DAILY EQUITY REPORT BY EPIC RESEARCH-24 SEPTEMBER 2012

Document Sample
DAILY EQUITY REPORT BY EPIC RESEARCH-24 SEPTEMBER 2012 Powered By Docstoc
					                                            HEADLINES


                                                 Indian Market
                                             Indian equity markets up by 2.46%.

                                             Nifty up by 136.90 pts and settle at
                                             5691.15.

                                             Sensex up by 403.59 pts at 18752.84.

                                             Bank Nifty up by 463.70 pts at 11384.50.




        DAILY EQUITY                             Global Market
        NEWSLETTER                           European markets were down with FTSE
           TH                                down by 9.01 pts at 5845.63 ,CAC up by
         24 SEPTEMBER 2012
                                             1.30 pts at 3511.22 and DAX down by
                                             23.15 pts at 7412.64


                                             Dow future up by 36.00 pts at 13629.00
    HEADLINES

• Post Leapfrog tie-up M&M Insurance
  value Rs 520cr.
• UB Group, Diageo in final talks over
  valuations
• Walmart hopes to open first India store
  within 18 mnths.
• NTPC to raise $750m through bonds,
  syndicate loans




         WWW.EPICRESEARCH.CO                                  09993959693
         MARKET ANALYSIS:
         Key benchmark indices surged on the last trading session of the week, with the market sentiment
          boosted by the government on Thursday notifying the rules for allowing greater foreign investment in
          retail, aviation and broadcasting sectors. The government's announcement during trading hours today,
          21 September 2012, of a reduction on taxes on overseas loans of local companies as well as
          announcement of a plan offering tax relief to retail equity investors, also boosted sentiment.

         The BSE Sensex was up 403.59 points or 2.2% to 18,752.84. The index jumped 517.62 points at the
          day's high of 18,866.87 in early afternoon trade, its highest level since 26 July 2011.

         The S&P CNX Nifty was up 140.65 points or 2.53% to 5,694.90, as per provisional figures.
         Among the 30-share Sensex pack, 26 gained while only four of them declined.

         Index heavyweight and cigarette maker ITC advanced 1.77% to Rs 261. Index heavyweight Reliance
          Industries (RIL) rose 2.16%.Capital goods stocks rose on renewed buying. BEML, Bhel, ABB,
          Thermax and Siemens rose by between 1.41% to 7.3%.L&T gained 3.95% to Rs 1581.20.State Bank
          Of India jumped 4.29%,Axis Bank surged 7.56%.




                                                                                STOCKS TO WATCH
                            FII’s and DII’s                                 ANJANEYA LIFECARE

CATEGORY                DATE           BUY            SELL         NET       TCS

    FII            21-Sep-12         6806.02        4478.2      2327.82      TATA GLOBAL

                                                                             AMBUJA
    DII            21-Sep-12         1758.29        2885.57    -1127.28



                                                                             SCRIPS IN BAN PERIOD
                       NIFTY DAILY PIVOTS
                                                                             PANTALOONR
PIVOT     R4     R3      R2     R1      PP     S1      S2     S3     S4
NIFTY     6098   5953    5808   5751    5663   5606    5518   5373   5228    SUZLON

                                                                             WELCORP




                  WWW.EPICRESEARCH.CO                                                       09993959693
                                                                               .
            -GAINERS AND LOOSERS
                                                                               EXPERT OPINION

                                                                                    NIFTY
                      DAILY NIFTY GAINERS
                                                                                    Nifty looks Upwards
SCRIPS       RATE       VOL.          PR.            NET          %                 Strategy: Buy on dips
                        (000)         CLOSE          CHAN         CHANGE
                                                     GE                             Support:5660

                                                                                    Resistance: 5720
Reliance     544.05      5505.29      495.80         48.25            9.73
 Infra                                                                                 BANK NIFTY

  SAIL        92.65      7369.15       85.95         6.70             7.80          Bank Nifty looks Upwards
  Axis                                                                              Strategy: Buy on dips
             1124.65     5540.04      1044.40        80.25            7.68
 Bank
                                                                                    Support:11320
  BHEL       232.40      11658.30     216.15         16.25            7.52
                                                                                    Resistance:11450
 Jindal
             426.90      8733.23      400.60         26.30            6.57
 Steel                                                                             


                                                                                       PREVIOUS PERFORMANCE
                                                                                    TYPE       SCRIP         B/S   RESULT

                      DAILY NIFTY LOOSERS
                                                                                                                   NOT
                                                                                    CASH          APTECH     S
SCRIPS         RATE        VOL.         PR.            NET            %                                            EXECUTED
                           (000)        CLOSE                         CHAN                                         TGT
                                                                                    CASH         R COMM      B
                                                                                                                   ACHIEVED
                                                                      GE
                                                                                                 BOMBAY            TGT
                                                                                    FUTURE        DYEING
                                                                                                             S
    TCS        1304.05      2123.03     1322.00        -17.95          -1.36                                       ACHIEVED
                                                                                                                   NOT
 Dr Reddys                                                                          FUTURE      TATA STEEL   S
           1643.70          822.05      1665.05        -21.35          -1.28                                       EXECUTED
   Lab

   Infosys     2593.30      1536.28     2617.20        -23.90          -0.91

     Sun
  Pharma        669.50      1679.56         671.00        -1.50        -0.22
   Inds.




           www.epicresearch.co                                                               09993959693
                                                                  MARKET CALLS

                                                                          CASH

                                                                          ST                     ND
        SCRIPS                ACTION               LEVEL              1        TARGET        2        TARGET        STOP LOSS


    ANJANEYA LIFECARE             SELL               707.00                     700.00                 690.00             714.00


       TATA GLOBAL                BUY                131.90                     133.20                 135.00             130.60


                                                                      FUTURE

                                                                         ST                     ND
        SCRIPS               ACTION               LEVEL              1         TARGET       2         TARGET       STOP LOSS
.
           ADANI                  BUY               204.70                      206.70                209.70              202.70


          AMBUJA                  BUY               196.40                      197.40                199.00              195.40




    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 t he 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 particul ar 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, togethe r 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.

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:2
posted:9/24/2012
language:
pages:4
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.