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1. DAILY REPORT
16
th
MARCH 2016
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asia markets were mixed Wednesday, following a weaker
finish on Wall Street overnight as as traders await the US
Federal Reserve decision due later in the US and news from
the National People's Congress meeting in China. The US
central bank is widely expected to stand pat on policy, but
analysts will be closely watching the wording of the Federal
OMC's statement for cues on the direction ahead. That un-
certainty is helping to keep markets constrained.
Healthcare and materials stocks pulled Wall Street lower
on Tuesday in a second straight day of quiet trading as in-
vestors cautiously awaited news from the US Federal Re-
serve's two-day policy meeting. While the Fed is not ex-
pected to raise interest rates at its meeting ending on
Wednesday, investors will scour Fed Chair Janet Yellen's
comments for clues indicating a path for future rate hikes.
European shares retreated on Tuesday, led lower by com-
modity stocks, after the Bank of Japan left policy un-
changed but presented a bleaker view of the country's
economy. The STOXX Europe 600 Basic Resources index fell
4.7 percent, the top sectoral decliner, as copper prices
dipped. The European oil and gas index was also down 1.8
percent as crude oil prices slipped.
Previous day Roundup
Fall in global peers and oil prices dragged Indian equity
benchmarks 1 percent Tuesday ahead of Federal Reserve's
two-day meeting that will begin tonight. Pharma, FMCG,
technology and HDFC group stocks were under pressure.
The Sensex fell 253.11 points to 24551.17 and the Nifty
declined 78.15 points to 7460.60. The broader markets also
caught in bear grip as the BSE Midcap and Smallcap indices
slipped 0.8% and 0.6%, respectively.
On the global front, European equities were under pressure
with FTSE, CAC and DAX falling around a percent, tracking a
shaky lead in Asia where markets were mostly lower. The
BoJ decided to keep its monetary policy steady rather than
increasing its firepower. Japan's Nikkei and Hong Kong's
Hang Seng fell 0.7% each while Shanghai gained 0.2%.
Index stats
The Market was very volatile in last session. The sartorial
indices performed as follow; Consumer Durables [up
2.44pts], Capital Goods [down 26.59Pts], PSU [up
19.34pts], FMCG [down 116.61Pts], Realty [down pts],
Power [down pts], Auto [down 121.26Pts], Healthcare
[down 482.50Pts], IT [down 92.27pts], Metals [up
14.17Pts], TECK [down 54.47pts], Oil& Gas [up 25.11pts].
World Indices
Index Value % Change
D J l 17251.53 +0.13
S&P 500 2015.93 -0.18
NASDAQ 4728.67 -0.45
FTSE 100 6139.97 -0.56
Nikkei 225 17051.37 -0.38
Hong Kong 20283.07 -0.03
Top Gainers
Company CMP Change % Chg
SBIN 185.05 3.30 1.82
BANKBARODA 143.50 2.55 1.81
PNB 83.35 1.05 1.28
BOSCHLTD 18,190.00 199.00 1.11
TATASTEEL 300.00 3.00 1.11
Top Losers
Company CMP Change % Chg
LUPIN 1,725.10 144.10 -7.71
HDFC 1,113.15 45.55 -3.93
ZEEL 384.85 15.65 -3.91
DRREDDY 3,133.00 100.65 -3.11
ITC 316.80 8.25 -2.54
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
DHAMPURSUG 83.80 9.25 12.41
DWARKESH 207.45 17.45 9.18
OUDHSUG 65.00 10.80 19.93
SASKEN 418.00 39.80 10.52
SUPREMEIND 773.90 3.90 0.51
Indian Indices
Company CMP Change % Chg
NIFTY 7460.60 -78.15 -1.04
SENSEX 24551.17 -253.11 -1.02
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
IPCALAB 535.90 -6.70 -1.23
GLOBOFFS 260.50 -11.00 -4.05
SPECIALITY 81.60 0.80 0.99
ORBTEXP 270.00 -0.45 -0.17
PRESTIGE 140.15 -1.90 -1.34

