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DAILY REPORT 12th JUNE 2014

Global markets at a glance The MSCI Asia Pacific Index (MXAP) dropped 0.6 percent to 143.67 as of 9:47 a.m. in Hong Kong, with all of its 10 industry groups falling. The measure rebounded 11 percent to a six-year high through yesterday from this year’s low in February amid signs China’s economy is stabilizing and the U.S. recovery is intact. Shares on the gauge traded at 13.3 times estimated earnings yesterday, compared with a multiple of 16.4 for the Standard & Poor’s 500 Index and 15.5 for the Stoxx Europe 600 Index. Wall Street Update U.S. stocks fell the most in three weeks, with the Dow Jones Industrial Average halting a five-day rally, as the World Bank cut its forecast for global growth and Boeing Co. sank. The Standard & Poor’s 500 Index (SPX) declined 0.4 percent to 1,943.89 at 4 p.m. in New York, the most since May 20. The Dow average retreated 102.04 points, or 0.6 percent, to 16,843.88, ending a streak that pushed it to an all-time high. About 5.2 billion shares changed hands on U.S. exchanges today, 17 percent below the threemonth average at this time of day. Previous day Roundup After hitting record high, the market ended in negative terrain in a volatile trading session. The Nifty managed to end above 7600, down 29.55 points at 7626.85. The Sensex was down 109.80 points at 25473.89. About 1616 shares advanced, 1516 shares declined, and 70 shares were unchanged. IT stocks remained leaders in today's trade with Infosys and TCS gaining 2-3 percent each. Hero MotoCorp, Dr Reddy's Labs and Bajaj Auto were other gainers in the Sensex. Among the losers were Tata Power, Hindalco, Coal India and BHEL Index stats The Market was very down in last session. The sartorial indices performed as follow; Consumer Durables [down – 258.67pts], Capital Goods [down-192.74 pts], PSU [down – 200.28 pts], FMCG [up –77.37 pts], Realty [down pts], Power [down pts], Auto [up-69.96 pts], Healthcare [up 70.24 pts], IT [up 193.53 pts], Metals [up –390.75 pts], TECK [up 62.44 pts], Oil& Gas [down-217.76 pts].

World Indices Index DJl S&P 500 NASDAQ EURO STO FTSE 100 Nikkei 225 Hong Kong

% Change

16843.88 1943.89 4331.93 3289.09 6838.87 14941.10 23153.93

-0.60 -0.35 -0.14 -0.75 -0.50 -0.85 -0.44

Top Gainers Company

CMP

Change

% Chg

3177.00

101.85

3.31

923.25

23.15

2.57

TCS

2204.20

46.05

2.13

HEROMOTOCO

2705.00

39.20

1.47

DRREDDY

2426.75

31.25

1.30

CMP

Change

% Chg

220.70 106.50 162.15 402.80 157.10

12.55 -6.05 -7.60 -17.60 -6.45

-5.38 -5.38 -4.48 -4.19 -3.94

Prev. Close

Change

%Chg

291.70

-1.20

-0.41

AMTECK INDIA

83.85

16.75

19.98

AUROPHARMA

652.40

32.70

5.01

DECCAN CEMENT

239.40

11.95

4.99

DHEL

373.35

-3.15

-0.84

Prev. Close

Change

%Chg

CMP

Change

% Chg

7625.85

-29.55

-0.39

25473.89

-109.80

-0.43

INFY KOTAKBANK

Top Losers Company

DLF TATAPOWER HINDALCO COALINDIA NTPC

Stocks at 52 Week’s high Symbol

ADVANTA

Stocks at 52 Week’s Low Symbol

Indian Indices Company

NIFTY SENSEX YOUR MINTVISORY

Value

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DAILY REPORT 12th JUNE 2014

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE] 1. HINDALCO FUTURE

HINDALCO FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 160 levels. We advise selling around 160 levels with strict stop loss 165 for the targets of 156-152 levels. 2. BHEL FUTURE

