Monday, 21 July 2014

Equity Trading Tips for the Week as on July 21, 2014

NEWS INSIGHT
 Varied verticals aided Q1 growth; focus on digital now:
     TCS
 Jaitely hopes for lower rates, justifies defence FDI hike
 Wipro inks $1.1bn deal with ATCO; acquires IT arm for
     $195m
 Ukraine, Russia trade blame over Malaysian plane tragedy
 Adani and Posco agree to build rail line in Australia


NIFTY ANALYSIS
 Positional Support for NIFTY 7550
 Immediate resistance for NIFTY is 7735.
 Intraday Resistance of NIFTY are 7680 : 7735
 Intraday Support of NIFTY are 7595 : 7550
 Oscillator AnalysisThe oscillator is showing BUY signal
 Short Term Oscillator Analysis- The signal is BUY




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