Daily-equity-report Epicresearch 22 March 2013

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  • 7/29/2019 Daily-equity-report Epicresearch 22 March 2013

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    -=6HEADLINES

    Indian Market

    Indian equity markets were down 0.63%

    Nifty down by 35.55 pts and settle at5658.75

    Sensex down by 91.32 pts at 18792.87

    Bank Nifty down by 16.50 pts at11238.35

    Global Market

    European markets were down with FTSEdown by 49.69 closed at 6383 ,CAC downby 45.31 closed at 3784 and DAX downby 70.82 closed at 7931.

    Dow future was down 4.00 closed at

    14412.00

    WWW.EPICRESEARCH.CO 09752199966

    DAILY EQUITY

    NEWSLETTER22

    NDMARCH 2013

    HEADLINES

    Why has govt trimmed size of SAIL

    share offer?

    Manappuram Q4 loss seen Rs 50 cr on

    Rs 250 cr loan default

    Correction over, mkt awaits trigger; buy

    CIL: Macquarie

    ITC's cigarette volumes may fall 3-4% in

    FY14: StanChart

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    FIIs and DIIs

    CATEGORY DATE BUY SELL NET

    FII 21-Mar-13 3469.45 3101.14 368.31

    DII 21-Mar-13 1249.68 1279.76 -30.08

    NIFTY DAILY PIVOTS

    IVOT R4 R3 R2 R1 PP S1 S2 S3 S4

    IFTY 6017 5907 5797 5727 5687 5617 5577 5467 5357

    WWW.EPICRESEARCH.CO 09752199966

    MARKETANALYSIS:

    Key benchmark indices edged lower in chippy trade as European stocks dropped after the EuropeanCentral Bank warned Cyprus that it will cut off emergency funding for Cyprus's troubled banks ifCyprus doesn't seal a bailout deal by Monday, 25 March 2013. The barometer index, the S&P BSE

    Sensex, and the 50-unit CNX Nifty, both, hit their lowest level in more than 16 weeks. The marketbreadth, indicating the overall health of the market, was weak. The Sensex was provisionally down

    115.23 points or 0.61%, off 313.33 points from the day's high and up 12.31 points from the day's low.

    Shares of telecom major Bharti Airtel jumped over 5% after the company on Wednesday, 20 March2013, announced the launch of Airtel prepaid and postpaid 4G services in Chandigarh, Mohali andPanchkula in Punjab.

    The market edged higher in early trade on firm Asian stocks. Key benchmark indices reversed initialgains and hit their lowest level in almost 2-1/2 weeks in morning trade. Volatility ruled the roost as key

    benchmark indices regained positive zone in mid-morning trade. Key benchmark indices held firm inearly afternoon trade. The Sensex extended gains to hit fresh intraday high in afternoon trade.

    Volatility ruled the roost as key benchmark indices reversed direction and slipped into the red in mid-afternoon trade as European stocks dropped after the European Central Bank warned that it will cut off

    emergency funding for Cyprus's troubled banks if Cyprus doesn't seal a bailout deal by Monday, 25

    March 2013. The market extended losses to hit fresh intraday low in late trade.

    STOCKS TO WATCH

    IDBI RELIANCE CAPITAL INFOSYS ICICI BANK

    SCRIPS IN BAN PERIOD

    PUNJLLYOD

    HDIL

    RENUKA

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    .

    EXPERT OPINION

    NIFTY

    Nifty looks Bearish

    Strategy: Sell on rise

    Support:5600

    Resistance: 5700

    BANK NIFTY

    Bank Nifty looks Bearish

    Strategy: Sell on rise

    Support:11180

    Resistance:11300

    460

    GAINERSANDLOOSERS

    PREVIOUSPERFORMANCE

    TYPE SCRIP B/S RESULT

    CASHAUROBINDO

    PHARMAS TARGET HIT

    CASHRELIANC E

    CAPITALS TARGET HIT

    FUTURE DISH TV SNOT

    EXECUTED

    FUTURESUN

    PHARMAB SL TRIGERRE

    DAILY NIFTY GAINERS

    SCRIPS RATE VOL.

    (000)

    PR.

    CLOSE

    NET

    CHAN

    GE

    %

    CHANG

    E

    Bharti

    Airtel297.90 11023.52 280.05 17.85 6.37

    ICICI

    Bank1035.35 6556.90 1001.55 33.80 3.37

    HDFC 797.90 3606.38 780.40 17.50 2.24

    Jindal

    Steel &341.70 2354.68 337.70 4.00 1.18

    Wipro 434.75 1008.41 429.95 4.80 1.12

    DAILY NIFTY LOOSERS

    SCRIPS RATE VOL.

    (000)

    PR.

    CLOSE

    NET

    CHAN

    GE

    %

    CHAN

    GE

    JP

    Associate63.90 34092.63 68.35 -4.45 -6.51

    Reliance

    Infra337.00 6098.06 359.15 -22.15 -6.17

    Bank Of

    Baroda651.40 1172.27 687.35 -35.95 -5.23

    Bajaj

    Auto1755.30 464.79 1840.00 -84.70 -4.60

    Tata

    Motors273.60 11742.49 285.65 -12.05 -4.22

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    MARKET CALLS

    CASH

    SCRIPS ACTION LEVEL 1ST

    TARGET 2ND

    TARGET STOP LOSS

    DLF SELL 237.50 235.50 233.50 239.50

    RELIANCE CAPITAL SELL 312.00 310.00 308.00 314.00

    FUTURE

    SCRIPS ACTION LEVEL 1ST

    TARGET 2ND

    TARGET STOP LOSS

    IDBI SELL 81.00 80.50 80.00 81.50

    AMBUJA SELL 169.50 168.50 167.50 170.50

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