STOCK RECOMMENDATION [CASH] 1. HDIL

HDIL reverse on higher level. We advise selling around 99 level with strict stop loss 101 for the targets of 97-95 MACRO NEWS IT major Tata Consultancy Services (TCS) today said most of the hirings are happening in Tier-I and II cities. The cityheadquartered software services provider is recruiting 55,000 people during the current fiscal and it has issued 25,000 offer letters so far. The acceptance level of job offers for the company is currently at 72 percent. Notwithstanding the stronger rupee and slower growth in Western markets, India's apparel exports are set to cross USD 17 billion mark in FY15 from USD 15 billion in FY'14, a senior industry official said here today. "India's total textile exports stood at USD 32 billion of which apparel exports were USD 15 billion in FY 14. The industry is doing well and we expect apparel exports to touch USD 17 billion this year, a growth of 15 percent," Clothing Manufacturers' Association of India (CMAI) Chairman, Board of Trustees Premal Udani told reporters here.

BHEL FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 250 levels. We advise buying selling around 248-250 levels with strict stoploss 255 for the targets of 245-240 levels. YOUR MINTVISORY

Japan's Meiji Holdings Ltd today said it has acquired Bangalore-based pharmaceutical firm Medreich for USD 290 million. The acquisition is through the operating subsidiaries, Meiji Seika Pharma Co Ltd, the company said in a filing to the Tokyo Stock Exchange.

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DAILY REPORT FUTURE & OPTION

12th JUNE 2014

STOCKS IN NEWS Idea Cellular will issue 5.18 crore preference shares to Axiata Investments at Rs 144.68 apiece Crompton Greaves gets order to supply 7,50,000 smart meters to Spanish company Reliance Life, others buy stake in Dhanlaxmi Bank via preferential issue NIFTY FUTURE

MOST ACTIVE PUT OPTION Symbol

Op- Strike tion Price Type

LTP

Traded Volume (Contracts )

Open Interest

NIFTY

PE

7,600

75.95

4,74,122 38,86,200

NIFTY

PE

7,500

43.25

3,87,967 49,96,250

BANKNIFTY

PE

15,000

158

22,884

3,73,800

BANKNIFTY

PE

14,500

55.5

9,757

2,91,575

INFY

PE

3,000

26.55

6,118

2,07,125

INFY

PE

3,100

54.8

4,885

1,24,000

SBIN

PE

2,600

37

3,682

2,26,625

SBIN

PE

2,500

14.4

3,015

1,73,500

LTP

Traded Volume (Contracts)

Open Interest

MOST ACTIVE CALL OPTION Symbol

Op- Strike tion Price Type

NIFTY

CE

7,700

53

4,94,874

49,60,600

NIFTY

CE

7,800

26

3,99,485

52,54,650

BANKNIFTY

CE

16,000 115.35

27,627

3,04,075

BANKNIFTY

CE

16,500

36.8

13,922

1,91,025

INFY

CE

3,300

53

10,853

3,77,250

INFY

CE

3,200

86

9,964

2,88,625

TCS

CE

2,200

57

7,109

INFY

CE

3,400 33.95

6,282

1,94,625 Nifty Future closed downside in the last trading session. We advise selling around 7580 levels with strict stoploss 2,56,500 of 7630 for the targets of 7530-7480

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

51620

1977.99

49634

1900.37

332011

12698.68

77.62

INDEX OPTIONS

430520

16411.24

434506

16550.15

1604685

61232.75

-138.91

STOCK FUTURES

108750

4081.15

92387

3573.05

1529556

56843.85

508.11

STOCK OPTIONS

91225

3565.99

93794

3644.61

101203

3876.06

-78.61

TOTAL

368.08

INDICES

R2

R1

PIVOT

S1

S2

NIFTY

756.2.3

7625.47

7706.23

7762.47

7843.23

BANK NIFTY

15200.3

15325.4

15492.7

15617.9

15785.2

YOUR MINTVISORY

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DAILY REPORT 12th JUNE 2014

COMMODITY MCX

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY SILVER ABOVE 40750 TGT 41950,41200 SL BELOW 40500 SELL SILVER BELOW 40500 TGT 40200,39950 SL ABOVE 40750 GOLD

