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HEADLINES Indian Market Indian equity markets up 0.61%. Nifty up 32.45 pts and settle at 5380.35 Sensex up 94.75 pts at 17728.20 Bank Nifty up 117.85 pts at 10519.15 Global Market European markets were up with FTSE up by 25.67 pts at 5857.55, CAC up by 21.20 pts at 3447.61 and DAX up 67.59 pts at 6977.27 Dow future up 44.00 pts at 13181.00 Upcoming Quarterly Results Best and Crompt GDL Leasing Jagson Airlines JCT Electronics Kothari World Rubber Products WWW.EPICRESEARCH.CO 09993959693 DAILY EQUITY NEWSLETTER 16 TH AUGUST 2012 HEADLINES Only 1/3rd of India's slowdown due to rate hikes: RBI Hindalco Q1 net drops 34% on higher input cost Reliance Infra Q1 net profit declines 24% to Rs 327 cr Essar Oil Q1 loss higher than forecast at Rs 1,400 cr

DAILY EQUITY REPORT BY EPIC RESEARCH-16 AUGUST 2012

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Page 1: DAILY EQUITY REPORT BY EPIC RESEARCH-16 AUGUST 2012

HEADLINES

Indian Market

Indian equity markets up 0.61%.

Nifty up 32.45 pts and settle at 5380.35

Sensex up 94.75 pts at 17728.20

Bank Nifty up 117.85 pts at 10519.15

Global Market

European markets were up with FTSE up

by 25.67 pts at 5857.55, CAC up by 21.20

pts at 3447.61 and DAX up 67.59 pts at

6977.27

Dow future up 44.00 pts at 13181.00

Upcoming Quarterly

Results

Best and Crompt

GDL Leasing

Jagson Airlines

JCT Electronics

Kothari World

Rubber Products

WWW.EPICRESEARCH.CO 09993959693

DAILY EQUITY NEWSLETTER

16TH AUGUST 2012

HEADLINES

• Only 1/3rd of India's slowdown due to

rate hikes: RBI

• Hindalco Q1 net drops 34% on higher

input cost

• Reliance Infra Q1 net profit declines

24% to Rs 327 cr

• Essar Oil Q1 loss higher than forecast

at Rs 1,400 cr

Page 2: DAILY EQUITY REPORT BY EPIC RESEARCH-16 AUGUST 2012

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 14-Aug-12 1971.71 1713.5 258.21

DII 14-Aug-12 1006.49 930.77 75.72

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5575 5514 5453 5429 5392 5368 5331 5270 5209

WWW.EPICRESEARCH.CO 09993959693

MARKET ANALYSIS:

The benchmark index Nifty closed near 5-month high surpassing barrier of 5350 mark and setting positive undertone for the market in the near term. The market shrugged off gloomy trade deficit data

and gave thumbs up to lower than expected monthly inflation data. India's wholesale price index (WPI) rose a lower-than-expected 6.87% in July from a year earlier,

Banking stocks were the biggest beneficiary from inflation data as it also sparked hopes of rate cut from the Reserve Bank of India. Bank Nifty locked 1% gain.

Beaten down stocks post tepid quarterly results were leading the rally in Nifty today. Tata Motors,

Ranbaxy, Tata Steel closed with hefty gains of over 2%. SBI and Bharti Airtel were exceptions in that list.

Amara Raja Batteries was the star performer of the day. India’s second largest battery manufacturer reported close to 100% jump in bottom line. The operating performance of the company was equally strong. The stock closed at life time high.

Reliance Infrastructure's standalone net profit fell 24% year-on-year to Rs 327 crores in the quarter ended June 2012 despite sharp jump in other income.

The world's largest aluminium rolling company Hindalco Industries' net profit fell 34% year-on-year to Rs 425 crores in the June quarter. Analysts on an average had forecasted PAT of Rs 518 crores.

STOCKS TO WATCH AXIS BANK

OBC

JSW STEEL

KOTAK BANK

HAVELLS

SCRIPS IN BAN PERIOD

SUZLON

ALOK TEXT

COREEDUTEC

Page 3: DAILY EQUITY REPORT BY EPIC RESEARCH-16 AUGUST 2012

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www.epicresearch.co 09993959693

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EXPERT OPINION

NIFTY

Nifty looks bullish

Strategy: Buy on dips

Support:5335

Resistance:5435

BANK NIFTY

Bank Nifty looks bullish

Strategy: Buy on dips

Support: 10575

Resistance:10455

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH UNITED BREWERIES

B NT EXECUTED

CASH ICICI BANK B TGT ACHIEVED

FUTURE UNITED SPIRITS

S NT EXECUTED

FUTURE HAVELLS S SL HIT

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHANGE

%

CHANGE

Ranbaxy

500.65 684.71 484.05 16.6 3.43

Tata Motors

235 8446.63 228.25 6.75 2.96

Tata Steel

406.1 6584.17 395.45 10.65 2.69

Jindal

Steel 418 1639.52 407.6 10.4 2.55

IDFC 136.5 4956.59 133.1 3.4 2.55

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET %

CHANGE

Sun Pharma 667.3 1447.15 682 -14.7 -2.16

HDFC 702.85 2670.43 716.35 -13.5 -1.88

Siemens 661.65 472.15 670.1 -8.45 -1.26

BPCL 346.45 401.76 350.65 -4.2 -1.2

Bajaj Auto 1688.6 179.47 1708.5 -19.9 -1.16

Page 4: DAILY EQUITY REPORT BY EPIC RESEARCH-16 AUGUST 2012

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET 3RD

TARGET STOP LOSS

AXIS BANK BUY 1110.00 1118.00 1126.00 1135.00 1100.00

LT SELL 1425.00 1417.00 1408.00 1400.00 1435.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET 3RD

TARGET STOP LOSS

JSW STEEL BUY 752.00 756.00 760.00 764.00 748.00

KOTAK BANK BUY 590.00 594.00 598.00 602.00 585.00

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