DAILY REPORT 02

nd NOVEMBER 2016

YOUR MINTVISORY Call us at +91-731-6642300

Global markets at a glance

Asian shares stumbled and the US dollar was on the defensive on Wednesday as signs that Republican US presidential candidate Donald Trump could be closing the gap with his Democratic rival Hillary Clinton spooked investors. Anxiety in markets has deepened over a possible Trump victory given uncertainty on the Republican candidate's stance on several issues including foreign policy, trade relations and immigrants, while Clinton is viewed as a candidate of the status quo. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent while Japan's Nikkei fell 1.1 percent. The tumultuous presidential race appeared to tighten after news that the Federal Bureau of Investigation was reviewing more emails as part of a probe into Clinton's use of a private email server.

Wall Street sold off on Tuesday, with the S&P 500 closing at the lowest level since July 7, amid growing concern over the impending US presidential election and prospects for higher US interest rates. Stocks pared losses after falling steeply in early afternoon trading as the S&P 500 breached a key technical level. The tumultuous presidential race between Democrat Hillary Clinton and Republican Donald Trump has appeared to tighten in the past week after news that the FBI was investigating more emails as part of a probe into Clinton's use of a private email system.Real estate , telecommunications and utilities stocks - sectors that tend to perform poorly in rising rate environments - sold off especially sharply.

Previous day Roundup

A divergent trend was witnessed as the barometer index, the S&P BSE Sensex, settled with small losses while the Nifty 50 index settled a tad higher. The barometer index, the S&P BSE Sensex fell 53.60 points or 0.19% to settle at 27,876.61. The Nifty rose 0.55 points or 0.01% to settle at 8,626.25. The Sensex settled below the psychologically important 28,000 level. The Sensex had hovered above and below the mark after regaining that level in early afternoon trade.

Index stats

The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [up 171.31 pts], Capital Goods [up 46.58 pts], PSU [up 23.18 pts], FMCG [down 4.4pts], Realty [up 3.98 pts], Power [down 2.32pts], Auto [up 16.94pts], Healthcare [up 97.91pts], IT[down 37.94pts], Metals [up 31.97 pts], TECK [down 19.55 pts], Oil& Gas [up 20.42 pts].

World Indices

Index Value % Change

DJI 17915 -1..10

S&P500 2097.75 -1.31

NASDAQ 5153.58 -0.69

FTSE100 6917.14 -0.54

NIKKEI 17153.93 -1.68

HANG SENG 22836.70 -1.36

Top Gainers

Company CMP Change % Chg

NTPC 156.05 1.15 0.68

HINDUNILVR 838.00 4.60 0.33

DRREDDY 3,336.50 12.40 0.30

Top Losers

Company CMP Change % Chg

ONGC 282.95 -6.10 -2.14

SBIN 253.50 -5.65 -2.10

ADANIPORTS 298.95 -6.20 -2.03

BANKBARODA 152.35 -3.00 -1.90

YESBANK 1,226.95 -23.75 -1.80

Stocks at 52 Week’s HIGH

Symbol Prev. Close Change %Chg

ACE 57.80 1.60 2.85

APOLSINHOT 336.00 4.60 1.39

BEARDSELL 550.00 -4.20 -0.76

BGLOBAL 6.95 0.30 4.51

BIRLACOT 0.10 0.00 0.00

DUCON 83.45 3.95 4.97

EXCELCROP 1,945.00 -47.40 -2.38

Indian Indices

Company CMP Change % Chg

NIFTY 8626.25 +0.55 +0.01

SENSEX 27876.61 -53.60 -0.19

Stocks at 52 Week’s LOW

Symbol Prev. Close Change %Chg

BIRLACOT 0.10 0.00 0.00

DBSTOCKBRO 16.10 -0.15 -0.92

INFY 985.00 -4.45 -0.45

DAILY REPORT 02

nd NOVEMBER 2016

YOUR MINTVISORY Call us at +91-731-6642300

STOCK RECOMMENDATION [CASH]

DHFL [CASH]

After corrcting from higher levels the stock has taken strong support at 314 level and bounced upside in last two sessions rose with invreased volume participation . On intra daychart the stock has made inverted head and shulder pattern and given breakout with heavy volume thus supported with positive technical indicators the stock is looking good to buy above 330 for the target of 335-350 with SL of 325.

