DAILY REPORT

08th OCTOBER. 2013

Global markets at a glance European stocks dropped on Monday in thin volumes, with one benchmark index hitting a four-week low as investors fretted over lack of progress in resolving Washington's budget standoff. The euro zone's blue-chip Euro STOXX 50 index was down 1.1 %, at 2,897.38 points. UK's FTSE 100 index was down 0.8 %, Germany's DAX index down 1.1 % and France's CAC 40 down 1 %. The Nikkei share average dropped to a one-month low on Monday as the lack of progress in resolving the U.S. budget standoff left investors increasingly frustrated. The Nikkei dropped 1.2 % to 13,853.32 after falling to as low as 13,841.93, the lowest level since Sept. 6. The index fell for a fourth day. Wall Street Update U.S. Democrats and Republicans came no closer on Sunday to a budget agreement that would end a government shutdown, let alone reaching a deal on the U.S. borrowing limit by Oct. 17 to avoid what would be an unprecedented default. U.S. Standard & Poor's 500 e-mini futures dipped 0.1 percent in Asian trade after the cash index ended down 0.9 percent on Monday and dropped for the 10th time in the past 13 sessions. U.S. Treasury futures added 4-1/2 ticks. Previous day Roundup After a tepid session on negative global cues, the market ended on a flat down. The Sensex closed down 20.85 points at 19895.10 while the Nifty managed to end above the 5900 at 5906.15, down 1.15 points. About 1255 shares advanced, 1077 shares declined, and 150 shares were unchanged. Index stats Bank Nifty & Bankex both declined 1.13% & 1.16% respectively, the sectors which were in positive move in yesterdays session were; Healthcare [up 83.18pts], IT [up 97.22pts], FMCG [up 0.15pts], Metals [up 79.66pts], TECK [up 40.48pts], Power [up 6.91pts]. The sectors declined were: Consumer Durables [down 17.02pts], Capital Goods [down 31.33pts], AUTO [down 22.08pts], , Oil & Gas [down 22.29pts], PSU [down 22.45pts], REALTY [down 3.94pts].

World Indices
Index DJl S&P 500 NASDAQ EURO STO FTSE 100 Nikkei 225 Hong Kong Value 14,936.24 1,676.12 3,770.38 2,923.04 6,437.28 13,843.01 23,029.45
CMP Change

% Change -0.90 -0.85 -0.98 -0.18 -0.26 -0.07 +0.24

% Chg

Top Gainers
Company

RANBAXY TATASTEEL BPCL TCS HINDALCO

379.90 301.45 355.40 2,095.75 121.65

CMP

19.70 13.00 13.95 62.15 3.60

Change

+5.47 +4.51 +4.09 +3.06 +3.05

% Chg

Top Losers
Company

COAL INDIA BHARTIARTL AXISBANK ICICIBANK MARUTI

Symbol

300.00 321.85 1,071.00 916.65 1,408.10

Prev. Close

10.05 6.50 21.55 13.95 20.40

Change

-3.24 -1.98 -1.97 -1.50 -1.48

%Chg

Stocks at 52 Weeks high

HCLTECH JUSTDIAL SUNPHARMA TCS TECHM
Symbol

1,118.00 930.00 604.65 2,095.75 1,447.55

Prev. Close

21.20 -99.45 4.20 62.15 46.85

Change

+1.93 -9.66 +0.70 +3.06 +3.34

%Chg

Stocks at 52 Weeks Low

FLFL JSL 114.05 36.80
CMP

6.00 -0.05
Change

-5.00 -0.14
% Chg

Indian Indices
Company NIFTY SENSEX

5,906.15 19,895.10

-1.15 -20.85

-0.02 -0.10

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
08th OCTOBER. 2013

EQUITY CASH & FUTURE

STOCK RECOMMENDATION [CASH] 1. APAR INDUSTRIES LTD

STOCK RECOMMENDATIONS [FUTURE] 1. TECH MAHINDRA

TECH MAHINDRA is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 1450. We advise buying around 1450-1460 levels with strict stop loss of 1420 for targets of 1475-1490.

