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_____________________________________________________________________________________________________________________
Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o
Special Report
03 Aug-2017
Global markets at a glance
The Dow Jones industrial average notched another mile-
stone on Wednesday, breaking above 22,000 for the first
time. The 30-stock index rose 52.32 points to close at
22,16.24 with a boost from Apple's stock, which surged
4.73 percent after posting quarterly results that blew ex-
pectations out of the water. The company reported earn-
ings per share of USD 1.67 on revenue of $45.4 billion. Ana-
lysts polled by Reuters expected earnings per share of USD
1.57 on revenue of USD 44.89 billion.
The broad-based major European indices closed lower in
Wednesday's trading session, as mining companies, and
banks weighed down the markets. In economic news, Euro
stat, the statistical office of the European Union, reported
that industrial producer prices fell 0.1% in the euro area
(EA19), and 0.2% in the EU28 in June, compared with May.
In May, prices decreased 0.3% in the euro area and 0.4% in
the EU28. In June, compared with June 2016, industrial
producer prices rose 2.5% in the euro area, and 2.6% in the
EU28.
Asian shares dipped on Thursday as investors locked in re-
cent gains after Wall Street's Dow Jones Industrial Average
broke the 22,000 barrier for the first time in its 121-year
history. MSCI's broadest index of Asia-Pacific shares out-
side Japan dropped 0.5 percent, with South Korea's Kospi
index falling 1.5 percent in early trade. Samsung Electron-
ics , which on Friday posted its biggest daily fall since Octo-
ber, fell 2.6 percent, giving up the gains made so far this
week.
Previous day Roundup
Key benchmark indices settled with modest losses as profit
booking emerged after the Reserve Bank of India (RBI) cut
policy rate by 25 basis points after a monetary policy meet
today, 2 August 2017, in line with market expectations. The
barometer index, the S&P BSE Sensex declined 98.43 points
or 0.3% to settle at 32,476.74. The Nifty 50 index lost 33.15
points or 0.33% to settle at 10,081.50. Weakness in Euro-
pean stocks also weighed on sentiment.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Consumer Durables [up
183.19pts.], Capital Goods [down 148.39pts], PSU [down
19.17pts], FMCG [down 770.07pts], Realty [down 4.28pts],
Power [up2.66pts], Auto [down 63.61pts], Health-
care [down 65.51pts], IT [down 92.24pts], Metals [down
46.65pts], TECK [down 44.47pts], Oil& Gas [up 5.31pts].
World Indices
Index Value % Change
DJI 21947.50 -0.02
S&P500 2472.25 -0.05
NASDAQ 6362.64 0.00
FTSE100 7411.43 -0.17
NIKKEI 20004.00 -0.38
HANG SENG 27548.24 -0.58
Top Gainers
Company CMP Change % Chg
NTPC 172.00 6.80 4.12
AMBUJACEM 266.60 7.40 2.85
ACC 1,774.00 36.25 2.09
HEROMOTOCO 3,798.00 17.15 1.88
ADANIPORTS 411.50 7.50 1.86
Top Losers
Company CMP Change % Chg
DRREDDY 2,380.00 -51.55 -2.12
IBULHSGFIN 1,191.00 -25.20 -2.07
INFRATEL 396.45 -7.25 -1.80
TATAMOTORS 438.90 -8.00 -1.79
ONGC 164.45 -2.95 -1.76
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
ADANIPORTS 411.50 7.50 1.86
APOLLOTYRE 276.40 9.45 3.54
AVADHSUGAR 509.70 24.25 5.00
BAJAJFINSV 4,990.00 -77.25 -1.52
BAJAJHLDNG 2,392.05 -31.15 -1.29
BALRAMCHIN 171.00 8.55 5.26
BANKBEES 2,534.19 -20.00 -0.78
Indian Indices
Company CMP Change % Chg
NIFTY 10081.50 -33.20 -0.33
SENSEX 32476.74 -98.43 -0.30
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ADLABS 65.55 -1.75 -2.60
AJANTPHARM 1,372.00 -16.85 -1.21
BHAGYAPROP 21.45 -0.15 -0.69
_____________________________________________________________________________________________________________________
Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o
Special Report
03 Aug-2017
STOCK RECOMMENDATION [CASH]
TIMETECHNO [CASH]
The stock on the daily chart made bullish hammer candle
and shown increased volume participation , RSI indicator
also indicating bullish move for which the stock is good to
buy above 172 for the target of 176-180 with SL below
168.
