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1. DAILY REPORT
16th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian stocks held stubbornly steady on Wednesday after
China reported economic growth that was just ahead of
market expectations, MSCI's broadest index of Asia-
Pacific shares outside Japan was down 0.1 percent while
Japan's Nikkei barely budged. Markets in China managed
only a muted cheer and the Shanghai index dipped 0.1
percent.
European shares ended down 0.4 percent, while the euro
took collateral damage and fell to $1.3567.
Wall Street Update
US stocks pulled back on Tuesday after Federal Reserve
Chair Janet Yellen and her fellow Fed policymakers raised
concerns about "substantially stretched valuations" in
some sectors. But the major US stock indexes closed well
above session lows with the Dow Jones industrial average
erasing all of its earlier losses.
The Dow Jones industrial average rose 5.26 points or 0.03
percent, to end at 17,060.68, not far below the record
closing high of 17,068.26 set on July 3. The S&P 500
slipped 3.82 points or 0.19 percent, to 1,973.28, about 12
points below its record closing high of 1,985.44 set on
July 3. The Nasdaq Composite dropped 24.03 points or
0.54 percent, to close at 4,416.39.
Previous day Roundup
Equity benchmarks broke the five-day losing streak on
Tuesday, gaining nearly a percent after better CPI infla-
tion data in June. Banks, capital goods and oil & gas led
this rally while defensives like FMCG and technology saw
selling pressure. The market ended the choppy session
on a higher note. The Sensex is up 221.67 pts or 1% at
25228.65, and the Nifty is up 72.50 pts or 1% at 7526.65.
About 1843 shares have advanced, 1084 shares declined,
and 104 shares are unchanged. Bank Nifty surged 3%.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
229.93pts], Capital Goods [up 337.77pts], PSU [up
184.25pts], FMCG [down 21.66pts], Realty [up 40.74pts],
Power [down 32.51pts], Auto [up 214.22pts], Healthcare
[up 26.20pts], IT [down 16.03Pts], Metals [up 163.21pts],
TECK [up 4.63pts], Oil& Gas [up 167.12pts].
World Indices
Index Value % Change
D J l 17060.68 +0.03
S&P 500 1973.28 -0.19
NASDAQ 4416.39 -0.54
EURO STO 3153.75 -1.01
FTSE 100 6710.45 -0.53
Nikkei 225 15394.37 -0.01
Hong Kong 23508.94 +0.21
Top Gainers
Company CMP Change % Chg
SBIN 2,515.70 104.65 4.34
BHEL 236.30 9.60 4.23
BANKBARODA 829.00 31.85 4.00
NMDC 168.00 5.75 3.54
DLF 214.20 7.30 3.53
Top Losers
Company CMP Change % Chg
DRREDDY 2,645.00 50.00 -1.86
ASIANPAINT 580.00 9.50 -1.61
HEROMOTOCO 2,405.85 36.35 -1.49
NTPC 145.70 2.10 -1.42
TCS 2,400.95 25.30 -1.04
Stocks at 52 Week’s high
Symbol Prev. Close Change %Chg
BALPHARMA 63.00 10.10 +19.96
BHARATFORG 683.65 39.50 +6.13
GRUH 222 8.70 +4.08
MCX 771.50 64.90 +9.18
TORNTPHARM 694.10 28.00 4.20
Indian Indices
Company CMP Change % Chg
NIFTY 7526.65 +72.50 +0.97
SENSEX 25,228.65 +221.67 +0.89
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg

2. DAILY REPORT
16th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. REKLIANCE INFRA FUTURE
REL INFRA FUTURE is looking strong on charts, long build up
has been seen, we may see more upside, if it sustains above
760 levels. We advise buying around 760-770 levels with
strict stop loss of 745 for the targets of 785 – 800 levels.
2. AUROBINDO PHARMA FUTURE
AUROPHARMA FUTURE looking strong on charts, long build
up has been seen, we may see more upside, if it sustains
above 720 levels. We advise buying around 715-720 levels
with strict stop loss of 705 for the targets of 735-750 levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. DISHMAN PHARMA
DISHMAN PHARMA rising wedge on daily chart. We advise
selling around 130 level with strict stop loss 131.50 for the
targets of 128.50 -127
MACRO NEWS
Interest rate on fixed deposits between 7-179 days has
been reduced to 7 per cent from 7.5 per cent by SBI and
SBI also sold NPA worth Rs 3,590 crore to ARCs last fiscal.
Aditya Birla Group to merge all retail businesses.
Maruti Suzuki India, Muthoot Vehicle and Asset Finance
sign MOU to help customers avail 100 per cent finance.
United Spirits to buy JP Impex Incorp's Karnataka-based
assets.
Reserve Bank signals cheaper housing, infra loans
The Indian Govt will decide next month on whether to sell
a 5 pct stake in Oil and Natural Gas Corp. The stake would
be worth around US$3bn, based on the current market
cap and would be a firm statement of the government's
intent to pursue its divestment programme.
RBI said it set a cut-off rate of 8.15% at 3-day term repo
auction. The weighted average rate was at 8.18 pct. In-
dian banks' refinancing with RBI rises to 311.72 bln ru-
pees. Indian banks' cash balances with RBI rises to 3.22
trln rupees.

