INDIAN EQUITY MARKET OUTLOOK-4th JUNE 2014

INDIAN BENCHMARK started the trading session on a mildly lower note tracking negative global clues. Aurobindo Pharma Limited has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Divalproex Sodium Extended-release Tablets USP 250mg and 500mg.

FURTHER, Bharat Petroleum Corporation is planning to open an office in Singapore to expand its global reach and participate in crude oil trading. Coal India plans to form a panel of consultants which would help the PSU in acquiring, developing and operating coal mines overseas.

Trend in FII flows: The FIIs were net buyers of Rs 2977cr in the cash segment on Tuesday while the DIIs were net sellers of Rs. 99cr, as per the provisional figures released by the NSE.

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CS ROCKING PERFORMANCE OF THE DAY-3rd JUNE

FUTURES INTRADAY:
ORIENTAL BANK FUTURES SELL CALL 3 TG
ADANIENT FUTURES BUY CALL 3 TG
BHEL FUTURES BUY CALL 2 TG
ALLAHABAD BANK FUTURES SELL CALL 1 TG
SBIN FUTURES BUY CALL 1 TG
HINDUSTAN ZINC FUTURES BUY CALL 1TG
VOLTAS FUTURES BUY CALL COST EXIT
APOLLO TYRE FUTURE BUY CALL SL TRIGGERED


PREMIUM FUTURES:
HAVELLS INDIA FUTURES BUY CALL 3 TG
SHRI RAM TRANSPORT FUTURES EXIT AT 962
TATA STEEL FUTURES BUY CALL SL TRIGGERED

NIFTY FUTURES:
BANK NIFTY FUTURES BUY CALL 1 TG
NIFTY FUTURES BUY CALL SL TRIGGERED

OPTION:
DLF 210 CALL BUY CALL 3 TG
JINDAL STEEL 320 CALL BUY CALL 3 TG
NIFTY 7300 CALL BUY CALL SL TRIGGERED

OPTION PREMIUM:
SESA STERLIRE 280 CALL BUY CALL 3 TG

STOCK CASH INTRADY:
JSW STEEL BUY CALL 3 TG
MONNET ISPAT BUY CALL 3 TG
TATA CHEMICAL BUY CALL 1 TG
SYNDICATE BANK BUY CALL 1 TG
ADANIENT BUY CALL 1 TG
CANARA BANK SELL SL TRIGGERED

STOCK CASH PREMIUM:
JINDAL STEEL BUY CALL 2 TG

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INDIAN EQUITY MARKET WRAP UP-3rd JUNE 2014

INDIAN BENCHMARKS record high closing… Nifty ends at 7416.

INDIAN EQUITY BENCHMARKS ended at record high as RBI's stance in the bi-monthly credit policy review is taken as symbolic of good days ahead after the RBI governor Raghuram Rajan surprisingly slashed the mandatory statutory liquidity ratio (SLR) requirement for banks by 50 basis points to 22.5%. However, on expected lines the governor left the repo rate, unchanged at 8%.

Further, DLF rallied 4 percent that finance ministry is likely to announce tax breaks for Real Estate Investment Trust (REITs) in Budget. Shares of IPCA Labs were up 1.5% after the company announced a partnership with US-based Oncobiologics.

The crucial resistance for Nifty is now seen at 7420 and above this 7450. Support for the immediate term is now placed at 7340 and next support will be 7320.

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TOP CORPORATE NEWS-3rd JUNE 2014

Zee Entertainment up 6.5%, RBI allows 100% FII investment
Shares of Zee Entertainment Enterprises gained as much as 6.5 percent after the Reserve Bank of India allowed 100 percent investment by foreign institutional investors.

Metal shares gain after positive China signals
Metal shares such as JSW steel, Jindal steel, Tata steel firmed up on hopes of improvement in export demand after encouraging manufacturing data from China which recorded its fastest growth in May. China's official PMI of manufacturing activity in May was up at 50.8, a five-month high, compared with 50.4 in March.

Eicher Motors jumps after robust motorcycle sales in May
Eicher Motors jumped 4.39% after the company reported 86% rise in total motorcycle sales to 25,011 units in May 2014 over May 2013.

Cox & Kings sells camping business for Rs 892 crore
Cox & Kings has exited the camping business in Europe, selling the segment held by its subsidiary to French travel company Homair Vacances for about Rs 892 crore. Cox & Kings said it would use the proceeds to retire a portion of its Rs 4,200 crore debt before maturity.

