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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
21 Aug-2017
Global markets at a glance
US stocks lost ground late to end lower on Friday following
a White House-focused week that raised more questions
about the Trump administration's ability to implement its
pro-growth agenda. While the day's losses were small, Fri-
day marked the first time stocks haven't risen the day after
a more than 1 percent drop since Donald Trump was
elected president on November 8. The week's losses fur-
ther dented the post-election rally, which was built on
Trump's promises of tax cuts and higher infrastructure
spending. Thursday's 1.5-percent drop in the S&P 500 came
a week after a similar fall.
Stock markets in Europe have fallen after the Barcelona
attack, with shares in airline, hotel and travel companies
among the hardest hit. IAG, the parent company of British
Airways and the Spanish carrier Iberia, fell 2% on Friday.
Ryanair and easy Jet posted more modest losses, while Air
France-KLM ended the day 1.6% down. InterContinental
Hotels Group lost 1.6%, and more broadly, the European
travel and leisure index fell 1.5%.
Asia markets were subdued in early Monday trade as inves-
tors digested political developments in Washington while
US-South Korea joint military drills kicked off. Japan's Nik-
kei 225 slid 0.12 percent as gains in oil stocks was offset by
softness in most automakers and technology names. Across
the Korean strait, the Kospi was off 0.07 percent in early
trade. Down Under, the S&P/ASX 200 declined 0.60 per-
cent, with weakness in the health care and utilities sub-
indexes leading losses. The heavily-weighted financials sub-
index traded lower by 0.76 percent.
Previous day Roundup
Key benchmark indices mirrored decline in global stock
markets on rising doubts about US President Donald
Trump's ability to deliver his economic agenda. The ba-
rometer index, the S&P BSE Sensex, fell 270.78 points or
0.85% to settle at 31,524.68. The Nifty 50 index fell 66.75
points or 0.67% to settle at 9,837.40. Bulk of today's steep
market slide was triggered by a sharp slump in index heavy-
weight and IT major Infosys.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Consumer Durables [up
37.85pts.], Capital Goods [down 27.06pts], PSU [down 5.47
pts], FMCG [up 75.75pts], Realty [down 19.43pts], Power
[down 9.64pts], Auto [down 28.52pts], Healthcare [down
209.73pts], IT [down 369.19pts], Metals [down 94.88
pts], TECK [down 156.66pts], Oil& Gas [up 134.55pts].
World Indices
Index Value % Change
DJI 21720.00 -1.19
S&P500 2427.00 -1.39
NASDAQ 6216.53 -0.09
FTSE100 732398 -0.87
NIKKEI 19384.64 -0.44
HANG SENG 27125.90 +0.29
Top Gainers
Company CMP Change % Chg
INFRATEL 395.00 15.65 4.13
BPCL 504.60 10.90 2.21
EICHERMOT 31,589.95 661.95 2.14
HINDUNILVR 1,201.90 24.60 2.09
ULTRACEMCO 4,012.00 79.10 2.01
Top Losers
Company CMP Change % Chg
INFY 923.15 -97.70 -9.57
SUNPHARMA 470.45 -17.80 -3.65
ZEEL 511.00 -15.75 -2.99
VEDL 298.40 -6.40 -2.10
NTPC 173.40 -3.40 -1.92
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
AGRITECH 83.00 2.65 3.30
BATAINDIA 679.00 3.00 0.44
BEML 1,885.55 26.70 1.44
BLUESTARCO 714.70 -24.45 -3.31
DEEPAKFERT 388.00 15.60 4.19
EMKAY 204.00 4.25 2.13
GABRIEL 174.70 -3.25 -1.83
Indian Indices
Company CMP Change % Chg
NIFTY 9837.40 -66.75 -0.67
SENSEX 31524.68 -270.78 -0.85
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
AFL 33.70 1.60 4.98
APOLLOHOSP 1,067.80 -33.65 -3.06
BLUEBLENDS 29.50 -1.35 -4.38
_____________________________________________________________________________________________________________________
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
21 Aug-2017
STOCK RECOMMENDATION [CASH]
DEEPAKFERT[CASH]
the stock has shown good upside move and closed with
long bullish candle on daily chart rose with heavy volume
participation, the stock also crossed 384 resistance level
and closed above this level for which we may see good
upside move and its a good buy above 390 for target of
400 with Sl below 383
MACRO NEW
 FPI net outflow from equities at Rs 7,344 crore in Au-
gust
 Jubilant Life's Canadian arm gets US FDA nod for Drax
Exametazime application
 MRPL to raise Rs 3,000 crore through issue of non-
convertible debentures (NCDs)
 Indian Hotels plans to raise Rs 1,000 crore via rights
issue
 Piramal Enterprises in focus - Piramal Finance loans Rs
1,000 crore to Rustomjee
 Two fixed deposit holders take Jaiprakash Associates to
NCLT: BS
 Reliance Capital in focus - Reliance Nippon Life Asset
Management files for IPO
