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DAILY REPORT
30th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance US stocks ended slightly lower on Thursday as the market digested disappointing tech earnings reports and the po-tential for an interest rate hike in December. The Fed which kept rates unchanged at its policy meeting that ended Wednesday, downplayed concerns about global growth and indicated confidence in the US job market's recovery. DJI average fell 23.72 pts, or 0.13%, to 17,755.8, the S&P 500 lost 0.94 pts, or 0.04%, to 2,089.41 and the Nasdaq dropped 21.42 pts, or 0.42%, to 5,074.27. The three in-dexes recovered much of the day's losses late in the ses-sion. About 7bn shares changed hands, about even with the 7.1bn daily average for the past 20 trading days. Asian shares were down on Friday and on track for a weekly loss as investors grappled with the prospect of higher borrowing costs in the US, as the Fed prepares to raise rates amid the backdrop of slowing global growth. MSCI's broadest index of Asia-Pacific shares outside Japan MIAPJ0000PUS edged down 0.1% in early trading, poised to lose 2.5 % for the week but gain more than 7 % for Octo-ber. Nikkei .N225 was down 0.2 %, on track for a weekly of rise of 0.3 % and a hefty monthly gain of 8.6 %, as investors awaited the outcome of the BoJ's policy meeting, expected some time later in the session, as well as the central bank's latest economic and price forecasts. European shares fell slightly on Thursday, with banking stocks leading the way after disappointing updates from Deutsche Bank and Barclays, while investors assessed the negative impact of a U.S. rate hike by year-end. The pan-European FTSEurofirst 300 index ended down 0.04 %, while the euro zone's blue-chip Euro STOXX 50 index fell 0.23 %. Previous day Roundup Indian shares fell for a fourth consecutive session on Thurs-day, recording their lowest close in little over two weeks, as the U.S. Federal Reserve revived market expectations that it may raise interest rates by the end of the year. The benchmark BSE index ended 0.75% lower while the NSE index lost 0.73%, marking their lowest close since Oct 14. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 46.45pts], Capital Goods [down 188.75pts], PSU [down 95.51pts], FMCG [down 79.48Pts], Realty [down 5.61pts], Power [down 21.40pts], Auto [up 6.70Pts], Healthcare [down 102.75Pts], IT [down 65.30pts], Metals [down 62.91pts], TECK [down 47.51pts], Oil& Gas [down 75.15pts].
World Indices
Index Value % Change
D J l 17755.80 -013
S&P 500 2089.41 -0.04
NASDAQ 5074.27 -0.42
FTSE 100 6395.80 -0.65
Nikkei 225 18883.84 -0.27
Hong Kong 22665.14 -0.72
Top Gainers
Company CMP Change % Chg
YESBANK 744.00 16.35 2.25
DRREDDY 4,205.00 91.35 2.22
VEDL 107.30 2.25 2.14
LUPIN 1,927.00 16.60 0.87
ULTRACEMCO 2,916.00 24.15 0.84
Top Losers
Company CMP Change % Chg
