daily equity-report by epic research 24 dec 2012
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, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.TRANSCRIPT
-=6 HEADLINES
Indian Market
Indian equity markets down by 1.16%
Nifty down by 68.70 pts and settle at 5847.70
Sensex down by 211.92 pts at 19242.00
Bank Nifty down by 171.45 pts at 12315.05
Global Market
European markets were down with FTSE down by 43.07 pts at 5915.27 ,CAC down by 17.08 pts 3649.65 and DAX down by 51.00 pts at 7621.10
Dow future down by 162.00 pts at
13160.00
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DAILY EQUITY NEWSLETTER 24TH DECEMBER 2012
HEADLINES
• Chargesheet filed in spectrum allocation
case in NDA regime
• S&P expects India's economic growth at
6.5% in 2013
• Cairn may revise production guidance;
stock at 52-week low
• RIL to restart crude unit in 1-2 days after
fire
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 41264.00 2691.09 2575.74 115.35
DII 41264.00 1426.05 1167.84 258.21
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 5999 5952 5905 5876 5858 5829 5811 5764 5717
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MARKET ANALYSIS:
Key benchmark indices extended losses to hit fresh intraday low in late trade as stocks fell across the
globe after US House Republican leaders on Thursday, 20 December 2012, abruptly canceled a vote on
a tax-cut bill, sparking fears that the parties remain far apart on a compromise budget deal. United
States is the world's biggest economy.
The BSE Sensex was down 216.59 points or 1.11% to 19,237.33.
The S&P CNX Nifty was down 70.65 points or 1.19% to 5,845.75.
From the 30-share Sensex pack, 28 stocks declined while only two of them gained.
ONGC declined 1.15%. Index heavyweight and cigarette maker ITC rose 0.59% to Rs 289.40 on
defensive buying. Aviation stocks edged lower for the second straight day. Jet Airways (India) (down
7.28%), Spicejet (down 4.96%) and Kingfisher Airlines (down 0.84%), edged lower. Realty stocks
edged lower. Unitech, HDIL, D B Realty and Sobha Developers fell by between 2.77% to 6.62%. Small car maker Maruti Suzuki India declined 1.05% to Rs 1501.
STOCKS TO WATCH
INFOSYS
IRB
JP ASSOCIATE
HEXAWARE
SCRIPS IN BAN PERIOD
WELCORP HDIL
SUZLON IBREALEST
PUNJLLOYD
RENUKA
KTKBANK
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.
EXPERT OPINION
NIFTY
Nifty looks Consolidate
Strategy: Sell on rise
Support: 5810
Resistance: 5890
BANK NIFTY
Bank Nifty looks Consolidate
Strategy: Sell on rise
Support: 12250
Resistance: 12390
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH JINDAL STEEL
B NOT
EXECUTED
CASH IRBI INFRA S TGT
ACHEIVED
FUTURE ARVIND S TGT
ACHEIVED
FUTURE ANDHRA
BANK B
NOT EXECUTED
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
TCS 1258.70 1228.98 1252.05 6.65 0.53
Axis Bank
1321.25 1682.50 1318.60 2.65 0.20
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
JP Associate
96.70 16161.02 101.30 -4.60 -4.54
IDFC 169.00 4834.97 175.30 -6.30 -3.59
Jindal Steel & Power
454.55 3224.33 470.80 -16.25 -3.45
Bharti Airtel
307.35 3412.99 316.90 -9.55 -3.01
DLF 219.45 8129.24 225.90 -6.45 -2.86
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
ARVIND SELL 93.00 92.20 91.00 93.80
ZEE ENTERTAINMENT BUY 244.00 246.00 249.00 242.00
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
DLF SELL 219.50 217.50 214.50 222.50
REC BUY 244.00 246.00 249.00 242.00
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