Daily-equity-report by Epic Research 04 March 2013

7/29/2019 Daily-equity-report by Epic Research 04 March 2013

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-=6HEADLINES

Indian Market

Indian equity markets were up 0.47%

Nifty up by 26.65 pts and settle at5719.70

Sensex up by 56.98 pts at 18918.52

Bank Nifty up by 52.70 pts at 11540.05

Global Market

European markets were down with FTSEdown by 16.93 closed at 6343 ,CAC downby 37.24 closed at 3685 and DAX downby 51.82 closed at 7689.

Dow future was down 19.00 closed at

14019.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY

NEWSLETTER4

THMARCH 2013

HEADLINES

FinMin issues clarification on tax

residency certificate: Fine print

Maruti total sales fall 8% in February

TCS pays $29.75m to settle class action

suit

MphasiS aims to grow faster than the

industry


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FIIs and DIIs

CATEGORY DATE BUY SELL NET

FII 1-Mar-13 3876.99 3250.1 626.89

DII 1-Mar-13 1251.36 1297.21 -45.85

NIFTY DAILY PIVOTS

IVOT R4 R3 R2 R1 PP S1 S2 S3 S4

IFTY 5892 5832 5772 5745 5712 5685 5652 5592 5532


MARKETANALYSIS:

Key benchmark indices trimmed gains in late trade as European stocks edged lower. The marketbreadth was negative. The barometer index, the S&P BSE Sensex, was provisionally up 49.82 points or0.26%, off about 80 points from the day's high and up close to 90 points from the day's low. The

recovery on the bourses today, 1 March 2013, after a sharp sell-off on Thursday, 28 February 2013,materialized after the finance ministry issued a clarification stating that the Tax Residency Certificate

produced by a resident of a contracting state will be accepted as evidence that he is a resident of that

contracting state and the Income Tax Authorities in India will not go behind the TRC and question hisresident status and that the current double-tax treaty with Mauritius remains in force, pendingcontinued talks.

Most capital goods stocks rose after the finance minister in Union Budget 2013-14 proposed aninvestment allowance at the rate of 15% to a manufacturing company that invests more than Rs 100

crore in plant and machinery during the period 1 April 2013 to 31 March 2015. Commercial vehiclesmakers rose after the Finance Minister P Chidambaram in the Union Budget 2013-14 proposed to

allocate Rs 14873 crore to Jawaharlal Nehru National Urban Renewal Mission in 2013-14. MarutiSuzuki India shrugged off weak sales in February 2013. Mahindra & Mahindra gained on reporting

good sales in February. Realty stocks tumbled.Foreign institutional investors (FIIs) sold shares worth a net Rs 1317.79 crore on Thursday, 28 February

2013, as per provisional data from the stock exchanges.

STOCKS TO WATCH

INDUSIND

IDFC

APOLLO TYRE TATA MOTORS

SCRIPS IN BAN PERIOD


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.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support:5680

Resistance: 5760

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support:11480

Resistance:11600

460

GAINERSANDLOOSERS

PREVIOUSPERFORMANCE

TYPE SCRIP B/S RESULT

CASH APOLLO TYRE SNOT

EXECUTED

CASH ITC B SL TRIGERRE

FUTUREALLAHBAD

BANKS SL TRIGERRE

FUTURE ADANI S TARGET HIT

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Maruti

Suzuki1424.40 935.31 1354.35 70.05 5.17

JP

Associate72.25 21510.97 69.55 2.70 3.88

BPCL 385.50 1497.71 371.95 13.55 3.64

Power

Grid107.95 5436.34 104.30 3.65 3.50

Reliance

Infra433.25 2669.73 419.00 14.25 3.40

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

DLF 259.35 11239.31 277.35 -18.00 -6.49

Bharti

Airtel311.10 7595.74 322.90 -11.80 -3.65

IDFC 146.00 12720.17 149.30 -3.30 -2.21

Siemens 495.20 189.24 504.30 -9.10 -1.80

Cairn

India293.00 3535.28 297.95 -4.95 -1.66


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.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

APOLLO TYRE BUY 86.00 86.50 87.25 85.50

IDFC SELL 145.00 144.00 142.50 146.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

INDUSIND BANK SELL 401.00 399.00 396.00 403.00

TATA MOTORS BUY 293.70 295.70 298.70 291.70

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Daily-equity-report by Epic Research 04 March 2013