Daily Research Report 23 MAY 2014

NIFTY Futures:

Buy Above  NIFTY  Future  @   7320     Target : 7380     SL:  7290

Bank Nifty futures:

Buy Above   BANK Nifty   @ 15155  Targets: 15340     SL: 15080

Stock Futures Recommendations:

1)   Buy Above   HINDALCO   @   160    Tgt:  167    SL : 158

2)  Buy Above   LUPIN   @   944     Tgt:  960     SL: 940

3)  Buy Above    AMBUJACEMT   @  222     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.