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DAILY REPORT
03rd DECEMBER. 2013

Global markets at a glance
European shares turned red early on Monday as weak
manufactur...
DAILY REPORT
03rd DECEMBER. 2013

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE]
1. RANBAXY

STOCK RECOMMENDATION [C...
DAILY REPORT
FUTURE & OPTION

03rd DECEMBER. 2013

STOCKS IN NEWS
 Mercedes launches SLK 55 AMG model priced at Rs
1.26 c...
DAILY REPORT
03rd DECEMBER. 2013

COMMODITY MCX

RECOMMENDATIONS
SILVER

COMMODITY ROUNDUP
gold edged up 0.2 percent to ab...
DAILY REPORT
03rd DECEMBER. 2013

NCDEX

RECOMMENDATIONS
CASTORSEED

NCDEX INDICES
Index

Value

% Change

Barley

1349

-...
DAILY REPORT
03rd DECEMBER. 2013

CURRENCY

RBI Reference Rate
Currency

Rate Currency

Rupee- $

62.2260 Yen-100

Euro

8...
DAILY REPORT
03rd DECEMBER. 2013

CALL REPORT
PERFORMANCE UPDATES

Date
02/12/13
02/12/13
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Special report by epic research 3 december 2013

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Epic Research is India's leading investment advisory firm; we offer best tips and recommendations for stock, commodity, share, equity and forex market investors. Call-07316642300

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Special report by epic research 3 december 2013

