DAILY REPORT 15st JANUARY. 2013
Global markets at a glance Asia is down on US crash, Nikkei drops to 1-month low as trade numbers there hurt. European equities trade in red after a negative lead from Wall Street overnight. A pullback in the yen was welcomed by Japanese shares, with the Nikkei .N225 bouncing 1.4 percent after suffering its sharpest daily drop in five months on Tuesday. Progress elsewhere was patchy with investors suffering whiplash after several days of wild swings. Australia made the early running with a bounce of 0.6 percent .AXJO, while Seoul .KS11managed a rise of 0.2 percent. Wall Street Update U.S. stocks rose on Tuesday, erasing much of the previous session's steep drop, as a strong December retail sales reading eased concerns that economic growth might be slowing. Google rose 2.4 percent to $1,149.40, giving a large boost to the outperforming Nasdaq, a day after the company announced plans to acquire Nest Labs Inc. The $3.2 billion deal will give Google a promising line of products and a prized design team.
World Indices Index
Value
% Change
16,373.86
+0.71
S&P 500
1838.88
+1.08
NASDAQ EURO STO FTSE 100
4,183.02 3,119.53 6,766.86
+1.69 +0.24 +0.14
Nikkei 225 Hong Kong
15,719.17 22,985.78
+1.92 +0.85
DJl
Top Gainers Company
CMP
Change
% Chg
CIPLA
410.50
8.25
2.05
LUPIN
937.10
17.15
1.86
CAIRN
329.30
5.90
1.82
DRREDDY
2,647.25
20.70
0.79
INFY
3,691.90
26.90
0.73
CMP
Change
% Chg
374.25 138.10 157.00 254.10 429.40-
-11.70 -3.55 -4.05 -6.10 -9.40
-30.3 -2.51 -2.51 -2.34 -2.14
Prev. Close
Change
%Chg
DRREDDY
2,647.25
20.70
0.70
DIVISLAB
1,261..65
24.35
1.93
117.05
-.015
-0.13
GATI
62.20
2.20
3.54
INFY
3,665.00
26.90
0.73
Prev. Close
Change
%Chg
CMP
Change
% Chg
6241.85 21032.88
-30.90 -101.33
-0.49 -0.48
Top Losers Company
Previous day Roundup The market slips after trading range bound in the earlier part of yesterday. Nifty manages to hold 6200-level. Metal, realty, bank stocks drag during the day. The Sensex is down 74.34 points at 21059.87, and the Nifty is down 20.05 points at 6252.70. About 1146 shares have advanced, 1432 shares declined, and 308 shares are unchanged. Indian shares fell on Tuesday led by declines in software exporters such as Tata Consultancy Services Ltd on profit-taking after the recent run-upon better-thanexpected quarterly results by peer Infosys Ltd.
TATASTEEL NMDC DLF JINDALSTEL RANBAXY
Stocks at 52 Week’s high Symbol
APOLLOTYRE Index stats The Market was down in yesterday session where Bankex and Bank Nifty both closed (down –66% and down –66% respectively). Among the sartorial indices almost the sectors which were down are; Capital Goods [down-59.89 pts], AUTO [down –57.37pts], PSU [down -38.61pts], , Metals [down-134.44 pts], Power [down –14.05pts], Consumer Durables [down –29.36pts], IT [down–64.06pts], Healthcare [up67.61 pts], FMCG [down-30.26 pts] Realty [own-2.65pts], TECK [dowm-33.43pts].
Stocks at 52 Week’s Low Symbol
--
Indian Indices Company NIFTY SENSEX
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DAILY REPORT 15st JANUARY. 2013
EQUITY CASH & FUTURE
STOCK RECOMMENDATIONS [FUTURE] 1.ADANIENT FUTURE
STOCK RECOMMENDATION [CASH] 1. SKS MICRO
ADANIENT FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 246 levels. We advice buying around 245-246 levels with strict stop loss 241 for the targets of 250-255 levels.
SKS MICRO is looking strong on charts. We advice buying above 186 levels with strict stop loss of 180 for the targets of 192-198 levels.
2.CESC FUTURE
CESC FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 460 levels. We advice buying on dips around 460 levels with strict stop loss 455 for the targets of 465-472 levels .
YOUR MINTVISORY
MACRO NEWS Energy major Reliance Industries is looking to pick up an 11 percent stake in Venezuela's Petrocarabobo project that was recently surrendered by Malaysia's Petronas, and is eyeing exploration assets in Mexico, India's growth rate is expected to slip to 4.9 percent in the current fiscal but will improve significantly to 5.6 percent in 2014-15, India Ratings expectation for improved growth in FY'15 is based on a partial recovery in the industrial and services sector growth, and an uptick in investment due to project clearances by the Cabinet Committee on Investment (CCI), The Reserve Bank of India (RBI) has come under a lot of flak for its inflation-controlling measures that have impacted growth. But former RBI chief D Subbarao refutes such criticism saying the central bank has always been flexible with monetary policy and has moved away from rigid inflation targeting methods to flexible inflation targeting.
