Daily Equity Report By MarketMagnify 25-02-2013

Indian indices remains volatile turned negative from positive in late trade, having alternately swung between positive and negative zone throughout the trading session.Nifty down by 2pts settles at 5850 & Sensex by 8pts settles at 19317.

Indore, India (prHWY.com) February 25, 2013 - MARKET WRAP FOR Equity

* Indian markets consolidate in tight range & closed flat with marginal loss of .03%
* Asian-Pacific market closed mixed on uncertain global worries over economy.
* EUR German Ifo business climate at 107.4, Dow Future up 60pts.
Indian indices remains volatile turned negative from positive in late trade, having alternately swung between positive and negative zone throughout the trading session.Nifty down by 2pts settles at 5850 & Sensex by 8pts settles at 19317. Euro market green with FTSE up by 52pts at 6343, DAX by 84pts at 7668 & CAC by 62pts at 3687.

MM NIFTY OUTLOOK
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 5810
SUPP 2: 5735
RES 1: 5885
RES 2: 5965

MM BANK NIFTY OUTLOOK
MM BANK NIFTY TREND - CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 11990
SUPP 2: 11750
RES 1: 12380
RES 2: 12650

Stock Recommendation

Market Magnify stock recommendation for 25/02/2013 is Jaiprakash Association. The major trend in the stock is bearish. It has being taking rest on its support level after sharp down fall from last many trading session. In today's trading session it again remains negative and closed with loss of more than 2% and also near to its crucial support level at 69. In upcoming session we can expect some more down turn for short term, if it able to breach & sustain below its support level. One can go for short position in JP Association below 69. The stock may test level of 65 in near term.
Our recommendation on JP Association is SELL below 69 for the Target of 67/65.


MarketMagnify Financial Services is a leading Stock Advisory Company having a strong hold in providing most authentic and accurate Mcx Tips as well as Commodity tips . We are a team of highly qualified and experienced analysts team, who deliver their expertise in providing stock market calls for traders which include tips Stock Tips as well as Equity tips . All services are provided through SMS and Instant Messenger. Our research is based around these services:

For 2 Days Free Stock Tips, please visit our site at http://www.marketmagnify.com or please call our 24/7 Customer Care Support us 0731 - 6619 -000 Or email us at: info@marketmagnify.com

###

Tag Words: mcx tips, nifty free tips, stock trading tips, nifty trading tips, nifty future tips, stock future tips

Categories: Finance

Press Release Contact
MarketMagnify Financial Services
610, Vikashlekha Complex,
Scheme No.44,
Khatiwala Tank,
Indore

Link To This Press Release:

URL HTML Code