7

Click here to load reader

Epic research daily equity report 24 october 2016

Embed Size (px)

Citation preview

Page 1: Epic research daily equity report 24 october 2016

YOUR MINTVISORY Call us at +91-731-6642300

24 OCTOBER 2016

DAILY EQUITY REPORT

Our Presence

Epic Research India

411 Milinda Manor (Suites 409- 417)

2 RNT Marg. Opp Central Mall

Indore (M.P.)

Hotline: +91 731 664 2300

Or give us a missed call at

026 5309 0639

HNI & NRI Sales Contact Australia

Mintara Road, Tarneit, Victoria. Post Code 3029

Phone.: +61 422 063855

HNI & NRI Sales Contact USA

2117 Arbor Vista Dr. Charlotte (NC)

Cell: +1 704 249 2315

Toll Free Number

1-800-200-9454

All queries should be directed to

[email protected]

Page 2: Epic research daily equity report 24 october 2016

YOUR MINTVISORY Call us at +91-731-6642300

24 OCTOBER 2016

DAILY MARKET WRAPUP

INDIAN INDICES

INDEX CMP Change % Chg

NIFTY 8693.05 -6.35 -0.07

SENSEX 28077.18 -52.66 -0.19

SECTORAL INDICES

Index Current % Change Open High Low Prev. Close

CNX AUTO 10,101.60 0.13 10,117.55 10,120.20 10,053.65 10,088.70

CNX ENERGY 10,106.45 -0.75 10,225.15 10,225.15 10,059.20 10,183.15

CNX FINANCE 8,054.65 -0.15 8,060.40 8,067.75 7,993.55 8,066.75

CNX FMCG 21,546.80 0.57 21,426.00 21,564.80 21,388.35 21,424.55

CNX INFRA 2,889.55 0.34 2,883.80 2,892.80 2,865.40 2,879.65

CNX IT 10,477.10 1.00 10,408.65 10,483.45 10,376.95 10,372.95

CNX MEDIA 2,959.55 0.10 2,957.05 2,981.15 2,942.05 2,956.45

CNX METAL 2,688.05 -0.76 2,705.75 2,706.80 2,667.35 2,708.50

CNX MNC 10,383.20 0.05 10,386.40 10,391.05 10,335.15 10,377.80

NI15 5,456.00 0.48 5,439.65 5,458.00 5,430.05 5,430.10

CNX PHARMA 11,494.55 0.10 11,508.70 11,515.20 11,416.40 11,483.35

CNX PSE 3,694.10 0.22 3,689.65 3,697.20 3,671.10 3,685.85

CNX PSU BANK 3,195.55 -0.42 3,207.65 3,207.65 3,157.90 3,208.90

CNX REALTY 209.65 0.82 209.10 210.75 208.30 207.95

CNX SERVICE 11,071.35 0.17 11,054.70 11,082.50 10,990.95 11,052.40

Page 3: Epic research daily equity report 24 october 2016

YOUR MINTVISORY Call us at +91-731-6642300

24 OCTOBER 2016

EPIC RESEARCH– ANALYST SPEAKS

After a little loss and hours of consolidation Nifty finally broke the high and closed with a doji candlestick, which shows nifty may again touch the previous low, but it is overall bullish so we advise you to buy it from around 8680 for the targets of 8740 and 8800 with strict stop loss of 8600

NIFTY

RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

8726.90 8693.00 8664.85 8630.95 8602.80

Page 4: Epic research daily equity report 24 october 2016

YOUR MINTVISORY Call us at +91-731-6642300

24 OCTOBER 2016

EPIC RESEARCH– ANALYST SPEAKS

BANKNIFTY FUTURE on Friday saw some losses in the beginning but soon it recovered and making a new high it closed with a positive indications. Though banknifty has a small resistance on current levels but it may break it. So we advise you to buy it above 19800 for the targets of 19900 and 20000 with strict stop loss of 19650.

BANKNIFTY

RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

19690.60 19551.35 19437.80 19297.80 19183.50

Page 5: Epic research daily equity report 24 october 2016

YOUR MINTVISORY Call us at +91-731-6642300

24 OCTOBER 2016

EPIC RESEARCH– ANALYST SPEAKS

IGL future show positive strength and future made a high of 869.40 it’s major resistance level and ended near day 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 870 for the target of 875-885 with SL of 864.

IGL FUTURE

Page 6: Epic research daily equity report 24 october 2016

YOUR MINTVISORY Call us at +91-731-6642300

24 OCTOBER 2016

EPIC RESEARCH– ANALYST SPEAKS

TATACHEM future show positive strength and cross major resistance level and ended with bullish caldlestick in daily chart and since last session it rose with rising OI in long side and last day future made a low 573.15 but good recovery at lower level and ended near day high. We may see sharp rise for that it will be good to buy above 583 for the target of 588-595 with SL of 577.

TATACHEM FUTURE

Page 7: Epic research daily equity report 24 october 2016

YOUR MINTVISORY Call us at +91-731-6642300

24 OCTOBER 2016

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.

DISCLAIMER