Daily Research Report 30 Sep 2013


NIFTY Futures:
SELL NIFTY OCT@ 5850 Target: 5780 SL: 5875
Bank Nifty futures:
SELL Bank Nifty OCT@ 9900 Target: 9650 SL: 9950

Stock Futures Recommendations:
1) SELL YES BANK OCT @ 300 Tgt: 260 SL: 315
2) SELL ICICI BANK OCT@920   Tgt: 890 SL: 930

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.