WEEKLY EQUITY REPORT BY EPIC RESEARCH- 8 OCTOBER 2012

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WEEKLY NEWS KFA faces licence cancellation; employees continue protests More trouble for Vijay Mallya owned Kingfisher Airlines as the Directorate General of Civil Aviation (DGCA) has now issued a show-cause notice to the airline asking why its flying permit should not be cancelled. Sebi initiates probe into 900-point Nifty 'flash crash' Market regulator Sebi has begun initial probe into the 'flash crash' of NSE index Nifty, which fell by nearly 900 points this morning, halting the trade on the exchange for about 15 minutes. While the National Stock Exchange (NSE) blamed "abnormal" orders placed by stock broker Emkay Global in multiple trades of various stocks at low prices for the crash, sources said that regulator is looking into all aspects of the incident. Sebi may allow investors from 7 more countries to invest in Indian equity and debtmarkets The Securities & Exchange Board of India is planning to sign bilateral treaties with seven more countries to allow wealthy individuals from these jurisdictions to invest in Indian stocks. At present, there are instances of FII funds being allowed from a particular country, but QFIs from the same country not being allowed to invest in the Indian stock markets. By merging these categories, Sebi hopes to do away with ambiguity. http://www.epicresearch.co 09752199966 09993959693 WEEKLY EQUITY NEWSLETTER 8 TH OCTOBER 2012 MARKET UPDATE:- Nifty up 43.65 pts at 5746.95 Bank Nifty up 103 pts at 11513.80

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Transcript of WEEKLY EQUITY REPORT BY EPIC RESEARCH- 8 OCTOBER 2012

Page 1: WEEKLY EQUITY REPORT BY EPIC RESEARCH- 8 OCTOBER 2012

WEEKLY NEWS

KFA faces licence cancellation; employees

continue protests

More trouble for Vijay Mallya owned Kingfisher Airlines

as the Directorate General of Civil Aviation (DGCA) has

now issued a show-cause notice to the airline asking

why its flying permit should not be cancelled.

Sebi initiates probe into 900-point Nifty 'flash

crash'

Market regulator Sebi has begun initial probe into the

'flash crash' of NSE index Nifty, which fell by nearly 900

points this morning, halting the trade on the exchange

for about 15 minutes. While the National Stock

Exchange (NSE) blamed "abnormal" orders placed by

stock broker Emkay Global in multiple trades of various

stocks at low prices for the crash, sources said that

regulator is looking into all aspects of the incident.

Sebi may allow investors from 7 more countries

to invest in Indian equity and debtmarkets

The Securities & Exchange Board of India is planning to

sign bilateral treaties with seven more countries to allow

wealthy individuals from these jurisdictions to invest in

Indian stocks. At present, there are instances of FII

funds being allowed from a particular country, but QFIs

from the same country not being allowed to invest in the

Indian stock markets. By merging these categories, Sebi

hopes to do away with ambiguity.

http://www.epicresearch.co 09752199966 09993959693

WEEKLY EQUITY NEWSLETTER

8TH OCTOBER 2012

MARKET UPDATE:-

Nifty up 43.65 pts at

5746.95

Bank Nifty up 103 pts at

11513.80

Page 2: WEEKLY EQUITY REPORT BY EPIC RESEARCH- 8 OCTOBER 2012

NIFTY WEEKLY PIVOTS

http://www.epicresearch.co 09752199966

MARKET ANALYSIS THE MARKET EDGED HIGHER LAST WEEK AS INVESTORS LAPPED UP SHARES IN ANTICIPATION OF

GOVERNMENT UNVEILING MORE MEASURES TO ATTRACT FOREIGN INFLOWS. FOREIGN INSTITUTIONAL

INVESTORS (FIIS) HAVE BOUGHT SHARES WORTH NET RS 85711.50 CRORE IN CALENDAR 2012 SO FAR

(TILL 4 OCTOBER 2012). FIIS BOUGHT SHARES WORTH NET RS 3380.70 CRORE IN OCTOBER 2012 SO FAR

(TILL 4 OCTOBER 2012). FIIS BOUGHT SHARES WORTH NET RS 19261.50 CRORE IN SEPTEMBER 2012. THE BSE SENSEX ROSE 175.72 POINTS OR 0.94% TO 18,938.46 IN THE WEEK ENDED FRIDAY, 5 OCTOBER

2012. THE 50-UNIT S&P CNX NIFTY ROSE 43.65 POINTS OR 0.77% TO SETTLE AT 5,746.95. AMONG THE 30 SENSEX SHARES, 20 ROSE AND THE REMAINING SHARES DECLINED. INDIA'S LARGEST COMMERCIAL VEHICLE MAKER BY SALES TATA MOTORS ROSE 4.82% TO RS 280.35.

INDIA'S LARGEST BANK BY BRANCH NETWORK STATE BANK OF INDIA (SBI) ROSE 4.53% TO RS 2,339.30. ENGINEERING AND CONSTRUCTION MAJOR L&T ROSE 3.13% TO RS 1,646.65. HINDUSTAN UNILEVER

(HUL) ROSE 3.66% TO RS 564.50. INDEX HEAVYWEIGHT AND CIGARETTE MAKER ITC ROSE 1.40% TO RS

275.70. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL) ADVANCED 2.47% TO RS 857.40. INDIA'S

SECOND LARGEST TWO-WHEELER MAKER BY SALES BAJAJ AUTO WAS THE BIGGEST SENSEX LOSER LAST

WEEK.

.

EXPERT OPINION

NIFTY BANK NIFTY

Nifty looks Consolidate Bank Nifty looks Consolidate

Strategy: Buy on Dips Strategy: Buy on dips

Support: 5850 Support: 11310

Resistance: 5600 Resistance:11710

Suggestion: Sell on rise on Monday, Tuesday and Buy on Dips on Thursday, Friday.

NIFTY WEELY PIVOTS

PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6081 5958 5835 5782 5712 5659 5589 5466 5343

Page 3: WEEKLY EQUITY REPORT BY EPIC RESEARCH- 8 OCTOBER 2012

http://www.epicresearch.co 09752199966

NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

Page 4: WEEKLY EQUITY REPORT BY EPIC RESEARCH- 8 OCTOBER 2012

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GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

JP Associate 88.70 15926.45 82.25 6.45 7.84

Ambuja Cement

216.30 4442.36 202.00 14.30 7.08

BHEL 263.90 3813.78 246.95 16.95 6.86

Siemens 744.35 143.52 709.05 35.30 4.98

Tata Motors

280.55 11540.21 267.55 13.00 4.86

WEEKLY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR. CLOSE NET

CHANGE

% CHANGE

Lupin 568.15 2131.95 595.95 -27.80 -4.66

Bajaj Auto 1751.05 246.41 1830.10 -79.05 -4.32

Cipla 364.25 3138.52 380.10 -15.85 -4.17 Hero Moto 1810.45 300.50 1880.30 -69.85 -3.71

HDFC 749.95 2886.55 774.40 -24.45 -3.16

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