Daily equity-report by epic research 11 march 2013Document Transcript
HEADLINES -=6 Indian Market Indian equity markets were up 1.41% Nifty up by 82.40 pts and settle at 5945.70 Sensex up by 269.69 pts at 19683.23 Bank Nifty up by 227.00 pts at 12197.25 Global Market DAILY EQUITY European markets were up with FTSE NEWSLETTER up by 31.42 closed at 6470 ,CAC up by 37.67 closed at 3831 and DAX up by 11TH MARCH 2013 55.61 closed at 7995. Dow future was up 66.00 closed at 14382.00 HEADLINES• Jet shares surge on renewed hopes of stake sale to Etihad• India set to halt Iran oil imports over insurance: MRPL• Maruti to suspend petrol car production at Gurgaon plant• Not affected by turmoil in auto sector, says Hind Motors WWW.EPICRESEARCH.CO 09752199966
MARKET ANALYSIS: Key benchmark indices surged as upbeat Chinese exports data for February 2013 suggested increasing demand for Chinese goods and a rebound in the global economy. China is the worlds second biggest economy after the United States. The barometer index, the 30-share S&P BSE and the 50-unit CNX Nifty, both, hit their highest level in more than two weeks. The Sensex was provisionally up 252.32 points or 1.3%, off close to 40 points from the days high and up about 190 points from the days low. The market breadth was strong. Indian stocks gained for the fourth straight session today, 8 March 2013. BSE Sensex was up 252.32 points or 1.3% to 19,665.86 CNX Nifty was up 80.05 points or 1.37% to 5,943.35 Among the 30-share Sensex pack, 24 stocks rose while rest of them fell. Metal stocks edged higher as global commodity prices rose. Sterlite Industries, Hindalco Industries and Hindustan Zinc gained 0.15% to 0.33%.Among iron ore mining firms, Sesa Goa and NMDC gained by 0.27% to 1.24%.PSU Bank stocks gained after the Finance Minister on 28 February 2013 said that the government will provide Rs 14000 crore for capital infusion in public sector banks in FY 2014. State Bank of India rose 0.81%. Among other PSU bank stocks, Union Bank of India, Bank of India, Bank of Baroda and Punjab National Bank gained by 0.28% to 1.81%.Capital goods stocks extended recent gains. Bhel, Siemens, ABB and BEML rose by 0.14% to 0.71%. STOCKS TO WATCH FII’s and DII’s FEDERAL BANKCATEGORY DATE BUY SELL NET VOLTAS FII 8-Mar-13 3442.45 2158.87 1283.58 IDFC IDBI BANK DII 8-Mar-13 868.5 1705.08 -836.58 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS HDILPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4NIFTY 6133 6064 5995 5970 5926 5901 5857 5788 5719 WWW.EPICRESEARCH.CO 09752199966
. GAINERS AND LOOSERS EXPERT OPINION NIFTY DAILY NIFTY GAINERS Nifty looks BearishSCRIPS RATE VOL. PR. NET % Strategy: Sell on rise (000) CLOSE CHAN CHANG GE E Support: 5820 Jindal Resistance: 5900 367.25 514.19 347.35 19.90 5.73 Steel Adani BANK NIFTY 50.60 846.36 48.40 2.20 4.55 Power Bank Nifty looks Bearish IDFC 160.10 604.15 153.85 6.25 4.06 Strategy: Sell on rise HDFC 813.25 154.39 781.65 31.60 4.04 Support: 11900 Resistance: 12040Indusind 436.50 193.37 420.00 16.50 3.93 Bank 460 PREVIOUS PERFORMANCE .0 DAILY NIFTY LOOSERS TYPE SCRIP B/S RESULTSCRIPS RATE VOL. PR. NET % KARNATAKA SL CASH B (000) CLOSE CHAN CHAN BANK TRIGERRED GE GE NOT CASH FEDERAL BANK S EXECUTEDCrompton 96.65 417.45 99.10 -2.45 -2.47 TATA SLGreaves FUTURE B MOTORSAMBUJA TRIGERRED Rural 232.75 210.07 238.00 -5.25 -2.21 NOT Electn. FUTURE TITAN S Maruti EXECUTED 1427.70 84.40 1451.50 -23.80 -1.64 Suzuki Ambuja 187.60 98.41 190.25 -2.65 -1.39 Cement Suzlon 16.85 6411.21 17.05 -0.20 -1.17 Energy WWW.EPICRESEARCH.CO 09752199966
MARKET CALLS CASH SCRIPS ACTION LEVEL 1ST TARGET 2ND TARGET STOP LOSS IDFC BUY 160.90 161.90 163.40 159.90 PETRONET SELL 144.50 143.50 142.00 145.50 FUTURE ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS. IDBI BANK BUY 93.60 94.10 94.85 93.10 VOLTAS SELL 82.00 81.00 79.50 83.00 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 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.