Daily equity report 24 july 2018 by epic research

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24 JULY 2018
DAILY EQUITY REPORT
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2. YOUR MINTVISORY Call us at +91-731-6642300
24 JULY 2018
DAILY MARKET WRAPUP
INDIAN INDICES
INDEX CMP Change % Chg
NIFTY 11010.20 53.10 0.48
SENSEX 36496.37 145.14 0.40
-0.16
Index Current % Change Open High Low Prev. Close
AUTO 10,752.70 -0.43 10,803.10 10,845.10 10,700.15 10,799.00
FIN SERVICE 11,270.55 0.55 11,191.10 11,290.30 11,167.30 11,208.70
FMCG 29,281.00 0.23 29,236.25 29,374.85 29,080.10 29,212.50
IT 14,701.40 1.46 14,541.35 14,771.05 14,518.50 14,489.85
MEDIA 2,813.75 -0.46 2,817.35 2,828.40 2,800.20 2,826.65
METAL 3,092.20 -0.4 3,106.05 3,109.75 3,062.25 3,104.60
PHARMA 8,895.25 1.66 8,752.15 8,914.50 8,727.70 8,749.90
PSU BANK 2,802.35 0.44 2,785.40 2,816.85 2,770.05 2,790.05
REALTY 257.1 1.26 254.8 257.7 252.7 253.9
ENERGY 14,542.30 0.77 14,472.40 14,625.35 14,425.80 14,431.30
INFRA 3,032.30 0.61 3,009.70 3,042.90 3,001.30 3,013.80
MNC 14,108.85 0.03 14,119.50 14,175.60 14,041.15 14,104.70
PSE 3,478.70 -0.66 3,491.80 3,493.15 3,461.80 3,501.90
SERV SECTOR 14,997.65 0.65 14,896.50 15,017.90 14,874.35 14,901.50
GROWSECT 15 6,830.20 -0.54 6,872.95 6,887.35 6,821.00 6,867.20

3. YOUR MINTVISORY Call us at +91-731-6642300
24 JULY 2018
EPIC RESEARCH– ANALYST SPEAKS
From the daily chart its clear that the Nifty future has finally broken its crucial resistance level of 11073 and closed above it ,here it is showing
that now the index has created its new support and resistance level, today it may touch its earlier level of 11080 due to profit booking so we
advice you bid a long position around 11070-11090 for target of 11140-11190 sl below 11020.
NIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
11079.00 11044.00 10995.00 10960.00 10911.00

4. YOUR MINTVISORY Call us at +91-731-6642300
24 JULY 2018
EPIC RESEARCH– ANALYST SPEAKS
The Nifty Bank closed at 27008.15 on Monday. The important Pivot level, which will act as crucial support for the index, is placed at 26722,
followed by 26537. On the upside, key resistance levels are placed at 27141, followed by 27275. As per the daily chart its clear that 26780 is a
crucial support level from which it has rebounded multiple times ,on Friday also it had closed above this level so long position can be made
around the levels of 26950-26980 for the Target of 27050-27150 with Stoploss below 26850.
BANKNIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
27275.00 27141.00 26906.00 26772.00 26537.00

5. YOUR MINTVISORY Call us at +91-731-6642300
24 JULY 2018
EPIC RESEARCH– ANALYST SPEAKS
After breaking its previous support level of 547 the particular script has rebounded from its another support level of 530,and it has clsoed above
its resistance level of 560 with a bull candle which has a huge volume ,if today pharma sector shows some positivity then sunpharma will surely
continue its uptrend ,so as per the trend Sunpharma future can be bought around 561-562 for the target of 573-590 with Stoploss below 555.
SUNPHARMA FUTURE

6. YOUR MINTVISORY Call us at +91-731-6642300
24 JULY 2018
EPIC RESEARCH– ANALYST SPEAKS
The particular counter is shwoing a clear sign of reversal from its lower levels of 61.50 with stockhastic momentum indicator showing a bounce
back , as per the daily chart the last trading session candle has closed near to its resistance level of 65.55, here long position can be made around
65.55-66 for the possible targets of 68-70 sl below 64.
NBCC FUTURE

7. YOUR MINTVISORY Call us at +91-731-6642300
24 JULY 2018
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