epic research special report of 28 aug 2015

DAILY REPORT

28th

AUG. 2015

YOUR MINTVISORY Call us at +91-731-6642300

Global markets at a glance

Asian shares extended a global rally on Friday after upbeat

U.S. economic data calmed sentiment, with Chinese stocks

jumping for the second day following a rocky start to the

week.

European shares rose on Thursday, buoyed by gains on

Asian and U.S. markets after a leading U.S. central bank

official said the prospect of a September rate hike seemed

"less compelling" than before. The pan-European FTSEuro-

first 300 index, which had fallen 1.9 percent on Wednes-

day, bounced back up by 2.5 percent. The euro zone's blue-

chip Euro STOXX 50 index also advanced by 2.4 percent.

Previous day Roundup

A benchmark index of Indian equities markets Friday

touched a record high of 27,894.32 points, surpassing pre-

vious high of 27,390.60 points hit Thursday.

Good buying was observed in capital goods, banking, auto,

oil and gas, healthcare, metal and IT, while selling pressure

was seen in consumer durables sector.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay

Stock Exchange (BSE), which opened at 27,439.06 points,

closed trade at 27,865.83 points, up 519.50 points or 1.90

percent from the previous day's close at 27,346.33 points.

The Senxex touched a high of 27,894.32 points and a low of

27,438.28 points in the trade so far.

The S&P capital goods index surged by 413.01 points,

banked moved up by 338.01 points, auto index inched up

by 264.20 points, oil and gas index increased by 238.91

points, healthcare index increased by 237.86 points,

Index stats

The Market was very volatile in last session. The sartorial

indices performed as follow; Consumer Durables [up

542.24pts], Capital Goods [up 224.15pts], PSU [up

143.11pts], FMCG [up 145.85pts], Realty [up 49.62pts],

Power [up 23.91pts], Auto [up 144.69Pts], Healthcare [up

504.12Pts], IT [up 129.93pts], Metals [up 182.67pts], TECK

[up 76.78pts], Oil& Gas [up 241.36pts].

World Indices

Index Value % Change

D J l 16,654.77 +2.27

S&P 500 1,987.66 +2.43

NASDAQ 4,812.71 +2.45

FTSE 100 6,192.03 +3.56

Nikkei 225 19,076.66 +2.70

Hong Kong 21,976.25 +0.23

Top Gainers

Company CMP Change % Chg

HDFC 1,197.80 95.45 8.66

CAIRN 139.45 9.70 7.48

VEDL 91.55 6.00 7.01

NMDC 98.35 6.00 6.50

AMBUJACEM 210.90 12.70 6.41

Top Losers


BHEL 232.30 7.85 -3.27

BAJAJ-AUTO 2,191.60 53.05 -2.36

TCS 2,567.00 9.75 -0.38

WIPRO 549.50 1.75 -0.26

HEROMOTOCO 2,387.00 5.70 -0.24

Stocks at 52 Week’s HIGH

Symbol Prev. Close Change %Chg

JUBLINDS 273.80 3.85 1.43

Indian Indices


NIFTY 7948.95 +157.10 +2.02

SENSEX 26231.19 +516.53 +2.01

Stocks at 52 Week’s LOW

Symbol Prev. Close Change %Chg

MOIL 208.10 -1.45 -0.69

WELSYNTEX 116.00 -1.40 -1.19

http://www.epicresearch.co/

http://www.business-standard.com/search?type=news&q=Sensex

DAILY REPORT

28th

AUG. 2015


STOCK RECOMMENDATION [CASH] 1. KWALITY (CASH)

In last two session KWALITY given around 25% bounce it cross resistance 80.55 and made high of 81.50 but it end at 79.20 since volume also rose as compare to average while 76 is strong support so it will be good to buy around 76-77 use stop loss of 74.50 for target of 79-80.50-82.50

MACRO NEWS

Japan inflation stalls, spending slides in July; BOJ under pressure

Agriculture in India can become a vibrant sector: USIBC

Falling prices, not markets, are the real headache for Chinese firms

'Monsoon may show withdrawal signs from North India from Sep'

Govt strategizes for smooth passage of mines and coal bills.

RBI doubles POS cash withdrawal limits . US economy grows at 3.7% in second quarter Bangalore, Kolkata miss Smart City list . RBI to focus on bringing inflation down to 4 percent

target S&P assigns stable rating to PFC's proposed USD

notes Poor manufacturing could cast a shadow on India's

solar ambitions.

STOCK RECOMMENDATIONS [FUTURE] 1. KSCL [FUTURE]

In last three trading session KSCL Future given recovery from 400 level and in last session it finished with 494.70 around 5% gain, since RSI and Stochastic also given crossover where RSI cross oversold zone here it gain around 25% OI rise in next series so we advise to buy it above 500 for target of 505-510-520 use stop loss of 493.

