Daily Equity Research Report by EPIC - 13 FEBRUARY 2014
NIFTY DAILY TECHNICAL LEVELS
NIFTY FUTURE VIEW
Nifty opened with positive and went up 50 points Metals sectors and ITC drag down
the index . CPI inflation data released today, CPI inflation is at 8.8.This news is
positive for markets .RBI will hold rate hike in forth coming monetary policy .
Nifty next resistance is at 100 day sma(6166) and 50 day sma
BANK NIFTY DAILY TECHNICAL LEVELS
BANK NIFTY FUTURE VIEW
Bank Nifty went up one percent made a high of 10421 and closed at 10370.icici
bank went 3 % up which contributed the bank index to rally. .After 15 trading sessions
bankifty just closed above 13 days sma..Closing above 10465 level would result target
price of 10650 levels.
STOCKS DAILY TECHNICAL LEVELS
CROMPTON GREAVES FUTURE
CROMPTON GREAVES is looking strong on charts, long build up has been seen, we
may see more upside, if it sustains above 125 levels. We advise buying around 124-125
levels with strict stoploss of 121 for the targets of 128-131 levels.
STOCKS DAILY TECHNICAL LEVELS
VOLTAS FUTURE
VOLTAS FUTURE is looking strong on charts, long build up has been seen, we may
see more upside, if it sustains above 125 levels. We advise buying around 122-123
levels with strict stoploss 120 for the targets of 126-128 levels.
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