Daily equity-report by epic research 10 april 2013

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HEADLINES Indian Market Indian equity markets were down 0.86% Nifty down by 47.85 pts and settle at 5495.10 Sensex down by 211.30 pts at 18226.48 Bank Nifty down by 83.45 pts at 10929.20 Global Market European markets were up with FTSE up by 22.73 closed at 6299 ,CAC up by 20.14 closed at 3686 and DAX up 12.86 closed at 7675 Dow future was up by 1 closed at 14564.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 10 TH APRIL 2013 HEADLINES TCS buys Alti for Euro 75m; sees deal closure by Q1-end Hearing on Sterlite copper smelter deferred until Friday NMDC may cut auction ore prices in future: Kalyani Steels Sun TV expects Q4 ad revenue growth below 20%: CFO

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Transcript of Daily equity-report by epic research 10 april 2013

Page 1: Daily equity-report by epic research 10 april 2013

-=6 HEADLINES

Indian Market

Indian equity markets were down 0.86%

Nifty down by 47.85 pts and settle at 5495.10

Sensex down by 211.30 pts at 18226.48

Bank Nifty down by 83.45 pts at 10929.20

Global Market

European markets were up with FTSE up by 22.73 closed at 6299 ,CAC up by 20.14 closed at 3686 and DAX up 12.86 closed at 7675

Dow future was up by 1 closed at

14564.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

10TH APRIL 2013

HEADLINES

• TCS buys Alti for Euro 75m; sees deal

closure by Q1-end

• Hearing on Sterlite copper smelter

deferred until Friday

• NMDC may cut auction ore prices in

future: Kalyani Steels

• Sun TV expects Q4 ad revenue growth

below 20%: CFO

Page 2: Daily equity-report by epic research 10 april 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 9-Apr-13 2080.02 2744.92 -664.9

DII 9-Apr-13 1628.17 640.36 987.81

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5876 5760 5644 5569 5528 5453 5412 5296 5180

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices slumped to hit fresh intraday low in late trade. The barometer index, the S&P

BSE Sensex, hit its lowest level in more than 29 weeks. The CNX Nifty hit its lowest level in more

than 26 weeks. The S&P BSE Sensex was provisionally down 218.98 points or 1.19%, off close to 350

points from the day's high and up about 10 points from the day's low. Index heavyweight and cigarette

maker ITC edged lower. Index heavyweight Reliance Industries (RIL) also edged lower. The market

was weak. Except BSE Auto index, all the other sectoral indices on BSE were in the red. Indian stocks

fell for the fifth straight trading session today, 9 April 2013.

IT stocks edged lower on recent weak economic data in the United States. Wipro slumped over 12% on

the first trading session of demerger of non-IT business. Tata Consultancy Services rose after the

company announced the acquisition of 100% equity shares of French IT services company -- Alti SA.

Realty stocks reversed intraday gains. Capital goods stocks edged lower on worries the ongoing

slowdown in the economy could restrict new orders.

A bout of volatility was witnessed in early trade as key benchmark indices trimmed gains after a firm

start triggered by firm Asian stocks. The market further pared intraday gains to hit fresh intraday low

in morning trade. The market regained positive zone after slipping into the red for a brief period in

mid-morning trade. The market extended intraday gains to hit fresh intraday high in early afternoon

trade. Key benchmark indices pared gains after hitting fresh intraday highs in afternoon trade. The

Sensex slumped to hit fresh intraday low in late trade.

STOCKS TO WATCH

ALLAHBAD BANK

ANDHRA BANK

TCS

MARUTI UDYOG

SCRIPS IN BAN PERIOD

HDIL

Page 3: Daily equity-report by epic research 10 april 2013

WWW.EPICRESEARCH.CO 09752199966

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EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5450

Resistance: 5540

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 10870

Resistance: 11000

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH ADANI POWER

B TARGET HIT

CASH ARVIND B TARGET HIT

FUTURE ALLAHBAD

BANK S

NOT EXECUTED

FUTURE CANARA

BANK S TARGET HIT

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Tata Motors

262.85 14601.35 256.70 6.15 2.40

Cairn India

290.50 4712.87 285.45 5.05 1.77

TCS 1497.40 836.18 1480.75 16.65 1.12

IDFC 141.80 7114.34 140.85 0.95 0.67

Jindal Steel

332.65 2824.19 330.60 2.05 0.62

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Reliance Infra

328.80 3168.69 341.60 -12.80 -3.75

ONGC 303.80 2900.61 312.85 -9.05 -2.89

Infosys 2766.35 1355.08 2831.90 -65.55 -2.31

PNB 689.65 675.66 705.65 -16.00 -2.27

SBI 1988.25 1825.29 2033.70 -45.45 -2.23

Page 4: Daily equity-report by epic research 10 april 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

PVR SELL 284.00 283.00 282.00 285.00

ANDHRA BANK SELL 91.00 90.50 90.00 91.50

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ALLAHBAD BANK SELL 123.90 122.90 121.90 124.90

ANDHRA BANK SELL 91.25 90.75 90.25 91.75

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