Tuesday, October 14, 2014

Stock Market Closing Bell News by Money CapitalHeight




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Stock Market Closing News:
Equity benchmarks closed marginally lower amid consolidation on Tuesday ahead of two state elections (Maharashtra and Haryana) tomorrow. The Sensex fell 34.74 points to close at 26349.33 and the Nifty declined 20.25 points to 7864.
 About 1301 shares have advanced, 1622 shares declined, and 109 shares are unchanged.  
DLF tanked 28.56 percent post Sebi order. BPCL, Cairn India, HCL Technologies, Tata Motors, HDFC, ONGC, Sesa Sterlite and HDFC Bank were down 1-2 percent.
However, BHEL, Axis Bank, Bajaj Auto, Tata Power, SBI and IndusInd Bank topped the buying list, up 2-4 percent.
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Stock Cash Trading Tips & Opening Bell by Money CapitalHeight



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Stock Market Opening News :
Equity benchmarks gained half a percent led by easing CPI inflation in September and better-than-expected numbers from Reliance Industries in Q2. The Sensex rose 164.58 points to 26548.65 and the Nifty climbed 39 points to 7923.25.
About 403 shares have advanced, 73 shares declined, and 21 shares are unchanged.  
Shares of Bajaj Auto gained 1.5 percent ahead of Q2 earnings. Axis Bank, Coal India, Bharti Airtel, Reliance Industries and IndusInd Bank rose 1.3-1.6 percent.
However, DLF tanked 18 percent after market regulator SEBI barred company and its six executives from accessing capital markets for 3 years. Hero Motocorp, Cipla, ITC, Dr Reddy's Labs, BPCL and HCL Technologies were under pressure.
The Indian rupee gained in the opening trade. It rose 15 paise to 60.93 per dollar versus previous day's closing value of 61.08 a dollar.
Stock Cash Trading Tips:
·          BUY RATANMANI (LCP-447.4) ABOVE 450 TG-454-460
·         BUY HOV (LCP 171.2) ABOVE 173 TG-175-178
·         BUY BF UTILITIES (LCP 648.2) ABOVE 654 TG-660-667
·         BUY SYMPHONY (LCP-1464.55) ABOVE 1470 TG-1482-1498
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Monday, October 13, 2014

Stock Market Closing News— Nifty ends above 7850; Tata Steel, Tata Power lead gainers



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Stock Market Closing News:
The market rebounded on Monday after a big fall in Friday's session. The Sensex climbed 86.69 points to 26384.07 and the Nifty rose 24.30 points to 7884.25.
About 1459 shares have advanced, 1466 shares declined, and 111 shares are unchanged.
Tata Power, Tata Steel, Coal India, Axis Bank, TCS, NMDC and PNB topped the buying list, up 1.5-3 percent while M&M, Cipla, Sun Pharma, Dr Reddy's Labs, BHEL and DLF were top losers, down 1-4 percent.
Among midcaps, Sintex Industries, Page Industries, Federal Bank, MTNL, Voltas, Mother son Sumi, OBC, Den Networks, SAIL, Jain Irrigation, LIC Housing and Union Bank rallied 3-20 percent.
However, Unitech, Marksans Pharma, Rico Auto, HDIL, Snowman Logistics, Tata Global, Amtek Auto and Godrej Consumer fell 1.5-4 percent.

Stock Trading Tips & Agri Commodity Market Trends by Money Capitalheight



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Stock Trading Tips & Recommendation:
CapitalHeight’s Stock recommendation for 13/10/2014 is Jet Airways Ltd. In today’s trading session, it was up by 9.63%. On the daily chart, it made a long white candlestick pattern and took resistance of trend line level and 200 DMA. If it will be able to breach trend line level then we can see some upside movement in coming days. Momentum indicator RSI has also given positive crossover. Its short term support level is at 200. One can go for long position in this stock above 248. The stock may test level of 810 in coming days.
Our recommendation on Jet Airways is LONG above 248 for the Target of 254-261
Stock Trading Tips for Today:
·         SELL ZANDU REALTY (LCP-2106.6) BELOW 2095 TG-2070-2040
·         SELL ARVIND (LCP 281.25) BELOW 280 TG-277-273
·         SELL RS SOFTWARE (LCP 698.7) BELOW 695 TG-690-674
·         SELL TATA SPONGE (LCP-863.7) BELOW 861 TG-855-848
Agri Commodity Market Trend:
·         Castor Seed future went up by 1.47%, on spot market demand.
·         Soybean future went down by 0.53% on sluggish demand.
·         Dhaniya future climbed by 0.93%, on strong spot demand.
Dhaniya Future prices rebounded by 0.93%, as speculators indulged in creating fresh positions after pick-up in demand in the spot market amid restricted arrivals from producing regions. Turmeric future declined by 0.71%, as speculators trimmed positions on increased supplies from producing belts against low demand in the spot market.
Today Agri Commodity Market  Tips
REF SOYA OIL (OCT) VIEW
Trend: Consolidate | Strategy: Sell on High
R1-607, R2-619| S1- 590, S2-578
RM SEED (OCT) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1- 3626, R2-3698| S1-3519, S2- 3447
SOYABEAN (OCT) VIEW
Trend: Consolidate | Strategy: Sell on High
R1-3029, R2-3089| S1-2940, S2-2880
TURMERIC (SEP) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1- 6213, R2-6336 | S1-6030, S2-5907

Friday, October 10, 2014

Stock Market Closing Bell by Money CapitalHeight



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Stock Market Closing News:
Equity benchmarks erased some gains seen in previous session. The Sensex fell 339.90 points or 1.28 percent to 26297.38, and the Nifty lost 96.80 points or 1.22 percent to 7863.75.
About 1012 shares have advanced, 1903 shares declined, and 112 shares are unchanged.
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