Daily-equity-report by Epic Research 08.03.13

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  • 7/29/2019 Daily-equity-report by Epic Research 08.03.13

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    -=6HEADLINES

    Indian Market

    Indian equity markets were up 0.77%

    Nifty down by 44.70 pts and settle at5863.30

    Sensex up by 160.93 pts at 19413.54

    Bank Nifty up by 94.05 pts at 11970.25

    Global Market

    European markets were up with FTSEup by 28.04 closed at 6455 ,CAC up by19.50 closed at 3793 and DAX up by19.48 closed at 7938.

    Dow future was up 29.00 closed at

    14294.00

    WWW.EPICRESEARCH.CO 09752199966

    DAILY EQUITY

    NEWSLETTER8

    THMARCH 2013

    HEADLINES

    Bayer to challenge India's patent office

    order on Nexavar

    OIL pays over Rs 518cr interim dividend

    to govt this fiscal

    RBI to publish clarifications on new bank

    Licences

    SAIL's expansion may be completed by

    FY14: Steel Min

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    FIIs and DIIs

    CATEGORY DATE BUY SELL NET

    FII 7-Mar-13 3197.69 2567.22 630.47

    DII 7-Mar-13 713.69 1428.8 -715.11

    NIFTY DAILY PIVOTS

    IVOT R4 R3 R2 R1 PP S1 S2 S3 S4

    IFTY 6078 6001 5924 5839 5847 5816 5770 5693 5616

    WWW.EPICRESEARCH.CO 09752199966

    MARKETANALYSIS:

    Key benchmark indices extended intraday gains in late trade as European stocks edged higher. Thebarometer index, the 30-share S&P BSE Sensex hit two-week high. The 50-unit CNX Nifty hit itshighest level in almost 1-1/2 weeks. The Sensex was provisionally up 212.05 points or 1.1%, up about

    250 points from the day's low. The market breadth turned positive from negative in late trade. Indianstocks gained for the third straight trading session today, 7 March 2013.

    S&P BSE Sensex was up 212.05 points or 1.1% to 19,464.66.

    CNX Nifty was up 56.05 points or 0.96% to 5,874.65Among the 30-share Sensex pack, 20 stocks rose while rest of them fell.Capital goods stocks extended recent gains. L&T, Bhel, ABB, Siemens, Thermax and Crompton

    Greaves gained by 0.22% to 3.61%. T stocks edged higher as the latest economic added to optimismfor a gradual recovery in the US economy. United States is the biggest outsourcing market for the

    Indian IT firms. India's third largest software services exporter by revenues Wipro rose 1.85% to Rs449.25. The stock hit 52-week high of Rs 452.55 in intraday trade today, 7 March 2013. The finance

    minister in Union Budget 2013-14 proposed an investment allowance at the rate of 15% to amanufacturing company that invests more than Rs 100 crore in plant and machinery during the period

    1 April 2013 to 31 March 2015. Data on advance tax payment for the final installment of the currentfiscal year which is 15 March 2013, could provide cues on the likely Q4 March 2013 corporate

    earnings.

    STOCKS TO WATCH

    FEDERAL BANK

    TITAN KARNATAK BANK TATA MOTORS

    SCRIPS IN BAN PERIOD

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    WWW.EPICRESEARCH.CO 09752199966

    .

    EXPERT OPINION

    NIFTY

    Nifty looks Bearish

    Strategy: Sell on rise

    Support:5820

    Resistance: 5900

    BANK NIFTY

    Bank Nifty looks Bearish

    Strategy: Sell on rise

    Support:11900

    Resistance:12040

    460

    GAINERSANDLOOSERS

    PREVIOUSPERFORMANCE

    TYPE SCRIP B/S RESULT

    CASH ADANI B TARGET HIT

    CASHBANK OF

    INDIAS

    NOT

    EXECUTED

    FUTURE AMBUJA BNOT

    EXECUTED

    FUTURE TITAN S TARGET HIT

    DAILY NIFTY GAINERS

    SCRIPS RATE VOL.

    (000)

    PR.

    CLOSE

    NET

    CHAN

    GE

    %

    CHANG

    E

    Hero

    Moto1713.65 320.69 1647.05 66.60 4.04

    DLF 279.25 14603.24 270.10 9.15 3.39

    Asian

    Paints4585.45 97.78 4463.20 122.25 2.74

    JP

    Associate76.10 22778.42 74.45 1.65 2.22

    Larsen

    & Toubro1463.80 1774.42 1432.30 31.50 2.20

    DAILY NIFTY LOOSERS

    SCRIPS RATE VOL.

    (000)

    PR.

    CLOSE

    NET

    CHAN

    GE

    %

    CHAN

    GE

    Jindal

    Steel347.35 2206.26 355.15 -7.80 -2.20

    Hindustan

    Unilever433.20 3510.57 440.50 -7.30 -1.66

    Coal

    India313.00 1508.27 317.00 -4.00 -1.26

    Tata

    Motors305.90 9840.81 309.40 -3.50 -1.13

    Ultratech

    Cement1879.30 182.54 1900.10 -20.80 -1.09

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    .

    MARKET CALLS

    CASH

    SCRIPS ACTION LEVEL 1ST

    TARGET 2ND

    TARGET STOP LOSS

    KARNATAKA BANK BUY 146.00 146.50 147.25 145.50

    FEDERAL BANK SELL 488.20 484.20 478.20 492.20

    FUTURE

    SCRIPS ACTION LEVEL 1ST

    TARGET 2ND

    TARGET STOP LOSS

    TATA MOTORS BUY 308.45 310.45 313.45 306.45

    TITAN SELL 253.50 251.50 248.50 255.50

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