Stock Market news for 16 july 2013 by-The-Equicom

Page 1

STOCK TO WATCH

16 JULY2013 2013

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STOCK ANALYSIS

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STOCK TO WATCH

MARKET WRAP The Indian equity market rose for a third consecutive session on Monday to mark its highest close in 1-1/2 months as optimism about upcoming earnings results and wholesale inflation data that was in line with expectations boosted blue chips.

YESTERDAY PERFORMANCEAll callls hit targets we had given friday, in which INFY hit all target made low 2738(sell call given @2811), IGL hit all target made high 297.45(buy call given@293), IDEA hit all target & made high 154.25(buy call given@146),IDFC hit all target & made high 135.85(buy call given@132.3),APOLLO TYRE hit 1ST target & made high 67.35(buy call given@65.30)

STOCK TO WATCH -16/07/2013 COMPANY

PRICE

STOCK RECOMMENDATION

INFY

2754

SELL

2725/2675

IGL

294.50

BUY

296.50/300

IDFC

135

BUY

136.30/138.50

IDEA

135.85

BUY

155/157.50

APOLLO TYRE

66.70

BUY

67.5/69

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TARGET


STOCK TO WATCH

INFY

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

INFY

2764

2759

2761

2731

2709

TECHNICAL OVERVIEW WE ASSUMING THAT INFY WILL FILL ITS GAP IN DOWN SIDE SO TRADER CAN SELL INFY AT 2754 FOR TG-2725/2675

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STOCK TO WATCH

IGL

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

IGL

296

295

294

291

287

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN IDEA SO TRADER CAN BUY IGL AT 294.50 FOR TG-296.50/300

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STOCK TO WATCH

IDFC

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

IDFC

136

135

134

133

130

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN IDFC SO TRADER CAN BUY IDFC AT 135 FOR TG-136.30/138.50

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STOCK TO WATCH

IDEA

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

IDEA

156

155

151

148

143

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN IDEA SO TRADER CAN BUY IDEA AT 153.85 FOR TG-155/157.50

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STOCK TO WATCH

APOLLOTYRE

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

APOLLOTYRE

67

67

66

65

64

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN APOLLO TYRE SO TRADER CAN BUY APOLLO TYRE AT 66.70 FOR TG-67.5/69 67.5/69

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STOCK TO WATCH

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