TRADING STRATEGY: BUY GOLD ABOVE 26200 TGT 26280,26350 SL BELOW 26100 SELL GOLD BELOW 26050 TGT 25900,25790 SL ABOVE 26200 YOUR MINTVISORY

COMMODITY ROUNDUP MCX gold futures are trading lower in the Europe market hours today, unable to pick up the pace with international bullion.MCX August delivery gold futures are trading down by nearly Rs 30 at Rs 26111 per 10 grams. The metal traded in the range of Rs 26199-26085 levels International gold for August delivery are trading up $1.1at $ 1261.2 an ounce on the Comex division of the New York Mercantile Exchange. Yesterday, it rose $6.20, or 0.5%, to settle at $1,260.10 an ounce. Data on Tuesday showed that U.S. wholesale inventories rose 1.1% in April. U.S. retail sales figures for May are due Thursday and the U.S. May producer-price index will be released Friday. Gold has been trading steadily higher above $1250 an ounce since release of the payrolls data. On Friday, the U.S. Labor Department reported that the economy added 217,000 in May, close to expectations for a 218,000 increase, after a 282,000 rise in April, whose figure was revised down from a previously estimated 288,000 gain.

U.S Gold futures traded steady almost near two week's high made on last trading session, in a subdued trade on Wednesday, as investors remained on the sidelines amid a lack of fresh trading cues. Weak equities supported the gold while strong dollar limited the upside in the yellow metal. The euro currency slipped to near four month lows against the dollar on Wednesday, with the currency quotes at $1.3532, down 0.11% from last close. The US dollar index quotes at 80.82, down 0.01%. The COMEX gold for August delivery trades at $1262.50, up $2.40 a troy ounce. The July Silver was trading at $19.20, up $0.032 a troy ounce. Local Gold pared the last two day's gains on stronger local currency. MCX Gold quotes at Rs 26,048, down Rs 91 and the July silver quotes at Rs 40,590, up Rs 79 per 1 kg Copper futures slumped due to weak growth forecast by World Bank amid strong dollar. Copper was under pressure recently due to the weak china import news and surging dollar rates. China National Bureau of Statistics mentioned unwrought Copper imports declined in May 2014 compared to April 2014. Unwrought Copper declined by 385000 tonnes in the year down 14.3% from 449000 tonnes. COMEX Copper futures were almost near one month low level recently. The COMEX copper for July delivery quotes at $3.042 per pound, down $0.011 from last close.

