Daily equity-report by epic research 8 april 2013

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

  • 1. HEADLINES -=6 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 DAILY EQUITY Global Market NEWSLETTER European markets were down with FTSE TH up by 80.20 closed at 6263 ,CAC down 8 APRIL 2013 by 57.45 closed at 3668 and DAX down 138.75 closed at 7678. Dow future was down by 64 closed at 14467.00 HEADLINES Adani Power set to commission 3rd unitin Tiroda in April Diageos open offer for United Spirits tostart April 10 L&T Construction bags orders of Rs2004 cr, stock flat IRB Infra founder Mhaiskar buys 2.7 lakhshares, stock up WWW.EPICRESEARCH.CO 09752199966
  • 2. 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 days high and up about 35 points from the days 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 days low of 18,389.29 in afternoon trade, its lowest level since 21 November 2012. The index rose 15.75 points at the days 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 FIIs and DIIs BANK OF BARODACATEGORY DATE BUY SELL NET ICICI BANK FII 5-Apr-13 2018.73 2221.92 -203.19 MCLEOD RUSSEL MARUTI DII 5-Apr-13 963.91 942.44 21.47 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS HDILPIVOT R4 R3 R2 R1 PP S1 S2 S3 S4NIFTY 5683 5640 5597 5575 5554 5532 5511 5468 5425 WWW.EPICRESEARCH.CO 09752199966
  • 3. . GAINERS AND LOOSERS EXPERT OPINION NIFTY DAILY NIFTY GAINERS Nifty looks BearishSCRIPS RATE VOL. PR. NET % Strategy: Sell on rise (000) CLOSE CHAN CHANG GE E Support: 5500 Maruti Resistance: 5600 1406.30 1681.66 1311.10 95.20 7.26 Suzuki BANK NIFTY ONGC 314.30 2868.50 307.65 6.65 2.16 Bank Nifty looks Bearish Sesa 149.95 1861.20 147.00 2.95 2.01 Goa Strategy: Sell on rise Hero 1481.40 399.16 1454.05 27.35 1.88 Support: 11000Motoco BPCL 376.50 724.52 369.55 6.95 1.88 Resistance: 11150 460 PREVIOUS PERFORMANCE .0 DAILY NIFTY LOOSERS TYPE SCRIP B/S RESULTSCRIPS RATE VOL. PR. NET % (000) CLOSE CHAN CHAN ADANI CASH B SL TRIGERRED POWER GE GE BHARAT NOT CASH B FORGE EXECUTED NMDC 124.85 6469.22 130.55 -5.70 -4.37 AUROBINDO FUTURE B TARGET HIT PHARMA ITC 291.30 7040.79 299.55 -8.25 -2.75 ANDHRA FUTURE S TARGET HIT HDFC 770.80 2879.15 792.35 -21.55 -2.72 BANK NTPC 141.00 6864.95 144.80 -3.80 -2.62 IDFC 140.95 4671.99 143.85 -2.90 -2.02 WWW.EPICRESEARCH.CO 09752199966
  • 4. MARKET CALLS 6 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 ST ND SCRIPS ACTION LEVEL 1 TARGET 2 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 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does no