daily equity report by epic research of 4 august 2016
TRANSCRIPT
YOUR MINTVISORY Call us at +91-731-6642300
4th AUGUST 2016
DAILY EQUITY REPORT
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YOUR MINTVISORY Call us at +91-731-6642300
4th AUGUST 2016
DAILY MARKET WRAPUP
INDIAN INDICES
INDEX CMP Change % Chg
NIFTY 8544.85 -78.05 -0.91
SENSEX 27697.51 -284.20 -1.02
SECTORAL INDICES
Index Current % Change Open High Low Prev. Close
CNX AUTO 9,301.75 -1.77 9,494.70 9,523.95 9,283.40 9,469.60
CNX ENERGY 9,167.15 -1.41 9,305.15 9,305.15 9,151.90 9,298.35
CNX FINANCE 7,637.95 -1.04 7,713.65 7,713.65 7,617.20 7,717.95
CNX FMCG 22,084.55 -2.45 22,639.95 22,639.95 22,022.45 22,638.85
CNX INFRA 2,877.75 -1.31 2,920.65 2,921.60 2,873.20 2,915.85
CNX IT 11,181.40 0.02 11,307.05 11,307.05 11,143.10 11,179.00
CNX MEDIA 2,793.85 -1.14 2,815.50 2,820.90 2,783.95 2,826.00
CNX METAL 2,411.15 -0.01 2,425.20 2,436.55 2,403.05 2,411.30
CNX MNC 10,011.20 -1.50 10,192.85 10,196.70 9,998.35 10,163.80
NI15 5,532.45 -1.12 5,618.15 5,618.15 5,524.90 5,595.05
CNX PHARMA 11,553.20 -0.13 11,603.75 11,652.10 11,478.05 11,567.80
CNX PSE 3,380.40 -1.07 3,417.90 3,419.45 3,375.15 3,416.90
CNX PSU BANK 2,824.30 -0.72 2,847.20 2,883.80 2,812.50 2,844.85
CNX REALTY 202.05 -1.44 204.80 205.60 201.00 205.00
CNX SERVICE 10,904.00 -0.63 10,985.75 10,985.75 10,884.25 10,972.85
YOUR MINTVISORY Call us at +91-731-6642300
4th AUGUST 2016
EPIC RESEARCH– ANALYST SPEAKS
After being under pressure for first four days Nifty is likely to see some recovery today. The most important trigger will be goods and service tax Bill as Constitutional Amendment Bill was passed in the Rajya Sabha last night. So we advise you to buy Nifty above 8600 for the targets of 8700 and 8800 with strict stop loss of 8480.
NIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
8675.70 8610.20 8569.90 8504.40 8398.60
YOUR MINTVISORY Call us at +91-731-6642300
4th AUGUST 2016
EPIC RESEARCH– ANALYST SPEAKS
BANKNIFTY like other indexes saw downside movement yesterday, but ended with a green hourly candlestick. After GST BILL was passed the street will now focus on details such as Revenue Neutral Rate. It has a strong support around 18550. So we advise you to buy it above 18800 for the targets of 18900 and 19000 with strict stop loss of 18650
BANKNIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
18846.00 18724.00 18633.00 18511.00 18420.00
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4th AUGUST 2016
EPIC RESEARCH– ANALYST SPEAKS
Last session CEATLTD Future show under pressure during the day. And cloed with bearish candlestick in daily chart, while before last session stock made a low of 847.75 and respect major support level and close above this level, So if stock break suppoort level, we may seen sharp fall this stock ,we will adwise to sell below 842 for the target of 835-825 with stop loss of 855.
CEAT LTD FUTURE
YOUR MINTVISORY Call us at +91-731-6642300
4th AUGUST 2016
EPIC RESEARCH– ANALYST SPEAKS
Last trading session ASIANPAINT future give out-performed and close with bullish candlestick in daily chart.And stock close above major resistance level 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 1154 for the target of 1160-1170 with SL of 1142.
ASIANPAINTS FUTURE
YOUR MINTVISORY Call us at +91-731-6642300
4th AUGUST 2016
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