DAILY REPORT

29th OCTOBER. 2013

Global markets at a glance A key pan-European equity index climbed back towards a 5 -year peak on Monday, while Germany's DAX touched a fresh record high, as solid corporate earnings lifted regional stock markets. The pan-European FTSEurofirst 300 index rose 0.2 percent to 1,287.52 points in early session trade, close to a 5-year high of 1,291.93 points. The euro zone's blue-chip Euro STOXX 50 index advanced by 0.2 percent to 3,040.19 points. On Monday, S&P 500 futures rose 2.4 points and were above fair value. Dow Jones industrial average futures added 45 points and Nasdaq 100 futures rose 9.75 points. Asian stocks erased losses after China injected cash into the money-market for the first time in two weeks. Wall Street Update U.S. stock index futures edged higher on Monday, indicating that the rally that took major indexes to record highs would continue as investors continued to digest corporate earnings results. Previous day Roundup After a volatile session, the market ended on a lower levels ahead of the RBI monetary policy review. The BSE Sensex fell on Monday for a fifth consecutive session to mark its lowest close in nearly 1-1/2 weeks, as lenders and other interest rate-sensitive shares declined. The Sensex ended 113.24 points down at 20570.28, and the Nifty ended at 6101.10, down 43.80 points. About 990 shares advanced, 1405 shares declined, and 157 shares were unchanged. Index stats Bank Nifty & Bankex both declined 1.13% & 1.20% respectively, the sectors which were in positive move in yesterdays session were; Consumer Durables [up 76.69pts], Capital Goods [up 87.22pts], Oil & Gas [up 27.25pts] traded upward rest all sectors; AUTO [down 4.33pts], Healthcare [down 88.26pts], FMCG [down 175.31pts]. Power [down 18.26pts] IT [down 31.81pts], TECK [down 31.07pts], PSU [down 44.09pts], Metals [down 146.58pts], REALTY [down 27.85pts] traded downward.

World Indices
Index DJl S&P 500 NASDAQ EURO STO FTSE 100 Nikkei 225 Hong Kong Value 15,568.93 1,762.11 3,940.13 3,022.04 6,725.82 14,383.66 22,926.49
CMP Change

% Change -0.01 +0.13 -0.41 +0.07 -0.08 -0.09 +0.53

% Chg

Top Gainers
Company

LT ONGC HDFC WIPRO KOTAKBANK

965.45 288.25 821.90 483.80 708.50

CMP

17.95 4.30 12.10 2.70 3.60

Change

+1.89 +1.51 .+1.49 +0.56 +0.51

% Chg

Top Losers
Company

Stocks at 52 Weeks high

Symbol

JP ASSOCIAT BANKBARODA ITC PNB DLF

43.25 568.15 326.70 478.10 146.05

2.45 26.25 13.35 18.55 5.40

Change

-5.36 -4.42 -3.93 -3.74 -3.57

%Chg

Prev. Close

AJANTAPHARM DABUR GALLISPAT MINDTREE REPCOHOME

843.35 176.00 343.95 1,385.00 291.00

Prev. Close

114.80 6.00 0.95 36.20 1.40

Change

-15.76 -3.29 -0.28 -2.55 -0.48

%Chg

Stocks at 52 Weeks Low

Symbol

COX&KINGS MYSOREBANK

87.45 426.00
CMP

0.10 -18.05
Change

-0.11 -4.06
% Chg

Indian Indices
Company NIFTY SENSEX

6,101.10 20,570.28

-43.80 -113.24

-0.71 -0.55

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DAILY REPORT
29th OCTOBER. 2013

EQUITY CASH & FUTURE

STOCK RECOMMENDATIONS [FUTURE] 1. TITAN

STOCK RECOMMENDATION [CASH] 1. TATA ELXSI

TITAN FUTURE is looking weak on charts, long build up has been seen, we may see more upside, if it continues to sustain above 250. We advise buying around 250 levels with strict stop loss of 246 for the targets of 254-258 levels. 2 BANK OF BARODA

TATA ELXSI is looking strong on charts . We advice buying above 232 with strict stop loss of 223 for the targets of 242250 levels. MACRO NEWS RBI CREDIT POLICY will be announced today. Dabur India mildly beat Dalal Street expectations with second quarter (July-Sept) consolidated net profit rising 23.4% YoY to Rs 249.7 cr, driven by strong growth across key categories. Net sales grew 14.8% YoY to Rs 1,754 cr in three months period ended Sept. Bharti Infratels consolidated net profit rose to 2.77 billion rupees ($45 million) for its fiscal second quarter ended Sept. 30 from 2.48 billion rupees. Govt. has cleared 13 FDI proposals totaling Rs 1,258 cr and referred Axis Bank's proposal for increasing foreign equity amounting to about Rs 6,266 cr. Syndicate Bank today reported a marginal 1.51% rise in net profit to Rs 470 cr for Q2 ended Sept 2013 compared to Rs 463 cr in the same quarter last year. The Federal Reserve starts its two-day policy meeting on Tuesday and is widely expected to keep its bondbuying stimulus unchanged at $85 billion per month. Most expect the central bank will delay withdrawing stimulus until March 2014. Maruti Suzuki surpassed expectations on every parameter with Q2 (July-Sept) net profit growing 6% QoQquarter (up 3 times Yoy) to Rs 670 cr

