DAILY REPORT st
01 JAN. 2016
Global markets at a glance European shares ended 2015 mostly higher than where they started, but well below their peaks after weak commodity prices weighed on markets in the final quarter. Britain's blue -chip FTSE 100 index shed 0.5 percent on Thursday and France's benchmark CAC-40 index was down 0.9 percent, while Germany's DAX was closed for a public holiday and other markets had half-day sessions. The FTSE, DAX and CAC ended the year down 12 percent, 13 percent and more than 11%, respectively, from their April peaks. Wall Street dropped on Thursday, leaving the S&P 500 marginally lower for a year marked by record highs as well as a major selloff. In a reversal of one of 2015's major trends, oil shares moved higher, with the S&P energy sector up 0.34% and alone among gainers. Much of the blame for this year's underwhelming stock market performance can be laid at the feet of crude oil prices, which lost a third of their value during an unprecedented global glut. The S&P 500 hit a record high in May only to slump 11% over eight days in August over fears of a China-led global economic slowdown. The CBOE Volatility index spiked to a 7-year high before the market recovered. On last trading day of 2015, the S&P 500 fell 0.94% to 2,043.94pts, leaving it with total loss of 0.71% for year. The S&P's total return, including dividends, was about 1.40% Previous day Roundup Equity benchmarks ended last day of the year 2015 on a positive note despite tepid global cues amid thin volumes. The market gained strength in late trade, supported by HDFC, Infosys, HDFC Bank and Reliance Industries. The Sensex climbed 157.51 points or 0.61 percent to 26117.54 and the NSE Nifty advanced 50.10 points or 0.63 percent to 7946.35. The broader markets also gained momentum; the BSE Midcap and Smallcap rose 0.4-0.5 percent. However, the market's performance in entire 2015 was pathetic, losing 5 percent on the Sensex and over 4 percent on the Nifty but the broader markets outperformed with the CNX Midcap rising over 6 percent. Lack of reforms, government's failure to get GST Bill passed in parliament sessions, China woes etc caused nervousness during the year. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down 24.99 pts], Capital Goods [down 11.53Pts], PSU [up 43.29pts], FMCG [up 46.35Pts], Realty [up 20.11Pts], Power [up 14.08pts], Auto [up 33.57Pts], Healthcare [down 25.94Pts], IT [up 119.39pts], Metals [up 59.31Pts], TECK [up 70.41pts], Oil& Gas [down 69.23pts]. YOUR MINTVISORY
World Indices Index
Value
% Change
DJl S&P 500 NASDAQ FTSE 100 Nikkei 225
17425.03 2043.94 5007.41 6242.32 19033.71
-1.02 -0.94 -1.15 -0.51 +0.27
Hong Kong
21914.40
+0.15
Top Gainers Company
CMP
Change
% Chg
1,263.50
29.80
2.42
ZEEL
438.20
10.00
2.34
GAIL
375.95
7.80
2.12
HCLTECH
858.00
17.50
2.08
1,107.00
20.70
1.91
CMP
Change
% Chg
116.00 90.70 449.75 725.95 2,688.30
1.80 1.25 5.35 8.30 24.65
-1.53 -1.36 -1.18 -1.13 -0.91
Prev. Close
Change
%Chg
359.30 267.00 518.50 159.70 709.50 255.80
7.05 0.40 4.55 9.55 51.50 8.15
2.00 0.15 0.89 6.36 7.83 3.29
Prev. Close
Change
%Chg
233.50 116.00 542.00 205.00
-3.40 -1.80 -1.20 -4.65
-1.44 -1.53 -0.22 -2.22
CMP
Change
% Chg
7946.35 26117.54
+50.10 +157.51
+0.63 +0.61
HDFC
INFY
Top Losers Company
PNB VEDL AXISBANK YESBANK HEROMOTOCO
Stocks at 52 Week’s HIGH Symbol
ARVIND BERGEPAINT BIOCON DEEPAKFERT JETAIRWAYS PETRONET
Stocks at 52 Week’s LOW Symbol
CANBK PNB GUJFLUORO SELAN
Indian Indices Company
NIFTY SENSEX
Call us at +91-731-6642300
DAILY REPORT st
01 JAN. 2016
STOCK RECOMMENDATIONS [FUTURE] 1. KSCL [FUTURE]
KSCL FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 350 levels. We advise buying around 345-350 levels with strict stop loss of 325 for the targets of 365-380 levels. 2. INDIA CEMENT [FUTURE]
INDIA CEMENT FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 95 levels. We advise buying around 93-95 levels with strict stop loss of 91 for the targets of 99-102 levels.
