Daily Research Report 3 Jan 2014

NIFTY Futures:

SELL NIFTY JAN @ 6230  Target : 6150  SL: 6260

Bank Nifty futures:

SELL  Bank Nifty JAN @ 11210  Target : 11050  SL: 11270

Stock Futures Recommendations:

1) SELL TATA  STEEL JAN @ 419 Tgt : 410  SL: 421

2) SELL YES BANK JAN @ 362  Tgt : 350  SL : 365

3) SELL IDEA JAN @ 161 Tgt : 155  SL : 163

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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.