DAILY REPORT

20th FEBRUARY. 2014

Global markets at a glance European shares pared early losses in late trade on Wednesday, tracking a rally in Wall Street, with WM Morrison gaining in the afternoon after a report that the grocer may be taken over by private-equity firms. The FTSEurofirst 300 mounted a recovery in thin volumes to close up 0.1 percent at 1,338.67, as Wall Street turned higher after a cautious start before U.S. Federal Reserve minutes were released. Japan's Nikkei share average fell for a second day following declines on Wall Street as minutes of the U.S. Federal Reserve's latest policy-setting meeting indicated it will keep trimming its stimulus. The Nikkei shed 0.8 percent to 14,643.01 in mid-morning trade, after falling 0.5 percent to 14,766.53 on the previous day. Wall Street Update Stocks slid on Wednesday in a late selloff after minutes of the U.S. Federal Reserve's latest policy-setting meeting indicated that the central bank will keep trimming its bond -buying stimulus unless there is a significant economic surprise. The Dow Jones industrial average .DJI fell 89.84 points or 0.56 percent, to end at 16,040.56. The S&P 500 .SPX slipped 12.01 points or 0.65 percent, to finish at 1,828.75. The Nasdaq Composite .IXIC dropped 34.83 points or 0.82 percent, to close at 4,237.954. The S&P 500 set an all-time closing high of 1,848.38 on January 15, and came within a point of that level at its session high on Wednesday. Previous day Roundup Equity benchmarks saw late trade up move again, extending gains for the fourth consecutive session on Wednesday aided by technology, capital goods and healthcare stocks. The Nifty closed at 6152.75, 25.65 points while the Sensex was up 88.76 points at 20722.97. About 1447 shares have advanced, 1202 shares declined, and 153 shares are unchanged. IT, Healthcare and Capital Goods indices ended with strong gains. Index stats The market finally ended on high note with support by IT stocks. The sartorial indices performed as follow Consumer Durables [up 63.34pts] Capital Good [up 99.76pts], PSU [down 0.12pts], FMCG [down 11.72pts] Realty [up 5.21Pts], Power [down 6.33pts], Auto [down 11.19pts], Healthcare [up 119.35pts], IT [up 138.53pts], Metals [down 96.69pts], TECK [up pts] Oil& Gas [up 24.09pts].

World Indices
Index DJl S&P 500 NASDAQ EURO STO FTSE 100 Nikkei 225 Hong Kong Value 16,040.56 1,828.75 4,237.95 3,120.80 6,796.71 14,518.14 22,412.78
CMP Change

% Change -0.56 -0.65 -0.82 +0.11 0.00 -1.68 -1.11

% Chg

Top Gainers
Company

RANBAXY SUNPHARMA TCS LUPIN INFY

360.80 623.00 2,213.00 942.50 3,760.00

CMP

9.80 13.25 47.00 19.75 78.00

Change

+2.79 +2.17 +2.17 +2.14 +2.12

% Chg

Top Losers
Company

TATAPOWER JINDALSTEL HEROMOTOCO SSLT TATASTEEL

Symbol

77.20 245.40 1,942.00 186.35 374.00

Prev. Close

2.25 7.05 37.40 2.90 5.65

Change

-2.83 -2.79 -1.89 -1.53 -1.49

%Chg

Stocks at 52 Weeks high

BHARATFORG ESSDEE GLOBOFFS TATAELXSI 367.80 715.05 200.00 495.70
Prev. Close

10.30 37.70 9.50 15.80

Change

+2.88 +557 +4.99 +3.29

%Chg

Stocks at 52 Weeks Low

Symbol

MAHABANK UNITED BANK

30.15 24.50
CMP

0.85 0.20
Change

+2.90 +0.82
% Chg

Indian Indices
Company

NIFTY SENSEX

6,152.75 20,722.97

+25.65 +88.76

+0.42% +0.43%

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
20th FEBRUARY. 2014

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE] 1. TCS

STOCK RECOMMENDATION [CASH] 1. ABG SHIPYARD

TCS FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 2200 levels. We advise buying around 2200-2220 levels with strict stop loss 2150 for the targets of 2250-2300 levels. 2. LUPIN

ABG SHIPYARD is looking strong on charts. We advise buying around 300-310 levels with strict stop loss of 280 for the targets of 320-340 levels.