YOUR MINTVISORY
STOCK RECOMMENDATION [CASH] 3. MCX
if we see the daily chart of MCX it clearly shows that it has crossed the resistance level of 925 and also close above the same level so buying is suggested in the stock around 930-932 with the stop loss of 910 and targets can be seen up to 950 on intraday basis. also there are more bullish signs can be seen in the stock further. MACRO NEWS No data integrity issue at Moraiya facility: Cadila Health India beats China on GDP growth in 2015; may grow 77.5% in 2016 Videocon Industries redeems $194.40 mn FCCBs Foodgrain output dips in 2015; Revival unlikely in New Year Energy, iron ore, precious metals suffered losses in 2015 Auto CNG to cost Rs 1.5/kg less in NCR during odd hours Amtek Auto pledges 71% stake in JMT Auto with IL&FS Trust Company Bosch to suspend production at Bengaluru, Bidadi for 2 days CCI okays Union Bank's 49% stake buy in Union KBC AMC Bandhan Bank mobilizes Rs 5000 crore in deposits in four months Approval of ATUFS will boost textile exports: Ficci Steel industry braces for tense 2016; bets on domestic demand Odisha government to set up directorate of steel SPARC Co Says Expect A Further Delay In Royalty Income For Co From Xelpros, Elepsia EXRTM IOC Cuts Petrol Prices By `0.63/L, Diesel Prices By `1.06/L BPCL Enters Into GSPA With Petronet LNG To Supply Additional 0.1 mmtpa Of RLNG Telecom firms to start compensating for call drops from today Call us at +91-731-6642300
DAILY REPORT FUTURE & OPTION
st
01 JAN. 2016
MOST ACTIVE CALL OPTION Symbol
Op- Strike tion Price Type
LTP
Traded Volume (Contracts)
Open Interest
NIFTY
CE
7,950
0.05 11,67,258 69,92,850
NIFTY
CE
8,000
0.05
2,84,193 91,28,025
BANKNIFTY
CE
17,000
0.10
2,21,471 10,53,570
RELINFRA
CE
520 23.60
7,189
TATASTEEL
CE
260
0.05
5,193 21,48,000
LT
CE
1,300
0.05
4,484
7,07,400
RELINFRA
CE
540
3.70
3,725
6,52,600
RELIANCE
CE
1,020
0.05
3,526
9,07,000
STOCKS IN NEWS NMDC says Chhattisgarh plant to start production by mid-2017 Cadila Healthcare hits 52-week low, down 15% on USFDA warning for 2 units Cipla, Pfizer, Sun take hit on NLEM price cut Dr Reddy's relaunches generic acid reflux drug in US GIC Housing to buy 16% stake in LIC Nomura AMC for Rs 23 crore
3,95,200 NIFTY FUTURE
MOST ACTIVE PUT OPTION Symbol
Op- Strike tion Price Type
LTP
Traded Volume (Contracts
Open Interest
NIFTY
PE
7,900
0.05
8,80,785
88,36,150
NIFTY
PE
7,850
0.05
4,86,889
49,03,050
BANKNIFTY
PE
16,900
0.05
1,80,052
5,30,130
IOB
PE
27
0.05
6,546 5,63,92,000
RELIANCE
PE
1,000
0.05
3,112
6,20,000
AXISBANK
PE
450
1.00
2,433
7,52,000
SBIN
PE
225
0.30
2,207
7,24,000
TATAMOTORS
PE
390
0.05
1,902
7,66,500
Nifty in last trading session rebounded on last trading day of the year 2015, rising 0.6 percent. Nifty remained positive throughout session and shown speedy recovery in 2nd half. For it also has strong resistance around 8000, we suggest buying for 50-70 points. Nifty may open flat so buy it from around 7940 for the targets of 7990 and 8100 with strict stop loss of 7890
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
52212
3034.75
63424
3664.90
244203
14261.32
-630.15
INDEX OPTIONS
660195
17267.95
613049
14799.27
586603
34855.35
2468.67
STOCK FUTURES
241626
12261.44
245228
12458.16
975740
48875.09
