Market Watch

Monday 17 November 2014

Stock Market Opening Bell



Stock Market Opening Bell:
BSE Sensex and Nifty edged lower in early trade today with some selling pressure seen in IT, metals and healthcare stocks.
Sensex was down 70 points to 27,975 while Nifty fell 25 points to 8,364.
Among key stocks that will remain in news are several that reported quarterly earnings on Friday and on the weekend, such as SBI, Punj Lloyd, Britannia, Reliance Communications and SpiceJet.
 HDIL is in news early morning after a key project in Mumbai, Planet HDIL, got the environment ministry nod. 
Stock recommendation for 17/11/2014 is Voltas ltd.. In today’s trading session it was up by 6.64%. Its long term trend is up. On the daily chart, it was continuously up and it may give breakout if it crosses 273 level.RSI and MACD has also given buying confirmation.
Our recommendation on Alstom India ltd. is LONG above 273 for the Target of 290-300
Stock Trading Tips for Today
BUY SYMPHONY (LCP-2035.9) ABOVE 2040 TG-2060-2085
SELL TCI (LCP 274.9) BELOW 273 TG-270-266
SELL UCAL FUEL (LCP 126.55) BELOW 125 TG-123-120
SELL TVSSRICHAK (LCP-1678.8) BELOW 1670 TG-1655-1630
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