Daily equity-report

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HEADLINES Indian Market Indian equity markets down by 1.19%. Nifty down by 67.30 pts and settle at 5597.90 Sensex down by 204.97 pts at 18430.85. Bank Nifty down by 269.15 pts at 11203.00 Global Market European markets were down with FTSE up by 44.47 pts at 5839.57,CAC up by 35.12 pts at 3444.01 and DAX up by 67.78 pts at 7270.94 Dow future down by 25.00 pts at 130.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 31 ST OCTOBER 2012 HEADLINES Maruti meets forecast, Q2 net down 5.6% to Rs 227 cr Dr Reddy's beats street; Q2 net profit up 32% at Rs 407cr RBI Q2 monetary policy review: CRR cut by 25 bps to 4.25%, key rate unchanged Kingfisher revival plan: Mallya meets Civil Aviation Secy

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Transcript of Daily equity-report

Page 1: Daily equity-report

HEADLINES

Indian Market

Indian equity markets down by 1.19%.

Nifty down by 67.30 pts and settle at 5597.90

Sensex down by 204.97 pts at 18430.85.

Bank Nifty down by 269.15 pts at 11203.00

Global Market

European markets were down with FTSE up by 44.47 pts at 5839.57,CAC up by 35.12 pts at 3444.01 and DAX up by 67.78 pts at 7270.94

Dow future down by 25.00 pts at 130.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

31ST OCTOBER 2012

HEADLINES

• Maruti meets forecast, Q2 net down

5.6% to Rs 227 cr

• Dr Reddy's beats street; Q2 net profit up

32% at Rs 407cr

• RBI Q2 monetary policy review: CRR cut

by 25 bps to 4.25%, key rate unchanged

• Kingfisher revival plan: Mallya meets

Civil Aviation Secy

Page 2: Daily equity-report

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 30-Oct-12 1448.83 1640.36 -191.53

DII 30-Oct-12 1265.79 1297.63 -31.84

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5925 5825 5725 5661 5625 5561 5525 5425 5325

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices slumped as the Reserve Bank of India (RBI) kept its key policy rate viz. the

repo rate unchanged at 8% after Second Quarter Review of Monetary Policy 2012-13, citing high

inflation, even as the central bank further cut its GDP growth forecast for 2012-13.

BSE Sensex was down 238.38 points or 1.28% to 18,397.54.

The S&P CNX Nifty was down 73.40 points or 1.3% to 5,592.20.

From the 30-share Sensex pack, 23 stocks fell while the rest of them rose

Car major Maruti Suzuki India gained 1.2%. The company today, 30 October 2012, said its net profit

declined 5.4% to Rs 227.50 crore on 8.5% growth in net sales to Rs 8070.10 crore in Q2 September

2012 over Q2 September 2011. Colgate-Palmolive (India) jumped 4.4% to Rs 1,288 on strong Q2

results. The stock hit record high of Rs 1,289.35 in intraday today, 30 October 2012. Grasim Industries

fell 2.52%. The company after trading hours on Monday, 29 October 2012, said its consolidated net

profit jumped 48% to Rs 620 crore on 15% growth in revenue to Rs 5755 crore in Q2 September 2012

over Q2 September 2011.

STOCKS TO WATCH

CENTRAL BANK

CROMTON GREAVES

20 MICRONS

VOLTAS

SCRIPS IN BAN PERIOD

WELCORP

SUZLON

Page 3: Daily equity-report

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09752199966

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EXPERT OPINION

NIFTY

Nifty looks Sideways

Strategy: Sell on rise

Support:5560

Resistance: 5640

BANK NIFTY

Bank Nifty looks Sideways

Strategy: Sell on rise

Support:11130

Resistance:11270

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH UFLEX S TGT ACHIEVED

CASH APOLLO

TYRE B

TGT ACHIEVED

FUTURE PFC B ABOVE COST

FUTURE CROMTON GREAVES

S TGT ACHIEVED

UPCOMING RESULTS

APTECH

BATA INDIA

FINANCIAL TECHNOLOGIES

ORACLE FINANC

TVS MOTORS

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Maruti Suzuki

1390.80 1697.58 1362.20 28.60 2.10

Dr Reddys

Lab 1724.30 652.62 1697.70 26.60 1.57

IDFC 160.00 12847.20 158.35 1.65 1.04

Infosys 2358.35 716.03 2335.50 22.85 0.98

BHEL 228.80 8386.23 226.90 1.90 0.84

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHA

NGE

Bank Of Baroda

718.50 1527.12 754.25 -35.75 -4.74

SBI 2074.30 4598.14 2167.70 -93.40 -4.31

JP Associate

86.30 18173.65 89.75 -3.45 -3.84

Tata Motors

247.65 9560.95 256.75 -9.10 -3.54

PNB 728.85 1948.76 755.35 -26.50 -3.51

Page 4: Daily equity-report

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

20 MICRONS BUY 114.40 115.75 117.00 113.05

CENTRAL BANK SELL 68.80 68.10 67.20 69.50

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

VOLTAS BUY 110.90 111.90 113.40 109.90

CROMTON GREAVES SELL 120.90 119.90 118.40 122.40

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