DAILY EQUITY REPORT BY EPIC RESEARCH- 13 DECEMBER 2012
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- 1. HEADLINES Indian MarketIndian equity markets down by 0.18%Nifty down by 10.80 pts and settle at5888.00Sensex down by 31.88 pts at 19355.26Bank Nifty down by 42.90 pts at12301.70DAILY EQUITY Global MarketNEWSLETTEREuropean markets were up with FTSETHup by 13.40 pts at 5938.37 ,CAC down by 13 DECEMBER 20124.21 pts 3641.94 and DAX up by 19.61 ptsat 7609.36Dow future up by 13.00 pts at 13291.00 HEADLINES ONGC to undertake exploratory work in KG basin NMDC $1.1bn share sale 28% covered:Exchange data Unexecuted order book currently at Rs 9500cr: ABG Shipyard Govt yet to take decision on raising LPG supply cap: Moily WWW.EPICRESEARCH.CO09752199966
2. MARKET ANALYSIS: Key benchmark indices edged lower for fourth straight day in a row to settle at over one week low weighed by data showing acceleration in consumer price inflation in November 2012. Strong growth in industrial production October 2012 raising the odds that the Reserve Bank of India would keep its key policy rate steady for the fifth time at its monetary policy review next week also dampened sentiment. BSE Sensex was down 31.88 points or 0.16% to 19,355.26 S&P CNX Nifty was down 10.80 points or 0.18% to 5,888. From the 30-share Sensex pack, 19 stocks fell while rest of them rose. IT stocks were mostly higher amid sustained optimism for an agreement on upcoming US tax hikes and spending cuts, ahead of the conclusion of a Federal Open Market Committee that may see it undertake more asset buying. US is the biggest outsourcing market for the Indian IT firms. Indias second largest software services exporter by revenues Infosys rose 0.18%.Indias largest software services exporter by revenues Tata Consultancy Services (TCS) gained 0.45%.STOCKS TO WATCH FIIs and DIIs HCL TECHNOLOGIESCATEGORYDATEBUYSELLNET APTECHFII12-Dec-124380.293427.54952.75 ITC JP ASSOCIATEDII12-Dec-12993.21358.27 -365.07 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS IVRCLINFRAPIVOT R4 R3 R2 R1PP S1S2 S3S4 KTKBANKNIFTY 6209 6109 6009 59535909 58535809 57095609 PANTALOONR SUZLONWWW.EPICRESEARCH.CO09752199966 3. . GAINERS AND LOOSERS EXPERT OPINION NIFTYDAILY NIFTY GAINERS Nifty looks ConsolidateSCRIPS RATE VOL. PR.NET %Strategy: Sell on rise(000)CLOSECHANCHANGGEESupport: 5850BajajResistance: 5930 2056.551214.392006.6549.90 2.49 AutoBANK NIFTY M&M 949.50 2944.62929.75 19.75 2.12 Bank Nifty looks Consolidate Hero 1889.95 563.431853.2536.70 1.98 Strategy: Sell on riseMotoCoReliance Support: 12230 526.45 2620.23517.20 9.251.79 Infra Resistance: 12370IDFC 176.50 4712.25173.70 2.801.61 .0 PREVIOUS PERFORMANCEDAILY NIFTY LOOSERS TYPESCRIP B/SRESULTSCRIPSRATEVOL. PR.NET%(000)CLOSECHAN CHACASH ADANI PORT B ABOVE COSTGE NGETGTCASH GEOMETRIC SACHEIVEDHindustan529.756114.13 544.9 -15.15-2.78JINDALTGT FUTURE B UnileverSTEELACHEIVED BHEL232.45 6411.9 237.3 -4.85 -2.04TGT FUTURE VOLTAS SACHEIVED GAIL347.8 787.49 354.95-7.15 -2.01IndiaGrasim 3152.7 107.99 3209.25 -56.55-1.76Industries HDFC 859.72872.41 874.95-15.25-1.7409752199966 4. MARKET CALLSCASHST NDSCRIPS ACTIONLEVEL1TARGET2TARGETSTOP LOSSAURO PHARMABUY 194.00 195.80 197.60 192.20 HEXAWARE SELL 91.0090.1089.20 91.90FUTURE ST NDSCRIPS ACTION LEVEL1 TARGET 2 TARGET STOP LOSS. ALLAHBAD BANKSELL161.30160.30158.80162.30DENA BANK BUY 119.85120.35120.85119.35DisclaimerThe 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, together 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.