stock market (technical) outlook

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Capital Ways Financial Services is SEBI Registered Investment Adviser providing calls and recommendations by SMS for Trading, Bullion ( Gold / Silver) Base metal Lead, Zinc, Nickel, Copper, Aluminum) , Energy ( Crude oil, Natural Gas) Equity, Nifty, Stock Cash Futures and Options. We are recognized for the best services among the customers.

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BENCHMARK INDICES NIFTY FUTURE INDEX CAPITALWAYS FINANCIAL SERVICES DERIVATIVES DAILY REPORT TUSEDAY DATE 27/06/2017 SP CNX Nifty future closed down 63.55 points at 9511.40. Indian Stock Market opens on flat note. Market has entered into negative zone and a close below 9600 levels. Once Nifty closes below 9600 levels it would move sharply negative towards 9500-9470 levels. Nifty would enter into positive zone only if Nifty closes above 9667 levels and until then bears would be in power and traders can go short at every positive rally in the market. Today Nifty traded with a negative sentiment and closed on moderate loss. Its resistance level is 9667 and support level is 9500 – 9470 levels.

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BANKNIFTY FUTURE INDEXs BANKNIFTY FUTURE was closed to 23216.25 326.50 POINTS DOWN. Today Bank nifty opened on flat note and which traded with a negative sentiment and closed with loss of 1.39. Its resistance level of index is 23600 and support level of index is 23000.

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INTRADAY DERIVATIVES STOCK RECOMMENDATION STRATEGY ASIANPAINT – DOWNSIDE TARGET SHORT AT AROUND 1131 TARGETS 1121-1111 STOPLOSS 1141 In last trading session ASIANPAINT future was showing upside favor resistance of 1143 levels. Intraday levels We expect ASIANPAINT FUT has resistance of 1141 it can take the support at 1131 if it breaks its major support of 1131 then we can see more downside movement. STRATEGY CAPF –DOWNSIDE TARGET SELL AT AROUND 650 TARGETS 644- 638 STOPLOSS 656 In last trading session CAPF FUT was showing sideway favor support of 671 levels. Intraday levels We expect CAPF FUT has major resistance of 656 it can take the support at 650 if it cross its major SUPPORT level of 650then we can see more downside movement.

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