APAR INDUSTRIES LTD is looking strong on charts . We advice buying above 107 with strict stop loss of 102 for the targets of 112-115 levels. MACRO NEWS The finance ministry may raise statutory wage ceiling for PF contributions to Rs 15,000 per month from Rs 6,500. that can sharply reduce govt's borrowing costs, bring long-term savings into cash strapped infrastructure sectors, deepen corporate bond market & even make Indian stocks less vulnerable to whims of FII. The ministry of disinvestment and ministry of power have been working on offer-for-sale of NHPC and that also has not been finalized yet. As far as buyback goes, there is no decision in the company to go for it. Force Motors Ltd reported a 40.70 per cent rise in net profit at Rs 26.93 crore for the quarter ended September 30, 2013 on the account of tax gains. CRISIL on Monday said credit quality of India Inc is on a "slippery wicket" due to demand slowdown and liquidity issues, and that banks will therefore see further slippages in the already deteriorating asset quality. Chinese markets will reopen on Tuesday after a week long holiday on account of National Day. India's Apollo Tyres Ltd and Cooper Tire & Rubber Co are at odds over whether Apollo can reduce the price for its proposed takeover of the U.S. firm, the latest hurdle in a deal beset by lawsuits and labor issues.

2. RANBAXY

RANBAXY FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it continues to sustain above 390. We advise buying above 390 with strict stop loss of 378 for the targets of 398-410 levels.

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
08th OCTOBER. 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 5,700 5,800 5,600 1,600 2,600 840 900 Strike Price 6,100 6,000 6,200 10,500 1,700 900 3,500 400 300 LTP Traded Volume (Contracts) 1,96,655 1,89,347 1,28,852 11,446 3,675 3,339 2,616 1,363 Traded Volume (Contracts) 2,31,740 2,30,044 1,88,932 12,722 2,964 2,928 2,528 2,187 1,840 Open Interest 49,39,050 44,11,700 40,50,850 2,16,800 2,55,000 4,98,125 4,82,750 1,1,68,250 Open Interest 47,51,650 40,66,150 31,92,850 2,43,475 2,81,250 7,27,250 5,00,250 7,93,500 7,58,000

NIFTY NIFTY NIFTY BANK NIFTY SBIN INFY RELIANCE ICICIBANK Symbol

73.85 99.80 54.00 54.60 55.70 23.90 34.55 LTP

9,500 181.20

STOCKS IN NEWS Reliance Infra to commission 5 million tonnes per annum cement unit in October JSW Steel acquires Heidelberg Cement's Raigad grinding unit Ranbaxy Laboratories hunts for FDA is looking to buy a manufacturing facility in India. Tatas to operate Taj Mansingh for three-six months after lease ends. GAIL, NTPC are renting out the Dabhol plant (1,967 -MW unit) to pvt electricity generators. Tata Steel can raise upto Rs 5200- 5300 crore by stake sales. NIFTY FUTURE

MOST ACTIVE CALL OPTION

NIFTY NIFTY NIFTY BANKNIFTY SBIN RELIANCE INFY RANBAXY TATASTEEL

82.20 126.00 49.55 245.05 46.50 12.40 54.60 15.60 16.50

Nifty Future as expected closed in the green in last trading day. We advise buying on dips around 59205930 with stop loss of 5890 for targets of 5960-5980.

FII DERIVATIVES STATISTICS

BUY SELL OPEN INTEREST AT THE END OF THE DAY Amount in Crores 11484.72 52389.05 25732.94 1499.98 TOTAL NET AMOUNT -268.36 -468.32 -110.26 -84.15 -931.09 No. of Amount in No. of Amount in No. of Contracts Crores Contracts Crores Contracts INDEX FUTURES INDEX OPTIONS STOCK FUTURES STOCK OPTIONS 68554 430767 46917 25705 1984.36 12381.24 1303.55 682.18 78160 446363 51594 28679 2252.72 12849.55 1413.81 766.33 395859 1779938 919851 55320

