Weekly equity-report by epic research 18 feb 2013

4
WEEKLY NEWS CCI may take up 12 coal mining projects on Feb 20 meeting The Cabinet Committee on Investment (CCI) may take up the issue of clearances to 12 coal mining projects, involving Rs 1,347 crore investment, in its meeting on February 20.The meeting will also discuss measures to expedite three critical rail projects, according to a source. "Suitable decisions of CCI are sought for fast- tracking the clearances for these 12 coal mining projects," the source said. India's services exports in Dec at $12.88 bn: RBI India's services-exports in December 2012 stood at USD 12.88 billion, up 7.1 percent from a month ago, Reserve Bank data showed on Friday. The total exports from services in November 2012 was at USD 12.03 billion, as per RBI data.Imports of services also moved up to USD 6.76 billion in December from USD 6.62 billion in the previous month. The services sector contributes about 55 per cent to the country's gross domestic product. India's 2013/14 Budget to be most austere in years Finance Minister P Chidambaram is planning to cut the public spending target for fiscal 2013/14 by up to 10 percent from this year's original target, in what would be the most austere Budget unveiled in recent history as he tries to avert a sovereign credit downgrade. http://www.epicresearch.co 09752199966 09993959693 WEEKLY EQUITY NEWSLETTER 18 TH FEBRUARY 2013 MARKET UPDATE:- Nifty down by 33 pts and settle at 5887.40 Bank Nifty up by 37 pts at 12336.00

description

 

Transcript of Weekly equity-report by epic research 18 feb 2013

Page 1: Weekly equity-report by epic research 18 feb 2013

WEEKLY NEWS

CCI may take up 12 coal mining projects on Feb

20 meeting

The Cabinet Committee on Investment (CCI) may take

up the issue of clearances to 12 coal mining projects,

involving Rs 1,347 crore investment, in its meeting on

February 20.The meeting will also discuss measures to

expedite three critical rail projects, according to a

source. "Suitable decisions of CCI are sought for fast-

tracking the clearances for these 12 coal mining

projects," the source said.

India's services exports in Dec at $12.88 bn:

RBI

India's services-exports in December 2012 stood at

USD 12.88 billion, up 7.1 percent from a month ago,

Reserve Bank data showed on Friday. The total exports

from services in November 2012 was at USD 12.03

billion, as per RBI data.Imports of services also moved

up to USD 6.76 billion in December from USD 6.62

billion in the previous month. The services sector

contributes about 55 per cent to the country's gross

domestic product.

India's 2013/14 Budget to be most austere in

years

Finance Minister P Chidambaram is planning to cut the

public spending target for fiscal 2013/14 by up to 10

percent from this year's original target, in what would be

the most austere Budget unveiled in recent history as he

tries to avert a sovereign credit downgrade.

http://www.epicresearch.co 09752199966 09993959693

WEEKLY EQUITY NEWSLETTER 18TH FEBRUARY 2013

MARKET UPDATE:-

Nifty down by 33 pts

and settle at 5887.40

Bank Nifty up by 37 pts at 12336.00

Page 2: Weekly equity-report by epic research 18 feb 2013

NIFTY WEEKLY PIVOTS

http://www.epicresearch.co 09752199966

MARKET ANALYSIS SHRUGGING OFF POSITIVE CUES FROM EASING INFLATION NUMBERS, THE MARKET DECLINED FOR THE

THIRD CONSECUTIVE WEEK. THE 50-UNIT CNX NIFTY FELL TO OVER 7-WEEK CLOSING LOW. THE BSE

MID-CAP AND THE BSE SMALL-CAP INDICES WITNESSED MAJOR SELLING PRESSURE DURING THE WEEK. THE MARKET FELL IN THREE OUT OF FIVE TRADING SESSIONS IN THE WEEK GONE BY. INVESTOR

SENTIMENT WEAKENED ON FRIDAY, 15 FEBRUARY 2013, AFTER GLOBAL CREDIT RATING AGENCY MOODY'S

INVESTOR SERVICE WARNED THAT INDIA'S EXPANDING CURRENT ACCOUNT DEFICIT AND EXTERNAL DEBT

WILL MAKE THE COUNTRY MORE VULNERABLE TO INTERNATIONAL FINANCIAL VOLATILITY AND HAVE

NEGATIVE IMPLICATIONS FOR ITS SOVEREIGN CREDIT PROFILE. BSE SENSEX FELL 16.62 POINTS OR 0.09% TO 19,468.15, ITS LOWEST CLOSING LEVEL SINCE 11

FEBRUARY 2013. THE 50-UNIT CNX NIFTY FELL 16.10 POINTS OR 0.27% TO 5887.40, ITS LOWEST CLOSING LEVEL SINCE

27 DECEMBER 2012 AMONG THE 30 SENSEX SHARES, 17 FELL AND 12 STOCKS ROSE. ONE STOCK WAS FLAT. INDIA'S LARGEST CAR MAKER BY SALES MARUTI SUZUKI INDIA WAS THE BIGGEST SENSEX LOSER LAST

WEEK. IT SHED 7.28% TO RS 1,472.75. INDIA'S SECOND LARGEST MOTORCYCLE MAKER BY SALES BAJAJ

AUTO DECLINED 3.42% TO RS 1,974. THE COMPANY'S TOTAL SALES ROSE 3% TO 3.47 LAKH UNITS IN

JANUARY 2013 OVER JANUARY 2012.

.

EXPERT OPINION

NIFTY BANK NIFTY

Nifty looks Bearish Bank Nifty looks Bearish

Strategy: Sell on rise Strategy: Sell on rise

Support:5850 Support: 12260

Resistance: 5930 Resistance: 12390

NIFTY WEEKLY PIVOTS

PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6251 6135 6019 5953 5903 5837 5787 5671 5555

Page 3: Weekly equity-report by epic research 18 feb 2013

http://www.epicresearch.co 09752199966

NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

Page 4: Weekly equity-report by epic research 18 feb 2013

.

GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

Tata Motors

304.45 9896.17 285.40 19.05 6.67

Sun Pharma 786.20 1665.14 746.10 40.10 5.37

HDFC Bank 676.75 4706.66 650.05 26.70 4.11

HCL Tech. 697.00 1552.18 670.20 26.80 4.00

Coal India 349.85 2935.77 338.75 11.10 3.28

WEEKLY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR. CLOSE NET

CHANGE

% CHANGE

Siemens 567.70 94.75 615.55 -47.85 -7.77

DLF 248.70 5180.00 268.80 -20.10 -7.48

Maruti Suzuki 1475.05 659.41 1587.70 -112.65 -7.10

Jindal Steel 386.20 1065.88 414.25 -28.05 -6.77

BPCL 379.50 739.02 401.40 -21.90 -5.46

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.