Daily Research Report 06 MAY 2014

NIFTY Futures:

Buy Above    NIFTY   @   6765    Target:  6830   SL: 6740

Bank Nifty futures:

Buy Above BANK Nifty   @ 13050    Targets: 13220     SL: 12990

Stock Futures Recommendations:

1)  Buy Above R E C  @   248    Tgt:  458     SL : 245

2)  Buy above JSW STEEL @   1120   Tgt:  1145    SL:  1110

3)  Buy above UNION BANK @ 158    Tgt:  170     SL: 155

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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.