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DAILY REPORT

28th NOVEMBER. 2013

Global markets at a glance The Dow Jones industrial average DJI rose 24.53 points or 0.15 percent, to end at 16,097.33, a record closing high. The S&P 500 .SPX gained 4.48 points or 0.25 percent, to finish at 1,807.23, a record closing high. The Nasdaq Composite .IXIC added 27.001 points or 0.67 percent, to close at 4,044.75. Japanese stocks charged towards a 5-1/2 year peak on Thursday after the yen fell sharply on the back of relatively positive U.S. economic data, while other regional share markets edged modestly higher. As the yen tumbled, Tokyo's Nikkei benchmark. N225 climbed 1.3 to 15,646.94, closing in on a 5-1/2 year peak of 15,942.60 reached in May.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.2 percent, though it faced resistance at its 50-day moving average. Wall Street Update The Dow and the S&P 500 closed at record highs on Wednesday, led by Hewlett-Packard's jump a day after the personal computer maker's earnings, while the Nasdaq finished at a 13-year high. Previous day Roundup The benchmark Sensex yesterday ended flat with a marginal 4.76-point drop as caution prevailed ahead of the expiry of November derivatives contracts today and GDP and fiscal deficit data due on Friday. The Nifty pared intraday losses and moved in the positive terrain led by gains in FMCG, auto and oil & gas sectors and then volatile trading session went on a flat note. The Sensex ends down 4.76 points at 20420.26, and the Nifty closes at 6057, down 2.00 points. About 1120 shares advanced, 1329 shares declined, and 156 shares are unchanged. Index stats The Bankex and Bank Nifty both declined 0.09% respectively. Among the sartorial indices most of the sectors were up; Capital Goods [up 20.32pts], Oil & Gas [up 8.07pts], FMCG [up 66.50pts], AUTO [up 118.13pts], PSU [up 1.15pts], Consumer Durables [up 76.62pts], Metals [up 34.52pts], the index slipped were; Realty [down 10.21pts], TECK [down 30.43pts], IT [down 54.85pts], Power [down 14.13pts], and Healthcare [down 45.61pts].

World Indices
Index DJl S&P 500 NASDAQ EURO STO FTSE 100 Nikkei 225 Hong Kong Value 16,097.33 1,807.23 4,044.75 3082.65 6,649.47 15,631.35 23,952.82
CMP Change

% Change +0.15 +0.25 +0.67 +0.65 +0.20 +1.18 +0.62


% Chg

Top Gainers
Company

TATAMOTORS BPCL GRASIM ULTRACEMCO AXISBANK

399.25 331.00 2,580.05 1,874.90 1,127.90


CMP

9.00 6.15 37.70 21.40 11.80


Change

+2.31 +1.89 +1.48 +1.15 +1.06


% Chg

Top Losers
Company

JPASSOCIAT POWERGRID BHARTIARTL DLF NTPC

46.05 92.20 322.00 147.35 146.65


Prev. Close

1.45 2.05 5.05 2.15 2.10


Change

-3.05 -2.18 -1.54 -1.44 -1.41


%Chg

Stocks at 52 Weeks high


Symbol

AUROPHARMA BATAINDIA BIOCON DICIND EICHERMOT


Symbol

288.35 1,077.00 386.10 353.10 4,490.00


Prev. Close

3.35 15.35 13.90 14.20 164.90


Change

-1.15 +1.45 +3.73 +4.19 +3.81


%Chg

Stocks at 52 Weeks Low


ESSARPORTS FLFL 56.55 56.00
CMP

0.40 2.55
Change

0.71 -4.36
% Chg

Indian Indices
Company NIFTY SENSEX

6,057.10 20,420.26

-2.00 -4.76

-0.03 -0.02

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DAILY REPORT
28th NOVEMBER. 2013

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE] 1. UPL LTD.

STOCK RECOMMENDATION [CASH] 1. CEAT LTD

UPL LTD FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 170, We advise buying above 170 levels with strict stop loss of 165 for the targets of 175-180 levels. 2. VOLTAS

CEAT LTD is looking strong on charts. We advise buying above 281 levels with strict stop loss of 275 for the targets of 287-292 levels.