MACRO NEW
 Results today: Titan Company, IOC, Colgate Palmolive,
HCC
 Indian rupee ends at 2-year high, bonds fall after RBI
cuts repo rate by 25 bps to 6%
 Bajaj Finance has entered into a Subscription Agreement
with One MobiKwik Systems to acquire convertible pref-
erence share. Post conversion will hold 10%, Total
amount paid 225cr
 GAIL commences construction of Kochi-Koottanad-
Mangalaru Pipeline with a total project cost of Rs 3263cr
 Prakash Industries converts FCCB's into 30 lkh equity
shares which will be allotted to FCCB holders, paid up
share capital to increase to 152.5 cr from 149.4cr
 Bharti Airtel may sell 3% in Infratel
 NTPC set to retire 25 of its veteran power generating
units
 Just Dial Approves Buyback Of Equity Shares For An
Amount Not Exceeding `83.91 Cr
 Wockhardt Bio AG Gets US FDA Nod For Oxacillin So-
dium Injection (Used To Treat Penicillin- resistant
Staphylococcus Aureus)
 Honda aims to overtake Hero Motocorp in India by 2020
 Lupin Q1 disappoints, but co says US biz stable and ex-
pects to launch 30-35 generics
RECOMMENDATIONS [FUTURE]
1.UNIONBANK [FUTURE ]
Last trading session UNIONBANK Future given under per-
formance in all Banking stocks. And ended with bearish can-
dlestick in daily chart, And since last session it rose with ris-
ing OI in short side, It’s indicate future go downside ahead,
we will advise to sell below 150 for the target of 146-142
with stop loss of 155.
2.APOLLOTYRE [FUTURE]
Last trading session APOLLOTYRE future cross major strong
resistance level and ended above this level with bullish can-
dlestick in daily chart. And since last session it rose with ris-
ing OI in long side. we expect the lead to good upside
ahead. So we advise you to Buy around 271-272 for the tar-
get of 277-282 with SL of 268.
_____________________________________________________________________________________________________________________
Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o
Special Report
03 Aug-2017
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 25,500 2.40 3,15,421 13,40,640
BANKNIFTY CE 25,300 6.15 2,91,632 11,56,880
BANKNIFTY CE 25,200 14.00 2,63,350 9,52,240
LUPIN CE 1,100 16.80 4,786 5,24,800
PNB CE 170 3.50 4,577 48,58,000
RELIANCE CE 1,640 32.05 3,803 5,15,500
LUPIN CE 1,060 29.00 3,736 2,18,400
LUPIN CE 1,040 39.45 3,474 1,83,200
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY PE 25,000 60.00 2,86,611 9,10,440
BANKNIFTY PE 24,800 15.10 2,36,224 7,52,160
BANKNIFTY PE 24,900 30.25 2,26,000 6,27,080
LUPIN PE 1,000 25.50 5,057 4,65,200
PNB PE 150 3.80 3,746 39,44,500
LUPIN PE 1,020 31.90 2,789 1,78,400
LUPIN PE 1,040 41.90 2,581 1,74,800
PNB PE 155 5.75 2,572 37,48,500
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 11296 935.64 25115 1995.84 251359 19511.79 -1060.19
INDEX OPTIONS 528936 48132.76 533876 48635.56 889977 68577.26 -502.79
STOCK FUTURES 94319 6891.03 95650 6932.84 788062 55563.73 -41.81
STOCK OPTIONS 80193 6044.23 79772 5990.77 76486 5806.27 53.45
-1551.00
STOCKS IN NEWS
 RPP Infra Promoter A.Nithya releases pledge of
2,75,000 shares
 Listing of RInfra’s infra investment trust delayed
Jet airways to announce June results in September
 Brookfield , 2 others bid for Vodafone and idea towers
 Emami eyes more buys in heatlh care
NIFTY FUTURE
Last trading session NIFTY Future close near day’s low
after RBI policy with bullish candlestick in daily
chart ,and last session nifty future clearly show profit
booking at higher level it's indicted some correction
ahead, also broader markets ended on negative note, So
we can follow sell on rise. We may see rise for that it will
be good to sell Nifty future around 10120-10130 for the
target of 10080-10050 with SL of 10160
INDICES R2 R1 PIVOT S1 S2
NIFTY 10173.0 10127.00 10090.00 10044.00 10007.00
BANKNIFTY 25331.00 25193.00 25059.00 24921.00 24787.00
_____________________________________________________________________________________________________________________
Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o
Special Report
03 Aug-2017
COMMODITY ROUNDUP
COMEX Gold futures stayed weak today after hitting around
two month highs. US Private sector hiring stayed strong in
July as employers added 178,000 jobs ADP reported today.
This is likely to keep Gold under stress after a series of
strong global economic updates earlier this week. COMEX
Gold is down 0.55% at $1272 per ounce. MCX Gold futures
are trading flat around Rs 28430 per 10 grams. Activity in
the US manufacturing sector saw continued growth in the
month of July, according to a report released by the Insti-
tute for Supply Management on Tuesday, although the pace
growth slowed.
COMEX Silver futures took a tumble in Asia as Gold prices
slipped and commodities remained under stress in general.
