DAILY-EQUITY-REPORT BY EPIC RESEARCH 15 APRIL 2013
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Transcript of 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
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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%
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
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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
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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
6
.
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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