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DAILY REPORT
03rd
JUNE 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Nikkei led Asian shares ...
DAILY REPORT
03rd
JUNE 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. ARVIND [FUTURE]
A...
DAILY REPORT
03rd
JUNE 2014
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE PUT OPTION
Symbol Op-
t...
DAILY REPORT
03rd
JUNE 2014
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY MCX
RECOMMENDATIONS
SILVER
TRADING STRATE...
DAILY REPORT
03rd
JUNE 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA JUN ABOVE 9500 ...
DAILY REPORT
03rd
JUNE 2014
YOUR MINTVISORY Call us at +91-731-6642300
JPY/INR
SELL JPY/INR BELOW 58.03 TGTS 57.88, 57.73 ...
DAILY REPORT
03rd
JUNE 2014
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Cur...
DAILY REPORT
03rd
JUNE 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR...
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Stock market special report by epic research 3rd june 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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Stock market special report by epic research 3rd june 2014

  1. 1. DAILY REPORT 03rd JUNE 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Nikkei led Asian shares higher on Tuesday, supported by solid U.S. and Chinese manufacturing data, while the euro dragged its feet near a 3 1/2-month low on expectations of fresh monetary easing by the European Central Bank. Ja- pan's Nikkei .N225 rose 1.0 percent to hit a two-month high while MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat, not far from one- year high hit last week. NSE index futures traded on the Singapore Exchange up 0.32 percent, while the MSCI-Asia Pacific excluding Japan index gains 0.2 percent. Wall Street Update The Dow and the S&P 500 finished at record highs again on Monday after a closely watched read on US manufacturing was revised to show more strength than initially indicated. The Dow Jones industrial average rose 26.46 points or 0.16 percent, to 16,743.63. The S&P 500 gained 1.40 points or 0.07 percent, to 1,924.97. But the Nasdaq Composite dropped 5.42 points or 0.13 percent, to 4,237.20. Previous day Roundup The Sensex on Monday closed 467 points higher on strong FII inflows on optimism that the BJP government would carry out much needed reforms to boost economic growth. Benchmark as well as broader indices rallied 2 per- cent on Monday ahead of RBI policy review. Overseas in- vestors bought Indian shares worth 2.34 billion rupees $39.60 million) on Monday, provisional exchange data show. While the Bombay benchmark index rose 1.93 per cent to close at 24,684 points, NSE's Nifty ended 132 points higher at 7,362 level after rising to 7,255.30 in early trade. After a higher start at 24,308.40, the Sensex rose further to close at 24,684 points, up 1.93 per cent as stocks of capital goods, PSUs, banking, oil and gas, power and auto sectors led the rise. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 128.48pts], Capital Goods [up 725.67pts], PSU [up 275.64 pts], FMCG [down 56.07pts], Realty [up 27.02 pts], Power [up 51.56pts], Auto [up 207.09pts], Healthcare [down 94.56pts], IT [up 2.17ts], Metals [up 229.03pts], TECK [up 29.31pts], Oil& Gas [up 309.30pts]. World Indices Index Value % Change D J l 16743.63 +0.16 S&P 500 1924.97 +0.07 NASDAQ 4237.20 -0.13 EURO STO 3247.80 +0.10 FTSE 100 6864.10 +0.29 Nikkei 225 15049.63 +0.76 Hong Kong 23224.37 +0.62 Top Gainers Company CMP Change % Chg LT 1649.00 103.50 +6.70 BPCL 556.00 34.10 +6.53 BHARTIARTL 363.00 18.90 +5.49 ONGC 397.00 18.85 +4.98 JINDALSTEL 311.95 14.20 +4.77 Top Losers Company CMP Change % Chg HCLTECH 1,385.9 32.65 -2.30 TECHM 1884.00 39.00 -2.03 DRREDDY 2415.00 45.65 -1.86 SUNPHARMA 599.40 11.25 -1.84 ITC 336.60 5.15 -1.51 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg ABAN 744.95 +37.25 +5.26 BHARATFORG 524.8 23.15 +4.61 JINDAL PPOLY 217.00 36.15 +19.99 LT 1649 103.5 +6.70 TATASTEEL 494.7 19.60 +4.13 Indian Indices Company CMP Change % Chg NIFTY 7362.50 +132.55 +1.83 SENSEX 24684.85 +467.51 +1.93 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg BHUSHANSTEEL 413.4 +0.30 +0.18
  2. 2. DAILY REPORT 03rd JUNE 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. ARVIND [FUTURE] ARVIND FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 194 levels. We advise buying around 194-195 levels with strict stop loss 189 for the targets of 199-204 levels. 2.BIOCON [FUTURE] BIOCON FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 450 levels. We advise buying around 445-450 levels with strict stop loss 435 for the targets of 458-470 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. VANARA BANK CANARA BANK trend line break out in daily chart. We ad- vise buying around 444-445 tgt 450 -455 sl 440 MACRO NEWS Country's annual infrastructure sector output growth ac- celerated to 4.2% in April from 2.5% in the previous month, government data showed on Monday. The infra- structure sector, which comprises coal, crude oil, oil refin- ing, natural gas, steel, cement, electricity and fertilisers, accounts for 37.9% of India's industrial output. RBI Credit Policy will be released today around 11:00 AM, It is expected that the central bank will keep policy rates unchanged. The Finance Ministry is considering the option of transferring all PSU banks equity into a holding com- pany. Buoyed by positive sentiment over the formation of a sta- ble govt at Centre, domestic car sales saw an upswing in May with major firms, Maruti Suzuki, Hyundai, Honda and Ford reporting good growth. Yet, others such as M&M, General Motors India and Tata Motors reported decline in their domestic sales during the month. FM Arun Jaitley to meet PSU bank CEOs on June 10. Government today slashed import tariff value on gold and silver to $408 per 10 grams and $617 per kg respectively, in view of weakness in bullion prices globally. In second fortnight of May, tariff value on imported gold stood at $424 per 10 grams and silver at $650 per kg.
