daily equity-report by epic research 26 april 2013
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-=6 HEADLINES
Indian Market
Indian equity markets were up 1.36%
Nifty up by 79.40 pts and settle at 5916.30
Sensex up by 227.49 pts at 19406.85
Bank Nifty up by 183.50 pts at 12726.90
Global Market
European markets were up with FTSE up by 7.84 closed at 6439 ,CAC up by 9.37 closed at 3852 and DAX up 51.71 closed at 7810
Dow future was up by 11 closed at
14626.00
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DAILY EQUITY NEWSLETTER
26TH APRIL 2013
HEADLINES
• Coal price pooling hard to put in practice:
ex-CIL CMD
• Axis Bank appoints KPMG for money
laundering inquiry
• AirAsia India files application to launch
operations
• JSW Steel plans to bid for iron ore
blocks in Karnataka
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 25-Apr-13 6226.62 4776.92 1449.7
DII 25-Apr-13 1054.58 2324.01 -1269.43
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 5982 5929 5876 5856 5823 5803 5770 5717 5664
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MARKET ANALYSIS:
Key benchmark indices gained for fourth straight session of trade as the market sentiment was boosted
by data showing that foreign funds remained net buyers of Indian stocks on Tuesday, 23 April 2013.
The barometer index, the S&P BSE Sensex settled at almost six week high. The 50-unit CNX Nifty
settled at over 6-1/2 week high. The Sensex was up 227.49 points or 1.19%, off 28 points from the
day's high and up 214.74 points from the day's low. The market breadth, indicating the overall health
of the market, was positive.
Indian stocks gained for the fourth straight day today, 25 April 2013. The Sensex has risen 675.69
points or 3.61% in four trading days from its close of 18,731.16 on 17 April 2013. The Sensex has
risen 571.08 points or 3.03% in this month so far (till 25 April 2013). The Sensex has declined 19.86
points or 0.1% in calendar 2013 so far (till 25 April 2013). From a 52-week high of 20,203.66 on 29
January 2013, the Sensex has declined 796.81 points or 3.94%. From a 52-week low of 15,748.98 on 4
June 2012, the Sensex has surged 3,657.87 points or 23.23%
Coming back to today's trade, index heavyweight Reliance Industries (RIL) edged higher in choppy
trade. Another index heavyweight and cigarette major ITC hit record high in volatile trade. Auto stocks
rose as slowing wholesale price inflation has raised rate cut expectations. Aviation stocks were in
demand. Jet Airways (India) surged nearly 10% after United Arab Emirates-based Etihad Airways on
Wednesday, 24 April 2013, agreed to pick up a 24% strategic stake in the Indian carrier at a huge
premium to the ruling market price.
STOCKS TO WATCH
TCS
INFOSYS
AXIS BANK
SUN PHARMA
SCRIPS IN BAN PERIOD
RENUKA
HDIL
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.
EXPERT OPINION
NIFTY
Nifty looks Bearish
Strategy: Sell on rise
Support: 5870
Resistance: 5960
BANK NIFTY
Bank Nifty looks Bearish
Strategy: Sell on rise
Support: 12660
Resistance: 12800
460
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH CAIRN INDIA S NOT
EXECUTED
CASH ALLAHBAD
BANK B TGT HIT
FUTURE AMBUJA B TGT HIT
FUTURE APOLLO TYRE B SL TRIGERRED
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
Dr Reddys
1992.50 1084.75 1901.50 91.00 4.79
GAIL India
344.40 1461.36 330.05 14.35 4.35
Tata Motors
293.30 9750.91 281.50 11.80 4.19
NTPC 155.25 18633.14 149.05 6.20 4.16
Axis Bank
1503.40 3878.35 1444.80 58.60 4.06
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
TCS 1402.30 3964.60 1430.55 -28.25 -1.97
DLF 242.45 6308.81 246.90 -4.45 -1.80
HCL Tech. 719.05 1995.56 732.15 -13.10 -1.79
Infosys 2227.70 1720.29 2262.25 -34.55 -1.53
JP Associate
77.45 24855.75 78.40 -0.95 -1.21
6
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
AUROBINDO PHARMA
BUY 192.00 193.00 194.00 191.00
IDFC BUY 159.20 160.20 161.20 158.20
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
HEXAWARE SELL 84.20 83.20 82.20 85.20
WIPRO SELL 334.50 332.50 330.50 336.50
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