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WEEKLY NEWS
                                 High inflation can't be new normal: Subbarao
                                  RBI Governor D Subbarao has said that high inflation
                                  can not be the new normal. He reiterated today that
                                  India's near-term inflation target remains around 5%. He
                                  demolished the argument for keeping India's near term
                                  inflation target higher.What the Reserve Bank Governor
                                  is saying today is significant for a longish period of time
                                  not necessarily for the short-term. At least for the past
                                  three or four years starting from Kaushik Basu there has
                                  been a pressure on the Reserve Bank to accept that
                                  India's inflation cannot be at the old 5 percent goal
                                  which was attained over the past 15 years up until 2008
                                  and that it has to be revised higher.
 WEEKLY EQUITY                   SC dismisses KFA's plea on depositing Rs
  NEWSLETTER                      185cr to IT dept
       TH
    11 MARCH 2013                 The Supreme Court today rejected Kingfisher Airlines '
                                  plea against the Karnataka High Court's order directing
                                  it to deposit around Rs 185 crore with the Income Tax
                                  Department as TDS from its employees' wages.The
                                  apex court, which had asked the cash-strapped airlines
 MARKET UPDATE:-                 to deposit the money within four weeks, refused to
                                  extend the time limit as sought by the Kingfisher's
   Nifty up by 241 pts and
                                  counsel.
    settle at 5945.70
                                 Economy to bounce back to 8% growth rate by
   Bank Nifty up by 682 pts      2015-16: PM
    at 12197.25                   Striking an optimistic note, Prime Minister Manmohan
                                  Singh today exuded confidence that the economic
                                  slowdown will not continue and the country will bounce
                                  back to the growth rate of 7 to 8 percent in next two to
                                  three years.




   http://www.epicresearch.co                                    09752199966
   09993959693
MARKET ANALYSIS
        KEY BENCHMARK INDICES EDGED HIGHER IN THE WEEK ENDED FRIDAY, 8 MARCH 2013 AS WORLD
         STOCKS ROSE ON BULLISH ECONOMIC DATA IN THE US AND CHINA, THE WORLD'S NO 1 AND 2 ECONOMIES.
         THE BAROMETER INDEX, THE 30-SHARE S&P BSE SENSEX, ATTAINED ITS HIGHEST CLOSING LEVEL IN
         MORE THAN 4-1/2 WEEKS. THE 50-UNIT CNX NIFTY ATTAINED ITS HIGHEST CLOSING LEVEL IN MORE
         THAN 4 WEEKS. INDIAN STOCKS GAINED IN FOUR OUT OF FIVE TRADING SESSIONS IN THE WEEK ENDED
         FRIDAY, 8 MARCH 2013. THE BSE MID-CAP AND THE BSE SMALL-CAP INDICES UNDERPERFORMED THE
         SENSEX DURING THE WEEK
        IN THE WEEK ENDED FRIDAY, 8 MARCH 2013, THE 30-SHARE S&P BSE SENSEX ADVANCED 764.71
         POINTS OR 4.04% TO 19,683.23. THE 50-UNIT CNX NIFTY GAINED 226 POINTS OR 3.95% TO 5,945.70.
        FROM 30-SHARE SENSEX PACK, 27 STOCKS GAINED AND ONLY THREE OF THEM DECLINED IN THE WEEK
         ENDED FRIDAY, 8 MARCH 2013
        HINDUSTAN UNILEVER (DOWN 3.25%) AND NTPC (DOWN 0.43%) EDGED LOWER FROM THE SENSEX
         PACK.CIPLA (UP 5.93%), DR REDDY'S LABORATORIES (UP 4.74%) AND HDFC (UP 4.55%) EDGED
         HIGHER FROM THE SENSEX PACK.
         METAL STOCKS EDGED HIGHER AS GLOBAL COMMODITY PRICES ROSE. STERLITE INDUSTRIES (INDIA) (UP
         8.37%) AND HINDALCO INDUSTRIES (UP 2.22%) GAINED.STEEL SHARES ROSE AFTER THE MINISTER OF
         STEEL, MR. BENI PRASAD VERMA ON THURSDAY, 7 MARCH 2013, SAID THAT THE SUPREME COURT HAS
         PERMITTED SOME MINES IN KARNATAKA TO REOPEN.




