EPIC RESEARCH: - Daily Equity Report Of 08 Jan 2019

Page 1

DAILY EQUITY REPORT 08 JAN 2019

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DAILY MARKET WRAPUP 08 JAN 2019

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10771

44.45

0.41

SENSEX

35850

155.06

0.43

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,818.85

0.11

8,891.90

8,901.60

8,809.90

8,809.35

FIN SERVICE

11,591.65

0.17

11,635.65

11,663.55

11,575.90

11,572.45

FMCG

30,289.05

0.33

30,440.90

30,491.20

30,241.90

30,190.20

IT

14,304.80

1.12

14,238.05

14,313.55

14,204.65

14,146.15

MEDIA

2,526.45

0.29

2,539.10

2,544.30

2,509.60

2,519.15

METAL

2,998.35

-0.11

3,040.65

3,055.30

2,991.45

3,001.70

PHARMA

8,737.00

-0.58

8,840.60

8,847.15

8,711.50

8,788.05

PSU BANK

3,113.55

-0.37

3,159.15

3,164.15

3,097.80

3,125.10

REALTY

238.7

1.19

237.75

242.1

237.6

235.9

ENERGY

14,144.20

0.72

14,130.40

14,243.15

14,095.65

14,043.05

INFRA

3,145.90

0.49

3,147.50

3,171.70

3,135.90

3,130.65

MNC

13,623.25

0.29

13,685.15

13,713.75

13,606.55

13,584.20

PSE

3,347.70

0.49

3,348.05

3,358.55

3,338.40

3,331.45

SERV SECTOR

14,943.85

0.5

14,959.40

14,994.40

14,913.35

14,868.85

GROWSECT 15

6,311.05

0.07

6,361.85

6,363.20

6,301.50

6,306.40

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EPIC RESEARCH– ANALYST SPEAKS 08 JAN 2019

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10870

10820

10785

10735

10700

Nifty followed global market and started with gap up but today PSU and Metal share made pressure in market due to that whole day Nifty traded in sideways and in last one hour it loosed almost fifty per cent gains in intraday. On daily chart it created bearish candle since Nifty forming Open Broadening pattern so we it will be buy in decline around 10720-10740 with stop loss o 10600 for the target of 10830 10950.

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EPIC RESEARCH– ANALYST SPEAKS 08 JAN 2019

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

27551

27427

27353

27229

27155

Bank Nifty future traded at last four month highs but PSU banks made pressure on index due to that it could not sustain at higher level and finished with breaish Marubozu candle on daily chart. On RSI it has negative divergence and it is forming channel line pattern since the last session was side ways so it can be buy with stop loss of 27050 which is previous week low for the target of 27500.

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EPIC RESEARCH– ANALYST SPEAKS 08 JAN 2019

BEML FUTURE

Stock is consolidating for a couple of weeks and performed well today. We have seen a good recovery in the last couple of hours in the trading session. it also closed above the 200 EMA on the daily chart. We recommend buying above 922 for the target of 930 with the stop loss of 914.

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EPIC RESEARCH– ANALYST SPEAKS 08 JAN 2019

AJANTPHARM FUTURE

After a week of the correction phase stock has shown good strength on the daily chart and closed in green. It also closed above the 200 EMA on the daily chart. We recommend buying above 1182 for the target of 1197 with the stop loss of 1169.

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DISCLAIMER 08 JAN 2019 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. YOUR MINTVISORY

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