  1. 1. DAILY REPORT 03rd DECEMBER. 2013 Global markets at a glance European shares turned red early on Monday as weak manufacturing figures from Spain spooked investors ahead of a busy week on the economic data front. World Indices Index Value % Change 16,008.77 -0.48 1,809.90 -0.27 NASDAQ EURO STO FTSE 100 4,0245.26 3,077.23 6,595.33 -0.36 -0.30 -0.83 Nikkei 225 Hong Kong 15,734.65 23,879.60 +0.51 -0.66 DJl S&P 500 Asian shares slipped and the dollar firmed on Tuesday as an unexpectedly strong U.S. factory activity gauge bolstered expectations the Federal Reserve will soon reduce its stimulus. The yen's weakness helped lift Tokyo's Nikkei benchmark 0.5 percent higher to 15,731.49. The index hit a six-month high of 15,756.37 in the opening minutes of trade, edging closer to a 5-1/2 year intraday high of 15,942.60 logged in May. Top Gainers Company CMP Change % Chg RANBAXY 448.00 26.15 +6.20 JINDALSTEL 270.75 12.60 +4.88 SUNPHARMA 596.25 24.25 +4.24 1,129.50 43.50 +4.01 483.55 12.75 +2.71 CMP Change % Chg 583.35 93.65 333.80 295.20 1,660.00 11.40 1.65 4.65 3.90 16.15 -1.92 -1.52 -1.37 -1.30 -0.96 Prev. Close Change %Chg 1,012.00 33.15 +3.39 AUROPHARM 305.40 11.85 +4.04 The U.S. nonfarm payrolls data on Friday and the outcome of elections in several states on Dec. 8 would be key for the short term. BIOCON 386.55 0.65 -0.17 CENTENKA 151.00 2.70 +1.82 JBCHEMPHARM 118.50 1.20 +1.02 Index stats The Bankex and Bank Nifty both advanced 1.16% & 1.17% respectively. Among the sartorial indices all the sectors were up; Capital Goods [up 157.61pts], AUTO [up 56.07pts], FMCG [up 5.42pts], PSU [up 0.49pts], Consumer Durables [up 0.89pts], Metals [up 94.51pts]Realty [up 6.92pts], TECK [up 30.42pts], IT [up 35.55pts], Power [up 6.21pts], and Healthcare [up 190.22pts], the index slipped was Oil & Gas [down 32.57pts]. Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg TAJGVK -- 53.85 0.35 -0.65 CMP Change % Chg 6,091.85 20,534.91 +34.75 +114.65 +0.57 +0.56 Wall Street Update U.S. stocks closed lower overnight, while U.S. benchmark 10-year Treasury yields ended near 2.8 percent to a oneweek high. The Dow Jones industrial average dropped 77.64 points, or 0.48 percent, to end at 16,008.77. The Standard & Poor's 500 Index declined 4.91 points, or 0.27 percent, to 1,800.90. The Nasdaq Composite Index fell 14.63 points, or 0.36 percent, to close at 4,045.26. HCLTECH WIPRO Top Losers Company Previous day Roundup Indian shares rose on Monday to their highest close in nearly a month as stocks of companies such as Tata Steel gained after promising manufacturing data at home and in China eased concerns about slowing economic growth. It was a stellar rally to begin trade in December. The Sensex ended up 106.08 points at 20898.01, and the Nifty closed up 41.75 points at 6217.85. About 1447 shares have advanced, 999 shares declined, and 166 shares are unchanged. HINDUNILVR POWERGRID GAIL ONGC MARUTI Stocks at 52 Week’s high Symbol AJANTAPHARM Indian Indices Company NIFTY SENSEX YOUR MINTVISORY Call us at +91-731-6642300
  2. 2. DAILY REPORT 03rd DECEMBER. 2013 EQUITY CASH & FUTURE STOCK RECOMMENDATIONS [FUTURE] 1. RANBAXY STOCK RECOMMENDATION [CASH] 1. JINDAL PHOTO RANBAXY FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 450, We advise buying around 445-450 levels with strict stop loss of 440 for the targets of 455-465 levels. JINDAL PHOTO is looking strong on charts. We advise buying above 122 levels with strict stop loss of 117 for the targets of 127-134 levels. 2. HCL TECH HCL TECH FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 1125, we advise buying around 1125-1130 levels with strict stop loss of 1115 for targets of 11451160. YOUR MINTVISORY MACRO NEWS  India's manufacturing sector activity witnessed an expansion in Nov. for the first time since July, driven by rising new domestic orders. The HSBC India Manufacturing Purchasing Managers' Index for the manufacturing industry climbed from 49.6 in Oct. to 51.3 in Nov. on the back of a rebound in new orders and output.  