DAILY REPORT

11th DECEMBER. 2013

Global markets at a glance Asian share markets were idling through another indecisive session on Wednesday as investors booked profits on a range of once-crowded positions, sending the dollar and Wall Street lower, while lifting the euro, bonds and gold. European shares slipped on Tuesday, weighed down by major Swiss stocks as a rally in the Swiss franc raised fresh concern about the country's exports. The pan-European FTSEurofirst 300 index fell 0.7 percent to 1,262.98 points. The Dow Jones industrial average fell 52.4 points or 0.33 percent, to 15,973.13, the S&P 500 lost 5.75 points or 0.32 percent, to 1,802.62 and the Nasdaq Composite dropped 8.261 points or 0.2 percent, to 4,060.49. Wall Street Update U.S. stocks were modestly lower on Tuesday on profittaking after the S&P 500 index climbed to a record in the prior session Wall Street falls after record; Fed remains in focus. Stocks slipped on Tuesday, a day after a record close on the S&P 500, with traders looking ahead to next week's Federal Reserve meeting in the absence of market-moving economic data. Previous day Roundup The market fell half a percent on profit booking on Tuesday after a 3% rally in previous three consecutive sessions. The 50-share NSE benchmark Nifty fell 31.05 points to 6,332.85 after hitting an intraday low of 6,307.55. The 30share BSE Sensex closed at 21,255.26, down 71.16 points. The broader markets, too, declined. The BSE Midcap was down 0.3% and Small-cap lost 0.7%. It was a consolidation day for the market. Index stats The Bankex and Bank Nifty both declined 1.78% & 1.84% respectively. Among the sartorial indices most of the sectors were down; Capital Goods [down 316.20pts], Oil & Gas [down 32.77pts], AUTO [down 11.03pts], PSU [down 155.16pts], Consumer Durables [down 53.59pts], Realty [down 20.76pts], , Power [down 71.40pts] and the index gained were; FMCG [up 55.71pts], , TECK [up 70.74pts], IT [up 175.12pts], Metals [up 90.05pts], Healthcare [up 38.08pts].

World Indices
Index DJl S&P 500 NASDAQ EURO STO FTSE 100 Nikkei 225 Hong Kong Value 15,973.13 1,802.62 4,060.49 2,960.86 6,523.31 15,537.56 23,594.63
CMP Change

% Change -0.33 -0.32 -0.20 -0.93 -0.55 -0.47 -0.63

% Chg

Top Gainers
Company

TCS HEROMOTOCO SSLT LUPIN ITC

2,087 2,204 196.5 873.05 318

CMP

82.15 80.80 4.65 20.15 4.95

Change

+4.10 +3.81 +2.42 +2.36 +1.58

% Chg

Top Losers
Company

Stocks at 52 Weeks high

Symbol

NTPC LT POWERGRID ICICBANK BHEL

136 1,099.75 97.40 1,159 166.10

17.45 47.15 3.90 42.70 5.50

Change

-11.37 -4.11 -3.85 -3.55 -3.21

%Chg

Prev. Close

AMARAJABAT BHARATFORG CROMPGREAV ESCORTS HEROMOTOCO

362.9 320.55 134.85 129.5 2,204

15.05 5.60 0.35 1.40 80.80

+4.33 +1.78 -0.26 -1.07 +3.81

Stocks at 52 Weeks Low

Symbol Prev. Close Change %Chg

DSKULKARNI HERITGFOOD

48.25 171.1
CMP

1.60 0.00
Change

-3.21 0.00
% Chg

Indian Indices
Company NIFTY SENSEX

6,332.85 21,256.25

-31.05 -71.16

-0.49 -0.33

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
11th DECEMBER. 2013

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE] 1. LUPIN

STOCK RECOMMENDATION [CASH] 1. SASKEN COMMUNICATION

LUPIN FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 880, We advise buying above 880 levels with strict stop loss 870 for the targets of 890-900 levels. 2. VOLTAS

SASKEN COMMUNICATION is looking strong on charts. We advise buying above 176 levels with strict stop loss of 166 for the targets of 186-196 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 125 We advise buying around 124-125 levels with strict stop loss of 120 for the targets of 128-130 .

