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DAILY REPORT 09th OCTOBER. 2013

Global markets at a glance Japan's Nikkei stock average notched its first rise in five sessions on Tuesday, tracking gains in other Asian markets, but a lack of progress in ending. The U.S. govt. shutdown and the debt-ceiling standoff kept investors on edge. The benchmark Nikkei closed up 0.3 percent at 13,894.61, rebounding from a five-week low of 13,748.94 hit earlier in the session. China's return from holiday provides support to prices.

World Indices Value

% Change

14,776.53

-1.07

S&P 500

1,655.45

-1.23

NASDAQ EURO STO FTSE 100

3,694.83 2,903.35 6,365.83

-2.00 -0.67 -1.11

European shares fell on Tuesday, with medical technology group Getinge slumping after a profit warning, as the United States' budget stalemate weighed on stock markets. The panEuropean FTSEurofirst 300 index fell for the fourth time in five sessions, declining by 0.5 percent to 1,234.72 points. The euro zone's blue-chip Euro STOXX 50 index also fell 0.4 percent to 2,912.53 points.

Nikkei 225 Hong Kong

13,920.09 23,033.56

+0.18 -0.63

Wall Street Update Share prices under duress from U.S. budget deadlock. Yellen nomination as Fed chief provide limited relief. The United States faces an Oct. 17 deadline to raise its $16.7 trillion debt limit. If US fails then there would be serious consequences on the economy. Economic data releases have been delayed due to the partial shutdown of the US. Previous day Roundup The Sensex ended with a gain of 88 points after a volatile session. The Sensex closed at 19983.61 while the Nifty was up 22.25 points to close at 5928.40. About 1257 shares have advanced, 1126 shares declined, and 147 shares are unchanged. Investors pulled out more than USD 12 bn from equity funds focused on emerging markets including India in JulySeptember quarter on concerns over US Federal Reserve's plan to curtail stimulus drive as well as tensions in Syria. USD 12.18 bn has flown out of emerging markets equities funds during 3rd quarter of 2013. Emerging markets equity funds posted back-to-back quarterly outflows for first time since 2011. Index stats Bank Nifty & Bankex both advanced 0.59% & 0.67% respectively, the sectors which were in positive move with Nifty in yesterday’s session are; Consumer Durables [up 37.22pts], Capital Goods [up 104.99pts], AUTO [up 12.27pts], Healthcare [up 18.37pts], FMCG [up 53.06pts], REALTY [up 19.53pts], TECK [up 6.32pts], Power [up 11.67pts] Oil & Gas [up 3.47pts] all traded upward. except IT [down 20.44pts], PSU [down 3.25pts], Metals [down 70.49pts].

YOUR MINTVISORY

Index DJl

Top Gainers Company

CMP

Change

% Chg

BHARTIARTL

331.35

8.10

+2.51

LT

827.00

17.85

+2.21

ITC

347.15

7.10

+2.09

JINDALSTEL

245.60

4.90

+2.04

ICICIBANK

934.50

18.30

+2.00

CMP

Change

% Chg

341.45 119.35 1,600.00 93.85 143.95

11.40 2.50 33.05 1.85 2.10

-3.23 -2.05 -2.02 -1.93 -1.44

Prev. Close

Change

%Chg

ATULAUTO

201.00

3.60

+1.82

BLUEDART

2735.10

47.50

+1.77

93.20

1.55

+1.69

TCS

2,066.05

-23.70

-1.13

TECHM

1,442.00

-1.25

-0.09

Prev. Close

Change

%Chg

48.65 304.00

1.30 9.30

-2.60 -2.97

CMP

Change

% Chg

5,928.40

+22.25

+0.38

19,983.61

+88.51

+0.44

Top Losers Company

BPCL HINDALCO SBIN IDFC BHEL

Stocks at 52 Week’s high Symbol

ESCORTS

Stocks at 52 Week’s Low Symbol

GLOBOFFS KOTHARIPRO

Indian Indices Company NIFTY SENSEX

Call us at +91-731-6642300


DAILY REPORT 09th OCTOBER. 2013

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE] 1. PUNJ LLOYD

STOCK RECOMMENDATION [CASH] 1. HINDUJA GLOBAL

PUNJ LLOYD is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 27. We advise buying around 27.50-28.00 levels with strict stop loss of 26.50 for the targets of 29-30 levels.

