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1. DAILY REPORT
14
th
SEPTEMBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
US stocks led global shares higher on Monday after Federal
Reserve policymakers sounded cautious notes on near-
term interest rate increases, while the US currency slipped.
Comments from Fed officials in the past few weeks had
raised speculation of a US rate increase this year and the
European Central Bank and Bank of Japan recently re-
frained from further monetary policy easing, fuelling Fri-
day's broad stocks selloff and rise in bond yields. But US
stocks began to recover on Monday morning after Atlanta
Federal Reserve Bank president Dennis Lockhart said eco-
nomic conditions warrant a "serious discussion" of whether
to raise rates at next week's Fed meeting, adding that there
was no urgency to act.Stocks hit session highs after Fed
Governor Lael Brainard, who some had expected to aban-
don her stance and open the door to higher rates, said the
US central bank must be careful not to remove stimulus too
quickly.
The Dow Jones industrial average rose 239.62 points, or
1.32 percent, to 18,325.07, the S&P 500 gained 31.23
points, or 1.47 percent, to 2,159.04 and the Nasdaq Com-
posite added 85.98 points, or 1.68 percent, to 5,211.89. A
gauge of equities across major markets turned positive on
Brainard's remarks after falling 1 percent earlier in the ses-
sion. It was last up 0.3 percent. European stocks ended
down 1 percent, cutting an earlier loss in half. Asian stocks
finished lower, tracking Wall Street's large decline on Fri-
day. Nikkei futures .NKc1 were flat after having fallen more
than 1.5 percent earlier.
Previous day Roundup
Key benchmark indices tumbled on weak global cues on
first trading day of the week. The barometer index, the S&P
BSE Sensex, lost 443.71 points or 1.54% to settle at
28,353.54. The losses for the Nifty 50 index were higher in
percentage terms than those for the Sensex. The Nifty fell
151.10 points or 1.7% to settle at 8,715.60. The Sensex set-
tled at almost 2-week low. The Nifty settled at 2-week low.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [down
205.61 pts], Capital Goods [down 500.89 pts], PSU [down
226.16 pts], FMCG [down 168.84 Pts], Realty [down 84.31
pts], Power [down 66.85 pts], Auto [down 595.71 pts],
Healthcare [down 294.60pts], IT [ up 89.12pts], Metals
[down 437.74pts], TECK [up 14.46 pts], Oil& Gas [down
232.25 ts].
World Indices
Index Value % Change
DJI 18047.00 +0.21
S&P500 2127.00 +0.22
NASDAQ 5155.25 +1.09
FTSE100 6665.63 -0.53
NIKKEI 16692.64 -0.22
HANG SENG 23252.36 +0.16
Top Gainers
Company CMP Change % Chg
INFY 1,055.00 19.50 1.88
TECHM 464.10 5.80 1.27
WIPRO 482.00 1.35 0.28
TCS 2,358.00 5.55 0.24
RELIANCE 1,046.95 2.40 0.23
Top Losers
Company CMP Change % Chg
HINDALCO 141.20 -13.65 -8.81
YESBANK 1,199.50 -76.75 -6.01
TATASTEEL 371.95 -22.65 -5.74
BANKBARODA 162.10 -9.85 -5.73
AMBUJACEM 260.00 -12.65 -4.64
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
AKSHOPTFBR 20.50 3.40 19.88
APOLSINHOT 305.00 -2.40 -0.78
AXISGOLD 2,867.00 9.70 0.34
BALKRISIND 880.00 -13.15 -1.47
BERGEPAINT 266.10 -2.45 -0.91
BIGBLOC 37.50 0.50 1.35
BIRLACOT 0.10 0.00 0.00
Indian Indices
Company CMP Change % Chg
NIFTY 8715.60 -151.10 -1.70
SENSEX 28353.54 -443.71 -1.54
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
ASTRAZEN 992.05 -8.70 -0.87
BIRLACOT 0.10 0.00 0.00
DIGJAMLTD 10.90 -0.50 -4.39

2. DAILY REPORT
14
th
SEPTEMBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH]
IGL[CASH]
IGL has taken reversal on weekly chart the stock has made
bearish candle last week and and is now trading below
that level. The RSI of the stock has taken reversal from
overbought area with bearish expectation in the index and
bearish candlestick on daily chart ,the stock is expected to
give good down side move below 745 in upcoming ses-
sions, our target is 738-730 with SL above 752.
