Daily equity-report
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Transcript of Daily equity-report
HEADLINES
Indian Market
Indian equity markets up by 0.02%.
Nifty up by 1.30 pts and settle at 5665.60
Sensex up by 10.48 pts at 18635.82.
Bank Nifty down by 36.95 pts at 11472.20
Global Market
European markets were down with FTSE down by 37.30 pts at 5769.41,CAC down by 37.26 pts at 3397.83 and DAX down by 53.00 pts at 7178.85
Dow future down by 75.00 pts at
12979.00
WWW.EPICRESEARCH.CO 09752199966
DAILY EQUITY NEWSLETTER
30TH OCTOBER 2012
HEADLINES
• BHEL Q2 net misses forecast, down
10% to Rs 1274cr
• Wipro up 3% after Credit Suisse
upgrades to 'outperform'
• Bank of India Q2 net dips 38.5% on bad
loans; stock down 6%
• FM unveils 5-yr road map for fiscal
consolidation
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 29-Oct-12 1563.31 1639.88 -76.57
DII 29-Oct-12 839.42 849.17 -9.75
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 5828 5775 5722 5693 5669 5640 5616 5563 5510
WWW.EPICRESEARCH.CO 09752199966
MARKET ANALYSIS:
Key benchmark indices eked out small gains in choppy after Prime Minister Dr. Manmohan Singh
announced a major reshuffle of his Council of Ministers on Sunday, 28 October 2012 and after Finance
Minister P. Chidambaram today, 29 October 2012, announced a plan of fiscal consolidation during the
period of the 12th Plan, i.e. from 2012-13 to 2016-17.
The BSE Sensex was up 12.83 points or 0.07% to 18,638.17.
The S&P CNX Nifty was up 1.20 points or 0.02% to 5,665.50.
From the 30-share Sensex pack, 16 stocks rose while the rest of them fell.
JSW Steel rose 0.33% on strong Q2 results. The company's net profit jumped 547% to Rs 822 crore on
16% growth in net sales to Rs 8834 crore in Q2 September 2012 over Q2 September 2011. Power
equipment major Bharat Heavy Electricals (Bhel) dropped after weak Q2 results. The stock was down
6.42% at Rs 226.70. Bank of India fell 2.06% after net profit fell 38.53% to Rs 301.85 crore on
15.15% growth in total income to Rs 8899.55 crore in Q2 September 2012 over Q2 September 2011.
STOCKS TO WATCH
PFC
A2Z MAINTENANCE
AMBUJA
BATA INDIA
SCRIPS IN BAN PERIOD
WELCORP
SUZLON
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09752199966
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EXPERT OPINION
NIFTY
Nifty looks Sideways
Strategy: Sell on rise
Support:5630
Resistance: 5710
BANK NIFTY
Bank Nifty looks Sideways
Strategy: Sell on rise
Support:11400
Resistance:11530
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH A2Z MAINT S ABOVE COST
CASH CHAMBAL FERTILIZER
B TGT ACHIEVED
FUTURE AMBUJA B TGT ACHIEVED
FUTURE PFC S ABOVE COST
UPCOMING RESULTS
BIOCON
IDBI BANK
IRB INFRA
MARUTI SUZUKI
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
Wipro 344.85 1788.46 336.05 8.80 2.62
Hero Moto
1904.70 549.96 1869.70 35.00 1.87
Tata Power
106.55 2193.82 104.75 1.80 1.72
Dr Reddys
1697.70 109.07 1670.25 27.45 1.64
Reliance Ind.
811.20 2510.11 798.95 12.25 1.53
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHA
NGE
BHEL 226.90 10953.34 242.45 -15.55 -6.41
Tata Motors
256.75 4690.45 261.50 -4.75 -1.82
BPCL 342.60 169.86 348.00 -5.40 -1.55
Coal India
350.10 903.96 355.05 -4.95 -1.39
L & T 1687.65 1207.84 1709.30 -21.65 -1.27
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
UFLEX SELL 103.15 102.15 101.15 104.15
APOLLO TYRE BUY 85.70 86.50 87.25 84.95
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
PFC BUY 187.00 188.00 189.50 186.00
CROMTON GREAVES SELL 122.70 121.70 120.20 123.70
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