Indian Stock & Commodity Market Tips & Recommendation by Money CapitalHeight

Stock Trading Tips & Recommendation:

CapitalHeight’s Stock recommendation for 08/10/2014 is DLF Ltd. In today’s trading session, it was down by 5.68%. It has been trading in downtrend. Its long term trend is down. On the daily chart, it has given Trendline breakdown with long black candle and good volume. It is trading below short and long term DMA. Momentum indicator stochastic has also given negative crossover. Its short term support level is at 120. One can go for short position in this stock below 141. The stock may test level of 122 in coming days.

Our recommendation on DLF Ltd is SHORT below 141 for the Target of 135-128.

Stock Cash Tips for Today:

·         SELL RS SOFTWARE (LCP-711.45) BELOW 710 TG-705-697

·         SELL TATA SPONGE (LCP 844.5) BELOW 842 TG-836-828

·         SELL VGUARD (LCP 883.45) BELOW 880 TG-875-867

·         SELL TATA ELEXI (LCP-626.05) BELOW 625 TG-620-614

Commodity Market Trend

·         Gold futures for December delivery gained 0.4 percent

·         Silver futures for December delivery climbed 0.1 percent

·         Crude ended at a 17-month low

·         Nickel and zinc rose in London, while lead and tin dropped.

Gold futures rose for the second straight day as the dollar’s decline boosted the metal’s appeal as an alternative investment. Silver futures for December delivery climbed 0.1 percent to $17.24 an ounce. Earlier, the price reached $17.625, the highest since Sept. 29. West Texas Intermediate crude ended at a 17-month low before a government report that may show U.S. inventories increased last week.

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