Capvision Investment Advisor’s Daily Recommendation For Equity Market 4-3-2015

Today nifty ware open at 8941.60, then nifty took high of 8969.45, then nifty move to diagonal way and took a life time high of 9008.25
By: Capvision Investment Advisor
 
INDORE, India - March 4, 2015 - PRLog -- MARKET WRAP FOR NIFTY & BANK NIFTY

Nifty:-

Today nifty ware open at 8941.60, then nifty took high of 8969.45, then nifty move to diagonal way and took a life time high of 9008.25, close at 8996.25.Nifty index advances 29, declines 21. NSE advances 773 declines 409, unchanged 34.so, and recommendation for nifty to long for 9200, in short-term. Indicators MADC and RSI are break out (RSI on Moving avg.) in daily charts. Basis on indicators and pattern it should long for 9000-9300.

So recommendation for nifty to long for 8850, 8900 sl 8750.

Bank Nifty:-

Today Bank nifty ware open at 20029.80. Then bank nifty ware consolidates in the range of 20000-20200, after took low of 19955, close at 20135. in bank nifty index advances 7, declines 5.So, long bank nifty for 20500, in short-term. There is RSI cross over on simple moving average-11(55.95) MACD line ware down from 0 levels (20.32). Basis on indicators and pattern it should move in the range of 20000-20300.

So recommendation for Bank nifty to long for 20000 sl .19800.

Stock Recommendation:-

Nifty:-

Date and Time 04-03-15

Call: LONG

CMP: 8996.25 (SPOT)

Initiation Level: 9050

Book Profit (Level 1):

9150

Book Profit (Level 2): 9350

Stop Loss: 8850

Conviction Level; moderate risk

Reason: CORRECTION

Short term Trend: CORRECTION

Medium Term Trend: UP

For the investor: LONG IN DEEP

For Aggressive Traders: SELL ON RISE

Support: 8700-8600

Resistance- 9030.

Duration: 1-2 Days

Bank Nifty:-

Date and Time 04-03-15

Stock: BANKNIFTY

Call: LONG

Initiation Level: 20150

Book Profit (Level 1):

20300

Book Profit (Level 2): 20600

Stop Loss: 19800.

Conviction Level: moderate risk

Reason: consolidate.

Short term Trend: CORRECTIVE

Medium Term Trend: UP

For the Investor: LONG IN DEEP.

For Aggressive Traders: SELL ON RISE.

Support: 19000-18500

Duration: 1-2 Days

Capvision Investment Advisor is an Investment Advisory Company (http://capvision.co.in/). Capvision Investment Company provides recommendation in all segment of stock market like Capital Market, Commodity Market, Forex Market etc.

We are offering 2 days free trial in stock cash tips, stock future tips, nifty/bank nifty tips, option, MCX tips, Ncdex tips & forex market. For getting free trial pack you can fill trial form from site or call us on 09713344666. For any query or feedback feel free to mail us on support@capvision.co.in.  We believe in giving best recommendation to each and every client by providing 24*7online and telephonic assistance

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Source:Capvision Investment Advisor
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Tags:Stock Tips, Intraday Tips, Positional Tips, Live Price, Live Tv
Industry:Financial, Investment
Location:Indore - Madhya Pradesh - India
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