Stock Market news & Recommendation for 26-AUG 2013 by-The-Equicom

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26 AUG2013

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WEEKLY STOCK ANALYSIS


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MARKET WRAP The Nifty is up nearly 1.11% and The BSE Sensex rose over 1 percent on Friday to mark its second consecutive day of gains, with beaten down bank shares such as ICICI Bank gaining on value buying, as rupee recovered after six straight days of losses. LAST WEEK PERFORMANCE-

4 callls hit all targets we had given last week, in which RCOM hit all target made low 110(sell call given @119.80),JP ASSOCIATE hit 1st target & made high35.10(buy call given@29.70),UNITED SPIRITS hit all target & made low2013(sell call given@2226),FINANCIAL TECH hit 1st target & made high 165(buy call given@147)

STOCK TO WATCH -26/08/2013 COMPANY

PRICE

STOCK RECOMMENDATION

TARGET

RCOM

115.90

SELL

113/109

IDEA

157.85

SELL

153/145

UNITEDSPIRITS

2217

SELL

2150/2050

JPASSOCIATE

34.90

BUY

37.60/41.50

STERLITE

87.50

BUY

90.50/94.50


STOCK TO WATCH TheEquicom 09200009266

RCOM

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

RCOM

131

124

117

109

102

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN RCOM SO TRADER CAN SELL RCOM AT 119.80 FOR TG-117/112


STOCK TO WATCH TheEquicom 09200009266

IDEA

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

IDEA

181

170

162

151

143

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN IDEA SO TRADER CAN SELL IDEA AT 157.85 FOR TG-153/145


STOCK TO WATCH TheEquicom 09200009266

UNITEDSPIRITS

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

UNITEDSPIRITS

2444

2330

2172

2058

1900

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING SELL SIGNAL IN UNITED SPIRITS SO TRADER CAN SELL UNITED SPIRITS AT 2217 FOR TG-2150/2050


STOCK TO WATCH TheEquicom 09200009266

JPASSOCIATE

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

JPASSOCIATE

39

37

33

31

26

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN JP ASSOCIATE SO TRADER CAN BUY JP ASSOCIATE AT 34.90 FOR TG-37.60/41.50


STOCK TO WATCH TheEquicom 09200009266

STERLITE

DAILY ANALYSIS DAILY PIVOT INDICES

R2

R1

P

S1

S2

STERLITE

102

95

84

77

66

TECHNICAL OVERVIEW STOCHASTIC OSCILLATORS INDICATING BUY SIGNAL IN STERLITE SO TRADER CAN BUY STERLITE AT 87.50 FOR TG-90.50/94.50


STOCK TO WATCH TheEquicom 09200009266

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