Stock Market news for 24 july 2013 by-The-Equicom

Page 1

STOCK TO WATCH

23 JULY2013 2013

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STOCK ANALYSIS

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STOCK TO WATCH

MARKET WRAP The Indian equity marketfalls 0.07 %.Larsen & Toubro Ltd,India's biggest engineering and construction group, shares fall 7 percent after the company said earnings slumped 12.5 percent in the June quarter from a year earlier, RELI.NS falls 1.9 percent even after reporting market-beating earnings late on Friday.

YESTERDAY PERFORMANCE4 callls hit all targets we had given Last friday, in which BAJAJ AUTO hit 1st target made high 2015(buy call given @1978), RCOM hit all target made low 137.15(sell call given@145.20), UNITED SPIRITS hit 1st target & made high 2767(buy call given@2743), APOLLO TYRE hit 1st target made low 68.95(sell call given@70.20)

STOCK TO WATCH -23/07/2013 COMPANY

PRICE

STOCK RECOMMENDATION

BAJAJ AUTO

1998

BUY

2015/2050

IDEA

151.95

BUY

153/155

UNITED SPIRITS

2703

SELL

2680/2650

RCOM

151.25

SELL

140.3/138.50

APOLLO TYRE

70.00

SELL

69.20/67.50

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TARGET


STOCK TO WATCH

BAJAJAUTO

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

BAJAJAUTO

2010

2004

1988

1961

1924

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN BAJAJ AUTO SO TRADER CAN BUY BAJAJ AUTO AT 1998 FOR TG-2015/2050 50

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STOCK TO WATCH

IDEA

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

IDEA

153

152

152

149

147

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN IDEA SO TRADER CAN BUY IDEA AT 151.95 FOR TG-153/155

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STOCK TO WATCH

UNITEDSPIRITS

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

UNITEDSPIRITS

2717

2710

2720

2673

2643

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN UNITED SPIRITS SO TRADER CAN SELL UNITED SPIRITS AT 2703 FOR TG TG-2680/2650

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STOCK TO WATCH

RCOM

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

RCOM

142

142

141

137

134

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN RCOM SO TRADER CAN SELL RCOM AT 141.25 FOR TG-140.3/138.50

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STOCK TO WATCH

APOLLOTYRE

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

APOLLOTYRE

70

70

70

69

68

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN APOLLO TYRE SO TRADER CAN SELL APOLLO TYRE AT 70 FOR TG-69.20 20/67.50

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STOCK TO WATCH

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