2. HDFC [FUTURE]

Before last trading session HDFC given break important sup-port of 1160 but in last session it finished at 1200.60 with 8% gain, since today Nifty finished above 7950 so we can see more upside up to 8200. so we advise to buy it around sup-port level 1175-1185 use stop loss of 1155 for target of 1195-1210-1225+.


DAILY REPORT

28th

AUG. 2015


FUTURE & OPTION

MOST ACTIVE PUT OPTION

Symbol Op-

tion

Type

Strike

Price

LTP Traded

Volume

(Contracts)

Open

Interest

NIFTY CE 7,900 49.00 21,08,364 7,00,975

NIFTY CE 7,950 0.05 16,32,477 17,04,575

BANKNIFTY CE 17,200 12.00 1,26,268 51,100

SBIN CE 250 0.05 7,092 10,53,000

TATASTEEL CE 220 6.00 6,627 4,51,000

RELIANCE CE 880 0.05 5,440 2,15,250

TATAMOTOR CE 340 0.05 5,246 9,84,000

INFY CE 1,100 0.05 5,115 6,27,000

MOST ACTIVE CALL OPTION

Symbol Op-

tion

Type

Strike

Price

LTP Traded

Volume

(Contracts)

Open

Interest

NIFTY PE 7,900 0.05 22,08,884 30,69,925

NIFTY PE 7,800 0.05 17,21,203 50,19,100

BANKNIFTY PE 17,000 0.05 1,61,958 3,75,475

SBIN PE 250 0.35 3,972 7,34,000

RELIANCE PE 860 0.10 3,842 2,22,750

DLF PE 110 0.05 3,747 24,02,000

TATASTEEL PE 220 0.05 3,041 4,52,000

YESBANK PE 660 0.05 2,809 3,08,250

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 327903 6834.32 251066 5448.99 788332 16568.26 1385.33

INDEX OPTIONS 1195032 26581.07 1169240 26305.03 2229461 57433.92 276.05

STOCK FUTURES 562685 13455.86 563279 13446.36 1732196 43457.13 9.50

STOCK OPTIONS 32745 811.14 32490 789.42 4049 94.56 21.72

TOTAL 1692.20

STOCKS IN NEWS Tata Sons net profit trebles to Rs 9,060 cr

RCom announces partnership with Jasper for IoT ser-

vices

Cipla to roll out nutritional foods business next year

Vedanta to shut Lanjigarh plant on high production

cost .

NIFTY FUTURE

NIFTY FUTURE moved around 100 points in yesterday trading session, it took upside in later half and close with bullish candlestick but it may also consolidate around current levels as it has some resistance here. So we ad-vise you to buy nifty Future around 7950 for targets of 8030 and 8150 with the stop loss of 7850

INDICES R2 R1 PIVOT S1 S2

NIFTY 8,026.25 7,987.60 7,924.95 7,886.30 7,823.65

BANK NIFTY 17,362.90 17,288.40 17,175.25 17,101.00 16.987.60


DAILY REPORT

28th

AUG. 2015


RECOMMENDATIONS

GOLD

TRADING STRATEGY:

BUY GOLD OCT ABOVE 26400 TGTS 26480,26570 SL BE-

LOW 26500

SELL GOLD OCT BELOW 26200 TGTS 26120,26030 SL

ABOVE 26300

SILVER

TRADING STRATEGY:

BUY SILVER SEP ABOVE 34200 TGTS 34400,34700 SL BE-

LOW 33900

SELL SILVER SEP BELOW 33800 TGTS 33600,33300 SL

ABOVE 34100

COMMODITY ROUNDUP

Copper futures rose sharply on Thursday, as Chinese equity markets rebounded from a heavy selloff in the prior session. This also eased fears of the collapse in the stock markets. Copper for September delivery on the Comex division of the New York Mercantile Exchange jumped 5.0 cents, or 2.23%, to trade at $2.298 a pound during morning hours in London. The U.S. Commerce Department will publish its second esti-mate for second quarter growth.MCX Copper was trading at Rs 332.8 per kg, up 1.14%. The prices tested a high of Rs 335.35 per kg and a low of Rs 330.70 per kg. Resistance for Copper is at Rs 338, while supports for Copper is at Rs 328 per kg.Data from US is due to be released today. Market analysts expect the data to show that the economy grew 3.2% in the three months ended June 30, up from a prelimi-nary estimate of 2.3%, as an improvement in consumer spending and housing offset the drag from the energy sec-tor.

