
After a 4 days long downward trend GSFC is prepared to
break its crucial resistance level of 141.50 on intrday basis,
, downside it has support level at 137. From the daily chart
its clear that the stock is losing its downtrend waiting for
high volume today if market support then it would give a
clear breakout.So we recommend to BUY GSFC ABOVE
141.80 TGT 144-148 SL BELOW 138.
MACRO NEW
 The Nifty50 futures on the Singapore Stock Exchange
were trading 31.5 points lower at 10196 indicating a
negative opening for the domestic market
 Technology spending in India is expected to rise 9.2
percent to reach USD 87.1 billion in 2018, led by
spending on expensive devices such as the iPhoneX
and laptop upgrades, which continue to drive the
majority of overall IT spending in India, according to
research firm Gartner.Software spending is expected
to grow 17.9 percent in this year, and it will grow
another 15.3 percent in 2018 to reach USD 5.7 billion.
 Export declined by 1.12 percent to USD 23 billion in
October, retreating from a six-month high growth in
September as shipments of textiles, pharmaceuticals,
leather and gems and jewellery fell, official data
showed.Trade deficit widened to USD 14 billion during
the month under review as against USD 11.13 billion in
October 2016. Exporters are struggling with a liquidity
crunch because of delayed GST refunds, leading to the
highest trade deficit in 35 months.
 Bharat 22 Exchange Traded Fund (ETF), comprising 22
companies, on Tuesday attracted robust bids with the
portion reserved for anchor investors getting
subscribed six times to the tune of Rs 12,000 crore on
the opening day. As much as 25 percent of the total
issue size, or Rs 2,000 crore, was reserved for anchor
investors who put in bids worth about Rs 12,000 crore.
RECOMMENDATIONS [FUTURE]
1. RAYMOND[FUTURE ]
This particular counter of Textile industry is continuosly
falling and following down trend. From the daily chart its
clar cut sell It has a support level at 928 and Resistance at
942 in cash market . Support level at 930 and Resistance at
941.so we recommend to SELL RAYMOND FUTURE AROUND
940 TGT 930-920 SL BELOW 948.
2.SUNPHARMA[FUTURE]
From the Daily chart its clear that Sunpharma is continuosly
getting rang bound but its trend is sideways to down upside
it has resistance level at 543 & 554 and downside supports
are 521&515, if we consider pharma sector then its
showing weak and downside rally so we recommend to SELL
SUNPHARMA FUTURE AROUND 540-541 TGT 530-520 SL
ABOVE 548.
_____________________________________________________________________________________________________________________
Special Report
15 Nov-2017
MOST ACTIVE CALL OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 10,300 70.05 2,06,974 43,75,650
NIFTY CE 10,400 37.45 1,99,888 49,16,700
NIFTY CE 10,500 18.15 1,57,047 56,31,975
TATAGLOBAL CE 250 6.9 4,207 21,06,000
RELIANCE CE 900 16.9 3,957 17,31,000
TATAMOTORS CE 420 10.9 3,506 16,11,000
SUNPHARMA CE 560 11.2 2,598 19,72,000
BANKBARODA CE 180 6.75 2,524 40,70,500
MOST ACTIVE PUT OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 10,200 86.35 1,93,165 45,81,375
BANKNIFTY PE 25,200 61 1,82,755 3,58,360
BANKNIFTY PE 25,300 95.65 1,79,803 3,56,200
SUNPHARMA PE 500 13.15 2,113 10,48,000
AXISBANK PE 540 10.95 2,059 9,48,000
SBIN PE 330 9.1 1,861 21,93,000
SBIN PE 320 5.6 1,801 29,73,000
TATAMOTORS PE 410 9.55 1,780 8,85,000
FII DERIVATIVES STATISTICS
BUY OPEN INTEREST AT THE END OF THE DAY
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES 22800 1837.22 19339 1558.33 360579 28518.90 278.8945
INDEX OPTIONS 478482 41106.20 473936 40739.10 1106356 87342.89 367.101
STOCK FUTURES 96441 6862.85 101769 7202.12 1012066 69898.25 -339.2783
STOCK OPTIONS 100859 7572.27 101128 7591.32 118709 8297.39 -19.0475
287.6697
SELL
STOCKS IN NEWS
 NBCC - Lenders ask NBCC to develop defaulters’
land .
 NBCC - Lenders ask NBCC to develop defaulters’ land
 HCL Technologies signed a 5-year IT infrastructure
services contract with Jardine Lloyd Thompson .