BHEL 203.00 9.40 -4.43
BPCL 878.50 30.90 -3.40
AXISBANK 467.85 15.05 -3.12
COALINDIA 320.80 9.40 -2.85
GAIL 309.35 7.75 -2.44
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
AUROPHARMA 843.05 -10.55 -1.24
GMBREW 623.60 29.65 4.99
HERITGFOOD 488.00 11.10 2.33
IDBI 89.20 3.10 3.60
RUSHIL 297.90 6.00 2.06
SASKEN 299.10 3.90 1.32
Indian Indices
Company CMP Change % Chg
NIFTY 8111.75 -59.45 -0.73
SENSEX 26838.14 -201.62 -0.75
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
CORPBANK 43.55 -0.40 -0.91
FEDERALBNK 55.00 -1.25 -2.22
IDFC 58.80 -0.55 -0.93
DAILY REPORT
30th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH] 3. CHENNPETRO [CASH]
Last session CHENNPETRO made high of 237.90 which is resistance & it maintain gain at the end of day since, it formed ascending triangle on EOD chart which breakout will come above 238 so we advise to buy it above 238 for target of 243 248 255 use stop loss of 232 MACRO NEWS Results Today: ICICI Bank, ITC, KotakMah Bank, L&T, Ti-
tan, Suzlon, Apollo Tyres, Century Textiles, Ajanta Pharma, IPCA Lab, Mahindra Lifespace, Ktk Bank Merck, Shoppers Stop, Religare, Kalyani Steels, Jagran Praka-shan, Gujarat Alkalies, Atul Ltd, 3M India, Century Enka, Elgi Equipments, EPC Ind, Gemini Comm, Jindal Drilling, Maharashtra Seamless, Munjal Showa, Nocil, Orient Pa-per, Sanghvi Forging, Smartlink Network, Subros, Srikala-hasthi Pipes, TTML, Uttam Galva Steels, V-Mart
IOC to hike fuel supplies to Nepal RBI Allows NRIs To Invest In National Pension System Japan September core CPI falls 0.1% on year World Bank retains India growth forecast at 7.5% for
2015-16 Dr Reddy's Q2 Cons Net Profit At `722 Cr Vs `574.1 Cr
(YoY) Cons Total Income At `3,989 Cr Vs `3,587.8 Cr (YoY) MRPL Q2 Net Loss At `909.5 Cr Vs Loss Of 951.5 Cr YoY,
Total Income Down 35.8% At `10,221 Cr Vs 15,912Cr YoY HCC Q2 Net Profit At `38.4 Cr Vs `6.8 Cr (YoY), Total In-
come At `961.8 Cr Vs `959 Cr (YoY) BEL Q2 Net Profit At `206.7 Cr Vs `147 Cr (YoY) Total In-
come At `1,467.7 Cr Vs `1,294 Cr (YoY) Crompton Greaves Q2 Cons Net Profit At `52.1 Cr Vs
`69.6 Cr (YoY) Cons Total Income At `3,216.1 Cr Vs `3,430.3 Cr (YoY)
Glenmark Pharma Q2 Cons Net Profit At `198Cr Vs `165Cr YoY, Cons Revenue At `1,909Cr Vs `1,680.7Cr YoY
STOCK RECOMMENDATIONS [FUTURE] 1. IDBI BANK [FUTURE]
IDBIBANK FUTURE outperform in banking sector where bank nifty becoming weak & IDBI hits 52 week high and it end with 3.52% gain technically it has target up to 110 so we ad-vise to buy it above 90.10 for target of 91.50-93-95 use stop loss of 88.40.
2. TVSMOTOR [FUTURE]
In last few session TVSMOTOR Future given sharp rise due to quality number of Q1 but in last two session it could not keep continue bull run & traded in fix range while last ses-sion it breached around 3.14%, despite of gain RSI is not giv-ing positive sign so sell it below 260.75 for target of 258-255-251 use stop loss of 264.
