daily-equity-report by epic research 18 march 2013

4
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 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 18 TH 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

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Page 1: DAILY-EQUITY-REPORT BY EPIC RESEARCH 18 MARCH 2013

-=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

WWW.EPICRESEARCH.CO 09752199966

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

Page 2: DAILY-EQUITY-REPORT BY EPIC RESEARCH 18 MARCH 2013

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

WWW.EPICRESEARCH.CO 09752199966

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

Page 3: DAILY-EQUITY-REPORT BY EPIC RESEARCH 18 MARCH 2013

WWW.EPICRESEARCH.CO 09752199966

.

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

Page 4: DAILY-EQUITY-REPORT BY EPIC RESEARCH 18 MARCH 2013

.

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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