It was the last trading session before Christmas and across Asia's bourses, stocks were broadly higher, drawn on by a strong US economic engine. But few traders were stirring, with markets in Australia, Hong Kong and Singapore only open for a half day ahead of tomorrow's Christmas holi-day. Overnight, Wall Street enjoyed a "Santa rally," as in-vestors cheered data showing the US economy expanded in the third quarter by the most in 11 years.

1. DAILY RESEARCH REPORT
24th December 2014
www.capitalbuilder.in
WE BUILD YOUR CAPITAL CALL US AT –88-15278-555
Global markets at a glance
It was the last trading session before Christmas and across
Asia's bourses, stocks were broadly higher, drawn on by a
strong US economic engine. But few traders were stirring,
with markets in Australia, Hong Kong and Singapore only
open for a half day ahead of tomorrow's Christmas holi-
day. Overnight, Wall Street enjoyed a "Santa rally," as in-
vestors cheered data showing the US economy expanded
in the third quarter by the most in 11 years. The Dow
Jones Industrial Average closed 0.4 percent higher at
18,024 points - its first finish above the 18,000 level -
while the S&P 500 advanced 0.2 percent. However, the
Nasdaq Composite fell, snapping a four-session winning
streak, as biotechnology names weighed. Asian stocks saw
mixed trading early Tuesday, despite another strong ses-
sion on Wall Street, as oil prices resumed their downward
slide. US stocks advanced overnight, with technology lead-
ing the Dow and S&P 500 to record finishes.
Wall street
The Dow Jones industrial average rose 64.67 points, or
0.36 percent, to 18,024.11, the S&P 500 gained 3.64
points, or 0.18 percent, to 2,082.18 and the Nasdaq Com-
posite dropped 16 points, or 0.33 percent, to 4,765.42.
Advancing issues outnumbered declining ones on the
NYSE by 1,990 to 1,090, for a 1.83-to-1 ratio on the up-
side; on the Nasdaq, 1,399 issues rose and 1,353 fell for a
1.03-to-1 ratio favoring advancers. The benchmark S&P
500 index was posting 124 new 52-week highs and 5 new
lows; the Nasdaq Composite was recording 182 new highs
and 53 new lows. About 5.41 billion shares traded on all
US platforms, according to BATS exchange data, compared
with the month-to-date average of 7.78 billion.
Previous day Roundup
Equity benchmarks snapped three-day winning streak as
the Nifty closed way below the 8300 level on Chinese con-
cerns and profit booking in banking & financials, metals,
oil & gas stocks. After rising nearly 1000 points in previous
three consecutive trading sessions, the 30-share BSE
Sensex declined 195.33 points to 27506.46 today while
the 50-share NSE Nifty fell 57 points to 8267 ahead of ex-
piry of December derivative contracts (on Wednesday).
The BSE Midcap and Smallcap indices were down 0.3-0.6
percent. The consolidation may continue for some more
time due to global cues, feel experts. They see Nifty mov-
ing in a range of 8200-8500 levels in near term, but they
believe the market may see new highs before the Budget.
INDEX VALUE % CHANGE
DJI 18024.17 +0.36
S&P 500 2082.17 +0.17
NASDAQ 4765.42 -0.33
EURO STO 3192.47 +1.19
FTSE 6598.18 0.33
NIKKEI 17836.10 +1.14
World Indices
COMPANY VALUE CHANGE
NTPC 143.15 4.15
BAJAJ AUTO 2526.00 48.70
BHARTI AIRTEL 355.50 6.70
CIPLA 629.25 11.00
ULTRATECH 2550.00 33.00
TOP GAINERS
TOP LOSERS
COMPANY VALUE CHANGE
SSLT 204.05 -6.80
TATAPOWER 81.45 -2.70
HCL TECH 1539.00 -49.50
TATA STEEL 394.50 -9.55
HDFC -22.20 -1.94
STOCKS 52 WEEK,S HIGH
COMPANY VALUE CHANGE
BBTC 518.70 3.65
BHARATFORGE 983.00 -8.20
AMRUTANJAN 483.80 24.70
AXISBANK 496.50 -3.45
BOB 1099.50 14.30
STOCKS 52 WEEK,S LOW
COMPANY VALUE CHANGE
MANJEERA 50.20 0.30
EASUN 45.60 -2.15
INDIAN INDICES
INDEX CMP CHANGE %CHANGE
SENSEX 27506.46 -195.33 -0.71
NIFTY 8267.00 -57.00 -0.68

