Live Indian Share Market Tips & Recommendation by Money CapitalHeight

Stock Trading Tips & Recommendation

Stock recommendation for 12/11/2014 is Union bank. In today’s trading session it was up by 3.33%. Its long term trend is up. On the daily chart, it was in consolidation since last few days and in weekly chart it has made double bottom formation .if market remains up then it may give breakout if it crosses 225 level. All the indicators are suggesting that one can go for long position in this stock above 225 level. The stock may test level of 235-245 in coming days.

Our recommendation on Union bank is LONG above 225 for the Target of 240-255.

Intraday Stock Tips:

·         BUY KSB PUMP (LCP-571.75) ABOVE 574 TG-580-587

·         BUY MINDA INDUS (LCP 560.3) ABOVE 563 TG-568-575

·         BUY TCI (LCP 246.8) ABOVE 248 TG-252-256

·         BUY ZANDU REALTY (LCP-2300.6) ABOVE 2307 TG-2330-2360

Today’s Commodity Market Outlook

·         Gold futures for December delivery gained 0.3 percent

·         Silver futures for delivery in December added less than 0.1 percent

·         Nickel rose the most in two weeks

·         Copper, aluminum, lead, zinc and tin rose today on the LME.

WTI for December delivery was little changed at $77.49 a barrel

Gold futures advanced as the dollar weakened, reviving the appeal of the metal as an alternative investment. Prices dropped 3.3 percent this year, set for a second annual loss and the longest slide since 1998. Signs of a stronger U.S. economy drove the dollar higher and fueled speculation that the Federal Reserve is moving closer to raising interest rates after ending its bond-buying program.

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