DAILY REPORT

17th SEPT. 2013

YOUR MINTVISORY Call us at +91-731-6642300

Global markets at a glance

Asian markets closed with healthy gains. Stocks in Hong

Kong advanced 1.5%, while Korea rose 1% and Singapore

climbed 1.8%. Emerging markets in the region were even

stronger, with Philippines shares surging 2.8% and Indone-

sian stocks up 2.6%.

The Tokyo Stock Exchange was closed for a holiday. At the

same time, the U.S. dollar was weaker against most major

currencies.

Markets in Europe followed the upbeat trend, with Ger-

man stocks rising 1% and France 0.8% higher in morning

trading. U.S. futures pointed to a strong open. European

stocks rose to five-year highs on Monday in a broad-based

rally.

Wall Street Update

Wall Street up on Summers' withdrawal; Obama curbs

gains. Global markets soared on news that Larry Summers

has pulled out of the running to be considered for Fed

chairman. Tomi Kilgore has details. The Dow industrials

made a triple-digit advance Monday

Previous day Roundup

Both the Sensex and Nifty started the session on a strong

note markets but gave up all those gains later as August

WPI inflation jumped too 6-month high. The Sensex closed

up 9.71pts or 0.05% at 19742.47, and the Nifty ended

15.55pts down or 0.27% at 5835.05. About 1103 shares

advanced, 1232 declined, and 132 shares were unchanged.

Index stats

Bank Nifty & Bankex both gained 1.85% & 1.86% respec-

tively in yesterday’s session; Consumer Durables [down

25.74pts], IT [down 144.53pts], Capital Goods [down

80.76pts], Oil & Gas [down 31.50pts], Power [down

5.77pts] REALTY [down 25.87 pts], TECK [down 54.76pts],

went down whereas Metals [up pts], AUTO [up 41.90pts],

Healthcare [up 231.96pts], PSU [up 6.86pts], FMCG [up

25.43pts] traded upward.

World Indices

Index Value % Change

D J l 15,494.78 +0.77

S&P 500 1,697.60 +0.57

NASDAQ 3,717.85 -0.12

EURO STO 2,894.64 +0.96

FTSE 100 6,622.86 +0.59

Nikkei 225 14,426.44 +0.15

Hong Kong 23,190.36 -0.27

Top Gainers

Company CMP Change % Chg

BPCL 317.00 +11.85 +3.88

INDUSINDBK 415.10 +15.00 +3.75

MARUTI 1,362.00 +46.10 +3.50

ICICIBANK 970.00 +28.05 +2.98

BHARTIARTL 335.10 +9.35 +2.87

Top Losers

Company CMP Change % Chg

RANBAXY 319.90 -137.30 -30.03

BHEL 135.55 -7.30 -5.11

HCLTECH 994.00 -51.75 -4.95

ULTRACEMCO 1,650.00 -70.85 -4.12

SESAGOA 176.65 -7.25 -3.94

Stocks at 52 Week’s high

Symbol Prev. Close Change %Chg

CIPLA 431.05 -10.50 -2.38

DENSO 114.00 +0.65 +0.57

GALLISPAT 174.80 +15.15 +9.49

MINDTREE 1,064.00 -8.10 -0.76

SUNPHARMA 563.20 -0.55 -0.10

Top Losers

Company CMP Change % Chg

NIFTY 5,840.55 -10.05 -0.17

SENSEX 19,742.47 +9.71 +0.05

Stocks at 52 Week’s Low

Symbol Prev. Close Change %Chg

FIRSTLEASE 26.70 -6.65 -19.94

SHRIRAMEPC 33.50 -1.45 -4.15

DAILY REPORT

17th SEPT. 2013

YOUR MINTVISORY Call us at +91-731-6642300

STOCK RECOMMENDATIONS [FUTURE] 1. INFOSYS

INFOSYS is looking weak on charts, short build up has been

seen, we may see more downside, if it continues to sustain

below 3000. We advise selling below 3000 levels with strict

stop loss of 3045 for the targets of 2960-2925 levels.

2. HCL TECH

HCL TECH is looking weak on charts, short build up has

been seen, we may see more downside, if it continues to

sustain below 1000. We advise selling around 1000-1010

levels with strict stop loss of 1025 for the targets of 985-960

levels.

