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DAILY REPORT 06th JUNE 2014

Global markets at a glance European shares held steady and were also trading mixed, with only the CAC-40 trading with marginal gains. The benchmark index was up 0.1%, while DAX was trading lower with a negative bias and FTSE was down 0.3%. Asian stock markets ended mixed with Shanghai Composite gaining the most. Japanese stocks ended at near threemonth highs on Thursday because of a weaker yen, but upside gains remained capped as investors turned cautious and booked profit ahead of US jobs report on Friday. The benchmark Nikkei ended 0.1% higher at 15,079.37, the highest closing level since March 11. Shanghai Composite gained 0.8% while Hang Seng ended down 0.2%. Straits Times ended flat with negative bias. Wall Street Update Wall Street closed at record highs on Thursday, with both the Dow and the S&P 500 advancing further into uncharted territory, after the European Central Bank moved to combat disinflation and investors looked to today's employment report. The European Central Bank has cut the headline interest rate across the Eurozone to 0.15 percent from 0.25 percent. It is an effort to combat growing fears of deflation in the Eurozone. Previous day Roundup All the Nifty, Sensex, CNX Midcap end at record closing highs. Benchmark share indices gained momentum in the latter half of the trading session on renewed buying interest to end at record highs, The Sensex closed above 25,000 for the first time ever. The Sensex is up 213.68 points at 25019.51 and the Nifty is up 71.85 points at 7474.10. About 2130 shares have advanced, 883 shares declined, and 121 shares are unchanged.

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

Value

% Change

16836.11 1940.46 4296.23 3267.05 6813.49 15068.54 23173.67

+0.59 +0.65 +1.05 +0.90 -0..08 -0.07 +0.28

Top Gainers Company

CMP

Change

% Chg

BPCL

617.00

41.30

+7.17

SSLT

314.95

19.65

+6.665

170.5

9.80

+6.10

HINDUNILVR

636.45

31.50

+5.21

CAIRN

367.90

16.65

+4.74

CMP

Change

% Chg

1202.50 806.75 534.4 387.20 883.05

17.35 9.95 5.65 3.60 7.65

-1.42 -1.22 -1.05 -0.92 -0.86

Prev. Close

Change

%Chg

AMTEKAUTO

221.00

11.00

+5.24

ANDHRABANK

105.75

0.90

-0.84

BPCL

61700

41.30

+7.17

CROMPGREAVE

208.65

2.95

-1.39

99.40

2.30

+2.37

Prev. Close

Change

%Chg

CMP

Change

% Chg

7474.10

+71.85

+0.97

25019.51

+213.68

+0.86

HINDALCO

Top Losers Company

M&M HDFCBANK INDUSINDBK CIPLA BANKBARODA

Stocks at 52 Week’s high Symbol

ESSAROIL Index stats The Market was very volatile in last session. Except Bank Nifty, all indices end trade in the green. The sartorial indices performed as follow; Consumer Durables [up 57.61pts], Capital Goods [up 161.85pts], PSU [down 132.77pts], FMCG [up pts], Realty [down pts], Power [down pts], Auto [up 114.69pts], Healthcare [up 17.39pts], IT [up 107.363ts], Metals [up 443.07pts], TECK [up 55.56pts], Oil& Gas [up 220.14pts]. YOUR MINTVISORY

Stocks at 52 Week’s Low Symbol

Indian Indices Company

NIFTY SENSEX

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DAILY REPORT 06th JUNE 2014

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE] 1. HIND PETRO [FUTURE]

STOCK RECOMMENDATION [CASH] 1. PRAKASH IND

HIND PETRO FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 450 levels. We advise buying around 450-455 levels with strict stop loss 430 for the targets of 475-490 levels.

PRAKASH IND strong on the chart .We advise buying around 116 level with strict stop loss 112 for the targets of 120-124

2. RELIANCE INFRA [FUTURE]

MACRO NEWS The ministry will consult prime minister's office (PMO) and finance ministry on hiking LPG and kerosene prices within the week. IFCI looking to divest stakes in non-core assets. Sebi is mulling to shorten the delisting process to two months. As per the new rules, the whole process could be completed in about two months from the day a company informs exchanges. SEBI is considering a proposal to allow large investors of publicly listed firms to sell their stake through the offerfor-sale (OFS) mechanism. Information & Broadcasting minister calls for indigenization of set-top boxes to create jobs. Unearthing a major insider trading case in shares of L&T Finance , SEBI yesterday barred a Cayman Islands-based hedge fund from Indian securities markets, while the role of other entities including some employees of investment banking major Credit Suisse are also under scanner. Rakesh Jhunjhunwala sold 1.42 crore Praj Industries shares at Rs 75 a peace.

