Daily equity-report by epic research 18 jan 2013

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HEADLINES Indian Market Indian equity markets up by 0.55% Nifty up by 48.00 pts and settle at 6050.00 Sensex up by 150.00 pts at 19962.00 Bank Nifty up by 60.00 pts at 12690.00 Global Market European markets were up with FTSE up by 28.00 closed at 6132 ,CAC up by 35.62 closed at 3744 and DAX up by 44.55 closed at 7735. Dow future was down 4.00 closed at 13538.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 18 TH JANUARY 2013 HEADLINES Expect another hike in a fortnight: IOC Q4 to be challenging, can't meet margin guidance: Exide Budget 2013-14: Govt committed to moderate tax-rates: Chidambaram Expect another hike in a fortnight: IOC

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Transcript of Daily equity-report by epic research 18 jan 2013

Page 1: Daily equity-report by epic research 18 jan 2013

-=6 HEADLINES

Indian Market

Indian equity markets up by 0.55%

Nifty up by 48.00 pts and settle at 6050.00

Sensex up by 150.00 pts at 19962.00

Bank Nifty up by 60.00 pts at 12690.00

Global Market

European markets were up with FTSE up by 28.00 closed at 6132 ,CAC up by 35.62 closed at 3744 and DAX up by 44.55 closed at 7735.

Dow future was down 4.00 closed at

13538.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

18TH JANUARY 2013

HEADLINES

• Expect another hike in a fortnight: IOC

•Q4 to be challenging, can't meet margin

guidance: Exide

• Budget 2013-14: Govt committed to

moderate tax-rates: Chidambaram

• Expect another hike in a fortnight: IOC

Page 2: Daily equity-report by epic research 18 jan 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 17-Jan-13 3604.1 3039.9 564.2

DII 17-Jan-13 1423.52 1943.3 -519.78

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6221 6156 6091 6065 6026 6000 5961 5896 5831

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices edged higher in a volatile trading session on reports that the government has

given authority to PSU OMCs to change diesel prices by a small margin from time to time. Comments

by Finance Minister P. Chidambaram on Wednesday, 16 January 2013, that the immediate priority of

the government is to keep the investment cycle going also boosted sentiments.

BSE Sensex jumped 146.40 points or 0.74% to 19,964.03, its highest closing level since 15 January

2013.

The S&P CNX Nifty rose 37.35 points or 0.62% to 6,039.20, its highest closing level since 15 January

2013.

Among the 30-share Sensex pack, 19 rose while the rest of them fell.

Shares of public sector oil marketing companies (PSU OMCs) surged on reports that the government

has given authority to PSU OMCs to change diesel prices by a small margin from time to time. Indian

Oil Corporation (up 6.60%), HPCL (up 6.06%) and BPCL (up 3.75%), edged higher. PSU OMCs

suffer under recoveries on domestic sale of diesel, LPG and kerosene at controlled prices. The

government has already freed pricing of petrol.

STOCKS TO WATCH

RELIANCE CAPITAL

SUN PHARMA

AMBUJA

AXIS BANK

SCRIPS IN BAN PERIOD

SUZLON

KTKBANK

PUNJLLOYD

IVRCLINFRA

HDIL

Page 3: Daily equity-report by epic research 18 jan 2013

WWW.EPICRESEARCH.CO 09752199966

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EXPERT OPINION

NIFTY

Nifty looks Consolidate

Strategy: Sell on rise

Support: 6010

Resistance: 6090

BANK NIFTY

Bank Nifty looks Consolidate

Strategy: Sell on rise

Support: 12620

Resistance: 12760

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH POWER GRID S NOT

EXECUTED

CASH TATA

POWER B

NOT EXECUTED

FUTURE SESA GOA S SL TRIGERRED

FUTURE CANARA

BANK B

NOT EXECUTED

UPCOMING RESULTS

RELIANCE

ITC

IDBI

HDFC BANK

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

BPCL 428.55 4295.27 396.15 32.40 8.18

ONGC 340.05 13852.91 314.45 25.60 8.14

Maruti Suzuki

1544.90 633.82 1494.10 50.80 3.40

GAIL India

389.10 1137.09 376.40 12.70 3.37

Bank Of Baroda

882.90 197.38 867.00 15.90 1.83

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Wipro 409.80 4109.22 430.70 -20.90 -4.85

Hero MotoCorp

1746.70 713.01 1818.70 -72.00 -3.96

Hindustan Unilever

489.50 1549.64 500.55 -11.05 -2.21

M &M 885.00 1615.56 900.95 -15.95 -1.77

Bharti Airtel

347.55 1503.27 353.50 -5.95 -1.68

Page 4: Daily equity-report by epic research 18 jan 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

RELIANCE CAPITAL SELL 479.00 475.00 469.00 483.00

AMBUJA BUY 198.20 199.20 200.70 197.20

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

SUN PHARMA SELL 723.00 719.00 713.00 727.00

AXIS BANK BUY 1414.00 1422.00 1434.00 1406.00

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