weekly-equity-report BY EPIC RESEARCH 28 JAN 2013

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WEEKLY NEWS Uniform gas price policy to be brought soon: Moily The Union Ministry of Petroleum and Natural Gas of India will soon bring in a Uniform Gas Price Policy to ensure parity in the price of imported and locally- produced gas."I have worked out the policy, but don't know whether it has to go to the Cabinet or not. The proposed policy will ensure one price for gas that is imported and that is produced here," Union Minister for Petroleum and Natural Gas M Veerappa Moily said here this evening. Imported gas currently costs high, he pointed out.. Hexaware says not lost any clients; company on growth track Software services firm Hexaware on Monday informed the stock exchanges that it has not lost any of its large clients as rumoured in the market, and not "encountered any adverse outcomes in the recent deal pursuits."The company’s stock was among the big losers in the mid- cap space on Thursday, shedding over 9 percent. On Fridsay, the stock closed 4 percent higher at Rs 80.80. UBS upgrades Maruti to 'buy' on yen weakness UBS upgraded its ratings on Maruti Suzuki India to "buy" from "neutral," and raised its price target to Rs 2,000 from Rs 1,500, noting the weakening Japanese yen over the past three months would boost earnings. http://www.epicresearch.co 09752199966 09993959693 WEEKLY EQUITY NEWSLETTER 28 TH JANUARY 2013 MARKET UPDATE:- Nifty down by 11 pts and settle at 6074.00 Bank Nifty up by 15 pts at 12693.00

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Transcript of weekly-equity-report BY EPIC RESEARCH 28 JAN 2013

WEEKLY NEWS

Uniform gas price policy to be brought soon:

Moily

The Union Ministry of Petroleum and Natural Gas of

India will soon bring in a Uniform Gas Price Policy to

ensure parity in the price of imported and locally-

produced gas."I have worked out the policy, but don't

know whether it has to go to the Cabinet or not. The

proposed policy will ensure one price for gas that is

imported and that is produced here," Union Minister for

Petroleum and Natural Gas M Veerappa Moily said here

this evening.

Imported gas currently costs high, he pointed out..

Hexaware says not lost any clients; company on

growth track

Software services firm Hexaware on Monday informed

the stock exchanges that it has not lost any of its large

clients as rumoured in the market, and not "encountered

any adverse outcomes in the recent deal pursuits."The

company’s stock was among the big losers in the mid-

cap space on Thursday, shedding over 9 percent. On

Fridsay, the stock closed 4 percent higher at Rs 80.80.

UBS upgrades Maruti to 'buy' on yen weakness

UBS upgraded its ratings on Maruti Suzuki India to

"buy" from "neutral," and raised its price target to Rs

2,000 from Rs 1,500, noting the weakening Japanese

yen over the past three months would boost earnings.

http://www.epicresearch.co 09752199966 09993959693

WEEKLY EQUITY NEWSLETTER

28TH JANUARY 2013

MARKET UPDATE:-

Nifty down by 11 pts and

settle at 6074.00

Bank Nifty up by 15 pts at 12693.00

NIFTY WEEKLY PIVOTS

http://www.epicresearch.co 09752199966

MARKET ANALYSIS DESPITE EXCELLENT SET OF THE EARNINGS NUMBERS BY SOME OF THE HEAVY WEIGHTS THE MARKET

DURING THE WEEK ENDED 25TH JANUARY 2013 TRADED VOLATILE ON WEAK GLOBAL MARKET MOOD. THE

INDIAN MARKET THOUGH WITNESSED SHARP SHORT COVERING TOWARDS THE CLOSE OF THE WEEK AHEAD

OF THE CRUCIAL RBI MEET, THUS ENABLING THE NIFTY TO CLOSE AT TWO YEAR HIGH ON FRIDAY. MARKETS MAY HAVE PRICED IN ATLEAST 25 BPS CUT IN REPO NEXT WEEK, BUT ANYTHING MORE OR LESS

THAN THIS WOULD CAUSE THE MARKET TO MOVE EITHER WAY. IN THE MEAN TIME SOME OF THE

QUARTERLY RESULTS WOULD CONTINUE TO PROVIDE COUNTER SPECIFIC ACTION. THE BENCHMARK NIFTY SURGED IN THREE OF THE LAST FIVE TRADING DAYS BUT CLOSED AT 6074.65

POINTS ON FRIDAY (10.25 POINTS HIGHER THAN THE END OF THE PREVIOUS WEEK). THE NIFTY FUTURE

OF THE JANUARY SERIES RATHER CLOSED AT MARGINAL DISCOUNT TO THE UNDERLYING AT 6073.70. 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. DURING THE FULL WEEK ENDED 25TH JANUARY 2013 THE NIFTY FUTURE OF THE JANUARY SERIES SHED

29.94 LAKH SHARES IN OPEN INTEREST (OI) EVIDENTLY DUE TO SHORT COVERING TO TAKE ITS TOTAL OI

TO 1.16 CRORE SHARES. ON THE OTHER HAND THE NIFTY FUTURE OF THE FEBRUARY SERIES ADDED 20.89

LAKH SHARES IN OI DUE TO LONG BUILDUP TO TAKE ITS TOTAL OI TO 34.05 LAKH SHARES.

.

EXPERT OPINION

NIFTY BANK NIFTY

Nifty looks Consolidate Bank Nifty looks Consolidate

Strategy: Sell on rise Strategy: Sell on rise

Support:6020 Support: 12610

Resistance: 6120 Resistance: 12770

NIFTY WEELY PIVOTS

PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6342 6248 6154 6114 6060 6020 5966 5872 5778

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

Kotak Bank 668.70 969.00 630.95 37.75 5.98

Wipro 412.10 2877.91 397.55 14.55 3.66

Maruti Suzuki

1629.80 1538.19 1574.60 55.20 3.51

M & M 909.10 863.34 882.10 27.00 3.06

ITC 299.80 13437.75 291.55 8.25 2.83

WEEKLY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR. CLOSE NET

CHANGE

% CHANGE

GAIL India 357.6 1691.66 388 -30.4 -7.84

BPCL 414.6 3298.93 440.9 -26.3 -5.97

Tata Motors 304.2 3868.41 323.25 -19.05 -5.89

Hindalco 115.95 3733.59 122.75 -6.8 -5.54

JP Associate 86.35 13195.51 91.15 -4.8 -5.27

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