Epic Research Daily Equity Report Of 01 September 2017


This time Nifty has closed above 9900 so we can expect Bullish Rally for its upside movement, during last trading session due to lot of profit booking Nifty was range bound but still it is 9935 is the level which is acting as a resistance level , beyond which has a bullish rally so we recommend is to Buy Nifty Future 9935 tgt 9990 –10050 with SL of 9870 .


Yesterday trading session Bank Nifty Future closed in positive note still its moving in range of 24354 to 24207. We can see slowly its moving towards the 24384 level so expectation for upward rally above it remains, so we recommend is to BUY NIFTYBANK future above 24400 for the Target of 24450-24500 with a SL of 24330.


RELCAP Future is showing good bullish rally for good profit making opportunity for the traders , ealier the 801 level was acting as a Resistance for this stock but it has closed above at the level of 806 so the another Resistance level which is acting as a hurle for its upside movement is the high of 813 on 8Aug 2017. So we recommend is to BUY RELCAP future above 813 Target 825-835 with of SL 800.


From the its clear that RELIANCE INDUSTRIES is fully prepared to break its range of 1558 to 1605, today we can expect that it will break the level of 1605 since it ready to break its 1week consolidation with good support from Energy Sector so we recommend is to BUY RELIANCE future above 1606 for the Target of 1625-1650 with a SL of 1580 .

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