daily-equity-report by epic research 26 april 2013

4
HEADLINES Indian Market Indian equity markets were up 1.36% Nifty up by 79.40 pts and settle at 5916.30 Sensex up by 227.49 pts at 19406.85 Bank Nifty up by 183.50 pts at 12726.90 Global Market European markets were up with FTSE up by 7.84 closed at 6439 ,CAC up by 9.37 closed at 3852 and DAX up 51.71 closed at 7810 Dow future was up by 11 closed at 14626.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 26 TH APRIL 2013 HEADLINES Coal price pooling hard to put in practice: ex-CIL CMD Axis Bank appoints KPMG for money laundering inquiry AirAsia India files application to launch operations JSW Steel plans to bid for iron ore blocks in Karnataka

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Page 1: DAILY-EQUITY-REPORT BY EPIC RESEARCH 26 APRIL 2013

-=6 HEADLINES

Indian Market

Indian equity markets were up 1.36%

Nifty up by 79.40 pts and settle at 5916.30

Sensex up by 227.49 pts at 19406.85

Bank Nifty up by 183.50 pts at 12726.90

Global Market

European markets were up with FTSE up by 7.84 closed at 6439 ,CAC up by 9.37 closed at 3852 and DAX up 51.71 closed at 7810

Dow future was up by 11 closed at

14626.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

26TH APRIL 2013

HEADLINES

• Coal price pooling hard to put in practice:

ex-CIL CMD

• Axis Bank appoints KPMG for money

laundering inquiry

• AirAsia India files application to launch

operations

• JSW Steel plans to bid for iron ore

blocks in Karnataka

Page 2: DAILY-EQUITY-REPORT BY EPIC RESEARCH 26 APRIL 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 25-Apr-13 6226.62 4776.92 1449.7

DII 25-Apr-13 1054.58 2324.01 -1269.43

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5982 5929 5876 5856 5823 5803 5770 5717 5664

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices gained for fourth straight session of trade as the market sentiment was boosted

by data showing that foreign funds remained net buyers of Indian stocks on Tuesday, 23 April 2013.

The barometer index, the S&P BSE Sensex settled at almost six week high. The 50-unit CNX Nifty

settled at over 6-1/2 week high. The Sensex was up 227.49 points or 1.19%, off 28 points from the

day's high and up 214.74 points from the day's low. The market breadth, indicating the overall health

of the market, was positive.

Indian stocks gained for the fourth straight day today, 25 April 2013. The Sensex has risen 675.69

points or 3.61% in four trading days from its close of 18,731.16 on 17 April 2013. The Sensex has

risen 571.08 points or 3.03% in this month so far (till 25 April 2013). The Sensex has declined 19.86

points or 0.1% in calendar 2013 so far (till 25 April 2013). From a 52-week high of 20,203.66 on 29

January 2013, the Sensex has declined 796.81 points or 3.94%. From a 52-week low of 15,748.98 on 4

June 2012, the Sensex has surged 3,657.87 points or 23.23%

Coming back to today's trade, index heavyweight Reliance Industries (RIL) edged higher in choppy

trade. Another index heavyweight and cigarette major ITC hit record high in volatile trade. Auto stocks

rose as slowing wholesale price inflation has raised rate cut expectations. Aviation stocks were in

demand. Jet Airways (India) surged nearly 10% after United Arab Emirates-based Etihad Airways on

Wednesday, 24 April 2013, agreed to pick up a 24% strategic stake in the Indian carrier at a huge

premium to the ruling market price.

STOCKS TO WATCH

TCS

INFOSYS

AXIS BANK

SUN PHARMA

SCRIPS IN BAN PERIOD

RENUKA

HDIL

Page 3: DAILY-EQUITY-REPORT BY EPIC RESEARCH 26 APRIL 2013

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5870

Resistance: 5960

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 12660

Resistance: 12800

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH CAIRN INDIA S NOT

EXECUTED

CASH ALLAHBAD

BANK B TGT HIT

FUTURE AMBUJA B TGT HIT

FUTURE APOLLO TYRE B SL TRIGERRED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Dr Reddys

1992.50 1084.75 1901.50 91.00 4.79

GAIL India

344.40 1461.36 330.05 14.35 4.35

Tata Motors

293.30 9750.91 281.50 11.80 4.19

NTPC 155.25 18633.14 149.05 6.20 4.16

Axis Bank

1503.40 3878.35 1444.80 58.60 4.06

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

TCS 1402.30 3964.60 1430.55 -28.25 -1.97

DLF 242.45 6308.81 246.90 -4.45 -1.80

HCL Tech. 719.05 1995.56 732.15 -13.10 -1.79

Infosys 2227.70 1720.29 2262.25 -34.55 -1.53

JP Associate

77.45 24855.75 78.40 -0.95 -1.21

Page 4: DAILY-EQUITY-REPORT BY EPIC RESEARCH 26 APRIL 2013

6

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

AUROBINDO PHARMA

BUY 192.00 193.00 194.00 191.00

IDFC BUY 159.20 160.20 161.20 158.20

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

HEXAWARE SELL 84.20 83.20 82.20 85.20

WIPRO SELL 334.50 332.50 330.50 336.50

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