Saturday, 28 June 2014

Equity Trading Tips for the Week as on June 30, 2014

NEWS INSIGHT
 Sensex ends flat, Nifty above 7500; TCS, Sun Pharma up 4%
 Blast at a GAIL gas pipeline in Andhra Pradesh, 14 dead
 Ashok Leyland falls 5%, launches 18.52 cr shares QIP
 FDA approves Ranbaxy's generic version of Novartis's
     Diovan
 Bank of Baroda exits MCX; exchange appoints new auditor
 Bullish on oil & gas, IT attractive post correction: Kotak
 Budget to focus on job growth; like Siti Cable: Axis Cap


NIFTY ANALYSIS
 Positional Support for NIFTY 7440.
 Immediate resistance for NIFTY is 7595.
 Intraday Resistance of NIFTY are 7545:7595
 Intraday Support of NIFTY are 7480: 7440
 Oscillator Analysis - The oscillator is showing SELL signal
 Short Term Oscillator Analysis- The signal is SELL signal.



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