Stock Market news & Recommendation for 7-AUG 2013 by-The-Equicom

Page 1

STOCK TO WATCH

07 AUG2013

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STOCK ANALYSIS

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STOCK TO WATCH

MARKET WRAP The Indian equity market is fell around 2.5 percent on Tuesday as shares in lenders such as Yes Bank slumped on fears the RBI would announce new cashdraining measures to defend the rupee after it hit a record low.

YESTERDAY PERFORMANCE4 callls hit all targets we had given Yesterday, in which RCOM hit 1st target made low 118.65(sell call given @121), IDEA hit all target made low 151.50(sell call given@156.15), FINANCIAL TECH hit all target & made low146(sell call given@197.50), UNITED SPIRITS hit 1st target made high 2384(buy call given@2351)

STOCK TO WATCH -07/08/2013 COMPANY

PRICE

STOCK RECOMMENDATION

RCOM

121.50

SELL

120.50/118

IDEA

158.45

SELL

157.50/154

UNITED SPIRITS

2287

BUY

2312/2350

FINANCIALTECH

153

SELL

148/138

ADANIPORTS

129.95

BUY

131/133

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TARGET


STOCK TO WATCH

RCOM

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

RCOM

125

123

121

119

117

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN RCOM SO TRADER CAN SELL RCOM AT 121.50 FOR TG-120.50/118

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STOCK TO WATCH

IDEA

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

IDEA

166

162

157

153

148

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN IDEA SO TRADER CAN SELL IDEA AT 158.45 FOR TG-157.50/154

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STOCK TO WATCH

UNITEDSPIRITS

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

UNITEDSPIRITS

2436

2362

2309

2235

2182

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN UNITED SPIRITS SO TRADER CAN BUY UNITED SPIRITS AT 2287 FOR TG TG-2312/2350

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STOCK TO WATCH

FINANCIALTECH FINANCIALTEC

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

FINANCIALTECH

185

169

158

142

131

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN FINANCIAL TECHNILOGY SO TRADER CAN SELL FINANCIAL TECHNILOGY AT 153 FOR TG-148/138

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STOCK TO WATCH

ADANIPORTS

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

ADANIPORTS

144

137

129

122

115

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN ADANIPORTS SO TRADER CAN BUY ADANIPORTS AT 129.95 FOR TG--131/133

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STOCK TO WATCH

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