Saturday, 21 June 2014

Equity Trading Tips for the Week as on June 23, 2014

NEWS INSIGHT
 Railway passenger fare hiked by 14%, freights up 6.5%
 Settle case with Voda before any tax reforms:
     Chidambaram
 UK to assist India in ensuring lifting ban on Mango import
 Power Min finalises note for PM; aims for 24X7 power
     supply
 Govt should make concession agreement more lucrative:
     IVRCL
 Telangana Govt for better Budget allocations in health car.


NIFTY ANALYSIS
 Positional Support for NIFTY 7480.
 Immediate resistance for NIFTY is 7670.
 Intraday Resistance of NIFTY are 7560:7612
 Intraday Support of NIFTY are 7480: 7450
 Oscillator Analysis - The oscillator is showing SELL signal
 Short Term Oscillator Analysis- The signal is SELL signal.




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