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Daily Nifty and Bank Nifty Report

The equity report provides a negative outlook for the Nifty and Bank Nifty indices in India. The Nifty closed down 143 points at 5542 due to the rupee reaching an all-time low against the dollar. Further declines in the rupee and potential increases to credit rates are expected to lead to additional declines in the indices. Strategies recommend selling the Nifty below 5550 and the Bank Nifty below 9670.

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0% found this document useful (0 votes)
5 views7 pages

Daily Nifty and Bank Nifty Report

The equity report provides a negative outlook for the Nifty and Bank Nifty indices in India. The Nifty closed down 143 points at 5542 due to the rupee reaching an all-time low against the dollar. Further declines in the rupee and potential increases to credit rates are expected to lead to additional declines in the indices. Strategies recommend selling the Nifty below 5550 and the Bank Nifty below 9670.

Uploaded by

api-223141896
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

CAPITAL PARAMOUNT

DAILY

EQUITY REPORT

7/08/13 33

NIFTY OUTLOOK

NIFTY DOWN: -143.15POINTS CHANGE: -2.52% CLOSES AT: 5542.25 NIFTY CLOSED DOWN 143 POINTS DUE TO RUPEES ALL TIME LOW 61.80 .TO CONTROL RUPEE FUTHER DOWNFALL GOVT. CAN TAKE STRICT DECISION AGAINST CREDIT [Link] FUTHER DOWN FALL OF NIFTY IS EXPECTED. STRATEGY FOR NIFTY IS TO SELL BELOW 5550 WITH STOPLOSS OF 5600 AND BOOK PROFIT AROUND 5480.

BANK NIFTY
OUTLOOK

BANK NIFTY DOWN: -391.80 POINTS PERCENTAGE: -3.88% CLOSES AT: 9703

BANK NIFTY DOWN 391 [Link] TO ALL TIME LOW RUPEE SIGNALS THAT RBI MAY TAKE STRICT DECISION TO CONTROL RUPEES FUTHER DOWN [Link] TO FEAR OF TUFF CREDIT POLICY BANK NIFTY IS EXPECTED FUTHER DOWN FALL.

STRATEGY FOR BANK NIFTY IS TO SELL BELOW 9670 AND TO BOOK PROFIT AROUND 9450 WITH SL OF 9780.

.[Link]

+91 777 2000 777

GLOBALMARKETS
DJIA 15612 -46.23 NASDAQ 3692.95 3.36 FTSE 6612.77

-6.81

S&P 500 1707.14

HANG SANG 21923.70

CAC 4057.75

-2.53

-298.31

7.78

FOLLOW US ON FACEBOOK

GET LATEST UPDATE @ [Link]/[Link]

NEWSAT GLANCE
RUPPE MADE ALL TIME LOW OF 61.80 AGAINST DOLLAR. INR FALL ON GLOBAL DOMESTIC FACTORS HIGH CAD: FM. RAGHURAMN RAJAN APPOINTED 23RD RBI GOVERNOR. GOVT BAN E-SERIES CONTRACTS AT NSEL. CROMPTON GREAVES Q1NET DROP 30% AT RS 60 CR ON POWER WOES.

Support and Resistance

NIFTY KEY LEVELS


5600
Pivot point

5518
Support 1

5461
Support2

5660
Resistance1

5745
Resistance2

Nifty Technical

RSI : +30 MACD :-50 200EMA : 5800 CANDELISTIC : RED BEARISH TREND : DOWN OUTLOOK : NEGATIVE

Outloook

DAILY PICK
FUTURE
SCRIP
HAVELLS ADANIENT BIOCON

BUY/SELL
BUY BUY SELL

@
600 166 318

TRGT
617 172 313

STOPLOSS
590 162 321

CASH
SCRIP
IDBI ITC HCL TECH

BUY/SELL
SELL BUY BUY

@
56.50 329 950

TRGT
54.40 335 968

STOPLOSS
57.80 325 938

Mo. +91 777 2000 777


[Link]

F&O SCRIP IN BAN


HDIL

TWEET US:
[Link]/CAPITALPARAMOUN

Join us:

OPTION STRATEGY

SCRIP

LOT
250

BUY/SELL

CALL/PUT

STRIKE PRICE

RATE

ICICI BANK

BUY

PUT

840

28.30

TREND=>DOWN STRATEGY=> BUY PUT CMP=863.90 RISK=>775 REWARD=>UNLIMITED

PUTCALLRATIO=> OPEN INEREST=>

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