Daily-equity-report by Epic Research 12.03.13

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  • 7/29/2019 Daily-equity-report by Epic Research 12.03.13

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    -=6HEADLINES

    Indian Market

    Indian equity markets were down 0.06%

    Nifty down by 3.35 pts and settle at5942.35

    Sensex down by 37.02 pts at 19646.21

    Bank Nifty down by 48 .40 pts at12194.65

    Global Market

    European markets were up with FTSEup by 31.42 closed at 6470 ,CAC up by37.67 closed at 3831 and DAX up by55.61 closed at 7995.

    Dow future was up 66.00 closed at

    14382.00

    WWW.EPICRESEARCH.CO 09752199966

    DAILY EQUITY

    NEWSLETTER12

    THMARCH 2013

    HEADLINES

    JSustaining export growth in weak global

    economy tough: RBS

    India's exports grow by 4.25% in Feb

    'GST roadmap unclear, 6% GDP target

    ambitious'

    Feb car sales at 12-year low, plunge

    25.7%

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    FIIs and DIIs

    CATEGORY DATE BUY SELL NET

    FII 11-Mar-13 3240.64 2252.42 988.22

    DII 11-Mar-13 830.63 1617.21 -786.58

    NIFTY DAILY PIVOTS

    IVOT R4 R3 R2 R1 PP S1 S2 S3 S4

    IFTY 6070 6029 5988 5965 5947 5924 5906 5865 5824

    WWW.EPICRESEARCH.CO 09752199966

    MARKETANALYSIS:

    Key benchmark indices snapped four day winning streak after the Reserve Bank of India (RBI)governor Dr. D. Subbarao on Friday, 8 March 2013, said that RBI doesn't accept high inflation asnormal and believes that stable prices are critical for sustained economic growth. Political worries also

    weighed on the bourses after the DMK on Saturday, 9 March 2013, warned the UPA government thatit would not remain a mute spectator if the Centre continued to toe a soft line on the Sri Lanka issue.

    Weakness in European stocks also hit sentiment adversely on the domestic bourses. The barometer

    index, the 30-share S&P BSE Sensex, was provisionally down 74.47 points or 0.38%, off about 145points from the day's high and up close to 5 points from the day's low. The market breadth wasnegative.

    BSE Sensex was down 74.47 points or 0.38% to 19,608.76CNX Nifty was down 13 points or 0.22% to 5932.70 Among the 30-share Sensex pack, 20 stocks fell while rest of them rose.Most telecom stocks rose after the Ministry of Communications & Information Technology on Friday, 8

    March 2013, said that recently some telecom access service providers hiked certain components ofmobile tariff. MTNL, Tata Teleservices (Maharashtra), Reliance Communications and Idea Cellular

    rose by 0.24% to 5.61%. Bharti Airtel fell 0.53%. Asian Paints rose 2.32% to Rs 4767.85 Realty stocks

    extended recent gains. Sobha Developers, Unitech and D B Realty rose by 0.15% to 1.81%.

    STOCKS TO WATCH

    JSW STEEL

    RELIANCE INFRA ANDHRA BANK ADANI POWER

    SCRIPS IN BAN PERIOD

    HDI L

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    WWW.EPICRESEARCH.CO 09752199966

    .

    EXPERT OPINION

    NIFTY

    Nifty looks Bearish

    Strategy: Sell on rise

    Support:5900

    Resistance: 5980

    BANK NIFTY

    Bank Nifty looks Bearish

    Strategy: Sell on rise

    Support:12000

    Resistance:12080

    460

    GAINERSANDLOOSERS

    PREVIOUSPERFORMANCE

    TYPE SCRIP B/S RESULT

    CASH IDFC BNOT

    EXECUTED

    CASH PETRONET SNOT

    EXECUTED

    FUTURE IDBI BANK B SL TRIGERRE

    FUTURE VOLTAS SNOT

    EXECUTED

    DAILY NIFTY GAINERS

    SCRIPS RATE VOL.

    (000)

    PR.

    CLOSE

    NET

    CHAN

    GE

    %

    CHANG

    E

    Siemens 562.55 863.73 533.10 29.45 5.52

    DLF 286.40 10179.83 278.15 8.25 2.97

    Tata

    Power101.15 1971.16 98.80 2.35 2.38

    HDFC 831.65 4448.89 813.25 18.40 2.26

    Asian

    Paints4756.75 124.45 4666.60 90.15 1.93

    DAILY NIFTY LOOSERS

    SCRIPS RATE VOL.

    (000)

    PR.

    CLOSE

    NET

    CHAN

    GE

    %

    CHAN

    GE

    Hero

    MotoCorp1697.45 191.68 1743.15 -45.70 -2.62

    IDFC 157.80 4088.50 160.25 -2.45 -1.53

    BPCL 399.85 903.67 405.40 -5.55 -1.37

    Bajaj

    Auto

    1986.30 364.83 2013.45 -27.15 -1.35

    Wipro 439.55 1570.40 445.35 -5.80 -1.30

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    .

    MARKET CALLS

    CASH

    SCRIPS ACTION LEVEL 1ST

    TARGET 2ND

    TARGET STOP LOSS

    ADANI POWER BUY 50.50 50.75 51.00 50.25

    JSW STEEL SELL 728.00 724.00 720.00 732.00

    FUTURE

    SCRIPS ACTION LEVEL 1ST

    TARGET 2ND

    TARGET STOP LOSS

    ANDHRA BANK BUY 102.75 103.25 104.00 102.25

    RELIANCE INFRA SELL 430.00 426.00 420.00 434.00

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