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DAILY REPORT
05
th
FEBRUARY 2015
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian stocks and the euro handed back gains and slipped
on Thursday after the European Central Bank took a hard
line stance on Greece's debt and dampened optimism to-
wards a resolution to the saga.
European stocks ended higher on Wednesday as better-
than-expected results from LVMH triggered a rally in luxury
goods makers, while Greek banks continued to recover on
hopes of a deal with the European Union on Greece's debt.
Wall Street Update
The Dow ended in positive territory, lifted by shares of
Walt Disney, up 8 percent to USD 101.64 after quarterly
profit topped analysts' expectations. the S&P 500 and
Nasdaq ended lower on Wednesday, snapping a two-day
rally as energy shares slid with oil prices and as investors'
anxiety about the euro zone returned in the closing min-
utes of trading. The benchmark index added to losses late
in the session after the European Central Bank abruptly
cancelled its acceptance of Greek bonds in return for fund-
ing. The move means the Greek central bank will have to
provide its banks with tens of billions of euros of additional
emergency liquidity in coming weeks.
Previous day Roundup
It was another lacklustre session for the market on
Wednesday as the Sensex ended below the 29000-mark,
weighed down by banks, capital goods and select auto
stocks. The 30-share BSE Sensex declined 117.03 points to
28883.11 and the 50-share NSE Nifty slipped 32.85 pts to
8723.70, continuing weakness for the fourth consecutive
session while the broader markets closed flat. Investors
started booking profits due to disappointing earnings from
banks
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
100.35pts], Capital Goods [up 213.44pts], PSU [down
20.18pts], FMCG [down 146.22pts], Realty [up 4.32pts],
Power [up 8.25pts], Auto [up 91.64Pts], Healthcare [down
35.84pts], IT [up 111.51pts], Metals [down 47.98Pts], TECK
[up 33.82 pts], Oil& Gas [down 55.19 pts].
World Indices
Index Value % Change
D J l 17,673.02 +0.04
S&P 500 2,041.51 -0.42
NASDAQ 4,716.70 -0.42
EURO STO 3,415.53 +0.04
FTSE 100 6,860.02 -0.17
Nikkei 225 17,502.47 -1.00
Hong Kong 24,803.65 +0.50
Top Gainers
Company CMP Change % Chg
HINDALCO 151.75 5.30 3.62
CAIRN 253.80 8.45 3.44
TATAPOWER 90.00 2.65 3.03
ONGC 368.00 8.55 2.38
COALINDIA 364.60 7.95 2.23
Top Losers
Company CMP Change % Chg
AXISBANK 560.50 26.10 -4.45
BHEL 285.30 11.80 -3.97
ZEEL 363.00 10.10 -2.71
TECHM 2,843.65 75.50 -2.59
SBIN 292.55 7.75 -2.58
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg
DEN 110.65 6.20 5.94
IPCALAB 630.50 11.10 1.79
Indian Indices
Company CMP Change % Chg
NIFTY 8723.70 -32.85 -0.38
SENSEX 28883.11 -117.03 -0.40
Stocks at 52 Week’s High
Symbol Prev. Close Change %Chg
ADANIENT 648.75 7.15 1.11
DABUR 266.75 0.90 0.34
HEXAWARE 233.05 -1.50 -0.64
JKCEMENT 701.20 -7.70 -1.09
RANBAXY 734.75 6.85 0.94
SUNPHARMA 960.00 18.75 1.99
DAILY REPORT
05
th
FEBRUARY 2015
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. ENGINEER INDIA [FUTURE]
ENGINEER INDIA FUTURE is looking strong on charts, long
build up has been seen, we may see more upside, if it sus-
tains above 220 levels. We advise buying around 220-224
levels with strict stop loss of 215 for the targets of 229-234.
.2. CROMPTON GREAVE [FUTURE]
CROMPTON GREAVES FUTURE is looking weak on charts,
short build up has been seen, we may see more downside,
if it sustains below 170 levels. We advise selling around 170
-175 levels with strict stop loss of 180 for the targets of 165-
160 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1.PETRONET LNG (CASH)
PETRONET LNG is looking strong on charts, we may see
more upside, if it sustains above 188 levels. We advise
buying around 185-188 levels with strict stop loss of 180
for the targets of 192-195 levels.
MACRO NEWS
The services sector, which dominates India’s economy, in
January expanded at a faster rate than in the previous
month, the widely tracked HSBC Purchasing Managers’
Index (PMI) showed on Wednesday. The expansion was in
spite of a reduction in financial intermediation. Mean-
while, a day after the Reserve Bank of India (RBI) decided
to maintain the status quo on the repo rate in its monetary
policy review, the indicative numbers in the PMI data (for
the services and manufacturing sectors) showed the infla-
tion rate had stood at a modest level in the month.
