EPIC RESEARCH: - Daily Equity Report Of 21 Jan 2019

Page 1

DAILY EQUITY REPORT 21 JAN 2019

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DAILY MARKET WRAPUP 21 JAN 2019

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10907

+1.8

+0.02

SENSEX

36386

+12.53

+0.03

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

AUTO

8,878.20

0.13

8,893.20

8,920.80

8,850.25

8,866.75

FIN SERVICE

11,703.55

0.43

11,691.90

11,733.45

11,620.50

11,653.35

FMCG

30,737.25

-0.15

30,822.30

30,912.80

30,514.95

30,783.85

IT

14,800.25

0.63

14,714.25

14,813.90

14,660.05

14,707.80

MEDIA

2,428.70

-2.08

2,486.25

2,498.15

2,408.70

2,480.40

METAL

2,963.05

-0.13

2,974.90

2,981.65

2,948.10

2,967.05

PHARMA

8,930.50

-1.37

9,069.60

9,097.55

8,905.40

9,054.20

PSU BANK

3,120.40

-1.56

3,177.80

3,182.00

3,099.15

3,170.00

REALTY

241.4

1.19

238.7

242.45

238.55

238.55

ENERGY

2,031.50

-0.12

2,039.40

2,047.10

2,026.60

2,033.90

INFRA

14,257.50

0.1

14,318.95

14,366.80

14,208.65

14,242.60

MNC

13,659.95

0.08

13,676.65

13,697.20

13,601.55

13,649.50

PSE

3,299.35

0.4

3,293.40

3,310.05

3,285.40

3,286.30

SERV SECTOR

15,161.95

0.28

15,157.15

15,190.25

15,060.05

15,119.60

GROWSECT 15

2,048.19

-0.06

2,049.92

2,049.92

2,048.19

2,049.51

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EPIC RESEARCH– ANALYST SPEAKS 21 JAN 2019

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10971

10939

10895

10863

10819

NIFTY -On daily weekly chart we have identify that Head & Shoulder pattern is forming at the top . Head & shoulder & for a short term forming Raising wedge pattern in technical term bearish reversal pattern .Nifty struggling from one month to breach the crusical resistence level of 11000. Quarterly Earning season started,so nifty moves according to performance of companies may expected. Our strategy on Nifty Buy for this week may expect nifty breach the level of 11000 . Target 10955/11070

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EPIC RESEARCH– ANALYST SPEAKS 21 JAN 2019

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

27646

27551

27481

27386

27315

BANK NIFTY - On weekly chart we havee seen Doji candle formation . Closing of bank nifty above its 200 DEMA level . Our recommendation is to SELL bank nifty future in range of 27900-28000 target 27700/27500 SL 28300 Our view on bank nifty is Bearish ,weakness shown from upper level,because on chart we can not seen strength .Even though Nifty bank chart is good as compare to Nifty 50.On daily chart Nifty bank future forming rising wedge bearish pattern .

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EPIC RESEARCH– ANALYST SPEAKS 21 JAN 2019

IGL FUTURE

IGL -In IGL on daily chart as well as weekly we have seen the trend line breakout .In last week trading session strong buying force by trader . Derivative data also suggest that traders are bullish on this .Our recommendation is Buy in range 270-275 Target 296/305 SL 250 Stock is trade above all its important moving avaerages & volume also support .

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EPIC RESEARCH– ANALYST SPEAKS 21 JAN 2019

SIEMENS FUTURE

MCDOWELL-N – Daily chart of MCDOWELL-N looking week .We have seen the trendline breakdown & also stock does not sustain at upper level . Our recommendation is to sell the stock future from current level Target will be 550 SL 620. RSI & MACD also showing that downtrend continue in this stock .

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DISCLAIMER 21 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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