NIFTY FUTURE
The Nifty opened on a muted note and failed to build
momentum on the upside as bears took control of D-
Street pushing the index below 10,200 on Tuesday.The
Nifty closed at 10,186.60 on Tuesday. According to Pivot
charts, the key support level is placed at 10,158.73,
followed by 10,130.87. If the index starts to move higher,
key resistance levels to watch out are 10,231.23 and
10,275.87.Last week NIFTY faced strong profit booking
after making new high of 10530, from the high we saw
two per cent fall. So the sell NIFTY FUTURE on rise will be
good around 10350 for target of 10300-10250 with stop
loss of 10400.
INDICES R2 R1 PIVOT S1 S2
NIFTY 10276.00 10231.00 10203.00 10158.00 10130.00
BANKNIFTY 25484.00 25384..00 25303..00 25203..00 25122..00
_____________________________________________________________________________________________________________________
Special Report
15 Nov-2017
COMMODITY ROUNDUP
Gold prices drifted higher at the start of a busy week on
Monday, as investors looked ahead to key U.S. economic
reports to gauge how it will impact the Federal Reserve's
view on monetary policy in the months ahead.
Comex gold futures inched up around $3.00, or 0.2%, to
$1,277.04 a troy ounce by 3:00AM ET (0800GMT).
The yellow metal finished down $13.30, or around 1%, on
Friday, but still booked a weekly gain of about 0.4%,
marking its first weekly rise in that past four weeks.
Market players will keep an eye out on a few U.S. economic
reports, with Wednesday'sinflation data in the spotlight, for
fresh clues on the likely trajectory of monetary policy.
Besides the inflation report, this week's calendar also
features U.S. data on retail sales, producer prices, building
permits, housing starts, industrial production, as well as
surveys on manufacturing conditions in the Philadelphia and
New York regions.
Meanwhile, comments from a clutch of Fed policymakers,
including Chair Janet Yellen, will also be on the agenda.
The U.S. central bank is scheduled to hold its final policy
meeting of the year on Dec. 12-13, with interest rate
futures pricing in a 100% chance of a rate hike at that
meeting, according to Investing.com's Fed Rate Monitor
Tool.
Elsewhere, on the political front, tax reform will likely stay
at the forefront, as markets look for any new developments
on the Trump Administration's tax bill.
Some traders believe tax reforms could bolster growth,
adding pressure on the Fed to raise interest rates.
Gold is highly sensitive to rising rates, which lift the
opportunity cost of holding non-yielding assets such as
bullion, while boosting the dollar, in which it is priced.
Among other precious metals, silver futures tacked on 2.0
cents, or 0.1%, to $16.89 a troy ounce, platinum inched up
0.2% to $933.45, while palladium gained 0.3% to $995.70 an
ounce.Meanwhile, copper futures rose 1.2 cents, or 0.4%,
to $3.088 a pound.
Crude prices were a bit lower to start the week on Monday,
slipping from their strongest level in more than two years
amid indications that U.S. producers will ramp up output to
take advantage of the recent rally.Oilfield services firm
Baker Hughes said Friday that the number of active U.S. rigs
drilling for oil rose by nine to 738 last week. It was the
biggest jump since June, sparking concern that U.S. shale
producers will ramp up output with prices holding near 28-
month highs.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD DEC ABOVE 29700 TGT 29770 29870 SL BELOW
29630
SELL GOLD DEC BELOW 29500 TGT 29430 29330 SL ABOVE
29570
SILVER
TRADING STRATEGY:
BUY SILVER DEC ABOVE 40000 TGT 40100 40200 SL BELOW
39850
SELL SILVER DEC BELOW 39500 TGT 39400 39200 SL ABOVE
39650
_____________________________________________________________________________________________________________________
Special Report
15 Nov-2017
NCDEX INDICES
Index Value % Change
Castor Seed 4310 0.26
Chana 4950 1.62
Coriander 4917 0.24
Cotton Seed Oilcake 1553 0.84
Guar Seed 10 MT 3641 0.69
Jeera 19125 2.41
Mustardseed 3943 -0.66
Soy Bean 2797 -0.78
Turmeric 6952 -0.94
Wheat 1718 -0.52
RECOMMENDATIONS
DHANIYA
BUY CORIANDER DEC ABOVE 5050 TGT 5080 5120 5170 SL
BELOW 5000
SELL CORIANDER DEC BELOW 4950 TGT 4920 4880 4830
SLABOVE 5000
GUARGUM
BUY GUARGUM5 DEC ABOVE 8350 TGT 8380 8420 8470 SL
BELOW 8300
SELL GUARGUM5 DEC BELOW 8270 TGT 8240 8200 8150 SL
ABOVE 8320
Guar complex futures ended lower for the second
consecutive month in October due to new season arrivals.
