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Today Stock Market Tips & Recommendation:
·
SELL IRB (LCP-253.95) BELOW 252 TG-249-245
·
SELL WHEELS (LCP 849.95) BELOW 846 TG-840-833
·
SELL CENTURY TEX. (LCP 594.1) BELOW 592 TG-588-583
·
SELL PNB (LCP-926.35) BELOW 924 TG-918-910
CapitalHeight’s stock recommendation for
08/08/2014 is Nesco Ltd. It has been trading in range. In today’s trading
session, it was up by 4.91%. On the daily chart,it has given trendline breakout
with good volume and trading in uptrend. Momentum indicator stochastic is also
trading in positive territory.
Our recommendation on Nesco
Ltd is LONG above 1295 for the Target of 1305-1315
The Sensex is
down 243.98 points at 25345.03 and the Nifty slipped 76.30 points at 7572.95.
BHEL, Sun Pharma, and Hindalco are down 2 percent each. ONGC and Axis Bank are
other laggards in the Sensex.About 242 shares have advanced, 823 shares
declined and 25 shares are unchanged.
Click Here & Get SureShot Calls
Today
Commodity Market Trends :
Gold futures advanced to a two-week high , Silver futures for September
delivery fell 0.2 percent, Nickel posted the biggest two-day gain in five
weeks, Copper rose 0.4 percent to $6,999 a ton, Aluminum, lead and tin also
advanced in London, while zinc fell.
Gold
silver Trends:
·
GOLD (OCT)
Trend: Consolidate | Strategy: Buy on dips
R1- 29180, R2- 29450| S1-28650, S2- 28380
·
SILVER (SEP)
Trend: Consolidate | Strategy: Sell on high
R1- 44950,R2- 45700| S1-43150, S2- 42280

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