Daily Equity News Letter By Global Mount Money 4-02-2014

MARKET UPDATE


• The Sensex slipped 147.43 points to 20,061.83, and the Nifty dropped 42.25 points to 5,959.55.

• State Bank of India climbed over a percent followed by Bharti Airtel, L&T, Tata Power, Cipla and Hero Motocorp with a 0.5-0.8 percent gain.


GMM DAILY NIFTY TRENDS

Trend: - Bearish
Resistance: - 6100, 6170
Support: - 5870, 5970
Strategy: - Sell On High

GMM DAILY BANK NIFTY TRENDS

Trend: - Bearish
Resistance: - 10270, 10320
Support: - 9880, 9930
Strategy: - Sell On High

Stock Recommendation

Global Mount Money’s stock recommendation for 4/02/14 Jubliant foodwork, just dial, Ceat ltd .

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