Daily equity report 06 july 2018 by epic research

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DAILY EQUITY REPORT 6 JULY 2018

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DAILY MARKET WRAPUP 6 JULY 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10749.75

-20.15

-0.19

SENSEX

35574.55

-70.85

-0.20

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,925.75

0.1

10,905.50

10,946.95

10,852.85

10,914.35

FIN SERVICE

11,043.20

0.22

11,035.95

11,080.65

11,003.35

11,019.15

FMCG

29,399.15

1

29,146.40

29,519.90

29,063.90

29,108.15

IT

13,970.50

-1.1

14,180.30

14,184.45

13,898.90

14,126.15

MEDIA

3,010.95

0

3,011.70

3,022.25

2,985.10

3,010.90

METAL

3,322.45

-1.42

3,358.10

3,358.10

3,302.30

3,370.45

PHARMA

9,274.25

-1.33

9,429.90

9,462.40

9,255.60

9,399.60

PSU BANK

2,752.00

-0.5

2,771.40

2,781.10

2,747.80

2,765.90

REALTY

264.65

-1.8

268.65

269.45

263.5

269.5

ENERGY

13,171.05

-1.51

13,425.65

13,496.70

13,113.05

13,372.70

INFRA

3,044.65

-0.52

3,061.60

3,061.95

3,031.45

3,060.60

MNC

14,473.40

0.12

14,465.80

14,502.00

14,413.70

14,455.80

PSE

3,461.45

-0.1

3,464.55

3,478.30

3,442.25

3,465.05

SERV SECTOR

14,602.75

-0.24

14,664.40

14,665.80

14,573.25

14,637.65

GROWSECT 15

6,950.60

0.83

6,903.60

6,967.60

6,894.65

6,893.35

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EPIC RESEARCH– ANALYST SPEAKS 6 JULY 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10820.53

10790.27

10760.73

10730.47

10700.93

Bears managed to regain control of Dalal Street after a rollercoaster ride. The Nifty50 closed mildly in the red as globally investors remained cautious ahead of the implementation of tariffs by the US and China on Friday.The index failed to hold on to 10,750 levels and formed a bearish candle pattern on the daily charts which also resembles a small Bearish Belt Hold kind of pattern.We recommend to BUY NIFTY FUTURE AROUND 10700-10710 TGT 10750-10800 SL ABOVE 10650.

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EPIC RESEARCH– ANALYST SPEAKS 6 JULY 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

26687.30

26585.60

26494.30

26392.60

26301.30

The Nifty Bank index closed at 26,503.30, up 69.35 points. The important Pivot level, which will act as crucial support for the index, is placed at 26,412.87, followed by 26,322.43. On the upside, key resistance levels are placed at 26,596.07, followed by 26,688.84. so we advice you to BUY Nifty Bank future around 26475-26480 tgt 26550-26650 sl below 26400.

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EPIC RESEARCH– ANALYST SPEAKS 6 JULY 2018

BHARATFIN FUTURE

The particular script of finance sector has shown a clear rejection from its crucial resistance level of 1200 here it has made a bearish harami candle, we can sell on early trading session so we advice to SELL BHARATFIN AROUND 1194-96 TGT 1188-1180 SL ABOVE 1200

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EPIC RESEARCH– ANALYST SPEAKS 6 JULY 2018

JETAIRWAYS FUTURE

The particular script is continuosly moving in a downtrend now it has made bearish continuation breakout ,earlier it had a resistance level at 336 below which it has closed here we can sell on weakness so we advice to SELL JETAIRWAYS AROUND 335-334 TGT 330-326 SL ABOVE 338

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DISCLAIMER 6 JULY 2018 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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