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DAILY REPORT 12th JUNE 2014

NCDEX

RECOMMENDATIONS DHANIYA

NCDEX INDICES Index

Value

% Change

Castor Seed

4037

2.96

Chana

2712

-0.29

Coriander

9949

3.55

Cotton Seed Oilcake

1500

1.76

Guarseed

4995

-0.60

10680

-0.19

Mustard seed

3398

-0.41

Soy Bean

4390

-0.61

Jeera

NCDEX ROUNDUP

BUY DHANIYA JUL ABOVE 10290 TGTS 10320,10370 SL 10240 SELL DHANIYA JUL BELOW 10175 TGTS 10145,10095 SL 10125 GUARSEED

BUY GUARSEED JUL ABOVE 5275 TGTS 5305,5355 SL 5225 SELL GUARSEED JUL BELOW 5180 TGTS 5150,5100 SL 5230

YOUR MINTVISORY

Jeera rose for the second day on bargain buying amid weak arrivals. The NCDEX Jeera for the July delivery settled the day at Rs 10,940, up Rs 50 or 0.46%. Jeera arrivals declined in the Unjha mandi over last previous month. Jeera prices have been under pressure for last few months amid hopes of a strong harvest. Traders are expecting that exports of the commodity should rise in coming months amidst reports of lower production in Turkey and Syria. Latest reports from the Spices Board during the period April-December 2013, a total quantity of 96,500 tonnes of cumin valued Rs. 1281.56 crore have been exported, registering an increase of 89% in quantity and 83% in value over same month's last year. Jeera found support almost near one month low near Rs 10,760 and edged up almost Rs 220 per quintal in the last two days. The counter ended the day at Rs 10,940, up Rs 50 or 0.46% and the open interest added 333 tonnes to 7,719 tonnes, indicating fresh buying. Chana prices rose 0.46% to Rs 2,812 per quintal in futures trade today on rising demand in spot markets. At the National Commodity and Derivatives Exchange, chana for delivery in July moved up by Rs 13, or 0.46%, to Rs 2,812 per quintal with an open interest of 1,58,990 lots. Similarly, the commodity for delivery in June traded higher by Rs 10, or 0.37%, to Rs 2,730 per quintal in 22,470 lots

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DAILY REPORT 12th JUNE 2014

CURRENCY

RBI Reference Rate Currency

Rate Currency

Rate

Rupee- $

59.3250 Yen-100

57.9900

Euro

80.3200 GBP

99.4168

USD/INR

BUY USD/INR ABOVE 59.56 TGTS 59.71, 59.86 SL 59.35. SELL USD/INR BELOW 59.21 TGTS 59.06, 58.91 SL 59.42. GBP/INR

BUY GBP/INR ABOVE 99.90 TGTS 100.05, 100.20 SL 99.69. SELL GBP/INR BELOW 99.49 TGTS 99.34, 99.19 SL 99.70. YOUR MINTVISORY

CURRENCY ROUNDUP The euro slid to near four-month lows against the dollar on Wednesday as the widening yield gap between euro zone and U.S. government bonds weighed, while sterling strengthened across the board after an upbeat U.K. employment report. EUR/USD slid 0.10% to 1.3532, not far from the four-month trough of 1.3502 reached last Thursday. The ECB cut all its main rates to record lows on Thursday and for the first time imposed negative deposit rates on commercial lenders, in a bid to tackle persistently low rates of inflation and shore up the recovery in the region. Elsewhere, the pound rose to session highs against the dollar, with GBP/USD up 0.18% to 1.6787 after data showed that the U.K. unemployment rate fell to 6.6% in the three months to April, the lowest since early 2009. The claimant count, or number of people receiving jobless benefits fell by 27,400, ahead of forecasts for a for a decline of 25,000 people. April's figure was revised to a drop of 28,400 from 25,100. The data added to the view that the Bank of England will raise interest rates ahead of other central banks as the economic recovery continues to gather momentum. Sterling rose to its highest level since December 2012 against the euro, with EUR/GBP down 0.33% to 0.8057. USD/JPY was trading at 102.05, down from 102.34 late Tuesday, while USD/CHF eased up 0.14% to 0.9004. The Australian and New Zealand dollars moved higher, with AUD/USD climbing 0.22% to 0.9393 and NZD/USD up 0.33% to 0.8555. USD/CAD dipped 0.09% to 1.0892. The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, was steady close to a one-week high at 80.82. The pound rose to session highs against the dollar on Wednesday and touched fresh one-and-half year highs against the broadly weaker euro after official data showed that the U.K. unemployment rate fell to a fresh five year low, bolstering the outlook for the broader economic recovery

