Daily equity-report by epic research 21 march 2013

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HEADLINES Indian Market Indian equity markets were down 0.90% Nifty down by 51.55 pts and settle at 5694.40 Sensex down by 123.91 pts at 18884.19 Bank Nifty down by 253.15 pts at 11254.90 Global Market European markets were up with FTSE up by 1.12 closed at 6442 ,CAC up by 21.36 closed at 3797 and DAX up by 42.43 closed at 7990. Dow future was up 41.00 closed at 14429.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 21 ST MARCH 2013 HEADLINES HDIL dismisses CARE ratings, stk at 52-wk low, down 50% YTD Sugar stocks sour after CCEA defers decision on decontrol Deal pipeline stronger; see more orders from US, UK: HCL Bharti shares technically vulnerable: Analyst

Transcript of Daily equity-report by epic research 21 march 2013

-=6 HEADLINES

Indian Market

Indian equity markets were down 0.90%

Nifty down by 51.55 pts and settle at 5694.40

Sensex down by 123.91 pts at 18884.19

Bank Nifty down by 253.15 pts at 11254.90

Global Market

European markets were up with FTSE up by 1.12 closed at 6442 ,CAC up by 21.36 closed at 3797 and DAX up by 42.43 closed at 7990.

Dow future was up 41.00 closed at

14429.00

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DAILY EQUITY NEWSLETTER

21ST MARCH 2013

HEADLINES

• HDIL dismisses CARE ratings, stk at

52-wk low, down 50% YTD

• Sugar stocks sour after CCEA defers

decision on decontrol

• Deal pipeline stronger; see more orders

from US, UK: HCL

• Bharti shares technically vulnerable:

Analyst

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 20-Mar-13 3323.53 3560.25 -236.72

DII 20-Mar-13 1225.37 1582.3 -356.93

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6194 6055 5916 5830 5777 5691 5638 5499 5360

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MARKET ANALYSIS:

Political worries caused by DMK's withdrawal of support to the Congress led UPA government at the

Centre on Tuesday, 19 March 2013 and a statement from the Reserve Bank of India (RBI) after a mid-

quarter policy review on Tuesday, 19 March 2013, that the headroom for further monetary easing

remains quite limited, pulled the market lower for the second day in a row today, 20 March 2013. The

barometer index, the 30-share S&P BSE Sensex, fell below the psychological 19,000 mark. The

Sensex reached its lowest closing level in more than two weeks. The 50-unit CNX Nifty reached its

lowest closing level in almost three weeks. The Sensex lost 123.91 points or 0.65%, off close to 145

points from the day's high and up about 50 points from the day's low. The market breadth was weak.

The BSE Small-Cap index was off more than 2% and the BSE Mid-Cap index was off almost 2%.

Indian stocks fell for the fourth straight day today, 20 March 2013. From a recent high 19570.44 on 14

March 2013, the Sensex has declined 686.25 points or 3.5% in four trading sessions. The Sensex has

advanced 22.65 points or 0.12% in this month so far (till 20 March 2013). The Sensex has declined

542.52 points or 2.79% in calendar 2013 so far (till 20 March 2013). From a 52-week high of

20,203.66 on 29 January 2013, the Sensex has declined 1319.47 points or 6.53%. From a 52-week low

of 15,748.98 on 4 June 2012, the Sensex has surged 3,135.21 points or 19.9%.

Metal stocks declined as LMEX, a gauge of six metals traded on the London Metal Exchange dropped

0.44% on Tuesday, 19 March 2013. Jindal Steel & Power, Hindalco Industries, Sterlite Industries,

Bhushan Steel, Tata Steel, JSW Steel, and Hindustan Zinc shed by 0.1% to 3.14%.

STOCKS TO WATCH

DISH TV

AUROBINDO

SUN PHARMA

ITC

SCRIPS IN BAN PERIOD

PUNJLLYOD

HDIL

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.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5650

Resistance: 5750

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 11200

Resistance: 11320

460

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GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH BIOCON B SL TRIGERRED

CASH DLF S NOT

EXECUTED

FUTURE BHARTI AIRTEL

S TARGT HIT

FUTURE RANBAXY B TARGT HIT

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

HUL 468.65 2681.15 453.50 15.15 3.34

Asian Paints

4992.60 190.12 4909.35 83.25 1.70

Cipla 389.75 1801.59 383.55 6.20 1.62

Tata Motors

285.65 9562.02 281.60 4.05 1.44

Lupin 626.05 1472.27 619.60 6.45 1.04

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Reliance Infra

359.15 4562.66 395.75 -36.60 -9.25

Bharti Airtel

280.05 20799.13 293.40 -13.35 -4.55

JP Associate

68.35 35291.39 71.40 -3.05 -4.27

IDFC 141.40 9006.37 147.50 -6.10 -4.14

DLF 248.65 11698.17 259.05 -10.40 -4.01

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

AUROBINDO PHARMA

SELL 151.50 150.50 149.50 152.50

RELIANCE CAPITAL SELL 331.50 329.50 327.50 333.50

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

DISH TV SELL 61.80 61.30 60.80 62.30

SUN PHARMA BUY 844.50 848.50 852.50 840.50

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