CS PERFORMANCE MESSAGE:

STOCK FUTURES:

FUTURES INTRADAY:

PETRONET FUTURES BUY CALL 3 TG

JAIN IRRIGATION FUTURES SELL CALL 3 TG

ADANIENT FUTURES BUY CALL 3 TG

ARVIND LTD FUTURES BUY CALL 1 TG

PREMIUM FUTURES:

IOC FUTURES SELL CALL 3 TG

BHEL FUTURES SELL CALL SL TRIGGERED

NIFTY FUTURES:

BANK NIFTY FUTURES SELL CALL 3 TG

NIFTY FUTURES SELL CALL 3 TG

OPTION:

YES BANK 540 PUT BUY CALL 3 TG

DLF 210 PUT BUY CALL 2 TG

BANK NIFTY 15500 CALL BUY CALL SL TRIGGERED

OPTION PREMIUM:

STOCK CASH:

STOCK CASH INTRADY:

HINDPETRO SELL CALL 3 TG

IGL SELL CALL 3 TG

RELIANCE INFRA SELL CALL 3 TG

JUBILANT LIFE SCIENCE BUY CALL 1 TG

BERGER PAINT SELL CALL COST EXIT

STOCK CASH PREMIUM:

ALLAHABAD BANK SELL CALL 2 TG

TOP CORPORATE NEWS

·        BPCL, HPCL shares surge on crude oil prices

Shares of Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Indian Oil Corporation are down between 3-4% on increasing crude oil prices. Crude oil was near nine-month highs early as escalating civil war in Iraq.

·        L&T Construction wins orders worth Rs1027 Cr

L&T Construction has won new orders worth Rs1027 crore across various business segments in May and June 2014.

·        GAIL to invest Rs 141 cr in CNG highway corridor in UP

GAIL India Ltd signed an agreement to invest Rs 141 crore in building CNG highway corridors in Uttar Pradesh. GAIL Gas signed a memorandum of understanding (MoU) with Uttar Pradesh State Industrial Development Corp.

·        IOB seeks Rs 3,500 crore capital support from govt

Indian Overseas Bank has requested the government to provide a capital support of Rs 3,500 crore during the current fiscal. Last fiscal, the government infused Rs 1,200 crore in the bank to enhance its capital base.

Agri & Bullion Commodity Market Level 12 June 2014

Bullion commodity market Level

CS COPPER (JUNE) OVERVIEW:

TREND CONSOLIDATE

SUP1: 397

SUP2:394                            

RESIST1:404

RESIST2:407

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

CS CRUDE (JUNE) OVERVIEW:

TREND BULLISH

SUP1:6150

SUP2:6100

RESIST1:6270

RESIST2:6340

TRADING STRATEGY: BUY ON DIPS

CAPITALSTARS.COM +919200099927

CS GOLD (AUG) OVERVIEW:

TREND BEARISH

SUP1:25940

SUP2:25600

RESIST1:26400

RESIST2:26920

TRADING STRATEGY: SELL ON RISE          

CAPITALSTARS.COM +919200099927

CS SILVER (JULY) OVERVIEW:

TREND CONSOLIDATE

SUP1:40100

SUP2:39800       

RESIST1:40800

RESIST2:41500

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

Agri Commodity market Level

CS CHANA (JULY) OVERVIEW:

TREND BEARISH

SUP1:2740          

SUP2:2650          

RESIST1:2850

RESIST2:2900

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

CS JEERA (JULY) OVERVIEW:

TREND CONSOLIDATE

SUP1:10830

SUP2:10700

RESIST1:11125

RESIST2:11250

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

CS TURMERIC (JULY) OVERVIEW:

TREND CONSOLIDATE

SUP1:5850

SUP2:5750

RESIST1:6070

RESIST2:6150

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

CS SOYABEAN (JULY) OVERVIEW:

TREND BEARISH

SUP1:4265

SUP2:4190

RESIST1:4360

RESIST2:4400

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

TOP CORPORATE NEWS

·        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.

CS PERFORMANCE MESSAGE:

 STOCK FUTURES:

FUTURES INTRADAY:

PFC FUTURES SELL 3 TG

M&M FUTURES BUY CALL 3 TG

ORIENTAL BANK FUTURES SELL CALL 2 TG

SUN TV FUTURES SELL CALL 2 TG

ONGC FUTURES BUY CALL 1 TG

PREMIUM FUTURES:

M&M FUTURES BUY CALL 3 TG

FUTURES:

BANK NIFTY FUTURES SELL CALL 3 TG

NIFTY FUTURES SELL CALL 1 TG

OPTION:

ADANIENT 460 CALL BUY CALL 3 TG

M&M 1200 CALL BUY CALL 3 TG

NTPC 150 CALL BUY CALL COST EXIT

OPTION PREMIUM:

STOCK CASH:

STOCK CASH INTRADY:

MONNET ISPAT SELL CALL 3 TG

COX& KINGS SELL CALL 3 TG

ROLTA INDIA BUY CALL 1 TG (BOOKED AT 109.70)

STOCK CASH PREMIUM:

IGL BUY CALL 1 TG

INDIAN BENCHMARKS have a listless (down) closing… Nifty breaks 7,250.

INDIAN EQUITY BENCHMARKS ended the last session of the week and the first day of the June derivatives series on a monotonous, albeit (although) choppy note in the absence of any enthusing cues from the global front.

Further, Mahindra and Mahindra has reported a 0.9 percent growth in net profit of Rs 896.9 crore in the quarter ended March 2014, driven by tax reversal and income from sale of investments. Tata Chemicals lost 3.87% after the company reported a consolidated net loss of Rs 1225.72 crore in Q4 March 2014, higher than net loss of Rs 188.03 crore in Q4 March 2013.

The crucial resistance for Nifty is now seen at 7270 and above this 7325. Support for the immediate term is now placed at 7120 and next support will be 7060.

TOP CORPORATE NEWS

·        M&M posts Q4 profit at Rs 897 cr, tractor margin up 180 bps

Mahindra and Mahindra has reported a 0.9 percent growth in net profit of Rs 896.9 crore in the quarter ended March 2014, driven by tax reversal and income from sale of investments. Net profit in the year-ago period was Rs 889.2 crore.

·        Tata Motors Q4 profit at Rs 3918 crore

Tata Motors Ltd has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 39182.90 million for the quarter ended March 31, 2014 as compared to Rs. 39454.70 million for the quarter ended March 31, 2013.

·        Tata Power Q4 net loss at Rs1453.30mn

Tata Power Company Ltd has posted a net loss after tax, minority interest and share of loss of associates of Rs. 1453.30 million for the quarter ended March 31, 2014 as compared to net profit of Rs. 1813.60 million for the quarter ended March 31, 2013.

·        DLF Q4 net profit at Rs2196.80 mn

DLF Ltd has posted a net profit of Rs. 2196.80 million for the quarter ended March 31, 2014 as compared to net loss of Rs. 41.90 mn for the quarter ended March 31, 2013.