2. DAILY RESEARCH REPORT
24th December 2014
www.capitalbuilder.in
WE BUILD YOUR CAPITAL CALL US AT –88-15278-555
EQUITY CASH & FUTURE
STOCK RECOMMENDATIONS [FUTURE]SYNDICATE BAN
1. ULTRACEMCO FUTURES
ULTRACEMCO FUTURES is looking strong on charts, ,if
it sustains above 2540 levels. We advise buying around
2550-2555 levels with strict stop loss of 2500 for the
targets of 2570-2600 levels.
2.DLF FUTURES
DLF FUTURES is looking Strong on charts, long move-
ment has been seen, we may see more up side, if it sus-
tains above 130 levels. We advise Buying around 133-
133.50 levels with strict stop loss of 129.50 for the tar-
gets of-135.50-138 Levels.
STOCK RECOMMENDATION [CASH]
1.MAX INDIA
MAX INDIA looking strong on charts, long build up
has been seen, we may see more upside, We advise
buying around 388 levels with strict stop loss of 382
for the targets of 394-400 levels.
MACRO NEWS
 Shares of real estate developer Sobha has rallied
5% to Rs 493 on BSE after a foreign inves-
tor Platinum Investment Management Limited ac-
quired over 300,000 shares of the company
through open market
 Shares of UltraTech Cement were trading higher
by 3% at Rs 2,616 on the National Stock Exchange
(NSE) after the company said its board has ap-
proved a proposal for the acquisition of cement
units of Jaiprakash Associates Limited (JAL) located
in Madhya Pradesh.
 The Securities and Exchange Board of India (Sebi),
the income-tax department and the special inves-
tigative team (SIT) on black money are learnt to be
spearheading a multi-agency probe into an alleged
flow of unaccounted money through 100 listed
companies.

3. DAILY RESEARCH REPORT
24th December 2014
www.capitalbuilder.in
WE BUILD YOUR CAPITAL CALL US AT –88-15278-555
FUTURE & OPTION
STOCKS IN NEWS
 Reliance Industries, BP & Niko issue notice of
arbitration to government
 Torrent Power board meets today to consider
reorganisation of power operations
 Cipla’s UK arm to acquire 14.6% for USD 1.5 mil-
lion in Chase Pharma
NIFTY FUTURES
Nifty Future closed in Red in last trading session.
We advise you to Sell below 8260 with strict stop
loss 8300 the targets of 8220-8170
Symbol Option
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 8,300 18 18,03,408 49,16,325
NIFTY CE 8,200 60 10,31,356 38,69,950
BANKNIFTY CE 18,500 141.45 67,925 2,77,925
BANKNIFTY CE 19,000 19.05 63,263 7,51,350
RELIANCE CE 900 11.4 10,988 5,82,750
RELIANCE CE 920 5 8,503 11,24,500
SBIN CE 310 3.15 5,385 28,93,750
TATASTEEL CE 410 5.15 4,894 7,95,000
MOST ACTIVE CALL OPTION
MOST ACTIVE PUT OPTION
Symbol Option
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 8,200 31 15,01,361 36,97,275
NIFTY PE 8,100 10.5 8,38,722 46,43,300
BANKNIFTY PE 18,000 34.6 62,953 6,74,650
BANKNIFTY PE 18,500 135 56,450 2,31,675
RELIANCE PE 880 3.4 6,054 4,46,500
RELIANCE PE 900 9.7 5,223 4,80,250
TATASTEEL PE 400 4.05 3,124 4,36,000
TCS PE 2,450 4.55 3,042 1,06,625
BUY SELL OPEN INTEREST AT THE END OF THE DAY
No. of con-
tracts Amt in Crores No. of contracts Amt in Crores No. of contracts Amt in Crores
INDEX FUTURES 202316 4744.23 206640 4824.18 909464 20199.22
INDEX OPTIONS 968694 23247.38 876164 21204.49 3251384 78150.07
STOCK FUTURES 276044 8140.21 264490 7784.84 1804689 52322.58
STOCK OPTIONS 82713 2527.87 83583 2565.88 97040 2913.48
FII DERIVATIVES STATISTICS FOR 22-DEC-2014
INDICES R1 R2 PIVOTS S1 S2
NIFTY 8194.10 8228.90 8139.50 8104.70 8050.10
BANK NIFTY 18490.40 18591.20 18223.40 18057.20 17956.40

