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1. DAILY REPORT
09th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian shares got off to a lackluster start on Friday after a
flat performance on Wall Street, with a tense situation in
Ukraine adding to the cautious mood ahead of China infla-
tion data later in the day. MSCI's broadest index of Asia-
Pacific shares outside Japan. MIAPJ0000PUS was down 0.1
% in early trading, while Japan's Nikkei stock aver-
age .N225 shed 0.3%. But European shares .FTEU3 climbed
1.1% after ECB's.
Stock markets around the world mostly rose on Thursday,
gaining on positive comments from central banks, though
U.S. shares ended flat as an early rally faded. European
shares .FTEU3 climbed 1.1 percent after European Central
Bank President Mario Draghi was seen as opening the door
to more stimulus measures in June.
Wall Street Update
U.S. stocks were set to open little changed on Thursday,
after initial jobless claims data pointed to a possible
strengthening in the labor market and ahead of testimony
by Federal Reserve Chair Janet Yellen. U.S. stocks mostly
fell on Thursday with the Nasdaq Composite .IXIC ending
lower for a third straight session, its longest losing streak
since early April.
The Dow Jones industrial average .DJI ended up 32.43
points, or 0.20 percent, at 16,550.97. The Standard &
Poor's 500 Index .SPX was down 2.58 points, or 0.14 per-
cent, at 1,875.63. The Nasdaq Composite Index .IXIC was
down 16.18 points, or 0.40 percent, at 4,051.50.
Previous day Roundup
After an initial surge, the market failed to make any head-
way. Investors have their eyes fixed on the election results
as volumes remained thin in trade today. The Sensex was
up 20.14 points to end 22344.04 and the Nifty was up 7.30
points at 6659.85. About 1312 shares advanced, 1400
shares declined, and 135 shares were unchanged.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
88.88pts], Capital Goods [up 46.93pts], PSU [down
8.88pts], FMCG [down 54.58pts], Realty [down 12.64pts],
Power [up 3.72pts], Auto [up 76.35pts], Healthcare [down
33.99pts], IT [up 20.71pts], Metals [up 13.65pts], TECK [up
4.89pts], Oil& Gas [down 20.17pts].
World Indices
Index Value % Change
D J l 16550.97 +0.20
S&P 500 1875.63 -0.14
NASDAQ 4051.50 -0.40
EURO STO 3204.3 +1.41
FTSE 100 6839.25 +0.63
Nikkei 225 14246.45 +0.58
Hong Kong 21873.12 +0.16
Top Gainers
Company CMP Change % Chg
BHEL 185.10 6.70 +3.76
HCLTECH 1345.00 24.20 +1.83
TATMOTORS 423.85 7.15 +1.72
POWERGRID 104.20 1.20 +1.66
HINDALCO 137.10 1.90 +1.41
Top Losers
Company CMP Change % Chg
BPCL 463.60 8.75 -1.85
HEROMOTOCO 2129.00 29.25 -1.36
ITC 342.00 4.65 -1.34
LUPIN 978.35 11.65 -1.18
BHARTIARTL 308.00 3.00 -0.96
Stocks at 52 Week’s high
Symbol Prev. Close Change %Chg
AMTEKAUTO 183.50 0.55 -0.30
ARVIND 197.60 7.50 +3.95
BAJAJELEC 324.00 9.55 +3.04
KRBL 64.15 0.20 +0.31
SHASUNPHAR 162.80 12.85 +8.57
Indian Indices
Company CMP Change % Chg
NIFTY 6,659.85 +20.14 +0.11
SENSEX 2,344.04 +7.30 +0.09
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg
ABGSHIP 218.5 3.70 -1.67

2. DAILY REPORT
09th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. ARVIND [FUTURE]
ARVIND FUTURE is looking strong on charts, long build up
has been seen, we may see more upside, if it sustains above
197 levels. We advise buying around 197-198 levels with
strict stop loss 195 for the targets of 200-202 levels.
2. UPL [FUTURE]
UPL FUTURE is looking weak on charts, short build up has
been seen, we may see more downside, if it sustains below
270 levels. We advise selling around 270-272 levels with
strict stop loss 275 for the targets of 265-260 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. PANACEA BIOTECH
PANACEA BIOTECH is looking strong on charts. We advise
buying around 175-178 levels with strict stop loss of 170 for
the targets of 182-185-188 levels.
MACRO NEWS
Results Today: Ranbaxy, Eicher Motors, Andhra Bank,
Corp Bank, Chambal Fert, GSK Con, HT Media, NIIT
and Torrent Pharma.
New government expected to open Indian iron ore mines.
CIL tweaks basis to determine security deposit for power
Cos.
HDFC chairman Deepak Parekh will present a blueprint to
finance the country's ambitious plan to build new infra-
structure worth one trillion dollars during the Twelfth Five
Year Plan soon after the next government takes charge.
Glenmark Pharmaceuticals posted consolidated net profit
of Rs 43.41 crore for the fourth quarter ended March 31,
2014. The company had posted 175.12 crore in the same
quarter of the previous fiscal, 2012-13.
SEBI exempts Etihad from share tender offer w.r.t. stake
buy in Jet Airways.
Competition Panel Approves sale of 2 projects of JP Power
to TAQA.
SREI Infra to raise Rs 150 Cr via NCD; issue opens on to-
day.
Jet Airways transfers frequent flyer programme to Jet
Privilege.

