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DAILY REPORT 30th DECEMBER. 2013

Global markets at a glance Tokyo's Nikkei .N225 added 0.3 % in morning trade on what is its last trading day of the year. The market is closed for the New Year holiday from Tuesday to Friday and will reopen on Jan. 6.. Australian stocks rose 0.5 % .AXJO to bring their gains for the year to 15 percent. European shares resumed their sharp year-end rally on Friday after the Christmas break, closing at their highest level in five years . The pan-European FTSEurofirst 300 index ended 1.1% higher at 1,314.29 points in thin holiday volume. The benchmark index, which has surged 5.3 % since Dec. 17, is on track to post a gain of 16 % on the year. The euro zone's blue-chip Euro STOXX 50 index advanced 1.3% to 3,111.37 points, a five-year closing high, while the DAX added 1.1%, to end at a fresh record high of 9,589.39 points. Around Europe, Britain's FTSE 100 index gained 0.9%. Wall Street Update US stock indexes closed mostly flat on Friday, with the Dow snapping a six-day streak of record closing highs. he Dow Jones industrial average fell 1.47 points or 0.01 per cent, to end at 16,478.41. The S&P 500 dipped just 0.62 of a point, or 0.03 per cent, to finish at 1,841.40. The Nasdaq Composite dropped 10.59 points or 0.25 per cent, to close at 4,156.59. Friday's slight decline also halted the S&P 500's run of four record closing highs in a row. Previous day Roundup Dalal Street ended the week on a positive and steady note. The Nifty held 6300 till the end to closing at 6313.80 up 34.90 points. The Sensex was up 118.99 points at 21193.58. About 1374 shares advanced, 1166 shares declined, and 147 shares were unchanged. Index stats The Bankex and Bank Nifty both advanced 0.52% & 0.65% respectively. Among the sartorial indices almost all the sectors were up; Capital Goods [up 17.33pts], ], PSU [up 21.03pts], Consumer Durables [up 26.89pts], Metals [up 49.26pts], FMCG [up 37.87pts, Realty [up 4.28pts], TECK [up 69.80pts], IT [up 153.93pts], Power [up 0.72pts], and Healthcare [up 67.27pts], the index slipped was AUTO [down 10.72pts] and Oil & Gas [down 36.68 pts].

World Indices Index

Value

% Change

16,478.41

-0.01

S&P 500

1,841.40

-0.03

NASDAQ EURO STO FTSE 100

4,156.59 3,111.37 6,750.87

-0.26 +1.25 +0.85

Nikkei 225 Hong Kong

16,247.89 23,312.01

+0.43 +0.30

DJl

Top Gainers Company

CMP

Change

% Chg

2,165.15

64.85

+3.09

NMDC

142.50

3.85

+2.78

KATAKBANK

739.00

13.10

+1.80

CIPLA

405.00

6.95

+1.75

WIPRO

557.40

8.80

+1.60

CMP

Change

% Chg

53.70 1,773.45 878.05 485.25 1,765.25

0.95 20.15 9.50 4.60 14.65

-1.74 -1.12 -1.07 -0.94 -0.82

Prev. Close

Change

%Chg

BFUTILITIE

563.25

6.45

-1.13

DIVISLAB

1177.35

42.65

+3.62

GMBREW

105.00

8.30

+8.58

HCLTECH

1,258.85

13.95

+1.12

JSWSTEEL

1,009.05

10.30

+1.03

Prev. Close

Change

%Chg

13.60

0.25

-1.81

CMP

Change

% Chg

6,313.80 21,193.58

34.90 +118.99

+0.56 +0.56

TCS

Top Losers Company

JPASSOCIAT MARUTI RELIANCE ASIANPAIMT ULTRACEMCO

Stocks at 52 Week’s high Symbol

Stocks at 52 Week’s Low Symbol

RUCHINFRA --

Indian Indices Company NIFTY SENSEX

YOUR MINTVISORY

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DAILY REPORT 30th DECEMBER. 2013

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE] 1. PNB

STOCK RECOMMENDATION [CASH] 1. KOLTE PATIL

PNB FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 640. We advise buying around 640-645 levels with strict stop loss 630 for the targets of 655-665 levels.

