HEADLINES -=6 Indian Market Indian equity markets up by 0.42% Nifty up by 25.20 pts and settle at 6064.40 Sensex up by 75.01 pts at 20039.00 Bank Nifty up by 30.40 pts at 12680.00 Global Market DAILY EQUITY European markets were up with FTSE NEWSLETTER up by 26.98 closed at 6159 ,CAC up by 9.81 closed at 3753 and DAX down by 21ST JANUARY 2013 2.03 closed at 7733. Dow future was down 6.00 closed at 13548.00 HEADLINES• HDFC Bank Q3 profit up 30%, challenge lies ahead• Q4 to be challenging, cant meet margin guidance: Exide• ITC beats street with Q3 net profit of Rs 2,052 cr, up 21%• M&M Financial Q3 profit rises 36% to Rs 216 cr, stock down WWW.EPICRESEARCH.CO 09752199966
MARKET ANALYSIS: Key benchmark indices edged higher in choppy trade after the government on Thursday, 17 January 2013, allowed PSU OMCs to increase diesel prices by a small margin from time to time, a decision aimed at reducing the governments oil subsidy burden and fiscal deficit and improve the governments finances. Data showing recovery in Chinas economy in Q4 December 2012 also boosted sentiment as Indian stocks advanced for the second day in a row today, 18 January 2013. China is the worlds second biggest economy after the United States. BSE Sensex was up 52.14 points or 0.26% to 20,016.17. S&P CNX Nifty was up 19.10 points or 0.32% to 6,058.30 Among the 30-share Sensex pack, 16 gained while the rest of them fell HDFC Bank fell 0.44% to Rs 663.95 as the banks gross NPA ratio rose on sequential basis. Wipro slumped 7.68%. Wipro expects revenues from IT Services business at $1.585 billion to $1.625 billion in Q4 March 2013. Metal stocks were mostly lower. Sterlite Industries, Jindal Steel & Power, Tata Steel and Sail shed by 1.03% to 2.47%. Hero MotoCorp slumped 2.67% on weak Q3 results. Mahindra & Mahindra Financial Services lost 1.53%. The companys consolidated net profit jumped 35.71% to Rs 216.20 crore on 37.83% growth in total income to Rs 1062.03 crore in Q3 December 2012 over Q3 December 2011. STOCKS TO WATCH FII’s and DII’s APOLLO TYRECATEGORY DATE BUY SELL NET ADANI ENT FII 18-Jan-13 4327.82 3162.13 1165.69 IDEA TATA MOTORS DII 18-Jan-13 1664.39 2632 -967.61 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS SUZLONPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4 PUNJLLOYDNIFTY 6170 6135 6100 6082 6065 6047 6030 5995 5960 IVRCLINFRA HDIL WWW.EPICRESEARCH.CO 09752199966
. GAINERS AND LOOSERS EXPERT OPINION NIFTY DAILY NIFTY GAINERS Nifty looks ConsolidateSCRIPS RATE VOL. PR. NET % Strategy: Sell on rise (000) CLOSE CHAN CHANG GE E Support: 6020 BPCL 434.95 9101.91 396.15 38.80 9.79 Resistance: 6100 BANK NIFTY ONGC 337.70 23739.13 314.45 23.25 7.39 Bank Nifty looks Consolidate NTPC 164.50 5786.29 157.10 7.40 4.71 Strategy: Sell on rise Maruti Support: 12610 1547.45 1741.93 1494.10 53.35 3.57 Suzuki Resistance: 12750Bank Of 884.65 1037.47 867.00 17.65 2.04 .0Baroda PREVIOUS PERFORMANCE TYPE SCRIP B/S RESULT DAILY NIFTY LOOSERS NOTSCRIPS RATE VOL. PR. NET % CASH POWER GRID S EXECUTED (000) CLOSE CHAN CHAN TATA NOT CASH B GE GE POWER EXECUTED FUTURE SESA GOA S SL TRIGERRED Wipro 397.35 8013.52 430.70 -33.35 -7.74 Hero CANARA NOT 1764.10 1406.38 1818.70 -54.60 -3.00 FUTURE BMotoCorp BANK EXECUTED Dr 1891.15 357.50 1938.50 -47.35 -2.44 Reddys Jindal 422.85 1157.21 431.65 -8.80 -2.04 Steel UPCOMING RESULTSHindustan 490.40 3953.99 500.55 -10.15 -2.03 DB CORPUnilever HDFC JUBILANT IND WELSPUN WWW.EPICRESEARCH.CO 09752199966
MARKET CALLS CASH SCRIPS ACTION LEVEL 1ST TARGET 2ND TARGET STOP LOSS APOLLO TYRE SELL 87.00 86.50 85.75 87.50 IDEA BUY 117.50 118.00 118.75 117.00 FUTURE ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS. ADANI ENT SELL 267.00 265.00 262.00 270.00 TATA MOTORS BUY 330.50 332.50 335.50 328.50 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.