US stocks rose on Monday on hopes that China will take further accommodative monetary policy action if needed, while merger deals kept traders focused even as volumes were below average.

1. DAILY REPORT
25th NOVEMBER 2014
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Global markets at a glance
Asian shares gave back some of their China-inspired gains on Tuesday, while oil prices slumped ahead of this week's OPEC meeting. MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.3% after rallying in the previous session following China's surprise interest rate cut. Japan's Nikkei stock average added 0.6 percent. Markets in Japan were closed on Monday for a national holiday, and were playing catch-up to late Friday's news of an unexpected reduction to interest rates from the People's Bank of China.
Wall Street Update
US stocks rose on Monday on hopes that China will take further accommodative monetary policy action if needed, while merger deals kept traders focused even as volumes were below average. Energy shares weighed, with declines in Exxon and Chevron keeping the Dow industrials flat while the S&P 500 energy sector was down 1%. US crude and Brent fell ahead of an OPEC meeting this week. The Dow Jones industrial average rose 7.84 points, or 0.04 per- cent, to 17,817.9, the S&P 500 gained 5.91 points, or 0.29 percent, to 2,069.41 and the Nasdaq Composite added 41.92 points, or 0.89 percent, to 4,754.89. The Dow and S&P 500 closed at record highs. Volume was low, with about 5.6 billion shares changing hands on US exchanges, below the 6.4 billion average this month, according to BATS Global Markets. The US market will close on Thursday for the Thanksgiving holiday and Friday will be a half-day ses- sion.
Previous day Roundup
Stirred up by positive global news, Indian market main- tained strong upmove throughout the day before ending at record high levels. The Sensex ended up 164.91 points or 0.6 percent at 28499.54 after hitting intra-day record high of 28542. The Nifty closed up 52.80 points or 0.6 percent at 8530.15, after touching intra-day record high of 8534.65. About 1346 shares have advanced, 1734 shares declined, and 116 shares are unchanged.
Index stats
The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 81.00pts], Capital Goods [up 135.54pts], PSU [up 11.97pts], FMCG [down 19.93pts], Realty [up 26.39pts], Power [up 12.78pts], Auto [up 12.74pts], Healthcare [down 66.60pts], IT [up 202.70pts], Metals [up 182.79Pts], TECK [up 84.75pts], Oil& Gas [down 78.93pts].
World Indices
Index
Value
% Change
D J l
17817.90
+0.04
S&P 500
2069.41
+0.29
NASDAQ
4754.89
+0.89
EURO STO
3211.70
+0.55
FTSE 100
6729.79
-0.31
Nikkei 225
17424.13
+0.38
Hong Kong
23894.69
+0.01
Top Gainers
Company
CMP
Change
% Chg
DLF
148.25
7.85
5.59
JINDALSTEL
149.30
6.35
4.44
TATAPOWER
91.90
3.80
4.31
INFY
4,276.00
129.85
3.13
TATASTEEL
476.90
14.00
3.02
Top Losers
Company
CMP
Change
% Chg
POWERGRID
142.95
3.60
-2.46
CIPLA
617.05
10.00
-1.59
RELIANCE
983.80
13.90
-1.39
ACC
1,451.50
13.45
-0.92
SUNPHARMA
834.00
7.00
-0.83
Stocks at 52 Week’s High
Symbol
Prev. Close
Change
%Chg
ADANIPORTS
304.90
1.85
0.61
HDFCBANK
946.80
13.95
1.50
ICICIBANK
1,773.00
42.30
2.44
INFY
4,276.00
129.85
3.13
LUPIN
1,471.90
8.65
0.59
Indian Indices
Company
CMP
Change
% Chg
NIFTY
8530.15
+52.80
+0.62
SENSEX
28499.54
+164.91
+0.58
Stocks at 52 Week’s Low
Symbol
Prev. Close
Change
%Chg
- -

2. DAILY REPORT
25th NOVEMBER 2014
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STOCK RECOMMENDATIONS [FUTURE]
1. BHARAT FORGE [FUTURE]
BHARAT FORGE FUTURE is looking strong on charts, long
build up has been seen, we may see more upside, if it sus-tains
above 940 levels. We advise buying around 935-940
levels with strict stop loss of 920 for the targets of 955-975.
