DAILY EQUITY REPORT 23 OCT 2018
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DAILY MARKET WRAPUP 23 OCT 2018
INDIAN INDICES INDEX
CMP
Change
% Chg
NIFTY
10245.30
-58.20
-0.56
SENSEX
34134.38
-181.25
-0.53
-0.16 Index
Current
% Change
Open
High
Low
Prev. Close
AUTO
8,700.45
0.12
8,774.30
8,791.05
8,652.60
8,690.25
FIN SERVICE
10,336.05
0.5
10,447.05
10,477.90
10,313.90
10,284.25
FMCG
28,797.55
-0.17
29,062.30
29,116.70
28,729.20
28,845.25
IT
14,421.40
-0.38
14,527.55
14,527.55
14,299.15
14,476.85
MEDIA
2,460.25
-1.49
2,508.40
2,525.35
2,444.95
2,497.40
METAL
3,339.65
-0.75
3,397.00
3,402.95
3,320.20
3,365.00
PHARMA
9,646.65
-0.04
9,704.85
9,751.80
9,631.65
9,650.30
PSU BANK
2,670.70
-0.57
2,731.65
2,732.55
2,663.60
2,685.95
REALTY
203.65
-0.32
204.5
206.15
201.75
204.3
ENERGY
13,661.55
-2.52
14,117.80
14,155.65
13,608.90
14,014.05
INFRA
2,849.15
-0.1
2,871.65
2,876.00
2,835.45
2,852.00
MNC
12,765.20
-0.56
12,945.10
12,954.25
12,746.70
12,837.40
PSE
3,332.15
-0.81
3,382.35
3,385.45
3,325.10
3,359.50
SERV SECTOR
13,877.25
-0.12
14,057.75
14,064.55
13,844.15
13,893.70
GROWSECT 15
6,220.10
0.20
6,253.05
6,268.10
6,197.65
6,207.80
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EPIC RESEARCH– ANALYST SPEAKS 23 OCT 2018
NIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
10476.00
10360.00
10292.00
10176.00
10108.00
The index got support at its previous support level of 10190, in the previous week it bounced backed from 10280 level but could not continue its upward movement after 10599, here we can expect the same trend can be found since some rejections can be found at the above specified support level, so we advice you to buy nifty future around 10190-200 for the targets of 10250-300 with stoploss below 10130.
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EPIC RESEARCH– ANALYST SPEAKS 23 OCT 2018
BANKNIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
25684.00
25381.00
25201.00
24898.00
24718.00
Yesterday trading session bank nifty moved around 400 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 23 OCT 2018
M&M FUTURE
From the daily chart its clear that the particular is continuously following a downtrend the supports and resistances are also moving downside so its good to sell in weakness around 731-728 for the targets of 720-710 with stoploss above 740.
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EPIC RESEARCH– ANALYST SPEAKS 23 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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