Daily-equity-report by Epic Research 13 May 2013

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  • 7/30/2019 Daily-equity-report by Epic Research 13 May 2013

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    -=6HEADLINES

    Indian Market

    Indian equity markets were up 0.74%

    Nifty up by 44.60 pts and settle at6094.75

    Sensex up by 143.58 pts at 20082.62

    Bank Nifty up by 156.00 pts at 12752.30

    Global Market

    European markets were up with FTSEup by 33.18 closed at 6625 ,CAC up by21.21 closed at 3949 and DAX up 51.73closed at 8314

    Dow future was up by 64 closed at

    15108.00

    WWW.EPICRESEARCH.CO 09752199966

    DAILY EQUITY

    NEWSLETTER13

    THMAY 2013

    HEADLINES

    March IIP @ 2.5% encouraging sign for

    economy: C Rangarajan

    Cabinet clears direct benefit transfer for

    LPG subsidy

    SBI projects 16% loan growth for 2013-

    14 fiscal

    See RBI cutting repo by 25 bps in June

    policy: JP Morgan

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    FIIs and DIIs

    CATEGORY DATE BUY SELL NET

    FII 9-May-13 2249.43 1586.55 662.88

    DII 9-May-13 736.23 1212.92 -476.69

    NIFTY DAILY PIVOTS

    IVOT R4 R3 R2 R1 PP S1 S2 S3 S4

    IFTY 6229 6161 6093 6068 6025 6000 5957 5889 5821

    WWW.EPICRESEARCH.CO 09752199966

    MARKETANALYSIS:

    Indian stocks today, 9 May 2013, snapped three-day wining streak as European stocks fell. The S&PBSE Sensex fell below the psychological 20,000 mark, having alternately moved above and below thatmark in intraday trade. The Sensex was provisionally down 47.72 points or 0.24%, off 116.02 points

    from the day's high and up 38.63 points from the day's low. The market breadth, indicating the overallhealth of the market, was negative. Index heavyweight and cigarette major ITC was slightly higher.

    Another index heavyweight Reliance Industries (RIL) edged lower.

    IT stocks edged higher after Cognizant Technology Solutions Corp on Wednesday posted a strong setof first quarter numbers and also reiterated its revenue guidance for 2013. Metal stocks dropped. AsianPaints dropped after the company during trading hours today, 9 May 2013 reported fall in Q4 net

    profit. Key benchmark indices pared gains after an initial upmove triggered by higher Asian stocks. The

    barometer index, the S&P BSE Sensex, hit its highest level in over 14 weeks above the psychological20,000 mark. The CNX Nifty also scaled its highest closing level in more than 14 weeks. Key

    benchmark indices reversed initial gains to fall to intraday low in morning trade. The Sensex hoveredin red in mid-morning trade. Key benchmark indices hovered in negative zone in early afternoon trade.

    The market moved into positive terrain in afternoon trade. A bout of volatility was seen on mid-afternoon trade as the key benchmark indices pared gains. Key benchmark indices cut losses after

    sliding to fresh intraday low in late trade.

    STOCKS TO WATCH

    BAJAJ AUTO

    CAIRN INDIA

    TCS INFOSYS

    SCRIPS IN BAN PERIOD

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    WWW.EPICRESEARCH.CO 09752199966

    .

    EXPERT OPINION

    NIFTY

    Nifty looks Bearish

    Strategy: Sell on rise

    Support:6050

    Resistance: 6120

    BANK NIFTY

    Bank Nifty looks Bearish

    Strategy: Sell on rise

    Support:12700

    Resistance:12800

    460

    GAINERSANDLOOSERS

    PREVIOUSPERFORMANCE

    TYPE SCRIP B/S RESULT

    CASH SEIMENS B TGT HIT

    CASH PVR B TGT HIT

    FUTURE SUN PHARMA S TGT HIT

    FUTURE RELAINCE S SL TRIGERRE

    DAILY NIFTY GAINERS

    SCRIPS RATE VOL.

    (000)

    PR.

    CLOSE

    NET

    CHAN

    GE

    %

    CHANG

    E

    PNB 783.30 6378.04 748.80 34.50 4.61

    HCL

    Tech.770.15 2182.26 751.60 18.55 2.47

    Ambuja

    Cement187.15 1468.84 184.05 3.10 1.68

    SBI 2290.95 2258.55 2254.70 36.25 1.61

    Reliane

    infra402.90 4868.10 397.65 5.25 1.32

    DAILY NIFTY LOOSERS

    SCRIPS RATE VOL.

    (000)

    PR.

    CLOSE

    NET

    CHAN

    GE

    %

    CHAN

    GE

    Sun

    Pharma948.25 1065.48 985.55 -37.3 -3.78

    Asian

    Paints4670.95 326.94 4853.55 -182.6 -3.76

    Jindal

    Steel317.85 1707.99 329.55 -11.7 -3.55

    NMDC 124.5 1978.88 128.4 -3.9 -3.04

    Axis

    Bank1454.15 3121.52 1489.7 -35.55 -2.39

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    MARKET CALLS

    CASH

    SCRIPS ACTION LEVEL 1ST

    TARGET 2ND

    TARGET STOP LOSS

    AUROPHARMA BUY 195.00 196.00 197.00 194.00

    UNITED SPIRITS SELL 2330.00 2320.00 2310.00 2340

    FUTURE

    SCRIPS ACTION LEVEL 1ST

    TARGET 2ND

    TARGET STOP LOSS

    AMBUJA BUY 190.00 191.00 192.00 189.00

    SUN PHARMA SELL 944.00 942.00 940.00 946.00

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