MACRO NEWS

RBI fixes rupee reference rate at 66.7140 against US dollar

NHAI awards Rs 1,444 cr Punjab contract to GR Infraprojects

Tata Motors Oct sales grow 21% on festive demand; exports up 39%

Maruti Suzuki Oct sales fall 0.3%, exports drop 24%; UV up 91%

Ashok Leyland reports 28% hike in October sales Volkswagen India sales up 70% in October Dabur to acquire personal care business of South

African CTL Group Leadership changes on Tata Sons not to impact risk

profile Sonthalia Group plans 600 Mw solar park in Odisha Kellton Tech Q2 net up 38% at Rs 13 crore Freshdesk raises $55 Million from Sequoia Capital India

and Accel Partners Pfizer profit just misses estimates; company scraps

cholesterol drug JSW Energy's hydro benefit unlikely in second half of

FY17 BGR Energy gets Rs 2,600-crore project for 800 Mw

pant in TN Cadila Healthcare gains ahead of presenting new data

of Saroglitazar

STOCK RECOMMENDATIONS [FUTURE]

1.ARVIND[FUTURE]

Previous session we saw some bounce in market but in last one hour profit booking arise for that many of the stocks finished at days low, where Textile sector also positive ans ARVIND future made new 52 week high of 424.90 since on daily chart last three session showing profit booking on every rise and the pattern is bearish so we advise to sell it around 420-421 with stop loss of 425.50 for target of 415 402

2.HAVELLS [FUTURE]

In September series we have seen around 12-14 per cent down fall in Havells stock but in last two week it is creating bottom near 400 psychological level where the 397 is 100dma level so we advise to buy it around 405 intraday target will be 410 412 418 with stop loss of 401.50

DAILY REPORT 02

nd NOVEMBER 2016

YOUR MINTVISORY Call us at +91-731-6642300

FUTURES & OPTIONS

MOST ACTIVE CALL OPTION

Symbol Optio

n

Type

Strike

Price

LTP Traded

Volume

(Contracts)

Open

Interest

BANKNIFTY CE 19,600 48.15 1,18,352 5,60,520

BANKNIFTY CE 19,700 27.10 1,09,319 5,06,600

BANKNIFTY CE 19,800 14.20 1,00,073 4,76,880

MARUTI CE 6,000 82.40 3,368 1,69,200

VEDL CE 220 8.15 2,963 20,10,000

AXISBANK CE 500 6.60 2,178 22,59,600

SBIN CE 260 9.35 2,158 30,69,000

HINDALCO CE 160 5.00 2,154 14,17,500

MOST ACTIVE PUT OPTION

Symbol Optio

n

Type

Strike

Price

LTP Traded

Volume

(Contracts)

Open

Interest

NIFTY PE 8,600 106.00 1,20,267 36,49,650

BANKNIFY PE 19,400 77.00 1,08,001 3,33,240

NIFTY PE 8,500 73.45 92,964 42,29,250

MARUTI PE 5,800 95.80 1,500 67,200

VEDL PE 200 2.45 1,337 24,30,000

MARUTI PE 5,700 63.50 1,318 1,13,400

AXISBANK PE 480 16.00 1,163 8,28,000

YESBANK PE 1,240 25.45 1,128 1,58,200

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 16233 1109.85 24673 1645.17 208226 13872.30 -535.3261

