Daily I-Forex Report 20-August-2018 by Epic Research

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DAILY EQUITY REPORT 20 AUG 2018

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DAILY MARKET WRAPUP 20 AUG 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11470.75

+85.70

+0.75

SENSEX

37947.88

+284.32

+0.75

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,878.70

0.44

10,891.75

10,936.50

10,865.00

10,830.95

FIN SERVICE

11,621.65

0.74

11,593.80

11,649.00

11,582.60

11,536.45

FMCG

32,340.05

1.92

31,799.20

32,383.20

31,785.95

31,731.25

IT

15,126.40

0.55

15,059.95

15,143.35

14,982.35

15,044.35

MEDIA

2,845.30

1

2,831.30

2,851.55

2,818.85

2,817.25

METAL

3,394.10

1.71

3,368.65

3,412.05

3,365.25

3,337.05

PHARMA

9,693.85

1.03

9,643.65

9,780.95

9,639.90

9,595.35

PSU BANK

3,222.05

3.02

3,154.35

3,230.10

3,146.45

3,127.45

REALTY

276.05

0.88

275

277

274.8

273.65

ENERGY

15,250.05

0.08

15,321.65

15,351.55

15,221.70

15,238.60

INFRA

3,092.15

0.5

3,088.35

3,098.30

3,084.40

3,076.65

MNC

14,774.10

1.37

14,642.95

14,789.20

14,631.25

14,575.10

PSE

3,614.90

-0.05

3,631.50

3,642.05

3,608.75

3,616.55

SERV SECTOR

15,477.50

0.57

15,451.30

15,494.05

15,434.65

15,389.75

GROWSECT 15

7,204.50

1.15

7,150.40

7,218.45

7,146.20

7,122.80

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EPIC RESEARCH– ANALYST SPEAKS 20 AUG 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11403.66

11387.33

11455.00

11471.66

11523.33

Nifty finished at all time highs but in previous week it dint cross all time high of 11495, according to spot market chart Nifty moving in rising channel line pattern which followed in last week where Nifty traded near pattern support level here down side support is at 11400, if Nifty break this level on closing basis then we can see two per cent fall, while on future market chart it is moving in rising wedge pattern and RSI also has double top pattern where below 11274 it will divergence on RSI so be cautious at this points, here Nifty can be buy around 11400-11380 with strict stop loss of 11200 for the target of 11550 11700 12000.

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EPIC RESEARCH– ANALYST SPEAKS 20 AUG 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

28331.67

28250.34

28127.67

28046.34

27923.67

BANK NIFTY– In short term Bank Nifty future moving in open broadening pattern while on long term chart it is moving in rising wedge chart pattern, according to short term is has support around 250 while in long term this is around 27250 so in next week it can be buy around 28100-28050 with stop loss of short term support level 27750 for the target of 28500 28700.

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EPIC RESEARCH– ANALYST SPEAKS 20 AUG 2018

GRANULES FUTURE

GRANULES FUTURE - After a short consolidation stock outperformed well with above the average volumes on daily chart. The RSI also moving up side on daily chart and it gave closing above the 200 SMA & EMA on daily chart. We recommend to buy from current level for the target of 115 with the stop loss of 108.

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EPIC RESEARCH– ANALYST SPEAKS 20 AUG 2018

TORNTPHARM FUTURE

TORNTPHARM FUTURE - Stock was consolidating from past four trading sessions and it outperformed well with good volumes and closed near to days high. It is also trading near to 52 week high. It should continue trend for next week. We recommend to buy from current level for the target of 1780 with the stop loss of 1744.

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DISCLAIMER 20 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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