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DAILY REPORT
07th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian shares dipped and U...
DAILY REPORT
07th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. PFC [FUTURE]
PFC F...
DAILY REPORT
07th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE PUT OPTION
Symbol Op-
ti...
DAILY REPORT
07th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER(...
DAILY REPORT
07th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA MAY ABOVE 9530 T...
DAILY REPORT
07th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
JPY/INR
BUY JPY/INR ABOVE 59.37 TGTS 59.51, 59.66 SL...
DAILY REPORT
07th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Curr...
DAILY REPORT
07th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
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Stock market special report by epic research 7th may 2014

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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

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Stock market special report by epic research 7th may 2014

  1. 1. DAILY REPORT 07th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Asian shares dipped and Ukraine has so far experienced its deadliest week since the separatist uprising began, leaving less room for peace efforts. MSCI's broadest index of Asia- Pacific shares outside Japan fell 0.1 percent. Japan's Nikkei lost 1.3 percent, tracking Tuesday's fall on Wall Street. European stocks were flat on Tuesday as upbeat outlook statements from chemical groups Solvay and DSM were offset by sharp falls in Barclays and Aberdeen Asset Man- agement after weak results. Shares in Solvay and DSM both rose around 3 percent to be among top FTSEurofirst 300 risers as the former said it expects high single-digit percentage growth in core profit this year and the latter forecast higher earnings in the remainder of 2014. They helped brighten the mood in a mixed earnings season so far in Europe Wall Street Update US stocks fell broadly on Tuesday, closing at session lows, with AIG pulling financial shares lower after disappointing earnings and as a slide in Twitter took down other names in the technology and internet space. Traders also kept an eye on developments in Ukraine, where supporters of Rus- sia and of a united Ukraine are accusing each other of tear- ing the country apart. The former Soviet republic is sliding toward war. The Dow Jones industrial average fell 129.53 points or 0.78 percent, to 16,401.02, the S&P 500 lost 16.94 points or 0.9 percent, to 1,867.72 and the Nasdaq Composite dropped 57.30 points or 1.38 percent, to 4,080.76. Previous day Roundup The market consolidated but the Nifty ended above 6700. The Nifty was up 15.95 points at 6715.30 while the Sensex was up 63.30 points at 22508.42. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 211.62pts], Capital Goods [up 118.40pts], PSU [up 1.26pts], FMCG [up 30.96pts], Realty [down 0.73 pts], Power [down 5.71pts], Auto [up 11.98pts], Healthcare [up 13.06pts], IT [down 45.03pts], Metals [up 6.80pts], TECK [down pts], Oil& Gas [up 106.87pts]. World Indices Index Value % Change D J l 16401.02 -0.78 S&P 500 1,867.72 -0.90 NASDAQ 4,080.76 -1.38 EURO STO 3149.79 -0.68 FTSE 100 6,798.56 -0.35 Nikkei 225 14,124.08 -2.31 Hong Kong 21,776.70 -0.91 Top Gainers Company CMP Change % Chg INDUSINDBK 492.40 12.05 +2.51 ICICIBANK 1278.85 26.40 +2.11 RELIANCE 965.15 18.30 +1.93 LT 1303.00 19.05 +1.48 TATAMOTORS 419.95 5.15 +1.24 Top Losers Company CMP Change % Chg POWERGRID 102.15 2.95 -2.81 AMBUJACEM 198.80 3.75 -1.85 BHARTIARTL 314.50 5.80 -1.81 TATAPOWER 77.60 1.15 -1.46 WIPRO 513.90 6.85 -1.32 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg ATUL LTD 740.00 89.45 +13.75 BAJAJHLDNG 1103.00 11.20 +1.03 DEEPAKFERT 142.00 3.30 +2.38 HINDPETRO 342.25 7.20 +2.15 RECLTD 251.00 5.70 +2.32 Indian Indices Company CMP Change % Chg NIFTY 6,715.30 +15.95 +0.24 SENSEX 22,508.42 +63.30 +0.28 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg ABGSHIP 231.45 3.10 +1.36
  2. 2. DAILY REPORT 07th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. PFC [FUTURE] PFC FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 195 levels. We advise buying around 193-195 levels with strict stop loss 190 for the targets of 199-202. 2. BHARTAT FORGE[FUTURE] BHARAT FORGE FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sus- tains above 420 levels. We advise buying around 420-422 levels with strict stop loss 415 for the targets of 428-432. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1. UNITED BREWERIES UNITED BREWERIES is looking strong on charts. We advise buying around 29-30 levels with strict stop loss of 26 for the targets of 35-38 levels. MACRO NEWS Housing finance lender HDFC Ltd yesterday reported a 10.8 per cent jump in net profit at Rs 1,723.10 crore for the fourth quarter ended March, 2014. The company had a net profit of Rs 1,555.21 crore in the January-March quarter of the previous fiscal, Supreme Court rejects Subrata Roy's bail plea. Vijaya Bank recorded 39.3 percent decline in net profit at Rs 135.84 crore for the fourth quarter ended March, 2014. The bank had a net profit of Rs 224.15 crore in the January-March quarter of 2012-13 fiscal. CERC seeks details of IPO benefits from RPower. Despite the Indian equity market soaring to new highs, retail investors and high net worth individuals (HNI) con- tinue to exit equity mutual funds. According to the data released by AMFI, mutual funds lost 16 lakh retail folios over the past six months ended March 2014. India's economy is expected to gather momentum as in- vestments pick up owing to the combined impact of push by the Cabinet Committee on Investment (CCI) and end of political uncertainty after the ongoing general elections, the Organisation for Economic Cooperation and Develop- ment (OECD) said on Tuesday.