Committed to keep fiscal deficit under check, PM convened a meeting on Dec. 03 to push forward the disinvestment program with a view to achieve the budgetary target of Rs 40,000 cr. in current fiscal.  Indian banks borrowed 86.50 billion rupees under MSF in November .  The aggregate Gross Loan Portfolio of MFIs in the second quarter ended Sep 30 grew by 30% to Rs 22,138 crore against Rs 17,032 crore in the year-ago period.  The RBI will sell 150 billion rupees of bonds on Dec. 6.  State-run Power Grid Corp of India's $1.15 billion share sale, part of New Delhi's drive to revive its divestment program, opens on Dec. 3 and closes on Dec. 6.  State-owned ONGC Videsh has sent out a request for proposals for a US$1bn five-year term loan. Call us at +91-731-6642300
  3. 3. DAILY REPORT FUTURE & OPTION 03rd DECEMBER. 2013 STOCKS IN NEWS  Mercedes launches SLK 55 AMG model priced at Rs 1.26 cr .  General Motors India and Maruti Suzuki India sales down 10.7% & 14.14% respectively in Nov.  SpiceJet allots 1.5 crore shares to promoter.  Honda Car sales zoom 151% in November.  Infosys trims its overseas headcount to reduce costs, it has opened a new branch office in Sydney and will hire 85 people. MOST ACTIVE PUT OPTION Symbol Option Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY PE 6,000 60.75 1,20,755 53,73,450 NIFTY PE 6,100 87.00 1,17,302 35,84,550 NIFTY PE 6,200 121.5 1,01,987 24,93,550 BANK NIFTY PE 11,000 263.90 10,232 1,41,025 SBIN PE 1,800 55.00 3,011 1,57,000 RELIANCE PE 860 23.25 1,547 2,05,750 TATASTEEL PE 400 11.45 1,430 6,99,000 POWERGRID PE 90 1.60 1,361 39,68,000 Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY FUTURE MOST ACTIVE CALL OPTION Symbol Option Type NIFTY CE 6,400 85.50 1,69,905 36,10,600 NIFTY CE 6,300 128.80 1,53,604 45,22,500 NIFTY CE 6,500 52.30 1,49,787 47,10,050 BANKNIFTY CE 12,000 177 15,195 1,60,825 SBIN CE 1,900 45.50 4,486 2,34,000 AXISBANK CE 1,200 53,80 2,460 2,39,000 RELIANCE CE 150 880 17.30 2,269 RANBAXY CE 460 16.70 2,229 2,67,000 UNITECH CE 20 0.20 2,202 84,00,000 Nifty Future closed in the green in the last trading session. We advise buying around 6240-6250 with strict stop loss of 6210 for the targets of 6280-6300 levels. FII DERIVATIVES STATISTICS BUY SELL OPEN INTEREST AT THE END OF THE DAY No. of Amount in No. of Amount in No. of Contracts Crores Contracts Crores Contracts Amount in Crores NET AMOUNT INDEX FUTURES 61805 1909.44 45022 1388.62 432778 13438.64 520.82 INDEX OPTIONS 331216 10178.69 289798 8900.86 1479477 45902.35 1277.83 STOCK FUTURES 56106 1565.53 61042 1705.45 1063544 29523.15 -139.92 STOCK OPTIONS 20545 566.89 19999 555.39 22587 618.86 11.50 TOTAL 1670.24 INDICES NIFTY S2 S1 PIVOT R1 R2 6148.34 6183.09 6205.89 6240.64 6263.44 NIFTYJUNIOR 12347.71 12400.68 12445.51 12498.48 12543.31 BANK NIFTY 11103.54 11193.94 11270.7 11361.09 11437.85 YOUR MINTVISORY Call us at +91-731-6642300
  4. 4. DAILY REPORT 03rd DECEMBER. 2013 COMMODITY MCX RECOMMENDATIONS SILVER COMMODITY ROUNDUP gold edged up 0.2 percent to above $1,222 an ounce, stabilizing after sliding 2.6 percent to their lowest since early July in the previous session on better-than-expected U.S. manufacturing data. U.S. crude prices gained 0.4 percent to above $94 a barrel, adding to a 1.2 percent rise overnight. Brent crude futures rose to a 10-week high on Monday, supported by strong manufacturing data from China and the United States, and concerns about supplies of Russian crude. U.S. Treasuries yields rose on Monday as investors took a cautious stance ahead of a heavy week of data, culminating in Friday's key November employment report, which will be scoured for signals about the Federal Reserve's future decisions. TRADING STRATEGY: BUY SILVER MAR ABOVE 45400 TGT 45600/45900 SL 45100 SELL SILVER MAR BELOW 44300 TGT 44100/43800 SL 44600 GOLD TRADING STRATEGY: BUY GOLD FEB ABOVE 29130 TGT 29230/29250 SL 29010 SELL