daily equity-report by epic research 22 april 2013

4
HEADLINES Indian Market Indian equity markets were down 1.66% Nifty up by 94.40 pts and settle at 5783.10 Sensex up by 285.30 pts at 19016.46 Bank Nifty up by 307.20 pts at 12288.25 Global Market European markets were up with FTSE up by27.63 closed at 6271 ,CAC up by 32.11 closed at 3631 and DAX up 38.64 closed at 7541 Dow future was up by 55 closed at 14607.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 22 ND APRIL 2013 HEADLINES Will achieve our ambitious economic agenda by elections: P Chidambaram Quantitative capital controls more effective in short term: Subbarao Jet Air- Etihad deal likely this month, shares up 4% JSW Steel, Sesa Goa up after SC lifts Karnataka mining ban

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Page 1: Daily equity-report by epic research 22 april 2013

-=6 HEADLINES

Indian Market

Indian equity markets were down 1.66%

Nifty up by 94.40 pts and settle at 5783.10

Sensex up by 285.30 pts at 19016.46

Bank Nifty up by 307.20 pts at 12288.25

Global Market

European markets were up with FTSE up by27.63 closed at 6271 ,CAC up by 32.11 closed at 3631 and DAX up 38.64 closed at 7541

Dow future was up by 55 closed at

14607.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

22ND APRIL 2013

HEADLINES

• Will achieve our ambitious economic

agenda by elections: P Chidambaram

• Quantitative capital controls more

effective in short term: Subbarao

• Jet Air- Etihad deal likely this month,

shares up 4%

• JSW Steel, Sesa Goa up after SC lifts

Karnataka mining ban

Page 2: Daily equity-report by epic research 22 april 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 17-Apr-13 3714.78 3508.1 206.68

DII 17-Apr-13 1043.55 1304.48 -260.93

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6091 5978 5865 5824 5752 5711 5639 5526 5413

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices surged as gains in European markets boosted sentiment. The barometer index,

the S&P BSE Sensex, hit over two-week high above the psychological 19,000 mark in late trade. The

CNX Nifty hit its highest level in more than four weeks. The Sensex was provisionally up 255.18

points or 1.36%, up 294.73 points from the day's low and off 72.46 points from the day's high. Index

heavyweight Reliance Industries (RIL) edged higher. Another index heavyweight and cigarette major

ITC pared gains in volatile trade after striking record high. The market breadth, indicating the overall

health of the market, was positive.

Bank stocks extended recent gains triggered by expectations that the Reserve Bank of India will cut its

key policy rate viz. the repo rate to boosts growth amid slowing wholesale price inflation. IndusInd

Bank scaled a record high after the private sector bank reported strong Q4 March 2013 results. FMCG

stocks gained on reports of likely normal monsoon this year. Interest rate sensitive realty stocks edged

higher as slowing wholesale price inflation has raised rate cut expectations. Capital goods stocks

gained on renewed buying.

IT stocks fell on firm rupee. IT major TCS slipped after reporting Q4 earnings after trading hours on

Wednesday, 17 April 2013. Another IT major Wipro dropped ahead of its Q4 results tomorrow, 19

April 2013. Shares of the gold jewellery retailer Titan Industries surged on expectations that the recent

steep fall in gold price will boost sales of gold jewellery.

STOCKS TO WATCH

TCS

BIOCON

APOLLO TYRE

BHARTI AIRTEL

SCRIPS IN BAN PERIOD

Page 3: Daily equity-report by epic research 22 april 2013

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5750

Resistance: 5930

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 12200

Resistance: 12360

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH AUROBINDO

PHARMA B TGT HIT

CASH REC S TGT HIT

FUTURE ALLAHBAD

BANK B SL TRIGERRED

FUTURE ANDHRA

BANK B

NOT EXECUTED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Indusind

Bank 450.35 5512.21 419.6 30.75 7.33

IDFC 161.25 6993.9 153.9 7.35 4.78

Bharti Airtel

299.65 6084.93 286.05 13.6 4.75

Tata Motors

282.45 10750.55 271.2 11.25 4.15

Axis Bank

1429.4 2260.18 1377.2 52.2 3.79

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

NMDC 123.90 2317.32 127.00 -3.10 -2.44

HCL Tech. 736.25 2391.40 751.30 -15.05 -2.00

Grasim Industries

2818.75 36.06 2827.45 -8.70 -0.31

TCS 1452.75 4277.23 1456.65 -3.90 -0.27

Dr Reddys Lab

1906.10 184.42 1907.90 -1.80 -0.09

Page 4: Daily equity-report by epic research 22 april 2013

6

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

DISH TV BUY 70.10 70.60 71.10 69.60

VOLTAS BUY 81.50 82.50 83.50 80.50

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ALLAHBAD BANK BUY 136.50 137.50 138.50 135.50

AMBUJA BUY 139.00 140.00 141.00 138.00

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