Epic Research provides special report of the stock market in each segment that helps the traders to get a better overview of the market daily movements. Our aim is to serve quality services to the customers and fulfil their profit objective.

1. _____________________________________________________________________________________________________________________
Special Report
24 Jan-2018
Global markets at a glance
Wall Street rose on Friday, led by gains in consumer stocks,
even as a possible government shutdown loomed.
The S&P 500 and the Nasdaq hit record closing highs, while
the Dow ended the day higher after trading in a narrow
range.
Nike Inc, Philip Morris International Inc and Home Depot
Inc rose between 1.5 percent and 4.8 percent on upbeat
analyst expectations, helping to boost the S&P 500.
Conversely, losses in International Business Machines Corp
and American Express capped gains on the Dow.
The Dow Jones Industrial Average .rose 53.91 points, or
0.21 percent, to close at 26,071.72, the S&P 500 gained
12.27 points, or 0.44 percent, to 2,810.3 and the Nasdaq
Composite added 40.33 points, or 0.55 percent, to
7,336.38.
Asian stocks advanced on Tuesday after US senators struck
a deal to end a three-day government shutdown, sending
Wall Street's main indexes to record highs and keeping the
dollar well supported.
US lawmakers passed a short-term measure on Monday to
fund the federal government through February 8.
MSCI's broadest index of Asia-Pacific shares outside Japan
rose 0.2 percent to a fresh record peak.
Australian stocks climbed 0.7 percent and South Korea's
KOSPI added 0.5 percent. Japan's Nikkei was 0.45 percent
higher.World equity markets have been on a tear over the
past year, buoyed by a synchronized uptick in global
economic growth in a boon to corporate profits and stock
valuations.The brief US government shutdown put only a
minor dent to equities, with Wall Street rallying to record
highs overnight following the deal to end the impasse in
Washington.
Investors in Asia will turn to the Bank of Japan's monetary
policy decision later in the session for potential clues.
Previous day Roundup
The index, which opened at 10,883, slipped marginally to
an intraday low of 10,881.40. The bulls quickly took control
and pushed the index to a fresh intraday high of 10,975.10.
The index finally closed 71 points higher at 10,966.20.
According to Pivot charts, the key support level is placed at
10,906.7, followed by 10,847.2. If the index starts to move
higher, key resistance levels to watch out are 11,000.4 and
11,034.6.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Consumer Durables [-
78.20],CapitalGoods[ 133.97pts],PSU[194.93 pts],FMCG
[ 56.29 pts],Realty[ 13.60 pts],Power[ 11.09 pts],Auto
[ 78.28 pts],Healthcare[ 141.01 pts],IT[ 150.43 pts],Metal
[ 649.36pts],TECK[ 63.11pts], Oil& Gas [ 308.09 pts].
World Indices
Index Value % Change
DJI 26,210.80 -0.01
S&P500 2,838.50 -0.04
NASDAQ 6,962.25 -0.07
FTSE100 7,731.83 0.21
NIKKEI 23,989.08 -0.56
HANG SENG 32,767.67 -0.50
Top Gainers
Company CMP Change % Chg
Vedanta 343.50 16.55 5.06
Hindalco 264.95 9.85 3.86
SBI 318.10 11.60 3.78
Tata Steel 779.75 27.55 3.66
Cipla 622.35 21.20 3.53
Top Losers
Company CMP Change % Chg
Ambuja Cements 262.70 -5.75 -2.14
Eicher Motors 27,071.25 -578.55 -2.09
Wipro 315.25 -6.30 -1.96
Zee Entertain 597.15 -11.70 -1.92
HPCL 395.90 -5.90 -1.47
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
21STCENMGM 37.45 0.7 1.87
ADANIPORTS 433.45 2.55 0.59
AHLEAST 342.05 68.4 20
AICHAMP 36.95 1.05 2.84
ALEMBICLTD 63.45 5.25 8.27
ANDHRSUGAR 673.5 29 4.31
APLAPOLLO 2500.65 13.35 0.53
ARVSMART
Indian Indices
Company CMP Change % Chg
NIFTY 11083.70 117.50 1.07
SENSEX 36139.98 341.97 0.96
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
APOLLO 275 -23.25 -5
BALRAMCHIN 122.7 1.9 1.55
BRFL 88.3 -3.5 -3.96

