Daily-equity-report by Epicresearch 8 May 2013

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  • 7/30/2019 Daily-equity-report by Epicresearch 8 May 2013

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    -=6HEADLINES

    Indian Market

    Indian equity markets were up 1.21%

    Nifty up by 72.50 pts and settle at6043.55

    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 FTSEup by 25.13 closed at 6546 ,CAC up by23.81 closed at 3930 and DAX up 81.48closed at 8193

    Dow future was up by 34 closed at

    14940.00

    WWW.EPICRESEARCH.CO 09752199966

    DAILY EQUITY

    NEWSLETTER8

    THMAY 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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    FIIs and DIIs

    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

    IVOT R4 R3 R2 R1 PP S1 S2 S3 S4

    IFTY 6229 6161 6093 6068 6025 6000 5957 5889 5821

    WWW.EPICRESEARCH.CO 09752199966

    MARKETANALYSIS:

    Key benchmark indices edged higher for the second day in a row on positive cues from Asian andEuropean markets. The barometer index, the S&P BSE Sensex, hit its highest level in more than 13weeks. 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 pointsfrom 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 BSESensex, 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 freshintraday 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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    WWW.EPICRESEARCH.CO 09752199966

    .

    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

    GAINERSANDLOOSERS

    PREVIOUSPERFORMANCE

    TYPE SCRIP B/S RESULT

    CASH ADANI B TGT HIT

    CASH ARVIND B TGT HIT

    FUTURE AMBUJA S SL TRIGERRE

    FUTUREALLAHBAD

    BANKS TGT HIT

    DAILY NIFTY GAINERS

    SCRIPS RATE VOL.

    (000)

    PR.

    CLOSE

    NET

    CHAN

    GE

    %

    CHANG

    E

    Hero

    Moto1706.35 286.47 1649.40 56.95 3.45

    Bharti

    Airtel331.20 5984.80 320.50 10.70 3.34

    Axis

    Bank1503.95 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

    India309.95 3570.51 316.45 -6.50 -2.05

    M & M 959.10 1125.35 966.45 -7.35 -0.76

    Ambuja

    Cement185.25 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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