Daily Research Report 10 Oct 2013


NIFTY Futures:
SELL NIFTY OCT@ 6040 Target: 5940 SL: 6065
Bank Nifty futures:
SELL Bank Nifty OCT@ 10350 Target: 10150 SL: 10390

Stock Futures Recommendations:
1) SELL YES BANK OCT @ 345 Tgt: 338 SL: 347.50
2) SELL SBIN OCT@ 1630  Tgt: 1550 SL: 1650

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.