Stock market special report by epic research 25th august 2014


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

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Stock market special report by epic research 25th august 2014

  1. 1. DAILY REPORT 25 th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance European shares dipped 0.27 percent after the Russian convoy of aid trucks entered eastern Ukraine without Kiev's permission and hurt by a ratcheting-up of tensions in Ukraine, although traders said a dovish tone in a speech by U.S. Federal Reserve Chair Janet Yellen limited losses. The MSCI world equity index, which tracks shares in 45 nations, was down 0.29 percent.. But the FTSEurofirst, which fell as much as 0.7 percent in a choppy day of trade, managed to recover some of its poise to end the session down 0.3 per- cent at 1,351.38 points. The Hang Seng Index rose 0.2 percent to 25,159.76 points, its best close since May 2008. The China Enterprises index of the leading offshore Chinese listings in Hong Kong was down 0.4 percent. Wall Street Wall Street and other stock markets paused on Friday, halt- ing the week's strong gains, as worsening Ukraine tensions dogged trading, while the dollar rose after Federal Reserve Chair Janet Yellen said policymakers eyeing interest rate hikes need to move cautiously. The Dow Jones industrial average fell 38.27 points, or 0.22 percent, to 17,001.22, the S&P 500 lost 3.97 points, or 0.2 percent, to 1,988.40, and the Nasdaq Composite added 6.45 points, or 0.14 percent, to 4,538.55. Previous day Roundup The market ended on a historic high. The Sensex is up 59.44 points at 26419.55 anad the Nifty up 28.85 points or 0.37% at 7919.95. About 1478 shares advanced, 1538 shares declined and 119 shares are unchanged. SBI, HDFC Bank were up 2 percent. Hindalco, Infosys and Wipro were up 1 percent. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down 15.79pts], Capital Goods [up 23.32pts], PSU [down 14.67pts], FMCG [down 36.78pts], Auto [up 13.62 pts], Healthcare [up 16.81pts], IT [up 159.70Pts], Metals [up 17.75pts], TECK [up 53.42pts], Oil& Gas [down 7.64pts], Power [down 7.46pts], Realty [down 15.05pts]. World Indices Index Value % Change D J l 17001.22 -0.22 S&P 500 1988.40 -0.20 NASDAQ 4538.55 +0.14 EURO STO 3098.50 -0.83 FTSE 100 6775.25 -0.04 Nikkei 225 15539.19 -0.30 Hong Kong 25112.23 +0.47 Top Gainers Company CMP Change % Chg TECHM 2,318.90 82.65 3.70 HCLTECH 1,594.00 38.45 2.47 SBIN 2,526.10 58.55 2.37 HINDALCO 181.95 4.05 2.28 BANKBARODA 919.90 18.50 2.05 Top Losers Company CMP Change % Chg BPCL 671.65 13.75 -2.01 COALINDIA 357.50 6.70 -1.84 HDFC 1,045.00 19.40 -1.82 BHARTIARTL 365.35 5.75 -1.55 POWERGRID 134.45 2.00 -1.47 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg AUROPHARMA 813.90 4.50 +0.56 BPCL 671.65 13.75 -2.01 CIPLA 498.5 5.65 +1.15 KOTAK BANK 1034.75 16.15 +1.59 LUPIN 1250.60 12.90 +1.04 Indian Indices Company CMP Change % Chg NIFTY 7913.20 +22.10 +0.28 SENSEX 26419.55 +59.44 +0.23 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg
  2. 2. DAILY REPORT 25 th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. RELIANCE CAPITAL FUTURE RELCAP FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 575 levels. We advise buying around 570-575 levels with strict stop loss of 560 for the targets of 590-600 levels. 2. HCL TECH FUTURE HCL TECH FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 1600 levels. We advise buying around 1590-1600 levels with strict stop loss of 1560 for the targets of 1620-1640 Levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. IGARASHI MOTORS IGARASHI MOTORS at 52 week high. We advise buying around 301-302 level with strict stop loss 295 for the tar- gets of 308-314 MACRO NEWS NSE, BSE to exclude USL from F&O segment Showing robust interest among foreign investors, an auc- tion of government bonds attracted bids worth Rs 3,640 crore, higher than the amount of such securities on offer at Rs 3,208 crore. The auction was held for overseas in- vestors at BSE's ebidxchange for government debt securi- ties. PACL Ltd ran a collective investment scheme, mobilising about Rs 50,000 crore, the Sebi has asked the company to refund investors and wind up operations. BSE's 53 scrips moving from T group to B group effective today, NSE moves 10 scrips - Westlife Development - Se- quent Scientific - Shiv-Vani Oil and Gas Exploration Ser- vices - Atlanta Infrastructure and Finance 11 scrips to be transferred to T group effective today - Twilight Litaka Pharma - Arvind International - Compact Disc India - Tutis Technologies. Oil Ministry says -Secretaries panel formed on gas price revision. Infosys grants 22,794 restricted stock units to CEO.
