Daily Research Report 06 Sep 2013


NIFTY Futures:

BUY NIFTY SEPT @ 5605 Target: 5670 SL: 5580
Bank Nifty futures:
BUY Bank Nifty SEPT @ 9650 Target: 9950 SL: 9550
Stock Futures Recommendations:

1)BUY YESBANK SEPT@ 290 Tgt: 320 SL: 280
2) BUY ANDHRA BANK SEPT@ 51.50 Tgt: 57 SL:49.50

3) BUY AXISBANK SEPT@ 910 Tgt: 945 SL: 902
4) Buy SBI SEPT@ 1600/1620  Tgt: 1685 SL : 1580

5) Buy HDFC Bank SEPT @ 610 Tgt: 635 Sl : 598

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.