daily equity-report by epic research 22 jan 2013

4
HEADLINES Indian Market Indian equity markets up by 0.30% Nifty up by 17.90 pts and settle at 6082.30 Sensex up by 62.78 pts at 20101.82 Bank Nifty down by 26.60 pts at 12690 Global Market European markets were up with FTSE up by 12.33 closed at 6166 ,CAC up by 9.56 closed at 3751 and DAX down by 28.80 closed at 7731. Dow future was up 1.00 closed at 13,577.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 22 ND JANUARY 2013 HEADLINES Reliance Communications surges on CLSA report on 'inevitability' of deal with RIL Led by RIL, Sensex scales fresh 2-year high Five reasons why SBI may outperform Bank Nifty in 2013

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Page 1: Daily equity-report by epic research 22 jan 2013

-=6 HEADLINES

Indian Market

Indian equity markets up by 0.30%

Nifty up by 17.90 pts and settle at 6082.30

Sensex up by 62.78 pts at 20101.82

Bank Nifty down by 26.60 pts at 12690

Global Market

European markets were up with FTSE up by 12.33 closed at 6166 ,CAC up by 9.56 closed at 3751 and DAX down by 28.80 closed at 7731.

Dow future was up 1.00 closed at

13,577.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

22ND JANUARY 2013

HEADLINES

• Reliance Communications surges on

CLSA report on 'inevitability' of deal with

RIL

• Led by RIL, Sensex scales fresh 2-year

high

• Five reasons why SBI may outperform

Bank Nifty in 2013

Page 2: Daily equity-report by epic research 22 jan 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 21-Jan-13 3434.62 2591.66 842.96

DII 21-Jan-13 1014.43 1904.6 -890.17

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6202 6165 6128 6112 6091 6075 6054 6017 5980

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices edged higher in choppy trade after the government on Thursday, 17 January

2013, allowed PSU OMCs to increase diesel prices by a small margin from time to time, a decision

aimed at reducing the government's oil subsidy burden and fiscal deficit and improve the government's

finances. Data showing recovery in China's economy in Q4 December 2012 also boosted sentiment as

Indian stocks advanced for the second day in a row today, 18 January 2013. China is the world's

second biggest economy after the United States.

BSE Sensex was up 52.14 points or 0.26% to 20,016.17.

S&P CNX Nifty was up 19.10 points or 0.32% to 6,058.30

Among the 30-share Sensex pack, 16 gained while the rest of them fell

HDFC Bank fell 0.44% to Rs 663.95 as the bank's gross NPA ratio rose on sequential basis. Wipro

slumped 7.68%. Wipro expects revenues from IT Services business at $1.585 billion to $1.625 billion

in Q4 March 2013. Metal stocks were mostly lower. Sterlite Industries, Jindal Steel & Power, Tata

Steel and Sail shed by 1.03% to 2.47%. Hero MotoCorp slumped 2.67% on weak Q3 results. Mahindra

& Mahindra Financial Services lost 1.53%. The company's consolidated net profit jumped 35.71% to

Rs 216.20 crore on 37.83% growth in total income to Rs 1062.03 crore in Q3 December 2012 over Q3

December 2011.

STOCKS TO WATCH

APOLLO TYRE

ADANI ENT

IDEA

TATA MOTORS

SCRIPS IN BAN PERIOD

HDIL

PANTALOON

IVRCLINFRA

PUNJLLOYD

SUZLON

Page 3: Daily equity-report by epic research 22 jan 2013

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Consolidate

Strategy: Sell on rise

Support: 6080

Resistance: 6130

BANK NIFTY

Bank Nifty looks Consolidate

Strategy: Sell on rise

Support: 122630

Resistance: 12820

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH POWER GRID S NOT

EXECUTED

CASH TATA

POWER B

NOT EXECUTED

FUTURE SESA GOA S SL TRIGERRED

FUTURE CANARA

BANK B

NOT EXECUTED

UPCOMING RESULTS

WELSPUN

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Reliance infra

548.5 2113.75 527.3 21.2 4.02

BHEL 232.0

5 5777.64 226.45 5.6 2.47

Reliance Industries

919.95

10047.91 900.2 19.75 2.19

Larsen & Toubro

1567.35

890.17 1537.2 30.15 1.96

Bharti Airtel

355.55

5147 348.85 6.7 1.92

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

DLF 256.35 5780.17 262.7 -6.35 -2.42

NTPC 161.6 4929.43 164.5 -2.9 -1.76

Sun Pharma

Inds. 699.85 1538.95 712.05 -12.2 -1.71

Tata Motors

323.25 3868.41 328.55 -5.3 -1.61

TCS 1330 630.02 1351 -21 -1.55

Page 4: Daily equity-report by epic research 22 jan 2013

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

APOLLO TYRE SELL 87.00 86.50 85.75 87.50

IDEA BUY 117.50 118.00 118.75 117.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ADANI ENT SELL 267.00 265.00 262.00 270.00

TATA MOTORS BUY 330.50 332.50 335.50 328.50

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