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DAILY REPORT
14th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
European shares fell on Tuesday after weak Chinese import
data, dragged down by auto and mining stocks, though
SABMiller soared after accepting a takeover proposal from
rival Anheuser-Busch InBev. The pan-European FTSEurofirst
300 index was down 0.9 percent at 1,417.16 points, with
the euro zone's blue-chip Euro STOXX 50 down 0.8 percent.
China's exports fell less than expected in September, but an
import dive left economists divided over whether the
world's second largest economy is ready to turn around.
US stocks fell on Tuesday, with the Dow snapping a seven-
day winning streak, on renewed fears of slowing growth in
China and another bout of selling in biotech shares. Bio-
techs led the S&P 500 and Nasdaq lower and the S&P
health care index, down 1.2 percent, had the biggest losses
among S&P sectors, followed by industrials, down 1.1 per-
cent. The Nasdaq Biotech Index .NBI was down 3.2 percent,
extending recent declines. The Dow Jones industrial aver-
age fell 49.97 points, or 0.29 percent, to 17,081.89, the S&P
500 lost 13.77 points, or 0.68 percent, to 2,003.69 and the
Nasdaq Composite dropped 42.03 points, or 0.87 percent,
to 4,796.61.
About 6.1 billion shares changed hands on US exchanges,
below the 7.5 billion daily average for the past 20 trading
days
Previous day Roundup
Benchmark indices continued to see profit booking (amid
consolidation) for second consecutive session Tuesday de-
spite strong IIP. Rising CPI and negative global cues
weighed on sentiment. The Sensex declined 57.58pts to
26846.53 and the Nifty fell 11.90pts to 8131.70 after hitting
day's low of 8088.60. The broader markets outperformed
benchmarks; the BSE Midcap closed flat with positive bias
and Smallcap gained 0.4%. The current consolidation may
continue for some more time due to lack of major trigger.
They see the Nifty in range of 8000-8400 in October.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [down
24.73pts], Capital Goods [down 13.29pts], PSU [down
11.56pts], FMCG [up 21.19Pts], Realty [up 18.51pts], Power
[up 5.46pts], Auto [up 16.00Pts], Healthcare [up 3.46Pts], IT
[down 121.48pts], Metals [up 1.48pts], TECK [down
56.52pts], Oil& Gas [down 42.41pts].
World Indices
Index Value % Change
D J l 17081.89 -0.29
S&P 500 2003.69 -0.68
NASDAQ 4796.61 -0.87
FTSE 100 6342.28 -0.45
Nikkei 225 17870.01 -2.00
Hong Kong 22425.03 -0.78
Top Gainers
Company CMP Change % Chg
ULTRACEMCO 2,900.00 55.25 1.94
BAJAJ-AUTO 2,464.60 42.35 1.75
COALINDIA 340.25 5.85 1.75
BPCL 862.55 13.50 1.59
YESBANK 733.80 10.05 1.39
Top Losers
Company CMP Change % Chg
IDEA 151.85 6.00 -3.80
ONGC 254.05 9.35 -3.55
HINDALCO 86.00 2.65 -2.99
VEDL 107.60 3.30 -2.98
HCLTECH 831.00 24.10 -2.82
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
ATUL 1,615.00 38.60 2.45
HIMATSEIDE 231.50 3.45 1.51
KWALITY 96.00 1.40 1.48
RUSHIL 211.20 -16.90 -7.41
TAKE 186.60 23.10 14.13
Indian Indices
Company CMP Change % Chg
NIFTY 8131.70 -11.90 -0.15
SENSEX 26846.53 -42.64 -0.16
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
GLOBOFFS 399.85 -99.95 -20.00
MONTECARLO 420.75 -6.20 -1.45
NAVKARCORP 152.60 -1.55 -1.01
DAILY REPORT
14th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH] 3. NCC [CASH]
In these volatile session NCC given breakout above 77 and finished with 7% gain at 81.10 on EOD chart, while it has positive divergence since it has resistance around 83 so buy it around 78.50-79.50 use stop loss of 76.50 for target of 81.50-83 MACRO NEWS Results Today: Hindustan Unilever (HUL), Zee Entertain-
ment, TV18 Broadcast, Network18 Media, TTK Prestige and Goa Carbon
TCS reported a 14.5 percent rise in quarterly net profit, meeting estimates, helped by a rise in new deals and a push towards digitisation.
DCB Bank Q2 profit falls 10% on higher provisions, tax cost
RelCapital gains 3%, Nippon Life ups stake in Rel AMC SBI likely to set up new subsidiary for non-banking biz Bank Of Baroda Case: Enforcement Directorate Arrests 4
People In `6,000 Cr Alleged Scam NHPC Says To Award 50 MW Solar Power EPC Contract
In Tamil Nadu Future Retail To Issue NCDs Worth `100 Cr On Private
Placement Basis Greenply Ind To Consider Stock Split In Ratio Of 1:5 On
October 28 Maruti Suzuki Opens Bookings For Its Premium
Hatchback Baleno Welspun Renewables Receives Another Round Of Fund-
ing Of $617 m Delhi High Court Says: Will Pass Order On Use Of CNG By
All Cab Aggregators Tomorrow Cannot Allow Diesel Vehi-cles To Ply On NCR Roads
STOCK RECOMMENDATIONS [FUTURE] 1. RELIANCE INFRA [FUTURE]
RELINFRA FUTURE moving in rising wedge pattern and from last five trading session it was getting resistance near upper trend line of pattern while at last session it finished around 2% gain since it making higher highs but it is not giving breakout on closing basis and on chart it has multiple resis-tance around 380 so sell it around 375-378 use stop loss of 385 for target of 370 365 360.
2. VOLTAS [FUTURE]
VOLTAS FUTURE faced selling pressure for that it finished around 1% gain on EOD chart it create double top pattern whose breakdown will come below 266.50 while in last ses-sion it closed at 268.50 while stochastic also given negative cross over so we advise to sell it below 266.50 for target of 264.50 261.50 257 use stop loss of 270.70.
DAILY REPORT
14th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 8,200 70.70 6,69,094 52,36,500
NIFTY CE 8,400 14.45 4,85,974 32,00,725
BANKNIFTY CE 18,000 186.00 57,473 6,45,525
INFY CE 1,200 4.50 12,376 43,16,250
TCS CE 2,700 22.50 10,451 6,99,500
INFY CE 1,160 7.80 8,421 11,07,500
TCS CE 2,800 7.95 8,397 4,56,500
RELCAPITAL CE 400 15.00 4,508 4,75,000
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 8,000 66.20 5,61,232 45,88,725
NIFTY PE 8,100 97.95 5,57,219 47,73,125
BANKNIFTY PE 17,000 167.00 39,929 6,70,300
TCS PE 2,500 30.00 11,083 4,55,625
INFY PE 1,100 30.15 6,386 7,54,750
TCS PE 2,550 48.90 4,925 2,10,500
RELIANCE PE 880 14.00 2,953 3,95,000
TATAMOTOR PE 350 8.25 2,820 6,69,500
FII DERIVATIVES STATISTICS
BUY OPEN INTEREST AT THE END OF THE DAY SELL
No. of
Contracts Amount in
Crores No. of
Contracts Amount in
Crores No. of
Contracts Amount in
Crores NET AMOUNT
INDEX FUTURES 49687 1247.28 67955 1634.22 993920 22792.3 -386.941
INDEX OPTIONS 356313 8968.14 391220 9697.22 2259973 70508.6 -729.078
STOCK FUTURES 74711 1978.27 86130 2309.34 1795985 47229.7 -331.068
STOCK OPTIONS 74286 1984.06 74148 1957.39 128431 3481.68 26.6705
TOTAL -1420.41
STOCKS IN NEWS Siemens India Bags Order Worth `97 Cr From NTPC
Cairn India to exit its Sri Lankan gas blocks
Nalco gets allocation of Potangi bauxite mine
DB Realty,Radius to tie up to develop Rs 3500 cr pro-ject
IDBI Bank may face pressure to redeem overseas bonds
Indiabulls real estate looking to sell 40% in London Property
IVRCL to get new owners as banks plan to pick up fur-ther 8.7% of equity capital and invoke SDR
NIFTY FUTURE
Nifty Future in last trading session remained steady to bearish. It hardly traded 70 points along the day. As Nifty is respecting the resistance 8250 since last four sessions it may continue it further. So again we advise you to sell Nifty Future around 8180 for the targets of 8100 and 7950 with strict stop loss of 8350
INDICES R2 R1 PIVOT S1 S2
NIFTY 8,186.00 8,158.00 8,123.00 8,095.00 8,060.00
BANK NIFTY 17,713.00 17,634.00 17,554.00 17,475.00 17,395.00
DAILY REPORT
14th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD OCT ABOVE 27000 TGTS 26580,26670 SL BE-
LOW 26400
SELL GOLD OCT BELOW 26800 TGTS 26320,26230 SL
ABOVE 26500
SILVER
TRADING STRATEGY:
BUY SILVER DEC ABOVE 37400 TGTS 37600,37900 SL BE-
LOW 37100
SELL SILVER DEC BELOW 37000 TGTS 36800,36500 SL
ABOVE 37300
COMMODITY ROUNDUP
Gold dropped today as corrective selling emerged in the
metal after recent string of gains. Some heavy selling
emerged in major indices yesterday amid continued worries
over Chinese economy. Commodities mostly dragged lower
though there were signs that moderation in equities is
bringing in some buying in gold at lower levels. COMEX Gold
is currently trading at $1160 per ounce, down 0.40% on the
day after testing lows near $1150 per ounce earlier in the
day. MCX Gold futures are trading at Rs 26838 per 10
grams, up 0.20% on the day after falling near Rs 26630
mark.
Chinese exports continued to decline in September amid
some signs of improving foreign demand. However a sharp
decline in the value of the nation’s imports also highlighted
continuing concerns about the slowdown in domestic de-
mand in the world’s second largest economy. China’s Sep-
tember exports were down 3.7% year-on-year in dollar
terms. Imports fell by a sharp 20% after falling around 14%
in August.
Crude oil prices also eased from their three month lows.
Iran's parliament approved historic nuclear deal with world
powers on Monday, effectively ending debate among law-
makers over the agreement and paving the way for its for-
mal implementation.
Copper futures declined on Tuesday, after latest trade fig-
ures out of China added to concerns over the health of the
world's second-biggest economy. Copper for December de-
livery on the Comex division of the New York Mercantile
Exchange shed 1.5 cents, or 0.61%, to trade at $2.400 a
pound during morning hours in London. On MCX, Copper
prices were at Rs 347.70 per kg, down 0.17%.
The prices tested a high of Rs 349.45 per kg and a low of Rs
345.80 per kg. Data released earlier showed that China
trade surplus widened to $60.3 billion last month from
$60.2 billion in August, compared to estimates for a surplus
of $46.8 billion. Chinese exports slumped 3.7% from a year
earlier, better than forecasts for a decline of 6.3%, while
imports plunged 20.4%, far worse than expectations for a
drop of 15.0%. A delay in raising interest rates would be
seen as bullish for Copper, as it decreases the relative cost
of holding on to the metal, which doesn't offer investors
any similar guaranteed payout
DAILY REPORT
14th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
NCDEX ROUNDUP
Selling intensified in coriander future on the back of strong stocks in local mandies along with receding export demand. Strong stocks of around 75-77 lakh tonnes have been re-ported in the major mandies. These have been almost dou-ble of previous year. Therefore, heavy stocks have mounted strong selling pressure on coriander prices from higher lev-els.. Traders pointed that favorable rainfall in major corian-der producing states will encourage coriander sowing in the current year. The NCDEX November futures settled at Rs 12220 per quintal, down 0.63% in the last trading. The NCDEX futures pared 2.11% in open interest indicating fresh shorts by traders.
32% jump seen in import of non-tyre products. Wholesale onion prices fall below Rs 30/kg at Lasalgaon. Besides im-porting onions, the government has curbed exports by rais-ing minimum export price.
The French agriculture ministry has hiked its wheat harvest estimates. The French Soft wheat production was seen at a record of 41mn tonnes, an upward revision of 200,000 ton-nes from last month, and a rise of 9% year-on-year. Soft wheat benefited from a mild winter and a warm and sunny spring, said the ministry. But the estimates for corn were cut again. The ministry revised lower by 400,000 tonnes to 13.3m tonnes its estimate for corn harvest. This accounts for a drop of nearly 30% over the record 2014 harvest.
Protesting farmers in Punjab on Tuesday decided to call off their seven-day 'Rail Roko' stir, which has crippled rail ser-vices in the state, but said their agitation against the Par-kash Singh Badal government would continue in support of their demand for higher compensation.
NCDEX INDICES
Index Value % Change
CAETOR SEED 3999 +1.21
CHANA 5180 +1.79
CORIANDER 12060 -0.34
COTTON SEED 1663 -0.12
GUAR SEED 4140 -1.66
JEERA 16425 +3.56
MUSTARDSEED 4925 +2.95
REF. SOY OIL 633.8 +1.14
TURMERIC 2743 -0.51
WHEAT 6010 2.19
RECOMMENDATIONS
DHANIYA
BUY CORIANDER NOV ABOVE 12370 TARGET 12401 12481
SL BELOW 12343
SELL CORIANDER NOV BELOW 12180 TARGET 12149 12069
SL ABOVE 12207
GUARSGUM
BUY GUARGUM NOV ABOVE 8840 TARGET 8890 8960 SL
BELOW 8780
SELL GUARGUM NOV BELOW 8620 TARGET 8570 8500 SL
ABOVE 8680
DAILY REPORT
14th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 665.0215 Yen-100 54.2600
Euro 73.9164 GBP 993.8860
CURRENCY
USD/INR
BUY USD/INR OCT ABOVE 65.38 TARGET 65.51 65.66 SL BE-
LOW 65.18
SELL USD/INR OCT BELOW 65.24 TARGET 65.11 64.96 SL
ABOVE 65.44
EUR/INR
BUY EUR/INR OCT ABOVE 74.52 TARGET 74.67 74.87 SL BE-
LOW 74.32
SELL EUR/INR OCT BELOW 74.08 TARGET 73.93 73.73 SL
ABOVE 74.28
CURRENCY MARKET UPDATES:
The rupee on Tuesday fell by 43 paise to close at 65.18 against the American currency on persistent dollar demand frombanks and importers amidst lower greenback in the overseas market. The rupee resumed lower at 64.88 per dollar as against Monday's level of 64.75 at the Interbank Foreign Exchange market. It hovered in a range of 64.85 and 65.19 per dollar during the day before ending at 65.18, showing a loss of 43 paise or 0.66 per cent.
The dollar index was traded lower by 0.07 per cent as against a basket of six currencies. In overseas market, the dollar languished around three-week lows against a basket of currencies in early Asian trade amid fading expectations about the US Federal Reserve hiking interest rates as early as this month.
The yen on Tuesday strengthened against its rival curren-cies in late Asian trade as slumping Asian stocks and weak Chinatrade data prompted investors to buy the safety of the Japanese currency. Meanwhile, the bench-mark BSE Sensex declined further by 57.58 points or 0.21 per cent.
The rupee depreciated over 40 paise for the day to close at 65.18 taking cues from weakness in local equities as inves-tors continued to stay away from the uncertain market. Also the sustained dollar demand from oil importers fur-ther forced rupee to depreciate over half per cent for the day.
The rupee recovered against the pound sterling to finish at 99.28 from the last close from 99.44 previously while dropped further against the euro to 74.17 form 73.63. It also dropped further against the Japanese currency to set-tle at 54.40 per 100 yen from 53.90.
In forward market on Tuesday, premium for dollar dropped further on sustained receivings from exporters. The bench-mark six-month premium payable in March dropped fur-ther to 194-196 paise from 196.25-198.25 paise on Mon-day while forward September 2016 also declined further to 405-407 pasie from 408.5-410.5 paise.
