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DAILY EQUITY REPORT 17 MAY 2018

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DAILY MARKET WRAPUP 17 MAY 2018

INDIAN INDICES INDEX

CMP

Change

% Chg

NIFTY

10741.10

-60.80

-0.56

SENSEX

35387.88

-156.06

-0.44

-0.16 Index

Current

% Change

Open

High

Low

Prev. Close

NIFTY AUTO

11,164.70

-0.2

11,149.40

11,231.25

11,085.15

11,186.80

FIN SERVICE

10,903.20

-1.03

10,945.20

10,993.20

10,884.45

11,016.65

NIFTY FMCG

28,866.00

1.81

28,219.60

28,987.50

28,200.65

28,352.65

NIFTY IT

13,525.60

0.15

13,474.05

13,585.15

13,466.60

13,504.95

NIFTY MEDIA

3,283.00

0.56

3,255.20

3,292.75

3,242.90

3,264.70

NIFTY METAL

3,696.15

-0.41

3,706.45

3,732.25

3,664.20

3,711.55

NIFTY PHARMA

8,399.10

-0.02

8,383.20

8,425.10

8,287.10

8,401.15

NIFTY PSU BANK

2,709.90

-3.05

2,754.85

2,772.55

2,688.00

2,795.05

NIFTY REALTY

307.05

2.06

300.85

308.15

300.8

300.85

NIFTY ENERGY

13,786.05

-1.7

13,982.75

13,984.20

13,703.80

14,025.00

NIFTY INFRA

3,353.75

-0.54

3,360.65

3,366.15

3,337.00

3,371.95

NIFTY MNC

14,377.15

0.86

14,207.45

14,404.50

14,179.45

14,254.50

NIFTY PSE

3,816.95

-0.54

3,834.15

3,836.75

3,779.50

3,837.55

SERV SECTOR

14,418.75

-0.73

14,453.70

14,517.05

14,392.90

14,524.45

GROWSECT 15

6,666.50

0.86

6,580.70

6,677.50

6,559.50

6,609.40

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EPIC RESEARCH– ANALYST SPEAKS 17 MAY 2018

NIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

10834.00

10787.00

10743.00

10696.00

10652.00

The Nifty witnessed another volatile day on Wednesday but managed to close above its crucial support level of 10,700 levels but witnessed an intraday volatility of 91 points which resulted in a ‘High Wave’ candlestick pattern on the daily charts. A High Wave kind of pattern is formed when there is a long upper shadow and a long lower shadow with a small body. The pattern is similar to a spinning top or a Doji kind of pattern but in the high wave, the shadows are longer and there is a small body. ,so we advice to BUY NIFTY FUTURE AROUND 10850-10860 TGT 10900-10950 SL BELOW 10800.

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EPIC RESEARCH– ANALYST SPEAKS 17 MAY 2018

BANKNIFTY RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

26563.00

26372.00

26237.00

26046.00

25911.00

The Nifty Bank index closed at 26,413.15. The important Pivot level, which will act as crucial support for the index, is placed at 26195, followed by 25978. On the upside, key resistance levels are placed at 26553, followed by 26654. so we advice you to BUY Nifty Bank future around 26300-26350 tgt 26420-26500 sl below 26220.

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EPIC RESEARCH– ANALYST SPEAKS 17 MAY 2018

MANAPPURAM FUTURE

The particular script has rebounded by making a spinning top candle from its support level of 114 and can give a upward movement as per the intraday levels,here buy on support level would be a good opportunity so we advice you to BUY MANAPPURAM FUTURE AROUND 115-116 TGT118.50 –124 SL BELOW 112

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EPIC RESEARCH– ANALYST SPEAKS 17 MAY 2018

RELINFRA FUTURE

The particular script has rebounded from its support level of 375 and can break its crucial resistance level of 391,here buy on support level would be a good opportunity so we advice you to BUY RELINFRA FUTURE AROUND 391-392 TGT395 –400 SL BELOW 388

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Daily equity report 17 may 2018 by epic research  

The Nifty witnessed another volatile day on Wednesday but managed to close above its crucial support level of 10,700 levels but witnessed an...

Daily equity report 17 may 2018 by epic research  

The Nifty witnessed another volatile day on Wednesday but managed to close above its crucial support level of 10,700 levels but witnessed an...

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