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DAILY REPORT 18th JUNE 2014

Global markets at a glance In Asia, Japan's Nikkei firmed 0.45% in morning trade while Australia's main index ticked lower. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%. European stock markets rose on Tuesday to claw back ground lost in previous sessions, as new signs of possible takeover activity pushed up major healthcare and pharmaceutical stocks. The FTSEurofirst 300 index closed up 0.3% at 1,387.75 pts, after falling in the last two sessions down from a 6-1/2 year high of 1,398.65 pts reached earlier in June. The euro zone's blue-chip Euro STOXX 50 index gained 0.4% to 3,275.33pts and Germany's DAX rose by the same margin to 9,920.32pts, having recently slipped from its June 10 record high of 10,033.74 pts. Wall Street Update U.S. stocks rose on Tuesday as data pointing to higher inflation lifted financial shares while high-growth tech names attracted renewed attention. The S&P financial sector index .SPSY was the day's biggest gainer. The S&P 500 ended near its record high after three days of gains, led by a 1% rise in the S&P Financial index. The Dow Jones industrial average .DJI rose 27.48 points or 0.16 percent, to end at 16,808.49. The S&P 500 .SPX gained 4.21 points or 0.22 percent, to 1,941.99. The Nasdaq Composite .IXIC added 16.13 points or 0.37 percent, to 4,337.23. Previous day Roundup After a sluggish trading day, the market finally woke up in final hour. The Sensex ended up 330.71 points or 1.31 percent at 25521.19 and the Nifty was up 98.15 points or 1.3 percent at 7631.70. About 2045 shares advanced, 948 shares declined and 110 shares were unchanged. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 59.39pts], Capital Goods [up 302.51pts], PSU [up 231.72pts], FMCG [down 11.71pts], Realty [up 17.58pts], Power [up 41.81pts], Auto [up 95.20pts], Healthcare [up 10.38pts], IT [up 38.12ts], Metals [up 207.76pts], TECK [up 38.07pts], Oil& Gas [up 324.86pts].

YOUR MINTVISORY

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

Value

% Change

16808.49 1941.99 4337.23 3275.33 6766.77 15044.67 23191.97

+0.16 +0.22 +0.37 +0.43 +0.18 +0.46 -0.05

Top Gainers Company

CMP

Change

% Chg

445.80

18.90

+4.43

1843.80

70.70

+3.99

561.10

21.25

+3.94

9282.35

35.70

+3.77

553.75

19.30

+3.61

CMP

Change

% Chg

1182.00 2759.00 2590.00 630.00 2411.85

16.00 24.85 21.35 4.75 12.60

-1.34 -0.89 -0.82 -0.75 -0.52

Prev. Close

Change

%Chg

ABB

189.15

6.80

+3.73

ASIANPAINT

561.10

21.25

+3.94

BHARATFORG

584.95

5.80

+1.00

GAIL

446.25

12.95

+2.99

PETRONET

166.15

2.50

+1.53

Prev. Close

Change

%Chg

CMP

Change

% Chg

7631.70

+98.15

+1.30

25521.19

+330.71

+1.31

ONGC AXISBANK ASIANPAINT PNB INDUSINDBANK

Top Losers Company

M&M MCDOWELL-N HINDUNILVR DRREDDY JINDALSTEEL

Stocks at 52 Week’s high Symbol

Stocks at 52 Week’s Low Symbol

Indian Indices Company

NIFTY SENSEX

Call us at +91-731-6642300


DAILY REPORT 18th JUNE 2014

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE] 1. SSLT [FUTURE]

STOCK RECOMMENDATION [CASH] 1. CENTURY PLY

SSLT FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 300 levels. We advise buying around 299-302 levels with strict stop loss 292 for the targets of 306-310 levels.

CENTURY PLY near 52 week high. We advise buying around 78 level with strict stop loss 76 for the targets of 80-82

2. ALBK [FUTURE]

ALLAHABAD BANK FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 140 levels. We advise buying around 138-140 levels with strict stop loss 134 for the targets of 144-148. YOUR MINTVISORY

MACRO NEWS FIIs, through primary market and stock exchanges, can now purchase up to 49% of the paid-up capital of Idea Cellular Limited under the Portfolio Investment Scheme. RBI Governor Raghuram Rajan on Tuesday tagged as schizophrenic some of the recommendations of the Financial Sector Legislative Reforms Commission which had proposed unified regulatory framework by merging regulation of trading under a Unified Financial Agency. Deutsche Bank upgrades Kotak Mhindra bank to "buy" from "hold" and increases the price target to 1,080 rupees from 770 rupees. Reliance Industries annual general meeting at 11 am for it has made an open offer for the takeover of Network18, which owns Moneycontrol.com and other digital, print and TV channels. Government may sell 5 percent stake in SAIL . United Bank of India AGM today: To consider raising of fund to the tune of Rs 1000 crore via QIP, internal accrual and debt. United Spirits open offer closes tomorrow. Kotak Mahindra Bank seeks shareholder nod to up FII limit to 40 percent by July 16.