REL INFRA FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 780 levels. We advise buying around 780-790 levels with strict stop loss 750 for the targets of 820-850 levels. YOUR MINTVISORY

Call us at +91-731-6642300


DAILY REPORT FUTURE & OPTION

06th JUNE 2014

STOCKS IN NEWS Airtel ties up with Tigo, Zantel for mobile money transfer. Suzlon bags Rs750cr order from ReNew Wind Power. Mahindra launches 'XUV500 Sportz' at Rs 13.68 lakh. APERC rejects Amara Raja's power distribution license request. RINL output down 11%, IT implementation, power shortage Federal Bank gets permission from RBI to open representative office in Dubai

MOST ACTIVE PUT OPTION Symbol

Op- Strike tion Price Type

LTP

Traded Volume (Contracts )

Open Interest

NIFTY

PE

7,200

104.15

1,56,247 23,66,700

NIFTY

PE

7,000

41.1

1,05,742 35,72,950

NIFTY

PE

7,100

67.85

93,888 22,72,600

BANKNIFTY

PE

14,000

161

15,871

1,33,375

SBIN

PE

2,500

71.85

1,579

96,875

INFY

PE

2,800

34

1,383

1,14,625

TATAMOTORS

PE

400

7.75

1,367

3,49,000

LT

PE

1,500

38

1,348

1,64,000

LTP

Traded Volume (Contracts)

Open Interest

NIFTY FUTURE

MOST ACTIVE CALL OPTION Symbol

Op- Strike tion Price Type

NIFTY

CE

7,400 51.05

1,44,614

37,36,800

NIFTY

CE

7,300

86

1,43,787

31,24,000

NIFTY

CE

7,500

28

1,43,601

46,27,200

BANKNIFTY

CE

15,500

151

12,750

2,33,200

HINDUNILVR

CE

600

15

4,793

6,09,000

SBIN

CE

2,700

42

2,750

2,51,750

UNITECH

CE

35

0.85

2,640

INFY

CE

3,000

72.1

2,619

57,96,000 Nifty Future closed positive in the last trading session. We advise buying around 7550 levels with strict stop loss 2,42,875 of 7450 for the targets of 7550-7600.

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

34239

1281.26

58095

2171.02

258395

9711.45

-889.76

INDEX OPTIONS

277912

10310.06

262308

9686.41

1383167

51736.10

623.65

STOCK FUTURES

115680

4374.50

93571

3509.24

1501297

55318.33

865.26

STOCK OPTIONS

56813

2187.28

57140

2199.97

74168

2783.14

-12.69

TOTAL

586.46

INDICES NIFTY BANK NIFTY YOUR MINTVISORY

R2

R1

PIVOT

S1

S2

7,563.97

7,519.03

7,439.77

7,394.83

7,315.57

15,441.98

15,362.07

15,257.23

15,177.32

15,072.48

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DAILY REPORT 06th JUNE 2014

COMMODITY MCX

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY SILVER ABOVE 40300 TGT 40500,40800 SL BELOW 40000 SELL SILVER BELOW 39900 TGT 39700,39400 SL ABOVE 40200 GOLD

COMMODITY ROUNDUP Snapping its losing streak, gold prices recovered by Rs 40 to Rs 27,240 per 10 grams in the national capital yesterday on emergence of buying at existing lower levels amid a better trend in global markets. However, silver lacked necessary follow-up support from industrial units and lost Rs 200 to Rs 40,500 per kg. Marketmen attributed the recovery in gold prices to revival of buying by jewellers and retail customers at prevailing levels. Besides, a better trend in global markets also supported the upside. Gold in New York, which normally sets price trend in the domestic markets, rose 0.11 per cent to $1,244.90 an ounce in yesterday's trade. Nickel prices fell 0.40% to Rs 1,132.10 per kg in futures trade yesterday as speculators offloaded positions tracking a weak global trend and sluggish domestic demand. At MCX nickel for delivery in June declined by Rs 4.60, or 0.40%, to Rs 1,136.10 per kg in a business turnover of 362 lots. Similarly, the metal for delivery in July traded lower by Rs 3.90, or 0.34%, to Rs 1,137.70 per kg in 10 lots. Trimming of positions by speculators after nickel weakened overseas as production at Vale SA's plant in New Caledonia, holder of the world's second-biggest reserves, is set to resume within 10 days, mainly put pressure on metal prices at futures trade. Meanwhile, nickel for delivery in three months dropped 0.40% to USD 18,945 a tonne on the London Metal Exchange, down for the third straight day. Aluminium futures yesterday traded 0.27% lower at Rs 109.05 per kg as speculators reduced their positions amid weak global cues. Further, subdued demand in the domestic spot markets also weighed on the metal prices. At MCX aluminium for delivery in July eased by 30 paise, or 0.27%, to Rs 109.05 per kg in business turnover of two lots. The weakness in aluminium at futures trade was mostly in tune with a downtrend in base metals at the LME and subdued demand at domestic spot markets.

