daily equity-report by epic research 7 jan 2013

4
HEADLINES Indian Market Indian equity markets up by 0.11% Nifty up by 6.65 pts and settle at 6016.15 Sensex up by 19.30 pts at 19784.08 Bank Nifty up by 9.20 pts at 12787.35 Global Market European markets were down with FTSE down by 4.00 closed at 6043,CAC down by 20.72 closed at 3700 and DAX down by 19.31 closed at 7737. Dow future was down 7.00 closed at 13312.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 7 TH JANUARY 2013 HEADLINES Producing fields: OilMin allows RIL, Cairn to explore more ONGC Videsh to close $900m foreign bond issue in Jan: Sources Demerger process close to completion: Orient Papers Hindustan Copper net profit down 21% during Apr-Nov

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Page 1: Daily equity-report by epic research 7 jan 2013

-=6 HEADLINES

Indian Market

Indian equity markets up by 0.11%

Nifty up by 6.65 pts and settle at 6016.15

Sensex up by 19.30 pts at 19784.08

Bank Nifty up by 9.20 pts at 12787.35

Global Market

European markets were down with FTSE down by 4.00 closed at 6043,CAC down by 20.72 closed at 3700 and DAX down by 19.31 closed at 7737.

Dow future was down 7.00 closed at

13312.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

7TH JANUARY 2013

HEADLINES

• Producing fields: OilMin allows RIL,

Cairn to explore more

• ONGC Videsh to close $900m foreign

bond issue in Jan: Sources

• Demerger process close to completion:

Orient Papers

• Hindustan Copper net profit down 21%

during Apr-Nov

Page 2: Daily equity-report by epic research 7 jan 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 4-Jan-13 3187.89 2023.48 1164.41

DII 4-Jan-13 1148.55 1973.95 -825.4

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6122 6083 6044 6030 6005 5991 5966 5927 5888

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices extended gains for fourth day to settle at almost two year high after a survey

showed that India's services sector grew at its strongest pace in three months during December 2012

The BSE Sensex was up 19.30 points or 0.1% to 19,784.08, its highest closing since 6 January 2011.

The S&P CNX Nifty was up 6.65 points or 0.11% to 6,016.15, its highest closing since 6 January 2011.

Among the 30-share Sensex pack, 15 rose while the rest of them declined.

Shares of upstream oil companies rose as a committee set up under the chairmanship of Dr. C.

Rangarajan, Chairman, Economic Advisory Council to the Prime Minister to look into the Production

Sharing Contract Mechanism in petroleum industry, has suggested major changes in the current

Production Sharing Contract Mechanism and changes in gas pricing. ONGC gained 1.43% to Rs

283.75. Oil India advanced 2.12% to Rs 481. Shares of state-run gas transmission major GAIL (India)

rose 2.01% to Rs 370.95PSU OMCs jumped. HPCL (up 5.55%), BPCL (up 1.65%) and Indian Oil

Corporation (up 3.65%) edged higher. IT pivotals rose as US lawmakers early this week reached a last-

minute deal to avert the fiscal cliff. US is the biggest outsourcing market for the Indian IT firms. HCL

Technologies rose 1.3%.

STOCKS TO WATCH

TATA GLOBAL

ADANI

ALLAHABAD BANK

CANARA BANK

SCRIPS IN BAN PERIOD

SUZLON

Page 3: Daily equity-report by epic research 7 jan 2013

09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Consolidate

Strategy: Buy on dips

Support: 5980

Resistance: 6070

BANK NIFTY

Bank Nifty looks Consolidate

Strategy: Buy on dips

Support: 12710

Resistance: 12850

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH BHARTI AIRTEL

B TGT

ACHIEVED

CASH ICICI BANK S SL TRIGGERED

FUTURE ALLAHBAD

BANK B

TGT ACHIEVED

FUTURE ADANI

ENTERPRISES S

TGT ACHIEVED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Cairn India

337.15 4097.37 327.50 9.65 2.95

GAIL India

371.15 1860.96 363.35 7.80 2.15

BPCL 374.00 1781.91 366.25 7.75 2.12

ONGC 284.80 7743.32 279.80 5.00 1.79

BHEL 242.80 3202.64 238.80 4.00 1.68

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

Tata Steel

433.50 3643.15 442.30 -8.80 -1.99

Jindal Steel & Power

457.80 2923.52 466.35 -8.55 -1.83

Hindalco 132.55 5796.72 134.40 -1.85 -1.38

Sesa Goa 201.70 1375.19 204.40 -2.70 -1.32

HDFC 837.70 2042.94 845.50 -7.80 -0.92

Page 4: Daily equity-report by epic research 7 jan 2013

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ALLAHABAD BANK BUY 184.50 185.50 186.50 183.50

TATA GLOBAL SELL 165.20 164.20 163.20 166.20

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ADANI ENTERPRISES SELL 278.20 276.20 274.20 280.20

CANARA BANK BUY 530.50 534.50 538.50 528.50

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