DAILY EQUTY REPORT BY EPIC RESEARCH-23 NOVEMBER 2012Document Transcript
HEADLINES Indian Market Indian equity markets up by 0.31%. Nifty up by 12.95 pts and settle at 5627.75 Sensex up by 56.96 pts at 18517.34. Bank Nifty up by 43.00 pts at 11508.35 Global Market DAILY EQUITY European markets were up with FTSE NEWSLETTER up by 30.56 pts at 5782.59,CAC up by 9.29 pts at 3486.65 and DAX up by 51.27 23RD NOVEMBER 2012 pts at 7235.98 Dow future up by 31.00 pts at 12831.00 HEADLINES• No more credit to Kingfisher, home loans fetching revenue• Medpro buy to boost Ciplas growth in Africa, say analysts• Expect EBITDA margins to be constant: Shree Renuka Sugars• Tara Jewels ropes in anchor investors, gets Rs 26.65 cr WWW.EPICRESEARCH.CO 09752199966
MARKET ANALYSIS: Key benchmark indices edged higher in choppy trade after Lok Sabha Speaker Meira Kumar rejected Trinamool Congress (TMC) no-confidence motion against the government on its decision to allow foreign direct investment (FDI) in multi-brand retail sector. The Lok Sabha Speaker said that TMC did not have the numbers to move the no-confidence motion. The BSE Sensex was up 48.15 points or 0.26% to 18,508.53. The S&P CNX Nifty was up 10.55 points or 0.19% to 5,625.35. From the 30-share Sensex pack, 16 stocks rose while the rest of them fell. Coal India rose 0.14%. The Ministry of Railways today, 22 November 2012, said that Indian Railways has loaded 274.72 million tonnes during April 2012 to October 2012 which is 10.2% more than the coal loading in corresponding period of last year. State Bank of India (SBI) rose 1.86% on bargain hunting after recent losses. Among other PSU bank stocks, Canara Bank, Union Bank of India, Bank of India, and Bank of Baroda gained by between 0.38% to 1.65% Tyre shares gained across the board. Apollo Tyres, JK Tyre & Industries, MRF and CEAT rose by between 0.51% to 3.05%. STOCKS TO WATCH FII’s and DII’s TATA MOTORSCATEGORY DATE BUY SELL NET APTECH FII 22-Nov-12 1577.55 1462.79 114.76 AMBUJA JP ASSOCIATE DII 22-Nov-12 674.13 838.13 -164 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS SUZLONPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4NIFTY 5731 5696 5661 5644 5626 5609 5591 5556 5521 PUNJLYOD WELCORP HDIL RENUKA WWW.EPICRESEARCH.CO 09752199966
. GAINERS AND LOOSERS EXPERT OPINION NIFTY DAILY NIFTY GAINERS Nifty looks SidewaysSCRIPS RATE VOL. PR. NET % Strategy: Buy on dips (000) CLOSE CHAN CHANG GE E Support:5580 Grasim 3241.95 27.86 3179.30 62.65 1.97 Resistance: 5660 BANK NIFTY SBI 2098.45 1818.09 2061.00 37.45 1.82 Bank Nifty looks Sideways Axis 1257.05 1652.92 1236.35 20.70 1.67 Bank Strategy: Buy on dips L&T 1590.75 988.16 1565.65 25.10 1.60 Support:11430 HCL Resistance:11580 627.30 879.83 617.50 9.80 1.59 Tech PREVIOUS PERFORMANCE DAILY NIFTY LOOSERS TYPE SCRIP B/S RESULTSCRIPS RATE VOL. PR. NET % (000) CLOSE CHAN CHA NOT CASH HEXAWARE S EXECUTED GE NGE CASH ARVIND B ABOVE COST Tata 258.75 7511.82 265.50 -6.75 -2.54 Motors AURO TGT FUTURE B Ultratech PHARMA ACHEIVED 1899.45 187.40 1932.40 -32.95 -1.71 Cement TATA TGT FUTURE S Siemens 658.75 334.32 667.15 -8.40 -1.26 MOTORS ACHEIVED ICICI 1032.60 2882.75 1044.45 -11.85 -1.13 Bank Ranbaxy 512.65 438.46 517.45 -4.80 -0.93 Labs. 09752199966
MARKET CALLS CASH ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS APTECH SELL 66.30 65.60 64.80 67.05 JP ASSOCIATE BUY 90.20 91.00 92.20 89.40 FUTURE ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS. AMBUJA BUY 203.15 204.15 205.65 202.15 TATA MOTORS SELL 258.50 256.50 253.50 260.50 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 whatsoev er 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.