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DAILY REPORT 16

th

FEBRUARY 2017

Global markets at a glance European shares ended higher on Wednesday in another session dominated by earnings, as French lender Credit Agricole led banking stocks to a three-week high. The panEuropean STOXX 600 index rose 0.3 percent with the banking index the top sector, up 1.4 percent. Shares in Credit Agricole jumped 4.7 percent after France's biggest retail bank beat forecasts with a smaller than expected earnings drop in the fourth quarter. The reaction was particularly positive to results from Credit Agricole's French retail bank unit LCL. The DJI Average rose 0.52% to end at 20,611.86. The S&P 500 gained 0.50% to 2,349.25 and the Nasdaq Composite added 0.64% to 5,819.44. Fourth-quarter earnings for S&P 500 companies have risen about 7.2%, the strongest expansion since the third quarter of 2014, according to Thomson Reuters data. Analysts on average expect S&P 500 earnings for the first quarter to rise 10.7%. The S&P 500 posted 80 new 52-week highs and two new lows; the Nasdaq Composite recorded 156 new highs and 27 new lows. About 7.0 billion shares changed hands on US exchanges, above the daily average of 6.8 billion over the last 20 sessions. Asian stocks edged up to fresh 19-month highs on Thursday, helped by an extended rally on Wall Street and strong US data though the dollar stepped back after a recent bounce. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, rising to its highest since July 2015. It is up by a tenth so far this year partly underpinned by more optimistic earnings expectations and a gradual unwinding of bearish emerging market bets. Previous day Roundup The market broke its recent range on downside Wednesday as concerns raised over FIIs inflow after Federal Reserve chairwoman Janet Yellen hinted rate hike next month. Disappointing quarterly earnings by Tata Motors and Sun Pharma also spoiled sentiment. The 30-share BSE Sensex fell 183.75 points to 28155.56 and the 50-share NSE Nifty lost 67.60 points to 8724.70 despite positive global cues.

World Indices Index

Value

% Change

DJI S&P500

20611.86 2349.25

+0.52 +0.50

NASDAQ

5819.44

+0.64

7302.41 19349.31 24078.50

+0.47 -0.46 +0.35

FTSE100 NIKKEI HANG SENG

Top Gainers Company

CMP

Change

% Chg

ZEEL

521.20

8.25

1.61

INFRATEL

323.00

4.25

1.33

ITC

274.10

3.30

1.22

TCS

2,423.45

17.20

0.71

HDFCBANK

1,320.10

9.00

0.69

CMP

Change

% Chg

TATAMTRDVR TATAMOTORS SUNPHARMA AUROPHARMA

268.40 436.70 622.00 635.00

-29.35 -45.35 -27.30 -23.35

-9.86 -9.41 -4.20 -3.55

BANKBARODA

162.95

-5.85

-3.47

Prev. Close

Change

%Chg

127.10

6.05

5.00

1,444.00 1,965.10 49.10 1,028.00

30.40 90.85 2.20 -11.25

2.15 4.85 4.69 -1.08

COROMANDEL

340.60

-9.85

-2.81

ESCORTS

403.10

18.50

4.81

Top Losers Company

Stocks at 52 Week’s HIGH Symbol

ABMINTLTD AIAENG ALKEM BANG BHARATFORG

Stocks at 52 Week’s LOW Symbol

Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down 215.44pts], Capital Goods [down 171.97pts], PSU [down121.71pts], FMCG [up 6.69pts], Realty [down 51.98pts], Power [down 28.89pts], Auto [down 665.12pts], Healthcare [down 284.96pts], IT [down 35.79pts], Metals [down 157.08pts], TECK [down 21.93pts], Oil& Gas [down 136.48pts]. YOUR MINTVISORY

Prev. Close

Change

%Chg

0.10 4,171.00 981.25

0.05 -23.05 -22.75

100.00 -0.55 -2.27

CMP

Change

% Chg

8724.70 28155.56

-67.60 -183.75

-0.77 -0.65

BIRLACOT BLUEDART BSE

26626.46Indian Indices Company

NIFTY SENSEX

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DAILY REPORT 16

th

FEBRUARY 2017

STOCK RECOMMENDATIONS [FUTURE] 1.VOLTAS [FUTURE]

