WEEKLY EQUTY REPORT BY EPIC RESEARCH-16 JULY 2012

4
WEEKLY NEWS June exports fall 5.5 pct, but trade deficit narrows India's exports fell nearly 5.5 percent in June due to weak demand from Europe and the United States. Rupee rises; risk assets gain Rupee extends rise to 55.38/40 from previous 55.93/94 close. Domestic stocks and emerging Asian FX gain after China posted GDP in line with expectations, easing worries about a sharp slowdown in growth in the continent's largest economy. HDFC Bank Q1 net up 31 pct, beats forecast HDFC Bank, India's No.3 lender, beat forecasts with a 30.6 percent rise in quarterly profit, led by stronger loan growth, better fee income and higher net interest margins. Bank of America-Merrill Lynch adds JP Associates to Indian model portfolio Bank of America-Merrill Lynch adds Jaiprakash Associates to its model portfolio, saying a fall in interest rates will help high-debt companies such as the engineering and construction firm. http://www.epicresearch.co +91999399693 09993959693 WEEKLY EQUITY NEWSLETTER 16 TH JULY 2012 MARKET UPDATE:- Nifty down 1.69% at 5227.25. Bank Nifty down 0.57% at 10594.

description

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.

Transcript of WEEKLY EQUTY REPORT BY EPIC RESEARCH-16 JULY 2012

Page 1: WEEKLY EQUTY REPORT BY EPIC RESEARCH-16 JULY 2012

WEEKLY NEWS

June exports fall 5.5 pct, but trade deficit narrows

India's exports fell nearly 5.5 percent in June due to

weak demand from Europe and the United States.

Rupee rises; risk assets gain

Rupee extends rise to 55.38/40 from previous 55.93/94

close. Domestic stocks and emerging Asian FX gain

after China posted GDP in line with expectations, easing

worries about a sharp slowdown in growth in the

continent's largest economy.

HDFC Bank Q1 net up 31 pct, beats forecast

HDFC Bank, India's No.3 lender, beat forecasts with a

30.6 percent rise in quarterly profit, led by stronger loan

growth, better fee income and higher net interest

margins.

Bank of America-Merrill Lynch adds JP Associates to

Indian model portfolio

Bank of America-Merrill Lynch adds Jaiprakash

Associates to its model portfolio, saying a fall in interest

rates will help high-debt companies such as the

engineering and construction firm.

http://www.epicresearch.co +91999399693

09993959693

WEEKLY EQUITY NEWSLETTER

16TH JULY 2012

MARKET UPDATE:-

Nifty down 1.69% at

5227.25.

Bank Nifty down 0.57%

at 10594.

Page 2: WEEKLY EQUTY REPORT BY EPIC RESEARCH-16 JULY 2012

NIFTY WEEKLY PIVOTS

http://www.epicresearch.co +91999399693

WEEKLY ANALYSIS:

Technically the market has not shown any signs of weakness as yet except a loss of momentum and so it is logical to

presume that the market is still up as long as 5275 holds...and the logical target on the upside would still be 5378 and in

extreme case 5446

From a trading point of v iew we would trade the long side of the market as long as 5275 holds as 5275 is a crucial support

to work with.

.

EXPERT OPINION

NIFTY BANK NIFTY

Nifty looks bearish Bank Nifty looks bullish

Strategy: Sell on rise Strategy: Buy on dips

Support: 4872 Support: 10487

Resistance: 5682 Resistance: 10930

NIFTY WEELY PIVOTS

PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5682 5547 5412 5326 5277 5191 5142 5007 4872

Page 3: WEEKLY EQUTY REPORT BY EPIC RESEARCH-16 JULY 2012

http://www.epicresearch.co +91999399693

NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

Page 4: WEEKLY EQUTY REPORT BY EPIC RESEARCH-16 JULY 2012

.

GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

ONGC 285.1 4337.81 278.65 6.45 2.31

GAIL 363.3 478.02 356.7 6.6 1.85

BPCL 386.55 708.68 381.85 4.7 1.23 HDFC 587.05 3935.38 581.5 5.55 0.95

Coal India 354.1 2194.7 351.4 2.7 0.77

WEEKLY NIFTY LOOSERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

Infosys 2229.8 610.93 2444.65 -214.85 -8.79

Wipro 358.85 1403.54 392.15 -33.3 -8.49

Jindal Steel 431.1 3068.65 455.6 -24.5 -5.38

Tata Steel 425 1897.66 448.25 -23.25 -5.19 Tata

Power 98.6 1743.65 103.65 -5.05 -4.87

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 ou r 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.