05/01/2015

TOP GAINERS:

NIFTY FUTURE

HDFC BY
4.19%

Date and Time 05-01-15

JINDALSTEL BY

Call: LONG
CMP: 8468
Initiation Level: 8450
Book Profit (Level 1):

3.70%
ASIANPAINTS BY
3.59%

8500

ICICIBANK BY

Book Profit (Level 2):

3.04%
TATAMOTORS BY
3.02%

8600
Stop Loss: 8300
Conviction Level;
moderate risk
Reason: CORRECTION

TOP LOSERS:
BPCL BY
1.14%
MM BY
1.10%
NMDC BY
0.57%

Short term Trend:

DOWN
Medium Term Trend:
consolidation
For the Traders: LONG
For Aggressive Traders:
LONG
Support: 8050-7800
Resistance-8450
Duration: 1-2 Days

RELIANCE BY
0.33%
BAJAJAUTO BY
0.25%

Technical commentary
Today nifty ware up and opens at 8298.95, and took high of 8406.10, whole day nifty ware upward and
correct a little bit., close at8405. Nifty index advances 43, declines 7.nse advances 823, declines 391,
unchanged 24.
Indicators MADC and RSI are show breakout in daily charts, so nifty should trade for 8500.
Basis on indicators and pattern it should long for 8450-8500.
So recommendation for nifty to long to 8450, 8550 sl 8300.

TOP GAINERS:

BNAK NIFTY FUTURE

ICICIBANK BY
3.04%

Date and Time 05-01-15

YESBANK BY

Stock: BANKNIFTY
Call: LONG
Initiation Level: 19200
Book Profit (Level 1):
19400

2.88%
AXISBANK BY
2.29%
HDFCBANK BY
1.68%
KOTAKBANK BY
1.54%

Book Profit (Level 2):

19700
Stop Loss: 18800
Conviction Level:
moderate risk
Reason: consolidate.
Short term Trend: up

TOP LOSERS:
CANBANK BY
0.50%

Medium Term Trend:

consolidation
For the Traders: LONG
For Aggressive Traders:

FEDRALBANK BY

LONG

0.22%

Support: 17750-17000
Duration: 1-2 Days

Technical commentary
Today Bank nifty ware up and opens at 18940, and took high of 19284 , today bank nifty ware made a new
high and trading o0n the 19000 level, close at 19245. Bank nifty advances 10 declines 2.so
recommendation for bank nifty to long from 19000 to 19500.
Indicators MADC and RSI are indicate to immediate rise on bank nifty.
Basis on indicators and pattern it should move to get another high in the till range 19000-19500.
So recommendation for Bank nifty to long for 19500 sl .18800.

STOCKS RECOMMENDATION FOR TOMORROW

1) - CV CASH CALL: BUY NHPC ABOVE 19 TGT 19.5 SL 18.8

2) - CV CASH CALL: BUY TATAPWR ABOVE 83.5 TGT 85 SL 82
3) - CV CASH CALL: BUY IDBI ABOVE 76.5 TGT 82 SL 72

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.

*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 for
any financial profits or loss which may arise from the recommendations above.