DAILY EQUITY REPORT 05 FEB 2019
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DAILY MARKET WRAPUP 05 FEB 2019
INDIAN INDICES INDEX
CMP
Change
% Chg
NIFTY
10912.3
+18.6
+0.17
SENSEX
36582
+113.31
+0.31
-0.16 Index
Current
% Change
Open
High
Low
Prev. Close
AUTO
8,395.55
-0.54
8,444.75
8,446.00
8,325.75
8,441.25
FIN SERVICE
11,492.65
0.28
11,420.15
11,518.85
11,357.05
11,460.90
FMCG
30,008.90
-0.63
30,233.00
30,299.35
29,889.20
30,199.90
IT
15,754.80
0.19
15,727.20
15,819.70
15,635.90
15,724.30
MEDIA
2,068.25
-1.38
2,070.75
2,115.80
2,013.35
2,097.25
METAL
2,794.45
-0.75
2,814.30
2,815.90
2,737.25
2,815.65
PHARMA
8,811.90
-1.76
8,992.10
8,998.25
8,772.90
8,969.55
PSU BANK
2,916.75
-0.5
2,914.55
2,927.55
2,861.40
2,931.45
REALTY
229.1
-0.99
231.75
231.75
227.35
231.4
ENERGY
1,970.10
-0.59
1,980.20
1,989.85
1,961.75
1,981.80
INFRA
15,215.35
1.6
14,934.35
15,269.55
14,891.55
14,975.75
MNC
13,263.65
0.01
13,267.25
13,321.80
13,182.50
13,262.05
PSE
3,183.95
-0.92
3,211.25
3,211.25
3,173.30
3,213.50
SERV SECTOR
15,092.40
0.1
15,039.35
15,119.30
14,959.05
15,077.45
GROWSECT 15
2,044.08
-0.07
2,045.98
2,046.87
2,044.08
2,045.57
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EPIC RESEARCH– ANALYST SPEAKS 05 FEB 2019
NIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
11066
10980
10896
10810
10726
NIFTY -On daily weekly chart we have identify that Head & Shoulder pattern is forming at the top . Head & shoulder & for a short term forming Raising wedge pattern in technical term bearish reversal pattern .Nifty struggling from many weeks to breach the resistense level of 11000.Closing of nifty in this week below 200 EMA & 100 EMA & RSI also showing downwards movement.In last 2 days we have seen that Budget trigger the market from bottom level or support level around 10550 .But still our concern that market can not sustain at upper level.Our Recommendation is to sell in the range 10900-10850 Target 10750/10600 SL 11100 . Finace Budget looks good in favore of Farmer & Common people, specially for salary classed people.
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EPIC RESEARCH– ANALYST SPEAKS 05 FEB 2019
BANKNIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
27785
27485
27183
26833
26580
BANK NIFTY - On weekly chart we havee seen green spinning top candel formation. Closing of bank nifty above its 200 DEMA level &100 EMA . Our recommendation is Buy Bank nifty in the range of 27000-27050 target 27200/27350 SL 26700 Our view on bank nifty is Bullish .On daily chart Nifty bank traded in the channel line .Earning Season , Company reporting very good result which helps to boost bank nifty .
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EPIC RESEARCH– ANALYST SPEAKS 05 FEB 2019
NIIT TECH FUTURE
NIIT TECH - In NIIT TECH on daily chart as well as weekly we have seen that Buying in this stock by traders as well as investors in last week .Reason behind that fundamentally quarterly result of this company is Excellent & also from technical aspect stock now moving towards to break its previous highs, Stock showing strength in previous week & we hope it will be contiune.Our recommendation is to Buy stock Future in the range 1320 –1322 target will be 1330/1335 SL below 1310.
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EPIC RESEARCH– ANALYST SPEAKS 05 FEB 2019
BHARAT FORG FUTURE
BHARAT FORG – On Weekly chart of Bharat Forg we find the Bullish Engullfing Pattern . We have seen the buying force From its support level .RSI & MACD indicate stock may move upside .Our view is to Buy above 500 For the target of 520/535 Sl 475 .
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