Daily equity-report by epic research 15 march 2013Document Transcript
HEADLINES -=6 Indian Market Indian equity markets were up 0.99% Nifty up by 57.75 pts and settle at 5908.95 Sensex up by 207.89 pts at 19570.44 Bank Nifty up by 243.30 pts at 12020.80 Global Market DAILY EQUITY European markets were up with FTSE NEWSLETTER up by 14.64 closed at 6496 ,CAC up by 19.39 closed at 3855 and DAX up by 15TH MARCH 2013 43.68 closed at 8014. Dow future was down 25.00 closed at 14439.00 HEADLINES• Feb WPI inflation at 6.84% vs 6.6% in Jan, rate cut seen• Sintex Industries redeems FCCBs, shares rise 2%• India growth story still credible, says RBI Governor• RIL to invest USD 27 bn in next 4 years WWW.EPICRESEARCH.CO 09752199966
MARKET ANALYSIS: Key benchmark indices snapped three-day losing streak after the latest data showed that the non-food manufacturing inflation or core inflation eased to three-year low of 3.8% in February 2013 from 4.1% in January 2013. The barometer index, the 30-share S&P BSE Sensex, was provisionally up 209 points or 1.08%, up about 390 points from the days low and off close to 35 points from the days high. Gains in world stocks underpinned sentiment on the domestic bourses. Index heavyweight Reliance Industries (RIL) extended intraday gains in late trade. Another index heavyweight ITC eked out marginal gains. BSE Sensex was up 209 points or 1.08% to 19,571.55 CNX Nifty was up 59.45 points or 1.02% to 5,910.65. Among the 30-share Sensex pack, 23 stocks rose while rest of them fell. Realty stocks edged higher on renewed buying. Sobha Developers, Unitech, HDIL and D B Realty rose by 0.01% to 6.09%.DLF gained 1.6% to Rs 285. The stock had hit 52-week high of Rs 289.20 in intraday trade Tuesday, 12 March 2013. Among state-run banks, Canara Bank, State Bank of India, Bank of India, Bank of Baroda and Punjab National Bank rose by 0.61% to 3.54%. State-run United Bank of India gained 2.25%. The bank after trading hours on Wednesday, 13 March 2013, said it has completed the allotment of 1.37 crore equity shares of the bank to the Government of India STOCKS TO WATCH FII’s and DII’s TITANCATEGORY DATE BUY SELL NET DISH TV FII 14-Mar-13 3261.11 2654 607.11 UNION BANK ALLAHBAD BANK DII 14-Mar-13 893.79 1722.98 -829.19 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS HDILPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4 PUNJLLYODNIFTY 6260 6131 6002 5955 5873 5826 5744 5615 5486 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: 5800 Sun Resistance: 5900 837.40 1062.78 827.35 10.05 1.21Pharma BANK NIFTY ITC 301.65 7471.69 298.85 2.80 0.94 Bank Nifty looks Bearish Bharti 317.30 4156.25 314.55 2.75 0.87 Airtel Strategy: Sell on rise Asian 4790.80 145.31 4752.40 38.40 0.81 Support: 11800 Paints HCL Resistance: 11940 778.60 1527.28 773.45 5.15 0.67 Tech. 460 PREVIOUS PERFORMANCE .0 DAILY NIFTY LOOSERS TYPE SCRIP B/S RESULTSCRIPS RATE VOL. PR. NET % (000) CLOSE CHAN CHAN CASH VOLTAS B SL TRIGERRED GE GE CASH IOB S TARGT HIT Hindalco 95.80 14201.07 99.45 -3.65 -3.67 FUTURE PFC S TARGT HIT ICICI 1085.70 2677.15 1123.10 -37.40 -3.33 Bank SUN Jindal FUTURE B TARGT HIT 354.10 2173.37 365.75 -11.65 -3.19 PHARMA Steel Bajaj 1895.40 458.44 1955.95 -60.55 -3.10 Auto Maruti 1374.25 328.46 1417.00 -42.75 -3.02 Suzuki WWW.EPICRESEARCH.CO 09752199966
MARKET CALLS CASH SCRIPS ACTION LEVEL 1ST TARGET 2ND TARGET STOP LOSS UNION BANK BUY 232.90 233.90 234.90 235.90 DISH TV SELL 65.10 64.60 64.10 65.60 FUTURE ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS. ALLAHBAD BANK BUY 143.00 144.00 145.00 142.00 TITAN SELL 228.00 227.00 226.00 229.00 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.