  3. 3. DAILY REPORT 03rd JUNE 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 7,200 54 1,70,375 29,97,800 NIFTY PE 7,300 84.5 1,51,151 29,15,400 NIFTY PE 7,000 19.25 1,22,299 40,87,500 BANKNIFTY PE 14,000 72.5 17,658 1,89,025 SBIN PE 2,500 38.1 2,441 1,25,625 LT PE 1,600 36.25 2,282 1,33,000 SBIN PE 2,600 70 2,170 81,750 ICICIBANK PE 1,400 29.5 1,741 2,95,250 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,400 100.2 2,30,539 42,79,750 NIFTY CE 7,300 153.05 2,12,050 27,87,300 NIFTY CE 7,500 59.6 1,95,070 47,94,400 BANKNIFTY CE 16,000 156.15 14,079 1,57,925 SBIN CE 2,700 83 5,639 2,38,125 RELIANCE CE 1,100 30.25 3,381 8,17,750 LT CE 1,700 39.5 3,197 2,07,250 HINDUNILVR CE 600 20 3,026 7,98,000 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 49657 1829.22 40997 1511.26 286723 10636.41 317.95 INDEX OPTIONS 276675 10186.39 243969 8950.39 1292062 47620.31 1236.00 STOCK FUTURES 89032 3312.06 91235 3288.08 1460698 52161.52 23.99 STOCK OPTIONS 47668 1797.16 48806 1832.98 43107 1592.54 -35.82 TOTAL 1542.12 INDICES R2 R1 PIVOT S1 S2 NIFTY 7,452.63 7,407.57 7,323.53 7,278.47 7,194.43 BANK NIFTY 15,678.15 15,482.70 15,126.35 14,930.90 14,574.55 STOCKS IN NEWS Jet fuel price cut by 1.8 pc, non-subsidised LPG by Rs 23.50 Tata Power commissions 25MW solar farm in Ma- harashtra. IndusInd Bank launches Video Branch service for cus- tomers. Reliance Jio Infocomm has moved the Bombay High Court seeking approval for amalgamating its long dis- tance services arm Infotel with itself. NIFTY FUTURE Nifty Future closed upside in the last trading session. We advise buying around 7380 levels with strict stop loss of 7350 or the targets of 7430-7480
  4. 4. DAILY REPORT 03rd JUNE 2014 YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY MCX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER ABOVE 39900 TGT 40100,40400 SL BELOW 39600 SELL SILVER BELOW 39500 TGT 39300,39000 SL ABOVE 39800 GOLD TRADING STRATEGY: BUY GOLD ABOVE 25900 TGT 25980,26080 SL BELOW 26800 SELL GOLD BELOW 25700 TGT 25620,25520 SL ABOVE 26800 COMMODITY ROUNDUP Oil prices were mixed in Asia today as traders took a breather after recent gains, but signs of stronger US gaso- line demand and escalating tensions in Ukraine provided support. US benchmark, West Texas Intermediate (WTI) for delivery in July, was down 21 cents to $103.37 a barrel af- ter rallying 86 cents in Yew York yesterday. Brent North Sea crude for July gained four cents to $110.01 a barrel in mid- morning trade. Gold in Singappore steadied after a five-day losing treak on Tuesday but was still trading near its lowest level in four months as stronger equities dented the metal's investment -hedge appeal. In the past month, gold prices have cor- rected 10 per cent. It is expected once the existing relaxations come into force, more gold will come into the market, which has entered a lean season. Policy changes, expected next month, could further relax import norms. It is widely expected in Budget 2014-15, to be presented in the first half of next month, the import duty on gold will be cut two-three per cent. The cumulative impact of this could be a further dip in prices—- 7-10 per cent—-in the next one or two months. MCX SILVERM August contract was trading at Rs 39815 up Rs 55, or 0.14 percent. The SILVERM rate touched an intra- day high of Rs 40087 and an intraday low of Rs 39610. So far 949 contracts have been traded. SILVERM prices have moved down Rs 7291, or 15.48 percent in the August se- ries. Nickel prices rose 0.23% to Rs 1,147.20 per kg in futures trading yesterday as participants enlarged speculative posi- tions. Besides, rising demand at domestic spot markets from alloy-makers also supported the upside. At the MCX, nickel for delivery in June rose by Rs 2.60, or 0.23%, to Rs 1,147.20 per kg in a business turnover of 972 lots. The metal for delivery in July rose Rs 2.30, or 0.20%, to trade at Rs 1,151.30 per kg in 41 lots. Besides rising domestic de- mand, a firming in base metals at LME, influenced nickel futures. Meanwhile, nickel for delivery in three months climbed 0.40% to $19,328 per tonne at LME.