KOLTE PATIL DEVELOPERS is looking strong on charts. We advise buying above 95 levels with strict stop loss of 90 for the targets of 100-105 levels.

2. TCS

MACRO NEWS  NALCO has been awarded an 'excellent' MoU score of 1.5 by the Department of Public Enterprises for its outstanding performance in 2012-13,.  CNG rate increase due to court orders.  Reliance Retail to turn hypermarkets into wholesale stores, to court kirana shops.  (CCI) has issued notices to 18 sugar companies after a probe into the industry and state-run oil marketing firms (OMCs) for alleged rigging in the bids for ethanol purchase.  UN General Assembly approves USD 5.5 bn budget for 2014/15  Jaypee to sell hydro power projects.  FIPB to consider Tesco, HDFC Bank and Vodafone proposals today.  HCL Tech likely to bag 80-100m pound contract from UK body.  Idea Cellular gets shareholder nod to raise FII limit to 49% RIL , partners to give USD 1.2bn guarantee for higher gas price.

TCS FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 2150. We advise buying on dips around 21602170 levels with strict stop loss 2140 for the targets of 2190-2220 levels.

YOUR MINTVISORY

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DAILY REPORT FUTURE & OPTION

30th DECEMBER. 2013

STOCKS IN NEWS  REC trading volume jumps to 2.57 lakh in Dec.  Coalgate legacy delayed green nod in 65% of 122 projects.  Adani Power board is expected mull demerger of transmission line business.  Tata Motors planning to rejuvenate floundering Nano.  Lanco Infratech may soon sign Rs 7500-crore CDR deal.  Dena Bank Receives Rs 700 cr capital infusion from Govt. NIFTY FUTURE

MOST ACTIVE PUT OPTION Symbol

Option Type

Strike Price

LTP

Traded Volume (Contracts)

Open Interest

NIFTY

PE

6,300

78.00

1,16,244 31,69,0000

NIFTY

PE

6,200

48.25

85,431

32,41,700

NIFTY

PE

6,100

29.00

70,482

30,83,200

BANK NIFTY

PE

10,500

44.25

7,171

1,01,475

SBIN

PE

1,750

42.00

1,599

94,625

TCS

PE

2,100

39.40

900

52,875

RELIANCE

PE

880

19.40

1,162

1,21,750

ICICIBANK

PE

1,100

29.20

854

1,13,250

Strike Price

LTP

Traded Volume (Contracts)

Open Interest

MOST ACTIVE CALL OPTION Symbol

Option Type

NIFTY

CE

6,400

92.00

1,22,209

30,70,700

NIFTY

CE

6,500

52.15

1,14,359

39,09,750

NIFTY

CE

6,600

25.50

79,263

27,25,250

BANKNIFTY

CE

12,000

142.00

11,023

2,12,925

SBIN

CE

1,800

50.00

4,476

3,29,875

RELIANCE

CE

900

18.50

3,062

5,85,250

DLF

CE

180

5.50

2,452

18,30,000

TCS

CE

2,200

6.90

1,405

1,60,750

RPOWER

CE

80

1.30

1,650

20,72,000

Nifty Future closed in the green in the last trading session. We advise buying around 6320-6300 with strict stop loss of 6250 for the targets of 6350-6370 levels

