Daily Equity Report 03-September-2018 by Epic Research

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DAILY EQUITY REPORT 03 SEP 2018

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DAILY MARKET WRAPUP 03 SEP 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11680.50

3.70

0.03

SENSEX

38645.07

-45.03

-0.12

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

11,009.25

0.01

11,012.15

11,080.55

10,959.70

11,007.60

FIN SERVICE

11,719.05

-0.21

11,747.00

11,784.15

11,671.10

11,743.35

FMCG

32,911.55

0.21

32,984.35

33,067.15

32,773.80

32,844.00

IT

15,811.40

1.81

15,575.95

15,833.65

15,567.50

15,529.85

MEDIA

2,840.10

-0.6

2,864.95

2,877.15

2,828.30

2,857.35

METAL

3,643.45

-0.6

3,663.05

3,684.85

3,627.20

3,665.30

PHARMA

10,390.95

2.67

10,157.25

10,445.05

10,155.15

10,120.55

PSU BANK

3,315.50

0.62

3,284.40

3,324.95

3,245.05

3,295.20

REALTY

275.85

-0.07

275.95

278.6

273.75

276.05

ENERGY

15,763.00

-1.24

15,909.75

15,915.70

15,674.55

15,960.60

INFRA

3,289.25

1.14

3,252.15

3,294.50

3,250.45

3,252.10

MNC

15,066.90

-0.24

15,107.30

15,182.95

15,020.35

15,102.95

PSE

3,725.35

0.65

3,697.50

3,743.05

3,695.30

3,701.45

SERV SECTOR

15,645.40

0.18

15,609.65

15,704.70

15,580.45

15,617.60

GROWSECT 15

7,306.75

0.25

7,306.50

7,341.95

7,280.55

7,288.25

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EPIC RESEARCH– ANALYST SPEAKS 03 SEP 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11769.00

11724.00

11682.00

11637.00

11595.00

The Nifty50 after opening gap down traded in a big range of around 90 points throughout the session and closed flat with a positive bias on Friday. The consolidation for last three consecutive sessions indicated that traders turned cautious after sharp. The index made small bullish candle and formed 'Long Legged Doji' pattern on the daily charts. so we suggest to maintain a long position in nifty future from the level of 11730-11740 for the targets of 11800-11850 with stoploss below 11700.

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EPIC RESEARCH– ANALYST SPEAKS 03 SEP 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

28269.00

28165.00

28052.00

27948.00

27835.00

The Nifty Bank index closed at 28,061.75, down 41.50 points on Friday. The important Pivot level, which will act as crucial support for the index, is placed at 27,949.37, followed by 27,836.93. On the upside, key resistance levels are placed at 28,165.77, followed by 28,269.73. As per the intraday movement banknifty future is showing a reversal from its recent support level of 28010, now 28120 is the nearest resistance level of 28119 today if break this level then it can reach upto the level of 28200 so we suggest to maintain a long position from 28130-150 for the targets of 28250-28350 with stoploss below 28050.

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EPIC RESEARCH– ANALYST SPEAKS 03 SEP 2018

TATAMOTORS FUTURE

The particular counter has bounced backed from its crucial support level of 260 and closed with above its previous resistance level of 265 with good volume it may show some correction today upto the level of 266 so here buy on correction would be a good opportunity so we advice you to around the levels of 265-266 for the targets of 270-274 with stoploss below 263.

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EPIC RESEARCH– ANALYST SPEAKS 03 SEP 2018

TITAN FUTURE

The particular counter is showing a clear sign of reversal from its support level of 882 and closed in a positive note by making a bullish engulf candle from the daily chart its clear that it can resume its bullish trend and this movement may go upto 912 so we advice you to buy titan future around the levels of 897-900 for the targets of 910-920 with stoploss below 890.

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DISCLAIMER 03 SEP 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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