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    Wednesday, 18 January 2017

    Daily Equity Report Of 19th JANUARY 2017

    http://www.epicresearch.co/commodity-tips/mcx

    NIFTY DAILY TECHNICAL LEVELS

    NIFTY

    NIFTY in yesterday trading session moved around 60 points and closed with almost a doji candlestcik . The index has a resistance of Fibonacci’s 50% and respecting that it turned back form there yesterday. For now we advise you to sell nifty from around 8440-8420
    for the targets of 8370 and 8300 with strict stop loss of 8500 .

    BANKNIFTY

    BANKNIFTY in yesterday trading session moved around 200 points and closed with a green candlestcik . The index has a strong resistance of Fibonacci’s 61.8% and respecting that it turned back form there yesterday. For now we advise you to sell Banknifty from around 19200 for the targets of 19100 and 19000 with strict stop loss of 19350.

    STOCKS DAILY TECHNICAL LEVELS

    BATAINDIA FUTURE

    BATAINDIA Future show under pressure during the Day and ended near day’s low with bearish candlestick in daily chart, And since last session it rose with rising OI in short side, So if stock break previous day low we may see sharp downfall ahead . It will good to sell
    below 465 for the target of 460-450 with SL of 473.
     http://www.epic-research.co
    TATATMOTRS FUTURE

    Last trading session TATAMOTORS future show positive strength and made a high of 530 it’s strong resistance level but not sustain this level and ended near mildly bullish candle in daily chart. So if future cross yesterday high .We may see sharp rise for that it will be
    good to buy above 530 for the target of 535-545 with SL of 524.

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