daily equity-report by epic research 3 may 2013

4
HEADLINES Indian Market Indian equity markets were up 1.17% Nifty up by 69.15 pts and settle at 5999.35 Sensex up by 231.59 pts at 19735.77 Bank Nifty up by 148.45 pts at 12710.00 Global Market European markets were down with FTSE down by 9.95 closed at 6441 ,CAC down by 10.43 closed at 3846 and DAX up 25.02 closed at 7938 Dow future was up by 23 closed at 14659.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 3 RD MAY 2013 HEADLINES Bharti Airtel Q4 disappoints, net up 79% to Rs 509 cr Maruti, TVS, Tata Motor slip as April sales stay sluggish Excise duty hike on SUVs to stay, M&M to overhaul portfolio Working to save small investors from ponzi scheme: UK Sinha

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Page 1: Daily equity-report by epic research 3 may 2013

-=6 HEADLINES

Indian Market

Indian equity markets were up 1.17%

Nifty up by 69.15 pts and settle at 5999.35

Sensex up by 231.59 pts at 19735.77

Bank Nifty up by 148.45 pts at 12710.00

Global Market

European markets were down with FTSE down by 9.95 closed at 6441 ,CAC down by 10.43 closed at 3846 and DAX up 25.02 closed at 7938

Dow future was up by 23 closed at

14659.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

3RD MAY 2013

HEADLINES

• Bharti Airtel Q4 disappoints, net up 79%

to Rs 509 cr

• Maruti, TVS, Tata Motor slip as April

sales stay sluggish

• Excise duty hike on SUVs to stay, M&M

to overhaul portfolio

• Working to save small investors from

ponzi scheme: UK Sinha

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

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 30-Apr-13 3692.7 2815.77 876.93

DII 30-Apr-13 1119.32 1466.49 -347.17

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6303 6194 6085 6042 5976 5933 5867 5758 5649

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices edged higher as index heavyweights ITC and Reliance Industries (RIL) rose.

The barometer index, the S&P BSE Sensex, was provisionally up 229.58 points or 1.18%, up close to

280 points from the day's low and off about 60 points from the day's high. The market breadth,

indicating the overall health of the market, was positive. Indian stocks gained for the third straight day

today, 2 May 2013.

Interest rate sensitive banking and realty stocks rose on expectations that the Reserve Bank of India will

cut its key policy rate viz. the repo rate in its monetary policy review tomorrow, 3 May 2013 to boost

economic growth amid slowing wholesale price inflation. Kotak Mahindra Bank rose on strong Q4

results. Reliance Anil Dhirubhai Ambani (ADA) Group shares surged.

The market moved into the positive terrain after opening lower. The Sensex extended initial gains to hit

fresh intraday high in morning trade. The market strengthened further to hit fresh intraday high in mid-

morning trade. The uptrend on the bourses continued as key benchmark indices hit fresh intraday high

in early afternoon trade. Key benchmark indices hit fresh intraday high in afternoon trade. The Sensex

hit its highest level in more than 12 weeks. The 50-unit CNX Nifty hit its highest level in more than 12

weeks above the psychological 6,000 mark. The market held firm in mid-afternoon trade. The market

trimmed intraday gains in late trade.

STOCKS TO WATCH

BAJAJ AUTO

CAIRN INDIA

TCS

INFOSYS

SCRIPS IN BAN PERIOD

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

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5950

Resistance: 6030

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 12650

Resistance: 12770

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH AMBUJA B TGT HIT

CASH IDBI B TGT HIT

FUTURE HCL B TGT HIT

FUTURE KARNATAKA

BANK 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 3 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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