Daily equity-report by epic research 22 march 2013

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HEADLINES Indian Market Indian equity markets were down 0.63% Nifty down by 35.55 pts and settle at 5658.75 Sensex down by 91.32 pts at 18792.87 Bank Nifty down by 16.50 pts at 11238.35 Global Market European markets were down with FTSE down by 49.69 closed at 6383 ,CAC down by 45.31 closed at 3784 and DAX down by 70.82 closed at 7931. Dow future was down 4.00 closed at 14412.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 22 ND MARCH 2013 HEADLINES Why has govt trimmed size of SAIL share offer? Manappuram Q4 loss seen Rs 50 cr on Rs 250 cr loan default Correction over, mkt awaits trigger; buy CIL: Macquarie ITC's cigarette volumes may fall 3-4% in FY14: StanChart

Transcript of Daily equity-report by epic research 22 march 2013

Page 1: Daily equity-report by epic research 22 march 2013

-=6 HEADLINES

Indian Market

Indian equity markets were down 0.63%

Nifty down by 35.55 pts and settle at 5658.75

Sensex down by 91.32 pts at 18792.87

Bank Nifty down by 16.50 pts at 11238.35

Global Market

European markets were down with FTSE down by 49.69 closed at 6383 ,CAC down by 45.31 closed at 3784 and DAX down by 70.82 closed at 7931.

Dow future was down 4.00 closed at

14412.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

22ND MARCH 2013

HEADLINES

• Why has govt trimmed size of SAIL

share offer?

• Manappuram Q4 loss seen Rs 50 cr on

Rs 250 cr loan default

•Correction over, mkt awaits trigger; buy

CIL: Macquarie

• ITC's cigarette volumes may fall 3-4% in

FY14: StanChart

Page 2: Daily equity-report by epic research 22 march 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 21-Mar-13 3469.45 3101.14 368.31

DII 21-Mar-13 1249.68 1279.76 -30.08

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6017 5907 5797 5727 5687 5617 5577 5467 5357

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices edged lower in chippy trade as European stocks dropped after the European

Central Bank warned Cyprus that it will cut off emergency funding for Cyprus's troubled banks if

Cyprus doesn't seal a bailout deal by Monday, 25 March 2013. The barometer index, the S&P BSE

Sensex, and the 50-unit CNX Nifty, both, hit their lowest level in more than 16 weeks. The market

breadth, indicating the overall health of the market, was weak. The Sensex was provisionally down

115.23 points or 0.61%, off 313.33 points from the day's high and up 12.31 points from the day's low.

Shares of telecom major Bharti Airtel jumped over 5% after the company on Wednesday, 20 March

2013, announced the launch of Airtel prepaid and postpaid 4G services in Chandigarh, Mohali and

Panchkula in Punjab.

The market edged higher in early trade on firm Asian stocks. Key benchmark indices reversed initial

gains and hit their lowest level in almost 2-1/2 weeks in morning trade. Volatility ruled the roost as key

benchmark indices regained positive zone in mid-morning trade. Key benchmark indices held firm in

early afternoon trade. The Sensex extended gains to hit fresh intraday high in afternoon trade.

Volatility ruled the roost as key benchmark indices reversed direction and slipped into the red in mid-

afternoon trade as European stocks dropped after the European Central Bank warned that it will cut off

emergency funding for Cyprus's troubled banks if Cyprus doesn't seal a bailout deal by Monday, 25

March 2013. The market extended losses to hit fresh intraday low in late trade.

STOCKS TO WATCH

IDBI

RELIANCE CAPITAL

INFOSYS

ICICI BANK

SCRIPS IN BAN PERIOD

PUNJLLYOD

HDIL

RENUKA

Page 3: Daily equity-report by epic research 22 march 2013

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5600

Resistance: 5700

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 11180

Resistance: 11300

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH AUROBINDO

PHARMA S TARGET HIT

CASH RELIANC E CAPITAL

S TARGET HIT

FUTURE DISH TV S NOT

EXECUTED

FUTURE SUN

PHARMA B SL TRIGERRED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Bharti Airtel

297.90 11023.52 280.05 17.85 6.37

ICICI Bank

1035.35 6556.90 1001.55 33.80 3.37

HDFC 797.90 3606.38 780.40 17.50 2.24

Jindal Steel &

341.70 2354.68 337.70 4.00 1.18

Wipro 434.75 1008.41 429.95 4.80 1.12

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

JP Associate

63.90 34092.63 68.35 -4.45 -6.51

Reliance Infra

337.00 6098.06 359.15 -22.15 -6.17

Bank Of Baroda

651.40 1172.27 687.35 -35.95 -5.23

Bajaj Auto

1755.30 464.79 1840.00 -84.70 -4.60

Tata Motors

273.60 11742.49 285.65 -12.05 -4.22

Page 4: Daily equity-report by epic research 22 march 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

DLF SELL 237.50 235.50 233.50 239.50

RELIANCE CAPITAL SELL 312.00 310.00 308.00 314.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

IDBI SELL 81.00 80.50 80.00 81.50

AMBUJA SELL 169.50 168.50 167.50 170.50

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