The metal had rose to a two month high yesterday, hitting
almost $17 per ounce before correcting. The slide extended
further today as the counter dropped 0.70% to trade at
$16.64 per ounce. MCX Silver futures are also down 0.81%
at Rs 38200 per kg right now.
Copper prices moved down by 0.77 per cent to Rs 404.75
per kg in futures trade today as speculators cut down their
bets amid subdued demand at the spot market. At the MCX
copper futures for August 2017 contract is trading at Rs
404.75 per kg down by 0.77 per cent after opening at Rs
407.10 against a previous close of Rs 407.90.
Aluminium futures were trading higher during the morning
trade in the domestic market on Wednesday taking positive
cues from spot market on pick-up in demand. Analysts said
widening of positions by participants due to pick up in de-
mand from consuming industries in the spot market mainly
influenced aluminium prices at futures trade. At the MCX
aluminium futures for August 2017 contract is trading at Rs
122.85 per kg up by 0.82 per cent after opening at Rs
122.25 against a previous close of Rs 121.85. It touched the
intra-day high of Rs 122.85
The international crude oil price of Indian Basket as com-
puted today by Petroleum Planning and Analysis Cell (PPAC)
under the Ministry of Petroleum and Natural Gas was US$
51.24 per barrel (bbl) on 01.08.2017. This was higher than
the price of US$ 50.80 per bbl on previous publishing day of
31.07.2017. In rupee terms, the price of Indian Basket in-
creased to Rs. 3282.97 per bbl on 01.08.2017 as compared
to Rs. 3255.21 per bbl on 31.07.2017. Rupee closed stronger
at Rs. 64.07 per US$ on 01.08.2017 as compared to Rs.
64.08 per US$ on 31.07.2017.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 28630 TGT 28680 28780 SL BELOW
28780
SELL GOLD BELOW 28450 TGT 28400 28300 SL ABOVE
28500
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 38400 TGT 38600 38900 SL BELOW
38200
SELL SILVER BELOW 37600 TGT 37400 37100 SL ABOVE
38800
_____________________________________________________________________________________________________________________
Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o
Special Report
03 Aug-2017
NCDEX INDICES
Index Value % Change
BARLEY 1416.50 -0.77
CASTOR SEEDS 44.09 -1.01
CORIANDER 4765 -1.10
COTTON SEED 1394 -3.99
GUAR SEED 3581 -0.72
JEERA 1890 -0.97
MUSTARDSEED 3695 -0.05
SOYA BEAN 2996 -0.56
TURMERIC 7550 -0.58
WHEAT 1650 -0.30
RECOMMENDATIONS
DHANIYA
BUY CORIANDER AUG ABOVE 4790 TGT 4760 4720 4670
SL BELOW 4840
SELL CORIANDER AUG BELOW 4700 TGT 4670 4630 4580 SL
ABOVE 4750
GUARGUM
BUY GUARGUM5 ABOVE 7630 TGT 7660 7700 7750
SL BELOW 7580
SELL GUARGUM5 BELOW 7400 TGT 7370 7330 7280 SL
ABOVE 7450
Cardamom futures were trading lower during the evening
trade in the domestic market on Wednesday as speculators
booked profits at prevailing levels amid easing demand in
the spot market. Analysts said besides profit booking by
participants at existing level fall in demand against ade-
quate stocks position mainly led to decline in cardamom
prices at futures trade. At the MCX cardamom futures for
August 2017 contract was trading at Rs 1153 per kg down
by 0.58 per cent after opening at Rs 1160 against a previous
close of Rs 1159.70.
Mentha oil futures were trading higher during the evening
trade in the domestic market on Wednesday amid pick-up
in demand at domestic spot market and restricted supplies
from producing regions. Market analysts said fresh posi-
tions built up by traders following pick-up in demand from
consuming industries in the spot market against restricted
supplies from Chanteuse led to the rise in mentha oil prices
in futures trade. At the MCX mentha oil futures for August
2017 contract was trading at Rs 1140.10 per kg up by 0.05
per cent after opening at Rs 1169 .
Government-held wheat stocks on July 1, 2017, are officially
reported at 32.3 MMT compared to 30.2 MMT a year ago.
Industry sources report that government wheat stocks are
sufficient to meet the government commitment for the Na-
tional Food Security Act through the PDS and other food
programs (27 MMT) and buffer stock (7.5 MMT ending
stocks) requirement, with a surplus of only about 4 MMT
for open market sales (OMS). [OMS sale of wheat in last 5
years has ranged from 4.2 MMT to 7 MMT per annum.] If
the government decides to augment their government
stocks to higher than the buffer stock norms, wheat avail-
able for OMS will be further reduced, which has to be aug-
mented through imports.