2. TCS [FUTURE]
TCS FUTURE is looking strong on charts, long build up has
been seen, we may see more upside, if it sustains above
2650 levels. We advise buying around 2630-2650 levels
with strict stop loss of 2600 for the targets of 2680-2700.
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. TV TODAY NETWORK
TV TODAY NETWORKLTD is looking strong on charts, we
may see more upside, if it sustains above 200 levels. We
advise buying around 205-210 levels with strict stop loss of
200 for the targets of 215-225 levels.
MACRO NEWS
Striking another major deal in less than four
months, Adani Power yesterday entered into a binding
agreement with Avantha Group to buy out its 600 MW
Korba West unit for more than Rs 4,200 crore.
'Indian textile sector has potential to cross $500 bn by
2025'
Power supply deficit declines to one of the lowest levels
this year
Indian Oil Corporation's credit profile to improve:
Moody's
Ashok Leyland sells 32% stake in Hinduja Tech
More than 74 blocks to be auctioned or allotted in 1st
phase.
Allot mines under 'government dispensation' route: SAIL
to Coal Ministry
Government plans to bring all pharma related depart-ments
under one roof
Ban on plastic bottles may hike drug prices
Oxigen Services India in talks to raise Rs 1,230 crore

3. DAILY REPORT
25th NOVEMBER 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
8,500
20.2
9,76,570
48,28,250
NIFTY
PE
8,400
6.35
7,91,891
63,73,150
NIFTY
PE
8,300
3.25
3,13,651
67,28,875
BANKNIFTY
PE
18,000
32
72,275
4,27,450
INFY
PE
4,200
14.55
4,363
1,68,000
SBIN
PE
300
1.05
4,317
31,15,000
TATASTEEL
PE
470
2.6
3,348
7,15,000
RELIANCE
PE
980
4.65
3,280
9,77,000
MOST ACTIVE CALL OPTION
Symbol
Op- tion
Type
Strike Price
LTP
Traded Volume (Contracts)
Open Interest
NIFTY
CE
8,500
54
9,81,031
45,52,200
NIFTY
CE
8,600
9.6
7,37,653
46,07,225
NIFTY
CE
8,550
25
3,46,026
28,76,800
BANKNIFTY
CE
18,300
118
53,400
1,21,625
INFY
CE
4,300
30.45
9,216
2,29,000
TATASTEEL
CE
480
5.45
7,216
13,64,500
RELIANCE
CE
1,000
4.4
7,120
28,76,250
SBIN
CE
310
2.6
6,494
30,81,250
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
127082
3131.45
127695
3081.83
895590
20517.66
49.63
INDEX OPTIONS
580405
14149.88
581132
14176.02
2998551
73868.52
-26.15
STOCK FUTURES
393358
11899.58
398584
12056.74
1749522
52516.52
-157.16
STOCK OPTIONS
72130
2409.20
72483
2423.31
104053
3375.88
-14.11
TOTAL
-147.79
STOCKS IN NEWS Jindal Steel shelves $10 bn project after coal setback. Adani Power buys Avantha Group's Korba West Power Co. for Rs 4,200 crore BPCL to deploy speed boat for security of SPM termi- nal Reliance Communications to raise funds by issuing US dollar-denominated debt Essar Steel raises $1 bn to dollarise balance sheet Dr Reddy's Laboratories launches Docetaxel injection in US.