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DAILY REPORT FUTURE & OPTION

18th JUNE 2014

STOCKS IN NEWS Hero MotoCorp plans 6th plant, scouts for site in South India. Cairn India gets green nod to raise oil output at Rajasthan block. Adani Group to raise $2.5 bn through QIP, foreign loans Suzlon Energy gets Corporate Debt Restructuring Committee's nod to restructure existing bonds.

MOST ACTIVE PUT OPTION Symbol

Op- Strike tion Price Type

LTP

Traded Volume (Contracts )

Open Interest

NIFTY

PE

7,500

20.75

4,87,717 55,22,550

NIFTY

PE

7,400

9.6

3,03,363 43,52,550

NIFTY

PE

7,600

43.35

2,98,406 42,09,950

BANKNIFTY

PE

15,000

95

28,635

3,30,775

SBIN

PE

2,500

9

3,920

1,63,125

TATASTEEL

PE

520

6.7

1,588

9,54,000

INFY

PE

3,200

32.1

2,455

2,11,125

RELIANCE

PE

1,060

6.55

2,038

3,19,750

LTP

Traded Volume (Contracts)

Open Interest

NIFTY FUTURE

MOST ACTIVE CALL OPTION Symbol

Op- Strike tion Price Type

NIFTY

CE

7,600 104.8

4,96,802

46,29,600

NIFTY

CE

7,700 51.65

4,77,542

50,23,800

NIFTY

CE

7,800

21.7

2,21,045

51,21,900

BANKNIFTY

CE

15,500

252

31,492

2,94,875

SBIN

CE

2,700

43

6,915

4,89,375

RELINACE

CE

1,100

20.5

6,631

12,80,750

INFY

CE

3,300

37

3,789

TATASTEEL

CE

540 11.35

2,248

4,52,500 Nifty Future closed in green in the last trading session. We advise buying around 7690 levels with strict stop 8,12,000 loss of 7550 for the targets of 7730-7770

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

53036

2011.53

57897

2201.26

379369

14541.87

-189.73

INDEX OPTIONS

433424

16377.55

381944

14447.53

1725413

65862.76

1930.02

STOCK FUTURES

71899

2737.93

104051

3970.93

1534777

56425.36

-1233.00

STOCK OPTIONS

72532

2787.35

73737

2824.87

109534

4156.06

-37.53

TOTAL

-469.77

INDICES NIFTY BANK NIFTY YOUR MINTVISORY

R2

R1

PIVOT

S1

S2

7,721.20

7,676.45

7,592.85

7,548.10

7,464.50

15,693.90

15,533.55

15,233.40

15,073.05

14,772.90

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DAILY REPORT 18th JUNE 2014

COMMODITY MCX

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY SILVER ABOVE 42700 TGT 42980, 43200 SL BELOW 42500 SELL SILVER BELOW 41800 TGT 41600,41400 SL ABOVE 42000 GOLD

TRADING STRATEGY: BUY GOLD ABOVE 27000 TGT 27100,27230 SL BELOW 26900 SELL GOLD BELOW 26650 TGT 26550,26400 SL ABOVE 26750 YOUR MINTVISORY

COMMODITY ROUNDUP Brent crude futures held near $113 per barrel with the United States considering air strikes in Iraq as the security situation worsens in the key oil producing country. West Texas Intermediate fell amid speculation that last week’s increase to the highest level in nine months was excessive. Brent dropped in London on signs Iraqi forces will slow the advance of insurgents. The turmoil in Iraq kept oil prices supported. U.S. light crude added 22 cents to $106.58, while Brent oil eased back 17 cents to $113.28 per barrel. Spot gold settled back at $1,270.90 an ounce after running into profit-taking at Monday peak of $1,284.85. Gold futures fell on Tuesday after upbeat U.S. inflation data fueled demand for the dollar, which tends to move inversely from the yellow metal. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at 1,271.00 a troy ounce during U.S. trading, down 0.34%, up from a session low of $1,259.00 and off a high of $1,273.50. Silver for July delivery was up 0.02% at $19.718 a troy ounce, while copper futures for July delivery were up 0.38% at $3.062 a pound. At the MCX, silver prices for delivery in July traded lower by Rs 119, or 0.28%, to Rs 42,085 per kg in business turnover of 341 lots. Similarly, the white metal prices for delivery in September declined by Rs 93, or 0.22%, to Rs 42,325 per kg in business volume of 12 lots. In the international market, silver prices traded 0.40% lower at $19.58 an ounce in Singapore. Zinc futures prices yesterday edged up by 0.36% to Rs 126.70 per kg yesterday as speculators enlarged positions, amidst a firm global trend and better domestic demand. At MCX, zinc for delivery in June increased by 45 paise, or 0.36%, to Rs 126.70 per kg, with a business turnover of 302 lots. Likewise, the metal for delivery in July traded higher by 45 paise, or 0.35%, to Rs 127.45 per kg in a turnover of 19 lots. Besides improved demand in domestic spot market, a firming trend in base metals overseas on speculation that demand will stabilize in China and the US, the world's largest metal consumers, supported the upside in zinc futures.

