EPIC RESEARCH: - Daily Equity Report Of 08 March 2019

Page 1

DAILY EQUITY REPORT 08 MAR 2019

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DAILY MARKET WRAPUP 08 MAR 2019

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11053

+65.50

+0.60

SENSEX

36636

+193.56

+0.53

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,635.70

-0.19

8,678.80

8,680.20

8,580.70

8,651.75

FIN SERVICE

11,613.80

0.28

11,603.20

11,634.80

11,533.20

11,581.20

FMCG

29,904.05

0.65

29,812.00

30,012.90

29,754.20

29,710.30

IT

15,582.10

-0.97

15,788.15

15,788.15

15,558.95

15,735.05

MEDIA

2,486.05

-1.85

2,549.65

2,555.95

2,474.25

2,532.80

METAL

2,992.85

-0.94

3,026.55

3,026.55

2,977.25

3,021.30

PHARMA

9,045.65

-1.19

9,129.65

9,209.15

9,021.50

9,155.00

PSU BANK

2,952.05

1.41

2,921.30

2,962.35

2,899.25

2,911.05

REALTY

236.05

-0.34

237.15

238.6

235.45

236.85

ENERGY

2,121.20

-2.2

2,175.70

2,178.90

2,113.95

2,168.90

INFRA

15,348.35

-0.1

15,383.30

15,485.90

15,319.00

15,363.05

MNC

13,251.25

-0.18

13,315.70

13,316.00

13,234.70

13,275.40

PSE

3,379.45

-1.12

3,431.15

3,439.80

3,370.20

3,417.70

SERV SECTOR

15,195.55

-0.06

15,240.25

15,240.30

15,136.95

15,205.20

GROWSECT 15

2,051.95

0.05

2,051.20

2,052.27

2,051.20

2,050.78

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EPIC RESEARCH– ANALYST SPEAKS 08 MAR 2019

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11120

11089

11058

11058

10996

.

NIFTY -On daily weekly chart we have identify that Head & Shoulder pattern is forming at the top . Head & shoulder & for a short term forming Broading wedge pattern in technical term bearish reversal pattern .On Tuesday trading session we have seen buying in market in each segment & sector i.e Large Cap, Medium & Small Cap .Nifty gets support of 100 DEMA & 200 DEMA.Our recommendation is to Buy nifty future in the range of 11010 –10040 Target will be 11080-11100 Sl below 10970. RSI & MACD both indicator indicate nifty on upper side. Its very important resistence on upper side, previsous high made few week ago around 11130.

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EPIC RESEARCH– ANALYST SPEAKS 08 MAR 2019

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

27968

27866

27713

27611

27457

BANK NIFTY - On weekly chart we havee seen spinning top candel formation. Closing of bank nifty above its 200 DEMA level &100 EMA . Our recommendation is Buy bank nifty future in the range of 27600 Target 27750/27800 Sl 27400. We have identified that broading wedge pattern breakout . Buy bank nifty future in each dip .

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EPIC RESEARCH– ANALYST SPEAKS 08 MAR 2019

AXIS BANK FUTURE

AXIS BANK— In last trading session seen buying in axis bank along with strong volume & Open interest .On technical point of view Stock is trading near to its previous high .RSI & MACD both indicate stock may in uptrend.Our recommendation is to Buy stock future 735-737 Target 740-745 Sl 728 .

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EPIC RESEARCH– ANALYST SPEAKS 08 MAR 2019

VEDANATA FUTURE

Vedanta — In vendanta we have seen that hammer formation on weekly chart . In last two weeks strong buying force seen in metal & energy stock. On technical point of view stock is near to its resistence level , it may posssible resistence will be breakout in upcoming week . Our recommendation is to Buy stock future 175-178 Target 179/182 Sl 173.

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DISCLAIMER 08 MAR 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.

Sachin Yadav

Digitally signed by Sachin Yadav DN: cn=Sachin Yadav c=IN o=Personal Reason: I am the author of this document Location: Date: 2019-03-08 09:12+05:30

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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