Stock market special report by epic research 1 april 2014


Published on

Get exclusive stock futures tips, intraday stock future tips on Indian derivatives market. Epic Research is a leading stock futures recommendation provider in indian market. Call- 07316642300

Published in: Economy & Finance, Business
  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Stock market special report by epic research 1 april 2014

  1. 1. DAILY REPORT 01st APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance US stocks rose on Monday, with the S&P 500 ending both March and the first quarter of 2014 with moderate gains, after Federal Reserve Chair Janet Yellen relieved concerns about a rate hike coming earlier than expected. Asian shares were mixed in subdued trade on Tuesday as in- vestors digested two key gauges of Chinese manufacturing activity. Yearly Roundup of Indian Markets In FY14, the Nifty has rallied 17.5%and the S&P BSE Sensex surged 18.7%. The top sectoral gainers included S&P BSE Auto (up 33.9%), S&P BSE Capital Goods (up 31%), S&P BSE IT (up 28%) and S&P BSE Healthcare (up 25%). The BSE Realty (21.5%) the S&P BSE Consumer Durables (8.3%) and S&P BSE PSU (2.2%) were the only FY14 losers. HCL Tech (up 75%), Tech Mahindra (up 69.5%), Hindalco (up 54.7%), Maruti (up 54%), Lupin (up 49%), Tata Motors (up 48%) and Hero Moto- Corp (up 47%) were the top FY14 gainers on the Nifty Index. FY14 Nifty losers included DLF(25%), JSPL (16%), IDFC (up 15%), NTPC (14.7%) and Tata Power (up 9%). The S&P BSE Mid -cap was up 13.9%and the S&P BSE Smallcap gained 19.1%in FY14. The foreign FII bought shares worth Rs 1,362.87 crore while domestic institutional investors were net sellers worth Rs 208.34 crore on Friday as per the provisional data from NSE. Previous day Roundup The markets didn't make much gains yesterday, but they did hit new highs. Indian shares edged up on Monday, hitting a sixth consecutive record high and posting their best monthly gain since Oct, as strong foreign buying sparked a rally in blue- chips, especially those dependant on the domestic economy. The NSE 's 6.81% gain in March was its best performance since a 9.8% gain in Oct. For the quarter, the rose 6.35%, a second consecutive rise since its 9.9% gain in the Oct-Dec. period. The Sensex made a fresh intraday high of 22,467; while the Nifty hit 6,730. BSE midcap closed the at at 7,082.86; up 72.57 pts, or 1.04%. The smallcap closed at 7,071.96; up 72.90 points, or 1.04%. The record-setting rally has been sparked by heavy for- eign buying, reaching a provisional $3.2 billion so far this month. It is expected that the opposition BJP would win elec- tions set to conclude by mid-May, given its perception of hav- ing a more market-friendly stance. Index stats The Market was very volatile in yesterday’s session. The sarto- rial indices performed as follow Consumer Durables [up 166.55pts], Capital Goods [down 57.30pts], PSU [down 9.22pts], FMCG [down 44.92pts], Realty [up pts], Power [up pts], Auto [up 137.43pts], Healthcare [up 10.90pts], IT [up 14.97pts], Metals [up 374.83pts], TECK [up 7.19pts], Oil& Gas [up 29.87pts]. World Indices Index Value % Change D J l 16,457.66 +0.82 S&P 500 1,872.34 +0.79 NASDAQ 4,198.99 +1.04 EURO STO 3,161.60 -0.34 FTSE 100 6,598.37 -0.26 Nikkei 225 14,785.67 -0.28 Hong Kong 23,372.06 +1.00 Top Gainers Company CMP Change % Chg PNB 760.00 55.00 +7.80 BANKBARODA 739.95 44.40 +6.38 TATAPOWER 86.75 4.00 +4.83 HINDALCO 131.10 5.70 +4.55 ULTRACEMCO 2,147.00 88.25 +4.29 Top Losers Company CMP Change % Chg CAIRN 330.50 3.65 -1.09 ONGC 327.55 3.45 -1.04 ITC 358.05 1.85 -0.51 TECHM 1,825.00 8.45 -0.46 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg ACC 1,358.00 44.90 +3.42 BFUTILITIE 648.00 5.70 +0.89 CASTROL INDIA 311.00 13.30 +4.47 CENTURYTEX 364.00 7.60 +2.13 Indian Indices Company CMP Change % Chg NIFTY 6695.90 54.15 +0.82 SENSEX 22,339.97 125.60 +0.57 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg HINDNATGLS 143.00 4.05 -2.75 KOTHARIPRO 234.95 0.00 0.00 - -
