Daily Research Report 09 Dec 2013

NIFTY Futures:

SELL NIFTY DEC @ 6345 Target : 6455  SL: 6315

Bank Nifty futures:

SELL Bank Nifty DEC @ 11890  Target : 12100  SL: 11820

Stock Futures Recommendations:

1)SELL TATA MOTORS DEC @ 395 Tgt : 410  SL: 391

2) SELL BHEL   DEC @ 170  Tgt : 175  SL : 167.50

3) SELL BANK OF INDIA DEC @ 223 Tgt : 232  SL : 220

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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.