Daily equity-report by epic research 15 march 2013

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HEADLINES Indian Market Indian equity markets were up 0.99% Nifty up by 57.75 pts and settle at 5908.95 Sensex up by 207.89 pts at 19570.44 Bank Nifty up by 243.30 pts at 12020.80 Global Market European markets were up with FTSE up by 14.64 closed at 6496 ,CAC up by 19.39 closed at 3855 and DAX up by 43.68 closed at 8014. Dow future was down 25.00 closed at 14439.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 15 TH MARCH 2013 HEADLINES Feb WPI inflation at 6.84% vs 6.6% in Jan, rate cut seen Sintex Industries redeems FCCBs, shares rise 2% India growth story still credible, says RBI Governor RIL to invest USD 27 bn in next 4 years

Transcript of Daily equity-report by epic research 15 march 2013

Page 1: Daily equity-report by epic research 15 march 2013

-=6 HEADLINES

Indian Market

Indian equity markets were up 0.99%

Nifty up by 57.75 pts and settle at 5908.95

Sensex up by 207.89 pts at 19570.44

Bank Nifty up by 243.30 pts at 12020.80

Global Market

European markets were up with FTSE up by 14.64 closed at 6496 ,CAC up by 19.39 closed at 3855 and DAX up by 43.68 closed at 8014.

Dow future was down 25.00 closed at

14439.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

15TH MARCH 2013

HEADLINES

• Feb WPI inflation at 6.84% vs 6.6% in

Jan, rate cut seen

• Sintex Industries redeems FCCBs,

shares rise 2%

• India growth story still credible, says RBI

Governor

• RIL to invest USD 27 bn in next 4 years

Page 2: Daily equity-report by epic research 15 march 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 14-Mar-13 3261.11 2654 607.11

DII 14-Mar-13 893.79 1722.98 -829.19

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6260 6131 6002 5955 5873 5826 5744 5615 5486

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices snapped three-day losing streak after the latest data showed that the non-food

manufacturing inflation or core inflation eased to three-year low of 3.8% in February 2013 from 4.1%

in January 2013. The barometer index, the 30-share S&P BSE Sensex, was provisionally up 209 points

or 1.08%, up about 390 points from the day's low and off close to 35 points from the day's high. Gains

in world stocks underpinned sentiment on the domestic bourses. Index heavyweight Reliance

Industries (RIL) extended intraday gains in late trade. Another index heavyweight ITC eked out

marginal gains.

BSE Sensex was up 209 points or 1.08% to 19,571.55

CNX Nifty was up 59.45 points or 1.02% to 5,910.65.

Among the 30-share Sensex pack, 23 stocks rose while rest of them fell.

Realty stocks edged higher on renewed buying. Sobha Developers, Unitech, HDIL and D B Realty rose

by 0.01% to 6.09%.DLF gained 1.6% to Rs 285. The stock had hit 52-week high of Rs 289.20 in

intraday trade Tuesday, 12 March 2013. Among state-run banks, Canara Bank, State Bank of India,

Bank of India, Bank of Baroda and Punjab National Bank rose by 0.61% to 3.54%.

State-run United Bank of India gained 2.25%. The bank after trading hours on Wednesday, 13 March

2013, said it has completed the allotment of 1.37 crore equity shares of the bank to the Government of

India

STOCKS TO WATCH

TITAN

DISH TV

UNION BANK

ALLAHBAD BANK

SCRIPS IN BAN PERIOD

HDIL

PUNJLLYOD

Page 3: Daily equity-report by epic research 15 march 2013

WWW.EPICRESEARCH.CO 09752199966

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EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5800

Resistance: 5900

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 11800

Resistance: 11940

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH VOLTAS B SL TRIGERRED

CASH IOB S TARGT HIT

FUTURE PFC S TARGT HIT

FUTURE SUN

PHARMA B TARGT HIT

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Sun Pharma

837.40 1062.78 827.35 10.05 1.21

ITC 301.65 7471.69 298.85 2.80 0.94

Bharti Airtel

317.30 4156.25 314.55 2.75 0.87

Asian Paints

4790.80 145.31 4752.40 38.40 0.81

HCL Tech.

778.60 1527.28 773.45 5.15 0.67

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Hindalco 95.80 14201.07 99.45 -3.65 -3.67

ICICI Bank

1085.70 2677.15 1123.10 -37.40 -3.33

Jindal Steel

354.10 2173.37 365.75 -11.65 -3.19

Bajaj Auto

1895.40 458.44 1955.95 -60.55 -3.10

Maruti Suzuki

1374.25 328.46 1417.00 -42.75 -3.02

Page 4: Daily equity-report by epic research 15 march 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

UNION BANK BUY 232.90 233.90 234.90 235.90

DISH TV SELL 65.10 64.60 64.10 65.60

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ALLAHBAD BANK BUY 143.00 144.00 145.00 142.00

TITAN SELL 228.00 227.00 226.00 229.00

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