 Laurus Labs USFDA completed inspection of API facili-
ties in Unit 1 and 3 in Parawada with 2 observations
 ICICI Bank Revises interest rates on savings bank ac-
count , Interest rate on deposits below Rs 50 lakh re-
vised to 3.5 percent
 HDFC Life files for IPO -Initial public offering of up to
29.98 crore equity shares
 Infosys US investor rights firms prepare to investigate
potential claim against Infosys
RECOMMENDATIONS [FUTURE]
1.HINDUNILVR [FUTURE ]
Last Week HINDUNILVR future respect 1150 level it’s strong
support level and close above this level with bulllish candle-
stick in weekly chart. and last session of previous week fu-
ture given out performance and close with bullish candle-
stick in daily chart. And since last session it rose with rising
OI in long side , So we may see sharp run up ahead for that
it will good to buy above 1200 for target of 1210-1225 with
SL of 1190
2.JUSTDIAL [FUTURE]
Last week JUSTDIAL future show good strength, and last
week HDFCBANK good bounce back at lower level and close
near weekly high with bullish candlestick in weekly chart,
and stock show continued buying at lower levels. So it’s
good we can follow buying strategy. We may see rise for
that it will be good to buy above 370 for the target of 376-
385 with SL of 362.
_____________________________________________________________________________________________________________________
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
21 Aug-2017
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 9,900 61.25 2,72,772 41,06,475
NIFTY CE 10,000 27.10 2,40,314 59,03,925
NIFTY CE 9,800 117.00 1,46,101 31,50,375
INFY CE 1,000 12.00 29,449 44,56,000
INFY CE 960 21.85 18,251 21,65,500
INFY CE 980 16.20 15,068 16,48,000
INFY CE 940 29.50 13,429 14,21,000
INFY CE 1,020 8.50 12,095 15,55,500
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 9,800 67.85 3,00,906 58,92,825
NIFTY PE 9,700 41.55 2,14,993 45,38,400
NIFTY PE 9,900 109.00 1,66,238 29,69,025
INFY PE 900 21.95 27,784 17,84,000
INFY PE 940 41.00 13,031 8,32,000
INFY PE 920 31.00 12,791 5,69,500
INFY PE 880 15.00 10,160 5,22,500
INFY PE 860 9.90 9,410 7,79,500
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 23925 1985.70 29950 2371.03 341403 25760.64 -385.32
INDEX OPTIONS 670691 54304.65 686901 55746.66 1182230 89600.83 -1442.01
STOCK FUTURES 131669 8913.42 145892 9577.79 838290 57377.07 -664.37
STOCK OPTIONS 127217 8386.72 129431 8499.18 154879 10859.92 -112.46
-2604.00
STOCKS IN NEWS
 HUL, ITC biggest gainers as 8 of top 10 cos add Rs
54,968 crore in market cap
 Gujarat Fluorochemicals in focus - Russia’s Rosatom
eye Inox's wind turbine manufacturing business:
NIFTY FUTURE
As compare to Nifty index bank nifty faced much selling
pressure in the last week since it July expiry it finished
with evening star pattern on weekly chart while in last
week around 24500 it breached sharply according to
chart it has support around 23500 since it finished at
24097 so down side can be see up to 23500 for that it
can be sell around 24100-24150 for target of 24000
23800 with stop loss of 24300
INDICES R2 R1 PIVOT S1 S2
NIFTY 9854.00 9824.00 9788.00 9758.00 9722.00
BANKNIFTY 24295.00 24204.00 24121.00 21031.00 23947.00
_____________________________________________________________________________________________________________________
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
21 Aug-2017
COMMODITY ROUNDUP
COMEX Gold managed to stay supported around its two
month highs today amid a jaded undertone in global equi-
ties. Strong Indian demand hopes and sustained safe haven
buying also helped the yellow metal. The US dollar slipped
lower against other major currencies on Friday, as ongoing
US political tensions and doubts over an additional rate hike
by the Federal Reserve this year continued to weigh. The US
dollar index is quoting around 93.50 levels, down 0.15% on
the day. COMEX Gold is quoting at $1294 per ounce, up
0.13% on the day. MCX Gold futures are trading at Rs 29371
India's Gold imports came in at Rs 13554 crores in July 2017,
up by 87% on July 2016. The Silver imports came in at Rs
1133 crores, soaring by 209%. The figures in US dollar terms
were 2102 Million dollar and 176 Million Dollar, marking a
spurt of 95% and 222% respectively. Gold managed to see
good buying yesterday as a terror attack in Barcelona domi-
nated attention. Weakness in US equities also supported
the precious metal. Political worries in US hit the sentiments
and a hefty the sell-off on the day took the S&P 500
dropped to its lowest closing level in over a month.
