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Special Report 14-Jun-2018

Global markets at a glance US stocks ended a choppy session lower on Wednesday after the U.S. Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes this year.Two more hikes are now expected by the end of this year, compared with one previously.The central bank, which raised its benchmark overnight lending rate a quarter of a percentage point to a range of between 1.75 percent and 2 percent, also dropped its longstanding pledge to stimulate the economy "for some time."

World Indices Index

Value

% Change

25,201.20

-0.47

S&P500

2,779.25

0.02

NASDAQ FTSE100

7,228.50 7,703.70

-0.04 -0.00

22,847.99 30,533.10

-0.52 -0.63

DJI

NIKKEI HANG SENG

Top Gainers Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about U.S.-China trade frictions kept investors on edge.MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.25 percent in early trade. South Korea's KOSPI was off 0.9 percent, while Australia's market slipped 0.2 percent.Japan's Nikkei shed 0.7 percent.

Company

CMP

Change

% Chg

2,256.30

65.65

3.00

582.10

15.00

2.65

1,824.10

43.10

2.42

Lupin

871.90

16.90

1.98

Hindalco

245.00

4.35

1.81

Dr Reddys Labs Cipla TCS

Top Losers

The Fed raised its benchmark overnight lending rate a quarter of a percentage point to a range of 1.75 percent to 2 percent, as expected, on the back of strong U.S. economic growth.

Company

CMP

Change

% Chg

Idea Cellular

61.50

-3.75

-5.75

Tata Steel

567.60

-12.40

-2.14

Adani Ports

382.85

-6.05

-1.56

Previous day Roundup

Zee Entertain

557.10

-8.10

-1.43

Bajaj Finance

2,231.05

-30.20

-1.34

The Nifty which started on a positive note failed to hold on to momentum and witnessed profit booking near 10,900 levels and made a bearish candle on an intraday basis. Traders preferred to book profits ahead of the crucial US Fed outcome but the positive takeaway is that the index managed to close above 10,850 levels which was the intraday high recorded earlier this week on Monday. The Nifty index opened gap-up but failed to hold above 10,888 and consolidated in a narrow range with a support placed at 10,850-10,800 levels. On the higher side, resistance is placed at 10,930 levels. Bank Nifty remained range bound for the most part of the trading session but trading range is slight Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-2.00pts], Consumption[-13.75pts],PSE[-4.70pts],CPSE[4.20pts],Energy[47.95pts],FMCG[-145.00pts],Auto[7 .20 pts],P harm a[78 .50 pts],IT[17 4 .30 pts],Metal[ 16.10pts],Realty[-0.15 pts], Fin Serv sector[-22.35 pts].

Stocks at 52 Week’s HIGH Symbol

BRITANNIA DMART EQ30 FSL GLAXO

Prev. Close

Change

%Chg

5946.6

83.4

1.4

1607.95 272.55 82.5 2700.75

-9.45 49.95 0.5 124.25

-0.59 18.33 0.61 4.6

Prev. Close

Change

%Chg

19.75 163.4 0.1 1.25 52.65

1.15 -8.15 0.05 0.05 -1.05

5.82 -4.99 50 4 -1.99

Stocks at 52 Week’s LOW Symbol

ARCOTECH ARROWGREEN AUSTRAL CHROMATIC CTE

Indian Indices Company

CMP

Change

% Chg

NIFTY

10856.70

13.80

0.13

SENSEX

35739.16

46.64

0.13

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Special Report 14-Jun-2018

RECOMMENDATIONS [FUTURE] 1.CANBK [FUTURE ] As per the daily chart this counter showed weakness at its upper level around 284 here we can a chance of early shorting position due to its support level breakout so we advice you to SELL CANBK FUTURE AROUND 279-278 TGT 276-272 SL ABOVE 281.

2.NTPC [FUTURE] This particular script is getting support at its crucial level around 160-161, since 1week its continuosly rebounding from this level here we can get a buying opportunity on reversal so we advice to BUY NTPC FUTURE AROUND 160161 TGT 163-166 SL BELOW 158.50

STOCK RECOMMENDATION [CASH] KEC [CASH] This particular counter is consolidating below its crucial resistance level of 381.50,if the market shows some strength then it can break this level and move towards the level of 388, here buy on breakout would be good startegy to follow so we advice to BUY KEC FUTURE ABOVE 381.50 TGT 385-388 SL BELOW 379.

