Daily equity-report by epic research 11 jan 2013

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HEADLINES Indian Market Indian equity markets down by 0.05% Nifty up by down 2.85 pts and settle at 5968.65 Sensex down by 3.04 pts at 19663.55 Bank Nifty up by 84.25 pts at 12802.00 Global Market European markets were up with FTSE up by 7.43 closed at 6106,CAC down by 3.56 closed at 3713 and DAX up by 17.63 closed at 7738. Dow future was up 31.00 closed at 13356.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 11 TH JANUARY 2013 HEADLINES Govt to infuse Rs 12,200cr in PSU banks; will sell 10% in EIL Infosys Q3 net profit seen down 5% QoQ, USD revenue up 4% Tata Steel achieves best ever steel output in Oct-Dec qtr Tata Motors enters Rs 100k-cr club as shares surge

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Transcript of Daily equity-report by epic research 11 jan 2013

Page 1: Daily equity-report  by epic research 11 jan 2013

-=6 HEADLINES

Indian Market

Indian equity markets down by 0.05%

Nifty up by down 2.85 pts and settle at 5968.65

Sensex down by 3.04 pts at 19663.55

Bank Nifty up by 84.25 pts at 12802.00

Global Market

European markets were up with FTSE up by 7.43 closed at 6106,CAC down by 3.56 closed at 3713 and DAX up by 17.63 closed at 7738.

Dow future was up 31.00 closed at

13356.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

11TH JANUARY 2013

HEADLINES

• Govt to infuse Rs 12,200cr in PSU

banks; will sell 10% in EIL

• Infosys Q3 net profit seen down 5%

QoQ, USD revenue up 4%

• Tata Steel achieves best ever steel

output in Oct-Dec qtr

• Tata Motors enters Rs 100k-cr club as

shares surge

Page 2: Daily equity-report  by epic research 11 jan 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 10-Jan-13 3803.35 3553.85 249.5

DII 10-Jan-13 1340.33 1773.47 -433.14

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6147 6098 6031 5999 5973 5941 5915 5857 5799

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices edged lower in choppy trade on political worries after Bahujan Samaj Party

chief Mayawati today, 10 January 2013, sought a rollback of hike in passenger rail fares announced by

the government on Wednesday, 9 January 2013, and after DMK, a key constituent of the Congress led

United Progressive Alliance (UPA) alliance government at the Centre, said that it would take up the

latest railway fare increase issue with Prime Minister Dr. Manmohan Singh. The market breadth was

weak.

the BSE Sensex was down 14.15 points or 0.07% to 19,652.44

S&P CNX Nifty was down 9.95 points or 0.17% to 5,961.55.

Among the 30-share Sensex pack, 23 fell while the rest of them rose.

Shares of PSU banks were mixed after the Union Cabinet today, 10 January 2013, approved a total

infusion of Rs 12517 crore from Government of India in the form of additional equity capital in public

sector banks during the current financial year. Punjab National Bank and Bank of Baroda rose by

0.01% to 1.48%. Capital goods stocks extended recent losses. ABB, BEML, Bhel, L&T dropped by

0.27% to 2.19%. Pharma stocks declined on profit booking after recent gains. Cipla, Dr Reddy's

Laboratories, Lupin, Ranbaxy Laboratories and Sun Pharmaceutical Industries dropped by 0.06% to

1.2%.

STOCKS TO WATCH

INFOSYS

JAI PRAKASH

TATA MOTORS

ONGC

SCRIPS IN BAN PERIOD

SUZLON PUNJLLOYD

KTKBANK IBREALEST

RENUKA

IFCI

IVRCLINFRA

Page 3: Daily equity-report  by epic research 11 jan 2013

WWW.EPICRESEARCH.CO 09752199966

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EXPERT OPINION

NIFTY

Nifty looks Consolidate

Strategy: Sell on rise

Support: 5930

Resistance: 6020

BANK NIFTY

Bank Nifty looks Consolidate

Strategy: Sell on rise

Support: 12720

Resistance: 12870

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH TATA

MOTORS B

NOT EXECUTED

CASH LT S NOT

EXECUTED

FUTURE ADANI ENT S NOT

EXECUTED

FUTURE SUN

PHARMA B SL TRIGERRED

UPCOMING RESULTS

BAJAJ CORP

INFOSYS

CMC

ARTSON ENG

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

ONGC 302.25 9809.96 292.20 10.05 3.44

Tata Motors

333.70 12617.89 327.35 6.35 1.94

Bank Of Baroda

883.65 673.16 870.10 13.55 1.56

Axis Bank

1368.00 1371.87 1349.65 18.35 1.36

HDFC Bank

675.80 2282.59 667.50 8.30 1.24

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Ultratech Cement

1899.15 683.22 1962.35 -63.20 -3.22

Ambuja Cement

191.75 3741.03 197.00 -5.25 -2.66

BHEL 231.90 4174.88 236.90 -5.00 -2.11

Sesa Goa 193.30 1757.49 196.85 -3.55 -1.80

Hindalco 130.05 10305.04 132.05 -2.00 -1.51

Page 4: Daily equity-report  by epic research 11 jan 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

JAIPRAKASH ASSOCIATE

SELL 96.00 95.50 94.25 96.50

ONGC BUY 303.00 305.00 308.00 301.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

TATA MOTORS BUY 335.80 337.80 340.80 333.80

INFOSYS SELL 2316.00 2300.00 2276.00 2332.00

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