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1. DAILY REPORT
08th JANUARY. 2014
Global markets at a glance
European stocks rallied on Tuesday to hit 5 1/2-year highs
as investors betting on economic recovery in southern
Europe scooped up shares from the region. The FTSEurofirst 300 index of top European shares ended 0.8% higher,
at 1,319.74. The euro zone's blue-chip Euro STOXX 50 index gained 1.4%
Japan's Nikkei share average rose to recoup some of the
losses posted earlier in the week after strong trade data in
the U.S. boosted risk appetite, and convenience store operators soared on strong earnings. The Nikkei rose 0.8 % to
15,945.36 in mid-morning trade after dropping 0.6 % on
the previous day. On Monday, the index shed 2.4 %.
World Indices
Index
Value
% Change
16,530.94
+0.64
S&P 500
1,837.88
+0.61
NASDAQ
EURO STO
FTSE 100
4,153.18
3,110.96
6,755.45
+0.96
+1.36
+0.37
Nikkei 225
Hong Kong
15,978.34
22,887.79
+1.04
+0.77
DJl
Top Gainers
Company
Wall Street Update
US stocks ended higher on Tuesday, snapping the S&P
500's three-day losing streak to give the index its first positive session of 2014. A sharp decline in US trade deficit and
upbeat German data helped improve market sentiment as
the data pointed to strengthening economic fundamentals
in both US and Europe. The DJI average rose 105.84 pts or
0.64%, to end at 16,530.94. The S&P 500 gained 11.11 pts
or 0.61%, to finish at 1,837.88. The Nasdaq Composite
added 39.501 pts or 0.96%, to close at 4,153.182.
CMP
Change
% Chg
MARUTI
1849
41.30
+2.28
INDUSINDBK
419.90
6.60
+1.60
M&M
906.95
11.55
+1.29
SUNPHARMA
594.20
5.95
+1.01
1050.60
9.80
+0.94
CMP
Change
% Chg
393
15.30
-3.75
616.10
21.15
-3.32
TATAPOWER
79.70
SSLT
193.95
BPCL
Stocks at 52 Week’s high 322.40
2.15
5.00
7.40
-2.63
-2.51
-2.24
Prev. Close
Change
%Chg
ARVIND
152.80
0.65
0.43
AUROPHARMA
411.20
-6.40
-1.55
BIOCON
480.80
-5.80
-1.21
CEATLTD
369.70
-3.30
-0.89
LT FOOD
87.90
1.10
1.25
Prev. Close
Change
%Chg
9.40
-1
-10.64
CMP
Change
% Chg
6162.25
20693.24
-29.20
94.06
-0.47
-0.45
ICICIBANK
Top Losers
Company
TATASTEEL
Previous day Roundup
The 30-share Sensex, after opening on a better note, rose
to touch a high of 20,890.48 pnts. However, emergence of
profit-taking shaved off gains and the index closed at
20,693.24 pts, logging a fall of 94.06 pts, or 0.45%. This is
its lowest closing since 20,612.14 on Dec 17, 2013.On similar lines, NSE index Nifty also moved down by 29.20 pts, or
0.47%, to 6,162.25, after touching the day's high of
6,221.50. The SX40 index, the flagship index of MCX-SX,
closed 52.78 pts down at 12,338.18.
Index stats
The Market was very volatile in yesterday session where
Bankex and Bank Nifty both closed almost flat (down
0.18% and down 0.11% respectively). Among the sartorial
indices almost all the sectors were down; IT [down
118.08pts], PSU [down 70.01pts], FMCG [down 4.69pts]
Realty [down 23.61pts], TECK [down 52.84pts], Oil & Gas
[down 116.50pts], Metals [down 162.88pts], Power [down
21.25pts] and the index advanced were Consumer Durables [up 12.24pts], Healthcare [up 12.47pts], Capital
Goods [up 48.37pts], AUTO [up 11.05pts].
BANKBAROODA
Symbol
Stocks at 52 Week’s Low
Symbol
WINSOME
Indian Indices
Company
NIFTY
SENSEX
YOUR MINTVISORY
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2. DAILY REPORT
08th JANUARY. 2014
EQUITY CASH & FUTURE
STOCK RECOMMENDATIONS [FUTURE]
1. TATASTEEL
STOCK RECOMMENDATION [CASH]
1. EVERONN EDUCATION
TATA STEEL FUTURE is looking weak on charts, short build
up has been seen, we may see more downside, if it continues to trade below 400 levels. We advise selling around 395
-400 levels with strict stop loss 408 for the targets of 388382 levels.
EVERONN EDUCATION is looking strong on charts. We advice buying above 47 levels with strict stop loss of 42 for the
targets of 52-59 levels.
2. MARUTI
MARUTI FUTURE is looking strong on charts, long build up
has been seen, we may see more upside, if it sustains
above 1850 levels. We advise buying around 1850-1860
levels with strict stop loss 1830 for the targets of 18801900 levels.