2. _____________________________________________________________________________________________________________________
Special Report
24 Jan-2018
STOCK RECOMMENDATION [CASH]
ORIENTHOT [CASH]
This particular stock has rebounded from its crucial
support level around 58 as per the intraday levels after
making a long buildup candle the stock has breaked its 52
weeks high so we recommend to buy ORIENTHOT above
68.50 tgt 72-76 sl below 66.50
MACRO NEW
 Trends on SGX Nifty indicate a negative opening for
the broader index in India, a fall of 27.5 points or 0.25
percent. Nifty futures were trading around 11,060.5-
level on the Singaporean Exchange.
 In his keynote speech at World Economic Forum in
Davos Prime Minister Narendra Modi spoke about
renewable energy, terrorism, data, reforms, among
other things. India will be the world's fastest-growing
major economy in 2018, according the IMF's latest
World Economic Outlook update.India has cut red
tape and removed artificial borders within the nation
by introducing one nation, one tax in the form of GST.
Modi also talked about how working, travelling and
manufacturing in India is way easier now and added
that all sectors of India are open for FDI.
 Claiming a "big win", President Donald Trump today
signed a bill to end a three-day government shutdown
after striking a deal with Democrats to hold a debate
on the future of over 700,000 young undocumented
immigrants.
 Japanese investments into India have risen manifold in
the last ten years to reach USD 4,709 million in
FY2017, says a Ficci report. The FDI inflow from the
island nation was at USD 84.74 million in the fiscal
2006-07, the report titled 'India Japan Roadmap
Towards Realising Vision 2025' said.
 As many as 66 companies on the BSE are scheduled to
report results for the quarter ended December which
include names like Biocon, Canara Bank, Capital First,
Indiabulls Ventures Ltd, Idea Cellular, Pfizer,
InterGlobe Aviation, TTK Prestige, etc. among others.
RECOMMENDATIONS [FUTURE]
1. ONGC [FUTURE ]
This particular stock is rebouding from its crucial support
level around 193 after making a dozi candle the stock has
given a breakout with good volume so we recommend to
buy ONGC future above 209 tgt 212-216 sl below 207.
2.INFY [FUTURE]
With a good strength in IT sector the various stocks like
wipro, tcs etc are performing well among them INFY has also
performed well and made a pennant pattern breakout at its
top so we recommend to buy INFY future above 1190 tgt
1200-1210 sl below 1182.

3. _____________________________________________________________________________________________________________________
Special Report
24 Jan-2018
MOST ACTIVE CALL OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY CE 11,200 13.15 3,68,186 37,95,000
BANKNIFTY CE 27,500 103.55 2,51,607 6,51,880
NIFTY CE 11,050 64 1,88,495 8,13,600
RELIANCE CE 1,000 4.35 12,612 37,44,000
RELIANCE CE 980 11.25 11,982 20,83,000
TATASTEEL CE 780 8 9,673 6,57,000
MARUTI CE 9,500 102.75 9,595 1,65,150
SBIN CE 320 4.1 9,098 57,24,000
MOST ACTIVE PUT OPTION
Symbol Optio
n
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
NIFTY PE 11,000 19.8 6,09,404 44,31,375
NIFTY PE 10,900 9.15 4,85,238 36,72,150
NIFTY PE 10,800 5.6 3,43,099 44,73,675
RELIANCE PE 960 2.8 4,762 11,41,000
RELIANCE PE 980 7.95 4,353 6,34,000
SBIN PE 300 0.65 3,799 39,03,000
TATASTEEL PE 760 2.2 3,494 6,79,000
RELIANCE PE 940 1 3,423 15,75,000
FII DERIVATIVES STATISTICS
BUY OPEN INTEREST AT THE END OF THE DAY
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES 54505 4603.94 75972 6408.31 303767 25913.49 -1804.3722
INDEX OPTIONS 675277 61227.98 716007 64739.03 1059046 90028.85 -3511.0454
STOCK FUTURES 282841 21715.08 270306 20638.07 996103 75716.35 1077.0151
STOCK OPTIONS 166695 13600.14 164145 13370.42 124905 9872.60 229.7216
-4008.6809
SELL
STOCKS IN NEWS
 Manappuram Fin: Authorises MD & CEO to begin
further discussions on investment opportunities .
 Majesco to raise funds via QIP at a floor price of Rs
532/ share
NIFTY FUTURE
The Nifty which started with a gap on the higher side
climbed Mount 11K in the first 5 minutes of the morning
trade on Tuesday. The index closed near the record high
forming a strong bull candle on the daily charts for the
third consecutive session in a row. The Nifty closed at
11,083.7 on Tuesday. According to Pivot charts, the key
support level is placed at 11,021.17, followed by
10,958.63. If the index starts to move higher, key
resistance levels to watch out are 11,119.57 and
11,155.43. so we advice to Buy nifty future around
11020-11030 tgt 11080-12020 sl below 10980.
INDICES R2 R1 PIVOT S1 S2
NIFTY 11154.00 11118.00 11056.00 11020.00 10958.00
BANKNIFTY 27648.00 27519.00 27292.00 27163.00 26936.00

