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Showing posts with label trading. Show all posts
Showing posts with label trading. Show all posts

The Indian market opens for trade this morning on a quiet-to-flat note. Earlier, the US markets ended higher with the Dow up 70 and Nasdaq up 26 odd points while Asia is mixed at this hour. Sensex is trading at 16174, up 9 points from its previous close, and Nifty is at 4851, up 2 points. CNX Midcap index is up 0.5% and BSE Smallcap index is up 0.4%. The market breadth is positive with advances at 398 against declines of 162 on the NSE.

Buy Hindalco with a target of Rs 130 and stop loss of Rs 118. The stock is currently trading at Rs 126.20, up 2.6% on the BSE.

Buy Tata Motors with targets of Rs 207 and 212 and stop loss of Rs 201. The stock is currently trading at Rs 206.50, up 0.8% on the BSE.

Buy Rolta India with a target of Rs 75 and stop loss of Rs 63. The stock is currently trading at Rs 68.60, up 1.8% on the BSE.



The Indian market opens for trade the first day of the week on a soft note. On Friday, the US markets ended mixed with the Dow down 55 odd points while Asia is in the red at this hour. Sensex is trading at 15774, down 74 points from its previous close, and Nifty is at 4725, down 20 points. CNX Midcap index is down 0.1% and BSE Smallcap index is up 0.2%. The market breadth is negative with advances at 240 against declines of 252 on the NSE.

Buy Pantaloon Retail with a target of Rs 167, says Anil Manghnani of Modern Shares and Stockbrokers on Zee Business. The stock is currently trading at Rs 150.15, up 1.1% on the BSE.

Buy GMR Infra with targets of Rs 24 and 26 and stop loss of Rs 21. The stock is currently trading at Rs 23.10, up 1.8% on the BSE.

Buy Chambal Fertilisers with a target of Rs 95 and stop loss of Rs 79. The stock is currently trading at Rs 87.40, up 4% on the BSE.



The Indian market opens the last trading day of the week on a flat-to-negative note. Earlier, the US markets ended mixed while Asia is in the red at this hour. Sensex is trading at 15833, down 23 points from its previous close, and Nifty is at 4736, down 13 points. CNX Midcap index is down 0.3% and BSE Smallcap index is up 0.01%.

Buy one lot of Maruti Suzuki 940 Nifty Call and sell two lots of 1000 Call with an overall cost of Rs 8 and maximum profit of Rs 1000. The stock is currently trading at Rs 938.15, up 0.6% on the BSE.

Buy Cairn India with 1-3 day targets of Rs 343.50 and 356.20 and stop loss of Rs 327. The stock is currently trading at Rs 341.75, up 0.9% on the BSE.

Sell Biocon with an intra-day target of Rs 266 and stop loss of Rs 280. The stock is currently trading at Rs 268.80, down 2% on the BSE.

Sell Titan Industries with a target of Rs 170 and stop loss of Rs 178. The stock is currently trading at Rs 174.75, down 0.6% on the BSE.