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

23592

742.59

14544

457.57

424463

13427.66

285.01

INDEX OPTIONS

123126

3846.23

114176

3544.95

918338

28965.88

301.28

STOCK FUTURES

30888

1021.84

30722

985.98

935610

30136.61

35.86

STOCK OPTIONS

10565

320.03

10412

314.49

7670

238.72

5.54

TOTAL

627.69

INDICES NIFTY

S2

S1

PIVOT

R1

R2

6273.86

6293.83

6309.36

6329.33

6344.86

NIFTYJUNIOR

12803.08

12853.06

12897.43

12947.41

12991.78

BANK NIFTY

11355.93

11407.81

11461.13

11513.01

11566.33

YOUR MINTVISORY

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DAILY REPORT 30th DECEMBER. 2013

COMMODITY MCX

RECOMMENDATIONS SILVER

COMMODITY ROUNDUP MCX GOLD February contract was closed at Rs 28564 down Rs -12 , or-0.04%. The GOLD rate touched an intraday high of Rs 28640 and an intraday low of Rs 28250. 11702 contracts had been traded. Gold Price was taking support at 28250 and trade in sideways range all day. In evening session gold price have broken the nearest resistance 28580 and made high of 28640. MCX SILVER March contract was closed at Rs 45154 up Rs 378, or + 0.84%. The SILVER rate touched an intraday high of Rs 45226 and an intraday low of Rs 44614. 17289 contracts had been traded. Silver opened at morning with gap down and made day high. In mid session silver trade in narrow range and made night high 45226 . After evening Have seen more buying pressure in silver and it will helpful to break the nearest resistance 45250.

TRADING STRATEGY: BUY SILVER ABOVE 45250 TGTS 45450/45750 SL 44900 SELL SILVER BELOW 44880TGTS 44680/44580 SL 45250 GOLD

Gold prices rose for the second straight day by gaining Rs 120 to Rs 30,120 per ten grams in the national capital today largely in tandem with a firming trend overseas. Silver too maintained its upward journey for the fourth straight session and moved up further by Rs 250 to Rs 45,000 per kg, after gaining Rs 1,200 in the previous three sessions. London copper was up at its highest level in four months, with signs of economic revival in Asia and the United States burnishing the demand outlook for industrial metals. Gold edged up to $1,213, but remained on track for its biggest annual loss in three decades. Brent crude oil was 5 cents firmer at $112.23 a barrel, while U.S. light sweet crude eased back 8 cents to $100.24 a barrel.

TRADING STRATEGY: BUY GOLD ABOVE 28650 TGTS 28720/28820 SL 28550 SELL GOLD BELOW 28420 TGTS 28350/28250 SL 28520

YOUR MINTVISORY

Nickel prices were up 0.32% to Rs 877.50 per kg in futures trade today as speculators enlarged positions amid a firming trend in the spot markets on rising demand from consuming industries. At the Multi Commodity Exchange, nickel for delivery in December edged higher by Rs 2.80, or 0.32%, to Rs 877.50 per kg in a business turnover of 263 lots. The metal for delivery in January also gained Rs 2.50, or 0.28%, to Rs 886.20 per kg in a turnover of 75 lots.