LUPIN FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 945 levels. We advise around 940-945 levels with strict stop loss 930 for the targets of 955-965 levels. YOUR MINTVISORY

MACRO NEWS Shares of jeweler stocks are on buyers radar as Finance Minister P Chidambaram may be looking into removing restrictions on import of gold. Govt. orders CNG retailers to provide cost-break up. Ranbaxy and Teva settle with NY Attorney General over collusion. Infrastructure investment declined since 2010-11; government taking steps to boost it. Indian banks lose Rs 17,284 cr in fraud cases, reveals RTI. Tatamotors says to pass on entire benefit of excise duty cut to customers MCX says it intends to divest stake in few ventures. NTPC plans two more power projects in Madhya Pradesh. Greaves Cotton : Amansa Holdings sells 13.3 lakh shares at Rs 60/share (Note: As on December 2013 stake of 4.29 percent). Magma Fincorp : Macquarie Bank sells 14.93 lakh shares at Rs 66.5/share.

Call us at +91-731-6642300

DAILY REPORT
20th FEBRUARY. 2014

FUTURE & OPTION

MOST ACTIVE PUT OPTION

Symbol Option Type Strike Price LTP

Traded Volume (Contracts )

NIFTY NIFTY NIFTY BANKNIFTY SBIN INFY MCDOWELL TATASTEEL

Symbol

PE PE PE PE PE PE PE

6,100 6,000 5,900 10,500 1,500 3,700 2,300

21.45 7.35 2.9 73.8 18.1 14.25 21.85 4.5

LTP

STOCKS IN NEWS Bajaj to deepen Kawasaki, KTM partnerships to lift exports. State Bank of India may slow hiring in next few years. Ranbaxy, Teva settle US anti-trust probe for 3,95,591 60,36,750 $3,00,000. 1,18,19,60 M&M Cuts prices across its vehicle range. 2,42,745 0 1,98,699 61,83,450 NIFTY FUTURE
Open Interest

32,475 4,545 3,152 1,990 1,742

Traded Volume (Contracts)

2,69,400 5,63,750 2,31,125 1,88,125 7,32,000

Open Interest

PE 370 MOST ACTIVE CALL OPTION

Option Type Strike Price

NIFTY NIFTY NIFTY SBIN TCS RELIANCE RANBAXY

CE CE CE CE CE CE CE

6,200 6,100 6,300 10,700 1,550 2,200 820 380

27.7 84.9 5.8 94.1 10.2 35 7.85 3.6 BUY

3,82,261 61,58,350 3,00,565 44,68,000 1,62,298 48,70,350 39,519 3,967 3,777 3,134 2,76,775 1,98,875 Nifty Future closed in the green in the last trading ses9,02,000 sion still looks positive. We advise buying around 6120 9,77,000 levels with strict stop loss of 6100 for the targets of 6150 SELL OPEN INTEREST AT THE END OF THE DAY Amount in Crores 11725.86 48630.68 31217.34 1999.26 TOTAL NET AMOUNT 181.53 475.87 -120.35 -69.55 467.50 6,066 10,40,625

BANKNIFTY CE

FII DERIVATIVES STATISTICS

No. of Amount in No. of Amount in No. of Contracts Crores Contracts Crores Contracts INDEX FUTURES INDEX OPTIONS STOCK FUTURES STOCK OPTIONS 36219 356592 48276 33862 1095.16 10544.47 1516.03 1031.42 30423 341668 52596 36441 913.63 10068.60 1636.38 1100.97 386700 1591798 1046116 68030

