Epic Research Daily Equity Report Of 25 May 2017
Last trading session NIFTY Future given negative performance and ended near 9350 with bearish candlestick in daily chart, fir the cause of Border tension and also benchmark indices ended on negative side also midcaps index closed on a negative note, So it’s may be market some correct ahead, So we can follow sell on rise strategy. We may see rise for that it will be good to sell around 9410- 9420 for the target of 9350–9300 with SL of 9450.
Last trading session BANKNIFTY Future given negative return and correct around 200 points at higher level and ended with bearish candlestick in daily chart, So we can expect if cross previous day low more downside ahead, So we advise you to sell around 22640–22660 for the target of 22500–22300 with SL of 22750.
Last trading session SBIN future given underperformance in daily chart and break strong support level and close below this level with bearish candlestick in daily chart. So if future break yesterday low ,We may see sharp downfall ahead for that it will be good to Sell around 286–287 for the target of 281–275 with SL of 292.
Last trading session ADANIPORT future given positive performance And ended near 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 above 344 for the target of 348–352 with SL of 337.
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