Daily equity-report by epic research 29 jan 2013


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Daily equity-report by epic research 29 jan 2013

  1. 1. HEADLINES -=6  Indian Market  Indian equity markets were flat.  Nifty up by 0.15 pts and settle at 6074.80  Sensex down by 0.18 pts at 20103.35  Bank Nifty up by 88.10 pts at 12781.35  Global Market DAILY EQUITY  European markets were up with FTSE NEWSLETTER up by 0.84 closed at 6285 ,CAC up by 1.80 closed at 3779 and DAX down by 29TH JANUARY 2013 2.00 closed at 7855.  Dow future was up 4.00 closed at 13816.00  HEADLINES• Bharti, Idea get relief from HC in one -time fee case• RIL hits overseas debt mkts, launches over $500m issue• State Bank of Travancore Q3 profit up 30% to Rs 132 cr• ONGC gets partners nod for $5bn Kashagan stake buy WWW.EPICRESEARCH.CO 09752199966
  2. 2.  MARKET ANALYSIS:  Key benchmark indices settled flat ahead of the Reserve Bank of India (RBI)s Third Quarter Review of Monetary Policy 2012-13 tomorrow, 29 January 2013  BSE Sensex settled almost unchanged for the day at 20,103.35. The index gained 68.92 points at the days high of 20,172.45 in early trade, its highest level since 7 January 2011.  S&P CNX Nifty also settled flat at 6,074.80. The index hit a high of 6,088.40 in intraday trade, its highest level since 22 January 2013. The index hit a low of 6,061.40 in intraday trade.  Among the 30-share Sensex pack, 15 rose while the rest of them fell.  Metal stocks were mixed. Tata Steel, Jindal Steel & Power and Hindustan Zinc fell by 0.2% to 0.97%. Sail, Bhushan Steel and Hindalco Industries rose by 0.72% to 1.72%. JSW Steel rose 0.85%. The companys profit after tax fell 19% to Rs 137 crore on 5% increase in net sales to Rs 8275 crore in Q3 December 2012 over Q3 December 2011. IT stocks gained on renewed buying. TCS gained 0.44%. TCS on 22 January 2013 said its flagship product TCS BaNCS has gone live in the United States at BNP Paribas for its custody operations. Wipro expects revenues from IT Services business at $1.585 billion to $1.625 billion in Q4 March 2013. Shares of two-wheeler makers rose on expectations of pick up in sales during the ongoing wedding season. Typically, the wedding season runs from November to February in India every year. TVS Motor Company (up 1.74%), Bajaj Auto (up 0.33%) and Hero MotoCorp (up 2.03%) edged higher STOCKS TO WATCH  FII’s and DII’s  HINDUSTAN ZINCCATEGORY DATE BUY SELL NET  CANARA BANK FII 28-Jan-13 3277.03 2493.47 783.56  PFC  AUROBINDO PHARMA DII 28-Jan-13 938.84 1803.06 -864.22 SCRIPS IN BAN PERIOD  NIFTY DAILY PIVOTS  RENUKA IFCIPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4  PUNJLLOYD IRBNIFTY 6155 6128 6101 6087 6074 6060 6047 6020 5993  SUZLON  HDIL  KTKBANK WWW.EPICRESEARCH.CO 09752199966
  3. 3. .  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: 6030 DLF 266.70 7365.73 259.75 6.95 2.68  Resistance: 6110 BANK NIFTY Tata 308.55 10597.66 301.00 7.55 2.51Motors  Bank Nifty looks Consolidate HCL 696.60 1864.97 681.05 15.55 2.28  Strategy: Sell on rise Tech. Axis  Support: 12710 1412.95 3721.61 1386.25 26.70 1.93 Bank  Resistance: 12850 Hero 1798.35 207.42 1764.90 33.45 1.90  .0MotoCor PREVIOUS PERFORMANCE TYPE SCRIP B/S RESULT DAILY NIFTY LOOSERS TGTSCRIPS RATE VOL. PR. NET % CASH DLF B ACHEIVED (000) CLOSE CHAN CHAN NOT CASH IDEA S GE GE EXECUTED JP FUTURE BHEL B BELOW COST 84.90 14700.51 86.80 -1.90 -2.19Associate Reliance CANARA NOT 529.15 3110.21 540.15 -11.00 -2.04 FUTURE S Infra BANK EXECUTED ONGC 334.95 5012.58 341.10 -6.15 -1.80 Reliance 897.55 3063.24 912.20 -14.65 -1.61Industries UPCOMING RESULTS Ultratech Cement 1886.55 224.25 1916.65 -30.10 -1.57  CENTURY L&T FINANCE  DABUR GLENMARK  IDEA UNITED PHOS  PVR WWW.EPICRESEARCH.CO 09752199966
  4. 4. MARKET CALLS CASH SCRIPS ACTION LEVEL 1ST TARGET 2ND TARGET STOP LOSS AUROBINDO BUY 191.00 192.00 193.50 190.00 PHARMA HINDUSTAN ZINC SELL 126.50 125.50 124.00 127.50 FUTURE ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS. PFC BUY 210.10 211.10 212.60 209.10 CANARA BANK SELL 480.70 476.70 470.70 484.70 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.