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HEADLINES -=6

 Indian Market

DAILY EQUITY NEWSLETTER 8TH MAY 2013

Indian equity markets were up 1.21%

Nifty up by 72.50 pts and settle at 6043.55

Sensex up by 215.31 pts at 19888.95

Bank Nifty up by 235.10 pts at 12631.50

 Global Market 

European markets were up with FTSE up by 25.13 closed at 6546 ,CAC up by 23.81 closed at 3930 and DAX up 81.48 closed at 8193 Dow future was 14940.00

up by 34 closed at

 HEADLINES • GSK Pharma Q1 net up 37% to Rs 169cr, shares rally • Banks recover Rs 1000cr from Kingfisher Airlines • Will finish internal inquiries on Cobrapost next month: SBI • DLF picks banks to sell up to 81 mn shares

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 MARKET ANALYSIS:  Key benchmark indices edged higher for the second day in a row on positive cues from Asian and European markets. The barometer index, the S&P BSE Sensex, hit its highest level in more than 13 weeks. The CNX Nifty hit over 13-week high above the psychological 6,000 level. The Sensex was provisionally up 207.95 points or 1.06%, up 184.26 points from the day's low and off 36.29 points from the day's high. Index heavyweight and cigarette major ITC scaled record high. Another index heavyweight Reliance Industries (RIL) also edged higher. The market breadth, indicating the overall health of the market, was positive. All the 13 sectoral indices on BSE were in the green.  Bank stocks edged higher. FMCG stocks also rose. Shares of liquor major United Spirits scaled record high. GlaxoSmithKline Pharmaceuticals pared gains after the company reported Q1 March 2013 result during market hours.  Key benchmark indices edged higher in early trade on positive Asian stocks. Key benchmark indices extended gains to strike fresh intraday high in morning trade. The barometer index, the S&P BSE Sensex, hit its highest level in over 13 weeks. Key benchmark indices held firm in mid-morning trade.  Key benchmark indices held firm in early afternoon trade. The market trimmed gains after hitting fresh intraday high in afternoon trade. Key benchmark indices scaled fresh intraday high in mid-afternoon trade. The market extended gains in late trade.  Among the 30-share Sensex pack, 23 stocks gained while rest of them declined.

 FII’s and DII’s

STOCKS TO WATCH BAJAJ AUTO

CATEGORY

DATE

BUY

SELL

NET

CAIRN INDIA

FII

6-May-13

2402.72

1505.26

897.46

TCS

DII

6-May-13

622.05

1162.88

-540.83

INFOSYS

SCRIPS IN BAN PERIOD

 NIFTY DAILY PIVOTS PIVOT

R4

R3

R2

R1

PP

S1

S2

S3

S4

NIFTY

6229

6161

6093

6068

6025

6000

5957

5889

5821

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.

 GAINERS AND LOOSERS

EXPERT OPINION NIFTY

DAILY NIFTY GAINERS SCRIPS

Hero Moto Bharti Airtel

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHANG

GE

E

1706.35

286.47

1649.40

56.95

3.45

331.20

5984.80

320.50

10.70

3.34

Nifty looks Bearish

Strategy: Sell on rise

Support: 6000

Resistance: 6080 BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

2.86

Support: 12560

2.79

Resistance: 12700

Axis Bank

1503.95

1471.43

1459.75

44.20

3.03

DLF

239.35

7234.49

232.70

6.65

ITC

335.30

5113.02

326.20

9.10

460 

DAILY NIFTY LOOSERS SCRIPS

RATE

VOL.

PR.

NET

%

(000)

CLOSE

CHAN

CHAN

GE

GE

Coal India

309.95

3570.51

316.45

-6.50

-2.05

M&M

959.10

1125.35

966.45

-7.35

-0.76

Ambuja Cement

185.25

5100.75

186.15

-0.90

-0.48

BPCL

406.70

560.41

408.45

-1.75

-0.43

Ranbaxy

457.30

652.67

458.70

-1.40

-0.31

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.0 PREVIOUS PERFORMANCE TYPE

SCRIP

B/S

RESULT

CASH

ADANI

B

TGT HIT

CASH

ARVIND

B

TGT HIT

FUTURE

AMBUJA

S

SL TRIGERRED

FUTURE

ALLAHBAD BANK

S

TGT HIT

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MARKET CALLS CASH

6 SCRIPS

ACTION

LEVEL

1ST TARGET

2ND TARGET

STOP LOSS

APOLLO TYRE

BUY

100.90

101.40

101.90

100.40

HDIL

BUY

56.20

56.70

57.20

55.70

FUTURE SCRIPS

ACTION

LEVEL

ST

1

TARGET

ND

2

TARGET

STOP LOSS

. CENTURY TEXTILE

BUY

318.50

320.50

322.50

316.50

BHARTI AIRTEL

BUY

331.00

333.00

335.00

329.00

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DAILY EQUITY REPORT BY EPIC RESEARCH-8th May 2013  

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex...

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