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Free Tips Of [ 22 -2 -2014 ]

S.No	Company	Buy	Target	Stoploss	Remarks
1	LT	Above 1040	1052	1033	Target Achieved

Leading Indian Share Market Trading Tips Provider

Market Commentary

Topic :- Equity Closing Note

1. The Sensex advanced 162.91 points to close at 20699.55 (provisional).
2. The Nifty gained 64 points to close at 6155.45 (provisional).
3. Europe is trading in the green with FTSE is up 0.29%, CAC up 0.20% and DAX is up 0.06%

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Topic :- Time:3.05 PM

Nifty spot if manages to close above 6160 level then it is likely to show some more upmove in coming trading sessions and if it closes below above mentioned level then some sluggish movement is expected in the market. Avoid short positions for tomorrow.

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Topic :- Time:2.30 PM

KAPAS APRIL VIEW:
KAPAS APRIL is trading at 957.40. If it breaks and close below 955-950 levels then it is likely to slide towards 940-935 levels quite soon. On the other side if it manages to trade and sustain above 960-965 levels then some upmove can be seen in it and it is likely to test 975-980 levels quite soon. 

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Topic :- Time:2.00 PM

Nifty spot if manages to trade and sustain above 6150 level then it is likely to show some upmove and if it breaks and trade below 6130 level then some profit booking can be seen in it. Overall market breadth is positive with 73.17% stocks leading the rally and 24.39% stocks are declining.

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Topic :- Time:1.30 PM

GOLD VIEW:
GOLD is trading at 29830. If it breaks and trade below 29800 level then it is likely to slide further down and if it manages to trade and sustain above 29880-29000 levels then some upmove can be seen in it.

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Topic :- Time:1.00 PM

Yet another flat trading session is going on. Nifty spot if manages to trade and sustain above 6140 level then it is likely to show some upmove and if it breaks and trade below 6130 level then profit booking can follow in it.

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Topic :- Time:12.00 PM

Nifty is trading in a range. Nifty spot if manages to trade and sustain above 6150 level then it is likely to show some upmove and if it breaks and trade below 6130 level then some profit booking can be seen in the market.

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Topic :- Time:11.30 AM

News Wrap up:
1. IndiGo against permit to AirAsia; ball in DGCAs court.
2. AAP alleges 22,000-cr power scam in Maharashtra
3. Rupee up 9 paise vs dollar in early trade
4. M&Ms Ssangyong reports operating loss of 8.9 bn in 2013
5. United Bank slashes CD issue as ratings downgrade raise borrowings cost
6. UltraTech in talks to buy Jaypees cement 
7. Nandan Nilekani to quit as UIDAI head next month
8. Bharti to move Nigerian SC against lower court order
9. Shree Renuka dips after Wilmar agrees to buy stake
10. Tara Jewels up 5% for third day in a row on mutual fund buying

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Topic :- Time:11.00 AM

Nifty spot if manages to trade and sustain above 6160 level then it is likely to show some upmove and if it breaks and trade below 6130 level then it is likely to show some profit booking. 

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Topic :- Opening Note

Indian Stock Market Trading View For 21 Feb 2014:
Nifty is likely to trade volatile and is expected to follow global cues.

Nifty spot if manages to trade and sustain above 6130 level then it is likely to show some upmove and if it breaks and trade below 6060 level then some profit booking can be seen in the market. Please note this is just opening view and should not be considered as the view for the whole day.

Important US data to be released today:
1. Existing Home Sales


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