STOCK RECOMMENDATION [CASH] WELSPUNIND[CASH]

On the daily chart the stock has made bullish doji candle rose with increased volume participation in last trading hours the stock shown good upside move for which the stock is good to buy above 90.50-91 for the target of 93 with SL below 87. VOLTAS Future show under pressure during the Day and ended near day’s low with bearish candlestick in daily chart, But take a trend line support in daily candlestick chart, And since last session it rose with rising OI in short side, So if stock break previous day low we may see sharp downfall ahead . It will good to sell below 335.50 for the target of 331 -325 with SL of 341.50. 2.ZEEL [FUTURE]

Last trading session ZEEL future show positive strength and made a high of 526.70 it’s strong resistance level and ended near this level with big green candle in daily chart. So if future cross yesterday high .We may see sharp rise for that it will be good to Buy above 529 for the target of 534-540 with SL of 520. YOUR MINTVISORY

MACRO NEW  Intellect Design dips 12% on stake sale by Rakesh Jhunjhunwala  Tata Motors sinks 11%; analysts cut target sharply post Q3 nos  Policybazaar will be IPO ready by 2018  Supreme Infra Approves issue of securities up to Rs125cr by way of QIP  Tata Steel: Trade Union Members Support Co's Proposal To Close Pension Scheme In UK  Cipla Gets US FDA Nod For Oxaliplatin Injectable  Sun Pharma Gets Tentative US FDA Nod For Tadalafil Tablets  Sun Pharma looking to shift facility from Halol  Deepak Fertiliser expands product portfolio  Telecom: TRAI to stand by Rs 3050 cr fine  Commercial Syn Bags - CRISIL reaffirms rating of BBB and A3+  Telecom: TRAI to stand by Rs 3050 cr fine  Maharashtra government derails MMRDA’s plans to raise funds for Metro  Fed's Rosengren sees 'at least' three rate hikes per year  DLF promoters in last leg of talks for Rs 12-14Kcr sale deal  Cabinet approves merger of SBI, 5 associate banks  Nestle Q4 -Net profit down 8.7 percent at Rs 167.3 crore versus Rs 183.2 crore (YoY)  Saab-Adani in talks for fighter jet manufacturing deal: Mint  Jet Airways may order at least 50 Boeing 737 Max planes this year: Mint Call us at +91-731-6642300


DAILY REPORT 16

th

FUTURES & OPTIONS

FEBRUARY 2017

STOCKS IN NEWS

MOST ACTIVE CALL OPTION Symbol

Op- Strike tion Price Type

LTP

Traded Volume (Contracts)

Open Interest

 TCS Board to consider buyback on February 20  Petronet LNG gets first cargo of LNG from Australia  Reliance Infrastructure in focus: Reliance Defence signs

NIFTY

CE

8,800 37.25

4,15,749

59,26,200

NIFTY

CE

8,900 13.00

3,22,512

42,75,525

BANKNIFTY

CE

20,500

5.00

2,88,468

9,70,360

TATAMOTOR

CE

460

2.85

15,061

49,75,500

TATAMOTOR

CE

480

1.05

10,338

37,42,500

TATAMOTOR

CE

500

0.60

7,794

28,74,000

TATAMOTOR

CE

440

8.90

4,863

15,46,500

RELIANCE

CE

1,060

7.70

4,355

12,54,500

LTP

Traded Volume (Contracts)

Open Interest

MoU with UAE Bharat Forge - Kalyani Group & Israel Aerospace to form JV in India Sagar Cements successfully completed QIP Novelis to lay off staff in Korea, US to cut costs NTPC plans to make cement,seeks partners