BANK OF BARODA FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it continues to sustain below 565. We advise selling below 565 levels with strict stop loss of 575 for the targets of 555 545 YOUR MINTVISORY

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DAILY REPORT
29th 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 6,100 6,000 10,500 1,700 150 900 1,000 Strike Price 6,200 6,300 6,100 11,000 1,750 900 3,400 2,700 1,060 LTP Traded Volume (Contracts) 5,24,848 3,35,007 2,25,746 22,716 6,500 2,236 3,714 2,354 Traded Volume (Contracts) 5,45,545 3,16,286 2,78,563 40,278 7,530 6,556 5,781 2,424 2,396 Open Interest 48,18,450 67,50,050 23,90,000 2,14,000 1,71,625 6,13,000 2,60,250 3,37,500 Open Interest 64,47,700 65,78,200 33,73,500 3,22,800 4,51,750 9,06,500 10,20,500 1,96,500 4,04,500

NIFTY NIFTY NIFTY BANK NIFTY SBIN DLF RELIANCE ICICIBANK Symbol

47.35 17.60 80.00 43.00 5.70 14.00 11.50 LTP

6,200 107.10

STOCKS IN NEWS RINL suffers steep production loss due to heavy rains in Andhra Pradesh Wipro has been ranked as a leader in the global R&D service provider survey. Coal India stake sale likely in Nov or Dec. SpiceJet plans gradual global expansion, to add Dammam and Kuala Lumpur as destinations. Apollo Hospitals Group partners with KKR to raise Rs 550 cr. NIFTY FUTURE

MOST ACTIVE CALL OPTION

NIFTY NIFTY NIFTY BANKNIFTY SBIN RELIANCE INFY MCDOWELL-N ICICI BANK

18.50 4.60 56.05 91.00 7.50 5.45 6.30 6.00 3.90

Nifty Future closed in the red in the last trading session. We advise selling around 6150-6175 with strict stop loss of 6200 for the targets of 6100-6075-6050.

FII DERIVATIVES STATISTICS

BUY SELL OPEN INTEREST AT THE END OF THE DAY Amount in Crores 16496.10 64698.34 29743.07 3139.44 TOTAL NET AMOUNT 111.17 -684.56 -451.27 -32.37 -1057.03 No. of Amount in No. of Amount in No. of Contracts Crores Contracts Crores Contracts INDEX FUTURES INDEX OPTIONS STOCK FUTURES STOCK OPTIONS 126201 539396 271246 39764 3828.63 16259.30 7595.69 1104.66 122767 561704 284702 41060 3717.46 16943.86 8046.96 1137.03 545920 2131719 1052376 105608

INDICES
NIFTY NIFTYJUNIOR BANK NIFTY YOUR MINTVISORY

S2
6046.66 11664.68 10592.6

S1
6073.88 11738.86 10682.9

PIVOT
6121.31 11869.78 10842.65

R1
6148.53 11943.96 10932.95

R2
6195.96 12074.88 11092.7

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DAILY REPORT
29th OCTOBER. 2013

COMMODITY MCX
COMMODITY ROUNDUP Gold was hovering near five-week highs on Monday on growing confidence the U.S. Federal Reserve would stick with its bullion-friendly stimulus measures at a policy meeting later this week. Spot gold was down 0.1 percent at $1,350.86 an ounce by 1057 GMT. On Friday, the metal hit $1,355.20, its highest since Sept. 20. U.S. gold futures for Dec. delivery were down just $1.30 an ounce at $1,351.70.

