DAILY REPORT

12th NOVEMBER. 2013

Global markets at a glance Signs of solid U.S. growth supported world equities on Monday though concern it may mean the Federal Reserve could soon begin to reduce its stimulus put pressure on emerging market The euro market is focused on GDP data later this week for the 17-nation bloc and from major European countries. The better growth outlook implied by the jobs report lifted European shares .FTEU3 in early trading, and boosted Japan's Nikkei by a hefty 1.3 percent .N225. MSCI's global barometer of world shares .MIWD00000PUS added 0.15 percent. European shares edged higher in early trading on Monday, with investors betting that the growing pace of U.S. economic recovery will offset any negative impact of the Federal Reserve's likely move to cut stimulus. Wall Street Update US stocks edged up on Monday, lifting the Dow to another record closing high in light volume on Veterans Day while investors turned their focus to how soon the Federal Reserve may begin reducing stimulus. Although stocks closed higher on Friday, a robust October jobs report rekindled expectations that the Fed may reduce its stimulus efforts sooner than expected Previous day Roundup The S&P BSE Sensex extended losses and provisionally ended at 20,502, down 163 points or 0.8%, weighed by sharp depreciation in the Indian rupee, a high of 20,672.53 and a low of 20,453.15 in trade yesterday. The 50-share index ended at 6078.80, down 61 points or 1.01%. It touched a high of 6,141.65 and a low of 6,067.75 in early trade yesterday. About 1036 shares have advanced, 1338 shares declined, and 147 shares are unchanged. Index stats The Bankex and Bank Nifty both declined 1.42% respectively. All the sectors declined Consumer Durables [down 65.61pts], Capital Goods [down 221.60pts], AUTO [down 154.88pts], FMCG [down 81.56pts], Oil & Gas [down 122.15pts], PSU [down 102.53pts], IT [down 13.72pts], Power [down 24.89], Realty [down 37.81pts], Metals [down 115.79pts] except TECK [up 4.03pts], Healthcare [up 38.30pts].

World Indices
Index DJl S&P 500 NASDAQ EURO STO FTSE 100 Nikkei 225 Hong Kong Value 15,789.10 1,771.89 3,919.79 3,052.83 6,728.37 14,526.62 22,976.46
CMP Change

% Change +0.14 +0.07 +0.01 +0.59 +0.30 +1.80 -0.40

% Chg

Top Gainers
Company

DRREDDY CAIRN TATASTEEL MARUTI HDFCBANK

2,470.00 318.00 360.75 1,588.45 655.65

CMP

+67.70 +6.95 +5.00 +7.90 +3.15

Change

+2.82 +2.23 +1.41 +0.50 +0.48

% Chg

Top Losers
Company

HINDALCO AXISBANK ACC INDUSINDBK NMDC

Symbol

111.00 1,075.40 1,048.80 412.85 132.00

Prev. Close

5.50 43.80 40.85 15.60 4.85

Change

-4.72 -3.91 -3.75 -3.64 -3.54

%Chg

Stocks at 52 Weeks high

APLLTD BIOCON CEATLTD HEXAWARE JKTYRE 214.60 372.25 245.35 129.55 135.40
Prev. Close

10.15 0.25 7.50 4.65 1.40

Change

+4.96 -0.07 +3.15 -3.46 +1.04

%Chg

Stocks at 52 Weeks Low

Symbol

DEN OMAXE

140.50 120.25
CMP

3.05 30.65
Change

-2.12 -20.26
% Chg

Indian Indices
Company NIFTY SENSEX

6,078.80 20,490.96

-61.95 -175.19

-1.01 -0.85

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DAILY REPORT
12th NOVEMBER. 2013

EQUITY CASH & FUTURE

STOCK RECOMMENDATION [CASH] 1. TATA COMMUNICATIONS

STOCK RECOMMENDATIONS [FUTURE] 1. ZEE

ZEE FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 285, We advise buying above 285 levels with strict stop loss of 280 for the targets of 290-295 levels. 2. HINDALCO

TATA COMMUNICATION is looking strong on charts. We advice buying above 290 levels with strict stop loss of 282 for the targets of 298-305 levels.

HINDALCO FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it continues to sustain below 112, We advise selling below 112 levels with strict stop loss of 115 for the targets of 109-105 levels.