_____________________________________________________________________________________________________________________
Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o
Special Report
03 Aug-2017
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 64.069 Yen 57.860
Euro 75.748 GBP 84.641
USD/INR
BUY USD/INR ABOVE 63.90 TGT 64.05 64.25 SL 63.70
SELL USD/INR BELOW 63.70 TGT 63.55 63.35 SL 63.90
EUR/INR
BUY EUR/INR ABOVE 75.85 TGT 76.00 76.20 SL 75.65
SELL EUR/INR BELOW 75.75 TGT 75.60 75.40 SL 75.95
CURRENCY MARKET UPDATES
The Indian rupee dipped lower against the dollar in early
trades on Wednesday, 02 August 2017 on increased de-
mand for the greenback from importers ahead of RBI pol-
icy decision. The two-day monetary policy meeting con-
cludes today. However, domestic equities soaring to new
highs and the dollar's weakness against other currencies
overseas limited the rupee's fall.
The domestic currency opened at Rs 64.12 against the dol-
lar and dipped to a low of 64.1350 before recovering to a
high of 64.10 so far during the day. In the spot currency
market, the Indian unit was last seen trading at 64.11. Yes-
terday, the rupee had racked up strong gains to end at a
fresh two-and-a-half month high of 64.07 against the US
currency, appreciating by 12 paise on heavy dollar selling
amid expectations of a rate cut by the Reserve Bank.
Local equities hovered in a narrow range near the flat line
in morning trade. At 10:30 IST, the barometer index, the
S&P BSE Sensex, was up 27.15 points or 0.08% at
32,606.32. The Nifty 50 index was down 2.75 points or
0.03% at 10,111.90. Both the Sensex, and the Nifty, had hit
hit record high in early trade on firmness in Asian stocks.
Overseas, most Asian stocks rose helped by strong results
from Apple. US stocks closed higher yesterday, 1 August
2017 and the Dow Jones Industrials Average racked up a
fifth straight record high powered by Goldman Sachs,
JPMorgan Chase and other banks.
Meanwhile, the U.S. dollar index, which measures the
greenback's strength against a trade-weighted basket of six
major currencies, rose 0.03% to 92.94. Overnight, the dol-
lar traded higher against a basket of global currencies, de-
spite economic data showing the pace of inflation re-
mained lacklustre while manufacturing activity undershot
expectations, capping gains in the greenback.
_____________________________________________________________________________________________________________________
Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o
Special Report
03 Aug-2017
Date
Commodity/ Cur-
rency Pairs
Contract Strategy Entry Level Target
Stop
Loss
Remark
01/08/17 NCDEX DHANIYA OCT. BUY 4850 48804920 4800 NOT EXECUTED
01/08/17 NCDEX DHANIYA OCT. SELL 4800 4770-4680 4850 TARGET HIT
01/08/17 NCDEX GUARGUM SEP. BUY 7630 7660-7700 7580 NOT EXECUTED
01/08/17 NCDEX GUARGUM SEP. SELL 7630 7600-7560 7680 NOT EXECUTED
01/08/17 MCX GOLD OCT. BUY 28850 28900-29000 28750 NOT EXECUTED
01/08/17 MCX GOLD OCT. SELL 28500 28450-28350 28600 SL TRIGGERED
01/08/17 MCX SILVER SEP. BUY 38700 38900-39200 38500 NOT EXECUTED
01/08/17 MCX SILVER SEP. SELL 38200 38000-37700 38500 TARGET HIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
01/08/17 NIFTY FUTURE BUY 10000-10120 10150-10200 9950 TARGET HIT
01/08/17 VOLTAS FUTURE BUY 531 535-540 525 TARGET HIT
01/08/17 MOTHERSUMI FUTURE BUY 331 335-340 325 TARGET HIT
01/08/17 HUBTOWN CASH BUY 127.50 132-133 122 OPEN
_____________________________________________________________________________________________________________________
Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o
Special Report
03 Aug-2017
NEXT WEEK'S U.S. ECONOMIC REPORTS
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 liabil-
ity) 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 infor-
mation and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The re-
port does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments 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
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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 REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, JULY 31
9:45 am Chicago PMI July -- 65.7
10 am Pending home sales June -- -0.8%
TUESDAY, AUG. 1
8:30 am Personal income June 0.4% 0.4%
8:30 am Consumer spending June 0.1% 0.1%
8:30 am Core inflation June 0.1% 0.1%
9:45 am Markit manufacturing PMI July -- 53.2
10 am ISM manufacturing July 56.3% 57.8%
10 am Construction spending June 0.5% 0.0%
