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DAILY REPORT
30st JANUARY. 2014

Global markets at a glance
Asian stocks suffered heavy losses on Thursday amid fresh
sign...
DAILY REPORT
30st JANUARY. 2014

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE]
1.SESA STER FUTURE

STOCK RECOMMENDA...
DAILY REPORT
FUTURE & OPTION

30st JANUARY. 2014

STOCKS IN NEWS
 Chairman RC Bhargava clarified that Gujarat unit expans...
DAILY REPORT
30st JANUARY. 2014

COMMODITY MCX

RECOMMENDATIONS
SILVER

COMMODITY ROUNDUP
Silver prices fell by 0.60% to R...
DAILY REPORT
30st JANUARY. 2014

NCDEX

RECOMMENDATIONS
CASTORSEED

NCDEX INDICES
Index

Value

% Change

Castor Seed

413...
DAILY REPORT
30st JANUARY. 2014

CURRENCY

RBI Reference Rate
Currency

Rate Currency

Rupee- $

62.2005 Yen-100

Euro

84...
DAILY REPORT
30st JANUARY. 2014

CALL REPORT
PERFORMANCE UPDATES

Date

Commodity/ Currency
Pairs

Contract

Strategy

Ent...
DAILY REPORT
30st JANUARY. 2014

ECONOMIC CALENDAR

NEXT WEEK'S U.S. ECONOMIC REPORTS
TIME (ET)

REPORT

PERIOD

ACTUAL

C...
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Special report by epic research 30 january 2014

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Epic Research provide specialized nifty future tips to nifty futures interday traders in which we give nifty levels, nifty calls along with bank nifty tips. Call 07316642300

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Special report by epic research 30 january 2014