MACRO NEWS
 Bhattacharya, Kochhar among most powerful women
outside US'
 August CPI falls to 5.05%; July IIP contracts by 2.4%
 L&T Tech IPO subscribed 18% on day 1
 UIDAI to notify regulations under Aadhaar Act 2016
 Nitin Gadkari to lay foundation of 3 projects in Ludhiana
on September 14
 NGT notice to Centre, Delhi govt on Yamuna water taxi
project
 ICICI Bank to offload another 6% in insurance arm in
next 3 yrs
 Cairn India shareholders approve merger with Vedanta
 Tata Steel Q1 loss widens 10-fold to Rs 3,183 cr, EBITDA
up 21%
 Nalco's Q1 net profit dips 26% to Rs 135 cr
 NLC India net profit down by 37 per cent
 Reliance Power Q1 net up 12.5% at Rs 340 cr
 Alok Industries Q1 loss widens to Rs 1,212 crore
 Tata Steel Q1 loss widens 10-fold to Rs 3,183 cr, EBITDA
up 21%
 FinMin to soon float Cabinet note for merger of railway
budget
 Sun Pharma -Buyback offer opens on September 22,
closes on October 5
 Motherson Sumi: -Board Approves Closure Of QIP; Issue
Price At `317/Sh
 DRI Notice To Adani Grp, Essar Pwr For Over-invoicing
Coal & Cap Goods
 Reliance Defence Will Exit Corporate Debt Restructuring
By December
 SAIL –Arcelor JV eyes Gujarat Maharhtra for auto steel
STOCK RECOMMENDATIONS [FUTURE]
1.HINDLACO[FUTURE]
HINDALCO Future in last trading session show some pressure
and stock ended with a bearish candlestick in daily chart, last
session stock open gape down and made a low of 140.05,
and stock break trend line support and ended around 9%
downside .And since last session it rose with rising OI in
short side. So We advise you to sell below 140 for the tar-
gets of 136-130 with strict stop loss of 144.
2.TCS [FUTURE]
Last trading session TCS future given out-performance in IT
sector and ended near day’s high with bullish candlestick in
daily chart and since last session it rose with rising OI in long
side. We may see sharp rise for that it will be good to buy
above 2377 for the target of 2399-2420 with SL of 2350.

3. DAILY REPORT
14
th
SEPTEMBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
FUTURES & OPTIONS
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 9,000 19.00 2,34,217 57,30,600
NIFTY CE 8,900 41.10 2,25,136 46,03,950
NIFTY CE 8,800 78.00 2,22,952 38,48,925
SBIN CE 260 4.55 3,159 33,18,000
YESBANK CE 1,300 12.40 3,120 10,30,400
RELIANCE CE 1,060 14.60 3,001 8,95,500
SBIN CE 270 2.05 2,929 47,28,000
SBIN CE 280 0.95 2,416 30,96,000
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 8,700 88.00 3,23,654 44,47,650
NIFTY PE 8,600 57.20 2,39,644 57,57,825
NIFTY PE 8,800 131.15 1,79,462 31,13,925
YESBANK PE 1,200 40.50 2,684 4,10,900
SBIN PE 250 4.65 2,534 24,24,000
TATASTEEL PE 380 18.30 1,893 8,18,000
RELIANCE PE 1,040 16.00 1,836 3,86,000
RELIANCE PE 1,000 5.15 1,817 10,27,000
FII DERIVATIVES STATISTICS
BUY OPEN INTEREST AT THE END OF THE DAYSELL
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES 46868 3210.57 56827 3808.09 459243 30668.09 -597.5192
INDEX OPTIONS 713337 50049.87 626980 44471.68 1211676 81391.70 5578.1858