Varies Motor vehicle sales July 16.8mln 16.4 mln
WEDNESDAY, AUG. 2
8:15 am ADP employment July -- 158,000
THURSDAY, AUG. 3
8:30 am Weekly jobless claims 7/29 242,000 244,000
9:45 am Markit services PMI July -- 54.2
10 am ISM nonmanufacturing July 56.9% 57.4%
10 am Factory orders June 3.0% -0.8%
FRIDAY, AUG. 4
8:30 am Nonfarm payrolls July 185,000 222,000
8:30 am Unemployment rate July 4.3 4.4%
8:30 am Average hourly earnings July .3 0.2%
8:30 am Trade deficit June -$44.3bln -$46.5bln
Priya
Mory
a
Digitally signed
by Priya Morya
DN: cn=Priya
Morya c=IN
o=Personal
Reason: I am
the author of this
document
Location:
Date:
2017-08-03
08:59+05:30

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Special report by epic research of 03 aug 2017

  • 1. _____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o Special Report 03 Aug-2017 Global markets at a glance The Dow Jones industrial average notched another mile- stone on Wednesday, breaking above 22,000 for the first time. The 30-stock index rose 52.32 points to close at 22,16.24 with a boost from Apple's stock, which surged 4.73 percent after posting quarterly results that blew ex- pectations out of the water. The company reported earn- ings per share of USD 1.67 on revenue of $45.4 billion. Ana- lysts polled by Reuters expected earnings per share of USD 1.57 on revenue of USD 44.89 billion. The broad-based major European indices closed lower in Wednesday's trading session, as mining companies, and banks weighed down the markets. In economic news, Euro stat, the statistical office of the European Union, reported that industrial producer prices fell 0.1% in the euro area (EA19), and 0.2% in the EU28 in June, compared with May. In May, prices decreased 0.3% in the euro area and 0.4% in the EU28. In June, compared with June 2016, industrial producer prices rose 2.5% in the euro area, and 2.6% in the EU28. Asian shares dipped on Thursday as investors locked in re- cent gains after Wall Street's Dow Jones Industrial Average broke the 22,000 barrier for the first time in its 121-year history. MSCI's broadest index of Asia-Pacific shares out- side Japan dropped 0.5 percent, with South Korea's Kospi index falling 1.5 percent in early trade. Samsung Electron- ics , which on Friday posted its biggest daily fall since Octo- ber, fell 2.6 percent, giving up the gains made so far this week. Previous day Roundup Key benchmark indices settled with modest losses as profit booking emerged after the Reserve Bank of India (RBI) cut policy rate by 25 basis points after a monetary policy meet today, 2 August 2017, in line with market expectations. The barometer index, the S&P BSE Sensex declined 98.43 points or 0.3% to settle at 32,476.74. The Nifty 50 index lost 33.15 points or 0.33% to settle at 10,081.50. Weakness in Euro- pean stocks also weighed on sentiment. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Consumer Durables [up 183.19pts.], Capital Goods [down 148.39pts], PSU [down 19.17pts], FMCG [down 770.07pts], Realty [down 4.28pts], Power [up2.66pts], Auto [down 63.61pts], Health- care [down 65.51pts], IT [down 92.24pts], Metals [down 46.65pts], TECK [down 44.47pts], Oil& Gas [up 5.31pts]. World Indices Index Value % Change DJI 21947.50 -0.02 S&P500 2472.25 -0.05 NASDAQ 6362.64 0.00 FTSE100 7411.43 -0.17 NIKKEI 20004.00 -0.38 HANG SENG 27548.24 -0.58 Top Gainers Company CMP Change % Chg NTPC 172.00 6.80 4.12 AMBUJACEM 266.60 7.40 2.85 ACC 1,774.00 36.25 2.09 HEROMOTOCO 3,798.00 17.15 1.88 ADANIPORTS 411.50 7.50 1.86 Top Losers Company CMP Change % Chg DRREDDY 2,380.00 -51.55 -2.12 IBULHSGFIN 1,191.00 -25.20 -2.07 INFRATEL 396.45 -7.25 -1.80 TATAMOTORS 438.90 -8.00 -1.79 ONGC 164.45 -2.95 -1.76 Stocks at 52 Week’s HIGH Symbol Prev. Close Change %Chg ADANIPORTS 411.50 7.50 1.86 APOLLOTYRE 276.40 9.45 3.54 AVADHSUGAR 509.70 24.25 5.00 BAJAJFINSV 4,990.00 -77.25 -1.52 BAJAJHLDNG 2,392.05 -31.15 -1.29 BALRAMCHIN 171.00 8.55 5.26 BANKBEES 2,534.19 -20.00 -0.78 Indian Indices Company CMP Change % Chg NIFTY 10081.50 -33.20 -0.33 SENSEX 32476.74 -98.43 -0.30 Stocks at 52 Week’s LOW Symbol Prev. Close Change %Chg ADLABS 65.55 -1.75 -2.60 AJANTPHARM 1,372.00 -16.85 -1.21 BHAGYAPROP 21.45 -0.15 -0.69
