Daily equity-report by epic research 24 jan 2013
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Transcript of Daily equity-report by epic research 24 jan 2013
-=6 HEADLINES
Indian Market
Indian equity markets down by 0.03%
Nifty up by 6.00 pts and settle at 6054.00
Sensex up by 54.00 pts at 20026.00
Bank Nifty up by 120.00 pts at 12728.00
Global Market
European markets were up with FTSE up by 18.47 closed at 6196 ,CAC down by 14.84 closed at 3726 and DAX up by 11.33 closed at 7707.
Dow future was down 4.00 closed at
13715.00
WWW.EPICRESEARCH.CO 09752199966
DAILY EQUITY NEWSLETTER
24TH JANUARY 2013
HEADLINES
• Bharti group to expand in Africa: Sunil
Mittal
• Imported coal price, Barmer plant boost
Q3: JSW Energy
• Tata Motors tumbles on JLR margin
warning
• Bharti Airtel raises call prices, rivals seen
following
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 23-Jan-13 3525.59 2722.97 802.62
DII 23-Jan-13 952.28 1804.61 -852.33
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6203 6145 6087 6052 6029 5994 5971 5913 5885
WWW.EPICRESEARCH.CO 09752199966
MARKET ANALYSIS:
Key benchmark indices eked out small gains in a volatile session of trade as European stocks edged
higher ahead of a vote to increase the US debt ceiling.
BSE Sensex advanced 45.04 points or 0.23% to settle at 20,026.61.
S&P CNX Nifty advanced 5.80 points or 0.1% to 6,054.30.
Among the 30-share Sensex pack, 16 rose while the rest of them fell.
PSU OMCs fell as US crude oil futures rose on speculation that the United States will lift its debt limit.
BPCL (down 1.87%), HPCL (down 1.54%) and Indian Oil Corporation (down 2.27%), edged lower.
HUL's decision increase the rate of royalty to the parent firm weighed on other MNC FMCG stocks.
Nestle India, Colgate-Palmolive (India) and Procter & Gamble Hygiene and Health Care dropped 2.8%
to 4.2%.IT stocks were mixed. TCS declined 0.35%.Wipro expects revenues from IT Services business
at $1.585 billion to $1.625 billion in Q4 March 2013. Polaris Financial Technology lost 6.85% after
consolidated net profit fell 26.24% to Rs 40.66 crore on 4.37% decline in net sales to Rs 572.88 crore
in Q3 December 2012 over Q2 September 2012. Metal stocks edged lower. Sterlite Industries (India)
(down 0.09%), JSW Steel (down 0.41%), Jindal Steel & Power (down 0.52%), Sail (down 0.99%),
Hindalco Industries (down 2.93%) and Hindustan Zinc (down 1.46%) declined. Larsen & Toubro rose
0.69% to Rs 1,562.95 ahead of its Q3 December 2012 results tomorrow, 24 January 2013.
STOCKS TO WATCH
VOLTAS
UFLEX
LOVABLE
TATA MOTORS
SCRIPS IN BAN PERIOD
RENUKA IBREALEST
PUNJLLOYD
SUZLON
HDIL
KTKBANK
WWW.EPICRESEARCH.CO 09752199966
.
EXPERT OPINION
NIFTY
Nifty looks Consolidate
Strategy: Sell on rise
Support: 6010
Resistance: 6090
BANK NIFTY
Bank Nifty looks Consolidate
Strategy: Sell on rise
Support: 12650
Resistance: 12790
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH JET AIRWYS B TGT
ACHEIVED
CASH ABAN B TGT
ACHEIVED
FUTURE PFC B NOT
EXECUTED
FUTURE JP
ASSOCIATE B
TGT ACHEIVED
UPCOMING RESULTS
ANDHRA BANK
ASHOK LEYLAND
BIOCON
L&T
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
ONGC 338.05 6154.81 333.20 4.85 1.46
TCS 1330.00 505.16 1311.95 18.05 1.38
HUL 465.75 1105.47 460.05 5.70 1.24
ITC 296.00 4466.78 292.75 3.25 1.11
Wipro 405.40 679.68 401.75 3.65 0.91
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
Tata Motors
288.65 20639.12 313.05 -24.40 -7.79
JP Associate
83.85 10725.81 87.70 -3.85 -4.39
GAIL India
352.95 1180.44 365.95 -13.00 -3.55
IDFC 166.70 1681.05 171.75 -5.05 -2.94
M &M 859.80 384.61 881.95 -22.15 -2.51
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
MCLEOD BUY 349.00 352.00 355.00 346.00
BHARTI AIRTEL BUY 368.00 371.00 374.00 365.00
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
JP ASSOCIATE SELL 87.00 86.25 85.50 87.75
ADANI ENT SELL 268.00 266.50 265.00 269.50
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