DAILY EQUITY REPORT BY EPIC RESEARCH- 17 OCTOBER 2012

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HEADLINES Indian Market Indian equity markets down by 0.69%. Nifty down by 39.25 pts and settle at 5648.00 Sensex down by 135.85 pts at 18577.70. Bank Nifty down by 93.80 pts at 11348.00 Global Market European markets were up with FTSE up by 30.57 pts at 5836.18 ,CAC up by 16.14 pts at 3436.42 and DAX up by 47.65 pts at 7308.90 Dow future up by 13.00 pts at 13372.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 17 TH OCTOBER 2012 HEADLINES Maruti launches new Alto Fiscal policy, RBI steps have to be in tandem: Dy Guv ICICI Bank not considering merger or acquisition of any bank IMF's 4.9% GDP projection has a statistical problem: Montek

Transcript of DAILY EQUITY REPORT BY EPIC RESEARCH- 17 OCTOBER 2012

Page 1: DAILY EQUITY REPORT BY EPIC RESEARCH- 17 OCTOBER 2012

HEADLINES

Indian Market

Indian equity markets down by 0.69%.

Nifty down by 39.25 pts and settle at 5648.00

Sensex down by 135.85 pts at 18577.70.

Bank Nifty down by 93.80 pts at 11348.00

Global Market

European markets were up with FTSE up by 30.57 pts at 5836.18 ,CAC up by 16.14 pts at 3436.42 and DAX up by 47.65 pts at 7308.90

Dow future up by 13.00 pts at 13372.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

17TH OCTOBER 2012

HEADLINES

• Maruti launches new Alto

• Fiscal policy, RBI steps have to be in

tandem: Dy Guv

• ICICI Bank not considering merger or

acquisition of any bank

• IMF's 4.9% GDP projection has a

statistical problem: Montek

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FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 16-Oct-12 1993.26 2197.45 -204.19

DII 16-Oct-12 1342.58 747.19 595.39

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5902 5823 5744 5696 5665 5617 5586 5507 5551

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices edged lower in choppy trade on political worries and fiscal worries.

The BSE Sensex was down 133.97 points or 0.72% to 18,579.58. The index jumped 87.55 points at

the day's high of 18,801.10 in early trade.

The S&P CNX Nifty was down 42.35 points or 0.74% to 5,644.90, as per provisional figures.

From the 30-share Sensex pack, 23 stocks fell while the rest of them rose.

Index heavyweight Reliance Industries (RIL) lost 1.5% to Rs 810.45. Index heavyweight and cigarette

maker ITC fell 0.03% at Rs 286.05. ICICI Bank declined 0.86%. Axis Bank gained 2.16%. The private

sector bank after trading hours on Monday, 15 October 2012, reported 22.08% growth in net profit to

Rs 1123.54 crore on 20.91% growth in operating revenue to Rs 3919.90 crore in Q2 September 2012

over Q2 September 2011. RIL's net profit jumped 20.2% to Rs 5376 crore on 1.7% decline in turnover

to Rs 93265 crore in Q2 September 2012 over Q1 June 2012. The GRM surged to $9.5 a barrel in Q2

September 2012 from $7.6 a barrel in Q1 June 2012. RIL announced the second quarter results after

trading hours on Monday, 15 October 2012.

STOCKS TO WATCH

AMBUJA

FINANCETECH

BATA INDIA

BHARTI AIRTEL

SCRIPS IN BAN PERIOD

WELCORP

SUZLON

IVRCLINFRA

PUNJLLOYD

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EXPERT OPINION

NIFTY

Nifty looks Downwards

Strategy: Sell on rise

Support:5610

Resistance: 5690

BANK NIFTY

Bank Nifty looks Downwards

Strategy: Sell on rise

Support:11280

Resistance:11420

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH APOLLO TYRE S TGT ACHIEVED

CASH BHEL B ABOVE COST

FUTURE FINANCETECH S TGT ACHIEVED

FUTURE BATA INDIA B ABOVE COST

UPCOMING RESULTS

CRISIL

HCL TECH

KARNATAKA BANK

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Axis Bank

1145.90 4500.99 1119.10 26.80 2.39

Maruti Suzuki

1367.05 860.57 1338.25 28.80 2.15

Hero MotoCo

1798.90 446.54 1767.45 31.45 1.78

Bharti Airtel

267.65 4983.17 264.05 3.60 1.36

Cairn India

334.55 3558.25 330.10 4.45 1.35

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHA

NGE

DLF 208.00 9921.20 217.30 -9.30 -4.28

M & M 825.45 1492.00 858.00 -32.55 -3.79

ACC 1445.70 244.72 1489.20 -43.50 -2.92

Tata Motors

262.30 9523.29 269.40 -7.10 -2.64

Reliance Infra

504.00 1877.10 516.55 -12.55 -2.43

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

BHARTI AIRTEL BUY 270.00 272.50 275.00 267.50

APTECH SELL 70.75 70.05 69.15 71.45

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

FINANCETECH SELL 1002.00 998.00 992.00 1006.00

AMBUJA SELL 209.50 208.50 207.00 210.50

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