DAILY EQUTY REPORT BY EPIC RESEARCH-25 OCTOBER 2012Document Transcript
HEADLINES Indian Market Indian equity markets down by 0.45%. Nifty down by 25.75 pts and settle at 5691.40 Sensex down by 83.42 pts at 18710.02. Bank Nifty down by 29.20 pts at 11578.20 DAILY EQUITY Global Market NEWSLETTER European markets were down with FTSE TH down by 45.04 pts at 5837.87,CAC down 25 OCTOBER 2012 by 23.22 pts at 3460.03 and DAX down by 69.88 pts at 7258.17 Dow future down by 87.00 pts at HEADLINES 13205.00• YES Bank Q2 net up 30% to Rs 306 cr, stock rises• Hero MotoCorp Q2 net profit seen down 27% YoY at Rs 440 cr• Idea Cellular Q2 net doubles at Rs. 240 crore, shares gain• Lupin Q2 net up 8.84 pc to Rs 291 crore WWW.EPICRESEARCH.CO 09752199966
MARKET ANALYSIS: Key benchmark edged lower on weak global equities. The BSE Sensex was down 81.70 points or 0.43% to 18,711.74. The index declined 104.06 points at the days low of 18,689.38 in mid-afternoon trade. The S&P CNX Nifty was down 27 points or 0.47% to 5,690.15, as per provisional figures. From the 30-share Sensex pack, 23 stocks fell while the rest of them rose. Cairn India gained 0.06% on robust Q2 results. Idea Cellular rose 0.31% on strong Q2 results. Lupin reversed intraday after reporting Q2 results. Castrol India declined 1.07% as net profit declined 9.88% to Rs 85.70 crore on 7% growth in total income from operations (net) to Rs 721.30 crore in Q3 September 2012 over Q3 September 2011. HCL Technologies fell 0.11% to Rs 610.40 on profit taking. Indias third largest software services exporter by revenues Wipro dropped 0.25%.The Reserve Bank of India (RBI) announces Second Quarter Review of Monetary Policy - 2012-13 on 30 October 2012. The RBI left interest rates unchanged at its last policy meeting on 17 September 2012 citing sticky inflation. STOCKS TO WATCH FII’s and DII’s CENTRAL BANKCATEGORY DATE BUY SELL NET BATA INDIA FII 22-Oct-12 1882.71 1641.03 241.68 APOLLO TYRE YES BANK DII 22-Oct-12 741.38 879.27 -137.89 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS WELCORPPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4NIFTY 5814 5775 5736 5713 5697 5674 5658 5619 5580 PANTALOONR PUNJLLOYD WWW.EPICRESEARCH.CO 09752199966
. -GAINERS AND LOOSERS EXPERT OPINION NIFTY DAILY NIFTY GAINERS Nifty looks ConsolidateSCRIPS RATE VOL. PR. NET % Strategy: Buy on dips (000) CLOSE CHAN CHANG GE E Support:5650 L&T 1701.35 2993.16 1671.00 30.35 1.82 Resistance: 5730 BANK NIFTY BPCL 348.55 792.80 342.40 6.15 1.80 Bank Nifty looks Consolidate 694.85 234.43 687.05 7.80 1.14Siemens Strategy: Buy on dips IDFC 153.65 3792.14 152.65 1.00 0.66 Support:11520 Cipla 365.80 1058.09 364.50 1.30 0.36 Resistance:11650 PREVIOUS PERFORMANCE TYPE SCRIP B/S RESULT DAILY NIFTY LOOSERS CENTRAL TGT CASH SSCRIPS RATE VOL. PR. NET % BANK ACHIEVED TGT (000) CLOSE CHAN CHA CASH ARVIND B ACHIEVED GE NGE TGT FUTURE BATA INDIA S Jindal ACHIEVED 390.75 1389.80 400.45 -9.70 -2.42 Steel BHARTI TGT Kotak FUTURE B 620.70 406.69 633.50 -12.80 -2.02 AIRTEL ACHIEVEDMah Bank Hero 1795.75 391.86 1827.65 -31.90 -1.75MotoCorp UPCOMING RESULTS Hindalco 113.35 3463.61 115.15 -1.80 -1.56 ADANI Infosys 2353.10 592.89 2385.55 -32.45 -1.36 KOTAK MAHINDRA M&M THINKSOFT 09752199966
MARKET CALLS CASH ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS CENTRAL BANK SELL 72.15 71.30 70.50 73.00 APOLLO TYRE BUY 87.15 88.00 89.00 86.30 FUTURE ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS. BATA INDIA SELL 910.00 906.00 900.00 914.00 YES BANK BUY 400.00 402.00 405.00 398.00 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.