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  1. 1. Daily Equity Report (2 JULY 2012)HighlightsIndian market Indian equity markets up 2.58%. Nifty up 133.00 pts and settle at 5288.75. Sensex was up 410.00 pts at 17401.46. Bank Nifty up 352.75 pts at 10326.85.Global market European markets were up with FTSE up by 116.04 pts at 5609.10, CAC up by 116.81 pts at 3168.49 and DAX up 230.41 pts at 6380.32 Dow future up 197.00 pts at 12723.00. S&P/CS Composite-20 HPI y/y is 2.0M & previous 1.7M
  2. 2. www.epicresearch.co+919993959693 Market Analysis: Positive global cues and a turnaround in domestic sentiments drove equities to a two- month high Friday. The 30-share BSE Sensex jumped 439 points or 2.6% to end at 17,430, a level seen for the first time since May 2. The 50-share Nifty index advanced 130 points to close at 5,279 The rupee, too, pulled back sharply gaining 1.4%, and traded below the psychological 56 to the dollar mark. European stocks maintained morning gains on the back of the agreement to use the continents permanent bailout fund to recapitalize struggling banks. EU leaders also agreed to the idea of a tighter union in the long term. Spains IBEX index traded off the days high, rising 2.5% while the CAC 40 benchmark in France extended gains, rising 2.4% higher. Earlier, Asian stocks closed near the days high. The benchmark in Hong Kong jumped 2.2%, while Japans Nikkei index ended 1.5% higher Banks, metals, power, and capital goods stocks saw strong buying interest and gained 3- 4% on the BSE. ICICI Bank, ITC, Reliance Industries, L&T, and HDFC Bank were the top Sensex movers, adding over 200 index points to the BSE benchmark Oil and gas major Cairn India (-5.9%) and oil refiner BPCL (-0.85%) were the only two stocks to end lower on the Nifty index. Cairn India shares fell after its erstwhile promoter Cairn Energy sold shares in the open market The market breadth was strong with over 85% stocks rising on the broader BSE 500 index www.epicresearch.co +919993959693
  3. 3. www.epicresearch.co+919993959693 News you can use:  The Indian rupee hit a one-week high against the dollar on Friday after the government released draft guidelines for General Anti Avoidance rule on Thursday  Monsoon rains 18 per cent below average in week to June 27 reflecting a lull phase over oilseed-growing areas of central India  The growth of eight core sector industries picked up at 4.6 per cent in May, from 2.2 percent in April. Fiis & Diis CATAGERY DATE BUY SELL NET FII 29-Jun-2012 4747.12 1700.36 3046.76 DII 29-Jun-2012 1532.57 1783.28 -250.71 NIFTY Daily pivots Pivot R4 R3 R2 R1 PP S1 S2 S3 S4 Nifty 5550.08 5457.33 5364.58 5326.67 5271.83 5233.92 5179.08 5086.33 4993.5 www.epicresearch.co +919993959693
  4. 4. www.epicresearch.co+919993959693 Daily Nifty Gainers COMPANY CURR.RATE VOL(000) PREV.CL NET CHANGE CHANGE% Jindal Steel 470.35 6018.66 431.85 38.5 8.92 Tata Power 104.7 8194.02 98.9 5.8 5.86 Sterlite Inds. 102.7 6594.29 97.5 5.2 5.33 BHEL 232.45 8245.69 221.05 11.4 5.16 ICICI Bank 899.5 4774.1 856.95 42.55 4.97 Daily Nifty Losers COMPANY CURR.RATE VOL(000) PREV.CL NET CHANGE CHANGE% Cairn India 307.55 65717.36 327.35 -19.8 -6.05 BPCL 743.95 649.27 751.15 -7.2 -0.96 Coal India 346.8 2197.65 347.85 -1 -0.3 Stock in ban period Stocks to watch  NIL  ABAN  CANARA BANK  DLF  PANTALOON  COAL INDIA www.epicresearch.co +919993959693
  5. 5. www.epicresearch.co+919993959693 Nifty Daily Chart INDEX OPEN HIGH LOW CLOSE CHANGE %CHANGE Nifty 5217.00 5309.75 5217.00 5288.75 133.00 2.58 ANALYSIS:  Nifty looks bearish  Strategy: Sell on rise  Support:5230  Resistance:5330 www.epicresearch.co +919993959693
  6. 6. www.epicresearch.co+919993959693 Bank Nifty Daily Chart INDEX OPEN HIGH LOW CLOSE CHANGE %CHANGE Bank Nifty 10050 10374 10050 10326 352.75 3.54 ANALYSIS  Bank Nifty looks bearish  Strategy: Sell on rise  Support: 10270  Resistance:10390 www.epicresearch.co +919993959693
  7. 7. www.epicresearch.co+919993959693 MARKET CALLS CASH SCRIPS B/S LEVEL SL1 T1 T2 T3 CROMPTON B 122.50 121 124.00 125.50 127.00 AURO PHARMA B 112.40 110.90 114.00 115.50 117.00 FUTURE SCRIPS B/S LEVEL SL1 T1 T2 T3 BPCL S 640 644 636 632 628 BAJAJ AUTO S 1525 1550 1500 1475 1450 PREVIOUS PERFORMANCE TYPE SCRIPS B/S RESULT CASH ABAN BUY TGT ACHIEVED CASH DLF BUY TGT ACHIEVED FUTURE CANARA BANK SELL NOT EXECUTED FUTURE PANTALOON SELL NOT EXECUTED www.epicresearch.co +919993959693
  8. 8. www.epicresearch.co+919993959693 Factors to watch:  Rupee to stop falling?  Progress of rains/US storm impact on Oil Prices.  Low Bond yields expecting out of turn action by RBI?  Volatility ahead of F&O expiry.  Government Rejig: Who will be the FM? www.epicresearch.co +919993959693
  9. 9. www.epicresearch.co+919993959693 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. www.epicresearch.co +919993959693