-196.72
STOCK OPTIONS
14246
717.71
12128
612.55
2235
107.96
105.16
TOTAL
1746.97
INDICES BANK NIFTY NIFTY YOUR MINTVISORY
R2
R1
PIVOT
S1
S2
17,005.97
16,964.08
16,930.37
16,888.48
16,854.77
7,995.42
7,970.88
7,931.02
7,906.48
7,866.62
Call us at +91-731-6642300
DAILY REPORT st
01 JAN. 2016
RECOMMENDATIONS GOLD
TRADING STRATEGY: BUY GOLD FEB ABOVE 25000 TGTS 25080,25180 SL BELOW 24900 SELL GOLD FEB BELOW 24800 TGTS 24720,24620 SL ABOVE 24890 SILVER
TRADING STRATEGY: BUY SILVER MAR ABOVE 33600 TGTS 33800,34100 SL BELOW 33300 SELL SILVER MAR BELOW 33300 TGTS 33450,33150 SL ABOVE 33600 YOUR MINTVISORY
COMMODITY ROUNDUP Crude oil futures for February delivery were at $36.77 in European morning trade, not far from the 11-year low of $35.98 hit on December 22. Heading into the final trading session of the year, volumes were expected to remain light as many traders already closed books, reducing liquidity in the market which could result in exaggerated moves. COMEX Gold is set to end the year with a loss of about 10%. The metal failed to hold onto its recovery this week and dragged towards its six year lows yet again amid year end lull in financial markets. Strong US economy, weakness in overall commodities and poor Indian demand have been instrumental in keeping Gold in a tight range this month. COMEX Gold eased under $1060 per ounce levels yesterday and is currently trading at $1062 per ounce, up 0.21% on the day. MCX Gold futures dropped below Rs 25000 yesterday and currently trade at Rs 24922 per 10 grams, down 0.24% on the day. Meanwhile, India's Gold imports tumbled nearly 32% on year to Rs 23404 crores in November 2015, extending a weak trend. Silver imports also slumped by 52.56% to Rs 1884crores in November. The imports figures in dollar terms showed a greater contraction with Gold imports slumping 36.50% to $3540 Million and Silver imports tanking 55.70% to $285Million. Copper prices closed at their highest level in nearly seven weeks Wednesday and are still near to those levels. Traders are rushing to take the bets of shorts and squaring those positions that is benefitting the metal. Copper for March delivery, the most actively traded contract, settled up 0.5% at $2.1465 a pound on the Comex division of the New York Mercantile Exchange. MCX Copper was trading at Rs 315.75 per kg, down 0.83%. The prices tested a high of Rs 318.10 per kg, and a low of Rs 315.40 per kg. This month, the production and sales of automobiles in China reached 2,544,200 and 2,508,800 units respectively, up 16.2% and 12.9% than that of last month, and up 17.7% and 20% year on year. For the first eleven months, the production and sales of automobiles were 21,823,900 and 21,786,600 units respectively, up 1.8% and 3.3% year on year. In November, the sales and production of passenger cars increased more than 10% than that of last month and more than 20% year on year. The monthly sales and production set a new high. The market continued to rebound. This month, the production and sales were 2,230,200 and 2,196,800 units respectively, up 17.4% and 13.4% than Call us at +91-731-6642300
DAILY REPORT st
01 JAN. 2016
NCDEX
RECOMMENDATIONS DHANIYA
BUY CORIANDER JAN ABOVE 7335 TARGET 7380 7530 SL BELOW 7270 SELL CORIANDER JAN BELOW 7010 TARGET 6965 6815 SL ABOVE 7075 GUARGUM
