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Follow on Google News | Intraday Stock Market Tips and News Analysis by Money CapitalHeightIndian markets continued bearish rally heading towards 8300 level. On sectorial front Pharma, Banking and Energy and FMCG sectors were down while Reality and Infra sectors were stable in market.
By: MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS · Asia-Pacific mkts.up. Hang Seng and Jakarta up by 2.71% and 1.09%. · Wall Street up.USD CPI m/m stood at 0.2%.Dow futures up by 130 pts. Indian markets continued bearish rally heading towards 8300 level. On sectorial front Pharma, Banking and Energy and FMCG sectors were down while Reality and Infra sectors were stable in market. Sensex was down by 210 points to settle at 27676 & Nifty went down by 70 point to settle at 8377 level. European markets traded upside. Sensex, Nifty open in green; Sun Pharma up, Wipro falls 4% The market opens in green with strong Asian cues. The Sensex is up 37.47 points at 27713.51, and the Nifty is up 9.30 points at 8387.05. About 521 shares have advanced, 144 shares declined, and 74 shares are unchanged. Sun Pharma is up 1.5 percent while Dr Reddy's Labs, SBI, Axis Bank and Bajaj Auto are top gainers. Dragged by weak earnings, Wipro is down 4 percent. Among other laggards are Hindalco, GAIL, Bharti Airtel and Sesa Sterlite. The Indian rupee has opened flat at 62.81 per dollar against previous day's closing value of 62.85 a dollar. Stock recommendation for 22/4/2015 is symphony ltd. In today’s trading session it was up by 4.73 %. Its long term trend is up. On daily chart it has given upside breakout. Stochastic and RSI has also given buying confirmation. Our recommendation on Symphony ltd. is LONG above 3275 levels for target of 3400. Intraday Stock Trading Tips: SELL TATA ELEXI (LCP-1130.25) SELL SYMPHONY (LCP 3151.1) BELOW 3140 TG-3120-3090 SELL AJANTA PHARMA (LCP-1392.25) SELL WHEELS (LCP-1285.6) We are a leading Research Company, having a strong hold in providing most authentic and accurate intraday stock tips, equity tips and commodity market tips. For more info and Free Trials http://www.capitalheight.com/ or call at 0731-6615050, 9993066624. End
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