WEEKLY EQUITY REPORT BY EPIC RESEARCH-24 SEPTEMBER 2012

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Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Intraday Tips, …

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.

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  • 1. WEEKLY NEWS  FinMin cuts tax on foreign borrowings, clears RGESS Continuing the slew of reforms initiated by the UPA government, Finance Minister P Chidambaram today cut the withholding tax on overseas borrowings to 5 per cent from 20 per cent and approved the Rajiv Gandhi Equity Scheme to attract more investment and supress demand for gold.  RBI notifies governments decision on FDI WEEKLY EQUITY The Reserve Bank today notified the governments NEWSLETTER decision to allow FDI in multi-brand retail, civil aviation, broadcasting and power exchanges.Yesterday, the 24TH SEPTEMBER 2012 Department of Industrial Policy and Promotion (DIPP) in a notification had said, "51 per cent FDI in multi-brand retailing, in all products, will be permitted. MARKET UPDATE:-  Confidence in reforms driving Indian stocks Indian stock investors head to a new week on a roll after Nifty up 113.50 pts at a slew of big ticket reforms has sent indexes to their 5691.20 highest since July 2011.India is set to announce additional measures, with investors hoping most for a Bank Nifty up 716 pts at hike in foreign direct investment limits in the insurance 11358.50 sector, reforms in the goods and services tax, and a debt restructuring for state electricity boards. http://www.epicresearch.co +91999399693 09993959693
  • 2. MARKET ANALYSIS  THE MARKET LOGGED GAINS FOR THIRD STRAIGHT WEEK ON A SLEW OF ECONOMIC REFORMS ANNOUNCED BY THE GOVERNMENT RECENTLY. THE BAROMETER INDEX, BSE SENSEX, REACHED ITS HIGHEST CLOSING LEVEL IN NEARLY 14 MONTHS. THE S&P CNX NIFTY ATTAINED ITS HIGHEST CLOSING LEVEL IN ALMOST 14-1/2 MONTHS.  THE BSE SENSEX GAINED 288.56 POINTS OR 1.56% TO 18,752.83 IN THE WEEK ENDED 21 SEPTEMBER 2012, ITS HIGHEST CLOSING LEVEL SINCE 25 JULY 2011.  THE 50-UNIT S&P CNX NIFTY SURGED 113.50 POINTS OR 2.03% TO SETTLE AT 5,691.15, ITS HIGHEST CLOSING LEVEL SINCE 7 JULY 2011.  KEY BENCHMARK INDICES EDGED LOWER ON TUESDAY, 18 SEPTEMBER 2012, AS EURO ZONE DEBT WORRIES RESURFACED FOLLOWING FURTHER RISE IN SPANISH GOVERNMENT BOND YIELDS ON MONDAY, 17 SEPTEMBER 2012. THE BSE SENSEX LOST 46.30 POINTS OR 0.25% TO 18,496.01. THE MARKET EDGED LOWER FOR THE SECOND STRAIGHT DAY ON THURSDAY, 20 SEPTEMBER 2012.  EXPERT OPINION NIFTY WEEKLY PIVOTS NIFTY BANK NIFTY Nifty looks Upwards Bank Nifty looks Upwards Strategy: Buy on Dips Strategy: Buy on dips Support: 5570 Support: 11000 Resistance: 5830 Resistance:11700  NIFTY WEELY PIVOTS PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4 NIFTY 6206 6020 5834 5762 5648 5576 5462 5276 5090 http://www.epicresearch.co +91999399693
  • 3.  NIFTY WEEKLY CHART  WEEKLY BANK NIFTY CHARThttp://www.epicresearch.co +91999399693
  • 4.  GAINERS AND LOOSERS WEEKLY NIFTY GAINERS SCRIPS RATE VOL. (000) PR. NET % CHANGE CLOSE CHANGE PNB 837.25 1070.81 709.05 128.20 18.08 Reliance 544.05 1890.83 471.05 73.00 15.50 Infra Bank Of 780.30 1434.20 680.80 99.50 14.62 Baroda Jindal Steel 426.90 8390.12 373.20 53.70 14.39 BHEL 232.40 5053.10 204.80 27.60 13.48. WEEKLY NIFTY LOOSERS SCRIPS RATE VOL. PR. CLOSE NET % CHANGE (000) CHANGE TCS 1304.05 1407.42 1413.10 -109.05 -7.72 Dr Reddys Lab 1643.70 467.25 1747.50 -103.80 -5.94 Wipro 378.00 2101.15 391.55 -13.55 -3.46 HUL 529.70 3526.28 548.05 -18.35 -3.35 Coal India 372.60 2034.57 383.20 -10.60 -2.77 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.