DAILY-EQUITY-REPORT BY EPIC RESEARCH 8 APRIL 2013
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Transcript of DAILY-EQUITY-REPORT BY EPIC RESEARCH 8 APRIL 2013
-=6 HEADLINES
Indian Market
Indian equity markets were down 0.32%
Nifty down by 21.50 pts and settle at 5553.25
Sensex down by 59.47 pts at 18450.23
Bank Nifty down by 27.30 pts at 11098.95
Global Market
European markets were down with FTSE up by 80.20 closed at 6263 ,CAC down by 57.45 closed at 3668 and DAX down 138.75 closed at 7678.
Dow future was down by 64 closed at
14467.00
WWW.EPICRESEARCH.CO 09752199966
DAILY EQUITY NEWSLETTER
8TH APRIL 2013
HEADLINES
• Adani Power set to commission 3rd unit
in Tiroda in April
• Diageo's open offer for United Spirits to
start April 10
• L&T Construction bags orders of Rs
2004 cr, stock flat
• IRB Infra founder Mhaiskar buys 2.7 lakh
shares, stock up
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 5-Apr-13 2018.73 2221.92 -203.19
DII 5-Apr-13 963.91 942.44 21.47
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 5683 5640 5597 5575 5554 5532 5511 5468 5425
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MARKET ANALYSIS:
Key benchmark indices dropped in choppy trade after provisional data showed that foreign funds
remained net sellers of Indian stocks on Thursday, 4 April 2013. Weakness in European stocks also
weighed on sentiment. The barometer index, the S&P BSE Sensex, was provisionally down 86.41
points or 0.47%, off close to 100 points from the day's high and up about 35 points from the day's low.
Indian stocks dropped for the third day in a row today, 5 April 2013. The market breadth was positive.
Index heavyweight and cigarette maker ITC fell over 3%. Another index heavyweight Reliance
Industries (RIL) edged higher
Maruti Suzuki India jumped over 7% on hopes a weaker yen currency would improve margins by
reducing the costs of importing auto parts from Japan after the Bank of Japan unleashed unprecedented
monetary expansion. Realty stocks were mixed. Bank stocks were also mixed.
S&P BSE Sensex was down 86.41 points or 0.47% to 18,423.29. The index fell 120.41 points at the
day's low of 18,389.29 in afternoon trade, its lowest level since 21 November 2012. The index rose
15.75 points at the day's high of 18,525.45 in mid-afternoon trade.
Sensex hit 19 week low. The 50-unit CNX Nifty hit lowest level in over 19 weeks. The market hovered
in negative terrain in morning trade. The Sensex slipped into the red after moving into the positive
terrain from negative terrain for a brief period in mid-morning trade. The market extended losses to hit
fresh intraday low in early afternoon trade. Key benchmark indices recovered sharply after hitting fresh
intraday low in afternoon trade.
STOCKS TO WATCH
BANK OF BARODA
ICICI BANK
MCLEOD RUSSEL
MARUTI
SCRIPS IN BAN PERIOD
HDIL
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.
EXPERT OPINION
NIFTY
Nifty looks Bearish
Strategy: Sell on rise
Support: 5500
Resistance: 5600
BANK NIFTY
Bank Nifty looks Bearish
Strategy: Sell on rise
Support: 11000
Resistance: 11150
460
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH ADANI POWER
B SL TRIGERRED
CASH BHARAT FORGE
B NOT
EXECUTED
FUTURE AUROBINDO
PHARMA B TARGET HIT
FUTURE ANDHRA
BANK S TARGET HIT
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
Maruti Suzuki
1406.30 1681.66 1311.10 95.20 7.26
ONGC 314.30 2868.50 307.65 6.65 2.16
Sesa Goa
149.95 1861.20 147.00 2.95 2.01
Hero Motoco
1481.40 399.16 1454.05 27.35 1.88
BPCL 376.50 724.52 369.55 6.95 1.88
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
NMDC 124.85 6469.22 130.55 -5.70 -4.37
ITC 291.30 7040.79 299.55 -8.25 -2.75
HDFC 770.80 2879.15 792.35 -21.55 -2.72
NTPC 141.00 6864.95 144.80 -3.80 -2.62
IDFC 140.95 4671.99 143.85 -2.90 -2.02
6
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
ADANI ENT BUY 212.00 213.00 214.00 211.00
IFCI BUY 27.80 28.10 28.40 27.40
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
APOLLO TYRE BUY 84.30 84.80 85.30 83.80
AMBUJA CEMENT SELL 164.40 163.40 162.40 165.40
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