The revised definition of gross domestic product (GDP) and
the new base year has pushed up India’s economic growth
in 2012-13 and 2013-14, compared to the older series, sur-
prising many.A small part of this is accounted for by the
movement of indirect taxes and subsidies. Besides, manu-
facturing rose 5.3 per cent in 2013-14 against contraction
in the older series as some services that go in promoting
factory production by large corporates are included only in
this output.
DAILY REPORT
05
th
FEBRUARY 2015
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 8,700 127.55 3,77,252 26,01,400
NIFTY PE 8,600 92.25 3,62,525 25,55,000
NIFTY PE 8,500 65.5 3,01,397 30,46,600
BANKNIFTY PE 19,000 380.85 29,998 3,58,550
AXISBANK PE 560 21.3 2,732 3,25,000
RELIANCE PE 920 19.15 1,741 2,45,000
CANBK PE 420 5.55 1,342 2,18,000
AURO-
PHARMA
PE 1,200 44.45 1,204 93,750
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 9,000 57.95 6,18,154 54,16,725
NIFTY CE 9,100 36.5 3,12,350 31,40,675
NIFTY CE 8,900 88.35 2,67,332 32,16,350
BANKNIFTY CE 20,000 207 44,590 3,93,825
AXISBANK CE 600 9.6 4,624 12,27,500
TATASTEEL CE 400 10.7 3,391 13,74,000
RELIANCE CE 960 15.25 3,247 6,47,250
UNITECH CE 20 1.15 3,132 1,38,24,000
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 51423 1430.16 44687 1209.63 903732 21340.99 220.53
INDEX OPTIONS 347844 9982.27 332022 9696.90 1908993 52548.05 285.37
STOCK FUTURES 106943 3224.88 133271 4101.83 1952343 59650.39 -876.95
STOCK OPTIONS 60668 1866.78 60417 1862.82 72806 2206.67 3.97
TOTAL -367.08
STOCKS IN NEWS
Cognizant Q4 net up 12%; expects currency to affect
revenues.
Mahindra & Mahindra, Hero Group and French ship-
builder DCNS eye 19 percent stake in Pipavav De-
fence.
Government may appoint 4 banks to manage NMDC
share sale.
Bombay High Court vacates status quo on govern-
ment's final order and FTIL divestments
Regulator proposes 78 percent reduction in Delhi
airport charges
NIFTY FUTURE
Nifty Future closed downside in the last trading session.
We advise selling around 8750-8740 with strict stop loss
8800 for the targets of 8700-8650
INDICES R2 R1 PIVOT S1 S2
NIFTY 8,828.77 8,776.23 8,740.32 8,687.78 8,651.87
BANK NIFTY 19,546.77 19,360.38 19,236.87 19,050.48 18,926.97
DAILY REPORT
05
th
FEBRUARY 2015
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER MAR ABOVE 38700 TGTS 38900,39200 SL BE-
LOW 38400
SELL SILVER MAR BELOW 38200 TGTS 38000,37700 SL
ABOVE 38500
GOLD
TRADING STRATEGY:
BUY GOLD APR ABOVE 27500 TGTS 27580,28680 SL BE-
LOW 27420
SELL GOLD APR BELOW 27300 TGTS 27220,27120 SL
ABOVE 27390
COMMODITY ROUNDUP
Gold prices rose by Rs 0.26 to Rs 27,359 per 10 gram in fu-
tures trade today as speculators indulged in creating fresh
positions amid a firm global trend.At the Multi Commodity
Exchange, gold for delivery in April rose by Rs 71, or 0.26%,
to Rs 27,359 per 10 grams in a business turnover of 848
lots.Likewise, the metal for delivery in February edged up
by Rs 2, or 0.01%, to Rs 27,500 per 10 grams in just two
lots.
Silver prices declined by Rs 124 to Rs 38,440 per kg in fu-
tures trade today as speculators reduced their exposures
amid weak trend in the global markets.At the Multi Com-
modity Exchange, silver prices for delivery in far-month
May contracts traded lower by Rs 124, or 0.32%, to Rs
38,440 per kg in business turnover of 9 lots.Similarly, the
white metal prices for delivery in March declined by Rs 119,
or 0.31%, to Rs 37,886 per kg in business volume of 278
lots.
Lead futures rose 0.53% to Rs 114.65 per kg today on
strong spot demand at domestic spot markets amid a firm-
ing trend overseas.
At the Multi Commodity Exchange, lead for delivery in Feb-
ruary traded higher by 60 paise, or 0.53%, to Rs 114.65 per
kg, with a turnover of 169 lots.The metal for delivery in
March rose 55 paise, or 0.48%, to Rs 115.60 per kg in a
turnover of 1 lot.