MACRO NEWS IOC tops Fortune India 500 list; RIL at second spot. IOC was the biggest with annual revenue of Rs 4,75,867 cr, followed by Reliance Industries (RIL) with a full-year revenue of Rs 4,09,883 cr. India exported about 12 lakh tonnes of sugar in the marketing year 2012-13. In the current marketing year, the country had exported about 1.5 lakh tonnes of sugar till October . Indias Consumer Price Index and Industrial Production Date to be announced on 12 December. Domestic cooking gas (LPG) price was today hiked by Rs 3.46 per cylinder after the government raised the commission paid to dealers by over 9 percent. Indian and Iranian officials are meeting this week to discuss how to unlock the first oil payments to Iran since the United States and other world powers eased sanctions last month in exchange for curbs to Tehran's nuclear program. Indian banks' refinancing with RBI rises to 242.66 billion Rupees. Indian banks' cash balances with RBI rise to 3.19 trillion rupees.

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
11th DECEMBER. 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 6,300 6,200 6,100 11,000 1,800 880 2,000 160 Strike Price 6,400 6,500 6,600 12,500 1,900 900 2,100 140 3,400 LTP Traded Volume (Contracts) 2,53,847 2,24,236 1,58,191 15,269 3,920 2,300 2,031 2,021 Traded Volume (Contracts) 3,32,926 3,05,717 1,79,116 26,363 5,412 5,006 4,398 3,926 2,706 Open Interest 36,87,100 49,56,300 44,09,550 2,82,125 2,74,750 1,99,750 1,69,875 6,16,000 Open Interest 54,73,600 53,45,200 41,28,400 2,58,775 3,55,500 7,47,250 1,93,500 29,24,000 1,56,000

NIFTY NIFTY NIFTY BANK NIFTY SBIN RELIANCE TCS DLF Symbol

56.70 31.00 16.75 48.00 29.00 12.40 9.50 6.35 LTP

STOCKS IN NEWS ONGC to appeal in Supreme Court against Gujarat HC order. Coal India issues work order to set up 4 washeries L&T Shipbuilding gets Rs 943cr order from Qatar firm Etihad Airways doubles India flights, triples number of seats Reliance Communications mulling $1bn debt issue. Govt. to sell Hindustan Zinc stake through auction route, Cabinet note soon. NIFTY FUTURE

MOST ACTIVE CALL OPTION

NIFTY NIFTY NIFTY BANKNIFTY SBIN RELIANCE TCS NTPC INFY

70.30 33.45 13.10 79.50 33.60 12.10 39.00 3.15 51.65

Nifty Future closed in the green in the last trading session. We advise selling around 6350-6330 with strict stop loss of 6300 for the targets of 6380-6420 levels.

FII DERIVATIVES STATISTICS

BUY SELL OPEN INTEREST AT THE END OF THE DAY Amount in Crores
17799.30 53203.29 32244.68 1259.16

No. of Amount in No. of Amount in No. of Contracts Crores Contracts Crores Contracts INDEX FUTURES INDEX OPTIONS STOCK FUTURES STOCK OPTIONS
53208 322523 64253 33857 1679.72 10046.29 1847.22 973.83 47450 370265 87053 34698 1496.46 11507.16 2538.65 992.26 560937 1685052 1142529 46190