YOUR MINTVISORY
MACRO NEWS
 First National Wind Energy Mission to begin by mid2014.
 Govt to push discoms to purchase hydropower.
 EGoM to consider Indian Oil disinvestment on January
9
 Stemcor extends time for Indian assets sale by about a
month
 Non-farm jobs to slump by 25 per cent in FY13-19 period: Crisil
 Government may discuss Rs 12,800 crore refund to
BSNL, MTNL on January 9.
 SpiceJet orders around 40 Boeing 737 MAX jets worth
over $4 billion.
 Government likely to lift curb on gold imports
 Road to recovery gets bumpier for infrastructure companies going through CDR process.
 Crisil estimates non-farm employment will decrease
more than 25% to 38 million in FY 2013-19 compared
with 52 million seen in FY 2005-12.
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3. DAILY REPORT
FUTURE & OPTION
08th JANUARY. 2014
STOCKS IN NEWS
 Meeting on January 9 to discuss IOC divestment.
 FM meets Power Grid , IOC , NTPC, SAIL, BHEL to discuss dividend payouts.
 NMDC production rises 37% in Q3 FY14; despatches
up 40%
 Tata Steel fined over accident in UK plant.
 NTPC signs initial pact for Chhattisgarh geothermal
project.
 L&T Electrical and Automation aims at Rs 5,000 crore
revenue this year.
NIFTY FUTURE
MOST ACTIVE PUT OPTION
Symbol
Option
Type
Strike
Price
LTP
Traded
Volume
(Contracts)
Open
Interest
NIFTY
PE
6,200
95.80
3,04,285
40,87,850
NIFTY
PE
6,100
57.25
2,64,632
41,40,700
NIFTY
PE
6,000
33.25
1,93,011
48,30,650
BANK NIFTY
PE
11,000 238.00
22,477
1,96,975
SBIN
PE
1,650
46.80
4,482
1,74,750
INFY
PE
3,300
71.50
2,935
3,53,250
RELIANCE
PE
840
17.95
1,930
3,05,500
TATASTEEL
PE
400
13.60
1,667
6,18,000
MOST ACTIVE CALL OPTION
Symbol
Option
Type
Strike
Price
LTP
Traded
Volume
(Contracts)
Open
Interest
NIFTY
CE
6,300
48.15
2,97,246
52,65,800
NIFTY
CE
6,200
91.00
2,26,182
28,94,250
NIFTY
CE
6,400
22.65
2,06,067
39,19,800
BANKNIFTY
CE
11,500
131.20
33,977
2,25,675
SBIN
CE
1,700
36.50
6,929
3,75,125
RELIANCE
CE
860
16.95
3,754
6,12,250
MCDOWELL
-N
CE
2,800
61.60
2,564
1,51,000
SBIN
CE
1,800
12.70
6,306
8,73,125
TATASTEEL
CE
420
4.00
2,002
9,65,000
Nifty Future closed in the red in the last trading session.
We advise selling below 6170 with strict stop loss of
6200 for the targets of 6140-6120 levels.
FII DERIVATIVES STATISTICS
BUY
SELL
OPEN INTEREST AT THE END OF THE DAY
No. of Amount in
No. of Amount in
No. of
Contracts
Crores Contracts
Crores Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES
44453
1354.30
87789
2683.75
446811
13713.54
-1329.44
INDEX OPTIONS
348186
10606.24
345498
10572.38
1113649
34195.37
33.87
STOCK FUTURES
61129
1983.22
56474
1848.81
1002952
31629.34
134.41
STOCK OPTIONS
42609
1315.08
41818
1268.45
60063
1973.56
46.64
TOTAL
-1114.52
INDICES
NIFTY
S2
S1
PIVOT
R1
R2
6099.41
6130.83
6176.16
6207.58
6252.91
NIFTYJUNIOR
12521.53
12598.21
12731.88
12808.56
12942.23
BANK NIFTY
10765.71
10901.23
11027.66
11163.18
11289.61
YOUR MINTVISORY
Call us at +91-731-6642300

4. DAILY REPORT
08th JANUARY. 2014
COMMODITY MCX
RECOMMENDATIONS
SILVER
COMMODITY ROUNDUP
India's iron ore production is set to see a moderate growth
of 10-12 per cent to 150 million tonnes (mt) in FY15, following a small decline in FY14. The growth is likely to come
from Karnataka and Goa but the production cap in Odisha
will restrict it.
The GOLD rate touched an intraday high of Rs 29060 and
an intraday low of Rs 28002. So far 16380 contracts have
been traded. Gold Price was taking support at 28800
traded in sideways big range all day. In evening session
gold price have broke the nearest support 28900 and
made low of 28002
The SILVER rate touched an intraday high of Rs 45575 and
an intraday low of Rs 44350. So far 25680 contracts have
been traded. Silver opened at morning with gap up and
made day high. In mid session silver traded in narrow range
and made night low 44350 . After evening there had been
seen more selling in silver and it will helpful to break the
nearest support 44300.