3. DAILY REPORT
09th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts
)
Open
Interest
NIFTY PE 6,500 166.8 50,376 40,40,950
NIFTY PE 6,000 40.75 38,653 37,00,350
NIFTY PE 6,400 132 36,670 42,59,200
BANKNIFTY PE 13,000 663.7 3,883 2,22,500
INFY PE 3,000 71.1 1,298 83,250
SBIN PE 2,100 133.65 1,077 82,750
ICICIBANK PE 1,300 79.4 940 1,73,000
MCDOWELL-N PE 2,700 18.2 852 4,40,000
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 7,000 115.45 83,480 51,05,200
NIFTY CE 7,500 23.8 59,752 31,24,500
NIFTY CE 7,200 63.2 50,907 28,20,150
BANKNIFTY CE 13,500 510 7,413 2,68,275
RELIANCE CE 1,000 30.2 3,950 10,26,250
SBIN CE 2,100 135.1 3,431 5,39,250
ICICIBANK CE 1,300 72 2,243 6,16,750
MCDOWELL-N CE 2,800 29 1,801 5,15,625
FII DERIVATIVES STATISTICS
BUY OPEN INTEREST AT THE END OF THE DAYSELL
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES 29475 980.69 38462 1280.87 266274 8868.55 -300.19
INDEX OPTIONS 148313 4998.90 165629 5721.19 1664874 55388.26 -722.29
STOCK FUTURES 61850 1894.06 72480 2213.11 1256749 38193.92 -319.05
STOCK OPTIONS 23246 731.10 24735 779.46 60147 1814.53 -48.36
TOTAL -1389.89
INDICES R2 R1 PIVOT S1 S2
NIFTY 6,712.12 6,685.98 6,662.27 6,636.13 6,612.42
BANK NIFTY 13,771.49 12,728.49 12,728.49 12,361.48 11,685.49
STOCKS IN NEWS
NDMC increases parking rates at Janpath, Ba-
rakhamba.
ITC in talks to acquire juice brand B Natural.
Airtel, Vodafone, Idea set for windfall on intra-circle
roaming.
Tata Motors raises $300 million via debt securities.
Welspun Renewables receives ISO certification.
RCom corporate business revenue likely up 24%.
Vontobel Funds Inc sells 10 lakh shares at Rs 1265/sh
of Shriram City Union.
NIFTY FUTURE
Nifty Future closed in the red in the last trading session.
We advise selling around 6700-6720 levels with strict
stop loss of 6750 for the targets of 6650-6600.