MACRO NEWS State-run Steel Authority of India's (SAIL) second quarter (July-September) net profit more than doubled to Rs 1,180 crore from Rs 543 crore in a year ago period, driven by one-time gain of Rs 1,056 crore. The trade deficit for the month of October rose to $10.5 bn as against $6.7 bn, up 56.2% MoM. While imports rose to $37.8 bn vs $34.4 bn, exports declined to $27.3 bn as against $27.7 bn in the previous month. This is an increase of 9.8% for imports and a decline of 1.5% for exports on a MoM basis. The exports for the entire period from April-Oct. stood at $179.4 bn, up 6.3% YoY. Imports stood at $270.06 bn, down 3.8% YoY. The oil imports for Oct. were reported at $15.5 bn. The gold and silver imports increased to $13.7 bn vs $6.8 bn YoY. Oct. gold & silver imports stood at $1.4 bn, down 101.4% YoY Banks borrowed Rs 19400 crore under MSF on Nov 8.
EVENTS TODAY- INDIAN CPI INFLATION AT 12:00 PM, MANUFACTURING OUTPUT AT 5:30 PM, INDUSTRIAL PRODUCTION (IIP) DATA AT 5:30 PM.

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DAILY REPORT
12th NOVEMBER. 2013

FUTURE & OPTION

MOST ACTIVE PUT OPTION

Symbol Option Type PE PE PE PE PE PE PE PE Option Type CE CE CE CE CE CE CE CE CE Strike Price 6,100 6,000 LTP Traded Volume (Contracts) 2,98,086 2,40,558 1,44,379 27,601 3,080 2,303 1,522 1,394 Traded Volume (Contracts) 3,28,687 2,92,182 1,88,550 23,221 7,336 3,877 4,411 3,110 6,036 Open Interest 39,66,850 48,48,000 35,50,650 1,49,250 1,47,750 1,77,750 2,63,750 1,34,250 Open Interest 39,66,500 52,91,200 40,92,550 2,76,225 4,11,500 7,79,500 25,30,000 1,71,750 4,11,500

NIFTY NIFTY NIFTY BANK NIFTY SBIN MCDOWELL-N RELIANCE AXISBANK Symbol

77.35 45.05

6,200 125.10 10,500 148.00 1,700 2,300 880 1,100 Strike Price 6,200 6,300 6,400 11,500 1,800 900 400 2,500 1,900 88.30 51.40 22.00 48.25 LTP

STOCKS IN NEWS Unfair trade practices: 7 Coal India related cases before CCI. SC rejects Essar Oil's plea to extend time to pay tax dues Indian Hotels abandons $1.2 bln bid for OrientExpress. Alstom bags Rs 100 cr contracts from Power Grid.

NIFTY FUTURE

MOST ACTIVE CALL OPTION

NIFTY NIFTY NIFTY BANKNIFTY SBIN RELIANCE TATAMOTORS MCDOWELL-N SBIN

61.00 29.15 12.30 75.00 36.40 9.50 5.30 38.00 15.50

Nifty Future closed in the red in the last trading session. We advise selling around 6150-6180 with strict stop loss of 6210 for the targets of 6120-6080 levels.

FII DERIVATIVES STATISTICS

BUY SELL OPEN INTEREST AT THE END OF THE DAY Amount in Crores 14245.64 47532.03 28138.79 1325.69 TOTAL NET AMOUNT -530.57 484.72 -207.82 -16.88 -270.55 No. of Amount in No. of Amount in No. of Contracts Crores Contracts Crores Contracts INDEX FUTURES INDEX OPTIONS STOCK FUTURES STOCK OPTIONS 67221 452741 63027 44524 2029.10 13694.44 1757.45 1210.83 84491 436015 73083 45372 2559.67 13209.72 1965.27 1227.71 471217 1567009 1054804 50749

INDICES
NIFTY NIFTYJUNIOR BANK NIFTY YOUR MINTVISORY

S2
6022.16 11858.96 10525.15

S1
6050.48 11922.83 10641.8

PIVOT
6096.06 12032.91 10791.15

R1
6124.38 12096.78 10907.8

R2
6169.96 12206.86 11057.15

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DAILY REPORT
12th NOVEMBER. 2013

