4
HEADLINES Indian Market Indian equity markets up by 0.50%. Nifty up by 28.60 pts and settle at 5704.00 Sensex down by 84.38 pts at 18793.26. Bank Nifty down by 83.90 pts at 11446.10 Global Market European markets were up with FTSE down by 16.68 pts at 5825.06 ,CAC up by 1.09 pts at 3407.62 and DAX down by 35.76 pts at 7255.45 Dow future down by 9.00 pts at 13479.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 10 TH OCTOBER 2012 HEADLINES SBI sees early signs of loan growth revival Vedanta says Indian zinc, iron ore output fall in Q2 India's NMDC cuts iron ore prices by 2-11% on month Bank licence issuance process may start in a month: L&T Fin

DAILY EQUITY REPORT BY EPIC RESEARCH- 10 OCTOBER 2012

Embed Size (px)

Citation preview

Page 1: DAILY EQUITY REPORT BY EPIC RESEARCH- 10 OCTOBER 2012

HEADLINES

Indian Market

Indian equity markets up by 0.50%.

Nifty up by 28.60 pts and settle at 5704.00

Sensex down by 84.38 pts at 18793.26.

Bank Nifty down by 83.90 pts at 11446.10

Global Market

European markets were up with FTSE down by 16.68 pts at 5825.06 ,CAC up by 1.09 pts at 3407.62 and DAX down by 35.76 pts at 7255.45

Dow future down by 9.00 pts at

13479.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

10TH OCTOBER 2012

HEADLINES

• SBI sees early signs of loan growth

revival

• Vedanta says Indian zinc, iron ore

output fall in Q2

• India's NMDC cuts iron ore prices by

2-11% on month

• Bank licence issuance process may

start in a month: L&T Fin

Page 2: DAILY EQUITY REPORT BY EPIC RESEARCH- 10 OCTOBER 2012

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 9-Oct-12 2327.01 1713.03 613.98

DII 9-Oct-12 697.69 1128.29 -430.6

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5856 5805 5754 5729 5703 5678 5652 5601 5550

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices edged higher in choppy trade after US Treasury Secretary Timothy Geithner

said India's recent steps to further open its market to foreign investors will help provide a foundation

for India's strong economic growth.

the BSE Sensex was up 71.82 points or 0.38% to 18,780.80. The index jumped 176.86 points at the

day's high of 18,885.84 in early trade.

The S&P CNX Nifty was up 26.10 points or 0.46% to 5,702.10. The index hit a high of 5,728.65 and a

low of 5,677.90 in intraday trade.

From the 30-share Sensex pack, 18 stocks gained while the rest of them declined.

Index heavyweight Reliance Industries (RIL) declined 0.45% to Rs 815. Index heavyweight and

cigarette maker ITC rose 0.72% to Rs 279.50. India's second largest private sector bank by net profit

HDFC Bank rose 0.67%. India's largest bank by branch network State Bank of India (SBI) advanced

0.46%. Capital goods pivotals saw divergent trend. Engineering and construction conglomerate L&T

gained 2.15%

STOCKS TO WATCH

BHARTI AIRTEL

APOLLO TYRE

VOLTAS

UNITED BREWERIES

SCRIPS IN BAN PERIOD

WELCORP

SUZLON

HDIL

Page 3: DAILY EQUITY REPORT BY EPIC RESEARCH- 10 OCTOBER 2012

-

www.epicresearch.co 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks downwards

Strategy: Sell on rise

Support:5670

Resistance: 5740

BANK NIFTY

Bank Nifty looks downwards

Strategy: Sell on rise

Support:11380

Resistance:11510

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH BAJAJ CORP B TGT ACHIEVED

CASH BOMBAY DYEING

B TGT ACHIEVED

FUTURE BATA INDIA S NOT EXECUTED

FUTURE AXIS BANK S NOT EXECUTED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Ultratech

2056.35 114.77 2005.70 50.65 2.53

L& T 1632.80 1891.20 1595.75 37.05 2.32

Sun Pharma

723.50 1677.50 708.65 14.85 2.10

Infosys 2536.25 1135.54 2488.20 48.05 1.93

Ranbaxy

Labs. 538.30 890.49 528.20 10.10 1.91

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHA

NGE

GAIL India 381.05 1565.59 391.45 -10.40 -2.66

Bharti Airtel

265.30 4150.90 270.45 -5.15 -1.90

BHEL 250.25 4740.41 254.35 -4.10 -1.61

Hindalco 118.65 6554.31 120.50 -1.85 -1.54

Siemens 713.40 138.63 722.40 -9.00 -1.25

Page 4: DAILY EQUITY REPORT BY EPIC RESEARCH- 10 OCTOBER 2012

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

APOLLO TYRE SELL 85.45 84.75 83.75 86.15

UNITED BREWERIES BUY 716.00 723.00 730.00 709.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

VOLTAS BUY 126.30 127.30 128.80 125.30

BHARTI AIRTEL SELL 265.25 263.25 260.25 267.25

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.