  1. 1. DAILY REPORT 30st JANUARY. 2014 Global markets at a glance Asian stocks suffered heavy losses on Thursday amid fresh signs of a contraction in China's economy and following the Federal Reserve's decision to continue reducing its stimulus. China's Shanghai Composite shed 0.36 percent or 7.41 points at 2,042.50 and Hong Kong's Hang Seng declined 1.46 percent or 324.16 points at 21,817.45. Japan's Nikkei tumbled 3.18 percent or 488.68 points at 14,895.23 and Singapore's Straits Times fell 1.11 percent or 33.81 points at 3,014.12. World Indices Wall Street Update US stocks dropped more than 1 percent on Wednesday, hitting session lows after the Federal Reserve stuck with its plan to scale back stimulus even in the midst of emerging market turmoil. With the day's decline, the S&P 500 is down 4 percent for the month - its worst monthly loss since May 2012. Some investors have been bracing for a correction, given the S&P 500's gain of 30 percent last year. Top Gainers Index Value % Change 15738.79 -1.19 S&P 500 1774.20 -1.02 NASDAQ EURO STO FTSE 100 4051.48 3011.45 6544.28 -1.14 -0.89 -0.43 Nikkei 225 Hong Kong 14872.28 21803.24 -3.33 -1.53 DJl Index stats The Market was very volatile in yesterday session where Bank and Bank Nifty both closed almost flat (down-0.69% and down-66% . respectively). Among the sartorial indices the sectors which were up are;], Capital Good [up-86.39 pts], ],.Healthcare [UP-76.26pts], ] AUTO [UP 13.96pts], PSU [up 18.86pts], TECK [up 22.32pts] , IT [up 52.83pts the index down were Consumer Durables [down-41.45pts FMCG [down-0.40pts Metals [down–126.67pts], Realty [down –7.20.Pts], Realty [down –7.20.Pts], Oil& Gas [down -3.38pts]. YOUR MINTVISORY CMP Change % Chg 1675.05 109.05 6.96 BHEL 171.30 6.95 4.23 BPCL 354.80 12.60 3.68 RANBAXY 239.00 11.00 3.46 2070.35 57.20 2.84 CMP Change % Chg 194.05 380.35 554.95 359.20 1909.95 -5.85 -9.50 -12.45 -7.45 -34.75 -2.93 -2.44 -2.19 -2.03 -1.79 Prev. Close Change %Chg ALPHAGEO 86.25 4.30 4.99 SYMPHONY 467.75 5.35 -1.14 KRBL Previous day Roundup Markets ended flat ahead of January F&O contracts expiry tomorrow. Markets closed flat with a slight negative bias after a volatile session that saw key benchmark indices move in a narrow range. The 30-share Sensex closed 14 points lower at 20,664 levels and the 50-unit Nifty closed almost flat at 6,126 levels. BSE mid-cap ended 0.1% higher and small-cap indices was down 0.2%. The rupee continued to trade firm against the US dollar tracking gains in stock markets. The Indian currency was trading at Rs 62.34 compared with previous close of Rs 62.52 per dollar. The rupee is seen trading range bound ahead of outcome of FOMC meet. Company 41.85 1.85 -4.42 PHOENIXLL 78.15 15.60 19.96 Prev. Close Change %Chg CMP Change % Chg 6120.25 20647.30 -6.00 -36.21 -0.10 -0.18 MARUTI HEROMOTOCO Top Losers Company SSLT INDUSINDBANK BNKBARODA TATASTEEL BAJAJ-AUTO Stocks at 52 Week’s high Symbol Stocks at 52 Week’s Low Symbol Indian Indices Company NIFTY SENSEX Call us at +91-731-6642300
  2. 2. DAILY REPORT 30st JANUARY. 2014 EQUITY CASH & FUTURE STOCK RECOMMENDATIONS [FUTURE] 1.SESA STER FUTURE STOCK RECOMMENDATION [CASH] . 1.JUST DIAL SESA STER FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 195 levels. We advise selling around 194-195 levels with strict stop loss 198 for the targets of 192-190 levels. JUST DIAL is looking strong on charts. We advice buying around 1480-1490 levels with strict stop loss of 1450 for the targets of 1525-1550-1600 levels. 2. ADANI ENT FUTURE MACRO NEWS  FPIs bring together all the three investment categories FIIs, their sub-accounts and QFIs. Besides, the tax rate for FPIs would be the same as that extended to Foreign Institutional Investors. The new system would be especially beneficial for Qualified Foreign Investors who were subjected to higher tax rate earlier.   