Daily Equity Report by EPIC RESEARCH Of 16 APRIL 2014
NIFTY DAILY TECHNICAL LEVELS
NIFTY
Nifty Future closed in the red in the last trading session. We advise selling around 6750-6780 levels with strict stop loss of 6800 for the targets of 6720-6660 levels.
BANKNIFTY
Bank Nifty Future closed in the red in the last trading session. We advise selling around 12700-12750 levels with strict stop loss of 12850 for the targets of 12500- 12300 levels
STOCKS DAILY TECHNICAL LEVELS
HINDALCO FUTURE
HINDALCO FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains above 134 levels.
We advise selling around 135-134 levels with strict stop loss 138 for the targets of 131-128 levels.
TCS FUTURE
TCS FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 2200 levels.
We advise buying around 2200-2240 levels with strict stop loss 2160 for the targets of 2280-2300 levels.
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