Epic Research Daily Equity Report Of 12 September 2017

NIFTY

Last trading session NIFTYFUTURE crossed 10000 level by breaking 1 week consolidation for which investor were eagerly waiting still NIFTY50 stocks faced some selling pressure on Monday but today we expect that there would be good profit making opportunity so we recommend to BUY NIFTYFUTURE AROUND 10010-10030 TGT 10040-10060 SL BELOW 9980.

BANKNIFTY

Last trading session BANK NIFTY was supported majorly by uptrend of INDUSINDBANK (5% ),YESBANK (3%) and HDFCBANK (1%), it has also breaked its range and can provide good profit making opportunity so we recommend to BUY BANK NIFTY FUTURE AROUND 24600 TGT 24700-24800 SL BELOW 24480.

ARVIND FUTURE

Looking at the daily chart of the ARVINDFuture its clear that this stock is facing a resistance at its upper level ie., its 52 weeks also at its top it has made a reversal candle which is a formation of a spinning top so we recommend to SELL ARVIND FUTURE AROUND 415 TGT 410-406 WITH SL ABOVE 420.

JUSTDIAL FUTURE

From the Daily chart its clear that JUSTDIAL FUTURE is continuosly facing a support at its base level of 378-376 there yesterday trading session this stock rebounded many times from its support level of 378, today if market supports then it would provide us good buying opportunity so we recommend to BUY JUSTDIAL FUTURE AROUND 376-374 TGT 380-384 SL BELOW 370.

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