Daily equity report 12 02 2014

Page 1

12 Feb 2014


NIFTY DAILY TECHNICAL LEVELS NIFTY FUTURE CHART

S2 – 5970.10

S1 – 6005.10

Close – 6077.25

R1 – 6105.80

R2 – 6155.80

NIFTY FUTURE VIEW

Nifty Future not showing strength in last three trading sessions and waiting for the event IIP numbers and CPI inflation data which will release tomorrow .Nifty will face strong resistance at 6156 levels. We advice sell on rise around 6150-6170 price levels with stop loss of 6210 Target price would be around 6050-6025 levels

12 Feb 2014


BANK NIFTY DAILY TECHNICAL LEVELS BANK NIFTY FUTURE CHART

S2 – 9875.25

S1 – 10050.75

CLOSE – 10264.00

R1 – 10450.65

R2 – 10650.25

BANK NIFTY FUTURE VIEW

Bank Nifty Future facing strong weekly resistance level at 10349 (50% Retracement Level) and Gap .we advise sell on rise and support levels is around 9700-9650 levels .

12 Feb 2014


DAILY TECHNICAL LEVELS DABUR FUTURE CHART

DABUR FUTURE DABUR FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 175 levels. We advise buying around 175 levels with strict stoploss 172 for the targets of 178-180 levels.

12 Feb 2014


DAILY TECHNICAL LEVELS RANBAXY FUTURE CHART

RANBAXY FUTURE RANBAXY FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 350 levels. We advise buying around 350-352 levels with strict stoploss of 345 for the targets of 356-362 levels.

12 Feb 2014


Best Cash Buy Script Scrip Name

Buy Price

Stop loss

Target

MUTHOOTFIN

ABOVE 158

153

165-170

SKS MICRO

ABOVE 196

191

200-205

Best Sell Scrips Scrip Name

12 Feb 2014

Sell Price

Stop loss

Target


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12 Feb 2014


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