NCDEX INDICES Index
Value
% Change
CASTOR SEED CHANA CORIANDER COTTON SEED GUAR SEED JEERA MUSTARDSEED SOY BEAN SUGAR M GRADE TURMERIC
3730 4816 7163 2089 3315 14405 4277 3735 3204 9760
-0.80 +2.10 -4.06 +2.60 -0.66 -1.00 +1.16 +1.06 +0.31 -1.57
NCDEX ROUNDUP Sugar prices were down by 0.25% to Rs 3,186 per quintal in futures trading today as participants locked-in gains at existing levels amid adequate stocks at the spot market on higher supplies from mills. At NCDEX sugar for delivery in March shed Rs 8, or 0.25% to Rs 3,186 per quintal with an open interest of 94,960 lots. Sugar for delivery in May traded lower by Rs 2, or 0.06% to Rs 3,280 per quintal in 26,320 lots. The fall in sweetener prices at futures trade was mostly due to profit-booking by traders at current levels and persistent supplies from mills. In a surprising trend, sugar prices in Dec jumped 13% following reports of a decline in production this year on lower availability of cane for crushing. The jump in prices is despite the arrival of a huge new season output and large held over stock from the past year. Steady trend was seen in barley on the account of weak production estimates in current year coupled with strong feed demand in local mandies. The total production in 2015 -16 is projected at 1.63 million tonnes, down 9% from the last year. This is mainly due to weak sowing acreage in the current year. Strong feed demand in local mandies also supported the barley in the current year. The NCDEX April futures increased by 0.88% to close at Rs 1437 per quintal.
BUY GUARGUM JAN ABOVE 6500 TARGET 6550 6620 SL BELOW 6440 SELL GUARGUM JAN BELOW 6400 TARGET 6350 6280 SL ABOVE 6460
YOUR MINTVISORY
Wheat futures on NCDEX look likely extending its weak patch after testing a three week low yesterday though poor sowing data is expected to cap the downside. Ready demand remains strong. Area under wheat has sharply declined to 259.37 lakh hectares as against 279.60 lakh hectares of the last year. However, some profit selling is emerging in futures and the NCDEX January contract dropped to a low near Rs 1680 per quintal yesterday- its weakest mark in three weeks. Call us at +91-731-6642300
DAILY REPORT st
01 JAN. 2016
CURRENCY RBI Reference Rate
Currency
Rate Currency
Rate
Rupee- $
66.3260 Yen-100
55.0900
Euro
72.5010 GBP
98.3452
USD/INR
CURRENCY MARKET UPDATES: The Indian rupee ended calendar year 2015 on a weak note, recent gains notwithstanding given a general risk aversion globally amid a tightening US monetary policy. The currency ended at 66.15 per dollar on Thursday, 4.7% weaker from the beginning of the year. Nevertheless, the currency on Thursday ended over six-week high against the US dollar after Qatar agreed to lower gas prices for India. It gained 0.35% from its previous close of 66.39. The local currency opened at 66.46 a dollar and touched a high of 66.09—a level last seen on 20 November. Most of the Asian currencies closed higher. Taiwan dollar was up 0.35%, Taiwan dollar 0.23%, Philippines peso 0.14%, Japanese yen 0.13%, Singapore dollar 0.1%, Thai baht 0.06%. However, South Korean won was down 0.2%, Malaysian ringgit and China renminbi were down 0.07% each.
