Daily Equity Report 06-AUGUST-2018 by Epic Research

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DAILY EQUITY REPORT 06 AUG 2018

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DAILY MARKET WRAPUP 06 AUG 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11360.80

116.10

1.03

SENSEX

37556.16

391.00

1.05

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,775.30

0.39

10,772.55

10,834.80

10,764.55

10,733.65

FIN SERVICE

11,636.00

1.54

11,521.50

11,649.40

11,514.60

11,459.30

FMCG

31,424.95

1.13

31,162.30

31,490.70

31,044.80

31,075.25

IT

14,649.05

0.66

14,632.35

14,663.60

14,588.95

14,552.60

MEDIA

2,867.85

1.3

2,851.50

2,876.30

2,851.35

2,830.95

METAL

3,380.85

1.6

3,338.80

3,386.70

3,335.05

3,327.75

PHARMA

9,500.75

0.81

9,468.65

9,558.50

9,463.10

9,424.65

PSU BANK

3,239.00

1.89

3,186.80

3,245.35

3,186.10

3,178.90

REALTY

3,659.70

0.55

3,650.30

3,671.20

3,646.75

3,639.80

ENERGY

15,205.95

0.68

15,170.05

15,248.85

15,135.55

15,103.00

INFRA

3,153.40

0.57

3,143.30

3,161.05

3,141.80

3,135.45

MNC

14,679.40

0.95

14,593.15

14,699.30

14,584.50

14,541.60

PSE

3,694.50

0.69

3,681.30

3,705.35

3,678.20

3,669.30

SERV SECTOR

15,362.50

1.29

15,251.55

15,373.90

15,242.30

15,167.00

GROWSECT 15

7,066.00

0.8

7,028.45

7,075.70

7,025.45

7,009.65

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EPIC RESEARCH– ANALYST SPEAKS 06 AUG 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11414.00

11387.00

11340.00

11313.00

11266.00

Last week Nifty again made new all time high of 11390 and finished at 11360 again PSU Bank, NBFC, Capital Good and FMCG share support Nifty for maintain up trend. According to daily chart Nifty moving in rising channel line pattern so we can see volatile in next week here the gap of channel is 270 points so be cautious and buy Nifty in decline with strict stop loss of below 11100 for the target of 11450.

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EPIC RESEARCH– ANALYST SPEAKS 06 AUG 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

27897.00

27796.00

27622.00

27521.00

27347.00

In last week Bank Nifty future made new all time high of 27872 but after making this high it faced profit booking ahead of weekly expiry but at Friday it bounced with fresh buying and created bullish Mat hold candle sticks pattern on daily chart so the above 27875 we can see rally for 400-500 points since the bottom of previous week is 27415 and from last three week it is continuously making higher high and lower high on weekly chart so it can be buy around 27550 with strict stop loss of 27350 for the target of 28000-28250.

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EPIC RESEARCH– ANALYST SPEAKS 06 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 06 AUG 2018

GRANULES 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 105 zones to extend its move towards 110 so we advice you to buy around the levels of 105-106 for the target of 109113 with stoploss below 102.

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DISCLAIMER 06 AUG 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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