daily equity-report by epic research 24 jan 2013

4
HEADLINES Indian Market Indian equity markets down by 0.03% Nifty up by 6.00 pts and settle at 6054.00 Sensex up by 54.00 pts at 20026.00 Bank Nifty up by 120.00 pts at 12728.00 Global Market European markets were up with FTSE up by 18.47 closed at 6196 ,CAC down by 14.84 closed at 3726 and DAX up by 11.33 closed at 7707. Dow future was down 4.00 closed at 13715.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 24 TH JANUARY 2013 HEADLINES Bharti group to expand in Africa: Sunil Mittal Imported coal price, Barmer plant boost Q3: JSW Energy Tata Motors tumbles on JLR margin warning Bharti Airtel raises call prices, rivals seen following

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Page 1: Daily equity-report  by epic research 24 jan 2013

-=6 HEADLINES

Indian Market

Indian equity markets down by 0.03%

Nifty up by 6.00 pts and settle at 6054.00

Sensex up by 54.00 pts at 20026.00

Bank Nifty up by 120.00 pts at 12728.00

Global Market

European markets were up with FTSE up by 18.47 closed at 6196 ,CAC down by 14.84 closed at 3726 and DAX up by 11.33 closed at 7707.

Dow future was down 4.00 closed at

13715.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

24TH JANUARY 2013

HEADLINES

• Bharti group to expand in Africa: Sunil

Mittal

• Imported coal price, Barmer plant boost

Q3: JSW Energy

• Tata Motors tumbles on JLR margin

warning

• Bharti Airtel raises call prices, rivals seen

following

Page 2: Daily equity-report  by epic research 24 jan 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 23-Jan-13 3525.59 2722.97 802.62

DII 23-Jan-13 952.28 1804.61 -852.33

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6203 6145 6087 6052 6029 5994 5971 5913 5885

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices eked out small gains in a volatile session of trade as European stocks edged

higher ahead of a vote to increase the US debt ceiling.

BSE Sensex advanced 45.04 points or 0.23% to settle at 20,026.61.

S&P CNX Nifty advanced 5.80 points or 0.1% to 6,054.30.

Among the 30-share Sensex pack, 16 rose while the rest of them fell.

PSU OMCs fell as US crude oil futures rose on speculation that the United States will lift its debt limit.

BPCL (down 1.87%), HPCL (down 1.54%) and Indian Oil Corporation (down 2.27%), edged lower.

HUL's decision increase the rate of royalty to the parent firm weighed on other MNC FMCG stocks.

Nestle India, Colgate-Palmolive (India) and Procter & Gamble Hygiene and Health Care dropped 2.8%

to 4.2%.IT stocks were mixed. TCS declined 0.35%.Wipro expects revenues from IT Services business

at $1.585 billion to $1.625 billion in Q4 March 2013. Polaris Financial Technology lost 6.85% after

consolidated net profit fell 26.24% to Rs 40.66 crore on 4.37% decline in net sales to Rs 572.88 crore

in Q3 December 2012 over Q2 September 2012. Metal stocks edged lower. Sterlite Industries (India)

(down 0.09%), JSW Steel (down 0.41%), Jindal Steel & Power (down 0.52%), Sail (down 0.99%),

Hindalco Industries (down 2.93%) and Hindustan Zinc (down 1.46%) declined. Larsen & Toubro rose

0.69% to Rs 1,562.95 ahead of its Q3 December 2012 results tomorrow, 24 January 2013.

STOCKS TO WATCH

VOLTAS

UFLEX

LOVABLE

TATA MOTORS

SCRIPS IN BAN PERIOD

RENUKA IBREALEST

PUNJLLOYD

SUZLON

HDIL

KTKBANK

Page 3: Daily equity-report  by epic research 24 jan 2013

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Consolidate

Strategy: Sell on rise

Support: 6010

Resistance: 6090

BANK NIFTY

Bank Nifty looks Consolidate

Strategy: Sell on rise

Support: 12650

Resistance: 12790

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH JET AIRWYS B TGT

ACHEIVED

CASH ABAN B TGT

ACHEIVED

FUTURE PFC B NOT

EXECUTED

FUTURE JP

ASSOCIATE B

TGT ACHEIVED

UPCOMING RESULTS

ANDHRA BANK

ASHOK LEYLAND

BIOCON

L&T

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

ONGC 338.05 6154.81 333.20 4.85 1.46

TCS 1330.00 505.16 1311.95 18.05 1.38

HUL 465.75 1105.47 460.05 5.70 1.24

ITC 296.00 4466.78 292.75 3.25 1.11

Wipro 405.40 679.68 401.75 3.65 0.91

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Tata Motors

288.65 20639.12 313.05 -24.40 -7.79

JP Associate

83.85 10725.81 87.70 -3.85 -4.39

GAIL India

352.95 1180.44 365.95 -13.00 -3.55

IDFC 166.70 1681.05 171.75 -5.05 -2.94

M &M 859.80 384.61 881.95 -22.15 -2.51

Page 4: Daily equity-report  by epic research 24 jan 2013

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

MCLEOD BUY 349.00 352.00 355.00 346.00

BHARTI AIRTEL BUY 368.00 371.00 374.00 365.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

JP ASSOCIATE SELL 87.00 86.25 85.50 87.75

ADANI ENT SELL 268.00 266.50 265.00 269.50

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