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1. DAILY REPORT
22nd AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Asia markets had been soured after the HSBC/Markit Flash China Manufacturing PMI fell to 50.3 in August from July's 18-month high of 51.7, badly missing a Reuters forecast of 51.5. Investors reacted by selling the Australian dollar, of- ten a used as a liquid proxy for bets on China, while the CSI300 of the leading Shanghai and Shenzhen A-share list- ings shed 0.9%. Tokyo's Topix ended up 0.9%, as did the Nikkei.
European stocks ended higher on Thursday, extending their sharp two-week rebound after better-than-expected Ger- man private sector growth figures which reassured inves- tors about the outlook for Europe's biggest economy fol- lowing a soft patch. The FTSEurofirst 300 index of top Euro- pean shares ended 0.7 percent higher at 1,355.09 points, reaching a level not seen since late July.
Wall Street
U.S. stocks ended higher on Thursday, with the S&P 500 at a record after a flurry of positive economic data, as inves- tors hoped for signs from an annual meeting of central bankers that interest-rate hikes are not imminent. The Dow Jones industrial average rose 60.36 points, or 0.36 percent, to 17,039.49. The S&P 500 gained 5.86 points, or 0.29 per- cent, to end at 1,992.37. The Nasdaq Composite added 5.62 points, or 0.12 percent, to 4,532.10.
Previous day Roundup
Markets ended marginally higher on Thursday led by gains in bank shares after Finance Minister Arun Jaitley said that the government was working towards bringing in more professionalism in the functioning of banks and improving risk management, amid the backdrop of the recent scams in some public sector banks. Further, steel shares came under pressure after the government hiked royalty on iron and bauxite. The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891. The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained between 0.3-0.5%.
Index stats
The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [333.41pts], Capital Goods [up 96.55pts], PSU [up 55.37pts], FMCG [up 14.25pts], Auto [down 133.56pts], Healthcare [up 33.78pts], IT [down 12.49Pts], Metals [down 175.65pts], TECK [down 10.05pts], Oil& Gas [up 56.71pts], Power [down 21.23pts], Realty [down 35.77 pts].
World Indices
Index
Value
% Change
D J l
17039.49
+0.36
S&P 500
1992.37
+0.29
NASDAQ
4532.11
+0.12
EURO STO
3124.56
+1.33
FTSE 100
6777.66
+0.33
Nikkei 225
15585.35
-0.01
Hong Kong
25054.16
+0.24
Top Gainers
Company
CMP
Change
% Chg
PNB
970.80
40.95
4.40
BAJAJ-AUTO
2,271.00
72.20
3.28
BPCL
686.65
19.65
2.95
BANKBARODA
903.00
22.70
2.58
SBIN
2,471.00
56.25
2.33
Top Losers
Company
CMP
Change
% Chg
MCDOWELL-N
2,387.00
68.55
-2.79
DLF
196.20
5.10
-2.53
NTPC
142.10
3.20
-2.20
JINDALSTEL
290.95
6.25
-2.10
SSLT
289.90
5.00
-1.73
Stocks at 52 Week’s high
Symbol
Prev. Close
Change
%Chg
ARVIND
252.15
+0.35
+0.14
AUROPHARMA
810.00
14.20
+1.78
BPCL
686.65
19.65
+2.95
CIPLA
492.1
-0.25
-0.05
KOTAK BANK
1017.40
17.40
+1.74
Indian Indices
Company
CMP
Change
% Chg
NIFTY
7891.10
+15.80
+0.20
SENSEX
26360.11
+45.82
+0.17
Stocks at 52 Week’s Low
Symbol
Prev. Close
Change
%Chg

2. DAILY REPORT
22nd AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
STOCK RECOMMENDATIONS [FUTURE]
1. UNION BANK FUTURE
UNION BANK FUTURE is looking bullish on charts, long build up has been seen. We advise you to buy it above 221 for the targets of 229, 238 with the Stop loss of 208
2. IOC FUTURE
IOC Future has given breakout with volume, so seems to be bullish tomorrow, so we recommend to buy it above 372 for the targets of 378– 384 with the SL of 362
EQUITY CASH & FUTURE
STOCK RECOMMENDATION [CASH]
1. GITANJALI
GITANJALI above 200 day SMA. We advise buying around 74.25 level with strict stop loss 72.75 for the targets of 75.75-77.25
MACRO NEWS India foreign exchange reserves and banking credit data to be released by the central bank at 5 p.m. (1130 GMT). RBI has pegged FY15 GDP growth at 5-6 percent with cen- tral estimate at 5.5 percent. The Central Bank also expects inflation to continue on the glide path of 8 percent for FY15. However, it sees upside risks to its 6 percent retail inflation target for 2016. RBI prescribed tighter norms for non-banking financial companies to lend against shares. Move is aimed at tack- ling volatility in the capital market due to offloading of shares by NBFCs. For loans against shares, financial com- panies will have to maintain loan-to-value ratio of 50% India's exports are expected to reach USD 750bn by 2018- 19 with improvement in the global trade scenario, apex exporters body FIEO said today. Global commerce is showing improvement and it is expected to grow at 4.7 per cent this year and 5.3 percent in 2015. The Union cabinet's decision to raise the royalty on miner- als is expected to enrich the Odisha government's coffers by Rs 2,000 crore annually. The increase, especially on iron ore, fulfils an old demand from here. Odisha is the top ore producing state.

