daily-equity-report by epic research 18 march 2013
DESCRIPTION
ÂTRANSCRIPT
-=6 HEADLINES
Indian Market
Indian equity markets were down 0.62%
Nifty down by 36.35 pts and settle at 5872.60
Sensex down by 142.88 pts at 19427.56
Bank Nifty down by 204.20 pts at 11816.55
Global Market
European markets were down with FTSE down by 39.49 closed at 6489 ,CAC down by 25.13 closed at 3846 and DAX down by 5.35 closed at 8053.
Dow future was up 1.00 closed at
14453.00
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DAILY EQUITY NEWSLETTER
18TH MARCH 2013
HEADLINES
• IT spend across markets rising; no big
wage hike seen: TCS
• See no stress in asset quality: Shriram
Transport
• Petronet LNG likely to commission Kochi
terminal by May-Jun
• Government share auction in NALCO
fully covered
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 15-Mar-13 4384.65 3365.72 1018.93
DII 15-Mar-13 1048.84 1633.32 -584.48
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6144 6060 5976 5924 5892 5840 5808 5724 5640
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MARKET ANALYSIS:
Key benchmark indices edged lower as weakness in European stocks hit investor sentiment adversely.
The market breadth was weak. The barometer index, the 30-share S&P BSE Sensex, lost 142.88 points
or 0.73%, off close to 245 points from the day's high and up about 45 points from the day's low. Index
heavyweight Reliance Industries (RIL) edged lower. BSE Sensex was up 209 points or 1.08% to
19,571.55
Today’s trade, shares of ICICI Bank, HDFC Bank and Axis Bank dropped after these three private
sector banks on Thursday, 14 March 2013, said that they are investigating allegations of money
laundering activities. Some PSU Banks edged higher. Realty stocks edged lower on profit booking
after recent gains.Among the 30-share Sensex pack, 23 stocks rose while rest of them fell.
Among PSU Bank stocks, State Bank of India, Union Bank of India, Bank of India, and Punjab
National Bank gained by 0.18% to 0.67%.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. Realty
stocks edged lower on profit booking after recent gains. Unitech, D B Realty, Sobha Developers,
Parsvnath Developers and HDIL dropped by 1.08% to 4.2%.DLF declined 4.36% to Rs 272.30. The
stock had hit 52-week high of Rs 289.20 in intraday trade on 12 March 2013.
Among the 30-share Sensex pack, 18 stocks fell while rest of them rose.
STOCKS TO WATCH
PANTALOON
TATA MOTORS
LUPIN
RANBAXY
SCRIPS IN BAN PERIOD
PUNJLLYOD
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.
EXPERT OPINION
NIFTY
Nifty looks Bearish
Strategy: Sell on rise
Support: 5800
Resistance: 5920
BANK NIFTY
Bank Nifty looks Bearish
Strategy: Sell on rise
Support: 11770
Resistance: 11880
460
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH UNION BANK B TARGT HIT
CASH DISH TV S NOT
EXECUTED
FUTURE ALLAHBAD
BANK S TARGT HIT
FUTURE TITAN B NOT
EXECUTED
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
Siemens 574.10 928.36 538.85 35.25 6.54
Asian Paints
5007.30 309.34 4896.45 110.85 2.26
Lupin 609.75 886.10 600.10 9.65 1.61
M & M 927.75 2032.38 914.30 13.45 1.47
Ranbaxy Labs.
438.75 1293.80 432.65 6.10 1.41
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
DLF 272.5 10636.28 284.7 -12.2 -4.29
ICICI Bank
1067.5 7092.97 1110.65 -43.15 -3.89
Tata Motors
291.1 9480.1 301 -9.9 -3.29
JP Associate
74.15 19872.25 76.45 -2.3 -3.01
GAIL India
323.3 1491.06 332.55 -9.25 -2.78
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
LUPIN BUY 610.00 614.00 618.00 606.00
RANBAXY BUY 439.00 443.00 447.00 435.00
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
VOLTAS BUY 85.45 86.45 87.45 84.45
ADANI BUY 240.40 241.40 242.40 239.40
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