TATASTEEL

TECHNICAL DESK CALL: 21 Jan 2014

Positional Strong Buy TATASTEEL (FUT) CMP 383.50 Stoploss 374 Target 395

Remarks: Tatasteel on daily chart looks attractive for the time being as we draw retracement theory on daily chart from recent high of 435 to low 370.....38% retracement comes at 395 so we advise traders/investors to trade for this target with all due diligence...

HINDUNILVR

TECHNICAL DESK CALL: 20 JAN 2014

Positional Strong Buy HINDUNILVR (FUT) cmp 560 Stoploss 538 Target 580+++601

Remarks : Hindunilvr on daily charts looks attractive from the point of view of dad cat bounce as it has been from past many period it is under performing the market  and had corrected from September months high of around 685 to 538 recently mad low so from that point it is now making some consolidation before it slip any further on downside we are expecting the stock to touch 38% retracement level i.e. 594....please read our disclaimer