4. _____________________________________________________________________________________________________________________
Special Report
24 Jan-2018
COMMODITY ROUNDUP
Gold slipped on Thursday, hitting its lowest in nearly a
week, as the dollar edged higher from three-year lows on
stronger-than-expected US economic data.
Spot gold was down 0.1 per cent at $1,326.11 per ounce as
of 0726 GMT. Earlier in the session, it touched its lowest
since Jan. 12 at $1,323.70.
In the previous session, it fell 0.8 per cent, posting its worst
one-day per centage decline since Dec. 7.
US gold futures for February delivery slipped 0.9 per cent to
$1,326.60 per ounce.
"The metal looks well supported at $1,325 (an ounce) and
below that we can expect plenty of buying interest ahead of
$1,300," said MKS PAMP Group trader Tim Brown in a note.
"On the upside, first resistance should be at the four month
high of $1,344 and the $1,350 level after that."
Gold and silver were trading higher in early trade on
Tuesday on account of buying in precious metals by
jewellers, industries and retailers.
MCX Gold futures were trading 0.13 per cent up at Rs
29,792 per 10 gram at around 10.35 am (IST), while MCX
Silver futures were up 0.17 per cent at Rs 39,638 per 1 kg at
around the same time.
Gold imports increased by 71.52 per cent to $3.39 billion in
December because of weak global prices and higher
domestic demand.
According to the commerce ministry's data released on
Monday, silver imports too jumped by 106 per cent to
$197.26 million last month as against $95.84 million in
December 2016.
Gold imports by India, the world's second-biggest consumer
of gold, stood at $3.39 billion in December 2017 as against
$1.97 billion a year ago.
Likewise, the metal for delivery in January edged up by Rs
1.80, or 0.24 per cent, to Rs 759.10 per kg in 47 lots.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD FEB ABOVE 29950 TGT 30000 30100 SL BELOW
29870
SELL GOLD FEB BELOW 29850 TGT 29800 29700 SL ABOVE
29920
SILVER
TRADING STRATEGY:
BUY SILVER MAR ABOVE 39000 TGT 39200 39500 SL BELOW
38800
SELL SILVER MAR BELOW 38500 TGT 38300 38000 SL
ABOVE 38700

5. _____________________________________________________________________________________________________________________
Special Report
24 Jan-2018
NCDEX INDICES
Index Value % Change
Castor Seed 4120 1.98
Chana 3753 0.86
Coriander 5925 1.33
Cotton Seed Oilcake 1731 0.82
Guar Seed 10 MT 4482.5 1.77
Jeera 16445 -0.6
Mustardseed 4083 0.29
Soy Bean 3539 1.14
Turmeric 7404 1.12
Wheat 1677 -0.71
RECOMMENDATIONS
DHANIYA
BUY CORIANDER APR ABOVE 6040 TGT
6090 6190 SL BELOW 5990
SELL CORIANDER APR BELOW 5880 TGT 5830 5730 SL
ABOVE 5923
GUARGUM
BUY GUARGUM5 FEB ABOVE 9830 TGT
9880 9980 SL BELOW 9780
SELL GUARGUM5 FEB BELOW 9670 TGT 9620 9520 SL
ABOVE 9720
Arrivals of jeera are likely to gather pace by the end of
February, the peak arrival season, after which daily average
supply will be likely at 25,000-30,000 bags. According to
traders' estimate, the country's jeera output during 2017-18
(Oct-Sep) is seen rising 30% on year to 6.5 million bags due
to a sharp rise in acreage as farmers were lured by higher
prices last season.
Small cardamom prices showed a steady trend at the
auctions held in Kerala and Tamil Nadu. At the Cardamom
Planters Association (CPA auction held in Bodinayakannur
on Monday, of the 33 tonnes arrived 32 tonnes were
traded. The maximum price was at Rs.1,234 a kg. The
auction average stood at Rs.941.41 (Rs.929.54)
Soybean witnessed firm tone in most of the spot markets
across the country amid good demand. Good quality
soybean which contains 10 percent moisture traded in the
range of Rs 3,300-3,500/100kg against Rs 3,200-3,400 on
previous session in benchmark Indore market. Demand of
soymeal by poultry feed manufacturers have revived due to
increased sales of broiler chicken in retail market due to on
going winter demand. Now the placement of chick in
poultry farms may increase so the demand of soymeal may
increase further in the coming days. Refined soy oil futures
(Feb) may trade with a downside bias in the range of 732-
738. Despite of a steady demand from this edible oil, the
prices are not improving in the domestic market owing to
extreme bearishness of soy oil in the international market.
CPO futures (Feb) may trade with a downside bias & remain
below 561 levels.
Farmers in the country sowed chana across 10.62 mln ha,
up 7.9% on year, as of Wednesday, data released by the
agriculture ministry showed. Higher sowing in major chana
producing states--Madhya Pradesh, Maharashtra, and
Karnataka-- led to the overall rise in acreage.

