Daily Stock to Watch news letter 20 june2013 by-The-Equicom-Financial-Services

Page 1

STOCK TO WATCH

20 JUNE2013 2013

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STOCK ANALYSIS

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STOCK TO WATCH

MARKET WRAP The Indian equity market edged up on Wednesday amid volatility ahead of the U.S. Federal Reserve policy outcome, with telecom stocks such as Idea Cellular gaining as new roaming regulations were seen as less stringent than expected.

YESTERDAY PERFORMANCE3 callls hit all targets we had given Yesterday, in which FRL hit all target made high144.3(buy call given@137.35), RCOM hit all target & made high 128.25(buy call given@121.20),and MRF hit all target made low 14075(sell call given@14234)

STOCK TO WATCH -20/06/2013 COMPANY

PRICE

STOCK RECOMMENDATION

FRL

143.50

BUY

145/147.50

KTK BANK

142.60

BUY

144/146.5

RCOM

123.50

BUY

124.50/126.50

JUBLFOOD

973

BUY

983/1000

MRF

14155

SELL

14060/13900

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TARGET


STOCK TO WATCH

FRL

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

FRL

149

146

141

138

133

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN FRL SO TRADER CAN BUY FRL AT 143.5 FOR TG-145/147.50

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STOCK TO WATCH

KTK BANK

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

KTK BANK

149

146

141

138

133

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN KTK BANK SO TRADER CAN BUY KTK BANK AT 142.60 FOR TG-144/146.5 144/146.5

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STOCK TO WATCH

RCOM

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

RCOM

132

128

124

120

117

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN RCOM SO TRADER CAN BUY RCOM AT 123.50 FOR TG-124.50/126.50

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STOCK TO WATCH

JUBLFOOD

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

JUBLFOOD

1005

989

961

945

917

TECHNICAL OVERVIEW JUBLFOOD HAVE MAKING BULLISH ENGULF PATTERN SO TRADER CAN BUY JUBLFOOD AT 973

FOR TG-983/1000

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STOCK TO WATCH

MRF

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

MRF

14439

14297

14186

14044

13933

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN MRF SO TRADER CAN SELL MRF AT 14155 FOR TG-14060/13900

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STOCK TO WATCH

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