DAILY EQUITY REPORT BY EPIC RESEARCH-20 SEPTEMBER 2012
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HEADLINES Indian Market Indian equity markets down by 0.18% . Nifty down by 9.95 pts and settle at 5600.05 Sensex down by 46.30 pts at 18496.01 Bank Nifty up by 61.85 pts at 11043.50 DAILY EQUITY Global Market NEWSLETTER European markets were Down with FTSE TH down by 38.42 pts at 5855.10 ,CAC 20 SEPTEMBER 2012 down by 35.25 pts at 3518.44 and DAX down by 68.58 pts at 7335.11 Dow future down by 28.00 pts at HEADLINES 13513.00 • Soaring vegetable prices push up retail inflation to 10.03% • ICRA expects 25-50 bps cut in repo rate by March 2013 • Expect RBI to cut rates by 50 bps on Oct 30: Credit Suisse • TBZ to invest Rs 1200 crore to open 43 showrooms WWW.EPICRESEARCH.CO 09993959693 MARKET ANALYSIS: Key benchmark indices edged lower as euro zone debt worries resurfaced following further rise in Spanish government bond yields on Monday, 17 September 2012. The latest data showing acceleration in India's consumer price inflation in August 2012 also weighed on sentiment. The BSE Sensex was down 48 points or 0.26% to 18,494.31. The index fell 72.80 points at the day's low of 18,469.51 in late trade, its lowest level since 14 September 2012. The S&P CNX Nifty was down 6.80 points or 0.12% to 5,603.20, as per provisional figures. The index hit a high of 5,620.55 in intraday trade. From the 30-share Sensex pack, 15 stocks fell and rest of them rose. Index heavyweight and cigarette maker ITC rose 0.34% to Rs 254.25. Index heavyweight Reliance Industries (RIL) declined 2.12% on profit booking after recent strong gains. L&T rose 0.38%.Among other capital goods stocks, BEML, Bhel, ABB, Thermax and Siemens rose by between 0.42% to 5.32%.UltraTech Cement rose 2.33% to Rs 1801.65. STOCKS TO WATCH FII’s and DII’s APOLLO TYRE CATEGORY DATE BUY SELL NET FINANCIAL TECH FII 18-Sep-12 3764.11 2714.94 1049.17 BANK INDIA ADANI DII 18-Sep-12 1506.03 2176.75 -670.72 SCRIPS IN BAN PERIOD NIFTY DAILY PIVOTS COREEDUTEC PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4 NIFTY 5704 5670 5636 5618 5602 5584 5568 5534 5500 MCDOWELL-N PANTALOONR SUZLON WELCORP WWW.EPICRESEARCH.CO 09993959693 . -GAINERS AND LOOSERS EXPERT OPINION NIFTY DAILY NIFTY GAINERS Nifty looks Sideways SCRIPS RATE VOL. PR. NET % Strategy: Sell on Rise, Buy on Dips (000) CLOSE CHAN CHANGE GE Support:5565 PNB 802.80 2297.63 747.75 55.05 7.36 Resistance: 5635 BANK NIFTY BHEL 225.00 8539.60 213.55 11.45 5.36 Bank Nifty looks Sideways SBI 2149.45 4435.41 2079.55 69.90 3.36 Strategy: Sell on Rise , Buy on Dips GAIL 388.00 1119.40 377.05 10.95 2.90 Support:10980 Bank Resistance:11110 745.55 1726.97 726.05 19.50 2.69 Baroda PREVIOUS PERFORMANCE TYPE SCRIP B/S RESULT DAILY NIFTY LOOSERS SCRIPS RATE VOL. PR. NET % TGT CASH GRAVITA S ACHIEVED (000) CLOSE CHAN GE CASH STERLITE B SL HIT TGT Wipro 369.70 2264.52 384.80 -15.10 -3.92 FUTURE AMBUJA S ACHIEVED Cairn TGT 350.05 2054.97 363.60 -13.55 -3.73 FUTURE ADANI B India ACHIEVED TCS 1299.80 3610.10 1342.10 -42.30 -3.15 Hindalco 114.55 8128.79 117.15 -2.60 -2.22 Reliance 855.60 3953.60 873.75 -18.15 -2.08 Industries www.epicresearch.co 09993959693 MARKET CALLS CASH ST ND RD SCRIPS ACTION LEVEL 1 TARGET 2 TARGET 3 TARGET STOP LOSS APOLLO TYRE SELL 98.80 98.00 97.00 95.50 99.60 FINANCIAL TECH SELL 901.00 897.00 892.00 885.00 905.00 FUTURE ST ND RD SCRIPS ACTION LEVEL 1 TARGET 2 TARGET 3 TARGET STOP LOSS . BANK INDIA BUY 300.50 302.00 304.00 307.00 299.00 BF UTILITIES SELL 427.30 425.80 423.80 421.00 428.80 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. 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