EPIC RESEARCH: - Daily Equity Report Of 11 December 2018

Page 1

DAILY EQUITY REPORT 11 DEC 2018

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Hotline: +91 731 664 2300 Or give us a missed call at 026 5309 0639

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DAILY MARKET WRAPUP 11 DEC 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10488.45

-205.25

-1.92

SENSEX

34959.72

-713.53

-2.00

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,784.25

-0.96

8,720.30

8,850.10

8,685.25

8,869.80

FIN SERVICE

11,060.95

-2.26

11,093.45

11,179.90

11,051.00

11,316.45

FMCG

29,211.50

-1.56

29,315.90

29,382.55

29,161.80

29,673.65

IT

14,419.20

-1.66

14,486.00

14,723.70

14,369.50

14,662.90

MEDIA

2,451.60

-1.84

2,466.70

2,472.85

2,439.30

2,497.55

METAL

3,036.25

-1.14

3,009.25

3,060.65

2,997.15

3,071.20

PHARMA

8,535.30

-1.7

8,539.10

8,615.85

8,504.90

8,682.60

PSU BANK

2,806.55

-0.64

2,772.85

2,831.20

2,769.65

2,824.70

REALTY

223.45

-3.04

226.95

226.95

223

230.45

ENERGY

13,657.45

-2.54

13,763.45

13,822.45

13,524.35

14,013.65

INFRA

2,969.20

-2.23

2,980.45

2,991.20

2,960.70

3,036.95

MNC

13,298.25

-1.56

13,331.25

13,368.75

13,246.00

13,508.55

PSE

3,140.15

-0.67

3,120.70

3,147.40

3,091.30

3,161.40

SERV SECTOR

14,435.85

-1.93

14,456.90

14,570.35

14,412.45

14,719.70

GROWSECT 15

6,231.60

-1.25

6,220.20

6,266.60

6,201.55

6,310.75

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EPIC RESEARCH– ANALYST SPEAKS 11 DEC 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10590

10539

10506

10455

10422

Last trading session we seen strong selling pressureand losing aroud 200 pints and made low of 10500 and assembly election result is a big key for makret direction so next session will be also volatile where exit pole is also confused so becautious and trade nifty after result day. Technically Nifty is bearish trend so we will advise to sell it on rise around 10850-1090 with stop loss of 11200 for the target of 10700 10500.

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EPIC RESEARCH– ANALYST SPEAKS 11 DEC 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

26434

26268

26170

26004

25906

Future before the election outcome show more volatile and losing around 1.70% and close with bearish candlestick in daily chart. However, before the election outcome Banknity index show underpressure at strong resistance level in weekly chart. And create broader range in option traders .And acording to weekly chart indicate Bank nifty go downside ahead, 27000 it’s strong weekly level so we can follow sell on rise strategy for the targets of 26200-25900 with strict stop loss of 27000.

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EPIC RESEARCH– ANALYST SPEAKS 11 DEC 2018

KOTAK BANK FUTURE

Stock has shown a tiny correction on the daily chart with average volumes and closed near to 200 EMA on the daily chart. It should take a reversal from here and it is also trading at 200 EMA on the hourly chart. We recommend buying from the current level for the target of 1210 with the stop loss of 1190.

YOUR MINTVISORY

Call us at +91-731-6642300


EPIC RESEARCH– ANALYST SPEAKS 11 DEC 2018

LICHSGFIN FUTURE

Stock is looking bearish on the daily chart and it also formed flag pattern on the daily chart, we expect it should give a breakout toward the downside. We recommend selling below 417 for the target of 410 with the stop loss of 422.

YOUR MINTVISORY

Call us at +91-731-6642300


DISCLAIMER 11 DEC 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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