COMMODITY MCX
COMMODITY ROUNDUP Gold slipped 0.4 percent to about $1,282 an ounce, adding to Friday's 1.5 percent decline and languishing near a threeweek low as expectations the Fed could soon trim its support for the economy would also reduce inflation risk. India crude oil imports during October, 2013 valued at US $ 15217.6 mn which was 1.7% higher than oil imports valued at US $ 14957.7 mn in the corresponding period last year. Oil imports during April-October, 2013-14 were valued at US $ 98093.7 mn which was 3.3 percent higher than the oil imports of US $ 94969.2 mn during the same period last year. Non-oil imports during October, 2013 were estimated at US $ 22609.4 mn which was 22.80 per cent lower than non-oil imports of US $ 29286.1 mn in October, 2012. Brent crude oil rose 0.25 percent to around $105.40 a barrel after Iran and six world powers failed to reach a deal on Tehran's nuclear program, and after Chinese data pointed to a rise in fuel demand in the world's biggest energy consumer. Oil prices built on Friday's 1.6 percent rise when they rebounded from a four-month trough. India copper futures edged up on Monday and was seen trading on a positive bias. Firm China data released on Saturday and firm US data released last week may have supported the base metal to certain extent. Copper futures for November delivery on India's Multi Commodity Exchange was seen trading with a gain of 0.48% at Rs.459.20 per kilogram as of 14.57 IST on Monday. Weakness in Indian Rupee may have supported the base metal futures to certain extent on Monday. Lead futures prices rose marginally by 0.07% in the afternoon trade yesterday to trade at Rs 135.50 per kg on rising demand in spot markets and positive cues from global markets. At the MCX lead for delivery in November traded 10 paise, or 0.07%, higher at Rs 135.50 per kg, with a turnover of 1,229 lots. zinc futures prices rose marginally by 0.08% to Rs 120 per kg today as speculators enlarged positions. At the MCX zinc for delivery in November edged up by 10 paise, or 0.08%, to Rs 120 per kg, with a business turnover of 413 lots.

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY SILVER ABOVE 48480 TGTS 48680 /48880 SL 48180 SELL SILVER BELOW 48240 TGTS 48040/47840 SL 48540 GOLD

TRADING STRATEGY: BUY GOLD ABOVE 30300 TGTS 30380 /30480 SL 30200 SELL GOLD BELOW 29840 TGTS 29760 / 29660 SL 29940 YOUR MINTVISORY

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DAILY REPORT
12th NOVEMBER. 2013

NCDEX
NCDEX INDICES Index Value % Change

RECOMMENDATIONS CASTORSEED

Barley Castor Seed Chana Chilli Coriander Cotton Seed Oilcake Jeera Mustard seed Ref Soya Oil Turmeric

1272 3728 2980 6380 6720 1509 11975 3665 728.9 4500

-0.39 +3.99 -0.63 +2.05 -0.83 +0.94 -1.34 -2.06 +0.46 -2.34

SELL CASTORSEED JAN BELOW 4000 TG 3975,3935 SL 4040 BUY CASTORSEED JAN ABOVE 4110 TG 4135,4175 SL 4070 DHANIYA

NCDEX ROUNDUP Soyameal exports have jumped nearly four-fold at 1.94 lakh tonnes (LT) in October as crushing operations of soyabean started early in the current marketing year, according to industry data. India exported 34.73 LT of soyameal in 201213 marketing year (October-September). On a financial year basis, soyameal exports rose by 21% during April 2013 to October 2013 is 10.71 LT as compared to 8.88 LT in the same period of previous year. Coriander futures prices fell by 1.51% to Rs 6,958 per quintal in futures trade yesterday as speculators booked profits at existing higher levels on weakening spot market trend. At MCX, coriander for delivery in Dec. fell by Rs 107, or 1.51%, to Rs 6,958 per quintal with an open interest of 23,380 lots. The spice of Nov. delivery declined by Rs 86, or 1.27%, to Rs 6,690 per quintal with an open interest of 3,470 lots. Sluggish demand in the spot market led to the fall in coriander futures prices. Cardamom prices were up by 0.53% to Rs 735 per kg in futures trade yesterday. Besides, tight stocks position in the spot market following lower arrivals from producing regions also influenced prices. At MCX cardamom for delivery in Nov. rose by Rs 3.90, or 0.53%, to Rs 735 per kg, with a business turnover of 12 lots. The spice for delivery in Dec. increased by Rs 3.60, or 0.49%, to Rs 737 per kg with a trading volume of 309 lots. Firm demand in the physical market against restricted arrivals from producing belts mainly influenced cardamom prices. Call us at +91-731-6642300

SELL DHANIYA DEC BELOW 6920 TG 6890,6850 SL 6960 BUY DHANIYA DEC BELOW 7050 TG 7080,7120 SL 7010

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DAILY REPORT
12th NOVEMBER. 2013