STOCK RECOMMENDATION [CASH] 1. RUBI MILLS

RUBI MILLS is looking strong on charts . We advise buying

above 185 with strict stop loss of 180 for the targets of 188

-194 levels.

MACRO NEWS Inflation (Wholesale Price Index) rose to 6.10 % in the

month of August from 5.79 % in the previous month,

dragged by massive rise in prices of food articles. Food

inflation surged 18.1%, the fastest pace in three years.

The Fed meets on Tuesday & Wednesday, and many

strategists expect the US central bank to begin paring

back its USD 85 billion monthly bond buying.

EQUITY CASH & FUTURE

CORPORATE ACTION TODAY

SCRIP ACTION Rs. Per Share

COSMOFILMS DIVIDEND 2.5

ONGC DIVIDEND 0.5

AMARJOTHI DIVIDEND 1.8

AJANTPHARM BONUS 1:2

AMDIND DIVIDEND 0.9

CENTURYPLY DIVIDEND 0.25

MIRZAINT DIVIDEND 0.5

SUPREMEINF DIVIDEND 2

ARVINDREM DIVIDEND 0.8

ACCELYA DIVIDEND 40

BGRENERGY DIVIDEND 7

MANGCHEFER DIVIDEND 1.2

DAILY REPORT

17th SEPT. 2013

YOUR MINTVISORY Call us at +91-731-6642300

FUTURE & OPTION

MOST ACTIVE PUT OPTION

Symbol Option

Type

Strike

Price

LTP Traded

Volume

(Contracts)

Open

Interest

NIFTY PE 5,800 91.95 4,52,525 42,46,100

NIFTY PE 5,700 62.15 3,63,088 38,45,550

NIFTY PE 5,900 134.85 3,00,839 28,88,450

BANK NIFTY PE 9,500 70.00 22,870 2,29,850

SBIN PE 1,600 34.45 3,775 2,56,750

AXISBANK PE 1000 22.55 2,717 4,36,500

RELIANCE PE 860 21.05 2,858 2,29,000

Ranbaxy PE 300 21.00 3,064 4,20,500

MOST ACTIVE CALL OPTION

Symbol Option

Type

Strike

Price

LTP Traded

Volume

(Contracts)

Open

Interest

NIFTY CE 6,000 52.50 4,95,396 47,74,850

NIFTY CE 6,100 25.50 4,03,660 37,31,800

NIFTY CE 5,900 93.50 2,85,029 38,22,800

BANKNIFTY CE 11,000 104.00 24,005 1,73,800

SBIN CE 1,700 41.35 7,751 3,38,500

RELIANCE CE 900 10.05 4,528 7,77,750

DLF CE 160 5.45 2,719 9,36,000

JPASSOCIAT CE 45 0.65 4,721 82,76,000

AXISBANK CE 1,100 1,100 41.00 2,31,250

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 93535 2701.91 94199 2748.34 453638 13029.57 -46.43

INDEX OPTIONS 869988 25027.52 878656 25222.94 2380820 69313.68 -195.43

STOCK FUTURES 93164 2381.78 99310 2624.53 1036484 28264.60 -242.75

STOCK OPTIONS 35828 915.96 35676 915.56 66667 1806.67 0.40

TOTAL -484.21

INDICES S2 S1 PIVOT R1 R2

NIFTY 5706.21 5773.38 5865.31 5932.48 6024.41

NIFTYJUNIOR 10870.28 10971.76 11109.48 11210.96 11348.68

STOCKS IN NEWS L&T Construction gets Rs 1,793 crore orders across

various business segments.

U.S. Bans Import of Generic Drugs From Indian

Plant of Ranbaxy.

HCL Infosystems has confirmed the companies are

collaborating, but it denied market buzz of a possi-

ble merger.

NIFTY FUTURE

Nifty Future as expected closed in the green but facing

strong resistance near 6000. We advise selling around

5880-5900 with strict stop loss of 5950 for the targets

of 5850-5820 levels.

