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1. DAILY REPORT
21st
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asian shares caught Wall Street's gloom in early trading on
Wednesday. Japan's Nikkei stock average .N225 skidded
0.6 percent, with the stronger yen casting a shadow over
exporter shares.
European shares steadied on Tuesday following losses in
the previous three sessions, with telecom company Voda-
fone falling after saying its core earnings would fall in 2015
due to the investment needed in the business. The FTSEu-
rofirst 300 index, which last week hit a six-year high of
1,372.81, was up 0.06 percent at 1,359.66 points. National
benchmark indices in U.K., France and Germany were trad-
ing flat to 0.1 percent higher.
Wall Street Update
U.S. stocks fell in a broad selloff on Tuesday, with major
indexes hitting session lows in afternoon trading, led by
losses in the retail sector after disappointing results from
Staples and TJX Companies. All 10 primary S&P 500 sector
indexes fell, and nearly three-fourths of Nasdaq-listed
names were down for the day. The S&P 500's top five de-
cliners were all retail stocks, including TJX Cos Inc, down
7.6% at USD 53.95, after the owner of off-price chain
stores TJ Maxx and Marshalls reported lower-than-
expected quarterly revenue. The Dow Jones industrial av-
erage fell 137.55 points or 0.83 percent, to end at
16,374.31. The S&P 500 dropped 12.25 points or 0.65 per-
cent, to finish at 1,872.83. The Nasdaq Composite slid
28.92 points or 0.70 percent, to close at 4,096.89.
Previous day Roundup
After a volatile session, the market ended at a flat note but
Nifty clung to 7250-levels. The Nifty was up 11.95 points at
7275.50 while the Sensex closed at 24376.88, up 13.83
points. Rally in small and midcap sectors continued as Jaip-
rakash Power, Triveni Turbine, Voltas, Sadbhav Engg and
Bhusan were leaders.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up 3.72],
Capital Goods [up 25.36pts], PSU [down 127.06pts], FMCG
[up 51.30pts], Realty [up 84pts], Power [up 7 pts], Auto [up
3.72pts], Healthcare [up 147.33pts], IT [up 173.04pts],
Metals [up 190.63pts], TECK [up 112.69pts], Oil& Gas
[down 377.47pts].
World Indices
Index Value % Change
D J l 16374.31 -0.83
S&P 500 1872.83 -0.65
NASDAQ 4096.89 -0.70
EURO STO 3163.93 -0.19
FTSE 100 6802.00 -0.62
Nikkei 225 14,034.92 -0.29
Hong Kong 22,860.54 +0.11
Top Gainers
Company CMP Change % Chg
SSLT 246 18.25 +8.01
NMDC 177.9 8.65 +5.11
BHEL 276.25 9.70 +3.64
TATASTEEL 466.9 16.15 +3.58
WIPRO 497.5 15.45 +3.21
Top Losers
Company CMP Change % Chg
COAL INDIA 364.00 24.95 -6.41
ONGC 398.30 18.45 -4.43
HEROMOTOCO 2357.00 91.40 -3.73
RELIANCE 1080.00 40.05 -3.58
BANKBARODA 938.85 30.25 -3.12
Stocks at 52 Week’s high
Symbol Prev. Close Change %Chg
ABAN 672.9 100.35 +17.53
BGRENERGY 234.5 39.05 +19.98
IBREALEST 82.65 -0.30 -0.36
IOB 71.55 -0.10 -0.14
LICHSGFIN 326 -8.60 -2.57
Indian Indices
Company CMP Change % Chg
NIFTY 7275.50 +11.95 +0.16
SENSEX 24,376.88 +13.83 +0.06
Stocks at 52 Week’s Low
Symbol Prev. Close Change %Chg

