Capvision Investment Advisor’s Daily Recommendation For Stock Market 28-5-2015

INDORE, India - May 28, 2015 - PRLog -- MARKET WRAP FOR NIFTY & BANK NIFTY

Nifty:-

Nifty is running in the range of 8450 and 8370, 8450 is very strong resistance and 8280 is a good support, tomorrow will be expiry of MAY contract and a bull closing is expecting as chart are showing to us, today nifty has closed 4 point negative but it has open gap down around 35-40 point it has recovered from low levels and that is a good support level for nifty, fro expiry we take buy position for nifty as well as in bank nifty future because bank are looking more attractive.

Bank Nifty:-

Bank nifty future is running in a channel line as we can see on the charts, so at the levels of 18550 it is taking resistance of channel line.

Stock Recommendation:-

Nifty:-

Date and Time 28-05-15

Call: LONG

CMP: 8345

Initiation Level: 8350

Book Profit (Level 1):

8400

Book Profit (Level 2): 8500

Stop Loss: 8500

Conviction Level; moderate risk

Reason:

STRONG SUPPORT

Short term Trend: CORRECTION

Medium Term Trend: DOWN

For the investor: SELL ON HIGH

For Aggressive Traders: SELL ON RISE AND BUY ON DEEP

Support: 8270

Resistance- 8500-8700

Duration: 1-3 Days

Bank Nifty:-

Date and Time 28-05-15

Stock: BANKNIFTY

Call: LONG

Initiation Level: 18500

Book Profit (Level 1):

18600

Book Profit (Level 2): 18800

Stop Loss: 18300.

Reason: RUNNING IN CHANNEL

Short term Trend: DOWN

Medium Term Trend: DOWN

For the Investor: SELL ON HIGH

For Aggressive Traders: SELL ON RISE AND BUY ON DEEPS

Support: 18300-18000

Duration: 1-3Days

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