Gold is expected to trade on a weaker note in the floor trades as the US markets getunderway. Strong US economic data and positive cues from global equities can keep the metal under check after the latest correction from seven week high. The US economy grew ata faster 3.7% annual pace in the second quarter, up from the initial estimate of growth ata 2.3% rate, the Commerce Department said Thursday. Consumer spending, the bedrock of US economic activity, was revised up slightly to 3.1%instead of 2.9%. Businesses increased investment by 3.2% increase of a drop of 0.6%. New applications for US unemployment benefits fell by 6,000 to 271,000 in the seven days ended August 22, the first decline after four straight weekly gains. These data are bound to keep US stocks supported after a very strong pullback in last session. Gold has been witnessing selling pressure on rallies today, not holding onto highs above $1120 per ounce.

Crude oil futures rose on Friday in Asian trading, adding to their biggest one-day rally in over six years the day before led by recovering equity markets and news of diminished crude supplies.US crude futures are on track for their first weekly gains in 11 weeks, ending the longest losing streak since 1986. Brent crude is on track for its first weekly gain in two weeks.Stock markets around the world rallied on Thurs-day, shaking off a slump related to China growth fears, as strong US economic data boosted investor sentiment, and the dollar advanced for a third consecutive session.


DAILY REPORT

28th

AUG. 2015


NCDEX

NCDEX ROUNDUP

The “deficit “ monsoon rainfall will ignite fresh buying in Indian agri market as met department is expecting 12 per-cent shortfall in overall rainfall in the current season. The latest data of Indian Met Department stated that India's total monsoon shortfall has risen to 12 per cent with parts like the Marathwada region in Maharashtra witnessing 50 per cent less rainfall from June 1 to August 27.The data sug-gested that around 51 per cent of the country has received normal rainfall - a dip by seven per cent since last week. While 36 percent of the country received deficient rainfall, an increase of seven per cent since last week. The weak monsoon progress has already reduced the sowing pace of major kharif commodities. The total sowing of kharif pulses has been reduced marginally from the last year's total acre-age after witnessing strong start. Moreover, the poor mon-soon will also impact the standing crops and upcoming rabi sowing as data showed that till August 27, the water in these reservoirs was around 91.84 billion cubic metres, which was 87 per cent of last year's level; and 88 per cent of last 10-year average. The major decline has been reported in the reservoirs of eastern, western and southern India.

Selling intensified in guar seed futures on the heels of strong production estimates in the current year accompa-nied with heavy stocks in local mandies. The NCDEX futures declined by almost 4% percent today.

As per the latest data release by State Agriculture Board of Rajasthan, the total acreage of guar seed crop has touched 40 lakh hectares against the target of 39 lakh hectares for the current year.

NCDEX INDICES

Index Value % Change

CAETOR SEED 4054 -0.15

CHANA 4767 0.00

CORIANDER 10759 0.00

COTTON SEED 2039 0.25

GUAR SEED 3920 0.59

JEERA 15780 0.45

MUSTARDSEED 4238 0.24

REF. SOY OIL 576 0.43

TURMERIC 8070 0.65

RECOMMENDATIONS

DHANIYA

BUY CORIANDER SEP ABOVE 10878 TARGET 10908 10958 SL

BELOW 10848

SELL CORIANDER SEP BELOW 10640 TARGET 10610 10560

SL ABOVE 10670

GUARSGUM

BUY GUARGUM OCT ABOVE 8780 TARGET 8830 8900 SL

BELOW 8720

SELL GUARGUM OCT BELOW 8710 TARGET 8660 8590 SL

ABOVE 8770


DAILY REPORT

28th

AUG. 2015


RBI Reference Rate

Currency Rate Currency Rate

Rupee- $ 66.0605 Yen-100 55.0800

Euro 74.9655 GBP 102.3475

CURRENCY

USD/INR

BUY USD/INR SEP ABOVE 66.55 TARGET 66.68 66.83 SL BE-

LOW 66.35

SELL USD/INR SEP BELOW 66.2 TARGET 66.07 65.92 SL

ABOVE 66.4

EUR/INR

BUY EUR/INR SEP ABOVE 75.25 TARGET 75.4 75.6 SL BELOW

75.05

SELL EUR/INR SEP BELOW 74.8 TARGET 74.65 74.45 SL

ABOVE 75

CURRENCY MARKET UPDATES:

After a brief overnight fall, the rupee recovered by 10 paise to settle at 66.04 against the American currency on fresh selling of dollar by banks and exporters amid a smart rebound in local equity markets The domestic unit opened sharply higher at 65.95 per dollar against Wednesday's closing level of 66.14 at the Interbank Foreign Exchange market and rallied further to touch an intra-day high of 65.86 following heavy dollar un-winding by banks and corporate the local currency turned highly volatile in late afternoon trade to re-verse its initial robust gains and slipped back to hit a low of 66.14.Later, it regained some lost ground to settle at 66.04, showing a gain of 10 paise, or 0.15 per cent. The rupee had softened 4 paise yesterday.

