EPIC RESEARCH : - Daily Equity Report Of 11 September 2018

Page 1

DAILY EQUITY REPORT 11 SEP 2018

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DAILY MARKET WRAPUP 11 SEP 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11438.10

-151.00

-1.30

SENSEX

37922.17

-467.65

-1.22

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,843.90

-1.75

11,019.25

11,023.25

10,825.80

11,036.65

FIN SERVICE

11,340.30

-1.41

11,466.30

11,471.35

11,321.30

11,502.10

FMCG

30,811.60

-1.73

31,305.50

31,348.15

30,769.80

31,354.30

IT

16,105.30

0

16,150.65

16,229.85

16,085.50

16,104.75

MEDIA

2,712.55

-0.12

2,708.00

2,742.85

2,690.05

2,715.70

METAL

3,636.85

-1.7

3,716.55

3,727.40

3,627.55

3,699.75

PHARMA

10,446.50

-2.01

10,624.50

10,786.35

10,414.55

10,661.25

PSU BANK

3,068.15

-2.16

3,121.75

3,148.35

3,061.05

3,135.95

REALTY

264.1

-1.51

267.75

268.15

263.25

268.15

ENERGY

15,675.80

-1.64

15,888.90

15,889.95

15,638.35

15,937.40

INFRA

3,204.90

-1.02

3,228.65

3,245.25

3,202.70

3,237.80

MNC

14,169.25

-1.66

14,387.00

14,394.15

14,151.95

14,407.85

PSE

3,617.70

-1.26

3,655.65

3,655.65

3,613.30

3,663.85

SERV SECTOR

15,317.10

-1

15,449.15

15,473.25

15,301.25

15,471.70

GROWSECT 15

7,019.15

-1.82

7,140.45

7,148.90

7,013.25

7,149.05

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EPIC RESEARCH– ANALYST SPEAKS 11 SEP 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11625.00

11531.00

11479.00

11385.00

11333.00

The Nifty50 after opening gap down extended losses as the day progressed and broke the psychological 11,500-mark on Monday, tracking further weakness in Indian rupee which ended at new record closing low of 72.45 to the dollar. The renewed trade tensions between US and China also dented sentiment. , today we expect that it would give good earning opportunity through a bounce back so we advice you to buy nifty future around the the levels of 11470-11475 for the targets of 11550-11600 with stoploss below 11420.

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EPIC RESEARCH– ANALYST SPEAKS 11 SEP 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

27511.00

27356.00

27249.00

27094.00

26987.00

Nifty bank future is struggling between range 27670-27457 since last three trading session it has made three indecision candles. Today we expect a gap up opening since a clear sign of consolidation which can result in a breakout so we advice you to buy banknifty future around 27670-80 for targets of 27770-870 with stoploss below 27600.

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EPIC RESEARCH– ANALYST SPEAKS 11 SEP 2018

BAJFINANCE FUTURE

From the daily chart it is clear that the particular script has shown a consolidation back support level around 2680 and now closed below its support level which clear confirms its downtrend it can correct upto the levels of 2640 while in the intraday movement here we suggest to make a short position around the levels of 2640.-2645 for the targets of 2620-2600 with stoploss above 2665.

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EPIC RESEARCH– ANALYST SPEAKS 11 SEP 2018

JUSTDIAL FUTURE

The particular script may rebounded from its support level of 513 movement of upward by 1-2 percent is possible .Today it can also get momentum if market shows early positivity since its 200 SMA may support it for a bounce back so we advice you to buy justdial future around the levels of 513-515 for the targets of 520-525 with stoploss below 511.

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DISCLAIMER 11 SEP 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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