After crossing 8000 level by Nifty market outlook remains cautious. According to Mr. Sandeep Sabharwal Indian economic recovery is not strong yet due to which weakness is expected in market. Currently stock market is trading in high valuation. PSU Bank and Auto companies share valuations are high. Expected increase in excise duty from January 2015 […]
SENSEX crossed 28250 and Nifty traded near 8450. Top gainers BHEL, PNB, GAIL, IDFC, Sesa Sterlite, Reliance Industries and SBI. Top Losers HDFC, DLF, HDFC Bank, Axis Bank, HUL and Dr Reddy’s. SFTC’s Shashank Mishra said market trend will be looking good for long term while in short term market will move in 100-200 range. […]
Indian Stock market started positive taking positive cues from Asian and American market midcap and smallcap shares also traded with gain. In sectoral indices Consumer Durables up 1.45% and Oil&Gas shares gain 0.5% ,Health care stocks also traded with higher, FMCG stocks weak. Stock future tips Adani Ports 27NOV2014 Future Sell below 293 target 285.06 […]
Sell ONGC 27NOV2014 future below 405 target 394.48 stop loss 410.26. Buy JPPOWER 27NOV2014 future above 14.81 target 16.08 stop loss 13.00. Sell L&T 27NOV2014 future below 1620 target 1679.33 stop loss 1595. Buy Coal India 27NOV2014 future above 350 target 362.48 stop loss 341.56.
After taking positive start Indian stock market benchmark indices SENSEX and Nifty slipped. Nifty traded below 8320 and SENSEX at 27826.61 down 0.30%. In sectoral indices Consumer durables, Healthcare, IT, Realty and Technology are positive.
L&T, Bank of Baroda, UCO Bank, Vijaya Bank, United Bank, Syndicate Bank, Sun TV, Essar Oil, JET Airways will announce their quarterly results.
Government plans to sell ONGC 5% shares in last week of November or first week of December.
Infosys has announced huge recruitment, the company would hire 2100 employees including 600 graduates in US.
Canara Bank profit increased from Rs 625.90 crore to Rs 626.6 crore in second quarter of fiscal year 2015.
Intraday trading calls
Buy Canara Bank above 406 target 417.36 stop loss 395.13.
Buy Infosys above 4148 target 4177 stop loss 4118.
SENSEX managed to cross 28000 level first time and Nifty made new record at 8363.65 on upper level. Buying trend in Realty, Banking and Consumer durables shares.
Alembic Pharma, Bata India, Colgate, Escorts, GSK Consumer, Gulf Oil, Hidelberg, Htel Lila, IRB Infra, Muthoot Finance, NDTV, Shopper’s Stop, Tata Global Beverages and TD Power will announce their quarterly results today.
JSPL profit decreased from Rs 452 crore to Rs. 442 crore on the basis of YOY in second quarter of fiscal year 2015.
Thermax profit increased from Rs. 30.2 crore to 86 crore on YOY basis in fiscal year 2015 second quarter.
Trading Tips Today
Buy Ranbaxy above 655 target 665 stop loss 645.
Buy Sunpharma above 870 target 882 stop loss 860.