MACRO NEW  Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 34.5 points or 0.32 percent. Nifty futures were trading around 10,810level on the Singaporean Exchange.  Fitch Ratings yesterday raised India growth forecast for 2018-19 to 7.4 percent from 7.3 percent, but cited higher financing costs and rising oil prices as risks to growth. For 2019-20, it estimated the country to grow at 7.5 percent.“We have revised up our forecast for 2018-19 growth to 7.4 percent from 7.3 percent in March. However, higher financing costs (stemming from monetary tightening and higher market premiums) and rising oil prices should limit the upside to growth,” Fitch said in its Global Economic Outlook.  US Treasury yields jumped and Wall Street reversed earlier gains to close lower on Wednesday, after the Federal Reserve raised interest rates and signaled that two more hikes could be coming this year.Benchmark 10-year US. Treasury notes last fell 6/32 in price to yield 2.9774 percent, from 2.957 percent late on Tuesday. The 30-year bond last fell 3/32 in price to yield 3.0967 percent, from 3.092 percent Tuesday.  The rupee yesterday slid further by 16 paise to close at near one-week low of 67.65 against the US currency on sustained dollar demand. The domestic currency opened weak at 67.62 per dollar and oscillated between 67.55 and 67.71 during the day amid suspected dollar selling by the central bank.

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Special Report 14-Jun-2018

STOCKS IN NEWS

MOST ACTIVE CALL OPTION Symbol

Optio Strike n Price Type

LTP

Traded Volume (Contracts)

Open Interest

NIFTY

CE

11,000

34.7

1,45,043

39,51,450

BANKNIFTY

CE

27,300

1.95

1,12,420

2,78,960

BANKNIFTY

CE

26,600 135.5

1,10,547

3,68,400

TCS

CE

1,850

27.6

8,210

7,77,500

RELIANCE

CE

1,000

17

7,571

21,66,000

TCS

CE

1,900

15.8

7,439

7,15,500

SUNPHARMA

CE

560 10.65

7,289

18,95,300

SBIN

CE

290

5,953

35,04,000

5.8

MARUTIACTIVE PUT CE OPTION 9,000 111.5 5,823 MOST Symbol

Optio Strike n Price Type

NIFTY

IFCI revised its benchmark rate to 10.4 percent from 10.2 percent. .

Orchid Pharma has received EU GMP certification for its Alathur facility

NIFTY FUTURE

2,83,500

LTP

Traded Volume (Contracts)

PE

10,800 81.55

1,54,892

BANKNIFTY

PE

26,700

135

1,32,001

NIFTY

PE

10,700

52.5

1,24,689

RELIANCE

PE

980

9.95

4,814

TCS

PE

1,800

23

3,723

SUNPHARMA PE

540 11.45

3,719

RELIANCE

PE

960

5.1

3,646

INFY

PE

1,220 14.25

3,300

Open Interest

The Nifty which started on a positive note failed to hold 37,26,450 on to momentum and witnessed profit booking near 10,900 levels and made a bearish candle on an intraday 2,93,440 basis. 51,88,425 Traders preferred to book profits ahead of the crucial US 15,58,000 Fed outcome but the positive takeaway is that the index 3,80,000 managed to close above 10,850 levels which was the intraday high recorded earlier this week on Monday.so 9,64,700 we advice to SELL NIFTY FUTURE AROUND 10880-10860 21,77,000 TGT 10800-10750 SL BELOW 10900 1,77,000

FII DERIVATIVES STATISTICS BUY

SELL

No. of Contracts

Amount in Crores

INDEX FUTURES

19621

1748.40

24365

2242.72

INDEX OPTIONS

682328

64868.93

691289

STOCK FUTURES

153875

10207.99

STOCK OPTIONS

83476

5971.25

OPEN INTEREST AT THE END OF THE DAY

No. of Amount in No. of Contracts Crores Contracts

Amount in Crores

NET AMOUNT

236058

20022.40

-494.3126

65721.38

827536

70194.37

-852.4466

148148

9762.94

1204020

84444.20

445.0572

85283

6086.56

116273

8420.14

-115.3075 -1017.0095

INDICES

R2

R1

PIVOT

S1

S2

NIFTY

10914.00

10885.00

10863.00

10834.00

10812.00

BANKNIFTY

26835.00

26738.00

26668.00

26571.00

26501.00

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Special Report 14-Jun-2018

RECOMMENDATIONS GOLD TRADING STRATEGY: BUY GOLD AUG FUT ABOVE 31270 TGT 31320-31370 SL BELOW 31220 SELL GOLD AUG FUT BELOW 31050 TGT 31000-30950 SL ABOVE 31100

COMMODITY ROUNDUP Crude oil futures stayed supported after rebounding from their recent lows on production worries in Venezuela. However, there is a possibility of some profit selling now as recent EIA data showed a build of 2.072 million barrels to 436.584 million barrels for the week ended June 1. Gasoline stockpiles spiked 4.6 million barrels, while distillate stocks rose by 2.2 million barrels, EIA reported this Wednesday. WTI Crude oil futures are currently trading at $66.03 per barrel-up marginally on the day. MCX Crude ended at Rs 4443 per barrel - adding good gains. Consumer credit in the US increased by less than expected in the month of April, according to a report released by the Federal Reserve on Thursday. The Fed said consumer credit rose by USD9.2 billion in April after climbing by $12.3 billion in March. The increase in consumer credit was primarily due to growth in non-revolving credit such as student loans and car loans, which rose by $7.0 billion in April after soaring by $13.4 billion in March. Consumer credit rose by an annual rate of 2.9% in April.

