Transcript of "DAILY EQUTY REPORT BY EPIC RESEARCH-12 NOVEMBER 2012"
HEADLINES Indian Market Indian equity markets up by 0.91%. Nifty down by 52.50 pts and settle at 5686.25 Sensex down by 162.58 pts at 18683.68. Bank Nifty down by 137.95 pts at 11475.60 DAILY EQUITY Global Market NEWSLETTER European markets were down with FTSE TH down by 23.06 pts at 5752.99,CAC down 12 NOVEMBER 2012 by 6.57 pts at 3401.11 and DAX down by 58.85 pts at 7146.11 Dow future down by 20.00 pts at 12755.00 HEADLINES• Mallya gives up United Spirits, sells 53.4% to Diageo: Srcs• SBI Q2 net up 30%, slippages a concern, stock down 4%• BPCL turns profitable in Q2 on timely subsidy from govt• United Breweries Q2 net up 76% on better volumes WWW.EPICRESEARCH.CO 09752199966
MARKET ANALYSIS: Key benchmark indices reversed direction after a lower opening triggered by negative Asian stocks. Key benchmark indices pared gains after striking intraday high in morning trade. A bout of volatility was witnessed in mid-morning trade as key benchmark indices alternately swung between gains and losses. Key benchmark indices dropped to fresh intraday low in early afternoon trade BSE Sensex was down 167.98 points or 0.89% to 18,678.28. The S&P CNX Nifty was down 23.70 points or 0.41% to 5,736.40. The S&P CNX Nifty was down 52.40 points or 0.91% to 5,686.35. Tata Steel fell 3.88% after the company reported a net loss of Rs 363.93 crore in Q2 September 2012 compared with a net profit of Rs 212.43 crore in Q2 September 2011. Net sales rose 4.18% to Rs 33,867.32 crore in Q2 September 2012 over Q2 September 2011. State Bank of India (SBI) declined 4.04% after the banks ratio of net non-performing assets to net advances stood at 2.44% as on 30 September 2012, higher than 2.22% as on 30 June 2012 and 2.04% as on 30 September 2011. STOCKS TO WATCH FII’s and DII’s HINDALCOCATEGORY DATE BUY SELL NET VIP FII 41222.00 1679.20 1883.44 -204.24 ARVIND JP ASSOCIATE DII 41222.00 642.76 796.78 -154.02 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS SUZLONPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4NIFTY 5926 5852 5778 5732 5704 5658 5630 5556 5482 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:5640 Cairn 330.45 2141.14 327.95 2.50 0.76 Resistance: 5740 India Power BANK NIFTY Grid 119.55 3104.16 118.85 0.70 0.59 Corpn. Bank Nifty looks Sideways Bajaj Strategy: Buy on dips 1852.05 154.67 1844.50 7.55 0.41 Auto Support:11410Ultratech 2022.90 121.21 2015.60 7.30 0.36 Cement Resistance:11550 Maruti 1463.40 578.09 1459.75 3.65 0.25 Suzuki PREVIOUS PERFORMANCE TYPE SCRIP B/S RESULT DAILY NIFTY LOOSERS APOLLO TGTSCRIPS RATE VOL. PR. NET % CASH S TYRE ACHIEVED (000) CLOSE CHAN CHA TGT GE NGE CASH HDIL B ACHIEVED SBI 2155.05 6245.62 2242.30 -87.25 -3.89 FUTURE VOLTAS B ABOVE COST Tata JP NOT 390.55 5756.79 403.95 -13.40 -3.32 FUTURE S Steel ASSOCIATE EXECUTED ONGC 257.15 4493.33 265.25 -8.10 -3.05 IDFC 158.70 7806.52 163.60 -4.90 -3.00 UPCOMING RESULTS DLF Sesa Goa 173.20 988.24 178.25 -5.05 -2.83 GMR INFRA MERCATOR NESTLE SPICE JET 09752199966
MARKET CALLS CASH ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS ARVIND BUY 84.00 84.70 85.50 83.30 HDIL BUY 105.00 105.90 106.90 104.10 FUTURE ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS. IRB INFRA SELL 121.70 120.70 119.20 122.70 POWERGRID BUY 120.00 121.00 122.50 119.00 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.