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Daily equity-report by epic research 3 may 2013


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Daily equity-report by epic research 3 may 2013

  1. 1. -=6HEADLINES Indian Market Indian equity markets were up 1.17% Nifty up by 69.15 pts and settle at5999.35 Sensex up by 231.59 pts at 19735.77 Bank Nifty up by 148.45 pts at 12710.00 Global Market European markets were down with FTSEdown by 9.95 closed at 6441 ,CAC downby 10.43 closed at 3846 and DAX up25.02 closed at 7938Dow future was up by 23 closed at14659.00WWW.EPICRESEARCH.CO 09752199966DAILY EQUITYNEWSLETTER3RDMAY 2013 HEADLINES• Bharti Airtel Q4 disappoints, net up 79%to Rs 509 cr• Maruti, TVS, Tata Motor slip as Aprilsales stay sluggish• Excise duty hike on SUVs to stay, M&Mto overhaul portfolio• Working to save small investors fromponzi scheme: UK Sinha
  2. 2.  FII’s and DII’sCATEGORY DATE BUY SELL NETFII 30-Apr-13 3692.7 2815.77 876.93DII 30-Apr-13 1119.32 1466.49 -347.17 NIFTY DAILY PIVOTSPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4NIFTY 6303 6194 6085 6042 5976 5933 5867 5758 5649WWW.EPICRESEARCH.CO 09752199966MARKET ANALYSIS: Key benchmark indices edged higher as index heavyweights ITC and Reliance Industries (RIL) rose.The barometer index, the S&P BSE Sensex, was provisionally up 229.58 points or 1.18%, up close to280 points from the days low and off about 60 points from the days high. The market breadth,indicating the overall health of the market, was positive. Indian stocks gained for the third straight daytoday, 2 May 2013. Interest rate sensitive banking and realty stocks rose on expectations that the Reserve Bank of India willcut its key policy rate viz. the repo rate in its monetary policy review tomorrow, 3 May 2013 to boosteconomic growth amid slowing wholesale price inflation. Kotak Mahindra Bank rose on strong Q4results. Reliance Anil Dhirubhai Ambani (ADA) Group shares surged. The market moved into the positive terrain after opening lower. The Sensex extended initial gains to hitfresh intraday high in morning trade. The market strengthened further to hit fresh intraday high in mid-morning trade. The uptrend on the bourses continued as key benchmark indices hit fresh intraday highin early afternoon trade. Key benchmark indices hit fresh intraday high in afternoon trade. The Sensexhit its highest level in more than 12 weeks. The 50-unit CNX Nifty hit its highest level in more than 12weeks above the psychological 6,000 mark. The market held firm in mid-afternoon trade. The markettrimmed intraday gains in late trade.STOCKS TO WATCH BAJAJ AUTO CAIRN INDIA TCS INFOSYSSCRIPS IN BAN PERIOD
  3. 3. WWW.EPICRESEARCH.CO 09752199966.EXPERT OPINIONNIFTY Nifty looks Bearish Strategy: Sell on rise Support: 5950 Resistance: 6030BANK NIFTY Bank Nifty looks Bearish Strategy: Sell on rise Support: 12650 Resistance: 12770460 .0 GAINERS AND LOOSERSPREVIOUS PERFORMANCETYPE SCRIP B/S RESULTCASH AMBUJA B TGT HITCASH IDBI B TGT HITFUTURE HCL B TGT HITFUTUREKARNATAKABANKB TGT HITDAILY NIFTY GAINERSSCRIPS RATE VOL.(000)PR.CLOSENETCHANGE%CHANGEHUL 583.80 19185.54 497.35 86.45 17.38HCL 721.40 1846.74 700.80 20.60 2.94M & M 924.10 1240.92 902.20 21.90 2.43Lupin 702.60 588.63 686.60 16.00 2.33SesaGoa158.75 2624.07 155.20 3.55 2.29DAILY NIFTY LOOSERSSCRIPS RATE VOL.(000)PR.CLOSENETCHANGE%CHANGEIDFC 152.95 5352.15 156.85 -3.9 -2.49JPAssociate75.25 18956.03 77.05 -1.8 -2.34PNB 767.9 547.29 784.8 -16.9 -2.15IndusindBank467.75 1179.4 477.7 -9.95 -2.08HDFC 847.6 2710.73 864.2 -16.6 -1.92
  4. 4. 6.MARKET CALLSCASHSCRIPS ACTION LEVEL 1STTARGET 2NDTARGET STOP LOSSAMBUJA BUY 187.00 188.00 189.00 186.00IDBI BUY 89.00 90.00 91.00 88.00FUTURESCRIPS ACTION LEVEL 1STTARGET 2NDTARGET STOP LOSSHCL BUY 723.00 729.00 735.00 715.00KARNATAKA BANK BUY 150.00 151.00 152.00 149.00DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept anyresponsibility (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 onsources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The report does not provide individuallytailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, andencourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based onthe 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 allestimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocksrecommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any viewsexpressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading ofthe 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 anyfinancial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer tobuy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our callsor SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then SeriousLegal Actions can be taken.