Copper was trying to break the shackles in the evening
trades on Multi Commodity Exchange. Indian copper was
trading at INR 417 per kg, up 0.31%. Mining major BHP an-
nounced approval of capital expenditure of US$2.46 billion
for the Spence Growth Option (SGO) at the Spence open-cut
copper mine in northern Chile, which will extend the mine
life by more than 50 years. BHP Chief Executive Officer An-
drew Mackenzie said the SGO project supports BHP's strat-
egy to deliver near-term, valuable copper production. In the
first 10 years of operation, incremental production from
SGO will be approximately 185 ktpa of payable copper in
concentrate and 4 ktpa of payable molybdenum, with first
production expected in the 2021 financial year.
Crude oil futures stayed mixed yesterday after a massive
drop on Wednesday. Oil had dropped despite a significant
drop in US oil inventories on ideas that OPEC will fail to re-
balance global oil markets with its supply quota. WTI Oil
extended a drop under $50 per barrel and weakness in US
equities also weighed on the counter yesterday. The com-
modity currently trades flat around $47.06 mark. MCX
Crude oil futures tested low around Rs 2980 per barrel be-
fore ending around Rs 3020 levels.The latest Energy Infor-
mation Administration (EIA) data recorded an inventory
draw of 8.95 million (mn) barrels for the week ending Au-
gust 11th following a draw of 6.45 million barrels the previ-
ous week.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 29220 TGT 29270 29370 SL BELOW
29170
SELL GOLD BELOW 29050 TGT 29000 29900 SL ABOVE
29100
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 39200 TGT 39400 39700 SL BELOW
39000
SELL SILVER BELOW 38900 TGT 38700 38400 SL ABOVE
39100
_____________________________________________________________________________________________________________________
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
21 Aug-2017
NCDEX INDICES
Index Value % Change
BARLEY 1466 1.59
CASTOR SEEDS 4660 0.37
CORIANDER 4844 2.32
COTTON SEED 1485 -1.00
GUAR SEED 3930 1.81
JEERA 19660 0.25
MUSTARDSEED 3783 -0.16
SOYA BEAN 3180 0.00
TURMERIC 7436 +1.75
WHEAT 1660 -0.48
RECOMMENDATIONS
DHANIYA
BUY CORIANDER AUG ABOVE 4730 TGT 4760 4800
4850 SL BELOW 4680
SELL CORIANDER AUG BELOW 4670 TGT 4640 4600 4550 SL
ABOVE 4720
GUARGUM
BUY GUARGUM5 ABOVE 8140 TGT 8170 8210 8260
SL BELOW 8090
SELL GUARGUM5 BELOW 8110 TGT 8080 8040 7990 SL
ABOVE 8160
Cardamom futures were trading higher during the evening
trade in the domestic market on Friday as investors and
speculators extended their positions in the agri-commodity
amid rise in physical demand for cardamom in the domestic
spot market. Further insufficient supplies on higher physical
arrivals from the major cardamom producing regions sup-
ported the upward trend in the domestic cardamom prices.
At the MCX cardamom futures for September 2017 contract
was trading at Rs 1215.90 per kg up by 0.76 per cent after
opening at Rs 1205 against a previous close of Rs 1206.70. It
touched the intra-day high of Rs 1232
The total sown area as on 18th August 2017, as per reports
received from States, stands at 976.34 lakh hectare as com-
pared to 984.57 lakh hectare at this time last year. This
marks a modest drop of 0.84%. Acreage under Rice is up
0.42%, Sugarcane is up 9% while Cotton is up by a sharp
16%. However, area under Oilseeds is down 10%, Coarse
Cereals is down 4% and Pulses is down 3.50%.