  3. 3. DAILY REPORT 25 th AUGUST 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 7,900 32.1 4,60,621 47,83,200 NIFTY PE 7,800 10.4 3,94,388 71,01,300 NIFTY PE 7,700 4.7 1,64,288 69,65,500 BANKNIFTY PE 15,500 32 49,288 3,30,175 SBIN PE 2,500 18 10,236 2,27,375 MCDOWELL-N PE 2,300 10.2 6,079 2,13,000 RELIANCE PE 1,000 7.75 1,741 6,53,500 SBIN PE 2,450 6.4 4,172 1,20,375 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,900 67 4,72,606 49,83,750 NIFTY CE 8,000 20.55 4,72,258 90,50,750 NIFTY CE 8,100 3.75 1,34,219 45,40,950 BANKNIFTY CE 16,000 67.5 96,300 5,37,075 SBIN CE 2,550 18.5 10,223 2,39,500 MCDOWELL-N CE 2,400 39 8,872 2,47,625 TCS CE 2,500 15 4,217 3,76,750 INFY CE 3,600 33.45 3,859 2,22,000 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 47675 1888.99 36390 1440.44 299442 11870.96 448.55 INDEX OPTIONS 267679 10524.60 257692 10138.41 1749778 69230.11 386.19 STOCK FUTURES 116795 4288.10 109688 3991.54 1384764 50820.31 296.56 STOCK OPTIONS 69238 2610.21 72340 2717.31 87114 3276.81 -107.09 TOTAL 1024.20 INDICES R2 R1 PIVOT S1 S2 NIFTY 7,943.10 7,928.15 7,914.10 7,899.15 7,885.10 BANK NIFTY 15,962.58 15,890.87 15,793.58 15,721.87 15,624.58 STOCKS IN NEWS SAT asks FTIL to move Sebi with deadline extension plea. Asian paint’s subsidiary Berger International, Singa- pore plans setting up manufacturing facility in Indone- sia. HDFC Bank sends fresh petition to government to up FII investment limit. Gujarat State Fertilizers & Chemicals Ammonia-IV plant to shutdown for 12 days from August 24. NIFTY FUTURE Nifty Future closed upside in the last trading session. Market trend is consolidate. We advise buying above 7940 tgt 7990-8040
  4. 4. DAILY REPORT 25 th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY MCX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER SEP ABOVE 42350 TGTS 42600,42890 SL 42000 SELL SILVER SEP BELOW 41800 TGTS 41500,41000 SL 42200 GOLD TRADING STRATEGY: BUY GOLD OCT ABOVE 27880 TGTS 27960,28100 SL 27760 SELL GOLD OCT BELOW 27700 TGTS 27600,27520 SL 27800 COMMODITY ROUNDUP Gold declined in early Thursday trade at Zaveri Bazaar here, following a trend in markets abroad as the yellow metal went down on an indication of a strengthening American economy. Spot gold rose 0.22 percent to $1,280 an ounce, after losing 1.3 percent on Thursday as rate rise expecta- tions sent it plowing through key support levels to a two- month low. Silver prices fell by Rs 211 to Rs 42,130 per kg in futures trade yesterday as speculators engaged in reducing posi- tions largely in tune with a weakening trend overseas. At MCX, silver for delivery in September traded lower by Rs 211, or 0.50%, to Rs 42,130 per kg in a business turnover of 331 lots. Similarly, the white metal for delivery in far-month December declined by Rs 181, or 0.42%, to Rs 42,897 per kg in a business volume of 35 lots. In the international market, silver fell 0.41% to USD 19.37 an ounce in Singapore. A sub- dued trend in the global markets as minutes of the Federal Reserve's last meeting signalled that policy makers may in- crease borrowing costs earlier than expected amid strengthening dollar, reducing appeal of precious metals, put pressure on silver futures here. Zinc futures edged up by 0.21 per cent to Rs 143.10 per kg today as speculators enlarged positions amid positive cues from global markets and rising domestic demand. At the Multi Commodity Exchange, zinc for delivery in September was up by 30 paise, or 0.21 per cent, to Rs 143.10 per kg with a business turnover of nine lots. The August contract rose by 25 paise, or 0.18 per cent, to Rs 142.85 per kg with a business turnover of 118 lots. Besides improved demand in the spot market, strength in base metals overseas, sup- ported the upside in zinc prices at futures trade. Copper futures fell 0.35% to Rs 432.45 per kg today as speculators trimmed positions amid a weak trend in global markets. At MCX copper for delivery in November declined by Rs 1.50, or 0.35%, to Rs 432.45 per kg in a business turn- over of eight lots. The metal for delivery in August fell by Rs 1.25, or 0.29%, to Rs 423.80 per kg in a business volume of 161 lots. A weakening trend in base metals at LME on worse-than-expected manufacturing data from China, the biggest consumer, mainly put pressure on copper prices at futures trade here. Globally, copper for delivery in three- months traded 0.2% lower at $6,995 per tonne at the LME.
