DAILY EQUITY REPORT BY EPIC RESEARCH-24 SEPTEMBER 2012
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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. 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