daily equity-report by epicresearch 27 may 2013
TRANSCRIPT
-=6 HEADLINES
Indian Market
Indian equity markets were up 0.28%
Nifty up by 16.50 pts and settle at 5983.55
Sensex up by 56.94 pts at 19731.27
Bank Nifty up by 132.90 pts at 12769.40
Global Market
European markets were down with FTSE down by 41.45 closed at 6655 ,CAC up by 1.81 closed at 3968 and DAX down 58.35 closed at 8269
Dow future was down by 27 closed at
15262.00
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DAILY EQUITY NEWSLETTER
27TH MAY 2013
HEADLINES
• Wockhardt tanks more; Co to take
$100mn hit on import alert
• Jet Airways shareholders approve Etihad
deal
• Hopeful of maintaining profit from tolling
segment: PTC
• Glenmark slips 4% as co recalls 3 'odd
odour' drugs from US
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 23-May-13 3783.2 3466.97 316.23
DII 23-May-13 1162.23 1700.98 -538.75
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6215 6136 6057 6020 5978 5941 5899 5820 5741
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MARKET ANALYSIS:
Key benchmark indices snapped four day losing streak today, 24 May 2013. The barometer index, the
S&P BSE Sensex, was provisionally up 56.94 points or 0.29%, off close to 100 points from the day's
high and up about 160 points from the day's low. Index heavyweight and cigarette major ITC edged
lower. Another index heavyweight Reliance Industries (RIL) edged higher. The market breadth,
indicating the overall health of the market, was positive. Auto stocks were mostly higher. Two wheeler
markers dropped.
I ndia's largest steel maker by sales, Tata Steel jumped after the company's consolidated earnings before
interest, taxation, depreciation and amortization (EBITDA) rose 27.75% to Rs 4368 crore in Q4 March
2013 over Q4 March 2012. State Bank of India (SBI) extended Thursday's slump triggered by weak
Q4 results. Shares of private banks edged higher.
In a bout of initial volatility, key benchmark indices pared entire gains after opening higher tracking
mostly firm Asian stocks. The CNX Nifty slipped below the psychological 6,000 mark after regaining
that mark at the onset of the trading session. It weakened to hit fresh intraday low in morning trade.
The barometer index, the S&P BSE Sensex and the 50-unit CNX Nifty, both, hit their lowest level in
2-1/2 weeks. It regained positive terrain in mid-morning trade. It regained strength in early afternoon
trade. Key benchmark indices pared gains amid volatility in afternoon trade. It was slightly higher in
mid-afternoon trade. It hovered in positive terrain in late trade.
STOCKS TO WATCH
SBI
WOCKHARDT
HCL
SUN PHARMA
SCRIPS IN BAN PERIOD
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.
EXPERT OPINION
NIFTY
Nifty looks Bearish
Strategy: Sell on rise
Support: 5940
Resistance: 6020
BANK NIFTY
Bank Nifty looks Bearish
Strategy: Sell on rise
Support: 12700
Resistance: 12840
460
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH ANDHRA
BANK S TGT HIT
CASH IDFC B SL TRIGERRED
FUTURE TATA
MOTORS S TGT HIT
FUTURE ALLAHBAD
BANK S TGT HIT
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
Tata Steel
313.00 11516.07 299.55 13.45 4.49
Tata Power
91.50 4574.15 88.00 3.50 3.98
Lupin 769.65 1161.69 747.80 21.85 2.92
L &T 1456.80 2901.57 1418.20 38.60 2.72
ICICI Bank
1204.15 2564.91 1172.30 31.85 2.72
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
Sun Pharma
968.85 1311.78 1006.00 -37.15 -3.69
Hindalco 107.05 8991.87 108.90 -1.85 -1.70
BHEL 192.55 3007.56 195.70 -3.15 -1.61
TCS 1469.55 793.31 1492.70 -23.15 -1.55
Cipla 408.50 1107.33 414.85 -6.35 -1.53
6
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
ANDHRA BANK SELL 86.00 85.50 85.00 86.50
IDFC SELL 153.00 152.00 151.00 154.00
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
TATA MOTORS SELL 287.00 285.00 283.00 289.00
ALLAHBAD BANK SELL 122.60 121.60 120.60 123.60
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