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DAILY REPORT FUTURE & OPTION
15st JANUARY. 2013
MOST ACTIVE PUT OPTION Symbol
Option Type
Strike Price
LTP
Traded Volume (Contracts)
NIFTY
PE
6,200
49.95
3,28,955 63,98,350
NIFTY
PE
6,100
25.1
2,12,738 52,97,950
BANKNIFTY
PE
10,500
67.5
14,325
2,71,850
BANKNIFTY
PE
11,000
234
13,261
2,05,650
BANKNIFTY
PE
10,900
186
7,023
1,21,575
INFY
PE
3,650
34.65
1,994
2,10,375
INFY
PE
3,700
54.1
1,945
2,61,125
SBIN
PE
1,650
55.7
1,655
1,82,000
STOCKS IN NEWS ITC ups Bristol cigarette price by 15% to Rs 45/pack: Sources VA Tech Wabag bags order worth Rs 250 crore from Karnataka Govt Coal India Board is meeting today for special dividend Derive Investments buy 4.7 lakh shares at Rs 61/ share
Open Interest
NIFTY FUTURE
MOST ACTIVE CALL OPTION Symbol
Option Type
Strike Price
LTP
Traded Volume (Contracts)
Open Interest
NIFTY
CE
6,300
53.8
3,31,213 53,08,600
NIFTY
CE
6,400
21.75
2,50,872 49,97,450
NIFTY
CE
6,200
108.7
1,31,964 32,70,850
BANKNIFTY
CE
11,200
133
18,869
1,53,450
BANKNIFTY
CE
11,000
213.1
17,127
1,76,925
SBIN
CE
1,700
17.45
5,984
7,38,875
RELIANCE
CE
900
11.15
5,337 14,33,000
RELIANCE
CE
880
19.3
5,230
TCS
CE
2,200
58.60
1,357
Nifty Future closed in the red in the last trading session. We buying around 6230-6250 levels with strict stop loss 5,97,250 of 6200 for the targets of 6280-6320 levels. 1,70,000
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
87783
2704.17
58111
1790.56
422590
13113.49
913.62
INDEX OPTIONS
443571
13607.45
412359
12587.27
1211223
37758.83
1020.18
STOCK FUTURES
55724
1830.51
58305
1876.76
1029140
32378.03
-46.26
STOCK OPTIONS
58071
1889.19
57991
1855.97
79248
2578.77
33.22
TOTAL
1920.76
INDICES NIFTY
S2
S1
PIVOT
R1
R2
6151.51
6212.13
6250.16
6310.78
6348.81
NIFTYJUNIOR
12425.05
12491.65
12584.0
12650.6
12742.95
BANK NIFTY
10713.26
10867.43
10968.81
11122.98
11224.36
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DAILY REPORT 15st JANUARY. 2013
COMMODITY MCX
RECOMMENDATIONS SILVER
TRADING STRATEGY: BUY SILVER ABOVE 45250 TGTS 45450/45750 SL 44850 SELL SILVER BELOW 44600 TGTS 44350/44000 SL 45000 GOLD
COMMODITY ROUNDUP Spot gold eased 0.1 percent to $1,243.19 an ounce by 0011 GMT. It touched a one-month peak of $1,255 early on Tuesday before ending the day 0.7 percent lower. U.S. retail sales edged up in December with a core spending gauge posting a big jump, a sign the economy gathered steam at the end of last year and was poised for stronger growth in 2014.The Federal Reserve should bring its bondbuying program to a swift close, according to two of its most hawkish policymakers who take up voting power this year, with one vowing to use his vote to support cuts to the program even if stocks take a tumble. Oil prices rose on Tuesday after data revealed U.S. retail sales came in stronger than expected in December, which investors viewed as sign the U.S. economy continues to recover and will demand more fuel and energy going forward. On the New York Mercantile Exchange, West Texas Intermediate crude for delivery in March traded at USD93.00 a barrel during U.S. trading, up 1.07%. New York-traded oil futures hit a session low of USD91.74 a barrel and a high of USD93.08 a barrel. The March contract settled down 1.01% at USD92.01 a barrel on Monday. Nymex oil futures were likely to find support at USD91.65 a barrel, Monday's low, and resistance at USD93.09 a barrel, Monday's high. Natural gas futures carried Monday's robust gains into Tuesday as speculation remained firm that a recent blast of arctic air will take its toll on inventories. On the New York Mercantile Exchange, natural gas futures for delivery in February traded at USD4.369 per million British thermal units during U.S. trading, up 2.21%. The commodity hit session high of USD4.381 and a low of USD4.288. The February contract settled up 5.45% on Monday to end at USD4.274 per million British thermal units. Natural gas futures were likely to find support at USD4.119 per million British thermal units, Monday's low, and resistance at USD4.428, the high from Jan. 7.
