CS ROCKING PERFORMANCE OF THE DAY 25TH APRIL

STOCK FUTURES:

FUTURES INTRADAY:
AUROBINDO PHARMA FUTURES BUY CALL 3 TG

UPL LTD FUTURES BUY CALL 2 TG

YES BANK FUTURES BUY CALL 1 TG

BANK OF BARODA FUTURES BUY CALL 1 TG

CARIN INDIA FUTURES SELL CALL 1 TG

ICICI BANK FUTURES SELL CALL COST EXIT

MARUTI FUTURES SELL CALL SL TRIGGERED


PREMIUM FUTURES:

MRF FUTURES SELL CALL 3 TG

AUROBINDO PHARMA FUTURES BUY CALL 2 TG

ORIENTAL BANK FUTURES BUY CALL 2 TG


NIFTY FUTURES:

NIFTY FUTURES SELL CALL 2 TG

BANK NIFTY FUTURES SELL CALL 1 TG


OPTION:

YES BANK 450 CALL BUY CALL 3 TG

AUROBINDO PHARMA 560 CALL BUY CALL 3 TG



OPTION PREMIUM:

AUROBINDO PHARMA 570 CALL BUY CALL 1 TG


STOCK CASH:


STOCK CASH INTRADY:

FRL BUY CALL 3 TG

STRIDES ARCOLAB BUY CALL 3 TG

ORIENTAL BANK BUY CALL 2 TG

BAJAJ ELECTRICALS LTD BUY CALL 1 TG

AUROBINDO PHARMA BUY CALL COST EXIT


STOCK CASH PREMIUM:

HDIL BUY CALL 2 TG

HDIL 2ND BUY CALL 1 TG (BOOKED AT 77.50)

INDIAN EQUITY MARKET WRAP UP 25th APRIL

INDIAN BENCHMARKS ended lower… Nifty below 6800.
 
INDIAN EQUITY BENCHMARKS ended lower to profit taking in the second half of the trading session, amid growth concerns, with private banking majors and index heavyweights ITC and Reliance Industries leading the decline.


Further, Maruti Suzuki reported net profit at Rs 800 crore in the quarter ended March 2014, up 17.5 percent compared to previous quarter that was lower than forecast. ICICI Bank fourth quarter (January-March) net profit jumped 15 percent year-on-year to Rs 2,652 crore, supported by non-interest income and operating profit but impacted by higher provisions.


The crucial resistance for Nifty is now seen at 6880 and above this 6900. Support for the immediate term is now placed at 6700 and next support will be 6670.


NEWS TO WATCH:

·    Watch out for the quarterly earnings of Alembic Pharma, Idea, HUL, KPIT, SKS Micro Finance on 28TH April.

TOP FIVE BUZZING STOCKS: 25TH APRIL

AUROBINDO PHARMA
TREND: BULLISH

SUPPORT: 546

RESISTANCE: 583



M&M

TREND: BULLISH

SUPPORT: 1021

RESISTANCE: 1081



ICICI BANK

TREND: BEARISH

SUPPORT: 1227

RESISTANCE: 1320



UPL

TREND: BULLISH

SUPPORT: 209

RESISTANCE: 234



RELIANCE CAPITAL

TREND: BEARISH

SUPPORT: 358

RESISTANCE: 377

TOP CORPORATE NEWS 25th APRIL 2014

· Biocon Q4 net up 140% YoY, sales up 15%
Biocon consolidated net profit for the March quarter jumped 140 percent year-on-year to Rs 113 crore, and revenues grew 15 percent to Rs 746 crore.


· Strides Arcolab gains on US FDA nod for oral dosage facility
Strides Arcolab has rallied 5% after company announced that its Oral Dosage Forms manufacturing site (KRS Gardens) in Bangalore was recently inspected by the US FDA as part of GMP compliance audit and the facility continues to be approved.


