DAILY EQUITY REPORT BY EPIC RESEARCH-8th May 2013

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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 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 8 TH 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

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Transcript of DAILY EQUITY REPORT BY EPIC RESEARCH-8th May 2013

Page 1: 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

WWW.EPICRESEARCH.CO 09752199966

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

Page 2: DAILY EQUITY REPORT BY EPIC RESEARCH-8th May 2013

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

WWW.EPICRESEARCH.CO 09752199966

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

Page 3: DAILY EQUITY REPORT BY EPIC RESEARCH-8th May 2013

WWW.EPICRESEARCH.CO 09752199966

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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

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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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