DAILY EQUTY REPORT BY EPIC RESEARCH-24 JULY 2012

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DAILY EQUTY REPORT BY EPIC RESEARCH-24 JULY 2012 Powered By Docstoc
					                                                       HEADLINES
                                                            Indian market
                                                        Indian equity markets down 1.67%

                                                        Nifty down 87.15 pts and settle at 5117.95

                                                        Sensex down 281.09 pts at 16877.35

                                                        Bank Nifty down 207.00 pts at 10274.60




                                                            Global market
              DAILY EQUITY
                                                        European markets were down with FTSE
              NEWSLETTER                                down by 129.23 pts at 5522.54, CAC
                  24TH JULY 2012                        down by 86.69 pts at 3107.20 and DAX
                                                        down 204.61 pts at 6425.41

                                                        Dow future down 205.00 pts at 12568.


       HEADLINES

•   Godrej Industries plans to raise up to Rs 405 cr

    via QIP

• SIAM to take up Maruti labor stir with

    PMO, Haryana govt

• LIC, Singapore Government hike stake in

    Mukesh Ambani-led Reliance Industries

• Aurobindo Pharma gets USFDA nod for

    Metformin tablets




              WWW.EPICRESEARCH.CO                                        09993959693
     MARKET ANALYSIS:
 The 30-share BSE Sensex fell 281 points - biggest fall in two months - on Monday, weighed down by Spain woes and
 road block to FDI in retail. Sharp fall in rupee too added fuel to the fire. The BSE benchmark declined 1.64% to close
 at 16,877.35 and the NSE benchmark was down 87.15 points to 5,117.95.


 The Indian rupee was near to 56 a dollar today, which depreciated by 60 paisa to 55.92 against the US dollar.
 Market experts feel if the government won't take any action on reforms, then the rupee may cross the 57 a dollar too.
 Overall experts are still hopeful for diesel price cut. All sectoral indices ended in the red. The BSE Metal Index lost
 3.35% while Realty, Power, Auto, Capital Goods and Bankex were down 2-2.9%.Top car maker Maruti Suzuki
 crashed 5.65% due to stoppage of work at its Manesar plant since Wednesday's violence. Commercial vehicle maker
 Tata Motors tanked 3%.Country's largest lenders State Bank of India and ICICI Bank dropped 2% each while their
 rival HDFC Bank was down 1.57%.Metals stocks like Tata Steel, Sterlite Industries, Hindalco Industries and Jinda l
 Steel plunged 3-5%.
 The broader markets fell 1% as about three shares declined for every share advancing on the National Stock
 Exchange.




                          FII’s and DII’s                                          STOCKS TO WATCH
                                                                                  PFC
CATEGORY         DATE            BUY           SELL           NET
                                                                                  PETRONET
    FII           23-Jul-2012     1530.54          1421.37        109.17          HCL TECH
    DII           23-Jul-2012        701.25        1055.00     -353.75
                                                                                  REC

                                                                                  REL. CAPITAL

                       NIFTY DAILY PIVOTS                                            SCRIPS IN BAN PERIOD

PIVOT     R4     R3     R2      R1     PP     S1     S2      S3      S4             SUZLON
NIFTY     5321   5259   5197    5159   5135   5097   5073    5011    4949           ALOK TEXT

                                                                                    PUNJLLOYD

                                                                                  ONMOBILE




                  WWW.EPICRESEARCH.CO                                                       09993959693
                                                                     .

           GAINERS AND LOOSERS
                                                                     EXPERT OPINION

                                                                          NIFTY
                      DAILY NIFTY GAINERS
                                                                                Nifty looks bearish
SCRIPS      RATE       VOL.        PR.        NET        %                      Strategy: Sell on rise
                       (000)       CLOS E     CHANGE     CHANGE
                                                                                Support:5070
   Dr
            1629.4      312.51     1611.2      18.2          1.13
Reddys                                                                          Resistance:5150
  Cipla     327.95      801.84     325.65       2.3          0.71
                                                                           BANK NIFTY

                                                                                Bank Nifty looks bearish

                                                                                Strategy: Sell on rise

                                                                                Support: 10225

                                                                                Resistance:10330



                     DAILY NIFTY LOOSERS
                                                                         PREVIOUS PERFORMANCE
SCRIPS      RATE        VOL.        PR.        NET       %
                        (000)       CLOS E               CHANGE          TYPE         SCRIP           B/S   RESULT


 Maruti      1079.95     4037.66     1147.5    -67.55        -5.89                                              ND
                                                                         CASH         HDFC BANK       S     2        TGT

 Sterlite     99.65      5149.5      105.1     -5.45         -5.19
                                                                         CASH         ACC CEMENT      S     SL HIT

              116.4      4014.37     122.2      -5.8         -4.75
Hindalco                                                                 FUTURE       LUPIN           B     NT EXECUTED

JP Assoc.     74.1      17374.85     77.75     -3.65         -4.69
                                                                                                                RD
                                                                         FUTURE       LIC HOUSING     B     3        TGT
Sesa Goa     183.55      1673.63     192.55         -9       -4.67




          www.epic research.co                                                      09993959693
                                                                       MARKET CALLS

                                                                          CASH

                                                               ST                   ND                  RD
        SCRIPS            ACTION              LEVEL           1        TARGET       2        TARGET   3        TARGET      STOP LOSS


       PFC                    BUY             170.10                   172.10                174.10            176.10           168.10


       PETRONET               SELL            142.50                   141.00                139.50            138.00           144.00


                                                                         FUTURE

                                                                  ST                    ND                RD
        SCRIPS             ACTION            LEVEL            1        TARGET       2        TARGET    3       TARGET      STOP LOSS

.
           REC                SELL            182.50                   181.00                179.50            178.00           184.00


      REL. CAPITAL            SELL            334.00                   330.00                326.00            322.00           340.00




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