Saturday 8 November 2014

EQUITY WEEKLY MARKET ANALYSIS

NEWS INSIGHT
  • Choppy Sensex, Nifty end lower; auto, cap goods, auto drag
  • Godrej Properties sees robust portfolio launches in H2FY15
  • See H2 EBITDA margin at 13-14%; 20% FY15 profit growth: Jyothy Laboratories
  • Financial Technologies gains 3% post IEX exit
  • Jet Air surges 3%; Etihad not jittery on investment
  • DLF surges 6%; SAT allows it to redeem MFs
  • HeroMoto falls over 2% as Bain Cap sells shares
  • Ranbaxy cracks 5%; FDA pulls nod on 2 drugs

NIFTY ANALYSIS

  •  Positional Support for NIFTY 8198
  •  Immediate resistance for NIFTY is 8365
  •  Intraday Resistance of NIFTY is 8358
  •  Intraday Support of NIFTY is 8290
  •  Oscillator Analysis The oscillator is showing BUY signal
  •  Short Term Oscillator Analysis- The signal is BUY

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