DAILY EQUITY REPORT 01 AUG 2018
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DAILY MARKET WRAPUP 01 AUG 2018
INDIAN INDICES INDEX
CMP
Change
% Chg
NIFTY
11356.50
37.00
0.33
SENSEX
37606.58
112.18
0.30
-0.16 Index
Current
% Change
Open
High
Low
Prev. Close
AUTO
10,973.75
0.45
10,946.50
10,988.45
10,888.45
10,925.05
FIN SERVICE
11,662.90
-0.65
11,708.65
11,711.30
11,605.45
11,738.85
FMCG
31,007.25
0.55
30,863.25
31,038.25
30,638.55
30,836.60
IT
14,587.80
1.16
14,432.60
14,617.75
14,386.80
14,420.55
MEDIA
2,832.55
-0.26
2,844.05
2,851.05
2,815.45
2,839.95
METAL
3,335.10
0.45
3,319.05
3,345.55
3,282.15
3,320.30
PHARMA
9,179.40
0.7
9,125.80
9,210.75
9,088.00
9,115.55
PSU BANK
3,186.25
-1.25
3,223.95
3,270.10
3,164.65
3,226.70
REALTY
3,641.10
0.33
3,624.15
3,647.60
3,609.05
3,629.20
ENERGY
15,150.20
1.6
14,897.05
15,197.10
14,854.30
14,911.50
INFRA
3,158.10
0.22
3,147.45
3,164.15
3,128.50
3,151.15
MNC
14,716.25
1.31
14,539.65
14,736.10
14,464.00
14,525.85
PSE
3,610.60
-0.21
3,615.50
3,623.20
3,593.55
3,618.35
SERV SECTOR
15,363.95
-0.16
15,361.40
15,380.80
15,277.65
15,388.20
GROWSECT 15
7,057.25
0.99
7,000.50
7,063.25
6,970.45
6,988.05
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EPIC RESEARCH– ANALYST SPEAKS 01 AUG 2018
NIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
11428.00
11392.00
11329.00
11293.00
11230.00
The index formed bullish candle on the daily charts, which also resembles a 'Hanging Man' kind of pattern on the daily charts. The 50-share NSE Nifty opened lower at 11,311.05 and hit an intraday low of 11,267.75, but it managed to recoup morning losses in the last hour of trade and touched an intraday all-time high of 11,366. The index closed 37 points higher at 11,356.50. India VIX dropped 1.25 percent to 12.43. Overall lower volatility suggests bulls are holding the tight grip on the market here we advice to buy on decline buy around 11280-90 with stop loss of 11200 for the target of 11400-11600.
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EPIC RESEARCH– ANALYST SPEAKS 01 AUG 2018
BANKNIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
27939.00
27851.00
27751.00
27663.00
27563.00
The Nifty Bank index closed at 27,764.15, down 78.45 points on Tuesday. The important Pivot level, which will act as crucial support for the index, is placed at 27,663.94, followed by 27,563.67. On the upside, key resistance levels are placed at 27,851.84, followed by 27,939.47. Now it has to continue to hold above 27,650 zones to extend its move towards 28,000 then 28,250 zones while on the downside major support exists at 27,500-27,400 zones so we advice you make long position around the levels of 27740-60 for the targets of 27850-28950 with sl below 27680.
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EPIC RESEARCH– ANALYST SPEAKS 01 AUG 2018
JSWSTEEL FUTURE
In the earlier trading session this stock surged with good strength and today it can also contunue its movement, this particular counter has a resistance level of 329.50 above this a chance of breakout can be grabbed, so we advice to buy jswsteel future around the levels of 330-331 for the targets of 335-340 with a stoploss below of 328.
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EPIC RESEARCH– ANALYST SPEAKS 01 AUG 2018
PTC FUTURE
From the daily chart its clear that the particular script is moving in a continuos uptrend and has got a support at its important level of 78.60, it had closed above its previous resistance level of 79.70 today if the market shows strength then it is surly a buy so we advice to make a long position in ptc future around 79-79.30 for the target 85-90 with stoploss below 76.
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