Daily Equity Report 10-August-2018 by Epic Research

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DAILY EQUITY REPORT 10 AUG 2018

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DAILY MARKET WRAPUP 10 AUG 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11470.70

20.70

0.18

SENSEX

38024.37

136.81

0.36

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,813.80

-0.07

10,853.50

10,854.45

10,794.45

10,821.20

FIN SERVICE

11,838.10

0.58

11,810.50

11,855.20

11,781.20

11,770.25

FMCG

31,378.55

0.24

31,376.00

31,505.90

31,221.85

31,302.50

IT

14,603.35

-0.03

14,660.55

14,662.45

14,588.95

14,608.20

MEDIA

2,922.65

-0.17

2,931.25

2,932.85

2,901.05

2,927.55

METAL

3,501.75

1.39

3,475.60

3,511.90

3,447.25

3,453.60

PHARMA

9,249.95

-0.62

9,345.95

9,434.15

9,199.25

9,307.25

PSU BANK

3,379.20

2.98

3,326.40

3,402.45

3,301.75

3,281.30

REALTY

272.55

2.08

267.8

274.3

266.85

267

ENERGY

15,491.40

0.05

15,563.35

15,595.90

15,429.25

15,483.80

INFRA

3,155.35

-0.16

3,167.60

3,169.50

3,148.25

3,160.40

MNC

14,702.65

0.01

14,742.20

14,743.80

14,600.00

14,700.85

PSE

3,692.75

0.4

3,704.55

3,704.65

3,668.70

3,677.95

SERV SECTOR

15,542.00

0.4

15,535.00

15,556.25

15,504.25

15,480.80

GROWSECT 15

7,042.35

-0.13

7,067.45

7,069.10

7,020.35

7,051.70

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EPIC RESEARCH– ANALYST SPEAKS 10 AUG 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11514.00

11492.00

11473.00

11451.00

11451.00

The Nifty50 after opening sharply higher hit a fresh intraday record high in the morning and remained rangebound throughout the session on Thursday, but the index formed small bearish candle on the daily charts as closing value is lower than opening value. we advice you to sell nifty future around the levels of 11480-60 for the targets of 11400-350 with stoploss below 11530.

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EPIC RESEARCH– ANALYST SPEAKS 10 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 10 AUG 2018

ASHOKLEY 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 130.50 zones since it is the only nearest resistance level to extend its move towards 137-140 so we advice you to buy around the levels of 130.50-131 for the target of 133-136 with stoploss below 129.

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EPIC RESEARCH– ANALYST SPEAKS 10 AUG 2018

SUNTV FUTURE

The particular counter is showing a clear sign of correction from its higer levels of 835 with stochastic momentum indicator giving a overbought signal ie., above 90 as per the candlestick pattern a hanging man candle is found around the reistance level of 835 here sell on high would be good opportunity to grab so we advice to sell suntv around the levels of 835-832 for the targets of 824-810 with stoploss above 842.

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DISCLAIMER 10 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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