WEEKLY NEWS

RIL Q1 net slumps 21 per cent

Reliance Industries' quarterly net profit fell 21% as natural gas output dropped and the slowdown in Europe and China squeezed refining margins, but earnings beat market expectations and the company signaled that the numbers would bounce back as new investments in Jamnagar bear fruit.

Rupee falls on global risk aversion; policy reforms key

WEEKLY EQUITY NEWSLETTER

23 JULY 2012
RD

The partially convertible rupee closed at 55.32/33 per dollar, as per the SBI closing rate, weaker than its close of 55.12/13 on Thursday. The local currency fell 0.3 percent during the week.

HSBC raises Jet rating to overweight; target price Rs 550/share

MARKET UPDATE:Nifty down at 5216.25. Bank Nifty down 108 pts at 10509.

HSBC has raised its rating on Jet Airways to overweight from neutral citing strong earnings recovery led by robust operating performance and upward fare revisions as the reason.

Microsoft reports first quarterly loss since going public

Microsoft Corp reported its first quarterly loss as a public company on Thursday as it took a previously

announced hit for writing down the value of its ailing online unit, but held up better than expected in the face of stagnant computer sales.
http://www.epicresearch.co 09993959693 +91999399693

 WEEKLY ANALYSIS:
Technically the market has shown signs of weakness. There is some loss of momentum and so it is logical to presume that the market is going downwards. The close price is close to 200 mark and we expect a resistance of 5350 in the week to come. From a trading point of v iew we would trade the short side of the market as long as 5050 holds as 5050 is a crucial support to work with.

EXPERT OPINION
NIFTY WEEKLY PIVOTS

NIFTY
Nifty looks bearish Strategy: Sell on rise. Support: 5100 Resistance: 5330

BANK NIFTY
Bank Nifty looks bearish Strategy: Sell on rise Support: 10487 Resistance: 10930

NIFTY WEELY PIVOTS

PIVOTS NIFTY R4 5498 R3 5405 R2 5312 R1 5264 PP 5219 S1 5171 S2 5126 S3 5033 S4 4940

http://www.epicresearch.co

+91999399693

 NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

http://www.epicresearch.co

+91999399693

 GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS
SCRIPS RATE VOL. (000) PR. CLOS E NET CHANGE % CHANGE

Bajaj Auto Cairn India Airtel Coal India Sterlite

1592.1 326.85 314.65 361 105.1

323.06 2147.76 2494.2 1002.44 5588.26

1499.05 316.15 307.95 354.1 103.3

93.05 10.7 6.7 6.9 1.8

6.21 3.38 2.18 1.95 1.74

WEEKLY NIFTY LOOSERS

. SCRIPS RATE VOL. (000) PR. CLOS E NET CHANGE % CHANGE

Kotak Bank Tata Motors Reliance Infra Bank of Baroda Maruti Suzuki

563.05 223.4 526.1 696.35 1147.5

325.99 8215.07 1515.36 202.35 592.8

602.8 235.95 546.85 718.9 1183.95

-39.75 -12.55 -20.75 -22.55 -36.45

-6.59 -5.32 -3.79 -3.14 -3.08

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 anal ysis 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 f orecasts, 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 throug h 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.