Daily Research Report 04 FEB 2014

NIFTY Futures:

SELL NIFTY FEB @ 6025  Target : 5950  SL: 6055

Bank Nifty futures:

SELL  Bank Nifty FEB @ 10110 Target : 9940  SL: 10180

Stock Futures Recommendations:

1) SELL HINDALCO  FEB@ 103 Tgt : 98  SL: 105

2) SELL BANK of INDIA  FEB @ 182 Tgt : 180  SL : 185

3) SELL  JINDAL STEEL  FEB @ 243 Tgt : 235  SL : 245

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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.