Daily equity report 29 august 2018 by epic research

1. YOUR MINTVISORY Call us at +91-731-6642300
29 AUG 2018
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
Info@epicresearch.co

2. YOUR MINTVISORY Call us at +91-731-6642300
29 AUG 2018
DAILY MARKET WRAPUP
INDIAN INDICES
INDEX CMP Change % Chg
NIFTY 11738.50 46.50 0.40
SENSEX 38896.63 202.52 0.52
-0.16
Index Current % Change Open High Low Prev. Close
AUTO 11,044.15 0.46 11,038.45 11,071.25 10,980.90 10,993.55
FIN SERVICE 11,796.95 0.47 11,779.55 11,806.35 11,729.65 11,741.20
FMCG 32,494.35 -0.34 32,650.75 32,752.00 32,455.60 32,604.10
IT 15,583.05 0.44 15,546.50 15,641.40 15,528.40 15,514.95
MEDIA 2,865.25 -0.23 2,883.30 2,891.35 2,856.90 2,871.75
METAL 3,597.20 1.82 3,555.00 3,603.90 3,533.15 3,532.85
PHARMA 10,050.10 -0.44 10,132.50 10,243.20 10,030.25 10,094.20
PSU BANK 3,234.00 -1.52 3,288.90 3,303.05 3,214.30 3,283.90
REALTY 271.2 -0.9 274.45 274.85 270.5 273.65
ENERGY 16,241.65 0.99 16,126.55 16,348.85 16,119.20 16,082.70
INFRA 3,251.75 -0.08 3,265.80 3,284.65 3,242.50 3,254.30
MNC 15,124.95 0.35 15,113.95 15,184.10 15,052.15 15,072.20
PSE 3,677.25 -0.89 3,715.40 3,754.35 3,663.80 3,710.40
SERV SECTOR 15,683.45 0.23 15,699.05 15,741.80 15,648.75 15,647.25
GROWSECT 15 7,309.75 0.06 7,323.25 7,337.50 7,301.85 7,305.65

3. YOUR MINTVISORY Call us at +91-731-6642300
29 AUG 2018
EPIC RESEARCH– ANALYST SPEAKS
Indian market hit fresh records on August 28 supported by positive global cues. The Nifty50 hit a new high of 11,760, but witnessed profit
booking at higher levels and closed near its opening level forming a ‘Doji’ type of candle on the daily candlestick charts.Although the Nifty50
surpassed 11,750, it witnessed profit booking near 11,760 which pushed the index towards 11,700 levels. However, bulls managed to pull the
index near its opening level of 11,731. The index finally closed 46 points higher at 11,738.Here you can go for a long position in nifty future
around the levels of 11660-670 for the targets of 11700-11750 with stoploss below 11620
NIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
11786.00 11762.00 11736.00 11712.00 11686.00

4. YOUR MINTVISORY Call us at +91-731-6642300
29 AUG 2018
EPIC RESEARCH– ANALYST SPEAKS
Nifty Bank, is showing divergence, as it failed to register new highs in last nine sessions, which may spoil the party for the bulls, if the index
gets consolidated around the levels of 28325 by the end of Tuesday’s session so we advice you to short nifty bank future on strength around
the levels 28320-28315 for the targets of 28220-28120 with stoploss below 28400.
BANKNIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
28505.00 28387.00 28269.00 28151.00 28033.00

5. YOUR MINTVISORY Call us at +91-731-6642300
29 AUG 2018
EPIC RESEARCH– ANALYST SPEAKS
The stock has shown a reversal candlestick pattern from its lower level of stockhastic indicator in a previous week. A follow up buying with
positive close suggest a point of strength from its lower level buy from current level of 362 for the targets of 368-375 with the stoploss below 358
EPIC RESEARCH– ANALYST SPEAKS
BPCL FUTURE

6. YOUR MINTVISORY Call us at +91-731-6642300
29 AUG 2018
EPIC RESEARCH– ANALYST SPEAKS
The particular script has rebounded from its support level of 99 and closed in a positive note above the levels of 101 we cand witness its upward
movement from this level since the market is also in a positive trend so we suggest to buy around the levels of 101-102 for the possible targets of
105-110 with stoploss below 99.
MANAPPURAM FUTURE

7. YOUR MINTVISORY Call us at +91-731-6642300
29 AUG 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.
DISCLAIMER