STOCK FUTURES 79395 5513.53 91026 6435.74 899398 59179.60 -922.2065
STOCK OPTIONS 94259 6983.69 94525 6994.05 109845 7535.59 -10.3576
TOTAL 4048.10
STOCKS IN NEWS
 Indiabulls Housing to restructure debt to lower bor-
rowing rate
 Repco Home Finance raises Rs 200 crore via NCDs
 Manappuram Finance raises Rs 200 crore via NCDs
 Tata Chemicals to shut fertiliser plant for 5 weeks
 Wipro enters into partnership with Vectra Networks
 HPCL ex date for 2:1 bonus. Revised F&O lot size of
2100 Future Retail permitted under B group
 NHPC signs agreement with BHEL
NIFTY FUTURE
NIFTY in last trading session saw a big downfall which it
may continue till 8550. The RSI is also indicating bearish-
ness. But Nifty has a small support near current levels
around 8700. once it breaks it, will see more lower lev-
els. Moreover global factors are also supporting the
weakness in the index. So we advise you to sell Nifty be-
low 8700 for the targets of 8620 and 8550 with strict
stop loss of 8800
INDICES R2 R1 PIVOT S1 S2
NIFTY 8768.10 8741.80 8720.60 8694..30 8673.10
BANKNIFTY 19921.00 19855.00 19795.00 19729.00 19669.00

4. DAILY REPORT
14
th
SEPTEMBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY ROUNDUP
COMEX Copper has recovered a bit after testing near two-
month lows. Traders are noting that China is focusing in
producing its own Copper rather than imports from other
parts of the world. China's copper ore and concentrate im-
ports have jumped 34.6% for the first eight months of the
year to 10.86 million tonnes. The metal is currently trading
up 0.43% at $2.1090 per pound. MCX Copper futures closed
around Rs 314.60 per kg in last session and should extend
this recovery.
MCX Gold futures are set for some recovery after hefty
losses in last session. COMEX Gold tumbled as markets di-
gested renewed wave of worries pertaining to the US Fed
interest rate increase. The selling was sparked by comments
from Federal Reserve Bank of Boston president Eric Rosen-
gren that suggests a September rate hike might not be to-
tally off the table. COMEX Gold futures fell heavily on Friday
and extended their slide today as well. The technical cues
turned against the counter as the commodity fell under 50
day EMA. However, some calming comments from other
Fed members have pushed up the metal today and the
counter currently trades at $1329.60 per ounce, up 0.30%
on the day.
The counter has recovered after testing its lowest levels in
last one week for the commodity. MCX Gold futures closed
down half a percent at Rs 31070 per 10 grams yesterday
and should recover towards Rs 31200 levels in evening ses-
sion today. However, the sentiments are wobbly and given
the stressed technical cues, the commodity might find it
difficult to hold onto highs. The gain in the weekly specula-
tive positions put the net bullish position in gold at over
+300,000 contracts for the first time since July 5th when
total net positions equaled +315,963 contracts.
