Stock Market
News
Indian markets touched life time high and closed with
marginal gain. The Indian rupee also edged higher, tracking gains in equity
markets. Gains in metals, realty and auto were offset by losses in FMCG, power
and capital goods sectors. The Sensex jumped by 46 pts to 22386 and The Nifty
up by 8 pts to 6704. European stocks mixed.
Indian
markets are expected to trade in a range on Tuesday following positive trend
seen in other Asian markets. The key support for the index is around 6,670
levels.
The Nifty is expected to trend up till 6740 in the next couple of days. In this period the key support will be at 6670 and resistance will be at 6740
The Nifty is expected to trend up till 6740 in the next couple of days. In this period the key support will be at 6670 and resistance will be at 6740
Stock Recommendations
for Today
CapitalHeight’s stock
recommendation for 01/04/2014 is Bharat Heavy Electricals Ltd. It has been
trading in uptrend from last month. In today’s trading session, it was down by
2.55%. On the daily chart, it formed “Bearish Engulfing” pattern on higher
side. Momentum indicator stochastic has given negative crossover.
Our recommendation on BHEL is SHORT below 194 for the Target of 189-182.
Our recommendation on BHEL is SHORT below 194 for the Target of 189-182.
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Live Intraday Stock Market Tips or Market News.
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