VOLTAS FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 100, We advise buying above 100 levels with strict stop loss of 97 for the targets of 103-105 levels. YOUR MINTVISORY

MACRO NEWS Premiere stock exchange BSE will launch its platform for trading in currency and Interest Rate derivatives from Friday 29 November 2013., making it the fourth bourse in the country to offer such trades. The currency futures trading would be commenced on the contracts on US Dollar-Indian Rupee, Euro- Indian Rupee, British PoundIndian Rupee and Japanese Yen- Indian Rupee. Currency Options trading shall be commenced on the contracts on US Dollar-Indian Rupee, Wockhardt Ltd delays in new launch approvals after a second plant operated by the generic drug-maker was hit by the U.S. Food and Drug Administration's "import alert", effectively a ban. U.S. Weekly jobless claims for unemployment benefits unexpectedly fell in the latest week, a sign of steady improvement in the labor market. Analysts were expecting an increase in claims. Espirito Santo, Dabur's Burmans plan to launch PE fund ICICI Venture may sell its 67% in Medica Synergie to Quadria Capital for 160 crore

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DAILY REPORT
28th 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 6,000 6,100 6,050 10,800 2,600 1,750 840 390 Strike Price 6,100 6,200 6,000 11,000 1,800 840 2,700 400 150 LTP Traded Volume (Contracts) 7,66,424 5,81,322 2,63,350 40,584 9,879 9,829 3,550 3,341 Traded Volume (Contracts) 9,47,675 4,32,619 2,97,247 59,404 19,909 3,802 13,960 5,769 3,293 Open Interest 68,40,900 32,95,500 21,67,550 2,00,250 2,65,625 5,08,625 3,51,750 10,25,000 Open Interest 62,17,650 62,97,850 14,95,200 3,02,025 7,15,750 3,58,250 3,43,500 14,75,000 18,87,000

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

4.10 35.55 12.05 27.00 10.55 6.55 5.00 0.55 LTP

STOCKS IN NEWS Maruti to recall 1492 vehicles comprising of Ertiga, Swift, Dzire & A-Star models. Tata Power's generation increases 62 per cent in first half of 2013-14. Biocon gets DCGI nod to market biosimilar trastuzumab in India. Deloitte may submit report on CIL restructuring by next month. Tata Group withdraws application for banking license NIFTY FUTURE

MOST ACTIVE CALL OPTION

NIFTY NIFTY NIFTY BANKNIFTY SBIN RELIANCE MCDOWELL-N TATAMOTORS DLF

10.90 0.65 75.00 45.00 3.35 5.20 11.00 3.40 0.85

Nifty Future closed in the green in the last trading session. We advise buying around 6040-6060 with strict stop loss of 6020 for the targets of 6090-6125.

FII DERIVATIVES STATISTICS


BUY SELL OPEN INTEREST AT THE END OF THE DAY Amount in Crores 16859.70 56884.36 32844.25 2102.10 TOTAL NET AMOUNT -7.46 -241.38 -97.70 9.52 -337.02 No. of Amount in No. of Amount in No. of Contracts Crores Contracts Crores Contracts INDEX FUTURES INDEX OPTIONS STOCK FUTURES STOCK OPTIONS 121760 627099 297126 44273 3632.69 18711.69 8203.12 1257.23 121968 632879 303946 44385 3640.15 18953.07 8300.82 1247.70 560030 1884293 1213231 77954

INDICES
NIFTY NIFTYJUNIOR BANK NIFTY YOUR MINTVISORY

S2
6010.1 11982.51 10762.53

S1
6033.6 12059.08 10830.91

PIVOT
6053.8 12125.21 10896.13

R1
6077.3 12201.78 10964.51

R2
6097.5 12267.91 11029.73

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DAILY REPORT
28th NOVEMBER. 2013