INDICES
NIFTY NIFTYJUNIOR

S2
5795.18 11483.88

S1
5850.66 11542.06

PIVOT
5881.33 11575.53

R1
5936.81 11633.71

R2
5967.48 11667.18

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
08th OCTOBER. 2013

COMMODITY MCX
COMMODITY ROUNDUP Crude oil prices edged lower in Asian trade today on growing concerns that the US budget crisis could spiral into a devastating debt default and ravage the global economy. MCX crude oil futures for October delivery was seen trading down by 0.28% at Rs. 6368 per barrel as of 15.03 IST on Monday. WTI crude oil for November delivery was seen trading with a loss of $1.15 at $102.69 per barrel as of 14.59 IST on Monday. India gold futures edged up on Monday amid a steady trend on Comex and depreciation of Indian Rupee against US Dollar. Upcoming physical festive demand for the yellow metal was seen supporting MCX gold prices to certain extent. INR was seen touching 61.85 against USD, a depreciation of 0.78% as of 16.02 IST on Monday. Gold futures for December delivery on India's Multi Commodity Exchange was seen trading up by 0.80% at Rs.29322 per 10 grams as of 15.34 IST on Monday.MCX silver December delivery was seen trading up by 0.81% at Rs.48588 per kilogram as of 15.44 IST on Monday. Comex gold futures for December delivery on electronic platform was seen trading with a gain of $2.9 at $1312.8 per troy ounce while silver was seen trading at $21.76 per troy ounce as of 16.00 IST on Monday. MCX copper futures for November delivery was seen trading down by 0.29% at Rs. 452.90 per kilogram as of 16.33 IST while copper on London Metal Exchange (LME) for delivery in three months was seen trading up by 0.83% at $7191 a metric ton as of 14.35 IST on Monday. If US government fails to raise borrowing limit by October 17, then there would be serious consequences on the economy. Gold traders are eyeing on upcoming physical demand from Asia, especially from India which is expected to go up ahead of upcoming festive demand. Data from the U.S. Mint show that so far in October, 6,000 ounces of gold coins were sold month-to-date, said Barclays Capital in a research note. All four sizes of American Eagle gold coins advanced in September. Sales accumulated to 13,000 ounces, marking a 13% increase from the prior month yet tumbling 81% from the same time last year.

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY SILVER ABOVE 49900TGTS 50200/50500 SL 49500 SELL SILVER BELOW 49250 TGTS 48950/48650 SL 49600 GOLD

TRADING STRATEGY: BUY GOLD ABOVE 29600 TGTS 29700/29800 SL 29470 SELL GOLD BELOW 29330 TGTS 29230/ 29130 SL 29450

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
08th OCTOBER. 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 NCDEX ROUNDUP

1215 3521 3002 5782 6216 1489 12807.5 3513 683.9 4788

-0.45 +0.11 +3.45 -0.28 +4.00 -0.33 +1.11 +0.69 +1.06 +1.10

Cotton yarn exports from India, which has touched 120 mn kg per month, is likely to drop by 20% in the current fiscal following the UPA govt's sudden decision to remove the BUY CASTORSEED ABOVE 3565 TG 3595,3625 SL 3525 SELL CASTORSEED BELOW 3500 TG 3470,3440 SL 3550 DHANIYA exports benefits under focus market scheme (FMS) on cotton yarn. FMS is aimed at developing new markets across the globe for Indian products. In the first week of October last year, price of a candy of cotton (Sankar 6 variety) was 32,900 and the price of a kg of cotton yarn was 228. But this year cotton prices have climbed to 48,500 a candy and the cotton yarn prices is hovering around 256 a kg. Maize production in India this year is likely to touch record 25 million tonnes as adequate monsoon rains trigger higher acreage across growing states. According to data available from Ministry of Agriculture, area of maize as on October 2 has risen by 11% to 82.24 lakh hectare as against 74 lakh hectare in the corresponding period of last year. Chana Soars, Spot Prices Around Two Week Highs ; Chana futures soared yaeterday. Good demand in ready daals market pushed up Chana prices today, ensuring that the commodity extends its recent recovery. Arrivals in Delhi market are steady at 40 trucks today. The supplies have BUY DHANIYA ABOVE 6280 TG 6310,6340 SL 61 6240 SELL DHANIYA BELOW 5900TG 5870,5840 SL 5950 hovered in the range of around 30/40 trucks per day in last few weeks. Good demand is seen in Urad and Masoor.

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
08th OCTOBER. 2013

CURRENCY

RBI Reference Rate

Currency Rate Currency Rate

Rupee- $ Euro USD/INR

61.7760 Yen-100 83.8360 GBP

63.6200 99.0640

CURRENCY ROUNDUP The RBI will look at easing restrictions on the forex futures market once the rupee stabilizes. RBI is also in talks with SEBI on making the dollar-rupee over-the-counter and futures market trades on a delivery basis. In line with equity market, the rupee snapped its three-day winning spree and was lower by 34 paisa at 61.78 in late morning trade today on renewed dollar demand from banks and importers amid its higher value overseas. The rupee resumed lower at 61.50 per dollar as against the last weekend's level of 61.44 at the Interbank Foreign Exchange Market. It dropped further to 61.85 before quoting 61.78 per dollar at 1045 hours. It moved in a range of 61.50 and 61.85 per dollar during the morning deals.