A sharp slowdown in global oil demand growth, coupled
with ballooning inventories and rising supply means the
crude market will be oversupplied at least through the first
six months of 2017, the International Energy Agency said on
Tuesday. "Our forecast in this month's report suggests that
this supply-demand dynamic may not change significantly in
the coming months. As a result, supply will continue to out-
pace demand at least through the first half of next year,"
the IEA said. Global refinery runs are expected to grow at
their slowest pace in at least a decade this year, which will
curb appetite for crude oil, just as inventories across
the OECD rose to a fresh record high of 3.111 billion barrels,
the report said.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 31200 TGT 31300 31500 SL 31100
SELL GOLD BELOW 30970 TGT 30870 30670 SL 31070
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 45850 TGT 46050 46650 SL 45650
SELL SILVER BELOW 45100 TGT 44900 44300 SL 45300
MCX

5. DAILY REPORT
14
th
SEPTEMBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
NCDEX INDICES
Index Value % Change
BARLEY 1527 +0.86
CORIANDER 7900 -1.58
COTTON SEED 2713 +0.97
GUAR SEED 3617 +2.38
JEERA 17315 -1.03
MUSTARDSEED 4524 -2.04
REF SOYA OIL 646.20 -0.68
SUGAR M GRADE 3582 +1.10
TURMERIC 6670 -0.03
WHEAT 1725 0.00
RECOMMENDATIONS
DHANIYA
BUY CORIANDER OCT ABOVE 7780 TARGET 7825 7925 SL
BELOW 7715
SELL CORIANDER OCT BELOW 7698 TARGET 7653 7553 SL
ABOVE 7763
GUARGUM
BUY GUARGUM OCT ABOVE 6780 TARGET 6830 6900 SL
BELOW 6720
SELL GUARGUM OCT BELOW 6630 TARGET 6580 6510 SL
ABOVE 6690
As per latest release by United States Department of Agri-
culture, the global wheat supplies for 2016/ 7 are raised by
0.4 million tons to reach 744..84 million tonnes on a 1.4-
million-ton production increase that is partially offset by
decreased beginning stocks. Production increases for India,
Kazakhstan, Australia, Brazil, and Canada are partially offset
by reductions for the EU and China.
Mustard seed futures extended their losses on the account
of strong kharif oilseeds production along with weak mus-
tard meal export demand. As per official data, assuming
normal growing conditions through September (harvest
period), the soybean production estimate for MY 2016/17 is
increased from 11 MMT to 11.5 MMT. The assessment is
preliminary and is based on the prevailing weather condi-
tions, which seem optimal.
Cardamom futures were trading higher during the morning
trade in the domestic market on Monday as investors and
speculators build up fresh positions in the agri-commodity
amid surge in physical demand for cardamom in the domes-
tic spot market. Further insufficient stocks position amid
restricted supplies from producing regions supported the
uptrend in domestic cardamom prices. At the MCX carda-
mom is trading at Rs 1222.80 per kg up by 1.04 per cent
Mentha oil futures were trading higher during the morning
trade in the domestic market on Monday as participants
widened their bets in the agri-commodity amid surge in
physical demand from major consuming industries for men-
tha oil in the domestic spot market. Further a rise in de-
mand for mentha oil futures was attributed to enlarging of
positions by traders in the spot market supported prices of
mentha oil at futures trade. At the MCX mentha oil is trad-
ing at Rs 902.40 per kg up by 0.20 per cent

6. DAILY REPORT
14
th
SEPTEMBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 66.901 Yen-100 65.260
Euro 75.217 GBP 88.771
CURRENCY
USD/INR
BUY USD/INR SEP ABOVE 67.13 TARGET 67.26 67.41 SL BE-
LOW 66.93
SELL USD/INR SEP BELOW 67.03 TARGET 66.9 66.75 SL
ABOVE 67.23
EUR/INR
BUY EUR/INR SEP ABOVE 75.3 TARGET 75.45 75.65 SL BE-
LOW 75.1
SELL EUR/INR SEP BELOW 75.24 TARGET 75.09 74.89 SL
ABOVE 75.44
CURRENCY MARKET UPDATES:
Indian Rupee continued its losing streak and ended 24
paise down at 66.92 against US dollar on Monday on in-
creased demand of the American currency among import-
ers and bankers. Domestic equity markets weak opening
also contributed to rupee’s fall. The local currency had
closed 26 paise down at 66.68 level per dollar. Further,
foreign fund outflows and dollar’s gains against other cur-
rencies overseas, also weighed on rupee. The rupee depre-
ciated by 28 paise to 66.96 against the dollar (intra-day) at
the forex market also hit the sentiment. The currency
touched a high and low of 66.96 and 66.85 respectively.
However, dollar was weak against other emerging market
currencies like Yen, but that couldn’t help rupee gain.
On the global front, the dollar began the week on the back
foot on Monday as a bout of risk aversion underpinned the
yen, though losses were limited as the US currency gar-
nered some support on renewed talk of a possible rate
hike by the Federal Reserve as early as this month. For
those who are also fearing that Brexit, Rexit and US Federal
Reserve Rate high will spell dooms day for the rupee in the
coming months, we have some good news. Analysts are
fairly confident that the domestic fundamentals are robust
and any pressure that the currency may feel will be short-
lived in nature.
