Epic research daily equity report of 23 march 2016
Transcript of Epic research daily equity report of 23 march 2016
YOUR MINTVISORY Call us at +91-731-6642300
23rd MAR 2016
DAILY EQUITY REPORT
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YOUR MINTVISORY Call us at +91-731-6642300
23rd MAR 2016
DAILY MARKET WRAPUP
INDIAN INDICES
INDEX CMP Change % Chg
NIFTY 7,714.90 +10.65 +0.14%
SENSEX 25,330.49 +45.12 +0.18%
SECTORAL INDICES
Index Current % Change Open High Low Prev. Close
CNX AUTO 7,947.15 1.01 7,882.60 7,964.50 7,854.75 7,867.60
CNX ENERGY 8,406.25 0.67 8,351.65 8,437.75 8,346.75 8,349.95
CNX FINANCE 6,595.45 0.45 6,555.00 6,612.70 6,511.60 6,565.75
CNX FMCG 19,609.00 -1.6 19,827.20 19,889.85 19,533.90 19,928.45
CNX INFRA 2,538.20 0.52 2,531.70 2,541.10 2,519.35 2,524.95
CNX IT 11,206.60 0.11 11,171.90 11,229.25 11,118.50 11,193.85
CNX MEDIA 2,321.00 0.08 2,324.50 2,336.60 2,298.15 2,319.25
CNX METAL 1,908.90 1.27 1,885.00 1,918.05 1,874.60 1,885.05
CNX MNC 8,974.55 0.57 8,920.10 8,989.95 8,868.80 8,923.35
NI15 5,085.80 -0.43 5,095.75 5,100.05 5,047.55 5,108.00
CNX PHARMA 11,217.50 -0.16 11,244.80 11,300.50 11,140.45 11,235.70
CNX PSE 2,838.35 0.21 2,832.65 2,861.15 2,830.15 2,832.50
CNX PSU BANK 2,472.60 -0.04 2,476.40 2,479.30 2,438.10 2,473.55
CNX REALTY 156.65 2.86 153.4 157.15 152.05 152.3
CNX SERVICE 9,906.30 0.22 9,872.25 9,929.15 9,802.85 9,884.80
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23rd MAR 2016
EPIC RESEARCH– ANALYST SPEAKS
In last trading session Nifty remained steady to bearish but in the ending hours Nifty pulled up and covering all losses it closed with a green candlestick. But Nifty has resistance of 200 EMA on weekly charts on current levels and last hourly candle also shows that Nifty may come a little down. So we advise you to sell Nifty below 7720 for the targets of 7640 and 7550 with strict stop loss of 7820.
NIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
7,781.00 7,747.00 7,695.00 7,661.00 7,609.00
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23rd MAR 2016
EPIC RESEARCH– ANALYST SPEAKS
Banknifty in yesterday trading session remained volatile in small range and after a lot of struggle covered losses in last hours and closed with green candlestick. But it has a resistance around 16000 level So we advise you to sell it below 15950 for the targets of 15850 and 15700 with strict stop loss of 16100.
BANKNIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
16,083.00 16,009.00 15,894.00 15,820.00 15,705.00
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23rd MAR 2016
EPIC RESEARCH– ANALYST SPEAKS
SUNTV Future facing strong supply around 366 in last two session it cross this level but could not sustain and due to profit booking it slipped from highs on daily chart it created spinning top candle where at 369 it has trend line resistance so we advise to sell it around 367-368 with stop loss of 370.20 for target of 364 360.
SUNTV FUTURE
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23rd MAR 2016
EPIC RESEARCH– ANALYST SPEAKS
In BEL future below 1190 we saw big fall in last FEB before last session it given around 6-7 per cent but in last day traded in range of 1197 – 1175 and closed at 1190.40 so we advise to buy it above 1200 for target of 1215 1240 1270 with stop loss of 1185.
BEL FUTURE
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23rd MAR 2016
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