INDEX OPTIONS 392626 27906.46 391439 27722.88 792478 52112.85 183.5774

STOCK FUTURES 96282 6902.67 89558 6207.12 865401 56592.02 695.5546

STOCK OPTIONS 48786 3708.43 46005 3489.99 44186 3052.16 218.4412

562.42

STOCKS IN NEWS GSPC seeks partners for 20 onshore blocks Lupin gets FDA approval for Generic Ortho-Cyclen 28

Tablets Balasore Alloys BM on 3 Nov to allot 2.3cr warrants at

Rs21.5 each to promoter group Rama Steel Tubes BM on 8 Nov to consider 100%

acquisition of Lepakshi Tubes Central Bank of India approved issue of shares worth

Rs156.79cr to LIC NIFTY FUTURE

We would continue with the cautious stance as long as 8745 is not violated convincingly. Before this, 8678 is now seen as immediate hurdle for the index. On the downside, intraday support levels are placed at 8580 - 8550. Since, the market is still lacking clear direction, we would advise traders to stay light as long as the Nifty remains within a range and wait for a breakout to happen from the mentioned range in order to take a direction call on the market. Thus sell it on rise around 8650 for the target of 8580-8500 with SL of 8720.

INDICES R2 R1 PIVOT S1 S2

NIFTY 8691.80 8659.00 8636.70 8603.90 8581.60

BANKNIFTY 19662.00 19560.00 19488.000 19386.00 19314.00

DAILY REPORT 02

nd NOVEMBER 2016

YOUR MINTVISORY Call us at +91-731-6642300

COMMODITY ROUNDUP Tracking firm global trend gold futures were trading higher during the afternoon trade in the domestic market on Tuesday as investors and speculators widened their positions in the precious metal. Analysts attributed the rise in gold prices at the futures trade to positive global cues. At the MCX gold futures for December 2016 contract is trading at Rs 30096 per 10 grams up by 0.49 per cent after opening at Rs 30000 against a previous close of Rs 29950. It touched the intra-day high of Rs 30108 Following gold silver futures were trading higher during the evening trade in the domestic market on Tuesday as participants widened their bets in the precious metal tracking a firm trend in the precious metals overseas. Further analysts attributed the rise in silver prices at futures trade to building up of positions by traders in the precious metal driven by a firm trend in the precious metal overseas. At the MCX silver futures for December 2016 contract is trading at Rs 42970 per kg up by 1.34 per cent after opening at Rs 42494 against a previous close of Rs 42402. It touched the intra-day high of Rs 43080 opper metal closed at rupees 329.65 kg. The prices tested a low of Rs 325.30 per kg. The session of Wednesday will be interesting to watch out for as prices will come in flow of regular sessions. The Commitment of Traders (CoT) report was released last week. This report is expected to give direction to Copper prices in near future. The activity of Merchants was in favor of increasing long and short positions for the week ending 25 Oct 2016. On the other hand, increase was noted in long positions and short positions of Money Managers. The long positions of Merchants were 32375 on 25 October 2016 against 31325 on 18 October 2016, while short positions decreased to 59340 on 25 October 2016 against 61304 on 18 October 2016. Overall the net positions in case of merchants are favoring shorts by 26965. Commitment of Traders showed that the long positions of Money Managers increased by 1634. The total long positions of Copper for the one week period ending was 56342 on 25 October 2016 compared to 54708 on 18 October 2016. Lead futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators indulged in building up of fresh positions in the industrial metal amidst increase in physical demand for lead from battery-makers in the domestic spot market.trade.

RECOMMENDATIONS

GOLD

TRADING STRATEGY:

BUY GOLD ABOVE 30250 TGT 30350 30650 SL 30150

SELL GOLD BELOW 29500 TGT 29400 29200 SL 29600

SILVER

TRADING STRATEGY:

