daily equity-report by epic research 17 april 2013

4
HEADLINES Indian Market Indian equity markets were up 2.16% Nifty up by 120.55 pts and settle at 5688.95 Sensex up by 387.13 pts at 18744.93 Bank Nifty up by 345.35 pts at 11871.60 Global Market European markets were down with FTSE down by 33.54 closed at 6310 ,CAC down by 23.93 closed at 3686 and DAX down 45.60 closed at 7667 Dow future was up by 66 closed at 14578.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 17 TH APRIL 2013 HEADLINES ONGC seeks MoEF permit for drilling new wells in KG Basin AirAsia starts hiring in India with Sept as takeoff date Union Bank hits market with USD 500m bond issue Jet Airways to dilute stake via OFS route: Sources

Post on 20-Oct-2014

284 views

Category:

Economy & Finance


2 download

DESCRIPTION

 

TRANSCRIPT

Page 1: Daily equity-report by epic research 17 april 2013

-=6 HEADLINES

Indian Market

Indian equity markets were up 2.16%

Nifty up by 120.55 pts and settle at 5688.95

Sensex up by 387.13 pts at 18744.93

Bank Nifty up by 345.35 pts at 11871.60

Global Market

European markets were down with FTSE down by 33.54 closed at 6310 ,CAC down by 23.93 closed at 3686 and DAX down 45.60 closed at 7667

Dow future was up by 66 closed at

14578.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

17TH APRIL 2013

HEADLINES

• ONGC seeks MoEF permit for drilling

new wells in KG Basin

• AirAsia starts hiring in India with Sept as

takeoff date

• Union Bank hits market with USD 500m

bond issue

• Jet Airways to dilute stake via OFS

route: Sources

Page 2: Daily equity-report by epic research 17 april 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 16-Apr-13 3095.66 2503.91 591.75

DII 16-Apr-13 792.91 997.8 -204.89

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6079 5935 5791 5739 5647 5595 5503 5359 5215

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices surged as steep drop this week in gold and oil prices eased concerns of high

current account and fiscal deficit and Monday's data showing easing of wholesale price index triggered

expectations of an interest-rate cut by the Reserve Bank of India (RBI). The barometer index, the S&P

BSE Sensex, was provisionally up 373.31 points or 2.03%, up close to 405 points from day's low and

off about 40 points from the day's high. The S&P BSE Sensex and the 50-unit CNX Nifty, both, hit

their highest level in almost two weeks. The market breadth, indicating the overall health of the

market, was positive.

Key benchmark indices reversed initial fall and moved into positive zone. Key benchmark indices

surged to strike intraday high in morning trade as Asian stocks reversed initial decline. Key benchmark

indices extended gain to strike fresh intraday high in mid-morning trade. The market moved up further

to hit fresh intraday high in early afternoon trade. The S&P BSE Sensex and the 50-unit CNX Nifty,

both, hit their highest level in over 1-1/2-week. Key benchmark indices held firm after striking fresh

intraday high in afternoon trade. The Sensex extended intraday gains to strike fresh intraday high in

mid-afternoon trade. The S&P BSE Sensex and the 50-unit CNX Nifty, both, hit their highest level in

nearly 2 weeks.

S&P BSE Sensex was up 373.31 points or 2.03% to 18,731.11. The CNX Nifty was up 116.55 points or

2.09% to 5,684.95

STOCKS TO WATCH

WOCKHARDT

BAJAJ FIN SERV

PVR

SUN PHARMA

SCRIPS IN BAN PERIOD

HDIL

Page 3: Daily equity-report by epic research 17 april 2013

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5630

Resistance: 5730

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 11800

Resistance: 11940

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH PVR B HIT TGT

CASH WOCKHRADT S SL TRIGERRED

FUTURE ALLAHBAD

BANK B HIT TGT

FUTURE APOLLO TYRE B TGT HIT

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Axis Bank

1363.3 2397.57 1294.2 69.1 5.34

IDFC 154.1 7582.02 146.6 7.5 5.12

Maruti Suzuki

1482.05 620.23 1422.9 59.15 4.16

ONGC 331.9 4763.74 319 12.9 4.04

M & M 844.85 1789.26 812.95 31.9 3.92

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Infosys 2296.25 1787.72 2339.05 -42.8 -1.83

Cairn India

288.15 2461.46 290.05 -1.9 -0.66

HCL Tech. 762.8 1834.88 764.95 -2.15 -0.28

Sesa Goa 143.4 1876.41 143.6 -0.2 -0.14

Page 4: Daily equity-report by epic research 17 april 2013

6

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

AUROBINDO PHARMA

BUY 181.00 182.00 183.00 180.00

KARNATAKA BANK BUY 145.60 146.60 147.60 144.60

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ALLAHBAD BANK BUY 133.90 134.90 135.90 132.90

ITC BUY 307.00 310.00 312.00 305.00

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.