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EPIC RESEARCH : - Daily Equity Report Of 12 OCTOBER 2018 India, 12 October 2018 -- The Nifty50 opened with big gap down at 10,169.80 followed by a bit of recovery from day's low of 10,138.60 in later part of the session. NIFTY DAILY TECHNICAL LEVELS NIFTY The Nifty50 opened with big gap down at 10,169.80 followed by a bit of recovery from day's low of 10,138.60 in later part of the session. The index still closed 225.40 points lower at 10,234.70, the lowest closing level since April 4, 2018. Here you can go for sell on rise strategy around 10470-50 for the targets of 10400-10350 with stoploss above 10550. BANKNIFTY Yesterday nifty bank future showed range bound movement between 25000-24500, 24500 is a crucial support level which it failed to break,around 24730 it showed sudden bounce back but got resistance from 25000 here you can go for sell on rise strategy around 24800-780 for the targets of 24700-24600 with stoploss above 24880. STOCKS DAILY TECHNICAL LEVELS UJJIVAN FUTURE After making a doji candle at its support level of 232 the particular counter has made two bullish confirmation candle which clearly show a sign of reversal, 255 is the only resistance level which is acting as a hurdle for it so we advice you to buy around 255-256 for the targets of 260-266 with stoploss below 252. ITC FUTURE The partiuclar counter is showing a tendency to rebound from its support level of 268, also it has made a doji candle at this level today we can get a opportunity to buy on high so we advice to sell itc future around 269-271 for the targets of 274-278 with stoploss above 267. Epic Research delivers reliable trading advice for traders to fulfill their goals and return expectations is very true. Every day we come to work for 2 different things: thorough research on market movements & deliver those calls timely to our clients help make their investment at the right place. It was absolutely true when we started our company in 2008 and it's just as true today. We’re not just passionate purveyors of market research calls & advice but making trading a rewarding experience in all major segments which includes Nifty Call, derivatives trading, MCX and NCDEX trading, Currency Derivatives etc. Give a Missed call at 911-133-9000 walk into — 411 Milinda Manor, 2 RNT Road, Indore 452001 SMS EPIC to 56363 Visit our site: https://www.epicresearch.co/ Or mail us here: Submitted by Epic Research, Epic Research Pvt.Ltd indore on Friday, 12 October 2018 at 12:48 PM Category: Business |
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