Stock Market news & Recommendation for 6-AUG 2013 by-The-Equicom

Page 1

STOCK TO WATCH

06 AUG2013

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STOCK ANALYSIS

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STOCK TO WATCH

MARKET WRAP The Indian equity market is up 0.03 % and the broader Sensex gains 0.2%. Financial Technologies (India) Ltd (FITE.NS) gains 11.5 percent in volatile trading after slumping 73 percent over the previous two sessions.

YESTERDAY PERFORMANCEAll callls hit all targets we had given last Friday, in which RCOM hit all target made low 116.85(sell call given @124), HDIL hit all target made high 29.20(buy call given@27.15),IDEA hit all target & made low 153.65(sell call given@158.90),UNITED SPIRITS hit all target & made high 2400(buy call given@2328),FINANCIAL TECH hit all target & made low 117.55(buy call given@947)

STOCK TO WATCH -06/08/2013 COMPANY

PRICE

STOCK RECOMMENDATION

RCOM

121

SELL

120/118

IDEA

156.15

SELL

155/153

UNITED SPIRITS

2351

BUY

2375/2420

FINANCIALTECH

197.50

SELL

192.50/185

HDIL

28.25

BUY

29/30

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TARGET


STOCK TO WATCH

RCOM

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

RCOM

129

125

121

117

113

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN RCOM SO TRADER CAN SELL RCOM AT 121 FOR TG-120/118

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STOCK TO WATCH

IDEA

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

IDEA

165

161

157

153

149

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN IDEA SO TRADER CAN SELL IDEA AT 156.15 FOR TG-155/153

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STOCK TO WATCH

UNITEDSPIRITS

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

UNITEDSPIRITS

2442

2397

2354

2309

2266

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN UNITED SPIRITS SO TRADER CAN BUY UNITED SPIRITS AT 2351 FOR TG TG-2375/2420

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STOCK TO WATCH

FINANCIALTECH FINANCIALTEC

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

FINANCIALTECH

273

235

177

139

81

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN FINANCIAL TECHNILOGY SO TRADER CAN SELL FINANCIAL TECHNILOGY AT 197.50 FOR TG-192.50/185

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STOCK TO WATCH

HDIL

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

HDIL

31

29

28

26

25

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN HDIL SO TRADER CAN BUY HDIL AT 28.25 FOR TG-29/30

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STOCK TO WATCH

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