Asian stocks pulled back sharply early Monday, tracking sharp declines on Wall Street last Friday, as investors fret- ted about the relentless slide in energy prices and declining manufacturing sentiment in Japan.

1. DAILY REPORT
16th DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian stocks pulled back sharply early Monday, tracking sharp declines on Wall Street last Friday, as investors fret- ted about the relentless slide in energy prices and declining manufacturing sentiment in Japan. Japan's benchmark Nik- kei 225 trimmed losses early Monday, after dropping more than 300 points at the open, as a rebound in dollar-yen helped calm jitters caused by worsening business senti- ment in the country.
MSCI's broadest index of Asia-Pacific shares outside Ja- pan .MIAPJ0000PUS fell to its lowest level since March at one point, and last stood down 0.8 percent. Japan's Nikkei share average .N225 fell 1.6 percent, drawing little momen- tum from Japanese Prime Minister Shinzo Abe's big elec- tion victory on Sunday, which was a boost for his reflation- ary economic policies.
European shares edged up after suffering their biggest weekly loss in more than three years last week as Brent prices edged off their lows. The pan-European FTSEurofirst 300 index .FTEU3 rose 0.1 percent to 1,323.19 points.
Previous day Roundup
Continuing its sluggish mode, the market ended flat. The Sensex was down 31.12 points at 27319.56 and the Nifty was down 4.50 points at 8219.60. About 1178 shares ad- vanced, 1728 shares declined, and 108 shares were un- changed. HDFC rose 5 percent while Coal India jumped 4 percent. ONGC, Hero and HDFC Bank were other top gain- ers in the Sensex. TCS losr 3.5 percent. Among other lag- gards were Sesa Sterlite, HUL, Tata Steel and Axis Bank.
Index stats
The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down 193.33pts], Capital Goods [down 134.23pts], PSU [up 14.61pts], FMCG [down 79.11pts], Realty [don 32.94pts], Power [down 11.04pts], Auto [down 70.52pts], Healthcare [down 58.00pts], IT [down 200.09pts], Metals [up 17.38Pts], TECK [down 83.05pts], Oil& Gas [down 48.26pts].
World Indices
Index
Value
% Change
D J l
17,180
84
-0.58%
S&P 500
1,989.63
-0.63%
NASDAQ
4,605.16
-1.04%
EURO STO
2,982.90
-2.75%
FTSE 100
6,182.72
-1.87%
Nikkei 225
16,779.76
-1.87%
Hong Kong
Top Gainers
Company
CMP
Change
% Chg
KOTAKBANK
1,314.00
66.70
5.35
HDFC
1,125.75
56.25
5.26
COALINDIA
377.80
13.45
3.69
GRASIM
3,425.10
64.45
1.92
AMBUJACEM
229.90
4.10
1.82
Top Losers
Company
CMP
Change
% Chg
DLF
144.70
7.35
-4.83
BPCL
638.70
28.90
-4.33
TECHM
2,493.00
95.55
-3.69
TCS
2,365.00
85.70
-3.50
SSLT
211.50
4.40
-2.04
Stocks at 52 Week’s High
Symbol
Prev. Close
Change
%Chg
AJANTPHARM
2,657.00
-46.10
-1.71
BAJAJCORP
357.00
16.75
4.92
INDUSINDBK
786.95
8.30
1.07
KOTAKBANK
1,314.00
66.70
5.35
DHFL
431.00
20.80
5.07
Indian Indices
Company
CMP
Change
% Chg
NIFTY
8219.60
-4.50
-0.05
SENSEX
27319.56
-31.12
-0.11
Stocks at 52 Week’s Low
Symbol
Prev. Close
Change
%Chg
CAIRN
241.35
-0.75
-0.31
RCOM
87.00
-2.50
-2.79

2. DAILY REPORT
16th DECEMBER 2014
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STOCK RECOMMENDATIONS [FUTURE]
1. ADANI PORTS [FUTURE]
ADANI PORTS FUTURE is looking strong on charts, long build
up has been seen, we may see more upside, if it sustains
above 288 levels. We advise buying around 286-288 levels
with strict stop loss of 282 for the targets of 292-296 levels.
2. AMBUJA CEMENT [FUTURE]
AMBUJA CEMENT FUTURE is looking strong on charts, long
build up has been seen, we may see more upside, if it sus-tains
above 230 levels. We advise buying around 228-230
levels with strict stop loss of 225 for the targets of 232-235
levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. EVERONN EDUCATION
EVERRON EDUCATION is looking strong on charts, we may
see more upside, if it sustains above 40 levels. We advise
buying around 38-40 levels with strict stop loss of 35 for
the targets of 42-45 levels.
MACRO NEWS
The November Wholesale Price Index (WPI) based infla-tion
came in at zero versus 1.77 percent in October and
7.52 percent in the previous year corresponding period
following a continuous decline in fuel and food prices. As
per the data released by government on Monday, food
inflation fell by 0.39% MoM with vegetables contributing
the most. Year-on-year, the vegetable prices slipped 30
percent owing to a high base effect. Manufacturing
products inflation fell to 2.04 percent from 2.43 percent
in October. The fuel and power group, which has 15 per-cent
weightage on the index, declined by a whopping 5.4
percent month-on-month due to lower crude prices.
The government has no plans to ban export of iron ore
but conservation of the steel-making raw material is of
"paramount importance. The Government has decided
that although conservation of iron ore resources is of
paramount importance, the same may not be achieved
by banning to capping export of iron ore but taking re-course
to appropriate fiscal measures

