Press release
EPIC RESEARCH : - Daily Equity Report Of 16 March 2016
NIFTY DAILY TECHNICAL LEVELSNIFTY
Nifty in yesterday trading session as expected took resistance around 7550 and came down around 80 points, though the movement in the market was very monotonous. For tomorrow again we see Nifty downside, so we advise you to sell Nifty from around 7490 for the targets of 7410 and 7300 with strict stop loss of 7600.
BANKNIFTY
Banknifty in last trading session volatile in small range with comparatively a slow movement. Since it has a strong resistance around 15480 we see it downside, so advise you to sell banknifty from around 15400 for the targets of 15300 and 15200 with strict stop loss of 15700.
STOCKS DAILY TECHNICAL LEVELS
ENGINERSIND FUTURE
ENGINERSIND Future is near to last one week support of 160. in last session it consolidate in range of 162-160 since the market taken reversal from resistance of 7600 for that we can see more weakness in upcoming days so sell it below 160 for target of 158 155.50 with stop loss of 162.
ADANIPORTS FUTURE
ADANIPORTS faced profit booking near breakout level of 233 before last session it cross these level but it finished with doji candle in last session it breached around 1.50% which is confirmation of trend reversal so we advise to sell it around 231-232 with strict stop loss of 235 for target of 228 225.
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Epic Research Private Limited is awarded with the Service Excellence Award in the financial services sector for providing consultation regarding Capital Stock Market of India and other global markets
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SMS EPIC to 56363 Or visit our site https://www.epicresearch.co/ or Or mail us here: info@epicresearch.co
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After opening with a gap up NIFTY in yesterday trading session remained range bound to bearish. It moved around 60 points in whole session and closed with a negative candlestick. Nifty has a good resistance 7560 and it is respecting that. So we advise you to go short in Nifty from 7550-7565 for the targets of 7460 and 7300 with strict stop loss around 7700.
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EPIC RESEARCH : - Daily Equity Report Of 14 March 2016
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