3. DAILY REPORT
16th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
FUTURE & OPTION
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts
)
Open
Interest
NIFTY PE 7,500 71 3,59,294 48,67,300
NIFTY PE 7,400 37.9 3,18,851 45,78,100
BANKNIFTY PE 7,300 18 2,54,736 45,29,300
BANKNIFTY PE 14,000 43.5 31,966 3,43,400
SBIN PE 2,400 18 4,008 1,76,875
RELIANCE PE 960 13.1 1,923 3,42,750
MCDOWELL-N PE 2,300 21 1,422 2,13,000
INFY PE 3,200 47.65 1,393 2,57,125
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 7,600 54.35 5,45,471 52,37,500
NIFTY CE 7,500 102.05 3,84,600 34,98,200
NIFTY CE 7,700 25.15 3,76,788 50,11,300
BANKNIFTY CE 15,500 90 46,586 5,56,875
SBIN CE 2,500 72.15 8,251 2,25,375
RELIANCE CE 1,000 13.25 3,578 9,54,000
ICICIBANK CE 1,400 28 2,718 3,83,750
IDFC CE 150 4.55 2,373 31,82,000
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 37793 1415.59 35999 1348.30 306466 11530.88 67.30
INDEX OPTIONS 322944 12118.10 301690 11309.64 1605859 60382.96 808.46
STOCK FUTURES 74796 2755.63 68122 2443.59 1548910 55078.33 312.04
STOCK OPTIONS 56356 2089.96 56338 2093.05 114731 4218.43 -3.09
TOTAL 1184.69
INDICES R2 R1 PIVOT S1 S2
NIFTY 7,582.65 7,554.65 7,506.90 7,478.90 7,431.15
BANK NIFTY 15,122.13 15,007.02 14,804.43 14,689.32 14,486.73
STOCKS IN NEWS
Results: Kotak Bank, Bajaj Finance, BajajFinserv, Feder-
alBank, LakshmiVilasBank, SouthIndianBank, Zee Learn.
DLF on mega fundraising drive; eyes Rs 3000-3500cr.
Govt considers selling 5% stake in ONGC.
Tech Mahindra eyes HP's 60.49% stake in Mphasis.
Alstom, NASL to renovate & modernise NTPC's Odisha
plant
SAIL to soon boost coking coal imports by over 60% on
expansion
Glenmark gets final nod from USFDA for skin infection
cream
NIFTY FUTURE
Nifty Future closed in the green in the last trading ses-
sion. We advise buying around 7550 level with strict stop
loss of 7500 for the targets of 7600-7650

4. DAILY REPORT
16th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY MCX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER SEP ABOVE 45250 TGTS 45450,45750 SL 46100
SELL SILVER SEP BELOW 44600 TGTS 44400,44100 SL 44900
GOLD
TRADING STRATEGY:
BUY GOLD AUG ABOVE 27900 TGTS 27980,28080 SL 27800
SELL GOLD AUG BELOW 27560 TGTS 27480,27380 SL 27660
COMMODITY ROUNDUP
Gold fell back to $1,295.96 an ounce and further away from
last week's peak at $1,345.
Oil prices extended their recent decline as rising Libyan sup-
plies and downbeat economic data from Europe sharpened
concerns the global market was heading into a near-term
glut. World oil prices have been falling for three weeks now
as traders shift their focus from violence in Iraq and Libya to
weak global fundamentals. Brent futures lost another 18
cents to $105.84 a barrel, having shed over a dollar on
Tuesday. U.S. crude futures recouped a little of their losses
to be up 23 cents at $100.19 a barrel.
Zinc traded higher by 0.33% to Rs 138.25 per kg in futures
market today as speculators enlarged positions amid a firm-
ing global trend and rising domestic demand. At the MCX
zinc for delivery in July edged up by 45 paise, or 0.33%, to
Rs 138.25 per kg in a business turnover of 4,553 lots.
The metal for delivery in August traded higher by a similar
margin to Rs 138.90 per kg in 212 lots. Attributed the rise in
zinc prices at futures trade to a firming trend overseas
where it traded at its near-highest level since August 2011
as inventories continued to decline. Meanwhile, inventories
tracked by the LME fell for the eleventh day to 659,975 ton-
nes, the lowest level since December 2010, according to
bourse data. Meanwhile, zinc for delivery in three months
rose 0.4% to $2,315.75 per metric tonne at the LME
Taking positive cues from overseas markets, silver prices
recovered by 0.37% to Rs 45,925 per kg in futures trading
today as speculators enlarged positions. At the Multi Com-
modity Exchange, silver for delivery in far-month December
rose by Rs 170, or 0.37%, to Rs 45,925 per kg in business
turnover of five lots.
The white metal for delivery in September traded higher by
Rs 148, or 0.33%, to Rs 45,060 per kg in 433 lots. Fresh posi-
tions built up by speculators at prevailing levels helped sil-
ver futures to trade higher. Meanwhile, silver traded little
changed at $20.82 an ounce in Singapore.

