-=6 HEADLINES

Indian Market

Indian equity markets were up 2.52%

Nifty up by 151.35 pts and settle at 6146.75

Sensex up by 490.67 pts at 20212.96

Bank Nifty up by 494.30 pts at 13077.90

Global Market

European markets were up with FTSE up by 1.40 closed at 6687 ,CAC up by 7.03 closed at 3973 and DAX up 5.85 closed at 8344

Dow future was down by 3 closed at

15172.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

16TH MAY 2013

HEADLINES

• RBI eases ECB rules in housing,

aviation sector

• Infosys boss Shibulal takes 26.5% salary

cut in FY13

• United Bank of India plans to raise Rs

1,000 cr via QIP

• GAIL to look at legal action against

PNGRB on tariff model

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 14-May-13 2276.29 1855.3 420.99

DII 14-May-13 552.49 965.15 -412.66

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6525 6386 6247 6198 6108 6059 5969 5830 5691

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices extended gains to hit fresh intraday high in mid-afternoon trade. Stock prices

surged today, 15 May 2013, on expectations of a central bank interest rate cut to perk up economic

growth after data released on Tuesday, 14 May 2013, showed a significant fall in inflation based on the

wholesale price index in April 2013. The S&P BSE Sensex and the 50-unit CNX Nifty, both, hit their

highest level in over 28 months. The Sensex was up 474.78 points or 2.41%, up about 400 points from

the day's low and off close to 15 points from the day's high. The market breadth, indicating the overall

health of the market, was strong. All the 13 sectoral indices on BSE were in the green.

Index heavyweights ITC and Reliance Industries (RIL), both, edged higher. Construction stocks rose.

IT stocks rose after a recent slew of positive economic data in the US, the biggest outsourcing market

for the Indian IT firms.

Gains in Asian stocks triggered a firm opening on the domestic bourses. The market extended initial

gains to hit fresh intraday high in morning trade. The barometer index, the S&P BSE Sensex, regained

the psychological 20,000 mark. The market surged to hit fresh intraday high in mid-morning trade. The

50-unit CNX Nifty hit its highest level in more than 28 month high above the psychological 6,000

level. The market held firm in early afternoon trade. The Sensex trimmed gains after hitting its highest

level in more than 15 weeks in afternoon trade. The market extended gains to hit fresh intraday high in

mid-afternoon trade.

STOCKS TO WATCH

BAJAJ AUTO

CAIRN INDIA

TCS

INFOSYS

SCRIPS IN BAN PERIOD

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 6100

Resistance: 6200

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 13000

Resistance: 13150

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH ALLAHBAD

BANK S SL TRIGERRED

CASH STERLITE S SL TRIGERRED

FUTURE FUTURE RETAIL

S NOT

EXECUTED

FUTURE ANDHRA

BANK S

NOT EXECUTED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

PNB 822.45 2465.64 765.80 56.65 7.40

Kotak Mahindra Bank

768.25 783.69 729.90 38.35 5.25

DLF 241.75 9361.11 230.25 11.50 4.99

Indusind

Bank 514.05 2091.13 490.30 23.75 4.84

Reliance Infra

407.80 3715.07 389.10 18.70 4.81

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Power Grid

Corpn. 113.75 4274.43 114.35 -0.52 -0.60

Cairn India

295.75 3788.68 296.45 -0.24 -0.70

Ultratech Cement

1973.55 241.04 1973.75 -0.01 -0.20

6

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

RELIANCE COMMUNICATIONS

BUY 115.00 115.50 116.00 114.50

VOLTAS BUY 88.80 89.30 89.80 88.30

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

APOLLO TYRE BUY 91.00 91.50 92.00 90.50

ADANI POWER BUY 49.00 49.50 50.00 48.50

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 not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.

The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

All Rights Reserved. Investment in equity & bullion market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.