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Weekly Stock Equity News

Weekly Nifty Report for 22/july/2013 – 26/july/2013

Weekly Markets News

  • Sensex posts weekly gain of 191 points to reclaim 20,000.
  • Nasdaq, Dow slip on weak Microsoft, Google nos; S&P 500 up.
  • Reliance Industries Q1 profit beats forecast, up 18.85%.
  • Bajaj Corp OFS commences at Rs 200/share; stock rallies 7%.
  • Raymond, Indian Hotels fall after exclusion from NSE’s derivatives.
  • Bayer CropScience shares hit 52-week high on buyback plans.

Weekly Pick:

HDFC FUT ON WEEKLY CHARTS FOUND SUPPORT NEAR THE TREND LINE AND IS EXPECTED TO GIVE A NEGATIVE BREAKOUT BELOW THIS TREND LINE.

SELL BELOW 790 TARGETS 752-710. MAINTAIN SL OF 841.

Weekly Call:

M&M SELL BELOW 864 TARGETS 845-825 SL 890.

WIPRO BUY ABOVE 394 TARGETS 404-414 SL 380.

For More Detail – http://www.trifidresearch.com/stock-tips.php

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