10-12-14 DAY PERFORMANCE:

NIFTY PERFORMANCE:

After 2 days fall, Market closed with flat, as we see calm after thunder falls.   Even though Bank Nifty gave support, as we mentioned in our morning note, Nifty could make only 15 pts, at closing.  Global indices and Media Reports regarding Insurance bill etc, have supported the Nifty.  As Nifty has taken support at 8300 level and other Asian Markets closed with mixed results, tomorrow morning session will be critical to short term traders.   

STOCKS TO WATCH (POS/DAY BASED ON LEVELS GIVEN)
UCOBANK: SELL < 84 TRG 80 SL 86
                      Actual: Low: 81.50; High: 84.10

ICICIBANK: SELL < 353 TRG 347 SL 356
                       Actual: Low: 346.85; High: 354.90
 
IOC: BUY > 347 TRG 352 SL 344
         Actual: low: 343.65; Hgh:  349.75

TECHNOFAB: BUY > 138 TRG 143/147 SL 136 
                          Actual: Low: 137.10; High: 147.70

We wish you happy trade.