daily-equity-report by epic research 13 march 2013

4
HEADLINES Indian Market Indian equity markets were down 0.48% Nifty down by 28.25 pts and settle at 5914.10 Sensex down by 81.29 pts at 19564.92 Bank Nifty down by 110.90 pts at 12054.50 Global Market European markets were up with FTSE up by 0.28 closed at 6503 ,CAC up by 2.32 closed at 3838 and DAX down by 3.63 closed at 7980. Dow future was down 27.00 closed at 14417.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 13 TH MARCH 2013 HEADLINES JSustaining export growth in weak global economy tough: RBSUpbeat Jan IIP, dismal CPI: Where does this leave RBI? FY14 also likely to be difficult for auto industry: SIAM Aim of $60-65m annual rev with EBITDA at 22-25%: Subex IL&FS Engineering rises 8% on EPC order of Rs 1,436 cr

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Page 1: DAILY-EQUITY-REPORT BY EPIC RESEARCH 13 MARCH 2013

-=6 HEADLINES

Indian Market

Indian equity markets were down 0.48%

Nifty down by 28.25 pts and settle at 5914.10

Sensex down by 81.29 pts at 19564.92

Bank Nifty down by 110.90 pts at 12054.50

Global Market

European markets were up with FTSE up by 0.28 closed at 6503 ,CAC up by 2.32 closed at 3838 and DAX down by 3.63 closed at 7980.

Dow future was down 27.00 closed at

14417.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER 13 TH MARCH 2013

HEADLINES

• JSustaining export growth in weak global

economy tough: RBSUpbeat Jan IIP,

dismal CPI: Where does this leave RBI?

• FY14 also likely to be difficult for auto

industry: SIAM

• Aim of $60-65m annual rev with EBITDA

at 22-25%: Subex

• IL&FS Engineering rises 8% on EPC

order of Rs 1,436 cr

Page 2: DAILY-EQUITY-REPORT BY EPIC RESEARCH 13 MARCH 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 12-Mar-13 2740.66 2007.41 733.25

DII 12-Mar-13 625.67 1503.05 -877.38

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6096 6037 5978 5946 5919 5887 5860 5801 5742

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices snapped four day winning streak after the Reserve Bank of India (RBI)

governor Dr. D. Subbarao on Friday, 8 March 2013, said that RBI doesn't accept high inflation as

normal and believes that stable prices are critical for sustained economic growth. Political worries also

weighed on the bourses after the DMK on Saturday, 9 March 2013, warned the UPA government that

it would not remain a mute spectator if the Centre continued to toe a soft line on the Sri Lanka issue.

Weakness in European stocks also hit sentiment adversely on the domestic bourses. The barometer

index, the 30-share S&P BSE Sensex, was provisionally down 74.47 points or 0.38%, off about 145

points from the day's high and up close to 5 points from the day's low. The market breadth was

negative. Key benchmark indices edged lower in choppy trade after the latest data showed that the

consumer price inflation edged up further in February 2013. The barometer index, the 30-share S&P

BSE Sensex, was provisionally down 110.53 points or 0.56%, up about 30 points from the day's low

and off close to 160 points from the day's high. The market breadth was negative. Indian stocks

declined for the second straight trading session today, 12 March 2013.

BSE Sensex was down 110.53 points or 0.56% to 19,535.68.

CNX Nifty was down 36.60 points or 0.62% to 5,905.55

Among the 30-share Sensex pack, 23 stocks fell while rest of them rose.

STOCKS TO WATCH

APOLLO TYRE

RELIANCE POWER

BATA INDIA

HEXAWARE

SCRIPS IN BAN PERIOD

HDIL

Page 3: DAILY-EQUITY-REPORT BY EPIC RESEARCH 13 MARCH 2013

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5880

Resistance: 5960

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 12000

Resistance: 12140

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH ADANI POWER

B TARGET HIT

CASH JSW STEEL S SL TRIGERRED

FUTURE ANDHRA

BANK B SL TRIGERRED

FUTURE RELIANCE

INFRA S

NOT EXECUTED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Ranbaxy Labs.

417.65 1311.73 407.45 10.20 2.50

Ambuja Cement

190.00 2607.03 187.10 2.90 1.55

ACC 1286.35 560.66 1268.75 17.60 1.39

HUL 444.45 3055.79 439.05 5.40 1.23

Tata Motors

304.70 7907.95 301.55 3.15 1.04

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Cairn India

297.80 2422.93 307.50 -9.70 -3.15

Tata Power

98.05 2884.02 101.15 -3.10 -3.06

BHEL 200.75 2029.48 205.50 -4.75 -2.31

Bharti Airtel

314.55 2450.60 321.35 -6.80 -2.12

Siemens 552.50 391.29 562.55 -10.05 -1.79

Page 4: DAILY-EQUITY-REPORT BY EPIC RESEARCH 13 MARCH 2013

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

HEXAWARE BUY 94.50 95.50 96.50 93.50

APOLLO TYRE SELL 86.00 85.50 85.00 86.50

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

BATA INDIA BUY 783.00 791.00 799.00 775.00

RELIANCE POWER SELL 74.70 74.20 73.70 75.30

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