Daily equity report 29 june 2018 by epic research

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DAILY EQUITY REPORT 29 JUN 2018

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DAILY MARKET WRAPUP 29 JUN 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10589.10

-82.30

-0.77

SENSEX

35037.64

-179.47

-0.51

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,716.20

-1.25

10,875.70

10,885.95

10,691.90

10,852.10

FIN SERVICE

11,045.75

-0.86

11,154.70

11,167.05

11,017.00

11,141.45

FMCG

28,625.15

-0.58

28,859.20

28,874.10

28,556.30

28,792.15

IT

14,018.40

0.54

14,005.65

14,143.30

13,966.35

13,943.50

MEDIA

3,043.60

-2.12

3,103.70

3,112.55

3,017.60

3,109.65

METAL

3,341.80

-1.26

3,394.15

3,394.70

3,329.00

3,384.40

PHARMA

9,263.45

0.17

9,277.65

9,305.10

9,179.50

9,247.75

PSU BANK

2,809.10

-2.43

2,878.40

2,878.40

2,801.35

2,879.00

REALTY

271.1

-1.79

276.2

277.5

269.25

276.05

ENERGY

13,247.15

-2.46

13,559.95

13,559.95

13,199.10

13,581.05

INFRA

3,060.00

-2.04

3,130.00

3,130.60

3,051.20

3,123.60

MNC

14,188.45

-0.83

14,346.10

14,381.15

14,148.30

14,306.75

PSE

3,491.50

-3.13

3,597.40

3,598.35

3,476.75

3,604.15

SERV SECTOR

14,578.85

-0.66

14,706.30

14,724.40

14,543.30

14,675.85

GROWSECT 15

6,751.25

-0.59

6,804.95

6,813.70

6,734.10

6,791.00

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EPIC RESEARCH– ANALYST SPEAKS 29 JUN 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10723.00

10656.00

10606.00

10539.00

10489.00

Bears dominated the D-Street from the word go on Thursday. The index, after breaching 10,700 in Wednesday’s trading session, failed to hold on to 10,600. It formed a long bearish candle on daily charts and the Supertrend indicator gave a sell signal, which does not augur well for bulls. The index slipped below its crucial 50-EMA but took support at its 100-day moving average placed at 10,571. Bears have tightened their hold on D-Street, which is evident from the fact that the widely tracked Supertrend indicator gave a sell signal on the charts yesterday. We recommend to SELL NIFTY FUTURE AROUND 10630-10615 TGT 10550-10500 SL ABOVE 10700.

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EPIC RESEARCH– ANALYST SPEAKS 29 JUN 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

26650.00

26487.00

26324.00

26161.00

25998.00

Bank Nifty continued its selling pressure and has been making lower highs - lower lows from last three trading sessions. As long as the index remains below 26,500 it could drift towards 26,100 and then 25,950 while on the upside major hurdles are seen at 26,500 then 26,750 zones. so we advice you to BUY Nifty Bank future around 26400-26420 tgt 26300-26200 sl below 26480.

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EPIC RESEARCH– ANALYST SPEAKS 29 JUN 2018

BHARATFIN FUTURE

The particular counter is sustaining at its support level of 1157, as per the hourly chart there were two indecsion candles made at that position and as per the daily chart it has rebounded from this level and closed above it so we can get a chance to make a long position from the support level so we advice to BUY BHARATFIN AROUND 1158-1160 TGT 1170-1190 SL BELOW 1150.

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EPIC RESEARCH– ANALYST SPEAKS 29 JUN 2018

DABUR FUTURE

The particular script has breaked its 52 weeks high level but made a bear candle just at its resistance level here we can short at correction, so we advice to SELL DABUR AROUND390-388 TGT 384-380 SL ABOVE 394

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DISCLAIMER 29 JUN 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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