DAILY FOREX REPORT BY EPIC RESEARCH- 1 NOVEMBER 2012
HEADLINES Indian Market Indian equity markets up by 0.39%. Nifty up by 21.80 pts and settle at 5619.70 Sensex up by 74.53 pts at 18505.38. Bank Nifty up by 65.80 pts at 11268.80 Global Market DAILY EQUITY European markets were down with FTSE NEWSLETTER down by 8.84 pts at 5841.06,CAC up by 13.23 pts at 3472.67 and DAX up by 1ST NOVEMBER 2012 46.95 pts at 7331.35 Dow future up by 52.00 pts at 13106.00 HEADLINES• Slow sales drag TVS Motor Q2 net down 41% to Rs 45 cr• LIC Housing Fin net up 147% to Rs 243 on lower provisions• Cairn India declares maiden dividend• NHPC Q2 net profit falls 19% to Rs 783 cr WWW.EPICRESEARCH.CO 09752199966
MARKET ANALYSIS: Key benchmark indices edged higher on speculation that the US Federal Reserve would maintain monetary stimulus to help the US economy recover from the super storm Sandy. the BSE Sensex was up 67.75 points or 0.37% to 18,498.60. The S&P CNX Nifty was up 16.85 points, or 0.3% at 5,614.85, as per provisional figures. From the 30-share Sensex pack, 20 stocks rose while the rest of them fell. NHPC rose 0.47%, with the stock reversing initial losses. The companys net profit fell 18.94% to Rs 783.38 crore on 6.92% fall in total income to Rs 2013.02 crore in Q2 September 2012 over Q2 September 2011. LIC Housing Finance said that the company has recorded a healthy growth in business during the second quarter ended September 2012. Indias largest commercial vehicle maker by sales Tata Motors rose 2.79%. The companys global sales declined 4% to 1.03 lakh units in September 2012 over September 2011. STOCKS TO WATCH FII’s and DII’s APOLLO TYRECATEGORY DATE BUY SELL NET AMBUJA FII 31-Oct-12 2194.02 1945.54 248.48 JP ASSOCIATE HAVELLS DII 31-Oct-12 1038.05 1135.9 -97.85 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS WELCORPPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4NIFTY 5731 5690 5649 5634 5608 5593 5567 5526 5485 SUZLON WWW.EPICRESEARCH.CO 09752199966
. -GAINERS AND LOOSERS EXPERT OPINION NIFTY DAILY NIFTY GAINERS Nifty looks SidewaysSCRIPS RATE VOL. PR. NET % Strategy: Buy on dips (000) CLOSE CHAN CHANG GE E Support:5580 116.55 7009.45 110.90 5.65 5.09 Resistance: 5660Hindalco Maruti BANK NIFTY 1437.90 2341.09 1390.80 47.10 3.39 Suzuki Bank Nifty looks Sideways Tata 254.75 9123.00 247.65 7.10 2.87Motors Strategy: Buy on dips Sesa Goa 171.15 1543.02 166.90 4.25 2.55 Support:11200 Cipla 363.30 1203.38 354.65 8.65 2.44 Resistance:11340 PREVIOUS PERFORMANCE TYPE SCRIP B/S RESULT DAILY NIFTY LOOSERS TGT CASH 20 MICRONS BSCRIPS RATE VOL. PR. NET % ACHIEVED CENTRAL (000) CLOSE CHAN CHA CASH S ABOVE COST BANK GE NGE TGT FUTURE VOLTAS B Reliance ACHIEVED 469.50 2292.97 481.25 -11.75 -2.44 Infra CROMTON FUTURE S ABOVE COST GAIL India 348.90 811.68 355.60 -6.70 -1.88 GREAVES BHEL 224.80 2373.05 228.80 -4.00 -1.75 UPCOMING RESULTS ONGC 268.50 4890.86 273.00 -4.50 -1.65 NETWORK 18Ultratech 1996.20 105.83 2012.95 -16.75 -0.83 GLAXO SMITH Cement V GUARD HEXAWARE BGR ENERGY 09752199966
MARKET CALLS CASH ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS APOLLO TYRE SELL 85.50 84.70 83.80 86.30 JP ASSOCIATE BUY 87.50 88.30 89.30 86.50 FUTURE ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS. HAVELLS BUY 584.50 588.50 593.50 580.50 AMBUJA SELL 203.60 202.60 201.10 204.60 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, togethe r 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.