  5. 5. DAILY REPORT 03rd JUNE 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA JUN ABOVE 9500 TGTS 9530,9580 SL 9450 SELL DHANIYA JUN BELOW 9435 TGTS 9405,9355 SL 9485 GUARSEED BUY GUARSEED JUN BELOW 5095 TGTS 5125,5175 SL 5045 SELL GUARSEED JUN BELOW 5030 TGTS 5000,4950 SL 5080 NCDEX NCDEX INDICES Index Value % Change Castor Seed 3900 -1.02 Chana 2776 -3.21 Coriander 9494 -0.11 Cotton Seed Oilcake 1478 -1.00 Guarseed 5045 -3.72 Jeera 10990 -1.30 Mustard seed 3355 -1.50 Soy Bean 4409 -3.99 Sugar M Grade 2991 -0.20 Turmeric 6074 -2.88 NCDEX ROUNDUP Chana prices dropped 1.50% to Rs 2,895 per quintal in fu- tures trade yesterday as speculators trimmed positions amid weak domestic demand against higher supplies from producing regions. At the NCDEX, chana for delivery in July fell Rs 44, or 1.50%, to Rs 2,895 per quintal with an open interest of 1,08,940 lots. The commodity for delivery in June lost Rs 42, or 1.46%, to Rs 2,826 per quintal in 88,400 lots. Besides subdued demand in the spot market, higher sup- plies from producing regions pulled down chana prices at futures trade. Cardamom futures fell 1.17% to Rs 910 per kg in futures trading yesterday after speculators booked profits at pre- vailing levels amid weak demand in the spot market. Ade- quate stocks position in the physical market on increased arrivals from producing belts also put pressure on carda- mom prices. At the MCX, cardamom for delivery in July fell by Rs 10.80, or 1.17%, to Rs 910 per kg in a business turn- over of 97 lots. Similarly, the spice for delivery in June traded lower by Rs 7.50, or 0.82%, to Rs 905 per kg in 42 lots. Besides profit-taking by speculators at existing level, fall in demand in the spot markets mainly influenced carda- mom prices at futures trade. India's coffee exports increased by 9.32% in value terms at Rs 2,567 crore during the January-May period this year on better realisation in view of firm global prices, according to the Coffee Board.