SILVER TRADING STRATEGY: BUY SILVER JUL FUT ABOVE 40780 TGT 40830-40880 SL BELOW 40730 SELL SILVER JUL FUT BELOW 40570 TGT 40520-40480 SL ABOVE 40620

The euro area economy expanded as initially estimated in the first quarter, the latest estimate from Eurostat showed. Gross domestic product (GDP) rose 0.4% sequentially in the first quarter, slower than the 0.7% expansion seen a quarter ago. The rate came in line with the estimate released on May 15. On a yearly basis, GDP growth slowed to 2.5% from 2.8% a quarter ago. Gross fixed capital formation advanced 0.5% following the 1.3% gain seen in the prior period. COMEX Copper soared near three year high in intraday moves amid supply worries and steady equities. Prices have soared this week on concerns over supply disruption in Chile and a weaker dollar index. Copper has gained around 5% this week after the union at BHP's Escondida mine in Chile, the world's largest, said on Friday it had started the latest round of wage negotiations. Failure to reach a deal last year triggered a strike that resulted in a near 8% drop in annual Copper output. The metal currently trades at $3.26 per pound- up marginally on the day. MCX Copper closed at Rs 487.55 per kg- up 1% on the day. Large precious metals speculators cut their bullish net positions in the Copper Futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The noncommercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 37,600 contracts in the data reported through Tuesday May 29th. This was a weekly drop of -1,412 contracts.

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Special Report 14-Jun-2018

RECOMMENDATIONS GUARGUM5 BUY GUARGUM5 JULY ABOVE 7650 TARGET 77007750 SL BELOW 7600 SELL GUARGUM5 JULY BELOW 7470 TARGET 74307380 SL ABOVE 7510

NCDEX INDICES Index

Value

% Change

Barley Castor Seed Chana Coriander Cotton Seed Oilcake Guar Seed 10 MT Jeera Mustardseed Soy Bean Turmeric

1485 3941 3337 4385 1499 3640 16350 3928 3320 7376

-0.34 2.47 1.55 2.86 1.42 1.29 1.02 0.54 -0.18 3.8

Soybean meal exports from Ukraine reached a record 59.3 KMT in April 2017/18 against 32.9 KMT in March 2018 and 33.1 KMT in April 2017. This was contributed to by active shipments to end markets such as Belarus, Azerbaijan, Libya, and Georgia. In total, some 265 KMT of soybean meal was shipped abroad in September-April this season. This is up 24.3% year-on-year and an all-time high for this period. CORINDER BUY DHANIYA JULY ABOVE 4390 TARGET 4440 4490 SL BELOW 4340 SELL DHANIYA JULY BELOW 4250 TARGET 4200-4150 SL ABOVE 4300

The 2017/18 season witnesses no significant changes in the pattern of Ukrainian soybean oil exports. As before, the top importers include the EU (35% of total exports), Belarus (31%), Azerbaijan (12%), and Georgia (10%). In its latest Cereal Supply and Demand Brief, the FAO increased its forecast for the world cereal production in 2018 to 2610 million tonnes, which if confirmed would represent a 1.5 percent annual drop from the high level of the previous year. FAO pegs this year's world wheat production at 754.1 million tonnes, up from the previous month's forecast on account of improved outlooks in several major producing countries, while predicting the production of coarse grains to stand at 1 345 million tonnes, down 3.2 percent from last year's record high due in part to farmers shifting to more profitable crops and to dry weather in some countries. Worldwide rice output is expected to rise 1.3 percent from the 2017 level to set a new record of 511.3 million tonnes, with the increase primarily reflecting improved prospects for India. The new FAO report offers the latest forecasts regarding cereal utilization and also trade - which is expected to reach a record high in the coming year.

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Special Report 14-Jun-2018

RBI Reference Rate Currency

Rate Currency

Rate

Rupee- $

67.6251 Yen

61.1500

Euro

79.3919 GBP

90.3336

USD/INR BUY USDINR ABOVE 67.85 TGT 68.35-68.85 SL BELOW 67.35 SELL USDINR BELOW 67.65 TGT 67.15/66.65 SL ABOVE 68.15

Euro Falls, Dollar Rises Ahead of G7 Summit. The dollar was higher while the euro retreated from earlier gains on Friday, as traders looked ahead to the G7 summit.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was up 0.19% to 93.61 as of 5:17 AM ET (9:17 GMT).All eyes are on the G7 meeting, which kicks off on Friday in Quebec, as trade tensions between the U.S. and its key allies remain. France and Germany warned the U.S. that they would not sign a joint statement without concessions, but the American top economic adviser Larry Kudlow warned this week that U.S. President Donald Trump would not back down from his tough stance on trade.Trump showed no signs of conciliation late Thursday when he accused France and Canada of “charging the U.S. massive tariffs and create non -monetary barriers”. The Federal Reserve's two-day monetary meeting next week was also in focus, with a 90% chance of a rate hike.

