DAILY-EQUITY-REPORT BY EPIC RESEARCH 22 JAN 2013

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HEADLINES  Indian Market

DAILY EQUITY NEWSLETTER

Indian equity markets up by 0.30%

Nifty up by 17.90 pts and settle at 6082.30

Sensex up by 62.78 pts at 20101.82

Bank Nifty down by 26.60 pts at 12690

 Global Market 

European markets were up with FTSE up by 12.33 closed at 6166 ,CAC up by 9.56 closed at 3751 and DAX down by 28.80 closed at 7731.

Dow future was up 1.00 closed at 13,577.00

22ND JANUARY 2013

 HEADLINES • Reliance Communications surges on CLSA report on 'inevitability' of deal with RIL • Led by RIL, Sensex scales fresh 2-year high • Five reasons why SBI may outperform Bank Nifty in 2013

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 MARKET ANALYSIS:  Key benchmark indices edged higher in choppy trade after the government on Thursday, 17 January 2013, allowed PSU OMCs to increase diesel prices by a small margin from time to time, a decision aimed at reducing the government's oil subsidy burden and fiscal deficit and improve the government's finances. Data showing recovery in China's economy in Q4 December 2012 also boosted sentiment as Indian stocks advanced for the second day in a row today, 18 January 2013. China is the world's second biggest economy after the United States.  BSE Sensex was up 52.14 points or 0.26% to 20,016.17.  S&P CNX Nifty was up 19.10 points or 0.32% to 6,058.30  Among the 30-share Sensex pack, 16 gained while the rest of them fell  HDFC Bank fell 0.44% to Rs 663.95 as the bank's gross NPA ratio rose on sequential basis. Wipro slumped 7.68%. Wipro expects revenues from IT Services business at $1.585 billion to $1.625 billion in Q4 March 2013. Metal stocks were mostly lower. Sterlite Industries, Jindal Steel & Power, Tata Steel and Sail shed by 1.03% to 2.47%. Hero MotoCorp slumped 2.67% on weak Q3 results. Mahindra & Mahindra Financial Services lost 1.53%. The company's consolidated net profit jumped 35.71% to Rs 216.20 crore on 37.83% growth in total income to Rs 1062.03 crore in Q3 December 2012 over Q3 December 2011.

 FII’s and DII’s

STOCKS TO WATCH APOLLO TYRE

CATEGORY

DATE

BUY

SELL

NET

ADANI ENT

FII

21-Jan-13

3434.62

2591.66

842.96

IDEA

DII

21-Jan-13

1014.43

1904.6

-890.17

TATA MOTORS

SCRIPS IN BAN PERIOD

 NIFTY DAILY PIVOTS PIVOT NIFTY

R4 6202

R3 6165

R2 6128

R1 6112

PP 6091

S1 6075

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S2 6054

S3 6017

HDIL

PANTALOON

IVRCLINFRA

PUNJLLOYD

SUZLON

S4 5980

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.

 GAINERS AND LOOSERS

EXPERT OPINION NIFTY

DAILY NIFTY GAINERS SCRIPS

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHANG

GE

E

Reliance infra

548.5

2113.75

527.3

21.2

4.02

BHEL

232.0 5

5777.64

226.45

5.6

2.47

Reliance Industries

919.9 5

10047.91

900.2

19.75

2.19

Larsen & Toubro

1567. 35

890.17

1537.2

30.15

1.96

Bharti Airtel

355.5 5

5147

Nifty looks Consolidate

Strategy: Sell on rise

Support: 6080

Resistance: 6130 BANK NIFTY

348.85

6.7

1.92

Bank Nifty looks Consolidate

Strategy: Sell on rise

Support: 122630

Resistance: 12820

.0

PREVIOUS PERFORMANCE TYPE

SCRIP

B/S

RESULT

CASH

POWER GRID

S

CASH

TATA POWER

B

FUTURE

SESA GOA

S

SL TRIGERRED

FUTURE

CANARA BANK

B

NOT EXECUTED

DAILY NIFTY LOOSERS SCRIPS

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHAN

GE

GE

DLF

256.35

5780.17

262.7

-6.35

-2.42

NTPC

161.6

4929.43

164.5

-2.9

-1.76

699.85

1538.95

712.05

-12.2

-1.71

323.25

3868.41

328.55

-5.3

-1.61

1330

630.02

1351

-21

-1.55

Sun Pharma Inds. Tata Motors TCS

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NOT EXECUTED NOT EXECUTED

UPCOMING RESULTS 

WELSPUN

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MARKET CALLS CASH SCRIPS

ACTION

LEVEL

ST

1

TARGET

ND

2

TARGET

STOP LOSS

APOLLO TYRE

SELL

87.00

86.50

85.75

87.50

IDEA

BUY

117.50

118.00

118.75

117.00

FUTURE SCRIPS

ACTION

LEVEL

ST

1

TARGET

ND

2

TARGET

STOP LOSS

. ADANI ENT

SELL

267.00

265.00

262.00

270.00

TATA MOTORS

BUY

330.50

332.50

335.50

328.50

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