As per latest release by Foreign Agricultural Service of the
U.S. Department of Agriculture, Policy shifts, adverse
weather conditions and logistical bottlenecks are factors
contributing to an expected downtick in forecast corn pro-
duction in China during the 2017-18 marketing year. In its
report, the USDA forecast 2017-18 corn production in China
at 210 million tonnes, down 5 million tonnes from the
agency's forecast in July and down 4% from the 2016-17
marketing year. According to the USDA, high temperatures
have negatively affected yield potential for the 2017-18
crop. Meanwhile, corn harvested area for the 2017-18 mar-
keting year was forecast at 35 million hectares, down 5%
from 2017-17, led lower by policy-driven issues, the USDA
note
_____________________________________________________________________________________________________________________
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
21 Aug-2017
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 64.104 Yen 58.630
Euro 75.207 GBP 82.618
USD/INR
BUY USD/INR ABOVE 64.20 TGT 64.35 64.55 SL 64.05
SELL USD/INR BELOW 64.10 TGT 63.95 63.75 SL 64.30
EUR/INR
BUY EUR/INR ABOVE 75.70 TGT 75.85 76.05 SL 75.50
SELL EUR/INR BELOW 75.30 TGT 75.15 74.95 SL 75.50
The US Conference Board said its leading economic index
increased by 0.3 percent in July after climbing by 0.6 per-
cent in June. The Conference Board released a report on
Thursday showing that its index of leading economic indi-
cators rose in line with estimates in July, suggesting the
U.S. economy may experience further improvements in
activity in the second half of the year. The report said the
coincident economic index rose by 0.3 percent in July after
inching up by 0.1 percent in June. The lagging economic
index also ticked up by 0.1 percent in July after rising by
0.2 percent in the previous month.
The rupee edged lower by two paise to 64.17 against the
US dollar in early trade today on sustained foreign fund
outflows. Traders attributed the rupee's fall to increased
demand for the US currency from importers and banks and
a lower opening in the domestic equity market. However,
dollar's weakness against some currencies overseas limited
the rupee's fall, they added. the rupee ended with a mod-
est loss of 3 paise at 64.15 against the greenback even as
local equities put up a strong performance.
The Indian rupee opened marginally lower at 64.18 per
dollar on Friday versus 64.15 Wednesday. "Dollar index
bounced on the basis of European Central Bank (ECB) con-
cerns on euro strength. The USD-INR pair consequently
could move a little higher keeping pace with other Asian
currencies. We expect a range of 64.15-64.40 for the
day." , "The 10-year benchmark yield is expected to trade
within the 6.52-6.54 percent range today." The dollar
edged up against a basket of currencies in the overnight
session after earlier falling on trump administration woes.
However, the US currency remained subdued against the
yen. Meanwhile, the euro softened as traders digested
minutes from the ECB.
_____________________________________________________________________________________________________________________
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
21 Aug-2017
Date
Commodity/ Cur-
rency Pairs
Contract Strategy Entry Level Target
Stop
Loss
Remark
18/08/17 NCDEX DHANIYA OCT. BUY 4640 4670-4710 4590 TARGET HIT
18/08/17 NCDEX DHANIYA OCT. SELL 4600 4570-4530 4650 NOT EXECUTED
18/08/17 NCDEX GUARGUM OCT. BUY 8160 8190-8230 8110 TARGET HIT
18/08/17 NCDEX GUARGUM OCT. SELL 7900 7960-7920 8040 NOT EXECUTED
18/08/17 MCX GOLD OCT. BUY 29250 29300-29400 29200 TARGET HIT
18/08/17 MCX GOLD OCT. SELL 29000 28950-28850 29050 NOT EXECUTED
18/08/17 MCX SILVER SEP. BUY 39400 39600-39900 39200 TARGET HIT
18/08/17 MCX SILVER SEP. SELL 38900 38700-38400 39100 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
18/08/17 NIFTY FUTURE SELL 9940-9950 9900-9850 1000 NOT EXECUTED
18/08/17 INFY FUTURE BUY 1025 10351050 1010 NOT EXECUTED
18/08/17 BHARATFIN FUTURE BUY 850 860-875 840 TARGET HIT
18/08/17 V2RATAIL CASH BUY 355 362-370 348 NOT EXECUTED
_____________________________________________________________________________________________________________________
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