2. DAILY REPORT
21st
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. IDFC [FUTURE]
IDFC FUTURE is looking strong on charts, long build up has
been seen, we may see more upside, if it sustains above
140 levels. We advise buying around 135-140 levels with
strict stop loss 128 for the targets of 145-150 levels.
2. ZEE LTD [FUTURE]
ZEE LTD FUTURE is looking strong on charts, long build up
has been seen, we may see more upside, if it sustains above
290 levels. We advise buying around 290-292 levels with
strict stop loss 284 for the targets of 298-304levels.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. BGR ENERGY
BGR ENERGY is looking strong on charts. We advise buying
around 235-240 levels with strict stop loss of 220 for the
targets of 255-275 levels.
MACRO NEWS
The Reserve Bank of India (RBI) would carry on general
banking business and manage public debt of the newly
formed state Telangana from June 2. The central bank and
the state have signed an agreement in this regard.
Aditya Birla Nuvo Ltd on Tuesday reported 11.43 per cent
decline in consolidated net profit at Rs 176.13 crore for
the quarter ended March 31, 2014. It had reported net
profit of Rs 198.87 crore in the January-March quarter of
2012-13 fiscal
Tatas confident of turnaround in European steel arm
Delhi High Court asks centre, RIL to co-operate with ACB
in probe
Reliance Power commissions fourth 660 MW unit of Sasan
UMPP
JSW Steel buys iron ore at Goa's e-auction for steady sup-
ply.
The Reserve Bank of India to sell 150 billion rupees ($2.56
billion) of 91-day and 182-day t-bills. The RBI to also an-
nounce primary dealers' underwriting commitment for
Friday's debt sale. Weekly reserve money data will be re-
leased today.

3. DAILY REPORT
21st
MAY 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 7,200 41.8 3,00,093 27,19,850
NIFTY PE 7,300 83.4 2,63,159 22,60,000
NIFTY PE 7,100 18.45 2,20,272 32,79,450
BANKNIFTY PE 14,500 44.4 21,267 2,00,600
INFY PE 2,900 9.8 3,089 1,12,000
SBIN PE 2,500 53 2,882 1,56,500
DLF PE 180 6.3 2,518 8,68,000
INFY PE 3,000 28 2,398 1,28,500
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 7,400 37 3,62,105 52,56,600
NIFTY CE 7,500 17.65 3,34,007 58,50,050
NIFTY CE 7,300 72.95 3,13,134 36,85,200
BANKNIFTY CE 15,500 145 17,333 2,39,575
UNITECH CE 27 1.15 6,039 75,84,000
RELAINCE CE 1,100 18.65 5,093 12,59,750
INFY CE 3,100 41.45 4,646 2,24,625
MCDOWELL-N CE 2,700 13.9 4,140 8,62,375
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 81451 3002.39 63982 2350.11 471905 17326.09 652.28
INDEX OPTIONS 424641 15541.92 393708 14373.90 2442681 89037.59 1168.03
STOCK FUTURES 152345 5542.12 181573 6555.63 1369890 48034.82 -1013.51
STOCK OPTIONS 61359 2278.99 64874 2367.14 111698 4067.04 -88.14
TOTAL 718.65
INDICES R2 R1 PIVOT S1 S2
NIFTY 7,398.23 7,336.87 7,292.28 7,230.92 7,186.33
BANK NIFTY 15,462.00 15,286.60 15,187.15 15,011.75 14,912.30
STOCKS IN NEWS
Ess Dee Aluminium enters into tie-up with Germany’s
Chemnitz University for R&D in packaging
ACC to pump Rs 3000 crore by 2015 to ramp up capac-
ity in East
Larsen & Toubro gets construction orders worth Rs
1,137 crore in April-May
Tata Housing to invest $400mn to develop township in
Sri Lanka
BPCL signs MoU with IGL for marketing of lubricants
NIFTY FUTURE
Nifty Future closed in the red in the last trading session.
We advise selling around 7300 levels with strict stop loss
of 7350 for the targets of 7250-7200 levels.

