Daily equity-report by epic research 30 jan 2013

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HEADLINES Indian Market Indian equity markets were flat (-0.41%) Nifty down by 24.90 pts and settle at 6049.90 Sensex down by 114.47 pts at 19988.88 Bank Nifty down by 53.05 pts at 12728.00 Global Market European markets were down with FTSE up by 9.76 closed at 6304 ,CAC down by 5.53 closed at 3775 and DAX down by 6.33 closed at 7826. Dow future was up 4.00 closed at 13828.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 30 TH JANUARY 2013 HEADLINES Crompton Q3: Analysts expect profit to fall 1% at Rs 76 cr Idea Cellular Q3 PAT seen up 2.25% to Rs 245 cr Axis Bank shares gain; stake sale attracts strong demand Govt extends date of coal mines allocation to PSUs

Transcript of Daily equity-report by epic research 30 jan 2013

Page 1: Daily equity-report  by epic research 30 jan 2013

-=6 HEADLINES

Indian Market

Indian equity markets were flat (-0.41%)

Nifty down by 24.90 pts and settle at 6049.90

Sensex down by 114.47 pts at 19988.88

Bank Nifty down by 53.05 pts at 12728.00

Global Market

European markets were down with FTSE up by 9.76 closed at 6304 ,CAC down by 5.53 closed at 3775 and DAX down by 6.33 closed at 7826.

Dow future was up 4.00 closed at

13828.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

30TH JANUARY 2013

HEADLINES

• Crompton Q3: Analysts expect profit to

fall 1% at Rs 76 cr

• Idea Cellular Q3 PAT seen up 2.25% to

Rs 245 cr

• Axis Bank shares gain; stake sale

attracts strong demand

• Govt extends date of coal mines

allocation to PSUs

Page 2: Daily equity-report  by epic research 30 jan 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 29-Jan-13 4389.51 3489.68 899.83

DII 29-Jan-13 1157.83 2096.54 -938.71

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6274 6205 6136 6092 6067 6023 5998 5929 5860

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MARKET ANALYSIS:

Key benchmark indices extended intraday losses to hit fresh intraday low in late trade. The barometer

index, BSE Sensex, fell below the psychological 20,000 level.

The BSE Sensex was down 116.23 points or 0.58% to 19,987.12.

S&P CNX Nifty was down 27.85 points or 0.46% to 6,046.95.

Among the 30-share Sensex pack, 23 declined while the rest of them rose

Sterlite Industries (India) fell 0.79%. Sterlite Industries (India) during market hours today, 29 January

2013, reported 30% growth in consolidated net profit to Rs 1191 crore on 4% growth in net sales to Rs

10692 crore in Q3 December 2012 over Q3 December 2011. Realty shares dropped in volatile trade.

Godrej Properties (down 0.39%), Oberoi Realty (down 1.29%), Orbit Corporation (down 1.32%),

Indiabulls Real Estate (down 4.61%) and Unitech (down 6.31%) edged lower. Realty major DLF fell

1.59% to Rs 262.70, with the stock reversing direction after striking a 52-week high of Rs 272.80 in

intraday trade today, 29 January 2013. Shares of two-wheeler makers were mixed. Hero MotoCorp

rose 0.74%. Bajaj Auto shed 2.85%. TVS Motor Company was unchanged at Rs 43.85. Yes Bank

(down 2.16%), Punjab National Bank (down 1.49%), Canara Bank (down 2.23%), Bank of India

(down 4.01%) and Bank of Baroda (down 2.64%) declined. India's largest private sector bank by net

profit ICICI Bank rose 0.87% to Rs 1,201. Axis Bank surged 4.1% to Rs 1,473 after striking a 52-week

high of Rs 1,503 in intraday trade today, 29 January 2013.

STOCKS TO WATCH

KARNATAKA BANK

AUROBINDO PHARMA

ITC

AXIS BANK

SCRIPS IN BAN PERIOD

RENUKA IFCI

PUNJLLOYD IRB

SUZLON RCOM

HDIL

WELCORP

Page 3: Daily equity-report  by epic research 30 jan 2013

WWW.EPICRESEARCH.CO 09752199966

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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: 12660

Resistance: 12800

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH AUROBINDO

PHARMA B

NOT EXECUTED

CASH HINDUSTAN

ZINC S SL TRIGERRED

FUTURE PFC B NOT

EXECUTED

FUTURE CANARA

BANK S TARGET HIT

UPCOMING RESULTS

ARVIND INDIAINFOLINE

CHAMBAL FERT IOB

DENA BANK NALO

GODREJ PROP PVR

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Axis Bank 1475.45 9092.77 1412.95 62.50 4.42

JP Associate

86.40 24806.40 84.90 1.50 1.77

Coal India

347.65 2242.19 342.25 5.40 1.58

ITC 305.15 9553.81 300.75 4.40 1.46

Kotak Mah Bank

674.70 2405.57 668.05 6.65 1.00

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Bank of Baroda

846.65 1655.52 870.00 -23.35 -2.68

HDFC Bank

652.45 2990.44 670.35 -17.90 -2.67

Bajaj Auto

2031.85 241.74 2086.65 -54.80 -2.63

Hindalco 115.45 5062.13 118.40 -2.95 -2.49

Bharti Airtel

349.50 4479.13 357.35 -7.85 -2.20

Page 4: Daily equity-report  by epic research 30 jan 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ITC BUY 305.70 307.70 310.70 303.70

KARNATAKA BANK SELL 158.50 158.00 157.25 159.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

TATA STEEL SELL 398.20 394.20 388.20. 402.20

AUROBINDO PHARMA

SELL 182.00 181.00 170.50 183.00

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