· Cairn India slides on disappointing guidance

Cairn India has dipped 5% after the company guided that the output for the current financial year would remain flat. The company has reported an 18% year on year rise in net profit at Rs 3,305 crore for the fourth quarter ended March 31, 2014 as crude oil production from its showpiece Rajasthan fields soared. The company had profit of Rs 2,564 crore in a year ago quarter.


· Maruti Suzuki Q4 below estimates, net up 17.5% to Rs 800 cr
Maruti Suzuki reported net profit at Rs 800 crore in the quarter ended March 2014, up 17.5 percent (partly boosted by other income) compared to previous quarter.

DAILY COMMODITY MARKET STRATEGY-25th APRIL 2014

BASE METAL WRAP: London copper futures hit a seven-week high on Friday and were headed for their best week in about a month on firm demand in top market China, although growing tensions in Ukraine curbed further gains.

ENERGY WRAP: West Texas Intermediate headed for a weekly loss and its discount to London-traded Brent widened after crude stockpiles expanded to the most since 1931 in the U.S., the world’s largest oil user.

PRECIOUS METAL WRAP: Gold held above a 10-week low as rising tension in Ukraine stoked haven demand and buying increased in China, the world’s largest consumer. Palladium headed for a weekly advance.

GLOBAL EVENTS TO WATCH: Retail Sales m/m, Flash Services PMI, Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations, SNB Chairman Jordan Speaks.

AGRI COMMODITY	COMMODITY
CS CHANA (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:3040 SUP2:2975 RESIST1:3210 RESIST2:3260 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927 +919977499927	CS COPPER (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1: 414 SUP2:412 RESIST1:424 RESIST2:429 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS JEERA (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:10300 SUP2:10200 RESIST1:10740 RESIST2:11200 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS CRUDE (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:6195 SUP2:6140 RESIST1:6340 RESIST2:6420 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS TURMERIC (MAY) OVERVIEW: TREND BULLISH SUP1:6810 SUP2:6600 RESIST1:7100 RESIST2:7320 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS GOLD (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:28640 SUP2:28525 RESIST1:29000 RESIST2:29150 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS SOYABEAN (MAY) OVERVIEW: TREND BULLISH SUP1:4345 SUP2:4285 RESIST1:4700 RESIST2:4800 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS SILVER (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:42470 SUP2:42070 RESIST1:42800 RESIST2:43830 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927

INDIAN EQUITY MARKET OUTLOOK-25th APRIL 2014

INDIAN BENCHMARK  started the day on a subdued note due to quiet set of cues from the global front. Biocon consolidated net profit for the March quarter jumped 140 percent year-on-year to Rs 113 crore, and revenues grew 15 percent to Rs 746 crore.

FURTHER, Cairn India Ltd has posted 18% rise in net profit for the period after giving impact of scheme of arrangement for earlier periods of Rs. 30354.40 mn for the quarter ended March 31, 2014 as compared to Rs. 25636.00 mn for the quarter ended March 31, 2013. Ambuja Cements recorded a net profit of Rs 520 crore for the quarter ended March, a rise of 6.6 per cent compared with Rs 488 crore in the corresponding quarter last year.

Trend in FII flows: The FIIs were net buyers of Rs.767cr in the cash segment on Wednesday while the domestic institutional investors (DIIs) were net sellers of Rs. 533cr, as per the provisional figures released by the NSE.

INDIAN EQUITY MARKET WRAP UP 23 APRIL

INDIAN BENCHMARKS vault to record highs on F&O expiry

INDIAN BENCHMARKS scaled fresh all-time highs on the last day of April derivatives series due to strength in capital goods and banking stocks. Natco Pharma extended gains for the third straight session rising 10% after a US Supreme Court ruling paved the way for the company to launch the generic version of Teva's Copaxone.

Further, Reliance Industries Ltd has raised USD 550 million loan for part-funding expansion of its petrochemical plant and new gasification unit from Japanese banks. YES Bank reported fourth quarter (January-March) net profit at Rs 430 crore, up 18.8 percent compared to same quarter last year, driven by non-interest income.