TRADING STRATEGY: BUY GOLD ABOVE 26020 TGT 26100,26200 SL BELOW 25920 SELL GOLD BELOW 25870 TGT 25790,25690 SL ABOVE 25980 YOUR MINTVISORY

Zinc prices drifted by 0.24% to Rs 123.35 per kg in futures trade as speculators trimmed positions after demand eased in the spot markets. Also, weak trend in other base metals in global markets influenced the sentiment. At the MCX, zinc for delivery in June shed 30 paise, or 0.24%, to Rs 123.35 per kg in a business turnover of 126 lots.

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DAILY REPORT 06th JUNE 2014

NCDEX

RECOMMENDATIONS DHANIYA

NCDEX INDICES Index

Value

% Change

Castor Seed

3996

+0.03

Chana

2827

-0.98

Coriander

9512

-0.29

Cotton Seed Oilcake

1495

+0.07

Guarseed

5060

-0.59

10960

-0.45

Mustard seed

3413

+0.26

Soy Bean

4402

-0.43

Sugar M Grade

3038

+1.03

Turmeric

5970

-0.80

Jeera

BUY DHANIYA JUN ABOVE 9530 TGTS 9560,9610 SL 9490 SELL DHANIYA JUN BELOW 9480 TGTS 9450,9400 SL 9530 GUARSEED

BUY GUARSEED JUN ABOVE 5140 TGTS 5170,5220 SL 5090 SELL GUARSEED JUN BELOW 5035 TGTS 5005,4955 SL 5085

YOUR MINTVISORY

NCDEX ROUNDUP Adverse weather conditions in North India (Assam and North Bengal) is threatening to send tea prices soaring. The Indian Tea Association today said that weather conditions had taken a serious toll on North Indian tea production. During April and May, all tea districts in Assam valley witnessed unprecedented production decline by around 40% during April and 30% during May 2013. In addition to the sharp decline in crop, there is an escalation in the cost of field and factory inputs. The impact is clear, cost of production will increase and so will prices. Amid rising domestic demand and restricted arrivals from producing regions, chana prices rose for the third-day by adding 0.10% to Rs 2,921 per quintal in futures trade yesterday as speculators enlarged positions. At the NCDEX, chana for delivery in July added another Rs 3, or 0.10% to Rs 2,921 per quintal with an open interest of 1,16,670 lots. Similarly, the commodity for delivery in June contract edged up by Rs 2, or 0.07% to Rs 2,857 per quintal in 76,060 lots. Speculators said apart from a firming trend at spot market on rising demand, restricted arrivals from producing regions also influenced chana prices at futures trade.