RECOMMENDATIONS SILVER

TRADING STRATEGY: BUY SILVER ABOVE 50280 TGTS 50480/50780 SL 49980 SELL SILVER BELOW 49100 TGTS 48900/48700 SL 49380 GOLD

Gold traders and some big exporters seem to have come up together to form a cartel to keep domestic market gold prices artificially higher. They ensure this by diverting more gold for exports and domestic market continue to starve of gold amidst control on imports. This has resulted in premiums for physical delivery of yellow metal quoting as high as $100 per ounce which works out to Rs.18002000 per 10 gram. While spot gold was quoting at $1350 per ounce in international market, in Indian market gold including taxes is sold at around $1600 per ounce. At 16:02 hrs MCX SILVERMIC November contract was trading at Rs 49862 up Rs 122, or 0.25 percent. The SILVERMIC rate touched an intraday high of Rs 49988 and an intraday low of Rs 49505. So far 28695 contracts have been traded. SILVERMIC prices have moved up Rs 3859, or 8.39 percent in the November series so far. MCX SILVERMIC February contract was trading at Rs 51270 up Rs 139, or 0.27 percent. The SILVERMIC rate touched an intraday high of Rs 51366 and an intraday low of Rs 50925. So far 1523 contracts have been traded. SILVERMIC prices have moved up Rs 9270, or 22.07 percent in the February series so far. Nickel prices moved up by 0.55% to Rs 895.50 per kg in futures trading yesterday as speculators enlarged their positions, driven by pick up in demand from alloy-maker in the spot market. At the Multi Commodity Exchange, nickel for delivery in October rose by Rs 4.90, or 0.55%, to Rs 895.50 per kg in business turnover of 2,815 lots. Crude oil futures prices fell by 0.25% to Rs 6,029 per barrel on Monday, after speculators reduced exposures amid a subdued trend in Asian trade. At the Multi Commodity Exchange, crude oil for delivery in November fell by Rs 16 or 0.25%, to Rs 6,029 per barrel in 1,067 lots.
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TRADING STRATEGY: BUY GOLD ABOVE 31200 TGTS 31280/31380 SL 30080 SELL GOLD BELOW 30580 TGTS 30500/ 30400 SL 30720 YOUR MINTVISORY

DAILY REPORT
29th 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

1305 3625 3159 6518 6864 1531 12562.5 3780 731.95 4860

+0.31 +0.97 +3.10 +3.36 +4.00 -0.39 +0.34 +1.83 +1.66 +0.25

NCDEX ROUNDUP The Haryana government has fixed a target to achieve production of 127.48 lakh tonnes (LT) of wheat during the ongoing rabi season 2013-14 (October-March) as against the production of 113.42 LT last year. BUY CASTERSEED ABOVE 3650 TGT 3680/3710 SL 3605 SELL CASTORSEED BELOW 3565 TGT 3535/3505 SL 3605 DHANIYA Industry body SOPA has revised its soyabean production estimates downwards for the kharif season, by 7.5 lakh tonnes to 122.34 lakh tonnes, as excess rain has hit crop yields. The Soyabean Processors Association of India (SOPA) has projected soyabean production of 122.34 lakh tonnes in its second estimates for kharif 2013 as against 129.83 lakh tonnes in the first estimates. In 2012 kharif, soyabean production stood at 121.85 lakh tonnes. SOPA has revised its production estimates downward to 56.14 lakh tonnes from 59.47 lakh tonnes in Madhya Pradesh. Red chilli and jeera prices rose up to Rs 300 per quintal in the national capital yesterday largely following pick-up in demand from local parties as well as overseas enquiries. Red chilli prices rose by Rs 300 to settle at Rs 7,000-12,500 per quintal. Jeera common and jeera best quality also increased by Rs 100 each to conclude at Rs 13,100-13,300 and Rs 16,800-17,100 per quintal, respectively. Chana rose by Rs 86 to Rs 3,150 per quintal in futures trade yesterday as traders enlarged their holdings on rising demand in the spot market. At the NCDEX, chana for delivery in November rose by Rs 86, or 2.81%, to Rs 3,150 per quintal, with an open interest of 96,110 lots. Call us at +91-731-6642300

BUY DHANIYA ABOVE 6925 TGT 6955/6985 SL 6885 SELL DHANIYA BELOW 6790 TGT 6760/6730 SL 6830

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DAILY REPORT
29th OCTOBER. 2013

