Daily equity-report by epic research 29 april 2013


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Daily equity-report by epic research 29 april 2013

  1. 1. -=6HEADLINES Indian Market Indian equity markets were down 0.76% Nifty down by 44.85 pts and settle at5871.45 Sensex up by 120.13 pts at 19286.72 Bank Nifty up by 193.70 pts at 12533.15 Global Market European markets were up with FTSEup by 34.88 closed at 6407 ,CAC downby 37.09 closed at 3803 and DAX down29.07 closed at 7803Dow future was down by 33 closed at14620.00WWW.EPICRESEARCH.CO 09752199966DAILY EQUITYNEWSLETTER29THAPRIL 2013 HEADLINES• Biocon Q4 net jumps on exceptionalgains; EBITDA down 21%• FY13 indirect tax exceeds revisedestimate target• RBS sells 4.62% stake in SKSMicrofinance for Rs 63 cr• Hero MotoCorp Q4 net profit down 5% toRs 574.3 cr
  2. 2.  FII’s and DII’sCATEGORY DATE BUY SELL NETFII 25-Apr-13 6226.62 4776.92 1449.7DII 25-Apr-13 1054.58 2324.01 -1269.43 NIFTY DAILY PIVOTSPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4NIFTY 6020 5973 5926 5898 5879 5851 5832 5785 5738WWW.EPICRESEARCH.CO 09752199966MARKET ANALYSIS: Key benchmark indices snapped four day winning streak as weakness in European stocks hit investorsentiment adversely. The barometer index, the S&P BSE Sensex, was provisionally down 123.50points or 0.64%, up close to 35 points from the days low and off about 100 points from the days high.The market breadth, indicating the overall health of the market, was negative. Index heavyweightReliance Industries (RIL) dropped. Index heavyweight and cigarette major ITC was marginally lower. ICICI Bank dropped on profit taking after the bank reported good Q4 results. Idea Cellular surged to hit52-week high after strong Q4 results. Maruti Suzuki India jumped after the car major reported strongQ4 March results. LIC Housing Finance jumped on strong Q4 results The market edged lower in early trade. The Sensex hovered in negative terrain in morning trade. Themarket trimmed losses after hitting fresh intraday low in mid-morning trade. The Sensex continued tohover in negative terrain in early afternoon trade. Key benchmark indices hovered in red in afternoontrade. The Sensex weakened once again after paring intraday losses in mid-afternoon trade. The markettrimmed losses after hitting fresh intraday low in late trade. S&P BSE Sensex was down 123.50 points or 0.64% to 19,283.35. The CNX Nifty was down 43.90 points or 0.74% to 5,872.40. Among the 30-share Sensex pack, 19 stocks declined while rest of them rose.STOCKS TO WATCH TCS INFOSYS MARUTI LICSCRIPS IN BAN PERIOD
  3. 3. WWW.EPICRESEARCH.CO 09752199966.EXPERT OPINIONNIFTY Nifty looks Bearish Strategy: Sell on rise Support: 5820 Resistance: 5910BANK NIFTY Bank Nifty looks Bearish Strategy: Sell on rise Support: 12480 Resistance: 12600460 .0 GAINERS AND LOOSERSPREVIOUS PERFORMANCETYPE SCRIP B/S RESULTCASH IDFC BNOTEXECUTEDCASHAUROPHARMAB TGT HITFUTURE WIPRO S TGT HITFUTURE HEXAWARE S SL TRIGERREDDAILY NIFTY GAINERSSCRIPS RATE VOL.(000)PR.CLOSENETCHANGE%CHANGEMarutiSuzuki1673.15 3505.61 1590.95 82.20 5.17BhartiAirtel318.45 7094.56 303.85 14.60 4.81BajajAuto1895.70 333.11 1838.00 57.70 3.14GAILIndia351.05 1707.16 344.40 6.65 1.93L & T 1540.85 1247.08 1519.25 21.60 1.42DAILY NIFTY LOOSERSSCRIPS RATE VOL.(000)PR.CLOSENETCHANGE%CHANGEHCL Tech. 684.25 3664.82 719.05 -34.80 -4.84JindalSteel314.95 6405.62 329.20 -14.25 -4.33RelianceIndustries792.40 4766.43 819.65 -27.25 -3.32JPAssociate75.00 19781.28 77.45 -2.45 -3.16HindustanUnilever465.05 2239.63 478.65 -13.60 -2.84
  4. 4. 6.MARKET CALLSCASHSCRIPS ACTION LEVEL 1STTARGET 2NDTARGET STOP LOSSMPHASIS BUY 377.00 379.00 381.00 375.00TATA MOTORS BUY 297.00 299.00 301.00 295.00FUTURESCRIPS ACTION LEVEL 1STTARGET 2NDTARGET STOP LOSSTATA STEEL SELL 305.50 303.50 301.50 307.50WIPRO SELL 330.00 328.00 326.00 324.00DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept anyresponsibility (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 onsources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The report does not provide individuallytailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, andencourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based onthe 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 allestimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocksrecommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any viewsexpressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading ofthe 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 anyfinancial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer tobuy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our callsor SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then SeriousLegal Actions can be taken.