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DAILY REPORT 18th JUNE 2014

NCDEX

RECOMMENDATIONS DHANIYA

NCDEX INDICES Index

Value

% Change

Castor Seed

4078

-1.40

Chana

2755

-2.30

Coriander

9870

-2.74

Cotton Seed Oilcake

1545

+0.32

Guarseed

5100

-1.73

10660

-1.34

Mustard seed

3450

-0.52

Soy Bean

4286

-1.08

Sugar M Grade

3060

-0.16

Turmeric

6022

-1.86

Jeera

BUY DHANIYA JUL ABOVE 10350 TGTS 10380,10430 SL 10300 SELL DHANIYA JUN BELOW 10210 TGTS 10180,10130 SL 10260 GUARSEED

NCDEX ROUNDUP Mustardseed prices improved by Rs 20 to Rs 3,633 per quintal in future trading yesterday following fresh positions created by speculators amidst rising demand in spot market. At the NCDEX, mustardseed for delivery in far-month September contracts rose Rs 20, or 0.55%, to Rs 3,633 per quintal, in an open interest of 2,700 lots. On the similar lines, mustardseed for delivery in current month contracts inched up by Rs 17, or 0.49%, to Rs 3,485 per quintal, with an open interest of 7,810 lots. The rise in mustardseed in futures trade was mostly supported by a firming trend at spot markets on increased demand against restricted supplies. At NCDEX refined soya oil for delivery in July rose by Rs 3, or 0.44%, to Rs 684.90 per 10 kg with an OI of 1,63,300 lots. Likewise, the oil for delivery in June contract ended up by Rs 2.15, or 0.31%, to Rs 702 per 10 kg in 39,980 lots. Pick up in demand in spot market against tight supplies from producing regions attributed rise in refined soya oil prices.

BUY GUARSEED JUL ABOVE 5190 TGTS 5230,5280 SL 5140 SELL GUARSEED JUL BELOW 5125 TGTS 5095,5045 SL 5175

YOUR MINTVISORY

Chana prices declined by 0.30% to Rs 2,960 per quintal in futures trade on emergence of profit-booking by speculators at prevailing levels amidst subdued demand in the spot market. At NCDEX chana for delivery in July traded lower by Rs 9, or 0.30%, to Rs 2,960 per quintal with an open interest of 1,72,210 lots. Besides profit-booking by speculators at prevailing levels, sluggish demand in the spot markets against adequate stocks position mainly influenced chana prices in futures trade. Call us at +91-731-6642300


DAILY REPORT 18th JUNE 2014

CURRENCY

RBI Reference Rate Currency

Rate Currency

Rupee- $

60.3680 Yen-100

Euro

81.8665 GBP

GBP/INR

SELL GBP/INR BELOW 102.15 TGTS 102.00, 101.85 SL 102.36. BUY GBP/INR ABOVE 102.54 TGTS 102.69, 102.84 SL 102.33. JPY/INR

Rate

59.2100 102.4807

CURRENCY ROUNDUP The rupee tumbled to its lowest level in nearly two months on Tuesday on the worsening geo-political crisis in Iraq. The Indian rupee fell further on Tuesday, June 17, 2014 tracking the weak cues from the Asian currencies market. Moreover, rising inflation and global concerns weighed down the currency. The domestic currency opened lower by 20 paise at Rs 60.36 against the US dollar but plunged down to a low of 60.51 so far during the day. In the spot currency market, the Indian unit was last seen trading at 60.43, off intra day lows but down 27 paise or 0.45% as compared to previous close at 60.16. Rupee weakened to its lowest level in more than a month on Monday as surging crude oil prices threatened to push up domestic inflation pressures and aggravate the country's current account deficit. The dollar climbed in tandem with rising Treasury yields on Wednesday as a surprisingly high reading for U.S. inflation threatened to give a hawkish tilt to the Federal Reserve's policy outlook later in the session. The Fed's two-day policy meeting ends with a statement at 1800 GMT, followed half an hour later by a news conference with Chair Janet Yellen. The euro faded to $1.3546, from a high of $1.3587, as the outlook for U.S. rates contrasted with the European Central Bank's recent decision to ease policy yet further. The dollar was also up at 102.17 yen and edging away from last week's trough of 101.60.

