Daily Equity Report 09-August-2018 by Epic Research

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DAILY EQUITY REPORT 09 AUG 2018

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DAILY MARKET WRAPUP 09 AUG 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11450.00

60.50

0.53

SENSEX

37887.56

221.76

0.59

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,821.20

-0.32

10,901.05

10,901.55

10,797.70

10,855.65

FIN SERVICE

11,770.25

0.58

11,717.35

11,783.35

11,671.30

11,702.40

FMCG

31,302.50

0.52

31,141.30

31,335.80

31,117.60

31,140.35

IT

14,608.20

-0.04

14,650.60

14,663.05

14,534.60

14,613.75

MEDIA

2,927.55

0.39

2,931.45

2,967.90

2,909.30

2,916.30

METAL

3,453.60

0.24

3,469.55

3,487.35

3,440.25

3,445.25

PHARMA

9,307.25

-0.68

9,379.00

9,442.35

9,275.55

9,371.05

PSU BANK

3,281.30

0.89

3,255.15

3,298.30

3,238.85

3,252.35

REALTY

267

-0.06

266.1

268.85

265.7

267.15

ENERGY

15,483.80

1.74

15,240.50

15,528.85

15,211.10

15,219.70

INFRA

3,160.40

0.31

3,154.85

3,165.30

3,145.85

3,150.75

MNC

14,700.85

0.17

14,723.45

14,740.70

14,631.00

14,675.95

PSE

3,677.95

-0.02

3,685.35

3,696.90

3,660.20

3,678.65

SERV SECTOR

15,480.80

0.43

15,444.85

15,492.60

15,390.10

15,414.75

GROWSECT 15

7,051.70

-0.18

7,081.50

7,092.20

7,034.80

7,064.70

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EPIC RESEARCH– ANALYST SPEAKS 09 AUG 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11461.00

11425.00

11392.00

11356.00

11323.00

Bulls pushed the Nifty index to a record high of 11,459.95 Wednesday after two straight days of consolidation, but analysts’ feel investors should tread with cautions as the index is near crucial resistance levels.The index formed a bullish candle on the daily charts after two successive bearish candles. The next crucial resistance for the index is placed at 11,500-11530 while support is placed at 11,330, suggest experts,so we advice you to buy nifty future around the levels of 11460-75 for the targets of 11520-570 with stoploss below 11400.

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EPIC RESEARCH– ANALYST SPEAKS 09 AUG 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

28057.00

27966.00

27896.00

27805.00

27735.00

The Nifty Bank index closed at 28,062.4. The important Pivot level, which will act as crucial support for the index, is placed at 27,904.57, followed by 27,746.73.On the upside, key resistance levels are placed at 28,174.46, followed by 28,286.53, today we can witness upside strength in bank nifty since it sustaning at its lifetime high after breaking its crucial resisatance level of 28000, here you can go with buy on strength strategy around the levels of 28120-40 for the targets of 28220-28330 with stoploss below 27150.

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EPIC RESEARCH– ANALYST SPEAKS 09 AUG 2018

ONGC 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 171 zones to extend its move towards 180 so we advice you to buy around the levels of 172-173 for the target of 176-180 with stoploss below 170.

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EPIC RESEARCH– ANALYST SPEAKS 09 AUG 2018

GRANULES FUTURE

The particular counter is showing a clear sign of reversal from its higer levels of 110 with stochastic momentum indicator giving a overbought signal, as per the candlestick pattern a bearish hanging man candle is found around the reistance level of 110 with a bearish confiramtion candle sell on weakness would be good opportunity to grab so we advice to sell granules around the levels of 104-103 for the targets of 100-96 with stoploss above 107.

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DISCLAIMER 09 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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