3. DAILY REPORT
16th DECEMBER 2014
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FUTURE & OPTION
MOST ACTIVE PUT OPTION
Symbol
Op- tion
Type
Strike Price
LTP
Traded Volume (Contracts)
Open Interest
NIFTY
PE
8,200
38.3
9,73,773
51,30,925
NIFTY
PE
8,100
16.15
5,76,268
47,30,800
NIFTY
PE
8,300
80.45
5,63,129
36,85,350
BANKNIFTY
PE
18,000
73
65,298
8,64,675
TCS
PE
2,350
26
3,616
1,54,625
RELAINCE
PE
880
11.55
3,352
3,10,000
RELAINCE
PE
860
5.4
3,137
1,78,750
LT
PE
1,500
19.1
2,903
2,65,750
MOST ACTIVE CALL OPTION
Symbol
Op- tion
Type
Strike Price
LTP
Traded Volume (Contracts)
Open Interest
NIFTY
CE
8,300
55.85
9,64,374
38,43,875
NIFTY
CE
8,400
23.5
9,49,333
56,12,600
NIFTY
CE
8,500
9.7
5,12,426
68,45,950
BANKNIFTY
CE
19,000
61
67,753
10,64,350
RELAINCE
CE
920
4.35
3,850
9,92,750
TCS
CE
2,400
27.2
3,769
1,39,375
SBIN
CE
320
4.1
3,372
60,23,750
TATASTEEL
CE
420
4.45
2,860
8,01,500
FII DERIVATIVES STATISTICS
BUY
OPEN INTEREST AT THE END OF THE DAY
SELL
No. of
Contracts
Amount in Crores
No. of
Contracts
Amount in Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES
81331
1825.52
74693
1646.89
843369
18780.78
178.62
INDEX OPTIONS
838940
19784.05
879191
20744.64
2645899
64666.79
-960.59
STOCK FUTURES
64756
1881.87
89053
2771.21
1794076
52073.35
-889.34
STOCK OPTIONS
71294
2165.73
73775
2237.86
90212
2687.50
-72.13
TOTAL
-1743.44
STOCKS IN NEWS Ranbaxy gets nod to launch Synriam in 7 African coun- tries The Lok Sabha has passed the Coal Mines Bill. The Bill will replace Coal Block Allocation Ordinance, promul- gated by the Centre after the SC decided to cancel 204 coal blocks in September. The legislation will boost coal production, increase transparency and will also lead to a drop in electricity prices.
NIFTY FUTURE
Nifty Future closed flat in the last trading session. We advise buying around 8290-8300 with strict stop loss 8240 for the targets of 8350-8400
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
8,294.73
8,257.17
8,204.83
8,167.27
8,114.93
BANK NIFTY
18,646.12
18,509.38
18,333.32
18,196.58
18,020.52