ADANI ENT FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 250 levels. We advise buying around 252-254 levels with strict stop loss 248 for the targets of 258-262 levels. YOUR MINTVISORY The Federal Reserve on Wednesday decided to trim its bond purchases by another USD 10 billion as it stuck to a plan to wind down its extraordinary economic stimulus despite recent turmoil in emerging markets India has been ranked 16 among the top 20 global economies receiving the most FDI, seeing a 17 percent growth to USD 28 billion in 2013,  India has been ranked 16 among the top 20 global economies receiving the most FDI, seeing a 17 percent growth to USD 28 billion in 2013, Call us at +91-731-6642300
  3. 3. DAILY REPORT FUTURE & OPTION 30st JANUARY. 2014 STOCKS IN NEWS  Chairman RC Bhargava clarified that Gujarat unit expansion will not have any impact on profitability of Maruti Suzuki .  Chanda Kochhar, MD and CEO, ICICI said the bank would see asset quality stress for a few quarters at least.  Havells India's Q3 PAT rose 28.3% at Rs 121.5 cr vs Rs 94.7 cr YoY NIFTY FUTURE MOST ACTIVE PUT OPTION Symbol Option Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY PE 6,100 24 6,89,587 42,76,250 NIFTY PE 6,200 77 3,50,047 21,69,200 BANKNIFTY PE 10,500 117 44,046 1,41,900 BANKNIFTY PE 10,400 71 34,472 90,125 ICICIBANK PE 1,000 9 8,332 3,37,000 ICICIBANK PE 1,020 19 6,661 1,38,250 MARUTI PE 1,650 9.85 5,656 2,11,250 SBIN PE 1,550 5.7 5,431 1,97,000 MOST ACTIVE CALL OPTION Symbol Option Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 6,200 6.95 5,83,267 44,09,950 NIFTY CE 6,100 48.05 3,50,623 22,44,350 BANKNIFTY CE 10,600 31.15 47,482 1,51,150 BANKNIFTY CE 10,700 10.5 43,533 1,89,925 SBIN CE 1,600 7.75 10,569 5,45,750 SBIN CE 1,650 1.7 8,187 MARUTI CE 1,700 7.8 8,065 ICICIBANK CE 1,040 1.9 5,965 6,83,125 Nifty Future closed in the red in the last trading session. 1,82,750 We advise selling around 6160-6150 levels with strict stop loss of 6180 for the targets of 6120-6080 levels. 2,23,750 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 126643 3799.83 135542 4062.52 549491 16638.16 -262.69 INDEX OPTIONS 577781 17257.10 562011 16781.11 1458127 44184.47 475.99 STOCK FUTURES 255145 7739.55 245051 7401.99 1152954 34835.32 337.56 STOCK OPTIONS 50344 1499.36 49264 1471.34 110104 3462.39 28.02 TOTAL 578.88 INDICES NIFTY S2 S1 PIVOT R1 R2 6072.85 6096.55 6133.5 6157.2 6194.15 NIFTYJUNIOR 11896.49 11928.64 11976.29 12008.44 12056.09 BANK NIFTY 10259.04 10348.4 10496.3 10585.65 10733.55 YOUR MINTVISORY Call us at +91-731-6642300
  4. 4. DAILY REPORT 30st JANUARY. 2014 COMMODITY MCX RECOMMENDATIONS SILVER COMMODITY ROUNDUP Silver prices fell by 0.60% to Rs 43,902 per kg in futures trade yesterday, taking weak cues from the global market amid subdued domestic demand. At the Multi Commodity Exchange, silver for delivery in March fell by Rs 277, or 0.60%, to Rs 43,902 per kg in business turnover of 2,524 lots. Gold prices moved down by 0.70% to Rs 28,700 per 10 grams in futures trade yesterday after participants offloaded positions, taking weak cues from the global market. At the Multi Commodity Exchange, gold for delivery in April declined by Rs 203, or 0.70%, to Rs 28,700 per 10 grams in business turnover of 452 lots. TRADING STRATEGY: BUY SILVER ABOVE 44750 TGTS 44950/45250 SL 44350 SELL SILVER BELOW 44100 TGTS 43900/43600SL 44450 GOLD MCX Gold edged up today following a recovery in global prices. The South African miners strike continues and bargain hunting emerged in the yellow metal after losses in last session. COMEX Gold eased from its tow month highs as profit selling tricked in following the improving US consumer confidence and rising equities. The overall sentiments in global markets were steady