CURRENCY

RBI Reference Rate

Currency Rate Currency Rate

Rupee- $ Euro EUR/INR

63.2955 Yen-100 84.5950 GBP

63.9700 101.3614

CURRENCY ROUNDUP The rupee breached 63 per dollar for the first time since September 30. The Indian currency had slipped in the early trade against the dollar. It opened lower by 42 paisa at 62.99 per dollar compared to Friday's close of 62.47. Sharp depreciation had been seen in the Indian rupee against the US dollar. Indian Rupee was seen touching 63.32 against US Dollar, a depreciation of 0.05% as of 15.16 IST on Monday. Dollar/rupee rises to 63.42/44 from its previous close of 62.475/485, after earlier hitting a session high of 63.50, its highest since Sept. 17. Dollar/rupee gains tracking weaker local shares and reflecting demand from state-run oil companies. The dollar held near a two-week high after surprisingly strong U.S. jobs data on Friday raised expectations that the Fed could start tapering stimulus earlier than previously anticipated, pushing U.S. Treasury yields higher. Sterling dipped against the euro on Monday, pulling away from a 10-month high, as investors kept to the sidelines before this week's Bank of England quarterly inflation report and jobs data. The Reserve Bank of India's net sales in the spot foreign exchange market rose to $3.55 billion in September from $2.46 billion in August. The Reserve Bank of India said on Monday it accepted both bids for 300 million rupees at its one-day reverse repo auction, through which it absorbs excess liquidity from the banking system. Indian banks' refinancing with RBI falls to 335.80 billion rupees. Indian banks' cash balances with RBI rise to 3.17 trillion rupees. The Reserve Bank of India will sell 120 billion rupees ($1.92 billion) of treasury bills on Nov. 13, which includes 60 billion rupees each of 91-day and 364-day t-bills. The Reserve Bank of India will sell 150 billion rupees ($2.4 billion) of government bonds on Nov. 15.

EUR/INR has closed @85.2675. If it sustains above the level of 85.40, it can touch the level of 85.52 & 85.70. If it breaks the level of 84.50 it can touch the level of 84.28 & 84.05. JPY/INR

JPY/INR has closed @64.2175. If it sustains above the level of 64.55, it can touch the level of 64.67 & 65.03. If it breaks the level of 63.85 it can touch the level of 63.68 & 63.45.

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DAILY REPORT
12th NOVEMBER. 2013

CALL REPORT
PERFORMANCE UPDATES

Date 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 11/11/13 08/11/13 TIME (ET) 7;:30 AM 2 PM 8:30 AM 8:30 AM 8:30 AM 8:30 AM 8:30 AM 9:15 AM 9:15 AM 10 AM

Commodity/ Currency Pairs MCX GOLD MCX GOLD MCX SILVER MCX SILVER NCDEX CHANA NCDEX CHANA NCDEX DHANIYA NCDEX DHANIYA USD/INR USD/INR EUR/INR EUR/INR EUR/INR NIFTY ARVIND TATA MOTORS SPARC INFO EDGE INDIA REPORT NFIB SMALL BUSINESS INDEX FEDERAL BUDGET WEEKLY JOBLESS CLAIMS TRADE DEFICIT PRODUCTIVITY EMPIRE STATE INDEX IMPORT PRICE INDEX INDUSTRIAL PRODUCTION CAPACITY UTILIZATION WHOLESALE INVENTORIES

Contract DEC DEC. DEC DEC NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. FUTURE FUTURE FUTURE CASH CASH

Strategy BUY SELL BUY SELL SELL BUY BUY SELL SELL BUY SELL BUY SELL SELL BUY BUY BUY BUY

Entry Level 29950 29600 48920 47950 3000 3080 6950 6860 62.90 63.15 84.30 84.70 84.30 6200-6220 115 390 150 420-430

Target 30030-30130 29520-29420 49120-49320 47750-47550 2975-2935 3105-3145 6980-7020 6830-6790 62.75-62.55 63.30-63.42 84.16-83.99 84.91-85.05 84.16-83.99 6170-6150 118-120 400-410 160-168 455-475

Stop Loss 29850 29700 48620 48250 3040 3040 6905 6905

Remark NOT EXECUTED BOOKED PROFIT NOT EXECUTED BOOKED PROFIT NO PROFIT NO LOSS NOT EXECUTED NOT EXECUTED BOOKED PROFIT NOT EXECUTED BOOKED FULL PROFIT NOT EXECUTED BOOKED FULL PROFIT NOT EXECUTED BOOKED PROFIT BOOKED PROFIT NOT EXECUTED CALL OPEN CALL OPEN PREVIOUS 93.9 -$120 BLN 336,000 -$38.8 BLN 2.3% 1.5 0.2% 0.6% 78.3% 0.5%

6250 112 380 140 400

US ECONOMIC REPORT PERIOD ACTUAL TUESDAY, OCT. 12 OCT. WEDNESDAY, OCT. 13 OCT. THURSDAY, OCT. 14 11/2 SEPT. 3Q FRIDAY, NOV. 15 NOV. OCT. OCT. OCT. SEPT. CONSENSUSFORECAST ----$39.1 BLN 1.7% 3.8 -0.4% 0.1% 78.3% --

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