Equity Trading Tips for the Week as on June 16, 2014

NEWS INSIGHT
 Saudi Arabia can supply ample oil if Iraq woes worsens
 Telenor to acquire 100% stake in Uninor
 Bain sues EY over $60m loss in Lilliput Kidswear
 Will look to raise Rs 1200 cr via QIP in next 2 months: IOB
 Modi to meet officials tomorrow to sort out SEZ woes
 Bhel commissions 68 MW hydel unit at Himachal Pradesh
 Cement, banking, industrials may push Nifty to 7750: Nomura

NIFTY ANALYSIS
 Positional Support for NIFTY 7500.
 Immediate resistance for NIFTY is 7700.
 Intraday Resistance of NIFTY are 7525:7500
 Intraday Support of NIFTY are 7570: 7630
 Oscillator Analysis - The oscillator is showing SELL signal
 Short Term Oscillator Analysis- The signal is SELL signal.

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