21 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, AUG. 21
8:30 am Chicago national activity index July 0.13
TUESDAY, AUG. 22
None scheduled
WEDNESDAY, AUG. 23
9:45 am Markit manufacturing PMI (flash) Aug. 53.3
9:45 am Markit services PMI (flash) Aug. 54.7
10 am New home sales July 610,000
THURSDAY, AUG. 24
8:30 am Weekly jobless claims 8/19 232,000
10 am Existing home sales July 5.52 mln
FRIDAY, AUG. 25
8:30 am Durable goods orders July 6.4%
8:30 am Core capital goods orders July 0.0%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: 2017-08-21
09:06+05:30

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Special report by epic research of 21 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 21 Aug-2017 Global markets at a glance US stocks lost ground late to end lower on Friday following a White House-focused week that raised more questions about the Trump administration's ability to implement its pro-growth agenda. While the day's losses were small, Fri- day marked the first time stocks haven't risen the day after a more than 1 percent drop since Donald Trump was elected president on November 8. The week's losses fur- ther dented the post-election rally, which was built on Trump's promises of tax cuts and higher infrastructure spending. Thursday's 1.5-percent drop in the S&P 500 came a week after a similar fall. Stock markets in Europe have fallen after the Barcelona attack, with shares in airline, hotel and travel companies among the hardest hit. IAG, the parent company of British Airways and the Spanish carrier Iberia, fell 2% on Friday. Ryanair and easy Jet posted more modest losses, while Air France-KLM ended the day 1.6% down. InterContinental Hotels Group lost 1.6%, and more broadly, the European travel and leisure index fell 1.5%. Asia markets were subdued in early Monday trade as inves- tors digested political developments in Washington while US-South Korea joint military drills kicked off. Japan's Nik- kei 225 slid 0.12 percent as gains in oil stocks was offset by softness in most automakers and technology names. Across the Korean strait, the Kospi was off 0.07 percent in early trade. Down Under, the S&P/ASX 200 declined 0.60 per- cent, with weakness in the health care and utilities sub- indexes leading losses. The heavily-weighted financials sub- index traded lower by 0.76 percent. Previous day Roundup Key benchmark indices mirrored decline in global stock markets on rising doubts about US President Donald Trump's ability to deliver his economic agenda. The ba- rometer index, the S&P BSE Sensex, fell 270.78 points or 0.85% to settle at 31,524.68. The Nifty 50 index fell 66.75 points or 0.67% to settle at 9,837.40. Bulk of today's steep market slide was triggered by a sharp slump in index heavy- weight and IT major Infosys. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Consumer Durables [up 37.85pts.], Capital Goods [down 27.06pts], PSU [down 5.47 pts], FMCG [up 75.75pts], Realty [down 19.43pts], Power [down 9.64pts], Auto [down 28.52pts], Healthcare [down 209.73pts], IT [down 369.19pts], Metals [down 94.88 pts], TECK [down 156.66pts], Oil& Gas [up 134.55pts]. World Indices Index Value % Change DJI 21720.00 -1.19 S&P500 2427.00 -1.39 NASDAQ 6216.53 -0.09 FTSE100 732398 -0.87 NIKKEI 19384.64 -0.44 HANG SENG 27125.90 +0.29 Top Gainers Company CMP Change % Chg INFRATEL 395.00 15.65 4.13 BPCL 504.60 10.90 2.21 EICHERMOT 31,589.95 661.95 2.14 HINDUNILVR 1,201.90 24.60 2.09 ULTRACEMCO 4,012.00 79.10 2.01 Top Losers Company CMP Change % Chg INFY 923.15 -97.70 -9.57 SUNPHARMA 470.45 -17.80 -3.65 ZEEL 511.00 -15.75 -2.99 VEDL 298.40 -6.40 -2.10 NTPC 173.40 -3.40 -1.92 Stocks at 52 Week’s HIGH Symbol Prev. Close Change %Chg AGRITECH 83.00 2.65 3.30 BATAINDIA 679.00 3.00 0.44 BEML 1,885.55 26.70 1.44 BLUESTARCO 714.70 -24.45 -3.31 DEEPAKFERT 388.00 15.60 4.19 EMKAY 204.00 4.25 2.13 GABRIEL 174.70 -3.25 -1.83 Indian Indices Company CMP Change % Chg NIFTY 9837.40 -66.75 -0.67 SENSEX 31524.68 -270.78 -0.85 Stocks at 52 Week’s LOW Symbol Prev. Close Change %Chg AFL 33.70 1.60 4.98 APOLLOHOSP 1,067.80 -33.65 -3.06 BLUEBLENDS 29.50 -1.35 -4.38