  5. 5. DAILY REPORT 25 th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA SEP ABOVE 11905 TGTS 11935,11985 SL 11855 SELL DHANIYA SEP BELOW 11810 TGTS 11780,11730 SL 11860 GUARGUM BUY GUARGUM OCT ABOVE 17730 TGTS 17780,17880 SL 17640 SELL GUARGUM OCT BELOW 17400 TGTS 17350,17250 SL 17490 NCDEX NCDEX INDICES Index Value % Change Castor Seed 4208 -1.36 Chana 2892 -1.47 Coriander 11825 -1.00 Cotton Seed Oilcake 1791 -0.89 Guarseed 6219 -4.00 Jeera 11190 -0.71 Mustard seed 3496 +1.39 Soy Bean 3414 +0.12 Sugar M Grade 3045 +0.23 Turmeric 6598 -1.40 NCDEX ROUNDUP The Union finance ministry on Friday announced a rise in the import duty on sugar. Through a notification dated Au- gust 21, the duty on raw and refined sugar was increased from 15% to 25%. After sugar mills had demanded increase in the duty in June, Food Minister announced a package for the sector, including raising the duty to 40%. But that deci- sion has been pending. Sugar prices in the global market have been declining through the past two months. On June 26, the ICE benchmark sugar was quoted at $18.73 a pound, against the current $16.02 a pound, a fall of 14.5%. Groundnut export has seen significant rise during April-July 2014 owing to increased demand from West Asian coun- tries. Export of groundnut during these four months rose by about 50%, Guar gum prices declined by Rs 470 to Rs 17,650 per quintal as speculators trimmed positions in tune with weak export and domestic spot demand. Participants offloaded positions amid weak cues from global markets. Besides, increased supply of guarseed from growing belts amid slackness in demand of guar gum at physical markets too weighed on prices, they added. At NCDEX guar gum prices for October contract slipped by Rs 470, or 2.59 per cent, to Rs 17,650 per quintal, with an open interest of 12,637 lots. The Nov. contract dropped by the same margin of Rs 470, or 2.57%, to Rs 17,850 per quintal, having an open interest of 570 lots.
  6. 6. DAILY REPORT 25 th AUGUST 2014 YOUR MINTVISORY Call us at +91-731-6642300 USD/INR BUY USD-INR ABOVE 60.70 TGT 60.90,61.10 SL 60.40 SELL USD-INR BELOW 60.30 TGT SL 60 GBP/INR SELL GBP-INR BELOW 100.10 TGT 99.90,99.60 SL 100.40 BUY GBP-INR ABOVE 100.50 TGT 100.70,101 SL 100.20 CURRENCY ROUNDUP The Indian rupee rose on Friday, after earlier hitting a three- week high against the dollar, on continued strong buying of debt and shares by foreign investors, while gains in emerg- ing market currencies also contributed to the improved sen- timent. The rupee was also helped after Bloomberg quoted an analyst at Standard & Poor's calling the Indian govern- ment's target to lower the fiscal deficit a positive for the country's ratings, helping the currency rise to a session's high. The rupee put on 0.5% for the week, a third straight week of gains, as foreign funds turned active buyers of In- dian assets, especially debt, despite lingering concerns in global markets including the prospect of earlier-than- expected U.S. rate hikes. FII bought debt worth $2.65 billion on Wednesday alone, which some traders called the biggest single-day buying on record. That took total inflows into the debt and sharemar- ket so far in 2014 to about $29 billion. The partially