Epic Research: 15 April 2019 Special Report on the Stock Market by our Experts

EPIC RESEARCH : Special Report Of 15 April 2019

****** markets at a glance

The S&P 500 ended little changed on Thursday as growing anxiety over a ****** economic slowdown offset upbeat data and investors waited for earnings season to kick into high gear.The Dow Jones Industrial Average fell 14.11 points, or 0.05 percent, to 26,143.05, the S&P 500 closed flat at 2,888.32 and the Nasdaq Composite dropped 16.89 points, or 0.21 percent, to 7,947.36. Asian shares were flat and US Treasury yields pulled back on Friday as investor caution prevailed ahead of the release of first-quarter corporate earnings, although stronger US

economic data helped offset some concerns about ****** growth.MSCI’s broadest index of Asia-Pacific shares outside Japan was barely higher, up 0.03 percent. Higher Chinese iron ore prices helped Australian shares outpace regional markets, pushing Australia’s S&P/ASX 200 index up 0.7 percent.

Previous day Roundup

The benchmark indices ended higher on Friday with Nifty ended above 11,600 level.At close, the Sensex was up 160.10 points at 38767.11, while Nifty was up 46.80 points at 11,643.50. About 1355 shares have advanced, 1138 shares declined, and 153 shares are unchanged. Shares of IT major, Tata Consultancy Services (TCS) and Infosys ended flat ahead of their

March quarter earnings to be released later today.GAIL, ITC, Maruti Suzuki, Cipla and Zee

Entertainment were among major top gainers on the Nifty, while losers were Indiabulls Housing Finance, IOC, Bajaj Finance, L&T and Tata Motors.Among the sectors, auto and FMCG indices led the gainers with 1 percent gain followed by IT, pharma and bank.

RECOMMENDATIONS FUTURE

1. LUPIN [ FUTURE ]

LUPIN FUTURE — Stock is taken a support in the range of 700-730 & reversal from this level . Strong buying seen in this stock in last week & we may expect that it will be continue in next week . Our recommendation is to Buy stock future in the range 840-845 Target 860/890 Sl below 820.Stock is trading above its 50 & 100 DEMA .

2. DABUR[FUTURE]

DABUR — On weekly chart stock is taken a support of trendline & forming a green candle & in last week seen that fresh buying in FMCG stock . Our view on the technical basis is to buy stock future in range 400-405 Target 420-440 Sl below 380 . Stock is moving above all its important moving averages like 100 & 200 DEMA.

STOCK RECOMMENDATION CASH

INFY

INFOSYS — Stock is taking a support of trendline on weekly chart & also forming a Cup & Handle . Quarterly result of company is on April 12,2019. Our recommendation is to Buy Infosys 750 Target 755/760 maintain Sl below 740. Market expectation from company is high on revenue front as we compare with its peers like TCS , HCL Tech .

STOCKS IN NEWS

Info Edge: Company has invested through its wholly-owned subsidiary Rs 6 crore in Bizcrum Infotech Private Ltd.

Avenue Supermarts: Company raised Rs 50 crore via commercial papers.

Ashok Leyland: Promoter pledged 1.33 percent stake in the company.

NIFTY FUTURE

NIFTY -On weekly chart Nifty close with green candle,during this week nifty was traded in a

brode range of 235 points. first phase of election April 17,2019 . In last week FII infuse more than 6000 cr & selling by DII in cash Rs 435 cr, which was less as we compare to last week data . AfterOn Nifty we may Traded Open expect new all time high will see before starting analysis

Volume Interest of data suggest that 11500-11600 work as support & OI (Contracts)

addtion seen in 11700-11800 works as resistance . Our recommendation is to Buy Nifty 50 in the range 11450-11500 Target 11550/11600 SL below 11350.

COMMODITY ROUNDUP

Asia’s naphtha crack climbed for a second session on Thursday to $50.33 a tonne, while gasoline margin surged to more than a seven-month high of $8.81 a barrel on demand that resulted in a drawdown of stocks across regions.INVENTORIES: Singapore light distillates inventories, comprising mostly gasoline and blending components for petrol, dropped 7.2 percent or 1.144 million barrels to reach 14.734 million barrels in the week ended April 10, official data showed. O/SING1.This mirrored the fall in inventories in the United States where its gasoline stock levels dived 7.7 million barrels last week, Energy Information Administration (EIA) data. This was sharply lower versus expectations of a 2 million barrel drop in a Reuters poll of analysts. OTHER NEWS: BP (LON:BP) is the last of the international oil majors, including Royal Dutch Shell (LON:RDSa), Exxon Mobil (NYSE:XOM), ConocoPhillips (NYSE:COP) and ENI (MI:ENI), to quit exploring for shale gas in China because of poor drilling results. Its departure leaves the sector firmly in the hands of domestic companies.

To say Epic Research Limited delivers reliable trading advice for traders to fulfill their goals and return expectations is very true.

Every day we come to work for 2 different things: thorough research on market movements & deliver those calls timely to our clients help make their investment at the right place. It was absolutely true when we started our company in 2008 and it’s just as true today. We’re not just passionate purveyors of market research calls & advice but making trading a rewarding experience in all major segments which includes Stock Market News, Stock Market Live, Share Market News, Stock Market News Report, Live Stock Market News, intraday tips, share market tips, stock market tips etc.

Give a Missed call at 911-133-9000

walk into — 701-801, Atulya IT Park, Bhawarkua Main Rd, Indrapuri Colony Indore, India

Visit our site: http://www.epicresearch.co/

Or mail us here: info@epicresearch.co

Epic Research Limited counts as the top research providing firm all over India as well as other ****** markets. We can say that ‘Market Research’ is the soul of the organization and the trust builder for the client base. Our team having experienced researchers who offer updates on the sectors like – Stock Market News, Stock Market Live, Share Market News, Stock Market News Report, Live Stock Market News, intraday tips, share market tips, stock market tips, etc.

Find our offers and services by FREE TRIAL +91 731 6642300

give Missed call at 911 133 9000

walk into – 701-801, Atulya IT Park, Bhawarkua Main Rd, Indrapuri Colony Indore, India

SMS EPIC to 56363 Or visit our site http://www.epicresearch.co/

Or mail us here: info@epicresearch.co

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.