Daily equity-report by epic research 17 dec 2012
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- 1. HEADLINES -=6 Indian MarketIndian equity markets up by 0.48%Nifty up by 28.10 pts and settle at5879.60Sensex up by 87.99 pts at 19317.25Bank Nifty up by 155.55 pts at 12424.70 Global Market DAILY EQUITYEuropean markets were down with FTSE NEWSLETTER down by 7.45 pts at 5922.16 ,CAC downby 5.41 pts 3637.72 and DAX up by 14.3717TH DECEMBER 2012pts at 7596.35Dow future up by 38.00 pts at 13195.00 HEADLINES Expect cost of land acquisition to go up by 50%: M&M Pvt banks make greater use of loan recovery agents Govt confident of keeping fiscal deficit at 5.3% in FY13 Tata Motors global Nov wholesales at 1.02 lakh unitsWWW.EPICRESEARCH.CO 09752199966
2. MARKET ANALYSIS: Key benchmark indices edged higher in choppy trade after latest data showed inflation based on the wholesale price index (WPI) eased in November 2012, with core inflation reaching 2 -1/2-year low. The BSE Sensex was up 92.96 points or 0.48% to 19,322.22. The S&P CNX Nifty was up 32.35 points or 0.56% to 5,883.85, as per provisional figures. From the 30-share Sensex pack, 17 stocks rose while rest of them fell. Bank stocks bounced back after latest data showed WPI inflation eased in November 2012. ICICI Bank gained 1.46% to Rs 1,138. Among other PSU bank stocks, Union Bank of India, Bank of India, Bank of Baroda and Punjab National Bank gained by between 1.86% to 4.89%.State Bank of India (SBI) rose 2.8%.Indias second largest private sector bank by net profit HDFC Bank fell 0.4% to Rs 688.60. Indias second largest software services exporter by revenues Infosys shed 0.27%.Shriram Transport Finance rose 3.01% to Rs 730. The stock hit 52-week high of Rs 742.70 in intraday trade today, 14 December 2012. STOCKS TO WATCH FIIs and DIIs INFOSYSCATEGORYDATEBUYSELLNET ADANI POWERFII14-Dec-122666.6 2092.22574.38 R CAPITAL HCL TECHNOLOGIESDII14-Dec-12888.98 1401.41 -512.43 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS IVRCLINFRAPIVOT R4 R3 R2 R1PP S1S2 S3S4 KTKBANKNIFTY 6009 5962 5915 58975868 58505821 57745727 PANTALOONR SUZLONWWW.EPICRESEARCH.CO 09752199966 3. . GAINERS AND LOOSERS EXPERT OPINION NIFTYDAILY NIFTY GAINERS Nifty looks ConsolidateSCRIPS RATEVOL. PR.NET%Strategy: Sell on rise (000)CLOSECHAN CHANG GE ESupport: 5840Sesa Resistance: 5930 187.751743.29 181.05 6.703.7GoaBANK NIFTYHindalco 119.956221.05 115.80 4.153.58 Bank Nifty looks Consolidate Bank 841.451204.23 816.6 24.853.04 Strategy: Sell on riseBaroda JindalSupport: 12360 431.203233.94 420.2510.952.61 Steel SBI 2320.25 2018.032262.6057.652.55 Resistance: 12480 .0 PREVIOUS PERFORMANCEDAILY NIFTY LOOSERSTYPESCRIP B/S RESULTSCRIPSRATE VOL. PR.NET% (000)CLOSECHAN CHANTATATGTCASHB GE GE MOTORS ACHEIVEDTGTPower CASHHEXAWARE S 116.25 3429.86 118.25-1.69 -2.00 ACHEIVEDGridJINDALTGTBharti FUTURE B 312.45 3633.56 317.80-1.68 -5.35STEELACHEIVEDAirtelJPTGT 101.50 13738.37102.90-1.36 -1.40FUTUREVOLTASSAssociate ACHEIVED BHEL224.90 4714.70 227.95-1.34 -3.05Dr 1830.05 266.891851.95-1.18 -21.90Reddys Lab09752199966 4. MARKET CALLSCASHST NDSCRIPS ACTIONLEVEL1TARGET2TARGETSTOP LOSS R CAPITAL BUY 466.00 470.00 476.00 462.00 ADANI POWERSELL 61.3060.7060.00 62.00FUTURE ST NDSCRIPS ACTION LEVEL1 TARGET 2 TARGET STOP LOSS.HCL TECHNOLOGIESBUY 634.00638.00644.00 630.00R INFRA BUY 526.00530.00536.00 522.00DisclaimerThe 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, togethe r 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.