  • 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 21 Aug-2017 STOCK RECOMMENDATION [CASH] DEEPAKFERT[CASH] the stock has shown good upside move and closed with long bullish candle on daily chart rose with heavy volume participation, the stock also crossed 384 resistance level and closed above this level for which we may see good upside move and its a good buy above 390 for target of 400 with Sl below 383 MACRO NEW  FPI net outflow from equities at Rs 7,344 crore in Au- gust  Jubilant Life's Canadian arm gets US FDA nod for Drax Exametazime application  MRPL to raise Rs 3,000 crore through issue of non- convertible debentures (NCDs)  Indian Hotels plans to raise Rs 1,000 crore via rights issue  Piramal Enterprises in focus - Piramal Finance loans Rs 1,000 crore to Rustomjee  Two fixed deposit holders take Jaiprakash Associates to NCLT: BS  Reliance Capital in focus - Reliance Nippon Life Asset Management files for IPO  Laurus Labs USFDA completed inspection of API facili- ties in Unit 1 and 3 in Parawada with 2 observations  ICICI Bank Revises interest rates on savings bank ac- count , Interest rate on deposits below Rs 50 lakh re- vised to 3.5 percent  HDFC Life files for IPO -Initial public offering of up to 29.98 crore equity shares  Infosys US investor rights firms prepare to investigate potential claim against Infosys RECOMMENDATIONS [FUTURE] 1.HINDUNILVR [FUTURE ] Last Week HINDUNILVR future respect 1150 level it’s strong support level and close above this level with bulllish candle- stick in weekly chart. and last session of previous week fu- ture given out performance and close with bullish candle- stick in daily chart. And since last session it rose with rising OI in long side , So we may see sharp run up ahead for that it will good to buy above 1200 for target of 1210-1225 with SL of 1190 2.JUSTDIAL [FUTURE] Last week JUSTDIAL future show good strength, and last week HDFCBANK good bounce back at lower level and close near weekly high with bullish candlestick in weekly chart, and stock show continued buying at lower levels. So it’s good we can follow buying strategy. We may see rise for that it will be good to buy above 370 for the target of 376- 385 with SL of 362.
  • 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 21 Aug-2017 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 9,900 61.25 2,72,772 41,06,475 NIFTY CE 10,000 27.10 2,40,314 59,03,925 NIFTY CE 9,800 117.00 1,46,101 31,50,375 INFY CE 1,000 12.00 29,449 44,56,000 INFY CE 960 21.85 18,251 21,65,500 INFY CE 980 16.20 15,068 16,48,000 INFY CE 940 29.50 13,429 14,21,000 INFY CE 1,020 8.50 12,095 15,55,500 MOST ACTIVE PUT OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY PE 9,800 67.85 3,00,906 58,92,825 NIFTY PE 9,700 41.55 2,14,993 45,38,400 NIFTY PE 9,900 109.00 1,66,238 29,69,025 INFY PE 900 21.95 27,784 17,84,000 INFY PE 940 41.00 13,031 8,32,000 INFY PE 920 31.00 12,791 5,69,500 INFY PE 880 15.00 10,160 5,22,500 INFY PE 860 9.90 9,410 7,79,500 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 23925 1985.70 29950 2371.03 341403 25760.64 -385.32 INDEX OPTIONS 670691 54304.65 686901 55746.66 1182230 89600.83 -1442.01 STOCK FUTURES 131669 8913.42 145892 9577.79 838290 57377.07 -664.37 STOCK OPTIONS 127217 8386.72 129431 8499.18 154879 10859.92 -112.46 -2604.00 STOCKS IN NEWS  HUL, ITC biggest gainers as 8 of top 10 cos add Rs 54,968 crore in market cap  Gujarat Fluorochemicals in focus - Russia’s Rosatom eye Inox's wind turbine manufacturing business: NIFTY FUTURE As compare to Nifty index bank nifty faced much selling pressure in the last week since it July expiry it finished with evening star pattern on weekly chart while in last week around 24500 it breached sharply according to chart it has support around 23500 since it finished at 24097 so down side can be see up to 23500 for that it can be sell around 24100-24150 for target of 24000 23800 with stop loss of 24300 INDICES R2 R1 PIVOT S1 S2 NIFTY 9854.00 9824.00 9788.00 9758.00 9722.00 BANKNIFTY 24295.00 24204.00 24121.00 21031.00 23947.00