  • 2. _____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o Special Report 03 Aug-2017 STOCK RECOMMENDATION [CASH] TIMETECHNO [CASH] The stock on the daily chart made bullish hammer candle and shown increased volume participation , RSI indicator also indicating bullish move for which the stock is good to buy above 172 for the target of 176-180 with SL below 168. MACRO NEW  Results today: Titan Company, IOC, Colgate Palmolive, HCC  Indian rupee ends at 2-year high, bonds fall after RBI cuts repo rate by 25 bps to 6%  Bajaj Finance has entered into a Subscription Agreement with One MobiKwik Systems to acquire convertible pref- erence share. Post conversion will hold 10%, Total amount paid 225cr  GAIL commences construction of Kochi-Koottanad- Mangalaru Pipeline with a total project cost of Rs 3263cr  Prakash Industries converts FCCB's into 30 lkh equity shares which will be allotted to FCCB holders, paid up share capital to increase to 152.5 cr from 149.4cr  Bharti Airtel may sell 3% in Infratel  NTPC set to retire 25 of its veteran power generating units  Just Dial Approves Buyback Of Equity Shares For An Amount Not Exceeding `83.91 Cr  Wockhardt Bio AG Gets US FDA Nod For Oxacillin So- dium Injection (Used To Treat Penicillin- resistant Staphylococcus Aureus)  Honda aims to overtake Hero Motocorp in India by 2020  Lupin Q1 disappoints, but co says US biz stable and ex- pects to launch 30-35 generics RECOMMENDATIONS [FUTURE] 1.UNIONBANK [FUTURE ] Last trading session UNIONBANK Future given under per- formance in all Banking stocks. And ended with bearish can- dlestick in daily chart, And since last session it rose with ris- ing OI in short side, It’s indicate future go downside ahead, we will advise to sell below 150 for the target of 146-142 with stop loss of 155. 2.APOLLOTYRE [FUTURE] Last trading session APOLLOTYRE future cross major strong resistance level and ended above this level with bullish can- dlestick in daily chart. And since last session it rose with ris- ing OI in long side. we expect the lead to good upside ahead. So we advise you to Buy around 271-272 for the tar- get of 277-282 with SL of 268.
  • 3. _____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o Special Report 03 Aug-2017 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest BANKNIFTY CE 25,500 2.40 3,15,421 13,40,640 BANKNIFTY CE 25,300 6.15 2,91,632 11,56,880 BANKNIFTY CE 25,200 14.00 2,63,350 9,52,240 LUPIN CE 1,100 16.80 4,786 5,24,800 PNB CE 170 3.50 4,577 48,58,000 RELIANCE CE 1,640 32.05 3,803 5,15,500 LUPIN CE 1,060 29.00 3,736 2,18,400 LUPIN CE 1,040 39.45 3,474 1,83,200 MOST ACTIVE PUT OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest BANKNIFTY PE 25,000 60.00 2,86,611 9,10,440 BANKNIFTY PE 24,800 15.10 2,36,224 7,52,160 BANKNIFTY PE 24,900 30.25 2,26,000 6,27,080 LUPIN PE 1,000 25.50 5,057 4,65,200 PNB PE 150 3.80 3,746 39,44,500 LUPIN PE 1,020 31.90 2,789 1,78,400 LUPIN PE 1,040 41.90 2,581 1,74,800 PNB PE 155 5.75 2,572 37,48,500 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 11296 935.64 25115 1995.84 251359 19511.79 -1060.19 INDEX OPTIONS 528936 48132.76 533876 48635.56 889977 68577.26 -502.79 STOCK FUTURES 94319 6891.03 95650 6932.84 788062 55563.73 -41.81 STOCK OPTIONS 80193 6044.23 79772 5990.77 76486 5806.27 53.45 -1551.00 STOCKS IN NEWS  RPP Infra Promoter A.Nithya releases pledge of 2,75,000 shares  Listing of RInfra’s infra investment trust delayed Jet airways to announce June results in September  Brookfield , 2 others bid for Vodafone and idea towers  Emami eyes more buys in heatlh care NIFTY FUTURE Last trading session NIFTY Future close near day’s low after RBI policy with bullish candlestick in daily chart ,and last session nifty future clearly show profit booking at higher level it's indicted some correction ahead, also broader markets ended on negative note, So we can follow sell on rise. We may see rise for that it will be good to sell Nifty future around 10120-10130 for the target of 10080-10050 with SL of 10160 INDICES R2 R1 PIVOT S1 S2 NIFTY 10173.0 10127.00 10090.00 10044.00 10007.00 BANKNIFTY 25331.00 25193.00 25059.00 24921.00 24787.00