4. DAILY REPORT
21st
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 41150 TGT 41350,41650 SL BELOW
40850
SELL SILVER BELOW 40700 TGT 40500,40200 SL ABOVE
41000
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 28250 TGT 28330,28430 SL BELOW
28130
SELL GOLD BELOW 28120 TGT 28040,27940 SL ABOVE
28150
COMMODITY ROUNDUP
MCX Gold futures were trading in a range bound manner as
global prices eased well under $1300 per ounce levels. The
global prices dropped more than ten dollars on worries over
Indian demand and the persistent strength in the US dollar.
Gold demand in India fell by a fourth to 190.3 tonnes in the
quarter to March due to the curbs and have sent local pre-
miums to record highs, WGC said in its quarterly report on
Tuesday. COMEX Gold fell right through $1300 per ounce
following this and currently trades at $1291 per ounce,
down $3 per ounce on the day. MCX Gold is quoting at Rs
28159 per 10 grams, up Rs 15 per 10 grams on the day.
MCX Crude oil futures were little changed today as global
prices stabilized amid Libya supply worries. Clashes be-
tween rebels and the Libyan government may further inter-
rupt supplies from the region. However, a rather modest
outing in global stocks kept advances limited for oil prices.
WTI Crude slipped from its intraday highs near $103 per
barrel and currently trades at $102.45 per barrel, down 14
cents per barrel on the day. MCX Crude oil quotes at Rs
6013 per barrel on the day, up Rs 3 per barrel on the day.
The prices moved in a range of Rs 6045- 6005 per barrel.. In
China, GDP growth and other indicators of activity eased a
little in early 2014.
The prices of Copper have been sideways due to lack of any
substantial triggers. Meanwhile, MCX Copper was trading at
Rs 411.55 per kg, down 0.13%. The prices tested a high of
Rs 414.45 per kg, and a low of Rs 411.3 per kg. In 2014, do-
mestic Copper prices have faced losses of more than 12%.
This is due to the fact that the growth rates of China have
been dwindling even as the supply side deficit persists in
world markets. China accounts for 40 percent of the con-
sumption of Copper.
Zinc prices down by 0.24 per cent to 122.45 per kg in fu-
tures trade yesterday as speculators trimmed positions af-
ter metal weakened at the London Metal Exchange (LME).
At the Multi Commodity Exchange, zinc for delivery in June
declined by 30 paise, or 0.24 per cent, to Rs 122.45 per kg in
business turnover of two lots. The May contract shed 25
paise, or 0.20 per cent, to Rs 121.90 per kg in 335 lots. The
weakness in zinc at futures trade was mostly attributed to
weakness in copper and other base metals at the LME.
COMMODITY MCX

5. DAILY REPORT
21st
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHNAIYA JUN ABOVE 9540 TGTS 9570,9620 SL 9490
SELL DHANIYA JUN BELOW 9480 TGTS 9450,9400 SL 9530
GUARSEED
BUY GUARSEED JUN ABOVE 5220 TGTS 5250,5300 SL 5170
SELL GUARSEED JUN BELOW 5100 TGTS 4970,4920 SL 5150
NCDEX
NCDEX INDICES
Index Value % Change
Castor Seed 3900 +0.70
Chana 2925 +0.03
Coriander 9140 -0.50
Cotton Seed Oilcake 1515 +0.07
Jeera 5060 +0.10
Maize– Feed/Industrial
Grade
11150 -0.93
Mustard seed 3444 +0.09
Soy Bean 4320 -4.00
Turmeric 6370 -164
NCDEX ROUNDUP
Chana prices fell further by 1.85 per cent to Rs 2,923 per
quintal in futures trade yesterday as speculators offloaded
positions, triggered by increased supplies from producing
regions. At the National Commodity and Derivative Ex-
change, chana for delivery in June shed Rs 55, or 1.85 per
cent to Rs 2,923 per quintal with an open interest of
1,56,330 lots. The May contract lost Rs 49, or 1.68 per cent
to Rs 2,875 per quintal in 1,130 lots. The fall in chana prices
at futures trade was due to offloading of positions by specu-
lators amid increased supplies from producing regions
against weak demand in the spot market.
Potato prices moved up by 0.51% to Rs 1,355 per quintal in
futures trading today as speculators created fresh positions
after demand in the spot markets picked up. Further, re-
stricted arrivals from producing belts supported the upside.
At the Multi Commodity Exchange, potato for delivery in
June gained Rs 6.90, or 0.51%, to Rs 1,355 per quintal in a
business turnover of 57 lots. Potato for delivery in May also
traded up by Rs 3, or 0.23%, to Rs 1,307 per quintal in 12
lots. Fresh positions built-up by speculators, driven by rising
demand in the spot markets against limited arrivals from
producing regions, mainly led to rise in potato prices at fu-
tures trade.
RECOMMENDATIONS
DHANIYA
BUY DHANIYA JUN ABOVE 9685 TGTS 9715,9765 SL 9635
SELL DHANIYA JUN BELOW 9540 TGTS 9510,9460 SL 9590
GUARSEED
BUY GUARSEED JUN ABOVE 5270 TGTS 5300,5400 SL 5220
SELL GUARSEED JUN BELOW 5210 TGTS 5180,5130 SL 5260