USD/INR has closed @62.2350. If it breaks 61.95, it can touch the level of 61.76 & 61.38. If it sustains above the level of 62.95, it can touch the level of 63.20 & 63.61. GBP/INR

The Indian Rupee appreciated by 0.5 % on Friday's trading session and closed at 61.44 on the back of struggling Dollar index. Further, Foreign fund flows and selling of dollar by companies supported currency to gain strength. Additionally, RBI measures to attract more Inflows and ease in Geopolitical tensions acted as positive factors for the Indian Rupee. However, weak economic data from the country curbed sharp appreciation in the Indian Rupee. The dollar skidded to near an eight-month low on Tuesday as the U.S. government shutdown entered its second week, leaving investors on tenterhooks as politicians in Washington made little headway in agreeing a deal to avoid an historic U.S. debt default. The dollar was steady at 79.979 against a basket of major currencies after slipping 0.2% overnight to not far from an eight-month trough touched last week. Against the yen, the greenback held steady at 96.80 yen after falling as much as 0.2% to 96.55 yen, hitting an eight-week low earlier in the Asian session. It dropped 0.8 percent overnight to mark its biggest decline against the Japanese currency since Sept. 18, when the Federal Reserve shocked investors by deciding to continue its stimulus program.

GBP/INR has closed @100.0525. If it breaks 99.35, it can touch the level of 99.00 & 98.78. If it sustains above the level of 100.55 it can touch the level of 100.85 & 101.44.

YOUR MINTVISORY

Call us at +91-731-6642300

DAILY REPORT
08th OCTOBER. 2013

CALL REPORT
PERFORMANCE UPDATES

Date
07/10/13 07/10/13 07/10/13 07/10/13 07/10/13 07/10/13 07/10/13 07/10/13 07/10/13 07/10/13 07/10/13 07/10/13

Commodity/ Currency Pairs

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

Contract
OCT. DEC. OCT. DEC. OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT.

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

Entry Level
29290 28900 48620 47700 3470 3590 6110 5900 99.20 84.05 100.50 84.80

Target
29390-29490 28800-28700 48920-49220 47400-47100 3440-3410 3620-3650 6140-6170 5870-5840 99.00-98.78 83.90-83.80 100.85-101.12 84.95-85.20

Stop Loss
29190 29120 48200 48100 3520 3540 6050 5950

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

Date
07/10/13 07/10/13 07/10/13 07/10/13 04/10/13 04/10/13 04/10/13

Scrip
NIFTY ARVIND ZEE TBZ BANKBARODA AXISBANK BANK OF INDIA

CASH/ FUTURE/ OPTION

FUTURE FUTURE FUTURE CASH FUTURE FUTURE CASH

Strategy
BUY BUY BUY BUY BUY BUY BUY

Entry Level
5930-5950 90 248-251 142 252-230 1100-1110 175

Target
5980-5990 92-94 255-258 147-152 538-545 1135-1150 179-182

Stop Loss
5900 87 245 135 505 1085 170

Remark
CALL OPEN BOOKED PROFIT NOT EXECUTED BOOKED PROFIT CALL OPEN SL TRIGGERED BOOKED PROFIT

TIME (ET) 7:30 am 8:30 am 10 am 10 am 2 pm 2 pm 8:30 am 8:30 am 8:30 am 8:30 am 8:30 am 8:30 am 9:55 am 10 am

REPORT NFIB small business index Trade deficit* Job openings* Wholesale inventories* FOMC minutes Federal budget* Weekly jobless claims Import price index* Retail sales* Retail sales ex-autos* Producer price index* Core PPI* UMich consumer sentiment index Business inventories*

PERIOD ACTUAL TUESDAY, OCT. 8 US ECONOMIC REPORT Sept. Aug. Aug. WEDNESDAY, OCT. 9 Aug. 9/18 Oct. THURSDAY, OCT. 10 10/5 Sept. FRIDAY, OCT. 11 Sept. Sept. Sept Sept. Oct. Aug. Disclaimer

CONSENSUS FORECAST --$39.5 bln ---N/A 0.2% 0.2% 0.4% 0.2% 0.1% 78.2 0.3%

PREVIOUS 94.0 -$39.1 bln 3.7 mln 0.1% -$75 bln 308,000 0.0% 0.2% 0.1% 0.3% 0.0% 77.5 0.4%

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 infor mation 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