EPIC RESEARCH : - Daily Equity Report Of 24 September 2018

Page 1

DAILY EQUITY REPORT 24 SEP 2018

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DAILY MARKET WRAPUP 24 SEP 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11143.10

-91.30

-0.81

SENSEX

36841.60

-279.62

-0.75

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,527.90

-0.36

10,609.00

10,655.15

10,484.80

10,565.65

FIN SERVICE

10,973.05

-0.84

11,103.80

11,112.15

10,957.20

11,065.85

FMCG

30,487.70

-1.31

31,027.75

31,084.70

30,385.15

30,893.25

IT

16,063.95

0.21

16,092.65

16,115.15

15,982.05

16,031.00

MEDIA

2,604.80

-1.89

2,667.25

2,669.05

2,583.75

2,654.95

METAL

3,691.80

1.2

3,673.40

3,727.45

3,672.05

3,648.10

PHARMA

10,456.95

-0.08

10,559.55

10,636.85

10,341.70

10,465.40

PSU BANK

2,881.40

-0.3

2,903.25

2,970.80

2,862.00

2,890.00

REALTY

257.75

-1.23

261.8

262.35

256.3

260.95

ENERGY

15,458.45

-0.01

15,529.75

15,574.65

15,399.30

15,460.20

INFRA

3,160.25

-0.26

3,183.10

3,198.00

3,151.15

3,168.50

MNC

14,049.30

-1.15

14,272.25

14,289.45

14,010.90

14,212.70

PSE

3,654.80

0.94

3,633.35

3,675.80

3,624.40

3,620.60

SERV SECTOR

14,965.40

-0.5

15,101.40

15,104.40

14,948.80

15,040.95

GROWSECT 15

6,916.55

-1.05

7,019.30

7,034.35

6,891.95

6,990.00

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EPIC RESEARCH– ANALYST SPEAKS 24 SEP 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11380.00

11307.00

11258.00

11185.00

11136.00

The Nifty future confirmed its downtrend by making three consecutive bearish candle and closing below 11297 which was acting as a crucial support level the index is showing a clear sign of downtrend with no strong support level so we advice to make a short position around 11270250 for the targets of 11200-150 with stoploss above 11320.

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EPIC RESEARCH– ANALYST SPEAKS 24 SEP 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

26750.00

26513.00

26374.00

26137.00

25998.00

In the earlier trading session bank nifty future closed below its crucial support level of 26130 it clearly managed to break this level and continued its as usual downtrend, resistance and supports are gradually shifting downward here sell on little rise would be good to follow so we advice to sell bank nifty future around the levels of 26470-460 for the targets of 26300-200 with stoploss above 26550.

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EPIC RESEARCH– ANALYST SPEAKS 24 SEP 2018

IRB FUTURE

After consolidating within a range the particular counter brooked its support level of 168.40 and closed below it .Today it may show some correction upto 148, from that level we can short so we advice to sell IRB infra future around 158-157.50 for the targets of 155-153 with stoploss above 160.

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EPIC RESEARCH– ANALYST SPEAKS 24 SEP 2018

INDIGO FUTURE

Respecting the support level of 860 the particular counter is showing bounce back closed with a hanging man candlle .Here we can get the chance of buy on dip oportunity around the levels of 870-874 for the targets of 885-895 with stoploss below 860.

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DISCLAIMER 24 SEP 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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