  • 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 21 Aug-2017 COMMODITY ROUNDUP COMEX Gold managed to stay supported around its two month highs today amid a jaded undertone in global equi- ties. Strong Indian demand hopes and sustained safe haven buying also helped the yellow metal. The US dollar slipped lower against other major currencies on Friday, as ongoing US political tensions and doubts over an additional rate hike by the Federal Reserve this year continued to weigh. The US dollar index is quoting around 93.50 levels, down 0.15% on the day. COMEX Gold is quoting at $1294 per ounce, up 0.13% on the day. MCX Gold futures are trading at Rs 29371 India's Gold imports came in at Rs 13554 crores in July 2017, up by 87% on July 2016. The Silver imports came in at Rs 1133 crores, soaring by 209%. The figures in US dollar terms were 2102 Million dollar and 176 Million Dollar, marking a spurt of 95% and 222% respectively. Gold managed to see good buying yesterday as a terror attack in Barcelona domi- nated attention. Weakness in US equities also supported the precious metal. Political worries in US hit the sentiments and a hefty the sell-off on the day took the S&P 500 dropped to its lowest closing level in over a month. Copper was trying to break the shackles in the evening trades on Multi Commodity Exchange. Indian copper was trading at INR 417 per kg, up 0.31%. Mining major BHP an- nounced approval of capital expenditure of US$2.46 billion for the Spence Growth Option (SGO) at the Spence open-cut copper mine in northern Chile, which will extend the mine life by more than 50 years. BHP Chief Executive Officer An- drew Mackenzie said the SGO project supports BHP's strat- egy to deliver near-term, valuable copper production. In the first 10 years of operation, incremental production from SGO will be approximately 185 ktpa of payable copper in concentrate and 4 ktpa of payable molybdenum, with first production expected in the 2021 financial year. Crude oil futures stayed mixed yesterday after a massive drop on Wednesday. Oil had dropped despite a significant drop in US oil inventories on ideas that OPEC will fail to re- balance global oil markets with its supply quota. WTI Oil extended a drop under $50 per barrel and weakness in US equities also weighed on the counter yesterday. The com- modity currently trades flat around $47.06 mark. MCX Crude oil futures tested low around Rs 2980 per barrel be- fore ending around Rs 3020 levels.The latest Energy Infor- mation Administration (EIA) data recorded an inventory draw of 8.95 million (mn) barrels for the week ending Au- gust 11th following a draw of 6.45 million barrels the previ- ous week. RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD ABOVE 29220 TGT 29270 29370 SL BELOW 29170 SELL GOLD BELOW 29050 TGT 29000 29900 SL ABOVE 29100 SILVER TRADING STRATEGY: BUY SILVER ABOVE 39200 TGT 39400 39700 SL BELOW 39000 SELL SILVER BELOW 38900 TGT 38700 38400 SL ABOVE 39100
  • 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 21 Aug-2017 NCDEX INDICES Index Value % Change BARLEY 1466 1.59 CASTOR SEEDS 4660 0.37 CORIANDER 4844 2.32 COTTON SEED 1485 -1.00 GUAR SEED 3930 1.81 JEERA 19660 0.25 MUSTARDSEED 3783 -0.16 SOYA BEAN 3180 0.00 TURMERIC 7436 +1.75 WHEAT 1660 -0.48 RECOMMENDATIONS DHANIYA BUY CORIANDER AUG ABOVE 4730 TGT 4760 4800 4850 SL BELOW 4680 SELL CORIANDER AUG BELOW 4670 TGT 4640 4600 4550 SL ABOVE 4720 GUARGUM BUY GUARGUM5 ABOVE 8140 TGT 8170 8210 8260 SL BELOW 8090 SELL GUARGUM5 BELOW 8110 TGT 8080 8040 7990 SL ABOVE 8160 Cardamom futures were trading higher during the evening trade in the domestic market on Friday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further insufficient supplies on higher physical arrivals from the major cardamom producing regions sup- ported the upward trend in the domestic cardamom prices. At the MCX cardamom futures for September 2017 contract was trading at Rs 1215.90 per kg up by 0.76 per cent after opening at Rs 1205 against a previous close of Rs 1206.70. It touched the intra-day high of Rs 1232 The total sown area as on 18th August 2017, as per reports received from States, stands at 976.34 lakh hectare as com- pared to 984.57 lakh hectare at this time last year. This marks a modest drop of 0.84%. Acreage under Rice is up 0.42%, Sugarcane is up 9% while Cotton is up by a sharp 16%. However, area under Oilseeds is down 10%, Coarse Cereals is down 4% and Pulses is down 3.50%. As per latest release by Foreign Agricultural Service of the U.S. Department of Agriculture, Policy shifts, adverse weather conditions and logistical bottlenecks are factors contributing to an expected downtick in forecast corn pro- duction in China during the 2017-18 marketing year. In its report, the USDA forecast 2017-18 corn production in China at 210 million tonnes, down 5 million tonnes from the agency's forecast in July and down 4% from the 2016-17 marketing year. According to the USDA, high temperatures have negatively affected yield potential for the 2017-18 crop. Meanwhile, corn harvested area for the 2017-18 mar- keting year was forecast at 35 million hectares, down 5% from 2017-17, led lower by policy-driven issues, the USDA note