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DAILY REPORT 06th JUNE 2014

CURRENCY

RBI Reference Rate Currency

Rate Currency

Rate

Rupee- $

59.2973 Yen-100

57.8300

Euro

80.6999 GBP

99.3408

GBP/INR

BUY GBP/INR ABOVE 99.50 TGTS 99.65, 99.80 SL 99.29. SELL GBP/INR BELOW 98.92 TGTS 98.77, 98.62 SL 99.13. USD/INR

CURRENCY ROUNDUP The dollar eased against major currencies as traders tidied up books at month's end and warily awaited the ECB meeting next week. The US dollar index of a half dozen currency pairs was last off 0.14 percent at 80.384. The euro rose 0.24 percent to USD 1.3633. Benchmark US Treasuries yields retreated. The yield on 10-year US Treasuries was last at 2.4750 with its price down 8/32. The rupee yesterday extended losses and fell by eight paise to end at 59.11 against the dollar dragged down by monthend importer demand of the US currency. It lost 59 paise in the past five trading sessions, logging its first weekly drop in five. In May, the rupee shed 120 paise against the dollar. The rupee yesterday commenced a little down at 59.05 a dollar from last close of 59.03 at the Interbank Forex market. It later moved in a range of 58.9250 and 59.14 before concluding at 59.11, a fall of eight paise or 0.14%. Yesterday, it was down by 10 paise or 0.17%. The rupee has fallen in five sessions out of last six. The partially convertible rupee closed at 59.10/11 per dollar compared to 59.03/04 on Thursday. On the week, the rupee fell 1 percent in its biggest weekly fall since the week to Jan. 24. On the month however, the rupee gained 2 percent. In the offshore non-deliverable forwards, the one-month contract was at 59.31 while the three-month was at 59.89. FIIs had pulled out Rs 522.90 cr yesterday. As per provisional data from bourses, FIIs bought stocks worth Rs 2,977 cr yesterday. This could have helped cap rupee's losses to some extent, say forex dealers. As forex markets were closing for the day, govt data showed India's fiscal deficit during the 2013/14 fiscal year narrowed to 4.5% of GDP. Later, March quarter GDP growth came in at 4.6% year-on-year.

BUY USD/INR ABOVE 59.46 TGTS 59.61, 59.76 SL 59.25. SELL USD/INR BELOW 58.98 TGTS 58.83, 58.68 SL 59.19. YOUR MINTVISORY

The dollar ended Friday's session almost unchanged against the yen, after slipping lower earlier in the day following the release of some soft U.S. data on personal spending and consumer confidence. USD/JPY touched session lows of 101.51 before pulling back to 101.76 late Friday. For the week, the pair slid 0.14%. Call us at +91-731-6642300


DAILY REPORT 06th JUNE 2014

CALL REPORT PERFORMANCE UPDATES

Date

Commodity/ Currency Pairs

Contract

Strategy

Entry Level

Target

Stop Loss

Remark

05/06/14

MCX GOLD

JUNE

BUY

25900

25980-26080

26800

BOOKED PROFIT

05/06/14

MCX GOLD

JUNE

SELL

25800

25720-25620

26900

SL TRIGGERED

05/06/14

MCX SILVER

JULY

BUY

39950

40150-40450

39650

BOOKED FULL PROFIT

05/06/14

MCX SILVER

JULY

SELL

39700

39500-39200

40000

SL TRIGGERED

05/06/14

NCDEX GUARSEED

JUNE

BUY

5130

5160-5210

5080

SL TRIGGERED

05/06/14

NCDEX GUARSEED

JUNE

SELL

5065

5035-4985

5115

BOOKED FULL PROFIT

05/06/14

NCDEX DHANIYA

JUNE

BUY

9570

9600-9650

9520

NOT EXECUTED

05/06/14

NCDEX DHANIYA

JUNE

SELL

9520

9490-9440

9570

BOOKED FULL PROFIT

05/06/14

JPY/INR

JUNE

BUY

58.38

58.53-58.68

58.17

NOT EXECUTED

05/06/14

JPY/INR

JUNE

SELL

57.97

57.82-57.67

58.18

SL TRIGGERED

05/06/14

GBP/INR

JUNE

BUY

99.93

100.08-100.23

99.72

NOT EXECUTED

05/06/14

GBP/INR

JUNE

SELL

99.55

99.40-99.25

99.76

SL TRIGGERED

CASH/ FUTURE/ OPTION

Strategy

Date

Scrip

Entry Level

Target

Stop Loss

Remark

05/06/14

NIFTY

FUTURE

BUY

7440

7480-7520

7400

BOOKED PROFIT

05/06/14

NMDC

FUTURE

BUY

190-191

194-198

187

BOOKED PROFIT

05/06/14

BANK OF BARODA

FUTURE

BUY

885-890

920-950

850

CALL OPEN

05/06/14

AMTEK AUTO

CASH

BUY

211

214-218

211

BOOKED FULL PROFIT

04/06/14

COAL INDIA

FUTURE

BUY

390-395

405-420

380

CALL OPEN

03/06/14

ARVIND

FUTURE

BUY

194-195

199-204

189

BOOKED FULL PROFIT

26/05/14

EMAMI LTD

CASH

BUY

464

480-495

450

SL TRIGGERED

YOUR MINTVISORY

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DAILY REPORT ECONOMIC CALENDAR

06th 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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YOUR MINTVISORY

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Stock market special report by epic research 6th june 2014  
Stock market special report by epic research 6th june 2014  

Epic Research provide specialized nifty future tips to nifty futures interday traders in which we give nifty levels, nifty calls along with...

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