Copper prices moved up by Rs 4.05 to Rs 344.95 per kg in
futures trade today as speculators created fresh positions
on firm global cues.At the Multi Commodity Exchange, cop-
per for delivery in February traded higher by Rs 4.05, or
1.19%, to Rs 344.95 per kg in a turnover of 804
lots.Likewise, the metal for delivery in far-month April
edged up by Rs 3.85, or 1.12%, to Rs 349.10 per kg in 32
lots.Analysts attributed the rise in copper futures to a firm
global trend after crude oil climbed to the highest level in
almost a month, increasing the expense of mining and proc-
essing metals.Further, pick up in demand from consuming
industries at domestic spot markets supported the upside .
Oil fell and energy producers led declines in European
stocksbefore a report forecast to show the highest US
crudeinventories in at least three decades are continuing to
swell. Greece's bonds dropped.
DAILY REPORT
05
th
FEBRUARY 2015
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA APR ABOVE 7480 TGTS 7510,7560 SL 7430
SELL DHANIYA APR BELOW 7380 TGTS 7350,7300 SL 7430
GUARSGUM
BUY GUARGUM MAR ABOVE 10330 TGTS 10380,10480 SL
10240
SELL GUARGUM MAR BELOW 10080 TGTS 10030,9940 SL
10170
NCDEX
NCDEX ROUNDUP
Poor offtake from upcountry traders are affecting Turmeric
prices. Good arrivals were noted in Nizamabad today as well
and the prices tumbled amid thin demand. The traders are
expecting this momentum to continue, keeping prices
slightly on a bearish track. Prices have already soared by
around 30% in last three weeks, hitting highs above Rs 8000
per quintal. The counter is trading at Rs 7541 per quintal
mark in Nizamabad today, almost unchanged on the day.
Sliding crude oil prices are signalling an end to the guar
gumboom, which started a decade ago on the back of a
heightened shale gas exploration drive in the US.
Prices of guar seed spiralled down to nearly Rs 4,200 a quin-
tal in January, the lowest since December 2013, against a
peak of Rs 30,000 a quintal in March 2012.
In the past six months,
Jeera stayed steady after testing its three week low mark.
Prices have soared sharply in last few days as traders are
eying major crop losses in key producing states. Overall
trading was very patchy today as arrivals dropped to just
5000 bags. The spot prices are trading at Rs 15313 per quin-
tal- up Rs 10 per quintal on the day. Rajasthan crop is seen
taking a hit to the tune of around 30% on poor weather.
Gujarat
Thin trades are being witnessed soybeans though some bar-
gain buying kept the commodity supported above Rs 3400
per quintal mark. The worries of Bird flu cases emerging all
over in the country and a tepid global pricing action are
keeping a tab on the sentiments rop is also seen taking ma-
jor
NCDEX INDICES
Index Value % Change
Castor Seed 3994 -3.46
Chana 3450 -1.23
Coriander 7396 -1.74
Cotton Seed Oilcake 1451 -0.62
Guar Seed 10 MT 4147 -2.08
Jeera 14365 -3.98
Maize - Feed/
Industrial Grade
1170 +0.34
Mustardseed 3314 -0.72
Soy Bean 3449 +0.35
Turmeric 8030 -1.74
DAILY REPORT
05
th
FEBRUARY 2015
YOUR MINTVISORY Call us at +91-731-6642300
USD/INR
BUY USDINR FEB ABOVE 62.10 TGT 62.25,62.40 SL 61.90
SELL USDINR FEB BELOW 61.95 TGT 61.80,61.65 SL 62.15
EUR/INR
BUY EURINR FEB ABOVE 71.10 TGT 71.30,71.50 SL 70.90
SELL EURINR FEB BELOW 70.80 TGT 70.60,70.40 SL 71.00
CURRENCY MARKET UPDATES:
The rupee gained 11 paise to 61.56 against the US dollar in
early trade at the Interbank Foreign Exchange today amid
sustained overseas capital inflows. Besides, a higher opening
in the domestic equity market helped the rupee but the dol-
lar's gain against other currencies overseas capped the
rise .The rupee had ended at one-week high by gaining 13
paise at 61.67 against the Greenback yesterday on persistent
selling of dollars by banks and exporters as RBI kept interest
rates unchanged.
The euro held its gains on Wednesday after a surge driven by
growing optimism that Greece will hammer out a debt deal
and avoid a possible default. In Tokyo, the single currency
fetched $1.1459 and 135.12 yen, compared with $1.1479 and
134.96 yen in New York but sharply up from the levels
around $1.13 and 132 yen seen in Tokyo earlier Tuesday. The
dollar rose to 117.91 yen, from 117.57 yen in US trade. "The
driver appears to be increased market optimism that a solu-
tion may be found and indeed is beginning to be worked out
between Greece and its creditors," National Australia Bank
said in a note.
Short-covering in the South Korean won lifted the currency
more than 1 percent against the dollar on Wednesday, as
lacklustre US data as well as a rebound in oil prices squeezed
out long positions in the greenback. The won was quoted at
1,086.3 to the dollar as of 0503 GMT, compared to the session
close of 1,097.4 on Tuesday.
