weekly-equity-report BY EPIC RESEARCH 21 JAN 2013

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Transcript of weekly-equity-report BY EPIC RESEARCH 21 JAN 2013

  • WEEKLY NEWS

    Kingfisher to stay grounded on unclear source

    of revival funds

    In the latest episode in the Kingfisher Airlines (KFA)

    saga, the airline management has failed to provide any

    clarity on a revival plan to the consortium of lenders as

    the meeting between the consortium of lenders and KFA

    management on Friday turned out to be another failed

    attempt to revive the company, reports CNBC-TV18's

    Gopika Gopakumar.

    Global shares, oil prices rebound on US budget

    talk

    World equity and oil prices rebounded on Friday after

    Republican leaders of the US House of Representatives

    said they would seek to break a budget impasse next

    week, while the yen hit a 31-month low against the US

    dollar ahead of potential asset purchases by the Bank of

    Japan.

    HDFC Bank Q3 profit up 30%, challenges

    ahead

    India's second largest private sector lender HDFC Bank

    on Friday reported a persistent 30% year-on-year jump

    in its third quarter net profit at Rs 1,859 crore, driven by

    robust growth in other income and loan expansions.

    Since the last 30-31 successive quarters, the net profit

    growth has been in the range of 30-31%.

    http://www.epicresearch.co 09752199966 09993959693

    WEEKLY EQUITY NEWSLETTER

    21ST JANUARY 2013

    MARKET UPDATE:-

    Nifty down by 91 pts and

    settle at 5951.00

    Bank Nifty down by 220 pts at 12617.00

  • NIFTY WEEKLY PIVOTS

    http://www.epicresearch.co 09752199966

    MARKET ANALYSIS NEXT BATCH OF Q3 DECEMBER 2012 RESULTS WILL SET THE TREND FOR THE EQUITY MARKET IN THE

    NEAR TERM. INVESTORS AND ANALYSTS WILL CLOSELY WATCH THE MANAGEMENT COMMENTARY THAT WOULD ACCOMPANY THE RESULT WHICH COULD CAUSE REVISION IN THEIR FUTURE EARNINGS FORECAST

    OF THE COMPANY FOR THE CURRENT YEAR AND OR NEXT YEAR. IN THE WEEK ENDED FRIDAY, 18 JANUARY 2013, THE BSE SENSEX ROSE 375.40 POINTS OR 1.91% TO

    20,039.04, ITS HIGHEST CLOSING LEVEL SINCE 6 JANUARY 2011. THE 50-UNIT S&P CNX NIFTY ROSE 113.10 POINTS OR 1.90% TO 6,064.40 , ITS HIGHEST LEVEL SINCE 5

    JANUARY 2011. AMONG THE 30 SENSEX SHARES, 17 FELL AND THE REMAINING SHARES ROSE. SHARES OF PUBLIC SECTOR OIL MARKETING COMPANIES (PSU OMCS) SURGED FOR THE SECOND

    STRAIGHT DAY AFTER INDIAN OIL CORPORATION (IOC) ON THURSDAY, 17 JANUARY 2013, SAID IT WILL RAISE DIESEL PRICES FROM FRIDAY, 18 JANUARY 2013, AFTER THE GOVERNMENT ON THURSDAY, 17 JANUARY 2013, ALLOWED PSU OMCS TO CHANGE DIESEL PRICES BY A SMALL MARGIN FROM TIME TO TIME. BPCL (UP 16.93%) AND HPCL (UP 11.34%), JUMPED. STATE-RUN OIL EXPLORER ONGC JUMPED 15.58% TO RS 337.50. THE STOCK HIT A 52-WEEK HIGH OF RS 354.10 ON FRIDAY, 18 JANUARY 2013.

    .

    EXPERT OPINION

    NIFTY BANK NIFTY

    Nifty looks Consolidate Bank Nifty looks Consolidate

    Strategy: Sell on rise Strategy: Sell on rise

    Support:5870 Support: 12500

    Resistance: 6120 Resistance: 12740

    NIFTY WEELY PIVOTS

    PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

    NIFTY 6399 6278 6157 6110 6036 5989 5915 5794 5673

  • http://www.epicresearch.co 09752199966

    NIFTY WEEKLY CHART

    WEEKLY BANK NIFTY CHART

  • .

    GAINERS AND LOOSERS

    WEEKLY NIFTY GAINERS

    SCRIPS RATE VOL. (000) PR.

    CLOSE

    NET

    CHANGE

    % CHANGE

    BPCL 434.95 1230.95 370.75 64.20 17.32

    ONGC 337.70 4817.80 292.35 45.35 15.51

    DLF 262.70 2911.28 230.45 32.25 13.99

    HCL Tech. 705.65 1707.15 644.85 60.80 9.43

    NTPC 164.50 1809.11 152.70 11.80 7.73

    WEEKLY NIFTY LOOSERS

    SCRIPS RATE VOL.

    (000)

    PR. CLOSE NET

    CHANGE

    % CHANGE

    M & M 886.00 974.77 937.90 -51.90 -5.53

    Wipro 397.35 4507.55 419.95 -22.60 -5.38

    Hero Moto 1764.10 324.71 1839.45 -75.35 -4.10

    Reliance Infra 527.30 1438.31 547.90 -20.60 -3.76

    Sesa Goa 187.15 1850.92 194.40 -7.25 -3.73

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