NIFTY FUTURE

MOST ACTIVE PUT OPTION Symbol

Op- Strike tion Price Type

NIFTY

PE

8,700 42.50

3,11,841

45,76,275

NIFTY

PE

8,800 87.35

2,74,670

38,52,975

BANKNIFTY

PE

20,000 21.00

2,59,948

5,55,040

TATAMOTOR

PE

440 10.60

11,805

14,20,500

TATAMOTOR

PE

420

3.90

8,348

18,31,500

TATAMOTOR

PE

460 24.70

4,241

11,67,000

TATAMOTOR

PE

400

1.55

3,545

10,92,000

AXISBANk

PE

480

3.15

3,023

12,32,400

After ending at a 2-week closing low of 8,724 Wednesday, Nifty is likely to open flat today on lack on fresh triggers following the conclusion of the third quarterly earnings season. SGX Nifty was trading fractionally up at 8,760. Nifty is seen facing stiff resistance at 8,800 mark. So we advise to sell Nifty Future if it sustains below 8720 for the targets of 8670 and 8600 with strict stop loss of 8810

FII DERIVATIVES STATISTICS BUY

SELL

OPEN INTEREST AT THE END OF THE DAY

No. of Amount in No. of Amount in No. of Contracts Crores Contracts Crores Contracts

Amount in Crores

NET AMOUNT

INDEX FUTURES

46566

3211.53

36696

2522.86

368295

24848.69

688.6745

INDEX OPTIONS

770210

55428.45

760111

54686.85

1233227

83204.53

741.6027

STOCK FUTURES

117173

8044.81

143778

9711.72

1085390

70585.34

-1666.906

STOCK OPTIONS

93024

6764.32

95733

6962.13

116729

8051.08

-197.8163 -434.00

INDICES NIFTY BANKNIFTY YOUR MINTVISORY

R2

R1

PIVOT

S1

S2

8842.60

8783.30

8747.60

8688.30

8652.60

20468.00

20315.00

20215.00

20062.00

19962.00

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DAILY REPORT 16

th

FEBRUARY 2017

MCX

RECOMMENDATIONS GOLD

COMMODITY ROUNDUP Copper remained trading sideways even as there were constant threats looming in regards to supplies. Shares in Freeport McMoRan Inc, the world's largest listed copper miner, were down 1% in pre-market trading this week on the company’s decision to halt operations at its Grasberg mine in Indonesia. Copper has rallied lately as a result, hitting its highest levels since May 2015 overnight. Freeport's Grasberg mining complex is responsible for more than a quarter of the Phoenix, Arizona-based company's total output. Freeport was trying to reach a deal with the government of Indonesia to resume exports and previously said that each month of delay in obtaining such approval meant production would be reduced by 70 million pounds of copper and 70,000 ounces of gold.

TRADING STRATEGY: BUY GOLD ABOVE 29200 TGT 29300 29500 SL BELOW 29100 SELL GOLD BELOW 29100 TGT 29000 28800 SL ABOVE 29200 SILVER TRADING STRATEGY:

However, there was no deal that has been reached so far. The miner’s overall consolidated sales for 2017 are expected to be around 4.1 billion pounds of copper, 2.2 million ounces of gold and 92 million pounds of molybdenum, including 1.0 billion pounds of copper, 460,000 ounces of gold and 23 million pounds of molybdenum for first-quarter 2017. MCX Copper was trading at Rs 404.15 per kg, down 0.05%. The prices tested a high of Rs 406.6 per kg and a low of Rs 402.70 per kg. The international crude oil price of Indian Basket as computed by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 54.79 per barrel (bbl) on 14.02.2017. This was lower than the price of US$ 54.87 per bbl on previous publishing day of 13.02.2017. In rupee terms, the price of Indian Basket decreased to Rs. 3667.79 per bbl on 14.02.2017 as compared to Rs. 3674.49 per bbl on 13.02.2017. Rupee closed stronger at Rs. 66.94 per US$ on 14.02.2017 as compared to Rs. 66.97 per US$ on 13.02.2017.

