Monday, 17 February 2014

Equity Trading Tips for the Week

NEWS INSIGHT

  • SBI Q3 net falls 34% to Rs 2234 cr, asset quality weakens
  • Reliance Jio pays Rs 11054 cr for licences in 14 circles
  • Aim 70% export growth; may open more units abroad: Cipla
  • See FY15 profits around Rs 18-20 crore: Kohinoor Foods
  • Expect to maintain full year GRMs at $4-5/bbl: IOC
  • Rupee volatility led to reduction in imports in Q3: RCF

NIFTY ANALYSIS

  • Positional Support for NIFTY 5980.
  • Immediate resistance for NIFTY is 6125.
  • Intraday Resistance of NIFTY are 6080: 6110
  • Intraday Support of NIFTY are 6030: 5980
  • Oscillator Analysis - The oscillator is showing BUY signal
  • Short Term Oscillator Analysis- The signal is BUY signal.

MAJOR INDICE

INDIAN MARKET

INDEX
CLOSE
CHANGE
% CHANGE
SENSEX
20366.82
173.47
0.86
NIFTY
6048.35
47.25
0.79
BANK NIFTY
10203.75
68.05
0.67

ASIAN MARKETS
INDEX
CLOSE
CHANGE
NIKKEI
14313.03
-221.71
STRAITS TIMES
3038.71
-1.19
HANG SENG
22298.41
132.88
TAIWAN INDEX
8513.68
45.98
KOSPI
2115.85
17.45



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