HEADLINES

Indian Market
Indian equity markets up by 0.02%. Nifty up by 1.30 pts and settle at 5665.60 Sensex up by 10.48 pts at 18635.82. Bank Nifty down by 36.95 pts at 11472.20

DAILY EQUITY NEWSLETTER

30TH OCTOBER 2012

Global Market
European markets were down with FTSE down by 37.30 pts at 5769.41,CAC down by 37.26 pts at 3397.83 and DAX down by 53.00 pts at 7178.85 Dow future down by 75.00 pts at 12979.00

HEADLINES
BHEL Q2 net misses forecast, down 10% to Rs 1274cr Wipro up 3% after Credit Suisse upgrades to 'outperform' Bank of India Q2 net dips 38.5% on bad loans; stock down 6% FM unveils 5-yr road map for fiscal consolidation

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 MARKET ANALYSIS:
Key benchmark indices eked out small gains in choppy after Prime Minister Dr. Manmohan Singh announced a major reshuffle of his Council of Ministers on Sunday, 28 October 2012 and after Finance Minister P. Chidambaram today, 29 October 2012, announced a plan of fiscal consolidation during the period of the 12th Plan, i.e. from 2012-13 to 2016-17. The BSE Sensex was up 12.83 points or 0.07% to 18,638.17. The S&P CNX Nifty was up 1.20 points or 0.02% to 5,665.50. From the 30-share Sensex pack, 16 stocks rose while the rest of them fell. JSW Steel rose 0.33% on strong Q2 results. The company's net profit jumped 547% to Rs 822 crore on 16% growth in net sales to Rs 8834 crore in Q2 September 2012 over Q2 September 2011. Power equipment major Bharat Heavy Electricals (Bhel) dropped after weak Q2 results. The stock was down 6.42% at Rs 226.70. Bank of India fell 2.06% after net profit fell 38.53% to Rs 301.85 crore on 15.15% growth in total income to Rs 8899.55 crore in Q2 September 2012 over Q2 September 2011.

FIIs and DIIs

CATEGORY DATE BUY SELL NET

STOCKS TO WATCH PFC A2Z MAINTENANCE AMBUJA BATA INDIA

FII DII

29-Oct-12 29-Oct-12

1563.31 839.42

1639.88 849.17

-76.57 -9.75

NIFTY DAILY PIVOTS

PIVOT NIFTY R4 5828 R3 5775 R2 5722 R1 5693 PP 5669 S1 5640 S2 5616 S3 5563 S4 5510

SCRIPS IN BAN PERIOD WELCORP SUZLON

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-GAINERS AND LOOSERS

EXPERT OPINION
NIFTY

DAILY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR. CLOSE NET CHAN GE % CHANG E

Nifty looks Sideways Strategy: Sell on rise Support:5630

2.62 1.87

Wipro Hero Moto Tata Power Dr Reddys Reliance Ind.

344.85 1904.70 106.55 1697.70 811.20

1788.46 549.96 2193.82 109.07 2510.11

336.05 1869.70 104.75 1670.25 798.95

8.80 35.00 1.80 27.45 12.25

Resistance: 5710
BANK NIFTY

Bank Nifty looks Sideways

1.72 1.64 1.53

Strategy: Sell on rise Support:11400 Resistance:11530

PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT

DAILY NIFTY LOOSERS CASH

SCRIPS RATE VOL. (000) PR. CLOSE NET CHAN GE % CHA NGE

A2Z MAINT CHAMBAL FERTILIZER AMBUJA PFC

S B B S

ABOVE COST TGT ACHIEVED TGT ACHIEVED ABOVE COST

CASH FUTURE

BHEL Tata Motors BPCL Coal India L&T

226.90 256.75 342.60 350.10 1687.65

10953.34 4690.45 169.86 903.96 1207.84

242.45 261.50 348.00 355.05 1709.30

-15.55 -4.75 -5.40 -4.95 -21.65

-6.41 -1.82 -1.55 -1.39 -1.27 FUTURE

UPCOMING RESULTS
BIOCON IDBI BANK IRB INFRA MARUTI SUZUKI

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MARKET CALLS
CASH
SCRIPS UFLEX APOLLO TYRE ACTION SELL BUY LEVEL 103.15 85.70 1
ST

TARGET 102.15 86.50

ND

TARGET 101.15 87.25

STOP LOSS 104.15 84.95

FUTURE
SCRIPS . PFC CROMTON GREAVES BUY SELL 187.00 122.70 188.00 121.70 189.50 120.20 186.00 123.70 ACTION LEVEL 1
ST

TARGET

ND

TARGET

STOP LOSS

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