.

                                              EXPERT OPINION
                 NIFTY WEEKLY PIVOTS

       NIFTY                                                     BANK NIFTY

       Nifty looks Bearish                                   Bank Nifty looks Bearish

       Strategy: Sell on rise                                Strategy: Sell on rise

       Support:5900                                          Support: 12100

       Resistance: 6000                                      Resistance: 12300

                                            NIFTY WEEKLY PIVOTS


    PIVOTS      R4        R3          R2        R1    PP           S1         S2          S3          S4


    NIFTY     6720       6431        6142      6043   5853       5754        5564        5275         4986




              http://www.epicresearch.co                                                09752199966
NIFTY WEEKLY CHART




                              WEEKLY BANK NIFTY CHART




http://www.epicresearch.co                               09752199966
 GAINERS AND LOOSERS

                                                        WEEKLY NIFTY GAINERS

                           SCRIPS             RATE        VOL. (000)           PR.               NET           % CHANGE
                                                                             CLOSE            CHANGE

                           Jindal Steel      367.20         5516.29          347.35             19.85               5.71
                            IDFC             160.25         7378.75          153.90             6.35                4.13
                            HDFC             813.25         2909.91          782.05             31.20               3.99
                            BPCL             405.40         1648.55          390.65             14.75               3.78
                            Kotak
                                             675.30         1100.68          655.25             20.05               3.06
                          Mahindra

                                                         WEEKLY NIFTY LOOSERS
.
                             SCRIPS             RATE           VOL.          PR. CLOSE             NET          % CHANGE
                                                               (000)                            CHANGE

                            Hindustan
                                                437.80        1620.89           452.80            -15.00            -3.31
                            Unilever
                              Ambuja            187.40        1217.04           192.55             -5.15            -2.67
                            Bajaj Auto         2013.45        494.17           2028.30            -14.85            -0.73
                               NTPC             149.05       11395.92           150.05             -1.00            -0.67
                                ACC            1263.00        149.90           1267.40             -4.40            -0.35


    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.

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Weekly equity-report by epic research 11 march 2013

