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The market has opened on a
flat note. The Sensex fell 37.28 points to 27920.21 and the Nifty declined 21
points to 8470. About 380 shares have advanced, 249 shares declined, and 79
shares are unchanged on the BSE.
SBI, Infosys, Hindalco
Industries, Wipro, GAIL, HCL Technologies and NMDC fell 1-2.5 percent while Dr
Reddy's Labs, TCS, ONGC, NTPC, Sesa Sterlite, Tech Mahindra and Kotak Mahindra
gained 0.3-2 percent.
The currency market is
closed today on account of banks' holiday.
Among global markets, in the US equities
closed lower, giving up most of Monday's gains, as investors eyed mixed economic
data and the end of the first quarter.
In Asia, cautious sentiment also prevailed
after a weaker-than-expected reading of sentiment among Japanese corporates.
Stock
recommendation for 1/4/2015 is Beml ltd. In today’s trading session it was
up by 2.85%. Its long term trend is up. On daily chart it has given upside
breakout. Stochastic and RSI has also given buying confirmation. On daily chart
its short term support level is 1075. All the indicators are suggesting that
one can go for long position in this stock above 1110 levels. The stock may
test level of 1150-1170 in coming days.
Our recommendation on Beml ltd. is LONG above 1110 levels for tg of
1140-1170.
MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @ www.capitalheight.com or call at 0731-6615050, 9993066624.
MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock tips, equity tips and commodity market tips For More Info and Free Trials @ www.capitalheight.com or call at 0731-6615050, 9993066624.
