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YOUR MINTVISORY Call us at +91-731-6642300 12 th SEPTEMBER 2016 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 [email protected]

Epic research daily equity report 12 september 2016

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Page 1: Epic research daily equity report 12 september 2016

YOUR MINTVISORY Call us at +91-731-6642300

12th SEPTEMBER 2016

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

[email protected]

Page 2: Epic research daily equity report 12 september 2016

YOUR MINTVISORY Call us at +91-731-6642300

12th SEPTEMBER 2016

DAILY MARKET WRAPUP

INDIAN INDICES

INDEX CMP Change % Chg

NIFTY 8866.70 -85..80 -0.96

SENSEX 28797.25 -248.03 -0.85

SECTORAL INDICES

Index Current % Change Open High Low Prev. Close

CNX AUTO 10,299.20 -1.52 10,441.75 10,441.75 10,288.20 10,458.65

CNX ENERGY 9,668.20 0.70 9,609.05 9,720.35 9,595.20 9,601.40

CNX FINANCE 8,294.55 -1.04 8,364.40 8,364.40 8,254.80 8,381.70

CNX FMCG 22,703.70 -2.08 23,105.20 23,165.30 22,687.45 23,186.15

CNX INFRA 2,935.30 -1.09 2,968.15 2,969.15 2,929.55 2,967.65

CNX IT 10,291.90 0.50 10,253.75 10,356.05 10,217.10 10,240.50

CNX MEDIA 2,932.85 -1.33 2,977.45 2,977.45 2,923.75 2,972.35

CNX METAL 2,607.20 -1.99 2,661.50 2,661.50 2,601.85 2,660.25

CNX MNC 10,565.35 -1.40 10,719.85 10,722.75 10,555.85 10,715.65

NI15 5,521.50 -0.86 5,565.20 5,572.00 5,516.85 5,569.45

CNX PHARMA 11,818.80 -0.99 11,958.25 12,042.70 11,781.10 11,936.65

CNX PSE 3,570.75 -0.04 3,569.30 3,590.95 3,560.10 3,572.25

CNX PSU BANK 3,287.95 -1.07 3,324.80 3,324.80 3,277.45 3,323.35

CNX REALTY 214.65 0.61 212.95 216.00 210.50 213.35

CNX SERVICE 11,225.90 -0.66 11,268.55 11,271.60 11,185.50 11,300.00

Page 3: Epic research daily equity report 12 september 2016

YOUR MINTVISORY Call us at +91-731-6642300

12th SEPTEMBER 2016

EPIC RESEARCH– ANALYST SPEAKS

Nifty in last trading session remained down and closed with further bearish indications. The economic indicators like; RSI is also negative and technically the index has reversed from the channel line resistance and from here it seems to be down till 8550, so we advise you to sell Nifty below 8850 for the targets of 8750 and 8600 with strict stop loss of 9000

NIFTY

RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

8968.50 8917.60 8888.10 8837.20 8807.70

Page 4: Epic research daily equity report 12 september 2016

YOUR MINTVISORY Call us at +91-731-6642300

12th SEPTEMBER 2016

EPIC RESEARCH– ANALYST SPEAKS

Banknifty in last trading session opened down and closed with a doji on highs along with negative RSi. We expect the index to come down now, so selling below 20200 is advised for the targets of 20100 and 2000 with strict stop loss of 2350 .

BANKNIFTY

RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

20454.00 20349.00 20244.00 20139.00 20034.00

Page 5: Epic research daily equity report 12 september 2016

YOUR MINTVISORY Call us at +91-731-6642300

12th SEPTEMBER 2016

EPIC RESEARCH– ANALYST SPEAKS

Last session TATASTEEL future has shown some pressure at higher level , last week stock made a new 52 week high but not stayed above this level and ended with bearish candlestick on daily chart. And last trading session stock down around 2% and it rose with rising OI , we expect the addition of short positions to eventually lead to good downsides in the stock. So we advise you to sell TATASTEEL future around 400-402 for the target of 395-385 with SL of 408.

TATASTEEL FUTURE

Page 6: Epic research daily equity report 12 september 2016

YOUR MINTVISORY Call us at +91-731-6642300

12th SEPTEMBER 2016

EPIC RESEARCH– ANALYST SPEAKS

Last session INDUSINDBK future has shown good strength whole day and last week stock maintain level 1200 and closed with bullish candlestick on daily chart , the stock made a new high and open interest in IndusInd Bank has increased 15% since the last series,we expect the addition of long positions to eventually lead to good upsides in the stock in long side, we may see sharp rise for that it will be good to buy around 1210-1212 for the target of 1220-1230 with SL of 1199.

INDUSINDBK FUTURE

Page 7: Epic research daily equity report 12 september 2016

YOUR MINTVISORY Call us at +91-731-6642300

12th SEPTEMBER 2016

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