DAILY REPORT

17th SEPT. 2013

YOUR MINTVISORY Call us at +91-731-6642300

RECOMMENDATIONS

SILVER

TRADING STRATEGY: SELL SILVER DEC BELOW 49700 TG 49400,49100 SL 50180 BUY SILVER DEC ABOVE 50250 TG 50550, 50850 SL 49800

GOLD

TRADING STRATEGY: BUY GOLD OCT ABOVE 29850TGTS 29950/30050 SL 29600 SELL GOLD OCT BELOW 29650 TG 29500, 29350 SL 29850

COMMODITY ROUNDUP

Gold is glued to FOMC meet outcome on September 17th

even as recent easing of prices taking cues from external

markets. Easing of geo-political tensions and likely Fed ta-

pering have already weakened prospects for gold. Higher

equities as evidenced by rise n S&P Index, negative corre-

lation between 10 year US Treasury yields and US dollar

continue to have downward impact on Gold prices. Gold

ETP outflows have slowed recently, which could aid prices,

but any sustained support for prices from ETP flows would

have to come via further stabilization and positive momen-

tum in ETP flows. The key focus for prices will be the FOMC

meeting next week.

Strong fundamentals, deficit forecast based on Interna-

tional Lead Zinc Group (ILZG) data could push LME lead

prices to average $2350 per ton .

The strength of Indian Rupee yesterday pressurized Cop-

per by a large extent. Copper derailed in Indian markets as

Rupee moved to almost a month high against the US Dol-

lar. The decline of Gold and overall imports, in the fresh

set of data from India, provided support to the local cur-

rency. Meanwhile, LME Copper was trading in a mixed

range-bound fashion. The prices were almost static on

LME awaiting Fed meet results due this week. LME three

month prices of Copper was at $ 7054 per tonne, down $ 5

per tonne.

Crude oil futures extended losses in the electronic trades

Monday as the threat of U.S. military intervention in Syria

appeared to diminish. Crude oil fell after the U.S. and Rus-

sia agreed on a plan to eliminate Syria’s chemical weap-

ons. Light sweet crude futures for delivery in November

are trading down 80 cents at $ 106.74 per barrel on the

New York Mercantile Exchange

COMMODITY MCX

DAILY REPORT

17th SEPT. 2013

YOUR MINTVISORY Call us at +91-731-6642300

RECOMMENDATIONS CASTORSEED

SELL CASTORSEED BELOW 3640 TG 3615,3580 SL 3680 BUY CASTORSEED ABOVE 3675 TG 3650,3610 SL 3710

DHANIYA

SELL DHANIYA BELOW 5670 TG 5645,5600 SL 5710 BUY DHANIYA ABOVE 5830 TG 5855,5890 SL 5790

NCDEX ROUNDUP

British experts will help to improve safety and building

standards in Bangladesh garment sector.

Global oil prices fell on Monday after U.S. and Russian offi-

cials reached a weekend deal to strip Syria of chemical

weapons, easing investor worries.

Spot turmeric prices continue to trade under Rs 5000 per

quintal levels. The first week of Septmber had witnessed

good gains as some delay was seen in new crop. However,

this week, the prices have yet again given up their gains

and are back to losing spree. Steady to firm arrivals had

kept a tab on turmeric prices in last few days.

Crude oil futures extended losses in the electronic trades

Monday as the threat of U.S. military intervention in Syria

appeared to diminish, easing concerns over a disruption to

supplies from the Middle East.

Russia's grain harvest increased by 4.9% on the year to

63.9 mmt as of September 05.

NCDEX

NCDEX INDICES

Index Value % Change

Castor Seed 3538 -0.92

Chana 3080 +0.06

Chilli 5012 +0.20

Coriander 5620 +0.57

Cotton Seed Oilcake 1815 +0.06

Jeera 13215 -0.17

Mustard seed 3505 +0.29

Ref Soya Oil 680.5 -0.59

Sugar M Grade 2960 -0.90

Turmeric 4640 -0.26

DAILY REPORT

17th SEPT. 2013

YOUR MINTVISORY Call us at +91-731-6642300

USD/INR

USD/INR has closed @63.1225. If it breaks the level of

62.60, it can touch the level of 62.32 & 61.96. If it sustains

above the level of 63.90, it can touch the level of 64.44 &

64.67. EUR/INR

EUR/INR has closed @84.2225. If it breaks the level of

83.55, it can touch the level of 83.12 & 82.71. If it sustains

above the level of 84.80, it can touch the level of 85.54 &

85.85.

CURRENCY ROUNDUP

Indian rupee opens yesterday at 62.80/dollar; up 69 paisa.

