Stock & Commodity Market Trading Tips & Recommendation by Money CapitalHeight

After two-day of consolidation, equity benchmarks opened higher with the Sensex rising 112.87 points to 26555.68 and the Nifty eyeing 7950 leve, up 29.30 points at 7934.05.
Today Stock Trading Tips & Recommendation:    

·         BUY ONE LIFE (LCP-255.2) ABOVE 258 TG-262-267

·         BUY GAREWARE (LCP 174.55) ABOVE 176 TG-178-181

·         BUY SHASUN PHARA (LCP 219.8) ABOVE 221 TG-225-230

·         BUY FOSECO IND (LCP-886.45) ABOVE 888 TG-894-903

CapitalHeight’s stock recommendation for 27/08/2014 is Andhra Bank. It has been trading in downtrend from last few months. In today’s trading session, it was down by 1.55%. On the daily chart, it took support of trend line and 200 DMA level, if it comes below then it may see some selling pressure in coming days. Momentum indicator stochastic has also given negative crossover.

Our recommendation on Andhra Bank is SHORT below 73 for the Target of 68-63.

Today Commodity Market Outlook :

·         Gold rose the most in more than two weeks

·         Silver futures for December delivery gained 0.1 percent

·         WTI for October delivery increased 51 cents

·         Copper futures for December delivery dropped 0.5 percent

·         Aluminum in London climbed for a second day

Gold rose the most in more than two weeks as tensions flared on the border between Ukraine and Russia, increasing demand for the precious metal as a haven. Silver futures for December delivery gained 0.1 percent to $19.459 an ounce on the Comex, the first advance in four sessions. West Texas Intermediate oil climbed as U.S. durable goods data and consumer confidence boosted economic optimism. Consumer confidence in the U.S.

For Accurate Stock & Commodity Market Services visit our site www.capitalheight.com/services.php  or call at 0731-6615050,9993066624