EPIC RESEARCH : - Daily Equity Report Of 04 OCTOBER 2018

Page 1

DAILY EQUITY REPORT 04 OCT 2018

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DAILY MARKET WRAPUP 04 OCT 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10858.30

-150.00

-1.36

SENSEX

35975.63

-550.51

-1.51

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

9,375.30

-2.94

9,640.85

9,640.85

9,346.90

9,659.55

FIN SERVICE

10,589.40

-1.09

10,676.10

10,740.35

10,566.20

10,706.55

FMCG

29,498.05

-1.42

29,916.35

29,945.75

29,444.15

29,923.65

IT

15,909.80

-1.87

16,208.75

16,278.00

15,874.25

16,213.60

MEDIA

2,471.65

-0.45

2,488.85

2,510.75

2,456.80

2,482.80

METAL

3,592.00

1.81

3,523.95

3,648.65

3,505.90

3,528.05

PHARMA

9,950.90

-0.83

10,039.45

10,142.55

9,924.85

10,034.40

PSU BANK

2,785.70

-0.46

2,790.10

2,862.10

2,768.50

2,798.60

REALTY

216.2

-0.05

215.2

218.6

214

216.3

ENERGY

15,371.05

-1.09

15,469.30

15,576.60

15,326.50

15,539.75

INFRA

2,933.45

-1.07

2,953.20

2,967.25

2,921.05

2,965.25

MNC

13,380.20

-0.78

13,478.45

13,522.90

13,347.90

13,485.80

PSE

3,629.50

0.91

3,574.90

3,659.05

3,571.40

3,596.65

SERV SECTOR

14,482.45

-1.45

14,656.45

14,670.00

14,465.45

14,696.15

GROWSECT 15

6,446.25

-2.33

6,595.65

6,595.70

6,430.30

6,599.85

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EPIC RESEARCH– ANALYST SPEAKS 04 OCT 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11042.00

10950.00

10896.00

10804.00

10750.00

The Nifty50 after gap down opening extended losses as the day progressed and broke the 10,900 levels in last hour of trade. The index closed 150 points lower at 10,858.30 and formed strong bearish candle on the daily charts. If it doesn't stabilise around its 200-day EMA of 10,785 levels then more selling pressure is likely so we advice to sell nifty future around 10850-30 for the targets of 10780-10700 with stoploss above 10920.

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EPIC RESEARCH– ANALYST SPEAKS 04 OCT 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

25632.00

25350.00

25188.00

24906.00

24744.00

Bank nifty future is continuosly moving in a range between 25645-25000, on monday trading session it bounce backed from its support level of 25000 .On the upside 25645 is the only resistance level . One sided can only be found if cross above so we advice to sell niftybank future around 25070-050 for the targets of 24900-800 with stoploss above 25170.

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EPIC RESEARCH– ANALYST SPEAKS 04 OCT 2018

INFY FUTURE

Yesterday the particular counter breaked its crucial resistance level of 733 and moved towards its another resistance level of 745, the stock has closed below it but as the volume increses it can surely break this level so we advice to buy infy future around 746-750 for the targets of 760-770 with stoploss below 740.

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EPIC RESEARCH– ANALYST SPEAKS 04 OCT 2018

BAJFINANCE FUTURE

As per the stockhastic momentum indicator the stock is clearly showing a oversold condition. Closing with a hanging man candle at its support level of 2147 the stock has indicated a clear sign of reversal. From here 2-3% upside movement can be found so we advice to buy bajfinance future around 2170-2180 for the target of 2210-2240 with stoploss below 2145.

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DISCLAIMER 04 OCT 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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