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TOP FIVE BUZZING STOCKS-4th JUNE

TATA STEEL
TREND: BULLISH
SUPPORT: 496
RESISTANCE: 545

JUST DIAL
TREND: BEARISH
SUPPORT: 1240
RESISTANCE: 1394

SESA STERLITE
TREND: BULLISH
SUPPORT: 529
RESISTANCE: 588

LIBERTY SHOES
TREND: BULLISH
SUPPORT: 168
RESISTANCE: 183

HEXAWARE
TREND: BEARISH
SUPPORT: 134
RESISTANCE: 147

DAILY COMMODITY MARKET STRATEGY-3rd JUNE 2014

BASE METAL WRAP: Copper rose as Chinese manufacturing grew at the fastest pace in five months. The Standard & Poor’s 500 Index advanced to close at a record for a third straight day.

ENERGY WRAP: West Texas Intermediate swung between gains and losses amid speculation that crude stockpiles fell from a near-record high in the U.S., the world’s biggest oil consumer. Brent was steady in London.

PRECIOUS METAL WRAP: Gold held near a four-month low as signs that the U.S. economy is improving drove advances in the dollar and equities, eroding demand for alternative investments.

GLOBAL EVENTS TO WATCH: Non-Manufacturing PMI, HSBC Final Manufacturing PMI, Cash Rate, RBA Rate Statement, Construction PMI, CPI Flash Estimate y/y, Factory Orders m/m, IBD/TIPP Economic Optimism, Total Vehicle Sales.

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INDIAN EQUITY MARKET OUTLOOK-03rd JUNE 2014

INDIAN BENCHMARK open on a positive note. Rate-sensitive sectors such as banking and realty will be in focus ahead of RBI’s Monetary Policy review today. Tata Motors reported 24% decline in total vehicle sales to 37,525 units last month.

FURTHER, The Indian Overseas Bank IOB plans to raise a little over Rs10bn through a Qualified Institutional Placement (QIP), public issue, rights issue, preferential issue. Bharti Airtel is poised to conclude a much-anticipated deal to sell its towers in Africa in seven days, which could help the world's fourth-largest telecom operator rake in as much as US$3 bn and help reduce debt

Trend in FII flows: The FIIs were net buyers of Rs 2977cr in the cash segment on Monday while the DIIs were net sellers of Rs. 148cr, as per the provisional figures released by the NSE.

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INDIAN EQUITY MARKET WRAP UP-2nd JUNE 2014

INDIAN BENCHMARKS ended higher… Nifty above 7,350.
INDIAN EQUITY BENCHMARKS closed with bumper gains as it gained steadily throughout the day. Investor will keenly watch the RBI policy announcement on tomorrow. Indian HSBC Purchasing Managers' Index (PMI) rose marginally to 51.4 points in May from 51.3 points in April.

Further, Tata Power has commissioned its second solar power project of 25 MW capacity at Palaswadi in Maharashtra. Maruti Suzuki India surged nearly 2% after total sales in May 2014 rose 19.2% to 1,00,925 units compared with 84,677 units in May 2013 driven by the compact segment.

The crucial resistance for Nifty is now seen at 7370 and above this 7500. Support for the immediate term is now placed at 7240 and next support will be 7200.

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CS ROCKING PERFORMANCE OF THE DAY-02nd JUNE

FUTURES INTRADAY:
ANDHRA BANK FUTURES BUY CALL 3 TG
SYNDICATE BANK FUTURES BUY CALL 3 TG
PFC FUTURES BUY CALL 2 TG
INDIA CEMENTS FUTURES BUY CALL 2 TG
BHARAT FORGE FUTURES BUY CALL 1 TG
CANARA BANK FUTURES BUY CALL 1 TG
CESC FUTURES BUY CALL 1 TG
JUBILANT FOOD FUTURES BUY CALL BOOKED AT 1254

PREMIUM FUTURES:
SYNDICATE BANK FUTURES BUY CALL 3 TG
JUBILANT FOOD FUTURES BUY CALL 3 TG (BOOKED AT 1254)
BHARAT FORGE FUTURES BUY CALL SL TRIGGERED

NIFTY FUTURES:
BANK NIFTY FUTURES BUY CALL 3 TG
NIFTY FUTURES BUY CALL 3 TG

OPTION:
BHARTI AIRTEL 350 CALL BUY CALL 3 TG
RELIANCE AIRTEL 500 CALL BUY CALL 3 TG
L&T 1600 CALL BUY CALL 3 TG

STOCK CASH INTRADY:
INDIAN OVERSEAS BANK BUY CALL 3 TG
IGL BUY CALL 2 TG (BOOKED AT 334.70)
INDIA CEMENTS BUY CALL 1 TG
SKS MICROFINANCE BUY CALL 1 TG