The crucial resistance for Nifty is now seen at 6880 and above this 6900. Support for the immediate term is now placed at 6700 and next support will be 6650.


NEWS TO WATCH:

·  Watch out for the quarterly earnings of Axis Bank, ICICI Bank, IDFC, UPL, Maruti, Exide Industries on 25TH April.

CS ROCKING PERFORMANCE OF THE DAY 23 APRIL

STOCK FUTURES:
FUTURES INTRADAY:

AUROBINDO PHARMA FUTURES BUY CALL 3 TG

LIC HOUSING FUTURES BUY CALL 3 TG

SHRIRAM TRANSPORT FUTURES BUY CALL 3 TG

RANBAXY FUTURES BUY CALL 2 TG

SUN PHRMA FUTURES BUY CALL 1 TG


PREMIUM FUTURES:

BANK OF BARODA FUTURES BUY CALL 1 TG (BOOKED AT 813.95)

RANBAXY FUTURES BUY CALL SL TRIGGERED


NIFTY FUTURES:

BANK NIFTY FUTURES BUY CALL 2 TG

NIFTY FUTURES BUY CALL BOOKED AT 6858.90


OPTION:

LIC HSG 270 CALL BUY CALL 3 TG

L&T 1340 CALL BUY CALL 3 TG


OPTION PREMIUM:


STOCK CASH:


STOCK CASH INTRADY:
NATCO PHARMA FUTURES BUY CALL 3 TG

ALEMBIC PHARMA BUY CALL 3 TG

HEXAWARE BUY CALL 3 TG (BOOKED AT 180)

RANBAXY BUY CALL SL TRIGGERED

SHASUN PHARMA SL TRIGGERED


STOCK CASH PREMIUM:

NATCO PHARMA BUY CALL 3 TG

ORIENTAL BANK BUY CALL BOOKED AT 244.90

TOP CORPORATE NEWS 23 APRIL 2014

· Natco extends gains on US court ruling over generic Copaxone

Shares of Natco Pharma extended gains for the third straight session rising 10% after a US Supreme Court ruling paved the way for the company to launch the generic version of Teva's Copaxone.


· RIL inches up after tying up ECA facility

Reliance Industries rose 0.36% after the company has signed loan co-financed by JBIC and Japanese banks backed by Nippon Export and Investment Insurance for up to $550 million.


· YES Bank Q4 profit jumps 18% to Rs 430 cr, NPA improves
YES Bank reporting fourth quarter net profit at Rs 430 crore, up 18.8 percent compared to same quarter last year, driven by non-interest income. Net interest income grew 12.8 percent to Rs 719.6 crore on account of a cautious and steady growth in advances during the quarter while other income climbed 17.4 percent to Rs 445.52 crore year-on-year.


· Muthoot Finance dips on discounted price for share sale

Muthoot Finance has dipped 4% after the company fixed price band of Rs 155-165 per share for its proposed share sale, which is at a discount to the prevailing share price.

DAILY COMMODITY MARKET STRATEGY- 23 APRIL 2014

BASE METAL WRAP: Nickel climbed to a 14-month high on concern the collapse of an accord to ease tension between Ukraine and Russia may lead to disruptions in global supply that was already curbed by an Indonesia export ban.

ENERGY WRAP: West Texas Intermediate traded near a two-week low as a manufacturing gauge signaled a fourth month of contraction in China, the world’s second-biggest oil user. Brent was steady in London.

PRECIOUS METAL WRAP: Gold traded above a 10-week low as improvements in the U.S. economy were weighed against tension in Ukraine and signs of higher demand in China. Assets in the largest exchange-traded product held at the lowest in 12 weeks.

GLOBAL EVENTS TO WATCH: CPI q/q, HSBC Flash Manufacturing PMI, French Flash Manufacturing PMI, German Flash Manufacturing PMI, MPC Asset Purchase Facility Votes, MPC Official Bank Rate Votes, Core Retail Sales m/m, Flash Manufacturing PMI, New Home Sales, Crude Oil Inventories.