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DAILY REPORT 12th JUNE 2014

CALL REPORT PERFORMANCE UPDATES

Date

Commodity/ Currency Pairs

Contract

Strategy

Entry Level

Target

Stop Loss

Remark

11/10/14

MCX GOLD

JUNE

BUY

26140

26250-26320

26050

NEAR TO TARGET

11/10/14

MCX GOLD

JUNE

SELL

26000

25900-25790

26100

NOT EXECUTED

11/10/14

MCX SILVER

JULY

BUY

40550

40750-41000

40200

BOOKED PROFIT

11/10/14

MCX SILVER

JULY

SELL

40200

40000-39780

40400

NOT EXECUTED

11/10/14

NCDEX GUARSEED

JULY

BUY

5270

5300-5350

5320

SL TRIGGERED

11/10/14

NCDEX GUARSEED

JULY

SELL

5200

5170-5120

5250

BOOKED PROFIT

11/10/14

NCDEX DHANIYA

JULY

BUY

9950

9980-10030

9900

BOOKED FULL PROFIT

11/10/14

NCDEX DHANIYA

JULY

SELL

9910

9870-9820

9960

NOT EXECUTED

11/10/14

JPY/INR

JUNE

SELL

57.94

57.79-57.64

58.15

NOT EXECUTED

11/10/14

JPY/INR

JUNE

BUY

58.32

58.47-58.62

58.11

BO PROFIT NO LOSS

11/10/14

EUR/INR

JUNE

SELL

80.32

80.17-80.02

80.53

NOT EXECUTED

11/10/14

USD/INR

JUNE

BUY

80.76

80.91-81.06

80.55

NOT EXECUTED

CASH/ FUTURE/ OPTION

Strategy

Date

Scrip

Entry Level

Target

Stop Loss

Remark

11/10/14

PTC INDIA FUTURES

FUTURE

BUY

101

105-108

99

SL TRIGGERED

11/10/14

BIOCON FUTURES

FUTURE

BUY

480

459-510

470

CALL OPEN

11/10/14

NIFTY FUTURES

FUTURE

BUY

7690

7740-7790

7640

SL TRIGGERED

11/10/14

GATI

CASH

BUY

135

138-414

132

NOT EXECUTED

10/06/14

POWER GRID

FUTURE

SELL

135

142-145

130

CALL OPEN

10/06/14

JAIN IRRIGATION

FUTURE

SELL

126

134-139

120

SL TRIGGERED

10/06/14

BANK OF BARODA

FUTURE

BUY

885-890

920-950

850

CALL OPEN

YOUR MINTVISORY

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DAILY REPORT ECONOMIC CALENDAR

12th JUNE 2014

NEXT WEEK'S U.S. ECONOMIC REPORTS TIME (ET)

REPORT

PERIOD

ACTUAL

CONSENSUS FORECAST

PREVIOUS

MONDAY, JUNE 02 9:45 AM

MARKIT PMI

MAY

--

56.2

10 AM

ISM

MAY

55.2%

54.9%

10 AM

CONSTRUCTION SPENDING

APRIL

0.9%

0.2%

TUESDAY, JUNE 03 10 AM

FACTORY ORDERS

APRIL

-0.4%

0.9%

TBA

MOTOR VEHICLE SALES

MAY

16.1MLN

16.0 MLN

WEDNESDAY, JUNE 04 8:15 AM

ADP EMPLOYMENT

MAY

--

220,000

8:30 AM

TRADE DEFICIT

APRIL

-$40.4 BLN

-$40.1 BLN

8:30 AM

PRODUCTIVITY

Q1

-2.1%

-1.7%

10 AM

ISM NONMANUFACTURING

MAY

55.4%

55.2%

2 PM

BEIGE BOOK

N/A

N/A

THURSDAY, JUNE 05 8:30 AM

JOBLESS CLAIMS

5/31 FRIDAY, JUNE 06

8:30 AM

NONFARM PAYROLLS

MAY

224,000

288,000

8:30 AM

UNEMPLOYMENT RATE

MAY

6.4%

6.3%

3 PM

CONSUMER CREDIT

APRIL

--

$17.5 BLN

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Stock market special report by epic research 12th june 2014