GOLD FEB BELOW 28620 TGT 28520/28400 SL 28740 YOUR MINTVISORY Silver prices fell by 0.84% to Rs 43,904 per kg in futures trade yesterday as speculators trimmed their positions, taking weak cues from global markets. At the MCX silver for delivery in December traded lower by Rs 370, or 0.84%, to Rs 43,904 per kg in business turnover of 100 lots. Similarly, the white metal for delivery in March last year declined by Rs 373, or 0.81%, to Rs 45,471 per kg in business volume of 550 lots. In the international market, silver fell as much as 1% to $19.79 an ounce in Singapore, snapping two days of gains. A subdued trend in precious metals in the global markets on speculation that the Federal Reserve will begin reducing monetary stimulus as the US economy strengthens, mainly put pressure on silver futures here. Taking weak cues from global markets, Aluminium prices fell to Rs 108.05 per kg in futures trading today as speculators offloaded their positions. Further, sluggish demand in the domestic spot markets also weighed on the metal prices. At the Multi Commodity Exchange, Aluminium for December contract declined by 30 paise, or 0.28%, to Rs 108.05 per kg in business turnover of 72 lots. Globally, Aluminium for delivery in three months on the LME lost 0.5% to $1,747 per tonne. The weakness in Aluminium at futures trade was mostly in tandem with an overseas downtrend after stockpiles climbed. Call us at +91-731-6642300
  5. 5. DAILY REPORT 03rd DECEMBER. 2013 NCDEX RECOMMENDATIONS CASTORSEED NCDEX INDICES Index Value % Change Barley 1349 -0.07 Castor Seed 4369 -0.27 Chana 3013 -0.50 Chilli 6756 -3.98 Coriander 7597 +0.41 Cotton Seed Oilcake 1406 +0.43 12332.5 -1.62 Mustard seed 3709 -0.11 Ref Soya Oil 713.1 -0.10 Turmeric 4978 -1.66 Jeera SELL CASTORSEED BELOW 4345 TGTS 4315/4265 SL 4395 BUY CASTORSEED ABOVE 4410 TGTS 4450/4490 SL 4360 DHANIYA NCDEX ROUNDUP Agri-commodities have seen heavy losses, rebuilding in global inventories suggests headwinds fo the sector are likely to continue. Aside from a moderation in the use of corn for ethanol purposes, possible changes to farm susbsidies in China could also see a reduction in this country's agricultural imports. India sugar production for 2013-14 sugar season is at 8 lakh tons as on Nov 2013 which is substantially lower when compared to the 24.4 lakh tons produced during the same period last year. Uncertainty in sugarcane pricing for the season 2013-14 has hit the sugarcane crushing activities in the country. Sugarcane farmers are demanding for better prices for their produce from millers citing rise in diesel prices and labour charges. Meanwhile, crushers are refusing to give higher prices saying that they have been facing losses. SELL DHANIYA BELOW 7480 TGTS 7450/7400 SL 7530 BUY DHANIYA ABOVE 7670 TGTS 7700/7750 SL 7620 YOUR MINTVISORY China has started selling from its cotton stockpiles from November 28 at 18,000 Yuan per ton or 133 cents/pound but it is not a recipe for disaster as China's purchases continue to out beat sales. China's cotton reserves have surpassed 10.1 mn tons in 2013/14 and it has a huge impact on global prices of cotton. Call us at +91-731-6642300
  6. 6. DAILY REPORT 03rd DECEMBER. 2013 CURRENCY RBI Reference Rate Currency Rate Currency Rupee- $ 62.2260 Yen-100 Euro 84.6410 GBP EUR/INR SELL EUR/INR BELOW 84.67 TGTS 84.45, 84.28 SL 85.05. BUY EUR/INR ABOVE 85.65 TGTS 85.79, 86.0 SL 85.05. GBP/INR Rate 60.7400 102.1378 CURRENCY ROUNDUP The rupee rose to a near two-week high against the dollar on Monday as worries about the economy eased after a private survey showed the country's manufacturing sector returned to growth last month. but trimmed gains after the central bank said state-run oil companies were sourcing all of their dollar needs in markets. The return of oil marketing companies (OMCs) to sourcing dollars in foreign exchange markets marks the end of a special window, implemented late-August, to provide the greenback to these