EPIC RESEARCH : - Daily Equity Report Of 09 November 2018

Page 1

DAILY EQUITY REPORT 09 NOV 2018

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DAILY MARKET WRAPUP 09 NOV 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10528.20

-24.8

-0.24

SENSEX

34950..92

-60.73

-0.17

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

9,147.15

-0.36

9,199.90

9,223.20

9,106.95

9,180.20

FIN SERVICE

10,850.90

-0.13

10,860.50

10,865.00

10,769.95

10,864.95

FMCG

28,766.75

-0.24

28,929.30

28,929.30

28,517.00

28,836.80

IT

14,467.35

0.49

14,377.50

14,534.05

14,345.25

14,396.70

MEDIA

2,443.95

-1.29

2,468.90

2,475.30

2,421.10

2,475.85

METAL

3,443.30

0.12

3,438.40

3,478.25

3,411.40

3,439.25

PHARMA

9,478.85

-0.72

9,542.00

9,658.60

9,369.40

9,547.85

PSU BANK

3,019.20

3.29

2,930.05

3,049.80

2,902.05

2,923.15

REALTY

225.2

1.76

222.65

225.55

220.3

221.3

ENERGY

14,005.20

0

14,027.90

14,027.90

13,802.60

14,005.30

INFRA

3,030.55

-0.96

3,053.90

3,053.90

3,013.60

3,059.85

MNC

13,268.45

0.13

13,260.90

13,335.05

13,206.65

13,251.55

PSE

3,411.55

-1.57

3,479.30

3,479.30

3,394.85

3,466.00

SERV SECTOR

14,285.10

-0.24

14,311.60

14,317.70

14,205.85

14,319.80

GROWSECT 15

14,285.10

-0.24

14,311.60

14,317.70

14,205.85

14,319.80

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EPIC RESEARCH– ANALYST SPEAKS 09 NOV 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10620

10580

10550

10520

10480

Nifty 50 is trading on above its poivot level of 10555 , we have also seen that FII started buying in index futures and options .Our recommandation to buy nifty future in range of 10580-10590 . Buy on deep from above level. Our view on market is bullish for the levels of 10800. Buy 10580-10590 & Target 10620/10650 Sl 10550

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EPIC RESEARCH– ANALYST SPEAKS 09 NOV 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

25770

25720

25695

25570

25530

On daily chart of bank nifty we have the double bottom formation . It is bullish reversal pattern . Our view on bank nifty future buy in the range of 25720-25750 . Banking Stock shown excellent recovery from the lower level which also strength the bank nifty index. Target 25790/25830/25870 Sl 25660

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EPIC RESEARCH– ANALYST SPEAKS 09 NOV 2018

Glenmark Pharma Future

As per market weakness the particular counter is moving in a downtrend but it has tendency to show some pull back from its support level and as per the hourly chart it has shown a sign of reversal with three bullish candle, buy on dip opportunity would be great opportunity to get so we advice you to buy cadilahc around 660-665 for the targets of 670/680/687 with stoploss below 652 .

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EPIC RESEARCH– ANALYST SPEAKS 09 NOV 2018

RELIANCE FUTURE

On daily chart we have seen the strength as per the volume and RSI . Our view to buy the future in the range of 1103 –1105. Target 1110/1115/1120. Sl 1092 Reliance shown the recovery from the support level 1020 . Stock is near to breach the supertrend level . Our recommandation to buy the stock & its future for long term also.

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DISCLAIMER 09 NOV 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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