Monday, August 25, 2014

Stock Trading & Agri Commodity Market Tips & Recommendation By Money CapitalHeight



Equity benchmarks opened higher despite mixed global cues. The 30-share BSE Sensex rose 129.62 points to 26549.17 and the 50-share NSE Nifty touched a record high of 7942, up 26.65 points at 7939.85.
Today
Stock Trading Tips & Recommendation:
·         BUY FOSECO (LCP-873.55) ABOVE 876 TG-882-889
·         BUY BASF (LCP 1262.1) ABOVE 1265 TG-1274-1287
·         BUY BAYER CROP (LCP 2558.15) ABOVE 2563 TG-2575-2595
·         BUY MONSANTO (LCP-2161.4) ABOVE 2170 TG-2183-2205
CapitalHeight’s stock recommendation for 25/08/2014 is Punjab National Bank. It has been trading in uptrend from last few days. In today’s trading session, it was up by 1.80%. On the daily chart, it has given trend line breakout with good volume. Momentum indicator stochastic has also given positive crossover. All the indicators are suggesting that stock can see further upside movement in coming days. Its short term support level is at 890.
Our recommendation on PNB is LONG above 987 for the Target of 995-1005.
Today Agri Commodity Market Update :
·         Jeera future went down by 0.67%, on sluggish demand.
·         Chana future declined by 1.33%, on subdued demand.
·         RM seed future up by 1.51%, as spot demand in market.
RM Seed future went up by 1.51%, on strong spot market demand against restricted arrivals. Castor Seed future slipped by 1.10%, as speculators reduced positions on subdued demand in the spot market. Dhaniya future closed with marginal decline by 0.86%, on weak demand in physical market. Turmeric future went lower by 1.29%.
For Accurate Stock & Commodity Market Services visit our site www.capitalheight.com/services.php  or call at 0731-6615050,9993066624

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