DAILY REPORT
30th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 8,200 0.05 28,55,315 80,71,050
NIFTY CE 8,100 6.50 11,39,535 4,95,375
BANKNIFTY CE 17,500 0.05 2,34,360 5,47,600
YESBANK CE 740 3.60 18,088 2,44,250
TATAMOTORS CE 400 0.05 9,202 15,17,500
AXISBANK CE 480 0.05 6,181 9,07,000
MARUTI CE 4,500 0.05 5,950 2,40,875
DRREDDY CE 4,200 17.00 5,793 58,875
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 8,100 0.05 30,47,163 75,25,100
NIFTY PE 8,150 31.00 11,00,740 1,37,475
BANKNIFTY PE 17,200 0.20 2,53,201 4,91,625
YESBANK PE 740 0.05 9,169 3,08,750
AXISBANK PE 470 0.75 5,334 2,85,000
DRREDDY PE 4,200 0.10 4,695 3,01,000
RELIANCE PE 940 0.05 4,673 4,56,750
TATA-MOTORS
PE 390 0.05 4,549 4,56,500
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 153407 4919.32 168939 4967.13 286399 17140.7 -47.814
INDEX OPTIONS 518856 17942.5 511217 15854.9 726894 44073.7 2087.6
STOCK FUTURES 350379 12549.3 343451 13547.1 883326 44746.5 -997.741
STOCK OPTIONS 48608 1454.63 47300 1451.14 1144 58.58 3.4833
TOTAL 1045.52
STOCKS IN NEWS Polaris Gets Board Approval To Hive Off Co's BPO Busi-
ness HCL Tech Acquires CRM Services Provider PowerOb-
jects Cipla To Sell Its Entire 25% Stake In Biomab Holding,
Hong Kong For $25 m Nestle Q3 net tanks 60% to Rs 124cr on Maggi noodles
hit Ambuja Cements pares post-result losses after bulk
deals NIFTY FUTURE
The Nifty skid for four straight sessions as F&O expiry added pressure on indices. The whole day Nifty re-mained bearish with volumes. For next session Nifty seems to be bearish again as indicators showing, but Nifty may find support around 8090 so we recommend you to sell it from around 8200 for targets of 8100 and 8000 with stop loss of 8300.
INDICES R2 R1 PIVOT S1 S2
NIFTY 8,211.00 8,161.00 8,129.00 8,079.00 8,047.00
BANK NIFTY 17,485.00 17,348.00 17,263.00 17,126.00 17,041.00
DAILY REPORT
30th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD DEC ABOVE 26700 TGTS 26780,26870 SL BE-
LOW 26500
SELL GOLD DEC BELOW 26400 TGTS 26320,26230 SL
ABOVE 25800
SILVER
TRADING STRATEGY:
BUY SILVER DEC ABOVE 36600 TGTS 36800,37100 SL BE-
LOW 36300
SELL SILVER DEC BELOW 36250 TGTS 36050,35750 SL
ABOVE 36550
COMMODITY ROUNDUP
Lead fell 0.44% to Rs 112.15 per kg in futures trade to-
day after participants reduced exposure amid a weak
trend overseas and sluggish domestic demand. At
Multi Commodity Exchange, lead for delivery in Octo-
ber was trading 50 paise, or 0.44%, down at Rs 112.15
per kg, in a business turnover of 523 lots.
Commodity prices fell after the US Federal Reserve’s
open market committee decided on Wednesday to not
change its key policy rate but indicated that this might
be raised at the next meeting, due in December. The
Fed panel, after saying the central bank was monitor-
ing the international situation, added a reference to
the possibility of increasing the rate in the next meet-
ing, based on “realised and expected” progress in
reaching its stated goals.
Gold futures fell 0.98% to Rs 26,808 per 10 grams as
speculators reduced their bets amid a weak global
trend. In futures trading at Multi Commodity Exchange,
gold for delivery in December fell Rs 271, or 0.98%, to
Rs 26,808 per 10 gram, in a business turnover of 1,909
lots. Commodity prices fell after the US Federal Re-
serve’s open market committee decided on Wednes-
day to not change its key policy rate but indicated that
this might be raised at the next meeting, due in De-
cember. The Fed panel, after saying the central bank
was monitoring the international situation, added a
reference to the possibility of increasing the rate in the
next meeting, based on “realised and expected” pro-
gress in reaching its stated goals.
Benchmark price for 62% iron ore price in China de-
clined to US$49.5/ton CIF Tianjin, China, which was
11% down in only two weeks and reach the lowest
since mid-July. China is world's largest seaborne iron
ore import and takes 70% market share. Though its
crude steel output had shrunk 3% in September, and
2% in the first three quarters of 2015, further capacity
cut is on the way. The other truth is that in the first
three quarters of 2015, the country major steelmakers
had making a combined loss of RMB28 billion (US$4.4
billion),
DAILY REPORT
30th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
NCDEX ROUNDUP
Mentha oil prices rose 0.55% to Rs 919.10 per kg in futures trade yesterday as traders created fresh positions, driven by seasonal demand. Besides, pick up in export enquiries influ-enced mentha prices. At the Multi Commodity Exchange, mentha oil for delivery in November rose Rs 5.10, or 0.55%, to Rs 919.10 per kg, clocking a business volume of 571 lots. The oil for October delivery traded higher by Rs 3.50, or 0.38%, to Rs 905 per kg, with a trading volume of 222 lots. Fresh positions built up by speculators on the back of a rise in demand from consuming industries in the spot markets against restricted supplies from Chandausi in Uttar Pradesh led to rise in mentha oil prices at futures trade.