TRADING STRATEGY: BUY GOLD ABOVE 29250 TGTS 29330/29430 SL 29150 SELL GOLD BELOW 28980 TGTS 28900/28800 SL 29100
YOUR MINTVISORY
Gold retreated for a second session on Wednesday, moving further away from a one-month high, as a rally in stock markets prompted by strong U.S. retail sales data dented the metal's appeal as a safe haven.
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DAILY REPORT 15st JANUARY. 2013
NCDEX
RECOMMENDATIONS CASTORSEED
NCDEX INDICES Index
Value
% Change
CASTOR SEED
4305
0.07
CHANA
3045
0.03
CORIANDER
7634
0.14
COTTON SEED OILCAKE
1549
0
12470
-0.04
MAIZE– FEED/ INDUSTRIAL GRADE
1185
0
MUSTARD SEED
3589
0.14
SOY BEAN
3605.5
0.43
TURMERIC
6748
-0.24
JEERA
BUYCASTORSEED FEB ABOVE 4410 TGTS 4440,4500 SL 4360 SELLCASTORSEED FEB BELOW 4310 TGST 4280,4230SL 4460 DHANIYA
NCDEX ROUNDUP MENTHA OIL Higher stocks and moderate arrivals in mandis kept pressurizing the market sentiments for Mentha Oil even as winter season demand continued to be noted. Higher stocks prevented any strong upsurge in rates even as winter season demand rose in the mandis CHANA Moderate recovery was noted for Chana on short covering in the Futures market even as arrivals remained high amidst moderate demand in mandis. Good sowing reports for Chana from MP, UP and Rajasthan amidst high stocks and fall in demand in mandis are keeping sentiments weak for the commodity in the Spot and Futures markets. GUARSEED Some range bound trend is seen in guar with increased arrival pressure in spot mandis. it is to be noted that production of guar this year is likely to increase that is not letting the sentiments to move up significantly. Higher production reports, better arrivals and only moderate pickup in exports have ensured a fall in rates for Guar over last few weeks. Farmers have started bringing in supplies from the new harvest into local markets.
BUY DHANIYA FEB ABOVE 7930 TGTS 7960,8010 SL 7880 SELL DHANIYA FEB BELOW 7820 TGTS 7790,7740 SL 7930
YOUR MINTVISORY
TURMERIC Lack of good upcountry demand Mamist moderate arrival trend remained weak. Traders are purchasing only limited quantity as buying interest has reduced.
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DAILY REPORT 15st JANUARY. 2013
CURRENCY
RBI Reference Rate Currency
Rupee- $ Euro
Rate Currency
61.5200 Yen-100 84.100 GBP
EUR/INR
SELL EUR/INR BELOW 84.09 TGTS 83.94, 83.72 SL84.44. BUY EUR/INR ABOVE 84.57 TGTS 84.72, 84.94 SL 84.25. USD/INR
Rate
59.4900 101.4772
CURRENCY ROUNDUP The dollar fell to one-month lows against the yen on Monday and was trading close to one week lows against the euro after Friday's U.S. nonfarm payrolls showed that the economy added far fewer than expected jobs last month. USD/JPY hit lows of 103.26, the weakest level since December 18 and was last down 0.74% to 103.39. The latest employment report showed that the U.S. economy added 74,000 jobs in December, the smallest increase since January 2011 and well below expectations for 196,000 new jobs. The unemployment rate fell to a five year low of 6.7% from 7% in November, but this was due in part to people dropping out of the labor force. A fall in prices would raise expectations the Reserve Bank of India would keep monetary policy on hold for a second consecutive month on Jan. 28 after data on Friday showed a surprise fall in industrial output. Confidence in the economy is a key driver for shares as well as for the rupee, given concerns about weakening growth are trumping the appeal of higher yields. A softer CPI should be great for the rupee. Going ahead, primarily the U.S. economic condition will drive rupee direction but a softer CPI will lead to better stability/appreciation and reduce chances of a sharper fall. The partially convertible rupee closed at 61.55/56 per dollar compared with 61.89/90 on Friday. It rose to 61.41 during the session, its strongest since Dec. 11. The unit rose 0.55 percent on day, its biggest single-day gain since Dec. 16.