2. DAILY REPORT
16
th
MARCH 2016
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATION [CASH]
3. JUBILNT LIFE SCIENCE
JUBILANT LIFE SCIENCE facing profit booking at higher level
in last two session it created greavstone doji on daily chat,
since volatility is high so we advise to sell it on rise around
385 with strict stop loss of 391 for target of 375 360 and
below 355 target may extend up to 340
MACRO NEWS
 See 10-12% growth in FY18; rev to touch Rs 7200 cr:
Crompton
 OMCs to approach govt, EC over petrol, diesel price hike
 RIP: 33-yr old Vicks Action 500 Extra no more on safety
grounds
 Reverse merger of NICE, NECE with BF Utilities in 6
mnths: Kheny
 SC directs Swamy to amend petition against Jet-Etihad
deal
 Mozambique LNG discusses gas export with Indian com-
panies
 GSFC inks in-principle agreement with KRN for debt fi-
nancing
 L&T bags orders worth Rs 1,672 crore
 Lupin receives 9 observations from USFDA for Goa plant
 AuroPharma gets final USFDA nod for osteoporosis drug
 P&G stops selling Vicks Action500 Extra in India after ban
 Glenmark gets final USFDA nod for migraine drug
 Go vt Gets Bids For 7.2 mmscmd In 3rd Round Of Auction
 Gulf Oil International Signed 3-Year Multi Million Dollar
Deal With Man United
 Theoretically possible to cut rates to -0.5%: BOJ's Kuroda
 GMR, GVK, Lanco to get a slice of Rs 1,200-cr gas subsidy
 Govt imposes anti-dumping duty on plastic-processing
imports
 Sebi allows FPIs to invest in REITs, corp bonds under de-
fault
STOCK RECOMMENDATIONS [FUTURE]
1. ENGINERIND [FUTURE]
ENGINERSIND Future is near to last one week support of
160. in last session it consolidate in range of 162-160 since
the market taken reversal from resistance of 7600 for that
we can see more weakness in upcoming days so sell it below
160 for target of 158 155.50 with stop loss of 162
2. ADANIPORTS [FUTURE]
ADANIPORTS faced profit booking near breakout level of 233
before last session it cross these level but it finished with
doji candle in last session it breached around 1.50% which is
confirmation of trend reversal so we advise to sell it around
231-232 with strict stop loss of 235 for target of 228 225.

3. DAILY REPORT
16
th
MARCH 2016
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 7,600 48.00 2,49,684 61,58,250
NIFTY CE 7,700 22.55 1,93,923 66,77,925
BANKNIFTY CE 16,000 86.10 57,841 6,76,350
CROMPGREA CE 50 1.05 5,663 37,44,000
SBIN CE 190 4.50 3,895 41,34,000
SBIN CE 185 6.70 2,586 22,52,000
TATASTEEL CE 300 11.00 2,445 22,34,000
LUPIN CE 1,800 29.15 2,336 1,84,800
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 7,400 65.40 2,29,631 50,64,600
NIFTY PE 7,500 103.40 2,28,928 40,55,950
BANKNIFTY PE 15,000 150.10 46,888 5,87,580
LUPIN PE 1,700 42.80 3,139 1,25,700
SBIN PE 180 3.75 2,010 24,64,000
CROMPGREA PE 40 1.40 1,957 14,31,000
TATASTEEL PE 290 6.40 1,805 13,00,000
LUPIN PE 1,750 63.50 1,489 57,300
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 35287 1892.96 25150 1339.28 308544 16937.29 553.68
INDEX OPTIONS 413802 22716.74 398207 21843.26 1391184 76774.47 873.48
STOCK FUTURES 60762 2838.58 75739 3522.18 1036854 46603.35 -683.60
STOCK OPTIONS 34451 1611.78 34731 1616.60 79887 3648.18 -4.82
TOTAL 738.75
STOCKS IN NEWS
 HDFC tanks 4%, Goldman Sachs downgrades on corpo-
rate lending biz
 TVS eyes 10% sales growth in domestic two-wheeler
next fiscal
 ICICI Bank launches contactless mobile pay solution
'iTap'
 Cairn India gets over `29000 cr tax demand
 Reliance Capital eyes Indian assets of JP Morgan AMC