Despite increase in exports tprices have been under
pressure mainly on reports of higher carryover stocks with
the traders and mills.
Guar seed futures plunged by about 10% in last two months
while guar gum is down by 7.6%. The most active guar
contracts for November delivery at the National Commodity
and Derivative Exchange (NCDEX), fell 7.1% or Rs. 269 per
quintal while guar gum November down by 5.1% or Rs. 415
per quintal to close at Rs. 3,543 and 7,735 per quintal in
October respectively.
Castor seed futures on National Commodities and
Derivatives Exchange (NCDEX) witnessed the highest single
day jump on Wednesday since March this year supported
by highest ever monthly export volume of castor meal and
reports of crop damage due to heavy rains in Gujarat. The
benchmark castor seed contract on NCDEX for September
delivery was up more than 3.21 % or Rs 147 today to trade
at Rs. 4,727 per quintal, its highest level in four and half
months.
India's castor meal exports in June was revised to 1,19,315
tonnes from 62,516 tonnes in data released by the Solvent
Extractors' Association of India (SEA) recently. The export
volume for July was not updated in the recent release by
SEA but the exports are expected to be good. The revised
export data for castor meal in June is highest ever recorded
for a single month.
Cardamom futures declined on MCX as speculators
trimmed their positions, despite rising demand in the
domestic spot market.The contract for November delivery
was trading at Rs 855.00, down by 2.95% or Rs 26.00 from
its previous closing of Rs 881.00. The open interest of the
contract stood at 5 lots.
_____________________________________________________________________________________________________________________
Special Report
15 Nov-2017
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 65.5171 Yen 57.6500
Euro 76.4781 GBP 85.9388
JPY/INR
BUY JPY/INR BELOW 57.00 TGT 57.10-57.20 SL 56.90
SELL JPY/INR ABOVE 57.50 TGT 57.40-57.30 SL 57.60
EUR/INR
BUY EUR/INR ABOVE 76.50 TGT 76.60-76.70 SL 76.40
SELL EUR/INR BELOW 76.20 TGT 76.10-76.00 SL 76.30
The euro drifted lower on Monday, consolidating below a
one-week high tested in the previous session as investors
moved to the sidelines before a central bank conference
on Tuesday where central bankers may share their
thoughts on the global economy.
European Central Bank chief Mario Draghi, U.S. Federal
Reserve Chair Janet Yellen, Bank of Japan Governor
Haruhiko Kuroda and Bank of England head Mark Carney
will form an all-star panel on Tuesday at an ECB-hosted
conference in Frankfurt. summit assumes as much
importance as the Sintra summit as there are many
policymakers in one forum and they may strike a cautious
stance on the underlying complacency evident in markets,"
said Christin Tuxen, an FX strategist at Danske Bank.
Despite last week's wobble, global stocks remain poised
near record highs with market gauges of volatility .VIX near
recent lows, indicating investors remain bullish in the
closing weeks of the year despite double digit returns.
The dollar edged higher against other major currencies on
Monday, as it mildly recovered from losses posted the
previous week due to mounting concerns over the fate of a
highly-anticipated U.S. tax reform.
Senate Republicans unveiled a tax plan on Thursday that
differed from the one crafted by House Republicans,
highlighting the challenges to reconciling the differences
between the two plans with just a short time before the
year-end deadline they have set to pass it.
Hopes of tax reform have helped boost the dollar since mid
-September. Some traders believe tax reforms could
bolster growth, adding pressure on the Federal Reserve to
raise interest rates, known as the "Trumpflation" trade.
The U.S. dollar index, which measures the greenback’s
strength against a trade-weighted basket of six major
currencies, was up 0.25% at 94.54 by 05:15 a.m. ET (09:15
GMT), off Friday's one-week low of 94.16.
GBP/USD retreated 0.84% to trade at 1.3081 following
reports over the weekend that 40 Conservative members
of the UK parliament agreed to sign a letter of no-
confidence in Prime Minister Theresa May.
