DAILY EQUITY REPORT BY EPIC RESEARCH- 16 OCTOBER 2012
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Transcript of DAILY EQUITY REPORT BY EPIC RESEARCH- 16 OCTOBER 2012
- 1. HEADLINES Indian Market Indian equity markets up by 0.20%. Nifty up by 11.20 pts and settle at 5687.25 Sensex up by 38.37 pts at 18713.55. Bank Nifty up by 53.35 pts at 11441.80 Global Market DAILY EQUITY European markets were down with FTSE NEWSLETTER up by 27.44 pts at 5820.76 ,CAC up by 43.30 pts at 3432.38 and DAX up by 16TH OCTOBER 2012 54.01 pts at 7286.50 Dow future up by 42.00 pts at 13287.00 HEADLINES RIL plans to raise refining capacity Jamshedpur expansion will drive Q2 volumes:Tata Steel Axis Bank Q2 PAT seen up 21% to Rs 1110 cr DoT likely to slap showcause notice on Bharti Airtel WWW.EPICRESEARCH.CO 09752199966
- 2. MARKET ANALYSIS: Key benchmark indices edged higher volatile trade, with gains in European stocks supporting sentiment on the domestic bourses The BSE Sensex was up 25.78 points or 0.14% to 18,700.96. The index rose 51.20 points at the days high of 18,726.38 in afternoon trade. The S&P CNX Nifty was up 9 points or 0.16% to 5,685.05, as per provisional figures. T From the 30-share Sensex pack, 19 stocks rose while the rest of them rose. Index heavyweight Reliance Industries (RIL) rose 0.5% to Rs 823 ahead of its Q2 results today. Indias largest FMCG company by sales Hindustan Unilever (HUL) rose 0.67% to Rs 577.60. Index heavyweight and cigarette maker ITC rose 0.78% to Rs 285.20. Wockhardt rose 1.73% to Rs 1,442. The annual rate of inflation, based on the monthly wholesale price index (WPI) stood at 7.81% (provisional) for the month of September 2012, data released by the government today, 15 October 2012, showed. It was higher than WPI inflation of 7.55% in August 2012. STOCKS TO WATCH FIIs and DIIs APTECHCATEGORY DATE BUY SELL NET FINANCETECH FII 15-Oct-12 1273.02 1252.86 20.16 BATA INDIA BHEL DII 15-Oct-12 657.04 742.56 -85.52 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS WELCORPPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4NIFTY 5803 5761 5719 5703 5677 5661 5635 5593 5551 SUZLON MCDOWELL-N IVRCLINFRA WWW.EPICRESEARCH.CO 09752199966
- 3. . -GAINERS AND LOOSERS EXPERT OPINION NIFTY DAILY NIFTY GAINERS Nifty looks SidewaysSCRIPS RATE VOL. PR. NET % Strategy: Sell on rise (000) CLOSE CHAN CHANG GE E Support:5640 120.10 5231.57 118.05 2.05 1.74 Resistance: 5720Hindalco BANK NIFTY 698.10 198.92 686.75 11.35 1.65Siemens Bank Nifty looks Sideways Cipla 369.75 1284.81 364.10 5.65 1.55 Strategy: Sell on rise BHEL 249.20 3789.26 245.40 3.80 1.55 Support:11360 Bharti Resistance:11520 264.05 4358.90 260.35 3.70 1.42 Airtel PREVIOUS PERFORMANCE TYPE SCRIP B/S RESULT DAILY NIFTY LOOSERS TGT CASH BF UTILITIES SSCRIPS RATE VOL. PR. NET % ACHIEVED BOMBAY (000) CLOSE CHAN CHA CASH B ABOVE COST DYEING GE NGE TGT FUTURE YES BANK S Maruti ACHIEVED 1338.25 710.03 1372.05 -33.80 -2.46 Suzuki TGT FUTURE BATA INDIA B Infosys 2365.60 1848.77 2395.35 -29.75 -1.24 ACHIEVED Sesa Goa 171.90 1212.80 173.75 -1.85 -1.06 Power UPCOMING RESULTS 118.85 4055.01 119.95 -1.10 -0.92Grid Corpn. MINDTREE Lupin 561.45 499.51 566.30 -4.85 -0.86 NIIT TECH TATA METALIKS www.epicresearch.co 09752199966
- 4. MARKET CALLS CASH ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS APTECH SELL 85.90 85.05 84.05 86.75 BHEL BUY 250.30 253.30 257.00 247.30 FUTURE ST ND SCRIPS ACTION LEVEL 1 TARGET 2 TARGET STOP LOSS. FINANCETECH SELL 1022.10 1018.10 1012.10 1026.10 BATA INDIA BUY 959.60 963.60 969.60 955.60 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular inv