6. DAILY REPORT
21st
MAY 2014
YOUR MINTVISORY Call us at +91-731-6642300
JPY/INR
BUY JPY/INR ABOVE 58.16 TG 58.31, 58.51 SL 57.96
SELL JPY/INR BELOW 57.92 TG 57.77, 57.57 SL 58.12
EUR/INR
BUY EUR/INR ABOVE 80.68 TG 80.83, 81.03 SL 80.48
SELL EUR/INR BELOW 80.40 TG 80.25, 80.05 SL 80.60
CURRENCY ROUNDUP
The Indian rupee snapped a four-day gaining streak on
Tuesday, retreating from 11-month highs hit in the previous
session after oil importers rushed in to buy dollars, while a
rally in domestic shares slowed after powerful recent gains.
The partially convertible rupee closed at 58.63/63 per dollar
versus 58.59/60 on Monday. the dollar buying by state-
owned banks, which they said was likely on behalf of the
central bank, also aided the rupee's fall. The intervention
was spotted around 58.60 rupee levels.
Lower U.S. Treasury yields held the dollar near a 3-1/2
month low against the yen early on Wednesday, with mar-
kets looking for potential catalysts from the Bank of Japan's
policy review later in the day.
The euro fell to 16-month lows against the pound on Tues-
day after data showed that inflation in the U.K. rose more
strongly than expected last month but also indicated that
that consumer prices are rising faster than wages. EUR/GBP
was last at 0.8138, down 0.17% for the day after falling as
low as 0.8120 earlier, the weakest level since early January
2013.
The pound touched session highs against the dollar on Tues-
day after data showed that U.K. inflation rose at a faster
than forecast rate in April, but gave back some gains after
the data also showed that consumer prices are rising faster
than wages. GBP/USD was last trading at 1.6825, just 0.07%
higher for the day after briefly touching highs of 1.6864.
On Tuesday, sterling rose to 16-month highs against the
euro, with EUR/GBP touching lows of 0.8118. The euro re-
mained under pressure from mounting expectations for
monetary easing by the European Central Bank at its next
meeting in June and data last week showing that the euro
zone economy grew at a slower than forecast rate in the
first quarter.
CURRENCY
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 58.7455 Yen-100 57.9300
Euro 80.5261 GBP 98.7747

7. DAILY REPORT
21st
MAY 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
20/05/14 MCX GOLD JUNE BUY 28320 28400-28500 28200 NOT EXECUTED
20/05/14 MCX GOLD JUNE SELL 28000 27920-27800 28100 NOT EXECUTED
20/05/14 MCX SILVER JULY BUY 41150 41350-41650 40850 NOT EXECUTED
20/05/14 MCX SILVER JULY SELL 40500 40300-40000 40800 NOT EXECUTED
20/05/14 NCDEX GUARSEED JUNE BUY 5220 5250-5300 5170 BOOKED PROFIT
20/05/14 NCDEX GUARSEED JUNE SELL 5100 4970-4920 5150 BOOKED PROFIT
20/05/14 NCDEX DHANIYA JUNE BUY 99540 9570-9620 9490 NOT EXECUTED
20/05/14 NCDEX DHANIYA JUNE SELL 9480 9450-9400 9530 BOOKED PROFIT
20/05/14 GBP/INR MAY BUY 98.80 98.94-99.09 98.59 BOOKED FULL PROFIT
20/05/14 GBP/INR MAY SELL 98.48 98.33-98.18 98.69 NOT EXECUTED
20/05/14 EUR/INR MAY SELL 80.29 82.15-80.00 80.50 NOT EXECUTED
20/05/14 EUR/INR MAY BUY 80.80 80.94-81.09 80.59 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
20/05/14 NIFTY FUTURE BUY 7340 7370-7420 7300 CALL OPEN
20/05/14 JSWSTEEL FUTURE BUY 1270 1295-1340 1235 SL TRIGGERED
20/05/14 TATACOMM FUTURE BUY 320 330-340 310 BOOKED FULL PROFIT
20/05/14 LIC HOUSING CASH BUY 343 353-363 333 BOOKED PROFIT

8. DAILY REPORT
21st
MAY 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, MAY 19
NONE SCHEDULED
TUESDAY, MAY 20
NONE SCHEDULED
WEDNESDAY, MAY 21
2 PM FOMC MINUTES
THURSDAY, MAY 22
8:30 AM JOBLESS CLAIMS 5/17 N/A N/A
9:45 AM MARKET FLASH PMI APRIL -- 55.4
10 AM EXISTING HOME SALES APRIL 4.70 MLN 4.59 MLN
10 AM LEADING INDICATORS APRIL -- 0.8
FRIDAY, MAY 23
10 AM NEW HOME SALES APRIL 430,000 384,000