HINDUJA GLOBAL is looking strong on charts . We advice buying above 378 with strict stop loss of 363 for the targets of 394-425 levels.

2. TATA GLOBAL

MACRO NEWS

AXIS BANK is looking weak on charts, short build up has been seen, we may see more downside, if it continues to sustain below 1050. We advise selling on rise around 10801070 with strict stop loss of 1100 for targets of 1050-1025 levels.

YOUR MINTVISORY

Automakers sold 156,018 cars in India last month, up 0.7% from a year earlier, data from the Society of Indian Automobile Manufacturers (SIAM) showed. Sales of motorcycles rose 17.4%in September to 885,117, while truck and bus sales were down 27 percent at 51,680 units. A surprise increase in interest rates and rising car prices last month have tempered hopes for a turnaround in the country's struggling auto sector. The Reserve Bank of India's move late on Monday to cut the Marginal Standing Facility rate by 0.5% point to 9% follows a 75 basis point cut in the rate last month. A U.K. house-price index rose to the highest in more than a decade last month as government measures to boost home-buying. Chinese service sector recorded a decline in September. HSBC China Services PMI fell to 52.4 from 52.8 recorded in August The foreign trade balance showed a surplus of 13.1 bn euros in Aug. 2013. In Aug. 2012, surplus had amounted 16.3 bn euros. In calendar terms, it has balance recorded a surplus of 15.6 bn euros in Aug. 2013. Call us at +91-731-6642300


DAILY REPORT FUTURE & OPTION

09th OCTOBER. 2013

STOCKS IN NEWS Eyeing re-entry into CDR cell; healthy loan growth: IFCI. LIC Housing plans to raise at least 2 billion rupees in debt, it is selling three-year bonds at 9.45%. Tata attempts to revive Nano, launches CNG variant at Rs 2.52L-Rs 2.77L Infosys is set to announce its Q2 numbers on Friday. Apollo Tyres Wants to Renegotiate Cooper Tire Deal.

MOST ACTIVE PUT OPTION Symbol

Option Type

Strike Price

LTP

Traded Volume (Contracts)

Open Interest

NIFTY

PE

5,800

93.00

1,94,441

46,29,350

NIFTY

PE

5,700

66.85

1,85,226

51,90,050

NIFTY

PE

5,900 126.65

1,48,018

30,24,550

BANK NIFTY

PE

9,500 170.00

18,107

4,27,450

SBIN

PE

1,600

68.60

3,861

2,46,875

INFY

PE

2,500

33.70

2,787

5,47,250

RELIANCE

PE

840

24.60

1,212

4,68,000

SBIN

PE

1,500

32.10

2,956

2,19,625

Strike Price

LTP

Traded Volume (Contracts)

Open Interest

NIFTY FUTURE

MOST ACTIVE CALL OPTION Symbol

Option Type

NIFTY

CE

6,100

80.55

2,45,408

47,27,000

NIFTY

CE

6,200

48.25

2,28,984

34,79,050

NIFTY

CE

6,000

123.80

1,56,530

41,42,150

BANKNIFTY

CE

11,000

119.00

17,277

2,03,000

SBIN

CE

1,700

39.00

5,213

3,29,500

RELIANCE

CE

860

23.50

2,036

4,78,250

DLF

CE

150

5.45

2,446

18,95,000

INFY

CE

3,400

71.00

2,339

3,60,000

AXISBANK

CE

1,100

46.40

1,689

2,89,250

Nifty Future as expected closed in the red in last trading session. We advise selling on rise around 59806000 with stop loss of 6030 for targets of 5955-5925.