  • 1. WEEKLY NEWS  High inflation can't be new normal: Subbarao RBI Governor D Subbarao has said that high inflation can not be the new normal. He reiterated today that India's near-term inflation target remains around 5%. He demolished the argument for keeping India's near term inflation target higher.What the Reserve Bank Governor is saying today is significant for a longish period of time not necessarily for the short-term. At least for the past three or four years starting from Kaushik Basu there has been a pressure on the Reserve Bank to accept that India's inflation cannot be at the old 5 percent goal which was attained over the past 15 years up until 2008 and that it has to be revised higher. WEEKLY EQUITY  SC dismisses KFA's plea on depositing Rs NEWSLETTER 185cr to IT dept TH 11 MARCH 2013 The Supreme Court today rejected Kingfisher Airlines ' plea against the Karnataka High Court's order directing it to deposit around Rs 185 crore with the Income Tax Department as TDS from its employees' wages.The apex court, which had asked the cash-strapped airlines  MARKET UPDATE:- to deposit the money within four weeks, refused to extend the time limit as sought by the Kingfisher's  Nifty up by 241 pts and counsel. settle at 5945.70  Economy to bounce back to 8% growth rate by  Bank Nifty up by 682 pts 2015-16: PM at 12197.25 Striking an optimistic note, Prime Minister Manmohan Singh today exuded confidence that the economic slowdown will not continue and the country will bounce back to the growth rate of 7 to 8 percent in next two to three years. http://www.epicresearch.co 09752199966 09993959693
  • 2. MARKET ANALYSIS  KEY BENCHMARK INDICES EDGED HIGHER IN THE WEEK ENDED FRIDAY, 8 MARCH 2013 AS WORLD STOCKS ROSE ON BULLISH ECONOMIC DATA IN THE US AND CHINA, THE WORLD'S NO 1 AND 2 ECONOMIES. THE BAROMETER INDEX, THE 30-SHARE S&P BSE SENSEX, ATTAINED ITS HIGHEST CLOSING LEVEL IN MORE THAN 4-1/2 WEEKS. THE 50-UNIT CNX NIFTY ATTAINED ITS HIGHEST CLOSING LEVEL IN MORE THAN 4 WEEKS. INDIAN STOCKS GAINED IN FOUR OUT OF FIVE TRADING SESSIONS IN THE WEEK ENDED FRIDAY, 8 MARCH 2013. THE BSE MID-CAP AND THE BSE SMALL-CAP INDICES UNDERPERFORMED THE SENSEX DURING THE WEEK  IN THE WEEK ENDED FRIDAY, 8 MARCH 2013, THE 30-SHARE S&P BSE SENSEX ADVANCED 764.71 POINTS OR 4.04% TO 19,683.23. THE 50-UNIT CNX NIFTY GAINED 226 POINTS OR 3.95% TO 5,945.70.  FROM 30-SHARE SENSEX PACK, 27 STOCKS GAINED AND ONLY THREE OF THEM DECLINED IN THE WEEK ENDED FRIDAY, 8 MARCH 2013  HINDUSTAN UNILEVER (DOWN 3.25%) AND NTPC (DOWN 0.43%) EDGED LOWER FROM THE SENSEX PACK.CIPLA (UP 5.93%), DR REDDY'S LABORATORIES (UP 4.74%) AND HDFC (UP 4.55%) EDGED HIGHER FROM THE SENSEX PACK. METAL STOCKS EDGED HIGHER AS GLOBAL COMMODITY PRICES ROSE. STERLITE INDUSTRIES (INDIA) (UP 8.37%) AND HINDALCO INDUSTRIES (UP 2.22%) GAINED.STEEL SHARES ROSE AFTER THE MINISTER OF STEEL, MR. BENI PRASAD VERMA ON THURSDAY, 7 MARCH 2013, SAID THAT THE SUPREME COURT HAS PERMITTED SOME MINES IN KARNATAKA TO REOPEN. .  EXPERT OPINION NIFTY WEEKLY PIVOTS NIFTY BANK NIFTY Nifty looks Bearish Bank Nifty looks Bearish Strategy: Sell on rise Strategy: Sell on rise Support:5900 Support: 12100 Resistance: 6000 Resistance: 12300  NIFTY WEEKLY PIVOTS PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4 NIFTY 6720 6431 6142 6043 5853 5754 5564 5275 4986 http://www.epicresearch.co 09752199966
  • 3. NIFTY WEEKLY CHART  WEEKLY BANK NIFTY CHART http://www.epicresearch.co 09752199966
  • 4.  GAINERS AND LOOSERS WEEKLY NIFTY GAINERS SCRIPS RATE VOL. (000) PR. NET % CHANGE CLOSE CHANGE Jindal Steel 367.20 5516.29 347.35 19.85 5.71 IDFC 160.25 7378.75 153.90 6.35 4.13 HDFC 813.25 2909.91 782.05 31.20 3.99 BPCL 405.40 1648.55 390.65 14.75 3.78 Kotak 675.30 1100.68 655.25 20.05 3.06 Mahindra WEEKLY NIFTY LOOSERS . SCRIPS RATE VOL. PR. CLOSE NET % CHANGE (000) CHANGE Hindustan 437.80 1620.89 452.80 -15.00 -3.31 Unilever Ambuja 187.40 1217.04 192.55 -5.15 -2.67 Bajaj Auto 2013.45 494.17 2028.30 -14.85 -0.73 NTPC 149.05 11395.92 150.05 -1.00 -0.67 ACC 1263.00 149.90 1267.40 -4.40 -0.35 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.