  3. 3. DAILY REPORT 07th MAY 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 6,500 139 40,291 43,33,500 NIFTY PE 6,300 79.8 36,801 25,88,050 NIFTY PE 6,200 59.25 32,527 26,10,150 BANKNIFTY PE 11,500 144 2,791 1,04,525 MCDOWELL-N PE 2,700 13.5 1,674 3,96,375 HDFC PE 900 40 1,114 2,06,000 RELIANCE PE 900 17.6 764 2,13,000 AXISBANK PE 1,500 72 697 1,10,500 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 7,000 134.25 58,315 38,47,300 NIFTY CE 7,200 75.8 54,955 24,19,800 NIFTY CE 6,800 217 46,523 29,47,250 BANKNIFTY CE 13,500 446.9 4,260 2,30,400 MCDOWELL-N CE 2,800 32.5 6,136 4,61,000 RELIANCE CE 1,000 27.25 2,346 9,07,250 HDFC CE 900 23.5 1,954 3,40,500 SBIN CE 2,240 53.7 1,637 2,34,625 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 23539 788.94 36678 1233.37 259298 8700.26 -444.43 INDEX OPTIONS 139789 4809.54 161258 5444.89 1476825 49523.21 -635.35 STOCK FUTURES 59444 1824.72 65669 2019.25 1247201 38171.02 -194.53 STOCK OPTIONS 19205 598.06 18266 573.01 49629 1518.09 25.04 TOTAL -312.32 INDICES R2 R1 PIVOT S1 S2 NIFTY 6,761.77 6,738.53 6,720.22 6,696.98 6,678.67 BANK NIFTY 13,060.65 13,013.35 12,965.25 12,917.95 12,869.85 STOCKS IN NEWS Suzlon bags Rs 720-crore PowerWorks order. Jindal Steel to acquire iron ore mine in W. Africa CIL modifies fuel supply agreement model for new power plants Indian pharma companies face problems in US due to documentation. Opto Circuits to raise up to USD 250 million. Tech M & Infosys eye Bharti Airtel's IT deals worth $1.5bn. Titan reported 11.6% increase in net profit at Rs 206.44 cr for Q4. The company had reported net profit of Rs 184.97 cr in the corresponding quarter a year ago. NIFTY FUTURE Nifty Future closed in the red in the last trading session. We advise buying around 6700-6720 levels with strict stop loss of 6650 for the targets of 6780-6800.
