DAILY EQUITY REPORT 16 OCT 2018
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DAILY MARKET WRAPUP 16 OCT 2018
INDIAN INDICES INDEX
CMP
Change
% Chg
NIFTY
10512.50
40.00
0.38
SENSEX
34865.10
131.52
0.38
-0.16 Index
Current
% Change
Open
High
Low
Prev. Close
AUTO
25,388.05
-0.03
25,444.00
25,466.20
25,147.80
25,395.85
FIN SERVICE
9,034.60
-0.55
9,148.10
9,151.50
8,953.05
9,084.45
FMCG
10,545.05
0.07
10,584.40
10,609.05
10,443.10
10,537.55
IT
28,330.70
0.63
28,329.30
28,385.55
27,931.70
28,153.55
MEDIA
14,797.20
1.77
14,639.50
14,846.95
14,564.30
14,539.20
METAL
2,600.35
1.3
2,588.45
2,611.30
2,561.60
2,566.95
PHARMA
3,423.50
-0.42
3,455.65
3,456.45
3,393.15
3,438.10
PSU BANK
9,774.10
2.61
9,559.20
9,793.20
9,519.00
9,525.60
REALTY
209.85
0.14
211.1
211.3
207.65
209.55
ENERGY
14,363.15
0.84
14,291.80
14,397.85
14,167.00
14,243.05
INFRA
2,887.65
-0.24
2,896.50
2,902.25
2,863.25
2,894.65
MNC
13,013.30
-0.17
13,095.20
13,095.20
12,936.00
13,035.05
PSE
3,393.45
0.3
3,393.75
3,397.40
3,334.95
3,383.45
SERV SECTOR
14,228.05
0.53
14,234.60
14,256.10
14,074.80
14,152.65
GROWSECT 15
6,260.60
-0.15
6,299.70
6,301.05
6,197.30
6,270.20
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EPIC RESEARCH– ANALYST SPEAKS 16 OCT 2018
NIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
10598.00
10555.00
10482.00
10439.00
10366.00
After making a reversal candle at 10150 nifty future showed a great bounce back and made two bull candle as per the movement the crucial resistance level which can act as a hurdle is 10540, above which we can find one sided movement so we advice to buy nifty future around 1054550 for the targets of 10600-650 with stoploss below 10500.
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EPIC RESEARCH– ANALYST SPEAKS 16 OCT 2018
BANKNIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
25652.00
25520.00
25333.00
25201.00
25014.00
Bank nifty is consolidating between the range 24500-25550 at its lower level, it has also made a bullish divergence by its stockhastic momentum indicator. As per the momentum it may provide a breakout if sustains at this level of 25350-25400 so we advice you to buy banknifty future around 25520-550 for the targets of 25600-700 with stoploss below 25500.
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EPIC RESEARCH– ANALYST SPEAKS 16 OCT 2018
GSFC FUTURE
The particular conter bounced back from it lower level of 90 since the market provided much needed support for upside movement but yesterday it made much needed breakout candle and closed above its previous resistance level of 94.50 from here it can reach upto the level of 100 so we advice you to buy gsfc future around 95-96.50 for the target of 100-104 with stoploss below 93
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EPIC RESEARCH– ANALYST SPEAKS 16 OCT 2018
WOCKPHARMA FUTURE
At its downside level of it has made a bullish engulf candle which symbolize that the stock is ready for a breakout as per the market strength it can push upto its next resistance level so we advice you to buy wockpharma future around 523-525 for the targets of 535-555 with stoploss below 517.
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DISCLAIMER 16 OCT 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.
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