The dollar index rebounded on Wednesday, after suffering
its biggest one-day fall in over a year, helped by a jump in
Treasury yields and expectations for upbeat US economic
data later in the day.The New Zealand dollar was one of the
biggest movers, rising more than 1 per cent and bouncing
from recent four-year lows, after central bank Governor
Graeme Wheeler disappointed investors who expected a dov-
ish tone.While some other central banks including Australia
have cut interest rates, Wheeler said in a speech he expected
to keep rates on hold given the New Zealand economy re-
mained strong.
The Australian dollar held early gains on Thursday with re-
tail sales mixed and a focus overall on concerns Greece will
be unable to reach agreement on restructuring its sovereign
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 61.6800 Yen-100 61.6800
Euro 70.7470 GBP 70.7470
MCX COMMODITIES & CURRENCY
DAILY REPORT
05
th
FEBRUARY 2015
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
04/02/15 NCDEX GUARGUM FEB. BUY 10550 10600-10700 10460 NOT EXECUTED
04/02/15 NCDEX GUARGUM FEB. SELL 10230 10180-10080 10320 BOOKED FULL PROFIT
04/02/15 NCDEX DHANIYA APR. BUY 7570 7600-7650 7520 BOOKED PROFIT
04/02/15 NCDEX DHANIYA APR. SELL 7470 7440-7390 7520 BOOKED FULL PROFIT
04/02/15 JPY/INR FEB. BUY 52.85 53.00-53.15 52.65 BOOKED PROFIT
04/02/15 JPY/INR FEB. SELL 52.60 52.45-52.30 52.75 NOT EXECUTED
04/02/15 USD/INR FEB. BUY 62.10 62.25-62.40 61.90 NO PROFIT NO LOSS
04/02/15 USD/INR FEB. SELL 61.85 62.70-61.55 62.05 SL TRIGGERED
04/02/15 MCX GOLD FEB. BUY 27400 27480-28580 27320 BOOKED FULL PROFIT
04/02/15 MCX GOLD FEB. SELL 27200 27120-27020 27290 NOT EXECUTED
04/02/15 MCX SILVER MAR. BUY 38300 38500-3800 38000 BOOKED FULL PROFIT
04/02/15 MCX SILVER MAR. SELL 37600 37400-37100 37900 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
04/02/15 NIFTY FUTURE SELL 8780-8770 8730-8680 8830 CALL OPEN
04/02/15 ARVIND FUTURE BUY 300-302 306-310 296 SL TRIGGERED
04/02/15 VOLTAS FUTURE BUY 270-272 276-280 265 SL TRIGGERED
04/02/15 KALINDEE CASH BUY 160-162 166-170 155 CALL OPEN
DAILY REPORT
05
th
FEBRUARY 2015
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors
of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The
information contained herein is based on analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making invest-
ment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular invest-
ments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the
information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future
price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex-
pressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of
this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We
are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be
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SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
Disclaimer
MONDAY, FEB. 2
8:30 AM PERSONAL INCOME DEC. 0.2% 0.6%
8:30 AM CONSUMER SPENDING DEC. -0.3% 0.4%
8:30 AM CORE INFLATION DEC. 0.0% 0.0%
9:45 AM MARKIT PMI JAN. -- 53.7
10 AM ISM JAN. 55.5% 55.1%
10 AM CONSTRUCTION SPENDING DEC. 0.7% -0.3%
TUESDAY, FEB. 3
10 AM FACTORY ORDERS DEC. -2.0% -0.7%
TBA MOTOR VEHICLE SALES JAN. 16.9 MLN 16.8 MLN
WEDNESDAY, FEB. 4
8:15 AM ADP EMPLOYMENT REPORT JAN. -- 241,000
10 AM ISM NONMANUFACTURING JAN. 56.8% 56.5%
THURSDAY, FEB. 5
8:30 AM WEEKLY JOBLESS CLAIMS JAN. 31 N/A 265,000
8:30 AM TRADE DEFICIT DEC. -$36.8 BLN -$39.0 BLN
8:30 AM PRODUCTIVITY Q4 1.0% 2.3%
8:30 AM UNIT LABOR COSTS Q4 1.3% -1.0%
FRIDAY, FEB. 6
8:30 AM NONFARM PAYROLLS JAN. 231,000 252,000
8:30 AM UNEMPLOYMENT RATE JAN. 5.5% 5.6%
8:30 AM AVERAGE HOURLY WAGES JAN. 0.3% -0.2%
3 PM CONSUMER CREDIT DEC. -- $14 BLN
TIME REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS

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Epic research daily special report 05 feb 2015