 Wipro Partners With Schneider Electric
 Adani Enterpries’ coal project gets Queensland parlia-
ment’s nod
 Crompton sheds 74% as consumer pdts biz demerger
takes effect
NIFTY FUTURE
Nifty in yesterday trading session as expected took resis-
tance around 7550 and came down around 80 points,
though the movement in the market was very monoto-
nous. For tomorrow again we see Nifty downside, so we
advise you to sell Nifty from around 7490 for the targets
of 7410 and 7300 with strict stop loss of 7600
INDICES R2 R1 PIVOT S1 S2
BANK NIFTY 15446 15386 15327 15267 15208
NIFTY 7580 7520 7486 7426 7392

4. DAILY REPORT
16
th
MARCH 2016
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 29100 TARGET 29180 29280 SL 29000
SELL GOLD BELOW 28900 TARGET 28820 28720 SL 29000
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 37200 TARGET 37400 37700 SL 36900
SELL SILVER BELOW 36900 TARGET 36700 36400 SL 37200
COMMODITY ROUNDUP
Following aggressive opposition from jewellers against the
excise duty levy, the government has promised them that
no one would face harassment or raids by government offi-
cials until and unless there was some proof against him/her.
The office of the Commissioner of Central Excise has clari-
fied that excise duty roll-out would be automated to reduce
the possibility of corruption or harassment significantly. In-
dia's Gold imports stood at Rs 9534 crores in February 2016,
recording a drop of 22.40% compared to February 2015.
Silver imports tumbled 54% to Rs 345 crores in February. In
Dollar terms, both Gold and Silver witnessed drops of
29.50% and 58.30% respectively.
Oil prices fell over half a dollar on Tuesday, extending losses
from the previous session as concerns took hold that a six-
week recovery may have petered out due to ongoing over-
supply. The drops came after the OPEC said that global de-
mand for its crude would be less than previously thought in
2016 as supply from rivals proves more resilient to low
prices, increasing the excess supply in the market this
year.OPEC expects global demand for its crude to average
31.52mn bpd in 2016, down 90,000 bpd from last month's
forecast. Brent crude futures were trading at $38.91 per
barrel, down 62 cents from their last settlement. US crude
futures were 67 cents lower at $36.51 a barrel.
Copper price declines have brought sharp cut in the profits
of Antofagasta, one of the biggest Copper mining company
in the world. Revenue fell from $5.1bn in 2014 to $3.4bn
last year, as copper prices sank by roughly 24% amid over-
supply and slowing demand in China, the world's biggest
consumer of raw materials. If the top end of copper target
is achieved the Group will have its highest year of produc-
tion Antofagasta plc ever and, in conjunction with the sav-
ings and productivity programs, will see cash costs before
by-products fall to 2012 levels of $1.65/lb, and net cash
costs to $1.35/lb. Indian Copper was in sharp pressure and
was trading at Rs 332.70 per kg, down 0.40%.
Major production cuts and a substantial draw-down of ex-
change inventory are needed to trigger a sustained price
recovery in nickel, despite a likely market deficit this year,
Russia's Norilsk Nickel said Tuesday. Nickel industry restruc-
turing seems to be picking up pace in 2016. With some pro-
duction cuts already announced in 2015 and further produc-
tion cuts scheduled in 2016, we also see a substantial
amount of high cost nickel operations have been put up for
sale, the world's largest nickel producer said in its 2015 re-
sults statement.

