DAILY-EQUITY-REPORT BY EPIC RESEARCH 15 APRIL 2013

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HEADLINES Indian Market Indian equity markets were down 1.62% Nifty down by 65.45 pts and settle at 5528.00 Sensex down by 299.64 pts at 18242.56 Bank Nifty up by 103.60 pts at 11410.10 Global Market European markets were down with FTSE down by 27.80 closed at 6388 ,CAC down by 28.32 closed at 3747 and DAX down 97.72 closed at 7773 Dow future was down by 32 closed at 14764.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 15 TH APRIL 2013 HEADLINES Govt will sell $5.3bn in debt quotas to foreign investors Infosys Q4 net up 3% YoY; shrs sink on poor sales, guidance Retail inflation declines to 10.39% in March Wockhardt declines over 6%

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Transcript of DAILY-EQUITY-REPORT BY EPIC RESEARCH 15 APRIL 2013

Page 1: DAILY-EQUITY-REPORT BY EPIC RESEARCH 15 APRIL 2013

-=6 HEADLINES

Indian Market

Indian equity markets were down 1.62%

Nifty down by 65.45 pts and settle at 5528.00

Sensex down by 299.64 pts at 18242.56

Bank Nifty up by 103.60 pts at 11410.10

Global Market

European markets were down with FTSE down by 27.80 closed at 6388 ,CAC down by 28.32 closed at 3747 and DAX down 97.72 closed at 7773

Dow future was down by 32 closed at

14764.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

15TH APRIL 2013

HEADLINES

• Govt will sell $5.3bn in debt quotas to

foreign investors

• Infosys Q4 net up 3% YoY; shrs sink on

poor sales, guidance

• Retail inflation declines to 10.39% in

March

• Wockhardt declines over 6%

Page 2: DAILY-EQUITY-REPORT BY EPIC RESEARCH 15 APRIL 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 12-Apr-13 2858.2 2886.79 -28.59

DII 12-Apr-13 795.91 1107.83 -311.92

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5672 5622 5572 5550 5522 5500 5472 5422 5372

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices snapped two day winning streak as Q4 earnings season started on a weak note,

with shares of IT major Infosys tumbling a staggering 22% after the company's tepid revenue growth

guidance for the year ending 31 March 2014 (FY 2014). Other IT pivotals also declined. Weakness in

European and Asian stocks also weighed on sentiment. The barometer index, the S&P BSE Sensex,

was provisionally down 317.73 points or 1.71%, off close to 115 points from the day's high and up

about 40 points from the day's low. The market breadth was negative. Index heavyweight and cigarette

maker ITC edged higher. Another index heavyweight Reliance Industries (RIL) also edged higher.

FMCG stocks gained on reports of likely normal monsoon this year.

JSW Steel jumped after Group Chief Financial Officer Seshagiri Rao said in an interview to a news

agency that the company plans to refinance loan amounting to about Rs 5500 crore with dollar debt

this year to lower interest costs

Tata Consultancy Services (TCS) fell 1.58%.

Wipro shed 4.8%. Wipro is now a company focused on the IT business following the demerger of non-

IT businesses viz. consumer care products, the infrastructure engineering business and medical

diagnostic product and services business. Following the demerger, which took effect on the bourses

this week, the non-IT business of the company will be transferred to a separate company to be called

Wipro Enterprises.

STOCKS TO WATCH

WOCKHARDT

BAJAJ FIN SERV

UNION BANK OF INDIA

SUN PHARMA

SCRIPS IN BAN PERIOD

HDIL

Page 3: DAILY-EQUITY-REPORT BY EPIC RESEARCH 15 APRIL 2013

WWW.EPICRESEARCH.CO 09752199966

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EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5480

Resistance: 5580

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 11300

Resistance: 11500

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH IOB B SL TRIGERRED

CASH OBC B SL TRIGERRED

FUTURE TCS B NOT

EXECUTED

FUTURE TECH

MAHINDRA B

NOT EXECUTED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

JP Associate

70.80 26674.92 67.45 3.35 4.97

Ambuja Cement

175.95 1314.86 170.95 5.00 2.92

ITC 292.90 8627.78 285.30 7.60 2.66

Asian Paints

4662.00 96.31 4554.65 107.35 2.36

BPCL 374.35 565.17 366.30 8.05 2.20

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Infosys 2296.65 12253.47 2916.70 -21.26 -21.26

Coal India

299.90 2308.93 305.65 -1.88 -1.88

HCL Tech. 776.10 2399.30 790.05 -1.77 -1.77

TCS 1511.75 2516.03 1536.90 -1.64 -1.64

Larsen & Toubro

1359.75 823.63 1379.60 -1.44 -1.44

Page 4: DAILY-EQUITY-REPORT BY EPIC RESEARCH 15 APRIL 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

IOB SELL 63.50 63.00 62.50 64.00

OBC SELL 232.50 230.50 228.50 234.50

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

TCS BUY 1538.00 1546.00 1554.00 1530.00

TECH MAHINDRA BUY 1001.00 1009.00 1017.00 993.00

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