NET AMOUNT
183.26 -1460.86 -691.43 -18.43

TOTAL

-1987.46

INDICES
NIFTY NIFTYJUNIOR BANK NIFTY YOUR MINTVISORY

S2
6279.51 12373.63 11602.78

S1
6306.18 12431.71 11723.11

PIVOT
6334.21 12514.63 11895.28

R1
6360.88 12572.71 12015.61

R2
6388.91 12655.63 12187.78

Call us at +91-731-6642300

DAILY REPORT
11th DECEMBER. 2013

COMMODITY MCX
COMMODITY ROUNDUP Silver prices moved up by 1.81 per cent to Rs 45,849 per kg in futures market yesterday as speculators created fresh positions on higher global trend. At the MCX, silver for delivery in May rose by Rs 813, or 1.81 per cent, to Rs 45,849 per kg in business turnover of 149 lots. March silver gained Rs 756, or 1.71 per cent, to Rs 44,916 per kg in 6,957 lots. Fresh positions built up by speculators on the back of a higher global trend mainly led to rise in silver prices at futures trade. Meanwhile, silver added 0.5 per cent to $19.95 an ounce in Singapore. Gold prices rose by 0.83 per cent to Rs 29,324 per ten grams in futures trade yesterday as speculators created fresh positions, tracking a firm global trend. At the MCX, gold for delivery in April rose by Rs 239, or 0.83 per cent, to Rs 28,650 per ten grams in a business turnover of 91 lots. February gold added Rs 207, or 0.71 per cent, to Rs 29,117 per ten grams in 3,919 lots. Speculators created fresh positions, tracking a firm global trend as the dollar extended its decline and investors assessed whether the Federal Reserve will pare stimulus after hints of a reduction from policy makers, mainly influenced gold prices at futures trade. Meanwhile, gold advanced 0.6 per cent to $1,247.40 an ounce in Singapore. Copper prices rose by 0.52 per cent to Rs 453.90 per kg in futures trade yesterday as speculators built-up fresh positions supported by pick up in demand from consuming industries in the spot market. At the MCX, copper for delivery in April rose by Rs 2.35, or 0.52 per cent, to Rs 453.90 per kg in business turnover of 280 lots. February copper traded higher by Rs 2.15, or 0.48 per cent, to Rs 447.95 per kg in 8,750 lots. Nickel prices rose by 0.54 per cent to Rs 857.50 per kg in futures trade yesterday, amid pick up in domestic demand and firm global trend. At the MCX nickel for delivery in December rose by Rs 4.60, or 0.54 per cent, to Rs 857.50 per kg in business turnover of 4,020 lots. January nickel gained Rs 4.60, or 0.53 per cent, to Rs 865.50 per kg in 197 lots. Besides pick up in domestic demand, firm global trend mainly led to rise in nickel prices at futures trade.

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY SILVER ABOVE 45650 TGTS 45900/46200 SL 45350 SELL SILVER BELOW 45150 TGTS 44900/44600 SL 45450 GOLD

TRADING STRATEGY: BUY GOLD ABOVE 29600 TGTS 29900/30200 SL 29300 SELL GOLD BELOW 29300 TGTS 29100/28800 SL 29600

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
11th DECEMBER. 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 ABOVE 4615 TGTS 4645/4695 SL 4565 SELL CASTORSEED BELOW 4430 TGTS 4400/4350 SL 4480 DHANIYA

1376.5 4601 2832 6890 7422 1405 125.1 3635 710.25 4780

-0.25 +2.84 -3.05 +2.23 -1.84 -1.61 -0.54 -1.94 +0.11 -3.78

NCDEX ROUNDUP India's palm oil imports could drop about seven per cent in November, their first monthly decline since August, on weaker demand at the start of the cold weather that solidifies the oil and makes it unusable. India's vegetable oil marketing year runs from November to October. From July onwards, government started selling wheat stock held in the Food Corporation of India (FCI) through weekly tenders to bulk buyers. It aims to sell a total of 8.5 million tonnes of wheat by end of March, 2014 at base price of Rs 1,500 per quintal plus the freight depending on the location. Crude palm oil prices fell by Rs 1.60 to 565.40 per kg in futures trade yesterday as speculators reduced their exposures largely on subdued spot demand. At the MCX, crude palm oil for January delivery shed Rs 1.60, or 0.28 per cent, to Rs 565.40 per 10 kg with a turnover of 212 lots. Potato prices edged higher by 0.49 per cent to Rs 939.60 per quintal in futures market yesterday on speculators increasing their positions driven by firming spot markets trend amid restricted arrivals. At the MCX potato for delivery in March traded higher by Rs 4.60, or 0.49 per cent, to Rs 939.60 per quintal, with a business turnover of 49 lots.

