Nifty Weekly Range For The Week 11th Nov -- 15th NOV 6036 -- 6246, Either Side Sustaining Will Give More 80 Points More.
On the macro front, the government will unveil industrial production data for September 2013 on Tuesday, 12 November 2013. Index of industrial production (IIP) rose 0.6% in August 2013, showing moderation in growth from 2.8% growth recorded in July 2013.
Data on inflation based on the consumer price index (CPI) for October 2013 will be unveiled on Tuesday, 12 November 2013. The headline CPI inflation (combined) for September 2013 was placed at 9.84% (y-o-y), which came in higher than 9.52% (y-o-y) seen in August 2013.
Data on inflation based on the wholesale price index (WPI) will be declared on Friday, 15 November 2013. India's WPI-based inflation increased to 6.46% in September 2013 from 6.10% in August 2013.
NOTE : AFTER 1ST TGT HIT KINDLY REVISED SL TO COST PRICE !
TRADING CALLS
CASH
BUY SUNTV 413 SL 405 TGT 418 / 426
BUY MPHASIS 411 SL 403 TGT 417 / 427
BUY RECL 208 SL 204 TGT 213
SELL YESBANK 354 SL 360 TGT 349 / 342
SELL CENTURYTEX 294 SL 299 TGT 288 / 283
SELL CENTURYTEX 294 SL 299 TGT 288 / 283
DISCLAIMER : THE AUTHOR IS NOT RESPONSIBLE FOR ANY LOSSES DURING ANY TRADE THIS IS MY VIEW !!
Britannia Industries, GlaxoSmithKline Pharmaceuticals, Godrej Consumer Products, Godrej Industries, NHPC, Pfizer, Reliance Infrastructure, Reliance Power, SAIL and Tata Chemicals, among others will announce their June-September 2013 quarter results on Monday, 11 November 2013. Hindalco Industries' US subsidiary Novelis Inc. unveils its Q2 results on Monday, 11 November 2013.
Hindalco Industries, HPCL, MMTC, Oil India, Oracle Financial Services Software, Reliance Capital, Reliance Communications and Tata Global Beverages, among others will announce their June-September 2013 quarter results on Tuesday, 12 November 2013.
Sun Pharmaceutical Industries, BPCL, Cipla, Coal India, Mahindra & Mahindra, ONGC, PTC India, Rural Electrification Corporation, State Bank of India and Tata Steel, among others will announce their June-September 2013 quarter results on Wednesday, 13 November 2013.
Tata Power and Jaiprakash Associates will announce Q2 September 2013 results on Thursday, 14 November 2013.

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