Daily equity-report by epic research 8 april 2013

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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 8 TH 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

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Transcript of Daily equity-report by epic research 8 april 2013

Page 1: 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

Page 2: Daily equity-report by epic research 8 april 2013

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

WWW.EPICRESEARCH.CO 09752199966

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

Page 3: Daily equity-report by epic research 8 april 2013

WWW.EPICRESEARCH.CO 09752199966

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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

Page 4: Daily equity-report by epic research 8 april 2013

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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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