Rupee pared its early gains but was quoted higher by 76

paisa to 62.72 per dollar in late morning deals yesterday

on selling of the US currency by banks and exporters.

India's rupee, while up this month, continues to be one of

the world's worst performing currencies this year. Though

when last seen, Indian Rupee was trading at 62.77 against

the Dollar. After testing an all time low of 68.93 on 28 Au-

gust 2013, Rupee has gained by 8.9%.

Foreign banks will provide upfront financing for wealthy

non-resident Indian clients to entice them to place bulky

dollar deposits back home in response to India's drive for

dollar funding to defend its weak currency, sources told

Reuters. This would resurrect a practice which proved suc-

cessful in drawing in dollars from non-resident Indians

(NRIs) in 2000.

The rupee may see sharp appreciation on the back of

measures taken by the central bank and the government

as the decline was largely driven by "fear trade" The re-

sumption of foreign capital inflows could also lead to a sig-

nificant balance of payment surplus and help the rupee.

India's Cabinet Committee on Investment is expected give

clearances to major projects with investments of up to 1.6

trillion rupees at 1130 GMT.

The dollar stayed near a four-week low on Tuesday after

Lawrence Summers' withdrawal from the race to lead the

Federal Reserve reduced expectations of a faster pace of

monetary policy tightening by the U.S. central bank.

CURRENCY

RBI Reference Rate

Currency Rate Currency Rate

Rupee- $ 62.4840 Yen-100 63.2300

Euro 83.4960 GBP 99.6620

DAILY REPORT

17th SEPT. 2013

YOUR MINTVISORY Call us at +91-731-6642300

CALL REPORT

Disclaimer

US ECONOMIC REPORT

PERFORMANCE UPDATES

Date Commodity/ Currency

Pairs Contract Strategy Entry Level Target

Stop

Loss Remark

16/09/13 NCDEX CASTOR SEED SEP BUY 3735 3760-3785 3700 NOT EXECUTED

16/09/13 NCDEX CASTOR SEED SEP SELL 3685 3660-3635 3710 BOKED FULL PROFIT

16/09/13 NCDEX DHANIYA SEP BUY 5850 5875-5900 5820 NOT EXECUTED

16/09/13 NCDEX DHANIYA SEP SELL 5665 5640-5615 5690 BOOKED PROFIT

16/09/13 GBP/INR SEP SELL 100.30 99.82-99.37 BOOKED PROFIT

16/09/13 JPY/INR SEP SELL 63.50 63.18-62.80 BOOKED PROFIT

16/09/13 EUR/INR SEP BUY 101.75 102.24-102.77 NOT EXECUTED

16/09/13 GBP/INR SEP BUY 64.80 65.42-66.20 NOT EXECUTED

Date Scrip CASH/FUTURE/

OPTION Strategy Entry Level Target

Stop

Loss Remark

16/09/13 NIFTY FUTURE SELL 5920-5940 5880-5850 5960 BOOKED FULL PROFIT

16/09/13 AXISBANK FUTURE BUY 1045-1050 1065-1080 1025 BOOKED FULL PROFIT

16/09/13 PNB FUTURE BUY 510-515 525-540 500 CALL OPEN

16/09/13 KOTLE CASH BUY 70 74-78 68 SL TRIGGERED

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.

TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS

TUESDAY, SEPT. 17

8:30 AM CONSUMER PRICE INDEX AUG. 0.2% 0.2%

8:30 AM CORE CPI AUG. 0.1% 0.2%

10 AM HOME BUILDERS' INDEX SEPT. 59 59

WEDNESDAY, SEPT. 18

8:30 AM HOUSING STARTS AUG. 913,000 896,000

8:30 AM BUIILDING PERMITS AUG. 945,000 954,000

8:30 AM CURRENT ACCOUNT Q2 -- -$106 BLN

2 PM FOMC STATEMENT & PROJECTIONS

2:30 AM BERNANKE PRESS CONFERENCE

THURSDAY, SEPT. 19

8:30 AM WEEKLY JOBLESS CLAIMS 9/14 N/A N/A

10 AM EXISTING HOME SALES AUG. 5.30 5.39 MLN

10 AM PHILLY FED SEPT. 11.8 9.3

10 AM LEADING INDICATORS AUG. 0.4% 0.6%

12 noon FINANCIAL ACCOUNTS Q2