Stock Trading & Nifty Market Trends & News by Money CapitalHeight

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Today Stock Trading Tips & Opening News:

·         BUY ZANDU REALTY (LCP-1753.25) ABOVE 1760 TG-1775-1795

·         BUY RS SOFTWARE (LCP 605.3) ABOVE 607 TG-612-618

·         BUY MONSANTO (LCP 2762.3) ABOVE 2770 TG-2790-2820

·         BUY AJANTA PHARMA (LCP-1618.3) ABOVE 1622 TG-1630-1640

The market has opened on a strong note. The Sensex is up 121 points at 27147.70, and the Nifty is up 46.10 points at 8132.95. About 567 shares have advanced, 112 shares declined, and 29 shares are unchanged.

GAIL, ONGC, Bharti Airtel, Sesa Sterlite and L&T are top gainers in the Sensex. Among the losers are Coal India, Wipro and Hero.

The Indian rupee opened at highest level since July 31. It has gained 10 paise at 60.29 per dollar against 60.39 on Friday.

Today Nifty Market Trends:

HPCL (up 2.19%), Indian Oil Corporation (up 2%) and BPCL (up 1.63%), edged higher.

The S&P BSE Sensex was up 118.42 points, or 0.44% at 27,145.12.

Crude oil futures dropped on Friday, 5 September 2014, after downbeat US jobs data fuelled demand concerns and a ceasefire in Ukraine cooled geopolitical tensions. Brent October contract finished $1.01, or 1%, lower at $100.82 a barrel on Friday. US crude October contract finished $1.16, or 1.2%, lower at $93.29 a barrel on Friday.

In Asian trading today, 8 September 2014, Brent October contract was down 10 cents or $100.72 a barrel while US crude October contract was down 2 cents at $93.27 a barrel.

NIFTY TREND: BULLISH

NIFTY SPOT LEVELS

·         SUPP 1: 8015 SUPP 2: 7950

·         RES 1: 8145 RES 2: 8210