Daily equity-report by epic research 10 dec 2012
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Transcript of Daily equity-report by epic research 10 dec 2012
- 1. HEADLINES Indian MarketIndian equity markets down by 0.40%Nifty down by 23.50 pts and settle at5907.40Sensex down by 62.70 pts at 19424.10Bank Nifty down by 63.85 pts at12363.70 DAILY EQUITY Global Market NEWSLETTER European markets were down with FTSE TH down by 4.94 pts at 5896.48 ,CAC down10 DECEMBER 2012by 1.76 pts 3599.89 and DAX down by5.93 pts at 7528.61Dow future down by 11.00 pts at13052.00 HEADLINES USL-Diageo to divest stake in Whyte & Mackay: Sources Expect H2 GDP growth to be better than 5.4% in H1 GMR row: India puts on hold Rs 250cr loan to Maldives Liquidity deficit within comfort zone: RBIs GokarnWWW.EPICRESEARCH.CO 09752199966
2. MARKET ANALYSIS: Key benchmark indices trimmed losses after sliding to intraday low in late trade as the UPA government won the vote on FDI in multi-brand retail in the Rajya Sabha. The market breadth, indicating the overall health of the market, was negative. the BSE Sensex was down 94.10 points or 0.48% to 19,392.70. The S&P CNX Nifty was down 23.50 points or 0.40% to 5,907.40. From the 30-share Sensex pack, 20 stocks fell while the rest of them rose. Small car maker Maruti Suzuki India surged 2.08% to Rs 1,512 after striking a 52-week high of Rs 1,537 in intraday trade today, 7 December 2012. The car major will reportedly raise prices of cars by up to Rs 20,000 from January 2013 to counter currency fluctuations. Bank stocks declined after recent gains. Indias second largest private sector bank by net profit HDFC Bank slipped 0.36% to Rs 691.50. ICICI Bank fell 0.53% to Rs 1,129. Private sector Axis Bank dropped 3.03% to Rs 1,323.95. State-run Oriental Bank of Commerce (OBC) shed 1.69%.STOCKS TO WATCH FIIs and DIIs HCL TECHNOLOGIESCATEGORY DATE BUYSELLNET APTECHFII 7-Dec-122854.322206.27648.05 JAIN IRRIGATION JP ASSOCIATEDII 7-Dec-121034.471832.95 -798.48 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS SUZLONPIVOT R4 R3R2R1PP S1S2 S3S4NIFTY 6097 6036597559415914 58805853 57925731WWW.EPICRESEARCH.CO09752199966 3. . GAINERS AND LOOSERSEXPERT OPINIONNIFTYDAILY NIFTY GAINERSNifty looks ConsolidateSCRIPS RATEVOL. PR.NET %Strategy: Sell on rise (000)CLOSECHANCHANG GEESupport: 5870MarutiResistance: 5950 1509.95 1272.131482.5527.40 1.85 Suzuki BANK NIFTYM&M939.201317.30 928.8510.35 1.11Bank Nifty looks ConsolidateTata 109.803767.00 108.751.050.97 Strategy: Sell on rise PowerBank Of Support: 12290 798.20 608.87 791.306.900.87BarodaResistance: 12420Hindalco 123.806208.97 122.900.900.73.0PREVIOUS PERFORMANCEDAILY NIFTY LOOSERSTYPESCRIP B/S RESULTSCRIPSRATE VOL. PR.NET%JAIN (000)CLOSECHAN CHACASHB SL TRIGGEREDIRRIGATION GE NGE HINDUSTAN NOT CASH SPETROLEUM EXECUTEDDLF220.20 11146.11226.65-6.45 -2.85JP TGTFUTURE B ASSOCIATEACHEIVED Axis Bank 1328.752048.741364.10-35.35-2.59 BHARTIFUTURESSL TRIGGERED AIRTEL Sesa Goa187.80 1539.24 192.00-4.20 -2.19 HCL Tech. 614.05 1285.20 625.45-11.40-1.82 Tata 394.25 3525.54 399.80-5.55 -1.39Steel 09752199966 4. MARKET CALLSCASHST NDSCRIPS ACTIONLEVEL1TARGET2TARGETSTOP LOSSJAIN IRRIGATIONBUY 73.6074.2074.90 73.00 HCLSELL 613.40 611.00 608.40 615.80FUTURE ST NDSCRIPS ACTION LEVEL1 TARGET 2 TARGET STOP LOSS. JP ASSOCIATE BUY 105.20105.70106.40 104.70 MCLEOD RUSSELBUY 369.20371.20373.70 367.20DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept anyresponsibility (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 onsources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The report does not provide individuallytailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, andencourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based onthe 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, togethe r with allestimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocksrecommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any viewsexpressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading ofthe 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 whatsoev er for anyfinancial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer tobuy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our callsor SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then SeriousLegal Actions can be taken.