4. DAILY REPORT
09th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER(JULY) ABOVE 41900 TGTS 42100/42400 SL
41580
SELL SILVER(JULY) BELOW 41580 TGTS 41380/41080 SL
41900
GOLD
TRADING STRATEGY:
BUY GOLD(JUN) ABOVE 28630 TGTS 28710/28810 SL 28500
SELL GOLD(JUN) BELOW 28450 TGTS 28370/28270 SL 28550
COMMODITY ROUNDUP
The prices of MCX Copper are static in the evening trades.
Benchmark June expiry Copper was trading at Rs 405.65 per
kg, up 0.07%. The concerns of Chinese economy slower
growth are weighing on Copper. In another news, China's
largest nickel manufacturer, Jinchuan Group, has increased
its nickel price by 3% so far this month. The new benchmark
price stood to RMB 128300 per ton on May 7th, up by RMB
500 per ton from the previous day. Because of higher nickel
pig iron prices, demand from stainless steel has raised as
well, said the company.
Sugar shipments from India, the second biggest producer,
have slowed after domestic prices climbed to a 15-month
high and as a delay in announcement of export incentives
deters traders, the largest refiner said. Exports could total
300,000 tonnes in the six months through September, com-
pared with 1.5 million tonnes (mt) in the prior six months,
Narendra Murkumbi, managing director of Shree Renuka
Sugars, said in a phone interview on May 5.
Oil prices rose in Asian trade yesterday ahead of the US De-
partment of Energy's crude stockpiles report and a testi-
mony in Congress by Federal Reserve chief Janet Yellen. The
US benchmark, WTI for June delivery, gained 55 cents to
$100.05 a barrel in mid-morning trade, while Brent North
Sea crude for June rose 24 cents to $107.30.
Zinc futures prices yesterday edged up by 0.61% to Rs
123.50 per kg yesterday as participants created speculative
positions, amid a firm global trend and better domestic de-
mand. At the MCX, zinc for delivery in June increased by 75
paise, or 0.61%, to Rs 123.50 per kg, with a business turn-
over of five lots. Likewise, the metal for delivery in May
traded higher by 70 paise, or 0.57%, to Rs 122.65 per kg in a
turnover of 215 lots. Besides improved spot demand, a
firming trend in base metals overseas on China's trade data
for April.
Tracking a firming trend in base metals in the global market,
lead futures prices today rose by 0.40 per cent to Rs 125.05
per kg as speculators enlarged positions. Further, rising do-
mestic spot demand from battery makers also supported
the upside. At the Multi Commodity Exchange, lead for de-
livery in May traded 50 paise, or 0.40 per cent, higher at Rs
125.05 per kg, with a turnover of 350 lots, while the June
contract was up by 45 paise, or 0.36 per cent, to Rs 126.25
per kg in a turnover of 10 lots.
COMMODITY MCX

5. DAILY REPORT
09th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA MAY ABOVE 9500 TGTS 9530,9580 SL 9450
SELL DHANIYA MAY BELOW 9390 TGTS 9370,9320 SL 9440
GUARSEED
BUY GUARSEED MAY ABOVE 5400 TGTS 5430,5480 SL 5380
SELL GUARSEED MAY BELOW 5315 TGTS 5285,5235 SL 5365
NCDEX
NCDEX INDICES
Index Value % Change
Castor Seed 4011 +0.38
Chana 2983 -0.37
Coriander 9460 +0.41
Cotton Seed Oilcake 1529 -0.97
Jeera 5360 -2.10
Maize– Feed/Industrial
Grade
10710 -0.05
Mustard seed 3458 -0.29
Soy Bean 4704 -0.74
Turmeric 6690 +1.52
NCDEX ROUNDUP
Cardamom extended the gains for the second day on strong
buying support. MCX June delivery ended the day at Rs 995,
up Rs 28.90 or 2.99% from the last close. June Cardamom
futures bounced back from the low of Rs 942 and ended the
day at Rs 995, up Rs 28.90 or 2.99% over last close. The
open interest added 356 tonnes to 2,779 tonnes, indicating
fresh buying.
Jeera futures ended the session lower as short selling trig-
gered in the counter. The NCDEX Jeera June delivery ended
the day at Rs 10, 840, down Rs 15 or 0.14% from last
close. Jeera futures failed to cross the resistance Rs 10,900
level as short selling triggered in the counter due to techni-
cal cues. The counter off the day high of Rs 10,905 and set-
tled the day at Rs 10, 840, down Rs 15 or 0.14% from last
close. The open interest added 690 tonnes to 7,644 tonnes,
indicating short selling.
Guar seed prices dropped by Rs 65 to Rs 5,615 per quintal in
futures trading after speculators trimmed positions, driven
by higher production estimates and mounting stocks. Profit-
booking by speculators and higher output estimates mainly
attributed the fall in prices. However, export demand for
guargum which mostly used in petroleum refining, food
processing and pharmaceutical industries, limited the
losses. At the National Commodity and Derivatives Ex-
change counter, guargum prices for July delivery shed Rs 65,
or 1.14 per cent to Rs.5,615 per quintal, with an open inter-
est of 721 lots.

