weekly-equity-report By Epic Reserach 28-01-2013

download weekly-equity-report By Epic Reserach 28-01-2013

of 4

Transcript of weekly-equity-report By Epic Reserach 28-01-2013

  • 7/29/2019 weekly-equity-report By Epic Reserach 28-01-2013

    1/4

    WEEKLYNEWS

    Uniform gas price policy to be brought so

    Moily

    The Union Ministry of Petroleum and Natural Ga

    India will soon bring in a Uniform Gas Price Polic

    ensure parity in the price of imported and loc

    produced gas."I have worked out the policy, but d

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

    proposed policy will ensure one price for gas th

    imported and that is produced here," Union Ministe

    Petroleum and Natural Gas M Veerappa Moily said

    this evening.

    Imported gas currently costs high, he pointed out..

    Hexaware says not lost any clients; company

    growth track

    Software services firm Hexaware on Monday infor

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

    clients as rumoured in the market, and not "encount

    any adverse outcomes in the recent deal pursuits.

    companys stock was among the big losers in the

    cap space on Thursday, shedding over 9 percent

    Fridsay, the stock closed 4 percent higher at Rs 80.8

    UBS upgrades Maruti to 'buy' on yen weakne

    UBS upgraded its ratings on Maruti Suzuki India

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

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

    yen over the past three months would boost earning

    http://www.epicresearch.co 09752199966

    WEEKLY EQUITY

    NEWSLETTER28

    THJANUARY 2013

    MARKET UPDATE:-

    Nifty down by 11 pts and

    settle at 6074.00

    Bank Nifty up by 15 ptsat 12693.00

    http://www.epicresearch.co/http://www.epicresearch.co/http://www.epicresearch.co/
  • 7/29/2019 weekly-equity-report By Epic Reserach 28-01-2013

    2/4

    NIFTY WEEKLY PIVOTS

    http://www.epicresearch.co 09752199966

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

    DURING THE WEEK ENDED 25TH JANUARY2013 TRADED VOLATILE ON WEAK GLOBAL MARKET MOOD.TINDIAN MARKET THOUGH WITNESSED SHARP SHORT COVERING TOWARDS THE CLOSE OF THE WEEK AHEOF 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 LES

    THAN THIS WOULD CAUSE THE MARKET TO MOVE EITHER WAY.IN THE MEAN TIME SOME OF THEQUARTERLY RESULTS WOULD CONTINUE TO PROVIDE COUNTER SPECIFIC ACTION .

    THE BENCHMARK NIFTY SURGED IN THREE OF THE LAST FIVE TRADING DAYS BUT CLOSED AT 6074.65POINTS ON FRIDAY(10.25 POINTS HIGHER THAN THE END OF THE PREVIOUS WEEK).THE NIFTY FUTUREOF THE JANUARY SERIES RATHER CLOSED AT MARGINAL DISCOUNT TO THE UNDERLYING AT 6073.70.

    IN THE WEEK ENDED FRIDAY,18JANUARY2013, THE BSESENSEX ROSE 375.40 POINTS OR1.91% TO20,039.04, ITS HIGHEST CLOSING LEVEL SINCE 6JANUARY2011.

    DURING THE FULL WEEK ENDED 25TH JANUARY2013 THE NIFTY FUTURE OF THE JANUARY SERIES SHE29.94 LAKH SHARES IN OPEN INTEREST (OI) EVIDENTLY DUE TO SHORT COVERING TO TAKE ITS TOTAL OTO 1.16 CRORE SHARES.ON THE OTHER HAND THE NIFTY FUTURE OF THE FEBRUARY SERIES ADDED 20LAKH 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/http://www.epicresearch.co/http://www.epicresearch.co/free-trial-formhttp://www.epicresearch.co/free-trial-formhttp://www.epicresearch.co/free-trial-formhttp://www.epicresearch.co/
  • 7/29/2019 weekly-equity-report By Epic Reserach 28-01-2013

    3/4

    ://www.epicresearch.co 09752199966

    NIFTY WEEKLY CHART

    http://www.epicresearch.co/http://www.epicresearch.co/http://www.epicresearch.co/free-trial-formhttp://www.epicresearch.co/free-trial-formhttp://www.epicresearch.co/free-trial-formhttp://www.epicresearch.co/
  • 7/29/2019 weekly-equity-report By Epic Reserach 28-01-2013

    4/4

    .

    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 3.66Maruti

    Suzuki1629.80 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

    Disclaimer

    The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any

    responsibility (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 on

    sources that we consider reliable.

    This material is for personal information and based upon it & takes no responsibility

    The information given herein should be treated as only factor, while making investment decision. The report does not provide individually

    tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and

    encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on

    the 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 all

    estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks

    recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views

    expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of

    the 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 any

    financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to

    buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls

    or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious

    Legal Actions can be taken.