5. DAILY REPORT
16
th
MARCH 2016
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
NCDEX INDICES
Index Value % Change
CHANA 4379 -2.21
CORIANDER 6681 -0.54
COTTON SEED 2130 -1.98
GUAR SEED 3074 -1.57
JEERA 14815 +0.37
MUSTARDSEED 3923 -0.68
SOY BEAN 3662 -0.76
SUGAR M GRADE 3302 +0.76
TURMERIC 9228 -0.65
WHEAT 1627 +2.97
RECOMMENDATIONS
DHANIYA
BUY CORIANDER APR ABOVE 6760 TARGET 6805 6955 SL
BELOW 6695
SELL CORIANDER APR BELOW 6630 TARGET 6585 6435 SL
ABOVE 6695
GUARGUM
BUY CORIANDER APR ABOVE 6760 TARGET 6805 6955 SL
BELOW 6695
BUY GUARGUM APR ABOVE 5620 TARGET 5670 5740 SL
BELOW 5560
It could not have come at a worse time, after two consecu-
tive droughts and near absence of any winter rains, farmers
across North, Central and Western parts of the country
were pinning their hopes on the 2016 rabi harvest to re-
coup some of the losses. However, a sudden bout of rains
accompanied by strong winds and hailstorm in some places
since last Friday seems to have shattered their plans. A
maximum damage has happened to standing crops includ-
ing wheat, gram, mustard in some places and someseasonal
fruits like mango, grapes.
In January 2016 Russia exported 273.5 KMT of corn that
was 2.5 times higher than in January 2015 (109,4 KMT).68%
higher corn was exported since the beginning of current
season from Russia than during the same period of season
2014/15 - 1535.1 KMT compared to 911.3 KMT. European
Union became the main corn export destination over four
months of season 2015/16. During the reporting period, the
EU countries accounted for about 29% of the total volume
of corn exported from Russia. Turkey that was the main
importer of Russian corn last season continues to reduce
purchases. In January 2016 Turkey imported 37 KMT
against 79 KMT in January 2015.
Country's vegetable oils import rose by 28% to 11.10 lakh
tonnes last month due to higher shipments of refined
plamolein on low global prices, according to industry body
SEA. Import of refined oil jumped to 7,89,062 tonnes dur-
ing November 2015 to Feb 2016 period from 253,780 ton-
nes in the same period of last year.Crude oil import margin-
ally increased to 43,00,497 tonnes from 39,49,385 tonnes
during the same period of last year. During Nov-Feb, palm
oil import has marginally increased to 29,60,002 tonnes
from 28,03,942 tonnes during the same period of last year.
However, soft oils import sharply increased to 21,29,557
tonnes from 13,99,223 tonnes last year.

6. DAILY REPORT
16
th
MARCH 2016
YOUR MINTVISORY Call us at +91-731-6642300
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 67.2290 Yen-100 59.3100
Euro 74.6444 GBP 95.9223
CURRENCY
USD/INR
BUY USD/INR MAR ABOVE 67.6 TARGET 67.73 67.88 SL BE-
LOW 67.4
SELL USD/INR MAR BELOW 67.55 TARGET 67.42 67.27 SL
ABOVE 67.75
EUR/INR
BUY EUR/INR MAR ABOVE 75.1 TARGET 75.25 75.45 SL BE-
LOW 74.9
SELL EUR/INR MAR BELOW 74.76 TARGET 74.61 74.41 SL
ABOVE 74.96
CURRENCY MARKET UPDATES:
Continuing weakness for a second straight day, the rupee
on Tuesday fell by another 27 paise to close at 67.38 per
dollar on sustained demand for the American currency
from banks and importers. A sharp fall in domestic equity
market also affected the rupee sentiment, a forex dealer
said. The domestic unit opened lower at 67.23 against
Monday's closing level of 67.11 per dollar at the interbank
foreign exchange (forex) market and dropped further to
67.4175 before ending at 67.38, showing a loss of 27 paise
or 0.40 per cent. It has lost 33 paise or 0.49 per cent in two
days. It hovered in a range of 67.1725 and 67.4175 during
the day
The dollar index was up 0.19 per cent against a basket of
six currencies in the late afternoon trade. The dollar was
lower against the yen in late Asian trade, following the
Bank of Japan's widely expected decision to stand pat after
its two-day policy meeting. The Bank of Japan left its
monetary policy unchanged on Tuesday even as it slightly
downgraded its view of the economy. The BoJ will keep the
rate on some commercial banks' reserves at minus 0.1 per
cent. The board also voted 8-1 to leave the central bank's
asset-purchase program, previously its primary policy tool,
unchanged at 80 trillion yen ($705 billion) a year.
