Epic Research Daily Equity Report Of 07 July 2017

NIFTY

Last trading session NIFTY Future close near day’s high bullish candlestick in daily chart, also broader markets ended on positive note, So we can follow buy on decline strategy. We may see rise for that it will be good to buy Nifty future around 9630-9640 for the target of 9700-9750 with SL of 9575 .

BANKNIFTY

Last trading session BANKNIFTY Future close with bullish candle in daily chart ,last session banknifty future made a high of 23570,but second half of market show profit booking at higher level. So we can expect if cross previous day high we can seen sharp run up ahead, So we advise you to buy above 23570 for the target of 23700-23900 with SL of 23400 .

ICICIBANK FUTURE

Looking at the daily chart of the ICICIBANK Future it has been clearly seen that the stock is bullish which it has respect major resis- tance level and ended near this level, So Buying Future above 296.50 can be done for the targets of 299-303 with a stop loss of 290 .

JETAIRWAYS FUTURE

Last trading session JETAIRWAYS future cross major resistance level and ended above this 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 around 590- 592 for the target of 598-605 with SL of 585 .

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