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Epic research daily equity report 04 january 2017

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Page 1: Epic research daily equity report 04 january 2017

YOUR MINTVISORY Call us at +91-731-6642300

04th JANUARY 2017

DAILY EQUITY REPORT

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Page 2: Epic research daily equity report 04 january 2017

YOUR MINTVISORY Call us at +91-731-6642300

04th JANUARY 2017

DAILY MARKET WRAPUP

INDIAN INDICES

INDEX CMP Change % Chg

NIFTY 8192.25 +12.75 +0.16

SENSEX 26643.24 +47.79 +0.18

SECTORAL INDICES

Index Current % Change Open High Low Prev. Close

CNX AUTO 9,300.30 -0.29 9,331.40 9,340.50 9,289.95 9,326.90

CNX ENERGY 10,431.05 1.20 10,346.80 10,479.60 10,305.95 10,307.65

CNX FINANCE 7,318.85 0.20 7,316.50 7,347.50 7,249.85 7,304.25

CNX FMCG 20,864.15 0.74 20,719.60 20,962.55 20,620.05 20,710.35

CNX INFRA 2,745.70 0.33 2,744.25 2,757.65 2,734.40 2,736.80

CNX IT 10,362.25 -0.05 10,386.60 10,390.90 10,291.25 10,367.05

CNX MEDIA 2,665.10 1.78 2,628.65 2,668.60 2,614.20 2,618.40

CNX METAL 2,714.95 0.36 2,717.90 2,725.60 2,700.65 2,705.25

CNX MNC 9,803.05 0.15 9,805.60 9,817.75 9,767.35 9,788.00

NI15 5,210.50 0.08 5,209.95 5,224.35 5,174.20 5,206.50

CNX PHARMA 10,317.45 0.07 10,350.15 10,382.55 10,280.00 10,310.20

CNX PSE 3,784.60 1.84 3,729.60 3,794.40 3,724.75 3,716.05

CNX PSU BANK 2,940.40 0.62 2,925.20 2,957.10 2,890.90 2,922.25

CNX REALTY 173.40 0.46 173.05 174.45 171.95 172.60

CNX SERVICE 10,330.10 0.16 10,334.55 10,359.05 10,244.35 10,313.90

Page 3: Epic research daily equity report 04 january 2017

YOUR MINTVISORY Call us at +91-731-6642300

04th JANUARY 2017

EPIC RESEARCH– ANALYST SPEAKS

NIFTY in yesterday trading session remained range bound, it moved around 70 points and closed with a doji on resistance. On daily technical charts the index has a strong resistance of 200 EMA and also of 38.2%. so we advise you to sell Nifty from some high around 8250-8270 for the targets of 8170 and 8100 with strict stop loss of 8350

NIFTY

RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

8257.10 8224.60 8186.60 8154.10 8116.10

Page 4: Epic research daily equity report 04 january 2017

YOUR MINTVISORY Call us at +91-731-6642300

04th JANUARY 2017

EPIC RESEARCH– ANALYST SPEAKS

: Banknifty in yesterday trading session saw some losses in initially but it soon recovered them. It moved around 300 points closed with a doji. Banknifty Future has resistance of 200 EMA on it’s latest high, so we advise selling it from around 18150 for the targets of 18050 and 17950 with strict stop loss of 18300.

BANKNIFTY

RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

18278.00 18156.00 17993.00 17871.00 17708.00

Page 5: Epic research daily equity report 04 january 2017

YOUR MINTVISORY Call us at +91-731-6642300

04th JANUARY 2017

EPIC RESEARCH– ANALYST SPEAKS

Last trading session TATAMOTORS Future show under pressure during and sharp reversal near resistance level.And ended with

bearish candlestick in daily chart,And since last session it rose with rising OI in short side,It’s indicate future go downside ahead,we

will adwise to sell around 487-488 for the target of 481-475 with stop loss of 493.

TATAMOTORS FUTURE

Page 6: Epic research daily equity report 04 january 2017

YOUR MINTVISORY Call us at +91-731-6642300

04th JANUARY 2017

EPIC RESEARCH– ANALYST SPEAKS

Last trading session IGL future show positive strength and cross major resistance line and close near day’s high with bullish candlestick

in daily chart. So if future cross yesterday high .We may see sharp rise for that it will be good to buy above 942 for the target of 948-

960 with SL of 935.

IGL FUTURE

Page 7: Epic research daily equity report 04 january 2017

YOUR MINTVISORY Call us at +91-731-6642300

04th JANUARY 2017

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