BUY USD/INR JAN ABOVE 66.65 TARGET 66.78 66.93 SL BELOW 66.45 SELL USD/INR JAN BELOW 66.3 TARGET 66.17 66.02 SL ABOVE 66.5 EUR/INR
The US dollar is seen edging up against a basket of currencies on Thursday, with trading volumes increasingly thin ahead of the New Year holiday on Friday. Meanwhile, investors await the release of U.S. data later in the day. The dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was at 98.57. Markets shrugged off a report released on Wednesday by the U.S. National Association of Realtors showing that it's pending home sales index inched down 0.9% last month, disappointing expectations for a gain of 0.5%. Pending home sales in October rose by 0.4%, whose figure was revised from a previously reported gain of 0.2%. The greenback had strengthened broadly after the Conference Board reported that its consumer confidence index rose to 96.5 in December from 92.6 in November. Investors were eyeing the release of the weekly U.S. jobless claims report, as well as data on manufacturing activity in the Chicago area due later in the day.
BUY EUR/INR JAN ABOVE 72.85 TARGET 73 73.2 SL BELOW 72.65 SELL EUR/INR JAN BELOW 72.45 TARGET 72.3 72.1 SL ABOVE 72.65 YOUR MINTVISORY
The European unit slipped 0.16% to 1.0913 versus the greenback. USD/JPY edged down 0.10% to 120.38. As against the pound, dollar was little changed with GBP/USD at 1.4814. Call us at +91-731-6642300
DAILY REPORT st
01 JAN. 2016
Date
Commodity/ Currency Pairs
Contract
Strategy
Entry Level
Target
Stop Loss
Remark
31/12/15
NCDEX DHANIYA
JAN.
BUY
7872
7917-8067
7807
NOT EXECUTED
31/12/15
NCDEX DHANIYA
JAN.
SELL
7450
7405-7255
7515
NOT EXECUTED
31/12/15
NCDEX GUARGUM
JAN.
BUY
6660
6710-6780
6600
NOT EXECUTED
31/12/15
NCDEX GUARGUM
JAN.
SELL
6510
6460-6390
6570
BOOKED FULL PROFIT
31/12/15
MCX GOLD
FEB.
BUY
25000
25080-25180
24900
NOT EXECUTED
31/12/15
MCX GOLD
FEB.
SELL
24800
24720-24620
24890
NOT EXECUTED
31/12/15
MCX SILVER
MAR.
BUY
33600
33800-34100
33300
NOT EXECUTED
31/12/15
MCX SILVER
MAR.
SELL
33300
33450-33150
33600
BOOKED PROFIT
Date
Scrip
CASH/ FUTURE/ OPTION
Strategy
Entry Level
Target
Stop Loss
Remark
31/12/15
NIFTY
FUTURE
SELL
7950
7850-7700
8050
NOT EXECUTED
31/12/15
BPCL
FUTURE
SELL
885
878-865
895
NOT EXECUTED
31/12/15
IDEA
FUTURE
BUY
142.90
144.25-147
141
PROFIT BOOKED
31/12/15
GODFRYPHLP
CASH
BUY
1350
1410-1465
1320
BOOKED PROFIT
30/12/15
NIFTY
FUTURE
BUY
7900
8000-8100
7750
CALL OPEN
29/12/15
NIFTY
FUTURE
BUY
7900
8000-8100
7750
CALL OPEN
YOUR MINTVISORY
Call us at +91-731-6642300
DAILY REPORT ECONOMIC CALENDAR
st
01 JAN. 2016
NEXT WEEK'S U.S. ECONOMIC REPORTS TIME
REPORT
PERIOD
ACTUAL
CONSENSUS FORECAST
PREVIOUS
MONDAY, DEC. 28 NONE SCHEDULED TUESDAY, DEC. 29 8:30 AM
ADVANCE TRADE IN GOODS
NOV.
-$62.1 BLN
-$58.4 BLN
9 AM
CASE-SHILLER HOME PRICES
OCT.
--
0.6%
10 AM
CONSUMER CONFIDENCE
DEC.
94.0
90.4
0.7%
0.2%
N/A
N/A
WEDNESDAY, DEC. 30 10 AM
PENDING HOME SALES
NOV. THURSDAY, DEC. 31
8:30 AM
WEEKLY JOBLESS CLAIMS
DEC. 19 FRIDAY, JAN. 01
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