  • 1. DAILY REPORT 05 th FEBRUARY 2015 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Asian stocks and the euro handed back gains and slipped on Thursday after the European Central Bank took a hard line stance on Greece's debt and dampened optimism to- wards a resolution to the saga. European stocks ended higher on Wednesday as better- than-expected results from LVMH triggered a rally in luxury goods makers, while Greek banks continued to recover on hopes of a deal with the European Union on Greece's debt. Wall Street Update The Dow ended in positive territory, lifted by shares of Walt Disney, up 8 percent to USD 101.64 after quarterly profit topped analysts' expectations. the S&P 500 and Nasdaq ended lower on Wednesday, snapping a two-day rally as energy shares slid with oil prices and as investors' anxiety about the euro zone returned in the closing min- utes of trading. The benchmark index added to losses late in the session after the European Central Bank abruptly cancelled its acceptance of Greek bonds in return for fund- ing. The move means the Greek central bank will have to provide its banks with tens of billions of euros of additional emergency liquidity in coming weeks. Previous day Roundup It was another lacklustre session for the market on Wednesday as the Sensex ended below the 29000-mark, weighed down by banks, capital goods and select auto stocks. The 30-share BSE Sensex declined 117.03 points to 28883.11 and the 50-share NSE Nifty slipped 32.85 pts to 8723.70, continuing weakness for the fourth consecutive session while the broader markets closed flat. Investors started booking profits due to disappointing earnings from banks Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 100.35pts], Capital Goods [up 213.44pts], PSU [down 20.18pts], FMCG [down 146.22pts], Realty [up 4.32pts], Power [up 8.25pts], Auto [up 91.64Pts], Healthcare [down 35.84pts], IT [up 111.51pts], Metals [down 47.98Pts], TECK [up 33.82 pts], Oil& Gas [down 55.19 pts]. World Indices Index Value % Change D J l 17,673.02 +0.04 S&P 500 2,041.51 -0.42 NASDAQ 4,716.70 -0.42 EURO STO 3,415.53 +0.04 FTSE 100 6,860.02 -0.17 Nikkei 225 17,502.47 -1.00 Hong Kong 24,803.65 +0.50 Top Gainers Company CMP Change % Chg HINDALCO 151.75 5.30 3.62 CAIRN 253.80 8.45 3.44 TATAPOWER 90.00 2.65 3.03 ONGC 368.00 8.55 2.38 COALINDIA 364.60 7.95 2.23 Top Losers Company CMP Change % Chg AXISBANK 560.50 26.10 -4.45 BHEL 285.30 11.80 -3.97 ZEEL 363.00 10.10 -2.71 TECHM 2,843.65 75.50 -2.59 SBIN 292.55 7.75 -2.58 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg DEN 110.65 6.20 5.94 IPCALAB 630.50 11.10 1.79 Indian Indices Company CMP Change % Chg NIFTY 8723.70 -32.85 -0.38 SENSEX 28883.11 -117.03 -0.40 Stocks at 52 Week’s High Symbol Prev. Close Change %Chg ADANIENT 648.75 7.15 1.11 DABUR 266.75 0.90 0.34 HEXAWARE 233.05 -1.50 -0.64 JKCEMENT 701.20 -7.70 -1.09 RANBAXY 734.75 6.85 0.94 SUNPHARMA 960.00 18.75 1.99
  • 2. DAILY REPORT 05 th FEBRUARY 2015 YOUR MINTVISORY Call us at +91-731-6642300 STOCK RECOMMENDATIONS [FUTURE] 1. ENGINEER INDIA [FUTURE] ENGINEER INDIA FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sus- tains above 220 levels. We advise buying around 220-224 levels with strict stop loss of 215 for the targets of 229-234. .2. CROMPTON GREAVE [FUTURE] CROMPTON GREAVES FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 170 levels. We advise selling around 170 -175 levels with strict stop loss of 180 for the targets of 165- 160 levels. EQUITY CASH & FUTURE STOCK RECOMMENDATION [CASH] 1.PETRONET LNG (CASH) PETRONET LNG is looking strong on charts, we may see more upside, if it sustains above 188 levels. We advise buying around 185-188 levels with strict stop loss of 180 for the targets of 192-195 levels. MACRO NEWS The services sector, which dominates India’s economy, in January expanded at a faster rate than in the previous month, the widely tracked HSBC Purchasing Managers’ Index (PMI) showed on Wednesday. The expansion was in spite of a reduction in financial intermediation. Mean- while, a day after the Reserve Bank of India (RBI) decided to maintain the status quo on the repo rate in its monetary policy review, the indicative numbers in the PMI data (for the services and manufacturing sectors) showed the infla- tion rate had stood at a modest level in the month. The revised definition of gross domestic product (GDP) and the new base year has pushed up India’s economic growth in 2012-13 and 2013-14, compared to the older series, sur- prising many.A small part of this is accounted for by the movement of indirect taxes and subsidies. Besides, manu- facturing rose 5.3 per cent in 2013-14 against contraction in the older series as some services that go in promoting factory production by large corporates are included only in this output.
