Equity Trading Tips for the Week as on June 02, 2014

NEWS INSIGHT
 Kotak Trustee Co sells 3.24% stake in Kotak Mahindra Bank
 ITC Q4 meets forecast, profit jumps 18% to Rs 2,276 cr
 Yes Bank raises USD 500 mn through QIP
 Delhi HC allows Teva's appeal against Natco
 Trade Min okays Cabinet note on hiking defence FDI cap
 J&K Bank crashes 20% on report of undisclosed stressed loan

NIFTY ANALYSIS
 Positional Support for NIFTY 7100.
 Immediate resistance for NIFTY is 7400.
 Intraday Resistance of NIFTY are 7275:7375
 Intraday Support of NIFTY are 7180: 7100
 Oscillator Analysis - The oscillator is showing SELL signal
 Short Term Oscillator Analysis- The signal is SELL signal.

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