3. DAILY REPORT
22nd AUGUST 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
7,900
46.2
5,55,460
41,73,600
NIFTY
PE
7,800
16.65
5,38,416
73,20,100
NIFTY
PE
7,700
7.1
2,55,084
76,04,800
BANKNIFTY
PE
15,000
13.9
34,030
5,00,825
SBIN
PE
2,400
9.7
8,869
3,77,750
SBIN
PE
2,450
22.6
4,413
1,16,000
MCDOWELL-N
PE
2,400
42
3,277
1,23,500
RELIANCE
PE
1,000
12.15
2,371
6,36,500
MOST ACTIVE CALL OPTION
Symbol
Op- tion
Type
Strike Price
LTP
Traded Volume (Contracts)
Open Interest
NIFTY
CE
8,000
16
6,51,884
92,28,900
NIFTY
CE
7,900
50.6
5,97,143
55,88,650
NIFTY
CE
8,100
3.7
1,93,690
38,56,700
BANKNIFTY
CE
15,700
146.45
39,498
1,68,600
SBIN
CE
2,450
50.15
10,668
4,79,250
RELIANCE
CE
1,000
10.5
4,542
10,18,750
IDFC
CE
150
2.1
2,716
27,50,000
TCS
CE
2,500
10.4
2,471
3,80,500
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
40201
1586.02
44209
1743.60
291485
11507.54
-157.58
INDEX OPTIONS
369061
14482.02
355924
13967.15
1715829
67676.85
514.87
STOCK FUTURES
94428
3477.11
74937
2802.50
1387145
50746.99
674.61
STOCK OPTIONS
68823
2584.40
69683
2622.80
83732
3128.56
-38.40
TOTAL
993.5
INDICES
R2
R1
PIVOT
S1
S2
NIFTY
7,952.60
7,921.85
7,888.90
7,858.15
7,825.20
BANK NIFTY
15,812.77
15,644.13
15,553.32
15,384.68
15,293.87
STOCKS IN NEWS Cairn gets environment clearance to hike output from Rajasthan block. Axis bank's board approved raising funds through pri- vate placement. MRF buys Leyland's Chennai property for Rs 210cr SpiceJet -Board approves increase in authorised share capital to Rs 1,500 crore from Rs 1,000 crore SJVN, NEEPCO, THDCIL oppose plan to merge with NHPC
NIFTY FUTURE
Nifty Future closed flate in the last trading session. Mar- ket is range bound . We advise buying above 7940 tgt 7990-8040 SL 7890

4. DAILY REPORT
22nd AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
COMMODITY MCX
RECOMMENDATIONS
SILVER
TRADING STRATEGY:
BUY SILVER SEP ABOVE 42190 TGTS 42390,42690 SL 41900
SELL SILVER SEP BELOW 41900 TGTS 41700,41400 SL 42200
GOLD
TRADING STRATEGY:
BUY GOLD OCT ABOVE 27870 TGTS 27950,28050 SL 27780
SELL GOLD OCT BELOW 27700 TGTS 27620,27520 SL 27800
COMMODITY ROUNDUP
Gold declined in early Thursday trade at Zaveri Bazaar here, following a trend in markets abroad as the yellow metal went down on an indication of a strengthening American economy. The US Federal Reserve released the minutes of its meeting on Wednesday, which showed a modest growth in the United States’ economy. This restored investors’ con- fidence towards other asset classes, including the dollar. As gold has a 'safe haven’ status, it has an inverse relation with such trends. Its price declined one per cent or Rs 280 per 10g in spot trade at Zaveri Bazaar to close at Rs 28,050 per 10g. lowest price in last 7 weeks. Price was down 2.6 per cent in last 7 trading days. Spot premiums have become nil, sometimes negative, over recent months.
Silver prices fell by Rs 211 to Rs 42,130 per kg as specula- tors engaged in reducing positions largely in tune with a weakening trend overseas. At MCX silver for delivery in Sep- tember traded lower by Rs 211, or 0.50%, to Rs 42,130 per kg in a business turnover of 331 lots. Similarly, the white metal for delivery in far-month Dec. declined by Rs 181, or 0.42%, to Rs 42,897 per kg in a business volume of 35 lots. In the international market, silver fell 0.41% to USD 19.37 an ounce in Singapore. A subdued trend in the global mar- kets as minutes of the Federal Reserve's last meeting sig- nalled that policy makers may increase borrowing costs ear- lier than expected amid strengthening dollar, reducing ap- peal of precious metals, put pressure on silver futures here.
Copper futures fell 0.35% to Rs 432.45 per kg yesterday as speculators trimmed positions amid a weak trend in global markets. At MCX, copper for delivery in November declined by Rs 1.50, or 0.35%, to Rs 432.45 per kg in a business turn- over of eight lots. The metal for delivery in August fell by Rs 1.25, or 0.29%, to Rs 423.80 per kg in a business volume of 161 lots A weakening trend in base metals at LME on worse-than-expected manufacturing data from China, the biggest consumer, mainly put pressure on copper prices at futures trade here. Globally, copper for delivery in three-months traded 0.2% lower at $6,995 per tonne at the LME.
Lead fell 0.33% to Rs 136.65 per kg in futures trade today after participants reduced exposures amid a weak trend overseas and sluggish domestic demand. At MCX lead for delivery in September shed 45 paise, or 0.33%, to Rs 136.65 per kg in a business turnover of 45 lots.