INDICES
NIFTY NIFTYJUNIOR BANK NIFTY YOUR MINTVISORY

S2
6111.68 11908.38 10476.83

S1
6132.21 11942.76 10543.21

PIVOT
6146.28 11971.23 10586.68

R1
6166.81 12005.61 10653.06

R2
6180.88 12034.08 10696.53

Call us at +91-731-6642300

DAILY REPORT
20th FEBRUARY. 2014

COMMODITY MCX
COMMODITY ROUNDUP Gold restrictions imposed by the Finance Minister has been cited as one of the main reasons for reining in Current Account Deficit (CAD) to 1.2 per cent as against a peak of 4.9 per cent. The FM in his Vote on Account speech said that CAD for the current fiscal will touch $45 billion as against $88.2 billion in the previous year. Import restrictions and hiking import duties three times during 2013 resulted in lower gold import, at least from the official channels. Hawala premiums for smuggling gold have shot up to four per cent from 2.5 per cent a few months ago. These were just 1.25-1.5 per cent a couple of years ago, when gold was not smuggled to this extent into India. Silver prices fell by 0.81% to Rs 47,635 per kg in futures trade after speculators trimmed positions on weak cues from the global market. At the Multi Commodity Exchange, silver for delivery in March fell by Rs 389, or 0.81%, to Rs 47,635 per kg in a business turnover of 751 lots. Also, the white metal for delivery in May declined by Rs 398, or 0.81%, to Rs 48,640 per kg in business volume of 82 lots. A subdued trend in the global markets amid expectations that Federal Reserve minutes will show policy makers backing further stimulus cut, triggered offloading of positions by speculators that led to fall in silver prices at futures trade here. In the international market, silver fell 0.70% to $21.77 an ounce in Singapore. Indias iron ore production from January to December in 2013 registered a decline of 11 per cent to 136 million tonnes (mt) compared to 152.6 mt a year ago, provisional figures with the mines ministry said. The production in January-December 2011 was 192 million tonnes. The decline was mainly due to no mining in Goa and the delay in the resumption of mines in Karnataka. The latter produced 16 mt in 2013 . Aluminium prices rose 0.23% to Rs 107.60 per kg in futures trade today on the back of rising spot demand even as the metal weakened overseas. At the Multi Commodity Exchange, aluminium for delivery in February rose by 25 paise, or 0.23%, to Rs 107.60 per kg in a turnover of 256 lots. The metal for delivery in March rose by a similar margin to trade at Rs 109 per kg in a business volume of 13 lots. The rise in aluminium prices at futures trade was mostly attributed to rising demand at domestic spot markets but a weak trend overseas on high stockpiles limited the gains.

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY SILVER ABOVE 48050 TGTS 48250/48550 SL 47700 SELL SILVER BELOW 47500 TGTS 47200/46850 SL 47850 GOLD

TRADING STRATEGY: BUY GOLD(APR) ABOVE 30250 TGTS 30330/30430 SL 30130 SELL GOLD(APR) BELOW 29840 TGTS 29760/29660 SL 29960 YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
20th FEBRUARY. 2014

NCDEX

RECOMMENDATIONS CASTORSEED

NCDEX INDICES Index Value % Change

Castor Seed Chana Coriander Cotton Seed Oilcake Jeera Maize Feed/Industrial Grade Mustard seed Soy Bean Turmeric BUY CASTORSEED MAR ABOVE 4190 TGTS 4220,4270 SL 4140 SELL CASTORSEED MAR BELOW 4155 TGTS 4125,4075 SL 4205 DHANIYA

4120 2941 8020 1548 11500 1190 3383 4047 7276

-0.05 +0.03 -2.39 +1.24 -0.67 0.00 -0.06 +0.88 -0.84

NCDEX ROUNDUP India's wheat, rice and corn exports may fall 29% in 201415. In spite of the steep fall in edible oil prices, local demand has not increased due to the surge in prices of other commodities of daily use. According to sector sources, demand growth is likely to be five per cent this year. Groundnut exports are likely to take a hit due to the stringent norms of the European Union (EU) and Malaysia to control aflatoxin levels. The two largest importers that account for 40 per cent of exports have asked Indian traders to procure a health certificate for every consignment. The Export Inspection Council of India (EIC), under the commerce ministry, is issuing certificates. This is required in addition to other certificates, including hazard analysis and critical control points (HACCP). Cardamom futures fell by 0.42% to Rs 798 per kg today as traders reduced their holdings amid sluggish spot demand. Besides, sufficient stocks holdings in the physical market also influenced the cardamom prices. At the Multi Commodity Exchange, cardamom for April contract declined by Rs 3.40, or 0.42%, to Rs 798 per kg with a business turnover of 182 lots. The spice for delivery in March month fell by Rs 3.20, or 0.41%, to Rs 768.90 per kg with a trading volume of 367 lots. Besides profit booking by speculators at existing levels, fall in demand in spot market also put pressure on cardamom prices in futures market Call us at +91-731-6642300