STOCK CASH PREMIUM:
JUBILANT FOOD BUY CALL 2 TG

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TOP FIVE BUZZING STOCKS-3rd JUNE

INDIAN CEMENT
TREND: BULLISH
SUPPORT: 100
RESISTANCE: 110

GITANJALI
TREND: BEARISH
SUPPORT: 70
RESISTANCE: 80

RELIANCE CAPITAL
TREND: BULLISH
SUPPORT: 529
RESISTANCE: 588

SYNDICATE BANK
TREND: BULLISH
SUPPORT: 141
RESISTANCE: 163

WIPRO
TREND: BEARISH
SUPPORT: 485
RESISTANCE: 507

TOP CORPORATE NEWS-02nd JUNE 2014

Financial Technologies posts net loss of Rs 371.25 cr in Q4
Financial Technologies India reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 due to lower sales and provisions made for doubtful loans and advances. It had reported a net profit of Rs 87.81 crore in the year-ago period.

L&T surges on robust Q4 numbers
L&T reported 69% growth in net profit for the quarter ended March on the back of improved operational performance, higher sales and an exceptional income of Rs 484 crore from dilution of its stake in L&T Finance.

Maruti Suzuki gains after May sales rise 19%
Maruti Suzuki surged nearly 2% after total sales in May 2014 rose 19.2% to 1,00,925 units compared with 84,677 units in May 2013 driven by the compact segment

Power Grid Corporation gains on strong Q4 results
Power Grid Corporation has surged 3.6% after reporting a jump of 6% in net profit at Rs 1,175.8 crore for the quarter ended March 31 as against a net profit of Rs 1,109.4 crore during the same quarter in the previous year.

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DAILY COMMODITY MARKET STRATEGY-02nd JUNE 2014

BASE METAL WRAP: Copper futures capped the longest slump in four weeks amid concern that demand will slow in China, the world’s biggest metals consumer.

ENERGY WRAP: West Texas Intermediate crude rose for the second time in three days after manufacturing expanded at the fastest pace this year in China, the world’s second-biggest oil consumer. Brent advanced in London.

PRECIOUS METAL WRAP: Gold extended its biggest weekly drop since March after the Standard & Poor’s 500 Index climbed to a record and hedge funds pared bets on a rally in the metal at the fastest pace this year as demand for a haven declined.

GLOBAL EVENTS TO WATCH: Building Approvals m/m, German Prelim CPI m/m, Manufacturing PMI, Treasury Sec Lew Speaks, Final Manufacturing PMI, ISM Manufacturing PMI, Construction Spending m/m, ISM Manufacturing Prices.

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AGRI COMMODITY	BULLIONS COMMODITY
CS CHANA (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:2790 SUP2:2740 RESIST1:2955 RESIST2:3020 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927 +919977499927	CS COPPER (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1: 409 SUP2:405 RESIST1:414 RESIST2:419 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS JEERA (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:10900 SUP2:10710 RESIST1:11260 RESIST2:11460 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS CRUDE (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:6050 SUP2:6020 RESIST1:6200 RESIST2:6270 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS TURMERIC (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:6110 SUP2:5950 RESIST1:6340 RESIST2:6400 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS GOLD (JUNE) OVERVIEW: TREND BEARISH SUP1:26400 SUP2:25240 RESIST1:27100 RESIST2:27530 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927
CS SOYABEAN (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:4500 SUP2:4425 RESIST1:4670 RESIST2:4755 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS SILVER (JULY) OVERVIEW: TREND BEARISH SUP1:39300 SUP2:38500 RESIST1:40600 RESIST2:41500 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927

INDIAN EQUITY MARKET OUTLOOK-02nd JUNE 2014

INDIAN BENCHMARK open on a flat note. The RBI monetary policy review on tomorrow will be watched out. L&T has soared by 4.2% after reported a net profit surged 69% to Rs 2723 crore on a 11% growth in gross revenue to Rs 20229 crore in Q4 March 2014 over Q4 March 2013.

FURTHER, Financial Technologies India reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 due to lower sales and provisions made for doubtful loans and advances. NMDC has reported a standalone sales turnover of Rs 3,884.49 crore and a net profit of Rs 1,962.14 crore for the quarter ended Mar '14. Other income for the quarter was Rs 527.54 crore.

Trend in FII flows: The FIIs were net buyers of Rs 2977cr in the cash segment on Friday while the DIIs were net sellers of Rs. 458cr, as per the provisional figures released by the NSE.

http://www.capitalstars.com/stockcash.php