Call us at +91-731-6642300


DAILY REPORT 30th DECEMBER. 2013

NCDEX

RECOMMENDATIONS CASTORSEED

NCDEX INDICES Index

Value

% Change

Castor Seed

4221

-3.98

Chana

3048

-1.26

Coriander

7288

-3.83

Cotton Seed Oilcake

1440

-0.76

12430

-1.33

Maize– Feed/ Industrial Grade

1192

0.00

Mustardseed

3550

-0.62

Soya Bean

3773

-1.27

Sugar M Grade

2805

+0.43

Turmeric

6270

-1.72

Jeera

BUY CASTORSEED FEB ABOVE 4525 TGTS 4555 / 4595 SL 4475 SELL CASTORSEED FEB BELOW 4230 TGTS 4200 / 4150 SL 4280 DHANIYA

NCDEX ROUNDUP Guarseed prices plummeted by Rs 115 to Rs 4,630 per quintal, as stockists sold on the back of weak physical markets sentiment. Stockists offloaded their positions tracking bearish signals from the physical market. At the NCDEX, guarseed prices for April delivery lost Rs 115, or 2.42%, to Rs 4,630 per quintal, with an open interest of 14 lots. The most active January contract shed Rs 65, or 1.43%, at Rs 4,490 per quintal, in an open interest of 12,433 lots. Barley prices improved by Rs 19 at Rs 1,424 per quintal in futures trading yesterday following fresh buying support at existing lower levels. Pick up in demand and restricted supply in physical markets mainly attributed the rise here in barley prices at future markets At the NCDEX, barley prices for June delivery advanced by Rs 19, or 1.35% to Rs 1,424 per quintal, in an open interest of 110 lots. The April contract added Rs 14.50, or 1.06%, to Rs 1,377 per quintal, showing an open interest of 1,890 lots. The January contract was up by Rs 12.50, or 0.89%, to Rs 1,416.50 per quintal, with an open interest of 4,000 lots.

BUY DHANIYA ABOVE JAN 7500 TGTS 7530 / 7580 SL 7450 SELL DHANIYA BELOW JAN 7370 TGTS 7340 / 7290 SL 7420

YOUR MINTVISORY

Potato prices fell by 1.89% to Rs 970 per quintal,as speculators offloaded their positions driven by subdued demand in the spot market. Increased supplies in the physical market following persistent arrivals from producing region against lower demand led to the fall in potato prices. At the MCX potato for March delivery lost Rs 18.70, or 1.89%, to Rs 970 per quintal with a business volume of 271 lots.

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DAILY REPORT 30th DECEMBER. 2013

CURRENCY

RBI Reference Rate Currency

Rate Currency

Rupee- $

62.0595 Yen-100

Euro

85.2748 GBP

JPY/INR

Rate

59.2300 102.0320

CURRENCY ROUNDUP The Indian Rupee depreciated by 0.58 percent in Friday's trading session and closed at 62.15 on the back of month end dollar demand from importers. However, rise in risk appetite in the domestic market and strong foreign fund inflows prevented sharp fall in the Indian Rupee.

SELL JPY/INR BELOW 59.50 TGTS 59.37, 59.18 SL 59.91. BUY JPY/INR ABOVE 59.93 TGTS 60.10, 60.27 SL 59.52.

EUR/INR

BUY EUR/INR ABOVE 86.21 TGTS 86.36, 86.53 SL 85.80. SELL EUR/INR BELOW 85.60 TGTS 85.45, 85.25 SL 86.01.

YOUR MINTVISORY

The Indian rupee was the second worst performer among the currencies of emerging markets in 2013, falling almost 14% against the dollar. Although the rupee gained almost 10% in the first few months of the year, it lost nearly 14% in the following months touching a low of 68.85 to a dollar in late August as the government struggled to contain its high current account deficit. After widening to 4.9% of GDP in the quarter to June, the CAD narrowed to 1.2% in the following quarter as duty and restrictions on gold imports led to a fall in the import of precious metal. The CAD in 2012-13 was 4.3%. The U.S. dollar rallied to a one-week high against its Canadian counterpart on Friday, as prospects of further stimulus tapering by the Federal Reserve underpinned the greenback. USD/CAD ended Friday's session at 1.0709, up 0.57%, after rising as high as 1.0719, the highest since December 20. For the week, the pair gained 0.67%. The pair is likely to find support at 1.0618, Friday's low and resistance at 1.0737, the high from December 20. The U.S. dollar edged down against the yen on Friday, but remained near five-year highs after a string of economic reports from Japan, as Thursday's upbeat U.S. jobless claims data continued to support. USD/JPY hit 104.68 during late Asian trade, the session low; the pair subsequently consolidated at 104.71, easing 0.08%. The pair was lilkely to find support at 104.21, the low of December 25 and resistance at 105.03.

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DAILY REPORT 30th DECEMBER. 2013

CALL REPORT PERFORMANCE UPDATES

Date

Commodity/ Currency Pairs

Contract

Strategy

Entry Level

Target

Stop Loss

Remark

27/12/13

MCX GOLD

FEB.