  2. 2. DAILY REPORT 01st APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. JINDAL STEEL JINDAL STEEL FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 300 levels. We advise buying above 300 levels with strict stoploss 290 for the targets of 310-320 levels. 2. ICICI BANK ICICI BANK FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 1250 levels. We advise selling around 1260-1250 lev- els with strict stop loss 1280 for the targets of 1225-1200 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. BGR ENERGY BGR ENERGY SYSTEMS LTD is looking strong on charts. We advise buying around 130-135 levels with strict stop loss of 122 for the targets of 142-148 levels. MACRO NEWS Despite inflation level dipping consistently, RBI is widely expected to maintain a status quo on key rates in its monetary policy review on Arpil 1 (today). Private equity fund India Agribusiness Fund is investing Rs 75 crore in Bangalore-based Beloorbayir Biotech, which supplies key ingredients to global nutraceutical, food, bev- erage and pharmaceutical makers. RBI recent delay of Basel III implementation offers Indian banks' more time to meet the minimum capital require- ments, Fitch Ratings says. This could particularly benefit some state-owned banks facing capital pressure. More importantly, banks would get some crucial breathing space from the lower 5.5 percent pre-specified capital trigger on additional Tier 1 (AT1) securities until FY19 when it reverts to 6.125%. The headroom of 0.625% will be particularly helpful for mid-sized state-owned banks where capital buffers are particularly challenged. India’s Currency market is closed for local holiday. SC appoints Australian judge to preside over arbitration between Reliance Industries & oil ministry. Telecom Regulatory Authority of India -Notifies 27.5 per- cent hike in tariff ceilings for cable TV system.
  3. 3. DAILY REPORT 01st APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 FUTURE & OPTION MOST ACTIVE PUT OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts ) Open Interest NIFTY PE 6,600 60.5 1,89,495 36,53,000 NIFTY PE 6,700 93.1 1,80,326 28,93,900 NIFTY PE 6,500 38 1,19,529 38,48,050 BANKNIFTY PE 12,500 258 9,962 1,87,900 SBIN PE 1,800 25.75 2,736 1,70,000 RELIANCE PE 900 14.25 2,031 2,26,750 HINDALCO PE 130 2.55 1,309 10,32,000 UNITECH PE 12 0.35 1,129 62,16,000 MOST ACTIVE CALL OPTION Symbol Option Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 6,800 86 1,85,545 26,68,150 NIFTY CE 6,700 139.5 1,30,597 37,91,950 NIFTY CE 7,000 24.65 1,19,892 24,86,100 BANKNIFTY CE 13,500 146 20,028 1,90,375 SBIN CE 2,000 45.3 5,962 4,65,375 RELIANCE CE 15 0.7 4,372 1,50,84,000 RCOM CE 940 34.45 4,110 5,29,750 ICICIBANK CE 400 15.6 2,793 9,00,000 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 45064 1512.68 50400 1689.82 387783 12993.10 -177.13 INDEX OPTIONS 256572 8380.09 256298 8391.33 1216162 40715.68 -11.24 STOCK FUTURES 104588 3670.71 100354 3591.06 1058448 36193.48 79.65 STOCK OPTIONS 41985 1422.64 43853 1483.67 29485 1030.67 -61.03 TOTAL -169.75 INDICES R2 R1 PIVOT S1 S2 NIFTY 6631.23 6667.71 6698.88 6735.36 6766.53 BANK NIFTY 12547.84 12644.95 12757.15 12854.25 12966.45 STOCKS IN NEWS India's Reliance Industries' April export volumes seen lower. Larsen and Toubro bags orders worth Rs 1,009 crore in March. Reliance Jio to offer high-speed data, voice services using 4G technology. Vedanta group: Anil Agarwal to be Chairman Emeritus of Sesa Sterlite. IOC cuts petrol prices by 75 paise per litre. NIFTY FUTURE Nifty Future closed in the red in the last trading session. We advise selling around 6780-6800 levels with strict stop loss of 6825 for the targets of 6750-6710.
