daily equity-report by epic research 1 april 2013
TRANSCRIPT
-=6 HEADLINES
Indian Market
Indian equity markets were up 0.73%
Nifty up by 40.95 pts and settle at 5682.55
Sensex up by 131.24 pts at 18835.77
Bank Nifty up by 198.40 pts at 11361.85
Global Market
European markets were up with FTSE up by 24.18 closed at 6411 ,CAC up by 19.78 closed at 3731 and DAX up by 6.22 closed at 7795.
Dow future was up 65.00 closed at
14510.00
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DAILY EQUITY NEWSLETTER
1ST APRIL 2013
HEADLINES
• Current account deficit rises to alarming
6.7% in Q3
• FinMin clarifies taxation rules for
development centres
• Keeping NBFCs under RBI purview
makes no sense
• BHEL exits Udangudi Power Corp joint
venture
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 26-Mar-13 2898.54 2360.27 538.27
DII 26-Mar-13 928.57 1052.78 -124.21
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 5923 5835 5747 5714 5659 5626 5571 5483 5395
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MARKET ANALYSIS:
Key benchmark indices surged amid choppy trade on the last trading session of March 2013. High
volatility was witnessed on the bourses as traders rolled over positions in the futures & options (F&O)
segment from the near month March 2013 series to April 2013 series. The March 2013 F&O contracts
expired today, 28 March 2013. The barometer indices, the S&P BSE Sensex and the 50-unit CNX
Nifty, both, attained their highest closing level in over one week. The Sensex jumped 131.24 points or
0.7%, off close to 50 points from the day's high and up about 270 points from the day's low. The
market breadth was positive. Index heavyweight and cigarette maker ITC extended intraday gains in
late trade. Another index heavyweight Reliance Industries (RIL) edged lower in choppy trade. Bank
stocks rose. Capital goods stocks rose on bargain hunting after recent losses. Metal stocks surged in
late trade.
Indian stocks edged higher for the second straight trading session today, 28 March 2003 From a recent
low of 18,681.42 on 25 March 2013, the Sensex has gained 154.35 points or 0.82% in two trading
sessions. The Sensex shed 25.77 points or 0.13% in March 2013. The Sensex declined 590.94 points or
3.04% in Q4 March 2013. The Sensex has gained 1,431.57 points or 8.22% in the year ending 31
March 2013 (FY 2013). The Sensex has declined 590.94 points or 3.04% in calendar 2013 so far (till
28 March 2013). From a 52-week high of 20,203.66 on 29 January 2013, the Sensex has declined
1,367.89 points or 6.77%. From a 52-week low of 15,748.98 on 4 June 2012, the Sensex has surged
3,086.79 points or 19.59%.
STOCKS TO WATCH
IDBI
IDEA CELLULAR
ITC
TCS
SCRIPS IN BAN PERIOD
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.
EXPERT OPINION
NIFTY
Nifty looks Bearish
Strategy: Sell on rise
Support: 5600
Resistance: 5720
BANK NIFTY
Bank Nifty looks Bearish
Strategy: Sell on rise
Support: 11300
Resistance: 11420
460
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH ADANI POWER
S TARGET HIT
CASH APOLLO TYRE B NOT
EXECUTED
FUTURE ANDHRA
BANK S TARGET HIT
FUTURE KARNATAKA
BANK S TARGET HIT
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
GAIL India
318.25 2926.83 303.75 14.5 4.77
Siemens 548.65 851.69 527.3 21.35 4.05
Hindalco 91.6 13010.05 88.2 3.4 3.85
Ambuja Cement
174.2 5148.86 168.75 5.45 3.23
IDFC 143.6 7043.72 139.85 3.75 2.68
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
Tata Motors
269.15 14523.99 275.80 -6.65 -2.41
Hero MotoCorp
1542.00 634.55 1571.85 -29.85 -1.90
Cairn India
272.45 7779.59 277.50 -5.05 -1.82
Bharti Airtel
291.75 4467.33 296.90 -5.15 -1.73
Jindal Steel
347.75 3642.49 352.95 -5.20 -1.47
6
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
STERLITE BUY 94.00 94.50 95.00 93.50
APOLLO TYRE BUY 83.70 84.20 84.70 83.20
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
ANDHRA BANK BUY 94.75 95.25 95.75 94.25
KARNATAKA BANK BUY 130.80 131.30 132.80 129.30
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