Download - Daily equity-report by epic research 3 jan 2013

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Page 1: Daily equity-report by epic research 3 jan 2013

-=6 HEADLINES

Indian Market

Indian equity markets up by 0.71%

Nifty up by 42.40 pts and settle at 5993.25

Sensex up by 133.43 pts at 19714.24

Bank Nifty up by 132.75 pts at 12786.90

Global Market

European markets were up with FTSE up by 117.55 closed at 6015,CAC up by 79.97 closed at 3721 and DAX up by 153.98 closed at 7766.

Dow future was up 269.00 closed at

13046.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

3RD JANUARY 2013

HEADLINES

• Year 2012 was tough for auto industry:

M&M

• SpiceJet shortlists 3 foreign investors to

raise $100-150m

• Ashok Leyland Dec sales tumble 19% to

7,299 units

• 35 power producers have signed FSAs

with CIL: Govt

Page 2: Daily equity-report by epic research 3 jan 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 2-Jan-13 2341.67 1234.01 1107.66

DII 2-Jan-13 1271.09 1688.5 -417.41

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6065 6041 6017 6005 5993 5981 5969 5945 5921

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MARKET ANALYSIS:

Key benchmark indices edged higher for the second day in a row as stocks rose across the globe after

the House of Representatives on Tuesday, 1 January 2013, passed a bill to undo much of the fiscal cliff

threatening the US economy which is the world's biggest economy.

The BSE Sensex was up 124.38 points or 0.64% to 19,705.19.

The S&P CNX Nifty was up 41 points or 0.69% to 5,991.85.

Among the 30-share Sensex pack, 22 gained while only six of them declined.

Auto stocks were in demand. Small car maker Maruti Suzuki India rose 3.16% to Rs 1,564. The stock

hit 52-week high of Rs 1,565.70 in intraday trade today, 2 January 2013. Bajaj Auto advanced 3.32%

to Rs 2,208. Bank stocks rose across the board. India's largest private sector bank by net profit ICICI

Bank advanced 1.28% to Rs 1,173.95. The stock hit 52-week high of Rs 1,176 in intraday trade today,

2 January 2013. HDFC Bank rose 0.39%.PSU bank stocks also edged higher. State Bank of India

(SBI) gained 0.99%.Among other PSU bank stocks, Allahabad Bank (up 1.57%), Andhra Bank (up

0.98%), Canara Bank (up 1.43%), Bank of Baroda (up 0.1%) and Punjab National Bank (up 1.56%)

STOCKS TO WATCH

CROMPTON

ADANI

BHEL

PFC

SCRIPS IN BAN PERIOD

SUZLON

Page 3: Daily equity-report by epic research 3 jan 2013

09752199966

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EXPERT OPINION

NIFTY

Nifty looks Consolidate

Strategy: Buy on dips

Support: 5960

Resistance: 6040

BANK NIFTY

Bank Nifty looks Consolidate

Strategy: Buy on dips

Support: 12710

Resistance: 1285

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH AURO

PHARMA B

NOT EXECUTED

CASH ICICI BANK B NOT

EXECUTED

FUTURE REC B TGT

ACHEIVED

FUTURE MCLEOD RUSELL

S NOT

EXECUTED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Bajaj Auto

2202.25 561.50 2131.90 70.35 3.30

IDFC 178.90 7176.79 173.65 5.25 3.02

JP Associate

101.45 16943.30 98.50 2.95 2.99

BPCL 366.45 987.40 356.30 10.15 2.85

Maruti Suzuki

1557.40 801.36 1514.40 43.00 2.84

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Asian Paints

4371.95 61.50 4423.05 -51.10 -1.16

Wipro 393.75 856.20 396.90 -3.15 -0.79

Power Grid

Corpn. 113.10 6088.47 113.85 -0.75 -0.66

ITC 285.40 6530.22 287.25 -1.85 -0.64

Coal India

358.70 2259.74 359.95 -1.25 -0.35

Page 4: Daily equity-report by epic research 3 jan 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

AMTEK SELL 89.65 88.95 88.10 90.50

ZEE ENTERTAINMENT BUY 231.65 233.50 235.50 229.65

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ADANI ENTERPRISE BUY 289.25 291.25 294.25 287.25

HCL TECHNOLOGIES SELL 627.00 623.00 618.00 631.00

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