  • 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 21 Aug-2017 RBI Reference Rate Currency Rate Currency Rate Rupee- $ 64.104 Yen 58.630 Euro 75.207 GBP 82.618 USD/INR BUY USD/INR ABOVE 64.20 TGT 64.35 64.55 SL 64.05 SELL USD/INR BELOW 64.10 TGT 63.95 63.75 SL 64.30 EUR/INR BUY EUR/INR ABOVE 75.70 TGT 75.85 76.05 SL 75.50 SELL EUR/INR BELOW 75.30 TGT 75.15 74.95 SL 75.50 The US Conference Board said its leading economic index increased by 0.3 percent in July after climbing by 0.6 per- cent in June. The Conference Board released a report on Thursday showing that its index of leading economic indi- cators rose in line with estimates in July, suggesting the U.S. economy may experience further improvements in activity in the second half of the year. The report said the coincident economic index rose by 0.3 percent in July after inching up by 0.1 percent in June. The lagging economic index also ticked up by 0.1 percent in July after rising by 0.2 percent in the previous month. The rupee edged lower by two paise to 64.17 against the US dollar in early trade today on sustained foreign fund outflows. Traders attributed the rupee's fall to increased demand for the US currency from importers and banks and a lower opening in the domestic equity market. However, dollar's weakness against some currencies overseas limited the rupee's fall, they added. the rupee ended with a mod- est loss of 3 paise at 64.15 against the greenback even as local equities put up a strong performance. The Indian rupee opened marginally lower at 64.18 per dollar on Friday versus 64.15 Wednesday. "Dollar index bounced on the basis of European Central Bank (ECB) con- cerns on euro strength. The USD-INR pair consequently could move a little higher keeping pace with other Asian currencies. We expect a range of 64.15-64.40 for the day." , "The 10-year benchmark yield is expected to trade within the 6.52-6.54 percent range today." The dollar edged up against a basket of currencies in the overnight session after earlier falling on trump administration woes. However, the US currency remained subdued against the yen. Meanwhile, the euro softened as traders digested minutes from the ECB.
  • 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 21 Aug-2017 Date Commodity/ Cur- rency Pairs Contract Strategy Entry Level Target Stop Loss Remark 18/08/17 NCDEX DHANIYA OCT. BUY 4640 4670-4710 4590 TARGET HIT 18/08/17 NCDEX DHANIYA OCT. SELL 4600 4570-4530 4650 NOT EXECUTED 18/08/17 NCDEX GUARGUM OCT. BUY 8160 8190-8230 8110 TARGET HIT 18/08/17 NCDEX GUARGUM OCT. SELL 7900 7960-7920 8040 NOT EXECUTED 18/08/17 MCX GOLD OCT. BUY 29250 29300-29400 29200 TARGET HIT 18/08/17 MCX GOLD OCT. SELL 29000 28950-28850 29050 NOT EXECUTED 18/08/17 MCX SILVER SEP. BUY 39400 39600-39900 39200 TARGET HIT 18/08/17 MCX SILVER SEP. SELL 38900 38700-38400 39100 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 18/08/17 NIFTY FUTURE SELL 9940-9950 9900-9850 1000 NOT EXECUTED 18/08/17 INFY FUTURE BUY 1025 10351050 1010 NOT EXECUTED 18/08/17 BHARATFIN FUTURE BUY 850 860-875 840 TARGET HIT 18/08/17 V2RATAIL CASH BUY 355 362-370 348 NOT EXECUTED
  • 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 21 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, AUG. 21 8:30 am Chicago national activity index July 0.13 TUESDAY, AUG. 22 None scheduled WEDNESDAY, AUG. 23 9:45 am Markit manufacturing PMI (flash) Aug. 53.3 9:45 am Markit services PMI (flash) Aug. 54.7 10 am New home sales July 610,000 THURSDAY, AUG. 24 8:30 am Weekly jobless claims 8/19 232,000 10 am Existing home sales July 5.52 mln FRIDAY, AUG. 25 8:30 am Durable goods orders July 6.4% 8:30 am Core capital goods orders July 0.0%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: 2017-08-21 09:06+05:30