_____________________________________________________________________________________________________________________
Special Report
15 Nov-2017
Date Scrip
Cash/Future/
Option
Strategy Entry Level Target Stop Loss Remark
13/11/17 Nifty FUTURE BUY 10400 10320-10270 10470 NOT EXECUTED
13/11/17 RAYMOND FUTURE SELL 930 938 SL TRIGGRED
920-910
13/11/17 SUNPHARMA FUTURE SELL 540-541 530-520 548 FINAL TGT
13/11/17 RAIN CASH BUY 389-390 395-400 385 1ST TGT
Date
Commodity/
Currency Pairs
Contract Strategy Entry Level Target Stop Loss Remark
13/11/17 NCDEX DHaNIYA NOV BUY 4950
4980/5020/507
0
4900 SL TRIGGRED
13/11/17 NCDEX DHaNIYA NOV SELL 4870
4840 4800
4750
4920 NOT EXECUTED
13/11/17
NCDEX
GUARGUM
NOV BUY 8300
8330 8370
8420
8250 NOT EXECUTED
13/11/17
NCDEX
GUARGUM
NOV SELL 8150
8120 7080
7030
8200 NOT EXECUTED
13/11/17 MCX GOLD DEC. BUY 29630 29540 OPEN
29690 29790
13/11/17 MCX GOLD DEC. SELL 29530 29600 TARGET29440 29340
13/11/17 MCX SILVER NOV BUY 40000 39850 NOTEXECUTED40100 40200
_____________________________________________________________________________________________________________________
Special Report
15 Nov-2017
NEXT WEEK'S U.S. ECONOMIC REPORTS
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 investment decision. The
report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments
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
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Disclaimer
TIME REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, NOV. 20
10 am Leading economic indicators Oct. -- -0.20%
TUESDAY, NOV. 21
8:30 AM Chicago Fed national activity Oct. -- 0.17
10 am
WEDNESDA
Y, NOV. 22
WEDNESDAY, NOV. 22
WEDNESDAY
, NOV. 22
WEDNESDAY, NOV. 22
WEDNESDAY,
NOV. 22
WEDNESD
AY, NOV.
22
8:30 AM Weekly jobless claims 18-Nov -- --
8:30 AM Durable goods orders Oct. 0.60% 2.00%
8:30 AM
10 am Consumer sentiment Nov. 97.8 97.8
2 pm FOMC minutes
THURSDAY, NOV. 23
None scheduled
Thanksgiving Day

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Special report by epic research of 15 november 2017

  • 1. _____________________________________________________________________________________________________________________ Special Report 15 Nov-2017 Global markets at a glance US stock indexes rose on Monday as a sharp drop in General Electric shares was more than offset by gains in high dividend-paying sectors. The Dow Jones Industrial Average rose 17.49 points, or 0.07 percent, to 23,439.7, the S&P 500 gained 2.54 points, or 0.10 percent, to 2,584.84 and the Nasdaq Composite added 6.66 points, or 0.1 percent, to 6,757.60, Reuters reported. US stock indexes fell on Tuesday as General Electric shares plunged for a second straight day and a drop in crude oil prices hit energy stocks. The Dow Jones Industrial Average fell 30.23 points, or 0.13 percent, to end at 23,409.47, the S&P 500 lost 5.97 points, or 0.23 percent, to 2,578.87 and the Nasdaq Composite dropped 19.72 points, or 0.29 percent, to 6,737.87, Reuters reported. Asian stocks slipped on Wednesday after weaker crude oil prices took a toll on Wall Street, while the euro kept big gains after enjoying a boost from robust German economic growth.MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.16 percent.Australian stocks dropped 0.48 percent and South Korea's KOSPI shed 0.5 percent. Japan's Nikkei lost 0.8 percent. "The decline by US equities led by energy shares is having a knock-on effect, dampening sentiment in sectors related to energy and industry," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management in Tokyo. Previous day Roundup The Nifty opened on a muted note and failed to build momentum on the upside as bears took control of D-Street pushing the index below 10,200 on Tuesday. The Nifty closed at 10,186.60 on Tuesday. According to Pivot charts, the key support level is placed at 10,158.73, followed by 10,130.87. If the index starts to move higher, key resistance levels to watch out are 10,231.23 and 10,275.87. The Nifty Bank closed at 25,284.60 on Tuesday, down 73.7 points. Important Pivot level, which will act as crucial support for the index, is placed at 25,203.53, followed by 25,122.46. On the upside, key resistance level is 25,385.23, followed by 25,485.87. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Consumer Durables [up 129.50 pts.], CapitalGoods [down 260.55 pts], PSU [down 85.61 p ts],FMCG[down40.84pts],Realty[up16.85pts],Power [down14.03pts],Auto[up57.54pts],Healthcare [down41.43pts],IT[down61.60pts],Metal[down 90.19pts],TECK[down43.90pts], Oil& Gas [down 139.03pts]. World Indices Index Value % Change DJI 23409.47 -0.13 S&P500 2,570.50 -0.28 NASDAQ 6276.13 -0.13 FTSE100 7415.18 -0.24 NIKKEI 22161.00 -0.98 HANG SENG 29026.11 -0.43 Top Gainers Company CMP Change % Chg Hero Motocorp 3,655.20 75.30 2.10 Axis Bank 545.65 8.30 1.54 Bajaj Finance 1,754.90 26.15 1.51 Bajaj Auto 3,266.55 43.55 1.35 Reliance 886.70 11.45 1.31 Top Losers Company CMP Change % Chg Bharti Infratel 396.95 -18.55 -4.46 Larsen 1,210.20 -30.35 -2.45 HPCL 411.20 -8.90 -2.12 Power Grid Corp 206.95 -4.05 -1.92 Vedanta 308.95 -5.75 -1.83 Stocks at 52 Week’s HIGH Symbol Prev. Close Change %Chg ACE 95.25 19.05 20 AMDIND 48.1 4.2 8.73 ASTRAL 775.75 20.8 2.68 BALKRISIND 2048.75 28.25 1.38 BASF 1734.7 91.3 5.26 CALSOFT 48.35 2.4 4.96 CANDC 87.95 4.35 4.95 Indian Indices Company CMP Change % Chg NIFTY 10186.60 -38.40 -0.38 SENSEX 32941.87 -91.69 -0.28 Stocks at 52 Week’s LOW Symbol Prev. Close Change %Chg ALPSINDUS 4.7 0.2 4.26 ARIHANT 40.8 -0.8 -1.96 CTE 61.35 -1.2 -1.96
  • 2. _____________________________________________________________________________________________________________________ Special Report 15 Nov-2017 STOCK RECOMMENDATION [CASH] GSFC [CASH] After a 4 days long downward trend GSFC is prepared to break its crucial resistance level of 141.50 on intrday basis, , downside it has support level at 137. From the daily chart its clear that the stock is losing its downtrend waiting for high volume today if market support then it would give a clear breakout.So we recommend to BUY GSFC ABOVE 141.80 TGT 144-148 SL BELOW 138. MACRO NEW  The Nifty50 futures on the Singapore Stock Exchange were trading 31.5 points lower at 10196 indicating a negative opening for the domestic market  Technology spending in India is expected to rise 9.2 percent to reach USD 87.1 billion in 2018, led by spending on expensive devices such as the iPhoneX and laptop upgrades, which continue to drive the majority of overall IT spending in India, according to research firm Gartner.Software spending is expected to grow 17.9 percent in this year, and it will grow another 15.3 percent in 2018 to reach USD 5.7 billion.  Export declined by 1.12 percent to USD 23 billion in October, retreating from a six-month high growth in September as shipments of textiles, pharmaceuticals, leather and gems and jewellery fell, official data showed.Trade deficit widened to USD 14 billion during the month under review as against USD 11.13 billion in October 2016. Exporters are struggling with a liquidity crunch because of delayed GST refunds, leading to the highest trade deficit in 35 months.  Bharat 22 Exchange Traded Fund (ETF), comprising 22 companies, on Tuesday attracted robust bids with the portion reserved for anchor investors getting subscribed six times to the tune of Rs 12,000 crore on the opening day. As much as 25 percent of the total issue size, or Rs 2,000 crore, was reserved for anchor investors who put in bids worth about Rs 12,000 crore. RECOMMENDATIONS [FUTURE] 1. RAYMOND[FUTURE ] This particular counter of Textile industry is continuosly falling and following down trend. From the daily chart its clar cut sell It has a support level at 928 and Resistance at 942 in cash market . Support level at 930 and Resistance at 941.so we recommend to SELL RAYMOND FUTURE AROUND 940 TGT 930-920 SL BELOW 948. 2.SUNPHARMA[FUTURE] From the Daily chart its clear that Sunpharma is continuosly getting rang bound but its trend is sideways to down upside it has resistance level at 543 & 554 and downside supports are 521&515, if we consider pharma sector then its showing weak and downside rally so we recommend to SELL SUNPHARMA FUTURE AROUND 540-541 TGT 530-520 SL ABOVE 548.
