The document provides a technical analysis and recommendations for the Nifty Futures index and Bank Nifty Futures index for the next 1-2 days. It recommends shorting both indices on rises to specific levels, with book profit targets and stop loss levels indicated. Key support and resistance levels are also mentioned. Specific stock recommendations are provided to buy three stocks.

1. 19/12/2014

2. Date and Time 18-12-14
Call: SHORT
CMP: 8159.3
Initiation Level: 8180
Book Profit (Level 1):
8100
Book Profit (Level 2):
8000
Stop Loss: 8300
Conviction Level;
moderate risk
Reason: CORRECTION
Short term Trend:
DOWN
Medium Term Trend:
consolidation
For the Traders: SHORT
For Aggressive Traders:
SELL
Support: 8050-7800
Resistance-8350
Duration: 1-2 Days
NIFTY FUTURETOP GAINERS:
JINDALSTEL BY
6.90%
GAIL BY
4.76%
HINDALCO BY
4.69%
BHEL BY
4.57%
PNB BY
4.33%
TOP LOSERS:
DR.REDDY BY
0.99%
GRASIM BY
0.53%
HINDUNILVR BY
0.06%
SUNPHARMABY
0.01%
HDFC BY
0.01%
Technical commentary
Today nifty ware gap up opens at 8126.45, after consolidation took a low of 8084.95 then nifty upward to
take support of 8100, close at 8159.30.Nifty advances 1075, declines 131 unchanged 23.
Indicators MADC and RSI are down form over bought zone so nifty should short on rise to 8000.
Basis on indicators and pattern it should correct till range 8100-7800.
So recommendation for nifty to sell on rise to 8180, 8000 sl 8300.

3. TOP GAINERS:
CANBANK BY
6.99%
YESBANK BY
5.48%
BANKBARODA BY
5.12%
ICICIBANK BY
4.35%
PNB BY
4.17%
BNAK NIFTY FUTURE
Date and Time 18-12-14
Stock: BANKNIFTY
Call: SHORT
Initiation Level: 18500
Book Profit (Level 1):
18000
Book Profit (Level 2):
17500
Stop Loss: 18800
Conviction Level:
moderate risk
Reason: consolidate.
Short term Trend: up
Medium Term Trend:
consolidation
For the Traders: SHORT
For Aggressive Traders:
SELL
Support: 17750-17000
Duration:1-2 Days
Technical commentary
Today Bank nifty ware gap up opens at 18349.9 then took support of previous high, continual upward, close
at18424. Today in bank nifty all bank are positive.
Indicators MADC and RSI are in over bought zone so Bank nifty should short on rise to 18000.
Basis on indicators and pattern it should correct till range 17500-17000.
So recommendation for Bank nifty to SELL on rise to 18500-18000 sl .18800.

4. STOCKS RECOMMENDATION FOR TOMORROW
1) - CV CASH CALL: BUY CANBANK ABOVE 436 TGT 445 SL 428
2)-CV CASH CALL: BUY COALINDIA ABOVE 372 TGT 380 SL 365
3)- CV CASH CALL: BUY SUNTV ABOVE 360 TGT 368 SL 350

5. 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.