Today once agian market has opened at bullished side & trade to possitive but the Indian currency play the role of negative. At 10:30 am outlook of stock market NSE 50 index 5717 with +17 pts. & BSE 30 index also trade at 19276 with +47 pts. Our indian currency rupees trade above the range of 61.50 and today trade loss the 0.28%. In 2014 fiscal year in first section Tata steel earn the 1139 carore & it’s share gain the 5.5%. Bajaj Auto’s Chakan plant strike is over. Bajaj Auto’s shares are up 2.25 percent.
NSE gainer stock has listed on this – Tata steel ltd., Tata motor, Bharat petrolieum, Hindalco industries, NMDC ltd.
The out look of BSE Gainer – Jaypee infratech ltd., jain irrigation, Tata steel, Steel Authority, Tata motors ltd.
Metal and auto stocks gained 2 percent. Realty, PSU, technical, consumer durables, oil & gas, IT stocks are strong from 0.8 to 0.3 per cent. FMCG, Power, bank shares have fallen from 0.5 to 0.3 per cent. Healthcare and seems even more pressure on capital goods stocks.
Intraday calls for today
SELL Tata Steel Ltd below 254 Target 253/252/251 Stop Loss 260
BUY OMDC Ltd. above 1,870 Target 1,871/1,873/1,875 Stop Loss 1,860
BUY TCS Ltd. above 1,847 Target 1,849/1,850/1,854 Stop Loss 1,840