TRADING STRATEGY:
BUY SILVER ABOVE 44700 TGTS 44900/45200 SL 44340
SELL SILVER BELOW 44280 TGTS 44080/43780 SL 44630
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 29020 TGTS 29100/29200 SL 28900
SELL GOLD BELOW 28790 TGTS 28710/28610 SL 28900
YOUR MINTVISORY
Officials are in discussions to cut a record high import duty
on gold and relax rules on exports . India imposed the curbs
last year when overseas gold purchases - the country's second most expensive import after oil - pushed its current
account deficit to a record and undermined the rupee currency. With three duty hikes last year to a record 10% and
onerous restrictions tying purchases to exports, official arrivals shrank almost 90 percent in the six months to November, helping China displace India as the world's top gold
buyer. The decision to cut the import duty is likely to be
taken anytime this month.
MCX Copper is trading in a weak mode even as LME Copper
showed signs of recovery on Tuesday trades. In an important data that was keenly watched by the traders, LME inventories again showed a decline on Tuesday. The data of
LME warehouse showed a decline of 3050 tonnes in Copper. The total inventories have come down to 353075 tonnes. A constant decline has been noted that has helped to
shift Copper to backwardation. The futures prices of Copper were at $ 7323 per tonne, against $ 7343 per tonne.
Indian Copper was trading at Rs 466.2 per kg, down 0.18%.
The prices are expected to decline further to Rs 462 per kg.
The prices are resisted at Rs 469 per kg on the higher side.
Call us at +91-731-6642300

5. DAILY REPORT
08th JANUARY. 2014
NCDEX
RECOMMENDATIONS
CASTORSEED
NCDEX INDICES
Index
Value
% Change
Castor Seed
4326
-3.35
Chana
2983
-1.94
Coriander
7989
-0.45
Cotton Seed Oilcake
1532
+0.16
12525
+0.66
1215
-0.55
3693.5
-1.18
Soy Bean
2806
+0.61
Turmeric
6860
+0.32
Jeera
Maize– Feed/
Industrial Grade
Mustard seed
BUY CASTORSEED FEB ABOVE 4405 TGTS 4435,4485 SL
4355
SELL CASTORSEED FEB BELOW 4350 TGTS 4320,4270 SL
4400
DHANIYA
NCDEX ROUNDUP
The government's new series of tenders for wheat exports
opening from Wednesday may evoke a tepid response
from private traders amid weak global demand. Akin to
major wheat suppliers, India is sitting on huge stockpiles of
wheat and trading companies expect prices to soften to
$270-280 a tonne free on board (FOB). But extreme cold
conditions in the United States are said to be damaging the
wheat crop. On Tuesday morning, Chicago Board of Trade
( CBOT) March wheat climbed 0.3% to $6.07 a bushel. This
could reflect in an uptick in global prices in the coming
weeks.
Edible oil imports could break a record to touch 11 million
tonnes (mt) this year, on rising demand from middle class
following sustained pressure on prices.
BUY DHANIYA JAN BELOW 8000 TGTS 8030,8080 SL 7950
SELL DHANIYA JAN BELOW 7820 TGTS 7790,7740 SL7870
YOUR MINTVISORY
Soyameal exports fell 8% to 4.71 lakh tonnes in December
2013 due to lower arrivals, according to the industry data.
Shipments of soyameal stood at 5.11 lakh tonnes (LT) in
the same month a year ago
Call us at +91-731-6642300

6. DAILY REPORT
08th JANUARY. 2014
CURRENCY
RBI Reference Rate
Currency
Rate Currency
Rupee- $
62.3790 Yen-100
Euro
84.9720 GBP
JPY/INR
SELL JPY/INR BELOW 59.78 TGTS 59.63, 59.45 SL 60.13.
BUY JPY/INR ABOVE 60.19 TGTS 60.34, 60.49 SL 59.84.
USD/INR
SELL USD/INR BELOW 62.46 TGTS 62.31, 62.16 SL 62.81.
BUY USD/INR ABOVE 62.80 TGTS 62.95, 63.10 SL 62.45.
YOUR MINTVISORY
Rate
59.7100
102.2454
CURRENCY ROUNDUP
The dollar rose to session highs against the euro and the
yen on Tuesday after data showed that the U.S. trade deficit shrank to the lowest level in four years in November.
