Experts View-Looking at Market movement, it is difficult to do trading for short term traders. However long term movement of market is expected to be positive, but Minor correction can not be ruled out. Today’s Q3 Results SBI, Mahindra & Mahindra, BPCL, ABG Shipyard, Archies, Bank of Maharashtra, BEML, BGR Energy, Bosch, clutch auto, Cox […]
Relief is not showing on front of inflation, January CPI Inflation rate increased 5.11% Month-on-Month basis. In December the CPI inflation rate was 4.28%. In January Food inflation rate is 6.06% . The CPI base year changed from 2010 to 2012. In Q3 of fiscal year 2015, BHEL profit decreased 6.93% and income increased 28% […]
In Fiscal year 2015 third Quarter Bank of India profit decreased 70.40% to Rs 173.4 crore. In fiscal year 2014 third quarter the Bank of India profit was Rs 585.80 crore. Income from interest is increased by 2.3% reached Rs 2780.2 crore. In 2014 fiscal year the income from interest was Rs 2719 crore. On […]
United bank has earned net profit of Rs 41.78 crore in third quarter, while in previous year at same period the bank has net loss of Rs 1238.08 crore. Investment tips in United Bank shares Buy for short term with target of Rs 45.38. See Press Release “http://www.briefingwire.com/pr/united-bank-profit-of-rs-4178-crore-in-q3″ “http://www.freeprnow.com/pr/united-bank-profit-of-rs-4178-crore-in-q3″
Weak global cues and Expected victory of AAP in Delhi election worked to make pressure on market. But we are seeing recovery in the markets at lower level.
Buying trend in Metal and Auto shares give support to the market, however Realty, Capital goods shares are in selling trend. Midcap and Small cap shares recovered.
Stock Tips Today
Sell BPCL below 712 target 692 stop loss 682.
Sell Reliance Infra below 419 target 408 stop loss 425.
Sell Adani Enterprises below 609 target 594 stop loss 616.
Global cues are strong but domestic market trending dull. SENSEX came below 29000 and Nifty traded near 8730. Midcap shares declined. BSE Midcap index dropped 0.25%.
Selling trend in Bank, Capital goods, Power and auto shares creates pressure on market while buying trend in Metal, Pharma and consumer durables shares. BSE Metal index climbed 1%.
Stock Calls Today
Buy ONGC above 370 target 379.40 stop loss 363.30.
Buy Oil India above 542 target 552.15 stop loss 537.90.
Buy HPCL above 591 target 606.23 stop loss 577.