Cardamom prices fell 0.66% to Rs 757 per kg in futures trade yesterday as speculators reduced positions amid low demand. Furthermore, adequate stocks in the physical mar-ket on account of higher supply from the producing belts put pressure on cardamom prices. At the Multi Commodity Exchange, cardamom for delivery in November fell Rs 5.10, or 0.66%, to Rs 757 per kg, in a business turnover of 244 lots. Similarly, the spice for delivery in December traded lower by Rs 4.80, or 0.61%, to Rs 780.10 per kg in 33 lots. Off-loading of positions by speculators amid higher supplies from producing regions and sluggish demand in the spot market, mainly pulled down cardamom prices in futures trade.
NCDEX INDICES
Index Value % Change
CAETOR SEED 4282 -0.59
CHANA 4743 -0.63
CORIANDER 9445 +2.56
COTTON SEED 1662 -1.19
GUAR SEED 3909 +0.39
JEERA 16010 +0.31
MUSTARDSEED 4963 -0.40
REF. SOY OIL 626.5 -0.03
TURMERIC 2775 0.00
WHEAT 8900 +0.59
RECOMMENDATIONS
DHANIYA
BUY CORIANDER NOV ABOVE 9945 TARGET 9970 10050 SL
BELOW 9915
SELL CORIANDER NOV BELOW 9245 TARGET 9220 9140 SL
ABOVE 9275
GUARSGUM
BUY GUARGUM NOV ABOVE 8250 TARGET 8300 8370 SL
BELOW 8190
SELL GUARGUM NOV BELOW 8170 TARGET 8120 8050 SL
ABOVE 8230
DAILY REPORT
30th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 65.1515 Yen-100 53.9300
Euro 71.2497 GBP 99.3626
CURRENCY
USD/INR
BUY USD/INR NOV ABOVE 65.65 TARGET 65.78 65.93 SL BE-
LOW 65.45
SELL USD/INR NOV BELOW 65.4 TARGET 65.27 65.12 SL
ABOVE 65.6
EUR/INR
BUY EUR/INR NOV ABOVE 72.1 TARGET 72.25 72.45 SL BE-
LOW 71.9
SELL EUR/INR NOV BELOW 71.8 TARGET 71.65 71.45 SL
ABOVE 72
CURRENCY MARKET UPDATES:
The US dollar dropped lower against a basket of currencies on Thursday, ahead of US GDP data due later in the day. The greenback, however, remained close to two-and-a-half month highs after the Fed signalled the possibility for a rate hike in Dec. The dollar index was down 0.21% at 97.47, still close to Wednesday's two-and-a-half month highs of 97.89.
Dollar strengthened across the board after Wednesday's Fed statement specifically said that officials might make a decision to act on rates in their December meeting. The Fed statement also downplayed concerns over recent tur-moil in global financial markets.
The central bank kept rates on hold at its September meet-ing amid fears that a China-led slowdown in global growth could affect the U.S. economy. Dollar gave up some gains as investors looked ahead to preliminary data on U.S. third quarter growth later in the session.
The euro rose 0.29% to trade at 1.0956 versus the green-back. The single currency found some support after data earlier showed that the number of unemployed people in Germany decreased by 5,000 this month, better than ex-pectations for a drop of 4,000.