  4. 4. DAILY REPORT 01st APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER(MAY) ABOVE 43200 TGTS 43450/43850 SL BE- LOW 42800 SELL SILVER(MAY) BELOW 42790 TGTS 42540/42140 SL 43200 GOLD TRADING STRATEGY: BUY GOLD(JUN) ABOVE 28230 TGTS 28310/28410 SL 28220 SELL GOLD(JUN) BELOW 28220 TGTS 28140/28040 SL 28330 COMMODITY ROUNDUP Copper prices edged lower on final trading day of the first quarter on Monday, but losses were limited as hopes for fresh economic stimulus in China lent support. On the Comex division of the New York Mercantile Exchange, cop- per for May delivery held in a range between $3.026 a pound and $3.050 a pound, which was the highest level since March 11. Copper last traded at $3.031 a pound dur- ing European morning hours, down 0.34%, or 1.0 cent. Cop- per rallied 1.62%, or 4.8 cents, on Friday to settle at $3.041 a pound. MCX Copper was trading at Rs 403.3 per kg, down Rs 1.25. The prices tested a high of Rs 405.45 and a low of Rs 402.95. Gold edged up on value buying lead by weak US dollar ahead of the Chicago manufacturing index, Dallas Fed manufacturing index. Fed Chair Yellen will speak at the Na- tional Interagency Community Reinvestment Conference in Chicago. Gold bounced back after prior day's steep fall on tapering reports from Fed meeting earlier March. COMEX gold June delivery traded at $1,294.50 troy ounce, up $0.20 and Silver May quotes at $19.918, up 0.128 troy ounce. Indian Gold futures recovered after hitting two and half months low triggered by recovery in the international gold futures amid weak rupee for the day. The MCX Gold April contract quotes at Rs 28,867, up Rs 290 per 10 grams. MCX Silver May delivery quotes at Rs 43,239, up Rs 466 per 1 kg, after hitting the contract low last day. Silver prices moved higher on Monday, as the first quarter came to an end, while investors looked ahead to key U.S. data later in the day and a speech from Federal Reserve Chair Janet Yellen for further indications on the future course of monetary policy. On the Comex division of the New York Mercantile Exchange, silver for May delivery rose to a session high of $19.96 a troy ounce, the strongest level since March 26. Sharp dip was witnessed in commodity futures trading vol- ume in 2013-14 with total turn over from April 1 2013- March 15 2014 falling 40% to Rs 98.57 lakh crore against Rs 164.79lakh crore in the corresponding period last fiscal. The impact of commodity transaction tax and over all bear- ish trends in commodities impacted overall trading senti- ments. COMMODITY MCX
  5. 5. DAILY REPORT 01st APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA APR ABOVE 9555 TGTS 9585,9635 SL 9505 SELL DHANIYA APR BELOW 9455 TGTS 9425,9375 SL 9495 GUARSEED BUY GUARSEED APR ABOVE 4750 TGTS 4780,4830 SL 4710 SELL GUARSEED APR BELOW 4710 TGTS 4680,4630 SL 4760 NCDEX NCDEX INDICES Index Value % Change Castor Seed 4138 -0.48 Chana 3272 -0.85 Coriander 9530 +3.99 Cotton Seed Oilcake 1466 -0.81 Jeera 10015 -0.50 Maize– Feed/Industrial Grade 1162 -0.94 Mustard seed 3460 —0.32 Soy Bean 4305.5 -0.21 Turmeric 6300 +0.93 NCDEX ROUNDUP India's cotton production this year is projected to be 376 lakh bales (170 kg each) — 15 lakh bales higher than