Indian Stock Market Tips & Recommendation for Today

Stock Market Recommendation:

The Sensex rose 76.55 points to 20,929.02 and the Nifty climbed 18.25 points to 6,218.30. About 889 shares have advanced, 614 shares declined, and 74 shares are unchanged.

           CapitalHeight’s stock recommendation for 26/02/2014 is Wipro Ltd. It has been trading in uptrend. Its long term trend is up. In today’s trading session, it was up by 3%. On the daily chart, it has formed “Rounding Bottom” pattern and has given breakout with good volume. Momentum indicator stochastic is also trading in positive territory. From this level we expect the stock can see some upside movement in coming days. Its short term support level is at 550. One can go for long position in this stock above 598. The stock may test level of 640 in coming days.

 Our recommendation on Wipro is LONG above 598 for the Target of 608-618

Today Intraday Stock Tips:
BUY AURO PHARMA (LCP- 516.75) ABOVE 518 TG-521-525

BUY ESS DEE (LCP 742) ABOVE 746 TG-753-762

SELL JSW HOLDING (LCP 588.85) BELOW 587 TG-582-577

BUY LA OPALA(LCP-708.2) ABOVE 710 TG-716-725

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