As against the pound, the dollar was steady, with GBP/USD at 1.5269. Markets shrugged off a report by the Bank of England on Thursday showing that total net lending to indi-viduals increased by ₤4.9bn last month, above forecasts for ₤4.4bn and up from ₤4.7bn in Aug. Dollar was lower against the yen, with USD/JPY down 0.17% at 120.88.
Indian rupee and bonds weakened on Thursday after the US Fed signalled it may increase its policy rates at the next meeting in December, stoking fears of foreign fund out-flows from domestic markets. Fed downplayed global eco-nomic headwinds, leaving the door open for a rate hike in December. At 0337 GMT, the Indian rupee was at 65.1800/65.1875, compared with its previous close of 64.9175/64.9275.
DAILY REPORT
30th
OCT. 2015
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
PERFORMANCE UPDATES
Date Commodity/ Currency
Pairs Contract Strategy Entry Level Target Stop Loss Remark
29/10/15 NCDEX DHANIYA NOV. BUY 9300 9335-9415 9251 BOOKED PROFIT
29/10/15 NCDEX DHANIYA NOV. SELL 9057 9022-8942 9106 NOT EXECUTED
29/10/15 NCDEX GUARGUM NOV. BUY 8240 8290-8360 8180 BOOKED PROFIT
29/10/15 NCDEX GUARGUM NOV. SELL 8040 7990-7920 8100 NOT EXECUTED
29/10/15 MCX GOLD DEC. BUY 27100 27180-27270 26900 NOT EXECUTED
29/10/15 MCX GOLD DEC. SELL 26900 26820-26730 27100 BOOKED FULL PROFIT
29/10/15 MCX SILVER DEC. BUY 37100 37300-37600 37800 NOT EXECUTED
29/10/15 MCX SILVER DEC. SELL 36800 36600-36300 37100 BOOKED PROFIT
29/10/15 USD/INR NOV. BUY 65.41 65.54-65.69 65.21 BOOKED PROFIT
29/10/15 USD/INR NOV. SELL 65.21 65.08-64.93 65.41 NOT EXECUTED
29/10/15 EUR/INR NOV. BUY 72.42 72.57-72.77 72.22 NOT EXECUTED
29/10/15 EUR/INR NOV. SELL 72.15 72.71-71.80 72.35 BOOKED FULL PROFIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
29/10/15 NIFTY FUTURE SELL 8225-8240 8125-8000 8350 NOT EXECUTED
29/10/15 HAVELLS FUTURE BUY 258-259 255-251 263 NOT EXECUTED
29/10/15 IBREALST FUTURE SELL 65-66 63-61.59 67.6 NO PROFIT NO LOSS
29/10/15 COX&KINGS CASH BUY 260 264-269 255 BOOKED FULL PROFIT
27/10/15 CROMPTON
GREAVES FUTURE SELL 182.5 180.5-178 186.60 BOOKED FULL PROFIT
DAILY REPORT
30th
OCT. 2015
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, OCT. 26
10 AM NEW HOME SALES SEPT. 550,000 552,000
TUESDAY, OCT. 27
8:30 AM DURABLE GOODS ORDERS SEPT. -1.5% -2.3%
10 AM CONSUMER CONFIDENCE INDEX OCT. 101.0 103.0
WEDNESDAY, OCT. 28
8:30 AM ADVANCED TRADE IN GOODS SEPT. -$64.8 BLN -$67.2 BLN
THURSDAY, OCT. 29
8:30 AM WEEKLY JOBLESS CLAIMS OCT. 17 N/A N/A
8:30 AM GROSS DOMESTIC PRODUCT 3Q 2.1% 3.9%
FRIDAY, OCT. 30
8:30 AM PERSONAL INCOME SEPT. 0.2% 0.3%
8:30 AM CONSUMER SPENDING SEPT. 0.1% 0.4%
8:30 AM CORE INFLATION SEPT. 0.2% 0.1%
8:30 AM EMPLOYMENT COST INDEX 3Q 0.6% 0.2%
10 AM CONSUMER SENTIMENT INDEX OCT. -- 92.1
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