Equity Trading Tips& Agri Commodity Market Tips Recommendations by CapitalHeight

Stock Trading Tips & Recommendation:

CapitalHeight’s Stock recommendation for 10/11/2014 is Axis bank Ltd. In today’s trading session it was up by 2.42%. Its long term trend is up. On the daily chart, after consolidation it has been trading in upside with good volume. Momentum indicator stochastic has also given positive crossover. Its short term strong support level is at 420. All the indicators are suggesting that the stock may see continue upside movement in coming days. One can go for long position in this stock above 470. The stock may test level of 520-550 in coming days.

Our recommendation on Axis bank is LONG above 470 for the Target of 480-485.

Stock Trading Tips for Today:

·         BUY ALLCARGO (LCP-281.55) ABOVE 283 TG-287-293

·         BUY GREENPLY (LCP 1150.65) ABOVE 1155 TG-1164-1178

·         BUY SUNDARAM FAST (LCP 185.45) ABOVE 187 TG-190-194

·         BUY RATANMANI (LCP-568.6) ABOVE 574 TG-580-588

Today Agri Commodity Market Trends:

·         Chana fut went higher by 0.22%, on strong spot demand.

·         Cardamom future went down by 3.97%, on higher arrivals.

·         Dhaniya future went down by 2.37%, on weak mkt demand.

Dhaniya future went up by 2.37% as weak buying was seen at spot market. Mentha Oil future went down by 0.57%, amid profit booking in spot market. Cardamom future moved down by 3.97% after speculators reduced positions amid higher supplies in spot markets. Jeera future closed up by 4.29% as traders created fresh position.

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