28/04/2015

NIFTY FUTURE
TOP GAINERS:

Date and Time 28-04-15

MARUTI SUZUKI BY

Call: SHORT

3.02%

CMP: 8212.00
Initiation Level:

VEDANTA BY
2.49 %
WIPRO BY
2.03%

8210.00
Book Profit (Level 1):
8100

Book Profit (Level 2):

8000

IDEA CELLULAR BY
1.73%

Stop Loss: 8350

Conviction Level;

PNB BY

moderate risk

1.30%

Reason:
Break the neckline of head
and shoulder and 200 SMA

Short term Trend:

RECOVERY
Medium Term Trend:
DOWN
For the investor: LONG
IN DEEP
TOP LOSERS:
BPCL BY
6.18%
CAIRN INDIA BY

For Aggressive Traders:

SELL ON RISE
Support: 8000-7800
Resistance- 8350-8550

4.66%
ASIAN PAINTS BY
3.44%
BHEL BY
3.29%
SBI BY
3.08%

Duration: 1-3 Days

Technical commentary
Nifty had opened at 8340 and go down up to 8211 due to rising currency and high selling, nifty has broken
neckline of head and shoulder and has closed down below 200. So we can take a short position from here
for the targets of 8000-7800 stop loss would be 8350.

BNAK NIFTY FUTURE

TOP GAINERS:
CANARA BANK BY

Date and Time 28-04-15

1.61%

Stock: BANKNIFTY

PNB BY

Call: SHORT
Initiation Level: 17710

1.30 %

Book Profit (Level 1):

BANK OF INDIA BY

17500

0.29%

Book Profit (Level 2):

17300
Stop Loss: 18000.
Reason: BEARISH
CLOSING
Short term Trend: UP
Medium Term Trend:
DOWN

TOP LOSERS:

For the Investor: LONG IN

DEEP.

SBI BY
3.08%
FEDREAL BANK BY

For Aggressive Traders:

SELL ON RISE.
Support: 17500-17000

2.93%
KOTAK MAHINDRA BY

Duration: 1-3Days

2.29%
ICICI BANK BY
1.93%
BANK OF BARODA BY
1.89%

Technical commentary
Bank nifty has closed with a bearish note with same low and almost same closing point, and bank nifty is
going to break the 200 SMA, high selling in bank stocks and bad quarterly results are forcing bank nifty for
selling pressure so we can take a short position in bank nifty for the targets of 17300-17500 with the stop
loss of 18000 that is also a psychological level.

STOCKS RECOMMENDATION FOR TOMORROW

1) CV CASH CALL: BUY BHARATFORGE ABOVE 1200 TGT 1300 SL1100.

2) CV CASH CALL: BUY INFOSYS ABOVE 2000 TGT 2200 SL 1950.
www.capvision.co.in

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