EUR/USD fell to session lows of 1.3572 and was last down
0.21% to 1.3598. The greenback was boosted after the
Commerce Department said the U.S. trade deficit narrowed to USD34.25 billion in November from a revised
deficit of USD39.33 billion in the previous month. Economists had expected the U.S. trade deficit to widen to
USD40 billion. U.S. exports rose 0.9% to a record high of
USD194.9 billion, while imports fell 1.4% to USD229.1 billion. The dollar hovered near a one-month high against a
basket of major currencies early in Asia on Wednesday,
having rebounded smartly overnight on the back of upbeat
U.S. trade data.
The dollar index rose as far as 80.946, reaching highs seen
in early December after the United States posted its smallest trade deficit in four years as exports hit a record high. It
last stood at 80.875. In contrast, investors dumped the Canadian dollar on news that activity by purchasing managers nosedived unexpectedly in December, while the country's trade deficit was far larger than forecast. That saw the
greenback jump more than 1 percent to C$1.0782.
The Indian rupee came out of initial hesistancy, in an otherwise narrow range of trade on Tuesday, and ended almost flat at 62.30 against the US dollar on late selling by
exporters, amid a stable Greenback overseas. The rupee
commenced lower at 62.40 a dollar from previous close of
62.31 and declined further to a low of 62.47 on early dollar
demand from importers and weakness in domestic stocks.
It, later, bounced back to a high of 62.29 on late dollar selling by exporters before concluding at 62.30, showing a
mere rise of one paisa. The Indian currency had fallen by
15 paise, or 0.24 per cent, on Monday.
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7. DAILY REPORT
08th JANUARY. 2014
CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Currency
Pairs
Contract
Strategy
Entry Level
Target
Stop Loss
Remark
07/01/14
MCX GOLD
FEB.
BUY
29260
29340-29440
29150
NOT EXECUTED
07/01/14
MCX GOLD
FEB.
SELL
29000
28920-28820
29101
BOOKED FULL PROFIT
07/01/14
MCX SILVER
MAR.
BUY
45550
45750-46050
45150
SL TRIGGERED
07/01/14
MCX SILVER
MAR.
SELL
45250
45050-44750
45600
BOOKED FULL PROFIT
07/01/14
NCDEX CASTOR SEED
FEB.
SELL
4485
4455-4405
4535
BOOKED FULL PROFIT
07/01/14
NCDEX CASTOR SEED
FEB.
BUY
4610
4640-4690
4560
NOT EXECUTED
07/01/14
NCDEX DHANIYA
JAN.
SELL
7910
7880-7830
7960
BOOKED FULL PROFIT
07/01/14
NCDEX DHANIYA
JAN.
BUY
8080
8110-8160
8030
BOOKED FULL PROFIT
07/01/14
JPY/INR
JAN.
SELL
59.74
59.60-59.45
60.10
NOT EXECUTED
07/01/14
JPY/INR
JAN.
BUY
60.36
60.51-60.73
60.00
NOT EXECUTED
07/01/14
GBP/INR
JAN.
SELL
102.30
102.12-101.90
102.70
NOT EXECUTED
07/01/14
GBP/INR
JAN.
BUY
102.73
102.94-103.15
102.33
NO PROFIT NO LOSS
Date
Scrip
CASH/
FUTURE/
OPTION
Strategy
Entry Level
Target
Stop Loss
Remark
07/01/14
NIFTY
FUTURE
SELL
6200
6150-6110
6250
CALL OPEN
07/01/14
CESC
FUTURE
BUY
475
482-489
468
NOT EXECUTED
07/01/14
VOLTAS
FUTURE
BUY
122
124-126
120
BOOKED PROFIT
07/01/14
MASTEK
CASH
BUY
180-182
187-192
175
BOOKED PROFIT
06/01/14
NIFTY
FUTURE
BUY
6230-6250
6280-6300
6200
SLTRIGGERED
YOUR MINTVISORY
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8. DAILY REPORT
08th JANUARY. 2014
ECONOMIC CALENDAR
NEXT WEEK'S U.S. ECONOMIC REPORTS
TIME (ET)
REPORT
PERIOD
ACTUAL
CONSENSUS FORECAST
PREVIOUS
MONDAY, JAN . 06
10 am
ISM nonmanufacturing
Dec.
54.6%
53.9%
10 am
Factory orders
Nov.
1.6%
-0.9%
-$39.9 bln
-$40.6 bln
230,000
215,000
--
$18.2 bln
N/A
339,000
TUESDAY, JAN. 07
8:30 am
Trade deficit
Nov.
WEDNESDAY, JAN. 08
8:15 am
ADP employment
Dec.
2 pm
FOMC minutes
12/18
3 pm
Consumer credit
Nov.
THURSDAY, JAN. 08
8:30 am
Weekly jobless claims
1/4
FRIDAY, JAN. 09
8:30 am
Nonfarm payrolls
Dec.
190,000
203,000
8:30 am
Unemployment rate
Dec.
7.0%
7.0%
10 am
Wholesale inventories
Nov.
--
1.4%
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