DAILY-EQUITY-REPORT BY EPIC RESEARCH 24 DEC 2012

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HEADLINES  Indian Market Indian equity markets down by 1.16% Nifty down by 68.70 pts and settle at 5847.70 Sensex down by 211.92 pts at 19242.00 Bank Nifty down by 171.45 pts at 12315.05

DAILY EQUITY NEWSLETTER TH

24 DECEMBER 2012

 HEADLINES

 Global Market European markets were down with FTSE down by 43.07 pts at 5915.27 ,CAC down by 17.08 pts 3649.65 and DAX down by 51.00 pts at 7621.10 Dow future down by 162.00 pts at 13160.00

• Chargesheet filed in spectrum allocation case in NDA regime • S&P expects India's economic growth at 6.5% in 2013 • Cairn may revise production guidance; stock at 52-week low • RIL to restart crude unit in 1-2 days after fire

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 MARKET ANALYSIS:  Key benchmark indices extended losses to hit fresh intraday low in late trade as stocks fell across the globe after US House Republican leaders on Thursday, 20 December 2012, abruptly canceled a vote on a tax-cut bill, sparking fears that the parties remain far apart on a compromise budget deal. United States is the world's biggest economy.  The BSE Sensex was down 216.59 points or 1.11% to 19,237.33.  The S&P CNX Nifty was down 70.65 points or 1.19% to 5,845.75.  From the 30-share Sensex pack, 28 stocks declined while only two of them gained.  ONGC declined 1.15%. Index heavyweight and cigarette maker ITC rose 0.59% to Rs 289.40 on defensive buying. Aviation stocks edged lower for the second straight day. Jet Airways (India) (down 7.28%), Spicejet (down 4.96%) and Kingfisher Airlines (down 0.84%), edged lower. Realty stocks edged lower. Unitech, HDIL, D B Realty and Sobha Developers fell by between 2.77% to 6.62%. Small car maker Maruti Suzuki India declined 1.05% to Rs 1501.

 FII’s and DII’s

STOCKS TO WATCH INFOSYS

CATEGORY

DATE

BUY

SELL

NET

IRB

FII

41264.00

2691.09

2575.74

115.35

JP ASSOCIATE

DII

41264.00

1426.05

1167.84

258.21

HEXAWARE

SCRIPS IN BAN PERIOD

 NIFTY DAILY PIVOTS PIVOT NIFTY

R4 5999

R3 5952

R2 5905

R1 5876

PP 5858

S1 5829

WWW.EPICRESEARCH.CO

S2 5811

S3 5764

WELCORP

HDIL

SUZLON

IBREALEST

PUNJLLOYD

RENUKA

KTKBANK

S4 5717

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.

 GAINERS AND LOOSERS

EXPERT OPINION NIFTY

DAILY NIFTY GAINERS SCRIPS

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHANG

GE

E

TCS

1258.70

1228.98

1252.05

6.65

0.53

Axis Bank

1321.25

1682.50

1318.60

2.65

0.20

JP Associate IDFC Jindal Steel & Power Bharti Airtel DLF

Nifty looks Consolidate

Strategy: Sell on rise

Support: 5810

Resistance: 5890 BANK NIFTY

DAILY NIFTY LOOSERS SCRIPS

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHAN

GE

GE

96.70

16161.02

101.30

-4.60

-4.54

169.00

4834.97

175.30

-6.30

-3.59

454.55

3224.33

470.80

-16.25

-3.45

307.35

3412.99

316.90

-9.55

-3.01

219.45

8129.24

225.90

-6.45

-2.86

Bank Nifty looks Consolidate

Strategy: Sell on rise

Support: 12250

Resistance: 12390

.0

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PREVIOUS PERFORMANCE TYPE

SCRIP

B/S

RESULT

CASH

JINDAL STEEL

B

CASH

IRBI INFRA

S

FUTURE

ARVIND

S

TGT ACHEIVED

FUTURE

ANDHRA BANK

B

NOT EXECUTED

NOT EXECUTED TGT ACHEIVED


MARKET CALLS CASH SCRIPS

ACTION

LEVEL

1

ST

TARGET

2

ND

TARGET

STOP LOSS

ARVIND

SELL

93.00

92.20

91.00

93.80

ZEE ENTERTAINMENT

BUY

244.00

246.00

249.00

242.00

FUTURE SCRIPS

ACTION

LEVEL

1

ST

TARGET

2

ND

TARGET

STOP LOSS

. DLF

SELL

219.50

217.50

214.50

222.50

REC

BUY

244.00

246.00

249.00

242.00

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