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Epic Research Daily Equity Report Of 16 June 2017

06-16-2017 10:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Epic Research

NIFTY

Last trading session NIFTY Future ended with bearish candlestick in daily chart, after FED rete hike, also midcap index ended on lower side, So we can follow selling strategy. We may see rise for that it will be good to sell Nifty future around 9660-9665 for the tar- get of 9600-9550 with SL of 9700 .

BANKNIFTY

Last trading session BANKNIFTY Future ended on negative side with bearish candlestick in daily chart, So we can expect if cross previous day low we can seen some correction ahead, So we advise you to sell around 23460-23500 for the target of 23310-23100 with SL of 23600 .

VOLTAS FUTURE

Last trading session VOLTAS future good bounce back at lower level and close near upper trend line with bullish candlestick in daily chart. It has made strong long position and open interest has increased in long side, We expect the addition of long positions to eventu- ally go to upside ahead. So we advise you to Buy above 499 for the target of 503-508 with SL of 492 .

BAJFINANCE FUTURE

Last trading session BAJFINANCE future given positive performance And ended above resistance 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 1385-1390 for the target of 1410-1430 with SL of 1370.

Epic Research Limited is a supreme level financial advisory services provider firm .We have designed services for different investors as per their needs like equity tips , ncdex tips, stock tips, gold and silver tips and many more to serve our clients. We offer regular services for investors with less capital and premium services for massive investors looking for higher returns on investments with bigger targets.

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