Epic Research Daily Equity Report Of 13 June 2017

NIFTY

Last trading session NIFTY Future ended with bearish candlestick in daily chart, but managed tohold 9600 level, also middcap index ended on negative side, So it’s may be market given some correction ahead, So we can follow selling strategy. We may see rise for that it will be good to sell Nifty future below 9600 for the target of 9550-9520 with SL of 9650.

BANKNIFTY

Last trading session BANKNIFTY Future show underperfomed and ended with bearish candlestick in daily chart, So we can expect if break previous day low we can seen some correction ahead, So we advise you to sell below 23400 for the target of 23300-23200 with SL of 23550 .

BANKINDIA FUTURE

BANKINDIA Future show under pressure during the Day and break support level in daily chart and ended with bearish candlestick in daily chart, And since last session it rose with rising OI in short side, So if stock break previous day closing level we may see sharp downfall ahead . It will good to sell below 137.50 for the target of 135-132 with SL of 140.

DLF FUTURE

Last trading session DLF future given positive performance and sustain at higher level in negative market and cross resistance level and ended with bullish candlestick in daily chart. And since last session it rose with rising OI in long side ,So if stock cross previous day high we may see sharp upside ahead, For that it will good to buy above 186 for the target of 190-195 with SL of 182.

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