4. DAILY RESEARCH REPORT
24th December 2014
www.capitalbuilder.in
WE BUILD YOUR CAPITAL CALL US AT –88-15278-555
TIME (ET) REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, DEC. 22
10 am Existing home sales Nov. 5.18 mln 5.26 mln
TUESDAY, DEC.23
8:30 am GDP Q3 4.5% 3.9%
8:30 am Durable goods orders Nov. 43.4% 0.3%
9:55 am Consumer sentiment Dec. -- 93.8
10 am Personal income Nov. 0.5% 0.2%
10 am Consumer spending Nov. 0.5% 0.2%
10 am Core inflation Nov. -- 0.2%
10 am New home sales Nov. 458,000 458,000
WEDNESDAY, DEC.24
8:30 am Weekly jobless claims Dec. 20 N/A N/A
THURSDAY, DEC.25
Christmas Day
None scheduled
FRIDAY, DEC.26
None scheduled
NEXT WEEK'S U.S. ECONOMIC REPORTS
10 am

5. DAILY RESEARCH REPORT
24th December 2014
www.capitalbuilder.in
WE BUILD YOUR CAPITAL CALL US AT –88-15278-555
PERFORMANCE UPDATES
Date Commodity/
Currency
Contract Strategy Entry Level Target Stop
Loss
Remark
Date Cash/ Futures/
option
Contract Strategy Entry Level Target Stop
Loss
Remark
23/12/2014 NIFTY FUTURES BUY 8350 8380-8400 8300 SL TRIGGERED
23/12/2014 BHEL FUTURES BUY 265 270-276 262 BOOKED
PRFOIT
23/12/2014 EXIDEIND FUTURES BUY 174.50-175 176.50-178 172 NOT EXECUTED
23/12/2014 BERGERPAINT CASH BUY 410 416-422 400 HIGH 413.70
www.capitalbuilder.in does not take any compensation of any kind whatsoever from any company
that they mention on this website. All data and reports at www.capitalbuilder.in are only infor-
mation services for investors and are not individualized recommendations to buy or sell securities,
nor offers to buy or sell securities. The publishers of reports, reviews and analysis un-
der www.capitalbuilder.in are not acting in any way to influence the purchase or sale of securities.
The information provided is obtained from sources deemed reliable but is not guaranteed as to ac-
curacy or completeness or as to the results obtained by individuals using such information. It is
possible at this or some subsequent date, the publishers of reports, reviews and analysis
at www.capitalbuilder.in may own, buy or sell securities presented. Each user shall be responsible
for the risks of their own investment activities and, in no event, shallwww.capitalbuilder.in, its
publishers, employees, owners or investors, be liable for any losses or damages, monetary or oth-
erwise, that result from actions taken after reading the contents of reports, reviews and analysis
published on www.capitalbuilder.in. The publishers recommend that anyone trading securities
should do so with caution and consult with a broker and financial advisor before .
DISCLAIMER