  4. 4. DAILY REPORT 07th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER(JULY) ABOVE 42950 TGTS 43150/43450 SL 42600 SELL SILVER(JULY) BELOW 42400 TGTS 42200/41900 SL 42700 GOLD TRADING STRATEGY: BUY GOLD(JUN) ABOVE 29060 TGTS 29140/29240 SL 28950 SELL GOLD(JUN) BELOW 28770 TGTS 28690/28590 SL 28890 COMMODITY ROUNDUP MCX Gold futures witnessed some buying support but stayed under stress as the global prices failed to extend their latest rise. COMEX Gold futures had surged to their three-week high earlier in the week amid intense fighting in Ukraine, which boosted the yellow metal's safe-haven de- mand. However, calm trades were seen today and the metal is quoting at $1307.40 per ounce, down $1.90 per ounce on the day. The MCX Gold futures are trading at Rs 28866 per 10 grams, down Rs 69 per 10 grams or 0.24% on the day with 7.21% increase in the open interest. Copper prices were remaining silent both in international and Indian exchanges. The prices of MCX Copper were trad- ing at Rs 410.4 per kg, up 0.13%. The prices have been stuck in a thick band of Rs 3. The highs for the contract of Copper have so far been at Rs 411.3 per kg, and a low is at Rs 409.6 per kg. Meanwhile, COMEX Copper was trading at $ 3.063 per pound. Crude futures rose on Tuesday after skirmishes between Ukraine and separatists escalated and stoked fears of an outright civil war, which could affect oil shipments from neighboring Russia, the world's second-largest exporter af- ter Saudi Arabia. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in June traded at $100.03 a barrel during U.S. trading, up 0.55%. New York-traded oil futures hit a session low of $99.33 a barrel and a high of $100.42 a barrel. The June contract set- tled down 0.28% at $99.48 a barrel on Monday. Nymex oil futures were likely to find support at $98.75 a barrel, Thurs- day's low, and resistance at $100.59 a barrel, the high from April 30. MCX SILVER July contract was trading at Rs 42614 up Rs 5, or 0.01 percent. The SILVER rate touched an intraday high of Rs 42818 and an intraday low of Rs 42489. So far 7004 contracts have been traded. SILVER prices have moved down Rs 10809, or 20.23 percent in the July series so far. MCX GOLDPETAL May contract was unchanged at Rs 3062. The GOLDPETAL rate touched an intraday high of Rs 3064 and an intraday low of Rs 3059. So far 1088 contracts have been traded. GOLDPETAL prices have moved up Rs 38, or 1.26 percent in the May series so far. COMMODITY MCX
  5. 5. DAILY REPORT 07th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA MAY ABOVE 9530 TGTS 9560,9610 SL 9480 SELL DHANIYA MAY BELOW 9460 TGTS 9430,9380 SL 9510 GUARSEED BUY GUARSEED MAY ABOVE 5375 TGTS 5405,5455 SL 5325 SELL GUARSEED MAY BELOW 5280 TGTS 5250,5200 SL 5330 NCDEX NCDEX INDICES Index Value % Change Castor Seed 3952 -1.50 Chana 2982 -1.16 Coriander 9513 -0.20 Cotton Seed Oilcake 1567 +0.13 Jeera 5390 -1.82 Maize– Feed/Industrial Grade 10630 -0.65 Mustard seed 3446 -0.83 Soy Bean 4725 -0.90 Turmeric 6544 -1.89 NCDEX ROUNDUP According to a statement issued by Indian Sugar Mills Asso- ciation (ISMA), the biggest association of mills, there is re- mote possibility of the sugarcane arrears being wiped off as sugar prices have again started falling since the last fort- night. Export contracts finalised on the expectation of Rs 3,300 per ton as incentive are not being executed, burden- ing the domestic market with extra sugar. Potato prices fell by 1.21% to Rs 1,433 per quintal in futures trading yesterday as speculators offloaded their positions, triggered by higher supplies from producing regions. At the MCX, potato for delivery in June fell by Rs 17.60, or 1.21% to Rs 1,433 per quintal in business turnover of 164 lots. Similarly, the potato for delivery in May lost Rs 15.10, or 1.11% to Rs 1,351 per quintal in 119 lots. Fall in potato prices was mostly due to offloading of positions by specula- tors, triggered by higher supplies from producing region against lower demand in the spot markets. Cardamom ended the day lower as recent rains triggered short selling in the counter. The MCX Cardamom June deliv- ery ended the day at Rs 958, down Rs 25.10 or 2.55% from last close. Weather worries in the cardamom belts and ex- port enquiries aided upside in the cardamom futures prices in the previous months. Rainfall had witnessed during the last few days and it triggered some profit taking in the counter.