  • 3. DAILY REPORT 05 th FEBRUARY 2015 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 8,700 127.55 3,77,252 26,01,400 NIFTY PE 8,600 92.25 3,62,525 25,55,000 NIFTY PE 8,500 65.5 3,01,397 30,46,600 BANKNIFTY PE 19,000 380.85 29,998 3,58,550 AXISBANK PE 560 21.3 2,732 3,25,000 RELIANCE PE 920 19.15 1,741 2,45,000 CANBK PE 420 5.55 1,342 2,18,000 AURO- PHARMA PE 1,200 44.45 1,204 93,750 MOST ACTIVE CALL OPTION Symbol Op- tion Type Strike Price LTP Traded Volume (Contracts) Open Interest NIFTY CE 9,000 57.95 6,18,154 54,16,725 NIFTY CE 9,100 36.5 3,12,350 31,40,675 NIFTY CE 8,900 88.35 2,67,332 32,16,350 BANKNIFTY CE 20,000 207 44,590 3,93,825 AXISBANK CE 600 9.6 4,624 12,27,500 TATASTEEL CE 400 10.7 3,391 13,74,000 RELIANCE CE 960 15.25 3,247 6,47,250 UNITECH CE 20 1.15 3,132 1,38,24,000 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 51423 1430.16 44687 1209.63 903732 21340.99 220.53 INDEX OPTIONS 347844 9982.27 332022 9696.90 1908993 52548.05 285.37 STOCK FUTURES 106943 3224.88 133271 4101.83 1952343 59650.39 -876.95 STOCK OPTIONS 60668 1866.78 60417 1862.82 72806 2206.67 3.97 TOTAL -367.08 STOCKS IN NEWS Cognizant Q4 net up 12%; expects currency to affect revenues. Mahindra & Mahindra, Hero Group and French ship- builder DCNS eye 19 percent stake in Pipavav De- fence. Government may appoint 4 banks to manage NMDC share sale. Bombay High Court vacates status quo on govern- ment's final order and FTIL divestments Regulator proposes 78 percent reduction in Delhi airport charges NIFTY FUTURE Nifty Future closed downside in the last trading session. We advise selling around 8750-8740 with strict stop loss 8800 for the targets of 8700-8650 INDICES R2 R1 PIVOT S1 S2 NIFTY 8,828.77 8,776.23 8,740.32 8,687.78 8,651.87 BANK NIFTY 19,546.77 19,360.38 19,236.87 19,050.48 18,926.97
  • 4. DAILY REPORT 05 th FEBRUARY 2015 YOUR MINTVISORY Call us at +91-731-6642300 NCDEX RECOMMENDATIONS SILVER TRADING STRATEGY: BUY SILVER MAR ABOVE 38700 TGTS 38900,39200 SL BE- LOW 38400 SELL SILVER MAR BELOW 38200 TGTS 38000,37700 SL ABOVE 38500 GOLD TRADING STRATEGY: BUY GOLD APR ABOVE 27500 TGTS 27580,28680 SL BE- LOW 27420 SELL GOLD APR BELOW 27300 TGTS 27220,27120 SL ABOVE 27390 COMMODITY ROUNDUP Gold prices rose by Rs 0.26 to Rs 27,359 per 10 gram in fu- tures trade today as speculators indulged in creating fresh positions amid a firm global trend.At the Multi Commodity Exchange, gold for delivery in April rose by Rs 71, or 0.26%, to Rs 27,359 per 10 grams in a business turnover of 848 lots.Likewise, the metal for delivery in February edged up by Rs 2, or 0.01%, to Rs 27,500 per 10 grams in just two lots. Silver prices declined by Rs 124 to Rs 38,440 per kg in fu- tures trade today as speculators reduced their exposures amid weak trend in the global markets.At the Multi Com- modity Exchange, silver prices for delivery in far-month May contracts traded lower by Rs 124, or 0.32%, to Rs 38,440 per kg in business turnover of 9 lots.Similarly, the white metal prices for delivery in March declined by Rs 119, or 0.31%, to Rs 37,886 per kg in business volume of 278 lots. Lead futures rose 0.53% to Rs 114.65 per kg today on strong spot demand at domestic spot markets amid a firm- ing trend overseas. At the Multi Commodity Exchange, lead for delivery in Feb- ruary traded higher by 60 paise, or 0.53%, to Rs 114.65 per kg, with a turnover of 169 lots.The metal for delivery in March rose 55 paise, or 0.48%, to Rs 115.60 per kg in a turnover of 1 lot. Copper prices moved up by Rs 4.05 to Rs 344.95 per kg in futures trade today as speculators created fresh positions on firm global cues.At the Multi Commodity Exchange, cop- per for delivery in February traded higher by Rs 4.05, or 1.19%, to Rs 344.95 per kg in a turnover of 804 lots.Likewise, the metal for delivery in far-month April edged up by Rs 3.85, or 1.12%, to Rs 349.10 per kg in 32 lots.Analysts attributed the rise in copper futures to a firm global trend after crude oil climbed to the highest level in almost a month, increasing the expense of mining and proc- essing metals.Further, pick up in demand from consuming industries at domestic spot markets supported the upside . Oil fell and energy producers led declines in European stocksbefore a report forecast to show the highest US crudeinventories in at least three decades are continuing to swell. Greece's bonds dropped.