  • 4. _____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o Special Report 03 Aug-2017 COMMODITY ROUNDUP COMEX Gold futures stayed weak today after hitting around two month highs. US Private sector hiring stayed strong in July as employers added 178,000 jobs ADP reported today. This is likely to keep Gold under stress after a series of strong global economic updates earlier this week. COMEX Gold is down 0.55% at $1272 per ounce. MCX Gold futures are trading flat around Rs 28430 per 10 grams. Activity in the US manufacturing sector saw continued growth in the month of July, according to a report released by the Insti- tute for Supply Management on Tuesday, although the pace growth slowed. COMEX Silver futures took a tumble in Asia as Gold prices slipped and commodities remained under stress in general. The metal had rose to a two month high yesterday, hitting almost $17 per ounce before correcting. The slide extended further today as the counter dropped 0.70% to trade at $16.64 per ounce. MCX Silver futures are also down 0.81% at Rs 38200 per kg right now. Copper prices moved down by 0.77 per cent to Rs 404.75 per kg in futures trade today as speculators cut down their bets amid subdued demand at the spot market. At the MCX copper futures for August 2017 contract is trading at Rs 404.75 per kg down by 0.77 per cent after opening at Rs 407.10 against a previous close of Rs 407.90. Aluminium futures were trading higher during the morning trade in the domestic market on Wednesday taking positive cues from spot market on pick-up in demand. Analysts said widening of positions by participants due to pick up in de- mand from consuming industries in the spot market mainly influenced aluminium prices at futures trade. At the MCX aluminium futures for August 2017 contract is trading at Rs 122.85 per kg up by 0.82 per cent after opening at Rs 122.25 against a previous close of Rs 121.85. It touched the intra-day high of Rs 122.85 The international crude oil price of Indian Basket as com- puted today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 51.24 per barrel (bbl) on 01.08.2017. This was higher than the price of US$ 50.80 per bbl on previous publishing day of 31.07.2017. In rupee terms, the price of Indian Basket in- creased to Rs. 3282.97 per bbl on 01.08.2017 as compared to Rs. 3255.21 per bbl on 31.07.2017. Rupee closed stronger at Rs. 64.07 per US$ on 01.08.2017 as compared to Rs. 64.08 per US$ on 31.07.2017. RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 28630 TGT 28680 28780 SL BELOW 28780 SELL GOLD BELOW 28450 TGT 28400 28300 SL ABOVE 28500 SILVER TRADING STRATEGY: BUY SILVER ABOVE 38400 TGT 38600 38900 SL BELOW 38200 SELL SILVER BELOW 37600 TGT 37400 37100 SL ABOVE 38800
  • 5. _____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o Special Report 03 Aug-2017 NCDEX INDICES Index Value % Change BARLEY 1416.50 -0.77 CASTOR SEEDS 44.09 -1.01 CORIANDER 4765 -1.10 COTTON SEED 1394 -3.99 GUAR SEED 3581 -0.72 JEERA 1890 -0.97 MUSTARDSEED 3695 -0.05 SOYA BEAN 2996 -0.56 TURMERIC 7550 -0.58 WHEAT 1650 -0.30 RECOMMENDATIONS DHANIYA BUY CORIANDER AUG ABOVE 4790 TGT 4760 4720 4670 SL BELOW 4840 SELL CORIANDER AUG BELOW 4700 TGT 4670 4630 4580 SL ABOVE 4750 GUARGUM BUY GUARGUM5 ABOVE 7630 TGT 7660 7700 7750 SL BELOW 7580 SELL GUARGUM5 BELOW 7400 TGT 7370 7330 7280 SL ABOVE 7450 Cardamom futures were trading lower during the evening trade in the domestic market on Wednesday as speculators booked profits at prevailing levels amid easing demand in the spot market. Analysts said besides profit booking by participants at existing level fall in demand against ade- quate stocks position mainly led to decline in cardamom prices at futures trade. At the MCX cardamom futures for August 2017 contract was trading at Rs 1153 per kg down by 0.58 per cent after opening at Rs 1160 against a previous close of Rs 1159.70. Mentha oil futures were trading higher during the evening trade in the domestic market on Wednesday amid pick-up in demand at domestic spot market and restricted supplies from producing regions. Market analysts said fresh posi- tions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chanteuse led to the rise in mentha oil prices in futures trade. At the MCX mentha oil futures for August 2017 contract was trading at Rs 1140.10 per kg up by 0.05 per cent after opening at Rs 1169 . Government-held wheat stocks on July 1, 2017, are officially reported at 32.3 MMT compared to 30.2 MMT a year ago. Industry sources report that government wheat stocks are sufficient to meet the government commitment for the Na- tional Food Security Act through the PDS and other food programs (27 MMT) and buffer stock (7.5 MMT ending stocks) requirement, with a surplus of only about 4 MMT for open market sales (OMS). [OMS sale of wheat in last 5 years has ranged from 4.2 MMT to 7 MMT per annum.] If the government decides to augment their government stocks to higher than the buffer stock norms, wheat avail- able for OMS will be further reduced, which has to be aug- mented through imports.