BUY SILVER ABOVE 42700 TGT 42900 43500 SL BELOW 42500 SELL SILVER BELOW 42590 TGT 42390 42000 SL ABOVE 42790 YOUR MINTVISORY

According to Turkey Statistical Institute announced in 2016, Turkish imported 10.42 million tons of iron ore, increased by 4.1%, to 407,000 tons or 4.1%. Among them, Turkey imported 5.172 million tons of iron ore from Brazil, accounting for 49.7% of the total imports; followed by Russian was 1.829 million tons, accounting for 17.6% of total imports; Swedish was 1.499 million tons, accounting for 14.4% of total imports.

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DAILY REPORT 16

th

FEBRUARY 2017

NCDEX

RECOMMENDATIONS DHANIYA

BUY CORIANDER APRABOVE 6725 TARGET 6740 6800 6870 SL BELOW 6695 SELL CORIANDER APRBELOW 6610 TARGET 6595 6535 6465 SL ABOVE 6640

NCDEX INDICES Index

Value

% Change

CORIANDER COTTON SEED GUAR SEED JEERA MAIZE MUSTARDSEED SOYA BEAN SUGAR M GRADE

6687 2220 3259 17010 1412 3810 2968 3865

+1.01 +1.00 +2.23 +0.50 +0.36 +0.82 0.00 +0.39

TURMERIC

6992

+2.16

WHEAT

1820

+1.00

Palm oil imports fell for the third consecutive month by 11.56 per cent to 608,762 tonnes in January, on account of good domestic oilseeds production and better availability of edible oils, industry body Solvent Extractors Association (SEA) said on Wednesday. India, the world’s leading vegetable oil buyer, had imported 688,393 tonnes palm oil in January 2015. The country’s total vegetable oil imports fell by 19 per cent to 1.24 million tonnes (mt) in January this year from 1.26 mt in the year-ago period.

GUARGUM Bargain buying was seen in mustard seed on the account of weak arrivals in local mandies coupled with strong crushing demand. The sources stated that arrivals of around 1.40 1.45 lakh bags have been reported in major producing states . These were almost 30 percent lower than last year. Moreover, strong crushing demand due to hefty buying by mustard meal exporters has also supported the prices. As per the latest data compiled by Solvent Extractors' Association of India, the export of mustard oil meal during January 2017 has jumped 11 percent to report at 2,261 tons compared to 1,990 tons. The NCDEX April prices increased by 0.79 percent to close at Rs 3779 per quintal.

BUY GUARGUM5 20MARABOVE 6740 TARGET 6770 6830 6880 SL BELOW 6690

UK wheat exports tumbled in December. The official data showed that UK December wheat exports came in at 93,425 tonnes, the lowest level seen in December since the 201314 season. This was down 45% from November, and down 63% year-on-year. Elevated prices have had an impact. UK wheat prices at the start of December stood at £140 a tonne, up some 20% on year.

SELL GUARGUM5 20MARBELOW 6550 TARGET 6520 6460 6410 SL ABOVE 6600 YOUR MINTVISORY

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DAILY REPORT 16

th

FEBRUARY 2017

CURRENCY RBI Reference Rate

Currency

Rate rrency

Rate

Rupee- $

66.919 Yen

58.560

Euro

70.820 GBP

83.414

USD/INR

CURRENCY MARKET UPDATES: The rupee has shown remarkable strength against the US dollar at a time when the greenback is rising against other currencies. The recent decision by the Reserve Bank of India to keep interest rate on hold and signal a change in policy stance to 'neutral' from 'accommodative' gave a big boost to the Indian currency. On Wednesday, the rupee was trading close to a three-month high of around 66.90 against the US dollar, which was at three-week highs against a basket of other global currencies.

