Daily equity-report

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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 30 TH 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

Transcript of Daily equity-report

Page 1: 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

Page 2: Daily equity-report

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

Page 3: Daily equity-report

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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

Page 4: Daily equity-report

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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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