Weekly equity-report by epic research 21 jan 2013

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Transcript of Weekly equity-report by epic research 21 jan 2013

  • 1. WEEKLY NEWS Kingfisher to stay grounded on unclear sourceof revival fundsIn the latest episode in the Kingfisher Airlines (KFA)saga, the airline management has failed to provide anyclarity on a revival plan to the consortium of lenders asthe meeting between the consortium of lenders and KFAmanagement on Friday turned out to be another failedattempt to revive the company, reports CNBC-TV18sGopika Gopakumar. Global shares, oil prices rebound on US budgettalkWorld equity and oil prices rebounded on Friday after WEEKLY EQUITYRepublican leaders of the US House of Representativessaid they would seek to break a budget impasse nextNEWSLETTERweek, while the yen hit a 31-month low against the US21ST JANUARY 2013dollar ahead of potential asset purchases by the Bank ofJapan. HDFC Bank Q3 profit up 30%, challengesahead MARKET UPDATE:-Indias second largest private sector lender HDFC BankNifty down by 91 pts andon Friday reported a persistent 30% year-on-year jumpsettle at 5951.00 in its third quarter net profit at Rs 1,859 crore, driven byrobust growth in other income and loan expansions.Bank Nifty down by 220Since the last 30-31 successive quarters, the net profitpts at 12617.00growth has been in the range of 30-31%. http://www.epicresearch.co09752199966 09993959693

2. MARKET ANALYSIS NEXT BATCH OF Q3 DECEMBER 2012 RESULTS WILL SET THE TREND FOR THE EQUITY MARKET IN THENEAR TERM. INVESTORS AND ANALYSTS WILL CLOSELY WATCH THE MANAGEMENT COMMENTARY THATWOULD ACCOMPANY THE RESULT WHICH COULD CAUSE REVISION IN THEIR FUTURE EARNINGS FORECASTOF 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% TO20,039.04, 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 5JANUARY 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 SECONDSTRAIGHT DAY AFTER INDIAN OIL CORPORATION (IOC) ON THURSDAY, 17 JANUARY 2013, SAID IT WILLRAISE DIESEL PRICES FROM FRIDAY, 18 JANUARY 2013, AFTER THE GOVERNMENT ON THURSDAY, 17JANUARY 2013, ALLOWED PSU OMCS TO CHANGE DIESEL PRICES BY A SMALL MARGIN FROM TIME TOTIME. BPCL (UP 16.93%) AND HPCL (UP 11.34%), JUMPED. STATE-RUN OIL EXPLORER ONGC JUMPED15.58% TO RS 337.50. THE STOCK HIT A 52-WEEK HIGH OF RS 354.10 ON FRIDAY, 18 JANUARY 2013.. EXPERT OPINION NIFTY WEEKLY PIVOTS NIFTY BANK NIFTY Nifty looks ConsolidateBank Nifty looks Consolidate Strategy: Sell on rise Strategy: Sell on rise Support:5870 Support: 12500 Resistance: 6120 Resistance: 12740 NIFTY WEELY PIVOTSPIVOTSR4 R3R2 R1PPS1 S2S3S4NIFTY6399 62786157 61106036 598959155794 5673 http://www.epicresearch.co09752199966 3. NIFTY WEEKLY CHART WEEKLY BANK NIFTY CHARThttp://www.epicresearch.co 09752199966 4. GAINERS AND LOOSERS WEEKLY NIFTY GAINERS SCRIPS RATEVOL. (000) PR. NET % CHANGE CLOSE CHANGEBPCL 434.95 1230.95370.75 64.2017.32ONGC 337.70 4817.80292.35 45.3515.51 DLF 262.70 2911.28230.45 32.2513.99 HCL Tech. 705.65 1707.15644.85 60.809.43NTPC 164.50 1809.11152.70 11.807.73 WEEKLY NIFTY LOOSERS. SCRIPS RATE VOL.PR. CLOSE NET % CHANGE (000) CHANGEM&M 886.00974.77937.90 -51.90 -5.53 Wipro397.35 4507.55419.95 -22.60 -5.38Hero Moto1764.10324.71 1839.45 -75.35 -4.10Reliance Infra527.30 1438.31547.90 -20.60 -3.76 Sesa Goa 187.15 1850.92194.40-7.25 -3.73DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept anyresponsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up onsources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The report does not provide individuallytailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, andencourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based onthe information given in this report, which is in violation of rules and regulations of NSE and BSE.The share price projections shown are not necessarily indicative of future price performance. The information herein, together with allestimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocksrecommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any viewsexpressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading ofthe information is the acceptance of this disclaimer.All Rights Reserved. Investment in equity & bullion market has its own risks.We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for anyfinancial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer tobuy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our callsor SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then SeriousLegal Actions can be taken.