Scrip Name: CAPF
Strategy – FUTURE BUY
Buy CAPF Future above 715, with SL 705 and Target 735-745
Reason – Technically the stock had been moving in sideways formation but is placed near support indicating buying in near term. The 740 CE has the highest OI indicating that the stock is now likely to move towards 740-750 levels in near term.
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About Nirmal Bang
Founded in 1986 by Nirmal Bang, the Nirmal Bang is recognized as one of the largest retail broking houses in India, providing an array of financial products and services. Their retail and institutional clients have access to products such as equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS. The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang.
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