BUY DHANIYA APR ABOVE 8975 TGTS 9005,9055 SL 8925 SELL DHANIYA APR BELOW 8905 TGTS 8875,8825 SL 8955

YOUR MINTVISORY

DAILY REPORT
20th FEBRUARY. 2014

CURRENCY

RBI Reference Rate

Currency Rate Currency Rate

Rupee- $ Euro USD/INR

62.1250 Yen-100 84.7215 GBP CURRENCY ROUNDUP The Indian currency market was closed yesterday.

60.6000 102.2515

The greenback traded mixed to higher against most major currencies after the Federal Reserve said in the minutes of its January policy meeting released earlier that it should continue tapering its monthly bond-purchasing program, which weakens the greenback to spur recovery. In U.S. trading on Wednesday, EUR/USD was down 0.15% at 1.3738. At its Jan. 28-29 policy meeting, the Fed voted to trim its monthly asset purchasing program to $65 billion from $75 billion and stressed benchmark interest rates will stay at 0.00-0.25% until the unemployment rates approaches 6.5% or even dips below that mark, depending on the health of the economy in the context of price stability. The unemployment rate currently stands at 6.6% though many still remain out of the labor force due to fruitless job searches, which artificially lowers the percentage headline unemployment rate. Those out of work but not actively seek jobs are not counted as part of the labor force. Elsewhere, Fed officials were willing to overlook January's soft jobs report and other economic indicators taking into account a string of powerful winter storms may have disrupted commerce. While some hawkish member felt the time to hike interest rates will come soon, consensus pointed to keeping rates on hold while dismantling monthly bond purchases, which gave the greenback some support. The dollar was down against the yen, with USD/JPY down 0.14% at 102.22, and up against the Swiss franc, with USD/ CHF up 0.01% at 0.8881. The greenback was flat against the pound, with GBP/USD up 0.01% at 1.6686. The dollar was up against its cousins in Canada, Australia and New Zealand, with USD/CAD up 1.24% at 1.1083, AUD/USD down 0.32% at 0.8998 and NZD/USD down 0.41% at 0.8274. The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.21% at 80.23.

BUY USD/INR ABOVE 62.35 TGTS 62.48, 62.62 SL 62.06. SELL USD/INR BELOW 61.96 TGTS 61.83, 61.69 SL 62.25. EUR/INR

BUY EUR/INR ABOVE 85.61 TGTS 85.75, 85.90 SL 85.30. SELL EUR/INR BELOW 84.98 TGTS 84.84, 84.69 SL 85.29 . YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
20th FEBRUARY. 2014

CALL REPORT
PERFORMANCE UPDATES

Date

Commodity/ Currency Pairs MCX GOLD MCX GOLD MCX SILVER MCX SILVER NCDEX CASTOR SEED NCDEX CASTOR SEED NCDEX DHANIYA NCDEX DHANIYA

Contract

Strategy

Entry Level

Target

Stop Loss

Remark

19/02/14 19/02/14 19/02/14 19/02/14 19/02/14 19/02/14 19/02/14 19/02/14

APR. APR. MAR. MAR. MAR. MAR. APR. APR. CASH/ FUTURE/ OPTION FUTURE FUTURE FUTURE CASH FUTURE CASH CASH FUTURE CASH CASH

BUY SELL BUY SELL BUY SELL BUY SELL

30250 29950 48050 47700 4205 4140 9120 9030

30330-30430 29870-29770 48250-48550 47500-47200 4235-4285 4110-4060 9150-9200 9000-8950

30130 30070 47700 48050 4155 4190 9070 9080

NOT EXECUTED BOOKED PROFIT NOT EXECUTED BOOKED FULL PROFIT SL TRIGGERED NOT EXECUTED SL TRIGGERED BOOKED FULL PROFIT

Date

Scrip

Strategy

Entry Level

Target

Stop Loss

Remark

19/02/14 19/02/14 19/02/14 19/02/14 18/02/14 18/02/14 17/02/14 14/02/14 13/02/14 10/02/14

NIFTY ADANIENT ARVIND SIEMENS M&M SOMANY CERAMICS AMTEK INDIA HINDALCO RPG LIFE SCIENCES KRBL

BUY BUY BUY BUY BUY BUY BUY SELL BUY BUY

6080 230 142 560-565 940 140-145 64-65 100 52-55 45-46

6120-6150 240-250 148-152 575-595 960-980 150-155 70-75 97-95 59-64 50-54

6050 220 140 545 920 135 60 103 47 40

NOT EXECUTED BOOKED PROFIT

CALL OPEN

BOOKED PROFIT
CALL OPEN SL TRIGGERED CALL OPEN CALL OPEN CALL OPEN CALL OPEN

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
20th FEBRUARY. 2014

ECONOMIC CALENDAR

NEXT WEEK'S U.S. ECONOMIC REPORTS TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS

MONDAY, FEB. 17 NONE SCHEDULED TUESDAY, FEB. 18 8:30 am 10 am Empire state index Home builders' index Feb. Feb. WEDNESDAY, FEB.19 8;30 am 8:30 am 8:30 am 2 pm Producer price index Core PPI Housing starts FOMC minutes THURSDAY, FEB. 20 8:30 am 8:30 am 8:30 am 9 am 10 am 10 am Weekly jobless claims Consumer price index Core CPI Markit flash PMI Philly Fed Leading indicators 2/15 Jan. Jan. Feb. Feb. Jan. FRIDAY ,FEB 21 10 am Existing home sales Jan. Disclaimer
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.

11.0 56

12.5 56

Jan. Jan. Jan.

0.1% 0.2% 963,000

0.4% 0.3% 999,000

N/A 0.2% 0.2% -10 --

N/A 0.3% 0.1% 53.7 9.4 0.1%

4.68 mln

4.87 mln

YOUR MINTVISORY

Call us at +91-731-6642300