Weekly equity-report by epic research 21 jan 2013
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Transcript of Weekly equity-report by epic research 21 jan 2013
Kingfisher to stay grounded on unclear source
of revival funds
In the latest episode in the Kingfisher Airlines (KFA)
saga, the airline management has failed to provide any
clarity on a revival plan to the consortium of lenders as
the meeting between the consortium of lenders and KFA
management on Friday turned out to be another failed
attempt to revive the company, reports CNBC-TV18's
Global shares, oil prices rebound on US budget
World equity and oil prices rebounded on Friday after
Republican leaders of the US House of Representatives
said they would seek to break a budget impasse next
week, while the yen hit a 31-month low against the US
dollar ahead of potential asset purchases by the Bank of
HDFC Bank Q3 profit up 30%, challenges
India's second largest private sector lender HDFC Bank
on Friday reported a persistent 30% year-on-year jump
in its third quarter net profit at Rs 1,859 crore, driven by
robust growth in other income and loan expansions.
Since the last 30-31 successive quarters, the net profit
growth has been in the range of 30-31%.
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WEEKLY EQUITY NEWSLETTER
21ST JANUARY 2013
Nifty down by 91 pts and
settle at 5951.00
Bank Nifty down by 220 pts at 12617.00
NIFTY WEEKLY PIVOTS
MARKET ANALYSIS NEXT BATCH OF Q3 DECEMBER 2012 RESULTS WILL SET THE TREND FOR THE EQUITY MARKET IN THE
NEAR TERM. INVESTORS AND ANALYSTS WILL CLOSELY WATCH THE MANAGEMENT COMMENTARY THAT
WOULD ACCOMPANY THE RESULT WHICH COULD CAUSE REVISION IN THEIR FUTURE EARNINGS FORECAST
OF THE COMPANY FOR THE CURRENT YEAR AND OR NEXT YEAR. IN THE WEEK ENDED FRIDAY, 18 JANUARY 2013, THE BSE SENSEX ROSE 375.40 POINTS OR 1.91% TO
20,039.04, ITS HIGHEST CLOSING LEVEL SINCE 6 JANUARY 2011. THE 50-UNIT S&P CNX NIFTY ROSE 113.10 POINTS OR 1.90% TO 6,064.40 , ITS HIGHEST LEVEL SINCE 5
JANUARY 2011. AMONG THE 30 SENSEX SHARES, 17 FELL AND THE REMAINING SHARES ROSE. SHARES OF PUBLIC SECTOR OIL MARKETING COMPANIES (PSU OMCS) SURGED FOR THE SECOND
STRAIGHT DAY AFTER INDIAN OIL CORPORATION (IOC) ON THURSDAY, 17 JANUARY 2013, SAID IT WILL
RAISE DIESEL PRICES FROM FRIDAY, 18 JANUARY 2013, AFTER THE GOVERNMENT ON THURSDAY, 17
JANUARY 2013, ALLOWED PSU OMCS TO CHANGE DIESEL PRICES BY A SMALL MARGIN FROM TIME TO
TIME. BPCL (UP 16.93%) AND HPCL (UP 11.34%), JUMPED. STATE-RUN OIL EXPLORER ONGC JUMPED
15.58% TO RS 337.50. THE STOCK HIT A 52-WEEK HIGH OF RS 354.10 ON FRIDAY, 18 JANUARY 2013.
NIFTY BANK NIFTY
Nifty looks Consolidate Bank Nifty looks Consolidate
Strategy: Sell on rise Strategy: Sell on rise
Support:5870 Support: 12500
Resistance: 6120 Resistance: 12740
NIFTY WEELY PIVOTS
PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6399 6278 6157 6110 6036 5989 5915 5794 5673
NIFTY WEEKLY CHART
WEEKLY BANK NIFTY CHART
GAINERS AND LOOSERS
WEEKLY NIFTY GAINERS
SCRIPS RATE VOL. (000) PR.
BPCL 434.95 1230.95 370.75 64.20 17.32
ONGC 337.70 4817.80 292.35 45.35 15.51
DLF 262.70 2911.28 230.45 32.25 13.99
HCL Tech. 705.65 1707.15 644.85 60.80 9.43
NTPC 164.50 1809.11 152.70 11.80 7.73
WEEKLY NIFTY LOOSERS
SCRIPS RATE VOL.
PR. CLOSE NET
M & M 886.00 974.77 937.90 -51.90 -5.53
Wipro 397.35 4507.55 419.95 -22.60 -5.38
Hero Moto 1764.10 324.71 1839.45 -75.35 -4.10
Reliance Infra 527.30 1438.31 547.90 -20.60 -3.76
Sesa Goa 187.15 1850.92 194.40 -7.25 -3.73
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