SELL JPY/INR BELOW 58.96 TGTS 58.81, 58.66 SL 59.17. BUY JPY/INR ABOVE 59.30 TGTS 59.45, 59.60 SL 59.09. YOUR MINTVISORY

In the global currency market, the dollar fluttered in a narrow range in Asia on Tuesday, caged by caution ahead of this week's U.S. Federal Reserve meeting and concern about the developing crisis in Iraq. The dollar index, which measures the US currency's strength against major currencies, was trading at 80.51, down 0.05% from it's the previous close of 80.47.

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DAILY REPORT 18th JUNE 2014

CALL REPORT PERFORMANCE UPDATES

Date

Commodity/ Currency Pairs

Contract

Strategy

Entry Level

Target

Stop Loss

Remark

17/06/14

MCX GOLD

AUG.

BUY

27080

27160-27300

26950

NOT EXECUTED

17/06/14

MCX GOLD

UG.

SELL

26900

26780-26600

27050

NOT EXECUTED

17/06/14

MCX SILVER

JULY

BUY

42600

42850-43000

42350

NOT EXECUTED

17/06/14

MCX SILVER

JULY

SELL

41900

41450-41700

42150

BOOKED PROFIT

17/06/14

NCDEX GUARSEED

JUNE

BUY

5300

5330-5380

5250

NOT EXECUTED

17/06/14

NCDEX GUARSEED

JUNE

SELL

5200

5170-5120

5250

BOOKED PROFIT

17/06/14

NCDEX DHANIYA

JULY

BUY

10590

10620-10670

10540

BOOKED PROFIT

17/06/14

NCDEX DHANIYA

JULY

SELL

10430

10400-10350

10480

17/06/14

EUR/INR

JUNE

BUY

81.69

81.84-81.99

81.48

17/06/14

EUR/INR

JUNE

SELL

81.21

81.06-81.91

81.42

NOT EXECUTED

17/06/14

USD/INR

JUNE

SELL

60.39

60.54-60.69

60.18

NOT EXECUTED

17/06/14

USD/INR

JUNE

BUY

59.94

59.79-59.64

61.15

SL TRIGGERED

CASH/ FUTURE/ OPTION

Strategy

Date

Scrip

Entry Level

Target

Stop Loss

BOOKED FULL PROFIT NO PROFIT NO LOSS

Remark

17/06/14

NIFTY

FUTURE

SELL

7580

7620-7660

7540

BOOKED FULL PROFIT

17/06/14

RELIANCE CAPITAL

FUTURE

BUY

620-625

640-655

600

CALL OPEN

17/06/14

PFC

FUTURE

BUY

295-300

305-310

288

CALL OPEN

17/06/14

DISHMAN PHARMA

CASH

BUY

123

126-129

120

BOOKED FULL PROFIT

16/06/14

HINDUNILVR

FUTURE

BUY

635-640

655-675

610

CALL OPEN

16/06/14

DIVIS LAB

FUTURE

BUY

1340-1360

1400-1465

1290

CALL OPEN

13/06/14

LUPIN

FUTURE

BUY

980

1020-1025

960

CALL OPEN

10/06/14

POWER GRID

FUTURE

SELL

135

142-145

130

CALL OPEN

YOUR MINTVISORY

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DAILY REPORT ECONOMIC CALENDAR

18th JUNE 2014

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

REPORT

PERIOD

ACTUAL

CONSENSUS FORECAST

PREVIOUS

MONDAY, JUNE 16 8:30 AM

EMPIRE STATE INDEX

JUNE

16.7

19.0

9:15 AM

INDUSTRIAL PRODUCTION

MAY

0.5%

-0.6%

9:15 AM

CAPACITY UTILIZATION

MAY

78.8%

78.6%

10 AM

HOME BUILDERS' INDEX

JUNE

47

45

10 AM

CONSTRUCTION SPENDING

APRIL

0.9%

0.2%

TUESDAY, JUNE 17 8:30 AM

CONSUMER PRICE INDEX

MAY

0.2%

0.3%

8:30 AM

CORE CPI

MAY

0.2%

0.2%

8:30 AM

HOUSING STARTS

MAY

1.03MLN

1.07 MLN

--

-$81 BLN

WEDNESDAY, JUNE 18 8:30 AM

CURRENT ACCOUNT

2 PM

FED STATEMENT

2:30 PM

YELLEN PRESS CONFERENCE

1Q

THURSDAY, JUNE 019 8:30 AM

JOBLESS CLAIMS

6/14

N/A

N/A

10 AM

PHILLY FED

JUNE

16.0

15.4

10 AM

LEADING INDICATORS

MAY

--

0.4%

FRIDAY, JUNE 20 NONE SCHEDULED Disclaimer 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 liability) 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 information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report 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.

YOUR MINTVISORY

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Stock market special report by epic research 18th june 2014