DAILY EQUITY REPORT 29 AUG 2018
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DAILY MARKET WRAPUP 29 AUG 2018
INDIAN INDICES INDEX
CMP
Change
% Chg
NIFTY
11738.50
46.50
0.40
SENSEX
38896.63
202.52
0.52
-0.16 Index
Current
% Change
Open
High
Low
Prev. Close
AUTO
11,044.15
0.46
11,038.45
11,071.25
10,980.90
10,993.55
FIN SERVICE
11,796.95
0.47
11,779.55
11,806.35
11,729.65
11,741.20
FMCG
32,494.35
-0.34
32,650.75
32,752.00
32,455.60
32,604.10
IT
15,583.05
0.44
15,546.50
15,641.40
15,528.40
15,514.95
MEDIA
2,865.25
-0.23
2,883.30
2,891.35
2,856.90
2,871.75
METAL
3,597.20
1.82
3,555.00
3,603.90
3,533.15
3,532.85
PHARMA
10,050.10
-0.44
10,132.50
10,243.20
10,030.25
10,094.20
PSU BANK
3,234.00
-1.52
3,288.90
3,303.05
3,214.30
3,283.90
REALTY
271.2
-0.9
274.45
274.85
270.5
273.65
ENERGY
16,241.65
0.99
16,126.55
16,348.85
16,119.20
16,082.70
INFRA
3,251.75
-0.08
3,265.80
3,284.65
3,242.50
3,254.30
MNC
15,124.95
0.35
15,113.95
15,184.10
15,052.15
15,072.20
PSE
3,677.25
-0.89
3,715.40
3,754.35
3,663.80
3,710.40
SERV SECTOR
15,683.45
0.23
15,699.05
15,741.80
15,648.75
15,647.25
GROWSECT 15
7,309.75
0.06
7,323.25
7,337.50
7,301.85
7,305.65
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EPIC RESEARCH– ANALYST SPEAKS 29 AUG 2018
NIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
11786.00
11762.00
11736.00
11712.00
11686.00
Indian market hit fresh records on August 28 supported by positive global cues. The Nifty50 hit a new high of 11,760, but witnessed profit booking at higher levels and closed near its opening level forming a ‘Doji’ type of candle on the daily candlestick charts.Although the Nifty50 surpassed 11,750, it witnessed profit booking near 11,760 which pushed the index towards 11,700 levels. However, bulls managed to pull the index near its opening level of 11,731. The index finally closed 46 points higher at 11,738.Here you can go for a long position in nifty future around the levels of 11660-670 for the targets of 11700-11750 with stoploss below 11620
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EPIC RESEARCH– ANALYST SPEAKS 29 AUG 2018
BANKNIFTY RESISTANCE 2
RESISTANCE 1
PIVOT
SUPPORT 1
SUPPORT 2
28505.00
28387.00
28269.00
28151.00
28033.00
Nifty Bank, is showing divergence, as it failed to register new highs in last nine sessions, which may spoil the party for the bulls, if the index gets consolidated around the levels of 28325 by the end of Tuesday’s session so we advice you to short nifty bank future on strength around the levels 28320-28315 for the targets of 28220-28120 with stoploss below 28400.
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EPIC RESEARCH– ANALYST SPEAKS 29 AUG 2018
BPCL FUTURE
The stock has shown a reversal candlestick pattern from its lower level of stockhastic indicator in a previous week. A follow up buying with positive close suggest a point of strength from its lower level buy from current level of 362 for the targets of 368-375 with the stoploss below 358
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EPIC RESEARCH– ANALYST SPEAKS 29 AUG 2018
MANAPPURAM FUTURE
The particular script has rebounded from its support level of 99 and closed in a positive note above the levels of 101 we cand witness its upward movement from this level since the market is also in a positive trend so we suggest to buy around the levels of 101-102 for the possible targets of 105-110 with stoploss below 99.
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