5. DAILY REPORT
22nd AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
DHANIYA
BUY DHANIYA SEP ABOVE 12030 TGTS 12060,12110 SL 11980
SELL DHANIYA SEP BELOW 10910 TGTS 10880,10830 SL 10960
GUARGUM
BUY GUARGUM OCT ABOVE 18300 TGTS 18350,18450 SL 18210
SELL GUARGUM OCT BELOW 17915 TGTS 17885,17835 SL 17965
NCDEX
NCDEX INDICES
Index
Value
% Change
Castor Seed
4255
+1.00
Chana
2931
-1.31
Coriander
11927
-0.38
Cotton Seed Oilcake
1825
-0.54
Guarseed
6440
+2.03
Jeera
11265
-0.40
Mustard seed
3444
+0.53
Soy Bean
3411
+0.71
Sugar M Grade
3037
-0.56
Turmeric
6684
+1.52
NCDEX ROUNDUP
The WTO has not accepted the view of the Indian govern- ment on the raw sugar export subsidy whereby it had stated that the export subsidy is aimed at cane millers and farmers and not exporters. According to members of the WTO who have raised the objection on the scheme, such subsidies directly or indirectly benefit the exporters as it helps them in paying their dues owed to the farmers.
Cardamom prices were down by 0.33% to Rs 952.50 per kg in futures trading yesterday after speculators booked profits at prevailing higher levels amid slackened demand in the spot market. Besides, adequate stocks in the physical mar- ket following increased arrivals from producing belts put pressure on cardamom prices. At MCX cardamom for deliv- ery in far-month October declined by Rs 3.20, or 0.33%, to Rs 952.50 per kg in a business turnover of five lots. In a simi- lar fashion, the spice for delivery in September shed Rs 2.80, or 0.29%, to Rs 966.40 per kg in 134 lots. Attributed the fall in cardamom futures to profit-booking by speculators at existing levels and fall in demand in the spot market.
Cardamom prices were down by 0.33% to Rs 952.50 per kg in futures trading yesterday after speculators booked profits at prevailing higher levels amid slackened demand in the spot market. Besides, adequate stocks in the physical mar- ket following increased arrivals from producing belts put pressure on cardamom prices. At MCX cardamom for deliv- ery in far-month October declined by Rs 3.20, or 0.33%, to Rs 952.50 per kg in a business turnover of five lots. .

