Equity Trading Tips for the Week as on August 11, 2014

MARKET ANALYSIS
 SBI surprises street, Q1 profit rises 3% to Rs 3349 cr
 Insurance Bill unlikely to be tabled in current session
 Corporation Bank Q1 net down 39% on lower NII, other
     income
 Jaswant Singh in coma after suffering head injuries
 Tata Steel explores options for Rs 4000-5000cr QIP
 July domestic car sales up 5%; SIAM sees 5-10% growth
     in FY15

NIFTY ANALYSIS
 Positional Support for NIFTY 7480.
 Immediate resistance for NIFTY is 7725.
 Intraday Resistance of NIFTY are 7625:7690
 Intraday Support of NIFTY are 7500: 7400
 Oscillator Analysis - The oscillator is showing SELL signal
 Short Term Oscillator Analysis- The signal is SELL signal.

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