4. DAILY REPORT
16th DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
RECOMMENDATIONS
SILVER
BUY SILVER MAR ABOVE 38500 TGTS 38700,39000 SL BE- LOW 38200
SELL SILVER MAR BELOW 38200 TGTS 38000,37700 SL ABOVE 3850
TRADING STRATEGY:
GOLD
BUY GOLD FEB ABOVE 27400 TGTS 27480,27590 SL BE- LOW 27310
SELL GOLD FEB BELOW 27200 TGTS 27120,27020 SL ABOVE 27290
TRADING STRATEGY:
COMMODITY ROUNDUP
Oil prices touched fresh 5-1/2-year lows on Monday, spur- ring an emerging market selloff as demand for the safe- haven yen picked up while European stocks stabilized after their worst week since 2011. U.S. crude futures CLc1 fell more than 2.5 percent at one point to as low as $56.25 per barrel CLc1 before rising back into positive territory. They were last up 1.0 percent at $58.40 but have fallen more than 40 percent this year.
Crude palm oil futures prices were up by 0.28% at Rs 425 in futures trade yesterday as traders created fresh positions amidst pick up in spot demand. Furthermore, restricted stocks in physical market on fall in supplies from the major producing belts also supported the upside, traders said. At the Multi Commodity Exchange, crude palm oil for January rose by Rs 1.20, or 0.28%, to Rs 425 per 10 kg on a trading volume of 54 lots. Similarly, the oil for delivery in December went up by 0.90 paise, or 0.21%, to Rs 419 per 10 kg, with a business volume of 83 lots.
Zinc futures prices yesterday edged up by 0.55% to Rs 138.10 per kg as participants enlarged positions amid a firming trend at the London Metal Exchange. At the Multi Commodity Exchange, zinc for delivery in January moved up by 75 paise, or 0.55%, to Rs 138.10 per kg, with a business turnover of eight lots. The metal for delivery in current month also rose marginally by 20 paise, or 0.15%, to Rs 137 per kg in a business volume of 121 lots. Fresh positions cre- ated on firming trend in the base metals pack overseas on speculation that China will further stimulate the economy of the world's biggest metals consumer, supported the rise in zinc futures.
Tracking a weak trend overseas, silver prices fell sharply by 1% to Rs 38,320 per kg in futures trade yesterday as specu- lators indulged in offloading positions. At the Multi Com- modity Exchange, silver for delivery in March next year con- tracts lost Rs 387, or 1.00%, to Rs 38,320 per kg with a turn- over of 648 lots. Also, silver for delivery in far-month May contracts was trading Rs 395, or 0.98% down at Rs 38,951 per kg in a business volume of 10 lots.

5. DAILY REPORT
16th DECEMBER 2014
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RECOMMENDATIONS
DHANIYA
BUY DHANIYA JAN ABOVE 13080 TGTS 13110,13160 SL 13030
SELL DHANIYA JAN BELOW 13000 TGTS 12970,12920 SL 13050
GUARSGUM
BUY GUARGUM JAN ABOVE 13350 TGTS 13400,13500 SL 13260
SELL GUARGUM JAN BELOW 13200 TGTSS 13150,13050 SL 13290
NCDEX
NCDEX ROUNDUP
Cardamom prices rose 1.37% to Rs 877.50 per kg in futures trade yesterday largely on the back of pick-up in demand in the spot market amid low stocks. At the Multi Commodity Exchange, cardamom for the January 2014 contract gained Rs 11.90, or 1.37%, to Rs 877.50 per kg with a trading volume of 328 lots. The spice for delivery in February higher by Rs 10.80 or 1.21%, to Rs 900.80 per kg, with a business volume of 21 lots. A firming trend at the spot market on the back of pick-up in demand attributed the rise in cardamom prices in the futures market.
World coffee production in the ongoing 2014-15 crop year is set to decline around 2.9% to 141 million bags as compared to 145.2 million bags in 2013-14. The drop in production is mainly attributed to the drought in Brazil, the world's largest producer of beans.
Oilseed crushing this oil year (November to October) is expected to be lower than last year by 15-20% on the back of higher imports of edible oil and lower arrivals of soybean on the spot markets. Also, only 40 per cent of the total crushing capacity in India is being used due to pricing disparity.
NCDEX INDICES
Index
Value
% Change
CASTOR SEED
4702
+0.69
CHANA
2987
-0.50
CORIANDER
12539
+0.40
COTTON SEED
1418
+0.42
GAUR SEED
4354
+1.47
JEERA
12850
-0.08
MUSTARDSEED
4001
-0.47
SOYBEAN
3270
+0.40
SUGAR M GRADE
2510
-2.18
TURMERIC
6662
+4.00

6. DAILY REPORT
16th DECEMBER 2014
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EUR/INR
BUY EURINR DEC FROM DOWN LEVEL (77.45-77.50) TGT 77.70 ,77.90 SL 77.25
SELL EURPINR DEC BELOW 78.30 TGT 78.10,77.90 SL 78.50
GBP/INR
BUY GBPINR DEC ABOVE 99.00 TGT 99.20 ,99.40 SL 98.75
SELL GBPINR DEC BELOW 98.85 TGT 98.65,98.45,SL 99.05
CURRENCY MARKET UPDATES:
The Indian rupee declined in the opening trade on Monday. It has slipped by 21 paise at 62.50 per dollar against 62.29 Friday. The dollar cut its losses against the euro, extended gains against the yen and reached an 11-year high against the Norwegian Crown on plunging oil prices.
Putting Indian markets on fire, the foreign investors have pumped in over Rs one-lakh crore of so-called 'hot money' into stocks during 2014 - taking their cu- mulative net investments here beyond Rs 10 lakh crore.
As an eventful year draws to a close, the Foreign Insti- tutional Investors (FIIs) have made a net investment of nearly Rs 1.05 lakh crore so far in 2014 and a further Rs 1.6 lakh crore into debt markets - resulting into a total of overRs 2.6 lakh crore ($43.4 billion).This has taken their cumulative net investments into the Indian equity markets, since being allowed over two decades ago in November 1992, at close to Rs 8 lakh crore.
The cumulative figure for debt securities has also grown to Rs 2.6 lakh crore -- taking the total for overall Indian markets to Rs 10.54 lakh crore (over $214 bil- lion).
US Dollar to Indian Rupee Exchange Rate is at a current level of 61.90, up from 61.78 the previous market day and up from 61.60 one year ago. This is a change of 0.19% from the previous market day and 0.49% from one year ago.
RBI Reference Rate
Currency
Rate
Currency
Rate
Rupee- $
62.6529
Yen-100
52.9400
Euro
78.0154
GBP
98.5342
MCX COMMODITIES & CURRENCY