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

54678

1595.10

59873

1764.00

385528

11197.56

-168.90

INDEX OPTIONS

404352

11763.58

410440

11876.54

1839574

54262.85

-112.97

STOCK FUTURES

55200

1544.45

55895

1547.72

928236

25971.07

-3.27

STOCK OPTIONS

30536

810.76

31652

851.83

63986

1813.68

-41.07

TOTAL

-326.21

INDICES NIFTY NIFTYJUNIOR BANKNIFTY

YOUR MINTVISORY

S2 5872.33 11479.45 9867.18

S1 5900.36 11536.95 10004.31

PIVOT 5941.03 11628.85 10227.73

R1 5969.06 11686.35 10364.86

R2 6009.73 11778.25 10588.28

Call us at +91-731-6642300


DAILY REPORT 09th OCTOBER. 2013

COMMODITY MCX

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY GOLD ABOVE 29750 TGTS 29850/29950 SL 29620 SELL GOLD BELOW 29540 TGTS 29440/ 29340 SL 29660 GOLD

COMMODITY ROUNDUP Gold inched higher on Tuesday as faint glimmers of hope in the U.S. fiscal standoff were not enough to dissipate fears the country could still be pushed towards an unprecedented default. India gold futures recorded an uptick on Tuesday supported by depreciation of Indian Rupee (INR) against UD Dollar (USD) and firm international cues. MCX gold for December delivery was seen trading up by 0.21% at Rs.29549 per 10 grams as of 15.16 IST on Tuesday. US gold held gains on Tuesday morning after US Govt shutdown entered for a second week. The commodity was supported by weak US Dollar index and hopes that US Central Bank may continue with its monetary stimulus amid gloomy economic outlook on US. Chinese markets have reopened on Tuesday after a week long National Day holiday and are expected to support the yellow metal movement in the global market. Comex gold futures for December delivery on electronic platform was seen trading with a loss of $2.2 at $1322.9 per troy ounce as of 15.32 IST on Tuesday. India lead futures edged up on Tuesday on short covering amid depreciation of Indian Rupee (INR) against US Dollar (USD). Lead futures for October delivery on India's Multi Commodity Exchange (MCX) was seen trading up by 0.91% at Rs.127.95 per kilogram as of 13.53 IST on Tuesday. MCX nickel for October delivery was seen trading up by 0.85% at Rs.865.60 per kilogram as of 13.59 IST on Tuesday. Amid a weak trend in the Asian region, silver prices fell by Rs 167, or 0.34%, to trade at Rs 49,463 per kg in futures trade yesterday as speculators reduced positions. At the Multi Commodity Exchange, silver for delivery in December contract traded Rs 167, or 0.34%, lower at Rs 49,463 per kg in business turnover of 884 lots. And the white metal for delivery in far-month March fell by Rs 174, or 0.34% lower, at Rs 50,601 per kg in four lots.

TRADING STRATEGY: BUY GOLD ABOVE 29750 TGTS 29850/29950 SL 29620 SELL GOLD BELOW 29540 TGTS 29440/ 29340 SL 29660

YOUR MINTVISORY

Supported by rising spot demand and a firming trend overseas, nickel prices rose 0.31% to Rs 861 per kg in futures market yesterday as speculators built up positions. At the Multi Commodity Exchange, nickel for delivery in October gained Rs 2.70, or 0.31%, to Rs 861 per kg, clocking a business turnover of 862 lots. And the metal for delivery in November moved up by Rs 1.60, or 0.19%, to Rs 869 per kg in 80 lots.

