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DAILYEQUITY REPORT BY EPIC RESEARCH-29 January 2013

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DAILYEQUITY REPORT BY EPIC RESEARCH-29 January 2013 Powered By Docstoc
					                                           HEADLINES
            -=6



                                                   Indian Market
                                              Indian equity markets were flat.

                                              Nifty up by 0.15 pts and settle at
                                               6074.80

                                              Sensex down by 0.18 pts at 20103.35

                                              Bank Nifty up by 88.10 pts at 12781.35




                                                   Global Market
        DAILY EQUITY
                                              European markets were up with FTSE
        NEWSLETTER                             up by 0.84 closed at 6285 ,CAC up by
                                               1.80 closed at 3779 and DAX down by
           29TH JANUARY 2013
                                               2.00 closed at 7855.

                                              Dow future was up 4.00 closed at
                                               13816.00

    HEADLINES

• Bharti, Idea get relief from HC in one
 -time fee case
• RIL hits overseas debt mkts, launches
 over $500m issue
• State Bank of Travancore Q3 profit up
 30% to Rs 132 cr
• ONGC gets partners' nod for $5bn
  Kashagan stake buy




          WWW.EPICRESEARCH.CO                                   09752199966
         MARKET ANALYSIS:
         Key benchmark indices settled flat ahead of the Reserve Bank of India (RBI)'s Third Quarter Review of
           Monetary Policy 2012-13 tomorrow, 29 January 2013
         BSE Sensex settled almost unchanged for the day at 20,103.35. The index gained 68.92 points at the
           day's high of 20,172.45 in early trade, its highest level since 7 January 2011.
         S&P CNX Nifty also settled flat at 6,074.80. The index hit a high of 6,088.40 in intraday trade, its
           highest level since 22 January 2013. The index hit a low of 6,061.40 in intraday trade.
         Among the 30-share Sensex pack, 15 rose while the rest of them fell.
         Metal stocks were mixed. Tata Steel, Jindal Steel & Power and Hindustan Zinc fell by 0.2% to 0.97%.
           Sail, Bhushan Steel and Hindalco Industries rose by 0.72% to 1.72%. JSW Steel rose 0.85%. The
           company's profit after tax fell 19% to Rs 137 crore on 5% increase in net sales to Rs 8275 crore in Q3
           December 2012 over Q3 December 2011. IT stocks gained on renewed buying. TCS gained 0.44%.
           TCS on 22 January 2013 said its flagship product TCS BaNCS has gone live in the United States at
           BNP Paribas for its custody operations. Wipro expects revenues from IT Services business at $1.585
           billion to $1.625 billion in Q4 March 2013. Shares of two-wheeler makers rose on expectations of pick
           up in sales during the ongoing wedding season. Typically, the wedding season runs from November to
           February in India every year. TVS Motor Company (up 1.74%), Bajaj Auto (up 0.33%) and Hero
           MotoCorp (up 2.03%) edged higher




                                                                                    STOCKS TO WATCH
                          FII’s and DII’s                                      HINDUSTAN ZINC

CATEGORY              DATE            BUY            SELL          NET          CANARA BANK

    FII            28-Jan-13        3277.03        2493.47        783.56        PFC

                                                                                AUROBINDO PHARMA
    DII            28-Jan-13        938.84         1803.06        -864.22



                                                                                  SCRIPS IN BAN PERIOD
                       NIFTY DAILY PIVOTS                                      RENUKA        IFCI
PIVOT     R4     R3     R2     R1      PP     S1      S2     S3       S4
                                                                                PUNJLLOYD     IRB
NIFTY     6155   6128   6101   6087    6074   6060    6047   6020     5993
                                                                                SUZLON

                                                                                HDIL

                                                                                KTKBANK




                  WWW.EPICRESEARCH.CO                                                          09752199966
                                                                              .
          GAINERS AND LOOSERS
                                                                              EXPERT OPINION

                                                                                      NIFTY
                    DAILY NIFTY GAINERS
                                                                                         Nifty looks Consolidate
SCRIPS       RATE        VOL.         PR.            NET          %
                                                                                         Strategy: Sell on rise
                         (000)        CLOSE          CHAN         CHANG
                                                     GE           E                      Support: 6030

  DLF        266.70      7365.73       259.75         6.95            2.68               Resistance: 6110

                                                                                          BANK NIFTY
 Tata
             308.55      10597.66      301.00         7.55            2.51
Motors                                                                                   Bank Nifty looks Consolidate
  HCL
             696.60      1864.97       681.05        15.55            2.28               Strategy: Sell on rise
 Tech.

  Axis                                                                                   Support: 12710
             1412.95     3721.61      1386.25        26.70            1.93
 Bank
                                                                                         Resistance: 12850
  Hero
             1798.35      207.42      1764.90        33.45            1.90               .0
MotoCor

                                                                                      PREVIOUS PERFORMANCE
                                                                                          TYPE        SCRIP         B/S    RESULT
                    DAILY NIFTY LOOSERS
                                                                                                                              TGT
SCRIPS        RATE         VOL.         PR.            NET            %                   CASH         DLF          B
                                                                                                                           ACHEIVED
                           (000)        CLOSE          CHAN           CHAN                                                    NOT
                                                                                          CASH         IDEA          S
                                                       GE             GE                                                   EXECUTED

    JP                                                                                FUTURE           BHEL         B     BELOW COST
                84.90       14700.51        86.80         -1.90       -2.19
Associate
 Reliance                                                                                            CANARA                   NOT
               529.15       3110.21         540.15     -11.00         -2.04           FUTURE                         S
  Infra                                                                                               BANK                 EXECUTED

  ONGC         334.95       5012.58         341.10        -6.15       -1.80

  Reliance
               897.55       3063.24         912.20     -14.65         -1.61
Industries                                                                                     UPCOMING RESULTS
 Ultratech
 Cement
               1886.55       224.25      1916.65       -30.10         -1.57                CENTURY                 L&T FINANCE

                                                                                           DABUR                   GLENMARK

                                                                                           IDEA                    UNITED PHOS

                                                                                           PVR

                      WWW.EPICRESEARCH.CO                                                                09752199966
                                                                  MARKET CALLS

                                                                         CASH

        SCRIPS                 ACTION              LEVEL             1ST TARGET              2ND TARGET             STOP LOSS

        AUROBINDO
                                   BUY               191.00                  192.00                193.50                 190.00
         PHARMA

     HINDUSTAN ZINC                SELL              126.50                  125.50                124.00                 127.50


                                                                      FUTURE

                                                                       ST                    ND
        SCRIPS               ACTION               LEVEL              1      TARGET          2     TARGET           STOP LOSS
.
            PFC                   BUY               210.10                  211.10                212.60                 209.10


      CANARA BANK                 SELL              480.70                  476.70                470.70                 484.70




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