7. DAILY REPORT
16th DECEMBER 2014
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CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Currency Pairs
Contract
Strategy
Entry Level
Target
Stop Loss
Remark
15/12/14
MCX GOLD
MAR.
BUY
27310
27390-27490
27210
BOOKED FULL PROFIT
15/12/14
MCX GOLD
MAR
SELL
27150
27070-26970
27240
BOOKED PROFIT
15/12/14
MCX SILVER
FEB.
BUY
38900
39100-39400
38600
NOT EXECUTED
15/12/14
MCX SILVER
FEB.
SELL
38300
38100-37800
38600
SL TRIGGERED
15/12/14
NCDEX GUARGUM
JAN
BUY
11930
11980-12080
11840
BOOKED FULL PROFIT
15/12/14
NCDEX GUARGUM
JAN
SELL
11750
11700-11600
11840
BOOKED FULL PROFIT
15/12/14
NCDEX DHANIYA
JAN
BUY
13050
13080-13130
13000
BOOKED PROFIT
15/12/14
NCDEX DHANIYA
JAN
SELL
12910
12880-12830
12960
BOOKED FULL PROFIT
15/12/14
EUR/INR
DEC.
BUY
77.30- 77.35
77.55-77.75
77.10
NOT EXECUTED
15/12/14
EUR/INR
DEC.
SELL
78.30- 78.35
78.10-77.90
78.50
NO PROFIT NO LOSS
15/12/14
GBP/INR
DEC.
BUY
97.60- 97.55
97.80-98.00
97.40
NOT EXECUTED
15/12/14
GBP/INR
DEC.
SELL
98.70- 98.75
98.50-98.30
98.95
SL TRIGGERED
Date
Scrip
CASH/ FUTURE/ OPTION
Strategy
Entry Level
Target
Stop Loss
Remark
15/12/14
NIFTY
FUTURE
SELL
8260-8250
8210-8160
8310
CALL OPEN
15/12/14
MARUTI
FUTURE
BUY
3350-3400
3450-3500
3300
CALL OPEN
15/12/14
RELINFRA
FUTURE
SELL
530-540
510-490
560
CALL OPEN
15/12/14
TATA SPONGE
CASH
BUY
640-650
670-690
620
BOOKED PROFIT
12/12/14
NIFTY
FUTURE
SELL
8315-8310
8265-5215
8365
BOOKED PROFIT
12/12/14
IDFC
FUTURE
BUY
158-160
164-168
155
CALL OPEN
11/12/14
HINDPETRO
FUTURE
SELL
573
553-520
593
BOOKED PROFIT
08/12/14
JINDALSTEEL
FUTURE
SELL
146
138-128
160
BOOKED PROFIT

8. DAILY REPORT
16th DECEMBER 2014
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NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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Disclaimer
TIME (ET)
REPORT
PERIOD
ACTUAL
CONSENSUS FORECAST
PREVIOUS
MONDAY, DEC. 15
8:30 AM
EMPIRE STATE INDEX
DEC.
12.5
10.2
9:15 AM
INDUSTRIAL PRODUCTION
NOV.
0.6%
-0.1%
9:15 AM
CAPACITY UTILIZATION
NOV.
79.3%
78.9%
10 AM
HOME BUILDERS' INDEX
DEC.
57
58
TUESDAY, DEC. 16
8:30 AM
HOUSING STARTS
NOV.
1.02 MLN
1.01 MLN
9:45 AM
MARKIT FLASH PMI
DEC.
--
54.8
WEDNESDAY, DEC. 17
8:30 AM
CONSUMER PRICE INDEX
NOV.
-0.1%
0.0%
8:30 AM
CORE CPI
NOV.
0.2%
0;2%
8:30 AM
CURRENT ACCOUNT
3Q
--
-$99 BLN
2 PM
FOMC STATEMENT
2:30 PM
JANET YELLEN PRESS CONFERENCE
THURSDAY, DEC. 18
8:30 AM
WEEKLY JOBLESS CLAIMS
DEC. 13
N/A
N/A
10 AM
PHILLY FED
DEC.
28.4
40.8
10 AM
LEADING INDICATORS
NOV.
--
0.9%
FRIDAY, DEC. 19
NONE SCHEDULED