Daily Equity report 25-JULY-2018 by epic research

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DAILY EQUITY REPORT 25 JULY 2018

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DAILY MARKET WRAPUP 25 JULY 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11134.30

49.50

0.45

SENSEX

36825.10

106.50

0.29

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

10,861.30

0.84

10,798.10

10,917.35

10,738.70

10,770.60

FIN SERVICE

11,332.85

0.18

11,299.80

11,367.00

11,279.95

11,312.70

FMCG

30,026.15

0.08

30,041.15

30,162.60

29,858.10

30,000.90

IT

14,663.90

-0.13

14,768.85

14,768.90

14,620.95

14,683.20

MEDIA

2,885.45

1.75

2,835.80

2,902.00

2,831.85

2,835.85

METAL

3,233.30

2.99

3,137.60

3,245.60

3,135.05

3,139.35

PHARMA

9,049.05

1.25

8,943.95

9,063.65

8,929.45

8,937.40

PSU BANK

2,895.95

0.95

2,873.85

2,907.55

2,865.20

2,868.70

REALTY

268.05

2.5

262.45

268.9

261.9

261.5

ENERGY

14,488.00

-0.14

14,541.85

14,592.20

14,432.90

14,508.35

INFRA

3,137.05

1.91

3,090.40

3,141.40

3,082.50

3,078.40

MNC

14,561.05

0.9

14,479.10

14,648.55

14,453.65

14,431.40

PSE

3,543.75

1.55

3,501.90

3,547.40

3,498.30

3,489.80

SERV SECTOR

15,110.70

0.23

15,103.95

15,132.90

15,047.00

15,076.55

GROWSECT 15

6,932.60

0.46

6,920.70

6,966.85

6,905.80

6,900.75

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EPIC RESEARCH– ANALYST SPEAKS 25 JULY 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11174.00

11154.00

11123.00

11103.00

11072.00

As per the intraday movement its clear that the Nifty future is getting resistance at its upper level of 11150, yesterday trading session it rebounded multiple times from this level, today we expect some profit booking in the early trading session, aggressive trader would get much needed benefit of early trading so we advice to short Nifty future from the current level of 11137 for the target of 11075-11025 sl above 11180.

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EPIC RESEARCH– ANALYST SPEAKS 25 JULY 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

27250.00

27112.00

26990.00

26852.00

26730.00

Nifty bank future is struggling to break its important resistance level of 27150, yesterday in the early trading session it managed to go above this level but could not sustain above it, in the lower side there are multiple support levels at 26940 and 26835 from were we can get chance of reversal so we advice to buy nifty bank future around the levels of 26840-60 for the target of 26940-27040 with strict stoploss of 26780.

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EPIC RESEARCH– ANALYST SPEAKS 25 JULY 2018

AUROPHARMA FUTURE

From the daily chart it is clear that the particular counter of pharma sector had reversed from its support level of 568, the trend is looking a reversal but there is an anomaly between the volume and candles. Around the levels of 600, there is a cruail resistance level from were it can reverse so we advice to sell auropharma future near the levels of 600-601 for the targets of 594-590 sl above 604.

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EPIC RESEARCH– ANALYST SPEAKS 25 JULY 2018

SREINFRA FUTURE

The particular counter is shwoing a clear sign of reversal from its lower levels of 49.70 with stockhastic momentum indicator showing a chance of bounce back , as per the daily chart in the last trading session a bullish harami candle can be found at the lower level here long position can be made around 51.55-70 for the possible targets of 54-56 sl below 49.

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DISCLAIMER 25 JULY 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.

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