EPIC RESEARCH : - Daily Equity Report Of 01 November 2018

Page 1

DAILY EQUITY REPORT 01 NOV 2018

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DAILY MARKET WRAPUP 01 NOV 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10198.40

-52.50

-0.51

SENSEX -0.16

33891.13

-176.27

-0.52

Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,820.55

0.87

8,785.30

8,833.85

8,600.55

8,744.60

FIN SERVICE

10,639.95

2.32

10,414.50

10,652.80

10,336.80

10,398.65

FMCG

28,547.10

0.98

28,305.50

28,599.15

27,795.95

28,271.30

IT

14,940.10

4.07

14,428.70

14,994.85

14,376.75

14,355.85

MEDIA

2,489.40

0.94

2,468.00

2,503.45

2,407.60

2,466.10

METAL

3,296.95

-1.08

3,303.95

3,317.50

3,221.80

3,333.05

PHARMA

9,757.50

2.33

9,473.05

9,778.25

9,436.70

9,535.30

PSU BANK

2,915.85

2.42

2,876.30

2,926.70

2,802.40

2,846.95

REALTY

214.9

0.66

214.35

215.85

210.8

213.5

ENERGY

13,753.35

0.68

13,692.55

13,777.25

13,518.05

13,660.50

INFRA

2,969.90

1.14

2,937.60

2,974.50

2,881.90

2,936.40

MNC

12,960.65

1.73

12,803.50

12,971.20

12,670.80

12,739.95

PSE

3,384.35

0.67

3,357.10

3,391.50

3,313.95

3,361.95

SERV SECTOR

14,193.50

2.45

13,889.20

14,207.45

13,782.65

13,854.45

GROWSECT 15

6,188.15

1.12

6,121.45

6,196.35

6,028.50

6,119.40

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EPIC RESEARCH– ANALYST SPEAKS 01 NOV 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10586.00

10486.00

10295.00

10195.00

10004.00

From the daily chart after rebounding from its important support level of 10030 the nifty future made a breakout which closed above its previous resistance level of 10280, however some corrections can be found during the initial trading session of the market since as per the intraday level stockhastic momentum indicator is showing a overbought conditiion in hourly chart so its better to buy nifty future around 10320-10300 for the targets of 10400-450 with stoploss below 10250.

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EPIC RESEARCH– ANALYST SPEAKS 01 NOV 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

25633.00

25393.00

24960.00

24720.00

24287.00

As per the intraday movement the bank nifty future is making double bottom chart pattern and near to its crucial resistance level of 25214 . It made several reversals around these levels of 24510 and 24610 and shown bounce back from there, now its near to make a breakout above 25214 so we advice you to buy bank nifty around 25220-25230 for the targets of 25350-450 with stoploss below 25120.

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EPIC RESEARCH– ANALYST SPEAKS 01 NOV 2018

SUNPHARMA FUTURE

Stock has shown consolidation from the bottom of the chart with good volumes. It took support on the trend line on daily chart. The stockhastic has also shown reversal from its bottom level of 10. As per the last candle it has made a breakout and closed above its crucial resistance level of 578 in the intraday level its in little oeverbought condition so we advice you to buy around 570-572 for the targets of 580-590 with stoploss below 565.

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EPIC RESEARCH– ANALYST SPEAKS 01 NOV 2018

RAYMOND FUTURE

A clear consolidation can be seen around the levels of 735-758 as per the market strength the traders can get opportunity to enter in this counter and as per the daily chart it has made a double bottom breakout and as per the trend it may continue its movement today also so we you to buy raymond future around 768-770 for the targets of 780-790 with stoploss below 760.

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DISCLAIMER 01 NOV 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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