Daily Research Report 02 jan 2014

SELL NIFTY JAN @ 6350  Target : 6280  SL: 6380

Bank Nifty futures:

SELL  Bank Nifty JAN @ 11450  Target : 11250  SL: 11510

Stock Futures Recommendations:

1) SELL HINDALCO JAN @ 122 Tgt : 118  SL: 123

2) SELL IOC JAN @ 206  Tgt : 200  SL : 208

3) SELL HDFC BANK JAN @ 671 Tgt : 660  SL : 673

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These Recommendations are based on TECHNICAL ANALAYSIS, THEORY, RESEARCH and NEWS. Due care has been taken while preparing these comments, no responsibility will be assumed by author for the consequences what so ever, resulting out of acting on these recommendations we are not responsible for any losses made by traders. The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis and news. The author does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. Neither the author nor his company either trade or have position in any Call mentioned in this column.