DAILY EQUITY REPORT BY EPIC RESEARCH-8th May 2013
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Transcript of DAILY EQUITY REPORT BY EPIC RESEARCH-8th May 2013
-=6 HEADLINES
Indian Market
Indian equity markets were up 1.21%
Nifty up by 72.50 pts and settle at 6043.55
Sensex up by 215.31 pts at 19888.95
Bank Nifty up by 235.10 pts at 12631.50
Global Market
European markets were up with FTSE up by 25.13 closed at 6546 ,CAC up by 23.81 closed at 3930 and DAX up 81.48 closed at 8193
Dow future was up by 34 closed at
14940.00
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DAILY EQUITY NEWSLETTER
8TH MAY 2013
HEADLINES
• GSK Pharma Q1 net up 37% to Rs
169cr, shares rally
• Banks recover Rs 1000cr from
Kingfisher Airlines
• Will finish internal inquiries on Cobrapost
next month: SBI
• DLF picks banks to sell up to 81 mn
shares
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 6-May-13 2402.72 1505.26 897.46
DII 6-May-13 622.05 1162.88 -540.83
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6229 6161 6093 6068 6025 6000 5957 5889 5821
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MARKET ANALYSIS:
Key benchmark indices edged higher for the second day in a row on positive cues from Asian and
European markets. The barometer index, the S&P BSE Sensex, hit its highest level in more than 13
weeks. The CNX Nifty hit over 13-week high above the psychological 6,000 level. The Sensex was
provisionally up 207.95 points or 1.06%, up 184.26 points from the day's low and off 36.29 points
from the day's high. Index heavyweight and cigarette major ITC scaled record high. Another index
heavyweight Reliance Industries (RIL) also edged higher. The market breadth, indicating the overall
health of the market, was positive. All the 13 sectoral indices on BSE were in the green.
Bank stocks edged higher. FMCG stocks also rose. Shares of liquor major United Spirits scaled record
high. GlaxoSmithKline Pharmaceuticals pared gains after the company reported Q1 March 2013 result
during market hours.
Key benchmark indices edged higher in early trade on positive Asian stocks. Key benchmark indices
extended gains to strike fresh intraday high in morning trade. The barometer index, the S&P BSE
Sensex, hit its highest level in over 13 weeks. Key benchmark indices held firm in mid-morning trade.
Key benchmark indices held firm in early afternoon trade. The market trimmed gains after hitting fresh
intraday high in afternoon trade. Key benchmark indices scaled fresh intraday high in mid-afternoon
trade. The market extended gains in late trade.
Among the 30-share Sensex pack, 23 stocks gained while rest of them declined.
STOCKS TO WATCH
BAJAJ AUTO
CAIRN INDIA
TCS
INFOSYS
SCRIPS IN BAN PERIOD
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.
EXPERT OPINION
NIFTY
Nifty looks Bearish
Strategy: Sell on rise
Support: 6000
Resistance: 6080
BANK NIFTY
Bank Nifty looks Bearish
Strategy: Sell on rise
Support: 12560
Resistance: 12700
460
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH ADANI B TGT HIT
CASH ARVIND B TGT HIT
FUTURE AMBUJA S SL TRIGERRED
FUTURE ALLAHBAD
BANK S TGT HIT
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
Hero Moto
1706.35 286.47 1649.40 56.95 3.45
Bharti Airtel
331.20 5984.80 320.50 10.70 3.34
Axis Bank
1503.95 1471.43 1459.75 44.20 3.03
DLF 239.35 7234.49 232.70 6.65 2.86
ITC 335.30 5113.02 326.20 9.10 2.79
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
Coal India
309.95 3570.51 316.45 -6.50 -2.05
M & M 959.10 1125.35 966.45 -7.35 -0.76
Ambuja Cement
185.25 5100.75 186.15 -0.90 -0.48
BPCL 406.70 560.41 408.45 -1.75 -0.43
Ranbaxy 457.30 652.67 458.70 -1.40 -0.31
6
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
APOLLO TYRE BUY 100.90 101.40 101.90 100.40
HDIL BUY 56.20 56.70 57.20 55.70
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
CENTURY TEXTILE BUY 318.50 320.50 322.50 316.50
BHARTI AIRTEL BUY 331.00 333.00 335.00 329.00
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