Daily Equity report 21-August-2018 by Epic research

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DAILY EQUITY REPORT 21 AUG 2018

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DAILY MARKET WRAPUP 21 AUG 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11551.80

81.00

0.71

SENSEX

38278.75

330.87

0.87

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

28,274.25

0.52

28,171.65

28,322.30

28,171.65

28,128.55

FIN SERVICE

10,997.90

1.1

10,934.95

11,016.95

10,915.70

10,878.70

FMCG

11,708.85

0.75

11,649.95

11,724.65

11,649.95

11,621.65

IT

32,379.40

0.12

32,422.00

32,466.95

32,291.55

32,340.05

MEDIA

14,996.10

-0.86

15,033.65

15,054.10

14,946.55

15,126.40

METAL

2,862.70

0.61

2,864.45

2,867.40

2,844.95

2,845.30

PHARMA

3,478.90

2.5

3,412.25

3,483.85

3,408.55

3,394.10

PSU BANK

3,285.20

1.96

3,243.40

3,294.30

3,235.45

3,222.05

REALTY

3,710.40

1.4

3,671.60

3,712.75

3,670.05

3,659.20

ENERGY

5,353.65

0.5

5,345.75

5,363.65

5,337.30

5,326.95

INFRA

3,177.25

2.75

3,148.20

3,187.60

3,136.90

3,092.15

MNC

4,495.90

0.97

4,475.95

4,499.65

4,466.40

4,452.70

PSE

4,238.85

1.51

4,190.30

4,244.00

4,182.70

4,175.65

SERV SECTOR

14,806.45

0.22

14,827.20

14,892.35

14,769.40

14,774.10

GROWSECT 15

7,227.40

0.32

7,232.85

7,256.95

7,207.60

7,204.50

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EPIC RESEARCH– ANALYST SPEAKS 21 AUG 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11604.00

11577.00

11538.00

11511.00

11472.00

Bulls were roaring on the first day of truncated week as the Nifty50 after surpassing psychological 11,500-mark in the opening itself extended rally and closed above 11,550 levels on Monday, forming bullish candle on the daily charts. The Nifty future after directly opening above 11,500mark (at 11,518.95) extended gains as the day progressed and touched an intraday record high of 11,585.35, showing strength for 5th consecutive week. The index closed 4.65 % higher at 11,583. here it can be buy around 11520-11530 with strict stop loss of 11480 for the target of 11580 11620 .

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EPIC RESEARCH– ANALYST SPEAKS 21 AUG 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

28406.00

28340.00

28255.00

28189.00

28104.00

Bank Nifty opened positive and witnessed buying interest towards 28,322 zones.The index formed a Bullish candle on a daily scale but finding hurdle near to its recent life time high of 28,377 zones,. Now it has to continue to hold above 28,128 zones to extend its gains towards 28,500 levels while supports are placed at 28,000 then 27,750 zones so we advice you to sell banknifty future around the levels of 28320-28300 for the targets of 28200-100 with stoploss below 28400.

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EPIC RESEARCH– ANALYST SPEAKS 21 AUG 2018

UJJIVAN FUTURE

The particular script has rebounded from its support level of 341.70 and can breaked its crucial resistance level of 355.40 ,now it has closed above it with a good volume so today it can continue its breakout, here making a long position would be a good opportunity to trade our recommend is to buy ujjivan future around 359-360 tgt 365-370 with stoploss below 355.

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EPIC RESEARCH– ANALYST SPEAKS 21 AUG 2018

HINDALCO FUTURE

After making a bearish gap down particular script has respected its support level of 215.15 and now clsoed below its crucial resistance level of 230 ,with a good volume so today it can continue its breakout, here making a long position would be a good opportunity since it cand break this level and can show one sided movement so our recommend is to buy hindalco future around 230.50-231 tgt 234-238 with stoploss below 227.

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DISCLAIMER 21 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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