EPIC RESEARCH: - Daily Equity Report Of 14 Jan 2019

Page 1

DAILY EQUITY REPORT 14 JAN 2019

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DAILY MARKET WRAPUP 14 JAN 2019

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10795

-26.6

-0.25

SENSEX

36009

-96.66

-0.27

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,862.35

-0.79

8,942.05

8,950.30

8,816.90

8,933.35

FIN SERVICE

11,690.85

0.13

11,694.10

11,734.05

11,629.90

11,675.50

FMCG

30,759.05

0.61

30,704.45

30,849.25

30,611.95

30,571.65

IT

14,307.10

-0.11

14,288.95

14,326.90

14,134.25

14,323.25

MEDIA

2,496.35

-0.02

2,505.25

2,512.60

2,487.50

2,496.95

METAL

2,971.25

-0.04

2,980.30

3,003.50

2,961.60

2,972.35

PHARMA

8,902.45

-0.36

8,943.60

8,968.65

8,867.45

8,934.80

PSU BANK

3,160.00

-0.9

3,189.50

3,195.95

3,144.35

3,188.85

REALTY

236.65

-1.35

239.85

240.05

236.1

239.9

ENERGY

2,025.30

0.34

2,023.65

2,032.35

2,019.45

2,018.35

INFRA

13,937.55

-0.48

14,008.15

14,076.85

13,848.40

14,004.55

MNC

13,620.30

-0.15

13,651.15

13,659.80

13,581.00

13,641.15

PSE

3,281.10

-0.02

3,285.60

3,293.65

3,271.80

3,281.80

SERV SECTOR

14,983.65

-0.21

15,023.70

15,048.20

14,903.25

15,015.65

GROWSECT 15

2,059.67

0.13

2,057.37

2,060.25

2,057.37

2,056.95

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EPIC RESEARCH– ANALYST SPEAKS 14 JAN 2019

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10905

10850

10794

10739

10684

Nifty followed global market and started with gap up but today PSU and Metal share made pressure in market due to that whole day Nifty traded in sideways and in last one hour it loosed almost fifty per cent gains in intraday. On daily chart it created bearish candle since Nifty forming Open Broadening pattern so we it will be buy in decline around 10850 with stop loss o 10750 for the target of 10920/10970

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EPIC RESEARCH– ANALYST SPEAKS 14 JAN 2019

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

27712

27583

27482

27353

27252

Bank Nifty future traded at last four month highs today we have seen Buying force in PSU banks .On RSI it has negative divergence and it is forming channel line pattern since the last session buying from lower level so it can be buy with stop loss of 27500 which is previous week low for the target of 27650.

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EPIC RESEARCH– ANALYST SPEAKS 14 JAN 2019

STAR FUTURE

In Star on daily chart as well as weekly we have seen the trend line breakout & also asending triangle breakout .In last two trading session strong buying force by trader . Derivative data also suggest that traders are bullish on this .Our recommendation is Buy in range 477-480 Target 487/493 SL 468

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EPIC RESEARCH– ANALYST SPEAKS 14 JAN 2019

REPCO HOME FUTURE

Stock has given the breakout of the neckline of the double bottom pattern on the daily chart with the good volumes and closed near to days high. We recommend buying above 430 for the target of 435 with the stop loss of 420

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DISCLAIMER 14 JAN 2019 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. YOUR MINTVISORY

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