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2 July 2015
CMP :
Action :
Targets :
Stop-loss :
Comment :
4023.7
SELL JUL FUT
3940/3900
4070
Intraday-30 min chart indicates that the
stock has formed the head and
shoulder pattern and gave the
breakdown of the neckline i.e. 4024
levels with decent volume indicates
cautious sign. Momentum indicators
such as RSI and MACD is showing
downward movement indicates some
weakness.
Sr. Technical Analyst Name
Vikas Salunkhe
Contact:- 022-39268254
Vikas.salunkhe@nirmalbang.com
MARUTI DAILY CHART
Duration : 2-3 DAYS
COMPANY NAME GRAPH NAME
Disclaimer:
Nirmal Bang Securities Private Limited (hereinafter referred to as “NBSPL ”)is a registered Member of National Stock
Exchange of India Limited, Bombay Stock Exchange Limited and MCX stock Exchange Limited. NBSPL is in the
process of making an application with SEBI for registering as a Research Entity in terms of SEBI (Research Analyst)
Regulations, 2014.NBSPL or its associates including its relatives/analyst do not hold any financial interest/beneficial
ownership of more than 1% in the company covered by Analyst (in case any financial interest is held kindly
disclose)NBSPL or its associates/analyst has not received any compensation from the company covered by Analyst
during the past twelve months. NBSPL /analyst has not served as an officer, director or employee of company covered
by Analyst and has not been engaged in market making activity of the company covered by Analyst. The views
expressed are based solely on information available publicly and believed to be true. Investors are advised to
independently evaluate the market conditions/risks involved before making any investment decision .
Nirmal Bang Research (Division of Nirmal Bang Securities Pvt LTD)
B-2, 301/302, Marathon Innova,
opp. Peninsula Corporate Park
Off Ganpatrao Kadam Marg
Lower Parel(W), Mumbai-400013
Board No. : 91 22 3926 8000/8001
Fax. : 022 3926 8010

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Nirmalbang maruti 02_july_2015

  • 1. 2 July 2015 CMP : Action : Targets : Stop-loss : Comment : 4023.7 SELL JUL FUT 3940/3900 4070 Intraday-30 min chart indicates that the stock has formed the head and shoulder pattern and gave the breakdown of the neckline i.e. 4024 levels with decent volume indicates cautious sign. Momentum indicators such as RSI and MACD is showing downward movement indicates some weakness. Sr. Technical Analyst Name Vikas Salunkhe Contact:- 022-39268254 Vikas.salunkhe@nirmalbang.com MARUTI DAILY CHART Duration : 2-3 DAYS
  • 2. COMPANY NAME GRAPH NAME Disclaimer: Nirmal Bang Securities Private Limited (hereinafter referred to as “NBSPL ”)is a registered Member of National Stock Exchange of India Limited, Bombay Stock Exchange Limited and MCX stock Exchange Limited. NBSPL is in the process of making an application with SEBI for registering as a Research Entity in terms of SEBI (Research Analyst) Regulations, 2014.NBSPL or its associates including its relatives/analyst do not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst (in case any financial interest is held kindly disclose)NBSPL or its associates/analyst has not received any compensation from the company covered by Analyst during the past twelve months. NBSPL /analyst has not served as an officer, director or employee of company covered by Analyst and has not been engaged in market making activity of the company covered by Analyst. The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision . Nirmal Bang Research (Division of Nirmal Bang Securities Pvt LTD) B-2, 301/302, Marathon Innova, opp. Peninsula Corporate Park Off Ganpatrao Kadam Marg Lower Parel(W), Mumbai-400013 Board No. : 91 22 3926 8000/8001 Fax. : 022 3926 8010