Daily equity-report by epic research 19 march 2013

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HEADLINES Indian Market Indian equity markets were down 0.64% Nifty down by 37.35 pts and settle at 5835.25 Sensex down by 134.36 pts at 19239.20 Bank Nifty down by 81.05 pts at 11735.50 Global Market European markets were down with FTSE down by 64.73 closed at 6424 ,CAC down by 58.84 closed at 3785 and DAX down by 98.77 closed at 7944. Dow future was down 96.00 closed at 14337.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 19 TH MARCH 2013 HEADLINES See strong growth across categories: Godrej Consumer Delhi HC stays penalty against Bharti; shares recover JSW Steel puts expansion plans on hold, shares down 2% NALCO hits 4.4 year low post OFS

Transcript of Daily equity-report by epic research 19 march 2013

Page 1: Daily equity-report by epic research 19 march 2013

-=6 HEADLINES

Indian Market

Indian equity markets were down 0.64%

Nifty down by 37.35 pts and settle at 5835.25

Sensex down by 134.36 pts at 19239.20

Bank Nifty down by 81.05 pts at 11735.50

Global Market

European markets were down with FTSE down by 64.73 closed at 6424 ,CAC down by 58.84 closed at 3785 and DAX down by 98.77 closed at 7944.

Dow future was down 96.00 closed at

14337.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

19TH MARCH 2013

HEADLINES

• See strong growth across categories:

Godrej Consumer

• Delhi HC stays penalty against Bharti;

shares recover

• JSW Steel puts expansion plans on hold,

shares down 2%

• NALCO hits 4.4 year low post OFS

Page 2: Daily equity-report by epic research 19 march 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 18-Mar-13 2697.35 2191.35 506

DII 18-Mar-13 615.21 1075.1 -459.89

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5941 5905 5869 5852 5833 5816 5797 5761 5725

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

A brief intraday recovery was derailed in late trade on fresh selling. Markets across the globe dropped

after Cyprus over the weekend announced plans to impose a one-time levy on bank deposits as part of

a sovereign bailout. The market breadth was weak. The S&P BSE Sensex, was provisionally down

138.18 points or 0.71%, off 56.04 points from the day's high and up 57.15 points from the day's low.

Index heavyweight Reliance Industries (RIL) extended fall in late trade. Another index heavyweight

and cigarette major ITC edged higher.

Interest rate sensitive auto and realty stocks edged lower. Metal stocks fell as LMEX, a gauge of six

metals traded on the London Metal Exchange dropped 0.78% on Friday, 15 March 2013. Coal India

slumped on turning ex-dividend. Tata Power fell on profit booking.

Auto stocks declined. Tata Motors lost 1.41%. The company's British luxury car unit Jaguar Land

Rover (JLR) on 12 March 2013 said its sales rose 3% to 26,855 units in February 2013 over February

2012. Sales were up in almost every major market in February 2013, JLR said.

Metal stocks fell as LMEX, a gauge of six metals traded on the London Metal Exchange dropped 0.78%

on Friday, 15 March 2013.Jindal Steel & Power (down 0.67%), Hindalco Industries (down 0.05%),

Sesa Goa (down 2.13%), JSW Steel (down 0.67%), Tata Steel (down 1.51%), Steel Authority of India

(SAIL) (down 1.96%), Sterlite Industries (India) (down 2.78%), Hindustan Zinc (down 1.68%) edged

lower.

STOCKS TO WATCH

IDBI

LIC HOUSING

KARNATAKA BANK

BANK OF INDIA

SCRIPS IN BAN PERIOD

PUNJLLYOD

Page 3: Daily equity-report by epic research 19 march 2013

WWW.EPICRESEARCH.CO 09752199966

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EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5800

Resistance: 5880

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 11670

Resistance: 11800

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH LUPIN B TARGT HIT

CASH RANBAXY B NOT

EXECUTED

FUTURE VOLTAS B NOT

EXECUTED

FUTURE ADANI ENT B NOT

EXECUTED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Siemens 574.10 928.36 538.85 35.25 6.54

Asian Paints

5007.30 309.34 4896.45 110.85 2.26

Lupin 609.75 886.10 600.10 9.65 1.61

M & M 927.75 2032.38 914.30 13.45 1.47

Ranbaxy Labs.

438.75 1293.80 432.65 6.10 1.41

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

DLF 272.5 10636.28 284.7 -12.2 -4.29

ICICI Bank

1067.5 7092.97 1110.65 -43.15 -3.89

Tata Motors

291.1 9480.1 301 -9.9 -3.29

JP Associate

74.15 19872.25 76.45 -2.3 -3.01

GAIL India

323.3 1491.06 332.55 -9.25 -2.78

Page 4: Daily equity-report by epic research 19 march 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

KARNATAKA BANK BUY 142.70 143.20 143.70 142.20

LIC HOUSING SELL 241.00 239.00 237.00 243.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

IDBI BANK SELL 87.70 87.20 86.70 84.45

BANK OF INDIA BUY 328.40 330.40 332.40 326.40

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