  • 3. _____________________________________________________________________________________________________________________ Special Report 15 Nov-2017 MOST ACTIVE CALL OPTION Symbol Optio n Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 10,300 70.05 2,06,974 43,75,650 NIFTY CE 10,400 37.45 1,99,888 49,16,700 NIFTY CE 10,500 18.15 1,57,047 56,31,975 TATAGLOBAL CE 250 6.9 4,207 21,06,000 RELIANCE CE 900 16.9 3,957 17,31,000 TATAMOTORS CE 420 10.9 3,506 16,11,000 SUNPHARMA CE 560 11.2 2,598 19,72,000 BANKBARODA CE 180 6.75 2,524 40,70,500 MOST ACTIVE PUT OPTION Symbol Optio n Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY PE 10,200 86.35 1,93,165 45,81,375 BANKNIFTY PE 25,200 61 1,82,755 3,58,360 BANKNIFTY PE 25,300 95.65 1,79,803 3,56,200 SUNPHARMA PE 500 13.15 2,113 10,48,000 AXISBANK PE 540 10.95 2,059 9,48,000 SBIN PE 330 9.1 1,861 21,93,000 SBIN PE 320 5.6 1,801 29,73,000 TATAMOTORS PE 410 9.55 1,780 8,85,000 FII DERIVATIVES STATISTICS BUY OPEN INTEREST AT THE END OF THE DAY No. of Contracts Amount in Crores No. of Contracts Amount in Crores No. of Contracts Amount in Crores NET AMOUNT INDEX FUTURES 22800 1837.22 19339 1558.33 360579 28518.90 278.8945 INDEX OPTIONS 478482 41106.20 473936 40739.10 1106356 87342.89 367.101 STOCK FUTURES 96441 6862.85 101769 7202.12 1012066 69898.25 -339.2783 STOCK OPTIONS 100859 7572.27 101128 7591.32 118709 8297.39 -19.0475 287.6697 SELL STOCKS IN NEWS  NBCC - Lenders ask NBCC to develop defaulters’ land .  NBCC - Lenders ask NBCC to develop defaulters’ land  HCL Technologies signed a 5-year IT infrastructure services contract with Jardine Lloyd Thompson . NIFTY FUTURE The Nifty opened on a muted note and failed to build momentum on the upside as bears took control of D- Street pushing the index below 10,200 on Tuesday.The Nifty closed at 10,186.60 on Tuesday. According to Pivot charts, the key support level is placed at 10,158.73, followed by 10,130.87. If the index starts to move higher, key resistance levels to watch out are 10,231.23 and 10,275.87.Last week NIFTY faced strong profit booking after making new high of 10530, from the high we saw two per cent fall. So the sell NIFTY FUTURE on rise will be good around 10350 for target of 10300-10250 with stop loss of 10400. INDICES R2 R1 PIVOT S1 S2 NIFTY 10276.00 10231.00 10203.00 10158.00 10130.00 BANKNIFTY 25484.00 25384..00 25303..00 25203..00 25122..00
  • 4. _____________________________________________________________________________________________________________________ Special Report 15 Nov-2017 COMMODITY ROUNDUP Gold prices drifted higher at the start of a busy week on Monday, as investors looked ahead to key U.S. economic reports to gauge how it will impact the Federal Reserve's view on monetary policy in the months ahead. Comex gold futures inched up around $3.00, or 0.2%, to $1,277.04 a troy ounce by 3:00AM ET (0800GMT). The yellow metal finished down $13.30, or around 1%, on Friday, but still booked a weekly gain of about 0.4%, marking its first weekly rise in that past four weeks. Market players will keep an eye out on a few U.S. economic reports, with Wednesday'sinflation data in the spotlight, for fresh clues on the likely trajectory of monetary policy. Besides the inflation report, this week's calendar also features U.S. data on retail sales, producer prices, building permits, housing starts, industrial production, as well as surveys on manufacturing conditions in the Philadelphia and New York regions. Meanwhile, comments from a clutch of Fed policymakers, including Chair Janet Yellen, will also be on the agenda. The U.S. central bank is scheduled to hold its final policy meeting of the year on Dec. 12-13, with interest rate futures pricing in a 100% chance of a rate hike at that meeting, according to Investing.com's Fed Rate Monitor Tool. Elsewhere, on the political