EPIC RESEARCH : - Daily Equity Report Of 31 OCTOBER 2018

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DAILY EQUITY REPORT 31 OCT 2018

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DAILY MARKET WRAPUP 31 OCT 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10198.40

-52.50

-0.51

SENSEX

33891.13

-176.27

-0.52

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,744.60

0.24

8,745.80

8,840.00

8,709.05

8,723.90

FIN SERVICE

10,398.65

-0.7

10,467.75

10,541.65

10,351.70

10,472.45

FMCG

28,271.30

0.05

28,247.40

28,359.30

28,112.00

28,257.50

IT

14,355.85

1.58

14,088.25

14,437.60

14,028.80

14,132.65

MEDIA

2,466.10

1.73

2,421.30

2,480.55

2,407.85

2,424.20

METAL

3,333.05

-1.08

3,377.05

3,380.75

3,327.75

3,369.50

PHARMA

9,535.30

-0.57

9,583.80

9,626.55

9,492.00

9,590.40

PSU BANK

2,846.95

2.47

2,776.45

2,910.90

2,764.20

2,778.40

REALTY

213.5

0.61

211.9

215.3

211.55

212.2

ENERGY

13,660.50

-2.18

13,930.00

13,931.25

13,634.15

13,965.20

INFRA

2,936.40

0.2

2,926.50

2,949.65

2,912.80

2,930.40

MNC

12,739.95

0.85

12,641.15

12,755.10

12,620.40

12,632.25

PSE

3,361.95

-1.17

3,393.95

3,395.25

3,356.55

3,401.80

SERV SECTOR

13,854.45

-0.05

13,846.25

13,976.10

13,807.30

13,860.95

GROWSECT 15

6,119.40

-0.13

6,127.65

6,147.95

6,101.30

6,127.50

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EPIC RESEARCH– ANALYST SPEAKS 31 OCT 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10329.00

10263.00

10219.00

10153.00

10109.00

The Nifty50 after a negative start managed to show some recovery in first hour of trade itself and hit an intraday high of 10,285.10, but wiped out those gains in late morning deals and gradually extended losses to hit day's low of 10,175.35 in late trade. If the market is able to sustain above 10,000 levels then it may head towards 10,400 levels in coming sessions, but one should be cautiously optimistic and keep a strict stoploss below 10,020.

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EPIC RESEARCH– ANALYST SPEAKS 31 OCT 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

25306.00

25056.00

24871.00

24621.00

24436.00

Bank nifty bounced back from its crcuail support level of 24470, now the zone 24400-470 provided the much needed support for its reversal,25430 is the possible level upto which it can rise then the downtrend could be seen so we advice you to buy bank nifty future around 25000-25050 for the targets of 25100-200 with stoploss above 24900.

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EPIC RESEARCH– ANALYST SPEAKS 31 OCT 2018

IRB FUTURE

As per daily chart the particular counter is moving in a downtrend but it has tendency to show pull back ,which it has made from its support level of 118 recently, buy on dip strategy would be good to go for it so we advice you to buy irb future around 127.50-128 for the targets of 133-138 with stoploss below 125.

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EPIC RESEARCH– ANALYST SPEAKS 31 OCT 2018

INDUSINDBK FUTURE

After rbeaking its crucial support level of 1423 the stock has confirmed its bearish continuation movement, yesterday the banking sector showed upward strength still it followed its downtrend, due to oversold condition a correction could be seen upto the level of 1400-1395 so its better to wait for your trade so we advice you to sell indusindbk future around 1400-1395 for the targets of 1375-55 with stoploss above 1415.

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DISCLAIMER 31 OCT 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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