Indian rupee
& Stock Recommendation
Indian rupee has opened flat at 61.06 a dollar on Friday
as against Wednesday's closing value of 61.07 a dollar.Pramit Brahmbhatt,Veracity India says Asian markets
have opened on a weak note. "Indian equity is also expected to trade weak
which will force rupee to depreciate further coupled with the month-end dollar
demand from the oil importers," he adds.
Asian markets
have opened on a weak note. Indian equity is also expected to trade weak which
will force rupee to depreciate further coupled with the month-end dollar demand
from the oil importers. The range for the day is seen between 60.50 - 61.50/USD.
CapitalHeight’s stock recommendation for 25/04/2014 is Somany
Ceramics Ltd. It has been trading in range from last few days. In today’s
trading session, it was up by 7%. On the daily chart, it formed a Rounding
bottom pattern” and has given breakout with good volume. Momentum indicator
stochastic is also trading in positive territory.
Our
recommendation on Somany Cera is LONG above 191
for the Target of 197-205.
Money CapitalHeight
provides Equity cash tips, stock cash premium tips also 2 days free tips in any
segment. For more call at 0731-6615050.
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