  • 5. DAILY REPORT 05 th FEBRUARY 2015 YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS DHANIYA BUY DHANIYA APR ABOVE 7480 TGTS 7510,7560 SL 7430 SELL DHANIYA APR BELOW 7380 TGTS 7350,7300 SL 7430 GUARSGUM BUY GUARGUM MAR ABOVE 10330 TGTS 10380,10480 SL 10240 SELL GUARGUM MAR BELOW 10080 TGTS 10030,9940 SL 10170 NCDEX NCDEX ROUNDUP Poor offtake from upcountry traders are affecting Turmeric prices. Good arrivals were noted in Nizamabad today as well and the prices tumbled amid thin demand. The traders are expecting this momentum to continue, keeping prices slightly on a bearish track. Prices have already soared by around 30% in last three weeks, hitting highs above Rs 8000 per quintal. The counter is trading at Rs 7541 per quintal mark in Nizamabad today, almost unchanged on the day. Sliding crude oil prices are signalling an end to the guar gumboom, which started a decade ago on the back of a heightened shale gas exploration drive in the US. Prices of guar seed spiralled down to nearly Rs 4,200 a quin- tal in January, the lowest since December 2013, against a peak of Rs 30,000 a quintal in March 2012. In the past six months, Jeera stayed steady after testing its three week low mark. Prices have soared sharply in last few days as traders are eying major crop losses in key producing states. Overall trading was very patchy today as arrivals dropped to just 5000 bags. The spot prices are trading at Rs 15313 per quin- tal- up Rs 10 per quintal on the day. Rajasthan crop is seen taking a hit to the tune of around 30% on poor weather. Gujarat Thin trades are being witnessed soybeans though some bar- gain buying kept the commodity supported above Rs 3400 per quintal mark. The worries of Bird flu cases emerging all over in the country and a tepid global pricing action are keeping a tab on the sentiments rop is also seen taking ma- jor NCDEX INDICES Index Value % Change Castor Seed 3994 -3.46 Chana 3450 -1.23 Coriander 7396 -1.74 Cotton Seed Oilcake 1451 -0.62 Guar Seed 10 MT 4147 -2.08 Jeera 14365 -3.98 Maize - Feed/ Industrial Grade 1170 +0.34 Mustardseed 3314 -0.72 Soy Bean 3449 +0.35 Turmeric 8030 -1.74
  • 6. DAILY REPORT 05 th FEBRUARY 2015 YOUR MINTVISORY Call us at +91-731-6642300 USD/INR BUY USDINR FEB ABOVE 62.10 TGT 62.25,62.40 SL 61.90 SELL USDINR FEB BELOW 61.95 TGT 61.80,61.65 SL 62.15 EUR/INR BUY EURINR FEB ABOVE 71.10 TGT 71.30,71.50 SL 70.90 SELL EURINR FEB BELOW 70.80 TGT 70.60,70.40 SL 71.00 CURRENCY MARKET UPDATES: The rupee gained 11 paise to 61.56 against the US dollar in early trade at the Interbank Foreign Exchange today amid sustained overseas capital inflows. Besides, a higher opening in the domestic equity market helped the rupee but the dol- lar's gain against other currencies overseas capped the rise .The rupee had ended at one-week high by gaining 13 paise at 61.67 against the Greenback yesterday on persistent selling of dollars by banks and exporters as RBI kept interest rates unchanged. The euro held its gains on Wednesday after a surge driven by growing optimism that Greece will hammer out a debt deal and avoid a possible default. In Tokyo, the single currency fetched $1.1459 and 135.12 yen, compared with $1.1479 and 134.96 yen in New York but sharply up from the levels around $1.13 and 132 yen seen in Tokyo earlier Tuesday. The dollar rose to 117.91 yen, from 117.57 yen in US trade. "The driver appears to be increased market optimism that a solu- tion may be found and indeed is beginning to be worked out between Greece and its creditors," National Australia Bank said in a note. Short-covering in the South Korean won lifted the currency more than 1 percent against the dollar on Wednesday, as lacklustre US data as well