5. DAILY REPORT
16th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA AUG ABOVE 12000 TGTS 12030,12080 SL
11950
SELL DHANIYA AUG BELOW 11870 TGTS 11840,11790 SL
11920
GUARSEED
BUY GUARSEED AUG ABOVE 5740 TGTS 5770,5820 SL 5690
SELL GUARSEED AUG BELOW 5645 TGTS 5615,5565 SL 5695
NCDEX
NCDEX INDICES
Index Value % Change
Castor Seed 4242 -0.21
Chana 2790 0.00
Coriander 11360 +1.18
Cotton Seed Oilcake 1702 +0.95
Guarseed 5520 +1.94
Jeera 11460 +0.09
Mustard seed 3565 +0.22
Soy Bean 3959 +2.33
Sugar M Grade 2966 -0.54
Turmeric 6314 +0.64
NCDEX ROUNDUP
The Sugar mills have asked the government to announce by
July 23, that the subsidy of Rs 9/quintal of cane, as prom-
ised last year, would be given to them against the cane
price of 2013-14 season.
Cardamom prices rose by Rs 12.10 to Rs 1,000 per kg in fu-
tures trade yesterday, largely in tandem with a firming
trend in spot markets on pick-up in demand amid restricted
arrivals. On MCX cardamom for July delivery surged Rs
12.10, or 1.22%, to Rs 1,000 per kg in a business volume of
12 lots. August cardamom gained Rs 7, or 0.75%, to Rs 935
per kg in a business volume of 135 lots. Pick-up in demand
in spot markets against restricted arrivals from producing
regions influenced cardamom prices in the futures market.
The Union government is contemplating a temporary ban
on export of onion to improve domestic supplies, as a bad
monsoon threatens to impact the coming crop.
The Centre has directed states to cut the procurement of
levy rice from 30-75 per cent of the overall purchase from
mills to 25 per cent, from the procurement season begin-
ning October. It is also considering doing away with the levy
purchase mechanism in 2015-16. Through this mechanism,
states buy paddy from millers for selling it through ration
shops, the subsidy burden of which falls on the Centre.

6. DAILY REPORT
16th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
JPY/INR
BUY JPY/INR ABOVE 59.48 TGTS 59.63, 59.78 SL 59.28.
SELL JPY/INR BELOW 59.03 TGTS 58.88, 58.73 SL 59.23.
GBP/INR
BUY GBP/INR ABOVE 103.44 TGTS 103.59, 103.74 SL 103.24.
SELL GBP/INR BELOW 103.01 TGTS 102.86, 102.71 SL 103.21.
CURRENCY ROUNDUP
The rupee rose from a session low of 60.2450 to trade at
60.09/60.10, as gains in shares helped offset dollar demand
from state-run banks. It closed at 60.07/60.08 on Monday.
State-run banks have been mopping up dollars for oil- and
defence-related payments in the recent sessions, aiding the
Some of this demand could be for the government's effort
to pay Iran a part of its oil dues. The Indian rupee fell for a
second session in a row as dollar demand from state-run
banks for oil-and defence-related payments offset a recov-
ery in shares after a five-day losing streak. The partially con-
vertible rupee ended at 60.12/13 per dollar compared with
60.07/08 on Monday.
The single currency Euro took a mauling from the pound,
which jumped when UK inflation surprised with a high read-
ing, stoking speculation for interest rates to rise this year.
The euro sank to a two-year trough at 79.08 pence, while
sterling made a six-year peak on the dollar at $1.7191. The
U.S. currency still managed to gain elsewhere and its index
edged up to a three-week high at 80.416. An early mover in
Asia was the New Zealand dollar, which slid to $0.8714 after
the country reported softer-than-expected inflation.
The dollar clung to modest gains early on Wednesday after
bulls latched onto a comment by the head of the Federal
Reserve that rates could rise sooner if employment contin-
ued to improve, while strong inflation sent sterling to a six-
year high.
Oil prices dropped by as much as $2 on Tuesday, deepening
their biggest slide this year as rising Libyan supplies and
downbeat economic data sharpened concerns the global
market was heading into a near-term glut.
The bond market traded in a narrow range on Tuesday, ab-
sorbing Federal Reserve Chair Janet Yellen's message that
the U.S. economic recovery remains incomplete and early
signs of a pick-up in inflation are not enough to accelerate
anticipated interest rate increases.
CURRENCY
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 60.2195 Yen-100 59.2700
Euro 81.9510 GBP 102.7947

