Wednesday, May 28, 2014

Top Economic News Of The Day With Stock Recommendation



Industry body Assocham said government is losing Rs2000bn every year on account of spectrum that is lying idle.Central bank governor Raghuram Rajan called on new Finance Minister Arun Jaitley and said that both the government and the monetary authority are engaged with curbing inflation. (BS)
Petroleum ministry to divert more natural gas from non-core sectors and aims to boost capacity to core sector by 9.2 mscmd. (ET)
Stock Recommendation
CapitalHeight’s stock recommendation for 28/05/2014 is BEML Ltd. It has
been trading in uptrend and selling pressure seen at higher level. In today’s trading
session, it was down by 4.82%. On the daily chart, it made a “Shooting Star” candlestick
pattern and has given downside conformation. Momentum indicator stochastic has
given negative crossover
Our recommendation on BEML is SHORT below 580 for the Target of 572-562.
For Sureshot Intraday Stock Market Tips or Premium Tips visit our site at www.capitalheight.com/stock-cash-plus-tips.php  or Call at 0731-6615050

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