con- vertible rupee closed at 60.4650/4750 per dollar compared with 60.67/68 in the previous session. The unit rose to 60.3750, its strongest level since July 31. Most other Asian currencies also rose as the dollar rally lost steam ahead of Yellen's speech, adding to positive senti- ment for the rupee. Broader gains were, however, capped on the back of some dollar demand from oil importers at 60.40 levels, In the offshore non-deliverable forwards, the one-month contract was at 60.76, while the three-month was at 61.33. Benchmark 10-year U.S. Treasuries ended up 2/32 of a point in price to yield 2.40 percent. The 30-year Treasury traded up 22/32 of a point in price to yield 3.15 percent and bene- fited from Europe's weakness, geopolitical concerns and views that U.S. growth is as robust as thought. The U.S. dollar index, which values the greenback against a basket of a half dozen major currencies, was up 0.2 percent at 82.310 after setting a 2014 high of 82.456. The euro was off 0.35 percent against the dollar at $1.323. RBI Reference Rate Currency Rate Currency Rate Rupee- $ 60.4360 Yen-100 58.2900 Euro 80.3535 GBP 100.2391
  7. 7. DAILY REPORT 25 th AUGUST 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 22/08/14 MCX GOLD OCT. BUY 27870 27950-28050 27780 SL TRIGGERED 22/08/14 MCX GOLD OCT. SELL 27700 27620-27520 27800 NOT EXECUTED 22/08/14 MCX SILVER SEP. BUY 42190 42390-42690 41900 SL TRIGGERED 22/08/14 MCX SILVER SEP. SELL 41900 41700-41400 42200 NO PROFIT NO LOSS 22/08/14 NCDEX GUARGUM AUG. BUY 18300 18350-18450 18210 NOT EXECUTED 22/08/14 NCDEX GUARGUM AUG. SELL 17915 17885-17835 17965 BOOKED FULL PROFIT 22/08/14 NCDEX DHANIYA AUG. BUY 12030 12060-12100 11980 NOT EXECUTED 22/08/14 NCDEX DHANIYA AUG. SELL 10910 10880-10830 10960 BOOKED FULL PROFIT 22/08/14 USD/INR JULY BUY 60.82 61.02-61.32 60.55 NOT EXECUTED 22/08/14 USD/INR JULY SELL 60.40 60.20-59.90 60.67 SL TRIGGERED 22/08/14 GBP/INR JULY SELL 100.40 100.20-100 100.67 BOOKED PROFIT 22/08/14 GBP/INR JULY BUY 101 101.2-101.5 100.73 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 22/08/14 NIFTY FUTURE BUY 7940 7990-8040 7890 NOT EXECUTED 22/08/14 UNION BANK FUTURE BUY 221 229-238 208 NO PROFIT NO LOSS 22/08/14 IOC FUTURE BUY 372 278-384 362 SL TRIGGERED 22/08/14 GITANJALI CASH BUY 74.25 75.75-77.25 72.75 SL TRIGGERED 21/08/14 NIFTY FUTURE BUY 7925 7975-8025 7875 CALL OPEN
  8. 8. DAILY REPORT 25 th AUGUST 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, AUG. 25 8:30 AM CHICAGO FED NATIONAL ACTIVITY INDEX JULY -- 0.13 (3-MONTH) 10 AM NEW HOME SALES JULY 430,000 406,000 TUESDAY, AUG. 26 8:30 AM DURABLE GOODS ORDERS JULY 12.6% 1.7% 8:30 AM CORE CAPITAL EQUIPMENT ORDERS JULY -- 3.3% 9 AM CASE-SHILLER HOME PRICES JUNE -- 9.3% Y-O-Y 9 AM FHFA HOME PRICES JUNE -- 5.6% Y-O-Y 10 AM CONSUMER CONFIDENCE INDEX AUG. 88.5 90.9 WEDNESDAY, AUG. 27 NONE SCHEDULED THURSDAY, AUG. 28 8:30 AM WEEKLY JOBLESS CLAIMS AUG. 23 301,000 298,000 8:30 AM GDP REVISION Q2 3.9% 4.0% 10 AM PENDING HOME SALES JULY -- -1.1% FRIDAY, AUG. 29 8:30 AM PERSONAL INCOME JULY 0.3% 0.4% 8:30 AM CONSUMER SPENDING JULY 0.1% 0.4% 8:30 AM CORE PCE PRICE INDEX JULY -- 0.1% 9;45 AM CHICAGO PMI AUG. 57.5 52.6 9:55 AM UMICH CONSUMER SENTIMENT INDEX AUG. 80.1 79.2