Indian Stock & Commodity Market Trading Tips & News by Money CapitalHeight

 

Accurate Indian Stock & Commodity Market Trading Tips & News Updates visit our site at

http://www.capitalheight.com/

Share Market Opening News:

Equity benchmarks opened lower on Tuesday following consistent nervousness due to Supreme Court order on coal block allocation case. The Sensex fell 25.27 points to 26411.75 and the Nifty lost 12.60 points to 7893.70.

About 548 shares have advanced, 500 shares declined, and 43 shares are unchanged.

Tata Power shed another 4.1 percent and Jindal Steel lost 6 percent, in addition to 3.4 percent and 14 percent fall in previous session on coal block allocation scam.

BHEL, Sesa Sterlite, Tata Motors, M&M and PNB slipped 1-1.5 percent while Tata Steel, Coal India, HDFC, ITC and HUL gained 0.6-1.7 percent.

 The Indian rupee opened flat at 60.52 per dollar on Tuesday as against previous day's closing value of 60.56 a dollar.
Today Stock Trading Tips:

BUY IFB INDUS (LCP-250.25) ABOVE 252 TG-256-262

BUY BASF (LCP 1202.95) ABOVE 1205 TG-1213-1225

BUY BAYER CROP (LCP 2391.45) ABOVE 2400 TG-2420-2450

BUY ZANDU REALTY (LCP-1758) ABOVE 1760 TG-1772-1790

Commodity Market Updates:

·         Gold futures for December delivery dropped 0.1 percent

·         Copper rose to a two-week high

·         Silver futures for December delivery fell 0.1 percent

GOLD (OCT)

Trend: Consolidate | Strategy: Buy on dips

R1- 28180, R2- 28450 | S1-27650, S2- 27280

SILVER (SEP)

Trend: Consolidate | Strategy: Sell on high

R1- 42850,R2- 43700| S1-41150, S2- 40180