Daily Research Report 14 Oct 2013


NIFTY Futures:
SELL NIFTY OCT@ 6110 Target: 6040 SL: 6135
Bank Nifty futures:
SELL Bank Nifty OCT@ 10640 Target: 10440 SL: 10690

Stock Futures Recommendations:
1) SELL BANK  OF INDIA  OCT @ 184.50 Tgt: 180 SL: 186.50
2) SELL  COAL INDIA @ 285/283  Tgt: 275 SL: 288.50

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.