  • 6. _____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o Special Report 03 Aug-2017 RBI Reference Rate Currency Rate Currency Rate Rupee- $ 64.069 Yen 57.860 Euro 75.748 GBP 84.641 USD/INR BUY USD/INR ABOVE 63.90 TGT 64.05 64.25 SL 63.70 SELL USD/INR BELOW 63.70 TGT 63.55 63.35 SL 63.90 EUR/INR BUY EUR/INR ABOVE 75.85 TGT 76.00 76.20 SL 75.65 SELL EUR/INR BELOW 75.75 TGT 75.60 75.40 SL 75.95 CURRENCY MARKET UPDATES The Indian rupee dipped lower against the dollar in early trades on Wednesday, 02 August 2017 on increased de- mand for the greenback from importers ahead of RBI pol- icy decision. The two-day monetary policy meeting con- cludes today. However, domestic equities soaring to new highs and the dollar's weakness against other currencies overseas limited the rupee's fall. The domestic currency opened at Rs 64.12 against the dol- lar and dipped to a low of 64.1350 before recovering to a high of 64.10 so far during the day. In the spot currency market, the Indian unit was last seen trading at 64.11. Yes- terday, the rupee had racked up strong gains to end at a fresh two-and-a-half month high of 64.07 against the US currency, appreciating by 12 paise on heavy dollar selling amid expectations of a rate cut by the Reserve Bank. Local equities hovered in a narrow range near the flat line in morning trade. At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 27.15 points or 0.08% at 32,606.32. The Nifty 50 index was down 2.75 points or 0.03% at 10,111.90. Both the Sensex, and the Nifty, had hit hit record high in early trade on firmness in Asian stocks. Overseas, most Asian stocks rose helped by strong results from Apple. US stocks closed higher yesterday, 1 August 2017 and the Dow Jones Industrials Average racked up a fifth straight record high powered by Goldman Sachs, JPMorgan Chase and other banks. Meanwhile, the U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, rose 0.03% to 92.94. Overnight, the dol- lar traded higher against a basket of global currencies, de- spite economic data showing the pace of inflation re- mained lacklustre while manufacturing activity undershot expectations, capping gains in the greenback.
  • 7. _____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o Special Report 03 Aug-2017 Date Commodity/ Cur- rency Pairs Contract Strategy Entry Level Target Stop Loss Remark 01/08/17 NCDEX DHANIYA OCT. BUY 4850 48804920 4800 NOT EXECUTED 01/08/17 NCDEX DHANIYA OCT. SELL 4800 4770-4680 4850 TARGET HIT 01/08/17 NCDEX GUARGUM SEP. BUY 7630 7660-7700 7580 NOT EXECUTED 01/08/17 NCDEX GUARGUM SEP. SELL 7630 7600-7560 7680 NOT EXECUTED 01/08/17 MCX GOLD OCT. BUY 28850 28900-29000 28750 NOT EXECUTED 01/08/17 MCX GOLD OCT. SELL 28500 28450-28350 28600 SL TRIGGERED 01/08/17 MCX SILVER SEP. BUY 38700 38900-39200 38500 NOT EXECUTED 01/08/17 MCX SILVER SEP. SELL 38200 38000-37700 38500 TARGET HIT Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 01/08/17 NIFTY FUTURE BUY 10000-10120 10150-10200 9950 TARGET HIT 01/08/17 VOLTAS FUTURE BUY 531 535-540 525 TARGET HIT 01/08/17 MOTHERSUMI FUTURE BUY 331 335-340 325 TARGET HIT 01/08/17 HUBTOWN CASH BUY 127.50 132-133 122 OPEN
  • 8. _____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd w w w . e p i c r e s e a r c h . c o Special Report 03 Aug-2017 NEXT WEEK'S U.S. ECONOMIC REPORTS 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 liabil- ity) 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 infor- mation and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The re- port does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments 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 expressed 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 REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS MONDAY, JULY 31 9:45 am Chicago PMI July -- 65.7 10 am Pending home sales June -- -0.8% TUESDAY, AUG. 1 8:30 am Personal income June 0.4% 0.4% 8:30 am Consumer spending June 0.1% 0.1% 8:30 am Core inflation June 0.1% 0.1% 9:45 am Markit manufacturing PMI July -- 53.2 10 am ISM manufacturing July 56.3% 57.8% 10 am Construction spending June 0.5% 0.0% Varies Motor vehicle sales July 16.8mln 16.4 mln WEDNESDAY, AUG. 2 8:15 am ADP employment July -- 158,000 THURSDAY, AUG. 3 8:30 am Weekly jobless claims 7/29 242,000 244,000 9:45 am Markit services PMI July -- 54.2 10 am ISM nonmanufacturing July 56.9% 57.4% 10 am Factory orders June 3.0% -0.8% FRIDAY, AUG. 4 8:30 am Nonfarm payrolls July 185,000 222,000 8:30 am Unemployment rate July 4.3 4.4% 8:30 am Average hourly earnings July .3 0.2% 8:30 am Trade deficit June -$44.3bln -$46.5bln Priya Mory a Digitally signed by Priya Morya DN: cn=Priya Morya c=IN o=Personal Reason: I am the author of this document Location: Date: 2017-08-03 08:59+05:30