  6. 6. DAILY REPORT 07th MAY 2014 YOUR MINTVISORY Call us at +91-731-6642300 JPY/INR BUY JPY/INR ABOVE 59.37 TGTS 59.51, 59.66 SL 59.16. SELL JPY/INR BELOW 59.03 TGTS 58.89, 58.74 SL 59.24. GBP/INR BUY GBP/INR ABOVE 102.40 TGTS 102.54, 102.69 SL 102.19. SELL GBP/INR BELOW 101.90 TGTS 101.76, 101.61 SL 102.11. CURRENCY ROUNDUP The Indian rupee gained on Tuesday for its fourth session in five, aided by corporate dollar sales and stronger domestic shares, although continued caution ahead of the outcome of general elections next week limited sharper gains. The partially convertible rupee closed at 60.11/12 per dollar compared to its previous close of 60.21/22. The currency rose to as high as 60 to the dollar on Monday, which was its highest since April 9. Some dollar selling by a large Indian corporate was seen in the second half of the trading session, helping the local unit recover from the session low of 60.23. The rupee was also aided by Indian shares that rose for a second consecutive session after overseas investors bought index futures worth 860 million rupees ($14.29 million) on Monday, snapping five days of selling in index futures. Mar- ket volumes remain thin and beholden largely to foreign fund flows or to large corporate flows in the run-up to the result of the general elections on May 16. The dollar, which has lost about 0.5 percent against the yen so far this week, traded at 101.70 yen. A break below 101.32 would take the dollar to its lowest since Mar. 19. The Dollar was also on the back foot against the euro, which was boosted on Tuesday by upbeat PMI readings in Spain and Italy. The euro was at $1.3927, hovering within distance of an eight-week high of $1.3952 hit on Tuesday. The U.S. dollar index, which measures the greenback against six ma- jor currencies, stood at 79.13 after falling on Tuesday to 79.06, its lowest in more than six months. Immediate focus for the dollar was on U.S. Federal Reserve Chair Janet Yellen's congressional testimony later in the session. Yellen is widely expected to maintain a dovish policy stance, doing little to arrest the recent fall of the dollar, which has shown little reaction to positive economic data. The safe-haven yen hovered just above a multi-month high against the dollar in early trade on Wednesday as the heightened possibility of Ukraine slipping into civil war dampened risk sentiment. CURRENCY RBI Reference Rate Currency Rate Currency Rate Rupee- $ 60.2020 Yen-100 59.0000 Euro 83.5532 GBP 101.6752
  7. 7. DAILY REPORT 07th MAY 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 06/05/14 MCX GOLD JUNE BUY 29060 29140-29240 28950 NOT EXECUTED 06/05/14 MCX GOLD JUNE SELL 28770 28690-28590 28890 NOT EXECUTED 06/05/14 MCX SILVER JULY BUY 42950 43150-43450 42600 NOT EXECUTED 06/05/14 MCX SILVER JULY SELL 423600 42100-41800 42630 NOT EXECUTED 06/05/14 NCDEX GUARSEED MAY BUY 5530 5560-5610 5480 NOT EXECUTED 06/05/14 NCDEX GUARSEED MAY SELL 5460 5430-5380 5500 BOOKED PROFIT 06/05/14 NCDEX DHANIYA MAY BUY 9555 9585-9635 9515 BOOKED FULL PROFIT 06/05/14 NCDEX DHANIYA MAY SELL 9490 9470-9410 9530 BOOKED PROFIT 06/05/14 USD/INR MAY BUY 60.55 60.69-60.85 60.34 NOT EXECUTED 06/05/14 USD/INR MAY SELL 60.17 60.03-59.88 60.38 NOT EXECUTED 06/05/14 EUR/INR MAY SELL 83.55 83.41-83.26 83.76 NOT EXECUTED 06/05/14 EUR/INR MAY BUY 83.96 84.10-84.25 83.75 BOOKED PROFIT Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 06/05/14 NIFTY FUTURE BUY 6700-6720 6780-6800 6650 NOT EXECUTED 06/05/14 CANARA BANK FUTURE BUY 300-305 315-325 290 SL TRIGGERED 06/05/14 RCOM FUTURE SELL 120 118-115 122 BOOKED PROFIT 06/05/14 JINWORLD CASH BUY 115-118 125-135 108 NOT EXECUTED 05/05/14 BATA INDIA FUTURE SELL 1000-1020 980-960 1040 CALL OPEN 05/05/14 APOLLO TYRE FUTURE BUY 165 169-174 160 BOOKED PROFIT 30/04/14 HEXAWARE FUTURE SELL 150-155 145-140 160 BOOKED PROFIT 16/04/14 TCS FUTURE BUY 2200-2240 2280-2300 2160 CALL OPEN
  8. 8. DAILY REPORT 07th MAY 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, MAY 05 10 AM ISM NONMANUFACTURING APRIL 54.3% 53.1% TUESDAY, MAY 06 8:30 AM TRADE DEFICIT MARCH -$39.8 BLN -$42.3 BLN WEDNESDAY, MAY 07 8:30 AM PRODUCTIVITY 1Q -1.1% 1.8% 8:30 AM UNIT LABOR COSTS 1Q -- -0.1% 10 AM JANET YELLEN TESTIMONY 3 PM CONSUMER CREDIT MARCH -- $16.5 BLN THURSDAY, MAY 08 8:30 AM JOBLESS CLAIMS 5/3 330,000 344,000 FRIDAY, MAY 09 10 AM JOB OPENINGS MARCH -- 4.2 MLN 10 AM WHOLESALE INVENTORIES MARCH -- 0.5%

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