EPIC RESEARCH : - Daily Equity Report Of 22 OCTOBER 2018

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DAILY EQUITY REPORT 22 OCT 2018

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DAILY MARKET WRAPUP 22 OCT 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10303.50

-149.50

-1.43

SENSEX

34315.63

-463.95

-1.33

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,834.70

-2.95

9,206.55

9,216.55

8,820.40

9,102.90

FIN SERVICE

10,416.60

-1.99

10,729.60

10,754.40

10,388.15

10,628.25

FMCG

28,623.35

0.44

28,680.45

29,059.40

28,412.35

28,498.25

IT

14,949.60

0.42

15,031.05

15,190.65

14,903.50

14,887.35

MEDIA

2,551.25

-2.14

2,632.75

2,640.00

2,540.95

2,606.95

METAL

3,362.95

-2

3,468.80

3,472.85

3,355.20

3,431.60

PHARMA

9,686.40

-1.53

9,911.25

9,925.05

9,652.95

9,836.75

PSU BANK

2,685.40

-3.41

2,819.40

2,828.35

2,674.70

2,780.30

REALTY

205.85

-2.9

214.45

215.6

204.95

212

ENERGY

14,405.50

-1.31

14,746.05

14,750.65

14,335.95

14,596.95

INFRA

2,867.10

-1.51

2,936.45

2,939.05

2,862.35

2,911.20

MNC

12,899.40

-1.62

13,235.50

13,263.80

12,883.40

13,112.15

PSE

3,367.35

-1.45

3,441.85

3,445.30

3,360.95

3,416.85

SERV SECTOR

14,123.05

-1.33

14,458.30

14,519.70

14,095.50

14,313.80

GROWSECT 15

6,226.35

-1.27

6,363.25

6,376.50

6,208.20

6,306.45

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EPIC RESEARCH– ANALYST SPEAKS 22 OCT 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10807.00

10630.00

10533.00

10356.00

10259.00

Again the index got support at its previous support level of 10280, in the previous week it bounced backed from this level but could not continue its upward movement after 10599, here we can expect the same trend can be found since a doji candle is made at the above specified support level, so we advice you to buy nifty future around 10330-350 for the targets of 10400-450 with stoploss below 10280.

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EPIC RESEARCH– ANALYST SPEAKS 22 OCT 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

26215.00

25701.00

25401.00

24887.00

24587.00

Yesterday trading session bank nifty moved around 102 point downside, from the daily chart its clear that at its support level of 24860 is the level where it has made reversal candle from where an upside movement can be found so we advice you to buy nifty bank future around 25150-180 for the targets of 25230-25350 with stoploss below 25050

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EPIC RESEARCH– ANALYST SPEAKS 22 OCT 2018

UJJIVAN FUTURE

From its crucial support level of 224 the stock has got support and closed with a bullish doji candle which signifies that a chance of reversal can be found it may reach upto its next resistance level of 240 so we advice you to buy ujjivan future around 225-226 for the targets of 240-250 with stoploss below 220.

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EPIC RESEARCH– ANALYST SPEAKS 22 OCT 2018

IRB FUTURE

After consolidating between the range 135-120 the stock made closing candle below its support level of 120 which is clear indication of range breakout , so here sell on low would be good strategy to follow so we advice to sell irbfuture around 119-118 for the target of 115-110 with stoploss above 122.

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DISCLAIMER 22 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.

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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