Stock Market news & Recommendation for 23-AUG 2013 by-The-Equicom

Page 1

STOCK TO WATCH

23 AUG2013

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STOCK ANALYSIS

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STOCK TO WATCH

MARKET WRAP The Nifty is up nearly 2% and Sensex rose more than 350 points with shares in metal companies such as Tata Steel rallying after activity in China's vast manufacturing sector hit a four-month high in August as new orders rebounded.

YESTERDAY PERFORMANCEAll callls hit all targets we had given Yesterday, in which RCOM hit all target made low 110.20(sell call given @113.20), OPTO CIRCUIT hit 1st target made low 23(sell call given@23.95),JP ASSOCIATE hit all target & made high33.60 (buy call given@30.55),UNITED SPIRITS hit all target & made low2013 (sell call given@2112),FINANCIAL TECH hit 1st target & made high 136.10(buy call given@129)

STOCK TO WATCH -23/08/2013 COMPANY

PRICE

STOCK RECOMMENDATION

OPTOCIRCUIT

25.10

SELL

24.30/23

FINANCIALTECH

134

BUY

140/148

UNITEDSPIRITS

2167

SELL

2140/2100

RCOM

121.70

SELL

120.70/119

JPASSOCIATE

33.50

BUY

34.25/36

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TARGET


STOCK TO WATCH

OPTOCIRCUIT

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

OPTOCIRCUIT

27

26

24

24

22

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN OPTO CIRCUIT SO TRADER CAN OPTO CIRCUIT DLF AT 25.10 FOR TG-24.30/23

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STOCK TO WATCH

FINANCIALTECH

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

FINANCIALTECH

143

138

132

127

121

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN FINANCIAL TECH SO TRADER CAN BUY FINANCIAL TECH AT 134 FOR TG-140/148

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STOCK TO WATCH

UNITEDSPIRITS

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

UNITEDSPIRITS

2290

2228

2121

2059

1952

TECHNICAL OVERVIEW MOVING AVERAGE INDICATING SELL SIGNAL IN UNITED SPIRITS SO TRADER CAN SELL UNITED SPIRITS AT 2167 FOR TG-2140/2100

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STOCK TO WATCH

RCOM

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

RCOM

133

128

119

113

104

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN RCOM SO TRADER CAN SELL RCOM AT 121.70 FOR TG-120.70/119

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STOCK TO WATCH

JPASSOCIATE

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

JPASSOCIATE

36

35

32

31

29

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN JPASSOCIATE SO TRADER CAN BUY JPASSOCIATE AT 33.50 FOR TG-34.25/36

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STOCK TO WATCH

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