Monday 13 October 2014

Equity Trading Tips for the Week as on October 13, 2014

MARKET ANALYSIS
 Sensex slips 340 pts on global woes; Q2 nos lift Infosys
     7%
 Infosys Q2 net up 7%, $ revenue rises 3.1%, approves 1:1
     bonus
 HC rules in favour of Vodafone in transfer pricing case
 PNB cuts term deposit rates for up to 1 year to 8.5%
 Mkt to become volatile; buy L&T on every dip: Edelweiss
 

NIFTY ANALYSIS
 Positional Support for NIFTY 7800.
 Immediate resistance for NIFTY is 8200.
 Intraday Resistance of NIFTY are 8000:8070
 Intraday Support of NIFTY are 7910: 7840
 Oscillator Analysis - The oscillator is showing BUY signal
 Short Term Oscillator Analysis- The signal is BUY signal.



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