BUY SILVER ABOVE 43700 TGT 43900 44500 SL 43500

SELL SILVER BELOW 43000 TGT 42800 42200 SL 43200

MCX

DAILY REPORT 02

nd NOVEMBER 2016

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NCDEX

NCDEX INDICES

Index Value % Change

BARLEY 1761 +1.82

CORIANDER 7595 0.69

COTTON SEED 1870 -2.04

GUAR SEED 3299 -1.76

JEERA 17135 -1.28

MUSTARDSEED 4540 +0.31

SOYA BEAN 3088 -0.83

SUGAR M GRADE 3410 -1.73

TURMERIC 7364 +0.44

WHEAT 2016 +0.90

RECOMMENDATIONS

DHANIYA

BUY CORIANDER NOV ABOVE 7710 TARGET 7755 7855 SL

BELOW 7645

SELL CORIANDER NOV BELOW 7510 TARGET 7465 7365 SL

ABOVE 7575

GUARGUM

BUY GUARGUM5 NOV ABOVE 6160 TARGET 6210 6280 SL

BELOW 6090

SELL GUARGUM5 NOV BELOW 6070 TARGET 6020 5950 SL

ABOVE 6140

The latest update from United States Department of Agriculture (USDA), the Indian wheat production for MY 2016/17 is revised lower to 87 million metric tons (MMT) based on the continued tight domestic market as reflected by abnormally strong offtake of government wheat by the private trade under the open market sale scheme (OMSS) and firm domestic prices despite improved import prospects of cheaper foreign wheat after the government lowered the import duty . Various market and trade sources continue to estimate the crop in the range of 82-88 MMT against the Government's fourth advance estimate of 93.5 MMT.

Cardamom futures were trading lower during the evening trade in the domestic market on Tuesday as investors and speculators exited their positions in the agri-commodity amid ease of physical demand for cardamom in the domestic spot market. Further sufficient supplies on higher physical arrivals from the major cardamom producing regions too influenced the downtrend in the domestic cardamom prices. At the MCX cardamom futures for November 2016 contract is trading at Rs 1251 per kg down by 3.06 per cent after opening at Rs 1287 against a previous close of Rs 1290.50. It touched the intra-day low of Rs 1242.10

Mentha oil futures were trading higher during the evening trade in the domestic market on Tuesday as investors and speculators widened their positions in the agri-commodity amid rise in physical demand for mentha oil from major consuming industries in the domestic spot market. Further building up of positions by traders in the spot market led by an increase in demand for mentha oil from consuming industries at the domestic spot market against insufficient stocks position on restricted supplies from producing regions supported mentha oil prices at futures trade.

DAILY REPORT 02

nd NOVEMBER 2016

YOUR MINTVISORY Call us at +91-731-6642300

RBI Reference Rate

Currency Rate Currency Rate

Rupee- $ 66.714 Yen 63.680

Euro 73.178 GBP 81.855

CURRENCY

USD/INR

BUY USD/INR NOVABOVE 67.05 TARGET 67.17 67.32 SL

BELOW 66.87

SELL USD/INR NOVBELOW 66.97 TARGET 66.85 66.7 SL

ABOVE 67.17

EUR/INR

BUY EUR/INR NOV ABOVE 73.76 TARGET 73.88 74.08

SL BELOW 73.58

SELL EUR/INR NOV BELOW 73.62 TARGET 73.5 73.3 SL

ABOVE 73.82

CURRENCY MARKET UPDATES:

The rupee was trading at 66.71 against the US dollar,

up 0.11% from its previous close of 66.78. The home

currency opened at 66.69 against the US dollar and

touched a high of 66.67 – a level last seen on 19

October. So far this year, it fell 0.9%.

Asian currencies were trading higher after China

manufacturing PMI jumped to a two- year high.

Malaysian ringgit was up 0.36%, South Korean won

0.35%, Philippines peso 0.27%, Indonesian rupiah

0.12%, Thai Baht 0.09%, Singapore dollar 0.08%.

However, Japanese yen was down 0.23% after Bank of

Japan maintained its policy, China Offshore spot

0.06%The benchmark 10-year government bond yield

was trading at 6.795% compared to Friday’s close of

6.794%. Bond yields and prices move in opposite

directions.