6. _____________________________________________________________________________________________________________________
Special Report
24 Jan-2018
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 63.7722 Yen 57.5700
Euro 78.2166 GBP 89.2046
GBP/INR
BUY GBP/INR AROUND 89.00 TGT 89.10-89.20 SL 88.90
SELL GBP/INR BELOW 88.00 TGT 87.90-87.80 SL 88.10
USD/INR
BUY USD/INR ABOVE 64.00 TGT 64.10-64.20 SL 63.90
SELL USD/INR BELOW 63.60 TGT 63.50-63.40 SL 63.70
The U.S. dollar held onto modest gains against other major
currencies on Tuesday, supported by news a deal to
temporarily end the U.S. government shutdown was made.
The greenback regained some ground after Congress
approved a measure on Monday to fund the government
for around three weeks and President Donald Trump
signed the bill, ending the three-day government
shutdown.
The U.S. dollar index, which measures the greenback’s
strength against a trade-weighted basket of six major
currencies, was up 0.09% at 90.23 by 05:15 a.m. ET (09:15
GMT), still close to Friday's three-year low of 89.96.
The euro and the pound were lower, with EUR/USD down
0.10% at 1.2250 and withGBP/USD shedding 0.24% to
1.3951.
The yen was higher, with USD/JPY down 0.22% at 110.67,
while USD/CHF held steady at 0.9622.
Earlier Tuesday Bank of Japan Governor Haruhiko Kuroda
said there is still some distance to reach the banks 2%
inflation target and there is no debate over the timing of
an exit from its loose monetary policy.
Elsewhere, the Australian dollar was weaker, with AUD/
USD down 0.55% at 0.7972, whileNZD/USD was almost
unchanged at 0.7329.
Meanwhile, USD/CAD gained 0.27% to trade at 1.2479.

7. _____________________________________________________________________________________________________________________
Special Report
24 Jan-2018
Date
Commodity/
Currency Pairs
Contract Strategy Entry Level Target
Stop
Loss
Remark
23/01/18 NCDEX DHANIYA APR BUY 5900 5950 6050 5850 TARGET HIT
23/01/18 NCDEX DHANIYA APR SELL 5780 5730 5630 5830 NOT EXECUTED
23/01/18
NCDEX
GUARGUM
FEB BUY 9610 9660 9760 9560 NOT EXECUTED
23/01/18
NCDEX
GUARGUM
FEB SELL 9490 9440 9340 9540 TARGET HIT
23/01/18 MCX GOLD FEB BUY 29850 29900 30000 29750 TARGET HIT
23/01/18 MCX GOLD FEB SELL 29800 29750 29650 29850 SL TRIGGRED
23/01/18 MCX SILVER MAR BUY 39200 39400 39700 39000 NOT EXECUTED
23/01/18 MCX SILVER MAR SELL 38900 38700 38400 39100 TARGET HIT
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
23/01/18 NIFTY FUTURE BUY 10910-10920 10970-11020 10870 NOT EXECUTED
23/01/18 TATAELXSI FUTURE BUY 1087 1107-1130 1077 SL TRIGGRED
23/01/18 INFY FUTURE SELL 1160 1170-1180 1152 TARGET HIT
23/01/18 KIRIINDUS CASH BUY 643.50 657-672 633.50 OPEN

8. _____________________________________________________________________________________________________________________
Special Report
24 Jan-2018
NEXT WEEK'S U.S. ECONOMIC REPORTS
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
TIME REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, JAN. 22
8:30 am Chicago Fed national activity index Dec. 0.15
TUESDAY, JAN. 23
None scheduled
WEDNESDAY, JAN. 24
9:45 am Markit manufacturing PMI (flash) Jan. 55.1
9:45 am Markit services PMI (flash) Jan. 53.7
10 am Existing home sales Dec. 5.81 mln
THURSDAY, JAN. 25
8:30 am Weekly jobless claims 1/20
8:30 am Advance trade in goods Dec.
-
$69.7bln
10 am
10 am Leading economic indicators Dec. 0.4%
FRIDAY,
JAN. 26
FRIDAY, JAN. 26
FRIDAY,
JAN. 26
FRIDAY, JAN. 26
FRIDAY, JAN.
26
FRIDAY
, JAN. 26