daily equity report by epic research of 16 august 2016
TRANSCRIPT
YOUR MINTVISORY Call us at +91-731-6642300
16th AUGUST 2016
DAILY EQUITY REPORT
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YOUR MINTVISORY Call us at +91-731-6642300
16th AUGUST 2016
DAILY MARKET WRAPUP
INDIAN INDICES
INDEX CMP Change % Chg
NIFTY 8672.15 +80.00 +0.93
SENSEX 28152.40 +292.80 +1.05
SECTORAL INDICES
Index Current % Change Open High Low Prev. Close
CNX AUTO 9,618.50 1.11 9,541.90 9,668.35 9,536.90 9,513.25
CNX ENERGY 9,434.50 1.05 9,347.05 9,446.95 9,346.80 9,336.85
CNX FINANCE 7,846.40 1.80 7,725.40 7,855.15 7,725.40 7,707.55
CNX FMCG 22,397.40 0.73 22,204.20 22,493.35 22,204.20 22,235.15
CNX INFRA 2,904.35 0.75 2,886.85 2,911.15 2,886.85 2,882.80
CNX IT 11,173.40 -0.43 11,218.70 11,302.40 11,153.45 11,222.20
CNX MEDIA 2,816.85 0.47 2,806.55 2,826.25 2,796.25 2,803.60
CNX METAL 2,510.15 1.45 2,481.10 2,524.25 2,481.10 2,474.30
CNX MNC 10,265.35 0.45 10,225.55 10,310.85 10,200.85 10,219.70
NI15 5,570.40 0.12 5,559.95 5,611.95 5,557.65 5,563.75
CNX PHARMA 11,362.40 -0.13 11,435.35 11,484.00 11,299.30 11,376.90
CNX PSE 3,439.30 0.21 3,434.20 3,451.80 3,422.95 3,432.10
CNX PSU BANK 2,960.70 5.85 2,797.55 3,004.20 2,772.70 2,796.95
CNX REALTY 209.05 -0.50 211.00 212.30 208.45 210.10
CNX SERVICE 11,081.75 1.12 10,976.20 11,089.75 10,976.20 10,958.80
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16th AUGUST 2016
EPIC RESEARCH– ANALYST SPEAKS
As bulls were controlling the market in last trading session, Nifty took run of around nearly 100 points but the closing hours shows that the index may come a little down again. The weekly chart also suggests the same as it could not close above the resistance, so we advise you to buy on dips from around 8600-8620 for the targets of 8680-8750 with strict stoploss of 8490.
NIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
8733.50 8702.80 8653.60 8622.90 8573.70
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16th AUGUST 2016
EPIC RESEARCH– ANALYST SPEAKS
BANKNIFTY in last trading session were in hands of bulls in last trading session as it moved up and up around 300 points with good amount of volume and also closed with the indication of further bullishness. So we advise you to buy it from around 19000 for the targets of 19080 and 19180 with strict stop loss of 18900.
BANKNIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
19172.00 19067.00 18881.00 18776.00 18590.00
YOUR MINTVISORY Call us at +91-731-6642300
16th AUGUST 2016
EPIC RESEARCH– ANALYST SPEAKS
Last trading session TATAMOTORS future show positive strength in AUTO sector but again respect major resistance level and close near major resistance with bullish candlestick in daily chart.Stock open on flattish note but take a good recovery at lower level and close near day high and since last session it rose with rising OI in long side . We may see sharp rise for that it will be good to buy above 521.50 for the target of 525-530 with SL of 516.
TATAMOTORS FUTURE
YOUR MINTVISORY Call us at +91-731-6642300
16th AUGUST 2016
EPIC RESEARCH– ANALYST SPEAKS
Last session INFY Future show under pressure during the day. And closed with bearish candlestick in daily chart, while before last session stock made a low of 1064.20 and respect major support level, So if stock break suppoort level, we may see sharp fall this stock ,we will adwise to sell below 1059 for the target of 1051-1040 with stop loss of 1070.
INFY FUTURE
YOUR MINTVISORY Call us at +91-731-6642300
16th AUGUST 2016
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