NIFTY FUTURE
Nifty Future closed upside in the last trading session. We advise buying around 8540-8550 with strict stop loss 8490 for the targets of 8600-8650
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
8,562.38
8,546.27
8,518.53
8,502.42
8,474.68
BANK NIFTY
18,431.68
18,356.82
18,238.23
18,163.37
18,044.78

4. DAILY REPORT
25th NOVEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
NCDEX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER DEC ABOVE 36550 TGTS 36750,37050 SL BE- LOW 36250
SELL SILVER DEC BELOW 35900 TGTS 35700,35400 SL ABOVE 35200
GOLD
TRADING STRATEGY:
BUY GOLD DEC ABOVE 26560 TGTS 26640,26740 SL BE- LOW 26470
SELL GOLD DEC BELOW 26300 TGTS 26220,26120 SL ABOVE 26400
COMMODITY ROUNDUP
U.S. crude edged down about 0.2 percent to $75.65 a bar- rel.
Despite a series of meetings at the Union ministry of fi- nance in the past fortnight, the much-discussed import curbs on gold have yet been announced. As a result, the high premiums for physical delivery of gold have corrected — they’re down by almost half, from $25 an ounce a fort- night earlier to $13 now. There was enough supply as of now, due to higher imports in September and October, of 98 tonnes and 113 tonnes, respectively. In dollar terms, the import bill for these two months was $7.93 billion, which had raised speculation on for import curbs. Imports have been high in November, too, though not as much as the previous two months. The price at the spot market here on Monday has closed only Rs 10 higher at Rs 26,700 for 10g. Silver closed at Rs 37,300 a kg.
Silver prices moved up by 0.30% to Rs 36,190 per kg in fu- tures trade today after investors created fresh positions, ignoring the metal's weakness overseas. At the Multi Com- modity Exchange, silver for delivery in December moved up by Rs 110, or 0.30%, to Rs 36,190 per kg in a business turn- over of 640 lots. On similar lines, the white metal for deliv- ery in March 2015 rose by Rs 92, or 0.25%, to Rs 37,130 per kg in 55 lots. Market analysts attributed the rise in silver prices at futures trade to fresh positions built-up by specu- lators even as metal weakened overseas. Meanwhile, silver fell 0.2% to $16.41 an ounce in Singapore.
So far this year, prices of benchmark ore (62 per cent iron content) have fallen 35 per cent to $75 a tonne, making the operation of a good number of mines across the world, in- cluding almost every unit in China, unviable. The principal steel-making ingredient, now at a five-year low, traded at $160 a tonne in February 2013. Many, including Western Australian premier Colin Barnett, suspect the three leading miners globally - Vale, Rio Tinto and BHP Billiton (which have a commanding share of the global iron ore market) - have united in pushing up supplies of their low cost mineral to edge out medium-to high-cost producers. In the first nine months of this year, when global steel production was up 2.1 per cent at 1.231 billion tonnes (bt), the trio had raised production 12 per cent.

5. DAILY REPORT
25th NOVEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA DEC ABOVE 13040 TGTS 13070,13120 SL 12990
SELL DHANIYA DEC BELOW 12925 TGTS 12895,12845 SL 12975
GUARSGUM
BUY GUARGUM DEC ABOVE 14450 TGTS 14500,14600 SL 14360
SELL GUARGUM DEC BELOW 14210 TGTS 14160,14060 SL 14300
NCDEX
NCDEX ROUNDUP
Cardamom prices fell 1.05% to Rs 852.60 per kg in futures trade yesterday as speculators trimmed positions amid sub- dued demand in the spot market at existing higher levels. Besides, profit-booking by speculators dampened the senti- ment. At MCX cardamom for delivery in Dec. fell by Rs 9.10, or 1.05%, to Rs 852.60 per kg in a business turnover of 328 lots. The spice for delivery in January 2015 shed Rs 8.20, or 0.91%, to Rs 883.50 per kg in 69 lots. Offloading of positions by speculators due to subdued demand in the spot market at existing higher levels against adequate stocks position mainly kept pressure on cardamom prices at futures trade.
