Saturday, 12 July 2014

Equity Trading Tips for the Week as on July 14, 2014

MARKET ANALYSIS
 Nifty below 7500, Sensex crashes 348 pts; midcaps bleed
 Budget 2014: Divestment goal may be exceeded, but a
     double-edged sword
 Infosys Q1 net falls 3.5%, FY15 $ revenue to grow 7-9%
 Budget 2014: It is not the end, but start of the journey,
     says Jaitley
 Sun Pharma recalls antidepressant drug from US market
 

NIFTY ANALYSIS
 Positional Support for NIFTY 7400.
 Immediate resistance for NIFTY is 7600.
 Intraday Resistance of NIFTY are 7510:7560
 Intraday Support of NIFTY are 7450: 7400
 Oscillator Analysis - The oscillator is showing SELL signal
 Short Term Oscillator Analysis- The signal is SELL signal.



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