GBP/INR BUY GBPINR ABOVE 91.00 TGT 91.50-92.00 SL BELOW 90.50 SELL GBPINR BELOW 90.20 TGT 89.70-89.20 SL ABOVE 90.70

The euro remained under pressure despite easing political tensions and expectations for the European Central Bank to announce the end date of its quantitative easing program at its policy meeting next week. EUR/USD has posted gains in the Friday session. Currently, the pair is trading at 1.1766, down 0.28% on the day. On the release front, German numbers were a disappointment. German Industrial Production declined 1.0%, well off the estimate of 0.4%. Germany’s trade surplus narrowed to EUR 19.4 billion, short of the estimate of EUR 20.3 billion. French Industrial Production also declined, with a reading of -0.5%. This missed the estimate of 0.4%. There are no major U.S events on the schedule. Later in the day, leaders of the Group of 7 will gather for a two-day meeting in Quebec City.

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Special Report 14-Jun-2018

Date

Commodity/ Currency Pairs

13/06/18

NCDEX DHANIYA

JULY

BUY

13/06/18

NCDEX DHANIYA

JULY

13/06/18

NCDEX GUARGUM5

13/06/18

Contract Strategy

Entry Level

Target

Stop Loss

Remark

4280

4310 -4340

4250

NOT EXECUTED

SELL

4190

4160-4130

4220

OPEN

JULY

BUY

7570

7600-7660

7520

1ST TGT HIT

NCDEX GUARGUM5

JULY

SELL

7360

7330-7220

7410

NOT EXECUTED

13/06/18

MCX GOLD

AUG

BUY

31270

31320-31370

31220

NOT EXECUTED

13/06/18

MCX GOLD

AUG

SELL

31170

31120-31070

31220

1ST TGT HIT

13/06/18

MCX SILVER

JUL

BUY

40510

40550-40600

40450

SL TRIGGERED

13/06/18

MCX SILVER

JUL

SELL

40360

40310-40260

40400

NOT EXECUTED

Date

Scrip

CASH/ FUTURE/ OPTION

Strategy

Entry Level

Target

Stop Loss

Remark

13/06/18

NIFTY

FUTURE

BUY

10760-10770

10800-10850

10720

NOT EXECUTED

13/06/18

M&MFIN

FUTURE

BUY

495

500-505

490

NOT EXECUTED

13/06/18

NTPC

FUTURE

BUY

160-161

163-166

158.50

OPEN

13/06/18

UBL

CASH

SELL

1295-1290

1280-1260

1305

1st TGT HIT

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Special Report 14-Jun-2018

NEXT WEEK'S MAJOR U.S. ECONOMIC REPORTS MONDAY, JUNE 11

MONDAY, JUNE 11

MONDAY, JUNE 11

MONDAY, JUNE 11

MONDAY, JUNE 11

MONDAY, JUNE 11

TUESDAY, JUNE 12

TUESDAY, JUNE 12

TUESDAY, JUNE 12

11 am TUESDAY, JUNE 12

TUESDAY, JUNE 12

TUESDAY, JUNE 12 6 am

8:30 am

Consumer price index

May

0.2%

8:30 am

Core CPI

May

0.1%

2 pm WEDNESDA Y, JUNE 13

WEDNESDAY, JUNE 13

WEDNESD AY, JUNE 13

8:30 am

Producer price index

May

WEDNESDAY, JUNE 13

WEDNESDAY, JUNE 13

WEDNESDA Y, JUNE 13 0.1%

2 pm 2:30 pm

Jerome Powell press conference

THURSDAY, JUNE 14

THURSDAY, JUNE 14

8:30 am

Weekly jobless claims

6/2

N/A

8:30 am

Retail sales

May

0.3%

THURSDA THURSDAY, JUNE 14 Y, JUNE 14

THURSDAY, JUNE 14

THURSDAY, JUNE 14

8:30 am 8:30 am

Import price index

10 am

Business inventories

May Disclaimer April

0.3% 0.0%

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Special report 14 june 2018 epic research  

US stocks ended a choppy session lower on Wednesday after the U.S.

Special report 14 june 2018 epic research  

US stocks ended a choppy session lower on Wednesday after the U.S.

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