CURRENCY

RBI Reference Rate

Currency Rate Currency Rate

Rupee- $ Euro USD/INR

61.5030 Yen-100 84.8825 GBP

63.0100 99.4934

CURRENCY ROUNDUP Against a basket of major currencies, the greenback was trading near its lowest levels of the year at 79.18 .DXY, with the euro edging higher to reach $1.3810. the dollar was under pressure on a growing conviction that the U.S. Federal Reserve will keep monetary policy loose this week, and for some time to come. The dollar fell towards a nine-month low against a basket of currencies on Monday, with more investors selling on growing confidence the Federal Reserve will keep policy accommodative. Indian rupee as against Friday's closing of 61.46. gained 6 paisa in early trade Monday to 61.40 per dollar The rupee on Monday gained 6 paisa to 61.40 against the dollar in early trade at the Interbank Foreign Exchange market yesterday on increased selling of the US currency by exporters and hurt by a retreat in domestic shares with sentiment remaining cautious ahead of the Reserve Bank of India's monetary policy review on Tuesday. Strengthening of the euro against the dollar in overseas market on expectations that the US Federal Reserve will keep its monetary easing policy in place till early next year boosted the sentiment. A higher opening in the domestic equity market also supported the rupee. The Indian rupee edged down on Monday, a day before the central bank policy review when it is widely expected to raise interest rates to fight inflationary pressures even as the economy grows at its slowest in a decade. The Reserve Bank of India's macroeconomic report released after the close of markets said upside risks to food inflation remain and that it expects the retail and wholesale price inflation to remain above comfort levels. Expectations for a rate hike have grown after data earlier this month showed that both retail and wholesale inflation accelerated, and markets are likely to scrutinize whether the central bank hints on Tuesday at more rate hikes. Meanwhile, the RBI is also expected to continue cutting short-term interest rates, removing measures put in place to support the rupee.

USD/INR (Nov.2013)has closed @61.8725. If it breaks the level of 61.80, it can touch 61.66 & 61.49. If it sustains above 62.36 it can touch the level of 62.51 & 62.73. JPY/INR

JPY/INR has closed @63.3800. If it breaks 63.20, it can touch 63.05 & 62.82. If it sustains above the level of 63.90 it can touch the level of 64.10 & 64.34.

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DAILY REPORT
29th OCTOBER. 2013

CALL REPORT
Contract
OCT. DEC. OCT. DEC. NOV. NOV. NOV. NOV. OCT. OCT. OCT. OCT.

Date
28/10/13 28/10/13 28/10/13 28/10/13 28/10/13 28/10/13 28/10/13 28/10/13 28/10/13 28/10/13 28/10/13 28/10/13

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

PERFORMANCE UPDATES Strategy Entry Level

BUY SELL BUY SELL SELL BUY BUY SELL SELL BUY SELL BUY 30860 30580 50280 49100 3565 3645 6705 6550 61.38 61.68 63.10 63.40

Target
30940-31040 30500-30400 50480-50780 48900-48700 3535-3495 3675-3715 6735-6775 6520-6480 61.23-61.05 61.83-61.94 62.95-62.78 63.55-63.70

SL
30750 30720 49980 49300 3605 3605 6665 6590

Remark
BOOKED FULL PROFIT NOT EXECUTED NOT EXECUTED NOT EXECUTED NOT EXECUTED NO PROFIT NO LOSS BOOKED FULL PROFIT NOT EXECUTED NOT EXECUTED NOT EXECUTED BOOKED PROFIT NOT EXECUTED

Date
28/10/13 28/10/13 28/10/13 28/10/13
TIME (ET) 8:30 AM 8:30 AM 8:30 AM 8:30 AM 9 AM 10 AM 10 AM 8:15 AM 8:30 AM 8:30 AM

Scrip
NIFTY RCOM HINDALCO SHAKTI PUMPS
REPORT

CASH/FUTURE/ OPTION
FUTURE FUTURE FUTURE CASH

Strategy
SELL SELL SELL BUY

Entry Level
6200-6230 145 109 61

Target
6170-6140 142-140 107-105 64-68

SL
6250 148 111 58

Remark
NOT EXECUTED BOOKED PROFIT BOOKED PROFIT SL TRIGGERED
PREVIOUS 0.3% 0.0% 0.2% 0.1% 12.6% Y-O-Y 79.7 0.4% 166,000 0.1% 0.1% N/A 55.7

US ECONOMIC REPORT
PERIOD ACTUAL TUESDAY, OCT. 29 SEPT. SEPT. SEPT. SEPT. AUG. OCT. AUG. WEDNESDAY, OCT. 30 OCT. SEPT. SEPT. THURSDAY, OCT. 31 10/26 Oct. FRIDAY, NOV. 01 OCT. OCT. OCT. -55.1% 15.6 MLN CONSENSUSFORECAST 0.3% 0.1% -0.1% 0.4% -76.6 0.3% 165,000 0.2% 0.1%

PRODUCER PRICE INDEX CORE PPI RETAIL SALES RETAIL SALES EX-AUTOS CASE-SHILLER HOME PRICE INDEX CONSUMER CONFIDENCE INDEX BUSINESS INVENTORIES ADP EMPLOYMENT CONSUMER PRICE INDEX CORE CPI

8:30 am 9:45 am

WEEKLY JOBLESS CLAIMS CHICAGO PMI

N/A 55.0

Nonfarm payrolls report for Oct. will be released on Nov. 8 8:58 AM MARKIT PMI 10 AM TBA ISM MOTOR VEHICLE SALES

52.8 56.2% 15.2 mln

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