refiners. Many analysts have said the move supported the rupee. The Reserve Bank of India said on Monday state-run oil companies were now sourcing their entire dollar demand in markets, but added it would consider re-opening a special swap window on "rare days" of strong greenback demand. The RBI also asked the oil marketing companies to smoothen their daily dollar demand so that upcoming bunched up demand was covered in advance in forward markets or on days with low dollar demand. The Reserve Bank of India has also closed two separate concessional windows that helped banks raise funds overseas, and which attracted a total of $34 billion since September. Although the withdrawal of the support to the rupee comes amid signs of an improving domestic economy and a more stable currency, traders nonetheless remained cautious, given the underlying issue of when the U.S. Federal Reserve would start tapering its bond buying. SELL GBP/INR BELOW 102.38 TGTS 102.13,101.95 SL 103.05. BUY GBP/INR ABOVE 103.15 TGTS 103.40,103.65 SL 102.60. YOUR MINTVISORY The partially convertible rupee closed at 62.315/325 per dollar compared with 62.44/45 on Friday. It rose to 61.965 during the session, its best level since Nov. 19. while the dollar/rupee forward premium also rose on the central bank advising banks to spread out their dollar demand by buying greenbacks in forward markets ahead of periods of pent-up demand. The one-month premium rose to end at 46.25 bps from its previous close of 45.50 bps, while the one-year premium was at 489 bps versus 494 bps previous close. Call us at +91-731-6642300
  7. 7. DAILY REPORT 03rd DECEMBER. 2013 CALL REPORT PERFORMANCE UPDATES Date 02/12/13 02/12/13 02/12/13 02/12/13 02/12/13 02/12/13 02/12/13 02/12/13 02/12/13 02/12/13 02/12/13 02/12/13 Date 02/12/13 02/12/13 02/12/13 02/12/13 29/11/13 29/11/13 Commodity/ Currency MCX GOLD MCX GOLD MCX SILVER MCX SILVER NCDEX CASTOR SEED NCDEX CASTOR SEED NCDEX DHANIYA NCDEX DHANIYA USD/INR USD/INR GBP/INR GBPINR Scrip NIFTY RECL PFC SRF TATASTEEL VOLTAS Contract Strategy Entry Level Target Stop Loss Remark DEC DEC. DEC DEC JAN. JAN. DEC. DEC. DEC. DEC. DEC. DEC. BUY SELL BUY SELL SELL BUY BUY SELL SELL BUY SELL BUY 30330 30150 44650 43950 4360 4435 7665 7535 62.60 63.01 102.23 102.86 30430-30580 30050-29950 44900-46300 43700-43400 4335-4295 4460,4490 7690-7730 7510-7470 62.44-62.29 63.15-63.25 102.07-101.86 102.99-103.18 30180 30300 44350 44250 4400 4390 NOT EXECUTED NOT EXECUTED NOT EXECUTED NOT EXECUTED NO PROFIT NO LOSS NOT EXECUTED SL TRIGGERED SL TRIGGERED BOOKED FULL PROFIT NOT EXECUTED CLOSED AT LOSS BOOKED PROFIT CASH/FUTURE FUTURE FUTURE FUTURE CASH FUTURE CASH Strategy BUY BUY BUY BUY BUY BUY Entry Level 6240 225.228 158-159 205-210 405 108-110 Target 7625 7575 63.10 62.51 102.73 102.36 Stop Loss Remark 6170 220 156 190 369 104 CALL OPEN CALL OPEN NOT EXECUTED BOOKED FULL PROFIT CALL OPEN CALLOPEN 6280-6350 232-236 162-164 225-235 415-425 115-120 US ECONOMIC REPORT TIME (ET) REPORT TBA MOTOR VEHICLE SALES PERIOD ACTUAL TUESDAY, DEC. 03 NOV. CONSENSUSFORECAST PREVIOUS 15.6 MLN 15.2 mln 130,000 -$41.8 BLN 55.4% 421,000 WEDNESDAY, DEC. 04 8:15 AM ADP EMPLOYMENT NOV. 176,000 8:30 AM 10 AM 10 AM TRADE DEFICIT ISM NONMANUFACTURING NEW HOME SALES OCT. NOV. OCT.. -$40.5 BLN 55.5% 428,000 2 PM BEIGE BOOK 8:30 AM WEEKLY JOBLESS CLAIMS 8:30 AM GDP REVISION 10 AM FACTORY ORDERS THURSDAY, DEC. 05 11/30 N/A 3Q 3.1% N/A 2.8% OCT. -0.7% 1.7% FRIDAY, DEC. 06 8:30 AM NONFARM PAYROLLS NOV. 180,000 8:30 AM 8:30 AM 8:30 AM 8:30 AM UNEMPLOYMENT RATE PERSONAL INCOME CONSUMER SPENDING CORE PCE PRICE INDEX NOV. OCT. OCT. OCT. 7.2% 0.3% 0.2% 0.1% 204,000 7.3% 0.5% 0.2% 0.1% 9:55 AM UMICH CONSUMER SENTIMENT INDEX DEC. 74.0 72.0 Disclaimer 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 informat ion 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. YOUR MINTVISORY Call us at +91-731-6642300

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