EPIC RESEARCH: - Daily Equity Report Of 20 March 2019

Page 1

DAILY EQUITY REPORT 20 MAR 2019

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DAILY MARKET WRAPUP 20 MAR 2019

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11532

+70.20

+0.61

SENSEX

38363

+268.4

+0.70

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,567.05

-0.7

8,624.05

8,624.10

8,520.30

8,627.05

FIN SERVICE

12,314.85

0.37

12,312.60

12,331.80

12,259.25

12,269.95

FMCG

30,433.15

0.86

30,244.60

30,468.85

30,119.85

30,172.30

IT

15,495.55

0.89

15,432.50

15,545.45

15,296.00

15,359.45

MEDIA

2,539.35

0.71

2,540.00

2,554.50

2,519.90

2,521.55

METAL

3,027.40

-0.03

3,033.65

3,055.20

3,014.65

3,028.40

PHARMA

9,244.60

0.43

9,230.70

9,312.20

9,216.30

9,204.95

PSU BANK

3,176.30

1.87

3,132.80

3,213.45

3,123.10

3,117.90

REALTY

259

0.12

259.95

261.25

258.1

258.7

ENERGY

2,266.00

1.17

2,260.50

2,297.50

2,239.90

2,239.85

INFRA

16,593.90

1.6

16,458.80

16,632.90

16,358.15

16,333.15

MNC

13,237.10

-0.01

13,250.70

13,260.05

13,200.55

13,238.65

PSE

3,606.85

1.04

3,591.55

3,633.85

3,573.05

3,569.70

SERV SECTOR

15,938.40

0.61

15,902.70

15,957.70

15,829.30

15,841.10

GROWSECT 15

2,056.31

-0.12

2,059.37

2,060.00

2,055.66

2,058.94

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EPIC RESEARCH– ANALYST SPEAKS 20 MAR 2019

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11601

11567

11509

11474

11416

.

NIFTY -On weekly chart nifty close with large green candle & closing of nify above 11200 which was important resistense level & from now we may expect new all time high in nifty before election or in mid of election phase . FII started buying in stock which leads buying in stocks & index .Our recommendation is to Buy Nifty on every decline in range 11470 Target 11520/11550 SL 11420 Avoid to make short position on nifty .

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EPIC RESEARCH– ANALYST SPEAKS 20 MAR 2019

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

29957

29862

29705

29610

29453

BANK NIFTY - Banknifty broke its all time previous high of 28388 in this week & also made fresh high of 29812. Banking stocks perform ing so goods & leads the market also. Buying in PSU banks after RBI annoucment to pump fund in the selected banks . On technically nifty banks strong & if we comments on particular stock ICICI , KOTAK ,SBI , AXIS looks attractive to buy for investment purpose .Our view is bullish & suggest to Buy in range between 29600-29650 Target 29750/29800 SL below 29500 . Derivative data suggest traders are bullish on nifty bank strong OI addtion 28900 which act as a important support data suggests & on a up side 30000 .

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EPIC RESEARCH– ANALYST SPEAKS 20 MAR 2019

HPCL FUTURE

HPCL– In last week seen that buying in Oil & gas companies share like HPCL ,BPCL , IGL . On weekly chart green large candle formed & closing of stock above 200 DEMA. Stock also give breakout of resistense near 260-264 . From now we expect that buying in HPCL continue in upcoming week also. Our view is bullish & recommendation is to Buy for the target of 295/300. Buy on decline in between 288-290 Sl below 284 . HPCL is going to replace from britannia in Nifty 50 from March 29, 2019. So , it may possible that Mutual fund housees may reduce some part of exposeer from this stock .

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EPIC RESEARCH– ANALYST SPEAKS 20 MAR 2019

MCX FUTURE

MCX— On weekly chart stock give trendline breakout & seen that hammer pattern followed by three white soldiers ,both this are bullish pattern .Our view on the technical basis is to buy stock future in range 800 Target 810/820 Sl below 780 . Strong base was formed in stock near 660-670 .

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DISCLAIMER 20 MAR 2019 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.

Sachin Yadav

Digitally signed by Sachin Yadav DN: cn=Sachin Yadav c=IN o=Personal Reason: I am the author of this document Location: Date: 2019-03-20 09:28+05:30

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. YOUR MINTVISORY

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