Crude palm oil futures prices were down by 0.54% to Rs 459.30 per 10 kg yesterday after speculators booked profits at prevailing levels amid subdued spot demand. Further, a weak trend in edible oils overseas weighed on crude palm oil prices. At MCX, crude palm oil for delivery in December declined by Rs 2.50, or 0.54%, to Rs 459.30 per 10 kg in business turnover of 163 lots. Similarly, the oil for delivery in November fell 40 paise, or 0.08%, to Rs 450.60 per 10 kg in 21 lots. Besides profit-booking by speculators at existing higher levels, subdued demand in the spot market and higher supplies from the major producing belts, put pres- sure on crude palm oil futures prices.
NCDEX INDICES
Index
Value
% Change
CASTOR SEED
4731
-1.99
CHANA
3159
-1.06
CORIANDER
12956
-1.72
COTTON SEED
1363
+0.22
GAUR SEED
5043
-0.75
JEERA
12110
-1.46
MUSTARDSEED
3913
+1.61
SOYBEAN
3369
+1.11
SUGAR M GRADE
2742
-0.33
TURMERIC
6470
+2.41

6. DAILY REPORT
25th NOVEMBER 2014
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GBP/INR
BUY GBPINR ABOVE 97.7500 TGT 97.9500 ,98.1500 SL 97.4500
SELL GBPINR BELOW 97.5000 TGT 97.3000 ,97.2000 SL 97.8000
EUR/INR
BUY EURINR ABOVE 77.5000 TGT 77.7000,77.9000 SL 77.2500
SELL EURINR BELOW 77.2000 TGT 77.0000,76.8000 SL 77.3000
CURRENCY MARKET UPDATES:
The Indian rupee weakened on Monday on sustained buying of dollars by state-run banks and importers even as most other Asian currencies rallied on hopes of more foreign flows after monetary stimulus measures in China and Europe. The sharp fall in the euro following the stimulus talks however weighed on rupee sentiment. The partially convertible rupee closed at 61.9350/9450 per dollar com- pared to 61.7625/7725 on Friday. The fall came even as do- mestic shares hit a record high after China unexpectedly cut rates and as prospects of further stimulus in China and Europe whetted risk appetite globally.
The dollar edged up about 0.1% to 118.44 yen inching back toward a seven-year high of 118.98 touched on Thursday. The dollar traded mixed to lower against most major cur- rencies on Monday in a session void of major economic indi- cators, as investors locked in gains stemming from a recent rally and sold the currency for profits especially on news of an improving German business climate. The U.S. currency has seen hefty demand in recent sessions as markets pre- pare for U.S. monetary to tighten while Europe and Japan move in the opposite direction. The US dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.22% at 88.20. The dollar was up against the yen, with USD/JPY up 0.41% at 118.27, and down against the Swiss franc, with USD/CHF down 0.33% at 0.9668. The greenback was down against the pound, with GBP/USD up 0.28% at 1.5701.
The yen has come under renewed pressure since late last month, when the Bank of Japan stunned markets by ex- panding its massive stimulus program. Minutes of the Oct. 31 meeting released on Tuesday showed BOJ Governor Ha- ruhiko Kuroda proposed the additional steps.
The euro edged down about 0.1 percent to $1.2435 toward a two-year low of $1.2358 touched on Nov. 7. In the off- shore non-deliverable forwards, the one-month contract was at 62.20 while the three-month was at 62.74.
RBI Reference Rate
Currency
Rate
Currency
Rate
Rupee- $
61.7798
Yen-100
52.4100
Euro
76.5946
GBP
96.7842
MCX COMMODITIES & CURRENCY

7. DAILY REPORT
25th NOVEMBER 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
24/11/14
MCX GOLD
DEC.
BUY
26650
26730-26830
26550
NOT EXECUTED
24/11/14
MCX GOLD
DEC.
SELL
26300
26220-26120
26400
NOT EXECUTED
24/11/14
MCX SILVER
DEC.
BUY
36550
36750-37050
36250
NOT EXECUTED
24/11/14
MCX SILVER
DEC.