ARGI COMMODITY	COMMODITY
CS CHANA (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:3040 SUP2:2975 RESIST1:3210 RESIST2:3260 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927 +919977499927	CS COPPER (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:405 SUP2:400 RESIST1:412 RESIST2:418 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS JEERA (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:9800 SUP2:9600 RESIST1:10450 RESIST2:10700 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS CRUDE (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:6195 SUP2:6140 RESIST1:6340 RESIST2:6420 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927
CS TURMERIC (MAY) OVERVIEW: TREND BULLISH SUP1:6810 SUP2:6600 RESIST1:7050 RESIST2:7320 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS GOLD (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:28480 SUP2:28200 RESIST1:29000 RESIST2:29150 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS SOYABEAN (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:4345 SUP2:4285 RESIST1:4520 RESIST2:4700 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS SILVER (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:41500 SUP2:40300 RESIST1:42800 RESIST2:43450 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927

INDIAN EQUITY MARKET OUTLOOK-23 APRIL 2014

INDIAN BENCHMARK open flat amid lacklustre Asian cues and investors are likely to turn cautious with April derivative contracts set to expire today.

FURTHER, Reliance Industries will be in focus as the Supreme Court resumes hearing plea on KG-D6 gas pricing. Tata Motors is in talks with banks for raising $300 mn (Rs 1,800 crore) through dollar-denominated bonds.

Trend in FII flows: The FIIs were net buyers of Rs.162cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net sellers of Rs. 298cr, as per the provisional figures released by the NSE.

CS ROCKING PERFORMANCE OF THE DAY 22ND APRIL

STOCK FUTURES:

FUTURES INTRADAY:

BPCL FUTURES BUY CALL 3 TG

HINDPETRO FUTURES BUY CALL 2 TG

HINDALCO FUTURES BUY CALL 1 TG

RELIANCE INFRA BUY CALL 1 TG

HCL TECH FUTURES BUY CALL EXIT NEAR COST


PREMIUM FUTURES:

MRF FUTURES SELL CALL 3 TG

HINDPETRO FUTURES BUY CALL 3TG

JSW STEEL FUTURES BUY CALL 2 TG


NIFTY FUTURES:

OPTION:

BPCL 470 CALL BUY CALL 3 TG

HINDPETRO 320 CALL BUY CALL 3 TG

L&T 1320 CALL BUY CALL 3 TG


OPTION PREMIUM:

JSW STEEL 1100 CALL 1 TG


STOCK CASH:

STOCK CASH INTRADY:

STC INDIA BUY CALL 3 TG

HINDPETRO BUY CALL 2 TG

JSW HOLDINGS BUY CALL 1TG


STOCK CASH PREMIUM:

SKS MICRO FINANCE BUY CALL 3 TG

LIC HOUSING FINANCE BUY CALL 1TG

INDIAN EQUITY MARKET WRAP UP 22 ND APRIL 2014

INDIAN BENCHMARKS end flat ahead of April F&O expiry.

INDIAN BENCHMARKS closed flat with negative bias as investors turned cautious ahead of the expiry of April derivative contracts on tomorrow.

Further, HDFC Bank fourth quarter (January-March) net profit rising 23 percent year-on-year to Rs 2,326 crore, driven by higher other income and fall in provisions. MRF tumbled 7.7% after net profit declined 18.86% to Rs 170.87 crore on 13.66% growth in total income to Rs 3309.66 crore in Q2 March 2014 over Q2 March 2013.

The crucial resistance for Nifty is now seen at 6850 and above this 6900. Support for the immediate term is now placed at 6700 and next support will be 6650.

NEWS TO WATCH:

·    Watch out for the quarterly earnings of Cairn India, Yes Bank, LT Finance, M&M Finance on 23RD April.