21/07/2015

NIFTY FUTURE
TOP GAINERS:
ULTRATECH BY

Date and Time21-07-15

4.04%

Call: LONG

ASIAN PAINTS BY
3.26%

CMP: 8610
Initiation Level: 8653
Book Profit (Level 1):

BPCL BY

8700

2.53%

Book Profit (Level 2):

8750

HINDALCO BY
2.05%
GRASIM BY
1.95%

Stop Loss: 8550

Conviction Level;
moderate risk
Reason:
INVERTED HEAD AND
SHOULDER

Short term Trend:

CORRECTION
Medium Term Trend:
DOWN
For the investor: SELL
ON HIGH
For Aggressive Traders:
TOP LOSERS:
PNB BY
2.42%
BANK OF BARODA BY
2.11%
ACC BY
2.08%
CAIRN INDIA BY
1.90%
TATA POWER BY
1.84%

SELL ON RISE AND BUY

ON DEEP
Support: 8570-8500
Resistance- 8720-8800
Duration: 1-3 Days

Technical commentary
Nifty is creating inverted head and shoulder as we can see in the chart; its neck line was at 8560 and nifty has
broken that now it is looking good up to 8800, so buy nifty at CMP for above mentioned targets.

BANK NIFTY FUTURE

TOP GAINERS:
INDUSIND BANK BY

Date and Time 21-07-15

1.24%

Stock: BANKNIFTY

KOTAK MAHINDRA BY
0.47%

Call LONG
Initiation Level: 19200
Book Profit (Level 1):

HDFC BANK BY

19300

0.42%

Book Profit (Level 2):

19400
Stop Loss: 19000.
Reason: Resistance has
been broken and a positive
closing
Short term Trend:
recovery
Medium Term Trend:
DOWN
For the Investor: SELL ON

TOP LOSERS:

HIGH

FEDERAL BANK BY

For Aggressive Traders:

6.73%

SELL ON RISE AND BUY ON

BANK OF INDIA BY

DIPS

3.24%

Support: 18800-19000

CANARA BANK BY

Duration: 1-3Days

2.99%
PNB BY
2.42%

Technical commentary

BANK OF BARODA BY
2.11%

Bank nifty had a strong resistance at 18970-18980; it has taken resistance 8-9 times in the past and bank
nifty has broken that resistance and has given a positive closing that is a very good sign for buy, so buy it
from current level.

STOCKS RECOMMENDATION FOR TOMORROW

1) CV CASH CALL: SELL DLF BELOW 108 TGT 103 SL 112.

2) CV CASH CALL: BUY PFC ABOVE 268.50 TGT 273 SL 265

www.capvision.co.in

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