Press Releases
 
EPIC RESEARCH : Special-Report Of 15 June 2018

, 15 June 2018 -- The S&P 500 edged up and the Nasdaq reached another record closing high on Thursday after the European Central Bank said it would avoid raising interest rates until mid-
2019, and data showed US economic strength.

Global markets at a glance

The S&P 500 edged up and the Nasdaq reached another record closing high on Thursday after the European Central Bank said it would avoid raising interest rates until mid- 2019, and data showed US economic strength.

The strong US retail sales numbers came a day after the US Federal Reserve increased its key interest rate and hinted at the possibility of two more hikes by the end of 2018.

The ECB announced it would end its bond-purchase program at year-end but signaled that any interest rate hike was still distant.

Asian shares wobbled on Friday as investors braced for US tariffs against China, while the euro flirted with two-week lows after a cautious European Central Bank indicated it would not raise interest rates for some time.

US President Donald Trump has made up his mind to impose “pretty significant” tariffs and will unveil a list targeting USD 50 billion of Chinese goods on Friday, an administration official said. Beijing has warned that it was ready to respond

Previous day Roundup

The bulls failed to remain in control of the market on Thursday amid weak global cues, after the US Federal Reserve raised its fed funds rate by 25 basis points on Wednesday.The Nifty held on to its crucial support of around 10,800, and made a bearish 'Hammer'-like pattern on the daily chart. Investors are advised to remain cautious as a decisive breach of 10,767 on Friday could extend the decline.The Nifty, which opened at 10,832, rose marginally to hit an intraday high of 10,833.70. It hit an intraday low of 10,773.55 before ending the session at 10,808, down 48 points.India VIX fell by 4.31 percent to 12.09. The Bank Nifty has been forming small-bodied candles from the last couple of sessions, indicating the absence of follow through on both sides. It has to continue to hold above 26,500 to witness an up move towards 26,750,.

Index stats

The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-2.00pts], C o n s u m p t i o n [- 1 3 . 7 5 p t s ] , P S E [ - 4 . 7 0 p t s ] , C P S E [ - 4.20pts],Energy[47.95pts],FMCG[-145.00pts],Auto[- 7.20pts],Pharma[78.50pts],IT[174.30pts],Metal[- 16.10pts],Realty[-0.15 pts], Fin Serv sector[-22.35 pts].

RECOMMENDATIONS [FUTURE]

1.ARVIND [FUTURE ]

After consolidating between a range 414-405 the stock has given a breakout and closed above this range now we can get a bull run upto 422-424 so we avice to BUY ARVIND FUTURE AROUND 418-419 TGT 424-430 SL BELOW 413

2.NTPC [FUTURE]

After consolidating between a range 163.50-160 the stock has given a breakout downside and closed below this range now we can get a downfall upto 157-156 so we avice to NTPC FUTURE AROUND 160-159.50 TGT 157.50-155 SL BELOW 162.

STOCK RECOMMENDATION [CASH]
MMTC [CASH]

This script has given a breakout after breaking its resistance level of 37 and closed at 39 now 39.85 is only hurdle for it so we advice to BUY MMTC ABOVE 39.90 TGT 41-44 SL BELOW 37

Epic Research Limited counts as the top research providing firm all over India as well as other global markets. We can say that 'Market Research' is the soul of the organization and the trust builder for the client base. Our team having experienced researchers who offer updates on the sectors like – Stock Market News, Stock Market Live, Share Market News, Stock Market News Report, Live Stock Market News etc.

Our research Team assists on the following sectors -

Intraday Stock Tips
NCDEX TIPS

Find our offers and services by FREE TRIAL +91 731 6642300
give Missed call at 911 133 9000
walk into - 411 Milinda Manor, 2 RNT Road, Indore 452001
SMS EPIC to 56363 Or visit our site https://www.epicresearch.co/ or Or mail us here:

# # #


Document Attached Image Attached Download file at: http://www.epicresearch.co/research/daily-reports
(Right click and save file to download.)

Submitted by Epic Research, Epic Research Pvt.Ltd indore on Friday, 15 June 2018 at 1:58 PM
Category: News & Media
 
Related News

UAE Construction Equipment Rental Market (2018-2024)
Tuesday, 14 Aug 2018

Best Tools for Android Mobile Game Development You May Not Know
Saturday, 11 Aug 2018

Global Organic Coatings Market: Analysis & Forecast 2018-2025
Saturday, 11 Aug 2018

The Wall Street Journal Subscription in Single Click – Bharat Book Bureau
Friday, 10 Aug 2018

3 Useful Tips to Boost Mental Power and Lead a Successful Life
Thursday, 9 Aug 2018

Related Events

Ethical Corporation's 12th CR Reporting and Communications Summit 2018
Wednesday, 10 Oct 2018

Latest News

css text shadow generator
Wednesday, 15 Aug 2018

Fertility and Pregnancy Rapid Test Kits Market to Expand with Significant CAGR During 2025
Wednesday, 15 Aug 2018

5 Finest Places to Download And Install Android Apps
Tuesday, 14 Aug 2018

Ways to Use Breast Enlargement Cream Successfully
Tuesday, 14 Aug 2018

New Physiocratic League Launches Campaign for the First Georgist Political Party in Decades
Tuesday, 14 Aug 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 15 August 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Federal Dispute Resolution Training 2018
  • SILICON VALLEY FINTECH WEEK 2018
  • Hemophilia Drug Development
  • Data Science Leaders East Coast Network
  • Sydney's Biggest Postgraduate Event - QS World Grad School Tour

  • Latest Jobs
    Sorry, there are currently no entries posted here.