Intraday Outlook 15th Apr

Infosys results: Q4 net down 2.4% to Rs 2316 cr; sees FY13 EPS @ $ 3.12-3.17

Infosys , country's second largest software services exporter has reported mildly better than expected net profit of Rs 2,316 crore for the fourth quarter of FY12, a fall of 2.36% QoQ. CNBC-TV18 poll of analysts expected it at Rs 2,290 crore.
The company has disappointed the street by its revenues and EBIT, though profits came in slightly higher than expectations. Even the company missed its guidance for its earnings per share
However, revenues fell 4.8% QoQ to Rs 8,852 crore, which was quite lower than CNBC-TV18's expectations of Rs 9,148 crore.
Earnings before interest and tax too dropped 8.7% QoQ to Rs 2,647 crore - that was well below its expectations of Rs 2,750 crorore.
EBIT margin dropped at 29.9% in the fourth quarter of FY12 as against 31.17% in the previous quarter.
However, the company has made investors happy by giving a special dividend of Rs 10 a share.
Q1 and FY13 guidance
Company expects earnings per share in terms of dollar at USD 3.12-3.17 for FY13, a growth of 4-5.7%.
Revenues are expected to grow by 8.10% in FY13 as against expectations of 12-14%, company says.
For the first quarter of next financial year, earnings per share will be USD 0.73, an increase of 9% YoY
 

9:16:18AM : Sell Nifty 5272-76 with SL 5298 target 5238-08

9:51:42AM : Increase ur SL to 5308
11:54:43AM : Add more Short Nifty @ 5292-95 range with same SL 5308 TGT 5248-18
 ---------------------------------------------------------------------------------------------------------------------
12:35:37PM : Sell Nifty 5302 with SL 5316 Tgt 5272-55
1:24:21PM : Nifty done 1st TGT @ 5272 made low 5270

9:39:06 AM   :Sell Nifty 5220-24 with SL 5248 Target 5196-5167

11:02:18 AM :Reduce UR SL 5238

12:41:54 AM:Nifty made low 5203 and now SL Triggered loss only -14pts (-7000) loss booked

 -------------------------------------------------------------------------------------------------------------------------

12:59:18 PM: Sell Nifty 5248 SL 5262 TGT 5218-04 (Loss cover call)

1:28:26 PM : Nifty made low 5228..U can take 18 pts Rs. 9000gain CMP 5230

Today's Net gain (-7000+9000) =2000  

9:13   Sell Nifty below 5268-5274 With SL 5296 SL TGT 5228-5204
call not get active

9:51:47  Sell Nifty 5258-60 with SL 5276 TGT 5232-5204
12:42:26 Nifty 1st TGT Done @ 5232 gained 28 pts  (made low 5226)