DAILY EQUITY REPORT 26 OCT 2018
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DAILY MARKET WRAPUP 26 OCT 2018
INDIAN INDICES INDEX
CMP
Change
% Chg
NIFTY
10124.90
-99.90
-0.98
SENSEX
33690.09
-343.87
-1.01
-0.16 Index
Current
% Change
Open
High
Low
Prev. Close
AUTO
8,580.95
-0.96
8,573.00
8,640.25
8,507.70
8,663.90
FIN SERVICE
10,341.70
-1.18
10,373.55
10,418.25
10,295.30
10,464.85
FMCG
28,413.60
-0.76
28,400.95
28,524.70
28,284.40
28,631.00
IT
14,070.80
0.15
13,894.80
14,179.70
13,863.90
14,049.15
MEDIA
2,367.05
-2.37
2,406.05
2,420.00
2,355.65
2,424.60
METAL
3,306.80
-1.23
3,311.95
3,323.20
3,261.10
3,347.85
PHARMA
9,142.70
-2.05
9,246.70
9,345.35
9,118.25
9,334.40
PSU BANK
2,582.25
-2.07
2,620.10
2,629.85
2,569.45
2,636.90
REALTY
206
-2.02
206.95
208.05
204.5
210.25
ENERGY
13,491.35
-1.04
13,523.60
13,595.05
13,358.25
13,632.65
INFRA
2,851.65
-1.33
2,859.60
2,868.25
2,838.70
2,890.10
MNC
12,534.85
-0.69
12,494.25
12,583.75
12,469.25
12,622.50
PSE
3,359.95
-0.53
3,354.60
3,377.25
3,342.30
3,377.90
SERV SECTOR
13,765.05
-0.92
13,770.25
13,821.85
13,712.15
13,893.50
GROWSECT 15
6,071.60
-1.02
6,079.00
6,116.10
6,048.05
6,134.20
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EPIC RESEARCH– ANALYST SPEAKS 26 OCT 2018
NIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
10377.00
10300.00
10213.00
10136.00
10049.00
The Nifty after sharp gap down opening continued to trade lower throughout the session on Thursday, the last day of October series. Global cues and correction in index heavyweights Reliance Industries and HDFC twins weighed down the market. The index hit fresh seven-month low during the day but managed to show some recovery in later part of the session to close above 10,100 levels. It made small bodied bearish candle on the daily charts, which resembles a ‘Doji’ kind of pattern.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 26 OCT 2018
BANKNIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
25603.00
25333.00
25086.00
24816.00
24569.00
The Nifty Bank index closed at 24,817.4. The important Pivot level, which will act as crucial support for the index, is placed at 24,683.7, followed by 24,550.0.On the upside, key resistance levels are placed at 24,964.2, followed by 25,111.0, as per the intraday movement the bank nifty is maintaining a tendency of rebounding from its support level and reversal from its resistance level ie., (sideways movement) as per the daily chart its clear that from here a onsided upside movement can be found it crosses above 25350 so we advice you to buy on correction nifty bank future around 25030-25050 for the targets of 25150-25250 with stoploss below 24950.
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EPIC RESEARCH– ANALYST SPEAKS 26 OCT 2018
BANKBARODA FUTURE
From the daily chart its clear that the stock is making a bearish continuation pattern fooling the bulls to engage in the long position, a little correction can be seen during the initial trading session of the market so its better to short it after correction around 100-101 for the targets of 9896 with stoploss above 103.
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EPIC RESEARCH– ANALYST SPEAKS 26 OCT 2018
JSWSTEEL FUTURE
After consolidating between the range 356-345 the stock closed with a bullish candle with high volume the stock has shown a sign of reversed from its support level 345 .As per the stochastic momentum indicator it is showing a oversold condition so we advice you to buy around 351-352 for the targets of 355-360 with stoploss below 348.
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