today and the US dollar gained to a one week high of 1.3640 against the Euro ahead of the Fed decision later on today. Investors were also getting nervous ahead of a policy announcement from the Federal Reserve. The metal did manage to post good gains today and currently trades at $1260.20, up nearly 10 dollars per ounce on the day. MCX Gold futures rose above Rs 29600 levels and currently trade at the same mark with a gain of Rs 79 per 10 grams. TRADING STRATEGY: BUY GOLD ABOVE 29880 TGTS 29960/30060 SL 29760 SELL GOLD BELOW 29600 TGTS 29520/29420 SL 29720 YOUR MINTVISORY Markets are expecting some action from India in near term on its gold import duties. The Reserve Bank of India (RBI) has said current account deficit (CAD) in this financial year is expected to decline to below 2.5% of GDP from 4.8% a year ago. The bank has stated that resumption in portfolio flows and pick up in FDI and External Commercial Borrowing (ECB) should help finance the CAD comfortably. The deficit was at 4.9% in Q1 and came down to 1.2% in Q2. The Union government raised the customs duty on gold in phases from 4% to 10% in 2013 to check CAD Call us at +91-731-6642300
  5. 5. DAILY REPORT 30st JANUARY. 2014 NCDEX RECOMMENDATIONS CASTORSEED NCDEX INDICES Index Value % Change Castor Seed 4136 0.71 Chana 2946 -0.51 Coriander 8460 1.68 Cotton Seed Oilcake 1549 0.85 12390 -0.30 Maize– Feed/Industrial Grade 1200 0.25 Mustard seed 3367 0.09 Soy Bean 3844.5 0.26 Turmeric 7372 3.02 Jeera BUY CASTORSEED FEB ABOVE 4150 TGTS 4180,4230 SL 4100 SELL CASTORSEED FEB BELOW 4080 TGTS 4050,4000 SL 4130 DHANIYA NCDEX ROUNDUP Coriander prices rose by 1.17% to Rs 8,417 per quintal in futures trade today as speculators enlarged their positions supported by rising demand in the spot markets amid limited stocks. At the National Commodity and Derivative Exchange, coriander for February delivery gained Rs 97, or 1.17%, to Rs 8,417 per quintal with an open interest of 34,320 lots. Similarly, the spice for delivery in April traded higher by Rs 65, or 0.71%, to Rs 9,255 per quintal, with an open interest of 23,080 lots. Potato prices moved up by Rs 6.30 to Rs 1,097.10 per quintal in futures trade today on increased spot demand against restricted arrivals. At the Multi Commodity Exchange, potato for delivery in April rose by Rs 6.30, or 0.57%, to Rs 1,097.10 per quintal, with trading volume of 50 lots. Potato for delivery in March also moved up by Rs 5.10, or 0.47%, to Rs 1,068.20 per quintal with a trade volume of 67 lots BUY DHANIYA FEB ABOVE 8495 TGTS 8525,8575 SL 8445 SELL DHANIYA FEB BELOW 8390 TGTS 8360,8310 SL 8440 YOUR MINTVISORY Chana prices fell by 0.86% to Rs 3,130 per quintal in futures trade today after participants trimmed positions due to weak spot demand. At the National Commodity and Derivative Exchange, chana for April delivery eased by Rs 27, or 0.86%, to Rs 3,130 per quintal, with an open interest for 68,400 lots. Similarly, chana for February delivery fell by Rs 23, or 0.78%, to Rs 2,938 per quintal . Call us at +91-731-6642300
  6. 6. DAILY REPORT 30st JANUARY. 2014 CURRENCY RBI Reference Rate Currency Rate Currency Rupee- $ 62.2005 Yen-100 Euro 84.9640 GBP EUR/INR BUY EUR/INR ABOVE 86.06 TGTS 86.20, 86.34 SL 85.76. SELL EUR/INR BELOW 85.41 TGTS 85.27, 85.12 SL 85.71. GBP/INR Rate 60.2200 103.1160 CURRENCY ROUNDUP The yen snapped a two-day slide versus the dollar as steps by Turkey’s central bank to stem a selloff in the lira failed to support the currencies of other emerging-market nations, boosting the appeal of haven assets. The Swiss franc erased a drop against the dollar before the Federal Reserve ends a policy meeting amid economist forecasts it will reduce stimulus. The lira pared an advance, even after Turkish policy makers doubled the main interest rate at an emergency