070-330 070-310 642-873 200-120 070-410 070-447 070-646 1Z1-030 9A0-129 300-115 350-001 070-321 OCM-CN 1Z0-507 MB2-703 SY0-401 70-346 PMP 70-533 70-462 220-802 640-554 MB2-704 1Z0-060 PMP 100-101 1Z0-061 70-533 N10-006 350-018 810-401 sz0-211 ADM-201 2V0-621 HP0-S41 70-532 1Z0-803 9L0-422 350-018 2V0-621 1Z0-061 ADM-201 MB2-704 1Z0-060 PMP 100-101 1Z0-061 70-533 N10-006 350-018 810-401 sz0-211 70-417 NS0-156 70-411 70-342 74-697 70-412 VCP510-DT CISSP P2170-035 220-801 350-018 350-050 640-460 70-410 c4060-156 350-060 640-554 70-410 70-640 1y0-a25 VCP550 JN0-102 70-410 2V0-620 1z0-058 350-001 640-460 70-178 70-632 220-701 lx0-102 n10-005 rf0-001 1y0-220 1y0-a05 642-832 70-178 70-410 70-414 70-413 312-50v8 350-080 642-999 70-410 SY0-401 200-120 HP0-J73 HP2-E58 HP2-E61 642-732 VCP550 810-401 220-802 70-412 350-080
NIFTY FUTURE & BANK NIFTY FUTURE 04 January 2016 - CapVision Research Updates

NIFTY FUTURE & BANK NIFTY FUTURE 04 January 2016

NIFTY FUTURE : Technical commentary

Nifty has broken its important resistance which was at 7950, now it is looking good up to 8100, at 8100 it will take resistance of a channel as you can see in the chart, till 8100 we can buy it, if nifty will given closing above 8100 than it can again touch the level of 9000 and above. In lower side it has support at 7900 and 7800 level.

Call: Long
CMP: 7761
Initiation Level: 7965
Book Profit (Level 1):8000
Book Profit (Level 2): 8100
Stop Loss: 7900
Conviction Level: moderate risk
Reason– channel line
Short term Trend: recovery
Medium Term Trend: up
For the long term Traders: buy on dips
For Aggressive Traders: SHORT ON HIGH, LONG ON DEEPS
Support: 7900-7850
Resistance- 8100-8200
Duration: 4-5 Days

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