EPIC RESEARCH: - Weekly Equity Report Of 08 April 2019

Page 1

WEEKLY EQUITY REPORT 08 APR 2019

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08 APR 2019

TOP FIVE GAINERS AND LOSERS Symbol

LTP

% Change

Traded Qty

Value (in Lakes)

Open

High

Low

Prev. Close

TATASTEEL

550.5

3.74

1,00,37,713

54,513.82

531.2

551

531.2

530.65

ULTRACEMCO

4,203.90

3.04

7,38,916

30,687.26

4,104.00

4,206.00

4,084.15

4,079.95

BAJFINANCE

3,123.00

2.75

12,44,408

38,497.25

3,048.00

3,125.00

3,046.10

3,039.45

HINDALCO

216.2

2.73

79,65,595

16,941.23

210.5

216.8

209.75

210.45

JSWSTEEL

295.35

2.62

53,10,432

15,531.95

288.45

295.75

288.1

287.8

Symbol

LTP

% Change

Traded Qty

Value (in Lakes)

Open

High

Low

Prev. Close

POWERGRID

196.35

-1.5

55,59,738

10,981.59

200.7

200.7

196.05

199.35

BRITANNIA

2,998.00

-1.44

3,87,504

11,648.37

3,048.00

3,051.05

2,985.75

3,041.80

ZEEL

411.75

-1.33

74,37,616

30,945.69

420.95

422.55

409.25

417.3

SBIN

317.7

-1.27

2,31,17,232

73,473.50

323.7

323.7

315

321.8

DRREDDY

2,752.95

-0.66

4,45,093

12,268.50

2,775.80

2,778.00

2,742.50

2,771.35

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EPIC RESEARCH– ANALYST SPEAKS 08 APR 2019

NIFTY DAILY CANDLESTICK CHART

NIFTY -On weekly chart Nifty close with green candle & formed green doji pattern. Nifty made fresh all time high of 11761. In Market we observed that Buying from FII ‘S only, DII’s still not participating in this market rally. Election is going to start from April, 11 2019 which is big event for market. Option data suggest that 11500 act as support & 11700 as a resistance. Our recommendation is to Buy Nifty 50 in the range of 11500-11550 Target 11650/11750 Sl below 11380.

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EPIC RESEARCH– ANALYST SPEAKS 08 APR 2019

BANK NIFTY DAILY CANDLESTICK CHART

BANK NIFTY - Banknifty made fresh high of 30648 in this week. On weekly chart Bank nifty made red candle & also we get channel line breakout on weekly basis. Data suggest that OI addition seen strike price 30500 works as resistance & 29800 as support. Our recommendation is to Buy Nifty Bank in the range between 29900-30000 Target 30300/30600/30700 Sl Below 29750.

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EPIC RESEARCH– ANALYST SPEAKS 08 APR 2019

INFOSYS CANDLESTICK CHART

INFOSYS Future — Stock is taking a support of trend line on weekly chart & also forming Cup & Handle chart pattern. Quarterly result of company is on April 12,2019. Our recommendation is to Buy Infosys 760-762 Target 770/780 maintain Sl below 750. Market expectation from company is high on revenue front as we compare with its peers like TCS, HCL Tech.

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EPIC RESEARCH– ANALYST SPEAKS 08 APR 2019

PVR CANDLESTICK CHART

PVR Future — On weekly chart stock given monthly breakout & created bullish hammer candle stick pattern on to the weekly chart. Our view on the technical basis is to buy stock in derivative, in range 1690 –1695 Target 1720/1750 Sl below 1650. Stock is moving above all its important moving averages like 50,100 & 200 DEMA.

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DAILY MARKET WRAPUP 08 APR 2019

BUY SCRIPT SCRIPT

LEVEL

TGT

SL

VEDL

185-188

195/205

180

KAJARIA

625

650-680

600

SELL SCRIPT SCRIPT

LEVEL

TGT

SL

HDFC LIFE

370

350-340

400

PERSISTENT

625

600-585

640

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DISCLAIMER 08 APR 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.

Sachin Yadav YOUR MINTVISORY

Digitally signed by Sachin Yadav DN: cn=Sachin Yadav c=IN o=Personal Reason: I am the author of this document Location: Date: 2019-04-08 09:08+05:30

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