Epic Research Daily Equity Report Of 08 June 2017

NIFTY

Last trading session NIFTY Future ended near high with bulliss candlestick in daily chart, after of RBI policy, also middcap index ended on positive note, So it’s may be market given sharp run up ahead, So we can follow buy on decline strategy. We may see rise for that it will be good to buy Nifty future around 9660-9670 for the target of 9710-9750 with SL of 9640.

BANKNIFTY

Last trading session BANKNIFTY Future ended a record high after RBI monetry policy,and ended with bullish candlestick in daily chart,So we can expect if cross previous day high we can seen sharp run up ahead,So we advise you to buy above 23600 for the target of 23700-23900 with SL of 23400.

DIVISLAB FUTURE

Last trading session DIVISLAB future given outperformance in daily chart and cross strong resistance level and maintain above this level and close near this level with bullish candlestick in daily chart. We may see sharp upside ahead for that it will be good to buy above 665 for the target of 675-690 with SL of 650.

DHFL FUTURE

Last trading session DHFL future given positive performance And ended near resistance level with bullish candlestick in daily chart. And since last session it rose with rising OI in long side. we expect the lead to good upside ahead. So we advise you to Buy above 437 for the target of 440-445 with SL of 433.

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