China's central bank today set its daily reference rate for the yuan currency at a four-year low against the US dollar, but it closed stronger than the previous day. The yuan was fixed at 6.4085 to the greenback, according to the China Foreign Exchange Trade Sys-tem, just 0.07 per cent weaker from the previous day. But it was the lowest since August 2011, the Shanghai Securities News said on its website.The yuan still ended the day at 6.4053 to the dollar, up from both yesterday's close of 6.4095 and the reference rate, also known as central parityThe lower fixing followed an interest rate cut announced on Tuesday.

Sterling fell to a 1-1/2-month low against the dollar on Thursday after data showing the United States grew robustly in the second quarter, boosting a view that U.S. interest rates could rise this year. Investors are still uncertain about when the Bank of England will raise interest rates, given recent volatility in global stock markets.


DAILY REPORT

28th

AUG. 2015


CALL REPORT

S T O

PERFORMANCE UPDATES

Date Commodity/ Currency

Pairs Contract Strategy Entry Level Target Stop Loss Remark

27/08/15 NCDEX DHANIYA SEPT. BUY 10815 10845-10895 10785 NOT EXEUCTED

27/08/15 NCDEX DHANIYA SEPT. SELL 10660 10630-10580 10690 SL TRIGGERED

27/08/15 NCDEX GUARGUM OCT. BUY 9160 9210-9280 9100 BOOKED PROFIT

27/08/15 NCDEX GUARGUM OCT. SELL 9050 9000-8930 9110 SL TRIGGERED

27/08/15 MCX GOLD OCT. BUY 26600 26680-26770 26500 NOT EXEUCTED

27/08/15 MCX GOLD OCT. SELL 26400 26320-26230 26500 BOOKED FULL PROFIT

27/08/15 MCX SILVER SEPT. BUY 33500 33700-3400 33200 BOOKED FULL PROFIT

27/08/15 MCX SILVER SEPT. SELL 33200 33000-32700 33500 NOT EXEUCTED

27/08/15 USD/INR AUG. BUY 66.75 66.88-67.03 66.68 NOT EXEUCTED

27/08/15 USD/INR AUG. SELL 66.75 66.88-67.03 66.55 BOOKED PROFIT

27/08/15 EUR/INR AUG. BUY 76.5 76.65-76.85 76.30 NOT EXEUCTED

27/08/15 EUR/INR AUG. SELL 75.75 75.60-75.40 75.95 NOT EXEUCTED

Date Scrip

CASH/

FUTURE/

OPTION

Strategy Entry Level Target Stop Loss Remark

27/08/15 NIFTY FUTURE SELL 7820 7700-7600 8000 NOT EXEUCTED

27/08/15 SRTRANFIN FUTURE BUY 785-795 810-830 769 NOT EXEUCTED

27/08/15 JUSTDIAL FUTURE SELL 790-795 775-755 816 SL TRIGGERED

27/08/15 TATAELEXI CASH BUY 1806 1820-1840 1785 NOT EXECUTED

25/08/15 NIFTY FUTURE BUY 7900 8000-8150 7750 BOOKED PROFIT


DAILY REPORT

28th

AUG. 2015


NEXT WEEK'S U.S. ECONOMIC REPORTS

ECONOMIC CALENDAR

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any

responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere ef-

forts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources

that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given

herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made invest-

ment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages in-

vestors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the infor-

mation given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not nec-

essarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without no-

tice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone

who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either

the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this dis-

claimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the

completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the

recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients

(Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Pro-

vided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

Disclaimer

TIME REPORT PERIOD ACTUAL CONSENSUS

FORECAST PREVIOUS

MONDAY, AUG. 24

8:30 AM CHICAGO FED NATIONAL ACTIVITY INDEX JULY -- 0.08

TUESDAY, AUG. 25

9 AM CASE-SHILLER HOME PRICE INDEX JUNE -- -0.2%

9 AM FHFA HOUSE PRICE INDEX JUNE -- 0.4%

10 AM NEW HOME SALES JULY 520,000 482,000

10 AM CONSUMER CONFIDENCE AUG. 93.4 90.9

WEDNESDAY, AUG. 26

8:30 AM DURABLE GOODS ORDERS JULY -1.0% 3.4%

THURSDAY, AUG. 27

8:30 AM WEEKLY JOBLESS CLAIMS AUG. 22 274,000 277,000

8:30 AM GDP 2Q 3.4% 2.3%

10 AM PENDING HOME SALES JULY -- -1.8%

FRIDAY, AUG. 28

8:30 AM PERSONAL INCOME JULY 0.5% 0.4%

8:30 AM CONSUMER SPENDING JULY 0.4% 0.2%

8:30 AM CORE INFLATION JULY 0.1% 0.1%

8:30 AM TRADE IN GOODS JULY -$61.8 BLN -$62.3 BLN

10 AM CONSUMER SENTIMENT AUG. 93.1 92.9
