DAILY EQUITY REPORT 08 OCT 2018
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DAILY MARKET WRAPUP 08 OCT 2018
INDIAN INDICES INDEX
CMP
Change
% Chg
NIFTY
10316.50
-282.80
-2.67
SENSEX
34376.99
-792.17
-2.25
-0.16 Index
Current
% Change
Open
High
Low
Prev. Close
AUTO
8,915.10
-3.17
9,130.25
9,200.50
8,837.35
9,207.00
FIN SERVICE
10,216.90
-2.53
10,442.75
10,510.15
10,129.40
10,481.65
FMCG
27,873.80
-2.64
28,457.30
28,488.60
27,782.40
28,630.10
IT
15,591.65
0.97
15,416.90
15,710.00
15,265.65
15,441.10
MEDIA
2,371.40
-3.63
2,454.65
2,455.65
2,340.55
2,460.65
METAL
3,444.65
-3.57
3,546.80
3,572.85
3,409.80
3,572.35
PHARMA
9,547.35
-0.87
9,578.10
9,776.45
9,498.20
9,630.75
PSU BANK
2,656.00
-4.38
2,776.15
2,777.20
2,634.30
2,777.80
REALTY
208.8
-2.73
212.3
216
206.5
214.65
ENERGY
13,278.00
-7.97
13,979.00
13,979.00
13,170.45
14,427.80
INFRA
2,845.40
-2.54
2,912.55
2,932.55
2,828.10
2,919.70
MNC
12,815.85
-2.53
13,086.65
13,107.85
12,743.05
13,149.00
PSE
3,205.90
-8.05
3,362.65
3,362.65
3,191.55
3,486.45
SERV SECTOR
14,034.55
-1.42
14,189.75
14,275.65
13,938.05
14,236.80
GROWSECT 15
6,128.65
-2.36
6,225.65
6,239.45
6,096.90
6,276.95
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EPIC RESEARCH– ANALYST SPEAKS 08 OCT 2018
NIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
10651.00
10483.00
10372.00
10204.00
10093.00
The Nifty50 after gap down opening extended losses as the day progressed and broke the 10,400 levels in last hour of trade. The index closed 259 points lower at 10,858.30 and formed strong bearish candle on the daily charts. If it doesn't stabilise around its current level of 10,785 levels then more selling pressure may push it towards 10160 so we advice to sell nifty future around 10400-390 for the targets of 10300-10200 with stoploss above 10470.
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EPIC RESEARCH– ANALYST SPEAKS 08 OCT 2018
BANKNIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
25129.00
24974.00
24737.00
24582.00
24345.00
Bank nifty future breaked its sideways movement between 24940-24620 after opening at 24741. The index closed with a bear candle breaking its crucial support level of 24700 today it may continue this downside movement upto 24150. Sell on rise would be a good strategy to opt so we advice to sell bank nifty future around 24360-340 for the targets of 24200-100 with stoploss above 24420.
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EPIC RESEARCH– ANALYST SPEAKS 08 OCT 2018
IRB FUTURE
Yesterday the particular counter closed below its crucial resistance level of 131. with this bearish candle it has confirmed its downside movement which may extend upto the important level of 116 so we advice to sell irb future around 125-124 for the targets of 120-116 with stoploss above 128.
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EPIC RESEARCH– ANALYST SPEAKS 08 OCT 2018
RELIANCE FUTURE
With multiple bear candles the particular stock may get a support around its 1029-1031 level from there the stock can get rebounded since the stockhastic momentum indicator is also showing oversold condition so we advice to buy reliance future around 1030-1028 for the targets of 104050 with stoploss below 1022.
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