Weekly Equity Report 03-September-2018 by Epic Research

Page 1

WEEKLY EQUITY REPORT 03rd SEP. 2018

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03rd SEP. 2018

TOP FIVE GAINERS AND LOSERS Symbol

LTP

% Change

Traded Qty

Value (in Lakes)

Open

High

Low

Prev. Close

DRREDDY

2,492.00

4.7

19,81,320

48,618.22

2,397.00

2,499.00

2,395.00

2,380.15

TECHM

766

4.66

72,76,056

54,806.89

734

768.75

731.25

731.9

LUPIN

931.5

4.24

68,88,252

63,724.60

896.8

939.8

895.75

893.65

TATAMOTORS

266.95

2.93

1,23,60,078

32,680.05

259.1

268.25

258.1

259.35

HCLTECH

1,044.35

2.73

32,79,336

34,278.57

1,021.00

1,055.00

1,019.50

1,016.55

Symbol

LTP

% Change

Traded Qty

Value (in Lakes)

Open

High

Low

Prev. Close

YESBANK

343

-5.18

8,40,19,022 2,88,664.15

343

350

336.25

361.75

RELIANCE

1,238.95

-2.79

1,53,05,857 1,90,885.46 1,270.00

1,270.00

1,236.60

1,274.45

BAJAJFINSV

6,753.00

-2.55

2,23,887

15,225.05

6,940.00

6,968.40

6,725.00

6,929.90

BAJFINANCE

2,856.00

-2.42

13,57,206

39,059.57

2,935.00

2,954.85

2,841.10

2,926.75

M&M

965.3

-1.8

22,43,187

21,717.19

982

988

959.15

982.95

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EPIC RESEARCH– ANALYST SPEAKS 03rd SEP. 2018

NIFTY DAILY CANDLESTICK CHART

STRATEGIES:-Last week NIFTY given out performance and closed near day high on positive note and gaining around 1.50%, and if we go technically on chart we can clearly see that NIFTY sharp upside in the last few weeks and continuously made a higher high because the bullish sentiment is strong across sectors.And NIFTY future intact above 11800 its upper band.And from a data perspective FIIs inflow continued increase from emerging market and domestic institutions helped the index to gain further. During the week highest OI add at 11700-11600 PUT and maximum OI at 11700-11800 CALL option in the week. And volatile moves may continue in the market.So we can follow buy on decline strategy it will be good for the target of 11800-11900 with the SL of 10600 and it's good according to risk reward ratio.

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EPIC RESEARCH– ANALYST SPEAKS 03rd SEP. 2018

BANK NIFTY DAILY CANDLESTICK CHART

STRATEGIES: During the week BANKING FUTURE traded in range bound made a high of 28408.80 it’s near life tme high level and closed near record high on positive note, And if we go technically on chart we can clearly seen long term trend is continue bullish since March18. And traded above all averaging level,Its clearly indicate Banknifty go upside ahead,However PSUBanks assets quality is major concern so keep that in mind .And from a data perspective create narrow range in option traders, During the week highest OI add at 28000-27800 PUT and maximum OI at 28000 CALL option in the week. So we can follow buy on decline strategy, So we advise you to buy on dips for the targets of 28200-28400 with the SL of 27800

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EPIC RESEARCH– ANALYST SPEAKS 03rd SEP. 2018

IRB FUTURE DAILY CANDLESTICK CHART

IRB future again closed with bearish sign but the support level which is holding by IRB is very strong from last seven week it is moving in range of 186 to 207. Since last week it closed at 191.80 which is near to price range support level so buy it around 186-188 with stop loss of 181 for the target of 200 -207.

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EPIC RESEARCH– ANALYST SPEAKS 03rd SEP. 2018

TATAMOTORS FUTURE DAILY CANDLESTICK CHART

TATAMOTORS Future given small bounce back from it previous week lows and it created bullish harami candle stick pattern according to that we can see some more upside in upcoming week but at 278 it has strong resistance level on monthly chart since Nifty is also moving in narrow range so can take contra trade with stop loss of above 280 with target of 260 250.

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DAILY MARKET WRAPUP 03rd SEP. 2018

BUY SCRIPT SCRIPT

LEVEL

TGT

SL

CASTROLIND

158

165-175

153

LT

1350-1355

1380-1390

1340

SELL SCRIPT SCRIPT

LEVEL

TGT

SL

GAIL

382-384

360-350

398

ASHOKLEY

133-134

125-120

140

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DISCLAIMER 03rd SEP. 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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03rd SEP. 2018

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03rd SEP. 2018

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