as a rebound in oil prices squeezed out long positions in the greenback. The won was quoted at 1,086.3 to the dollar as of 0503 GMT, compared to the session close of 1,097.4 on Tuesday. The dollar index rebounded on Wednesday, after suffering its biggest one-day fall in over a year, helped by a jump in Treasury yields and expectations for upbeat US economic data later in the day.The New Zealand dollar was one of the biggest movers, rising more than 1 per cent and bouncing from recent four-year lows, after central bank Governor Graeme Wheeler disappointed investors who expected a dov- ish tone.While some other central banks including Australia have cut interest rates, Wheeler said in a speech he expected to keep rates on hold given the New Zealand economy re- mained strong. The Australian dollar held early gains on Thursday with re- tail sales mixed and a focus overall on concerns Greece will be unable to reach agreement on restructuring its sovereign RBI Reference Rate Currency Rate Currency Rate Rupee- $ 61.6800 Yen-100 61.6800 Euro 70.7470 GBP 70.7470 MCX COMMODITIES & CURRENCY
  • 7. DAILY REPORT 05 th FEBRUARY 2015 YOUR MINTVISORY Call us at +91-731-6642300 CALL REPORT PERFORMANCE UPDATES Date Commodity/ Currency Pairs Contract Strategy Entry Level Target Stop Loss Remark 04/02/15 NCDEX GUARGUM FEB. BUY 10550 10600-10700 10460 NOT EXECUTED 04/02/15 NCDEX GUARGUM FEB. SELL 10230 10180-10080 10320 BOOKED FULL PROFIT 04/02/15 NCDEX DHANIYA APR. BUY 7570 7600-7650 7520 BOOKED PROFIT 04/02/15 NCDEX DHANIYA APR. SELL 7470 7440-7390 7520 BOOKED FULL PROFIT 04/02/15 JPY/INR FEB. BUY 52.85 53.00-53.15 52.65 BOOKED PROFIT 04/02/15 JPY/INR FEB. SELL 52.60 52.45-52.30 52.75 NOT EXECUTED 04/02/15 USD/INR FEB. BUY 62.10 62.25-62.40 61.90 NO PROFIT NO LOSS 04/02/15 USD/INR FEB. SELL 61.85 62.70-61.55 62.05 SL TRIGGERED 04/02/15 MCX GOLD FEB. BUY 27400 27480-28580 27320 BOOKED FULL PROFIT 04/02/15 MCX GOLD FEB. SELL 27200 27120-27020 27290 NOT EXECUTED 04/02/15 MCX SILVER MAR. BUY 38300 38500-3800 38000 BOOKED FULL PROFIT 04/02/15 MCX SILVER MAR. SELL 37600 37400-37100 37900 NOT EXECUTED Date Scrip CASH/ FUTURE/ OPTION Strategy Entry Level Target Stop Loss Remark 04/02/15 NIFTY FUTURE SELL 8780-8770 8730-8680 8830 CALL OPEN 04/02/15 ARVIND FUTURE BUY 300-302 306-310 296 SL TRIGGERED 04/02/15 VOLTAS FUTURE BUY 270-272 276-280 265 SL TRIGGERED 04/02/15 KALINDEE CASH BUY 160-162 166-170 155 CALL OPEN
  • 8. DAILY REPORT 05 th FEBRUARY 2015 YOUR MINTVISORY Call us at +91-731-6642300 NEXT WEEK'S U.S. ECONOMIC REPORTS ECONOMIC CALENDAR The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making invest- ment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular invest- ments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex- pressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Disclaimer MONDAY, FEB. 2 8:30 AM PERSONAL INCOME DEC. 0.2% 0.6% 8:30 AM CONSUMER SPENDING DEC. -0.3% 0.4% 8:30 AM CORE INFLATION DEC. 0.0% 0.0% 9:45 AM MARKIT PMI JAN. -- 53.7 10 AM ISM JAN. 55.5% 55.1% 10 AM CONSTRUCTION SPENDING DEC. 0.7% -0.3% TUESDAY, FEB. 3 10 AM FACTORY ORDERS DEC. -2.0% -0.7% TBA MOTOR VEHICLE SALES JAN. 16.9 MLN 16.8 MLN WEDNESDAY, FEB. 4 8:15 AM ADP EMPLOYMENT REPORT JAN. -- 241,000 10 AM ISM NONMANUFACTURING JAN. 56.8% 56.5% THURSDAY, FEB. 5 8:30 AM WEEKLY JOBLESS CLAIMS JAN. 31 N/A 265,000 8:30 AM TRADE DEFICIT DEC. -$36.8 BLN -$39.0 BLN 8:30 AM PRODUCTIVITY Q4 1.0% 2.3% 8:30 AM UNIT LABOR COSTS Q4 1.3% -1.0% FRIDAY, FEB. 6 8:30 AM NONFARM PAYROLLS JAN. 231,000 252,000 8:30 AM UNEMPLOYMENT RATE JAN. 5.5% 5.6% 8:30 AM AVERAGE HOURLY WAGES JAN. 0.3% -0.2% 3 PM CONSUMER CREDIT DEC. -- $14 BLN TIME REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS