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DAILY REPORT
26th
AUG. 2015
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
European shares rose more than 4 percent on Tuesday,
their best one-day gain since late 2011, as a rate cut in
China fuelled a recovery from a bruising 48-hour sell-off.
European Central Bank is ready to take further measures if
the inflation outlook changes materially, ECB Vice President
Vitor Constancio said.The pan-European FTSEurofirst 300
index, which slumped 5.4 percent on Monday, closed up
4.2 percent. The blue-chip Euro STOXX 50 index rose 4.7
percent. German chipmaker Infineon rose 10 percent while
miner Antofagasta gained 8.7 percent.
A rally on Wall Street evaporated on Tuesday and stocks
ended with deep losses as concerns about China's economy
outweighed lower valuations that some earlier saw as bar-
gains. In a dramatic session, major indices turned negative
in the final minutes of trading after previously climbing al-
most 3 percent. Investors cited more worries that a slow-
down in China could hobble global growth, even after the
country's central bank cut interest rates on Tuesday for the
second time in two months. The move came after Chinese
stocks slumped 8 percent on Tuesday, on top of an 8.5 per-
cent drop on Monday. The Dow Jones industrial average
fell 204.91 points, or 1.29 percent, to end at 15,666.44. The
S&P 500 lost 25.59 points, or 1.35 percent, to finish at
1,867.62 and the Nasdaq Composite dropped 19.76 points,
or 0.44 percent, to 4,506.49.
Previous day Roundup
ndian shares rose on Tuesday, bouncing back from their
lowest levels in a year as markets were seen as oversold,
while sentiment was also helped after the government said
it would make another attempt to pass the goods and ser-
vices tax The broader NSE index rose 0.92 percent to
7,880.70 points, snapping a three-day losing streak. It ear-
lier hit its lowest since Aug. 12, 2014. The benchmark BSE
index ended 1.13 percent higher after earlier falling as
much as 1.7 percent to its lowest since Aug. 8, 2014.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
56.58pts], Capital Goods [down 64.21pts], PSU [up
167.64pts], FMCG [up 57.01pts], Realty [up 78.52pts],
Power [up 16.02pts], Auto [up 359.50Pts], Healthcare
[down 197.89Pts], IT [down 52.68pts], Metals [up
277.30pts], TECK [up 1.51pts], Oil& Gas [up 64.21 pts].
World Indices
Index Value % Change
D J l 16990.69 -2.06
S&P 500 2035.73 -2.11
NASDAQ 4877.49 -2.82
FTSE 100 6367.89 -0.56
Nikkei 225 19612.93 -2.10
Hong Kong 22281.67 -2.09
Top Gainers
Company CMP Change % Chg
YESBANK 681.00 51.30 8.15
TATAMOTORS 329.50 21.25 6.89
VEDL 86.20 5.10 6.29
BPCL 868.80 50.20 6.13
ICICIBANK 284.00 14.05 5.20
Top Losers
Company CMP Change % Chg
TATAPOWER 58.25 4.00 -6.43
HDFC 1,150.00 17.75 -1.52
POWERGRID 129.20 1.90 -1.45
HCLTECH 914.70 13.20 -1.42
AMBUJACEM 209.50 2.65 -1.25
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
AMARAJABAT 1,087.80 96.05 9.68
Indian Indices
Company CMP Change % Chg
NIFTY 7880.70 .71.70 +0.92
SENSEX 26032.38 +290.82 +1.13
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ABAN 233.95 -6.95 -2.89
ACC 1,374.70 7.55 0.55
ADANIPOWER 21.55 0.50 2.38
GAIL 281.65 8.30 3.04
IRB 212.80 -1.90 -0.88
L&TFH 61.80 2.10 3.52
ONGC 232.00 4.30 1.89
PFC 212.80 17.70 9.07
DAILY REPORT
26th
AUG. 2015
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH]
1. CHENNPETRO (CASH)
CHENNPETRO finished around 3% gain it break 200 level but with recovery in market it given smart bounce and cre-ate long bullish hammer on EOD chart since market trend is bearish but in any bounce back it can give around 8-10% bounce so buy it above 230 use strict stop loss of 224 for target of 235-240-245
MACRO NEWS
China lowers 1-yr lending rate, deposit rate by 25 bps
RBI rate cut hinges on yuan devaluation, US Fed action: DBS
Government may announce OROP on August 28 on the occasion of the 50th anniversary of 1965 war:
Govt eyes promulgation of land ordinance for 4th time | PM wants to fix call drops
Petrochemical & related industries to touch $280 billion by 2020
PEs warm up to realty, investment jumps over Rs 11,000 crore in H1
Glenmark to launch 10-12 new products in India, eyes 18-20 per cent growth
Cipla urges government to support capital investment, R&D for pharma industry
AuroPharma targets a revenue of over $3 bn by 2017-18
Overseas textile importers seek a pie in higher realisa-tion for Indian exporters
STOCK RECOMMENDATIONS [FUTURE] 1. BIOCON [FUTURE]
BIOCON Future finished around 4.63% gain it maintain previ-ous session low of 394.55, at 400 it has strong support tech-nically as well as psychologically from these level it can be positional buy with stop loss of 393 while in intraday buy it around 405-410 use strict stop loss of 398 for target of 415-420-430+.
2.MINDTREE [FUTURE]
In volatility IT sector was too weak but some index heavy-weight given recovery but finished with loss for that MIND-TREE Future finished with 4% loss and create too long bear-ish candle on RSI it has divergence while 55DMA at 1305. around 1320 it has short term resistance so we advise to sell
DAILY REPORT
26th
AUG. 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 CE 8,000 39.10 15,74,752 36,51,625
NIFTY CE 8,100 15.25 11,12,221 23,05,975
BANKNIFTY CE 17,500 120.00 1,48,011 3,77,050
INFY CE 1,100 11.50 8,725 5,71,500
ASHOKLEY CE 90 1.00 8,649 29,72,000
SBIN CE 260 2.25 8,630 16,77,000
LT CE 1,650 18.50 6,061 98,000
RELIANCE CE 860 14.50 5,980 2,91,500
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 7,700 30.05 13,79,367 25,62,400
NIFTY PE 7,800 53.00 12,99,899 32,60,825
BANKNIFTY PE 16,500 39.10 1,10,738 2,43,050
LT PE 1,600 11.30 5,395 72,500
DLF PE 100 0.85 5,174 23,04,000
ASHOKLEY PE 80 0.40 4,898 26,48,000
SBIN PE 240 1.45 4,795 7,19,000
TATASTEEL PE 200 1.50 4,540 9,38,000
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 417605 8577.42 364702 7553.92 1022009 21803.37 1023.51
INDEX OPTIONS 2046437 43902.02 2139792 45999.53 3475185 84672.57 -2097.51
STOCK FUTURES 653522 16141.37 593849 14841.92 2081782 51818.19 1299.45
STOCK OPTIONS 171845 4357.23 171327 4348.52 162196 4027.79 8.70
TOTAL 234.13
STOCKS IN NEWS Welspun Corp forms JV with Wasco Energy for Rs 200
cr plant
L&T Construction bags orders worth Rs 1,563 crore in July, August
ITC denies receiving notice on excess lead in Yippee
Suzlon commissions 6.25 MW-wind project for NSE
ONGC Vsubmits revised development plan for Iran gas field
Union Bank keen to join payments banks bandwagon
NIFTY FUTURE
Nifty Future in yesterday trading session faced volatility as in first half it broke the important support of 7750 but in later hours it reversed and recovered all losses to close with positive signals ahead. We advise you to buy Nifty around 7900 for the targets of 8000 and 8150 with strict stop loss of 7750.
INDICES R2 R1 PIVOT S1 S2
NIFTY 8,080.60 7,981.53 7,824.45 7,723.50 7,566.30
BANK NIFTY 17,643.12 17,417.93 17,043.97 16,818.78 16.444.82
DAILY REPORT
26th
AUG. 2015
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD OCT ABOVE 26800 TGTS 27880,26790 SL BE-
LOW 26700
SELL GOLD OCT BELOW 26600 TGTS 26520,26430 SL
ABOVE 26700
SILVER
TRADING STRATEGY:
BUY SILVER SEP ABOVE 34800 TGTS 35000,35300 SL BE-
LOW 34500
SELL SILVER SEP BELOW 34500 TGTS 34300,34000 SL
ABOVE 34800
COMMODITY ROUNDUP
Falling crude oil prices that have touched a six-and-a-half
year low have cast a shadow on the viability of investment
in unconventional energy sources. From shale assets, in
which Indian companies made a debut when oil prices had
soared to more than $100 a barrel, to solar power, where
technology costs overbear the zero cost of fuel, analysts are
sceptical about the way forward. At present, Brent crude is
hovering around $44 a barrel. Analysts say it is too low for
oil companies to make economic sense by investing in un-
conventional energy sources, though shale oil and gas have
generated considerable interest from Indian companies.
MCX Gold tumbled near Rs 27000 per 10 grams mark in
volatile trade as the global gold futures eased under $1150
per ounce. Gold managed to hold steady yesterday as an
across the globe panic hit equities. Chinese economic wor-
ries refuse to budge and markets started on a nervous
mode. However, modest gains emerged in equities today as
bargain buying lifted sentiments. European markets gained
in impressive moves and kept gold under check. COMEX
Gold futures are trading at 1150 per ounce, down 0.31% on
the day after falling around $1145 levels earlier. MCX Gold
futures are trading at Rs 27109 per 10 grams, down 1.22%
on the day after falling near Rs 27050 mark. Gold specula-
tors and large futures traders increased their gold bullish
positions higher last week for a third consecutive week, ac-
cording to the latest Commitment of Traders (COT) data
released by the CFTC on Friday.
MCX SILVERMIC August contract was trading at Rs 35007
down Rs 411, or 1.16 percent. The SILVERMIC rate touched
an intraday high of Rs 35578 and an intraday low of Rs
34861. So far 26649 contracts have been traded. SILVERMIC
prices have moved down Rs 1329, or 3.66 percent in the
August series so far. MCX SILVERMIC November contract
was trading at Rs 35840 down Rs 398, or 1.10 percent. The
SILVERMIC rate touched an intraday high of Rs 36801 and
an intraday low of Rs 35715. So far 7014 contracts have
been traded. SILVERMIC prices have moved down Rs 2860,
or 7.39 percent in the November series so far.
DAILY REPORT
26th
AUG. 2015
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
RECOMMENDATIONS
DHANIYA
BUY CORIANDER SEP ABOVE 10815 TARGET 10845 10895 SL
BELOW 10785
SELL CORIANDER SEP BELOW 10600 TARGET 10570 10520
SL ABOVE 10630
GUARSGUM
BUY GUARGUM OCT ABOVE 9040 TARGET 9090 9160 SL
BELOW 8980
SELL GUARGUM OCT BELOW 8900 TARGET 8850 8780 SL
ABOVE 8960
NCDEX ROUNDUP
As per latest release from Cargo Surveyor Intertek Agri Ser-
vices, Malaysia's palm oil exports during August 1-25, 2015
stood at 12.75 Lakh metric tonnes, up 10% from the last
month in the same period.
Chana futures have witnessed strong gains today on the
back of possible decline in kharif pulses production in the
current year coupled with limited supplies of rabi pulses in
local mandies. The NCDEX futures added 2.36 percent to-
day. The total kharif pulses production is likely to decline by
10 percent from the last year to reach 5.12 lakh tonnes due
to limited supplies from states such as Karnataka, Madhya
Pradesh and Andhra Pradesh. The prices were also aug-
mented by thin supplies of chana at local mandies as the
daily arrivals of chana at Delhi mandi have been reduced to
25 motors against 40 motors of the last week. The NCDEX
September futures swelled by 2.36 percent today to close at
Rs 4768 per quintal. The NCDEX futures added 8 percent in
open interest indicating fresh buying by traders.
Oil rose more than three percent on Tuesday, as oversold
conditions brought some buyers back to the market, but a
lingering supply glut and worries about the slowing econ-
omy in top commodities consumer China kept crude
prices near 6-1/2-year lows. The market braced for more
losses in crude on expectations that US crude stockpiles
rose again last week amid refinery outages. Early estimates
in a Reuters poll showed a build of 2.2 million barrels, add-
ing to the previous week's 2.6 million-barrel build.
NCDEX INDICES
Index Value % Change
CAETOR SEED 4026 -0.76
CHANA 4825 +1.03
CORIANDER 10742 +0.03
COTTON SEED 20332 +0.25
GUAR SEED 3974 +1.58
JEERA 15700 -1.13
MUSTARDSEED 4250 +0.02
REF. SOY OIL 573.45 +0.80
TURMERIC 8238 +1.55
WHEAT 1513 -0.13
DAILY REPORT
26th
AUG. 2015
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 66.7090 Yen-100 56.0100
Euro 77.1089 GBP 105.1000
CURRENCY
USD/INR
BUY USD/INR AUG ABOVE 66.27 TARGET 66.4 66.55 SL BE-
LOW 66.07
SELL USD/INR AUG BELOW 65.93 TARGET 65.8 65.65 SL
ABOVE 66.13
EUR/INR
BUY EUR/INR AUG ABOVE 76.4 TARGET 76.55 76.75 SL BE-
LOW 76.2
SELL EUR/INR AUG BELOW 75.5 TARGET 75.35 75.15 SL
ABOVE 75.7
CURRENCY MARKET UPDATES:
The US dollar recovered further against a basket of curren-
cies on Tuesday, after China's central bank cut interest
rates in a bid to bolster economic growth after a plunge in
the country's stock market. The dollar index, which meas-
ures the greenback's strength against a trade-weighted
basket of six major currencies, climbed to as much as 94.25
following the China move and was last seen at 94.15, re-
covering from the eight-month trough of 92.52 set on
Monday.
The People's Bank of China cut interest rates by 25 basis
points to 4.6%. The bank also cut the reserve requirement
ratio for large lenders to 18.0%. Fears over a global eco-
nomic downturn, led by a slowdown in China's economy
have intensified in recent days, accelerating a selloff across
global markets. Asian and European stocks rebounded on
Tuesday, but shares in China and Japan continued to
slump. Shares in Shanghai fell around 8% overnight, one
day after the worst trading session since 2007, dubbed
'Black Monday'.
As against the euro, dollar rallied around 1%, with EUR/
USD at 1.1502 backing further away from Monday's eight-
month peaks of 1.1713. USD/JPY advanced to 120.03. Ster-
ling trimmed back gains against the dollar, with GBP/USD
last at 1.5784 after rising to seven-week highs of 1.5819
earlier.
The Indian rupee extended gains in afternoon trading on
Tuesday, rebounding further from a two-year low against
the dollar earlier in the day, after China's central bank cut
interest rates and simultaneously relaxed reserve require-
ments. The Indian rupee gained to as much as 65.89 per
dollar after the news from China from levels of around
66.20. It had earlier hit as low as 66.76 to the dollar, its
weakest since Sept. 4, 2013. Meanwhile, the benchmark 10
-year bond yield was trading at 7.81 percent compared to
its 7.89 percent close on Monday. The yield had hit a ses-
sion high of 7.91 earlier in the day.
DAILY REPORT
26th
AUG. 2015
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
S T O
PERFORMANCE UPDATES
Date Commodity/ Currency
Pairs Contract Strategy Entry Level Target Stop Loss Remark
25/08/15 NCDEX DHANIYA SEPT. BUY 10860 10890-10940 10830 BOOKED FULL PROFIT
25/08/15 NCDEX DHANIYA SEPT. SELL 10550 10520-10470 10580 NOT EXECUTED
25/08/15 NCDEX GUARGUM OCT. BUY 8850 8900-8970 8790 SL TRIGGERED
25/08/15 NCDEX GUARGUM OCT. SELL 8610 8560-8490 8670 NOT EXECUTED
25/08/15 MCX GOLD OCT. BUY 27600 27680-27770 27500 NOT EXECUTED
25/08/15 MCX GOLD OCT. SELL 27300 27220-27130 27400 BOOKED FULL PROFIT
25/08/15 MCX SILVER SEPT. BUY 35600 35800-36100 35300 NOT EXECUTED
25/08/15 MCX SILVER SEPT. SELL 35200 35000-34700 35500 BOOKED FULL PROFIT
25/08/15 USD/INR AUG. BUY 66.82 66.95-67.10 66.62 NOT EXECUTED
25/08/15 USD/INR AUG. SELL 66.64 66.51-66.36 66.84 BOOKED FULL PROFIT
25/08/15 EUR/INR AUG. BUY 76.8 76.95-77.15 76.60 BOOKED FULL PROFIT
25/08/15 EUR/INR AUG. SELL 76.30 76.15-75.95 76.50 BOOKED FULL PROFIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
25/08/15 NIFTY FUTURE SELL 7870 7790-7700 8000 BOOKED FULL PROFIT
25/08/15 ACC FUTURE BUY 1347-1352 1365-1380 1330 SL TRIGGERED
25/08/15 KSCL FUTURE SELL 416 412-407 421.5 BOOKED FULL PROFIT
25/08/15 ITC CASH BUY 317-318 321-324 314 SL TRIGGERED
DAILY REPORT
26th
AUG. 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, AUG. 17
8:30 AM EMPIRE STATE INDEX AUG. -- 3.9
10 AM HOME BUILDERS' INDEX AUG. -- 60
TUESDAY, AUG. 18
8:30 AM HOUSING STARTS JULY 1.24 MLN 1.174 MLN
8:30 AM BUILDING PERMITS JULY -- 1.337 MLN
WEDNESDAY, AUG. 19
8:30 AM CONSUMER PRICE INDEX JULY 0.1% 0.3%
8:30 AM CORE CPI JULY 0.2% 0.2%
2 PM FOMC MINUTES JULY 28-
29
THURSDAY, AUG. 20
8:30 AM WEEKLY JOBLESS CLAIMS AUG. 15 N/A N/A
10 AM PHILLY FED AUG. -- 5.7
10 AM EXISTING HOME SALES JULY 5.40 MLN 5.49 MLN
10 AM LEADING INDICATORS JULY -- 0.6%
FRIDAY, AUG. 21
NONE SCHEDULED