SELL
35900
35700-35400
35200
NOT EXECUTED
24/11/14
NCDEX GUARGUM
NOV.
BUY
14450
14500-14600
14360
BOOKED PROFIT
24/11/14
NCDEX GUARGUM
NOV.
SELL
14210
14160-14060
14300
SL TRIGGERED
24/11/14
NCDEX DHANIYA
NOV.
BUY
13260
13290-13340
13210
NOT EXECUTED
24/11/14
NCDEX DHANIYA
NOV.
SELL
13125
13095-13045
13175
BOOKED PROFIT
24/11/14
JPY/INR
NOV.
BUY
52.8500
53.05-53.25
52.60
NOT EXECUTED
24/11/14
JPY/INR
NOV.
SELL
52.7500
52.55-52.35
53.00
NO PROFIT NO LOSS
24/11/14
GBP/INR
NOV.
BUY
97.5500
97.75-97.95
97.30
NO PROFIT NO LOSS
24/11/14
GBP/INR
NOV.
SELL
97.3000
97.10-96.90
97.50
BOOKED PROFIT
Date
Scrip
CASH/ FUTURE/ OPTION
Strategy
Entry Level
Target
Stop Loss
Remark
24/11/14
NIFTY
FUTURE
BUY
8515-8520
8565-8615
8465
CALL OPEN
24/11/14
KTKBANK
FUTURE
BUY
140-142
145-148
135
CALL OPEN
24/11/14
HINDALCO
FUTURE
BUY
160-162
165-169
156
SL TRIGGERED
24/11/14
BAJAJ FINSERVE
CASH
BUY
1080-1085
1100-1120
1060
SL TRIGGERED
21/11/14
HEXAWARE
FUTURE
BUY
220-222
225-228
217
SL TRIGGERED
17/11/14
COALINDIA
FUTURE
BUY
350-355
365-375
340
CALL OPEN
13/11/14
HOTEL LEELA
CASH
BUY
24-25
28-30
22
CALL OPEN
12/11/14
SYNDICATE BANK
FUTURE
BUY
128-130
135-139
125
CALL OPEN
07/11/14
ZUARI AGRO
CASH
BUY
280-290
315-330
260
CALL OPEN

8. DAILY REPORT
25th NOVEMBER 2014
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NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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Disclaimer
TIME (ET)
REPORT
PERIOD
ACTUAL
CONSENSUS FORECAST
PREVIOUS
MONDAY, NOV. 24
8:30 AM
CHICAGO FED NATIONAL ACTIVITY INDEX
OCT.
--
0.25 3-MONTH
TUESDAY, NOV. 25
8:30 AM
GDP REVISION
Q3
3.2%
3.5%
9 AM
CASE-SHILLER HOME PRICES
SEPT.
--
5.1% Y-O-Y
9 AM
FHFA HOME PRICES
SEPT.
--
4.8% Y-O-Y
10 AM
CONSUMER CONFIDENCE INDEX
NOV.
95.4
94.5
WEDNESDAY, NOV. 26
8:30 AM
WEEKLY JOBLESS CLAIMS
NOV. 22
N/A
N/A
8:30 AM
PERSONAL INCOME
OCT.
0.4%
0.2%
8:30 AM
CONSUMER SPENDING
OCT.
0.3%
-0.2%
8:30 AM
CORE PCE PRICE INDEX
OCT.
--
0.1%
8:30 AM
DURABLE GOODS ORDERS
OCT.
-1.3%
-1.1%
9:45 AM
CHICAGO PMI
NOV.
--
66.2
9:55 AM
CONSUMER SENTIMENT INDEX
NOV.
--
89.4
10 AM
NEW HOME SALES
OCT.
466,000
467,000
10 AM
PENDING HOME SALES
OCT.
--
0.3%
THURSDAY, NOV. 27
THANKSGIVING DAY NONE SCHEDULED
FRIDAY, NOV. 28
NONE SCHEDULED