HEADLINES

Indian Market

Indian equity markets up by 2.46%.

Nifty up by 136.90 pts and settle at 5691.15.

Sensex up by 403.59 pts at 18752.84.

Bank Nifty up by 463.70 pts at 11384.50.

Global Market

European markets were down with FTSE down by 9.01 pts at 5845.63 ,CAC up by 1.30 pts at 3511.22 and DAX down by 23.15 pts at 7412.64

Dow future up by 36.00 pts at 13629.00

WWW.EPICRESEARCH.CO 09993959693

DAILY EQUITY NEWSLETTER 24TH SEPTEMBER 2012

HEADLINES

• Post Leapfrog tie-up M&M Insurance

value Rs 520cr.

• UB Group, Diageo in final talks over

valuations

• Walmart hopes to open first India store

within 18 mnths.

• NTPC to raise $750m through bonds,

syndicate loans

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 21-Sep-12 6806.02 4478.2 2327.82

DII 21-Sep-12 1758.29 2885.57 -1127.28

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6098 5953 5808 5751 5663 5606 5518 5373 5228

WWW.EPICRESEARCH.CO 09993959693

MARKET ANALYSIS:

Key benchmark indices surged on the last trading session of the week, with the market sentiment

boosted by the government on Thursday notifying the rules for allowing greater foreign investment in

retail, aviation and broadcasting sectors. The government's announcement during trading hours today,

21 September 2012, of a reduction on taxes on overseas loans of local companies as well as

announcement of a plan offering tax relief to retail equity investors, also boosted sentiment.

The BSE Sensex was up 403.59 points or 2.2% to 18,752.84. The index jumped 517.62 points at the

day's high of 18,866.87 in early afternoon trade, its highest level since 26 July 2011.

The S&P CNX Nifty was up 140.65 points or 2.53% to 5,694.90, as per provisional figures.

Among the 30-share Sensex pack, 26 gained while only four of them declined.

Index heavyweight and cigarette maker ITC advanced 1.77% to Rs 261. Index heavyweight Reliance

Industries (RIL) rose 2.16%.Capital goods stocks rose on renewed buying. BEML, Bhel, ABB,

Thermax and Siemens rose by between 1.41% to 7.3%.L&T gained 3.95% to Rs 1581.20.State Bank

Of India jumped 4.29%,Axis Bank surged 7.56%.

STOCKS TO WATCH

ANJANEYA LIFECARE

TCS

TATA GLOBAL

AMBUJA

SCRIPS IN BAN PERIOD

PANTALOONR

SUZLON

WELCORP

-

www.epicresearch.co 09993959693

.

EXPERT OPINION

NIFTY

Nifty looks Upwards

Strategy: Buy on dips

Support:5660

Resistance: 5720

BANK NIFTY

Bank Nifty looks Upwards

Strategy: Buy on dips

Support:11320

Resistance:11450

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH APTECH S NOT EXECUTED

CASH R COMM B TGT ACHIEVED

FUTURE BOMBAY DYEING S

TGT ACHIEVED

FUTURE TATA STEEL S NOT EXECUTED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANGE

Reliance

Infra 544.05 5505.29 495.80 48.25 9.73

SAIL 92.65 7369.15 85.95 6.70 7.80

Axis Bank

1124.65 5540.04 1044.40 80.25 7.68

BHEL 232.40 11658.30 216.15 16.25 7.52

Jindal Steel

426.90 8733.23 400.60 26.30 6.57

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET %

CHAN

GE

TCS 1304.05 2123.03 1322.00 -17.95 -1.36

Dr Reddys Lab

1643.70 822.05 1665.05 -21.35 -1.28

Infosys 2593.30 1536.28 2617.20 -23.90 -0.91

Sun Pharma

Inds. 669.50 1679.56 671.00 -1.50 -0.22

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ANJANEYA LIFECARE SELL 707.00 700.00 690.00 714.00

TATA GLOBAL BUY 131.90 133.20 135.00 130.60

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

ADANI BUY 204.70 206.70 209.70 202.70

AMBUJA BUY 196.40 197.40 199.00 195.40

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, togethe r 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.