:BUY USD/INR ABOVE 67.00 TGT 67.20 67.40 SL 66.80 SELL USD/INR BELOW 66.80 TGT 66.60 66.40 SL 67.00 EUR/INR

The rupee extended its gains for the second straight day by moving up another 3 paise to close at 66.90 per dollar on sustained selling of the US currency by banks and exporters despite higher greenback overseas. The rupee resumed slightly higher at 66.92 per dollar as against the yesterday's closing level of 66.93 at the Interbank Foreign Exchange market and moved in a restricted range of 66.88 and 66.95 before finishing at 66.90, showing a gain of 3 paise or 0.04 per cent. The domestic currency gained 12 paise, or 0.18 per cent, in two days. The dollar index was trading higher by 0.23 per cent against a basket of six currencies in late afternoon trade. In the overseas market, the dollar was flat against the yen and euro in the late afternoon trade on Wednesday, after rising on hopes for higher US interest rates following comments from Federal Reserve Chairwoman Janet Yellen who signaled an increase could come in March. However, the US dollar held gains near a 3-1/2week high against basket of currencies in early Asian trade. US Dollar to Indian Rupee Exchange Rate is at a current level of 66.80, up from 66.71 the previous market day and down from 68.44 one year ago. This is a change of 0.13% from the previous market day and -2.40% from one year ago.

BUY EUR/INR ABOVE 71.35 TGT 71.45 71.65 SL 71.15 SELL EUR/INR BELOW 71.10 TGT 70.90 70.70 SL 71.30 YOUR MINTVISORY

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DAILY REPORT 16

th

FEBRUARY 2017

Date

Commodity/ Currency Contract Pairs

Strategy

Entry Level

Target

Stop Loss

Remark

15/02/17

NCDEX DHANIYA

MAR.

BUY

6700

6715-6775

6670

1ST TARGET

15/02/17

NCDEX DHANIYA

MAR.

SELL

6610

6595-6535

6640

NOT EXECUTED

15/02/17

NCDEX GUARGUM

APR.

BUY

6530

6560-6620

6480

FINAL TARGET

15/02/17

NCDEX GUARGUM

APR.

SELL

6440

6410-6350

6490

NOTEXECUTED

15/02/17

MCX GOLD

FEB.

BUY

29170

29220-29321

29101

NOTEXECUTED

15/02/17

MCX GOLD

FEB.

SELL

28955

28905-28804

29024

1ST TARGET

15/02/17

MCX SILVER

MAR.

BUY

42870

43020-43247

42960

NOTEXECUTED

15/02/17

MCX SILVER

MAR.

SELL

42250

42100-41873

42430

NOTEXECUTED

Date

Scrip

CASH/ FUTURE/ OPTION

Strategy

Entry Level

Target

Stop Loss

Remark

15/02/17

NIFTY

FUTURE

BUY

8850

8900-8990

8780

NOT EXECUTED

15/02/17

DLF

FUTURE

SELL

145.50

143-140

148.50

TARGET HIT

15/02/17

GAIL

FUTURE

BUY

496

500-505

490

SL TRIGEERED

15/02/17

ARSSINFRA

CASH

BUY

62-63

67-72

59

OPEN

YOUR MINTVISORY

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DAILY REPORT 16

th

FEBRUARY 2017

ECONOMIC CALENDAR

NEXT WEEK'S U.S. ECONOMIC REPORTS TIME

REPORT

PERIOD

ACTUAL

CONSENSUS FORECAST

PREVIOUS

MONDAY, FEB. 6 NONE SCHEDULED TUESDAY, FEB. 7 8:30 AM

FOREIGN TRADE DEFICITS

DEC.

-$45.2BLN

10 AM

JOB OPENINGS

DEC.

5.5 MLN

3 PM

CONSUMER CREDIT

DEC.

$25 BLN

WEDNESDAY, FEB. 8 NONE SCHEDULED THURSDAY, FEB. 9 8:30 AM

WEEKLY JOBLESS CLAIMS

2/4

--

10 AM

WHOLESALE INVENTORIES

DEC.

1.0%

FRIDAY, FEB. 10 8:30 AM

IMPORT PRICE INDEX

JAN.

0.4%

10 AM

CONSUMER SENTIMENT INDEX

FEB.

98.5

2 PM

FEDERAL BUDGET

JAN. Disclaimer

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