BUY

28650

28720-28820

28550

NOT EXECUTED

27/12/13

MCX GOLD

FEB.

SELL

28420

28350-28250

28520

BOOKED FULL ROFIT

27/12/13

MCX SILVER

MAR.

BUY

44950

45150-45450

44650

BOOKED PROFIT

27/12/13

MCX SILVER

MAR.

SELL

44530

44330-44030

44830

NOT EXECUTED

27/12/13

NCDEX CASTOR SEED

FEB.

SELL

4400

4370-4320

4450

BOOKED FULL PROFIT

27/12/13

NCDEX CASTOR SEED

FEB.

BUY

4490

4520-4570

4440

NOT EXECUTED

27/12/13

NCDEX DHANIYA

JAN.

BUY

7820

7850-7900

7780

NOT EXECUTED

27/12/13

NCDEX DHANIYA

JAN.

SELL

7480

7450-7400

7520

BOOKED FULL PROFIT

27/12/13

USD/INR

JAN.

SELL

62.20

62.06-61.91

62.56

NOT EXECUTED

27/12/13

USD/INR

JAN.

BUY

62.60

62.72-62.90

62.24

NOT EXECUTED

27/12/13

GBP/INR

JAN.

SELL

101.90

101.72-101.57

102.35

NO PROFIT NO LOSS

27/12/13

GBPINR

JAN.

BUY

102.50

102.63-102.81

102.05

NOT EXECUTED

Date

Scrip

CASH/ FUTURE

Strategy

Entry Level

Target

Stop Loss

Remark

US ECONOMIC REPORT

27/12/13

NIFTY

FUTURE

SELL

6320-6230

6260-6230

6350

NOT EXECUTED

27/12/13

KTKBANK

FUTURE

BUY

110-112

114-118

106

CALL OPEN

27/12/13

TATA STEEL

FUTURE

BUY

428

434-438

422

CALL OPEN

27/12/13

GITANJALI GEMS

CASH

BUY

70

74-78

66

BOOKED PROFIT

26/12/13

NIFTY

FUTURE

BUY

6280-6300

6340-6370

6250

BOOKED PROFIT

24/12/13

NIFTY

FUTURE

BUY

6280-6300

6340-6370

6250

BOOKED PROFIT

24/12/13

DLF

FUTURE

BUY

170-171

174-178

167

CALL OPEN

24/12/13

LICHOUSING

FUTURE

BUY

215-216

225-225

210

CALL OPEN

23/12/13

NIFTY

FUTURE

BUY

6280-6300

6340-6370

6250

BOOKED PROFIT

23/12/13

RELIANCE

FUTURE

BUY

895-900

915-935

878

CALL OPEN

YOUR MINTVISORY

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DAILY REPORT 30th DECEMBER. 2013

ECONOMIC CALENDAR

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

REPORT

PERIOD

ACTUAL

CONSENSUS FORECAST

PREVIOUS

--

-0.6%

MONDAY, DEC. 30 10 am

Pending home sales

Nov. TUESDAY, DEC. 31

9 am 9:45 am 10 am

Case-Shiller home prices

Oct.

--

13.3% y-o-y

Chicago PMI

Dec.

61.8

63.0

Consumer confidence

Dec.

75.0

70.4

12/28

N/A

338,000

WEDNESDAY, JAN. 01 New Year's Day None scheduled THURSDAY, JAN. 02 8:30 am

Weekly jobless claims

9 am

Market PMI

Dec.

--

54.4

10 am

ISM

Dec.

56.9%

57.3%

10 am

Construction spending

Nov.

0.9%

0.8%

16.0 mln

16.3 mln

FRIDAY, JAN. 03 TBA

Motor vehicle sales

Dec. Disclaimer

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Special report by epic research 30 december 2013