Daily-equity-report by Epic Research 04 March 2013
-
Upload
epicresearch -
Category
Documents
-
view
223 -
download
0
Embed Size (px)
Transcript of Daily-equity-report by Epic Research 04 March 2013
-
7/29/2019 Daily-equity-report by Epic Research 04 March 2013
1/4
-=6HEADLINES
Indian Market
Indian equity markets were up 0.47%
Nifty up by 26.65 pts and settle at5719.70
Sensex up by 56.98 pts at 18918.52
Bank Nifty up by 52.70 pts at 11540.05
Global Market
European markets were down with FTSEdown by 16.93 closed at 6343 ,CAC downby 37.24 closed at 3685 and DAX downby 51.82 closed at 7689.
Dow future was down 19.00 closed at
14019.00
WWW.EPICRESEARCH.CO 09752199966
DAILY EQUITY
NEWSLETTER4
THMARCH 2013
HEADLINES
FinMin issues clarification on tax
residency certificate: Fine print
Maruti total sales fall 8% in February
TCS pays $29.75m to settle class action
suit
MphasiS aims to grow faster than the
industry
-
7/29/2019 Daily-equity-report by Epic Research 04 March 2013
2/4
FIIs and DIIs
CATEGORY DATE BUY SELL NET
FII 1-Mar-13 3876.99 3250.1 626.89
DII 1-Mar-13 1251.36 1297.21 -45.85
NIFTY DAILY PIVOTS
IVOT R4 R3 R2 R1 PP S1 S2 S3 S4
IFTY 5892 5832 5772 5745 5712 5685 5652 5592 5532
WWW.EPICRESEARCH.CO 09752199966
MARKETANALYSIS:
Key benchmark indices trimmed gains in late trade as European stocks edged lower. The marketbreadth was negative. The barometer index, the S&P BSE Sensex, was provisionally up 49.82 points or0.26%, off about 80 points from the day's high and up close to 90 points from the day's low. The
recovery on the bourses today, 1 March 2013, after a sharp sell-off on Thursday, 28 February 2013,materialized after the finance ministry issued a clarification stating that the Tax Residency Certificate
produced by a resident of a contracting state will be accepted as evidence that he is a resident of that
contracting state and the Income Tax Authorities in India will not go behind the TRC and question hisresident status and that the current double-tax treaty with Mauritius remains in force, pendingcontinued talks.
Most capital goods stocks rose after the finance minister in Union Budget 2013-14 proposed aninvestment allowance at the rate of 15% to a manufacturing company that invests more than Rs 100
crore in plant and machinery during the period 1 April 2013 to 31 March 2015. Commercial vehiclesmakers rose after the Finance Minister P Chidambaram in the Union Budget 2013-14 proposed to
allocate Rs 14873 crore to Jawaharlal Nehru National Urban Renewal Mission in 2013-14. MarutiSuzuki India shrugged off weak sales in February 2013. Mahindra & Mahindra gained on reporting
good sales in February. Realty stocks tumbled.Foreign institutional investors (FIIs) sold shares worth a net Rs 1317.79 crore on Thursday, 28 February
2013, as per provisional data from the stock exchanges.
STOCKS TO WATCH
INDUSIND
IDFC
APOLLO TYRE TATA MOTORS
SCRIPS IN BAN PERIOD
-
7/29/2019 Daily-equity-report by Epic Research 04 March 2013
3/4
WWW.EPICRESEARCH.CO 09752199966
.
EXPERT OPINION
NIFTY
Nifty looks Bearish
Strategy: Sell on rise
Support:5680
Resistance: 5760
BANK NIFTY
Bank Nifty looks Bearish
Strategy: Sell on rise
Support:11480
Resistance:11600
460
GAINERSANDLOOSERS
PREVIOUSPERFORMANCE
TYPE SCRIP B/S RESULT
CASH APOLLO TYRE SNOT
EXECUTED
CASH ITC B SL TRIGERRE
FUTUREALLAHBAD
BANKS SL TRIGERRE
FUTURE ADANI S TARGET HIT
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
Maruti
Suzuki1424.40 935.31 1354.35 70.05 5.17
JP
Associate72.25 21510.97 69.55 2.70 3.88
BPCL 385.50 1497.71 371.95 13.55 3.64
Power
Grid107.95 5436.34 104.30 3.65 3.50
Reliance
Infra433.25 2669.73 419.00 14.25 3.40
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
DLF 259.35 11239.31 277.35 -18.00 -6.49
Bharti
Airtel311.10 7595.74 322.90 -11.80 -3.65
IDFC 146.00 12720.17 149.30 -3.30 -2.21
Siemens 495.20 189.24 504.30 -9.10 -1.80
Cairn
India293.00 3535.28 297.95 -4.95 -1.66
-
7/29/2019 Daily-equity-report by Epic Research 04 March 2013
4/4
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
APOLLO TYRE BUY 86.00 86.50 87.25 85.50
IDFC SELL 145.00 144.00 142.50 146.00
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
INDUSIND BANK SELL 401.00 399.00 396.00 403.00
TATA MOTORS BUY 293.70 295.70 298.70 291.70
DisclaimerThe 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 efforts 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 investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and
encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on
the information given in this report, which is in violation of rules and regulations of NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all
estimates and forecasts, can change without notice. 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 disclaimer.
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 Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious
Legal Actions can be taken.