Call us at +91-731-6642300


DAILY REPORT 09th OCTOBER. 2013

NCDEX

RECOMMENDATIONS CASTORSEED

NCDEX INDICES Index

Value

% Change

Barley

1219.5

+0.29

Castor Seed

3574

+1.16

Chana

2981

-0.63

Chilli

5796

+0.38

Coriander

6464

+3.99

Cotton Seed Oilcake

1500

+0.87

12835

+0.31

Mustard seed

3536

+0.71

Ref Soya Oil

693.6

+1.35

Turmeric

4846

+0.96

Jeera

BUY CASTORSEED ABOVE 3600 TG 3630,3660 SL 3560 SELL CASTORSEED BELOW 3500 TG 3470,3440 SL 3550

NCDEX ROUNDUP Global supply of maize is likely to rise following record crop in Argentina, Brazil and Black Sea Region; who are major exporters to world markets. India is currently out priced in the international markets as Indian corn is being offered at USD 270- 275/MT FOB Kakinada/Vizag against Ukrainian origin which is being sold around USD 235/MT CNF South Korea,� Choksi informed.

DHANIYA India's soyameal exports to Iran have jumped 85% to 9.64 lakh tonnes during marketing year 2012-13 amid trade sanctions from the US. There has been a surge in the shipments to Iran after trade restrictions were imposed by the United States. Transaction between both countries in Indian rupee is another factor which pushed exports to the West Asian nation . In the marketing year ended last month, Iran has become the largest importer of soyameal from India. Export of soyameal used as animal feed has increased sharply in September this year to 1.73 lakh tonnes from 2,864 tonnes in the same month last year. However, the total exports of soyameal has declined by 4% to 34.73 lakh tonnes during the 2012-13 marketing year (October-September) from 36.23 lakh tonnes in the previous year due to lower availability of soyabean for crushing. BUY DHANIYA ABOVE 6485 TG 6515,6545 SL 6445 SELL DHANIYA BELOW 6400 TG 6370,6340 SL 6440

YOUR MINTVISORY

Cardamom prices tumbled three% to Rs 647.20 per kg in futures trade today as speculators booked profits amid subdued demand in the spot market.

Call us at +91-731-6642300


DAILY REPORT 09th OCTOBER. 2013

CURRENCY

RBI Reference Rate Currency

Rate Currency

Rate

Rupee- $

61.6885 Yen-100

63.5000

Euro

83.6875 GBP

99.2013

JPY/INR

CURRENCY ROUNDUP INR was seen touching 61.85 against USD, a depreciation of 0.41% as of 14.12 IST on Tuesday. The dollar edged higher on Tuesday, pulling away from a two-month low against the yen as signs emerged that US lawmakers could come to an agreement to avoid a default. Signs of progress on the fiscal standoff in Washington helped lift the dollar off an eight-month low on Tuesday, but lingering fear of any U.S. debt default weighed on world shares and oil.

JPY/INR has closed @64.0875. If it breaks the level of 63.50, it can touch the level of 63.36 & 63.00. If it sustains above the level of 64.40, it can touch the level of 64.67 & 65.03. EUR/INR

The dollar was up 0.4 per cent at 97.10 yen, having dropped to 96.55 yen, its lowest since Aug. 12. It then recovered to trade back above chart support at 96.73 yen, its 200-day moving average. The dollar index, which measures the US currency's value against a basket of currencies, was up 0.1 per cent at 80.026. Last week it hit an eightmonth low of 79.627. The euro was down 0.1 per cent at $1.3568, pulling away from an eight-month high of $1.3645 touched on Thursday. The Euro has extended its decline against the US Dollar as the pair broken down the 1.3570 support to test the 1.3560 level. The EUR/USD may be in the third and final stage of an “abc� correction lower now with a downside target of 1.3489 to 1.3515. The dollar got some relief against the yen on Wednesday from news U.S. President has tapped dovish Federal Reserve Vice Chairwoman Janet Yellen to head the U.S. central bank, though the U.S. budget impasse kept the greenback near an eight-month trough against a basket of currencies. The dollar rose to 97.21 yen after having hit a two -month low of 96.55 yen on Tuesday. The euro traded at $1.3568, below an eight-month peak of $1.36465 hit last week.

