The rupee against the U.S. dollar continues to strengthen exchanges have started with good speed. Sensex up 110 points 18 899 and Nifty are open 41 points higher at 5607. The rupees trade at 60.75 in international market & early morning market gain the 7 paise in day trading. Market is trying to satble to stand our position & grow up.
Metal, Healthcare, Consumer Durables and FMCG stocks gained 2-1 per cent. Auto, Capital Goods, PSU, Realty, All & gas, tech stocks are strong from 0.6 to 0.2 per cent. IT and power stocks are sluggish. Bank shares have fallen 0.5 per cent.Tata Steel, Jindal Steel, Coal India, Jaiprakash Associates, Sesa Goa, Lupin, NMDC, HDFC, ITC strong giants such as 3.5 to 1.5 per cent.
Nifty intraday calls
BUY Tata Steel Ltd. above 229 Tragte 230/233/238 Stop Loss 212
SELL Reliance Industries Ltd below 852 Traget 850/848/845 Stop Loss 868
BUY Punjab National Bank above 524 Target 529/533/538 Stop Loss 510