Daily Research Report 19 Sep 2013


NIFTY Futures:
BUY NIFTY SEPT @ 6020 Target: 6090 SL: 5980
Bank Nifty futures:
BUY Bank Nifty SEPT @ 10750 Target: 11000 SL: 10650
Stock Futures Recommendations:
1) BUY SBIN SEPT@ 1700 Tgt: 1780 SL: 1670
2) BUY AXIS BANK SEPT@ 1100 Tgt: 1190 SL: 1070

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.