EUR/INR has closed @84.4175. If it breaks level of 83.80, it can touch the level of 83.60 & 83.21. If it sustains above the level of 84.70 it can touch the level of 84.95 & 85.23. YOUR MINTVISORY

The Reserve Bank of India said on Tuesday banks will not be allowed to bid for term repos at or below the prevailing repo rate and it will conduct 7-day and 14-day repos on alternate Fridays starting Oct. 11. Call us at +91-731-6642300


DAILY REPORT 09th OCTOBER. 2013

CALL REPORT PERFORMANCE UPDATES

Date 08/10/13 08/10/13 08/10/13 08/10/13 08/10/13 08/10/13 08/10/13 08/10/13 08/10/13 08/10/13 08/10/13 08/10/13 Date

Commodity/ Currency Pairs MCX GOLD MCX GOLD MCX SILVER MCX SILVER NCDEX CASTOR SEED NCDEX CASTOR SEED NCDEX DHANIYA NCDEX DHANIYA USD/INR GBP/INR USD/INR GBP/INR Scrip

Contract OCT. DEC. OCT. DEC. OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. CASH/ FUTURE/ OPTION FUTURE FUTURE FUTURE CASH

Strategy

Entry Level

Target

Stop Loss

Remark

BUY SELL BUY SELL SELL BUY BUY SELL SELL SELL BUY BUY

29600 29330 49900 49250 3500 3565 6280 5900 61.95 99.35 62.95 100.55

29700-29800 29230-29130 50200-50500 48950-48650 3470-3440 3595-3625 6310-6340 5870-5840 61.76-61.38 99.00-98.78 63.20-63.61 100.85-101.44

29470 29450 49500 49600 3550 3525 6240 5950

BOOKED PROFIT NOT EXECUTED BOOKED PROFIT NOT EXECUTED BOOKED FULL PROFIT BOOKED PROFIT BOOKED FULL PROFIT NOT EXECUTED BOOKED PROFIT NOT EXECUTED NOT EXECUTED NOT EXECUTED

Strategy

Entry Level

08/10/13 08/10/13 08/10/13 08/10/13

NIFTY TECHM RANBAXY APAR INUSTTRIES

BUY BUY BUY BUY

04/10/13

BANKBARODA

FUTURE

BUY

252-230

07/10/13

NIFTY

FUTURE

BUY

5930-5950

Target

5920-5930 1450-1460 390 107

Stop Loss

5960-5980 1475-1490 398-410 112-115

Remark

5890 1420 378 102

NOT EXECUTED CALL OPEN NOT EXECUTED BOOKED PROFIT

538-545

505

5980-5990

5900

BOOKED PROFIT BOOKED FULL PROFIT

US ECONOMIC REPORT TIME (ET)

REPORT

10 am 2 pm 2 pm

Wholesale inventories* FOMC minutes Federal budget*

8:30 am 8:30 am

Weekly jobless claims Import price index*

8:30 am 8:30 am 8:30 am 8:30 am 9:55 am 10 am

Retail sales* Retail sales ex-autos* Producer price index* Core PPI* UMich consumer sentiment index Business inventories*

PERIOD ACTUAL WEDNESDAY, OCT. 9 Aug. 9/18 Oct. THURSDAY, OCT. 10 10/5 Sept. FRIDAY, OCT. 11 Sept. Sept. Sept Sept. Oct. Aug.

CONSENSUS FORECAST

PREVIOUS

--

0.1%

--

-$75 bln

N/A 0.2%

308,000 0.0%

0.2% 0.4% 0.2% 0.1% 78.2 0.3%

0.2% 0.1% 0.3% 0.0% 77.5 0.4%

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YOUR MINTVISORY

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Special report by epic reseach 9 october 2013