Stock Market Recommendation:
CapitalHeight’s Stock recommendation for
20/10/2014 is Insecticides (India) Ltd. It has been trading in range. In
today’s trading session, it was up by 14.93%. On the daily chart, it has given
trend line breakout with good volume and made bullish candle. Momentum
indicator stochastic has also given positive crossover. All the indicators are
suggesting that the stock can see some upside movement in coming days. Its
short term support level is at 660. One can go for long position in this stock
above 770. The stock may test level of 850 in coming days.
Our recommendation on Insecticides is LONG above
770 for the Target of 778-790.
Intraday Stock Trading Tips :
·
BUY
ZANDU REALTY (LCP-2154.45) ABOVE 2170 TG-2190-2220
·
BUY YES
BANK (LCP 598.3) ABOVE 601 TG-605-611
·
BUY
ARVIND (LCP 273.05) ABOVE 276 TG-279-283
·
BUY BHEL
(LCP-226.75) ABOVE 228 TG-231-235
Agri Commodity Market News for Today
·
Jeera future prices was up by 0.14%, on spot
demand.
·
Cardamom fut dropped by 0.84%, on sluggish
demand.
·
Turmeric future declined by 1.66%, on subdued
demand.
Soybean future jumped by 1.12%, on strong demand in spot
market. RM Seed future climbed 0.38%, on restricted arrivals from growing
regions. Castor Seed declined by 0.52%, as speculators reduced positions amidst
subdued demand in the spot markets. Mentha Oil future slipped by 0.88%, as
speculators indulged in booking profits.
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