COMMODITY MCX
COMMODITY ROUNDUP U.S. light crude oil futures fell 1.5 percent to settle at $92.30 a barrel, which may translate into lower gasoline prices for consumers. Gold stabilized at about $1,237.8 an ounce, having fallen 0.4 percent in the previous session and not far from a fourmonth low of $1,227.34 touched on Monday. India gold futures remained almost steady on Wednesday tracking weak sentiments in the global market. Gold prices in the international market remained almost steady amid higher than expected US data that boosted the concerns that US Central Bank would start reducing its monetary stimulus. Gold futures for December delivery on India's Multi Commodity Exchange (MCX) was seen trading with a gain of 0.09% at Rs.30160 per 10 grams as of 16.13 IST on Wednesday. Comex gold futures for December delivery on electronic platform was seen trading with a gain of $9.2 at $1250.6 per troy ounce as of 16.43 IST on Wednesday. Indian Rupee appreciated against US Dollar by 0.38% which is likely to put further pressure on the yellow metal prices during intra-day trade. In the global market, gold tumbled 25% in 2013 and turned bearish. Investors sold their holdings from Exchange Traded Funds at a record level on concerns that US Central Bank may start tapering its monetary stimulus on improving economic conditions in the US. Holdings at SPDR Gold Trust, were unchanged at 848.91 tons on Tuesday, the least since January 2009. MCX copper for November delivery was seen trading in a narrow range since morning. Intra-day support for the prices is seen at 441 level and break out of the same may give fresh selling opportunity and then traders can wait for the target at 438 and 435.5. Resistance is seen at 446.5 level. MCX copper for November delivery was seen trading at 443.10 per kilogram as of 16.22 IST on Wednesday. MCX SILVER December contract was closed at Rs 44120 down Rs 281, or 0.63 percent. The SILVER rate touched an intraday high of Rs 44861 and an intraday low of Rs 44086. So far 14962 contracts have been traded. MCX CRUDEOIL December contract was closed at Rs 5782 down Rs 115, or 1.95 percent. The CRUDEOIL rate touched an intraday high of Rs 5890 and an intraday low of Rs 440.75. So far 64168 contracts have been traded

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY SILVER ABOVE 45200 TGTS 45400/45800 SL 45000 SELL SILVER BELOW 43950 TGTS 43750/43500 SL 44100 GOLD

TRADING STRATEGY: BUY GOLD ABOVE 30250 TGTS 30300/30380 SL 30170 SELL GOLD BELOW 29835 TGTS 29785/29720 SL 29915

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DAILY REPORT
28th NOVEMBER. 2013

NCDEX

RECOMMENDATIONS CASTORSEED

NCDEX INDICES Index Value % Change

Barley Castor Seed Chana Chilli Coriander Cotton Seed Oilcake Jeera Mustard seed Ref Soya Oil Turmeric BUY CASTORSEED(JAN) ABOVE 4410 TG 4440,4490 SL 4360 SELL CASTORSEED(JAN) BELOW 4320 TG 4290,4250 SL 4370 DHANIYA

1373 4368 3047 7582 7593 1403 1267.5 3796 724.3 5270

-0.07 +1.46 -0.62 +2.24 +0.28 +0.29 -0.69 +0.40 +0.35 -0.98

NCDEX ROUNDUP Chana prices traded higher by 0.16% to Rs 3,071 per quintal in futures market yesterday as speculators enlarged positions, supported by an improvements in demand in the spot market. However, expectations of higher output this season on favorable weather for sowing, restricted the gains. At the National Commodity and Derivatives Exchange, chana for delivery in December rose by Rs 5, or 0.16%, to Rs 3,071 per quintal with an open interest of 80,590 lots. Similarly, commodity for delivery in January traded higher by Rs 3, or 0.10%, to Rs 3,157 per quintal in 54,730 lots. speculators enlarged their positions, supported by an improvement in demand in the spot market, mainly helped chana prices to trade higher at futures trade. Some enquiries from dal mills further fuelled the uptrend. Refined soya oil prices gained 0.36% to Rs 724.40 per 10 kg in futures trade today as speculators created fresh positions, driven by good demand in the spot market in view of the ongoing marriage season. At the National Commodity and Derivatives Exchange, refined soya oil for delivery in December rose by 2.60, or 0.36%, to Rs 724.40 per 10 kg with an open interest of 79,840 lots.

