daily equity-report by epic research 1 april 2013

4
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 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 1 ST 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

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Page 1: Daily equity-report by epic research 1 april 2013

-=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

WWW.EPICRESEARCH.CO 09752199966

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

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

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

WWW.EPICRESEARCH.CO 09752199966

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

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

WWW.EPICRESEARCH.CO 09752199966

.

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

Page 4: Daily equity-report by epic research 1 april 2013

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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