front, tax reform will likely stay at the forefront, as markets look for any new developments on the Trump Administration's tax bill. Some traders believe tax reforms could bolster growth, adding pressure on the Fed to raise interest rates. Gold is highly sensitive to rising rates, which lift the opportunity cost of holding non-yielding assets such as bullion, while boosting the dollar, in which it is priced. Among other precious metals, silver futures tacked on 2.0 cents, or 0.1%, to $16.89 a troy ounce, platinum inched up 0.2% to $933.45, while palladium gained 0.3% to $995.70 an ounce.Meanwhile, copper futures rose 1.2 cents, or 0.4%, to $3.088 a pound. Crude prices were a bit lower to start the week on Monday, slipping from their strongest level in more than two years amid indications that U.S. producers will ramp up output to take advantage of the recent rally.Oilfield services firm Baker Hughes said Friday that the number of active U.S. rigs drilling for oil rose by nine to 738 last week. It was the biggest jump since June, sparking concern that U.S. shale producers will ramp up output with prices holding near 28- month highs. RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD DEC ABOVE 29700 TGT 29770 29870 SL BELOW 29630 SELL GOLD DEC BELOW 29500 TGT 29430 29330 SL ABOVE 29570 SILVER TRADING STRATEGY: BUY SILVER DEC ABOVE 40000 TGT 40100 40200 SL BELOW 39850 SELL SILVER DEC BELOW 39500 TGT 39400 39200 SL ABOVE 39650
  • 5. _____________________________________________________________________________________________________________________ Special Report 15 Nov-2017 NCDEX INDICES Index Value % Change Castor Seed 4310 0.26 Chana 4950 1.62 Coriander 4917 0.24 Cotton Seed Oilcake 1553 0.84 Guar Seed 10 MT 3641 0.69 Jeera 19125 2.41 Mustardseed 3943 -0.66 Soy Bean 2797 -0.78 Turmeric 6952 -0.94 Wheat 1718 -0.52 RECOMMENDATIONS DHANIYA BUY CORIANDER DEC ABOVE 5050 TGT 5080 5120 5170 SL BELOW 5000 SELL CORIANDER DEC BELOW 4950 TGT 4920 4880 4830 SLABOVE 5000 GUARGUM BUY GUARGUM5 DEC ABOVE 8350 TGT 8380 8420 8470 SL BELOW 8300 SELL GUARGUM5 DEC BELOW 8270 TGT 8240 8200 8150 SL ABOVE 8320 Guar complex futures ended lower for the second consecutive month in October due to new season arrivals. Despite increase in exports tprices have been under pressure mainly on reports of higher carryover stocks with the traders and mills. Guar seed futures plunged by about 10% in last two months while guar gum is down by 7.6%. The most active guar contracts for November delivery at the National Commodity and Derivative Exchange (NCDEX), fell 7.1% or Rs. 269 per quintal while guar gum November down by 5.1% or Rs. 415 per quintal to close at Rs. 3,543 and 7,735 per quintal in October respectively. Castor seed futures on National Commodities and Derivatives Exchange (NCDEX) witnessed the highest single day jump on Wednesday since March this year supported by highest ever monthly export volume of castor meal and reports of crop damage due to heavy rains in Gujarat. The benchmark castor seed contract on NCDEX for September delivery was up more than 3.21 % or Rs 147 today to trade at Rs. 4,727 per quintal, its highest level in four and half months. India's castor meal exports in June was revised to 1,19,315 tonnes from 62,516 tonnes in data released by the Solvent Extractors' Association of India (SEA) recently. The export volume for July was not updated in the recent release by SEA but the exports are expected to be good. The revised export data for castor meal in June is highest ever recorded for a single month. Cardamom futures declined on MCX as speculators trimmed their positions, despite rising demand in the domestic spot market.The contract for November delivery was trading at Rs 855.00, down by 2.95% or Rs 26.00 from its previous closing of Rs 881.00. The open interest of the contract stood at 5 lots.