The yen strengthened across the board on Tuesday after
the Bank of Japan kept monetary policy unchanged at the
outcome of its latest policy review as investors began to
turn their attention to the Federal Reserve's meeting, set
to begin later in the day. USD/JPY fell 0.68% to 113.05,
while EUR/JPY was down 0.73% at 125.45. The yen was
boosted after the BoJ made no change to monetary policy,
in a widely anticipated decision, as it assesses the eco-
nomic impact of its decision in January to deploy negative
interest rates. The move, which did little to weaken the
yen, has been widely criticized and has contributed to the
growing view that the BoJ's loose monetary policy meas-
ures are losing their effectiveness. The BoJ maintained its
¥80 trillion base money target and a 0.1% negative interest
rate it applies to some reserves.

7. DAILY REPORT
16
th
MARCH 2016
YOUR MINTVISORY Call us at +91-731-6642300
Date
Commodity/ Currency
Pairs
Contract Strategy Entry Level Target Stop Loss Remark
15/03/16 NCDEX DHANIYA APR. BUY 6950 6995-7145 6885 NOT EXECUTED
15/03/16 NCDEX DHANIYA APR. SELL 6680 6635-6485 6745 BOOKED PROFIT
15/03/16 NCDEX GUARGUM MAR. BUY 5720 5770-5840 5660 NOT EXECUTED
15/03/16 NCDEX GUARGUM MAR. SELL 5630 5580-5510 5690 BOOKED FULL PROFIT
15/03/16 MCX GOLD APR. BUY 29300 29380-29480 29200 NOT EXECUTED
15/03/16 MCX GOLD APR. SELL 29200 29120-29020 29300 BOOKED FULL PROFIT
15/03/16 MCX SILVER MAR. BUY 37500 37700-38000 35200 NOT EXECUTED
15/03/16 MCX SILVER MAR. SELL 37200 37000-36700 37500 BOOKED PROFIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
15/03/16 NIFTY FUTURE SELL 7550-7565 7460-7300 7700 BOOKED PROFIT
15/03/16 PFC FUTURE SELL 174-175 170-168 176.25 BOOKED PROFIT
15/03/16 LICHSGFIN FUTURE SELL 462-463 453-440 470 NOT EXECUTED
15/03/16 KITEX CASH SELL 422-425 410-400 430 NOT EXECUTED

8. DAILY REPORT
16
th
MARCH 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, MARCH 14
- -
TUESDAY, MARCH 15
8:30 AM RETAIL SALES FEB. -0.3% 0.2%
8:30 AM RETAIL SALES EX-AUTOS FEB. -0.3% 0.1%
8:30 AM PRODUCER PRICE INDEX FEB. -0.1% 0.1%
8:30 AM EMPIRE STATE INDEX MARCH -10.0 -16.6
10 AM HOME BUILDERS' INDEX MARCH -- 58
10 AM BUSINESS INVENTORIES JAN. 0.0% 0.1%
WEDNESDAY, MARCH 16
8:30 AM CONSUMER PRICE INDEX FEB. -0.2% 0.0%
8:30 AM CORE CPI FEB. 0.2% 0.3%
8:30 AM HOUSING STARTS FEB. 1.158MLN 1.099MLN
8:30 AM BUILDING PERMITS FEB. 1,205MLN 1.202MLN
9:15 AM INDUSTRIAL PRODUCTION FEB. -0.7% 0.9%
9:15 AM CAPACITY UTILIZATION FEB. 76.6% 77.1%
2 PM FOMC ANNOUNCEMENT
2:30 PM JANET YELLEN PRESS CONFERENCE
THURSDAY, MARCH 17
8:30 AM WEEKLY JOBLESS CLAIMS 3/12 N/A N/A
8:30 AM PHILLY FED MARCH -4.0 -2.8
8:30 AM CURRENT ACCOUNT Q4 -- -$124BLN
FRIDAY, MARCH 18
10 AM CONSUMER SENTIMENT MARCH 92.2 91.7