DAILY EQUITY REPORT 02 AUG 2018
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DAILY MARKET WRAPUP 02 AUG 2018
INDIAN INDICES INDEX
CMP
Change
% Chg
NIFTY
11346.20
-10.30
-0.09
SENSEX
37521.62
-84.96
-0.23
-0.16 Index
Current
% Change
Open
High
Low
Prev. Close
AUTO
10,890.10
-0.76
10,938.25
11,000.40
10,863.45
10,973.75
FIN SERVICE
11,590.25
-0.62
11,642.35
11,683.55
11,545.30
11,662.90
FMCG
31,175.10
0.54
31,085.85
31,244.75
30,886.45
31,007.25
IT
14,679.35
0.63
14,618.65
14,690.60
14,586.55
14,587.80
MEDIA
2,849.55
0.6
2,842.80
2,873.70
2,835.15
2,832.55
METAL
3,320.00
-0.45
3,337.55
3,374.25
3,295.75
3,335.10
PHARMA
9,301.70
1.33
9,190.45
9,313.05
9,168.50
9,179.40
PSU BANK
3,202.75
0.52
3,190.70
3,224.95
3,139.85
3,186.25
REALTY
3,649.35
0.23
3,650.75
3,669.05
3,636.70
3,641.10
ENERGY
15,245.30
0.63
15,212.00
15,338.30
15,187.85
15,150.20
INFRA
3,149.75
-0.26
3,166.85
3,172.05
3,140.70
3,158.10
MNC
14,638.60
-0.53
14,723.75
14,797.65
14,562.65
14,716.25
PSE
3,646.90
1.01
3,629.50
3,653.25
3,624.35
3,610.60
SERV SECTOR
15,306.60
-0.37
15,358.90
15,390.55
15,260.35
15,363.95
GROWSECT 15
7,054.60
-0.04
7,075.30
7,104.10
7,020.05
7,057.25
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EPIC RESEARCH– ANALYST SPEAKS 02 AUG 2018
NIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
11426.00
11386.00
11349.00
11309.00
11272.00
The index formed 'Spinning Top' kind of pattern on the daily candlestick charts.Overall it was a volatile session for the market. The Nifty50 after flat opening at 11,359.80 traded higher and hit fresh intraday record high of 11,390.55, but the rally gradually fizzled out in late morning deals amid rangebound trade and hit an intraday low of 11,313.55 after the RBI monetary policy announcement. The index closed 10.30 points lower at 11,346.20.here we advice to sell nifty future on rise around 11400-390 with stop loss of 11450 for the target of 11350-11300.
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EPIC RESEARCH– ANALYST SPEAKS 02 AUG 2018
BANKNIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
37833.00
37677.00
37554.00
37398.00
37275.00
The Nifty Bank future confirmed its downtrend by making a bearish confirmation candle after making a red doji candle , the index is showing a reversal from its crucial resisatnce level of 27840, it has closed below its support level of 27615 which shows a sign of bearish reversal so we advice to make a short position around 27540-30 for the targets of 27440-330 with stoploss above 27640.
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EPIC RESEARCH– ANALYST SPEAKS 02 AUG 2018
SUNTV FUTURE
The particular script has rebounded from its support level of 763 and can break its crucial resistance level of 785 ,now it has closed above it with a good volume so today we can witness a good breakout since it is consolidating around its crucial resistance level around 796.40 here we advice you to make a long position around 800-805 for the target of 815-830 with stoploss of 795.
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EPIC RESEARCH– ANALYST SPEAKS 02 AUG 2018
ONGC FUTURE
From the daily chart its clear that the particular script formed a Bullish Candle on daily scale and supports are gradually shifting higher. Now it has to continue to hold above 167 zones to extend its move towards 172-180 so we advice you to buy around the levels of 167-168 for the target of 172-176 with stoploss below 164.
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