  • 6. _____________________________________________________________________________________________________________________ Special Report 15 Nov-2017 RBI Reference Rate Currency Rate Currency Rate Rupee- $ 65.5171 Yen 57.6500 Euro 76.4781 GBP 85.9388 JPY/INR BUY JPY/INR BELOW 57.00 TGT 57.10-57.20 SL 56.90 SELL JPY/INR ABOVE 57.50 TGT 57.40-57.30 SL 57.60 EUR/INR BUY EUR/INR ABOVE 76.50 TGT 76.60-76.70 SL 76.40 SELL EUR/INR BELOW 76.20 TGT 76.10-76.00 SL 76.30 The euro drifted lower on Monday, consolidating below a one-week high tested in the previous session as investors moved to the sidelines before a central bank conference on Tuesday where central bankers may share their thoughts on the global economy. European Central Bank chief Mario Draghi, U.S. Federal Reserve Chair Janet Yellen, Bank of Japan Governor Haruhiko Kuroda and Bank of England head Mark Carney will form an all-star panel on Tuesday at an ECB-hosted conference in Frankfurt. summit assumes as much importance as the Sintra summit as there are many policymakers in one forum and they may strike a cautious stance on the underlying complacency evident in markets," said Christin Tuxen, an FX strategist at Danske Bank. Despite last week's wobble, global stocks remain poised near record highs with market gauges of volatility .VIX near recent lows, indicating investors remain bullish in the closing weeks of the year despite double digit returns. The dollar edged higher against other major currencies on Monday, as it mildly recovered from losses posted the previous week due to mounting concerns over the fate of a highly-anticipated U.S. tax reform. Senate Republicans unveiled a tax plan on Thursday that differed from the one crafted by House Republicans, highlighting the challenges to reconciling the differences between the two plans with just a short time before the year-end deadline they have set to pass it. Hopes of tax reform have helped boost the dollar since mid -September. Some traders believe tax reforms could bolster growth, adding pressure on the Federal Reserve to raise interest rates, known as the "Trumpflation" trade. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.25% at 94.54 by 05:15 a.m. ET (09:15 GMT), off Friday's one-week low of 94.16. GBP/USD retreated 0.84% to trade at 1.3081 following reports over the weekend that 40 Conservative members of the UK parliament agreed to sign a letter of no- confidence in Prime Minister Theresa May.
  • 7. _____________________________________________________________________________________________________________________ Special Report 15 Nov-2017 Date Scrip Cash/Future/ Option Strategy Entry Level Target Stop Loss Remark 13/11/17 Nifty FUTURE BUY 10400 10320-10270 10470 NOT EXECUTED 13/11/17 RAYMOND FUTURE SELL 930 938 SL TRIGGRED 920-910 13/11/17 SUNPHARMA FUTURE SELL 540-541 530-520 548 FINAL TGT 13/11/17 RAIN CASH BUY 389-390 395-400 385 1ST TGT Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 13/11/17 NCDEX DHaNIYA NOV BUY 4950 4980/5020/507 0 4900 SL TRIGGRED 13/11/17 NCDEX DHaNIYA NOV SELL 4870 4840 4800 4750 4920 NOT EXECUTED 13/11/17 NCDEX GUARGUM NOV BUY 8300 8330 8370 8420 8250 NOT EXECUTED 13/11/17 NCDEX GUARGUM NOV SELL 8150 8120 7080 7030 8200 NOT EXECUTED 13/11/17 MCX GOLD DEC. BUY 29630 29540 OPEN 29690 29790 13/11/17 MCX GOLD DEC. SELL 29530 29600 TARGET29440 29340 13/11/17 MCX SILVER NOV BUY 40000 39850 NOTEXECUTED40100 40200
  • 8. _____________________________________________________________________________________________________________________ Special Report 15 Nov-2017 NEXT WEEK'S U.S. ECONOMIC REPORTS 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 investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments 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 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 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 REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS MONDAY, NOV. 20 10 am Leading economic indicators Oct. -- -0.20% TUESDAY, NOV. 21 8:30 AM Chicago Fed national activity Oct. -- 0.17 10 am WEDNESDA Y, NOV. 22 WEDNESDAY, NOV. 22 WEDNESDAY , NOV. 22 WEDNESDAY, NOV. 22 WEDNESDAY, NOV. 22 WEDNESD AY, NOV. 22 8:30 AM Weekly jobless claims 18-Nov -- -- 8:30 AM Durable goods orders Oct. 0.60% 2.00% 8:30 AM 10 am Consumer sentiment Nov. 97.8 97.8 2 pm FOMC minutes THURSDAY, NOV. 23 None scheduled Thanksgiving Day