6. DAILY REPORT
22nd AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
USD/INR
BUY USD-INR ABOVE @60.82 TGT 61.02,61.32 SL 60.55
SELL USD-INR BELOW @60.40 TGT 60.20 ,59.90 SL 60.67
GBP/INR
BUY GBP-INR ABOVE @101 TGT 101.20,101.50 SL 100.73
SELL GBP-INR BELOW @100.40 TGT 100.20,100 SL 100.67
CURRENCY ROUNDUP
The Indian rupee weakened slightly on Thursday, snapping a three-day rising streak, as the dollar rallied broadly after minutes from the Federal Reserve July meeting suggested potentially earlier-than-expected rate hikes.
The U.S. dollar traded at 11-month highs against a basket of major currencies after the Fed's minutes suggested any strong jobs market recovery could lead it to raise interest rates earlier than it had been anticipating. However senti- ment remains broadly supported on strong foreign buying in Indian markets, especially in debt. Foreign banks bought debt worth $2.44 billion on Wednesday, their highest since at least August 2009, clearing house data showed. Foreign funds have purchased $26.4 billion in debt and equities combined so far in 2014. The partially convertible rupee closed at 60.67/68 per dollar compared with 60.61/62 in the previous session.
Some reassuring data from Germany eased pressure on the struggling euro on Thursday after speculation of an earlier rate rise from the Federal Reserve had pushed the dollar to an 11-month high.
The dollar hovered just below its 2014 peak against a basket of major currencies early on Friday, with bulls turning cau- tious ahead of a speech by Federal Reserve Chair Janet Yellen. Brent was trading below $103 a barrel on Friday, heading for a second weekly loss as easing geopolitical risks and higher global oil supply pressured prices. U.S. Treasur- ies drifted higher on Thursday, showing little reaction to stronger-than-expected economic data while investors held out for any developments from the annual central banker get-together in Jackson Hole, Wyoming.
RBI said on Thursday it accepted all 39 bids for 161.73 bil- lion rupees at its one-day repo auction, through which it injects liquidity into the banking system. Indian banks' refi- nancing with RBI rises to 246.94 billion rupees. Indian banks' cash balances with RBI rise to 3.26 trln rupees.
RBI Reference Rate
Currency
Rate
Currency
Rate
Rupee- $
60.7670
Yen-100
58.5300
Euro
80.5590
GBP
100.7213

7. DAILY REPORT
22nd AUGUST 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
21/08/14
MCX GOLD
OCT.
BUY
28280
28360-28460
28200
NOT EXECUTED
21/08/14
MCX GOLD
OCT.
SELL
28150
28070-27970
28240
BOOKED FULL PROFIT
21/08/14
MCX SILVER
SEP.
BUY
42480
42680-42980
42180
NOT EXECUTED
21/08/14
MCX SILVER
SEP.
SELL
42200
42000-41700
42500
BOOKED PROFIT
21/08/14
NCDEX GUARGUM
OCT.
BUY
17710
17740-17840
17620
BOOKED FULL PROFIT
21/08/14
NCDEX GUARGUM
OCT.
SELL
17500
17450-17350
17590
NOT EXECUTED
21/08/14
NCDEX DHANIYA
AUG.
BUY
12050
12080-12130
12000
SL TRIGGERED
21/08/14
NCDEX DHANIYA
AUG.
SELL
11910
11880-11830
11960
SL TRIGGERED
21/08/14
USD/INR
AUG.
BUY
60.90
61.1-61.5
60.65
NOT EXECUTED
21/08/14
USD/INR
AUG.
SELL
60.50
60.30-60.00
60.80
NOT EXECUTED
21/08/14
EUR/INR
AUG.
SELL
80.40
80.20-80.00
80.10
SL TRIGGERED
21/08/14
EUR/INR
AUG.
BUY
80.80
81.00-81.30
80.50
NOT EXECUTED
Date
Scrip
CASH/ FUTURE/ OPTION
Strategy
Entry Level
Target
Stop Loss
Remark
21/08/14
NIFTY
FUTURE
BUY
7925
7975-8025
7875
CALL OPEN
21/08/14
SUNPHARMA
FUTURE
BUY
851-852
857-862
846
BOOKED FULL PROFIT
21/08/14
BIOCON
FUTURE
BUY
485
490-495
480
NOT EXECUTED
21/08/14
SONATA SOFT
CASH
BUY
93.1
95.1-97.1
91.1
BOOKED FULL PROFIT
19/08/14
NIFTY
FUTURE
BUY
7890
7940-7990
7840
BOOKED PROFIT

8. DAILY REPORT
22nd AUGUST 2014
YOUR MINTVISORY Call us at +91-731-6642300
NEXT WEEK'S U.S. ECONOMIC REPORTS
ECONOMIC CALENDAR
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Disclaimer
TIME (ET)
REPORT
PERIOD
ACTUAL
CONSENSUS FORECAST
PREVIOUS
MONDAY, AUG. 18
10 AM
HOME BUILDERS' INDEX
AUG.
--
53
TUESDAY, AUG. 19
8:30 AM
CONSUMER PRICE INDEX
JULY
0.1%
0.3%
8:30 AM
CORE CPI
JULY
0.2%
0.1%
8:30 AM
HOUSING STARTS
JULY
979,000
893,000
WEDNESDAY, AUG. 20
2 PM
FOMC MINUTES
7/29-30
THURSDAY, AUG. 21
8:30 AM
WEEKLY JOBLESS CLAIMS
AUG. 16
--
N/A
9:45 AM
MARKIT FLASH PMI
AUG.
--
55.8
10 AM
PHILLY FED
AUG.
--
23.9
10 AM
EXISTING HOME SALES
JULY
5.02 MLN
5.04 MLN
10 AM
LEADING INDICATORS
JULY
--
0.3%
FRIDAY, AUG. 22
NON SCHEDULED