Today market is in volatile note, nifty is opened lower with 50 share and it is broke its crucial support level 5400 in intraday trade. The nifty at 5316.20, down with a point 98.55 points or 1.82%.
The rupee break a record of 63.50 intraday in the previus session to the US dollar. Its previous end at 63.14, down with 2.3%. rupee breaches 64 levels .The indian rupee has registered its high % fall in a month.
Stock market look in red flag, BSE sensex also fell with points 295.42 or 1.61%.acording to sectrol index BSE auto index fell 1.80% and banker index fell 2.39%, FMCG index was 1.84% lower.
In banking sector ICICI bank decline 9.45% at USD 26.84 and HDFC bank slipped with 4.35% at USD 29.26.
Tatamotors increase from its previous session tatamotors is slipped with 6.85% at USD 23.40.
BUY jindalsteel with target 223.80/225.40 stoploss 219.00/217.20.
Buy tatasteel with target 255 stoploss 246.
Sell sunpharma with target 477.23 stoploss 505.00.
Sell Tatamotors with target 285.00 stoploss 305.25.
Sell lupin with target 748.20 stoploss 793.80.
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