The dollar slipped to a three-week low against the yen before data tomorrow that economists said will show U.S. reSELL USD/INR BELOW 61.50 TGTS 61.38, 61.18 SL 61.85. tail-sales growth slowed, strengthening the case against BUY USD/INR ABOVE 62.04 TGTS 62.20, 62.40 SL 61.69. faster tapering by the Federal Reserve.
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DAILY REPORT 15st JANUARY. 2013
CALL REPORT PERFORMANCE UPDATES
Date
Commodity/ Currency Pairs
Contract
Strategy
Entry Level
Target
Stop Loss
Remark
14/01/14
MCX GOLD
FEB.
BUY
29300
29400-29500
29150
SL TRIGGERD
14/01/14
MCX GOLD
FEB.
SELL
29000
28900-28800
29150
CALL OPEN
14/01/14
MCX SILVER
MAR.
BUY
45200
45500-45800
44900
BOOKED PROFIT
14/01/14
MCX SILVER
MAR.
SELL
44300
44000-43700
44600
NOT EXECUTED
13/01/14
NCDEX CASTOR SEED
FEB.
BUY
4500
4530-4580
4450
SL TRIGGERD
13/01/14
NCDEX CASTOR SEED
FEB.
SELL
4395
4365-4315
4445
BOOKED FULL PROFIT
13/01/14
NCDEX DHANIYA
FEB.
BUY
8150
8180-8130
8100
NOT EXECUTED
13/01/14
NCDEX DHANIYA
FEB.
BUY
8050
8020-7970
8100
BOOKED FULL PROFIT
13/01/14
EUR/INR
JAN.
SELL
84.28
84.14-84.00
84.64
BOOKED PROFIT
13/01/14
EUR/INR
JAN.
BUY
84.69
84.83-85.01
84.33
NOTEXECUTED
13/01/14
GBP/INR
JAN.
SELL
101.70
101.55-101.38
102.09
BOOKED FULL PROFIT
13/01/14
GBP/INR
JAN.
BUY
102.54
102.71-102.91
102.15
NOT EXECUTED
Date
Scrip
CASH/ FUTURE/ OPTION
Strategy
Entry Level
Target
Stop Loss
Remark
14/01/14
NIFTY
FUTURE
BUY
6250
6300-6350
6200
CALL OPEN
14/01/14
APPOLO TYRE
FUTURE
BUY
117
120-122
115
CALL OPEN
14/01/14
BHARAT FORGE
FUTURE
BUY
345
352-358
337
CALL OPEN
14/01/14
TCI
CASH
BUY
110
115-120
104
NOT EXECUTED
13/01/14
ITC
FUTURE
BUY
323
329-334
319
BOOKED PROFIT
09/01/14
GRAVITA
CASH
BUY
46
50-54
41
CALL OPEN
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DAILY REPORT 15st JANUARY. 2013
ECONOMIC CALENDAR
NEXT WEEK'S U.S. ECONOMIC REPORTS TIME (ET)
REPORT
PERIOD
ACTUAL
CONSENSUS FORECAST
PREVIOUS
MONDAY, JAN .13 2 PM
FEDERAL BUDGET
DEC.
--
-$1 BLN
10 am
Factory orders
Nov.
1.6%
-0.9%
TUESDAY,JAN .14 8:30 AM
RETAIL SALES
DEC.
-0.1%
0.7%
8:30 AM
RETAIL SALES EX-AUTOS
DEC.
0.4%
0.4%
8:30 AM
IMPORT PRICE INDEX
DEC.
0.5%
-0.6%
10 AM
BUSINESS INVENTORIES
NOV.
0.3%
0.7%
0.4%
-0.1%
WEDNESDAY, JAN.15 8:30 AM
PRODUCER PRICE INDEX
DEC
.
8:30 AM
CORE PPI
DEC.
0.2%
0.1%
8:30 AM
EMPIRE STATE INDEX
JAN.
4.3
1.0
THURSDAY, JAN.16 8:30 AM
WEEKLY JOBLESS CLAIMS
1/11
N/A
330,000
8:30 AM
CONSUMER PRICE INDEX
DEC.
0.3%
0.0%
8:30 AM
CORE CPI
DEC.
0.1%
0.2%
10 AM
HOME BUILDERS' INDEX
JAN.
N/A
58
10 AM
PHILLY FED
JAN.
9.4
7.0
FRIDAY, JAN.17 8:30 AM
HOUSING STARTS
DEC.
1.01 MLN
1.091 MLN
9:15 AM
INDUSTRIAL PRODUCTION
DEC.
0.2%
1.1%
9:15 AM
CAPACITY UTILIZATION
DEC.
79.0%
79.0%
9:55 AM
UMICH CONSUMER SENTIMENT INDEX
JAN.
85.0
82.5
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