DAILY EQUITY REPORT BY EPIC RESEARCH-13th May 2013

4
HEADLINES Indian Market Indian equity markets were up 0.74% Nifty up by 44.60 pts and settle at 6094.75 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 FTSE up by 33.18 closed at 6625 ,CAC up by 21.21 closed at 3949 and DAX up 51.73 closed at 8314 Dow future was up by 64 closed at 15108.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 13 TH MAY 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

description

Get Trading Alerts! on share market with 2 Days Free Trial of Commodity Market, Equity Market, FOREX Market and Sure Shot Tips on, Stock Tips On Mobile, Intraday Calls.90% Accurate Stock Tips, MCX & NCDEX Highly Accurate Calls with 95% Accuracy.

Transcript of DAILY EQUITY REPORT BY EPIC RESEARCH-13th May 2013

Page 1: DAILY EQUITY REPORT BY EPIC RESEARCH-13th May 2013

-=6 HEADLINES

Indian Market

Indian equity markets were up 0.74%

Nifty up by 44.60 pts and settle at 6094.75

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 FTSE up by 33.18 closed at 6625 ,CAC up by 21.21 closed at 3949 and DAX up 51.73 closed at 8314

Dow future was up by 64 closed at

15108.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

13TH MAY 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

Page 2: DAILY EQUITY REPORT BY EPIC RESEARCH-13th May 2013

FII’s and DII’s

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

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6229 6161 6093 6068 6025 6000 5957 5889 5821

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Indian stocks today, 9 May 2013, snapped three-day wining streak as European stocks fell. The S&P

BSE Sensex fell below the psychological 20,000 mark, having alternately moved above and below that

mark 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 overall

health 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 set

of first quarter numbers and also reiterated its revenue guidance for 2013. Metal stocks dropped. Asian

Paints 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 psychological

20,000 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 hovered

in 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

Page 3: DAILY EQUITY REPORT BY EPIC RESEARCH-13th May 2013

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

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

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 TRIGERRED

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 Cement

187.15 1468.84 184.05 3.10 1.68

SBI 2290.95 2258.55 2254.70 36.25 1.61

Reliane infra

402.90 4868.10 397.65 5.25 1.32

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Sun Pharma

948.25 1065.48 985.55 -37.3 -3.78

Asian Paints

4670.95 326.94 4853.55 -182.6 -3.76

Jindal Steel

317.85 1707.99 329.55 -11.7 -3.55

NMDC 124.5 1978.88 128.4 -3.9 -3.04

Axis Bank

1454.15 3121.52 1489.7 -35.55 -2.39

Page 4: DAILY EQUITY REPORT BY EPIC RESEARCH-13th May 2013

6

.

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

Disclaimer

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (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 on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility

The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the 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 all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the 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 whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.