daily equity-report by epicresearch 27 may 2013

4
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 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 27 TH 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

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Page 1: Daily equity-report by epicresearch 27 may 2013

-=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

WWW.EPICRESEARCH.CO 09752199966

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

Page 2: Daily equity-report by epicresearch 27 may 2013

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

WWW.EPICRESEARCH.CO 09752199966

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

Page 3: Daily equity-report by epicresearch 27 may 2013

WWW.EPICRESEARCH.CO 09752199966

.

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

Page 4: Daily equity-report by epicresearch 27 may 2013

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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