daily equity report by epic research-5 september 2012

4
HEADLINES Indian Market Indian equity markets up by 0.39% . Nifty up by 20.25 pts and settle at 5274.00 Sensex up by 56.47 pts at 17440.87 Bank Nifty up by 57.65 pts at 10020.65 Global Market European markets were down with FTSE down by 56.25 pts at 5702.00 ,CAC down by 19.41 pts at 3434.30 and DAX down by 30.93 pts at 6983.90 Dow future up by 1.00 pts at 13078.00 WWW.EPICRESEARCH.CO 09993959693 DAILY EQUITY NEWSLETTER 5 TH SEPTEMBER 2012 HEADLINES CAG raps ONGC for hiring RIL drilling Rig without bidding Indian banks need Rs 1.75 trillion more Equity for Basel 3: RBI Tech Mahindra buys Hutchison Global Services for USD 87.1m GAIL provided Rs 246cr undue benefit to private power comapnies: CAG

Upload: epic-research-private-limited

Post on 20-May-2015

62 views

Category:

Economy & Finance


1 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, 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-5 SEPTEMBER 2012

HEADLINES

Indian Market

Indian equity markets up by 0.39% .

Nifty up by 20.25 pts and settle at 5274.00

Sensex up by 56.47 pts at 17440.87

Bank Nifty up by 57.65 pts at 10020.65

Global Market

European markets were down with FTSE down by 56.25 pts at 5702.00 ,CAC down by 19.41 pts at 3434.30 and DAX down by 30.93 pts at 6983.90

Dow future up by 1.00 pts at 13078.00

WWW.EPICRESEARCH.CO 09993959693

DAILY EQUITY NEWSLETTER 5TH SEPTEMBER 2012

HEADLINES

• CAG raps ONGC for hiring RIL drilling

Rig without bidding

• Indian banks need Rs 1.75 trillion more

Equity for Basel 3: RBI

• Tech Mahindra buys Hutchison Global

Services for USD 87.1m

• GAIL provided Rs 246cr undue benefit

to private power comapnies: CAG

Page 2: DAILY EQUITY REPORT BY EPIC RESEARCH-5 SEPTEMBER 2012

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 4-Sep-12 1634.31 1329.9 304.41

DII 4-Sep-12 702.67 808.27 -105.6

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5396 5351 5306 5290 5261 5245 5216 5171 5126

WWW.EPICRESEARCH.CO 09993959693

MARKET ANALYSIS:

Key benchmark indices extended gains to hit fresh intraday high in late trade as index.

The BSE Sensex was up 58.75 points or 0.34% to 17,443.15. The index advanced 68.30 points at the

day's high of 17,452.70 in late trade. The index fell 76.13 points at the day's low of 17,308.27 in

afternoon trade, its lowest level since 3 August 2012.

The S&P CNX Nifty was up 23.10 points or 0.44% to 5,276.85, as per provisional figures. The index

hit a high of 5,278.35 in intraday trade. The index hit a low of 5,233.20, its lowest level since 3 August

2012.

The market breadth, indicating the overall health of the market, was positive. On BSE, 1,499 shares

rose and 1,235 shares fell. A total of 173 shares were unchanged.

Index heavyweight Reliance Industries (RIL) rose 1.9%.Index heavyweight and cigarette maker ITC

fell 0.41% at Rs 266.45.Auto stocks rose on renewed buying. Hero MotoCorp rose 0.54%.Car market

leader Maruti Suzuki India rose 1.13%.

STOCKS TO WATCH

AMBUJA

HDFC BANK

RANBAXY

POLARIS

SCRIPS IN BAN PERIOD

COREEDUTEC

SUZLON

Page 3: DAILY EQUITY REPORT BY EPIC RESEARCH-5 SEPTEMBER 2012

-

www.epicresearch.co 09993959693

.

EXPERT OPINION

NIFTY

Nifty looks Sideways

Strategy: Sell on rise, Buy on dips

Support:5240

Resistance:5310

BANK NIFTY

Bank Nifty looks Sideways

Strategy: Sell on rise, Buy on dips

Support:9955

Resistance:10085

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH HERO MOTO B ABOVE COST

CASH MASTEK B NOT EXECUTED

FUTURE HAVELLS B TGT ACHIEVED

FUTURE BHARTI AIRTEL S

TGT ACHIEVED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHANGE

%

CHANGE

GAIL India

358.55 666.43 349.6 8.95 2.56

Jindal Steel

352.95 2356.59 344.5 8.45 2.45

Reliance

779.6 2001.24 763.05 16.55 2.17

Power Grid

123.95 4841.66 121.55 2.4 1.97

JP Asso

65.45 14857.6

1 64.25 1.2 1.87

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET %

CHANGE

IDFC 129.5 5479.94 131.9 -2.4 -1.82

HDFC 722.55 3124.21 734.65 -12.1 -1.65

Cipla 379.75 1149.11 384.8 -5.05 -1.31

Tata Power

96.4 1283.92 97.55 -1.15 -1.18

Bajaj Auto 1647.45 378.69 1662.5 -15.0 -0.91

Page 4: DAILY EQUITY REPORT BY EPIC RESEARCH-5 SEPTEMBER 2012

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET 3RD

TARGET STOP LOSS

DR REDDY BUY 1685.00 1697.00 1712.00 1730.00 1669.00

JINDAL POLY BUY 171.90 173.40 175.40 178.40 167.90

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET 3RD

TARGET STOP LOSS

ONGC SELL 268.00 266.50 264.50 262.00 260.60

HAVELLS BUY 561.70 564.70 569.00 575.00 557.00

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.