daily equity report 08-01-2015

8/10/2019 Daily Equity Report 08-01-2015

http://slidepdf.com/reader/full/daily-equity-report-08-01-2015 1/5

08/01/2015



Date and Time 08-01-15

Call: SHORT

CMP: 8155.5

Initiation Level: 8150

Book Profit (Level 1):

8100


8000

Stop Loss: 8250

Conviction Level;

moderate risk

Reason: CORRECTION

Short term Trend:

DOWN

Medium Term Trend:

consolidation

For the Traders: SHORT

For Aggressive Traders:

SELL ON RISE

Support: 8050-7800

Resistance-8450

Duration: 1-2 Days

NIFTY FUTURETOP GAINERS:

HINDUNILVR BY

3.20%

NTPC BY

2.69%

RELIANCE BY

2.62%

ASIANPAINTS BY

2.19%

POWERGRID BY

1.99%

TOP LOSERS:

HINDALCO BY

2.93%

NMDC BY

2.82%

BHEL BY

2.40%

HCLTECH BY

2.35%

GAIL BY

2.25%

Technical commentary

Today nifty ware opens at 8133.20 then took immediate high of 8151.15, then nifty crashed to 8265.70,

after this nifty ware range bound 8150-8080,close at 8118.55, Nifty index advances 22, declines

27.unchange 1.nse advances 505, declines 679, unchanged 42.

Indicators MADC and RSI are show breakout in daily charts, so nifty should trade for 8000.

Basis on indicators and pattern it should short for 8100-8000.



TOP GAINERS:

KOTAKBANK BY

1.72%

BANKBARODA BY

0.90%

FEDRALBANK BY

0.82%

SBIN BY

0.50%

AXISBANK BY

0.39%

TOP LOSERS:

ICICIBANK BY

2.06%

YESBANK BY

1.69%

BANKINDIA BY

1.08%

PNB BY

1.08%

INDUSINDBANK BY

0.66%

BNAK NIFTY FUTURE

Date and Time 08-01-15

Stock: BANKNIFTY

Call: SHORTInitiation Level: 18300


18100


17800

Stop Loss: 18600

Conviction Level:

moderate risk

Reason: consolidate.

Short term Trend: DOWN

Medium Term Trend:

consolidation

For the Traders: LONG

For Aggressive Traders:

SHORT

Support: 17750-17000

Duration: 1-2 Days

Technical commentary

Today Bank nifty ware opens at 18475 then took high of 18592, then Bank nifty down to 18306, after this

Bank nifty ware range bound 18500-18350, close at 18470, Bank Nifty index advances 7, declines 5.So,

recommendation for bank nifty to short for 18000, In short-term.

Moving average cross over on RSI and MACD also show sells.

Basis on indicators and pattern it should move in the range of18500-18000.

So recommendation for Bank nifty to short for 18000 sl .18800.



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 beenmade 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.

*Investment is subject to market risks.

Sincere efforts have been made to present the right investment perspective. The information

contained herein is based on analysis and on sources that we consider reliable. We, however, do

not vouch for the accuracy or the completeness thereof. This material is for personal information

and we are not responsible for any loss incurred due to it & take no responsibility whatsoever forany financial profits or loss which may arise from the recommendations above.

daily equity report 08-01-2015

Documents