The dollar edged higher against the other major currencies
on Tuesday, even as comments by a Federal Reserve offi-
cial on Monday sparked fresh uncertainty over the timing
of future U.S. rate hikes. The dollar came under pressure
after Fed Governor Lael Brainard warned against raising
interest rates too quickly. In a speech on Monday, Brainard
says economic progress continues in the U.S., but the Fed
would be wise to continue keeping policy loose. The com-
ments came after Boston Fed President Eric Rosengren
said on Friday that low interest rates are increasing the
chance of overheating the U.S. economy. EUR/USD edged
down 0.12% to 1.1222.
The euro came under mild pressure after the ZEW Centre
for Economic Research said that its index of German eco-
nomic sentiment was unchanged at 0.5 this month.

7. DAILY REPORT
14
th
SEPTEMBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
12/09/16 NCDEX DHANIYA OCT. BUY 795 7995-8095 7885 NOT EXECUTED
12/09/16 NCDEX DHANIYA OCT. SELL 7765 7720-7620 7830 1ST TARGET
12/09/16 NCDEX GUARGUM OCT. BUY 6580 6630-6700 6520 ALL TARGET
12/09/16 NCDEX GUARGUM OCT. SELL 650 6450-6380 6560 NOT EXECUTE D
12/09/16 MCX GOLD OCT BUY 31400 31500-31700 31300 NOT EXECUTE D
12/09/16 MCX GOLD OCT. SELL 31130 31030-30730 31330 1ST TARGET
12/09/16 MCX SILVER DEC. BUY 46660 46860-47460 46460 NOT EXECUTE D
12/09/16 MCX SILVER DEC. SELL 4610 45900-45300 46300 ALL TARGET
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
12/09/16 NIFTY FUTURE SELL 8850 8750-8600 9000 NOT EXECUTED
12/09/16 TATASTEEL FUTURE SELL 400-402 395-385 408 NOT EXECUTED
12/09/16 INDUSINDBK FUTURE BUY 1210-1212 1220-1230 1199 NOT EXECUTED
12/09/16 BODAL CHEM. CASH BUY 113-114 116.50-119 112 PROFIT BOOKED

8. DAILY REPORT
14
th
SEPTEMBER 2016
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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TIME REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, SEPT. 12
NONE SCHEDULED
TUESDAY, SEPT. 13
6 AM NFIB SMALL-BUSINESS INDEX AUG. -- 94.6
10 AM REAL MEDIAN HOUSEHOLD INCOME 2015 -- $53,657
2 PM FEDERAL BUDGET AUG. -- -$64 BLN
WEDNESDAY, SEPT. 14
8:30 AM IMPORT PRICE INDEX AUG. -- 0.1%
THURSDAY, SEPT. 15
8:30 AM WEEKLY JOBLESS CLAIMS 9/10 265,000 259,000
8:30 AM RETAIL SALES AUG. -0.1% 0.0%
8:30 AM RETAIL SALES EX-AUTOS AUG. 0.2% -0.3%
8:30 AM PRODUCER PRICE INDEX AUG. 0.1% -0.4%
8:30 AM CURRENT ACCOUNT JULY -- -$125 BLN
8:30 AM PHILLY FED SEPT. 0.0 2.0
8:30 AM EMPIRE STATE INDEX SEPT. -1.0 -4.2
9:15 AM INDUSTRIAL PRODUCTION AUG. -0.2% 0.7%
9:15 AM CAPACITY UTILIZATION AUG. 75.7% 75.9%
10 AM BUSINESS INVENTORIES JULY -- 0.2%
FRIDAY, SEPT. 16
8:30 AM CONSUMER PRICE INDEX AUG. 0.1% 0.0%
8:30 AM CORE CPI AUG. 0.2% 0.1%
10 AM CONSUMER SENTIMENT SEPT. 91.0 89.8