EPIC RESEARCH: - Daily Equity Report Of 29 Jan 2019

Page 1

DAILY EQUITY REPORT 29 JAN 2019

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DAILY MARKET WRAPUP 29 JAN 2019

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10661

-119

-1.10

SENSEX

35656

-368.84

-1.02

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,143.00

-1.41

8,259.55

8,264.60

8,092.85

8,259.80

FIN SERVICE

11,266.50

-1.89

11,460.55

11,482.30

11,223.05

11,483.60

FMCG

29,565.55

-1.24

29,951.80

29,991.30

29,533.50

29,938.05

IT

15,120.10

0.54

15,085.05

15,161.70

15,026.75

15,039.25

MEDIA

2,147.55

8.37

2,079.35

2,169.55

1,973.55

1,981.60

METAL

2,827.15

-1.06

2,859.20

2,862.20

2,802.35

2,857.55

PHARMA

8,663.90

-2.55

8,886.15

8,886.15

8,638.25

8,891.00

PSU BANK

2,903.55

-1.6

2,955.55

2,965.75

2,872.45

2,950.65

REALTY

229.3

-0.33

231.4

232

227.5

230.05

ENERGY

1,967.70

0.11

1,967.20

1,973.75

1,941.70

1,965.55

INFRA

14,820.05

-1

15,006.25

15,019.05

14,755.85

14,970.05

MNC

13,128.35

-1.05

13,280.25

13,280.30

13,066.35

13,267.00

PSE

3,195.60

-0.35

3,208.60

3,212.55

3,165.40

3,206.75

SERV SECTOR

14,763.40

-1.24

14,955.80

14,966.70

14,709.35

14,949.10

GROWSECT 15

2,052.06

0.1

2,050.31

2,052.06

2,050.31

2,049.90

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EPIC RESEARCH– ANALYST SPEAKS 29 JAN 2019

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10872

10767

10699

10593

10525

NIFTY -On daily & weekly chart we have identify that Head & Shoulder pattern is forming at the top . Head & shoulder & for a short term forming Raising wedge pattern in technical term bearish reversal pattern .Nifty struggling from many weeks to breach the resistense level of 11000.Closing of nifty in this week below 200 EMA & 100 EMA & RSI also showing downwards movement . Our Recommendation is to sell nifty 10650 for targets 10600/10550 Sl 10800 .Upcoming week is so important for the market because Govermnent is going to present Interium Budget on FEB,1 , SO we expect pre budget rally in particular stock or may be in sector .Our focus on agriculture sector , Defense & Capital goods.

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EPIC RESEARCH– ANALYST SPEAKS 29 JAN 2019

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

27338

26995

26791

26449

26245

BANK NIFTY - On weekly chart we havee seen red bearish large candle formed. Closing of bank nifty above its 200 DEMA level &100 EMA . Our recommendation is to SELL bank nifty future in range26650 target 26600/26550 SL 27800 Our view on bank nifty is Bearish ,weakness shown from upper level,because on chart we can not seen strength .On daily chart Nifty bank future forming rising wedge bearish pattern .

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EPIC RESEARCH– ANALYST SPEAKS 29 JAN 2019

TITAN FUTURE

TITAN -In Titan on daily chart as well as weekly we have seen that Buying in this stock by traders as well as investors in last week . Reason behind that quarterly result awaited in this week & also from technical aspect stock now moving towards to break its p revious highs.Ou recommendation is to Buy stock 965 target will be 970/980 SL below 950 .

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EPIC RESEARCH– ANALYST SPEAKS 29 JAN 2019

MCDOWNLL –N FUTURE

MCDOWELL-N – Daily chart of MCDOWELL-N looking week .We have seen the trendline breakdown & also stock does not sustain at upper level . Our recommendation is to sell the stock future from current level Target will be 530 SL 560. RSI & MACD also showing that downtrend continue in this stock .

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DISCLAIMER 29 JAN 2019 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. YOUR MINTVISORY

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