The Indian rupee added gains against the dollar in

early trades on Tuesday, 01 November 2016 on

increased selling of American currency by exporters

and banks amid a higher opening in the domestic

stock market. Besides, infrastructure sector recording

a growth rate of 5 per cent in September, the highest

in three months, made the rupee stronger. The

domestic currency opened at Rs 66.70 against the

dollar and climbed to a high of 66.6750 so far during

the day. In the spot currency market, the Indian unit

was last seen trading at 66.72. The rupee had gained 8

paise to close at 66.79 against the US dollar at the

Interbank Foreign Exchange market on Friday. Forex

market remained closed yesterday on account of

Diwali Balipratipada'As inflation looks set to rise

sharply in the near future, with producer prices

having already suffered a marked increase,

confidence in Sterling has been somewhat limited,

putting the GBP/INR exchange rate on a downtrend.

DAILY REPORT 02

nd NOVEMBER 2016

YOUR MINTVISORY Call us at +91-731-6642300

Date Commodity/ Currency

Pairs Contract Strategy Entry Level Target Stop Loss Remark

28/10/16 NCDEX DHANIYA NOV. BUY 7570 7615-7715 7505 ALLL TARGET

28/10/16 NCDEX DHANIYA NOV. SELL 7500 7455-7355 7565 NOT EXECUTED

28/10/16 NCDEX GUARGUM NOV BUY 6361 6411-6481 6291 NOT EXECUTED

28/10/16 NCDEX GUARGUM NOV SELL 6182 6132-6062 6252 ALL TARGET

28/10/16 MCX GOLD DEC. BUY 30000 30100-30300 29900 ALL TARGET

28/10/16 MCX GOLD DEC. SELL 29700 29600-29500 29800 NOT EXECUTED

28/10/16 MCX SILVER DEC. BUY 42700 42900-43500 42500 ALLL ATRGET

28/10/16 MCX SILVER DEC. SELL 41900 41700-41100 42100 NOT EXECUTED

Date Scrip

CASH/

FUTURE/

OPTION

Strategy

28/10/16 NIFTY FUTURE BUY 8730 8640-8560 8800 NOT EXECUTED

28/10/16 TATAGLOBAL FUTURE BUY 136 138-140 136 PROFIT BOOKED

28/10/16 ZEEL FUTURE BUY 507-100 515-520 500 1ST TARGET

28/10/16 COROMANDEL

INTERNATIONAL CASH BUY 290 294-296 285 1ST TARGET

DAILY REPORT 02

nd NOVEMBER 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, OCT. 31

8:30 AM PERSONAL INCOME SEPT. 0.2%

8:30 AM CONSUMER SPENDING SEPT. 0.0%

8:30 AM CORE INFLATION SEPT. 0.2%

9:45 AM CHICAGO PMI OCT. 54.2

TUESDAY, NOV. 1

9:45 AM MARKIT PMI OCT.

10 AM ISM OCT. 51.5%

10 AM CONSTRUCTION SPENDING SEPT. -0.7%

VARIES MOTOR VEHICLE SALES OCT. 17.7MLN

WEDNESDAY, NOV. 2

8:15 AM ADP EMPLOYMENT OCT. 154,000

2 PM FEDERAL RESERVE ANNOUNCEMENT 0.25-0.50%

THURSDAY, NOV. 3

8:30 AM WEEKLY JOBLESS CLAIMS 10/29 -- --

9:45 AM MARKIT SERVICES PMI OCT. 52.3

10 AM ISM NONMANUFACTURING OCT. 57.1%

10 AM FACTORY ORDERS SEPT. 0.2%

FRIDAY, NOV. 4

8:30 AM NONFARM PAYROLLS OCT. 156,000

8:30 AM UNEMPLOYMENT RATE OCT. 5.0%

8:30 AM AVERAGE HOURLY EARNINGS OCT. 0.2%

8:30 AM FOREIGN TRADE DEFICIT SEPT. -$40.7BLN