7. DAILY REPORT
16th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
CALL REPORT
PERFORMANCE UPDATES
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
15/07/14 MCX GOLD AUG. BUY 27900 27980-28080 27800
NO PROFIT NO
LOSS
15/07/14 MCX GOLD AUG. SELL 27700 27620-27520 27800 BOOKED PROFIT
15/07/14 MCX SILVER SEP. BUY 45250 45450-45750 46100
NO PROFIT NO
LOSS
15/07/14 MCX SILVER SEP. SELL 44850 44650-44350 45150 BOOKED PROFIT
15/07/14 NCDEX GUARSEED AUG. BUY 5580 5610-5660 5530 BOOKED PROFIT
15/07/14 NCDEX GUARSEED AUG. SELL 5500 5470-5420 5550 NOT EXECUTED
15/07/14 NCDEX DHANIYA AUG. BUY 11865 11895-11945 11815
BOOKED FULL
PROFIT
15/07/14 NCDEX DHANIYA AUG. SELL 11780 11750-11700 11830 NOT EXECUTED
15/07/14 USD/INR JULY BUY 60.36 60.51-60.66 60.16
NO PROFIT NO
LOSS
15/07/14 USD/INR JULY SELL 60.06 59.91-59.76 60.26 NOT EXECUTED
15/07/14 EUR/INR JULY SELL 81.91 81.76-81.61 82.11
NO PROFIT NO
LOSS
15/07/14 EUR/INR JULY BUY 82.20 82.35-82.50 82.00 SL TRIGGERED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
15/07/14 NIFTY FUTURE SELL 7440 7390-7340 7510 NOT EXECUTED
15/07/14 ARVIND FUTURE BUY 210-212 215-218 205
BOOKED FULL
PROFIT
15/07/14 ORIENTAL BANK FUTURE BUY 282-285 288-292 279 BOOKED PROFIT
15/07/14 JUST DIAL CASH BUY 1600 1632-1664 1568 SL TRIGGERED
14/07/14 NIFTY FUTURE SELL 7480 7430-7380 7530 CALL OPEN
14/07/14 AXIS BANK FUTURE SELL 1840-1850 1810-1780 1880 SL TRIGGERED
11/07/14 NIFTY FUTURE SELL 7480 7430-7380 7530 CALL OPEN

8. DAILY REPORT
16th
JULY 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS
MONDAY, JULY 14
NONE SCHEDULED
TUESDAY, JULY 15
8:30 AM RETAIL SALES JUNE 0.6% 0.3%
8:30 AM RETAIL SALES EX-AUTOS JUNE 0.6% 0.1%
8:30 AM IMPORT PRICE INDEX JUNE 0.4% 0.1%
8:30 AM EMPIRE STATE INDEX JULY 17.9 19.3
10 AM JANET YELLEN TESTIMONY
10 AM BUSINESS INVENTORIES MAY 0.6% 0.6%
WEDNESDAY, JULY 16
8:30 AM PRODUCER PRICE INDEX JUNE 0.2% -0.2%
9:15 AM INDUSTRIAL PRODUCTION JUNE 0.2% 0.6%
9:15 AM CAPACITY UTILIZATION JUNE 79.2% 79.1%
10 AM JANET YELLEN TESTIMONY
10 AM HOME BUILDERS' INDEX JULY 50 49
2 PM BEIGE BOOK
THURSDAY, JULY 17
8:30 AM WEEKLY JOBLESS CLAIMS 7-12 N/A 304,000
8:30 AM HOUSING STARTS JUNE 1.00 MLN 1.00 MLN
10 AM PHILLY FED JULY 16.5 17.8
FRIDAY, JULY 18
9:55 AM UMICH CONSUMER SENTIMENT JULY 82.7 82.5
10 AM LEADING INDICATORS JUNE -- 0.5%