6. DAILY REPORT
09th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
JPY/INR
SELL JPY/INR BELOW 59.00 TGTS 58.86, 58.71 SL 59.21
BUY JPY/INR ABOVE 59.24 TGTS 59.38, 59.53 SL 59.03.
USD/INR
BUY USD/INR ABOVE 60.26 TGTS 60.40, 60.55 SL 60.05.
SELL USD/INR BELOW 60.06 TGTS 59.92, 59.77 SL 60.27.
CURRENCY ROUNDUP
The Indian rupee hit a one-month high on Thursday on the
back of corporate dollar sales and slight gains in domestic
shares, but good greenback demand from oil firms and cau-
tion ahead of the election outcome next week limited fur-
ther gains. The partially convertible rupee closed at
60.0650/0750 per dollar compared with its previous close of
60.135/145. The rupee rose to as high as 59.9225 earlier in
the session, its highest since April 9, on the back of dollar
sales by various corporates, while a stronger rupee in the
offshore non-deliverable market had helped the local unit in
early trade.
The rupee also benefited as shares recovered slightly from
their lowest close in 1-1/2 months on Wednesday. But de-
mand from oil firms and other importers limited the upside.
Traders will continue to monitor foreign fund flows and
movement in other Asian currencies in the near-term for
direction. In the offshore non-deliverable forwards, the one-
month contract was at 60.36 while the three-month was at
61.06.
The dollar edged higher against most major currencies on
Thursday after European Central Bank President Mario
Draghi hinted that monetary authorities would be okay with
implementing fresh stimulus measures in June. In U.S. trad-
ing on Thursday, EUR/USD was down 0.39% at 1.3856. The
European Central Bank earlier left interest rates unchanged
at 0.25%, though the euro dropped after Draghi said the
ECB governing council is comfortable with acting at its next
meeting in June, after the bank has published fresh fore-
casts for inflation and growth. Draghi attributed weak infla-
tion rates to food and energy prices, but added that the
strong euro and weak domestic demand are also suppress-
ing inflation rates.
The dollar was mixed against its cousins in Canada, Australia
and New Zealand, with USD/CAD down 0.71% at 1.0822,
AUD/USD up 0.49% at 0.9374 and NZD/USD down 0.24% at
0.8642. The US Dollar Index, which tracks the performance
of the greenback versus a basket of six other major curren-
cies, was up 0.17% at 79.41.
CURRENCY
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 59.9913 Yen-100 58.9600
Euro 83.4805 GBP 101.7512

7. DAILY REPORT
09th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
08/05/14 MCX GOLD JUNE BUY 28710 28790-28890 28600 NOT EXECUTED
08/05/14 MCX GOLD JUNE SELL 28500 28420-28320 28600
NO PROFIT NO
LOSS
08/05/14 MCX SILVER MAY BUY 42200 42400-42700 41900 NOT EXECUTED
08/05/14 MCX SILVER MAY SELL 41900 41700-41400 42250 BOOKED PORFIT
08/05/14 NCDEX GUARSEED MAY BUY 9490 9520-9570 9440
NO PROFIT NO
LOSS
08/05/14 NCDEX GUARSEED MAY SELL 9400 9370-9320 9450 SL TRIGGERED
08/05/14 NCDEX DHANIYA MAY BUY 5510 5540-5590 5460 NOT EXECUTED
08/05/14 NCDEX DHANIYA MAY SELL 5415 5385-5335 5465
BOOKED FULL POR-
FIT
08/05/14 GBP/INR MAY BUY 102.42 102.56-102.71 102.21 NOT EXECUTED
08/05/14 GBP/INR MAY SELL 102.02 101.88-101.73 102.23 BOOKED PORFIT
08/05/14 EUR/INR MAY SELL 84.10 84.24-84.39 83.89
NO PROFIT NO
LOSS
08/05/14 EUR/INR MAY BUY 83.70 83.56-83.41 83.91 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
08/05/14 NIFTY FUTURE SELL 6700-6720 6650-6600 6750 CALL OPEN
08/05/14 IRBINFRA FUTURE BUY 125 128-130 122 CALL OPEN
08/05/14 HCLTECH FUTURE SELL 1340-1350 1310-1250 1390 CALL OPEN
08/05/14 VIMTA LABS CASH BUY 110-112 115-119-125 104 BOOKED PROFIT
07/04/14 NIFTY FUTURE BUY 6700-6720 6780-6800 6650 CALL OPEN
07/04/14 BHARAT FORGE FUTURE BUY 420-422 428-432 415 SL TRIGGERED

8. DAILY REPORT
09th
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS
MONDAY, MAY 05
10 AM ISM NONMANUFACTURING APRIL 54.3% 53.1%
TUESDAY, MAY 06
8:30 AM TRADE DEFICIT MARCH -$39.8 BLN -$42.3 BLN
WEDNESDAY, MAY 07
8:30 AM PRODUCTIVITY 1Q -1.1% 1.8%
8:30 AM UNIT LABOR COSTS 1Q -- -0.1%
10 AM JANET YELLEN TESTIMONY
3 PM CONSUMER CREDIT MARCH -- $16.5 BLN
THURSDAY, MAY 08
8:30 AM JOBLESS CLAIMS 5/3 330,000 344,000
FRIDAY, MAY 09
10 AM JOB OPENINGS MARCH -- 4.2 MLN
10 AM WHOLESALE INVENTORIES MARCH -- 0.5%