Weekly equity-report by epic research 21 jan 2013

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WEEKLY NEWS 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 Gopika Gopakumar. Global shares, oil prices rebound on US budget talk 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 Japan. HDFC Bank Q3 profit up 30%, challenges ahead 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%. http://www.epicresearch.co 09752199966 09993959693 WEEKLY EQUITY NEWSLETTER 21 ST JANUARY 2013 MARKET UPDATE:- Nifty down by 91 pts and settle at 5951.00 Bank Nifty down by 220 pts at 12617.00

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Transcript of Weekly equity-report by epic research 21 jan 2013

Page 1: Weekly equity-report  by epic research 21 jan 2013

WEEKLY NEWS

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

Gopika Gopakumar.

Global shares, oil prices rebound on US budget

talk

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

Japan.

HDFC Bank Q3 profit up 30%, challenges

ahead

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%.

http://www.epicresearch.co 09752199966 09993959693

WEEKLY EQUITY NEWSLETTER

21ST JANUARY 2013

MARKET UPDATE:-

Nifty down by 91 pts and

settle at 5951.00

Bank Nifty down by 220 pts at 12617.00

Page 2: Weekly equity-report  by epic research 21 jan 2013

NIFTY WEEKLY PIVOTS

http://www.epicresearch.co 09752199966

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.

.

EXPERT OPINION

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

Page 3: Weekly equity-report  by epic research 21 jan 2013

http://www.epicresearch.co 09752199966

NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

Page 4: Weekly equity-report  by epic research 21 jan 2013

.

GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

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.

(000)

PR. CLOSE NET

CHANGE

% CHANGE

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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