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HEADLINES Indian Market Indian equity markets were up 0.60% Nifty up by 26.10 pts and settle at 5930.20 Sensex up by 116.68 pts at 19504.18 Bank Nifty down by 47.65 pts at 12561.50 Global Market European markets were down with FTSE down by 6.38 closed at 6451 ,CAC down by 12.86 closed at 3855 and DAX up 43.71 closed at 7917 Dow future was down by 8 closed at 14740.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 2 ND MAY 2013 HEADLINES Unilever offer for 22.5% in Hindustan Unilever at Rs 600 Finance Bill to be tabled on Tuesday with 12 amendments Coalgate case: Why was court kept in the dark, says SC OMCs may cut petrol prices by Rs 1.50- 2/ltr effective May 1

Daily equity-report by epic research 2 may 2013

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Page 1: Daily equity-report by epic research 2 may 2013

-=6 HEADLINES

Indian Market

Indian equity markets were up 0.60%

Nifty up by 26.10 pts and settle at 5930.20

Sensex up by 116.68 pts at 19504.18

Bank Nifty down by 47.65 pts at 12561.50

Global Market

European markets were down with FTSE down by 6.38 closed at 6451 ,CAC down by 12.86 closed at 3855 and DAX up 43.71 closed at 7917

Dow future was down by 8 closed at

14740.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

2ND MAY 2013

HEADLINES

• Unilever offer for 22.5% in Hindustan

Unilever at Rs 600

• Finance Bill to be tabled on Tuesday

with 12 amendments

• Coalgate case: Why was court kept in

the dark, says SC

•OMCs may cut petrol prices by Rs 1.50-

2/ltr effective May 1

Page 2: Daily equity-report by epic research 2 may 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 29-Apr-13 2855.4 2235.02 620.38

DII 29-Apr-13 1014.58 1380.78 -366.2

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6204 6109 6014 5972 5919 5877 5824 5729 5634

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices edged higher in volatile after the Lok Sabha passed the Finance Bill for the

2013-14 fiscal year. The market breadth, indicating the overall health of the market, was negative. The

barometer index, the S&P BSE Sensex, was provisionally up 102.07 points or 0.53%, off about 130

points from the day's high and up close to 170 points from the day's low. Index heavyweight and

cigarette major ITC edged higher. Index heavyweight Reliance Industries (RIL) edged lower in choppy

trade. Indian stocks gained for the second straight day today, 30 April 2013

FMCG major Hindustan Unilever (HUL) surged over 17% to hit record high after the company's

foreign parent Unilever PLC announced open offer to acquire additional 48.70 crore shares, or 22.52%

stake in Hindustan Unilever at substantial premium to the ruling market price. Godrej Consumer

Products (GCPL) declined after reporting its Q4 results. Dabur India hit record high on good Q4

results. Realty stocks fell on profit booking after recent gains triggered by rate cut expectations.

Petronet LNG rose after Q4 results.

The the Finance Bill for the 2013-14 fiscal year was passed by Lok Sabha today, 30 April 2013, with

some amendments and without debate after Opposition walkout. The bill now go to Rajya Sabha and

then to the President for his assent. Among a key amendment, Finance Minister P Chidambaram cut

the withholding tax on interest payments to foreigners on government and corporate debt to 5% from

up to 20% for a two-year period from 1 June 2013 to 31 May 2015.

STOCKS TO WATCH

TCS

INFOSYS

MARUTI

LIC

SCRIPS IN BAN PERIOD

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

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5900

Resistance: 5960

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 12500

Resistance: 12620

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH OMGC B SL TRIGERRED

CASH ALLAHBAD

BANK B SL TRIGERRED

FUTURE ANDHRA

BANK S TGT HIT

FUTURE APOLLO TYRE B TGT HIT

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

HUL 583.80 19185.54 497.35 86.45 17.38

HCL 721.40 1846.74 700.80 20.60 2.94

M & M 924.10 1240.92 902.20 21.90 2.43

Lupin 702.60 588.63 686.60 16.00 2.33

Sesa Goa

158.75 2624.07 155.20 3.55 2.29

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

IDFC 152.95 5352.15 156.85 -3.9 -2.49

JP Associate

75.25 18956.03 77.05 -1.8 -2.34

PNB 767.9 547.29 784.8 -16.9 -2.15

Indusind Bank

467.75 1179.4 477.7 -9.95 -2.08

HDFC 847.6 2710.73 864.2 -16.6 -1.92

Page 4: Daily equity-report by epic research 2 may 2013

6

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

AMBUJA BUY 187.00 188.00 189.00 186.00

IDBI BUY 89.00 90.00 91.00 88.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

HCL BUY 723.00 729.00 735.00 715.00

KARNATAKA BANK BUY 150.00 151.00 152.00 149.00

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