the earlier estimates — on account of better yields in Andhra Pradesh and Maharashtra, says the Indian Cotton Federa- tion. The cotton year runs from October-September. Attrib- uting the increase in estimates to better yields and quality in the two states. NCDEX, the leading commodity exchange, has announced the launch of the world’s first Bajra contract for the benefit of Indian farmers who contribute close to half of the global supply. NCDEX has ensured ample availability of accredited warehouses at the major Bajra trading centers in Delhi, Ra- jasthan and UP in order to ensure smooth delivery and bet- ter integration with the value chain. Bearish trend continued in guarseed futures from higher levels on the account of strong production estimates in the current year along with strong carryover stocks in local mandies. The NCDEX futures to declined by 0.21% yester- day. As per the latest crop data compiled by team of com-, the total production of guarseed in the current year is estimated at 24 lakh tonnes against 21 lakh tonnes reported in the previous year. The data suggested that the total production of state is likely to be around 15 million tonnes in the current year, up almost 7% from the previous year.
  6. 6. DAILY REPORT 01st APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 CALL REPORT PERFORMANCE UPDATES Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 31/03/14 MCX GOLD APR. BUY 28500 28580-28700 28400 BOOKED FULL PROFIT 31/03/14 MCX GOLD APR. SELL 28250 28170-28050 28350 NOT EXECUTED 31/03/14 MCX SILVER MAY BUY 43300 43550-43900 43000 SL TRIGGERED 31/03/14 MCX SILVER MAY SELL 42400 42150-41800 42700 NOT EXECUTED 31/03/14 NCDEX GUARSEED APR. BUY 4785 4815-4865 4735 BOOKED FULL PROFIT 31/03/14 NCDEX GUARSEED APR. SELL 4720 4690-4640 4770 BOOKED FULL PROFIT 31/03/14 NCDEX DHANIYA APR. BUY 9185 9215-9565 9135 NOT EXECUTED 31/03/14 NCDEX DHANIYA APR. SELL 9110 9080-9030 9160 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 31/03/14 NIFTY FUTURE BUY 6690- 6700 6750-6800 6650 NOT EXECUTED 31/03/14 PFC FUTURE BUY 191-192 195-198 188 NOT EXECUTED 31/03/14 IDFC FUTURE BUY 124-125 128-130 122 SL TRIGGERED 31/03/14 ADANI POWER CASH BUY 45-46 49-54 41 NOT EXECUTED
  7. 7. DAILY REPORT 01st APRIL 2014 YOUR MINTVISORY Call us at +91-731-6642300 NEXT WEEK'S U.S. ECONOMIC REPORTS ECONOMIC CALENDAR The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making invest- ment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular invest- ments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex- pressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Disclaimer TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS MONDAY, MARCH 31 9:45 am Chicago PMI March 59.2 59.8 TUESDAY, APRIL 01 9:45 am Markit PMI March -- 55.5 10 am ISM March 54.0% 53.2% 10 am Construction spending Feb. 0.0% 0.1% TBA Motor vehicle sales March 15.8 mln 15.3 mln WEDNESDAY, APRIL 02 8:15 am ADP employment March -- 139,000 10 am Factory orders Feb. 0.5% -0.7% THURSDAY, APRIL 03 8:30 am Weekly jobless claims 3-22 N/A N/A 8:30 am Trade deficit Feb. -39.4 bln -$39.1 bln 10 am ISM nonmanufacturing March 53.2% 51.6% FRIDAY ,APRIL 04 8:30 am Nonfarm payrolls March 192,000 175,000