09/02/2015

NIFTY FUTURE
TOP GAINERS:
CAIRN BY

Date and Time 09-02-15

3.00%

Call: SHORT

HDFC BY

CMP: 86.62
Initiation Level: 8700

2.92%

Book Profit (Level 1):

NMDC BY

8650

1.88%

Book Profit (Level 2):

SSLT BY

8500

1.66%

Stop Loss: 8800

Conviction Level;

INFY BY

moderate risk

1.56%

Reason: CORRECTION
Short term Trend:
CORRECTION
Medium Term Trend:
UP
For the investor: LONG
IN DEEP

TOP LOSERS:
DLF BY

For Aggressive Traders:

SELL ON RISE
Support: 8600-8350

5.25%

Resistance- 9030.
TATAMOTORS BY
4.96%

Duration: 1-2 Days

BHEL BY
4.70%
JINDALSTEL BY
3.28%
TATASTEEL BY
3.20%

Technical commentary
Today nifty ware opens at 8702, and nifty took immediate high of 8724.25, then it has down to 8663, after
short covers made a day low of 8646.80, close at 8665.20. Nifty index advances 15, declines 35. NSE
advances 248 declines 930, unchanged 19.so, recommendation for nifty to short for 8500, in short-term.
Indicators MADC and RSI are slept from over bought zone in daily charts.
Basis on indicators and pattern it should short for 8500-8400.
So recommendation for nifty to short for 8700, 8500 sl 8800.

BNAK NIFTY FUTURE

TOP GAINERS:
FEDRALBANK BY

Date and Time 09-02-15

2.66%

Stock: BANKNIFTY

YESBANK BY

Call: SHORT
Initiation Level: 18800

0.64%

Book Profit (Level 1):

SBIN BY

18700

0.14%

Book Profit (Level 2):

18500
Stop Loss: 19100.
Conviction Level:
moderate risk
Reason: consolidate.

TOP LOSERS:

Short term Trend:

CANBANK BY

CORRECTIVE

3.53%

Medium Term Trend: UP

INDUSINDBANK BY

For the Investor: LONG IN

2.69%

DEEP.

HDFCBANK BY

For Aggressive Traders:

2.36%

SELL ON RISE.

KOTAKBANK BY

Support: 18500-18000

1.78%

Duration: 1-2 Days

ICICIBANK BY
1.76%

Technical commentary
Today Bank nifty ware opens at 19126. Then bank nifty took high of 19210,than bank nifty ware down to
18825.25.after this bank nifty are consolidate in the range of 18850-19150, close at 18879.50In Bank
Nifty index advances 3, declines 9.So, recommendation for bank nifty to short for 18500, in short-term.
There is RSI cross over on simple moving average-11(61) MACD-231.8, 41.75, is overbought zone.
Basis on indicators and pattern it should move in the range of 18500-18000.
So recommendation for Bank nifty to short for 18500 sl .19100.

STOCKS RECOMMENDATION FOR TOMORROW

1) CV CASH CALL: BUY CAIRN ABOVE 254 TGT 262 SL 250.

2) CV CASH CALL: BUY HDIL ABOVE 115 TGT 120 SL 111.
3) CV CASH CALL: BUY ITC ABOVE 373 TGT 385 SL 365.
4) CV CASH CALL: BUY DABUR ABOVE 270 TGT 280 SL 265.

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