Daily equity-report by epic research 17 april 2013
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20-Oct-2014 -
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Transcript of Daily equity-report by epic research 17 april 2013
-=6 HEADLINES
Indian Market
Indian equity markets were up 2.16%
Nifty up by 120.55 pts and settle at 5688.95
Sensex up by 387.13 pts at 18744.93
Bank Nifty up by 345.35 pts at 11871.60
Global Market
European markets were down with FTSE down by 33.54 closed at 6310 ,CAC down by 23.93 closed at 3686 and DAX down 45.60 closed at 7667
Dow future was up by 66 closed at
14578.00
WWW.EPICRESEARCH.CO 09752199966
DAILY EQUITY NEWSLETTER
17TH APRIL 2013
HEADLINES
• ONGC seeks MoEF permit for drilling
new wells in KG Basin
• AirAsia starts hiring in India with Sept as
takeoff date
• Union Bank hits market with USD 500m
bond issue
• Jet Airways to dilute stake via OFS
route: Sources
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 16-Apr-13 3095.66 2503.91 591.75
DII 16-Apr-13 792.91 997.8 -204.89
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6079 5935 5791 5739 5647 5595 5503 5359 5215
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MARKET ANALYSIS:
Key benchmark indices surged as steep drop this week in gold and oil prices eased concerns of high
current account and fiscal deficit and Monday's data showing easing of wholesale price index triggered
expectations of an interest-rate cut by the Reserve Bank of India (RBI). The barometer index, the S&P
BSE Sensex, was provisionally up 373.31 points or 2.03%, up close to 405 points from day's low and
off about 40 points from the day's high. The S&P BSE Sensex and the 50-unit CNX Nifty, both, hit
their highest level in almost two weeks. The market breadth, indicating the overall health of the
market, was positive.
Key benchmark indices reversed initial fall and moved into positive zone. Key benchmark indices
surged to strike intraday high in morning trade as Asian stocks reversed initial decline. Key benchmark
indices extended gain to strike fresh intraday high in mid-morning trade. The market moved up further
to hit fresh intraday high in early afternoon trade. The S&P BSE Sensex and the 50-unit CNX Nifty,
both, hit their highest level in over 1-1/2-week. Key benchmark indices held firm after striking fresh
intraday high in afternoon trade. The Sensex extended intraday gains to strike fresh intraday high in
mid-afternoon trade. The S&P BSE Sensex and the 50-unit CNX Nifty, both, hit their highest level in
nearly 2 weeks.
S&P BSE Sensex was up 373.31 points or 2.03% to 18,731.11. The CNX Nifty was up 116.55 points or
2.09% to 5,684.95
STOCKS TO WATCH
WOCKHARDT
BAJAJ FIN SERV
PVR
SUN PHARMA
SCRIPS IN BAN PERIOD
HDIL
WWW.EPICRESEARCH.CO 09752199966
.
EXPERT OPINION
NIFTY
Nifty looks Bearish
Strategy: Sell on rise
Support: 5630
Resistance: 5730
BANK NIFTY
Bank Nifty looks Bearish
Strategy: Sell on rise
Support: 11800
Resistance: 11940
460
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH PVR B HIT TGT
CASH WOCKHRADT S SL TRIGERRED
FUTURE ALLAHBAD
BANK B HIT TGT
FUTURE APOLLO TYRE B TGT HIT
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
Axis Bank
1363.3 2397.57 1294.2 69.1 5.34
IDFC 154.1 7582.02 146.6 7.5 5.12
Maruti Suzuki
1482.05 620.23 1422.9 59.15 4.16
ONGC 331.9 4763.74 319 12.9 4.04
M & M 844.85 1789.26 812.95 31.9 3.92
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
Infosys 2296.25 1787.72 2339.05 -42.8 -1.83
Cairn India
288.15 2461.46 290.05 -1.9 -0.66
HCL Tech. 762.8 1834.88 764.95 -2.15 -0.28
Sesa Goa 143.4 1876.41 143.6 -0.2 -0.14
6
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MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
AUROBINDO PHARMA
BUY 181.00 182.00 183.00 180.00
KARNATAKA BANK BUY 145.60 146.60 147.60 144.60
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
ALLAHBAD BANK BUY 133.90 134.90 135.90 132.90
ITC BUY 307.00 310.00 312.00 305.00
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