Saturday, 18 October 2014

Equity Trading Tips for the Week as on October 20, 2014

MARKET ANALYSIS
 Sensex gains 109 pts; banks lead, HCL Tech & TCS tank
     9%
 Axis Bank Q2 profit rises 18.3%, asset quality stable
 Investors put over Rs 30,000 cr in MF schemes during
     September
 Difficult to beat FY14 growth in FY15: TCS
 Hired 4000 employees in Q1; expect better utilisation:
     HCL
 

NIFTY ANALYSIS
 Positional Support for NIFTY 7680.
 Immediate resistance for NIFTY is 8000.
 Intraday Resistance of NIFTY are 7820:7900
 Intraday Support of NIFTY are 7750: 7680
 Oscillator Analysis - The oscillator is showing BUY signal
 Short Term Oscillator Analysis- The signal is BUY signal.



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