Daily equity-report by epic research 15 jan 2013

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HEADLINES Indian Market Indian equity markets up by 1.20% Nifty up by 71.25 pts and settle at 6024.05 Sensex up by 242.77 pts at 19906.41 Bank Nifty up by 136.25 pts at 12758.75 Global Market European markets were down with FTSE up by 9.72 closed at 6131,CAC up by 22.18 closed at 3728 and DAX up by 59.29 closed at 7774. Dow future was up 18.00 closed at 13451.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 15 TH JANUARY 2013 HEADLINES GAAR deferred to April 2016, won't apply to NRI in FIIs: FM Dec inflation at 7.18%, lowest in a year; rate cut seen Maruti sees sluggish car sales ahead; eyeing 40% mkt share RBI may cut both repo rate, CRR in Jan policy: BoI

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Transcript of Daily equity-report by epic research 15 jan 2013

Page 1: Daily equity-report by epic research 15 jan 2013

-=6 HEADLINES

Indian Market

Indian equity markets up by 1.20%

Nifty up by 71.25 pts and settle at 6024.05

Sensex up by 242.77 pts at 19906.41

Bank Nifty up by 136.25 pts at 12758.75

Global Market

European markets were down with FTSE up by 9.72 closed at 6131,CAC up by 22.18 closed at 3728 and DAX up by 59.29 closed at 7774.

Dow future was up 18.00 closed at

13451.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

15TH JANUARY 2013

HEADLINES

• GAAR deferred to April 2016, won't

apply to NRI in FIIs: FM

• Dec inflation at 7.18%, lowest in a year;

rate cut seen

• Maruti sees sluggish car sales ahead;

eyeing 40% mkt share

• RBI may cut both repo rate, CRR in Jan

policy: BoI

Page 2: Daily equity-report by epic research 15 jan 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 14-Jan-13 3363.98 2752.88 611.1

DII 14-Jan-13 1100.39 2310.94 -1210.55

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6229 6155 6081 6052 6007 5978 5933 5859 5785

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices surged after Finance Minister P. Chidambaram said that the government has

decided to defer the implementation the General Anti Avoidance Rules or GAAR by two years until 1

April 2016. Data showing easing of inflation based on the wholesale price index (WPI) eased in

December 2012 and firm global stocks aided gains on the domestic bourses.

the BSE Sensex was up 279.93 points or 1.42% to 19,943.57.

The S&P CNX Nifty was up 82.30 points or 1.38% to 6,033.60, as per provisional figures.

Among the 30-share Sensex pack, 21 rose while the rest of them fell.

ONGC jumped 4.91% to Rs 306.35. The stock hit 52-week high of Rs 307 in intraday trade today, 14

January 2013. India's largest software services exporter by revenues, TCS gained 2.19% ahead of its

Q3 results today, 14 January 2013. Finance Minister P. Chidambaram today, 14 January 2013, said that

the government has decided to defer the implementation the General Anti Avoidance Rules or GAAR

by two years until 1 April 2016, thereby accepting the recommendation of the Parthasarathi Shome

Committee on GAAR. RBI said it is closely monitoring the evolving growth-inflation dynamic and

will update the formal numerical assessment of its growth and inflation projections for 2012-13 as part

of the third quarter review in January 2013.

STOCKS TO WATCH

CAIRN

LUPIN

HEXAWARE

INDUSIND BANK

SCRIPS IN BAN PERIOD

SUZLON PUNJLLOYD

KTKBANK

RENUKA

IBREALEST

IVRCLINFRA

Page 3: Daily equity-report by epic research 15 jan 2013

WWW.EPICRESEARCH.CO 09752199966

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EXPERT OPINION

NIFTY

Nifty looks Consolidate

Strategy: Sell on rise

Support: 5980

Resistance: 6070

BANK NIFTY

Bank Nifty looks Consolidate

Strategy: Sell on rise

Support: 12730

Resistance: 12870

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH SAIL S TARGET HIT

CASH WIPRO B TARGET HIT

FUTURE LT S NOT

EXECUTED

FUTURE TCS B NOT

EXECUTED

UPCOMING RESULTS

AXIS BANK

DCB

REL IND INFRA

ESSAR OIL

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

DLF 247.2 10448.07 230.45 16.75 7.27

ONGC 305.25 5850.33 292.35 12.9 4.41

HCL Tech

672.8 3025.6 644.85 27.95 4.33

Infosys 2806.5 6365.6 2712.1 94.4 3.48

Jindal Steel

446.85 2197.16 432 14.85 3.44

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Maruti Suzuki

1539.1 1491.64 1565.25 -26.15 -1.67

Lupin 579.1 1301 587.7 -8.6 -1.46

Cipla 416.3 1573.68 421.5 -5.2 -1.23

Bajaj Auto

2093.35 510.15 2118.1 -24.75 -1.17

Power Grid

112.05 5832.83 113.15 -1.1 -0.97

Page 4: Daily equity-report by epic research 15 jan 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

LUPIN SELL 577.70 573.70 569.70 561.70

HEXAWARE BUY 89.90 90.90 92.40 88.90

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

CAIRN SELL 335.50 333.50 330.50 335.50

INDUSIND BANK BUY 443.80 445.80 448.80 441.80

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