EPIC RESEARCH: - Weekly Equity Report Of 24 December 2018

Page 1

WEEKLY EQUITY REPORT 24th DEC. 2018

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24th DEC. 2018

TOP FIVE GAINERS AND LOSERS Symbol

LTP

% Change

Traded Qty

Value (in Lakes)

Open

High

Low

Prev. Close

HINDPETRO

250.1

2.31

1,32,08,463

32,790.01

246.1

252.05

242.5

244.45

BPCL

374.35

0.88

52,32,821

19,510.57

374.7

376.1

368.1

371.1

COALINDIA

252.2

0.66

1,28,02,364

32,158.26

250.9

253.35

247.15

250.55

NTPC

149.95

0.44

1,57,97,444

23,674.05

149.5

151.4

148.25

149.3

POWERGRID

198.45

0.25

49,06,476

9,672.14

198

199.1

195.65

197.95

Symbol

LTP

% Change

Traded Qty

Value (in Lakes)

Open

High

Low

Prev. Close

IOC

139.8

-5.44

3,46,80,959

48,685.13

141.8

142.8

139.1

147.85

UPL

735

-4.55

34,92,197

26,013.72

771.05

773.9

733.05

770

ADANIPORTS

361.25

-3.71

1,09,09,545

39,775.11

374.3

379.5

359.15

375.15

ZEEL

446.05

-3.44

51,19,793

23,112.28

463

465.5

444.3

461.95

MARUTI

7,539.00

-3.43

12,57,227

95,781.46

7,830.00

7,835.00

7,515.00

7,807.05

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EPIC RESEARCH– ANALYST SPEAKS 24th DEC. 2018

NIFTY DAILY CANDLESTICK CHART

NIFTY–Last Week NIFTY Future close on negative note with bearish candle in daily chart, and losing around 0.50% and if we go technically on chart we can clearly see that nifty future respect major resistsance level 10900-10950 if the index manages to close above this level then the index can move around 11000-11100, and last week nifty made a low around 10755 It’s support level. But bullish sentiment is strong across sectors. During the week highest OI add at 10700 PUT and maximum OI at 11000 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, buy around 10550 -10560 for the target of 10700-10900 with SL of 10450 and it’s good according to risk reward ratio.

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EPIC RESEARCH– ANALYST SPEAKS 24th DEC. 2018

BANK NIFTY DAILY CANDLESTICK CHART

BANK NIFTY– During the week BANKING Index given outperform compare to nifty index and closed on flatish note and gaining around .20%, And if we go technically on cahrt we can seen clearly selling pressure near resistance level around 27400,It’s clearly indicate banknifty go downside ahead, and also PSUBanks assets quality is major concern so keep that in mind and watch all PSUBanks movements. 27400-27500 it’s strong resistance level. And from a data perspective create broader range in option traders, During the week highest OI add at 26500 PUT and maximum OI at 27500 CALL option in the week. So we can follow sell on rise strateg, So we advise you to sell on rise for the targets of 26750-26400 With SL of 27500.

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EPIC RESEARCH– ANALYST SPEAKS 24th DEC. 2018

PETRONTET FUTURE DAILY CANDLESTICK CHART

PETRONET– This stock given strong pull back in last two week it bounce from the 52 support level but in last week after making high of 228.80 it tested selling pressure and closed at 223.25 near 200Dma level so it will be good to sell on rise in short term with stirt stop loss of 230 for the target of 220 205.

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EPIC RESEARCH– ANALYST SPEAKS 24th DEC. 2018

HAVELLS FUTURE DAILY CANDLESTICK CHART

HAVELLS– Havells future was consolidating near 52 week high but in last trading session Nifty tested strong selling around 11K level due to that it also faces strong profit booking and closed with bearish harami candle pattern on weekly chart, since in September month we seen strong selling pressure from the 732 level so be cautious and sell it around 710 with strict stop loss of 735 for the target of 690 660.

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DAILY MARKET WRAPUP 24th DEC. 2018

BUY SCRIPT SCRIPT

LEVEL

TGT

SL

YESBANK

174-176

186 200

160

ICICIBANK

343-345

355 365

330

SELL SCRIPT

YOUR MINTVISORY

SCRIPT

LEVEL

TGT

SL

DLF

190

183 175

196

IGL

265

258 250

271

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DISCLAIMER 24th DEC. 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.

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: 2018-12-24 09:20+05:30

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