  6. 6. DAILY REPORT 03rd JUNE 2014 YOUR MINTVISORY Call us at +91-731-6642300 JPY/INR SELL JPY/INR BELOW 58.03 TGTS 57.88, 57.73 SL 58.24. BUY JPY/INR ABOVE 58.44 TGTS 58.59, 58.74 SL 58.23. EUR/INR SELL EUR/INR BELOW 80.69 TGTS 80.54, 80.39 SL 80.90. BUY EUR/INR ABOVE 81.11 TGTS 81.26, 81.41 SL 80.90. CURRENCY ROUNDUP The Indian rupee weakened for a third consecutive session on Monday as caution ahead of the central bank's policy review and dollar demand from oil importers offset the biggest daily gains in domestic shares in three weeks. Investors were focussed on the Reserve Bank of India's monetary policy review on Tuesday which will give an in- sight into its inflation and rates outlook. Currency market participants will also look for any comments on whether restrictions on gold imports will be eased, and on any po- tential measures to lift curbs on proprietary trading in cur- rency futures and options that were imposed in July when the rupee was plumbing record lows. The partially convertible rupee closed at 59.1525/1625 per dollar compared with 59.10/11 on Friday. Large state- owned banks stepped in to buy dollars for oil companies, which offset the impact from the biggest gain in domestic indexes since May 12. The gains came in part after foreign investors purchased shares worth a net 29.77 billion ru- pees ($503.8 million) on Friday, after overseas funds had sold in five of the six sessions until Thursday. In the off- shore non-deliverable forwards, the one-month contract was at 59.44 while the three-month was at 60.02. The dollar hovered at its highest in over three months against a basket of major currencies early on Tuesday, hav- ing risen on the back of upbeat U.S. data and with the euro still in the doldrums. The dollar traded higher against most major currencies on Monday as investors applauded an upbeat U.S. manufacturing gauge despite two revisions to the index that confused markets, while expectations for the European Central Bank to loosen policy also firmed the greenback. In U.S. trading on Monday, EUR/USD was down 0.27% at 1.3597. The European Central Bank will decide on interest rates and monetary policy on Thursday. CURRENCY RBI Reference Rate Currency Rate Currency Rate Rupee- $ 59.1385 Yen-100 58.0100 Euro 80.6285 GBP 99.0215
  7. 7. DAILY REPORT 03rd JUNE 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 02/06/14 MCX GOLD JUNE BUY 27000 27080-27180 26900 NOT EXECUTED 02/06/14 MCX GOLD JUNE SELL 26700 26620-26520 26800 NOT EXECUTED 02/06/14 MCX SILVER JULY BUY 39800 40000-40300 39500 NO PROFIT NO LOSS 02/06/14 MCX SILVER JULY SELL 39500 39300-39000 39800 SL TRIGGERED 02/06/14 NCDEX GUARSEED JUNE BUY 5280 5310-5350 5230 NOT EXECUTED 02/06/14 NCDEX GUARSEED JUNE SELL 5170 5140-5100 5220 BOOKED FULL PROFIT 02/06/14 NCDEX DHANIYA JUNE BUY 9540 9560-9600 9505 SL TRIGGERED 02/06/14 NCDEX DHANIYA JUNE SELL 9450 9430-9400 9485 BOOKED PROFIT 02/06/14 GBP/INR JUNE BUY 99.50 98.77-98.62 99.29 BOOKED PROFIT 02/06/14 GBP/INR JUNE SELL 98.92 98.77-98.62 99.13 NOT EXECUTED 02/06/14 USD/INR JUNE SELL 58.98 58.83-58.68 59.19 NOT EXECUTED 02/06/14 USD/INR JUNE BUY 59.46 59.61-59.76 59.25 NO PROFIT NO LOSS Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 02/06/14 NIFTY FUTURE SELL 7200 7150-7100 7250 NOT EXECUTED 02/06/14 BHEL FUTURE SELL 244-242 235-228 250 SL TRIGGERED 02/06/14 HINDUNILEVER FUTURE BUY 585.590 600-610 570 BOOKED PROFIT 02/06/14 ARVIND CASH SELL 179 175-170 183 NOT EXECUTED 30/05/14 NIFTY FUTURE SELL 7230 7200-7170 7360 SL TRIGGERED 30/05/14 CROMPTON GREAVES FUTURE SELL 180-182 175-170 185 SL TRIGGERED 29/05/14 SAIL FUTURE SELL 92-90 85-82 95 CALL OPEN 26/05/14 EMAMI LTD CASH BUY 464 480-495 450 CALL OPEN
  8. 8. DAILY REPORT 03rd JUNE 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, JUNE 02 9:45 AM MARKIT PMI MAY -- 56.2 10 AM ISM MAY 55.2% 54.9% 10 AM CONSTRUCTION SPENDING APRIL 0.9% 0.2% TUESDAY, JUNE 03 10 AM FACTORY ORDERS APRIL -0.4% 0.9% TBA MOTOR VEHICLE SALES MAY 16.1MLN 16.0 MLN WEDNESDAY, JUNE 04 8:15 AM ADP EMPLOYMENT MAY -- 220,000 8:30 AM TRADE DEFICIT APRIL -$40.4 BLN -$40.1 BLN 8:30 AM PRODUCTIVITY Q1 -2.1% -1.7% 10 AM ISM NONMANUFACTURING MAY 55.4% 55.2% 2 PM BEIGE BOOK THURSDAY, JUNE 05 8:30 AM JOBLESS CLAIMS 5/31 N/A N/A FRIDAY, JUNE 06 8:30 AM NONFARM PAYROLLS MAY 224,000 288,000 8:30 AM UNEMPLOYMENT RATE MAY 6.4% 6.3% 3 PM CONSUMER CREDIT APRIL -- $17.5 BLN

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