Daily Research Report 24 Oct 2013

NIFTY Futures:

BUY NIFTY OCT @ ABOVE 6220 Target: 6280 SL 6210
SELL NIFTY OCT@ 6130 Target: 6050 SL: 6160

Bank Nifty futures:

BUY Bank Nifty OCT @ 10940 Target : 11100 SL: 10890

SELL Bank Nifty OCT@ 10850 Target: 10650 SL: 10810

Stock Futures Recommendations:
1) SELL TATA STEEL OCT @ 335 Tgt: 330 SL: 337.

2) SELL IDEA OCT @  175 Tgt : 179 SL: 170.

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.