Daily Research Report 11 Sep 2013

Technical View on NIFTY , BANK NIFTY AND STOCKS.

NIFTY Futures:
SELL NIFTY SEPT @ 5905/5910 Target: 5850 SL: 5930
Bank Nifty futures:
SELL Bank Nifty SEPT @ 10320 Target: 10050 SL: 10380
Stock Futures Recommendations:
1) SELL YES BANK SEPT@ 315 Tgt: 300 SL: 321
2) SELL RANBAXY SEPT@ 455 Tgt: 440 SL: 463

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.