late-night meeting in Ankara. South Africa’s rand weakened, while the Australian dollar and Russian ruble erased gains of at least 0.5 percent versus the dollar. There was a sense that Turkey, by hiking interest rates, had resolved the lira pressure and by extension would provide comfort to other emerging markets,” a currency strategist at HSBC Holdings Plc in London. “But now the market is a little twitchy that there are still grounds to be nervous regarding emerging markets, which is creating volatility and a fresh bid for the yen.”The yen strengthened 0.2 percent to 102.69 per dollar at 6:59 a.m. New York time having fallen as much as 0.5 percent. It gained 0.3 percent to 140.29 per euro, after declining 0.4 percent. The dollar was at $1.3662 against the shared currency from $1.3671 yesterday. The greenback moved off earlier lows and traded mixed against most major currencies on Wednesday after the Federal Reserve said it was cutting USD10 billion from its USD75 billion monthly bond-buying program. In U.S. trading on Wednesday, EUR/USD was down 0.10% at 1.3657. The Federal Reserve on Wednesday left its benchmark lending target, the fed funds rate, unchanged at 0.00%-0.25% and trimmed USD10 billion from its USD75 billion monthly assetpurchasing program in place to spur recovery. BUY GBP/INR ABOVE 104.26 TGTS 104.40, 104.55 SL 103.96. SELL GBP/INR BELOW 103.56 TGTS 103.41, 103.25 SL 103.86. YOUR MINTVISORY The Fed is now purchasing USD65 billion in Treasury holdings and mortgage debt a month to help make broader financial conditions more accommodative in order to strengthen recovery. Call us at +91-731-6642300
  7. 7. DAILY REPORT 30st JANUARY. 2014 CALL REPORT PERFORMANCE UPDATES Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 29/01/14 MCX GOLD FEB. BUY 29850 29930-30030 29730 NOT EXECUTED 29/01/14 MCX GOLD FEB. SELL 29650 29570-29470 29760 SL TRIGGERED 29/01/14 MCX SILVER MAR. BUY 45520 45720-46020 45180 NOT EXECUTED 29/01/14 MCX SILVER MAR. SELL 44900 44700-44400 45260 BOOKED FULL PROFIT 29/01/14 NCDEX CASTOR SEED FEB. BUY 4155 4185-4245 4105 NOT EXECUTED 29/01/14 NCDEX CASTOR SEED FEB. SELL 4080 4050-4000 4130 BOOKED PROFIT 29/01/14 NCDEX DHANIYA FEB. BUY 8370 8400-8450 8320 BOOKED FULL POFIT 29/01/14 NCDEX DHANIYA FEB SELL 8235 8205-8155 8285 NOT EXECUTED 29/01/14 EUR/INR JAN. SELL 85.25 85.12-84.98 85.55 BOOKED PROFIT 29/01/14 EUR/INR JAN. BUY 85.98 86.12-86.28 85.68 NOT EXECUTED 29/01/14 JPY/INR JAN. SELL 60.58 60.44-60.29 60.87 NOT EXECUTED 29/01/14 JPY/INR JAN. BUY 61.26 61.39-61.53 60.97 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 29/01/14 NIFTY FUTURE SELL 6140 6100-6060 6180 NOT EXECUTED 29/01/14 TATAGLOBAL FUTURE SELL 139 136-132 144 NOT EXECUTED 29/01/14 MARUTI FUTURE SELL 1550 1505-1450 1630 NOT EXECUTED 29/01/14 GLENMARPHARMA CASH BUY 550 580-585 560 CALL OPEN 20/01/14 BJAAJ AUTO FUTURE BUY 1950 1900-2040 1890 CALL OPEN YOUR MINTVISORY Call us at +91-731-6642300
  8. 8. DAILY REPORT 30st JANUARY. 2014 ECONOMIC CALENDAR NEXT WEEK'S U.S. ECONOMIC REPORTS TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS MONDAY, JAN. 27 10 am New home sales Dec. 469,000 464,000 TUESDAY, JAN. 28 8:30 am Durable good orders Dec. 1.5% 3.4% 10 am Consumer confidence index Jan. 77.9 78.1 N/A N/A 3.0% 4.1% WEDNESDAY, JAN,29 NONE SCHEDULED THURSDAY, JAN. 30 8:30 am Weekly jobless claims 1/25 8:30 am GDP 1Q FRIDAY ,JAN 31 8:30 am Employment cost index 1Q 0.5% 0.4% 8:30 am Personal income Dec. 0.2% 0.2% 8:30 am Consumer spending Dec. 0.2% 0.5% 9:45 am Chicago PMI Jan. 61.2 60.8 9:55 am UMich consumer sentiment index Jan. 83.0 82.5 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 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. YOUR MINTVISORY Call us at +91-731-6642300

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