Market Recovered, Stock Tips

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.

SENSEX below 29000, Stock calls today

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.