DAILY-EQUITY-REPORT BY EPIC RESEARCH 24 JAN 2013

Page 1

HEADLINES -=6

 Indian Market

DAILY EQUITY NEWSLETTER

Indian equity markets down by 0.03%

Nifty up by 6.00 pts and settle at 6054.00

Sensex up by 54.00 pts at 20026.00

Bank Nifty up by 120.00 pts at 12728.00

 Global Market 

European markets were up with FTSE up by 18.47 closed at 6196 ,CAC down by 14.84 closed at 3726 and DAX up by 11.33 closed at 7707.

Dow future was down 4.00 closed at 13715.00

24TH JANUARY 2013

 HEADLINES • Bharti group to expand in Africa: Sunil Mittal • Imported coal price, Barmer plant boost Q3: JSW Energy • Tata Motors tumbles on JLR margin warning • Bharti Airtel raises call prices, rivals seen following

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 MARKET ANALYSIS:  Key benchmark indices eked out small gains in a volatile session of trade as European stocks edged higher ahead of a vote to increase the US debt ceiling.  BSE Sensex advanced 45.04 points or 0.23% to settle at 20,026.61.  S&P CNX Nifty advanced 5.80 points or 0.1% to 6,054.30.  Among the 30-share Sensex pack, 16 rose while the rest of them fell.  PSU OMCs fell as US crude oil futures rose on speculation that the United States will lift its debt limit. BPCL (down 1.87%), HPCL (down 1.54%) and Indian Oil Corporation (down 2.27%), edged lower. HUL's decision increase the rate of royalty to the parent firm weighed on other MNC FMCG stocks. Nestle India, Colgate-Palmolive (India) and Procter & Gamble Hygiene and Health Care dropped 2.8% to 4.2%.IT stocks were mixed. TCS declined 0.35%.Wipro expects revenues from IT Services business at $1.585 billion to $1.625 billion in Q4 March 2013. Polaris Financial Technology lost 6.85% after consolidated net profit fell 26.24% to Rs 40.66 crore on 4.37% decline in net sales to Rs 572.88 crore in Q3 December 2012 over Q2 September 2012. Metal stocks edged lower. Sterlite Industries (India) (down 0.09%), JSW Steel (down 0.41%), Jindal Steel & Power (down 0.52%), Sail (down 0.99%), Hindalco Industries (down 2.93%) and Hindustan Zinc (down 1.46%) declined. Larsen & Toubro rose 0.69% to Rs 1,562.95 ahead of its Q3 December 2012 results tomorrow, 24 January 2013.

 FII’s and DII’s

STOCKS TO WATCH VOLTAS

CATEGORY

DATE

BUY

SELL

NET

UFLEX

FII

23-Jan-13

3525.59

2722.97

802.62

LOVABLE

DII

23-Jan-13

952.28

1804.61

-852.33

TATA MOTORS

SCRIPS IN BAN PERIOD

 NIFTY DAILY PIVOTS PIVOT NIFTY

R4 6203

R3 6145

R2 6087

R1 6052

PP 6029

S1 5994

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S2 5971

S3 5913

RENUKA

PUNJLLOYD

SUZLON

HDIL

KTKBANK

S4 5885

IBREALEST

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.

 GAINERS AND LOOSERS

EXPERT OPINION NIFTY

DAILY NIFTY GAINERS SCRIPS

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHANG

GE

E

ONGC

338.05

6154.81

333.20

4.85

1.46

TCS

1330.00

505.16

1311.95

18.05

1.38

Nifty looks Consolidate

Strategy: Sell on rise

Support: 6010

Resistance: 6090 BANK NIFTY

HUL

465.75

1105.47

460.05

5.70

1.24

ITC

296.00

4466.78

292.75

3.25

1.11

Wipro

405.40

679.68

401.75

3.65

0.91

Bank Nifty looks Consolidate

Strategy: Sell on rise

Support: 12650

Resistance: 12790

.0

PREVIOUS PERFORMANCE TYPE

SCRIP

B/S

RESULT

CASH

JET AIRWYS

B

CASH

ABAN

B

FUTURE

PFC

B

NOT EXECUTED

FUTURE

JP ASSOCIATE

B

TGT ACHEIVED

DAILY NIFTY LOOSERS SCRIPS

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHAN

GE

GE

Tata Motors

288.65

20639.12

313.05

-24.40

-7.79

JP Associate

83.85

10725.81

87.70

-3.85

-4.39

GAIL India

352.95

1180.44

365.95

-13.00

-3.55

IDFC

166.70

1681.05

171.75

-5.05

-2.94

M &M

859.80

384.61

881.95

-22.15

-2.51

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TGT ACHEIVED TGT ACHEIVED

UPCOMING RESULTS 

ANDHRA BANK

ASHOK LEYLAND

BIOCON

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MARKET CALLS CASH SCRIPS

ACTION

LEVEL

1ST TARGET

2ND TARGET

STOP LOSS

MCLEOD

BUY

349.00

352.00

355.00

346.00

BHARTI AIRTEL

BUY

368.00

371.00

374.00

365.00

FUTURE SCRIPS

ACTION

LEVEL

ST

1

TARGET

ND

2

TARGET

STOP LOSS

. JP ASSOCIATE

SELL

87.00

86.25

85.50

87.75

ADANI ENT

SELL

268.00

266.50

265.00

269.50

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