SELL DHANIYA BELOW 7410 TGTS 7380,7330 SL 7460 BUY DHANIYA ABOVE 7660 TGTS 7690,7740 SL 7610

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
11th DECEMBER. 2013

CURRENCY

RBI Reference Rate

Currency Rate Currency Rate

Rupee- $ Euro GBP/INR

61.2070 Yen-100 84.1510 GBP CURRENCY ROUNDUP

59.2900 100.6488

The Indian rupee edged higher on Tuesday as gains in the euro and lower demand for dollars from oil firms helped offset falls in domestic shares as the impact of the strong showing by the key opposition party in state elections started to fade. The Reserve Bank of India on Tuesday accepted all 13 bids for 92.81 billion rupees at its one-day reverse repo auction through which it absorbs excess liquidity into the banking system. It also accepted all 32 bids for 237.28 billion rupees at its one-day repo auction through which it injects liquidity into the banking system. Traders are now focused on the upcoming November trade data, due sometime this week, for near-term direction, with consumer inflation data due out on Thursday, which will help set expectations ahead of the Reserve Bank of India's policy review on Dec. 18. The central bank has raised interest rates by a total of 50 basis points over September and October despite slowing economic growth. The partially convertible rupee closed at 61.04/05 per dollar compared to 61.13/14 on Monday. The unit moved in a range of 60.97 to 61.2950 during the day. Gains tracked a stronger euro, which hit a five-year peak against the yen and a six-week high against the dollar on Tuesday, as expectations for further near-term stimulus from the European Central Bank faded. Some of the recent large dollar demand from state-run oil firms also faded late in the session allowing the rupee to recover some ground. The dollar wobbled near a six-week low against a basket of currencies on Wednesday, hampered by a growing view that the Federal Reserve needs more positive economic data before it decides to start reducing its monetary stimulus. The rupee gained even as shares retreated from record highs hit on Monday as investors booked profits in blue chips. In the offshore nondeliverable forwards, the one-month contract was at 61.44 while the three-month was at 62.31.

SELL GBP/INR BELOW 100.55 TGTS 100.33, 100.15 SL 100.99. BUY GBP/INR ABOVE 101.25 TGTS 101.48,101.73 SL 100.80. EUR/INR

SELL EUR/INR BELOW 84.14 TGTS 83.99, 83.82 SL 84.55. BUY EUR/INR ABOVE 84.68 TGTS 84.83, 85.01 SL 84.27.

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
11th DECEMBER. 2013

CALL REPORT
PERFORMANCE UPDATES

Date
10/12/13 10/12/13 10/12/13 10/12/13 10/12/13 10/12/13 10/12/13 10/12/13 10/12/13 10/12/13 10/12/13

Commodity/ Currency
MCX GOLD MCX GOLD MCX SILVER MCX SILVER NCDEX CASTOR SEED NCDEX CASTOR SEED NCDEX DHANIYA JPY/INR JPY/INR EUR/INR EURINR

Contract
FEB FEB MAR MAR JAN. JAN. DEC. DEC. DEC. DEC. DEC.

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

Entry Level
29120 28910 44510 43900 4430 4500 7470 59.01 60.35 83.70 84.42

Target
29200-29300 28830-28730 44710-45010 43700-43400 4400-4350 4530-4580 7440-7390 58.84-58.68 60.51-60.74 83.56-83.41 84.62-84.85

Stop Loss
29020 29010 44210 44200 4480 4450 7250 59.30 59.95 84.10 84.02

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

Date
28/11/13 28/11/13 28/11/13 28/11/13 26/11/13

Scrip
NIFTY UPL LTD. VOLTAS CEAT LTD NIFTY

CASH/FUTURE
FUTURE FUTURE FUTURE CASH FUTURE

Strategy
BUY BUY BUY BUY BUY

Entry Level Target

6040-6060 170 100 281 6060-6080 6090-6125 175-180 103-105 287-292 6125-6150

Stop Loss
6020 165 97 275 6020

Remark
NOT EXECUTED CALL OPEN BOOKED FULL PROFIT BOOKED FULL PROFIT CALL OPEN

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

2 pm 8:30 am 8:30 am 8:30 am 8:30 am 10 am 8:30 am 8:30 am

Federal budget Weekly jobless claims Retail sales Retail sales ex-autos Import price index Business inventories Producer price index Core PPI

WEDNESDAY, DEC. 11 Nov. THURSDAY, DEC. 12 12/7 Nov. Nov. Nov. Oct. FRIDAY, DEC. 13 Nov. Nov. Disclaimer

-N/A 0.3% 0.2% -0.8% 0.3% 0.1% 0.1%

-$172 bln N/A 0.4% 0.2% -0.7% 0.6% -0.2% 0.2%

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 investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments 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 expressed 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.

YOUR MINTVISORY

Call us at +91-731-6642300