BUY DHANIYA(DEC) ABOVE 7690 TG 7720,7760 SL 7640 SELL DHANIYA(DEC) BELOW 7480 TG 7450,7410 SL 7530

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DAILY REPORT
28th NOVEMBER. 2013

CURRENCY

RBI Reference Rate


Currency Rate Currency Rate

Rupee- $ Euro EUR/INR

62.3625 Yen-100 84.6755 GBP

61.4300 101.1083

CURRENCY ROUNDUP The euro hit its highest in four years against the yen and rose versus the dollar on Wednesday after German Chancellor conservatives reached a deal with the Social Democrats on forming a grand coalition. Germany's two biggest political forces clinched a deal in the early hours and a new government should be formed before year-end, triggering a relief rally for the euro. The euro was up 0.1 percent at $1.35765, having risen as high as $1.3600, its strongest since October 31. It rose as high as 138.16 yen, breaking above 138.00 yen for the first time since October 2009, with the potential to target the 2009 peak of 139.26 yen. It last traded at 137.95 yen.

SELL EUR/INR BELOW 85.20 TGTS 85.03, 84.84 SL 85.80 BUY EUR/INR ABOVE 85.68 TGTS 85.84, 86.12 SL 84.90 USD/INR

The dollar was up 0.4 percent against the yen at 101.66 yen. It hit a six-month high of 101.915 yen on Monday. However, the dollar dipped against a basket of currencies .DXY as U.S. Treasury yields fell on Tuesday. The dollar was steady at $1.3571 to the euro, having hit a fourweek low in the previous session after news that Germany's two major parties had formed a grand coalition deal. The dollar hit a six-month high against of 102.28 yen, edging closer to a 4-1/2 peak of 103.74 yen reached in May. The Indian rupee rose to a one-week high on Wednesday, helped by gains in the euro although gains remained under check as month-end dollar demand from oil companies continued to creep in at stronger rupee levels. Concerns over the expiry of the special currency swap windows opened by the central bank at the end of this month is likely to limit any sharp upside in the rupee. The concessional swap windows have attracted about $25 billion,.

SELL USD/INR BELOW 62.60TGTS 62.51, 62.36 SL 63.24 BUY USD/INR ABOVE 63.25 TGTS 63.40, 63.64 SL 62.61

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DAILY REPORT
28th NOVEMBER. 2013

CALL REPORT
PERFORMANCE UPDATES

Date
27/11/13 27/11/13 27/11/13 27/11/13 27/11/13 27/11/13 27/11/13 27/11/13 27/11/13 27/11/13 27/11/13 27/11/13

Commodity/ Currency Pairs


MCX GOLD MCX GOLD MCX SILVER MCX SILVER NCDEX CASTOR SEED NCDEX CASTOR SEED NCDEX DHANIYA NCDEX DHANIYA USD/INR USD/INR EUR/INR EUR/INR

Contract
DEC DEC. DEC DEC JAN. JAN. DEC. DEC. DEC. DEC. DEC. DEC.

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

Entry Level
30500 30040 45500 44300 4280 4350 7660 7470 62.25 62.91 84.15 85.00

Target
30600-30750 29940-29850 45700-46000 44100-43900 4250-4210 4380-4390 7690-7730 7440-7400 62.09-61.65 63.09-63.25 83.99-83.82 85.18-85.32

Stop Loss
30350 30230 45150 45650 4320 4310 7620 7510 62.85 62.20 84.85 84.35

Remark
NOT EXECUTED BOOKED FULL PROFIT NOT EXECUTED BOOKED PROFIT NOT EXECUTED BOOKED FULL PROFIT NOT EXECUTED NOT EXECUTED NOT EXECUTED NOT EXECUTED NOT EXECUTED NOT EXECUTED

Date

Scrip

CASH/ FUTURE/ OPTION


FUTURE FUTURE FUTURE CASH

Strategy

Entry Level

Target

Stop Loss

Remark

27/11/13 27/11/13 27/11/13 27/11/13

NIFTY YESBANK TATA MOTORS TORRENT POWER

SELL BUY BUY BUY

6110-6130 362 388-390 123

6090-6060 369-375 395-399 126-129

6155 355 384 120

NOT EXECUTED SL TRIGGERED BOOKED FULL PROFIT BOOKED FULL PROFIT

US ECONOMIC REPORT
TIME (ET) REPORT PERIOD ACTUAL CONSENSUSFORECAST PREVIOUS

THURSDAY, NOV. 28
THANKSGIVING DAY NONE SCHEDULED

FRIDAY, NOV. 29
NONE SCHEDULED

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