daily equity report by epic research-14th march 2013

4
HEADLINES Indian Market Indian equity markets were down 1.06% Nifty down by 62.90 pts and settle at 5851.20 Sensex down by 202.37 pts at 19362.55 Bank Nifty down by 195.70 pts at 11858.80 Global Market European markets were down with FTSE down by 41.05 closed at 6469 ,CAC down by 14.33 closed at 3825 and DAX down by 13.25 closed at 7952. Dow future was down 11.00 closed at 14439.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 14 TH MARCH 2013 HEADLINES Economy to return to robust growth path in 2-3 years: PM Tata Steel's Canadian deal positive: Deutsche Tata Motors slips on slower growth at JLR NMDC may divest 50% in Chhattisgarh plant, stock up 2%

Post on 20-Oct-2014

318 views

Category:

Business


0 download

DESCRIPTION

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market. --

TRANSCRIPT

Page 1: DAILY EQUITY REPORT BY EPIC RESEARCH-14th March 2013

-=6 HEADLINES

Indian Market

Indian equity markets were down 1.06%

Nifty down by 62.90 pts and settle at 5851.20

Sensex down by 202.37 pts at 19362.55

Bank Nifty down by 195.70 pts at 11858.80

Global Market

European markets were down with FTSE down by 41.05 closed at 6469 ,CAC down by 14.33 closed at 3825 and DAX down by 13.25 closed at 7952.

Dow future was down 11.00 closed at

14439.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

14TH MARCH 2013

HEADLINES

• Economy to return to robust growth path

in 2-3 years: PM

• Tata Steel's Canadian deal positive:

Deutsche

• Tata Motors slips on slower growth at

JLR

• NMDC may divest 50% in Chhattisgarh

plant, stock up 2%

Page 2: DAILY EQUITY REPORT BY EPIC RESEARCH-14th March 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 13-Mar-13 2508.12 2204.29 303.83

DII 13-Mar-13 687.28 1121.66 -434.38

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 edged lower on weak global cues. The market breadth was weak. The

barometer index, the 30-share S&P BSE Sensex, and the 50-unit CNX Nifty, both, settled at their

lowest level in a week. The Sensex fell 202.37 points or 1.03%, off close to 149 points from the day's

high and up about 24 points from the day's low. The BSE Mid-Cap index fell 1% while the BSE Small-

Cap index lost more than 1%.

The market edged lower in early trade on weak Asian stocks. The Sensex, and the 50-unit CNX Nifty,

both, hit their lowest level in almost a week. Weakness continued on the bourses in morning trade. The

Sensex hovered in negative terrain in mid-morning trade. Weakness continued on the bourses in early

afternoon trade. The market extended intraday losses in afternoon trade. Weakness continued on the

bourses in mid-afternoon trade. The market extended losses to hit fresh intraday low in late trade.

BSE Sensex fell 202.37 points or 1.03% to 19,362.55

CNX Nifty fell 62.90 points or 1.06% to 5,851.20

Among the 30-share Sensex pack, 22 stocks fell while rest of them rose.

The Finance Minister on 28 February 2013 said that the government will provide Rs 14000 crore for

capital infusion in public sector banks in FY 2014.In Union Budget 2013-14 announced on 28

February 2013, the finance minister (FM) set a target of Rs 7 lakh crore for agricultural credit in FY

2014.

STOCKS TO WATCH

APOLLO TYRE

RELIANCE POWER

BATA INDIA

HEXAWARE

SCRIPS IN BAN PERIOD

HDIL

PUNJLLYOD

Page 3: DAILY EQUITY REPORT BY EPIC RESEARCH-14th March 2013

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5800

Resistance: 5900

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 11800

Resistance: 11940

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH HEXAWARE B NOT

EXECUTED

CASH APOLLO TYRE S SL TRIGERRED

FUTURE BATA INDIA B NOT

EXECUTED

FUTURE RELIANCE POWER

S NOT

EXECUTED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Sun Pharma

837.40 1062.78 827.35 10.05 1.21

ITC 301.65 7471.69 298.85 2.80 0.94

Bharti Airtel

317.30 4156.25 314.55 2.75 0.87

Asian Paints

4790.80 145.31 4752.40 38.40 0.81

HCL Tech.

778.60 1527.28 773.45 5.15 0.67

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Hindalco 95.80 14201.07 99.45 -3.65 -3.67

ICICI Bank

1085.70 2677.15 1123.10 -37.40 -3.33

Jindal Steel

354.10 2173.37 365.75 -11.65 -3.19

Bajaj Auto

1895.40 458.44 1955.95 -60.55 -3.10

Maruti Suzuki

1374.25 328.46 1417.00 -42.75 -3.02

Page 4: DAILY EQUITY REPORT BY EPIC RESEARCH-14th March 2013

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

VOLTAS BUY 84.90 85.90 86.90 83.90

IOB SELL 71.00 61.50 61.00 71.50

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

SUN PHARMA BUY 842.00 846.00 850.00 838.00

PFC SELL 190.00 189.00 188.00 191.00

Disclaimer

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility

The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.

The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

All Rights Reserved. Investment in equity & bullion market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.