Professional Documents
Culture Documents
NIFTY FUTURE
TOP GAINERS:
BPCL BY
Call: SHORT
1.82%
CMP: 8342.00
Initiation Level: 8328
BHARTI AIRTEL BY
1.18%
8290
ULTRATECH BY
1.08%
8200
NMDC BY
0.80%
moderate risk
AMBUJA CEMENT BY
Reason: CORRECTION
0.52%
TOP LOSERS:
Resistance- 8450
HDFC BY
5.23%
PNB BY
4.73%
WIPRO BY
4.42%
SESA STERLITE BY
4.32%
Technical commentary
Today nifty was open gap down at 8489.50, and for whole day it was in down phase due to rising crude
prices and falling rupee, today was the expiry for March contracts as well and it was a negative month for
nifty and nifty had been fallen 3.9% in whole month.
SBI BY
3.30%
In technical indicators MACD and RSI both are showing nifty will be down for next day and in daily chart there
is a trend line if it will break down then nifty will go up to 8000-7900, so there will be a strong support on
8300 in short term. And resistance will be near 8500.
Conviction Level:
PNB BY
moderate risk
4.73%
SBI BY
Reason: DOWN.
Short term Trend: DOWN
3.30%
AXIS BANK BY
3.18%
BANK OF BARODA BY
DEEP.
2.92%
ICICI BY
SELL ON RISE.
2.82%
Support: 17600-17400
Duration: 1-2 Days
Technical commentary
Today Bank nifty was open down at 18190, and for whole day it was in down phase due to rising crude
prices and falling rupee, today was the expiry for March contracts as well and it was a negative month.
Support levels- 17600, 17200
Resistance levels- 18000, 18200
1) CV CASH CALL: BUY ADANI ENTERPRISES ABOVE 607 TGT 617 SL 600.
2) CV CASH CALL: BUY AMBUJA CEMENTS ABOVE 252 TGT 257 SL 248.
www.capvision.co.in
DISCLAIMER
The information and views in this report, our website & all the service we provide are believed to
be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion.
Users have the right to choose the product/s that suits them the most. Sincere efforts have been
made to present the right investment perspective. The information contained herein is based on
analysis and up on sources that we consider reliable.
Entering our site means that you have read, understood and agreed to everything that is written and implied in this
disclaimer note. RESEARCH is published solely for informational purposes and must in no way be construed as investment
advice for a specific individual. The information and views in this website & all the services we provide are believed to be
reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the
product/s that suits them the most.