DAILY REPORT
14th
OCT. 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
13/10/15 NCDEX DHANIYA NOV. BUY 12310 12337-12417 12283 BOOKED FULL PROFIT
13/10/15 NCDEX DHANIYA NOV. SELL 12230 12203-12123 12257 SL TRIGGERED
13/10/15 NCDEX GUARGUM NOV. BUY 9070 9120-9190 9010 NOT EXECUTED
13/10/15 NCDEX GUARGUM NOV. SELL 8060 8010-7940 8120 NOT EXECUTED
13/10/15 MCX GOLD OCT. BUY 26900 26980-27070 26800 BOOKED PROFIT
13/10/15 MCX GOLD OCT. SELL 26700 26620-26530 25800 SL TRIGGERED
13/10/15 MCX SILVER DEC. BUY 37100 37100-37400 36600 BOOKED PROFIT
13/10/15 MCX SILVER DEC. SELL 36800 36400-36100 36900 SL TRIGGERED
13/10/15 USD/INR OCT. BUY 64.95 65.08-65.23 64.75 BOOKED PROFIT
13/10/15 USD/INR OCT. SELL 64.80 64.67-64.52 65.00 NOT EXECUTED
13/10/15 EUR/INR OCT. BUY 74.14 74.29-74.49 73.94 BOOKED PROFIT
13/10/15 EUR/INR OCT. SELL 73.70 73.55-73.35 73.90 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
13/10/15 NIFTY FUTURE SELL 8200 8100-7050 8350 NOT EXECUTED
13/10/15 MOTHERSUMI FUTURE BUY 259 263-267-271 255 NOT EXECUTED
13/10/15 STRANSFIN FUTURE BUY 980 995-1010 964 BOOKED FULL PROFIT
13/10/15 MAX INDIA CASH BUY 528 5335-545 520 SL TRIGGERED
12/10/15 NIFTY FUTURE SELL 8200 8100-7050 8350 BOOKED PROFIT
07/10/15 NIFTY FUTURE SELL 8180-8200 8100-8000 8350 BOOKED PROFIT
06/10/15 NIFTY FUTURE SELL 8180-8200 8080-7950 8350 BOOKED PROFIT
08/10/15 YESBANK FUTURE BUY 730-735 750-765 715 CALL OPEN
09/10/15 NIFTY FUTURE SELL 8190 8070-7950 8380 CALL OPEN
DAILY REPORT
14th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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TIME REPORT PERIOD ACTUAL CONSENSUS
FORECAST PREVIOUS
MONDAY, OCT. 12
NONE SCHEDULED COLUMBUS DAY
TUESDAY, OCT. 13
6 AM NFIB SMALL BUSINESS INDEX SEPT. -- 95.9
WEDNESDAY, OCT. 14
8:30 AM RETAIL SALES SEPT. 0.3% 0.2%
8:30 AM RETAIL SALES EX-AUTOS SEPT. 0.1% 0.1%
8:30 AM PRODUCER PRICE INDEX SEPT. -0.4% 0.0%
10 AM BUSINESS INVENTORIES AUG. 0.1% 0.1%
2 PM BEIGE BOOK
THURSDAY, OCT. 15
8:30 AM WEEKLY JOBLESS CLAIMS OCT. 3 N/A 263,000
8:30 AM CONSUMER PRICE INDEX SEPT. -0.3% -0.1%
8:30 AM CORE CPI SEPT. 0.2% 0.1%
8:30 AM EMPIRE STATE INDEX OCT. -5.5 -14.7
10 AM PHILLY FED OCT. 0.0 -6.0
FRIDAY, OCT. 16
9:15 AM INDUSTRIAL PRODUCTION SEPT. -0.2% -0.4%
9:15 AM CAPACITY UTILIZATION SEPT. 77.4% 77.6%
10 AM CONSUMER SENTIMENT OCT. 88.0 87.2
10 AM JOB OPENINGS AUG. -- 5.8 MLN
