DAILY EQUITY REPORT BY EPIC RESEARCH-31 SEPTEMBER 2012

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HEADLINES Indian Market Indian equity markets down by -1.06% . Nifty down by 56.55 pts and settle at 5258.50 Sensex down by 160.89 pts at 17380.75 Bank Nifty down by 94.70 pts at 9990.50 Global Market European markets were up with FTSE up by 35.41 pts at 5754.86 ,CAC up by 45.30 pts at 3424.41 and DAX up by 88.44 pts at 6983.93 Dow future down by 74.00 pts at 13056.00 WWW.EPICRESEARCH.CO 09993959693 DAILY EQUITY NEWSLETTER 3 RD SEPTEMBER 2012 HEADLINES Q1 GDP grows at 5.5%, languishes around 3-year low. Q1 FY13 GDP at 5.5%: RBI unlikely to cut interest rates. US companies assure support to India's Infra Debt Fund. Big blow for Sahara as Supreme Court orders group to refund 17400 crore to investors.

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Transcript of DAILY EQUITY REPORT BY EPIC RESEARCH-31 SEPTEMBER 2012

Page 1: DAILY EQUITY REPORT BY EPIC RESEARCH-31 SEPTEMBER 2012

HEADLINES

Indian Market

Indian equity markets down by -1.06% .

Nifty down by 56.55 pts and settle at 5258.50

Sensex down by 160.89 pts at 17380.75

Bank Nifty down by 94.70 pts at 9990.50

Global Market

European markets were up with FTSE up by 35.41 pts at 5754.86 ,CAC up by 45.30 pts at 3424.41 and DAX up by 88.44 pts at 6983.93

Dow future down by 74.00 pts at

13056.00

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DAILY EQUITY NEWSLETTER 3RD SEPTEMBER 2012

HEADLINES

• Q1 GDP grows at 5.5%, languishes

around 3-year low.

• Q1 FY13 GDP at 5.5%: RBI unlikely to

cut interest rates.

• US companies assure support to

India's Infra Debt Fund.

• Big blow for Sahara as Supreme Court

orders group to refund 17400 crore to

investors.

Page 2: DAILY EQUITY REPORT BY EPIC RESEARCH-31 SEPTEMBER 2012

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 31-Aug-12 3084.38 3295.46 -211.08

DII 31-Aug-12 1114.32 1286.86 -172.54

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5461 5396 5331 5294 5266 5229 5201 5136 5071

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MARKET ANALYSIS:

Key benchmark indices edged lower in choppy trade after the latest data showed that the nation's GDP

growth languished around its lowest in three years in Q1 June 2012.

The BSE Sensex was down 160.89 points or 0.92% to 17,380.75. The index tumbled 204.03 points at

the day's low of 17,337.61 in mid-afternoon trade, its lowest level since 6 August 2012. The index

rose 15.98 points at the day's high of 17,557.62 in opening trade.

The S&P CNX Nifty was down 59.40 points or 1.12% to 5,255.65, as per provisional figures. The

index hit a low of 5,238.90 in intraday trade, its lowest level since 3 August 2012. The index hit high

of 5,303.25 in intraday trade.

The market breadth, indicating the overall health of the market, was negative. On BSE, 1,450 shares

fell and 1,351 shares rose. A total of 129 shares were unchanged.

Index heavyweight Reliance Industries (RIL) lost 2.07% to Rs 765.80. Index heavyweight and cigarette

maker ITC declined 0.76% to Rs 267.75. GlaxoSmithKline Consumer Healthcare rose 1.86% to Rs

2966. Procter & Gamble Hygiene and Health Care gained 3.5% to Rs 2460.

STOCKS TO WATCH

AMBUJA

HDFC BANK

RANBAXY

POLARIS

SCRIPS IN BAN PERIOD

COREEDUTEC

MCDOWELL-N

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EXPERT OPINION

NIFTY

Nifty looks sideways

Strategy: Buy on dips, sell on rise

Support:5280

Resistance:5350

BANK NIFTY

Bank Nifty looks sideways

Strategy: Buy on dips, sell on rise

Support:10020

Resistance:10150

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH SBI B TGT ACHIEVED

CASH POWER GRID B NOT EXECUTED

FUTURE POLARIS B NOT EXECUTED

FUTURE RANBAXY B TGT ACHIEVED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHANGE

%

CHANGE

Bharti Airtel

247.8 6093.23 242.85 4.95 2.04

HDFC 735.3 20084.2

9 726.6 8.7 1.2

Cipla 376.45 3405.17 372.3 4.15 1.11

Grasim

2989.8 36.11 2975.9 13.9 0.47

Ranbaxy

551.7 888.18 549.5 2.2 0.4

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET %

CHANGE

BPCL 334.85 734.14 348 -13.1 -3.78

Hero MotoCorp

1763 576.33 1823.6 -60.6 -3.32

IDFC 134.05 10868.28 138.45 -4.4 -3.18

Kotak Mahindra

Bank 574.1 687.18 592.55 -18.4 -3.11

BHEL 213.25 4566.35 219.1 -5.85 -2.67

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MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET 3RD

TARGET STOP LOSS

AMBUJA SELL 183.55 181.00 178.50 175.50 185.50

HDFC BANK SELL 589.50 585.50 580.00 573.00 596.10

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET 3RD

TARGET STOP LOSS

ONGC SELL 273.40 120.70 122.20 124.70 127.70

RANBAXY BUY 555.00 558.00 562.00 566.00 551.00

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