DAILY-EQUITY-REPORT BY EPIC RESEARCH 30 JAN 2013

Page 1

HEADLINES -=6

 Indian Market

DAILY EQUITY NEWSLETTER

Indian equity markets were flat (-0.41%)

Nifty down by 24.90 pts and settle at 6049.90

Sensex down by 114.47 pts at 19988.88

Bank Nifty down by 53.05 pts at 12728.00

 Global Market 

European markets were down with FTSE up by 9.76 closed at 6304 ,CAC down by 5.53 closed at 3775 and DAX down by 6.33 closed at 7826.

Dow future was up 4.00 closed at 13828.00

TH

30 JANUARY 2013

 HEADLINES • Crompton Q3: Analysts expect profit to fall 1% at Rs 76 cr • Idea Cellular Q3 PAT seen up 2.25% to Rs 245 cr • Axis Bank shares gain; stake sale attracts strong demand • Govt extends date of coal mines allocation to PSUs

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 MARKET ANALYSIS:  Key benchmark indices extended intraday losses to hit fresh intraday low in late trade. The barometer index, BSE Sensex, fell below the psychological 20,000 level.  The BSE Sensex was down 116.23 points or 0.58% to 19,987.12.  S&P CNX Nifty was down 27.85 points or 0.46% to 6,046.95.  Among the 30-share Sensex pack, 23 declined while the rest of them rose  Sterlite Industries (India) fell 0.79%. Sterlite Industries (India) during market hours today, 29 January 2013, reported 30% growth in consolidated net profit to Rs 1191 crore on 4% growth in net sales to Rs 10692 crore in Q3 December 2012 over Q3 December 2011. Realty shares dropped in volatile trade. Godrej Properties (down 0.39%), Oberoi Realty (down 1.29%), Orbit Corporation (down 1.32%), Indiabulls Real Estate (down 4.61%) and Unitech (down 6.31%) edged lower. Realty major DLF fell 1.59% to Rs 262.70, with the stock reversing direction after striking a 52-week high of Rs 272.80 in intraday trade today, 29 January 2013. Shares of two-wheeler makers were mixed. Hero MotoCorp rose 0.74%. Bajaj Auto shed 2.85%. TVS Motor Company was unchanged at Rs 43.85. Yes Bank (down 2.16%), Punjab National Bank (down 1.49%), Canara Bank (down 2.23%), Bank of India (down 4.01%) and Bank of Baroda (down 2.64%) declined. India's largest private sector bank by net profit ICICI Bank rose 0.87% to Rs 1,201. Axis Bank surged 4.1% to Rs 1,473 after striking a 52-week high of Rs 1,503 in intraday trade today, 29 January 2013.

 FII’s and DII’s

STOCKS TO WATCH KARNATAKA BANK

CATEGORY

DATE

BUY

SELL

NET

AUROBINDO PHARMA

FII

29-Jan-13

4389.51

3489.68

899.83

ITC

DII

29-Jan-13

1157.83

2096.54

-938.71

AXIS BANK

SCRIPS IN BAN PERIOD

 NIFTY DAILY PIVOTS PIVOT NIFTY

R4 6274

R3 6205

R2 6136

R1 6092

PP 6067

S1 6023

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S2 5998

S3 5929

RENUKA

IFCI

PUNJLLOYD

IRB

SUZLON

RCOM

HDIL

WELCORP

S4 5860

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.

 GAINERS AND LOOSERS

EXPERT OPINION NIFTY

DAILY NIFTY GAINERS SCRIPS

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHANG

GE

E

Axis Bank

1475.45

9092.77

1412.95

62.50

4.42

JP Associate

86.40

24806.40

84.90

1.50

1.77

Coal India

347.65

2242.19

342.25

5.40

1.58

ITC

305.15

9553.81

300.75

4.40

1.46

Kotak Mah Bank

Nifty looks Consolidate

Strategy: Sell on rise

Support: 6010

Resistance: 6090 BANK NIFTY

674.70

2405.57

668.05

6.65

1.00

Bank Nifty looks Consolidate

Strategy: Sell on rise

Support: 12660

Resistance: 12800

.0

PREVIOUS PERFORMANCE SCRIP

TYPE

B/S

RESULT

B

NOT EXECUTED

S

SL TRIGERRED

DAILY NIFTY LOOSERS SCRIPS

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHAN

GE

GE

Bank of Baroda

846.65

1655.52

870.00

-23.35

-2.68

HDFC Bank

652.45

2990.44

670.35

-17.90

-2.67

Bajaj Auto

2031.85

241.74

2086.65

-54.80

-2.63

Hindalco

115.45

5062.13

118.40

-2.95

-2.49

Bharti Airtel

349.50

4479.13

357.35

-7.85

-2.20

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CASH CASH

AUROBINDO PHARMA HINDUSTAN ZINC

FUTURE

PFC

B

NOT EXECUTED

FUTURE

CANARA BANK

S

TARGET HIT

UPCOMING RESULTS 

ARVIND

INDIAINFOLINE

CHAMBAL FERT

IOB

DENA BANK

NALO

GODREJ PROP

PVR

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MARKET CALLS CASH SCRIPS

ACTION

LEVEL

1ST TARGET

2ND TARGET

STOP LOSS

ITC

BUY

305.70

307.70

310.70

303.70

KARNATAKA BANK

SELL

158.50

158.00

157.25

159.00

FUTURE SCRIPS

ACTION

LEVEL

ST

1

TARGET

ND

2

TARGET

STOP LOSS

. TATA STEEL

SELL

398.20

394.20

388.20.

402.20

AUROBINDO PHARMA

SELL

182.00

181.00

170.50

183.00

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