Daily Equity report 30-August-2018 by Epic Research

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DAILY EQUITY REPORT 30 AUG 2018

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DAILY MARKET WRAPUP 30 AUG 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

11691.90

-46.60

-0.40

SENSEX

38722.93

-173.70

-0.45

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

11,057.15

0.12

11,058.35

11,105.50

11,039.20

11,044.15

FIN SERVICE

11,807.45

0.09

11,787.15

11,845.30

11,780.15

11,796.95

FMCG

32,429.60

-0.2

32,519.20

32,577.20

32,354.75

32,494.35

IT

15,524.95

-0.37

15,617.00

15,621.90

15,439.45

15,583.05

MEDIA

2,852.75

-0.44

2,869.05

2,877.15

2,843.50

2,865.25

METAL

3,634.30

1.03

3,609.65

3,681.60

3,605.70

3,597.20

PHARMA

10,008.90

-0.41

10,062.70

10,136.40

9,980.85

10,050.10

PSU BANK

3,285.95

1.61

3,249.40

3,310.85

3,239.90

3,234.00

REALTY

274.4

1.18

271.2

277.55

270.1

271.2

ENERGY

16,059.95

-1.12

16,241.25

16,360.50

16,026.55

16,241.65

INFRA

3,238.40

-0.41

3,254.50

3,257.95

3,234.05

3,251.75

MNC

15,064.65

-0.4

15,156.00

15,166.75

15,045.50

15,124.95

PSE

3,680.50

0.09

3,687.10

3,702.70

3,677.05

3,677.25

SERV SECTOR

15,650.85

-0.21

15,694.90

15,704.60

15,633.40

15,683.45

GROWSECT 15

7,277.40

-0.44

7,312.45

7,312.60

7,269.80

7,309.75

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EPIC RESEARCH– ANALYST SPEAKS 30 AUG 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

11790.00

11747.00

11720.00

11677.00

11650.00

The Nifty50 after opening flat traded rangebound throughout the session but started correcting gradually in late morning deals. It fell below psychological 11,700-mark in the last half an hour of trade and closed tad below the same level on Wednesday. The index formed bearish candle on the daily candlestick charts ahead of expiry of August futures & options contracts on Thursday.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 30 AUG 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

28478.00

28352.00

28271.00

28145.00

28064.00

Nifty Bank, is showing reversal, as it failed to register new highs in the last trading sessions, which may spoil the party for the bulls, if the index moves below the levels of 28160 by the mid of Today’s session then it can extend its downfall so we advice you to short nifty bank future around the levels 28160-28150 for the targets of 28000-27900 with stoploss above 28230.

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EPIC RESEARCH– ANALYST SPEAKS 30 AUG 2018

BAJAJFINANCE FUTURE

With the good fundamental this particular script has also plus point with respect to its technical , it is maintaining its uptrend and clsoed above its crucial resistance level of 2970, now this level can act as its new support level so buy on correction would be good opportunity to go with it here we advice you to buy around the levels of 2975-2978 for the targets of 3000-3120 with stoploss below 2965.

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EPIC RESEARCH– ANALYST SPEAKS 30 AUG 2018

KPIT FUTURE

The particular counter is showing a clear sign of correction from its higer levels of 297 and rebounded from its support level of 288 and closed in a negative note around the levels of 293 from the daily chart its clear that is moving within a range and this movement may continue today so we advice you to sell kpit future around the levels of 295.80-296 for the targets of 290-285 with stoploss above 299.

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DISCLAIMER 30 AUG 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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