Daily Equity Report 14-August-2018 by Epic Research

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DAILY EQUITY REPORT 14 AUG 2018

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DAILY MARKET WRAPUP 14 AUG 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11355.80

-73.70

-0.64

SENSEX

37644.90

-224.33

-0.59

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,756.70

-0.76

10,802.30

10,834.45

10,707.50

10,839.45

FIN SERVICE

11,602.70

-1.41

11,646.05

11,659.90

11,583.25

11,768.75

FMCG

31,479.75

0.02

31,354.70

31,652.00

31,317.60

31,474.90

IT

14,880.25

1.37

14,697.70

14,902.40

14,683.00

14,679.25

MEDIA

2,817.10

-2.97

2,891.55

2,897.65

2,809.65

2,903.20

METAL

3,405.80

-0.84

3,412.45

3,443.35

3,379.40

3,434.75

PHARMA

9,186.60

0.53

9,117.35

9,245.15

9,094.25

9,138.25

PSU BANK

3,146.05

-3.22

3,175.65

3,230.30

3,119.00

3,250.85

REALTY

269.7

-0.95

269.85

271.75

268.15

272.3

ENERGY

15,141.30

-1.52

15,312.55

15,319.20

15,122.15

15,375.60

INFRA

3,113.65

-0.57

3,119.70

3,134.60

3,095.70

3,131.40

MNC

14,510.55

-1.01

14,571.20

14,627.85

14,490.95

14,658.10

PSE

3,620.90

-1.53

3,672.50

3,672.50

3,612.10

3,677.00

SERV SECTOR

15,387.10

-0.67

15,384.10

15,434.80

15,354.45

15,490.65

GROWSECT 15

14,363.40

0.31

14,394.70

14,469.90

14,225.20

14,318.90

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EPIC RESEARCH– ANALYST SPEAKS 14 AUG 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11433.00

11394.00

11367.00

11328.00

11301.00

The Nifty50 after opening sharply lower and breaking 11,400 levels extended losses as the day progressed and hit an intraday low of 11,340.30. It did manage to claw back above 11,400 in afternoon trade, but failed to hold the same level and closed 73.70 points lower at 11,355.80. the traders can make a short position around the level of 10440-20 upto the level of 11350-300 in nifty future with stoploss above 11480.

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EPIC RESEARCH– ANALYST SPEAKS 14 AUG 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

27986.00

27890.00

27814.00

27718.00

27642.00

The Nifty Bank index closed at 27,794.40, down 329.85 points on Monday. The important Pivot level, which will act as crucial support for the index, is placed at 27,718.67, followed by 27,642.93. On the upside, key resistance levels are placed at 27,890.97, followed by 27,987.54. as per our suggestion sell on weakness would be good opportunity here sell bank nifty future around 28150-130 for the targets of 28050-27950 with stoploss above 28220.

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EPIC RESEARCH– ANALYST SPEAKS 14 AUG 2018

NBCC FUTURE

This particular counter is continuosly maitaining its downtrend yeaterday it made a bearish candle closing below 71.20 there is no support level below its bearest support level of 70.70 ,so sell on low would be good startegy to follow so we recommend to sell nbcc below 70.50 target 68-64 stoploss above 73.

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EPIC RESEARCH– ANALYST SPEAKS 14 AUG 2018

INFY FUTURE

With the good fundamental this particular script is has also plus point with respect to its technical , it is maintaining its uptrend and closed above its crucial resistance level of 1398,now it is acting as a support In the earlier trading session IT sector showed some strength and today it can also contunue its movement, so buy on strength would be good opportunity to go with it here we advice you to buy infy around the levels of 1405-1408 for the targets of 1415-1425 with stoploss below 1400.

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DISCLAIMER 14 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.

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